AirAsia X signed (09-Aug-2012) a LoI with International Lease Finance Corporation (ILFC) for the lease of six A330-300. These aircraft are the same model as those AirAsia X purchased directly from Airbus, with Rolls Royce Trent 700 engines. The six aircraft, which are scheduled for delivery between 2013 and 2014, will be operated on the carrier’s expanding network. AirAsia X will lease the six aircraft on a 10-year lease term. The six leased aircraft will be reconfigured to meet AirAsia X’s existing A330-300 configuration of 12 premium and 365 economy seats. AirAsia X CEO Azran Osman-Rani said, "These six aircraft, together with existing delivery orders from Airbus, will see AirAsia X’s growth develop, with a total of seven deliveries each in 2013 and 2014, with the aim of being the dominant market leader in the low-cost long-haul segment. We intend to deploy the additional capacity with a vision to solidify our positions in our identified core markets, including Australia, China, Taiwan, Korea, and Japan.” [more - original PR - AirAsia X] [more - original PR - AirAsia X]
AirAsia X signs LoI with ILFC for lease of six A330-300 aircraft
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The CAPA airline fleet quiz: 15 challenging questions. CAPA Summit Singapore 2/3 March
Test your knowledge of the global aircraft fleet with this CAPA Quiz. If you have access to the comprehensive CAPA Fleet Database, it should be a breeeeze.
Rank your result:
15/15 = Outstanding! – you should set up your very own aircraft leasing company.
13-14/15 = Excellent – your colleagues should say the word ‘wiki…’ in front of your first name around the office.
10-12/15 = Very good – someone should shout you several drinks at the next air finance gathering.
9 or below/15 = Time to brush up – you need to sign up for CAPA's Fleet Database immediately.
Visit http://capaevents.com/AFFS17 for the answers
London-Singapore becomes world's longest LCC route as Norwegian enters: Long haul low cost, Part 1
European LCC group Norwegian is to launch service from London Gatwick to Singapore on 28-Sep-2017. London-Singapore will become the longest route in Norwegian’s network – and the longest route by any LCC globally.
London-Singapore is a large market but is currently only served nonstop in both directions by Singapore Airlines (SIA) and British Airways. Norwegian should be able to stimulate new demand and attract passengers who are now flying on competitively priced one stop products.
There will also be opportunities to carry passengers beyond London and Singapore. However, Norwegian will need to rely mainly on end to end traffic.