PHOENIX, February, 2021 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today announced it signed a letter of intent to lease an additional Boeing 737-400F cargo aircraft currently planned to be available in May 2021. The company currently operates two 737-400F aircraft for DHL.
“This 737-400F will be a great addition to the cargo fleet. The investment in a third 737 aircraft demonstrates our focus on cargo operations and our commitment to DHL,” said Brad Rich, Chief Operating Officer. “This aircraft will provide Mesa pilots with additional career advancement opportunities and provide flexibility to better meet the demands of the current cargo environment.”
“Universal Avionics is proud to be selected as the Enhanced Flight Vision System provider for the AS2 supersonic business jet,” said Dror Yahav, UA Chief Executive Officer. “By using the SkyLens as a wearable Head-Up Display, the ClearVision EFVS brings unprecedented capabilities to the airplane and demonstrates a compelling roadmap to the future, on top of the proven operational landing credit and all-weather operation.”
ClearVision provides an innovative Combined Vision System (CVS) displayed on the pilot and copilot SkyLens HWD, the only display of its kind certified today for commercial aviation. The intuitive avionics suite includes UA’s high-resolution EVS-5000 Enhanced Vision System (EVS) camera, composed of six sensors for a comprehensive and unprecedented multispectral coverage, and 3D Synthetic Vision System (SVS). ClearVision greatly improves crew resource management in the cockpit of the AS2, supporting Aerion’s ongoing mission of faster point-to-point travel. In addition, ClearVision offers pilots the ability to overcome degraded visibility situations day and night to move in and out of airports faster, saving time and increasing operational efficiency. With SkyLens, pilots continuously operate head-up and are able to monitor flight information while retaining 3D situational awareness of terrain, and eventually aircraft traffic, through the system’s unlimited 360-degree Field of Regard.
“We are truly excited to bring ClearVision to the highest levels of the business aviation market,” commented Marc Bouliane, UA Vice President of Business Development, Marketing and Services. “For the past year, we have worked diligently with Aerion’s engineering, flight operations and supply chain teams to refine a solution that fits the vision set forth by Aerion. We are honored to have been selected for this ground-breaking project and look forward to the production launch of the AS2 in 2023.”
ClearVision is a trusted and certified solution, flying today on a number of fixed wing and rotary wing aircraft. Nearly 3,000 ClearVision EVS cameras have been fielded to date. Pilots have a discernable Visual Advantage against incandescent and LED airport lighting systems, and the compact size of SkyLens is critical for profiled cockpits such as in the AS2.
“With a proven track record of innovation, Universal Avionics has become the market leader in Head-Wearable Display systems and EVS sensors. This industry-leading technology will offer pilots of the AS2 unparalleled vision and enhanced situational awareness capabilities,” said Steve Berroth, Aerion’s Chief Operating Officer and Executive Vice President of Aircraft Development. “We look forward to our continued collaboration as we seek to change the future of aviation together.”
Aerion’s pursuit of faster point-to-point travel begins with the launch of the AS2 supersonic business jet. Designed to be inherently environmentally responsible from first flight, the AS2 is the first supersonic aircraft designed to be powered by 100% engineered synthetic fuel and reach supersonic speeds without the need for an afterburner.
The manufacture of 300 AS2 aircraft is planned for the first decade of production. The AS2 will be the first aircraft to be assembled at the company’s new global headquarters in Melbourne, Florida – Aerion Park. The state-of-the-art development – powered by sustainable technology – will incorporate headquarters operations plus an integrated campus for research, design, build, and maintenance of the company’s supersonic aircraft.
Boeing [NYSE: BA] and Atlas Air Worldwide announced an agreement to purchase four 747-8 Freighters. The order enables Atlas Air to leverage the operational advantages of the 747-8 Freighter to meet growing cargo demand around the globe.
“The 747-8F is the best and most versatile widebody freighter in the market, and we are excited to bolster our fleet with the acquisition of these four aircraft,” said John W. Dietrich, Atlas Air Worldwide President and Chief Executive Officer. “This significant growth opportunity will enable us to capitalize on strong demand and deliver value for our existing and prospective customers. The efficiency and capability of the 747-8F further complements our longstanding focus on leading edge technology. Dedicated freighters – like those operated by our Atlas, Polar and Southern subsidiaries – will continue to be in demand as the global airfreight market, particularly the e-commerce and express sectors, continues to grow.”
With a maximum payload capacity of 137.7 metric tonnes (137,750 kg), the 747-8 Freighter allows customers to access 20% more payload capacity while using 16% less fuel compared to previous-generation 747s. The jet also features 30% quieter engines. The 747-8 airplanes in this agreement will be the final four aircraft to roll off the production line in Everett, Washington.
“The 747 will forever hold a special place in aviation history and we are honored by Atlas Air’s longstanding commitment to the airplane. Atlas Air began operations 28 years ago with a single 747 and it is fitting that they should receive the last 747 production airplanes, ensuring that the ‘Queen of the Skies’ plays a significant role in the global air cargo market for decades to come,” said Stan Deal, president and chief executive officer of Boeing Commercial Airplanes. “With the global air cargo fleet expected to grow by more than 60% over the next 20 years, we look forward to delivering these airplanes and supporting Atlas Air’s Boeing fleet well into the future.”
