Tag: largest (Page 2 of 10)

ANA Expands SAF Flight Initiative Services for Air Cargo

September 5, 2023 / WIL BALDWIN

Tokyo, Japan, September 4, 2023 – All Nippon Airways (ANA), Japan’s largest and 5-Star airline for 10 consecutive years, is launching a new service in its SAF Flight Initiative, a program dedicated to reducing CO2 emission levels through the use of Sustainable Aviation Fuel (SAF). Through the new service, ANA will extend the SAF Flight Initiative offering to companies that use air cargo to transport and deliver products and provide a solution to visualize and reduce indirect CO2 emissions.

Launched in October 2021, the SAF Flight Initiative is one of ANA’s efforts to work with leading partners across a range of industries by supporting efforts to reduce emissions in the value chain as well as expand the production and use of SAF. Under the current cargo program, the SAF Flight Initiative is offered to logistics and freight companies that have a direct business contract with ANA. The new service will enable companies that use air cargo to transport products based on their track record, including factors like weight, volume and distance of transportation.

With the expansion of the SAF Flight Initiative to air cargo, ANA will continue to contribute to the realization of the environmental goals for participating companies and will promote the use of the SAF in cooperation with our partners.


How to Join	Enter into corporate agreement with ANA Details on how to register will be available on ANA’s SAF Flight Initiative website*
Certificate	Issuance of a CO2 reduction certificate verified by a third-party organization
Usage	Substantially reduce CO2 emissions from employee business trips, etc. (Category 6 of Scope 3)	Substantially reduce CO2 emissions from transportation and delivery of goods in the business value chain (Categories 4, 9 of Scope 3)
Other benefits	Listing of company name, corporate symbol, etc. as a SAF Flight Initiative partner

Norse Atlantic Airways Q2 report shows strong growth momentum going into Q3 2023

September 1, 2023 / WIL BALDWIN

CEO, Founder and largest shareholder, Bjorn Tore Larsen:

“Q2 marked a significant period of ramping-up as we inaugurated new destinations in the US and Europe. Additionally, more of our fleet of fuel efficient Boeing 787 Dreamliners were brought into production. By the end of Q2 the airline had more than doubled capacity, with June being our first month of increased production, and notably our first month generating bottom line profits.

Q3 is expected to be our first financial quarter generating a profit. The move to profitability is driven primarily by having all 15 aircraft generating revenue for the first time, from July 1st; 10 of which are operating for Norse and five generating revenue through sublease income.

A milestone was passed during Q3 as we surpassed one million booked passengers. By providing affordable air fares on competitive and established routes to key primary airports and destinations, we allow more people to explore the world and enjoy the experience of long-haul travel whether for leisure or business. Norse will be the first truly low-cost profitable long-haul airline”.

For further information please see Q1 2023 report and company update presentation attached.

• Revenue increased by 152% quarter-on-quarter (“QoQ”) to USD 100.1 million

• 204,564 passengers carried, up 86% QoQ

• Revenue per passenger increased 89% QoQ to USD 422

• Available Seat Kilometres (ASK) up by 51% QoQ due to planned ramp-up as Norse brought more aircraft into production

• Positive EBITDAR of USD 2.2 million, the first positive EBITDAR on a quarterly basis since inception of the Company

• Intra-quarter Norse recorded its first profitable month (June) and continued positive momentum

into Q3

• Load factors showed strong development during the quarter, with monthly average load factors of 67%, 72% and 82% in April, May and June respectively. The positive development continued post quarter end with an average load factor of 85% in July

• USD 19.0 million cash generated from operations in the quarter, an increase of USD 39.8 million QoQ

• Total cash held at quarter end of USD 59.1 million

• As communicated in November 2022 in relation to a private placement at the time, Norse made good on its promise to shareholders that it would perform a repair offering, which it completed during the quarter, raising NOK 150 million gross (USD 14.1 million)

• Norse upgraded to Euronext Expand at Oslo Stock Exchange, a regulated market, during the quarter

• Heavy increase in production through Q3 compared to Q2 with all Norse aircraft generating revenue for the first time from 1st July 2023

Air New Zealand signs for two ATR 72-600’s plush options

August 25, 2023 / WIL BALDWIN

Toulouse, France August 25, 2023 – National flag carrier Air New Zealand (OTC: ANZLY) and world’s number one regional aircraft manufacturer ATR, today announced the signature of a firm order for two brand new ATR 72-600 plus options for two more. Deliveries are scheduled for the second half of 2024 and the beginning of 2025. Air New Zealand will then operate the fourth largest ATR fleet worldwide.

