Rolls-Royce (OTC: RYCEY) announces the agreed sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189m, including the repayment of shareholder loans and accrued and deferred interest of approximately £47m, subject to any routine closing adjustments and before transaction costs. The transaction is expected to complete by the end of the first quarter of 2022, subject to regulatory approvals. There is no merger control condition. Proceeds will be used to reduce net debt. Remaining AirTanker shareholders have pre-emption rights over the Rolls-Royce shares and loan notes.
AirTanker Holdings Limited, a joint venture with Airbus, Babcock, and Thales, owns 14 A330-200 Voyager aircraft which are powered by Trent 772B engines, a derivative of the Trent 700 engine. The Voyager aircraft support air-to-air refuelling, air transport and ancillary services for the UK Ministry of Defence. This fleet is operated by AirTanker Services Limited, in which we will continue to be a 23.5% shareholder. We will also continue to provide servicing and maintenance for the fleet of Rolls-Royce engines that power the Voyager aircraft to support the Royal Air Force.
Alstom has successfully commissioned the first 7 Prima T8 AZ8A freight locomotives to Azerbaijan Railways (ADY). These locomotives will run on the main freight transit line, which has recently been converted from 3 kV DC to 25 kV AC.
The Prima T8 AZ8A locomotives will be running initially on the “Silk Road” East-West corridor of Azerbaijan linking the Caspian Sea main ports to the Georgian border and later all across the country.
In 2014, ADY signed a contract with Alstom for €288 million for supplying 50 electric locomotives, including 40 Prima T8 AZ8A heavy freight locomotives which are being produced at Alstom’s JV EKZ in Nur-Sultan, Kazakhstan and 10 Prima M4 AZ4A passenger locomotives which have been produced in Belfort, France and already delivered to Azerbaijan.
Alstom’s Prima T8 is one of the most powerful electric locomotives in the world. This model is a 25 tons per axle two-section freight locomotive capable of towing up to 9,000 tons and running at 120 km/h, with installed continuous power of 8.8 Megawatts. The Prima T8 AZ8A is designed to operate in temperatures ranging from -25°C to 50°C. It requires minimum maintenance and provides high reliability levels and low lifecycle costs thanks to its modular design.
Alstom’s Prima range is covering all market segments of locomotives from heavy-haul, freight and passenger operation and shunting or track work operation. Over the past 20 years, more than 3,200 Prima locomotives (more than 4,600 sections) have been sold worldwide.
Alstom is present in Western & Central Asia with more than 1,000 people, three country offices in Kazakhstan, Azerbaijan and Uzbekistan, five depots, repair center and two plants, EKZ in Nur-Sultan for electric locomotives manufacturing and maintenance and production of on-board transformers, and KEP in Almaty to produce point machines. Alstom is a major contributor to the revitalization of the region’s mobility industry and the development of its economy.
EKZ, a joint venture of Alstom, employs around 850 people and is working on supplying and maintaining the Prima electric locomotives ordered by KTZ, Kazakhstan’s national railway company and export markets, like Azerbaijan.
PHOENIX, March 02, 2021 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today announced it has entered into a conditional agreement with Gramercy Associates Ltd. based in London, England to develop a European based joint venture. The joint venture will apply for a new Air Operator’s Certificate (AOC) in the European Union using CRJ-900 aircraft with the goal of introducing a Capacity Purchase Agreement or ACMI (Aircraft, Crew, Maintenance, and Insurance) in passenger or cargo services in Europe. Gramercy Associates is headed by Tony Davis, former CEO of Tiger Airways and bmibaby.
Under the agreement, Mesa will own 49% of the partnership once the Air Operator’s Certificate is obtained. The current plan is to begin operations by the end of 2021.
Delta Air Lines (NYSE: DAL) andLATAM (Santiago: LTM.SN) have received final approval, without conditions, of their commercial agreement (“trans-American Joint Venture agreement” or “JVA”) by the Brazilian competition authority – the Administrative Council for Economic Defense – after initial approval was granted in September 2020. The JVA seeks to enhance the route networks served by both airlines, delivering a seamless travel experience between North and South America. The Delta-LATAM agreement has also been approved in Uruguay while the application process continues in other countries, including Chile.
“This final approval in Brazil furthers our mission to provide customers in this important market with the world-class travel experience and options they deserve,” said Delta CEO Ed Bastian. “Moving forward, we will continue working with LATAM to unlock more benefits for our customers and create the premier airline alliance of the Americas.”
