Ecojet? The smell of kerosene no longer?
Joined: Jul 2003
Posts: 1,039
Likes: 63
From: On the road
I think this is a double count and just a rehash of the original announcement made late last year to be a max of 62 in total if the options are exercised.
Joined: Feb 2024
Aviation Qualifications: SLF
Posts: 523
Likes: 258
From: Aylesbury
Was the original announcement not a lease from MONTE - whereas this is a purchase? If I'm not mistaken that also included the ZA600 model, unless they are the remaining 8 out of the 70.
Paxing All Over The World
Joined: May 2001
Posts: 10,841
Likes: 328
From: Hertfordshire, UK.
Air New Zealand is first major airline to scrap 2030 emissions target
Firm says it is now re-adjusting to a realistic end date and blames difficulties in procuring new planes and sustainable jet fuel
The Guardian
Firm says it is now re-adjusting to a realistic end date and blames difficulties in procuring new planes and sustainable jet fuel
The Guardian
The company has blamed difficulties in procuring new planes and sustainable jet fuel.
The airline’s CEO, Greg Foran said: “In recent months, and more so in the last few weeks, it has also become apparent that potential delays to our fleet renewal plan pose an additional risk to the target’s achievability.
“It is possible the airline may need to retain its existing fleet for longer than planned due to global manufacturing and supply chain issues that could potentially slow the introduction of newer, more fuel-efficient aircraft into the fleet.”
The industry as a whole has a goal to achieve net zero emissions by 2050. But in 2022, Air New Zealand set itself the target of cutting its emissions by almost 29% by 2030. The company said it is now re-adjusting this figure to be more realistic, taking into account the lack of sustainable fuel options and new planes.
The airline’s CEO, Greg Foran said: “In recent months, and more so in the last few weeks, it has also become apparent that potential delays to our fleet renewal plan pose an additional risk to the target’s achievability.
“It is possible the airline may need to retain its existing fleet for longer than planned due to global manufacturing and supply chain issues that could potentially slow the introduction of newer, more fuel-efficient aircraft into the fleet.”
The industry as a whole has a goal to achieve net zero emissions by 2050. But in 2022, Air New Zealand set itself the target of cutting its emissions by almost 29% by 2030. The company said it is now re-adjusting this figure to be more realistic, taking into account the lack of sustainable fuel options and new planes.
Joined: Jan 2017
Posts: 90
Likes: 16
From: United Kingdom
Recruitment continues at Ecojet despite little movement. A reasonable proportion of Ops staff are now in place and are ex Flybe. All having left jobs and now drawing reasonable salaries from them EcoJet.
Joined: Jul 2006
Posts: 2,794
Likes: 42
From: UK
Joined: Oct 2017
Aviation Qualifications: Spotter
Posts: 50
Likes: 7
From: Darkest Brum
This assumes that the funding is in place to secure the AOC in the first place. No AOC application so far suggests that only seed funding is in place currently.
Joined: Jan 2000
Posts: 1,832
Likes: 312
From: UK
An AOC and an Operating Licence will be issued by the CAA together - you can't have an AOC without funding and insurance (which are the key criteria of the Operating Licence), and you can't have an Operating Licence without an AOC. You also have to have an aircraft to have an AOC, and generally can't get an aircraft without some funding!
If this lot have so many people on payroll, they must be getting to a similar place as Flybe 2 where the pre-start period saw them eat through £500k a month. That is a huge amount of cash to be burning through, even at seed capital level. None of that counts towards your eventual financial fitness assessment – if the CAA decide your business plan needs £20m in funding, you need £20m at licence issue. The fact you might have spent £3-4m to get to that point doesn’t help you to clear that final hurdle.
I’m told that they have still been hunting around the market for funds and for people to help with fund raising, to no avail on either front.
There is still no sign of an Operating Licence application either – the CAA Official Record Series 2 is published every week and an application would be a matter of public record.
It’s a very strange way to set about starting an airline.
