Tag: people (Page 1 of 5)

Norse Atlantic Airways Q2 report shows strong growth momentum going into Q3 2023

September 1, 2023 / WIL BALDWIN

CEO, Founder and largest shareholder, Bjorn Tore Larsen:

“Q2 marked a significant period of ramping-up as we inaugurated new destinations in the US and Europe. Additionally, more of our fleet of fuel efficient Boeing 787 Dreamliners were brought into production. By the end of Q2 the airline had more than doubled capacity, with June being our first month of increased production, and notably our first month generating bottom line profits.

Q3 is expected to be our first financial quarter generating a profit. The move to profitability is driven primarily by having all 15 aircraft generating revenue for the first time, from July 1st; 10 of which are operating for Norse and five generating revenue through sublease income.

A milestone was passed during Q3 as we surpassed one million booked passengers. By providing affordable air fares on competitive and established routes to key primary airports and destinations, we allow more people to explore the world and enjoy the experience of long-haul travel whether for leisure or business. Norse will be the first truly low-cost profitable long-haul airline”.

For further information please see Q1 2023 report and company update presentation attached.

• Revenue increased by 152% quarter-on-quarter (“QoQ”) to USD 100.1 million

• 204,564 passengers carried, up 86% QoQ

• Revenue per passenger increased 89% QoQ to USD 422

• Available Seat Kilometres (ASK) up by 51% QoQ due to planned ramp-up as Norse brought more aircraft into production

• Positive EBITDAR of USD 2.2 million, the first positive EBITDAR on a quarterly basis since inception of the Company

• Intra-quarter Norse recorded its first profitable month (June) and continued positive momentum

into Q3

• Load factors showed strong development during the quarter, with monthly average load factors of 67%, 72% and 82% in April, May and June respectively. The positive development continued post quarter end with an average load factor of 85% in July

• USD 19.0 million cash generated from operations in the quarter, an increase of USD 39.8 million QoQ

• Total cash held at quarter end of USD 59.1 million

• As communicated in November 2022 in relation to a private placement at the time, Norse made good on its promise to shareholders that it would perform a repair offering, which it completed during the quarter, raising NOK 150 million gross (USD 14.1 million)

• Norse upgraded to Euronext Expand at Oslo Stock Exchange, a regulated market, during the quarter

• Heavy increase in production through Q3 compared to Q2 with all Norse aircraft generating revenue for the first time from 1st July 2023

Repro Free Iarnród Éireann to make transformative investment in signalling to increase the capacity of Cork commuter rail network. Pictured at the announce meant at Kent Station, Cork city were Alstom Ireland Managing Director, Piers Wood; Minister for Finance Michael McGrath TD and Iarnród Éireann Chief Executive Jim Meade. Pic Daragh Mc Sweeney/Provision

Alstom chosen to provide Smartlock Interlocking & ETCS for Cork Area commuter rail

August 23, 2023 / WIL BALDWIN

August 23, 2023 – Alstom (OTC: ALSMY), the global leader in smart and sustainable mobility, has been awarded a groundbreaking contract by Irish Rail (Iarnród Éireann) to revolutionise rail travel and mobility on the Cork Area Commuter Rail (CACR) network. The project, set to enhance the rail service within the Cork metropolitan area, will feature Alstom’s cutting-edge signalling technologies – Smartlock Computer-Based Interlocking (CBI) system and European Train Control System (ETCS).

The CACR project aims to modernise and upgrade 62km of the rail network, stretching from Mallow to Cork, Cobh, and Midleton, creating a seamless, high-frequency unified suburban rail service for the people of Cork.

Alstom’s Smartlock Interlocking System: A Foundation for Safety and Efficiency

At the core of this transformative initiative is Alstom’s Smartlock CBI system. This state-of-the-art technology will serve as the project’s primary foundation, offering a safe, simplified, and maintenance-friendly solution. By directly interfacing with axle counters and trackside objects through SmartIO, the Smartlock system eliminates the need for intermediate relays, ensuring a robust, efficient, and streamlined operation.

ETCS: Ensuring Continuous Train Protection and Efficiency

In addition to Smartlock interlocking, the project will also feature the European Train Control System (ETCS) Level 1 trackside technology. ETCS is a train protection system that guarantees enhanced safety, efficiency, and reliability throughout the Greater Cork area. The implementation of ETCS further strengthens the commitment to safety and ensures a smooth, secure, and eco-friendly rail network.

