Tag: additional (Page 1 of 9)

Saab receives Gripen order from Hungary

February 23, 2024 / WIL BALDWIN

SAAB AB (Stockholm: SAABb) has today signed a contract with the Swedish Defence Materiel Administration (FMV) and received an order for four additional Gripen C fighter aircraft for Hungary.

This order follows an amendment to the contract between FMV and the Hungarian Government signed in December 2001 regarding 14 Gripen C/D fighters for the Hungarian Air Force. The contract amendment for the four additional aircraft was signed by the Hungarian Ministry of Defence and FMV on 23 February 2024. With this new contract amendment, Hungary will operate a total of 18 Gripen C/D aircraft to protect and defend the Hungarian and NATO airspace.

Saab currently has a contract with FMV regarding support for Hungary’s Gripen aircraft, and Saab is ready to provide additional upgrades and support for the Hungarian fighters beyond 2035.

Saab and the Hungarian Ministry of Defence have also signed an MoU regarding development of high-tech industrial areas and fighter aircraft capabilities. The cooperation includes support for the establishment of a Centre of Excellence for VR technologies in Hungary.

Forward-Looking Statements

This press release may 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.

Eve announces list of eVTOL suppliers

January 29, 2024 / WIL BALDWIN

Melbourne, Florida, January 29, 2024 – Eve Air Mobility (NYSE: EVEX) has named four additional suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Thales will supply a proven air data solution, comprising sensors and a computer while Honeywell (NYSE: HON) will supply guidance, navigation and external lighting for the aircraft. RECARO Aircraft Seating will supply the eVTOL’s seats and FACC will supply the horizontal and vertical tail including the rudder and elevator.

Honeywell will supply guidance and navigation products including magnetometers, GPS-aided attitude & heading reference systems, and inertial reference systems built upon decades of engineering and manufacturing experience. These systems will relay and aid the pilots and other onboard systems to ensure safe and efficient flight. The company will also supply external lighting for the aircraft.

Thales will supply a proven air data solution, comprising sensors and computer, which gather critical data such as airspeed, altitude and environmental conditions. The solution then relays the information to pilots and onboard systems to ensure safe and efficient flight in all weather conditions.

RECARO Aircraft Seating, a global supplier of premium aircraft seats for airlines, OEMs and eVTOL aircraft, was selected to design, certify and produce the four passenger seats and one pilot seat for the aircraft. RECARO is widely recognized for product innovation, award-winning customer service and commitment to reliability, efficiency and sustainable practices.

FACC was selected to lead the development and production of the eVTOL’s horizontal and vertical tail including its rudder, elevator and the aircraft’s aileron. FACC is recognized for its production of lightweight components relying on innovative manufacturing techniques and technology.

These new suppliers are in addition to Garmin (NYSE: GRMN), Liebherr Aerospace and Intergalactic that were announced in October and Nidec Aerospace LLC, a joint venture between Japan’s Nidec Corporation and Brazil’s Embraer SA (B3: EMBR3), BAE Systems PLC (London: BAES) and DUC Hélices Propellers which were announced at the Paris Air Show this past summer.

Forward-Looking Statements

airBaltic to become largest Airbus A220 customer in Europe

November 13, 2023 / WIL BALDWIN

Dubai Air Show, November 13, 2023 – airBaltic will become the largest Airbus Group SE (Paris: AIR) A220 customer in Europe after confirming an incremental order for an additional 30 A220-300s. This new order will take the airline’s total firm orderbook to 80 aircraft.

Already operating a 44 strong fleet of A220-300s, airBaltic is currently the largest A220-300 operator in the world.

The airline’s history with the Airbus A220-300 dates back to 2016 where it was the launch customer, and in 2020, it refreshed its fleet to solely operate this aircraft type.

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.

