CHC begins first Mariner flights for Statoil UK

Statoil UK Ltd and CHC Helicopter recently celebrated the inaugural flight to the Mariner field; Statoil’s first operated field development on the United Kingdom Continental Shelf. The flight left CHC’s Aberdeen Airport base this week heading for the Mariner B Floating Storage Unit. “We’re proud to partner with Statoil to support operations in the Mariner field,” said CHC’s regional director Mark Abbey. “With extensive experience of the North Sea environment our pilots, engineers and support teams look forward to providing a safe and reliable service for years to come.”

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Aerospace & Defence PEI (ADPEI)

Aerospace & Defence PEI is a non-profit, member based association working to facilitate the growth & development of PEI's Aerospace & Defence Industry. Working closely with industry and government partners, ADPEI facilitates and provides a forum to advance collaborative sector business development, marketing and workforce development initiatives on behalf of the collective sector in the Province. ADPEI also works collaboratively with its regional umbrella organization, the Atlantic Alliance of Aerospace & Defence Associations, in pursuit of joint regional marketing and sector development initiatives.

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Business Aviation

4 Major Ways Aviation Can Transit Towards A Low Carbon Path

Article | December 28, 2021

The aviation industry has allowed people to connect the world in unimaginable ways. Due to this, it has contributed massively to social and economic development globally. However, the aviation sector produces nearly 1.8% of annual carbon emissions. It is almost half of the total growth in carbon dioxide emissions in the last twenty years due to the expansion of flights, increasing routes, and airline sizes. In the loop, the commercial aviation sector has also been affected by climate change. The change is due to increased noise levels, air pollution, and waste production. According to the International Energy Agency (IEA), the industry recorded 2.8% of global CO2 emissions in 2019. But now, the industry has pledged to be carbon neutral by 2050 through a focus on a critical low-carbon strategy, says IATA. By looking at this futuristic development, airline businesses are becoming more and more optimistic. The Action Plan The aviation industry has taken steps to reduce rising carbon emissions. The industry had framed targets that included carbon-neutral growth before the pandemic. But the pandemic compelled the industry to make some critical decisions. One of them is to fasten the action plan for low-carbon development. McKinsey recently studied the industry’s emissions. According to the report, the industry's aviation emissions would be reduced by 18 to 35 percent by 2030. However, as the aviation industry’s growth is recorded from Asia, including India, China, and Southeast Asia, decarbonization can only work if airlines from these nations actively participate in the development. “For aviation, zero-carbon is a bold, audacious commitment. But it is also necessary.” -IATA Director General Willie Walsh Airlines and other businesses are under pressure to make rapid progress towards lower emissions. It is because breakthrough technology like hydrogen-powered planes has started manufacturing. For example, British Airways, Delta Air Lines, Inc., and United Airlines Holding Inc. have already made net-zero commitments by introducing hydrogen-powered planes. Similarly, JetBlue Airways Corp has set a target of 2040 to introduce low-carbon planes in no time. So, by looking at above comitments, how will aviation progress in terms of low-carbon development? What are those fundamental ways that’ll guide the industry to see a sustainable future in real life? 4 Ways Aviation will Look Forward to Reducing Carbon Emissions Green Fuel Aviation considers green fuel as one of the quickest paths to low carbon development. Green fuel can be a game-changer in lessening carbon emission impacts. But, furthermore, it can lead to drastic climate change. Green fuel, also known as sustainable aviation fuel (SAF), is made from renewable sources such as plants or waste. As per IATA, SAF can cut carbon emissions by nearly 80%. But specific concerns like cost and availability are equally essential to think about. For example, the United States and other countries consider subsidies to decrease prices and increase supplies. They are practicing this due to limited availability. Also, some airlines are blending small amounts into the fuel they buy for their aircraft. Other concerns, such as planes running properly on pure SAF, are also highlighted. In addition, flight engines based on petroleum fuel rely on their oily qualities to lubricate parts and function appropriately. So, it's unclear if green fuels offer that amount of strength in their engines to fly a flight. Despite so many heated concerns (that are valid), the industry still looks good as Boeing (BA.N) studies the above issue. It has even committed to ensuring its planes are certified for 100% SAF by 2030. 