Tag: services (Page 1 of 25)

Vietjet Air picks Rolls-Royce Trent 7000 engines for A330neo

February 25, 2024 / WIL BALDWIN

Singapore Air Show, February, 2024 – Vietjet Air has signed a Memorandum of Understanding (MoU) with Airbus Group SE (Paris: AIR) for the purchase of 20 A330-900 widebodies. When the order is finalized, the aircraft will be operated on the carrier’s growing long range network, as well as on high capacity regional services. They will replace the carrier’s current fleet of leased A330-300’s, as well as providing for network expansion.

Rolls-Royce (LSE: RR) today announces a commitment by Vietjet Air for 20 Trent 7000 powered A330neo, which will complement the airline’s existing widebody fleet of seven Trent 700 powered A330ceo aircraft.

With a laser focus on sustainability, Vietjet Air has committed to the A330neo/Trent 7000 combination as it delivers a 14% better fuel burn per seat, whilst significantly lowering emissions. The reduction in emissions will allow the airline to avoid more than one hundred thousand tons of CO2 over the lifetime of each aircraft.

The Trent 7000 draws on the technology and experience of the most advanced family of engines in the world. As the latest member of the Trent family, the Trent 7000 is based on Trent XWB technology and has delivered exceptional reliability since its entry into service.

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.

Eve Air Mobility and SkyScape announce first urban ATM agreement in Japan

February 19, 2024 / WIL BALDWIN

Singapore – February 20, 2024 – Eve Air Mobility (NYSE: EVEX) and SkyScape, a Japanese vertiport development and management company headquartered in Osaka, Japan, have announced an agreement to use Eve’s Urban ATM (air traffic management) as a part of the Advanced Air Mobility (AAM) concept of operations published by the Japanese government. The announcement makes Skyscape Eve’s 13th Urban ATM customer and it becomes its sixth Urban ATM vertiport customer as the company continues to grow its business globally.

Eve’s Urban ATM software solution is a key enabler to the efficient implementation and scalability of urban air mobility (UAM) by providing services for air navigation service providers, urban authorities, fleet operators, vertiport operators, and other UAM stakeholders. The solution includes UAM flight coordination, vertiport automation airside support, airspace flow management and conformance management.

As part of the agreement, the two companies will collaborate in a number of different ways including promoting Urban Air Mobility in Japan and the test and trial of Urban ATM software including data collection and sharing. The companies will also work together on showcasing eVTOL design and testing, vertiport design, operation certification and future autonomous operation development at SkyScape locations including their planned country research site known as the “Integrated Aviation Center” (IAC) when it opens in the future.

Forward-Looking Statements

Pratt & Whitney expands site at Eagle Services Asia facility in Singapore

February 19, 2024 / WIL BALDWIN

Singapore, February 19, 2024, PRNewswire – (Singapore Airshow) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced the official opening of a 48,000 square-foot expansion of its Singapore based engine center, Eagle Services Asia (ESA). The facility will grow its GTF capacity by two-thirds this year.

The transformative technology insertion applied across both ESA sites integrates robotics, automation and machine learning to increase efficiency, lower stress on machine operators and increase safety for key MRO processes.

These innovations include fully automated high-pressure compressor (HPC) rotor stacking, a Receive-in-Check Cobot that augments the work done by human inspectors and a robotic arm to install and remove HPC bearing sleeves.

ESA, a joint venture between SIA Engineering Company and Pratt & Whitney, is a member of the Pratt & Whitney GTF™ MRO network. Since introducing GTF MRO capability in 2019, the facility has already completed over 500 GTF engine overhauls.

Forward-Looking Statements

Milan court rules in favor of ryanair online distribution model

February 14, 2024 / WIL BALDWIN

Milan, Italy, February 14, 2023 – Ryanair Holdings PLC (Dublin: RYA), Europe’s No.1 airline, today welcomes the judgments of the Milan Court of Appeal conclusively rejecting Lastminute and Viaggiare’s claims that Ryanair’s exclusive online distribution model constitutes an abuse of a dominant position.

Ryanair has long campaigned to protect customers from price gouging by OTAs who continue to dupe unsuspecting consumers by unlawfully scraping Ryanair’s website, including by overcharging for air fares and ancillary services, using fake customer accounts, fake customer payment cards and fake customer emails. This can be hugely detrimental to customers who, apart from being overcharged, cannot access their Ryanair bookings, make the necessary security declarations, access refunds, or receive direct email communications (such as online check-in reminders) from Ryanair. This historical and precedent-setting Court ruling is a major step forward in protecting unsuspecting consumers from being overcharged by OTAs, and will help to ensure that Ryanair customers always get the lowest fares, the best customer service, and real time email communications.

Ryanair has recently concluded pro-consumer deals with the OTAs Love Holidays and Kiwi so that they can market our flights to their customers, without hidden mark-ups and with full transparency for passengers to protect them against overcharging.

Forward-Looking Statements

Alstom signs contract to supply 16 electric locomotives in Romania

January 29, 2024 / WIL BALDWIN

January 29, 2024 – Alstom, global leader in smart and sustainable mobility, and the Romanian Railway Reform Authority (ARF) have signed a contract for the delivery of 16 Traxx 3 MS electric locomotives and 20 years of associated maintenance services. The contract, totalling around €150 million, extends Alstom’s collaboration with ARF within the rolling stock sector. The 20-year maintenance and repair period can be extended by a further 20 years by concluding an additional agreement.

The Traxx locomotives offer a flexible design based on a robust, modular platform approach compatible with many applications (single or multi-country freight and passenger transport) and available in various configurations (AC, DC and multi-system). This product delivers increased operational performance and reliability with higher energy efficiency and extended maintenance intervals to improve its availability.

