Airline

Paramount Business Jets Expands Exceptional Private Jet Services in Mexico

Retrieved on: 
Monday, March 25, 2024
Culture, Trustpilot, Dun & Bradstreet, Jet, Partnership, Better Business Bureau, Travel, Paramount, City, Airline

LEESBURG, Va., March 25, 2024 (GLOBE NEWSWIRE) -- Paramount Business Jets, a distinguished leader in private jet charter services with headquarters in the United States, proudly announces its enhanced presence across Mexico.

Key Points: 
  • LEESBURG, Va., March 25, 2024 (GLOBE NEWSWIRE) -- Paramount Business Jets, a distinguished leader in private jet charter services with headquarters in the United States, proudly announces its enhanced presence across Mexico.
  • Since 2005, Paramount Business Jets has been committed to offering top-tier private jet charter services to and from Mexico, connecting clients with major cities such as Mexico City, Puerto Vallarta, Cancun, and Cabo San Lucas.
  • With nearly two decades of service excellence, Paramount Business Jets is the preferred choice for luxury private jet travel in Mexico and beyond.
  • Discover more about our Mexico private jet services and explore partnership opportunities by visiting Paramount Business Jets online.

EHang Announces Japan's First UAM Center in Tsukuba

Retrieved on: 
Friday, March 22, 2024
CFO, Partnership, Transport, City, Command, UAM, EHang, Airline

GUANGZHOU, China, March 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced today that Japan's first UAM Center has been established in Tsukuba City, Ibaraki Prefecture.

Key Points: 
  • GUANGZHOU, China, March 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced today that Japan's first UAM Center has been established in Tsukuba City, Ibaraki Prefecture.
  • This UAM center is a milestone in Japan's advanced air mobility industry.
  • (During the inauguration ceremony of UAM Center, EH216-S completed its debut flight in the Kanto region in Japan.)
  • The establishment of the UAM Center is the result of a strategic partnership between EHang and AirX Inc. (“AirX”), a leading Japanese air mobility digital platform company.

Willis Lease Finance Corporation Completes Delivery of 4th ATR 72-500 Aircraft under its ConstantThrust® Engine Maintenance Program

Retrieved on: 
Thursday, March 21, 2024
Tax, Pratt & Whitney, Part, ATR, FBO, TAG Airlines, Security (finance), TAG, Aircraft, WLFC, Airline

COCONUT CREEK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) announces it has successfully delivered its fourth ATR 72-500 aircraft to Transportes Aéreos Guatemaltecos (TAG Airlines) (“TAG”) as part of its lease agreements with the airline for four ATR 72-500 aircraft.

Key Points: 
  • COCONUT CREEK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) announces it has successfully delivered its fourth ATR 72-500 aircraft to Transportes Aéreos Guatemaltecos (TAG Airlines) (“TAG”) as part of its lease agreements with the airline for four ATR 72-500 aircraft.
  • Under the lease agreements, the aircraft are included in WLFC’s ConstantThrust® program for PW127M engines.
  • “We are thrilled to support TAG, our first regional ConstantThrust® airline partner, with a fourth aircraft delivery,” said Austin C. Willis, Chief Executive Officer of WLFC.
  • Willis Lease Finance Corporation (“WLFC”) leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide.

EzFill to Begin Mobile Fuel Service for Millwork Sales and Batesville

Retrieved on: 
Wednesday, March 20, 2024
Airline

MIAMI, FL, March 20, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fuel industry, announced that it has signed fuel delivery agreements with two new fleet customers.

Key Points: 
  • MIAMI, FL, March 20, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fuel industry, announced that it has signed fuel delivery agreements with two new fleet customers.
  • The new fleet accounts Millwork Sales and Batesville are supplies companies in the Tampa and Orlando markets.
  • The continued addition of new fleet customers are a direct result of our team’s hard work and resilience.
  • Our operations, our delivery drivers, and our back office have been putting in the work and this shows in our continued growth.”

FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services

Retrieved on: 
Wednesday, March 20, 2024
Sales management, Motivation, Partnership, SAN, First BanCorp, First, FBP, Region, NCino, Airline

SAN JUAN, Puerto Rico, March 20, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp (NYSE: FBP), has partnered with nCino to offer a more modern commercial banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.

Key Points: 
  • SAN JUAN, Puerto Rico, March 20, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp (NYSE: FBP), has partnered with nCino to offer a more modern commercial banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.
  • This project was spurred on by FirstBank Puerto Rico’s digital transformation initiative, which is focused on enhancing the customer experience by providing greater agility and simplicity in its online commercial operations.
  • These innovations will also improve the lending and portfolio management process for FirstBank Puerto Rico’s employees, simplifying the loan cycle and enhancing credit response times.
  • Juan Carlos Pavía, Executive Vice President and Chief Credit Officer at FirstBank Puerto Rico, said, "Here at FirstBank Puerto Rico, we are driven by technology, but our true motivation will always be serving our customers' needs.

