BVI Airways launches nonstop Tortola-Miami service

BVI Airways is scheduled to launch first-ever nonstop service between Tortola, British Virgin Islands and Miami International Airport (MIA) on July 22, with two weekly roundtrip flights on Saturdays and Sundays, Miami-Dade Aviation Department said.

BVI Airways will use BAe Avro 146 RJ100 aircraft to serve the new route, which connects Miami to the British Virgin Islands´ capital and largest island.

Tortola will be MIA´s 40th Caribbean destination with nonstop service.

Seven other international passenger airlines have also either commenced or scheduled service launches in 2017.

MIA offers more flights to Latin America and the Caribbean than any other US airport, is America´s second-busiest airport for international passengers, boasts a lineup of more than 100 air carriers and is the top US airport for international freight.

MIA, along with its general aviation airports, is the leading economic engine for Miami-Dade County and the state of Florida, generating business revenue of USD 33.7 bn annually and welcoming 70% of all international visitors to Florida.

Norwegian takes delivery of Boeing 737 MAX 8s

Boeing (NYSE: BA) and Norwegian have celebrated the delivery of the airline´s first two 737 MAX 8s, the aircraft manufacturer said.

Norwegian is the first European carrier to take delivery of the 737 MAX and will deploy the airplanes on transatlantic flights between northern Europe and the east coast of the United States.

Norwegian flies over 500 routes to more than 150 destinations in Europe, North Africa, the Middle East, Thailand, the Caribbean, and the US.

It currently operates a fleet of more than 100 Next-Generation 737-800s and over a dozen 787-8 and 787-9 Dreamliners. The Oslo-headquartered carrier also has unfilled orders for 108 737 MAX 8s and 19 787-9s.

The 737 MAX family has been designed to offer customers exceptional performance, flexibility and efficiency, with lower per-seat costs and an extended range that will open up new destinations in the single-aisle market.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays, and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.

Eviation Aircraft uses Stratasys 3D printing to accelerate R&D process

Eviation Aircraft, a global manufacturer of all-electric air mobility solutions, is using Stratasys (Nasdaq:SSYS) 3D printing to develop one of the world´s first all-electric commuter aircraft, the 3D printing and additive manufacturing solutions company said.

There is a race in the aviation industry to develop electric and hybrid-electric commercial aircraft, so to gain a competitive edge, Eviation integrated Stratasys 3D printing throughout its R&D processes.

Stratasys 3D printing enabled the company to test many of its designs long before it needed to invest in actual certifiable parts, resulting in accelerated processes and more innovative designs, as well as significantly reduced engineering costs.

For example, Eviation 3D printed its wing-tip motors in a matter of hours, enabling swifter design and functional evaluation, while waiting for the final motors to be shipped.

Eviation is expecting to begin flight testing in late 2018 with commercial availability slated for 2021.

Minneapolis, Minnesota and Rehovot, Israel-based Stratasys Ltd. (NASDAQ:SSYS) has been a defining force in 3D printing and additive manufacturing, shaping the way things are made. The company empowers customers across vertical markets, including aerospace, automotive, healthcare, education, and consumer products, by enabling new approaches for design and manufacturing.

Stratasys solutions offer design freedom and manufacturing flexibility, reducing time-to-market and lowering development costs, while improving products and communication.

PAR Technology subsidiary wins USD 10.9m USAF subcontract in Saudi Arabia

PAR Technology Corporation (NYSE:PAR) indirect subsidiary, Rome Research Corporation (RRC), has been awarded a subcontract from Scientific Research Corporation of Charleston, SC to monitor Paveway IV munitions, Stand-Off Weapons and F-15SA Critical Controlled Assets and provide Electronic Security Systems Manager (ESSM) operations at various Royal Saudi Air Force (RSAF) designated locations within the Kingdom of Saudi Arabia, the company said.

The subcontract includes a base year with up to four options years, with a total value of USD 10.9 million.

Matt Cicchinelli, President of PAR´s Government Business, stated, “Our record of strong customer satisfaction is evidenced by this award. It also demonstrates our ability to grow into ancillary markets, which provides a new vein of opportunities to expand our service offerings globally. PAR is committed to maintaining high customer satisfaction in this new environment.”

PAR´s Government segment is a provider of computer-based system design, engineering, and technical services to the Department of Defense and various federal agencies.

JetBlue addresses climate change effects with TCFD recommendations

JetBlue (NASDAQ:JBLU) has joined more than 100 other companies and business leaders and publicly committed support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the airline said.

A growing number of investors are demanding more information on how companies are addressing the effects of climate change. JetBlue recognizes the importance of voluntarily disclosing climate-related risks and opportunities, and that adopting the TCFD recommendations is an important step in preparing business for the long-run.

