Commercial aviation

Mitsubishi Heavy Industries Achieves Large YoY Growth in Order Intake, Revenue, and Profit in Strong Third Quarter, Raises FY2023 Order Intake and Revenue Guidance

Retrieved on: 
Wednesday, February 7, 2024

- Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.

Key Points: 
  • - Increased FY2023 order intake and revenue guidance in response to continued strength in all segments.
  • Profit attributable to owners of parent (net income) was JPY138.0 billion, an increase of 107.8% year-over-year, with a profit margin of 4.2%.
  • In Energy Systems, strong demand in Gas Turbine Combined Cycle (GTCC) as well as Nuclear Power served to increase order intake.
  • "Performance during the first three quarters of FY2023 was strong, with large year-over-year growth in order intake, revenue, and profit," Hisato Kozawa, MHI Chief Financial Officer commented.

Intelsat Makes History with Arctic Circle High-Speed Aircraft Connectivity

Retrieved on: 
Monday, February 5, 2024

“Airlines and their passengers have never had access to polar connectivity, but Intelsat made history as the first inflight connectivity provider to provide high-speed internet service above the Arctic Circle,” said Dave Bijur, the company’s senior vice president of Commercial Aviation.

Key Points: 
  • “Airlines and their passengers have never had access to polar connectivity, but Intelsat made history as the first inflight connectivity provider to provide high-speed internet service above the Arctic Circle,” said Dave Bijur, the company’s senior vice president of Commercial Aviation.
  • On December 18, 2023, Intelsat operated a roundtrip flight from Anchorage to Utqiaġvik, Alaska (formerly Barrow, AK).
  • “As the aircraft traveled due north from Anchorage into the Arctic Circle, we seamlessly connected to the OneWeb low-earth orbit constellation delivering 150 megabits per second inflight and on the ground in Alaska.
  • This historic flight validates the 5C’s of connectivity that together OneWeb and Intelsat can deliver to our airline customer namely – coverage, capacity, connection, consistency, and community.”

Lufthansa Group Selects Viasat for In-Flight Connectivity Upgrades

Retrieved on: 
Wednesday, January 24, 2024

CARLSBAD, Calif., Jan. 24, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a leader in global communications, today announced that Lufthansa Group has selected Viasat to equip more than 150 additional aircraft – across its Lufthansa, SWISS, and Austrian Airlines fleets – with the European Aviation Network (EAN) in-flight connectivity (IFC) solution. EAN combines S-band satellite coverage provided by Viasat with a complementary ground component network operated by long-standing Viasat and Lufthansa Group partner, Deutsche Telekom, delivering a service that supports streaming and other high bandwidth requirements.

Key Points: 
  • CARLSBAD, Calif., Jan. 24, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a leader in global communications, today announced that Lufthansa Group has selected Viasat to equip more than 150 additional aircraft – across its Lufthansa, SWISS, and Austrian Airlines fleets – with the European Aviation Network (EAN) in-flight connectivity (IFC) solution.
  • EAN combines S-band satellite coverage provided by Viasat with a complementary ground component network operated by long-standing Viasat and Lufthansa Group partner, Deutsche Telekom, delivering a service that supports streaming and other high bandwidth requirements.
  • Inmarsat, which was recently acquired by Viasat, has provided its Ka-band IFC service to Lufthansa Group since 2015.
  • This connectivity solution is already onboard 240 Lufthansa Group narrow-body aircraft.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

JetBlue Celebrates a Trailblazing 10 Years of Fast, Free and Unlimited Fly-Fi®

Retrieved on: 
Tuesday, December 12, 2023

JetBlue (Nasdaq: JBLU) today celebrates its 10-year anniversary of Fly-Fi—the airline’s fast, free and unlimited broadband satellite internet service.

