Tag: medium (Page 1 of 4)

BAE Systems acquires Malloy Aeronautics

February 3, 2024 / WIL BALDWIN

BAE Systems has acquired Malloy Aeronautics – a leading company in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Their range of uncrewed, heavy lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium range missions.

These platforms offer interchangeable capabilities and greater flexibility at a fraction of the cost and time of more traditional methods, whilst minimising risk to more expensive assets and human life. Malloy’s approximately 80 strong workforce will continue to operate from its site in Berkshire, supporting its existing customers. BAE Systems and Malloy, who have been working together in advancing cutting-edge UAS solutions since 2021, will further develop Malloy’s existing portfolio and accelerate new and novel technologies to customers worldwide.

BAE Systems and Malloy Aeronautics engineers have been collaborating to develop the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers.

ITA Airways receives its first Airbus A321neo

November 11, 2023 / WIL BALDWIN

Hamburg, Germany, November 10, 2023 – ITA Airways has taken delivery of its first Airbus Group SE (Paris: AIR) A321neo on lease from Air Lease Corporation (NYSE: AL) from Airbus’ Hamburg production facilities.

This latest addition further consolidates ITA Airways’ all-Airbus fleet strategy, which currently stands at 81 aircraft, and includes latest generation A220, A320neo, A330neo and A350 aircraft.

ITA Airways’ A321neo, which will serve the airline’s medium haul routes, is fitted with a three class configuration including 12 Business Class full flat beds with direct aisle access, 12 Premium Economy seats in 4-abreast, and 141 Economy seats of which 12 are dedicated to Comfort Economy.

ITA Airways’ A321neo aircraft features Airbus’ Airspace cabin design, which includes new XL overhead bins and customised interior lighting based on the latest full-LED technologies to help reduce jet lag. In addition, to enhance the passenger experience, each seat is equipped with the latest generation in-flight entertainment system with individual screens and on-demand content.

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.

RTX, Rafael plan new missile production facility in Camden, Arkansas

October 26, 2023 / WIL BALDWIN

East Camden, Arkansas, October 26, 2023, PRNewswire – Raytheon, an RTX (NYSE: RTX) business, in partnership with Rafael Advanced Defense Systems, will build a manufacturing facility in East Camden, Arkansas to produce the Tamir missile for the Iron Dome Weapon System and its U.S. variant, SkyHunter^®.

Through the established Raytheon-Rafael Area Protection Systems joint venture, the companies have committed to a $33 million capital investment to establish the new facility. Once operational, the facility will produce missiles for the U.S. Marine Corps and other allied partners.

Raytheon and Rafael have teamed for over a decade on Iron Dome, which has more than 5,000 operational intercepts and a success rate exceeding 90%. The U.S. version of the Iron Dome Weapon System’s Tamir, SkyHunter, is a medium-range air defense weapon designed to counter a range of threats, including cruise missiles, manned and unmanned aircraft, rockets, artillery and mortars. SkyHunter missiles will be produced for the U.S. Marine Corps Medium Range Intercept Capability, or MRIC, program.

The joint venture plans to break ground on the new facility before the end of the year with the intent to begin missile production in 2025.

DHL fulfillment network adds capacity with new warehouse in Euskirchen

October 23, 2023 / WIL BALDWIN

Bonn, Germany, October 23, 2023 – As part of the expansion of the DHL (Deutsche Post AG-Xetra: DHLn) Fulfillment Network (DFN), DHL Supply Chain has now commissioned its fourth dedicated e-commerce warehouse in Germany. The fulfillment warehouse in Euskirchen will store, pick and pack orders from both large as well as small and medium-sized customers before shipping them within Germany, Europe or even to the rest of the world.

All customers benefit from an existing infrastructure that enables the integration of webshops and customer systems as well as connection to a range of parcel service providers. In this way, new companies can quickly and easily be integrated into the network. In addition, DHL provides its customers with a wide range of data and digital tools enabling them to drive their business with minimal effort. This allows inventory to be managed, each order to be monitored and sales trends to be tracked. Furthermore, all DFN fulfillment centers are run by trained DHL employees.

The DFN model was developed in Germany and currently has a global network spanning 30 locations around the world. The new Euskirchen site has a total storage area of over 60,000 square meters and has excellent connections to parcel centers and both Cologne/ Bonn and Duesseldorf Airport. Fluctuations in order numbers and inventory levels can be handled flexibly through specialist technology and dynamic staff deployment.

SMBC Aviation Capital orders 25 Boeing 737 MAX jets

September 13, 2023 / WIL BALDWIN

Seattle, Washington, September 13, 2023, PRNewswire – Boeing [NYSE: BA] and SMBC Aviation Capital announced today the airplane lessor is ordering 25 737-8s. The new order increases SMBC’s backlog to 81 737 MAX jets focused on the market-leading 737-8.

With travel demand surging around the globe, lessors are looking to increase their single-aisle portfolios to provide airlines with more fuel-efficient jets capable of operating across various route networks.

The 737-8 provides flexibility across airline’s networks while reducing fuel use and emissions by up to 20% and on average. Each airplane will save up to 8 million pounds of CO₂ emissions annually compared to those airplanes it replaces. Boeing has secured more than 400 737 MAX family orders in 2023.

The 737-8 seats 162 to 210 passengers depending on configuration with a range of 3,500 nautical miles and operates profitably on short- and medium-haul routes.

Airbus and PHI Group sign for 20 H175 & 8 H160 helicopters

September 12, 2023 / WIL BALDWIN

Marignane, France, September 12, 2023 – Airbus Group SE (Paris: AIR) and PHI Group Inc (PHI) have signed a framework agreement that includes commitments for 20 super-medium H175 helicopters and 8 H160s to serve the energy market worldwide, including in the US. These 28 state-of-the-art helicopters will better position PHI to respond to the energy market’s expected growing offshore transportation needs. These commitments are composed of firm orders as well as purchase options that PHI may exercise during the course of the framework agreement.

