Tag: Fuel (Page 4 of 20)

Gulfstream G700 and G800 engines earn FAA certification

September 11, 2023 / WIL BALDWIN

Savannah, Georgia, September 8, 2023 — Gulfstream Aerospace Corp. today announced the all-new Gulfstream G700 and Gulfstream G800 Rolls-Royce Pearl 700 engines have earned Federal Aviation Administration (FAA) certification, bringing the aircraft program another step closer towards entry into service and customer deliveries.

The G700 and G800 feature high-speed, aerodynamic Gulfstream wing design as well as an all-new winglet designed for the two new aircraft. Along with the Rolls-Royce Pearl 700 engines, these innovations help reduce fuel consumption and emissions.

The G700 features the most spacious cabin in the industry and can fly 6,650 nautical miles/12,316 kilometers at Mach 0.90 or 7,750 nm/14,353 km at Mach 0.85, and its maximum operating speed of Mach 0.935 makes it the fastest aircraft in the Gulfstream fleet. The G800 can travel 7,000 nm/12,964 km at Mach 0.90 and 8,000 nm/14,816 km at Mach 0.85, the longest range in the business aviation industry.

The G700 and G800 both include the Gulfstream Symmetry Flight Deck with the industry’s only electronically linked active control sidesticks, the most extensive use of touch-screen technology in business aviation and Gulfstream’s award-winning Predictive Landing Performance System.

In the cabin, the G700 and G800 feature the Gulfstream Cabin Experience with 100% fresh air, the industry’s lowest cabin altitude, whisper-quiet noise levels and abundant natural light from iconic Gulfstream Panoramic Oval Windows.

LATAM Group receives new Boeing 787-9

September 11, 2023 / WIL BALDWIN

Santiago, Chile, September, 2023 – LATAM group (OTC: LTMAY) has received delivery of a new Boeing 787-9 directly from Charleston (United States) to Santiago (Chile), and is the only group of airlines in South America operating this model.

The Boeing 787-9 is equipped with advanced technology that allows it to reduce fuel consumption and CO2 emissions by 20-30% compared to the previous technology thanks to its lightweight materials, state-of-the-art engines, and modern aerodynamics.

Its arrival is part of LATAM group’s fleet renewal and modernization strategy, which will enable it to have 37 Dreamliners including the 787-8 variant by the end of this year, becoming one of the most modern and efficient fleets in South America. With this, the LATAM group aims to finish 2023 with a fleet of 332 aircraft, of which 78 are Wide Body and 254 are Narrow Body.

LATAM group’s new aircraft will feature 300 seats and has the capacity to cover an approximate distance of 14,010 km. Additionally, it boasts larger windows, spacious overhead compartments, technology that detects and counteracts turbulence for a smoother flight, and onboard diagnostic systems that allow the aircraft to self-monitor and automatically report maintenance requirements to ground systems.

Rolls-Royce to complete initial F130 engine testing for B-52J by year end

September 7, 2023 / WIL BALDWIN

Rolls-Royce (OTC: RYCEY) today announced that it is on track to complete initial F130 engine testing for the United States Air Force B-52J Stratofortress by the end of the year. Continued Rapid Twin Pod Tests at NASA Stennis Space Center in Mississippi have accomplished all of Rolls-Royce’s initial goals and allowed for the gathering of unprecedented amounts of data early in the program, further de-risking the integration of the F130 engine onto the B-52J.

In September 2021, Rolls-Royce F130 engines were selected by the Air Force to replace the existing powerplants in the B-52 fleet, with over 600 new engine deliveries expected. The new engines will extend the life of the B-52 aircraft for 30 years and are so durable they are expected to remain on wing for the remainder of the aircraft life.

F130 engines will be manufactured, assembled and tested at Rolls-Royce facilities in Indianapolis, the company’s largest production facility in the U.S. The F130 is derived from the Rolls-Royce BR family of commercial engines, with over 30 million hours of operation and a high reliability rate. It’s a proven, dependable engine with a fuel-efficient design.

