New Delhi, India, January 26, 2024 – In a major boost to ‘Make in India’, Airbus Group SE (Paris: AIR) Helicopters has announced that it is partnering with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will produce Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighbouring countries.
The FAL will be the first instance of the private sector setting up a helicopter manufacturing facility in India, providing a major boost to the Government of India’s ‘AatmaNirbhar Bharat’ (self-reliant India) programme. Under this partnership, Tata Advanced Systems Limited (TASL), a subsidiary of Tata Group, will set up the facility along with Airbus Helicopters.
The announcement was made during the two-day visit of French President Emmanuel Macron to India as Chief Guest at the Republic Day celebrations on January 26.
The FAL in India will undertake the integration of the major component assemblies, avionics and mission systems, installation of electrical harnesses, hydraulic circuits, flight controls, dynamic components, fuel system and the engine. It will also do testing, qualification, and delivery of the H125 to customers in India and the region. The FAL will take 24 months to set up and deliveries of the first ‘Made in India’ H125s are expected to commence in 2026. The location of the FAL will be jointly decided by Airbus and the Tata Group.
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.
As compared to more conventional forms of travel, AT has greater per capita consumption and economic impact for regional development, and is becoming increasingly popular in Europe, the U.S., and elsewhere, globally. AT is especially popular amongst wealthy individuals who value the importance of contributing to the local communities through travel. While demand for AT in Japan has been growing in line with increases in inbound travel, there remains a shortage of skilled guides and appropriate infrastructure conducive to welcoming international visitors.
Kammui and Japan Airlines (OTC: JAPSY) has entered a strategic alliance involving various initiatives to enhance AT in Japan with the goal of developing the market for premium tourism, with a focus on inbound travelers. Kammui and JAL will leverage their respective strengths to create premium content encouraging travelers to reconnect to nature in innovative ways and inspire more people to experiences Japan’s nature.
In cooperation with the Japan Adventure Tourism Association (JATO), where JAL belongs as one of the regular members, and the Adventure Travel Trade Association (ATTA), the largest industry organization in the AT field, JAL and Kammui will work together to develop human resources capable of promoting AT, with the goal of promoting world-class AT in Japan. The partnership will focus on developing individuals with the ability to act as leaders in their respective regions and build and promote networks in each region to enhance AT within Japan.
JAL will start offering Kammui experiences through JAL Dynamic Package, a travel product allowing customers to combine airline tickets, accommodation, activities, transportation, and other travel products. JAL will start by offering 8 AT experiences from within Kammui’s selection of more than 300 unique experiences covering a wide variety of regions of Japan. Kammui and JAL are aiming to offer new value for travelers to Japan allowing them to enjoy authentic once-in-a-lifetime experiences combining nature and culture.
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.
Alstom is proud to deliver the first two of the 25 Citadis X05 trams ordered by Attiko Metro, the urban transport authority of Athens, in July 2018. The tram will begin dynamic tests at the end of September before being put into passenger service in February 2021.
The 25 trams will run on the city’s existing network, as well as on any planned extensions. The delivery of the last tram is expected by the end of May 2021.
“Alstom is proud to bring its latest generation of tram to Athens. By providing reliable and modern rolling stock, we commit to supporting the development of urban transport in Athens, to further increase the capacity and availability of the existing lines and their extensions,”said Stavros Vlachos, Managing Director Alstom Greece.
In addition to the manufacturing and supply of the trams, Alstom is also responsible for the on-site testing, training and warranty services, as well as spare parts for the vehicles. These are Alstom’s first trams sold in Greece, after the company provided 28 metro trains in early 2000 for the first Athens Metro project.
The modern Citadis X05 trams will supplement the existing fleet of light rail vehicles for use on the network in Athens and Piraeus. This latest generation from the Citadis range offers superior passenger experience, with 20% more glass surfaces, LEDs for soft, homogeneous lighting, large individual seats, and travel information on large screens via a telematic system. The five-section trams will be 33 metres long, with a capacity of 294 passengers. Double doors along the entire length of the tramway ensure enhanced accessibility.
The Citadis X05, the latest version of the Citadis range, boasts a number of new technologies, including permanent magnet motors for higher efficiency, as well as optimised HVAC (heating, ventilation and air-conditioning), which together reduce its energy consumption by 25%. Simplified sub-system integration and maintenance decrease lifecycle costs, while the tramway is 97% recyclable. To date, Citadis X05 has been sold in cities such as Sydney, Paris, Nice, Avignon, Caen, Lusail, Frankfurt and Athens.