242 Lower Carbon Technologies Technological improvements to lower carbon emissions include retrofitting existing aircraft, adopting the latest fuel-efficient aircraft, retiring old aircraft, and others. Several ongoing electric or hybrid-electric aircraft technology projects are in the pipeline. They are being identified to enter the industry between 2022-2030. In contrast, some of them are already in service. Developments in Infrastructure The International Civil Aviation Organisation (ICAO) has created plans to reduce fuel burn and greenhouse gas emissions (GHGs). The plans have been forwarded to optimize communication, navigation, surveillance (CNS), and air transport management (ATM) regarding zero-carbon development. Apart from this, airlines are also working to align emission cuts with investments. Consumption of fuel usually covers 20-30% of operational costs. It is one of the highest costs of an airline business. So now airlines are considering adopting fuel-efficient flying and airport operations. Collaborations Today, aviation needs more stakeholders for a sustainable future. They can only increase the efficiencies and development of SAF. Stakeholders from technology providers, oil companies, and energy production could drive demand and help bridge the cost gap. For instance, airlines commit to buying SAF at a particular price or at a different price than traditional fuel jets. These factors could eliminate market risks for fuel suppliers. Next, airlines can work with B2B customers willing to pay for the decarbonization initiative. For example, airlines could use loyalty-program rewards as incentives for every customer to choose airlines that use SAF. Collaborations like these can help the industry accelerate its low carbon emission initiatives. These Top Airlines Commit to Using New Technologies Aviation industry leaders aim for 30% of the aircraft to operate with the help of new technologies by 2030. They strongly support the introduction of hydrogen and electric-powered planes to the market in order to reduce the industry's carbon footprint. So, let’s see the airlines and their commitment to creating a sustainable aviation future. Air New Zealand Air New Zealand’s initiatives such as True Target Zero accelerate the adoption of zero-emission aircraft worldwide. Air New Zealand is delighted to work with other industry leaders working towards net-zero goals. “Air New Zealand pledges to put low carbon solutions in place for all our smaller domestic and regional flights in the future. However, we know that the drive to decarbonize the aviation industry is impossible for one airline to tackle alone. Rather it’s a joint venture, and it's all about joining hands together.” -David Morgan, Chief Operational Integrity & Safety Officer, Air New Zealand Mokulele Airlines and Southern Airways Mokulele Airlines, the largest intra-state carrier in America, has already worked for many years as a maven to bring electrification to its air transportation system. “We are satisfied to join the World Economic Forum in seeking a global public commitment to promoting sustainable air travel.” -Stan Little, Chairman & CEO, Mokulele Airlines and Southern Airways Braathens Regional Airlines The airline has the ambition to make its flights fossil-free by 2030. The airline has included electric planes, and with its partnership with True Zero Aviation, it is taking steps to accelerate towards actual low carbon emissions. Can Aviation Make a Difference in the New Path of Development? There are a lot of positive aviation stories from all over the globe. However, aviation also has some barriers to the new path of low-carbon development. Nevertheless, aviation can undoubtedly make a difference by introducing technologies, implementing result-driven strategies, implementing the right tools, and many more. But from the customers' perspective, choosing to fly less can be another good reason to reduce an individual’s carbon pollution. The reduction can be up to 50% each year. So even avoiding long-distance flight travel could make a significant difference to aviation. Business travelers could adopt or choose to use virtual meeting technology. These could be other crucial factors limiting the carbon footprint in the atmosphere. Whatever you choose to opt for, it is high time to contribute to a more sustainable aviation sector for the future. Frequently Asked Questions How can airlines reduce their carbon footprint? Airlines can introduce more efficient aircraft. Efficiency in technological aspects, reduce flight delays, and increase the use of sustainable lower-carbon or alternative fuels. Also, investment plays a vital role here. They can invest in emissions initiatives and promote low-carbon travel. How can an airline achieve its carbon-neutral goals? An airline can explore hybrid and electric aircraft technology to reach carbon-neutral goals, reduce carbon emissions using SAF, and embrace fewer flight routes (distance). Do aircraft harm the atmosphere? Aircraft create very polluting elements and are highly challenging means of transport. Indeed, air traffic represents less than 2%-3% of the global CO2 emissions, yet it transmits direct CO2 emissions than cars on roads.

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Air Transport

How is 5G going to be Advantageous for Aviation Industry Despite Safety Alarms?

