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Category: Joint Venture News (Page 3 of 34)

AirJapan Tokyo to Singapore service starts April 2024

Tokyo, Japan, January 26, 2024 – AirJapan, the new airline brand of ANA Group, will begin service on the Tokyo Narita-Singapore route on Friday, April 26, 2024. Singapore, the third destination for the new AirJapan brand, is not only an attractive tourist destination with a wealth of tourist attractions, but also a global business destination. Changi Airport, one of Asia’s leading airports, offers more convenient access to and from the Southeast Asian region.

AirJapan will contribute to the growth of exchanges between Japan and Singapore, as well as between Japan and Southeast Asia, by providing a “Japanese culture” experience and “high quality and comfort” at an affordable price.

Timed with the scheduled arrival of the second aircraft in April, flights on the Narita-Bangkok route and the Narita-Seoul (Incheon) route that started service in February, will be increased to daily service. Please refer to the AirJapan website for sales dates and details.

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Garmin collaborates with Kawasaki on RIDGE side x sides

Olathe, Kansa, January, 2024, PR Newswire – Garmin (NYSE: GRMN) announced today that it has been selected by Kawasaki Motors Corp., U.S.A., to provide a customized, factory-installed solution for the center console of the all-new 2024 Kawasaki RIDGE® Limited side x sides. Incorporating Garmin technology seen in the popular Tread® navigator series, this display will help guide the adventure by providing seamless navigation and vehicle systems information, such as engine data, alerts, rider settings and more. The device is also built to withstand the rigors of an off-road adventure.

Designed to elevate the off-road experience for powersports enthusiasts, the new Kawasaki RIDGE side x side is engineered with premium components and luxurious cabin features, promising unparalleled comfort and versatility for riders navigating rugged trails, as well as those undertaking essential tasks on their properties.

The display units feature a glove-friendly, 8” ultrabright display with turn-by-turn trail navigation1 that includes OpenStreetMap (OSM) and USFS Motor Vehicle Use Maps for traversing unpaved roads and trails. It comes preloaded with topographic maps, U.S. public and private landowner information and satellite Imagery. Adventure-seekers can also track and keep in touch with friends on the trail through Group Ride Radio features. The integrated displays also provide vehicle information such as RPM, engine temperature, battery voltage, CVT temperature and more.

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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Airbus and Tata to set up first helicopter Final Assembly Line in India

New Delhi, India, January 26, 2024 – In a major boost to ‘Make in India’, Airbus Group SE (Paris: AIR) Helicopters has announced that it is partnering with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will produce Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighbouring countries.

The FAL will be the first instance of the private sector setting up a helicopter manufacturing facility in India, providing a major boost to the Government of India’s ‘AatmaNirbhar Bharat’ (self-reliant India) programme. Under this partnership, Tata Advanced Systems Limited (TASL), a subsidiary of Tata Group, will set up the facility along with Airbus Helicopters.

The announcement was made during the two-day visit of French President Emmanuel Macron to India as Chief Guest at the Republic Day celebrations on January 26.

The FAL in India will undertake the integration of the major component assemblies, avionics and mission systems, installation of electrical harnesses, hydraulic circuits, flight controls, dynamic components, fuel system and the engine. It will also do testing, qualification, and delivery of the H125 to customers in India and the region. The FAL will take 24 months to set up and deliveries of the first ‘Made in India’ H125s are expected to commence in 2026. The location of the FAL will be jointly decided by Airbus and the Tata Group.

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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Archer Aviation and NASA sign Space Act Agreement on EVTOL Technology

New York City, January, 2024 – Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has signed a Space Act Agreement with the National Aeronautics and Space Administration (NASA). The collaboration will kick off with an initial project focused on studying high-performance battery cells and safety testing targeted for Advanced Air Mobility (AAM) and space applications.

