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Aether Aviation, Hong Kong (2026)

05/08/2021

China's e-commerce giant JD.com has been granted approval to set up a new cargo airline based in the eastern province of Jiangsu.

Jiangsu Jingdong Cargo Airlines, with registered capital of 600 million yuan ($92.83 million), has obtained preliminary regulatory approvals to launch a new carrier, the Civil Aviation Administration of China said in a notice.

Suqian Jindong Zhanrui Enterprise Management, controlled by the JD.com founder Richard Liu, will contribute 75% of the founding capital while Airport Group in Nantong, a city in Jiangsu, will supply the rest, according to CAAC.

The airline is planning to use Boeing 737-800 planes for its fleet, the CAAC added.

JD Logistics, the logistics offshoot of JD.com, raised $3.16 billion in its initial public offering in May, the second largest IPO in Hong Kong in 2021.

The setup of a new cargo airline comes as JD.com's online shopping rival Alibaba Group has been expanding its fleet. YTO Cargo Airlines, owned by Alibaba-backed YTO Express is introducing freighters converted from 767 and 777 planes.

Source: Reuters

05/08/2021

DHL Express and Eviation announced that DHL is the first to order 12 fully electric Alice eCargo planes from Eviation. With this engagement DHL aims to set up an unparalleled electric Express network and make a pioneering step into a sustainable aviation future. Eviation's Alice is the world's leading fully electric aircraft, which enables airlines – both cargo and passenger – to operate a zero-emission fleet. Eviation expects to deliver the Alice electric aircraft to DHL Express in 2024.

Alice can be flown by a single pilot and will carry 1,200 kilograms (2,600 lbs). It will require 30 minutes or less to charge per flight hour and have a maximum range of up to 815 kilometers (440 nautical miles). Alice will operate in all environments currently serviced by piston and turbine aircraft. Alice's advanced electric motors have fewer moving parts to increase reliability and reduce maintenance costs. Its operating software constantly monitors flight performance to ensure optimal efficiency.

Source: DHL

03/08/2021

Carlyle Aviation Partners has completed its previously announced acquisition of Fly Leasing, following the receipt of the required government approvals for the merger. Carlyle Aviation has used funds from its fifth aviation fund, SASOF V, for this acquisition. FLY has announced the expiration and final results of the previously announced offer by Carlyle Aviation Elevate Merger Subsidiary (Elevate) to exchange the 5.250% senior notes due 2024 of FLY for newly-issued 7.000% senior notes due 2024. FLY intends to raise $100 million with this new issuance, with the proceeds earmarked for general corporate purposes. Pursuant to the terms of the merger agreement, each common share, par value $0.001 per share, of FLY issued and outstanding immediately prior to the effective time of the merger, including shares represented by American Depositary Shares (ADS), has been cancelled and converted into the right to receive $17.05 per share in cash, without interest. FLY has now suspended trading of its ADSs on the New York Stock Exchange and has filed for delisting of its ADSs on NYSE and all its registered securities.

Source: Airline Economics

03/08/2021

Qantas Group said today 2,500 staff, including airport workers and cabin and cockpit crew, would be stood down without pay as stay-at-home orders in several Australian states due to COVID-19 outbreaks have decreased flying activity.

“This is clearly the last thing we want to do, but we are faced with an extended period of reduced flying and that means no work for a number of our people," Qantas Group CEO, Alan Joyce, said.

Qantas and Jetstar have cut capacity to about 40% of 2019 levels, from 100% in May. The greater Sydney region is in the seventh week of stay-at-home orders, while parts of southern Queensland have been in lockdown since late last week. Adelaide and Melbourne recently emerged from lockdown.

Source: Simple Flying

03/08/2021

Lilium has announced plans for a strategic alliance with Azul S.A. that could see the Brazilian airline purchase 220 eVTOL Lilium Jets for up to $1 billion.

Under Lilium’s agreement with Azul, the companies plan to work together to establish an eVTOL transportation network in Brazil starting in 2025, under which Azul would operate and maintain the Lilium Jet fleet, with Lilium supplying an aircraft health monitoring platform, replacement batteries, and other spare parts. Azul also expects to support Lilium in obtaining the necessary regulatory approvals in the country. Lilium has already announced plans to launch passenger service with its seven-seat eVTOL Lilium Jets in the U.S. and Europe.

The strategic alliance and aircraft order are contingent upon Lilium and Azul finalizing commercial terms and definitive documentation.

Source: eVTOL

03/08/2021

Lion Air Group intends to stand down about 8,000 staff as pandemic travel restrictions impacted demand for air travel, local media has reported, citing an airline statement.

The figure represents almost a quarter of the aviation group's 23,000 workforce. The privately held company's carriers - Batik Air, Lion Air and Wings Air in Indonesia, Malaysia's Malindo and Thai Lion in Thailand - are operating between 10% and 15% of their normal daily capacity. New COVID-19 infections in Indonesia soared above 50,000 a day in mid-July, although the total has since reclined.

Source: Orient Aviation

03/08/2021

Garuda Indonesia, said lessor AerCap has agreed to end legal proceedings after the two parties signed a global side letter agreement on July 28. In a regulatory filing to Indonesia's stock exchange, the airline said it would fly nine 737s leased from AerCap to an undisclosed location. In June, AerCap took legal action in the Supreme Court of New South Wales, Australia after Garuda was in arrears to the lessor. Garuda said its flight operations would continue as normal post the agreement. In recent briefings to employees, Garuda Indonesia CEO, Irfan Setiaputra, has said the carrier's fleet must be reduced by 50% if it was to survive.

