BAE Systems has acquired Malloy Aeronautics – a leading company in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Their range of uncrewed, heavy lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium range missions.
These platforms offer interchangeable capabilities and greater flexibility at a fraction of the cost and time of more traditional methods, whilst minimising risk to more expensive assets and human life. Malloy’s approximately 80 strong workforce will continue to operate from its site in Berkshire, supporting its existing customers. BAE Systems and Malloy, who have been working together in advancing cutting-edge UAS solutions since 2021, will further develop Malloy’s existing portfolio and accelerate new and novel technologies to customers worldwide.
BAE Systems and Malloy Aeronautics engineers have been collaborating to develop the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers.
Dubai, UAE, January 23, 2024 – Emirates has announced a fifth frequency on its Dubai – Rio de Janeiro route, starting on December 7, 2024. The additional weekly flight on Saturdays will provide increased capacity on its service to the Brazilian city and will support the growing demand for travel on the route. Additionally, the linked service allows travellers to conveniently travel onwards to the Argentinian capital city of Buenos Aires.
Emirates’ increase in capacity on its Dubai – Rio de Janeiro – Buenos Aires route will help the airline to meet market demand and offer customers greater flexibility, choice, and connectivity. With the fifth scheduled service, customers will now have more choice when selecting flights to suit their travel plans.
The additional weekly frequency between Dubai, Brazil and Argentina will operate as EK247 and EK248 in a 2-class configuration. Tickets can be booked immediately on emirates.com, the Emirates App, and travel agencies.
EK247 and EK248 is scheduled to operate with timings as follows (all times are local):
The airline’s boosted services to Brazil and Argentina are expected to facilitate additional connectivity for passengers travelling between these countries and other popular destinations in Emirates’ network including the UAE, Japan, Thailand, Maldives, Egypt, mainland China and Hong Kong, Turkey, South Korea, India, Australia and Indonesia. With Brazil and Argentina being home to the two largest Lebanese communities in Latin America, Emirates regularly serves customers travelling to and from Beirut. Furthermore, nationals of Brazil and Argentina can also enjoy the convenience of visa-free travel to Dubai, making it a popular destination for holidays and short stopovers.
Toulouse, France, January 11, 2024 – Leading Greek airline SKY express took delivery of an ATR 72‑600 in December 2023, as part of a firm order for two brand new aircraft from the IOGR group. This marks another important step in SKY express’ development, as the airline is growing its regional fleet from six to eight ATR 72-600 and six ATR -500 for a total of 14 ATR aircraft. The airline is planning further fleet modernisation in 2024.
Greek communities and tourists will both benefit from the reinforced connectivity across the region, as SKY express intends to offer additional flights each year, taking advantage from the aircraft family’s versatility, short runway capabilities, low operating costs and reduced CO2 emissions.
Sao Jose Dos Campos, Brazil, November 10, 2023 – The Embraer SA (NYSE: ERJ) most advanced jet aircraft the E195-E2, has received certification for Steep Approach into London City Airport from EASA (European Aviation Safety Agency). This achievement is a significant development, allowing airlines to operate the E195-E2 at London City Airport (LCY), known for its challenging approach and short runway. Together with the E190-E2, which received Steep Approach certification in 2021, both members of the E2 family are now approved for operations from LCY.
The certification process highlighted the E195-E2’s impressive noise reduction among new generation single-aisle aircraft. It surpasses the requirements of ICAO’s strict Chapter 14 regulation, thereby offering a significantly quieter flying experience compared to the previous E195 model. The E195-E2’s noise footprint at take-off is around 60% smaller than current jet aircraft, such as the E190, and will bring benefits to local residents in terms of noise reductions. The E195-E2’s environmental performance extends beyond noise reduction. The aircraft delivers reduced emissions and improved fuel efficiency compared to previous generation aircraft. In 2022, Embraer and Pratt & Whitney demonstrated a successful test flight of an E195-E2 aircraft using 100% Sustainable Aviation Fuel (SAF), which could push the emissions reduction up to 85% in future.
During a proving flight, the E195-E2 first landed at the airport in July 2022. LCY, London’s most central airport, caters to both business and leisure passengers, offering quick access to continental Europe, making it a preferred choice for short-haul flights. The airport is a vital component of London’s wider connectivity and Embraer aircraft are uniquely able to manage the challenges of LCY operations, with Embraer aircraft accounting for a large proportion of LCY operations on routes as diverse as Edinburgh and Mykonos. To serve LCY, aircraft must comply with the steep approach, short runway, and stringent noise regulations. The E195-E2 could replace the current E190 fleet that existing airlines currently operate at LCY.
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.
October 25, 2023 – Deutsche Lufthansa AG (Xetra: LHAG) newly established City Airlines will start flight operations in the summer of 2024. The airline was founded last year and received its Air Operator Certificate (AOC) from the German Federal Aviation Authority back in June. It will operate its flights from the Munich and Frankfurt hubs and thus also offer feeder flights for Lufthansa. City Airlines will operate alongside Lufthansa CityLine. Recruitment of operational staff will begin in November 2023, with pilots and cabin crew members needed for the launch.
The competitive strengthening of the short-haul network is essential for the market position of Lufthansa Group and for the planned growth of the long-haul segment in the German market.
In order to position City Airlines for the long term, English-speaking pilots are also being considered in the recruitment process for cockpit roles. Applicants with prior experience will be given preference during hiring. For Group employees interested in switching to City Airlines, offers with voluntary switching conditions can be negotiated. This includes Lufthansa CityLine staff in particular.
Talks with the social partners to agree on conditions for competitive and secure jobs have already begun.
