JUPITER SEA & AIR SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.
E-MAIL : Robert.sands@jupiterseaair.co.in
Mobile : +91 98407 85202
Corporate
News Letter for Thursday August 31, 2023.
:: Today’s Exchange Rates ::
Source : The Economic Times.
|
CURRENCY |
PRICE |
CHANGE |
%CHANGE |
OPEN |
PREV.CLOSE |
DAY's LOW-HIGH |
|
82.73 |
0.020004 |
0.024186 |
82.66 |
82.71 |
82.6575- 82.8175 |
|
|
1.094 |
0.006 |
0.551463 |
1.088 |
1.088 |
1.0855- 1.0946 |
|
|
104.727 |
0.390495 |
0.374265 |
104.3762 |
104.3365 |
104.3746- 104.818 |
|
|
90.0787 |
0.652901 |
0.730103 |
89.816 |
89.4258 |
89.8014- 90.125 |
|
|
145.76 |
-0.12001 |
-0.082267 |
145.88 |
145.88 |
145.56- 146.537 |
|
|
1.2721 |
0.0077 |
0.608982 |
1.2644 |
1.2644 |
1.2619- 1.2746 |
|
|
103.529 |
-0.001999 |
-0.001931 |
103.533 |
103.531 |
103.434- 103.698 |
|
|
0.5652 |
-0.0002 |
-0.035379 |
0.5668 |
0.5654 |
0.5648- 0.5671 |
:: Sea Cargo News ::
Port of
Valencia sees container fall in July
Port Authority of Valencia shows a year-over-year drop of 6.91%
in the number of July containers managed by the Spanish port and a fall of
9.15% in terms of tonnage.
On the other hand, the imports of boxes showed a positive trend,
growing by 3.95% this month, in comparison to the same month in 2022.
Additionally, the number of containers handled from January to July has
increased by 2.97% reaching 455,473 TEUs.
Meanwhile, China remains the main trading partner, followed by
the United States, while for the second consecutive month, the country that
most increased its trade relations with the Valencian docks is Vietnam, plus
28.32% containers.
Also, Ro-Ro traffic, short sea shipping services for
roll-on/roll-off cargo, grew by 14.25% at Valenciaport docks in July, reaching
61,723 units.
Train transport also continues on an upward trend and in the
first seven months of the year a total of 153,581 TEUs entered and left the
Valencian docks by rail, while 2,066,098 tonnes were moved, 18.46% more than in
the same month of 2022.
Egypt
launches construction works on new East Port-Said Port terminal
The construction of a new terminal in East Port-Said Port, the
northern entrance to Egypt's Suez Canal, commenced on 22 August, according to
Chinese media Xinhua.
The General Authority for the SCZone and the Sky Investment and
Reliance Logistics Consortium signed the contracts for developing the port in
November 2022. The two agreements cover the designing, construction,
management, operation, and maintenance of a multipurpose terminal (Terminal 2)
in East Port-Said Port.
The new 900-metre-long terminal is expected to provide job
opportunities and lure US$65 million in cumulative investments, noted SCZONE in
a statement.
Earlier in August, SCZONE announced the success of the first
green bunkering operation with “methanol” in East
Port Said port for a container vessel.
MSC
revises rotations of Asia to North Europe/US services
MSC Vega /
Source: VesselFinderMSC has announced the revision of the port rotation in two
services from Asia to North Europe and the United States.
The Swiss/Italian ocean carrier noted that Swan service's
rotation will now include the port of Felixstowe in the United Kingdom, while
it will continue to include the Polish ports of Gdansk and Gdynia.
The updated rotation of the service will be:
The 4,922 TEU boxship Mirella will be deployed on the first
sailing of the updated Swan service with an estimated time of arrival (ETA) in
Ningbo of 5 September.
The company said that transit times will be Ningbo to Felixstowe
in 27 days, Gdansk in 31 days and Gdynia in 32 days, and Yantian to Felixstowe
in 24 days, Gdansk in 28 days and Gdynia in 29 days.
In addition, MSC is planning to adjust the port rotation of
its Santana service. Effective from the sailing of the 13,100 TEU vessel MSC
VEGA, the revised rotation will be:
Yantian (China) – Ningbo (China) – Shanghai (Chian) – Busan (South Korea) – Manzanillo (Mexico) – Cristobal (Panama) – Caucedo (Dominican Republic) – New York (US) – Norfolk (US).
