Vietjet and Rolls-Royce have signed an agreement to provide Trent 700 engines and engine services for the airline’s incoming widebody fleet with a total value of approximately US$400 million during the Prime Minister’s attendance at COP26, the 26th United Nations Climate Change Conference of the Parties, in the United Kingdom. The Trent 700 is the only engine specifically designed for the Airbus A330 wide-body aircraft and is widely recognised for its outstanding efficiency and reliability. … [Read more...] about Vietjet locks in reinsurance, engine deals at COP26
Air Cargo Asia
AA’s winter schedule to support transatlantic shipments
American Airlines Cargo further enhances its transatlantic services for cargo customers this winter with direct service from London Heathrow (LHR) to nine key US cities starting November and onward. The airline will operate doubly daily service from LHR to John. F. Kennedy International Airport (JFK) and Dallas/Fort Worth International Airport (DFW), and daily service to Boston Logan International Airport (BOS), Seattle-Tacoma International Airport (SEA), Los Angeles International Airport … [Read more...] about AA’s winter schedule to support transatlantic shipments
ST Engineering hands out more scholarships in Florida
Press release In continued support of the local community and aviation industry in Escambia County, Florida, ST Engineering today announced the expansion of the Pensacola Mayor’s Scholarship, from four to eight recipients each year starting 2022. Successful applicants of the scholarship will receive US$2,500 each, to be used in support of their education in an aviation-related post-secondary program. The scholarship will be awarded based on the applicant’s academic performance and financial … [Read more...] about ST Engineering hands out more scholarships in Florida
Cash-stripped Garuda Indonesia needs US$1b to stay flying
PT Garuda Indonesia needs at least US$1 billion of additional funds to cut debt and stay afloat, as the government says it could give up its majority control of the troubled flag carrier, Bloomberg reports. Garuda is currently in talks with creditors to restructure US$6.3 billion worth of debt and expects to reach an agreement in the second quarter of 2022, according to Kartika Wirjoatmodjo, a Deputy Minister at Indonesia’s State-Owned Enterprises Ministry. The … [Read more...] about Cash-stripped Garuda Indonesia needs US$1b to stay flying
Cathay Pacific partners with BCG to tackle decarbonisation
Cathay Pacific together with Boston Consulting Group (BCG) and other airline leaders announced on 28 October the formation of the Aviation Climate Taskforce (ACT), a new nonprofit organisation founded to tackle the challenge of eliminating carbon emissions in aviation through innovation and collaboration. “Dramatically reducing emissions is a critically important but also highly challenging task facing the aviation sector," said Cathay's chief Augustus Tang. "We recognise the importance of … [Read more...] about Cathay Pacific partners with BCG to tackle decarbonisation
DHL Express opens newly expanded hub in Bangalore
DHL Express last week opened its expanded EUR22 million facility located within the Kempegowda International Airport in Bangalore, India. Spanning over 112,000 square feet, the new gateway is more than four times larger than the previous facility and the largest airside handling facility for DHL Express in India. At full capacity, this new and expanded facility can handle over 90,000 tonnes of shipment per year and will provide support to India’s robust trade driven by the … [Read more...] about DHL Express opens newly expanded hub in Bangalore
