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Lufthansa and HCS Group sign Letter of Intent on production & supply of Sustainable Aviation Fuel Made in Germany

WIL BALDWIN August 1, 2023

The Lufthansa Group (OTC: DLAKY) and the HCS Group have signed a Letter of Intent (LoI) to partner on the production and supply of Sustainable Aviation Fuel (SAF). From the beginning of 2026, the HCS…

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Finnair redeems its hybrid bond issued in 2020

WIL BALDWIN August 1, 2023

Finnair Plc (OTC: FNNNF) announces that it will exercise its right to redeem its EUR 200 million capital securities issued on 3 September 2020 (ISIN: FI4000441860) (the "Capital Securities"). The Capital Securities will be redeemed…

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Akiem orders 15 locomotives from Siemens increasing fleet to 100 Vectrons

WIL BALDWIN July 31, 2023

Akiem, a leading European rolling stock leasing company, has ordered an additional 15 Siemens (OTC: SIEGY) Vectron AC and Vectron MS locomotives from Siemens Mobility. The order was placed as part of a framework agreement…

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U.S. Airlines to Support NASA-Boeing Sustainable Flight Demonstrator Project

WIL BALDWIN July 27, 2023

OSHKOSH, Wis., July 25, 2023 /PRNewswire/ - Boeing [NYSE: BA] and NASA will collaborate with U.S. airlines to advise the Sustainable Flight Demonstrator (SFD) project and development of the X-66A research aircraft. As part of a new sustainability coalition, Alaska Airlines,…

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Alstom and RAILPOOL sign a contract for 50 Traxx Universal locomotives

WIL BALDWIN July 24, 2023

July 24, 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, and RAILPOOL, one of Europe’s leading rail vehicle leasing companies, have signed a contract for 50 Traxx Universal multi-purpose locomotives. The contract…

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Stadler wins a contract for green battery powered rail transport in Austria

WIL BALDWIN July 22, 2023

Austrian Federal Railways (OBB) has awarded Stadler (Swiss: SRAIL) a framework agreement for up to 120 battery- powered trains. The FLIRT Akku vehicles are designed to replace the current diesel fleet and will enable sustainable…

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Volvo Cars Q2 results shows transformation proceeding full speed ahead

WIL BALDWIN July 20, 2023

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…

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Eve Air Mobility and Embraer Announce First eVTOL Production Location in Brazil

WIL BALDWIN July 20, 2023

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…

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Cabo Verde Airlines Debuts Its First Boeing 737 MAX

WIL BALDWIN July 20, 2023

Praia, Cape Verde, July 20, 2023 - Boeing [NYSE: BA] and Cabo Verde Airlines today celebrated the delivery of the airline’s first fuel-efficient 737 MAX jet with a special event at its home base with…

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Akiem & Alstom sign new framework agreement for 100 Traxx locomotives

WIL BALDWIN July 17, 2023

17 July 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, and Akiem European rolling stock leasing company have signed a framework contract for 100 Traxx Universal multi-system (MS3) locomotives. The firm part of the…