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LATEST NEWS
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Thursday, September 29th, 2022
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FlyBlade India (BLADE India) is a joint venture involving Hunch Ventures, a privately held New Delhi investment firm and BLADE India, an offshoot of Blade, the technology-powered urban air mobility (UAM) platform while Eve is an accelerated start-up for the UAM ecosystem backed by Brazilian planemaker Embraer. The two have announced a joint venture whereby BLADE India has agreed to purchase 200 electric vertical take-off and landing (eVTOL) vehicles from Eve, together with service and support, and Eve’s Urban Air Traffic Management (UATM) software solution.
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Initially, companies plan to collaborate on a three-month pilot project connecting passengers using helicopters. As pioneers in the provision of short-haul air mobility services in India, BLADE India will act as Eve’s on-ground knowledge partner to create the Urban Air Mobility (UAM) ecosystem. The data collected through BLADE India’s customer experience and operations will be used to further develop Eve’s eVTOL, service and support solutions, and its UATM software. BLADE India will initially underwrite 50,000 hours of flight time per year using Eve’s eVTOL in the country.
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“India’s traffic congestion woes are only expected to get worse. This partnership allows us to leverage Eve’s deep expertise in not just EVA (Electric Vertical Aircraft) design but also in the infrastructure required to support UAM,” said Amit Dutta, managing director, BLADE India. “This initial order will allow us to enter into service in India and further develop the ecosystem according to the community’s needs. We look forward to offering the people of India a zero-emission UAM solution in the future that will be quiet, efficient, and accessible,” said André Stein, co-CEO of Eve.
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Air India has signed definitive sale and lease back agreements with Willis Lease Finance (Willis Lease) for 34 CFM56-5B engines installed on its Airbus A320 family fleet. The engines will be covered under Willis Lease’s ConstantThrust® programme, which will deliver significant reliability and cost savings versus a traditional MRO shop visit programme. This is the first ConstantThrust® sale and leaseback agreement for aircraft engines by any Indian carrier.
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Under the sale side of the transaction, Willis Lease will purchase from Air India 34 engines powering 13 Airbus A321 aircraft and four Airbus A320 aircraft. Through its ConstantThrust® programme, Willis Lease will provide replacement and standby spare engines, allowing Air India to avoid potentially costly and unpredictable shop visits on engines powering a transitioning aircraft fleet. Willis Lease will also have an in-country team to coordinate and manage the entire programme and all logistics and transportation involved.
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Boeing and China Airlines have finalised an order for up to 24 Boeing 787 Dreamliners, as the carrier invests in the fuel-efficient wide-body to expand passenger and cargo operations. The deal includes a firm order for 16 of the longest range 787-9 with options for eight additional jets, a landmark purchase that will enable the airline to meet its long-term sustainability goals.
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"We are excited to introduce the 787-9 Dreamliner into our operations as we continue to upgrade our fleet with more modern, fuel-efficient airplanes. Adding the state-of-the-art 787 will help us reduce carbon emissions, while also providing our customers with unmatched levels of comfort," said China Airlines Chairman Hsieh Su-Chien. "Our continuous investment in fleet modernisation is the cornerstone of our sustainability efforts. The 787's best-in-class efficiency and low operating costs will allow us to expand our network for years to come."
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Powered by advanced engines and a suite of environmentally progressive technologies, the 787 family has an airport-noise footprint that is 60% smaller than the previous generation of airplanes. In addition, the 787's revolutionary composite structures resist corrosion and are perfect for operating in warm and humid climates served by Taipei-based China Airlines.
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Finnair starts change negotiations with its employees to discuss plans to re-organise the company through personnel redundancies and changing job descriptions. The plan is linked to Finnair’s new strategy which focuses on restoring Finnair’s profitability. The plan targets to build Finnair’s different functions to meet the size of the company and the changes in Finnair’s operating environment. Finnair will be operating with a smaller capacity than before the pandemic.
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Up to approximately 200 jobs at Finnair could be reduced globally if the plan is implemented. About 120 of the redundancies would be in Finland where the negotiations concern approximately 770 employees working in executive, manager and expert roles. Finnair has a total of approximately 5300 employees globally. The negotiations do not concern crew or other operative employees.
