WheelTug Enter the Russian Market

Jun 25, 2018

WheelTug Enter the Russian Market

GIBRALTAR, June 25, 2018 (GLOBE NEWSWIRE) — WheelTug plc, the innovative aircraft electric taxi company, announced today the signing of two Russian airlines. The slot agreement is for several dozen narrowbody aircraft.  The airlines have chosen to make their own announcements at a future date.

The additions bring the total number of WheelTug systems reserved to well over 1,100.  Worldwide, WheelTug have now agreed terms with more than two dozen airlines; the Russian airlines are the fifth and sixth WheelTug signings of 2018.

The WheelTug system consists of high-performance electric motors, installed in the nose gear wheels of an aircraft, which provide complete mobility and enhanced autonomy while on the ground.  Pilots can drive both pushback and taxi operations without needing to rely on tugs or the aircraft’s jet engines.  WheelTug will make ground operations more efficient and also more dependable, leading to reduced fuel and maintenance costs as well as improved fleet utilization.

WheelTug CEO Isaiah Cox said, “We greatly appreciate these airlines selecting WheelTug systems to help deliver savings in time, fuel, and maintenance expenses.”

About WheelTug plc
Based in Gibraltar, WheelTug plc are developing the WheelTug aircraft electric drive system. A full listing of WheelTug partner companies and airline customers is on the company’s website at http://www.wheeltug.gi.

Forward-looking statement at http://www.wheeltug.gi/fls.shtml

For more information:

Jan Vana
Director ♦ WheelTug plc
+420 724 276 506 ♦ +1 410 419 0082
exec@wheeltug.gi  ♦ www.wheeltug.gi


Source: Av News Feed

Read More

Synthetic Aperture Radar in Space Sector Market worth $4bn by 2024: Global Market Insights, Inc.

Jun 25, 2018

Synthetic Aperture Radar in Space Sector Market worth bn by 2024: Global Market Insights, Inc.

Synthetic Aperture Radar (SAR) in Space Sector Market Size By Frequency Band, By Application, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Finland, Italy, Spain, Russia, China, India, Japan, Singapore, South Korea, Argentina, Israel, Turkey), Growth Potential, Price Trends, Competitive Market Share & Forecasts to 2024

Sellbyville, Delaware, June 25, 2018 (GLOBE NEWSWIRE) —

SAR in Space Sector Market is slated to cross USD 4 billion by 2024; according to a new research report by Global Market Insights, Inc. Remote sensing solutions for developing high resolution imagery for applications of earth observation, weather monitoring, biomass measurement, space exploration, and ocean monitoring is expected to provide strong growth opportunity for SAR in space sector market. Moreover, capability of these systems to perform efficiently, even in absence of light and cloudy weather conditions will inadvertently propel the industry growth.

Europe accounted for the largest share in 2017, is expected to cross USD 2 billion by 2024. This can be credited to the high number of projects in Russia, Germany, the UK, and Finland. Moreover, high emphasis of European Space Agency (ESA) on navigation, earth observation, scientific program, technology support, and situational awareness has significantly contributed to the industry growth. According to the ESA budget for 2018, over 52% of the assigned budget capital was dedicated towards these activities, driving the SAR in space sector market growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2670

Growing commercialization of imagery data obtained through these satellites are among the major trend gaining traction in the SAR in space sector market. Requirement to capitalize on these business opportunities has in turn led to intense competitive scenario among the industry participants. For instance, in October 2015, U.S. Department of Commerce (DoC) provided the license to XpressSAR Inc. to operate commercial and private space based synthetic aperture radar sensing system. It was the first wholly U.S. owned company approved to operate constellation of four commercial X-Band radar satellites.

High development, deployment costs and complexity in proper utilization of the obtained image data are expected to remain the prominent growth inhibitor of the SAR in space sector market through the forecast period. Moreover, large space footprint and heavy weight architecture also contribute to the overall costing of these satellite missions impacting the industry growth negatively.

Industry participants are expected to increasingly emphasize on the size and weight reduction of space borne radar systems and enhance the overall image resolution to gain competitive edge over their immediate competitors. For instance, Iceye launched its first micro-satellite with synthetic aperture radar featured with the ability to generate two and three-dimensional imagery in January 2018. These technological advancements are expected to provide strong growth prospects to the SAR in space sector market over the forecast timeframe.

Browse key industry insights spread across 250 pages with 193 market data tables & 11 figures & charts from this 2018 report Synthetic Aperture Radar (SAR) in Space Sector Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/synthetic-aperture-radar-sar-in-space-sector-market

Single frequency band contributed the largest industry share in 2017, owing to its conventional applications in the military operations. X band was the largest frequency bandwidth in utilization in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to its extensive applications in geographical mapping, military surveillance and reconnaissance.

