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Boeing to Give Southwest Board 737 MAX Update This Week

FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California

CHICAGO (Reuters) – Boeing Co <BA> this week will present to the board of its largest 737 MAX customer, Southwest Airlines Co <LUV>, an overview of its plans to return the grounded jet to service, a spokesman for the airline said on Monday.

The meeting on Wednesday and Thursday comes after Southwest Chief Executive Gary Kelly said last month that the airline could look next year at diversifying its fleet beyond Boeing 737 aircraft. Budget-friendly Southwest has structured its business model around flying only 737 aircraft for the past 50 years and bet its entire growth strategy on the 737 MAX, the latest iteration of Boeing’s narrowbody workhorse.

With the MAX parked since mid-March following crashes on Lion Air and Ethiopian Airlines that together killed 346 people, Southwest has had to scale back its growth plans and cancel north of 100 daily flights, wiping $435 million from its earnings between January and September.

Kelly, who is also Southwest’s chairman of the board, invited Boeing to address the timing and logistics of dozens of 737 MAX deliveries that it was supposed to receive this year. The meeting will also give Boeing a chance to defend its product and the steps it is taking to restore public confidence after the two fatal crashes, sources said.

“It’s an overview of the Return to Service Plan, timing, and plans moving forward,” Southwest spokesman Chris Mainz said. “Just a good chance for our Board to hear directly from Boeing, but nothing more to it than that.”

It is not the first time that Boeing has presented to a regularly scheduled board meeting, he said.

Southwest had 34 MAX jets in its fleet when global regulators grounded the aircraft in March. The airline was supposed to receive 41 more 737 MAX planes before the end of the year, but most of those deliveries are now scheduled for 2020.

Hundreds of undelivered 737 MAX jets are parked at Boeing facilities in Washington state, where the planemaker is facing a delivery logjam once the U.S. Federal Aviation Administration gives approval for them to fly commercially.

While Boeing is targeting approval in December, the FAA has pushed back on any fixed timeline.

Southwest has removed the 737 MAX from its flying schedule until early March. The airline has said it will need one to two months to train its pilots and prepare the jets for flight once regulators approve new software and pilot training.

(Reporting by Tracy Rucinski in Chicago; Additional reporting by Tim Hepher in Dubai; Editing by Matthew Lewis)

Alstom Begins Delivery of New Regional Trains to Veneto and Liguria in Italy

Alstom has delivered the first Coradia Stream “Pop” trains destined for operation in Italian regions of Veneto and Liguria. The trains are part of the framework agreement signed in 2016 between Alstom and Trenitalia for a total of 150 new medium-capacity regional trains. Veneto will receive a total of 31 trains, Liguria 15. Deliveries will continue at a rapid pace into 2020.

14 Coradia Stream trains are already in passenger service in Emilia Romagna, the first region to have placed a firm order under the 2016 agreement. 

The new trains are part of a wider relaunch plan initiated by Trenitalia (FS Italian Group) to develop regional transport. This plan foresees a total investment of around €6 billion for 600 new trains, lead to the renewal of 80% of the fleet within 5 years. Due to the number of trains and its value, it is an unprecedented project for Italy.

The Coradia Stream, dubbed “Pop” by the Italian customer, is a single-deck electric multiple unit (EMU) designed for regional lines. It represents the latest generation of the Coradia family of trains. It can transport 300 passengers seated, has a top speed of 160 km/h, and offers easy accessibility thanks to its low floor. Designed to be eco-friendly, Coradia Stream consumes 30% less energy than previous train generation. 

“Over the past 15 years, more than 412 regional trains have been designed, produced and put into commercial service by Alstom in Italy. To these figures, we will gradually grow the Pop fleet. We are proud to have been chosen by Veneto and Liguria, and to support Trenitalia in this major project to improve regional and intercity transport throughout the country,” said Michele Viale, Managing Director of Alstom in Italy and Switzerland.

The Coradia Stream trains are manufactured by Alstom in Italy. Project development, most of the manufacturing and certification are performed at Alstom’s site in Savigliano (CN). Design and manufacturing of the traction systems and other components takes place at the Sesto San Giovanni (MI), and the on-board signalling systems are delivered by the Bologna site.

Air Lease Corporation Announces Lease Placement of Six New Airbus A321neo Aircraft with China Airlines

LOS ANGELES, October 24, 2019 – Today Air Lease Corporation (“ALC”) (NYSE: AL) announced long-term lease agreements with China Airlines (Taiwan) for six new Airbus A321neo aircraft.  The aircraft will deliver to the airline beginning in 2021 through 2022 from ALC’s order book with Airbus. 

“We are honored to have been chosen by China Airlines to provide their first six new A321neos in their single-aisle fleet transformation,” said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.  “The A321neo will provide significantly expanded capabilities which will benefit China Airlines and its passengers far into the future.”

