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Alstom to present Italy’s first hydrogen powered train at EXPO Ferroviaria 2023

28 September 2023 – Alstom SA (Paris: ALSO), global leader in smart and sustainable mobility, will be present at EXPO Ferroviaria 2023, the exclusive B2B exhibition in Italy dedicated to the railway industry, taking place from 3rd to 5th of October 2023 at Fiera Milano Rho. Throughout the event, Alstom will showcase a wide range of solutions and technologies to consolidate its position as a leader in smart and sustainable mobility.

At 12:45 p.m on October 3rd, during the event’s opening day, Alstom and FNM will hold an official ceremony attended by key institutions, customers and partners. During this event, both companies will together unveil the hydrogen-powered Coradia Stream, a hydrogen train with zero direct carbon emissions equipped with fuel cells. This train is set to enter commercial service in Valcamonica, running along the non-electrified Brescia-Iseo-Edolo line operated by Ferrovienord and Trenord. This marks the train’s debut appearance in Italy.

Additionally, on the event’s first day, at 3 p.m., visitors can join Alstom and Infra.to at the Alstom booth n°E48 located in the EXPO Ferroviaria venue, for the official presentation of the new Metropolis train for Line 1 of the Turin Metro. This presentation will also showcase the state-of-the-art Urbalis driverless radio signalling system.

 

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Cathay Group orders 32 A320neo Family aircraft

Toulouse, France, September 29, 2023 – Hong Kong’s Cathay Pacific Airways Ltd ADR (OTC: CPCAY) has announced the purchase of an additional 32 Airbus Group NV (OTC: EADSY) A320neo Family aircraft as it continues to invest in expanding and modernising its fleet. The agreement doubles the Cathay Group’s total orders for the A320neo Family to 64, of which 13 have already been delivered.

The 32 additional aircraft will comprise both the A321neo and A320neo which will join the fleets of Cathay Pacific and HK Express.They will principally serve destinations in the Chinese Mainland and elsewhere in Asia.

The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver at least 20 percent lower fuel burn and CO2 emission savings. With more than 9,700 orders from over 130 customers, the A320neo Family is the world’s most popular single aisle aircraft.

 

 

 

 

 

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A.P. Moller – Maersk opens doors to new warehouse in Douala, Cameroon

A.P. Moller – Maersk AS (OTC: AMKBY) opens new warehousing & distribution (W&D) facility, spread over 16,000 sq.m. inside the Douala Port zone and powered by a cutting-edge system, will serve mainly the growing demand for FMCG cargo and, potentially, other strategic verticals in Central Africa.

The state-of-the-art facility with modern WMS will provide customers with accurate and real-time visibility of their inventory. Full traceability using lot, batch, and serial numbering will ensure efficient movement of goods. Ultimately, the optimised operations using technology will aid in reducing waste and inventory errors and provide an improved experience to customers.

Maersk has a clear goal of being Net Zero by 2040, and every new investment being made has deep considerations in terms of the decarbonisation of logistics. The new facility by Maersk in Douala is no exception. 100% internal lighting will be done using low-consumption LED lights, and all external lighting will be powered by solar energy. All forklifts required in the W&D operations will be battery-operated and charged using solar energy. At the beginning of operations, 15% of the site’s electricity requirements will be fulfilled by solar panels installed at the site itself, with a plan to scale up in the coming years.

Maersk’s customers will get several benefits by utilising this facility for bonded as well as non-bonded storage and distribution. Bundled with ocean transportation, customs clearances, intermodal transportation and other services, Maersk will provide truly integrated logistics solutions to its customers. Such a solution also adds greater control over supply chains and offers higher resilience. With everything put together, customers will get cost advantages, too, as all their logistics requirements get fulfilled under the same roof.

 

 

 

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Textron Aviation and NetJets sign fleet agreement for up to 1,500 Cessna Citation jets

September 20, 2023, – NetJets named launch customer for the new Cessna Citation Ascend

Wichita, Kansas, Business Wire – Textron Aviation (NYSE: TXT) and NetJets, a Berkshire Hathaway (NYSE: BRKa) today announced a record-breaking fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years. This agreement extends NetJets’ existing fleet agreement, and includes options for an increasing number of aircraft each year, enabling NetJets to expand its fleet with Cessna Citation Ascend, Citation Latitude and Citation Longitude aircraft. Equally exciting is the announcement that NetJets has been named the fleet launch customer for Textron Aviation’s newest jet — the Citation Ascend. Deliveries of the Citation Ascend are expected to begin in 2025 when the aircraft, currently under development, is expected to enter into service.