The Task Force, established by the Financial Standards Board (FSB) in late 2015, recently released its final report — Recommendations of the Task Force on Climate-related Financial Disclosures — and supporting materials.

Recommendations are focused on four areas that represent how companies operate: governance, strategy, risk management, and metrics and targets. These areas reflect the types of information investors expressed are most important to their needs. The Task Force developed guidance to assist companies in meeting those needs.

JetBlue is taking steps to address the emission of greenhouse gases (GHGs) from its flights and empowers and inspires its customers and crewmembers to offset GHG emissions when they fly. The airline looks for ways to become more fuel efficient and embrace efficient technologies.

JetBlue carries more than 38 million customers a year to 101 cities in the US, Caribbean, and Latin America with an average of 1,000 daily flights.

United to expand in-flight menu

Starting July 1, United will offer personal-size Uno´s Chicago-style deep-dish pizza on its in-flight menu, and it will expand its onboard beer list to include New Belgium Voodoo Ranger IPA beginning September 1, the airline said.

United customers will also have more Choice Menu options, including Bistro on Board items like the breakfast egg white flatbread; Thai-style chicken ciabatta sandwich; and the new, Mediterranean-inspired protein box, featuring a healthy mix of almonds, sesame sticks, roasted red pepper hummus, and cracked wheat salad.

United has also refreshed some of its popular Snack Shop items, including the tapas box, which now includes flatbread crackers, almonds, bruschetta, cheese spread, hummus, olive crackers, dried fruit, ginger mints and a sea salt dark chocolate caramel.

All new menu items and refreshed snackboxes will be available for purchase on flights within the US with a scheduled flight time of more than 3.5 hours and on all international flights from the US to Canada, Mexico, Central America, and the Caribbean.

Snack Shop items are available on all flights over 1.5 hours within North America, including the Caribbean and select Latin American cities, Singapore, and Australia.

United´s popular cheeseburger and fries will remain on the menu.

Also starting July 1, United will provide customers seated in Economy Plus on its premium transcontinental routes (BOS-SFO, EWR-LAX, and EWR-SFO in both directions) a complimentary hot fresh entrée, dessert and fruit, a pre-arrival snack and alcoholic beverages. Sample menu selections include savory roasted chicken with a smoked barbecue sauce and butternut squash tortellini with sage cream sauce. Dessert options will include cheesecake, as well as a chocolate brownie and fresh seasonal fruit.

United Airlines and United Express operate more than 4,500 flights a day to 335 airports across five continents. In 2016, United and United Express operated more than 1.6 million flights carrying more than 143 million customers. The airline operates 737 mainline aircraft and its United Express partners operate 483 regional aircraft, and is a founding member of Star Alliance, which provides service to 192 countries via 28 member airlines.

Charter prices USD 1.5bn senior secured notes

Charter Communications, Inc. (NASDAQ: CHTR) subsidiaries Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the “Issuers”) have priced USD 1.5 billion in aggregate principal amount of notes, the company said.

The notes consist of the following securities:

USD 1.0 billion in aggregate principal amount of senior secured notes due February 2028 (the “2028 Notes”). These notes will bear interest at a rate of 3.750% per annum and will be issued at a price of 99.166% of the aggregate principal amount.

USD 500 million in aggregate principal amount of senior secured notes due May 2047 (the “Follow-on Notes,” and together with the 2028 Notes, the “Notes”). The Follow-on Notes will bear interest at a rate of 5.375% per annum and will be issued at a price of 106.529% of the aggregate principal amount. The Follow-on Notes will form a part of the same series as the 5.375% Senior Secured Notes issued on April 20, 2017 in the aggregate principal amount of USD 1.25 billion.

The Notes will result in proceeds of approximately USD 1.5 billion after deducting underwriting discounts, commissions and new issue discount.

Charter intends to use the net proceeds from the sale of the Notes to pay related fees and expenses and for general corporate purposes, including potential buybacks of the Class A common stock of Charter or common units of Charter Communications Holdings, LLC. Charter expects to close the offering of the Notes on July 6, 2017, subject to customary closing conditions.

Charter (NASDAQ: CHTR) is a broadband communications company and the second largest cable operator in the United States.

Cavium, China Unicom announce trials of M-CORD NFV/5G platforms

Cavium, Inc. (NASDAQ: CAVM), a provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, wired and wireless networking, and China Unicom have announced a targeted program for testing 5G target use cases on M-CORD SDN/NFV platform by using Cavium silicon-based white box hardware in M-CORD racks populated with ThunderX® ARM-based data center COTS servers and XPliant® programmable SDN Ethernet switch-based white box switches, the company said.

China Unicom and Cavium will shortly commence trials in several locations in mainland China to explore the new service.

