National Airlines to order four Boeing 777 Freighters

Boeing and National Airlines announced this week the global carrier has committed to placing its first order for four 777 Freighters. Currently the longest-range twin-engine freighter with unrivalled payload capacity, the 777 Freighter will help maximize the airline's commercial cargo service and boost market share across its global operations.

"We are elated by this remarkable order of four Boeing 777 Freighters. This demonstrates our commitment to offering efficient, resourceful, and modern air freight services to support our global customers' increasing transportation demands," said Christopher Alf, chairman of National Airlines. "The order affirms our fleet growth plan as we enter into the next chapter of National. We sincerely appreciate the support by Boeing and all its associated teams in this journey ahead."

Once finalized, if an agreement can be reached on price and delivery date,  National Airlines' first direct purchase of Boeing aeroplanes will be posted to Boeing's Orders & Deliveries website.

British Airways Orders First GEnx Engines for New 787 Dreamliners

GE Aerospace announced today that International Airlines Group (IAG) has committed to purchasing GEnx engines to power six new 787 Dreamliners for British Airways – the first introduction of this engine into their fleet.

"British Airways was the launch customer for the highly successful GE90 engine. Bringing the GEnx into their 787 fleet represents another important milestone in our relationship," said Russell Stokes, President and CEO, of Commercial Engines and Services, GE Aerospace. 

The GEnx-1B powers two out of every three 787 aircraft in service. The engine also provides a 1.4 percent fuel burn savings for the typical 787 mission compared to its competition. Like all GE Aerospace engines, the GEnx can operate on approved Sustainable Aviation Fuel (SAF) blends today.

"The GEnx engine is performing well with millions of reliable flight hours under wing and proven fuel efficiency and economics," IAG said. "This selection by IAG and British Airways affirms the confidence we have in the GEnx engine and 787 aircraft combination." 

The GEnx engine family has more than 56 million flight hours since entry into service in 2011 and is the fastest-selling, high-thrust engine in GE Aerospace history with nearly 3,000 engines in service and on backlog, including spares. 

British Airways currently operates aircraft powered by GE Aerospace's GE90, CF34 and LEAP* engines.

*CFM is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines 

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Airbus and ACI World strengthen global cooperation to decarbonise aviation

Airbus and ACI World strengthen global cooperation to decarbonise aviation

            Airbus and Airports Council International (ACI) World association have signed a cooperation agreement to support the industry’s efforts to reduce the environmental impact of aviation.

This partnership leverages the strengths of the world’s leading aircraft manufacturer and the largest and most important international association of airports to make significant progress in both decarbonising aviation and mitigating aircraft noise impact.

This alliance will address key areas including Sustainable Aviation Fuels (SAF), hydrogen technologies, advanced air mobility, operations efficiency, and aircraft noise management practices. It will foster the exchange of information and perspectives on low carbon operations, communicate industry progress, jointly develop guidance materials, and potentially formulate unified positions on policies and standards to achieve the industry targets. 

RTX to collaborate on hybrid-electric system for Airbus PioneerLab helicopter demonstrator

Pratt & Whitney Canada and Collins Aerospace, businesses of RTX, have been selected by Airbus Helicopters to support the development of a hybrid-electric propulsion system for its PioneerLab technology demonstrator. Based on a twin-engine H145 helicopter, PioneerLab aims to demonstrate the potential of hybrid-electric propulsion as well as aerodynamic improvements to enable up to 30% improved fuel efficiency and reduced CO2 emissions compared to a conventionally powered aircraft.

For the PioneerLab demo, the helicopter's existing engines will be replaced by a hybrid-electric propulsion system comprised of a Pratt & Whitney Canada PW210 engine derivative linked with two Collins Aerospace 250 kW electric motors and controllers through a common gearbox. This hybrid-electric configuration is designed to enable optimized engine performance and improved efficiency, with the electric motors providing high torque capability during flight conditions such as take-off and landing. Test flights of the hybrid-electric propulsion system are targeted to begin in 2027 at Airbus Helicopters' site in Donauwörth, Germany.

"With world-class efficiency and reliability, Pratt & Whitney Canada's PW210 engine is very well-suited to perform as part of a hybrid-electric helicopter propulsion system," said Maria Della Posta, president, Pratt & Whitney Canada. "To help achieve the goals of this innovative project, we'll draw on expertise from our growing list of hybrid-electric demonstrator programs, including the RTX Hybrid-Electric Flight Demonstrator, STEP-Tech and SWITCH."

