Canada Jetlines | August 23, 2022
Canada Jetlines Operations Ltd. (“Canada Jetlines”) the new, all-Canadian, leisure airline, announced today that the Canadian Transportation Agency has issued Canada Jetlines airline licenses.“Canada Jetlines is pleased to announce that it has received its Domestic, Non-scheduled international, and scheduled international service licenses from the Canadian Transportation Agency. With the Air Operator Certificate that was issued on August 18, 2022, by Transport Canada, Canada Jetlines has now completed all government requirements and obtained all certification to start operations.
“I am extremely proud of this achievement and the hard work completed by all the employees and the support we received for this project from Ed Wegel and his team at GlobalX, as well as all our other partners. I want to pass my appreciation for the trust our partners have put in the Canada Jetlines team,
Eddy Doyle CEO Canada Jetlines.
“We will be announcing our fall schedule shortly with an updated inaugural flight date and are excited at the possibilities ahead of us to provide Canadians with a new air service,” said Duncan Bureau Chief Commercial Officer of Canada Jetlines.
“Canada Jetlines is fully staffed and ready to fly. As a start-up during the pandemic, we emphasize preparation and collaboration and are currently staffed to welcome guests to travel with us,” said Eddy Doyle, CEO of Canada Jetlines. “Part of the many benefits of beginning as a startup airline out of the pandemic is our staffing. We don't have to worry about bringing back team members, retraining, and so on. We are fully trained, with the full complement of crew and team members.”
To learn more about limited time specials for travelers visit Jetlines.com and sign up for email updates for ticket discounts and news on upcoming destinations. Follow Canada Jetlines on all social media platforms and follow #CanadaJetlines for the latest.
About Canada Jetlines
Canada Jetlines is a leisure focused air carrier, which will utilize a growing fleet of Airbus 320 aircraft. The air carrier was created to provide Canadians with value vacation choices and convenient travel options to fly to fantastic leisure destinations within Canada, the U.S.A., Cuba, Jamaica, St. Lucia, Antigua, Bahamas, and other Caribbean nations. Canada Jetlines will provide exciting vacation packages to iconic Canadian destinations and beyond via strong partnerships with airports, CVB’s, tourism entities, hotels, hospitality brands, and attractions. With a projected growth of 15 aircraft by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. The carrier will use a state-of-the-art web booking platform, making the turnkey solution available to consumers, travel agents, and tour operators, with the capability of generating revenue on reservations and ancillary sales with the aim to provide more revenue opportunities to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates.
DEFENSE AND SPACE
Sandhills Global | July 07, 2022
According to the latest Sandhills Global market reports covering the aviation industry, values for piston single, turboprop, and jet aircraft may have peaked this May. All aviation categories displayed month-to-month value decreases from May to June, and with the aviation market showing signs that values might continue their drop in the near future, sellers could need to adjust asking values going forward based on the available inventory. The market reports show that rising inventory levels are a major contributor to decreasing aviation values, and this June marked the fourth consecutive month of inventory expansion across all categories.
Sandhills' aviation products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator is Sandhills' proprietary asset valuation tool for all types of aircraft, built using the same technology behind FleetEvaluator. Widely used and trusted across equipment, truck, and trailer industries, FleetEvaluator identifies asset values with unparalleled accuracy.
The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions.
This report includes detailed analysis of asking values and inventory trends in the worldwide used aircraft market along with charts that help readers visualize the data. It describes and quantifies important trends in the buying and selling of used piston single, turboprop, and jet aircraft.
U.S. and Canada Used Piston Single Aircraft
With the 21% M/M inventory increase in June, used piston single aircraft inventory has now increased each of the last five months. Inventory levels were up 15% year-over-year.
The Sandhills EVI shows asking values decreased 1.4% M/M; on a YOY basis, values are up 22% from June 2021.
U.S. and Canada Used Turboprop Aircraft
In the turboprop category, the Sandhills EVI showed an 8.5% M/M inventory increase, a gain nearly identical to the category's 8-percentage-point increase from April to May.
Despite inventory increasing for the fourth consecutive month, turboprop inventory levels were still down 52% YOY.
Asking values for turboprops were down 1% M/M; but when compared to June 2021, values are up 32% YOY.
Global Used Jet Aircraft
Although used jet inventory increased for the fifth consecutive month, jumping 15.3% from May to June, inventory levels across the globe are down 34% YOY.
