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Lockheed Martin Next Generation Interceptor Completes All Design Reviews At Accelerated Pace

Huntsville, Alabama, August 7, 2023 (PRNewswire) – Lockheed Martin (NYSE: LMT) successfully validated designs for all elements of the nation’s Next Generation Interceptor (NGI) with the U.S. Missile Defense Agency (MDA).

Through a series of successful and on-schedule Preliminary Design Reviews (PDRs) of all NGI major subsystems, the company demonstrated it has achieved design maturity and reduced risk for critical technologies. NGI is the future of the MDA’s Ground-Based Missile Defense (GMD) system to protect the U.S. homeland against intercontinental ballistic missile threats from rogue nations.

Lockheed Martin is demonstrating engineering work that has been performed in the integrated digital tool chain to drive faster decision making, enhance security, and enable rapid delivery and agility. This approach emphasizes affordability across the program lifecycle. Lockheed Martin’s NGI solution will increase warfighter capability, providing an improved defensive solution to address the complex battlespace now and in the future.

Lockheed Martin’s NGI program is on track for its next major review, the All Up Round PDR. During this next major review, MDA will assess if the program is ready to move forward in the acquisition process through Knowledge Point number one and ultimately on to the Critical Design Review. The first Lockheed Martin NGI is forecast for delivery to the warfighter as early as FY2027.

For additional information, visit our website: www.lockheedmartin.com.

Textron Aviation receives order for five Beechcraft King Air turboprops in support of Kingdom of Saudi Arabia

Wichita, Kansas (July, 11, 2023) – Textron Aviation (NYSE: TXT) today announced it has been awarded a contract by AvMet International LLC (AvMet), based in Fargo, North Dakota, for one Beechcraft King Air 360CHW (cargo door, heavy weight) and four Beechcraft King Air 260 aircraft. The Beechcraft King Air fleet will support the Kingdom of Saudi Arabia’s National Center for Meteorology program for cloud seeding.

AvMet and its partners Weather Modification International (WMI) and Fargo Jet Center (FJC) will work collaboratively to equip the four King Air 260 aircraft with a Cloud Water Inertial Probe (CWIP), Data Logger with aircraft tracking, and cloud seeding equipment. The King Air 360CHW will be rigged with Cloud Seeding equipment, a research laboratory and an instrument package for studying cloud physics and aerosols.

The aircraft will be modified at WMI’s headquarters in Fargo with sister company Fargo Jet Center LLC (FJC).  FJC’s Part 145 Repair Station, which is an authorized service facility for the family of Beechcraft King Air aircraft, teamed with WMI to certify the Federal Aviation Administration approved Supplemental Type Certificate modifications for cloud seeding and atmospheric research equipment. Together, Textron Aviation, WMI and FJC will provide the Kingdom of Saudi Arabia’s National Center for Meteorology with the newest technologies in cloud seeding and atmospheric sciences instrumentation.

Endless Special Mission Possibilities

When government, military and commercial customers want airborne solutions for critical missions, they turn to Textron Aviation. The company’s aviation solutions provide the high performance and flight characteristics required to address the unique challenges of special mission operations. With unparalleled quality, versatility and low operating costs, Textron Aviation products are preferred for air ambulance, ISR, utility transport, aerial survey, flight inspection, training and a number of other special operations.

HK Express Receives First Airbus A321neo

Airbus announced the successful delivery of its first Airbus A321neo to the low-cost carrier HK Express, a member of Cathay Pacific Group (OTC: CPCAY), based in Hong Kong.

This milestone marks the first of 16 A321neo aircraft for HK Express and features the airline’s latest livery, with vibrant shades of purple and white. In addition, the aircraft’s winglets and empennage spots an “e” shaped journey symbol, which evokes the start of a pleasant journey with HK Express.

HK Express’ A321neo is powered by CFM International LEAP-1A engines and can seat up to 236 passengers in Airbus’ award-winning Airspace cabin, which brings unique lighting displays, more personal space and a sleek design to improve passenger experience.

HK Express is an all-Airbus operator, with its current fleet comprising 27 A320 Family aircraft, including 11A321ceo, 10 A320neo, five A320ceo and its first A321neo.

The A321neo is part of the A320neo Family, which incorporates new generation engines and Sharklets, together delivering more than 20 percent fuel and CO2 savings, as well as a 50 percent noise reduction. 

To date, the A320neo Family has received more than 8,600 firm orders from over 130 customers worldwide.

