MAG welcomes clear path to net zero air travel provided by new decarbonisation Road-Map

UK’s largest group of airports welcomes updated Road-Map to accelerate use of decarbonisation technologies

MAG remains committed to driving work to ensure airport infrastructure can facilitate wide-spread use of zero emission fuels

Group also welcomes Philip New’s report on SAF and the Jet Zero Council’s 2-year plan

 

Manchester Airports Group (MAG) welcomed yesterday’s publication of a new decarbonisation Road-Map by industry coalition Sustainable Aviation (SA).

The new Road-Map reflects the advancements made in decarbonisation technologies in the UK, which will allow the aviation industry to continue to move at pace towards its collective target of net zero by 2050.

MAG, which owns and operates Manchester, London Stansted and East Midlands Airports, will continue to play an important role in the facilitating the use of new low and zero carbon aviation technologies.

MAG is a member of the Government’s Jet Zero Council as well as its Sustainable Aviation Fuels (SAFs) and Zero Emission Flight Infrastructure sub-groups. This means it has a front row seat helping to shape how UK airports can prepare for and introduce new technologies, including Sustainable Aviation Fuels and Hydrogen technology.

The Group has already taken significant steps in its work to secure new technologies at its airports. Manchester Airport has announced partnerships on both SAF and hydrogen. In October 2021, it signed a Memorandum of Understanding with Fulcrum Bioenergy UK which aims to make Manchester Airport the first airport in the UK to have a direct supply of SAF by the mid-2020s, and in November 2022 signed a partnership with HyNet which set out plans to become the first airport with a pipeline of hydrogen fuel by the mid 2030s.

MAG CEO, Charlie Cornish, said:  “This updated Decarbonisation Road-Map demonstrates the commitment of the UK aviation industry to delivering a more sustainable future, and gives confidence to the travelling public that we are collectively accelerating towards net zero by 2050.  

 “The Road-Map highlights the progress we are making with decarbonisation technologies to ensure that the wide-ranging benefits of international travel can continue to be felt for generations to come, without carbon emissions.

 “As an airport operator, MAG is focused on supporting the development of sustainable aviation fuels, zero emission flight infrastructure and the transformation of the airspace surrounding our airports - to ensure our collective target for net zero is achieved.

Air France-KLM, Air France and KLM signed two Revolving Credit Facilities linked to ESG KPIs for a total amount of €2.2 billion

Air France-KLM, Air France and KLM signed two

Revolving Credit Facilities linked to ESG KPIs for a total amount of €2.2 billion

Strong show of confidence from international financial institutions in support of Air France-KLM and its airlines’ financial ESG trajectory

ESG-linked RCFs to align Groups’ financial tools to decarbonization trajectory

KLM cancelled both the remaining direct loan and the existing credit facility guaranteed by the Dutch State.

Following the intention expressed during the presentation of the Group’s Full Year 2022 results on February 17, 2023, Air France-KLM, Air France and KLM have signed two ESG KPI-Linked Revolving Credit Facilities (“RCF”) with a large pool of international financial institutions, for a total amount of €2.2 billion.

Avolon delivers 15 Airbus A320neo jets to Vistara

 

Avolon, the international aircraft leasing company, announces it has completed the delivery of 15 A320neo aircraft to Vistara, a joint venture of Tata Group and Singapore Airlines.

 

Paul Geaney, President and Chief Commercial Officer, Avolon commented: “We are delighted to have completed this delivery of 15 fuel efficient new technology aircraft to Vistara. The rapidly growing Indian aviation market is benefitting from Vistara’s continued success and we welcome the opportunity to have supported this expansion of their A320neo fleet.”

 

Deepak Rajawat, Chief Commercial Officer, Vistara commented: “A modern and efficient fleet is the backbone of any airline operations and enables consistent growth. We are pleased to have worked with Avolon on the delivery of these 15 aircraft which enabled us to continue our expansion and offer greater connectivity to our customers.” The airline currently has a fleet of 59 aircraft, including 45 Airbus A320neo, 8 Airbus A321, 2 Boeing 737-800NG and 4 Boeing 787-9 Dreamliner and has flown more than 45 million customers since starting operations. 

