Twelve and Alaska Airlines to collaborate with Microsoft to advance sustainable aviation fuel derived from recaptured CO2 and renewable energy
Carbon transformation company Twelve, Alaska Air Group Inc. (NYSE: ALK), and Microsoft Corp. (Nasdaq: MSFT) have signed a Memorandum of Understanding (MOU) to collaborate on advancing the market for sustainable aviation fuels (SAF) to include fuels derived from recaptured CO2 and renewable energy, and working toward the first commercial demonstration flight in the United States […]
Air France-KLM and Apollo sign a definitive agreement for a EUR 500 million investment into an ad hoc operating affiliate of Air France owning spare engines
Air France-KLM and Apollo Global Management (NYSE: APO) announced the signing of a definitive agreement for Apollo-managed funds and entities to make a EUR 500 million investment into an ad hoc operating affiliate of Air France that will own a pool of spare engines dedicated to the airline’s Engineering and Maintenance activities. Under this agreement, […]
Premature Return to Pre-Pandemic Slot Rules Risks Continued Passenger Disruption
The International Air Transport Association (IATA) expressed concern that a premature return to pre-pandemic slot use rules in the EU this winter risks continuing disruption to passengers. The European Commission has announced it intends to return to the longstanding 80-20 slot use rule, which requires airlines to operate at least 80% of every planned slot […]
American Airlines Receives Aviation Industry’s First-ever CORSIA-certified Sustainable Aviation Fuel From Neste
For the first time in aviation history, a CORSIA-certified batch of sustainable aviation fuel (SAF) was delivered to a commercial airline. American Airlines took possession of a batch of Neste MY Sustainable Aviation FuelTM at San Francisco International Airport. Neste is the world’s leading SAF producer and delivered the batch as a part of a […]
Air Canada Named One of Canada’s Best Employers for Diversity by Forbes
Air Canada has been recognized as one of Canada’s Best Diversity Employers by Forbes in its inaugural ranking of Canadian companies. According to Forbes, this award demonstrates «excellent leadership and success» and «signifies to potential employees that Air Canada’s brand belongs to the top performers». «We are thrilled with this recognition, as we value diversity, […]
Air Canada and Emirates Form Strategic Partnership
Air Canada and Emirates today announced the signing of a strategic partnership agreement that will create more options for customers when travelling on the carriers’ networks while also enhancing the customer experience throughout the journey. Air Canada and Emirates today announced the signing of a strategic partnership agreement. (CNW Group/Air Canada) Air Canada and Emirates […]
May Air Cargo Buoyed by Easing of Omicron Restrictions in China
The International Air Transport Association (IATA) released May 2022 data for global air cargo markets showing that the easing of Omicron restrictions in China helped to alleviate supply chain constraints and contributed to a performance improvement in May. Note: We returned to year-on-year traffic comparisons, instead of comparisons with the 2019 period, unless otherwise noted. […]
International Travel Drives May Air Traffic Recovery
The International Air Transport Association (IATA) announced passenger data for May 2022 showing that the recovery in air travel accelerated heading into the busy Northern Hemisphere summer travel season. Note: We have returned to year-on-year traffic comparisons, instead of comparisons with the 2019 period, unless otherwise noted. Owing to the low traffic base in 2021, […]
Volaris Reports June 2022 Traffic Results: 11% YoY demand growth with an 84% Load Factor
Volaris (the «Company») (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States, Central, and South America, reports its June 2022 preliminary traffic results. In June 2022, Volaris’ capacity (measured in ASMs) increased 17.2% compared to June 2021, while demand (measured in RPMs) increased 10.9% compared to the same period; the result […]
Korean Air cargo chief talks up airline’s cargo focus
In early February 2020 news of a novel coronavirus from the Chinese city of Wuhan began gaining prominence. At the Seoul headquarters of Korean Air, a meeting was called and a decision was made: the airline would shift its focus to cargo, and start the process of converting passenger aircraft into temporary freighters. The airline’s […]
