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Las Vegas Sands CEO sells over $5.2 million in company stock

Image from Las Vegas Sands Corp.

Las Vegas Sands Corp. (NYSE: LVS) CEO and Chairman, Robert G. Goldstein, has sold 100,000 shares of the company’s common stock, according to a recent SEC filing. The transaction, which took place on March 15, 2024, amounted to over $5.2 million, with shares sold at a weighted average price of $52.06.

The sales were executed in multiple transactions with prices ranging between $52 and $52.26. Post-transaction, Goldstein still holds 172,801 shares indirectly through The Robert and Sheryl Goldstein Trust, signifying a continued stake in the company’s future.

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Las Vegas Sands CEO sells company stock

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Akiem orders 15 locomotives from Siemens increasing fleet to 100 Vectrons

Akiem, a leading European rolling stock leasing company, has ordered an additional 15 Siemens (OTC: SIEGY) Vectron AC and Vectron MS locomotives from Siemens Mobility. The order was placed as part of a framework agreement for the purchase of locomotives that was signed in December 2021. Locomotives from this new call will be delivered between 2025 and 2027. Akiem previously ordered 20 Vectron locomotives from Siemens Mobility in December 2021 and an additional 65 units last August.

The ordered locomotives have a maximum power of 6.4 megawatts and can be delivered with a top speed of either 160 or 200 km/h. They can be used for cross-border freight transport as well as fast passenger service in a number of European countries.

To date, Siemens Mobility has sold more than 1,800 Vectron locomotives to 66 customers in 16 countries, and the fleet has covered over 750 million kilometers in service. Locomotives based on the Vectron platform have been approved for operation in 20 European countries.

American Airlines to Expand Embraer Fleet

São José dos Campos, Brazil, February 15, 2022 – American Airlines has signed a firm order with Embraer (NYSE: ERJ) for three new E175s. The aircraft will be operated by American’s wholly owned subsidiary, Envoy Air. With deliveries to be completed this year, Envoy’s fleet of E175s will grow to over 100 aircraft by the end of 2022. The contract value is USD 160.2 million at current list prices and will be included in Embraer’s 2021 fourth quarter backlog.

“Reaching the century mark of 100 E175s with American Airlines and Envoy is truly a moment to savor. We thank American Airlines and Envoy for their sustained partnership with Embraer, which began back in 1998,” said Mark Neely, Vice President Sales and Marketing for The Americas, Embraer Commercial Aviation. “It’s hard to exaggerate the impact this hardworking aircraft has every day, delivering essential connectivity across the US market. The E175 is the backbone of the US regional network, with over 600 aircraft sold, and 86% market share since 2013.”

“Our incredible journey with Embraer began almost 25 years ago with the ERJ 145. Our partnership continues to grow today with the E175s, the core of our fleet. Not only are our customers happy with the aircraft, but the jet’s outstanding performance has allowed us to continue to provide excellent service to American Airlines,” said Pedro Fábregas, President & CEO of Envoy. “We look forward to receiving these three new aircraft later this year as we continue to expand our growing network.”

Southwest Airlines Commemorative History Book Celebrates its 50th Anniversary

DALLAS, TEXAS, December 2, 2021  Southwest Airlines Company (NYSE: LUV) is wrapping up its milestone 50th Anniversary year by releasing a one-of-a-kind commemorative history book, “50 Years. One Heart. A History of Southwest in 50 Objects.”

Starting today, Southwest® fans can purchase this unique coffee-table book, which brings to life the Company’s colorful history, its corporate archives, and reflection of its People through photographs and moments from the carrier’s rich past, exclusively sold at Southwest® The Store. This special book also represents the exciting culmination of 50 years’ worth of iconic stories as Southwest Airlines® closes out its first five decades.

“Throughout our 50th Anniversary year, we’ve reflected on the past—the People, stories, and moments that defined our first half-century,” said Gary Kelly, Chairman of the Board and Chief Executive Officer for Southwest Airlines. “This commemorative history book celebrates our unique past and Culture, and serves as an inspiration as we close one chapter of our Company history and turn the page to our next chapter, filled with hope and resilience.” 

Southwest is celebrating its incredible first 50 years by showcasing a stunning collection of 50 unique objects, outfits, and artifacts (photographed by Southwest Sr. Photographer Stephen M. Keller and Southwest Sr. Designer Brianna Juda), accompanied by short stories from the Company’s inspiring history and a special foreword by Kelly as he prepares to transition into his role as Executive Chairman of the Board of Directors in early 2022.

This is the first of two special books launching in celebration of Southwest’s 50th year of service—more information coming on the second book in early 2022.

Alstom Successfully Commissioned First Seven Freight Locomotives in Azerbaijan

Alstom has successfully commissioned the first 7 Prima T8 AZ8A freight locomotives to Azerbaijan Railways (ADY). These locomotives will run on the main freight transit line, which has recently been converted from 3 kV DC to 25 kV AC.

