Tag: customers (Page 10 of 32)

Aviation Capital Group Commits to 20 A220’s and 40 A320neo Family Aircraft

December 30, 2021 / WIL BALDWIN

Toulouse, France 30 December 2021 – Global full-service aircraft lessor Aviation Capital Group (ACG), wholly owned by Tokyo Century Corporation, has signed a Memorandum of Understanding (MoU) with Airbus (OTC: EADSY) for 20 A220’s and a firm contract for 40 A320neo Family aircraft, of which five are A321XLR’s.

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. Featuring a 50% reduced noise footprint and up to 25% lower fuel burn per seat compared to previous generation aircraft, as well as around 50% lower NOx emissions than industry standards, the A220 is a great aircraft for regional as well as long distance routes operations.

With this order ACG is supporting the recently launched multi-million dollar ESG fund initiative by Airbus that will contribute towards investment into sustainable aviation development projects.

Delta, New York Break Ground on Latest JFK Transformation Phase for Terminal 4

December 16, 2021 / WIL BALDWIN

Work at New York John F. Kennedy International Airport officially got underway Wednesday as Delta Air Lines (NYSE: DAL) CEO Ed Bastian, and other officials ceremoniously broke ground on a $1.5 billion expansion and transformation of Terminal 4. The expansion will consolidate all of Delta’s operations into Terminal 4 at JFK – which currently operates out of Terminals 2 and 4 – enabling a more enjoyable and convenient travel experience for customers. The project will include the following enhancements:

A new Delta Sky Club in Terminal 4’s Concourse A.
Expanded seating areas and concessions.
Modern wayfinding.
New and upgraded restrooms designed with travelers in mind.
New check-in counters that will improve capacity and efficiency with state-of-the-art technology.
Installation of new self-service kiosks and self-bag check locations.
Updated baggage claim and arrivals areas.
New retail finishes.
Public art.

Delta continues to grow at JFK and in New York City at large, where it offers the most flights and seats of any carrier at JFK and LaGuardia Airport, with 400 total daily departures to 95 domestic and international destinations. The airline operates more than 160 average daily flights to 68 destinations worldwide from JFK alone. Since 2010, Delta has invested more than $3.5 billion in airport expansion and redevelopment in New York, including earlier projects at JFK and LGA. The airline is also undertaking a $3.9 billion project to consolidate Terminals C and D at LGA, with a state-of-the-art arrivals and departures hall set to open next spring.

Union Pacific Corporation Announces 10% Dividend Increase for Fourth Quarter 2021

December 14, 2021 / WIL BALDWIN

Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today voted to increase the quarterly dividend on the Company’s common shares by 10% to $1.18 per share. The dividend is payable December 30, 2021, to shareholders of record December 20, 2021. Union Pacific has paid dividends on its common stock for 122 consecutive years.

“Union Pacific continues to deliver strong cash returns to our shareholders,” said Jennifer Hamann, Union Pacific executive vice president and chief financial officer. “Today’s action, coupled with the 10% increase earlier this year, is consistent with our targeted dividend payout ratio of 45 percent.”

About Union Pacific

Union Pacific 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.

QANTAS Says Buongiorno with Direct Flights Between Australia and Italy

December 14, 2021 / WIL BALDWIN

Qantas will reignite its love affair with Rome, adding direct flights from Australia to the eternal city from the middle of next year. From 22 June 2022, Qantas will operate the only direct service between Australia and continental Europe, flying three return Sydney-Perth-Rome flights per week to meet demand over the European holiday peak season.

The new flight will cut more than three hours off the current fastest travel time to Rome using the Boeing 787 Dreamliner, with cabins designed specifically for long haul travel.

Customers will be able to combine Qantas’ Rome flights with its double-daily direct flights between Australia and London, meaning they will be able to fly in and out of different cities on one return ticket through to October 2022.

The Rome service will also give customers another option for reaching onward destinations across the Mediterranean and southern Europe through Qantas’ network of partners.

Qantas Group CEO Alan Joyce said strong travel demand since borders re-opened had given the Flying Kangaroo confidence to explore new destinations as travelers look to make up for lost time.

The new route is expected to entice more visitors to Western Australia and Qantas will partner with Tourism Western Australia to boost inbound tourism from Europe into Perth and regional WA, as well as promote Perth as an ideal stopover for Australians travelling to Europe from the east coast.

Qantas recently started new flights from Sydney and Melbourne to Delhi and re-started a number of existing routes from Sydney and Melbourne to destinations including Los Angeles, London and Singapore.

