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Tesla Negotiating for Possible Texas Vehicle Assembly Plant

June 15, 2020 /

(Reuters) – Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.

Travis County Commissioners Court is scheduled to discuss terms of the deal on Tuesday, the paper reported, citing people with knowledge of the situation. A vote is expected in the coming weeks.

The paper said it was unclear whether negotiations with Travis County show that Tesla has picked the Austin region as the site for the plant, which would build the company’s electric pickup truck and Model Y SUV and employ thousands of people, or if the company is also negotiating with officials in Tulsa, Oklahoma.

Tesla officials could not immediately be reached to comment. The company’s chief executive, Elon Musk, has tweeted previously about the possibility of bringing a plant to Texas. Oklahoma also has been mentioned as a possible site.

Travis County officials declined to comment, and a spokesman for the Texas governor’s office did not immediately comment.

Last month, Texas Governor Greg Abbott said he had spoken with Musk about a potential plant.

Abbott’s comments came three days after Musk had threatened to move Tesla’s headquarters and future operations to Texas or Nevada after officials in California’s Alameda County, where Tesla’s only U.S. vehicle assembly plant is located, said the plant could not yet reopen because of coronavirus lockdown measures. The plant has since reopened.

Officials with the United Auto Workers union, which represents hourly workers at General Motors Co’s assembly plant in Arlington, Texas, said they believe a Tuesday county meeting will include talks about the possible deal. The union, which has unsuccessfully tried organizing Tesla’s Fremont, California, plant, called on Texas officials to obtain assurances from Tesla about any potential jobs.

(Reporting by Ben Klayman in Detroit and Brad Brooks in Austin, Texas; Editing by Leslie Adler and Jonathan Oatis)

Airbus A400M Supports COVID-19 Crisis Relief Efforts in Spain

March 25, 2020 /
Airbus A400M transports masks to Spain in support of COVID-19 crisis relief efforts

An Airbus A400M airlifter has performed an air-bridge between Toulouse and Madrid in order to deliver critically-needed mask supplies to the Spanish health system.

The aircraft, known as MSN56 and operated by an Airbus crew, took off on 23rd March 2020 from Airbus’ headquarters in Toulouse at 18.07 local time (CET) landing at the Getafe Air Base (Madrid) at 19.05 to off-load and deliver the masks to the Spanish Ministry of Defence.

The cargo is part of the approximately 2 million masks transported over the weekend by a test Airbus A330-800 aircraft from Tianjin, China, to Europe.

This air-bridge will enable the delivery of a significant supply of masks to the Spanish public health network in support of current COVID-19 crisis efforts. This comes on top of donations by Airbus in recent days to provide thousands of masks to hospitals and public services around Europe. The Company will continue to support with additional flights planned to take place in the coming days in coordination with national authorities.

Ford Posts Fourth-Quarter Loss, Disappointing 2020 Outlook

February 4, 2020 /

DEARBORN, Mich. (Reuters) – Investors sent Ford Motor Co shares skidding on Tuesday after the company delivered a weaker-than-expected 2020 forecast, warning of higher warranty costs, lower profits at its credit arm and continued investments in future technology such as self-driving cars.

Shares in the No. 2 U.S. automaker plunged 9.4% in after-hours trading, shaving more than $3 billion off the company’s value. In comparison, electric carmaker Tesla closed up nearly 14%, pushing its market cap to $160 billion, more than four times the size of Ford’s $36.4 billion.

“The results were not OK in 2019,” Ford Chief Financial Officer Tim Stone told reporters at the company’s headquarters outside Detroit.

“As I look to 2020 and beyond, I’m very optimistic,” he said, while cautioning that Ford’s lower guidance does not yet account for the potential impact of the coronavirus outbreak in China.

In an after-hours call with financial analysts, Chief Executive Jim Hackett was more blunt about the challenge of balancing Ford’s protracted turnaround efforts with its continuing work on future technology, including electric and self-driving cars.

“I don’t think this company can keep straddling the old and new worlds forever … This company has to change,” Hackett said.

Ford said it expects 2020 operating earnings to be in the range of 94 cents to $1.20 a share. Analysts were expecting $1.26 a share.

Stone said Ford expects to continue its quarterly dividend of 15 cents, which could cost the company $2.4 billion in 2020. Asked about continuing the dividend after lowering its 2020 guidance, Hackett said, “We like to return value to shareholders.”

