TOMORROWS TRANSPORTATION NEWS TODAY!

Tag: Express (Page 7 of 7)

Canada’s Answer to Tesla Is a $15,500 Electric 3-Wheeler

(Bloomberg) — It’s all-electric like a Tesla. It’s priced like a Ford Fiesta. It’s one of the oddest-looking vehicles you’ve ever seen — and it may just redefine the commuter car.

As General Motors Co. prepares to shut the plant near Toronto that got car-making started in Canada more than a century ago, a new model is taking shape in a tiny production facility in Vancouver’s outskirts.

Meet the Solo — a one-seater vehicle made by Electra Meccanica Vehicles Corp. that costs $15,500. By December, 5,000 will be zipping around the streets of Los Angeles, with an additional 70,000 to be delivered over the next two years across the West Coast. Electra Meccanica may have a market value of just $80 million, yet it has $2.4 billion in pre-orders. The stock almost doubled in New York Wednesday.

Click the link for the full story! https://finance.yahoo.com/news/tesla-apos-latest-competitor-15-220000179.html

The company also has designs on the 4-wheel market…

SkyWest Airlines Wins Essential Air Service Contract for Prescott, AZ

PRESCOTT, AZ (July17, 2018) – In keeping with the recommendation by the City of Prescott and the Town of Prescott Valley, the U.S. Department of Transportation has selected SkyWest Airlines, operating as United Express, to provide Essential Air Service (EAS) at Prescott Municipal Airport (PRC) for a period of two years, beginning in late August, 2018.

United Express will operate 50-seat CRJ 200 jets from Prescott, with roundtrip flights daily to Denver, and six days a week to Los Angeles, every day except Saturday. Prescott Airport Director, Dr. Robin Sobotta, notes that passengers will be able to connect through Denver or LA to hundreds of destinations throughout the world.

Click the link below for the full story!

SkyWest Airlines to Serve Prescott, AZ

Image from www.skywest.com

Boeing Gets Farnborough 777-F Order

The Farnborough International Airshow kicked off today, with Boeing Co. (NYSE: BA) 777 Freighters pushed to the limelight as logistics and airline companies finalized their orders for fleet expansion. The 777 Freighter is an all-cargo version of the 777-200 longer-range passenger liner. Boeing rolled out the first 777 Freighter in 2008, and the aircraft’s sales have been going strong ever since.

Click the link below for the full story!

Boeing Gets Farnborough 777-F Order

FedEx Announces Order for 24 Medium and Large Freighters

Boeing and FedEx Express today announced a new order for 12 767 Freighters and 12 777 Freighters as the world’s largest air cargo carrier continues to invest in the industry’s most capable freighters to better serve its customers.

“We are taking another positive step in our fleet modernization program as we add more efficient, lower emission aircraft to our global fleet,” said David L. Cunningham, President and CEO of FedEx Express. “The Boeing 767 and 777 Freighters have brought greater efficiency and reliability to our air operations. The 777, with its tremendous range characteristics, has allowed us to provide faster transit times around the globe. We are excited to add more of these aircraft to our fleet.”

The new airplanes, valued at $6.6 billion at list prices, will appear on Boeing’s Orders and Deliveries webpage once contingencies have been met.

This order comes as the air cargo industry continues to gather strength. A year after demand grew by nearly 10 percent, global air freight is on track to increase by another four to five percent in 2018.

Air cargo carriers are adding capacity to keep up with demand, either by converting passenger airplanes into freighters or ordering new production cargo jets. With the latest order from FedEx Express, Boeing has sold more than 50 widebody freighters in 2018.

“We are honored that FedEx has again placed its trust on the wings of the Boeing 767 and 777. This repeat order is a big vote of confidence in Boeing’s market-leading freighter family and the long-term outlook for air freight,” said Kevin McAllister, president and chief executive officer, Boeing Commercial Airplanes.

FedEx Express and Boeing have a long-standing partnership. The express carrier is a major operator of the Boeing 757 Freighter and the largest operator of the 767 Freighter and 777 Freighter. FedEx is also a customer of Boeing’s Global Services business.

Photo and story from: www.boeing.com

Houston losing its only nonstop flight to Africa

A charter flight between George Bush Intercontinental Airport (IAH) and the continent of Africa reportedly will end this month.

Known as the “Houston Express,” the 7,700-mile flight is operated by Atlas Air Worldwide Holdings (Nasdaq: AAWW) on behalf of SonAir Airline Services SA, a subsidiary of Angolan national petroleum company Sonangol Group. It would fly between IAH and Luanda, Angola, a few times per week throughout the year and is set to end March 28, according to reports from the Houston Chronicle, PointsPros Inc. travel blog One Mile at a Time and aviation news site Airline Geeks.

Click the link below for the full story!

Houston losing only nonstop to Africa

Hong Kong Express expects six-month A320neo delivery delay

SINGAPORE (Reuters) – Hong Kong Express Airways Ltd expects at least a six-month delay in deliveries of new Airbus SE (AIR.SE) A320neo jets due to issues with engines made by Pratt & Whitney, according to an internal memo issued by the airline.

The budget carrier has grounded one plane in Hong Kong until May due to a lack of spare engines after the jet made a mid-air turn-back due to engine issues last month, said a person with knowledge of the matter who was not authorized to speak publicly and so declined to be identified.

Another one of its five A320neos remains on the ground at the Airbus final assembly line site in Hamburg and has yet to be delivered to Hong Kong because one of its engines needs a fix, according to a memo to pilots seen by Reuters on Thursday.

The U.S. aviation regulator on Wednesday said the engines from Pratt & Whitney – a unit of United Technologies Corp (UTX.N) – posed a potential shutdown risk, in a formal warning that followed similar action by European regulators on Feb. 9.

India’s largest airline, IndiGo, owned by InterGlobe Aviation Ltd (INGL.NS), said on Feb. 10 it had grounded three jets due to issues with Pratt & Whitney engines.

Pratt & Whitney’s priority is to obtain replacement engines for all of the affected jets globally, said the Hong Kong Express memo, the contents of which were first reported by the South China Morning Post earlier on Thursday.

The memo said that could take months, while new A320neos on the production line could be delayed for “six months or more”.

Because replacement engines will need testing, Hong Kong Express is “seriously considering” not introducing any new A320neos into its fleet until next year at the earliest, the memo said.

Representatives of Hong Kong Express – part-owned by HNA Group Co Ltd – were not immediately available for comment. The South China Morning Post reported that Hong Kong Express said the memo had been issued to provide relevant details about the fleet and operations to its cockpit crew.

Airbus on Thursday said it was assessing the impact the engine issue would have on 2018 deliveries.

Pratt & Whitney did not respond immediately to a request for comment. The engine maker on Monday said it would discuss the potential affect of the problem on 2018 engine production after regulators respond to its proposed fix. (Story by Jamie Freed)

Newer posts »