Air

Accel-KKR Completes Acquisition of Navis

Retrieved on: 
Friday, July 2, 2021

Navis, together with Accel-KKR, is well-positioned to accelerate organic and strategic investments to bring greater efficiency, control and predictability to ocean and landside logistics through advanced technology.

Key Points: 
  • Navis, together with Accel-KKR, is well-positioned to accelerate organic and strategic investments to bring greater efficiency, control and predictability to ocean and landside logistics through advanced technology.
  • The acquisition marks a thrilling new chapter for the entire Navis team and our customers we proudly serve around the world, said Benoit de la Tour, President and CEO, Navis.
  • Accel-KKRs acquisition, which will complete the transfer of all business units by the end of 2021, includes Navis full software portfolio, including N4, Master Terminal and Octopi by Navis terminal operating systems (TOS), Navis Carrier & Vessel Solutions (NCVS), as well as Navis Rail Intermodal TOS and Freight Rail Planning & Scheduling, powered by Biarri Rail.
  • Through its holistic approach to operational optimization, Navis customers benefit from improved visibility, velocity and measurable business results.

AirportShuttles.com Announces Launch of New Automated Software

Retrieved on: 
Thursday, July 1, 2021

About the companys new software launch, AirportShuttles.com CEO Bryan Williamson said, After spending 2.5 years rebuilding our proprietary software, weve automated our entire system for worldwide providers who want to add their vehicles and rates to our website and gain access to customers who are making instant, prepaid reservations.

Key Points: 
  • About the companys new software launch, AirportShuttles.com CEO Bryan Williamson said, After spending 2.5 years rebuilding our proprietary software, weve automated our entire system for worldwide providers who want to add their vehicles and rates to our website and gain access to customers who are making instant, prepaid reservations.
  • We focused on making our system work for our providers, even down to our automated invoicing and payments.
  • The new automated software & updated supplier program brings significant benefits to member companies and drivers such as:
    Complete self-managed control of vehicle information, rates and inventory, cancellation and rides processing, bookings management, wait times & availability, pricing currency conversion, several rate options, and meet and greet services.
  • Quick payments for completed reservations 2 weeks versus the industry standard 4 weeks.

Virgin Galactic Announces First Fully Crewed Spaceflight

Retrieved on: 
Thursday, July 1, 2021

The Unity 22 mission will be the twenty-second flight test for VSS Unity and the Companys fourth crewed spaceflight.

Key Points: 
  • The Unity 22 mission will be the twenty-second flight test for VSS Unity and the Companys fourth crewed spaceflight.
  • The livestream will be available to watch on Virgin Galactic.com and will be simulcast on the Virgin Galactic Twitter , YouTube , and Facebook channels.
  • The flights four mission specialists will be:
    Beth Moses, Chief Astronaut Instructor at Virgin Galactic.
  • Virgin Galactic Holdings, Inc. is a vertically integrated aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles.

ATSG Announces New President of Airline Subsidiary Omni Air International

Retrieved on: 
Thursday, July 1, 2021

Air Transport Services Group, Inc., (NASDAQ: ATSG) today announced that Omni Air International, LLC, an airline subsidiary of ATSG, has appointed Dan Orcutt as president of the passenger airline, effective immediately.

Key Points: 
  • Air Transport Services Group, Inc., (NASDAQ: ATSG) today announced that Omni Air International, LLC, an airline subsidiary of ATSG, has appointed Dan Orcutt as president of the passenger airline, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20210701005926/en/
    Dan Orcutt has been named President of Omni Air International.
  • Omni Air International, LLC is an FAR Part 121 and IOSA registered airline headquartered at Tulsa International Airport in Tulsa, Oklahoma.
  • ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Airborne Maintenance and Engineering Services, Inc., including its subsidiary, Pemco World Air Services, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Omni Air International, LLC.

Blackbird Capital II LLC Closes $745,000,000 Aircraft Secured Notes to Refinance Existing Warehouse Debt

Retrieved on: 
Thursday, July 1, 2021

Blackbird Capital II LLC (Blackbird) announced today that Blackbird Capital II Aircraft Lease Limited (BBIRD Cayman) and Blackbird Capital II Aircraft Lease US LLC (BBIRD USA, and collectively, the "Issuers") have closed a $745,000,000 Fixed Rate Notes offering, comprised of US$630,000,000 of 2.443% Series A Fixed Rate Notes ("Series A Notes") and US$115,000,000 of 3.446% Series B Fixed Rate Notes ("Series B Notes", and together with the Series A Notes, the Notes).

