April 19, 2024 – Alstom, global leader in smart and sustainable mobility, announced today that it has entered into a binding agreement with Knorr-Bremse AG to sell Alstom’s North American conventional signalling business for a purchase price of around €630 million[1].

This transaction is part of the comprehensive company action plan that Alstom announced on November 15, 2023, aiming at reinforcing its leadership position in the Rail industry. Alstom will provide the details of its plan to maintain a solid and sustainable investment grade rating and of its €2 billion deleveraging target at full-year results on 8 May 2024.

This transaction concerns the conventional part of the North American signalling business, and the perimeter to be sold had revenues of approximately €300 million in FY 2023/24.

[1] Proceeds for Alstom at closing (net of expected tax and transaction costs) are expected to reach ca.€620 million.

Montreal, Quebec, Canada, April 3, 2024, CNW – Building on its partnership with the Jane Goodall Institute of Canada (JGIC), Air Canada is launching a new initiative to spotlight illegal wildlife trade (IWT) and its impact on global biodiversity. In collaboration with JGIC and involvement from Dr. Jane Goodall herself, the awareness campaign will showcase animals endangered from IWT on the airline’s in-flight entertainment welcome screens, social media and more during Earth Month, along with a special message from Dr. Jane Goodall.

Air Canada participates in the IWT fight with a zero-tolerance policy on carrying banned species, and hunting trophies or products associated with illegal wildlife activities. Air Canada became a signatory to the Buckingham Palace Declaration in 2020, and was the first airline in the Americas to hold the IATA IWT certification, which confirms policies and procedures are in place to reduce the likelihood of the transportation of illegal wildlife products. The airline became a member of the United for Wildlife’s North America Regional Chapter which launched in 2022, and has created IWT e-learning modules for all frontline employees and managers in Air Canada Cargo, its freight business.

To further support The Jane Goodall Institute of Canada’s ongoing environment and conservation work, Aeroplan will be launching a Points Match Week beginning Earth Day, April 22-28. All points donated by Aeroplan members will be matched at 100% by Aeroplan, with all proceeds going directly to the JGIC.

April 3, 2024, Reuters – LATAM Airlines said on Wednesday its board gave approval to begin the process of re-listing American Depositary Receipts (ADRs) on the New York Stock Exchange.

In a filing to Chile’s stock exchange, the company said…

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LATAM Airlines to re-list on NYSE

Long Beach, California. April 1, 2024. – Rocket Lab USA, Inc., a global leader in launch services and space systems, today announced it has set the launch window for its next Electron launch.

The ‘Beginning Of The Swarm’ mission is scheduled to launch from Rocket Lab Launch Complex 1 in Mahia, New Zealand during a 14-day launch window that opens on April 24^th. Electron will carry two satellites for two separate customers: NEONSAT-1, an Earth observation satellite for the Satellite Technology Research Center (SaTReC) at the Korea Advanced Institute of Science and Technology (KAIST), and NASA’s Advanced Composite Solar Sail System (ACS3).

The primary payload for this mission, NEONSAT-1, is an Earth observation satellite with a high-resolution optical camera designed to monitor for natural disasters along the Korean Peninsula by pairing its images with artificial intelligence. NEONSAT-1 is the first satellite developed under the NEONSAT program by SaTReC and KAIST, Korea’s leading university in science and technology, which developed and operated Korea’s very first satellite KITSAT-1 more than 30 years ago. Other NEONSAT satellites are planned to be launched in 2026 and 2027 to build out the NEONSAT constellation.

March 28, 2024 – Marking the end of an era, Deutsche Post has discontinued its overnight airmail network in Germany after 63 years in operation. The early hours of March 28 saw the last overnight flights by Eurowings and Tui Fly transporting letters to and from northern and southern Germany on the routes Stuttgart-Berlin, Hanover-Munich and Hanover-Stuttgart. In the interest of sustainability, letter mail on these routes will be transported exclusively via road in the future. This will allow Deutsche Post to reduce transport-related CO2 emissions on these routes by more than 80%.

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Deutsche Post discontinues German overnight airmail

Panasonic and Indian Oil form a joint venture to manufacture li-ion batteries and energy storage systems in India, addressing the rising demand during the energy transition and contributing to India’s self-reliance goals.

Click the link below to read the full story!

http://timesofindia.indiatimes.com/articleshow/108923265.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

March 30, 2024 – National Carrier Fiji Airways has confirmed that there have been additional flight disruptions as a result of damage sustained by one of its Airbus A350-900’s in a ground incident at Los Angeles International Airport (LAX) on Thursday evening.

All services are operating as normal using existing aircraft with the exception of the cancellation of flight FJ811 on March 27, 2024 (PDT)0.

The aircraft is currently undergoing repairs and Fiji Airways is cooperating with the investigation by Los Angeles World Airports, which owns and operates the Airport in which the incident occurred. No passengers or crew members were onboard the aircraft when the damage occurred.

March 25, 2024 – Alstom, global leader in smart and sustainable mobility, and CLIP Intermodal, a company specialised in intermodal transport, belonging to Clip Group, have announced the signing of contracts in the first quarter of 2024 for the total supply of 13 third-generation Traxx multi-system locomotives. The Traxx locomotives will be homologated for the European corridor, including France, Belgium, Luxemburg, Germany, Austria and Poland. The Alstom site in Kassel, Germany, will be responsible for the production of the units, while the locomotive bodies will be manufactured at the Alstom facility in Wrocław, Poland.

The third generation Traxx multi-system locomotives are characterised by high operational efficiency, reliability, energy efficiency and accessible service. They are designed to handle heavier loads compared to other locomotives in the same class. Units ordered by Clip Group can reach a top speed of 160 km per hour and will be equipped with the leading signalling system Onvia (formerly known as Atlas), Alstom’s onboard solution for the European Train Control System (ETCS). This system offers the most extensive coverage across various countries and lines, both in ETCS as well as for legacy system operation. Alstom is the leading locomotive maintainer, and maintains more than 2,450 locomotives around the world, including almost 600 Traxx locomotives.

Click the link below for the press release!

Alstom to deliver 13 Traxx locomotives