Air Transport

INVESTEC BANK acquired an A320-200 and A321-200 (leased to VUELING) with CFM56s from Pembroke.
Air Transport

Colin Currie to Chief Commercial Officer of AirAsia Group, Malaysia.
Air Transport

SOUTHWEST signed 15-year agreement with Velocys Renewables to purchase 219m gallons of SAF (from Velocys Bayou Fuels facility in Natchez, MS) starting
Air Transport

ITA

ITA, Brazil leased ex-Hi Fly Malta A319-100 (3689) with CFM56s from Avolon.
Air Transport

AIR CANADA signed MOU with Carbon Engineering to collaborate on potential opportunities in how CE's proprietary Direct Air Capture (DAC) technology
Air Transport

By Helen Massy-Beresford
Emirates Group said its fiscal first-half (H1) loss narrowed to AED5.7 billion ($1.5 billion), down from AED14.1 billion in the same period a year earlier, as easing travel restrictions underpinned the recovery.
Airlines & Lessors

AERCAP had $434m net income on $1.5b revenues in 3Q21 vs $850m loss on $1b in 3Q20; lease rent revenue dropped 6%.
Air Transport

By Helen Massy-Beresford
Lufthansa Group has raised €1.5 billion ($1.7 billion) in its latest corporate bond issue to improve liquidity and refinance existing debt.
Airlines & Lessors

By Graham Warwick
Norwegian regional airline Wideroe is continuing its journey toward introducing zero-emissions aircraft, signing an agreement with Embraer’s Eve subsidiary to study electric vertical takeoff and landing operations in Scandinavia.
Advanced Air Mobility

By Chen Chuanren
Boeing is bullish about sustained freighter demand in the Asia-Pacific (APAC) region, even as commercial aviation recovers.
Airlines & Lessors

By Wesley Charnock
Bonza Airline CEO Tim Jordan tells the Aviation Week Network about the new LCC's plans to stimulate point-to-point routes.
Airlines & Lessors

By Aaron Karp
The carriers said all their future flights between China and Qatar would be part of the codeshare accord.
Airlines & Lessors

By Helen Massy-Beresford
“This new agreement is another important step towards achieving our goal of 10% sustainable aviation fuel use by 2030,” IAG CEO Luis Gallego said.
Airlines & Lessors

Etihad Airways has entered a new partnership with Microsoft, leveraging its latest tools and technologies to advance its sustainability goals.
Air Transport

Astral Aviation has signed an operating lease for three B757-200 freighters with Aquila Air Capital.
Air Transport

ACIA Aero Leasing is seeking proposals through an RFP for up to 30 additional aircraft to expand its fleet.
Air Transport

By Mark Pilling
In this edition of Insight we are delighted to welcome to the programme His Excellency Ibrahim Al-Omar, the Director General of Saudi Arabian Airlines Corporation.
Air Transport

By Helen Massy-Beresford
The end-of-year peak season is highlighting the challenges the air cargo business has faced since early on in the pandemic.
Airlines & Lessors

By Sean Broderick, Daniel Williams
De Havilland Aircraft of Canada Ltd. will complete the few remaining Dash 8-400s under production at its Toronto facility before pausing production to review “future opportunities.”
Aircraft & Propulsion

By Graham Warwick
Two Airbus A350s arrived at Canada’s Montreal-Trudeau International Airport on Nov. 9 having avoided emitting more than 6 metric tons of CO2 by flying in geese-like formation across the Atlantic from Toulouse.
Sustainability

SMARTWINGS secured winter season wet-lease contracts for nine 737-800s from ISRAIR (5), ARKIA (1) and SWIFT AIR (3).
Air Transport

US DOT says US scheduled airlines employed 718,407 workers in September 2021, down 3.3% vs September 2019.
Air Transport

BOEING booked order from an unidentified customer for eight 737 MAXs; it has to date booked 720 orders (373 net) in 2021.
Air Transport

FINNAIR says it plans to serve ~100 destinations in Asia, US and Europe during summer 2022 (begins March 27), including new long-haul routes out of
Air Transport

GE

GE announced plan to form three independently-run, global public companies by spinning-off its Healthcare business in 1H23 and its Renewable Energy
Air Transport