Tag: October (Page 4 of 7)

Allegiant Airlines secures financing for Airbus a320 ceo and Boeing 737 MAX aircraft

October 6, 2023 / WIL BALDWIN

Las Vegas, Nevada, October 3, 2023, PRNewswire – Allegiant Travel Company (NASDAQ: ALGT) announces financing commitments for seven Airbus A320 and four Boeing 737 MAX aircraft from BNP Paribas, Europe’s leading bank, and Jackson Square Aviation (JSA), a leading global commercial aircraft lessor.

The innovative $412M deal combines banking and lessor capital to secure Allegiant’s aircraft financing needs into the second quarter 2024, while providing the airline with healthy liquidity at an attractive cost in today’s market.

Allegiant has drawn down $196 million on September 29, and the remainder will be drawn commensurate with its initial 737 MAX deliveries.

Allegiant currently operates an all-Airbus fleet comprised of 127 Airbus A319’s and A320’s.

Nidec and Embraer receive approval for joint venture to develop Electric Propulsion System

October 5, 2023 / WIL BALDWIN

Kyoto, Japan, October 6, 2023 – Japan’s Nidec Corporation (OTC: NJDCY) and Brazil’s Embraer (NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering conglomerates to develop Electric Propulsion Systems (EPS) for the aerospace sector.

Vincent Braley, chief of staff for Nidec’s Motion and Drives business in the United States, has been appointed the CEO of Nidec Aerospace with immediate effect. Braley brings broad experience in business development and management to his new role to lead the joint venture’s future growth.

Unveiled at the Paris Air Show in June, the business combination aims to unlock new opportunities by providing an agnostic portfolio of products and services worldwide, driven initially by the growth of the Urban Air Mobility (UAM) industry. The UAM market is emerging and could create a USD 1.5 trillion market by 2040, according to Morgan Stanley Research.

A.P. Moller – Maersk expands global air freight services with Los Angeles air cargo gateway

October 4, 2023 / WIL BALDWIN

Los Angeles, California, October 3, 2023 – A.P. Moller – Maersk A/S A (Copenhagen: MAERSKa) has inaugurated a new 130,000 square foot air freight import/export gateway near Los Angeles International Airport (LAX) that offers direct planeside recovery with immediate unit load device (ULD) transfers. The west coast facility complements Maersk’s growing north American network of air cargo gateways, including Atlanta and Chicago which have been stood up in the last 12 months.

The new facility is just 15 miles from LAX and less than nine miles from the Port of Long Beach. Site staffing will be in place for the conduct of customs brokerage, commercial sales, and freight operations such as LCL transload. This site is U.S. Customs bonded Container Freight Station (CFS) and a U.S. Transportation Security Administration (TSA) Certified Cargo Screening Facility (CCSF). This ensures timely and secure air freight handling. The facility is scheduled to attain Free Trade Zone status in 2024 to benefit from lower duties, reduced processing fees, and faster movement of goods.

The opening of the Los Angeles facility is the latest step in Maersk’s North American air freight capacity expansion program that extends across strategic cargo entry points and is aligned to customer demand. The new capacity allows for more supply chain integration opportunities and better scaling to care for seasonal peaks as well as market driven volume spikes for breakout product launches.

LAX is one of the busiest airports in the world for both passenger traffic and cargo handling and is a major gateway between the U.S. and the Asia-Pacific region. According to Los Angeles World Airports, LAX ranks among the top 5 airports in the U.S. by tonnage. Los Angeles is a leading high-technology center for the nation in the entertainment, electronics, biomedical, computers, and aerospace industries.

Air Tanzania receives its first Boeing 737 MAX aircraft

October 4, 2023 / WIL BALDWIN

Dar Es Salaam, Tanzania, October 3, 2023, PRNewswire – Boeing (NYSE: BA) and Air Tanzania celebrated the arrival today of the airline’s first fuel-efficient 737 MAX single-aisle jet. The East African airline is the first carrier in Africa to receive the larger 737-9 model as it aims to meet growing travel demand in West Africa, Southern Africa and India.

Air Tanzania currently operates commercial service across Africa and to destinations in Asia with a fleet that includes two 787-8 Dreamliners and one 767-300 Freighter. Since its delivery in June 2023, the 767-300 Freighter has solved critical cargo challenges across Africa while opening opportunities to move business globally. The airline has an additional 787-8 on order.

The 737 MAX 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.

Silk Way West takes delivery of first Boeing 777 freighter

October 4, 2023 / WIL BALDWIN

Baku, Azerbaijan, October 3, 2023, PRNewswire – Silk Way West Airlines’ first Boeing (NYSE: BA) 777 Freighter arrived at Heydar Aliyev International Airport today as the airline becomes the newest operator of the world’s largest, longest range and most capable twin-engine freighter. The 777 Freighter will enable Silk Way West to increase its capacity to meet growing cargo demand around the globe.

Designed to integrate smoothly with existing cargo operations, the 777 Freighter will provide Azerbaijan-based Silk Way West with enhanced efficiency and operational flexibility. With a range of 9,200 kilometers, the 777 Freighter can carry a maximum structural payload of 107,000 kilograms, allowing operators to make fewer stops and reduce landing fees on long-haul routes. The airplane’s large fuselage diameter allows carriers to transport tall and outsized cargo loads on 3-meter-tall pallets, and its main deck side cargo door is 3.72 meters wide, allowing convenient loading of taller and wider cargo.

