JetBlue (NASDAQ: JBLU) today announced it has reached a tentative agreement with the Transport Workers Union (TWU), regarding the process toward a contract for JetBlue’s inflight crewmembers.
The agreement is subject to a ratification process which includes final documentation, review, and consideration by JetBlue’s TWU leadership team before being distributed to inflight crewmembers for a final vote.
Ed Baklor, vice president inflight, JetBlue, said: “We are pleased to come to this tentative agreement and look forward to bringing the contract to a vote with our inflight crewmembers. Thank you to both negotiating committees for their efforts over the past two years to reach this agreement.”
Ian Deason, head of customer experience, said: “I want to thank our amazing inflight crewmembers for their commitment to safety and for continuing to always deliver the best experience in the skies during this especially challenging time for our industry.”
– Acquisition Reinforces Lockheed Martin’s Commitment to Delivering Exceptional Systems to the Warfighter
Lockheed Martin [NYSE: LMT] today announced the signing of a definitive agreement to acquire a portion of Integration Innovation Inc. (i3), a software and systems engineering company based in Huntsville, Alabama. The portfolio alignment between i3 and Lockheed Martin provides the opportunity to design and deliver hypersonic-specific technology solutions that benefit the warfighter.
“Our customers require the most forward-thinking, advanced technology that anticipates and addresses their national security requirements. This business combination not only reinforces our commitment to their missions, but also expands our portfolio in a strategic way,” said Eric Scherff, vice president of Hypersonic Strike Programs at Lockheed Martin. “Combining i3’s talent and domain expertise with our shared vision for hypersonic strike will expand how we think about and deliver this critical capability to the warfighter across domains.”
i3’s hypersonic strike and defense business set offers strategic solutions to U.S. Government and commercial customers. Adding i3’s talent and expertise to the Lockheed Martin portfolio will expand capabilities for customers across several mission areas and national security needs, while also allowing for more integrated solutions.
“We’re proud to be a part of the Lockheed Martin family, as they are a technology authority and employ some of the best and brightest in the industry,” said Mike Wicks, CEO at i3. “We have invested much time and energy into developing strategic solutions at i3. And, we’re finding the need to synergize these offerings with Lockheed Martin is more timely than ever and unlocks the value to our joint customers.”
Subject to the satisfaction of customary closing conditions, the transaction is expected to close in approximately 30 days. Upon closing, i3’s Hypersonics portfolio will be managed by the corporation’s Space business area.
Boeing [NYSE: BA] is teaming with General Atomics Electromagnetic Systems and Aerojet Rocketdyne [NYSE: AJRD] in its bid to build the Next Generation Interceptor (NGI) for the U.S. Missile Defense Agency (MDA). The NGI is a key element of the MDA’s missile defense system, which is designed to intercept and destroy incoming intercontinental ballistic missiles.
“The Boeing-led team will deliver critical technology to enhance our homeland missile defense,” said Norm Tew, Boeing Missile and Weapon Systems vice president and general manager, and Huntsville site senior executive. “Combined, we bring decades of expertise in proven missile and weapon systems.”
On Aug. 12, the Boeing-General Atomics-Aerojet Rocketdyne team submitted an NGI offering that will improve performance and enhance the nation’s ability to defend against future threats.
GA-EMS has a long history of delivering missile technology and complex systems for critical national defense programs. “This partnership combines our legacies in innovation, bringing together new ideas to create an affordable and reliable solution to defend against emerging threats,” said Scott Forney, president of GA-EMS.
Aerojet Rocketdyne’s propulsion systems have powered the nation’s missile defense for decades. “As the country’s premier hit-to-kill propulsion provider, we’re able to deliver low-cost, high-performance systems by leveraging our skilled workforce and strategic investments in innovative technology and materials,” said Eileen Drake, Aerojet Rocketdyne CEO and president.
Northrop Grumman will serve as a component supplier on the Boeing-led team.
Alstom is proud to deliver the first two of the 25 Citadis X05 trams ordered by Attiko Metro, the urban transport authority of Athens, in July 2018. The tram will begin dynamic tests at the end of September before being put into passenger service in February 2021.
