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May 4, 2022

Avolon Loses $304M on Russian Leased Aircraft

Avolon has reported a $304 million loss on aircraft leased to Russian customers who are now subject to international sanctions. The recognition reduces the carrying value of 10 jets to zero. Avolon has retrieved four of the 14 aircraft placed with Russian customers, three of which were outside Russia for maintenance before sanctions were imposed and one returned by the lessee. Avalon’s $304 million impairment is offset by $43 million in other lease-related balances for a net impact of $261 million.

Airways Magazine | Related Air Lease to write off jets worth $802m trapped in Russia – Airport Technology

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Virgin Australia to Add Four Boeing 737 Max 8 to its Fleet

Virgin Australia has revealed the first phase of its fleet growth program, which will see four new Boeing 737 MAX 8 aircraft introduced to its network, replacing its F100 aircraft, which will be retired from service. The four new MAX 8 aircraft are scheduled to begin operations from February 2023 and will reduce emissions by 15% per journey compared to the current 737 NG aircraft. The addition of the four aircraft brings Virgin Australia’s Boeing 737 fleet to 88.

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Southwest to Temporarily Provide Free Wi-Fi to Test New Service

Starting today until June 1, Southwest will temporarily offer free WiFi for passengers on flights in the western United States as part of tests for its upgraded Wi-Fi hardware on board 40 of the airline’s Boeing 737s. “This trial will allow Customers to stream, browse, and engage on the internet at no cost, just like other complementary services,” said Tony Roach, VP of Customer Experience and Customer Relations. “Our goal is to evaluate how the new hardware improves performance while delivering a reliable internet experience used by a large volume of customers."

International Business Times | Related Delta Air Lines Tests Starlink Internet Connectivity – Simple Flying

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Alessandro DiGiovanna Promoted to VP at Terry Steiner International

Terry Steiner International has announced the promotion of Alessandro DiGiovanna to Vice President. In his new role, Alessandro will be responsible for partnerships, promotions, new business, and sales and marketing. "Alex has been an integral part of the TSI team over the past 11 years, focusing on documentaries, TV and other non-feature programming," said Terry Steiner, President. "His dedication and knowledge have played a critical role throughout his tenure. It is a pleasure to announce this well-deserved promotion."

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Thai and Doi Tung to Offer Black Silk Blend Coffee In-Flight

Thai and Doi Tung have partnered to offer passengers traveling in the Royal First and Royal Silk classes to Europe, Australia, Japan and Korea, a taste of Doi Tung’s black silk-blend premium drip coffee. The partnership aims to help generate local employment, a circular economy, and sustainable community development. The coffee beans are harvested by local farmers on hills at 1,200 meters above sea level and roasted through a sustainable process by Doi Tung.

Pax International | Related Condor serves Starbucks on short/medium-haul flights – Runway Girl Network

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YVR and Teck Partner on Antimicrobial Copper Surfaces

Vancouver International Airport (YVR) and Teck Resources have announced a partnership through YVR’s Innovation Hub and Teck’s Copper & Health program to install antimicrobial copper on high-touch surfaces to help protect the health and safety of travelers, visitors and staff. The installation sees YVR become the first airport in Canada to incorporate antimicrobial copper, which is proven to kill bacteria and reduce the spread of infection. Through the partnership, nearly 1,000 antimicrobial copper applications have already been installed on baggage carts, water fountains and washrooms throughout the terminal, with plans to expand the installation of antimicrobial copper at YVR.

Globe Newswire | Related YVR eyes made-in-B.C. supply of sustainable jet fuel to tackle airline emissions – Richmond News

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Ardmore Airport Redesigns Expansion to Save Native Tree Grove

Auckland’s Ardmore Airport has redesigned its planned expansion around a grove of native trees rather than cutting them down. The grove of some 60 kahikatea trees was due to be removed in November 2021 but was halted due to protests by activist group Mana Rākau. Airport CEO Dave Marcellus agreed to halt felling and reassess the plans in response. The airport now plans to build an industrial business park incorporating the grove into the space, including constructing paths around the trees for future locals to enjoy. The airport had also engaged an arborist to ensure the trees survive the construction.

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> PHOTO OF THE DAY

A Batik Air Airbus A320-214. Captured by @aviation_aim__

Use #APEXPOTD for the chance to be featured in the APEX Daily Experience newsletter!

> Tweet of the Day

@AlaskaAir retires the famed Teague-designed lei livery after 15 years of service! The new Alaska X Disneyland® Resort Star Wars Galaxy's Edge livery is up next for Teague—rolling out today. #MayThe4thBeWithYou

Teague @TEAGUE1926

Association News

Register Now for APEX TECH on May 18

APEX TECH is less than one month away! The event, sponsored by Panasonic, Above.Aero, AERQ, and West Entertainment, will take place on May 18 in Irvine, California. If you still haven't registered for this FREE event for APEX members, be sure to secure your spot now. Visit the full TECH schedule page for more details and Click here to register for TECH.

> Quote of the Day

"With growth comes a larger carbon footprint, so it’s vital that we take the right steps now to ensure that as we do more flying, we are also working to reduce our emissions."

Jayne Hrdlicka, Virgin Australia
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Until tomorrow

ABOUT APEX

The Airline Passenger Experience Association (APEX) encompasses a network of airlines, businesses and professionals that are committed to providing a world-class airline experience for passengers around the globe. Every day, APEX members are improving every aspect of the airline experience, from designing, building and installing seating, entertainment and communications systems on commercial aircraft, to airport lounges and in-flight dining. Visit apex.aero for more information. APEX is professionally managed by Kellen Company, the premier global association management firm with offices and representation in the United States, Europe, China, the Middle East, India and Southeast Asia.

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