SWISS reports solid first-half earnings of CHF 264 million

SWISS achieved an operating result of CHF 264.2 million on total revenues of CHF 2.7 billion for the first six months of 2024 – a solid earnings performance given the challenging market conditions. SWISS’s 2024 first-half operating result is slightly below last year’s record level, for two prime reasons. The market situation is now closer to normality, with the capacity shortages which had still substantially restricted the airline industry’s production in 2023 now significantly eased; and costs have risen, owing in particular to salary increases, higher charges and fees and the increased expense of servicing and maintaining the SWISS aircraft fleet. On top of this, SWISS has also been specifically investing in further enhancing its product and service offer. SWISS transported some 8.5 million passengers in the 2024 first-half period.

Swiss International Air Lines (SWISS) reports a solid operating result (Adjusted EBIT) of CHF 264.2 million for the first six months of 2024. The result represents a decline of some 22 per cent from the record CHF 338.3 million achieved for the same period last year. Total revenues for January to June 2024 amounted to CHF 2.7 billion, a 5.5-per-cent increase on the CHF 2.5 billion of the prior-year period.

“The market trend back to more normal conditions that we saw in the first quarter of this year has continued faster than we originally expected,” says SWISS Chief Financial Officer Dennis Weber. “People’s desire to travel remains high, which we are very pleased about. But a number of airlines have now restored their production capacities to pre-corona volumes, and in some cases even higher. This has tangibly intensified competition; and this in turn has depressed yields below their prior-year levels.”

Alongside this changed market situation, rising costs also reduced SWISS’s earnings for the 2024 first-half period. In addition to the higher expense incurred through expanding its flight operations, the salary and other compensation increases incorporated in various new collective labour agreements, higher charges and fees and high inflation in the maintenance services field were all particularly instrumental in raising costs for the period. SWISS also invested substantially in further enhancing its customer experience, to deliver even more comprehensively on its premium promise.

AirAsia Philippines expands North Asia routes, opens Nagoya, Japan

AirAsia Philippines is further expanding in  Japan  by introducing Nagoya as its 3rd destination. One of the  largest cities in Japan, Nagoya is home to over two  million residents, 57,000 of which are Filipinos. 

To celebrate this milestone, the World’s Best Low-Cost Airline is offering a PHP 888 one-way base fare to Nagoya for bookings made at the AirAsia MOVE app and airasia.com until 11 August 2024 for travel from its maiden flight on 29 October 2024 to 29 March 2025.

“Japan is one of the strongest regional markets for  AirAsia Philippines. In fact, we’ve already flown 210,000 guests for the first half of 2024. We are confident we will double the 270,000 guests flown in 2023 with our competitive airfares, more services, better flight timings and world-leading service”, AirAsia Philippines CEO Ricky Isla shares.

A recent study from Statista revealed that 48.8% of Filipinos choose  Japan as a preferred  holiday destination. AirAsia data shows 65% of travellers who went to Japan in the past six  months were Filipinos in the 30 - 50 year age bracket, most of whom booked their flights for immediate travel within two months.

Cathay Pacific shows off new inflight safety video....

Creative and compelling storytelling delivers all essential safety demonstrations while showcasing the best that the airline’s home city has to offer

Cathay Pacific is delighted to reveal its new inflight safety video that takes customers through important inflight safety procedures set against the dynamic backdrop of Hong Kong.

Told through the electrifying energy and vibrancy of the airline’s home city, the video was developed in close collaboration with the Hong Kong Tourism Board (HKTB) to embody all necessary safety protocols while educating customers in an informative and engaging way.

With its deep roots in Hong Kong, Cathay Pacific strives to promote Hong Kong as a favoured destination and gateway to travellers from all over the world. The safety demonstrations in the video are interwoven with the unique charms of Hong Kong, capturing the city’s iconic landmarks, bustling happenings, world-class arts and cultural attractions, natural landscapes and more.

Scenes were shot at various locations across the city to showcase the best of Hong Kong. Customers are transported to a dai pai dong, the quintessential local dining experience, for the “no smoking” announcement, before finding themselves amidst an exhilarating dragon boat race which provides the backdrop for the life jacket demonstration, while Shek O Beach sets the scene for the emergency and pre-takeoff procedures. Other locales include the shopping paradise of Causeway Bay, Xiqu Centre at the West Kowloon Cultural District, the iconic Peak Tram, Yau Ma Tei’s historic Tin Hau Temple and the serene Clearwater Bay Country Park, all of which culminate in a visually immersive experience for customers.

To mark the launch of the video, Cathay Pacific held a preview event at The Sky Lounge, The Upper House on 26 July, hosted by Cathay Chief Customer and Commercial Officer Lavinia Lau and attended by distinguished guests including Hong Kong Tourism Board Executive Director Dane Cheng and Commissioner for Tourism Vivian Sum.

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Manchester Airports Group awarded EcoVadis Gold Rating for sustainability performance

Manchester Airports Group (MAG) has been awarded the EcoVadis Gold Environmental, Social and Governance (ESG) rating.   

