Tag: economics (Page 1 of 3)

STARLUX Launches Widebody Fleet with First Airbus A330neo

February 21, 2022 / WIL BALDWIN

Toulouse, France February 21, 2022 – Taiwan’s STARLUX Airlines has taken delivery of its first widebody aircraft – an A330-900. It is the first of 26 Airbus (OTC: EADSY) widebodies set to join the airline’s fleet, comprising eight A330neo and 18 A350’s.

The A330neo aircraft and one A350 are being acquired on lease from ALC, while the airline has 17 A350s on direct order with Airbus. Benefiting from the A330neo’s unbeatable operating economics and award-winning Airspace cabin, the aircraft will feature a two-class cabin with 28 business class seats and 269 economy class seats.

The A330neo joins an existing fleet of seven single-aisle A321neo at the airline, and will complement the airline’s network by flying regional routes from Taiwan to the wider Asia-Pacific.

At the same time, STARLUX has also signed up for the computer-based ACE (Airbus Cockpit Experience) Suite training solution. Using a “learning by discovery” approach, STARLUX’s flying crew will be able to use the ACE Trainer that simulates a 3D Cockpit environment with guided lessons and free play.

ACE Suite offers an efficient learning process that also provides customers with significant time savings off high-level devices training. Users can enjoy better knowledge retention and continuous skills reinforcement. ACE Suite is approved by EASA and in line with ICAO regulations.

A Boeing 737-7 and 737-8-200 (Boeing Photo)

Allegiant Air Orders Up to 100 737 MAX Jets

January 5, 2022 / WIL BALDWIN

Seattle, Washington, January 5, 2022 /PRNewswire/ – Boeing [NYSE: BA] and Allegiant Air (NASDAQ: ALGT) today announced an order for 50 737 MAX jets, with options for 50 additional airplanes. In Boeing’s first U.S. ultra-low cost carrier (ULCC) deal, Allegiant selected two models – the 737-7 and 737-8-200 – in the 737 MAX family, which provide the lowest seat-mile costs for a single-aisle airplane and high-dispatch reliability.

With commonality and improved fuel efficiency, the 737 MAX family enables airlines to optimize their fleets across a broad range of missions. The 737-7 provides low-operating costs that enable carriers to open new routes with less economic risk, and the larger 737-8-200 offers added revenue potential and is right-sized for ULCC market expansion. Compared to Allegiant’s current fleet, the new 737 models will reduce fuel use and carbon emissions by 20%.

Boeing and Allegiant will partner on entry-into-service support, enabling a smooth transition as the carrier adds the 737 into its operation. Allegiant will also utilize a suite of Boeing Global Services digital tools to further enhance operational efficiency. Allegiant currently operates a fleet of 108 Airbus A319 and A320 airplanes.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com.

Helvetic Airways Receives Its First Embraer E195-E2

June 24, 2021 / WIL BALDWIN

Helvetic Airways of Switzerland received the first of four new E195-E2 aircraft today at the Embraer (NYSE: ERJ) facility in São José dos Campos. Helvetic will receive three further E195-E2’s by the end of next month, July 2021.

Helvetic ordered 12 E-Jet E2’s in 2018 to support its fleet renewal initiative: 8 E190-E2’s (already in service) and four E195-E2’s (converted from the original E190-E2 order). The airline also holds purchase rights for an additional 12 aircraft. The Helvetic fleet also includes four first-generation E190’s. When the three remaining E195-E2’s are delivered, the carrier will have a fleet of 16 E-Jets.

With Embraer, the airline has developed a fleet providing maximum flexibility to deploy its 134-seat E195-E2’s, 110-seat E190-E2’s, and 112-seat E190’s across its European network. Thanks to the common crew type rating for all E-Jets, Helvetic can seamlessly schedule the three different E-Jet models to satisfy variations in demand, maximizing operating economics.

Speaking at the delivery event broadcast to Helvetic employees in Europe, Arjan Meijer, President and CEO of Embraer Commercial Aviation said, “With the new E195-E2, Helvetic builds on its reputation as one of the most environmentally committed airlines in Europe. Not only does the aircraft burn 25% less fuel than its predecessor, its noise footprint is 65% smaller. The E2’s are great news for communities near airports.”

MAX-10 First Flight Takeoff Renton

Boeing Completes Successful First 737-10 Flight

June 19, 2021 / WIL BALDWIN

SEATTLE /PRNewswire/ — Boeing’s [NYSE: BA] 737-10, the largest airplane in the 737 MAX family, today completed a successful first flight. The airplane took off from Renton Field in Renton, Washington, at 10:07 a.m. and landed at 12:38 p.m. at Boeing Field in Seattle.

Today’s flight was the start of a comprehensive test program for the 737-10. Boeing will work closely with regulators to certify the airplane prior to its scheduled entry into service in 2023.

The 737-10 can carry up to 230 passengers. It also incorporates environmental improvements, cutting carbon emissions by 14 percent and reducing noise by 50 percent compared to today’s Next-Generation 737s.

