Boeing 787 Dreamliner

This Week in Travel News: 10 Stories You Need to See

Retrieved on: 
Friday, September 8, 2023

NEW YORK, Sept. 8, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the travel industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • The opulent newbuild will boast standard staterooms measuring at an astounding 291 square feet, larger than many entry-level suites on some ultra-luxury cruise lines.
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Air Canada Announces Prepayment of Aircraft Related Debt Totalling Approximately $589 Million

Retrieved on: 
Thursday, September 7, 2023

The airline additionally prepaid financings of approximately $127 million supported by the Export-Import Bank of the United States (ExIm) previously used by the company to help fund its acquisition of four Boeing 787-8 aircraft.

Key Points: 
  • The airline additionally prepaid financings of approximately $127 million supported by the Export-Import Bank of the United States (ExIm) previously used by the company to help fund its acquisition of four Boeing 787-8 aircraft.
  • "One of Air Canada's top priorities following the pandemic is to deleverage and since late last year we have now pre-paid approximately $1.87 billion in debt.
  • The prepayment for the financed aircraft was achieved via:
    a full prepayment of the remaining loans under Air Canada's 2020 credit facility with EDC for the acquisition of Airbus A220-300 aircraft, and
    a partial prepayment of Air Canada's financing arrangements supported by ExIm for the acquisition of four Boeing 787-8 aircraft.
  • As a result of the prepayments, these aircraft will be added to Air Canada's unencumbered asset pool, bringing the total to approximately $6.3 billion, excluding Aeroplan.

Xiamen Airlines to Launch New Routes from Beijing and Xiamen to Doha

Retrieved on: 
Thursday, September 7, 2023

XIAMEN, China, Sept. 7, 2023 /PRNewswire/ -- Xiamen Airlines recently announced that it will launch regular flights between Beijing Daxing and Doha on October 20th and Xiamen-Doha on October 31st.

Key Points: 
  • XIAMEN, China, Sept. 7, 2023 /PRNewswire/ -- Xiamen Airlines recently announced that it will launch regular flights between Beijing Daxing and Doha on October 20th and Xiamen-Doha on October 31st.
  • This marks an important initiative by Xiamen Airlines in implementing the "Belt and Road" initiative, further closing the distance between China and Qatar.
  • With the launch of the new routes, Xiamen Airlines will also engage in comprehensive cooperation with Qatar Airways.
  • Leveraging the resources of Qatar Airways, Xiamen Airlines can extend its network to over 160 global destinations, including Dammam, Lagos, Algiers, etc.

Hawaiian Airlines Begins Ticket Sales for Boeing 787-9 Dreamliner

Retrieved on: 
Wednesday, September 6, 2023

HONOLULU, Sept. 6, 2023 /PRNewswire/ -- Travelers from the Bay Area and Los Angeles planning a Hawaiʻi vacation can be the first to experience the elegant, island-inspired design and comfort of Hawaiian Airlines new Boeing 787-9 Dreamliner aircraft starting next spring. Hawaiʻi's hometown carrier today began ticket sales for its 787 aircraft, which will initially enter service between Hawaiʻi and San Francisco (SFO) and Los Angeles (LAX).

Key Points: 
  • HONOLULU, Sept. 6, 2023 /PRNewswire/ -- Travelers from the Bay Area and Los Angeles planning a Hawaiʻi vacation can be the first to experience the elegant, island-inspired design and comfort of Hawaiian Airlines new Boeing 787-9 Dreamliner aircraft starting next spring.
  • Hawaiʻi's hometown carrier today began ticket sales for its 787 aircraft, which will initially enter service between Hawaiʻi and San Francisco (SFO) and Los Angeles (LAX).
  • In developing its Leihōkū Suites, Hawaiian became the first airline to partner with Adient Aerospace – a joint venture between the Boeing Company and Adient, a world leader in automotive seats.
  • Hawaiian is scheduled to receive the first of 12 Boeing 787-9 Dreamliners in January, with additional deliveries planned through 2027.

Griffin Global Asset Management Announces the Purchase and Leaseback of Four Widebody Aircraft to British Airways

Retrieved on: 
Tuesday, September 5, 2023

DUBLIN, Ireland, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) is pleased to announce the purchase and leaseback of two new Boeing 787-10 aircraft and two new A350-1000 aircraft on long-term lease to British Airways.

Key Points: 
  • DUBLIN, Ireland, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) is pleased to announce the purchase and leaseback of two new Boeing 787-10 aircraft and two new A350-1000 aircraft on long-term lease to British Airways.
  • “Griffin is extremely pleased to welcome British Airways as a new customer with the deliveries of these two 787-10s and two A350-1000s.
  • Our management team has a relationship with British Airways that spans decades, and we look forward to continuing to support their growth for many years to come.
  • The A350 and B787 are core to BA’s fleet renewal program, and these four new fuel-efficient aircraft will assist the group in furthering its agenda to put sustainability at the heart of their business,” said Marc Baer, President of Griffin.

