Penang, Malaysia, August 12, 2023 – AirAsia (5238.KL) celebrated its newly-resumed flight from Hong Kong to Penang today with a grand welcome. The route, operated with a thrice weekly frequency, marks a significant milestone for AirAsia making it the only low-cost carrier offering this direct air connection between the two vibrant cities.
The welcoming ceremony was graced by the Deputy Minister of Tourism, Arts and Culture of Malaysia, YB Khairul Firdaus Akbar Khan, the Caretaker Penang State EXCO for Tourism & Creative Economy, YB Yeoh Soon Hin, Chief Executive Officer of Penang Global Tourism, Mr Ooi Chok Yan, and Non-Executive Director of Capital A, Dato’ Abdul Aziz Bakar, further highlighting the importance of this new connectivity for both leisure and business opportunities.
Flight AK2280 departed from Hong Kong International Airport and arrived at Penang International Airport at 2.55pm with an impressive load of 96 percent, of which elated guests were greeted with a warm reception. Guests on board the flight were welcomed with a water cannon salute and were treated to exclusive AirAsia merchandise.
The famous ‘Pearl of the Orient’ renowned for its rich history, diverse culture, and delectable cuisine has long been a popular destination for both leisure and business travellers. With the introduction of this new route, AirAsia aims to enhance connectivity between Hong Kong and Penang, making it more seamless for travellers to explore the beauty and charm of this picturesque island.
Bonn, Birkirkara – DHL Express, the world’s leading express service provider, and SmartLynx Malta announce the signing of a new partnership agreement for the introduction of two newly converted Airbus A321-200 freighters joining DHL’s European air fleet. The new technically advanced narrow-body fleet type is adding capacity to meet the increasing demand for express cargo transportation worldwide combined with further improving DHL’s unit Co2 emissions by introducing the most fuel efficient narrow-body aircraft in its class.
SmartLynx is a family member of Avia Solutions Group, the largest aerospace business group from Central & Eastern Europe, and has extensive experience operating the A321 family of aircraft. This agreement sets a new hallmark as SmartLynx’s Malta subsidiary enters into the freighter market.
The partnership comes as both a confirmation and a recognition of SmartLynx Malta’s standing in the aviation industry, and its place in supporting the growing demand for air cargo capacity. Increasing demand for e-commerce shipments and also highly important protective and medical goods, require additional air cargo capacity. The fuel-efficient Airbus A321-200 achieves superior unit reductions in CO2 emissions compared to similar class freighter models. By investing in these aircraft, SmartLynx Malta illustrates its commitment towards embracing a future focused on cleaner, more sustainable air freight carriage.
Smartlynx Malta is planning to add two additional A321Fs during 2021 and up to four units during 2022, with a business target of becoming one of the largest narrow-body cargo freight carriers within the next three years.
Qatar Airways Cargo took delivery of three Boeing [NYSE:BA] 777 Freighters as the airline continues to build its cargo division with the world’s largest and most capable twin-engine freighter. The milestone also marks the 200th 777 Freighter to be delivered.
The triple delivery comes as air freight is playing a pivotal role amid the COVID-19 pandemic – including transporting newly approved vaccines – and is projected to increase more than 4% over the next two decades.
With the arrival of the trio of 777 Freighters, Qatar Airways Cargo now operates 24 of this airplane model along with two 747-8 Freighters. As one of the leading air cargo carriers in the world, Qatar’s dedicated freighter fleet serves more than 60 freighter destinations worldwide via its world-class Doha hub and also delivers freight on the belly-hold deck of passenger aircraft to an extensive network.
“With the arrival of these new freighters, we are injecting more capacity in the market which is very much required during the pandemic. The added capacity will also enable us to support the logistics around the COVID-19 vaccination, which is projected to be one of the greatest logistical challenges for the industry,” said Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker. “With our investments in innovation and fleet, we are able to fulfill our customers’ logistical requirements and facilitate the continuity of global trade.”
The 777 Freighter can fly 4,970 nautical miles (9,200 kms) and carry a payload of 224,900 pounds (102,010 kg). The airplane’s long range translates into significant savings for operators like Qatar Airways Cargo as fewer stops reduce landing fees, congestion, cargo handling costs and delivery times.
“During these challenging times, Qatar Airways Cargo has been transporting humanitarian relief and medical goods to those in need, and we are proud that their growing fleet of 777 Freighters is supporting such a commendable effort,” said Ihssane Mounir, senior vice president, Commercial Sales and Marketing, The Boeing Company. “We deeply appreciate our long-standing partnership with Qatar Airways and their confidence in the 777 Freighters as the backbone of their expansive global air cargo operations.”
