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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.

 

Hola

LATAM Group receives new Boeing 787-9

Santiago, Chile, September, 2023 – LATAM group (OTC: LTMAY) has received delivery of a new Boeing 787-9 directly from Charleston (United States) to Santiago (Chile), and is the only group of airlines in South America operating this model.

The Boeing 787-9 is equipped with advanced technology that allows it to reduce fuel consumption and CO2 emissions by 20-30% compared to the previous technology thanks to its lightweight materials, state-of-the-art engines, and modern aerodynamics.

Its arrival is part of LATAM group’s fleet renewal and modernization strategy, which will enable it to have 37 Dreamliners including the 787-8 variant by the end of this year, becoming one of the most modern and efficient fleets in South America. With this, the LATAM group aims to finish 2023 with a fleet of 332 aircraft, of which 78 are Wide Body and 254 are Narrow Body.

LATAM group’s new aircraft will feature 300 seats and has the capacity to cover an approximate distance of 14,010 km. Additionally, it boasts larger windows, spacious overhead compartments, technology that detects and counteracts turbulence for a smoother flight, and onboard diagnostic systems that allow the aircraft to self-monitor and automatically report maintenance requirements to ground systems.

 

 

 

 

Maersk finalizes ECO delivery deal with Amazon

Florham Park, New Jersey, September 6, 2023 – A.P. Moller – Maersk (OTC: AMKBY) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million pounds of coal burned. This is the fourth consecutive year that Amazon and Maersk have arranged container shipping using low GHG fuel options.

The ECO Delivery biofuel option offers emission reductions that enable immediate and externally verified GHG savings for customers, without compensatory measures like offsetting. This year, Amazon will benefit from a new feature of the ECO Delivery product which will be enabled by also using green methanol in addition to the bio diesel as a second green fuel* in the vessel fleet. ECO Delivery is using primary data for fuel consumption in the methodology to report emissions savings with greater precision, inclusive of other greenhouse gases in addition to the CO2. The new model also provides price certainty and stability and is de-linked from the fossil fuel market.

* Maersk defines ’green fuels’ as fuels with low to very low GHG emissions over their life cycle compared to fossil fuels. Maersk green fuels and its supply chain are verified by the International Sustainability and Carbon Certification (ISCC) . The methodology for accounting emissions is based on GLEC (Global Logistics Emissions Council) and is certified by Smart Freight Center. We ensure auto-generated performance tracking of Maersk ECO Delivery shipments. Maersk ECO Delivery CO2e saving certificates will be issued. The method is audited by PwC in accordance with the International Standard of Assurance Engagements 3410 (ISAE 3410 – Assurance Engagements on Greenhouse Gas Statements), showing CO₂e savings for the scope of the Maersk ECO Delivery agreement.

 

Airbus & Korea Aerospace Industries launch Light Armed Helicopter production

Seoul, South Korea  Airbus (OTC: EADSY) Helicopters and Korea Aerospace Industries (KAI) have signed an agreement to initiate the serial production phase of the Light Armed Helicopters (LAH). This follows the contract awarded by the country’s Defence Acquisition Programme Administration to KAI in December 2022 to supply an initial batch of ten LAH to the Republic of Korea Army. Deliveries will begin at the end of 2024, with follow-on orders to continue into the next decade.

This agreement will see Airbus Helicopters and KAI enter into the next phase of the programme, ramping up production of the LAH at KAI’s Sacheon facility in South Korea. Airbus Helicopters will support KAI’s order fulfilment with delivery of the required kits for the mass production.

The two companies have also signed an agreement to deepen their commitment in the joint Korean Utility Helicopter (KUH Surion) programme, to meet a wide range of operational requirements for the military, civil and parapublic markets.

This follows the recent launch of the joint development of new KUH variants, such as the Marine Attack Helicopter and Mine Countermeasure Helicopter, and their corresponding future versions. These programmes will benefit from Airbus Helicopters’ expertise in flight control systems and helicopter drive systems, and KAI’s industrialisation capability for local production. Airbus Helicopters is also committed to supporting KAI for additional serial deliveries.

Rex Group member to take delivery of 9th De Havilland Dash 8-400NG

National Jet Express (NJE), a member of the Rex Group, will shortly take delivery of another De Havilland Dash 8-400NG ‘Next Generation’, fitted with 82 seats.

This will be the ninth Dash 8-400NG to join the NJE fleet and the second to be deployed to support and grow NJE’s long term contract with BHP Mitsubishi Alliance (BMA) after starting operations for the mining giant on 1 July, 2023.

It will enter service in October and operate additional flights to the mining community of Moranbah in the Bowen Basin, 1000 kilometres north of Brisbane.

NJE is also in the advanced stages of negotiation for two further contracts in the mining and construction industries, which are expected to see Dash 8-400NG services expand across other areas of Queensland.

