Tag: minister (Page 1 of 4)

Air Niugini orders 6 Airbus A220 aircraft

November 3, 2023 / WIL BALDWIN

Toulouse, France, November 3, 2023 – Air Niugini, the national flag carrier of Papua New Guinea, has signed a firm order with Airbus Group SE (Paris: AIR) for six latest generation single aisle A220-100’s under its fleet modernisation program. In addition, the carrier will acquire three A220-300s and another two A220-100’s from third party lessors.

The order was announced at a special event in Port Moresby by Gary Seddon, Acting Chief Executive Officer Air Niugini and Anand Stanley, President Airbus Asia-Pacific, in the presence of the Honorable James Marape, Prime Minister of Papua New Guinea and Honorable William Duma, Minister for State Enterprises.

Air Niugini also announced that it has selected a flight planning support system from Airbus subsidiary NAVBLUE for its fleet. Called N-Flight Planning (N-FP), the solution will help the airline optimise on fuel, time and cost to meet operational needs, while ensuring overall safety and compliance.

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.

Lockheed Martin unveils Slovakia’s first F-16 block 70 aircraft

September 10, 2023 / WIL BALDWIN

Greenville, South Carolina, September 7, 2023 – The first F-16 Block 70 aircraft for the Slovak Republic was unveiled at Lockheed Martin’s (NYSE: LMT) facility in Greenville, South Carolina, during a visit from the country’s Minister of Defence, Martin Sklenar.

The Slovak Republic will be the first European country to receive this newest and most capable version of the Fighting Falcon. The F-16 Block 70 aircraft will deliver decades of 21st Century Security capabilities in support of the Slovak Republic’s national security.

This F-16 Block 70 jet is the first of 14 to be delivered to the Slovak Republic.

Indonesia Ministry of Defense Visit, Republic of Indonesia; TNI Lieutenant General (Purn) Prabowo Subianto tours F-15EX Production in Building 101; F-15 Static Display in Building 75 and Ceremonial Statement Signing in Building 100 Prologue Room - St. Louis, MO. MSF23-036 Series.

Indonesia Announces Commitment to Acquire Boeing F-15EX

August 21, 2023 / WIL BALDWIN

ST. LOUIS, MISSOURI, August 21, 2023 – The Republic of Indonesia and Boeing (NYSE: BA) shared their commitment to finalize the sale of 24 F-15EX aircraft to Indonesia, subject to U.S. government approval, during a visit of Indonesia’s Minister of Defense Prabowo Subianto to the United States.

The signing of a Memorandum of Understanding (MoU) by Air Vice Marshal Yusuf Jauhari, Head of Defense Facilities Agency, Indonesia Ministry of Defense, and Mark Sears, Boeing Fighters vice president and program manager, took place today at the company’s St. Louis facility following a tour of the F-15EX production line.

The F-15EX is the most advanced version of the F-15 ever built, with digital fly-by-wire flight controls, a new electronic warfare system, an all-glass digital cockpit, and the latest mission systems and software capabilities, which will all be leveraged in delivering the new F-15IDN.

Boeing and Indonesia have worked in partnership for nearly 75 years to support the development of aerospace and defense capabilities in the country through training, supply chain development and collaborations. Today, Boeing’s presence in Indonesia covers commercial aviation, defense, space, supply chain, academia partnerships and talent development efforts across the local industry.

Currently the F-15 is operated by seven countries around the world.

Alstom and partners inaugurate first REM segment in Montreal Canada

July 28, 2023 / WIL BALDWIN

July 28, 2023 – The Groupe PMM consortium led by Alstom (OTC: ALSMY), Groupe des partenaires pour la mobilité des Montréalais, participated in the inauguration hosted by its customer, CDPQ Infra, of the first segment of Réseau express métropolitain (REM), a new automated urban rail system, which connects Brossard on Montreal’s South Shore with Montreal’s Central Station. Upon completion, REM will be one of the world’s largest automated transport networks – 67 kilometres long with 26 stations – connecting downtown Montreal to the South Shore, the North Shore, the West Island and Pierre Elliott Trudeau International Airport, it will provide rapid service with trains arriving every 3 minutes 45 seconds during peak hours and operate 20 hours a day.

