Transportation

Avis Budget Group and SK Group’s EverCharge Launch Large-Scale Electric Vehicle Charging Solution at Houston Airport

Retrieved on: 
Thursday, January 26, 2023
Transportation, EV, Electric Vehicles, Automotive, Travel, Air, Transport, Utilities, Alternative Vehicles, Fuels, Alternative Energy, Energy, Fleet Management, Heel, Biophysical environment, Climate change, IAH, Acquisition, Carbon, Government, Power, OEM, SK, Airport, Avis Budget Group, SK Group, EVS, Social, Avis, Partnership, Growth, Houston Airport, Multimedia, Car rental, Renewable energy

Avis Budget Group (Nasdaq: CAR) and EverCharge , an SK Group company and a leading provider of large-scale electric vehicle (EV) charging devices and management systems, has launched a significant number of EV charging stations at the George Bush International Airport (IAH) in Houston, Texas.

Key Points: 
  • Avis Budget Group (Nasdaq: CAR) and EverCharge , an SK Group company and a leading provider of large-scale electric vehicle (EV) charging devices and management systems, has launched a significant number of EV charging stations at the George Bush International Airport (IAH) in Houston, Texas.
  • The EverCharge stations will be unveiled by executives from Avis Budget Group, EverCharge, and SK Group today.
  • View the full release here: https://www.businesswire.com/news/home/20230126005293/en/
    Avis Budget Group and SK Group’s EverCharge Launch Large-Scale Electric Vehicle Charging Solution at Houston Airport (Photo: Business Wire)
    EverCharge’s patented load balancing software, SmartPower, enables large-scale, networked EV charging by managing and controlling electric loads, analyzing the charging patterns of EVs, and intelligently allocating available power based on the individual vehicle’s need.
  • “The collaboration between Avis Budget Group and EverCharge is intended to provide the infrastructure needed for a clear pathway to cleaner forms of transportation for rental customers.”
    Following the launch at the Houston airport, Avis Budget Group and EverCharge plan to extend this partnership to additional airport locations this year.

Getaround Expands Leadership Team, Appoints Brian Jackson as Senior Vice President of Engineering

Retrieved on: 
Thursday, January 26, 2023
Automotive, General Automotive, Apps, Applications, Technology, Transportation, Mobile, Wireless, Travel, Infor, IBM, Mother, Hyperion, Software engineering, NYSE, United States Engineer Regiments in World War II, Software, Cox Enterprises, Iowa State University, Health, Senior, Brio Technology, City, New product development, Computer engineering, Growth, Jackson, Google Workspace, Management, Video game, Engineering

Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, today announced it has hired Brian Jackson as Senior Vice President of Engineering.

Key Points: 
  • Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, today announced it has hired Brian Jackson as Senior Vice President of Engineering.
  • Bringing more than 35 years of experience to Getaround, Jackson took up his new role in January of this year.
  • “Getaround is thrilled to have Brian, a seasoned software and systems engineering executive, join the team,” said Sam Zaid, Getaround CEO.
  • He has also served as Vice President of Engineering for diCarta/Emptoris (acquired by IBM), Vice President of Product Development for Epiphany (acquired by Infor), Vice President of Engineering for Xtime (acquired by Cox Automotive), and as Vice President of Software Engineering for Brio Technology (acquired by Hyperion).

Introducing X1+, the Only Credit Card for Smart Travel

Retrieved on: 
Thursday, January 26, 2023
Consumer Electronics, Electronic Commerce, Technology, Digital Cash Management, Digital Assets, Apps, Applications, Consumer, Personal Finance, Payments, Transportation, Vacation, Lodging, Insurance, Travel, Finance, Security, Banking, Air, Transport, Professional Services, Hardware, Other Consumer, JSX, Stainless steel, Intercontinental, VRBO, Season, Gold, Visa policy of the United States, Sam Houser, Sephora, Privacy, Nike, Apple, Westin Hotels & Resorts, Multimedia, Hotels.com, Payment card, Printed circuit board, Mobile phone, Expedia, Emirates, Hawaiian Airlines, X1

X1, the world’s smartest credit card company and a top 100 credit card issuer in the U.S., today opens the waitlist for X1+ , its newest smart credit card built with travel and premium experiences in mind.

