The WestJet Group will acquire three additional 737 MAX 8 aircraft from SMBC Aviation Capital, the group said on September 6, 2024. These aircraft are in addition to the six new 737 MAX 8 aircraft the WestJet Group added earlier this summer. “With our longstanding partner SMBC, we are thrilled to be adding three more
The US Federal Aviation Administration (FAA) will provide over $2bn in grants to improve airport infrastructure across the US. Around $1.9bn for 519 grants was announced on September 6, 2024, under the airport improvement program (AIP). An additional $269 million in supplemental discretionary grants were announced last year to fund 62 projects at 56 US
Italian carrier ITA Airways has partnered with Greek airline SKY express. The partnership will allow passengers from Greece and Cyrpus to reach Italian cities and global destinations via Rome Fiumicino and Milan Malpensa. It will also offer travellers from Italy and beyond access to SKY express’ network of 33 Greek destinations. SKY express commented on
US Airlines’ used 3.5% more fuel in July 2024, compared to pre-pandemic levels in July 2019. According to the US Department of Transportation’s Bureau of Transportation Statistics (BTS), airlines in the country also used 3.1% more fuel over June 2024. Fuel consumption totalled 1.7bn gallons of fuel. Cost per gallon in July 2024 was up
Horizon Aircraft – an electric vertical take-off and landing (eVTOL) aircraft developer – commissioned a market research study that indicates a strong return by investors to small- and micro-cap companies. “Investors are once again being drawn to smaller public companies that offer much more upside potential,” Horizon CEO Brandon Robinson commented on the survey results.
Worldwide air cargo demand and pricing has remained strong throughout August. Tonnages were up 10% and rates up 12% over the same month last year, according to WorldACD market data. Compared to the previous month, total flown chargeable weight dipped slightly by 2%, while average yields were up marginally by 1% to $2.49 per kilo.
International airport group headquartered in Mexico City, ASUR reported its passenger traffic for August 2024 reached a total of 6 million passengers, down 2.8% compared to August 2023. The slight decrease was driven by its Mexico passengers down 10.7%. Its domestic and international traffic were down 9.1% and 12.6%, respectively. However, Colombia passengers were up
beOnd Airlines’ second aircraft – an A321 – has entered service on September 3, 2024. “Our new and returning customers will be impressed to see this stunning aircraft at their home airports, and they’ll be thrilled at the service from the start to finish of their journey,” said beOnd’s chairman and CEO Tero Taskila. The
Finnair carried 1.06 million passengers in August 2024, up 9.5% compared to the same month last year. Capacity, measured in available seat kilometres (ASK), was up 9.3% in the month. The airline said it was driven by additional narrowbody capacity gained after wet leases to British Airways ended in March 2024. The airline wet leased
Aircraft engineering solutions and engine services company HAECO has entered into a long-term partnership with Safran Aircraft Engines for the installation of the reverse bleed system (RBS) on LEAP engines. The installation of the RBS will be carried out on wing and near wing by HAECO’s engine support team. HAECO is the first supplier to