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Alaska Air Group to Announce Q2 2019 Financial Results

SEATTLE, July 1, 2019 /PRNewswire/ — Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries, Inc., will announce its second quarter 2019 financial results on Thursday, July 25, 2019. A conference call is scheduled at 4:30 p.m. Eastern time/1:30 p.m. Pacific time. Interested parties may listen to the call via webcast at www.alaskaair.com/investors.

Alaska Airlines and its regional partners fly 46 million guests a year to more than 115 destinations with an average of 1,200 daily flights across the United States and to Mexico, Canada and Costa Rica. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 900 destinations worldwide. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Carriers in North America” in the J.D. Power North America Airline Satisfaction Study for 12 consecutive years from 2008 to 2019. Learn about Alaska’s award-winning service at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Air Lease Announces Q2 2019 Earnings Conference Call

LOS ANGELES, July 1, 2019 – Air Lease Corporation (NYSE: AL) will host a conference call on August 8, 2019 at 4:30 PM Eastern Time to discuss the Company’s financial results for the second quarter of 2019.

Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 4472126.

The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease Corporation website.

For your convenience, the conference call can be replayed in its entirety beginning at 7:30 PM ET on August 8, 2019 until 7:30 PM ET on August 15, 2019. If you wish to listen to the replay of this conference call, please dial (855) 859-2056 domestic or (404) 537-3406 international and enter passcode 4472126.

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.

Newest Delta Sky Club Evokes Eclectic Austin

The new Delta Sky Club is the latest investment Delta is making for Austin travelers.

​Just in time for summer travel, the newest Delta Sky Club and first at Austin-Bergstrom International Airport will open for business on May 21.

“Building on our unmatched operational excellence, award-winning customer service and the ability to easily connect to cities around the globe, the first Delta Sky Club at Austin will give business and leisure travelers yet another best-in-class offering to enjoy,” said Erik Snell, Delta’s Senior Vice President — Operations & Customer Center, who first shared the news of the new Club during a visit to the Austin Chamber of Commerce last year.

On the mezzanine level of the Barbara Jordan Terminal, this 9,000 sq. ft. Delta Sky Club conveniently located near the Delta gates features:

• Covered Sky Deck, an outdoor patio that can be enjoyed year-round.
• Full-service bar that includes seasonal cocktails and wine,
selected by Delta’s Master Sommelier Andrea Robinson, which
will be stored in a temperature-controlled custom glass tower,
along with the Agave Experience — an extensive selection of tequila
and mezcal that can be sampled in individual pours or tasting
flights — on the premium bar menu.
• Beer to try from around Texas, like Thirsty Planet Thirsty Goat,
Hi Sign Violet the Blueberry Blonde and Saint Arnold Fancy Lawnmower,
and rotating, seasonal food offerings inspired by the region, like
handcrafted tacos and barbecue dishes.
• Unique, eclectic interior style inspired by Austin with warm walnut
surfaces, metal finishes and rich fabrics.
• Select artwork from well-known and up-and-coming artists with
connections to Texas.
• Comfortable seating areas, high-speed Wi-Fi and power outlets at
nearly every seat.

“We’ve put care into every detail — from the curated, local artwork to the Club design to the seasonal food and beverage offerings,” said Claude Roussel, Managing Director — Delta Sky Club. “We look forward to welcoming guests traveling through Austin — they will be wowed by the experience and incredible service.”

The new Delta Sky Club is the latest investment Delta is making for Austin travelers. Delta offers 28 peak-day departures with nonstop service to all of its U.S. hubs, including three daily flights to both Los Angeles and New York City, easily connecting customers to the airline’s global network of more than 300 destinations. Delta also offers nonstop daily service to other key Austin destinations including Boston and Raleigh. In addition, Delta has hosted a “festival shuttle” from Los Angeles to the South by Southwest Conference and Festivals for the past five years, offering a curated travel experience to tech and entertainment leaders traveling to Austin. And, the airline continues to invest in the local workforce, recently insourcing dozens of airport operations jobs.

As a part of a long-term effort to expand the award-winning Delta Sky Club experience across the network, later this year Delta will debut a new Club at Louis Armstrong New Orleans International Airport and several upgrades like more, comfortable seating and a completely redesigned food and bar experience at the John F. Kennedy International Airport Terminal 4 Club. Salt Lake International Airport will also see a new, nearly 28,000-square-foot Club in 2020 and Los Angeles International Airport will see a new Club in 2021 — both of which will feature a Sky Deck and breath-taking views. Over the past several years, Delta also opened a new Club at Phoenix Sky Harbor International Airport and a refreshed Club at Ronald Reagan Washington National Airport, along with a new award-winning flagship clubs at Hartsfield-Jackson Atlanta International Airport and Seattle-Tacoma International Airport.

