Volvo Cars (OTC: VLVLY) today reports a 39 per cent increase in operating profits, excluding joint ventures and associates, to SEK 6.4 bn and a corresponding EBIT margin of 6.3 per cent for the second quarter of 2023. The result came despite a SEK 0.9 bn, non-recurring item related to the redundancy programme announced in May, part of securing a more efficient and sustainable cost base for the future. Without this item, the underlying EBIT margin, excluding joint ventures and associates, was 7.2 per cent in the second quarter. This illustrates that the solid underlying performance momentum from the first three months of the year continued during this past quarter.
Click the link below to read the entire press release!
Sao Jose Dos Campos, Brazil – July 20, 2023 – Eve Air Mobility (NYSE: EVEX) and Embraer (NYSE: ERJ) announced today that the first electric vertical take-off and landing aircraft (eVTOL) production facility will be located in the city of Taubaté, in the state of São Paulo, Brazil. Subject to the final authorities’ approval, the manufacturing plant will be situated on a designated portion of land within Embraer’s existing unit in the city that will be expanded.
The site benefits from a strategic logistical location, offering easy access via two highways and close proximity to a railroad. Another significant advantage is the region’s proximity to Embraer’s headquarters in São José dos Campos and Eve’s engineering and human resources team, which will facilitate the development and sustainability of new production processes, enhancing Eve’s agility and competitiveness.
In May 2022, Eve announced a partnership with Porsche Consulting to define Eve’s eVTOL global manufacturing, supply chain and logistics macro strategy. The two companies have since worked together to research advanced manufacturing and innovation concepts and used their combined aeronautical and automotive expertise to design a concept of industrialization for eVTOL aircraft based on high safety, quality, efficiency and customer focus.
Eve continues to progress in developing its eVTOL. The company also focuses on creating a comprehensive portfolio of agnostic solutions, including a unique Urban Air Traffic Management (Urban ATM) software to optimize and scale Urban Air Mobility operations worldwide.
Over a 24-hour period, PHASA-35 soared to more than 66,000 feet, reaching the stratosphere, before landing successfully. The trial, completed last month in New Mexico in the USA, allowed engineers to assess the performance of the experimental solar-electric drone within the outer-reaches of the planet’s atmosphere.
The flight marks a significant milestone in PHASA-35’s development which began in 2018. Designed by BAE Systems’ (OTC: BAESY) subsidiary Prismatic Ltd to operate above the weather and conventional air traffic, it has the potential to provide a persistent and stable platform for various uses including ultra-long endurance intelligence, surveillance and reconnaissance, as well as security.
It also has the potential to be used in the delivery of communications networks including 4G and 5G and could be used in a wide range of applications, such as disaster relief and border protection, as an alternative to traditional airborne and satellite systems.
The PHASA-35 programme sits within FalconWorks™, a new centre for advanced and agile research and development within BAE Systems’ Air sector, designed to deliver a range of cutting-edge combat air capabilities to the UK and its allies.
PHASA-35, which has a 35-metre wingspan and carries a 15kg payload, uses a range of world-leading technologies including advanced composites, energy management, solar electric cells and photo-voltaic arrays to provide energy during the day which is stored in rechargeable cells to maintain flight overnight.
The successful trial assessed the performance of the experimental system across a range of areas. It is the first in a series of trials planned to confirm system performance, support development activities and validate test points to enable PHASA-35 to be made available in defence and commercial markets internationally.
The latest trials took place from Spaceport America in New Mexico, flying in the White Sands Missile Range, and are sponsored by the US Army Space and Missile Defense Command Technical Center. This test flight at White Sands Missile Range was coordinated and directly supported by personnel attached to Naval Surface Warfare Center, Port Hueneme Division, Detachment White Sands.
Virgin Atlantic Cargo has announced a Sustainable Aviation Fuel Certificate (SAFc) program, designed to help freight forwarders and shippers manage their carbon emissions whilst demonstrating joint commitment to scaling the SAF industry.
Customers participating in the scheme will contribute to the airline’s purchase of SAF, receiving a SAF certificate for the associated scope 3 emissions reductions. Customers will also benefit from detailed insight into their Scope 3 air freight emissions via Virgin Atlantic Cargo’s own air freight carbon calculator. Developed in-house and independently certified, the calculator uses an industry recognised methodology and Virgin Atlantic’s actual flight emissions data to provide powerful insights to participating customers, enabling them to take action on their carbon footprint.
