Dutch airline KLM orders up to 35 planes as it looks to refresh Cityhopper fleet

PARIS — Brazilian aerospace firm Embraer announced Wednesday that Dutch airline KLM has committed to buying as many as 35 of its E195-E2 aircraft. KLM Cityhopper, which is a subsidiary of the main KLM airline, has offered a firm order to buy 15 jets with purchase rights for 20 more. The 15 firm deliveries from Embraer to KLM are expected to be made between 2021 and 2024. The Embraer E195-E2 is claimed to use 30% less fuel compared to KLM Cityhopper’s current fleet of Embraer E190s, leading Elber


PARIS — Brazilian aerospace firm Embraer announced Wednesday that Dutch airline KLM has committed to buying as many as 35 of its E195-E2 aircraft. KLM Cityhopper, which is a subsidiary of the main KLM airline, has offered a firm order to buy 15 jets with purchase rights for 20 more. The 15 firm deliveries from Embraer to KLM are expected to be made between 2021 and 2024. The Embraer E195-E2 is claimed to use 30% less fuel compared to KLM Cityhopper’s current fleet of Embraer E190s, leading Elber
Dutch airline KLM orders up to 35 planes as it looks to refresh Cityhopper fleet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: david reid
Keywords: news, cnbc, companies, looks, orders, planes, refresh, current, fleet, elbers, embraer, cityhopper, e195e2, aircraft, deal, klm, airline, dutch, firm, 35, paris


Dutch airline KLM orders up to 35 planes as it looks to refresh Cityhopper fleet

An Embraer E195 jet airliner on display at the 2019 Paris Air Show opened at Le Bourget Airport.

PARIS — Brazilian aerospace firm Embraer announced Wednesday that Dutch airline KLM has committed to buying as many as 35 of its E195-E2 aircraft.

KLM Cityhopper, which is a subsidiary of the main KLM airline, has offered a firm order to buy 15 jets with purchase rights for 20 more. Based on current list prices the deal has a value of around $2.5 billion, although a steep discount on that figure is expected.

The deal, again based on Embarer’s catalog pricing, means that the conglomerate has taken orders of 78 aircraft, worth around $4.6 billion, during the Paris Air Show this week.

The 15 firm deliveries from Embraer to KLM are expected to be made between 2021 and 2024.

Speaking at the press conference, KLM President and CEO Pieter Elbers said previous purchases of Embraer’s E190 and E175 model had expanded the airline’s route network, but refused to be drawn on any new destinations thanks to the E195-E2’s longer range.

The Embraer E195-E2 is claimed to use 30% less fuel compared to KLM Cityhopper’s current fleet of Embraer E190s, leading Elbers to describe the plane as “environmentally friendly.”

Elbers added that existing Embraer aircraft in the KLM fleet had received “a lot of positive feedback” from customers.

He said the slot availability at the busy Schiphol Airport in Amsterdam would determine if the aircraft would be used as a replacement to older planes or also as an opportunity to expand.


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: david reid
Keywords: news, cnbc, companies, looks, orders, planes, refresh, current, fleet, elbers, embraer, cityhopper, e195e2, aircraft, deal, klm, airline, dutch, firm, 35, paris


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Cathay Pacific says it’s ‘very happy’ with its Boeing fleet, despite recent 737 Max crash

U.S. plane manufacturer Boeing has been mired in controversy since its 737 Max 8 operated by Ethiopian Airlines crashed minutes after takeoff on Sunday, killing all 157 people on board. Despite recent safety concerns surrounding the 737 Max 8, Cathay Pacific’s CEO said Thursday he was “very happy” with the Hong Kong-based carrier’s Boeing fleet. Speaking to CNBC’s “Squawk Box Asia,” Rupert Hogg said “about 50-50” of the airline’s fleet is made up of Boeing and Airbus planes — namely, the Boeing


U.S. plane manufacturer Boeing has been mired in controversy since its 737 Max 8 operated by Ethiopian Airlines crashed minutes after takeoff on Sunday, killing all 157 people on board. Despite recent safety concerns surrounding the 737 Max 8, Cathay Pacific’s CEO said Thursday he was “very happy” with the Hong Kong-based carrier’s Boeing fleet. Speaking to CNBC’s “Squawk Box Asia,” Rupert Hogg said “about 50-50” of the airline’s fleet is made up of Boeing and Airbus planes — namely, the Boeing
Cathay Pacific says it’s ‘very happy’ with its Boeing fleet, despite recent 737 Max crash Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: shirley tay, marcio rodrigo machado, getty images
Keywords: news, cnbc, companies, cathay, crash, pacific, despite, 737, airlines, plane, recent, fleet, hogg, boeing, happy, operated, max, killing, ethiopian


