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Alstom India set to onboard 700 young engineers under flagship Young Engineering Graduate Program of 2023

Bengaluru, India, 4 July 2023 – Alstom (OTC: ALSMY) , global leader in smart and sustainable mobility, launches its flagship Young Engineering Graduate Program (YEGP) 2023 with a target to onboard 700 young graduate engineers in India over the next two months. This is the highest ever intake under this initiative in the country. YEGP is a key element of Alstom’s India hiring strategy since 2015, aimed at developing young engineers talent for Indian and global business needs. Out of 700 hires, 58% are women engineers in line with the company’s gender diversity focus. Further, the campus hiring has been done from 54 universities across 26 states ranging from several Northeastern states to Gujarat and from Jammu & Kashmir to Kerala in tandem with Alstom’s regional diversity promise. There is a 2x increase vis-à-vis 30 hires from the last year (2022) from the North-eastern states alone.

The 14 days program focuses on providing an immersive and engaging experience to all the YEGs, while helping them get a better understanding of Alstom’s business, operations and functions through close interactions with the leadership team. The candidates are being onboarded as Graduate Engineer Trainees & Post Graduate Trainees will be enabled through structured induction, technical, functional and on the job trainings. They will be taking up roles such as, Application Engineers, Train Control Engineer, Train Design Engineer, Testing & Commissioning Engineer etc. and will be working across Alstom’s six manufacturing facilities and four engineering centers catering to domestic and international markets.

Since its inception, more than 1800 engineering graduates have been recruited under this program in partnership with leading technical/engineering colleges and universities across India. In terms of engineering disciplines, the hires come with engineering specializations in Mechanical, Electrical, Electronics, Instrumentation, Computer Science, Industrial, Mechatronics, etc.

Alstom has also retained its place as the first and only organisation in India to be certified as a Top Employer in the mobility sector consecutively for the third time this year. This is a testament to Alstom’s continued commitment towards creating a better workplace through excellent people practices. To ensure the integration and development of its young recruits, the company counts on a strong internal learning culture. Alstom India is leading globally in terms of learning hours. Through Alstom University, an online learning management system, employees can learn about various subjects for their desired roles at their own pace.

K5-Aviation Takes Delivery of its First ACJ330-300

Toulouse, France February 9, 2022 –  K5-Aviation has taken delivery of its first ACJ330-300 Airbus (OTC: EADSY) aircraft. K5-Aviation is the largest ACJ (Airbus Corporate Jets) operator in Europe with four ACJ319’s and one ACJ350-900 in its fleet.

Designed for highly-demanding VIP and private markets, the  ACJ330-300 delivers top-end luxury, comfort and true nonstop range to the world. The ACJ330-300 aircraft will feature a 243m² VIP cabin, installed by Fokker Techniek, the outfitter selected by K5-Aviation. Onboard guests can experience ultimate comfort over 8,650 nm/16,000 km or up to 18.5 hours, enough to fly nonstop from Europe to Australia.

At the end of December 2021, Airbus’ A330 Family had won over 1,800 orders, making it the world’s most successful widebody aircraft. More than 210 Airbus corporate jets are in service worldwide, flying on every continent, including Antarctica, and more than 1,800 private and business aviation Airbus helicopters are in service worldwide. 

Singapore Airlines Selects the Airbus A350F Freighter

Toulouse, France December 15, 2021 – Singapore Airlines (OTC: SINGY) has signed a Letter of Intent (LoL) with Airbus for seven A350F freighter aircraft. The agreement will see the A350F begin replacing the airline’s existing B747-400F fleet in the fourth quarter of 2025.

Earlier this year Airbus received Board of Directors approval for a freighter derivative of the A350 designed to meet the imminent wave of large freighter replacements and the evolving environmental requirements, shaping the future of airfreight. The A350F will be powered by latest technology, fuel-efficient Rolls-Royce Trent-XWB97 engines. 

The A350F will have a high level of commonality with the A350 passenger versions. With a 109 ton payload capability, the  A350F will serve all cargo markets. The aircraft features a large main deck cargo door, with its fuselage length and capacity optimised around the industry’s standard pallets and containers. 

Over 70% of the airframe will be made of advanced materials, resulting in a 30 tonne lighter take-off weight and generating at least 20% lower fuel consumption and emissions over its current closest competitor. The A350F will fully meet ICAO’s enhanced CO₂ emissions standards coming into effect in 2027.

