Tag: sales (Page 3 of 10)

The photo was taken from right window of commercial airplane, Tokyo Haneda (HND) to Osaka International Airport Itami (ITM) in the daytime. The center and bottom island is Enoshima Island in Fujisawa city. The bottom sea is Sagami Bay, Northern Pacific Ocean.

Germany Signs Up for Five Boeing P-8A Poseidon Aircraft

June 30, 2021 / WIL BALDWIN

BERLIN, Germany June 30, 2021 — The German Ministry of Defense today signed a letter of offer and acceptance for five Boeing (NYSE: BA) P-8A Poseidon aircraft under the U.S. government’s Foreign Military Sales (FMS) process. With this order, Germany becomes the eighth customer of the multimission maritime surveillance aircraft, joining the United States, Australia, India, the United Kingdom, Norway, Korea and New Zealand.

The P-8A Poseidon offers unique multimission capability and is the only aircraft in service and in production that meets the full range of maritime challenges faced by European nations. Deployed around the world with more than 130 aircraft in service, and over 300,000 collective flight hours, the P-8A is vital for global anti-submarine warfare, intelligence, surveillance and reconnaissance and search-and-rescue operations.

German companies that already supply parts for the P-8A include Aljo Aluminum-Bau Jonischeit GmbH and Nord-Micro GmbH. Recently, Boeing signed agreements with ESG Elektroniksystem-und Logistik-GmbH and Lufthansa Technik to collaborate in systems integration, training, support and sustainment work. By working with local suppliers, Boeing will provide support, training and maintenance solutions that will bring the highest operational availability to fulfill the German Navy’s missions.

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.

Boeing Awarded Contract to Deliver 14 Chinook Helicopters to the Royal Air Force

June 22, 2021 / WIL BALDWIN

U.S. Special Operations Command awarded Boeing [NYSE: BA] a $578 million Foreign Military Sales contract approved by the U.S. Department of State to deliver 14 extended-range Chinook helicopters to the UK Royal Air Force (RAF).

The extended range Chinook gives the RAF fleet more versatility to execute the domestic and international heavy-lift missions that only the Chinook can facilitate.

Boeing and the RAF recently celebrated the 40th anniversary of the first Chinook delivery to the UK. Boeing will also celebrate the 60th anniversary of the Chinook’s first flight later this year.

The United Kingdom will be the first international operator of a Block II Chinook. Deliveries are scheduled to start in 2026.

Boeing has more than 4,600 employees in Pennsylvania supporting the Chinook, the V-22 Osprey, the MH-139A Grey Wolf and a number of services and engineering efforts. Including suppliers and vendors, Boeing’s activities support an estimated 16,000 jobs in Pennsylvania.

The Chinook fleet for the UK Ministry of Defence (MOD) supports more than 450 highly skilled jobs across the UK. Boeing colleagues provide maintenance and services support at Gosport, MOD Boscombe Down, and are embedded alongside the military at RAF Odiham.

SMBC Aviation Capital Orders 14 Additional Boeing 737 MAX Jets

May 25, 2021 / WIL BALDWIN

SEATTLE, May 25, 2021 /PRNewswire/ — Boeing [NYSE: BA] and SMBC Aviation Capital today announced the lessor is positioning its portfolio for air traffic recovery by ordering 14 additional 737-8 jets, growing its 737 MAX portfolio. The new order comes as airlines prepare for a robust return to air travel and modernize their narrowbody fleets to reduce fuel use and carbon emissions.

The new purchase builds SMBC Aviation Capital’s 737 MAX portfolio to 121 jets, expanding their investment in Boeing’s single-aisle family. SMBC Aviation Capital also continues to incorporate new 737 MAX airplanes into the global fleet. In the first quarter of 2021, the lessor delivered 13 737-8s to customers, including 11 planes to Southwest Airlines in the U.S. and two planes to TUI in Europe.

The SMBC Aviation Capital purchase follows recent orders and commitments from Alaska Airlines, Southwest Airlines and United Airlines. The total number of gross orders and commitments for the 737 MAX this year now exceeds 250 airplanes.

A member of the 737 MAX family, the 737-8 is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The 737-8 can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, reducing fuel use and CO2 emissions by 16% and also reducing operating costs.

