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So far Jeff Peet has created 13501 blog entries.

Boeing Forecasts Resiliency and Increased Growth for Aircraft Finance

Source: Boeing 2023 commercial aircraft financing to reach near pre-pandemic levels 100% of commercial deliveries funded by third parties for the past three years Boeing today released the 2023 Commercial Aircraft Finance Market Outlook (CAFMO) showing another year of recovery and increased demand from aircraft financiers and investors. "With production and delivery increases and the reopening of certain regional markets, we forecast aircraft financing needs to reach near pre-pandemic levels in 2023," said Rich Hammond, vice president of Customer Finance at Boeing. "This positive trend reaffirms that our industry's fundamentals are strong and aircraft financiers and investors are well positioned as travel continues to recover." The 2023 CAFMO is Boeing's annual review of aircraft financing trends and assesses near-term market dynamics [...]

2023-03-15T17:13:33+02:00March 15th, 2023|MANUFACTURERS, News|

ICAO issues call for Advanced Air Mobility infrastructure and global harmonization solutions

Source: ICAO ICAO has issued a new request for information (RFI) to public and private-sector innovators in support of its upcoming 2023 DRONE ENABLE Symposium. The RFI is issued annually to elicit new concepts and solutions to advance next generation global standards for cutting-edge unmanned aircraft systems (UAS), UAS traffic management (UTM), and advanced air mobility (AAM), with a focus on infrastructure requirements for this year. “This year’s edition of DRONE ENABLE, focuses on the infrastructure solutions which will be needed to support these new types of aircraft and air services as they begin to be used for communities and economies all over the world,” stated ICAO Council President Salvatore Sciacchitano. The deadline for the RFI submissions is 19 May [...]

2023-03-15T18:05:44+02:00March 15th, 2023|News, ORGANISATIONS|

Air Canada to Launch New Montreal-Amsterdam Summer Flights

Source: Air Canada Five weekly flights to operate from June 2 until Oct. 14, 2023 Timed to optimize North American connectivity through Air Canada's Montreal global hub Complements year-round Toronto-Amsterdam service Air Canada today announced the addition of new, non-stop seasonal flights between Montreal and Amsterdam for this summer. Flights will operate five-times weekly with the airline's state-of-the-art Boeing 787 Dreamliner aircraft, and conveniently link to and from Air Canada's extensive North American network at its Montreal global hub. Seats are available for sale now via aircanada.com, the Air Canada App, Air Canada's Contact Centres, and through travel agencies. "We continue to see strong demand for travel to Europe and we are thrilled to increase service and add new, non-stop service between Montreal and Amsterdam for summer 2023, complementing our year-round service between Toronto and the Dutch capital. With [...]

2023-03-15T17:30:25+02:00March 15th, 2023|AIRLINES, News|

JetBlue and Shell Aviation Announce Agreement Bringing New Supply of SAF to LAX

Source: JetBlue JetBlue and Shell Aviation today announced a new collaboration bringing additional supply of sustainable aviation fuel (SAF) to Los Angeles International Airport (LAX), targeting commencement of delivery in the first half of 2023. Within the terms of the agreement, JetBlue is expected to take delivery of 10,000,000 gallons of blended SAF at LAX over the next two years and an option to purchase up to 5,000,000 gallons more in the third year, either at LAX or other airports in JetBlue’s network. SAF is a type of renewable fuel that exists today that drops directly into existing aircraft and infrastructure with no impact to safety or performance. SAF can be produced from a wide array of renewable sources such [...]

2023-03-14T20:56:37+02:00March 15th, 2023|AIRLINES, News, SUPPLIERS|

Air France, N°1 for costumer relations in the Transport Category

Source: Air France On 14 March 2023, Air France was awarded first prize at the Customer Relations Awards® 2023 in the Transport category for the 8th year running. Organized by BearingPoint and Kantar, this ranking* truly reflects the voice of French customers. Since 2003, the Customer Relations Awards® has been rewarding major company brands who provide an outstanding service to customers on a daily basis. 11 sectors of activity – including transport – are evaluated on common performance criteria. For each company, the surveyed customers are invited to give their opinion on 15 criteria that structure customer relations. These criteria are examined from 3 angles – quality of execution, capacity for creating a bond and for creating a positive emotion. Air France continues [...]

