Tag: program (Page 1 of 24)

AMSL Aero welcomes government support for vertiia aircraft to fight bushfires

February 19, 2024 / WIL BALDWIN

Sydney, Australia, February 19, 2024 – Australian zero emission aircraft designer and manufacturer AMSL Aero today welcomes the Australian Government’s move to back the development of its zero-emission aircraft Vertiia to fight bushfires autonomously in an effective, efficient way that keeps firefighters safer and enables nighttime firefighting.

AMSL Aero will use the A$3 million in funding from the Cooperative Research Centres’ Projects program to develop a remotely piloted version of Vertiia, the world’s most efficient long range zero emissions electric Vertical Take Off and Landing (VTOL) aircraft, that is capable of effectively spraying preventative fire retardant and dropping hundreds of litres of water.

AMSL Aero will work with its partners to develop a method of operating autonomous remotely piloted VTOLs for aerial firefighting, modify a prototype Vertiia for use as zero emissions low-cost firefighting aircraft, meet regulatory requirements, and test the aircraft in regional Australia. Its partners on the project are The University of Sydney, leading robotics company Mission Systems and Australian firefighting aviation operator Pay’s Air Service, which conducts firefighting operations in Australia and Europe every year, including in Greece, where it recently fought fires for NATO.

American Airlines & World Series champion Texas Rangers partner

February 14, 2024 / WIL BALDWIN

Fort Worth, Texas, January 14, 2024 – American Airlines Group (Nasdaq: AAL) is teaming up with the reigning World Champions, the Texas Rangers. The multiyear deal taps American as the Official and Exclusive Airline and Airline Rewards Program of the Texas Rangers and includes additional marketing and sponsorship benefits that will engage fans in the community and beyond.

The collaboration will extend beyond the diamond, offering fans unique opportunities to travel to the games and enjoy exclusive perks. From throwing out the first pitch at a game and suite seats to once-in-a-lifetime meet-and-greets with popular players, American is set to enhance the fan experience and bring them closer to the action.

The only way to unlock access to these experiences is by becoming an AAdvantage® member. Fans who are U.S. residents, ages 18 and over, can sign up once daily at aa.com/RangersPerks for a chance to win that specific prize. Not an AAdvantage® member? Sign up.

Click the link below to read the full story!

American Airlines partners with Texas Rangers

Forward-Looking Statements

This press release may 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.

RTX Pratt & Whitney receives $355 million F100 engine sustainment contract

February 13, 2024 / WIL BALDWIN

East Hartford, Connecticut, February 13, 2024, PRNewswire – Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded an F100 engine performance-based logistics (PBL) sustainment contract by South Korea’s Defense Acquisition Program Administration (DAPA). This contract, with a base value of $355 million, is the third consecutive PBL contract Pratt & Whitney and DAPA have signed since 2012, offering on-going maintenance support for the Republic of Korea Air Force’s (ROKAF) F-15 Eagles and F-16 Fighting Falcons.

This contract is the latest initiative in an enduring partnership between Pratt & Whitney, DAPA and ROKAF, and it will support more efficient depot planning and improve overall fleet readiness through long-term material forecasting. Sustainment work began in December of 2023 and will run through the second half of 2027.

Forward-Looking Statements

Maersk and Air Cargo News highlight global trends in 2024 air cargo market

February 2, 2024 / WIL BALDWIN

The air cargo sector is undergoing a demand slowdown due to global macroeconomic conditions. Post-Covid normalisation as well as global geopolitical crises, most notably in the form of military conflicts, have been the root cause.

Looking ahead, there is little confidence that this situation will improve drastically in the near term. This is partly due to rising interest rates and the termination of key government support programmes.

With customer demands getting more nuanced, a high level of flexibility seems to be the need of the hour. Air freight operators need to be nimble and provide solutions that lower operating costs and save time.

Here’s a quick fly-by of air cargo trends in 2024…

Click here to read the full story!

