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.
Thursday 16 December 2021 – Virgin Australia has restarted international flights, today operating the first of the airline’s daily Fiji services since being relaunched 12 months ago. The inaugural flight, departing Sydney International Airport, was sent off in spectacular style, with Virgin Australia CEO, Jayne Hrdlicka marking the occasion with a departure gate launch party to remember.
Passengers were treated to branded coconuts, free beach tote bags by Australian resort-wear brand Double Rainbouu, tropical Boost juices, and a performance by Fijian-Australian and 2022 Eurovision contestant, Paulini Curuenavuli, who sang a rendition of Madonna’s ‘Like A Virgin’ before a traditional Fijian song.
For the final departing gift, CEO Jayne Hrdlicka announced that all passengers would each receive a free Economy return flight anywhere on the Virgin Australia domestic network, as a thank you for their support and loyalty.
o celebrate the return of Virgin Australia international flights, Virgin Australia has dropped a 48-hour snap Fiji sale with return Economy fares available from as low as $369* between Melbourne and Fiji. Sale fares are now available to book at virginaustralia.com until midnight this Friday 17 December 2021, or until sold out.
Saint-Cloud, France, March 8, 2021 – It is with great sadness that we learned of the death of Olivier Dassault, at the age of 69, in a helicopter accident on 7 March 2021. An aviation enthusiast, like his grandfather Marcel Dassault and his father Serge Dassault, he was always keenly interested in developing the business of our company. He was born on 1 June 1951 in Boulogne-Billancourt. He was an engineering graduate from the Ecole de l’Air, held a DEA diploma in Mathematical Decision Sciences and a Doctorate in management computing.
He was born on 1 June 1951 in Boulogne-Billancourt. He was an engineering graduate from the Ecole de l’Air, held a DEA diploma in Mathematical Decision Sciences and a Doctorate in management computing. Following his solid scientific training, Olivier Dassault’s first steps in professional life helped him to gain experience of the communication sector, notably as a film producer and then by creating his own advertising agency.
He was a professional pilot since 1975, and jointly held world speed records – with Hervé Le Prince-Ringuet in 1977 from New York to Paris on a Falcon 50 and in 1987 from New Orleans to Paris on a Falcon 900 – and with Guy Mitaux-Maurouard and Patrick Experton in 1996 on a Falcon 900EX from Paris to Abu Dhabi and Paris to Singapore.
In 1986, his father Serge Dassault entrusted him with a number of roles and responsibilities within the Dassault company, appointing him Deputy Vice-President for Europe Falcon Service, and then Vice-President of Civil Aircraft Strategy in 1993.
He was Chairman of the Supervisory Board of the Marcel Dassault industrial group (GIMD) until 2017 and Director at Dassault Aviation since 1996. Throughout his life, he was a determined defender of our company and of French aeronautics. Moreover, on Thursday, March 4, 2021, during the last Board of Directors meeting, he gave his full support to the company in its management of the covid 19 crisis.
He was also a media man, holding the position of Chairman of the Valmonde group, where he created the hunting magazine Jours de Chasse (2000) devoted to another of his passions. He became a Director of Socpresse (now Groupe Figaro) after the latter was bought out by GIMD in 2004.
While continuing to be professionally active, he entered politics. He was elected as a Member of Parliament (RPR party) in 1988, winning back the Oise first district during the parliamentary by-elections. He was an MP in the Oise department from 1988 to 1997, and then again since 2002.
An artist at heart, Olivier Dassault was an accomplished musician and notably composed the anthem for Parliament, showing this institution another side of his creative personality. He was also a well-known photographer. He published many books of photographs and regularly exhibited his work successfully, in France and abroad.
The Indian government is in the market to sell its stake of Air India – and on Monday set a March 17 deadline for initial expressions of interest.
Indian conglomerate Hinduja Group and US-based fund Interups are already reported to be submitting theirs.
It’s not the first attempt at a sale: in 2018 the government failed to divest 76 per cent of the airline, and with it over five billion dollars of debt.
Air India workers protested ….
And potential bidders opted out because of stringent conditions attached – such as retaining all employees.
