Tag: Royal (Page 1 of 5)

Alstom signs contract for Saudi Arabia Tramway Project

January 9, 2024 / WIL BALDWIN

January, 2024 – Alstom, a global leader in smart and sustainable mobility, signed a contract of more than €500 million with The Royal Commission for AlUla’s pioneering battery-powered tramway, the world’s longest catenary-free line.

The fully integrated Alstom tramway system will feature 20 state-of-the-art Citadis B battery-trams. The 22.4km line will encapsulate richness, history, and green mobility like no other, linking 17 strategically located stations, offering unmatched access to AlUla’s five core historical districts, including UNESCO World Heritage sites such as AlUla Old Town (District 1), Dadan (District 2), Jabal Ikmah (District 3), Nabataean Horizon (District 4), and Hegra Historical City (District 5).

This ambitious project aims to deliver unique transit options for residents and tourists, with innovative, climate-adapted trams.

Alstom plays a pivotal role in this project, from comprehensive system design to integration, installation and testing and commissioning of the catenary-free and battery-powered tramway. Alstom will also deliver power supply, signalling, communication, and depot equipment and provide full maintenance for the trams for 10 years, using HealthHub, Alstom’s tool for predictive maintenance and fleet management to deliver the highest availability. The services teams will also use an itinerant workshop for all types of overhauls to be more flexible and reduce capital expenditure, and provide robust training programmes for tram personnel, ensuring operational efficiency. The project will draw on Alstom’s global in-house expertise in integrated railway systems. The trams will be manufactured across Alstom’s French production sites, including La Rochelle for both design and construction.

Royal Jordanian Airlines sign pool program agreement with Embraer for E2 fleet support

October 18, 2023 / WIL BALDWIN

Amsterdam, Netherlands, October 17, 2023 – Embraer SA (NYSE: ERJ) has signed a multi-year contract with Royal Jordanian Airlines to support a total fleet of eight E190-E2 and E-195-E2 jets with the Pool Program. The agreement will provide support for a wide range of repairable components for the jets that will be added to Royal Jordanian’s fleet. Currently, Embraer’s Pool Program supports more than 60 airlines worldwide.

Embraer provides support to airlines worldwide, with its technical expertise and its vast component services network. The results are significant savings in repair and inventory carrying costs and a reduction in warehousing space and resources required for repair management, while ultimately providing guaranteed performance levels. Embraer Services & Support’s portfolio offers a wide range of competitive solutions designed for each customer to support the growing fleet of Embraer aircraft worldwide and deliver the best after-sales experience in the global aerospace industry.

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

August 22, 2023 / WIL BALDWIN

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.

Embraer deliveries increase 47% in second quarter 2023

August 6, 2023 / WIL BALDWIN

Sao Jose dos Campos, Brazil, August 3, 2023 – Embraer (NYSE: ERJ) delivered a total of 47 jets in the second quarter of 2023, of which 17 were commercial aircraft and 30 were executive jets (19 light jets and 11 midsize jets). During the year, the company delivered a total of 62 aircraft (24 commercial and 38 executive). The second quarter deliveries were 47% higher than in the same period from 2022. In the first half of 2023, the volume has increased 35% compared to 2022, when 46 jets have been delivered. Compared to the second quarter of 2022, deliveries volume increased by 55% in Commercial Aviation and 43% in Executive Jets. The firm order backlog ended the period at US$ 17.3 billion.

In Commercial Aviation, American Airlines signed a firm order with Embraer for seven new E175’s. The aircraft will be operated by the subsidiary Envoy Air. With deliveries to begin 4Q23, Envoy’s fleet of E-Jets will grow to over 141 aircraft by the end of 2024. Embraer also received a firm order from Binter for six E195-E2’s, which will bring Binter’s E2 fleet to 16 jets when deliveries are completed. Four E175’s also began operations with Star Air, an Indian airline that already operates E-Jets. Star Air has also extended its Pool Program contract to include the E175’s in its fleet

Malaysia’s SKS Airways closed an agreement to add ten E195-E2 jets to its fleet. In addition, SKS joined the Pool Program to support aircraft to be operated in Southeast Asia. Scoot, a low-cost subsidiary of Singapore Airlines, is also adding nine E190-E2’s to its portfolio. And Royal Jordanian Airlines reached an agreement to introduce eight E190-E2 and E195-E2 jets into its operations, with deliveries starting in the 4Q23. All three agreements involved contracts with the leasing company Azorra.

Aerial view of the Singapore landmark financial business district at twilight sunset scene with skyscraper and beautiful sky. Singapore downtown

In Executive Aviation, NetJets signed a contract with Embraer for the acquisition of up to 250 Praetor 500 jet options. The deal is valued at more than US$ 5 billion, and deliveries are expected to begin in 2025.

