Category: Oil Gas News (Page 3 of 4)

Fiji Airways Marks Significant Sustainability Milestone

September 4, 2023 / WIL BALDWIN

Fiji Airways, Fiji’s National Airline, is proud to announce a significant milestone on our journey towards a more sustainable future for aviation.

Today, Fiji Airways’ newest Airbus A350-900 XWB aircraft, named the Island of Vatulele, arrived into Nadi, Fiji from Singapore, having flown the entire 8,520 km journey powered by a Sustainable Aviation Fuel (SAF) blend.

This is the first time ever that Fiji Airways has operated a flight using a SAF blend.

Mr. Andre Viljoen, Fiji Airways Managing Director and CEO, said that this inaugural SAF blend – powered flight demonstrates Fiji Airways’ commitment to reducing its carbon footprint and ensuring a sustainable future for aviation.

Embraer E195-E2 granted type certification in China

August 23, 2023 / WIL BALDWIN

Beijing, China, August 23rd, 2023 – Embraer (NYSE: ERJ) E195-E2, the largest member of the E-Jet family, has been granted its Type Certificate by the Civil Aviation Administration of China (CAAC). This follows the certification of the E190-E2 received from CAAC in November last year, during the Zhuhai Air Show.

According to Embraer’s latest 20-Year Market Outlook published in June, Asia Pacific including China is expected to show a strong growth rate, increasing its RPKs by 4.4% annually over the next 20 years. The need for flexibility, complementing narrow-body aircraft, is driving demand in the up-to-150-seat segment in China.

Last year in November, Embraer E195-E2 ‘TechLion’ visited China and made its debut at the Zhuhai Airshow, exhibiting its capabilities to China’s aerospace leaders, including the outstanding performance, minimal noise and emissions, and low operation costs.

The E195-E2 entered into service in 2019 with Azul. As the largest member of the E-Jet family, E195-E2 accommodates between 120 and 146 passengers. It is the most fuel-efficient single aisle aircraft flying today, delivering 25% better fuel efficiency per seat, compared to previous generation E-Jets.

In June 2022, the E195-E2 was successfully tested on 100% SAF, confirming that the E-Jets E2 family can fly with blends of up to 100% SAF without any compromise to safety or performance. Today, the E2 emits 25% fewer CO2 emissions compared to previous generation aircraft; this reduction can be increased to 85% with SAF.

Lufthansa and HCS Group sign Letter of Intent on production & supply of Sustainable Aviation Fuel Made in Germany

August 1, 2023 / WIL BALDWIN

The Lufthansa Group (OTC: DLAKY) and the HCS Group have signed a Letter of Intent (LoI) to partner on the production and supply of Sustainable Aviation Fuel (SAF). From the beginning of 2026, the HCS Group could supply the Lufthansa Group with SAF produced in the so-called Alcohol-to-Jet (AtJ) technology. The SAF, made from biogenic residues from agriculture and forestry, will be produced at the HCS Group production site in Speyer, operated by Haltermann Carless. SAF is a key element for more sustainable flying and thus for decarbonization in aviation.

With its engagement in the HCS Group the Lufthansa Group could support SAF ‘Made in Germany’, compliant with Europe’s Renewable Energy Directive RED II. The production site is logistically favorably located near the Lufthansa Group’s Frankfurt hub. The HCS Group offers sustainable hydrocarbon solutions to its customers. With the planned initial production volume of 60,000 metric tons of SAF per year, the chemical company aims to become the first large-scale producer of biogenic SAF in Germany.

The LoI with the HCS Group underpins the Lufthansa Group’s goal of driving forward the market ramp-up and use of Sustainable Aviation Fuels as a core element of its sustainability strategy. Today, the Lufthansa Group is one of the five largest SAF customers worldwide and is investing up to USD 250 million in the procurement of SAF for the coming years. In addition, the Lufthansa Group is working on numerous projects worldwide to increase SAF availability and is continuously examining further options for long-term purchase agreements.

Finnair redeems its hybrid bond issued in 2020

August 1, 2023 / WIL BALDWIN

Finnair Plc (OTC: FNNNF) announces that it will exercise its right to redeem its EUR 200 million capital securities issued on 3 September 2020 (ISIN: FI4000441860) (the “Capital Securities“).

The Capital Securities will be redeemed in full on 1 September 2023 (the “Redemption Date“) in accordance with the terms and conditions of the Capital Securities. On the Redemption Date, the Company will pay to the holders of Capital Securities a redemption price equal to the principal amount of the note together with any accrued interest to, but excluding, the Redemption Date.

This notice of redemption is irrevocable and is given to the calculation agent and holders of the Capital Securities in accordance with the terms and conditions of the Capital Securities.