The 777 Freighter is now Boeing’s top selling freighter. Customers from around the world have ordered 242 777 Freighters since the program began in 2005, including a record 45 units in 2018. Boeing, the market leader in air cargo aircraft, provides more than 90% of the dedicated freighter capacity around the world, including new production and converted freighters.
Alstom has been awarded a contract by AB Transitio, Region Skåne through Skånetrafiken, Region Blekinge, Hallandstrafiken AB, and DSB SOV to equip a fleet of 77 X31 regional trains with ERTMS onboard train control system, with an option of an additional 34 trains. All trains will be ready by end of 2023. The contract is worth about 35 million euro.
The trains are running in the growing Öresund region in the South of Sweden, and Eastern Denmark.
Alstom will install a solution that features an integrated dual system enabling the trains to run on legacy lines equipped with ATC-2 system in Sweden, whilst being also able to run on lines newly equipped with the ERTMS Level 2 system both in Sweden and Denmark. Furthermore, the trains are also equipped to run on the existing ZUB 123 system in Denmark. The design of the dual system minimizes hardware equipment by sharing some on-board components, and the wheel sensors. Alstom is the ERTMS market leader and is currently delivering a similar solution in Norway on over 400 trains, to be completed in 2026.
“We are very pleased to deliver an onboard control system solution for AB Transitio and their fellow vehicle owners for Öresundstrafiken. This contract is a strategic win for Alstom in Sweden, where its longstanding international ERTMS experience now will be applied to a major part of the train fleet in southern Sweden,” said Björn Asplund, Managing Director of Alstom Sweden.
“To us, an updated and modern train fleet is important as we see a steadily increasing flow of passengers to a region that continues to grow. With a new digital signalling system, the trains will continue to provide a very safe railway service in the Öresund region”, says Stefan Kallin, CEO of AB Transitio.
The project will be delivered by Alstom Sweden together with Alstom center of excellence for ERTMS in Charleroi, Belgium. Installation design and supply chain will be performed by the Alstom team in Copenhagen, Denmark.
Alstom’s Atlas is the worldwide number one in on-board ERTMS equipment, representing 70% of the on-board systems in service in ERTMS Level 2. Today, across 20 countries, trains under Atlas supervision have covered over 150 million kilometers, including Deutsche Bahn’s ICE3 fleet recently equipped in Germany. Alstom has also delivered the first ERTMS Level 3 in commercial service in the world in Germany.
SWISS took delivery today of the first of 25 new aircraft of the Airbus A320neo family. The new arrival was formally welcomed to the fleet and named “Engelberg” in a ceremony at Zurich Airport. In acquiring these advanced and efficient short- and medium-haul aircraft, SWISS is further underlining its commitment to resource-friendly aviation. With its innovative engine technologies, the Airbus A320neo consumes some 20 per cent less fuel than comparable aircraft of the older generation. SWISS’s new Airbus A320neo also features a newly developed seat that tangibly enhances its passengers’ travel comfort.
The first Airbus A320neo of Swiss International Air Lines (SWISS) landed in Zurich at 10:57 today. The aircraft, which bears the registration HB-JDA, arrived directly from Airbus’s Hamburg-Finkenwerder works airport in northern Germany. SWISS will be receiving a total of 25 new aircraft of the Airbus A320neo family (the “neo” stands for “New Engine Option”) between now and the end of 2024: seventeen A320neos and eight of the larger A321neo version. The new twinjets will replace older Airbus A320 family aircraft in the SWISS fleet’s ranks and, with their innovative powerplant technology, will help substantially further enhance SWISS’s environmental efficiency.
After arriving in Zurich, the latest member of the SWISS aircraft fleet was formally welcomed in the hangar area by a delegation of invitees from the political, business and media worlds, and was also named “Engelberg”. The naming was jointly performed by Alex Höchli, the mayor of the Central Swiss mountain resort, and Brother Meinrad Haberl of Engelberg Monastery.
Lower fuel consumption and lower noise emissions
Thanks to the advanced technology of its Pratt & Whitney engines and its aerodynamic “sharklet” wingtip extensions, the Airbus A320neo consumes up to 20 per cent less fuel than comparable aircraft types. The new twinjets are also equipped as standard with noise-reducing vortex generators. As a result, a departing Airbus A320neo has a noise footprint on takeoff which is around half the size of the footprint produced by a comparable aircraft type.
“Our new Airbus A320neo family aircraft will substantially further reduce the average age of the SWISS aircraft fleet,” says SWISS CEO Thomas Klühr. “Once they are all delivered, our aircraft’s average age will be one of the youngest in Europe at around nine years. These billion-franc investments will further enhance our environmental credentials, too,” Klühr continues, “because operating an advanced and fuel-efficient aircraft fleet is one of the most effective means of all of reducing the ecological impact of aviation activities.”