Turkish Airlines places order for ten additional Airbus A350-900

September 7, 2023 / WIL BALDWIN

Toulouse, France, September 6, 2023 – Turkey’s national flag carrier, Turkish Airlines, has announced a new order for 10 additional Airbus (OTC: EADSY) A350-900 aircraft, taking its total for the type to 40. This latest Turkish Airlines agreement is in addition to one announced in August for four A350-900’s, with th air carrier already operating a fleet of 14 A350-900’s.

At the end of July, the A350 had won over 1,000 orders from leading carriers from around the globe. The A350 is the world’s most modern and efficient widebody aircraft and the long range leader in the 300-410 seater category. Its clean sheet design includes state-of-the-art technology, aerodynamics, lightweight materials and new engines that together deliver 25 percent advantage in fuel burn, operating costs and CO2 emissions. The airplane also demonstrates a 50 percent noise footprint reduction compared to the previous generation of Airbus aircraft.

Maersk finalizes ECO delivery deal with Amazon

September 6, 2023 / WIL BALDWIN

Florham Park, New Jersey, September 6, 2023 – A.P. Moller – Maersk (OTC: AMKBY) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million pounds of coal burned. This is the fourth consecutive year that Amazon and Maersk have arranged container shipping using low GHG fuel options.

The ECO Delivery biofuel option offers emission reductions that enable immediate and externally verified GHG savings for customers, without compensatory measures like offsetting. This year, Amazon will benefit from a new feature of the ECO Delivery product which will be enabled by also using green methanol in addition to the bio diesel as a second green fuel* in the vessel fleet. ECO Delivery is using primary data for fuel consumption in the methodology to report emissions savings with greater precision, inclusive of other greenhouse gases in addition to the CO2. The new model also provides price certainty and stability and is de-linked from the fossil fuel market.

^* Maersk defines ’green fuels’ as fuels with low to very low GHG emissions over their life cycle compared to fossil fuels. Maersk green fuels and its supply chain are verified by the International Sustainability and Carbon Certification (ISCC) . The methodology for accounting emissions is based on GLEC (Global Logistics Emissions Council) and is certified by Smart Freight Center. We ensure auto-generated performance tracking of Maersk ECO Delivery shipments. Maersk ECO Delivery CO2e saving certificates will be issued. The method is audited by PwC in accordance with the International Standard of Assurance Engagements 3410 (ISAE 3410 – Assurance Engagements on Greenhouse Gas Statements), showing CO₂e savings for the scope of the Maersk ECO Delivery agreement.

Boeing and Aviation Capital Group LLC (ACG) announced today that the airplane lessor has finalized an order for seven 737-8 and six 737-10 jets as ACG grows its single-aisle options to meet robust customer demand for the fuel-efficient 737 MAX airplane family.

Boeing & Aviation Capital Group finalize order for 13 737 MAX Jets

September 6, 2023 / WIL BALDWIN

Seattle, Washington, September 5, 2023 /PRNewswire/ – Boeing [NYSE: BA] and Aviation Capital Group LLC (ACG) announced today the airplane lessor has finalized an order for 13 737 MAX jets, increasing the lessor’s order book to 47 737 MAXs.

The new, incremental order includes seven 737-8 and six 737-10 jets as ACG grows its single-aisle options to meet robust customer demand for the fuel-efficient 737 MAX airplane family.

The 737 MAX family offers carriers enhanced efficiency and route flexibility for short- and medium-haul air travel, making it a valuable asset for airplane lessors such as ACG. Lessors have ordered more than 1,300 737 MAX jets.

The 737-8 can carry up to 210 passengers based on configuration with a range of 3,500 nautical miles, while the 737-10, the largest 737 MAX model, seats up to 230 passengers with a range of 3,100 nautical miles. Both variants reduce fuel use and carbon emissions by 20% compared to the airplanes they replace.

On average, each 737 MAX saves up to eight million pounds of CO2 emissions annually compared to the airplanes it replaces. The 737 MAX is a quieter airplane, with a 50% smaller noise footprint than the airplanes it replaces.

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

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.

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.

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