Research & commercial applications are expected to witness inorganic growth over the forecast timeframe. Significant growth opportunity in the disaster management, weather updates, meteorology, navigation and natural resource exploration are among the dominant end use that will provide the strong growth prospects to the SAR in space sector market. For instance, multiple constellation projects in Canada are expected to largely focus on the maritime navigation and ocean surveillance for tracking the trade and transport in the North Atlantic Ocean.

Global SAR in space sector market share is highly consolidated owing to the requirement of high initial cost, exceptionally skilled workforce, and multiple regulatory compliances. Major industry participants include Airbus SE, BAE Systems, Capella, Harris Corporation, Iceye, Israel Aerospace Industries, Lockheed Martin Corporation, MDA Information Systems, Northrop Grumman Corporation, Raytheon Company, Thales Group, and Uthercast.

Industry participants are expected to focus on the development of multi-constellation projects for providing the global image information with updates ranging from hourly to daily basis. For instance, Capella Space is expected to complete deployment of 31 constellations by 2020 to provide hourly updates on the earth observation imagery data by the space borne synthetic aperture radars.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2670

Browse Related Reports:

Commercial Satellite Launch Service Market Size By Orbit (LEO, MEO, GEO, HEO), By Size (Large, Medium, Small, Micro), By Application (Navigational, Communication, Reconnaissance, Weather Forecasting, Remote Sensing) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Russia, China, Japan, India, New Zealand, Korea), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

https://www.gminsights.com/industry-analysis/commercial-satellite-launch-service-market

Aerospace & Defense Fluid Conveyance Systems Market Size By Aircraft (Commercial Aircraft, Regional Jet, Business Jet, Helicopter, Military Aircraft), By Fluid (Fuel, Pneumatic, Hydraulic), By Component (Hoses, Couplings, Ducts, Seals), By Distribution Channel (OEM, Aftermarket), By Application (Engine, Airframe) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, Netherlands, Sweden, China, India, Japan, South Korea, Singapore, Australia, Brazil, Mexico, Argentina, Saudi Arabia, Qatar, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

https://www.gminsights.com/industry-analysis/aerospace-defense-fluid-conveyance-systems-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. 

CONTACT: Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs  


Source: Av News Feed

Read More

Air Lease Corporation Announces Lease Placement of Two Airbus A320-200neo Aircraft with SAS

Jun 20, 2018

Air Lease Corporation Announces Lease Placement of Two Airbus A320-200neo Aircraft with SAS

LOS ANGELES, June 20, 2018 (GLOBE NEWSWIRE) — Air Lease Corporation (NYSE:AL) (“ALC”) announced long-term lease agreements with SAS for two new CFM LEAP-1A26-powered Airbus A320-200neo aircraft scheduled for delivery in November 2019 and April 2020.

“We are pleased to announce this new lease placement with SAS,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC looks forward to building our long-term relationship with SAS as they continue to add new aircraft to modernize their fleet and grow their network, as well as maximize their competitive advantage in the market.”

Marc Baer, Air Lease Corporation’s Executive Vice President added, “ALC expects these two Airbus A320-200neo aircraft additions will be key to SAS as the airline continues to enhance their fleet operations and provide their passengers with elevated comfort and excellent service.” 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates.  Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law.  Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

About Air Lease Corporation (NYSE:AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.  ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.  For more information, visit ALC’s website at www.airleasecorp.com.

About SAS

SAS carries more than 30 million passengers annually and is Scandinavia’s leading airline with close to 800 daily flights on 272 routes to 123 destinations in Scandinavia, Europe, USA and Asia. SAS is a member of Star Alliance™ and can together with its partner airlines offer more than 18,400 daily flights to 1,300 destinations around the world in over 190 countries. SAS is listed at the stock exchanges in Stockholm, Copenhagen and Oslo. For more information, visit www.sasgroup.net.

Investors:

Mary Liz DePalma
Assistant Vice President, Investor Relations
Email: mdepalma@airleasecorp.com

Media:

Laura Woeste
Manager, Media and Investor Relations
Email: lwoeste@airleasecorp.com


Source: Av News Feed

Read More

Air Europa SUMA Expands Partnership With Points To Enhance Loyalty Program

Jun 19, 2018

Air Europa SUMA Expands Partnership With Points To Enhance Loyalty Program

Air Europa’s loyalty program leverages Points Travel services for members to gain access to over 300,000 hotels

TORONTO, June 19, 2018 (GLOBE NEWSWIRE) — Points (TSX:PTS) (Nasdaq:PCOM), the global leader in powering loyalty commerce, today announced that it has expanded its partnership with Air Europa SUMA, the loyalty program of Air Europa, to leverage Points Travel services, the industry leading white label hotel platform for access to over 300,000 hotels at the click of a button.

