Tag: Develop (Page 8 of 10)

ANA Announces Updates to the FY2023 Flight Schedule

August 31, 2023 / WIL BALDWIN

Tokyo, Japan, August 30, 2023 – All Nippon Airways (ANA) has announced updates to its flight schedule for fiscal year 2023 (FY2023). Beginning December 6, all roundtrips on the Narita-Honolulu route will be operated by the specially painted “FLYING HONU” Airbus A380 aircraft featuring Hawaiian inspired sea turtles. ANA will offer the most seat capacity on its Honolulu routes in its history, exceeding pre-COVID levels.
A summary of the recent update concerning the international flight schedule is given below.

Schedule for October 29, 2023 – March 30, 2024:

*1 No operation on 12/3 and 12/5. Flights on 12/4 will be operated.
*2 For flights departing from overseas, the dates of the implementation are the following day.
*3 For flights to/from Haneda airport, please check the ANA Application or website for departure and arrival terminals (Terminal 2 or 3).

Australia’s Qantas to secure new airplanes from both Airbus and Boeing

August 23, 2023 / WIL BALDWIN

(Reuters) – Australia’s Qantas Airways (OTC: QABSY) on Thursday announced an order for 24 widebody aircraft, the final piece of the company’s jet fleet renewal program, and said the move is aimed at replacing its current Airbus A330 and Airbus A380 aircraft.

The multi-billion dollar order is split between 12 Airbus (OTC: EADSY) A350’s and 12 Boeing (NYSE: BA) 787’s, which will arrive from fiscal 2027 and into the next decade, Qantas said.

As a part of the deals, …

Click the link below to read the full story!

https://finance.yahoo.com/news/qantas-secures-planes-airbus-boeing-231238987.html

Embraer E195-E2 granted type certification in China

August 23, 2023 / WIL BALDWIN

Beijing, China, August 23rd, 2023 – Embraer (NYSE: ERJ) E195-E2, the largest member of the E-Jet family, has been granted its Type Certificate by the Civil Aviation Administration of China (CAAC). This follows the certification of the E190-E2 received from CAAC in November last year, during the Zhuhai Air Show.

According to Embraer’s latest 20-Year Market Outlook published in June, Asia Pacific including China is expected to show a strong growth rate, increasing its RPKs by 4.4% annually over the next 20 years. The need for flexibility, complementing narrow-body aircraft, is driving demand in the up-to-150-seat segment in China.

Last year in November, Embraer E195-E2 ‘TechLion’ visited China and made its debut at the Zhuhai Airshow, exhibiting its capabilities to China’s aerospace leaders, including the outstanding performance, minimal noise and emissions, and low operation costs.

The E195-E2 entered into service in 2019 with Azul. As the largest member of the E-Jet family, E195-E2 accommodates between 120 and 146 passengers. It is the most fuel-efficient single aisle aircraft flying today, delivering 25% better fuel efficiency per seat, compared to previous generation E-Jets.

In June 2022, the E195-E2 was successfully tested on 100% SAF, confirming that the E-Jets E2 family can fly with blends of up to 100% SAF without any compromise to safety or performance. Today, the E2 emits 25% fewer CO2 emissions compared to previous generation aircraft; this reduction can be increased to 85% with SAF.

A.P. Moller–Maersk to strengthen distribution network in India with more than 500 Electric Vehicles

August 23, 2023 / WIL BALDWIN

Mumbai, India – A.P. Moller – Maersk (OTC: AMKBY) has the ambition to be Net Zero across business and provide customers with 100% green solutions by 2040. To achieve this goal, there is a strong need to decarbonise logistics at every stage. It is important not only for Maersk to achieve these sustainability goals but for the customers too, who are demanding environmentally friendly solutions that would decarbonise their supply chains.

In September 2022, Maersk unveiled its three-wheeler and four-wheeler EV’s in Mumbai, India and soon rolled them out for its first customer in the NCR region. Since then, the awareness around EV’s that can support distribution logistics in India has risen, and with that has come an unprecedented demand from several customers.

Maersk has recently tied up with a large e-Commerce platform in India to support its distribution requirements with a dedicated fleet of EV’s that range in the capacity of 550 to 700 Kgs with a driving range of over 120 km. Over 200+ vehicles have already been deployed across 15 cities, and more than 300 EV’s.

