Latest news with #A330neos
North Wales Live
4 hours ago
- Business
- North Wales Live
Airbus secures 90 plane order worth billions of pounds
Airbus has secured a new major plane order. Avolon, a leading global aviation finance company, has placed an order for 90 Airbus aircraft. This is made up of 15 A330neo and 75 A321neo in a deal with more than £10bn at list prices. This brings Avolon's total Airbus orders to 79 A330neos and 264 A321neos. Wings for the planes will be assembled at Airbus Broughton in North Wales. Andy Cronin, Avolon CEO, said: 'This order demonstrates our strong confidence in the long-term demand for new aircraft. Our scale and balance sheet position us to support our airline customers' expansion and replacement needs into the next decade. "Both the A321neo and A330neo are in high demand, and we expect this to continue given the long-term growth trajectory for the aviation sector. We are delighted to be expanding and extending our long-term partnership with Airbus with this order.' Sign up for the North Wales Live newsletter sent twice daily to your inbox Benoît de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business, said: 'Lessors are excellent barometers of the aircraft market, and we are grateful to Avolon for expanding its commitment for the A320 Family and A330neo, so soon after an earlier order two years ago. "This endorsement illustrates the strong attractiveness to a wide variety of customers of these two aircraft, the most efficient in their category with the latest technologies embedded, covering the market space from domestic to regional to long haul routes. We value this partnership which has helped open new markets and broaden the customer base for both aircraft types." Powered by the latest generation Rolls-Royce Trent 7000 engines, the A330-900 has a range of 7,200nm / 13,300 km non-stop and reduces fuel burn, CO2 emissions and operating cost by 25% compared to the previous generation aircraft. The A321neo is the largest member of Airbus' best-selling A320neo Family and brings a 50% noise reduction and more than 20% fuel savings and CO₂ reduction compared to previous generation single-aisle aircraft. As with all in-production aircraft, the A330neo and A321neo are able to operate with up to 50% Sustainable Aviation Fuel (SAF), with a target to increase to up to 100% SAF capability by 2030.
Business Wire
7 hours ago
- Business
- Business Wire
Avolon Orders 90 Airbus Aircraft
DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces an order with Airbus for 75 A321neo aircraft and 15 A330neo aircraft. The new aircraft are scheduled to be delivered out to 2033. The order increases Avolon's Airbus commitments to 413 aircraft, comprising exclusively of A320neo family and A330neo new technology aircraft. The order includes purchase rights in respect of a further 25 A321neos, and options to purchase a further 15 A330neos. Avolon currently has 145 A320neo family aircraft in its delivered fleet, and commitments for a further 358 aircraft including today's order. These aircraft deliver 20% lower fuel burn and CO2 emissions compared to previous generation single-aisle aircraft, and 50% noise reduction. The A321neo can carry up to 244 passengers with a range of 7,400km. Avolon was a launch customer for the A330neo programme in 2014 and has 33 A330neos in its delivered fleet, with today's agreement bringing Avolon's A330neo orderbook to 55 aircraft. The A330neo has a range of over 13,300km, and 25% lower fuel consumption and CO2 emissions compared to previous generation aircraft. Andy Cronin, Avolon CEO, commented: 'This order demonstrates our strong confidence in the long-term demand for new aircraft. Our scale and balance sheet position us to support our airline customers' expansion and replacement needs into the next decade. Both the A321neo and A330neo are in high demand, and we expect this to continue given the long-term growth trajectory for the aviation sector. We are delighted to be expanding and extending our long-term partnership with Airbus with this order.' Benoît de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft, commented 'Lessors are excellent barometers of the aircraft market, and we are grateful to Avolon for expanding its commitment for the A320 Family and A330neo, so soon after an earlier order two years ago. This endorsement illustrates the strong attractiveness to a wide variety of customers of these two aircraft, the most efficient in their category with the latest technologies embedded, covering the market space from domestic to regional to long haul routes. We value this partnership which has helped open new markets and broaden the customer base for both aircraft types.' This is a firm aircraft order subject only to approval by shareholders of Bohai Leasing Co., Ltd., Avolon's 70% shareholder, which is anticipated before the end of August 2025. About Avolon Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. We pride ourselves on our deep customer relationships, our collaborative team approach, and our fast execution. We invest with a long-term perspective, diversifying risk and managing capital efficiently to maintain our strong balance sheet. Working with 142 airlines in 60 countries, Avolon has an owned, managed, and committed fleet of 1,166 aircraft, as of 30 June 2025 (pro forma for the new Airbus order).
