WELCOME TO WWW.PLANESINTHEAIR.COM

TOMORROWS TRANSPORTATION NEWS TODAY!

Tag: relevant

U.S. and Switzerland sign agreement for PAC-3 MSE missiles

November 2, 2023 /

Bern, Switzerland, Oct. 31, 2023 – United States and Switzerland officials formalized an agreement for Switzerland to purchase Lockheed Martin’s (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles and related support equipment. With this agreement, Switzerland becomes PAC-3’s 15th partner nation.

PAC-3 MSE will bolster Switzerland’s Patriot ground-based air defense system as a part of the Switzerland Air Force’s Air2030 program.

Lockheed Martin and armasuisse also finalized the Offset Agreement supporting the PAC-3 MSE program. This agreement is the catalyst for multiple new projects that will support Switzerland’s  security-relevant technology and industry base (STIB).

The PAC-3 MSE expands the battlespace with a dual-pulse solid rocket motor, providing increased performance in altitude and range. PAC-3 MSE is a high-velocity interceptor that defends against incoming threats, including tactical ballistic missiles, cruise missiles, advanced threats and aircraft. The PAC-3 MSE missile uses Hit-to-Kill technology, intercepting threats through kinetic energy via body-to-body contact.

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.

 

 

 

 

SBB says rail traffic in the Gotthard Base Tunnel interrupted

August 13, 2023 /

When a freight train derailed, the track system and a lane change gate in the Gotthard base tunnel were severely damaged. This safety-relevant device is required to separate the two tunnel tubes. Safety has top priority, which is why the second tube cannot be used for passenger or freight traffic. It cannot be used for freight traffic until at least midnight on Wednesday, August 16, 2023. This increases the travel time between German-speaking Switzerland and Ticino by around an hour. Since international travelers have to change trains in Chiasso, their travel time is about two hours longer. SBB apologizes for the inconvenience.

A precise statement on the cause and extent of damage cannot be made at this time. The Swiss Safety Investigation Board and the cantonal investigation authorities are investigating the accident. The accident site has not yet been released by the investigative authorities for clean-up and repair work.

Due to the increased volume of traffic and the limited alternative connections at the weekend and the limited number of seats, SBB urgently recommends postponing spontaneous train journeys via the Gotthard and asks for your understanding.

According to the Railway Ordinance, freight trains can travel on the panoramic route up to a certain corner height. Accordingly, a large proportion of inland transport is carried out via this route, while a small proportion is temporarily transported by road. Combined transport (containers, semi-trailers, trucks) exceeds this corner height and can therefore only drive on the Gotthard axis via the Gotthard base tunnel. For this reason, combined transport in the transit area is diverted via the Lötschberg-Simplon axis or retained in the exit terminals. There are only small restrictions on the transport of goods and the flow of goods is ensured. SBB will provide information again in due course.

Hapag-Lloyd successfully completes SM SAAM terminal business acquisition

August 1, 2023 /

Hapag-Lloyd (OTC: HPGLY) today successfully completed its 100 % acquisition of SM SAAM’s terminal business and related logistics services, which is based on an agreement announced in October 2022. The transaction was approved unconditionally by the relevant antitrust authorities of all countries involved in this acquisition process.

Investing in terminal infrastructure is a key element of Hapag-Lloyd’s strategic agenda, and Latin America is one of its key markets. The transaction includes interests in terminals in Iquique, Antofagasta, San Antonio, San Vicente and Corral (Chile), Port Everglades (United States / Florida), Mazatlán (Mexico), Buenavista (Colombia), Guayaquil (Ecuador) and Caldera (Costa Rica) as well as related logistics services. The acquisition will further strengthen Hapag-Lloyd’s core liner shipping business and help the carrier to build up a robust and attractive terminal portfolio.

The new entity will be led by its CEO, Mauricio Carrasco, who has been Managing Director for the Terminals Division within the SAAM Group since 2020. Mauricio Carrasco is an experienced senior executive with long-standing experience in Latin America and globally. He has served as Senior Vice President of Development at CSAV and as Senior Director at Hapag-Lloyd, with responsibilities in the Americas, China, Dubai, and India. Rodolfo Díaz, former Senior Director Business Administration Region Latin America at Hapag-Lloyd, will join him as CFO.

