Category: International News (Page 20 of 164)

Siemens and Intel to collaborate on advanced semiconductor manufacturing

December 4, 2023 / WIL BALDWIN

Siemens AG (ADR: SIEGY), a leading technology company, and Intel Corporation (Nasdaq: INTC), one of the world’s largest semiconductor companies, have signed a Memorandum of Understanding (MoU) to collaborate on driving digitalization and sustainability of microelectronics manufacturing. The companies will focus on advancing future manufacturing efforts, evolving factory operations and cybersecurity, and supporting a resilient global industry ecosystem.

The MoU identifies key areas of collaboration to explore a variety of initiatives, including optimizing energy management and addressing carbon footprints across the value chain. For instance, the collaboration will explore use of “digital twins” of complex, highly capital-intensive manufacturing facilities to standardize solutions where every percentage of efficiency gained is meaningful.

The collaboration will also explore minimizing energy use through advanced modeling of natural resources and environmental footprints across the value chain. To gain more information on product-related emissions, Intel will explore product and supply chain related modeling solutions with Siemens that drive data-based insights and help the industry accelerate progress in reducing its collective footprint.

Sustainable practices across the entire semiconductor lifecycle, including design, manufacturing, operation, efficiency, and recycling, are critical for meeting growing demand for powerful, sustainable chips. Technology has the power to accelerate solutions to reduce computing-related climate impacts across the technology industry and the rest of the global economy. Automation and digitalization hold the key to addressing the challenges as the industry drives toward net-zero greenhouse gas emissions. By combining their strengths and expertise, Siemens and Intel are poised to lead the way in driving positive change.

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.

Dassault Aviation Falcon 6X Enters Service

December 4, 2023 / WIL BALDWIN

Saint-Cloud, France, December 4, 2023 – The Dassault Aviation SA (Paris: AM) Falcon 6X entered service on November 30. The type certification was granted last August 22nd by both EASA and the FAA. Since that time, post-certification upgrades that were applied required EASA approval.

ABOUT DASSAULT AVIATION

With over 10,000 military and civil aircraft (including 2,700 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, development, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. In 2022, Dassault Aviation reported revenues of €6.9 billion. The company has 12,700 employees.

Forward-Looking Statements

Jamsil, Songpa-gu, Seoul, South Korea - January 29, 2022: Aerial and morning view of Lotte World Tower with apartments near Han River

South Korea selects the Embraer C-390 Millennium

December 4, 2023 / WIL BALDWIN

Seoul, South Korea, December 04, 2023 – South Korea’s Defense Acquisition Program Administration (DAPA) has announced the Embraer SA ADR (NYSE: ERJ) C-390 Millennium as the winner of the Large Transport Aircraft (LTA) II public tender to provide the Republic of Korea Air Force (ROKAF) with new military transport aircraft. South Korea is the C-390 Millennium’s first customer in Asia.

Under the signed contract, Embraer will provide an undisclosed number of C-390 Millennium aircraft specially configured to meet ROKAF’s requirements, as well as services & support including training, ground support equipment and spare parts. The value of the contract will be included in Embraer’s backlog in the fourth quarter of 2023.

Embraer will also provide a comprehensive consortium and offset package including a significant amount of C-390 Millennium parts to be locally manufactured by Korean partner companies and the development of a local Maintenance Repair and Overhaul (MRO) provider.

South Korea is the seventh nation to select the C-390 after Brazil, Portugal, Hungary, the Netherlands, Austria and the Czech Republic. The C-390 is redefining military airlift and challenging the thinking behind current and future generation platforms, with multi-mission capability, reliability and interoperability built by design.

Forward-Looking Statements

easyJet collaborates with RTX to enhance operations

December 4, 2023 / WIL BALDWIN

Toulouse, France, December 4, 2023, PRNewswire – Collins Aerospace, an RTX (NYSE: RTX) business, is working with EasyJet PLC (London: EZJ) to activate GlobalConnect^SM connected aircraft services on more than 330 Airbus aircraft in its fleet. easyJet will become the largest A320 operator in the world to deploy GlobalConnect. This new capability enhances safety oversight, pilot training and operational efficiencies.

The Collins GlobalConnect solution enables the already-installed Flight Operations and Maintenance Exchanger system (FOMAX), jointly developed with Airbus, to provide easyJet valuable insights into its fleet operations, enabling proactive decision-making and more efficient airline operations.