Archer believes that while the supply chain for electric vehicles in the U.S. is maturing, the supply chain for electric aircraft remains nascent not just here in the U.S., but globally, so this testing will help push progress forward. NASA’s goal is to test Archer’s battery cell and system design and share the results to push the entire AAM industry forward. Maturing battery technology is anticipated to be a key enabling factor for the mass production and adoption of electric aviation.

Archer plans to deliver a high-performing battery pack with leading levels of safety to its Midnight electric air taxi, validating that these cells are tailor made for aerospace applications, including electric vertical take off and landing (eVTOL), electric conventional take off and landing (eCTOL) aircraft and potential usage in space.

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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Joby to install first electric air taxi charger in New York City region

Santa Cruz, CA, Jan 23, 2024 — Joby Aviation, Inc. (NYSE: JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has signed a definitive agreement with Helo Holdings, Inc., (“HHI”), to install the first air taxi charger in the greater New York City region at the company’s heliport in Kearny, New Jersey, located just a two minute flight from Manhattan.

The agreement, which provides Joby with an operational base for its electric air taxi in the NYC region, builds on the partnership already established between Joby and HHI in November 2023, when Kearny served as a temporary home base for Joby’s aircraft. Joby completed several flights at Kearny in preparation for the Company’s exhibition flight in New York City at an event hosted by the New York City Economic Development Corporation and Mayor Eric Adams. The city has committed to electrify the Downtown Manhattan Heliport to enable electric air taxi operations.

First opened in 2011, the Kearny heliport is the largest vertical-lift facility on the east coast with 27 parking spots for helicopters and plans to expand to 32. The heliport provides ground services as well as hangar space for maintenance operations to helicopter operators in the NYC region, one of the busiest low-altitude corridors in the world.

As part of the agreement, HHI will upgrade its electrical infrastructure to support the installation of Joby’s Global Electric Aviation Charging System (“GEACS”), designed to support the safe and efficient operation of all electric aircraft under development today, including Joby’s quiet, emissions-free air taxi.

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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Saab receives Boeing order to produce T-7A fuselage systems

Saab has received an award from Boeing to produce T-7A aft fuselage systems. The order value for Saab is USD 101.7 million (approximately SEK 1 billion) and the order was booked in the fourth quarter 2023.

The T-7A aft fuselage systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana.

The order from Boeing comes after the first two T-7A Red Hawks successfully arrived at U.S. Air Force bases for developmental flight tests. The first T-7A went to Edwards Air Force Base and the second went to Eglin Air Force Base.

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Airbus Helicopters sign services contract with Heligo for H145 fleet

Hyderabad, India, January, 2024 – Airbus Group SE (Paris: AIR) has signed an HCare Initial contract, a comprehensive by-the-hour services contract with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India.

Under this five-year contract, Heligo will benefit from Airbus’ HCare Initial program, which will give the operator the freedom to replace scheduled and unscheduled components within 24 hours and pay a fixed rate per hour of helicopter flown. This will help Heligo to bring down their maintenance costs and the need to keep a regular inventory, thereby providing them with enhanced fleet availability for streamlined operations.

The H145 is the latest member of the company’s twin-engine rotorcraft product range – with designed-in mission capability and flexibility, especially in high and hot operating conditions. Compact in size, this helicopter’s small footprint and large, flexible cabin enables maneuvering in complex environments, such as oil and gas helidecks.

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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Airbus and Air India to launch pilot training center

Hyderabad, Telangana, India, January, 2024 – Delivering on its commitment to ‘Skill India’, Airbus Group SE (Paris: AIR) has entered into a 50:50 joint venture with the Tata-owned Air India to launch a world-class pilot training centre in Gurugram, Haryana. The Tata Airbus Training Center will offer A320 and A350 flight training to some 5,000 new pilots over 10 years. The sprawling 3,300 sq.mt. centre will be equipped with 10 Full Flight Simulators (FFS), flight training classrooms and briefing and debriefing rooms as part of the complete Airbus Flight Training Device setup.

