Etihad raises funds for eco residence

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Abu Dhabi, Aviation, Business, Etihad Airways, News, Sustainability, UAE, UN Sustainable Development Goals

Andy Cairns of First Abu Dhabi Bank, Khaled Khalfan Al Suwaidi of Abu Dhabi Global Market and Adam Boukadida of Etihad Aviation Group at the signing ceremony.

Etihad Airways has raised 100 million euros to support the expansion of its eco residence in Abu Dhabi, a sustainable residential complex for the airline’s cabin crew.

In doing so, the national carrier of the United Arab Emirates has become the first airline to secure funding for a project based on the UN’s Sustainable Development Goals, the company said Sunday.

First Abu Dhabi Bank and Abu Dhabi Global Market will finance the project.

“We are proud to be the first airline globally, and one of the first companies in the UAE, to obtain commercial funding based on our commitment to the Sustainable Development Goals of the United Nations,” said Adam Boukadida, senior vice-president, treasury, tax and finance at Etihad Aviation Group.

He said the process to secure the loan hinged on a detailed international verification of the airline’s sustainability credentials.

“This assessment will enable us to fund long-term leases of the new eco residence complex, located in Abu Dhabi’s Masdar City innovation precinct, and will serve as the foundation for Etihad to fund future sustainable initiatives.”

Financing for these type projects must be linked to one or more of the goals, and the Etihad project met two, the company said.

To support the financing, Etihad established a framework.

The airline then engaged Sustainalytics to review the framework, and confirm alignment with the Sustainability Bond Principles of the International Capital Markets Association.

The company issued a Second Party Opinion verifying Etihad’s sustainability credentials, a key condition to raising capital, Etihad said.

Images are courtesy of Etihad.

 

Boeing debuts 737 MAX 10

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The 737 MAX 10 being unveiled at the Boeing plant in Renton, Wash., on Friday. 

Even as concerns about the safety of Boeing 737 MAX 8 persist, the U.S. aircraft manufacturer has debuted the latest version of the aircraft.

Thousands of employees gathered at the Boeing plant in Renton, Wash., on Friday for the debut of the 737 MAX 10.

“Today is not just about a new airplane. It’s about the people who design, build and support it,” said Mark Jenks, vice-president and general manager of the 737 program.

“This team’s relentless focus on safety and quality shows the commitment we have to our airline customers and every person who flies on a Boeing airplane.”

The 737 MAX 10 is the largest variant of the MAX family, and can seat up to 230 passengers.

“I’m honored to take this airplane on its first flight and show the world what you’ve put your heart and soul into,” said 737 chief pilot Jennifer Henderson.

Boeing has received more than 550 orders for the 737 MAX 10 from over 20 customers, the company said.

Image courtesy: Boeing 

Emirates adds A350-XWB to its fleet

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Airbus, Airbus A350 XWB, Dubai, Dubai Airshow, Emirates Airline, Rolls-Royce, UAE

DUBAI – The world’s largest international airline is adding the Airbus A350-900 extra widebody aircraft to it fleet.

Emirates Airline announced a firm order for 50 A350-900 XWB aircraft worth $16 billion at the Dubai Airshow on Monday.

The airplanes will be powered by Rolls-Royce Trent XWB engines. Delivery is expected to begin in May 2023 and will continue through 2028, the airline said.

The deal was signed by Emirates chairman Sheikh Ahmed bin Saeed Al Maktoum and Airbus CEO Guillaume Faury.

“Complementing our A380s and 777s, the A350s will give us added operational flexibility in terms of capacity, range and deployment,” said Sheikh Ahmed.

“In effect, we are strengthening our business model to provide efficient and comfortable air transport services to, and through, our Dubai hub.”

Faury said the A350 will bring unbeatable economics and environmental benefits to Emirates. The airline operates an all-widebody fleet comprising the Airbus A380 and the Boeing 777.

 

Airbus celebrates a major milestone

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Airbus, Airlines, Airports, Aviation, Bombardier, Business, Canada, CS10, CSeries, Delta Air Lines, Quebec, Transport, Travel

The first Airbus aircraft, an A300B2, was delivered to Air France in 1974. Forty-five years on, Airbus is celebrating the delivery of its 12,000th aircraft.

The Airbus A220-100, previously known as the Bombardier CS100, was assembled in Mirabel, Canada, and handed over to Delta Air Lines on Monday.