An innovative seat for greater travel comfort
The new SWISS Airbus A320neo also offers substantially more travel comfort to both Business and Economy Class passengers, thanks to its newly-developed seats from Italian manufacturer Geven. With their ergonomic pressure distribution over the backrest and the seat cushion, the new seats deliver a tangibly pleasanter sitting experience. And the innovative horizontal placement of the literature pocket above the seat table also provides more personal space.
It’s not just aloft, either, that passengers will enjoy an even more comfortable flight: the new seats can be reclined to 20 degrees (instead of the previous 12) during the taxi, takeoff and landing phases. And Business Class travellers can even recline their seat to a full 26 degrees during the cruise phase of flight.
SWISS will be deploying its Airbus A320neos on its short- and medium-haul routes of up to 4,200 kilometres within Europe and to and from destinations in North Africa and the Middle East. The Airbus A320neo accommodates 180 passengers in Business and Economy Class.
LOS ANGELES, November 11, 2019 – Air Lease Corporation (the “Company” or “ALC”) announced today that the Company initiated the sale of a portfolio of 19 aircraft to Thunderbolt III Aircraft Lease Limited (“Thunderbolt III”), a newly formed entity, and Thunderbolt III has now completed its equity and debt financing transactions. The aircraft comprise a mix of narrowbody and widebody jet aircraft that, as of August 31, 2019, had a weighted average age of 9.7 years and were leased to 18 lessees based in 15 countries. ALC and its Irish affiliate, ALC Aircraft Limited, will act as servicers with respect to the aircraft and ALC will act as portfolio manager. ALC estimates that the process of transfer and sale of the majority of aircraft will occur progressively during Q4 2019 and Q1 2020.
The Thunderbolt III structure included two series of Fixed Rate Notes and Equity Certificates. Approximately 15.6865% of the Equity Certificates were purchased by the anchor investor which is an investment vehicle managed by ITE Management L.P. and approximately 5% of the Equity Certificates were purchased by ALC.
Proceeds from the issuance of the Notes and the Equity Certificates will be used to acquire the aircraft, fund certain accounts for the Notes and pay certain expenses.
“We are pleased to announce the closing of Thunderbolt III. This transaction allows ALC to efficiently sell 19 aircraft while retaining the customer relationships through our continued management of these aircraft. I would like to thank our team and the Thunderbolt III investors for making this a successful transaction,” said Gregory B. Willis, Executive Vice President and Chief Financial Officer of ALC.
Mizuho Securities acted as Global Coordinator, Mizuho Securities, BofA Securities and Goldman Sachs & Co. LLC acted as Joint Lead Structuring Agents and Joint Lead Bookrunners, Wells Fargo Securities acted as Joint Lead Bookrunner, and BNP PARIBAS, Citigroup, J.P. Morgan, MUFG, RBC Capital Markets, SOCIETE GENERALE and SunTrust Robinson Humphrey acted as Passive Bookrunners (for the Notes) and Co-Managers (for the Equity Certificates).
Hughes Hubbard & Reed LLP acted as U.S. counsel to ALC and the Issuers, and Milbank LLP acted as U.S. counsel to the Global Coordinator, the Joint Lead Structuring Agents and the Joint Lead Bookrunners. EY acted as U.S. and Irish tax advisors. Walkers acted as Cayman Islands counsel and A&L Goodbody acted as Irish counsel. Vedder Price P.C. acted as counsel for ITE.
Canyon Financial Services Limited will act as the managing agent for the Issuers. Citibank, N.A. will act as trustee, security trustee, paying agent and operating bank. Wells Fargo Bank, N.A. will also act as the liquidity facility provider. DealVector, Inc. will provide certain investor services for the holders of the Notes and Equity Certificates.
SEOUL, Oct 1 (Reuters) – South Korea showcased newly acquired F-35 stealth fighter jets to mark Armed Forces Day on Tuesday as President Moon Jae-in tried to allay concerns that his policy of engagement with North Korea would weaken the South’s commitment to defence.
At an event marking the founding of the South Korean military, Moon said South Korean fighter jets conducted patrol flights offshore, including over islands at the centre of a bitter territorial dispute with Japan.
North Korea has criticised the South’s weapons procurements and its joint military drills with the U.S. military as undisguised preparations for war that are forcing it to develop new short-range missiles.
Moon has thrown his support behind dialogue to end the North’s nuclear and ballistic missile programmes, urging that working-level negotiations between the North and the United States be held soon. No new dates or locations have been set.
