Tag: Europe (Page 20 of 25)

Saab Signs Contract to provide Belgium with a Combat Training Centre

August 19, 2019 / WIL BALDWIN

Saab has signed a supply contract with the Belgian MoD for the deliveries of training systems to the Belgian Army. The order value is approximately SEK 160 million and deliveries will take place in 2021.

The contract includes providing a complete training centre with infantry simulators, anti-tank simulators, vehicle systems and communication systems for controlling, monitoring and collecting training data to enable detailed analysis of exercises. The support contract will be negotiated separately later on.

One of the requirements was interoperability with NATO, and with Saab’s training system Belgium will be capable of participating in multinational exercises.

“This means Belgium will share the same standards as members in the Interoperability User Community (IUC). They can therefore take part in multinational exercises together with, among others, the Netherlands, Poland, Germany, Austria, Sweden, Norway, Finland, the UK and the US 7thArmy,” says Åsa Thegström, head of the business unit Training & Simulation within Saab’s business area Dynamics.

“The Belgian Army has used our training systems for the last four years and have clearly seen the benefits of realistic training. This order strengthens our position as one of the world’s leading suppliers of solutions for combat training,” says Henrik Vassallo, head of the country unit France & Benelux within Saab’s market area Europe.

The business unit Training & Simulation develops, manufactures and markets advanced military training equipment, such as laser simulator systems, instrumented training systems and target equipment. It also provides service and maintenance for delivered systems.

Airbus Begins U.S. Production of A220 Aircraft

August 5, 2019 / WIL BALDWIN

Airbus has today officially begun manufacturing the A220 in the U.S. The first team of A220 production workers began work at Airbus’ Mobile, Alabama-based production facility following their recent return from on-the-job training in Mirabel, Quebec, Canada, where the A220 programme and primary final assembly line are located.

“The expansion of our commercial aircraft production in Mobile to a second product line – with 400 additional jobs to support it – further solidifies Airbus’ standing as a truly global aircraft manufacturer, and confirms without a doubt that Airbus is an important part of America’s manufacturing landscape,” said Airbus Americas Chairman & CEO C. Jeffrey Knittel. “With Mobile, and our production network in Asia, Canada and Europe, we have strategically created a worldwide industrial base to better serve our customers.”

Airbus announced plans for the addition of A220 manufacturing in Mobile in October 2017. Construction on the main A220 flowline hangar and other support buildings for the new A220 began at the Mobile Aeroplex at Brookley at the beginning of this year. Airbus is producing the first few aircraft within some current A320 Family buildings and newly-built support hangars. The first U.S.-made A220 – an A220-300 destined for Delta Air Lines – is scheduled for delivery in the third quarter of 2020. By the middle of the next decade, the facility will produce between 40 and 50 A220 aircraft per year.

The A220 is the only aircraft purpose-built for the 100-150 seat market; it delivers unbeatable fuel efficiency and wide-body passenger comfort in a single-aisle aircraft. The A220 brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines to offer at least 20% lower fuel burn per seat compared to previous generation aircraft. The A220 offers the performance of larger single-aisle aircraft. With an order book of 551 aircraft as of end of June 2019, the A220 has all the credentials to win the lion’s share of the 100-to-150-seat aircraft market, estimated to represent 7,000 aircraft over the next 20 years.

Airbus has strong and longstanding ties to the United States, with Airbus aircraft being operated by the largest airlines in America. Additionally, Airbus is a major partner of U.S. aerospace companies and workers. The company has purchased $48 billion of components and materials from American suppliers in the last three years alone, and supports more than 275,000 American jobs. Among its facilities in the U.S. Airbus has: engineering centers in Kansas and Alabama; training facilities in Florida and Colorado; materials support and headquarters in Virginia; an innovative think tank (A3) in California; a drone data analysis business (Airbus Aerial) in Atlanta, Georgia; helicopter manufacturing and assembly facilities in Texas and Mississippi; and a satellite manufacturing facility (OneWeb) in Florida.

@Airbus @AirbusintheUS #A220

B-roll video of the start of production may be found at http://a320mobile.com

Air Lease Announces First of Eight New Airbus A321-200neo LR to Aer Lingus

July 29, 2019 / WIL BALDWIN

LOS ANGELES, July 26, 2019 – Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Aer Lingus (Dublin, Ireland). This Airbus aircraft, featuring CFM International LEAP-1A33 engines, is the first of eight A321-200neo LRs scheduled to deliver to the airline through 2020 from ALC’s order book with Airbus.

“ALC is pleased to announce this first of eight A321-200neo LR aircraft delivery today to our long-time customer, Aer Lingus, and introduce the A321neo to the airline,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The new ALC A321neo LR will enable Aer Lingus to substantially increase the number of flights, frequencies and new destinations between Ireland and the USA and Canada. We are honored to be a part of Aer Lingus’ ongoing fleet transition to the A321neo LR to enhance the airline’s expanding route network with the most modern, fuel-efficient aircraft.”

