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Rolls-Royce Announces Funding Secured for Small Modular Reactors

November 8, 2021 / WIL BALDWIN

Rolls-Royce (LSE: RR.L) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology.

Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a period of around three years. The funding will enable the business to secure grant funding of £210 million from UK Research and Innovation funding, first announced by the UK Prime Minister in ‘The Ten Point Plan for a Green Industrial Revolution’. Today’s announcement is another step towards the delivery of the Government’s net zero strategy and its 10-point plan.

The business, which will continue to seek further investment, will now proceed rapidly with a range of parallel delivery activities, including entry to the UK Generic Design Assessment (GDA) process and identifying sites for the factories which will manufacture the modules that enable on-site assembly of the power plants. Discussions will also continue with the UK Government on identifying the delivery models that will enable long-term investment in this vital, net-zero enabling technology. Rolls-Royce SMR is engaging with export customers across many continents who need this technology to meet their own net zero commitments.

Rolls-Royce SMR is using proven nuclear technology, coupled with a unique factory-made module manufacturing and on-site assembly system, to harness decades of British engineering, design and manufacturing knowhow. It brings together the best of UK industry to ensure a decarbonisation solution that will be available to the UK grid in the early 2030s. The potential for this to be a leading global export for the UK is unprecedented.

Nine-tenths of an individual Rolls-Royce SMR power plant will be built or assembled in factory conditions and around 80% could be delivered by a UK supply chain – a unique offering in energy infrastructure in the UK. Much of the venture’s investment is expected to be focused in the North of the UK, where there is significant existing nuclear expertise

A single Rolls-Royce SMR power station will occupy the footprint of two football pitches and power approximately one million homes. It can support both on-grid electricity and a range of off-grid clean energy solutions, enabling the decarbonisation of industrial processes and the production of clean fuels, such as sustainable aviation fuels (SAF) and green hydrogen, to support the energy transition in the wider heat and transportation sectors.

Air Transport Services Group Selects Boeing for Next Converted Freighter Order

November 3, 2021 / WIL BALDWIN

SEATTLE, Nov. 3, 2021 — Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of 767-300 converted freighters, has contracted with Boeing [NYSE: BA] for the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCF).

“Our continued confidence in the 767-300 platform, now coupled with the services and support of the OEM, reinforces our commitment to deliver best-in-class reliable services to our customers,” said Mike Berger, chief commercial officer of ATSG. “We’re proud to partner with Boeing as we expand our fleet to meet growing demand and look forward to future growth together.”

The 767-300BCF now has more than 100 orders and commitments from customers around the globe, providing widebody converted freighter capability to meet growing market demand, and building on a record year for customer orders of Boeing’s family of freighters.

“We are honored that ATSG has decided to make the 767-300BCF an integral part of their fleet expansion strategy, supporting customers looking to capitalize on strong e-commerce demand,” said Jens Steinhagen, director of Boeing Converted Freighters. “As the OEM, Boeing has the original design data, robust supply chains, and dependable delivery schedules that benefit BCF customers such as ATSG. With that OEM advantage, we stand ready to meet ATSG’s needs by bringing forward market-leading 767-300BCFs into its fleet.”

ATSG is a global leader in cargo leasing, operating a fleet of 106 Boeing aircraft, including more than ninety 767 converted freighters.

Boeing has more than 40 years of successful experience in passenger-to-freighter conversions, relying on original design data and a deep understanding of the needs of the air cargo industry to deliver a superior, integrated product, including fully integrated manuals and world-class technical support. Boeing Converted Freighters also come with the advantage of being associated with the industry’s largest portfolio of services, support and solutions. Learn more about the 767-300BCF and the entire Boeing freighter family here.

Virgin Australia Resumes Service Between Hobart and Perth

October 30, 2021 / WIL BALDWIN

Virgin Australia continues to expand its domestic network in time for summer, with the airline today kicking off its services between Hobart and Perth.

Flights between the two cities will operate three times per week, allowing for up to 4,200 passengers to travel each month.

The news follows last week’s commencement of services between Hobart and Adelaide which is now operating four times per week and allowing up to 5,600 additional passengers to fly each month.

Virgin Australia experienced a 90 per cent increase in Tasmanian bookings compared to the previous week after the announcement of new services to the Apple Isle and the Tasmanian Government’s release of a recovery roadmap.

