Tag: wire (Page 1 of 5)

Hinterland Aviation picks Cessna Skycourier for fleet expansion

February 19, 2024 / WIL BALDWIN

Wichita, Kansas, January 19, 2024, Business Wire – Textron Aviation (NYSE: TXT) today announced a purchase agreement for the first Cessna SkyCourier passenger variant in Australia to regional airline Hinterland Aviation. The aircraft, expected to deliver in 2026, will add to Hinterland’s expansive fleet of Cessna Grand Caravans to provide a greater payload capacity and increased passenger seating. This fleet expansion will greatly benefit remote communities, as well as the tourism and business sectors in Queensland.

The Cessna SkyCourier is meticulously designed to deliver unparalleled performance, unwavering reliability and cost-effective maintenance. With the ability to be operated by a single pilot and a generous payload capacity, the SkyCourier is the ultimate solution for air freight, passenger and special mission needs. The aircraft is highly adaptable and can effortlessly adjust configurations to effectively complete any mission, ensuring a significant return on investment.

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 names avionics, flight controls and thermal management system suppliers

November 6, 2023 / WIL BALDWIN

Melbourne, Florida, November 6, 2023 – Eve Air Mobility (NYSE: EVEX) named three new suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Garmin (NYSE: GRMN), will supply the avionics for the aircraft while Liebherr-Aerospace will supply the flight controls actuators. Intergalactic will provide the thermal management system.

Garmin will supply the G3000 Integrated Flight Deck for Eve’s eVTOL which features large-format, light weight, high-resolution glass displays integrating seamlessly with Eve’s vehicle management and flight control systems. Tailored for the needs of eVTOL aircraft, the flight deck’s intuitive touchscreen interface reduces pilot workload by providing direct access to a full suite of avionics capabilities including an integrated flight management system, NAV/COM radios, transponder, audio management and access to a breadth of applications including checklists, charts, synoptics, and full-featured maps.

Liebherr will develop electromechanical actuators (EMA) for the fly-by-wire flight controls of Eve’s eVTOL. Liebherr is well known for their expertise in the manufacturing of precision gears and dependable actuation, crucial for this type of technology. The actuators will be powered by the aircraft’s electrical system and the technology will ensure high performance, configurability and easier maintenance.

Intergalactic will provide the thermal management system which will maintain an optimal temperature range for equipment including batteries and other electronic components. The system will also help ensure a comfortable temperature inside the cabin of the aircraft.

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.

Air Lease Corporation announces Boeing 737-8 aircraft lease placement with LOT Polish Airlines

November 2, 2023 / WIL BALDWIN

Los Angeles, California, November 1, 2023, Business Wire – Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Boeing 737-8 aircraft with LOT Polish Airlines. Both aircraft are scheduled to deliver to LOT in mid-2024, and will add to the 11 Boeing 737-8s and one 787-9 Dreamliner aircraft already on lease from ALC.

Forward-Looking Statements

JetBlue announces seasonal flights to Dublin and Edinburgh are now on sale

October 25, 2023 / WIL BALDWIN

New York, NY, October 25, 2023, Business Wire – JetBlue Airways Corporation (Nasdaq: JBLU) today announced entrance to two new transatlantic destinations – Dublin, Ireland and Edinburgh, Scotland – with flights on sale starting today. Daily seasonal service from New York’s John F. Kennedy International Airport (JFK) and Boston Logan International Airport (BOS) to Dublin Airport (DUB) will begin March 13, 2024, and continue through September 30, 2024. Daily seasonal service from New York’s JFK to Edinburgh Airport (EDI) will begin May 22, 2024, and is scheduled through September 30, 2024. These mark JetBlue’s fourth and fifth transatlantic markets. The award-winning carrier currently offers daily nonstop service to London, Paris and Amsterdam from New York and London and Amsterdam from Boston.

Entry into Dublin and Edinburgh

With these new destinations, JetBlue is once again elevating service across the Atlantic. The airline’s premium Mint experience features fully lie-flat private suites with a sliding door and innovative design elements allowing customers to feel at home in the air. Restaurant-style meals are curated by Delicious Hospitality Group’s (DHG) popular New York City restaurants Charlie Bird, Pasquale Jones and Legacy Records. Core customers enjoy a boutique-style experience with the most legroom in coach as well as fresh meals created by NYC-based restaurant DIG. All customers can stay connected with fast, free and unlimited high-speed Fly-Fi. Plus, they have access to a wide selection of entertainment, including exclusive content from Peacock.

Flights to Dublin and Edinburgh will operate daily on JetBlue’s Airbus A321neo with Mint® aircraft with 16 redesigned Mint Suite® seats, 144 core seats and the sleek and spacious Airspace cabin interior. The A321neo with Mint features a 20 percent increase in fuel efficiency and up to 500 nautical miles in additional range.

Beechcraft King Air 360 reaches 100th delivery

October 18, 2023 / WIL BALDWIN

Wichita, Kansas, Business Wire, October 18, 2023 – Textron Aviation today announced the delivery of the 100th Beechcraft King Air 360 turboprop to the Comprehensive Blood and Cancer Center (CBCC), a longtime Textron Aviation customer. This delivery further solidifies the Beechcraft King Air’s place as the world’s most popular family of business turboprop aircraft.

The Beechcraft King Air 360/360ER is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company.