Lockheed Martin delivers 75th APY-9 radar for E-2D Advanced Hawkeye

January 29, 2024 / WIL BALDWIN

Syracuse, New York, January 29, 2024 – Lockheed Martin Corporation (NYSE: LMT), under contract to Northrop Grumman for the U.S. Navy’s E-2D Advanced Hawkeye, has delivered the 75^th APY-9 radar that provides the U.S. Navy with information dominance through revolutionary sensor capability. More Hawkeyes have been built and delivered than any other AEW platform in the world.

The newest Advanced Hawkeye variant is at the forefront of technological capability, due in large part to Lockheed Martin’s APY-9 radar. The Northrop Grumman-built E-2 has come to be known as the U.S. Navy’s “eyes of the fleet” because of its ability to simultaneously watch over air, land and sea. Any time a Navy carrier has aircraft airborne, there is an APY-9 radar at work, guarding the United States and its allies.

On Time and On Task

The U.S. Navy has funded 80 out of 86 aircraft in the current program of record. Japan has purchased 18 E-2D Hawkeyes and France has purchased three. With U.S. and international demand, the APY-9 is expected to be in production into the late 2020’s, and in modernization and sustainment well into the 2040’s.

Click the link below to read the full press release!

Lockheed Martin APY-9 Radar

Forward-Looking Statements

Airbus and Tata to set up first helicopter Final Assembly Line in India

January 26, 2024 / WIL BALDWIN

New Delhi, India, January 26, 2024 – In a major boost to ‘Make in India’, Airbus Group SE (Paris: AIR) Helicopters has announced that it is partnering with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will produce Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighbouring countries.

The FAL will be the first instance of the private sector setting up a helicopter manufacturing facility in India, providing a major boost to the Government of India’s ‘AatmaNirbhar Bharat’ (self-reliant India) programme. Under this partnership, Tata Advanced Systems Limited (TASL), a subsidiary of Tata Group, will set up the facility along with Airbus Helicopters.

The announcement was made during the two-day visit of French President Emmanuel Macron to India as Chief Guest at the Republic Day celebrations on January 26.

The FAL in India will undertake the integration of the major component assemblies, avionics and mission systems, installation of electrical harnesses, hydraulic circuits, flight controls, dynamic components, fuel system and the engine. It will also do testing, qualification, and delivery of the H125 to customers in India and the region. The FAL will take 24 months to set up and deliveries of the first ‘Made in India’ H125s are expected to commence in 2026. The location of the FAL will be jointly decided by Airbus and the Tata Group.

Forward-Looking Statements

HEINEKEN picks Siemens for decarbonization program

January 16, 2024 / WIL BALDWIN

HEINEKEN, the world’s most international brewer, has selected Siemens as a partner for its global Net Zero Production roadmap, as part of HEINEKEN’s ambitions to reach net zero in Scopes 1 and 2 across all production sites by 2030.*

Siemens and HEINEKEN will work together on a long-term decarbonization program which will see Siemens implementing solutions and services from its Siemens Xcelerator portfolio, to reduce energy usage at more than 15 HEINEKEN beer and malt production sites, spanning facilities across Asia-Pacific, the Americas and Europe. Additional sites will be added in a second phase.

HEINEKEN and Siemens collaborated on an initial project of consulting, auditing, and advisory services, using an energy digital twin to simulate and analyze a typical HEINEKEN brewery in the virtual world, identifying where significant energy savings could be made. The simulation showed approximately 70 percent of energy use was linked to the generation of heating and cooling necessary for the brewing process. By optimizing and monitoring these cooling and heating systems through an end-to-end program, Siemens estimates energy savings of between 15-20 percent at each site, and an average CO2 reduction of 50 percent at each site.