Box lines
could order modern version of Neo-Panamax vessels
Mærsk Mc-Kinney
Møller, the first Triple-E vesselOcean carriers could consider building post-Neo-Panamax (PNPX)
container ships to fill the gap between 16,000 TEU and 24,000 TEU, according
to Alphaliner’s report today (23 August).
PNPX ships, with optimised hull designs and advanced engines,
could offer competitive slot costs vis-à-vis the ships in the 18,000-19,000 TEU
range. Alphaliner said, “At the same time, ships of this size category will
likely outperform modern Neo-Panamax designs, while being more flexible in terms
of trades they can serve, than the latest 24,000 TEU giants.”
Neo-Panamax vessels were designed with the Panama Canal
dimensions in mind. Originally, the canal allowed 19-row wide vessels to
transit, but this was later increased to 20 rows. Today, the Neo-Panamax ships
are 19 or 20 rows wide and have a length that still allows them to fit through
the canal locks.
Presently, there are only 42 in-service ships that are smaller
than 24,000 TEU but too big to cross the Panama Canal.
Only eleven of these ships, namely Maersk’s compact H-class
vessels commissioned at HD Hyundai Heavy Industries, are designed for
medium-capacity routes that do not require them to cross the Panama Canal. The
other 31 are all too long (and partly also too wide) for the canal and, at
least by today’s standards, they have somewhat undesirable length versus
breadth characteristics.
Maersk made a first move with the aforementioned
H-class (2017- 2019) and the carrier has ordered 18 methanol-powered
‘Equinox’ class units for delivery from 2024 to 2026. These compact 350 m
vessels will come in two sub-types: Hyundai will build a 21-row wide 16,200 TEU
variant and a 22-row wide 17,000 TEU version.
The larger of the two designs will carry loads that come close
to the nominal intakes of Maersk’s first-generation Triple-E which have a 20%
larger footprint. Another carrier that is believed to have opted for modern
PNPX ships is Evergreen Marine Corporation, whose latest series of orders for
24 methanol-powered 16,000 TEU ships will likely have a lower carbon footprint.
MSC nears
a stake deal with PSA for Nhava Sheva Terminal
Mediterranean Shipping Co. (MSC Group) is reportedly moving close to striking a deal to pick up a minority stake in PSA International’s new terminal at India’s Nhava Sheva Port (JNPT).
PSA Mumbai, also known as Bharat Mumbai Container Terminals (BMCT), began Phase I operations in February 2019, with a capacity of 2.4 million TEUs annually.
The Singapore-based company was awarded a 30-year concession for the public-private-partnership (PPP) project in 2014, involving a total investment of US$1 billion.
According to industry sources, MSC Group is eyeing a 26% stake
in the terminal, the second phase of which is under construction and targeted
for commissioning in early 2026.
“In return for the stake buy, MSC is expected to get dedicated
access to a 400-metre berth in Phase II of BMCT’s capacity,” sources told Container News. “This
means significant operational and commercial advantages for the carrier.”
The Geneva-based liner has a string of weekly calls at Nhava
Sheva, which deploy some of the largest vessels in trades out of India. Most of
MSC’s larger services currently call at DP World Nhava Sheva, while some have
berthing windows at BMCT.
The PSA partnership will likely lead to concentration of MSC
calls at BMCT. According to industry observers, exclusive berthing rights in a
single berth could accommodate up to seven calls a week, making up about 1
million TEUs annually.
“Carriers that have long-term growth plans for India are
increasingly looking at adequate terminal capacity in the North Western region
where the supply-demand scenario is expected to remain tight in the mid-to-long
term as the economy expands,” an analyst said.
BMCT’s every phase has been designed with three berths,
featuring a quay length of 1,000 metres and sophisticated harbour equipment
capable of handling 16,000 to 18,000 TEU capacity vessels.
The acquisition move, if it materialises, could heat up
intra-port competition at Nhava Sheva, as CMA CGM Group recently won a 30-year
concession to modernise and operate the port’s oldest box terminal under an
equal-ownership joint venture with Mumbai-based JM Baxi Group.
Both MSC and CMA CGM already have established terminal
partnerships with Adani Group's Mundra Port.
Additionally, Bollore Africa Logistics, which MSC acquired last year,
owns 49% of Dakshin Bharat Gateway Terminal, the busiest container handler at
India’s Tuticorin Port, also known as V.O. Chidambaranar.
PSA Mumbai has logged impressive throughput growth in recent
years, racking up 1.71 million TEUs in fiscal 2022-23. The terminal already
hosts more than 10 weekly scheduled containership sailings.
