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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.

Click the link below to read the full story!

Las Vegas Sands CEO sells company stock

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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Hinterland Aviation picks Cessna Skycourier for fleet expansion

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.

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Southwest Airlines expand technical operations facility In Phoenix

Dallas, Texas, February, 2024Southwest Airlines Co. (NYSE: LUV) is celebrating the completion of a multi-year, $100 million project, which nearly doubles the size of the airline’s maintenance hangar at Phoenix Sky Harbor. The 90,000-square foot expansion adds three new aircraft bays to the facility, allowing the airline to work on up to five aircraft simultaneously and brings more maintenance shops to support the nearly 500 Southwest® Technical Operations Employees based at Sky Harbor. The project also included a larger facility for members of the airline’s Provisioning and Ground Support Equipment Maintenance Teams that opened in 2020.

The expanded hangar has also achieved Leadership in Energy and Environmental Design (LEED) Silver certification. The expansion incorporated sustainable design features including the use of recycled content in over 30% of the building materials; the installation of high-reflectance roof and surrounding paving materials to reduce heat island effect; and the selection of building products from manufacturers with verified environmental performance.

Southwest Airlines® first opened a Technical Operations base at Sky Harbor in 1986. In 1993, the airline moved into a new maintenance hangar facility to support its growth throughout the western half of the United States. Today, the carrier’s Phoenix-based Technical Operations Teams accept new aircraft deliveries to prepare them to enter revenue service and maintain aircraft as part of daily and scheduled maintenance programs.

In addition to Phoenix, Southwest operates hangar facilities in Atlanta, Chicago (Midway), Dallas (Love Field), Denver, Houston (Hobby), and Orlando. Construction is underway on a new hangar facility at Baltimore/Washington International Airport, which is anticipated to open in 2025.

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

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

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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Lockheed Martin delivers 75th APY-9 radar for E-2D Advanced Hawkeye

Syracuse, New York, January 29, 2024 – Lockheed Martin Corporation (NYSE: LMT), under contract to Northrop Grumman for the U.S. Navy’s E-2D Advanced Hawkeye, has delivered the 75th APY-9 radar that provides the U.S. Navy with information dominance through revolutionary sensor capability. More Hawkeyes have been built and delivered than any other AEW platform in the world.

The newest Advanced Hawkeye variant is at the forefront of technological capability, due in large part to Lockheed Martin’s APY-9 radar. The Northrop Grumman-built E-2 has come to be known as the U.S. Navy’s “eyes of the fleet” because of its ability to simultaneously watch over air, land and sea. Any time a Navy carrier has aircraft airborne, there is an APY-9 radar at work, guarding the United States and its allies.

On Time and On Task

The U.S. Navy has funded 80 out of 86 aircraft in the current program of record. Japan has purchased 18 E-2D Hawkeyes and France has purchased three. With U.S. and international demand, the APY-9 is expected to be in production into the late 2020’s, and in modernization and sustainment well into the 2040’s.

Click the link below to read the full press release!

Lockheed Martin APY-9 Radar

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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Eve announces list of eVTOL suppliers

Melbourne, Florida, January 29, 2024 – Eve Air Mobility (NYSE: EVEX) has named four additional suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Thales will supply a proven air data solution, comprising sensors and a computer while Honeywell (NYSE: HON) will supply guidance, navigation and external lighting for the aircraft. RECARO Aircraft Seating will supply the eVTOL’s seats and FACC will supply the horizontal and vertical tail including the rudder and elevator.

Honeywell will supply guidance and navigation products including magnetometers, GPS-aided attitude & heading reference systems, and inertial reference systems built upon decades of engineering and manufacturing experience. These systems will relay and aid the pilots and other onboard systems to ensure safe and efficient flight.  The company will also supply external lighting for the aircraft.

Thales will supply a proven air data solution, comprising sensors and computer, which gather critical data such as airspeed, altitude and environmental conditions. The solution then relays the information to pilots and onboard systems to ensure safe and efficient flight in all weather conditions.

RECARO Aircraft Seating, a global supplier of premium aircraft seats for airlines, OEMs and eVTOL aircraft, was selected to design, certify and produce the four passenger seats and one pilot seat for the aircraft. RECARO is widely recognized for product innovation, award-winning customer service and commitment to reliability, efficiency and sustainable practices.

FACC was selected to lead the development and production of the eVTOL’s horizontal and vertical tail including its rudder, elevator and the aircraft’s aileron.  FACC is recognized for its production of lightweight components relying on innovative manufacturing techniques and technology.