This time, the government has indicated, it’s open to revising some provisions.
Though bidders must assume liabilities, including debt at just under 3.3 billion dollars.
And substantial ownership and control must remain with an Indian entity.
The sale might face opposition from within prime minister Narendra Modi’s ruling BJP Party – one lawmaker describes the deal as quote ‘anti-national’.
But if successful, the buyer gets over 7,000 landing slots in India and overseas …
Together with the carrier’s low-cost arm and a stake in its cargo and ground-handling operations.
As for staff, Air India currently has around 13,000 permanent and contract personnel on its books …
BEIJING (Reuters) – The sixth prototype of China’s home-built C919 narrowbody passenger plane completed its first test flight on Friday, marking a milestone in the programme’s testing schedule as China races to compete with Airbus SE and Boeing Co.
The sixth prototype is the last test plane its manufacturer, the Commercial Aircraft Corp of China Ltd (COMAC), has planned for the programme and was scheduled to fly before the year-end. Currently, there are five test planes that are conducting test flights elsewhere in the country.
The maiden flight on Friday from Shanghai lasted two hours and five minutes, COMAC said in a press release, adding that the jet will be conducting more test flights with a focus on cabin, lighting and external noises.
COMAC has already started production of aircraft parts which will be used for the first batch of aircraft deliveries, it said.
The state manufacturer is aiming to obtain Chinese certification for the C919 in 2021, but the date was subject to regulatory approval and the aircraft’s safety remains a top priority, according to COMAC officials.
He Dongfeng, the Communist Party boss of COMAC, wrote in a state-owned newspaper in December that aircraft safety is key to the survival of COMAC.
Designed to compete directly with the Airbus 320 and the Boeing 737 families in the market for jets with around 150 seats, the C919 is the speartip of China’s efforts to break a powerful decades-old Western duopoly.
The Boeing 737 MAX remains globally grounded following two fatal crashes that killed a total of 346 people.
(Reporting by Stella Qiu and Brenda Goh; Editing by Muralikumar Anantharaman)
Talgo, together with Scottish Enterprise and Transport Scotland, has signed a jointly agreed framework for the establishment of Longannet, Fife as a manufacturing base for Talgo UK. The agreement is part of arrangements to ensure that Talgo UK will be ready to deliver contracts that Talgo is currently bidding for (and future bids), should the company be successful.
The framework agreement sets out each party’s commitment – to ensure that the proposed multi – million £ factory at Longannet is prepared and delivered at an agreed time and to an agreed specification. This milestone will ensure that Talgo will meet contractual deliverables for the contracts that are being evaluated and proposed.
TALGO is a leading specialised rolling stock engineering company mainly focused on designing, manufacturing and servicing technologically differentiated, fast, lightweight trains.
There are TALGO solutions in 44 countries, and TALGO has an industrial presence in 7 regions, including Spain, Germany, Kazakhstan, Uzbekistan, Russia, the Middle East and the United States. TALGO is renowned worldwide for its innovation, its unique technology, and reliability.
A key part of TALGO UK’s strategy is ‘knowledge transfer’ – building UK domestic capacity for Research and Development. An innovation hub is also planned in Chesterfield. It will act as a focal point for TALGO UK’s Research and Development, bringing together networks of engineering excellence, and creating new opportunities throughout the British Isles.
Talgo President, Carlos de Palacio y Oriol, said: ‘We are committed to Scotland in our bid process. Today’s milestone marks a new phase in an excellent relationship with’ team Scotland. Now let’s get on with securing orders that will bring more jobs and ‘true manufacturing’ of rolling stock back to Scotland’
Executive Director, Scottish Enterprise, Paul Lewis, said: “This Framework agreement is another significant milestone in our work with Talgo, to achieve its ambition of establishing a world-class high value manufacturing facility at Longannet. Scottish Enterprise and our partners are incredibly excited by Talgo’s plans for Longannet, which would deliver 1,000 direct jobs and a host of supply chain opportunities for companies in Scotland’
Alstom on track to complete first train for Hanoi Metro Line 3
26 October 2019 – Alstom, which is manufacturing 10 trains for Hanoi Metro Line 3, today hosted Deputy General Secretary of the Communist Party of Vietnam, Tran Quoc Vuong, and his delegation to a visit of its train assembly plant in Valenciennes (France). The plant is working to complete the first trainset by the end of October, marking an important milestone in Alstom’s first integrated metro system contract in Vietnam, signed with MRB (Hanoi Metropolitan Railway Management Board) in 2017.
