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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

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

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

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

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

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

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

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