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LATAM continues to expand its network of destinations

LATAM group delivered the news of its operation for the coming weeks, highlighting the resumption of the route between Santiago and Melbourne (operated by LATAM Airlines Group) with three weekly flights from September 1 this year. LATAM Airlines Brazil also announced the expansion of its codeshare agreement with Voepass, allowing LATAM customers to access 13 new destinations within Brazil: Ipatinga, Barreiras, Feira de Santana, Valença, Paulo Afonso, Teixeira de Freitas, Lençóis, Fernando de Noronha, Uruguaiana, Santa Maria, Pelotas, Santo Ângelo and Aracati.

Finally, LATAM Cargo announced a new route between Quito and Brussels, with four weekly frequencies, allowing for the reduction of transport time and maximization of its transfer capacity between both places.

Operational statistics for March 2023

In March 2023, passenger traffic (measured in revenue passenger-kilometers - RPK) grew by 28.4% compared to the same period in 2022, and operations measured in ASK (available seat-kilometers) increased by 30.0%. This implied that the load factor decreased 1.0 percentage points, reaching 80.1%.

In cargo, the load factor was 55.0%, which corresponds to a decrease of 5.6 percentage points compared to March 2022.

The above table summarizes the operational statistics for the month and the year to date for the main business units in LATAM

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Strong recovery for VINCI Airports as latest figures released.

● Strong recovery (54%) in the first quarter of 2023 compared to the same period last year

● All-time record traffic numbers in Q1 in Portugal, Serbia, Mexico, the Dominican Republic and Costa Rica

● Excluding Asia, VINCI Airports’ overall traffic numbers are nearing pre-pandemic levels (just 4% below 2019 levels)

● Improvement in Asia driven by domestic traffic in Japan and international regional travel

Airports in the VINCI Airports network welcomed over 56 million passengers in Q1 2023, i.e. almost 20 million more than in 2022 – 12% down on the same period in 2019, and just 4% down when excluding Asia. Domestic traffic has almost returned to pre-pandemic levels (3% down across the entire VINCI Airports network in March), while international traffic continues to improve (15% down). A number of airports in Europe and the Americas enjoyed record-breaking traffic numbers – exceeding those of 2019 – powered by extremely robust demand and the boom of offers implemented during the crisis.

Traffic at our airports in Portugal came to 13 million passengers in Q1 2023, 15% up on 2019, benefitting from the rapid growth in seats offered by airlines in all segments – both traditional and low cost. While Madeira remains a popular destination (with a 44% rise in traffic at Funchal, due in part to Ryanair opening a new base in April 2022), Lisbon welcomed a record 7 million passengers this quarter (up by 14%) – driven by the excellent performance of connections with France, the UK and Brazil, among others. The US market also contributed, with new routes to Chicago and San Francisco, for example. Belgrade airport in Serbia, 27% up on 2019, continues to benefit from the strong momentum of routes to Turkey (up by 84%) while developing links with other destinations, such as France, Germany and China. Supply has also increased here, for example by way of Wizzair’s third aircraft stationed at Belgrade in April 2022, followed by a fourth in April 2023. Meanwhile, in Mexico, traffic at OMA airports is enjoying buoyant growth this quarter, driven by the rapidly growing capacity of Viva Aerobus (91% up), Volaris (40%) and American Airlines (82%), contributing to increasing traffic – both domestic and to the US (24%).

Elsewhere, the recovery continues – like at London Gatwick, where traffic bounced back this quarter, particularly to Mediterranean destinations. The airport continues to improve its connectivity, as illustrated by the new flights announced for the summer (including Norse Atlantic, with five aircraft stationed at Gatwick for transatlantic connections). A number of companies, including Sky Airlines (up by 11%), bolstered their capacity at Santiago airport in Chile – contributing, for example, to the swift improvement of domestic traffic (3% down in March). In France, alpine airports have made a clear recovery with the first full ski season since 2019, but that progress was held back slightly at certain airports in March, when traffic was interrupted due to strikes by aviation workers.