Nhava Sheva Port includes two box facilities operated by DP
World and one by APM Terminals.
Evergreen
temporarily loses ground in TEU rankings; ready to climb higher
Taiwanese ocean carrier Evergreen has lost the sixth spot in the
global liner rankings by Singapore-headquartered Ocean Network Express (ONE),
according to the latest data (23 August) by Alphaliner.
This is not expected to be a permanent change, as Evergreen's
newbuilding orderbook is significantly larger than ONE's. The Taipei-based box
carrier is looking even higher, as it is very likely to surpass German
Hapag-Lloyd, based on the companies' current newbuilding boxship orders.
However, the Hamburg-based firm seems to explore its options in
order to maintain and enhance its global presence. Hapag-Lloyd has lately emerged
as another possible
buyer of South Korean box line HMM.
In the case of HMM acquisition by Hapag-Lloyd, the Germans will
secure their current fifth spot and will be able to challenge Chinese shipping
giant COSCO for the fourth spot. Additionally, the potential takeover of HMM
will bring a near double-digit market share for the first time in Hapag-Lloyd's
history.
Furthermore, regarding the "podium" of Alphaliner
rankings, MSC remains at the top widening its gap from its Danish and French
competitors, while as already reported CMA CGM is on track to
surpass Maersk and become the second-largest container carrier in the
world.
DP World
achieves revenue of US$9 billion in first half 2023
DP World has described its financial results for the first half
as "resilient", with the company's chairman and CEO, Sultan Ahmed Bin
Sulayem, saying that while the near-term trade outlook may be uncertain due to
macroeconomic and geopolitical factors, the H1 financial performance positions
DP World well to deliver a steady set of full-year results.
The global port operator increased its revenue by 13.9% to US$9
billion and adjusted EBITDA (Earnings Before Interest, Tax, Depreciation, and
Amortisation) by 7% to US$2.6 billion with an adjusted EBITDA margin of 28.9%.
Moreover, net cash generated from operating activities stood at
US$1.95 billion for the first half of 2023, compared to US$1.93 million in the
same period last year.
DP World said it remains positive on the medium to long-term
outlook for global trade and is focused on delivering integrated supply chain
solutions to cargo owners to drive sustainable returns.
Sultan Ahmed Bin Sulayem, commented, "Despite facing a
softer container market and weakened freight rates amid challenging economic
conditions, our focus on high-margin cargo, end-to-end bespoke supply chain
solutions and cost optimisation has been crucial in securing these
results."
He went on to add, "We remain optimistic about the medium to
long-term prospects of the industry and DP World’s capacity to consistently
generate sustainable returns."
Tankers
collide in Suez Canal, awakening memories of Ever Given nightmare
Two tankers collided on the Suez Canal last night (22 August)
blocking the canal traffic for a few hours. The Suez Canal Authority deployed
tugboats to move the two ships and the movement along the canal resumed.
The vessels involved in the accident were Burri, a Cayman island tanker, and the BW Lesmes, a Singapore-flagged LNG tanker, according to MarineTraffic.
BW Lesmes /
Source: VesselFinder
The Suez Canal Authority mentioned that one of the tankers had
broken down, but did not identify which one.
BW LNG AS, the operator of BW
Lesmes, said in a statement that its ship ran aground transiting southbound
through the Suez Canal at approximately 21:35 (18:35 GMT) on Tuesday (22
August).
The incident sparked pile-up fears in the global supply chain
industry, evoking memories of the grounding accident of the giant container
vessel Ever Given, which caused a traffic standstill at Egypt's Suez Canal for
several weeks.
SC Ports
handles over 200,000 TEUs in July
South Carolina Ports (SC Ports) handled 208,134 TEUs and 115,422 pier containers in July. More specifically, imports flowing into the port of Charleston outperformed US volumes with a 12% increase from June and a 3% increase year-over-year.
At the same time, exports were up 9% from last year. However,
total container volume was down about 4% year-over-year in July, driven by
lower exports of empty boxes.
SC Ports’ two rail-served inland ports continue to yield strong
volumes, handling a combined 17,724 rail moves in July, which is a 55% increase
year-over-year. Inland Port Dillon continues to break records, reporting a
record July with 2,919 rail moves and Inland Port Greer had a strong month with
14,805 rail moves.
"Although overall volumes continue to reflect the tempered
US economy, the Southeast is booming and the US East Coast port market
continues to attract new cargo," SC Ports president and CEO Barbara Melvin
commented.
