Aviation Daily Roundup: March. 9, 2023

The discretionary part of FAA’s budget would rise 5% to $16.5 billion in fiscal 2024 compared to the current year’s enacted figure of $15.7 billion under the White House’s initial budget request, bolstered by proposed double-digit boost in Facilities and Equipment (F&E).

Europe’s three major full-service-carrier airline groups have shown net profits for a third consecutive quarter; each ended 2022 posting full-year profits.

The CEO of Ferrovial Vertiports has called for an industry-wide pivot to focus on building out an ecosystem of infrastructure and services to accommodate the expected arrival of electric vertical takeoff and landing (eVTOL) vehicles by the middle of the decade.

All Nippon Airways (ANA) has revealed new details about the launch and product offering of its proposed subsidiary carrier AirJapan.

Taiwan’s Mainland Affairs Council said it will reinstate scheduled flights between the island and 10 other mainland Chinese cities as an act of goodwill. 

Japanese petroleum company Idemitsu Kosan has formed a joint venture (JV) to study planting pongamia trees in Australia for carbon fixation, but also as a source of non-edible oil for the production of sustainable aviation fuel (SAF). 

Turkish LCC Pegasus Airlines plans to increase capacity by approximately 20% in 2023, supported by the new aircraft deliveries to its fleet. 

Brazilian LCC GOL is cutting its planned capacity growth in 2023 to manage supply chain constraints. 

Cargojet is deferring capital expenditures by approximately $400 million, largely involving four Boeing 777-300s. 

Key global air transport safety metrics improved in 2022 compared to rolling five-year averages despite facing new risks created by the recent downturn and subsequent recovery, the latest International Air Transport Association (IATA) annual safety report shows.