Category: News (Page 10 of 138)

Alaska Airlines takes delivery of first longer range Boeing 737-8

January 4, 2024 / WIL BALDWIN

Seattle, Washington, January 4, 2024 – Alaska Air Group Inc (NYSE: ALK) continues to grow as we welcome delivery of the first Boeing (NYSE: BA) 737-8 to our aircraft lineup – the next component of our strategic, long-term fleet plan that builds on our strengths and provides a road map for ongoing future success.

We proudly fly the youngest fleet of all U.S. airlines, and from 2024 through 2027, we are on track to add 15-25 new Boeing aircraft each year. We currently have firm orders for 80 more 737 MAX aircraft, and options and purchase rights for another 105. Our first 737-10 is scheduled for delivery in 2025.

In March 2022, Alaska adjusted our existing 737-9 aircraft order with Boeing to include the bigger 737-10 and longer-range 737-8. The additional 737 models will enhance profitability and guest satisfaction by offering us more ways to deploy the optimal aircraft size and capability in each market we fly.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

JetBlue started new low fare service to Tallahassee, Florida Today

January 4, 2024 / WIL BALDWIN

New York, NY, Thursday, January 4, 2023, Business Wire – JetBlue Airways Corp (NASDAQ: JBLU) announced today that it has officially launched service between Fort Lauderdale-Hollywood International Airport (FLL) and Tallahassee International Airport (TLH), with the first flight arriving in Tallahassee this morning. JetBlue’s new intrastate service will operate daily, introducing the airline’s award-winning service, low fares and a better travel option for customers on a route with limited competition.

In Florida, JetBlue currently offers service in its focus cities of Fort Lauderdale and Orlando, as well as in Miami, West Palm Beach, Key West, Jacksonville, Fort Myers, Sarasota/Bradenton and Tampa. Within the state, JetBlue currently offers flights from Fort Lauderdale to Jacksonville. With Tallahassee service starting today, JetBlue will now serve over 40 destinations from Fort Lauderdale.

Convenient travel to Tallahassee is essential, given its critical role as the Florida state capital and as home to major universities; however, its distance from South Florida puts it just too far to easily drive. JetBlue’s daily service offers those travelling back and forth for business or education an affordable and comfortable option, while also creating opportunities for both leisure and business customers traveling from Tallahassee to connect in Fort Lauderdale to other JetBlue destinations.

Forward-Looking Statements

Ocean Network Express launches Indian Ocean Mediterranean service

January 4, 2024 / WIL BALDWIN

Ocean Network Express (ONE) is pleased to announce the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region and will provide customers with an enhanced service coverage for this region.

The new IOM service will be expected to provide a reliable and quality assured transport service as well as schedule integrity.

The commencement of the new service from Nhava Sheva to the Mediterranean will be revised to Hyundai Busan/V0150W (ETA Nhava 28th January 2024) / Hyundai Busan/V0150E (ETA Valencia 28th February 2024).

As the service will be routed via Cape of Good Hope, please kindly note following updated service rotations:

Hyundai Busan/V0150W (ETA Nhava 28th January 2024) /
Hyundai Busan/V0150E (ETA Valencia 28th February 2024):
Nhava Sheva – Mundra – Karachi – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras- Karachi – Mundra – Nhava Sheva

effective from
Hyundai Jakarta/V0129W (ETA Nhava 11th February 2024) /
Hyundai Jakarta/V0129E (ETA Valencia 13th March 2024)
Nhava Sheva – Mundra – Karachi – Algeciras – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras – Karachi – Mundra – Nhava Sheva

_{^{NOTE: Transit times and port rotation are as of now and subject to change}}

Emirates ramps up Seoul service to 10 flights a week

January 4, 2024 / WIL BALDWIN

Dubai, UAE, January 4, 2024 – Emirates, the world’s largest international airline, reinforces its commitment to South Korea by ramping up its operations in Seoul with three additional weekly flights starting 19 February 2024.

The new flights will operate as EK324/ EK325 on Monday, Wednesday and Friday. Operated by a Boeing 777-300ER aircraft, Emirates’ flight EK324 will depart Dubai at 4:45 am, landing in Seoul Incheon International Airport at 6:05 pm. The return flight EK325 will depart Seoul at 10 pm, arriving in Dubai at 3:15 am the following day.

Emirates’ additional services will increase the capacity on flights between Dubai and Seoul by more than 1,000 additional seats per week, helping to alleviate the suppressed demand for international travel to one of the most popular East Asian destinations and supporting South Korea’s inbound and outbound tourism. The airline’s ramped-up operations will further serve the need for adding more flights between UAE and Korea, in line with the strong bilateral relations between the two nations.

Through the three weekly Boeing 777 flights, Emirates will provide 45 tonnes of additional cargo capacity between Dubai and Seoul, boosting the trade and economic ties between South Korea and the UAE as well as through Dubai and beyond to more global destinations in Emirates’ network, further contributing to Korea’s economy and facilitating convenient air connectivity for the Republic’s imports and exports.

