Transportation

Norse Atlantic Airways unveils new route from New York to Rome

Retrieved on: 
Tuesday, January 24, 2023

Norse Atlantic today announced the launch of a new route from New York (JFK) to the Italian capital city of Rome (FCO).

Key Points: 
  • Norse Atlantic today announced the launch of a new route from New York (JFK) to the Italian capital city of Rome (FCO).
  • View the full release here: https://www.businesswire.com/news/home/20230124005323/en/
    Norse Atlantic Airways now offers five European destinations from the U.S. (Photo: Business Wire)
    The first flight is set to take off from New York to Rome on June 20th at 1:00 am EDT.
  • “We are pleased to welcome Norse Atlantic Airways to Rome Fiumicino,” said Ivan Bassato, Chief Aviation Officer of Aeroporti di Roma.
  • By choosing Rome FCO, Norse Atlantic Airways is another new airline that has recognized the operational excellence of our airport and the great attractiveness of our market.”
    Norse Atlantic offers two cabin choices, Economy and Premium.

44,500 New Aircraft to Be Delivered Over the Next Two Decades, Worth US$2.9 Trillion

Retrieved on: 
Tuesday, January 24, 2023

The new Cirium Fleet Forecast reveals demand for approximately 44,500 new aircraft globally over the next two decades, worth US$2.9 trillion.

Key Points: 
  • The new Cirium Fleet Forecast reveals demand for approximately 44,500 new aircraft globally over the next two decades, worth US$2.9 trillion.
  • The aviation industry’s recovery from the Covid-19 crisis in early 2020, has progressed significantly if unevenly across regions.
  • Rob Morris, Ascend by Cirium’s Global Head of Consultancy, said: “The new Cirium Fleet Forecast shows a positive long-term outlook for aviation.
  • Although the current conversion boom may not persist, it is enabling the replacement of older, less efficient aircraft.

Business Leaders Do Not Trust Each Others' Climate Claims - Inmarsat Research

Retrieved on: 
Wednesday, January 25, 2023

The findings come from a new global, independent research report Accelerating sustainable action through IoT commissioned by the company.

Key Points: 
  • The findings come from a new global, independent research report Accelerating sustainable action through IoT commissioned by the company.
  • However, despite scepticism about the motivations of their peers, most business leaders have faith in their own initiatives: with 81% convinced their company is more sustainable than their competitors.
  • The results suggest that a lack of verifiable hard data – and the willingness to share it – is undermining trust and slowing progress on business sustainability.
  • Survey respondents spanned agriculture, mining, oil & gas, utilities and transport sectors across Europe, North America, South America, Africa and Asia.

Liberty TripAdvisor Holdings to Conduct Quarterly Q&A Conference Call

Retrieved on: 
Wednesday, January 25, 2023

Liberty TripAdvisor Holdings, Inc. (“Liberty TripAdvisor”) (Nasdaq: LTRPA, LTRPB) announced that interested shareholders and analysts are invited to participate in a brief quarterly Q&A session following the completion of the prepared remarks on Liberty Broadband Corporation’s fourth quarter earnings conference call.

Key Points: 
  • Liberty TripAdvisor Holdings, Inc. (“Liberty TripAdvisor”) (Nasdaq: LTRPA, LTRPB) announced that interested shareholders and analysts are invited to participate in a brief quarterly Q&A session following the completion of the prepared remarks on Liberty Broadband Corporation’s fourth quarter earnings conference call.
  • During this Q&A session, management will be accepting questions regarding Liberty Broadband Corporation and Liberty TripAdvisor.
  • All interested participants should visit the Liberty TripAdvisor website at https://www.libertytripadvisorholdings.com/investors/news-events/ir-cale... to register for the webcast.
  • Replays of the call will also be available on the Liberty TripAdvisor website.

Helbiz Hires ShareIntel for Due Diligence, Advancing in Battle Against Illegal Short Selling

Retrieved on: 
Monday, January 23, 2023

Helbiz (NASDAQ: HLBZ), a leading global provider of electric shared micro-mobility solutions, is pleased to announce that it has entered into a service agreement with ShareIntel - Shareholder Intelligence Services, LLC ("ShareIntel") to further assist in their efforts to combat alleged illegal short selling activities on their stock (HLBZ).

Key Points: 
  • Helbiz (NASDAQ: HLBZ), a leading global provider of electric shared micro-mobility solutions, is pleased to announce that it has entered into a service agreement with ShareIntel - Shareholder Intelligence Services, LLC ("ShareIntel") to further assist in their efforts to combat alleged illegal short selling activities on their stock (HLBZ).
  • View the full release here: https://www.businesswire.com/news/home/20230123005660/en/
    Helbiz is a global leader in micro-mobility services.
  • Helbiz uses a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability.
  • David Wenger , President and Chief Executive Officer of ShareIntel , stated, “We look forward to helping Helbiz, Inc identify parties to potential abusive and illegal naked short selling.”
    Helbiz is committed to taking all necessary actions to protect the interests of its shareholders, and will continue to work with ShareIntel and other partners to combat illegal short selling and restore fair market conditions.