Singapore Airlines is the world’s largest operator of the A350, with 56 aircraft currently in service across its network. The agreement with Singapore Airlines is the third commitment received for the new A350F over the past month.

Spirit AeroSystems Reports Third Quarter 2021 Results

Spirit AeroSystems Reports Third Quarter 2021 Results

  • Delivered 250 shipsets, compared to 206 in Q3 2020; delivered 47 737 shipsets in Q3 2021 compared to 15 in Q3 2020
  • Revenue of $980 million in Q3 2021, compared to $806 million in Q3 2020
  • Cash guidance unchanged: full-year 2021 cash used in operations is expected to be between $(50) to $(150) million; full-year 2021 free cash flow* is expected to be between $(200) and $(300) million
  • EPS of $(1.09) in Q3 2021 compared to $(1.50) in Q3 2020
  • Established business divisions to focus on key growth markets: Commercial, Defense & Space, and Aftermarket; Segment reporting change beginning Q4 2021
Spirit-Aerosystems-Q3-2021

Harbour Air Seaplanes Joins Hahn Air Partner Network

Hahn Air welcomes Harbour Air Seaplanes in its leading partner portfolio. Its flights are available in major GDSs under the Hahn Air Technologies X1 code. Travel agents in 190 markets worldwide can book the latest Canadian partner via the standard reservation process and issue tickets on the insolvency-safe HR-169 document. 

Harbour Air Seaplanes (YB) is a Canadian seaplane airline based at Vancouver Coal Harbour airport in British Columbia. It offers scheduled flights to ten domestic destinations, including Victoria Harbour Airport (YWH), Nanaimo Harbour Water Aerodrome (ZNA) and Tofino Harbour (YTP). Its fleet consists of DHC-2’s, DHC-6-200’s, DHC-6-300 fleet aircraft as well as a Cessna Grand Caravan EX.

More information about Harbour Air Seaplanes and other Hahn Air partners is available under Partner Carriers.

About Hahn Air Lines

Hahn Air Lines is a German scheduled and executive charter airline and a member of the International Air Transport Association (IATA). Founded in 1994 at the Hahn Airport, which the airline’s name is derived from, Hahn Air Lines is today based at the German airport Dusseldorf (DUS).

Embraer Opens an Office in Hungary

Embraer announced today the opening of an office in Budapest, the capital of Hungary. The main objective is to foster cooperation in Hungary, which could result in future developments under new partnerships. The office also creates an administrative hub for projects development in Central and Eastern Europe.

This initiative is part of Embraer’s strategy to establish new partnerships in select markets. Some of the key aspects of this future cooperation are the collaborative efforts with new partners, long-term projects, and investment in reliable dual-use technology.

The office will employ Hungarian personnel, administrative and engineering staff that will work in close cooperation with Embraer’s teams in Brazil.

Aeromexico Starting Service Between Cancun, Mexico and Sao Paulo, Brazil

Cancun, Quintana Roo, August 16, 2021, – As of December 15 to April 17, 2022, Aeromexico will launch seasonal service between Cancun and São Paulo with three weekly flights and operated with its Boeing 787 Dreamliner aircraft.

The airline has offered service to Brazil for more than two decades, and this new route will increase the carrier’s total monthly seats offer between both countries by 43%.

Mexico is one of Brazil’s strategic markets that has shown substantial growth during the last few years, and one of the important boosters has been the tourism offer of the state of Quintana Roo. Among Cancun’s main visitors are Brazilians.

This route is in addition to the nonstop service that Aeromexico announced last week from Guadalajara and Monterrey to Madrid.

The carrier currently serves 81 domestic and international routes and continues to apply the industry’s highest health and cleanliness standards in all its operations.

Embraer’s Eve and Kenya Airways Partner on the Future of Urban Air Mobility

Eve Urban Air Mobility Solutions (“Eve”) signed a Memorandum of Understanding (MoU) with Kenya Airways PLC, the flag carrier of Kenya, through its fully owned subsidiary Fahari Aviation. This collaboration aims to develop operational models for the wide-accessibility of Urban Air Mobility (UAM) to support Fahari Aviation’s key markets. In addition, this partnership will establish the co-creation of a foundation of concepts and procedures to safely scale electrical vertical takeoff and landing (eVTOL) aircraft, also known in the market as EVA (Electrical Vertical Aircraft).