Through a single integration with Points’ Loyalty Commerce Platform, which powers Points Travel services, Air Europa SUMA’s members now have the ability to earn or redeem miles when booking on over 300,000 hotels across the globe. This significant program enhancement follows a successful partnership launch in 2017 with Points, when Air Europa SUMA leveraged Points’ platform to offer its program members the ability to buy miles to redeem for flights with Air Europa or its partner airlines.

“This is a great opportunity for our Loyalty Program to incorporate Points’ hotel booking services to be able to offer more benefits and Miles to our customers,” said Sandra Lenis, Senior VP Product & Customer at Air Europa. “Air Europa SUMA is one of the most generous Frequent Flyer Programs around the world, and there is no doubt that Points Travel services will bring additional successful services to engage our shared customers.”

“As Air Europa SUMA is a relatively new program, we are delighted that they chose Points to partner with to support their impressive growth. Through a single integration into our Loyalty Commerce Platform they have the ability to add multiple products to their program without the hassle of working with multiple organizations,” said Rob MacLean, CEO of Points. “This partnership should empower Air Europa SUMA’s members to do more with their miles. We look forward to continuing to support their program growth, leveraging our platform to power new features and offering more flexibility to members for many years to come.”

Points Travel can be quickly integrated into any loyalty program’s web and mobile properties to create a highly-converting, travel eCommerce offering that is program-branded and leverages the capabilities of the Points Loyalty Commerce Platform. The user experience is simple and intuitive, taking members from consideration to purchase in just a few clicks, ultimately rewarding members with thousands of points or miles as well as being able to redeem points for bookings at thousands of hotels and car rental companies around the world.

For more information, visit the Air Europa implementation of the Points Travel platform at – https://sumahotels.pointshound.com

About Points International
Points, (TSX:PTS) (Nasdaq:PCOM), provides loyalty e-commerce and technology solutions to the world’s top brands to power innovative services that drive increased loyalty program revenue and member engagement. Currently, the Company has a growing network of nearly 60 global loyalty programs integrated into its unique Loyalty Commerce Platform. Points offers three core private or co-branded services: its Loyalty Currency Retailing service sells loyalty points and miles directly to consumers; its Platform Partners service offers developers transactional access to dozens of loyalty programs and their hundreds of millions of members via a package of APIs; and its Points Travel service helps loyalty programs increase revenue from hotel and car rental bookings while offering members more opportunities to earn and redeem loyalty rewards more broadly. Points is headquartered in Toronto with offices in San Francisco and London.

For more information, visit company.points.com, follow Points on Twitter (@PointsLoyalty) or read the Points blog. For Points’ financial information, visit investor.points.com.

About Air Europa
Air Europa is a member of the SkyTeam alliance, formed by 20 airlines that provide access to a global network with over 16,270 daily flights to 1,057 destinations in 179 countries. The Air Europa fleet is one of the most modern in Europe. It consists of 51 aircraft with an average age of less than 4 years old. The company is part of the Globalia Group, the largest Spanish tourism conglomerate, and it is a leader in environmental conservation processes. In 2011, a report by the German environmental organization Atmosfair described Air Europa as “the world’s most efficient airline in short and medium-distance routes”. In 2017, Air Europa transported more than 10.3 million passengers.

More information about Air Europa can be found on its official website www.aireuropa.com or its social media accounts on Facebook, Twitter, Linkedin and Instagram.

CONTACT
Points Media Relations
Catherine Lowe
Catherine.lowe@points.com
+1 649-539-1310 


Source: Av News Feed

Read More

GoFly Honors Top Designs in Development of Personal Flying Device

Jun 14, 2018

GoFly Honors Top Designs in Development of Personal Flying Device

Boeing-Sponsored Initiative Awards Ten Prizes of $20,000 to Phase I Winners As Part of Two-Year, $2 Million International Incentive Competition

NEW YORK, June 14, 2018 (GLOBE NEWSWIRE) — The GoFly Prize, a two-year, $2 million international competition to create a personal flying device, today announced the 10 winners of Phase I of the challenge. The 10 winning designs earned the highest marks from GoFly’s panel of industry expert judges who reviewed hundreds of designs from teams around the world looking to create a personal flying device that can safely be used by anyone, anywhere. With Boeing as Grand Sponsor, the competition launched in September 2017, and since then, has rallied thousands of innovators from around the world to participate.

