Tag: Completion (Page 1 of 2)

Southwest Airlines expand technical operations facility In Phoenix

February 19, 2024 / WIL BALDWIN

Dallas, Texas, February, 2024 – Southwest Airlines Co. (NYSE: LUV) is celebrating the completion of a multi-year, $100 million project, which nearly doubles the size of the airline’s maintenance hangar at Phoenix Sky Harbor. The 90,000-square foot expansion adds three new aircraft bays to the facility, allowing the airline to work on up to five aircraft simultaneously and brings more maintenance shops to support the nearly 500 Southwest® Technical Operations Employees based at Sky Harbor. The project also included a larger facility for members of the airline’s Provisioning and Ground Support Equipment Maintenance Teams that opened in 2020.

The expanded hangar has also achieved Leadership in Energy and Environmental Design (LEED) Silver certification. The expansion incorporated sustainable design features including the use of recycled content in over 30% of the building materials; the installation of high-reflectance roof and surrounding paving materials to reduce heat island effect; and the selection of building products from manufacturers with verified environmental performance.

Southwest Airlines® first opened a Technical Operations base at Sky Harbor in 1986. In 1993, the airline moved into a new maintenance hangar facility to support its growth throughout the western half of the United States. Today, the carrier’s Phoenix-based Technical Operations Teams accept new aircraft deliveries to prepare them to enter revenue service and maintain aircraft as part of daily and scheduled maintenance programs.

In addition to Phoenix, Southwest operates hangar facilities in Atlanta, Chicago (Midway), Dallas (Love Field), Denver, Houston (Hobby), and Orlando. Construction is underway on a new hangar facility at Baltimore/Washington International Airport, which is anticipated to open in 2025.

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.

Dassault’s Falcon 6X receives EASA and FAA certification

August 22, 2023 / WIL BALDWIN

Saint-Cloud, France, August 22, 2023 – Today, the European Aviation Safety Agency (EASA) issued the type certificate for the Dassault (AM.PA) Falcon 6X, followed by the U.S. Federal Aviation Administration (FAA).

These certifications conclude a more than two-year-long test campaign during which 1,500 flight hours were logged worldwide. It is a significant step on the path to entry into service for the Falcon 6X, with the first units undergoing final completion.

The Falcon 6X is the most spacious, advanced and versatile twinjet in the long-range business jet segment. It has been recognized with various design awards, including the Red Dot Award and the International Yacht & Aviation Award.

Surf Air Mobility Announces the Successful Completion of Southern Airways Acquisition

August 6, 2023 / WIL BALDWIN

Los Angeles, California – August, 2023 – Surf Air Mobility Inc. (SAM), a regional platform aiming to sustainably connect the world’s communities, announced that the it has completed the acquisition of Southern Airways (“Southern”) immediately prior to its listing on the New York Stock Exchange under the ticker symbol SRFM on July 27, 2023. The combination of Surf Air Mobility and Southern will provide the basis for SAM’s anticipated expanded, nationwide regional air mobility platform. Following the close of the transaction on July 27, 2023, Surf Air Mobility has 69,742,981 basic shares and 71,603,186 fully diluted shares outstanding.

Surf Air Mobility intends to accelerate the adoption of green flying by developing, together with its commercial partners, hybrid-electric and fully-electric powertrain technology to upgrade existing fleets. By creating a financing and services infrastructure to enable this transition at an industry-wide level, Surf Air Mobility believes it can bring electrified aircraft to market at scale and substantially reduce the cost and environmental impact of regional flying. Surf Air Mobility believes such cost and environmental impact reductions are achievable by the end of the decade, and that operating as a publicly-traded company and having efficient access to growth capital will enable and accelerate the implementation of its strategic plan.

Surf Air Mobility also announced that it will release its financial results for the second quarter of 2023 and provide outlook for the full year 2023 the week of August 14, 2023.

Phoenix Police Department to Upgrade Fleet with New Airbus H125 Helicopters

September 16, 2021 / WIL BALDWIN

Grand Prairie, Texas, 16 September 2021 – The Phoenix Police Department has signed a new order to upgrade its airborne law enforcement helicopter fleet with five new H125 helicopters. Deliveries are expected to begin next year.

Known for its power, versatility and excellent performance in hot and high conditions, the H125 features dual hydraulics, dual channel FADEC, a crash resistant fuel system, and advanced glass-panel cockpit displays. The H125 accounts for nearly half of all intermediate single engine helicopters delivered for airborne law enforcement missions in North America over the last decade. It is built at Airbus Helicopters, Inc.’s production and completion facility in Columbus, Mississippi, by a team made up of 40% U.S. veterans.