Article | July 26, 2022

The aviation industry is going through a lot of technological and operational transitions. Every day, new technologies in manufacturing, airports, passengers, security measures and more are being introduced or being implemented in the entire aviation ecosystem. 5G technology is one of the most critical technologies that is currently raising concerns. 5G technology is becoming a hot topic of discussion for governments worldwide in inferior ways. Many discussions are going on the shelf of safety of consumers. Similarly, there has been rising concern about the new 5G technology in the aviation industry. Yes. 5G technology promises to bring some of the best opportunities for airlines. But what will be its impact on airline safety? Before we discuss the 5G rollout, let's highlight its ability to benefit the busiest industry globally. The Ecosystem of 5G Multiple technologies play a vital role in 5G technology in terms of coverage, such as EDGE, IoT, SD-WAN, and more. The ecosystem is rapidly expanding, even the industry of suppliers to aviation. It includes device manufacturing, network supply and maintenance, system integration, testing, and more suppliers. IATA says with regard to the aviation industry, a projected $3.9 billion will be invested in 5G by 2026. Moreover, the projections are taking the entire industry to new altitudes. GSA also forecasts that the growth of 5G will be faster than 4G. The Impact of 5G on the Different Aviation Sectors The deployments and implementations of 5G can be profitable for every aviation sector if used appropriately. Speaking of the aviation sectors, the new 5G technology will transform the industry in four crucial areas. They are: Manufacturing Airports & Airlines Travel Security Manufacturing The manufacturing sector has massively developed partnerships with telecom players. The partnerships have led to the launch of 5G initiatives. Nokia and Lufthansa came forward for inspection of engine parts remotely. With AR visualization and 3D technology, customers can have a visual impact on cabin interiors. 5G technology is also being implemented to trace and track systems in aircraft parts and maintain of operations using transmissions, real-time signal processing, and more. Airports & Airlines With 5G technology, Gogo Business Aviation is developing new designs for antennas and modems. The designs will enable the world's first in-flight connectivity (IFC) and 5G air-to-ground (ATG) networks by 2022. “Towards the end of 2022, we will have sites built, and we will start flight testing,” -Mike Syverson, senior vice president of engineering at Gogo Gogo's 5G network will be limited to North America. It will be leveraging the existing 250 towers with its current 3G and 4G IFC networks. The 5G network will use spectrum in the 2.4 GHz band with the help of other booming technologies to provide the airplane-to-ground station link with higher bandwidth. Travel Viasat Inc. is known globally for offering broadband digital satellite communications, wireless networking services, and satellite communications products. Delta Airlines has partnered with Viasat for its next-generation Ka-band satellite in-flight connectivity (IFC) solution. Delta intends to integrate Viasat technology into 757-200 aircraft, A321ceo, and the 737-900ER (new aircraft) to provide customers with safe and secure air travel. Network Security The European Aviation Safety Agency (EASA) discloses that an average of 1,000 attacks per month occur on aviation systems. Thus, it is becoming a real threat to airport security, safety, and reputation. SmartSky Networks LLC is a leading satellite solution. It's also a wireless data and networking services provider globally. It caters to the commercial aviation industry. It offers its innovative air-to-ground inflight Wi-Fi network with 5G technology. In June 2021, Honeywell and SmartSky introduced their high-speed connectivity. They announced it for their business aviation operators in North America. The partnership agreement boosts seamless connectivity in the commercial aviation market. Looking at these developments made possible by the new 5G technology in the aviation industry, how has it become one of the industry's obstacles in terms of safety? Let's highlight the picture here. Aviation Has Expressed a Serious Concern The Federal Aviation Administration (FAA) has warned about significant safety concerns in the 5G wireless network setup roadmap. The plan for theusage of C-Band spectrum is the prime reason. 5G network operations can interfere with the radar altimeter performance of aircraft. "It is engaging with other agencies. So that aviation and 5G cellular technology can safely coexist." -A Federal Aviation Administration spokeswoman But with the modifications in the manufacturing processes of aircraft, the industry is encouraging manufacturers. Therefore, the manufacturers could conduct tests for 5G interference and modify aircraft designs. 5G Still Provides Hope for a More Friendly Flying Future Aviation has a 5G rollout despite having no proof. The rollout is about interfering with safety concerns. Instead, 5G in aviation is burgeoning the importance of safety and security more efficiently. The emphasis on safety and security is now even more powerful. Pilots have been equipped with high communication tools with air control towers, especially in weather or technical challenges. The new 5G technology is way near to providing superior in-flight bandwidth connectivity while improving operational efficiency. It is going to improve overall operational efficiency. Passengers will be able to take advantage of high-speed internet on planes. Also, business passengers can conduct their business activities while flying and saving precious time and effort. Frequently Asked Questions Is the new 5G technology harmful to airplanes? According to the FAA, aviation operators should be prepared for the possibility that 5G technology could interfere with transmitters. The effects of 5G could cause certain safety malfunctions for airplanes. This could affect flight operations as well. What are the disadvantages of 5G in aviation? Aviation is getting benefits from 5G technology. But there is always the other side of the coin. So, the disadvantages could be as follows: Obstructions in connectivity High costs of technology Operational hindrance Unmatched frequencies What is the market size of 5G in the aviation industry? The overall market size of 5G in the aviation market was valued at $698.45 million in 2020. Now, it’s projected to extent $4,682.12 million by 2030.

