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Air New Zealand Receives 1,600th ATR Aircraft Delivery

Toulouse, France – In the same month as it celebrated its 40 year anniversary, ATR has reached another impressive milestone in its history, delivering its 1,600th aircraft to national flag carrier, Air New Zealand (OTC: ANZLY). This delivery highlights the enduring strength of the ATR program, providing essential connectivity to communities all over the world. It also proves the value of the ATR 72-600 at serving domestic routes in New Zealand as it is the last of 29 aircraft ordered.

While ties between the two companies initially began some 25 years ago with the delivery of first generation ATR’s, this last decade has seen the forging of closer ties, with the delivery of the 29 dash 600 aircraft and through an important collaboration that enhanced the aircraft’s approach capabilities.

The introduction of the RNP AR 0.3/0.3 feature, part of ATR’s latest Standard 3 avionics suite, helped the airline and its pilots with the accuracy of the approach into Queenstown airport and providing reliable connectivity to the local community, who benefit greatly from ski tourism in the mountainous region.

Sustainability is also a key concern for both airline and manufacturer, with Air New Zealand having chosen the ATR 72-600 for its fleet as it burns 40% less fuel and emits 40% less CO2 than a similarly sized regional jet. This shared commitment to further enhancing eco-efficiency led to an agreement to work together to explore the future of the regional aviation ecosystem, including hybrid aircraft in 2018.

EU Clears 7 Billion Euros in State Aid for Air France-KLM

BRUSSELS (Reuters) – The European Union’s competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France <AF.PA>, saying the support would provide cash to soften the economic shock of the coronavirus pandemic.

Airlines across Europe have sought state rescues as coronavirus lockdowns have forced them to ground their fleets for more than a month, with no end in sight.

“This 7 billion euro French guarantee and shareholder loan will provide Air France with the liquidity that it urgently needs to withstand the impact of the coronavirus outbreak,” the EU’s top competition official Margrethe Vestager said in a statement.

The European Commission noted the importance of Air France, with more than 300 planes, to the French economy and the role it has played in repatriating stranded citizens and transporting medical supplies.

The Commission said in its statement that the support will take the form of a state guarantee on loans and a subordinated shareholder loan to the company by the French state.

The French and Dutch governments each hold close to 14% of the Air France-KLM group, which was created by the 2004 merger between the two national carriers.

(Reporting by Gabriela Baczynska and Robin Emmott, editing by Ed Osmond and Barbara Lewis)

FILE PHOTO: Air France airplanes on the tarmac at Paris Charles de Gaulle airport in Roissy-en-France

Tesla Move will Draw Further Companies into Germany

FRANKFURT (Reuters) – Tesla’s announcement earlier this month that it will build its first European factory near Berlin will draw further companies from the electric mobility and energy storage sectors into Germany, a state premier told newspaper Die Welt.

“They are already on their way. I’m hearing there are further inquiries with the communities and the regional business development programme. Tesla will cause other companies to follow,” said Dietmar Woidke, premier of the eastern German state of Brandenburg that surrounds Berlin.

He said Brandenburg was already in talks with other companies, declining to identify them due to confidentiality agreements. “I expect that we can announce it before Christmas,” Woidke said.

Tesla’s move is a big boost for Germany as a centre for manufacturing after BMW and Daimler in recent years chose to build new factories in Hungary, and after its auto industry was hit hard by Volkswagen’s admission in 2015 that it cheated U.S. diesel emissions tests.

(Reporting by Christoph Steitz; Editing by Mark Heinrich)

Brandenburg’s PM Woidke speaks speaks to the media on Tesla European factory in Potsdam

Boeing says aircraft demand supports even faster 737 production

SEATTLE (Reuters) – A top Boeing Co executive said on Wednesday market demand was strong enough to support an even higher production rate of 63 single-aisle 737 aircraft per month but such an increase depends more on suppliers being able to keep up.

The world’s largest planemaker is also looking to remove as much risk as possible from a proposed new mid-sized jet plan by focusing on batting down development costs and applying lessons learned across multiple civil and military programs, Chief Financial Officer Greg Smith told a conference.

Boeing is currently building 52 737 aircraft per month at its Seattle-area factory. Reuters reported this week that Boeing plans to speed up to 57 planes per month in June if it can smooth out supplier delays.

(Reporting by Eric M. Johnson in Seattle; Editing by Chizu Nomiyama)

Image from http://www.boeing.com