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Lockheed Martin Photography By Garry Tice 1011 Lockheed Way, Palmdale, Ca. 93599 Event: X-59 - Glamour Shoot Day Date: 12/12/2023 Additional Info:

Skunk Works® Rolls Out X-59, NASA’s Newest X-Plane

January 12, 2024 / WIL BALDWIN

Palmdale, California, January 12, 2024, PRNewswire – Lockheed Martin Skunk Works^® (NYSE: LMT) rolled out the X-59, a unique experimental aircraft designed to quiet the sonic boom, at a ceremony in Palmdale, California. The ceremony marked a significant milestone in Lockheed Martin’s and NASA’s decades-long journey to solve one of the most persistent challenges of supersonic flight, the sonic boom.

Rollout ceremonies are a long-standing aviation tradition, and in the case of the X-59, it celebrated technical advancements, collaboration and innovation that stemmed from years of research, development and production of a one-of-a-kind technology demonstrator aircraft that will reduce the loudness of sonic booms to a gentle thump.

Next, the aircraft will complete ground tests including engine-run and taxi tests before its next major milestone, first flight, later this year. After the aircraft is validated in initial flight tests, it will move into the acoustic testing phase. This phase will include flights over populated areas to provide U.S. and international regulators with statistically valid data required to help approve new rules that could allow quiet commercial supersonic flight over land. This would cut commercial flight times to half of what they are today, transforming travel for people around the world.

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KiwiRail’s next stage of upgrades focused on reducing commuter disruptions

October 8, 2023 / WIL BALDWIN

The next stage of KiwiRail’s network rebuild in Auckland will be a lot less disruptive than the previous stages. Since the start of 2023, KiwiRail has had to fully close rail lines in Auckland for work to upgrade and prepare the metro rail network for the more frequent metro trains to come when the City Rail Link opens.

Auckland Transport’s Executive General Manager Public Transport Services Stacey van der Putten says the reduced disruption for Stage 3 will come as welcome news to Auckland’s rail passengers.

During the rebuild period, Western Line trains will run on a single track affecting service frequencies, and timetables will be confirmed in due course.

Details of alternative public transport options will be available on the AT website www.AT.govt.nz/RailRebuild

Akiem & Alstom sign new framework agreement for 100 Traxx locomotives

July 17, 2023 / WIL BALDWIN

17 July 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, and Akiem European rolling stock leasing company have signed a framework contract for 100 Traxx Universal multi-system (MS3) locomotives. The firm part of the order includes 65 locomotives. The total amount of the framework agreement is up 500 million euros. Akiem confirms its leadership on the leasing European market and its ambition to contribute to the rail market’s accelerating activities, with major investment on corridors from France to 12 other European countries.

The Traxx Multi-system locomotives benefit from optimised energy consumption and can run both Freight and Passenger operations at a speed of up to 160 kilometres per hour. They will cover operations in 12 European countries: Germany, Austria, Switzerland, France, Italy, Belgium, Netherlands, Luxemburg, Hungary, Poland, Czech Republic, Slovakia. As a unique feature for multi-system locomotives, a part of them will be delivered with the last mile feature enabling to access ports, terminals or industrial sites without the need of a shunting locomotive.

All locomotives will be equipped with the leading signalling system ATLAS, Alstom’s onboard solution for the European Train Control System (ETCS). This system comes with the broadest coverage of countries and lines, both in ETCS as well as for legacy system operation, and superior two-out-of-three architecture.

Final assembly is planned to take place at the Alstom site in Kassel, Germany. Deliveries of the units are scheduled to take place between 2025 and 2028.

New Honeywell Turbogenerator Will Run on Biofuel and Power Hybrid Electric Aircraft

March 8, 2021 / WIL BALDWIN

PHOENIX, March 8, 2021 /PRNewswire/ — Honeywell (NYSE: HON) announced it is developing a power source for hybrid-electric aircraft, planned for demonstration later this year. At 280 pounds, the Honeywell 1-Megawatt generator weighs about the same as a motor scooter but delivers enough energy to power an entire neighborhood block. This generator will be combined with the Honeywell HGT1700 auxiliary power unit, currently flown on every Airbus A350 XWB, to form a turbogenerator 2.5 times more powerful than the version the company unveiled in 2019.

The new turbogenerator from Honeywell will be able to run on aviation biofuel, including Honeywell Green Jet Fuel, which is chemically similar to fossil fuel but made from more sustainable alternatives, as well as conventional jet fuel and diesel. Honeywell’s turbogenerator can be used to operate high-power electric motors or charge batteries and can satisfy missions from heavy-lift cargo drones to air taxis, or commuter aircraft. The first demonstration of this turbogenerator system will occur in the third quarter of 2021, with ongoing development and qualification to follow.

