Summary: Air Arabia is studying the purchase of additional narrow-body
aircraft as the airline seeks a larger slice of the budget travel market in the Middle East, chief executive officer Adel Abdullah Ali said.
With the addition of these two new A320 aircraft, Etihad will has 10 aircraft in its narrow-body
fleet by the end of this year.
M2 EQUITYBITES-February 19, 2016-Aircastle, IBJ Leasing JV targets narrow-body
Montreal - Air Canada announced Wednesday it had placed a firm $6.5 billion order for 61 Boeing 737 MAX narrow-body
aircraft, with options on 18 more planes and purchase rights for 30 others.
Canadian tour operator Transat AT Inc (TSX: TRZ.B) said it has signed an agreement for the seasonal leasing of Boeing (NYSE: BA) 737-800 narrow-body
aircraft that will be supplied in winter by Transavia France, the Air France/KLM Group's French leisure airline.
Carriers looking to buy a 787 Dreamliner or a 737 narrow-body
also need patience toward the end of the decade to take delivery, said Randy Tinseth, marketing vice-president for commercial airplanes at Boeing.
Turkish Airlines is still in talks with Airbus and Boeing over a large order of narrow-body
jets Turkish Airlines is still in talks with both Airbus and Boeing over plans to order narrow-body
planes and has not yet made a final decision on the number of aircraft it will buy, chairman Hamdi Topcu told reporters.
M2 EQUITYBITES-December 21, 2015-Finnair adding seat efficiency to narrow-body
The agreement is in keeping with Transat's previously announced plan to internalise its operations using narrow-body
aircraft (it has relied on outside aircraft since 2003), and to deploy a so-called accordion fleet that enables it to adjust the number of narrow- and wide-body jets at its disposal according to seasonal tourism market needs.
The Toulouse, France-based planemaker forecasts demand for 50 to 100 plane orders from Middle Eastern carriers this year, predominantly for narrow-body
aircraft to replace ageing fleets, according to Fekih.