2,700 vehicles of the Citadis range have been sold in 60 cities worldwide. Citadis trams have covered over 1 billion kilometres and transported 10 billion passengers since the first tram entered service in 2000.
Strenghtens Rolls-Royce’s market position in safety-critical applications with a leader in dynamic uninterruptible power supply
Completes Rolls-Royce’s product offering and accelerates the strategy of offering integrated solutions
Acquisition expected to deliver cost and revenue synergies, and help support medium-term profitability and create long-term shareholder value
Rolls-Royce is strengthening its business in power supply for safety-critical systems with the completion of the acquisition of Kinolt S.A., a Belgian-based specialist in dynamic uninterruptible power supply. Rolls-Royce is already a leading provider of back-up power generation through its Power Systems business with its product and solutions brand MTU. This market has remained a growth area during the Covid-19 pandemic and is expected to grow in the coming years as customers look to further minimize their risk of disruption.
Uninterruptible power supply systems are used wherever stable electricity is required or a power failure would be extremely harmful, for example within data centres, hospitals or manufacturing facilities which operate sensitive processes. This acquisition is another important step on the strategic journey of Power Systems towards becoming a full-service provider of integrated solutions. Kinolt’s uninterruptible emergency power supply technology is particularly well suited to applications where space is at a premium, such as urban areas or installations in existing buildings and complements Rolls-Royce’s own MTU branded solutions for large scale and greenfield sites. As a result, the deal is expected to result in cost and revenue synergies, medium-term long-term shareholder value in the back-up power generation business.
Andreas Schell, CEO of Rolls-Royce Power Systems, said: “The extraordinary times created by the Covid-19 pandemic have shown just how important it is to secure electricity supply to sensitive and critical infrastructure. The provision of uninterruptible power is vital in any situation and even more so today, as it ensures the provision of vital services such as medical care or the world’s continued flow of internet traffic. Without it, no public authority or company would be able to act in any crisis.”
The demand for uninterruptible power solutions is expected to remain strong in the aftermath of the Covid-19 pandemic. The acquisition of Kinolt will give Rolls-Royce a market-leading solution for businesses and local authorities who experienced issues with supply, or do not wish to run the risk again.
“We originally signed the deal to acquire Kinolt before the full global impact of Covid-19 was apparent,” added Schell. “Since then we have rigorously examined the rationale for the transaction and the opportunities it presents to our business and concluded that the arguments in favour of the acquisition are even stronger than before.”
Power Generation is already the top-selling segment within the Power Systems business. In the future it is expected to be the only manufacturer in the world able to supply customers with all components and consequently a complete uninterrupted power generation system in the power range from 200 to 3,200 kVA. Kinolt’s technology consists of a combination of rotating, kinetic mass storage devices, a diesel engine and a generator that can also be used as an electric motor. MTU engines from Rolls-Royce are often already used within Kinolt’s solutions. The Kinolt system is connected between the external power supply system and safety-critical equipment and supplies the latter with the required electrical power during normal operation. The grid frequency and voltage are generally more stable than the grid of public power suppliers. This is necessary because data servers, computer-controlled systems or sensitive devices such as those in hospitals can fail in the event of voltage and frequency fluctuations. In the case of a power failure, the flywheel mass accumulator ‘bridges’ the first few seconds before the diesel engine takes up the load.
“We will integrate the products and systems of our new subsidiary into our MTU product portfolio,” said Andreas Görtz, Vice President of Power Generation at Rolls-Royce. “Our worldwide sales and service network will open up new market opportunities by offering innovative uninterruptible power solutions. This will significantly strengthen our market position in safety-critical applications.”
Kinolt is based in the town of Grâce-Hollogne in the Belgian province of Liège and was known as Euro-Diesel until mid-2019. The transaction was completed on 1 July 2020 following the approval of antitrust authorities.
Rolls-Royce stärkt sein Angebot an Stromversorgungssystemen für sicherheitskritische Anwendungen mit dem Abschluss der Übernahme von Kinolt S.A., einem in Belgien ansässigen Spezialisten für dynamische unterbrechungsfreie Stromversorgung.
Rolls-Royce is strengthening its business in power supply for safety-critical systems with the completion of the acquisition of Kinolt S.A., a Belgian-based specialist in dynamic uninterruptible power supply.
Avec l’aboutissement de l’acquisition de Kinolt S.A., un spécialiste de l’alimentation dynamique sans interruption (ASI) établi en Belgique, Rolls-Royce élargit son offre de systèmes d’alimentation électrique dédiés aux applications cruciales en matière de sécurité.
