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Low Fuel Costs Aid Delta's Q2 Earnings, Expenses on Labor Stay High
ZACKS· 2025-07-11 16:06
Key Takeaways DAL posted better-than-expected Q2 earnings and revenues, though earnings fell year over year. Labor costs jumped 10% in Q2 due to higher wages from a 2023 pilot contract. A 13% drop in fuel expenses helped offset rising costs, aided by falling oil prices in the June quarter.Delta Air Lines (DAL) reported better-than-expected earnings per share and revenues in the second quarter of 2025, results of which were unveiled yesterday. However, the bottom line declined substantially year over year ...
Babies' lives at risk as Israel blocks fuel used in Gaza hospitals
NBC News· 2025-07-11 14:40
As you can see, this system is depending on the electricity. If the electricity was cut off, this system will be turned off and this baby will not survive. Regarding the fuel, uh actually the situation now is very catastrophic.Uh because the electricity will probably go off within 24 hours. This means that uh a lot of patients especially in the pediatric ICU and uh skip in addition to other departments are subjected to inevitable death. If we didn't receive the fuel within within 24 hours, this mean that ar ...
Houston American Energy Secures $5 Million in Strategic Financing to Acquire Texas Gulf Coast Development Site
Globenewswire· 2025-07-11 12:30
Core Viewpoint - Houston American Energy Corp. has secured a $5 million Convertible Note to fund part of the acquisition of a 25-acre site at Cedar Port Industrial Park, aimed at developing a plastics-to-low-carbon fuels hub [1][4]. Group 1: Acquisition Details - The acquisition site is located in the largest rail and barge-served industrial park in the U.S., providing logistical advantages for transporting feedstock and low-carbon fuels [2]. - The expected closing date for the acquisition is July 2025, with a total cost of approximately $8.5 million [4]. Group 2: Financial Instrument - The Senior Secured Convertible Note has an 8% Original Issue Discount for a face amount of about $5.4 million and carries a 7% interest rate, maturing on July 10, 2026 [3]. - The Note is convertible into common shares at a price representing a 10% premium to a defined look-back price, which is the lower of the closing price on the day prior to signing or the five-day average closing price [3]. Group 3: Company Overview - Houston American Energy Corp. is an independent energy company with a diversified portfolio in both conventional and renewable sectors, focusing on oil and natural gas exploration and production [5]. - The company has recently acquired Abundia Global Impact Group, which specializes in converting waste plastics into low-carbon fuels, reflecting its commitment to sustainable energy solutions [5].
Bombardier’s Blazing Fast Global 7500 Jet Sets its 135th City-Pair Speed Record, the Most Ever Achieved by a Single Business Aircraft Type
Globenewswire· 2025-07-11 10:30
Core Insights - Bombardier's Global 7500 business jet has set a record of 135 speed records, the highest for any single business aircraft type [1][9] - The Global 7500 has achieved significant milestones, including the longest flight in business aviation history at 8,225 nautical miles (15,232.7 km) from Sydney to Detroit [2][9] - The upcoming Global 8000 aircraft is expected to have a range of 8,000 nautical miles (14,816 km) and a top speed of Mach 0.94, enhancing Bombardier's offerings in the ultra-long-range category [4][5] Performance Attributes - The Global 7500 features a top speed of Mach 0.925 and a baseline range of 7,700 nautical miles (14,260 km), setting a new benchmark in its category [3][9] - The aircraft's Smooth Flĕx Wing design improves aerodynamic efficiency, reduces fuel burn, and enhances safety, providing a smooth ride [3] - The Global 8000 is designed for impressive runway performance, allowing access to smaller airports that other aircraft in its category cannot reach [5] Customer Commitment - Bombardier aims to meet the needs of discerning customers by providing reliable, fast, and efficient business tools [3][6] - The company operates a fleet of over 5,100 aircraft, supported by a global network and multiple service facilities [8] - Bombardier is committed to sustainability, planning to cover all flight operations with a Sustainable Aviation Fuel (SAF) blend [10]
Bombardier's Blazing Fast Global 7500 Jet Sets its 135th City-Pair Speed Record, the Most Ever Achieved by a Single Business Aircraft Type
GlobeNewswire News Room· 2025-07-11 10:30
Industry flagship stands alone as the most decorated record-setting business jet of all time, solidifying its position as the leader of the ultra-long-range classThe record-breaking aircraft has set 135 city-pair missions, further highlighting its incredible performance attributesWith more than 200 aircraft in service achieving more than 250,000 flying hours, the proven Global 7500 sets the stage for the company’s Global 8000(2), which is ready to enter into service later this year MONTREAL, July 11, 2025 ( ...
