Tag: Fuel (Page 1 of 20)

Vietjet Air picks Rolls-Royce Trent 7000 engines for A330neo

February 25, 2024 / WIL BALDWIN

Singapore Air Show, February, 2024 – Vietjet Air has signed a Memorandum of Understanding (MoU) with Airbus Group SE (Paris: AIR) for the purchase of 20 A330-900 widebodies. When the order is finalized, the aircraft will be operated on the carrier’s growing long range network, as well as on high capacity regional services. They will replace the carrier’s current fleet of leased A330-300’s, as well as providing for network expansion.

Rolls-Royce (LSE: RR) today announces a commitment by Vietjet Air for 20 Trent 7000 powered A330neo, which will complement the airline’s existing widebody fleet of seven Trent 700 powered A330ceo aircraft.

With a laser focus on sustainability, Vietjet Air has committed to the A330neo/Trent 7000 combination as it delivers a 14% better fuel burn per seat, whilst significantly lowering emissions. The reduction in emissions will allow the airline to avoid more than one hundred thousand tons of CO2 over the lifetime of each aircraft.

The Trent 7000 draws on the technology and experience of the most advanced family of engines in the world. As the latest member of the Trent family, the Trent 7000 is based on Trent XWB technology and has delivered exceptional reliability since its entry into service.

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.

Solaris wins new hydrogen bus contracts in Barcelona and Essen

February 2, 2024 / WIL BALDWIN

The CAF Group company has consolidated its leading position in the thriving hydrogen city bus market with two new contracts for the supply of 57 vehicles for a combined value of over 40 million Euros for Barcelona, Spain and Essen, Germany. Solaris’ experience in rolling out hydrogen technology has seen 40 operators in 10 European countries already place their trust in the company, having won orders for in excess of 700 vehicles.

Supported by the ongoing development of the hydrogen vehicle market and the increasing orders for hydrogen fuel cell-powered buses, Solaris has intensified its business activity in this segment over the recent months. In fact, in connection with this technology, last year Solaris made a major investment constructing a new building exclusively to manufacture hydrogen-powered buses.

Solaris’ substantial backlog, which includes supplies to various operators in Austria, Switzerland, Germany, Spain, France, Italy, the Netherlands, Poland, Sweden and Slovakia, illustrates the current relevance of this market. While 99 hydrogen buses were registered in Europe in 2022, pending official data for 2023, at the end of the third quarter of the year a total of 137 new bus registrations had already been made in Europe, representing a 38% increase compared to the 12 months in the previous year. If we add the data for the last 3 months of 2023, the figures would undoubtedly reveal how strongly this sector has grown and how much Solaris has contributed to this situation. Just a few years ago, specifically in 2018, not one single hydrogen bus was registered in Europe.

Airbus and Tata to set up first helicopter Final Assembly Line in India

January 26, 2024 / WIL BALDWIN

New Delhi, India, January 26, 2024 – In a major boost to ‘Make in India’, Airbus Group SE (Paris: AIR) Helicopters has announced that it is partnering with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will produce Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighbouring countries.

The FAL will be the first instance of the private sector setting up a helicopter manufacturing facility in India, providing a major boost to the Government of India’s ‘AatmaNirbhar Bharat’ (self-reliant India) programme. Under this partnership, Tata Advanced Systems Limited (TASL), a subsidiary of Tata Group, will set up the facility along with Airbus Helicopters.

The announcement was made during the two-day visit of French President Emmanuel Macron to India as Chief Guest at the Republic Day celebrations on January 26.

The FAL in India will undertake the integration of the major component assemblies, avionics and mission systems, installation of electrical harnesses, hydraulic circuits, flight controls, dynamic components, fuel system and the engine. It will also do testing, qualification, and delivery of the H125 to customers in India and the region. The FAL will take 24 months to set up and deliveries of the first ‘Made in India’ H125s are expected to commence in 2026. The location of the FAL will be jointly decided by Airbus and the Tata Group.

Forward-Looking Statements

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

Transavia France takes delivery of its first A320neo

January 10, 2024 / WIL BALDWIN

Toulouse, France, January 10, 2024 – French low-cost carrier Transavia France, part of the Air France-KLM Group, has taken delivery of its first Airbus Group SE (Paris: AIR) A320neo, on lease from Avolon, from Airbus manufacturing site in Toulouse. The airline has opted for the Airbus option to have the delivery flight to Paris-Orly powered by a sustainable aviation fuel blend on board.

The new aircraft features 186 seats in a single class layout. Selected for its outstanding operational efficiency, reduced emissions and comfort, the A320neo will be deployed by Transavia France on its services on its domestic network as well as across its European and Mediterranean markets.

Forward-Looking Statements

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.

Embraer E195-E2 receives steep approach certification for London City Airport

November 11, 2023 / WIL BALDWIN

Sao Jose Dos Campos, Brazil, November 10, 2023 – The Embraer SA (NYSE: ERJ) most advanced jet aircraft the E195-E2, has received certification for Steep Approach into London City Airport from EASA (European Aviation Safety Agency). This achievement is a significant development, allowing airlines to operate the E195-E2 at London City Airport (LCY), known for its challenging approach and short runway. Together with the E190-E2, which received Steep Approach certification in 2021, both members of the E2 family are now approved for operations from LCY.

The certification process highlighted the E195-E2’s impressive noise reduction among new generation single-aisle aircraft. It surpasses the requirements of ICAO’s strict Chapter 14 regulation, thereby offering a significantly quieter flying experience compared to the previous E195 model. The E195-E2’s noise footprint at take-off is around 60% smaller than current jet aircraft, such as the E190, and will bring benefits to local residents in terms of noise reductions. The E195-E2’s environmental performance extends beyond noise reduction. The aircraft delivers reduced emissions and improved fuel efficiency compared to previous generation aircraft. In 2022, Embraer and Pratt & Whitney demonstrated a successful test flight of an E195-E2 aircraft using 100% Sustainable Aviation Fuel (SAF), which could push the emissions reduction up to 85% in future.

