The Airbus A380 is a very large wide-body airliner that was developed and produced by Airbus. It is the world's largest passenger airliner and only full-length double-deck jet airliner. Airbus studies started in 1988, and the project was announced in 1990 to challenge the dominance of the Boeing 747 in the long-haul market. The then-designated A3XX project was presented in 1994; Airbus launched the €9.5 billion ($10.7 billion) A380 programme on 19 December 2000. The first prototype was unveiled in Toulouse on 18 January 2005, with its first flight on 27 April 2005. It then obtained its type certificate from the European Aviation Safety Agency (EASA) and the US Federal Aviation Administration (FAA) on 12 December 2006.
GECAS was an Irish–American commercial aviation financing and leasing company. AerCap acquired the company from GE Capital on November 1, 2021.
Sumitomo Mitsui Banking Corporation is a Japanese multinational banking financial services institution owned by Sumitomo Mitsui Financial Group, Inc. It is headquartered in Yurakucho, Chiyoda, Tokyo, Japan. The group operates in retail, corporate, and investment banking segment worldwide. It provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities. Since 2011, it has been included into the Financial Stability Board's list of global systemically important banks.
S7 Airlines, legal name JSC Siberia Airlines, is an airline headquartered in Ob, Novosibirsk Oblast, Russia, with offices in Moscow. As of 2008, it was Russia's largest domestic airline, with its main bases at Domodedovo International Airport and Tolmachevo Airport. It is a member of the Oneworld alliance but its membership is currently suspended due to Russia's invasion of Ukraine.
Guinness Peat Aviation (GPA) was an aircraft leasing company set up in 1975 by Aer Lingus, the Guinness Peat Group and Tony Ryan, then an Aer Lingus executive.
SmartLynx Airlines Limited, previously LatCharter, is a Latvia-based ACMI, charter and cargo airline based in Mārupe, operating flights on wet lease out (ACMI), holiday charter flights, ad-hoc passenger charter and cargo flights across Europe, Africa, Asia, Australia, Canada and the United States.
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, as well as to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. In some markets, there may also be hybrid models, such as with crew provided by lessees.
Dubai Aerospace Enterprise Ltd (DAE) is a global aviation services company and one of the largest aircraft leasing companies in the world. Headquartered in Dubai and with over 30 years in business, DAE's leasing and engineering divisions serve over 110 airline customers around the world from its seven locations in Dubai, Dublin, Singapore, New York, Miami, Seattle and Amman.
Malaysia Airlines operates a fleet of Airbus A330 and A350 as well as Boeing 737NG and Boeing 737 MAX aircraft.
China Aviation Supplies Holding Company (CASC) is a Chinese aircraft lessor established in October 2002 and succeeding China Aviation Supplies Import & Export Group Corporation and was founded in 1980. It offers operating lease, aircraft trading, sale-leaseback, asset management and engineering services, aircraft maintenance and manufacturing, flight training and support services, consulting, property management, advertising and IT, it has 14 framework agreements with Airbus and Boeing. Of the six holding companies of China's Civil Aviation Administration, it was the first established.
The competition between Airbus and Boeing has been characterized as a duopoly in the large jet airliner market since the 1990s.
Dubai Aviation Corporation, operating as Flydubai, is an Emirati government-owned airline based in Dubai, United Arab Emirates. The airline mainly operates out of Terminal 2 at Dubai International Airport, however some flights fly out from Terminal 3. The airline operates a total of 124 destinations, serving the Middle East, Africa, Asia and Europe from Dubai. The company slogan is Get Going.
As of March 2024, Air India operates a fleet of both narrow-body and wide-body aircraft with a fleet consisting of Airbus A319, A320, A320neo, A321, A321neo, A350 as well as the Boeing 777 and Boeing 787, making for a total of 133 aircraft.
Wings of Lebanon was a privately held Lebanese airline, which began operations in 2006.
Avolon is an aircraft leasing company headquartered in Dublin, Ireland. It was established in May 2010 by Dómhnal Slattery and a team from RBS Aviation Capital, including John Higgins, Tom Ashe, Andy Cronin, Simon Hanson, and Ed Riley. In December 2014, Avolon went public on the New York Stock Exchange (NYSE) with the ticker symbol AVOL, marking the largest listing of an Irish-founded company on the NYSE. In September 2015, Avolon received a cash offer from Bohai Leasing Co., an affiliated Chinese leasing and financial services company, to acquire 100% of Avolon's common shares. The acquisition by Bohai Leasing was completed in January 2016, leading to Avolon's delisting from the NYSE. In November 2018, ORIX Corporation, a Japanese financial institution, acquired a 30% stake in Avolon from its shareholder, Bohai Capital, which is part of the HNA Group.
AerCap Holdings N.V. is an American-Irish aviation leasing company headquartered in Dublin, Ireland, with offices around the world. AerCap is listed on the NYSE with the ticker 'AER'. It became the largest aviation leasing company in the world following the acquisition of ILFC in 2014, and GECAS from GE in 2021, for over $30 billion.
Intrepid Aviation is a commercial aircraft leasing company primarily focused on young, modern, fuel-efficient wide-body aircraft and larger narrowbody aircraft. It has offices based in Dublin, Ireland and Stamford, Connecticut, United States.
Thai Airways International operates a fleet of wide-body and narrow-body aircraft from Airbus and Boeing.
The Boeing 737 MAX groundings have had a deep financial effect on the aviation industry and a significant effect on the national economy of the United States. No airline took delivery of the MAX during the groundings. Boeing slowed MAX production to 42 aircraft per month until in January 2020, when they halted until the airplane is reapproved by regulators. Boeing has suffered directly through increased costs, loss of sales and revenue, loss of reputation, victims litigation, client compensation, decreased credit rating and lowered stock value. In January 2020, the company estimated a loss of $18.4 billion for 2019, and it reported 183 canceled MAX orders for the year.
