AIRPORT MANAGEMENT

Airborne Capital’s Aircraft Portfolio Management in The Hands of LeaseWorks Software

LeaseWorks | March 14, 2022

Aircraft Management
LeaseWorks® is one of the leading providers of cloud-based services and solutions for the aviation industry. LeaseWorks®, during the ISTAT Americas conference, announced that Airborne Capital Limited deployed its Aeris Asset™ management software to streamline the Irish Lessor’s aircraft portfolio management. Airborne Capital Limited specializes in aircraft leasing and asset management.

The partnership with LeaseWorks® will enhance Irish Lessor’s Asset Management, Technical, Contract, and, Finance capabilities.

Airborne Capital managed its aircraft portfolio through several systems to handle and share critical asset information. Airborne Capital has fifty-eight aircraft in its portfolio. The company is scaling its potential and needs an automated system that can hold its technical, contract, and financial processes for asset management to work efficiently.

The market for off-the-shelf solutions with an adaptable framework to accommodate and enhance the business’s rapid growth is soaring. LeaseWorks’ Aeris Asset management platform is the all-in-one solution to meet these required automations.

Donna Marie O’Neill, Head of Operations at Airborne, said that Aeris Asset management software is the best platform to address and enhance all the requirements at Airborne. “Managing customer portfolios through spreadsheets and depending on manual processes hinders the potential for scaling a platform. LeaseWorks® software enabled us with the right combination of cloud, mobile accessibility, and easy user experience.”

LeaseWorks’ Aeris Asset helped Airborne at:
  • Information transparency with easily accessible lease and asset information
  • Automated reporting
  • Reduced risk of errors
  • Timely and accurate operational transactions
  • Streamline portfolio management by replacing manual processes and spreadsheets
   
Archana Sukumar, Customer Success Manager at LeaseWorks®, stressed the importance of standardized data entry processes. Archana and her team worked closely with Airborne to gather and document processes, customizing the system’s configuration to meet the lessor’s specific requirements.

“The implementation and assistance was best-in-class at LeaseWorks. Now we are able to automate our invoicing and on-demand management reports, said O’Neill.”

Utilizing the flexibility of the Aeris Asset platform, Airborne implemented an approval process across third-party service providers. Additionally, Airborne implements easy-to-configure, profile-level restrictions, sharing information with external users and investors. As a result, Airborne can now provide better accountability and transparency to its financial investors.

“We will continue to strengthen our partnership with Airborne through collaboration and adapting to various products and solutions to meet their evolving needs.”

Haseem Vazhayil, the CEO, LeaseWorks

Spotlight

Today’s jet fuel impacts the environment. A proven alternative fuel - named Sustainable Aviation Fuel -  can reduce lifecycle CO2 emissions compared to conventional fuel. SAF is one of the aerospace industry’s best decarbonisation solutions which can help for the betterment of our planet.  So what is sustainable aviation fuel?

Spotlight

Today’s jet fuel impacts the environment. A proven alternative fuel - named Sustainable Aviation Fuel -  can reduce lifecycle CO2 emissions compared to conventional fuel. SAF is one of the aerospace industry’s best decarbonisation solutions which can help for the betterment of our planet.  So what is sustainable aviation fuel?

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AEROSPACE, AVIATION TECHNOLOGY

Alder Fuels and Enviva Partner to Further Scale and Commercialize Sustainable Aviation Fuel Supply Chains