Stadler and Siemens Mobility Win Contract to Modernize and Upgrade Lisbon Metro

May 11, 2021 / WIL BALDWIN

The consortium of Stadler and Siemens Mobility have won a €114.5 million contract to provide the Lisbon Metro with a state of the art signaling system and a new fleet of modern trains. Stadler will supply 14 three-car metro trains, while Siemens Mobility will install its Communications-Based Train Control (CBTC) system Trainguard MT on the Blue, Yellow and Green lines, and will upgrade the existing equipment. This will include installing its on-board CBTC technology across 70 trains of the existing fleet, as well as on the 14 new Stadler trains.

The contract includes technical training for operation and maintenance, as well as preventive and corrective maintenance of all equipment for the first three years, and the supply of spares and consumables for preventive maintenance for a further two years. The supply period agreed is 77 months, with provisional acceptance planned for 2027.

Stadler will design the vehicles using a modular methodology to better facilitate maintenance. Its stainless- steel car body ensures the vehicles are lightweight and strong. Three double doors per side and carriage will enable passengers to get on and off quickly and easily.

The 14 three-car trains will initially be fitted with CBTC GoA2 but will have the ability to be upgraded to GoA4, so the service can be fully automated in future. Trains will be powered by third rail at 750 V. The 49.6m long and 2.78m wide vehicles will have 90 seats arranged longitudinally, two places for wheelchair users, and

standing capacity for 450 people (6p/m2). The new rolling stock will increase comfort and accessibility for passengers, as well as provide enhanced communications, safety, and video surveillance systems.

Siemens Mobility CBTC signaling technology provides real-time data on vehicle position and speed conditions operating in moving block principle, allowing system operators to safely increase the number of vehicles on a rail line. This results in greater frequency of train arrivals and allows more passengers to be accommodated on the system. This is the most extensively deployed automatic train control system in the world and is currently being used in Singapore, Turkey, Brazil, Spain, and China.

Dubai Aerospace Enterprise Orders 15 Boeing 737 MAX Jets

April 20, 2021 / WIL BALDWIN

SEATTLE, April 20, 2021 /PRNewswire/ — Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance.

The order will appear on Boeing’s Orders and Deliveries website once finalized.

Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to deepen our already strong relationship with Boeing. Including this order, we own and manage 162 Boeing aircraft. An increasing number of global aviation regulators are returning the MAX to the skies. We are confident in the success of these aircraft as domestic and regional air travel are seeing strong signs of recovery.”

The new purchase is DAE’s second investment in the 737 MAX in the past year. In the third quarter of 2020, the lessor signed an agreement with American Airlines to purchase and lease back 18 new 737-8 airplanes. Since the agreement, the lessor has delivered 17 of the jets to the U.S. carrier. DAE previously completed a similar purchase-leaseback deal with Brazilian carrier GOL for five 737-8s.

“DAE has been instrumental in helping its customers realize the operating economics and environmental performance of the 737-8. We are delighted that they have come back to add more 737 aircraft to its growth plan as it positions itself for the recovery in commercial passenger traffic,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. “We are honored by DAE’s trust in the 737 family and we look forward to partnering with them to serve the fleet requirements of airlines around the world.”

The 737-8 is a member of the 737 MAX family which is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The airplane can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, using 16% less fuel and significantly reducing CO₂ emissions and operating costs.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Dubai Aerospace Enterprise (DAE) Ltd. is a global aviation services company headquartered in Dubai. DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. DAE’s Engineering division serves customers in Europe, Middle East, Africa and South Asia from its state-of-the-art facility accommodating up to 15 wide and narrow body aircraft. It is authorized to work on 13 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.

Aeromexico and Delta Resume Austin and Dallas Service, Increase Flights to Houston

April 9, 2021 / WIL BALDWIN

Effective July 1, Aeromexico and its partner Delta Air Lines will resume daily service from Mexico City to Austin and Dallas, Texas, adding to their current weekly service from Mexico City to Houston and San Antonio, Texas. Additionally, starting next week, both carriers announce an increase in their service to Houston.

With these resumptions, the airlines will offer a total of 47 routes between the United States and Mexico, increasing connectivity to benefit their joint customers.

Austin offers cultural attractions for all types of visitors, such as the impressive Texas State Capitol, Zilker Metropolitan Park, Lady Bird Lake, and the SoCo District, renowned for its art galleries, restaurants, and music venues. It’s also home to a thriving technology community and the University of Texas at Austin.