Embraer Praetor 600 Jet Makes Its First Transatlantic Crossing

Melbourne, Florida, May 17, 2019 – Embraer’s new Praetor 600 super-midsize business jet has completed its first transatlantic crossing, powered by Sustainable Alternative Jet Fuel (SAJF). The aircraft arrived yesterday in Farnborough, having departed from Teterboro Airport in the U.S. The first transatlantic flight of the Praetor 600 covered about 3,000 nautical miles with about 15,000 lb of fuel, of which 3,000 lb was SAJF.

Embraer will debut its new Praetor business jets at the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland, from May 21 to May 23. The new midsize Praetor 500 and super-midsize Praetor 600 business jets were launched in October 2018.

On static display at this year’s EBACE will be the entry-level Phenom 100EV, the Phenom 300E light jet, the midsize Praetor 500, the super-midsize Praetor 600, the large Legacy 650E and the ultra-large Lineage 1000E. All aircraft will arrive at EBACE fueled with SAJF.

Prior to arrival at EBACE, Embraer will participate at a business aviation biofuel event to be held at Farnborough Airport on May 18. This event will mark the first anniversary of the launch of the Business Aviation Coalition for Sustainable Alternative Jet Fuel (SAJF), at EBACE 2018, and the 10th anniversary of the Business Aviation Commitment on Climate Change, announced in 2009.

The “Fueling the Future” event will gather business aviation and civic leaders to discuss the path forward for the continued adoption of SAJF in business aviation, in order to fulfill the coalition’s goal of reducing emissions through investments and innovation. Several manufacturer’s business aircraft will be fueled with SAJF before departing to EBACE.

On May 8, the Praetor 600 began its journey to EBACE at São Paulo International Airport in Brazil and arrived in Fort Lauderdale, Florida with a six-passenger equivalent payload of 1,200 lb (544 kg). This was the aircraft’s longest flight to date, covering 3,904 nm (7,230 kilometers) over an air distance of 3,678 nm (6,812 kilometers), having faced up to 43 knots of headwinds and descended into Miami’s distinct air space pattern.

The Praetor 600 is the best performing super-midsize jet ever developed, surpassing all its main design goals and becoming capable of flying beyond 4,000 nautical miles in long-range cruise speed or beyond 3,700 nautical miles at Mach .80 from runways shorter than 4,500ft, complemented by an outstanding payload capability.

The Praetor 600 is the first super-midsize jet with full fly-by-wire technology, which powers the Active Turbulence Reduction that not only makes every flight the smoothest but also the most efficient possible.

Follow us on Twitter: @Embraer

U-Haul International Takes Delivery of its First PC-24

In a ceremony today at Pilatus Business Aircraft Ltd’s facility in Broomfield, Colorado, the Swiss aircraft manufacturer delivered the first of two PC-24 Super Versatile Jets to US customer U-Haul International.

In a stylish paint scheme featuring the distinctive U-Haul orange livery, the 27th production PC-24 aircraft took to the skies for its new home base in Phoenix, Arizona, where it will join a U-Haul fleet that includes two PC-12s.

On hand to accept the keys to their first PC-24 was Joe Shoen, Chairman of AMERCO, parent company of U-Haul International, who stated: “We are delighted to start flying this great new aircraft. When Pilatus announced the new jet, we were confident that it would be a real workhorse that, alongside our two PC-12s, would help us manage our growing operations throughout North America. We have been eagerly looking forward to this day.”

Thomas Bosshard, CEO of Pilatus subsidiary Pilatus Business Aircraft Ltd stated: “We are extremely pleased to have the honour of delivering the first of two PC-24s to U-Haul International, one of our many great, long-time customers. Joe Shoen and his flight department have been on board with Pilatus and the PC-24 since we first introduced the concept to them more than five years ago. Throughout the development and certification of the aircraft they’ve been looking forward to this day, and we are thrilled to celebrate it with them.”

With the aircraft now in operation, the global fleet of PC-24’s has now accumulated over 4,000 flight hours, with the fleet leader already clocking up more than 1,100 flight hours.

The PC-24 Super Versatile Jet will be on display at Pilatus’ static exhibit during the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland, 21 to 23 May. Reservations for personal viewings may be made onsite or with any Authorized Pilatus Centre.

HK Bellawings Firms Order for Four More Global 7500 Jets

  • Fleet operator continues to confirm orders after signing letter of intent for multiple Global 6500 and Global 7500 aircraft in May 2018
  • HK Bellawings Jet Limited will become operator managing China’s largest fleet of Global 6500 and Global 7500 aircraft
  • Flagship Global 7500 business jet making its airshow debut at ABACE
  • Long-range, large-cabin Global 5500 and Global 6500 aircraft on track to enter service this year

Bombardier is pleased to announce that Hong Kong aircraft management company HK Bellawings Jet Limited firmed up an order for four Global 7500 business jets. This news comes as the flagship Global 7500 aircraft arrives at the Asian Business Aviation Conference & Exhibition (ABACE), its first airshow since entering service.

