Tag: NYSE (Page 2 of 24)

Signia by Hilton debuts flagship downtown Atlanta hotel

January 15, 2024 / WIL BALDWIN

Atlanta, Georgia – Hilton Worldwide Holdings Inc. (NYSE: HLT) announced the highly anticipated opening of the 976-room Signia by Hilton Atlanta, marking the first new build and Georgia hotel for the Signia by Hilton brand, and Atlanta’s largest ground-up hotel development project in 40 years. Inclusive of the property’s debut, Atlanta represents Hilton’s largest market globally by number of hotels with a portfolio of 136 hotels across 13 brands welcoming travelers to the destination. In Atlanta, Hilton also has a pipeline of more than 40 hotels in various stages of design and construction.

Poised to become a signature landmark and economic catalyst on the city’s west side, Signia by Hilton Atlanta is owned by Georgia World Congress Center Authority (GWCCA) and forms part of the Authority’s Championship Campus, North America’s largest combined convention, sports, and entertainment destination, which also includes Georgia World Congress Center, Mercedes-Benz Stadium and Centennial Olympic Park. Built on the repurposed foundation of the Georgia Dome, the hotel features eight food and beverage experiences; a spa, beauty bar, rooftop pool and fitness center; more than 100,000 square feet of flexible meeting space, including the largest hotel ballroom in Georgia; a grand outdoor event deck and lawn; and Club Signia.

Signia by Hilton Atlanta was developed by Boston-based Drew Company, with Gensler as the architect and interior designer, and a joint venture between Skanska and SG Contracting as the general contractor. As the tallest building on the west side of Atlanta, the 42-story, 1.25 million square foot property is enveloped in wall-to-wall glass, offering panoramic views of downtown Atlanta, an inspiring and curated art collection, and inviting spaces.

All guest rooms at Signia by Hilton Atlanta offer spectacular floor-to-ceiling windows with panoramic views and reflect the warmth and refinement of Southern luxury, featuring a combination of earth toned-fabrics, rich wood and rattan textures, and brass finishes. The colors and materials are inspired by the building’s unique location in the city, paying homage to some of the most historically important and culturally significant neighborhoods in Atlanta. Shades of amber, deep brown, soft beige, and slate blue evoke a subtle sophistication, while black and metallic details bring an understated modern twist. Together, these design elements invite guests to celebrate the distinguished style of Southern hospitality through a timeless look that is both stylish and functional.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Lockheed Martin Photography By Garry Tice 1011 Lockheed Way, Palmdale, Ca. 93599 Event: X-59 - Glamour Shoot Day Date: 12/12/2023 Additional Info:

Skunk Works® Rolls Out X-59, NASA’s Newest X-Plane

January 12, 2024 / WIL BALDWIN

Palmdale, California, January 12, 2024, PRNewswire – Lockheed Martin Skunk Works^® (NYSE: LMT) rolled out the X-59, a unique experimental aircraft designed to quiet the sonic boom, at a ceremony in Palmdale, California. The ceremony marked a significant milestone in Lockheed Martin’s and NASA’s decades-long journey to solve one of the most persistent challenges of supersonic flight, the sonic boom.

Rollout ceremonies are a long-standing aviation tradition, and in the case of the X-59, it celebrated technical advancements, collaboration and innovation that stemmed from years of research, development and production of a one-of-a-kind technology demonstrator aircraft that will reduce the loudness of sonic booms to a gentle thump.

Next, the aircraft will complete ground tests including engine-run and taxi tests before its next major milestone, first flight, later this year. After the aircraft is validated in initial flight tests, it will move into the acoustic testing phase. This phase will include flights over populated areas to provide U.S. and international regulators with statistically valid data required to help approve new rules that could allow quiet commercial supersonic flight over land. This would cut commercial flight times to half of what they are today, transforming travel for people around the world.

Forward-Looking Statements

Delta Air Lines orders 20 Airbus A350-1000 aircraft

January 12, 2024 / WIL BALDWIN

January 12, 2024, Herndon, Virginia – Delta Air Lines Inc (NYSE: DAL) has chosen Airbus Group SE (Paris: AIR) to meet its needs for modern efficient widebodies having placed a first order for 20 A350-1000 aircraft. The A350-1000 will be a new aircraft type in Delta’s fleet.

Delta Air Lines currently operates more than 450 Airbus aircraft from the A220 to the A350-900, with more than 200 additional airplanes on order.

Forward-Looking Statements

Northrop Grumman Solid Rocket Boosters aid first ULA Vulcan Rocket launch

January 8, 2024 / WIL BALDWIN

Magna, Utah, January 8, 2024 – Two of Northrop Grumman Corporation’s (NYSE: NOC) extended length, 63-inch-diameter Graphite Epoxy Motors (GEM 63XL) solid rocket boosters helped power the inaugural flight of United Launch Alliance’s (ULA) Vulcan Rocket and the first certification (Cert-1) mission.

