Airbus likely to miss 2022 delivery target but reaffirms financial guidance

©Airbus

Airbus has admitted that owing to a complex operating environment at the moment, it is likely to miss its targeted delivery of “around 700” commercial aircraft this year, albeit marginally. This month its deliveries totalled 68 units, bringing the total deliveries for the year to 565 aircraft. For 2023 and 2024 the European planemaker anticipates delivering 65 units per month, and is targeting a ramp-up to 75 unit by 2025. In the meantime, Airbus has not changed its guidance presented with the nine-month 2022 results, which basically means guidance for EBIT Adjusted and Free Cash Flow before M&A and Customer Read more

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IATA provides economic outlook and state of the industry

©AirTeamImages

The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022.  In 2023, airlines are expected to post a small net profit of US$4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were US$26.4 billion (3.1% net profit margin).  In 2022, airline net losses are expected to be US$6.9 billion (an improvement on the US$9.7 billion loss for 2022 in IATA’s June outlook). This is significantly Read more

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Air France-KLM and TotalEnergies sign MOU for delivery of sustainable aviation fuel

Air France-KLM and TotalEnergies signing of MOU ©Air France-KLM

Air France-KLM and TotalEnergies have signed a Memorandum of Understanding (MoU) that will see TotalEnergies deliver more than one million cubic metres or 800,000 tonnes of Sustainable Aviation Fuel (SAF) to Air France-KLM Group airlines over a ten-year period, starting in 2023. This SAF will be produced by TotalEnergies at its biorefineries and will be made available to the Air France-KLM Group’s airlines, mainly for flights departing from France (in accordance with French legislation) and the Netherlands. Air France-KLM has implemented a strict sourcing policy and is committed to procuring only SAF fuels that do not compete with human food Read more

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Air bp expands safe2go fuel data platform to 18 airports in Greece

Air bp, the international aviation fuel products and services supplier, is expanding the reach of its innovative safe2go fuel data platform (previously known as Airfield Automation) by marketing to fuel operators at non-Air bp operated locations. The safe2go fuel data platform consists of several digital solutions that provide efficiencies to the refuelling process, both on the ground and at back office – one of these being the safe2go fuelling app, a bp-patented mis-fuel prevention technology to help significantly reduce the risk of into-plane misfuelling. Air bp’s proprietary safe2go fuel data platform has been deployed at 18 airports in Greece via Greek Read more

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JetBlue and Fidelis New Energy sign agreement for 92 million gallons of SAF

©JetBlue

JetBlue has confirmed that it has signed a memorandum of understanding (MOU) with Fidelis New Energy (Fidelis) to provide JetBlue with at least 92 million gallons of blended sustainable aviation fuel (SAF) from Fidelis’ Grön Fuels GigaSystem™ at the Port of Greater Baton Rouge in Louisiana. This SAF is expected to be delivered over a five-year term with a targeted start date of 2025. Designed to be the largest and highest-efficiency purpose-built renewable fuels facility in North America, the Grön Fuels GigaSystem will produce an estimated 1 billion gallons per year (65,000 barrels per day) of sustainable aviation fuel, renewable diesel and other low Read more

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Alaska Airlines to launch electronic bag tag programme

©Alaska Airlines becomes the first U.S. airline to launch the electronic bag tag programme

Alaska Airlines became the first airline in the United States to launch an electronic bag tag programme, which will enable guests to tag their own luggage through the airline’s mobile app before they even reach the airport. Last week 2,500 Alaska Mileage Plan members began receiving their electronic bag tag. Those elite-status members included in the first wave of the programme were guests who have travelled in the last 12 months, checked-in at least one bag and who were among the first to register to use the device. The three-by-five-inch devices are updated with a guest’s flight information through the Read more

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Skyports and Corporación América Airports to develop vertiports in Latin America

©Skyports/CAAP

Skyports Infrastructure, a leading Advanced Air Mobility (AAM) infrastructure provider, and private airport operator Corporación América Airports S.A (CAAP), have signed a memorandum of understanding (MOU) to plan the development and deployment of vertiport infrastructure for electric vertical take-off and landing (eVTOL) operations. Skyports and CAAP will combine their distinct industry and technical expertise to share best practices for vertiport design concepts in markets of mutual interest. The collaboration will involve developing vertiport networks and operations for relevant use cases and detailed planning for the deployment of permanent vertiport infrastructure. As part of these efforts, the companies will evaluate which Read more

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Airbus and Neste sign MOU on sustainable aviation fuel development

©Airbus and Neste join forces on SAF development

Airbus and Neste, a world-leading producer of renewable fuels, have signed a Memorandum of Understanding (MOU) to jointly advance the production and uptake of sustainable aviation fuel (SAF). Both parties share a vision that SAF is a key solution to helping reduce greenhouse gas emissions of air travel. This collaboration aims to accelerate the aviation sector’s transition to SAF. Neste and Airbus recognize that one of the biggest challenges in accelerating SAF use is the ramp-up of SAF production. This collaboration is laying the foundation for both Airbus and Neste to drive SAF development across the global aviation industry. It Read more

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DSV becomes Etihad’s first cargo partner to purchase sustainable aviation fuel to offset carbon emissions

©Etihad Cargo NetZero

Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has announced that DSV Global Transport and Logistics has become the carrier’s first partner to purchase sustainable aviation fuel (SAF) to offset the carbon emissions of its cargo shipment. Via the book and claim system, Etihad Cargo facilitated DSV’s SAF purchase, enabling the transport and logistics provider to offset CO2 emissions and reduce non-CO2 climate impact. Etihad Cargo transported DSV’s cargo shipment from Washington Dulles to Abu Dhabi on Etihad’s first transatlantic NetZero flight on November 13. Etihad’s Boeing 787 “Greenliner” combined SAF with contrail prevention technology from its Read more

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Eve signs LOI with first vertiport operator partner Bluenest by Globalvia

Rendering of Bluenest vertiport ©Embraer

Eve Air Mobility (Eve) has signed a Letter of Intent (LOI) with Bluenest, a company powered by Globalvia dedicated to innovation in advanced air mobility with a focus on vertiport infrastructure, to supply Eve’s Urban Air Traffic Management (UATM) software solution in support of future Vertiport Automation Systems. As part of the agreement, the companies will jointly study the use of the software for Urban Air Mobility (UAM) operations by developing an operational model in specific regions and missions according to Bluenest’s needs.   Eve’s UATM software is an agnostic solution aiming to maximize vertiports’ efficiency and ensure high-resource utilization as Read more

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