Tag: announce (Page 6 of 11)

Union Pacific Railroad Collaboration and Visibility Provide Supply Chain Solutions

October 27, 2021 / WIL BALDWIN

LOS ANGELES, CALIFORNIA, OCTOBER 27, 2021 – The Port of Long Beach (POLB), the Utah Inland Port Authority (UIPA), and Union Pacific Railroad (NYSE: UNP) announced today a bold initiative that brings rapid relief from existing port congestion by optimizing rail deliveries between California and Utah.

The initiative is the first implementation of an agreement between POLB and UIPA that focuses on reducing congestion and cost associated with cargo movement through the corridor by optimizing the existing on- and near-dock rail system of the Port of Long Beach to reduce dwell times and improve the speed and consistency of rail deliveries to and from Utah.

Millions of TEUs of international goods are imported to or exported from the Intermountain West annually, but only 10% of this cargo currently moves by rail. This initiative aims to provide consistent, reliable movement of cargo on rail that improves fluidity and reduces delays of shipments already set to come to the Intermountain region, rather than increase cargo volume.

Loading 100 intermodal rail cars equates to 300 trucks off the road. An analysis by the Association of American Railroads concluded railroads are, on average, four times more fuel efficient than trucks and moving freight by rail instead of truck lowers greenhouse gas emissions by 75 percent.

Improving visibility of cargo is also a key component to untangling the supply chain and improving capacity. UIPA has announced the Intelligent Crossroads Network (“ICN”), a private 5G and artificial intelligence network built in partnership with QuayChain Technologies that will allow cargo tracking, monitoring and planning, and even greater efficiencies for users throughout the corridor connecting Long Beach and Utah.

Embraer Eve and Helipass Partner to Expand UAM Operations in France and Beyond

September 20, 2021 / WIL BALDWIN

Melbourne, Florida, September 20, 2021 – Embraer (NYSE: ERJ) Eve Urban Air Mobility Solutions and Helipass, SAS, today announced a new collaboration to accelerate and deploy electrical vertical takeoff and landing (eVTOL) aircraft, also known in the market as EVA (Electrical Vertical Aircraft), across France and Europe. The partnership aims to fly Eve’s electric aircraft for a total of 50,000 flight hours per year. This could lead to an optional increase of 100,000 annual flight hours across Helipass’ network.

Helipass plans to open digital bookings on its platform to offer an innovative and seamless user experience to customers throughout its network. To support the expansion of this partnership, Eve will work with Helipass to develop training, on-site support, and technical publications to facilitate the launch of EVA commercial operations.

Following the commercial introduction of the EVA, which is planned for 2026, both companies will endeavor to launch Eve’s EVA aircraft across Helipass’ markets. These flights will include sightseeing, city and airport transfers, as well as a growing on-demand service.

Both parties will look into growing the service beyond this agreement to include additional use cases, as well as the requisite services needed to support the scalability of Urban Air Mobility (UAM) products in Helipass’ core markets.

Embraer and CommutAir Announce Pool Program Agreement

July 19, 2021 / WIL BALDWIN

Embraer has signed a long-term Pool Program agreement with CommutAir, a United Express carrier, to support the airline’s ERJ 145 jet fleet. This new contract includes full repair coverage for components and parts, as well as access to a large stock of components at Embraer’s distribution center in Fort Lauderdale, Florida. Currently, the Pool Program supports more than 50 airlines worldwide.

With a total of 168 aircraft under lease, CommutAir now maintains the largest ERJ 145 fleet in the world, recently becoming the sole regional partner to operate the ERJ145 for United Airlines. Under this agreement, CommutAir and United will consolidate their ERJ 145 spare component inventory with Embraer’s Pool program to improve stock levels and reliability. In April 2021, CommutAir selected Embraer Aircraft Maintenance Services (EAMS) in Macon, Georgia, as one of its primary heavy maintenance providers for the airline’s fleet of ERJ145 aircraft. The agreement includes airframe maintenance, modifications and repair services.

Embraer’s Pool Program is designed to allow airlines to minimize their upfront investment on high-value repairable inventories and resources and to take advantage of Embraer’s technical expertise and its vast component repair service provider network. The results are significant savings on repair and inventory carrying costs, reduction in required warehousing space, and the virtual elimination of the need for resources required for repair management, while ultimately providing guaranteed performance levels.

