TOMORROWS TRANSPORTATION NEWS TODAY!

Tag: Press (Page 1 of 2)

Ritz-Carlton Yacht Collection opens reservations for third superyacht Luminara

The Ritz-Carlton Yacht Collection unveiled its summer 2025 itineraries across its fleet, Evrima, Ilma, and Luminara, marking an exciting moment as the company opens bookings for the inaugural season of its third superyacht. The Ritz-Carlton Yacht Collection debuted in October 2022 with the launch of Evrima, the first time a luxury hospitality brand expanded into the cruising category. With all three superyachts now open for reservations, the brand extension continues to build on its success signifying continued growth and offering more opportunities for luxury travelers to enjoy unforgettable getaways at sea.

The Inaugural Season of Luminara
Inspiring curiosities and celebrations, Luminara, derived from Latin origin and meaning “light,” will measure 794 feet (242 meters) and accommodate up to 452 guests. In addition to 226 spacious suites, each boasting a private ocean-view terrace, a higher percentage of upper-suite categories, and superior guest amenities, the onboard experience will feature world-class dining, a wine vault, The Ritz-Carlton Spa®, and an expanded marina providing direct access to the sea. Among its range of upper-suite categories will be a new expansive accommodation, The Residential Suite, promising a collection of offerings that caters to a variety of preferences.

Luminara will embody contemporary craftsmanship and refined interior finishes envisioned by AD Associates, a renowned London-based architectural and design firm, with creative direction by Chapi Chapo Design, an internationally acclaimed Toronto-based luxury design firm, and celebrated lighting designer DPA. The yacht’s sleek and graceful exterior design, expertly envisioned by Helsinki-based design studio Aivan, draws inspiration from the elegant aesthetics of private yacht design. Inspired by light and luminescence, Luminara‘s design emphasizes elegance and sophistication. Its layout, featuring explorative passages and favoring circular silhouettes over geometric edges, creates a seamless design, forming a sense of limitless space in each area. A serene color palette of soft brown oak, Calcutta marble, leather accents, and touches of rich red, navy, and green will provide an elegant oasis at sea.

Click the link below to see the entire press release!

Ritz-Carlton Yacht Collection

Copy Translate
Copy Translate

Air Lease Corporation announces Boeing 737-8 aircraft lease placement with LOT Polish Airlines

Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Boeing 737-8 aircraft with LOT Polish Airlines. Both aircraft are scheduled to deliver to LOT in mid-2024, and will add to the 11 Boeing 737-8s and one 787-9 Dreamliner aircraft already on lease from ALC.

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.

Air Lease Corp. announces $300 million deal for Five Boeing 737 Aircraft with Royal Air Maroc

Los Angeles, California, Business Wire – Today Air Lease Corporation (NYSE: AL) announced long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc (RAM), including four new Boeing 737-8s and one Boeing 737-800. The new aircraft are scheduled to deliver to the Moroccan flag carrier in 2024 from ALC’s order book with Boeing. These new contracts are augmenting already placed ALC owned aircraft operated by RAM.

Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. The company routinely posts information that may be important to investors in the “Investors” section of its website at www.airleasecorp.com. Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information. The information contained on, or that may be accessed through, ALC’s website is not incorporated by reference into, and is not a part of, this press release.

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.

Denver Airport to Offer More European Flights in 2022 Than Pre Pandemic

Story by Alicia Cohn from the Denver Business Journal

Flights between Denver and Europe in summer 2022 will increase by 23% compared to the pre-pandemic summer of 2019, according to Denver International Airport. With new flights beginning or resuming in 2022, DIA “is scheduled for more transatlantic capacity than at any other time in the airport’s history,” the airport said in a press release.

DIA offers more than 20 international destinations, and will expand its European offerings in 2022.

Click the link below to read the full story!

https://www.bizjournals.com/denver/news/2021/12/27/denver-airport-european-flights-2022.html?ana=yahoo

Air Lease Places Two Airbus A320-200 Aircraft with Qanot Sharq Airlines Uzbekistan

Los Angeles, California, February, 2021 – Air Lease Corporation (NYSE: AL) announced today long-term lease placements for two used Airbus A320-200 aircraft with Qanot Sharq Airlines (Uzbekistan), scheduled to deliver this March.  This will be the first two aircraft in the fleet of the Uzbek startup airline.  