LATAM Airlines Group CEO Roberto Alvo added, “This ruling reinforces the benefits of this type of agreement for travelers and enables us to advance in our commitment to delivering greater and better connectivity between South America and the world.”
The ratification by the Brazilian authority supports the work of both airlines to deliver a broader and more competitive network of benefits for their customers that will include, among others:
Code-share agreements between Delta and certain subsidiaries of the LATAM group, which allow the purchase of tickets to a larger network of destinations.
Members of the Delta SkyMiles and LATAM Pass programs can redeem points / miles on both airlines, accessing more than 435 destinations around the world.
Shared terminals and faster connections at Terminal 4 of New York’s John F. Kennedy International Airport (JFK) and at Terminal 3 of São Paulo’s Guarulhos Airport.
Reciprocal lounge access: Customers can access 35 Delta Sky Club lounges in the United States and five LATAM VIP lounges in South America.
Wednesday 24 February, 2021 – British Airways has today launched two new fare brands for its trade customers, which offer refundable options and enhanced flexibility. Select and Select Pro are both refundable fares, which will give customers the flexibility to cancel a flight and claim a full or partial refund should their travel plans change. There will also be no change fee payable for Select and Select Pro bookings.
The Select and Select Pro fares are available to book from today, exclusively for agents, via both the GDS or NDC. They will sit alongside the current Basic, Standard/Plus and Fully Flexible fares, and will enhance the suite of fare options available to suit the different budgets and flexibility needs of customers. In the UK, Select fares will be available on short-haul routes and long-haul routes, and Select Pro available on long-haul routes.*
The table below shows the differences between each available fare brand:
These new fare products will also be available to book through British Airways’ Atlantic Joint Business partners American Airlines, Iberia and Finnair.
Fares will cost from £50 extra on a short-haul return ticket and from £100 extra on a long-haul return ticket, compared with Standard/Plus fares. The refund fee for Select products is similar.**
British Airways’ book with confidence commitment for free changes or the ability to take a voucher will continue to apply to all Basic, Standard/Plus, Fully Flexible, Select and Select Pro bookings. As always, if a flight is cancelled the customer is entitled to a full refund.
More information for trade partners is available through the BA Travel Trade website. Partners can also contact their Account Manager.
New service from New York (JFK) to Latin America and the Caribbean begins in May
New domestic service from JFK and Boston (BOS) begins in June
American introduces international flights from New York (JFK) to three cities in Colombia and to Santiago, Chile (SCL); new weekend service to St. Lucia (UVF) and Turks and Caicos (PLS) will operate this summer.
American and JetBlue collectively introduce 33 new domestic and international routes for customers in New York and Boston beginning in June.
Almost 50 codeshare markets are available for purchase on aa.com for travel beginning Feb. 25.
FORT WORTH, Texas — American Airlines Group Inc. (NASDAQ: AAL) and JetBlue (NASDAQ: JBLU) are delivering on their promise to introduce better travel choices on routes to and from New York (JFK, LGA and EWR) and Boston (BOS), as they launch nearly 80 codeshare flights and enhanced schedules on key routes. American is also introducing 18 new routes beginning this summer, including six new routes from JFK to Latin America and the Caribbean. Codeshare flights are available for purchase today for travel starting Feb. 25, and American’s new summer flights from New York and Boston will be available for purchase Feb. 22.
“This is the first step to delivering the best customer proposition with the biggest network in New York and Boston,” said Vasu Raja, American’s Chief Revenue Officer. “In the months ahead, we’ll continue to create a seamless experience that’s easy for our customers, supports our communities and leads to more growth for our team.”
American and JetBlue announcedtheir Northeast Alliance in July, followed by the airlines’ intent to introduce key elements of the alliance after review by the Department of Transportation in January.
“Our alliance with American opens the door for JetBlue to successfully enter into new markets, introducing more choices and our award-winning service and low fares to more customers,” said Scott Laurence, head of revenue and planning, JetBlue. “The alliance is also essential to getting our planes back in the air profitably and crewmembers working again.”
New routes
The Northeast Alliance opens up new growth opportunities for both carriers by finding ways to better utilize existing gates and slots in congested Northeast airports while offering customers a seamless travel experience.