PHI has been supporting the energy industry for 74 years. Today, PHI operates over 200 helicopters across the globe serving a number of markets, including energy and air medical. PHI’s Airbus fleet consists of H125, H135, H145, H160 and H175 family helicopters – with the H175 being the latest addition.

In service since 2015, Airbus’ H175 belongs to the super-medium class of helicopters, combining long-range with smooth flight qualities, making it the perfect solution for several mission profiles, including offshore crew change, public services, and private and business aviation. 54 H175s currently in service have accumulated around 195,000 flight hours, of which 170,000 are flying for the energy sector.

Designed as a multi-role helicopter capable of performing a wide range of missions, the H160 integrates Airbus’ latest technological innovations. With its light maintenance plan, the H160 optimises operating costs and offers a new standard in availability. The helicopter is powered by two of the latest Arrano engines from SafranHelicopter Engines that offer a 15% reduction in fuel burn. Both the H175 and H160 are already certified to fly with as much as 50% sustainable aviation fuel.

AirAsia X welcomes Australia and Kiwi guests on board

September 11, 2023 / WIL BALDWIN

AUSTRALIA/NEW ZELAND, 11 September 2023 – Asia’s low fare leader for medium haul international air travel, AirAsia X Bhd (Kuala,Lumpur: AIRX), reaffirms its commitment to providing the very best in terms of safe, affordable and reliable air travel for its Australian and Kiwi guests.

Following the recent (finder.com.au) survey announced earlier this week – highlighting that more than a third of Australians or more than 7 million people, have chosen to fly with a low cost airline in the past 12 months, AAX continues to play its part to make flying affordable and convenient to access over 130 destinations across Asia.

AirAsia X (airline code D7) fares on sale now are listed below:

AAX Current Flight Schedule On Sale Now – to/from Australia & Nre Zealand

Boeing and Aviation Capital Group LLC (ACG) announced today that the airplane lessor has finalized an order for seven 737-8 and six 737-10 jets as ACG grows its single-aisle options to meet robust customer demand for the fuel-efficient 737 MAX airplane family.

Boeing & Aviation Capital Group finalize order for 13 737 MAX Jets

September 6, 2023 / WIL BALDWIN

Seattle, Washington, September 5, 2023 /PRNewswire/ – Boeing [NYSE: BA] and Aviation Capital Group LLC (ACG) announced today the airplane lessor has finalized an order for 13 737 MAX jets, increasing the lessor’s order book to 47 737 MAXs.

The new, incremental order includes seven 737-8 and six 737-10 jets as ACG grows its single-aisle options to meet robust customer demand for the fuel-efficient 737 MAX airplane family.

The 737 MAX family offers carriers enhanced efficiency and route flexibility for short- and medium-haul air travel, making it a valuable asset for airplane lessors such as ACG. Lessors have ordered more than 1,300 737 MAX jets.

The 737-8 can carry up to 210 passengers based on configuration with a range of 3,500 nautical miles, while the 737-10, the largest 737 MAX model, seats up to 230 passengers with a range of 3,100 nautical miles. Both variants reduce fuel use and carbon emissions by 20% compared to the airplanes they replace.

On average, each 737 MAX saves up to eight million pounds of CO2 emissions annually compared to the airplanes it replaces. The 737 MAX is a quieter airplane, with a 50% smaller noise footprint than the airplanes it replaces.

Air Japan to Commence Service with Narita to Bangkok Route Starting February 2024

August 2, 2023 / WIL BALDWIN

Tokyo, Japan, August 2, 2023 – AirJapan, the new airline brand for medium-haul international routes under ANA HOLDINGS INC., will enter service with the launch of the Tokyo Narita-Bangkok route on February 9, 2024. The flights will depart from Narita Airport’s Terminal 1, offering convenient connections to flights operated by ANA Group airlines. Similarly, Suvarnabhumi Airport provides easy access to both connecting flights and the urban area of Bangkok.

“It is our hope that by launching AirJapan, we can showcase the very best of Japan from inside the cabin to enhance their travel journey,” said Hideki Mineguchi, President of AirJapan. “We are excited and eagerly anticipate welcoming passengers onboard to experience the exceptional journey that AirJapan offers.”

AirJapan will cater to the diverse needs of leisure and business travelers by offering a wide range of services and fare options, and aim to support the Japanese government’s target of attracting 60 million foreign visitors to Japan by 2030. Delivered under the concept of “Fly Thoughtful”, we invite you to experience a new style of travel that allows passengers to freely select and customize their services, with ANA Group’s quality of full service carrier (FSC) and convenience of low cost carrier (LCC).

Airbus Helicopters H175 granted CAAC certification

July 19, 2023 / WIL BALDWIN

Marignane, France, July 19, 2023 – Airbus (OTC: EADSY) Helicopters has received certification from the Civil Aviation Administration of China (CAAC) for the H175 helicopter. This certification will allow H175 deliveries to begin in China, one of the most demanding markets worldwide for civil helicopters with a growing need for the super-medium segment. Four H175s will be delivered to Chinese customers in 2023.

To sustain the helicopter market growth in China, Airbus Helicopters is committed to jointly work with the Chinese industry to develop the Chinese civil market with products such as the H175, aiming to serve the interests of the Chinese people and the economy. In service since 2015, Airbus’ H175 belongs to the super-medium class of helicopters. Combining long-range with advanced quality of flight, it provides the best solution for a number of missions, including offshore crew change, SAR, all public services, and private and business aviation. The 53 H175s currently in service have accumulated over 185,000 flight hours in 13 countries.

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