“ALC is pleased to announce this lease placement of two A320-200s with Qanot Sharq Airlines,” said AJ Abedin, Vice President, Marketing of Air Lease Corporation.  “We have worked closely with the Qanot Sharq executive team and are thrilled to participate in the launch of the first Uzbek startup airline through the placement of their first two aircraft.”

“We are honored and excited to work with one of the largest aircraft leasing companies in the world to assist with the launch of our airline,” said Nosir Abdugafarov, owner of Qanot Sharq Airlines.  “These two A320-200s are scheduled to deliver in March and will be the first two aircraft in Qanot Sharq’s fleet, ensuring the highest standard of safety and comfort for our passengers.”

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.

About Qanot Sharq Airlines

Established as the first privately owned Airline in Uzbekistan, Qanot Sharq is led by a team of highly accomplished airline industry professionals with over 200 years of combined industry experience. The airline will operate from multiple regional airports in Uzbekistan, providing scheduled air service to international destinations such as Istanbul, Ankara (Turkey), Dubai (UAE), Jeddah, Medina (Saudi Arabia), Moscow, St. Petersburgh (Russian Federation) and Almaty (Kazakhstan).

Garmin Brings Flight Deck Tools to the Garmin Pilot App

  • Major upgrade adds option to load instrument procedures, customized holds and more

Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the addition of new features within the Garmin Pilot™ app that incorporate professional IFR navigation tools found within Garmin avionics. Pilots can experience a near-seamless transition between Garmin avionics and the Garmin Pilot app when performing common functions, such as loading and activating instrument approach procedures, departures and arrivals within the Americas. Additional features such as a visual procedure selector, custom holding patterns and more, give pilots convenient access to advanced tools all within a mobile app.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200218005216/en/

Vertical planning within Garmin Pilot (Photo: Business Wire)

Vertical planning within Garmin Pilot (Photo: Business Wire)

“Leveraging technologies found within Garmin avionics and flight decks, we’re excited to bring this game-changing update to Garmin Pilot customers,” said Carl Wolf, vice president of aviation sales and marketing. “This upgrade gives pilots the ability to load complex routes and procedures into the app just as they would within a Garmin integrated flight deck, offering added convenience, time savings and confidence when transitioning between multiple Garmin products in the cockpit.”

Professional IFR navigation tools

Within the latest Garmin Pilot upgrade, pilots have the option to load or activate departures, arrivals and instrument approach procedures. Published holds that are included as part of the missed approach are also added to the flight plan. When pilots activate a procedure with published altitude constraints, those altitudes are automatically incorporated into a flight plan within the app. Pilots can also choose to manually add altitude constraints into a flight plan. Additionally, approach procedures with radius-to-fix (RF) legs can be activated within Garmin Pilot.

Using the vertical planning feature within Garmin Pilot, pilots can more easily input and adhere to crossing restrictions in a flight plan. For example, pilots can manually input a crossing restriction over a specific navigational aid or GPS waypoint. With these new features, pilots can optimize their flight planning and fuel calculations.

Visual procedure selector 

Pilots can now more easily visualize departures, arrivals and instrument approach procedures prior to a flight using the visual procedure selector. This new selector allows pilots to simultaneously view departures, approaches or arrivals on a map alongside a flight plan so it’s easier to visualize and select the most appropriate procedure based on a flight plan and intended direction of flight.

Customized holding procedures

Pilots now have the flexibility to easily build customized holding patterns. These holds may be created over an existing fix or over a user-defined waypoint and then inserted into a flight plan. When creating a hold, pilots can easily input an inbound or outbound course, select left or right turns and specify leg length in time or distance. Unpublished holds or those assigned by air traffic control are easily created and displayed within Garmin Pilot to simplify the process of visualizing and flying a holding pattern.

Worldwide route data packages

Route data packages within Garmin Pilot help to ensure pilots have downloaded all of the data required for a flight plan. Once a flight plan is entered, pilots can review the data that is downloaded to their mobile device. If information is missing for a particular flight, Garmin Pilot displays an option to download additional data. Route data packages are also available worldwide to help ensure pilots have all of the data they need prior to every flight. Databases that are included within the worldwide route data packages include navigation data, instrument approach procedures, SafeTaxi®, terrain, obstacles and more.

