Britta Seeger, Mitglied des Vorstandes der Daimler AG, verantwortlich für Mercedes-Benz Cars Vertrieb & Marketing // Britta Seeger, member of the Board of Management of Daimler AG responsible for Mercedes-Benz Cars Sales & Marketing
Stephan Sturm will resign from the Supervisory Board of Deutsche Lufthansa AG (XETRA: LHA.DE), which will go into effect after the Annual General Meeting on May 4, 2021. The Chairman of the Executive Board of Fresenius has been a member of the Lufthansa Supervisory Board since April 2015 and has chaired the Audit Committee since January 2018.
The Supervisory Board Nomination Committee has proposed that Britta Seeger fill the vacancy. The 51-year-old business economist has been a member of the Board of Management of Daimler AG (XETRA: DAI.DE) since 2017 and is responsible for Mercedes-Benz Cars Sales. The Bonn-born manager will be nominated for election at the Annual General Meeting on May 4.
The responsibility as Chairman of the Audit Committee, which is currently held by Stephan Sturm, will be transferred to Harald Krüger at the Annual General Meeting, according to the will of the Supervisory Board.
At a meeting today, the Supervisory Board also decided to extend Detlef Kayser’s (55) contract ahead of schedule for three more years until December 31, 2024.
Dr. Detlef Kayser has been a member of the Executive Board of Deutsche Lufthansa AG since January 1, 2019. As “Chief Operations Officer” he is responsible for the operational processes and fleet and infrastructure management of the Lufthansa Group along with the Group-wide “ReNew” restructuring program.
Melbourne, Florida, February 24, 2021 – For the ninth consecutive year, the Embraer (NYSE: ERJ) Phenom 300 series has become the world’s best-selling light jet according to numbers released today by the General Aviation Manufacturers Association (GAMA). Embraer delivered 50 Phenom 300 series light jets in 2020, making it the most delivered light jet of the year. This is the ninth consecutive year that the Phenom 300 series has achieved this milestone, having accrued more than 590 deliveries since entering the market in December 2009. In 2020, the Phenom 300 series was also the most delivered jet model out of all twinjets in the market.
Originally launched in 2005, the Phenom 300 series is in operation in more than 30 countries and has accumulated more than one million flight hours. Embraer is continuously investing in the competitiveness of the Phenom 300E with enhancements to its comfort, technology, performance, and operational efficiency resulting in the highest residual value in the market.
In January of 2020, Embraer announced the new and enhanced Phenom 300E, followed by its ANAC, EASA and FAA approval in March, achieving triple-certification. The first delivery of the new and enhanced Phenom 300E occurred in June of 2020.
With its unparalleled technology, exceptional comfort, and stunning performance, the Phenom 300E sets the highest standard of excellence in the light jet category. In terms of performance, the new, enhanced Phenom 300E is even faster, capable of reaching Mach 0.80, becoming the fastest single-pilot jet in production, and able to deliver high-speed cruise of 464 knots, and a five-occupant range of 2,010 nautical miles (3,724 km) with NBAA IFR reserves.
Additional technology enhancements include an avionics upgrade, featuring a runway overrun awareness and alerting system (ROAAS) ― the first technology of its kind to be developed and certified in business aviation ― as well as predictive windshear, Emergency Descent Mode, PERF, TOLD, and FAA Datacom, among others. The Phenom 300E also features 4G connectivity via Gogo AVANCE L5.
The new, comfort-enhancing features on this jet include a quieter cabin, more legroom in the cockpit, and a new premium interior option — the Bossa Nova edition. Named for the Brazilian style of jazz music, and Portuguese for “new trend,” the optional Bossa Nova edition encompasses a package of Embraer’s latest interior developments, with features such as carbon fiber accents and Embraer’s exclusive Ipanema sew style. It is also the first of the Phenom 300 series to feature piano black surfaces.
Cirrus Aircraft today unveiled a new Limited Edition aircraft to commemorate the delivery of its 8,000th SR Series aircraft later this year – the 8000 Limited Edition SR Series. Inspired by the company’s rich history of designing and building aircraft that inspire people to experience the world through personal aviation, the new design features bold colors and unapologetic accents on the exterior and interior.
Echoing the momentum of the runway lines as you prepare for take-off, the 8000 Limited Edition SR Series features an exterior that is impossible to miss. The design is accentuated by an industry-first Volt wing paint scheme, commanding attention on the ground and in the air. The unmistakable graphics and colors carry through into the interior with Volt stitching on the seats and embroidery on the door, and luxury perforated leather on the seats and throttle. In addition to the exciting new design, each of the limited run of eight (8) exclusive 8000 Limited Edition aircraft will be delivered along with a curated series of gifts and events for the new owners.