Hapag-Lloyd has continuously expanded its involvement in the terminal sector and holds stakes in the Container Terminal Wilhelmshaven, the Container Terminal Altenwerder in Hamburg, the Italy-based Spinelli Group, the India-based J M Baxi Ports & Logistics Limited, Terminal TC3 in Tangier, and Terminal 2 in Damietta, Egypt, which is currently under construction.

La Compagnie Takes Measures Due to Coronavirus COVID-19

March 16, 2020 /
  • MEASURES TAKEN BY LA COMPAGNIE 

Since the outbreak of the Coronavirus COVID-19, our teams have been doing everything possible to guarantee the safety and health of our passengers and cabin crew.

We regularly consult all relevant international authorities to make sure that we follow – and even surpass – their instructions on health precautions related to the effort to prevent the spread of the Coronavirus.

Aircraft cleaning procedures, which were already of the highest standard given our all-business class offer, have been reinforced to guarantee a safe and relaxing experience for our passengers. Our brand-new A321neo also features a state-of-the-art air circulation system that renews cabin air every 3 minutes.

COMMERCIAL POLICY

In light of President Trump’s recent restrictions on travel between Europe and the U.S., effective March 13th at midnight for a period of 30 days, we have been forced to reassess our flight schedule for the upcoming months.

We must suspend all scheduled flights from March 18th to April 12th, 2020,resuming with one daily flight between Paris and New York from April 13th once the restrictions are lifted.

The launch of the seasonal route from New York to Nice is pushed back to June 1st, 2020.

In the unlikely event that your flight has been cancelled by La Compagnie in light of the Covid-19 situation, you will be notified directly via the contact details provided in your booking and will be offered solutions to modify, postpone or cancel your flights.

Any passengers with a flight scheduled between now and May 31st, 2020 who would like to postpone their departure may do so, regardless of fare conditions and at no charge, or receive a non-refundable but transferrable voucher (valid for 12 months).

Boeing, SunExpress Sign Order for 10 Additional 737 MAX Airplanes

November 18, 2019 /
  • Leading leisure carrier exercises options for 10 MAX 8 jets for fleet renewal and growth
  • SunExpress CEO: “Have full confidence Boeing will deliver us a safe, reliable and efficient aircraft.”

DUBAI, United Arab Emirates, Nov. 18, 2019 /PRNewswire/ — SunExpress is exercising options for 10 additional Boeing 737 MAX 8 airplanes to continue renewing its fleet and growing its position in the leisure travel industry, the airline and Boeing [NYSE: BA] announced today at the Dubai Airshow. 

The purchase, valued at $1.2 billion according to list prices, adds to a previous SunExpress order for 32 MAX airplanes.

“We have a long standing, strong and trustful relationship with Boeing and thus we decided to turn our option into an order. We stand behind our strategic decision to phase the 737 MAX into our fleet for all of its economic and ecological advantages, mid- and long-term,” says Jens Bischof, CEO of SunExpress. “We have full confidence that Boeing will deliver us a safe, reliable, and efficient aircraft. However, it goes without saying that this requires the undisputed airworthiness of the model, granted by all relevant authorities. Our utmost priority at SunExpress is and has always been safety.”

The airline, which specializes in offering direct connections between Europe, Turkey and popular holiday destinations, has achieved significant growth in recent years as it steadily expanded its fleet of mainly Boeing 737 airplanes. Last year, SunExpress’ passenger count climbed to nearly 10 million across roughly 100 destinations.

“We are honored and humbled by the trust that SunExpress has placed in our team at Boeing. They have been a wonderful partner over the years, demonstrating every day the efficiency and reliability of the Boeing 737 across their growing network,” said Stan Deal, president & CEO of Boeing Commercial Airplanes. “We regret the impact the MAX grounding has had on SunExpress and their passengers. The Boeing team is working hard to safely return the airplane to service and providing the capacity for SunExpress to continue serving as the backbone of air travel in the Turkish tourism industry.” 

The 737 MAX 8 is part of a family of airplanes that offer 130 to 230 seats and the ability to fly up to 3,850 nautical miles (7,130 kilometers). With improvements such as the CFM International LEAP-1B engine and Advanced Technology winglets, the 737 MAX provides operators a 14% improvement over today’s most efficient single-aisle airplanes and extended range to open up new destinations.

Archives

© 2024 WELCOME TO WWW.PLANESINTHEAIR.COM

Theme by Anders Noren — Up ↑