Friday, October 20, 2023 – British Airways, part of the International Consolidated Airlines Group S.A. (London: ICAG) will launch daily flights to Abu Dhabi next year, following a four-year hiatus. Available to book from today, the route will begin operating on 20 April 2024, serving the UAE’s capital on a year-round basis from London Heathrow Airport.
Famous for its towering architecture, rich culture, desert landscapes, magnificent beaches and world-class attractions, this Middle Eastern metropolis is enjoyed by those looking for an eclectic mix of culture, relaxation and adventure.
The new flight will be operated by a Boeing 787-9 aircraft in summer 2024 and will boost connectivity to the UAE as it joins flights to neighbouring Dubai, which operate up to three-times daily from Heathrow.
To celebrate the launch, British Airways is offering return fares from £449 in World Traveller (economy) and £1,999 in Club World (business class), available to book before 12 November 2023. Executive Club Members will be able to purchase Reward Seats from £100 + 50,000 Avios.
9 November 2021 – Israel Railways (ISR) has issued a notice to proceed for the supply of additional 36 Traxx locomotives from Alstom (OTC: ALSMY) as part of its framework agreement in 2015 for the supply of 63 electric Traxx and additional 74 double-deck coaches in 2019.
In September 2015, ISR ordered 62 Traxx 160 km/h P160 AC3 locomotives. The contract also included an option for additional 32 units.
The 36 locomotives will be delivered between April 2023 to October 2024, at a beat rate of two or three locomotives each month and will include unique features and advanced safety features. To date, Alstom concluding the delivery of 27 locomotives to ISR. The delivered locomotives are serving ISR growing electrified network, the locomotives maintained by ISR at the Lod depot with warranty services support by Alstom’s Product Introduction teams.
The locomotives are powered with 6,000 kW traction suited for ISR electric network of 25kV 50 H. The Traxx electric-locomotive hauled ISR Twindexx Vario red double-deck coaches delivered by Alstom. More than 500 of these double-deck cars are successfully in service in Israel since 2002, providing safe, reliable and comfortable journey to all passengers in Israel.
More than 2,300 Traxx locomotives have been sold around the world in the last 20 years. They are authorized to operate in 20 countries around the world and drive a cumulative total annual mileage of 300 million km.
Alstom has been contributing to the development of railway systems in Israel for more than 30 years, and everyday hundreds of thousands of Israelis enjoy its products, services, and green and sustainable mobility solutions. The company operates in 6 sites in Israel: the headquarters in Tel-Aviv, a retrofit site and Fleet Maintenance site in Haifa, a vehicle production site in Dimona and a Signaling project in Tel-Aviv and Be’er-Sheva. Alstom retains over 250 employees in Israel and is involved in 8 advanced infrastructure projects, for which it provides passenger coaches and electric locomotives, signaling and integration systems and maintenance services.
Lockheed Martin successfully delivered Sweden’s first Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors in April, providing the country with the world’s most advanced air defense missile that uses Hit-to-Kill technology to defend against incoming threats.
U.S. and Swedish officials formalized an agreement for Sweden to purchase PAC-3 MSE interceptors and related support equipment in August 2018.
The PAC-3 MSE’s revolutionary two-pulse solid rocket motor provides increased performance in both altitude and range while employing the same proven Hit-to-Kill technology that the PAC-3 CRI missile uniquely brings to the Patriot system.
Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, raising approximately S$2.0 billion in total.
The transactions were arranged by four different parties, as follows:
Lease Arranger
Aircraft
Aergo Capital Limited
1 Airbus A350-900 1 Boeing 787-10
Altavair
4 Airbus A350-900s
EastMerchant / Crianza Aviation
1 Airbus A350-900 2 Boeing 787-10s
Muzinich and Co. Limited
1 Airbus A350-900 1 Boeing 787-10
Total
11
SIA has successfully raised approximately S$15.4 billion in fresh liquidity since 1 April 2020, including these sale-and-leaseback transactions. The amount also includes S$8.8 billion from SIA’s successful rights issue, S$2.1 billion from secured financing, S$2.0 billion via the issuance of convertible bonds and notes, as well as more than S$500 million through new committed lines of credit and a short-term unsecured loan.