“This significant delivery to our good friends at Aer Lingus strengthens our close relationship and we are confident that the A321-200neo LR will advance the airline’s fleet operations and overall growth goals,” added Grant Levy, Executive Vice President of Air Lease Corporation.

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.

About Air Lease Corporation

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC’s website at www.airleasecorp.com.

About Aer Lingus

Aer Lingus, part of International Airlines Group, operates as a leading Irish airline primarily providing passenger and cargo transportation services from Ireland to the United Kingdom and Europe and also to the United States and Canada.

Air Lease Delivers New Airbus A320-200neo to Atlantic Airways

July 15, 2019 / WIL BALDWIN

LOS ANGELES, July 15, 2019 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Atlantic Airways, the national airline of the Faroe Islands. Powered by CFM International LEAP-1A26 engines, this aircraft is the first of two A320-200neos confirmed to deliver to the airline from ALC’s order book with Airbus. The second A320-200neo is scheduled to deliver to Atlantic Airways in Spring 2020.

“ALC is pleased to announce the delivery to Atlantic Airways of its first A320-200 neo and is excited to be part of the fleet transformation at the airline,” said Grant Levy, Executive Vice President of Air Lease Corporation. “The A320-200neo will significantly enhance Atlantic Airways’ fleet operations by not only supporting the airline’s existing route structure but also allow the airline to grow its route network in Europe and North America.”

Atlantic Airways’ Chief Executive Officer, Jóhanna á Bergi said, “We are very pleased to receive our first Airbus A320-200neo. This will enhance passenger experience and Atlantic Airways’ operations as national carrier, air bridge and life line.

Forward-Looking Statements

Fiat Bets On Electric ‘500’ As It Moves On From Renault

July 11, 2019 / WIL BALDWIN

FILE PHOTO: A Fiat Chrysler Automobiles sign is seen at the U.S. headquarters in Auburn Hills, Michigan,

TURIN, Italy (Reuters) – Fiat Chrysler plans to invest 700 million euros ($788 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday, as the automaker seeks to move on from its failed bid to merge with France’s Renault.

FCA’s chief operating officer for Europe, Middle East and Africa, Pietro Gorlier, announced the investment – the Italian-American company’s biggest single bet on an electric vehicle – at its Mirafiori plant in Turin, northern Italy.

“The plan is confirmed,” Gorlier told reporters, when asked if FCA’s investment in electric vehicle technology would remain unchanged after its $35 billion plan to merge with Renault, an electric car pioneer, collapsed last month.

He said FCA would invest the 700 million euros to build a new production line at Mirafiori to turn out 80,000 of the new 500 BEV, its first battery electric vehicle to be marketed in Europe after a smaller, initial foray in the United States.

Production will start in the second quarter of 2020, with capacity to be expanded later, Gorlier said.

The 500 compact car is one of the group’s most famous models, launched by then Fiat in the late 1950s and quickly becoming a symbol of Italian urban design.

The 700 million euros investment is part of a plan announced last year to invest 5 billion euros in Italy up to 2021.

In abandoning its merger offer for Renault, FCA blamed French politics for scuttling what would have been a landmark deal to create the world’s third-biggest automaker.

($1 = 0.8878 euros)

(By Giulio Piovaccari; Editing by Mark Bendeich and Mark Potter)

International Defense & Aerospace Group Welcomes MD 530F

July 10, 2019 / WIL BALDWIN

Authorized MDHI Sales Agent International Defense & Aerospace Group welcomes the first of up to 3 new, state-of-the-art MD 530F helicopters to be used for tactical and NVG flight training

MD Helicopters, Inc. (MDHI) is proud to announce the sale and delivery of a new MD 530F to International Defense & Aerospace Group, LLC (IDAG), a Pennsylvania-based authorized sales agent. The company’s first state-of-the-art MD 530F aircraft with a production all-glass cockpit, the custom-configured F-model will join an IDAG fleet of training aircraft operated by the Slovak Training Academy that also includes five (5) MD 500E-model helicopters. Its primary role will be to support the tactical and NVG flight training needs of military and paramilitary helicopter pilots from around the world.

“We are excited about the sale of this MD 530F, and the opportunity to have military and paramilitary pilots from around the world train in the MD 530F,” said Lynn Tilton, MD Helicopters, Inc. Chief Executive Officer. “MD Helicopters and International Defense & Aerospace Group are aligned in our commitment to delivering excellence in product quality, support and training, and in our belief that the MD 500E and MD 530F airframes offer the best performance in their class for training, law enforcement and military operations.”