Atlas Air has 53 747s in its current fleet, making it the largest 747 operator in the world. Its world-class fleet also includes 737s, 767s and 777s. The 747 and 777 models, in particular, are capable of carrying tall and outsized cargo loads on 3-meter-high (10-foot-tall) pallets. This common main-deck pallet height supports interchangeable pallets, adding to the versatility of both models.
Boeing, the market leader in air cargo aircraft, provides more than 90% of the dedicated freighter capacity around the world, including new production and converted freighters. The 747 program has produced 1,560 aircraft since launching the jumbo jet more than 50 years ago. In July 2020, Boeing announced its decision to complete production of the 747-8 in 2022.
Infrastructure work across the Auckland metro rail network is set to ramp up over the Christmas period during a network wide shut down.
As Aucklanders head out of the city on holiday, work on several projects is scheduled across the network to take advantage of the quieter period.
KiwiRail Chief Operating Officer Todd Moyle says work will focus on track repairs.
“We’ll have more than 100 people working over the Christmas and New Year period across the network. Additionally, preliminary work on Papakura to Pukekohe electrification, the Westfield and Wiri junction and the construction of a third main will be getting underway.”
All of the projects are part of the Auckland Metro Rail Programme and once complete will deliver Auckland a resilient train infrastructure network for improved reliability of passenger train services provided by Auckland Transport and freight trains.
Earlier in the year, testing uncovered damage to more than 100km of track which required urgent upgrading.
“Our teams have put in a lot of hours and have already completed over 50 percent of the required work.
“The upgrade has been a massive task and KiwiRail has worked with Auckland Transport throughout the project to try to minimise the impact on commuters.”
The network shutdown will take place from Saturday 26 December to Sunday 10 January. During that period only freight trains will operate on the tracks.
Commuters on the Western line between Fruitvale Road and Swanson will need to prepare for a longer period of disruption, with work starting earlier, on December 20, and continuing along the entire Western Line until the end of January 2021.
“We have planned the repairs on the Western line to minimise the impact when the school year begins in February.”
“KiwiRail appreciates the level of cooperation and understanding from the public as this necessary work continues. The progress that will be made during the shutdown is an investment which will make the network more resilient and reduce future outages.”
AT Executive General Manager Integrated Networks Mark Lambert says “Once again AT wishes to acknowledge the disruption that these works have had on our customers. We will continue to provide Rail Replacement Bus services across the network throughout the shutdown, including New Year’s Eve, when many Aucklanders will be wanting to spend time with their friends and loved-ones.”
Union Pacific today named Craig Richardson executive vice president, chief legal officer and corporate secretary. Richardson is responsible for overseeing all aspects of the company’s legal affairs, including commercial transactions and litigation, regulatory matters, labor and employment. Richardson also supervises the railroad’s compliance and ethics program, and risk management initiatives, including Union Pacific’s police department. He succeeds Rhonda Ferguson, who served as executive vice president, chief legal officer and corporate secretary.
Richardson most recently served as vice president of commercial and regulatory law. He’s also held the position of associate general counsel.
“Craig has provided critical leadership, guiding us through sensitive and complex legal matters with insight, sound judgment and clarity,” said Chairman, President and CEO Lance Fritz. “He is a superior partner and counselor and has the expertise we need during this time of unprecedented change within our nation and company.”
Richardson’s experience spans commercial and regulatory litigation, including oil and gas, environmental, and antitrust law, as well as all aspects of multi-jurisdictional permitting of global energy infrastructure. For nearly a decade, he served as the Chief Legal Officer of El Paso Corporation’s Pipeline Group, the largest network of interstate natural gas pipelines in North America, delivering over 30% of the natural gas consumed in the United States. He was responsible for all legal matters nationwide, waging successful litigation in executing El Paso’s $8 billion portfolio of crucial additions to national energy infrastructure from California to New York.
Mesa Air Group, Inc. (NASDAQ: MESA) announced that it has finalized a new contract, which replaces the previous agreement with American Airlines, to operate 40 CRJ-900’s for a five-year term beginning January 1, 2021 through December 31, 2025. Under the previous contract 30 CRJ-900 aircraft were set to expire in 2021 with an additional 17 expiring in 2022.
“I want to express my appreciation to the American Eagle team leaders who worked with us on this new contract,” said Jonathan Ornstein, Chairman and Chief Executive Officer of Mesa Air Group. “This new contract will help to position Mesa for long term stability and improved performance on our American operation. This year has been difficult for our entire industry due to the Covid-19 pandemic, but I’m thankful that despite the obstacles, American has chosen to continue its long-standing relationship with Mesa.”
“I want to thank everyone involved for making this deal happen, especially our employees, who have shown unmatched professionalism and dedication throughout this difficult year,” said Brad Rich, Executive Vice President and Chief Operating Officer. “Efficiency and flexibility have been the pillars of our operation and the key to our low-cost structure. We are optimistic about our relationship with American and believe this new contract will be beneficial to both parties.”
Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act).
The Loan Agreement provided a secured term loan facility of up to $200 million. On October 30, 2020, Mesa borrowed $43 million under the facility and today, completed a second closing to borrow an additional $152 million. These funds may be used for general corporate purposes and operating expenses, to the extent permitted by the CARES Act.
“I’d like to again express my sincere gratitude to everyone involved in making this deal happen. Our people have been working very hard to ensure Mesa and its employees are prepared to weather this storm”, said Jonathan Ornstein, Chairman and Chief Executive Officer. “These additional funds will substantially benefit our airline and the communities we serve as we continue to navigate the obstacles created by the pandemic”.
In connection with the additional $152 million drawn under the facility, Mesa issued warrants to the U.S. Treasury to purchase 3,819,095 shares of common stock, no par value. The Warrants have a five-year term from the date issued, were issued pursuant to the Warrant Agreement, and have substantially identical terms to the warrants issued on the initial closing.
Southwest Airlines (NYSE: LUV) today announced plans to expand its footprint in Chicago and Houston to give more travelers access to Southwest’s iconic Hospitality, low fares, and Customer-friendly policies.
Chicago O’Hare International Airport Work is underway to add new service from Chicago O’Hare International Airport (ORD), alongside existing service from the carrier’s longtime Chicago home, Midway International Airport (MDW). Midway remains one of the busiest airports in Southwest’s network. Since first arriving in Chicago in 1985, Southwest has grown into one of the city’s largest employers with more than 4,800 Chicago-based Employees.
George Bush Intercontinental Airport As Southwest approaches a commemoration of 50 years of flying, the carrier intends to return to Houston George Bush Intercontinental Airport (IAH), complementing its substantial operation at Houston Hobby (HOU). Intercontinental served as one of three airports where Southwest operated on its first day in operation, June 18, 1971. The carrier moved to Hobby Airport shortly thereafter though it operated service from both airports between 1980 and 2005. Southwest remains a key employer in the City of Houston, providing nearly 4,000 jobs.
“Southwest owes decades of success to our Employees and Customers who have supported our business in Chicago and Houston,” said Gary Kelly, Chief Executive Officer and Chairman, Southwest Airlines. “Today’s announcement furthers our commitment to both cities as we add service to share Southwest’s value and Hospitality with more leisure and business travelers.”
Service to both airports is anticipated to begin in the first half of 2021. Additional details, including schedules and fares, will be available soon.
MEXICO CITY, /PRNewswire/ — Volaris (NYSE: VLRS and BMV:VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports September2020 preliminary traffic results.
Volaris is well positioned for a continuing post Covid-19 traffic recovery and is regaining capacity at a fast pace, due to its strong ultra-low-cost business model focused on the VFR (Visiting Friends and Relatives) and leisure segments in the domestic and US-transborder markets. Volaris also continues to see success from its efforts to convert first time flyers through its bus switching marketing campaigns in Mexico.
In September 2020, capacity measured by ASMs (Available Seat Miles) was 84.2% compared to the same month of last year. Demandmeasured by RPMs (Revenue Passenger Miles) was 75.6% of last year. This represents an increase of 2.4% versus August 2020. Volaris transported a total of 1.3 million passengers during September 2020, an increase of 4.1% versus August 2020. Booked load factor for September 2020 was 74.4%, an increase of 1.8 pp versus August 2020. No shows were back to normal levels.
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The Amtrak Police Department (APD) presented a Lodi, California Police Officer with the prestigious “Life Saving Medal” for her swift and heroic actions that saved a man’s life within seconds of being hit by an oncoming freight train. The Officer, a 14-year veteran of the force, was honored at the Lodi Police Station during an award ceremony on Monday hosted by APD and California Operation Lifesaver, a non-profit railroad safety education organization.
On Aug.12, the Officer spotted a man in a wheelchair stuck on the railroad tracks near Lodi Avenue. As the crossing gates activated and were coming down, she got out of her patrol car and ran to assist. After unsuccessfully attempting to free the wheelchair, with only seconds to spare, she physically pulled the man out of the chair and the two fell backwards just a few feet away from the oncoming 250-ton freight train locomotive. The 66-year-old man is recovering from serious injuries to both of his legs as a result of the incident.
“This incident had the makings of a double tragedy had it not been for the extraordinary courage and quick actions of the Officer,” said Amtrak Police Chief Sam Dotson. “The citizens of Lodi are very fortunate to have a public servant like this on duty in their community. The ‘Life Saving Medal’ recognizes her bravery in saving a fellow human being without hesitation for her own safety.”
During the ceremony, Lodi Police Chief Sierra Brucia called his officer a true hero.
Presenting the “Life Saving Medal” was Captain Douglas Calcagno from the Amtrak Police Department’s Western Division. Awards were also presented to the Officer by Steve Walker a California Operation Lifesaver Board member, and Eric Walker and Joe Petito with the Federal Railroad Administration (FRA) in California.
The ceremony closed out Rail Safety Week 2020, observed in the U.S., Canada and Mexico.