The winners are in alphabetical order (by Flying Device Name):

  • Blue Sparrow: Blue Sparrow, United States
  • ERA Aviabike: Aeroxo AC, Latvia
  • Flykart2: Trek Aerospace, United States
  • Harmony: Texas A&M University, United States
  • HummingBuzz: Georgia Tech, United States
  • Leap: Leap, United Kingdom
  • Mamba: Mamba, United States
  • Pegasus I: Scoop, United States
  • Silverwing: Silverwing, The Netherlands
  • teTra 3: teTra, Japan

Never before — in the history of human mobility — has a competition of this size and scale been achieved. GoFly is a community comprised of almost 3,000 innovators across 95 countries, and the 10 winning teams from Latvia, the Netherlands, Japan, United Kingdom and the United States, underscore the competition’s truly international scope. Each winning design lays the foundation for a prototype that will safely carry a person 20 miles without refueling or recharging with vertical, or near vertical take-off and landing capability.

“This is the most significant milestone to date in the trajectory of the GoFly Prize, and a major moment for the future of transportation. We have had innovators from every region of the globe submit designs that will bring personal flying devices to the public,” said GoFly CEO Gwen Lighter. “In launching the competition, we wanted to inspire the world’s greatest inventors and builders to create a device that will make people fly. These innovators are reshaping human mobility and will change the world.”

Submissions for the awards ended on April 18, 2018, which also marked the official close of Phase I of the competition; Innovators are now in the process of turning their designs into fully-functioning flying devices. Teams do not need to have submitted a design for the Phase I in order to compete in Phase II — and engineers, designers, and builders from around the world are all encouraged to join the GoFly Prize and turn their ideas into reality. Along with additional details about the winning teams, each design can be viewed at GoFlyPrize.com.

“The winning designs of Phase I demonstrate that there are still creative, bold innovators worldwide who are captivated and inspired by powered flight,” said Boeing Chief Technology Officer Greg Hyslop. “The ingenuity of these ideas shows how the GoFly Prize competition aligns to Boeing’s mission of changing the world through aerospace innovation. We’re looking forward to seeing these innovators turn their ideas into reality.”

Now that the first prizes have been awarded, GoFly will continue to award almost $2 million over the next 16 months: Phase II awards will include four $50,000 prizes awarded to teams with the best prototypes in March 2019; and Phase III will unveil the Grand Prize Winner, awarded at the Final Fly-Off in the fall of 2019. The final Fly-Off will be judged by a team of experts from Boeing and other leading organizations.
                                                                                               
For more information about The GoFly Prize, or to sign up for the competition, please visit http://www.goflyprize.com.
                                                                                               
About The GoFly Prize
The GoFly Prize is a $2 million, two-year international incentive competition to create a personal flying device that can be safely used by anyone, anywhere. With Boeing as its Grand Sponsor, The GoFly Prize provides teams with expertise, mentorship, prizes and global exposure as they compete to create the world’s first safe, ultra-compact, urban-compatible personal flying device. The multi-phase competition encourages competitors from around the world to participate in making the dream of human flight a reality. For more information, visit http://www.goflyprize.com.
                                                                                               
About Boeing
Boeing is the world’s largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. As America’s biggest manufacturing exporter, the company supports airlines and U.S. and allied government customers in more than 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.
                                                                                               
Contact
LaunchSquad for GoFly
Mike Schroeder
212-564-3665
gofly@launchsquad.com   


Source: Av News Feed

Read More

Going Global in Orlando! Spirit Airlines Announces Major International Expansion

Jun 14, 2018

Going Global in Orlando! Spirit Airlines Announces Major International Expansion

Nine new international destinations and five new domestic routes begin in September 2018

MIRAMAR, Fla., June 14, 2018 (GLOBE NEWSWIRE) —  From a tranquil rain forest, to a bustling metropolis, to the crystal waters of the Caribbean, the options for exotic culture and cuisine are endless as Spirit Airlines (NYSE:SAVE) grows immensely in Orlando!  In an unprecedented expansion, starting October 4, 2018, Spirit will begin offering international service from Orlando International Airport (MCO) to 11 new destinations in Latin America and the Caribbean, as well as 3 more domestic routes rolling out through the fall.  The announcement marks one of the largest expansions in the airline’s history and includes service to the U.S. territories of Puerto Rico and the U.S. Virgin Islands.

