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Southwest Airlines expand technical operations facility In Phoenix

Dallas, Texas, February, 2024Southwest Airlines Co. (NYSE: LUV) is celebrating the completion of a multi-year, $100 million project, which nearly doubles the size of the airline’s maintenance hangar at Phoenix Sky Harbor. The 90,000-square foot expansion adds three new aircraft bays to the facility, allowing the airline to work on up to five aircraft simultaneously and brings more maintenance shops to support the nearly 500 Southwest® Technical Operations Employees based at Sky Harbor. The project also included a larger facility for members of the airline’s Provisioning and Ground Support Equipment Maintenance Teams that opened in 2020.

The expanded hangar has also achieved Leadership in Energy and Environmental Design (LEED) Silver certification. The expansion incorporated sustainable design features including the use of recycled content in over 30% of the building materials; the installation of high-reflectance roof and surrounding paving materials to reduce heat island effect; and the selection of building products from manufacturers with verified environmental performance.

Southwest Airlines® first opened a Technical Operations base at Sky Harbor in 1986. In 1993, the airline moved into a new maintenance hangar facility to support its growth throughout the western half of the United States. Today, the carrier’s Phoenix-based Technical Operations Teams accept new aircraft deliveries to prepare them to enter revenue service and maintain aircraft as part of daily and scheduled maintenance programs.

In addition to Phoenix, Southwest operates hangar facilities in Atlanta, Chicago (Midway), Dallas (Love Field), Denver, Houston (Hobby), and Orlando. Construction is underway on a new hangar facility at Baltimore/Washington International Airport, which is anticipated to open in 2025.

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.

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Pratt & Whitney expands site at Eagle Services Asia facility in Singapore

Singapore, February 19, 2024, PRNewswire – (Singapore Airshow) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA). The facility will grow its GTF capacity by two-thirds this year.

The transformative technology insertion applied across both ESA sites integrates robotics, automation and machine learning to increase efficiency, lower stress on machine operators and increase safety for key MRO processes.

These innovations include fully automated high-pressure compressor (HPC) rotor stacking, a Receive-in-Check Cobot that augments the work done by human inspectors and a robotic arm to install and remove HPC bearing sleeves.

ESA, a joint venture between SIA Engineering Company and Pratt & Whitney, is a member of the Pratt & Whitney GTF™ MRO network. Since introducing GTF MRO capability in 2019, the facility has already completed over 500 GTF engine overhauls.

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.

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Bonza launches Rockhampton sale with fares from $39

Australia’s only independent low-cost carrier Bonza is celebrating its Rockhampton partnership with sale fares starting at $39 per person one way* so Rocky locals can explore more of Australia, for less.

The five-day sale starts today and ends on Monday, 19 February for travel between 16 April – 19 June to/from the Beef Capital to/from Cairns, Sunshine Coast, Gold Coast and Melbourne.

Travellers are encouraged to download the Fly Bonza app which is the only place to book direct.

*Prices quoted starting from $39pp Rockhampton to or from Cairns, Gold Coast and Sunshine Coast, and starting from $59pp Rockhampton to or from Melbourne (Tullamarine) are one way, per person, excluding checked bags and seat selection, via the Fly Bonza app paying by Bonza’s fee free payment option. Offer starts 08:00 AEST, 15 February 2024. Offer ends 23:59 AEST, 19 February 2024. For travel between 16 April and 19 June 2024, subject to availability. Discount applies to fare only, excluding bags, seats and payment fees. This offer cannot be used in conjunction with any other discount or promotional offer. We reserve the right to vary, modify or cancel this promotion at any time. Payment fees may apply. Conditions of Carriage apply.

Rockhampton, Queensland, Australia

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AMSL Aero welcomes government support for vertiia aircraft to fight bushfires

Sydney, Australia, February 19, 2024 – Australian zero emission aircraft designer and manufacturer AMSL Aero today welcomes the Australian Government’s move to back the development of its zero-emission aircraft Vertiia to fight bushfires autonomously in an effective, efficient way that keeps firefighters safer and enables nighttime firefighting.

AMSL Aero will use the A$3 million in funding from the Cooperative Research Centres’ Projects program to develop a remotely piloted version of Vertiia, the world’s most efficient long range zero emissions electric Vertical Take Off and Landing (VTOL) aircraft, that is capable of effectively spraying preventative fire retardant and dropping hundreds of litres of water.

AMSL Aero will work with its partners to develop a method of operating autonomous remotely piloted VTOLs for aerial firefighting, modify a prototype Vertiia for use as zero emissions low-cost firefighting aircraft, meet regulatory requirements, and test the aircraft in regional Australia. Its partners on the project are The University of Sydney, leading robotics company Mission Systems and Australian firefighting aviation operator Pay’s Air Service, which conducts firefighting operations in Australia and Europe every year, including in Greece, where it recently fought fires for NATO.

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BAE Systems acquires Malloy Aeronautics

BAE Systems has acquired Malloy Aeronautics – a leading company in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Their range of uncrewed, heavy lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium range missions.