Airbus Helicopters Inc. is the leading supplier of helicopters in the United States, with a presence dating back more than 50 years. A team of more than 700 employees operates local production and completion facilities for the H125 and UH-72 Lakota aircraft in Columbus, Mississippi, and provides world-class training, aftermarket support, and technical assistance from Grand Prairie, Texas, for the North American regional in-service fleet of nearly 3,100 helicopters.

Airbus Delivers First A350 From China Widebody Completion and Delivery Center

July 23, 2021 / WIL BALDWIN

Airbus has delivered the first A350 from its widebody completion & delivery centre in Tianjin (C&DC), China, taking additional steps in the expansion of its global footprint and long-term strategic partnership with China.

The A350-900 aircraft was delivered to China Eastern Airlines, the largest Airbus operator in Asia and second largest in the world. At the end of June 2021, China Eastern Airlines operated an Airbus fleet of 413 aircraft, including 349 A320 Family aircraft, 55 A330 Family aircraft and nine A350 aircraft.

Located at the same site as the Airbus Tianjin A320 Family Final Assembly Line and the Airbus Tianjin Delivery Centre, the widebody C&DC covers the aircraft completion activities, including cabin installation, aircraft painting and production flight test, as well as customer flight acceptance and aircraft delivery.

The centre was inaugurated in September 2017 with its capability on A330s. Then, during the visit of French President Emmanuel Macron to China in 2019, a Memorandum of Understanding on the Further Development of Industrial Cooperation was signed in Beijing by He Lifeng, Chairman of the National Development and Reform Commission (NDRC) of China, and Guillaume Faury, Airbus Chief Executive Officer, announcing the C&DC would extend its capability to A350 aircraft.

The A350 features the latest aerodynamic design, a carbon-fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these features translate into unrivalled levels of operational efficiency with a 25 per cent reduction in fuel burn and CO₂ emissions. The A350’s ‘Airspace by Airbus’ cabin is the quietest of any widebody aircraft and offers passengers and crews the most modern in-flight products for the most comfortable flying experience.

At the end of June 2021, the A350 Family had received 915 firm orders from 49 customers worldwide, making it one of the most successful widebody aircraft ever.

Mesa Air Group Reports January 2021 Operating Performance

February 19, 2021 / WIL BALDWIN

Mesa-2-18-21

DB and SBB to Increase Rail Service Between Germany and Switzerland

October 26, 2020 / WIL BALDWIN

Demand for international rail services between Germany and Switzerland has increased rapidly in recent years. At the Basel border crossing alone the number of passengers has increased by over 25 per cent in the past five years. Given the increasing importance of climate protection, the increase in travel by rail, an environmentally friendly mode of transport, is a trend which is expected to continue. Despite the current challenges presented by the COVID-19 crisis, the two rail companies DB and SBB firmly believe there is tremendous growth potential in rail services between Germany and Switzerland over the medium and long term. As a result, DB and SBB are planning a significant increase in services. Both rail companies today signed a memorandum of understanding on the proposals.

The planned increase in services will be made possible thanks to the opening of Stuttgart 21 and the completion of the Karlsruhe–Offenburg and Müllheim–Basel stages of improvements by 2026. The increase in services involves switching operation of all ICE services between Switzerland and Germany to ICE 4s, this being DB’s most modern train, and the use of SBB Giruno compositions in Germany.

The key features of the service increase planned from the 2026 timetable are:

– The number of direct services between Switzerland and Germany will rise from 26 at present to 35 connections a day.

– Two new direct services a day from Hamburg via Basel to Lugano will improve the services on the north-south axis via the Gotthard route. The use of the Giruno on this line means that further direct connections from Germany to Milan could be added in future.

– The new plan also involves running new direct services from Germany via Bern to Valais.

– The deployment of the ICE 4 on the Dortmund–Cologne–Basel line makes it possible to provide new direct services from North Rhine-Westphalia, Germany’s most populous federal state, to Switzerland.

– The half-hourly frequency in future on the Zurich to Chur route will allow additional direct connections from Germany to Chur to be provided.

– The journey time between Frankfurt and Zurich will be reduced by 20 minutes to 3 hours and 40 minutes.

