WingX: World Bizav Traffic Slowly Rising

WingX | May 22, 2020

Global business aviation traffic is down by 55 percent year-over-year as the industry continues dealing with the headwinds posed by the Covid-19 pandemic, according to the latest statistics released on Thursday by data provider WingX. In its weekly Global Market Tracker, the company noted that the 113,000 legs flown thus far in May stands in contrast to the 254,000 a year before. On average, 2,600 business aircraft were active each day in May, representing 44 percent of the number usually deployed.
But the Hamburg, Germany-based WingX noted some cause for optimism as the seven-day rolling average jumped from 4,800 flights on May 1, to 6,800 on May 19. At its low point in mid-April, the total plunged below 3,700 daily flights. In contrast, commercial scheduled flights are still around 85 percent below normal levels.

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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

BNDES finances Embraer's aircraft production for export

Embraer | November 15, 2022

The Brazilian National Bank for Economic and Social Development (BNDES) approved financing to Embraer S.A. (B3: EMBR3, NYSE: ERJ) for producing and exporting commercial aircraft manufactured by the company. The operation, in the order of R$ 2.2 billion (US$ 400 million), will be carried out through the BNDES Exim Pre-shipment, a direct bank credit line to produce national goods destined for export. BNDES operation reinforces the US$ 650 million revolving credit funding recently announced by Embraer with a foreign financial institutions group. The financing consummation is subject, among others, to the fulfillment of previous conditions established by BNDES and the execution of the respective contract. "Credit operations are important for the resumption of aircraft production by Embraer at pre-Covid-19 pandemic levels and reinforce the strategic partnership between BNDES and Embraer started in 1997, consolidating BNDES support to the aeronautical industry and the export of Brazilian aircraft," Bruno Aranha, director of BNDES. "The longevity of the partnership between Embraer and BNDES illustrates the strength of this relationship that stimulates Brazilian exports and benefits society. Together with other actions that we are carrying out with Brazilian and international financial institutions, this operation reinforces our credibility for access to financial resources that will contribute to executing our growth plan," said Antonio Carlos Garcia, CFO of Embraer. The aviation sector is considered strategic due to the high technology involved, the employment of qualified labor, and the ability to generate innovations with positive impacts on the country's economy, in addition to being a relevant industry for guaranteeing national sovereignty through Defense products. Brazil is a country that can design, manufacture, and export Commercial, Executive, Defense, and Agricultural aircraft worldwide. Since 1997, when BNDES began to support Embraer, the bank has financed approximately US$ 25 billion in exports of the company's aircraft, enabling the export of more than 1,275 units to airlines around the world. During the period, the contracted operations enabled the Brazilian manufacturer to compete in the foreign market on equal terms with its competitors. About BNDES Founded in 1952 and currently linked to the Ministry of the Economy, BNDES is the main instrument used by Brazil's Federal Government to promote long-term investments in the Brazilian economy. Its actions focus on socio-environmental and economic impacts in Brazil. The bank offers special conditions for micro, small, and medium-sized enterprises, as well as social investment credit lines for education and healthcare, family agriculture, basic sanitation, and urban transport. In crisis situations, the bank acts in an anticyclical manner and assists in formulating solutions for the resumption of economic growth. About Embraer A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing after-sales service and support to customers.

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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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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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