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Airline chiefs grapple with fuel shock, fare test at Rio summit

Airline chiefs grapple with fuel shock, fare test at Rio summit

By Rajesh Kumar Singh and Allison Lampert RIO DE JANEIRO, June 6 (Reuters) - Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to
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IATA and ICAO Collaborate to Enhance Sustainable Aviation Fuel Tracking

IATA and ICAO Collaborate to Enhance Sustainable Aviation Fuel Tracking

The International Air Transport Association (IATA) has announced a partnership with the International Civil Aviation Organization (ICAO) to improve transparency and integrity in tracking the progress of sustainable aviation fuels (SAF). This collaboration was revealed during the ICAO Aviation Climate Week and precedes the IATA Annual General Meeting in Rio de Janeiro. The initiative aims to enable transparent and credible tracking of cleaner aviation energies, contributing towards the goal of net-zero carbon emissions by 2050. The focus on SAF comes amid challenges faced by airlines due to high jet fuel prices exacerbated by the ongoing Iran war, which began on February 28. The crisis has underscored the strategic importance of SAF in reducing reliance on imported jet fuel.
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Airline CEOs Criticize Engine Manufacturers Over Reliability Issues Affecting Operations

Airline CEOs Criticize Engine Manufacturers Over Reliability Issues Affecting Operations

Airline CEOs Criticize Engine Manufacturers Over Reliability Issues Affecting Operations
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Boeing weighs 737 ramp-up to approach Airbus production targets, Air Current reports

Boeing weighs 737 ramp-up to approach Airbus production targets, Air Current reports

June 4 (Reuters) - Boeing is exploring raising production of its bestselling 737 jet beyond its publicly stated target of 63 aircraft per month, the Air Current reported on Thursday.
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IATA and ICAO Strengthen Cooperation on Sustainable Aviation Fuels

IATA and ICAO Strengthen Cooperation on Sustainable Aviation Fuels

The International Air Transport Association (IATA) has announced a commitment to work more closely with the International Civil Aviation Organization (ICAO) to enhance transparency and integrity in tracking sustainable aviation fuels (SAF). This collaboration aims to support the aviation industry's goal of achieving net-zero carbon emissions by 2050. The announcement was made during ICAO Aviation Climate Week, ahead of the IATA Annual General Meeting in Rio de Janeiro. The partnership will focus on developing robust systems and high-quality data to track the use of SAF and its contribution to emissions reduction.
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General Electric Secures Dominance in Boeing 787 Market with GEnx Engines

General Electric Secures Dominance in Boeing 787 Market with GEnx Engines

General Electric Secures Dominance in Boeing 787 Market with GEnx Engines
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Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say

Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say

By Tim Hepher PARIS, June 4 (Reuters) - Qantas is in talks with planemakers over a possible order for around 20 Airbus or Boeing wide-body jets, industry sources said.
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GE's GEnx Engines Lead Boeing 787 Market Amid Rolls-Royce Challenges

GE's GEnx Engines Lead Boeing 787 Market Amid Rolls-Royce Challenges

GE's GEnx Engines Lead Boeing 787 Market Amid Rolls-Royce Challenges
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Global airline chiefs to confront Iran war fuel shock at industry summit

Global airline chiefs to confront Iran war fuel shock at industry summit

By Rajesh Kumar Singh RIO DE JANEIRO, June 4 (Reuters) - Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry's biggest crisis since the pandemic, with the Iran war driving up jet fuel costs, forcing flight detours and testing carriers' ability
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Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

By Robert Harvey LONDON, June 3 (Reuters) - Many airlines have been hit hard by price swings in the jet fuel market, and some are not in a position to hedge their exposure, the International Air Transport Association's head of fuel said on Wednesday.
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Singapore Airlines in talks for major new jet order, sources say

Singapore Airlines in talks for major new jet order, sources say

By Tim Hepher and Julie Zhu PARIS/HONG KONG, June 4 (Reuters) - Singapore Airlines (SIA) is in talks with Airbus and Boeing to buy at least 50 of the industry's biggest jets, as it plans a next phase of growth from next decade, two industry sources said.
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Air Canada still sees system 'friction' over delayed deliveries of A321XLR jets

Air Canada still sees system 'friction' over delayed deliveries of A321XLR jets

MONTREAL, June 3 (Reuters) - Air Canada still sees “friction in the system” regarding delays in the deliveries of Airbus A321XLR jets, the airline’s COO said on Wednesday, as the carrier starts flights this month with the longer-range, single-aisle jet.