Airbus

CALC Announces 2023 Annual Results

Retrieved on: 
Tuesday, March 19, 2024
Aircraft, TransNusa, CALC, Moody's Investors Service, Growth, RMB, Airbus, ESG, ARJ21, PDP, CAG, BA1, COMAC, USD, Economics, Fitch, AAA, Airline

Shareholders Profit Surged by Four Times

Key Points: 
  • Shareholders Profit Surged by Four Times
    HONG KONG, Mar 19, 2024 - (ACN Newswire) - China Aircraft Leasing Group Holdings Limited ("CALC" or the "Company", together with its subsidiaries, the "Group"; SEHK stock code: 01848), a full value chain aircraft solutions provider for the global aviation industry, is pleased to announce its annual results for the year ended 31 December 2023 (the "Review Year").
  • Together with the 2023 interim dividend of HK$0.15 per share already paid, total dividend payout for the year 2023 amounted to HK$0.30 (2022: HK$0.30 per share).
  • The Company has resumed its scrip dividend scheme for the final dividend for 2023.
  • As at 31 December 2023, the Group had cash and cash equivalents amounting to HK$5,300 million up 49.1% year-on-year.

NewHydrogen CEO Steve Hill Discussed Use of Hydrogen for Aviation with University of Tennessee Expert

Retrieved on: 
Tuesday, April 9, 2024
Mechanical, Academic Press, Electricity, Paris-Saclay University, Mechanics, Combustion, Associate, National Science Foundation, École Centrale Paris, Airbus, Research, Aviation, University, Carbon, Student, Paris-Sud University, NASA, American Institute, Investment, Society, Hydrogen, Water, Frustration, Doctorate

SANTA CLARITA, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of ThermoLoop™, a breakthrough technology that uses water and heat rather than electricity to produce the world’s cheapest green hydrogen, today announced that in a recent podcast the Company’s CEO Steve Hill spoke with Dr. Paul Palies, Associate Professor at the University of Tennessee Space Institute and founder of the Combustion and Propulsion for Aviation Research Center regarding future aviation based on hydrogen combustion for a decarbonized system.

Key Points: 
  • Dr. Palies said, “There is a need for a clean combustion system that doesn't add nitrogen oxide and completely removes the carbon footprint.
  • Dr. Palies said, “Our team is conducting research on premix combustion, a method that could reduce emissions while maintaining thermal power.
  • Mr. Hill thanked Dr. Palies for his insights, and briefly introduced NewHydrogen’s work on developing thermochemical approaches to affordable green hydrogen.
  • Dr. Paul Palies is Associate Professor at The University of Tennessee Space Institute where he established the Combustion and Propulsion for Aviation Research Center, his research group.

Kratos Announces New Director as Part of Ongoing Board Refresh and Augmentation Process

Retrieved on: 
Wednesday, April 3, 2024
Aviation, Sioux City, Iowa, Air force, Business, SAN, Policy, National Guard Bureau, Woman, Senior advisor, The, Military, Iowa State University, White, Airbus, Knowledge, Davis–Monthan Air Force Base, F-16, University, STEM, Atmosphere of Earth, Defense, Growth, White House Fellows, Intelligence analysis, FREEDOM, General Atomics MQ-9 Reaper, Technology company, Management

As the result of an ongoing Board augmentation and refreshment process, the Company has appointed Brigadier General (Retired) Bobbi Doorenbos to the Kratos Board of Directors, effective March 28, 2024.

Key Points: 
  • As the result of an ongoing Board augmentation and refreshment process, the Company has appointed Brigadier General (Retired) Bobbi Doorenbos to the Kratos Board of Directors, effective March 28, 2024.
  • General Doorenbos brings significant relevant and diverse experience and expertise to the Kratos Board.
  • In her nearly 25 years of distinguished military service, General Doorenbos has served in leadership positions in the White House, Headquarters Air Force, and National Guard Bureau.
  • "We are pleased to welcome General Doorenbos to the Company’s Board of Directors.

Global Crossing Airlines, America’s Fastest Growing Charter Airline, Receives Increased Authorization for up to 20 Aircraft by US DOT

Retrieved on: 
Wednesday, April 3, 2024
Transport, Airbus, Nation, JET, A321, ACMI, Airbus A320 family, Aircraft, OTCQB, Airline

MIAMI, April 03, 2024 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe: JET, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation's fastest growing charter airline, has been approved by the US Department of Transportation for an increase to 20 aircraft from its current authorization of 16 aircraft.

Key Points: 
  • MIAMI, April 03, 2024 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe: JET, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation's fastest growing charter airline, has been approved by the US Department of Transportation for an increase to 20 aircraft from its current authorization of 16 aircraft.
  • The increased fleet authorization allows GlobalX to add two (2) Airbus A320 and two (2) Airbus A321 passenger aircraft to its fleet by Summer 2024, subject to FAA approvals.
  • The additional aircraft will strengthen GlobalX's refocused strategy to expand its ACMI passenger charter business.
  • “This increased authorization is a key step in our path to sustained profitability and achieving our goal to become America’s largest charter airline, setting the industry high mark for on-time performance and reliability,” said Chris Jamroz, Executive Chairman of GlobalX.

Flewber Global Inc. Announces The Appointment of Peter John Pahygiannis as Director of Operations for Its Wholly Owned Subsidiary Ponderosa Air, LLC

Retrieved on: 
Monday, April 1, 2024
MOI, Canadair, Fleet Marine Force, Air travel, Airbus, Administrative assistant, Safety, Jet, Cirrus Vision SF50, Air Force One, Airline

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Flewber Global Inc., a leader in local and regional personal air mobility solutions, today announced the appointment of aviation industry veteran Peter John Pahygiannis as Director of Operations for Ponderosa Air, LLC, its wholly-owned FAA Part 135 Operator.