Traditionally, aircraft use fuel-burning engines to mechanically turn rotors, propellers or fans. Many new designs, however, use a distributed electric propulsion architecture, in which many electric motors can be tilted or turned off for vertical takeoff and horizontal flight. A Honeywell turbogenerator can provide electric power for multiple electric motors anywhere on an aircraft.

In December, Honeywell signed a memorandum of understanding with British startup Faradair Aerospace to collaborate on systems and a turbogeneration unit that will run on sustainable aviation fuel to power Faradair’s Bio Electric Hybrid Aircraft (BEHA). Faradair intends to deliver 300 hybrid-electric BEHAs into service by 2030, of which 150 will be in a firefighting configuration. Honeywell is in advanced discussions with several other potential turbogenerator customers, working to help define power requirements based on mission profiles required by various manufacturers.

Honeywell unveiled its first turbogenerator for urban air mobility (UAM) at the 2019 HAI HELI-EXPO in Atlanta. It combined Honeywell’s HTS900 turboshaft engine with two 200-kilowatt generators. Since then, the company continues to grow its role in the UAM segment, highlighted by advancements in electric and hybrid-electric propulsion systems.

Honeywell is a major player in the emerging UAM segment, offering a full line of avionics, propulsion and operational systems—all tailored for piloted and autonomous vertical take-off and landing UAM and cargo vehicles. Honeywell also offers aerospace integration and certification expertise for enabling the commercialization of these vehicles.

Honeywell pioneered the sustainable aviation fuel market with its UOP Ecofining process. Honeywell Green Jet Fuel produced by this process is blended seamlessly with petroleum-based jet fuel at commercial scale. When used in up to a 50% blend with petroleum-based jet fuel, Honeywell Green Jet Fuel requires no changes to aircraft technology and meets all critical specifications for flight.

Norwegian Air Could Run Out of Cash Unless Debt Plan Approved

April 27, 2020 / WIL BALDWIN

OSLO (Reuters) – Norwegian Air <NAS.OL> could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned on Monday.

If approved by bondholders, leasing companies and shareholders, the plan may help Norwegian survive the coronavirus outbreak, which has grounded 95% of its fleet, leaving just 7 aircraft in operation.

But the planned debt-to-equity swap will hand majority ownership of 53.1% to the company’s lessors, while bondholders would own 41.7%, leaving current shareholders with just 5.2%, it said.

The move would allow Norwegian to tap government guarantees of 2.7 billion crowns ($255 million), which are dependent on the company reducing its ratio of debt to equity, and which would come on top of 300 million crowns it has already received.

It is “critical to get access to the state aid package by mid-May before the company runs out of cash,” Norwegian said in a presentation to investors.

Rapid growth has made Norwegian Europe’s third-largest low-cost airline and the biggest foreign carrier serving New York and other major U.S. cities, but with the expansion came debts and liabilities of close to $8 billion by the end of 2019.

Last week, the company reported that four Swedish and Danish subsidiaries had filed for bankruptcy and that it had ended staffing contracts in Europe and the United States, putting some 4,700 jobs at risk.

Norwegian’s shares opened 8% lower on Monday and are down 86% year-to-date.

The company aims to gradually emerge from the COVID-19 crisis with both a short-haul and long-haul network in place, and is targeting a return to normal operations in 2022, it said.

The plan requires backing from bondholders in each of four separate votes planned for April 30, from shareholders in an extraordinary general meeting scheduled for May 4, and from leasing firms.

It maintained plans to raise up to 400 million crowns in cash from owners.

(Editing by Jan Harvey)

FILE PHOTO: A Norwegian Air plane is refuelled at Oslo Gardermoen airport

EasyJet Founder Says Will Not Inject Fresh Equity Into Company

April 6, 2020 / WIL BALDWIN

FILE PHOTO: Easyjet founder Stelios Haji-Ioannou speaks at a media event to celebrate 20 years in business at Luton Airport

(Reuters) – Stelios Haji-Ioannou, the founder of easyJet Plc <EZJ.L>, has warned that he will not inject any fresh equity into the airline until it terminates a contract with Airbus SE <AIR.PA> for 4.5 billion pounds ($5.50 billion), according to a letter https://easy.com/wp/wp-content/uploads/2020-04-05-stelios-media-statement-on-easyjet-and-airbus-for-release-6april20-final.pdf posted on EasyGroup’s website.

In his letter, Haji-Ioannou has also called for removal of easyJet’s Chief Finaicial Officer Andrew Findlay, after earlier calling for a board meeting on a vote to remove Andreas Bierwirth as a director, which was rejected by easyJet.

