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Superstar Dirk Nowitzki launches partnership with Lufthansa

August 6, 2024 / WIL BALDWIN

Image from Lufthansa

Cologne, North Rhine-Westphalia, Germany, August 6, 2024 – NBA basketball legend, Dirk Nowitzki, is the face of the new Deutsche Lufthansa AG (Xetra: LHAG) Allegris advertising campaign. Born in Germany, Nowitzki played his entire NBA career with the Dallas Mavericks in the United States.

In the campaign film, the 2.13 metre tall Dirk Nowitzki can be seen sleeping in the 2.20 metre long bed of the new Allegris Business Class. Lufthansa Allegris offers a completely new travelling experience on long-haul flights that is unrivalled on the market due to the variety of seats. All travel classes, from Economy to Premium Economy, Business and First Class, will have new cabin interiors and new seats. For example, in Business Class, passengers can choose between five different seat options, including a suite with doors, a personal wardrobe and a small minibar. A special highlight: all seats in First and Business Class have heating and cooling systems so that travellers can flexibly adjust the temperature to their own comfort level.

The Lufthansa Allegris campaign with Dirk Nowitzki starts today in the USA and will be shown internationally in the coming months, including in Germany.

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.

Alstom and DT Infrastructure awarded contract for Perth signalling project

July 18, 2024 / WIL BALDWIN

Image from Alstom

July 18, 2024 – Alstom, a global leader in smart and sustainable mobility, and DT Infrastructure, a leading Australian provider of engineering and construction services, have been awarded a €1bn [1] (AUD$1.6bn) contract by the Public Transport Authority of Western Australia (PTA) for the design, supply, construction, installation, testing, commissioning and maintenance of high capacity signalling technology for Perth’s suburban rail network.

The award of the contract, the world’s largest signalling project by route length, will be delivered by an Alliance comprising the Public Transport Authority, Alstom and DT Infrastructure. It features the provision of Alstom’s Urbalis CBTC technology installed by DT Infrastructure’s expert local workforce.

Perth will become the third Australian city to deploy Alstom’s proven Urbalis CBTC signalling solution, joining around 190 other global metro lines featuring Alstom’s state-of-the-art solution. Once completed the project will provide Perth with a 40% increase in network capacity. The project will also be delivered with a dedicated plan to minimise disruption to Perth’s commuters during installation. Cutting edge features include enhanced cyber security and energy saving and a new multipurpose communications system based on a private Long-Term evolution radio network.

[1] – Alstom share around 2/3 of the consortium including maintenance services

Las Vegas Sands CEO sells over $5.2 million in company stock

March 19, 2024 / WIL BALDWIN

Image from Las Vegas Sands Corp.

Las Vegas Sands Corp. (NYSE: LVS) CEO and Chairman, Robert G. Goldstein, has sold 100,000 shares of the company’s common stock, according to a recent SEC filing. The transaction, which took place on March 15, 2024, amounted to over $5.2 million, with shares sold at a weighted average price of $52.06.

The sales were executed in multiple transactions with prices ranging between $52 and $52.26. Post-transaction, Goldstein still holds 172,801 shares indirectly through The Robert and Sheryl Goldstein Trust, signifying a continued stake in the company’s future.

Click the link below to read the full story!

Las Vegas Sands CEO sells company stock

Forward-Looking Statements

Rolls-Royce creating over 200 new jobs in Cardiff and Glasgow

March 6, 2024 / WIL BALDWIN

Rolls-Royce Holdings PLC (London: RR) Submarines today announced plans to open new offices in Cardiff and Glasgow to attract the best talent and meet growth in demand from the Royal Navy and the recent AUKUS announcement.

The locations of satellite offices in Cardiff and Glasgow, funded by the UK Ministry of Defence (MOD), have been selected to help access the skilled talent pools in both regions, with more than 100 jobs being created in each city.

The increase in demand for technical specialists will see new offices opened in St Mellons, Cardiff, and at the Airport Business Park in Glasgow. The business intends to attract the best engineers and specialists from around the UK to work on a growing portfolio of defence nuclear projects.

In March 2023, it was confirmed that Rolls-Royce Submarines would provide all the nuclear reactor plants that will power new attack submarines as part of the tri-lateral agreement between Australia, the UK and US.

In Cardiff, Rolls-Royce Submarines is looking to attract people with a background in mechanical design, materials engineering, structural integrity analysis, thermal analysis and fluid dynamics. For Glasgow, the focus is on recruiting those with a pedigree in electrical controls and instrumentation and cyber security.

Forward-Looking Statements

Etihad Airways expands schedule with two new destinations

February 29, 2024 / WIL BALDWIN

Abu Dhabi, UAE – In the latest significant boost to its global network, Etihad Airways, the national airline of the United Arab Emirates, has announced substantial updates to its summer schedule.

This strategic expansion includes the addition of new flights and increased frequencies to existing routes, reinforcing Abu Dhabi’s position as a global connector and enhancing travel options.

The airline is set to broaden its reach by launching flights to two new fantastic and sought-after destinations: Beginning 15 June, Etihad will operate three seasonal weekly flights between Abu Dhabi and Antalya (AYT), Turkey. Operations to Jaipur (JAI), India will start 16 June with four weekly flights.