“We are proud to announce this firm order as the Global 7500 aircraft makes its public debut at ABACE, one of the world’s most important aerospace exhibitions,” said Khader Mattar, Vice President of Sales for the Middle East, Africa, Asia Pacific and China, Bombardier Business Aircraft. “Our flagship jet has been causing a sensation since entering service less than four months ago, and this order underscores that this aircraft, with its unparalleled range and four true living spaces, is ideal for the Greater China region.”

HK Bellawings first announced their intent to purchase up to 18 Global 6500 and Global 7500 aircraft, for a potential value of $1.14 billion US, in May 2018 at the European Business Aviation Convention & Exhibition (EBACE) in Geneva. Hours earlier, Bombardier had stunned the industry by launching two new long-range, large-cabin business jets, the Global 5500 and Global 6500 aircraft.

In September 2018, HK Bellawings firmed up its order of four Global 6500 and two Global 7500 business jets, for an approximate value of $370 million US, based on current list prices for typically equipped aircraft. Today, HK Bellawings and Bombardier are pleased to confirm that four more
Global 7500 aircraft are now part of that firm purchase, bringing the total of firm aircraft orders to 10. This latest announcement represents a value of approximately $291 million US, based on current list prices.

“We are thrilled to offer our customers access to the unparalleled Global 7500 aircraft as part of our unmatched fleet,” said HK Bellawings President Mr. YJ Zhang. “The Global 6500 and Global 7500 aircraft align with HK Bellawings’ rapid development to be a one-stop business aviation solution. As the operator that will manage one of the world’s largest fleet of Global 6500 and Global 7500 aircraft, HK Bellawings Jet will further expand our business scope and continuously pursue higher goals.”

The Global 7500 aircraft’s range of 7,700 nautical miles is the longest in business aviation. This business jet can connect the cities of Beijing, Shanghai and Hong Kong non-stop to the cities of New York, London or Milan, and also fly nonstop from Singapore to Vancouver.*

Established in 2014, HK Bellawings Jet Limited is a distinguished business jet management company dedicated to providing a diverse array of professional, highly efficient and comprehensive business aviation services and solutions, which include business jet management, aircraft maintenance, travel concierge service, aircraft acquisition service, and business aviation consultancy. They operate a fleet of Challenger and Global business aircraft.

About Bombardier

With over 68,000 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Airbus, Dassault Finalizing Bid On New Fighter Jet

BERLIN (Reuters) – Airbus (AIR.PA) and France’s Dassault Aviation (AVMD.PA) will shortly submit an unsolicited proposal for initial conceptual work on a next-generation fighter jet to German and French officials, according to sources familiar with the matter.

The two companies agreed in principle in April to work together on an ambitious Franco-German program to design a new warplane, but are anxious to get some early funding so they can start work on new technologies required for the multi-billion project – with a goal of fielding a new aircraft around 2040.

Germany and France signed a memorandum of understanding about the project in April, but progress has been halting amid disputes between the governments about future exports, and among industry about how to divvy up work on a system to integrate the new jet with drones and other weapons.

One source familiar with the matter said the two companies could submit their proposal by the end of the year or early next year, paving the way for the first contract awards next year.

One French military official told the International Fighter conference in Berlin this week that the two governments hoped to conclude an initial contract in January.

Peter Harster, senior executive with MTU Aero Engines (MTXGn.DE), said the study contract was needed, along with a medium-term budget plan, to help set a realistic timetable and key requirements to ensure the new jet would be ready by 2040.

Harster also called for a separate contract for work on an engine for the new jet to enable optimal flexibility and give the customers direct control over the propulsion system.

Bruno Fichefeux, head of future combat air systems at Airbus, told the conference he expected conceptual work on the program to begin soon, “bilaterally or with Spain.”

A Spanish official told the conference his country was in discussions with both the Dassault-Airbus team, and a separate project being led by Britain’s BAE Systems (BAES.L) to secure a role on one of the projects. A French military official said the two projects could also be merged at a future date.

Douglas Barrie, senior fellow at the International Institute for Strategic Studies, said government and industry ties would likely shift again, as in the 1970s and 1980s during work that ultimately led to the Eurofighter Typhoon and Dassault’s Rafale.

“We’re at the start of that process again now. And I don’t think it will take a decade to shake out, but it will take some time,” he said. “I think shifts are inevitable.”

Senior executives from Airbus and other companies discussed the next generation fighter with German Defence Minister Ursula von der Leyen at a meeting hosted last week by the German Aerospace Industries Association (BDLI), the sources said.

BDLI declined to comment on the meeting. No comment was immediately available from the defense ministry.

(Reporting by Andrea Shalal; Editing by Mark Potter)

Image from http://www.dassault-aviation.com

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