BUSINESS AVIATION

Jean-Marc Lemaitre Joins SkyThread as EVP-Customer Success

SkyThread | January 18, 2022

Aerospace News
Jean-Marc Lemaitre has been named Executive Vice President of Customer Success for SkyThread, a blockchain-enabled data-network company providing error-free exchange of data among commercial aviation stakeholders.

"Jean-Marc is a proven leader with extensive experience in the aviation aftermarket and has served in a variety of roles with original equipment manufacturers, He has a great deal of credibility and a reputation for integrity, traits essential for stakeholder trust and confidence, and compatible with the values of the SkyThread team."

- Mark Roboff, Chief Executive Officer of SkyThread.

Lemaitre said digital transformation in the aerospace industry currently is focused primarily on analytics, thus overlooking a key area of improvement that is SkyThread's focus.

"That key area is the ability to rapidly record error-free aviation transactions, which is a far more fruitful pursuit, As the industry struggles to streamline transactions and unleash more than $30 billion in unrealized value, accelerating error-free data exchange among all participants is key to customer success," he said. "I look forward to helping customers streamline transaction processes and accelerate our industry's necessary digital transformation without additional capital investment."

- Jean-Marc Lemaitre

About SkyThread
SkyThread is a blockchain-enabled data network provider focused on empowering commercial aviation stakeholders to unleash more than $30 billion in value by rapidly accelerating error-free data exchange among participants. The company has developed a trustworthy, federated system of record coupled with industry-leading validation logic that makes data permanent and unchangeable. We call this authenticating "Data for the Life of the Aircraft." The system is compatible with existing legacy IT systems and requires no capital investment from aviation stakeholders such as airlines, lessors, airplane manufacturers, regulators, and suppliers. SkyThread's intent is for the data exchange's rules to be governed by an independent, consensus-driven, and neutral consortium comprised of diverse industry stakeholders, in which SkyThread plans to be a supplier member.

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KUKA proves its technical expertise with the integration of cooperative robots in assembly processes. This solution reaches high levels of synchronization and accuracy and successfully meets customer requirements. It can be completed with a dedicated effector for restricted accessibility areas.


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AEROSPACE

JetBlue Becomes Anchor Tenant at Orlando International Airport’s New Terminal

JetBlue | October 28, 2022

Beginning today, JetBlue officially became the anchor tenant at Orlando International Airport’s (MCO) brand new state-of-the-art Terminal C. It marks a full move of the airline’s operation in Orlando, with all JetBlue flights arriving and departing at the new facility. JetBlue ceased flight operations at its former home at Terminal A, with its final flight on Oct. 24. JetBlue is now the only U.S. carrier in the new Terminal C, operating the largest number of gates, 10 in total, all outfitted with biometric boarding. The move bolsters JetBlue’s service to the region, with plans to operate nearly 70 daily flights to 22 destinations during the peak holiday travel period in December of this year. “We are excited to lead the way as the anchor tenant at Orlando International’s new Terminal C, The terminal’s offerings are great, with remarkable architecture and a variety of food and retail options. This move not only shows our commitment to Orlando and the greater area, but it will also provide a new and elevated experience for our customers as we continue our growth in the region.” Joanna Geraghty, president and chief operating officer, JetBlue JetBlue customers traveling to and from Orlando International are now able to enjoy the new Terminal C’s modern, bright design and technology. The terminal includes a state-of-the-art baggage handling system, 100 percent-automated TSA screening lanes, and facial recognition systems for international departures and arrivals. Terminal C is a vision-to-reality story that fits well with JetBlue’s values and award-winning innovation, said Kevin Thibault, chief executive officer, Greater Orlando Aviation Authority. “We welcome JetBlue to Terminal C and look forward to having it provide an enhanced travel experience for the domestic and international passengers they serve annually. The new facility features more than 10 retail options and over 20 food and beverage locations and boasts a commitment to sustainability. Travelers will find arrivals on the third level, departures, ticketing and security on the second level, and ground transportation on the first level. Parking is offered at the corresponding Parking Garage C, and a mother’s nursing station and pet relief areas are also available. The facility links to a brand-new rail station that will connect Brightline rail service to and from South Florida and a planned future link to local SunRail service. JetBlue in Orlando Orlando has been a JetBlue focus city since 2008. The airline currently employs more than 4,000 crewmembers based in Orlando, with JetBlue’s Orlando Support Center (OSC) serving as both a pilot and inflight crewmember (flight attendant) training base. JetBlue’s OSC includes a state-of-the-art training facility featuring classrooms, flight and cabin simulators, a ditch pool and other aviation related equipment used to train all new crewmembers joining the airline, as well as those requiring recurrent training over time. JetBlue’s Orlando training facility also includes The Lodge at OSC, the airline’s 24/7 dormitory facility dedicated to providing a focused training environment for crewmembers. The Lodge was thoughtfully designed to reinforce JetBlue's values, inspire collaboration and team building in the delivery of aviation services, and curate the JetBlue experience to the airline's own crewmembers. About JetBlue JetBlue is New York's Hometown Airline®️, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom.

