euroAtlantic Airways Grows With Its First A330-200 Aircraft
The A330-200, which is leased from AELF, is the sixth widebody aircraft in EAA's fleet, and the Company's first ever Airbus aircraft in its >30-year history. Powered by General Electric CF6-80E engines, the aircraft delivers reliable performance and fuel efficiency while supporting a maximum takeoff weight of 233,000 kg, ensuring optimal payload capacity for long-haul operations. Today, it is configured with 12 Business Class seats and 283 Economy Class seats, accommodating 295 passengers in total.
EAA is currently operating for LOT Polish Airlines on its daily New York to Warsaw route and for Azul on Lisbon to Campinas, Porto to Recife, and Madrid. The leading ACMI business also provides services for government entities, including the United Nations.
Stewart Higginson, CEO and Chairman of euroAtlantic Airways, commented:"We are excited to welcome the A330-200 to our fleet. The addition represents the next stage in EAA's journey towards enhancing its operational capabilities and market presence. Recognised for its operational efficiency and superior passenger experience, this aircraft represents a significant milestone for euroAtlantic, marking our transition to a dual Boeing and Airbus operator. It further expands our long-haul product offering for the charter and ACMI market segments. We are grateful to AELF for their support and collaboration and look forward to partnering with leading airlines to provide best in class customer experience."
Joe Cirillo, Chief Commercial Officer of AELF, added: 'We are proud to partner with EAA on the lease of this A330-200 and support their ambitious fleet development. We specialise in providing tailored, flexible leasing solutions to dynamic operators like EAA, who are expanding their footprint in key global markets. We look forward to supporting EAA as they continue to grow and innovate in the ACMI and charter sectors."
About euroAtlantic Airways
euroAtlantic Airways is a Portuguese airline specializing in ACMI and charter solutions, operating a diverse fleet of aircraft. Headquartered in Carnaxide and based at Lisbon Airport, it offers wet-lease, charter services, and Ad-Hoc flights across the globe, and has served 727 Airports in 167 countries in 32 years of operations. With over three decades of expertise in the aviation industry, EAA has established itself as a global leader in providing ACMI (Aircraft, Crew, Maintenance, and Insurance) and Charter solutions. Over the years, the Company has earned a reputation for delivering tailored services that meet the unique needs of its clients, with a continued focus on safety, efficiency, and innovation. Since 2024, euroAtlantic Airways is majority owned by Njord Partners.
To find out more visit:
Aircraft Engine Lease Finance Inc. ('AELF') is an experienced commercial aircraft lessor. Based in Chicago, AELF offers customized and flexible financing solutions to airlines and commercial aircraft operators worldwide. AELF has been in operation for a decade and is continually expanding its commercial aircraft and engine portfolio. Learn more at www.aelfinc.com.
To find out more visit:
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
TransDigm lowers annual revenue forecast on slowing OEM business
(Reuters) -Aircraft component maker TransDigm Group on Tuesday lowered its full-year revenue forecast, as its commercial original equipment manufacturing business fell short of the company's expectations during the third quarter. Shares of the company, which makes cockpit security systems and engine sensors for commercial and military jets, fell 8.6% before the bell. "We are decreasing our sales guidance primarily due to lower than expected commercial OEM sales, driven mainly by lower than anticipated OEM build rates and inventory destocking," said CEO Kevin Stein. While TransDigm has predominantly benefited from booming demand for repairs on older jets in recent quarters, it also sells OEM parts to Boeing and Airbus. Both the plane-makers have been grappling with supply chain snags and labor shortages that have sent ripple effects throughout the aerospace industry. The industry now faces the added challenge of trade policies that have muted growth prospects for companies globally as they adapt to changing policies and sentiment. The Cleveland, Ohio-based company now sees annual net sales in the range of $8.76 billion to $8.82 billion, compared with its prior view of between $8.75 billion and $8.95 billion - implying a 60 million fall in the midpoint of the forecast range. TransDigm's third-quarter revenue rose 9% to $2.24 billion from a year ago, but fell short of analysts' expectations of $2.29 billion, according to data compiled by LSEG. Adjusted profit for the quarter ended June 28, rose to $9.60 per share, but missed estimates of $9.98 per share. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
12 hours ago
- San Francisco Chronicle
Australia selects Japan's Mitsubishi Heavy Industries for $6.5B warship deal
WELLINGTON, New Zealand (AP) — Australia said Tuesday it accepted a Japanese company's bid for a lucrative and hotly contested contract to build Australian warships, expected to be worth 10 billion Australian dollars ($6.5 billion). Mitsubishi Heavy Industries' Mogami-class frigate won the deal over rival Germany's MEKO A-200 from Thyssenkrupp Marine Systems. Japan's government lobbied heavily for the deal after missing out on Australia's submarines contract to a French company in 2016. 'This is clearly the biggest defense industry agreement that will ever have been struck between Japan and Australia,' Defense Minister Richard Marles told reporters when he announced the deal Tuesday. 'In fact, it's really one of the biggest defense exports that Japan has ever engaged in.' The fleet of 11 naval vessels will replace Australia's ageing fleet of ANZAC-class ships. Three of the frigates will be built in Japan, with the first scheduled to be operational Australia in 2030, and the remaining eight due for construction in Australia. Australian news outlets reported that the German company's bid had emphasized their vessel's cheaper price and their greater experience building ships abroad. But Pat Conroy, Australia's Minister for Defense Industry, said the Mogami-class frigate was a 'clear winner' when assessed by 'cost, capability and meeting our schedule of delivery.' The vessels have a range of up to 10,000 nautical miles (18,520 kilometers) and 32 vertical launch cells capable of launching long-range missiles. The frigates can operate with a crew of 90, compared to the 170 needed to operate the ANZAC-class ships. Mitsubishi's win was a boon for Japan's defense industry, which has not built naval vessels abroad before. Japan, whose only treaty ally is the United States, considers Australia a semi-ally and has increasingly sought to deepen bilateral military cooperation amid ongoing regional tensions in the disputed South China Sea. 'We welcome the decision by the Australian government as a major step to further elevate Japan's national security cooperation with Australia, which is our special strategic partner,' Japan's Defense Minister Gen Nakatani said Tuesday. Nakatani said co-developing the frigate will allow the two countries to train and operate with the same equipment and further improve operability and efficiency. Japan set up a joint taskforce of government and industry in an effort to win the bid. Australian officials said work on a binding commercial contract with Mitsubishi Heavy Industries and the government of Japan would now begin, with a finalized agreement expected in 2026. They did not say how much each ship would cost or confirm a total figure for the package, citing ongoing negotiations. But Conroy said the government had allowed AU$10 billion for the project over the next 10 years. It forms part of the AU$55 billion that Australia has budgeted for the navy's entire surface combatant fleet during the same period. —-
Epoch Times
12 hours ago
- Epoch Times
Australia Selects Japan to Supply New $10 Billion Frigate Fleet
Australia has chosen Japan to build 11 general-purpose frigates at a cost of around $10 billion (US$6.47 billion), Defence Minister Richard Marles and Minister for Defence Industry Pat Conroy have announced. To be built by Mitsubishi Heavy Industries, the Mogami frigate was selected ahead of the German TKMS MEKO A-200.
