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Air Lease Places Two New Airbus A321neo’s With Air Macau

LOS ANGELES–(BUSINESS WIRE)–

Today Air Lease Corporation (NYSE: AL; “ALC”) announced a long-term lease agreement for two new Airbus A321neo aircraft with Air Macau. Featuring Pratt & Whitney PW1133G engines, the aircraft will deliver from ALC’s order book with Airbus in November 2019 and the first quarter of 2020.

“ALC has worked closely with Air Macau’s management team since 2010 and we are pleased to strengthen our long-standing relationship with the airline with this announcement today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “We are committed to providing the most modern, fuel-efficient aircraft to ALC customers and these two new A321neo aircraft will significantly enhance Air Macau’s fleet operations.”

“We are honored to announce the placement of these two new A321neo aircraft with Air Macau today,” said Jie Chen, Executive Vice President and Managing Director, Asia of Air Lease Corporation. “ALC values our relationship with the airline and these two new placements contribute to our long-term association.”

“Air Macau is thrilled to announce the placement of these two new A321neo aircraft with ALC,” said Chen Hong, Chief Executive Officer of Air Macau. “We are focused on continually enhancing and modernizing our fleet with the very best aircraft available, and these two new A321neo from ALC are key to optimizing our fleet development.”

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.

About Air Lease Corporation (AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC’s website at www.airleasecorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181205005223/en/

FedEx Expands Fleet To Add 1,000 Chanje Electric Vans

(Reuters) – FedEx Corp said on Tuesday it plans to add 1,000 Chanje electric delivery vans to its fleet of vehicles in a bid to save on fuel and cut down on pollution.

The package delivery company will buy 100 Chanje V8100 vans from the Los-Angeles based startup and lease the remaining from U.S. truck rental company Ryder System Inc.

United Parcel Service Inc, FedEx and Deutsche Post AG unit DHL have faced pressure from regulators around the world to lessen the environmental impact of their fleets.

UPS, FedEx and DHL have placed orders for Tesla Inc’s all-electric Semis and already use Workhorse Group Inc’s electric vans.

The Chanje electric vans will have a range of more than 150 miles when fully charged, with maximum cargo capacity of about 6,000 pounds.

Last year, Ryder said it would order electric delivery vans from Chanje and become the exclusive U.S. sales and lease partner for the company.

The Chanje V8100 vans are manufactured by FDG Electric Vehicles Ltd, the startup’s main investor, in Hangzhou, China.

The vans would be used for FedEx’s commercial and residential pick-up and delivery services in California.

(Reporting by Arunima Banerjee in Bengaluru; Editing by Shounak Dasgupta)

Image from www.chanje.com

Megadeth Announces First-Ever Megacruise

MEGADETH has announced its first-ever Megacruise will take place starting on October 13, 2019 aboard the Norwegian Jewel. The 5 night journey will depart from Los Angeles, California, with stops in both San Diego, California and Ensenada, Mexico. The ship will return to Los Angeles on October 18, 2019.

The official web site states: “While there are dozens of daily performances by our featured artists, that’s just the beginning of the fan experience. Quite simply, the Norwegian Jewel will become the home of artists and fans, interacting in many different ways throughout the five-night voyage.

“This interactive experience affords you a variety of events and activities that will put you front and center with metal icons that have been an integral part of your life. From Artist Photo Experiences to Intimate Morning Coffee Jams, Music Clinics to Fan/Artist Sporting Competitions and more, there’s always a way to get up close and personal with your favorite artists.

“You might happen to bump into one of your faves at one of the Jewel’s many watering holes, or possibly share a moment at the Charity Auction…this is truly a once-in-a-lifetime experience.

Confirmed bands joining Megadeth for the cruise so far includes Anthrax, Armored Saint, BeastO Blanco, Corrosion Of Conformity, Danko Jones, Devildriver, Doro, John 5, Metalachi, Metal Church, and Testament.

For more information visit: Megacruise.com

United Airlines Adding To Boeing 787 Order Book

United Airlines placed an order today for an additional nine Boeing 787-9 aircraft worth an estimated $1.3 billion, with deliveries starting in 2020. The deal raises Boeing’s total 787 order book for 2018 to 105 aircraft, surpassing the 94 orders it received for all of 2017. United also announced that it will add the Boeing 787 Dreamliner on its routes between Newark and both Los Angeles and San Francisco.

The airline already operates a fleet of 25 of the 787-9, and 12 of the smaller 787-8. United now has a total of 13 Boeing 787-9’s on order, in addition to 14 of the larger 787-10 dreamliners.

United also stated today that Dreamliner aircraft operating the routes between San Francisco and Los Angeles to Newark will include United Polaris business-class and Premium Plus seats, but will not include access to the airline’s high-end Polaris Club lounges available at select United Airlines airports.

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

Bell Announces Partner For Its Urban Air Taxi

Fort Worth-based Bell partnered with French aerospace giant Safran to help manufacture its vertical take-off and landing aircraft concept, the companies announced Tuesday.

The concept, called VTOL for short, is Bell’s attempt to gain entry into the air taxi space. More than a year ago, Bell announced it was partnering with Uber Technologies Inc. to bring the air taxi idea to life. The Uber Elevate ride-hailing service is scheduled to debut in Dallas-Fort Worth, Los Angeles and Dubai in 2020 and Bell is one of a handful of companies working with Uber to make the air taxis.

Click the link below for the full story!

Bell Uber Air Taxi

SpaceX to Build Its Massive Interplanetary Rocket in LA

SpaceX will go through California on its way to Mars as the Big Falcon Rocket, the company’s vehicle for deep-space exploration, will be built in Los Angeles.

Late Monday, Los Angeles Mayor Eric Garcetti said in his State of the City address that the rocket that SpaceX and Tesla (TSLA) Founder Elon Musk wants to use to get to humans to Mars, would be built in the Port of L.A., confirming speculation after SpaceX started preliminary lease negotiations with the port in March.

Click the link below for the full story!

SpaceX Interplanetary Rocket

Southwest Airlines files for new service to Mexican beaches

Southwest Airlines has filed to offer new nonstop service from Los Angeles to 3 fabulous Mexican Beach destinations. The airline petitioned the Department of Transportation to grant it permission to operate new routes from the Los Angeles International Airport to the Mexican resort towns of Cancún, Puerto Vallarta, and San José del Cabo. Southwest Airlines is requesting to provide service twice a day to both Cancún and San José del Cabo, and once a day to Puerto Vallarta starting on November 6, 2016. The request needs extra bilateral authority from the DOT to allow the carrier to fly the routes during an interim period. The United States and México governments are still working together to finalize a new Aviation Agreement between the two countries that has already been agreed to in principle. According to some air fare trend analysis, the new competition in those three Los Angeles and México markets could drive fares down by more than 20%. Southwest Airlines already offers daily service from Los Angeles International Airport to Liberia, Costa Rica. The airline already serves four destinations in México from the United States.

southwest airlines

image from hardrock.com

To see a list of the 8 best Mexican Beaches, click this link: usnews.com

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