2023-03-15T18:05:07+02:00March 14th, 2023|AIRLINES, News|

MIA partner NewsLink Group earns top retailer award

Source: MIA NewsLink was chosen from nominees across North American airports by an awards committee consisting of more than 20 industry executives who judged concessionaires on customer service, presentation, management, and operational execution.  "Congratulations to our business partners at NewsLink for earning rave reviews from the travel experts at Airport Experience News for providing our customers the finest, most diverse airport shopping in the country. I'm proud to see a local business such as NewsLink gain national recognition, while our airport continues to grow as one of the most visited in the country. We are building a strong economy by supporting local businesses, and this shows how much our own businesses can grow when they have all the tools to [...]

2023-03-15T17:40:27+02:00March 14th, 2023|AIRPORTS, News|

ITA Airways increases connections from Brazil to Italy

Source: ITA Airways ITA Airways is enhancing its São Paolo – Rome Fiumicino direct flight to meet the expected increase in demand. Starting from August 2023, the Company will add 4 weekly frequencies to its daily connections between Brazil and Italy. ITA Airways' new frequencies from São Paulo will be operated with the Airbus A330, departing on Monday, Tuesday Thursday, and Sunday at 7:00 pm and landing at Rome Fiumicino at 11:45 am, local time. New flights from Rome will be operated departing at 9:40 am and arriving in São Paulo at 5:00 pm, local time on Monday, Tuesday Thursday, and Sunday. The introduction of additional frequencies in the direct connection from São Paolo to Rome Fiumicino is further evidence [...]

2023-03-15T18:02:15+02:00March 14th, 2023|AIRLINES, News|

Recovery Continues: Fraport’s 2022 Fiscal Year Marked by Strong Demand

Source: Fraport Group result improves to €166.6 million – CEO Schulte expects continued traffic growth during summer by about 15 to 25 percent – Tighter climate targets for 2030: Fraport aims to cut carbon emissions by 78 percent compared to 1990 base-year Fraport AG’s business performance improved significantly in fiscal year 2022 (ending Dec 31). In the wake of the ending Covid pandemic and the gradual lifting of travel restrictions during 2022, high travel demand boosted all of the Group’s key financial figures. The Group result (or net profit) climbed by 81.5 percent year-on-year to €166.6 million, surpassing Fraport’s own guidance set at the start of the year. Dr. Stefan Schulte, Fraport’s CEO, said: "We’re moving in the right direction. [...]

2023-03-15T18:11:44+02:00March 14th, 2023|AIRPORTS, News|

LATAM adds a new freighter plane and increases number of destinations in Brazil and Colombia

Source: LATAM LATAM group delivered the news on its operation for the coming weeks, highlighting the following routes: São Paulo/Guarulhos - Passo Fundo, operated by LATAM Airlines Brazil, with daily flights starting on March 28. Bogota and Riohacha, operated by LATAM Airlines Colombia, with daily flights starting on March 28. At the same time, LATAM Cargo received its 17th aircraft. It is a Boeing 767-300 converted from the passenger fleet and will reinforce its global fleet. Operational Statistics for February 2023 In February 2023, passenger traffic (measured in revenue passenger-kilometers - RPK) grew 28.6% compared to the same period in 2022, and operations measured in ASK (available seat-kilometers) increased 25.3%. This implied that the load factor increased 2.1 percentage points, [...]

2023-03-17T14:22:00+02:00March 14th, 2023|AIRLINES, News|

Emirates ramps up operations across continents

Source: Emirates Emirates has boosted operations by 31% (total ASKMs) since the start of its financial year and has further plans to ramp up seat capacity in its latest published northern summer schedule starting 26 March 2023. In the past months, the airline has planned and executed the rapid growth of its network operations - reintroducing services to 5 cities; launching flights to 1 new destination (Tel Aviv), adding 251 weekly flights onto existing routes; and continuing the roll-out of service enhancements in the air and on the ground. Adnan Kazim, Emirates’ Chief Commercial Officer said: “Emirates continues to expand its global network and deploy its capacity to meet travel demand across the world. Our financial year started relatively quietly as [...]

2023-03-14T19:54:42+02:00March 14th, 2023|AIRLINES, News|