Cathay Pacific leading the way to go Greener Together by planting 20,000 mangrove trees in Southeast Asia - 1 ticket = 1 tree....

Cathay Pacific will be planting 20,000 mangrove trees in Southeast Asia this year, to honour its commitment to plant a tree for every flight ticket purchased in the region during the 1 Ticket, 1 Tree campaign held in November 2022. 

To commemorate Earth Day, which falls on 22 April 2023, volunteers comprising Cathay Pacific employees, trade agents and other partners will be gathering at various mangrove forests across Southeast Asia in April and May to kickstart the planting of mangrove trees in their respective countries. One of the first planting sites is in Hagonoy, Bulacan in the Philippines, where 8,000 mangrove trees will be planted. The remaining 12,000 trees will be planted in Thailand, Indonesia, Malaysia and Vietnam.

Fostering stronger partnerships to go “Greener Together” and leading the way towards a more sustainable future is a central theme of Cathay Pacific’s sustainability efforts. Aligned with this, 1 Ticket, 1 Tree was launched in Thailand in 2021, with the aim of supporting local communities, restoring local habitats and driving climate resilience. The campaign was rolled out to the whole of Southeast Asia in 2022, with the airline committing to plant a tree for every ticket purchased from the Philippines, Thailand, Indonesia, Malaysia, Vietnam, Cambodia and Singapore. The airline is working with local environment and community partners for the tree-planting effort.

Fines cut in half for Wimbledon as ban on Russian and Belarusian players lifted.

The Women’s Tennis Association - the world governing body for women’s tennis has cut in half its fine on the UK's Lawn Tennis Association it imposed after last year's ban on Russian and Belarusian players competing at last year's Wimbledon Tournament. 

According to The Guardian newspaper, the LTA appealed against the WTA’s fines and now the organisations ultimately agreed to halve their portion of the fine to $375,000 (£302,000) after the LTA backed down and reversed its ban this year and allow Russian and Belarusian players to compete at its events.

For the LTA,  money is more important than standing up for Ukraine, Scott Lloyd, the LTA’s CEO said "we feel so strongly that is the right thing"

Air France and Airbus acquitted of manslaughter charges over 2009 Rio-Paris crash

Air France and the European plane manufacturer Airbus have been acquitted over the 2009 crash of a Rio-Paris flight AF447, after a French court ruled today that their errors could not be proven as the cause of the crash. 

The disaster took the lives of all 228 people onboard the jet and is the worst aviation disaster for the Paris-based airline. 

According to France 24, while the ruling was expected after prosecutors recommended to the Paris court not to seek a conviction, it is still a huge blow for families of victims who have waged a 14-year campaign for justice.

In a statement,  Air France said it "takes note of the judgement" and "The company will always remember the memory of the victims of this terrible accident and expresses its deepest sympathy to all of their loved ones."

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UAE Ratification of MP14 Boosts the Global Fight Against Unruly Passengers

Photo by Christoph Schulz on Unsplash

The International Air Transport Association (IATA) welcomes the United Arab Emirates (UAE) ratification of the Montreal Protocol 2014 (MP14), a move that will strengthen the global legal deterrent against unruly and disruptive passenger incidents onboard flights.

“IATA welcomes the leadership shown by the UAE in ratifying MP14. Not only will this give the UAE authorities important new powers in dealing with unruly passengers that land in the country, but as a major aviation market and ICAO Council member, it will also encourage other States to ratify MP14. Ensuring greater international harmonization and strengthening the legal deterrent against unruly and disruptive passengers who pose a threat to passenger and crew wellbeing and safety onboard is a priority for the entire airline industry,” said Kamil Al-Awadhi, IATA’s Regional Vice President Africa & Middle East.

Effective from 1 May, authorities in the UAE will have the jurisdiction to manage unruly and disruptive passengers that land in the country, irrespective of where the aircraft is registered. This resolves an existing gap in international aviation law that often results in those accused of unruly behavior from being prosecuted for their misbehavior. In a survey, 60% of IATA member airlines cited lack of jurisdiction is a key factor for why prosecutions do not proceed.

