Tag: sign (Page 2 of 7)

Marathon Airlines expands Embraer pool program agreement for seven E-Jets

October 18, 2023 / WIL BALDWIN

Amsterdam, Netherlands, October 18, 2023 – Embraer SA (NYSE: ERJ) announced that it has signed a contract amendment with Marathon Airlines for the Pool Program to include additional two E195s. Now, seven E-Jets will receive support for a wide range of repairable components – three E175, one E190, and three E195. The Greek airline started the Pool Program contract last year, with its first E175, and has seen steady fleet growth since. Currently, Embraer’s Pool Program supports more than 60 airlines worldwide.

Embraer provides support to airlines worldwide, with its technical expertise and its vast component services network. The results are significant savings in repair and inventory carrying costs and a reduction in warehousing space and resources required for repair management, while ultimately providing guaranteed performance levels. Embraer Services & Support’s portfolio offers a wide range of competitive solutions designed for each customer to support the growing fleet of Embraer aircraft worldwide and deliver the best after-sales experience in the global aerospace industry.

About Marathon Airlines

Marathon Airlines is an EASA-approved airline based in Greece providing customer-centric, safe, and reliable Wet Lease (ACMI) services to well-established EU carriers and Charter flights. We are also specialized in a range of solutions including private jet charter and aircraft management. The current fleet also includes 2 Legacy 600 aircraft.

For more information, visit www.flymarathon.aero.

Royal Jordanian Airlines sign pool program agreement with Embraer for E2 fleet support

October 18, 2023 / WIL BALDWIN

Amsterdam, Netherlands, October 17, 2023 – Embraer SA (NYSE: ERJ) has signed a multi-year contract with Royal Jordanian Airlines to support a total fleet of eight E190-E2 and E-195-E2 jets with the Pool Program. The agreement will provide support for a wide range of repairable components for the jets that will be added to Royal Jordanian’s fleet. Currently, Embraer’s Pool Program supports more than 60 airlines worldwide.

Luxembourg, Historical city center in the morning, Aerial View

Luxair orders four Embraer E195-E2 and secures delivery positions for additional five

October 11, 2023 / WIL BALDWIN

ERA General Assembly, Innsbruck, Austria, October 11, 2023 – Embraer SA (NYSE: ERJ) and Luxair, flag carrier of the Grand Duchy of Luxembourg, have signed a firm order for four E195-E2; the most efficient regional aircraft in the single aisle segment. The aircraft will complement the larger narrowbody aircraft recently ordered by the airline.

Luxair has ordered four E195-E2s, with two options and three purchase rights for more aircraft, with conversion rights to E190-E2 as required. The first aircraft delivery is scheduled for Q4 2025.

About Luxair

Founded in 1961, Luxair is a key player in the economy of the Grand Duchy of Luxembourg and the surrounding Greater Region. Passenger air transport is probably the most well-known activity of the general public. Luxair offers fast air service to most major cities, business centres and international hubs in Europe. The airline offers maximum flexibility to its business customers and quality travel to its leisure customers. Luxair’s tour operator offers a wide range of packages and themed holidays through its tourism division. Luxair is also the provider of airport services at Luxembourg Airport and its air cargo division handles all kinds of goods with ease and efficiency.

Tri-Cities Intermodal moves forward to develop intermodal center

October 10, 2023 / WIL BALDWIN

Wallula, Washington, October 10, 2023 – Tri-Cities Intermodal (TCI) has signed a lease/purchase agreement to acquire the former Cold Connect warehouse and property, with plans to develop an adjacent intermodal ramp in Wallula, WA. The plan represents a revival of the plans previously announced by Tiger Cool Express before they shut down operations in June. Tri-Cities Intermodal is an entirely new company – and the transaction had no connection to Tiger Cool.

Tri-Cities signed the lease/purchase agreement on Sept. 27, 2023, with Union Pacific Railroad Corporation (NYSE: UNP).

The envisioned Tri-Cities Intermodal Center will benefit the entire agricultural community in the three-state region by providing cost-effective and sustainable transportation capacity. Initially, service is intended to be offered between: Wallula and the Northwest Seaport Alliance on-dock facilities for dry imports and exports (in ISO equipment.) It will also support Union Pacific’s intermodal customers moving between Wallula and Chicago and beyond.