The disappointing 2020 forecast, coming after Ford previously trimmed its 2019 outlook, is a blow for Hackett, who took the helm in May 2017.

He has been asking investors to be patient with a restructuring that has seen the formation of a wide-ranging alliance on commercial, electric and autonomous vehicles with Volkswagen AG <VOWG_p.DE> and the sale of its money-losing operations in India to a venture controlled by India’s Mahindra & Mahindra.

But by Ford’s own accounting, the restructuring is far from complete. It has booked $3.7 billion of the projected $11 billion in charges it previously said it would take, and expects to book another $900 million to $1.4 billion this year.

For the fourth quarter of 2019, Ford reported a net loss of $1.7 billion, or 42 cents a share, compared with a loss of $100 million, or 3 cents a share, a year earlier.

The quarter included a loss of $2.2 billion due to higher contributions to its employee pension plans, something it disclosed last month.

Revenue in the quarter fell 5% to $39.7 billion, above the $36.5 billion Wall Street had expected.

Ford’s adjusted free cash flow fell 67% in the fourth quarter to $500 million, including the $600 million cost of bonuses related to a new labor deal with the United Auto Workers union. The UAW deal also played a role in driving North American automotive profit margins down to 2.8% in the fourth quarter.

Ford said its operating losses in China last year totaled $771 million, including a loss of $207 million in the fourth quarter. It lost $1.5 billion in 2018. Ford’s market share in China in the fourth quarter fell to 2% from 2.3% last year.

In December, Ford said it would halve its operating loss in 2019 and nearly halve it again in 2020, followed by further improvement in 2021.

However, that forecast was before the appearance of the fast-spreading coronavirus and its crippling effects on China’s economy.

Ford’s China sales fell about 15% in the fourth quarter and 26% for the year as it continued to lose ground in its second-biggest market. Ford has been struggling to revive sales in China since its business began slumping in late 2017.

Detroit rivals General Motors Co and Fiat Chrysler Automobiles are scheduled to report their results on Wednesday and Thursday, respectively.

(Reporting by Ben Klayman and Paul Lienert; Editing by Tom Brown)

Amazon Hires Sun Country to Fly Shipments

December 18, 2019 /
  • Sun Country will start cargo service with a big first customer: Amazon
  • Minnesota airline will add 10 planes, 70 pilots under 6-year cargo service deal.

Amazon is hiring Sun Country Airlines to fly packages around the country, a windfall deal that thrusts the Minnesota carrier into the cargo business.

The six-year deal, announced Tuesday, will immediately create a massive expansion for Sun Country. From the first flights next spring, the new cargo service for Amazon Air will quickly grow to represent 20% of all of Sun Country’s flying.

It is the first time Amazon has hired a commercial passenger airline for air service.

Sun Country will add 10 airplanes to its fleet and hire an additional 70 pilots to its existing force of 350. The Twin Cities-based airline will also hire more maintenance workers and 20 to 30 headquarters staffers to support Amazon Air operations.

“These are pretty highly compensated positions. … We are very excited about this,” Jude Bricker, Sun Country’s chief executive, said Tuesday. “This is going to be a great growth opportunity for our company, and the important thing for the Twin Cities is it will make us a better airline for Minnesota leisure travelers.”

Click the link for the full story! http://www.startribune.com/sun-country-will-start-cargo-service-with-a-big-first-customer-amazon/566286912/

Amazon is hiring Sun Country to fly shipments under its Amazon Air business. The six-year deal puts Sun Country into the scheduled cargo business for the first time. It will hire 70 pilots to fly the routes.

JetBlue Founder David Neeleman Selects Salt Lake City as Headquarters for New Airline

December 16, 2019 /
JetBlue Founder David Neeleman Selects Salt Lake City as Headquarters for New Airline

America’s newest and perhaps most innovative airline does not yet have a name, or any airplanes. But it now has a headquarters.

David Neeleman’s startup will be based in Salt Lake City, where it plans to spend a capital investment of $3.2 million and create nearly 400 jobs over the next five years, according to local authorities. In return, the state offered tax rebates worth as much as about $1.1 million over five years.

“There’s a super strong technology base, and lower cost of living than California and some of the coastal areas,” Lukas Johnson, the airline’s chief commericial said in an interview. “We want to focus more on the technology aspect of the transportation side, and it makes a lot of sense. The tech sector is booming out here.”