Unruly and disruptive passenger incidents on board flights include physical assault, harassment, smoking or failing to follow crew instructions. These incidents may compromise flight safety, cause significant delays and operational disruption, and adversely impact the travel experience and work environment for passengers and crew.

The UAE is the 44th State to ratify MP14 and it is estimated that more than a third of international traffic is covered by States that are parties to it.  Important aviation markets in the Middle East region have led the way in ratifying this important treaty. In addition to the UAE, Bahrain, Egypt, Jordan, Kuwait, Oman and Qatar have ratified MP14, representing 16% of the total States that are parties.

 

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RAF and German Air Force team up to intercept Russian fighters and intelligence aircraft over the Baltic Sea

Typhoon fighter jets from the Royal Air Force and German Air Force have conducted a joint mission to intercept three Russian aircraft flying over the Gulf of Finland and Baltic Sea.

Eurofighter Typhoons from the RAF’s IX (B) Squadron and the German Air Force’s 71 ‘Richtofen’ Wing were scrambled to intercept and visually identify several unidentified aircraft flying close to NATO airspace. The two forces are currently working side-by-side as part of Operation Azotize to protect the eastern flank of NATO’s border.

One of the aircraft was identified to be a Russian Air Force IL-20 Coot-A intelligence aircraft transiting from mainland Russia to the Kaliningrad enclave. It was met by two Russian SU-27 Flanker-B fighter jets based in Kaliningrad which escorted the Coot-A south through the north-west area of the Estonian flight information region.

An RAF Pilot, IX (B) Squadron said: "We often see Russian military aircraft flying over the Baltic Sea and so this was a routine intercept for us. Nevertheless, the importance of intercepting these aircraft and our commitment to the collective defence of NATO airspace remains steadfast and resolute.

What this intercept has proven is that together with our German allies, we are able to act with speed and decisiveness to effectively ensure the Alliance’s security."

The Coot-A is a signals intelligence variant of the IL-20 aircraft and was flying in a safe and professional manner. The RAF and German Typhoons escorted the Coot-A and Flanker-Bs through the Estonian flight information region before handing over to Saab Gripen fighters of the Swedish Air Force.

The Royal Air Force and German Air Force are operating Eurofighter Typhoon fighter jets out of Amari Air Base in Estonia as a combined force and this is the fifth joint intercept that the nations have conducted. Together, they are fulfilling NATO’s Baltic Air Policing Mission – Operation Azotize – and have been doing so as a combined force since the start of March.

Wing Commander Maccoll, Commanding Officer of 140 Expeditionary Air Wing said: "This was another demonstration of our readiness and commitment to react at speed to conduct a live intercept. These combined RAF and German Air Force intercepts continue to enhance NATO cohesion, ensuring seamless cooperation and understanding during these missions.

Our allies and partners in the region should remain assured that NATO is here to stay, and the UK continues its commitment to collective defence of NATO Airspace."

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RAF Voyager refuels mid-air with Sustainable Aviation Fuel......

The Royal Air Force has successfully completed a Voyager air-to-air refuelling flight, powered by an approximately 43% blend of Sustainable Aviation Fuel (SAF).

Voyager aircraft powered by 43% Sustainable Aviation Fuel (SAF) flies over North Sea.

The aircraft used a blend of traditional fossil fuels and SAF such as cooking oil.

Flight marks the launch of a new aviation Net Zero Carbon roadmap for commercial aviation.

 

An RAF Voyager aircraft

Flying from RAF Brize Norton, over the North Sea and via Farnborough on its return home, the Voyager aircraft also undertook air-to-air refuelling with Typhoons, as part of planned training.

Made from waste-based sustainable feedstocks, such as used cooking oil, SAF reduces lifecycle carbon emissions by up to 80% compared to traditional jet fuel and will be key to reducing the RAF’s reliance on global supply chains and fossil fuels, while improving operational resilience.

This significant moment follows a series of recent milestones achieved by the RAF towards a sustainable aviation future, including the world first RAF Voyager flight fuelled by 100% SAF.

