Tag: Finance (Page 2 of 6)

Garmin Gets EASA Approval for GFC 600H Flight Control System on AS350 Helicopters

June 16, 2022 / WIL BALDWIN

OLATHE, Kansas – June 16, 2022 — Garmin^® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), is pleased to announce European Union Aviation Safety Agency (EASA) approval of the GFC™ 600H for AS350 helicopters, providing a cost-effective flight control solution that reduces pilot workload and improves mission effectiveness. The GFC 600H provides a number of helicopter-tailored safety features, including attitude hold with speed stability, the innovative hover assist mode, Garmin Helicopter Electronic Stability and Protection (H-ESP^™), dedicated return-to-level (LVL) mode, as well as overspeed and low-speed protection, and more.

The GFC 600H features a console-mounted mode controller with push-button controls and a night vision goggle (NVG) compatible display. Its robust architecture allows for both 2-axis and 3-axis configurations to provide the features and handling characteristics needed for a helicopter. Integrated smart servos provide pitch and roll inputs as commanded by the system. The collective sensor and the optionally available third servo provide yaw axis control capability to provide smooth flight control adjustments when the pilot moves the collective. Digitally controlled, high-performance servos allow for faster, crisper, more powerful response, which enables the GFC 600H to perform with smooth efficiency and advanced capability.

Thanks to the innovative hover assist mode, the system can also automatically detect a hover condition and allows for flight control inputs to help maintain position over the ground. In addition, when equipped with the optional yaw axis control, the GFC 600H can hold heading in hover. GFC 600H is well integrated with the G500H TXi flight displays and GTN or GTN Xi navigators, using navigation information to automatically fly approaches, enroute navigation, fully coupled missed approach procedures including holds, as well as search and rescue patterns¹.

The advanced attitude and heading reference system (AHRS) technology combined with redundant, cross-checking sensors of the GFC 600H support smooth handling throughout the flight envelope. Further, attitude-hold mode reduces pilot workload by maintaining a specified altitude, while also providing inputs to help stabilize the helicopter when hand-flying. Designed with the pilot in mind, the GFC 600H incorporates cyclic-mounted trim controls to allow for seamless control of the system without taking a hand off of the flight controls during basic operations. Additional modes include altitude hold, altitude select, vertical speed, indicated airspeed and heading select.

The GFC 600H offers tremendous safety tools including overspeed protection and low-speed protection as well as Garmin H-ESP to help the pilot remain within a safe flight envelope when hand-flying the helicopter. H-ESP works in all modes – even when the system is not engaged – and can be manually disabled to allow for maneuvering flight. A dedicated LVL button is included on the GFC 600H and can be engaged by the pilot to return to straight-and-level flight, helping to avoid potential disorientation in degraded visual environments (DVE), such as inadvertent entry into instrument meteorological conditions (IIMC). Garmin has also implemented additional GFC 600H pilot training and supporting materials to allow for updated pilot licensing as required by the EASA certification.

First Lufthansa Boeing 787-9 Gets Ready for Delivery

June 3, 2022 / WIL BALDWIN

The Lufthansa Boeing 787-9 with the registration D-ABPA and the future name “Berlin” will be delivered to Lufthansa following certification by the FAA (Federal Aviation Administration) this summer.

The ultra-modern long-haul “Dreamliner” aircraft will consume an average of around 2.5 liters of kerosene per passenger and 100 kilometers flown. That is around 25 percent less than their predecessor aircraft. The CO2 emissions are also improved accordingly.

The Boeing 787-9 “Berlin” will have an improved cabin product – including direct aisle access for all guests in Business Class. Following several weeks of planned cabin refurbishments at Lufthansa’s maintenance in Frankfurt, the aircraft will be deployed initially on domestic German routes for training purposes. The first intercontinental scheduled destination of the Lufthansa “Dreamliner” will be Toronto.

In total, the Lufthansa Group has ordered 32 Boeing “Dreamliner” with delivery between 2022 and 2027.

Rolls-Royce to deliver 70 mtu engines to support semiconductor industry in China

June 3, 2022 / WIL BALDWIN

Rolls-Royce (RR.L) will provide 70 of its mtu Series 4000 engines, produced in Yulin by MTU Yuchai Power, the Chinese Joint Venture with Yuchai Diesel, for use in generator sets that will be packaged and distributed by emergency power systems provider Hefei Calsion Electric System Co., Ltd. The gensets will be installed at multiple semiconductor manufacturing locations in China to ensure that chip production is not affected by power failures.

The rapid expansion of information technology applications such as artificial intelligence, cloud computing, big data and Internet of Things (IoT), has resulted in growing market demand for semiconductor products. In recent years, Chinese semiconductor enterprises have experienced a significant growth period due to the acceleration of domestic insourcing and the upgrade of industrial technologies.

