Airline

GXO Earns Boeing’s ‘Supplier of the Year for Support & Services’ Award

Retrieved on: 
Wednesday, July 6, 2022 - 12:00pm

Its an honor to receive this Supplier of the Year for Support & Services award from Boeing, said Bill Fraine, Chief Commercial Officer at GXO.

Key Points: 
  • Its an honor to receive this Supplier of the Year for Support & Services award from Boeing, said Bill Fraine, Chief Commercial Officer at GXO.
  • Were proud to support Boeings commercial and defense programs domestically and globally.
  • GXO received the Supplier of the Year for Support & Services award for its role in supporting Boeings 787 Dreamliner, 737, V-22, CH-47, P-8, KC-46 and C-17 programs, among others.
  • GXO Logistics, Inc. (NYSE: GXO) is the worlds largest pure-play contract logistics provider and is benefiting from the rapid growth of ecommerce, automation and outsourcing.

SWM and Neenah Complete Merger to Become Mativ, a ~$3 Billion Global Leader in Specialty Materials

Retrieved on: 
Wednesday, July 6, 2022 - 11:55am

Mativ has approximately $3 billion in sales, supporting customers in more than 100 countries, and manufacturing capabilities on four continents.

Key Points: 
  • Mativ has approximately $3 billion in sales, supporting customers in more than 100 countries, and manufacturing capabilities on four continents.
  • View the full release here: https://www.businesswire.com/news/home/20220706005225/en/
    Pursuant to the merger agreement, Neenah shareholders received 1.358 shares of SWM common stock for each share of Neenah common stock owned.
  • This merger is a unique opportunity to boldly reimagine our future as a stronger and faster-growing global enterprise.
  • Mativ Holdings, Inc. is a global leader in specialty materials headquartered in Alpharetta, Georgia.

Vertical Aerospace and Molicel Partner to Power the VX4

Retrieved on: 
Wednesday, July 6, 2022 - 11:02am

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a strategic partnership with E-One Moli Energy Corp (Molicel), a leading manufacturer of lithium-ion cells, to supply high power cylindrical cells for Verticals VX4 eVTOL aircraft.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, today announces a strategic partnership with E-One Moli Energy Corp (Molicel), a leading manufacturer of lithium-ion cells, to supply high power cylindrical cells for Verticals VX4 eVTOL aircraft.
  • Vertical reviewed the capabilities of dozens of cell manufacturers before selecting Molicel as its battery partner as it believes Molicel is uniquely placed to meet the performance and safety requirements of the VX4 and to continue to deliver innovation and improved performance over time.
  • Vertical and Molicel have established a joint working group to ensure the battery cells result in a system for the VX4 that is a safe, reliable and high-performance.
  • We see many similarities between ourselves and Molicel and we couldnt think of a better partner to bring the VX4 to market.

Air PREMIA Airlines goes live with IBS Software's iCargo to transform its Global Cargo Operations

Retrieved on: 
Wednesday, July 6, 2022 - 9:00am

SEOUL, South Korea, July 6, 2022 /PRNewswire/ --Air PREMIA Airlines, a recently established start-up from South Korea with business operations across the regional and international circuits, has gone live with IBS Software's iCargo Management solution for its air cargo business.

Key Points: 
  • SEOUL, South Korea, July 6, 2022 /PRNewswire/ --Air PREMIA Airlines, a recently established start-up from South Korea with business operations across the regional and international circuits, has gone live with IBS Software's iCargo Management solution for its air cargo business.
  • Air PREMIA is using the entire suite of iCargo Sales and Operations from IBS Software, with US Customs capabilities to help streamline its cargo booking and operations processes.
  • "Air PREMIA is excited to begin its business operations with the focus initially on cargo given the global situation on travel.
  • We strongly value the commitment that Air PREMIA has to IBS and the iCargo product, and are looking forward to providing excellent support to Air PREMIA in its growth.

Air PREMIA Airlines goes live with IBS Software's iCargo to transform its Global Cargo Operations

Retrieved on: 
Wednesday, July 6, 2022 - 9:00am

SEOUL, South Korea, July 6, 2022 /PRNewswire/ --Air PREMIA Airlines, a recently established start-up from South Korea with business operations across the regional and international circuits, has gone live with IBS Software's iCargo Management solution for its air cargo business.

Key Points: 
  • SEOUL, South Korea, July 6, 2022 /PRNewswire/ --Air PREMIA Airlines, a recently established start-up from South Korea with business operations across the regional and international circuits, has gone live with IBS Software's iCargo Management solution for its air cargo business.
  • Air PREMIA is using the entire suite of iCargo Sales and Operations from IBS Software, with US Customs capabilities to help streamline its cargo booking and operations processes.
  • "Air PREMIA is excited to begin its business operations with the focus initially on cargo given the global situation on travel.
  • We strongly value the commitment that Air PREMIA has to IBS and the iCargo product, and are looking forward to providing excellent support to Air PREMIA in its growth.

AAR’s Component Repair facility in Amsterdam ranked No. 1 Outstanding Source of Repair by NATO Support and Procurement Agency for fifth time

Retrieved on: 
Tuesday, July 5, 2022 - 9:30pm

This is the second time AAR has received this prestigious recognition in the last three years and the fifth overall.

