//AIRLINES

Delta Air Lines boosts A220 aircraft firm order to 107

Source: Airbus Delta Air Lines has firmed up orders for 12 A220-300 aircraft, bringing Delta’s total firm order for A220s to 107 aircraft - 45 A220-100s and 62 A220-300s. The A220s will be powered by Pratt & Whitney GTF™ engines. “The A220-300 is economical, efficient and delivers superior performance,” said Mahendra Nair, S.V.P. - Fleet & TechOps Supply Chain at Delta. “These additional aircraft in the A220 Family are an excellent investment for our customers and employees and will be fundamental as we work toward a more sustainable future for air travel.” “Delta was the U.S. launch customer for the A220 and it is great to announce this incremental order that demonstrates how satisfied it is with the A220, economically and [...]

2022-07-19T13:42:32+03:00July 19th, 2022|AIRLINES, MANUFACTURERS, News|

Iberia, the most punctual airline in Europe in June

Source: Iberia And the fifth in the world, according to the Cirium consulting firm   Despite the difficulties experienced by most of the European airports where Iberia operates, 81.34% of its flights arrived at their destination on time  Iberia, once again, tops the punctuality podium in June, as confirmed by the international consulting firm Cirium -formerly FlightStats-.   In June, 81.34% of the 13,196 flights operated by Iberia arrived at their destination on time, making it the most punctual European airline. This result reflects the commitment and effort made by Iberia’s teams during a particularly difficult summer, due to the issues faced by some European airports, which are experiencing operational problems and are being forced to reduce and cancel flights. As [...]

2022-07-19T17:41:03+03:00July 19th, 2022|AIRLINES, News|

Airbus, Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic sign Letters of Intent to explore carbon removal solutions for aviation

Source: Airbus Airbus and a number of major airlines – Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic – have signed Letters of Intent (LoI) to explore opportunities for a future supply of carbon removal credits from direct air carbon capture technology. Direct Air Carbon Capture and Storage (DACCS) is a high-potential technology that involves filtering and removing CO2 emissions directly from the air using high powered fans. Once removed from the air, the CO2 is safely and permanently stored in geologic reservoirs. As the aviation industry cannot capture CO2 emissions released into the atmosphere at source, a direct air carbon capture and storage solution would allow the sector to extract the equivalent amount of emissions from [...]

2022-07-19T13:37:09+03:00July 19th, 2022|AIRLINES, MANUFACTURERS, News|

Emirates Flight Catering Opens World’s Largest Vertical Farm in Dubai

Source: Emirates Bustanica has opened the doors to the world’s largest hydroponic farm, backed by an investment of US$40m. The facility is the first vertical farm for Emirates Crop One, the joint venture between Emirates Flight Catering (EKFC), one of the world’s largest catering operations serving more than 100 airlines, and Crop One, an industry leader in technology-driven indoor vertical farming. Located near Al Maktoum International Airport at Dubai World Central, the 330,000sqft facility is geared to produce more than 1,000,000 kilograms of high-quality leafy greens annually, while requiring 95% less water than conventional agriculture. At any point in time, the facility grows in excess of 1m cultivars (plants), which will provide an output of 3,000 kgs per day. Bustanica [...]

2022-07-19T17:57:35+03:00July 19th, 2022|AIRLINES, News|

Delta Air Lines to Modernize Single-Aisle Fleet with Up to 130 Boeing 737 MAX Jets

Source: Boeing Carrier selects largest 737 MAX model, ordering 100 737-10s with options for 30 more jets Boeing single-aisle family provides fuel efficiency, additional flexibility, improved sustainability Boeing and Delta Air Lines today announced the U.S. carrier will modernize its single-aisle fleet with the highly efficient 737 MAX to meet demand as well as its long-term sustainability goals. In a signing ceremony at the Farnborough International Airshow, the companies said Delta is ordering 100 737-10 jets – selecting the largest member of the 737 MAX family – with options for an additional 30 airplanes. "The Boeing 737-10 will be an important addition to Delta's fleet as we shape a more sustainable future for air travel, with an elevated customer experience, [...]

