11 January, 2024
Strategic restructuring of Amerijet completed in partnership with company stakeholders
10 January, 2024
Supernal Debuts eVTOL Product Concept at CES 2024
Technical Components
Thai AirAsia retains position as airline with best on-time performance in Thailand.
Stansted set to welcome new routes in 2024
Amman, Jordan – Royal Jordanian
Nice, Florence and Ibiza – British Airways
Emirates reveals its ‘vegan vault’ of 300 recipes as demand for plant-based cuisine increases by 40%
Emirates vegan meals: Bitesize Breakdown
In 2023, Emirates has more than 300 vegan recipes in rotation across 140 destinations, up from 180 recipes in 2022.In 2023, Emirates served more than 450,000 plant-based meals onboard, an increase from 280,000 plant-based meals served in 2022.Vegan meal consumption has grown 40% year on year in line with passenger volumes, but in some regions, consumption has exceeded passenger volume growth - such as Africa with an additional 4% increase, Southeast Asia with an additional 5% increase, and the Middle East showing a significant additional increase of 34%.The biggest increase in consumption of vegan meals occurred in Economy Class.Significant increases were noted specifically on Emirates routes to China, Japan and the Philippines.Many Emirates Cabin Crew are also embracing a plant-based diet, as Emirates introduced vegan meals for Cabin Crew in 2018.
Emirates vegan cuisine in every class
AirAsia ushers in new year with grand sale
AirAsia guests can now enjoy an amazing 24% off flights on a wide selection of destinations across the airline’s extensive and growing network. Unearth the wanderlust in you by exploring picturesque and scenic cities in Asean and beyond such as Langkawi, Kuala Terengganu, Krabi, Jakarta and more. Looking for more adventures across the seas? Make your way to shopping havens Tiruchirappalli, Colombo, Kunming and much more for a cultural and shopping experience like no other. Those wishing to spread their wings further can head to AirAsia X’s popular destinations ‒ Almaty, Taipei, Melbourne, Shanghai, New Delhi and so much more. Book your discounted flights from now till 14 January 2024 and let your adventures take flight from 22 January to 30 November 2024! Grab your seats on the airasia Superapp or www.airasia.com.
As AirAsia continues to grow its network this year, the airline also announces a new route operated by AirAsia Malaysia (flight code AK) and a highly-anticipated one for many ‒ connecting Kuala Lumpur with India’s famed gem in the north; the pink city of Jaipur. Known as the jewel of the Rajasthan state, Jaipur is world-renowned for its vintage forts dating back to the 16th century as well as the majestic Jal Mahal ‒ just to name a few. To celebrate this new connectivity to Jaipur which will commence on 21 April 2024, AirAsia is offering promotional fares to the city from RM209* all-in-one way, and from INR7,999* from Jaipur to Kuala Lumpur. Book from 9 January till 23 January 2024 and fly between 21 April 2024 and 19 March 2025.
Emirates A380 returns to Vienna
Emirates’ flight EK127 leaves Dubai at 08:55hrs and arrives in the Austrian capital at 12:25hrs. The return flight EK128, departs Vienna at 15:10hrs and arrives in Dubai at 23:40hrs. All times are local.
Emirates passengers travelling from Vienna will once again enjoy the unique experience offered by the world's largest passenger aircraft, including first-class suites and shower spas, the onboard lounge and, of course, the best international and regionally inspired cuisine. The award-winning in-flight entertainment system ice offers up to 6,500 channels of on-demand entertainment.
Elisabeth Zauner, Country Manager of Emirates Austria, is delighted about the return of the Emirates A380 to Vienna: "The deployment of our A380 until the end of the winter schedule is a great milestone for us, which emphasises the importance of Vienna as a destination and as a departure point. We naturally hope that our flagship will return permanently in the future."
In order to guarantee a particularly high standard of comfort for passengers, the Emirates A380 offers 14 seats in First Class, 76 in Business Class and 429 seats in Economy Class on the Vienna-Dubai route. The use of the A380 means that almost 40% more passengers can be transported, which emphasises the importance of Vienna as a location and highlights the demand for long-haul travel via Dubai. Freight capacity on the Vienna-Dubai route will not increase as a result of the change of aircraft type.
Emirates is the largest operator of the A380 aircraft in the world with 116 aircraft currently in its fleet. Nearly 90 A380s are currently in service across Emirates’ global network, including to popular destinations Bangkok, Mauritius, Denpasar/Bali and Sydney.
XO Innovates the Private Aviation Industry
Providing four times greater utilization than personal jet ownership.
Lynx Air adds Charlottetown to its growing network
NICHOLAS AIR adds a Gulfstream G600 to its fleet
Air Lease Corporation Activity Update for the Fourth Quarter of 2023
As of December 31, 2023, ALC’s fleet was comprised of 463 owned aircraft and 78 managed aircraft, with 334 new aircraft on order from Boeing and Airbus set to deliver through 2029.