As part of the visit, Alstom’s Managing Director for China and East Asia, Olivier Loison, and Chairman of the Hanoi People’s Committee and Mayor of Hanoi, Nguyen Duc Chung, signed a memorandum of understanding regarding the existing contract of Alstom in Hanoi. The agreement aims to foster further collaborative opportunities between both parties for new systems within the Vietnamese capital.
“We are honoured to have Deputy General Secretary Vuong and his team witness the final assembly of our first train for Hanoi Metro Line 3 here in Valenciennes. This will be an important milestone for the bilateral project as we bring this train to fruition. We look forward to remaining a close and long-term partner of Vietnam, addressing its mobility needs and supporting it in its upcoming transport projects,” said Olivier Loison.
In 2017, Alstom, as leader of a consortium including Colas Rail and Thales, was awarded a contract to supply an integrated metro system for Hanoi Metro Line 3. Alstom’s share covered the supply and integration of the metro system, including the 10 trains and the Urbalis 400 signalling system[1], as well as the delivery of power supply and depot equipment together with a partner. The new line is 12.5 kilometres long with 12 stations. It is expected to carry over 23,900 passengers per hour and per direction at peak capacity.
Alstom puts the passenger at the heart of its train design process. The four-car Metropolis trains for Hanoi Metro Line 3 will feature wide doors to facilitate passenger flow, dedicated space for passengers with reduced mobility, as well as ergonomic and easy-to-grab bars. The trains will be fully electric, with lightweight aluminium car bodies. The train’s exterior and interior colour scheme takes local Vietnamese inspiration and includes motifs such as dragon fruit and the rice paddy field – a design that was well-received by the people at a public consultation held in September 2018.
When completed, the first train will undergo a series of static and dynamic tests at the Valenciennes Railway Testing Centre during the month of November. Tests will be carried out on the trains’ automatic control system and on-board audio-visual equipment, this time on Hanoi Metro Line 3 in the second half of 2020. Entry into service is expected in the first half of 2021.
Alstom has built up close to 30 years of presence in Vietnam. It has provided signalling and telecommunication system modernisation services for the Hanoi-Vinh regional line phase one and phase two and has offered signalling and telecommunication systems for Ninh Binh station.
[1] Alstom’s Communication Based Train Control (CBTC)-solution, which controls the movement of the trains and enables trains to run at higher frequencies and speeds in total safety
RIO DE JANEIRO (Reuters) – A left-wing political party on Wednesday filed a lawsuit to block the sale of 80% of Brazilian planemaker Embraer SA’s <ERJ> commercial jet division to Boeing Co <BA> for $4.2 billion (3.3 billion pounds), arguing it will harm Brazil’s sovereignty.
The deal, which would position Boeing to compete more directly with Airbus SE <EADSY> in the market for mid-sized passenger planes, has faced significant left-wing opposition largely because Embraer is seen as a strategic company for Brazil’s national security.
So far, a handful of lower court decisions temporarily blocking the deal have been overturned by appeals court judges. The government has authorized the deal and Embraer’s shareholders are all for it.
But the latest lawsuit, filed by Brazil’s Democratic Labor Party (PDT), underscores that there is still a political risk that could potentially unravel the agreements reached so far between Boeing and Embraer. The PDT’s leader, Ciro Gomes, has staunchly opposed the sale of Embraer’s commercial jet division to Boeing.
Embraer declined to comment on the lawsuit.
The proposed deal with Boeing was first announced in July 2018.
Boeing and Embraer are waiting for antitrust approval to finalise the deal, including intense scrutiny from European regulators. They expect that to happen in early 2020.