Defence Minister, Baroness Goldie said:  "Greater use of alternative and sustainable fuel can only lead to positive outcomes for Defence, the United Kingdom, and our collective endeavour against climate change.

This is not an easy undertaking by the RAF, but time and again we see that by working collaboratively with our partners across industry we can achieve crucial transformation."

Part of a two-day industry led conference – Sustainable Skies World Summit - the flight marks the UK aviation industry publishing its updated aviation Net Zero Carbon roadmap outlining how commercial aviation will become more sustainable and commercially viable.

The annual event, hosted at Farnborough International Exhibition & Conference Centre, brings together various partners from industry to showcase the latest developments in sustainable aviation technology and support efforts moving towards the implementation phase of meeting its net zero commitment.

Supporting the RAF’s ambitions to be Net Zero by 2040, the Voyager flight was part of an existing task from the Chief of the Air Staff to gather the required data to inform the longer-term transition away from fossil fuels.

The RAF has identified that using SAF and alternative aviation fuels will be critical for the future operational capability of the RAF and wider military aviation.

The UK’s SAF programme is already one of the most comprehensive in the world and supports our vision to set the UK up to be a global leader in the development, production, and use of SAF.

Supporting the Prime Minister’s priority to grow the economy, new aviation technologies and fuels provide huge opportunities for economic growth, delivering jobs and prosperity across the country.

Chief of Staff Support and Chief Engineer, Air Vice-Marshal, Paul Lloyd said:

The continued success of sustainable aviation fuel is reassuring to see. If we are to achieve our net zero goal by 2040 then exploiting these technologies is going to be an enormous but worthwhile endeavour.

Despite the challenge, the benefits of reducing our reliance on traditional supply chains and fossil fuels outweigh it.

The RAF is proud to be leading in this area and I welcome the announcement introduction of commercial uses of SAF.

Providing increased reliability and range, the Voyager aircraft gives the RAF an enhanced capability in support of troop mobility, the movement of military assets, and supports UK air defence.

With a payload of 43 tonnes of freight and 291 seat passenger capacity, plus an aeromedical evacuation capability, Voyager also delivers flexibility in air mobility to the UK Armed forces in support of military and humanitarian operations.

During the two days of the Sustainable Skies World Summit, the Jet Zero Council (JZC) – a partnership between industry and government with the aim of delivering at least 10% SAF in the UK fuel mix by 2030 and zero emission transatlantic flight within a generation - will also meet. The Jet Zero Council is driving the ambitious delivery of new technologies and innovative ways to cut aviation emissions.

The SAF for the flight was sourced by International Airlines Group (IAG), and supplied by bp.

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UK Government outlines what is needed to decarbonise aviation in the next few years.....

Plans to speed up the design, manufacture, and rollout of zero-emission aircraft and infrastructure at UK airports.

• Jet Zero Council meets at Farnborough Airport and publishes 2-year-plan to support wider target of decarbonising aviation sector by 2050
• Transport Secretary delivers keynote speech at Sustainable Skies World Summit, highlighting ongoing work to produce new technology and cleaner fuels
• over £1 million government funding for important research into speeding up the development of liquid hydrogen aviation technology
• comes as the government welcomes the report by expert Philip New setting out the conditions for a successful UK SAF industry

Ministers and aviation chiefs have revealed an action plan for the next 2 years in the race to reach Jet Zero by 2050, as the government continues with ambitious plans to decarbonise faster than any other G7 country, grow the economy, and support hundreds of thousands of well-paid green jobs.

The Jet Zero Council – made up of industry, academic and government leaders – met today (17 April 2023) at Farnborough Airport. Through its 2-year plan, the council committed to continue working to speed up the design, manufacture, and rollout of zero emission aircraft and vital infrastructure at UK airports.

The plan sets out how the council will help to accelerate the production of sustainable aviation fuels (SAF), by continuing to invest millions of pounds in first-of-a-kind SAF plants, supporting crucial scientific research on a larger scale, and helping to drive down production costs.

