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Category: Economy News (Page 7 of 116)

QANTAS to fly from Darwin to Singapore

Qantas has announced it is launching a second international route from Darwin, with direct flights from the Northern Territory to Singapore.

Commencing in December, the new Qantas flights will add more than 60,000 seats on the route each year and provide visitors to Australia with a convenient gateway to access to some iconic Top End experiences.

The flights will provide Territorians with a direct Qantas option to Singapore and also a seamless connection to London on QF1, as well as other destinations across Europe or Asia with partner airlines. Qantas customers travelling from Darwin will save around five hours in flying time by no longer having to fly via other Australian capital cities to get to London.

Starting on December 9, 2024, flights will initially operate five days per week with the dual-class Embraer E190 aircraft. Service will increasing to daily starting in March of 2025.* The new route has been made possible by the establishment of the E190 base at Darwin Airport, with the size, range and economics of the aircraft opening up routes that that wouldn’t be viable with larger aircraft, including the launch of international flights to Dili in 2022.

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Cargolux launches aerial firefighting unit

Luxembourg, 12 January 2024 – Cargolux is pleased to announce that it has launched a new business unit, Aquarius Aerial Firefighting (Aquarius AFF). This new venture marks a new chapter in Cargolux’ history.

The aerial firefighting unit will operate a fleet of 12 Air Tractor AT-802F Fire Boss aircraft which will be acquired over a three-year period. The first 3 aircraft have already been delivered. These three aircraft are expected to be ready for deployment by May 2024. Through its entrance into this activity, Aquarius AFF will alleviate some of the capacity shortfall for aerial firefighting in Europe and further afield.

Aquarius AFF aims to provide assistance in the fight against devastating wildfires that threaten human lives, natural resources and significantly contributes to global CO2 emissions. Cargolux is strongly committed to sustainability and this new venture will enable the company to lead a solution-oriented project, tackling one of the root causes of CO2 emissions.

Aquarius AFF will build on Cargolux’ experience and high safety standards to develop its aerial firefighting activity. True to its pioneering spirit, Cargolux is venturing into new territory for an all-cargo airline.

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HEINEKEN picks Siemens for decarbonization program

HEINEKEN, the world’s most international brewer, has selected Siemens as a partner for its global Net Zero Production roadmap, as part of HEINEKEN’s ambitions to reach net zero in Scopes 1 and 2 across all production sites by 2030.*

Siemens and HEINEKEN will work together on a long-term decarbonization program which will see Siemens implementing solutions and services from its Siemens Xcelerator portfolio, to reduce energy usage at more than 15 HEINEKEN beer and malt production sites, spanning facilities across Asia-Pacific, the Americas and Europe. Additional sites will be added in a second phase.

HEINEKEN and Siemens collaborated on an initial project of consulting, auditing, and advisory services, using an energy digital twin to simulate and analyze a typical HEINEKEN brewery in the virtual world, identifying where significant energy savings could be made. The simulation showed approximately 70 percent of energy use was linked to the generation of heating and cooling necessary for the brewing process. By optimizing and monitoring these cooling and heating systems through an end-to-end program, Siemens estimates energy savings of between 15-20 percent at each site, and an average CO2 reduction of 50 percent at each site.

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Lufthansa Group plans to hire 13,000 new people in 2024

Deutsche Lufthansa AG (Xetra: LHAG) plans to hire around 13,000 new employees for a wide range of professions in 2024. New colleagues for the cockpit and cabin, technicians and new colleagues in IT are particularly sought after. However, jobs are also being advertised in other areas, such as ground staff at the Lufthansa hubs in Frankfurt and Munich. It is planned to recruit more than 3,500 people in the cabin and around 1,000 for the cockpit. In addition, around 2,000 technicians, roughly 800 trainees and approximately 900 IT experts are to join the Lufthansa Group.

Lufthansa recruited more than 13,000 new employees in 2023. In total, over 95,000 people are currently working for the Lufthansa Group in more than 90 countries. Job vacancies and other career opportunities are available on the company career website www.lufthansagroup.careers.

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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Emirates and Azul expand partnership

Dubai, UAE, January 15, 2024 – Emirates and Azul Linhas Aereas Brasileiras S.A. (Azul) have taken their partnership to new heights with the launch of a reciprocal loyalty program offering. Emirates Skywards and TudoAzul frequent flyer members can now earn and redeem Miles across a joint network of more than 290 destinations worldwide. The two carriers launched a codeshare partnership in 2021 to provide customers enhanced connectivity to/from eight cities in Brazil to Emirates’ global network via Sao Paulo.