(Reporting by Rodrigo Viga Gaier in Rio de Janeiro; Editing by Matthew Lewis)
IT IS NOT TRUE THAT INTERJET IS IN TECHNICAL BANKRUPTCY
The handling of the information published by Bloomberg is irresponsible.
The news agency made a misinterpretation of the judicial review filed by Interjet in its legal dispute with the Internal Revenue Service of Mexico.
Mexico City, August 30, 2019.- Interjet categorically denies that it is bankrupt as published by the Bloomberg news site. The news agency made a misinterpretation of the constitutional claim filed by the airline in the dispute that it holds with the Internal Revenue Service of Mexico (SAT).
Bloomberg had access to a file that by law is not supposed to be public. In a judicial dispute, the only persons entitled to consult the records are those authorized by the parties involved in the trial.
At no time, the company has recognized the existence of a technical bankruptcy as this media outlet states.
It should be noted that bankruptcy can only be declared by court order, and cannot be self-imposed by the debtor or any other entity. It’s a legal process through which the insolvency of a company has to be proved. This is not the case of the current situation of Interjet because the company continues paying its debts.
Bankruptcy cannot be declared by a company or by an individual, and this determination corresponds to a court.
Interjet reserves its right to pursue any available legal actions against Bloomberg.
OTTAWA (Reuters) – Airbus SE <EADSY> on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival Lockheed Martin Corp <LMT>.
The defense arm of Airbus, which indicated last month it might withdraw, cited onerous security requirements and a late decision by Ottawa to loosen the rules for how much bidders would have to invest in Canada.
Airbus and other contenders had already complained the government appeared to be tilting the race in favor of Lockheed Martin’s F-35 plane, which the Royal Canadian Air Force wants. Canada is part of the consortium that developed the plane.
Canada launched the long-delayed competition last month and said it was confident no favoritism had been shown. Ottawa says the contract is worth between C$15 billion ($11.30 billion) and C$19 billion.
Canada’s official opposition Conservative Party, which is seeking to defeat Liberal Prime Minister Justin Trudeau in an October election, accused the government of gross mismanagement.
Reuters revealed in July that Airbus and Boeing Co <BA.N> had written to Ottawa to say they might pull out.
The firms are unhappy that in late May, the government dropped a demand that bidders must guarantee to give Canadian businesses 100% of the value of the deal in economic benefits.
Such legally watertight commitments, which Boeing, Airbus and Sweden’s Saab AB <SAABb.ST> had already agreed to, contradict rules of the F-35 consortium. Ottawa’s move allowed Lockheed Martin to stay in the competition.
“One of the strongest points of our bid was the fact we were willing to make binding commitments,” said an Airbus source, who requested anonymity given the sensitivity of the situation.
“Once this was loosened up to a point where these commitments were no longer valued in the same way”, the firm decided “that’s just too much”, added the source, who also cited security challenges.
European jets must show they can meet stringent standards required by the United States, which with Canada operates the North American Aerospace Defense Command.
“NORAD security requirements continue to place too significant of a cost on platforms whose manufacture and repair chains sit outside the United States (and) Canada,” Airbus said in a statement.
Canadian Procurement Minister Carla Qualtrough said she respected the Airbus decision, adding Ottawa was determined there should be a level playing field.
“This included adapting the economic benefits approach to ensure the highest level of participation among suppliers,” she said in emailed comments.
Canada has been trying unsuccessfully for almost a decade to purchase replacements for its aging F-18 fighters. The former Conservative administration said in 2010 it would buy 65 F-35 jets but later scrapped the decision, triggering years of delays and reviews.
Trudeau’s Liberals took power in 2015 vowing not to buy the F-35 on the grounds that it was too costly, but have since softened their line.
“Justin Trudeau has spent the past four years delaying and dithering on new fighter jets for Canada only to completely mismanage the competition process,” said Conservative defense spokesman James Bezan.
Lockheed Martin declined to comment while Boeing and Saab did not respond to requests for comment.
($1 = 1.3275 Canadian dollars)
(Reporting by David Ljunggren; Editing by David Gregorio)