Enviva | September 12, 2022

Enviva Inc, the world’s leading producer of sustainably sourced woody biomass, and Alder Fuels, a clean tech developer and greencrude producer, have signed a contract for the long-term, large-scale supply of woody biomass from Enviva, which sources low-value fiber, such as forest byproducts like tree tops, limbs, and commercial thinnings, to further commercialize the supply of sustainable aviation fuelToday’s agreement would make Enviva an exclusive supplier of up to 750,000 metric tons per year of sustainably sourced woody biomass to Alder’s first Alder Greencrude (AGC) production facility, soon to be under construction in the southeastern United States. The supply of sustainably sourced woody biomass feedstock by Enviva is expected to commence in 2024, which will meet rigorous sustainability criteria, subject to independent, third-party audits and certifications. Backed by Honeywell UOP, United Ventures, AvFuel, Boeing, U.S. Defense Logistics Agency, the U.S. Department of Energy, and the National Renewable Energy Laboratory, AGC can be refined using existing infrastructure into low-carbon to carbon-negative SAF that matches petroleum-based equivalents on specification and performance. "Decarbonization of our entire economy is driving massive demand for the next generation of sustainably sourced renewable fuels. The size of the market for our product is equal to the petroleum market it replaces. With AGC technology, the challenge of meeting this demand is no longer industry willpower or commercial interest; it is having ready access to diverse, highly accredited, and sustainably produced sources of biomass. Today’s announcement brings us one step closer towards achieving that aim, while benefiting the communities in which we operate." Bryan Sherbacow, Alder Fuels’ President & CEO“ The announcement represents a major milestone in the rapid acceleration and scaling up of low-carbon transportation fuels with the potential to fundamentally change the future of flying and other modes of transport over time. In March 2021, major U.S. airlines committed to achieving net-zero carbon emissions by 2050, which was reinforced by an announcement in October 2021 by the world’s airlines and aviation community. Recognizing the scaling up of SAF is critical to meeting such aggressive climate goals, the White House launched the “SAF Grand Challenge,” with goals to have 3 billion gallons of SAF produced in the U.S. by 2030 and augmenting to 35 billion gallons by 2050. The recent passage of the Inflation Reduction Act (IRA) into law amplifies the U.S. commitment to SAF by providing tax credits for every gallon of SAF produced based on lifecycle greenhouse gas emission reduction percentages. Further, the IRA extends and modifies the tax credit for the production of renewable energy from biomass and other technologies. Europe is pursuing similar policy initiatives such as ReFuelEU, with the European Parliament voting in support of draft rules to require SAF to account for at least 85 percent of European Union (EU) aviation fuel by 2050. Similarly, the United Kingdom announced the introduction of a SAF mandate, requiring at least 10 percent of jet fuel to be produced sustainably by 2030. Major U.S. airlines have been seeking opportunities to collaborate with other industries to deliver commercial solutions to sustainable aviation at scale, with such initiatives accelerating over the past two years as they individually, and collectively, committed to becoming carbon neutral. In fact, United Airlines has already committed to purchase 1.5 billion gallons of SAF from Alder Fuels when produced to the airline’s requirements. United Airlines’ commitment represents purchasing more than twice as much SAF as the rest of the world’s airlines combined. “Abundant sustainable biomass conversion to energy-dense, drop-in liquid fuels is essential to accelerating the current global transition to a low-carbon economy,” said Thomas Meth, President of Enviva. “This joint effort between Enviva and Alder Fuels enables sourcing of sustainable wood fiber and industry-leading technology to deliver the feedstock flexibility and commercialization of SAF needed to achieve jet fuel decarbonization at scale.” All woody biomass feedstock supplied by Enviva to Alder Fuels will continue to adhere to the U.S. Environmental Protection Agency’s Renewable Fuel Standard, the EU’s Renewable Energy Directive’s requirements, as well as Enviva’s industry-leading Responsible Sourcing Policy. In addition, Enviva and Alder Fuels have committed to collaborating to gain sustainability certification under the internationally renowned Roundtable on Sustainable Biomaterials standard. These guidelines and conditions are further supported by Enviva’s industry-leading Track & Trace® program that provides detailed, verifiable, and independently audited data about the sustainability of Enviva’s sourcing activities and the journey its feedstocks take from the forest tract to the production plant to customers around the globe. About Alder Fuels Alder Fuels is powering the global clean energy transformation and race to net zero through the conversion of natural biomass into low-carbon to carbon-negative Alder Greencrude (AGC). This greencrude can then be converted into sustainable aviation fuel (SAF), other low-carbon fuels, and chemicals using existing global refinery equipment and infrastructure. Bryan Sherbacow, Alder Fuels President & CEO, has a proven record for the development and commercial deployment of novel technology, including the world’s first refinery designed to produce renewable jet and military-grade fuels. Alder Fuels is backed by Honeywell UOP, United Ventures, AvFuel, Boeing, the U.S. Defense Logistics Agency, the Department of Energy (DOE), and the National Renewable Energy Laboratory (NREL). For more information, visit http://www.alderfuels.com/ About Enviva Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11th plant, which will be located in Epes, Alabama. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to decarbonize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.

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AVIATION TECHNOLOGY

United and Jaguar Launch the First All-Electric Gate-to-Gate Airport Transfer Service in the U.S.