The 25 trams will run on the city’s existing network, as well as on any planned extensions. The delivery of the last tram is expected by the end of May 2021.
“Alstom is proud to bring its latest generation of tram to Athens. By providing reliable and modern rolling stock, we commit to supporting the development of urban transport in Athens, to further increase the capacity and availability of the existing lines and their extensions,”said Stavros Vlachos, Managing Director Alstom Greece.
In addition to the manufacturing and supply of the trams, Alstom is also responsible for the on-site testing, training and warranty services, as well as spare parts for the vehicles. These are Alstom’s first trams sold in Greece, after the company provided 28 metro trains in early 2000 for the first Athens Metro project.
The modern Citadis X05 trams will supplement the existing fleet of light rail vehicles for use on the network in Athens and Piraeus. This latest generation from the Citadis range offers superior passenger experience, with 20% more glass surfaces, LEDs for soft, homogeneous lighting, large individual seats, and travel information on large screens via a telematic system. The five-section trams will be 33 metres long, with a capacity of 294 passengers. Double doors along the entire length of the tramway ensure enhanced accessibility.
The Citadis X05, the latest version of the Citadis range, boasts a number of new technologies, including permanent magnet motors for higher efficiency, as well as optimised HVAC (heating, ventilation and air-conditioning), which together reduce its energy consumption by 25%. Simplified sub-system integration and maintenance decrease lifecycle costs, while the tramway is 97% recyclable. To date, Citadis X05 has been sold in cities such as Sydney, Paris, Nice, Avignon, Caen, Lusail, Frankfurt and Athens.
2,700 vehicles of the Citadis range have been sold in 60 cities worldwide. Citadis trams have covered over 1 billion kilometres and transported 10 billion passengers since the first tram entered service in 2000.
Expanded SES constellation to deliver enhanced global connectivity services
Boeing [NYSE: BA] has received a contract to build four additional 702X satellites from SES as the leading global content connectivity provider increases the number of O3b mPOWER satellites in its Medium Earth Orbit (MEO) to 11.
These four additional O3b mPOWER satellites will enhance SES’s next-generation MEO constellation throughput and efficiency as well as expand its unique capabilities to deliver connectivity services ranging from 50Mbps to multiple gigabits per second to a single user. The system will allow telecommunications companies, mobile network operators, governments, enterprises, aircraft and ship operators, and more, to connect with their core network or extend cloud access worldwide.
Boeing is currently building the first seven O3b mPOWER satellites for SES. The first set of satellites will be launched in late 2021.
SES’ O3b mPOWER software-defined satellites are based on Boeing’s multi-orbit 702X satellite portfolio, which employs Boeing’s most advanced digital payload to date. The O3b mPOWER satellite constellation will integrate with existing network architectures to deliver global, end-to-end managed network services on land, sea and in the air.
Additionally, Boeing and SES have agreed to collaborate to develop commercially-based service offerings and capabilities that can be derived from current and future SES MEO satellites. Working together, the companies will develop resilient, interoperable MILSATCOM-COMSATCOM architectures to provide U.S. and other government users with robust connectivity across mission domains.
The 702X is a family of software-defined satellites that incorporates digital processors, advanced thermal management, optimized manufacturing technologies and simplified ground resource management tools. With thousands of beams that are formed in real time and can be pointed and shaped where needed, 702X allows operators the flexibility to specifically distribute power and bandwidth among users, maximizing useable capacity and eliminating wasted energy.
Airbus A400M transports masks to Spain in support of COVID-19 crisis relief efforts
An Airbus A400M airlifter has performed an air-bridge between Toulouse and Madrid in order to deliver critically-needed mask supplies to the Spanish health system.
The aircraft, known as MSN56 and operated by an Airbus crew, took off on 23rd March 2020 from Airbus’ headquarters in Toulouse at 18.07 local time (CET) landing at the Getafe Air Base (Madrid) at 19.05 to off-load and deliver the masks to the Spanish Ministry of Defence.
The cargo is part of the approximately 2 million masks transported over the weekend by a test Airbus A330-800 aircraft from Tianjin, China, to Europe.
