Category: Asia News (Page 4 of 30)

Akasa Air orders 150 more Boeing 737 MAX aircraft

January 19, 2024 / WIL BALDWIN

Hyderabad, India, January 18, 2024 – Boeing (NYSE: BA) and Akasa Air announced today the Indian carrier has placed a follow-on 737 MAX order, confirming 150 more fuel-efficient jets in its order book. The purchase of 737-10 airplanes and additional 737-8-200 jets by India’s all-737 operator was revealed at the Wings India 2024 airshow.

Akasa Air will leverage the 737 MAX family to expand its domestic and international network in the coming years. Since launching operations in 2022, the airline has captured approximately 4% of India’s domestic market, serving 18 destinations with a fleet of 22 737 MAX jets. Both 737 MAX variants will provide Akasa Air with added capacity and range on new and existing routes, while reducing fuel use and carbon emissions by 20% compared to older-generation airplanes.

As Akasa Air looks to expand its network in India and South Asia, Boeing’s 2023 Commercial Market outlook forecasts delivery of 2,705 new commercial airplanes over the next 20 years for the region, of which nearly 90% will be single-aisle jets. This order finalized in December 2023 and was unidentified on the Boeing Orders & Deliveries website.

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.

Lufthansa launches direct flights from Hyderabad to Frankfurt

January 19, 2024 / WIL BALDWIN

Furthering its commitment to India and enhancing its presence on the subcontinent, Deutsche Lufthansa AG (Xetra: LHAG) German Airlines is pleased to announce direct services from Hyderabad, capital of the Indian state of Telangana and Frankfurt, Germany.

Once known as the City of Pearls due to its historical significance in the pearl and diamond trade, Hyderabad has long been a hub for merchants and traders from all over the world. Today, Hyderabad is India’s 4th largest city, an emerging technological, aerospace and Indian pharma hub, with a strong presence of major multinational companies including Google & Microsoft as well as Boeing & Airbus. As a growing capital city in a prosperous state, both Hyderabad and the State of Telangana have contributed to the economic success of India today. An investment hub as well as a centre for innovation, Hyderabad combines the old-world charm of its rich history with the dynamism of 21st century India.

As the leading European carrier in India, Lufthansa now operates direct connections from Germany to 5 destinations in the country with Hyderabad-Frankfurt being the latest addition to its global network. As the fastest growing major market for Lufthansa globally, capacity growth in India exceeds pre-pandemic levels.

Forward-Looking Statements

QANTAS to fly from Darwin to Singapore

January 16, 2024 / WIL BALDWIN

Qantas has announced it is launching a second international route from Darwin, with direct flights from the Northern Territory to Singapore.

Commencing in December, the new Qantas flights will add more than 60,000 seats on the route each year and provide visitors to Australia with a convenient gateway to access to some iconic Top End experiences.

The flights will provide Territorians with a direct Qantas option to Singapore and also a seamless connection to London on QF1, as well as other destinations across Europe or Asia with partner airlines. Qantas customers travelling from Darwin will save around five hours in flying time by no longer having to fly via other Australian capital cities to get to London.

Starting on December 9, 2024, flights will initially operate five days per week with the dual-class Embraer E190 aircraft. Service will increasing to daily starting in March of 2025.* The new route has been made possible by the establishment of the E190 base at Darwin Airport, with the size, range and economics of the aircraft opening up routes that that wouldn’t be viable with larger aircraft, including the launch of international flights to Dili in 2022.

Rolls-Royce welcomes EVA Air as new customer

January 12, 2024 / WIL BALDWIN

Rolls-Royce Holdings PLC (London: RR) today announces it has signed a Letter of Intent for a TotalCare® maintenance agreement with Taiwanese airline EVA Air for 36 Rolls-Royce Trent XWB-97 engines that will power 18 new Airbus A350-1000 aircraft. The agreement provides the airline with predictability as well as a known cost for the services and maintenance of the fleet.

This will be the first time EVA Air includes the Rolls-Royce Trent engine in its fleet. Rolls-Royce is delighted to welcome EVA Air as a new customer.

TotalCare is designed to provide operational certainty for customers by transferring time on wing and maintenance cost risk back to Rolls-Royce. This industry-leading premium service offering is supported by data delivered through the Rolls-Royce advanced engine health monitoring system, which helps provide customers with increased operational availability, reliability and efficiency.

Forward-Looking Statements

Mercedes-Benz unveils first branded residential skyscraper in Dubai

January 9, 2024 / WIL BALDWIN

Mercedes-Benz and developer Binghatti have revealed plans for a supertall skyscraper in central Dubai, which will be the car company’s first branded residential tower.

Named Mercedes-Benz Places in Dubai, the tower will reportedly be 341 meters high and located close to the Burj Khalifa.

Click the link below to read the full story from dezeen! Thereis also a video below the link! Enjoy

Mercedes-Benz first residential skyscraper

Korean Air to expand cargo SAF program with Yusen Logistics

January 9, 2024 / WIL BALDWIN

Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of sustainable aviation fuel (SAF) in the air cargo industry. The two companies signed a Sustainable Aviation Fuel Cooperation Program Agreement at the Yusen Logistics headquarters in Tokyo.