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Business Aviation

COVID TRAVEL RESTRICTIONS IMPACTING BUSINESS AVIATION

Article | January 28, 2022

While countries continue to implement new Omicron-related restrictions in response to the rising number of cases globally, a majority of these are in the form of enhanced COVID testing requirements – not travel bans. As a result, travel demand for popular peak-season destinations has remained strong, and over the past few days we’ve seen a BIG INFLUX in bookings as news trickles out that Omicron may be a less severe variant. If this continues, we expect to see another prolonged booking surge, so plan accordingly and get your requests in ASAP for best options – especially parking and hotels. While the new U.S. 24-hr testing requirement for return travel is tight, it’s not a big deal if you are prepared with an approved at-home testing kit (like Abbott BinaxNow, Qured, Ellume, etc.). Alternatively, our Trip Support Teams can help you identify testing providers abroad. Looking ahead to your missions in 2022, you may want to consider On-Aircraft COVID Testing for your N-registered aircraft. It’ll make international COVID testing MUCH easier on you and your passengers when at-home testing kits aren’t an option.

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Aviation Technology

AI-Powered Ingredients to Enhance Airline Customer Experience in 2022

Article | December 3, 2021

Experience is Everything—human or mechanical. But Get it Right. "AI's potential doesn't solely lie in its ability to improve business efficiency. Rather it lies in its ability to bridge the gap between businesses and customers. AI-powered communications enable for surged personalized and strengthening of information, stimulating customer trust and customer experiences." - Kevin Gosschalk, CEO, Arkose Labs, in a conversation with Media 7. Whether you make payments with a single tap in apps, ask Alexa to instruct in your smartphones, select Google assistance to find flights, or connect to airline companies, digital transformation is omnipresent. So, the appreciation comes naturally for how today's digital atmosphere transforms and affects our lives in every way. Yes, you heard that right! Using Google assistance to find flights is not the new way the industry uses AI. Instead, it has enhanced its way of AI usage into its process and operations. Like other businesses, aviation businesses are catching up well in using data and technology. With the help of these, they now create more compelling and prompter customer experiences. The developments and revenues in the global aviation industry are skyrocketing. The industry expects almost 8.2 billion passengers to fly around the world by 2037. The rising numbers are because of digital transformation. The most interesting thing is aviation now has to manage high expectations of digital-savvy customers. It will be even more interesting now! Before the blog breaks into discussing the futuristic airline customer experience, let's look at the flashback of the past customer experience scenarios (challenges) that prevailed in the airline industry. Past Customer Experience Scenario in Airline The aviation industry in 2018 recorded 4.4 billion passengers flying around the world. Furthermore, according to the IATA reports, the count is anticipated to reach 8.2 billion by 2037. But the industry is increasingly lacking behind in customer experience. Complex booking procedures and missing out on the best flight offers because of complex app/website navigation and other potential customer services are issues raised in air travel today. Apart from this, customers also raise concerns over inflight infotainment systems. The systems merely do their job. Therefore, as many airport terminals are still empty, customer service representatives are working harder to overcome such issues. As the industry has stepped into the fourth industrial revolution, AI rewards the best experiences for travels and other airline customer services. Now, airline marketers can find diverse AI-based digital solutions to sail through the cloud. And the findings are quite remarkable. Let's come to the part where you will know how AI is helping the aviation industry scale its customer services. How Can AI Enrich Airline and Scale Customer Services? Airlines that leverage AI customer experience have had a significant advantage during the pandemic time. Their insights have been put into enriching the entire aviation business. Let's understand the 'how.' Get Multiple Output in Seconds When the demand for air fly rise, offering immediate services for customer handling teams becomes stressful. However, with AI, instances like this get a perfect solution. AI can handle an infinite number of customers' demands at once. By leveraging AI-based digital solutions, you can scale up fulfilling airline operations in seconds. As a result, teams in your firm can easily diminish the increased demand for services and serve remarkable customer experience. The benefit of AI can also be seen crosswise support channels. For instance, WestJet's ticket volume surged by 71% on Facebook Messenger and WhatsApp during the beginning weeks of COVID-19 disruption in North America. However, the airline kept its response time low as its virtual agent Juliet ultimately resolved 87% of tickets. Identity New and Trending Issues Aviation is an industry of challenges. Issues and obstacles keep knocking on the door of airline companies. In such cases, AI informs if there are any trending issues over channels. For example, during the COVID-19 outbreak, new onboard safety issues and questions towards social distancing surfaced for the first time. However, airlines have never come through about social distancing. So, by leveraging AI, they created a responsive plan for customers. They communicated the same through AI-enabled solutions on websites and applications. In response to the coronavirus, Gartner suggests that companies should use chatbots in digital channels to focus on the most ordinarily asked questions to give solutions for customers. Feedback Analysis Air travel can be stressful at times, even for frequent and experienced travelers. For example, it could be passport-related or booking tickets, baggage checks, ticket prints, arrivals, departures, seat assistance, etc. So, by analysis of data, artificial intelligence in customer experience learns about these pain points of airports and flight experiences. In this way, customer experience can be improved and enhanced simultaneously. Then comes feedback. Using AI for feedback analysis, airlines can research the market. It can make informed decisions