Category: Joint Venture News (Page 24 of 34)

Adapted Alstom Euroduplex Trains for Spanish Network Brought into Service

May 11, 2021 / WIL BALDWIN

Four Avelia Euroduplex trains from the SNCF fleet will enter commercial service on Monday 10 May 2021 on the Madrid-Barcelona route. They will be operated by OUIGO España, a local subsidiary of SNCF. The trains have been converted by Alstom and SNCF to run on the Spanish high-speed rail network.

Following on from these first four trains, 10 other trains are currently being converted by Alstom to serve several high-speed routes in Spain: initially, the Madrid-Valencia and Madrid-Alicante routes and subsequently, Andalusia (Madrid-Seville and Madrid-Malaga). OUIGO España will thus have a fleet of 14 trains for 5 destinations departing from Madrid: Barcelona, Valencia, Alicante, Seville, and Malaga.

During the conversion process of the trains, Alstom developed and deployed on-board signalling equipment architecture, necessary for rail traffic safety and performance, based on its digital ERTMS[1] solution Atlas. This solution ensures that Avelia Euroduplex trains are compliant and can be approved for Spanish infrastructures.

Singapore Airlines Raises S$2 Billion from Sale-and-Lease Back Transactions

May 10, 2021 / WIL BALDWIN

Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, raising approximately S$2.0 billion in total.

The transactions were arranged by four different parties, as follows:

Lease Arranger	Aircraft
Aergo Capital Limited	1 Airbus A350-900 1 Boeing 787-10
Altavair	4 Airbus A350-900s
EastMerchant / Crianza Aviation	1 Airbus A350-900 2 Boeing 787-10s
Muzinich and Co. Limited	1 Airbus A350-900 1 Boeing 787-10
Total	11

SIA has successfully raised approximately S$15.4 billion in fresh liquidity since 1 April 2020, including these sale-and-leaseback transactions. The amount also includes S$8.8 billion from SIA’s successful rights issue, S$2.1 billion from secured financing, S$2.0 billion via the issuance of convertible bonds and notes, as well as more than S$500 million through new committed lines of credit and a short-term unsecured loan.

SIA continues to have access to more than S$2.1 billion in committed credit lines, along with the option to raise up to S$6.2 billion in additional mandatory convertible bonds before the Annual General Meeting in July 2021.

During this period of high uncertainty, as the airline industry continues to navigate the unprecedented challenges caused by the Covid-19 pandemic, the SIA Group will continue to explore additional means to raise liquidity as necessary.

Mr Goh Choon Phong, Singapore Airlines Chief Executive Officer, said: “The additional liquidity from these sale-and-leaseback transactions reinforces our ability to navigate the impact of the Covid-19 pandemic from a position of strength. We will continue to respond nimbly to the evolving marketing conditions, and be ready to capture all possible growth opportunities as we recover from this crisis.”

Embraer and Breeze Airways Announce Pool Program Agreement

May 10, 2021 / WIL BALDWIN

Embraer (NYSE: ERJ) has announced that it has signed a long-term Pool Program Agreement with the U.S. carrier Breeze Airways to support a wide range of repairable components for the airline’s E190s and E195s fleet. The agreement includes full repair coverage for components and parts, as well as access to a large stock of components at Embraer’s distribution center, which will support the start of the airline’s operation.

The program will provide the most efficient and reliable solutions to Breeze’s E-Jets fleet. The airline will benefit from the availability of spare parts, enjoy significant savings on repair and service costs, and maintain a profitable operation. Currently, the Pool Program supports more than 50 airlines worldwide.

Embraer’s Flight Hour Pool Program is designed to allow airlines to minimize their upfront investment on high-value repairable inventories and resources and to take advantage of Embraer’s technical expertise and its vast component repair service provider network. The results are significant savings on repair and inventory carrying costs, reduction in required warehousing space, and the virtual elimination of the need for resources required for repair management, while ultimately providing guaranteed performance levels.

Boeing Expands Capacity for 737-800BCF to Meet Strong Customer Demand

May 6, 2021 / WIL BALDWIN

SEATTLE, Washington May 5, 2021— As express and e-commerce markets continue to drive strong demand for production and converted freighters, Boeing [NYSE: BA] today announced a new partnership with a Costa Rica-based maintenance, repair and overhaul (MRO) provider to create additional conversion capacity for the 737-800 Boeing Converted Freighter.

Boeing will open two 737-800BCF conversion lines with Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Alajuela, Costa Rica. The first of the new conversion lines is expected to open in early 2022, with the second anticipated later that year. Boeing forecasts 1,500 freighter conversions will be needed over the next 20 years to meet growing demand. Of those, 1,080 will be standard-body conversions, with nearly 30% of that demand coming from North America and Latin America.