Yusen Logistics is the airline’s first cargo SAF partner based in Japan, and the two companies will collaborate to promote SAF usage within the Asian region in alignment with the aviation industry’s climate change goals.

In September 2023, Korean Air launched a program to use SAF for air cargo operations with air cargo customers and forwarders, a first of its kind in Korea in the air cargo industry. Customers are able to purchase SAF for air cargo operations, and Korean Air will share the carbon emissions reductions with its customers.

Korean Air is committed to cooperating with all relevant governments, clients and oil refinery companies to expedite the use of SAF and create an efficient domestic SAF infrastructure in Korea.

EVA Air places order for 33 Airbus aircraft

January 9, 2024 / WIL BALDWIN

Toulouse, France, January 9, 2024 – Taiwan’s EVA Air has finalised a firm order with Airbus Group SE (Paris: AIR) for the purchase of 18 long-range A350-1000 and 15 single-aisle A321neo aircraft. EVA Air is the latest airline to select the A350-1000 for its long haul requirements, with the A321neo bringing new levels of efficiency for the carrier’s regional network operations.

Forward-Looking Statements

Denmark announces alliance on green fuels in India

January 8, 2024 / WIL BALDWIN

Chennai, India, January 8, 2024 – Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality.

Led by the Danish Embassy and the Consulate General of Denmark in India, the new alliance is a strategic initiative poised to play a pivotal role in advancing the Green Fuels sector, including Green Hydrogen, by fostering innovation, collaboration, and partnerships between Danish industries and their counterparts in India.

GFAI’s primary objective is to promote sustainable energy growth in India by establishing an ecosystem that encourages collaboration among businesses, government entities, research institutions, and financial stakeholders from both the Indian and Danish sectors.

Nine pioneering Danish organisations have already committed to the GFAI initiative as founding members including Maersk, Topsoe, Umwelt Energy, Mash Makes, European Sustainable Solutions, Novozymes, Danfoss, Brdr. Christensen and Hydrogen Denmark. Meanwhile, the GFAI advisory board members include India Hydrogen Alliance, Energy Consortium at the Indian Institute of Technology Madras, the Danish Energy Agency and State of Green.

Rocket Lab to launch space situational awareness mission

January 8, 2024 / WIL BALDWIN

Long Beach, California. January 08, 2024 – Rocket Lab USA, Inc. (Nasdaq: RKLB), a global leader in launch services and space systems, today announced it has set the launch window for its first mission of 2024.

The ‘Four of a Kind’ mission is scheduled to launch no earlier than January 18 between 19:15-20:00 NZT (January 18 between 06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand. The mission will deploy four Space Situational Awareness (SSA) satellites for Spire Global, Inc’s (Spire) customer NorthStarEarth & Space (NorthStar). NorthStar´s satellites, built and operated by Spire, will be the first to simultaneously monitor all near-Earth orbits from space, delivering a radically enhanced level of SSA services to the global satellite community, with timely and precise information for space object detection, tracking, orbit determination, collision avoidance, navigation, and proximity alerts.

As a secondary mission, Rocket Lab will be attempting to splash down and retrieve Electron’s first stage as part of the Company’s plan to evolve Electron into a reusable rocket. After launch and stage separation, Electron’s first stage will return to Earth under a parachute and splash down in the Pacific Ocean several hundred kilometers down range from Launch Complex 1. Rocket Lab’s recovery vessel will extract the stage from the water for transportation back to Rocket Lab’s production complex where it will undergo detailed analysis. Rocket Lab is not launching any pre-flown engines as part of this mission.

Forward-Looking Statements

Ocean Network Express launches Indian Ocean Mediterranean service

January 4, 2024 / WIL BALDWIN

Ocean Network Express (ONE) is pleased to announce the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region and will provide customers with an enhanced service coverage for this region.

The new IOM service will be expected to provide a reliable and quality assured transport service as well as schedule integrity.

The commencement of the new service from Nhava Sheva to the Mediterranean will be revised to Hyundai Busan/V0150W (ETA Nhava 28th January 2024) / Hyundai Busan/V0150E (ETA Valencia 28th February 2024).

As the service will be routed via Cape of Good Hope, please kindly note following updated service rotations:

Hyundai Busan/V0150W (ETA Nhava 28th January 2024) /
Hyundai Busan/V0150E (ETA Valencia 28th February 2024):
Nhava Sheva – Mundra – Karachi – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras- Karachi – Mundra – Nhava Sheva

effective from
Hyundai Jakarta/V0129W (ETA Nhava 11th February 2024) /
Hyundai Jakarta/V0129E (ETA Valencia 13th March 2024)
Nhava Sheva – Mundra – Karachi – Algeciras – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras – Karachi – Mundra – Nhava Sheva

_{^{NOTE: Transit times and port rotation are as of now and subject to change}}

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