Air Tahiti Nui announces Club Tiare promotion on flights from Papeete to Japan

July 8, 2023 / WIL BALDWIN

Air Tahiti Nui resumes flights from Papeete to Japan starting on October 30, 2023. This is your chance to discover or rediscover this beautiful destination! From June 26 to July 26, 2023, take advantage of our promotional offer for two people on your award tickets.

Redeem for a R/T award ticket and travel with a companion at 50% discount on the second award ticket.

Get your reward now :
Moana economy 1st award ticket 80 000 miles / 2nd award 40 000 miles
Moana premium 1st award ticket 120 000 miles / 2nd award 60 000 miles
Poerava business 1st award ticket 160 000 miles / 2nd award 80 000 miles

Don’t wait any longer to plan your next vacation to the land of the rising sun!

Conditions apply:

Travel in Moana Economy, Premium Economy or Business Poerava and get 50 miles discount.

Offer is valid on a round-trip award PAPEETE TOKYO or v.v.

Must be 2 people travelling together on the same journey and class of service.

Sales period: Redeem your award between June 26th and July 26, 2023.

Travel dates: From October 30, 2023, to June 30, 2024.

Validity: Maximum stay is up to 12 months after departure.

Changes: Not permitted after tickets have been issued.

Cancellation/No show: Tickets are non-refundable. Check special conditions upon reservation in case of cancel /refund/ no show the day of departure

Infant/Child: No discount applicable for infants or children.

Reservation Class: U, I and FFor more information, please contact your local Air Tahiti Nui travel advisor

United’s Aviate Academy First Class Start Today at New Training Facility in Phoenix

December 6, 2021 / WIL BALDWIN

United Airlines (Nasdaq: UAL) today announced the inaugural class of 30 United Aviate Academy students will begin their studies on Dec. 6 at the new flight training academy at Phoenix Goodyear Airport. The first class, 80% of whom are women or people of color, will complete a rigorous, year-long training program that sets them up for a career that reflects United’s high standard of professionalism and deep commitment to delivering a safe, caring, dependable and efficient travel experience. United Aviate Academy received more than 7,500 applications from aspiring pilots around the country in less than six months, with nearly 75% of those applicants being women or people of color.

After completing their training at the academy, students will build flight and leadership experience while working within the Aviate pilot development ecosystem at partner universities, professional flight training organizations and United Express carriers on their way to becoming United pilots.

The state-of-the-art, 340,000 square-foot facility at Phoenix Goodyear Airport, which United Aviate Academy will lease from the city of Phoenix, will provide aspiring pilots with industry-leading resources, equipment, and accommodations. The facility was previously home to Lufthansa Aviation Training (LAT), and United Aviate Academy will sublease part of its facility to LAT, a wholly owned subsidiary of Lufthansa, a United Star Alliance partner.

Southwest Airlines Commemorative History Book Celebrates its 50th Anniversary

December 3, 2021 / WIL BALDWIN

DALLAS, TEXAS, December 2, 2021 Southwest Airlines Company (NYSE: LUV) is wrapping up its milestone 50th Anniversary year by releasing a one-of-a-kind commemorative history book, “50 Years. One Heart. A History of Southwest in 50 Objects.”

Starting today, Southwest® fans can purchase this unique coffee-table book, which brings to life the Company’s colorful history, its corporate archives, and reflection of its People through photographs and moments from the carrier’s rich past, exclusively sold at Southwest® The Store. This special book also represents the exciting culmination of 50 years’ worth of iconic stories as Southwest Airlines® closes out its first five decades.

“Throughout our 50th Anniversary year, we’ve reflected on the past—the People, stories, and moments that defined our first half-century,” said Gary Kelly, Chairman of the Board and Chief Executive Officer for Southwest Airlines. “This commemorative history book celebrates our unique past and Culture, and serves as an inspiration as we close one chapter of our Company history and turn the page to our next chapter, filled with hope and resilience.”

Southwest is celebrating its incredible first 50 years by showcasing a stunning collection of 50 unique objects, outfits, and artifacts (photographed by Southwest Sr. Photographer Stephen M. Keller and Southwest Sr. Designer Brianna Juda), accompanied by short stories from the Company’s inspiring history and a special foreword by Kelly as he prepares to transition into his role as Executive Chairman of the Board of Directors in early 2022.