Sky High Aviation Receives First of Two Embraer E190 Jets

São José dos Campos, Brazil, June 1, 2022 – Sky High Aviation, an airline based in the Dominican Republic, has taken delivery of its first Embraer (NYSE: ERJ) E190 passenger jet. This makes the air carrier the only E-Jet operator based in the Caribbean. The first of two E190s being provided by regional aircraft lessor, TrueNoord, arrived last week at Las Americas José Francisco Peña Gómez airport after transition works were completed at Embraer’s MRO facility in Macon, Georgia, USA. The second E190 is to be delivered to Sky High later this month.

The addition of the E190s will bring a new level of comfort for passengers and open new international routes from the region. Sky High currently operates a fleet of two 50 seater Embraer ERJ 145s flying to 10 island destinations in the Caribbean. The E190s have been configured in a comfortable dual-class layout with 98 seats and will serve Sky High’s existing destinations as well as opening new international routes to the United States, Central and South America.

Juan Chamizo Alonso, President of Sky High Aviation, said, “It’s a huge differentiator for us to be the only operator in the region with E-Jet capability, and a great way to celebrate our first 10 years of operations. The addition of the larger, more modern and capable E190 is the next step in our development and our offering to our customers. The E190 is the perfect aircraft to help manage demand in peak times, as well as to open and maintain the international routes essential for our continued development as a leading Caribbean operator.”

STARLUX Launches Widebody Fleet with First Airbus A330neo

Toulouse, France February 21, 2022 – Taiwan’s STARLUX Airlines has taken delivery of its first widebody aircraft – an A330-900. It is the first of 26 Airbus (OTC: EADSY) widebodies set to join the airline’s fleet, comprising eight A330neo and 18 A350’s. 

The A330neo aircraft and one A350 are being acquired on lease from ALC, while the airline has 17 A350s on direct order with Airbus. Benefiting from the A330neo’s unbeatable operating economics and award-winning Airspace cabin, the aircraft will feature a two-class cabin with 28 business class seats and 269 economy class seats. 

The A330neo joins an existing fleet of seven single-aisle A321neo at the airline, and will complement the airline’s network by flying regional routes from Taiwan to the wider Asia-Pacific.

At the same time, STARLUX has also signed up for the computer-based ACE (Airbus Cockpit Experience) Suite training solution. Using a “learning by discovery” approach, STARLUX’s flying crew will be able to use the ACE Trainer that simulates a 3D Cockpit environment with guided lessons and free play. 

ACE Suite offers an efficient learning process that also provides customers with significant time savings off high-level devices training. Users can enjoy better knowledge retention and continuous skills reinforcement. ACE Suite is approved by EASA and in line with ICAO regulations.

Loft Orbital Signs Agreement to Procure Over 15 Airbus Arrow Satellite Platforms

Airbus (OTC: EADSY) has been contracted to supply space start-up Loft Orbital with more than fifteen satellite platforms derived from the Airbus Arrow platform.  Arrow is the foundational satellite platform of the OneWeb constellation. There are 394 Airbus Arrow platforms in orbit for the OneWeb constellation and a further 254 are being produced to complete the 648 spacecraft required by OneWeb. With this acquisition, Loft Orbital confirms its intention to make the Airbus Arrow platform a true workhorse enabling its service business model.

Loft Orbital offers a true end-to-end service enabling customers to rapidly deploy and operate their payloads on reliable high-performance satellites at an unprecedented simplicity and affordability. Loft Orbital has also contracted Airbus to modify the Arrow platform to make it suitable for a wider range of longer lifetime missions and applications. Loft Orbital has offices both in the USA and France, being based in the heart of Silicon Valley in San Francisco, and in the European space capital Toulouse, and intends to continue rapidly growing its French presence following this contract relationship with Airbus.

The improvements to the Arrow platform, including all the engineering, qualification, test, and production of the first few spacecraft will be performed by Airbus in Toulouse. The production at scale of the remaining Arrow-derived platforms will be performed by Airbus OneWeb Satellites (AOS).

Airbus Space’s strategy of Next Space will seek further engagement with new players in the space ecosystem to ensure that sustainability and reliability in the LEO space environment is guaranteed for the future.

QANTAS and Jetstar Airlines Adjust Third Quarter Flight Capacity Settings

Qantas and Jetstar are adjusting flying levels to better match travel demand in light of the sudden growth in COVID-19 cases. The Qantas Group now expects domestic capacity for the third quarter of FY22 to be at around 70 per cent of pre-COVID levels, down from the 102 per cent that had been planned. The schedule changes are focused on reducing frequency of services and size of aircraft to minimise inconvenience for passengers as much as possible.

