Category: News (Page 11 of 138)

Etihad welcomes 2024 with more destinations in India

January 2, 2024 / WIL BALDWIN

Abu Dhabi, UAE – Etihad Airways, the national airline of the United Arab Emirates, has kicked off 2024 by introducing two new services. Daily flights from Abu Dhabi to Kozhikode (CCJ) and Thiruvananthapuram (TRV) in the Kerala region of India that commenced on New Year’s Day.

These non-stop services to each destination bring the total number of Indian gateways served by Etihad to 10, underscoring the airline’s commitment to providing easy access to its expanding global network for guests travelling to and from the Subcontinent.

The introduction of this service enhances accessibility to the picturesque countryside and beaches that Kerala is renowned for, creating increased inbound tourism to the region. Additionally, it streamlines travel for professionals visiting the burgeoning business hubs in the area.

In 2023, the airline reintroduced services to Kolkata, a vital Indian gateway connecting Eastern India to global destinations. Furthermore, the airline has increased the frequencies of flights to Mumbai and Delhi, two of its most popular routes, from two per day to an impressive four flights per day.

For 2024 Etihad has already announced new flights to Boston, USA starting on March 31, to Nairobi, Kenya on May 1, and its exciting summer schedule includes an inaugural non-stop service to Nice, France and direct flights to the Greek isles of Mykonos and Santorini.

Fiery plane crash at Tokyo Haneda Airport kills 5 Coast Guard crew members

January 2, 2024 / WIL BALDWIN

Toulouse, France, January 2, 2023 – Airbus regrets to confirm that an A350-900 operated by Japan Airlines was involved in an accident during flight JAL516 from Sapporo New Chitose Airport to Haneda International Airport shortly after 17:47 (local time) on 02 January 2024. All 367 passengers and 12 crew members on-board evacuated the aircraft.

The A350 collided with a DHC-8 aircraft at landing in Haneda. The Japanese authorities have since confirmed that sadly five of the six people on board the DHC-8 did not survive. The exact circumstances of the event are still unknown. The aircraft involved in the accident, registered under the number JA13XJ, was MSN 538, delivered to Japan Airlines from the production line on 10 November 2021.

In line with International Civil Aviation Organization (ICAO) Annex 13 recommendations, Airbus will provide technical assistance to the Bureau d’Enquêtes et d’Analyses (BEA) of France and to the Japan Transport Safety Board (JTSB) in charge of the investigation. For this purpose, Airbus is presently dispatching a team of specialists to assist the Authorities.

Korean Air CEO says 2024 will be a year of change and innovation

January 1, 2024 / WIL BALDWIN

In a New Year’s message to the Korean Air team, Korean Air Lines Co Ltd (Seoul: 003490) Chairman and CEO, Walter Cho, shared that he expected 2024 to be a big milestone for the aviation industry with various changes and innovations shaping the year. Cho emphasized safety and service, and asked his colleagues for their full support to successfully complete the acquisition of Asiana Airlines in 2024.

In his message, Cho anticipated geopolitical risks, global supply chain disruptions, economic slowdowns and prolonged inflation to persist through 2024. He also expected intensified industry competition in regaining market share, and a slowdown of the lucrative cargo business.

Cho further underscored that Korean Air’s operations hinges on commitment to safety, and encouraged his colleagues to take an active role in cultivating a strong safety culture.

QANTAS receives latest freighter conversion to meet increased demand

January 1, 2024 / WIL BALDWIN

Melbourne, Australia, December 31, 2023 – Qantas Airways Ltd (Sydney: QAN) has received its newest Airbus A330 freighter touching down today. The aircraft departed the fleet following its last commercial passenger flight back in February of this year.

This was the second Qantas aircraft to be converted this year following a freighter delivery this past October into the fleet. The conversions were performed by EFW in Dresden, Germany, a joint venture between Airbus and ST Engineering.

Qantas is also planning to convert another nine aircraft to freighters, bringing the carriers total freighter fleet to 12.

Silk Way West Airlines expands its fleet and cargo capacity

December 30, 2023 / WIL BALDWIN

Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, announces the expansion of its fleet with the addition of two Boeing 777 freighters. This investment comes in response to the increasing demand for air cargo services, and underscores the airline’s commitment to providing efficient and reliable transportation solutions around the world.

These twin-engine aircraft feature the latest innovations in technology and fuel efficiency, enhancing Silk Way West Airlines’ capacity to deliver cargo with speed and reliability. The expanded fleet represents a substantial increase in cargo capacity, allowing the carrier to meet the growing needs of its customers across various industries, including e-commerce, pharmaceuticals, and manufacturing. With the new additions, the airline further strengthens its position as one of leading global air cargo carrier, providing comprehensive coverage and efficient connections between key air cargo markets.

This expansion also reflects Silk Way West Airlines’ commitment to minimizing its environmental footprint. The new aircraft are equipped with advanced eco-friendly technologies, reducing carbon emissions and aligning with ongoing efforts to contribute to a greener aviation industry.