RTX's Collins Aerospace announces Clean Aviation HECATE project has achieved preliminary design review

Collins Aerospace announced the European Union's Clean Aviation HECATE project has achieved Preliminary Design Review. The HECATE consortium is comprised of multiple European aerospace industry partners, including Collins, Safran, Airbus Defence and Space, Leonardo and several universities. Collins, through its Applied Research & Technology organization and Power & Controls business, leads the project's steering committee, while Safran serves as technical coordinator.

HECATE, which stands for Hybrid-ElectriC regional Aircraft distribution TEchnologies, has accomplished a number of milestones toward its ultimate goal of demonstrating a 500kW hybrid-electric architecture in ground tests at TRL5 by 2025. In cooperation with the consortium partners, Collins has achieved PDR for the project's power conversion and secondary distribution systems, while Safran has achieved PDR for the primary distribution, power management systems and cabling. Airbus Defence & Space and Leonardo continue to provide the airframer perspective, supporting requirements and validation activities. All top-level project requirements, including the electrical distribution architecture, have been defined and the program is on track to achieve TRL4 and Critical Design Review by year's end.

Civil Aviation of Saudi Arabia arrive and Farnborough International Airshow

The General Authority of Civil Aviation of Saudi Arabia (GACA) will participate in the Farnborough International Airshow between 22-26 July, with a delegation headed by His Excellency the President, Abdulaziz Al-Duailej attending the Airshow and a host of industry events.

The Farnborough International Airshow offers a global platform for GACA to update the industry on the progress of the Saudi Aviation Strategy, build bilateral relationships and commercial partnerships with the United Kingdom, and promote GACA’s regulatory reforms to enable growth and innovation in Saudi Arabia. 

The delegation will participate in the inaugural UK-Saudi Aviation High Level Roundtable to showcase aviation and investment opportunities to the British aviation industry, hosted in partnership with the The Saudi British Joint Business Council UK on 24 July. The roundtable will feature presentations from GACA, the UK Department of Transport, the Saudi Arabia Public Investment Fund, Ministry of Investment and Saudi airport sector. 

His Excellency the President of GACA Mr. Abdulaziz Al-Duailej said: “We are excited to share Saudi Arabia’s unprecedented opportunities with the aviation world, and the Kingdom’s vision for the future of global aviation. We strongly believe that the United Kingdom’s expertise in aviation and infrastructure and the Saudi Aviation Strategy’s growth agenda will create significant commercial opportunities, building on the strong aviation ties between both countries.” 

EASA Certifies LEAP-powered Airbus A321XLR

EASA Certifies LEAP-powered Airbus A321XLR

CFM International is celebrating certification of the LEAP-powered Airbus A321XLR by the European Union Aviation Safety Agency (EASA). The A321XLR marks the fifth member of the A320neo family aircraft powered by LEAP engines. Supporting aircraft certification were updates to the engine’s type certificates, which EASA and the U.S. Federal Aviation Administration (FAA) granted on July 10.

“Certification of the CFM-powered A321XLR is an important milestone in providing our operators much greater route scheduling flexibility,” said Gaël Méheust, president and CEO of CFM International. “The engine was always designed with 35,000-lb. thrust capability for longer range, higher max takeoff weight aircraft. As a result, no engine modifications were required, giving operators the added benefit of 100 percent commonality with their existing A320neo family fleets.”

LEAP is the first engine certified on this application

Entry into service expected later this year

A321XLR is the longest range of the A320neo family

Airbus A321XLR receives EASA type certification

The Airbus A321XLR powered by CFM LEAP-1A engines has received its Type Certification from the European Union Aviation Safety Agency (EASA), preparing the way for the entry-into-service of the new aircraft at the end of the summer. The Type Certificate was handed over by Florian Guillermet, Executive Director of EASA, to Isabelle Bloy, A321XLR Chief Engineer. Certification of the Pratt & Whitney engine version is slated for later in 2024.

