Volvo Cars (OTC: VLVLY) today reports a 39 per cent increase in operating profits, excluding joint ventures and associates, to SEK 6.4 bn and a corresponding EBIT margin of 6.3 per cent for the second quarter of 2023. The result came despite a SEK 0.9 bn, non-recurring item related to the redundancy programme announced in May, part of securing a more efficient and sustainable cost base for the future. Without this item, the underlying EBIT margin, excluding joint ventures and associates, was 7.2 per cent in the second quarter. This illustrates that the solid underlying performance momentum from the first three months of the year continued during this past quarter.
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Praia, Cape Verde, July 20, 2023 – Boeing [NYSE: BA] and Cabo Verde Airlines today celebrated the delivery of the airline’s first fuel-efficient 737 MAX jet with a special event at its home base with officials and employees. As part of its new “take-off” rebranding, the airline’s 737-8 will reconnect the Cape Verdean diaspora and boost tourism for the island nation from Africa, Europe, North America and South America.
Cabo Verde Airlines connects four continents with non-stop flights from its hubs in Praia and Sal. The 737-8 is part of the airline’s new “take-off” relaunch strategy. It aims to renew its fleet and expand its network to previously operated routes following the pandemic.
The 737 MAX airplane family delivers enhanced efficiency, improved environmental performance and increased passenger comfort to the single-aisle market. Powered by CFM International LEAP-1B engines and advanced technology winglets, the 737 MAX reduces fuel use and emissions by 20% compared to airplanes it replaces.
Wichita, Kansas (BUSINESS WIRE) – Textron Aviation (NYSE: TXT) announced today significant enhancements to its iconic Cessna high-wing piston aircraft lineup including the Cessna Skyhawk, Cessna Skylane, Cessna Turbo Skylane and Cessna Turbo Stationair HD. Coming in 2024, customers will enjoy a range of new high tech standard features and sleek interior design options including modern and comfortable seating, updated instrument panels and new exterior paint styles.
The first change that customers will notice is an enhanced level of comfort and functionality throughout the aircraft. With new power headset jacks and charging ports at every seat (USB A and C device compatibility), upgraded seats with additional support and padding, and a brand-new center armrest for the Cessna Skylane, Turbo Skylane, and Turbo Stationair HD models, customers will experience a whole new level of excellence in flight.
The lineup also offers exceptional style with top-notch performance. From the sleek black instrument panel to the new side panels, window locks and air vents, the aircraft is designed to make the flying experience even more exciting. Owners can select from a variety of modern standard paint schemes to customize their aircraft and make it their own. With decades of impressive performance, powerful capability and low operating costs, the Cessna piston lineup is the perfect choice for aviators — whether they’re taking their first solo flight or charting their next big adventure.
Customers and fans can experience the new interior for the first time when the company debuts the design in a Cessna Skyhawk at the upcoming 2023 Experimental Aircraft Association AirVenture in Oshkosh, Wisconsin.
Over a 24-hour period, PHASA-35 soared to more than 66,000 feet, reaching the stratosphere, before landing successfully. The trial, completed last month in New Mexico in the USA, allowed engineers to assess the performance of the experimental solar-electric drone within the outer-reaches of the planet’s atmosphere.
The flight marks a significant milestone in PHASA-35’s development which began in 2018. Designed by BAE Systems’ (OTC: BAESY) subsidiary Prismatic Ltd to operate above the weather and conventional air traffic, it has the potential to provide a persistent and stable platform for various uses including ultra-long endurance intelligence, surveillance and reconnaissance, as well as security.
It also has the potential to be used in the delivery of communications networks including 4G and 5G and could be used in a wide range of applications, such as disaster relief and border protection, as an alternative to traditional airborne and satellite systems.
The PHASA-35 programme sits within FalconWorks™, a new centre for advanced and agile research and development within BAE Systems’ Air sector, designed to deliver a range of cutting-edge combat air capabilities to the UK and its allies.
PHASA-35, which has a 35-metre wingspan and carries a 15kg payload, uses a range of world-leading technologies including advanced composites, energy management, solar electric cells and photo-voltaic arrays to provide energy during the day which is stored in rechargeable cells to maintain flight overnight.
