Travelport signs new partnership with Atlasglobal Airlines

Breaking Travel News | November 12, 2019

Travelport has reached a new multi-year full content agreement with Turkish carrier Atlasglobal Airlines. The agreement also includes Travelport’s rich content and branding merchandising solution. Under the extension of a previous agreement, Travelport will continue to support Atlasglobal Airlines by providing more than 68,000 Travelport-connected agencies servicing hundreds of millions of travellers around the world with real-time access to search, sell, and book its full content and inventory.

Spotlight

On Tuesday, April 11th, Embraer confirmed the launch of the passenger-to-freighter (P2F) conversion program for the Embraer E-jet family aircraft for next year. The announcement took place during a press tour of the company’s facilities in Nashville, Tennessee. Let’s look at this exciting news in today’s video!

Spotlight

On Tuesday, April 11th, Embraer confirmed the launch of the passenger-to-freighter (P2F) conversion program for the Embraer E-jet family aircraft for next year. The announcement took place during a press tour of the company’s facilities in Nashville, Tennessee. Let’s look at this exciting news in today’s video!

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AIR TRANSPORT

CDB Aviation Delivers First of Two A321NX Aircraft to Volaris

Businesswire | May 05, 2023

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the first of two A321neo aircraft fitted with Airbus’ Cabin Flex (“A321NX”) to its long-standing customer, Volaris (Controladora Vuela Compañía de Aviación, S.A.B. de C.V.). The delivery is part of the lease agreements signed with the airline in 2021, which forms part of the 13 total number of CDB Aviation aircraft on lease to Volaris. The carrier is expected to take delivery of the second A321NX by the end of 2023, with an additional three A321neos and two A320neos slated for delivery throughout 2023 and 2024. “We’re thrilled to be celebrating with the Volaris team this inaugural delivery of a GTF-powered A321NX from our orderbook,” said Luís da Silva, CDB Aviation’s Head of Commercial, Americas. “With the latest technologies that improve efficiency and sustainability, this aircraft is ideally suited to expand the reach of Volaris’ market-dominant domestic brand to markets in North and Latin America.” “We appreciate the ongoing partnership with our colleagues at CDB Aviation in meeting the needs of our fleet renewal strategy that will ensure our airline’s sustainable growth in the long term,” commented Holger Blankenstein, Volaris’ Executive Vice President. “With one of the youngest, most fuel-efficient fleets in the Americas, our team remains committed to bringing the region’s passengers the best flying experience and the most modern technology aircraft.” Jie Chen, CDB Aviation Chief Executive Officer, concluded: “Our commercial team’s goal is to be a partner that our customers can trust and rely on to execute. We’re very pleased to continue deepening our relationship with Mexico’s largest domestic carrier as they are positioning their leading brand to benefit from a rapid resurgence of post-pandemic air travel in North and Latin America.” About CDB Aviation CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”) a 38-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody’s (A2), S&P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is the world’s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating. About Volaris Volaris or the “Company”, is an ultra-low-cost carrier (ULCC), with point-to-point operations, serving Mexico, the United States, Central and South America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from five to 202 and its fleet from four to 120 aircraft. Volaris offers more than 550 daily flight segments on routes that connect 43 cities in Mexico and 28 cities in the United States with one of the youngest fleets in The Americas. Volaris targets passengers who are visiting friends and relatives and cost-conscious business and leisure travelers in Mexico and in selected destinations in the United States, Central and South America.

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AIR TRANSPORT

CDB Aviation Delivers China’s First A330 P2F on Lease to Sichuan Airlines

Businesswire | May 17, 2023

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the re-delivery of China’s first-ever converted Airbus A330-300 Passenger to Freighter (“A330 P2F”) aircraft on lease to its customer, Sichuan Airlines. The A330 was converted by Elbe Flugzeugwerke GmbH (“EFW”) with Shanghai Technologies Aerospace Company Limited ("STARCO") at its facilities in Shanghai Pudong, concluding EFW’s first-ever A330 P2F conversion to have taken place in China. “This re-delivery marks a significant milestone for Sichuan Airlines and China as we see the outcome of intense work and collaboration resulting in the arrival of the country’s very first A330 P2F,” asserted Jie Chen, CDB Aviation’s Chief Executive Officer. “We are grateful to the Sichuan Airlines team for trusting CDB Aviation to be a partner in supporting their innovative fleet strategy and for becoming our first A330 P2F customer in China. This aircraft will be a superb addition to their fleet as the airline continues to serve the country’s rapidly expanding air cargo market.” The freighter, equipped with Rolls-Royce Trent 700 engines, was delivered to Sichuan Airlines on May 15, 2023, becoming the inaugural A330 P2F in the carrier’s fleet. In addition to the A330 P2F, CDB Aviation has two A320 aircraft on lease to the airline. “We are very happy to build on our relationship with CDB Aviation and thank CEO Jie Chen and his team for their work and cooperation in bringing this aircraft to market,” said Zuyi Shi, Sichuan Airlines’ Chief Executive Officer. “The introduction of this A330 P2F will provide us more freighter capacity to meet the market requirement and further strengthen our development strategy in cargo business.” The A330 P2F is the in-demand, next-generation aircraft in the fast-growing medium widebody space. CDB Aviation was one of the first lessors to secure conversion commitments for the A330 P2F. Since the company’s entry into the air cargo space in 2022, CDB Aviation has contracted 14 A330 P2F conversions with EFW. “To offer conversions in China, serving the high demand in this growing market, was an important strategic decision for EFW,” commented Jordi Boto, Chief Executive Officer of Elbe Flugzeugwerke GmbH. “We are very pleased to have successfully started this journey together with CDB Aviation, our first customer with A330 P2F conversions on three continents, and we are very grateful for the trust they placed in us.” Han Weimin, General Manager of Shanghai Technologies Aerospace Company Limited, denoted: “We are very honored to do the first A330 P2F conversion in China. It is a big challenge to us. This first re-delivery is a milestone for STARCO and the Chinese aviation industry. We will continue to re-deliver more converted aircraft to Chinese and worldwide customers.” “The A330 P2F continues to gain traction as the preferred, next-generation medium widebody freighter. We strategically positioned our platform to be at the forefront of the A330 P2F program. CDB Aviation’s team has worked admirably in advancing this delivery and related cargo program. We are very pleased with its accelerating momentum and look forward to expanding our freighter fleet in collaboration with our partners at Airbus, ST Engineering, and EFW,” concluded Chen. About CDB Aviation CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”) a 38-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody’s (A2), S&P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is the world’s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating.

