Saudia adds bellyhold capacity on passenger routes

Saudia plans add bellyhold cargo services on routes to Munich and Maldives, its new passenger destination, in the coming weeks, the airline said in a statement. Saudia added that services to Ankara will start in the last quarter of 2016. Passenger bellyhold space of up to 30 tonnes will be available on the carrier’s Boeing 777 and Airbus A320/A330 passenger aircraft serving the new routes.

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Aviation Technology

Aircraft Engine Oils: Realizing Their Importance in Aircraft

Article | June 2, 2022

Airplane travel is one of the most convenient means of transportation. Consequently, air travel is growing, and aircraft need to be more efficient. Furthermore, in the aftermath of the pandemic, the aviation industry appears to be committed to ensuring a sustainable airflight future. So, for this, aircraft need to be more efficient in production costs and fuel consumption. An aircraft design depends on three of the most critical aspects. The first is the factor of reliability. Aviation is the only industry where it is impossible to overlook, rectify, or investigate a failed flight mechanism on the spot. The second factor is the need to minimize the weight and volume of its components to withstand load and fluctuating temperatures. And, the third factor is that it shows extreme concern from an environmental perspective. Temperatures on the ground can reach 60 °C and even -80 °C in the stratosphere, with supersonic aircraft reaching temperatures of over 200 °C. As a result of these factors, the aircraft lubrication system and its requirements are critical. From an economic perspective, servicing and maintenance are a significant part of airlines' expenses after the purchase. In addition, the replacement of parts can cause airplanes to remain grounded for an extended period. Such circumstances can lead to a loss of time and money simultaneously. From a safety aspect, failures at every level should be avoided. Failures like the shutdown of engines or breakage of engine parts can lead to aircraft failures or even crashes. So, by knowing all these issues around air travel, you can easily understand the interest in aircraft engine oil. An Innovative Lubrication System for Aircraft Engine Aircraft turbines revolve at up to 18,000 rpm (revolutions per minute). Due to this, internal temperatures can rise compared to the ambient temperature outside. So, aviation engines need an efficient oil-based lubricant to less pollute the environment and sustain long-distance air travel. Recently, researchers in the EU-funded ELUBSYS project developed a novel way to use specified aircraft engine oil to promote efficiency and reliability. For this, SAF (Sustainable Aviation Fuel) is in high demand. Moreover, the project's innovative oil production will also help reduce an airline’s operating and maintenance costs. In this way, Europe’s aircraft manufacturers are way ahead in supporting future aircraft engine development. “Aircraft engine turbines rotate at a very high speed with the help of the classic rubberized oil-seals used in the aircraft engine. The extremes of temperature and friction involved would destroy them. Yet aircraft engines need to stay lubricated.” -Vincent Thomas of Techspace Aero in Belgium Apart from this, the piston engine looks promising for the aviation piston engine industry. However, it seems like a piston engine holds an optimistic future in fuel economy. Now, with the inclusion of piston engines, there is more importance to using piston engine oil in the lubrication system for an aircraft engine. So, how piston engine will be the game-changer for aircraft? Piston Engine—A Game-Changer in Fuel Economy Numerous aviation firms are developing a new type of internal combustion engine. Such engines promise a notable boost in fuel economy while also plummeting greenhouse gas emissions. In addition, start-ups like EcoMotors, Achates Power, and Pinnacle Engines are building variations on piston engines with the help of specific piston engine oil. The engines serve as combustion chambers where fuel is ignited. That makes engines lighter in weight and faster in their operations with greater power density. In this way, piston engines result in less energy waste and thus operate more efficiently. “The technology is worthwhile. However, it is a completely different concept compared to conventional engines,” - Dean Tomazic, Vice President of FEV in Auburn. There are more success stories from the aviation piston engine industry. These stories predict that, indeed, aviation is going through a significant transformation. Another significant achievement comes from Pinnacle, based in San Carlos, Calif. It is developing a four-stroke, gasoline opposed-piston engine. The company’s founder, Monty Cleeves, invented a sleeve valve that ensures energy is used for propulsion instead of getting wasted after converting into heat. Functions of the Lubrication System for Aircraft Engine Oils What are the significant functions of lubricants in aviation oils and engines? It is the function that realizes the importance of things. Isn’t it? So, to realize the importance of aircraft engine oils, it’s crucial to show the potential of the aircraft lubrication systems. 1 Friction and Wear Reduction Lubricants reduce friction and wear in an aviation engine. The aircraft lubrication system deals with cooling, sealing, clearing, and fighting corrosion and rust in the engine. Airplanes that are used seldom need the thorough protection from rust and corrosion that good aviation oils can provide. Also, frequently flying airplanes need lubricants for smooth engine operations and functions to avoid failures. 2 Acts as a Cooling Agent But it is critical to use good aviation oils as lubricants. Oil is a heat-transform medium. Thus, a suitable oil should be used so that lubricants can keep the engine cool and smooth. 3 A life Saver of Aircraft Engines Lubricants help in extending the life span of an aircraft engine. If an aircraft uses good aviation oil, for example, SAF, biofuels, and more, then there are fewer chances of any engine repairs. In this case, piston engines are the best fit for aircraft with high demand. Piston engines use highly lubricant piston engine oils, which increase the longevity of aviation engines. Let’s look at some key takeaways from the market study of aircraft engine oil. Aircraft Engine Oil: Key Takeaways from its Market Study Commercial planes and business jets will likely witness high aircraft lubricant oil sales. According to IATA, mineral oil demand is expected to rise by 25% by 2030. Bio-based oils will dominate the aviation industry in response to soaring environmental concerns. Maintenance, repair, and operations (MRO) activities will emerge as crucial parts of aviation to drive the global aviation lubricant market. Lastly, what’s understood is that aircraft engine oil is the engine's lifeblood. Thus, the engine must function efficiently to encompass the length between overhauls. Frequently Asked Questions What does engine oil do in an aircraft? Engine oil functions as a coolant. Up to 40% of an aircraft’s cooling comes from engine oil. Oil creates a seal between the piston rings, which reduces wear and friction andprovides better compression with increased fuel efficiency. How is the engine oil lubricated? Engine oil is lubricated with seals using air, which holds back the oil. Air and oil need to be separated. The air eventually vents out in the form of heat. That is why good oil is necessary for aircraft for lubrication. What are the essential functions of engine oil? The essential functions of engine oil are: Minimizes friction and reduce wear Cleans the engine Transfers heat Prevents corrosion Forms a seal Cools the engine parts