JAL and REGENT sign agreement to study Seaglider operations in Japan

October 8, 2023 / WIL BALDWIN

Tokyo, Japan – Japan Airlines Co., Ltd. (Tokyo Stock Exchange: 9201) and REGENT Craft Inc. (Headquarters: United States, CEO: Billy Thalheimer, hereinafter referred to as “REGENT”) have announced the signing of a comprehensive partnership agreement to establish a system for seaglider operations in Japan. The agreement follows a strategic investment in REGENT made earlier this year by JAL Innovation Fund, the CVC of JAL. Through this agreement, the two companies aim to implement next-generation mobility where people can move safely and comfortably with zero emissions.

The all-electric seagliders being developed by REGENT are wing-in-ground effect craft that fly several meters above the water on a cushion of air trapped between the wings and the water’s surface. Seagliders are attracting attention as a new form of sustainable mobility, further expanding the possibilities of new transportation methods that do not place a burden on the environment, as well as the development of new markets.

The new agreement signifies a commitment to deepen business development between the two companies. With the goal of establishing a system of seaglider operations in Japan, JAL aims to utilize its accumulated knowledge of safe operation while REGENT brings its technological expertise to the table. Together, the companies will collaborate to drive awareness and understanding of seagliders in the region, identify jurisdictions for seaglider operations by JAL and JAL Group operators, develop infrastructure for seaglider operations – including a planned demonstration flight in 2025 – and obtain certification for the safe operation of electric seagliders. In addition, JALUX Co., Ltd. (location: Minato-ku, Tokyo, CEO: Satoru Takahama) will act as a sales agent for the maritime craft.

American Airlines joins Embraer Energia Advisory Group

September 27, 2023 / WIL BALDWIN

Sao Jose dos Campos, Brazil, September 26, 2023 – Embraer (NYSE: ERJ) announced today that American Airlines (NASDAQ: AAL) has signed an MoU with Embraer to join its Energia Advisory Group, an experienced and knowledgeable team of airlines, lessors, suppliers, and other aviation experts advising Embraer on its development of sustainable aircraft for the future. The MoU with Embraer will see the companies working together to define and establish the real-world requirements for sustainable, emission-free, and commercially viable aviation.

American is a recognized leader in the drive for sustainable flight and was named 2023 Eco-Airline of the Year by Air Transport World. American operates the youngest mainline fleet and the largest regional fleet among U.S. network carriers and in 2022 consumed more than two million gallons of sustainable aviation fuel. It has also invested in the development of hydrogen-powered propulsion and infrastructure.

American will work with the advisory group and Embraer to help define performance and design requirements for its four Energia concept aircraft. These aircraft, ranging from 9-to-50 seats, will use a range of electric, hydrogen and hybrid propulsion technologies.

Embraer and Scoot sign pool agreement for E190-E2 fleet

September 26, 2023 / WIL BALDWIN

Singapore, September 26, 2023 – Embraer (NYSE: ERJ) announced that it has signed a Pool Program services agreement with Scoot [Singapore Airlines Ltd (OTC: SINGF)] to support the airline’s incoming fleet of nine E190-E2. The Pool Program provides access to component exchanges and repair services for more than 300 repairable parts to support Scoot’s Embraer aircraft, allowing the airline to minimize their upfront investment in high-value repairable inventories and resources, while taking advantage of Embraer’s technical expertise along with its vast component repair service provider network. Currently, the Pool Program supports more than 60 airlines worldwide.

The E190-E2 jet is the world’s most efficient and quietest single-aisle aircraft and the first batch of E190-E2 will be delivered to Scoot in 2024. In addition to the Pool Program, Scoot’s operations will benefit from the AHEAD (Aircraft Health Analysis and Diagnosis) which comprises early detection capabilities for critical systems, reducing technical interruptions and avoiding flight cancellations; the eSight, with real-time fleet performance monitoring.

Singapore is the nerve centre for Embraer’s services and support Asia Pacific operations. In addition to personnel based in Singapore, the Company has a Regional Distribution Centre within Changi Airport’s free trade zone. Recently, Embraer and CAE announced the establishment of a state-of-the-art E2 full flight simulator and pilot training program in Singapore which will commence in 2023. The full flight simulator will be based at the Singapore-CAE Flight Training Centre located at SIA Training Centre.

