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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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Embraer E195-E2 receives steep approach certification for London City Airport

Sao Jose Dos Campos, Brazil, November 10, 2023 – The Embraer SA (NYSE: ERJ) most advanced jet aircraft the E195-E2, has received certification for Steep Approach into London City Airport from EASA (European Aviation Safety Agency). This achievement is a significant development, allowing airlines to operate the E195-E2 at London City Airport (LCY), known for its challenging approach and short runway. Together with the E190-E2, which received Steep Approach certification in 2021, both members of the E2 family are now approved for operations from LCY.

The certification process highlighted the E195-E2’s impressive noise reduction among new generation single-aisle aircraft. It surpasses the requirements of ICAO’s strict Chapter 14 regulation, thereby offering a significantly quieter flying experience compared to the previous E195 model. The E195-E2’s noise footprint at take-off is around 60% smaller than current jet aircraft, such as the E190, and will bring benefits to local residents in terms of noise reductions. The E195-E2’s environmental performance extends beyond noise reduction. The aircraft delivers reduced emissions and improved fuel efficiency compared to previous generation aircraft. In 2022, Embraer and Pratt & Whitney demonstrated a successful test flight of an E195-E2 aircraft using 100% Sustainable Aviation Fuel (SAF), which could push the emissions reduction up to 85% in future.

During a proving flight, the E195-E2 first landed at the airport in July 2022. LCY, London’s most central airport, caters to both business and leisure passengers, offering quick access to continental Europe, making it a preferred choice for short-haul flights. The airport is a vital component of London’s wider connectivity and Embraer aircraft are uniquely able to manage the challenges of LCY operations, with Embraer aircraft accounting for a large proportion of LCY operations on routes as diverse as Edinburgh and Mykonos. To serve LCY, aircraft must comply with the steep approach, short runway, and stringent noise regulations. The E195-E2 could replace the current E190 fleet that existing airlines currently operate at LCY.

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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Korean Air now using RTX to improve predictive maintenance

Collins Aerospace Ascentia® tool to be installed on Korean Air 787 Fleet 

Charlotte, North Carolina, November 8, 2023, PRNewswire – Collins Aerospace, an RTX business (NYSE: RTX), announced today that its Ascentia® Prognostic and Health Management (PHM) solution has been selected by Korean Air Lines Co. (Seoul: 003490) for use on its growing Boeing (NYSE: BA) 787 fleet.

The cloud-based solution uses advanced data analytics and machine learning algorithms to help airlines improve maintenance operations and increase aircraft reliability. Analyzing flight data and maintenance records in real-time allows Ascentia to help predict potential maintenance issues and provide recommendations for corrective actions, improving aircraft availability and reducing unscheduled downtime.

Collins Aerospace’s Ascentia solution is currently in use by several major airlines around the world. Equipping KAL’s Boeing 787 fleet with Ascentia represents a significant milestone as Collins Aerospace expands its presence in the Asia-Pacific region.

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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Amtrak customers now benefit from more flexible and affordable fares

Washington, D.C. – Based on extensive customer research, and in an effort to better meet customer needs, Amtrak has introduced a new, simplified fare structure with more flexible and affordable options. The simpler fare structure launched this week and builds on other recent improvements Amtrak has made to the booking experience.

The new fare structure reduces fare types from three categories to two and serves to provide a more consistent booking experience with fare types that are clearly differentiated and easy-to-understand:

  • Flex: For customers who want a more flexible travel option, these tickets are fully refundable if canceled, and can be changed without fees before departure[1].
  • Value: For customers who know their travel plans and want a more affordable option, these tickets are at a lower price than Flex tickets, non-changeable and receive a 75% refund if canceled.

In addition to simplifying the fare structure, benefits of the new approach also include:

  • Flex fares will often be available starting at lower prices than previously offered.
  • Occasional sale fares at an even deeper discount (these will be non-changeable and receive a 50% refund if canceled).
  • Any refunds of credit card purchases will be made to the original form of payment, rather than as an eVoucher.[2]

These changes to Coach and Acela Business tickets make it easier for Amtrak customers to choose the ticket type that best fits their travel needs. Non-Acela Business and First Class tickets were already fully refundable and changeable with no additional fees. Tickets purchased prior to the launch of the new simplified fare structure remain subject to the fare rules and conditions that were in effect when the ticket was purchased.

 

 

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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Southwest Airlines orders additional 108 Boeing 737 MAX jets

Seattle, Washington, October 26, 2023, PRNewswire – Boeing (NYSE: BA) and Southwest Airlines (NYSE: LUV) announced today the carrier is increasing its commitment to the fuel-efficient 737 MAX family with an order for 108 737-7s. The new deal supports Southwest’s modernization strategy and provides flexibility to expand its fleet.

The 737 family has long served Southwest by helping fuel the airline’s continued growth. Southwest has placed over 300 orders for the 737-7, growing its orderbook to more than 500 737 MAX jets. Once certified, the 737-7 will join the carrier’s all-Boeing 737 fleet.

The 737-7 has the longest range in its class, capable of flying up to 3,800 nautical miles and carrying up to 172 passengers. The enhanced environmental performance of the 737 MAX allows carriers to reduce fuel use compared to the previous generation of airplanes. The 737 MAX is also quieter, creating a smaller noise footprint than older jets it replaces.

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, leading with sustainability, and cultivating a culture based on the company’s core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.

 

 

 

 

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Abu Dhabi returns to British Airways route map

Friday, October 20, 2023 – British Airways, part of the International Consolidated Airlines Group S.A. (London: ICAG) will launch daily flights to Abu Dhabi next year, following a four-year hiatus. Available to book from today, the route will begin operating on 20 April 2024, serving the UAE’s capital on a year-round basis from London Heathrow Airport.

Famous for its towering architecture, rich culture, desert landscapes, magnificent beaches and world-class attractions, this Middle Eastern metropolis is enjoyed by those looking for an eclectic mix of culture, relaxation and adventure.

The new flight will be operated by a Boeing 787-9 aircraft in summer 2024 and will boost connectivity to the UAE as it joins flights to neighbouring Dubai, which operate up to three-times daily from Heathrow.

To celebrate the launch, British Airways is offering return fares from £449 in World Traveller (economy) and £1,999 in Club World (business class), available to book before 12 November 2023. Executive Club Members will be able to purchase Reward Seats from £100 + 50,000 Avios.

 

 

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