CARGO MANAGEMENT

ASL Aviation Holdings Signs LOI with Universal Hydrogen, Becoming a Launch Customer for Hydrogen-Powered ATR 72 Cargo Aircraft

ASL Aviation Holdings | October 13, 2021

ASL Aviation Holdings Signs LOI with Universal Hydrogen, Becoming a Launch Customer for Hydrogen-Powered ATR 72 Cargo Aircraft
Universal Hydrogen Co., the company leading the fight to decarbonize aviation through the adoption of hydrogen as a universal fuel, today announced it has executed a letter of intent (LOI) with ASL Aviation Holdings, a global aviation services group based in Dublin, Ireland. ASL will be a global launch customer for the turboprop cargo market and plans to purchase up to ten of Universal Hydrogen’s ATR 72 conversion kits for installation into its existing or future turboprop aircraft fleet.

Upon completion of a collaborative network study and aircraft assessment, Universal Hydrogen’s conversion kits will be installed in ATR 72 planes owned by ASL and operated on services for its major customers throughout Europe. In addition to the conversion kits, ASL has agreed to provide an ATR 72 to Universal Hydrogen to use as its cargo test and certification aircraft.

The ASL CargoVision forum is an initiative to drive innovation and sustainability in the air cargo industry, and working together in this forum Universal Hydrogen and ASL will move quickly to reduce emissions in the critical regional sector served by the ATR 72.

Air cargo has a unique opportunity to lead the aviation industry as it moves to meet ambitious carbon emissions targets. In ASL we are committed to being a first-mover in the introduction of new emissions reduction technology in our current fleet and hydrogen has a significant role to play with aircraft such as the ATR 72, Aviation cannot wait to act for a decade or more before new aircraft types become available, and by working with Universal Hydrogen we can create a bridge to new aircraft that will allow us to immediately reduce our carbon footprint in line with the environmental sustainability commitments in the ASL Group ESG Policy.

- Dave Andrew, CEO, ASL Aviation Holdings

In connection with the aircraft conversions, Universal Hydrogen and ASL will also enter into a long-term fuel services contract. Universal Hydrogen has agreed to provide green hydrogen fuel to power the converted ATR 72 aircraft in ASL’s fleet.

In order to reach Paris Agreement targets for aviation emissions we can’t focus on passenger aircraft alone—the cargo market is significant and growing. It’s exciting to see a leading operator like ASL deeply aligned with our vision to make hydrogen the universal fuel for aviation, ASL’s customers represent some of the largest air freight users in the world, and we welcome the opportunity to provide them with a truly clean way to meet growing delivery demands.

- Paul Eremenko, Universal Hydrogen co-founder and CEO.

About Universal Hydrogen
Universal Hydrogen is making hydrogen-powered commercial flight a near-term reality. The company takes a flexible, scalable, and capital-light approach to hydrogen logistics by transporting it in modular capsules over the existing freight network from green production sites to airports around the world. To accelerate market adoption, Universal Hydrogen is also developing a conversion kit to retrofit existing regional airplanes with a hydrogen-electric powertrain compatible with its modular capsule technology.

About ASL Aviation Holdings
ASL Aviation Holdings is a leading global aviation services provider with five European airlines and two associated airlines in South Africa and Thailand. The Group also includes maintenance companies and leasing entities. ASL has a fleet of 140 aircraft ranging from the B747-400 to the ATR 72 turboprop. The Group’s airlines operate for world-leading express parcel integrators, postal services and e-tailers and also own-brand operates inter-continental scheduled services. Passenger services are also operated in France and in South Africa.

About ASL CargoVision
ASL CargoVision, for greener, sustainable aviation, is a forum developed in late 2020 by ASL and leading new aviation technology companies. The objective is to help raise awareness of ASL and the Forum members’ position on both innovative new technologies and sustainability for air cargo operations. ASL and the other members of the CargoVision Forum will promote these new technologies as they bring sustainability to the aviation industry, and particularly to cargo operations.

Spotlight

At a recent pilot meeting in Prague, Fern Eyre-Morgan from Rishworth Aviation took the opportunity to catch up with Czech A320 Pilots, Captain Milos Kovar and Captain Jakub Motl. The pilots had just returned from a successful screening with Vietnam Airlines. See how they got on and hear about their experiences during the screening process for Vietnam Airlines.

Spotlight

At a recent pilot meeting in Prague, Fern Eyre-Morgan from Rishworth Aviation took the opportunity to catch up with Czech A320 Pilots, Captain Milos Kovar and Captain Jakub Motl. The pilots had just returned from a successful screening with Vietnam Airlines. See how they got on and hear about their experiences during the screening process for Vietnam Airlines.

