Tag: 2021 (Page 1 of 22)

Boeing enhanced AH-64E Apache helicopter completes first flight

October 11, 2023 / WIL BALDWIN

Mesa, Arizona, October 11, 2023 – The newest version of the AH-64E Apache has successfully flown with an upgraded capabilities suite as Boeing (NYSE: BA) continues to modernize the platform. The upgraded E-model Apache, known as Version 6.5, or V6.5, is the next configuration of the world’s premier attack helicopter.

Building onto V6.5, the company is working with the U.S. Army to integrate the Improved Turbine Engine (ITE). The engine, a General Electric Company (NYSE: GE) Aerospace T901, will offer improvements in reach, available power, time on station and fuel efficiency, as well as sustainment improvements like health and usage monitoring, maintenance and engine lifespan.

V6.5, awarded by the U.S. Department of Defense in December 2021, includes software updates enhancing capabilities and improving the pilot interface. Some of those enhancements include:

Optimized route and attack planning
Enhanced Link 16 features
Integration of an Open Systems Interface, setting the stage for Modular Open Systems Approach for maximum interoperability, faster integration and advanced capabilities fielding.

Sun Country Airlines is today’s zacks.com “Bear of the Day”

October 6, 2023 / WIL BALDWIN

With very expansive top and bottom line growth expected over the next few years, investors may be wondering why Sun Country Airlines (Nasdaq: SNCY) stock is down -5% year to date.

The answer to this question lies in the trend of earnings estimate revisions which have largely declined landing Sun Country’s stock a Zacks Rank #5 (Strong Sell) and the Bear of the Day.

Click the link below to read the full story!

Bear of the Day

Fiji Airways announces Noumea as its newest international destination

September 18, 2023 / WIL BALDWIN

Fiji Airways, Fiji’s National Airline, is proud to announce that New Caledonia’s capital, Noumea is our newest international destination.

The company confirms that Fiji has an existing Air Service Agreement (ASA) which allows Fiji Airways to provide services in French territories.

The first flight to La Tontouta International Airport in Noumea will be on Thursday 30^th November and starting 7^th December, the national carrier will fly twice weekly, every Monday and Thursday.

Fiji Airways is the perfect hub for guests out of New Caledonia, providing a comprehensive network of onward connections to North America, Asia, as well as other Pacific Island countries.

With the introduction of these new services, Fiji Airways will be flying directly to 26 destinations around the world.

Noumea is the third new market added to our network since international borders opened in December 2021.

The airline brings in 70 percent of all visitor arrivals into Fiji, and is the largest foreign exchange earner for the economy.

Akiem orders 15 locomotives from Siemens increasing fleet to 100 Vectrons

July 31, 2023 / WIL BALDWIN

Akiem, a leading European rolling stock leasing company, has ordered an additional 15 Siemens (OTC: SIEGY) Vectron AC and Vectron MS locomotives from Siemens Mobility. The order was placed as part of a framework agreement for the purchase of locomotives that was signed in December 2021. Locomotives from this new call will be delivered between 2025 and 2027. Akiem previously ordered 20 Vectron locomotives from Siemens Mobility in December 2021 and an additional 65 units last August.

The ordered locomotives have a maximum power of 6.4 megawatts and can be delivered with a top speed of either 160 or 200 km/h. They can be used for cross-border freight transport as well as fast passenger service in a number of European countries.

To date, Siemens Mobility has sold more than 1,800 Vectron locomotives to 66 customers in 16 countries, and the fleet has covered over 750 million kilometers in service. Locomotives based on the Vectron platform have been approved for operation in 20 European countries.

All New Gulfstream G800 Makes First Flight

June 29, 2022 / WIL BALDWIN

SAVANNAH, Ga., June 28, 2022 — Gulfstream Aerospace Corp. today announced the all-new ultralong-range Gulfstream G800 successfully completed its first flight, officially launching the flight-test program of the industry’s longest-range aircraft. Announced in October 2021, the G800 is the latest addition to Gulfstream’s next-generation fleet to take flight and make progress toward customer deliveries.

The G800 departed Savannah/Hilton Head International Airport at 9:00 a.m. and landed there two hours later. In keeping with Gulfstream’s commitment to sustainability leadership in aviation, the aircraft made the flight using a blend of sustainable aviation fuel.

The G800 can fly 8,000 nautical miles/14,816 kilometers at Mach 0.85 and 7,000 nm/12,964 km at Mach 0.90 with class-leading fuel-efficiency, thanks to the combination of the Gulfstream-designed, advanced high-speed wing and all-new, high-thrust Rolls-Royce Pearl 700 engines.

The G800 is equipped with Gulfstream’s next-generation Symmetry Flight Deck and dual head-up displays featuring the new Combined Vision System, which includes Enhanced Flight Vision System and Synthetic Vision System imagery, further enhancing safety and pilot situational awareness.

All New Gulfstream G800 Makes First Flight

Court Rules in Favor of SBB for 286 Regional Service Units

May 25, 2022 / WIL BALDWIN

In October of 2021, Stadler was awarded the contract for 286 single-deck multiple units. The Federal Administrative Court confirms the award of the contract to Stadler, and has dismissed Alstom’s appeal.