Cathay Pacific says it's 'very happy' with its Boeing fleet, despite recent 737 Max crash

U.S. plane manufacturer Boeing has been mired in controversy since its 737 Max 8 operated by Ethiopian Airlines crashed minutes after takeoff on Sunday, killing all 157 people on board.

Despite recent safety concerns surrounding the 737 Max 8, Cathay Pacific’s CEO said Thursday he was “very happy” with the Hong Kong-based carrier’s Boeing fleet.

Speaking to CNBC’s “Squawk Box Asia,” Rupert Hogg said “about 50-50” of the airline’s fleet is made up of Boeing and Airbus planes — namely, the Boeing 777, Airbus A350 and A330. The airline does not fly the Boeing 737 Max.

“It is a tragedy, but we’re very happy with both sets of aircraft that we have,” Hogg said, in reference to Sunday’s deadly crash.

The fatal accident involving Ethiopian Airlines flight 302 — which killed all 149 passengers and eight crew members — comes less than five months after the same model plane operated by Indonesia’s Lion Air crashed shortly after taking off from Jakarta, killing all 189 on board.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: shirley tay, marcio rodrigo machado, getty images
Keywords: news, cnbc, companies, cathay, crash, pacific, despite, 737, airlines, plane, recent, fleet, hogg, boeing, happy, operated, max, killing, ethiopian


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The British army is to invest $44 million in a fleet of tiny hand-sized drones

The British army will invest £31 million ($43.5 million) in a fleet of tiny drones in an effort to “outmanoeuvre enemies on the battlefield.” Funding for the mini-drones will come from a £160 million “Transformation Fund,” U.K. Defence Minister Gavin Williamson announced on Wednesday, adding that the fund would inject £66 million into army robotics. British newspaper The Times reported that the drones will be “smaller than a hand” and weigh less than 200 grams. The report added that the fleet wi


The British army will invest £31 million ($43.5 million) in a fleet of tiny drones in an effort to “outmanoeuvre enemies on the battlefield.” Funding for the mini-drones will come from a £160 million “Transformation Fund,” U.K. Defence Minister Gavin Williamson announced on Wednesday, adding that the fund would inject £66 million into army robotics. British newspaper The Times reported that the drones will be “smaller than a hand” and weigh less than 200 grams. The report added that the fleet wi
The British army is to invest $44 million in a fleet of tiny hand-sized drones Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: chloe taylor, chesky_w, getty images
Keywords: news, cnbc, companies, fleet, military, tiny, million, technology, drones, handsized, 44, british, army, invest, soldiers, end, fund, exercise


The British army is to invest $44 million in a fleet of tiny hand-sized drones

The British army will invest £31 million ($43.5 million) in a fleet of tiny drones in an effort to “outmanoeuvre enemies on the battlefield.”

Funding for the mini-drones will come from a £160 million “Transformation Fund,” U.K. Defence Minister Gavin Williamson announced on Wednesday, adding that the fund would inject £66 million into army robotics.

The new technology will provide soldiers with an “eye-in-the-sky,” the Ministry of Defence said in a press release Tuesday.

British newspaper The Times reported that the drones will be “smaller than a hand” and weigh less than 200 grams. The report added that the fleet will be used to spy on terrorism suspects and monitor battlefields before soldiers arrive.

Williamson said at a military conference on Tuesday that the tech would be deployed to various locations including Estonia, Afghanistan and Iraq by the end of this year.

“Each of these new technologies will enhance our Army’s capabilities whilst reducing the risk to our personnel and I’m delighted we will be revolutionising frontline technology by the end of the year,” he said.

The army tested a range of products at the end of last year as part of the biggest military robot exercise in British history, “Exercise Autonomous Warrior.”