This air-bridge will enable the delivery of a significant supply of masks to the Spanish public health network in support of current COVID-19 crisis efforts. This comes on top of donations by Airbus in recent days to provide thousands of masks to hospitals and public services around Europe. The Company will continue to support with additional flights planned to take place in the coming days in coordination with national authorities.
JetBlue (NASDAQ: JBLU) has issued the following message to its 23,000 crew members.
It has been a very tough few weeks. We are so proud to see once again how the JetBlue culture brings us together during times of crisis. Thank you for continuing to serve our Customers and deliver the JetBlue experience, particularly when your own lives are being disrupted in so many ways.
With safety our #1 value, we continue to take the measures necessary to protect your health. But as it relates to our business, we are not going to sugarcoat it. Demand continues to worsen, and the writing is on the wall that travel will not bounce back quickly.
We’d like to give you some color on what we are seeing. Last year on a typical day in March we took in about $22 million from bookings and ancillary fees. Throughout this March, our sales have fallen sharply and in the last several days we have taken in an average of less than $4 million per day while also issuing over $20 million per day of credits to Customers for canceled bookings. This is a stunning shift, which is being driven by fewer new bookings, much lower fares, and a Customer cancel rate more than 10 times the norm. If you do the math, $4 million per day does not come anywhere close to covering our daily expenses. It is hard to predict how long these conditions will last and how much more challenging the environment may become.
We are not alone. Virtually every major carrier is taking actions that were almost unthinkable a few weeks ago, making huge schedule reductions and parking significant portions of their fleets.
Even though we entered this from a position of strength with a strong balance sheet and cash in the bank, because of the dramatic fall-off in bookings, we need to reduce our spending immediately so that we can continue to fund JetBlue’s operations and ensure your jobs are protected. We have already announced an initial capacity reduction, pay cuts for our officers (VPs and above), voluntary time off programs, re-negotiated Business Partners agreements, and other spending reductions.
We’ve taken swift and decisive actions to protect you, but we must do more and do so quickly to weather this storm.
Reducing our flying to reflect demand We are reducing our capacity in the coming months, with a reduction of at least 40% in April and May. We also expect substantial cuts in June and July, and given the unpredictability of this event, we will ground some of our aircraft. We know this is not an easy move – it will impact hours for many frontline Crewmembers, but it is also essential that we reduce capacity in the face of dramatically falling demand.
We will be notifying Customers of their specific cancellations in a phased approach so that we do not overwhelm Customer Support as they continue to receive exponentially more calls than they ever have before.
Reviewing our fleet plan One of our most substantial capital expenses is the purchase of new airplanes. In collaboration with Airbus, we are looking at our order book for opportunities to slow deliveries and reduce aircraft pre-delivery payments (PDPs). We will also defer the four previously used airplanes that we announced earlier this year.
Cutting our capital and operational spending We will reduce spending wherever we can to preserve our cash, and both of us will be taking a 50% pay reduction during this crisis.
We entered the year with a list of major initiatives to invest in our infrastructure, technology and real estate. As of today, we have paused or stopped more than 75% of these projects and will continue to stand down work wherever we can.
Increasing our cash reserves The dramatic loss of revenue in recent days means we will have to start dipping into our cash savings. Although we came into this with about $1.2 billion, our expenses total millions of dollars each day. The good news is we have secured a new liquidity facility – an extra credit line – which allowed us to borrow $1 billion. This is not free money – it’s a band-aid solution that holds us over and we have to pay it back with interest. Even with these cash reserves we, like the rest of the industry, will need significant government support to help us through these losses.
Calling for government intervention The governmental warnings and actions taken to manage this health crisis have hit both domestic and international travel hard. We have been coordinating with Airlines for America (A4A) and other U.S. airlines to ensure government leaders understand the threat to our global economy if air travel is not supported. When this pandemic passes – and it will – air travel will play a major role in getting life back to normal and supporting economic recovery. We are going to need significant government help to do that. This is not a position we’d like to be in, but government assistance will help us protect our 23,000 Crewmembers who are our most important priority as we navigate these turbulent times.