The guarantee of continuous power supply is critical for semiconductor factories, as the manufacturing process is very sensitive. The products on the production line are at risk of being scrapped after even a few minutes of power disruption. The mtu engine-powered generator sets installed by Calsion will provide uninterrupted switching between diesel engines and grid power to deliver continuous loading capacity under high load conditions, helping to ensure the stable operation of production lines and special process systems such as safety, clean room, and cooling and pure water systems.

As the leader of semiconductor power system solutions, Hefei Calsion Electric System Co., Ltd. specializes in the R&D, manufacturing, marketing and services of generator sets, and has R&D centers, modern production bases and first-class test systems. Its original semiconductor power system solution has won a market share of more than 70% of the domestic semiconductor industry emergency power system solution-based projects in China. It is a strategic partner and designated OEM manufacturer of Rolls-Royce in China, as the two parties have maintained close cooperation for 18 years.

GlobalFoundries to Expand Capacities, Build a Fab in China

Delta Debuts Dazzling Terminal C Facility at New York LaGuardia Airport

June 1, 2022 / WIL BALDWIN

Delta is celebrating its latest investment in New York as it prepares to open its new Terminal C at LaGuardia Airport to customers on June 4, a massive milestone in the $4 billion program to transform and modernize one of the airline’s key hubs.

Delta accelerated construction timelines during the pandemic to deliver this facility to New York customers even faster than anticipated. The airline will fully complete the entire four-concourse terminal by the end of 2024, almost two years earlier than originally planned.

Ultimately, Terminals C and D will consolidate into one state-of-the-art facility, spanning 1.3 million square feet and featuring 37 gates across four concourses. Delta continues to double down on its vision for the future of travel, building airports of the future that are comfortable, easy to navigate and part of an effortlessly connected journey, capable of absorbing and supporting new innovative experiences as technology evolves. Recently, Delta also revealed the completion of the first major phase of its $2.3B Sky Way at Los Angeles International Airport.

In addition to a gleaming central headhouse and concourse, LGA will house the largest Delta Sky Club in the system, with architectural touches that evoke New York City from the turn of the 20th century, such as harlequin-patterned screens and rich warm metals. With seating for nearly 600 guests to relax and recharge over a sprawling 34,000 square feet (in its end state), the Club features a gourmet kitchen, premium bar, two food buffets and two hydration stations.

Sky High Aviation Receives First of Two Embraer E190 Jets

June 1, 2022 / WIL BALDWIN

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.”

Boeing Teams with Canadian Industry to Offer P-8A Poseidon

June 1, 2022 / WIL BALDWIN

Ottawa, Ontario, June 1, 2022 – Boeing [NYSE: BA] and several Canadian industry partners announced today their intent to collaborate to provide the capability and sustainability of the proven P-8A Poseidon for the Canadian Multi-Mission Aircraft (CMMA) requirement.

Team Poseidon, consisting of CAE, GE Aviation Canada, IMP Aerospace & Defence, KF Aerospace, Honeywell Aerospace Canada and Raytheon Canada, forms the cornerstone of a Canadian P-8 industrial footprint. The team builds on 81 Canadian suppliers to the platform and to more than 550 Canadian suppliers across all provinces contributing to Boeing’s annual CAD $5.3 billion in economic benefit to Canada, supporting more than 20,000 Canadian jobs.

The Boeing P-8A is a proven military off-the-shelf solution with nearly 150 aircraft delivered to five nations to date. The P-8 will improve Canada’s capability to defend its northern and maritime borders while ensuring interoperability with NORAD and NATO allies. As a leading platform for reducing the environmental impact of military aircraft, the P-8 can operate on a 50% blend of sustainable aviation fuel today with aspirations to move toward 100% with investment in new technology.

The P-8A Poseidon offers advanced anti-submarine warfare, anti-surface warfare, intelligence, surveillance and reconnaissance, and search and rescue capability, and is the only in-service, in-production multi-mission aircraft that meets all CMMA requirements. The P-8 also has the added distinction of strengthening the connection between national security and environmental stewardship.

Having executed more than 450,000 collective mishap free flight-hours, the P-8A Poseidon has proven its capability to operate around the globe in the harshest flight regimes including extended operations in extreme cold weather and icing environments.

Current Boeing P-8 customers include the US Navy, Indian Navy, Royal Australian Air Force, Royal Air Force, Royal Norwegian Air Force, Royal New Zealand Air Force, Republic of Korea Navy and Germany Navy.

Built on the proven 737 Next-Generation airframe, P-8’s 86% commonality with more than 4,000 in-service 737NGs delivers lower life-cycle sustainment costs due to large economies of scale.

