Airbus

Azul is once again recognized by its Successful Capital Optimization Plan concluded in 2023

Retrieved on: 
Thursday, February 1, 2024
Aircraft, Airbus, Aviation, CFO, Deal, Bond, Embraer, Economics, Airline

SÃO PAULO, Feb. 1, 2024 /PRNewswire/ -- Azul, the largest airline in terms of flights and destinations served in Brazil, received the 'Restructuring Deal of the Year' award last Monday (29). The ceremony took place in Dublin during the 13th gathering of industry leaders organized by Airline Economics. 

Key Points: 
  • The ceremony took place in Dublin during the 13th gathering of industry leaders organized by Airline Economics.
  • The Aviation 100 Awards event is renowned for celebrating excellence in aviation, acknowledging outstanding companies, financial transactions, and industry leaders.
  • The winners are determined through a voting process that involves various industry stakeholders, including leasing companies, engine manufacturers, and airlines.
  • Azul's restructuring was also recognized with the Liability Management Deal of The Year award at the Bonds & Loans Latin America & Caribbean Awards last year.

Kore.ai Secures $150 Million Strategic Growth Investment to Drive AI-powered Customer and Employee Experiences for Global Brands

Retrieved on: 
Tuesday, January 30, 2024
Coca-Cola, AT&T, PNC Financial Services, Airbus, AI, Gen, Growth, Global 2000, Magic Quadrant, HR, NVIDIA, Cigna, Roche, LLM, ROI

ORLANDO, Fla., Jan. 30, 2024 /PRNewswire/ -- Kore.ai, a leader in enterprise conversational and generative AI platform technology, today announced $150 million in funding. The strategic growth investment was led by FTV Capital, a sector-focused growth equity investor with a successful 25+ year track record investing across enterprise technology, along with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity, Nicola and Beedie. The new funding will accelerate Kore.ai's market expansion and continuous innovation in AI to deliver tangible business and human value at scale.

Key Points: 
  • The AI market has seen rapid growth and disruption driven by advancements in technology and shifting user expectations.
  • Gartner estimates the conversational AI market to reach $377 billion in revenue by 2032, up from $66 billion in 2023.
  • This reflects an exponential demand for enhanced customer experiences, streamlined business operations and innovative GenAI applications addressing specific business tasks.
  • The company automates 450 million interactions a day for about 200 million consumers and two million enterprise users worldwide.

FTI Consulting Continues Expansion of Aviation Capabilities with Addition of Frank Martin as a Senior Managing Director

Retrieved on: 
Tuesday, January 23, 2024
Senior, FCN, FTI, Uncertainty, Partner, Airbus, Corporate finance, FTI Consulting, Environment, Lufthansa, Aircraft, MRO, Airline

FRANKFURT, Germany, Jan. 23, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the continued expansion of its global Aviation practice with the appointment of Frank Martin as a Senior Managing Director within the Corporate Finance & Restructuring segment.

Key Points: 
  • FRANKFURT, Germany, Jan. 23, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the continued expansion of its global Aviation practice with the appointment of Frank Martin as a Senior Managing Director within the Corporate Finance & Restructuring segment.
  • Frank’s arrival enables us to do just that.”
    Mr. Martin, who is based in Frankfurt, brings more than 25 years of experience in the aviation industry.
  • Throughout his career, Mr. Martin has worked globally as a consultant and senior advisor for leading aviation industry companies.
  • Before joining FTI Consulting, Mr. Martin was the global maintenance, repair and overhaul (“MRO”) lead for the aviation practice of a global management consultancy firm.

Eutelsat Group Concludes Sale of OneWeb’s stake in Airbus OneWeb Satellites LLC (AOS)

Retrieved on: 
Monday, January 29, 2024
Engineering, Satellite, Technology, Aerospace, Manufacturing, Telecommunications, Other Manufacturing, Defense, Sale, Airbus, OneWeb, Eutelsat

Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) has completed the sale of OneWeb’s 50% share in the Airbus OneWeb Satellites joint venture.

