DESIGN AND ENGINEERING

Cathay Pacific Airways selects Sabre's agile fares solutions to ensure the right market position as the carrier eyes future recovery

Sabre Corporation | February 22, 2022

Simple nEWS
Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new agreement with Cathay Pacific Airways, to enable the carrier to achieve strategic pricing and intelligent offer creation in today's complex and dynamic travel marketplace.

Sabre's AirVision Fares Manager and Fares Optimizer bring together integrated end-to-end automation and intelligence to fares management by incorporating publicly available competitor fare benchmarking and automating fare rule adjustments, empowering analysts to make astute pricing decisions in an effort to drive incremental revenue opportunities. Fares Manager helps airlines by proactively detecting and automatically suggesting responses to competitive price changes by optimizing and publishing fares and rules with minimal latency. Meanwhile, Fares Optimizer empowers airlines to utilize booking and shopping data to understand purchase behaviour and optimize fares based on demand, price sensitivity and competition.

"It's essential to be able to mine real time market data to respond dynamically to market conditions while taking into account customer segmentation, demand, willingness to pay and competition, As the industry looks to recovery, we want to ensure we move forward with the right technology partner to modernise our fares management model, enhance our business processes and offer our customers the right fares every time."

- Cathay Pacific General Manager, Revenue Management Navin Chellaram.

Moving to Sabre's agile pricing solutions will enable Cathay Pacific Airways, Hong Kong's home carrier which is a founding member of the oneworld® global alliance to transition to a robust, cloud-based fares solution.

About Sabre Corporation 
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.

Spotlight

Air transport plays a vital role in economies. The number of flights increased by approximately 38% between 2010 and 20191 and is still expected to resume a strong long-term growth globally despite the COVID-19 crisis2 , albeit below 2019 levels for the years to come. This can mainly be attributed to strong forecasted growth in developing countries3 , especially in middle class populations, driving the need and market for greater local and global connectivity within these regions.


Other News
AVIATION TECHNOLOGY

Virgin Australia Selects Intelsat for Inflight Wi-Fi

Intelsat | October 27, 2022

Intelsat, operator of one of the world’s largest integrated satellite and terrestrial network and leading provider of inflight connectivity (IFC), announced today that it has been selected to provide high-speed in-flight Wi-Fi to Virgin Australia’s fleet of existing 737NG aircraft and future-delivery 737MAX aircraft. Intelsat’s 2Ku satellite connectivity solution will deliver industry-leading speeds to support video streaming, web browsing, and anything else Virgin’s guests want to do with Wi-Fi-enabled devices onboard their flights. A recent survey of Virgin Australia customers indicated Wi-Fi connectivity was an important part of travel for one in three leisure travellers and almost half of the business passengers. “We are laser focused on creating great travel experiences for our guests when they fly with Virgin Australia, We also listened to our guests, and overwhelmingly they told us that Wi-Fi was important to them.” Virgin Australia Group Chief Customer and Digital Officer, Paul Jones. The popular inflight feature will be complimentary for the airline’s Business Class guests and Beyond and Velocity Platinum members. For all other guests, Wi-Fi access will be available for a nominal fee. We’re going to deliver a streaming-quality, always-on, reliable inflight internet product onboard Virginia Australia’s fleet of 737 aircraft,” said Dave Bijur, SVP of Intelsat Commercial Aviation. “We’re adding 737MAX aircraft for the first time with Virgin Australia, and they’ve made a technology decision that expands our relationship and will delight their guests.The 2Ku antennas that facilitate the IFC system will be installed gradually over 18 months on more than half of the airline’s fleet starting mid-December 2023. About Intelsat As the foundational architects of satellite technology, Intelsat operates the world’s most trusted satellite telecom network. We apply our unparalleled expertise and global scale to connect people, businesses, and communities, no matter how difficult the challenge. Intelsat is building the future of global communications with the world’s first hybrid, multi-orbit, software-defined 5G network designed for simple, seamless, and secure coverage precisely when and where our customers most need it.

