Category: e-commerce (Page 11 of 55)

BVG places order for 50 Solaris Urbino 18 electric buses

December 28, 2023 / WIL BALDWIN

Berliner Verkehrsbetriebe (BVG), the Berlin public transport company, has placed an order for 50 state of the art Solaris Urbino 18 electric buses. The buses will be delivered in the years 2024 and 2025. The order can also be extended by up to an additional 650 articulated e-buses. Berlin’s public transport is already served by 140 battery-powered Solaris Urbino buses in the two most popular lengths of 12 and 18 meters.

The Urbino 18 electric buses will be equipped with a 240 kW asynchronous motor, powered by energy from the new generation Solaris High Energy batteries. These batteries are characterized by high energy density, resulting in a high operational range while maintaining low weight. Their recharging will be possible both via a classic plug-in socket and a pantograph. The buses will also be equipped with eSConnect, the manufacturer’s proprietary system, allowing to increase operational efficiency and streamline vehicle servicing.

The prestigious contract with BVG is a good opportunity to summarize the previous orders for Solaris battery buses, which have been carried out by the manufacturer for a decade. Nearly 2,300 Urbino electric buses are already operating on the streets of European cities. Orders for more than 700 further e-buses are in process with a deliveries scheduled for the years 2024-2025.

Saudia Airlines ranks first in most trusted organizations in ipsos 2023 survey

December 28, 2023 / WIL BALDWIN

Jeddah, Saudi Arabia, December 28, 2023 – Saudia, the national flag carrier of Saudi Arabia, has achieved first place in the Ipsos Saudi Arabia Reputation Monitor 2023 Survey, ranking Most Trusted Organization among 80 brands in the Kingdom.

The index employed for this survey calculates the degree of trust among organizations in Saudi Arabia. An index of 100 represents an average organization’s trust level, with the highest-scoring organization reaching a score of 177 and the lowest at 64.

Ipsos, a global leader in market research, published its 2023 survey results after analyzing key factors that contribute to a stronger corporate reputation. The assessment was based on key pillars of advocacy, trust, favourability, familiarity and awareness.

Park Hyatt Marrakech officially opens

December 28, 2023 / WIL BALDWIN

Chicago, Illinois, December 27, 2023 – Hyatt Hotels Corporation (NYSE: H) today announces the opening of Park Hyatt Marrakech, marking the debut of the Park Hyatt brand in Morocco and growing the brand’s presence in Africa, joining Park Hyatt Zanzibar and the forthcoming Park Hyatt Johannesburg, slated for 2025. Uniquely located about 9 miles (15 kilometers) from Marrakech’s historic Medina district, the 19-acre (7.5-hectare) resort is situated in an exquisite, off-the-beaten path location at the base of the Atlas Mountains. Surrounded by palm trees, olive trees and jacaranda trees, Park Hyatt Marrakech sits adjacent to the magnificent Al Maaden Golf resort, exclusively offering guests convenient access to the 18-hole course.

Park Hyatt Marrakech stands apart from other luxury hotels in the market through a distinctly residential, modern, and stylish take on Arab-Berber heritage. Inviting worldly travelers to experience the splendor of Marrakech and Morocco at large, the hotel encourages sensory enrichment via thoughtfully chosen touchpoints including authentic design and focus on the surrounding environment as juxtaposed to contemporary art, global fine dining and the latest in individually tailored wellness.

Composed of 16 pavilions arranged around a central, zeolite patio, Park Hyatt Marrakech encapsulates the personalized, understated luxury of the global brand with unexpected, hyperlocal experiences for guests – from breakfast in a hot-air balloon in the Three Atlas Valleys, to dinner in a Bedouin tent in the Agafay desert, to airport transfers in luxury electric cars, and more.

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.

Solaris to deliver 105 more electric buses in Milan, Italy

December 28, 2023 / WIL BALDWIN

Solaris, a subsidarary of Construcciones y Auxiliar de Ferrocarriles (Madrid: CAF), has concluded a new contract with the Italian transport operator ATM Milano for the supply of another 105 electric buses. The customer has in this occasion decided to purchase 18 metre long Urbino articulated units, to be delivered starting in the first half of 2025.