"Here comes the A321XLR, a differentiated product that brings new value to the market, expanding the possibilities for our airline customers and passengers. With its long range, the A321XLR enables a host of new direct routes, offering natural growth opportunities to our customers and the travelling public. It provides airlines with the efficiency of commonality inside the A320/A321 product range and its versatile cabin a range of service possibilities that are just unique. It is quintessential Airbus!”, says Christian Scherer, CEO of the Commercial Aircraft business of Airbus. “With the certification, we have reached a key milestone. The next step is to prepare the aircraft for its first commercial missions with customers worldwide. We look forward to working with XLR customers to support the integration of the aircraft in their fleets.”

Royal Air Maroc Cargo kick-starts its first digital bookings with cargo . one

Royal Air Maroc Cargo partners with cargo . one as the industry leader for equipping carriers with fully digital distribution

With cargo.one's first North African carrier, customers gain seamless and joyful digital access to Royal Air Maroc Cargo’s growing capacity around the clock

Royal Air Maroc Cargo and cargo.one unveiled a global partnership that brings the Moroccan national carrier’s cargo capacity to the leading platform for digital air cargo bookings. Providing its first digital sales channel, cargo.one now delivers its user-friendly and efficient booking platform for Royal Air Maroc Cargo offers. The airline partnered with cargo.one based on its ability to deliver a world-class digital booking experience and visibility across cargo.one’s vast global footprint of customer markets.

Freight forwarders using cargo.one now have instant digital access to valuable connectivity from Royal Air Maroc Cargo. Offering both belly and dedicated freighter capacity, Royal Air Maroc Cargo is developing fast. With a flexible fleet and its main hub in Casablanca, the carrier benefits from a geostrategic location at the crossroads of international air cargo lanes linking the Americas, Europe, Africa and the Middle-East. Royal Air Maroc Cargo offers a broad range of cargo services catering to many industries and sectors. 

cargo.one delivers forwarders the go-to choice for instantly scanning the global market and quoting and booking confirmed shipments at speed. The launch of Royal Air Maroc Cargo services further enriches cargo.one’s acclaimed diversity of global supply options. Subject to route availability, Royal Air Maroc Cargo customers can now book digitally for General Cargo shipments up to 1000kg (wide body) and 500kg (narrow body), and perishable shipments in the coming weeks, with all bookings benefiting from cargo.one standards for usability, control and competitive rates. 

Boeing forecasts demand for nearly 44,000 new aircraft by 2043

- Global passenger and freighter fleet to nearly double over the next 20 years

- Single-aisle aeroplanes to account for 76% of commercial deliveries

- About half of deliveries will replace older jets with more fuel-efficient models, improving sustainability

With air travel fully recovered and even surpassing pre-pandemic demand, Boeing has projected a 3% increase in airplane deliveries over the next 20 years, with carriers requiring nearly 44,000 new commercial airplanes by 2043. Leading into the Farnborough International Airshow, Boeing released its 2024 Commercial Market Outlook (CMO), which also predicts emerging markets and global single-aisle market demand will remain primary growth drivers for the industry.

Air travel demand continues to outpace economic growth in an increasingly connected world. Four years after the pandemic grounded most of the global fleet, air traffic growth has returned to the long-term trend Boeing forecast 20 years ago. Compared to 2023, passenger air traffic will rise an average of 4.7% annually over the next two decades, according to the CMO.

"This is a challenging and inspiring era for aviation. The return to more typical traffic growth shows how resilient our industry is, even as we all work through ongoing supply chain and production constraints amid other global challenges," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing.

CMO forecast highlights through 2043:

The global commercial fleet is projected to grow 3.2% annually, more slowly than air traffic as airlines continue to boost productivity by increasing load factors and using airplanes more hours per day.

The air cargo fleet, with speed and reliability, consistently outperforms other modes of transport and will increase by two-thirds by 2043, to support 4.1% annual air cargo traffic growth.

Air travel trends:

The average global airline fare is about the same as it was 20 years ago, even as overall consumer prices doubled.

The number of global routes served by commercial airlines has returned to 2019 levels, even though nearly 20% of them are new, illustrating the adaptability of aviation in a dynamic market.

Key growth drivers:

South Asia passenger traffic will increase 7.4%, followed by Southeast Asia (7.2%) and Africa (6.4%), as emerging markets return to historical growth trends through the forecast period.

Eurasia is projected to lead all markets with the most airplane deliveries (22% of total) with North America (20%) and China (20%) close behind.

Single-aisle airplanes will make up 71% of the 2043 fleet after 33,380 new deliveries, serving short- to medium-haul routes with versatility.