First Japan SAF Helicopter Flight with H215

June 1, 2022 / WIL BALDWIN

Tokyo, Japan June 1, 2022 – Airbus Helicopters in Japan and Japan’s leading helicopter operator Nakanihon Air (NNK) have jointly performed the country’s first ever helicopter flight powered with sustainable aviation fuel (SAF). NNK’s H215 helicopter conducted a 30-minute flight at Nagoya Airport in Aichi Prefecture today.

The aircraft was fueled with 600 litres of “SUSTEO 10”, a renewable jet fuel produced by Japan’s first biofuel manufacturer Euglena, which has met the specifications of both international and Japanese standards of diesel fuels ASTM D1655 and JIS K 2204 respectively. SUSTEO contains 10% of SAF mixed with Jet A-1.

The twin-engine, heavy-lift H215 is a member of the Super Puma helicopter family, known for its high availability rate, performance, and competitive operating cost.

Today, all Airbus helicopters are certified to fly with up to a 50% blend of SAF mixed with kerosene, with the aim to reach 100% SAF in coordination with engine manufacturers. An Airbus H225 performed the first ever helicopter flight with 100% SAF powering one of the Safran Makila 2 engines in 2021. Helicopter operations with 100% SAF would translate to a reduction of 80% of CO2 emissions.

Airbus Helicopters has launched a SAF User Group dedicated to the rotary-wing community, in a bid to drive the deployment of biofuels. The company has also started using SAF for training and test flights at its French and German sites.

Air New Zealand Receives 1,600th ATR Aircraft Delivery

December 27, 2021 / WIL BALDWIN

Toulouse, France – In the same month as it celebrated its 40 year anniversary, ATR has reached another impressive milestone in its history, delivering its 1,600th aircraft to national flag carrier, Air New Zealand (OTC: ANZLY). This delivery highlights the enduring strength of the ATR program, providing essential connectivity to communities all over the world. It also proves the value of the ATR 72-600 at serving domestic routes in New Zealand as it is the last of 29 aircraft ordered.

While ties between the two companies initially began some 25 years ago with the delivery of first generation ATR’s, this last decade has seen the forging of closer ties, with the delivery of the 29 dash 600 aircraft and through an important collaboration that enhanced the aircraft’s approach capabilities.

The introduction of the RNP AR 0.3/0.3 feature, part of ATR’s latest Standard 3 avionics suite, helped the airline and its pilots with the accuracy of the approach into Queenstown airport and providing reliable connectivity to the local community, who benefit greatly from ski tourism in the mountainous region.

Sustainability is also a key concern for both airline and manufacturer, with Air New Zealand having chosen the ATR 72-600 for its fleet as it burns 40% less fuel and emits 40% less CO2 than a similarly sized regional jet. This shared commitment to further enhancing eco-efficiency led to an agreement to work together to explore the future of the regional aviation ecosystem, including hybrid aircraft in 2018.

Southwest Airlines Announces 15 Year Agreement for Sustainable Aviation Fuel

November 10, 2021 / WIL BALDWIN

Dallas, Texas — Southwest Airlines Company (NYSE: LUV) today announced a 15-year agreement with Velocys Renewables LLC for 219 million gallons of sustainable aviation fuel (SAF). Once blended with conventional jet fuel, the SAF could produce the equivalent of 575 million gallons of net zero fuel and avoid 6.5 million metric tons of CO2 over the term of the agreement. Southwest plans to begin purchasing SAF from the Velocys Bayou Fuels facility in Natchez, Mississippi, as early as 2026.

Additionally, as part of the offtake agreement, Southwest and Velocys have established a long-term strategic relationship, offering Southwest the opportunity to purchase significant volumes of SAF from future Velocys facilities.

Southwest recognizes the critical role that commercially viable SAF will play in the carrier’s strategy to achieve carbon neutrality by 2050. Southwest is one of the most honored airlines in the world and strives to maintain a steadfast focus on a triple bottom line.

Embraer Presents Energia Family, Four New Aircraft Concepts Using Renewable Energy

November 9, 2021 / WIL BALDWIN

Embraer (NYSE: ERJ) has announced a family of concept aircraft that it is exploring to help the industry achieve its goal of net zero carbon emissions by 2050. The details of the Energia family, the latest in the company’s Sustainability in Action initiative, were broadcast live via YouTube from Embraer’s manufacturing facility in São José dos Campos.

The company has partnered with an international consortium of engineering universities, aeronautical research institutes, and small and medium-sized enterprises to better understand energy harvesting, storage, thermal management and their applications for sustainable aircraft propulsionThe Energia Family is comprised of four concept aircraft of varying sizes that incorporate different propulsion technologies – electric, hydrogen fuel cell, dual fuel gas turbine, and hybrid-electric.