In conjunction with the joint increase in services, SBB Giruno trains will also now be used on routes between Switzerland and Germany. SBB also plans to procure additional Giruno compositions from manufacturer Stadler Rail using existing options available. Vincent Ducrot, CEO of SBB, believes this increase in services is another major step which underlines SBB’s strong commitment to significantly improving international passenger services: “We want to make rail travel in Europe easier for our customers. Rail offers major advantages in terms of travel time and comfort and has gained further impetus from the climate debate. This is why we are focusing on the further development of international services. It is important to look at sustainable and efficient mobility at European level. Infrastructure projects, such as the Ceneri Base Tunnel and Stuttgart 21, are pioneering in this respect.” Richard Lutz, CEO of Deutsche Bahn, said: “2021 is the European Year of Rail. Projects such as the revival of the Trans Europ Express for cross-border services and the development of our cooperation with SBB demonstrate this. These are wonderful indications that rail travel is growing across the entire continent, and first and foremost, that people and economic activity in Europe are coming closer together.”

Der neue Fernverkehrszug der SBB “FV Dosto”, ein Doppelstockzug, fotografiert wahrend der Typentestfahrt in Interlaken, am Donnerstag, 11. Mai 2017. (KEYSTONE/Anthony Anex)……..

Embraer awarded ANAC and FAA Certification for Synthetic Vision Guidance System

September 29, 2020 / WIL BALDWIN

Embraer today announced that the Synthetic Vision Guidance System (SVGS) for the midsize Praetor 500 and super-midsize Praetor 600 business jets was awarded certification by both the civil aviation authority of Brazil, Agência Nacional de Aviação Civil (ANAC), and the civil aviation authority of the United States, the Federal Aviation Administration (FAA). Embraer is the first OEM to receive SVGS certification approval.

The SVGS provides pilots with a dynamic perception of position, trend, and motion, facilitating the transition to utilizing visual references and enabling the safe completion of more missions during inclement weather and lower ceiling approaches. The system allows pilots to operate the aircraft to a decision height of 150 feet (SA-CAT I), as opposed to the regular decision height of 200 feet, increasing operational efficiency and allowing access to several airports during inclement weather and lower ceiling approaches. The SVGS can be used with or without the Head-Up Display (HUD) and is now available for new aircraft and fully retrofittable on all Legacy 450, Legacy 500, Praetor 500, and Praetor 600 aircraft at any Embraer Owned or Authorized Service Center.

“At Embraer, we are committed to continuously improving our already industry-leading products to deliver the ultimate experience in business aviation. Just two months after certifying the electric pocket door and making the HEPA filter standard, we are proud to certify another Praetor 500 and Praetor 600 innovation,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “Thanks to our unparalleled engineering team and world-class partnership with Collins Aerospace, Embraer is proud to offer business aviation’s first Synthetic Vision Guidance System on the Praetor 500 and Praetor 600, further solidifying their position as the most disruptive and technologically advanced midsize business jets in the market.”

Independent of the Embraer Enhanced Vision System (E2VS), the SVGS is an optional addition to the acclaimed Collins Aerospace Pro Line Fusion flight deck on the Praetor 500 and Praetor 600. The SVGS can be installed either with or without E2VS, delivering even greater flexibility and safety options. When installed alone, SVGS allows for enviable situational awareness, without the investment required for E2VS. When installed together, the aircraft’s operational efficiency is further improved, allowing for even better utilization of the Praetor’s unparalleled short runway performance.

FAA Agrees Must Boost Safety Oversight for Southwest Airlines

February 11, 2020 / WIL BALDWIN

FILE PHOTO: A traveler checks her baggage at the Southwest Airlines terminal at LAX airport in Los Angeles

(Reuters) – The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co <LUV> had certified completion of maintenance on 88 used Boeing 737 jets, as noted in a report by the U.S. Transportation Department’s Inspector General released on Tuesday.

Budget-friendly Southwest bought the planes in question between 2013 and 2017 from 16 foreign carriers.

The final report, first seen by Reuters, said Southwest operated more than 150,000 flights carrying 17.2 million passengers on the jets without confirmation that required maintenance had been completed.

The report said the FAA has not “effectively overseen Southwest Airlines’ systems for managing risks” and made 11 recommendations to improve oversight, including retraining inspectors and developing better control over maintenance records and inspector guidance on evaluating air carrier safety culture.

While the U.S. commercial airline industry is considered safe, with only one fatality in recent years, the FAA is under heightened scrutiny by lawmakers over its relationship with the industry after two crashes overseas on the newer Boeing Co <BA> 737 MAX killed 346 people and led to that aircraft’s global grounding.

