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Nidec and Embraer receive approval for joint venture to develop Electric Propulsion System

WIL BALDWIN October 5, 2023

Kyoto, Japan, October 6, 2023 - Japan’s Nidec Corporation (OTC: NJDCY) and Brazil’s Embraer (NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC.…

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KiwiRail re-opens rail line to Napier in cyclone Gabrielle recovery milestone

WIL BALDWIN September 18, 2023

The reopening of the rail line to Napier – allowing rail freight to once again get to Napier Port – is an important step for the Hawke’s Bay cyclone recovery, KiwiRail Chief Executive Peter Reidy…

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CSX names rail industry veteran Mike Cory Chief Operating Officer

WIL BALDWIN September 10, 2023

Jacksonville, Florida, September 8, 2023 – CSX Corporation (NASDAQ: CSX) announced today the appointment of Mike Cory, a seasoned railroad executive with more than 40 years of operations experience, as the company’s executive vice president and…

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South African Airways Deepens footprint in the USA and Canada

WIL BALDWIN August 6, 2023

Johannesburg, August 6, 2023 - South African Airways (SAA) is expanding its reach into North America through the appointment of a General Sales Agent (GSA) for the region. The appointed agent, Discover the World (DTW) will…

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Air New Zealand toasts to New Zealand’s finest wines onboard

WIL BALDWIN July 31, 2023

The airline has invited 125 New Zealand wineries to bring their best drops for consideration onboard the airline's Business Premier cabins and in its Tier One Lounges. Next month, some of New Zealand's most respected…

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Union Pacific Corporation Announces 10% Dividend Increase for Fourth Quarter 2021

WIL BALDWIN December 14, 2021

Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today voted to increase the quarterly dividend on the Company’s common shares by 10% to $1.18 per share. The dividend is payable December 30,…

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Southwest Airlines Commemorative History Book Celebrates its 50th Anniversary

WIL BALDWIN December 3, 2021

DALLAS, TEXAS, December 2, 2021 Southwest Airlines Company (NYSE: LUV) is wrapping up its milestone 50th Anniversary year by releasing a one-of-a-kind commemorative history book, "50 Years. One Heart. A History of Southwest in 50 Objects."…

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Lufthansa Group Successfully Secures Further Liquidity on the Capital Market

WIL BALDWIN November 10, 2021

Third corporate bond of 1.5 billion euros issued in 2021Lufthansa Group takes advantage of favorable market conditionsPlacement with two maturities of two and five-and-a-half years complements Lufthansa Group's maturity profile Deutsche Lufthansa AG (OTC: DLAKY)…

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First Qantas A380 to Land Back in Australia Today

WIL BALDWIN November 9, 2021

A familiar and hard-to-miss sight will return to Australian skies today with one of the Qantas (OTC: QABSY) iconic A380 aircraft set off to land back in Sydney, 593 days after it departed Australian shores.…

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KiwiRail Leases Additional Ferry to Boost Interislander Service

WIL BALDWIN November 6, 2021

KiwiRail has leased an additional freight ferry to provide capacity and resilience on Cook Strait, KiwiRail Group Chief Executive Greg Miller announced today. The Valentine is completing technical due diligence in England now, ahead of sailing to…