While manufacturing and retail remain down in the country, the
Southeast market is thriving with an influx of new residents and industrial
growth, while port-dependent companies are investing in manufacturing
facilities, electric vehicle operations and retail distribution centers,
according to SC Ports' announcement.
Meanwhile, SC Ports has invested more than US$2 billion into
port infrastructure and is currently building a US$400 million intermodal yard
to provide near-port rail to the Port of Charleston.
:: Air Cargo News ::
Northlink
Aviation completes NEPA review process
NorthLink Aviation announced clearance from the
Federal Aviation Administration (FAA) as part of the review process for the
National Environmental Policy Act (NEPA) for its e-commerce and express freight
terminal at Ted Stevens Anchorage International Airport (ANC).
The receipt of the Finding of No Significant
Impact and Record of Decision (FONSI/ROD) allows NorthLink, in coordination
with ANC and other state agencies, to begin construction on the 120-acre parcel
NorthLink has leased for 55 years, says a release from NorthLink.
Sean Dolan, CEO, NorthLink "NorthLink is
excited to successfully conclude the NEPA review process and shift our focus to
construction of this crucial infrastructure project at ANC," says Sean
Dolan, CEO, NorthLink. "We are grateful for the hard work and support of
the NorthLink team."
With the FONSI/ROD announcement, NorthLink also
provided the following updates:
1. Customer contracts: NorthLink has signed
terminal usage agreements with multiple international air cargo carriers. The
multi-year contracts provide carriers with reserved hardstand capacity,
enabling safer, more sustainable and profitable operations at ANC.
2. Construction commencement: NorthLink plans to
start construction on the south campus air cargo terminal project shortly,
taking advantage of the remaining 2023 construction season in Anchorage.
3. Operational hardstands: The completion of
operational hardstands, which will further enhance ANC's capacity to
accommodate air cargo traffic, is projected for the second half of 2024.
4. Environmental leadership: NorthLink is
developing a first-in-Alaska facility to recover and recycle onsite deicing fluid
used at ANC. Recovering and recycling deicing fluid will protect neighbouring
water bodies such as cook inlet, reduce CO2 emissions and help improve
operational efficiency at ANC. Also Read - Air Premia to expand network to
Americas, Europe with 4 more B787-9s
5. First port of entry status: NorthLink is
working with federal agencies to establish ANC as the first port of entry for
air cargo entering the United States. Streamlining customs clearance processes,
particularly for e-commerce goods, will enable faster and more efficient
delivery to end-users.
6. Focus on digitalisation: NorthLink has signed a
MoU with Kale Logistics, ensuring that best-in-class air cargo technology is
implemented throughout NorthLink's development.
The technology will enable the seamless flow of
data to stakeholders, optimise terminal activities and enhance NorthLink's
warehouse operations.
Emirates SkyCargo goes live on CargoAi for Netherlands, Spain, France
Emirates SkyCargo is live on CargoAi’s marketplace
solution, CargoMART, advancing its digital customer experience and optimizing
the booking process with real-time information. The partnership launched in the
Netherlands, Spain and France, and will open up to customers in select
countries across Europe, the Americas, Africa, the Far East and Australasia in
the coming months.
“This is the 91st airline instantly bookable on
CargoAi which makes us the leading platform by far. Our newest technology and
air cargo expertise helped us to move from a newcomer to a leading position in
just 3 years with much more to come," Matt Petot, founder & CEO at
CargoAi.
Through the CargoMART solution, customers will be
able to access Emirates SkyCargo schedules, tariff and contract rates, along
with real-time access to available capacity, enabling immediate bookings 24/7.
On the backend, the partnership drives greater efficiency and accuracy. Once
the system is fully operational, over 10,000 freight forwarders on CargoAi’s
database will have access.
Emirates SkyCargo’s 5 core products are listed on
CargoMART, including :
1) Emirates Fresh and 2) Emirates Fresh Breathe,
an integrated and responsive cool chain designed for perishables; 3) Emirates AOG for time-critical aircraft
parts; 4) Emirates Airfreight Priority
for urgent shipments that depend on speed and reliability; and 5) Emirates
Airfreight for the quick and careful transport of general cargo.
“By providing real-time pricing and capacity
information, we empower our mutual customers with greater choice and
convenience, enabling them to make immediate bookings 24/7," added Petot.
Nabil Sultan, divisional senior vice president,
Emirates SkyCargo, said: "As we increase our digital connectivity, we are
able to offer more choice for our customers to connect with Emirates SkyCargo’s
market-leading capabilities and extensive global network. CargoAi’s digital
touchpoint enables both our existing and new customers from across the world to
book with Emirates SkyCargo at their convenience, providing an additional channel
that further strengthens our world class customer experience."