The relationship between Solaris and ATM in Milan began in 2014. Since then, the Italian operator has placed orders for some 500 vehicles. In fact, since 2018, Solaris has only supplied zero-emission vehicles to Milan, making the Milan-based company one of the European operators with the largest number of Solaris zero-emission vehicles. The success of this type of projects demonstrates the confidence of the Lombardy capital’s transport authorities in the CAF Group and confirms the Milanese operator’s intention to completely phase out diesel buses from its fleet by the end of 2030.

The chosen vehicle is the electric Urbino 18, a bus equipped with Solaris High Energy batteries with a total capacity of 700 kWh, which can be recharged either via pantograph or by plugging in. It should also be noted that the customer will be implementing a city infrastructure optimisation plan, which will allow the vehicles to be regularly recharged by means of chargers placed at strategic points along the route, thus guaranteeing virtually unlimited driving autonomy throughout the day.

Forward-Looking Statements

Virgin Galactic launches into 2024with January commercial flight window

December 28, 2023 / WIL BALDWIN

Orange County, California – Virgin Galactic Holdings, Inc. (NYSE: SPCE)* today announced the ‘Galactic 06’ flight window will open January 26, 2024. This will be the Company’s 11th spaceflight to date and will follow a year of unprecedented human spaceflight achievements that included six suborbital spaceflights in six months. Four private astronauts from three different countries will journey to space on Virgin Galactic’s sixth commercial spaceflight.

The private astronauts onboard the ‘Galactic 06’ mission will include:

Astronaut 023 – Private Astronaut from Ukraine and Las Vegas, United States
Astronaut 024 – Private Astronaut from Texas, United States
Astronaut 025 – Private Astronaut from Austria
Astronaut 026 – Private Astronaut from California, United States

The Virgin Galactic crew will include:

VSS Unity Commander CJ Sturckow and pilot Nicola Pecile
VMS Eve Commander Michael Masucci and pilot Dan Alix

Watch the 2023 Virgin Galactic Year In Review video below!*

*Forward-Looking Statements

Azul announces $200M credit facility to finance engine maintenance

December 28, 2023 / WIL BALDWIN

Sao Paulo, Brazil, December 26, 2023 – Azul S.A. (NYSE: AZUL), the largest airline in Brazil by number of flights and cities served, announces that its subsidiaries Azul Linhas Aereas Brasileiras S.A. (“ALAB”) and Azul Investments LLP have received approval to access a new US$ 200 million secured credit facility. The facility will be used to finance engine maintenance of ALAB’s Embraer and Airbus fleet, performed by GE Celma Ltda. (a subsidiary of GE Aerospace). The Brazilian Guarantees Agency – ABGF (Agencia Brasileira Gestora de Fundos Garantidores e Garantias) was the rapporteur. The Export Financing and Guarantee Committee – COFIG (Comite de Financiamento e Garantia das Exportacoes) approved the transaction under the conditions presented by ABGF.

About Azul

Azul S.A. offers 1,000 daily flights to over 160 destinations. With an operating fleet of over 180 aircraft and more than 16,000 Crewmembers, the Company has a network of 300 non-stop routes as of September 2023. Azul was named by Cirium (leading aviation data analysis company) as the most on-time airline in the world in 2022, being the first
Brazilian airline to obtain this honor. In 2020, Azul was awarded best airline in the world by TripAdvisor, first time a Brazilian Flag Carrier earns number one ranking in the Traveler’s Choice Awards. For more information, please visit www.voeazul.com.br/ir

Forward-Looking Statements

Maersk signs MoU with City of Yokohama and Mitsubishi Gas Chemical

December 28, 2023 / WIL BALDWIN

Yokohama, Japan, December 27 – AP Moeller – Maersk A/S B (London: 0O77) announced today that the company has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC). This collaborative agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered since 2024. It also highlights the parties’ shared commitment to sustainable initiatives and the transition towards a greener future.