Key Points: 
  • Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) has completed the sale of OneWeb’s 50% share in the Airbus OneWeb Satellites joint venture.
  • The stake in the Florida-based business, which built the satellites for the OneWeb First Generation constellation, is being acquired by co-owner, Airbus U.S. Space & Defense, Inc.
  • The agreement reflects Eutelsat Group’s ongoing management of its assets with a view to optimizing and monetizing its portfolio as part of its debt reduction efforts.
  • Looking ahead, Eutelsat Group will benefit from being able to call on a more diversified range of suppliers for its future in-orbit needs, including Airbus which remains one of our most trusted partners.”

Aviation Capital Group Announces Delivery of One A320neo to SAS

Retrieved on: 
Friday, January 26, 2024
Professional Services, Air, Transport, Finance, Multimedia, Sale, Airbus A320neo family, Airbus, SAS, Capital Group Companies, Aviation, CFM International, Pacific Life, ACG, Airline

Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”).

Key Points: 
  • Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”).
  • Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.
  • View the full release here: https://www.businesswire.com/news/home/20240125992268/en/
    Airbus A320neo Leased by Aviation Capital Group to Scandinavian Airlines (“SAS”).
  • In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs.

IonQ Achieves Technical Milestone One Year Ahead of Schedule

Retrieved on: 
Thursday, January 25, 2024
Data Management, Technology, Other Technology, Software, Networks, Hardware, Cloud, AQ, Architecture, Research, Multimedia, Chemistry, Microsoft, API, Hyundai Motor Company, Airbus, Algorithm, Computer, Quantum, Benchmarking, Machine learning, Google Cloud, Air Force Research Laboratory, Azure, Video game

IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that it hit its target technical milestone of 35 algorithmic qubits (#AQ) a full year ahead of schedule.

Key Points: 
  • IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that it hit its target technical milestone of 35 algorithmic qubits (#AQ) a full year ahead of schedule.
  • This important milestone was achieved on IonQ Forte and leveraged the unique advantages of IonQ’s quantum computers, including high-fidelity trapped ion qubits and the industry’s only all-to-all connected architecture.
  • “Achieving our 2024 technical performance milestone a year early furthers IonQ’s technical leadership in developing the world’s most powerful and accurate commercially available quantum systems,” said Peter Chapman, CEO & President of IonQ.
  • To learn more about how you can get started on an IonQ system today, please contact us directly at: https://ionq.com/get-ready .

Global Lignofuels Market Analysis and Forecast 2023-2032, Featuring Gevo, Aemetis, BlueFire Renewables, Axens, New Energy Blue, Enerkem, Praj Industries, Clariant, Raizen, Gevo, Lessaffre and More

Retrieved on: 
Monday, January 29, 2024
Region, Aviation, European, Research, Renewable energy, RFS, RED, Policy, Biofuel, Airbus, Ecosystem, Boeing, International Renewable Energy Agency, IRENA, Growth

Ongoing research and developmental endeavors have yielded more sophisticated processes for lignofuels' production, enhancing their cost efficiency and effectiveness thereby propelling market expansion.

Key Points: 
  • Ongoing research and developmental endeavors have yielded more sophisticated processes for lignofuels' production, enhancing their cost efficiency and effectiveness thereby propelling market expansion.
  • Within the European Union, the Renewable Energy Directive (RED II) establishes targets for renewable energy in transport, promoting the adoption of biofuels and lignofuels.
  • Renewable Energy Support: The International Renewable Energy Agency (IRENA) supports the global transition to sustainable energy sources, including cellulosic ethanol, through research and policy advocacy.
  • European Union's Renewable Energy Directive II: The EU RED II establishes binding targets for the incorporation of renewable energy in transport, promoting lignofuels.

EASYJET TAKES TO THE SKIES WITH IRIS: NEXT GENERATION AIR TRAFFIC COMMUNICATION SERVICE

Retrieved on: 
Monday, January 29, 2024
Aircraft, CO2, Security, Congestion, Aviation, Single European Sky, International Civil Aviation Organization, ATM, EASA, Operation, Airbus, ESA, Inmarsat, Policy, Safety, Communication, AAM, Carbon, ICAO, Aircraft systems, Certification, Iris Global, EasyJet, Air traffic management, Australian Space Agency, Air navigation service provider, A320, ATC, European Space Agency, ESSP, Connectivity, Atmosphere, Airline

LONDON, Jan. 29, 2024 /PRNewswire/ -- easyJet has taken to the skies as the first airline partner of the ground-breaking Iris programme, an initiative led by the European Space Agency (ESA) and global communications company Viasat, which is using the latest generation of satellite technology to help modernise air traffic management (ATM).

