ARC NEWS
​ITA revokes executive president's powers
October 24, 2022
ITA Airways' board has transferred the powers of executive president Alfredo Altavilla to chief executive Fabio Maria Lazzerini. The state-owned Italian carrier, which is in the process of being privatised, has not disclosed the reasons behind the decision. In a brief statement, ITA says its board "fully confirmed the revocation of all the powers of the executive president Alfredo Altavilla, which was already ordered by a resolution on October 12, and the attribution of those powers to the chief executive officer, Fabio Maria Lazzerini". It adds that "the company's main task is to remain focused on the industrial plan, continuing along the road taken that is providing better results than expected, with the aim of consolidating the relaunch of ITA Airways and protecting the company's workers who have taken the challenge". ITA has been approached for further comment. Italy's new government said last month that it would proceed with the sale of the carrier. The previous Italian administration had in August opened exclusive talks with US-based investment fund Certares, Delta Air Lines and Air France-KLM, joint bidders to acquire a majority stake in ITA. The airline was launched in October 2021 as a successor to Alitalia.


​AFI KLM and Ampaire sign electric flight agreement
October 21, 2022
Air France Industries KLM Engineering & Maintenance will partner with hybrid-electric propulsion firm Ampaire to bring worldwide resources to the introduction and global support of electrified aircraft. The memorandum of understanding announced on 19 October covers a range of mutual interests including aircraft development, maintenance training, support and data analytics. The companies intend to accelerate the introduction of sustainable aviation by utilising their respective core competencies. The two companies will focus on developing training for a worldwide network of ground engineers, installing supplemental type certificate upgrades and potential component pooling and operational data analysis to ensure optimal support. This groundwork can be extended to collaborate on support of a 19-passenger aircraft. The California-based start-up plans to market hybrid-electric upgrades for existing aircraft including the Grand Caravan and the De Havilland Canada DHC-6 Twin Otter aircraft. The nine-passenger Eco Caravan has undergone ground power tests and Ampaire plans to fly it during the second half of 2022. It is the first hybrid-electric aircraft to enter the certification process with the US Federal Aviation Administration. The start-up aims to complete a supplemental type certification for the upgraded aircraft in 2024. Ampaire chief executive Kevin Noertker advised during a previous interview in September that the start-up intends to expand its product line to larger hybrid-electric aircraft and eventually to fully electric aircraft.


Aeromexico sees big jump in Q3 operating profit
October 21, 2022
The parent company of Aeromexico made an operating profit of Ps2.02 billion ($100 million) during the third quarter, an improvement of Ps1.7 billion compared to the same period in 2021. Revenue grew 62% year on year to Ps21.4 billion, while revenue per available seat-kilometres (ASK) was up by 23%, Grupo Aeromexico states. Capacity was increased by 31% year over year, primarily driven by the sequential recovery in domestic and international markets. Cost per ASK, excluding fuel, was $0.045, a decrease of 13% compared to the same period of 2021. As of 30 September, the group's cash position stood at Ps15.4 billion. Excluding restricted cash, cash balance amounted to Ps14.7 billion. Aeromexico ended the quarter with an operating fleet of 141 aircraft, 19 more compared to the third quarter of 2021.


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