Marathon Airlines expands Embraer pool program agreement for seven E-Jets

October 18, 2023 / WIL BALDWIN

Amsterdam, Netherlands, October 18, 2023 – Embraer SA (NYSE: ERJ) announced that it has signed a contract amendment with Marathon Airlines for the Pool Program to include additional two E195s. Now, seven E-Jets will receive support for a wide range of repairable components – three E175, one E190, and three E195. The Greek airline started the Pool Program contract last year, with its first E175, and has seen steady fleet growth since. Currently, Embraer’s Pool Program supports more than 60 airlines worldwide.

Embraer provides support to airlines worldwide, with its technical expertise and its vast component services network. The results are significant savings in repair and inventory carrying costs and a reduction in warehousing space and resources required for repair management, while ultimately providing guaranteed performance levels. Embraer Services & Support’s portfolio offers a wide range of competitive solutions designed for each customer to support the growing fleet of Embraer aircraft worldwide and deliver the best after-sales experience in the global aerospace industry.

About Marathon Airlines

Marathon Airlines is an EASA-approved airline based in Greece providing customer-centric, safe, and reliable Wet Lease (ACMI) services to well-established EU carriers and Charter flights. We are also specialized in a range of solutions including private jet charter and aircraft management. The current fleet also includes 2 Legacy 600 aircraft.

For more information, visit www.flymarathon.aero.

United Airlines Orders 50 More Boeing 787 Dreamliners

October 3, 2023 / WIL BALDWIN

Seattle, Washington, October 3, 2023, PRNewswire – Boeing (NYSE: BA) and United Airlines (Nasdaq: UAL) announced today the carrier is expanding its 787 Dreamliner fleet, exercising options to order 50 787-9 airplanes and securing an additional 50 options. The new Dreamliner order provides United additional flexibility as the airline modernizes its global fleet over the next decade.

With 150 firm orders, United has the largest Dreamliner orderbook on record and is positioned to become the largest 787 operator in the world. Today’s announcement follows the airline’s record-setting purchase of 100 787 airplanes last year.

As the first airline to operate all three models in the 787 family, United’s existing fleet consists of more than 70 Dreamliners. The fuel efficiency and reliability of the 787 provide United with the flexibility to fly its expansive global route network.

The enhanced efficiency and performance of the 787 reduce fuel use and emissions by up to 25% compared with the airplanes it replaces, depending on the configuration. The 787-9 has a globe-spanning range that allows carriers to fly up to 7,565 nautical miles (14,010 km) while seating up to 296 passengers.

The 787 is the best-selling widebody in history with more than 1,800 orders from 87 customers – including more than 870 repeat orders from 56 repeat customers. In the last year, customers have placed nearly 350 orders and commitments for the 787 family.

United Airlines orders an additional 60 A321neo aircraft

October 3, 2023 / WIL BALDWIN

Herndon, Virginia, 3 October 2023 – United Airlines (Nasdaq: UAL) has placed an order for 60 additional Airbus A321neo aircraft, supporting the airline’s “United Next” initiative to integrate new aircraft into its fleet and standardizing and enhancing its global network. United previously ordered 50 A321XLRand 70 A321neo aircraft. With this new order, the airline’s direct purchase commitment from Airbus is now for 180 A321 aircraft.

The A321neo provides superior environmental performance featuring the lowest CO₂ emissions per seat in its class. Its significantly lower carbon footprint will support United along its journey to reduce its CO₂ emissions.

United’s A321neo aircraft will feature the unrivaled Airbus’ Airspace cabin, which includes a unique welcome area and the latest full LED lighting technologies (which helps to reduce jet lag); new slimmer sidewall panels for extra personal space at shoulder level; improved window views with redesigned bezels and completely integrated window shades; new large overhead bins; and additional elements to enhance the passenger experience.

LATAM receives first A321neo aircraft & orders 13 more

October 2, 2023 / WIL BALDWIN

Hamburg, Germany, October 2, 2023 – LATAM Airlines (OTC: LTMAY) has taken delivery of its first A321neo leased from AerCap Holdings NV (NYSE: AER) and placed an order for 13 additional A321neo aircraft to further expand its route network and drive its regional growth. This is the first delivery of a committed backlog of 76 A321neo aircraft. In total, LATAM has 111 A320 Family aircraft to be delivered.

