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Saudia transports 30 million guests in 2023

Jeddah – Saudia, the national flag carrier of Saudi Arabia, has continued its transformation in 2023 with the transportation of over 30 million guests, which marks a 21% increase compared to the previous year, and the operation of more than 176.3 thousand flights, demonstrating a 4% increase. While transit flights witnessed a growth of 77% in 2023 compared to the year 2019.

These accomplishments are a result of Saudia’s strategic enhancements to its operational model, which focused on increasing seat capacity and flights frequency while fostering operational efficiency to achieve an overall on-time performance of 86.44% in 2023 which is among the top 10 globally.

Internationally, Saudia has played a pivotal role in connecting the world to the Kingdom by transporting over 16.7 million passengers through its international flight network, marking a substantial 36% increase. The airline operated more than 79.4 thousand international flights, marking a 19% increase compared to the previous year. Saudia has also registered a 26% increase in flight hours with 382 thousand flight hours in 2023.

Domestically, Saudia continued to serve the Kingdom by transporting over 13.5 million passengers, showcasing a 7% growth compared to previous year. Moreover, 55% of the total flights operated, totaling 96.9 thousand flights, were dedicated to the domestic destinations, accumulating 163 thousand flight hours.

Saudia has also inaugurated operations to the Red Sea International Airport in 2023, alongside the launch of several international stations including Beijing, China, Birmingham, UK, and Johannesburg, South Africa, reinforcing its commitment to expanding its global reach across various continents.

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Joby to install first electric air taxi charger in New York City region

Santa Cruz, CA, Jan 23, 2024 — Joby Aviation, Inc. (NYSE: JOBY), a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has signed a definitive agreement with Helo Holdings, Inc., (“HHI”), to install the first air taxi charger in the greater New York City region at the company’s heliport in Kearny, New Jersey, located just a two minute flight from Manhattan.

The agreement, which provides Joby with an operational base for its electric air taxi in the NYC region, builds on the partnership already established between Joby and HHI in November 2023, when Kearny served as a temporary home base for Joby’s aircraft. Joby completed several flights at Kearny in preparation for the Company’s exhibition flight in New York City at an event hosted by the New York City Economic Development Corporation and Mayor Eric Adams. The city has committed to electrify the Downtown Manhattan Heliport to enable electric air taxi operations.

First opened in 2011, the Kearny heliport is the largest vertical-lift facility on the east coast with 27 parking spots for helicopters and plans to expand to 32. The heliport provides ground services as well as hangar space for maintenance operations to helicopter operators in the NYC region, one of the busiest low-altitude corridors in the world.

As part of the agreement, HHI will upgrade its electrical infrastructure to support the installation of Joby’s Global Electric Aviation Charging System (“GEACS”), designed to support the safe and efficient operation of all electric aircraft under development today, including Joby’s quiet, emissions-free air taxi.

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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Saab receives Boeing order to produce T-7A fuselage systems

Saab has received an award from Boeing to produce T-7A aft fuselage systems. The order value for Saab is USD 101.7 million (approximately SEK 1 billion) and the order was booked in the fourth quarter 2023.

The T-7A aft fuselage systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana.

The order from Boeing comes after the first two T-7A Red Hawks successfully arrived at U.S. Air Force bases for developmental flight tests. The first T-7A went to Edwards Air Force Base and the second went to Eglin Air Force Base.

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Emirates increasing flights to Brazil and Argentina starting in December

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.

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Airbus Helicopters sign services contract with Heligo for H145 fleet

Hyderabad, India, January, 2024 – Airbus Group SE (Paris: AIR) has signed an HCare Initial contract, a comprehensive by-the-hour services contract with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India.

Under this five-year contract, Heligo will benefit from Airbus’ HCare Initial program, which will give the operator the freedom to replace scheduled and unscheduled components within 24 hours and pay a fixed rate per hour of helicopter flown. This will help Heligo to bring down their maintenance costs and the need to keep a regular inventory, thereby providing them with enhanced fleet availability for streamlined operations.

The H145 is the latest member of the company’s twin-engine rotorcraft product range – with designed-in mission capability and flexibility, especially in high and hot operating conditions. Compact in size, this helicopter’s small footprint and large, flexible cabin enables maneuvering in complex environments, such as oil and gas helidecks.

