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☆ Virgin is spending $17 billion on new planes and cabins. See inside its Airbus A330neo, with niche perks like Bluetooth.
▼ + stars: | 2024-09-06 | by ( Taylor Rains | Pete Syme | ) www.businessinsider.com time to read: +1 min

The planes replace aging widebodies and come with upgraded business and economy cabins. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVirgin Atlantic Airways has spent $17 billion to modernize its fleet and better compete with other airlines across the Atlantic. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Virgin Atlantic Airways, Airbus, Service, Business

☆ Meet the Delta captain who spent a year's salary chartering an Airbus to take 112 friends on a retirement flight to Hawaii
▼ + stars: | 2024-03-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +6 min

After 16 months of planning, Rosenkranz chartered the widebody jet from Delta to transport 112 friends and family. Rosenkranz told BI he got the idea in October 2022 because many of his coworkers' retirements were disrupted by the pandemic. Related storiesHe told BI it cost him "a good year's salary," but added: "You can't put a price on something that was that big. Rosenkranz told BI he was only the second pilot in nine years to receive the honor. Courtesy of Keith RosenkranzRosenkranz told BI how he writes back to readers who become inspired to join the military.

Persons: —, Keith Rosenkranz, that's, Rosenkranz, harter, ike, ake, orth, lew, ulf W, ade, ince Organizations: Service, Los Angeles International Airport, Delta Air Lines, LAX, Business, Airbus, Aviation, ust, ince Locations: Delta, ife

☆ Boeing front-runner in wide-body jet talks with IndiGo -sources
▼ + stars: | 2023-08-14 | by ( Aditi Shah | ) www.reuters.com time to read: +2 min

[1/2] A person is seen inside an IndiGo airlines ticketing office at Chhatrapati Shivaji International airport in Mumbai, India, May 30, 2023. IndiGo (INGL.NS) is in talks to buy Boeing's 787 family of twin-aisle aircraft, which has been pitted against Airbus A330neo jets, said the sources who are familiar with the matter. Reuters first reported in March that IndiGo was in talks with Airbus and Boeing for the wide-body jets. So far, IndiGo has been an exclusive buyer of Airbus narrow-body jets and a deal for wide-body planes would be a departure from that strategy. Earlier this year it began international operations with a Boeing 777, its first twin aisle aircraft taken from partner Turkish Airlines, which provides the pilots.

Persons: Francis Mascarenhas, IndiGo, Aditi Shah, Jason Neely, Conor Humphries Organizations: REUTERS, Boeing, Reuters, India's, Airbus, Air India, Turkish Airlines, KLM, Thomson Locations: Chhatrapati Shivaji International, Mumbai, India, Africa, West Asia, Southeast Asia, Europe

[1/5] Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit TessierSummarySummary Companies Pratt & Whitney sees 'solid progress' in supply chainSays groundings of GTF-powered fleet peaked in H1Airbus eyes post-show deal for 90 jets with Viva AerobusBoeing signs deals with Akasa Air and LuxairPARIS, June 21 (Reuters) - Jet engine maker Pratt & Whitney flagged "solid progress" in the aerospace supply chain on Wednesday, addressing a key area of concern for planemakers as they continue to rack up orders at the Paris Airshow. Pratt & Whitney President Shane Eddy, who has faced a backlash from airlines over durability problems and a shortage of spare engines, told the air show he was seeing "solid progress" in the supply chain. The European company, and U.S. rival Boeing, continued to sign new deals at the air show. Reporting by Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Pratt & Whitney, Benoit Tessier, Shane Eddy, Planemakers, Avolon, Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna, Mark Potter Organizations: Pratt &, International Paris Air, Le, REUTERS, Viva, Boeing, Akasa Air, Luxair, Jet, Pratt, Whitney, Paris Airshow, Reuters, Airbus, Viva Aerobus, Air India, Raytheon Technologies, Aircraft, Airbus A330neo, Thomson Locations: Le Bourget, Paris, France, Luxair PARIS, Mexican, India