International Growth
On May 6, American will launch three new daily routes from JFK to Colombia – Cali (CLO), Bogota (BOG) and Medellin (MDE) – and will begin flying three times per week to Santiago, Chile (SCL) from JFK on a Boeing 777-200, until flights begin operating daily in November. Sun-seeking customers can also look forward to new Saturday service from JFK to the soothing waves in St. Lucia (UVF) and the beautiful beaches in Turks and Caicos (PLS) beginning on June 5, complementing JetBlue’s existing service..
Domestic Growth
This summer, American will also launch 12 new domestic routes, from New York (JFK and LGA) and Boston (BOS), including the following:
Origin
Destination
Season
BOS
Asheville, North Carolina (AVL)
June 5 – Nov. 6
BOS
Columbus, Ohio (CMH)
Aug. 17, year-round
BOS
Jackson Hole, Wyoming (JAC)
June 5 – Sept. 4
BOS
Traverse City, Michigan (TVC)
June 5 – Sept. 6
BOS
Wilmington, North Carolina (ILM)
June 5 – Aug. 14
JFK
Orange County, California (SNA)
June 2, year-round
LGA
Kansas City, Missouri (MCI)
Sept. 8, year-round
LGA
Key West, Florida (EYW)
June 5 – Sept. 4
LGA
Myrtle Beach, South Carolina (MYR)
June 3 – Sept. 7
LGA
Pensacola, Florida (PNS)
June 3 – Sept. 7
LGA
Rapid City, South Dakota (RAP)
June 5 – Sept. 4
LGA
Savannah, Georgia (SAV)
June 3 – Sept. 7
Also launching this summer is previously announced service from LGA to Glacier National Park in Kalispell, Montana, (FCA) and to TVC. As part of the codeshare with JetBlue, all new routes will be operated by American, but available for booking on aa.com or JetBlue.com.
Enhanced schedules in key markets
Customers will soon benefit from aligned schedules in key markets supported by the reciprocal codeshare. Beginning in April, American and JetBlue will offer more flights than any other carrier when they coordinate convenient schedules on the popular New York (JFK and EWR) to Los Angeles (LAX) route. Customers will have the most choices — 14 daily flights — between the two carriers and will have access to the state-of-the art Airbus A321T aircraft or JetBlue’s A321 aircraft featuring Mint. American and JetBlue will also provide enhanced schedules between the following markets:
Origin
Destination
BOS
Fort Lauderdale (FLL)
BOS
MIA
BOS
Washington, D.C. (DCA)
BOS
West Palm Beach (PBI)
LGA
BOS
LGA
DCA
New York (JFK and EWR)
Fort Lauderdale (FLL)
New York (JFK and EWR)
LAX
New York (JFK and EWR)
MIA
New York (JFK and EWR)
San Francisco (SFO)
New York (JFK and EWR)
West Palm Beach (PBI)
Codeshare flights begin next week
Codeshare on domestic flights are available for purchase today for flights beginning Feb. 25. American’s customers will have access to 49 codeshare routes on JetBlue, while JetBlue customers will have access to more than 25 routes on American. The airlines expect to begin codesharing sales on the new international routes soon.* As with all American-marketed codeshare flights, AAdvantage members will be able to earn miles.
KANSAS CITY, Mo.–(BUSINESS WIRE)– Kansas City Southern (NYSE: KSU) announced today that it has entered into a joint agreement with NorthPoint Development to develop the master planned Wylie Logistics Park in Wylie, Texas, located adjacent to KCS’ David L. Starling Wylie Intermodal Terminal.
The Wylie Logistics Park offers 2.4 million square feet of potential building capacity for traditional warehousing and distribution; industrial grade amenities; dual feed electrical system with redundant power; as well as a heavy-haul road network comprised of direct access to Highway 78 and the interstate system, air and seaports, and a state-of-the-art intermodal terminal.
“KCS is pleased to enter into this agreement with NorthPoint Development for the Wylie Logistics Park,” said KCS vice president chemical and energy products Ginger Adamiak, who also leads the company’s industrial development team. “Wylie is part of the Dallas metro area, the fourth fastest growing industrial market in the U.S., and Wylie offers a business-friendly environment, low taxes and a double free port exemption.”
“We are extremely bullish on the opportunities that the Wylie Logistics Park offers,” said NorthPoint Development president/founding partner Chad Meyer. “Wylie is a supportive, pro-business municipality partnering with a unique Class I intermodal facility that has the best direct connectivity to the growing east coast ports. Couple this with exceptional demographics from an eCommerce demand and the great labor pool that this development requires and you have all of the ingredients for a very successful project.”
