Category: Joint Venture News (Page 10 of 34)

Embraer E195-E2 receives steep approach certification for London City Airport

November 11, 2023 / WIL BALDWIN

Sao Jose Dos Campos, Brazil, November 10, 2023 – The Embraer SA (NYSE: ERJ) most advanced jet aircraft the E195-E2, has received certification for Steep Approach into London City Airport from EASA (European Aviation Safety Agency). This achievement is a significant development, allowing airlines to operate the E195-E2 at London City Airport (LCY), known for its challenging approach and short runway. Together with the E190-E2, which received Steep Approach certification in 2021, both members of the E2 family are now approved for operations from LCY.

The certification process highlighted the E195-E2’s impressive noise reduction among new generation single-aisle aircraft. It surpasses the requirements of ICAO’s strict Chapter 14 regulation, thereby offering a significantly quieter flying experience compared to the previous E195 model. The E195-E2’s noise footprint at take-off is around 60% smaller than current jet aircraft, such as the E190, and will bring benefits to local residents in terms of noise reductions. The E195-E2’s environmental performance extends beyond noise reduction. The aircraft delivers reduced emissions and improved fuel efficiency compared to previous generation aircraft. In 2022, Embraer and Pratt & Whitney demonstrated a successful test flight of an E195-E2 aircraft using 100% Sustainable Aviation Fuel (SAF), which could push the emissions reduction up to 85% in future.

During a proving flight, the E195-E2 first landed at the airport in July 2022. LCY, London’s most central airport, caters to both business and leisure passengers, offering quick access to continental Europe, making it a preferred choice for short-haul flights. The airport is a vital component of London’s wider connectivity and Embraer aircraft are uniquely able to manage the challenges of LCY operations, with Embraer aircraft accounting for a large proportion of LCY operations on routes as diverse as Edinburgh and Mykonos. To serve LCY, aircraft must comply with the steep approach, short runway, and stringent noise regulations. The E195-E2 could replace the current E190 fleet that existing airlines currently operate at LCY.

Forward-Looking Statements

This press release 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.

ITA Airways receives its first Airbus A321neo

November 11, 2023 / WIL BALDWIN

Hamburg, Germany, November 10, 2023 – ITA Airways has taken delivery of its first Airbus Group SE (Paris: AIR) A321neo on lease from Air Lease Corporation (NYSE: AL) from Airbus’ Hamburg production facilities.

This latest addition further consolidates ITA Airways’ all-Airbus fleet strategy, which currently stands at 81 aircraft, and includes latest generation A220, A320neo, A330neo and A350 aircraft.

ITA Airways’ A321neo, which will serve the airline’s medium haul routes, is fitted with a three class configuration including 12 Business Class full flat beds with direct aisle access, 12 Premium Economy seats in 4-abreast, and 141 Economy seats of which 12 are dedicated to Comfort Economy.

ITA Airways’ A321neo aircraft features Airbus’ Airspace cabin design, which includes new XL overhead bins and customised interior lighting based on the latest full-LED technologies to help reduce jet lag. In addition, to enhance the passenger experience, each seat is equipped with the latest generation in-flight entertainment system with individual screens and on-demand content.

Forward-Looking Statements

Korean Air now using RTX to improve predictive maintenance

November 8, 2023 / WIL BALDWIN

Collins Aerospace Ascentia^® tool to be installed on Korean Air 787 Fleet

Charlotte, North Carolina, November 8, 2023, PRNewswire – Collins Aerospace, an RTX business (NYSE: RTX), announced today that its Ascentia^® Prognostic and Health Management (PHM) solution has been selected by Korean Air Lines Co. (Seoul: 003490) for use on its growing Boeing (NYSE: BA) 787 fleet.

The cloud-based solution uses advanced data analytics and machine learning algorithms to help airlines improve maintenance operations and increase aircraft reliability. Analyzing flight data and maintenance records in real-time allows Ascentia to help predict potential maintenance issues and provide recommendations for corrective actions, improving aircraft availability and reducing unscheduled downtime.

Collins Aerospace’s Ascentia solution is currently in use by several major airlines around the world. Equipping KAL’s Boeing 787 fleet with Ascentia represents a significant milestone as Collins Aerospace expands its presence in the Asia-Pacific region.

Forward-Looking Statements

Eve names avionics, flight controls and thermal management system suppliers

November 6, 2023 / WIL BALDWIN

Melbourne, Florida, November 6, 2023 – Eve Air Mobility (NYSE: EVEX) named three new suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Garmin (NYSE: GRMN), will supply the avionics for the aircraft while Liebherr-Aerospace will supply the flight controls actuators. Intergalactic will provide the thermal management system.

