"Corsair"

Earlier this week, AerCap celebrated the delivery of the first of four Airbus A330neos to French carrier Corsair.

This adds to the other five units of the aircraft type that the French airline already has in it’s fleet.

Without further ado, let’s get into it…

The Delivery Flight: SS339 Toulouse-Paris Orly…

F-HETE is the aircraft in question mentioned, which operated it’s delivery flight on March 8.

Under the apt flight number, SS339, the aircraft departed Toulouse at 1516 local time.

It then arrived into it’s base of Paris Orly at 1609 local time.

At the time of writing (13/3/24 @ 1230 UK time), the aircraft has not operated any commercial flights at present.

Furthermore, it is likely that they will either enter towards the Summer season or gradually during the less busier periods.

It now means Corsair will have a total of nine Airbus A330-900neos when the rest have been delivered.

The other three are scheduled to be delivered throughout this year.

Corsair Entering Second & Final Phase of Fleet Renewal…

Commenting on the first delivery was Peter Anderson, the Chief Commercial Officer of AerCap:

“We are delighted to deliver the first of four A330neo aircraft to Corsair”.

“The A330neo is one of the most desirable and in-demand aircraft in the world and will not only support Corsair’s widebody fleet modernization but will bolster their sustainability commitments by reducing emissions and enhancing operational efficiency.”

“We wish Pascal de Izaguirre and all the team at Corsair every success and look forward to working with them as these aircraft deliver.”

Adding to this was Mr. de Izaguirre himself, the CEO of the French carrier:

“With the delivery of this new A330neo aircraft, Corsair is entering the second and final phase of its fleet renewal plan.”

“By the end of 2024, we will have added a further four new A330neos to our fleet, the first of which will be deployed to service destinations in the French West Indies, commencing March 19.”

“Subsequently, the second aircraft is scheduled to operate between France and the Ivory Coast, commencing in April.”

“By the end of this year, all Corsair routes will be operated by A330neo aircraft.”

“Our fleet will be among the youngest fleet in the world, lowering the impact on the environment while enhancing our customers’ travel experience”.

Overall…

In conclusion, this marks the next stage in it’s overall plan of fleet renewal at Corsair, with the help of AerCap.

Furthermore, the transition to an all Airbus A330neo fleet will keep costs down in the long run.

All eyes will be on the delivery of the other three aircraft, as well as what this could mean for route expansion.

But for now, let’s see how 2024 performs for the French carrier.

Click the banner to subscribe to our weekly newsleter.

Click the photo to join our WhatsApp channel so then you can stay up to date with everything going on in the aviation industry!

Earlier this week, AerCap celebrated the delivery of the first of four Airbus A330neos to French carrier Corsair.

This adds to the other five units of the aircraft type that the French airline already has in it’s fleet.

Without further ado, let’s get into it…

The Delivery Flight: SS339 Toulouse-Paris Orly…

F-HETE is the aircraft in question mentioned, which operated it’s delivery flight on March 8.

Under the apt flight number, SS339, the aircraft departed Toulouse at 1516 local time.

It then arrived into it’s base of Paris Orly at 1609 local time.

At the time of writing (13/3/24 @ 1230 UK time), the aircraft has not operated any commercial flights at present.

Furthermore, it is likely that they will either enter towards the Summer season or gradually during the less busier periods.

It now means Corsair will have a total of nine Airbus A330-900neos when the rest have been delivered.

The other three are scheduled to be delivered throughout this year.

Corsair Entering Second & Final Phase of Fleet Renewal…

Commenting on the first delivery was Peter Anderson, the Chief Commercial Officer of AerCap:

“We are delighted to deliver the first of four A330neo aircraft to Corsair”.

“The A330neo is one of the most desirable and in-demand aircraft in the world and will not only support Corsair’s widebody fleet modernization but will bolster their sustainability commitments by reducing emissions and enhancing operational efficiency.”

“We wish Pascal de Izaguirre and all the team at Corsair every success and look forward to working with them as these aircraft deliver.”

Adding to this was Mr. de Izaguirre himself, the CEO of the French carrier:

“With the delivery of this new A330neo aircraft, Corsair is entering the second and final phase of its fleet renewal plan.”

“By the end of 2024, we will have added a further four new A330neos to our fleet, the first of which will be deployed to service destinations in the French West Indies, commencing March 19.”

“Subsequently, the second aircraft is scheduled to operate between France and the Ivory Coast, commencing in April.”

“By the end of this year, all Corsair routes will be operated by A330neo aircraft.”

“Our fleet will be among the youngest fleet in the world, lowering the impact on the environment while enhancing our customers’ travel experience”.

Overall…

In conclusion, this marks the next stage in it’s overall plan of fleet renewal at Corsair, with the help of AerCap.

Furthermore, the transition to an all Airbus A330neo fleet will keep costs down in the long run.

All eyes will be on the delivery of the other three aircraft, as well as what this could mean for route expansion.

But for now, let’s see how 2024 performs for the French carrier.

Click the banner to subscribe to our weekly newsleter.

Click the photo to join our WhatsApp channel so then you can stay up to date with everything going on in the aviation industry!

The European Commission has this week announced the opening of an investigation into the amended restructuring plan for French carrier Corsair under State Aid rules.

This comes following France informing the body back in September 2023 that they intend on amending the airline’s restructuring plan.

Without further ado, let’s get into it…

European Commission Opens Investigation into Corsair State Aid…

[monsterinsights_popular_posts_inline]

In their statement, the European Commission said the following on the investigation into Corsair:

“In September 2023, France informed the Commission of its plan to amend Corsair’s restructuring plan with the view to allow the airline to refocus its operations and to adapt to the new business environment.”

“France submitted that the business plan underlying the Corsair’s 2020 restructuring plan was based on assumptions which have not been confirmed and that exceptional unforeseeable external events had a particularly unfavourable impact on Corsair.”

“France submitted the detailed amendments to the restructuring plan in December 2023 that include, among others, adjustments to existing financing instruments as well as additional fiscal incentives.”   

“At this stage, on the basis of its preliminary assessment, the Commission needs to carry out a further assessment whether the revised restructuring plan is compatible with EU State aid rules.”

“Therefore, the Commission has decided to open an in-depth investigation to assess, in particular, whether:

• Corsair’s own or market’s contributions to the restructuring costs are sufficient, real, actual and free of any aid; the restructuring aid is proportionate and the State gets appropriate remuneration for its intervention.
• The restructuring plan can restore Corsair’s long-term viability without additional or continued State aid and within a reasonable time period.
• There are appropriate measures in place to limit the distortions of competition created by the restructuring aid on the internal market for air transport services.
• The amendment to Corsair’s restructuring plan would adequately contribute to the development of an economic activity or of the economic area served by the company as claimed in the original restructuring plan.”

“The Commission will now investigate further.”

“The opening of an in-depth investigation gives France and interested third parties, including the alleged beneficiary of the aid, the opportunity to submit comments.”

“It does not prejudge the outcome of the investigation.”

All eyes will be on what comes forward from this.

Click the banner to subscribe to our weekly newsleter.

Click the photo to join our WhatsApp channel so then you can stay up to date with everything going on in the aviation industry!