Aircraft Investments
- Delivered 22 new aircraft from ALC’s order book including six Airbus A220s, one Airbus A320neo, eight Airbus A321neos, two Airbus A330-900neos, two Boeing 737-8s, and three Boeing 737-9s.
- Aircraft investments in the quarter totalled approximately $1.2 billion.
Sales
- Sold seven aircraft to third-party buyers.
- Aircraft sales proceeds for the quarter totalled approximately $440 million.
Financing
- Issued C$500 million of 5.4% senior unsecured medium-term notes.
- Upsized senior unsecured revolving credit facility to $7.4 billion from $7.2 billion.
Air Cargo Demand Up 8.3% in November
Some indicators to note include:
|
1% of industry CTKs in 2022 2year-on-year change in load factor 3Load Factor Level |
November Regional Performance (total market)
Asia-Pacific airlines saw their air cargo volumes increase by 13.8% in November 2023 compared to the same month in 2022. This performance was significantly above the previous month’s growth of 7.6%. Available capacity for the region’s airlines increased by 29.6% compared to November 2022 as more belly capacity came online with the removal of COVID-19 restrictions.
North American carriers had the weakest demand growth in November with a 1.8% increase (YoY) in cargo volumes. This was, nonetheless, a significant improvement in performance compared to October’s -1.8% contraction. Capacity increased by 4.0% compared to November 2022.
European carriers saw their air cargo volumes increase by 6.7% in November compared to the same month in 2022. This was a stronger performance than in October (1.0%). Capacity increased 6.5% in November 2023 compared to 2022.
Middle Eastern carriers had the strongest performance in November 2023, with a 13.5% year-on-year increase in cargo volumes. This was similar to the significant improvement noted in the previous month’s performance (+13.0%). Capacity increased 15.4% compared to November 2022.
Latin American carriers experienced a 4.2% increase in cargo volumes compared to November 2022, very similar to the 4.0% year-on-year increase recorded for October. Capacity in November was up 7.7% compared to the same month in 2022.
African airlines saw their air cargo volumes increase by 3.9% in November 2023, slightly improved compared to October’s +2.9% growth performance. Capacity was 14.0% above November 2022 levels.
Strong performance from Avolon
- Placed orders for 200 new aircraft including 100x A321neo, 80x 737MAX and 20x A330neo;
- Entered into letters of intent for the sale and leaseback of 51 new aircraft;
- Delivered, transitioned and sold a total of 104 aircraft;
- Raised US$4.9 billion of new financing and increased total revolving debt capacity to
US$6.1 billion; and
- Investment Grade ratings affirmed by Moody’s, S&P, Fitch and KBRA with Fitch moving Avolon’s BBB- rating to Positive outlook.
Avolon, a leading global aviation finance company, issues an update for the fourth quarter (‘Q4’) and 2023 full year (‘FY’).
Andy Cronin, CEO Avolon, commented: “Strengthening market conditions allowed us to place our orderbook and used aircraft at accretive lease rates while underwriting US$4bn of new volume through the sale and leaseback market. Our balance sheet scale allowed us to order a further 200 new technology aircraft which strengthens our delivery pipeline and growth into the next decade.”
Joanna Geraghty to be next CEO of JetBlue
Sabre and IAG expand partnership with multi-year distribution agreement including NDC content
Rocket Lab USA has set the launch window for its first mission of 2024.
The American Airlines AAdvantage program continues to lead the travel rewards industry in 2024
“There has never been a better time to be a member in the award-winning AAdvantage program. American has built a travel rewards program that’s simple and rewarding for everyone,” said Scott Chandler, American’s Senior Vice President of Loyalty and Revenue Management. “We have one goal in mind: offer the best loyalty rewards program, unmatched. This means delivering true value for our members through rewards and the best experiences based on their engagement in the program.”
Throughout the new program year beginning March 1, 2024, American Airlines will continue to enhance the program so that loyalty with American goes even further for AAdvantage® members. Visit aa.com/programchanges to learn more about these updates and when they begin.
Earning made easy: AAdvantage® members have so many ways to earn miles and Loyalty Points
An AAdvantage® membership is your best travel companion. With recent additions to the AAdvantage® program like AAdvantage HotelsTM and AAdvantage EventsTM, members have more opportunities to earn rewards faster. And coming soon, members can earn miles when they pay with cash to upgrade to a premium cabin.
American is also adding a new Loyalty Point Reward choice: Get additional Loyalty Points toward AAdvantage® status, starting at the 15,000 Loyalty Point Reward level.
Loyalty Points needed to reach AAdvantage status and Loyalty Point Reward levels will stay the same for the upcoming qualification year. The status qualification year for 2024 begins on March 1, 2024, and runs through February 28, 2025. The breakdown of status and reward levels are on aa.com.