2022-07-20T13:25:08+03:00July 18th, 2022|AIRLINES, MANUFACTURERS, News|

Air Canada – Goldair Partnership to strengthen sales channels in Greece & Cyprus

Source: Goldair Air Canada is pleased to announce the appointment of Goldair Airline Services as its General Sales Agent (GSA) in Greece and Cyprus. This strategic Partnership is planned to increase recognition and to best promote the presence of Air Canada in Greece and Cyprus, mainly focusing on increasing the number of tourists between Greece and Canada and on the optimization of Air Canada’s marine product sales. Air Canada is Canada's largest airline and the largest provider of scheduled passenger services in the Canadian market, the Canada-U.S. transborder market and in the international market to and from Canada. In 2019, it was among the top 20 largest airlines in the world. Air Canada is a founding member of Star Alliance, providing [...]

2022-07-15T17:48:08+03:00July 15th, 2022|AIRLINES, News, SERVICES, SUPPLIERS|

Delta Air Lines announces June quarter 2022 profit

Source: Delta Air Lines Good progress in restoring operational reliability to Delta's leading standards in July Generated double-digit June quarter operating margin Expect double-digit operating margin in September quarter and meaningful full year profitability On track to achieve 2024 targets of over $7 adj. EPS and $4 billion of free cash flow Delta Air Lines on Wednesday reported financial results for the June quarter 2022 and provided its outlook for the September quarter 2022. Highlights of the June quarter 2022 results, including both GAAP and adjusted metrics, can be found below. "I would like to thank our entire team for their outstanding work during a challenging operating environment for the industry as we work to restore our best-in-class reliability. Their [...]

2022-07-15T17:48:36+03:00July 15th, 2022|AIRLINES, News|

Canadian North announces appointment of Michael Rodyniuk as President and Chief Executive Officer

Source: Canadian North The Board of Directors of Bradley Air Services Ltd., which operates as Canadian North Airlines, are pleased to announce the appointment of Michael Rodyniuk as President and Chief Executive Officer of Canadian North, effective today July 15, 2022. Mr. Rodyniuk joins Canadian North with over three decades of widely-respected leadership experience within the airline industry, most recently serving as Vice President, Specialty Assets for Willis Lease Financing Corporation, a leading lessor of aircraft engines and other equipment. He has also served as Chief Executive Officer & President of West Wind Aviation and Chief Executive Officer & President of First Nations-owned Wasaya Airways LP, where he led the delivery of essential passenger and cargo services to remote northern [...]

2022-07-15T17:41:07+03:00July 15th, 2022|AIRLINES, News|

Air France-KLM and Apollo sign a definitive agreement for a EUR 500 million investment into an ad hoc operating affiliate of Air France owning spare engines

Source: Air France-KLM Air France-KLM and Apollo Global Management (NYSE: APO) today announced the signing of a definitive agreement for Apollo-managed funds and entities to make a EUR 500 million investment into an ad hoc operating affiliate of Air France that will own a pool of spare engines dedicated to the airline’s Engineering and Maintenance activities. Under this agreement, Apollo affiliated entities will subscribe to perpetual bonds issued by the ad hoc operating affiliate, which will be accounted as equity under IFRS. The proceeds of the transaction will enable Air France-KLM and Air France to further redeem the French State perpetual bonds, in accordance with article 77 bis of the European Commission’s “Temporary Framework for State aid measures to support the economy in the [...]

2022-07-15T17:43:06+03:00July 15th, 2022|AIRLINES, News, SUPPLIERS|

Sun Country to provide new service to Eau Claire, Wisconsin

Source: Sun Country Airlines Selected by the U.S. Department of Transportation under the Essential Air Service program Sun Country will provide Eau Claire with a total of four weekly round trips per week including two round trips to Minneapolis-St. Paul International Airport Sun Country Airlines (NASDAQ: SNCY) announced that it has been selected by the U.S. Department of Transportation to provide Essential Air Service (EAS) for Chippewa Valley Regional Airport (EAU) in Eau Claire, Wisconsin, beginning in December 2022. Sun Country will provide Eau Claire with a total of four weekly round trips per week including two round trips to Minneapolis-St. Paul International Airport and approximately two round trips per week to Orlando, Las Vegas or Fort Myers adjusted seasonally. Sun [...]

2022-07-15T17:51:17+03:00July 15th, 2022|AIRLINES, News|