Key Points: 
  • This is the second time AAR has received this prestigious recognition in the last three years and the fifth overall.
  • AARs Amsterdam facility has served IAMCO for two decades and earlier this year signed a 10-year extension of the component MRO agreement with IAMCO for support of the NATO E-3A Airborne Warning and Control (AWACS) fleet.
  • The honor of receiving this distinction from NATO confirms our success toward this goal and demonstrates that others recognize our value, said Maarten Willemsen, Program Manager, AAR Aircraft Component Services - Amsterdam.
  • We are extremely proud to provide repair services to the NATO AWACS program in support of their readiness.

4AIR Congratulates Waterloo Institute of Sustainable Aeronautics “Designing the Flight School of the Future” Contest Winners

Retrieved on: 
Tuesday, July 5, 2022 - 7:58pm

4AIR , the first and only rating system focused on comprehensive sustainability in private aviation, today congratulated the winners of the Waterloo Institute of Sustainable Aeronautics Designing the Flight School of the Future contest.

Key Points: 
  • 4AIR , the first and only rating system focused on comprehensive sustainability in private aviation, today congratulated the winners of the Waterloo Institute of Sustainable Aeronautics Designing the Flight School of the Future contest.
  • The contest was organized by the University of Waterloo-based institute, among the worlds leading centers for sustainable aviation research and education.
  • View the full release here: https://www.businesswire.com/news/home/20220705005780/en/
    4AIR, the first and only rating system focused on comprehensive sustainability in private aviation, congratulates the winners of the Waterloo Institute of Sustainable Aeronautics Designing the Flight School of the Future contest.
  • The Waterloo Institute for Sustainable Aeronautics (WISA) mission is to be the worlds leading hub for sustainable aeronautics research, technology, and education.

Freedom Mortgage Announces Winner of the 2022 Celebrate Freedom Award

Retrieved on: 
Tuesday, July 5, 2022 - 6:00pm

BOCA RATON, Fla., July 5, 2022 /PRNewswire/ -- Freedom Mortgage, one of the largest full-service independent mortgage companies and the top VA and top Federal Housing Administration (FHA)  (government-insured) lender in the U.S. in 2021, has named Dr. Matthew R. Burke of Florida this year's winner of the company's Celebrate Freedom Award. Burke was officially recognized on July 4th at the Wawa Welcome America Festival in Philadelphia, where the Celebration of Freedom ceremony was held in front of Independence Hall. Burke received a check for $10,000 from Freedom Mortgage and a trip for two to the festival.

Key Points: 
  • Dr. Matthew R. Burke is this year's winner of the Freedom Mortgage Celebrate Freedom Award.
  • The Celebrate Freedom Award is open to all service members, veterans, first responders, and healthcare workers.
  • "I'm honored to receive the Freedom Mortgage Celebrate Freedom Award," said Burke.
  • For the first 600 submitted applications for the Celebrate Freedom Award, Freedom Mortgage made a $5 donation to both Feeding America and the USO (United Service Organizations).

Release on scammers impersonating Vickers Venture Partners

Retrieved on: 
Tuesday, July 5, 2022 - 5:13pm

SINGAPORE, July 5, 2022 /PRNewswire/ --Vickers Venture Partners has recently been made aware of a party impersonating us, creating websites, Telegram channels and a YouTube account, claiming to have launched the Vickers Venture AI Trading platform and soliciting the public to open a trading account with them.

Key Points: 
  • SINGAPORE, July 5, 2022 /PRNewswire/ --Vickers Venture Partners has recently been made aware of a party impersonating us, creating websites, Telegram channels and a YouTube account, claiming to have launched the Vickers Venture AI Trading platform and soliciting the public to open a trading account with them.
  • Vickers manages venture capital investments which are only made available to accredited investors through our six funds and co-investment vehicles.
  • Vickers Venture Partners is a global venture capital firm focused on deep tech investments worldwide.
  • Vickers Venture Partners was founded by Dr Finian Tan together with his co-founders Dr Khalil Binebine, Dr Jeffrey Chi, Dr Damian Tan, Linda Li and Raymond Kong in 2005.

AWP, Backed By Kohlberg & Co., Expands U.S. Footprint into Pacific Northwest with Acquisition of Northwest Traffic Services

Retrieved on: 
Tuesday, July 5, 2022 - 4:04pm

Northwest Traffic Services joins AWP and its family of brands including Statewide Safety Systems and Trafficade Services Companies to deliver superior traffic control safety services and equipment coast to coast.

Key Points: 
  • Northwest Traffic Services joins AWP and its family of brands including Statewide Safety Systems and Trafficade Services Companies to deliver superior traffic control safety services and equipment coast to coast.
  • This acquisition specifically expands AWP's national presence and capabilities into Idaho and Oregon.
  • "AWP is excited about the opportunity to team up with Northwest Traffic Services in bringing more value to energy, telecom, construction, transportation and special events customers throughout the Pacific Northwest," says Rob Sehnert, AWP president and CEO.
  • Founded in 2013, Northwest Traffic Services is a full service, 24/7 traffic control provider offering infrastructure work-zone protection, traffic control for special events, equipment rental and custom sign manufacturing.