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BUSINESS AVIATION

Directional Aviation and Alder Fuels Join Forces for First Business Aviation Offtake Partner Agreement for SAF 2.0

Alder Fuels | September 16, 2022

Today, private aviation investment firm Directional Aviation is making a financial investment in Alder Fuels, a clean tech developer and greencrude producer. As part of the agreement, the two companies also will pilot a pioneering blockchain-powered transparency tool to document the production life cycle and industry adoption of low-carbon SAF. The state-of-the-art tool will assist with transparency around the production of SAF and provide robust documentation for compliance with regulatory programs, environment, social and governance (ESG) targets and carbon reduction milestones for the aviation sector.Alder Fuels uses sustainable biomass, such as regenerative grasses, forest residues and agricultural waste products, to create a low-carbon to carbon-negative greencrude that can be converted into SAF using existing bio and petroleum refinery infrastructure. In contrast to first-generation SAF, which was generated primarily from non-scalable supplies of fats, oils and grease, these biomass sources are abundantly available, and, when repurposed, can contribute to soil regeneration and wildfire mitigation. When calculating the fuel production carbon life cycle from field to wingtip across different biomass sources, AGC-derived SAF can achieve greenhouse gas reductions of over 80 percent compared to petroleum jet fuel. The process, which has been validated by the Department of Energy’s National Renewable Laboratory (NREL), could even be carbon negative when utilizing regenerative crops. AGC-derived SAF will meet current aviation specifications and is currently in the process of global certification as a 100 percent drop-in replacement for petroleum-based jet fuel. As part of the agreement, Flexjet will become the first business aviation user of this SAF. “Our investment in Alder Fuels and partnership on advancing the use of digital technology to document SAF use is an example of private aviation leading the way on sustainability commitments and identifying solutions to reduce carbon emissions that aid the entire aviation industry,” Kenneth C. Ricci, Principal, Directional Aviation. As we make the transition from fossil to sustainable energy throughout our economy, transparency is critical. It is how we engender trust and integrity to strengthen the adoption curve – and that is exactly what we are working towards at Alder Fuels, said Bryan Sherbacow, Chief Executive Officer and President of Alder Fuels. This partnership will demonstrate exactly how fuel is sourced, developed and deployed – from the sustainable biomass provider to the wingtip. We are thrilled to test and trial the technology against our offtake agreement with Flexjet and are incredibly grateful to Directional Aviation for their financial support and industry leadership.4AIR and Alder will align the use of blockchain technology tools to account for all the emission claims from the use of the SAF, generating the necessary records and transparency for compliance with regulatory frameworks, ESG standards and other sustainability commitments. This application of digital technology for the aviation sector has enormous potential. Public blockchains represent a groundbreaking technological platform for documenting supply chains and recording physical asset ownership. They also can be deployed to help verify and validate the supply chain and emissions outputs of renewable fuels. For example, they can enhance the book-and-claim model of SAF use, a practice where a sustainability claim made by a company or customer is separated from the physical flow of these goods. Our goal at 4AIR is to make sustainability as simple and cost-effective as possible in order to promote its growth, said Kennedy Ricci, 4AIR’s president. The use of blockchain technology to transparently and permanently record the use of sustainable aviation fuel is an innovative application that will help users with regulatory and voluntary compliance and provide greater transparency about SAF’s benefits as a way to reduce climate-changing aircraft carbon emissions. Through this partnership between Directional and Alder Fuels, Flexjet will be the first business aviation offtake partner for AGC, advancing Flexjet towards its goal of having 12 percent of its annual fuel consumption come from SAF by 2030. Flexjet has achieved carbon-neutral flight operations for the past two years, purchasing credits to offset emissions from all flights booked by our aircraft Owners worldwide,said Flexjet Chief Executive Officer Michael Silvestro. However, we have wanted to take the next step, not merely offsetting emissions but actually reducing them directly in our operations by taking tangible steps today. The use of SAF produced with Alder’s cutting edge greencrude will help us achieve this goal, maintaining our leadership on aviation sustainability, and the transparency tool developed by Alder Fuels and 4AIR will serve as a real-world proof of concept. Recognizing the scaling up of SAF is critical to meeting such aggressive climate goals, the White House launched the SAF Grand Challenge,with goals of having 3 billion gallons of SAF produced in the U.S. by 2030, augmenting to 35 billion gallons by 2050. The recent passage of the Inflation Reduction Act into law amplifies the U.S. commitment to SAF by providing tax credits for every gallon produced that demonstrates a 50 percent or greater lifecycle greenhouse gas emissions reduction relative to petroleum jet fuel. About Directional Aviation Directional Aviation is a private investment firm whose singular focus is private business aviation. Directional’s OneSky Flight portfolio of private jet travel providers includes shared/fractional jet ownership, jet card, membership, on-demand charter and vertical lift providers. Industry leaders representing MRO, private jet remanufacturing, aviation parts distribution and more also make up the Directional family. Directional Aviation is charting the course of private aviation, worldwide. For more information, visit www.directionalaviation.com. 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, and Boeing and its technology has been validated by 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 4AIR 4AIR is an industry pioneer offering sustainability solutions beyond just simple carbon neutrality. Its industry-first framework seeks to address climate impacts of all types and provides a simplified and verifiable path for private aviation industry participants to achieve meaningful aircraft emissions counteraction and reduction. The 4AIR framework offers four levels, each with specific, science-based goals, independently verified results and progressively greater impacts on sustainability that make it easy for private aviation users to pursue sustainability through access to carbon markets, use of Sustainable Aviation Fuel, support for new technologies and other strategies

