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Tag: 2021 (Page 9 of 22)

Lockheed Martin Opens Orion Spacecraft Advanced Manufacturing Facility

TITUSVILLE, Florida, July 15, 2021 /PRNewswire/ — Lockheed Martin [NYSE: LMT] opened its Spacecraft Test, Assembly and Resource (STAR) Center today. The STAR Center features business and digital transformation innovations that will expand manufacturing, assembly and testing capacity for NASA’s Orion spacecraft program and ultimately, future space exploration.

Lockheed Martin currently assembles the Orion spacecraft for the Artemis I and II Moon missions at the nearby Neil Armstrong Operations and Checkout (O&C) building at NASA’s Kennedy Space Center. The addition of the STAR Center provides much-needed space for the new production phase of Orion, allowing future Orion spacecraft – starting with the Artemis III mission – to be built faster.

Lockheed Martin acquired the building that formerly housed the Astronaut Training Experience attraction and spent 18 months and nearly $20 million renovating and modernizing the 55,000 square-foot space into a digitally-transformed factory of the future.

Delta Air Lines Announces End of June Quarterly 2021 Financial Results

ATLANTA, July 14, 2021 – Delta Air Lines (NYSE: DAL) today reported financial results for the June quarter 2021 and provided its outlook for the September quarter 2021. Highlights of the June quarter 2021 results, including both GAAP and adjusted metrics, are on page six and are incorporated here.

June Quarter Financial Results

  • Adjusted pre-tax loss of $881 million excludes $1.5 billion of benefit related to the first and second payroll support program extensions (PSP2 and PSP3, respectively) and mark-to-market adjustments on our investments
  • Adjusted operating revenue of $6.3 billion, which excludes refinery sales, declined 49 percent on 39 percent lower sellable capacity (see Note A) versus June quarter 2019
  • Total operating expense, which includes $1.5 billion of benefit related to PSP2 and PSP3, decreased $4.1 billion relative to the June quarter 2019.  Adjusted for the benefit related to the PSP programs and third-party refinery sales, total operating expense decreased $3.3 billion or 32 percent in the June quarter 2021 versus the comparable 2019 period
  • Generated $1.9 billion of operating cash flow, $1.5 billion of free cash flow and $195 million of free cash flow, adjusted in the June quarter
  • At the end of the June quarter, the company had $17.8 billion in liquidity, including cash and cash equivalents, short-term investments and undrawn revolving credit facilities. The company had total debt and finance lease obligations of $29.1 billion with adjusted net debt of $18.3 billion

Click the link below to read the full release, including the reconciliations of GAAP to non-GAAP financial measures:

Delta Air Lines Announces June Quarter 2021 Financial Results

Porter Airlines Orders up to 80 Embraer E195-E2 Jets to Lead Major Expansion Plan

Porter Airlines has unveiled plans to extend its award-winning service to destinations throughout North America with a firm order for 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft. The deal will be included in Embraer’s second quarter backlog, and is worth USD5.82 billion, at list price with all options exercised. First revealed in May 2021, this announcement adds the purchase rights and the customer name, which had been undisclosed.

Porter Airlines will be the North American launch customer for Embraer’s newest family of jets, the E2. Porter’s investment is set to disrupt the Canadian aviation landscape; enhancing competition, elevating passenger service levels and creating as many as 6,000 new jobs. Porter intends to deploy the E195-E2s to popular business and leisure destinations throughout Canada, the United States, Mexico and the Caribbean, from Ottawa, Montreal, Halifax and Toronto Pearson International Airport.

Porter’s first delivery and entry into service is scheduled starting in the second half of 2022. The option to convert purchase rights to the E190-E2s is included in the agreement. This would provide greater flexibility to introduce non-stop service in markets with fewer passengers, and to add frequencies on higher demand routes.

The E195-E2 accommodates between 120 and 146 passengers. Configuration plans for Porter’s E2s will be revealed in due course.