Cavium and China Unicom will demonstrate Multi-access Edge Computing (MEC) use cases developed through previously announced collaboration with China Unicom utilizing the ON.Lab M-CORD (Mobile Central Office Re-architected as data center) SDN/NFV platform at the Mobile World Congress Shanghai from Jun 28th — Jun 30th 2017. The conference will take place at the Shanghai New International Expo Centre (SNIEC), in the China United Network Communications Group Co., Ltd (“China Unicom”) booth at stand location W4.B20.

This M-CORD SDN/NFV software platform and hardware rack are fully integrated with virtualized and disaggregated mobile infrastructure elements from the edge of the Radio Access Network (RAN) to distributed mobile core and the ONOS and XOS SDN and orchestration software. It allows for a virtually turn-key operation in any central office or edge data center for a full NFV C-RAN deployment. The solution is a full Cavium powered rack combining the ThunderX® ARM based data center servers with the award winning highly programmable XPliant Ethernet leaf and spine SDN switches which enable a compelling platform for M-CORD.

Cavium offers a broad portfolio of infrastructure solutions for compute, security, storage, switching, connectivity, and baseband processing. Its integrated multi-core SoC products deliver software compatible solutions across low to high performance points enabling secure and intelligent functionality in Enterprise, Data Center and Service Provider Equipment. Cavium processors and solutions are supported by an extensive ecosystem of operating systems, tools, application stacks, hardware-reference designs, and other products. Cavium is headquartered in San Jose, CA with design centers in California, Massachusetts, India, Israel, China, and Taiwan.

China Unicom was officially established on 15 October 2008, and is committed to forging itself into a world-leading innovative ICT service provider. As of 2015, China Unicom is ranked 207 among the Fortune Global 500. As a leading operator providing both fixed-line and mobile services in China, the subscriber number of fixed service and mobile service is more than 300 million, and its service covers 31 provincial branches and 7 overseas operations. It has about 400,000 employees.

ZTE, China Mobile showcase 5G eMBB scenario

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has launched a live 5G field test in Guangdong, deployed with China Mobile, and showcasing an enhanced 5G Mobile Broadband (eMBB) user experience scenario to the world, the company said.

The ultra-high rate in low-frequency 5G network coverage was demonstrated live at the show. At the 100 MHz bandwidth, the single-user rate reached 2Gbps.

China Mobile and ZTE conducted the 5G field test in Guangzhou University Town, which is one of the most typical high-traffic scenarios and also a key ´pilot field´ for enhancing user experience in 5G eMBB scenarios. ZTE´s 3.5GHz NR base station product was used in the 5G field test in Guangzhou. For the next stage, multi-site networking tests will be deployed to test wireless coverage, throughput, mobility, delay, and other 5G network indicators.

As one of China Mobile´s strategic 5G partners, ZTE actively responds to China Mobile´s 5G strategic needs by providing a full range of products, including 5G radio access networks (RANs) and virtual core networks (VCNs). In addition, ZTE has been providing full support in the research on key technologies, definition of product specifications, and testing of pilot networks to guarantee the fulfilment of strategic goals.

ZTE and China Mobile have already carried out extensive collaboration in the 2G, 3G, and 4G fields, and even more so in the 5G field. In 2016, ZTE signed a 5G strategic cooperation memorandum with China Mobile, and ZTE´s ground-breaking Pre5G Massive MIMO base stations were deployed in the existing network of China Mobile. In February 2017, ZTE, Qualcomm, and China Mobile jointly announced that they planned to conduct interoperability tests based on 5G NR specifications and over the air (OTA) field tests to facilitate large-scale rapid verification and commercialisation of the 5G NR technology.

ZTE plays a leading role in the verification of 5G technologies and the development of 5G products. By adopting the development of 5G as its core strategy, ZTE is expected to invest billions of dollars in 5G R&D before 2018, and boasts more than 2,000 5G R&D engineers worldwide. ZTE has always promoted 5G standards. In 2017, ZTE initiated and played a leading role in the non-orthogonal multiple access (NOMA) project, a core 5G NR project.

ZTE is a provider of advanced telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers.

Transtelco raises new debt capital from Deutsche Bank

Transtelco, a binational provider of fiber optic services, has raised new debt capital from Deutsche Bank, the company said.

Transtelco will use the proceeds from the Deutsche Bank loan to refinance its existing indebtedness with the remainder to be used for capital expenditures and general corporate purposes.

Transtelco operates one of the most reliable networks in the Southern United States and in Mexico with more than 7,000 miles of fiber optic cable servicing its blue-chip enterprise and wholesale customer base.

Founded in 2001, Transtelco owns and operates a state of the art long-haul and metropolitan fiber network along the Southern US and Mexico. Transtelco provides unparalleled solutions that enables its clients to meet growth and profitability goals / targets. The combination of our Fiber Optic Network and cutting-edge technology delivers exceptional performance and significant return on investment opportunities for our customers.