Source: Orient Aviation

03/08/2021

This funding follows the board of directors’ July 15th approval of the airline’s 2021-2025 business plan, along with the completion of the ongoing approval by the European Commission. There have been several talks between the European Union and Italian authorities over the last few months amid the launch of the new national carrier. Importantly, the Commission recently shared that Italy has reassured it that Alitalia’s passengers’ rights will be protected.

Numerous twists in the Alitalia saga have occurred. For instance, airlines such as Ryanair raised their frustrations about previous funding into the outfit. Nonetheless, following all the drama, it appears that Italy is now on the right track for the successor to the veteran operator to get going.

Altogether, those behind the launch have high hopes for the new airline. It is set to have a fleet of 75 planes that will focus on cargo and long-haul operations. Additionally, after services get fully underway, there could be up to 147 aircraft across the carrier’s facilities.

Altogether, those behind the launch have high hopes for the new airline. It is set to have a fleet of 75 planes that will focus on cargo and long-haul operations. Additionally, after services get fully underway, there could be up to 147 aircraft across the carrier’s facilities.

Source: Simple Flying

03/08/2021

Joby Aero a California-based company developing all-electric aircraft for commercial passenger service, announced it had taken the first step towards building the first eVTOL airline, by beginning the process to receive a Part 135 Air Carrier Certificate issued by the Federal Aviation Administration (“FAA”).

A Part 135 Air Carrier Certificate is required for Joby to operate its revolutionary aircraft as an air taxi service in cities and communities around the United States. Alongside a Type Certificate and Production Certificate, this is one of three regulatory approvals critical to the planned launch of Joby’s all-electric aerial ridesharing service in 2024.

The Company is now in the first of five stages necessary for Joby to achieve Part 135 certification in 2022. It expects to start the next stage of the process in August, with the submission of additional application materials including the full complement of airline operating manuals. Once that documentation is approved, the FAA will visit Joby locations to observe training sessions and witness flight operations before issuing its final approval.

Source: Joby

03/08/2021

Malaysia Airports announced today that it has signed a tripartite memorandum of understanding (MoU) with Skyports, the world-leading designer and operator of vertiport infrastructure for electric air taxis, and Volocopter, the pioneer of urban air mobility (UAM). As a first step, the parties will combine their distinct aerospace and aviation expertise to conduct a feasibility study examining suitable vertiport solutions to enable the safe take-off and landing of passenger eVTOL vehicles, considering factors such as demand, customer flow, and how to integrate UAM operations.

The Asia Pacific region is expected to capture around 45% of the advanced air mobility (AAM) market by 2035, translating to $9.5 billion (USD). The outcome of this venture will be a game-changer in terms of air travel offerings. The collaboration forms part of the five-year Sultan Abdul Aziz Shah Airport, Subang (LTSAAS) Regeneration plan. It will explore the deployment of revolutionary electric air taxi services at LTSAAS as well as other locations throughout Malaysia, putting the country amongst the leaders in the region in terms of willingness to implement UAM.

Source: SUAS News

18/07/2021

CAE will be investing C$1 billion over the next five years in innovation. The investment will fund Project Resilience, a transformation project to develop the technologies of tomorrow, including digitally immersive solutions using data ecosystems and artificial intelligence in civil aviation, defence & security and healthcare. The project will also allow CAE to position itself as a leader in end-to-end technology, operational support and training solutions for Advanced Air Mobility, as well as develop green light aircraft technologies.

In partnership with the Government of Canada and the Government of Québec, the project will allow CAE to play a key role in making air travel safer, defence forces mission ready, and helping medical personnel save lives.

The Government of Canada and the Government of Québec will provide a combined investment of C$340 million over the next five years (C$190 million for Canada and C$150 million for Québec).

CAE will harness its unique technological capabilities, long-standing expertise in supporting airworthiness test programs as well as its latest innovations in simulation, virtual/mixed reality (VR/MR) and data analytics to be at the forefront of disruptive mobility technologies such as eVTOL vehicles.

Through the project, CAE will invest in the development of electric aircraft technologies and solutions, including retrofitting its large fleet of light trainer aircraft to reduce its carbon footprint. CAE announced on Sept 28, 2020 that it became the first Canadian aerospace company to reach carbon neutrality.

Source: CAE

18/07/2021

United Airlines is expanding its orderbook by 270 aircraft with new orders with Boeing and Airbus, under its “United Next” initiative. United’s 737 order book is swelled by additional 200 737 MAX jets, including 150 for the largest member of the family, the 737-10, and 50 737-8s. The airline has also placed an order for 70 Airbus A321neo aircraft. The new order complements existing orders from United for 50 A321XLR aircraft, bringing the total commitment from the airline to 120 A321 aircraft. United's Boeing 737MAX orderbook totals 380 airplanes, including 30 that have been delivered. As the launch customer for the 737-10, United placed its first order in 2017 by converting 100 737-9 orders to the larger 737-10 variant. The agreement with Boeing also includes the purchase of 737 MAX training simulator data packages to support United's pilot training programs. United’s A321neo aircraft, which will feature Airbus’ Airspace cabin design, will mostly be produced at the Airbus U.S. Manufacturing Facility in Mobile, Alabama.
Source: Airline Economics

Aether Aviation

05/08/2021

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