Tag: global (Page 1 of 34)

Etihad Airways expands schedule with two new destinations

February 29, 2024 / WIL BALDWIN

Abu Dhabi, UAE – In the latest significant boost to its global network, Etihad Airways, the national airline of the United Arab Emirates, has announced substantial updates to its summer schedule.

This strategic expansion includes the addition of new flights and increased frequencies to existing routes, reinforcing Abu Dhabi’s position as a global connector and enhancing travel options.

The airline is set to broaden its reach by launching flights to two new fantastic and sought-after destinations: Beginning 15 June, Etihad will operate three seasonal weekly flights between Abu Dhabi and Antalya (AYT), Turkey. Operations to Jaipur (JAI), India will start 16 June with four weekly flights.

More, more, more

Starting 15 June, Etihad is increasing its service frequency to a number of key destinations:

The weekly flights to Thiruvananthapuram and Amman will be increased by three, totalling 10 and 14 respectively. Additional services include three more flights to Cairo for a total of 24, Karachi increasing to 17, and Colombo to 20 weekly flights.

The latest expansion contributes to an overall 33 per cent increase in Etihad’s total weekly flights, growing from 635 last summer to 847 in 2024, and extends Etihad’s reach from 65 to 75 destinations, significantly enhancing worldwide connectivity.

Manchester City 787 | Etihad Airways

Qatar Airways Holidays launches Formula 1® 2024 Season packages

February 19, 2024 / WIL BALDWIN

Doha, Qatar – Qatar Airways, the Global Partner and Official Airline of F1®, in partnership with Qatar Airways Holidays, announced today the launch of its fan packages for the upcoming FIA Formula One World Championship™. The packages allow fans travelling from more than 40 countries to be up-close to high-octane action and enjoy unique experiences.

From the beginning to end of their journey, the packages are designed for fans to enjoy a seamless motorsport extravaganza, with the inclusion of return flights, hotel accommodation, F1® Paddock Club or Grandstand race tickets, and return airport transfers for all global races (excluding Qatar). Packages are available for purchase at: qatarairways.com/f1.

This year, fans are also encouraged to experience guided track tours, pit lane walks and more with the F1® Paddock Club™ packages, featuring savings of up to 20 per cent on global race packages. One of the best spots to watch the action, offering world-class cuisine and free-flowing beverages, the Paddock Club™ is the pinnacle of F1® hospitality. In addition, Qatar Airways Privilege Club members can collect Avios and Qpoints on all fan packages, accumulating rewards to use towards future travel and experiences while helping them retain and quickly reach their next tier. Members can also purchase their package using Cash + Avios.

Maersk introduces new digital solution for Air Freight booking

February 12, 2024 / WIL BALDWIN

Mumbai, Maharashtra, India – A.P. Moller – Maersk AS (US-OTC: AMKBY), as a part of its integrated logistics solutions, has launched a fully digital solution for customers willing to purchase air freight solutions. The new online solution available on Maersk.com provides customers with an option to book their air cargo requirements through a simple online tool that will provide customers with instant prices for as many as 70,000 connections between virtually all relevant airports globally. With the launch of this new solution, Maersk takes further steps towards connecting and truly simplifying its customers’ supply chains.

Maersk’s air freight cargo coverage extends to 70,000 airport pairings across more than 90 countries around the world. Being a fully online solution, the platform also allows the customer to book cargo movement for any of the 70,000 airport pairings from anywhere in the world.

Maersk’s air freight solutions offer cargo movement from most of India’s international airports. Combined with Maersk’s integrated logistics solutions that include a robust hinterland coverage of distribution network, Maersk allows such cargo movement to and from 80% of India’s postal/ZIP codes with end-to-end pick-up and deliveries.

Customers can also add Maersk Customs Services for seamless customs clearance and track their cargo from anywhere, at any time.

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.

Maersk and Air Cargo News highlight global trends in 2024 air cargo market

February 2, 2024 / WIL BALDWIN

The air cargo sector is undergoing a demand slowdown due to global macroeconomic conditions. Post-Covid normalisation as well as global geopolitical crises, most notably in the form of military conflicts, have been the root cause.

