Singapore's transport minister says the aviation industry and regulators should be open-minded to potential SAF feedstocks widely available in Southeast Asia.
EMIRATES GROUP had AED10.1b net profit on AED67.3b for six months ended September 30 vs AED4.2b on AED56.3b a year ago. EMIRATES AIRLINE earned record AED9.4b on AED59.5b vs AED4b on AED50.1b; total capacity increased 25% y-o-y and airline is now operating pax/cargo services to 144 airports, utilizing its entire fleet of 777s and A380s.
IATA reports y-o-y global pax traffic was up 30.1% in September on 28.8% higher capacity; cargo rose 1.9% on 12.1% higher capacity. It says global pax traffic is now at 97.3% of pre-COVID levels (international 93.1%/domestic 105%).
The Budapest-based ULCC says it is extending leases, driving higher utilization and leaning on new deliveries to offset the impact of the GTF groundings.