Cirrus Aircraft’s first high-performance SR Series airplane – the SR20 – was delivered in 1999 and transformed general aviation with intuitive avionics, game-changing performance and revolutionary safety systems, including the Cirrus Airframe Parachute System® (CAPS®). The SR Series has been the world’s best-selling single-engine piston for 18 years in a row, with a portfolio that includes the SR20, SR22 and the turbocharged SR22T. Later this year, the company will deliver its 8000th SR Series aircraft and exceed 11 million flight hours in more than 60 countries around the world.
The sixth generation SR Series – G6 SR Series – quickly reaffirmed Cirrus Aircraft’s position as the industry leader and, once again, raised the benchmark for high performance, single-engine aircraft. The 2017 G6 SR Series launched the high-speed Cirrus Perspective+TM by Garmin® flight deck, Cirrus SpectraTM wingtip lighting, premium cockpit connectivity solutions and more. In the following years, the G6 SR Series was further enhanced with flight deck upgrades and new features in connectivity, including the Cirrus Aircraft mobile app powered by Cirrus IQ™ for access to real-time aircraft data from virtually anywhere in the world, flight data streaming and the ability to text or call contacts on the ground with FlightStream 510.
The 8000 Limited Edition SR Series was imagined and designed by the Xi Design Studio – Cirrus Aircraft’s talented in-house personalization team. The Limited Edition continues to expand the Xi Design Studio’s ability to incorporate luxury automobile-inspired details, handcrafted finishes and customization defined and inspired by the owner’s imagination.
On behalf of EVA Air, we offer our sincere apology to frontline epidemic prevention teams, health-care workers and the general public for the impact on public epidemic prevention efforts our dismissed pilot’s regulation violations have caused.
We treat all our employees equally and apply the same standard to each and everyone who works at EVA, no matter what rank or title. If anyone is found to have violated epidemic prevention rules, we will immediately investigate and take disciplinary action if it’s warranted.
On December 23, 2020, after a thorough evaluation of facts and evidence, EVA’s Disciplinary Committee dismissed a Captain for violating epidemic prevention rules and filing an untruthful report. He disregarded Taiwan Civil Aeronautics Administration and Ministry of Transportation and Communications (MOTC) Operational Principles, requiring Air Crew Members of Taiwan-based airlines to comply with health controls in addition to Article 43, Paragraph 2 of the Communicable Disease Control Act, stating “relevant personnel shall not refuse, evade or obstruct the laboratory testing, diagnosis, investigation…, jeopardizing the good name and reputation of the company.”
The dismissed pilot’s irresponsible disregard for the well-being of First Officers in the cockpit with him, ground crew and others he came in contact with also meets criteria for disciplinary termination under Article 12, Paragraph 1, Subparagraph 4 of Taiwan’s Labor Standards Law. Following Articles 13.3.6 and 14.3 of its Pilot Administration Manual, EVA’s Disciplinary Committee made a unanimous decision to terminate the pilot, effective immediately.
The dismissed pilot failed to mention his own noncompliance or epidemic prevention rule violations by any other crew member in reports he submitted for the cargo flights he commanded. On the evening of December 17, a female First Officer who had flown with the dismissed pilot notified EVA that she had been diagnosed with COVID-19 and mentioned that the dismissed pilot had not worn a mask when they were on duty in the cabin. Following Central Epidemic Command Center guidelines, we began investigating the dismissed pilot on December 18. Another First Officer who had flown with the dismissed pilot tested positive for COVID-19 on December 19. EVA contacted both First Officers to ensure their wellbeing and verify details of the situation. The First Officers confirmed that the dismissed pilot had not worn masks when he was on duty in the cockpit with them though he was asked to do so. The EVA Disciplinary Committee considered this information within the evidence they reviewed.
The dismissed pilot is from New Zealand, the female First Officer is Taiwanese and the other First Officer, Japanese.
We also immediately began improving our epidemic prevention practices and management procedures. For example, we established more rigorous rules for crew members when they collect food during overseas layovers in hotels. We now require everyone to wear masks, goggles and gloves when they receive food. During flights, only one pilot at a time can remove his or her mask to eat or drink. We equipped our dormitories with new door locks that record all entries and exits. We also created a new reporting mechanism to make it easy for employees to report violations they may witness, regardless of the offender’s position in the company. EVA will investigate all reports of violations and take disciplinary action whenever it is warranted.
