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American Airlines to Raise Funding for Stand Up To Cancer

FORT WORTH, Texas — American Airlines will provide a once-in-a-lifetime opportunity to add a loved one’s name to one of its planes in honor of those who are cancer survivors, current cancer fighters and those who lost their battle with cancer. Anyone who makes a donation of $25 or more to Stand Up To Cancer (SU2C) during the month of July can add the name of a person they stand up for to an American Airlines Airbus A321. The plane, which will begin flying this fall, will be wrapped with a special SU2C design that includes names submitted.

The campaign launches July 1 with a digital and television ad featuring Stand Up To Cancer Ambassador and superstar Tim McGraw alongside six American team members from across the U.S. Tim as well as each team member in this new campaign has been personally affected by cancer, either as a survivor or a co-survivor caring for a loved one fighting the disease.

“Every family in America has a cancer story, my own family included. Too many of us have lost our parents, children, spouses and friends to this terrible disease,” McGraw said. “I’ve been so touched by the stories of the American Airlines team members I’ve met over the past month and I’m honored to lend my voice to this campaign to help create a world where all cancer patients can become long-term survivors and have more time with the people they love.”

As part of the company’s multi-year, multi-million dollar collaboration with SU2C, 100% of donations received will go to support Stand Up To Cancer’s collaborative cancer research programs.

“Our national collaboration with Stand Up To Cancer was driven by their proven approach to cancer research and our corporate purpose to care for people on life’s journeys. In a few short years, we’ve seen donations contribute to scientific breakthroughs and more access to meaningful clinical trials,” said Elise Eberwein, Executive Vice President of People and Communications at American. “Today, we ask anyone who has been impacted by cancer join us in our shared goal to make every cancer patient a long-term survivor.”

American team members in Los Angeles and Nashville participated in the campaign, which includes pilots, flight attendants, mechanics, Customer Service agents and Fleet Service team members.

To honor its own team members, the first names added to the plane will be those of American team members who self-identified as cancer survivors or are currently battling cancer.

“We are so honored to team up with American Airlines in this empowering campaign, which offers anyone who’s been affected by cancer the chance to join our mission, publicly honor a loved one and stand up to cancer,” said Rusty Robertson, a co-founder of Stand Up To Cancer. “American Airlines continues to be a tremendous supporter of SU2C, and the critical dollars raised by this incredible campaign expands our mission to accelerate the pace of cutting-edge research and innovative cancer treatments to save lives now.”

To make a donation to SU2C and add a name to this special plane, visit aa.com/standup between July 1–31, 2019. Donors can visit aa.com/standup again in late September to see the location of their submitted names on the plane before it begins flying in September. Terms and conditions apply.

About Stand Up To Cancer

Stand Up To Cancer (SU2C) raises funds to accelerate the pace of research to get new therapies to patients quickly and save lives now. SU2C, a division of the Entertainment Industry Foundation (EIF), a 501(c)(3) charitable organization, was established in 2008 by film and media leaders who utilize the industry’s resources to engage the public in supporting a new, collaborative model of cancer research, and to increase awareness about cancer prevention as well as progress being made in the fight against the disease. Under the direction of our Scientific Advisory Committee, led by Nobel Laureate Phillip A. Sharp, Ph.D., SU2C operates rigorous, competitive review processes to identify the best research proposals to recommend for funding, oversee grants administration, and ensure collaboration across research programs.

Current members of the SU2C Council of Founders and Advisors (CFA) include Katie Couric, Sherry Lansing, Lisa Paulsen, Rusty Robertson, Sue Schwartz, Pamela Oas Williams, Ellen Ziffren, and Kathleen Lobb. The late Laura Ziskin and the late Noreen Fraser are also co-founders. Sung Poblete, PhD, RN, has served as SU2C’s president and CEO since 2011.

For more information on Stand Up To Cancer, please visit StandUpToCancer.org.

About Tim McGraw

His unparalleled career includes 43 number one radio singles, 16 number one albums and countless industry awards and accolades. His unique chart achievements include having three singles in the Top 20 of the radio charts on multiple occasions, as well as having two singles spend over 10 weeks at number one. His last solo project spawned one of the biggest hit singles of all-time, “Humble and Kind,” whose message continues to impact fans around the world including a Spanish version sung by McGraw. He has routinely been cited as one of the biggest touring artists in the history of country music.

Ten Killed in Dallas Area Private Plane Crash

(Reuters) – Ten people were killed on Sunday when their private turboprop airplane crashed into a hangar during takeoff and burst into flames at the municipal airport in Addison, Texas, outside Dallas, an airport official said.

The twin-engine Beechcraft BE-350 King Air was destroyed by fire from the crash, according to Darci Neuzil, deputy director of Addison Airport, a general aviation facility located about 10 miles (17 km) north of downtown Dallas.

