Tag: Fuel (Page 3 of 20)

Alstom to present Italy’s first hydrogen powered train at EXPO Ferroviaria 2023

October 1, 2023 / WIL BALDWIN

28 September 2023 – Alstom SA (Paris: ALSO), global leader in smart and sustainable mobility, will be present at EXPO Ferroviaria 2023, the exclusive B2B exhibition in Italy dedicated to the railway industry, taking place from 3rd to 5th of October 2023 at Fiera Milano Rho. Throughout the event, Alstom will showcase a wide range of solutions and technologies to consolidate its position as a leader in smart and sustainable mobility.

At 12:45 p.m on October 3rd, during the event’s opening day, Alstom and FNM will hold an official ceremony attended by key institutions, customers and partners. During this event, both companies will together unveil the hydrogen-powered Coradia Stream, a hydrogen train with zero direct carbon emissions equipped with fuel cells. This train is set to enter commercial service in Valcamonica, running along the non-electrified Brescia-Iseo-Edolo line operated by Ferrovienord and Trenord. This marks the train’s debut appearance in Italy.

Additionally, on the event’s first day, at 3 p.m., visitors can join Alstom and Infra.to at the Alstom booth n°E48 located in the EXPO Ferroviaria venue, for the official presentation of the new Metropolis train for Line 1 of the Turin Metro. This presentation will also showcase the state-of-the-art Urbalis driverless radio signalling system.

Cathay Group orders 32 A320neo Family aircraft

September 29, 2023 / WIL BALDWIN

Toulouse, France, September 29, 2023 – Hong Kong’s Cathay Pacific Airways Ltd ADR (OTC: CPCAY) has announced the purchase of an additional 32 Airbus Group NV (OTC: EADSY) A320neo Family aircraft as it continues to invest in expanding and modernising its fleet. The agreement doubles the Cathay Group’s total orders for the A320neo Family to 64, of which 13 have already been delivered.

The 32 additional aircraft will comprise both the A321neo and A320neo which will join the fleets of Cathay Pacific and HK Express.They will principally serve destinations in the Chinese Mainland and elsewhere in Asia.

The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver at least 20 percent lower fuel burn and CO2 emission savings. With more than 9,700 orders from over 130 customers, the A320neo Family is the world’s most popular single aisle aircraft.

American Airlines joins Embraer Energia Advisory Group

September 27, 2023 / WIL BALDWIN

Sao Jose dos Campos, Brazil, September 26, 2023 – Embraer (NYSE: ERJ) announced today that American Airlines (NASDAQ: AAL) has signed an MoU with Embraer to join its Energia Advisory Group, an experienced and knowledgeable team of airlines, lessors, suppliers, and other aviation experts advising Embraer on its development of sustainable aircraft for the future. The MoU with Embraer will see the companies working together to define and establish the real-world requirements for sustainable, emission-free, and commercially viable aviation.

American is a recognized leader in the drive for sustainable flight and was named 2023 Eco-Airline of the Year by Air Transport World. American operates the youngest mainline fleet and the largest regional fleet among U.S. network carriers and in 2022 consumed more than two million gallons of sustainable aviation fuel. It has also invested in the development of hydrogen-powered propulsion and infrastructure.

American will work with the advisory group and Embraer to help define performance and design requirements for its four Energia concept aircraft. These aircraft, ranging from 9-to-50 seats, will use a range of electric, hydrogen and hybrid propulsion technologies.

Air Canada orders 18 Boeing 787-10’s, will fly every model in 787 Dreamliner family

September 25, 2023 / WIL BALDWIN

Seattle, Washington, September 25, 2023, PRNewswire – Boeing (NYSE: BA) and Air Canada (Toronto: AC) announced today the carrier is selecting the 787 Dreamliner to further modernize and grow its fleet with an order for 18 787-10 widebody jets, with the option to purchase 12 more. The flag carrier of the country, Air Canada will deploy the new fuel-efficient airplanes as part of its broader strategy to reduce carbon emissions while expanding its global route network.

