Aviation Daily Roundup: May 09, 2022

KLM, Edmonton Airport To Further Sustainability Collaboration

KLM and Edmonton International Airport (YEG) have signed an agreement to collaborate further on sustainability initiatives.

Breeze Airways To Enter Provo, Utah Market

One-year-old U.S. startup Breeze Airways will launch service from Utah’s Provo Airport (PVU) in August and plans to be flying five routes from the airport by November.

Tallahassee Airport Eyes Traffic Boost As $28M Expansion Begins

An infrastructure project that seeks to position Tallahassee International (TLH) as the international gateway to northwest Florida is getting underway this month.

Emirates To Install Premium Economy Cabin On 120 Aircraft

Emirates Airline plans to add its premium economy product on 120 of its widebody aircraft, building on the six A380s which are already equipped with the new cabin.

Australia’s Rex Plans New Moves To Enhance Jet Operations

Australian carrier Rex is preparing to take important steps in its efforts to expand its services and compete more directly with its larger rivals in Australia’s domestic market.

Nigerian Airlines Call Off Plans To Ground Domestic Flights

A group of Nigerian airlines has called off plans to halt all domestic services because of spiraling fuel prices.

Lufthansa Places Orders For More 787-9s, 777Fs, 777-8Fs

Lufthansa has decided to order an additional 10 Boeing widebody freighters for its subsidiary Lufthansa Cargo and is also adding to its 787-9 orderbook as the airline juggles the impact of the further delay in the 777-9 program.

Air Lease Corporation Remains Bullish Despite Russian Write-Offs

Air Lease Corporation blamed more than $800 million in write-offs related to Russian aircraft seizures for a net loss in the 2022 first quarter (Q1), but executives believe the outlook for lessors remains robust for the summer and rest of the year.

Azul Predicts Record Revenue In Second Quarter

Brazilian carrier Azul is posting record bookings and fares, resulting in the airline predicting a 20% jump in unit revenue compared with pre-pandemic levels in the 2022 second quarter.

Magellan Aerospace Sees Increased Headwinds In First Quarter

Canadian aerostructures and spacecraft sub-tier provider Magellan Aerospace saw almost 7% greater revenue during the first quarter of 2022 over the year-before period.

KLM & Edmonton Airport to further their sustainability collaboration, Lufthansa places orders for more 787-9s, 777Fs, 777-8Fs and more. Take a look at the daily roundup of air transport news.

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