Tag: strategy (Page 2 of 5)

A Boeing 737-7 and 737-8-200 (Boeing Photo)

Allegiant Air Orders Up to 100 737 MAX Jets

January 5, 2022 / WIL BALDWIN

Seattle, Washington, January 5, 2022 /PRNewswire/ – Boeing [NYSE: BA] and Allegiant Air (NASDAQ: ALGT) today announced an order for 50 737 MAX jets, with options for 50 additional airplanes. In Boeing’s first U.S. ultra-low cost carrier (ULCC) deal, Allegiant selected two models – the 737-7 and 737-8-200 – in the 737 MAX family, which provide the lowest seat-mile costs for a single-aisle airplane and high-dispatch reliability.

With commonality and improved fuel efficiency, the 737 MAX family enables airlines to optimize their fleets across a broad range of missions. The 737-7 provides low-operating costs that enable carriers to open new routes with less economic risk, and the larger 737-8-200 offers added revenue potential and is right-sized for ULCC market expansion. Compared to Allegiant’s current fleet, the new 737 models will reduce fuel use and carbon emissions by 20%.

Boeing and Allegiant will partner on entry-into-service support, enabling a smooth transition as the carrier adds the 737 into its operation. Allegiant will also utilize a suite of Boeing Global Services digital tools to further enhance operational efficiency. Allegiant currently operates a fleet of 108 Airbus A319 and A320 airplanes.

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.

Air Transport Services Group Selects Boeing for Next Converted Freighter Order

November 3, 2021 / WIL BALDWIN

SEATTLE, Nov. 3, 2021 — Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of 767-300 converted freighters, has contracted with Boeing [NYSE: BA] for the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCF).

“Our continued confidence in the 767-300 platform, now coupled with the services and support of the OEM, reinforces our commitment to deliver best-in-class reliable services to our customers,” said Mike Berger, chief commercial officer of ATSG. “We’re proud to partner with Boeing as we expand our fleet to meet growing demand and look forward to future growth together.”

The 767-300BCF now has more than 100 orders and commitments from customers around the globe, providing widebody converted freighter capability to meet growing market demand, and building on a record year for customer orders of Boeing’s family of freighters.

“We are honored that ATSG has decided to make the 767-300BCF an integral part of their fleet expansion strategy, supporting customers looking to capitalize on strong e-commerce demand,” said Jens Steinhagen, director of Boeing Converted Freighters. “As the OEM, Boeing has the original design data, robust supply chains, and dependable delivery schedules that benefit BCF customers such as ATSG. With that OEM advantage, we stand ready to meet ATSG’s needs by bringing forward market-leading 767-300BCFs into its fleet.”

ATSG is a global leader in cargo leasing, operating a fleet of 106 Boeing aircraft, including more than ninety 767 converted freighters.

Boeing has more than 40 years of successful experience in passenger-to-freighter conversions, relying on original design data and a deep understanding of the needs of the air cargo industry to deliver a superior, integrated product, including fully integrated manuals and world-class technical support. Boeing Converted Freighters also come with the advantage of being associated with the industry’s largest portfolio of services, support and solutions. Learn more about the 767-300BCF and the entire Boeing freighter family here.

Embraer Opens an Office in Hungary

August 29, 2021 / WIL BALDWIN

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 to Add Twelve New Aircraft to Fleet

July 20, 2021 / WIL BALDWIN

Mexico City, July 20, 2021 – Aeromexico is working to continue adding new aircraft to its fleet and plans to add 12 new Boeing 737 MAX aircraft. The arrival is expected to begin next October.

These aircraft are in addition to the 28 that the company announced last April, making a total of 40 new aircraft to increase its fleet, replace other aircraft and improve connectivity.

The agreement to add these 12 aircraft is being negotiated with Dubai Aerospace Enterprise (DAE) and is subject to the approval of the United States Court for the Southern District of New York, in charge of Aeromexico’s Chapter 11 voluntary financial restructuring process.

Aeromexico’s current fleet is comprised of 118 aircraft: 47 Embraer 190’s, 53 Boeing 737’s, and 18 Boeing 787 Dreamliners.