If this lot have so many people on payroll, they must be getting to a similar place as Flybe 2 where the pre-start period saw them eat through £500k a month. That is a huge amount of cash to be burning through, even at seed capital level. None of that counts towards your eventual financial fitness assessment – if the CAA decide your business plan needs £20m in funding, you need £20m at licence issue. The fact you might have spent £3-4m to get to that point doesn’t help you to clear that final hurdle.
I’m told that they have still been hunting around the market for funds and for people to help with fund raising, to no avail on either front.
There is still no sign of an Operating Licence application either – the CAA Official Record Series 2 is published every week and an application would be a matter of public record.
It’s a very strange way to set about starting an airline.
Joined: Feb 2024
Aviation Qualifications: SLF
Posts: 523
Likes: 258
From: Aylesbury
No sign of an AOC application, so we can assume that there is still no funding either - or at least not the sum required by the CAA. Almost 8 months have passed since they began crew recruitment, so those on the payroll must be starting to get cold feet.
Joined: Jul 2003
Posts: 2,743
Likes: 38
From: Under the flight path
https://www.punchline-gloucester.com...d-56722e65f6ff
This article makes one think that take-off is imminent. I suspect it isn't.
This article makes one think that take-off is imminent. I suspect it isn't.
Joined: Aug 2018
Posts: 52
Likes: 5
From: Essex
Very much doubt it. No AOC still and no aircraft. Listening to David Vince, he reckons they will be flying hydrogen in 18 months, lol. Given no AOC or indeed hydrogen approvals from any authority, it stinks of a distinct lack of credibility. Are crews still employed and being paid?
Joined: Jan 2000
Posts: 1,832
Likes: 312
From: UK
There must come a point when the level of cash these people are burning on salaries for aircrew to fly and Ops departments to manage aircraft that they don't have - and there's no sign of coming either - becomes a major issue in their shareholder's eyes. As I said before, it's a very strange way to start an airline. Still no Operating Licence application in with the CAA either, which is unbelievable considering they've been going at this for over a year (publicly) now.
Rumblings of some management people who were part of the starting line-up also jumping ship already, which can't be helpful.
Rumblings of some management people who were part of the starting line-up also jumping ship already, which can't be helpful.
Joined: Aug 2018
Posts: 52
Likes: 5
From: Essex
Yes I had been told about some management leaving already. When you see management leaving in the early days, it is a strong intimation that things are far from good. I feel bad for those that have left jobs to join this ‘venture’.
Joined: Feb 2024
Aviation Qualifications: SLF
Posts: 523
Likes: 258
From: Aylesbury
Ecojet has joined the SASHA (Skies and Seas Hydrogen-fuels Accelerator) Coalition.
We're so excited to announce our newest SASHA Coalition member, Ecojet!
Based in Edinburgh, Ecojet is aiming to be the industry’s first fully electric commercial carrier. The airline is set to launch services in late 2024 with conventionally powered aircraft, operating routes to and from Edinburgh and retrofitting them once the technology is certified.
Co-founder Dale Vince, OBE, commented: "With aviation accounting for at least 2% of global CO2 emissions, and the true climate impact almost double that when accounting for all factors, it’s vital that we have a way to prevent the impact of flying from increasing.
Zero emission flying can help us achieve this, and we welcome the work that the SASHA Coalition is doing in bringing together shipping and aviation supply chains to call for policies and regulations that will make the adoption of green hydrogen fuels for these sectors a reality."
Based in Edinburgh, Ecojet is aiming to be the industry’s first fully electric commercial carrier. The airline is set to launch services in late 2024 with conventionally powered aircraft, operating routes to and from Edinburgh and retrofitting them once the technology is certified.
Co-founder Dale Vince, OBE, commented: "With aviation accounting for at least 2% of global CO2 emissions, and the true climate impact almost double that when accounting for all factors, it’s vital that we have a way to prevent the impact of flying from increasing.
Zero emission flying can help us achieve this, and we welcome the work that the SASHA Coalition is doing in bringing together shipping and aviation supply chains to call for policies and regulations that will make the adoption of green hydrogen fuels for these sectors a reality."