Looking ahead, there is little confidence that this situation will improve drastically in the near term. This is partly due to rising interest rates and the termination of key government support programmes.

With customer demands getting more nuanced, a high level of flexibility seems to be the need of the hour. Air freight operators need to be nimble and provide solutions that lower operating costs and save time.

Here’s a quick fly-by of air cargo trends in 2024…

Click here to read the full story!

Alstom signs contract to supply 16 electric locomotives in Romania

January 29, 2024 / WIL BALDWIN

January 29, 2024 – Alstom, global leader in smart and sustainable mobility, and the Romanian Railway Reform Authority (ARF) have signed a contract for the delivery of 16 Traxx 3 MS electric locomotives and 20 years of associated maintenance services. The contract, totalling around €150 million, extends Alstom’s collaboration with ARF within the rolling stock sector. The 20-year maintenance and repair period can be extended by a further 20 years by concluding an additional agreement.

The Traxx locomotives offer a flexible design based on a robust, modular platform approach compatible with many applications (single or multi-country freight and passenger transport) and available in various configurations (AC, DC and multi-system). This product delivers increased operational performance and reliability with higher energy efficiency and extended maintenance intervals to improve its availability.

Alstom has been active in Romania for almost 30 years and is a market leader in railway electrification and signalling solutions. The company is responsible for implementing signalling or electrification solutions on the Rhine-Danube railway corridor as well as in the Cluj area, where the company is also part of the consortium building the second metro system in the country, in the city of Cluj Napoca. The first CBTC urban signalling solution in the country is under implementation by Alstom on Bucharest’s metro Line 5. The company has also been the provider of maintenance services for the Bucharest metro fleet for nearly 20 years, with an ongoing contract valid until 2036.

Lufthansa launches direct flights from Hyderabad to Frankfurt

January 19, 2024 / WIL BALDWIN

Furthering its commitment to India and enhancing its presence on the subcontinent, Deutsche Lufthansa AG (Xetra: LHAG) German Airlines is pleased to announce direct services from Hyderabad, capital of the Indian state of Telangana and Frankfurt, Germany.

Once known as the City of Pearls due to its historical significance in the pearl and diamond trade, Hyderabad has long been a hub for merchants and traders from all over the world. Today, Hyderabad is India’s 4th largest city, an emerging technological, aerospace and Indian pharma hub, with a strong presence of major multinational companies including Google & Microsoft as well as Boeing & Airbus. As a growing capital city in a prosperous state, both Hyderabad and the State of Telangana have contributed to the economic success of India today. An investment hub as well as a centre for innovation, Hyderabad combines the old-world charm of its rich history with the dynamism of 21st century India.

As the leading European carrier in India, Lufthansa now operates direct connections from Germany to 5 destinations in the country with Hyderabad-Frankfurt being the latest addition to its global network. As the fastest growing major market for Lufthansa globally, capacity growth in India exceeds pre-pandemic levels.

Forward-Looking Statements

HEINEKEN picks Siemens for decarbonization program

January 16, 2024 / WIL BALDWIN

HEINEKEN, the world’s most international brewer, has selected Siemens as a partner for its global Net Zero Production roadmap, as part of HEINEKEN’s ambitions to reach net zero in Scopes 1 and 2 across all production sites by 2030.*

Siemens and HEINEKEN will work together on a long-term decarbonization program which will see Siemens implementing solutions and services from its Siemens Xcelerator portfolio, to reduce energy usage at more than 15 HEINEKEN beer and malt production sites, spanning facilities across Asia-Pacific, the Americas and Europe. Additional sites will be added in a second phase.

HEINEKEN and Siemens collaborated on an initial project of consulting, auditing, and advisory services, using an energy digital twin to simulate and analyze a typical HEINEKEN brewery in the virtual world, identifying where significant energy savings could be made. The simulation showed approximately 70 percent of energy use was linked to the generation of heating and cooling necessary for the brewing process. By optimizing and monitoring these cooling and heating systems through an end-to-end program, Siemens estimates energy savings of between 15-20 percent at each site, and an average CO2 reduction of 50 percent at each site.

Alstom to build two infrastructure sections on Florence tramway Line 4

January 12, 2024 / WIL BALDWIN

January 12, 2024 – Alstom SA (Paris: ALSO), a global leader in smart and sustainable mobility, has been awarded a contract by the Municipality of Florence, valued at € 50 million for the construction of track, catenary, substations, and lighting system for Line 4.2 of the city’s tram system, with an option for Line 4.1, worth €49 million.

The tender was awarded to a temporary consortium of companies composed by the mandated company CMB together with Alstom, Hitachi Rail and ComNet, and covers operations spanning across a distance of 5.3 kilometres (11 stops) of Line 4.2 Campi Bisenzio-Piagge. The Line 4.2 will connect Le Piagge station to San Donnino and from there to the centre of Campi Bisenzio.

The contract includes an option, for the second lot, which will cover the 6.3 kilometres of Line 4.1 Piagge-Leopolda (13 stops) will connect Line 4.2 with the city centre.

The project is financed by National Recovery and Resilience Plan funds.

The works will be carried out by the System & Infrastructure team in Rome and the components for the electric traction will be designed and supplied by the Alstom site in Valmadrera, Lecco.

Forward-Looking Statements

Korean Air to expand cargo SAF program with Yusen Logistics

January 9, 2024 / WIL BALDWIN

Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of sustainable aviation fuel (SAF) in the air cargo industry. The two companies signed a Sustainable Aviation Fuel Cooperation Program Agreement at the Yusen Logistics headquarters in Tokyo.

Yusen Logistics is the airline’s first cargo SAF partner based in Japan, and the two companies will collaborate to promote SAF usage within the Asian region in alignment with the aviation industry’s climate change goals.

In September 2023, Korean Air launched a program to use SAF for air cargo operations with air cargo customers and forwarders, a first of its kind in Korea in the air cargo industry. Customers are able to purchase SAF for air cargo operations, and Korean Air will share the carbon emissions reductions with its customers.

Korean Air is committed to cooperating with all relevant governments, clients and oil refinery companies to expedite the use of SAF and create an efficient domestic SAF infrastructure in Korea.

Alstom signs contract for Saudi Arabia Tramway Project

January 9, 2024 / WIL BALDWIN

January, 2024 – Alstom, a global leader in smart and sustainable mobility, signed a contract of more than €500 million with The Royal Commission for AlUla’s pioneering battery-powered tramway, the world’s longest catenary-free line.

The fully integrated Alstom tramway system will feature 20 state-of-the-art Citadis B battery-trams. The 22.4km line will encapsulate richness, history, and green mobility like no other, linking 17 strategically located stations, offering unmatched access to AlUla’s five core historical districts, including UNESCO World Heritage sites such as AlUla Old Town (District 1), Dadan (District 2), Jabal Ikmah (District 3), Nabataean Horizon (District 4), and Hegra Historical City (District 5).

This ambitious project aims to deliver unique transit options for residents and tourists, with innovative, climate-adapted trams.

Alstom plays a pivotal role in this project, from comprehensive system design to integration, installation and testing and commissioning of the catenary-free and battery-powered tramway. Alstom will also deliver power supply, signalling, communication, and depot equipment and provide full maintenance for the trams for 10 years, using HealthHub, Alstom’s tool for predictive maintenance and fleet management to deliver the highest availability. The services teams will also use an itinerant workshop for all types of overhauls to be more flexible and reduce capital expenditure, and provide robust training programmes for tram personnel, ensuring operational efficiency. The project will draw on Alstom’s global in-house expertise in integrated railway systems. The trams will be manufactured across Alstom’s French production sites, including La Rochelle for both design and construction.

Here’s a quick fly-by of air cargo trends in 2024…

Archives