Alstom to Supply 19 Additional Metros for Line 11 of the Ile-de-France

July 11, 2021 / WIL BALDWIN

Alstom (OTC: ALSMY) will supply 19 five-car MP14 metros with driver’s cab for line 11 of the Île-de-France Mobilités network operated by RATP, for a total value of 132 million euro. This order, which is 100% funded by Île-de-France Mobilités, falls within the framework of the MP14 contract signed in March 2015 between RATP (mandated by Île-de-France Mobilités) and Alstom for the delivery of a maximum of 217 MP14 trains over 15 years, for a total amount of more than 2 billion euro. This contract is part of the Île-de-France Mobilités strategy for the modernisation of all rolling stock on the Île-de-France Mobilités network.

An initial tranche of the MP14 contract included 35 automated metros for line 14, consisting of eight cars each. A first conditional tranche for 20 additional automated metros, consisting of six cars each, was exercised in January 2017 for line 4. A second option of 20 additional five-car trains (with driver’s cabs) was exercised in February 2018 for line 11.

A state-of-the-art metro, MP14 offers an unprecedented level of comfort and safety thanks to its interior layout and seats with a design based on the theme of the alcove, creating both hospitality and privacy. Vast reception areas offer accessibility to all passengers, with dedicated areas and boomerang-shaped seats to improve the passenger flow and the capacity of the trains. MP14 also has LED lighting efficiently distributed throughout the entire metro to provide a sense of security while eliminating darkly shadowed areas. The supports and steadying points are compliant with safety standards and further increase comfort inside the train. Warm and cool ventilation helps to provide temperature balance, whatever the season. MP14 also provides comprehensive video protection and dynamic passenger information on board.

A special feature of the MP14 metros for line 11 is that the design of the driver’s cab incorporates feedback from previous generations of cabs. Their design features the latest developments in ergonomics and has been validated by RATP drivers and occupational physicians.

MP14 is designed to improve passenger comfort and experience as well as reconcile performance, energy savings and ease of maintenance to keep costs under control throughout its life cycle.

MP14’s 100% electrical braking system recuperates energy and re-injects it into the network as electricity, while limiting the emission of fine particles caused by the mechanical brakes. The system reduces the energy consumption of the metros, as well as air pollution, by up to 20%. MP14 is also 40% quieter than the metros currently in service on line 11, with a 95% recyclability rate.

About 20 automated metros for line 14, consisting of eight cars each, will be delivered by the end of 2021. The first six-car automated metros for line 4 are currently being tested. Production of the first five-car metros for line 11 began in the last quarter of 2020 and the first metro will begin validation tests on RATP tracks this summer.

Eight of Alstom’s sixteen sites in France are involved in this project:

Valenciennes, for the studies, integration, validation, and testing;
Le Creusot, for the bogies;
Ornans, for the engines;
Villeurbanne, for the on-board computerised systems;
Tarbes, for the traction;
Aix-en-Provence, for the safety IT;
Reichshoffen, for the collision studies, and
Saint-Ouen, for the design.

Air Cairo Receives First Airbus A320neo

April 27, 2021 / WIL BALDWIN

Hamburg, Germany 26 April 2021 – Air Cairo, Egypt’s low-fare airline, has taken delivery of its first A320neo aircraft. The new aircraft will join Air Cairo’s all Airbus fleet of seven aircraft. The aircraft is on lease from ICBC Leasing and is equipped with CFM LEAP-1A engines.

With improved levels of efficiency, the new aircraft will be deployed on Air Cairo’s regional and international network to serve countries across Europe, Africa and the Middle East – demonstrating the operational flexibility of the A320neo. Air Cairo’s fleet expansion and modernization strategy coincides with the airline’s decision to open more routes, fostering closer links with countries across continents.

Offering the airline exceptional technical, economic and environmental performance, Air Cairo’s A320neo is configured with 186 seats in an all-economy-class cabin. Passengers onboard the aircraft will benefit from the widest cabin of any single-aisle aircraft and the latest generation in-flight entertainment system.

The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver 20% in fuel savings and CO2 reduction compared to previous generation Airbus aircraft. The A320neo Family has won more than 7,450 orders from over 120 customers.