related to processes and operations. "AI systems can quickly allow airlines to discover opportunities to intervene in the customer journey and turn a miserable experience into a delightful one. It also allows companies to respond faster in a synchronized and regulated way that is uniform with the business's values. Ultimately, we want to understand how an airline can fascinate a customer as well as where there is an abrasion in the customer journey and figure out how to fix it," - CEO of PureStrategy Inc. Briana Brownell Briana highlights the growing relevance of natural language used in AI. Understanding technology in the processing and analysis of customer experience data thus allows businesses to explore the customer journey in their own words. For example, ANIE, an AI assistance, can help customers find, book, and pay for flights. Effective Communication The speed of responsive communication to customer queries is highly considered to resolve issues. For example, airport issues like flight delays or baggage loss crop up quite often throwing. As a result, travelers usually get into a state of nervousness. However, when they do not get a response or explanation to their problems, they start considering other airlines for their future trips. In these cases, AI software deployment can speed up and simplify services, automatically enhancing airline customer experience. In addition, effective customer emails with exact information can also solve significant issues and streamline employees' workflow using natural text. Another way to automate and improve airline customer experience is chatbot development. Today, many airlines enhance their customer support with AI-powered chatbots on their websites and mobile applications. The Business Insider’s research report says that by 2022, over 80% of airline businesses are likely to have chatbot automation implemented in operations. These chatbots help passengers with bookings, managing flight schedules, and updating customers about general flight information. In addition, they can post queries and other types of assistance to get quick responses. Self-Services at Airports Easy self-check-ins, ticket booths, and overall communication (from booking to destination arrival) add to the comprehensive AI-based digital solutions. The pandemic forced the aviation industry to witness the extraordinary rise of numerous contactless technologies. So, airports are now more focused on providing self-services for customers. These include contactless payments, luggage checks, robotic assistance for queries, and more like these. Self-service systems in airports are critical automated systems. AI technology is installed to automate passenger journeys without any hurdles. Today, airline companies and airports implement an end-to-end solution using artificial intelligence in customer experience to facilitate smooth passenger air travel and operations. In case of point, Delta Airlines, one of the world's largest global airlines, uses intelligent systems such as Fly to Gate by Thales. The system works with biometrics technology. The employees use it for the document scanning process to recognize and verify passengers at security checks. Such technology reduces passenger check-in time and improves customer experience. Future of AI Customer Experience in Airline Industry There are many shreds of evidence that customers increasingly want a personal touch with their communications. They adore personalized services. Even airline companies are seeking profound connections with their customers. And this is the right time to act by offering personalized customer experiences. Today, AI makes it possible for the entire airline industry to enhance customer experience with automation, provide self-service solutions, ensure safe air travel, and more. Technology is a powerful tool for airlines to make informed decisions that they couldn't take in the past few years. Now airlines can make decisions faster on essential decisions such as on pricing of tickets by analyzing data, enabling secure authentication of customers than before. Ultimately, the success of artificial intelligence in customer experience is driven by having a deep understanding of different customer segments. By harnessing the power of conversational AI, airline businesses can improve their ROI, nurture long-term customer relationships, metrics being the core elements. Frequently Asked Questions How can airline companies improve their customer experience? To improve customer experience, airline companies can follow these ways: Focus on knowing the target audience Meet unique and specific customer needs Keep customers engaged on social media platforms Make smart customer-targeted decisions Be responsive towards customers How does AI play its role in aviation concerning customer experiences these days? AI plays a crucial role in helping customers in aviation to find the correct information more efficiently. It actively helps analyze customers' data and recommend services based on their browsing preferences about flights. How does AI improve customer experience? AI enables the power to strengthen customer engagement, encourage activities, and improve customer retention. Although not a replacement for human beings, it does help increase the efficiency of serving — like answering frequently asked questions, providing the correct information, and being available 24*7. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "How can airline companies improve their customer experience?", "acceptedAnswer": { "@type": "Answer", "text": "To improve customer experience, airline companies can follow these ways: Focus on knowing the target audience Meet unique and specific customer needs Keep customers engaged on social media platforms Make smart customer-targeted decisions Be responsive towards customers" } },{ "@type": "Question", "name": "How does AI play its role in aviation concerning customer experiences these days?", "acceptedAnswer": { "@type": "Answer", "text": "AI plays a crucial role in helping customers in aviation to find the correct information more efficiently. It actively helps analyze customers' data and recommend services based on their browsing preferences about flights." } },{ "@type": "Question", "name": "How does AI improve customer experience?", "acceptedAnswer": { "@type": "Answer", "text": "AI enables the power to strengthen customer engagement, encourage activities, and improve customer retention. Although not a replacement for human beings, it does help increase the efficiency of serving — like answering frequently asked questions, providing the correct information, and being available 24*7." } }] }

