Azul confirmed (14-Feb-2012) 10 more options for the purchase of E-195 jets at a total list price value of USD478 million. The agreement raises the total number of aircraft under contract to 62 (57 E-195s and five E-190s), 33 of which are already in operation, together with another five E-190s purchased by Azul from other companies. In Oct-2011, Azul acquired 11 E-195 jets from Embraer. The 10 new aircraft are scheduled for delivery from 2015. [more - original PR]
Azul purchases another 10 E-195 jets
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Qatar Airways buys 10% of oneworld's LATAM, to add to its 15% in IAG
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Qatar gives LATAM needed cash and a distant shareholder. Latin America is the smallest market by far for Gulf airlines, but while currently in the economic doldrums, has a longer term potential for growth. It is also a key future market for US airlines, albeit very small on the Gulf airlines' networks. Qatar is spending nearly EUR2.5 billion on equity investments, still smaller than Etihad's but illustrating a willingness to acquire airline assets, for investment and strategic reasons. In this case the immediate strategic purpose for Qatar is less apparent.
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Air France-KLM: long haul low cost airline could be part of new CEO's vision as French Blue enters
Air France-KLM chairman and CEO, Jean-Marc Janaillac, who took charge in Jul-2016, has talked about the possibility of launching long haul low cost operations (Bloomberg/luchtvaartnieuws.nl, 20-Sep-2016).
If Air France-KLM were to enter this segment it would be the second of Europe's big three legacy airline groups to do so, after the Lufthansa Group. Ironically, there is no long haul low cost competition to Lufthansa in Germany. By contrast, IAG faces more such competitors in the UK than either of its two major rival groups in their largest home market, but currently has no plan for such an operator.
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