Accessibility StatementSkip Navigation flydubai and GE Aerospace signed an agreement for 60 GEnx-1B engines to power the airline's new fleet of Boeing 787-9s. This agreement underpins flydubai's growth strategy and the continued expansion of its network, enabling the airline to increase capacity on existing routes, and meet demand from a growing passenger base. Established in 2008, flydubai has grown significantly, and currently serves more than 135 destinations across 57 countries; the airline is now addin ...

Financial Performance - Calumet's Q3'25 Adjusted EBITDA with Tax Attributes reached $92.5 million[6] - $44 million of restricted debt reduction occurred in Q3'25[6,8] - Year-to-date operating costs decreased by $61 million year-over-year[6,8] Segment Performance - Specialty Products and Solutions (SPS) achieved Adjusted EBITDA with Tax Attributes of $80.2 million in Q3'25, compared to $50.7 million in Q3'24[6] - Performance Brands (PB) reported Adjusted EBITDA with Tax Attributes of $13.2 million in Q3'25[6] - Montana/Renewables (MRL at 87%) posted Adjusted EBITDA with Tax Attributes of $17.1 million in Q3'25, versus $14.6 million in Q3'24[6] - Montana Renewables operating costs hit a new low in Q3'25 at $0.40 per gallon[6,8] Montana Renewables & SAF - MaxSAF 150 project is on track for Q2'26[6,8,9] - Approximately 100 million gallons of SAF contracts and term sheet commitments have been secured to date[6,8,15]

Core Insights - Bombardier's Global 8000 has received Transport Canada Type Certification, enabling its entry into service in 2025, with FAA and EASA certifications to follow [2][6][12] Performance and Features - The Global 8000 achieved a top speed of Mach 0.95 and a range of 8,000 nautical miles, making it the fastest civilian aircraft since the Concorde [6][7] - It features the lowest cabin altitude in business aviation at 2,691 feet at 41,000 feet, significantly reducing physiological stress for passengers [3][6][8] - The aircraft includes advanced systems such as the Pũr Air system for air quality and the Soleil circadian lighting system to combat jet lag [4][8] Design and Comfort - The Global 8000 offers four true living spaces and a separate crew rest area, setting a high standard for luxury and comfort in business jets [8] - Its advanced wing design allows for takeoff and landing performance comparable to light jets, enabling access to 30% more airports than its closest competitor [7] Industry Impact - This certification and the aircraft's capabilities position Bombardier as a leader in the business aviation sector, setting new industry benchmarks [4][6]

Core Insights - Fluor has been selected for the front-end engineering and design of a sustainable aviation fuel hub in England, indicating a strategic move towards renewable energy solutions in the aviation sector [1] Company Summary - Fluor's involvement in the sustainable aviation fuel hub project highlights its commitment to advancing sustainable energy technologies and positions the company as a key player in the growing market for renewable fuels [1] Industry Summary - The selection of Fluor for this project reflects the increasing demand for sustainable aviation fuel, which is becoming a critical component in the aviation industry's efforts to reduce carbon emissions and enhance environmental sustainability [1]

Core Insights - Bombardier is set to release its financial results for the third quarter of 2025 on November 6, 2025 [1] - The presentation will be led by Éric Martel, President and CEO, and Bart Demosky, Executive Vice President and CFO, starting at 8:00 a.m. ET [2] - A live webcast will be available for the presentation, along with financial charts [2] Company Overview - Bombardier designs, builds, modifies, and maintains high-performance aircraft for various sectors including businesses, governments, and militaries [4] - The company aims to innovate in aviation to enhance reliability, efficiency, and sustainability [5] - Bombardier operates a fleet of approximately 5,100 aircraft, supported by a global network and 10 service facilities across six countries [6]

Sustainable Aviation Fuel (SAF) Funding - Singapore will implement a fixed levy on departing flights [1] - The levy aims to fund sustainable aviation fuel (SAF) initiatives [1] - The goal is to reduce emissions from the aviation sector [1]