Key Points: 
  • The EASA-certified Iris service provider ESSP has involved 15 leading Air Navigation Service Providers (ANSPs) in support of the first commercial flights taking place across Europe this year – with up to 11 easyJet Airbus A320neo aircraft taking part.
  • This initiative is a European first in putting the Single European Skies initiative into action.
  • Airspace modernisation and subsequent gains in efficiencies is one crucial element in the airline industry's path to net zero.
  • In 2022, easyJet announced its interim science-based carbon reduction target – 35% carbon emissions intensity improvement by FY2035, on a FY2020 baseline.

Hexcel Reports 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, January 24, 2024
Aerospace, Manufacturing, Defense, Other Manufacturing, Other Defense, ACM, Growth, Corporation, Airbus A320neo family, Airbus, Share repurchase, Public expenditure, Hexcel, MAX, Sale, Boeing, EPS, Pressure, Aviation, Capital expenditure, Capital, ID, Airbus A350, Video game

Hexcel Corporation (NYSE: HXL) today reported fourth quarter 2023 results including net sales of $458 million and adjusted diluted EPS of $0.43 per share.

Key Points: 
  • Hexcel Corporation (NYSE: HXL) today reported fourth quarter 2023 results including net sales of $458 million and adjusted diluted EPS of $0.43 per share.
  • Commercial Aerospace sales of $267.5 million for the fourth quarter of 2023 increased 4.4% (5.3% in constant currency) compared to the fourth quarter of 2022.
  • Total Industrial sales of $37.7 million in the fourth quarter of 2023 decreased 19.3% (22.3% in constant currency) compared to the fourth quarter of 2022.
  • Gross margin for the fourth quarter of 2023 was 22.5% compared to 23.1% in the fourth quarter of 2022.

Hunch Mobility, a Leading Provider of Urban Air Mobility in the Indian Subcontinent, Enters Into Business Combination Agreement With Direct Selling Acquisition Corp.

Retrieved on: 
Thursday, January 18, 2024
Air, Aerospace, Transport, Manufacturing, Transportation, Vacation, Travel, Life, Kirkland & Ellis, UAM, Form F-4, Sale, EVA, Aviation, Growth, Prospectus, Boeing, Beta Technologies, PARTIES, Eve Air Mobility, Pub, LLP, Person, Airbus, Extravehicular activity, Investment, Acquisition, International Monetary Fund, Private limited company, Security (finance), Annual report, Skyports, Name, Khaitan & Co, Form, Sub, USD, Register, Democracy, GDP

FlyBlade (India) Private Limited (“Hunch Mobility” or the “Company”), a leading provider of urban air mobility in the Indian subcontinent, has entered into a definitive business combination agreement with Direct Selling Acquisition Corp. (“DSAQ”) (NYSE: DSAQ), a special purpose acquisition company, and certain other parties thereto.

Key Points: 
  • FlyBlade (India) Private Limited (“Hunch Mobility” or the “Company”), a leading provider of urban air mobility in the Indian subcontinent, has entered into a definitive business combination agreement with Direct Selling Acquisition Corp. (“DSAQ”) (NYSE: DSAQ), a special purpose acquisition company, and certain other parties thereto.
  • The firm’s captive strategic infrastructure and sophisticated technology platform are designed to be customized and deployed for Indian operations.
  • This press release relates to the proposed business combination involving DSAQ, Hunch Mobility, PubCo, Aeroflow Urban Air Mobility Private Limited (“IndiaCo”) and HTL Merger Sub LLC (“Merger Sub”).
  • The proposed business combination will be implemented solely pursuant to the Business Combination Agreement, which contains the full terms and conditions of the proposed business combination.