SMBC Aviation Capital Orders 14 Additional Boeing 737 MAX Jets

May 25, 2021 / WIL BALDWIN

SEATTLE, May 25, 2021 /PRNewswire/ — Boeing [NYSE: BA] and SMBC Aviation Capital today announced the lessor is positioning its portfolio for air traffic recovery by ordering 14 additional 737-8 jets, growing its 737 MAX portfolio. The new order comes as airlines prepare for a robust return to air travel and modernize their narrowbody fleets to reduce fuel use and carbon emissions.

The new purchase builds SMBC Aviation Capital’s 737 MAX portfolio to 121 jets, expanding their investment in Boeing’s single-aisle family. SMBC Aviation Capital also continues to incorporate new 737 MAX airplanes into the global fleet. In the first quarter of 2021, the lessor delivered 13 737-8s to customers, including 11 planes to Southwest Airlines in the U.S. and two planes to TUI in Europe.

The SMBC Aviation Capital purchase follows recent orders and commitments from Alaska Airlines, Southwest Airlines and United Airlines. The total number of gross orders and commitments for the 737 MAX this year now exceeds 250 airplanes.

A member of the 737 MAX family, the 737-8 is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The 737-8 can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, reducing fuel use and CO2 emissions by 16% and also reducing operating costs.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity.

Embraer and Breeze Airways Announce Pool Program Agreement

May 10, 2021 / WIL BALDWIN

Embraer (NYSE: ERJ) has announced that it has signed a long-term Pool Program Agreement with the U.S. carrier Breeze Airways to support a wide range of repairable components for the airline’s E190s and E195s fleet. The agreement includes full repair coverage for components and parts, as well as access to a large stock of components at Embraer’s distribution center, which will support the start of the airline’s operation.

The program will provide the most efficient and reliable solutions to Breeze’s E-Jets fleet. The airline will benefit from the availability of spare parts, enjoy significant savings on repair and service costs, and maintain a profitable operation. Currently, the Pool Program supports more than 50 airlines worldwide.

Embraer’s Flight Hour Pool Program is designed to allow airlines to minimize their upfront investment on high-value repairable inventories and resources and to take advantage of Embraer’s technical expertise and its vast component repair service provider network. The results are significant savings on repair and inventory carrying costs, reduction in required warehousing space, and the virtual elimination of the need for resources required for repair management, while ultimately providing guaranteed performance levels.

Boeing Expands Capacity for 737-800BCF to Meet Strong Customer Demand

May 6, 2021 / WIL BALDWIN

SEATTLE, Washington May 5, 2021— As express and e-commerce markets continue to drive strong demand for production and converted freighters, Boeing [NYSE: BA] today announced a new partnership with a Costa Rica-based maintenance, repair and overhaul (MRO) provider to create additional conversion capacity for the 737-800 Boeing Converted Freighter.

Boeing will open two 737-800BCF conversion lines with Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Alajuela, Costa Rica. The first of the new conversion lines is expected to open in early 2022, with the second anticipated later that year. Boeing forecasts 1,500 freighter conversions will be needed over the next 20 years to meet growing demand. Of those, 1,080 will be standard-body conversions, with nearly 30% of that demand coming from North America and Latin America.

Currently, Boeing converts 737-800 passenger airplanes to freighters at three locations: Boeing Shanghai Aviation Services (BSAS) in Shanghai, China; Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) in Guangzhou, China; and Taikoo (Shandong) Aircraft Engineering Co. Ltd. (STAECO) in Jinan, China.

To date, the 737-800BCF has won more than 180 orders and commitments from 15 customers on four continents. In March, Boeing re-delivered the 50^th 737-800BCF since entering into service in 2018.

Dubai Aerospace Enterprise Orders 15 Boeing 737 MAX Jets

April 20, 2021 / WIL BALDWIN

SEATTLE, April 20, 2021 /PRNewswire/ — Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance.

The order will appear on Boeing’s Orders and Deliveries website once finalized.

Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to deepen our already strong relationship with Boeing. Including this order, we own and manage 162 Boeing aircraft. An increasing number of global aviation regulators are returning the MAX to the skies. We are confident in the success of these aircraft as domestic and regional air travel are seeing strong signs of recovery.”