Lufthansa customers and passengers can look forward to a Lufthansa customer experience on board City Airlines aircraft. While City Airlines will start operations with Airbus A319 aircraft, Lufthansa Group is currently also evaluating the possibility of using Airbus A220 or Embraer aircraft.
SMBC Aviation Capital Orders 25 Boeing 737 MAX Jets. (Boeing image)
Seattle, Washington, September 13, 2023, PRNewswire – Boeing [NYSE: BA] and SMBC Aviation Capital announced today the airplane lessor is ordering 25 737-8s. The new order increases SMBC’s backlog to 81 737 MAX jets focused on the market-leading 737-8.
With travel demand surging around the globe, lessors are looking to increase their single-aisle portfolios to provide airlines with more fuel-efficient jets capable of operating across various route networks.
The 737-8 provides flexibility across airline’s networks while reducing fuel use and emissions by up to 20% and on average. Each airplane will save up to 8 million pounds of CO2 emissions annually compared to those airplanes it replaces. Boeing has secured more than 400 737 MAX family orders in 2023.
The 737-8 seats 162 to 210 passengers depending on configuration with a range of 3,500 nautical miles and operates profitably on short- and medium-haul routes.
Boeing and Aviation Capital Group LLC (ACG) announced today that the airplane lessor has finalized an order for seven 737-8 and six 737-10 jets as ACG grows its single-aisle options to meet robust customer demand for the fuel-efficient 737 MAX airplane family.
Seattle, Washington, September 5, 2023 /PRNewswire/ – Boeing [NYSE: BA] and Aviation Capital Group LLC (ACG) announced today the airplane lessor has finalized an order for 13 737 MAX jets, increasing the lessor’s order book to 47 737 MAXs.
The new, incremental order includes seven 737-8 and six 737-10 jets as ACG grows its single-aisle options to meet robust customer demand for the fuel-efficient 737 MAX airplane family.
The 737 MAX family offers carriers enhanced efficiency and route flexibility for short- and medium-haul air travel, making it a valuable asset for airplane lessors such as ACG. Lessors have ordered more than 1,300 737 MAX jets.
The 737-8 can carry up to 210 passengers based on configuration with a range of 3,500 nautical miles, while the 737-10, the largest 737 MAX model, seats up to 230 passengers with a range of 3,100 nautical miles. Both variants reduce fuel use and carbon emissions by 20% compared to the airplanes they replace.
On average, each 737 MAX saves up to eight million pounds of CO2 emissions annually compared to the airplanes it replaces. The 737 MAX is a quieter airplane, with a 50% smaller noise footprint than the airplanes it replaces.
Toulouse, France August 25, 2023 – National flag carrier Air New Zealand (OTC: ANZLY) and world’s number one regional aircraft manufacturer ATR, today announced the signature of a firm order for two brand new ATR 72-600 plus options for two more. Deliveries are scheduled for the second half of 2024 and the beginning of 2025. Air New Zealand will then operate the fourth largest ATR fleet worldwide.
These additional aircraft will support the airline’s growth, further strengthening its network across New Zealand. The lowest-emission regional aircraft on the market, these brand new ATR’s will be equipped with PW127XT engines, delivering an additional 3% fuel burn reduction compared to previous engine version, enabling a 45% reduction in CO2 emissions compared to similar-size regional jets.
About Air New Zealand
Air New Zealand’s story started in 1940, first taking to the skies between Auckland and Sydney on a flying boat. Known for its warm Kiwi hospitality, today the airline has 104 operating aircraft ranging from Boeing 787-9 Dreamliners and Airbus A320’s to ATR’s and Q300’s. Air New Zealand has a well-connected domestic business, connecting customers and cargo to 20 different regions around New Zealand. Internationally, the airline has direct flights to major cities across Australia, Asia, the Pacific Islands and the U.S., and through its strong relationships with alliance partners, offers customers more choice and convenience to connect further afield to hundreds of destinations. Air New Zealand has a particular focus on sustainability and its Sustainability Framework helps guide the airline’s efforts in tackling some of New Zealand’s and the world’s most complex challenges.
Dallas, Texas, August 1, 2023 – Today, Southwest Airlines Co. (NYSE: LUV) launched a buy one, get one 50% off base fares promotional offer. This exciting offer is valid for only a short time—now through Aug. 3, 2023, and Customers can book their upcoming August and September travel and even save on a future trip to kick off 2024.1
“We’re so grateful for the loyalty our Customers share with Southwest every day and we know they’re ready to make some travel plans in 2024,” said Jonathan Clarkson, Vice President of Marketing at Southwest Airlines. “This extra discount on our already low fares enhances the value of our frequent flights, flexible policies, and the unmatched friendliness of our People. We hope it underscores our gratitude for the relationship between Southwest and those who choose to fly with us.”
To qualify, Rapid Rewards® Members must:1
Register for the promotion and purchase a Southwest® revenue flight (one round trip or two one-ways), starting today through Aug. 3, 2023; and
Travel by Sept. 30, 2023.
To use the promotion code Members must:2
Book new travel using the 50% off promotion code beginning Oct. 17, 2023, through Nov. 23, 2023; and
Travel Jan. 8 2024, through March 6, 2024. (Travel blacked out Feb. 15, 2024, through Feb. 19, 2024; Feb. 23, 2024, through Feb. 25, 2024; and March 3, 2024.)3
Visit Southwest.com® for the full list of terms and conditions.1
Jacksonville, Florida – July 12, 2023 – CSX Corporation (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on September 15, 2023, to shareholders of record at the close of business on August 31, 2023.
About CSX and its Disclosures
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com.