This Week in Transportation News: 13 Stories You Need to See

Retrieved on: 
Friday, August 25, 2023

NEW YORK, Aug. 25, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • Operating at high altitude will provide the aircraft greater survivability and line-of-sight, both essential to help the Army achieve its long-range precision fires modernization priorities.
  • Exclusive to the 2024 Jeep Wrangler, AEV now offers three levels of upfit packages: Upcountry, Upcountry+ and Level II.
  • In addition to these popular releases, several must-read earnings reports crossed the wire this week, including the quarterly results for Greenland Technologies and SaverOne .
  • Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines , for media news roundups, writing tips, upcoming events, and more.

Boom Supersonic Names Global Propulsion Leader as SVP of Symphony™

Retrieved on: 
Tuesday, August 15, 2023

DENVER, Aug. 15, 2023 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, Overture, today announced that Scott Powell has joined as the company's Senior Vice President of Symphony™, the propulsion system for Overture. In this role, Powell will be responsible for leading the development, industrialization, certification, and integration of Symphony. Powell brings nearly four decades of propulsion leadership in some of the world's premier aerospace programs.

Key Points: 
  • Powell brings nearly four decades of propulsion leadership in some of the world's premier aerospace programs.
  • In December 2022, Boom announced the development of the Symphony propulsion system designed and optimized for Boom's Overture supersonic airliner.
  • Prior to joining Boom, Powell spent 38 years at Boeing, which included four years as the Engineering Propulsion Leader for the Dreamliner leading to the 787-8/-9, responsible for propulsion system design, development, test, build, and business management.
  • Most recently, he served as the Propulsion Integrated Product Team (IPT) Leader for the B-52J Commercial Engine Replacement Program.

WORLD FIRST 100% SAF TRANSATLANTIC FLIGHT SETS SIGHTS ON TAKEOFF

Retrieved on: 
Thursday, July 20, 2023

NEW YORK, July 20, 2023 /PRNewswire/ -- Virgin Atlantic and Rolls-Royce today confirm the successful Sustainable Aviation Fuel (SAF) blend ground test on the Rolls-Royce Trent 1000 engine. The test marks a key milestone in the project which will see the world's first 100% SAF flight travel across the Atlantic from London Heathrow to New York JFK on a Boeing 787, set to take off on November 28, 2023.

Key Points: 
  • Already operating one of the most fuel and carbon efficient fleets across the Atlantic, this flight builds on the airline's 15-year track record for leading on SAF.
  • Demonstrating that through radical collaboration, industry can deliver 100% SAF in today's engine, airframes and fuel infrastructure for long haul flight.
  • Virgin Atlantic and the consortium will leverage the 100% SAF transatlantic flight to further SAF use, as well as addressing other environmental impacts of the sector.
  • Andreea Moyes, Global Head of Sustainability, Air bp, said: "We are thrilled to be supplying Sustainable Aviation Fuel for the world's first 100% SAF transatlantic flight.

United Announces Another Pacific Expansion for Fall 2023 Capitalizing on Unique International Strength

Retrieved on: 
Tuesday, July 18, 2023

CHICAGO, July 18, 2023 /PRNewswire/ -- Already the largest U.S. carrier across both the Atlantic and Pacific oceans, United today adds even more flights to the Asia-Pacific region, becoming the first U.S. airline to fly direct to Manila from the continental U.S. and adding more non-stops to Hong Kong, Tokyo, and Taipei. These new flights will start in October.

Key Points: 
  • In total, the airline will fly long-haul flights to 15 different international destinations across the Pacific this winter.
  • Earlier this year, the airline made the largest South Pacific network expansion in aviation history – adding 40% more flights between the U.S. and Australia/New Zealand.
  • With its existing service between Los Angeles and Tokyo/Haneda, United will now connect Los Angeles to both of Tokyo's international airports.
  • Earlier this year, United announced the largest South Pacific network expansion ever to and from the continental U.S.

Norse Atlantic Airways Expands Winter Schedule with New Direct Flights from Miami to Paris and Berlin

Retrieved on: 
Tuesday, July 11, 2023

Norse Atlantic Airways, the pioneering low cost transatlantic airline, is pleased to announce the launch of new flights connecting Miami to Paris beginning December 12th, 2023 and Miami to Berlin beginning December 14th, 2023 as part of its upcoming winter schedule.

Key Points: 
  • Norse Atlantic Airways, the pioneering low cost transatlantic airline, is pleased to announce the launch of new flights connecting Miami to Paris beginning December 12th, 2023 and Miami to Berlin beginning December 14th, 2023 as part of its upcoming winter schedule.
  • View the full release here: https://www.businesswire.com/news/home/20230711116399/en/
    Norse Atlantic Airways expands winter schedule with service from Miami to Paris and Berlin.
  • (Photo: Business Wire)
    With the addition of these new routes, Norse Atlantic Airways continues to strengthen its position as a leading carrier for US passengers seeking affordable European destinations.
  • Thanks to Norse Atlantic, there are now affordable direct air links from Miami to Paris, Berlin, London and Oslo throughout the winter season meaning more travelers will now be able to experience these amazing destinations on both sides of the Atlantic,” said Bjorn Tore Larsen, CEO Norse Atlantic Airways.