From the beginning we have faced many challenges and, against all odds, we have thrived through some incredibly difficult events. Now we are faced with what is by far the biggest challenge our company and our industry has ever seen. While we know this is an incredibly difficult time for all of you as you work to juggle your own concerns around coronavirus, we have come through other challenges in our 20 year history and we can – and will – come through this together.
The next few months won’t be easy, but please know that all the steps we’re taking today are focused on protecting the health and safety of our Crewmembers and Customers and ensuring JetBlue remains a great place for you to work well into the future.
Alstom will manufacture, deliver and maintain until 2032 eleven Coradia Continental battery-electric trains for regional traffic on the Leipzig-Chemnitz route on behalf of VMS (Verkehrsverbund Mittelsachsen) and with the support of ZVNL (Zweckverband für den Nahverkehrsraum Leipzig), the two authorities responsible for this line. The contract is worth approximately €100 million. Following this order, Alstom offers all types of traction systems on the market as well as the full range of emission-free drives, from efficient electric motors to hydrogen fuel cells and advanced battery traction.
In 2014, Alstom had previously signed a contract with VMS for the delivery of 29 Coradia Continental electric regional trains (EMU). In order to bridge the 80 kilometres of non-electrified line between the cities of Chemnitz and Leipzig, the authority requested a battery-electric version (BEMU). The new trains will enter service in 2023. They will be built at Alstom’s German site of Salzgitter, in Lower Saxony. The battery traction sub-system is designed and supplied by Alstom’s traction centre of excellence in Tarbes.
“We are immensely proud to be providing the responsible authorities with a sustainable and perfectly-suited solution. Today, Alstom stands apart in being able to offer any form of emission-free traction currently on the market built into a proven solution. As a responsible company, Alstom has an intense focus on sustainable mobility, offering the best-fitting solutions that make it not only possible, but also cost-effective and attractive,” says Gian Luca Erbacci, Senior Vice President of Alstom Europe.
The Coradia Continental BEMU trains will be similar to those already in service on the Dresden, Riesa and Zwickau routes. The main difference: they will also have high-performance batteries on the roof. The train, based on the proven Coradia Continental, builds on Alstom’s long experience in battery traction, gained with the Coradia iLint, Citadis trams and the Prima H3 locomotive.
The Coradia Continental BEMU has a range of up to 120 kilometres and can be operated under catenary as well as on non-electrified sections. The three-car-trains will be 56 metres long and equipped with 150 seats. They will have a top speed of 160 km/h in battery mode. The capacity of the batteries (high-power lithium-ion) is calculated to ensure catenary-free operation of the line Chemnitz-Leipzig without any sacrifice in performance or comfort.
Alstom’s Coradia range allows operators and transport authorities to offer their passengers regional trains that meet their needs and expectations, while demonstrating exemplary reliability and cost-effectiveness. Alstom has tailored the Coradia range to operate with all available emission-free power systems, from electric to battery-electric and hydrogen fuel cells. The latter, the Coradia iLint, powered by fuel cells and offering performance comparable to a diesel train while emitting nothing but water, has been in passenger service in Germany for over a year.
The Northrop Grumman unmanned aircraft system MQ-4C Triton has been deployed to the Pacific for the first time.
The deployment of the platform will give the US Navy greater maritime intelligence, surveillance and reconnaissance data to inform critical decision making in one of the most strategically important regions in the world.
Unmanned Patrol Squadron One Nine, or VUP-19, will operate out of Guam as part of Task Force (CTF) 72, 7th Fleet, and is the first squadron to operate the MQ-4C.
VUP-19, nicknamed the ‘Big Red’, was established on October 1, 2013, and later commissioned on October 28 2016.
Getting unmanned systems out in front of manned aircraft and ships in the Pacific is one of the US Navy’s highest priorities.
This is in response to the emergence of China as it has expanded and reinforced its integrated web of sophisticated anti-access/area-denial capabilities in the South China Sea.
Doug Shaffer, Vice President and Program Manager of Triton program at Northrop Grumman, said the deployment was a significant milestone in the MQ-4C Triton program.
“Our partnership with the US Navy has been crucial in developing this system that will help commanders build a better common operational picture,” he said.