Saab offers four Expeditionary Submarines to the Netherlands

July 28, 2023 / WIL BALDWIN

July 28, 2023 – Supported by Sweden and the United Kingdom, Saab (OTC: SAABF) has today submitted its proposal for the replacement of Netherland’s current submarines. The proposal comprises four advanced Expeditionary Submarines with the latest innovations and technologies and includes a cooperation with Dutch shipbuilder Damen Shipyards Group.

Saab’s offered solution is based on a successful, proven and future-proof design. It will incorporate the latest capabilities and technologies, whilst its truly modular design will allow for new technologies as they evolve to ensure relevance for many years to come.

Saab and Dutch shipbuilder Damen Shipyards Group have cooperated since 2015 and the offer to build submarines to replace the Dutch Walrus-class is a balanced cooperation between the Netherlands and Sweden.

The C718 is an advanced Expeditionary Submarine that offers an unsurpassed level of endurance and exceeds the Royal Netherlands Navy needs for long-distance operations, sufficient accommodation, crew comfort and increased weapon payload capability.

Sweden, through Saab’s business area Kockums, has a long tradition in producing world class submarines. Four nations are currently operating submarines and submarine technology designed by Saab’s business area Kockums; Sweden, Australia, Japan and Singapore.

Canadian Government orders 4 new Airbus A330 MRTT’s

July 27, 2023 / WIL BALDWIN

Getafe, Spain / Ottawa, Canada – 25 July 2023 – The Government of Canada has awarded Airbus (OTC: EADSY) Defence and Space with a contract for four newly-built Airbus A330 Multi Role Tanker Transport aircraft (MRTT) and for the conversion of five used A330-200s in a quest to strengthen Canada’s continental defence capabilities. The current contract has an order value of approximately CAD $3 billion or 2.1€ billion (excluding taxes).

Known as the Strategic Tanker Transport Capability (STTC), this new fleet of aircraft will replace the ageing CC-150 Polaris (A310 MRTT), operated by the Royal Canadian Air Force (RCAF). The existing A310 fleet is being used to perform air-to-air refuelling operations, military and personnel and cargo airlift, medical evacuations, as well as strategic transport of Government of Canada officials.

The newly-built A330-200s will be assembled at the A330 aircraft Final Assembly Line in Toulouse, France. Scheduled to enter into conversion at A330 MRTT facilities in Getafe, Spain, in mid-2025, the first MRTT will be delivered to the RCAF in 2027.

Under the agreement, the A330 MRTTs will be equipped with both the hose and drogue and a boom as refuelling options, cybersecurity solutions and countermeasures. All of them could be installed with the also included Airbus Medical Evacuation kit solution, consisting of 2 Intensive Care Units and additional stretchers.

The contract covers a full suite of training services including the most advanced training devices such as the Full Flight Simulator to prepare and maintain crew readiness as part of the modernisation of the Canadian Armed Forces’ air operational training infrastructure.

Following an open procurement process, in April 2021, Airbus was selected as the only qualified supplier for the CC-150 tanker replacement. With 76 orders from 15 customers and able to carry up to 300 troops, the A330 MRTT accumulates 90 percent market share outside the U.S.A. and more than 270,000 flight hours. As a mature platform, the aircraft has been proven in combat in theatres of operations like the Middle East and the Eastern Flank in Europe, with interoperability, mission success and availability rates as highlights of its performance.

BAE Systems wins Multi-million pound contract to equip Royal Air Force Typhoons with latest advanced radar capabilities

July 5, 2023 / WIL BALDWIN

The Ministry of Defence (MOD) has awarded BAE Systems (OTC: BAESY) a £870m contract to deliver a new radar to enhance the Royal Air Force’s (RAF) Typhoon fighter jet fleet and strengthen the aircraft’s control of the airspace whilst providing cutting-edge electronic warfare capabilities.

The contract, awarded by the Ministry of Defence to BAE Systems, will see further development of technology and integration work on the European Common Radar System (ECRS) Mk2 radar by BAE Systems and Leonardo UK. The work is expected to lead to initial flight testing in 2024.

BAE Systems leads the overall design, development, manufacture and upgrade of the Typhoon aircraft for the UK and Leonardo is the lead for the aircraft’s main sensing and survivability systems including its radar and defensive aids sub-system.

The contract is part of the UK Government announcement made in July 2022, to invest £2.35 billion in the continued technology advancements in Typhoon capabilities, as recognition of its long-term role supporting national security and defence priorities.

Typhoon is a highly capable and extremely agile multi-role combat aircraft. It is capable of being deployed for the full spectrum of air operations, including air policing, peace support and high-intensity conflict. The RAF Typhoons are deployed alongside F-35B Lightning II to provide frontline capability for the UK.

The Typhoon programme supports more than 20,000 jobs across all regions of the UK every year, contributing £1.4 billion to the economy annually. The ECRS Mk2 radar programme sustains more than 600 highly-skilled jobs across the country, including more than 300 at Leonardo’s site in Edinburgh, more than 100 electronic warfare specialists at the company’s site in Luton, and 120 advanced engineers at BAE Systems’ site in Lancashire.