These additional aircraft will support the airline’s growth, further strengthening its network across New Zealand. The lowest-emission regional aircraft on the market, these brand new ATR’s will be equipped with PW127XT engines, delivering an additional 3% fuel burn reduction compared to previous engine version, enabling a 45% reduction in CO2 emissions compared to similar-size regional jets.

About Air New Zealand

Air New Zealand’s story started in 1940, first taking to the skies between Auckland and Sydney on a flying boat. Known for its warm Kiwi hospitality, today the airline has 104 operating aircraft ranging from Boeing 787-9 Dreamliners and Airbus A320’s to ATR’s and Q300’s. Air New Zealand has a well-connected domestic business, connecting customers and cargo to 20 different regions around New Zealand. Internationally, the airline has direct flights to major cities across Australia, Asia, the Pacific Islands and the U.S., and through its strong relationships with alliance partners, offers customers more choice and convenience to connect further afield to hundreds of destinations. Air New Zealand has a particular focus on sustainability and its Sustainability Framework helps guide the airline’s efforts in tackling some of New Zealand’s and the world’s most complex challenges.

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.

Southwest Airlines Announces New Crew Base for Pilots and Flight Attendants at Nashville International Airport

August 15, 2023 / WIL BALDWIN

Dallas, Texas, August 14, 2023 – Southwest Airlines Co. (NYSE: LUV) today furthered its commitment to Music City by announcing the addition of a Crew Base at Nashville International Airport (BNA) in the second quarter of 2024. Nashville will become the 12th Crew Base in the Southwest® system with approximately 150-250 Pilots, growing to 500-600 Pilots, and an estimated 500-700 Flight Attendants based in the new Crew location beginning in 2024, with continued growth planned.

Southwest Airlines® began service to BNA on March 18, 1986, with eight daily nonstop departures to Chicago (Midway) and Houston (Hobby). Since then, it’s grown to operate more flights and serve more air Passengers as the largest carrier at BNA, offering up to 166 departures a day to 57 cities nonstop, and currently housing nearly 1,000 Southwest Employees. To support the carrier’s commitment to Nashville, the airline is striving to add four gates in the fourth quarter of 2023 to support its operation with a goal of 20 gates total by the end of the year to serve future Customers flying in and out of Nashville.

In 2016, the airline unveiled Tennessee One, a specialty aircraft emblazoned with an artist’s rendition of the Tennessee State flag, as a tribute to the state of Tennessee. Southwest additionally started service to Memphis International Airport on Nov. 3, 2013, and now offers up to 14 departures a day to 10 cities nonstop.

Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

August 2, 2023 / WIL BALDWIN

DENVER – 02 August, 2023 – Voyager Space, a global leader in space exploration, and Airbus (OTC: EADSY) Defence and Space, the largest aeronautics and space company in Europe, today announced an agreement paving the way for a transatlantic joint venture to develop, build, and operate Starlab, a commercial space station planned to succeed the International Space Station. The US-led joint venture will bring together world-class leaders in the space domain, while further uniting American and European interests in space exploration.

Voyager was awarded a $160 million Space Act Agreement (SAA) from the National Aeronautics and Space Administration (NASA) in December 2021 via Nanoracks, part of Voyager’s exploration segment. Part of NASA’s Commercial Low Earth Orbit Development Program, this SAA sets the foundation to create Starlab, a continuously crewed, free-flying space station to serve NASA and a global customer base of space agencies and researchers.

The program’s mission is to maintain continued human presence and American leadership in low-Earth orbit (LEO). Today’s announcement builds on an agreement made public in January 2023, where Voyager selected Airbus to provide technical design support and expertise for Starlab.

In addition to the US entity, Starlab will have a European joint venture subsidiary to directly serve the European Space Agency (ESA) and its member state space agencies.

Wizz Air orders a further 75 A321neo Family aircraft

August 2, 2023 / WIL BALDWIN

Toulouse, France, August 2, 2023 -Wizz Air (OTC: WZZZY), the fastest growing European ultra-low-cost airline, has signed a firm contract for an additional 75 Airbus (OTC: EADSY) A321neo Family aircraft, taking its total order for the largest member of the Airbus single aisle to 434, and for Wizz’s A320 Family overall to 565 aircraft.