The successful trial assessed the performance of the experimental system across a range of areas. It is the first in a series of trials planned to confirm system performance, support development activities and validate test points to enable PHASA-35 to be made available in defence and commercial markets internationally.
The latest trials took place from Spaceport America in New Mexico, flying in the White Sands Missile Range, and are sponsored by the US Army Space and Missile Defense Command Technical Center. This test flight at White Sands Missile Range was coordinated and directly supported by personnel attached to Naval Surface Warfare Center, Port Hueneme Division, Detachment White Sands.
Olathe, Kansas, July 12, 2023 – PR Newswire – Garmin (NYSE: GRMN), the world’s most innovative and recognized marine electronics manufacturer, announced today that Sportsman Boats will install Fusion®Entertainment marine audio packages as the standard-fit for its full line of offshore center consoles and inshore bay boats beginning model year 2024. In addition to Garmin marine electronics, Sportsman will exclusively offer Fusion audio packages that include stereos, speakers, subwoofers and amplifiers on each of the 16 models across its Open, Heritage and Masters series.
Equipped with a full suite of Garmin electronics and audio packages that include Fusion RA670 and RA770 stereos, XS and Signature Series 3i speakers, and high-powered Apollo™ amplifiers, Sportsman customers will benefit from the exclusive advantage of Fusion-Link™ entertainment control onboard their boats. The free Fusion-Link app for compatible Apple and Android devices allows users to control sound volume, song choice, source selection and more through the custom Sportsman “SportTuun” profile at the touch of a button in and around their boat. Beyond seamless integration, Fusion audio products are engineered and tested with Fusion True-Marine™ design and durability standards to ensure they can withstand any condition while maintaining a sleek design and stunning sound performance.
Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most innovative, highest quality, and easiest to use marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For the eighth consecutive year, Garmin was recently named the Manufacturer of the Year by the National Marine Electronics Association (NMEA).
São José dos Campos, Brazil, February 15, 2022 – American Airlines has signed a firm order with Embraer (NYSE: ERJ) for three new E175s. The aircraft will be operated by American’s wholly owned subsidiary, Envoy Air. With deliveries to be completed this year, Envoy’s fleet of E175s will grow to over 100 aircraft by the end of 2022. The contract value is USD 160.2 million at current list prices and will be included in Embraer’s 2021 fourth quarter backlog.
“Reaching the century mark of 100 E175s with American Airlines and Envoy is truly a moment to savor. We thank American Airlines and Envoy for their sustained partnership with Embraer, which began back in 1998,” said Mark Neely, Vice President Sales and Marketing for The Americas, Embraer Commercial Aviation. “It’s hard to exaggerate the impact this hardworking aircraft has every day, delivering essential connectivity across the US market. The E175 is the backbone of the US regional network, with over 600 aircraft sold, and 86% market share since 2013.”
“Our incredible journey with Embraer began almost 25 years ago with the ERJ 145. Our partnership continues to grow today with the E175s, the core of our fleet. Not only are our customers happy with the aircraft, but the jet’s outstanding performance has allowed us to continue to provide excellent service to American Airlines,” said Pedro Fábregas, President & CEO of Envoy. “We look forward to receiving these three new aircraft later this year as we continue to expand our growing network.”
Boeing (NYSE: BA) announced today at the Singapore Airshow that All Nippon Airways (ANA) has signed an extension for Boeing’s Maintenance Performance Toolbox for another five years. The Japanese carrier has used the Boeing digital solution the past eight years to manage maintenance information for its entire fleet of aircraft and engines.
Maintenance Performance Toolbox allows operators to simplify their maintenance operations by enabling them to manage, distribute, process and view intelligent maintenance documentation in a uniform digital format through a single interface, regardless of aircraft manufacturer or engine type.
Today, nearly 350 airplane operators and their MRO providers rely on Maintenance Performance Toolbox to support their engineering and maintenance operations. ANA and other airlines have deployed its full-fleet capabilities on maintaining their Boeing and non-Boeing aircraft.
