Tag: MOU (Page 2 of 2)

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

August 12, 2021 / WIL BALDWIN

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.

Emirates and TAP Air Portugal Sign MOU to Expand Strategic Partnership

March 17, 2021 / WIL BALDWIN

Dubai, UAE, March 2021 – Emirates and TAP Air Portugal has signed a Memorandum of Understanding (MoU) to expand the codeshare partnership currently in place between both airlines. The new agreement will see customers of both airlines benefit from seamless connectivity on many new routes across the Americas, North Africa and East Asia. Emirates and TAP Air Portugal will also explore ways to enhance the co-operation on their respective frequent flyer programmes including reciprocal earning and redemption opportunities and popular benefits such as lounge access.

In addition, both airlines plan on supporting each other’s stopover programmes in Dubai and Lisbon, with Emirates also supporting TAP Air Portugal as it looks at potential expansion opportunities in the UAE.

Subject to required regulatory approvals, the expanded agreement is expected to come into effect from 01 May 2021, will provide customers with seamless booking, ticketing and travel benefits across 70 destinations on both airlines’ networks.

Under the expanded partnership, TAP Air Portugal will place its code on Emirates’ flights to popular East Asia destinations such as Taipei, Tokyo, Osaka, Mumbai, Delhi, Dhaka, Male, Jakarta, Denpasar, Manila, Hanoi, as well as Barcelona, and Mexico City.

Emirates customers will be able to seamlessly access additional domestic destinations in Portugal, as well as TAP Air Portugal’s flights to cities in the USA, Canada, Mexico, Brazil, Senegal, Guinea-Bissau, Guinea-Conakry, Morocco, Tunisia, Gambia, and Cape Verde.

Airbus, Fujitsu & Thales Team Up On British Army Future Communication Program

March 9, 2021 / WIL BALDWIN

London, 9 March 2021 – Airbus, Fujitsu and Thales UK have signed a memorandum of understanding (MOU) to work collaboratively on the upcoming Systems Integrator (SI) opportunity for the UK Ministry of Defence (MOD), Land Environment Tactical Communications and Information Systems programme – known as LE TacCIS.

Following the signature of the MOU, the partners have formed team ICELUS led by Airbus that will bring together a trusted collective of MOD strategic partners who have a unique breadth of expertise of defence communications networks. ICELUS will offer pioneering change through a coherent systems integration approach to ultimately deliver operational effectiveness and information advantage to the end user, whilst sustaining a UK centric, defence industrial base. The three partners will be able to jointly explore how their respective unique expertise and solutions can be combined in order to put forward the best-possible proposals with regard to capabilities and competitiveness for this major programme.

ICELUS will focus on the upcoming LE TacCIS System Integrator (SI) opportunity to lead on the design and integration of the products & services for applications, infrastructures and networks. The LE TacCIS System Integrator is expected to be contracted by 2023/2024.

The LE TacCIS programme consists of multiple sub-programmes and projects with the aim to deliver the next generation of tactical military communications in the land environment, providing the means to make informed and timely decisions enabled by agile Communication Information Systems (CIS).

LE TacCIS is designed to be resilient, working securely in a congested and contested cyber battlespace. It will degrade gracefully and recover when attacked, continuing to provide essential Command and Control (C2) services and capabilities. It will integrate with other systems to allow the quick and easy sharing of information between platforms and weapon systems, delivering full-spectrum, multi-domain effects.

In contrast to the current system’s single source prime supplier model, elements of the LE TacCIS programme will be competed from industry who will be incentivised to deliver increased system agility, capability and value for money.

Rolls-Royce Signs MoU with Fermi Energia for Compact Nuclear Power Stations

March 2, 2021 / WIL BALDWIN

Rolls-Royce (London: RR.L) and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of affordable, compact nuclear power stations, known as small modular reactors (SMR), in Estonia. The study will cover all aspects of deployment including grid suitability, cooling, emergency planning, human resources, licensing feasibility, economics and supply chain.

Rolls-Royce is leading a consortium that is designing a low-cost factory built nuclear power station, known as a small modular reactor (SMR). Its standardised, factory-made components and advanced manufacturing processes push costs down, while the rapid assembly of the modules and components inside a weatherproof canopy on the power station site itself avoid costly schedule disruptions.

Fermi Energia is a company founded by nuclear scientists, energy experts and entrepreneurs to bring small modular reactors to Estonia to meet its climate goals, help the economy develop and gain energy security.

The consortium led by Rolls-Royce is working with its partners and UK Government to secure a commitment for a fleet of factory built nuclear power stations, each providing at least 440MW of electricity, to be operational within a decade, helping the governments around the world net zero obligations.