Together with its subsidiaries Thurbo and RegionAlps, SBB is procuring 286 single-deck multiple-unit trains for regional transport. Stadler was awarded the contract for this order. The unsuccessful bidder, Alstom, appealed against this decision to the Federal Administrative Court. The court has now dismissed the appeal. This court decision confirms that SBB complied with the requirements of procurement law and the equal treatment of bidders during the tendering procedure. After signing the contract, Stadler can start building the 286 multiple units for regional transport.

The legal proceedings initiated by Alstom have an impact on the delivery of the vehicles. The first trains will now not enter service until 2026 instead of December 2025 as originally planned. The new trains will gradually replace the following rolling stock until 2034:

at SBB: Domino, Flirt (first generation)
at Thurbo: articulated railcars
at RegionAlps: Domino and Nina

The newly procured vehicles will help all three railway companies to implement their planned improvements to services as well as the service expansion projects planned by the Confederation and the Cantons.

Air Force Awards Boeing 5-year Contract for Continued Aircraft Guidance and Navigation Repair

February 9, 2022 / WIL BALDWIN

HEATH, Ohio, Feb. 8, 2021 — Boeing (NYSE: BA) will continue to provide the U.S. Air Force with guidance and navigation repair work on a variety of aircraft under a 5-year, $91 million sole-source contract.

The company has serviced components for aircraft including the B-2 Spirit, B-52 Stratofortress, E-3 Sentry and F-15 Eagle at the Boeing Guidance Repair Center in Heath, Ohio, since 1996.

The Boeing Guidance Repair Center is responsible for maintaining the readiness and modernization of guidance and navigation systems for U.S. nuclear-capable platforms, as well as non-nuclear capable guidance and control systems, electronics and radio frequency systems, and platform processors. In addition, the center is home to assembly, integration and test activities for several Boeing production programs, including the KC-46 tanker, T-7A Red Hawk and the MQ-25 unmanned aircraft system.

Singapore Airlines Extends PPS Club And KrisFlyer Elite Statuses For Third Year

January 17, 2022 / WIL BALDWIN

Singapore Airlines (SES: C6L.SI) is extending PPS Club and KrisFlyer Elite statuses, rolling over Elite miles, pausing the expiration of miles in 2022, and introducing new program benefits that further rewards its loyal members.

All PPS Club and KrisFlyer Elite statuses that are due to expire between March 2022 and February 2023 will be automatically extended for another year. This supports our members, who have been unable to fly as before due to the Covid-19 pandemic, and follows a similar extension in 2020 and 2021.

Elite miles earned by KrisFlyer Elite members, in the 12 months prior to the latest extension, will be credited back into their accounts after the extension. Elite miles earned during the previous membership qualification cycle will also count towards their requalification in the March 2023 to February 2024 cycle.

KrisFlyer miles that expire in 2022 will be automatically extended by six months at a time, at the end of each month.

Rewards earned from the PPS Rewards and KrisFlyer Milestone Rewards that are due to expire in 2022 will be extended to 31 December 2022. This offers members greater flexibility in utilising the rewards earned from flying with SIA.

From February 2022, KrisFlyer members also enjoy additional benefits when they fly on Scoot.

PPS Club and KrisFlyer Elite tier members can enjoy priority boarding, complimentary standard seat selection, an additional 5kg check-in baggage allowance with any baggage purchase, as well as 25% more KrisFlyer miles for every mile earned when travelling on Scoot flights.

In addition, KrisFlyer members can earn 2.5 Elite miles for every KrisFlyer mile earned from flying on Scoot, up from 1 Elite mile for every KrisFlyer mile. This enables members to upgrade to higher KrisFlyer membership tiers at a faster rate.

SIA has also launched two new KrisFlyer Milestone Rewards, which can be enjoyed by members who have earned 1,000 and 2,500 Elite miles.

The Westfjords – Iceland Region on the Rise

January 2, 2022 / WIL BALDWIN

In early September 2021, adventurer and photographer Chris Burkard traveled to Iceland to cycle an adapted version of the Westfjords Way, an incredible new touring route through some of Iceland’s most remote parts. Chris and his friends cycled over 1000km (650 miles) through winding fjords and remote villages in the super-scenic northwest corner of the country.

Click the link below to read the full article!

https://www.icelandair.com/blog/cycling-westfjords-chris-burkard/

Aviation Capital Group Commits to 20 A220’s and 40 A320neo Family Aircraft

December 30, 2021 / WIL BALDWIN

Toulouse, France 30 December 2021 – Global full-service aircraft lessor Aviation Capital Group (ACG), wholly owned by Tokyo Century Corporation, has signed a Memorandum of Understanding (MoU) with Airbus (OTC: EADSY) for 20 A220’s and a firm contract for 40 A320neo Family aircraft, of which five are A321XLR’s.

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. Featuring a 50% reduced noise footprint and up to 25% lower fuel burn per seat compared to previous generation aircraft, as well as around 50% lower NOx emissions than industry standards, the A220 is a great aircraft for regional as well as long distance routes operations.

With this order ACG is supporting the recently launched multi-million dollar ESG fund initiative by Airbus that will contribute towards investment into sustainable aviation development projects.

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