MAG is the UK’s largest airport group which owns and operates Manchester, London Stansted and East Midlands Airports. The Group achieved the highest possible rating on its first time submitting ESG data to the platform. Achieving this rating places MAG in the top 5% of more than  130,000 companies assessed globally against sustainability criteria.

EcoVadis is one of the world’s leading providers of business sustainability ratings and  evaluates companies around the globe based on environmental, social and ethical performance. During the assessment, MAG scored over the industry average in all four categories: Ethics, Sustainable Procurement, Environment and Labour & Human Rights. In addition to this, MAG was also praised for having advanced management systems for environmental, labour & human rights and ethics issues.

Following its gold rating, MAG is working to enhance the sustainability credentials in other areas of its business. In line with one of its key strategic objectives – creating a sustainable future for all - the Group is currently working to transform its approach to supply chain management, to ensure that its procurement processes  are compatible with the sustainable future it is working towards.

In 2023, the Group launched a procurement transformation programme with one clear aim: to digitally assess the sustainability performance of its  supply chain.

United the first airline to purchase sustainable aviation fuel (SAF) for use at Chicago O'Hare International Airport

This week, U.S. mega-carrier United became the first airline to purchase sustainable aviation fuel1 (SAF) for use at O'Hare International Airport (ORD) and Governor JB Pritzker joined the airline's leadership at ORD to highlight the role that Illinois' SAF tax credits played in bringing sustainable aviation fuel to one of the largest airports in the U.S.

SAF producer Neste will provide up to 1 million gallons of Neste MY Sustainable Aviation Fuel™2 to United at ORD in 2024 with the first supply arriving in August.3 

United was the first airline to create a goal of reaching net zero greenhouse gas emission by 2050, without relying on voluntary carbon offsets, and remains a U.S. industry leader in the purchase and use of SAF. The airline purchased more sustainable fuel than any U.S. airline in 2023 and the agreement with Neste makes O'Hare the fifth airport where United has purchased SAF for operational use – among the most locations of any U.S. airline.

"Since day one as Governor, I've committed to making Illinois a national leader in sustainability and clean energy, which is why I was proud to support a nation-leading SAF tax credit last year," said Governor JB Pritzker. "Illinois's position as a hub of innovation with some of the most connected airports in the country perfectly aligns with the work of companies like United to build a more sustainable future for travel and reach our shared goal of zero emissions."

SAF is an alternative to conventional jet fuel that can reduce GHG emissions by up to 85% on a lifecycle basis – from production to end use - because it is made from renewable materials rather than drilled fossil oil. SAF is among aviation's best, most scalable options to push the industry towards net zero emissions in part because it can be used right now with existing infrastructure - no changes to fuel systems or aircraft engines required.

"This is what happens when innovation, leadership and policy come together," said United President Brett Hart, who was at ORD today with the Governor. "While the market for SAF is still in its infancy, there is a huge opportunity today for airlines and policymakers to work together to support its continued growth – SAF at O'Hare was made possible thanks to Governor Pritzker and the Illinois Legislature passing tax incentives."

United has now purchased SAF for airports in Los Angeles, San Francisco, Chicago, London, and Amsterdam.

"I'm pleased to see United Airlines making this significant move forward by using sustainable aviation fuel daily in flights from O'Hare," U.S. Senator Tammy Duckworth (D-IL) said. "One of the most important things we can do to make American aviation more sustainable is increase the supply of SAF. At the federal level, I've been pushing for the increased use of SAF, and I'm going to keep pushing to increase the supply of American-grown, American-made SAF, a true win-win solution that supports domestic farmers and blenders while reducing our nation's carbon footprint."

United SAF Policy Leadership

Can social media networks ever eliminate spam?

New research from digital identity security specialists, ID Crypt Global, reveals that the amount of spam being removed from TikTok has increased by as much as 1,200% in the past year as social media platforms battle to keep disinformation away from their networks.   ID Crypt Global has analysed data from Facebook* and TikTik* regarding the amount and variety of spam content being removed from their platforms, and how this has changed over the past year.   Facebook’s rules state that the platform does not allow spam, which it defines as “content that is designed to be shared in deceptive and annoying ways or attempts to mislead users to drive engagement”.  The platform describes spam as being spread in two ways: automated spam published by bots or scripts, and coordinated spam when a human user uses multiple accounts to spread deceptive content. Both methods are typically used for some sort of financial gain.   The analysis shows that: -   In its battle to reduce the amount of spam on the platform, Facebook removed 436m pieces of spam content in Q1 2024 (January-March). This marks a quarterly decline of -54.8%, and an annual reduction of -72.8%. It is also the lowest number of quarterly spam removals since at least 2017.   This huge reduction in spam removal suggests that there is now less spam on Facebook than ever before, likely due to its popularity declining in favour of other social media platforms.