The new purchase is DAE’s second investment in the 737 MAX in the past year. In the third quarter of 2020, the lessor signed an agreement with American Airlines to purchase and lease back 18 new 737-8 airplanes. Since the agreement, the lessor has delivered 17 of the jets to the U.S. carrier. DAE previously completed a similar purchase-leaseback deal with Brazilian carrier GOL for five 737-8s.

“DAE has been instrumental in helping its customers realize the operating economics and environmental performance of the 737-8. We are delighted that they have come back to add more 737 aircraft to its growth plan as it positions itself for the recovery in commercial passenger traffic,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. “We are honored by DAE’s trust in the 737 family and we look forward to partnering with them to serve the fleet requirements of airlines around the world.”

The 737-8 is a member of the 737 MAX family which is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The airplane can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, using 16% less fuel and significantly reducing CO₂ emissions and operating costs.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Dubai Aerospace Enterprise (DAE) Ltd. is a global aviation services company headquartered in Dubai. DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. DAE’s Engineering division serves customers in Europe, Middle East, Africa and South Asia from its state-of-the-art facility accommodating up to 15 wide and narrow body aircraft. It is authorized to work on 13 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.

Garmin G3000 Integrated Flight Deck Selected by Joby Aviation for eVTOL Aircraft

February 10, 2021 / WIL BALDWIN

OLATHE, Kan./Feb. 10, 2020/Business Wire – Garmin^® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced a long-term agreement to provide the state-of-the-art
Garmin G3000^® integrated flight deck to Joby Aviation for their revolutionary all-electric vertical takeoff and landing (eVTOL) aircraft, which is expected to commence commercial operations in 2024. Garmin has decades of experience deploying certified avionics solutions to new markets and this is continued with the touchscreen G3000 integrated flight deck for eVTOL aircraft in the Urban Air Mobility (UAM) market. The G3000 integrated flight deck has amassed extensive field service history, and with this derivation of the system into the eVTOL segment, it leverages that proven experience while offering advanced integration functionality in a compact design with unparalleled capabilities.

The modular Garmin G3000 integrated flight deck boasts light weight and vibrant high-resolution flight displays that support navigation, communication and flight sensor solutions and integrates seamlessly with Joby’s aircraft systems. Specifically tailored to meet the needs of eVTOL aircraft, the G3000 system that will be featured in Joby’s eVTOL aircraft delivers enhanced capabilities to optimize their air mobility service through tight integration with the vehicle mission computer and tailoring of flight guidance display indications. Further, the G3000 will be architected to provide the ability to efficiently facilitate future system upgrades as the Advanced Aerial Mobility (AAM) industry continues to evolve.

Joby Aviation is a California headquartered company developing an all-electric vertical takeoff and landing aircraft. After more than a decade of engineering and development, Joby intends to operate the aircraft as a fast, quiet and affordable air mobility service as early as 2024. The piloted, zero-emissions aircraft, will be capable of transporting four passengers up to 150 miles on a single charge, with a top cruising speed of 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. Designed for daily life, the aircraft lands vertically and provides flexibility and versatility to serve nearly any community.

AirAsia Boosts Supply Chain Capabilities With AC2 Group

January 4, 2021 / WIL BALDWIN

AirAsia Group, the world’s best low-cost carrier for 11 consecutive years, is proud to announce its partnership with AC2 Group to install Blue Yonder’s warehouse management solution (WMS) to digitally transform its supply chain capabilities and operational agility as the airline continues to boost domestic capacity in line with strong demand.

AirAsia Group Head, Supply Chain, Siva Indran said, “We have achieved another significant milestone today with the successful deployment of a digital supply chain across the Group. The Blue Yonder WMS uses data and advanced analytics to deliver greater efficiencies for the airline and enhanced benefits for our guests, such as providing the right products on specific flights based on passenger preferences. Additionally, efficiencies gained can be translated into more attractive deals onboard or for ordering home deliveries for example. We continue to innovate in order to be well prepared ahead of the expected global rebound in air travel in the near future.