Corsair Takes Delivery of its First A330neo

April 5, 2021 / WIL BALDWIN

Toulouse, 31 March 2021 – Corsair has taken delivery of its first A330-900, on lease from Avolon, to join the French airline’s fleet. By selecting a total of five A330neo’s, Corsair is executing its strategy to become an all-A330 operator. Thanks to the aircraft’s latest technologies, Corsair will benefit from cost-effective and eco-efficient solutions, while providing passengers with the best comfort standards in the quietest cabins in its class.

The aircraft features 352 seats in a three-class layout, providing all the comfort and amenities of Airbus’ leading ‘Airspace’ cabin, including state-of-the-art passenger in-flight entertainment (IFE) and full WiFi connectivity throughout the cabin.

The A330neo is powered by Rolls-Royce’s latest-generation Trent 7000 engines. The Corsair aircraft will also be the first A330neo to feature an increased maximum take-off weight of 251 tonnes. This capability will allow the airline to fly long-haul destinations up to 13,400 km (7,200nm) or benefit from ten tons more payload on board.

The A330neo is a new-generation aircraft and successor to the hugely popular A330ceo widebody family. As well as the new engine option, the aircraft benefits from a host of innovations, including aerodynamic improvements and new wings and winglets that together contribute to 25% fuel-burn and CO2 reductions.

Corsair, which already operates an Airbus fleet of five A330 Family aircraft, became a member of the Airbus Skywise ‘Open Data Platform’ in 2020, thus benefiting from several Skywise-based services, such as a real-time in-service fleet performance analysis capability (aircraft health monitoring), reliability analysis and predictive maintenance.

Investment Firm 777 Partners Order 24 Boeing 737 MAX Airplanes

March 16, 2021 / WIL BALDWIN

Boeing [NYSE: BA] and private investment firm 777 Partners announced today an agreement to add 24 737-8s to the firm’s diverse aviation portfolio, with purchase rights for an additional 60 airplanes. The Miami-based company will place the single-aisle airplanes with its growing portfolio of low-cost carrier investments around the world.

In addition to aircraft leasing, 777 Partners strategically invests in a host of aviation businesses, from operating carriers to technology-driven solutions. The firm’s travel sector strategy is largely focused on innovative solutions for interlining, passenger connectivity, and creating new commerce channels for its airline investments and customers.

The 737-8 can fly 3,550 nautical miles, about 600 miles farther than its predecessor. This additional capability allows airlines to offer new and more direct routes for passengers. The 737-8 reduces fuel use and CO₂ emissions by 16% compared to the airplanes it replaces, and that superior fuel efficiency means lower operating costs and a smaller environmental footprint. Every airplane features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

777 Partners is a Miami-based private alternative investment firm that invests across a number of high growth attractive verticals. Founded in 2015, 777 Partners initially applied its expertise in underwriting and financing of esoteric assets to diversify across a broad spectrum of financial services businesses, asset originators and financial technology/service providers. In recent years, the firm has broadened its mandate and now invests across six different industries: insurance, consumer and commercial finance, litigation finance, direct lending, media and entertainment, and aviation.

Olivier Dassault Passes Away at Age 69 in a Helicopter Accident on March 7, 2021

March 8, 2021 / WIL BALDWIN

Saint-Cloud, France, March 8, 2021 – It is with great sadness that we learned of the death of Olivier Dassault, at the age of 69, in a helicopter accident on 7 March 2021. An aviation enthusiast, like his grandfather Marcel Dassault and his father Serge Dassault, he was always keenly interested in developing the business of our company. He was born on 1 June 1951 in Boulogne-Billancourt. He was an engineering graduate from the Ecole de l’Air, held a DEA diploma in Mathematical Decision Sciences and a Doctorate in management computing.

He was born on 1 June 1951 in Boulogne-Billancourt. He was an engineering graduate from the Ecole de l’Air, held a DEA diploma in Mathematical Decision Sciences and a Doctorate in management computing. Following his solid scientific training, Olivier Dassault’s first steps in professional life helped him to gain experience of the communication sector, notably as a film producer and then by creating his own advertising agency.