With this announcement, Spirit will now provide additional service from Orlando to eight countries and two U.S. territories.  It comes just days after the airline announced new routes from Orlando to Asheville and Greensboro, North Carolina, as well as Myrtle Beach, South Carolina.  Spirit will now provide the Orlando region with nonstop service to and from 38 destinations, with up to 49 daily flights across the U.S., the Caribbean, and Latin America.

“We have been proud to serve Orlando for 25 years, and after more than doubling service last year, we are so proud to be expanding there yet again,” said Bob Fornaro, Spirit’s Chief Executive Officer.  “Orlando is now one of our largest markets, and we have no plans on stopping our growth.  The region is not only a wonderful, family-friendly destination, but it is well-positioned to now serve as a gateway to the Carribean and Latin America.”

“Spirit Airlines has a long history here at Orlando International Airport, and today’s announced plans for more investment into this market are a direct reflection of that long-time business partnership,” said Stan Thornton, Chief Operating Officer of the Greater Orlando Aviation Authority.

Orlando to/fromStarts:Frequency:
Aguadilla, Puerto Rico (BQN)October 4Daily
Guatemala City, Guatemala (GUA)*October 44x weekly
Panama City, Panama (PTY)*October 44x weekly
Santo Domingo, Dominican Republic (SDQ)*October 44x weekly until Nov. 7
Daily from Nov. 8
San Pedro Sula, Honduras (SAP)*October 52x weekly
San José, Costa Rica (SJO)*October 54x weekly until Nov. 7
Daily from Nov. 8
San Salvador, El Salvador (SAL)*October 62x weekly
Bogota, Colombia (BOG)*ǂNovember 8Daily
St. Thomas, USVI (STT)November 83x weekly
Medellin, Colombia (MDE)*November 92x weekly
Cartagena, Colombia (CTG)*November 102x weekly
Asheville, North Carolina (AVL)September 73x weekly until Nov. 7 
4x weekly from Nov. 8
Greensboro, North Carolina (GSO)September 73x weekly until Nov. 7
4x weekly from Nov. 8
Myrtle Beach, South Carolina (MYR)November 102x weekly

With Spirit’s expanding network, the airline continues to improve its on-time performance and Guest satisfaction, while building upon its larger commitment to invest in the Guest experience.  The airline recently announced that state-of-the-art high-speed Wi-Fi connectivity will be installed on its entire fleet by summer of 2019.  Recent Department of Transportation data shows Spirit Airlines among the top carriers for on-time performance and baggage handling.  Guests can learn more about Spirit’s pledge to keep improving at InvestInTheGuest.com. To check out Spirit’s super low fares and vacation packages to the Caribbean, Latin America and other destinations head to spirit.com, and don’t forget to sign up to receive alerts on Spirit’s email deals and special offers.

About Spirit Airlines: 
Spirit Airlines (NYSE:SAVE) is committed to offering the lowest total price to the places we fly, on average more than 30% lower than other airlines†.  Our customers start with an unbundled Bare Fare™ and get Frill Control™ which allows them to pay only for the options they choose — like bags, seat assignments and refreshments — the things other airlines bake right into their ticket prices. We help people save money and travel more often, create new jobs and stimulate business growth in the communities we serve. Our Fit Fleet is one of the youngest and most fuel-efficient in the U.S.  We operate more than 500 daily flights to 67 destinations in the U.S., Latin America and the Caribbean. Come save with us at spirit.com

*Subject to government approval.
†Based on data from the Department of Transportation and verified by an independent service.
ǂSales of nonstop flights between Orlando and Bogota will commence at a date to be announced in the near future.

CONTACT: Contact:    
Derek Dombrowski                        
(305) 916- 6065
derek.dombrowski@spirit.com       
               
En Español: 
Manuel Jaquez
(954) 471-3686       
manuel.jaquez@spirit.com


Source: Av News Feed

Read More

Up, Up and Away Asheville! Spirit Airlines Brings Ultra-Low Fares for Warm Weather Getaways

Jun 13, 2018

Up, Up and Away Asheville! Spirit Airlines Brings Ultra-Low Fares for Warm Weather Getaways

MIRAMAR, Fla., June 13, 2018 (GLOBE NEWSWIRE) — If you’re looking to hang out in Asheville, or ready for a warm Florida getaway, Spirit Airlines is ready to help you take-off and save!  Beginning September 6, 2018, Spirit will begin service from Asheville Regional Airport (AVL) to Fort Lauderdale-Hollywood International Airport (FLL), Orlando International Airport (MCO), and Tampa International Airport (TPA).  Asheville will mark Spirit’s 67th service station in its growing network.  Service to and from Fort Lauderdale and Orlando will each run 3 times weekly, while service to and from Tampa will operate 2 times weekly starting in September, increasing to 4 times weekly to Fort Lauderdale and Orlando and 3 times weekly to Tampa starting November 8, 2018.