Further north, Dallas is a great business and leisure destination, featuring the largest urban art district in the United States, more than 160 museums in the metropolitan area, and the biggest and oldest zoo in Texas. It’s also home to companies from important sectors such as telecommunications, information technology, financial services, and transportation.

During April, both airlines will offer approximately 3,600 flights between the U.S. and Mexico, a seven-fold increase compared to the same period in 2020.

Both airlines offer the highest standards in safety and cleanliness protocols meant to protect their customers and employees. Delta offers the Delta CareStandard, while its main partner Aeromexico offers the Health and Sanitization Management System (HSMS).

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.

Investment Firm 777 Partners Order 24 Boeing 737 MAX Airplanes

March 16, 2021 / WIL BALDWIN

Boeing [NYSE: BA] and private investment firm 777 Partners announced today an agreement to add 24 737-8s to the firm’s diverse aviation portfolio, with purchase rights for an additional 60 airplanes. The Miami-based company will place the single-aisle airplanes with its growing portfolio of low-cost carrier investments around the world.

In addition to aircraft leasing, 777 Partners strategically invests in a host of aviation businesses, from operating carriers to technology-driven solutions. The firm’s travel sector strategy is largely focused on innovative solutions for interlining, passenger connectivity, and creating new commerce channels for its airline investments and customers.

The 737-8 can fly 3,550 nautical miles, about 600 miles farther than its predecessor. This additional capability allows airlines to offer new and more direct routes for passengers. The 737-8 reduces fuel use and CO₂ emissions by 16% compared to the airplanes it replaces, and that superior fuel efficiency means lower operating costs and a smaller environmental footprint. Every airplane features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

777 Partners is a Miami-based private alternative investment firm that invests across a number of high growth attractive verticals. Founded in 2015, 777 Partners initially applied its expertise in underwriting and financing of esoteric assets to diversify across a broad spectrum of financial services businesses, asset originators and financial technology/service providers. In recent years, the firm has broadened its mandate and now invests across six different industries: insurance, consumer and commercial finance, litigation finance, direct lending, media and entertainment, and aviation.

Airbus Wins First Syracuse IV Ground Segment Program Contract

March 4, 2021 / WIL BALDWIN

Paris, France 4 March 2020 – Within the Syracuse IV programme, Airbus (Paris: AIR.PA) has been awarded a 10-year framework agreement called Copernicus for the construction and upgrading of part of the ground segment for the telecommunications satellites used by the French Armed Forces. As part of Copernicus, the French Directorate General of Armaments (DGA) has placed an initial order worth more than € 100 million.

Dominique Maudet, Head of French Defence Sales at Airbus Defence and Space said: “We are building the future broadband and multi-satellite ground segment for France’s Armed Forces. It will be fully integrated, intelligent and dynamic, giving operators access to a decision-making tool unique to satellite communications management.”

This first order specifically covers the development of the future satellite communications management system for the French Ministry of Defence. This unique portal called Pegasus, accessible to all units, will enable the French Armed Forces to optimise use of the available capacities on military and commercial satellites. It will make it possible to coordinate requests entered by central military staff or any unit deployed on the ground, at sea or in the air. Allocation of satellite capacities will be optimised in terms of operational criteria completed by the units, such as the type of terminals used, ground cover, level of cyber security, jamming resistance, as well as the need for availability.

The Copernicus project also aims to increase the operability of Comcept, the multi-satellite communications network designed by Airbus and commissioned by the French armed forces in 2017. Comcept uses the broadband Ka-band transmission capacities of the Franco-Italian military satellite ATHENA-FINDUS, in addition to the Ku- and C-band capacities of commercial satellites. Thanks to these developments, Comcept will also be able to use the high-speed Ka-band of future satellites SYRACUSE 4A and 4B.

Different elements of the SYRACUSE IV programme’s future ground segment and the Pegasus portal will enable the French armed forces to use the entire spectrum of satellite capacities efficiently and dynamically, from the most secure and resilient to the high-speed and wide coverage capacities, in all areas of operations.

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

Lufthansa Supervisory Board Nominates Britta Seeger, Extends Detlef Kayser

March 3, 2021 / WIL BALDWIN

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.

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