Emirates launched services to Seoul in 2005 and currently operates a daily Airbus A380 service from Dubai. With the additional services, the airline will serve Seoul with 10 weekly flights operated by a mix of its signature Airbus A380 and Boeing 777-300ER aircraft, guaranteeing more flexibility and choice for its customers to and from Dubai, as well as beyond to its global network of over 130 destinations.

Microgrid solutions to support UK supply chain

January 4, 2024 / WIL BALDWIN

The UK supply chain is looking to become greener, investing in sustainable energy solutions to power everything from cargo transport to warehousing. At the same time, recent challenges from Brexit to the COVID-19 pandemic and the temporary obstruction of the Suez Canal have all impacted the import and export of essential products and highlighted inadequacies in national reserves.

All of this has caused a visible change in the UK landscape, with a ballooning demand for storage solutions that are both reliable and sustainable.

Developing a future proof solution

At Symmetry Park Biggleswade, industrial and logistics developer Tritax Symmetry has been working to develop such a solution with BasePower Ltd, a growing energy services developer focused on delivering sustainable, low-cost and high-efficiency solutions that enable the UK’s energy transition.

While strategically located to support customers’ needs, logistics parks are often located in areas where grid capacity is constrained and, in some cases, completely unavailable for new developments.

To future-proof the site and provide renewable, resilient power BasePower selected a Rolls-Royce Holdings PLC (London: RR) mtu microgrid solution that includes three mtu CHP units, two mtu EnergyPack battery containers, two mtu emergency gensets and the complete microgrid control system.

Not only does it promise to deliver…

Clickthe link below to read the full story!

Microgrid solutions to support UK supply chain

Forward-Looking Statements

Agreement for Ritz-Carlton and Marriott Hotels brands at China National Convention Center

January 3, 2024 / WIL BALDWIN

Marriott International Signs Agreement to Bring the Ritz-Carlton and Marriott Hotels Brands to China National Convention Center in Beijing

Marriott International, Inc. (NASDAQ: MAR), recently announced that it has signed an agreement with Beijing North Star Company Limited to open the third The Ritz-Carlton and the first Marriott Marquis Hotel in Beijing. Expected to open in 2026, The Ritz-Carlton Beijing, North will provide its legendary service and elegant design to travelers in and abroad, while Beijing Marriott Marquis Hotel will deliver a perfect blend of heartfelt service and modern style at China National Convention Center Phase II, a large complex with hotels, retails, offices, leisure facilities, and spacious venues for high-level conferences, exhibitions, and events.

China National Convention Center Phase II is a large complex with a total of approximately 780,000 square meters that includes hotels, retails, offices, leisure facilities, as well as extensive spaces for high-level conferences, exhibitions, and events. As a key component of China National Convention Center Phase II, the hotels are approximately 20 kilometers away from Beijing Capital International Airport. Leisure and cultural attractions such as the National Stadium (Bird’s Nest), the National Aquatics Center (Water Cube), and China Intangible Cultural Heritage Museum are within walking distance.

Designed by the internationally acclaimed interior design firm Yabu Pushlberg Inc., The Ritz-Carlton Beijing, North is expected to feature 282 elegantly appointed guestrooms and suites. Guests will be able to enjoy refined dining experiences across its six distinct venues. Reactional facilities are expected to include an indoor swimming pool, fitness center, as well as The Ritz-Carlton Spa. Additionally, the hotel will offer well-equipped conference and event facilities totaling 968 square meters.

Beijing Marriott Marquis Hotel is anticipated to offer 671 guestrooms and suites, together with a range of culinary venues including an all-day dining restaurant, specialty restaurant and a relaxed lobby bar and lobby lounge (The Greatroom). Planned facilities also include a swimming pool and fitness center, as well as 3,207-square –meters of conference and event spaces including a Grand Ballroom, two Junior Ballrooms, three meeting rooms, and an executive club lounge – M Club. Guests can expect Marriott Hotels’ signature heartfelt service, with modern design, comfortable spaces and enriching experiences that blends leisure and business.

Forward-Looking Statements

Boom selects Honeywell Anthem Integrated Flight Deck for Overture

January 3, 2024 / WIL BALDWIN

Today Boom announced it has signed a supplier agreement with tier-one aerospace leader Honeywell International Inc (NASDAQ: HON), joining a growing network of global suppliers for Overture. As part of the agreement between the two companies, Honeywell’s next-generation flight deck and its modular avionics platform will be incorporated into Overture.

As a pioneer in integrated modular avionics, Honeywell has successfully matured multiple generations of flight deck technology. Honeywell’s unmatched expertise in the development and certification of large and complex avionics systems provides a foundation for the development and certification of a new generation of integrated avionics onboard Overture.