More, more, more

Starting 15 June, Etihad is increasing its service frequency to a number of key destinations:

The weekly flights to Thiruvananthapuram and Amman will be increased by three, totalling 10 and 14 respectively. Additional services include three more flights to Cairo for a total of 24, Karachi increasing to 17, and Colombo to 20 weekly flights.

The latest expansion contributes to an overall 33 per cent increase in Etihad’s total weekly flights, growing from 635 last summer to 847 in 2024, and extends Etihad’s reach from 65 to 75 destinations, significantly enhancing worldwide connectivity.

Manchester City 787 | Etihad Airways

Vietjet Air picks Rolls-Royce Trent 7000 engines for A330neo

February 25, 2024 / WIL BALDWIN

Singapore Air Show, February, 2024 – Vietjet Air has signed a Memorandum of Understanding (MoU) with Airbus Group SE (Paris: AIR) for the purchase of 20 A330-900 widebodies. When the order is finalized, the aircraft will be operated on the carrier’s growing long range network, as well as on high capacity regional services. They will replace the carrier’s current fleet of leased A330-300’s, as well as providing for network expansion.

Rolls-Royce (LSE: RR) today announces a commitment by Vietjet Air for 20 Trent 7000 powered A330neo, which will complement the airline’s existing widebody fleet of seven Trent 700 powered A330ceo aircraft.

With a laser focus on sustainability, Vietjet Air has committed to the A330neo/Trent 7000 combination as it delivers a 14% better fuel burn per seat, whilst significantly lowering emissions. The reduction in emissions will allow the airline to avoid more than one hundred thousand tons of CO2 over the lifetime of each aircraft.

The Trent 7000 draws on the technology and experience of the most advanced family of engines in the world. As the latest member of the Trent family, the Trent 7000 is based on Trent XWB technology and has delivered exceptional reliability since its entry into service.

Forward-Looking Statements

Saab receives Gripen order from Hungary

February 23, 2024 / WIL BALDWIN

SAAB AB (Stockholm: SAABb) has today signed a contract with the Swedish Defence Materiel Administration (FMV) and received an order for four additional Gripen C fighter aircraft for Hungary.

This order follows an amendment to the contract between FMV and the Hungarian Government signed in December 2001 regarding 14 Gripen C/D fighters for the Hungarian Air Force. The contract amendment for the four additional aircraft was signed by the Hungarian Ministry of Defence and FMV on 23 February 2024. With this new contract amendment, Hungary will operate a total of 18 Gripen C/D aircraft to protect and defend the Hungarian and NATO airspace.

Saab currently has a contract with FMV regarding support for Hungary’s Gripen aircraft, and Saab is ready to provide additional upgrades and support for the Hungarian fighters beyond 2035.

Saab and the Hungarian Ministry of Defence have also signed an MoU regarding development of high-tech industrial areas and fighter aircraft capabilities. The cooperation includes support for the establishment of a Centre of Excellence for VR technologies in Hungary.

Forward-Looking Statements

STARLUX orders A350F and A330neo aircraft

February 21, 2024 / WIL BALDWIN

Singapore Air Show, February 21, 2024 – STARLUX Airlines of Taiwan has placed a firm order for five all-new Airbus Group SE (Paris: AIR) A350F freighters and three more A330neo widebody aircraft. The agreement was signed at the Singapore Airshow by KW Chang, Chairman of STARLUX Airlines and Christian Scherer, CEO of the Commercial Aircraft business of Airbus.

STARLUX Airlines operates an all-Airbus passenger fleet that already includes the A350-900, A330neo and A321neo. The A350F will be operated by STARLUX Cargo on some of the world’s busiest cargo routes.

Currently under development, the A350F will enable STARLUX Cargo to serve all heavy cargo markets around the world.

Forward-Looking Statements

Royal Brunei Airlines orders four Boeing 787 Dreamliners

February 21, 2024 / WIL BALDWIN

Singapore Air Show, February 20, 2024, PRNewswire – Boeing (NYSE: BA) and Royal Brunei Airlines today announced the airline’s purchase of four 787 Dreamliners to renew its widebody fleet. Royal Brunei Airlines’ selection of the 787-9 supports the airline’s long-term growth strategy, sustainability goals and focus on passenger comfort.

Royal Brunei Airlines was the first Southeast Asian carrier to fly the 787 Dreamliner over a decade ago. With this 787-9 order, which was finalized in February and will be posted on Boeing’s Orders & Deliveries, the airline can fly more passengers and cargo farther while operating more efficiently.

Royal Brunei Airlines currently operates five 787-8’s, serving destinations in Asia, Australia, the Middle East and the United Kingdom. The 787-9, which can carry nearly 20% more passengers than the 787-8 and fly 14,010 km (7,565 nautical miles), will support the carrier’s growing capacity needs on these medium- and long-haul routes.

Forward-Looking Statements

Breeze Airways discloses order for 10 additional A220 aircraft

February 21, 2024 / WIL BALDWIN

Mirabel, Quebec, Canada, February 20, 2024 – Breeze Airways has disclosed an order for 10 additional Airbus Group SE (Paris: AIR) A220-300 aircraft, bringing the airline’s total firm order for the aircraft type to 90, making Breeze the third largest customer worldwide for the A220.

Breeze took delivery of its first Airbus A220 in December 2021 and is operating 20 aircraft (as of end January 2024) throughout the United States. Breeze also announced it will be using an all-A220 fleet for its commercial operations by the end of 2024.

Forward-Looking Statements

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