Vietnam Airlines Launches Three Nonstop Domestic Routes for Better Connectivity and Trading Business

Vietnam Airlines | July 06, 2020

Vietnam Airlines is stepping up its flying out of Da Lat in southern Vietnam. From July 2, the airline will begin flying to Can Tho from Da Lat. Shortly after, new routes between Da Lat and Hue and Da Lat and Thanh Hoa will begin. The new flights are aimed at improving connectivity and trade between Vietnams’ provinces and cities.

Spotlight

Airbus delivered 800 commercial aircraft to 93 customers in 2018, meeting its full year delivery guidance and setting a new company record.


Other News
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.

Read More

AVIATION TECHNOLOGY

Boom Supersonic Announces Second Annual Net Good Summit to Accelerate Path to Net-Zero Travel

Boom Supersonic | September 13, 2022

Boom Supersonic, the company building the world's fastest airliner, optimized for speed, safety, and sustainability, today announced its plans for the second annual Net Good Summit, an invitation-only event dedicated to shaping a more sustainable future for the travel industry. The second annual Net Good Summit will take place October 23-25, 2022 in Del Mar, California. Boom Supersonic convened the inaugural Net Good Summit in November 2021 and hosted sustainability thought leaders and senior executives from American Express, Amazon Air, Climeworks, IWC Schaffhausen, HMMH, Shell Aviation, Oklo, Global Sustainable Tourism Council, U.S. Travel Association, Boston Consulting Group, and more. This October's Net Good Summit will focus on three themes critical to creating systemic change in sustainable travel: enabling the exponential growth of sustainable technologies, integrating sustainability across the travel journey, and engaging and educating the traveler. Among the program speakers already announced are Michael Shellenberger, President, Environmental Progress; Stephanie M. Jones, Founder & CEO, Cultural Heritage Economic Alliance, Inc. and Founder, National Blacks in Travel & Tourism Collaborative; and Steven Davis, Head of Climate Science, Watershed and Professor of Earth System Science at University of California-Irvine. Additional speakers and panelists will be announced as the event programming is finalized. "For travel to remain a net good for society, it must also be sustainable,. We're proud to host the 2022 Net Good Summit, bringing together a dynamic group of thought leaders, sustainability experts and industry leaders to further the sustainable future of travel." Kathy Savitt, President and Chief Business Officer of Boom Supersonic The Net Good Summit is the annual symposium for the Sustainable Travel Forum, which Boom launched late last year to propel learnings from the Summit into solutions. Members of the Sustainable Travel Forum include Amazon Air, Archer Aviation, American Express, American Express Global Business Travel, IDEO, Japan Airlines, Prometheus Fuels, Shell Aviation, South African Tourism, Tourism Australia, U.S. Travel Association, United Airlines, Visit Britain, and Volta Charging. A commitment to speed, safety and sustainability has been at the core of Boom's philosophy since the company's founding in 2014. Overture, the company's supersonic airliner, will be the first commercial airliner program to be net-zero carbon from day one, optimized to run on 100% sustainable aviation fuel (SAF). In May 2022, Boom released its first annual Environmental Sustainability report, detailing the company's achievement of carbon neutrality in 2021 and reiterating its commitment to net-zero carbon by 2025. In July 2022, Boom released the findings of an extensive research project led by Ben Murphy, VP of Sustainability at Boom, and Akshay Ashok Ph.D., Sustainability and Regulatory Specialist at Boom. The report highlights key drivers of exponential growth which can help achieve rapid scaling of the SAF industry. Boom also recently announced a 10-year agreement with Climeworks to remove part of Boom's residual CO₂ emissions from the atmosphere and permanently store them underground. Further adding to Boom sustainability efforts, the Overture Superfactory, which will be designed and built by BE&K Building Group and BRPH, will be LEED certified. Boom was named one of this year's honorees in Travel + Leisure's Global Vision Awards, which highlights changemakers creating more sustainable and responsible travel products, practices, and experiences. About Boom Supersonic Boom Supersonic is transforming air travel with Overture, the world's fastest airliner, optimized for speed, safety, and sustainability. Serving both civil and government markets, Overture will fly at twice the speed of today's airliners and is designed to run on 100% sustainable aviation fuel (SAF). Overture's order book, including purchases and options from American Airlines, United Airlines, and Japan Airlines stands at 130 aircraft. Boom is working with Northrop Grumman for government and defense applications of Overture. Suppliers and partners collaborating with Boom on the Overture program include Collins Aerospace, Eaton, Safran Landing Systems, the United States Air Force, American Express, Climeworks, and AWS.

Read More

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.

Read More

AVIATION TECHNOLOGY

Electra Flies Solar-Electric Hybrid Research Aircraft

Electra | September 28, 2022

Electra.aero, Inc , a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, announced today that it has completed the first flight of a solar-battery hybrid electric research aircraft. This 90-foot wingspan unmanned aircraft system (UAS) made its first flight from Manassas Regional Airport, Virginia on September 9, 2022, and is the first airplane to emerge from Electra's new development facility there.The new plane, named Dawn One, is part of the Stratospheric Airborne Climate Observatory System (SACOS) program. SACOS is being developed under the leadership of Professor James G. Anderson at Harvard University. The project is supported by a contract from the National Aeronautics and Space Administration (NASA) and by the Weld Foundation for Scientific and Environmental Development. "SACOS is designed to innovatively address a broad range of scientific missions and serve as a climate observing system that will herald a new era in the quantitative dissection of the physics, chemistry, and biology controlling critical climate systems. Following the lead of the new National Academy of Sciences report Global Change Research Needs and Opportunities for 2022-2031, SACOS promises to dramatically expand our national climate research capabilities," Professor Anderson.Harvard University The high-spatial resolution observations from SACOS will provide, for the first time, quantitative forecasts of risk associated with rapidly expanding wildfires, the increasing rate of sea level rise, the intensification of severe storms, and global shifts in arid regions that trigger water shortages. Moreover, these quantitative forecasts of risk will, in turn, establish the essential intellectual links directly coupling irreversible changes in the climate structure to economics, public policy, and associated societal instability, Professor Anderson explained. The Dawn One project originated at the Massachusetts Institute of Technology (MIT) led by Professors John Hansman and Mark Drela. Detailed design, construction, and testing of the aircraft were led by Electra. This solar-battery aircraft is part of Electra's ongoing development of reduced and zero-carbon aircraft propulsion technologies, which also include turbine-electric and hydrogen fuel cell-based hybrid systems. The SACOS flight is part of the public celebration of the 2021 Dreyfus Prize in Chemical Sciences, to be presented to Professor Anderson on September 29, 2022 at Harvard. JP (James) Stewart of Electra and Annick DeWald of MIT led the aircraft team that included researchers and students from MIT, Harvard, Virginia Tech, Penn State, Stanford, Tuskegee, Embry Riddle, University of Michigan, San Diego State, and The University of Texas at El Paso. About Electra Electra.aero, Inc. is a next-gen aerospace company leading the way in building aircraft for sustainable air transportation. Electra's first commercial product is a clean, hybrid-electric, ultra-short takeoff and landing (eSTOL) airplane for urban and regional air mobility. Electra's eSTOL will quietly fly people and cargo with greater payload, longer range, and significantly lower operating costs than comparably sized vertical takeoff alternatives. Electra is based in Virginia and has operations in Massachusetts and Switzerland.

Read More