IZEA Shortlisted for 2024 U.S. Partnership Awards

Retrieved on: 
Wednesday, March 20, 2024
Internet, Partnership, Gold, News, IZEA, Cactus, Good, Marketing, Creator economy, Airline

ORLANDO, Fla., March 20, 2024 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA ), the premier provider of technology, data, and services for the Creator Economy, today announced it has been shortlisted in the Best Influencer Marketing Partnership category at the 2024 U.S. Partnership Awards for its campaign with H/L and Toyota.

Key Points: 
  • ORLANDO, Fla., March 20, 2024 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA ), the premier provider of technology, data, and services for the Creator Economy, today announced it has been shortlisted in the Best Influencer Marketing Partnership category at the 2024 U.S. Partnership Awards for its campaign with H/L and Toyota.
  • IZEA worked with influencers in the California Bay Area to post content for Toyota’s “What Fuels You?” campaign.
  • IZEA worked with its creative and production teams to facilitate the content creation process during the two-day shoot.
  • At the 2023 U.S. Partnership Awards, IZEA won a gold award in the Partnership for Good category for its LGBTQIA+ Community Mental Health Initiative campaign with Cactus and Colorado Crisis Services.

Japanese Investors Believe Increased Global Urbanisation is Set to Fuel Growth in eVTOL Sector

Retrieved on: 
Tuesday, March 19, 2024
Aircraft, Congestion, Growth, Acceleration, Urban Air Mobility, News, Carbon, City, Vertical, UAM, Optimism, Airline

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, publishes new global research* that indicates the global trend towards urbanisation is believed by Japanese private equity, venture capital and family office investors to be a key driver behind the anticipated growth in the eVTOL. The study from PureProfile, commissioned by the Company, surveyed investors in Japan responsible for more than $423 billion assets under management.

Key Points: 
  • The study from PureProfile, commissioned by the Company, surveyed investors in Japan responsible for more than $423 billion assets under management.
  • The need to address such transportation issues is believed by 65% of Japanese professional investors to be a key driver behind the growth of the eVTOL market.
  • Only 5% of professional investors in Japan believe the debut date for commercial passenger routes will extend beyond 2030.
  • Roughly three out of four (78%) Japanese investors believe public support for eVTOLs will grow over the next three years with 18% anticipating a dramatic increase in public confidence.

Infinera and Orange International Network Establish Long-term Partnership to Optimize Network Infrastructure Across Europe

Retrieved on: 
Monday, March 18, 2024
Partnership, SAN, Senior, City, Telecommunications, GX, Economics, Airline

This partnership sets the foundation for a collaboration on Orange’s international backbone network.

Key Points: 
  • This partnership sets the foundation for a collaboration on Orange’s international backbone network.
  • Orange selected Infinera’s GX Series compact modular networking platform based on its ability to provide high-capacity connectivity with excellent economics.
  • Orange and Infinera recently completed a network in the U.S., and will now connect Paris, Marseille, and Bordeaux in France.
  • “We are excited about this new partnership with Infinera,” said Aurélien Vigano, VP of International Transmission Networks at Orange.

Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company

Retrieved on: 
Monday, March 18, 2024
Midnight, ACHR, Aviation, Transport, City, Airline

Stellantis’ increased investment in Archer follows CEO Carlos Tavares’ recent visit to Archer’s headquarters and manufacturing facilities in Santa Clara, California.

Key Points: 
  • Stellantis’ increased investment in Archer follows CEO Carlos Tavares’ recent visit to Archer’s headquarters and manufacturing facilities in Santa Clara, California.
  • The construction on the first phase of Archer’s high-volume manufacturing facility in Georgia remains on track to be completed later this year.
  • Midnight is optimized for back-to-back short distance trips of around 20-50 miles, with a charging time of approximately 10 minutes in-between.
  • During this time, Archer has leveraged Stellantis’ deep manufacturing, supply chain, and design expertise in connection with Archer’s efforts to design, develop, and commercialize its eVTOL aircraft.

Valneva Announces Extension of the Interest-Only Period of Its Debt Facility with Deerfield and OrbiMed

Retrieved on: 
Monday, March 18, 2024
Euronext Paris, OrbiMed, Saint-Herblain, VLA, Airline

Reimbursements of the first $100 million tranche will now start in January 2026 instead of July 2024.

Key Points: 
  • Reimbursements of the first $100 million tranche will now start in January 2026 instead of July 2024.
  • Maturity of this first tranche will remain in the first quarter of 2027.
  • Peter Bühler, Chief Financial Officer of Valneva, said, “We greatly appreciate the continued support from Deerfield and OrbiMed.
  • Valneva announced amendments to the terms in January 20212 and upsizing in April 20223 and August 20234.