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Air Lease Corporation announces Boeing 737-8 aircraft lease placement with LOT Polish Airlines

Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Boeing 737-8 aircraft with LOT Polish Airlines. Both aircraft are scheduled to deliver to LOT in mid-2024, and will add to the 11 Boeing 737-8s and one 787-9 Dreamliner aircraft already on lease from ALC.

Forward-Looking Statements

This press release 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.

Mt. Hutt Aviation and 369 Ltd partner to become latest MD helicopters authorized service center

MESA, Arizona, July 14, 2023 – MD Helicopters, LLC, is pleased to announce that Mt Hutt Aviation and 369 Ltd have teamed together to join MDH’s network of Authorized Service Centers (ASC). Together these organizations will increase the level of service and support to MDH aircraft in New Zealand and the surrounding Australasia region. Currently their combined maintenance services include over 40% of the MDH aircraft operating in this region.

With a combined 50+ years of experience maintaining helicopters between each organization, MHA and 369 capabilities include maintenance, avionics, refurbishment, and specialty paint services.

About Mt Hutt Aviation

Established in 2013, Mt Hutt Aviation delivers fleet management support and maintenance between two purpose-built facilities in Canterbury. In addition to maintenance capabilities, MHA offers 24/7 support on time-critical projects as well as on-site engineering and avionics services.

About 369 Ltd

Based in Tauranga in the North Island, 369 is a family operated business with decades of experience working exclusively with the MDH airframe. Their services include maintenance and repair on the full line of civilian single-engine MD Helicopters models.

About MD Helicopters

MD Helicopters, LLC (MDH) manufactures high-performance rotorcraft solutions that support operators flying military, commercial, law enforcement, utility, and VIP mission profiles. With thousands of aircraft in service worldwide, MDH has been designing and building aircraft known for their safety, versatility, responsiveness, speed, and reliability since 1947. Our commitment to product sustainment and customer success allows MDH to deliver aircraft unmatched in their performance and reliability. MD Helicopters, LLC is owned by an investment consortium comprised of MBIA Insurance, Bardin Hill Investment Partners LP, and MB Global Partners.

Court Rules in Favor of SBB for 286 Regional Service Units

In October of 2021, Stadler was awarded the contract for 286 single-deck multiple units. The Federal Administrative Court confirms the award of the contract to Stadler, and has dismissed Alstom’s appeal.

Together with its subsidiaries Thurbo and RegionAlps, SBB is procuring 286 single-deck multiple-unit trains for regional transport. Stadler was awarded the contract for this order. The unsuccessful bidder, Alstom, appealed against this decision to the Federal Administrative Court. The court has now dismissed the appeal. This court decision confirms that SBB complied with the requirements of procurement law and the equal treatment of bidders during the tendering procedure. After signing the contract, Stadler can start building the 286 multiple units for regional transport. 

The legal proceedings initiated by Alstom have an impact on the delivery of the vehicles. The first trains will now not enter service until 2026 instead of December 2025 as originally planned. The new trains will gradually replace the following rolling stock until 2034:

  • at SBB: Domino, Flirt (first generation)
  • at Thurbo: articulated railcars
  • at RegionAlps: Domino and Nina

The newly procured vehicles will help all three railway companies to implement their planned improvements to services as well as the service expansion projects planned by the Confederation and the Cantons.

Spanish Ministry of Defense Signs Deal for 36 Airbus H135 Helicopters

Marignane, France – The Spanish Ministries of Defense and Interior have ordered 36 Airbus (OTC: EADSY) H135 helicopters. This signature takes place in the context of the stimulus plan activated by the Spanish government to support the industry.  The Ministry of Defence will receive 18 helicopters to be operated by the air force and the navy while the Ministry of Interior will also take delivery of 18 helicopters to be operated by the National Police and the Guardia Civil. The deliveries will start next year. 

The Spanish Army already operates a fleet of 16 H135 helicopters. With this acquisition, these will be the Spanish Air Force’s first H135’s and the Spanish Navy’s first Airbus Helicopters product. As was the case for the H135’s acquired some time ago by the army, the new aircraft for the air force and navy will replace older helicopter models currently used for advanced pilot training. The standardisation of training fleets across the three armed forces will create synergies and lead to the implementation of new and more efficient training and support activities.

The Ministry of Interior currently has a fleet of 31 helicopters from the H135 family in operation with the National Police, the Guardia Civil, and Tráfico. The new helicopters will enable the Policía and Guardia Civil to replace the BO105 helicopters in a wide range of missions including law enforcement, surveillance, and rescue activities.

Amtrak CEO Bill Flynn’s Message on Empire Builder Train Derailment in Montana

We are in mourning today for the people who lost their lives due to the derailment of the Empire Builder train Saturday, near Joplin, Montana, on the BNSF Railway, as well as the many others who were injured. We have no words that can adequately express our sorrow for those who lost a loved one or who were hurt in this horrible event. They are in our thoughts and prayers.