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Finnair CEO Topi Manner said: “Russia’s invasion of Ukraine and the closed Russian airspace have impacted our business significantly. Thus, in addition to other actions to restore Finnair’s profitability, we have to discuss measures that are, unfortunately, the most painful ones for our employees”.
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A social support programme to those who could lose their work, will be discussed in the negotiations. Finnair offered a social support programme to help in re-employment in 2020 for those who then lost their job at Finnair due to the situation caused by the pandemic. The programme gained good results.
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The change negotiations will start on October 5th and are estimated to take at least six weeks. Finnair is currently discussing with all its stakeholders about changes needed to restore Finnair’s profitability. This includes discussions with its employees on changes in employment terms which would reduce unit costs.
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On 28 September 2022 AFG Aviation Ireland Limited, a wholly-owned subsidiary of Aircraft Finance Germany GmbH (Germany), completed the acquisition of one Boeing 757-200F aircraft bearing MSN 25622, as well as one Rolls-Royce RB211 engine with ESN 30512 from a subsidiary of ASL Aviation Holdings DAC (Ireland) for its customer Airline Geo Sky (Tbilisi, Georgia).
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For the Georgian cargo airline, founded in 2017 and currently operating successfully two B747-200F aircraft, the newly added B757-200F will further contribute to the development of the airlines’ freighter network.
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Dr. Silke Maurer is taking over responsibility for the OEM Operations division at MTU Aero Engines AG as Chief Operating Officer (COO). At an extraordinary meeting on September 28, 2022, the MTU’s Supervisory Board appointed her to the company's Executive Board for a three-year term of office starting on February 1, 2023. OEM Operations covers most of the role of the present Chief Operating Officer, Lars Wagner, who will become CEO on January 1, 2023. He will remain responsible for Technology & Engineering and Sustainability in the future.
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Most recently, Maurer was Chief Operating Officer and a member of the Management Board of the Webasto Group, Munich. Prior to that, she held the same position at BSH Home Appliances GmbH, Munich. For almost 20 years of her career, Maurer, who has a doctorate in engineering, held various management positions in technical areas and human resources at BMW AG, Munich.
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With its real-time Cargo2ZERO suite of solutions and new CO2 efficiency score, CargoAi responds to growing market needs for greater visibility regarding CO2 emissions and enables freight forwarders to make informed green choices when booking online as well as engage in data driven conversation with its own customers.
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“Only if targets can be measured, can they be achieved. Our Cargo2ZERO suite of solutions is the result of a number of customer discussions over the past few years, which have confirmed the increasing importance of sustainability in business decisions. It is a prime example of Tech for Good,” says Magali Beauregard, Chief Commercial Officer of CargoAi. Specific shippers are requesting full transparency on CO2 emissions per AWB and many forwarders have set Scope 3 SBTI reduction targets which they are required to report on. Therefore, in addition to the new Cargo2ZERO report, CargoAi has also developed a CO2 Efficiency Score based on the IATA CO2 emissions standard. These tools will provide the basis for constructive discussion and will help the air cargo industry to bridge the gap between an intention for climate action and actual climate action.
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Sustainable change begins with informed decisions. As well as being able to filter the cheapest or fastest connections on the platform, CargoAi users can now sort capacity offers according to the greenest options. Alongside schedules and rates, forwarders can therefore also evaluate the shipment’s potential CO2 emissions. The sum of a forwarder’s decisions is visible in the Cargo2ZERO report which shows every booked AWB and its respective CO2 emissions. The system evaluates the overall CO2 emissions, calculates the forwarder’s Efficiency Score, and shows this in comparison to all other forwarders using the platform. With this industry-first visibility, CargoAi hopes to encourage forwarders in making the best available procurement decisions and consciously avoiding emissions.
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The Cargo2ZERO report can be accessed by forwarders on their dashboard within the CargoAi ecosystem or can be downloaded as a XLS/CSV file and retrievable at any given moment, as it is updated with every with every new shipment booked. It will initially provide a history stretching back over four months – a time-frame that will be extended as the report matures. The report can also be populated with an imported list of AWB numbers, for complete visibility.
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