Boeing | January 27, 2022
Boeing [NYSE: BA] and China Airlines today announced the Taiwan flag carrier has ordered four 777 Freighters, adding to its extensive fleet of Boeing airplanes. Valued at $1.4 billion at list prices, the order will enable the airline to capture new market opportunities as global air cargo demand continues to grow.
"The 777 Freighter has played a critical role in our efforts to maintain profitability during the pandemic, and these additional airplanes will be an integral part of our long-term growth strategy, We are excited to add more 777 Freighters due to their operational efficiency and reliability. Our fleet modernization program will enable us to deliver added value to our customers, especially as the global supply chain continues to evolve."
-China Airlines Chairman Hsieh Su-Chien
The 777 Freighter is the world's largest, most capable twin-engine Freighter. It has a range of 4,970 nautical miles (9,200 km) with a maximum revenue payload of 102 tonnes (224,900 lbs), while contributing to a 17% reduction in fuel use and CO2 emissions per tonne compared to prior generation airplanes. In addition, the 777F will allow China Airlines to make fewer stops on long-haul routes, further reducing associated landing fees and resulting in the lowest trip cost of any large freighter.
"We are thrilled that China Airlines has again selected the 777 Freighter to serve as the backbone of its world-class air cargo fleet, The market-leading capabilities of the 777 Freighter provide added capacity, improved efficiency and greater value to China Airlines' customers, enabling the carrier to meet air cargo demand and position itself for long-term growth."
-Ihssane Mounir, senior vice president of Commercial Sales and Marketing.
In 2021, China Airlines' air cargo revenue was up 186% above the pre-pandemic year of 2019, which nearly balanced out a 96% drop in passenger revenue. Last year China Airlines Cargo recorded the best year in its history – over TWD 100 billion (USD $3.6 billion) in revenue – by leveraging its existing all-Boeing fleet of (18) 747-400 Freighters and (3) 777 Freighters. With (3) 777 Freighters already on order, China Airlines' 777 Freighter is the perfect complement to the airline's existing 747-400 Freighter fleet, seamlessly accommodating the 3-meter (10-foot) tall pallets and maximizing flexibility for its air cargo operations.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact.
SimpleFlying.com | December 29, 2021
Valnet Inc. (or “Valnet”) has successfully completed the acquisition of SimpleFlying.com (the “Company”), the leading online destination for aviation enthusiasts. The Company is a reference in the aerospace industry, providing the latest news and information on aircraft, airlines, airports, passenger experience, and other aspects of commercial aviation. In 2021, the Company also co-hosted its first ever Future Flying Forum, an industry-focused event for aviation professionals and enthusiasts alike.
“Simple Flying has been an incredible journey, from what started out as a personal passion for airlines and the commercial aviation industry has turned into a platform read and loved by millions. I would like to personally thank everyone who has been involved and made Simple Flying possible, both past and present. This acquisition marks an exciting next step in Simple Flying's journey and I'm excited for the future of the platform.”
-Simple Flying Founder and CEO, Arran Rice
Valnet is looking forward to integrating Simpleflying.com within its portfolio of brands and build upon the Company’s strong foundations - loyal readers, quality publishing and brand authority. This acquisition further strengthens Valnet’s position as the leading digital content investor that aligns itself with market-leading digital publishers.
About Valnet Inc.
Driven by passion and performance, Valnet’s overarching goal is to create and distribute content to millions of users daily across our brands. With more than 3 billion web sessions and 20 billion Youtube views, Valnet is the leading digital content investment company that owns and operates a diversified portfolio of premier publishing and studio assets.
About Simple Flying
Simpleflying.com has been online since 2018, making it one of the fastest-growing digital publishers in the commercial aviation vertical. The site served over 7 million unique monthly visitors in November 2021.
AAR | April 27, 2022
AAR CORP, a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a marketing partnership agreement with ProvenAir Technologies, LLC to enhance the digital solutions available to AAR customers.