The global widebody fleet will more than double, with twin-aisles comprising 44% of the Middle East fleet.

Services on the rise:

Boeing expects demand for commercial services valued at $4.4 trillion ─ driven by maintenance and modification options and digital solutions that increase efficiency.

With air travel expansion especially in emerging markets, the commercial aviation industry will require nearly 2.4 million new personnel as well as training to support new pilots, maintenance technicians and cabin crew*.

"As airlines respond to robust passenger demand, the services market continues to expand, not only as a result of fleet growth, but also with an increased focus on reducing operating costs and deploying efficient and sustainable solutions," said Dan Abraham, senior vice president of Boeing Global Services Commercial Sales and Marketing.

*Boeing will release its complete Pilot and Technician Outlook on July 22

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70,000 flying hours and counting: Affinity Flying Training Services returns to RIAT showcasing its array of aircraft

After reaching 70,000 flying hours, Affinity FTS, a leading UK aircraft supply and servicing provider, will be attending and exhibiting its range of aircraft at the Royal International Air Tattoo (RIAT) 2024. RIAT takes place in Fairford, England on the 19th - 21st July 2024.

Affinity will showcase its three aircraft types, the Phenom, Texan and Prefect, highlighting the crucial role its team plays in supporting pilots through the UK military flying training system (MFTS). Throughout the event, the Affinity team will be on hand to detail how Affinity’s platform agnostic approach helps scale-up the services it offers in short timeframes. This has enabled it to deliver impactful results that solidify its position as a dependable and reliable service provider of aircraft maintenance.

RIAT marks an important step in the company’s growth, following a successful year which has seen the aircraft support organisation grow to approximately 200 employees this year. Across the UK, the business operates 42 aircraft and has bases in RAF Valley, RAF Cranwell and RAF Barkston Heath. Affinity has delivered over 70,000 flying hours since 2016 with the 100,000-hour mark fast approaching. As the first step on the Military Flying Training System (MFTS) ladder, Affinity has a burgeoning reputation for on-time delivery in maintaining the planes that train the next generation of military pilots. Affinity was built as an organisation from the bottom up to solely focus on MFTS and its impressive record of delivery further supports its driving mission.

RTX's Pratt & Whitney and SR Technics announce first GTF engine induction

Swiss shop becomes the 17th active facility in the growing GTF MRO network

Pratt & Whitney, an RTX business, and SR Technics announced this week the induction of the first Pratt & Whitney GTF engine at the MRO service provider's Zurich-based facility. SR Technics will provide full disassembly, assembly and test capability for the PW1100G-JM engine for the Airbus A320neo aircraft family.

"Today, we extend our relationship with SR Technics, which began 35 years ago with maintenance on the PW4000 engine," said Marc Meredith, vice president of commercial aftermarket for GTF engines at Pratt & Whitney. "With their top-tier performance history, SR Technics will continue to deliver industry-leading services providing vital support for the expanding GTF fleet."

Pratt & Whitney is committed to expanding GTF MRO capacity with industry-leading providers such as SR Technics to support the growing aftermarket demand. In 2023 alone, Pratt & Whitney announced three GTF MRO facility expansions and six shop activations to support the growing GTF fleet. SR Technics, which joined the Pratt & Whitney GTF MRO network in 2022, marks the 17th active location and the seventh facility in Europe.

"With the first induction of the GTF engine, we are fulfilling our strategy to continuously expand our capabilities," said Owen McClave, chief executive officer at SR Technics. "In maintaining the GTF engine, we will not only be able to support more global customers, but we are also adding to the skillset of our talented employees in Zurich."

The GTF MRO network is part of Pratt & Whitney EngineWise solutions which provide operators with a full range of aftermarket services resulting in long-term, sustainable value. 

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Finnair Group half-year report 1 January – 30 June 2024

Finnair,  Europe's leading outsourced airline has released its latest results for the first half of this year.  The carrier said its revenue had increased by 2.3 per cent to €766.1 million and comparable operating result was €43.6 million and the operating result was €42.5 million between April and June 2024. 

For January – June 2024 Finnair's passenger numbers increased by 1.9% to 5.5 million, load factor decreased to 73.5%. Net cash flow from operating activities was €312.0 million, and net cash flow from investing activities was -67.5 million euros.