So far, Maersk’s EV fleet has covered more than 135,000 km. Maersk is also investing in creating a charging network for its fleet of EV’s, including the option to harness solar energy at its own facilities for warehouses across the country.

Leonardo lands new helicopter contracts in Latin America at LABACE 2023

August 13, 2023 / WIL BALDWIN

Sao Paulo, Brazil, August 10, 2023 – Leonardo (OTC: FINMY) confirms its leading position in the private helicopter transport market with new contracts in Latin America announced during official ceremonies held at LABACE 2023.

A distributor Agreement was signed at LABACE 2023 between Leonardo and Gruppomodena S.A. for the civil market in Uruguay and Argentina including, an order for two AW119Kx and an order for one AW109 GrandNew for a private operator in Brazil
Official distributor in Brazil for the AW09 latest generation single engine, Gualter Helicopters signs for three aircraft with private operators
Leonardo’s growth continues to leverage the Agusta brand’s exclusive solutions in the VIP/corporate market and through the new Service and Logistic Centre in Itapevi

Gruppomodena S.A. has been appointed official distributor of Leonardo helicopter types including the AW119Kx, AW109 legacy, AW169 and AW139 for the civil markets in Uruguay and Argentina. The distributor has also signed a contract for two AW119Kx single engine helicopters. A major player in Latin America for helicopter services, this partner is also an established operator of AW109 and AW139 helicopters for a range of roles including passenger transport, offshore transport, and rescue as well as an authorised service centre for the reference market. In addition, another private operator has placed an order for one AW109 GrandNew light twin engine helicopter, which will be operated in Brazil. All of these light helicopters announced at LABACE will feature customised VIP interiors and will be used for private/corporate transport in the relevant locations.

Furthermore, Leonardo’s distributor for the latest generation AW09 single engine model in Brazil, Gualter Helicopters (Aero Service Representação) has signed contracts for three aircraft for executive transport with three different end-users in the country. These latest achievements for the AW09 in Brazil come two months after the appointment of Gualter Helicopters, which had signed preliminary sales contracts for 20 units in March, providing evidence of the already anticipated strong interest from potential operators in acquiring the new type. Acquired three years ago by Leonardo, the AW09 perfectly complements Leonardo’s product range in the Long Light Single segment, introducing an all-new design aircraft to sustain long-term competitive positioning in this weight category.

With a 45% share over the last ten years, Leonardo is the world leader in the twin-engine VIP/corporate helicopter market including private, charter and VVIP/Government transport services, thanks to the most modern and largest product range. More than 900 Leonardo VIP/corporate helicopters are flying today globally, approximately 25% are based in Latin America. Leonardo is also leveraging the Agusta brand for today’s and future VIP market initiatives. This brand exemplifies the unique combination of best in class performance, latest technology, comfort and Italian style widely recognised in the market for Leonardo’s VIP-configured helicopters, delivering a unique service and flight experience. Moreover, operators benefit from the all new Service and Logistic Centre in Itapevi (São Paulo), which has allowed to further increase the level of quality localised technical assistance over the last two years, with the potential for a future expansion.

Air Transport Services Group prices $350 million convertible senior notes offering

August 11, 2023 / WIL BALDWIN

WILMINGTON, Ohio (BUSINESS WIRE) – Air Transport Services Group, Inc. (NASDAQ: ATSG) today announced the pricing of its offering of $350,000,000 aggregate principal amount of 3.875% convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are scheduled to settle on August 14, 2023, subject to customary closing conditions. ATSG also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $50,000,000 principal amount of notes.

The notes will be senior, unsecured obligations of ATSG and will accrue interest at a rate of 3.875% per annum, payable semi-annually in arrears on February 15 and August 15 of each year, beginning on February 15, 2024. The notes will mature on August 15, 2029, unless earlier repurchased, redeemed or converted. Before February 15, 2029, noteholders will have the right to convert their notes only upon the occurrence of certain events. From and after February 15, 2029, noteholders may convert their notes at any time at their election until the close of business on the second scheduled trading day immediately before the maturity date. ATSG will settle conversions in cash and, if applicable, shares of its common stock. The initial conversion rate is 31.2864 shares of common stock per $1,000 principal amount of notes, which represents an initial conversion price of approximately $31.96 per share of common stock. The initial conversion price represents a premium of approximately 42.5% over the last reported sale price of $22.43 per share of ATSG’s common stock on August 9, 2023. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events.