Loft Dynamics Becomes World's First VR Flight Simulation Training Device to Receive FAA Qualification

As the First and Only VR Training Devices with Dual Regulatory Qualifications from FAA and EASA, Loft Dynamics is Well-Positioned as It Expands Simulation to Airplanes, eVTOLs, and Additional Helicopters

Former FAA Administrators Randy Babbitt and Michael Huerta Join Loft Dynamics' Advisory Board

U.S. Helicopter Pilots Can Now Train and Receive Credit Toward Pilot Ratings on Loft Dynamics' Qualified VR Flight Training Device

 

                      Loft Dynamics, the global leader in virtual reality (VR) flight simulation training devices (FSTDs), today announced that the Federal Aviation Administration (FAA) has qualified its VR simulator — the first FAA-qualified VR FSTD in the United States. This achievement is a landmark in aviation safety and a pivotal step in bringing advanced flight simulation technology to pilots and operators nationwide amid intensifying demand for pilots. It also cements VR's increasingly influential role in the future of U.S. pilot training. Outside the U.S., Loft Dynamics is the first and only VR simulator to achieve qualification from the European Union Aviation Safety Agency (EASA).

For the first time, U.S. helicopter pilots can train and receive credit toward pilot ratings on an FAA-approved VR FSTD, provided it is a Loft Dynamics VR FSTD. This qualification allows the simulator to be used not only for training in engine failures, abnormal and emergency procedures, and instrument approaches but also for challenging maneuvers such as sling load operations, pinnacle operations, and more.

The FAA's rigorous qualification process requires FSTDs to be evaluated in accordance with 14 CFR Part 60 and meet extensive operational requirements. The FAA evaluated Loft Dynamics' VR simulator using its Airbus-approved H125 VR FSTD at Marshall University. Qualified as a flight training device, Loft Dynamics' H125 VR simulator features a full-scale virtual replica cockpit, a panoramic 360-degree view, verified flight modeling, and a six-degrees-of-freedom motion platform that accurately simulates flight visuals, movements, and scenarios. These FSTDs are smaller and significantly more cost-effective than traditional simulators. All pilots in the U.S. are required to train regularly in an aircraft or flight simulator, which is why the qualification of Loft Dynamics' simulator is a crucial step toward helping more operators conduct this training and address the growing pilot shortage, and why regulatory agencies are embracing and mandating the use of the company's FSTDs.

Last year, the FAA installed Loft Dynamics simulators at its William J. Hughes Technical Center (WHTC) to advance the safety, efficiency, and environmental sustainability goals of its Next Generation Air Transportation System (NextGen). As part of this initiative, the agency uses the simulator to conduct vertical flight safety research, including engaging hundreds of test pilots to fly the simulator.

The FAA's approval of the first VR simulator shifts pilot training paradigms, expanding access to the most immersive, customizable, and scalable training solutions. This is also a pivotal moment for Loft Dynamics, as the company is already developing electric vertical take-off and landing (eVTOL) and airplane simulators, broadening its industry impact and value.

"The FAA's and EASA's unprecedented qualifications of our technology reinforce the safety and fidelity of VR for pilot training," said Fabi Riesen, founder and CEO of Loft Dynamics. "It provides a tangible path to solving the world's pilot shortage and cultivating the next generation of high-quality pilots. We're not paving this path alone; we're grateful for Airbus Helicopters' conviction in Loft Dynamics, dedication to achieving FAA qualification, and commitment to making our FSTDs available to the masses. We're grateful to the FAA for their support and commitment to improving the trajectory of simulation technology and pilot training. This is an important initial step for modernizing pilot training, and it also signifies a broader industry shift toward leveraging our VR technology to address global challenges." 

Loft Dynamics' recent opening of its North American headquarters in Santa Monica has established a base for its continental expansion, now accelerated by the FAA qualification. The company's growing market trust is evidenced by its customers and partners, including the Los Angeles Police Department, which uses its H125 VR simulator to train its pilots safely and effectively, and Airbus Helicopters, which co-developed the H125 VR simulator and supported its FAA qualification through sponsorship under their Part 142 Certificate.

Riesen continued, "We spent the past year ensuring our technology meets regulatory requirements and thoughtfully scaling our talent, production, and high-touch customer support for this next chapter. We're looking forward to continuously innovating and serving the critical needs of the helicopter industry while also bringing our FAA- and EASA-qualified solution to more aircraft markets. As part of this growth, we're thrilled to welcome two former FAA administrators and aviation veterans, Randy Babbitt and Michael Huerta, to our advisory board to help catalyze our mission."

The new advisors will be instrumental in the company's next phase of growth, especially in developing products that meet the needs of the entire aviation ecosystem: pilots, airlines and commercial operators, manufacturers, and regulators. 

Air Canada Foundation's 12th Annual Golf Tournament Achieves New Fundraising Milestone for Children's Health

The Air Canada Foundation's annual golf tournament is its largest fundraising event

In 2023, the Foundation donated $1.3 million to organizations that help kids spread their wings

Over the past 12 years, the Foundation has raised more than $11 million for the health and well-being of children and youth

The business and aviation community came together in support of the 12th annual Air Canada Foundation Golf Tournament, raising a record-breaking $1.4 million to support the health and well-being of children and youth across Canada.

This year's event welcomed 296 guests and over 100 sponsors, including corporate partners, suppliers, and vendors of Air Canada. With their generous support, the tournament raised an impressive sum of $1.4 million. These funds will be redistributed over the coming year through the Foundation's many programs and partnerships that help kids spread their wings.