Reducing fuel use and improving efficiency by up to 25% compared to previous generation jets, the 787 helps advance Air Canada’s ambitious environment goals over the next several decades. The carrier is positioned to optimize its fleet as it adds international routes in new and existing markets, further benefiting from the Dreamliner family’s route flexibility and operating economics.

Air Canada currently operates a fleet of 38 787s, including eight 787-8 and 30 787-9 jets. The largest model in the family, the 787-10, can carry up to 336 passengers with a range of 6,330 nautical miles (11,730 km).

With the selection of the 787 Dreamliner family, Air Canada is supporting economic growth and jobs across the Canadian aviation industry. Canada is among Boeing’s largest international supply bases with more than 550 suppliers. There are more than a dozen Canadian suppliers supporting the 787 program, including Boeing’s aerospace composite manufacturing facility in Winnipeg. Each year, Boeing contributes around $4 billion Canadian dollars in economic benefit to the country while supporting more than 14,000 direct and indirect jobs.

Airbus unveils PioneerLab twin engine flying laboratory

September 25, 2023 / WIL BALDWIN

Hamburg, Germany, September 25, 2023 – During the German National Aviation Conference in Hamburg, Airbus Group SE (Paris: AIR) Helicopters unveiled the PioneerLab, its new twin-engine technology demonstrator based on the H145 platform. It complements Airbus’ range of FlightLabs and focuses on testing technologies that reduce helicopter emissions, increase autonomy and integrate bio-based materials.

The PioneerLab aims to demonstrate a fuel reduction of up to 30% compared to a conventional H145, thanks to a hybrid electric propulsion system and aerodynamic
improvements. Aboard the demonstrator, Airbus Helicopters will also flight-test structural components made from bio-based and recycled materials, which aim to reduce the
environmental footprint across the entire aircraft life cycle. The company intends to produce the new parts using processes that reduce material and energy consumption and improve recyclability. Further research activities will include the integration of the latest digital technologies into the aircraft’s flight control system and associated sensors to increase autonomy and safety during critical flight phases such as take-off and landing.

PioneerLab is partially co-funded by the BMWK, the Federal German Ministry for Economic Affairs and Climate Actions through its national research program LuFo. Airbus Helicopters’ FlightLabs provide agile and efficient test beds to quickly test technologies. They are part of the company’s strategy to bring incremental innovation to improve its current products and as well as to mature technology for future platforms.

The PioneerLab’s flight campaign has already begun at the manufacturer’s largest German site in Donauwörth, with a rotor strike alerting system being the first techno-brick tested on board the demonstrator. The next phase will be to test an automated take-off and landing system.

Qantas Group provides market update

September 24, 2023 / WIL BALDWIN

September 25, 2023, Qantas Airways Ltd ADR (OTC-QABSY) – The Qantas Group provides the following update to inform the market of a material increase to investment in customer improvements, continued strength in travel demand and the impact of elevated fuel prices.

CUSTOMER IMPROVEMENTS

The Group will invest a further $80 million in customer improvements across FY24 in addition to the $150 million previously budgeted, which will be funded from profits.

This additional investment is aimed at addressing a number of customer ‘pain points’ through improvements such as better contact centre resourcing and training, an increase in the number seats that can be redeemed with Frequent Flyer points, more generous recovery support when operational issues arise, a review of longstanding policies for fairness and improvements to the quality of inflight catering.

Qantas is also working to accelerate some initiatives already underway, such as the re-platforming of the Qantas app. More detail on these actions will be shared in coming weeks.

DEMAND LEVELS

Overall travel demand remains strong, with trading conditions in the first quarter of FY24 similar to the last quarter of FY23.

Qantas and Jetstar expect to carry more than 4 million passengers over the September/October school holidays and football finals period on almost 35,000 domestic and international services. This compares with around 3.7 million passengers on approximately 28,000 services over the same four week period last year.

Latest survey data shows that travel remains a top spending priority among Qantas Frequent Flyers over the next six months, well ahead of entertainment, renovations and homewares[1]. The Group greatly appreciates the continued support from customers choosing Qantas and Jetstar.