The 777 Freighter is Boeing’s top-selling freighter of all time. Customers from around the world have ordered 319 777 Freighters since the program began in 2005. As the market leader in cargo airplanes, Boeing provides more than 90% of the worldwide dedicated freighter capacity, including new-production and converted airplanes.

United Airlines Orders 50 More Boeing 787 Dreamliners

October 3, 2023 / WIL BALDWIN

Seattle, Washington, October 3, 2023, PRNewswire – Boeing (NYSE: BA) and United Airlines (Nasdaq: UAL) announced today the carrier is expanding its 787 Dreamliner fleet, exercising options to order 50 787-9 airplanes and securing an additional 50 options. The new Dreamliner order provides United additional flexibility as the airline modernizes its global fleet over the next decade.

With 150 firm orders, United has the largest Dreamliner orderbook on record and is positioned to become the largest 787 operator in the world. Today’s announcement follows the airline’s record-setting purchase of 100 787 airplanes last year.

As the first airline to operate all three models in the 787 family, United’s existing fleet consists of more than 70 Dreamliners. The fuel efficiency and reliability of the 787 provide United with the flexibility to fly its expansive global route network.

The enhanced efficiency and performance of the 787 reduce fuel use and emissions by up to 25% compared with the airplanes it replaces, depending on the configuration. The 787-9 has a globe-spanning range that allows carriers to fly up to 7,565 nautical miles (14,010 km) while seating up to 296 passengers.

The 787 is the best-selling widebody in history with more than 1,800 orders from 87 customers – including more than 870 repeat orders from 56 repeat customers. In the last year, customers have placed nearly 350 orders and commitments for the 787 family.

United Airlines orders an additional 60 A321neo aircraft

October 3, 2023 / WIL BALDWIN

Herndon, Virginia, 3 October 2023 – United Airlines (Nasdaq: UAL) has placed an order for 60 additional Airbus A321neo aircraft, supporting the airline’s “United Next” initiative to integrate new aircraft into its fleet and standardizing and enhancing its global network. United previously ordered 50 A321XLRand 70 A321neo aircraft. With this new order, the airline’s direct purchase commitment from Airbus is now for 180 A321 aircraft.

The A321neo provides superior environmental performance featuring the lowest CO₂ emissions per seat in its class. Its significantly lower carbon footprint will support United along its journey to reduce its CO₂ emissions.

United’s A321neo aircraft will feature the unrivaled Airbus’ Airspace cabin, which includes a unique welcome area and the latest full LED lighting technologies (which helps to reduce jet lag); new slimmer sidewall panels for extra personal space at shoulder level; improved window views with redesigned bezels and completely integrated window shades; new large overhead bins; and additional elements to enhance the passenger experience.

LATAM receives first A321neo aircraft & orders 13 more

October 2, 2023 / WIL BALDWIN

Hamburg, Germany, October 2, 2023 – LATAM Airlines (OTC: LTMAY) has taken delivery of its first A321neo leased from AerCap Holdings NV (NYSE: AER) and placed an order for 13 additional A321neo aircraft to further expand its route network and drive its regional growth. This is the first delivery of a committed backlog of 76 A321neo aircraft. In total, LATAM has 111 A320 Family aircraft to be delivered.

The newly delivered A321neo for LATAM can seat up to 224 passengers and feature Airbus’ Airspace XL bins in the cabin. The larger bins provide a 40% increase in storage space and facilitates 60% more carry-on bags, allowing a more relaxed boarding experience for passengers and cabin crews. The newly delivered A321neo flew to its destination with 49% Sustainable Aviation Fuel (SAF).

LATAM Airlines Group and its affiliates are the main group of airlines in Latin America, with presence in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations throughout Europe, Oceania, the United States and the Caribbean. Today, LATAM operates 240 Airbus aircraft and is the largest Airbus operator in Latin America. In July this year, LATAM took delivery of a new Airbus A320neo, the first delivery using 30% SAF.

JSX restarts Cabo to LAX service & boosts Dallas flights

September 10, 2023 / WIL BALDWIN

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.

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.

VIA Rail increases Ontario service between Ottawa and London this fall

September 10, 2023 / WIL BALDWIN

Montreal, Quebec, Canada, September 7, 2023 – VIA Rail Canada Inc. (VIA Rail) is pleased to announce the reintroduction of two round trips between Toronto and Ottawa and one round trip between London and Toronto, starting this October.

Returning frequencies

Passengers can start booking their trips on train 82/83 as of today and on the other returning frequencies over the next week.

Route	Schedule	Resuming date
82 London – Toronto	1 daily trip, every day but Sunday	Tuesday, October 24
83 Toronto – London	1 daily trip, every day but Saturday	Tuesday, October 24
644 Toronto – Ottawa	1 daily trip on Friday, Saturday, Sunday	Friday, October 27
646 Toronto – Ottawa	1 daily trip on Thursday, Friday, Sunday	Thursday, October 26
43 Ottawa – Toronto	1 daily trip on Monday, Friday, Sunday	Friday, October 27
647 Ottawa – Toronto	1 daily trip on Friday and Sunday	Friday, October 27

*To accommodate those changes, the Saturday trip on train 44 will be cancelled starting October 28.

Route Details

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