In 2023, the Air Canada Foundation donated more than $1.3 million to charitable organizations across Canada, most of which was raised at this very tournament last year. These donations have helped sick children access specialized medical care, ensured the basic needs of children are met and protected, and provided hope to children facing adversity, with an increased focus on charitable partnerships that directly impact children from equity-deserving populations.

"This event is so much more than just a golf tournament. It's a time where we unite with our partners, employees and suppliers to champion a cause we all hold dear - helping children spread their wings," said Michael Rousseau, President and Chief Executive Officer at Air Canada. "As stewards of the future, we recognize the vital role of nurturing the next generation. We are proud to know that our Air Canada Foundation is supporting numerous charities across the country to bring hope, protection and well-being to the children across our country."

Textron Aviation expands services including Cessna Citation 560XL series landing gear repair process

Textron Aviation has announced the expansion of its service offerings to include a new standard repair process for Cessna Citation 560XL series aircraft main landing gear (MLG). The new solution, developed in collaboration with the company’s affiliate, Able Aerospace Services, allows for significant MLG repairs without a full replacement – providing an additional timely and cost-effective part option for customers.

Beechcraft, Cessna and Hawker customers receive factory-direct support, maintenance and modifications by Textron Aviation Inc., a Textron Inc. company, through its global network of service and parts centres, mobile service units and 24/7 1CALL AOG (aircraft-on-ground) support.

“Our priority is delivering the best aviation experience for our customers, and having the option to repair main landing gear gives customers additional flexibility when servicing their aircraft,” said Brian Rohloff, senior vice president, of Customer Support. “This investment in a new solution for Citation 560XL aircraft supports reducing operating costs and minimizing aircraft downtime so that we can keep our customers moving.”

Textron Aviation initially announced MLG repair capabilities on the Cessna Citation CJ series aircraft in 2020. In addition to offering greater efficiency for customers, the new service supports Textron Aviation’s efforts to reduce and reuse by allowing customers to repair parts and utilize exchanges and rentals. The company continuously seeks to enhance the efficiency and cost-effectiveness of maintenance services across the entire Beechcraft and Cessna fleet.

Textron Aviation, through its Beechcraft and Cessna brands, is renowned for its unrivalled global service network dedicated to complete life-cycle support. In addition to its expansive company-owned footprint, Textron Aviation’s jet and turboprop customers have access to a global network of more than 300 authorized service facilities. Textron Aviation also offers a mobile support program featuring more than 40 mobile service units, three dedicated support aircraft, and on-site service technicians and support. 

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Howard Ungerleider elected to the board of directors of American Airlines

American Airlines Group announced the election of Howard Ungerleider, 55, to its board of directors. Ungerleider will serve on the board’s Audit Committee and Compensation Committee.

“We are very pleased to welcome Howard to American’s board of directors,” said American’s Chairman Greg Smith. “Howard is an accomplished executive who has held key commercial, financial and operational roles over three decades at Dow. His financial expertise and global business and leadership experience will make him a valuable member of our board.”

“Howard is a fantastic addition to the American Airlines board,” said American’s CEO Robert Isom. “His business acumen and extensive experience leading a complex, multinational organization will be important assets to American and our board.”

Ungerleider is currently an operating advisor to Clayton, Dubilier & Rice. Previously, he served as president and CFO of Dow Inc., where he was a member of Dow’s senior executive committee, which set the strategic direction, established corporate policy, and managed governance and enterprise-level decisions for the business. He retired from Dow in January 2024 after more than 30 years with the company.

Porter Airlines to add Ottawa and Montréal services to Las Vegas

The Canadian regional carrier, Porter Airlines has confirmed it will be offering two new winter seasonal routes connecting Eastern Canada to the vibrant city of sin and neon, which is Las Vegas, this winter.  

Starting 1st November, Porter will operate nonstop service between Ottawa International Airport (YOW) and Las Vegas Harry Reid International Airport (LAS) four times weekly. Las Vegas-Montréal-Trudeau (YUL) service begins on Nov. 2, with flights operating three times weekly.

Porter will be the only carrier operating the Ottawa-Las Vegas route.

This new service complements Porter’s existing twice-daily Las Vegas flights between Toronto-Pearson Airport.

Travelling with Porter means enjoying an elevated economy experience that no other North American airline offers. Passengers will appreciate the genuine Porter hospitality, premium snacks and complimentary beer and wine served in glassware. For those looking for an all-inclusive experience, PorterReserve fares offer fresh, healthy meals, pre-mixed cocktails, dedicated airport check-in, early boarding, enhanced legroom, two checked bags, and the ability to change flights without a fee.

Connections are available through Porter and its partner network. This includes Alaska Airlines flights for travel across the Western U.S. via LAS, while Porter’s extensive Eastern Canada network provides multiple options through YOW and YUL. Transatlantic itineraries are also available with Air Transat via YUL.

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Howmet Aerospace's second quarter 2024 results

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, a leading global provider of advanced engineered solutions for the aerospace and transportation industries.  Its primary business focus is on jet engine components, aerospace fastening systems, and airframe structural components necessary for mission-critical performance has released its latest results for the second quarter of 2024. 