X @SpaceX
SpaceX· 2025-07-09 15:52
Installing the redesigned fuel transfer tube into the first next generation Super Heavy booster.Roughly the same size as the first stage of a Falcon 9 rocket, the new transfer tube is responsible for channeling cryogenic fuel from Super Heavy's main tank to its 33 Raptor engines and will enable faster, more reliable flip maneuvers and the ability for simultaneous engine startup ...
Lightbridge Announces Participation in Upcoming Industry and Investor Events
GlobeNewswire News Room· 2025-07-09 12:00
RESTON, Va., July 09, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), a leader in advanced nuclear fuel technology, today announced that management will participate in the following industry conferences and events: H.C. Wainwright Powering the Future ConferenceSeth Grae, President and Chief Executive Officer of Lightbridge, participates in a virtual fireside chat on Tuesday, July 15, 2025, at 10:00 a.m. ET during the H.C. Wainwright Powering the Future: Advancing Innovation through Nuclear ...
Ballard Announces Q2 2025 Results Conference Call
Prnewswire· 2025-07-09 11:30
VANCOUVER, BC, July 9, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Monday, August 11th, 2025 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review second quarter 2025 operating results.The live call can be accessed by dialing +1-833-821-2814 (Canada/US toll free). Alternatively, a live webcast can be accessed through a link on Ballard's homepage (www.ballard.com). Following the call, the webcast will be archived in the 'Earnings, Interviews & P ...
New Paint Facility at Bombardier’s London Biggin Hill Service Centre Progressing to Plan as Structure Takes Shape
Globenewswire· 2025-07-08 21:01
Core Points - Bombardier is developing a new 51,000 sq. ft. paint facility at the London Biggin Hill Service Centre, with significant progress made in ground stabilization and foundation work [2][3] - The new facility will employ over 50 skilled paint technicians and complement the existing 250,000 sq. ft. service facility, enhancing Bombardier's service offerings [3][5] - The targeted completion date for the paint facility is in the second half of 2026, aiming to provide comprehensive maintenance options for Bombardier aircraft [3][4] Company Developments - The London Biggin Hill Service Centre, inaugurated in 2017 and expanded in 2022, serves as a key economic driver for the region, showcasing Bombardier's commitment to enhancing its service capabilities [6] - Recent expansions include the addition of a 700-sq. ft. material lounge in collaboration with F/LIST, providing access to a wide range of interior materials [7] - Bombardier has also installed over 3,000 solar panels on the service centre roof and established a new line maintenance station at Farnborough Airport for light maintenance and AOG support [8] Economic Impact - The new paint facility is expected to create high-paying jobs in Bromley and Biggin Hill, contributing to local economic growth [4][5] - The presence of Bombardier at the London Biggin Hill Airport is seen as a significant benefit for the borough, attracting inward investment and job opportunities [4]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-08 18:39
From @WSJopinion: Trump wanted to derail the push against fossil fuels and enhance America’s influence in world energy markets. With unexpected support from Canada, Argentina, Guyana and Brazil, his chances of success look good, writes @wrmead. https://t.co/bHVUbSQ2tq ...