Since the inception of the more than 40-year relationship between the companies, NetJets has taken delivery of more than 800 aircraft from Textron Aviation, including exercising over 300 options for Citation Latitudes and Longitudes during the past eight years. This enduring relationship equips discerning customers with class-leading, safe, and reliable aviation travel experiences worldwide. Through the years, NetJets has owned and operated industry-leading Citations including the Citation SII, V, Excel/XLS, Sovereign, X, Latitude and Longitude models.

The Citation series of business jets has evolved to offer an unmatched range of capabilities, systems and options that allow customers to expand their business reach. More than 30 Citation models have been certified over the 50-year history of the Citation line. There are currently six Citation models in production: Citation M2 Gen2,Citation CJ3+, Citation CJ4 Gen2, Citation XLS Gen2, Citation Latitude and Citation Longitude, with the Citation Ascend under development.

 

 

 

 

 

 

 

 

 

 

 

Maldivian Airlines updates regional fleet with additional ATR 42-600 order

Toulouse, France, September 19, 2023 – Maldivian Airlines, the national airline of the Maldives and the world number one regional aircraft manufacturer ATR, have signed a firm order for two ATR 42-600 aircraft. These highly-efficient new aircraft will join the airline existing regional fleet, including two ATR 72-600 and one ATR 42-600, to replace older generation turboprops.

With these modern aircraft, powered by extra efficient PW127XT engines and featuring a spacious and appealing cabin, Maldivian will offer further reliable and affordable connectivity to the archipelago’s communities and businesses, contributing to the Maldives’ economic dynamism while lowering emissions.

About Maldivian

Maldivian, the national airline of the country embodies the spirit of the Maldives by providing exceptional air travel services that showcase the natural beauty and warm hospitality of the island nation. The airline is the leading domestic carrier with a scheduled network comprising of 16 domestic sectors. Maldivian operates the largest wheel-based fleet in the country which includes DeHavilland Dash 8 and ATR aircraft. Maldivian Seaplane, which consists of DeHavilland DHC-6 Twin Otter aircraft, further enhances the airline’s domestic operation by providing specialized tourist air transportation service connecting customers directly to the doorstep of their chosen resort. Operating from its hub in Male’, the airline provides international scheduled flights to cities in India and Bangladesh.

 

 

Air Lease Corporation announces Airbus A330-200 placement with HiSky

Today Air Lease Corporation (NYSE: AL) announced a long-term lease placement for one Airbus A330-200 aircraft with HiSky. Scheduled to deliver to the European carrier in 2023, this A330-200 aircraft joins one A319-100, four A320-200s and two A321-200neo LR aircraft currently on lease to HiSky from ALC.

“We are pleased to continue our support of HiSky Europe with the lease of this first widebody aircraft to the airline,” said David Beker, Senior Vice President, Marketing and Head of Aircraft Sales & Trading at Air Lease Corporation. “After two and a half years of steady and successful growth with their all-ALC narrowbody fleet, HiSky came to us ready to launch widebody operations and ALC is delighted to provide high-quality aircraft that will enable the carrier to realize their commercial objectives.”

“Over the past two years, we’ve experienced consistent growth that has brought us to this pivotal moment—the moment when we are prepared to acquire our first widebody aircraft. We’ve now become the fourth-largest air carrier at Romania’s primary airport and the largest operator of Airbus aircraft registered in Romania. Our partnership with ALC has undeniably proven to be a successful one. The aircraft they have provided us have been instrumental in helping HiSky achieve record-breaking passenger levels during this summer season. Having accomplished all the goals we set for ourselves over the years, we’re profoundly grateful for the trust and support of our partners as we embark on this exciting new venture,” said Iulian Scorpan, CEO of HiSky.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

 

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KiwiRail re-opens rail line to Napier in cyclone Gabrielle recovery milestone

The reopening of the rail line to Napier – allowing rail freight to once again get to Napier Port – is an important step for the Hawke’s Bay cyclone recovery, KiwiRail Chief Executive Peter Reidy says. Scheduled freight services resumed Monday, September 18, following a seven month pause after the rail line was badly damaged by Cyclone Gabrielle.

Cargo that is typically carried by rail includes chilled and frozen meat, wood products such as logs, pulp and timber, food products and imported machinery and consumables used in manufacturing. Following the cyclone in February, KiwiRail reopened the Palmerston North – Gisborne Line to Hastings at the start of April. Temporary Container Terminal sites were also set up in partnership with Napier Port, transport operators and cargo customers so that freight could be railed to Hastings, then trucked to Napier.