FUEL, FX AND FARES

Fuel prices have increased by around 30 per cent since May 2023, including a 10 per cent spike since August. This is driven by a combination of higher oil prices, higher refiner margins and a lower Australian dollar.

If sustained, this is expected to see the Group’s 1H24 fuel bill increase by approximately $200 million to $2.8 billion after hedging[2]. A further $50 million impact is expected due to non-fuel related foreign exchange changes.

The Group will continue to absorb these higher costs, but will monitor fuel prices in the weeks ahead and, if current levels are sustained, will look to adjust its settings. Any changes would look to balance the recovery of higher costs with the importance of affordable travel in an environment where fares are already elevated.

CAPACITY AND NETWORK UPDATE

New aircraft deliveries and wet-leasing arrangements will help Qantas and Jetstar boost international capacity by 12 percentage points by the end of the calendar year – an increase of almost 50 additional flights a week.

This includes Qantas resuming its Sydney-Shanghai services and starting two new routes, Brisbane-Wellington and Brisbane-Honiara, as well as a new Jetstar service from Brisbane to Tokyo.

Both international and domestic capacity for 1H24 is materially unchanged from estimates given in late August 2023.

FINANCIAL FRAMEWORK

The Group remains in a very strong financial position, including its debt levels and continued strong revenue intakes.

The on-market share buyback of up to $500 million announced on 24 August 2023 is now 10 per cent completed. Shareholder approval will be sought at Qantas’ upcoming AGM to increase the headroom for further share buybacks that the Board may choose to do in future in line with the Financial Framework.

[1] QFF sentiment tracker,n=2,019.Data collected between 1 August 2023 and 31 August 2023. Sample of QFF members from Red Planet panel. Based on respondents’ intended changes to upcoming spending across different categories.

[2] Assumes 1H24 underlying into-plane market reference price of approximately A$191 per barrel.

Rolls-Royce makes Halunder Jet safer and more efficient thanks to NautIQ

September 20, 2023 / WIL BALDWIN

Ensuring engine reliability at sea

To keep a sea-going vessel like the Halunder Jet running reliably and sustainably, the crew need access to a host of relevant data on its condition. That’s where the Rolls-Royce Holdings PLC (OTC: RYCEY) mtu NautIQ Foresight can help.

In the North Sea, the crew onboard the Halunder Jet – a high-speed catamaran operated by ferry company FRS – is transporting passengers between Hamburg, Cuxhaven and Heligoland harbour in Germany.

With just four hours on Heligoland island to visit the ‘Tall Anna’ sea-stack, watch guillemots and gannets, or engage in some duty-free shopping, visitors want to make the most of every minute secure in the knowledge that they’ll be back on the mainland in time to catch their onward connections.

Uptime and reliability, therefore, are top priorities for the Halunder Jet’s operators, closely followed by cutting fuel consumption – an increasingly important consideration amid rising fuel prices and growing environmental awareness.

SMBC Aviation Capital orders 25 Boeing 737 MAX jets

September 13, 2023 / WIL BALDWIN

Seattle, Washington, September 13, 2023, PRNewswire – Boeing [NYSE: BA] and SMBC Aviation Capital announced today the airplane lessor is ordering 25 737-8s. The new order increases SMBC’s backlog to 81 737 MAX jets focused on the market-leading 737-8.

With travel demand surging around the globe, lessors are looking to increase their single-aisle portfolios to provide airlines with more fuel-efficient jets capable of operating across various route networks.

The 737-8 provides flexibility across airline’s networks while reducing fuel use and emissions by up to 20% and on average. Each airplane will save up to 8 million pounds of CO₂ emissions annually compared to those airplanes it replaces. Boeing has secured more than 400 737 MAX family orders in 2023.

The 737-8 seats 162 to 210 passengers depending on configuration with a range of 3,500 nautical miles and operates profitably on short- and medium-haul routes.