Key Points: 
  • NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Flewber Global Inc., a leader in local and regional personal air mobility solutions, today announced the appointment of aviation industry veteran Peter John Pahygiannis as Director of Operations for Ponderosa Air, LLC, its wholly-owned FAA Part 135 Operator.
  • Mr. Pahygiannis’ career is filled with many notable highlights, most recently serving as the Director of Operations for the largest Vision Jet fleet in the United States, where he was responsible for establishing, maintaining, and managing all aspects of regulatory and safety compliance.
  • “We are thrilled to welcome Peter Pahygiannis to the Flewber Global team,” said Marc Sellouk, Founder and CEO at Flewber Global.
  • His extensive experience will be invaluable in navigating the complex regulatory landscape and ensuring the highest standards of safety for Flewber Hops passengers.

Air Lease Corporation Activity Update for the First Quarter of 2024

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Air, Transport, Aerospace, Manufacturing, Finance, Aircraft, Air Lease Corporation, Airbus, Security (finance), A350-1000, ALC, Airline

Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.
  • Aircraft investments in the quarter totaled approximately $900 million, with the majority occurring in the second half of the quarter.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.
  • Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information.

Global Optical Satellite Industry Research 2024 Featuring Key manufacturers - Airbus, Israel Aerospace Industries, Thales Group, and Maxar Technologies - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024
Technology, Other Defense, Engineering, Satellite, Military, Photography, Aerospace, Manufacturing, Defense, MEO, European Space Agency, University, CEOS, United Nations, IAF, SpaceX launch vehicles, Investment, Wildfire, Environmental monitoring, Cyclone, Vandenberg Space Force Base, NGA, Committee, Observation, Make, VHR, Australian Space Agency, NASA, OECD, Energy, GEO, Geostationary orbit, SpaceX, International Astronautical Federation, Emergency management, Organization, Intelligence, Airbus, International Academy, Research, International Academy of Astronautics, Earthquake, LEO, IAA, IIRS, Technology education, Growth, UNOOSA, COVID-19, Natural Resources, Israel Aerospace Industries, Flood, Data collection, Forestry, Government, UN, Communications satellite

Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.

Key Points: 
  • Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.
  • Optical satellites offer the capability to capture detailed images with high spatial resolution, enabling precise analysis and decision-making.
  • The increasing institutional space budget positively impacts the optical satellite market by fostering innovation, research, and development of advanced satellite technologies.
  • The key manufacturers in the global optical satellite market are:

M1 Composites Technology Becomes Preferred A220 Repair Center

Retrieved on: 
Tuesday, April 9, 2024
QC, Airbus, A220, Satair, Engineering, Airline

LAVAL, QC, April 9, 2024 /PRNewswire/ - M1 Composites Technology Inc, a leading Quebec-based aerostructure engineering, manufacturing, and sustainment/repair company has been selected by Satair, an Airbus Services company, as the preferred North American repair station for Airbus A220  aircraft flight controls and structural parts.

Key Points: 
  • LAVAL, QC, April 9, 2024 /PRNewswire/ - M1 Composites Technology Inc, a leading Quebec-based aerostructure engineering, manufacturing, and sustainment/repair company has been selected by Satair, an Airbus Services company, as the preferred North American repair station for Airbus A220  aircraft flight controls and structural parts.
  • Based in Laval, M1 Composites competed against several large and well-established engineering & repair companies for this contract, which is expected to generate new jobs for the 100-person company.
  • As the North American preferred repair station, M1 Composites will ensure these operators have access to reliable and efficient aerostructure maintenance solutions.
  • Given the integrated aerospace supply chain that exists between both Canada and the U.S., M1 Composites is well-positioned to aid operators in the region with repair solutions on aero structure.

Piston Automotive Announces New President Jana Rosenmann

Retrieved on: 
Tuesday, April 9, 2024
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DETROIT, April 9, 2024 /PRNewswire/ -- Piston Automotive, a subsidiary of the Piston Group family of companies, today announced Jana Rosenmann as its new president.

Key Points: 
  • DETROIT, April 9, 2024 /PRNewswire/ -- Piston Automotive, a subsidiary of the Piston Group family of companies, today announced Jana Rosenmann as its new president.
  • "Without question, Jana will be a game changer for Piston Automotive and our entire fleet of Piston Group companies," said Johnson.
  • Holloway, former Piston Automotive president, was recently promoted to the Piston Group COO position last December.
  • Rosenmann is a highly strategic senior executive from the automotive and defense industries, with experience in large P&L, strategy and transformation roles.

Global Airlines and Blacklane to Offer Complimentary Airport Rides for First and Business Travellers

Retrieved on: 
Tuesday, April 9, 2024
EV, Business, Partnership, Airbus, Travel, Airline, Carbon, Privacy

Global Airlines will become the only European or American carrier to offer a complimentary chauffeur service for First and Business passengers travelling on its initial routes.

Key Points: 
  • Global Airlines will become the only European or American carrier to offer a complimentary chauffeur service for First and Business passengers travelling on its initial routes.
  • LONDON, April 9, 2024 /PRNewswire/ -- Today a partnership has been announced between Global Airlines and Blacklane, the premiere global chauffeur service provider.
  • As Global Airlines plans for its first phase of commercial operations, the partnership with Blacklane will initially entitle all First and Business passengers to 'to-and-from' airport transfers.
  • We can't wait to offer our smart, easy, and reliable chauffeur service to First and Business passengers flying Global."