SIA continues to have access to more than S$2.1 billion in committed credit lines, along with the option to raise up to S$6.2 billion in additional mandatory convertible bonds before the Annual General Meeting in July 2021.
During this period of high uncertainty, as the airline industry continues to navigate the unprecedented challenges caused by the Covid-19 pandemic, the SIA Group will continue to explore additional means to raise liquidity as necessary.
Mr Goh Choon Phong, Singapore Airlines Chief Executive Officer, said: “The additional liquidity from these sale-and-leaseback transactions reinforces our ability to navigate the impact of the Covid-19 pandemic from a position of strength. We will continue to respond nimbly to the evolving marketing conditions, and be ready to capture all possible growth opportunities as we recover from this crisis.”
Hamburg, Germany, 29 April 2021 – U.S.-based JetBlue Airways (Nasdaq: JBLU) has taken delivery of its first of 13 A321LR aircraft featuring Airbus’ new Airspace interior. These new A321LRs support JetBlue’s plan to open its highly anticipated transatlantic services, starting with direct flights to London later this year. In addition to these 13 new A321LRs, the airline also has on order another 57 Airbus aircraft comprising other A321neo variants – which will also feature Airspace cabins. By bringing Airspace to the Single-Aisle Family, JetBlue’s A321 cabins will be the very first to feature Airbus’ new award-winning cabin design-language and passenger-pleasing cabin features – which are consistent with Airbus’ A330neo and A350 Widebody aircraft.
Airspace brings to the A320 Family the following passenger-pleasing cabin enhancements: unique welcome and customisable hero lighting (which helps reduce jet lag); new slimmer sidewall panels for extra personal space at shoulder level; better views through the windows with their redesigned bezels and completely integrated window shades; the latest full LED lighting technologies; the largest overhead bin in class; and new lavatories with hygienic touchless features and antimicrobial surfaces.
In addition to these Airspace elements, the A320 Family’s wide cabin cross-section also enables JetBlue to offer its passengers true long-haul comfort in all classes, with 24 full-flat adaptive-mattress seats in the airline’s Mint premium-class private suites, while 114 economy passengers will appreciate the widest 18.4inch seats with a contoured seat-back for extra knee space. Most of these economy seats will offer a full 32inch pitch, while four rows will be optimised for “Even More Space” seating — offering around an additional five inches for the most legroom in any transatlantic economy class seat.
JetBlue’s passengers in these A321LRs will also be able to stay connected throughout the flight with the airline’s unlimited, free high-speed Wi-Fi. In addition, they will have access to a curated selection of live TV channels focused on news and sports, and an extensive library of seatback entertainment – allowing for a ‘multiple screen’ experience onboard. Seats will also feature easy-to-reach in-seat power, featuring AC and USB-C ports to keep their hand-held devices fully charged. As well as offering the rich portfolio of entertainment and connectivity options for each passenger, the in-seat equipment on these aircraft will also put the customer in control of their food choices, allowing them to customize their own meal right on their seatback screen.
In 2017 at the APEX Expo in Long Beach, JetBlue was unveiled as the launching customer for Airbus’ Airspace cabin for the A320 Family. Following the announcement, Airbus and JetBlue worked together to bring to reality a new level of passenger experience for JetBlue’s passengers in its A321LRs featuring Airspace for the first time.
The longstanding partnership between Airbus and JetBlue began in 1999 when JetBlue was launched and took delivery of its first A320. Two years later the airline placed an order for 48 Airbus planes. Following years of extraordinary growth, JetBlue now operates a fleet of more than 200 A320 and A321 aircraft and has around another 70 on order — including more of these A321LRs, as well as other A321neo variants – all of which will feature Airspace interiors. In addition, the airline has also placed orders for Airbus’ smallest Single-Aisle Family member, the A220 airliner, the first of which will soon enter service.
