NEW AIRLINE - Global Airlines buys three more A380s

Global Airlines has bought three more A380-800s ahead of its planned spring 2024 launch as a premium transatlantic carrier.

The start-up did not disclose the identity of the three aircraft and did not respond to ch-aviation's request for comment. Global Airlines' first A380 was acquired from Doric Asset Finance. The ch-aviation fleets ownership module shows the lessor owns a further 17 of the type, including one stored and 16 still placed with Emirates (EK, Dubai International).

"As I've always said, the A380 is the best aircraft in the sky, and we will continue to look for further acquisition opportunities," Founder and Chief Executive James Asquith said.

While the airline has yet to reveal its exact business plan, it plans to focus on the UK-US transatlantic market. Asquith told ch-aviation that announcements would be forthcoming shortly, adding that the start-up has been preparing to launch for two years already. At this point, however, he did not disclose whether the airline would seek its own AOC or use a production partner.

CH Aviation

 

NEW AIRLINE - Global Airlines(UK) Has Acquired An Airbus A380

Global Airlines grabbed the headlines as the week started after the United Kingdom-based carrier announced that it had purchased an A380. That’s right - bought - not leased! While it seems like a significant risk to acquire such a behemoth during this sensitive climate of the air travel market, the startup is confident about soaring high with the aircraft.

It plans to conduct transatlantic service from London by the spring of next year. By deploying the A380 to the United States, it will be the first new airline to take on the type outright in eight years. All in all, there has been a positive twist of fate for the aircraft in recent months.

Global Airlines founder and chief executive James Asquith shared the following about his company's plans:

“Acquiring our aircraft rather than leasing showcases our commitment to financial security and resilience from day one.. Acquiring our aircraft rather than leasing showcases our commitment to financial security and resilience from day one.”

Against the grain

While Global Airlines didn't share how much the plane was purchased for, it noted that the unit is from German aircraft finance business Doric Aviation. The next stage is to overhaul and refit the A380 to what the company calls its high specification. Overall, the firm is determined to provide passengers with “the best experience in the sky today.”

Sibylle Paehler, Managing Partner at Doric has since shared the following about the purchase:

"We are delighted to have worked with James and the team on the acquisition of their first Global Airlines aircraft. Contrary to popular belief, the A380 is widely recognised as the best way to fly, offering unparalleled comfort and features that lead to a unique travel experience. We are proud to have placed this beautiful modern aircraft with a new airline that will soon take to the skies. We are confident that Global Airlines will acquire more A380 aircraft in the near future."

It may be a brave move to entrust the A380 to kickstart operations in this era. After all, airlines have been phasing out the plane out in favor of more efficient and sustainable twinjet options. Even narrowbodies are increasing in popularity across the Atlantic Ocean, let alone quadjet widebodies.

Photo: Global Airlines 

Simple flying