KCS’ Wylie Intermodal Terminal opened in 2015 and expanded in 2018. It now offers track capacity of 19,000 feet and annual lift capacity of 342,000, resulting in fluid and efficient availability of containers and improved on-time arrivals and departures. The terminal also boasts 1,800-wheeled parking spaces (with room to expand); 300 container stack spots; an Automated Gate System (AGS) with high definition imagery; optical character recognition and biometric driver identification; enhanced traffic signals and specific turn lanes.
“The Wylie Logistics Park is ideal for customers looking to combine logistics and real estate in one location,” said KCS vice president intermodal and automotive Rodrigo Flores. “Locating in the park will provide tenants and customers significant cost savings by reducing drayage from ramp to facility and providing quick access to the regional interstate network. Customers will also enjoy the environmental benefits of intermodal transportation and connectivity to other intermodal and port facilities on KCS’ U.S. and Mexico rail network.”
Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, today confirmed that Athens will be its inaugural destination, with flights from Abu Dhabi International Airport starting on 15 January 2021. Fares start as low as AED 129*, with tickets already on sale on wizzair.com (which also has an Arabic booking website) and the airline’s mobile app.
The airline is also to start flights from Abu Dhabi to Thessaloniki, starting on 4 February 2021 with fares starting at AED 149*.
Kees Van Schaick, Managing Director of Wizz Air Abu Dhabi, said: “The waiting is almost over for Abu Dhabi fans of our ultra-low fare airline. From 15 January 2021, a new model of air travel comes to Abu Dhabi, offering new choices and new competition, demonstrating that things are looking up for next year.
Our network from Abu Dhabi will expand rapidly as destinations on our planned network are added to the ‘green countries’ list. Thanks to the support of the government and our local business partners in Abu Dhabi, we are fully prepared. We have the aircraft, we have the crew, we have the partners, and we are ready to fly.
We look forward to building a new travel segment in this important market.”
Wizz Air Abu Dhabi is a joint venture established between ADQ and Wizz Air Holdings plc.
It initially announced a route network that also includes Alexandria, Kutaisi, Larnaca, Odesa and Yerevan. Flights to these cities will launch as each destination joins the ‘green countries’ list. Further destinations will be launched as the airline adds to its Abu Dhabi-based fleet over the coming months.
With a fleet composed of brand new Airbus A321neo aircraft, the airline will have the lowest environmental footprint among its competitors in the region.
Wizz Air introduced a new era of sanitized travel across its network this year, with enhanced hygiene measures to ensure the health and safety of passengers and crew. Throughout flights, both cabin crew and passengers are required to wear facemasks, with cabin crew also required to wear gloves. Wizz Air’s aircraft are regularly put through an industry-leading disinfection process with an antiviral solution and, following WIZZ’s stringent daily cleaning schedule, all of the airline’s aircraft are further disinfected overnight with the same antiviral solution. Sanitizing wipes are handed to each passenger upon entering the aircraft, onboard magazines have been removed from the aircraft, and any onboard purchases are encouraged to be made by contactless payment. Passengers are also requested to follow physical distancing measures introduced by the local health authorities and are encouraged to make all purchases prior to the flight online (e.g. checked in luggage, WIZZ Priority, fast security track), to minimize any possible physical contact at the airport. Click here to view Wizz Air’s new health and safety video, for more information.
Confirmed routes
Days
Start date
Fares from*
Abu Dhabi – Athens
Monday, Friday
15 January 2021
AED 129
Abu Dhabi – Thessaloniki
Thursday, Sunday
4 February 2021
AED 149
*One way price, including administration fee. One carry-on bag (max: 40x30x20cm) is included. Trolley bag and each piece of checked-in baggage is subject to additional fees. The price applies only to bookings made on wizzair.com and the WIZZ mobile app.
Qantas and Japan Airlines (JAL) today announced plans to form a new joint business, designed to better serve customers travelling between Australia, New Zealand and Japan and support the tourism industry’s recovery when international flying resumes.
The airlines have submitted an application for authorisation to regulators in Australia and New Zealand, with a decision expected within six months. Subject to this regulatory approval, it is anticipated that the joint business would commence operations around July 2021, when Qantas has said it expects its international network to gradually restart.
The coordination made possible through a joint business would enable Qantas and JAL to ramp up flights between Australia and Japan sooner than would otherwise be possible. The airlines have flagged an intention to launch a new route between Australia and Japan and expect to announce details once regulatory approval is received, borders open and demand returns.