The newest release of Garmin Pilot on Apple mobile devices is available immediately. For new customers, Garmin Pilot is available in the Apple App Store as a free download for the first 30 days. After the 30-day trial period, customers may purchase an annual subscription of Garmin Pilot starting at $79.99. Garmin Pilot is supported by Garmin’s award-winning aviation support team, which provides 24/7 worldwide technical and warranty support. Visit www.garmin.com/aviation for additional information.

Garmin Unveils the Fourth Generation GPS/NAV/COMM

  • GTN 650Xi & GTN 750Xi modernize cockpit navigation and are available immediately

OLATHE, Kan.–(BUSINESS WIRE)– Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the GTN™ 650Xi and GTN 750Xi, the next generation of in-flight navigation technology. Designed as a direct slide-in upgrade to the previous generation GTN 650/750, pilots can preserve their panel and modernize the cockpit with the new GTN 650Xi and GTN 750Xi. The all-in-one GPS/NAV/COMM boasts a feature-rich multifunction display and can integrate with new or existing remote-mount equipment such as a transponder or audio panel. Dual-core processors and modern hardware also prepare the GTN Xi series for advanced capabilities in the future. The GTN 650Xi and GTN 750Xi have received Federal Aviation Administration (FAA) approval and are available immediately for fixed-wing single-engine and multi-engine piston, turbine and experimental aircraft, with helicopter and business aircraft approvals soon to follow.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200108005138/en/

GTN 750Xi and GTN 650Xi in the panel of a Bonanza (Photo: Business Wire)

GTN 750Xi and GTN 650Xi in the panel of a Bonanza (Photo: Business Wire)

“After decades of innovation and pioneering the GPS/NAV/COMM, we’re excited to bring the fourth generation GTN 650Xi and GTN 750Xi to the market,” said Carl Wolf, vice president of aviation sales and marketing. “Garmin was the first to introduce the all-in-one navigator with the iconic GNS 430/530. Over time the GNS WAAS and the industry-first GTN 650/750 touchscreen navigators were added to the line-up along with state-of-the-art features such as voice control, wireless connectivity and more. As the leader in GPS cockpit navigation, we have brought the most widely adopted navigators to the industry and with the GTN 650Xi and GTN 750Xi, we’re excited to add one more to the family.”

Modern processing power and state-of-the-art hardware within the GTN 650Xi/750Xi supports faster map rendering and smoother panning throughout the touchscreen navigator. It boasts a large, ultra-high-resolution display and wide viewing angle that offers superior readability in the cockpit. The displays initialize within seconds of start-up, providing immediate access to frequencies and flight plan information, saving valuable time in the aircraft. Preserving the same form factor as the previous generation GTN 650/750, the 6-inch-tall GTN 750Xi and the 2.65-inch-tall GTN 650Xi offer an intuitive touchscreen design with a dedicated direct-to button and dual concentric knob that provide added convenience when interfacing with the display.

Retaining all the features of the GTN 650/750, the GTN Xi series adds a vibrant display and vivid colors that enhance the contemporary look of the new navigators. When installed alongside a G500 TXi or G600 TXi flight display, the GTN Xi series brings a new level of modernization to the cockpit. Highly complementary, the GTN Xi and the TXi flight displays share similarities in display, appearance and hardware qualities. For example, both products feature an angular bezel so the pilot has a near-seamless experience when transitioning between the touchscreen flight display and the navigator.

The GTN 650Xi/750Xi offer advanced navigation functions, including ILS and LPV instrument approach procedures, as well as visual approach guidance. Based on a published glide path angle or a three-degree glideslope from the threshold of the runway, visual approaches also take into account terrain and obstacle clearance to assist pilots in flying a stabilized approach to the runway in visual flight conditions. Approach types that incorporate radius-to-fix (RF) leg types are also supported by the GTN Xi series. Additional capabilities include the option to add a published or custom holding procedure, vertical navigation (VNAV), graphical flight plan editing on the moving map and more.