Eve will support Fahari Aviation, the Unmanned aircraft systems (UAS) division of Kenya Airways that promotes safe and secure UAS usage in the region, in establishing its UAM network and collaborate on the required Urban Air Traffic Management (UATM) procedures and UAM operating environment. This partnership will also allow Fahari Aviation to support Eve’s aircraft and product development process which will help guide the integration of UAM with Kenya Airways’ overall operations. Eve’s fully electric aircraft is designed to be accessible to all while being a community-friendly aircraft with a low noise signature and no emissions. It aims to drastically cut road travel time. It is ideally suited as a UAM aircraft bringing all traditional aviation travelers closer to their final destination efficiently and comfortably.

The partnership will deliver a robust strategy to provide Fahari Aviation’s passengers with a sustainable, accessible, and affordable transportation option. It is estimated that using UAM from the airport to downtown, EVA can reduce conventional road trips by up to 90% turning an hour and a half ride into a 6-minute flight.

Boeing Company Announces Second Quarter Deliveries

The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2021.

“We continue the work to deliver on our commitments to our commercial, defense, space and services customers, while positioning our business for a stable and strong recovery from the pandemic. In the second quarter, we made progress in safely returning the 737 MAX to service in more international markets and increasing the pace of 737 deliveries,” the company said.

As Boeing has previously shared, the company has been engaged in detailed discussions with the FAA on verification methodology for 787 fuselages, and conducting associated inspections and rework. In connection with these efforts, the company has identified additional rework that will be required on undelivered 787s. Based on our assessment of the time required to complete this work, Boeing is reprioritizing production resources for a few weeks to support the inspection and rework. As that work is performed, the 787 production rate will temporarily be lower than five per month and will gradually return to that rate. Boeing now expects to deliver fewer than half of the 787s currently in inventory this year.

“We will continue to take the necessary time to ensure Boeing airplanes meet the highest quality prior to delivery. Across the enterprise, our teams remain focused on safety and integrity as we drive stability, first-time quality and productivity in our operations,” the company added.

Major program deliveries during the second quarter were as follows:

Major Programs2nd Quarter 
2021
Year-to-
Date 2021
Commercial Airplanes Programs
73750113
74712
767813
777814
7871214
Total79156
Defense, Space & Security Programs
   AH-64 Apache (New)615
   AH-64 Apache (Remanufactured)1631
   CH-47 Chinook (New)36
   CH-47 Chinook (Renewed)14
   F-15 Models58
   F/A-18 Models711
   KC-46 Tanker24
   P-8 Models36
   Commercial and Civil Satellites
   Military Satellites
Note: Delivery information is not considered final until quarterly financial results are issued.

BBAM Orders 12 Additional 737-800 Boeing Converted Freighters

Boeing [NYSE: BA] and BBAM Limited Partnership (BBAM) today announced that the lessor is expanding its 737-800 Boeing Converted Freighter fleet with 12 additional firm orders. The agreement brings BBAM’s 737-800BCF orders and commitments to 31 as e-commerce and express cargo markets continue to drive strong customer demand for freighters.

BBAM will be the first customer to have a 737-800BCF converted at Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA), a Costa Rica-based maintenance, repair and overhaul (MRO) provider. In May, Boeing announced it would open two conversion lines at COOPESA in 2022.

In a separate deal announced in January, BBAM placed six firm orders and six options for the 737-800BCF. The 737-800BCF has won more than 200 orders and commitments from 16 customers.

BBAM is the world’s largest dedicated manager of investments in leased commercial jet aircraft providing over 200 airline customers in more than 50 countries with fleet and financing solutions over the last three decades, and the only significant manager in sector focused exclusively on generating investment returns on third party capital. With more than 500 aircraft under management, BBAM employs over 150 professionals at its headquarters in San Francisco and offices around the world, located in New York, London, Tokyo, Singapore, Zurich, Dublin and Santiago. BBAM is a full-service lessor and maintains its own in-house capabilities encompassing aircraft origination, disposition, lease marketing, technical maintenance, regulatory compliance, capital markets activity, tax structuring, legal, contracts and finance, for all asset types and strategies.

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

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