Triton’s ability to fly at high altitude and remain airborne in excess of 24 hours allows commanders to surveil a larger maritime area than ever before.
Designed to operate in a manned-unmanned teaming concept, Triton provides viability over massive swaths of ocean and littoral areas, enabling manned aircraft such as the US Navy’s P-8 Poseidon to focus on anti-surface and anti-sub-surface warfare.
The Triton is the US Navy’s newest and most technologically advanced intelligence, surveillance and reconnaissance platform
Its autonomous suite of maritime sensors allows operators to detect, track, classify and identify vessels on the ocean or in the littorals in some of the world’s busiest shipping lanes.
Australia is committed to the purchase of the Triton for the Royal Australian Air Force (RAAF), with the prospect of six aircraft to be added to the RAAF’s inventory as part of the AIR7000 program.
Designed to operate in conjunction with Australia’s planned fleet of 12 manned P-8A Poseidon maritime patrol and anti-submarine aircraft, the Tritons will provide a quantum leap in the nation’s surveillance and reconnaissance capabilities.
The first of the RAAF’s Triton aircraft is expected to be introduced into service in mid-2023, with all six aircraft to be delivered and in operation by late 2025, based at RAAF Edinburgh, South Australia.
The RAAF investment in the Triton program is $1.4 billion.
The facilities and crew required to operate, train and maintain the fleet will be part of the initial $1.4 billion investment, which includes $364 million on new facilities at RAAF Bases Edinburgh and Tindal (in Northern Territory).
Three hour, 51 minute flight marks new phase for rigorous test program
Largest and most fuel efficient twin-engine commercial jet expected to deliver in 2021
The new Boeing (NYSE: BA) 777X jetliner took to the skies today, entering the next phase of its rigorous test program. Based on the popular 777 and with proven technologies from the 787 Dreamliner, the 777X took off in front of thousands at Paine Field in Everett, Washington, at 10:09 a.m. local time for a three hour, 51 minute flight over Washington state before landing at Seattle’s Boeing Field.
“The 777X flew beautifully, and today’s testing was very productive,” said Capt. Van Chaney, 777/777X chief pilot for Boeing Test & Evaluation. “Thank you to all the teams who made today possible. I can’t wait to go fly your airplane again.”
Capt. Chaney and Boeing Chief Pilot Craig Bomben worked through a detailed test plan to exercise the airplane’s systems and structures while the test team in Seattle monitored the data in real time.
“Our Boeing team has taken the most successful twin-aisle jet of all time and made it even more efficient, more capable and more comfortable for all,” said Stan Deal, president and CEO of Boeing Commercial Airplanes. “Today’s safe first flight of the 777X is a tribute to the years of hard work and dedication from our teammates, our suppliers and our community partners in Washington state and across the globe.”
The first of four dedicated 777-9 flight test airplanes, WH001 will now undergo checks before resuming testing in the coming days. The test fleet, which began ground testing in Everett last year, will endure a comprehensive series of tests and conditions on the ground and in the air over the coming months to demonstrate the safety and reliability of the design.
The newest member of Boeing’s market-leading widebody family, the 777X will deliver 10 percent lower fuel use and emissions and 10 percent lower operating costs than the competition through advanced aerodynamics, the latest generation carbon-fiber composite wing and the most advanced commercial engine ever built, GE Aviation’s GE9X.
The new 777X also combines the best of the passenger-preferred 777 and 787 Dreamliner cabins with new innovations to deliver the flight experience of the future. Passengers will enjoy a wide, spacious cabin, large overhead bins that close easily for convenient access to their belongings, larger windows for a view from every seat, better cabin altitude and humidity, less noise and a smoother ride.
Boeing expects to deliver the first 777X in 2021. The program has won 340 orders and commitments from leading carriers around the world, including ANA, British Airways, Cathay Pacific Airways, Emirates, Etihad Airways, Lufthansa, Qatar Airways and Singapore Airlines. Since its launch in 2013, the 777X family has outsold the competition nearly 2 to 1.
About the Boeing 777X Family
The 777X includes the 777-8 and the 777-9, the newest members of Boeing’s market-leading widebody family.