Currently, Boeing converts 737-800 passenger airplanes to freighters at three locations: Boeing Shanghai Aviation Services (BSAS) in Shanghai, China; Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) in Guangzhou, China; and Taikoo (Shandong) Aircraft Engineering Co. Ltd. (STAECO) in Jinan, China.

To date, the 737-800BCF has won more than 180 orders and commitments from 15 customers on four continents. In March, Boeing re-delivered the 50^th 737-800BCF since entering into service in 2018.

Embraer Signs Heavy Maintenance Services Agreement with CommutAir

April 28, 2021 / WIL BALDWIN

Orlando, FL, April 28, 2021 – Today at MRO Americas, a leading aeronautical maintenance event, Embraer announced that CommutAir, a United Express carrier, has selected Embraer Aircraft Maintenance Services (EAMS) in Macon, Georgia, as one of its primary heavy maintenance providers for the airline’s fleet of ERJ 145 aircraft. The multi-year agreement includes airframe maintenance, modifications and repair services provided by Embraer’s portfolio of solutions.

In July 2020, CommutAir became the sole regional partner to operate the ERJ 145 for United Airlines. CommutAir maintains the largest ERJ 145 fleet in the world with 168 aircraft.

CommutAir is a regional airline operating flights on behalf of United Airlines as United Express. With our fleet of Embraer 145 aircraft, we operate roughly 200 daily flights, connecting people and communities to the world via United’s global network. Headquartered in Cleveland, we have hubs in Denver, Houston, Washington Dulles, and Newark, with a maintenance base in Albany, New York. We are looking for individuals to join our 1,300 diverse professionals who work together to deliver safe, caring, dependable, and efficient service.

Rolls-Royce to Design and Manufacture Propellers for U.S. Navy FFG-62 Frigates

April 27, 2021 / WIL BALDWIN

Rolls-Royce has reached agreement with Fincantieri Marinette Marine to design and manufacture up to 40 fixed-pitch propellers for the U.S. Navy’s Constellation-class (FFG-62) guided missile frigate program. Fincantieri was awarded the shipbuilding contract from the U.S. Department of Defense (DoD) in April 2020, to design and build the first FFG-62 class frigate. The program of record is for a total of 20 ships, with the first to be delivered to the U.S. Navy in 2026.

The first set of propellers (two per ship) is scheduled to be delivered to Fincantieri in 2023. The propellers will be manufactured in Rolls-Royce’s recently upgraded Pascagoula, Mississippi foundry and will be some of the first work to utilize the newly installed state-of-the-art equipment and renovated facility; funded through investments from the DoD, Rolls-Royce, Jackson County (MS) and the state of Mississippi.

Each propeller for the FFG-62 class frigate weighs more than an average passenger bus. The Rolls-Royce Pascagoula Foundry is one of only two facilities in the country qualified to cast propellers of this size for the U.S. Navy. In fact, ninety-five percent of the commissioned U.S. Navy surface fleet is equipped with Rolls-Royce propellers.

Naval components manufactured by Rolls-Royce at Pascagoula include controllable-pitch propeller systems, fixed-pitch propellers, and water jets.

Gegenstand der Prüfungen sind ebenso Funktion und Wechselwirkung der Stromabnehmer mit der Stromschiene Berliner Bauart sowie die fehlerfreie Erkennung von Stromschienenlücken und die Aufrechterhaltung des elektrischen Fahrzeug-Bordnetzes innerhalb von Trennstellen in der Berliner Infrastruktur. Tests are conducted on the functioning and interaction of the current collectors with the Berlin S-Bahn power rail, the accurate detection of power rail gaps, and the capability to maintain electrical system operation while crossing section interfaces in the Berlin infrastructure.

Stadler Assessment of the First 100 Days of New Berlin and Brandenburg S-Bahn Trains

April 19, 2021 / WIL BALDWIN

Berlin’s new S-Bahn trains are a hundred days old, yet already proving highly reliable. The new 483/484 series has passed its baptism of fire and also proved itself during the spell of cold winter weather in February: The trains successfully defied snow, ice, and wind.

The first train punctually entered service at 0.01 a.m. on New Year’s. Since then, the ten pre- series trains have been running on Line S47 (Spindlersfeld – Hermannstraße) and have replaced the old 485 series trains.

With the new trains, S-Bahn Berlin not only offers its passengers greater comfort, but also provides more capacity for our customers. When all the 21 two-car units and 85 four-car units ordered from Siemens Mobility and Stadler have been delivered by the end of 2023, a total of 106 new quarter trains will be in operation.

Beginning this summer, the first series trains will be delivered and join the 483/484 fleet once they have been accepted.

Embraer Modular Airplane Concept Receives International Design Award

April 7, 2021 / WIL BALDWIN

Évora, Portugal, April 6, 2021 – The Embraer (NYSE: ERJ) FLEXCRAFT, a modular and remotely piloted aircraft concept, which allows quick reconfiguration of the cabin for multiple missions, won the International Design Awards (IDA) in the Transport Design category.