The adoption of this data exchange and analytics capability also brings the potential to simplify the avionics architecture, leading to further fuel efficiency gains through the gradual removal of quick access recorders. The airline projects that cutting this additional weight could save up to 500 tonnes of carbon per year when rolled out fleet-wide.

GlobalConnect services across easyJet’s fleet will be progressively activated in the coming months, starting before year-end 2023. This marks a significant milestone in easyJet’s digital transformation journey and underscores the airline’s dedication to embracing cutting-edge technologies that benefit its passengers and the environment.

Forward-Looking Statements

China Southern Airlines flight CZ3892 carries ARJ21’s 10 millionth passenger

December 3, 2023 / WIL BALDWIN

China Southern Airlines flight CZ3892 from Guangzhou to Jieyang on November 24th of 2023 rang in the 10 millionth passenger carried so far by China’s ARJ21 aircraft.

The ARJ21 aircraft is the first turbofan regional jet independently developed by China. Since the first ARJ21 aircraft was officially put into commercial operation in June 2016, a total of 117 aircraft have been delivered to customers Air China, China Eastern Airlines, China Southern Airlines, Chengdu Airlines, Genghis Khan Airlines, Jiangxi Air, China Express Airlines and TransNusa. The aircraft has successfully served more than 400 routes in more than 140 cities at home and abroad. The airplane has also operated nearly 1,800 flights per week covering regions such as North China, Northeast China, East China, Southwest China, Northwest China and Central-South China, and launched overseas operations to Indonesia.

Commercial Aircraft Corporation of China, Ltd. (COMAC) has focused on the core competences of customer training, spare parts, engineering, maintenance, technical publications, flight operations, and market and commercial support. This has allowed it to establish an operation support system to ensure the large-scale development of ARJ21 aircraft.

Deutsche Bahn is getting into the UEFA EURO 2024™ spirit

December 3, 2023 / WIL BALDWIN

Berlin, Germany, December 1, 2023 – Deutsche Bahn (DB) is getting into the football spirit. Thanks to special offers and more trains for Football European Championship matches, all fans and the 24 national teams will be able to travel by climate-friendly train during the upcoming UEFA EURO 2024™. DB will offer nearly 10,000 additional seats each day on ICE and Intercity trains around match days.

EUR 29.90 DB Ticket EURO 2024 to travel to UEFA EURO 2024™ matches

Anyone with a ticket to a match and traveling within Germany can purchase discounted tickets for the journey to the match and back. The DB Ticket EURO 2024 will cost EUR 29.90 per trip and can be booked at bahn.de/db-fussball-ticket beginning January 17.

For the first time, a special offer will be available to ticket holders from other European countries, too. Fans can purchase an Interrail Pass discounted by 25% for UEFA EURO 2024™, which is good for travel between Germany and 32 countries. Customers can choose from a set number of travel days on which to use the pass for travel to and from the destination as well as for unlimited travel within Germany on those days. The Interrail Pass EURO 2024 will also go on sale on January 17. More information will be available in the UEFA Event Guide as of December 2: uefa.com/euro2024/event-guide

10,000 additional seats per day

DB is expecting tens of thousands of additional passengers on trains to the venues. As part of its Strong Rail strategy, DB set the course for its fleet expansion well in advance. Thanks to these efforts, it now has a modern ICE fleet, which will grow to over 400 trains in the coming months. DB is significantly expanding its timetable during the championship period. It will use longer ICE trains and offer trains on additional days, for example. What’s more, 14 special EURO trains will run daily. 10,000 additional seats are already firmly planned into the timetable in the days around the matches. Even more will be added once the results of the EURO Final Draw for the group stage are known and the routes requiring additional capacity are identified. Additional special trains will then be planned at short notice for the final.

The additional capacity is primarily intended for late evening and overnight connections in order to offer many travel options for departures from the matches. During the tournament, DB will nearly double the number of travel options after 11 pm from the 10 venues to the 20 busiest long-distance stops.

All of the information about Deutsche Bahn’s efforts in conjunction with the 2024 UEFA European Football Championship can be found here: bahn.de/em2024.

Union Pacific announces new Phoenix Terminal connecting Southwest Markets with Southern California

December 1, 2023 / WIL BALDWIN

Union Pacific Railroad announced plans today to open a new international intermodal terminal in the heart of Phoenix, providing customers a sustainable rail option between ocean ports in the Los Angeles Basin and the nation’s fast-growing Southwest region.