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.

About Air Lease Corporation (NYSE: AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.  ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.  ALC routinely posts information that may be important to investors in the “Investors” section of ALC’s website at www.airleasecorp.com. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALC’s website is not incorporated by reference into, and is not a part of, this press release.

About China Airlines

Founded in 1959, China Airlines employs more than 12,000 people worldwide and operates a fleet of 111 aircraft, making it the largest airline by size and frequency of service in Taiwan. China Airlines is also one of the 19 SkyTeam Alliance member airlines. China Airlines offers passengers access to an extensive global network of more than 14,500 daily flights to 1,150 destinations in 175 countries. China Airlines is continuing to promote superior aviation safety as well as eco-friendly, innovative and attentive services that provide travelers with the perfect travel experience. Recent major international and domestic awards received by China Airlines include: 7/7 Safety Rating from AirlineRatings in Australia, the Taiwanese civil aviation industry’s top “Golden Flyer Award,” “Best of the Best” Red Dot Award, iF Design Award, Good Design Award from Japan, “Best Airline of the Year,” “Best Airline in North Asia,” “Best Business Class Seat Design” and “Best Premium Economy” from the U.S.-based Global Traveler, “Top 10 Premium Business Class” and “Top 10 Economy Class” from the DesignAir, PAX International reader survey’s winner in the “Outstanding Food Service by a Carrier – Asia” category, and the APEX Award for Publication Excellence for the inflight magazine “Dynasty.”

United Airlines Joins Forces with Star Wars: The Rise of Skywalker

  • United to debut exciting Star Wars: The Rise of Skywalker- themed content, including new aircraft paint design, safety video and opportunities to experience the Star Wars saga

CHICAGO, Oct. 25, 2019 /PRNewswire/ — United Airlines today announced that the carrier has teamed up with Star Wars: The Rise of Skywalker – the epic conclusion of the Skywalker saga, to offer customers and employees alike exciting opportunities in the coming weeks to experience the Star Wars saga first-hand on the ground, in the air and throughout the airline’s galaxy.

Customers will begin flying the friendly galaxy in November when United officially unveils an all-new Star Wars-themed paint design on one of its Boeing 737-800 aircraft with a re-designed onboard experience to celebrate the movie. The airline will also offer Star Wars: The Rise of Skywalker-themed amenity kits and launch its latest inflight safety demonstration video featuring characters from the new film. In addition, the airline will provide once-in-a-lifetime opportunities for MileagePlus members – including access to attend the US premiere of Star Wars: The Rise of Skywalker – through MileagePlus Exclusives, the airline’s platform that lets MileagePlus members use miles to bid and buy exclusive items and experiences.

“United Airlines and the Star Wars franchise share a common goal: connect people and unite the world,” said Mark Krolick, United’s vice president of marketing. “We are thrilled to join forces and help promote the concluding chapter of the Skywalker story, while at the same time enlisting help from our new friends from the Star Wars universe to demonstrate the importance of safety for our customers and colleagues.”

Click the link for the full story! https://finance.yahoo.com/news/fly-friendly-galaxy-united-airlines-191000188.html

United Airlines new Star Wars: The Rise of Skywalker 737-800 aircraft will take flight in November

Alstom to Supply 32 Additional DT5 Metros for Hamburg

28 June 2019 – Alstom, in consortium with Bombardier Transportation, will supply 32 further DT5 metro trains to Hamburger Hochbahn AG (Hochbahn) for a total amount of 186 million euros. Alstom’s share of the contract amounts to over 100 million euros. As part of this contract, Alstom will supply the mechanical part, the bogies and the mechanical braking system, while Bombardier will supply the electrical equipment, the driving system, the passenger information system and the vehicle control system. The trains will be assembled at Alstom’s site in Salzgitter, Lower Saxony. The new trains are to be put into service from January 2021 onwards.

“For many years now, our vehicles have been shaping mobility in Hamburg. This order confirms that customers and passengers are satisfied with our vehicles and will continue to rely on the DT5 trains in the future. With this order we will have delivered a total of 163 vehicles to Hamburg. This is a proof of our long-standing, trusting and sustainable cooperation with Hochbahn”, says Dr. Jörg Nikutta, Managing Director for Alstom in Germany and Austria.

The DT5 metro fleet has been in operation in Hamburg since autumn 2012. The Hochbahn has now ordered a total of 163 metro trains of this generation in order to cope with the increasing number of passengers in the city. In the past, Alstom had already delivered the DT2, DT3 and DT4 fleets – a total of 462 trains – to the Hamburg subway system.

Hamburg is the second largest city in Germany and the eighth largest city in the European Union. In order to meet the needs of such a large urban population, the DT5 was designed as a modern, spacious subway with wide corridors, a continuous interior and multi-purpose areas adapted to new passenger needs. Each of the 40 meter long three-car trains has 96 seats, 240 standing spaces and two additional wheelchair spaces. The DT5 also offers high passenger comfort, such as air conditioning, passenger information and monitoring systems as well as automatic door closing.