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 first C-130J-30 Super Hercules to the Georgia Air National Guard

Marietta, Georgia, January 22, 2024, PRNewswire – Lockheed Martin (NYSE: LMT) delivered the first of eight C-130J-30 Super Hercules tactical airlifters to the Georgia Air National Guard during a ceremony today, commemorating a new era in Hercules operations for this longtime C-130 Hercules operator.

The 165th Airlift Wing, the first C-130 operator in the state of Georgia, received its initial Hercules in 1975 and has operated several variants over the years. The Savannah-based unit will now operate the C-130J-30 Super Hercules, which offers unprecedented power, space, integration and versatility.

This delivery marks the first U.S. Air Force C-130J-30 aircraft to receive the Block 8.1 configuration during its initial production. The Block 8.1 configuration improves interoperability across the fleet with features such as a new flight management system, enhanced navigation and inter-communication systems and updated friend-or-foe identification.

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 pilots approve new contract

Dallas, Texas, January 22, 2024 – Southwest Airlines Co. (NYSE: LUV) announced today its Pilots, represented by the Southwest Airlines Pilots Association (SWAPA), overwhelmingly approved a new collective bargaining agreement.

The five-year agreement covers nearly 11,000 Southwest® Pilots, and provides them with industry-leading compensation, modified scheduling practices, and quality-of-life enhancements, including paid maternity and parental leave, with an opportunity for an additional extended bonding leave. In addition, the contract maintains Southwest’s operational advantages, including a new process for recovering our Pilot network, if needed.

Since October 2022, nine union-represented workgroups have ratified new agreements:

  • Appearance Technicians
  • Customer Service Agents, Customer Representatives, and Source of Support Representatives
  • Dispatchers
  • Facilities Maintenance Technicians
  • Flight Instructors
  • Material Specialists
  • Mechanics and Related Employees
  • Meteorologists
  • Pilots

Southwest remains in negotiations with two union-represented workgroups and is committed to reaching agreements that reward those Employees for their Southwest contributions.

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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Airbus and Air India to launch pilot training center

Hyderabad, Telangana, India, January, 2024 – Delivering on its commitment to ‘Skill India’, Airbus Group SE (Paris: AIR) has entered into a 50:50 joint venture with the Tata-owned Air India to launch a world-class pilot training centre in Gurugram, Haryana. The Tata Airbus Training Center will offer A320 and A350 flight training to some 5,000 new pilots over 10 years. The sprawling 3,300 sq.mt. centre will be equipped with 10 Full Flight Simulators (FFS), flight training classrooms and briefing and debriefing rooms as part of the complete Airbus Flight Training Device setup.

The training centre is due to be operational starting early 2025 with the initial installation of four A320 FFS. The Tata Airbus Training Centre will offer courses approved by Directorate General of Civil Aviation (DGCA) and European Union Aviation Safety Agency (EASA).

Airbus has also partnered with GMR Aero Technic to offer Aircraft Maintenance Engineering training courses at the latter’s facility in Hyderabad. Airbus will provide training material such as trainee handbooks, examination database, online access to Airbus customised training modules and Airbus Competence Training (ACT) for Academy media package. Airbus will also train GMR instructors and provide continual assessment of the training center.

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 Canada unveils mobile charging for hybrid-electric flight

Longueuil, Quebec, Canada, January 22, 2024, PRNewswire – Pratt & Whitney Canada today announced the development of an advanced mobile charging unit (MCU) capable of charging high-power batteries at up to 1500 volts, making it compatible with Megawatt Charging System standards the industry is advancing for high voltage power applications. Pratt & Whitney is an RTX (NYSE: RTX) business.

The MCU was developed in collaboration with the National Research Council of Canada (NRC) and the Innovative Vehicle Institute (IVI) as part of the RTX hybrid-electric flight demonstrator project.

The MCU is assembled from commercially available components and can deliver up to 280 kW and 1500 volts. In collaboration with IVI, Pratt & Whitney Canada developed a distributed control and protection strategy. The NRC focused on the hardware design, assembly, testing and delivery of two charger units, which will be used on the hybrid-electric flight demonstrator project. The charger’s bidirectional capability enables it to both charge and discharge batteries, which creates opportunities to recycle unused energy back into the electrical grid.

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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