Sustainability Initiatives - Kenya Airways aims to demonstrate the feasibility of producing sustainable aviation fuel in Africa [1] - This initiative could unlock new financing avenues for the airline to reduce its emissions [1]

Core Insights - Honda Aircraft Company has successfully conducted a test flight of the HondaJet using a 100% blend of sustainable aviation fuels (SAF), marking it as the first twin-turbine very light business jet to achieve this milestone [1][2]. Company Developments - The test flight utilized a production-model HondaJet fueled with Hydroprocessed Esters and Fatty Acids Synthetic Paraffinic Kerosene (HEFA-SPK) and Hydrodeoxygenated Synthetic Aromatic Kerosene (HDO-SAK) [2]. - The engineering team at Honda Aircraft, in collaboration with GE Honda Aero, has been instrumental in this achievement, showcasing the feasibility of using 100% SAF blends [2][3]. - Honda Aircraft Company has been recognized for its commitment to sustainable aviation, having received Sustainable Flight Department Accreditation from the National Business Aviation Association (NBAA) in October 2024 [4]. Environmental Commitment - The successful test flight aligns with Honda's global goal of decarbonizing business activities by 2050, as stated by the Senior Vice President and Chief Commercial Officer of Honda Aircraft Company [4]. - The HondaJet design emphasizes fuel efficiency, achieving up to a 20% improvement in fuel economy compared to similar aircraft, which supports the company's sustainability initiatives [4]. Product Information - Honda Aircraft Company, a subsidiary of American Honda Motor Co., Inc., is responsible for the development and manufacturing of the HondaJet Elite II and is planning to introduce the HondaJet Echelon, an 11-occupant aircraft [5]. - Cumulative deliveries of the HondaJet surpassed 250 units globally by 2024, indicating strong market presence and demand [5].

Core Insights - OXCCU, an Oxford University spin-out, has raised £20.75 million (approximately $28 million) in a Series B funding round to enhance the commercialization of its technology for converting waste carbon into sustainable aviation fuel (SAF) [1][5] - The funding round was oversubscribed, indicating strong investor interest and confidence in the company's technology and market potential [1] Funding Utilization - The new capital will be allocated to expand operations and advance the next phase of technology scale-up, including the development of a second demonstration plant, OX2, expected to be operational by 2026 [2] - This follows the launch of the OX1 demonstration plant at London Oxford Airport earlier in 2024 [2] Investor Participation - New investors in the funding round include Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, and TCVC, alongside existing investors such as Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, and Eni Next [3] Technological Innovation - OXCCU's process utilizes an iron-based catalyst that allows for the direct synthesis of jet-fuel-range hydrocarbons from gaseous waste carbon in a single reaction, simplifying the production pathway and potentially reducing capital and operating costs [4][5] - The catalyst is designed to work with various feedstock compositions, including reformed biogas, gasified wood waste, and pure carbon dioxide with hydrogen, which may help drive down input costs [7] Market Context - The investment underscores the growing recognition of high production costs as a significant barrier to the widespread adoption of SAF, despite global mandates like ReFuelEU and the UK SAF mandate [5] - SAF is viewed as a critical component for decarbonizing the aviation sector [5] Strategic Alignment - For investors like IAG, the investment aligns with their environmental targets, aiming to source 10% of fuel needs with SAF by 2030 [6] - ORLEN's investment supports its strategic goal to become one of Europe's leading SAF producers by 2035 [6] Broader Implications - OXCCU's rapid progress is seen as reshaping the sustainable aviation fuel market, making it more affordable for the aviation industry to decarbonize [8] - The technology also has potential applications beyond aviation, including in chemicals and plastics [8]

Investment & Funding - Breakthrough Energy Ventures and approximately 10 carriers are allocating $150 million to aid nascent sustainable aviation fuel startups [1] Sustainable Aviation - The investment aims to bolster early-stage companies focused on sustainable aviation fuel [1]