Fares for the new Sydney-Perth-Rome flights go on sale today starting from $1785 return. Qantas will operate two Points Planes (bookable until 21 December 2021) for Frequent Flyers with every seat in every cabin available to book as a reward seat on the inaugural flight to Rome on 22 June and on the first flight departing Rome on 23 June.

The seasonal route will operate from 22 June until 6 October. Qantas will offer connections to 16 destinations in Europe including Athens, Barcelona, Frankfurt, Nice, Madrid and Paris and 15 destinations within Italy including Milan and Venice.

Boeing 777X Arrives in Dubai for 2021 Dubai Airshow

November 9, 2021 / WIL BALDWIN

DUBAI, United Arab Emirates, Nov. 9, 2021, PRNewswire – The new Boeing [NYSE: BA] 777X arrived at Dubai World Central at 14:02 p.m. (GST) today, ahead of the upcoming Dubai Airshow. The airplane will be on static display and featured in the show’s flying program starting November 14.

The 777-9 flight test airplane made a nearly 15-hour nonstop flight from Seattle’s Boeing Field to Dubai, the first international flight and longest flight to date for the 777X as it continues to undergo a rigorous test program.

Building on the best of the industry-leading 777 and 787 Dreamliner families, the 777-9 will be the world’s largest and most efficient twin-engine jet, delivering 10% better fuel use, emissions and operating costs than the competition and an exceptional passenger experience. The 777X family has a total of 351 orders and commitments from eight leading customers around the globe. First delivery of the airplane is expected in late 2023.

JetBlue Announces New Tentative Agreement on Negotiations with TWU

November 8, 2021 / WIL BALDWIN

NEW YORK, N.Y. (BUSINESS WIRE) – JetBlue (NASDAQ: JBLU) today announced it has reached a new tentative agreement with the Transport Workers Union (TWU) for JetBlue’s inflight crew members.

“We’re pleased to share that the JetBlue and TWU negotiating committees have reached a new tentative agreement,” said Ed Baklor, head of customer care and programs, JetBlue. “Our inflight crewmembers have been on the frontline supporting and protecting JetBlue’s operation and our customers through the COVID-19 pandemic, and I am proud of the TWU and JetBlue teams for recognizing our environment and coming to the table with solutions. We look forward to bringing this contract to a vote with our inflight crewmembers.”

KiwiRail Leases Additional Ferry to Boost Interislander Service

November 6, 2021 / WIL BALDWIN

KiwiRail has leased an additional freight ferry to provide capacity and resilience on Cook Strait, KiwiRail Group Chief Executive Greg Miller announced today. The Valentine is completing technical due diligence in England now, ahead of sailing to New Zealand. It is due to arrive in mid-December and Interislander crews will familiarize themselves with the ship before Valentine begins working the Cook Strait, likely later in December.

Mr Miller said the Interislander fleet is aging and more prone to breakdown. “Old ships tend to have mechanical problems and this has been highlighted with the current mechanical issues on Aratere. While she has now resumed service, we know that disruption is bad for us and our customers.

The Valentine is being leased for an initial 12 months. Valentine has been working in the English Channel and is well-suited to KiwiRail operations.

Mr Miller says the move shows KiwiRail’s determination to support the movement of essential supplies in New Zealand through increased capacity, collaboration, and improving scheduling and resource planning.

Boeing will showcase its market-leading portfolio of commercial, defense and services products at the 2021 Dubai Airshow this month, including the international debut of its newest fuel-efficient widebody jet, the 777X. Building on the best of the industry-leading 777 and 787 families, the 777-9 will be the world’s largest and most efficient twin-engine jet, delivering 10% better fuel use, emissions and operating costs than the competition. Shown here: A Boeing 777-9 airplane photographed during flight testing. (Boeing Photo)

Boeing to Debut 777X, Spotlight Defense at 2021 Dubai Airshow

November 4, 2021 / WIL BALDWIN

DUBAI, United Arab Emirates, Nov. 4, 2021 /PRNewswire/ — Boeing (NYSE: BA) will showcase its market-leading portfolio of commercial, defense and services products at the 2021 Dubai Airshow this month, including the international debut of its newest fuel-efficient widebody jet, the 777X, along with the company’s growing autonomous capabilities such as the Boeing Airpower Teaming System.

During the event, a Boeing 777-9 flight-test airplane will soar in the airshow’s flying program and appear in the static display. Building on the best of the industry-leading 777 and 787 families, the 777-9 will be the world’s largest and most efficient twin-engine jet, delivering 10% better fuel use, emissions and operating costs than the competition.