Click the link for the full story! https://finance.yahoo.com/news/jetblue-founder-david-neeleman-selects-195511487.html

SBB’s New Double-Deck Train is Getting Better and Better

November 10, 2019 /
  • Significant increase in reliability and ride comfort

The introduction of the new “FV-Dosto” double-deck long-distance train on the Swiss Federal Railways (SBB) route network is making significant and measurable progress.  As the manufacturer Bombardier Transportation explained at its Swiss headquarters in Zurich, the reliability of the 25 trains available to the SBB has been increased by a factor of seven, and ride comfort has been substantially improved thanks to newly installed software. This and the train’s highly energy-efficient drive concept, also led to a significant improvement in punctuality on the routes operated with the FV-Dosto. With the help of software developed and adapted by Bombardier, it has been possible to reduce the previously noticeable vibrations, particularly in the upper decks of trains by up to 75 per cent, thereby substantially increasing ride comfort.

As Stéphane Wettstein, the Swiss Managing Director of Bombardier Transportation, explained, the technical reliability of the FV-Dosto trains used, once again significantly increased to 6,914 km of trouble-free operation in October. This corresponds to an improvement by a factor of seven over the last 11 months. Approximately 34 per cent of service disruptions are caused by operational and passenger-triggered incidents and accordingly affect the overall reliability of operations. Wettstein put the increase in the technical reliability of the trains down to the effectiveness of the agreed actions and the increasing mileage of the Dosto fleet, which has now covered a total of around 2.27 million kilometres. He is therefore confident that technical and operational reliability will continue to improve steadily. Since the timetable change in December 2018, around 75 per cent of the technical causes of disruptions have been eliminated.

Reliability and drive concept have a positive effect on punctuality

The greater reliability and increasing trouble-free availability of the trains also have a positive effect on the punctuality of the IR and IC services operated by the FV-Dosto. According to the surveys on the statistics website pünktlichkeit.ch, it is better in eastern Switzerland than in other parts of the country. This is not only due to higher reliability of the FV-Dosto trains, but also to their drive concept: unlike conventional trains, the FV-Dosto is not pulled or pushed by a locomotive, but driven by high energy-efficient and permanent magnet motors on the axles of the individual carriages. This allows long-distance trains to accelerate much faster, which positively contributes to timetable adherence.

Substantial improvement of ride comfort

In recent weeks, great progress has also been made in terms of ride comfort. With the new software installed in September 2019, it has been possible to eliminate the vibrations that used to be felt, mainly in the upper deck, to such an extent that some of them are now lower than in conventional double-deck trains. However, Stéphane Wettstein pointed out that, although Bombardier’s mechatronic bogies had been able to improve ride comfort, railway infrastructure, which also influences passengers’ level of comfort, has not gotten any better.

The technologically complex system for eliminating vibrations is based on stabilizing the carriage body in every driving situation, in such a way that the passenger feels less of the centrifugal forces in curves and changes of direction when passing over points than in conventional double-deck or tilting trains. While the ICN tilting train, which was also built by Bombardier as the consortium leader, tilts inwards in curves up to 7°, the FV-Dosto stays perpendicular to the track level. Together with the drive system and the pressure-tight carriage body, which prevents unpleasant pressure on the ears, especially when travelling through tunnels, this system is one of the major innovations of what is currently the world’s most modern long-distance train.

SBB already has 25 new trains

“The FV-Dosto is technologically a leading product in the industry in terms of its energy efficiency and the wide range of comfort it offers its passengers, even on a global scale – something Switzerland can be proud of, especially since important systems such as the traction or the bogies were developed in Switzerland and are largely manufactured in Switzerland,” says Swiss Managing Director of Bombardier Transportation Stéphane Wettstein.

Bombardier has now delivered a total of 25 of the FV-Dosto trains, which corresponds to SBB’s planning for the timetable change in 2019. By summer 2021, the entire fleet of (62) trains will have been delivered. The great public interest in the FV-Dosto has also prompted Bombardier to intensify communication regarding this high-tech train. The company has launched a website at swissdosto.ch which provides continually updated information on the introduction and operation of the train on the Swiss rail network.

