Leading global commercial aircraft lessor Jackson Square Aviation (JSA), based in both Los Angeles CA and Dublin, Ireland has released its operating results for the full year 2022. The company has successfully increased the size of its fleet through the addition of 13 new production aircraft under sale-and-leaseback or finance lease products. Beyond deploying nearly
While Pratt & Whitney engines have been certified to operate with 50% sustainable aviation fuel (SAF) for the last ten years the jet engine maker is currently teaming up with the world’s largest regional jet manufacturer ATR to ready the PW127-series engines to be SAF ready by 2025. This will include the new PS127XT. The
Mitsubishi Heavy Industries has announced that it is cancelling the public-private SpaceJet project that would have seen Japan launch its first domestically produced passenger jet, despite having received orders over time for over 450 of the aircraft. The project had been supported by the Japanese government and domestic firms including Toyota, but has been beset
In response to pitches made by Airbus and Dassault Aviation for the right to operate the cruise phase of commercial flights with only one pilot in the cockpit, the European aviation regulator has ruled out the prospect of flights with a single pilot until at least 2030. However, the regulator is considering the possibility of
Norwegian has seen a 78% boost in January passenger numbers compared to January 2022, having carried 1,131,474 passengers in what is traditionally a quiet month for travel. “People traditionally travel less in January, instead using this time of year to book their next travels. Nevertheless, we had close to full flights to warmer destinations this
As a result of new technology developed by Lufthansa Technic and BASF, Lufthansa Cargo is now operating a Boeing 777F with AeroSHARK technology which will reduce its fuel consumption by one percent. The technology was first used on a SWISS 777-300ER and this is the first instance of the new technology’s use on a freighter
The Sacramento County Department of Airports, which operates Sacramento International Airport (SMF), has announced SMForward, a US$1.3 billion expansion project aimed at improving Airport capacity to accommodate anticipated passenger growth over the next seven years. This will be the largest construction programme in the airport’s history. SMForward will be made up of six individual projects
Five days after UK regional carrier Flybe filed for bankruptcy, Norwegian domestic carrier Flyr has been forced to go down the same route after failing to raise only half of the needed cash to see it through the winter season and enable it to prepare for spring demand. “There is no longer a realistic opportunity
German leisure carrier Condor Flugdienst GmbH (Condor), majority owned by Attestor Capital, has announced that the current CEO, Ralf Teckentrup, will be replaced in February 2024, as planned, by Peter Gerber. Gerber has held various positions in the Lufthansa Group over the past 30 years, including as a member of the Executive Board of Lufthansa
Having taken over from Warren East in January this year, Rolls-Royce’s new CEO, Tufan Erginbilgic has warned all staff at the FTSE-100 firm that it must change the way it operates if it is to have a future. In a global announcement Erginbilgic stated that: “Every investment we make, we destroy value. We under-perform every