She said the plane had been headed for Florida when it took off at about 9 a.m. local time. Nobody on the ground was reported hurt, Neuzil added.

The plane had just lifted off the runway at the south end of the airport when it veered left, dropped its left wing and slammed into the hangar, the Dallas Morning News reported online, citing Addison fire department spokesman Edward Martelle.

There were no survivors among the 10 people who were aboard the aircraft, Neuzil said. Their identities were being kept confidential as authorities worked to notify next of kin.

“It’s a very sad day for Dallas County,” a local judge, Clay Jenkins, told the Dallas Morning News, which reported the plane had been en route to St. Petersburg, Florida. “My prayers are with the families we’re notifying about this tragedy.”

There was no official word on the cause of the crash. CBS News, citing unnamed sources, reported that the plane lost an engine on takeoff.

Video footage of the immediate aftermath showed flames and heavy, dark smoke billowing from the hangar, which according to local media was unoccupied at the time. Still photos posted online also showed a large gash in the side of the building.

Investigators from the U.S. National Transportation Safety Board were due to arrive on the scene later in the day, Neuzil told Reuters.

No further details about the circumstances of the crash were immediately available, Neuzil said.

Reporting by Steve Gorman in Los Angeles and Daniel Wallis in New York; Editing by Sandra Maler

Boeing to Work with Kitty Hawk on Flying Cars and Safety

Kitty Hawk,the flying car company backed by Google’s Larry Page and led by Udacity co-founder Sebastian Thrun, has struck a deal with aerospace giant Boeing.

The terms of the strategic partnership are vague. But it appears the two companies will collaborate on urban air mobility, particularly around safety and how autonomous and piloted vehicles will co-exist.

Kitty Hawk’s portfolio of vehicles includes Cora, a two-person air taxi, and Flyer, a vehicle for personalized flight. The partnership is focused on the fully electric, self-piloting flying taxi Cora, according to the announcement.

Click the link below for the full story and video!

https://techcrunch.com/2019/06/25/boeing-is-going-to-work-with-kitty-hawk-on-flying-cars-and-safety/?yptr=yahoo

Boeing is going to work with Kitty Hawk on flying cars and safety

Skydiving Plane Crash Leaves 11 Dead in Hawaii

(Reuters) – Eleven passengers and crew were killed on Friday evening when their plane crashed near an airfield in Hawaii, authorities said, during what broadcasters said was a skydiving trip.

The twin-engine King Air plane, with eleven people onboard, went down soon after takeoff from Dillingham Airfield and there were no survivors, the Hawaii Department of Transportation (HDOT) said.

The fire service said the aircraft was engulfed in flames when fire crews arrived. “We are still gathering information as to the intent of the flight and what they were doing,” Honolulu Fire Department Chief Manuel Neves told a news conference.

The news report said the plane was on a skydiving excursion and the Federal Aviation Administration would investigate the crash.

The HDOT said Federal inspectors are continuing to investigate the cause of the crash.

Dillingham is a joint-use airfield operated by the HDOT under a 25-year lease from the U.S. army, according to its website.

Korean Air to Buy 30 Boeing 787 Planes for $9.67 Billion

SEOUL (Reuters) – South Korea’s biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion.

The company said in a statement that it will buy 20 Boeing 787-10s and 10 more 787-9s to add to its existing fleet.

It is the first purchase for a South Korean carrier of a 787-10 model, the largest member of the Dreamliner family, the company said.

(Reporting by Hayoung Choi, Joori Roh; Editing by Shri Navaratnam)

Airbus Signs Amended A400M Deal With Buyer Countries

FILE PHOTO: An Airbus A400M aircraft flies during a display on the first day of the 52nd Paris Air Show at Le Bourget airport near Paris

PARIS (Reuters) – Airbus said on Friday it had signed an agreement with European buyer countries for a revised contract for its delayed A400M military transporter plane.

Reuters reported on Thursday that the parties had reached an agreement on a new contract.

Airbus said the agreement with OCCAR, which represents Germany, France, United Kingdom, Spain, Turkey, Belgium and Luxembourg, included key points such as new capabilities development plan, a new production delivery schedule and new financial terms.

Under the new financial terms, it said the partners agreed on the implementation of a revised financial retention mechanism which is the amount of cash that buyer countries can hold back while waiting for delayed deliveries.

“On the basis of this contract amendment signature, Airbus is fully committed to continue on this positive path and to providing its A400M current and future customers with the most powerful and technologically advanced military transport aircraft available on the market,” said Dirk Hoke, Chief Executive Officer of Airbus Defense and Space.

(Reporting by Tim Hepher; Writing by Bate Felix. Editing by Jane Merriman)

Boeing May Deliveries Fall 56% on 737 MAX Groundings

FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington

(Reuters) – Boeing Co said on Tuesday it handed over 56% fewer airplanes in May, compared with a year earlier, as deliveries of its top-selling 737 MAX jet remained suspended following a deadly crash in March.