The newly delivered A321neo for LATAM can seat up to 224 passengers and feature Airbus’ Airspace XL bins in the cabin. The larger bins provide a 40% increase in storage space and facilitates 60% more carry-on bags, allowing a more relaxed boarding experience for passengers and cabin crews. The newly delivered A321neo flew to its destination with 49% Sustainable Aviation Fuel (SAF).

LATAM Airlines Group and its affiliates are the main group of airlines in Latin America, with presence in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations throughout Europe, Oceania, the United States and the Caribbean. Today, LATAM operates 240 Airbus aircraft and is the largest Airbus operator in Latin America. In July this year, LATAM took delivery of a new Airbus A320neo, the first delivery using 30% SAF.

Cathay Group orders 32 A320neo Family aircraft

September 29, 2023 / WIL BALDWIN

Toulouse, France, September 29, 2023 – Hong Kong’s Cathay Pacific Airways Ltd ADR (OTC: CPCAY) has announced the purchase of an additional 32 Airbus Group NV (OTC: EADSY) A320neo Family aircraft as it continues to invest in expanding and modernising its fleet. The agreement doubles the Cathay Group’s total orders for the A320neo Family to 64, of which 13 have already been delivered.

The 32 additional aircraft will comprise both the A321neo and A320neo which will join the fleets of Cathay Pacific and HK Express.They will principally serve destinations in the Chinese Mainland and elsewhere in Asia.

The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver at least 20 percent lower fuel burn and CO2 emission savings. With more than 9,700 orders from over 130 customers, the A320neo Family is the world’s most popular single aisle aircraft.

Maldivian Airlines updates regional fleet with additional ATR 42-600 order

September 20, 2023 / WIL BALDWIN

Toulouse, France, September 19, 2023 – Maldivian Airlines, the national airline of the Maldives and the world number one regional aircraft manufacturer ATR, have signed a firm order for two ATR 42-600 aircraft. These highly-efficient new aircraft will join the airline existing regional fleet, including two ATR 72-600 and one ATR 42-600, to replace older generation turboprops.

With these modern aircraft, powered by extra efficient PW127XT engines and featuring a spacious and appealing cabin, Maldivian will offer further reliable and affordable connectivity to the archipelago’s communities and businesses, contributing to the Maldives’ economic dynamism while lowering emissions.

About Maldivian

Maldivian, the national airline of the country embodies the spirit of the Maldives by providing exceptional air travel services that showcase the natural beauty and warm hospitality of the island nation. The airline is the leading domestic carrier with a scheduled network comprising of 16 domestic sectors. Maldivian operates the largest wheel-based fleet in the country which includes DeHavilland Dash 8 and ATR aircraft. Maldivian Seaplane, which consists of DeHavilland DHC-6 Twin Otter aircraft, further enhances the airline’s domestic operation by providing specialized tourist air transportation service connecting customers directly to the doorstep of their chosen resort. Operating from its hub in Male’, the airline provides international scheduled flights to cities in India and Bangladesh.

Overland Airways of Nigeria receives its first E175

September 14, 2023 / WIL BALDWIN

Abuja, Nigeria, 14 September 2023 – Overland Airways of Nigeria has received the first of three new Embraer (NYSE: ERJ) E175 E-Jets. The aircraft was delivered to the airline last week. The twenty-year old West African carrier, an affiliate of the Landover Aviation Services Company, also holds options for three additional aircraft.

Concurrent with the arrival of its new E175s, Overland is aggressively ramping up its presence in Nigeria. It has built a new corporate office and hangar facilities in Lagos. The airline is an Approved Maintenance Organization under the certification of the Nigerian Civil Aviation Authority.

Overland’s partner, Landover Aviation Services, runs one of IATA’s top ten aviation training institutions in Africa. The Landover Aviation Business School specializes in airline technical and operations, aviation management, and travel and tourism.

About Maldivian

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