Since September Virgin Australia has added 12 additional domestic routes to its network and is scheduled to resume flights to Fiji in December, followed by Bali and New Zealand from early next year.

Re-introduced services

ROUTE	FREQUENCY	SEATS PER MONTH	COMMENCEMENT DATE
Hobart – Perth / Perth – Hobart (Seasonal service only)	3 services per week(Monday, Friday, Sunday)	4,200	29 October 2021

New services

ROUTE	FREQUENCY	SEATS PER MONTH	COMMENCEMENT DATE
Hobart – Adelaide / Adelaide – Hobart	4 services per week(Monday, Wednesday, Friday, Sunday)	5,600	20 October 2021

Airbus Reveals the Next Generation of CityAirbus

September 21, 2021 / WIL BALDWIN

Toulouse, France 21 September 2021 – Airbus (OTC: EADSY) has announced plans for a new CityAirbus at the Company’s first #AirbusSummit on “Pioneering Sustainable Aerospace” as the emerging Urban Air Mobility (UAM) market begins firming up. Ushering in the next generation of CityAirbus, the fully electric vehicle is equipped with fixed wings, a V-shaped tail, and eight electrically powered propellers as part of its uniquely designed distributed propulsion system. It is designed to carry up to four passengers in a zero emissions flight in multiple applications.

CityAirbus is being developed to fly with a 80 km range and to reach a cruise speed of 120 km/h, making it perfectly suited for operations in major cities for a variety of missions.

Sound levels are a key factor for an urban mission; Airbus’ extensive expertise in noise-friendly designs is driving CityAirbus’ sound levels below 65 dB(A) during fly-over and below 70 dB(A) during landing. It is optimized for hover and cruise efficiency, while not requiring moving surfaces or tilting parts during transition. The CityAirbus NextGen meets the highest certification standards (EASA SC-VTOL Enhanced Category). Designed with simplicity in mind, CityAirbus NextGen will offer best-in-class economic performance in operations and support.

Airbus is benefitting from years of dedicated research, innovation, two electric Vertical Takeoff and Landing (eVTOL) demonstrators, and development on sound technology across its portfolio of products, as well as decades of experience in certifying aircraft. The Vahana and CityAirbus demonstrators have jointly conducted 242 flight and ground tests and have flown around 1,000 km in total. Furthermore, Airbus has used extensive subscale flight testing and wind tunnel campaigns and has leveraged its computing and modelling power. CityAirbus NextGen is in a detailed design phase right now and the prototype’s first flight is planned for 2023.

Beyond the vehicle, Airbus is working with partners, cities, and city inhabitants in order to create the ecosystem that is essential to enabling this new operating environment to emerge in a true service to society.

Air to Air photo_F-15QA FAM Flights, MidAmerica St. Louis Airport (BLV), Mascoutah, IL. His Excellency Dr. Khalid bin Mohammed Al Attiyah, Qatar Minister of State for Defense Affairs.

Boeing Unveils F-15 Qatar Advanced Jets

August 25, 2021 / WIL BALDWIN

ST. LOUIS, Aug. 25, 2021 – Boeing [NYSE: BA], in collaboration with the U.S. Air Force and Qatar Emiri Air Force (QEAF), celebrated the naming and rollout of Qatar’s advanced F-15, the F-15QA.

The first set of F-15QA jets will ferry to Qatar later this year following the completion of pre-delivery pilot training.

Boeing has been providing maintenance and logistics support for the QEAF during pre-delivery pilot training, which began earlier this year. In addition, Boeing will establish and operate an aircrew and maintenance training center for the QEAF at Al Udeid Air Base in Qatar through 2024 while also providing in-country spares and logistics support once aircraft are delivered.

Collins Enhanced Vision Sensor Selected for Airbus Family of Aircraft

August 11, 2021 / WIL BALDWIN

Collins Aerospace’s next-generation Enhanced Vision Sensor has been selected to be integrated into Airbus’ Enhanced Flight Vision System (EFVS). EFVS will become a selectable option on Airbus commercial aircraft, expanding approach capability and increasing flight situational awareness during reduced visibility conditions. The EFVS option, with the Collins EVS sensor, will be offered first on the A320 aircraft, with the intention to offer this solution on other platforms in the future.

