Bamboo Airways Begins Embraer E195 Operations

Bamboo | September 29, 2020

Vietnam’s Bamboo Airways has begun flight operations with its Embraer E195 aircraft. The aircraft are being wet-leased from Denmark’s Great Dane Airlines. However, they do wear Bamboo Airways’ livery.
Since its launch last year, Bamboo Airways has been making waves within the Vietnamese aviation industry. Before the current situation, the airline has been building up its domestic network. Earlier this year, the planned launch of European flights was forced to be delayed by the current circumstances affecting the aviation industry. However, this didn’t stop the airline from operating a series of repatriation flights between Vietnam and Europe.

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AEROSPACE

Maryland Athletics Selects AeroVanti as its Private Aviation Partner

AeroVanti Air Club | November 23, 2022

Private aviation pioneer AeroVanti Club today announced a partnership with Maryland Athletics, its second such collaboration with a leading NCAA athletics department. In addition to flying the Maryland Terrapins, AeroVanti is the exclusive aviation partner for the University of Central Florida Knights Now that basketball season is in full swing, Maryland alumni and fans can join AeroVanti in The AeroVanti Courtside Club in the Xfinity Center. We’re thrilled to support the Maryland Athletics Department, its talented student-athletes and its hard-working coaching, support and administrative staff,” said AeroVanti Founder and CEO Patrick Britton-Harr. “AeroVanti was founded in Annapolis, Maryland, so we’ll always support our hometown teams. And with our operations and maintenance hub in Florida, we had to partner with UCF, as well. In less than two years since launching, AeroVanti has experienced 400% growth, transforming the private aviation industry, and quickly establishing itself as the leader in best-in-class private services at a fraction of the price of its competitors. A recent $100 million fleet expansion solidified its position as an industry pioneer creating an entirely new market segment in the $25-billion-a-year private aviation industry. “It’s very exciting for Maryland Sports Properties to bring AeroVanti on as a strategic partner for this season and years to come,Patrick and his team have trusted us to provide the brand exposure to the best fans and alumni in the country and we know we will deliver.” Jack Krabbe, general manager of Maryland Sports Properties. AeroVanti members are not burdened by costly initiation fees, expensive hourly rates, capped miles, or inconvenient booking restrictions like other membership-based private aviation services. In addition to being faster and more affordable than its competitors, AeroVanti’s fleet of Piaggio P180 Avantis has one-third the carbon footprint, making it the top option for the sustainability-conscious passenger. About AeroVanti Club AeroVanti Club offers its air club members an exclusive private aviation experience through individual, family, and corporate memberships. Current destinations which are rapidly expanding, span the entire USA, Canada, and the Caribbean. With its ultra-competitive pricing, flexible membership options and completely bespoke service, AeroVanti created an entirely new market segment and redefined private aviation as it exists today. AeroVanti flights are conducted in accordance with the FAA Regulation Part 91F.

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AEROSPACE

NASA's Artemis I Moon Mission Takes Flight With Successful Launch From Kennedy Space Center

Jacobs | November 18, 2022

Jacobs congratulates NASA on the successful launch of the agency's Space Launch System (SLS) rocket and Orion spacecraft for the Artemis I mission, which lifted off Nov. 16 from historic Launch Pad 39B at Kennedy Space Center (KSC) in Florida. Artemis I is the first test flight in a series of increasingly complex missions under Artemis, NASA's deep space human exploration endeavor, which aims to land the first woman and the first person of color on the moon and establish a sustainable human future in deep space. Powered by the SLS rocket, the uncrewed test flight will send Orion on a trajectory to orbit the moon, returning to earth and culminating in a Pacific Ocean splashdown. As the prime contractor at KSC for NASA's Exploration Ground Systems (EGS) program, Jacobs is responsible for receiving all SLS and Orion flight hardware, assembling and integrating all the components, developing the launch control software, conducting final test and checkout, transporting the vehicle to the pad, supporting the launch and helping conclude the mission with the recovery of Orion. "NASA's Artemis I launch is a major milestone in the agency's new era of human spaceflight in deep space, and the first phase for humanity's return to the lunar surface, Jacobs teams across multiple NASA centers, contracts and programs are committed to providing innovative solutions and technologies in support of NASA's quest to explore deep space." Jacobs Critical Mission Solutions EVP and President Steve Arnette. Jacobs is also supporting the SLS and Orion development at multiple NASA centers. That work includes extensive verification and validation testing of Artemis I flight components. At Marshall Space Flight Center, Jacobs supported NASA in completing the SLS rocket's structural testing campaign, a nearly three-year structural test series that qualified the structural design of multiple hardware elements for the rocket. At Johnson Space Center (JSC), a team of engineers developed and tested the Orion re-entry parachute system that will slow down the capsule for splashdown. Jacobs also worked across five NASA centers to help develop and successfully test the reliability of NASA's Orion launch abort system. To enable the journey to the moon and beyond, trajectory models will play an important role in Artemis missions from launch through lunar surface operations. At JSC, a NASA and Jacobs team developed the trajectory plan for the orbital flight path of Artemis I. As NASA's largest services contractor, Jacobs is a provider and integrator of full lifecycle aerospace capabilities, including design and construction; base, mission and launch operations; sustaining capital maintenance; secure and intelligent asset management; and development, modification, and testing processes for fixed assets supporting national government, military, defense and NASA, as well as commercial space companies. At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter. Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates, foreign currency exchange rates, changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