Wizz Air is an all Airbus operator with a fleet of over 180 A320 Family aircraft currently in operation.

The A321neo is the largest member of Airbus’ A320neo Family, offering unparalleled range and performance. By incorporating new generation engines and Sharklets, the A321neo brings a 50 percent noise reduction and more than 20 percent fuel savings and CO2 reduction compared to previous generation single-aisle aircraft, while maximizing passenger comfort in the widest single-aisle cabin in the sky. To date nearly 5,200 A321neos have been ordered by customers across the globe.

Virgin Australia and All Nippon Airways launch expanded partnership

July 23, 2023 / WIL BALDWIN

July 2023 – Virgin Australia and Japan’s largest airline, ANA, All Nippon Airways, have today announced a significantly expanded partnership to include increased levels of codeshare co-operation in addition to a series of member loyalty benefits and seamless travel across both carriers’ networks.

From today, Velocity Frequent Flyer members can earn Points and Status Credits when travelling on ANA operated flights across more than 130 destinations in the global ANA network including Japan, Asia, North America and Europe.

For the first time, guests can also book airfares on ANA operated flights between Australia and Japan at virginaustralia.com.

The announcement follows the launch of Virgin Australia’s inaugural service between Cairns and Tokyo (Haneda) last month. The airline’s partnership with ANA will unlock benefits across 12 domestic connections for travellers within Japan, including Sapporo, Fukuoka, Hiroshima, Osaka-Itami, Kochi, Osaka-Kansai, Kumamoto, Nagoya, Nagasaki, Oita, Okinawa and Miyazaki.

US-Bangla Airlines boosts ATR fleet availability with Global Maintenance Agreement

July 17, 2023 / WIL BALDWIN

Toulouse, France, 17 July 2023 – Largest private Bangladeshi carrier US-Bangla Airlines and world’s number one regional aircraft manufacturer ATR, today announced the signature of a Global Maintenance Agreement (GMA) to further optimize the airline’s maintenance costs and boost the reliability of its fleet of eight ATR 72-600’s. The five-year pay-by-the-hour contract covers the repair, overhaul and pooling services of Line Replaceable Units, along with the availability and maintenance of propellers and leading edges.

Mohammed Abdullah Al Mamun, Managing Director of US-Bangla Airlines said: “Reliability, on-time performance, customer experience and safety are of paramount importance to US-Bangla. As US-Bangla celebrates its 9th Anniversary there is no better time to announce that we are strengthening our cooperation with ATR through this Global Maintenance Agreement. We are hopeful that this partnership will further optimise the reliability of our ATR fleet while reducing operating costs – creating a win-win partnership. Both our teams have worked relentlessly to innovate a commercial model which we hope will stand the test of time and be a new benchmark in aviation”

For over 25 years, the ATR GMA has been significantly boosting regional airlines’ operations and reducing maintenance costs through improved parts availability, advice on maintenance practices, troubleshooting and insightful engineering analysis.

Delta Air Lines discloses order for 12 additional A220 aircraft

July 13, 2023 / WIL BALDWIN

Herndon, USA/Mirabel, Canada – 13 July 2023 – Under its current agreement, Delta Air Lines (NYSE: DAL) has disclosed an order for 12 additional A220-300 aircraft, bringing the airline’s total firm order for A220’s to 131 aircraft – 45 A220-100’s and 86 A220-300’s. Throughout the years, Delta has reordered the A220 five times and is today the largest A220 customer and operator in the world.

In addition to its positive cabin experience, the aircraft plays an important role in helping decrease airline operating costs and environmental impact. Offering 25% lower fuel burn and CO₂ emissions per seat compared to previous generation aircraft, the A220 is the only aircraft purpose-built for the 100-150 seat market. Combining state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation GTF™ engines, the A220 brings customers a 50% reduced noise footprint and around 50% lower NOx emissions than industry standards.

Delta took delivery of its first Airbus A220 in October 2018, and was the first U.S. carrier to operate the aircraft type. Delta currently operates a fleet of 433 Airbus aircraft, including 61 A220 aircraft, 280 A320 Family aircraft, 64 A330’s and 28 A350-900 aircraft.

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