Boeing is also partnering with AIRDO, an affiliate of ANA, to provide cabin modification services for 767 airplanes in its fleet. As part of the agreement, Boeing will execute the design engineering, certification and supply of parts required for completion.
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 and living the company’s core values of safety, quality and integrity.
Thursday 16 December 2021 – Virgin Australia has restarted international flights, today operating the first of the airline’s daily Fiji services since being relaunched 12 months ago. The inaugural flight, departing Sydney International Airport, was sent off in spectacular style, with Virgin Australia CEO, Jayne Hrdlicka marking the occasion with a departure gate launch party to remember.
Passengers were treated to branded coconuts, free beach tote bags by Australian resort-wear brand Double Rainbouu, tropical Boost juices, and a performance by Fijian-Australian and 2022 Eurovision contestant, Paulini Curuenavuli, who sang a rendition of Madonna’s ‘Like A Virgin’ before a traditional Fijian song.
For the final departing gift, CEO Jayne Hrdlicka announced that all passengers would each receive a free Economy return flight anywhere on the Virgin Australia domestic network, as a thank you for their support and loyalty.
o celebrate the return of Virgin Australia international flights, Virgin Australia has dropped a 48-hour snap Fiji sale with return Economy fares available from as low as $369* between Melbourne and Fiji. Sale fares are now available to book at virginaustralia.com until midnight this Friday 17 December 2021, or until sold out.
Toulouse, France, 1st December 2021 – ITA Airways, Italy’s new national carrier, has firmed up an order with Airbus (OTC: EADSY) for 28 aircraft, including seven A220’s, 11 A320neo’s, and 10 A330neo’s, the latest version of the most popular A330 widebody airliner. The order confirms the Memorandum of Understanding announced on 30th September 2021. In addition, the airline will pursue its plans to lease A350s to complement its fleet modernization.
These new Airbus aircraft will expand the initial ITA Airways fleet with a new generation aircraft with better environmental performance, equipped with latest technologies and state-of-the-art cabins to guarantee maximum operational efficiencies for the airline and the best comfort to travelers.
The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation geared turbofan engines. With a range of up to 3,450 nm (6,390 km), the A220 gives airlines added operational flexibility. The A220 delivers up to 25% lower fuel burn and CO2 emissions per seat compared to previous generation aircraft, and 50% lower NOx emissions than industry standards. In addition, the aircraft noise footprint is reduced by 50% compared to previous generation aircraft – making the A220 a good neighbour around airports.
The Airbus A330neo is a true new-generation aircraft, building on features popular for the A330 Family and developed for the latest technology A350. Equipped with a compelling Airspace cabin, the A330neo offers a unique passenger experience with the latest-generation in-flight entertainment systems and connectivity. Powered by the latest Rolls-Royce Trent 7000 engines, and featuring a new wing with increased span and A350-inspired winglets, the A330neo also provides an unprecedented level of efficiency – with 25% lower fuel-burn per seat than previous-generation competitors. Thanks to its tailored mid-sized capacity and its excellent range versatility, the A330neo is considered the ideal aircraft to support operators in their post-COVID-19 recovery.
Grand Prairie, Texas, 16 September 2021 – The Phoenix Police Department has signed a new order to upgrade its airborne law enforcement helicopter fleet with five new H125 helicopters. Deliveries are expected to begin next year.
Known for its power, versatility and excellent performance in hot and high conditions, the H125 features dual hydraulics, dual channel FADEC, a crash resistant fuel system, and advanced glass-panel cockpit displays. The H125 accounts for nearly half of all intermediate single engine helicopters delivered for airborne law enforcement missions in North America over the last decade. It is built at Airbus Helicopters, Inc.’s production and completion facility in Columbus, Mississippi, by a team made up of 40% U.S. veterans.
Airbus Helicopters Inc. is the leading supplier of helicopters in the United States, with a presence dating back more than 50 years. A team of more than 700 employees operates local production and completion facilities for the H125 and UH-72 Lakota aircraft in Columbus, Mississippi, and provides world-class training, aftermarket support, and technical assistance from Grand Prairie, Texas, for the North American regional in-service fleet of nearly 3,100 helicopters.