EVA strictly complies with all government epidemic prevention policies and requires all crew members and staff to follow applicable rules. Unfortunately, one irresponsible employee’s thoughtless behavior spoiled the hard-earned success that other EVA pilots, crew members and staff have worked so hard to achieve. While EVA does not ever cut corners in practices or procedures, this situation exposed vulnerabilities in our epidemic prevention efforts. We met with Taiwan’s Central Epidemic Command Center and Civil Aeronautics Administration to discuss additional measures we can take to make our operations more secure. And we will use what we learned from this situation as we continue to do our best to strengthen and improve our epidemic prevention practices and management procedures.
Union Pacific today named Craig Richardson executive vice president, chief legal officer and corporate secretary. Richardson is responsible for overseeing all aspects of the company’s legal affairs, including commercial transactions and litigation, regulatory matters, labor and employment. Richardson also supervises the railroad’s compliance and ethics program, and risk management initiatives, including Union Pacific’s police department. He succeeds Rhonda Ferguson, who served as executive vice president, chief legal officer and corporate secretary.
Richardson most recently served as vice president of commercial and regulatory law. He’s also held the position of associate general counsel.
“Craig has provided critical leadership, guiding us through sensitive and complex legal matters with insight, sound judgment and clarity,” said Chairman, President and CEO Lance Fritz. “He is a superior partner and counselor and has the expertise we need during this time of unprecedented change within our nation and company.”
Richardson’s experience spans commercial and regulatory litigation, including oil and gas, environmental, and antitrust law, as well as all aspects of multi-jurisdictional permitting of global energy infrastructure. For nearly a decade, he served as the Chief Legal Officer of El Paso Corporation’s Pipeline Group, the largest network of interstate natural gas pipelines in North America, delivering over 30% of the natural gas consumed in the United States. He was responsible for all legal matters nationwide, waging successful litigation in executing El Paso’s $8 billion portfolio of crucial additions to national energy infrastructure from California to New York.
LAS VEGAS, Nov. 17, 2020 /PRNewswire/ — MGM Growth Properties Operating Partnership LP (the “Operating Partnership”) and MGP Finance Co-Issuer, Inc. (together, the “Issuers”), consolidated subsidiaries of MGM Growth Properties LLC (NYSE: MGP) (the “Company”), have priced $750 million in aggregate principal amount of 3.875% senior notes due 2029 (the “notes”) at par. The $750 million aggregate principal amount of the notes represented an increase of $250 million from the original offering size of $500 million. The offering is expected to close on November 19, 2020, subject to customary closing conditions.
The Issuers plan to use the net proceeds of the offering for general corporate purposes, which may include the redemption of up to $700 million of the Operating Partnership units held by MGM Resorts International (“MGM”) should MGM elect to exercise certain rights it holds to cause the redemption of such units for cash.
Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act).
The Loan Agreement provided a secured term loan facility of up to $200 million. On October 30, 2020, Mesa borrowed $43 million under the facility and today, completed a second closing to borrow an additional $152 million. These funds may be used for general corporate purposes and operating expenses, to the extent permitted by the CARES Act.
“I’d like to again express my sincere gratitude to everyone involved in making this deal happen. Our people have been working very hard to ensure Mesa and its employees are prepared to weather this storm”, said Jonathan Ornstein, Chairman and Chief Executive Officer. “These additional funds will substantially benefit our airline and the communities we serve as we continue to navigate the obstacles created by the pandemic”.
In connection with the additional $152 million drawn under the facility, Mesa issued warrants to the U.S. Treasury to purchase 3,819,095 shares of common stock, no par value. The Warrants have a five-year term from the date issued, were issued pursuant to the Warrant Agreement, and have substantially identical terms to the warrants issued on the initial closing.
DUBLIN, Ireland – Fly Leasing Limited (NYSE: FLY), a global leader in aircraft leasing, today announced it has closed a new $180 million Term Loan (the “2020 Term Loan”). The interest rate on the five-year term loan is LIBOR plus 6.00% with a 1.00% LIBOR floor. The financing was issued at an original issue discount of 4.5%. The 2020 Term Loan will be secured by 11 narrowbody aircraft owned by FLY and its subsidiaries, four of which are unencumbered and seven of which are currently financed in FLY’s 2012 Term Loan. The proceeds will be used for general corporate purposes.