Key Points: 
  • X1, the world’s smartest credit card company and a top 100 credit card issuer in the U.S., today opens the waitlist for X1+ , its newest smart credit card built with travel and premium experiences in mind.
  • (Photo: Business Wire)
    The new smart card will build upon the X1 Card.
  • Like the original X1 Card, X1+ will harness the power of technology to offer smart credit limits, an unparalleled rewards program, and disposable virtual cards that keep your details private and let you take control of your subscriptions.
  • Projecting $100 million in annualized revenue for 2023, X1 is the fastest growing challenger credit card company of all time.

LCI Industries Reports Preliminary Fourth Quarter 2022 Results

Retrieved on: 
Wednesday, January 25, 2023
Recreational Vehicles, Specialty, Transportation, Aftermarket, Automotive, Other Manufacturing, Travel, Other Transport, Retail, Automotive Manufacturing, Transport, Manufacturing, Recreation, Growth, LCI, NYSE, LCII, OEM, Webcast, Video game, RV

LCI Industries (NYSE: LCII) (the "Company") which, through its wholly-owned subsidiary, Lippert Components, Inc., supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation product markets, and the related aftermarkets of those industries, today provided select preliminary, unaudited financial results ranges for the fourth quarter of 2022.

Key Points: 
  • LCI Industries (NYSE: LCII) (the "Company") which, through its wholly-owned subsidiary, Lippert Components, Inc., supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation product markets, and the related aftermarkets of those industries, today provided select preliminary, unaudited financial results ranges for the fourth quarter of 2022.
  • The Company expects net sales in the fourth quarter of 2022 to be in the range of $890 million to $900 million, and loss per diluted share to be in the range of $0.62 to $0.73.
  • “During the fourth quarter, RV OEMs made larger-than-anticipated adjustments to production levels by taking a collective month of production down in order to normalize inventories as retail demand slowed, which had an adverse impact on our results.
  • The Company expects to report complete results for the fourth quarter of 2022 on February 14, 2023.

KAYAK and Affirm Partner to Help Travelers Book Now and Pay Over Time

Retrieved on: 
Wednesday, January 25, 2023
Professional Services, Personal Finance, Vacation, Cruise, Other Travel, Transportation, Lodging, Destinations, Travel, Other Professional Services, Tourist Attractions, Finance, Growth, American Airlines, Multimedia, Partnership, Book, KAYAK, Kayak, GM, Online shopping, Priceline, Affirmation

View the full release here: https://www.businesswire.com/news/home/20230125005267/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230125005267/en/
    According to KAYAK search data , flight prices are up 40% year over year.
  • KAYAK is teaming up with Affirm to make it easier to plan and pay for trips over time this year, empowering even more people to travel.
  • In addition to showing travelers all their options on KAYAK, Affirm gives travelers the ability to plan how they pay,” said Paul Jacobs, GM and VP of KAYAK North America.
  • By offering Affirm at checkout, merchants can reach new customers, drive overall sales, increase average order value and customer repurchase rates.

AV AirFinance Appoints Michael Rubinett to Lead Americas Loan Origination

Retrieved on: 
Wednesday, January 25, 2023
Finance, Air, Transport, Banking, Professional Services, Transportation, Asset Management, Other Professional Services, Travel, AV, BBA, Moses Austin, Business, Aviation, University, KKR, McCombs School of Business, Security (finance), Aircastle

AV AirFinance Limited (“AV AirFinance”), a global commercial aviation loan servicer, announced today that Michael Rubinett has joined its US affiliate, AV AirFinance L.P., as Senior Vice President - Loan Origination (Americas).

Key Points: 
  • AV AirFinance Limited (“AV AirFinance”), a global commercial aviation loan servicer, announced today that Michael Rubinett has joined its US affiliate, AV AirFinance L.P., as Senior Vice President - Loan Origination (Americas).
  • Mr. Rubinett will be responsible for sourcing loan opportunities and developing customer relationships in the Americas.
  • Prior to joining AV AirFinance, he served as Vice President of mba Asset Management.
  • “We are delighted to welcome Michael to our team,” said Stephen Murphy, CEO at AV AirFinance.