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Spotlight

Aerospace & Defence PEI (ADPEI)

Aerospace & Defence PEI is a non-profit, member based association working to facilitate the growth & development of PEI's Aerospace & Defence Industry. Working closely with industry and government partners, ADPEI facilitates and provides a forum to advance collaborative sector business development, marketing and workforce development initiatives on behalf of the collective sector in the Province. ADPEI also works collaboratively with its regional umbrella organization, the Atlantic Alliance of Aerospace & Defence Associations, in pursuit of joint regional marketing and sector development initiatives.

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Commercial Aviation, Airport Management

Aviation Capital Group Announces Delivery of One A320neo to SAS

Business Wire | January 25, 2024

Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

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Airport Management

Breeze Airways™ Inaugurates New Service From Jacksonville International Airport, Announces Partnership With Minor League Baseball’s Jumbo Shrimp

Breeze Airways | May 20, 2022

Breeze Airways, the Seriously Nice™ low-fare airline founded by aviation entrepreneur David Neeleman, officially inaugurated service from Jacksonville International Airport today with a nonstop flight to Richmond, VA. Richmond marks the first of eight new routes to be added from Jacksonville this summer, with fares starting as low as $49 one way. On May 27, Breeze will add nonstop service to four cities: Columbus, OH; New Orleans, LA; Providence, RI; and Norfolk, VA. The airline will then connect Jacksonville with Hartford, CT on June 3; Westchester, NY on June 30; and Las Vegas, NV on September 8. We’re thrilled to launch the first of eight new routes from Jacksonville today, Breeze connects cities with nonstop flights where only connecting service has been offered by other airlines -- and Jacksonville is an underserved market which deserves many more nonstops. We’re looking forward to giving our Northeast Florida Guests many more nice, convenient, and affordable flights to their favorite destinations.” David Neeleman, Breeze Airways’ Chairman and CEO. “We are so excited for Breeze Airways to take-off in Jacksonville,” Jacksonville Aviation Authority CEO Mark VanLoh said. “They will provide nonstop flights to some of the airport’s largest unserved markets at reasonable fares. As Northeast Florida continues to grow, we look forward to Breeze growing with us.” In celebration of its inaugural service from Jacksonville, Breeze also announced a partnership with the Jacksonville Jumbo Shrimp, the Triple-A Minor League Baseball affiliate of the Florida Marlins, furthering its commitment to the Jacksonville metropolitan area. “The Jumbo Shrimp are thrilled to welcome Breeze to the Jacksonville market and excited to get our partnership going following the first flight from Jacksonville International Airport,” remarked EVP/GM of the Jumbo Shrimp Harold Craw. “The Breeze mantra of ‘Seriously Nice’ aligns perfectly with the fan-centric, affordable family fun that we as the Jumbo Shrimp strive to bring to Northeast Florida.” The new partnership will be celebrated at the Jumbo Shrimp game against the Durham Bulls on May 19 at 7:05 p.m. EDT, when Danny Cox, Breeze Vice President of Guest Empowerment and Airport Operations, throws out the ceremonial first pitch. Breeze will operate the new Jacksonville routes with its fleet of both Airbus A220s and Embraer 190s. The airline plans to more than double its fleet this year, from 13 Embraer 190 and 195 aircraft to 30 aircraft, including 14 Airbus A220s and three additional Embraer E-jets. Breeze has ordered 80 new Airbus A220-300 aircraft, that will be delivered one per month over the next six years, with options for 40 more. Breeze’s initial A220 aircraft deliveries will feature 126 seats, including 36 First Class in a two-by-two configuration, 10 Extra Legroom seats, and 80 Standard Economy seats in a two-by-three configuration. The A220 seat configuration is dynamic however and later deliveries will offer 137 total seats, 12 First Class seats, 45 Extra Legroom seats and 80 Standard Economy seats onboard. About Breeze Airways Breeze Airways began service in May 2021 primarily in the east and southeast of the United States, but is expanding west across the U.S. with 90 routes between 31 cities in 18 states. Founded by aviation entrepreneur David Neeleman, Breeze is a low fare carrier offering “new, nice and nonstop flights” between secondary airports, bypassing hubs for shorter travel times. Breeze’s mission is to make the world of travel simple, affordable and convenient, using technology, ingenuity and kindness to improve the travel experience. With seamless booking, no change or cancellation fees, up to 24-months of reusable flight credit and customized flight features delivered via a sleek and simple app, Breeze makes it easy to buy and easy to fly.