The GEM 63XL boosters are the longest monolithic, single-cast solid rocket boosters ever manufactured and flown.
The launch represents the first flight of the GEM 63XL solid rocket boosters.
The boosters delivered more than 900,000 pounds of thrust, nearly two-thirds of the vehicle’s total thrust at lift-off.

The Cert-1 mission carried two payloads, one that will deliver science and technology to the lunar surface, including Astrobotic’s first Peregrine Lunar Lander, Peregrine Mission One, as part of NASA’s Commercial Lunar Payload Services program and the second was Celestis’ Memorial Spaceflights deep-space Voyager mission.

Northrop Grumman began development of the fifth-generation GEM 63XL strap-on boosters in 2015, under a cooperative agreement with ULA to provide additional lift capability for the Vulcan launch vehicle. The motor was qualified for flight in 2020 via static test firing at the company’s Promontory, Utah, test facilities. In June 2022, ULA awarded Northrop Grumman a multi-year contract worth more than $2 billon for increased production of its GEM boosters, which will support Amazon’s Project Kuiper and additional ULA customers.

Northrop Grumman has supplied rocket propulsion to ULA and its heritage companies for various launch vehicles since 1964. The GEM 63XL is an extended length variation of the GEM 63 boosters, which have supported eight Atlas V launches with 27 boosters to date.

The company’s Commerce, Calif., facility also manufactured the Vulcan launch vehicle’s hydrazine diaphragm propellant tank, which feeds the Centaur upper stage Reaction Control System to provide guidance and control during the later stages of launch. This tank is a more powerful successor to the ones previously supplied by Northrop Grumman for the Atlas V and Delta IV programs.

Forward-Looking Statements

Eve Air Mobility hosts customer advisory board

December 18, 2023 / WIL BALDWIN

Melbourne, Florida, December 18, 2023 – Eve Air Mobility (NYSE: EVEX) held its Customer Advisory Board meeting last week at its headquarters in Melbourne, Florida. Customers and partners from 12 companies and nearly every continent came together to discuss the aircraft, operations, ecosystem readiness and services and solutions.

Eve’s Customer Advisory Board includes a wide variety of operators including fixed-wing and rotorcraft operators and lessors, all with the objective of co-creating the Urban Air Mobility (UAM) ecosystem. The discussions included optional items and vehicle configuration and passenger cabin experience. In addition, attendees also received a program and product update from Eve´s leadership.

Eve also took the opportunity to highlight its worldwide sales and support network which includes a broad customer support infrastructure. Eve’s customers will also benefit from Embraer’s global service and support network which includes 10 existing services centers and 66 third-party service centers around the world.

Forward-Looking Statements

Pratt & Whitney receives contract for TF33 engines powering B-52 and E-3 aircraft

November 16, 2023 / WIL BALDWIN

East Hartford, Connecticut, November, 2023, PRNewswire – Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded a long-term TF33 engine sustainment contract valued up to $870 million by the Defense Logistics Agency. The TF33 engine provides power to a wide range of aircraft, including the Boeing (NYSE: BA) B-52 Stratofortress and E-3 Sentry.

This agreement is a culmination of the Defense Logistics Agency’s decades-long partnership with the 448^thSupply Chain Management Wing, Tinker Air Force Base, Okla., and Pratt & Whitney to establish a holistic sustainment solution. This first-of-its-kind approach will reduce obsolescence, supporting the U.S. Air Force’s wartime readiness today and into the foreseeable future.

Under this contract, Pratt & Whitney will provide comprehensive engine sustainment services for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years. Services under this contract include maintenance, spare parts, program management, field service, repairs and engineering support.

Sustainment work will run through April 2034 at Tinker Air Force Base, Oklahoma, additional U.S. Air Force locations, and Pratt & Whitney’s Southern Logistics Center located in Atlanta, Georgia.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Embraer E195-E2 receives steep approach certification for London City Airport

November 11, 2023 / WIL BALDWIN

Sao Jose Dos Campos, Brazil, November 10, 2023 – The Embraer SA (NYSE: ERJ) most advanced jet aircraft the E195-E2, has received certification for Steep Approach into London City Airport from EASA (European Aviation Safety Agency). This achievement is a significant development, allowing airlines to operate the E195-E2 at London City Airport (LCY), known for its challenging approach and short runway. Together with the E190-E2, which received Steep Approach certification in 2021, both members of the E2 family are now approved for operations from LCY.

