ch-aviation
• Paul Ash
India has approved a $1bn fund aimed at protecting airlines from jet-fuel price shocks. The measure comes as carriers face heightened volatility and cost risk that can quickly erode margins, particularly when hedging coverage and fuel supply conditions are uneven.
Reuters
• Alessandro Parodi, Joanna Plucinska, Tassilo Hummel
By Reuters: As soaring jet fuel prices triggered by the Iran war send ripples across the global travel market, a wealthy elite of CEOs, celebrities and sports stars is flying by private jet in greater numbers than ever before, to glitzy events from the Monaco Grand Prix to the Cannes film festival.
Leeham News
• Bjorn Fehrm
By Leeham News: Such an aircraft has several important attributes. The airline customers have been very vocal that there can’t be a repeat of the fuel cost down but the same or increased operating costs of the neo/MAX, after re-engining of the present Airbus A320/A321 and the Boeing 737 MAX.
FlightGlobal
• Alfred Chua
By FlightGlobal: SIA Engineering and Safran Aircraft Engines are to set up a joint venture providing MRO services for CFM International Leap engines, amid “growing global demand” for engine maintenance services.
AeroTime
• Stephen Pope
By AeroTime: Two pilots were killed after a US-registered Gulfstream G200 crashed during an emergency landing attempt at La Romana Airport in the Dominican Republic.
Aviation Safety Network
Airline Weekly
• Gordon Smith, Jay Shabat
By Airline Weekly: It wasn't all that long ago that Iberia was fighting for survival. Today, it boasts Ryanair-like profitability. The Spanish flag carrier has transformed itself from a loss-making legacy laggard into a margin machine.
FlightGlobal
• Alfred Chua
By FlightGlobal: The additional air traffic rights will be implemented in the second half of the year. South Korea and China have agreed to increase air traffic rights between the two countries for the first time in seven years, in light of improving ties and traffic growth.
AeroTime
• Gabriele Petrauskaite
By AeroTime: China has delivered its first domestically developed electric engine for an eVTOL aircraft, marking a step forward for its advanced air mobility sector.
Bloomberg
• Rachel Gamarski, Siddharth Philip
Paddle Your Own Kanoo
• Mateusz Maszczynski
AeroTime
• Gabriele Petrauskaite