Key Points: 
  • Blackbird Capital II LLC (Blackbird) announced today that Blackbird Capital II Aircraft Lease Limited (BBIRD Cayman) and Blackbird Capital II Aircraft Lease US LLC (BBIRD USA, and collectively, the "Issuers") have closed a $745,000,000 Fixed Rate Notes offering, comprised of US$630,000,000 of 2.443% Series A Fixed Rate Notes ("Series A Notes") and US$115,000,000 of 3.446% Series B Fixed Rate Notes ("Series B Notes", and together with the Series A Notes, the Notes).
  • The Notes are backed by a portfolio of 18 aircraft (the "Aircraft") which will be acquired by the Issuers.
  • Air Lease Corporation and its Irish affiliate, ALC Aircraft Limited, will act as servicers with respect to the Aircraft.
  • Proceeds from the issuance of the Notes will be used by the Issuers to refinance the existing warehouse loans and/or acquire the Aircraft.

LIFT Academy Enters a Strategic Workforce Development Relationship with Cape Air, Providing an Aviation Career Pathway and Airline Flow Program

Retrieved on: 
Thursday, July 1, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210701005862/en/
    This relationship enables LIFT Academy and Cape Air to promote workforce development in aviation and provide greater opportunity for pathways to commercial airline careers.
  • LIFT Academys graduates will have an opportunity to benefit from Cape Airs rigorous training program while working toward ATP flight hour requirements.
  • The relationship between LIFT Academy and Cape Air builds on existing synergies of the two aviation organizations.
  • About LIFT Academy: Leadership In Flight Training (LIFT) Academy is a U.S.-based commercial aviation pilot training school owned and operated by Republic Airways.

Revenue Technology Services (RTS) Announces the Next Major Release of the Cargo Solutions Suite

Retrieved on: 
Thursday, July 1, 2021

We are quite excited and very pleased to announce about the upcoming 2021 maintenance release of the Cargo Solutions suite.

Key Points: 
  • We are quite excited and very pleased to announce about the upcoming 2021 maintenance release of the Cargo Solutions suite.
  • The release includes major technology upgrades and various product specific enhancements across our solutions including Velocity (our revenue management solution), AcceleRate (our pricing solution) and Foresight (our revenue planning and sales budgeting solution).
  • Revenue Technology Services (RTS) offers solutions and services that help our customers to increase their margins, improve their customer experience, enhance productivity of their employees, and support their growth.
  • RTS is aimed at the Airline, Cruise Ferry, Rail and Coach verticals that include analytics, software solutions, consulting and education services, operations research capabilities, technology services and IT development support.

APG Announces the Retirement of Mike Caflisch

Retrieved on: 
Thursday, July 1, 2021

Aircraft Performance Group, LLC (APG), a global leader in flight operations support services and part of the AFV Partners Aviation Vertical, today announced that Mike Caflisch is retiring effective July 1, 2021.

Key Points: 
  • Aircraft Performance Group, LLC (APG), a global leader in flight operations support services and part of the AFV Partners Aviation Vertical, today announced that Mike Caflisch is retiring effective July 1, 2021.
  • Serving APG as its CEO from 2014 to 2020, Caflischs career spanned 40 years in various positions as an engineer and business executive.
  • On behalf of AFV and the Aviation Vertical, I want to thank Mike for seamlessly and successfully transitioning the business to the extended leadership team.
  • APG operates a SaaS business model focused on the corporate and business aviation segment of the aerospace industry.

GE Digital Joins With Airbus and Delta TechOps in Digital Alliance for Fleet Health Monitoring and Diagnostics Solutions

Retrieved on: 
Thursday, July 1, 2021

GE Digital today announced that it joined the aviation Digital Alliance an expanding partnership initiated by Airbus and Delta TechOps in 2019.

Key Points: 
  • GE Digital today announced that it joined the aviation Digital Alliance an expanding partnership initiated by Airbus and Delta TechOps in 2019.
  • With GE Digitals added analytics capabilities and systems portfolio covering Airbus as well as non-Airbus OEM aircraft, airlines will further benefit from cross-fleet health monitoring and diagnostics, reliability analysis, and predictive maintenance analytics.
  • Andrew Coleman, Senior Vice President & General Manager Aviation Software at GE Digital commented: We look forward to bringing our analytics capabilities and significant coverage of aircraft parts to the aviation Digital Alliance, together with Airbus and Delta TechOps.
  • Lionel Rouby, Senior Vice President, Customer Services Innovation & Digital Solutions at Airbus said: We are delighted to welcome GE Digital into the aviation Digital Alliance.

JetBlue Promotes Amy Burr to President, JetBlue Technology Ventures

Retrieved on: 
Thursday, July 1, 2021

JetBlue (NASDAQ: JBLU) today announced that Amy Burr has been named president of the companys wholly owned venture capital subsidiary, JetBlue Technology Ventures (JTV).

Key Points: 
  • JetBlue (NASDAQ: JBLU) today announced that Amy Burr has been named president of the companys wholly owned venture capital subsidiary, JetBlue Technology Ventures (JTV).
  • Burr has been a leader in creating, sourcing and implementing innovative technology in the travel space for the last 21 years.
  • JetBlue Technology Ventures invests in and partners with early stage startups innovating in the travel, transportation and hospitality industries.
  • Founded in 2016, JetBlue Technology Ventures is a wholly owned subsidiary of JetBlue (NASDAQ: JBLU) and is located in Silicon Valley, California.