“We are so excited to offer service between the beautiful Asheville region and three cities in sunny Florida, as they are all incredible destinations.” said Mark Kopczak, Spirit Airlines’ Vice President of Network Planning.  “Guests in Florida will be able to experience all the cool things to do in Asheville, including taking in the scenic Blue Ridge Mountains, trying out some of the over 80 craft breweries in the area, and experiencing the local arts scene in downtown Asheville.  Meanwhile, Guests in the Asheville area who are looking for a warm beach vacation this winter will now be able to getaway for less with our ultra-low fares.”

“We are pleased to welcome Spirit Airlines to Asheville Regional Airport,” said Lew Bleiweis, A.A.E., executive director of the Greater Asheville Regional Airport Authority.  “They are providing nonstop service to popular Florida destinations, and will undoubtedly bring many visitors to our great region as well.  We look forward to seeing their bright yellow livery on site at our airport, and ultimately to the great added air service they will provide to our community.”

Asheville (AVL) to/fromStarts:Frequency:
Tampa (TPA)September 62-3x weekly, year-round
Fort Lauderdale (FLL)September 73-4x weekly, year-round
Orlando (MCO)September 73-4x weekly. year-round

With Spirit’s expanding network, the airline continues to improve on its on-time performance and Guest satisfaction, while building upon its larger commitment to invest in the Guest experience.  The airline recently announced state-of-the-art high-speed Wi-Fi connectivity will be installed on its entire fleet by summer of 2019.  Recent Department of Transportation data shows Spirit Airlines among the top carriers for on-time performance and baggage handling.  Guests can learn more about Spirit’s pledge to keep improving at InvestInTheGuest.com. To check out Spirit’s super low fares and vacation packages head to spirit.com, and don’t forget to sign up to receive alerts on Spirit’s email deals and special offers.

About Spirit Airlines:
Spirit Airlines (NYSE:SAVE) is committed to offering the lowest total price to the places we fly, on average more than 30% lower than other airlines*.  Our customers start with an unbundled Bare Fare™ and get Frill Control™ which allows them to pay only for the options they choose — like bags, seat assignments and refreshments — the things other airlines bake right into their ticket prices. We help people save money and travel more often, create new jobs and stimulate business growth in the communities we serve. Our Fit Fleet is one of the youngest and most fuel-efficient in the U.S.  We operate more than 500 daily flights to 66 destinations in the U.S., Latin America and the Caribbean. Come save with us at spirit.com.

* Based on data from the Department of Transportation and verified by an independent service.

Contact:
Derek Dombrowski
(305) 916-6065
derek.dombrowski@spirit.com 


Source: Av News Feed

Read More

Going to Greensboro! Spirit Airlines Lands in the Piedmont Triad with Ultra-Low Fares

Jun 12, 2018

Going to Greensboro! Spirit Airlines Lands in the Piedmont Triad with Ultra-Low Fares

MIRAMAR, Fla., June 12, 2018 (GLOBE NEWSWIRE) — Whether you’re looking to theme park hop or hop onto a beautiful beach, Spirit Airlines (NYSE:SAVE) is set to whisk the Piedmont Triad away to sunny Florida with ultra-low fares!  Beginning September 6, 2018, Spirit will begin service from Piedmont Triad International Airport (GSO) to Fort Lauderdale-Hollywood International Airport (FLL), Orlando International Airport (MCO), and Tampa International Airport (TPA).  The Piedmont Triad will mark Spirit’s 66th service station in its growing network.  Service to and from Orlando will run 3 times weekly, while service to and from Fort Lauderdale and Tampa will each operate 2 times weekly, starting this September.  Service will increase to 4 times weekly to Orlando and 3 times weekly to Fort Lauderdale and Tampa starting November 8, 2018.

“Spirit is excited to offer the Piedmont Triad ultra-low fares to warm, family-friendly destinations just in time for a winter getaway,” said Mark Kopczak, Spirit Airlines’ Vice President of Network Planning.  “Our Guests will be able to make the most out of their vacations by choosing the options they want and saving money in the process.  We pride ourselves on providing more opportunities for everyone to travel.”

“The Airport Authority is very excited to welcome Spirit to PTI,” said Stephen D. Showfety, chairman of the Piedmont Triad Airport Authority.  “Spirit is an ultra-low cost carrier that is building a sterling reputation for reliable, on-time service to key markets.  Spirit service at PTI is a great win for the airport and a great win for the community and the state.”