More opportunities to earn Miles

Under the agreement, Emirates Skywards members can earn Miles while traveling across Azul’s  network of more than 150 destinations. Skywards members earn up to 1 Skywards Mile per mile flown in Economy class, and up to 1.5 Skywards Miles per mile flown in Business Class. Members can also redeem flight rewards on Azul Economy Class on emirates.com (starting from 8,000 Miles for a one-way reward ticket) and Azul Business Class (starting from 17,500 Miles for a one-way reward ticket). The partnership will also enable TudoAzul members to earn Miles across Emirates’ global network of more than 130 destinations, across six continents. Azul members can also enjoy flight rewards on Emirates Economy and Business Class cabins.*

Connecting Brazil to the world

Emirates currently operates a daily A380 service to Sao Paulo, featuring its highly lauded Premium Economy cabin. The airline also operates a Boeing 777-300ER service between Dubai and Rio de Janeiro, which also connects travellers onwards to Buenos Aires. The codeshare agreement with Emirates and Azul allows customers to connect to/from Rio de Janeiro,  Santos Dumont (SDU), Belem (BEL) Belo Horizonte (CNF), Cuiaba (CGB), Curitiba (CWB), Juazeiro Do Norte (JDO), Porto Alegre (POA) and Recife (REC) airports on flights operated by Azul to Emirates flights from Sao Paulo (GRU) to Dubai and beyond with a single ticket.

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Embraer delivers Ipanema agricultural airplane number 1,600

Botucatu, Brazil, January 15, 2024 — Embraer SA (ADR-NYSE: ERJ) Agricultural Aviation Division delivered 65 Ipanema airplanes in 2023, an increase of 18% compared to the previous year. As a result, in December, the company reached the milestone of 1,600 units produced and delivered over the aircraft’s five decades of uninterrupted production.

Since the launch of the new version of the EMB-203 model in 2020, the company has seen continuous growth in sales and plans to increase production to 70 planes this year.

As the leader in the Brazilian aerial applications market, the Ipanema brings innovations and improvements that increase robustness with low operating costs and carbon emissions. The Ipanema is the only agricultural airplane certified and produced in series to fly on ethanol, a renewable energy source that provides increased power to the aircraft’s engine.

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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Signia by Hilton debuts flagship downtown Atlanta hotel

Atlanta, Georgia – Hilton Worldwide Holdings Inc. (NYSE: HLT) announced the highly anticipated opening of the 976-room Signia by Hilton Atlanta, marking the first new build and Georgia hotel for the Signia by Hilton brand, and Atlanta’s largest ground-up hotel development project in 40 years. Inclusive of the property’s debut, Atlanta represents Hilton’s largest market globally by number of hotels with a portfolio of 136 hotels across 13 brands welcoming travelers to the destination. In Atlanta, Hilton also has a pipeline of more than 40 hotels in various stages of design and construction.

Poised to become a signature landmark and economic catalyst on the city’s west side, Signia by Hilton Atlanta is owned by Georgia World Congress Center Authority (GWCCA) and forms part of the Authority’s Championship Campus, North America’s largest combined convention, sports, and entertainment destination, which also includes Georgia World Congress Center, Mercedes-Benz Stadium and Centennial Olympic Park. Built on the repurposed foundation of the Georgia Dome, the hotel features eight food and beverage experiences; a spa, beauty bar, rooftop pool and fitness center; more than 100,000 square feet of flexible meeting space, including the largest hotel ballroom in Georgia; a grand outdoor event deck and lawn; and Club Signia.

Signia by Hilton Atlanta was developed by Boston-based Drew Company, with Gensler as the architect and interior designer, and a joint venture between Skanska and SG Contracting as the general contractor. As the tallest building on the west side of Atlanta, the 42-story, 1.25 million square foot property is enveloped in wall-to-wall glass, offering panoramic views of downtown Atlanta, an inspiring and curated art collection, and inviting spaces.

All guest rooms at Signia by Hilton Atlanta offer spectacular floor-to-ceiling windows with panoramic views and reflect the warmth and refinement of Southern luxury, featuring a combination of earth toned-fabrics, rich wood and rattan textures, and brass finishes. The colors and materials are inspired by the building’s unique location in the city, paying homage to some of the most historically important and culturally significant neighborhoods in Atlanta. Shades of amber, deep brown, soft beige, and slate blue evoke a subtle sophistication, while black and metallic details bring an understated modern twist. Together, these design elements invite guests to celebrate the distinguished style of Southern hospitality through a timeless look that is both stylish and functional.

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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LATAM group presents special collection of aircraft in South American colors

Santiago, Chile, January 12, 2024 – With the aim of celebrating the local pride of the leading airline group in Latin America, LATAM group unveiled its latest project, which involves adorning five aircraft with the respective national flag colors of the countries where the affiliates operate domestic flights.