Lufthansa Cargo, Avflight upgrading operations at Detroit
Lufthansa Cargo, together with ground handling
agent Avflight, is moving operations onto the apron at Detroit Metropolitan
Wayne County Airport (DTW). "With the recent move in August to an
on-airfield cargo warehousing facility, the new location will allow for
handling of international air cargo that allows for streamlined operations and
shorter distances for loading and unloading aircraft.
Lufthansa Cargo will offer customers improved
product offerings and reduced handling times while benefiting from efficiency
gains in its operation," says a release from Lufthansa Cargo.
During the three-year planning phase for the major
project, Lufthansa Cargo identified Avflight as a suitable local partner with
ambitions to grow in the cargo business, the release added. "With more
than 500 tonnes of cargo handled per year on seven weekly passenger flights,
multiple truck connections to Chicago (ORD) and ad-hoc services offered,
Detroit is an important location for Lufthansa Cargo in the automotive-driven
region of Michigan with potential for expansion."
The relocation of the warehouse in direct
proximity to the apron is a project with two phases. "Beginning in August
2023, with Avflight's support, Lufthansa Cargo is operating out of a former
aircraft hangar that was converted into a temporary cargo warehouse. The more
direct location allows for shorter handling times and offers opportunities to
meet the requirements of special cargo shipments such as animals, valuable
cargo and dangerous goods shipments even more comprehensively.
Lufthansa Cargo focuses on sustainability,
digitalisation, eCommerce "In the second phase of the project, Lufthansa
Cargo will support Avflight in designing a new cargo facility next to the
existing structure, which the handling partner is under contract with the
airport to construct.
Working closely together, the two partners will
efficiently, sustainably and attractively design the warehouse's infrastructure
to meet the needs of air cargo customers, including those in the premium
segment." Henry Julicher, Head, Sales and Handling, Michigan and Head,
Sales, Midwest, Lufthansa Cargo says: "In Detroit, there is a great demand
for secure and professional transport solutions, for example, urgently needed
components in the automotive sector.
There is a lot of weekly freight traffic here
between Michigan and the world including destinations in Germany, Europe, South
Africa and Thailand. The expansion of our warehouse capacity in this direct
apron accessible location helps us improve the handling processes for faster
and more direct service, and also enables Lufthansa Cargo to offer additional
premium products and services to our customers. Our dedicated ground handling
agent, Avflight, is providing us with significant support in these endeavours.
As a Michigan-based company with valuable market
knowledge and enthusiasm to expand its service offering in the cargo segment,
we are positive about what we have achieved so far and look forward to further
cooperation."
Stephanie Abeler, Vice President and Head of Region
Americas, Lufthansa Cargo adds: "Together with Avflight, we are creating
an ideal basis with a future-oriented cargo location in Detroit to further
position ourselves in the market as a reliable and professional partner for our
cargo customers and thus actively implement the enabling global business idea
from Michigan by investing in a modern infrastructure as well as cost- and
time-efficient handling processes."
Lufthansa Cargo plans to move into the
Avflight-operated facility upon its completion. Discussions on the second phase
of development are in the preliminary stages but the goal is to be operational
by the end of 2024, the release added.
Lufthansa
Cargo Q2 adjusted EBIT drops 92%
Lufthansa Cargo reported a 43 percent decline in total revenue at €712 million for the second quarter of 2023 compared to €1.3 billion in Q2022 on normalisation in global freight rates. Adjusted EBIT dropped 92 percent to €37 million from €482 million in the second quarter of 2022, says an official release.
"Despite lower demand, however, Lufthansa
Cargo's average yields remained a good 40 percent above the pre-crisis level of
2019, meaning that Lufthansa Cargo again outperformed the market as a whole in
the second quarter. Freight capacity in the second quarter was six percent up
on the previous year, mainly due to the recovery in passenger flight operations
and the associated expansion of belly capacities."
Lufthansa Cargo thus gained market share in the
second quarter, the release added. In the first half-year, adjusted EBIT came
to €188 million (previous year: €977 million) as revenue dropped 37 percent to
€1.5 billion from €2.4 billion in H12022.