Total deliveries fell to 30 planes, compared with 68 in 2018. Net orders for the first five months remained in negative territory, with a total of minus 125 net orders.

The company has been facing its worst ever crisis after an Ethiopian Airlines’ 737 MAX plane crashed, killing all 157 people on board, in the second fatal accident involving the jet in just five months.

Boeing reiterated on Sunday it was working with global regulators to certify a software update for the jet as well as related training and education material to safely return the plane to service.

Global airlines that had rushed to buy the fuel-efficient, longer-range aircraft have since canceled flights and scrambled to cover routes that were previously flown by the MAX.

European rival Airbus SE delivered 81 aircraft in May, up 59% from last year and 313 in the January-May period, a rise of 40%.

Boeing shares were down 0.6% at $351.44 in morning trade.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Anil D’Silva)

United Technologies & Raytheon to Create Defense Giant

United Technologies, Raytheon to create $120 billion aerospace and defence giant

(Reuters) – United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger.

The deal would reshape the competitive landscape by forming a conglomerate which spans commercial aviation and defense procurement. United Technologies provides primarily commercial plane makers with electronics, communications and other equipment, whereas Raytheon mainly supplies the U.S. government with military aircraft and missile equipment.

While United Technologies and Raytheon have some common customers, their business overlap is limited, an argument the companies plan to make once U.S. antitrust regulators start scrutinizing the merger.

However, the two major commercial aircraft makers, Boeing Co and Airbus SE, as well as the Pentagon, have been known to use their significant purchasing power to seek concessions from their suppliers and may not welcome a potential lessening in competition among them.

When United Technologies rebuffed an acquisition offer from Honeywell International Inc in 2016, United Technologies chief executive Greg Hayes justified the decision partly by predicting that Boeing and Airbus would never accept having a supplier that would “build the plane from tip to tail.”

United Technologies has said it is on track to separate its Carrier air conditioning and Otis elevator businesses, leaving the company focused on its aerospace business through its $23 billion acquisition of Rockwell Collins, which was completed in 2018, and the Pratt & Whitney engines business.

Chinese authorities scrutinized the acquisition of airplane parts maker Rockwell Collins closely, given the companies’ footprint in that country’s market. This resulted in the deal closing in November 2018, as opposed to the targeted third quarter.

Trade tensions between the United States and China were blamed at least partly by analysts for that delay, but a source close to the deal said the companies did not expect this to be repeated because Raytheon does not do business in China.

Under the deal announced on Sunday, Raytheon shareholders will receive 2.3348 shares in the combined company for each Raytheon share. The merger is expected to result in more than $1 billion in cost synergies by the end of the fourth year, the companies said.

United Technologies shareholders will own about 57% of the combined business, called Raytheon Technologies Corporation, which will be led by Hayes. Raytheon shareholders will own the remaining stake, and Raytheon CEO Tom Kennedy will be named executive chairman. The companies negotiated the terms over several months, according to the source, who requested anonymity discussing the confidential deliberations.

The deal has been structured so that no shareholder of either company will receive a premium. United Technologies and Raytheon have market capitalizations of $114 billion and $52 billion, respectively.

The deal is expected to close in the first half of 2020.

The newly created company is expected to return between $18 billion and $20 billion of capital to shareholders in the first three years after the deal’s completion, the companies said. The new company will also assume about $26 billion in net debt, they added.

DEFENSE SPENDING RISE

Raytheon, maker of the Tomahawk and the Patriot missile systems, and other U.S. military contractors are expected to benefit from strong global demand for fighter jets and munitions as well as higher U.S. defense spending in fiscal 2020, much of it driven by U.S. President Donald Trump’s administration.

However, Pentagon spending is projected to slow down after an initial boost under Trump. A deal with United Technologies would allow Raytheon to expand into commercial aviation.

Conversely, United Technologies could benefit from reducing its exposure to commercial aerospace clients amid concerns that the rise of international trade protectionism will suppress economic growth and weigh on the flow of goods through air traffic.

The International Air Transport Association, which represents about 290 carriers accounting for more than 80% of global air traffic, cited these concerns earlier this month, when it said the industry is expected to post a $28 billion profit in 2019, down from a December forecast of $35.5 billion.

The deal with Raytheon could put pressure on General Electric Co, which competes with United Technologies for commercial aerospace clients, to seek scale. It could also push other defense contractors, such as Lockheed Martin Corp, to explore expanding their commercial businesses.

Last year, military communication equipment providers Harris Corp and L3 Technologies Inc announced an all-stock merger that, once completed, will create the sixth-largest U.S. defence contractor.

