Category: Economy News (Page 12 of 116)

SWISS to serve new European destinations in Summer 2024

December 29, 2023 / WIL BALDWIN

SWISS will be making further additions to its short-haul route network in its 2024 summer schedules. Service between Zurich and Bremen will be newly offered in summer, too. Oslo will be added to the Geneva-based network; and the existing Geneva destinations of Copenhagen and Stockholm will also be newly served in the summer timetable period.

Bremen, which already enjoys winter SWISS service from Zurich, will now see this continued in the summer timetable period. The North German city boasts an Old Town and historic sights such as the Roland Statue and its fabled Town Musicians, along with a lively arts and culture scene. Attractively located on the River Weser and further featuring extensive shopping and dining options, Bremen is a truly appealing travel destination.

As previously announced, Cluj-Napoca and Košice will also newly join the SWISS short-haul network in summer 2024. Elsewhere, further frequencies will be added between Zurich and various existing European destinations including Alicante, Madrid, Naples, Venice and Vilnius.

New Oslo service from Geneva

Oslo will be added next summer to SWISS’s Geneva network. The Norwegian capital offers visitors a winning blend of contemporary architecture, green parks and cultural highlights such as its famed Opera House. The city is also attractively close to nature – fjords, forests and more – and features a lively culinary scene.

SWISS will also be providing new summer services on its existing Geneva-Copenhagen and Geneva-Stockholm routes. Copenhagen delights with its impressive mix of modern Scandinavian design, historic architecture and relaxed waterside ambience, while Stockholm boasts a picturesque site spread over 14 islands, well-preserved royal palaces and historic Old Town lanes. SWISS travellers will further be offered more frequencies between Geneva and the existing destinations of Athens, Brindisi, Brussels, Catania, Malaga, Palma and Valencia in the 2024 summer schedules.

SBB reports temporary failure will cancel Brig–Domodossola connections

December 29, 2023 / WIL BALDWIN

Due to a lack of approval from the responsible Italian authorities, certain SBB trains will no longer be able to operate on the Brig-Domodossola (I) route from January 1, 2024 until further notice. The corresponding trains are therefore canceled in both directions between Brig and Domodossola (I). This means that 38 of a total of 316 connections between Brig and Domodossola will be canceled every week. The EC trains to/from Milan and Venice as well as the BLS trains are not affected. These have appropriate approval in Italy.

Written confirmation required due to adapted fire protection regulations

The trigger is a corresponding fire protection regulation from the Italian Ministry of Transport, which will apply to passage through longer tunnels from the beginning of 2024. Due to border traffic agreements between Switzerland and Italy, the affected trains (Domino and EW IV) were previously exempt from this directive. Due to the pending adaptation of the border traffic agreement to the 4th railway package, a written confirmation from the Italian Ministry of Transport and the Italian Transport Authority is required for the approval of these two vehicle types for the journey between Brig and Domodossola. As soon as written confirmation is received, SBB will resume operations. SBB hopes that this will be the case as soon as possible. She asks travelers for their understanding and recommends checking the timetable in the SBB mobile app before starting each journey. If you have any questions, the SBB Contact Center can help you on 0848 44 66 88 (CHF 0.08/minute).

Full steam ahead for ScotRail recruitment drive

December 29, 2023 / WIL BALDWIN

ScotRail will steam into 2024 with scores of vacancies set to be filled as part of its biggest recruitment drive in years. The train operator has already recruited more than 200 new members of staff since August this year, with the human resources team working hard to keep the business on track to fill vacancies.

New and improved catering services have been boosted with an additional 34 catering staff hired across the network.

Almost 30 new conductors have passed through training to support service reliability, over 30 engineers recruited, and 100 new frontline staff members to offer enhanced customer service and support revenue protection.

The new year will see that activity continue, with a focus on more conductors in January, and many other exciting roles that will help to improve services and reliability for customers. ScotRail expects to recruit a further 160 people before the end of March 2024, with roles such as drivers, conductors, ticket examiners, and engineers. Those interested in a career with ScotRail are encouraged to check the company’s website as vacancies are advertised regularly.

With customer numbers on the rise, and timetable improvements delivering more journeys and newer electric trains, there has never been a better time to join Scotland’s Railway. ScotRail is recognised as a leading employer by the Top Employers Institute. Further information on job opportunities can be found on the ScotRail Careers website at www.scotrail.co.uk/careers

Bonza connects more than 650,000 Aussies to new destinations in 2023

December 29, 2023 / WIL BALDWIN

It’s been a bumper purple year for Australia’s only independent low-cost carrier Bonza, with the airline revealing it has delivered more than 650,000 customers to 21 destinations across Australia. in 2023, a year when cost of living prices soared, Bonza was ensuring travellers could make considerable savings on their air travel plans.

Bonza’s unique onboard experience and ability to order on-demand menu items from the Fly Bonza app and have them delivered directly to your seats has been a rip roaring success introducing customers to undiscovered homegrown food and drinks suppliers.

To start 2024 in true Bonza style, the low-cost carrier is holding a 20 percent off sale*, which ends on 2nd January, 2024. Travellers are encouraged to download the Fly Bonza app which is the only place to book direct.

Visit www.flybonza.com to book your next adventure!

Air Canada and Professional Women’s Hockey League seal historic partnership

December 28, 2023 / WIL BALDWIN

Montreal, Quebec, Canada, December 28, 2023 – Air Canada (Toronto: AC) today announced a historic partnership with the new Professional Women’s Hockey League (PWHL) ahead of its inaugural season opener on January 1, 2024. The deal sees Air Canada become an Inaugural Premier Partner of the PWHL and Official Airline for the league’s first six teams, reflecting its deep passion for hockey and sharing the best of Canada with the world.

The airline is also celebrating this historic partnership with a new inspirational ad campaign, entitled “We All Fly,” featuring a cadre of young PWHL hopefuls alongside Canadian hockey legend Mélodie Daoust, which will premiere ahead of each PWHL home opener.

As part of the PWHL partnership, Air Canada is granted intellectual property (IP) rights for all six PWHL teams in Boston, Minnesota, Montreal, New York, Ottawa, and Toronto, the PWHL itself, broadcast, in-venue, and in-market assets, as well as official jersey branding rights for Montreal’s PWHL team. Air Canada will also provide travel support for the league and its players, and will celebrate and promote the PWHL and its future stars across its marketing and communications channels.

The PWHL deal also builds on Air Canada’s prior partnerships in professional women’s hockey, and in women’s sports including with the Women’s National Basketball Association (WNBA), as well as the planned Project 8 professional women’s soccer league in Canada. In addition, and furthering its commitment to supporting the next generation of women’s hockey, Air Canada will host a local girls’ junior hockey team at each historical PWHL home opener in Canada, including Jan. 1 in Toronto, Jan. 2 in Ottawa, and Jan. 13 in Montreal.

Visit aircanada.com and thepwhl.com for more information!

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.

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

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

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