While available cargo tonne kilometres declined 15
percent to 3.8 billion in Q22023, revenue cargo tonne kilometres dropped 20
percent to 2.2 billion compared to 2019. YoY, capacity was up nine percent and
revenue tonne kilometres increased two percent. Group revenue up 17% Lufthansa
Group revenue in the second quarter was up 17 percent at €9.4 billion compared
to €8 billion in Q22022.
The operating result (adjusted EBIT) increased to
€1.1 billion, up almost triple from previous year (€392 million). "This
corresponds to an operating margin of 11.6 percent and is a new record for a
second quarter result at the Lufthansa Group. Net income also marked a new high
of €881 million (previous year: €259 million)."
Carsten Spohr, CEO, Lufthansa Group Carsten Spohr,
CEO, Lufthansa Group says: "Thanks to the great efforts of our employees,
we were able to avoid a situation like last summer and once again offer our
customers a more stable operation.
Whether on the ground, in the cockpit, in the
cabin or in our maintenance hangars, it was our employees worldwide who made
reliable flight operations and the financially best second quarter in our
history possible. Thus, our clear focus on stability has proven to be the right
choice for our customers, our employees and our shareholders.
Besides that, we have sharpened our strategic
focus with agreements on the sale of LSG Group and AirPlus as well as the
agreement to acquire ITA. "Our outlook indicates a continued positive
development for customers, employees and shareholders. The specified profit
forecast clearly shows that we are well on track to achieve the financial
targets we have set ourselves for the medium term.
This enables us to make the planned investments in
premium quality for our customers. The simultaneous continuation of our
recruitment campaign with more than 1,000 new hires per month also creates new
prospects for our employees.
And last but not least, there is a special outlook
for our Lufthansa long-haul fleet. Two more A380s will return to scheduled
service this year, with more to follow along with new Boeing 787s and Airbus
A350s in the coming year, into which we look with great optimism.” The group
had access to liquidity totaling €10.8 billion at the end of June 2023 (31
December 2022: €10.4 billion), the release added.
Reliable demonstrates automated aircraft integration to airspace
Reliable Robotics, a leader in safety-enhancing
aircraft automation systems, completed a series of simulations and flight tests
demonstrating successful integration of remotely piloted aircraft systems into
congested airspace as part of the Federal Aviation Administration’s (FAA) Urban
Air Mobility Airspace Management Demonstration (UAMD).
Funded by the FAA through Embry-Riddle
Aeronautical University (ERAU), the demonstration included a week-long series
of flights in Northern California, says a release from Reliable Robotics.
The test construct demonstrated Reliable’s ability
to execute vectoring, airspeed diverts, and fly under various simulated weather
conditions in simulated Class B airspace, the release added. "Reliable
shared aircraft telemetry through the company’s control centre to OneSky, a
third-party service provider, who in turn transmitted the data to the FAA’s
NextGen Integration & Evaluation Capability (NIEC) research lab.
FAA air traffic controllers participated in the
test and provided the FAA NextGen programme office with critical validation and
insights for its UAM Conops 2.0." Davis Hackenberg, Vice President,
Government Partnerships, Reliable Robotics says: “Collaborating with the FAA on
demonstrations like this will help enable the future of mobility and the
evolution of our airspace to accommodate new aircraft systems.
Watching our system successfully operate in a live
test environment is exciting, and we are proud to help pave the way for future
integration of large uncrewed aircraft." Diana Liang, Enterprise Portfolio
Manager, FAA adds: “The flight tests conducted by Reliable Robotics highlighted
the ability for new aircraft systems to interact with third-party service
providers and seamlessly integrate into future airspace environments, and
provided critical data for future operations."
Reliable’s system will improve aviation safety and
prevent common causes of accidents such as controlled flight into terrain and loss
of control by enabling continuous autopilot engagement through taxi, takeoff
and landing, the release added.
I reckon you have enjoyed reading the above useful
information.
Have a nice day.
Thanks & kind regards
ROBERT SANDS, Joint Managing Director
Jupiter
Sea & Air Services Pvt Ltd
Casa
Blanca, 3rd Floor
11, Casa
Major Road, Egmore
Chennai –
600 008. India.
GST Number
: 33AAACJ2686E1ZS.
Tel : + 91
44 2819 0171 / 3734 / 4041
Fax : + 91
44 2819 0735
Mobile : +
91 98407 85202
E-mail : robert.sands@jupiterseaair.co.in
Website : www.jupiterseaair.com
Branches
: Chennai, Bangalore, Mumbai, Coimbatore, Tirupur and Tuticorin.
Associate Offices : New Delhi, Kolkatta, Cochin & Hyderabad.
Comments
Post a Comment