Rolls-Royce heeft de overname afgerond van Kinolt S.A., een in België gevestigde specialist voor dynamische onderbrekingsvrije stroomvoorziening. Met deze overname vergroot het zijn aanbod van stroomvoorzieningssystemen voor veiligheidskritische toepassingen.
ALSTOM; IBRE ; experienced designer and producer and brake discs & levers; IBRE , experienced designer and producer and brakedisc & levers; 89100 Saint-Denis-lès-Sens.Autorisation image OK
Alstom is taking a new step forward in the implementation of its AiM (Alstom in Motion) strategic plan in France with the acquisition of Ibre, a company specialised in the development, manufacture and supply of cast iron or steel brake discs for high-speed, intercity, regional and suburban trains, trams and metros. Alstom and Ibre already had a long working relationship on projects for SNCF.
With the acquisition, Alstom will reinforce its internal capabilities regarding railway braking systems, which are essential to the overall dynamic performance of trains.
Ibre employs around 30 people at its Sens site in the region of Bourgogne Franche Comté and had a turnover of approximately €10 million in 2019. It is a company with an international scope, with more than half of its sales in France, of both original equipment and replacements. The rest primarily serves customers in Austria, Australia, Belgium, Scandinavia, England, India and Germany.
“This acquisition represents very promising development potential for Ibre and its employees and is in line with Alstom’s strategy to extend its know-how,” says Jean-Baptiste Eyméoud, Senior Vice President Alstom France.
Railway brake discs are one of the critical components of the braking system. Alstom’s acquisition of Ibre represents a unique opportunity to extend its offer. Ibre products will be offered as original equipment and as part of maintenance contracts. Following completion of the transaction, which took place on 30 June, the company, renamed “Alstom Ibre”, becomes a wholly owned subsidiary of Alstom.
IBRE is an experienced designer and producer and brake discs & levers
El Al Israel Airlines is outsourcing operation of its main freighter route between Tel Aviv and Liege, Belgium, to Atlas Air Inc. under an extended charter arrangement.
Atlas, an aviation services company headquartered in Purchase, N.Y., said Tuesday it is leasing El Al a Boeing 747-400 all-cargo aircraft, operating it with its own crew and providing maintenance and insurance (ACMI) beginning this month.
El Al, a new customer for Atlas, is experiencing strong growth in demand across its freight network, according to the announcement. The Israeli carrier sells the space on the plane and covers expenses such as ground handling, landing fees and fuel.
No terms of the commercial cooperation were disclosed, but ACMI deals typically run for one to three years.
Total of 31 metro trainsets comprising of 248 cars will be manufactured at the company’s state-of-the-art plant at SriCity
Alstom, leader in sustainable and smart mobility, today commenced the manufacturing of metro trainsets for Mumbai Metro Rail Corporation (MMRC) at its factory in SriCity, Andhra Pradesh. The ceremony was preceded by Mr. Alain Spohr – MD, Alstom India & South Asia. The first metro train after testing will be delivered by November 2020.
Alstom’s overall contract with MMRC for Line 3 is worth €452 million. The order includes manufacturing of 31 lightweight, fully-furnished modern metro trains of 8 cars each. Along with rolling stock, Alstom will also execute the power supply contract and equip Line 3 with Urbalis 400, its latest generation of CBTC signalling technology. The scope of the signalling contract includes unattended train operation (UTO), computer-based interlocking and centralised train supervision; an integrated telecom solution comprising of CCTV, passenger information, passenger annoncement and Giga bit network; platform screen doors, as well as the electrical and mechanical supervisory control and data acquisition system (E&M SCADA).
Speaking on the occasion, Alain Spohr, Managing Director of Alstom India and South Asia said, “This will be the new face of transportation for the commercial capital of India. Mumbai is a global city and it is set to get a world-class metro experience. The trainsets are custom-designed for Mumbai. Themed on Dynamic Fluidism that takes inspiration from the city, the train prioritises high interior density layout to maximise space efficiency. The trainsets will be able to accomodate at least 3000 people on a single trip, easing daily commute for Mumbaikars.”
He further added, “As announced earlier, we are on track to double our manufacturing capacity at SriCity – from 240 to 480 trainsets per annum. The factory is currently executing orders for Chennai Metro, Montreal Metro (Réseau Express Métropolitain) and Mumbai Metro Line 3. Alstom recently won a contract with Sydney’s NRT to supply the rolling stock and signalling system for the next stage of Sydney Metro. 23 six-car fully-automated Metropolis trains for the project will be manufactured at our SriCity facility.”