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Business Aviation

New Podcast Explores GE Aviation Technologies for a Decarbonized Future of Flight

Article | January 7, 2022

This week, the GE Gas Power team launched season five of Cutting Carbon, their award-winning podcast that focuses on climate change, the basics of what decarbonization is and the technologies behind it. In season five, the team is focused on decarbonization closer to home and invited Arjan Hegeman, GE Aviation’s general manger for advanced technologies, to talk about the future of flight. Learn more about the role of GE Aviation’s technologies available today and in development for tomorrow to make aircraft engines more fuel efficient and reduce carbon emissions. Open fan, hybrid electric and hydrogen combustion are all discussed by Hegeman and the hosts. Over two episodes, Hegeman also explains the importance of Sustainable Aviation Fuel (SAF), along with the new engine technologies, to help the aviation industry reach its goal of net-zero carbon emissions by 2050. The Future of Flight is a two-part episode, and can be found as Episode 27 and Episode 28 under Cutting Carbon. You can listen to the podcast here or on your favorite streaming platform! The aviation industry is at an inflection point for new technology introduction and acceleration of technology development, Hegeman says. GE Aviation is currently developing its next-generation suite of engine technologies, including open fan engine architecture, hybrid-electric propulsion, and advanced thermal management concepts. GE Aviation is also supporting industry initiatives to approve and adopt 100% SAF and is partnering on a new flight demonstration program to test zero-carbon hydrogen fuel combustion. GE’s ambition is to be a net zero company by 2050, including the Scope 3 emissions from the use of sold products. GE is also committed to being carbon neutral by 2030 in its own facilities and operations, including Scope 1 and Scope 2 emissions.

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Defense and Space

4 Major Ways Aviation Can Transit Towards A Low Carbon Path

Article | June 8, 2022

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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Business Aviation