“If this 4.5 billion pound liability to Airbus is preserved – and not cancelled – by the easyJet board then, I regret to report, easyJet will run out of money around August 2020, perhaps even earlier,” the founder said in his letter.

“I will certainly not be throwing good money after bad. For the avoidance of doubt, I will not inject any fresh equity in easyJet whilst the Airbus liability is in place.”

He also stated that he will continue to call for the removal of more directors every time the company delays the vote.

He also wants easyJet to reduce its fleet size to 250 aircraft from 350, adding that the airline will not need any more additional new planes for many years to come.

(Reporting by Juby Babu in Bengaluru; editing by Diane Craft)

Alstom to Equip Regional Trains in Sweden with ERTMS Onboard Control System

March 25, 2020 / WIL BALDWIN

Alstom has been awarded a contract by AB Transitio, Region Skåne through Skånetrafiken, Region Blekinge, Hallandstrafiken AB, and DSB SOV to equip a fleet of 77 X31 regional trains with ERTMS onboard train control system, with an option of an additional 34 trains. All trains will be ready by end of 2023. The contract is worth about 35 million euro.

The trains are running in the growing Öresund region in the South of Sweden, and Eastern Denmark.

Alstom will install a solution that features an integrated dual system enabling the trains to run on legacy lines equipped with ATC-2 system in Sweden, whilst being also able to run on lines newly equipped with the ERTMS Level 2 system both in Sweden and Denmark. Furthermore, the trains are also equipped to run on the existing ZUB 123 system in Denmark. The design of the dual system minimizes hardware equipment by sharing some on-board components, and the wheel sensors. Alstom is the ERTMS market leader and is currently delivering a similar solution in Norway on over 400 trains, to be completed in 2026.

“We are very pleased to deliver an onboard control system solution for AB Transitio and their fellow vehicle owners for Öresundstrafiken. This contract is a strategic win for Alstom in Sweden, where its longstanding international ERTMS experience now will be applied to a major part of the train fleet in southern Sweden,” said Björn Asplund, Managing Director of Alstom Sweden.

“To us, an updated and modern train fleet is important as we see a steadily increasing flow of passengers to a region that continues to grow. With a new digital signalling system, the trains will continue to provide a very safe railway service in the Öresund region”, says Stefan Kallin, CEO of AB Transitio.

The project will be delivered by Alstom Sweden together with Alstom center of excellence for ERTMS in Charleroi, Belgium. Installation design and supply chain will be performed by the Alstom team in Copenhagen, Denmark.

Alstom’s Atlas is the worldwide number one in on-board ERTMS equipment, representing 70% of the on-board systems in service in ERTMS Level 2. Today, across 20 countries, trains under Atlas supervision have covered over 150 million kilometers, including Deutsche Bahn’s ICE3 fleet recently equipped in Germany. Alstom has also delivered the first ERTMS Level 3 in commercial service in the world in Germany.

Air France Plans to Run Flight Schedule Despite Jan 6-7 Strikes

January 5, 2020 / WIL BALDWIN

PARIS (Reuters) – Air France <AFLYY> said on Sunday it planned to run its entire flight schedule on Jan. 6 and Jan. 7, despite calls by some crew unions to strike as part of ongoing nationwide protests over the government’s efforts to reform the pension system.

“On January 6 and 7, 2020, Air France plans to operate its entire flight schedule,” the airline said in a statement, which also cited discussions between the government and unions that it said had resulted in guarantees for flight crews’ future pension system.

(Reporting by Sudip Kar-Gupta; Editing by Gareth Jones)

An Air France Airbus A319 plane takes off from the Nantes-Atlantique airport in Bouguenais near Nantes

Strong SUV, Truck Demand Drive U.S. June Auto Sales Higher

July 2, 2019 / WIL BALDWIN

July 2 (Reuters) – Automakers including Fiat Chrysler Automobiles NV and Hyundai Motor Co on Tuesday reported a rise in U.S. sales for June, lifted by strong demand for sport utility vehicles and trucks.

Automakers have focused on selling the more profitable larger SUVs and trucks and had offered heavy discounts of up to 30% or more on their most popular models in June amid a slowdown in the broader market.

U.S. auto sales are slowing after a long bull-run that has satiated replacement demand.

Fiat Chrysler said its sales rose 1.9% to 206,083 vehicles in June, driven by a 45% surge in sales of its Ram trucks.

Hyundai said its sales rose 1.5% to 64,202 vehicles in the month, boosted by a 36% increase in sales of its Santa Fe sport utility vehicles.

GM and Ford are yet to report their sales numbers.

Mitsubishi Motors North America Inc said its June sales rose 10.5% to 12,317 vehicles due to an increase in sales of its seven-seater Outlander and Eclipse Cross SUV’s.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Shinjini Ganguli and James Emmanuel)

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