Farnborough Airport also played host to the Sustainable Skies World Summit today, which gathers experts and leaders from the worlds of aviation, government, energy, and engineering. UK Transport Secretary Mark Harper delivered the global Summit’s keynote speech, where he stressed the importance of the partnership between government, industry and academia in the international challenge to reaching Jet Zero.

The government has also welcomed the report Developing a UK SAF industry by Philip New, former CEO of the Energy Systems Catapult and BP Alternative Energy. The independent evaluation – commissioned by the Department for Transport – assesses what conditions are necessary to create a successful UK SAF industry.

Transport Secretary Mark Harper said:

"This government is a determined partner to the aviation industry – helping accelerate new technology and fuels, modernise their operations, and work internationally to remove barriers to progress.

Together, we can set aviation up for success, continue harnessing its huge social and economic benefits, and ensure it remains a core part of the UK’s sustainable economic future."

Think Switzerland is just for skiing and chocolate?

Do you think that a holiday in Switzerland is just good for chocolate and skiing?  Then think again as there are many areas and regions that are just waiting to be explored for so many other activities, for example, biking......

Maybe you are looking for inspiration for your next active holiday,  well then why not a bike tour? In a series of articles, you'll be able to explore some of the top routes of the bike magazine RIDE.  They are called "Trail Tales" and will; take you for a ride around exquisite bike tours in the Graubünden area.  

Here's just one little sample:

Summer is finally here, or at least in our regions. And that's exactly why the summer is so special and needs to be enjoyed well. For example, with a bike tour on the Crest da Tiarms.

If this sounds like an enjoyable day to you and the weather forecast for the weekend is good, then you should oil your chain now and set off for Laax. There you will first take the gondola up to Crap Sogn Gion. And while all the other bikers turn off in the direction of the Never-End Trail, you pedal relaxed on wide paths up to Crap Masegn. Here the descent begins, so put on your schooner and lower the saddle. After a first bit of downhill, you'll have to push for a while but then you'll be standing on Crest da Tiarms, the highest point of the tour. The trail up on the ridge is scenically sensational, you’ll feel like the king of the world. But be careful: super flowing and extremely blocked sections abruptly alternate here. 

Multi-day bike tours consist of being on the road, various impressions, encounters, and experiences. Getting yourself across the mountains with your own strength. They are and shall remain: Road trips on a small, a cinema for the mind on a large scale. Because – Graubünden is way too nice to only experience this biking region during a single day. More details are here. 

Gravel Biking and Road Cycling

By using the best ingredients from Graubünden – gravel roads, mountain passes, panoramic views and fresh mountain air – we have created the «Menu for Cyclists». The menu features 15 tours for gravel bikers and road cyclists – from starters and mains to weekly specials.

Other things to experience.....

Rhaetian Railway: 50 Years of the Bernina Express On 3 June 1973, the Bernina Express ran for the first time on the legendary Albula and Bernina line, which is now a UNESCO World Heritage Site. Since then, around ten million guests have travelled from Graubünden to Tirano in Italy in the comfortable panoramic cars on the highest railway line in the Alps. Trains from Chur pass through 55 tunnels and 196 bridges – including the Landwasser Viaduct and the Brusio Circular Viaduct.

https://www.berninaexpress.ch

Corvatsch: World’s Highest Whisky Distillery

In 2020, Rinaldo Willy and Pascal Mittner from ORMA opened a whisky distillery in the mountain station of the Corvatsch cable car. At 3303m above sea level, it is the highest in the world. This is more than just a marketing stunt: the altitude has an influence on the distilling behaviour of the spirit and changes its aroma. Those interested can find out what the whisky tastes like during guided tours and tastings at the distillery.

https://www.engadin.ch/en/orma-whisky

World’s Longest Treetop Path.....

The world’s longest treetop path, the Senda dil Dragun (Path of the Dragon), has been in LAAX since the summer of 2021. It is 1.56 kilometres long and leads through the forest at a height of up to 28 metres – always at eye level with the treetops.

Visitors learn more about the local fauna and flora on four platforms with seating and information boards. 

https://www.flimslaax.com/en/outdooractivities/natural-phenomena/senda-dil-dragun

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British Airways releases new safety video

                                        British Airways has released its new onboard safety video, which features some ordinary people going about their daily activities, plus some familiar faces and British Airways staff. 

