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Rolls-Royce welcomes EVA Air as new customer

WIL BALDWIN January 12, 2024

Rolls-Royce Holdings PLC (London: RR) today announces it has signed a Letter of Intent for a TotalCare® maintenance agreement with Taiwanese airline EVA Air for 36 Rolls-Royce Trent XWB-97 engines that will power 18 new…

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Eve and Moviation Sign Letter of Intent for First eVTOL Urban ATM for South Korea

WIL BALDWIN October 1, 2023

Melbourne, Florida, September 28, 2023 – Eve Air Mobility (NYSE: EVE) and Moviation, South Korea’s first Urban Air Mobility (UAM) service provider, announced the signature of a Letter of Intent to purchase Eve’s Urban ATM…

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Lufthansa and HCS Group sign Letter of Intent on production & supply of Sustainable Aviation Fuel Made in Germany

WIL BALDWIN August 1, 2023

The Lufthansa Group (OTC: DLAKY) and the HCS Group have signed a Letter of Intent (LoI) to partner on the production and supply of Sustainable Aviation Fuel (SAF). From the beginning of 2026, the HCS…

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Singapore Airlines Selects the Airbus A350F Freighter

WIL BALDWIN December 16, 2021

Toulouse, France December 15, 2021 – Singapore Airlines (OTC: SINGY) has signed a Letter of Intent (LoL) with Airbus for seven A350F freighter aircraft. The agreement will see the A350F begin replacing the airline's existing B747-400F fleet in…

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Germany Signs Up for Five Boeing P-8A Poseidon Aircraft

WIL BALDWIN June 30, 2021

BERLIN, Germany June 30, 2021 — The German Ministry of Defense today signed a letter of offer and acceptance for five Boeing (NYSE: BA) P-8A Poseidon aircraft under the U.S. government’s Foreign Military Sales (FMS) process.…

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Mesa Air Group Plans to Lease an Additional 737-400F Cargo Aircraft

WIL BALDWIN February 27, 2021

PHOENIX, February, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced it signed a letter of intent to lease an additional Boeing 737-400F cargo aircraft currently planned to be available in May 2021. The company currently operates two…

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Amtrak Requests Funding to Avoid Service and Employment Reductions

WIL BALDWIN October 11, 2020

Following regular discussion with Congress about our federal funding needs for Fiscal Year 2021, Amtrak submitted a letter to Congress formalizing our ongoing request for up to $4.857 billion this fiscal year for Amtrak and our partners.…

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SBB and ÖBB Plan Further Expansion of Night Train Services

WIL BALDWIN September 20, 2020

SBB and ÖBB are stepping up their long-standing cooperation in international passenger services. The two railway companies are seeking to scale up the existing night train services from six to ten lines. Planning is underway…

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Amtrak Supplemental Funding Needed to Maintain Minimum Service Levels

WIL BALDWIN May 27, 2020

Amtrak submitted a letter to Congress outlining an additional $1.475 billion in supplemental funding needed in FY 2021. This additional funding is necessary for Amtrak to operate minimum service levels across the passenger rail network and continue capital investments for the future. The funds would also support Amtrak’s 17 state…

EasyJet Founder Says Will Not Inject Fresh Equity Into Company

WIL BALDWIN April 6, 2020April 6, 2020

FILE PHOTO: Easyjet founder Stelios Haji-Ioannou speaks at a media event to celebrate 20 years in business at Luton Airport (Reuters) - Stelios Haji-Ioannou, the founder of easyJet Plc <EZJ.L>, has warned that he will…