The EFVS will use input from the Collins Aerospace sensor, mounted on the nose of the aircraft, to create an augmented reality view of the outside world. The sensor uses multiple infrared and visible light cameras to “see through” poor visibility conditions better than the human eye. When the pilots view this camera video on head-up displays, it allows them to better identify the runway environment in all weather conditions — helping pilots overcome many flight disruptions often created by fog or precipitation. In addition, because the technology enables pilots to reduce delays on the runway and in the air, it actively reduces the amount of carbon emissions created by the aircraft.

In addition, EFVS will also ease instrument to visual transition and provide enhanced situational awareness, in particular for “night Visual Meteorological Conditions (VMC)” conditions, and/or terrain, as well as lateral alignment on the runway, traffic and runway surface identification.

The next-generation EVS sensor will also be available for retrofit on existing in-service Airbus aircraft.

United Adds 270 Boeing and Airbus Aircraft, Largest Order in Airline’s History

June 30, 2021 / WIL BALDWIN

CHICAGO, PRNewswire – United Airlines (Nasdaq: UAL) has announced the purchase of 270 new Boeing and Airbus aircraft – the largest combined order in the airline’s history and the biggest by an individual carrier in the last decade. The ‘United Next’ plan will have a transformational effect on the customer experience and is expected to increase the total number of available seats per domestic departure by almost 30%.

When combined with the current order book, United expects to introduce more than 500 new, narrow-body aircraft: 40 in 2022, 138 in 2023 and as many as 350 in 2024 and beyond. That means in 2023 alone, United’s fleet will, on average, add about one new narrow-body aircraft every three days.

United’s new aircraft order – 50 737 MAX 8’s, 150 737 MAX 10’s and 70 A321neo’s – will come with a new signature interior that includes seat-back entertainment in every seat, larger overhead bins for every passenger’s carry-on bag and the industry’s fastest available in-flight WiFi, as well as a bright look-and-feel with LED lighting. The airline expects to fly the first 737 MAX 8 with the signature interior this summer and to begin flying the 737 MAX 10 and the Airbus A321neo in early 2023.

What’s more, United intends to upgrade 100% of its mainline, narrow-body fleet to these standards by 2025, an extraordinary retrofit project that, when combined with the number of new aircraft joining the fleet, means United will deliver its state-of-the-art inflight experience to tens of millions of customers at an unprecedented pace.

This order will also significantly boost United’s total number of mainline daily departures and available seats across the airline’s North American network, as well as the number of premium seats, both United First^SMand Economy Plus®. Specifically, United expects it will have on average 53 premium seats per North American departure by 2026, an increase of about 75% over 2019, and more than any competitor in North America.

Plus, adding these new 737 MAX and Airbus A321neo aircraft means United will replace older, smaller mainline jets and at least 200 single-class regional jets with larger aircraft, which the airline expects will lead to significant sustainability benefits compared to older planes: an expected 11% overall improvement in fuel efficiency and an expected 17-20% lower carbon emission per seat compared to older planes.

Boeing Nets $1.7B Contract for P-8A Poseidon Submarine Hunters

March 31, 2021 / WIL BALDWIN

ARLINGTON, Virginia, March 31, 2021 — The U.S. Navy today awarded Boeing [NYSE: BA] a $1.6 billion production contract for the next 11 P-8A Poseidon aircraft. Nine aircraft will join the U.S. Navy fleet and two will go to the Royal Australian Air Force (RAAF), a cooperative partner in the P-8A joint program since 2009. The contract brings the total number of U.S. Navy P-8A aircraft under contract to 128 and the RAAF total to 14.

The P-8A is a long-range anti-submarine and anti-surface warfare aircraft used by the U.S Navy. It’s vital for intelligence gathering, surveillance reconnaissance and search and rescue. Deployed around the world, with 103 aircraft in service and more than 300,000 flight-hours, the P-8’s performance and reliability delivers confidence to customers operating in an uncertain world.

The P-8 is militarized with maritime weapons, a modern open mission system architecture and commercial-like support for affordability. It’s the principal aircraft with the ability to detect and track submarines. The aircraft is modified to include a bomb bay and pylons for weapons. It has two weapons stations on each wing and can carry 129 sonobuoys. The aircraft is also fitted with an in-flight refueling system.