EVA Air Boosts Sustainable Fleet with Five Additional 787-9 Dreamliners

April 1, 2023 / WIL BALDWIN

– Repeat order for 787s supports EVA efforts to reduce carbon emissions, grow sustainably

– Providing flexibility for long-haul routes to North America, Europe and Asia

SEATTLE, March 30, 2023 /PRNewswire/ Boeing [NYSE: BA] and EVA Air today finalized an order for five additional 787-9 Dreamliners, a repeat order for Boeing’s super-efficient widebody jet. EVA Air’s follow-on investment in the 787 will enable the airline to further reduce carbon emissions and sustainably grow its fleet.

EVA Air ordered five more Boeing 787-9s following approval by its board of directors on March 13, 2023. The deliveries are scheduled to begin in 2025 and be completed in 2027. And, starting in mid-2024, EVA will update and reconfigure its 787-9s to add its popular Premium Economy Class to the Royal Laurel and Economy options now available on the aircraft. Inclusion of this latest 787 order will increase the number of B787s in EVA’s fleet to a total of 26, 13 B787-9s and 13 B787-10s. More information about EVA’s fleet and cabin services, in addition to its routes and booking choices, is available at www.EVAAir.com.

The Taipei-based airline currently operates a fleet of 10 787s, including four 787-9s and six 787-10s. With this new order, EVA Air has unfilled orders for seven 787-10s and nine 787-9s. EVA Air also operates one of the world’s largest 777 fleets with more than 40 airplanes, including passenger and freighter models, with one 777 Freighter on order.

Boeing Teams with Canadian Industry to Offer P-8A Poseidon

June 1, 2022 / WIL BALDWIN

Ottawa, Ontario, June 1, 2022 – Boeing [NYSE: BA] and several Canadian industry partners announced today their intent to collaborate to provide the capability and sustainability of the proven P-8A Poseidon for the Canadian Multi-Mission Aircraft (CMMA) requirement.

Team Poseidon, consisting of CAE, GE Aviation Canada, IMP Aerospace & Defence, KF Aerospace, Honeywell Aerospace Canada and Raytheon Canada, forms the cornerstone of a Canadian P-8 industrial footprint. The team builds on 81 Canadian suppliers to the platform and to more than 550 Canadian suppliers across all provinces contributing to Boeing’s annual CAD $5.3 billion in economic benefit to Canada, supporting more than 20,000 Canadian jobs.

The Boeing P-8A is a proven military off-the-shelf solution with nearly 150 aircraft delivered to five nations to date. The P-8 will improve Canada’s capability to defend its northern and maritime borders while ensuring interoperability with NORAD and NATO allies. As a leading platform for reducing the environmental impact of military aircraft, the P-8 can operate on a 50% blend of sustainable aviation fuel today with aspirations to move toward 100% with investment in new technology.

The P-8A Poseidon offers advanced anti-submarine warfare, anti-surface warfare, intelligence, surveillance and reconnaissance, and search and rescue capability, and is the only in-service, in-production multi-mission aircraft that meets all CMMA requirements. The P-8 also has the added distinction of strengthening the connection between national security and environmental stewardship.

Having executed more than 450,000 collective mishap free flight-hours, the P-8A Poseidon has proven its capability to operate around the globe in the harshest flight regimes including extended operations in extreme cold weather and icing environments.

Current Boeing P-8 customers include the US Navy, Indian Navy, Royal Australian Air Force, Royal Air Force, Royal Norwegian Air Force, Royal New Zealand Air Force, Republic of Korea Navy and Germany Navy.

Built on the proven 737 Next-Generation airframe, P-8’s 86% commonality with more than 4,000 in-service 737NGs delivers lower life-cycle sustainment costs due to large economies of scale.

Norway’s First P-8A Poseidon Rolls Out of Boeing Paint Shop

July 10, 2021 / WIL BALDWIN

The first P-8A Poseidon aircraft for Norway today rolled out of the paint shop in Renton, in Royal Norwegian Air Force livery. Norway is one of eight nations to have acquired the P-8A as their new multimission maritime patrol aircraft.

Recently, the air force revealed the names of its five P-8A Poseidon aircraft: Vingtor, Viking, Ulabrand, Hugin and Munin. The names are inspired by Norse mythology and continue a tradition of almost 80 years that started when the names Vingtor, Viking and Ulabrand were used on Norway’s PBY-5 Catalina maritime patrol aircraft in 1942. Since then, other maritime patrol aircraft operated by the Royal Norwegian Air Force have carried those names, including its current P-3 fleet, which will be replaced by the P-8.

Norway’s first P-8A aircraft – Vingtor – will now return to the factory floor to be prepared for flight testing. First flight is scheduled for later this month, and mission systems will be installed on the aircraft after that.

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