Daily Aviation Brief – 08/08/2024

Acumen Aviation Newsletters:

China Aviation Industry Newsletter: https://tinyurl.com/35tvyt7x

India Aviation Industry Newsletter: https://tinyurl.com/2s3hckn

Irish Aircraft Leasing Newsletter: https://tinyurl.com/3wz88kth

Irish Commercial Aircraft Update: https://tinyurl.com/4vwkacsd

North American Aviation Newsletter: https://tinyurl.com/2ses5rcs

Irish Aviation Research Institute Blog Posts:

Avianca Takes Delivery of two former Irish Norwegian Boeing 787s: https://tinyurl.com/bdsesj33

EirTrade Aviation acquires third Eva Air Airbus A330: https://tinyurl.com/yhhvce3x

ITA Airways adds 7 new Airbus Aircraft on Irish Registry: https://tinyurl.com/2fceh23y

Aircraft Update:

C-GFJO Boeing 737-8 c/n 63382 WestJet Delivered to Cecil Airport 26/07/24 ex C-FTHF.

C-GFJQ Boeing 737-8 c/n 63383 WestJet Delivered to Cecil Airport 02/08/24 ex C-GJHK.

Global Aviation News:

Norwegian air lowers operating profit forecast to between €1.8bn and €2.5bn 
Read more: https://www.travelextra.ie/norwegian-air-lowers-operating-profit-forecast-to-between-e2-5bn/

Supply chain issues cause Wizz Air share price to plunge 18pc, largest decline since the early days of the pandemic
Read more: https://www.travelextra.ie/wizz-airs-share-price-falls-18pc-largest-decline-since-the-early-days-of-the-pandemic/

Traffic at Europe’s airports back to pre pandemic levels for the first time 
Read more: https://www.travelextra.ie/traffic-at-europes-airports-back-to-pre-pandemic-for-the-first-time/

Vietnam Airlines Welcomes Boeing 787-10 Dreamliner To Its Fleet
Read more: https://newsroom.aviator.aero/vietnam-airlines-welcomes-boeing-787-10-dreamliner-to-its-fleet/

Irish Aviation News:

Aercap records one of best quarterly results but warns of impact of Ukraine and Israel  conflicts
Read more: https://www.travelextra.ie/aercap-records-sone-of-best-quarterly-results-but-warns-of-impact-of-ukraine-and-israel-conflicts/

“A total loss”: €83m Russian aviation claim subject to Irish law
Read more: https://thecurrency.news/articles/157157/a-total-loss-e83m-russian-aviation-claim-subject-to-irish-law/

Avolon selects RTX’s Pratt & Whitney engines to power up to 160 Airbus A320neo family aircraft
Read more: https://newsroom.aviator.aero/avolon-selects-rtxs-pratt-whitney-gtf-engines-to-power-up-to-160-airbus-a320neo-family-aircraft/

Emerald Airlines choose EFOS Training by Evoke Systems Limited
Read more: https://www.aircraftit.com/news/emerald-airlines-choose-efos-training-by-evoke-systems-limited/?area=ops

Expand regional airports or fares ‘will inevitably rise’ – Ryanair DAC CEO Eddie Wilson
Read more: https://www.newstalk.com/news/expand-regional-airports-or-fares-will-inevitably-rise-ryanair-1749880

Tweet Picks:

@ByERussell “Demand for low fares in the United States is up. Way up. Low-fare capacity in the United States has just kind of gone haywire.”Good analysis from @miller22.

@LondonAirTravel IAG CEO Luis Gallego says the failure of the Air Europa transaction will not deter the group from pursuing TAP, if the conditions are right. Luis cites the dual North Atlantic hubs of Heathrow and Dublin as a similar potential model for the South Atlantic at Madrid and Lisbon.

@AviationWeek International Airlines Group (IAG) is abandoning its plan to take over Spanish airline Air Europa, which it hoped would help it boost its Madrid hub, citing “the current regulatory environment.”

@IshrionA Without the A321XLRs in 2025-2029, JetBlue will likely slow down Europe and other long-haul growth until 2030. They could continue to expand to the shorter destinations like Ireland/UK with regular A321neos, but they’re only taking delivery of a few more frames in 2024/25.

Video Picks:

Discretionary pullback makes us more cautious on the airline sector, says TD Cowen’s Tom Fitzgerald
https://www.youtube.com/watch?v=rZzxCrMZ_oY

IndiGo Unveils Business Class Products For 12 Routes On Its 18th Anniversary 
https://www.youtube.com/watch?v=rE4Lh0OZrlo

‘Prepare for a bloodbath’ in the airline industry, analyst says
https://www.youtube.com/watch?v=Sqk0lXJQXg8

£81.5 billion in deals made as Farnborough International Airshow 2024 ends
https://www.youtube.com/watch?v=xELMZu-XFW8

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