The certification process highlighted the E195-E2’s impressive noise reduction among new generation single-aisle aircraft. It surpasses the requirements of ICAO’s strict Chapter 14 regulation, thereby offering a significantly quieter flying experience compared to the previous E195 model. The E195-E2’s noise footprint at take-off is around 60% smaller than current jet aircraft, such as the E190, and will bring benefits to local residents in terms of noise reductions. The E195-E2’s environmental performance extends beyond noise reduction. The aircraft delivers reduced emissions and improved fuel efficiency compared to previous generation aircraft. In 2022, Embraer and Pratt & Whitney demonstrated a successful test flight of an E195-E2 aircraft using 100% Sustainable Aviation Fuel (SAF), which could push the emissions reduction up to 85% in future.

During a proving flight, the E195-E2 first landed at the airport in July 2022. LCY, London’s most central airport, caters to both business and leisure passengers, offering quick access to continental Europe, making it a preferred choice for short-haul flights. The airport is a vital component of London’s wider connectivity and Embraer aircraft are uniquely able to manage the challenges of LCY operations, with Embraer aircraft accounting for a large proportion of LCY operations on routes as diverse as Edinburgh and Mykonos. To serve LCY, aircraft must comply with the steep approach, short runway, and stringent noise regulations. The E195-E2 could replace the current E190 fleet that existing airlines currently operate at LCY.

Forward-Looking Statements

ITA Airways receives its first Airbus A321neo

November 11, 2023 / WIL BALDWIN

Hamburg, Germany, November 10, 2023 – ITA Airways has taken delivery of its first Airbus Group SE (Paris: AIR) A321neo on lease from Air Lease Corporation (NYSE: AL) from Airbus’ Hamburg production facilities.

This latest addition further consolidates ITA Airways’ all-Airbus fleet strategy, which currently stands at 81 aircraft, and includes latest generation A220, A320neo, A330neo and A350 aircraft.

ITA Airways’ A321neo, which will serve the airline’s medium haul routes, is fitted with a three class configuration including 12 Business Class full flat beds with direct aisle access, 12 Premium Economy seats in 4-abreast, and 141 Economy seats of which 12 are dedicated to Comfort Economy.

ITA Airways’ A321neo aircraft features Airbus’ Airspace cabin design, which includes new XL overhead bins and customised interior lighting based on the latest full-LED technologies to help reduce jet lag. In addition, to enhance the passenger experience, each seat is equipped with the latest generation in-flight entertainment system with individual screens and on-demand content.

Forward-Looking Statements

Korean Air now using RTX to improve predictive maintenance

November 8, 2023 / WIL BALDWIN

Collins Aerospace Ascentia^® tool to be installed on Korean Air 787 Fleet

Charlotte, North Carolina, November 8, 2023, PRNewswire – Collins Aerospace, an RTX business (NYSE: RTX), announced today that its Ascentia^® Prognostic and Health Management (PHM) solution has been selected by Korean Air Lines Co. (Seoul: 003490) for use on its growing Boeing (NYSE: BA) 787 fleet.

The cloud-based solution uses advanced data analytics and machine learning algorithms to help airlines improve maintenance operations and increase aircraft reliability. Analyzing flight data and maintenance records in real-time allows Ascentia to help predict potential maintenance issues and provide recommendations for corrective actions, improving aircraft availability and reducing unscheduled downtime.

Collins Aerospace’s Ascentia solution is currently in use by several major airlines around the world. Equipping KAL’s Boeing 787 fleet with Ascentia represents a significant milestone as Collins Aerospace expands its presence in the Asia-Pacific region.

Forward-Looking Statements

Eve names avionics, flight controls and thermal management system suppliers

November 6, 2023 / WIL BALDWIN

Melbourne, Florida, November 6, 2023 – Eve Air Mobility (NYSE: EVEX) named three new suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Garmin (NYSE: GRMN), will supply the avionics for the aircraft while Liebherr-Aerospace will supply the flight controls actuators. Intergalactic will provide the thermal management system.

Garmin will supply the G3000 Integrated Flight Deck for Eve’s eVTOL which features large-format, light weight, high-resolution glass displays integrating seamlessly with Eve’s vehicle management and flight control systems. Tailored for the needs of eVTOL aircraft, the flight deck’s intuitive touchscreen interface reduces pilot workload by providing direct access to a full suite of avionics capabilities including an integrated flight management system, NAV/COM radios, transponder, audio management and access to a breadth of applications including checklists, charts, synoptics, and full-featured maps.

Liebherr will develop electromechanical actuators (EMA) for the fly-by-wire flight controls of Eve’s eVTOL. Liebherr is well known for their expertise in the manufacturing of precision gears and dependable actuation, crucial for this type of technology. The actuators will be powered by the aircraft’s electrical system and the technology will ensure high performance, configurability and easier maintenance.

Intergalactic will provide the thermal management system which will maintain an optimal temperature range for equipment including batteries and other electronic components. The system will also help ensure a comfortable temperature inside the cabin of the aircraft.

Forward-Looking Statements

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