An authorized MDHI Sales Agent for select Central and Eastern European opportunities since 2017, International Defense & Aerospace Group (IDAG) focuses on the sale and service of specialty rotorcraft solutions to military and paramilitary operators throughout Central and Eastern Europe. Global airborne law enforcement, military, and Special Forces operators worldwide also recognize IDAG for offering a comprehensive curriculum of transition and tactical flight training.

“We believe in the quality, proven performance and durability of MD Helicopters’ aircraft,” said Bob Caldwell, President and CEO of IDAG. “The MD 500-series helicopters are perfectly suited for training missions. They are incredibly robust, economical to operate, and have an unmatched safety record.”

IDAG also supports fleet operations and flight crew training for several regional national police agencies and operators.

Configuration

Powered by the Rolls-Royce 250-C30 650shp turbine engine, IDAG’s right-hand command MD 530F is the first type-certified 369FF aircraft to be produced with the company’s all-glass cockpit, and also features NVIS cockpit lighting, extended landed gear, and a 21-gallon Fargo auxiliary fuel tank.

“The MD 530F is one of our most versatile airframes,” Tilton concludes. “It is a proven performer with military and paramilitary operators worldwide, and delivers the overall performance, reliability and mission flexibility required by our growing global base of operators. We congratulate IDAG on this acquisition decision and look forward to the continued growth of their MD Helicopters fleet.”

VIDEO & IMAGE ASSETS: Click here to view a short video featuring this new, multi-mission, multi-role MD 530F. High-resolution images can be requested via MD Helicopters

Azores Airlines Takes Delivery of its First A321LR

July 10, 2019 / WIL BALDWIN

Azores Airlines, the Azores archipelago-based carrier, has taken delivery of its first of three A321LRs to be leased from Air Lease Corporation “ALC”; NYSE: AL, becoming the latest operator of the long-range single-aisle aircraft.

Powered by CFM International’s LEAP-1A engines, the Azores Airlines’ A321LR comprises 190 seats in a two-class configuration (16 Business class seats and 174 seats in Economy) offering premium wide-body comfort in a single-aisle aircraft cabin and with single-aisle operating costs. With this new A321LR, the Portuguese operator will continue its strategy of growth and network expansion to European destinations as well as transatlantic routes between the Azores and North America.

The A321LR is a long-range (LR) version of the best-selling A320neo Family and provides airlines with the flexibility to fly long-range operations of up to 4,000 nm (7,400 km) and to tap into new long-haul markets, which were not previously accessible with single-aisle aircraft.

The A321LR will join the Azores Airlines’ Airbus fleet of five single-aisle aircraft comprising three A320ceo and two A321neo jetliners in service since last year. This new member of the fleet will provide Azores Airlines with more operational flexibility while leveraging on aircraft commonality.

The A320neo and its derivatives are the world’s best-selling single-aisle aircraft family with over 6,500 orders from more than 100 customers. It has pioneered and incorporated the latest technologies, including new generation engines and the industry’s reference cabin design, delivering 20% fuel cost per seat savings alone. The A320neo also offers significant environmental benefits with nearly a 50% reduction in noise footprint compared to previous generation aircraft.

@_AzoresAirlines #Airbus #A321LR

Brookfield, GIC to Buy Railroad Owner Genesee & Wyoming

July 1, 2019 / WIL BALDWIN

July 1 (Reuters) – Canada’s Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash.

Brookfield and GIC’s offer of $112 per share represents a premium of 12 percent to Genesee’s closing price on Friday. Genesee shares were up about 8 percent in trading before the bell.

Including debt, the deal is valued at about 8.4 billion, the companies said in a statement.

Genesee & Wyoming’s revenue have increased at a compound annual growth rate of 16.8% since it floated in the stock market in 1996, rising to $2.3 billion in 2018 from $77.8 million, according to Genesee & Wyoming’s latest annual report.

The company owns a portfolio of 120 short-line railroads, predominantly in North America, with operations in Europe and Australia.

Reuters had reported on the deal on Sunday, citing sources.

The deal, which is expected to close by year end or early 2020, would be the latest big leveraged buyout by Brookfield, which agreed last year to buy Johnson Controls International Plc’s power solutions business for about $13 billion.

Citigroup Global Markets Inc served as the financial adviser to Brookfield and GIC, while BofA Merrill Lynch and Morgan Stanley & Co LLC advised Genesee.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Anil D’Silva)

Bamboo Airways Wants To Fly A380’s To The US

June 28, 2019 / WIL BALDWIN

You can file this one under… “what on earth?”

Bamboo Airways: Vietnam’s newest airline

Bamboo Airways is a new Vietnamese airline that commenced operations at the beginning of 2019. The airline currently has a fleet of about 10 Airbus A320 family aircraft, and has a further 76 planes on order, including 46 A321neo’s and 30 787-9’s.