The DT5 subways are environmentally friendly. Their lightweight stainless steel car bodies and regenerative braking system contribute to improving energy efficiency. The vehicles are very quiet, which makes the Hamburg subway one of the quietest in the world.

As part of the Hamburg Senate’s bidding offensive, Hochbahn is expanding its range of services by an average of around five percent per year over the next three years. The new services include significantly tighter metro intervals and a massive expansion of the bus service with new express and area buses. The latest subway generation (DT5) is now to be increased by 32 vehicles and up to 163 vehicles at a later stage.

Bombardier Wins Order to Supply 12 Commuter Trains for Adelaide, Australia

  • Adelaide’s electric multiple unit trains, manufactured locally by Bombardier, were the first electric trains to operate in South Australia

Mobility solution provider Bombardier Transportation has received a contract variation from the Government of South Australia for 12 three-car A-City electric multiple unit (EMU) trains. This latest order will increase Bombardier’s fleet of A-City EMUs to a total of 34 trains and provide a much-needed capacity increase on Adelaide’s suburban rail network.

Wendy McMillan, President, South East Asia and Australia Region, Bombardier Transportation, said, “Since 2005, Bombardier has been supporting Adelaide’s mobility needs with its diesel and electric commuter trains and this contract variation is another huge endorsement of our workforce and the quality of the products designed, built and maintained here in Australia.” She added, “We are proud to deepen our long-term partnership in this important market, built on a strong track record of delivery performance, best-in-class rail technology and value-adding long-term solutions; which has laid the foundation to further support South Australian Government’s great efforts to meet a higher demand for public transport that will ensure the comfort and ease of every passenger’s journey.”

Bombardier is the only rail manufacturer in Australia with the ability and capacity to singlehandedly manufacture trains and trams in Australia. We have industrial design, engineering, manufacturing, maintenance and rail signalling teams based in Australia which allows us to maintain the highest level of local content across the majority of our projects.

Bombardier has been delivering Adelaide DMU’s from 2005 and since 2011, our Dandenong facility in Victoria, Australia is involved in delivering the Adelaide A-City EMU fleet. Our local engineers have developed an in-depth knowledge of Adelaide’s rail network over these years, information which enabled Bombardier to propose the most efficient and network-friendly EMU solution which has resulted in high reliability and availability of trains, reduced operational cost and increased performance.

These three-car trains, operating on Seaford and Gawler Line, can accommodate 240 seated passengers as well as up to 300 standees, can provide premium passenger comfort and are equipped to handle Adelaide’s hot summers. These environmentally-friendly trains have generated more than 200 local jobs, achieved high local content from almost zero when we started in Dry Creek to more than 60% today, which has created a robust supply-chain in Australia, enhanced local talent pools with skills development and training programs and developed critical asset management capabilities for Australia’s rail industry.

The Adelaide A-City EMU trains won Bombardier a Good Design Award at the 2015 Australian International Design Awards. Bombardier has been investing in Australia for more than 70 years. As a trusted rail industry partner with over 1,000 employees, Bombardier designs, engineers, manufactures and maintains rolling stock across Australia, along with providing signalling, rail equipment, asset management and through-life support to customers and operators.

This latest order will increase Bombardier’s fleet of A-City EMUs to a total of 34 trains.

United Airlines Makes Historic Eco-Friendly Commercial Flight

Historic “Flight for the Planet” combines the use of biofuel, zero-waste measures and carbon offsets to significantly minimize impact on the environment.

CHICAGO, June 5, 2019 /PRNewswire/ — United Airlines, a longstanding leader among all global carriers in environmental sustainability, made history today – World Environment Day – with the departure of the Flight for the Planet, the most eco-friendly commercial flight of its kind in the history of aviation. On the Flight for the Planet, United became the first known airline to demonstrate all of the following key actions on a single commercial flight: utilization of sustainable aviation biofuel; zero cabin waste efforts; carbon offsetting; and operational efficiencies.

United is using the Flight for the Planet to evaluate key measures of flying as sustainably as possible using the airline’s current technology, resources and fuel-saving procedures. The flight departed from gate B12 at United’s hometown hub of Chicago O’Hare for its “eco-hub” in Los Angeles, where sustainable aviation biofuel has helped power all the airline’s flights from the Southern California hub since 2016.

“The historic Flight for the Planet showcases United’s philosophy of working together to find new and innovative ways to lead us into a more sustainable future,” said Scott Kirby, United’s president. “As an airline, we see our environment from a unique perspective every day and we know we must do our part to protect our planet and our skies.”

The Flight for the Planet further illustrates United’s commitment to its bold pledge to reduce its carbon footprint by 50% by 2050.

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