ProvenAir’s digital solution leverages advanced technologies to analyze and dynamically generate back-to-birth (BtB) trace history for life limited parts. ProvenAir automates the BtB process to save aviation customers time, increase records quality, shorten the sales cycle, ease aircraft transitions, and increase the residual value of used serviceable material.
“ProvenAir’s mission is to redefine service in the aviation industry through innovation and technology. We make an impact by digitizing and automating a cumbersome manual process,” said James Boccarossa, ProvenAir Founder and CEO. “By partnering with AAR, one of the world’s top MROs and parts suppliers, we will be able to reach more customers and help those customers realize their digitization goals.”
“AAR continues to focus on digital solutions that enhance and differentiate our offerings. We are impressed by ProvenAir’s technology and have been able to realize internal efficiencies from utilizing ProvenAir for our own Parts Supply and Landing Gear needs. Leveraging our global sales team to connect aircraft owners and operators with ProvenAir for the benefit of our customers is a natural progression of our relationship.”
Rahul S. Ghai, AAR Chief Digital Officer
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair, and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems operations.
ProvenAir is a technology company with a service platform that, with the click of a mouse, dynamically generates consistent, easy to follow, back-to-birth trace insights for life limited material. The ProvenAir system uses proprietary algorithms and advanced technology to scan, digitize, and categorize maintenance records, precisely interpret life limited part usage, and create historical trace timelines and exception reports for assemblies, sub-assemblies, or individual parts.
DESIGN AND ENGINEERING
ZEVA | January 15, 2022
ZEVA, a pioneer in zero-emission electric vertical takeoff and landing (eVTOL) aircraft transportation, successfully achieved its first untethered, powered, controlled flight test for its full-scale ZEVA ZERO flying wing airframe utilizing its eight zero-emission electric motor-driven propellers. The major milestone for the Tacoma-based startup was captured in this new video in rural Pierce County, Washington, on Sunday, January 9th, 2022 as part of its rigorous test program to achieve FAA airworthiness certification.
The uncrewed ZEVA demonstration aircraft completed four flights, totaling more than four minutes of controlled hovering, simulated taxiing maneuvers at slow speeds, and limited vertical climb maneuvers. Its compact airframe is designed for a single pilot and is small enough to fit in a standard automobile parking space. The vehicle is projected to cruise at speeds of up to 160 mph with a range of up to 50 miles, optimizing point-to-point travel.
“This is a huge inflection point for ZEVA as we join an exclusive set of proven flying eVTOL platforms, and a testament to the relentless hard work and ingenuity of our entire team over the past two and half years, We are dissecting our learnings from our critical first taxiing flight, which is a direct result of the support we’ve received from our investors and community, leading us to bring in additional talent to spearhead this historic moment. We are eager to continue to our next stage of hover flight testing on our road to certification and eventual autonomous flight allowing anyone, not just pilots, to access zero-emission point-to-point travel.”
-Stephen Tibbitts, CEO and Chairman of ZEVA.
ZEVA experienced tremendous growth this year, with the addition of Gus Meyer as flight control engineer and several other key hires. The team completed more than 50 successful tethered flights, showcased the ZEVA ZERO aircraft at the Dubai Air Show in November, and was awarded a grant by Washington’s Joint Center for Aerospace Technology Innovation (JCATI) to work with Washington State University on ZEVA Aero’s aerodynamic configurations to optimize the vehicle’s thrust and controls. ZEVA has also worked with NASA in conjunction with its Urban Air Mobility Grand Challenge.
ZEVA will continue hover flight tests and advance to transition flight testing this spring to fine-tune the unique Superman-like trajectory of the aircraft design. The patent-pending design is expected to be available for pre-order for consumers for a $5,000 deposit as early as spring of this year, with an eventual price tag for the first production units estimated at under $250,000.
ZEVA is bringing personal air transportation to everyone with an affordable, electric vertical takeoff and landing (eVTOL) aircraft called the ZERO. The Tacoma, Washington startup launched in 2017. ZEVA’s founding team delivers decades of experience leading teams of engineers and managing multi-million dollar R&D budgets to develop and mass-produce electronics at both start-ups and multinational corporations.