With the ability to land and take off on short lanes and use alternative energy sources, the concept seeks to foster ideas for transforming the future of air mobility, combining the human, technological, social and economic perspectives in a sustainable manner. IDA highlighted the passenger experience through the flexibility of fuselage design and new technologies.

The futuristic project was the result of a Portuguese consortium led by Sociedade de Engenharia e Transformação, SA (SET.SA) that brought together Embraer Portugal, Instituto Superior Técnico (IST), Almadesign, Instituto de Ciência e Inovação em Engenharia Mecânica e Engenharia Industrial (INEGI), plus the support from Embraer SA (Brazil). The initiative was funded by the Portugal 2020 program, under the Operational Program Competitiveness and Internationalization through the European Regional Development Fund.

The scientific research aimed to raise the critical technologies of this concept in an integrated way, such as configuration, flexibility solutions and production and material processes. Through the FLEXCRAFT project, it was possible to evaluate the development of new production processes, eco-efficient technologies, and the integration of new materials, among other research fronts.

Delta and WestJet Launch Enhanced Elite Reciprocal Loyalty Benefits

March 18, 2021 / WIL BALDWIN

Delta Airlines (NYSE: DAL) and partner WestJet today launched enhanced elite reciprocal loyalty benefits for Delta Medallion members and WestJet Rewards members traveling with either airline. The ability to earn miles has been available since 2014 and the ability to use miles and WestJet dollars on either airline has been available since 2016. These enhancements are part of a shared goal to improve and deepen the advantages for customers when traveling between the carriers.

Subject to the customer’s status or tier, loyalty customers will now receive priority boarding and check-in, lounge access, preferred seats with the seat selection fee waived and additional checked baggage allowance with priority drop-off and handling through the journey. Loyalty customers can also take advantage of priority security check at airports where the service is available.

The airlines already have an extensive codeshare relationship with the ability to view partner-branded products with real-time availability and purchase tickets in all booking channels. Delta and WestJet customers can also book and pay for seats on any codeshare flight after buying their ticket on delta.com or westjet.com.

“Over the past decade, WestJet and Delta have been working together to serve the needs of our guests on both sides of the border,” said WestJet’s John Weatherill, Chief Commercial Officer. “Once travel has safely resumed, these newly launched loyalty enhancements will be ready for frequent flyers of both airlines to enjoy anywhere in the world they travel with Delta and WestJet.”

Both airlines are dedicated to customer care and peace of mind for travelers and employees across every point in the journey during the COVID-19 pandemic. That’s why, through the Delta CareStandard and WestJet’s Safety Above All, a range of measures have been put in place to deliver a safer, cleaner experience – including enhanced sanitization of aircraft, more frequent cleaning of high-touch surfaces and facilities, the deployment of high-efficiency air filters onboard and face mask requirements.

Delta and WestJet advise customers to check the entry requirements at their destination prior to travel. To make the travel planning experience easier, Delta has created an interactive travel map to help customers understand where Delta flies and the latest travel requirements or restrictions at their destination, including more information on the U.S. Centers for Disease Control requirement that customers entering or transiting the U.S. must present a negative COVID-19 test result. As travel needs continue to change, WestJet is providing up-to-date information on the schedule and network, entrance requirements, safety enhancements and testing on its COVID-19 page.

Emirates and TAP Air Portugal Sign MOU to Expand Strategic Partnership

March 17, 2021 / WIL BALDWIN

Dubai, UAE, March 2021 – Emirates and TAP Air Portugal has signed a Memorandum of Understanding (MoU) to expand the codeshare partnership currently in place between both airlines. The new agreement will see customers of both airlines benefit from seamless connectivity on many new routes across the Americas, North Africa and East Asia. Emirates and TAP Air Portugal will also explore ways to enhance the co-operation on their respective frequent flyer programmes including reciprocal earning and redemption opportunities and popular benefits such as lounge access.

In addition, both airlines plan on supporting each other’s stopover programmes in Dubai and Lisbon, with Emirates also supporting TAP Air Portugal as it looks at potential expansion opportunities in the UAE.

Subject to required regulatory approvals, the expanded agreement is expected to come into effect from 01 May 2021, will provide customers with seamless booking, ticketing and travel benefits across 70 destinations on both airlines’ networks.

Under the expanded partnership, TAP Air Portugal will place its code on Emirates’ flights to popular East Asia destinations such as Taipei, Tokyo, Osaka, Mumbai, Delhi, Dhaka, Male, Jakarta, Denpasar, Manila, Hanoi, as well as Barcelona, and Mexico City.

Emirates customers will be able to seamlessly access additional domestic destinations in Portugal, as well as TAP Air Portugal’s flights to cities in the USA, Canada, Mexico, Brazil, Senegal, Guinea-Bissau, Guinea-Conakry, Morocco, Tunisia, Gambia, and Cape Verde.

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