ARC NEWS
APAC airlines further suspend flights to Tel Aviv
October 12, 2023
Airlines in the Asia Pacific are continuing to suspend flights to Tel Aviv in Israel as an armed conflict rages on. In an announcement on 11 October, Cathay Pacific says it has cancelled flights to Tel Aviv until 29 October. Meanwhile, Korean Air has cancelled flights to Tel Aviv for the rest of the week, according to its flight status checker. The carrier had advised passengers to check their flight status for updates earlier this week, as "flight delays and possible cancellations are expected". In a reversal, Hainan Airlines says it will now suspend flights to Tel Aviv from Beijing and Shanghai from 12-31 October but will continue twice weekly flights to the Israeli city from Shenzhen.


​Boeing opens engineering centre in Brazil
October 12, 2023
Boeing has inaugurated an engineering and technology centre in Sao Jose dos Campos as part of wider investment in Brazil. Around 500 engineers are employed at the centre, one of 15 Boeing has internationally, the US airframer says, noting that its operations in Sao Jose dos Campos, Embraer's home city, began in 2014. Prior the pandemic, Boeing and Embraer had agreed a merger proposal under which the Brazilian airframer's commercial aircraft and aftermarket activities would be established as a joint venture 80% owned by its US counterpart and named "Boeing Brasil". However, Boeing abandoned the plan amid the Covid outbreak in 2020. Beyond the new engineering centre, the US airframer has signed a memorandum of understanding with the state of Sao Paulo to support education focused on science, technology, engineering and mathematics, and to further strengthen talent development throughout the Brazilian aerospace ecosystem. Under the accord, Boeing and the state intend to establish a joint agenda of industrialisation and innovation. "Sao Paulo has all the conditions to strengthen aerospace technological development, an important sector that drives the economy of the state," asserts the regional government's secretary of economic development Jorge Lima. "With this MoU, we aim to generate more jobs and income for our state, which is one of the main purposes of the partnership with the private sector." Boeing will also establish an internship programme in Brazil for students in their final year of engineering studies. Under an existing partnership with the State University of Campinas, meanwhile, Boeing will provide additional funding for development of a web-based database called SAFMaps, focused on the feasibility of sustainable aviation fuel production in Brazil. The project, led by the university, includes 13 Brazilian states with the greatest potential for biomass production, Boeing says. Its president for Latin America and the Caribbean and vice-president of global policy, Landon Loomis, describes Brazil as a "strategic partner in solving some of the biggest challenges in the global aerospace industry. "By expanding our collaboration in Brazil," he states, "the country also can play a larger role in meeting global demand for commercial airplanes valued at $8 trillion over the next 20 years." Citing the 90-plus-year history of Boeing's links with South America's largest nation, the airframer's vice-president of engineering, strategy and operations Lynne Hopper, states: "We have collaborated with the Brazilian aerospace industry and community to tap into the incredible technical abilities and problem-solving skills of Brazilian engineers."


Emirates to buy two A380s from Doric Nimrod Air Two
October 11, 2023
Doric Nimrod Air Two has agreed to sell two Airbus A380s placed with Emirates to the Dubai-based carrier. Emirates will buy the two widebodies (MSNs 077 and 090) for £28.9 million ($35.3 million) at the end of their respective leases, scheduled for 14 October and 2 December, the asset manager says in a regulatory filing. Until the relevant lease-end date, the operating leases in respect of the assets will continue as contracted between the parties, Doric Nimrod Air Two states. The fund manager purchased the two jets in October and December 2011. The directors of the fund intend to make a capital distribution to shareholders "as soon as practicably possible" following the later of the two lease-end dates, and is expecting to do so early in the first quarter of 2024.


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