Tag: Develop (Page 6 of 10)

Alstom to present Italy’s first hydrogen powered train at EXPO Ferroviaria 2023

October 1, 2023 / WIL BALDWIN

28 September 2023 – Alstom SA (Paris: ALSO), global leader in smart and sustainable mobility, will be present at EXPO Ferroviaria 2023, the exclusive B2B exhibition in Italy dedicated to the railway industry, taking place from 3rd to 5th of October 2023 at Fiera Milano Rho. Throughout the event, Alstom will showcase a wide range of solutions and technologies to consolidate its position as a leader in smart and sustainable mobility.

At 12:45 p.m on October 3rd, during the event’s opening day, Alstom and FNM will hold an official ceremony attended by key institutions, customers and partners. During this event, both companies will together unveil the hydrogen-powered Coradia Stream, a hydrogen train with zero direct carbon emissions equipped with fuel cells. This train is set to enter commercial service in Valcamonica, running along the non-electrified Brescia-Iseo-Edolo line operated by Ferrovienord and Trenord. This marks the train’s debut appearance in Italy.

Additionally, on the event’s first day, at 3 p.m., visitors can join Alstom and Infra.to at the Alstom booth n°E48 located in the EXPO Ferroviaria venue, for the official presentation of the new Metropolis train for Line 1 of the Turin Metro. This presentation will also showcase the state-of-the-art Urbalis driverless radio signalling system.

Eve and Moviation Sign Letter of Intent for First eVTOL Urban ATM for South Korea

October 1, 2023 / WIL BALDWIN

Melbourne, Florida, September 28, 2023 – Eve Air Mobility (NYSE: EVE) and Moviation, South Korea’s first Urban Air Mobility (UAM) service provider, announced the signature of a Letter of Intent to purchase Eve’s Urban ATM solution. The software solution will be a key enabler to the implementation and scalability of Urban Air Mobility (UAM) and provides critical traffic management services that will play an essential role in enabling the global UAM market to scale.

The agreement comes as Eve’s Urban ATM (Air Traffic Management) concept has been adopted as part of Korea’s K-UAM Grand Challenge. The Challenge is a phased demonstration program in which Urban Air Mobility (UAM) vehicle safety and traffic management solutions are tested in urban conditions and environments for suitability to support the commercialization of UAM in 2025.

From before take-off to after landing, the urban air environment will count on integrated systems, services and technologies being developed by Eve to enable the safe launch of an efficient and predictable ecosystem to support eVTOL operations alongside many other airspace users. In the future, the advancement of infrastructure and regulation will rely on these network management services to enable autonomous flight.

A.P. Moller – Maersk opens doors to new warehouse in Douala, Cameroon

September 23, 2023 / WIL BALDWIN

A.P. Moller – Maersk AS (OTC: AMKBY) opens new warehousing & distribution (W&D) facility, spread over 16,000 sq.m. inside the Douala Port zone and powered by a cutting-edge system, will serve mainly the growing demand for FMCG cargo and, potentially, other strategic verticals in Central Africa.

The state-of-the-art facility with modern WMS will provide customers with accurate and real-time visibility of their inventory. Full traceability using lot, batch, and serial numbering will ensure efficient movement of goods. Ultimately, the optimised operations using technology will aid in reducing waste and inventory errors and provide an improved experience to customers.

Maersk has a clear goal of being Net Zero by 2040, and every new investment being made has deep considerations in terms of the decarbonisation of logistics. The new facility by Maersk in Douala is no exception. 100% internal lighting will be done using low-consumption LED lights, and all external lighting will be powered by solar energy. All forklifts required in the W&D operations will be battery-operated and charged using solar energy. At the beginning of operations, 15% of the site’s electricity requirements will be fulfilled by solar panels installed at the site itself, with a plan to scale up in the coming years.

Maersk’s customers will get several benefits by utilising this facility for bonded as well as non-bonded storage and distribution. Bundled with ocean transportation, customs clearances, intermodal transportation and other services, Maersk will provide truly integrated logistics solutions to its customers. Such a solution also adds greater control over supply chains and offers higher resilience. With everything put together, customers will get cost advantages, too, as all their logistics requirements get fulfilled under the same roof.

Air Lease Corporation announces Airbus A330-200 placement with HiSky

September 19, 2023 / WIL BALDWIN

Los Angeles, California, September 18, 2023, Business Wire – 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.

KiwiRail re-opens rail line to Napier in cyclone Gabrielle recovery milestone

September 18, 2023 / WIL BALDWIN

The reopening of the rail line to Napier – allowing rail freight to once again get to Napier Port – is an important step for the Hawke’s Bay cyclone recovery, KiwiRail Chief Executive Peter Reidy says. Scheduled freight services resumed Monday, September 18, following a seven month pause after the rail line was badly damaged by Cyclone Gabrielle.

Cargo that is typically carried by rail includes chilled and frozen meat, wood products such as logs, pulp and timber, food products and imported machinery and consumables used in manufacturing. Following the cyclone in February, KiwiRail reopened the Palmerston North – Gisborne Line to Hastings at the start of April. Temporary Container Terminal sites were also set up in partnership with Napier Port, transport operators and cargo customers so that freight could be railed to Hastings, then trucked to Napier.