Key Points: 
  • JetBlue (Nasdaq: JBLU) today celebrates its 10-year anniversary of Fly-Fi—the airline’s fast, free and unlimited broadband satellite internet service.
  • With this bold move that made JetBlue the first major U.S. airline to offer free Wi-Fi on every flighta, Fly-Fi highlights JetBlue’s commitment to a customer-centric onboard experience with great service at low fares.
  • This year alone, more than 15 million smartphones and 2 million laptops have connected to Fly-Fi on JetBlue.
  • To learn more about JetBlue’s fast, free and unlimited Fly-Fi internet service, visit jetblue.com/flying-with-us/wifi .

Global Commercial Aircraft Market 2023-2042: Strategy and Growth Outlook for Top 4 Commercial Aircraft OEMs - Airbus, Boeing, Embraer and ATR - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 21, 2023

The "Global Commercial Aircraft Market - 2023-2042 - Market Dynamics, Competitive Landscape, OEMs' Strategies & Plans, Trends & Growth Opportunities and Market Outlook - Airbus, Boeing, Embraer, ATR" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Commercial Aircraft Market - 2023-2042 - Market Dynamics, Competitive Landscape, OEMs' Strategies & Plans, Trends & Growth Opportunities and Market Outlook - Airbus, Boeing, Embraer, ATR" report has been added to ResearchAndMarkets.com's offering.
  • Commercial Aviation has been on a very strong comeback trail following pandemic marked by strong passenger traffic growth and sustained growth in air cargo traffic across most key markets & regions.
  • The global airline passenger traffic is already at the pre-pandemic levels on domestic routes and international traffic, too, is in the catch-up mode.
  • On the other side of the Atlantic, Airbus' A321XLR is gearing up for certification, with its EIS in Q2 2024.

Intelsat Inflight Connectivity Coming to Aerolíneas Argentinas

Retrieved on: 
Monday, November 20, 2023

Intelsat , operator of the world’s largest integrated satellite and terrestrial network, today was selected by Aerolíneas Argentinas to provide multi-orbit inflight connectivity service on 18 Airbus A330 and Boeing 737 MAX aircraft.

Key Points: 
  • Intelsat , operator of the world’s largest integrated satellite and terrestrial network, today was selected by Aerolíneas Argentinas to provide multi-orbit inflight connectivity service on 18 Airbus A330 and Boeing 737 MAX aircraft.
  • The airline will become the first in Latin America to offer service using Intelsat’s new electronically steered array (ESA) antenna.
  • “Aerolíneas Argentinas’ passengers will soon benefit from multi-orbit connectivity that will provide the same fast and dependable internet access they enjoy at home,” said Dave Bijur, Senior Vice President for Commercial Aviation.
  • “Intelsat’s partnerships with innovative Latin American airlines highlight how the region’s carriers are leading the way when it comes to the most advanced connectivity.”
    The airline’s Airbus and Boeing aircraft will soon offer Intelsat’s new ESA, which is less than seven centimeters tall and interoperates on both Intelsat’s family of geo-stationary satellites and its partner’s constellation of Low Earth Orbit satellites.

Sustainable Aviation Fuel Market worth $16.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 29, 2023

The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.

Key Points: 
  • The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.
  • The biofuel segment in the sustainable aviation fuel (SAF) industry is anticipated to secure a larger market share due to several key factors.
  • The Middle East anticipates a higher SAF market CAGR, propelled by strategic investments in renewable energy and a commitment to sustainable aviation.
  • The Sustainable Aviation Fuel Companies includes major players Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others.

Sustainable Aviation Fuel Market worth $16.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 29, 2023

The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.

Key Points: 
  • The biofuel segment is poised to lead the sustainable aviation fuel market, driven by its eco-friendly nature, technological advancements, regulatory support, and increased investments.
  • The biofuel segment in the sustainable aviation fuel (SAF) industry is anticipated to secure a larger market share due to several key factors.
  • The Middle East anticipates a higher SAF market CAGR, propelled by strategic investments in renewable energy and a commitment to sustainable aviation.
  • The Sustainable Aviation Fuel Companies includes major players Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others.