Under the proposed five-year agreement, the airlines would deliver substantial benefits for customers and help accelerate the recovery of the tourism, trade and corporate travel links between Australia and Japan, including:
An expanded codeshare relationship and optimised schedules on flights between Australia and New Zealand and Japan, opening up more connections to more destinations beyond the major city gateways. Qantas customers would have access to 14 new codeshare destinations in Japan and JAL customers would have access to 15 new codeshare destinations in Australia and New Zealand.
Enhanced frequent flyer benefits for Qantas and JAL customers, including improved earn of Qantas points or JAL miles on routes under the joint business beyond what is possible today, as well as the ability to upgrade using points or miles on each other’s services.
Improvements in the customer experience, including streamlined processes for disruption management and investments in product and service inflight and on the ground, designed to better serve the carriers’ joint customers.
More premium travel opportunities, with Qantas able to offer customers a greater number of Business and Premium Economy seats on flights operated by JAL.
Coordination of pricing, schedules, sales and tourism marketing to develop new and improved travel products, delivering more choice for customers.
Qantas Group CEO Alan Joyce said the joint business would play a vital role in reviving trade links with the world’s third largest economy and deliver significant benefits for customers travelling between Australia and Japan.
“Around half a million people visited Australia from Japan in 2019. We want to see that tourism resume and grow even further by making it easier for Japanese travellers to visit,” said Mr Joyce.
“The joint business means we’ll be able to build on our existing relationship with JAL through oneworld to offer more routes, better flight connections and more benefits to frequent flyers. It also helps us diversify our portfolio of joint businesses amongst Australia’s key trading partners.
“It will be a win for our customers, a win for trade and a win for the one million people who work in tourism across Australia.”
Japan Airlines President Yuji Akasaka added: “For over 50 years, JAL and Qantas have operated flights between Japan and Australia, demonstrating our mutual commitment to support and strengthen the diplomatic relationship built by the two countries.
“We believe that a joint business with Qantas will make for a quicker recovery between both countries with the ability to expand connectivity within each carrier’s respective domestic network, providing more customer choice and travel growth opportunities.”
Embraer and EDP, a company that operates in all segments of the Brazilian energy sector, have signed a partnership for electric aircraft research. Through its EDP Smart division, the Portuguese-based multinational announced a financial contribution for the acquisition of energy storage and battery charging technologies for Embraer’s all-electric demonstrator aircraft project, utilizing the EMB-203 Ipanema as its test bed. The prototype, which is already in development, is scheduled to complete its inaugural flight in 2021.
The investment is part of the cooperation agreement signed by both companies to advance their shared knowledge of energy storage and battery charging technologies for aviation – one of the main challenges of the project. The partnership aims to investigate the applicability of high voltage batteries for the electric propulsion systems of small aircraft, in addition to evaluating the main operating characteristics, such as weight, efficiency and power quality, thermal control and management, cycling loading and unloading, and operational safety.
EDP Headquarters in Portugal
Technological Cooperation
This proposal for the technological development of aeronautical electrification was initially created as a cooperation between Embraer and WEG, in May 2019. The project was developed as an effective and efficient instrument for training and for the maturation of technologies prior to their application in future products.
The scope of the partnership with EDP is to develop shared research in the storage of high voltage energy, complementing Embraer’s ongoing research. These research and development initiatives seek to accelerate the combined knowledge of the technologies necessary for the use and integration of batteries and electric motors in order to increase the energy efficiency of the propulsion systems of aircraft.
For the evaluations, a small single-engine aircraft is being used as the test bed to perform a primary assessment of electrification technologies. Ground tests have taken place at Embraer’s facilities in Botucatu, in the interior of São Paulo, in preparation for the first flight, which will take place at Embraer’s Gavião Peixoto unit.
Electrification is just one project in a series of initiatives being developed by Embraer and the entire aeronautical industry aimed at ensuring a commitment to environmental sustainability, as already exemplified by biofuel developments to reduce carbon emissions.
EDP has a global commitment to electrify 100% of its fleet by 2030, as well as to develop new offers and commercial solutions that promote the energy transition. Last year, during Aneel’s Public Call on the topic of Efficient Electric Mobility, the Company approved an investment of about R$ 50 million in projects, via a Research and Development Fund consisting of both corporate and partner resources.