Piedmont Triad (GSO) to/fromStarts:Frequency:
Tampa (TPA)September 62-3x weekly, year-round
Fort Lauderdale (FLL)September 62-3x weekly, year-round
Orlando (MCO)September 73-4x weekly, year-round

With Spirit’s expanding network, the airline continues to improve on its on-time performance and Guest satisfaction, while building upon its larger commitment to invest in the Guest experience.  The airline recently announced state-of-the-art high-speed Wi-Fi connectivity will be installed on its entire fleet by summer of 2019.  Recent Department of Transportation data shows Spirit Airlines among the top carriers for on-time performance and baggage handling.  Guests can learn more about Spirit’s pledge to keep improving at InvestInTheGuest.com. To check out Spirit’s super low fares and vacation packages head to spirit.com, and don’t forget to sign up to receive alerts on Spirit’s email deals and special offers.

About Spirit Airlines:
Spirit Airlines (NYSE:SAVE) is committed to offering the lowest total price to the places we fly, on average more than 30% lower than other airlines*.  Our customers start with an unbundled Bare Fare™ and get Frill Control™ which allows them to pay only for the options they choose — like bags, seat assignments and refreshments — the things other airlines bake right into their ticket prices. We help people save money and travel more often, create new jobs and stimulate business growth in the communities we serve. Our Fit Fleet is one of the youngest and most fuel-efficient in the U.S.  We operate more than 500 daily flights to 65 destinations in the U.S., Latin America and the Caribbean. Come save with us at spirit.com.

* Based on data from the Department of Transportation and verified by an independent service. 

CONTACT: Contact:
Derek Dombrowski
(305) 916-6065
derek.dombrowski@spirit.com


Source: Av News Feed

Read More

Air Lease Corporation Announces Pricing of Public Offering of $500 Million of 3.875% Unsecured Senior Notes due 2023

Jun 12, 2018

Air Lease Corporation Announces Pricing of Public Offering of 0 Million of 3.875% Unsecured Senior Notes due 2023

LOS ANGELES, June 11, 2018 (GLOBE NEWSWIRE) — Air Lease Corporation (NYSE:AL) (the “Company”) announced the pricing on June 11, 2018 of its public offering of $500 million aggregate principal amount of 3.875% unsecured senior notes due 2023 (the “Notes”). The sale of the Notes is expected to close on June 18, 2018, subject to satisfaction of customary closing conditions.

The Notes will mature on July 3, 2023 and will bear interest at a rate of 3.875% per annum, payable semi-annually in arrears on January 3 and July 3 of each year, commencing on January 3, 2019.

The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets, LLC are acting as joint book-running managers for the offering of the Notes.

The Notes are being offered pursuant to an effective shelf registration statement that the Company previously filed with the Securities and Exchange Commission (the “SEC”). The offering of the Notes is being made only by means of a prospectus supplement and accompanying base prospectus. Before you invest, you should read the base prospectus and prospectus supplement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies may be obtained from: (i) Citigroup Global Markets Inc. c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by calling 1 (800) 831-9146 or by e-mail at prospectus@citi.com; (ii) Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attn: Prospectus Department, by calling 1 (866) 471-2526, by facsimile at 1 (212) 902-9316 or by e-mail at prospectus-ny@ny.email.gs.com; (iii) Merrill Lynch, Pierce, Fenner & Smith Incorporated, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, North Carolina 28255-0001, Attn: Prospectus Department, by calling 1 (800) 294-1322, or by e-mail at dg.prospectus_requests@baml.com; or (iv) RBC Capital Markets, LLC, Brookfield Place, 200 Vesey Street, 8th Floor, New York, New York 10281, by calling 1 (866) 375-6829. 

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Air Lease Corporation (NYSE:AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.  ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.  For more information, visit ALC’s website at www.airleasecorp.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the expected closing of the offering and the intended use of proceeds. Such statements are based on current expectations and projections about the Company’s future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including but not limited to, unexpected delays in the closing process for the Notes, unanticipated cash needs, and those risks detailed in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017.

Contacts 
  
Investors:Media:
Mary Liz DePalmaLaura Woeste 
Assistant Vice President, Investor RelationsManager, Media and Investor Relations
Email: mdepalma@airleasecorp.com Email: lstjohn@airleasecorp.com 


Source: Av News Feed

Read More

AEROMEXICO 10th ANNIVERSARY OF ITS SHANGHAI-MEXICO CITY FLIGHT

Jun 8, 2018

AEROMEXICO 10th ANNIVERSARY OF ITS SHANGHAI-MEXICO CITY FLIGHT

Mexico City, June 07, 2018 (GLOBE NEWSWIRE) — Aeromexico, Mexico´s global airline, announced the 10th anniversary of its Shanghai – Mexico City route, with a press conference and also held a luncheon. The event brought together more than 100 representatives hosted by Aeromexico´s Chief Revenue Officer, SVP International Sales, Ambassador of Mexico in China, General Consul of Mexico in China and China Civil Aviation Administration, supported by Mexico and Los Cabos Tourism Board, both committed to stimulate domestic and international tourism development.