The new terminal, owned and operated by Union Pacific, is expected to open in the first quarter of 2024. It will be established in Union Pacific’s downtown rail yard, with capacity to grow to meet customer demand.

The new facility will open with drayage support provided by Duncan & Son Lines, a family-owned logistics firm in Buckeye, Arizona, that primarily focuses on international container drayage from the ports of Long Beach and Los Angeles.

The new terminal further expands Union Pacific’s intermodal footprint, which is the largest in North America with the most direct services from coast to coast.

About Union Pacific

Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

Forward-Looking Statements

Norse Atlantic Airways celebrates inaugural flights from London Gatwick Airport

December 1, 2023 / WIL BALDWIN

Friday, December 1, 2023 – Norse Atlantic ASA (Oslo: NORSE) is delighted to announce the successful commencement of its inaugural services from London Gatwick to the sun-soaked destinations of Montego Bay and Barbados.

Flights to Barbados from London operate up to five times a week with fares starting from £449 return. Flights to Montego Bay from London operate up to four times a week with fares starting from £540 return.

Norse Atlantic exclusively operates Boeing 787 Dreamliner aircraft with two cabin choices, Economy and Norse Premium. The cabin offers passengers a relaxed and comfortable travel experience with each seat including a personal state of the art entertainment experience. Our Premium cabin offers an industry leading 43” seat pitch and 12” recline allowing passengers to arrive at their destination feeling refreshed and ready to explore their destination. Passengers can choose from a simple range of fares, Light, Classic and Flextra, that reflect the way that they want to travel, and which options are important to them. Light fares represent Norse’s value option while Flextra fares include the maximum baggage allowance, two meal services an enhanced airport and onboard experience and increased ticket flexibility.

For more information and to book visit www.flynorse.com

Forward-Looking Statements

Bell announces delivery of third 429 to Swiss helicopter rescue company Air Zermatt

December 1, 2023 / WIL BALDWIN

Madrid, Spain – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced at European Rotors 2023, the delivery of its third Bell 429 to Swiss-based helicopter rescue company, Air Zermatt.

With its 75-person medical personnel and flight crew, Air Zermatt provides transport, tourist flights, and rescue operations in the Swiss Alps and surrounding communities. Each year, Air Zermatt carries out around 2,000 rescue missions, the majority of which are with the Bell 429.

In addition to the delivery of their Bell 429, Air Zermatt has opted to add their entire Bell 429 fleet under Bell’s Customer Advantage Plan (CAP) that protects direct maintenance costs and aircraft value over time and helps to keep aircraft in service longer.

Forward-Looking Statements

United Airlines expands in Houston with $2.6B terminal project

December 1, 2023 / WIL BALDWIN

Houston, December 1, 2023, PRNewswire – United Airlines Holdings Inc (Nasdaq: UAL) today announced growth plans in Houston that include a $2.6 billion renovation and expansion of Terminal B at George Bush Intercontinental Airport (IAH), a new United Club^SM location and Early Bag Storage facility (EBS) as well as a new direct flight to Georgetown, Guyana*.

These investments are part of the airline’s United Next growth plan and include the expansion of 40 gates at IAH to accommodate larger aircraft, resulting in a 40% increase in the overall number of people who can fly on peak travel dates in 2026 compared to 2023.

United’s Terminal B Transformation Program, pending final approval from Houston’s city council, will play an important part in the estimated 54 million future passengers that will annually travel throughout the Houston hub and aims to improve the travel experience from arrival to departure.

Project highlights include:

A three-level, 765,000 sq. ft. Terminal B North Concourse with 22 mainline, narrow-body gates
Converting 30 existing small regional jet gates to 18 gates to accommodate larger, two-class regional jets in the Terminal B South Concourse
Boarding via jet bridge for all flights
Two major concessions hubs with more than 115,000 sq. ft. of food and retail space
A new, state-of-the-art baggage handling system equipped with advanced tracking technology
The largest United Club in our system
Expanded curbside and roadway capacity with a ground-level check-in area, including the addition of a traffic bypass between Terminals B and A to allow Terminal B customers to exit the airport without having to drive past Terminal A as they do today
A new sensory room for passengers with disabilities

*flights subject to government approval.

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