First Japan SAF Helicopter Flight with H215

June 1, 2022 / WIL BALDWIN

Tokyo, Japan June 1, 2022 – Airbus Helicopters in Japan and Japan’s leading helicopter operator Nakanihon Air (NNK) have jointly performed the country’s first ever helicopter flight powered with sustainable aviation fuel (SAF). NNK’s H215 helicopter conducted a 30-minute flight at Nagoya Airport in Aichi Prefecture today.

The aircraft was fueled with 600 litres of “SUSTEO 10”, a renewable jet fuel produced by Japan’s first biofuel manufacturer Euglena, which has met the specifications of both international and Japanese standards of diesel fuels ASTM D1655 and JIS K 2204 respectively. SUSTEO contains 10% of SAF mixed with Jet A-1.

The twin-engine, heavy-lift H215 is a member of the Super Puma helicopter family, known for its high availability rate, performance, and competitive operating cost.

Today, all Airbus helicopters are certified to fly with up to a 50% blend of SAF mixed with kerosene, with the aim to reach 100% SAF in coordination with engine manufacturers. An Airbus H225 performed the first ever helicopter flight with 100% SAF powering one of the Safran Makila 2 engines in 2021. Helicopter operations with 100% SAF would translate to a reduction of 80% of CO2 emissions.

Airbus Helicopters has launched a SAF User Group dedicated to the rotary-wing community, in a bid to drive the deployment of biofuels. The company has also started using SAF for training and test flights at its French and German sites.

Eve Partners with Porsche Consulting on eVTOL Global Manufacturing and Logistics

June 1, 2022 / WIL BALDWIN

São José dos Campos, SP, Brazil – May 31, 2022 – Eve Holding, Inc. (NYSE: EVEX), a leader in the development of next-generation Urban Air Mobility (“UAM”) solutions and a carve-out from Embraer S.A. (NYSE: ERJ), announced today that it has chosen Porsche Consulting, Inc. to help define the eVTOL (electric vertical take-off and landing) supply chain, global manufacturing and logistics macro strategy.

Considering advanced manufacturing research and innovation, the companies will combine their aeronautic and automotive expertise to support Eve’s implementation plan. The master services agreement that has been entered into by and between the companies includes studies on industrial operation, logistics, supply chain and parts distribution in an unprecedented approach optimized for efficiency, productivity and safety.

The study will address scalability and distributed production as the UAM market evolves to meet projected demand. While digital transformation generates new possibilities for the industry’s use of more agile technologies focusing on business and sustainability goals, comprehensive network solutions are under consideration to meet unique industry needs.

Serbian Air Force and Air Defense Become New C295 Operator

February 24, 2022 / WIL BALDWIN

Getafe, Spain, February 23, 2022 – The Serbian Ministry of Defence has ordered two Airbus (OTC: EADSY) C295s and therefore the Serbian Air Force and Air Defense joins the family of C295 becoming the 36th operator worldwide.

The contract was signed in Madrid in the presence of senior government members of the Republic of Serbia and Spain. This contract will be accompanied by a Government-to-Government supervision agreement between the Ministries of Defence of Spain and the Republic of Serbia, which aims to study the development of future defence programmes between both nations. Airbus is committed to maintain and foster its close collaboration with the Republic of Serbia, which already operates Airbus military solutions.

The two aircraft, in transport configuration, will be equipped with the modern avionics suite Collins Aerospace Pro Line Fusion and will contribute to enhance the air transport capabilities of the Republic of Serbia.

Deliveries are expected to commence in late 2023.

With this order 33 countries have already relied on the Airbus C295. With a total of 281 orders worldwide and more than half a million flight hours in operation, this aircraft is the undisputed leader in its segment.

Frontier Airlines Launches Nonstop Flights From Miami, Florida to Kingston, Jamaica

February 24, 2022 / WIL BALDWIN

KINGSTON, JAMAICA – Feb. 23, 2022 – Low-fare carrier Frontier Airlines (NASDAQ: ULCC) will launch nonstop service between Miami (MIA) and Kingston, Jamaica (KIN) beginning May 5, 2022, marking the airline’s first scheduled service to the Jamaican capital. Flights will operate three times per week year-round. To celebrate, America’s Greenest Airline is offering fares from Miami to Kingston as low as $79*.

New Route from Miami International Airport (MIA):

SERVICE TO:	SERVICE START:	SERVICE FREQUENCY:	INTRO FARE:
Kingston, Jamaica	May 5, 2022	3X	$79*

Frequency and times are subject to change, so please check FlyFrontier.com for the most updated schedule.

Frontier is focused on more than low fares. The carrier offers customers the ability to customize travel to their needs and budget. For example, customers can purchase options a la carte or in one low-priced bundle called the WORKS. This bundle includes refundability, a carry-on bag, a checked bag, the best available seat, waived change fees, and priority boarding.

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