The Sandhills EVI shows asking values decreased 3.1% M/M with asking values this June coming in at $12.7 million. When compared to one year prior, jet aircraft values are up 27%.
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the aviation, construction, agriculture, and commercial trucking industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, commercial trucking, and aviation industries represented by Sandhills Global marketplaces, including Controller.com, AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator and AircraftEvaluator, Sandhills' proprietary asset valuation tools, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
NASA | August 12, 2022
A SpaceX Dragon cargo resupply spacecraft returning science to Earth for NASA is set to depart the International Space Station on Thursday, Aug. 18.
NASA will provide coverage of Dragon's undocking and departure on NASA Television, the NASA app, and the agency's website beginning at 10:45 a.m. EDT. Watch online at:
Ground controllers at SpaceX in Hawthorne, California, will send commands at 11:05 a.m. for Dragon to undock from the forward port of the station's Harmony module and fire its thrusters to move a safe distance away from the station. Controllers will command a deorbit burn the following day.
After re-entering Earth's atmosphere, the spacecraft will make a parachute-assisted splashdown off the coast of Florida. NASA TV will not broadcast the splashdown, and updates will be posted on the agency's space station blog.
Dragon will carry back to Earth more than 4,000 pounds of supplies and scientific experiments that were designed to take advantage of the space station's microgravity environment. Splashing down off the coast of Florida enables quick transportation of the experiments to NASA's Space Station Processing Facility at the agency's Kennedy Space Center in Florida, allowing researchers to collect data with minimal sample exposure to Earth's gravity.
DEFENSE AND SPACE
Boeing | August 01, 2022
Boeing will strengthen its partnership with Japan by opening a new Boeing Research and Technology center. The facility will focus on sustainability and support a newly expanded cooperation agreement with Japan's Ministry of Economy, Trade and Industry.
Boeing and METI have agreed to broaden their 2019 Cooperation Agreement to now include a focus on sustainable aviation fuels electric and hydrogen powertrain technologies, and future flight concepts that will promote zero climate impact aviation. That is in addition to exploring electric and hybrid-electric propulsion, batteries, and composite manufacturing that will enable new forms of urban mobility.
"We are excited to open our latest global research and technology center here in Japan. Working with terrific partners like METI, the new center will expand upon Boeing-wide initiatives in sustainable fuels and electrification, and explore the intersection of digitization, automation and high-performance aerospace composites for greater sustainability in our future products and production systems."
said Greg Hyslop, Boeing chief engineer and executive vice president of Engineering, Test & Technology
The BR&T – Japan Research Center will be located in Nagoya, which is already home to many of Boeing's major industrial partners and suppliers. The facility will further expand Boeing's research and development footprint in the region, which includes centers in Australia, China and Korea.
Boeing is fully committed to supporting Japan's SAF industry and has been accepted as the latest member of ACT FOR SKY, a voluntary organization of 16 companies that works to commercialize, promote and expand the use of SAF produced in Japan. It was founded by Boeing airline customers All Nippon Airways (ANA) and Japan Airlines (JAL), along with global engineering company JGC Holdings Corporation, and biofuel producer Revo International.
Masahiro Aika, representative of ACT FOR SKY, said, "ACT FOR SKY welcomes the participation of Boeing. We look forward to Boeing collaborating with the other members to "ACT" for the commercialization, promotion and expansion of SAF in Japan."
In addition to becoming partners in ACT FOR SKY, Boeing has a long history of innovating with ANA and JAL on sustainable aviation, which includes pioneering SAF-powered flights and launching the ground-breaking 787 Dreamliner. Today, they signed agreements to work together to study advanced sustainable technologies, including electric, hybrid, hydrogen and other novel propulsion systems in an endeavor to reduce the carbon footprint of aircraft.
Boeing Chief Sustainability Officer Chris Raymond added, "To ensure the enormous societal benefits of aviation remain available for generations to come, we must continue to partner with capable innovators and leaders to support the industry's commitment to net zero carbon emissions by 2050. We are humbled to join ACT FOR SKY and collaborate with other members to share global best practices and help with the scale up and demand of SAF in Japan. And we are honored to open the Japan Research Center and expand our work with airline customers ANA and JAL on advanced technologies to realize zero climate impact aviation."
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity.