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.
Melbourne, Florida, December 18, 2023 – Eve Air Mobility (NYSE: EVEX) held its Customer Advisory Board meeting last week at its headquarters in Melbourne, Florida. Customers and partners from 12 companies and nearly every continent came together to discuss the aircraft, operations, ecosystem readiness and services and solutions.
Eve’s Customer Advisory Board includes a wide variety of operators including fixed-wing and rotorcraft operators and lessors, all with the objective of co-creating the Urban Air Mobility (UAM) ecosystem. The discussions included optional items and vehicle configuration and passenger cabin experience. In addition, attendees also received a program and product update from Eve´s leadership.
Eve also took the opportunity to highlight its worldwide sales and support network which includes a broad customer support infrastructure. Eve’s customers will also benefit from Embraer’s global service and support network which includes 10 existing services centers and 66 third-party service centers around the world.
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.
Tokyo, Japan – Japan Airlines Co., Ltd. (Tokyo Stock Exchange: 9201) and REGENT Craft Inc. (Headquarters: United States, CEO: Billy Thalheimer, hereinafter referred to as “REGENT”) have announced the signing of a comprehensive partnership agreement to establish a system for seaglider operations in Japan. The agreement follows a strategic investment in REGENT made earlier this year by JAL Innovation Fund, the CVC of JAL. Through this agreement, the two companies aim to implement next-generation mobility where people can move safely and comfortably with zero emissions.
The all-electric seagliders being developed by REGENT are wing-in-ground effect craft that fly several meters above the water on a cushion of air trapped between the wings and the water’s surface. Seagliders are attracting attention as a new form of sustainable mobility, further expanding the possibilities of new transportation methods that do not place a burden on the environment, as well as the development of new markets.
The new agreement signifies a commitment to deepen business development between the two companies. With the goal of establishing a system of seaglider operations in Japan, JAL aims to utilize its accumulated knowledge of safe operation while REGENT brings its technological expertise to the table. Together, the companies will collaborate to drive awareness and understanding of seagliders in the region, identify jurisdictions for seaglider operations by JAL and JAL Group operators, develop infrastructure for seaglider operations – including a planned demonstration flight in 2025 – and obtain certification for the safe operation of electric seagliders. In addition, JALUX Co., Ltd. (location: Minato-ku, Tokyo, CEO: Satoru Takahama) will act as a sales agent for the maritime craft.
Beautiful scenic of mountain and cloudscape seen from above.
Kielce, Poland, September 7, 2023 – Boeing (NYSE: BA) is showcasing the F‑15EX Eagle II fighter aircraft to Poland as a potential U.S. Department of Defense Foreign Military Sales program. The announcement was made at the annual MSPO International Defence Industry Exhibition where Boeing is highlighting advanced defense systems, capabilities and services.
Boeing has made significant investments in the F-15EX making it the most capable multirole fighter aircraft in production today. The aircraft offers improved survivability and capability with:
fly-by-wire flight controls,
a new electronic warfare system,
an all-glass digital cockpit,
the latest mission systems and software capabilities,
as well as the ability to carry advanced hypersonic weapons.
The F-15EX is in production with two aircraft delivered to the U.S. Air Force. Indonesia recently became the 8th country to select the F-15 and will become the first export customer of the latest FX variant when the sale is finalized.
Boeing has been present in Poland for more than 30 years. With headquarters in Warsaw, Boeing Digital Solutions & Analytics operations in Gdańsk and Parts & Distribution Services in Rzeszow, Boeing employs more than 1,000 people in Poland and is currently establishing strong engineering capability in all of its three locations. In addition to its growing footprint in-country, Boeing is an important partner of the Polish aviation industry and has strong relationships with local communities, industry, airlines, Polish Government and the Polish Armed Forces.
Maersk (OTC: AMKBY) is strengthening our promise to customers of integrated, end-to-end logistics solutions by growing our air freight services in a strategic transportation hub. The new Atlanta facility enhances our offering, providing customers with superior supply chain flexibility supported by our expanded regional capabilities in warehousing and transportation. We will be able to leverage this connectivity to bolster our air freight network across North America, Europe, Asia Pacific, and the world.
Located in Atlanta Tradeport’s Foreign Trade Zone, the new air cargo facility enjoys lower duties, reduced processing fees, and quicker movement of goods from the port of Savannah. The site is located just two miles from Atlanta Hartsfield-Jackson International Airport and has direct access to interstates I-75 and I-285.
The new Atlanta facility builds on several initiatives designed to bolster Maersk’s air freight services in North America. The company recently opened a new Chicago air freight gateway facility to add more supply chain integration opportunities for customers using Chicago O’Hare International and Rockford International. Prior to that, Maersk also launched a new air freight service with regular flights between South Carolina, Korea, and China operated by Miami-headquartered cargo airline Amerijet International.
9 November 2021 – Israel Railways (ISR) has issued a notice to proceed for the supply of additional 36 Traxx locomotives from Alstom (OTC: ALSMY) as part of its framework agreement in 2015 for the supply of 63 electric Traxx and additional 74 double-deck coaches in 2019.
In September 2015, ISR ordered 62 Traxx 160 km/h P160 AC3 locomotives. The contract also included an option for additional 32 units.
The 36 locomotives will be delivered between April 2023 to October 2024, at a beat rate of two or three locomotives each month and will include unique features and advanced safety features. To date, Alstom concluding the delivery of 27 locomotives to ISR. The delivered locomotives are serving ISR growing electrified network, the locomotives maintained by ISR at the Lod depot with warranty services support by Alstom’s Product Introduction teams.
The locomotives are powered with 6,000 kW traction suited for ISR electric network of 25kV 50 H. The Traxx electric-locomotive hauled ISR Twindexx Vario red double-deck coaches delivered by Alstom. More than 500 of these double-deck cars are successfully in service in Israel since 2002, providing safe, reliable and comfortable journey to all passengers in Israel.
More than 2,300 Traxx locomotives have been sold around the world in the last 20 years. They are authorized to operate in 20 countries around the world and drive a cumulative total annual mileage of 300 million km.
Alstom has been contributing to the development of railway systems in Israel for more than 30 years, and everyday hundreds of thousands of Israelis enjoy its products, services, and green and sustainable mobility solutions. The company operates in 6 sites in Israel: the headquarters in Tel-Aviv, a retrofit site and Fleet Maintenance site in Haifa, a vehicle production site in Dimona and a Signaling project in Tel-Aviv and Be’er-Sheva. Alstom retains over 250 employees in Israel and is involved in 8 advanced infrastructure projects, for which it provides passenger coaches and electric locomotives, signaling and integration systems and maintenance services.
Boeing [NYSE: BA] and BBAM Limited Partnership (BBAM) today announced that the lessor is expanding its 737-800 Boeing Converted Freighter fleet with 12 additional firm orders. The agreement brings BBAM’s 737-800BCF orders and commitments to 31 as e-commerce and express cargo markets continue to drive strong customer demand for freighters.
BBAM will be the first customer to have a 737-800BCF converted at Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA), a Costa Rica-based maintenance, repair and overhaul (MRO) provider. In May, Boeing announced it would open two conversion lines at COOPESA in 2022.
In a separate deal announced in January, BBAM placed six firm orders and six options for the 737-800BCF. The 737-800BCF has won more than 200 orders and commitments from 16 customers.
BBAM is the world’s largest dedicated manager of investments in leased commercial jet aircraft providing over 200 airline customers in more than 50 countries with fleet and financing solutions over the last three decades, and the only significant manager in sector focused exclusively on generating investment returns on third party capital. With more than 500 aircraft under management, BBAM employs over 150 professionals at its headquarters in San Francisco and offices around the world, located in New York, London, Tokyo, Singapore, Zurich, Dublin and Santiago. BBAM is a full-service lessor and maintains its own in-house capabilities encompassing aircraft origination, disposition, lease marketing, technical maintenance, regulatory compliance, capital markets activity, tax structuring, legal, contracts and finance, for all asset types and strategies.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com
“Universal Avionics is proud to be selected as the Enhanced Flight Vision System provider for the AS2 supersonic business jet,” said Dror Yahav, UA Chief Executive Officer. “By using the SkyLens as a wearable Head-Up Display, the ClearVision EFVS brings unprecedented capabilities to the airplane and demonstrates a compelling roadmap to the future, on top of the proven operational landing credit and all-weather operation.”
ClearVision provides an innovative Combined Vision System (CVS) displayed on the pilot and copilot SkyLens HWD, the only display of its kind certified today for commercial aviation. The intuitive avionics suite includes UA’s high-resolution EVS-5000 Enhanced Vision System (EVS) camera, composed of six sensors for a comprehensive and unprecedented multispectral coverage, and 3D Synthetic Vision System (SVS). ClearVision greatly improves crew resource management in the cockpit of the AS2, supporting Aerion’s ongoing mission of faster point-to-point travel. In addition, ClearVision offers pilots the ability to overcome degraded visibility situations day and night to move in and out of airports faster, saving time and increasing operational efficiency. With SkyLens, pilots continuously operate head-up and are able to monitor flight information while retaining 3D situational awareness of terrain, and eventually aircraft traffic, through the system’s unlimited 360-degree Field of Regard.
“We are truly excited to bring ClearVision to the highest levels of the business aviation market,” commented Marc Bouliane, UA Vice President of Business Development, Marketing and Services. “For the past year, we have worked diligently with Aerion’s engineering, flight operations and supply chain teams to refine a solution that fits the vision set forth by Aerion. We are honored to have been selected for this ground-breaking project and look forward to the production launch of the AS2 in 2023.”
ClearVision is a trusted and certified solution, flying today on a number of fixed wing and rotary wing aircraft. Nearly 3,000 ClearVision EVS cameras have been fielded to date. Pilots have a discernable Visual Advantage against incandescent and LED airport lighting systems, and the compact size of SkyLens is critical for profiled cockpits such as in the AS2.
“With a proven track record of innovation, Universal Avionics has become the market leader in Head-Wearable Display systems and EVS sensors. This industry-leading technology will offer pilots of the AS2 unparalleled vision and enhanced situational awareness capabilities,” said Steve Berroth, Aerion’s Chief Operating Officer and Executive Vice President of Aircraft Development. “We look forward to our continued collaboration as we seek to change the future of aviation together.”
Aerion’s pursuit of faster point-to-point travel begins with the launch of the AS2 supersonic business jet. Designed to be inherently environmentally responsible from first flight, the AS2 is the first supersonic aircraft designed to be powered by 100% engineered synthetic fuel and reach supersonic speeds without the need for an afterburner.
The manufacture of 300 AS2 aircraft is planned for the first decade of production. The AS2 will be the first aircraft to be assembled at the company’s new global headquarters in Melbourne, Florida – Aerion Park. The state-of-the-art development – powered by sustainable technology – will incorporate headquarters operations plus an integrated campus for research, design, build, and maintenance of the company’s supersonic aircraft.
Boeing [NYSE: BA] and BBAM Limited Partnership today announced the lessor is expanding its 737-800 Boeing Converted Freighter fleet with six firm orders and six options. The agreement brings BBAM’s 737-800BCF orders and commitments to 15 and highlights the continued strength of the e-commerce and express cargo market.
“As we look ahead to expanding our cargo fleet, the 737-800 Boeing Converted Freighter provides the performance and efficiency our customers need,” said Steve Zissis, CEO of BBAM. “Adding these highly capable freighters to 276 Boeing airplanes in our managed fleet helps to further strengthen our leadership position in the marketplace.”
Based on the popular Next-Generation 737, the 737-800BCF is meeting customer demand for a newer-generation freighter that offers higher reliability and lower fuel consumption and operating costs per trip compared to other standard body freighters. Primarily used to carry express cargo on domestic or short-haul routes, the airplane is capable of carrying up to 23.9 tonnes (52,800 pounds) and flying up to 2,025 nautical miles (3,750 kilometers). Since entering service in 2018, the 737-800BCF has won more than 150 orders and commitments.
“BBAM is one of the industry’s leading full-service leasing companies and has built their reputation on smart investments. We are honored that BBAM has selected more 737-800BCFs, based on the success of our standard body freighters in their portfolio,” said Ihssane Mounir, Boeing’s senior vice president of Commercial Sales and Marketing. “The continued strong demand for the 737-800BCF demonstrates the critical role these converted freighters play in the growing express and e-commerce market.”
BBAM is the world’s largest dedicated manager of investments in leased commercial jet aircraft, providing over 200 airline customers in more than 50 countries with fleet and financing solutions over the last three decades. BBAM is the only manager in the aircraft leasing industry focused exclusively on generating investment returns for third-party investors. BBAM currently has more than $28 billion of assets under management and employs over 150 professionals at its headquarters in San Francisco and in additional offices in Tokyo, Singapore, Zurich, Dublin and Santiago. For more information about BBAM, please visit its website at www.bbam.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 and leverages the talents of a global supplier base. 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.