Airbus to Show A350-1000 for First Time in Russia at MAKS 2021 Aerospace Show

Airbus will demonstrate its latest technological innovations and projects implemented in Russia at the International Aerospace Show which takes place in Zhukovsky from 20th to 25th July. Key attractions will be the last-generation widebody A350-1000, which will be shown in the country for the first time, and the twin-engine EC145 rotorcraft.

The A350-1000 is the largest member of the clean sheet design A350 widebody Family, with a seating capacity of up to 440 passengers in a single class. The aircraft’s state-of-the-art aerodynamics, inspired by nature, incorporates a unique morphing technology that continuously optimises the wing profile to reduce drag and lower fuel burn and CO2 emissions. The aircraft is powered by Rolls Royce Trent XWB 97 engines with 15% increased thrust, the aircraft can fly up to 16,100km. More than 70% of the airframe is made from advanced materials, including 53% composites. Aeroflot already operates 6 A350-900.

The Airbus A350-1000 will also take part in the flight programme of MAKS-2021 aerospace show from 20 to 22 of July.

Another highlight on static display will be the EC145 helicopter – one of the 5 EC145, owned by the city of Moscow and operated by the Moscow Aviation Centre (MAC). Airbus Helicopters and the Moscow Aviation Centre have been cooperating for more than 14 years. During this period, the MAC AH fleet has contributed to saving the lives of more than 6,400 patients in the territory of Moscow. Easy access to the cockpit through wide, side-sliding doors or through the rear doors, a spacious cabin, and high reliability make this helicopter the preferred choice for medical missions.

The Airbus Defence and Space division is known for its long-term cooperation with Russian enterprises. Together with Russian colleagues, they implemented several international projects under the Automated Transfer Vehicle (ATV) and International Space Station programmes, as well as cooperation with the Russian OKB “Fakel” in terms of building the satellites for the OneWeb constellation. The Space division of Airbus is the only Western space division that has a proven track record in industrial localisation of production in the Russian Federation. Airbus Defence and Space will demonstrate samples of localised production and future power amplifiers proposed for further development. Another promising area, both international and Russian, is the global information system and services based on data from Earth Remote Sensing (ERS) satellites.

The Defence and Space division will also demonstrate space equipment produced by the joint venture Airbus DS and JSC Russian Space Systems, and the Airbus engineering centre in Moscow, ECAR, will demonstrate the results of its work and current projects.

Germany Signs Up for Five Boeing P-8A Poseidon Aircraft

BERLIN, Germany June 30, 2021 — The German Ministry of Defense today signed a letter of offer and acceptance for five Boeing (NYSE: BA) P-8A Poseidon aircraft under the U.S. government’s Foreign Military Sales (FMS) process. With this order, Germany becomes the eighth customer of the multimission maritime surveillance aircraft, joining the United States, Australia, India, the United Kingdom, Norway, Korea and New Zealand.

The P-8A Poseidon offers unique multimission capability and is the only aircraft in service and in production that meets the full range of maritime challenges faced by European nations. Deployed around the world with more than 130 aircraft in service, and over 300,000 collective flight hours, the P-8A is vital for global anti-submarine warfare, intelligence, surveillance and reconnaissance and search-and-rescue operations.

German companies that already supply parts for the P-8A include Aljo Aluminum-Bau Jonischeit GmbH and Nord-Micro GmbH. Recently, Boeing signed agreements with ESG Elektroniksystem-und Logistik-GmbH and Lufthansa Technik to collaborate in systems integration, training, support and sustainment work. By working with local suppliers, Boeing will provide support, training and maintenance solutions that will bring the highest operational availability to fulfill the German Navy’s missions.

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.

Delta counts down to Croatia flight launch

Delta is counting down to the start of its new service to Dubrovnik on Friday, July 2, offering U.S. travelers more opportunities to reclaim the joy of travel this summer in one of Europe’s most intriguing nations. 