The Outlook of Aviation Industry’s Next Vision Beyond 2021

Article | August 31, 2021

The pandemic has caused a deeper level of disruption, which brought the aviation industry to a standstill for months. After facing long months of hardship, what vision and steps will be for airline recovery? This is a significant concern. This would now require complete planning over some crucial areas that form the pillars of the aviation industry. It is especially airline businesses that require a novel set of advancements to build operational confidence. As the industry is rebooting, technology is benefiting. Be it robotics, IoT, biometrics, seamless integration, automation, and more will aid businesses and their processes. Therefore, the industry’s next vision is being set according to the evolving changes in the airline industry due to covid-19. It will establish resilience and flexibility for businesses to adapt to changing conditions while improving efficiency. Here are the key considerations that will be seen as airline recovery curbing airline challenges to plan new avenues beyond 2021. Collaboration Collaboration in the aviation business landscape has been the most important consideration after the pandemic affected the industry. Keeping the vision of collaborating with stakeholders and the commercial airline industry to focus on business and customer confidence will restart operations safely. Collaboration in the future will have a better grasp and be more efficient because of better coordination of data sources being introduced currently. Collaboration becomes even more crucial in the coming years, where you will need updated and accurate information about your business operations. This vision will enhance chances of the following aspects as well: Customized Experience Leading to the modifications happening in the industry, you will be able to offer customized services to customers. Advanced integration functionalities will allow forming a contactless and personalized experience to curb the challenges prevailing. Providing transparent and reliable information to customers is one of the critical aspects of airline recovery and rebooting happening now. This is why a customized experience will aid airline businesses more safely in the coming years. Personalization Today, airlines, governments, and stakeholders are developing best practices for the immediate future of business with a greater focus on personalization throughout the service journey. It will help attract potential customers and end the general approach, which the industry was practicing before the pandemic. Monitoring To design a post-pandemic business model, you can look at the types of technological solutions and processes that have already been started and would emerge beyond 2021. It has been envisioned that airline industry analysis, coupled with monitoring, would allow businesses to manage resources more efficiently. In this way, deployment of the technology stack will be more accessible according to the need. This will strive to reduce crowds at airports and, therefore, effective management with the help of predicted monitoring will be in action. Digital Solutions The new normal in the aviation industry, using technology, would continue to ensure physical contact is diminished or might be eliminated in the future. Mandatory digital checks, implementation of digital platforms, contactless services, and information collected through mobile devices are some elements of the new business models. The industry's vision in the coming years is to demonstrate how it can use digital technology for transformation at scale. Advanced Processing System The next, the aviation industry foresees, is utilizing technology for automation, security, identity management, and robotics. Using these, you can develop attractive yet safe experiences for staff as well as customers. The advancing data processing system and management offer a seamless module for companies to handle risks, controls, handling, and tracking. The inclusion of the advanced system at the airport, airline companies will make the process function efficiently. And because of optimized coordination through automated touchpoints, chances of an increase in revenue will be higher and faster than before. Remote Processing The continuous advancement of airline activities will significantly support capacity limitations in the coming years. Because of this, you will have safer processing of data and information without any threats or breaches. The pandemic has put greater focus on the need for such a flexible approach with resilience. Also, it brings urgency to the availability of technology to use while going remote so that you can provide flexibility to your employees to work frictionless. The industry's vision in its plan is to unlock the full benefits of technology to access and initiate global coordination remotely. A Changed Way to do Business Today—Sustainability Companies operating in the airline business are still understanding to survive in the times of COVID-19. Being fast and evolving is the only way they realized to fight against the current situation. The new normal is bringing changes in the airline industry post covid. This will help the industry to get back its wings to forecast and set up its next vision in the future. Therefore, industry stakeholders need to quickly put immediate business restart efforts to focus on sustainable implementations. This will make the future actions of the aviation industry monitor and evaluate effectively well in response to the ongoing pandemic. Also, it would help them be ready to face even harsh circumstances if anytime it approaches. Frequently Asked Questions What are the risks to the aviation industry during COVID-19? The level of risk is on the rise in the COVID-19 situation at present in the aviation industry. It may affect the operation, new business models, management, monitoring, and evaluation more as remote work culture is hyped. What are the main sectors of the airline industry that need improvement? There are limited sectors in aviation. However, the main ones that need improvement are commercial aviation and business aviation. What are the crucial areas of operation in the aviation industry? Flight operations are crucial, including operation control, connectivity, network, data handling, integration, maintenance planning, and software. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "What are the risks to the aviation industry during COVID-19?", "acceptedAnswer": { "@type": "Answer", "text": "The level of risk is on the rise in the COVID-19 situation at present in the aviation industry. It may affect the operation, new business models, management, monitoring, and evaluation more as remote work culture is hyped." } },{ "@type": "Question", "name": "What are the main sectors of the airline industry that need improvement?", "acceptedAnswer": { "@type": "Answer", "text": "There are limited sectors in aviation. However, the main ones that need improvement are commercial aviation and business aviation." } },{ "@type": "Question", "name": "What are the crucial areas of operation in the aviation industry?", "acceptedAnswer": { "@type": "Answer", "text": "Flight operations are crucial, including operation control, connectivity, network, data handling, integration, maintenance planning, and software." } }] }

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Airware offers commercial drone solutions, enabling enterprises to take full advantage of aerial data for any business application. Airware’s solutions combine hardware, software, and cloud services to enable companies to efficiently manage and safely and reliably operate commercial drones at scale.

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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