American Airlines To Cease LATAM Codeshares From February 1st

Simple Flying | January 20, 2020

American Airlines To Cease LATAM Codeshares From February 1st
American Airlines is about to lose access to one of the biggest airline networks in South America, LATAM, as the carrier switches over to supporting Delta. Delta Air Lines pulled the rug out from under American Airlines by purchasing 20% of LATAM in 2019 for USD$1.9 billion. American Airlines was codeshared with LATAM and now stands to lose access to LATAM’s impressive South American network.

Spotlight

Did you know every 5 seconds an airliner lands using our wheels and brakes? Or that aircraft transmit the equivalent of 21,000 HD movies per day through our satellite communications equipment? Learn more about our business by watching this short video.Honeywell Aerospace innovates and integrates thousands of products and services to advance and easily deliver safe, efficient, productive and comfortable experiences worldwide.

Related News

BUSINESS AVIATION

Castlelake Establishes Castlelake Aviation Limited

Castlelake | September 30, 2021

Castlelake, L.P., a global alternative investment firm and experienced leader in aircraft investing, leasing and servicing, today announced the creation of Castlelake Aviation Limited ("CA"), a corporate lessor of commercial aircraft that will finance a portfolio of modern, young, fuel-efficient aircraft. We are thrilled to create Castlelake Aviation Limited, which is an exciting and natural next step in the evolution of our industry leading aviation finance business. This is a powerful demonstration of our commitment to staying at the forefront of the aviation financing industry and ensuring we are well positioned to nimbly provide bespoke financing solutions to our partners. - Evan Carruthers, Managing Partner and Co-Founder of Castlelake. The formation of Castlelake Aviation Limited builds on Castlelake's history of innovation in aviation finance and follows its establishment of an aviation lending business in late 2020 and its reopening of the aircraft ABS market with Castlelake Aircraft Structured Trust 2021-1 in January 2021, the first such transaction to be completed since the beginning of the global COVID-19 pandemic. Since its inception, Castlelake has invested more than $14 billion in aviation related opportunities. With a team of over 60 aviation professionals who have experience with nearly all commercial aircraft types, the firm currently directly manages and services a global fleet of more than 350 aircraft operated by a diverse range of customers, including the world's leading airlines across more than 50 countries around the globe. CA will directly benefit from this differentiated expertise and senior Castlelake aviation leaders, including Joe McConnell and Otto Verhoeff, who will serve on CA's Board and be directly involved in the development, execution and oversight of its growth strategy. Upon its formation, CA's initial portfolio will be composed primarily of next generation, narrowbody aircraft on long-term leases to leading international airlines and CA will maintain a similarly high-quality, fuel-efficient fleet by utilizing Castlelake's robust trading and re-marketing capabilities. Additionally, CA's growth trajectory will be supported by Castlelake's extensive near-term pipeline of investing opportunities, including active negotiations for over 40 aircraft representing over $2 billion in potential investments, primarily in newer technology assets. CA's portfolio will be financed by a mix of secured and unsecured debt instruments in addition to equity capital provided by funds managed by Castlelake. About Castlelake Castlelake, L.P. is a global alternative investment manager focused on opportunistic investments in real assets, specialty finance and aviation. Founded in 2005, Castlelake manages approximately $20 billion of assets on behalf of its investors. The Castlelake team comprises more than 200 experienced professionals, including 89 investment professionals, across six offices in North America, Europe and Asia.

Read More

AVIATION TECHNOLOGY

CAE will Accelerate the Design and Development of Jaunt Air Mobility's eVTOL Aircraft by Using Latest Simulation Technologies

CAE, Jaunt Air Mobility | May 13, 2021

CAE confirmed recently that Jaunt Air Mobility has chosen to lead the design and development of the Jaunt Aircraft Systems Integration Lab (JASIL) for the company's latest all-electric vertical take-off and landing (eVTOL) aircraft, the Journey. CAE will collaborate with Jaunt to add best-in-class simulation and modeling to the aircraft development program from the start, leveraging CAE's 70+ years of experience in high-fidelity simulation. The Jaunt Journey's certification is scheduled to begin in 2023 and end in 2026, with entry-in-service (EIS) anticipated in early 2027. CAE and Jaunt Air Mobility aim to build an engineering simulator as part of the deal, which will speed up cockpit design and system development and reduce airworthiness flight test time. The JASIL program is intended to de-risk the aircraft program's timeline and control production costs early in the program by identifying integration issues and proving failure modes. "We are excited to collaborate in the development of this revolutionary new aircraft, as well as to add to our commitment and support of the Advanced Air Mobility industry," said Nick Leontidis, Group President, Civil Aviation Training Solutions at CAE. "CAE is ideally qualified to provide technical and certification service solutions to help innovative companies such as Jaunt Air Mobility certify their aircraft as a high-technology solutions provider at the cutting edge of digital immersion. Jaunt shares our enthusiasm for enabling the next wave of electric aviation, and we look forward to working together to accelerate this new industry." "CAE is a perfect partner for Jaunt because both companies' core principles are to blend cutting-edge technology with proven results to ensure aviation safety in their respective fields," said Martin Peryea, CEO of Jaunt Air Mobility. "By collaborating, we will utilize CAE's years of industry experience and leadership in aircraft simulation to de-risk production, accelerate time-to-market, and mass commercialization of the Journey aircraft." The Journey aircraft is intended to provide safe, efficient, and reliable efficiency while lowering carbon emissions. To meet the increasing demand for quicker flight times over urban and regional areas, the Jaunt Journey combines the performance of a helicopter with the vertical take-off and landing ability of a helicopter. About Jaunt Air Mobility Jaunt Air Mobility is a game-changing aerospace company. Jaunt designs and manufactures piloted and self-piloted Hybrid and Electric Vertical Takeoff and Landing aircraft for modern air mobility in a variety of markets. Jaunt is the world leader in Reduced Rotor Operating Speed (ROSA) aircraft, which combines the efficiency of a fixed-winged aircraft with advanced helicopter performance. About CAE CAE is a high-tech company on the leading edge of digital immersion, offering ways that make the world a safer place. We continue to reimagine the customer experience and reinvent training and operational support solutions in civil aviation, defense and security, and healthcare, backed by a track record of more than 70 years of industry firsts. We are the preferred partner for customers all over the world who work in complex, high-stakes, and heavily regulated environments where successful outcomes are crucial. About 60% of CAE's sales are recurring, demonstrating our customers' ongoing need for our solutions.