The training centre is due to be operational starting early 2025 with the initial installation of four A320 FFS. The Tata Airbus Training Centre will offer courses approved by Directorate General of Civil Aviation (DGCA) and European Union Aviation Safety Agency (EASA).

Airbus has also partnered with GMR Aero Technic to offer Aircraft Maintenance Engineering training courses at the latter’s facility in Hyderabad. Airbus will provide training material such as trainee handbooks, examination database, online access to Airbus customised training modules and Airbus Competence Training (ACT) for Academy media package. Airbus will also train GMR instructors and provide continual assessment of the training center.

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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Pratt & Whitney Canada unveils mobile charging for hybrid-electric flight

Longueuil, Quebec, Canada, January 22, 2024, PRNewswire – Pratt & Whitney Canada today announced the development of an advanced mobile charging unit (MCU) capable of charging high-power batteries at up to 1500 volts, making it compatible with Megawatt Charging System standards the industry is advancing for high voltage power applications. Pratt & Whitney is an RTX (NYSE: RTX) business.

The MCU was developed in collaboration with the National Research Council of Canada (NRC) and the Innovative Vehicle Institute (IVI) as part of the RTX hybrid-electric flight demonstrator project.

The MCU is assembled from commercially available components and can deliver up to 280 kW and 1500 volts. In collaboration with IVI, Pratt & Whitney Canada developed a distributed control and protection strategy. The NRC focused on the hardware design, assembly, testing and delivery of two charger units, which will be used on the hybrid-electric flight demonstrator project. The charger’s bidirectional capability enables it to both charge and discharge batteries, which creates opportunities to recycle unused energy back into the electrical grid.

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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Virgin Australia increasing regional network with Link Airways

January 19, 2024 – Regional Australians are set to benefit under a new codeshare partnership with Link Airways that will increase Virgin Australia’s footprint in Australia from today by approximately 45%.

Seventeen new regional codeshare services operated by Link Airways, the equivalent of 90 flights per week, will be added to Virgin Australia’s domestic network under the partnership. The flights will go on sale today through Virgin Australia’s travel agency partners and will be available to book directly on the Virgin Australia website from March.

The partnership will also bring added benefits to Velocity Frequent Flyer’s almost 12 million members who will now be able to earn both Points and Status Credits on Virgin Australia codeshare services operated by Link Airways to some of the most important regional centres in the country. Velocity Platinum, Gold and Silver members will also earn bonus Points and receive an additional baggage allowance when travelling on any Virgin Australia codeshare service operated by Link Airways. Eligible Velocity members can also access Virgin Australia lounges when travelling on these Virgin Australia codeshare services.

Virgin Australia customers will now be able to travel seamlessly for the first time to 42 Australian destinations on a single booking (with through check-in and baggage transfer), including destinations such as Inverell, Wollongong and Biloela, which are not serviced by any other major airline.

New regional routes available as Virgin Australia codeshare (in both directions):

  • Brisbane <-> Coffs Harbour (BNE-CFS)
  • Brisbane <-> Bundaberg (BNE-BDB)
  • Brisbane <-> Biloela (BNE-ZBL)
  • Brisbane <-> Inverell (BNE-IVR)
  • Brisbane <-> Narrabri (BNE-NAA)
  • Brisbane <-> Dubbo (BNE-DBO)
  • Brisbane <-> Orange (BNE-OAG)
  • Brisbane <-> Tamworth (BNE-TMW)
  • Brisbane <-> Armidale (BNE-ARM)
  • Brisbane <-> Wollongong (BNE-WOL)
  • Sydney <-> Narrabri (SYD-NAA)
  • Sydney <-> Inverell (BNE-IVR)
  • Melbourne <-> Dubbo (MEL-DBO)
  • Melbourne <-> Orange (MEL-OAG)
  • Melbourne <-> Wollongong (MEL-WOL)
  • Canberra <-> Hobart (CBR-HBA)
  • Canberra <-> Newcastle (CBR-NTL)
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