The section of line between Hastings and Napier, particularly around Awatoto, was badly damaged in the cyclone, with track and embankments washed away, and major damage to Bridge 217, which lost piers and spans in the floods. The work included rebuilding two-metre-high embankments, replacing 800 sleepers, 140 metres of rail, laying 3,000 cubic metres of formation (the rock foundation under the tracks) and 3,500 tonnes of ballast.

KiwiRail also railed steel casings to Hastings from Christchurch for replacement bridge piers on Bridge 217 – which have been driven 30 metres into the riverbed. The rebuild of Bridge 217 is temporary, in order to get rail freight moving as quickly as possible. A permanent new bridge will be designed and built over the next couple of years.

 

 

 

 

 

 

 

Southwest Airlines named Best Airline For Families in Money magazine’s list of 2023 travel awards

Dallas, Texas, September 15, 2023 – Southwest Airlines Co. (NYSE: LUV) was named Best Airline for Families on MONEY magazine’s 2023 Travel Awards list. MONEY recognized Southwest Airlines for its Family Boarding process, two free checked bags,1 no change2 or cancellation3 fees, and creating a flexible travel experience at a low cost. Southwest Customers also enjoy family-friendly content for free on the Inflight Entertainment Portal.4

“Families on the go turn to Southwest for more than our low fares and flexible policies,” said Jonathan Clarkson, Vice President of Marketing at Southwest Airlines. “We know families traveling together are looking for a comfortable and smooth travel experience, and our People take great pride in delivering their legendary Hospitality every step of the way.”

MONEY’s Best Airlines List assessed 10 major U.S. based carriers utilizing various criteria from multiple data resources to evaluate customer satisfaction with an airline’s network size, rewards programs, and policies.

For more information on Southwest’s flexible policies, visit Southwest.com.

1. First and second checked bags; weight and size limits apply.
2. If a Customer needs to change an upcoming flight itinerary, they’ll only pay the cost in fare difference.
3. Failure to cancel a reservation at least 10 minutes prior to scheduled departure may result in forfeited flight credits.
4. Where available. Available only on WiFi-enabled aircraft. Limited-time offer.

 

 

 

 

 

 

Air Peace orders 5 new Embraer E175 aircraft for fleet expansion

Abuja, Nigeria, 14 September 2023 – Nigeria based Air Peace, West Africa’s largest airline, has placed a firm order for five Embraer (NYSE: ERJ) E175 aircraft. This strategic decision marks a significant step forward and is in alignment with Air Peace’s ongoing strategy of modernising its fleet. This acquisition is in line with Air Peace’s determination to become the operator of the largest and youngest fleet of aircraft in Africa. It reinforces Air Peace’s commitment to enhancing its domestic and regional network connectivity and paves the way for further regional expansion. Deliveries of the 88 seat aircraft start in 2024. The value of the order, at list price, is US$288.3m.

Already an operator of Embraer’s newest and largest jet, the E195-E2, these smaller aircraft will complement the airlines’ existing fleet, allowing Air Peace to dynamically match capacity to demand, protecting yields and route viability.

About Embraer

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

JSX restarts Cabo to LAX service & boosts Dallas flights

JSX, the semi-private air carrier, has announced that it would restart service between Cabo San Lucas (CSL) and Los Angeles (LAX) and increase service between Cabo and Dallas (DAL).

Here’s what you need to know.

Route Details

JSX says it will restart flights between Los Angeles and Cabo San Lucas beginning on October 19, 2023, and will offer 5 flights per week on Sundays, Mondays, Thursdays, Fridays, and Saturdays.

The carrier will also increase its Dallas-Cabo schedule to 2 flights per day on Sundays, Mondays, Thursdays, Fridays, and Saturdays.

All tickets include 2 checked bags, onboard cocktails, and ample legroom to stretch out.

JSX at BUR

To celebrate, JSX is offering promotional fares on the routes. Here’s a look:

  • Los Angeles (LAX)-Cabo San Lucas (CSL): Starting at $599 one-way
  • Dallas (DAL)-Cabo San Lucas (CSL): Starting at $519 one-way

If you aren’t familiar, JSX offers a “semi-private” model where you can arrive at the airport and hop onto a flight just a few minutes before departure. Unlike major carriers, JSX utilizes much smaller private terminals and airport hangars, which cuts out traditional pain points of commercial aviation, such as crowds and long lines at security screening.

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