Howmet scored revenue of $1.88 billion, up 14% from the same period in 2023, which was driven by commercial aerospace, up 27%.  Net income of $266 million versus $193 million in the second quarter 2023.  The firm generated $397 million of cash from operations; $123 million of cash used for financing activities; and $54 million of cash used for investing activities.

Howmet Aerospace Executive Chairman and Chief Executive Officer John Plant said, “In the second quarter 2024, the Howmet Aerospace team drove another very strong set of results, again exceeding the high end of guidance on all fronts. Revenue grew a healthy 14% year over year, with commercial aerospace revenue up 27%, continuing a strong trend. For the second consecutive quarter, Howmet achieved record quarterly results in revenue, adjusted EBITDA*, adjusted EBITDA margin* and adjusted earnings per share*. Adjusted EBITDA margin* of 25.7% was up approximately 340 basis points year over year, and adjusted earnings per share* grew 52%.”

Mr. Plant continued, “The outlook for commercial aerospace continues to be robust, with strong travel demand and an aging aircraft fleet, leading to an extremely high backlog at the aircraft OEMs. The issue faced by Howmet Aerospace continues to be the aircraft manufacturers’ ability to build and deliver aircraft on a consistent basis. We continue to take these factors into account in our guidance. Despite these challenges, we are again raising full year 2024 guidance above the second quarter 2024 beat, reflecting strong continued performance at Howmet Aerospace.”

“Howmet Aerospace generated very healthy free cash flow of $342 million in the second quarter 2024 and $437 million in the first half 2024, which enabled the Company to redeem the remaining $205 million of our notes due in October 2024 and $23 million of our notes due in May 2025, and repurchase $210 million of common stock year to date. We are pleased that the Board of Directors approved a 60% increase in the common stock dividend to $0.08 per share for the third quarter 2024. Moreover, the Board of Directors approved the establishment of a 2025 dividend policy on common stock of 15% plus or minus 5% of net income excluding special items. Finally, the Board of Directors authorized an increase in the share repurchase program by $2 billion to $2.487 billion, reflecting the Company’s strong free cash flow outlook.”

Textron Aviation and Gama Aviation (UK) sign deal for 3 Beechcraft King Air 360C for air ambulance service in Scotland

Textron Aviation confirmed an agreement with Gama Aviation (UK) Limited for the purchase of three cargo door-equipped Beechcraft King Air 360C aircraft expected to be delivered in 2025. The deal was signed at the Farnborough International Airshow (FIA), modernizes Gama Aviation’s fleet and supports the mission of the Scottish Ambulance Service (SAS).

“By providing a wide range of essential healthcare services to regional, rural and remote communities, the mission scope of the Scottish Air Ambulance requires 24-hours-a-day, seven-days-a-week operational availability,” said Bob Gibbs, vice president, Special Mission Sales, Textron Aviation. “Continuing to be the supplier of choice for emergency services in Scotland is a testament to the King Air’s performance when each second matters.”

The SAS equips mainland Scotland and its islands with a national air ambulance service. The only wholly publicly-funded air ambulance service in the United Kingdom, the SAS delivers an invaluable resource to the public of Scotland.

Gama Aviation has been a provider of air ambulance services to the SAS for more than 30 years with the King Air as the mainstay of the company’s fixed wing fleet. Together, the SAS provides the clinical staffing, while the aircraft, flight crew (pilots) and engineering support are provided by Gama Aviation on a managed service basis.

“Our team worked closely with the experts at Textron Aviation to spec the Beechcraft King Air 360Cs for our recently awarded contract in Scotland,” said Marwan Khalek, Group CEO, Gama Aviation. “Strategically the KA360C hits the mark, providing good, direct operating costs and flight performance with a highly scalable mission platform we will modify at Gama Aviation. The completed aircraft, on entry into service, will represent a substantial step-up in the provision of pre- and intra-hospital care for the people of Scotland.”

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ATSG delivers two Boeing 767s to Georgian Airways

Air Transport Services Group, announced that its leasing subsidiary Cargo Aircraft Management (CAM) recently delivered two Boeing 767-300 aircraft to Georgian Airways LLC of Tbilisi, Georgia under multi-year leases.

One of the two Boeing 767-300s is a passenger aircraft delivered in June, while the other is a newly converted freighter delivered in July.

"We are pleased to deepen our partnership with ATSG with these two aircraft," said David Gaiashvili, general director of Georgian Airways. "Founded over three decades ago, Georgian Airways has established itself as a trusted leader in the aviation industry with a steadfast commitment to safety and a relentless pursuit of excellence. We are looking forward to growing with ATSG following its great experience and expertise in the industry."

Georgian Airways offers scheduled, charter and regular flights across Europe, the Baltic region, the Caucasus, the Black Sea Region, the Middle East, and eastern and southern Asia.

"These leases reflect the growing demand for global air capacity and reinforce our Lease+Plus strategy, providing comprehensive, reliable, and flexible leasing solutions for our global customers," said Mike Berger, chief executive officer of ATSG. "We are excited to grow capacity with our existing customers, as it validates the value ATSG brings to the leasing market. Medium widebody freighters like the Boeing 767 and Airbus A330 are ideal for cargo airlines based in Eastern Europe and Western Asia. The geographic location of Tbilisi is an excellent mid-point for goods flowing out of China and ultimately destined for Europe, Southeast Asia, and the Middle East."