Alstom to supply 60 single level coach cars to the Connecticut Department of Transportation

August 9, 2023 – Alstom (OTC: ALSMY)and the Connecticut Department of Transportation (CTDOT) confirmed an order for 60 single-level rail coach cars valued at approximately €285 million (approximately USD $315 million) with options to build an additional 313 cars, as part of CTDOT’s coach renewal program for its statewide rail system. Delivery is scheduled to begin in 2026.

The agreement calls for the delivery of fully customised, sustainable, next-generation commuter rail cars specifically designed for North America, providing riders with safe, comfortable, 125 mph commuter rail service. The new vehicles will all be compliant with the Americans with Disabilities Act (ADA), Federal Railroad Administration (FRA) and American Public Transportation Association (APTA) requirements.

The vehicles will have a convenient two-by-two seating configuration with foldable tables and easy access for wheelchair passengers. The new cars will also provide an enhanced passenger experience with convenient overhead luggage racks, workstation tables and a bicycle storage area, safe and reliable wi-fi access, real time information on upcoming stops, conveniently located power and USB access, and the most current cybersecurity safety features. In addition, passengers will enjoy panoramic balcony-style windows at wheeled mobility spaces, allowing for the flow of natural sunlight through the car’s interior, giving riders great views.

Eve and DHL Partner to Design a Supply Chain Concept for eVTOL Support

Melbourne, Florida – August 9, 2023 – Eve Air Mobility (NYSE: EVEX) and DHL Supply Chain, a global leader in warehousing and distribution, announced today the signature of a Memorandum of Understanding (MoU) to conduct a study of key demands and supply chain characteristics for Eve’s electric vertical take-off and landing aircraft (eVTOL) operation. The primary goal of the partnership is to explore and understand best practices for supplying operators and service centers with spare parts and inputs, with an emphasis on batteries and the specific requirements concerning transport, storage and disposal of those devices. Other aspects reviewed will include modes of transportation, frequency, and delivery plan, required logistics partners, potential locations for advanced inventories, physical and technological infrastructure requirements and contingency plans.

The logistics study from Eve and DHL will encompass the distribution of parts and materials required for repairs and maintenance. Another crucial aspect to be considered is battery logistics, which holds significant importance in this business model. In this regard, DHL’s expertise in handling batteries from various industries will be leveraged. The companies will also evaluate supply chain management for general supplies to vertiports, optimizing the business processes.

Continuing to achieve significant milestones in the development of its eVTOL and agnostic solutions for the market ecosystem, Eve holds the largest backlog in the Urban Air Mobility (UAM) industry, with up to 2,850 aircraft. Among its accomplishments are the creation of a distinctive Urban Air Traffic Management (Urban ATM) software and the establishment of a comprehensive network of services and operational solutions. The first eVTOL deliveries and entry into service are expected as early as 2026.

Lockheed Martin Next Generation Interceptor Completes All Design Reviews At Accelerated Pace

Huntsville, Alabama, August 7, 2023 (PRNewswire) – Lockheed Martin (NYSE: LMT) successfully validated designs for all elements of the nation’s Next Generation Interceptor (NGI) with the U.S. Missile Defense Agency (MDA).

Through a series of successful and on-schedule Preliminary Design Reviews (PDRs) of all NGI major subsystems, the company demonstrated it has achieved design maturity and reduced risk for critical technologies. NGI is the future of the MDA’s Ground-Based Missile Defense (GMD) system to protect the U.S. homeland against intercontinental ballistic missile threats from rogue nations.

Lockheed Martin is demonstrating engineering work that has been performed in the integrated digital tool chain to drive faster decision making, enhance security, and enable rapid delivery and agility. This approach emphasizes affordability across the program lifecycle. Lockheed Martin’s NGI solution will increase warfighter capability, providing an improved defensive solution to address the complex battlespace now and in the future.

Lockheed Martin’s NGI program is on track for its next major review, the All Up Round PDR. During this next major review, MDA will assess if the program is ready to move forward in the acquisition process through Knowledge Point number one and ultimately on to the Critical Design Review. The first Lockheed Martin NGI is forecast for delivery to the warfighter as early as FY2027.

For additional information, visit our website: www.lockheedmartin.com.

Cabo Verde Airlines Debuts Its First Boeing 737 MAX

Praia, Cape Verde, July 20, 2023 – Boeing [NYSE: BA] and Cabo Verde Airlines today celebrated the delivery of the airline’s first fuel-efficient 737 MAX jet with a special event at its home base with officials and employees. As part of its new “take-off” rebranding, the airline’s 737-8 will reconnect the Cape Verdean diaspora and boost tourism for the island nation from Africa, Europe, North America and South America.

Cabo Verde Airlines connects four continents with non-stop flights from its hubs in Praia and Sal. The 737-8 is part of the airline’s new “take-off” relaunch strategy. It aims to renew its fleet and expand its network to previously operated routes following the pandemic.

The 737 MAX airplane 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.

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