Morgan Stanley, Evercore Inc and Goldman Sachs Group Inc were financial advisers to United Technologies, while Wachtell, Lipton, Rosen & Katz was its legal adviser. Citigroup Inc was financial adviser to Raytheon, and RBC Capital Markets LLC provided a fairness opinion. Shearman & Sterling LLP was legal adviser to Raytheon.

(Reporting by Harry Brumpton and Kate Duguid in New York; Additional reporting by Mike Stone in Washington and Rama Venkat in Bengaluru; Editing by Richard Chang and Rosalba O’Brien)

Alaska Mid-Air Seaplane Crash Leaves 6 Dead

ANCHORAGE, Alaska (Reuters) – Searchers found the bodies of the last two Alaska seaplane crash victims on Tuesday evening, after a hunt through the debris and frigid waters following a mid-air collision that left a total of six people dead and 10 injured, officials said.

“The last two people were found. They were found deceased,” said U.S. Coast Guard Chief Petty Officer Matthew Schofield.

The discovery of the bodies closes the search at the scene where the two seaplanes crashed after colliding over the inlet waters near Ketchikan, in southeastern Alaska, Schofield said.

Work at the crash site will now shift to an investigation into what led the two planes, which were ferrying Princess Cruises passengers on sightseeing expeditions, to strike each other and fall into the waters of George Inlet.

A team of 14 National Transportation Safety Board investigators has been sent to the site and divers will start working on Wednesday to pull up the wreckage of the two planes.

The two missing people, an Australian and a Canadian, were among 14 passengers from a Princess Cruises ship who boarded two seaplanes operated by separate tour companies in the town of Ketchikan on Monday, the cruise line said.

A 14-member team from the NTSB began investigating the crash on Tuesday and is unlikely to determine the cause during the week the team will be at the scene, NTSB board member Jennifer Homendy told a news conference.

Ten people survived but were injured in the collision, which took place over open water during daylight, the Coast Guard said. The dead include one of the pilots. The victims were not immediately identified.

Three of the injured were in serious condition and seven in fair condition, Dr Peter Rice, medical director of the PeaceHealth Ketchikan Medical Center, told a separate news conference.

The water temperature off Ketchikan on Tuesday was 48 Fahrenheit, according to the National Weather Service. Expected survival time in 40-50F (4-10C) is one to three hours, according to the United States Search & Rescue Task Force website.

The investigators will be collecting information from the survivors, the Federal Aviation Administration, any other witnesses who might have been in the area, flight logs, training records and other sources, including the wrecked planes, Homendy said.

“We still have to recover the planes and then we have to look at those. It takes some significant work to really understand how the two came together,” she said.

All of the planes’ passengers arrived in Ketchikan on the cruise ship Royal Princess during a seven-day trip between Vancouver, British Columbia, and Anchorage, Alaska, Princess Cruises said.

Ten passengers and a pilot were aboard one float plane, a de Havilland Otter DHC-3, operated by Taquan Air. Four passengers and a pilot were aboard the second float plane, a de Havilland DHC-2 Beaver, run by Mountain Air Service of Ketchikan.

The crash site, at Coon Cove about 300 miles (480 km) south of Juneau, Alaska’s capital, lies near a tourist lodge that runs excursions to the nearby Misty Fjords National Monument.

Ketchikan-based Taquan Air said the plane was returning from a sightseeing tour of Misty Fjords when the crash occurred.

Reporting by Yereth Rosen in Anchorage; additional reporting by Rich McKay in Atlanta and Barbara Goldberg in New York; Editing by Bill Tarrant, Cynthia Osterman and Leslie Adler

Biman Bangladesh Airplane Skids Off Runway in Yangon

YANGON (Reuters) – A Biman Bangladesh Airlines plane skidded off the runway when it landed in bad weather at Yangon’s international airport on Wednesday evening, injuring at least 17 people, officials said.

The Bombardier Dash 8 aircraft was carrying 29 passengers and four crew when it bounced while landing during heavy winds in Myanmar’s commercial capital, Bangladesh’s ambassador said. The plane was severely damaged.

The 17 who sustained mostly minor injuries were admitted to a local hospital, Manjurul Karim Khan Chowdhury, told Reuters.

“The main reason, the pilot told me, was the weather – crosswinds,” he said, “When he was trying to land… suddenly the aircraft jumped, went up and went down heavily.”

A photo published by the Myanmar Times showed the plane halfway off the runway with its fuselage apparently broken.

Shakil Miraj, general manager for Biman Bangladesh, also blamed bad weather for the crash.

The airline flies between Yangon and Bangladesh’s capital Dhaka four days a week.

A spokesman for Myanmar’s Department of Civil Aviation declined to comment, saying the department had not received a report of the incident from the ground.

Reporting by Thu Thu Aung, Simon Lewis, and Poppy McPherson in Yangon and Ruma Paul in Dhaka; Editing by Frances Kerry and John Stonestreet

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