GMA Network
6 days ago
- Business
- GMA Network
Cebu Pacific becomes PH's first carrier with 100-strong fleet
Gokongwei-led budget carrier Cebu Pacific on Friday announced its latest historic milestone as it becomes the first local carrier to operate a 100-strong fleet after receiving the delivery of its latest aircraft — a brand new A330neo. 'Reaching 100 aircraft is more than a milestone — it reflects our unwavering commitment to make air travel accessible to more Filipinos,' said Xander Lao, Cebu Pacific president and chief commercial officer. 'With a larger fleet, we're able to operate more efficiently, enhance connectivity across the country and the region, and pass on the benefits of scale through even lower fares,' said Lao. The airline's 100-aircraft milestone came amidst increasing demand for air travel. In June alone, Cebu Pacific said it flew a total of 2.2 million passengers, up 7.9% from the same month last year. From January to June 2025, the airline said it has flown 13.9 million passengers, up 21% from 11.5 million in the first half of 2024. Cebu Pacific said the latest A330neo aircraft is also the 12th aircraft of its kind to join its fleet, reinforcing the airline's position as the largest A330neo operator in the Asia-Pacific. The 459-seater aircraft, which arrived in Manila from Airbus' facility in Toulouse, France, is the second of four A330neos expected to join Cebu Pacific's fleet this year — the first of which arrived on March 28. The airline is expecting a total of seven aircraft to be delivered in 2025. Cebu Pacific's fleet is diversified with a mix of 12 Airbus A330s, 40 Airbus A320s, 26 Airbus A321s, and 22 ATR turboprop aircraft. —LDF, GMA Integrated News
Indian Express
09-07-2025
- Business
- Indian Express
Virgin Atlantic to offer free Starlink Wi-Fi across entire fleet by 2027
Virgin Atlantic has become the first UK airline to announce free, fleet-wide in-flight Wi-Fi powered by Starlink, SpaceX's low Earth orbit satellite network. The high-speed, low-latency internet will be offered across all cabins on Boeing 787s, Airbus A350s, and A330neos starting in Q3 2026, with full rollout expected by the end of 2027. 'The new service allows our guests to create a home away from home experience, allowing customers to connect seamlessly, from the moment they board the aircraft, enjoying the same quality in the air as they do on the ground,' said Siobhan Fitzpatrick, Chief Experience Officer at Virgin Atlantic, according to a press release by company. The service will be entirely free for Flying Club members. Passengers will be able to use multiple devices—phones, tablets, and laptops, simultaneously throughout the flight. The airline says the enhanced connectivity will also allow for streaming live sports, shopping online, and keeping in touch with friends and family in real time. 'In a first for any UK airline, we'll soon have free, streaming quality, unlimited, fleet-wide Wi-Fi. Together with Starlink, we are delighted to provide our guests with the best connectivity in the skies,' Fitzpatrick added. The announcement comes amid Virgin Atlantic's ongoing fleet transformation. In 2024, the airline confirmed a $17 billion order for seven A330-900neos. By 2028, the carrier will operate a next-generation fleet of 45 aircraft.
The Irish Sun
09-07-2025
- Business
- The Irish Sun
Inside Virgin Atlantic's multi-million makeover: Comfier seats, new planes & big news if you watch Netflix on flights
VIRGIN has revealed its huge multi-billon plans in the next decade. The airline has already invested $17billion (£12.5billion) into upgrading their fleet, which will see 45 aircraft by 2028. 5 More business and premium economy seats will be onboard 5 It will be the first airline in the UK to have streaming quality WiFi onboard And new major plans include a full retrofit of the Boeing 787-9 fleet, including the first Retreat Suite business class. More Not only that, but they are to be the first UK airline to have streaming-quality Using Starlink, all Flying Club members will be able to use it, with it being rolled out from next year and finished by 2027. Read more on Virgin Siobhan Fitzpatrick, Chief Experience Officer, Virgin Atlantic, explained; "In a first for any UK airline, we'll soon have free, streaming quality, unlimited, fleet-wide Wi-Fi . "Together with Other updates include an upgraded app, as well as a new AI concierge to help with booking holidays or on-holiday assistance. Millions of pounds are also being invested into airport lounges after the launch of the LAX Clubhouse in the US. Most read in News Travel Both The Virgin Atlantic Flying Club will also let all passengers earn points, which don't expire. I tried the adults-only Virgin Voyages cruise with 2am pizza parlours, rooftop bars and karaoke sessions-I tried the adults-only Virgin Voyages cruise with 2am pizza shops & rooftop bar 5 The 787's will get a huge retrofit like the A330neos Credit: Virgin Atlantic 5 Airport lounges are also being upgraded Flying taxis connecting airports to city centres were also announced with electric air taxi Joby, along with new toiletries onboard offered by Votary. Shai Weiss, CEO of "The first UK airline to have free, streaming quality, fleet-wide Wi-Fi; more premium cabins and a full retrofit of the 787 fleet; alongside a new app featuring the world of Virgin Atlantic in your pocket, all delivered by our amazing teams. "The best is yet to come.' Next year, Virgin Atlantic is From March 29 next year, daily flights will link the UK to the Korean city. Other new Virgin flights include to Riyadh in Saudi Arabia, as well as increase flights to India to celebrate 25 years flying there. And here is 5 The airline has just completed its multi-billion fleet orders Credit: Alamy