Arajet Announces Partnership with Iké to Launch Arajet Travel Assist

Retrieved on: 
Friday, January 20, 2023

Arajet, the low fare airline in the Caribbean, today announced a partnership with iké, leader in the design and implementation of insurance solutions in Latin America, to develop Arajet Travel Assist, an insurance program that seeks to optimize the travel experience of Arajet passengers.

Key Points: 
  • Arajet, the low fare airline in the Caribbean, today announced a partnership with iké, leader in the design and implementation of insurance solutions in Latin America, to develop Arajet Travel Assist, an insurance program that seeks to optimize the travel experience of Arajet passengers.
  • View the full release here: https://www.businesswire.com/news/home/20230120005269/en/
    Arajet Travel Assist plans include international coverage for online medical consultations, medical visits, ambulance services, delivery of medicines, funds advancement, legal services for theft or loss of documents, and concierge services, among others.
  • “Partnering with iké will allow our passengers to enjoy an improved travel experience, with a robust assistance service adapted to their needs, 24 hours a day, 7 days a week,” said Víctor Pacheco, CEO, and founder of Arajet.
  • "Now our clients will travel with the peace of mind of having the support to face the inconveniences that may arise during international travel."

Helbiz Evaluates Investigation into Illegal Trading of Stock

Retrieved on: 
Friday, January 20, 2023

Helbiz (NASDAQ: HLBZ), a leading global provider of electric shared micro-mobility solutions, announced today that its Board of Directors has begun examining measures to address the alleged illegal short selling of its stock (HLBZ).

Key Points: 
  • Helbiz (NASDAQ: HLBZ), a leading global provider of electric shared micro-mobility solutions, announced today that its Board of Directors has begun examining measures to address the alleged illegal short selling of its stock (HLBZ).
  • The Company believes that certain individuals and/or companies may have engaged in illegal short selling practices that have artificially depressed the stock price.
  • Salvatore Palella, CEO of Helbiz, has disclosed that he will meet with third parties that have indicated interest in working with Helbiz to resolve the potential short selling issue.
  • The recent underperformance of our shares compared to the market is a clear indication of the illegal short selling activities that have taken place.” - Salvatore Palella, CEO of Helbiz.

Azolla Hydrogen Commissions AZ225 Biodrome Onsite Hydrogen Production Unit

Retrieved on: 
Friday, January 20, 2023

Azolla Hydrogen is pleased to announce the successful commissioning of the AZ225 Biodrome unit , which is now fully operational.

Key Points: 
  • Azolla Hydrogen is pleased to announce the successful commissioning of the AZ225 Biodrome unit , which is now fully operational.
  • The AZ225 unit will be capable of producing 225kg of hydrogen per day utilizing a modest footprint of 424sq.ft.
  • The unit combines Azolla Hydrogen’s Biodrome technology with a 400 Bar Neuman & Esser compressor creating a seamless and efficient system.
  • “The AZ225 Biodrome unit represents a major step forward in producing and delivering low-carbon hydrogen fuel.

Lyft To Announce Fourth Quarter 2022 Financial Results

Retrieved on: 
Friday, January 20, 2023

Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the fourth fiscal quarter of 2022 after the close of the market on Thursday, February 9, 2023.

Key Points: 
  • Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the fourth fiscal quarter of 2022 after the close of the market on Thursday, February 9, 2023.
  • On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights.
  • To listen to a live audio webcast, please visit the Company’s Investor Relations page at https://investor.lyft.com/ .
  • The archived webcast will be available on the Company’s Investor Relations page shortly after the call.

Sky Harbour Group Corporation Announces Expansion of Dallas-Area Hangar Campus

Retrieved on: 
Thursday, January 19, 2023

Under the amended ADS lease, Sky Harbour’s rentable square footage at ADS will grow to approximately 195,000.

Key Points: 
  • Under the amended ADS lease, Sky Harbour’s rentable square footage at ADS will grow to approximately 195,000.
  • Tal Keinan, Chairman and Chief Executive Officer, commented, “Dallas is among the largest business jet hubs in the country and one of Sky Harbour’s strongest markets.
  • Sky Harbour’s Miami Opa-Locka Executive Airport (“OPF”) campus is in Operational Certification testing, with opening planned for early February.
  • Sky Harbour recently broke ground on new campuses at Denver Centennial Airport (“APA”) and Phoenix Deer Valley Airport (“DVT”).