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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. 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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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COMMERCIAL AVIATION

CDB Aviation Leases Six A320neos to Air India

CDB Aviation | November 14, 2022

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced on the sidelines of Airline Economics Growth Frontiers Asia Pacific 2022 conference the signing of lease agreements for a fleet of six Airbus A320neo aircraft with India’s leading airline, Air India. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India’s additional A320neo aircraft under the recently announced multi-stage transformation plan since the purchase of the airline by Tata group, which aims to increase the carrier’s fleet and help it boost both domestic and international operations. The aircraft will be delivered in the second half of 2023. “Our commercial team is delighted to have worked closely with Air India to help solve their fleet requirements with these new Airbus narrowbody aircraft from our orderbook, These fuel-efficient, new generation aircraft are well suited to support Air India’s fleet revitalization initiatives, positioning the airline for sustained growth and profitability.’’ Ryan Barrett, CDB Aviation’s Head of Asia Pacific. Commenting on the agreement, Nipun Aggarwal, Chief Commercial Officer of Air India, said: “This is an important agreement, which will help us to strengthen our fleet with state-of-the-art aircraft. This will boost our connectivity, especially on the short and medium-haul routes, and is an important step ahead in our transformation journey. India is an increasingly important region for CDB Aviation, being the second largest Asia Pacific market for new aircraft deliveries, with nearly 1,000 Boeing and Airbus jets in its orderbook,” explained Peter Goodman, CDB Aviation’s Chief Commercial Officer. “Our commercial team remains steadfast in its outreach efforts across Asia Pacific, leveraging our platform’s resources and scale to support the region’s airlines in restoring their networks and growing their fleets. About Air India Founded by the legendary JRD Tata, Air India pioneered India’s aviation sector. Since its first flight on October 15, 1932, Air India has an extensive domestic network and has spread its wings beyond to become a major international airline with a network across USA, Canada, UK, Europe, Far-East, South- East Asia, Australia and the Gulf. Air India is a member of Star Alliance, the largest global airline consortium. After 69 years as a government-owned enterprise, Air India and Air India Express were welcomed back into the Tata group in January 2022. The present management at Air India is driving the five-year transformation roadmap under the aegis of Vihaan.AI to establish itself as a world-class global airline with an Indian heart. www.airindia.in About CDB Aviation CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), a 36-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody’s (A2), S&P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is the world’s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating.

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AIR TRANSPORT

American Airlines Makes Equity Investment in Universal Hydrogen

American Airlines | October 11, 2022

American Airlines today announced its strategic equity investment in Universal Hydrogen Co., a company building a green hydrogen distribution and logistics network for aviation. The investment supports American’s science based targets to reduce greenhouse gas (GHG) emissions by 2035, and ultimately its commitment to achieve net zero GHG emissions by 2050. This investment makes American the first U.S. airline to make two direct investments focused on the development of both hydrogen-electric propulsion technology and the future of hydrogen distribution logistics.Universal Hydrogen’s fuel distribution network uses modular hydrogen capsules that are handled like cargo, eliminating the need for new fueling infrastructure at airports and speeding up fuel loading operations. Universal Hydrogen anticipates starting hydrogen deliveries for regional aircraft in 2025, with plans to expand its services to larger, single aisle aircraft first for auxiliary power in the late-2020s and then as a primary fuel by the mid-2030s. Because these segments represent two-thirds of aviation emissions and with green hydrogen being a true zero-carbon fuel these advances put aviation on a path to meet Paris Agreement emissions targets. “This technology has the potential to be a game-changer on the industry’s path to zero-emission flight ,As the world’s largest airline, American has a responsibility to exercise leadership in making aviation sustainable. Our investment in Universal Hydrogen represents a vote of confidence for green hydrogen as a key element of a sustainable future for our industry.” American Airlines Chief Financial Officer Derek Kerr American joins Airbus Ventures, GE Aviation and Toyota Ventures, as well as several major hydrogen producers and aircraft lessors, as strategic investors in Universal Hydrogen. Together with our investors, we are putting together the end-to-end value chain to make hydrogen aviation a near-term commercial reality,said Paul Eremenko, co-founder and CEO of Universal Hydrogen. This move by American is a strong signal that customers want a true zero-emissions solution for passenger aviation and are willing to back tangible, pragmatic steps to get there quickly. About American Airlines Group To Care for People on Life’s Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock is included in the S&P 500. Learn more about what’s happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines. About Universal Hydrogen Universal Hydrogen is building a hydrogen logistics network to fuel the future of aviation today. Hydrogen is the ideal fuel for flight and will power aviation’s new golden age, where planes are powered by renewables and emit nothing but water. The company’s modular hydrogen capsules move over the existing freight network from production directly to the airplane anywhere in the world. Universal Hydrogen is also working to certify a powertrain conversion kit to retrofit existing regional aircraft to fly on hydrogen. The company has gathered the world’s leading aviation and hydrogen talent to give the industry the option of clean flight, forever.

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Spotlight

KUKA proves its technical expertise with the integration of cooperative robots in assembly processes. This solution reaches high levels of synchronization and accuracy and successfully meets customer requirements. It can be completed with a dedicated effector for restricted accessibility areas.

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