DB Schenker is the first to participate in the scheme with the purchase of over several thousand tonnes of scope 3 emissions reductions. The global logistics service provider is continuously expanding its SAF based air freight solutions.
The SAFc programme is driven by the airline’s commitment to 10% SAF by 2030 on the pathway to Net Zero 2050. The scheme creates a broader industry coalition that can provide further proof of the demand and support needed to scale a UK SAF industry which is key to decarbonising aviation.
Virgin Atlantic’s first UK SAF supply of 2.5 million litres of Neste Oyi neat SAF delivered into London Heathrow in 2022 is fuelling the programme. This is an important milestone as the airline scales it’s use and commitment to SAF in the UK.
Virgin Atlantic and Virgin Atlantic Cargo are committed sustainability leaders. The airline operates one of the youngest and fuel efficient commercial fleets across the Atlantic and has over fifteen years of supporting SAF development, including ambitions to fly the world’s first 100% SAF transatlantic flight later this year.
Three Italian cities, Cagliari, Naples and Palermo have placed their trust in CAF to make resolute progress in their sustainable urban transport transformation initiatives. The CAF Group will supply electric buses to Cagliari in Sardinia, metro units to Naples and tram units to Palermo, the capital of Sicily. These contracts are testament to CAF’s strong value offer as a supplier of a wide range of zero-emission urban transport solutions. The total of the three aforementioned contracts amounts to a value of over 150 million euros.
DHL (OTC: DHLGY) Express, the world’s leading provider of express shipping services, has announced the grand opening of its Americas region hub based at the Hartsfield-Jackson Atlanta International Airport (ATL). With a focus on sustainability, the $84.5 million investment further strengthens the company’s connections and service capabilities between the U.S. and key global markets, increasing capacity, speeding transit times, and adding resilience to its network.
Spanning 100,000 square feet, the state-of-the-art hub establishes direct connections between 19 cities in the Southeastern U.S. and key global markets, including Europe and major DHL hubs worldwide. Future plans involve adding flight connections to Hong Kong, Mexico, the UK, and Puerto Rico.
The DHL Atlanta Hub also sets new standards for sustainability, generating up to 50% of its on-site energy consumption through 65,000 sq. ft of rooftop solar panels, preventing the release of 380 metric tons of CO2 emissions annually. The remaining energy consumed on-site is sourced from renewable sources through Renewable Energy Certificates (RECs), guaranteeing zero emissions from electricity consumption. Moreover, the hub employs environmentally conscious features such as LED lights, electric forklifts, dock seals, and rapid rise doors, further minimizing its environmental impact.
The Atlanta hub operates as a fully automated facility, equipped with cutting-edge technology capable of sorting up to 20,000 pieces per hour. To ensure swift clearance of DHL customer shipments, the hub employs in-house Customs brokers and collaborates with on-site U.S. Customs and Border Protection personnel. Additionally, DHL implements advanced threat detection and security screening technologies, effectively preventing the entry of illegal and hazardous commodities into its network.
Stadler and Azienda Transporti Milanesi S.p.A. (ATM) have signed another framework agreement for the supply of up to 50 TRAMLINK trams for the city of Milan. In a first call-off, ATM has ordered 14 high-capacity vehicles that will be financed with the PNRR (National Recovery and Resilience Plan) fund. The fourteen vehicles will be delivered before 30 June 2026.
The medium-capacity TRAMLINKs are similar to the tramways to be delivered under the framework agreement signed in 2020 and that Stadler is currently manufacturing. They have three modules and are about 25 m long. ATM has already ordered 60 out of the 80 vehicles covered by this framework agreement. The first unit arrived in Milan on 1 December 2022 and, currently, is performing tests on the city’s tram network.
The high-capacity version of the TRAMLINKs is based on the above but features five modules and a length of 35 m. They are bi-directional and have an attractive open interior equipped with two specific areas for wheelchair users. The barrier-free low floor and four doors per side allow passengers to board and alight easily and quickly thus reducing stopping time. In addition, the innovative bogies allow the trams to run smoothly in the narrow curves. This significantly reduces noise to the benefit of passengers and residents.
Particular attention has been paid to the safety of passengers, drivers and pedestrians. The ergonomically designed driver’s cab maximizes the driver’s visibility. Additionally, the TRAMLINK is equipped with an anti- collision device that can intervene when it detects a potential collision situation with pedestrians, cars or other obstacles. No blind spot cameras guarantee the security throughout the whole vehicle. The excellent dynamics as well as the high levels of safety and comfort improve the travel experience.