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AIR TRANSPORT

FAPA To Host Future Pilot Seminar for Aspiring Aviators

FAPA.aero | November 28, 2022

If dreams of getting behind the flight deck are calling, pilot career consulting company Future & Active Pilot Advisors (FAPA) invites individuals to learn more about a rewarding career in aviation. Ideal for aspiring pilots of all ages, including career changers, military personnel, students and their parents, school counselors, and staff, the FAPA Future Pilot Seminar: Building the Pilot Pipeline takes place on Saturday, Nov. 19, beginning at 2 p.m. sharp at Le Méridien Dania Beach (1825 Griffin Road Dania Beach, FL 33004) near the Fort Lauderdale-Hollywood International Airport. Starting at 2 p.m. sharp, the FAPA Future Pilot Seminar will feature an informative “How to Launch Your Pilot Career” presentation from FAPA’s Chief Advisor on the aviation industry and touch on the state of the aviation industry to the training required to get started, and the process for building the experience necessary to secure a professional pilot job. “FAPA wants to be a part of every pilot’s journey to a professional cockpit career, and we have the collective experience to provide guidance. Our Future Pilot Seminar is free for everyone to attend, and we’re here to help,” Tim Genc, chief advisor and executive editor of FAPA. Republic Airways’ Lift Academy, L3Harris Airline Academy, Skyborne Airline Academy, Spartan College of Aeronautics, and Wayman Aviation Academy will also be present to discuss their flight training and professional pathway programs and answer questions. School counselors are also encouraged to attend—so they can best guide their students in navigating an interest in flying for a living. As the need for aviation pilots continues to grow, there is also a growing need for guidance and direction for those that may have the desire to become a pilot. That guidance and direction can be found at the Future Pilot Seminar hosted by the FAPA organization. The FAPA seminar is a one-stop shop for providing a future pilot with all the data that is needed to make an informed decision about becoming a pilot. In my opinion, the FAPA Future Pilot seminar is an absolute must for any aspiring pilot,” said Glenn Thompkins, vice president, educational partnerships, Spartan College of Aeronautics and Technology. FAPA strives to assist professional pilots—whether future or active—in landing a successful cockpit career by providing the information and counseling needed at monthly Pilot Job Fairs and Future Pilot Seminar events, which take place around the country, usually on the third Saturday of the month. ABOUT FUTURE & ACTIVE PILOT ADVISORS (FAPA) Future & Active Pilot Advisors (FAPA) is a career and financial advisory service for professional pilots at every stage of their career—from school selection to retirement. The company specializes in low-cost and high-quality information and consulting. Through innovative pricing and focused delivery of information that is important to professional pilots, the FAPA brand has been a market leader since 1972. Collectively, the FAPA team has 25 type ratings and logged over 66,000 flight hours. In addition, the team has experience in airline, corporate, cargo, and military aviation, as well as commercial publishing.

