11 July 2022

ANA finalises purchase agreement for 30 Boeing 737-8 aircraft

ANA HOLDINGS (ANA HD) has reached an agreement with Boeing to convert two orders for the Boeing 777-9 aircraft to Boeing 777-8F cargo aircraft and finalised its existing purchase agreement for 30 Boeing 737-8 aircraft. The announcement reflects ANA HD’s plan to further expand its cargo business through securing large freighters and to replace the […]

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Rolls-Royce secures funding to build Direct Air Capture demonstrator

Rolls-Royce has secured £3 million from the UK Government to build a demonstrator Direct Air Capture (DAC) system, which could play a vital role in keeping global temperature rises to below 1.5C by removing CO2 from the atmosphere. The demonstrator funding comes from the Net Zero Innovation Portfolio (NZIP) through the Department for Business, Energy

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Ireland-based lessor SMBC chalks up US$1.6bn loss on 34 jets stranded in Russia

Owned by a consortium which includes Japan’s Sumitomo Corp and Sumitomo Mitsui Financial Group, Ireland based aircraft lessor SMBC Aviation Capital (SMBC) has recorded a US$3.6 billion impairment over 34 jets that became stranded in Russia after sanctions were put in place following the country’s invasion of Ukraine that basically saw all leases terminated. According

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IndiGo selects Recaro BL3710 seats for new A320neo and A321neo aircraft

Recaro Aircraft Seating has released that its BL3710 seat was selected to outfit IndiGo’s brand-new A320neo and A321neo aircraft. The low-cost airline will be the first to feature the economy-class seat in the Indian sub-continent. The BL3710 economy-class seat will be installed on 75 Airbus aircraft starting from January 2023. “Our new partnership with IndiGo

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Hawaiian Holdings appoints Wendy Beck and Craig Vosburg to Board of Directors

Hawaiian Holdings, the parent company of Hawaiian Airlines (Hawaiian), has announced the appointment of Wendy Beck and Craig Vosburg to its board of directors. Beck has extensive finance leadership experience in the consumer and travel industries, most recently serving as Executive Vice President and Chief Financial Officer at Norwegian Cruise Line Holdings. Vosburg, Chief Product

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