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AIR TRANSPORT

AZORES AIRLINES, GALP, NESTE AND CARLYLE AVIATION TAKE OFF FOR SATA GROUP'S FIRST FLIGHT WITH SUSTAINABLE AVIATION FUEL

Galp | November 10, 2022

October 24th will go down in Azores Airlines' history as the beginning of a new era, the date of its first-ever flight using sustainable aviation fuel (SAF). This milestone is even more significant considering that a few days ago, the SATA Group joined the European Union's Zero Emissions Aviation Alliance, an initiative aimed precisely at decarbonizing the sector by 2050. Azores Airlines' first commercial flight fueled with SAF connected Lisbon and Ponta Delgada, in an Airbus A320 named UNIQUE with registration CS-TKK. The aircraft took off from Lisbon airport at 19H25M local time and landed at Ponta Delgada, São Miguel Island, at 21H30M local time. The fuel used on this route incorporated 39% renewable origin material known as HEFA (Hydro processed Esters and Fatty Acids), representing a 35% reduction in total CO2 emissions. The preparation and monitoring of this first commercial flight using sustainable aviation fuel involved the energy partners Galp and NESTE, two leading innovators in biofuels and recyclable fuels, and Carlyle Aviation Partners, a commercial aviation investment platform and lessor of the CS-TKK UNIQUE aircraft operated by Azores Airlines. Together with Azores Airlines' technical teams, the partners ensured the feasibility of this operation. SAF offers similar performance to traditional jet fuel and can be used in the same engines as fossil fuel but with a significantly lower carbon footprint. NESTE's SAF is produced from 100% sustainably sourced renewable waste and residue raw materials, such as used cooking oil and animal fat waste. Positioning itself as a strategic SAF supplier, Galp plans to produce 240.000 tons/year of SAF as part of the transformation of its Sines industrial site into a Green Energy Park. Azores Airlines is happy to contribute to the decarbonization goals that the aviation sector seeks to achieve and is very proud to undertake actions that will guarantee that the Azores Archipelago remains to be a remarkable sustainable tourism destination. About Galp Galp is an energy company committed to the development of efficient and sustainable solutions in its operations and in the integrated offers to its customers that creates simple, flexible, and competitive solutions for the energy or mobility needs of large industries, as well as small and medium-sized businesses and individual consumers. Galp's offer includes various types of energy – from electricity produced from renewable sources to natural gas and liquid fuels. As a producer, the company extracts oil and natural gas from reservoirs located miles below sea level, while also being one of the largest Iberian producers of solar-based electricity. Leaders in its sector in the world's main sustainability indices, Galp contributes to the economic development of the 10 countries it operates and to the social progress of the communities. Galp has 6,360 employees. For more information, visit https://galp.com/pt/ About Neste NESTE creates solutions for combating climate change and accelerating a shift to a circular economy. NESTE refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. NESTE is a world's leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge, aiming at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Read more: https://www.neste.com// About Carlyle Aviation Partners Carlyle Aviation Partners is the commercial aviation investment and servicing arm of Carlyle's $143 billion Global Credit platform. It is a multi-strategy aviation investment manager that seeks to capitalize on its extensive technical knowledge, in-depth industry expertise and long-standing presence in the aviation sector. As of June 30, 2022, it has a team of more than 105 employees and offices in the US, Ireland and Singapore.

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AIR TRANSPORT

Ameriflight Appoints Alan Rusinowitz as New President and Chief Operations Officer

Ameriflight, LLC | December 07, 2022

Ameriflight, the nation’s largest Part 135 Cargo airline, announces the appointment of Alan Rusinowitz as President and Chief Operating Officer. This executive team addition comes on the cusp of Ameriflight Chief Executive Officer, Paul Chase, tendering his resignation. Rusinowtiz will be responsible for planning and executing current and future business operation strategies. He will amplify Ameriflight’s vision as the unparalleled leader in scalable, outsourced aviation services to the regional express airfreight market. “The board and I are confident that Alan is the optimal person to build on Ameriflight’s momentum, He is a well-established leader with significant experience working in our niche of the airline industry, delivering value to both customers and employees, and attaining key performance goals through effective asset utilization. We are pleased to have him on board.” Ameriflight Owner and Chairman Jim Martell. Rusinowitz joins Ameriflight as a results-driven business leader and a hands-on executive with a demonstrated record of growing shareholder value by leading companies through strategic operational improvements and development. He’s highly regarded for his successes in airline operation management, as well as his focus on safety culture and continuous improvement. His vast background and successes in leading a variety of extensive projects brought him to the attention of Ameriflight. It’s an honor to join such a notable, industry-leading company. I have worked alongside Ameriflight in the industry for decades and have been impressed with the recent strategic moves they have made,” said Rusinowitz. “I have inherited a great group of people with a strong vision and safety culture. As President, my intention is to continue Ameriflight’s commitment of building a diversified aviation services platform, by focusing on our current and future business opportunities, including our Expedited Supply Chain Solutions operation, integrator operation, and emerging technologies. With over 40 years in the industry, Rusinowitz has an extensive background in aviation that includes a rare blend of senior leadership experience in airline operations and business management. Most recently, he served 22 years at Martinaire Aviation as Executive Vice President and Chief Operating Officer. Notably, he was a key leader in overseeing the development and implementation of the company’s strategic business goals and objectives, as well as successfully leading this year’s stock sale of Martinaire, Inc. and its subsidiaries. About Ameriflight: Ameriflight is the nation’s largest Part 135 cargo airline. Founded in 1968, Ameriflight has grown from a small air charter and cargo service carrier to an international operator with 14 bases, 1,500 weekly departures, and 200 destinations. The company is headquartered in Dallas, TX and has more than 500 employees including over 150 pilots and over 100 aircraft. Ameriflight provides feeder services for overnight express carriers.

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