This is the first of two special books launching in celebration of Southwest’s 50th year of service—more information coming on the second book in early 2022.

Amtrak CEO Bill Flynn’s Message on Empire Builder Train Derailment in Montana

September 26, 2021 / WIL BALDWIN

We are in mourning today for the people who lost their lives due to the derailment of the Empire Builder train Saturday, near Joplin, Montana, on the BNSF Railway, as well as the many others who were injured. We have no words that can adequately express our sorrow for those who lost a loved one or who were hurt in this horrible event. They are in our thoughts and prayers.

We are fully cooperating with the investigation, working closely with National Transportation Safety Board, the Federal Railroad Administration, local law enforcement and response agencies. We share the sense of urgency to understand why the accident happened; however, until the investigation is complete, we will not comment further on the accident itself. The NTSB will identify the cause or causes of this accident, and Amtrak commits to taking appropriate actions to prevent a similar accident in the future.

Amtrak’s immediate and sustained focus is on doing everything we can to help our passengers and crew, especially the families of those who were injured or died, at this painful and difficult time. Our Incident Response Team has been initiated. We have sent emergency personnel and Amtrak leadership to the scene to help support our passengers, our employees and their families with their needs. Individuals with questions about their family and friends aboard this train should call 800-523-9101. We have also established a Family Assistance Center in Great Falls, Montana, and we will have family assistance liaisons at that site to reach out to those injured and their families to make sure they get what they need. We have dispatched nurse case managers to support those hospitalized. As soon as Amtrak has permission, we will access the accident site to retrieve the personal effects of our passengers and crew.

We want to extend our deep gratitude and sincere appreciation to the Joplin and greater Liberty County communities and other Montana counties and their selfless first responders, hospital staff and law enforcement for their immediate and ongoing help to support of all those aboard the Empire Builder for responding with such urgency, compassion and patience.

American Airlines Hits Milestones in Los Angeles Airport Construction Project

March 9, 2021 / WIL BALDWIN

FORT WORTH, Texas ― American Airlines (Nasdaq: AAL) is on a journey of building a terminal for tomorrow, a substantial multi-year commitment to modernize our hub at Los Angeles International Airport (LAX) and improve the customer experience at LAX’s two busiest domestic terminals to make traveling as easy as possible.

The airline, which will celebrate 75 years of service to Los Angeles later this year, recently celebrated a significant milestone in its construction journey at LAX, in which team members signed their names onto a piece of history that will prominently live atop of the Terminal 4 and 5 CORE. The CORE is the primary, centralized structure that connects the terminal areas with the screening checkpoint, ticketing and baggage claim areas, as well as the Automated People Mover (ATM) train system, curbside and parking areas.

In a topping out ceremony, team members and leaders from American were joined by executives from Los Angeles World Airports (LAWA) to celebrate the final steel beam being raised into place and secured by its construction partners.

Despite the challenges presented by the COVID-19 pandemic, American has continued operating in both Terminals 4 and 5 alongside its construction partners, who have worked hard to ensure an on-time completion in October 2022.

The new state-of-the-art facility will have more efficient check-in and security screenings to reduce wait times, lessened roadway congestion with the new ATM and include increased seating and power outlets at the gates. The new departure halls will be spacious, and modern signage will make it easier for travelers to comfortably navigate the airport.

Some of the benefits and features of the redesigned terminal experience include:

Fully upgraded and modernized Terminal 4.
Unified 300,000-plus square-foot, 28-gate complex for Terminals 4 and 5.
A spacious new departure hall that allows direct natural sunlight throughout the building to reduce energy consumption.
Reconfigured ticket counter and check-in areas to reduce wait times before security screening.
Seamless access from check-in area directly to security screening areas.
16 lanes for security screening with automated technology.
Transparent design with modern signage to intuitively guide passengers to their gates.
Modern, state-of-the-art finishes and restroom facilities.
Upgraded amenities at gate areas, including more access to power outlets and world-class dining and retail options.

Tesla to set up electric car manufacturing unit in southern India

February 13, 2021 / WIL BALDWIN

From Reuters News by By Bhargav Acharya and Aakriti Bhalla…

BENGALURU, India, February 14 (Reuters) – Billionaire Elon Musk’s Tesla, Inc. (Nasdaq: TSLA) will set up an electric-car manufacturing unit in the southern Indian state of Karnataka, according to a government document seen by Reuters on Saturday.