The safety video plays on things synonymous with the UK, from discussing the weather to enjoying fish and chips by the sea, it celebrates the timeless quirks and its unique people that put the nation on the map.

The five-minute film will be shown on the airline’s long-haul aircraft from 1 May 2023, and showcases British Airways colleagues from across the airline in their roles on the ground and in the air. One of the stars, British Airways engineer Carl Carpenter, drives across an engineering hangar while asking customers to unplug their devices, before his own vehicle comes to an abrupt stop. Cabin crew member Sima Patel-Pryke asks customers for their attention as the safety instructions may differ from other aircraft they’ve travelled on previously. In response, British rapper, Little Simz takes off her headphones, and remarks ‘What?!’

As well as shining a light on the airline’s incredible colleagues, the video also features some of the Great British public. When cabin crew member Emily Mae Jackson reminds customers that life jackets should not be inflated inside the aircraft, viewers see the instruction playfully taken out of situ with a real-life farmer near Dover and two fishermen on Deal beach in Kent all inflating their life jackets.

Calum Laming, British Airways' Chief Customer Officer, said: “We have all sat through safety demonstrations before, so we knew we needed to create something different that would capture attention and was totally in line with our British Original positioning. We wanted this to be a real celebration of originality and for us, it is our people who – together with where we’re from – make us unique. That’s why it was important for us to hero so many of our amazing colleagues doing what they do each and every day for our customers and for each other. We also wanted to inject some wit and showcase Britishness, and all the quirks that put us on the map by shining a light on real life people - from fishermen and chip shop workers to friends hanging out, as well as some well known faces who help put Britain on a stage. So, seats in the take-off position and we hope you really enjoy our new safety video.”

AerCap Holdings N.V. has just published its sixth annual Environmental, Social, and Governance or ESG report,

One of the leaders in global aircraft leasing and supply, AerCap Holdings N.V. has just published its sixth annual Environmental, Social, and Governance or ESG report, for last year. 

The report shows off in some detail the company's commitment to growing its business in a responsible and sustainable way and includes a number of environmental, social, and governance disclosures. 

Key highlights of the report include:

Successfully concluded the first full year of our Board-level ESG Committee.

Owned aircraft fleet comprises ~66% fuel-efficient, new technology aircraft by net book value, furthering our progress towards achieving ~75% new technology in 2024.

Established a Government Affairs function focused on legislative developments and strategic matters related to aircraft leasing, aviation sustainability and ESG.

Signatory of Aircraft Leasing Ireland's inaugural Sustainability Charter in October 2022.

Launched a Diversity, Equity, Inclusion and Belonging ("DEIB") framework underscoring our commitment to promoting gender diversity in the aviation industry; 44% of our employees and 25% of our senior management are women.

Together with our employees, AerCap donated over $800,000 to charitable and social causes and partnerships in 2022.

"A" rating reaffirmed by MSCI ESG Ratings in December 2022.

Stacey Cartwright, Chair of the Board's ESG Committee, said, "We are pleased to launch AerCap's ESG Report for the year 2022. As the leading aviation lessor, AerCap's goal is to promote the growth of aviation globally in a sustainable manner, to ensure best-in-class governance and to attract and develop the best talent in the industry. We view sustainability as an integral part of the company's strategy which is why we established a Board-level ESG Committee in 2021. We are really pleased with the progress we have made in what was the first year of this Committee as we lead our industry towards a more sustainable future."

"2022 was a monumental year for AerCap as we successfully integrated GECAS to create an unrivalled leader in aviation with significant global reach and scale. We are at the forefront of aircraft leasing and this position underlines the leadership role we have to play in shaping the sustainability journey of our industry," said Aengus Kelly, Chief Executive Officer of AerCap. "In 2022, our team completed a record number of transactions and took delivery of 72 fuel-efficient, new technology aircraft. To date, we have now invested ~$45 billion in new technology aircraft, more than any other airline or lessor, underlining our commitment to leading-edge investment."

the full report can be found here. 

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