The A321LR, a member of the A320neo Family, delivers 30 percent fuel savings and nearly 50 percent reduction in noise footprint compared to previous generations of aircraft. With an increased range of up to 4,000nm (7,400km), the A321LR is the unrivalled long-range route opener, featuring true transatlantic capability and premium wide-body comfort in a single-aisle aircraft cabin. With its new fleet the airlines benefit from the lowest operating costs in the respective size categories, as well as the unique commonality between variants of the Airbus Family.
Orlando, FL, April 28, 2021 – Today at MRO Americas, a leading aeronautical maintenance event, Embraer announced that CommutAir, a United Express carrier, has selected Embraer Aircraft Maintenance Services (EAMS) in Macon, Georgia, as one of its primary heavy maintenance providers for the airline’s fleet of ERJ 145 aircraft. The multi-year agreement includes airframe maintenance, modifications and repair services provided by Embraer’s portfolio of solutions.
In July 2020, CommutAir became the sole regional partner to operate the ERJ 145 for United Airlines. CommutAir maintains the largest ERJ 145 fleet in the world with 168 aircraft.
CommutAir is a regional airline operating flights on behalf of United Airlines as United Express. With our fleet of Embraer 145 aircraft, we operate roughly 200 daily flights, connecting people and communities to the world via United’s global network. Headquartered in Cleveland, we have hubs in Denver, Houston, Washington Dulles, and Newark, with a maintenance base in Albany, New York. We are looking for individuals to join our 1,300 diverse professionals who work together to deliver safe, caring, dependable, and efficient service.
BAKU, Azerbaijan, April 28, 2021 /PRNewswire/ – Boeing [NYSE: BA] and Silk Way West Airlines today announced the private cargo operator will expand its international network with an order for five 777 Freighters. The deal marks the first purchase of the long-range, high capacity twin-engine freighter in the Caspian region and Central Asia. The airplanes will enable the airline to increase its capacity to meet growing cargo demand around the globe.
Silk Way West Airlines and Boeing leaders announced the agreement during a signing ceremony in Baku that included Akhundov; Rashad Nabiyev, Minister of Transport, Communications and High Technologies of Azerbaijan; and Earle D. Litzenberger, U.S. ambassador to Azerbaijan, as well as Stan Deal, president and CEO of Boeing Commercial Airplanes.
The 777 Freighter is the world’s largest, longest range and most capable twin-engine freighter. The airplane’s better fuel efficiency and ability to reduce CO2 emissions by 17% compared to legacy airplanes will contribute to the carrier’s sustainability goals. With a range of 9,200 kilometers, the 777 Freighter can carry a maximum payload of 102,000 kilograms, allowing Silk Way West Airlines to make fewer stops and reduce landing fees on long-haul routes.
Designed to integrate smoothly with existing cargo operations, the 777 Freighter will provide Silk Way West Airlines operational flexibility with five 747-8 Freighters and seven 747-400 Freighters the carrier currently operates. The 747 and 777 freighters are capable of carrying tall and outsized cargo loads on 3-meter-tall pallets. This common main-deck pallet height capability enables interchangeable pallets. Additionally, the 777 Freighter main deck side cargo door is 3.72 meters wide, giving the freighter outsized carriage capability beyond tall payloads.
The 777 Freighter is Boeing’s top-selling freighter of all time. Customers from around the world have ordered 247 777 Freighters since the program began in 2005. The market leader in air cargo aircraft, Boeing provides more than 90% of the worldwide dedicated freighter capacity, including new production and converted aircraft.
Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries and leverages the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.
Founded in 2012 in Baku, Silk Way West Airlines is the largest cargo airline in the Caspian Sea region with an annual cargo turnover of 350,000 tons. Based at Heydar Aliyev International Airport in Baku, the airline operates approximately 350 monthly scheduled flights to 40 destinations around the world.
