Tag: routes (Page 1 of 15)

Etihad Airways expands schedule with two new destinations

February 29, 2024 / WIL BALDWIN

Abu Dhabi, UAE – In the latest significant boost to its global network, Etihad Airways, the national airline of the United Arab Emirates, has announced substantial updates to its summer schedule.

This strategic expansion includes the addition of new flights and increased frequencies to existing routes, reinforcing Abu Dhabi’s position as a global connector and enhancing travel options.

The airline is set to broaden its reach by launching flights to two new fantastic and sought-after destinations: Beginning 15 June, Etihad will operate three seasonal weekly flights between Abu Dhabi and Antalya (AYT), Turkey. Operations to Jaipur (JAI), India will start 16 June with four weekly flights.

More, more, more

Starting 15 June, Etihad is increasing its service frequency to a number of key destinations:

The weekly flights to Thiruvananthapuram and Amman will be increased by three, totalling 10 and 14 respectively. Additional services include three more flights to Cairo for a total of 24, Karachi increasing to 17, and Colombo to 20 weekly flights.

The latest expansion contributes to an overall 33 per cent increase in Etihad’s total weekly flights, growing from 635 last summer to 847 in 2024, and extends Etihad’s reach from 65 to 75 destinations, significantly enhancing worldwide connectivity.

Manchester City 787 | Etihad Airways

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

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.

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.

American Airlines unveiled over 50 new routes this year

October 31, 2023 / WIL BALDWIN

Dallas, Texas, October 31 – 2023 continues to be a big year for American Airlines Group (Nasdaq: AAL). This year, the airline has launched or announced more than 50 new routes. With service to more than 350 destinations around the world, American continues to build a comprehensive network across the United States and the world.

Learn more below about our new routes we will add through the summer of 2024.

Forward-Looking Statements

Alpha Trains adds 12 new Stadler EURO9000 locomotives to fleet

October 28, 2023 / WIL BALDWIN

Alpha Trains and Stadler Rail AG (Swiss: SRAIL) have signed a contract for the purchase of 12 EURO9000 locomotives. This is the first order of this latest generation of six-axle hybrid multi-system locomotives by Alpha Trains. Scheduled for delivery in 2025 and 2026, these state-of-the-art locomotives will be built at Stadler’s factory in Valencia, Spain.

The project is funded with a total of 15 million Euros by the German Federal Ministry for Digital and Transport (BMDV) as part of the BMDV’s rail funding guideline. The funding guideline is coordinated by NOW GmbH and implemented by Project Management Jülich (PtJ).

The multisystem electric EURO9000 locomotives are also equipped with diesel power units. They enable rail freight operations on AC and DC electrified lines and on non-electrified track sections, even on international routes with mixed traffic. With their advanced traction capabilities and their high-performance, they are ideal for a wide range of freight services and perfectly complement Alpha Trains’ large and diverse portfolio. By investing in efficient and innovative alternative propulsion vehicles, Alpha Trains is helping to reduce diesel consumption and thus improves the sustainability of rail freight.

TAAG Angola Airlines to renew fleet with Boeing 787 Dreamliners

October 10, 2023 / WIL BALDWIN

Luanda, Angola, October 10, 2023, PRNewswire, – Boeing (NYSE: BA) and TAAG Angola Airlines announced today that the African carrier is adding the highly fuel-efficient 787 Dreamliner to its fleet with an order for four widebody jets.

TAAG Angola Airlines currently flies five 777-300ER (Extended Range) jets, three 777-200ER’s and seven 737-700’s to 12 destinations across Africa, Europe, South America and China.

Boeing’s Commercial Market Outlook for Africa projects that the continent will need 1,025 airplanes over the next two decades. Overall African air traffic growth is forecast at 7.4%, the third highest among global regions and above the global average growth of 6.1%.

Since revenue service began in 2011, the 787 family has launched more than 370 new nonstop routes around the world. The 787 Dreamliner reduces fuel use and emissions by 25% compared to the airplanes it replaces. Passengers enjoy a better experience with the largest windows of any jet, air that is more humid and pressurized at a lower cabin altitude for greater comfort, large overhead bins, soothing LED lighting, and technology that senses and counters turbulence for a smoother ride.

Silk Way West takes delivery of first Boeing 777 freighter

October 4, 2023 / WIL BALDWIN

Baku, Azerbaijan, October 3, 2023, PRNewswire – Silk Way West Airlines’ first Boeing (NYSE: BA) 777 Freighter arrived at Heydar Aliyev International Airport today as the airline becomes the newest operator of the world’s largest, longest range and most capable twin-engine freighter. The 777 Freighter will enable Silk Way West to increase its capacity to meet growing cargo demand around the globe.

Designed to integrate smoothly with existing cargo operations, the 777 Freighter will provide Azerbaijan-based Silk Way West with enhanced efficiency and operational flexibility. With a range of 9,200 kilometers, the 777 Freighter can carry a maximum structural payload of 107,000 kilograms, allowing operators to make fewer stops and reduce landing fees on long-haul routes. The airplane’s large fuselage diameter allows carriers to transport tall and outsized cargo loads on 3-meter-tall pallets, and its main deck side cargo door is 3.72 meters wide, allowing convenient loading of taller and wider cargo.

The 777 Freighter is Boeing’s top-selling freighter of all time. Customers from around the world have ordered 319 777 Freighters since the program began in 2005. As the market leader in cargo airplanes, Boeing provides more than 90% of the worldwide dedicated freighter capacity, including new-production and converted airplanes.

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.

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.

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

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