Global air traffic is expected to continue growing in 2024, but for Finnair, the risks related to the impact of inflation and higher interest rates on demand and costs remain elevated, causing uncertainty in the operating environment. International conflicts and global political instability also cause uncertainty in the operating environment. These factors may affect the demand for air travel and cargo the carrier warned. 

Finnair plans to increase its total capacity, measured by ASKs, by c. 10 per cent in 2024. The capacity estimate includes the agreed wet leases. This growth will mainly focus on Asia and Europe. Finnair’s revenue is expected to grow more slowly than capacity in 2024.  It estimates that its revenue in 2024 will be within the range of 3.0–3.2 billion euros and the company also estimates that its comparable EBIT will be within the range of 110–180 million euros in 2024.

CEO Turkka Kuusisto explained:  "We carried 3.0 million passengers in April–June and revenue for the period increased by 2.3 per cent driven by higher ancillary and cargo revenue. Comparable operating result amounted to 43.6 million euros (66.2). The decrease was caused by lower yields and passenger load factor in the quarter. Our operating cash flow remained strong and financial position improved supported by refinancing actions during the quarter.

Runway renovation at Helsinki Airport in April–June impacted negatively our on-time performance and increased costs in the form of re-routing customers to their connecting flights. Our on-time performance was 76.0 per cent (84.9). On-time performance was also affected by challenging weather conditions that delayed flights and increased our costs.

Pent-up demand after the COVID-19 pandemic has largely been released and consumer confidence has been low for a long time. These are now being reflected also in travel demand, which is normalising after a period of strong demand during 2023. Based on the strong demand in 2023, we increased our Available Seat Kilometres (ASK) for 2024 by improving aircraft utilisation and by deploying aircraft that returned from British Airways wet lease outs into our own use. As travel demand is normalising, the capacity increase has not yet increased our revenues accordingly, and our passenger load factor was 74.7 per cent (76.3). Continuous capacity optimisation is a normal part of traffic planning and we continue to work every day to optimise our network and schedules."

First of 19 new Airbus jets arrives for Condor from ALC

Aircraft management and leasing giant, Air Lease Corporation confirmed it had delivered the first of nineteen new Airbus jets to German leisure airline Condor.  

“ALC is pleased to announce this significant first of 19 new Airbus aircraft delivery to Condor today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The A321-200neo will modernize Condor’s jet fleet with a new standard of fuel-efficiency, performance and passenger comfort, and continue ALC’s leadership position as Condor’s largest aircraft Lessor.”

The Airbus A321-200neo comes from ALC’s orderbook, Condor ordered 17 A321-200neos and 2 A320-200neos which are scheduled to be delivered to the carrier between now and the end of 2027. In addition to these aircraft, ALC currently has three A321s and two A320s on long-term lease to the airline.

“We are thrilled to continue to build our strong relationship with Condor with our first A321neo delivery to the airline,” added Lauren Kervick, Vice President of Air Lease Corporation. “Our A321-200neos will fill an important role in Condor’s growing fleet and expanding route network.”

“Condor is looking forward to welcome another A321neo to the fleet,” said Björn Walther, Chief Financial Officer of Condor. “We are delighted to have ALC onboard as our long-term partner for further 18 narrowbody aircraft. Thanks to this strong partnership, we will soon be offering guests on short and medium-haul routes the most modern and efficient fleet in Europe.”

The Condor A321neo flies in a two-class configuration with Business Class and Economy Class. The cabin has a total of 233 seats in a 3-3 seating arrangement. Guests can enjoy the "FlyConnect" internet and entertainment portal on board, where the latest entertainment program with blockbusters, classics, children's films and a wide range of music and magazines is available to stream on personal devices free of charge. In the “FlyConnect” portal, guests can also purchase various data packages to stay connected above the clouds.

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Major global computer outage causes travel chaos

An ongoing major computer issue affecting Windows security Crowdstrike systems is continuing to cause global chaos as airlines and airports face cancellations and delays.  

British Airways says that some of its flights will be affected during the day because of the outage which is affecting its operations centre, although it says it is working hard to try and operate as many flights as it can.

Earlier United Airlines, said "A third-party software outage is impacting computer systems worldwide, including at United.  While we work to restore those systems, we are holding all aircraft at their departure airports. Flights already airborne are continuing to their destinations."

Delta Air Lines has also grounded flights. American Airlines grounded flights, but has since started to operate again. 