Maersk has an ambitious target of achieving net-zero emissions by 2040 throughout its entire business. For shipping, it will equip its 25 container vessels with dual-fuel engines capable of sailing on green methanol. The successful implementation of this initiative heavily relies on the establishment of port bunkering infrastructure for methanol worldwide.

The City of Yokohama oversees the Port of Yokohama, which includes the Minami-Honmoku container terminal operated by APM Terminals Japan. The port stands as Japan’s deepest water berth, boasting a total length of 1,600 meters and a draft of 18 meters. It features advanced STS cranes, capable of reaching out up to 24 rows. Since the opening of Yokohama Port in 1859, it has served as a pivotal gateway to Japan and Asia. As part of its commitment to achieving carbon neutrality by 2050, Yokohama is at the forefront of developing Japan’s green shipping corridors.

The collaboration will focus on examining operational feasibility and developing port facilities required for green methanol bunkering at the Port of Yokohama. Through joint efforts, the partners seek to drive innovation, foster safety, and accelerate the adoption of sustainable methanol solutions in the maritime industry in Japan.

Forward-Looking Statements

Airbus delivers first aircraft from new final assembly line in Toulouse, France

December 28, 2023 / WIL BALDWIN

Toulouse, France, December 27, 2023 – Airbus Group SE (Paris: AIR) has successfully delivered its first Airbus A321neo assembled at its newest A320 Family Final Assembly Line (FAL) in Toulouse.

The A321neo, which will be operated by Pegasus Airlines, the leading low-cost carrier (LCC) in Turkey, is the first delivery from Airbus’ latest state-of-the-art production facility. Located in the former A380 “Jean-Luc Lagardere” building, the assembly line reflects Airbus’ commitment to modernise and meet the growing global demand for the A321neo, which now accounts for nearly 65% of Airbus’ A320 Family order backlog.

Pegasus Airlines’ current Airbus fleet stands at 93 aircraft, including 6 A320ceo, 46 A320neo and 41 A321neo. The airline also has 68 A321neo’s on order.

The delivery of the aircraft to Pegasus Airlines marks the start of the ramp-up of the new Toulouse FAL, which together with the other A320 Family FALs in Hamburg, Germany, Mobile, Alabama, USA, and Tianjin, China will contribute to Airbus’ objective of producing 75 A320 Family aircraft per month in 2026.

Forward-Looking Statements

South African Airways expands partnership with SunExpress

December 26, 2023 / WIL BALDWIN

Johannesburg, South Africa – South African Airways (SAA) has signed a memorandum of understanding (MoU) with SunExpress (a joint venture of Lufthansa and Turkish Airlines), to support the national carrier’s operations with four aircrafts in the 2024/2025 financial year.

The MoU is an add-on to the current six-month damp lease agreement, which was started in October this year and include the lease of two Boeing 737-800’s as well as maintenance and cockpit crew. The MoU was signed by SunExpress CEO Max Kownatzki and SAA CEO Prof. John Lamola at a joint press event in Johannesburg, on Thursday, 14^th December 2023.

In addition to plans to increase the number of damp lease aircraft, SAA and SunExpress are currently exploring options for a multi-year reciprocal capacity support and further cooperation with regards to maintenance, training and commercial support.

Bombardier announces firm order for 12 Challenger 3500 jets

December 26, 2023 / WIL BALDWIN

Bombardier Inc (OTC: BDRBF) has announced that the company received a firm order for 12 Challenger 3500 aircraft. The transaction for the firm order is valued at US$326.4 million based on list prices. The customer has chosen the super-midsize market leader for its outstanding performance, refined cabin and sustainably minded features.

The Challenger 3500 jet offers an unmatched in-flight experience to meet and exceed the expectations of the most discerning travelers. The aircraft’s flawless design provides an unparalleled cabin experience and elevates passengers’ comfort with Bombardier’s revolutionary Nuage seats and cutting-edge cabin technology. With an industry-leading dispatch reliability of over 99.8%, as well as outstanding range and runway performance, the Challenger 3500 aircraft offers the ultimate package, with access to the most remote locations while delivering Bombardier’s signature smooth ride from takeoff to landing.

Deliveries are set to begin in the second half of 2025.

Forward-Looking Statements

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