ARC NEWS
Boeing data shows new 787 and Max orders in October
November 12, 2025
Boeing added orders for eight Max jets and seven 787s to its backlog last month, bringing its year-to-date tally to 836 gross orders as of 31 October. That compares with 378 at the same point in 2024. Data from the US airframer shows that the additional single-aisle orders included six from TUI. Boeing has not identified the customers behind the other new sales. BOC Aviation and Air Europa cancelled orders for five and two Max aircraft, respectively. Two orders were returned to the backlog from the ASC 606 accounting category, which is used to recognise that not all orders lead to deliveries. The changes brought net orders in October to 10. Across the first 10 months of the year, 54 orders were cancelled or converted and 65 returned from ASC 606. Hence year-to-date net orders were 847 at 31 October. Boeing maintained delivery momentum in October, handing 53 commercial aircraft to customers. That brought year-to-date deliveries to 493, up from 305 a year earlier. October 2025 deliveries spanned 39 Max jets, one 737NG-based P-8 maritime patrol aircraft, four 767s (two freighters and two tankers), seven 787s and two 777 Freighters. Boeing had delivered 41 737s and 14 widebodies in September. Year on year, deliveries increased 64% in that month and near-quadrupled in October. Production rates had been cut last year amid quality and safety issues and industrial action between September and November.


ANA to issue $1.3bn hybrids to help fund aircraft purchases
November 12, 2025
ANA Holdings will issue Y200 billion ($1.3 billion) worth of 'bond-type class shares' through a domestic public offering, with half allocated to funding its aircraft purchases. The securities, which will list on the Tokyo Stock Exchange, are expected to price at 3.5-4% until March 2031, after which they will revert to a floating rate equal to the one-year JGB rate plus a spread to be determined at pricing. Pricing is expected to take place between 21 and 26 November, with subscriptions to start on the next business day and run until 11 December. ANA states that the hybrids will enable it to raise funds without diluting voting rights of its shareholders, while allowing half the funds to be credited as equity by credit ratings agencies. "They are a new financing option that enable us to realise balance sheet management as 'Second Capital' without dilution," it adds. It anticipates net proceeds of Y194 billion, with Y100 billion to be deployed on aircraft purchases by the end of March 2027. These include Boeing 787s, 777-9s, 737 Max 8s and Airbus A320neos and A321neos. ANA announced in February plans to order up to 77 jets from Boeing, Airbus and Embraer as part of a strategy aimed at capturing demand for travel between Asia and North America, as well as changes in the domestic demand environment. The remaining amount will be used to repurchase treasury stock and optimise its capital structure, along with Y56 billion of liquidity it already has on hand.


Hong Kong Airlines to return to Hanoi in December
November 11, 2025
Hong Kong Airlines will start daily flights to Hanoi from 19 December, a route it last served in February 2020. The carrier's executive vice president Li Dianchun says the new route will help cater to rapid growth in Vietnam's tourism market. "Building on our successful experience operating the Da Nang route, we are even more confident in the potential of the Vietnamese market. We look forward to deepening our presence in Vietnam and offering passengers more convenient and efficient travel options," he adds. Schedules data shows that Hong Kong Airlines will be the fourth operator on the route after Cathay Pacific, HK Express and Vietnam Airlines.


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