Moon marked Armed Forces Day at a ceremony at an airbase in the city of Daegu that highlighted four of the eight Lockheed Martin F-35A jets delivered this year. Forty of the aircraft are to be delivered by 2021.
During the event, an F-15K jet patrolled over the islands claimed by both South Korea and Japan and called Dokdo in Korea and Takeshima in Japan.
Moon made no direction mention of North Korea or Japan but said today’s security climate was highly unpredictable, requiring strength and innovation.
“As the recent drone attack in the Middle East region demonstrated to the world, the challenges that we will face will be entirely different from those of the past,” he said in an address to the military. “The war of the future will be a fight of science and intelligence against all elements that threaten our people’s safety and property.”
Analysts have said the F-35 stealth jets put North Korea’s anti-aircraft and anti-missile defence systems in a vulnerable position.
Negotiations aimed at dismantling North Korea’s nuclear and missile programmes have stalled since a second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un broke down in February over disagreements on denuclearisation.
North Korea blamed the United States on Monday for a failure to restart talks, with Pyongyang’s U.N. ambassador Kim Song saying it was time for Washington to share proposals for talks that showed Washington had adopted a new “calculation method”.
South Korea and the United States have separately begun talks for a new military burden-sharing agreement to decide how much South Korea will pay for stationing what is now about 28,500 U.S. troops in the country.
Moon told Trump during a summit in New York last week what South Korea would contribute, including an increase in purchases of U.S. weapons and future purchase plans, a senior official at South Korea’s presidential office said.
(Reporting by Joyce Lee Editing by Jack Kim, Paul Tait and Gerry Doyle)
As part of the 2018-2026 mid-life programme, Eurotunnel signed a contract with Bombardier Transportation to renovate nine “PAX” Shuttles. Composed in total of 254 wagons, each 800-meter long shuttle is made up for passengers’ vehicles with passengers remaining in their vehicles during for the 35-minute Channel crossing. In the 25-year period since the opening of the Channel Tunnel, these Shuttles have each travelled an average of 300 round trips per month and have enabled over 236 million passengers to travel very comfortably between France and Great-Britain.
The contract is valued at €150 million ($171 million) over a period of seven years. Deliveries of the newly refurbished Shuttles will start in mid-2022 and continue until mid-2026.
Teams from Bombardier France and Belgium originally designed and built these unique vehicles in the 90’s and launched Bombardier’s activities in France. This year, the company celebrates 30 years since its establishment at the Crespin facility in the Hauts-de-France Region.
“Mobility technology leader Bombardier brings its expertise and experience to Eurotunnel to renovate the shuttles it uses in the Channel Tunnel. This project, the largest in Europe in terms of scope and ambition, marks a milestone in the development of our refurbishment activities and places Bombardier as the leader of this market in France. As well as their own know-how, our French teams will be able to tap into the overall engineering expertise and processes across the Bombardier group to make a success of this unique project” said Laurent Bouyer, President of Bombardier Transportation France.
“Eurotunnel has chosen to put its trust in Bombardier Transportation for the renovation of its Passenger Shuttles. We are celebrating 25 years of operation of these unique Shuttles that were built 30 years ago. This strategic investment, our most important in 25 years, allows Eurotunnel to maintain the highest level of quality service and to affirm trust in its long-term perspectives”, said François Gauthey, Deputy Chief Executive Officer of the Group.
Bombardier will be responsible for the renovation of 26 wagons on each of the nine Shuttles, including 12 single-deck carriages for coaches, minibuses, caravans and vehicles over 1.85 meters high, 12 double-deck carriages for cars and motorcycles, and 2 double-deck loader wagons, in addition to two spare loader wagons. As project technical advisor, Bombardier will lead the integration and renovation operations except for the single-deck loaders and will lead on engineering design and procurement for onboard equipment.
Eurotunnel will undertake design and procurement of key equipment such as brakes, doors, fire doors, fire detection, HVAC and the double-deck loaders. Eurotunnel will manage the homologation process of the renovated Shuttles with the appropriate authorities. Bombardier will provide the technical support to prepare the required documentation.
About Eurotunnel
Eurotunnel, a subsidiary of Getlink SE, manages the Channel Tunnel infrastructure and operations Truck and Passenger Le Shuttle services (cars and coaches) between Folkestone, UK and Calais, France. Eurotunnel holds the Channel Tunnel concession until 2086 and remains the fastest, most reliable, easiest and most environmentally friendly way to cross the Channel. In 25 years, more than 430 million people and 86 million vehicles have travelled through the Tunnel. This unique land link has become a vital link between the United-Kingdom and continental Europe.
About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.