Nearly 7,800 Beechcraft King Air turboprops have been delivered to customers around the world since 1964, making it the world’s best-selling business turboprop family. The worldwide fleet has surpassed 62 million flight hours in its 59 years, serving roles in all branches of the U.S. military and flying both commercial and special mission roles around the world.

Textron Aviation and NetJets sign fleet agreement for up to 1,500 Cessna Citation jets

September 20, 2023 / WIL BALDWIN

September 20, 2023, – NetJets named launch customer for the new Cessna Citation Ascend

Wichita, Kansas, Business Wire – Textron Aviation (NYSE: TXT) and NetJets, a Berkshire Hathaway (NYSE: BRKa) today announced a record-breaking fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years. This agreement extends NetJets’ existing fleet agreement, and includes options for an increasing number of aircraft each year, enabling NetJets to expand its fleet with Cessna Citation Ascend, Citation Latitude and Citation Longitude aircraft. Equally exciting is the announcement that NetJets has been named the fleet launch customer for Textron Aviation’s newest jet — the Citation Ascend. Deliveries of the Citation Ascend are expected to begin in 2025 when the aircraft, currently under development, is expected to enter into service.

Since the inception of the more than 40-year relationship between the companies, NetJets has taken delivery of more than 800 aircraft from Textron Aviation, including exercising over 300 options for Citation Latitudes and Longitudes during the past eight years. This enduring relationship equips discerning customers with class-leading, safe, and reliable aviation travel experiences worldwide. Through the years, NetJets has owned and operated industry-leading Citations including the Citation SII, V, Excel/XLS, Sovereign, X, Latitude and Longitude models.

The Citation series of business jets has evolved to offer an unmatched range of capabilities, systems and options that allow customers to expand their business reach. More than 30 Citation models have been certified over the 50-year history of the Citation line. There are currently six Citation models in production: Citation M2 Gen2,Citation CJ3+, Citation CJ4 Gen2, Citation XLS Gen2, Citation Latitude and Citation Longitude, with the Citation Ascend under development.

Air Lease Corporation announces Airbus A330-200 placement with HiSky

September 19, 2023 / WIL BALDWIN

Los Angeles, California, September 18, 2023, Business Wire – Today Air Lease Corporation (NYSE: AL) announced a long-term lease placement for one Airbus A330-200 aircraft with HiSky. Scheduled to deliver to the European carrier in 2023, this A330-200 aircraft joins one A319-100, four A320-200s and two A321-200neo LR aircraft currently on lease to HiSky from ALC.

“We are pleased to continue our support of HiSky Europe with the lease of this first widebody aircraft to the airline,” said David Beker, Senior Vice President, Marketing and Head of Aircraft Sales & Trading at Air Lease Corporation. “After two and a half years of steady and successful growth with their all-ALC narrowbody fleet, HiSky came to us ready to launch widebody operations and ALC is delighted to provide high-quality aircraft that will enable the carrier to realize their commercial objectives.”

“Over the past two years, we’ve experienced consistent growth that has brought us to this pivotal moment—the moment when we are prepared to acquire our first widebody aircraft. We’ve now become the fourth-largest air carrier at Romania’s primary airport and the largest operator of Airbus aircraft registered in Romania. Our partnership with ALC has undeniably proven to be a successful one. The aircraft they have provided us have been instrumental in helping HiSky achieve record-breaking passenger levels during this summer season. Having accomplished all the goals we set for ourselves over the years, we’re profoundly grateful for the trust and support of our partners as we embark on this exciting new venture,” said Iulian Scorpan, CEO of HiSky.

Forward-Looking Statements

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

August 22, 2023 / WIL BALDWIN

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.

JetBlue Announces Record and Payment Dates for Additional Prepayment to Spirit Stockholders of August 2023

August 15, 2023 / WIL BALDWIN

New York, NY, August 15, 2023 – (BUSINESS WIRE) – As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 the “Merger Agreement”, by and among JetBlue Airways Corporation (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (NYSE: SAVE), JetBlue has set August 25, 2023, as the record date for the August 2023 prepayment to Spirit stockholders of $0.10 per Spirit share (the “August 2023 Additional Prepayment”), with payment of the August 2023 Additional Prepayment to occur on August 31, 2023. Pursuant to the Merger Agreement, Spirit stockholders as of the August 25, 2023, record date will be entitled to receive the August 2023 Additional Prepayment.

JetBlue and Air Serbia Announce New Codeshare Agreement

August 7, 2023 / WIL BALDWIN

New York, N.Y., BUSINESS WIRE – JetBlue Airlines (NASDAQ: JBLU) and Air Serbia today announced a new partnership making Air Serbia-operated flights available on JetBlue.com with a new codeshare agreement.

Beginning July 26, 2023, JetBlue placed its “B6” airline code on Air Serbia-operated nonstop flights from New York’s John F. Kennedy International Airport (JFK) and Chicago’s O’Hare International Airport (ORD) to Belgrade’s Nikola Tesla Airport (BEG). Additionally, JetBlue plans on placing its “B6” code on other flights between Belgrade and points in Europe in the near future. Air Serbia plans to add their “JU” airline code to 25 destinations throughout the JetBlue network.

JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue carries customers to more than 100 destinations throughout the United States, Latin America, Caribbean, Canada, United Kingdom and France. For more information and the best fares, visit jetblue.com.

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