ARC NEWS
Copa finances its first Max 8
July 16, 2024
Copa Airlines has financed its first Boeing 737 Max 8. Luis Ricardo Hou, Copa's treasury aircraft financing and risk management co-ordinator, says in a LinkedIn post that the Panamanian carrier received its first Max 8 (registration HP-9801) from Seattle on 8 July. In a separate LinkedIn post, Panama-based law firm Arias Fabrega & Fabrega says it successfully represented Yamasa Sangyo Aircraft CMP1 as the lessor and BNP Paribas as security agent in the narrowbody's delivery. Yamasa Sangyo is a Japanese company involved in mobilising local equity for aircraft financing transactions. Fleets data shows that Copa has six Max 8s and 15 Max 10s on order. Thirty-two Max 9s and one Max 8 are in service with the airline.


​DB Schenker joins Cathay's effort to reduce aviation emissions
July 15, 2024
DB Schenker has joined Cathay Pacific's corporate sustainable aviation fuel (SAF) programme by agreeing to purchase 878t of SAF for use on Cathay Pacific and Cathay Cargo flights. The carrier says the commitment is expected to reduce CO2 emissions by more than 2,600t. The SAF used in this arrangement is derived from waste cooking oil and animal fats, which can reduce greenhouse gas emissions by over 80% compared to conventional jet fuel. Cathay's director of cargo Tom Owen states: "We are delighted to welcome DB Schenker as the newest member of the Cathay Corporate SAF Programme – and the biggest contributor to date. It is great to have this level of support from such an important player in the air cargo industry to work with us in decarbonising aviation." The airline has been working with various fuel supplier partners to uplift SAF at its Hong Kong hub and other network ports.


​Royal Brunei to suspend Beijing flights
July 15, 2024
Royal Brunei Airlines will temporarily suspend its services to Beijing Daxing International airport, effective 27 October. "RB will continue to monitor market conditions and aims to resume its services to Beijing in the future, once the current market conditions improve," says chief executive Sabirin Abdul Hamid. Royal Brunei currently operates the service twice a week. The carrier also operates flights once a week to Hangzhou and twice-weekly flights to Nanning as of July


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