Croatia is the first new European country to which Delta will begin service since the start of the pandemic. Its customers are eagerly awaiting the opportunity to discover the country. The airline will operate four weekly nonstop services between Dubrovnik and New York-JFK, with departures on Wednesdays, Fridays, Saturdays and Sundays. Flights are operated in conjunction with Delta’s European partners Air France, KLM and Virgin Atlantic.

Data from the World Travel and Tourism Council reports that tourism represents 25 percent of Croatia’s GDP. Pre-pandemic, the number of U.S. tourists to Croatia was on the rise, with more than 550,000 visitors in 2018 – a 23 percent increase over 2017, according to the Ministry of Tourism. Meanwhile, the Croatian Bureau of Statistics reported that 10 percent of all visitors to Dubrovnik came from the U.S. in 2019, which is the second-largest source market.

Customers flying from Croatia can connect at Delta’s JFK hub to more than 30 cities across the U.S. within four hours of arrival, enabling them to reach their final destination the same day. The service also provides cargo opportunities for freight forwarders to conveniently transport goods between the nations.

In line with local entry guidelines, all customers must show proof of full vaccination status, have a negative PCR test or proof of recent COVID-19 recovery before boarding in the U.S. While the U.S. is open to visitors from Croatia, Delta recommends that customers check entry requirements before travel. Details are available on the Delta Discover Map on delta.com. The airline continues to offer more flexibility than ever to plan and rebook tickets with an industry-leading travel credit extension for all tickets expiring in 2021 and all tickets purchased in 2021 through Dec. 31, 2022.

Helvetic Airways Receives Its First Embraer E195-E2

Helvetic Airways of Switzerland received the first of four new E195-E2 aircraft today at the Embraer (NYSE: ERJ) facility in São José dos Campos. Helvetic will receive three further E195-E2’s by the end of next month, July 2021.

Helvetic ordered 12 E-Jet E2’s in 2018 to support its fleet renewal initiative: 8 E190-E2’s (already in service) and four E195-E2’s (converted from the original E190-E2 order). The airline also holds purchase rights for an additional 12 aircraft. The Helvetic fleet also includes four first-generation E190’s. When the three remaining E195-E2’s are delivered, the carrier will have a fleet of 16 E-Jets.

With Embraer, the airline has developed a fleet providing maximum flexibility to deploy its 134-seat E195-E2’s, 110-seat E190-E2’s, and 112-seat E190’s across its European network. Thanks to the common crew type rating for all E-Jets, Helvetic can seamlessly schedule the three different E-Jet models to satisfy variations in demand, maximizing operating economics.

Speaking at the delivery event broadcast to Helvetic employees in Europe, Arjan Meijer, President and CEO of Embraer Commercial Aviation said, “With the new E195-E2, Helvetic builds on its reputation as one of the most environmentally committed airlines in Europe. Not only does the aircraft burn 25% less fuel than its predecessor, its noise footprint is 65% smaller. The E2’s are great news for communities near airports.”

Frontier Airlines Expands in Las Vegas With Five New Nonstop Routes

Low-fare carrier Frontier Airlines (NASDAQ: ULCC) today announces five new nonstop routes via McCarran International Airport (LAS): Bentonville, Arkansas; Bloomington, Illinois; Memphis; Madison, Wisconsin and Tucson, Arizona beginning this August. Frontier now offers 48 nonstop Las Vegas routes and, to celebrate the new service, is offering introductory fares starting at $19*.

New Routes via McCarran International Airport (LAS):

SERVICE TO/FROM: START DATE: SERVICE FREQUENCY: INTRO FARE: APPLICABLE DAYS FOR INTRO FARE: 
Bentonville, Arkansas (XNA) Aug. 13, 2021 2x Weekly $39* From LAS: Friday To LAS: Monday 
Bloomington, Illinois (BMI) Aug. 12, 2021 2x Weekly $49* From LAS: Thursday To LAS: Sunday 
Memphis (MEM) Aug. 12, 2021 2x Weekly $39* From LAS: Thursday To LAS: Sunday 
Madison, Wisconsin (MSN) Aug. 13, 2021 2x Weekly $39* From LAS: Friday To LAS: Monday 
Tucson, Arizona (TUS) Aug. 13, 2021 2x Weekly $19* From LAS: Friday To LAS: Monday 

Frequency and times are subject to change, so please check FlyFrontier.com for the most updated schedule.