Emirates and Azul expand partnership

January 15, 2024 / WIL BALDWIN

Dubai, UAE, January 15, 2024 – Emirates and Azul Linhas Aereas Brasileiras S.A. (Azul) have taken their partnership to new heights with the launch of a reciprocal loyalty program offering. Emirates Skywards and TudoAzul frequent flyer members can now earn and redeem Miles across a joint network of more than 290 destinations worldwide. The two carriers launched a codeshare partnership in 2021 to provide customers enhanced connectivity to/from eight cities in Brazil to Emirates’ global network via Sao Paulo.

More opportunities to earn Miles

Under the agreement, Emirates Skywards members can earn Miles while traveling across Azul’s network of more than 150 destinations. Skywards members earn up to 1 Skywards Mile per mile flown in Economy class, and up to 1.5 Skywards Miles per mile flown in Business Class. Members can also redeem flight rewards on Azul Economy Class on emirates.com (starting from 8,000 Miles for a one-way reward ticket) and Azul Business Class (starting from 17,500 Miles for a one-way reward ticket). The partnership will also enable TudoAzul members to earn Miles across Emirates’ global network of more than 130 destinations, across six continents. Azul members can also enjoy flight rewards on Emirates Economy and Business Class cabins.*

Connecting Brazil to the world

Emirates currently operates a daily A380 service to Sao Paulo, featuring its highly lauded Premium Economy cabin. The airline also operates a Boeing 777-300ER service between Dubai and Rio de Janeiro, which also connects travellers onwards to Buenos Aires. The codeshare agreement with Emirates and Azul allows customers to connect to/from Rio de Janeiro, Santos Dumont (SDU), Belem (BEL) Belo Horizonte (CNF), Cuiaba (CGB), Curitiba (CWB), Juazeiro Do Norte (JDO), Porto Alegre (POA) and Recife (REC) airports on flights operated by Azul to Emirates flights from Sao Paulo (GRU) to Dubai and beyond with a single ticket.

European Union implements new customs procedures

January 10, 2024 / WIL BALDWIN

Ocean Network Express (ONE) has notified customers that the European Union (E.U.) has implemented its new customs pre-arrival security and safety program, supported by an extensive advanced cargo information system known as “Import Control System 2 (ICS 2)”. This regulation will replace the current regulation ICS 1.

From June 2024, all goods moved by Maritime transportation which are destined for, or transiting the E.U., Switzerland, Norway, and Northern Ireland will be subject to new entry regulations – ICS2. Economic Operators (EOs) or Shippers will have to declare safety and 2 security data to ICS2, through the Entry Summary Declaration (ENS).

Paving the transition for ONE Customers At ONE, we are in the process of upgrading our systems to capture and process mandatory information, such as the 6-digit HS code, place of receipt and House Bill of Lading data ensuring we can support all our customers with their ENS submissions. Additionally, we are providing extensive training to our Magentians across all regions to equip them with the necessary information to support you, our customer during this transition. Watch out for further updates and announcements on our progress in 2024.

For more information on the upcoming ICS2, click on the link below.

https://taxation-customs.ec.europa.eu/customs-4/customs-security/import-control-system-2-ics2-0_en

Korean Air to expand cargo SAF program with Yusen Logistics

January 9, 2024 / WIL BALDWIN

Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of sustainable aviation fuel (SAF) in the air cargo industry. The two companies signed a Sustainable Aviation Fuel Cooperation Program Agreement at the Yusen Logistics headquarters in Tokyo.

Yusen Logistics is the airline’s first cargo SAF partner based in Japan, and the two companies will collaborate to promote SAF usage within the Asian region in alignment with the aviation industry’s climate change goals.

In September 2023, Korean Air launched a program to use SAF for air cargo operations with air cargo customers and forwarders, a first of its kind in Korea in the air cargo industry. Customers are able to purchase SAF for air cargo operations, and Korean Air will share the carbon emissions reductions with its customers.

Korean Air is committed to cooperating with all relevant governments, clients and oil refinery companies to expedite the use of SAF and create an efficient domestic SAF infrastructure in Korea.

Here’s a quick fly-by of air cargo trends in 2024…

Archives