“Given the significant unresolved safety concerns that FAA has identified at Southwest Airlines, it is clear that the agency is not yet effectively navigating the balance between industry collaboration and managing safety risks at the carrier,” the report said.

The FAA said in a response included with the report it concurred with all 11 recommendations and the inspector general’s conclusion that its office overseeing Southwest did not perform in accordance with existing guidance by allowing the 88 planes to enter service and that it “lacked a comprehensive conformity inspection for used aircraft.”

Southwest told Reuters on Tuesday that eight of the 88 jets remain out of service until needed repairs are completed and that it disagreed with the report’s findings.

The report chided the FAA, saying the agency “accepted the air carrier’s justification that the issues identified were low safety risks.”

The FAA noted it changed the leadership of its office that oversees Southwest and “continues to address deficiencies in the work functions and culture.” The agency has agreed to ensure Southwest “complies with regulatory requirements that the 88 previously owned aircraft conform to U.S. aviation standards.”

Last month, the Wall Street Journal published an article on a draft of the inspector general report.

The report also said the FAA violated its own guidance in addressing noncompliance by Southwest on baggage weight and balance data. The FAA agreed to ensure Southwest complies with requirements.

On Jan. 10, the FAA said it was seeking to impose a $3.92 million fine on Southwest for alleged weight infractions on 21,505 flights on 44 aircraft between May 1, 2018 and Aug. 9, 2018.

Southwest has said it is working with the FAA to demonstrate the effectiveness of its controls and seek a resolution on the proposed penalty.

Southwest shares closed up 0.9% on Tuesday, off intraday highs.

(Reporting by David Shepardson in Washington and Tracy Rucinski in Chicago; Editing by David Gregorio and Matthew Lewis)

FILE PHOTO: A Southwest Airlines Boeing 737 plane sits on the runway waiting to take off at LAX airport in Los Angeles

Genesee & Wyoming Announces Completion of Sale to Brookfield Infrastructure and GIC

December 30, 2019 / WIL BALDWIN

Genesee & Wyoming Inc. (G&W) today announced the completion of its previously announced sale to affiliates of Brookfield Infrastructure and GIC.

Under the terms of the sale, each issued and outstanding share of G&W common stock converted into the right to receive $112 in cash. As a result of the completion of the sale, G&W’s common stock ceased trading on the NYSE prior to market open today and will no longer be listed for trading on the NYSE.

“This transaction is an excellent outcome for all G&W stakeholders,” said Jack Hellmann, Chief Executive Officer of G&W. “For our customers, employees, and Class I partners, the long-term investment horizon of Brookfield and GIC is perfectly aligned with the long lives of G&W railroad assets. We look forward to building on G&W’s track record of safety, service excellence and commercial growth as we become an important component of a portfolio of global infrastructure assets.”

About Genesee & Wyoming

G&W owns or leases 119 freight railroads organized in locally managed operating regions with 8,000 employees serving 3,000 customers.

G&W’s six North American regions serve 42 U.S. states and four Canadian provinces and include 113 short line and regional freight railroads with more than 13,000 track-miles.
G&W’s Australia Region serves New South Wales, the Northern Territory and South Australia and operates the 1,400-mile Tarcoola-to-Darwin rail line. The Australia Region is 51.1% owned by G&W and 48.9% owned by a consortium of funds and clients managed by Macquarie Infrastructure and Real Assets.
G&W’s UK/Europe Region includes the U.K.’s largest rail maritime intermodal operator and second-largest freight rail provider, as well as regional rail services in Continental Europe.

G&W subsidiaries and joint ventures also provide rail service at more than 40 major ports, rail-ferry service between the U.S. Southeast and Mexico, transload services, contract coal loading, and industrial railcar switching and repair. For more information, please visit www.gwrr.com.

About Brookfield Infrastructure

Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport, energy and data infrastructure sectors across North and South America, Asia Pacific and Europe. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. Brookfield Infrastructure Partners is listed on the New York and Toronto stock exchanges. Further information is available at www.brookfieldinfrastructure.com.

Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager with over $500 billion of assets under management. For more information, go to www.brookfield.com.

About GIC

GIC is a leading global investment firm established in 1981 to manage Singapore’s foreign reserves. As a disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. In infrastructure, GIC’s primary strategy is to invest directly in operating assets with a high degree of cash flow visibility and which provide a hedge against inflation. GIC has investments in over 40 countries. Headquartered in Singapore, GIC employs over 1,500 people across 10 offices in key financial cities worldwide. For more information on GIC, please visit www.gic.com.sg.

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