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WestJet and Air North announce interline agreement

New agreement to make air travel more seamless and affordable for Northern Canadians, providing unmatched connectivity through WestJet's network

Interline will unlock greater opportunity for travel to the Yukon and beyond with Air North, creating new tourism and economic connections within Northern Canada

WestJet and Air North, announced a new interline agreement directly connecting both carrier's networks. Starting July 31, guests can book a single ticket with a connected itinerary between WestJet's global network and the Yukon and Northwest Territories with single point check-in and through-checked bags for connecting itineraries.

"Understanding the criticality of air access for remote communities, and through our shared passion for affordable and accessible air travel, WestJet and Air North are joining forces to deliver the only full large carrier interline agreement to Northern Canada," said Jared Mikoch-Gerke, WestJet Director, Alliances and Airport Affairs. "This interline agreement will redefine air travel to the Yukon and the Northwest Territories from WestJet's expansive network, igniting important new tourism and business travel opportunities. It will also unlock more seamless access for education, medical and cargo services to reach remote communities." 

"Safe, affordable, and seamless air travel is a necessity rather than a luxury for northerners. This interline agreement will provide enhanced access to and from the rest of the world for Yukoners and for visitors to the Yukon and are confident that, by doing so, it will provide significant benefits for Yukoners, for visitors to the Yukon and for Air North and WestJet," said Joe Sparling, CEO, Air North, Yukon's Airline.

IBS Software and Singapore Airlines Co-Develop Shipment Record Solution

 Singapore Airlines, a world-leading global carrier, is collaborating with IBS Software to co-develop a shipment record solution. This will make substantial strides in digitally transforming air cargo operations and advancing towards IATA's ONE Record standards through the digitisation of shipment records and usage of technology.

The two companies, in conjunction with Cargo Community Network (CCN), have successfully completed the first phase of this plan that involves the creation and sharing of shipment records across airlines, cargo community system providers and ground handling agents on the ONE Record platform. CCN's open data collaboration platform, CUBEforall, enhances data exchange and transparency, while seamlessly integrating legacy systems with ONE Record standards. This milestone was presented during the IATA ONE Record roadshow in Singapore on July 23, 2024.

Shipment records are one of the most frequently used documents in air cargo, forming the basis for all key processes in sales, planning and execution for organisations. Today, a single shipment results in multiple copies of shipment records across individual stakeholders, and the process of handling physical paper-based documents can be inefficient. Tapping on this new technology can help enhance overall operational efficiencies.  

The digitisation of shipment records through ONE Record will enable Singapore Airlines to maintain a single source of truth, allowing the data to be utilised beyond the physical life cycle of shipments. This streamlined data exchange will facilitate transparency and visibility across reporting, revenue accounting and future planning for all stakeholders. From airline to shipper, IBS Software will increase the accessibility of shipment data for all partners in the air cargo supply chain.

Digital shipment records are fundamental for the future of digital cargo, providing a solution to address incompatible legacy systems, data duplication, and reduced data integrity. The successful implementation of the shipment record based on ONE Record lays the foundation for Singapore Airlines to implement more innovative use cases, to help enhance efficiencies.

Ashok Rajan, Head of Cargo and Logistics Solutions at IBS Software, added, "Partnering with Singapore Airlines, a globally recognised leader in aviation innovation, to drive the digital future of air cargo is a significant objective for IBS Software. In today's cargo industry, data accessibility and transparency are paramount. Data and digitalisation are key enablers for the development of solutions that allow cargo carriers to grow and meet their customers' evolving needs. We are proud to have the support of an industry pioneer like Singapore Airlines in enhancing accessibility and excellence in the digitalisation of air cargo."

Marvin Tan, Senior Vice President Cargo at Singapore Airlines, said, "At Singapore Airlines, we continuously invest and innovate in all aspects of the business. By co-developing a digital shipment record solution with IBS Software, we remain committed to meeting IATA's ONE Record's goal for enhanced data visibility for all our stakeholders. This collaboration positions both organisations at the forefront of cargo digitalisation, as we unlock new efficiencies and business opportunities and respond to the evolving needs of the industry."

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June air cargo demand surges 14.1%, boosting strong first half performance

The International Air Transport Association (IATA) released data for June 2024 global air cargo markets showing continuing strong annual growth in demand. This contributed to an exceptional first half-year performance for air cargo, with volumes exceeding 2023, 2022, and even the record-breaking 2021 levels.

•    Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 14.1% compared to June 2023 levels (15.6% for international operations). This is the seventh consecutive month of double-digit year-on-year growth. 

•    Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 8.8% compared to June 2023 (10.8% for international operations). 

•    Total half-year (H1) demand increased by 13.4% compared to H1 2023, by 4.3% compared to H1 2022, and by 0.02% compared to H1 2021.

"Air cargo demand surged in June. Strong growth across all regions and major trade lanes combined for a record-breaking first-half performance in terms of CTKs. Maritime shipping constraints and a booming e-commerce sector are among the strongest growth drivers. Meanwhile, the sector has remained largely impervious to ongoing political and economic challenges, and the US customs crackdown on e-commerce deliveries from China. Air cargo looks to be on solid ground to continue its strong performance into the second half of 2024," said Willie Walsh, IATA’s Director General.