These new suppliers are in addition to Garmin (NYSE: GRMN), Liebherr Aerospace and Intergalactic that were announced in October and Nidec Aerospace LLC, a joint venture between Japan’s Nidec Corporation and Brazil’s Embraer SA (B3: EMBR3), BAE Systems PLC (London: BAES) and DUC Hélices Propellers which were announced at the Paris Air Show this past summer.

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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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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Embraer delivers Ipanema agricultural airplane number 1,600

Botucatu, Brazil, January 15, 2024 — Embraer SA (ADR-NYSE: ERJ) Agricultural Aviation Division delivered 65 Ipanema airplanes in 2023, an increase of 18% compared to the previous year. As a result, in December, the company reached the milestone of 1,600 units produced and delivered over the aircraft’s five decades of uninterrupted production.

Since the launch of the new version of the EMB-203 model in 2020, the company has seen continuous growth in sales and plans to increase production to 70 planes this year.

As the leader in the Brazilian aerial applications market, the Ipanema brings innovations and improvements that increase robustness with low operating costs and carbon emissions. The Ipanema is the only agricultural airplane certified and produced in series to fly on ethanol, a renewable energy source that provides increased power to the aircraft’s engine.

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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Signia by Hilton debuts flagship downtown Atlanta hotel

Atlanta, Georgia – Hilton Worldwide Holdings Inc. (NYSE: HLT) announced the highly anticipated opening of the 976-room Signia by Hilton Atlanta, marking the first new build and Georgia hotel for the Signia by Hilton brand, and Atlanta’s largest ground-up hotel development project in 40 years. Inclusive of the property’s debut, Atlanta represents Hilton’s largest market globally by number of hotels with a portfolio of 136 hotels across 13 brands welcoming travelers to the destination. In Atlanta, Hilton also has a pipeline of more than 40 hotels in various stages of design and construction.

Poised to become a signature landmark and economic catalyst on the city’s west side, Signia by Hilton Atlanta is owned by Georgia World Congress Center Authority (GWCCA) and forms part of the Authority’s Championship Campus, North America’s largest combined convention, sports, and entertainment destination, which also includes Georgia World Congress Center, Mercedes-Benz Stadium and Centennial Olympic Park. Built on the repurposed foundation of the Georgia Dome, the hotel features eight food and beverage experiences; a spa, beauty bar, rooftop pool and fitness center; more than 100,000 square feet of flexible meeting space, including the largest hotel ballroom in Georgia; a grand outdoor event deck and lawn; and Club Signia.

Signia by Hilton Atlanta was developed by Boston-based Drew Company, with Gensler as the architect and interior designer, and a joint venture between Skanska and SG Contracting as the general contractor. As the tallest building on the west side of Atlanta, the 42-story, 1.25 million square foot property is enveloped in wall-to-wall glass, offering panoramic views of downtown Atlanta, an inspiring and curated art collection, and inviting spaces.

All guest rooms at Signia by Hilton Atlanta offer spectacular floor-to-ceiling windows with panoramic views and reflect the warmth and refinement of Southern luxury, featuring a combination of earth toned-fabrics, rich wood and rattan textures, and brass finishes. The colors and materials are inspired by the building’s unique location in the city, paying homage to some of the most historically important and culturally significant neighborhoods in Atlanta. Shades of amber, deep brown, soft beige, and slate blue evoke a subtle sophistication, while black and metallic details bring an understated modern twist. Together, these design elements invite guests to celebrate the distinguished style of Southern hospitality through a timeless look that is both stylish and functional.

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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Skunk Works® Rolls Out X-59, NASA’s Newest X-Plane

Palmdale, California, January 12, 2024, PRNewswire – Lockheed Martin Skunk Works® (NYSE: LMT) rolled out the X-59, a unique experimental aircraft designed to quiet the sonic boom, at a ceremony in Palmdale, California. The ceremony marked a significant milestone in Lockheed Martin’s and NASA’s decades-long journey to solve one of the most persistent challenges of supersonic flight, the sonic boom.

Rollout ceremonies are a long-standing aviation tradition, and in the case of the X-59, it celebrated technical advancements, collaboration and innovation that stemmed from years of research, development and production of a one-of-a-kind technology demonstrator aircraft that will reduce the loudness of sonic booms to a gentle thump.

Next, the aircraft will complete ground tests including engine-run and taxi tests before its next major milestone, first flight, later this year. After the aircraft is validated in initial flight tests, it will move into the acoustic testing phase. This phase will include flights over populated areas to provide U.S. and international regulators with statistically valid data required to help approve new rules that could allow quiet commercial supersonic flight over land. This would cut commercial flight times to half of what they are today, transforming travel for people around the world.

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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