The company’s static display will also feature the 2021 Boeing ecoDemonstrator, an Alaska Airlines 737-9 that is flight testing about 20 technologies to reduce fuel use, emissions and noise and further improve safety.

In addition, Etihad Airways will display a 787-10 Dreamliner that showcases the airline’s collaboration with Boeing to advance sustainable aviation. Etihad’s program researches and tests innovative technologies, products and practices on its fleet of 787s and within its operations to further reduce carbon emissions. Also on display, flydubai – the region’s largest 737 operator – will feature a 737 MAX 9 that reduces fuel use and CO₂ by 14% compared to its predecessors.

Boeing’s exhibit in Dubai will highlight defense products including the F-15EX Eagle II fighter jet and T-7A Advanced Pilot Training System, as well as its Autonomous Systems portfolio, including the Boeing Airpower Teaming System and the Insitu Integrator ER and ScanEagle unmanned systems.

Global defense customers are expected to display several operational Boeing aircraft, including the MV-22 Osprey, KC-46A Pegasus, P-8A Poseidon, C-17 Globemaster III, AH-64 Apache and CH-47F Chinook.

Boeing also will discuss its parts, modifications, digital, sustainment and training solutions, including an expansive global supply chain, maintenance and logistics network. Government services will feature in-country partnerships with on-the-ground support for its installed base of defense platforms. Commercial services highlights will include Boeing Converted Freighters, expanded support to regional customers and near-term sales opportunities.

Air Transport Services Group Selects Boeing for Next Converted Freighter Order

November 3, 2021 / WIL BALDWIN

SEATTLE, Nov. 3, 2021 — Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of 767-300 converted freighters, has contracted with Boeing [NYSE: BA] for the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCF).

“Our continued confidence in the 767-300 platform, now coupled with the services and support of the OEM, reinforces our commitment to deliver best-in-class reliable services to our customers,” said Mike Berger, chief commercial officer of ATSG. “We’re proud to partner with Boeing as we expand our fleet to meet growing demand and look forward to future growth together.”

The 767-300BCF now has more than 100 orders and commitments from customers around the globe, providing widebody converted freighter capability to meet growing market demand, and building on a record year for customer orders of Boeing’s family of freighters.

“We are honored that ATSG has decided to make the 767-300BCF an integral part of their fleet expansion strategy, supporting customers looking to capitalize on strong e-commerce demand,” said Jens Steinhagen, director of Boeing Converted Freighters. “As the OEM, Boeing has the original design data, robust supply chains, and dependable delivery schedules that benefit BCF customers such as ATSG. With that OEM advantage, we stand ready to meet ATSG’s needs by bringing forward market-leading 767-300BCFs into its fleet.”

ATSG is a global leader in cargo leasing, operating a fleet of 106 Boeing aircraft, including more than ninety 767 converted freighters.

Boeing has more than 40 years of successful experience in passenger-to-freighter conversions, relying on original design data and a deep understanding of the needs of the air cargo industry to deliver a superior, integrated product, including fully integrated manuals and world-class technical support. Boeing Converted Freighters also come with the advantage of being associated with the industry’s largest portfolio of services, support and solutions. Learn more about the 767-300BCF and the entire Boeing freighter family here.

A.P. Moller, Maersk Orders Two Boeing 777 Freighters

November 2, 2021 / WIL BALDWIN

COPENHAGEN, Denmark, Nov. 2, 2021 /PRNewswire/ — Boeing [NYSE: BA] and A.P. Moller – Maersk (Maersk) today announced the global provider of end-to-end container logistics has placed an order for two 777 Freighters. The freighters will be operated by Star Air, Maersk’s in-house aircraft operator and is the company’s first 777 order. Star Air currently operates an all-Boeing 767 Freighter fleet.

The 777 Freighter is the world’s largest, longest range and most capable twin-engine freighter. The airplane offers 17 percent better fuel efficiency and reduced CO2 emissions compared to legacy airplanes. With a range of 9,200 kilometers, the 777 Freighter can carry a maximum revenue payload of 102,000 kilograms, allowing Star Air to make fewer stops and reduce landing fees on long-haul routes.

The 777 Freighter is Boeing’s top-selling freighter of all time. Customers from around the world have ordered more than 300 777 Freighters since the program began in 2005. As the air cargo market continues to strengthen throughout the world, freight carriers turn to Boeing for its complete family of new and converted freighters. Boeing airplanes provide more than 90% of the worldwide dedicated freighter capacity.

Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs approximately 80,000 people.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com.

About Union Pacific

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