Archives: Market Intelligences

Saudi Airline – Riyadh Air Places Firm Order for 60 Airbus A321neo Family Aircraft

Riyadh, Saudi Arabia, 30 October 2024 – Riyadh Air, the new premium international airline based in Saudi Arabia, has placed a firm order for 60 A321neo Family aircraft. The agreement was signed at the Future Investment Initiative (FII) in Riyadh, marking a significant milestone for Riyadh Air. The signing ceremony was attended by His Excellency Yasir Al-Rumayyan Governor of the Public Investment Fund (PIF) and Chairman of Riyadh Air, Tony Douglas, CEO of Riyadh Air, Christian Scherer, Chief Executive Officer, Commercial Aircraft at Airbus and Benoit de Saint-Exupery, Executive Vice President Sales of the Commercial Aircraft business.

“This investment will not only enable us to support economic growth in the aviation industry, it will ensure Riyadh Air operates one of the most fuel efficient fleets. It’ll be instrumental in helping Saudi Arabia achieve its decarbonisation goals,” said Riyadh Air CEO Tony Douglas. “This deal strongly reinforces the positive economic impact of Saudi Arabia’s newest airline on both a global and local scale to facilitate the fast-growing Saudi aviation ecosystem.”

Christian Scherer, CEO of Commercial Aircraft at Airbus said: “We are proud to welcome Riyadh Air as a new Airbus customer and partner. The latest generation A321neo aircraft will bring exceptional efficiency to the airline’s operations, concrete contributions to its decarbonisation goals and comfort to its passengers. We look forward to working together to support the strong ambitions of Saudi aviation.”

The A321neo is the largest member of Airbus’ best-selling A320neo Family, offering unparalleled range and performance. By incorporating new generation engines and Sharklets, the A321neo brings a 50% noise reduction and more than 20% fuel savings and CO₂ reduction compared to previous generation single-aisle aircraft, while maximising passenger comfort in the widest single-aisle cabin in the sky.

To date more than 6,700 A321neo have been ordered by more than 90 customers across the globe.

Source: Airbus

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US Flight Training Group, Infinity Flight Group, Now Northeast’s Largest Pilot Training Fleet Operator, Expands to Over 50 Aircraft

New Jersey, United States based Infinity Flight Group, one of the largest privately owned flight schools on the east coast of the United States, has shared that it is the largest pilot training fleet operator in the northeastern United States, now boasting over 50 aircraft, including state-of-the-art Cessna and Piper Seminole models. This significant expansion underscores Infinity Flight Group’s commitment to providing premier training experiences for aspiring pilots.

Each aircraft in the fleet is IFR-certified and outfitted with cutting-edge instrumentation and GPS navigation systems, offering students the latest in-flight technology for precise training. Safety remains the top priority, with Infinity Flight Group going beyond standard maintenance protocols to ensure all aircraft meet and exceed industry safety regulations.

Source: Infinity Flight Group
Photo Credit: Infinity Flight Group

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Philippines-based Flight School Airworks Aviation Academy Hosts Successful Cebu Aviation Summit 2024

The Cebu Aviation Summit 2024, organized by Airworks Aviation Company, Inc., witnessed a remarkable turnout, demonstrating the industry’s resilience even in the face of a typhoon. This year’s event served as a vital platform to raise awareness about the aviation industry and its significant role in driving the Philippine economy.

The summit featured an impressive lineup of industry leaders and experts, including:

  • Capt. Reuven Locson of CAE, a global leader in simulator training and manufacturing.
  • Capt. Adem Joseph Paras of Cebu Pacific Air, representing the largest airline in the Philippines.
  • Ricia Vinelli Montejo of Aboitiz GMCAC, operator of the Philippines’ most awarded airport, Mactan Cebu International Airport.
  • Capt. Joy Roa of Asian Air Safari, recognized as the leading general aviation operator in the country and host of the longest-running travel and aviation show in the region.
  • Lt. Glenn Matthew Anterola Pasano of the Philippine Air Force, highlighting the essential role of military aviation.
  • David Alexander de Koenigswarter of Sputnik Aviation, known as the top review center in the Philippines for airline pilot candidates.

“Thank you for your generous sharing of your time, insights and knowledge. You definitely enabled the audience to lift off into a day filled with inspiration and opportunity.” shared Vincent Charles Ong, President of Airworks Aviation Academy.

Source: Vincent Charles Ong (Airworks Aviation)
Photo Credit: Vincent Charles Ong (Airworks Aviation)

 

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Global Pilot Training Solution Provider L3Harris Commercial Aviation Announces 2024 Appointment for Customer Director for Europe

L3Harris Commercial Aviation has appointed Irina van Heeswijk, who will be joining the company as the new Customer Director for Europe, effective November 2024. In her announcement, van Heeswijk expressed her enthusiasm for joining L3Harris, stating, “It’s an honor to become a part of this remarkable company and I’m eager to bring my experience and passion to the team and contribute to the future success, growth, and continued evolution of the business.”

Source: Irina van Heeswijk (L3Harris Commercial Aviation)
Photo Credit: Irina van Heeswijk (L3Harris Commercial Aviation)

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Flight Simulator Manufacturer Flightdeck Solutions Set to Launch Innovative Flight Experience Center at U.S. Air Force Academy

Canadian flight training device manufacturer Flightdeck Solutions Ltd. (FDS) is gearing up for an exciting launch at Hotel Polaris at the U.S. Air Force Academy, where a state-of-the-art flight experience center is set to open soon. The facility will feature advanced flight simulators, including a Boeing 737 MAX and two F-16 simulators, enhancing pilot training and experience.

Currently, the team is diligently working behind the scenes to install these cutting-edge simulators, which promise to deliver an immersive training environment. This innovative project, in partnership with Extreme Flight Simulation, will integrate Mixed Reality technology, revolutionizing the flight simulation experience.

Source: Flightdeck Solutions
Photo Credit: Flightdeck Solutions

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