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Aerospace

L2 Aviation and FEAM AERO Announce Strategic Alliance

L2 Aviation | April 29, 2022

L2 Aviation, a leading supplier of global avionics services including engineering, parts, certification, installation, maintenance, AOG support and manufacturing announced today the signing of a strategic alliance with FEAM AERO, a leading supplier of aircraft line maintenance services with 42 line service stations world-wide and two independent heavy maintenance hangars in Cincinnati and Miami. "Partnering with L2 Aviation provides both our domestic and international customers access to an even broader array of highly technical, avionics services. We look forward to working with L2 and leveraging our complimentary capabilities to the benefit of our respective customers." Dan Allawat, Chief Strategy Officer at FEAM "The ability to blend our global avionics modification and AOG services with FEAM's exceptional aircraft maintenance network provides our customers with unparalleled support," said Tony Bailey, Chief Operating Officer at L2 Aviation." Additionally, our companies are aligned in our belief that we have to continuously innovate solutions that matter to our employees and customers to make a positive difference in their lives. It is truly an honor to partner with the incredible FEAM team!" About FEAM AERO FEAM AERO is the largest leading provider of aircraft line maintenance services in the United States. FEAM has maintenance bases at 42 locations globally, including two hangar facilities, and employs a growing workforce of over 1,300 Aircraft Maintenance Technicians and Engineers. Over the years, FEAM has diversified its MRO portfolio to include Line Maintenance, Technical Training, Global AOG Support, Technical Support Services, and Base Maintenance. Our full line of services ensures our customers meet their mission goals and mitigate AOG ground time. FEAM holds EASA/FAA Maintenance Organization Approvals and approvals from several other domestic and international aviation regulatory authorities. About L2 Aviation L2 Consulting Services, Inc., doing business as L2 Aviation (www.l2aviation.com), with locations in Austin, Texas and Cincinnati, Ohio, provides global aircraft modification support services including avionics engineering, system design, repair, certification, kitting and installation for airline, government, military and business aviation customers. L2 Aviation specializes in complex avionics solutions and remote installations focused on reducing down-time and mitigating crew workload.

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Commercial Aviation, Airport Management

Aviation Capital Group Announces Delivery of One A320neo to SAS

Business Wire | January 25, 2024

Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs. To learn more about the aircraft leasing and aircraft management services offered by ACG, visit www.aviationcapitalgroup.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable federal securities laws. Any such statements, other than statements of historical fact, are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Accordingly, such statements are not guarantees or assurances of any aspect of future performance. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

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Airport Management

Breeze Airways™ Inaugurates New Service From Jacksonville International Airport, Announces Partnership With Minor League Baseball’s Jumbo Shrimp