Related News
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

COMMERCIAL AVIATION

LCI Acquires Nova Capital Aviation (Ireland)

Nova Capital | December 02, 2021

LCI, a leading aviation leasing company, announces an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group. Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-wing aircraft lease division of the Nova Capital Group, with single-engine operations remaining within the Group. The acquisition will result in a substantial expansion of LCI's leasing platform to over 140 twin-engine rotary and fixed-wing aircraft. It will also take the proportion of aircraft deployed on emergency medical services (EMS), search and rescue (SAR), off-shore wind and utility missions, to over 80% of the entire leasing platform. "The Nova brand is highly regarded, and is a major presence in the mission-critical EMS market which perfectly complements our own. Our agreement reflects the current trend towards industry consolidation, and is testament to the robust leasing platform we have built. It expands our customer base, introduces new aircraft types to our fleet, and cements LCI's long-term commitment to growth." - Crispin Maunder, Executive Chairman of LCI Last year, Nova Capital further expanded its fleet with the addition of eight factory new twin-engine EMS helicopters valued at over US$90 million, reaching half-a-billion total fleet value at 2021 year-end. Nova Capital will now focus on the development of its single-engine helicopter, light utility fixed-wing aircraft, and other advanced air mobility operations, in partnership with LCI. "Over 20 years, we have developed a market-leading leasing operation that specialises in providing asset financing solutions to helicopter and fixed-wing aircraft operators, primarily in onshore mission critical services. We are delighted to conclude this agreement with such a complementary business as LCI. Their proven leasing platform, extensive experience in both the fixed-wing and rotary-wing leasing markets, and immersion in mission-critical helicopter operations, makes them a natural choice. I am looking forward to continuing Nova Capital's journey, under this new set-up and exciting partnership" - Olivier Piot, Founder and CEO of Nova Capital LCI has consistently grown in scale and value as it has diversified over time. The lessor's highly experienced management team has built strong relationships with manufacturers, customers and leading financial institutions, and has undertaken in excess of US$8 billion of transactions in the fixed-wing and helicopter markets since its inception in 2004. About LCI Since its inception in 2004, LCI has undertaken in excess of US$8 billion of transactions in the fixed-wing and helicopter markets. LCI is owned by Libra Group (www.libra.com), an international business group with 30 subsidiaries active in 35 countries across six continents. Libra Group's subsidiaries are focused on six core sectors: aviation, energy, hospitality, real estate, shipping, and diversified investments. About Nova Capital Founded in 2002, Nova Capital is a privately owned aviation investment platform, with offices in Ireland, France, and Portugal. The company provides asset financing solutions to Helicopter and fixed-wing Aircraft operators primarily in the on-shore mission critical services space. Nova Capital has established a wide network of valued business partners including major aircraft and helicopter operators, manufacturers, and also financial institutions.

Read More

AVIATION TECHNOLOGY

XO Partners with SCOPE Miami Beach as Official Private Aviation Provider

XO | December 01, 2021

Leading private aviation provider XO announced its partnership with SCOPE Miami Beach, taking place today, November 30 through December 5, as the official private aviation provider for the acclaimed art show's highly anticipated return. Travelers attending SCOPE Miami can book seats on XO's shared charter flights between New York and South Florida, providing art enthusiasts an accessible way to fly private and experience the latest in world-class art activations and cutting-edge installations. This natural partnership intersects the integration of art and technology, providing passengers with an innovative, curated experience from start to finish. While guests immerse themselves in over 140 international exhibits from contemporary artists, including NFTs, they can also visit XO's booth to learn more about XO's innovative technology. This includes predictive analytics and data science supporting individual booking of seats on a private jet by either reserving a seat on an existing flight or creating a new flight and making unused seats available to purchase on the XO mobile app. This revolutionary product allows the existing supply base of private jets to be used more efficiently, increasing availability and reducing cost for innovators and creators looking to make a positive impact through art. "We are proud to be the official private aviation partner of SCOPE Miami Beach this year, as we continue to provide our Members and clients with seamless travel options to and from the world's top cultural events, shows, and festivals, Our shared charter flights are a unique and convenient way to fly private, providing a smooth travel experience from the moment a flight is booked through the XO mobile app to the moment passengers arrive at their destination." - Lynn Fischer, Chief Marketing Officer at XO. "This partnership with XO provides artists and creators attending the show with a curated experience as we look to integrate innovation into all aspects, including transportation, We're thrilled to team up with XO for our 20th annual event, providing our attendees with an elevated flight experience to and from this year's show and beyond." - SCOPE Founder, Alexis Hubshman. Trusted worldwide, XO revolutionizes access to private aviation through unique membership programs, operational excellence, and cutting-edge technology. Everything XO does – such as offering transparent pricing on the XO mobile app, an unparalleled level of service, and fully refundable membership deposits – sets XO apart while providing flyers with an elevated private aviation experience. About XO XO is part of Vista Global Holding, the world's first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light flying solutions to cover all key aspects of private aviation. With experience flying to 187 countries – representing 96% of the world – the Vista Global group of companies completes over 70,000 flights and serves over 150,000 passengers annually. XO's Dedicated Fleet of 130 aircraft is suited to diverse flight duration, trip, and passenger requirements, backed by the knowledge and expertise of an international team, delivering the best end-to-end service to any private aviation customer. In addition to the Dedicated Fleet, the safety-vetted XO Alliance Network gives customers access to 2,100+ aircraft globally, covering the full spectrum of cabin classes. XO has created a leading digital platform in private aviation, with instant booking capabilities. Anyone can use XO's mobile app or website to browse pricing and availability across a range of and global routes and to instantly book private charters and shared flights. Beyond its cutting-edge technology, XO offers unparalleled service and support to provide an end-to-end premium travel experience. All Shared Flights are Public Charters organized by XO Global LLC under 14 CFR Part 380.

Read More