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Akasa Air orders 150 more Boeing 737 MAX aircraft

Hyderabad, India, January 18, 2024 – Boeing (NYSE: BA) and Akasa Air announced today the Indian carrier has placed a follow-on 737 MAX order, confirming 150 more fuel-efficient jets in its order book. The purchase of 737-10 airplanes and additional 737-8-200 jets by India’s all-737 operator was revealed at the Wings India 2024 airshow.

Akasa Air will leverage the 737 MAX family to expand its domestic and international network in the coming years. Since launching operations in 2022, the airline has captured approximately 4% of India’s domestic market, serving 18 destinations with a fleet of 22 737 MAX jets. Both 737 MAX variants will provide Akasa Air with added capacity and range on new and existing routes, while reducing fuel use and carbon emissions by 20% compared to older-generation airplanes.

As Akasa Air looks to expand its network in India and South Asia, Boeing’s 2023 Commercial Market outlook forecasts delivery of 2,705 new commercial airplanes over the next 20 years for the region, of which nearly 90% will be single-aisle jets. This order finalized in December 2023 and was unidentified on the Boeing Orders & Deliveries website.

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.

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

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

 

 

 

 

 

 

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

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.

Lockheed Martin Next Generation Interceptor Completes All Design Reviews At Accelerated Pace

Huntsville, Alabama, August 7, 2023 (PRNewswire) – Lockheed Martin (NYSE: LMT) successfully validated designs for all elements of the nation’s Next Generation Interceptor (NGI) with the U.S. Missile Defense Agency (MDA).

Through a series of successful and on-schedule Preliminary Design Reviews (PDRs) of all NGI major subsystems, the company demonstrated it has achieved design maturity and reduced risk for critical technologies. NGI is the future of the MDA’s Ground-Based Missile Defense (GMD) system to protect the U.S. homeland against intercontinental ballistic missile threats from rogue nations.

Lockheed Martin is demonstrating engineering work that has been performed in the integrated digital tool chain to drive faster decision making, enhance security, and enable rapid delivery and agility. This approach emphasizes affordability across the program lifecycle. Lockheed Martin’s NGI solution will increase warfighter capability, providing an improved defensive solution to address the complex battlespace now and in the future.

Lockheed Martin’s NGI program is on track for its next major review, the All Up Round PDR. During this next major review, MDA will assess if the program is ready to move forward in the acquisition process through Knowledge Point number one and ultimately on to the Critical Design Review. The first Lockheed Martin NGI is forecast for delivery to the warfighter as early as FY2027.

For additional information, visit our website: www.lockheedmartin.com.

Mesa Air Group Announces Third Quarter 2023 Earnings Release and Conference Call Date

Phoenix, Arizona, August 07, 2023 (GLOBE NEWSWIRE) – Mesa Air Group, Inc. (NASDAQ: MESA) will release its third quarter earnings results for fiscal year 2023 after the market closes on Wednesday, August 9th. The company will also host a conference call to discuss the results on August 9th at 4:30 pm Eastern Time.

The call can be accessed by dialing 800-857-9792 and entering the passcode: PHOENIX (7463649).

There will also be a listen-only webcast on Mesa’s website (found here). A recorded version will be available on Mesa’s website approximately two hours after the call (http://investor.mesa-air.com).

About Mesa Air Group, Inc.

Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled passenger service to 89 cities in 40 states, the District of Columbia, the Bahamas, Canada, Cuba, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. As of June 30, 2023, Mesa operated a fleet of 80 aircraft with approximately 277 daily departures and four 737 cargo aircraft. The Company had approximately 2,300 employees. Mesa operates all its flights as either United Express or DHL Express flights pursuant to the terms of a capacity purchase agreement entered into with United Airlines, Inc. and a flight service agreement with DHL.

Flair Airlines Launches Edmonton to Quebec City Route

EDMONTON, July 10, 2023 – Today, Flair Airlines, Canada’s everyday low-fare airline, kicked off its inaugural flight from Edmonton to Quebec City connecting the two cities together through direct flights for the first time ever. Flights will run twice weekly on Mondays and Fridays.

“We are excited to launch the first ever direct flight connecting Edmonton and Quebec City,” said Garth Lund, Chief Commercial Officer at Flair Airlines. “We look forward to offering Edmontonians more choice and affordable travel options as well as continuing our relationship with the Edmonton International Airport.”

One-way fares from Edmonton to Quebec City begin at $59 plus taxes and fees. All routes can be booked on the https://www.flyflair.com/ website.

Ryanair Launches Seat Sale To Top Winter Sun Destinations

80,000 Seats, Fares From Just £9.99, Over 530 Routes

Ryanair (LSE: RYA.L), Europe’s No. 1 airline, today (5th Oct) launched a sizzling Winter Sun seat sale, with over 530 routes to choose from across the Ryanair network. With fares available from just £9.99 across 80,000 seats this November and December, it’s the perfect time to bag a bargain sunny getaway to the beach this winter.

British families, friends and couples can choose from a range of favourite winter sun destinations this November and December from only £9.99. To avail of these great low fares, customers must act fast and visit the Ryanair.com website to book their flights before midnight, 14th November 2021.

Top destinations for Irish winter sunseekers include: 

  • Faro: Renowned for its stunning coastline, dream golf courses, wellness retreats and dreamy beaches – not to mention delicious seafood within its quaint fishing villages – the Algarve is a firm year-round favourite, with Irish holidaymakers returning to the likes of Albufeira, Faro, Quinta do Lago, Lagos and Vilamoura year after year. Winter temperatures remain around 18°/ 20°- making it the perfect escape from the Irish winter and ideal for visiting with young children.
  • Lanzarote: Known for its year round warm weather – this gem is a must-visit winter destination with an array of popular destinations including Puerto Del Carmen, Costa Teguise and Playa Blanca. Visit Timanfaya National Park or enjoy activities in Playa de Papagayo – an untouched beach with crystal clear waters – perfect for snorkelling, diving or just soaking up the sun with family and friends this winter.
  • Malaga: A winter visit to Spain’s south coast is always a good idea. Perfectly encapsulating the traditions of Spain with its gothic architecture, small winding streets and a wonderful foodie culture – Malaga is a must-visit. With winter temperatures averaging 18° / 19°- visitors can expect to enjoy delicious authentic tapas and seafood al fresco on a sunny afternoon.
  • Tenerife: Renowned for its diverse volcanic landscapes, pine forests and green valleys with stunning views across numerous hiking routes and winter temperatures of 21° – Tenerife is the perfect winter getaway for family and friends looking to explore the volcanic areas on the slopes of the highest peak in Spain or relax and take in the sun on one of the many beaches on the island.

Falcon Support AIN and Pro Pilot Rankings

Aviation International News (AIN) and Pro Pilot magazines recently released the results of their annual customer support surveys for 2021 for the business jet industry.

For the third consecutive year, Dassault (OTC: DASTY) Aviation was ranked “top” in the AIN survey.

Its industry leading “overall average” score was 8.7 (the highest for any company in the history of the survey), up from 8.3 in 2020. Dassault took top scores in parts availability, parts cost, AOG response, warranty fulfillment, technical manuals, and technical representatives. The company also earned a 9.2 mark for overall aircraft reliability.

Click on the link below to visit the Dassault Falcon Website!

https://www.dassaultfalcon.com/en/Pages/Home.aspx

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