Groupe PMM provided REM with a complete driverless, automated metro system, including rolling stock and signalling, and will operate and maintain the entire 67-kilometre system for 30 years. The first segment, between Brossard and Montreal’s Central Station, spans 17 kilometres and includes five (5) stations equipped with a system of platform screen doors installed by Alstom, a first in Quebec. Eighty (80) Metropolis metro cars will be operated on this segment, which will enter commercial service on July 31st.

The event was held in the presence of Justin Trudeau, Prime Minister of Canada, François Legault, Premier of Quebec, Valérie Plante, Mayor of Montreal, Charles Émond, President and CEO of the Caisse de dépôt et placement du Québec, Jean-Marc Arbaud, CEO of CDPQ Infra, Henri Poupart-Lafarge, Chairman and CEO of Alstom, Michael Keroullé, President of the Americas region for Alstom and Jean-Michel Morvan, Director of the Groupe PMM consortium.

Under the terms of the contract, Groupe PMM will supply 212 Alstom Metropolis metro cars (106 two-car trainsets), Alstom’s Urbalis GoA4 (Grade of Automation 4) driverless and automated communications-based train control (CBTC) solution, and Alstom’s Iconis control centre solution, as well as platform screen doors, Wi-Fi connectivity, cybersecurity, depot equipment and 30 years of operations and maintenance services, including HealthHub^TM for predictive maintenance and fleet management. Groupe PMM is also responsible for train and system integration tests.

Airbus inaugurates new Toulouse A320 Family final assembly line

July 10, 2023 / WIL BALDWIN

Toulouse, France, July 10, 2023 – Airbus (OTC: EADSY) has inaugurated its new A320 Family final assembly line (FAL) in Toulouse during a ceremony attended by French Minister of Economy & Finance Bruno Le Maire, French Transport Minister Clement Beaune, Minister of State for Industry Roland Lescure, and Minister of State for Territorial Collectivities and Rural Affairs Dominique Faure, as well as hundreds of Airbus employees.

A variety of innovations feature prominently in this latest A320 Family final assembly line, with the aim of maximising product quality, efficiency, as well as establishing new standards for health, safety and sustainability. These innovations include digital production control using tablets and smartphones to reduce paper consumption, automated logistics for parts distribution and light-weight robots for joining sections.

Installed in the former A380 “Jean-Luc Lagardère” assembly building, the new FAL started initial operations at the end of 2022 with the delivery of the first fuselage sections. The roll-out of the first aircraft fully assembled in this facility – an A321 – is expected to take place by the end of this year. The industrial site will progressively ramp up operations between now and 2025, directly employing around 700 workers.

The Helicopter Company Expands Airbus Helicopter Fleet with Order for 26 aircraft

December 6, 2021 / WIL BALDWIN

Jeddah, Saudi Arabia – The Helicopter Company (THC), established by the Public Investment Fund (PIF) as the first and only helicopter services provider licensed to operate commercial flights in the Kingdom of Saudi Arabia, today announced that it has signed a second purchase agreement with Airbus (OTC: EADSY) Helicopters.

The agreement was signed by Raid Ismail, Chairman of the Board of THC and Bruno Even, CEO of Airbus Helicopters, in the presence of His Excellency Khalid Al Falih, Minister of Investment and His Excellency Franck Riester, Minister Delegate for Foreign Trade and Economic Attractiveness.

The partnership will contribute to the ongoing expansion of THC’s regional fleet ahead of announcing an exciting new journey as a General Aviation champion, with twenty orders of the newly launched five bladed H145 and six ACH160 models. All aircraft feature cutting-edge technologies and biofuel-compatible engines, marking a significant milestone in developing alternatives to conventional aviation fuels and achieving decarbonization of helicopter flights.