We are fully cooperating with the investigation, working closely with National Transportation Safety Board, the Federal Railroad Administration, local law enforcement and response agencies. We share the sense of urgency to understand why the accident happened; however, until the investigation is complete, we will not comment further on the accident itself. The NTSB will identify the cause or causes of this accident, and Amtrak commits to taking appropriate actions to prevent a similar accident in the future.

Amtrak’s immediate and sustained focus is on doing everything we can to help our passengers and crew, especially the families of those who were injured or died, at this painful and difficult time. Our Incident Response Team has been initiated. We have sent emergency personnel and Amtrak leadership to the scene to help support our passengers, our employees and their families with their needs. Individuals with questions about their family and friends aboard this train should call 800-523-9101. We have also established a Family Assistance Center in Great Falls, Montana, and we will have family assistance liaisons at that site to reach out to those injured and their families to make sure they get what they need. We have dispatched nurse case managers to support those hospitalized. As soon as Amtrak has permission, we will access the accident site to retrieve the personal effects of our passengers and crew.

We want to extend our deep gratitude and sincere appreciation to the Joplin and greater Liberty County communities and other Montana counties and their selfless first responders, hospital staff and law enforcement for their immediate and ongoing help to support of all those aboard the Empire Builder for responding with such urgency, compassion and patience.

Phoenix Police Department to Upgrade Fleet with New Airbus H125 Helicopters

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.

Leonardo Celebrates 20th Anniversary of AW139 Helicopter First Flight

Leonardo celebrates today the 20th anniversary of the AW139 helicopter’s maiden flight. The first aircraft took to the skies from the Company’s facility in Cascina Costa di Samarate, Italy on 3 February 2001. The helicopter flew for 45 minutes checking initial airworthiness tests, hovering, lateral and forward flight, handling qualities and subsystems. This soon confirmed the impressive characteristics and the smoothness of the new model and its performance and capabilities were to become a new market benchmark, making it the most important helicopter programme in the last two decades at an international level. 

The AW139 intermediate-twin engine 7 tonne boasts orders of almost 1,200 units from more than 280 customers in over 70 countries on all continents. The aircraft has shown extraordinary levels of reliability and operational capabilities with more than 3 million flight hours recorded since the first delivery took place at the beginning of 2004. Data of use testifies the extreme versatility of the AW139 which satisfies any market need: approximately half the world’s fleet for public utility tasks such as search and rescue and air ambulance, law enforcement, fire-fighting, disaster relief and military duties. The rest account for a leading position in its class in the offshore transport sector, plus VIP, institutional and corporate transport as well as other civil missions. The AW139 fleet has a global presence: around 30% in Europe, almost as much in Asia and Australasia, 15% in the Americas, followed by the Middle East. The international success of the AW139 is so important that to meet market demands the helicopter is produced on different assembly lines both in Italy, in the Vergiate plant, and in the United States in Philadelphia which has delivered around 30% of all units to date. The US Air Force will soon introduce the AW139-based Boeing MH-139 to replace the UH-1N fleet.

The AW139 has grown significantly over the years, adapting to the changing needs of customers. The maximum take-off weight increased from 6.4 to 7 tons. Almost 1,000 mission kits and equipment have been certified. With advanced protection systems against icing, the AW139 can fly in all-weather conditions. This model is also the only one in the world capable of continuing to fly for over 60 minutes without oil in the transmission, twice as much as the 30 minutes set by certification authorities. In 2020 new distinguished features for the avionics suite were introduced including synthetic vision, Enhanced Ground Proximity Warning System with offshore modes, improved 2D maps and wireless data loading, increasing crew situational awareness and reducing workload for operations at night or in marginal weather. Despite the experience and maturity achieved in almost 17 years of operational activity, the AW139 remains a young and modern programme, destined to play a leading role into the future. The AW139 truly embeds all areas of excellence and leadership in its field at Leonardo such as transmissions and dynamics, system integration and customization, best in class performance, mission versatility, latest safety standards and a comprehensive range of increasingly localised customer support and training services and solutions, developed and grown to allow customers worldwide to maximise the capabilities of the type.  

The aircraft of choice in its class against which all existing and newcomers are measured, the AW139 also represents a turning point in the rotary-wing sector through the introductory concept of the Leonardo “helicopter family”. The AW139 is, in fact, the forefather of a helicopter family comprising of the smaller and lighter AW169 and the larger and heavier AW189. Models, the only case in the world, that share the same design philosophy, the same high performance, the same flight characteristics and the same certification standards, as well as the same approach to maintenance and training. A concept that allows operators with large diversified fleets, with models ranging from 4 to 9 tons of weight, to create significant synergies in crew training, flight operations, maintenance and logistics support.

Union Pacific Names Craig Richardson Executive Vice President, Chief Legal Officer, and Corporate Secretary

Union Pacific today named Craig Richardson executive vice president, chief legal officer and corporate secretary. Richardson is responsible for overseeing all aspects of the company’s legal affairs, including commercial transactions and litigation, regulatory matters, labor and employment. Richardson also supervises the railroad’s compliance and ethics program, and risk management initiatives, including Union Pacific’s police department. He succeeds Rhonda Ferguson, who served as executive vice president, chief legal officer and corporate secretary.