Breeze Airways | May 20, 2022

Breeze Airways, the Seriously Nice™ low-fare airline founded by aviation entrepreneur David Neeleman, officially inaugurated service from Jacksonville International Airport today with a nonstop flight to Richmond, VA. Richmond marks the first of eight new routes to be added from Jacksonville this summer, with fares starting as low as $49 one way. On May 27, Breeze will add nonstop service to four cities: Columbus, OH; New Orleans, LA; Providence, RI; and Norfolk, VA. The airline will then connect Jacksonville with Hartford, CT on June 3; Westchester, NY on June 30; and Las Vegas, NV on September 8. We’re thrilled to launch the first of eight new routes from Jacksonville today, Breeze connects cities with nonstop flights where only connecting service has been offered by other airlines -- and Jacksonville is an underserved market which deserves many more nonstops. We’re looking forward to giving our Northeast Florida Guests many more nice, convenient, and affordable flights to their favorite destinations.” David Neeleman, Breeze Airways’ Chairman and CEO. “We are so excited for Breeze Airways to take-off in Jacksonville,” Jacksonville Aviation Authority CEO Mark VanLoh said. “They will provide nonstop flights to some of the airport’s largest unserved markets at reasonable fares. As Northeast Florida continues to grow, we look forward to Breeze growing with us.” In celebration of its inaugural service from Jacksonville, Breeze also announced a partnership with the Jacksonville Jumbo Shrimp, the Triple-A Minor League Baseball affiliate of the Florida Marlins, furthering its commitment to the Jacksonville metropolitan area. “The Jumbo Shrimp are thrilled to welcome Breeze to the Jacksonville market and excited to get our partnership going following the first flight from Jacksonville International Airport,” remarked EVP/GM of the Jumbo Shrimp Harold Craw. “The Breeze mantra of ‘Seriously Nice’ aligns perfectly with the fan-centric, affordable family fun that we as the Jumbo Shrimp strive to bring to Northeast Florida.” The new partnership will be celebrated at the Jumbo Shrimp game against the Durham Bulls on May 19 at 7:05 p.m. EDT, when Danny Cox, Breeze Vice President of Guest Empowerment and Airport Operations, throws out the ceremonial first pitch. Breeze will operate the new Jacksonville routes with its fleet of both Airbus A220s and Embraer 190s. The airline plans to more than double its fleet this year, from 13 Embraer 190 and 195 aircraft to 30 aircraft, including 14 Airbus A220s and three additional Embraer E-jets. Breeze has ordered 80 new Airbus A220-300 aircraft, that will be delivered one per month over the next six years, with options for 40 more. Breeze’s initial A220 aircraft deliveries will feature 126 seats, including 36 First Class in a two-by-two configuration, 10 Extra Legroom seats, and 80 Standard Economy seats in a two-by-three configuration. The A220 seat configuration is dynamic however and later deliveries will offer 137 total seats, 12 First Class seats, 45 Extra Legroom seats and 80 Standard Economy seats onboard. About Breeze Airways Breeze Airways began service in May 2021 primarily in the east and southeast of the United States, but is expanding west across the U.S. with 90 routes between 31 cities in 18 states. Founded by aviation entrepreneur David Neeleman, Breeze is a low fare carrier offering “new, nice and nonstop flights” between secondary airports, bypassing hubs for shorter travel times. Breeze’s mission is to make the world of travel simple, affordable and convenient, using technology, ingenuity and kindness to improve the travel experience. With seamless booking, no change or cancellation fees, up to 24-months of reusable flight credit and customized flight features delivered via a sleek and simple app, Breeze makes it easy to buy and easy to fly.

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Aerospace

L2 Aviation and FEAM AERO Announce Strategic Alliance

L2 Aviation | April 29, 2022

L2 Aviation, a leading supplier of global avionics services including engineering, parts, certification, installation, maintenance, AOG support and manufacturing announced today the signing of a strategic alliance with FEAM AERO, a leading supplier of aircraft line maintenance services with 42 line service stations world-wide and two independent heavy maintenance hangars in Cincinnati and Miami. "Partnering with L2 Aviation provides both our domestic and international customers access to an even broader array of highly technical, avionics services. We look forward to working with L2 and leveraging our complimentary capabilities to the benefit of our respective customers." Dan Allawat, Chief Strategy Officer at FEAM "The ability to blend our global avionics modification and AOG services with FEAM's exceptional aircraft maintenance network provides our customers with unparalleled support," said Tony Bailey, Chief Operating Officer at L2 Aviation." Additionally, our companies are aligned in our belief that we have to continuously innovate solutions that matter to our employees and customers to make a positive difference in their lives. It is truly an honor to partner with the incredible FEAM team!" About FEAM AERO FEAM AERO is the largest leading provider of aircraft line maintenance services in the United States. FEAM has maintenance bases at 42 locations globally, including two hangar facilities, and employs a growing workforce of over 1,300 Aircraft Maintenance Technicians and Engineers. Over the years, FEAM has diversified its MRO portfolio to include Line Maintenance, Technical Training, Global AOG Support, Technical Support Services, and Base Maintenance. Our full line of services ensures our customers meet their mission goals and mitigate AOG ground time. FEAM holds EASA/FAA Maintenance Organization Approvals and approvals from several other domestic and international aviation regulatory authorities. About L2 Aviation L2 Consulting Services, Inc., doing business as L2 Aviation (www.l2aviation.com), with locations in Austin, Texas and Cincinnati, Ohio, provides global aircraft modification support services including avionics engineering, system design, repair, certification, kitting and installation for airline, government, military and business aviation customers. L2 Aviation specializes in complex avionics solutions and remote installations focused on reducing down-time and mitigating crew workload.

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Events