Alstom has been active in Romania for almost 30 years and is a market leader in railway electrification and signalling solutions. The company is responsible for implementing signalling or electrification solutions on the Rhine-Danube railway corridor as well as in the Cluj area, where the company is also part of the consortium building the second metro system in the country, in the city of Cluj Napoca. The first CBTC urban signalling solution in the country is under implementation by Alstom on Bucharest’s metro Line 5. The company has also been the provider of maintenance services for the Bucharest metro fleet for nearly 20 years, with an ongoing contract valid until 2036.

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.

OnFlight now Authorized Service Center for Embraer Executive Jets

January 10, 2024 / WIL BALDWIN

Cincinnati, Ohio, January 10, 2024 – OnFlight, Inc. (OnFlight) of Cincinnati, Ohio, announced today the milestone approval and authorization as an Embraer Authorized Service Center by Embraer Executive Jets. In this capacity, OnFlight further expands Embraer’s strategic network of MRO services focused on Embraer aircraft.

OnFlight, a Part 135 Charter Operator since 2000, has operated Embraer aircraft since 2011, with exclusive Embraer focus since 2016. With this announcement, OnFlight’s strategy further expands to include Part 145 Repair Station Operations dedicated entirely to Embraer aircraft. Operations are expected to commence early in Q1 2024 at the Cincinnati Lunken Airport.

Rocket Lab to launch space situational awareness mission

January 8, 2024 / WIL BALDWIN

Long Beach, California. January 08, 2024 – Rocket Lab USA, Inc. (Nasdaq: RKLB), a global leader in launch services and space systems, today announced it has set the launch window for its first mission of 2024.

The ‘Four of a Kind’ mission is scheduled to launch no earlier than January 18 between 19:15-20:00 NZT (January 18 between 06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand. The mission will deploy four Space Situational Awareness (SSA) satellites for Spire Global, Inc’s (Spire) customer NorthStarEarth & Space (NorthStar). NorthStar´s satellites, built and operated by Spire, will be the first to simultaneously monitor all near-Earth orbits from space, delivering a radically enhanced level of SSA services to the global satellite community, with timely and precise information for space object detection, tracking, orbit determination, collision avoidance, navigation, and proximity alerts.

As a secondary mission, Rocket Lab will be attempting to splash down and retrieve Electron’s first stage as part of the Company’s plan to evolve Electron into a reusable rocket. After launch and stage separation, Electron’s first stage will return to Earth under a parachute and splash down in the Pacific Ocean several hundred kilometers down range from Launch Complex 1. Rocket Lab’s recovery vessel will extract the stage from the water for transportation back to Rocket Lab’s production complex where it will undergo detailed analysis. Rocket Lab is not launching any pre-flown engines as part of this mission.

Forward-Looking Statements

Eve Air Mobility hosts customer advisory board

December 18, 2023 / WIL BALDWIN

Melbourne, Florida, December 18, 2023 – Eve Air Mobility (NYSE: EVEX) held its Customer Advisory Board meeting last week at its headquarters in Melbourne, Florida. Customers and partners from 12 companies and nearly every continent came together to discuss the aircraft, operations, ecosystem readiness and services and solutions.

Eve’s Customer Advisory Board includes a wide variety of operators including fixed-wing and rotorcraft operators and lessors, all with the objective of co-creating the Urban Air Mobility (UAM) ecosystem. The discussions included optional items and vehicle configuration and passenger cabin experience. In addition, attendees also received a program and product update from Eve´s leadership.

Eve also took the opportunity to highlight its worldwide sales and support network which includes a broad customer support infrastructure. Eve’s customers will also benefit from Embraer’s global service and support network which includes 10 existing services centers and 66 third-party service centers around the world.

Forward-Looking Statements

Airbus and BMW Group launch Quantum Computing Competition

December 6, 2023 / WIL BALDWIN

Santa Clara, California, December 6, 2023 – Airbus Group SE (Paris: AIR) and BMW Group (Xetra: BMWG) launch a global Quantum Computing Challenge entitled “The Quantum Mobility Quest” to tackle the most pressing challenges in aviation and automotive that have remained insurmountable for classical computers. This challenge is the first-of-its-kind, bringing together two global industry leaders to harness quantum technologies for real-world industrial applications, unlocking the potential to forge more efficient, sustainable and safer solutions for the future of transportation.

Quantum computing has the potential to significantly enhance computational power and to enable the most complex operations that challenge even today’s best computers. In particular, for data-driven industries like the transportation sector, this emerging technology could play a crucial role in simulating various industrial and operational processes, opening up opportunities to shape future mobility products and services.

Challenge candidates are invited to select one or more problem statements: improved aerodynamics design with quantum solvers, future automated mobility with quantum machine learning, more sustainable supply chain with quantum optimisation, and enhanced corrosion inhibition with quantum simulation. Additionally, candidates can put forward their own quantum technologies with the potential to develop native apps yet to be explored in the transportation sector.

The challenge is hosted by The Quantum Insider (TQI) and divided into two parts, a four-month phase where participants will develop a theoretical framework for one of the given statements, and a second phase during which selected finalists will implement and benchmark their solutions. Amazon Web Services (AWS) provides candidates with an opportunity to run their algorithms on their Amazon Braket quantum computing service.

A jury composed of world-leading quantum experts will team up with experts from Airbus, BMW Group, and AWS to evaluate submitted proposals and award one winning-team with a €30,000 prize in each of the five challenges, by the end of 2024.

Registration opens today, and submissions will be accepted from mid-January through April 30, 2024 here: www.thequantuminsider.com/quantum-challenge.

Forward-Looking Statements

Archives