‘Canadian air travel is too expensive’: WestJet CEO

The CEO of WestJet (opens in a new tab)believes the reason the ultra low-cost airline model struggles to get off the ground in Canada is due to the country’s geography. Alexis von Hoensbroech visited Atlantic Canada this week and spoke with CTV’s Todd Battis about wide-ranging issues affecting WestJet and the larger airline industry on […]

Lufthansa Group and Tata Communications Forge Sustainability Partnership

Tata Communications, a global digital ecosystem enabler, has joined Lufthansa Group‘s Corporate SAF program with a bulk purchase of SAF for its corporate travel needs. The SAF agreement is the first of its kind by a corporate customer in India and Tata Communications has further communicated its interest of investing in SAF on a yearly […]

Winner of the IATA and AWS Diversity & Inclusion Datathon Announced

The International Air Transport Association (IATA) and Amazon Web Services (AWS) announced that SMBC Aviation Capital is the winner of the first IATA and AWS Diversity & Inclusion Datathon. The Winner The SMBC Aviation Capital solution demonstrated a positive correlation between gender balance on airline senior management teams and Environmental, Social and Governance (ESG) scores […]

Boeing Forecasts Demand for 42,600 New Commercial Jets Over Next 20 Years

With a resurgence in international traffic and domestic air travel back to pre-pandemic levels, Boeing [NYSE: BA] today projected global demand for 42,595 new commercial jets by 2042, valued at $8 trillion. Boeing released its 2023 Commercial Market Outlook (CMO), the company’s forecast of 20-year demand for commercial airplanes and services, in advance of the […]

Air Travel Growth Continues in March

The International Air Transport Association (IATA) announced strong demand growth in air travel for March 2023. Total traffic in March 2023 (measured in revenue passenger kilometers or RPKs) rose 52.4% compared to March 2022. Globally, traffic is now at 88.0% of March 2019 levels. Domestic traffic for March rose 34.1% compared to the year-ago period. Total March […]

United Announces $15 Million Investment in Carbon Capture Company Svante

United announced its $15 million investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that has the potential to convert CO2 removed from the atmosphere and from industrial emission sources into sustainable aviation fuel (SAF). This is the latest announced investment from the new UAV Sustainable […]

Sustainable Aviation Is Key To Meeting Demand

Continued and growing demand for commercial air travel is the key driver of the aviation sustainability discussion and the COVID-19 crisis only emphasized the importance of ensuring that demand can be addressed sustainably. In a panel discussion on sustainable aviation at the Routes Americas 2023 conference, an aircraft manufacturer, airport manager and a specialist in […]

United Rallies Businesses and Consumers with New, First-of-its-Kind $100+ Million Sustainable Flight Fund

In an effort to rally businesses and consumers, United today launched the United Airlines Ventures Sustainable Flight Fund SM, a first-of-its-kind investment vehicle designed to support start-ups focused on decarbonizing air travel by accelerating the research, production and technologies associated with sustainable aviation fuel (SAF). The fund starts with more than $100 million in investments […]