“As AirAsia’s digital transformation continues to gather momentum, we want to make fintech services inclusive throughout our travel and lifestyle ecosystem. We have always been a digital airline and this is one of many recent technological enhancements put in place over recent times to make booking and flying with AirAsia more seamless than ever. We are pleased that the digital transformation of our supply chain network project has gone live successfully across all of our operational hubs in Asia. I want to thank our IT, operations, supply chain team and our supply chain partner, the AC2 Group, for their assistance to deploy this innovation across the Group so smoothly. The digital optimisation of our supply chain network comes at a great time as we are focused on resuming operations to pre-COVID-19 levels in all of our key markets as soon as possible.”

Managing Partner of AC2 Group, Aw Yang Uei, said, “A significant amount of effort has been put into architecting the solution to ensure it is robust, scalable and integrable with future technologies such as warehouse robotics. AirAsia has a highly creative vision in their omni channel fulfilment strategies, which requires agility in their supply chain. We are delighted and honored to be part of this digitalization journey, and it is a privilege to be working closely with all the professionals in AirAsia.”

President of Asia Pacific at Blue Yonder, Antonio Boccalandro, said, “Congratulations to AirAsia and AC2 Group on the successful deployment of Blue Yonder’s WMS. Our warehouse management system is one of our flagship solutions helping customers improve flexibility, real-time responsiveness and the ability to easily manage complex warehouse operations. We are proud to be part of AirAsia’s digital transformation journey, and we look forward to many more success stories from them.”

Qantas & Japan Airlines Form Tourism Recovery Business Venture

December 27, 2020 / WIL BALDWIN

Qantas and Japan Airlines (JAL) today announced plans to form a new joint business, designed to better serve customers travelling between Australia, New Zealand and Japan and support the tourism industry’s recovery when international flying resumes.

The airlines have submitted an application for authorisation to regulators in Australia and New Zealand, with a decision expected within six months. Subject to this regulatory approval, it is anticipated that the joint business would commence operations around July 2021, when Qantas has said it expects its international network to gradually restart.

The coordination made possible through a joint business would enable Qantas and JAL to ramp up flights between Australia and Japan sooner than would otherwise be possible. The airlines have flagged an intention to launch a new route between Australia and Japan and expect to announce details once regulatory approval is received, borders open and demand returns.

Under the proposed five-year agreement, the airlines would deliver substantial benefits for customers and help accelerate the recovery of the tourism, trade and corporate travel links between Australia and Japan, including:

An expanded codeshare relationship and optimised schedules on flights between Australia and New Zealand and Japan, opening up more connections to more destinations beyond the major city gateways. Qantas customers would have access to 14 new codeshare destinations in Japan and JAL customers would have access to 15 new codeshare destinations in Australia and New Zealand.
Enhanced frequent flyer benefits for Qantas and JAL customers, including improved earn of Qantas points or JAL miles on routes under the joint business beyond what is possible today, as well as the ability to upgrade using points or miles on each other’s services.
Improvements in the customer experience, including streamlined processes for disruption management and investments in product and service inflight and on the ground, designed to better serve the carriers’ joint customers.
More premium travel opportunities, with Qantas able to offer customers a greater number of Business and Premium Economy seats on flights operated by JAL.
Coordination of pricing, schedules, sales and tourism marketing to develop new and improved travel products, delivering more choice for customers.

Qantas Group CEO Alan Joyce said the joint business would play a vital role in reviving trade links with the world’s third largest economy and deliver significant benefits for customers travelling between Australia and Japan.

“Around half a million people visited Australia from Japan in 2019. We want to see that tourism resume and grow even further by making it easier for Japanese travellers to visit,” said Mr Joyce.

“The joint business means we’ll be able to build on our existing relationship with JAL through oneworld to offer more routes, better flight connections and more benefits to frequent flyers. It also helps us diversify our portfolio of joint businesses amongst Australia’s key trading partners.

“It will be a win for our customers, a win for trade and a win for the one million people who work in tourism across Australia.”

Japan Airlines President Yuji Akasaka added: “For over 50 years, JAL and Qantas have operated flights between Japan and Australia, demonstrating our mutual commitment to support and strengthen the diplomatic relationship built by the two countries.

“We believe that a joint business with Qantas will make for a quicker recovery between both countries with the ability to expand connectivity within each carrier’s respective domestic network, providing more customer choice and travel growth opportunities.”

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