São José dos Campos – Brazil, April 27, 2021 – Embraer (NYSE: ERJ) delivered a total of 22 jets in the first quarter of 2021, of which nine were commercial aircraft and 13 were executive jets (10 light and three large). As of March 31st, the firm order backlog totaled USD 14.2 billion.
During 1Q21, KLM Cityhopper, the regional subsidiary of KLM Royal Dutch Airlines, received its first E195-E2 jet. This first E2 delivery to KLM, and lessor ICBC Aviation Leasing, elevated the total number of Embraer jets in the KLM Cityhopper fleet to 50 aircraft.
In the same period, Air Peace, Nigeria and West Africa’s largest airline, took delivery of its first E195-E2 aircraft. Air Peace is the launch customer in Africa for the E2. The airline is also the global launch customer for Embraer’s innovative premium staggered seating design.
Also, during the first quarter, Embraer delivered the first conversion of a Legacy 450 to a Praetor 500 jet for AirSprint Private Aviation. The Canadian fractional ownership company has another Legacy 450 scheduled to convert to a Praetor 500 this year, in addition to the delivery of a brand-new Praetor 500, also expected in 2021. With these additions, AirSprint will have three Praetor 500s in its fleet, and a total of nine Embraer aircraft.
MIRAMAR, Fla., April 27, 2021 /PRNewswire/ — Spirit Airlines, Inc. (NYSE: SAVE) (“Spirit”) today announced that it has commenced an underwritten public offering of $440,000,000 aggregate principal amount of convertible senior notes due 2026 (the “Convertible Notes” and such offering, the “Convertible Notes Offering”). Spirit intends to grant the underwriters of the Convertible Notes Offering a 30-day option to purchase up to $60,000,000 aggregate principal amount of additional Convertible Notes, solely to cover over-allotments, in the Convertible Notes Offering.
Spirit is also separately conducting a registered direct offering of shares of its common stock (the “Common Stock Offering”) to certain holders of its outstanding 4.75% Convertible Senior Notes due 2025 (the “2025 Convertible Notes”).
Spirit expects to use a portion of the net proceeds from the Convertible Notes Offering to repurchase a portion of its outstanding 4.75% Convertible Senior Notes due 2025 (the “2025 Convertible Notes”) for cash pursuant to privately negotiated agreements with a limited number of current holders of such 2025 Convertible Notes, which agreements are conditioned upon the consummation of the Convertible Notes Offering. Spirit expects to use any remaining net proceeds from the Convertible Notes Offering for general corporate purposes. Spirit expects to use the net proceeds from the Common Stock Offering to redeem up to 40% of the original outstanding principal amount, or up to $340 million, of its 8.00% Senior Secured Notes due 2025 at a redemption price equal to 108.0%, plus accrued and unpaid interest on the principal amount being redeemed up to, but excluding, the redemption date.
The closing of neither the Common Stock Offering nor the Convertible Notes Offering is conditioned upon the closing of the other offering.
Click the link below to view the full press release!
Hamburg, Germany 26 April 2021 – Air Cairo, Egypt’s low-fare airline, has taken delivery of its first A320neo aircraft. The new aircraft will join Air Cairo’s all Airbus fleet of seven aircraft. The aircraft is on lease from ICBC Leasing and is equipped with CFM LEAP-1A engines.
With improved levels of efficiency, the new aircraft will be deployed on Air Cairo’s regional and international network to serve countries across Europe, Africa and the Middle East – demonstrating the operational flexibility of the A320neo. Air Cairo’s fleet expansion and modernization strategy coincides with the airline’s decision to open more routes, fostering closer links with countries across continents.
Offering the airline exceptional technical, economic and environmental performance, Air Cairo’s A320neo is configured with 186 seats in an all-economy-class cabin. Passengers onboard the aircraft will benefit from the widest cabin of any single-aisle aircraft and the latest generation in-flight entertainment system.
The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver 20% in fuel savings and CO2 reduction compared to previous generation Airbus aircraft. The A320neo Family has won more than 7,450 orders from over 120 customers.