The Group’s total international capacity for the same period will fall from 30 per cent to around 20 per cent of pre-COVID levels. This reduction is driven by increased travel restrictions in countries like Japan, Thailand and Indonesia and is mostly impacting Jetstar’s leisure routes. Other markets – such as London, Los Angeles, Vancouver, Johannesburg and India – continue to perform well.

Customers will be contacted directly from late January if their booking is impacted by cancellations and offered alternative flights that in most cases are likely to be a difference of a few hours if travelling domestically.

Qantas and Jetstar continue to have 100 per cent of their available Australian-based crew stood up, which has helped to minimise the resourcing impacts of some needing to self-isolate during the summer peak. This 100 per cent crewing level will be maintained despite the capacity reductions announced today, giving both airlines a significant buffer to manage ongoing isolation requirements and resulting in a more reliable schedule for passengers.

An assessment on the financial impact of these changes will be given at the Group’s half year results in late February, by which time a clearer picture will have emerged on swing factors such as actual demand levels; potential loosening or tightening of travel restrictions in countries overseas; and consumer response to the reopening of Western Australia next month. No material adjustments have been made to capacity expectations for Q4 FY22.

To give customers more confidence when they book international and domestic flights, Qantas has extended Fly Flex, which enables customers to change their travel dates as often as they need, fee-free (a fare difference may apply).

French Bee Takes Delivery of its First A350-1000

French bee, the low-cost, long-haul airline (Groupe Dubreuil member) based in France, has taken delivery of its first A350-1000, on lease from Air Lease Corporation (NYSE: AL), to join its fleet and make the airline an all-A350 fleet operator. The aircraft is the first of two A350-1000s to be operated by the carrier on route from Paris to Saint Denis de La Reunion Island in the Indian Ocean.

The A350-1000s will complement the four A350-900 aircraft already in the French bee fleet, providing the airline with operational flexibility and eco-efficient solutions for its network. The aircraft features 480 seats in a two-class layout (40 premium class and 440 economy class), providing all the comfort and amenities of Airbus’ Airspace cabin, including state-of-the-art, in-flight passenger entertainment (IFE) and full WiFi connectivity throughout the cabin. The A350 cabin is also the quietest of any twin-aisle aircraft.

The A350-1000, Airbus’ largest widebody in the twin-engine category, features the latest aerodynamic design, a carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce Trent XWB-97 engines, allowing the airline to fly long-haul destinations up to 16,000 km (8,700nm).

777 Partners Orders 30 Additional Boeing 737 MAX Airplanes

Boeing [NYSE: BA] and 777 Partners have announced the Miami-based investment firm will nearly double its 737 MAX order book with the purchase of 30 additional jets. The new order expands 777 Partners’ commercial aircraft portfolio to a total of 68 737 MAX’s, in its fourth order this year for the fuel-efficient, single-aisle jets. Valued at $3.7 billion at list prices, the order will enable 777 Partners to expand 737 MAX operations across the fleet of its affiliated global low-cost carriers.

The 737 MAX family reduces fuel use and carbon emissions by at least 14% compared to the airplanes it replaces, reducing operating costs as well as the environmental footprint for 777 Partners’ affiliated airlines. Every 737 MAX features a passenger-pleasing Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

777 Partners is a Miami-based private alternative investment firm that invests across a number of high growth attractive verticals. Founded in 2015, 777 Partners initially applied its expertise in underwriting and financing of esoteric assets to diversify across a broad spectrum of financial services businesses, asset originators, and financial technology/service providers. In recent years, the firm has broadened its mandate and now invests across six different industries: insurance, consumer and commercial finance, litigation finance, direct lending, media and entertainment, and aviation.

Saab Expands Cooperation Within Ground Launched Small Diameter Bomb Campaign

Saab has entered a Memorandum of Understanding (MoU) with Nammo and Nordic Shelter to support the ongoing GLSDB (Ground-Launched Small Diameter Bomb) campaign.

The new agreement was announced during a signing 23 November 2021 in Oslo, Norway. Nammo will contribute with its expertise in rocket motor development and production as part of the GLSDB propulsion sub-system. Nordic Shelter brings the knowledge and experience needed for the development and production of a modular GLSDB launcher, based on a purpose built 20-foot ISO-container.

GLSDB is a long range, precision artillery system developed by Saab and Boeing. The system is based on Boeing’s air-launched Small Diameter Bomb, which has been in production since 2006, with more than 30 000 units shipped. GLSDB enables Small Diameter Bomb to be ground-launched from a wide variety of launchers and configurations.

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