Airbus and PHI Group sign for 20 H175 & 8 H160 helicopters

September 12, 2023 / WIL BALDWIN

Marignane, France, September 12, 2023 – Airbus Group SE (Paris: AIR) and PHI Group Inc (PHI) have signed a framework agreement that includes commitments for 20 super-medium H175 helicopters and 8 H160s to serve the energy market worldwide, including in the US. These 28 state-of-the-art helicopters will better position PHI to respond to the energy market’s expected growing offshore transportation needs. These commitments are composed of firm orders as well as purchase options that PHI may exercise during the course of the framework agreement.

PHI has been supporting the energy industry for 74 years. Today, PHI operates over 200 helicopters across the globe serving a number of markets, including energy and air medical. PHI’s Airbus fleet consists of H125, H135, H145, H160 and H175 family helicopters – with the H175 being the latest addition.

In service since 2015, Airbus’ H175 belongs to the super-medium class of helicopters, combining long-range with smooth flight qualities, making it the perfect solution for several mission profiles, including offshore crew change, public services, and private and business aviation. 54 H175s currently in service have accumulated around 195,000 flight hours, of which 170,000 are flying for the energy sector.

Designed as a multi-role helicopter capable of performing a wide range of missions, the H160 integrates Airbus’ latest technological innovations. With its light maintenance plan, the H160 optimises operating costs and offers a new standard in availability. The helicopter is powered by two of the latest Arrano engines from SafranHelicopter Engines that offer a 15% reduction in fuel burn. Both the H175 and H160 are already certified to fly with as much as 50% sustainable aviation fuel.

Boeing [NYSE: BA] and Vietnam Airlines announced the carrier has selected Boeing’s family of fuel-efficient airplanes to expand its future fleet with 50 737 MAX airplanes. (Boeing image)

Vietnam Airlines Selects 50 Boeing 737 MAX Airplanes to Grow its Fleet

September 11, 2023 / WIL BALDWIN

Hanoi, Vietnam, September 11, 2023, PRNewswire – Boeing (NYSE: BA) and Vietnam Airlines JSC (HVN) announced today the carrier has selected the 737 MAX family to expand its single-aisle fleet, with a commitment to order 50 737-8 airplanes. With enhanced fuel efficiency and environmental performance, the 737 MAX will provide best-in-class flexibility for Vietnam’s growing aviation market. The commitment was announced during a signing ceremony with Vietnamese government leaders on Monday, September 11.

U.S. and Vietnam officials said the commitment will bolster jobs in both countries and strengthen the bilateral economic partnership. Building on Boeing’s long history of collaboration with Vietnam’s civil aviation industry, the carrier’s 737 MAX fleet will support the country’s goal of becoming a leading aviation hub.

Since the launch, more than 100 customers around the world have placed firm orders for more than 5,600 737 MAX airplanes. The 737 MAX reduces fuel use and carbon emissions by 20% and has a smaller noise footprint than airplanes it replaces. The jets offer increased comfort and relaxation for passengers, with modern sculpted sidewalls, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

The 737 MAX family will allow Vietnam Airlines to fly up to 3,500 nautical miles (6,480 km) to serve increasingly popular international and regional routes. The carrier currently operates a fleet of 15 787 Dreamliner jets and serves over 50 destinations in 17 countries. A member of the SkyTeam Alliance, passengers flying on Vietnam Airlines or any of its 18 partners can earn and redeem miles for travel to 1,000 destinations worldwide.

Boeing is committed to its strong relationships with Vietnamese suppliers and partnering to create a strong, efficient and resilient global supply chain to deliver the highest quality products and services for our customers. Today, Boeing has a corporate office in Hanoi and Field Service Offices in Hanoi and Ho Chi Minh City.

(From left to right) Mr. Nguyen Chien Thang, Technical Executive Vice President, Vietnam Airlines; Mr. Le Hong Ha, President and CEO, Vietnam Airlines; Dr. Brendan Nelson, President, Boeing Global; Mr. Dang Ngoc Hoa, Chairman, Vietnam Airlines; Mr. Brad McMullen, Senior Vice President Boeing Commercial Sales; and Marketing; Mr. Michael Nguyen, Managing Director, Boeing Vietnam gather on Sept. 11 in Hanoi to celebrate Vietnam Airlines’ commitment to 50 737-8 MAX airplanes.

Ensuring engine reliability at sea

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