Source: ACG Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the second of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS. Forward Looking Statements This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon ACG’s current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any [...]

Source: Neste Finnair has purchased 750 tons of Neste MY Sustainable Aviation Fuel™ from Neste to reduce the carbon emissions from flights departing from Helsinki Airport in Finland. Sustainable aviation fuel (SAF) is one of the most important tools for reducing the emissions of air travel in the coming years and is available for all airlines at Helsinki Airport. Finnair aims to achieve carbon neutrality by 2045, and the use of sustainable aviation fuel is an important tool in this regard. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuel’s life cycle compared to using fossil jet fuel. The fuel volume now purchased is Finnair's single largest batch of sustainable aviation fuel purchased [...]

Source: SITA Automating the repatriation of bags is faster than ever before despite staffing shortages SITA and Lufthansa have joined forces to explore ways to reduce mishandled baggage costs and improve the passenger experience by digitally automating baggage re-flight operations. Mishandled baggage between two flight connections is a major pain point for the industry, costing it billions of dollars each year. The ability to address the issue of staff shortages and baggage mishandling is of paramount importance post-pandemic. Aviation lost around 2.3 million jobs during COVID, while recording US$2.2 billion in the cost of mishandled baggage in 2022 – including over 4 million bags mishandled during transfer. SITA’s WorldTracer Auto Reflight reflights bags digitally, without any human intervention, reducing cost [...]

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 [...]