Launching its services in 2019, THC was established by PIF as part of its strategy to activate new sectors in Saudi Arabia that support the realisation of Vision 2030 and generate long-term commercial returns, while meeting the growing demand for luxury tourism and air travel services. THC previously signed an agreement to buy 10 Airbus H125 helicopters to increase access to domestic tourism destinations and provide services such as filming and aerial surveying – and is now further expanding its services with the addition of the H145 and H160 to its fleet.

The purchase agreement forms part of THC’s ongoing strategic regional alliances with industry leaders, including a recent partnership with The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project. The contract for the provision and operation of a twin engine helicopter, crew and maintenance technicians, facilitates TRSDC emergency medical services (EMS) with alternate configuration change capability for passenger utility transport at TRSDC’s site on the west coast of Saudi Arabia.

Rolls-Royce Announces Funding Secured for Small Modular Reactors

November 8, 2021 / WIL BALDWIN

Rolls-Royce (LSE: RR.L) announced today that following a successful equity raise, the Rolls-Royce Small Modular Reactor (SMR) business has today been established, to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology.

Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited will invest £195m across a period of around three years. The funding will enable the business to secure grant funding of £210 million from UK Research and Innovation funding, first announced by the UK Prime Minister in ‘The Ten Point Plan for a Green Industrial Revolution’. Today’s announcement is another step towards the delivery of the Government’s net zero strategy and its 10-point plan.

The business, which will continue to seek further investment, will now proceed rapidly with a range of parallel delivery activities, including entry to the UK Generic Design Assessment (GDA) process and identifying sites for the factories which will manufacture the modules that enable on-site assembly of the power plants. Discussions will also continue with the UK Government on identifying the delivery models that will enable long-term investment in this vital, net-zero enabling technology. Rolls-Royce SMR is engaging with export customers across many continents who need this technology to meet their own net zero commitments.

Rolls-Royce SMR is using proven nuclear technology, coupled with a unique factory-made module manufacturing and on-site assembly system, to harness decades of British engineering, design and manufacturing knowhow. It brings together the best of UK industry to ensure a decarbonisation solution that will be available to the UK grid in the early 2030s. The potential for this to be a leading global export for the UK is unprecedented.

Nine-tenths of an individual Rolls-Royce SMR power plant will be built or assembled in factory conditions and around 80% could be delivered by a UK supply chain – a unique offering in energy infrastructure in the UK. Much of the venture’s investment is expected to be focused in the North of the UK, where there is significant existing nuclear expertise

A single Rolls-Royce SMR power station will occupy the footprint of two football pitches and power approximately one million homes. It can support both on-grid electricity and a range of off-grid clean energy solutions, enabling the decarbonisation of industrial processes and the production of clean fuels, such as sustainable aviation fuels (SAF) and green hydrogen, to support the energy transition in the wider heat and transportation sectors.

Air New Zealand Updates Covid-19 Alert Levels Following New Cases in Auckland

February 14, 2021 / WIL BALDWIN

Prime Minister Jacinda Ardern has announced that New Zealand is going back into lockdown following reports of 3 new Covid-19 cases in the south Auckland area. Following the press release earlier today, Air New Zealand (OTC: ANZLY) is asking that customers traveling to and from Auckland check they are eligible to travel under the new Alert Level 3 restrictions. Customers travelling from Alert Level 2 regions on our services are able to transit through Auckland on their way to other Alert Level 2 regions.

Food and beverage service onboard domestic flights had already been suspended in response to the latest community cases and this suspension will remain in place until further notice. Water is available on request on all flights.

From tomorrow, Air New Zealand’s Auckland lounges and valet parking will close. Due to capacity restrictions under Alert Level 2, the maximum number of people able to access the airline’s lounges in other regions is capped at 100.

While the country is at elevated Alert Levels, Air New Zealand will be taking extra precautions to keep its staff and customers safe. Air New Zealand front line staff and cabin crew will be wearing masks and gloves and customers are required to continue to wear face coverings onboard.

Customers with existing bookings between Monday 15 February and Sunday 21 February who wish to rebook to travel before Sunday 7 March will have any fare difference waived, and customers can call the contact centre to arrange this.