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: chloe taylor, chesky_w, getty images
Keywords: news, cnbc, companies, fleet, military, tiny, million, technology, drones, handsized, 44, british, army, invest, soldiers, end, fund, exercise


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Indian ride-hailing company Ola invests $100 million in a scooter sharing startup

Indian ride-hailing firm Ola will invest $100 million in Vogo, a domestic scooter sharing start-up, and add the company’s fleet of two-wheelers to the Ola app to broaden the range of vehicles it offers, the companies said in a joint statement on Tuesday. Vogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters. It did not disclose how many scooters it currently has but said that more than 100,000 users have


Indian ride-hailing firm Ola will invest $100 million in Vogo, a domestic scooter sharing start-up, and add the company’s fleet of two-wheelers to the Ola app to broaden the range of vehicles it offers, the companies said in a joint statement on Tuesday. Vogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters. It did not disclose how many scooters it currently has but said that more than 100,000 users have
Indian ride-hailing company Ola invests $100 million in a scooter sharing startup Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-18  Authors: mint, hindustan times, getty images
Keywords: news, cnbc, companies, million, invests, 100, vogo, fleet, company, 100000, vehicles, startup, statement, ola, sharing, indian, using, scooters, ridehailing, scooter


Indian ride-hailing company Ola invests $100 million in a scooter sharing startup

Indian ride-hailing firm Ola will invest $100 million in Vogo, a domestic scooter sharing start-up, and add the company’s fleet of two-wheelers to the Ola app to broaden the range of vehicles it offers, the companies said in a joint statement on Tuesday.

Vogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters. It did not disclose how many scooters it currently has but said that more than 100,000 users have commuted for over 20 million kilometres using its two-wheelers.

“Our investment in Vogo will help build a smart multi-modal network for first-last mile connectivity in the country,” Ola co-founder and Chief Executive Officer Bhavish Aggarwal said in the statement.


Company: cnbc, Activity: cnbc, Date: 2018-12-18  Authors: mint, hindustan times, getty images
Keywords: news, cnbc, companies, million, invests, 100, vogo, fleet, company, 100000, vehicles, startup, statement, ola, sharing, indian, using, scooters, ridehailing, scooter


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Waymo taps former NTSB chair to oversee safety of self-driving ride-share fleet

Deborah Hersman, who was chairwoman of the National Transportation Safety Board in the Obama administration, will become chief safety officer for Waymo starting in January. She will focus on ensuring the safe operation of hundreds of driverless vehicles that are expected to shuttle passengers. Hersman has been CEO of the National Safety Council for the last four years. The move comes just weeks before Waymo launches the country’s first autonomous ride-share service in metropolitan Phoenix. Ever


Deborah Hersman, who was chairwoman of the National Transportation Safety Board in the Obama administration, will become chief safety officer for Waymo starting in January. She will focus on ensuring the safe operation of hundreds of driverless vehicles that are expected to shuttle passengers. Hersman has been CEO of the National Safety Council for the last four years. The move comes just weeks before Waymo launches the country’s first autonomous ride-share service in metropolitan Phoenix. Ever
Waymo taps former NTSB chair to oversee safety of self-driving ride-share fleet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-27  Authors: phil lebeau, tj kirkpatrick, bloomberg, getty images
Keywords: news, cnbc, companies, rideshare, oversee, chair, taps, fleet, vehicles, hersman, driverless, vehicle, selfdriving, autonomous, national, waymo, service, phoenix, safety, ntsb


Waymo taps former NTSB chair to oversee safety of self-driving ride-share fleet

Waymo, the Alphabet subsidiary on the cusp of launching the first autonomous rideshare service in the U.S., has hired a former top safety regulator to ensure the company’s fleet of robotaxis operate safely.

Deborah Hersman, who was chairwoman of the National Transportation Safety Board in the Obama administration, will become chief safety officer for Waymo starting in January. She will focus on ensuring the safe operation of hundreds of driverless vehicles that are expected to shuttle passengers.

“I’ve dedicated my career to promoting safety in our communities, and I’m joining Waymo because of the potential to make an even greater impact on reducing road injuries and fatalities,” Hersman said in a statement released by Waymo. Hersman has been CEO of the National Safety Council for the last four years.

Waymo CEO John Krafcik praised Hersman’s career of focusing on safe transportation. “As we begin to make our self-driving cars available to the public, safety will continue to be front-and-center of everything we do,” he said in statement.

The move comes just weeks before Waymo launches the country’s first autonomous ride-share service in metropolitan Phoenix. The company has been testing the service for months with a limited number of passengers riding in Waymo autonomous minivans to make short trips in the Phoenix area.