He was a professional pilot since 1975, and jointly held world speed records – with Hervé Le Prince-Ringuet in 1977 from New York to Paris on a Falcon 50 and in 1987 from New Orleans to Paris on a Falcon 900 – and with Guy Mitaux-Maurouard and Patrick Experton in 1996 on a Falcon 900EX from Paris to Abu Dhabi and Paris to Singapore.

In 1986, his father Serge Dassault entrusted him with a number of roles and responsibilities within the Dassault company, appointing him Deputy Vice-President for Europe Falcon Service, and then Vice-President of Civil Aircraft Strategy in 1993.

He was Chairman of the Supervisory Board of the Marcel Dassault industrial group (GIMD) until 2017 and Director at Dassault Aviation since 1996. Throughout his life, he was a determined defender of our company and of French aeronautics. Moreover, on Thursday, March 4, 2021, during the last Board of Directors meeting, he gave his full support to the company in its management of the covid 19 crisis.

He was also a media man, holding the position of Chairman of the Valmonde group, where he created the hunting magazine Jours de Chasse (2000) devoted to another of his passions. He became a Director of Socpresse (now Groupe Figaro) after the latter was bought out by GIMD in 2004.

While continuing to be professionally active, he entered politics. He was elected as a Member of Parliament (RPR party) in 1988, winning back the Oise first district during the parliamentary by-elections. He was an MP in the Oise department from 1988 to 1997, and then again since 2002.

An artist at heart, Olivier Dassault was an accomplished musician and notably composed the anthem for Parliament, showing this institution another side of his creative personality. He was also a well-known photographer. He published many books of photographs and regularly exhibited his work successfully, in France and abroad.

Lockheed Martin Picks ABL Space Systems to Power First UK Vertical Satellite Launch

February 8, 2021 / WIL BALDWIN

HARWELL, Oxford, Feb. 8, 2021 – Lockheed Martin [NYSE: LMT] has contracted ABL Space Systems, of El Segundo, California, a developer of low-cost launch vehicles and launch systems for the small satellite industry, to supply a rocket and associated launch services for the company’s first UK vertical satellite launch.

The project known as UK Pathfinder Launch is planned to be the first ever vertical small satellite launch from UK soil, from Scotland in 2022. It will also be the first UK commercial launch for U.S.-based ABL Space Systems’ new RS1 rocket.

Nik Smith, Regional Director, Lockheed Martin Space, said: “We are absolutely committed to the success of this programme and the world class capability that ABL Space Systems brings will allow us to build on our long-standing partnership with the UK and strengthen the growth of the UK space sector, aligned to the UK Government’s prosperity and industrial strategy.”

ABL Space Systems’ flexible, integrated GSO launch system, and RS1 rocket, allows for a rapid and cost-effective deployment with outstanding launch performance.

Lockheed Martin’s UK Pathfinder Launch supports the UK Space Agency’s commercial spaceflight programme – Launch UK. In October, the UK Space Agency confirmed Lockheed Martin’s plans to move its programme to the Shetland Space Centre and in January, planning proposals were submitted for the space launch facility in Unst.

Ian Annett, Deputy CEO, UK Space Agency said: “We want the UK to be the first in Europe to launch small satellites into orbit, attracting innovative businesses from all over the world, accelerating the development of new technologies and creating hundreds of high-skilled jobs across the whole of the UK. Lockheed Martin’s selection of ABL Space Systems for their UK Pathfinder launch brings us one step closer to realising this ambition – putting the UK firmly on the map as Europe’s leading small satellite launch destination.

The addition of ABL Space Systems as a partner completes Lockheed Martin’s UK Pathfinder Launch programme team. On launch day, ABL Space Systems’ RS1 rocket will lift off from Shetland Space Centre, in Unst, Shetland, the UK’s most northerly island. Once in orbit, the rocket will release a small launch orbital manoeuvring vehicle, an agile platform built by MOOG, in Reading, UK, which can carry and deploy up to six 6U CubeSats, optimising orbital placement and timing for each small satellite’s respective missions.

To demonstrate the full value of this new UK space transportation capability, two of the CubeSats deployed will be Lockheed Martin’s own technology demonstration spacecraft.

In 2019, ABL Space Systems announced that it had received a strategic investment from Lockheed Martin Ventures to advance the launch provider’s development and test programme.

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