Bombardier creates considerable value in Switzerland

Bombardier Transportation is one of the world’s largest manufacturers of public transport vehicles, mainly rail vehicles. The company is headquartered in Montreal, Canada and employs around 40,000 people around the world. More than 100,000 Bombardier vehicles are in service worldwide, carrying some 500 million passengers every day. In Switzerland, Bombardier’s roots go back some 120 years; many of the famous Swiss railway manufacturers from Secheron and MFO to BBC, ABB and Schindler Waggonbau to SLM have been combined under Bombardier over the decades. Today, around 870 employees work for Bombardier in Switzerland, 340 of them at the headquarters and global development centre in Zurich and 530 at the Villeneuve (VD) plant. Numerous Swiss suppliers are also involved in the development and production of the FV-Dosto, and their order volume accounts for around 50 per cent of the total external investment volume of CHF 600 million for the (62) ordered trains. After all, Bombardier is not only the supplier of FV-Dosto for SBB, but also of locomotives, technical services and the BOMBARDIER FLEXITYtram, which is already being used successfully in Geneva and Basel and the first of which will also be handed over to the Zurich public transport operator VBZ on November 15, 2019.

Helvetic Airways Receives its First Embraer E190-E2 Jet

October 31, 2019 /

Zurich, Switzerland, October 31st, 2019 – In ceremony held at its headquarters in Zurich, Switzerland, Helvetic Airways officially received its first E190-E2 jet from Embraer. The airline has a contract for a firm order of 12 jets of this model, and purchase rights for a further 12 E190-E2, with conversion rights to the E195-E2, bringing the total potential order up to 24 E-Jets E2s.

“As the only Swiss airline to operate Embraer aircraft, Helvetic Airways already stands out from the competition,” said Martyn Holmes, Vice President Europe, Russia & Central Asia, Embraer Commercial Aviation. “And, with our state-of-the-art E190-E2, it now has the perfect aircraft, in terms of environmental sustainability and to maximize the profitability of its flight operations.”

Helvetic Airways CEO Tobias Pogorevc is pleased to have achieved this milestone. “After more than eighteen intensive months,” he commented, “it’s a sense of accomplishment that we feel most today. With the E190-E2, Helvetic Airways is entering a truly new era. Our state-of-the-art twinjet will make us one of Embraer’s leading European operators. And it gives us just the modern and environmentally friendly aircraft we need to continue our development.”

This E190-E2 aircraft marks the start of Helvetic’s fleet renewal program. The purchase rights for a further 12 aircraft (E190-E2 or E195-E2) will enable Helvetic Airways to grow according to market opportunities. Helvetic Airways is configuring the E190-E2 in a single class layout with 110 seats and will deploy the aircraft on several domestic and international routes.

The E190-E2 is the first of three new aircraft types that make up the Embraer E2 family of aircraft, developed to succeed the first-generation E-Jets. Compared to the first-generation E190, the E190-E2 burns 17.3% less fuel and nearly 10% less than its direct competitor. This makes it the most efficient single-aisle aircraft on the market. The E190-E2 brings more flexibility with maximum range of up to 3,293 miles (5,300 km), about 621 miles (1,000 km) more than the first-generation E190.

The E190-E2 also generates significant savings for airlines in terms of maintenance costs. It has the longest maintenance intervals with 10,000 flight hours for basic checks and no calendar limit in typical E-Jets utilization. This means an additional 15 days of aircraft utilization over a period of ten years.

Pilots of the first-generation E-Jets require only two-and-a-half days of training without the need for a full flight simulator in order to fly the E2, which decreases the training burden and saves both time and money for the airlines. The E2 cockpit features advanced Honeywell Primus Epic 2 integrated avionics. Combined with the closed-loop fly-by-wire controls, the systems work together to improve aircraft performance, decrease pilot workload and enhance flight safety.

From the passenger’s perspective, the E2 cabin features a comfortable two-by-two layout. The absence of a middle seat enables passengers to have an enjoyable flight experience with more legroom and additional luggage storage space.

Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers across the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 aircraft have been delivered. Today, E-Jets are flying in the fleets of 80 customers in 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline network carriers.

British Airways Takes Delivery of its First A350-1000

July 29, 2019 /

British Airways (BA) has taken delivery of its first A350-1000 at Airbus headquarters in Toulouse, France, making it the first operator of the larger A350-1000 in International Airlines Group (IAG). In total, BA has ordered 18 A350-1000’s. Iberia, which is also part of IAG, already operates five of the smaller A350-900’s.