These platforms offer interchangeable capabilities and greater flexibility at a fraction of the cost and time of more traditional methods, whilst minimising risk to more expensive assets and human life. Malloy’s approximately 80 strong workforce will continue to operate from its site in Berkshire, supporting its existing customers. BAE Systems and Malloy, who have been working together in advancing cutting-edge UAS solutions since 2021, will further develop Malloy’s existing portfolio and accelerate new and novel technologies to customers worldwide.

BAE Systems and Malloy Aeronautics engineers have been collaborating to develop the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers.

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Solaris wins new hydrogen bus contracts in Barcelona and Essen

The CAF Group company has consolidated its leading position in the thriving hydrogen city bus market with two new contracts for the supply of 57 vehicles for a combined value of over 40 million Euros for Barcelona, Spain and Essen, Germany. Solaris’ experience in rolling out hydrogen technology has seen 40 operators in 10 European countries already place their trust in the company, having won orders for in excess of 700 vehicles.

Supported by the ongoing development of the hydrogen vehicle market and the increasing orders for hydrogen fuel cell-powered buses, Solaris has intensified its business activity in this segment over the recent months. In fact, in connection with this technology, last year Solaris made a major investment constructing a new building exclusively to manufacture hydrogen-powered buses.

Solaris’ substantial backlog, which includes supplies to various operators in Austria, Switzerland, Germany, Spain, France, Italy, the Netherlands, Poland, Sweden and Slovakia, illustrates the current relevance of this market. While 99 hydrogen buses were registered in Europe in 2022, pending official data for 2023, at the end of the third quarter of the year a total of 137 new bus registrations had already been made in Europe, representing a 38% increase compared to the 12 months in the previous year. If we add the data for the last 3 months of 2023, the figures would undoubtedly reveal how strongly this sector has grown and how much Solaris has contributed to this situation. Just a few years ago, specifically in 2018, not one single hydrogen bus was registered in Europe.

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Airbus partners for hydrogen aviation in Sweden and Norway

Stockholm, Sweden, January 31, 2024 – Airbus, Avinor, SAS, Swedavia and Vattenfall have signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hydrogen infrastructure at airports in Sweden and Norway.

This cooperation will provide better understanding of hydrogen aircraft concepts and operations, supply, infrastructures and refueling needs at airports in order to help develop this hydrogen aviation ecosystem in both countries. The work will also identify the pathways to select which airports will be transformed first to operate hydrogen-powered aircraft in both countries as well as the accompanying regulatory framework.

This is the first time that a feasibility study of this kind covers two countries and more than 50 airports. It reflects the partners’ shared ambition to use their respective expertise to support the decarbonisation of the aviation industry and to achieve net zero carbon emissions by 2050.

Airbus also launched the “Hydrogen Hub at Airports” program to jumpstart research into infrastructure requirements and low-carbon airport operations, across the entire value chain. To date agreements have been signed with partners and airports in ten countries including France, Germany, Italy, Japan, New Zealand, Norway, Singapore, South Korea, Sweden and the United Kingdom.

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Korean Air gets approval from Japan on Asiana merger

The Japan Fair Trade Commission (JFTC) approved Korean Air’s business combination with Asiana Airlines, marking a significant milestone in the two airlines’ merger process. To date, Korean Air has received approvals from 12 of 14 competition authorities.

The approval process commenced in January 2021, when Korean Air submitted its intent to the JFTC. Subsequently, a comprehensive initial report containing market and economic analysis was submitted in August 2021. Korean Air has proactively engaged in dialogues with all concerned parties to address various concerns raised by the JFTC.

The JFTC requested for Korean Air to submit remedies on select routes between Korea and Japan where the combined market share of Korean Air, Asiana Airlines and its respective subsidiaries (Jin Air, Air Busan and Air Seoul) would limit competition.

After discussion, the JFTC concluded that five of the 12 overlapping routes on the network were not subject to competition review. In addressing the remaining concerns, the airline has decided to cede a limited number of slots on seven routes, should “remedy takers” decide to operate on them. These routes include Seoul-Osaka, Sapporo, Nagoya, Fukuoka, as well as Busan-Osaka, Sapporo, and Fukuoka.

The JFTC also raised competition concerns about the Korea-Japan cargo network. However, with the decision to divest Asiana’s cargo business, the JFTC limited its request for the airline to enter into a cargo block space agreement (BSA) on select routes from Japan to Korea. The divestiture of Asiana’s cargo business is subject to the approval of all remaining competition authorities, and will occur after Asiana Airlines is incorporated as a subsidiary of Korean Air.

Since January 2021, Korean Air has filed business combination reports with a total of 14 competition authorities. A total of 12 authorities including Japan, have either approved the combination or concluded the review on the grounds that the business combination was not subject to review or report. Korean Air is committed to constructive dialogue with the remaining authorities – the EU and U.S. – to obtain approvals at the earliest opportunity.

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