“FLY is enhancing its liquidity position with the successful completion of a new $180 million term loan that attracted strong demand from a robust group of institutional lenders,” said Colm Barrington, CEO of FLY. “FLY does not have any aircraft orders or other foreseeable capital commitments. Additionally, FLY only has three aircraft remaining to be remarketed in 2020, representing 2.4% of net book value.”
Following completion of the financing of the collateral pool under the 2020 Term Loan and the anticipated transfers of certain unencumbered aircraft into the 2012 Term Loan, FLY will have a total of nine unencumbered narrowbody aircraft with a net book value of $204 million.
All six Super Tucano aircraft ordered by The Philippine Air Force (PAF) have been officially handed over to the Air Force today. The aircraft will be deployed for close air support, light attack, surveillance, air-to-air interception, counter-insurgency missions, advanced training and are part of PAF’s ongoing modernization plan.
“The Philippine Air Force takes pride in welcoming the six A-29B Super Tucano from Embraer Defense and Security into the blue fold of our skies as part of our fleet. The addition of these close air support aircraft is a great leap in our air power capability as we soar together in our flight to a more capable and credible Air Force for the nation and its people,” Lieutenant General Allen T. Paredes AFP, Commanding General of the Philippine Air Force.
“It is an honour to deliver these six A-29 Super Tucanos to The Philippine Air Force,” said Jackson Schneider, President and CEO of Embraer Defense & Security. “Delivering an aircraft amidst a global pandemic is challenging, but we were committed to go the extra mile every step of the way to have the aircraft in the hands of PAF to fulfil their security missions.”
These aircraft will be operated and maintained by the 15th Strike Wing, the PAF’s end-user. In November 2017, a firm order of six A-29 Super Tucano light attack and advanced training aircraft for the Philippine Air Force (PAF) was made after a comprehensive public bidding process.
The A-29 Super Tucano is a durable, versatile and powerful turboprop aircraft capable of carrying out a wide range of missions, even operating from unimproved runways. To date, the Super Tucano was selected by 15 air forces worldwide.
Middle East Airlines (MEA) has taken delivery of Airbus’ A320 Family aircraft with manufacturer serial number 10,000. MSN10,000 is the third A321neo to join the all Airbus MEA fleet, taking the fleet size to 18 aircraft. MEA received its first A321neo aircraft earlier in 2020 and will be taking another six A321neos over the coming months.
The handover of the aircraft took place in Toulouse in the presence of Mohamad El-Hout, Chairman and Director General of MEA.
“We are honoured to receive the state of the art A321neo with its distinctive serial number 10,000 coinciding with the 75thanniversary of Middle East Airlines and specially after receiving MSN5,000 back in 2012. Since we first acquired an A320 Family aircraft in 2003, we have not only benefited from the outstanding operational efficiency of the aircraft but were also the first airline to introduce the wide-body cabin product on a single-aisle aircraft which has become a trend in the airline industry afterwards,” said MEA Chairman and Director General, Mohamad El Hout. “Unfortunately, due to the current situation in Lebanon, this time we will not be able to celebrate the delivery of the MSN10,000 in Beirut, as we did with the MSN5,000, but I am sure that in these challenging circumstances, it is a ray of light, hope and motivation to surpass our nation’s difficulties.”
“Airbus is proud to continue building its long-standing partnership with Middle East Airlines which already operates one of the most modern Airbus fleets in the world. As an all Airbus operator, MEA benefits from the Airbus’ unique fleet commonality between aircraft families and is now adding the third highly fuel-efficient A321neo to step up the game. I admire the agility and the resilience of this company in this complex environment,” said Christian Scherer, Airbus Chief Commercial Officer. “Delivering MSN10,000 is a milestone that demonstrates the success of the A320 Family and we thank our customers globally for their confidence in our products.”
MEA took on MSN5,000 in 2012, after 23 years of Airbus A320 Family production. The next 5,000 took just another eight years to mark this significant MSN10,000 milestone – again with MEA. This achievement is a testimony of the industrial advancement and capabilities by Airbus and the popularity of the latest, even more efficient NEO version of the aircraft.
The airline’s A321neo is powered by Pratt & Whitney’s PurePower PW1100G-JM geared turbofan engines and is configured in a comfortable two-class layout with 28 seats in Business and 132 seats in Economy Class. It is also equipped with the latest generation in-flight entertainment system and high-speed connectivity. Incorporating the latest engines, aerodynamic advances, and cabin innovations, the A321neo offers a reduction in fuel consumption of 20% as well as a 50% noise reduction.