JAL becomes first airline in Japan to register as TNFD adopter

December 29, 2023 / WIL BALDWIN

Tokyo, Japan, December 28, 2023 – Japan Airlines Co., Ltd. (President and Group CEO: Yuji Akasaka) has achieved an important milestone by becoming the first airline in Japan to register as the TNFD Adopter *2, an adopter of the Taskforce on Nature-related Financial Disclosures (TNFD) *1.
In March 2023, JAL participated in the TNFD Forum and in August 2023, became the first airline in Japan to disclose information based on the TNFD recommendations in advance. Moving forward, based on the final recommendations released in September of this year, JAL is committed to further enhancing its disclosure practices and accelerating efforts to realize Nature Positive *3 together with all other early adopters.

Click the link below to read the full story!

JAL TNFD adopter

*1 International initiative that provides a framework for assessing and disclosing information on impacts on the natural environment and biodiversity.

*2 Companies and organizations that have decided to make disclosures based on the final recommendations by fiscal year 2025 or 2026. The registered companies will be announced at the World Economic Forum Annual Meeting (Davos Meeting) in January 2024.

*3 To Stop the loss of biodiversity and put the natural environment on a recovery track.

NYK conducts trial use for full scale introduction of biofuels

December 29, 2023 / WIL BALDWIN

Starting in fiscal 2024, NYK line [Nippon Yusen Kabushiki Kaisha (Tokyo: 9101)] will conduct full-scale trials of long-term use of biofuels*, which are considered to have net-zero CO₂ emissions, in navigating its existing heavy oil-fired vessels. Moving forward from the previous short-term trials, NYK will comprehensively verify the safety and stable procurement of biofuels when used over a long period. Through this trial, NYK will establish a safe navigation system using biofuels and promote biofuel development to achieve the Group’s goal of a 45% reduction in greenhouse gas (GHG) emissions by fiscal 2030 compared to fiscal 2021.

In this trial, NYK will use biofuel continuously for three months on multiple vessel types. After that, NYK will gradually extend biofuel use for a longer period for further validation.

Since fiscal 2019, the NYK Group has conducted short-term biofuel trials on about 10 vessels. While NYK has confirmed the safety of short-term biofuel use, NYK has not verified the impact of biofuels on the ship’s main engine, generator, motor, fuel supply system, etc., and the quality of biofuels after a certain storage period. NYK also needed to ensure the stability of biofuel procurement when used in more vessels.

NYK announced the NYK Group ESG Story 2023 on November 6, declaring a new target to reduce the NYK Group’s GHG emissions by 45%** from the fiscal 2021 level by fiscal 2030. NYK will promote this trial to achieve the goal.

* Biofuels are produced from biological sources (biomass), such as waste cooking oil, and are considered to have net-zero CO₂ emissions during combustion. Biofuels, also usable in heavy oil–fired engines, are one of the critical solutions to reducing GHG emissions during the transition from heavy oil to zero-emission fuels.

** Reduction ratio on absolute corporate emissions for scope 1 and 2.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Delta announces webcast date for December quarter & fiscal year 2023 results

December 29, 2023 / WIL BALDWIN

Atlanta, Georgia, December 29, 2023 – Delta Air Lines Inc (NYSE: DAL) will hold a live conference call and webcast to discuss its December quarter and full year 2023 financial results at 10 a.m. EST, Friday, Jan. 12, 2024.

A live webcast of this event will be available at ir.delta.com. An online replay will be available at the same site shortly after the webcast is complete.

Forward-Looking Statements

Boeing X-37B Orbital Test Vehicle embarks on seventh mission

December 29, 2023 / WIL BALDWIN

Kennedy Space Center, Florida, December 29, 2023, PRNewswire – The Boeing (NYSE: BA) X-37B autonomous spaceplane launched yesterday aboard a SpaceX Falcon Heavy rocket, marking the beginning of its seventh mission.

As it has with every mission, the Orbital Test Vehicle will validate new technologies, fostering innovation and pushing the boundaries of space exploration and utility. On this seventh flight, the X-37B will test future space domain awareness technology experiments that are integral in ensuring safe, stable and secure operations in space for all users of the domain.

Since its inaugural launch in April 2010, the X-37B has consistently set new endurance records, surpassing the initial design mission duration of 270 days. Its sixth mission set a new record with an impressive 908-day journey before returning to Earth in November 2022.

Forward-Looking Statements

Ocean Network Express (ONE) announce new Japan Taiwan Cat Lai service

December 29, 2023 / WIL BALDWIN

Ocean Network Express (ONE) is pleased to announce a newly launch service – Japan Taiwan Cat Lai (JTC) into ONE’s service network.

JTC will provide our customers with new direct connections as well as quicker transit-time with only 4 days from Tokyo to Taipei/Taichung.

The first sailing will commence with the MV INTERASIA PURSUIT V. S060 arriving at Tokyo on the 22nd January 2024 with the following details.

Port Rotation : Tokyo – Yokohama – Taipei – Taichung – Ho Chi Minh
Frequency : Weekly service

For more information, please refer to the attached advisory

Archives