Agilysys Fiscal 2023 Third Quarter Revenue Rises 26.5% to Record $49.9M

Retrieved on: 
Tuesday, January 24, 2023
Other Transport, Rail, Maritime, Transport, Other Technology, Software, Networks, Hardware, Data Management, Technology, Mobile, Wireless, Vacation, Other Travel, Cruise, Transportation, Lodging, Destinations, Travel, Bank statement, Investment, PIN, Security (finance), Interest, EBITDA, Table, GAAP, Webcast, Form 10-K, Form, Form 10-Q, Adjustment, Marketing, Growth, Calendar, COVID-19, Cryptocurrency, Video game, Bank, Agilysys

Subscription revenue increased 28.8% year over year and was 49.8% of total recurring revenue compared to 46.4% of total recurring revenue in the third quarter of fiscal 2022.

Key Points: 
  • Subscription revenue increased 28.8% year over year and was 49.8% of total recurring revenue compared to 46.4% of total recurring revenue in the third quarter of fiscal 2022.
  • Free cash flow (non-GAAP) in the fiscal 2023 third quarter was $11.7 million compared to free cash flow of $9.9 million in the fiscal 2022 third quarter (reconciliation included in financial tables).
  • Ramesh Srinivasan, President and CEO of Agilysys, commented, “We are pleased to announce another record revenue quarter.
  • Subscription revenue grew 28.8% while one-time revenue, consisting of product and services revenue, was 38% higher than the comparable quarter last fiscal year.

Dar – the Master Civil Engineer for the Centralny Port Komunikacyjny Airport – Inaugurates Poland Office

Retrieved on: 
Wednesday, January 25, 2023
Architecture, Professional Services, Transportation, Construction & Property, Travel, Engineering, Air, Urban Planning, Transport, Aerospace, Consulting, Manufacturing, LOT, Operation, Warszawa Aleje Jerozolimskie railway station, Consultant, Airport, Jerusalem Avenue, Warsaw, CPK, Aviation, Multimedia, New Central Polish Airport, Airline, Management

On January 16, Dar Al-Handasah Consultants – Dar – inaugurated its new Poland office at Aleje Jerozolimskie 142 B 02-305, Warsaw.

Key Points: 
  • On January 16, Dar Al-Handasah Consultants – Dar – inaugurated its new Poland office at Aleje Jerozolimskie 142 B 02-305, Warsaw.
  • The move comes after the company began its design activities as the Master Civil Engineer on Poland’s new Centralny Port Komunikacyjny (CPK) Airport.
  • View the full release here: https://www.businesswire.com/news/home/20230124005917/en/
    [Right to left] Dar Regional Director of Operations Danny Aoun, Dar Chairman and CEO Talal Shair, HE the Lebanese Ambassador to Poland Reina Charbel, CEO of CPK Mikołaj Wild, and Director of Aviation at CPK Piotr Kasprzyk.
  • And that made it an even greater honour when our company was named the Master Civil Engineer.

Helbiz Announces Over 1300 Pre-Orders Generating over 2.2M $ in future sales

Retrieved on: 
Tuesday, January 24, 2023
Other Transport, Public Transport, Technology, Transport, Other Technology, Public Policy, Government, Transportation, State, Local, Travel, Multimedia, Online shopping, Helbiz, Wheel

View the full release here: https://www.businesswire.com/news/home/20230124005736/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230124005736/en/
    Wheels is a last-mile, shared electric mobility platform whose seated form factor changes the landscape in dockless mobility.
  • In addition to being seated, Wheels devices have a low center of gravity and 14-inch wheels to help navigate uneven pavement surfaces.
  • The strong demand for the Wheels One is a positive sign for Helbiz and the future of micro-mobility private ownership.
  • To pre-order the Wheels One a waiting list is accessible to all interested customers from today on the website (helbiz.com/us/wheelsone).

Save Money While Seeking the Sun: Cost Effective Winter Stays in Egypt

Retrieved on: 
Wednesday, January 25, 2023
Other Travel, Transportation, Lodging, Destinations, Travel, Vacation, Cruise, Tourist Attractions, Luxor Temple, Red Sea, Sinai Peninsula, Food, Valley, Kings, Sphinx, Drink, Research, Egyptian, Diving, Tourism

But, the rising cost of living over the past year could cause many to reconsider whether, or how, they travel.

Key Points: 
  • But, the rising cost of living over the past year could cause many to reconsider whether, or how, they travel.
  • While Egypt has long been on travelers’ radar, thanks to its low-cost of living, it has now become a popular long-stay winter destination.
  • Research collated by the Egyptian Government from a variety of tour operators shows a four-week winter sun stay costs, on average, €1 218 per couple.
  • From Cairo to Luxor, from the beguiling desert to the lush delta of the Nile, Egypt is a traveler's dream.