Read More

AIRPORT MANAGEMENT

British Airways and Phillips 66 Agree First-Ever UK-Produced Sustainable Aviation Fuel Supply

Enterprise Holdings, Inc. | December 03, 2021

British Airways will become the first airline in the world to use sustainable aviation fuel produced in the UK after signing a multi-year agreement with Phillips 66 Limited. The SAF will be produced at scale for the first time in the UK at the Phillips 66 Humber Refinery near Immingham and will be supplied to British Airways to power a number of its flights from early 2022. The supply agreement between British Airways and Phillips 66 Limited, a wholly owned subsidiary of diversified energy manufacturing and logistics company Phillips 66, advances both companies’ commitments to a lower-carbon future. The airline, which is driving to achieve net zero carbon emissions by 2050, will purchase enough sustainable fuel to reduce lifecycle CO2 emissions by almost 100,000 tonnes, the equivalent of powering 700 net zero CO2 emissions flights between London and New York on its fuel-efficient Boeing 787 aircraft. The SAF will be produced from sustainable waste feedstock at the Humber Refinery, which will deliver its SAF supply to British Airways via existing pipeline infrastructure that feeds directly into UK airports. “This agreement marks another important step on our journey to net zero carbon emissions and forms part of our commitment, as part of International Airlines Group, to power 10% of flights with SAF by 2030. The UK has the resources and capabilities to be a global leader in the development of SAF and scaling up the production of SAF requires a truly collaborative approach between industry and government. We are excited to develop our relationship with Phillips 66 Limited further with a view to growing production capacity and using a wider range of sustainable waste feedstocks to supply our future flights. The development of sustainable aviation fuel is a major focus for us and forms part of our commitment to achieving net zero carbon emissions by 2050 through a series of short-, medium- and long-term initiatives.” - Sean Doyle, British Airways’ Chairman and Chief Executive The airline’s parent company, International Airlines Group (IAG), is investing $400 million over the next 20 years into the development of SAF and British Airways has existing partnerships with a number of technology and fuel companies to develop SAF plants and purchase the fuel. SAF can reduce lifecycle carbon emissions by over 80% compared to the traditional jet fuel it replaces. Humber Refinery General Manager Darren Cunningham, the Lead Executive for Phillips 66 in the UK, said the announcement reflects the importance the aviation and energy industries are placing on sustainability and the continued development, adoption and scaling up of sustainable aviation fuel. “The Humber Refinery was the first in the UK to co-process waste oils to produce renewable fuels and now we will be the first to produce SAF at scale, and we are delighted British Airways is our first UK customer, We’re currently refining almost half a million litres of sustainable waste feedstocks a day, and this is just a start. Markets for lower-carbon products are growing, and this agreement demonstrates our ability to supply them.” - Humber Refinery General Manager Darren Cunningham Last year Phillips 66 Limited invested significantly to expand its production of fuels from waste feedstocks. The investment is part of a broader energy transition plan to reduce the carbon intensity of its refinery operations and products that support 1,000 Humber Refinery jobs. Phillips 66 and British Airways support government plans for a future SAF mandate and a business model for investing in advanced waste to jet fuel projects through participation in the Department for Transport’s Jet Zero Council Delivery Group, of which British Airways and Phillips 66 Limited are members.. About British Airways International Airlines Group was the first airline group in the world to commit to achieving net zero carbon emissions by 2050. The airline is committed to achieving net zero carbon emissions through a series of short-, medium- and long-term initiatives. In the short-term this includes improving operational efficiency, introducing new fuel efficient aircraft, funding carbon offset and removal projects to mitigate emissions on UK domestic flights and progressively introducing sustainable aviation fuels using waste feedstocks, while in the medium to longer term the includes continuing to invest in the development and scale up of sustainable aviation fuel and looking at accelerating the growth of new technologies such as zero emissions hydrogen-powered aircraft and carbon capture technology. About Phillips 66 Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Headquartered in Houston, the company has 14,100 employees committed to safety and operating excellence. Phillips 66 had $56 billion of assets as of Sept. 30, 2021. The Phillips 66 Humber Refinery in North Lincolnshire is considered one of the most sophisticated and energy efficient in the country. It is a leader in the production of specialty coke, a key component for electric vehicle batteries, and participates in the Gigastack long-term project to generate green hydrogen. The refinery also is a participant in the Humber Zero project, which combines carbon capture and storage technology with hydrogen production.

Read More

Spotlight

Did you know every 5 seconds an airliner lands using our wheels and brakes? Or that aircraft transmit the equivalent of 21,000 HD movies per day through our satellite communications equipment? Learn more about our business by watching this short video.Honeywell Aerospace innovates and integrates thousands of products and services to advance and easily deliver safe, efficient, productive and comfortable experiences worldwide.