The Prima T8 AZ8A locomotives will be running initially on the “Silk Road” East-West corridor of Azerbaijan linking the Caspian Sea main ports to the Georgian border and later all across the country.

In 2014, ADY signed a contract with Alstom for €288 million for supplying 50 electric locomotives, including 40 Prima T8 AZ8A heavy freight locomotives which are being produced at Alstom’s JV EKZ in Nur-Sultan, Kazakhstan and 10 Prima M4 AZ4A passenger locomotives which have been produced in Belfort, France and already delivered to Azerbaijan.

Alstom’s Prima T8 is one of the most powerful electric locomotives in the world. This model is a 25 tons per axle two-section freight locomotive capable of towing up to 9,000 tons and running at 120 km/h, with installed continuous power of 8.8 Megawatts. The Prima T8 AZ8A is designed to operate in temperatures ranging from -25°C to 50°C. It requires minimum maintenance and provides high reliability levels and low lifecycle costs thanks to its modular design.

Alstom’s Prima range is covering all market segments of locomotives from heavy-haul, freight and passenger operation and shunting or track work operation. Over the past 20 years, more than 3,200 Prima locomotives (more than 4,600 sections) have been sold worldwide.

Alstom is present in Western & Central Asia with more than 1,000 people, three country offices in Kazakhstan, Azerbaijan and Uzbekistan, five depots, repair center and two plants, EKZ in Nur-Sultan for electric locomotives manufacturing and maintenance and production of on-board transformers, and KEP in Almaty to produce point machines. Alstom is a major contributor to the revitalization of the region’s mobility industry and the development of its economy. 

EKZ, a joint venture of Alstom, employs around 850 people and is working on supplying and maintaining the Prima electric locomotives ordered by KTZ, Kazakhstan’s national railway company and export markets, like Azerbaijan.

Embraer Announces 19 New Orders for Ipanema Agricultural Aircraft

Botucatu – São Paulo, March 3, 2021 – Embraer (NYSE: ERJ) today announced that its agricultural aviation division has sold 19 EMB-203 Ipanema single-seat aircraft in February, totaling 27 aircraft sold this year. This sales volume in the first two months of 2021 is already 8% higher than what was negotiated throughout 2020.

The second consecutive month of high sales reflects the favorable performance of the Brazilian agribusiness and the technological innovations incorporated in the new version of the Ipanema aircraft. Agricultural crop dusting services has been leading the market demand this year.

Although the demand for Ipanema remains more intense in the Midwest, the main agricultural hub in Brazil, the pace of sales this year has also been increasing in other regions in the country.

With almost 1,500 units delivered, Ipanema is the leader in the agricultural segment with a 60% share of the national market. Its role in precision agriculture combines high technology and continuously evolves to meet the requirements of high productivity and low operating cost.

The Ipanema 203, the most updated model in the series, has incorporated multiple improvements such new wing parts with different geometry and more resistant stainless steel material. This solution postpones eventual wear and tear from the severe natural condition of field operations and maintenance expenses over the years. The advanced aerial sprayer also has a new design on the engine hood, with new air outlet grilles to ensure greater cooling.

Dassault Aviation Receives Order for 12 Rafales for French Air and Space Force

Eric Trappier, Chairman and CEO of Dassault Aviation, has signed a contract for the sale of 12 Rafale aircraft with Florence Parly, French Minister of the Armed Forces. These aircraft will replace the 12 Rafales of the French Air and Space Force (FASF) sold to the Hellenic Air Force.

The contract was signed during a visit by the French Minister of the Armed Forces to the Argonay plant in Haute-Savoie which has produced the flight control systems for all Dassault aircraft since 1963.

Dassault Aviation and its industrial partners would like to thank the French Ministry of the Armed Forces, the French defense procurement agency DGA and the Armed Forces for their renewed confidence.

“This contract for 12 new aircraft will enable our Air and Space Force to continue the Rafale build-up while awaiting the fifth tranche, which is scheduled for delivery between 2027 and 2030. The contract is a great satisfaction for Dassault Aviation, Thales, Safran and the 500 French companies involved in the program, in the particularly difficult conditions facing our aeronautics sector in the context of the Covid crisis“, said Eric Trappier.

Eric Trappier, Florence Parly, General Philippe Lavigne (Chief of Staff of the French Air and Space Force) and Guilhem Reboul (representing the French Defense Procurement Agency).

Airbus Adds More Deliveries, Breaks 3 Month Order Drought

PARIS (Reuters) – Airbus delivered 49 aircraft in July, up from 36 in June as it continues to recover from a slump in deliveries during this year’s coronavirus lockdowns, the company said on Thursday.