Garmin will supply the G3000 Integrated Flight Deck for Eve’s eVTOL which features large-format, light weight, high-resolution glass displays integrating seamlessly with Eve’s vehicle management and flight control systems. Tailored for the needs of eVTOL aircraft, the flight deck’s intuitive touchscreen interface reduces pilot workload by providing direct access to a full suite of avionics capabilities including an integrated flight management system, NAV/COM radios, transponder, audio management and access to a breadth of applications including checklists, charts, synoptics, and full-featured maps.

Liebherr will develop electromechanical actuators (EMA) for the fly-by-wire flight controls of Eve’s eVTOL. Liebherr is well known for their expertise in the manufacturing of precision gears and dependable actuation, crucial for this type of technology. The actuators will be powered by the aircraft’s electrical system and the technology will ensure high performance, configurability and easier maintenance.

Intergalactic will provide the thermal management system which will maintain an optimal temperature range for equipment including batteries and other electronic components. The system will also help ensure a comfortable temperature inside the cabin of the aircraft.

Forward-Looking Statements

Alstom and partners celebrate Edmonton Valley Line Southeast LRT

November 6, 2023 / WIL BALDWIN

November 6, 2023 – Alstom SA (Paris: ALSO), global leader in smart and green mobility, celebrates the November 4 launch of the new Edmonton Valley Line Southeast LRT. This project was delivered by TransEd, a consortium comprised of Alstom, along with Bechtel, EllisDon and Fengate, contributing to the enhanced connectivity of Edmonton’s residents today and for the future. The city is expecting it to serve about 30,000 riders per day.

Under this partnership, Alstom played a pivotal role in the design, supply, installation and testing and commissioning of the LRVs, signalling, communications, power supply and distribution, overhead catenary system, and related depot equipment. This Turnkey project is a Public-Private Partnership (P3) that includes a now completed Design-Build stage, and an operation and maintenance (O&M) commitment extending until 2050.

Alstom also assumes a majority share in the joint venture responsible for the O&M of the system for TransEd. This includes maintaining the complete fleet, tracks, catenary, stations, maintenance facility and all other elements of the system, as well as all aspects of operating the fleet including crew training and dispatching, control room management, customer service and passenger experience. A team of more than 125 experts is devoted to delivering exceptional services to the Edmontonians. Notably, this represents the first LRT system where Alstom is involved in the complete O&M scope of the system.

The 26 Flexity LRVs, each capable of carrying up to 275 passengers along the 13 km system, offer a 100 per cent low-floor design, ensuring easy access and a comfortable ride for all passengers. Step-free boarding is an important part of this enhanced passenger experience for persons with reduced mobility, wheelchairs, mobility aids and strollers.

Alstom takes pride in designing and assembling these vehicles in Canada, creating good-paying Canadian jobs. With 4,500 employees in Canada, including those in Edmonton, Alstom is committed to delivering safe and reliable mobility solutions while actively fostering local supply chains and regional economies.

Forward-Looking Statements

Airbus Helicopters and Naval Group test unmanned aerial system

October 31, 2023 / WIL BALDWIN

Marignane, France, October 31, 2023 – Airbus Group SE (Paris: AIR) Helicopters and Naval Group, in collaboration with the French Armament General Directorate, DGA (Direction génerale de l’armement), and the French Navy, have tested the SDAM demonstrator (Système de Drone Aérien Marine/ Naval Aerial Drone System) from a multi-mission frigate (FREMM). The trials took place on board the French Navy frigate, Provence, in the Mediterranean Sea between the 2nd and the 9th of October. The vessel had previously been adapted by Naval Group to operate the SDAM. These sea trials were arranged to demonstrate the system’s high performance from an operational warship and the SDAM’s capabilities for surveillance and intelligence missions.

The derisking study for the SDAM programme was awarded to Airbus Helicopters and Naval Group by the DGA. The objective is to design, produce and test a rotary wing unmanned aerial system demonstrator for the French Navy. The system works with the Airbus Helicopters VSR700 unmanned aerial system and the I4Drones® mission system developed by Naval Group. Naval Group has also been tasked with the integration of the system onboard military vessels. The project also involves French SMEs like Hélicoptères Guimbal and Diades, contributing to the creation of a local naval UAS industry in France.

