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F-15EX First Flight Clears Path for Deliveries to U.S. Air Force

The new Boeing [NYSE: BA] F-15EX fighter jet completed its first flight today, paving the way for the early delivery of the first two jets to the U.S. Air Force later this quarter. The jet took off and landed from St. Louis Lambert International Airport, completing a 90-minute test flight before returning to the airport.

Boeing F-15 Chief Test Pilot Matt Giese checked out the multirole jet’s avionics, advanced systems and software. A test team monitoring the data collected during the flight in real time confirmed that the aircraft performed as planned.

“Today’s successful flight proves the jet’s safety and readiness to join our nation’s fighter fleet,” said Prat Kumar, Boeing vice president and F-15 program manager. “Our workforce is excited to build a modern fighter aircraft for the U.S. Air Force. Our customer can feel confident in its decision to invest in this platform that is capable of incorporating the latest advanced battle management systems, sensors and weapons due to the jet’s digital airframe design and open mission systems architecture.”

The fighter’s digital backbone means it can serve as a testbed for future technology insertion, a key capability for the Air Force. Modern variants of the F-15 also include fly-by-wire flight controls, an all-new digital cockpit, modern AESA radar and the ADCP-II, the world’s fastest mission computer. The F-15EX, the most advanced version to date, features the Eagle Passive/Active Warning and Survivability System  electronic warfare system to improve mission effectiveness and survivability for operators.

In July, the Air Force awarded Boeing a contract to build the first lot of eight jets. Future plans call for as many as 144 aircraft. For more information on Defense, Space & Security, visit www.boeing.com

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. 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.

European Commission Clears Alstom’s acquisition of Bombardier Transportation

Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom.

The Commission’s approval for the transaction is conditional on the proposed engagements that consist of:

  • A transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train and an offer of IP licence to Hitachi for the train co-developed by Hitachi and Bombardier Transportation for use in future very high-speed tenders in the UK
  • The divestment of the Alstom Coradia Polyvalent and the Reichshoffen production site in France
  • The divestment of the Bombardier TALENT 3 platform and dedicated production facilities located within the Hennigsdorf site in Germany
  • Providing access to certain interfaces and products for some of Bombardier Transportation’s Signalling On-Board Units and Train Control Management Systems (TCMS)

The divestitures will comply with all applicable social processes and consultations with employee representatives’ bodies.

The transaction remains subject to further regulatory approvals in several other jurisdictions and customary closing conditions. 

Closing of the acquisition is expected for the first half of 2021.

EU Clears 7 Billion Euros in State Aid for Air France-KLM

BRUSSELS (Reuters) – The European Union’s competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France <AF.PA>, saying the support would provide cash to soften the economic shock of the coronavirus pandemic.

Airlines across Europe have sought state rescues as coronavirus lockdowns have forced them to ground their fleets for more than a month, with no end in sight.

“This 7 billion euro French guarantee and shareholder loan will provide Air France with the liquidity that it urgently needs to withstand the impact of the coronavirus outbreak,” the EU’s top competition official Margrethe Vestager said in a statement.

The European Commission noted the importance of Air France, with more than 300 planes, to the French economy and the role it has played in repatriating stranded citizens and transporting medical supplies.

The Commission said in its statement that the support will take the form of a state guarantee on loans and a subordinated shareholder loan to the company by the French state.

The French and Dutch governments each hold close to 14% of the Air France-KLM group, which was created by the 2004 merger between the two national carriers.

(Reporting by Gabriela Baczynska and Robin Emmott, editing by Ed Osmond and Barbara Lewis)

FILE PHOTO: Air France airplanes on the tarmac at Paris Charles de Gaulle airport in Roissy-en-France