Emirates Boosts Operations in Jordan, Adds Second Daily A380 Service to Amman

Emirates will be ramping up operations to Jordan during the summer with the introduction of second daily A380 flight during the months of July and August. The airline will operate the second daily flight from 15-20 July 2021, ahead of the Eid Al Adha period. Emirates will also operate double daily A380 services from 10-31 August. The move to boost capacity between Dubai and Amman during these periods was driven by high forecasted passenger demand. The double daily A380 services to Amman also demonstrate the airline’s commitment to adapting its operations to better serve customers.

Emirates will also increase flights between Dubai and Amman from 12 to 14 weekly, from 1 July.

From 15-20 July 2021, and from 10-31 August 2021, Emirates flights EK 905 and 906 will be operated with an Airbus A380 in a three class configuration, featuring 14 luxurious First Class suites, 76 lie flat Business Class seats and 420 generously pitched Economy Class seats. Passengers in all classes will enjoy over 4,500 channels of films, TV shows, music and games, with an impressive selection of Arabic content, through ice, Emirates’ award-winning inflight entertainment system. What’s more, First and Business Class passengers can enjoy the Emirates Onboard Lounge, where they can safely network and enjoy the signature Emirates experience.

Since it safely resumed tourism activity in July 2020, Dubai remains one of the world’s most popular holiday destinations. The city is open for international business and leisure visitors. From sun-soaked beaches and heritage activities to world class hospitality and leisure facilities, Dubai offers a variety of world-class experiences. It was one of the world’s first cities to obtain Safe Travels stamp from the World Travel and Tourism Council (WTTC) – which endorses Dubai’s comprehensive and effective measures to ensure guest health and safety.

Emirates remains focused on taking various steps to ease travel and has been a leader in introducing initiatives in cooperation with health authorities and organisations to protect the health of customers and to ensure their safety. Emirates introduced measures on the ground throughout all touchpoints and onboard to provide its passengers with the highest safety and hygiene standards at every step of the journey. The airline has also recently introduced contactless technology to ease the customer journey through Dubai airport.

SAF Orders Three H145 Airbus Helicopters for EMS Missions in France

Marignane,France 16 June 2021 – SAF Group will be operating three more five-bladed Airbus H145 helicopter’s for emergency medical services (EMS). These three aircraft will be based in Grenoble, Valence, and Montpellier. They will complement the three H145s already ordered by SAF in 2018 and 2020, the first of which was delivered recently and will be deployed for EMS missions in Belgium.

SAF is a key actor of EMS in France and Europe. This French company already operates 55 Airbus helicopters. SAF’s fleet includes a Super Puma, H135s and H125s. The H145 will bring increased capabilities for the EMS missions.

The new version of Airbus’ best-selling H145 light twin-engine helicopter was unveiled at Heli-Expo 2019 in Atlanta in March. This latest upgrade adds a new, innovative five-bladed rotor to the multi-mission H145, increasing the useful load of the helicopter by 150 kg. The simplicity of the new bearingless main rotor design will also ease maintenance operations, further improving the benchmark serviceability and reliability of the H145, while improving ride comfort for both passengers and crew. The helicopter’s high-mounted tail boom and wide opening clam-shell doors facilitate access to the H145’s spacious cabin.

Today, Airbus has more than 1,470 H145 Family helicopters in service around the world, logging a total of more than six million flight hours. For EMS alone, there are more than 470 helicopters of the H145 family conducting air rescue missions worldwide.

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