Airbus

The ITA Airways Era Has Begun - The New Italian National Airline Is Born

Friday, October 15, 2021 - 4:59pm

ROME, Oct. 15, 2021 (GLOBE NEWSWIRE) -- The ITA Airways era has begun: the new Italian national airline is born, with a focus on efficiency and innovation, customer satisfaction and environmental sustainability.

Key Points: 
  • ROME, Oct. 15, 2021 (GLOBE NEWSWIRE) -- The ITA Airways era has begun: the new Italian national airline is born, with a focus on efficiency and innovation, customer satisfaction and environmental sustainability.
  • The company will fly with a new blue livery, a symbol of the countrys unity and pride, of sport and the Italian national team.
  • On the rudder, the Italian tricolour; on the blue background, the red and white gold ITA Airways logo and stylised icons inspired by Italy's artistic heritage.
  • ITA Airways will focus its activity on the Rome Fiumicino hub and the Milan Linate airport, where it will position itself as the reference airline for business and leisure traffic.

VAH Leases Two Airbus A330-300 Aircraft to iFly Airlines

Thursday, October 14, 2021 - 8:01pm

Voyager Aviation Holdings, LLC (VAH) announced today that it has come to an agreement with a new customer, iFly Airlines, who are a well-known Russian airline, for the long-term lease of two (2) Airbus A330-300 aircraft.

Key Points: 
  • Voyager Aviation Holdings, LLC (VAH) announced today that it has come to an agreement with a new customer, iFly Airlines, who are a well-known Russian airline, for the long-term lease of two (2) Airbus A330-300 aircraft.
  • Were pleased to welcome iFly as a new customer and provide them with the aircraft they need to grow their business.
  • This is an exciting partnership for VAH as we work to be a leading provider of aircraft and capital solutions to the aviation industry.
  • The Company has a global customer base of prominent passenger and cargo airlines that, besides iFly, also includes Alitalia, Air France, AirBridgeCargo, Breeze Airways, Cebu Pacific, Philippine Airlines, Sichuan Airlines, and Turkish Airlines.

Frontier Group Holdings Announces Webcast of Third Quarter 2021 Financial Results

Thursday, October 14, 2021 - 3:39pm

DENVER, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, will be releasing financial results after the close of the stock market on Wednesday, November 10, 2021.

Key Points: 
  • DENVER, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, will be releasing financial results after the close of the stock market on Wednesday, November 10, 2021.
  • Management will host a live audio feed webcast of its third-quarter 2021 financial results the same day at 4:30PM EDT with financial analysts.
  • The webcast will be available to the public on a listen-only basis at https://ir.flyfrontier.com.
  • With approximately 140 new Airbus planes on order, Frontier will continue to grow to deliver on the mission of providing affordable travel across America.

OneTen pledges over 3,000 tech education scholarships over the next ten years to increase Black representation in the tech sector

Thursday, October 14, 2021 - 2:00pm

WASHINGTON, Oct. 14, 2021 /PRNewswire/ -- OneTen announced today the launch of an inaugural scholarship program designed to increase educational opportunities for Black talent without four-year degrees and help them pursue family-sustaining jobs in the tech industry. In partnership with talent transformation platform Udacity and the Blacks In Technology (BIT) Foundation, OneTen will offer a total of 3,500 scholarships for the first two years. This is part of OneTen's 10-year pledge to support Black talent from underserved areas with limited access to skills programs.

Key Points: 
  • This is part of OneTen's 10-year pledge to support Black talent from underserved areas with limited access to skills programs.
  • The 3,500 fully funded scholarships focus on training Black talent on four core tech competencies, Digital Marketing, Business Analytics, Front End Developer and Predictive Analytics.
  • We can take immediate and concrete action to increase the representation of the Black community in the tech sector through this partnership with OneTen and the BIT Foundation."
  • OneTen recognizes the unique potential in everyone every individual, every business, every community to change the arc of America's story with Black talent.

Aras Welcomes Former Ansys Chairman and CEO, James Cashman, to Board of Directors

Thursday, October 14, 2021 - 1:00pm

Aras , a leading global provider of low-code applications to design, build, and operate complex products, today announced the addition of James (Jim) E. Cashman III, former Chairman and CEO of Ansys, to its Board of Directors.