MAX-10 First Flight Landing Boeing Field Seattle

Rolls-Royce Signs MoU with Fermi Energia for Compact Nuclear Power Stations

March 2, 2021 / WIL BALDWIN

Rolls-Royce (London: RR.L) and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of affordable, compact nuclear power stations, known as small modular reactors (SMR), in Estonia. The study will cover all aspects of deployment including grid suitability, cooling, emergency planning, human resources, licensing feasibility, economics and supply chain.

Rolls-Royce is leading a consortium that is designing a low-cost factory built nuclear power station, known as a small modular reactor (SMR). Its standardised, factory-made components and advanced manufacturing processes push costs down, while the rapid assembly of the modules and components inside a weatherproof canopy on the power station site itself avoid costly schedule disruptions.

Fermi Energia is a company founded by nuclear scientists, energy experts and entrepreneurs to bring small modular reactors to Estonia to meet its climate goals, help the economy develop and gain energy security.

The consortium led by Rolls-Royce is working with its partners and UK Government to secure a commitment for a fleet of factory built nuclear power stations, each providing at least 440MW of electricity, to be operational within a decade, helping the governments around the world net zero obligations.

The consortium members feature the best of nuclear engineering, construction and infrastructure expertise in Assystem, Atkins, BAM Nuttall, Jacobs, Laing O’Rourke, National Nuclear Laboratory, Nuclear Advanced Manufacturing Research Centre, Rolls-Royce and TWI. The current phase of the programme has been jointly funded by all consortium members and UK Research and Innovation.

The power stations will be built by the UKSMR consortium, before being handed over to be operated by power generation companies.

ATR Appoints Tiziana Masullo as Managing Director and President of ATR Americas

February 9, 2021 / WIL BALDWIN

Toulouse, 9 February, 2021 – ATR has appointed Tiziana Masullo Managing Director and President of ATR Americas, a subsidiary of ATR, effective from December 2020. Based in Miami, Tiziana previously served as Vice President of Services Sales and Contracts, and succeeds Jurgen Lebacs. Tiziana will oversee a staff of 32 people, covering the following areas: Technical support and Safety, Training and Flight Ops, Services Sales and Contracts, Customer Material Support, GMA & Repairs, CSDs and FSR, Finance and Human Resources.

After graduating from ITC Serra with a diploma in Foreign Languages and Literature, Tiziana began her career with Leonardo, before moving to ATR where she has spent 27 years. With a lengthy background and many leadership positions in Training, Flight Operations and Services Sales, as well as Contract Negotiation, Tiziana brings a wealth of experience to her new role. She is also the first woman to lead one of ATR’s subsidiaries.

Tiziana has two children, David who is 22 years old and is studying sociology at London School of Economics in London, and Nikita who is 18, who lives in Miami studying to be a veterinary assistant.

Qantas Group Targets Domestic Growth with Alliance Airlines Capacity Deal

February 3, 2021 / WIL BALDWIN

A new deal with Alliance Airlines will help the Qantas Group meet an expected surge in local tourism demand once the country moves beyond sudden COVID-related border closures. Alliance will provide the QantasLink network with flexible capacity using its recently acquired Embraer E190 aircraft – a 94 seat jet with a five hour range that is well suited to linking regional centres with smaller capital cities.

Initial routes that Alliance will fly are expected to include Adelaide–Alice Springs, Darwin–Alice Springs and Darwin–Adelaide. Passengers can expect an increase in frequency made possible by the size, range and economics of the E190 compared to the Boeing 737’s that are currently used on these routes; the 737’s will be redeployed elsewhere in Australia as part an ongoing ‘right aircraft, right route’ approach to the Group’s network.

Qantas has signed a three year deal with Alliance to access three E190’s based in Darwin and Adelaide. The timing will depend on the rate of recovery in travel demand but is currently expected to start in June 2021, once the vast majority of the Qantas Domestic flying has returned to pre-COVID levels.

The agreement also provides flexibility to access an additional 11 (for a total of 14) E190 regional jets, but also to switch off some (or all) of this capacity, depending on market conditions.

CEO of QantasLink, John Gissing, said the deal reflected the kind of flexibility needed to respond to opportunities without committing any capital.

The E190 offers 10 seats in Business Class and 84 seats in Economy, with a range of about 4,500 kilometres.

Qantas owns just under 20 per cent of Alliance Airlines.

Air Saint-Pierre Takes Delivery of a New ATR 42-600

December 22, 2020 / WIL BALDWIN

Air Saint-Pierre has taken delivery of its new ATR 42-600 aircraft, following the signature of a Memorandum of Understanding in July 2018. Based on one of the three main islands of Saint Pierre and Miquelon (around 6,300 inhabitants), Air Saint-Pierre is essential to the archipelago’s economy, as it flies both passengers and goods to Miquelon, St. John’s, the Magdalen Islands, Halifax and Montreal. The new aircraft will replace the airline’s existing ATR 42-500 which has been in operation since 2009.