The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at ATSG’s option at any time, and from time to time, on or after August 15, 2026 and on or before the 50th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of ATSG’s common stock exceeds 130% of the conversion price for a specified period of time. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

Alstom to supply 60 single level coach cars to the Connecticut Department of Transportation

August 10, 2023 / WIL BALDWIN

August 9, 2023 – Alstom (OTC: ALSMY)and the Connecticut Department of Transportation (CTDOT) confirmed an order for 60 single-level rail coach cars valued at approximately €285 million (approximately USD $315 million) with options to build an additional 313 cars, as part of CTDOT’s coach renewal program for its statewide rail system. Delivery is scheduled to begin in 2026.

The agreement calls for the delivery of fully customised, sustainable, next-generation commuter rail cars specifically designed for North America, providing riders with safe, comfortable, 125 mph commuter rail service. The new vehicles will all be compliant with the Americans with Disabilities Act (ADA), Federal Railroad Administration (FRA) and American Public Transportation Association (APTA) requirements.

The vehicles will have a convenient two-by-two seating configuration with foldable tables and easy access for wheelchair passengers. The new cars will also provide an enhanced passenger experience with convenient overhead luggage racks, workstation tables and a bicycle storage area, safe and reliable wi-fi access, real time information on upcoming stops, conveniently located power and USB access, and the most current cybersecurity safety features. In addition, passengers will enjoy panoramic balcony-style windows at wheeled mobility spaces, allowing for the flow of natural sunlight through the car’s interior, giving riders great views.

Cabin crew union says QANTAS misled us over FinnAir deal

August 7, 2023 / WIL BALDWIN

Australia’s biggest cabin crew union has accused Qantas (OTC: QUBSF) of a “breathtaking” lack of transparency over the deal that will see Finnair (OTC: FNNNF) crew operate the Flying Kangaroo’s flights.

The Flight Attendants Association of Australia has said the airline suggested the agreement would save the jobs of Finnair staff but was later informed the employees would be sourced from “labour-hire” firms.

Click the link below to read the full story!

https://australianaviation.com.au/2023/08/qantas-misled-us-over-finnair-deal-says-cabin-crew-union/

Data Finds Overwhelming Support for Passenger Rail in America

August 7, 2023 / WIL BALDWIN

WASHINGTON, District of Columbia – Amtrak published survey findings today that demonstrate strong support from American voters for continued passenger rail investments, including infrastructure renewal and service expansion. Conducted by the Mellman Group and commissioned by Amtrak to better understand America’s interest in intercity passenger rail service, findings show consistent support for passenger rail across geographic location, age, race and gender.

Survey highlights include:

92% say it’s important for the United States to invest in passenger rail safety and service improvements;
86% believe in the importance of a strong American passenger rail system;
83% support passenger rail investments identified by Congress in the Infrastructure Investment & Jobs Act (i.e. modern trains, aging tunnel and bridge replacements, new routes, etc.); and
81% want their state to invest in bringing more passenger rail service to their local area.

The 2023 survey was conducted by the Mellman Group and surveyed 1,000 registered U.S. voters. View the executive summary here.

Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

August 2, 2023 / WIL BALDWIN

DENVER – 02 August, 2023 – Voyager Space, a global leader in space exploration, and Airbus (OTC: EADSY) Defence and Space, the largest aeronautics and space company in Europe, today announced an agreement paving the way for a transatlantic joint venture to develop, build, and operate Starlab, a commercial space station planned to succeed the International Space Station. The US-led joint venture will bring together world-class leaders in the space domain, while further uniting American and European interests in space exploration.

Voyager was awarded a $160 million Space Act Agreement (SAA) from the National Aeronautics and Space Administration (NASA) in December 2021 via Nanoracks, part of Voyager’s exploration segment. Part of NASA’s Commercial Low Earth Orbit Development Program, this SAA sets the foundation to create Starlab, a continuously crewed, free-flying space station to serve NASA and a global customer base of space agencies and researchers.

The program’s mission is to maintain continued human presence and American leadership in low-Earth orbit (LEO). Today’s announcement builds on an agreement made public in January 2023, where Voyager selected Airbus to provide technical design support and expertise for Starlab.

In addition to the US entity, Starlab will have a European joint venture subsidiary to directly serve the European Space Agency (ESA) and its member state space agencies.

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