United Airlines | October 27, 2022

United Airlines and Jaguar North America today launched the first gate-to-gate airport transfer service powered by an all-electric fleet in the U.S. Starting this month at Chicago O'Hare International Airport, select MileagePlus Premier members can enjoy chauffeured rides between their connecting aircraft in the 2023 Jaguar I-PACE HSE, the first all-electric performance SUV from Jaguar. The vehicles will go into service at United hubs in Denver, Houston, Newark/New York, Washington D.C, San Francisco and Los Angeles by the end of the year. These SUVs are expected to make an estimated 60 trips per day and transfer more than 1,000 United customers daily.The new United-Jaguar ground transfer program offers travelers a moment of luxury and ease, while also raising sustainability standards for the airline industry," said Marketing & Loyalty VP and MileagePlus President Luc Bondar. United is working to lead with innovation and purpose that motivates the industry to do better for our customers and communities. Partnering with Jaguar to deploy an all-electric fleet is not only a smart business move, as we know customers consider sustainability when booking travel, it is the right thing to do." United's ground transfer service is a surprise benefit for select Premier MileagePlus members with tight connections at the air carrier's U.S. hub airports. A member learns of the surprise upon landing at the airport, where they're greeted by a specialized Premier Services agent who shows the customer to the vehicle on the tarmac and accompanies them to their connecting flight. On the tarmac, United customers will experience the award-winning, spacious, all-electric performance SUV that combines a supercar silhouette with the flexibility of an EPA estimated electric range of up to 246 miles1 and five-seat SUV versatility. Every 2023 I-PACE features Amazon Alexa6 connectivity that delivers a suite of enhancements to its infotainment interface and Wireless Device Charging. "We are thrilled to partner with United Airlines to further ignite the passion travelers have for eco-minded exploration, as sustainability and electrifying performance are at the heart of the Jaguar brand,Both United and Jaguar have boldly pledged to advancing transportation technology that will help propel us towards a more sustainable future, and we are excited for travelers to have the opportunity to experience these innovations on the tarmac." Joe Eberhardt, President & CEO, Jaguar Land Rover North America. The I-PACE now comes with an 11kW on-board charger as standard.2 Connecting to a 100-kW DC charger can replenish up to 63 miles of range in 15 minutes. All-wheel drive performance from twin Jaguar-designed concentric motors delivers a combined 394hp and 512 lb-ft of torque providing 0-60mph acceleration in 4.5 seconds.3 And thanks to its aluminum construction and low center of gravity, the Jaguar I-PACE offers an unrivalled balance of all-wheel drive performance,4 refinement, luxury, and sustainability. The 2023 Jaguar I-PACE is on sale now in the U.S., priced from $71,3005. Through December 31, 2022, United MileagePlus members can earn 50,000 miles through the purchase or lease a new Jaguar vehicle. For more information on the I-PACE and the full Jaguar lineup, visit JaguarUSA.com and follow @JaguarUSA on Instagram, Facebook and Twitter. Estimated range shown reflects 2023 I-PACE with 20" wheels and tires based on EPA's testing procedure. Range will vary based on several factors, including vehicle specifications, driving conditions and style, battery age or charging practices, and accessories. For instance, when fitted with 22" wheels and tires, estimated EPA range would be 217 miles. Actual charge times may vary according to environmental conditions and available charging installation Always follow local speed limits. These features are not a substitute for driving safely with due care and attention and will not function under all circumstances, speeds, weather and road conditions, etc. Driver should not assume that these features will correct errors of judgment in driving. Please consult the owner's manual or your local authorized Jaguar Retailer for more details. Starting at price shown is Manufacturer's Suggested Retail Price. Excludes $1,150 destination and delivery, tax, title, license, and retailer fees, all due at signing, and optional equipment. Retailer price, terms and vehicle availability may vary. See your local authorized Jaguar Retailer for details. Amazon, Alexa and all related logos are trademarks of Amazon.com, Inc. or its affiliates. Certain Alexa functionality is dependent on smart home technology. Use of Amazon Alexa requires an Amazon account. About Jaguar Jaguar has made dramatically beautiful luxury cars since 1935, driven by its passion to make life more extraordinary for its customers. Today's world-class Jaguar model range comprises of the XF luxury sedan, F-TYPE sports car, F-PACE performance SUV, E-PACE compact performance SUV and all-electric performance SUV, the I-PACE. From 2025 Jaguar will become a pure electric modern luxury brand with a dramatically beautiful new portfolio of emotionally engaging designs and pioneering next-generation technologies. The journey towards electrification is already under way with a range of mild hybrid and full electric models available today. For more information, visit the official Jaguar website at www.jaguarusa.com. About Jaguar Land Rover Jaguar Land Rover is the UK's largest automotive manufacturer, built around two iconic British car brands: Land Rover, the world's leading manufacturer of premium all-wheel-drive vehicles; and Jaguar, one of the world's premier luxury sports sedan and sports car marques. At Jaguar Land Rover we are driven by a desire to deliver class-leading vehicles, providing experiences people love, for life. Our products are in demand around the globe and in 2020 we sold 425,974 vehicles in 127 countries.  At heart we are a British company, with two major design and engineering sites, three vehicle manufacturing facilities, an Engine Manufacturing Centre and soon to be opened Battery Assembly Centre. We also have vehicle plants in China, Brazil, India, Austria and Slovakia. Three of our seven technology hubs are in the UK – Manchester, Warwick (NAIC) and London – with additional sites in Shannon, Ireland, Portland, USA, Budapest, Hungary and Changshu, China. About United United's shared purpose is "Connecting People. Uniting the World." From our U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers. United is bringing back our customers' favorite destinations and adding new ones on its way to becoming the world's best airline. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol "UAL".