The multibillion-dollar deal is the largest ever by number of aircraft, eclipsing Air India's provisional purchase of 470 jets earlier this year as India's two largest carriers plan for a sharp expansion in regional travel demand. With the growth of India (and) the growth of the Indian aviation market ... this is the right time for us to place this order," IndiGo Chief Executive Pieter Elbers told a news conference. Indian carriers now have the second-largest order book, with an over 6% share of the industry backlog, behind only the United States, according to a June 1 report by Barclays. After signing the IndiGo deal, Airbus CEO Guillaume Faury said it was premature to start thinking about narrowbody jet production rates higher than the planned 75 per month. It continues to hold separate talks with Airbus and rival Boeing (BA.N) for 25 widebody planes, which could either be Airbus A330neos or Boeing 787 jets, sources have said.

Persons: there's, Pieter Elbers, Guillaume Faury, Tim Hepher, Joanna Plucinska, Aditi Shah, Mark Potter Organizations: Airbus, Paris, Air, Reuters, Barclays, Boeing, Thomson Locations: India, United States

[1/2] A Boeing 787-8 puts on a display at the Farnborough Airshow, in Farnborough, Britain July 16, 2018. REUTERS/Peter Nicholls/File PhotoWASHINGTON, March 13 (Reuters) - Boeing Co (BA.N) is expected to sell nearly 80 787 Dreamliner airplanes to two Saudi Arabian airlines, a source briefed on the matter said on Monday. State-owned Saudi Arabian Airlines (Saudia) and new national airline Riyadh Air will both be acquiring Boeing 787s, the source said. The airlines are expected to buy a total of 78 787s split between the two buyers and have options to buy another 43, the source said. The Saudi deal comes on the heels of a major December order from United Airlines (UAL.O) for 100 787 Dreamliners and 100 737 MAX jets.

IndiGo, owned by InterGlobe Aviation Ltd (INGL.NS), is also comparing the A320neo with the Boeing 737 MAX as it weighs a major new order for narrow-body jets, they added. The split between wide- and narrow-body jets was not immediately clear. An IndiGo representative told Reuters the airline is constantly in talks with manufacturers as it plans its next phase of growth. IndiGo, which counts a 55% share of the domestic market, is widely expected to maintain Airbus as its supplier of narrow-body jets to squeeze out further economies of scale. Industry publication CAPA reported last month that IndiGo was looking at around 500 jets as Air India closed its own deal.

☆ A little-know budget airline is flying its new Airbus A330neo between the US and Germany, with business class going for as low as $1,199 one-way — see inside
▼ + stars: | 2023-02-16 | by ( Taylor Rains | ) www.businessinsider.com time to read: 1 min

These flying offices, which are typically located in the first row, are becoming more common as airlines continue to focus heavily on creating a robust business class product over first class. American Airlines recently announced the end to its international first class product, saying people simply "aren't buying it." The carrier has since unveiled it new Flagship Suite in business class (pictured). American AirlinesAmerican Airlines is ditching first class on long-haul flights because customers simply 'aren't buying it'

☆ Delta Air Lines sales, profits top estimates in strong finish to 2022
▼ + stars: | 2023-01-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Delta Air Lines Airbus A330neo or A330-900 aircraft with neo engine option of the European plane manufacturer, as seen departing from Amsterdam Schiphol AMS EHAM International airport. Delta Air Lines fourth-quarter profit and revenue topped expectations on Friday, but shares fell on the carrier's outlook for the first quarter. But it said unit costs, stripping out fuel, will likely increase 3% to 4% from 2022, including for labor and rebuilding its network. Adjusted revenue: $12.29 billion, excluding refinery sales, vs. $12.23 billion expected. Delta CEO Ed Bastian said in a news release the carrier "rose to the challenges of 2022, delivering industry-leading operational reliability and financial performance."

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