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Category: China News (Page 2 of 15)

Airbus delivers first aircraft from new final assembly line in Toulouse, France

December 28, 2023 /

Toulouse, France, December 27, 2023 – Airbus Group SE (Paris: AIR) has successfully delivered its first Airbus A321neo assembled at its newest A320 Family Final Assembly Line (FAL) in Toulouse.

The A321neo, which will be operated by Pegasus Airlines, the leading low-cost carrier (LCC) in Turkey, is the first delivery from Airbus’ latest state-of-the-art production facility. Located in the former A380 “Jean-Luc Lagardere” building, the assembly line reflects Airbus’ commitment to modernise and meet the growing global demand for the A321neo, which now accounts for nearly 65% of Airbus’ A320 Family order backlog.

Pegasus Airlines’ current Airbus fleet stands at 93 aircraft, including 6 A320ceo, 46 A320neo and 41 A321neo. The airline also has 68 A321neo’s on order.

The delivery of the aircraft to Pegasus Airlines marks the start of the ramp-up of the new Toulouse FAL, which together with the other A320 Family FALs in Hamburg, Germany, Mobile, Alabama, USA, and Tianjin, China will contribute to Airbus’ objective of producing 75 A320 Family aircraft per month in 2026.

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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Hahn Air partners with Air Moana

December 25, 2023 /

Hahn Air welcomes Air Moana in its leading partner portfolio. Its flights are available in major GDSs under the Hahn Air Technologies X1 code. Travel agents in 190 markets worldwide can book the domestic airline from French Polynesia via the standard reservation process and issue tickets on the insolvency-safe HR-169 document.

Air Moana is a domestic carrier based at Papeete Faa’a Airport (PPT) in French Polynesia. It was founded in 2021 and it currently serves seven destinations with a fleet of two ATR72-600 aircraft.

More information about Air Moana and other Hahn Air partners is available under Partner Carriers.

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Boeing and Avolon sign new order for 40 737 MAX aircraft

December 12, 2023 /

Seattle, Washington, December 12, 2023, PRNewswire – Boeing (NYSE: BA) and Avolon announced the Ireland-based lessor intends to purchase 40 more 737-8 airplanes to expand the lessor’s 737 MAX portfolio – consisting of 737-8 and 737-10 variants – to more than 110 jets. Avolon also ordered 40 737-8’s in June.

The new order is subject to shareholder approval by Bohai Leasing Co, Ltd (Shenzhen: 000415), Avolon’s main shareholder, and will be posted to Boeing’s Orders and Deliveries website when finalized.

The 737 MAX provides Avolon’s customers with greater flexibility across their network, while reducing fuel use and emissions by up to 20%. On average each airplane will save up to 8 million pounds of CO2 annually compared to airplanes it replaces.

The 737-8, with seating for 162 to 210 passengers depending on configuration anda range of up to 3,500 nautical miles, is the market’s most versatile single-aisle airplane, capable of operating profitably on both  short and medium haul routes.

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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Cathay Group orders Airbus A350F freighter

December 8, 2023 /

Toulouse, France, December 2023 – Hong Kong’s Cathay Pacific Airways Limited (Hong Kong: 0293) has become the latest carrier to order the all-new Airbus Group SE (Paris: AIR) A350F, following the signature of a purchase agreement for six aircraft. The A350F will join the airline’s cargo division, Cathay Cargo, and will become a central element in its future fleet, bringing new levels of efficiency across its extensive network.

Currently under development, the A350F can carry a payload of up to 111 tonnes and can fly up to 4,700 nautical miles / 8,700 kilometres at significantly lower cost than any other freighter available today. This will enable it to serve all heavy cargo markets, including the world’s biggest freight route between Hong Kong and Anchorage.

Powered by latest technology Rolls-Royce Trent-XWB97 engines, the aircraft will bring a reduction in fuel consumption and carbon emissions of up to 40% when compared with the older 747F and is at least 20% more efficient than its competitor.

The A350F features the largest main deck cargo door in the industry, with fuselage length and capacity optimised around the industry’s standard pallets and containers. Over 70% of the airframe is made of advanced materials, resulting in a 46 tonne lighter take-off weight than the competing derivative. The A350F is also the only freighter aircraft that will fully meet ICAO’s enhanced CO₂ emissions standards, coming into effect in 2027.

 

 

 

Successful live fire demo clears path for Spike NLOS airworthiness release

December 7, 2023 /

Yuma, Arizona, December 7, 2023 – Lockheed Martin Corporation (NYSE: LMT) successfully fired eight Spike NLOS all up rounds (AURs) over the course of five days from the U.S. Apache Echo Model V6 at Yuma Proving Ground in Arizona. The successful live fire event clears the Spike NLOS Long Range Precision Munitions Directed Requirement (LRPM DR) system for Airworthiness Release (AWR) for the U.S. Apache platform, which paves the way for starting to equip the system onto the U.S. Army’s current Apache V6 platforms.

The demonstration featured eight Spike NLOS AURs firing from an Apache platform at a variety of targets, showcasing the system’s different mission set capabilities across multiple scenarios. This demonstration was one of the final steps for the system to receive AWR and allow the Army to begin the fielding Spike NLOS onto its Apache V6 platforms.

In mid-2024, Lockheed Martin will work with the Army to train pilots to use the system on the Apache V6 platforms. The Army expects the Spike NLOS LRPM DR system to be fully integrated onto all 18 Apache Echo Model V6 platforms by September 2024.

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.

 

Siemens and Intel to collaborate on advanced semiconductor manufacturing

December 4, 2023 /

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.

 

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

December 3, 2023 /

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

December 1, 2023 /

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

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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