“The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka,” the state government said in a brief statement.

The statement was part of a broader document outlining the highlights of India’s budget to its people in the local language of Kannada.

Click on the link below to read the full story!

https://finance.yahoo.com/news/1-tesla-set-electric-car-190327441.html

Air New Zealand Aircrew to Overnight in Honolulu, Hawaii

January 4, 2021 / WIL BALDWIN

As part of ongoing efforts to reduce the COVID-19 risk to aircrew, Air New Zealand will re-route its North America flights to allow aircrew to overnight in Honolulu rather than Los Angeles or San Francisco.

From Monday 11 January, aircrew on all cargo flights between New Zealand and the United States will overnight in Honolulu. North America passenger services will be routed via Honolulu from 2 February.

The changes mean flights from New Zealand will make a brief stop in Honolulu to change crew before continuing onto Los Angeles or San Francisco. Aircrew operating into those ports will then remain airside and operate the return flight to Honolulu where there will be a further crew change to operate back to New Zealand.

Re-routing North American flights through Honolulu means aircrew can overnight in a lower risk destination while still maintaining vital connections into North America.

Air New Zealand Chief Executive Officer Greg Foran says operating in a pandemic means the airline is constantly assessing the risks to its people and operation.

“While it’s important to keep trade routes open and passenger services operating for our customers, looking after our people is our first priority.

“I’d like to thank everyone who has helped us to move so quickly in re-routing our flights, from officials in New Zealand and the United States, to our ground partners and our teams who have worked through the holiday break to make this happen.”

Air New Zealand has worked closely with the unions representing aircrew to progress these operational changes rapidly for the safety and wellbeing of those aircrew operating into high risk destinations.

The airline also continues to work closely with the Government and Ministry of Health officials on safe travel protocols to protect employees, customers and the community.

Air New Zealand currently operates eight cargo and two passenger and cargo services per week between New Zealand and Los Angeles in addition to four cargo services between New Zealand and San Francisco and one cargo service from Australia to North America. Customers will not be able to end their journey in Honolulu. The airline will be contacting cargo customers and passengers affected by the changes in flights directly.

American Airlines Transports Its First COVID-19 Vaccine Shipment From Chicago To Miami

December 14, 2020 / WIL BALDWIN

The American Airlines Cargo team carried its first shipment of coronavirus (COVID-19) vaccine last night. In close collaboration with pharmaceutical and cargo partners, the airline received the shipment by truck at Chicago O’Hare International Airport (ORD) and loaded the shipment onto a Boeing 777-200 aircraft flying to Miami International Airport (MIA). The vaccine shipment will arrive at its final destination in a U.S. territory in the Caribbean later today.

“The American team is proud to be a part of the critical effort to get lifesaving vaccine safely and quickly to people around the world,” said American Airlines Cargo President Jessica Tyler. “We were able to mobilize within hours of getting the call to move thousands of doses. We know this is the first of many shipments to come, and we are ready to scale our operation as additional vaccine is produced and ready for distribution.”

American began conducting trial flights in November to simulate the conditions required to transport the COVID-19 vaccine, stress testing the thermal packaging and operational handling process to ensure it remains stable in transit.

American is an internationally recognized expert in cold chain logistics with an established network of facilities and team members who specialize in temperature-critical shipments to more than 150 cities in 46 countries around the world. In addition, American has the largest dedicated temperature-controlled pharmaceutical shipping facility operated by an airline in the United States. From the time a shipment arrives at one of American’s facilities, it is tracked throughout its journey on the ground and from the airline’s Cargo Control Center, located within its Integrated Operations Control in Fort Worth, Texas.

This level of expert care has earned American the International Air Transport Association’s prestigious Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) certification. The CEIV certification is given to air carriers and players in the air cargo supply chain that have established the tools, procedures and staffing to ensure life sciences products are properly handled and arrive at their destination fully effective.

Since the beginning of the pandemic, American has been transporting hundreds of thousands of pounds of personal protective equipment (PPE), medical equipment, COVID-19 test kits and pharmaceuticals to help battle the coronavirus, as well as components for Phase III COVID-19 vaccine trials.

Alstom’s Smartlock Interlocking System: A Foundation for Safety and Efficiency

ETCS: Ensuring Continuous Train Protection and Efficiency

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