Several factors in the operating environment should be noted:

•    In June the Purchasing Managers Index (PMI) for global manufacturing output indicated expansion (52.3) while the new export orders PMI registered a small contraction, falling below the critical 50-point benchmark to 49.3.

•    Global cross-border trade expanded 0.1% month-on-month in May while industrial production stayed level compared to the previous month. 

•    Inflation was a mixed picture in June. In the EU and Japan, inflation rates stayed roughly constant compared to the previous month at 2.6% and 2.8% respectively, while dropping in the US to 3.0%. In contrast, China’s inflation rate remained near zero (0.3%) reflecting weak domestic demand amid high unemployment, slow income growth, and a crisis in the real estate sector, a trend that has persisted since 2023.

Saudia Ranks First Worldwide in On-time Departure and Arrival Performance

Saudia, the national flag carrier of the Kingdom of Saudi Arabia, has topped the list of global airlines for on-time performance, according to a report by the independent aviation tracking site Cirium for June 2024. The report indicates that Saudia achieved an on-time arrival rate of 88.22% and an on-time departure rate of 88.73%, operating 16,133 flights across its network of over 100 destinations on four continents. This achievement is particularly notable given that June is a peak travel month due to the Hajj and summer travel seasons.

His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, highlighted, “This accomplishment is a realization of our strategic goals to enhance operational efficiency and quality through continuous improvements in flight scheduling and the implementation of the best digital solutions and systems for operations management. Maintaining a high level of on-time performance requires significant effort, as it involves overcoming numerous operational challenges in the aviation industry, such as weather conditions, high temperatures, technical issues, and other airport-related factors. I express my gratitude to all Saudia employees for their diligent work in maintaining the national flag carrier's operational excellence.”

Saudia has consistently been among the top ten global airlines for on-time performance since last year, demonstrating its commitment to providing the highest standards of quality and air safety. Its operations are managed through the largest Integrated Operation Control Center (IOCC) of its kind in the Middle East, which operates within a comprehensive system involving all sectors and group companies. Additionally, the center utilizes the latest technologies for aircraft communications, ensuring smooth operations by monitoring all procedures related to aircraft takeoff and landing in real time at all domestic and international stations.

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JetBlue Announces Second Quarter 2024 Results

Exceeded second quarter guidance targets

Introducing JetForward, the evolution of JetBlue's strategy to restore profitability

Targeting $800M - $900M of incremental EBIT (1) in 2027

JetBlue Airways has reported its financial results for the second quarter of 2024.

"We closed the first half of 2024 with meaningful year-over-year improvements in our operation and exceeded our second quarter guidance through strong execution, early evidence the changes we are implementing as part of our refocused strategy are yielding positive benefits," said Joanna Geraghty, JetBlue's chief executive officer. "Today, and as the year progresses, we are excited to share more details about JetForward, our strategic framework to return JetBlue to sustained profitability, and the four priority moves aimed at driving significant value over the coming years.

"These include boosting reliability and doubling down on our commitment to caring service to improve satisfaction and drive cost savings; reinvesting in building the best leisure network on the East Coast, where we are positioned to win; enhancing our existing product offerings and loyalty perks to better deliver the elevated and differentiated experiences our customers want; and keeping our costs low so that we can continue to offer customers exceptional value in the sky as we build a secure financial future for JetBlue."

"In the second quarter, we continued to implement our JetForward strategy with the announcement of more significant network changes. We are actively reinvesting in our core geographies in New York, New England, Florida and Puerto Rico, while exiting routes and BlueCities that don't meet our financial hurdle rate. As we progress through the second half of the year, we'll be announcing additional initiatives designed to further enhance our customer value proposition, close the gap in our product offering to our peers and drive significant financial benefit," said Marty St. George, JetBlue's president.

Air Samarkand operates first flights to Jeddah, Saudi Arabia

Air Samarkand has successfully operated an inaugural passenger flight from Samarkand to Jeddah, marking a new milestone in the airline's operations by supporting religious pilgrims.

 

The carrier’s Airbus A321neo aircraft departed from Samarkand today, Tuesday 30 July, at 0:05am and arrived in Jeddah at 03:10am local time, carrying 188 passengers to a city renowned for being a gathering point for pilgrims travelling to the holy cities of Mecca and Medina. Some 119 passengers joined the return leg from Jeddah to Samarkand.

A further flight departing Samarkand at 15:00pm and arriving in Jeddah at 18:20pm local time took place and from here on,  the airline will operate two return flights to Jeddah every Tuesday.

Air Samarkand’s CEO, Zafar Butaev, commented: "We are proud to offer our passengers new opportunities for travel and spiritual growth, with new flights that strengthen the ties between Uzbekistan and Saudi Arabia. There is growing interest worldwide in Islamic cultural tourism, so we are meeting that need with these new services, which will build on the unique historical legacy and ties between our two countries.”