Energia Hybrid (E9-HE) – hybrid-electric propulsion • up to 90% CO2 emissions reduction • 9 seats • rear-mounted engines • technology readiness –2030

Energia Electric (E9-FE) – full electric propulsion • zero CO2 emissions • 9 seats • aft contra-rotating propeller • technology readiness – 2035

Energia H2 Fuel Cell (E19-H2FC) – hydrogen electric propulsion • zero CO2 emissions • 19 seats • rear-mounted electric engines • technology readiness – 2035

Energia H2 Gas Turbine (E50-H2GT) • hydrogen or SAF/JetA urbine propulsion • up to 100% CO2 emissions reduction • 35 to 50 seats • rear-mounted engines • technology readiness – 2040

Although the Energia airplanes are still on the drawing board, Embraer has already made advances in reducing emissions from its aircraft. It has tested drop-in sustainable aviation fuel (SAF), mixes of sugarcane and camelina plant-derived fuel and fossil fuel, on its family of E-Jets. The company is targeting to have all Embraer aircraft SAF-compatible by 2030. Last August, Embraer flew its Electric Demonstrator, a single-engine EMB-203 Ipanema, 100% powered by electricity. A hydrogen fuel cell demonstrator is planned for 2025 and the company’s eVTOL, a fully electric, zero-emissions vertical takeoff and landing vehicle, is being developed to enter service in 2026.

Watch the video presentation below!

Virgin Atlantic Joins New Global Aviation Climate Taskforce

October 31, 2021 / WIL BALDWIN

Virgin Atlantic has joined global airline leaders including Air France-KLM and Delta Air Lines, with Boston Consulting Group, in the formation of the Aviation Climate Taskforce (ACT) – a new non-profit organization founded to accelerate breakthroughs in emerging technologies to decarbonize aviation.

As the aviation sector focuses on decarbonisation, a portfolio of solutions will be required to reach net zero by 2050 and to scale up sustainable aviation fuels (SAF) to meet a 10% SAF target by 2030. ACT will stimulate innovation in the next generation of technologies, principally focussed on critical medium-term solutions, such as synthetic fuel and direct air capture. Over time, the portfolio will expand to include more near-term solutions, such as emerging bio-based Sustainable Aviation Fuel pathways, and long-term solutions, such as hydrogen technologies. ACT’s mission will be supported by two pillars: an Innovation Network and a Collaboration Forum to help accelerate innovation and expedite adoption.

Earlier this month, Virgin Atlantic announced ambitious carbon targets as part of a renewed mission to achieve net zero by 2050. The targets include increased fleet efficiency and committing to the use of 10% Sustainable Aviation Fuels (SAF) in 2030 and importantly, reinforce the airline’s commitment to embed sustainability through innovation, transparency and accountability to do more for the protection of the planet.

For more on Virgin Atlantic’s business for good activity including sustainability commitments, please visit https://corporate.virginatlantic.com/gb/en/sustainability.html

QANTAS Unveils Vaccine Reward Mega Prize Campaign

August 23, 2021 / WIL BALDWIN

A year’s worth of free flights, Accor hotel stays and bp fuel up for grabs*
Free Qantas Points, Status Credits or $20 flight discount for fully vaccinated Australians
Qantas teams up with Australian singer Tones And I to launch TVC to ‘Be Rewarded’

The Qantas Group is launching its reward campaign for COVID-19 vaccinated Australians to recognise their role in helping the country get out of lockdown.

From tomorrow, fully vaccinated Australian-based Frequent Flyers who are 18 and over will be able to claim their reward through the Qantas App by choosing one of three options:

1000 Qantas points
15 status credits (which help Frequent Flyers move up between Silver, Gold and Platinum tiers)
$20 flight discount for Qantas or Jetstar

Members will then be automatically entered into a mega prize draw to win a year’s worth of flights, accommodation and fuel.

Ten mega prizes will be up for grabs with a winner selected from each state and territory and two mega prize winners as part of a national TV campaign.

Winners of ten mega prizes will receive a year’s worth of flights to take off to more than 60 destinations around Australia, with free accommodation across 345 Ac cor hotels, resorts and apartments (including Sofitel, Pullman, Peppers, Mantra, Mercure, Mövenpick, Novotel and Ibis) and top up their cars with free fuel from any of bp’s 1,400 service stations across the country.

Winners will also be able to take off to any Qantas and Jetstar international destination when borders start to open.

Qantas Group CEO Alan Joyce said the vaccine rollout was critical for protecting public health and key to breaking the cycle of lockdowns.

Australians can claim their points, status credits or flight discounts and be automatically entered in the mega prize draw by downloading the Qantas App (via the App Store or through Google Play), using their Medicare app to access and upload their COVID-19 digital vaccination certificate and selecting their reward choice. Vaccination certificate information will be deleted upon verification.

Click the link below to read the full story!

https://www.qantasnewsroom.com.au/media-releases/qantas-unveils-vaccine-reward-mega-prize-campaign/

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