Textron Aviation and NetJets sign fleet agreement for up to 1,500 Cessna Citation jets

September 20, 2023 / WIL BALDWIN

September 20, 2023, – NetJets named launch customer for the new Cessna Citation Ascend

Wichita, Kansas, Business Wire – Textron Aviation (NYSE: TXT) and NetJets, a Berkshire Hathaway (NYSE: BRKa) today announced a record-breaking fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years. This agreement extends NetJets’ existing fleet agreement, and includes options for an increasing number of aircraft each year, enabling NetJets to expand its fleet with Cessna Citation Ascend, Citation Latitude and Citation Longitude aircraft. Equally exciting is the announcement that NetJets has been named the fleet launch customer for Textron Aviation’s newest jet — the Citation Ascend. Deliveries of the Citation Ascend are expected to begin in 2025 when the aircraft, currently under development, is expected to enter into service.

Since the inception of the more than 40-year relationship between the companies, NetJets has taken delivery of more than 800 aircraft from Textron Aviation, including exercising over 300 options for Citation Latitudes and Longitudes during the past eight years. This enduring relationship equips discerning customers with class-leading, safe, and reliable aviation travel experiences worldwide. Through the years, NetJets has owned and operated industry-leading Citations including the Citation SII, V, Excel/XLS, Sovereign, X, Latitude and Longitude models.

The Citation series of business jets has evolved to offer an unmatched range of capabilities, systems and options that allow customers to expand their business reach. More than 30 Citation models have been certified over the 50-year history of the Citation line. There are currently six Citation models in production: Citation M2 Gen2,Citation CJ3+, Citation CJ4 Gen2, Citation XLS Gen2, Citation Latitude and Citation Longitude, with the Citation Ascend under development.

Maldivian Airlines updates regional fleet with additional ATR 42-600 order

September 20, 2023 / WIL BALDWIN

Toulouse, France, September 19, 2023 – Maldivian Airlines, the national airline of the Maldives and the world number one regional aircraft manufacturer ATR, have signed a firm order for two ATR 42-600 aircraft. These highly-efficient new aircraft will join the airline existing regional fleet, including two ATR 72-600 and one ATR 42-600, to replace older generation turboprops.

With these modern aircraft, powered by extra efficient PW127XT engines and featuring a spacious and appealing cabin, Maldivian will offer further reliable and affordable connectivity to the archipelago’s communities and businesses, contributing to the Maldives’ economic dynamism while lowering emissions.

About Maldivian

Maldivian, the national airline of the country embodies the spirit of the Maldives by providing exceptional air travel services that showcase the natural beauty and warm hospitality of the island nation. The airline is the leading domestic carrier with a scheduled network comprising of 16 domestic sectors. Maldivian operates the largest wheel-based fleet in the country which includes DeHavilland Dash 8 and ATR aircraft. Maldivian Seaplane, which consists of DeHavilland DHC-6 Twin Otter aircraft, further enhances the airline’s domestic operation by providing specialized tourist air transportation service connecting customers directly to the doorstep of their chosen resort. Operating from its hub in Male’, the airline provides international scheduled flights to cities in India and Bangladesh.

Airbus and PHI Group sign for 20 H175 & 8 H160 helicopters

September 12, 2023 / WIL BALDWIN

Marignane, France, September 12, 2023 – Airbus Group SE (Paris: AIR) and PHI Group Inc (PHI) have signed a framework agreement that includes commitments for 20 super-medium H175 helicopters and 8 H160s to serve the energy market worldwide, including in the US. These 28 state-of-the-art helicopters will better position PHI to respond to the energy market’s expected growing offshore transportation needs. These commitments are composed of firm orders as well as purchase options that PHI may exercise during the course of the framework agreement.

PHI has been supporting the energy industry for 74 years. Today, PHI operates over 200 helicopters across the globe serving a number of markets, including energy and air medical. PHI’s Airbus fleet consists of H125, H135, H145, H160 and H175 family helicopters – with the H175 being the latest addition.

In service since 2015, Airbus’ H175 belongs to the super-medium class of helicopters, combining long-range with smooth flight qualities, making it the perfect solution for several mission profiles, including offshore crew change, public services, and private and business aviation. 54 H175s currently in service have accumulated around 195,000 flight hours, of which 170,000 are flying for the energy sector.

Designed as a multi-role helicopter capable of performing a wide range of missions, the H160 integrates Airbus’ latest technological innovations. With its light maintenance plan, the H160 optimises operating costs and offers a new standard in availability. The helicopter is powered by two of the latest Arrano engines from SafranHelicopter Engines that offer a 15% reduction in fuel burn. Both the H175 and H160 are already certified to fly with as much as 50% sustainable aviation fuel.

About Maldivian

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