The idea, extending throughout 2024, is to gradually introduce the five painted aircraft into the domestic flights of the affiliates. It will begin on January 11 with LATAM Airlines Brasil, debuting an Airbus A320neo in green and yellow colors, followed by planes representing the colors of the affiliates in Colombia, Chile, Peru, and finally, Ecuador.

The special paint scheme, applied by 30 workers from the Brazilian affiliate, maintains the characteristics of the LATAM logo already present on its aircraft, with only the colors being modified. The design of the LATAM Airlines Brasil A320neo started this Monday at the São Carlos facility in Sao Paulo, the largest maintenance center of the LATAM group.

Currently, the airline group has 332 aircraft, including 56 Boeing passenger planes (models 767, 777, and 787) and 256 Airbus planes (models A319, A320, A320neo, A321, and A321neo).

Additionally, LATAM Cargo has 20 cargo planes.

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Dassault Aviation releases order intakes, deliveries and backlog as of December 31, 2023

AIRCRAFT ORDERED IN 2023

60 Rafale (*) were ordered (42 France, 18 Indonesia), compared with 92 Export Rafale in 2022.

(*) The order for an additional 18 Rafale for Indonesia entered into force on January 8, 2024 and is therefore not part of the 60-Rafale order intake for 2023.

23 Falcon were ordered, compared with 64 in 2022.

AIRCRAFT DELIVERED IN 2023

13 Rafale (11 France, 2 Export) were delivered, while 15 had been guided.
14 Rafale (13 Export, 1 France) were delivered in 2022.

26 Falcon were delivered, while 35 (*) had been guided.
32 Falcon were delivered in 2022.

(*) Certified on August 22, 2023, Falcon 6X, integrating post certification upgrades approved by EASA, has entered into service at the end of 2023.

AIRCRAFT IN BACKLOG

As of December 31, 2023, the backlog includes:

211 Rafale (*) (141 Export, 70 France) compared with 164 Rafale as of December 31, 2022,
84 Falcon compared with 87 Falcon as of December 31, 2022.
(*) The order for an additional 18 Rafale for Indonesia entered into force on January 8, 2024 and is therefore not part of the 211-Rafale backlog of December 31, 2023.

UPCOMING FINANCIAL RELEASE

Dassault Aviation Group will release on March 6, 2024 its full year results.

The above figures relate only to the number of new aircraft. The Group points out that amounts in euros will be published on March 6, 2024.

Rafale B de l’Armée de l’Air Française en opérations extérieures (Opération Serval) – Vue en vol au dessus du Mali. Equipé de la nacelle Damoclès et de GBU-12.

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Ritz-Carlton Yacht Collection opens reservations for third superyacht Luminara

The Ritz-Carlton Yacht Collection unveiled its summer 2025 itineraries across its fleet, Evrima, Ilma, and Luminara, marking an exciting moment as the company opens bookings for the inaugural season of its third superyacht. The Ritz-Carlton Yacht Collection debuted in October 2022 with the launch of Evrima, the first time a luxury hospitality brand expanded into the cruising category. With all three superyachts now open for reservations, the brand extension continues to build on its success signifying continued growth and offering more opportunities for luxury travelers to enjoy unforgettable getaways at sea.

The Inaugural Season of Luminara
Inspiring curiosities and celebrations, Luminara, derived from Latin origin and meaning “light,” will measure 794 feet (242 meters) and accommodate up to 452 guests. In addition to 226 spacious suites, each boasting a private ocean-view terrace, a higher percentage of upper-suite categories, and superior guest amenities, the onboard experience will feature world-class dining, a wine vault, The Ritz-Carlton Spa®, and an expanded marina providing direct access to the sea. Among its range of upper-suite categories will be a new expansive accommodation, The Residential Suite, promising a collection of offerings that caters to a variety of preferences.

Luminara will embody contemporary craftsmanship and refined interior finishes envisioned by AD Associates, a renowned London-based architectural and design firm, with creative direction by Chapi Chapo Design, an internationally acclaimed Toronto-based luxury design firm, and celebrated lighting designer DPA. The yacht’s sleek and graceful exterior design, expertly envisioned by Helsinki-based design studio Aivan, draws inspiration from the elegant aesthetics of private yacht design. Inspired by light and luminescence, Luminara‘s design emphasizes elegance and sophistication. Its layout, featuring explorative passages and favoring circular silhouettes over geometric edges, creates a seamless design, forming a sense of limitless space in each area. A serene color palette of soft brown oak, Calcutta marble, leather accents, and touches of rich red, navy, and green will provide an elegant oasis at sea.

Click the link below to see the entire press release!

Ritz-Carlton Yacht Collection

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