Tokyo, Japan June 1, 2022 – Airbus Helicopters in Japan and Japan’s leading helicopter operator Nakanihon Air (NNK) have jointly performed the country’s first ever helicopter flight powered with sustainable aviation fuel (SAF). NNK’s H215 helicopter conducted a 30-minute flight at Nagoya Airport in Aichi Prefecture today.
The aircraft was fueled with 600 litres of “SUSTEO 10”, a renewable jet fuel produced by Japan’s first biofuel manufacturer Euglena, which has met the specifications of both international and Japanese standards of diesel fuels ASTM D1655 and JIS K 2204 respectively. SUSTEO contains 10% of SAF mixed with Jet A-1.
The twin-engine, heavy-lift H215 is a member of the Super Puma helicopter family, known for its high availability rate, performance, and competitive operating cost.
Today, all Airbus helicopters are certified to fly with up to a 50% blend of SAF mixed with kerosene, with the aim to reach 100% SAF in coordination with engine manufacturers. An Airbus H225 performed the first ever helicopter flight with 100% SAF powering one of the Safran Makila 2 engines in 2021. Helicopter operations with 100% SAF would translate to a reduction of 80% of CO2 emissions.
Airbus Helicopters has launched a SAF User Group dedicated to the rotary-wing community, in a bid to drive the deployment of biofuels. The company has also started using SAF for training and test flights at its French and German sites.
São José dos Campos, SP, Brazil – May 31, 2022 – Eve Holding, Inc. (NYSE: EVEX), a leader in the development of next-generation Urban Air Mobility (“UAM”) solutions and a carve-out from Embraer S.A. (NYSE: ERJ), announced today that it has chosen Porsche Consulting, Inc. to help define the eVTOL (electric vertical take-off and landing) supply chain, global manufacturing and logistics macro strategy.
Considering advanced manufacturing research and innovation, the companies will combine their aeronautic and automotive expertise to support Eve’s implementation plan. The master services agreement that has been entered into by and between the companies includes studies on industrial operation, logistics, supply chain and parts distribution in an unprecedented approach optimized for efficiency, productivity and safety.
The study will address scalability and distributed production as the UAM market evolves to meet projected demand. While digital transformation generates new possibilities for the industry’s use of more agile technologies focusing on business and sustainability goals, comprehensive network solutions are under consideration to meet unique industry needs.
The three unit FLIRT Akku used for the record journey has been developed by Stadler since 2016 as a local CO2 neutral mobility solution for the climate-friendly operation of unelectrified railway routes. The vehicle was approved by the German Federal Railway Office and introduced to the public for the very first time in 2018. Ever since when the FLIRT Akku test carrier has travelled around 15,000 kilometers in battery only operation, before setting the world record for a regional train journey in battery-only mode without additional charge now.
Climate friendly bestseller FLIRT
The first Fast Light Intercity and Regional Train was developed in 2002 at the request of the Swiss Federal Railways SBB for the Zug city railway. Ever since the unit was put into service, the FLIRT has turned into an international bestseller with over 2,000 vehicles sold. These vehicles are being operated in 20 countries in virtually all climate zones, from the equator to the polar circle, with 528 of them operating in Germany alone. The single-decker regional and intercity multiple unit convinces with its flexibility in the process. The trains are configured for normal and broad gauge tracks, with top speeds of 160 to 200 km/h. Thus, the FLIRT can be customized to any individual client requirements in terms of its drive technology, number of seats, passenger flow and interior design. The lightweight aluminum construction and common components help to keep the operating, energy and maintenance costs low. Besides electric, diesel or bi-modal drives, the FLIRT is also available with climate-friendly battery and hydrogen propulsion.
With the FLIRT Akku train sets, Stadler has developed a so called BEMU (battery-electric multiple unit) that will run as both a classic EMU (electric multiple unit) under overhead contact cable or battery-operated on un-electrified routes. This makes it optimal for partly electrified routes that currently still need to be served with diesel trains. Stadler had already won the first green technology tender in Germany and sold 55 FLIRT Akkus to NAH.SH, the Schleswig-Holstein Local Transport Association in 2019. In November 2021, another order for 44 vehicles followed from Deutsche Bahn Regio. In addition Stadler is also building the first hydrogen-powered FLIRT for the San Bernardino County Transportation Authority (SBCTA) in the USA.