Forward-Looking Statements

Alpha Trains adds 12 new Stadler EURO9000 locomotives to fleet

October 28, 2023 / WIL BALDWIN

Alpha Trains and Stadler Rail AG (Swiss: SRAIL) have signed a contract for the purchase of 12 EURO9000 locomotives. This is the first order of this latest generation of six-axle hybrid multi-system locomotives by Alpha Trains. Scheduled for delivery in 2025 and 2026, these state-of-the-art locomotives will be built at Stadler’s factory in Valencia, Spain.

The project is funded with a total of 15 million Euros by the German Federal Ministry for Digital and Transport (BMDV) as part of the BMDV’s rail funding guideline. The funding guideline is coordinated by NOW GmbH and implemented by Project Management Jülich (PtJ).

The multisystem electric EURO9000 locomotives are also equipped with diesel power units. They enable rail freight operations on AC and DC electrified lines and on non-electrified track sections, even on international routes with mixed traffic. With their advanced traction capabilities and their high-performance, they are ideal for a wide range of freight services and perfectly complement Alpha Trains’ large and diverse portfolio. By investing in efficient and innovative alternative propulsion vehicles, Alpha Trains is helping to reduce diesel consumption and thus improves the sustainability of rail freight.

Luxembourg, Historical city center in the morning, Aerial View

SkyWest orders 19 Embraer E175 aircraft for United Airlines operations

October 26, 2023 / WIL BALDWIN

Sao Jose dos Campos, Brazil, October 26, 2023 – Embraer (NYSE: ERJ) has agreed to the sale of 19 new E175 jets to SkyWest, Inc. (NASDAQ: SKYW) for operation in the United Airlines (NASDAQ: UAL) network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a Capacity Purchase Agreement (CPA). The value of the contract, which has been included in Embraer’s Q3 backlog, is US$1.1billion, based on list price.

The 70-seat aircraft will be delivered in a three-class configuration. Deliveries will begin Q4 2024.

About Embraer

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

RTX, Rafael plan new missile production facility in Camden, Arkansas

October 26, 2023 / WIL BALDWIN

East Camden, Arkansas, October 26, 2023, PRNewswire – Raytheon, an RTX (NYSE: RTX) business, in partnership with Rafael Advanced Defense Systems, will build a manufacturing facility in East Camden, Arkansas to produce the Tamir missile for the Iron Dome Weapon System and its U.S. variant, SkyHunter^®.

Through the established Raytheon-Rafael Area Protection Systems joint venture, the companies have committed to a $33 million capital investment to establish the new facility. Once operational, the facility will produce missiles for the U.S. Marine Corps and other allied partners.

Raytheon and Rafael have teamed for over a decade on Iron Dome, which has more than 5,000 operational intercepts and a success rate exceeding 90%. The U.S. version of the Iron Dome Weapon System’s Tamir, SkyHunter, is a medium-range air defense weapon designed to counter a range of threats, including cruise missiles, manned and unmanned aircraft, rockets, artillery and mortars. SkyHunter missiles will be produced for the U.S. Marine Corps Medium Range Intercept Capability, or MRIC, program.

The joint venture plans to break ground on the new facility before the end of the year with the intent to begin missile production in 2025.

Lufthansa City Airlines to start flight operations in Summer 2024

October 25, 2023 / WIL BALDWIN

October 25, 2023 – Deutsche Lufthansa AG (Xetra: LHAG) newly established City Airlines will start flight operations in the summer of 2024. The airline was founded last year and received its Air Operator Certificate (AOC) from the German Federal Aviation Authority back in June. It will operate its flights from the Munich and Frankfurt hubs and thus also offer feeder flights for Lufthansa. City Airlines will operate alongside Lufthansa CityLine. Recruitment of operational staff will begin in November 2023, with pilots and cabin crew members needed for the launch.

The competitive strengthening of the short-haul network is essential for the market position of Lufthansa Group and for the planned growth of the long-haul segment in the German market.

In order to position City Airlines for the long term, English-speaking pilots are also being considered in the recruitment process for cockpit roles. Applicants with prior experience will be given preference during hiring. For Group employees interested in switching to City Airlines, offers with voluntary switching conditions can be negotiated. This includes Lufthansa CityLine staff in particular.

Talks with the social partners to agree on conditions for competitive and secure jobs have already begun.

Lufthansa customers and passengers can look forward to a Lufthansa customer experience on board City Airlines aircraft. While City Airlines will start operations with Airbus A319 aircraft, Lufthansa Group is currently also evaluating the possibility of using Airbus A220 or Embraer aircraft.

Archives