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Mercedes-Benz unveils first branded residential skyscraper in Dubai

Mercedes-Benz and developer Binghatti have revealed plans for a supertall skyscraper in central Dubai, which will be the car company’s first branded residential tower.

Named Mercedes-Benz Places in Dubai, the tower will reportedly be 341 meters high and located close to the Burj Khalifa.

Click the link below to read the full story from dezeen! Thereis also a video below the link! Enjoy

Mercedes-Benz first residential skyscraper

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Boeing announces fourth quarter deliveries

Arlington, Virginia, January 9, 2024 – The Boeing Company (NYSE: BA) announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2023.

The company will provide detailed fourth-quarter financial results on January 31. Major program deliveries during the fourth quarter were as follows:

Contact:
Investor Relations: BoeingInvestorRelations@boeing.com
Communications: media@boeing.com

Forward-Looking Statements

This press release may 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.

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EVA Air places order for 33 Airbus aircraft

Toulouse, France, January 9, 2024 – Taiwan’s EVA Air has finalised a firm order with Airbus Group SE (Paris: AIR) for the purchase of 18 long-range A350-1000 and 15 single-aisle A321neo aircraft. EVA Air is the latest airline to select the A350-1000 for its long haul requirements, with the A321neo bringing new levels of efficiency for the carrier’s regional network operations.

Forward-Looking Statements

This press release may 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.

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airBaltic to become largest Airbus A220 customer in Europe

Dubai Air Show, November 13, 2023 airBaltic will become the largest Airbus Group SE (Paris: AIR) A220 customer in Europe after confirming an incremental order for an additional 30 A220-300s. This new order will take the airline’s total firm orderbook to 80 aircraft.

Already operating a 44 strong fleet of A220-300s, airBaltic is currently the largest A220-300 operator in the world.

The airline’s history with the Airbus A220-300 dates back to 2016 where it was the launch customer, and in 2020, it refreshed its fleet to solely operate this aircraft type.

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.

 

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ITA Airways receives its first Airbus A321neo

Hamburg, Germany, November 10, 2023 – ITA Airways has taken delivery of its first Airbus Group SE (Paris: AIR) A321neo on lease from Air Lease Corporation (NYSE: AL) from Airbus’ Hamburg production facilities.

This latest addition further consolidates ITA Airways’ all-Airbus fleet strategy, which currently stands at 81 aircraft, and includes latest generation A220, A320neo, A330neo and A350 aircraft.

ITA Airways’ A321neo, which will serve the airline’s medium haul routes, is fitted with a three class configuration including 12 Business Class full flat beds with direct aisle access, 12 Premium Economy seats in 4-abreast, and 141 Economy seats of which 12 are dedicated to Comfort Economy.

ITA Airways’ A321neo aircraft features Airbus’ Airspace cabin design, which includes new XL overhead bins and customised interior lighting based on the latest full-LED technologies to help reduce jet lag. In addition, to enhance the passenger experience, each seat is equipped with the latest generation in-flight entertainment system with individual screens and on-demand content.

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.

Air Niugini orders 6 Airbus A220 aircraft

Toulouse, France, November 3, 2023 – Air Niugini, the national flag carrier of Papua New Guinea, has signed a firm order with Airbus Group SE (Paris: AIR) for six latest generation single aisle A220-100’s under its fleet modernisation program. In addition, the carrier will acquire three A220-300s and another two A220-100’s from third party lessors.

The order was announced at a special event in Port Moresby by Gary Seddon, Acting Chief Executive Officer Air Niugini and Anand Stanley, President Airbus Asia-Pacific, in the presence of the Honorable James Marape, Prime Minister of Papua New Guinea and Honorable William Duma, Minister for State Enterprises.

Air Niugini also announced that it has selected a flight planning support system from Airbus subsidiary NAVBLUE for its fleet. Called N-Flight Planning (N-FP), the solution will help the airline optimise on fuel, time and cost to meet operational needs, while ensuring overall safety and compliance.

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.

 

 

 

 

 

 

 

 

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Icelandair welcomes its newest gateway of Pittsburgh

Icelandair Group (Iceland: ICEAIR) returns to Pennsylvania with today’s announcement of our newest American gateway of Pittsburgh International Airport (PIT). Flights now on sale starting at $499 round-trip!

This new service opens the Appalachia region of the American Midwest to new options for traveling to Iceland and beyond. Seasonal service begins May 16, 2024 and runs through October 27, 2024 utilizing our newest aircraft, the Boeing (NYSE: BA) 737 MAX-8. Flights will operate four times weekly, on Sundays, Tuesdays, Thursdays and Fridays.

To celebrate today’s exciting announcement, sale fares to Iceland starting at $499 round-trip, including all taxes and fees, are available to book now through Wednesday, November 8!

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.

 

 

 

American Airlines unveiled over 50 new routes this year

Dallas, Texas, October 31 – 2023 continues to be a big year for American Airlines Group (Nasdaq: AAL). This year, the airline has launched or announced more than 50 new routes. With service to more than 350 destinations around the world, American continues to build a comprehensive network across the United States and the world.

Learn more below about our new routes we will add through the summer of 2024.

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.

 

Qantas says bonjour with direct flights from Perth, Australia to Paris, France

Qantas Airways Ltd (Sydney: QAN) is adding another direct service between Australia and Europe with the launch of a new route between Perth and Paris, just in time for the 2024 Olympic and Paralympic Games and European summer.

Following the success of the national carrier’s unique direct flights from Perth to London and Rome, the new year-round route will see Qantas operate to the French capital for the first time in nearly two decades, cutting around three hours off the current fastest travel time from Perth to Paris.

From 12 July 2024, the 17-hour Perth-Paris flights will initially operate four days per week during the peak European summer with the airline’s Boeing 787 Dreamliner aircraft. Services will move to three per week from mid-August 2024.

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Saab Q3 2023 results: Growth momentum in an evolving market

Saab AB (Stockholm: series B: SAABb)President and CEO Micael Johansson says “The geopolitical tensions are impacting our industry and driving the largest increase in defence investments in the last 30 years, particularly in Europe. In the third quarter, high demand for Saab’s broad defence portfolio continued to result in significant order intake, strong sales growth and improved profitability.”

Key highlights Q3 2023

  • Order intake amounted to SEK 14,977m (7,772) with strong growth in all order sizes in the quarter.
  • Sales increased to SEK 11,527m (8,751) with an organic growth of 31%, driven by growth in all business areas.
  • EBITDA increased 28% and amounted to SEK 1,424m (1,115), corresponding to an EBITDA margin of 12.4% (12.7).
  • Operating income (EBIT) increased 51% and amounted to SEK 859m (568). The EBIT margin was 7.5% (6.5) with improvements in several business areas in the quarter.
  • Net income for the period increased to SEK 656m (324) and earnings per share amounted to SEK 4.84 (2.28).
  • Operational cash flow in the quarter was SEK -2,058m (559) mainly due to timing of customer payments combined with higher investments.
  • Net liquidity position in the quarter was SEK 1.4 bn (0.4).
  • Upgraded outlook for organic sales growth 2023: organic sales growth to be between 19-23%, compared to previous outlook of 16-20%.

For more information and explanations of the above key ratios, please see www.saab.com/investors/financials/financial-data.

 

 

 

 

 

 

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