The consortium members feature the best of nuclear engineering, construction and infrastructure expertise in Assystem, Atkins, BAM Nuttall, Jacobs, Laing O’Rourke, National Nuclear Laboratory, Nuclear Advanced Manufacturing Research Centre, Rolls-Royce and TWI. The current phase of the programme has been jointly funded by all consortium members and UK Research and Innovation.

The power stations will be built by the UKSMR consortium, before being handed over to be operated by power generation companies.

Siemens Mobility SignsMoU to Install Egypt’s First High-Speed Rail System

January 17, 2021 / WIL BALDWIN

Agreement comprises a rail system with a network of around 1000km – first being a 460km project valued around 3bn$
Turnkey Engineering, Procurement and Construction project including 15 years of services
Siemens Mobility to provide high-speed and regional trains, locomotives, rail infrastructure, system integration and other services

The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility have signed a Memorandum of Understanding (MoU) – together with the local companies Orascom Construction S.A.E. and The Arab Contractors (Osman Ahmed Osman & Co.) – to design, install and commission Egypt’s first ever high-speed rail transportation system. Additionally, Siemens Mobility will be providing maintenance services. The agreement comprises a rail system with a network of 1000km, with the first being a 460km high-speed line. The order value of this initial high-speed line is around 3bn$.

The MoU was signed by Essam Waly, Chairman of Egypt’s National Authority for Tunnels, and Michael Peter, CEO Siemens Mobility, in a meeting on January 14, 2021 in Cairo. This was witnessed by His excellency, Prime Minister Mostafa Madbouly, His excellency, Minister of Transport Egypt Kamel Al Wazir, as well as Siemens CEO Joe Kaeser and Siemens Deputy CEO Roland Busch.

The first 460 km long high-speed line will connect the vastly developing cities of El-Alamein on the Mediterranean Sea to Ain Sokhna on the Red Sea, while also passing through the New Administrative Capital. The line will also be operable for freight transport purposes which will further foster economic growth in the region.

Siemens Mobility is the global leader in high-speed rail operations and is one of the leading companies in the Egyptian mobility market since the 1960s. The company has also extensive experience in delivering high-speed rail projects in the Middle East and Africa region.

As a leading global rail turnkey project provider with a proven track record of delivering projects on time, Siemens Mobility integrates its portfolio elements and delivers complete rail systems reliably and from one single source. So far, the company has successfully completed around 50 turnkey projects all over the world – delivering many ahead of schedule. Latest projects include the Extension of the Blue Line metro in Bangkok finished last year and the Copenhagen Light Rail project.

For further information about Siemens Mobility, please see: www.siemens.com/mobility

Spirit Airlines Signs MoU for up to 100 A320neo Family Aircraft

October 25, 2019 / WIL BALDWIN

Airbus and Spirit Airlines have agreed to a Memorandum of Understanding for the U.S.-based airline to acquire up to 100 A320neo Family aircraft. Spirit announced its intention to place firm orders for a mix of A319neo, A320neo, and A321neo to meet its future fleet requirements.

“This new order represents another milestone for Spirit,” said Spirit Airlines’ President and CEO Ted Christie. “The additional aircraft will be used to support Spirit’s growth as we add new destinations and expand our network across the U.S., Latin America, and the Caribbean. We look forward to working with our valued partners at Airbus to finalise our agreement.”

“The Airbus A320 Family has been a strong platform for the remarkable success of Spirit over the past several years,” said Airbus Chief Commercial Officer Christian Scherer. “The ongoing, enthusiastic spirit the airline demonstrates in our A320neo Family is most rewarding, and we look forward to playing a part in the Spirit team’s continued growth for many, many years to come.”

Spirit is a fast growing ultra-low-cost carrier in the Americas, based in South Florida.

Featuring the widest single-aisle cabin in the sky, the best-selling A320neo Family, comprising the A319neo, A320neo, and A321neo, deliver at least 20% reduced fuel burn as well as 50% less noise compared to previous-generation aircraft, thanks to incorporating the very latest technologies including new-generation engines and Sharklets. At the end of September 2019, the A320neo Family had received more than 6,650 firm orders from nearly 110 customers worldwide.

Mitsubishi Aircraft Signs MOU for 100 SpaceJet Planes

September 5, 2019 / WIL BALDWIN

(Reuters) – Mitsubishi Aircraft Corp and Mesa Airlines Inc, a regional airline operator, entered into a memorandum of understanding to begin talks on purchase of 100 SpaceJet M100 aircraft.

The aircraft is a revamped version of Mitsubishi’s smaller jet MRJ70, designed to carry 65 to 88 people.

Under the MOU, the companies target 50 firm orders and purchase rights for an additional 50 planes.

The deliveries to the unit of Mesa Air Group <MESA> would begin in 2024, Mitsubishi said in a statement.

(Reporting by Soundarya J in Bengaluru; Editing by Shailesh Kuber)