A military derivative of the Boeing 737 Next-Generation airplane, the P-8 combines the most advanced weapon system in the world with the cost advantages of the most popular airliner on the planet. The P-8 shares 86% commonality with the commercial 737NG, providing enormous supply chain economies of scale in production and support.

The P-8 has two variants: The P-8I, flown by the Indian Navy, and the P-8A Poseidon, flown by the U.S. Navy, the Royal Australian Air Force and the United Kingdom’s Royal Air Force. The RAAF has acquired the Boeing aircraft through the Foreign Military Sales process and will receive a variant designed and produced for the U.S. Navy called the P-8A Poseidon.

American Airlines Hits Milestones in Los Angeles Airport Construction Project

March 9, 2021 / WIL BALDWIN

FORT WORTH, Texas ― American Airlines (Nasdaq: AAL) is on a journey of building a terminal for tomorrow, a substantial multi-year commitment to modernize our hub at Los Angeles International Airport (LAX) and improve the customer experience at LAX’s two busiest domestic terminals to make traveling as easy as possible.

The airline, which will celebrate 75 years of service to Los Angeles later this year, recently celebrated a significant milestone in its construction journey at LAX, in which team members signed their names onto a piece of history that will prominently live atop of the Terminal 4 and 5 CORE. The CORE is the primary, centralized structure that connects the terminal areas with the screening checkpoint, ticketing and baggage claim areas, as well as the Automated People Mover (ATM) train system, curbside and parking areas.

In a topping out ceremony, team members and leaders from American were joined by executives from Los Angeles World Airports (LAWA) to celebrate the final steel beam being raised into place and secured by its construction partners.

Despite the challenges presented by the COVID-19 pandemic, American has continued operating in both Terminals 4 and 5 alongside its construction partners, who have worked hard to ensure an on-time completion in October 2022.

The new state-of-the-art facility will have more efficient check-in and security screenings to reduce wait times, lessened roadway congestion with the new ATM and include increased seating and power outlets at the gates. The new departure halls will be spacious, and modern signage will make it easier for travelers to comfortably navigate the airport.

Some of the benefits and features of the redesigned terminal experience include:

Fully upgraded and modernized Terminal 4.
Unified 300,000-plus square-foot, 28-gate complex for Terminals 4 and 5.
A spacious new departure hall that allows direct natural sunlight throughout the building to reduce energy consumption.
Reconfigured ticket counter and check-in areas to reduce wait times before security screening.
Seamless access from check-in area directly to security screening areas.
16 lanes for security screening with automated technology.
Transparent design with modern signage to intuitively guide passengers to their gates.
Modern, state-of-the-art finishes and restroom facilities.
Upgraded amenities at gate areas, including more access to power outlets and world-class dining and retail options.

BAE Systems to Deliver First Zero Emission Public Buses in Vancouver, Canada

March 6, 2021 / WIL BALDWIN

Fifteen public buses in Vancouver, Canada, will be fitted with BAE Systems’ (London: BA.L) all-electric propulsion system, allowing them to run free of emissions. The fleet is the first in North America to benefit from the next-generation Series-EV zero emission technology.

Series-EV eliminates the need for traditional combustion engines through the use of electric motors, controls, and batteries, creating a clean and efficient mode of transportation. The latest version of BAE Systems’ technology uses fewer, lighter, and more compact components. Its light weight, reduced number of connections, and use of advanced materials make it easy to install and extremely efficient, enabling the buses to travel longer distances on a single charge.

“The deployment of clean transportation in our cities is critical to reach a zero emission future,” said Steve Trichka, vice president and general manager of Power & Propulsion Solutions at BAE Systems. “Our Series-EV system will help Vancouver take a major step towards full electrification of its bus fleet, and will help to improve air quality throughout the city.”

BAE Systems’ Series-EV system builds on more than 25 years of innovation and proven technology that powers buses around the world. The company’s all-electric systems are on buses in service throughout Europe, including cities such as London and Paris.

BAE Systems has more than 13,000 propulsion systems in service on transit buses around the globe. Each year those systems contribute to a cleaner world by saving more than 28 million gallons of fuel and eliminating 313,000 tons of carbon dioxide each year across the globe – the equivalent of taking 54,000 cars off the road or planting four million trees.

BAE Systems develops and services its technology at its facilities in Endicott, New York, and Rochester, UK.

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