Delta received its first A220 last October. The aircraft delivered on Monday was its 12th. The airline has placed a firm order for 90 A220s.

Images are courtesy of Airbus.

Coming soon: AS2 supersonic business jet

Aerion Supersonic received a major boost on Tuesday when Boeing announced “a significant” investment in the company to bring the first supersonic business aircraft to the market.

The Aerion AS2 is designed to fly at speeds of up to Mach 1.4 or about 1,600 kilometers an hour, saving three hours on a transatlantic flight, the two companies said. First test flight is slated for 2023.

The 12-passenger jet was announced in 2014 by Aerion, a company founded in 2003. The aircraft will be powered by a GE Affinity engine.

“Aerion is the industry leader mapping out a successful, sustainable return to supersonic flight,” said Tom Vice, chairman, president and CEO.

“The AS2 is the launch point for the future of regulatory-compliant and efficient supersonic flight. Together with Boeing, we’re creating a faster, more connected future with tremendous possibilities for enhancing humanity’s productivity and potential.”

Steve Nordlund, vice-president and general manager of Boeing NeXt, called the agreement a strategic investment in further maturing supersonic technology.

“Through this partnership that combines Aerion’s supersonic expertise with Boeing’s global industrial scale and commercial aviation experience, we have the right team to build the future of sustainable supersonic flight.”

Images are courtesy of Aerion

 

Ultra-fast Internet for Global business jets

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Kurt Weidemeyer of Inmarsat, William Shatner, Jean-Christophe Gallagher of Bombardier Business Aircraft and Jack Jacobs of Honeywell at the announcement in Las Vegas.

Three companies are joining forces to offer what is being called the fastest Internet connectivity in business aviation.

Bombardier Business Aircraft said Tuesday that testing and validation for the service was nearing completion.

The Canadian aircraft manufacturer is partnering with Honeywell and Inmarsat to offer the so-called Wireless Access Virtually Everywhere, or WAVE, on its Global business jets from next year.

“Passengers can now stage a videoconference, browse the Internet or stream online shows high above land and water, as seamlessly as they would on the ground,” the company said on the opening day of the 2015 National Business Aviation Association conference and exhibition in Las Vegas.

“Bombardier is the first business aircraft manufacturer to make ultra-high-speed Wi-Fi services available in flight globally and the first to offer performance commitments for network availability and speed,” it said.

The service will be available on new Global 5000, Global 6000, Global 7000 and Global 8000 aircraft.

There will also be a retrofit option for Global Express, Global Express XRS, Global 5000 and Global 6000 aircraft.

“Our Global aircraft can link virtually any key city pair worldwide, non-stop, at close to the speed of sound, and the Bombardier WAVE system is intended to match this performance with its exceptional speed, promise of reliability and worldwide reach,” said David Coleal (left), president of Bombardier Business Aircraft.

“WAVE is a further example of how Bombardier is leading the industry in delivering the ultimate cabin experience to its customers.”

The system leverages Honeywell Aerospace’s JetWave hardware and Inmarsat’s JetConneX solution to deliver high-speed access, consistent performance and seamless coverage across the globe, Bombardier said.

“Our JetWave hardware, coupled with Inmarsat’s JetConneX solution, is ushering in a new era of connectivity in the skies,” said Kristin Slyker, vice-president at Honeywell Aerospace.

“The industry continues to demand better, more consistent and faster in-flight Wi-Fi to make the travel experience better and our next generation technology is leading the way to satisfy these demands.”

The images are courtesy of Bombardier, Honeywell and Inmarsat.

Dubai Airshow in pictures

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A350XWB, A380, Airbus, Aircraft, Airlines, Airports, Aviation, Boeing, Bombardier, Business, Business Aircraft, Canada, CS100, CSeries, Dreamliner, Dubai, Dubai Airshow, News, Sheikh Mohammed, Transport, Travel, UAE, UAE Space Agency

A few images from Sunday’s opening of the 14th Dubai Airshow by the emirate’s Ruler, Sheikh Mohammed bin Rashid Al Maktoum.

Visiting the brand new two-class Emirates Airbus A380.

Touring Qatar Airways A380 with the airline’s GCEO, Akbar Al Baker.

Touring the CS100 with Fred Cromer, president of Bombardier Commercial Aircraft.

At the UAE Space Agency pavilion.

The images are courtesy of F&E Aerospace, Emirates, Qatar Airways, Bombardier and the UAE Space Agency.