Key Points: 
  • Aras , a leading global provider of low-code applications to design, build, and operate complex products, today announced the addition of James (Jim) E. Cashman III, former Chairman and CEO of Ansys, to its Board of Directors.
  • During my many years in the PLM industry, Ive seen first-hand and have admired Jims expertise in growing his business.
  • Im thrilled to partner with him on the next phase of Aras growth and enterprise SaaS disruption, said Tony Affuso, Member of the Board of Directors at Aras and former CEO of Siemens PLM.
  • In addition to his Board role with Aras, Jim serves as a corporate director and advisor to a number of high-tech organizations spanning information technology, industrial automation, and biotechnology.

Allegiant Travel Company Schedules Third Quarter 2021 Earnings Call

Wednesday, October 13, 2021 - 8:18pm

LAS VEGAS, Oct. 13, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2021 financial results conference call for Wednesday, October 27 at 4:30 p.m. EDT.

Key Points: 
  • LAS VEGAS, Oct. 13, 2021 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its third quarter 2021 financial results conference call for Wednesday, October 27 at 4:30 p.m. EDT.
  • A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com .
  • The webcast will also be archived on the "Events & Presentations" section of the site.
  • If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.

Plug Power Partners with Airbus on Landmark Study to Decarbonize Air Travel & Airport Operations with Green Hydrogen

Wednesday, October 13, 2021 - 12:07pm

Plug Powers hydrogen fuel cell technology also provides reliable, resilient on-site backup power for businesses and institutions, whether data centers, utilities, retailers or universities.

Key Points: 
  • Plug Powers hydrogen fuel cell technology also provides reliable, resilient on-site backup power for businesses and institutions, whether data centers, utilities, retailers or universities.
  • Plug Power will build deployment scenarios for green hydrogen infrastructure at airports, while Airbus will provide insight on hydrogen aircraft characteristics.
  • Glenn Llewellyn, Airbus Vice-President, Zero-Emission Aircraft, adds: We at Airbus see huge potential for green hydrogen to power our future zero-emission aircraft.
  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions.

NEO Exchange Announces Breakthrough Travel Industry Listing With IPO of Canada Jetlines

Wednesday, October 13, 2021 - 12:47pm

The NEO Exchange is proud to announce the public listing of Canada Jetlines (Jetlines or the Company), a charter airline aiming to commence flight operations in 2022.

Key Points: 
  • The NEO Exchange is proud to announce the public listing of Canada Jetlines (Jetlines or the Company), a charter airline aiming to commence flight operations in 2022.
  • We are proud to serve as the listing partner for Canadas newest airline as they set forth to make travel more accessible, commented Jos Schmitt, President and CEO of NEO.
  • Backed by some of the most reputable financial organizations in Canada, the NEO Exchange facilitates close to 15% of all Canadian trading volume.
  • The NEO Exchange is Canadas Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment.

Global Aircraft Engine MRO Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Wednesday, October 13, 2021 - 12:16pm

Several new contracts have been signed in the recent years for the maintenance of aircraft engines between airlines and MRO service providers.

Key Points: 
  • Several new contracts have been signed in the recent years for the maintenance of aircraft engines between airlines and MRO service providers.
  • In addition to this, the MRO service providers are also expanding their presence in various countries to cater to the growing demand for commercial engine MRO services.
  • Asia-Pacific has experienced a significant growth in the total aircraft fleet over the past decade which has increased the demand for engine MRO services.
  • Also, in order to reduce the overseas maintenance cost, several airlines have partnered with engine MRO service providers to develop in-house capabilities.

Plug Power Invests in Airflow To Bring Hydrogen Fuel Cell Propulsion System to Part 23 Aircraft

Wednesday, October 13, 2021 - 2:01pm

Under this new partnership, the companies are co-developing and certifying a hydrogen fuel cell-based propulsion system designed for a new generation of sub-regional aircraft.

Key Points: 
  • Under this new partnership, the companies are co-developing and certifying a hydrogen fuel cell-based propulsion system designed for a new generation of sub-regional aircraft.
  • View the full release here: https://www.businesswire.com/news/home/20211013005431/en/
    Plug Power Invests in Airflow To Bring Hydrogen Fuel Cell Propulsion System to Part 23 Aircraft (Photo: Business Wire)
    Airflow has recently secured over $600M in Letters of Intent (LOIs) from eleven airlines operating sub-regional aircraft.
  • This work is an extension of Plug Powers ongoing partnership with Albany International Airport where their hydrogen fuel cell solutions power ground support equipment .
  • Since partnering with other aerospace pioneers including Universal Hydrogen, Plug Power has embarked on a rigorous effort to adapt its ProGen-based hydrogen fuel cell stack specifically for aerospace applications.