Mr Mazen Johar, CEO of Jeddah Airports Company (JEDCO) and Mr Majid Khan, CEO of the Saudi Air Connectivity Program, said: “We are delighted to see Air Samarkand’s entry into our coastal city of Jeddah from Samarkand. New flights will further help to grow connectivity to our largest airport of KSA and grow inbound tourism from the Uzbek market to Saudi Arabia.”

Mr. Hazim Alhazmi President - Europe and America Markets for the Saudi Tourism Authority said: “With its central geographical location in Central Asia, Uzbekistan is a highly underserved market for Saudi Arabia. We welcome Air Samarkand’s entry to Jeddah and look forward to promoting Saudi Arabia’s untouched wonders to tourists from Uzbekistan.”

The inaugural flights to the King Abdulaziz International Airport represent a significant step in strengthening aviation links between Uzbekistan and Saudi Arabia. The opening of this new route is a noteworthy event for Uzbek Muslims, providing as it does, a convenient way to visit the most revered holy sites in the Islamic world.

Australia's REX goes into administration

No doubt Qantas present and especially former senior management will be cheering and rubbing their collective hands with glee following the news from Australia that REX has gone into administration.

 

Regional Express Holdings Limited and a number of its subsidiaries in the Rex Group have entered voluntary administration. These are detailed on the Rex Group’s website.

 

Samuel Freeman, Justin Walsh and Adam Nikitins of Ernst & Young Australia (EY Australia) have been appointed Joint and Several Voluntary Administrators by the Rex Group’s respective Boards of Directors.

 

Regional Saab 340 flights are currently unaffected by the administration and will continue to operate.

 

Domestic 737 services are grounded with Virgin Australia offering impacted Rex passengers free of charge rebooking.

 

To find out more information about how these changes affect you, please watch this video or head to the Rex website – www.rex.com.au.

Rex routes are affected, which can be rebooked with Virgin Australia?

Melbourne (MEL) – Adelaide (ADL) 

Melbourne (MEL) – Canberra (CBR) 

Melbourne (MEL) – Brisbane (BNE) 

Melbourne (MEL) – Coolangatta, Gold Coast (OOL) 

Melbourne (MEL) – Hobart (HBA) 

Melbourne (MEL) – Sydney (SYD) 

Melbourne (MEL) – Perth (PER) 

Sydney (SYD) – Brisbane (BNE) 

Sydney (SYD) – Coolangatta, Gold Coast (OOL) 

Sydney (SYD – Adelaide (ADL) 

Brisbane (BNE) – Adelaide (ADL) 

Adelaide (ADL) – Perth (PER) 

Brisbane (BNE) – Cairns (CNS) 

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Virgin Australia released the following statement at a difficult time for the Australian aviation industry. "Our team is now moving quickly to support Rex’s customers and people. 

First of 6 new Airbus A220 jets arrives for Croatia Airlines

The leasing giant Air Lease Corporation has confirmed the delivery of one new Airbus A220-300 aircraft to Croatia Airlines. This is the first A220 to join the Croatian carrier’s fleet and the first of six new A220 aircraft confirmed to be delivered to the airline from ALC’s order book with Airbus.

“Air Lease Corporation is honoured to have been selected by Croatia Airlines as the first Lessor to introduce the A220 to the airline and support Croatia’s major fleet modernization program,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “This milestone first of six new A220 deliveries is a wonderful achievement that commences the fleet transformation at Croatia Airlines.”

“We are thrilled to congratulate our colleagues at Croatia Airlines on this first A220 aircraft delivery,” said David Beker, Executive Vice President of Air Lease Corporation. “Croatia Airlines’ fleet modernization program is expected to deliver not only a new and improved standard of passenger comfort and experience but also significant financial and environmental benefits due to lower fuel consumption, reduced noise and lower emissions with the most modern, technologically advanced aircraft available.”

Fake news keyword seeing thousands of searches a month

What is a deepfake, why is it gaining so much attention, and how many people are actually searching for deepfake content online? New research from digital identity security specialists, ID Crypt Global, answers all of these questions and more with an analysis that includes new information on the concerning trend of free-to-use fake news generators.

 

ID Crypt has analysed how many monthly Google searches UK internet users are carrying out with keyword terms related to deepfakes and fake news*, providing new insight into what sort of public interest there is in misinformation.

 

What is a deepfake?

A deepfake is a video or image in which a person’s face, body, or general likeness has been digitally altered and manipulated to make them appear to be doing or saying something that they never said or did.

 

While there have been a number of well-executed creative endeavours that have made good use of deepfake technology, such as Kendrick Lamar’s video for his song The Heart Part 5, the sad truth is that the technology is more often than not used maliciously or in effort to spread false information.

 

Interest in deepfakes is growing rapidly. In the UK, the average number of Google searches with keywords that include ‘deepfake(s)’ is estimated to be 11,100 per month.

 

This number gets even larger when you include data on ‘deepfake porn’ keywords which themselves account for an average of 4,950 monthly searches.

 

The numbers grow even more when you account for other x-rated keywords including ‘deepfakes porn’, which is searched for an average of 1,472 per month, ‘deepfakes xxx’ (800), and  ‘porn deepfakes’ (791).

 

Whatsmore, there appears to be a desire among some people to create their own deepfake content, as proven by 650 monthly searches for keywords surrounding ‘deepfake maker’.