Richardson most recently served as vice president of commercial and regulatory law. He’s also held the position of associate general counsel.

“Craig has provided critical leadership, guiding us through sensitive and complex legal matters with insight, sound judgment and clarity,” said Chairman, President and CEO Lance Fritz. “He is a superior partner and counselor and has the expertise we need during this time of unprecedented change within our nation and company.”

Richardson’s experience spans commercial and regulatory litigation, including oil and gas, environmental, and antitrust law, as well as all aspects of multi-jurisdictional permitting of global energy infrastructure. For nearly a decade, he served as the Chief Legal Officer of El Paso Corporation’s Pipeline Group, the largest network of interstate natural gas pipelines in North America, delivering over 30% of the natural gas consumed in the United States. He was responsible for all legal matters nationwide, waging successful litigation in executing El Paso’s $8 billion portfolio of crucial additions to national energy infrastructure from California to New York.

Embraer Delivers Four Commercial and 13 Executive Jets in 2Q20

Embraer (NYSE: ERJ) delivered a total of 17 jets in the second quarter of 2020, of which four were commercial aircraft and 13 were executive jets (nine light and four large). As of June 30, the firm order backlog totaled USD 15.4 billion. See details below:

In the second quarter of 2020, Embraer delivered fewer commercial and executive jets than in previous years in the second quarter, largely due to the Covid-19 pandemic that is affecting the world.

In the commercial aviation segment, Embraer delivered the 1,600th E-Jet, which was received by Helvetic Airways. In addition to receiving the commemorative aircraft, the Swiss airline also announced an upgrade of its firm order with Embraer, converting four of its E190-E2s in backlog to E195-E2s, the largest aircraft in the EJets-E2 family. Helvetic`s order is now for a total of eight E190-E2s, four E195-E2s, and with purchase rights for a further twelve EJets-E2.

Also, Congo Airways converted its firm order made in December 2019 for two E175 aircraft, with purchase rights for two more, into a firm order for two E190-E2 jets, with purchase rights for a further two aircraft.

In the Defense & Security segment, Embraer delivered the third C-390 Millennium multimission medium airlifter to the Brazilian Air Force (FAB). Similar to the first two units delivered in 2019 and the additional 25 which will be delivered to the FAB, this third unit is prepared to perform aerial refueling missions, with the KC-390 Millennium designation.

In the Executive Jets segment, Embraer announced the first delivery of its new, enhanced Phenom 300E to Texas law firm Dunham & Jones, Attorneys at Law, P.C.

Embraer Delivers First Enhanced Phenom 300E on Schedule

Embraer announced the first delivery of its new, enhanced Phenom 300E — the fastest and longest-ranged single-pilot business jet, capable of reaching Mach 0.80 ― to Texas law firm Dunham & Jones, Attorneys at Law, P.C. 

The firm, which also owns a Phenom 100EV, took delivery of the enhanced Phenom 300E last week during a ceremony at Embraer’s Global Customer Center in Melbourne, Florida.  

“This milestone delivery to our friends at Dunham & Jones is a testament to our ongoing commitment to providing the ultimate customer experience in business aviation,” said Michael Amalfitano, President & CEO of Embraer Executive Jets. “We are honored to help them grow their Embraer fleet with the world’s best-selling light jet for eight years straight, which has now been even further enhanced in terms of its technology, comfort and performance to ensure its market dominance in the industry.”

“Our clients rely on Dunham & Jones attorneys for personalized, one-on-one attention, and business aviation is the conduit to make that possible,” said Paul Dunham, Principal, Dunham & Jones, Attorneys at Law, P.C. “The speed, operating cost, and comfortable cabin pressurization of the new, enhanced Phenom 300E were certainly distinguishing factors in our selection process, as was our exceptional experience with the Phenom 100EV.”

With its unparalleled technology, exceptional comfort, and stunning performance, the Phenom 300E sets the standard for the light jet category. The aircraft received technology enhancements, including an avionics upgrade, which includes a runway overrun awareness and alerting system (ROAAS) ― the first technology of its kind to be developed and certified in business aviation ― predictive windshear, Emergency Descent Mode, PERF, TOLD, and FAA Datacom, among others. The Phenom 300E also features 4G connectivity via Gogo AVANCE L5.

The new comfort-enhancing features on this jet include a quieter cabin, more legroom in the cockpit, and a new premium interior option — the Bossa Nova edition. In terms of performance, the new, enhanced Phenom 300E is even faster, capable of reaching Mach 0.80, and delivers high-speed cruise of 464 knots, and a five-occupant range of 2,010 nautical miles (3,724 km) with NBAA IFR reserves. 

The Phenom 300 series is in operation in more than 30 countries and has accumulated more than one million flight hours. It has been the world’s most delivered light jet for eight consecutive years, having accrued more than 540 deliveries since entering the market in December 2009.

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