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AEROSPACE

Axiom Space, Build-A-Bear Partner to Send Teddy Bear to Space

PRnewswire | May 23, 2023

Axiom Space and Build-A-Bear Workshop have partnered to fly a furry fifth crew member alongside the Axiom Mission 2 (Ax-2) astronauts. The teddy bear, named GiGi, took flight yesterday as the Ax-2 mission's zero-gravity indicator wearing Axiom Space's next-generation spacesuit. GiGi going to space continues the tradition of having a zero-gravity indicator inside the spacecraft to provide a visual indicator when the spacecraft has reached the weightlessness of microgravity. As the fifth crew member of Ax-2, GiGi's mission is to inspire children around the world to learn about space and consider careers in science, technology, engineering, the arts, and mathematics (STEAM). "Axiom Space is excited to partner with the iconic brand Build-A-Bear to encourage children of all ages to learn about space exploration and our efforts to expand access to microgravity for individuals, countries and institutions to conduct meaningful scientific research," said Sandra Nelson, Vice President of Marketing, Axiom Space. "GiGi was designed and built for the next generation of space explorers who will enable us to explore beyond, build a sustainable future in low-Earth orbit, and realize the extensive science research that will be achievable with their involvement and active participation in STEAM." Sharon Price John, President and Chief Executive Officer at Build-A-Bear, emphasized the intent of this new partnership and special flight. "Guests dream big at Build-A-Bear, and the opportunity to partner with Axiom Space as part of the Ax-2 mission and send GiGi, the furry fifth crew member, to space is a special honor that we hope inspires youth across the globe to reach for the stars, pursue adventures, and follow their passion," she said. "With Build-A-Bear's 25-year history of creating special moments, our GiGi wearing the next-generation spacesuit, has the wonderful opportunity to be part of history as the Ax-2 crew's zero-gravity indicator." About The Ax-2 Mission The Ax-2 crew launched to space by way of a SpaceX Falcon 9 rocket and a Dragon spacecraft from Launch Complex 39A at NASA's Kennedy Space Center in Florida. The Ax-2 crew includes Commander Peggy Whitson and Pilot John Shoffner, both from the United States, and Mission Specialists Ali Alqarni and Rayyanah Barnawi representing the Kingdom of Saudi Arabia. GiGi's Story This partnership is driven by the shared goal for GiGi to encourage youth to learn more about space exploration and consider career paths in STEAM. Young enthusiasts can follow GiGi's journey on her blog designed to help kids see themselves through her unBEARlievable experience. "As a young cub, I was always drawn to math and science projects. After the gift of a telescope one summer, I felt connected to the stars in a way I never had before, and I knew STEAM studies were for me," says GiGi in her blog. "Now as a full-time astronomer and aspiring astronaut, I am over the Moon to be part of the Ax-2 mission. After all, it takes a lot of heart and courage to be a space explorer, and I am ready for it." ABOUT AXIOM SPACE Axiom Space is building history, guided by the vision of a thriving home in space that benefits every human, everywhere. The leading provider of human spaceflight services and developer of human-rated space infrastructure, Axiom Space operates end-to-end missions to the International Space Station today while developing its successor, Axiom Station – a permanent commercial destination in low-Earth orbit that will sustain human growth off the planet and bring untold benefits back home. ABOUT BUILD-A-BEAR® Build-A-Bear is a multi-generational global brand focused on its mission to "add a little more heart to life" appealing to a wide array of consumer groups who enjoy the personal expression in making their own "furry friends" to celebrate and commemorate life moments. Nearly 500 interactive brick-and-mortar experience locations operated through a variety of formats provide guests of all ages a hands-on entertaining experience, which often fosters a lasting and emotional brand connection. The company also offers engaging e-commerce/digital purchasing experiences on buildabear.com and its age-gated, adult-focused "Bear Cave". In addition, extending its brand power beyond retail, Build-A-Bear Entertainment, a subsidiary of Build-A-Bear Workshop, Inc., is dedicated to creating engaging content for kids and adults that fulfills the company's mission.

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