The aircraft were all narrow-body jets, highlighting a dearth of demand for the industry’s biggest models, which last month prompted Airbus to trim A350 production for a second time.

The month’s deliveries included 47 A320neo-family jets.

Airbus also scored its first orders in three months as it sold two A320neos to an undisclosed customer and two A321neos to Lufthansa Technik, the modification and repairs business of German carrier Lufthansa <LHA.DE>.

So far in 2020, Airbus has delivered 245 jets and sold 369, or 302 after cancellations.

Demand for aircraft has been crippled by the coronavirus crisis and its heavy impact on air travel.

Airbus is boosting deliveries on a monthly basis despite the industry’s worst crisis as it negotiates deals with airlines.

But although deliveries are rising compared to the trough seen in April, several bankers and analysts have questioned how many of the aircraft are being placed into service as airlines struggle to save cash. Some are said to go straight to storage.

Airbus has issued default notices and threatened to sue airlines that refuse to collect planes already built while showing flexibility in deferring jets not yet in the factory.

(Reporting by Tim Hepher; Editing by Keith Weir)

An Airbus A320neo aircraft is pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse, France

GM to Revive Hummer Name with Electric Pickups, SUV’s

Workers leave the General Motors CAMI car assembly plant where the GMC Terrain and Chevrolet Equinox are built in Ingersoll

WASHINGTON (Reuters) – General Motors Co <GM> will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star LeBron James, two people briefed on the matter said on Friday.

The vehicles will be sold under the GMC nameplate. Reuters reported in October that GM planned to build a new family of premium electric pickup trucks at its Detroit-Hamtramck plant beginning in late 2021 and was considering reviving the Hummer name, citing several people familiar with the plans.

The Wall Street Journal reported GM’s decision to move forward earlier on Friday. GM declined to comment.

The electric truck and SUV program is the centerpiece of a planned $3 billion investment in the Detroit-Hamtramck plant to make electric trucks and vans, and part of a broader $7.7 billion (5.9 billion pounds) investment in GM’s U.S. plants over the next four years that was part of a new contract signed with the United Auto Workers union last year.

The investment moves the automaker into a part of the EV market that is largely untested and where GM has a higher likelihood of turning a profit, analysts said.

Reuters reported GM plans to first build EV pickups in late 2021 and then an electric SUV in 2023.

Tesla <TSLA> CEO Elon Musk in November unveiled an electric pickup called “Cybertruck” it plans to build starting in late 2021.

Rivian, a start-up electric company backed by Amazon.com <AMZN>, will begin building 100,000 electric delivery vans for Amazon starting in 2021.

Hummers were rugged civilian utility vehicles with low gas mileage that were inspired by military vehicles and were popular with such celebrities as actor Arnold Schwarzenegger but derided by environmentalists as gas-guzzlers. GM shut down its Hummer brand after a deal to sell the SUV-line to an obscure Chinese machinery maker was blocked by Chinese regulators in 2010.

Michael Harley, executive editor for Kelley Blue Book, noted “the original Hummer was ostracized out of showrooms for being heavy and ponderous with an insatiable appetite for gasoline. An all-electric powertrain essentially exonerates the truck on all charges.”

Electric pickups and SUVs – the heart of the U.S. market – could help Ford Motor Co <F> and GM generate significant sales of EVs needed to meet tougher California emission standards and electric vehicle mandates.

The Trump administration is moving to roll back those standards – and eliminate extra credits that automakers receive from EV sales but electric trucks are a hedge if California prevails.

(Reporting by David Shepardson; Editing by Sandra Maler and Alistair Bell)

Brazilian Airline GOL Says Delta Air Exits Stake

PRYCBK Delta airlines airplane preparing for landing in the blue sky at day time in international airport

Dec 11 (Reuters) – Brazil’s GOL Linhas Aereas Inteligentes SA said late Tuesday that Delta Air lines Inc has sold more than 32.9 million shares it held in the company, a few months after the Atlanta-based airline announced its decision to exit stake.

Delta’s decision to sell its stake was expected, following its acquisition of a 20% stake in GOL competitor LATAM Airlines Group SA for $1.9 billion in September.

Delta did not immediately respond to Reuters’ request for comment.

The deal with LATAM Airlines was Delta’s largest since it merged with Northwest Airlines a decade ago, and ended the Chilean carrier’s ties with American Airlines Group.

Delta’s deal with Latin America’s largest carrier would give it a bigger footprint in the region, where American Airlines has been leading the charts.

American Airlines confirmed in October it was negotiating a possible partnership with GOL, after a newspaper reported that the two companies were in contact the same day that Delta bought its stake in LATAM.

The structure or content of any potential partnership was unclear, Brazil’s Valor Economico said at the time.

(Reporting by Bhargav Acharya in Bengaluru, Editing by Sherry Jacob-Phillips)

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