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AIR TRANSPORT

JetBlue and Qatar Airways Further Enhance Codeshare Agreement with Expanded List of Global Destinations

JetBlue | November 01, 2022

JetBlue today announced it is deepening its relationship with Qatar Airways through the expansion of the airlines’ codeshare agreement. This expansion will allow JetBlue customers to enjoy unrivalled travel options between the United States and 11 new markets, in eight countries, across Africa and Asia via Doha’s Hamad International Airport (DOH). The JetBlue code is now available on flights between Doha and: Accra, Ghana (ACC) Addis Ababa, Ethiopia (ADD) Alexandria, Egypt (HBE) Bangkok, Thailand (BKK) Cairo, Egypt (CAI) Denpasar-Bali, Indonesia (DPS) Harare, Zimbabwe (HRE) Jakarta, Indonesia (CGK) Khartoum, Sudan (KRT) Phuket, Thailand (HKT) Windhoek, Namibia (WDH) These 11 new markets will be added to the 13 existing codeshare destinations already available to JetBlue customers within the Qatar Airways Network of Excellence in Africa, Asia and the Middle East. “Together with Qatar Airways, we’re connecting more customers to more outstanding destinations, all while providing them with industry-leading experiences onboard our two airlines, Qatar Airways is already our top internationally-based partner for connecting customers across the Americas to its worldwide network, and as we continue to strengthen our relationship we’re giving travelers a variety of fresh choices for flying to new corners of the globe.” Robin Hayes, chief executive officer, JetBlue This expanded codeshare agreement builds on the airlines’ partnership that first began in 2011. Qatar Airways passengers already benefit from access to more than 50 destinations across the JetBlue network, including the ability to book travels on JetBlue’s extensive options between the United States, the Caribbean and Latin America regions. Customers also currently enjoy enhancements that link the carriers’ loyalty programs. TrueBlue® and Privilege Club members benefit from the ability to accrue TrueBlue points or Privilege Club Avios. In the future, those benefits will expand with the ability to redeem points on either carrier’s flights. Qatar Airways is excited to bring our codeshare partnership with JetBlue to our extensive global network, offering passengers seamless connectivity to over 150 destinations worldwide including premier destinations across Africa and Asia, said His Excellency Mr. Akbar Al Baker, Qatar Airways Group Chief Executive. “For more than a decade, JetBlue has been an outstanding partner, and as we continue to deepen our ties we are committed to offering travellers effortless connections and unparalleled service. Both Qatar Airways and JetBlue have a strong commitment to excellence, and we look forward to further building our partnership. A multiple award-winning airline, Qatar Airways was recently announced as the ‘Airline of the Year’ at the 2022 World Airline Awards, managed by the international air transport rating organisation, Skytrax. The airline continues to be synonymous with excellence having won the main prize for an unprecedented seventh time (2011, 2012, 2015, 2017, 2019, 2021 and 2022), while also being named ‘World’s Best Business Class’, ‘World’s Best Business Class Lounge Dining’ and ‘Best Airline in the Middle East’. Qatar Airways currently flies to more than 150 destinations worldwide, connecting through its Doha hub, Hamad International Airport, currently named the ‘Best Airport in the World” by Skytrax World Airport Awards 2022. About JetBlue JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, Caribbean, Canada and United Kingdom.

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