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BUSINESS AVIATION, COMMERCIAL AVIATION

Private Jet Company Volato Expands and Evolves Offering with Gulfstream G280 Fleet Agreement

Volato | September 17, 2022

Volato, the most efficient way to experience a luxury private jet, today announced a new relationship with Gulfstream and a fleet order of Gulfstream G280 aircraft. With four on firm order, the aircraft will add significant capability to Volato's existing fleet of HondaJet Elites. This expansion evolves Volato's business model as they look to service a greater share of the private aviation market. Volato will be the first company to fractionalize the Gulfstream G280, preselling fractions in multiples of eighths, and will take delivery of its first G280 aircraft in early 2024.The ten-seat configured Gulfstream G280 brings the unique benefits of Volato's program to the super-mid cabin fractional customer: fly as little or as much as you like, plus, earn revenue every time your aircraft flies a live mission, evolving their business model from The most efficient way to fly luxury private with four or fewer passengers to The most efficient, friendly and rewarding way to experience a luxury private jet. "When we launched Volato, our strategy was to initially target the largest segment of the market that was not being directly addressed: short haul flights with only a few passengers,From listening to our customers' needs and recognizing that our innovative business model is not just limited to light jets, we are excited to expand our model to larger aircraft so that HondaJet owners can fly their edge case missions that are farther or with more passengers, while welcoming a new category of luxury private jet customer to Volato's superior experience." Matt Liotta, Co-Founder and CEO of Volato The Gulfstream G280 features the largest in-cabin experience and greatest efficiency in its class. The Gulfstream G280's revolutionary wing design and engine technology result in prime fuel-efficiency, reducing operational costs and supporting environmental sustainability. Volato will offset the CO2 in every gallon of fuel through its program with 4AIR, continuing its commitment to minimize its environmental footprint.When considering expanding our fleet offerings, the cabin experience and operating efficiency were important considerations,said Nicholas Cooper, Co-Founder and Chief Commercial Officer of Volato. "Gulfstream and the G280 was the clear choice as being best in class and we are excited to begin this relationship with Gulfstream.Gulfstream is grateful to Volato for the confidence they have placed in us and in the Gulfstream G280 as they expand their fleet, said Scott Neal, Senior Vice President of Worldwide Sales, Gulfstream. The G280 is an outstanding aircraft, and I look forward to Volato's customers benefiting from its cabin comfort and class-leading performance capabilities. The Gulfstream G280 will service Volato's existing owner's private aviation needs through direct fractional ownership or access to the aircraft through their HondaJet fractional ownership. As owners can fly as little or as much as they like, while earning a revenue share whenever their aircraft flies a live leg, there is no downside to having ownership in both programs, owners simply choose the most efficient aircraft for their mission. Volato's Gulfstream G280 fleet will service the United States and nearby countries. Volato operates one of the largest and most modern fleets of HondaJets in the world with 11 aircraft and 18 on order, and now offers fractional shares in four Gulfstream G280's, the Stretch Jet Card: the only in-fleet jet card that rewards flexibility, and Volato Aircraft Management Services with a focus on HondaJets and large cabin aircraft. With IS-BAO Stage 2 and ARGUS Platinum safety ratings, and an accident-free history, Volato operates with the highest safety standards of any HondaJet operator. In addition, Volato offsets the CO2 on every gallon of fuel used by its fleet through its program with 4AIR, and provides pilots with robust training and a balanced lifestyle. Volato is positioned to be an industry leader as it continues to develop the most innovative solutions in private aviation. About Volato: Volato is a full-service aviation company providing modern ways to enjoy luxury private jets through innovative, friendly, and sustainable solutions. Volato provides a fresh approach to fractional ownership, aircraft management, jet card and charter programs. Volato's fractional program uniquely offers flexible hours and a revenue share on every live mission for owners in a fleet of bespoke HondaJet Elites which are optimized for missions of up to four passengers, and Gulfstream G280's which are optimized for missions of up to ten passengers.

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Spotlight

Air transport plays a vital role in economies. The number of flights increased by approximately 38% between 2010 and 20191 and is still expected to resume a strong long-term growth globally despite the COVID-19 crisis2 , albeit below 2019 levels for the years to come. This can mainly be attributed to strong forecasted growth in developing countries3 , especially in middle class populations, driving the need and market for greater local and global connectivity within these regions.

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