In addition to this, customers who hold a ticket for a domestic flight scheduled to depart up until 30 March 2021 and no longer wish to travel are able to opt in for credit and can do this via the airline’s online booking tool. Customers who are unable to manage their booking online do not need to contact Air New Zealand immediately or prior to their flight’s departure – assistance will be provided at a later date to find an alternative flight option or a credit note can be arranged.

The Air New Zealand contact centre and social media team are currently experiencing very high demand and the airline is grateful to customers for their patience while it works through these changes.

For the latest information, customers can check the Air New Zealand COVID-19 Hub and travel alerts page.

Dassault Aviation Receives Order for 12 Rafales for French Air and Space Force

February 1, 2021 / WIL BALDWIN

Eric Trappier, Chairman and CEO of Dassault Aviation, has signed a contract for the sale of 12 Rafale aircraft with Florence Parly, French Minister of the Armed Forces. These aircraft will replace the 12 Rafales of the French Air and Space Force (FASF) sold to the Hellenic Air Force.

The contract was signed during a visit by the French Minister of the Armed Forces to the Argonay plant in Haute-Savoie which has produced the flight control systems for all Dassault aircraft since 1963.

Dassault Aviation and its industrial partners would like to thank the French Ministry of the Armed Forces, the French defense procurement agency DGA and the Armed Forces for their renewed confidence.

“This contract for 12 new aircraft will enable our Air and Space Force to continue the Rafale build-up while awaiting the fifth tranche, which is scheduled for delivery between 2027 and 2030. The contract is a great satisfaction for Dassault Aviation, Thales, Safran and the 500 French companies involved in the program, in the particularly difficult conditions facing our aeronautics sector in the context of the Covid crisis“, said Eric Trappier.

Eric Trappier, Florence Parly, General Philippe Lavigne (Chief of Staff of the French Air and Space Force) and Guilhem Reboul (representing the French Defense Procurement Agency).

Siemens Mobility SignsMoU to Install Egypt’s First High-Speed Rail System

January 17, 2021 / WIL BALDWIN

Agreement comprises a rail system with a network of around 1000km – first being a 460km project valued around 3bn$
Turnkey Engineering, Procurement and Construction project including 15 years of services
Siemens Mobility to provide high-speed and regional trains, locomotives, rail infrastructure, system integration and other services

The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility have signed a Memorandum of Understanding (MoU) – together with the local companies Orascom Construction S.A.E. and The Arab Contractors (Osman Ahmed Osman & Co.) – to design, install and commission Egypt’s first ever high-speed rail transportation system. Additionally, Siemens Mobility will be providing maintenance services. The agreement comprises a rail system with a network of 1000km, with the first being a 460km high-speed line. The order value of this initial high-speed line is around 3bn$.

The MoU was signed by Essam Waly, Chairman of Egypt’s National Authority for Tunnels, and Michael Peter, CEO Siemens Mobility, in a meeting on January 14, 2021 in Cairo. This was witnessed by His excellency, Prime Minister Mostafa Madbouly, His excellency, Minister of Transport Egypt Kamel Al Wazir, as well as Siemens CEO Joe Kaeser and Siemens Deputy CEO Roland Busch.

The first 460 km long high-speed line will connect the vastly developing cities of El-Alamein on the Mediterranean Sea to Ain Sokhna on the Red Sea, while also passing through the New Administrative Capital. The line will also be operable for freight transport purposes which will further foster economic growth in the region.

Siemens Mobility is the global leader in high-speed rail operations and is one of the leading companies in the Egyptian mobility market since the 1960s. The company has also extensive experience in delivering high-speed rail projects in the Middle East and Africa region.

As a leading global rail turnkey project provider with a proven track record of delivering projects on time, Siemens Mobility integrates its portfolio elements and delivers complete rail systems reliably and from one single source. So far, the company has successfully completed around 50 turnkey projects all over the world – delivering many ahead of schedule. Latest projects include the Extension of the Blue Line metro in Bangkok finished last year and the Copenhagen Light Rail project.

For further information about Siemens Mobility, please see: www.siemens.com/mobility

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