The Aqua Line trainsets will feature a host of safety elements including CCTV cameras, smoke detectors, emergency intercoms, fire extinguishers with wider detrainment doors to quickly evacuate passengers in case of an emergency. The inclusive design of trainsets will serve to the differently-abled individuals with ease of travel and includes dedicated space for wheelchair in every car. The overall exterior and interiors of the trainset are inspired by the undying energy of Mumbai and its people who are always on the move and hustle all day long.
Alstom will also train maintenance and operations staff for the project. It is also the first time that any metro train in India will have 75% motorization, enabling quick acceleration and deceleration thereby bringing about greater efficiency in operations. The trains will also be equipped with regenerative braking system aiding significant reduction in carbon emissions. In addition to the above features, it is the first UTO (Unattended Train Operation) project in Mumbai.
Alstom and Mumbai Metro Rail Corporation (MMRC) unveiled the life-sized mock-up of the trainset for Mumbai Metro Line 3 (Aqua Line). The new, iconic and exclusive design for Mumbai meets all technical and manufacturing parameters. The mock-up provides a glimpse of the advanced features that will make daily commute substantially easier for millions of citizens in the city.
Once operational, the Aqua Line will reduce vehicular congestion by offering a better alternative that will be fast, efficient and sustainable. Earlier, in August this year, the scale model of the rolling stock was unveiled by Devendra Fadnavis, Chief Minister of Maharashtra in presence of Ashwini Bhide, Managing Director of MMRC along with senior officials. At the same event, Line 3 was christened as Aqua Line, inspired by the vital flow of the sea which is an integral part of the city.
Speaking of this milestone, Alain Spohr, Managing Director, Alstom India and South Asia said, “Our objective was to create an appropriate, future-proofed design that is relevant to the people, the city and their expectations. This theme is called – Dynamic Fluidism. All technical and manufacturing parameters have been met in respect to the high interior density layout and space efficiency. We are proud to present this ‘New Face of Mumbai Transportation’. Alstom is committed to support MMRC in easing the transportation challenges of Mumbai. With the project stipulating more than 80% localized manufacturing, this contract further reinforces Alstom’s commitment to invest, grow and Make in India.”
The design takes inspiration from the positive energy of Mumbai and architecture of the city–which is an amalgamation of different styles from around the world. The theme captures evolution of the city’s architectural landscapes over the years.
The exterior theme is a tribute to the energy flowing through the city of Mumbai – the city that never sleeps. Inspired by the vital flow of water and aspiring to be a fast, efficient and sustainable mode of travel, to become the new lifeline for the people of Mumbai.
The interior colour harmony is inspired by the people of Mumbai–always on the move, who turn to the sea for peace and are soothed by its waves and breeze. This inspired the idea to use a unique blend of comfort (beige) and freshness (arctic green) to provide a relaxing and refreshing travel experience.
The trainsets for Aqua Line will be equipped with regenerative braking system aiding significant reduction in carbon emissions. The 177.2 meter-long trainsets will have higher capacity capable of ferrying around 3,000 passengers in one trip to accommodate high passenger flow.
Aqua Line trainset will have safety features that include CCTV cameras, smoke detectors, emergency intercoms, fire extinguishers with large detrainment doors to quickly evacuate passengers in an emergency. The trainsets have appropriate signages, three rows of grab rails, grab handles, poles for holding and dedicated space for passengers with luggage. The design also ensures easy accessibility and comfort for the differently abled, with dedicated space for wheelchair in every car.
MMRC awarded Alstom a contract worth €315 million to supply 31 lightweight, fully-furnished modern passenger trainsets of 8 cars each (total 248 metro cars) for Mumbai Metro Line 3 (Aqua Line) in September 2018. Along with rolling stock, Alstom will also execute the power supply contract and equip Line 3 with Urbalis 400, its latest generation of CBTC signalling technology. The scope of the signalling contract (worth €100 million) includes unattended train operation (UTO), computer-based interlocking and centralised train supervision, platform screen doors, as well as the electrical and mechanical supervisory control and data acquisition system (E&M SCADA).
The Aqua Line has 27 stations (26 under-ground & 1 at-grade), 33.5-km long underground stretch connecting the busiest and most congested regions in Mumbai – one of the fastest growing cities in India. The metro line will connect Cuffe Parade business district in the extreme south of the city to Santacruz Electronics Export Processing Zone in the north-central. The Aqua Line will be the first underground metro line in Mumbai and will be one of the longest underground continuous stretches in India.