Ever since Waymo, formerly known as the Google Self-Driving Car Project, start testing autonomous vehicles in 2010, critics have questioned the safety of driverless vehicles. Those questions became more pronounced as a growing number of automakers, tech firms and ride-hailing companies have joined the race to develop driverless cars. Earlier this year, an Uber test vehicle in autonomous-mode hit and killed a pedestrian just outside Phoenix. The deadly accident and video showing the Uber test vehicle failing to identify the pedestrian as she crossed the street at night sparked a national debate as to whether robotaxis are ready for public use.

Waymo is well aware of those concerns and has been emphasizing its push to ensure its vehicles are safe.

In addition to signing Hersman, Waymo has also hired its first chief commercial officer, Amee Chande, who will oversee business strategy, operations, and strategic partnerships as the company starts to monetize its work with driverless vehicles. Chande joins Waymo after serving as managing director of global strategy and operations for Alibaba Group.


Company: cnbc, Activity: cnbc, Date: 2018-11-27  Authors: phil lebeau, tj kirkpatrick, bloomberg, getty images
Keywords: news, cnbc, companies, rideshare, oversee, chair, taps, fleet, vehicles, hersman, driverless, vehicle, selfdriving, autonomous, national, waymo, service, phoenix, safety, ntsb


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Volkswagen shares jump as third-quarter profits beat expectations

Volkswagen reported stronger-than-expected net profit for the third quarter of this year, but the company’s chief financial officer told CNBC Tuesday that challenges will only intensify as the market demands more innovation. Volkswagen’s liquidity was impacted in the latest numbers, as research and development (R&D) costs clocked 9.9 billion euros ($11.25 billion). The CFO stressed this was critical if the company aimed to compete in a fast-evolving auto market. “We have for the longest time bee


Volkswagen reported stronger-than-expected net profit for the third quarter of this year, but the company’s chief financial officer told CNBC Tuesday that challenges will only intensify as the market demands more innovation. Volkswagen’s liquidity was impacted in the latest numbers, as research and development (R&D) costs clocked 9.9 billion euros ($11.25 billion). The CFO stressed this was critical if the company aimed to compete in a fast-evolving auto market. “We have for the longest time bee
Volkswagen shares jump as third-quarter profits beat expectations Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-30  Authors: natasha turak, spriha srivastava
Keywords: news, cnbc, companies, rd, meet, targets, fleet, beat, volkswagen, profits, co2, jump, thirdquarter, market, critical, shares, expectations, rightly, witter, billion


Volkswagen shares jump as third-quarter profits beat expectations

Volkswagen reported stronger-than-expected net profit for the third quarter of this year, but the company’s chief financial officer told CNBC Tuesday that challenges will only intensify as the market demands more innovation.

“There is a very challenging transition ahead of the entire industry and us certainly as well, which means that even more ambitious CO2 fleet targets we have to meet, this is only to be achieved if you electrify your fleet to a certain extent,” said Frank Witter, speaking to the “Squawk Box Europe.”

Volkswagen’s liquidity was impacted in the latest numbers, as research and development (R&D) costs clocked 9.9 billion euros ($11.25 billion). The CFO stressed this was critical if the company aimed to compete in a fast-evolving auto market.

“We have for the longest time been rightly criticized for overspending,” Witter said, confirming guidance for capital expenditure and R&D, each in the range of 6.5 to 7 percent. “We rightly prepare to market for an uplift this year in order to be ready for CO2 compliance by 2020 but also for the continued electrification and digitization of our offering, which is critical to meet those targets.”


Company: cnbc, Activity: cnbc, Date: 2018-10-30  Authors: natasha turak, spriha srivastava
Keywords: news, cnbc, companies, rd, meet, targets, fleet, beat, volkswagen, profits, co2, jump, thirdquarter, market, critical, shares, expectations, rightly, witter, billion


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Russia sub fleet capable of launching hypersonics will be ready by 2024

WASHINGTON — A new Russian nuclear-powered submarine fleet, capable of launching intercontinental ballistic missiles outfitted with hypersonic weapons, will be ready for war by 2024, according to a person with firsthand knowledge of a U.S. intelligence report. The Borei II submarine, also designated Borei-A, is a fourth-generation nuclear-powered ballistic missile submarine that is slated to join the Russian Navy’s Northern and Pacific Fleets. The Borei II, which is the first class of submarines


