Tim Hepher and Valerie Insinna (Reuters) (The Jakarta Post) PREMIUM Paris ● Tue, March 21 2023 Airbus and United States rival Boeing were locked in a dead heat for deliveries for the first two months of the year, but the European planemaker has a tougher task to meet annual forecasts amid ongoing supply woes. Both groups delivered a total of 66 jets in January and February. But whereas this makes up some 12 percent of market forecasts for Boeing's 2023 deliveries, Airbus has secured just 9 percent of its 2023 target of 720 jets, below the trend for this time of year. After missed targets in 2022, Airbus chief executive Guillaume Faury has told executives that 2023 will be "make or break" for the company's industrial reputation, industry sources said. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to … [Read more...] about Big two planemakers fall behind on orders
Boeing
The Aviation Industry Is Investing In Sustainable Fuel, But More Is Needed
Share to Twitter Share to Linkedin The U.S. airline industry has set an ambitious goal to be net carbon neutral by 2050. To some this may seem like a long way off, but consider this is an industry worldwide that was built on using fossil fuels. Given the long lead time and risk to develop new aircraft, 2050 seems like it’s right around the corner. The two most popular commercial planes in the world, the Boeing 737 family and the Airbus A320 family, first took to the skies 56 and 36 years ago, respectively. The newer models are of course more efficient than these first models, but the underlying engineering for both planes is decades old. Sustainable aircraft fuel, or SAF, is one encouraging development for a more sustainable airline future. SAF uses fossil fuel by-products or plant based sources to create fuel for existing aircraft engines. With enough SAF, world airlines could become almost immediately net carbon neutral because their energy needs would no … [Read more...] about The Aviation Industry Is Investing In Sustainable Fuel, But More Is Needed
Riyadh Air plans new orders ahead of 2025 take-off: CEO
Rania Sanjar and Robbie Corey-Boulet (Agence France-Presse) (The Jakarta Post) PREMIUM Riyadh ● Tue, March 21 2023 Saudi Arabia's new national airline plans more aircraft orders as it prepares to operate its first flights in early 2025, its chief executive officer told AFP on Wednesday. The carrier, Riyadh Air, was officially unveiled on March 12, and on March 14 announced an agreement to purchase 39 Boeing Dreamliners, with options for 33 more jets. Those acquisitions are part of a bigger deal, which could reach as many as 121 planes with options, that also involves the kingdom's other national carrier, Jeddah-based Saudia. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles … [Read more...] about Riyadh Air plans new orders ahead of 2025 take-off: CEO