Los Cabos, located at the tip of the Baja Peninsula, is home to award winning resorts and culinary offerings, championship golf courses, celebrated spas, world renowned sport fishing tournaments and state of the art convention facilities.

At the press conference, Aeromexico demonstrated its leading advantages in terms of route expansion, service upgrades, and ancillaries´products. The airline shared their great achievements, as well as the strategic development and their innovation practices.

When interviewed by the media at the press conference, Mr. Anko van der Werff Aeromexico´s Chief Revenue Officer stated: “Shanghai is not only China’s commercial and financial center, but also an important trade hub in the world. The Shanghai route has played an important role promoting the economic, cultural and tourism development between the two cities. Aeromexico will continue to improve its product and schedules, to optimize our service, and to further promote the connection between Mexico and China in tourism and trade”.

Aeromexico officially launched Shanghai in 2008, its second route in Asia, being the first direct flight from China to Latin America. This route shortened procedures, allowing passengers to travel between China, Mexico and Latin America without a US VISA.

Mr. Anko van der Werff, Aeromexico´s Chief Revenue Officer said: “The great development of Aeromexico over the past 10 years could not be done without the support of governments, partners and friends, for which we will continue a co-development in the to establish a more solid link between both nations”.

During the luncheon, Mexican singers brought the guests traditional Mexican performances. The special tune in Mexican style let the guests feel the mysteries of Mexico to experience its unique charm. The songs were integrated with the traditional Chinese celebration, drumming, at the opening ceremony, to symbolize a closer connection between Mexico and China.

To celebrate the 10th anniversary serving this route, here are some of our most outstanding achievements:

  • Aeromexico is the only Latin American airline with direct flights to Asia since 2006, serving routes from Tokyo, Shanghai and Seoul to Mexico City and beyond.
  • Aeromexico´s has always operated the Asian routes with the best aircraft on its fleet.
  • All of Aeromexico’s long haul flights are operated with one of the most advanced aircraft, the Boeing 787 Dreamliner, featuring a personal entertainment system with the latest movies, TV Series, music and on board Wi-Fi.
  • The airline not only offers a product for traveling costumers, it also has a subsidiary -Aeromexico Cargo, which provides cargo service to transport different types of shipments.
  • During 2016 and 2017, the most transported products from China to Mexico were HiTech, such as: cellphones, tablets and automotive parts, which its final destinations were the main production and manufacture enterprises in Mexico.
  • The most peculiar shipment we’ve had transported from Mexico to China are living turtles, contributing to the preservation of sea life and aquatic species.

 

oo00oo

About Aeromexico

Grupo Aeromexico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeromexico, Mexico´s global airline, operates more than 600 daily flights and its main hub is in Terminal 2 at the Mexico City International Airport. Its destinations network features more than 90 cities on three continents, including 43 destinations in Mexico, 22 in the United States, 15 in Latin America, 4 in Europe, 3 in Canada and 3 in Asia.

The Group’s operating fleet of 133 aircraft is comprised of Boeing 787 and 737 jet airliners and next generation Embraer 170 and 190 models. In 2012, the airline announced the most significant investment strategy in aviation history in Mexico, to purchase 100 Boeing aircraft including 90 MAX B737 jet airliners and 10 B787-9 Dreamliners.

As a founding member of the SkyTeam airline alliance, Aeromexico offers customers more than 1,000 destinations in 177 countries served by the 20 SkyTeam airline partners rewarding passengers with benefits including access to more than 600 premium airport lounges around the world. Aeromexico also offers travel on its codeshare partner flights with Delta Air Lines, Avianca, Copa Airlines, El Al, GOL, Jet Airways and WestJet, with extensive connectivity in countries like the United States, Brazil, Canada, Colombia and Peru.  www.aeromexico.com www.skyteam.com

 

 

Attachment

CONTACT: Barbrha Ibañez
Aeroméxico
bibanez@aeromexico.com

Marc Ourgant
Aeromexico
+52 55 91 32 4964
mourgant@aeromexico.com


Source: Av News Feed

Read More

Login

Lost your password?