Canopy by Hilton Madrid Castellana, first for Spain;
El Metropol Madrid, Curio Collection by Hilton, first for Madrid;
Atocha Hotel Madrid, Tapestry Collection by Hilton, first for Spain and first outside Americas
MADRID and MCLEAN, Va. – Hilton (NYSE: HLT) today announced the signing of three hotel franchise agreements with strategic investor partners, bringing three new brands to Madrid, of which two mark brand entries to the country. The addition of Canopy by Hilton Madrid Castellana; El Metropol Madrid, Curio Collection by Hilton; and Atocha Hotel Madrid, Tapestry Collection by Hilton represents a significant milestone for the global hospitality company, illustrating Hilton’s continued investment in Madrid as a premier tourist destination and its ambitions to further expand across Spain.
Patrick Fitzgibbon, senior vice president, development, EMEA, Hilton, said: “Spain has seen a surge in popularity, and Madrid is a particularly strong tourist market that has so much to offer. In 2018 the city welcomed a record-breaking 10 million visitors, making Madrid one of Europe’s most dynamic destinations for both business and leisure travellers. Responding to the increasing demand for great hotels combined with opportunities from world-class infrastructure investment and regeneration programmes, Hilton has expanded its portfolio to bring some of our most popular brands to Spain. Our new Madrid hotels will offer fantastic guest experiences and enrich communities.”
Canopy by Hilton Madrid Castellana
In partnership with Hotel Investment Partners (HIP), Hilton introduces its upper-upscale lifestyle brand, Canopy by Hilton, to Spain. HIP, Blackstone’s hotel investment platform, own the property and intend to invest €34 million in the hotel’s transformation, which will offer 311 guest rooms and multiple dining outlets, including a terrace restaurant overlooking Carlos Trias Bertran Square and a signature lobby café, Canopy Central. Expected to open in 2021, Canopy by Hilton Madrid Castellana is a perfect venue for guests looking to explore the capital. Situated close to the Paseo de la Castellana, one of the longest and widest avenues of Madrid, the hotel is near vibrant neighbourhood bars and restaurants, commercial buildings and international company headquarters, as well as Madrid’s world-famous Santiago Bernabéu Stadium, home of Real Madrid Football Club.
El Metropol Madrid, Curio Collection by Hilton
Joining a global portfolio of more than 70 one-of-a-kind hotels and resorts and located at the corner of Calle de la Montera and Gran Via, El Metropol Madrid, Curio Collection by Hilton is in the heart of Madrid’s historical town centre and close to the lively Puerta del Sol neighbourhood. With many rooms facing Gran Via, one of the city’s bustling streets with theatres, cinemas, shopping, restaurants and bars, guests can enjoy a stunning view of Madrid city life. Guests at the 93-room upper-upscale hotel will enjoy a range of facilities and amenities, including a rooftop bar with unbeatable city views. Its central location means many tourist attractions are within walking distance with easy access to Madrid’s metro network and connections to its business district. In partnership with owning company Montera 47, El Metropol Madrid is slated to make its debut in January 2021, joining existing Curio Collection hotels in Barcelona, Alicante, Malaga and Ibiza.
Atocha Hotel Madrid, Tapestry Collection by Hilton
Atocha Hotel Madrid, Tapestry Collection by Hilton joins a portfolio of hotels that offer guests unique style and an authentic connection to their destination. Brought to market by hotel operator Panoram Hotel Management, the 46-room hotel on Calle Atocha is just metres from Madrid Atocha railway station, the busiest in Spain, and is within walking distance of popular tourist attractions, including the Museo Reina Sofia, Prado Museum and the El Reitro Park. The first Tapestry Collection hotel to open in Spain and the brand’s first outside the Americas, Atocha Hotel Madrid will introduce the Tapestry Collection experience to Madrid locals and visitors alike. Amongst the amenities available, guests can select to stay in one of four Five Feet to Fitness rooms, a revolutionary in-room wellness concept created by Hilton allowing guests to work out in their guest room, with more than 11 pieces of fitness equipment and accessory options to choose from. The hotel is anticipated to open in the first quarter of 2020.
Hilton opened its first hotel in Madrid in 1953 and has since continued its commitment to investing in the city and supporting its growth as a leading tourist destination. Other Madrid properties include Hilton Madrid Airport (284 rooms), DoubleTree by Hilton Madrid Prado (61 rooms) and the 138-room Hampton by Hilton Madrid Alcobendas, located on Avenida de Fernando Alonso, which is set to open in January 2020.
Expansion on the Iberian Peninsula is a strategic focus for Hilton, and the company is growing faster in the region than ever before. It has signed a new Franchise or Management Agreement for a hotel in Spain every two months for the past two years, which represents more than 1,800 new keys. Hilton’s current Spanish portfolio of 12 hotels and resorts offers more than 2,000 hotel guest rooms and suites.