The Honeywell Anthem flight deck will be tailored for Overture’s specific mission requirements, helping to enable exceptional situational awareness and enhanced safety. The advanced avionics interface provides continuity to Boom pilots from initial flight training in a simulator, through to physical test flights. Anthem empowers pilots with advanced and intuitive features and capabilities that dramatically improve aircraft operability, including:

Enabling display and control customization, allowing pilots to modify their flight path, review the changes, and initiate the new path with ease.
Prioritizing improved situational awareness, streamlining the pilot’s primary tasks of aviating, navigating, and communicating. The platform leverages proven technologies, like conformal Synthetic Vision, to further integrate the pilot with the flight deck avionics. From visualizing energy management to increasing terrain awareness, the high resolution displays combine flight symbology with perspective terrain to make flying easier and safer.
Next-generation touchscreen interfaces that grant ready access to features like the radio interface and graphical flight planning on the map.

Forward-Looking Statements

NSPA awards COMLOG new Patriot missiles contract

January 3, 2024 / WIL BALDWIN

Luxembourg, January 3, 2024, PRNewswire – The NATO Support and Procurement Agency (NSPA) has awarded COMLOG, a joint venture between Raytheon, an RTX business (NYSE: RTX), and MBDA, their first contract under the European Sky Shield Initiative, or ESSI. With a total value of up to $5.6 billion, the NSPA contract supports a coalition of nations, including Germany, the Netherlands, Romania and Spain, with a combined quantity of up to 1,000 Patriot® GEM-T missiles, if all options are exercised. The contract includes qualification of updated components, addition of new suppliers, test equipment, and spares to support future sustainment. To support delivery, COMLOG will expand the production capacity of GEM-T missiles in Europe.

GEM-T, the Patriot Advanced Capability 2 (PAC-2) missile interceptor enhanced for defeating tactical ballistic missiles, is a primary effector for the combat-proven Patriot air and missile defense system. The world’s battle-proven air and missile defense system, Patriot is relied upon by eight European nations, and Ukraine, for defense against cruise missiles, ballistic missiles, and enemy drones and aircraft.

Through this contract, Patriot user nations will realize significant benefits. The bundled procurement, in the spirit of the ESSI, offers economies of scale and supports the expansion of production capacity for new Patriot GEM-T missiles to meet increasing demand. The new production capacity for Patriot GEM-T missiles in Europe enhances security of supply and will contribute to the replenishment of Patriot air defense missile inventories. Finally, the initiative strengthens cooperation among NATO allies in alignment with the ESSI.

Forward-Looking Statements

SAS to fly to over 40 countries in summer 2024

January 2, 2024 / WIL BALDWIN

Copenhagen, Denmark, January 2, 2024 – SAS customers can look forward to nine new European destinations this summer. From Copenhagen there will be direct flights to Ibiza, Salzburg, Genoa, Tromso and Dalaman in Turkey. SAS flights start from Bergen to London and from Oslo to Geneva, Milan and Tivat on the coast of Montenegro.

Southern European favourites

SAS is adding flights to long-standing favorites in Spain and Italy from all three Scandinavian capitals. From Stockholm and Copenhagen there will be up to 20 weekly flights to Malaga and from Oslo up to 17 flights to Alicante. Milan will have four daily departures from Copenhagen, there will be daily flights to Florence from Copenhagen and up to 25 weekly flights to Nice.

Oslo will have 14 weekly departures to Split, and it will be possible to fly with SAS from Stockholm twice daily to Milan and Paris in the summer. Oslo and Copenhagen also have year-round services to another Scandinavian favorite, Gran Canaria.

Northern Europe

From Copenhagen there will be five daily departures to Düsseldorf, four daily flights to Brussels and Gdansk and three daily flights to Warsaw and Vilnius. SAS will fly from Stockholm to Tallinn up to six times a day and to Vilnius three times a day. In addition, Stockholm will increase to two daily flights to Berlin, up to six daily flights to Helsinki, and increased frequencies to both Turku and Vaasa.

Domestic and the Nordic countries

There will be up to seven daily flights from Copenhagen to Bergen in the summer, while Oslo will have two daily departures to Aalborg and four weekly flights to Billund, and increased frequencies to Northern Norway. SAS is also increasing the number of departures between Stockholm and Visby, Kiruna, Skellefteå and Östersund.

More information about the upcoming long-haul flights: SAS INCREASING FLIGHTS TO NORTH AMERICA AND ASIA IN THE SUMMER PROGRAM – SAS (sasgroup.net)

Genesee & Wyoming welcomes Grupo Mexico Transport

January 2, 2024 / WIL BALDWIN

Jacksonville, Florida, January 2, 2024, Business Wire – Genesee & Wyoming Inc. (G&W) is pleased to welcome Grupo México Transportes (GMXT) as a new partner in its CG Railway, LLC (CGR) joint venture, pending receipt of regulatory approvals for their purchase of equity interests in CGR.

G&W initially formed a joint venture with SEACOR Holdings Inc. in 2017 to own and operate CGR, which has provided rail-ferry service between the ports of Mobile, Alabama, and Coatzacoalcos, Veracruz, across the Gulf of Mexico since 2001. Last week, GMXT announced its intention to purchase SEACOR’s stake in CGR and become G&W’s new joint venture partner for CGR.

CGR’s service advantages include three-day port-to-port transit time, an expedited customs clearance process and minimal exposure to pilferage while in transit on the Gulf of Mexico. To learn more about the operation, visit cgrailway.com.

Developing a future proof solution

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