BA’s A350 XWB with its modern and comfortable Airspace cabin will usher in new levels of comfort with the launch of the Club Suite, the first new business class seat for British Airways in 13 years. The airline’s sophisticated and newly-branded “Club Suite” offers direct-aisle access, a suite door for greater privacy and luxurious flat-bed seats in a 1-2-1 configuration.

The three-class layout includes 56 Club Suites, 56 World Traveller Plus and 219 World Traveller economy seats.

BA, celebrating its 100th anniversary, will initially use the aircraft to fly between London and Madrid prior to flying long-haul routes from September.

BA operates a fleet of over 150 Airbus aircraft from the smallest A318 to the largest A380.

The A350 XWB offers by design unrivalled operational flexibility and efficiency for all market segments up to ultra-long haul (15,000 km). It features the latest aerodynamic design, a carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25% reduction in fuel burn and emissions. The A350 XWB’s Airspace by Airbus cabin is the quietest of any twin-aisle and offers passengers and crews the most modern in-flight products for the most comfortable flying experience.

At the end of June 2019, the A350 XWB Family had received 893 firm orders from 51 customers worldwide, making it one of the most successful wide-body aircraft ever.

Japan Airlines Takes Delivery of First A350 XWB

June 14, 2019 /

Japan Airlines (JAL) has taken delivery of its first A350 XWB at Airbus Headquarters in Toulouse, France. The A350-900 is the first aircraft produced by Airbus for JAL. The milestone event was attended by JAL Representative Director and Chairman Yoshiharu Ueki and Airbus Chief Commercial Officer Christian Scherer.

Altogether, JAL has ordered 31 A350 XWB aircraft, comprising 18 A350-900’s and 13 A350-1000’s. JAL will initially operate the A350-900 on high frequency domestic routes, while the larger A350-1000 will fly on the carrier’s long haul international network. The first aircraft will enter service on the airline’s Haneda – Fukuoka route at the start of September.

JAL’s A350-900 is configured in a premium three class layout, with 12 seats in First Class, 94 in Class J and 263 in Comfort Economy.

The ferry flight of the first JAL A350-900 is being performed with a blend of conventional and synthetic fuel, contributing to reduced CO2 emissions.

The A350 XWB offers by design unrivalled operational flexibility and efficiency for all market segments up to ultra-long haul (15,000km). It features the latest aerodynamic design, a carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25 per cent reduction in fuel burn and emissions. The A350 XWB’s Airspace by Airbus cabin is the quietest of any twin-aisle and offers passengers and crews the most modern in-flight products for the most comfortable flying experience.

At the end of May 2019, the A350 XWB Family had received 893 firm orders from 51 customers worldwide, making it one of the most successful wide-body aircraft ever.

For more information about the A350 family, please click here.

@JAL_Official_jp @Airbus #A350

Amtrak Customers Celebrate 90 Years of Empire Builder Service

June 13, 2019 /

Commemorative merchandise now available

CHICAGO – Amtrak today marked the 90th anniversary of the Empire Builder, which travels across the country’s northern tier, allowing customers to experience the grandeur of the Mississippi River Valley, Great Plains, Rockies and the Cascade Range. Daily service between Chicago and the Pacific Northwest provides a vital intercity travel option connecting more than 40 communities in eight states.

Sleeping car customers received wooden train whistles from Amtrak Guest Rewards and all customers departing Chicago received commemorative certificates signed by Amtrak President & CEO Richard Anderson. Prints of a new Empire Builder painting by railroad artist J. Craig Thorpe are available in the Amtrak store and, for a limited time, other items to recognize the anniversary of the service are also available from Amtrak.

Inaugurated by the Great Northern Railway (GN), the first westbound Empire Builder departed Chicago on the evening of June 10, 1929, but it was christened the next day in St. Paul, Minnesota, where the GN had its headquarters and where its mainline to Seattle began. The premier service was named for James J. Hill–the “Empire Builder,” who in the late 19th century founded what became the GN.

The GN and three railroads merged in 1970 to form the Burlington Northern, which continued to operate the Empire Builder until May 1, 1971, when newly-formed Amtrak took it over and changed the route to include Milwaukee by using what is now the Canadian Pacific Railway between Chicago and St. Paul. In October 1979, it became the first overnight train to be assigned bi-level Superliner® railcars, setting a higher travel standard that continues today.

Last year, 428,854 customers rode the Amtrak Empire Builder, Trains 7/27 & 8/28.

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