The section of line between Hastings and Napier, particularly around Awatoto, was badly damaged in the cyclone, with track and embankments washed away, and major damage to Bridge 217, which lost piers and spans in the floods. The work included rebuilding two-metre-high embankments, replacing 800 sleepers, 140 metres of rail, laying 3,000 cubic metres of formation (the rock foundation under the tracks) and 3,500 tonnes of ballast.

KiwiRail also railed steel casings to Hastings from Christchurch for replacement bridge piers on Bridge 217 – which have been driven 30 metres into the riverbed. The rebuild of Bridge 217 is temporary, in order to get rail freight moving as quickly as possible. A permanent new bridge will be designed and built over the next couple of years.

Southwest Airlines named Best Airline For Families in Money magazine’s list of 2023 travel awards

September 16, 2023 / WIL BALDWIN

Dallas, Texas, September 15, 2023 – Southwest Airlines Co. (NYSE: LUV) was named Best Airline for Families on MONEY magazine’s 2023 Travel Awards list. MONEY recognized Southwest Airlines for its Family Boarding process, two free checked bags,¹no change²or cancellation³ fees, and creating a flexible travel experience at a low cost. Southwest Customers also enjoy family-friendly content for free on the Inflight Entertainment Portal.⁴

“Families on the go turn to Southwest for more than our low fares and flexible policies,” said Jonathan Clarkson, Vice President of Marketing at Southwest Airlines. “We know families traveling together are looking for a comfortable and smooth travel experience, and our People take great pride in delivering their legendary Hospitality every step of the way.”

MONEY’s Best Airlines List assessed 10 major U.S. based carriers utilizing various criteria from multiple data resources to evaluate customer satisfaction with an airline’s network size, rewards programs, and policies.

For more information on Southwest’s flexible policies, visit Southwest.com.

1. First and second checked bags; weight and size limits apply.
2. If a Customer needs to change an upcoming flight itinerary, they’ll only pay the cost in fare difference.
3. Failure to cancel a reservation at least 10 minutes prior to scheduled departure may result in forfeited flight credits.
4. Where available. Available only on WiFi-enabled aircraft. Limited-time offer.

SMBC Aviation Capital orders 25 Boeing 737 MAX jets

September 13, 2023 / WIL BALDWIN

Seattle, Washington, September 13, 2023, PRNewswire – Boeing [NYSE: BA] and SMBC Aviation Capital announced today the airplane lessor is ordering 25 737-8s. The new order increases SMBC’s backlog to 81 737 MAX jets focused on the market-leading 737-8.

With travel demand surging around the globe, lessors are looking to increase their single-aisle portfolios to provide airlines with more fuel-efficient jets capable of operating across various route networks.

The 737-8 provides flexibility across airline’s networks while reducing fuel use and emissions by up to 20% and on average. Each airplane will save up to 8 million pounds of CO₂ emissions annually compared to those airplanes it replaces. Boeing has secured more than 400 737 MAX family orders in 2023.

The 737-8 seats 162 to 210 passengers depending on configuration with a range of 3,500 nautical miles and operates profitably on short- and medium-haul routes.

Heart Aerospace & Honeywell to collaborate on Flight Controls for ES-30 electric airplane

September 11, 2023 / WIL BALDWIN

Swedish electric airplane maker Heart Aerospace and Honeywell, a leader in aerospace technology, have announced a collaboration to integrate Honeywell’s next-generation flight control system into the new ES-30 regional electric airplane.

Honeywell International Inc (NASDAQ: HON) was selected by Heart Aerospace for the Joint Definition Phase of Heart’s ES-30 airplane, and the goal, once the phase has been completed successfully, is to fully integrate Honeywell’s compact Fly-by-Wire system into development for production.

Honeywell’s next-generation compact Fly-by-Wire system is in an advanced stage of development on multiple aircraft, and its functions are adaptable to the ES-30, allowing Heart to bring its airplane to market quickly and cost-effectively.

The ES-30 is a regional electric airplane with a 30-passenger standard seating capacity and is driven by electric motors powered by batteries. It will have a fully electric zero-emissions range of 200 kilometers, an extended hybrid range of 400 kilometers with 30 passengers, and flexibility to fly up to 800 kilometers with 25 passengers, all with typical airline reserves.

Heart Aerospace has 250 firm orders for the ES-30, with options and purchase rights for an additional 120 planes.

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.

Lockheed Martin unveils Slovakia’s first F-16 block 70 aircraft

September 10, 2023 / WIL BALDWIN

Greenville, South Carolina, September 7, 2023 – The first F-16 Block 70 aircraft for the Slovak Republic was unveiled at Lockheed Martin’s (NYSE: LMT) facility in Greenville, South Carolina, during a visit from the country’s Minister of Defence, Martin Sklenar.

The Slovak Republic will be the first European country to receive this newest and most capable version of the Fighting Falcon. The F-16 Block 70 aircraft will deliver decades of 21st Century Security capabilities in support of the Slovak Republic’s national security.

This F-16 Block 70 jet is the first of 14 to be delivered to the Slovak Republic.

Archives