During a proving flight, the E195-E2 first landed at the airport in July 2022. LCY, London’s most central airport, caters to both business and leisure passengers, offering quick access to continental Europe, making it a preferred choice for short-haul flights. The airport is a vital component of London’s wider connectivity and Embraer aircraft are uniquely able to manage the challenges of LCY operations, with Embraer aircraft accounting for a large proportion of LCY operations on routes as diverse as Edinburgh and Mykonos. To serve LCY, aircraft must comply with the steep approach, short runway, and stringent noise regulations. The E195-E2 could replace the current E190 fleet that existing airlines currently operate at LCY.

Forward-Looking Statements

This press release 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 connects India Silicon Valley to Munich and beyond

November 8, 2023 / WIL BALDWIN

Deutsche Lufthansa Group AG (Xetra: LHAG) connected the Indian metropolis of Bengaluru with Munich, the capital of Bavaria when its new service began on November 4, 2023. Alongside Delhi and Mumbai, Bengaluru is the third Indian city with a direct connection for travelers via Lufthansa’s 5 star Munich hub and is India’s third-largest city. The Indian city serves an IT hub and a center of the aerospace industry.

India in Focus

With a legacy in India that spans more than 90 years, the Lufthansa Group will be operating 64 weekly frequencies between India and Europe by January 2024. The Indian aviation market is currently the 3rd largest globally. This Bengaluru-Munich service represents Lufthansa’s strong commitment to the Indian market as Lufthansa Group’s capacity to India now exceeds pre-COVID levels.

Currently operating service three times a week and conveniently arriving the same day at 8:05 in Munich, Lufthansa guests will enjoy their experience on one of the most modern and fuel-efficient long-haul aircraft, the Airbus A350-900. As with all services to India, local cuisine and catering will be offered to passengers onboard their direct service from India’s “Silicon Valley” to Munich and beyond.

Forward-Looking Statements

Air Niugini orders 6 Airbus A220 aircraft

November 3, 2023 / WIL BALDWIN

Toulouse, France, November 3, 2023 – Air Niugini, the national flag carrier of Papua New Guinea, has signed a firm order with Airbus Group SE (Paris: AIR) for six latest generation single aisle A220-100’s under its fleet modernisation program. In addition, the carrier will acquire three A220-300s and another two A220-100’s from third party lessors.

The order was announced at a special event in Port Moresby by Gary Seddon, Acting Chief Executive Officer Air Niugini and Anand Stanley, President Airbus Asia-Pacific, in the presence of the Honorable James Marape, Prime Minister of Papua New Guinea and Honorable William Duma, Minister for State Enterprises.

Air Niugini also announced that it has selected a flight planning support system from Airbus subsidiary NAVBLUE for its fleet. Called N-Flight Planning (N-FP), the solution will help the airline optimise on fuel, time and cost to meet operational needs, while ensuring overall safety and compliance.

Forward-Looking Statements

Leonardo AW169 capabilities to grow with increased Gross Weight and 11 seat configuration

October 30, 2023 / WIL BALDWIN

Rome, Italy, October 30, 2023 – The Leonardo S.p.A. (OTC: FINMY) AW169 light intermediate twin engine helicopter’s operational capabilities and range of options will grow further with the launch of a 5,100 kg (11,243 lb) IGW kit and an 11-seater configuration fully compliant with the IOGP (International Association of Oil & Gas Producers) Report 690. Both will be made available for the aircraft version with skid landing gear.

Compared to the standard 4,800 kg (10582 lb) Maximum Take-off Weight, the extra 300 kg (661 lb) available with the 5,100 kg IGW kit allows the embarkation of three more passengers or the addition of fuel for approximately one hour of operations. Existing operators of the type’s version with skids will be able to retrofit the 5,100 kg IGW kit to enhance their aircraft’s capabilities.

As an additional option, the 11-seater configuration, fully compliant with the IOGP Report 690 (Offshore Helicopter Recommended Practices), will introduce a new modular fuel tank system and two additional Type IV emergency exits in the cabin, increasing the total number from four to six. The 11 seats configuration will be available for the skid-fitted version in combination with the 5,100 kg IGW kit. This solution will allow the type to satisfy even more demanding offshore transport requirements in terms of payload, range, and compliance with IOGP latest standards.

This configuration will allow a radius of action of up to 75 nm with 11 passengers, therefore offering capabilities typically achievable with types with a MTOW exceeding 5.5 tons (intermediate class) at a light intermediate class cost of operations as well as granting latest safety standards compared with legacy helicopters. It will also deliver greater sustainability versus ageing types in the relevant weight category thanks to a more efficient powerplant, advanced navigation, modern support and maintenance approach, among other solutions. The Certification of the IGW increase is expected in 2024 while the 11-seater configuration with new modular fuel tank is planned for certification in 2026.

These latest operational capabilities will add to the EASA (European Aviation Safety Agency) certifications of the skid undercarriage and unique IFR, single pilot, Advanced Search and Rescue (SAR) Modes, both achieved in late 2022. With the skid configuration certification, the AW169 became the only modern CS29-certified aircraft able to offer all undercarriage solutions, further demonstrating the versatility by design of the type. The AW169 is also the only helicopter in its weight category that features Advanced SAR Modes. The performance increase packages previously developed had already enhanced engine performance and capabilities, transmission ratings and available payload through engine software updates and aircraft aerodynamics modifications, making the type the helicopter with the best power-to-weight ratio in its class.

Forward-Looking Statements

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