Click the link below for the full story!

https://onemileatatime.com/bamboo-airways-a380/

Delta Rolls Out Latest Cabins to Europe and South America

June 25, 2019 / WIL BALDWIN

By Aimee Greaves

Upgraded Boeing 767-400s will have new Delta One business class seat.
Delta Premium Select also expands to more markets.

Delta Air Lines will offer improved cabin experiences for customers starting this fall through the launch of its new business class seat offering more comfort and privacy, plus the expansion of its international premium economy cabin, Delta Premium Select to new markets in Europe and South America.

The new cabins will be fitted on the 767-400 fleet and bring all four branded seat products – Delta One, Delta Premium Select, Delta Comfort+ and Main Cabin – to this aircraft for the first time. The aircraft have initially been scheduled on select flights between Atlanta and London Heathrow starting November 12, 2019, followed by a number of additional European and South American markets. Select flights to London, Zurich and Brussels on this aircraft will be available for purchase starting this weekend with additional markets for sale in the coming weeks.

Here is a full overview of the markets the new 767-400 aircraft will fly:

Route (airport code)	Effective Dates
Atlanta (ATL) – London Heathrow (LHR)	Nov. 12
New York-JFK (JFK) – London Heathrow (LHR)	Nov. 16
Boston (BOS) – London Heathrow (LHR)	Nov. 20
New York-JFK (JFK) – Zurich (ZRH)	Dec. 8
New York-JFK (JFK) – Brussels (BRU)	Jan. 30
Atlanta (ATL) – Brussels (BRU)	Feb. 22
New York-JFK (JFK) – São Paulo (GRU)	2Q 2020
Detroit (DTW) – London Heathrow (LHR)	2Q 2020
Minneapolis (MSP) – London Heathrow (LHR)	2Q 2020
Portland (PDX) – London Heathrow (LHR)	2Q 2020
Atlanta (ATL) – Munich (MUC)	2Q 2020
New York-JFK (JFK) – Nice	2Q 2020
Atlanta (ATL) – Zurich (ZRH)	2Q 2020
Atlanta (ATL) – Buenos Aires (EZE)	2Q 2020

”Our investments in our Boeing 767-400 fleet reflect our continuous effort to elevate each aspect of the international customer experience,” said Steve Sear, Delta’s President — International and E.V.P. — Global Sales. “We understand that our customers want to curate their own travel experience and offering four cabins allows for more choice while continuing to align our products across the Delta fleet.”

Delta is investing millions of dollars in its widebody long-haul fleet to give customers greater choice when they travel. The 767-400 refit follows the introduction of the Delta One suite and Delta Premium Select on its Airbus A330-900neo, Airbus A350-900 and Boeing 777-200 aircraft.

Here are some more details on Delta’s new cabins:

Delta One

The cabin will feature a new seat customized for this aircraft, which offers extra privacy through high sides and a divider between the two middle seats in the 1-2-1 configuration. There will be 34 seats in total.
The memory foam-cushion seats will also feature personal stowage areas, customizable ambient lighting and 18″ wide, high-resolution in-flight entertainment screens.
New self-service area for customers to enjoy snacks and beverages at their leisure throughout the flight.

Delta Premium Select

Delta’s premium economy cabin, Delta Premium Select, will have 20 seats in a 2x2x2 configuration.
It is a separate cabin between Delta One and Main Cabin, offering customers dedicated service, plated meals on Alessi serviceware, TUMI branded amenity kits, and LSTN noise-canceling headsets.
Seats, with memory foam cushions, will be 19″ wide with up to 38″ pitch and 7″ recline. The seats will also feature an adjustable leg rest and footrest, along with a larger IFE 13.3″ screen than found in Comfort+ and Main Cabin.

Delta Comfort+ and Main Cabin

New, wider seats with memory foam cushions and adjustable headrests for improved comfort on long-haul flights.
10.1” seatback screens to enjoy the 1,000+ hours of entertainment available on-demand via Delta Studio.

Furthermore, the aircraft will also be fitted with Delta’s own in-flight entertainment system created by Delta Flight Products. The first-of-its-kind system combines wireless technology with state-of-the-art tablet displays mounted into the back of the seat. The system debuted on Delta’s A220 fleet and is also rolling out on the new A330-900neo fleet before coming to the 767-400 aircraft as part of the interior refit.

In addition to the expected customer experience and cost benefits, wireless IFE also helps reduce the airline’s environmental impact. The wireless streaming technology enables the reduction of about one pound of wiring per seat when installed on an aircraft. This means Delta’s modified 767-400 fleet will save about 1,330 metric tons of carbon emissions annually.

Visit the Delta link below for a video presentation of the new cabin layouts!

https://news.delta.com/delta-rolls-out-latest-cabins-europe-and-south-america

Bamboo Airways: Vietnam’s newest airline

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