The colorful, multifunction display-like map allows pilots to better visualize their dynamic position relative to potential hazards, such as terrain, weather and traffic. Geo-referenced instrument approach procedures can be overlaid on the map page, offering superior situational awareness when transitioning from the enroute to approach phase of flight. Terrain alerting is included within the GTN Xi series and further enhances situational awareness by using its internal terrain and obstacle database to provide audible and visual terrain proximity alerts, including, “terrain ahead, pull up” and “obstacle ahead, pull up.” Helicopter Terrain Awareness and Warning System (HTAWS), TAWS-A and TAWS-B are available as options.

Superior integration with an array of avionics on the market make the GTN 650Xi/750Xi a simple and straightforward solution to incorporate into any cockpit. Options for remote audio panel or transponder display and control allow aircraft owners to simplify their panel. When paired with a Garmin autopilot, such as the GFC™ 500 or GFC 600, pilots can fly fully coupled VNAV profiles and instrument approach procedures. Pilot workload-reducing features such as Telligence™ voice control are also available within the GTN Xi when paired with the optional GMA™ 35c. When paired with a GSR 56 Iridium datalink, global text and voice calling can be completed through the touchscreen display on the navigator.

Wireless connectivity is available with the optional Flight Stream 510, allowing pilots to connect their mobile devices running the Garmin Pilot™ and FltPlan Go applications to the GTN 650Xi/750Xi. When connected to the navigator, pilots can save time in the cockpit by wirelessly transferring aviation databases and flight plans from their mobile device to the navigator. Flight Stream 510 also supports the sharing of traffic, weather, GPS position information and more. The GTN Xi series is also compatible with the cost-effective Garmin navigation database.

The GTN 650Xi and GTN 750Xi have received FAA Supplemental Type Certification (STC) and are available immediately through Garmin Authorized Dealers for a suggested retail price of $12,495 and $17,995 respectively. A free GTN Xi trainer app is also available for download on Apple mobile devices, which allows customers to experience the feature set of these navigators. A new GTN Essentials 2.0 eLearning Course provides instruction on best practices for operational use of the new GTN Xi series and can be accessed via this website: https://buy.garmin.com/en-US/US/p/712644. The GTN Xi series come with a two-year warranty and are supported by Garmin’s award-winning aviation support team, which provides 24/7 worldwide technical and warranty support. Garmin was awarded top honors last year in avionics product support for the 16th straight year by Aviation International News,and earned the top spot in the annual avionics product support survey conducted by Professional Pilot magazinethis year, also for the 16th consecutive year.

The SpaceX Starlink Mission

On Monday, January 6 at 9:19 p.m. EST, or 2:19 UTC on January 7, SpaceX launched its third launch of Starlink satellites from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station, Florida.

Falcon 9’s first stage supported a Starlink mission in May 2019, the Iridium-8 mission in January 2019, and the Telstar 18 VANTAGE mission in September 2018. Following stage separation, SpaceX landed Falcon 9’s first stage on the “Of Course I Still Love You” droneship, which was stationed in the Atlantic Ocean. You can watch a replay of launch below and learn more about the mission in our press kit.

Click here for the Starlink Mission YouTube video!

China’s Sixth Prototype C919 Jet Completes First Test Flight

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)

Union Pacific Sues Texas Town Over 1870’s-Era Jobs Promise

Union Pacific (NYSE: UNP) is suing the city of Palestine, Texas, to nullify a 150-year-old contract to keep a certain number of jobs in the town indefinitely.

The agreement between Union Pacific and Palestine — which was signed in 1872 — dates back to the days when the city was at the crossroads of several railroad companies that promised to keep jobs there indefinitely, according to the Palestine Herald-Press.

Union Pacific’s lawsuit, filed Nov. 27 with the U.S. District Courts in the Eastern District of Texas, alleges the railroad’s contract with Palestine should have been invalidated when the federal Surface Transportation Board became the nation’s regulating authority for freight rail in 1996; and again in 1997, when Union Pacific merged with the Missouri-Pacific Railroad.

The agreement requires the Omaha, Nebraska-based railroad to keep 0.52% of its total jobs in Palestine, local officials said.

Union Pacific operates around 32,000 miles of track in 23 Western states. The company had around 37,000 employees as of its last earnings report.

Click the link below to read the full story!

https://finance.yahoo.com/news/union-pacific-sues-texas-town-203443662.html

« Older posts