Singapore Airlines operations and reservations centres are being affected by the outage, however, its flights are continuing as per schedule. 

JetStar Japan has cancelled around twenty flights thus far, with more expected later. 

Japan Airlines has experienced difficulties with online bookings, flight changes and loyalty club administration, but flights are continuing.

Turkish Airlines reports that it was forced to cancel around 80 flights today because of the outage. 

Ryanair confirmed it was being disrupted by the outage: “We’re currently experiencing disruption across the network due to a global third-party IT outage which is out of our control.

We advise all passengers to arrive at the airport at least three hours before their scheduled departure time."  Some flights may be disrupted during the day and it advised “affected passengers will be notified and any passengers travelling across the network on Fri 19 July should check their Ryanair app for the latest updates on their flight.

“We advise passengers to arrive at the airport 3 hours in advance of their flight to avoid any disruptions.

“We regret any inconvenience caused to passengers by this 3rd party IT issue, which is outside of Ryanair’s control and affects all airlines operating across the network.”

Many airports around the world have reported issues,  including, Delhi and Mumbai in India, Christchurch and Auckland in New Zealand. 

Glasgow Airport issued the following statement: "We are largely unaffected by the current global IT issues. At present a small number of airlines have moved to manual check-in and some retailers are only accepting cash payments."

Gatwick Airport confirmed it was being affected by the outage "so passengers may experience some delays while checking in and passing through security. 

Passengers should still arrive for their normal check-in time. We apologise for any inconvenience and are working to resolve the issue as quickly as possible."

London Stansted confirmed that some of its airlines were being affected by the outage, which means some processes like check-in and boarding are being carried out manually and are taking longer than usual for those airlines. "The majority of flights operating from the airport are unaffected but the terminal is slightly busier than usual as a result of the situation. 

As always, passengers are advised to check the status of their flights with their airline before they leave for the airport and should follow their airlines' advice about the best time to arrive at the airport. We also advise checking up-to-date travel advice as some train services have also been affected by the issues.

Some of our retailers have also been affected meaning they have been unable to process card payments. We thank all our passengers for their patience and understanding. "

London Heathrow stated "Microsoft is currently experiencing a global outage which is impacting select systems at Heathrow. Flights are operational and we are implementing contingency plans to minimise any impact on journeys. Please check with your airline for the latest flight information."

Luton Airport issued this statement: "The airport remains fully operational though some airline and retail partner systems continue to be impacted by the global IT issue. 

Our advice to passengers is to check with their airlines for flight updates and for guidance on the best time to arrive at the airport.

Passengers travelling to the airport by rail are also advised to check the latest travel advice from rail companies as some services may be affected."

Amsterdam's Schiphol Airport was very crowded this morning, it said:  "The outage has an impact on flights flying from and to Schiphol. it is not yet clear how many flights are affected."

Birmingham Airport said "The majority of flights are operating as normal out of Birmingham Airport, customers should follow the advice from your airline and we will continue to update passengers throughout the day. For those that have checked in online previously are unaffected. This is clearly a rapidly evolving situation. Customers should follow the advice from airlines and we will continue to update passengers throughout the day."

Edinburgh said: "The airport is currently being impacted by a global IT system outage.  Wait times are longer than usual and passengers should not to come to the airport without first checking the status of their flight with their airline.

Anyone whose fight has been cancelled should leave the airport and contact their airline directly for more information.  This outage is impacting many other businesses, including airports.  Our teams are working hard to manage this situation as best they can, and passengers are thanked for their patience and understanding."

Flights at Berlin-Brandenburg Airport were grounded for several hours this morning due to the outage which caused check-in systems to stop. There were some flights cancelled, yet flights began to operate again just after 10am.  

Not a cyberattack

CrowdStrike issued the following statement:  "CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. 

Mac and Linux hosts are not impacted. 

This is not a security incident or cyberattack. 

The issue has been identified, isolated and a fix has been deployed. We refer customers to the support portal for the latest updates and will continue to provide complete and continuous updates on our website. 

We further recommend organizations ensure they’re communicating with CrowdStrike representatives through official channels. 

Our team is fully mobilized to ensure the security and stability of CrowdStrike customers."

CrowdStrike share price fell rapidly by over 20% during the outage, with more than a fifth of the company's value wiped out even before the New York Stock Exchange opens.  

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