In addition to benefitting from unbeatable environmental performance and economics, the ATR 600’s proven ability to operate effectively in windy conditions is vital for Air Saint-Pierre. The -600 series can take-off and land in cross wind conditions of 45 knots, a unique capability which enables the airline to offer reliable air services to its communities. Air Saint-Pierre’s passengers will also enjoy the modernity and comfort of the Armonia cabin, whilst the airline’s pilots will appreciate the state-of the-art avionics suite, resulting in a smoother flying experience for all.

Benoît Olano, Chief Executive Officer of Air Saint-Pierre, said: “We are looking forward to starting operations with our new ATR aircraft. We have been flying ATR since 1994, starting with an ATR 42 320, and the turboprop’s unique capabilities and continuous improvement have made it the ideal aircraft for our operations over the years. We will continue to provide to the people of Saint-Pierre and Miquelon the connectivity they need, along with greater comfort, whilst limiting our impact on the environment.”

ATR Chief Executive Officer, Stefano Bortoli added: “There is nothing more satisfying than seeing a loyal customer upgrade its fleet. Delivering regional connectivity in the challenging operational conditions of Saint Pierre and Miquelon and its neighbouring islands takes a special aircraft and the ATR 42-600 is the perfect fit. The airline’s operations are vital for the archipelago’s communities and we are truly glad to see our aircraft once again accomplish what they have been designed for: to connect people and places responsibly, no matter how remote.”

Embraer E195’s Make Vietnam Debut with Bamboo Airways

September 29, 2020 / WIL BALDWIN

Two Embraer E195s have commenced operations in Vietnam with Bamboo Airways, offering the first jet service to Con Dao from Hanoi, Vinh and Hai Phong. Con Dao Island and the surrounding National Park is an area of outstanding natural beauty 1400km (760nm) from the capital Hanoi, off the southern coast of Vietnam. The popular tourist destination, featuring an archipelago of 16 islands, is currently only served by turboprop aircraft due to its short runway, light pavement, and lack of fuel provision.

The Embraer E195s join Bamboo Airways’ fleet on a wet-lease agreement with Denmark based Great Dane Airlines, adding to the growing number of E-Jet operators in the Asia Pacific region.

“Bamboo Airways is proud to offer jet-operated flights to Con Dao with the E195s,” said Mr. Dang Tat Thang – Executive Vice Chairman of Bamboo Airways. “The aircraft’s short runway performance makes it an ideal aircraft for flights to and from Con Dao. The two by two seating will offer our passengers a high level of comfort in a modern, spacious aircraft, including the one-of-its-kind Business Class on the route to Con Dao.”

“Congratulations to Bamboo Airways on this strategic move. The E-Jets will give them great flexibility both in performance as well as in economics,” says Raul Villaron, Vice President, Asia Pacific for Embraer’s commercial aviation unit. “The E195’s fuel efficiency and economics enables Bamboo Airways to cost effectively manage fluctuating demand and operate lower density routes with the right sized aircraft. We welcome Bamboo Airways to the Embraer family and our global team are here to support them.”

Bamboo Airways is the first to operate direct flights to Con Dao from three cities; the capital Hanoi, Hai Phong city in the North and Vinh city in the central area. There will be two flights a day on the Hanoi – Con Dao route and daily flights from Hai Phong and Vinh to Con Dao in the initial phase. Bamboo Airways are operating the aircraft in a comfortable single class configuration with 118 seats.

Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers from all over the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,600 aircraft have been delivered. Today, E-Jets are flying in the fleet of more than 80 customers in some 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline carriers.

Azul Receives Certification for First E195 Adapted Cargo Aircraft

September 27, 2020 / WIL BALDWIN

– Four aircraft to be converted initially to support the company’s e-commerce solutions

Azul S.A., “Azul” (NYSE: AZUL), announces today that it has received certification for the world’s first Embraer E195 adapted dedicated cargo aircraft. The first aircraft began commercial services on Saturday, September 26th. Another three aircraft are expected to be adapted by the end of 2020, delivering a unique and focused solution to the Company’s e-commerce customers. Two of the four planes have already been dedicated to an e-commerce provider for a period of at least six months.

The four E-jets will join the Company’s two dedicated Boeing 737-400 freighters, for a total of six aircraft dedicated for Azul Cargo Express, Azul’s cargo business unit. In addition, the Company’s dedicated fleet capabilities are further expanded by its five ATR 72-600 Quick-Change aircraft. These dedicated cargo aircraft, together with belly capacity on Azul’s passenger network, the largest in Brazil, gives the Company’s customers exclusive access to the broadest, fastest and most efficient range of logistics services.

“We are excited to continue diversifying our business model with the adaptation of these four Embraer aircraft. The size, range, and performance of the E195, gives it the perfect combination of payload capacity, volume capacity and low trip-cost economics allowing fast and efficient logistics access all around Brazil. We are seeing record demand for the services provided by Azul Cargo Express and are pleased to innovate to further meet the needs of our customers. With the combination of our dedicated aircraft, belly capacity on the largest domestic network in Brazil, and our extensive ground partnerships, we are ready to meet the growing need of all our logistics and especially all our e-commerce customers. Our logistics solutions have the potential to transform e-commerce in Brazil”, says John Rodgerson, CEO of Azul.

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