WASHINGTON — A new Russian nuclear-powered submarine fleet, capable of launching intercontinental ballistic missiles outfitted with hypersonic weapons, will be ready for war by 2024, according to a person with firsthand knowledge of a U.S. intelligence report. The Borei II submarine, also designated Borei-A, is a fourth-generation nuclear-powered ballistic missile submarine that is slated to join the Russian Navy’s Northern and Pacific Fleets. The Borei II, which is the first class of submarines
Russia sub fleet capable of launching hypersonics will be ready by 2024 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-21  Authors: amanda macias, alexei lipnitsky, tass, via getty
Keywords: news, cnbc, companies, 2024, launching, ready, sub, missile, ii, bulava, fleet, submarine, borei, ballistic, hypersonic, russian, hypersonics, weapons, capable, russia


Russia sub fleet capable of launching hypersonics will be ready by 2024

WASHINGTON — A new Russian nuclear-powered submarine fleet, capable of launching intercontinental ballistic missiles outfitted with hypersonic weapons, will be ready for war by 2024, according to a person with firsthand knowledge of a U.S. intelligence report.

In order to finance eight of the submarines, Moscow cut funding for other military modernization programs, such as the nation’s surface vessel fleet, according to the person, who spoke to CNBC on the condition of anonymity.

The Borei II submarine, also designated Borei-A, is a fourth-generation nuclear-powered ballistic missile submarine that is slated to join the Russian Navy’s Northern and Pacific Fleets. The U.S. Navy, by comparison, boasts one of the largest submarine fleets in the world, with 14 Ohio-class vessels tasked with the nuclear deterrence mission.

The Borei II, which is the first class of submarines developed by Russia since the Cold War, can launch 20 Bulava intercontinental ballistic missiles. Each Bulava can carry a bomb yielding 100 to 150 kilotons, which is approximately 10 times more powerful than the Little Boy atomic bomb dropped on Hiroshima.

What’s more, unlike a traditional missile, which carries one warhead, the Bulava missile is capable of carrying up to 10 nuclear and hypersonic weapons on its tip. That means one Borei II submarine could potentially launch 200 hypersonic weapons, a threat the U.S. is currently unable to defend against.

A hypersonic weapon can travel at Mach 5 or higher, which is at least five times faster than the speed of sound. This means that a hypersonic threat can travel about one mile per second.

Read more: Here’s what hypersonic weapons are and why the U.S. can’t defend against them

The latest revelations come a little more than six months after Russian President Vladimir Putin touted his nation’s growing hypersonic arsenal as “invincible.” Inevitably, Moscow’s sprint to field this new breed of weapon has sparked fears over a budding arms race.

“I want to tell all those who have fueled the arms race over the last 15 years, sought to win unilateral advantages over Russia, introduced unlawful sanctions aimed to contain our country’s development: You have failed to contain Russia,” Putin said during his March national address.


Company: cnbc, Activity: cnbc, Date: 2018-09-21  Authors: amanda macias, alexei lipnitsky, tass, via getty
Keywords: news, cnbc, companies, 2024, launching, ready, sub, missile, ii, bulava, fleet, submarine, borei, ballistic, hypersonic, russian, hypersonics, weapons, capable, russia


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Boeing ups forecast for China’s new plane purchases over 20 years

Chinese airlines will buy 7,690 new planes worth $1.2 trillion over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing said on Tuesday, raising a previous forecast. Boeing and its European rival Airbus have been jostling to increase market share in China, the world’s fastest growing aviation market, with both opening assembly plants in the country. The company has so far been mostly spared in an ongoing trade war between the United States and China


Chinese airlines will buy 7,690 new planes worth $1.2 trillion over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing said on Tuesday, raising a previous forecast. Boeing and its European rival Airbus have been jostling to increase market share in China, the world’s fastest growing aviation market, with both opening assembly plants in the country. The company has so far been mostly spared in an ongoing trade war between the United States and China
Boeing ups forecast for China’s new plane purchases over 20 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-11  Authors: daniel slim, afp, getty images
Keywords: news, cnbc, companies, united, 20, planes, widebody, trillion, plane, commercial, president, purchases, forecast, fleet, worlds, chinas, boeing, ups, china, previous


Boeing ups forecast for China's new plane purchases over 20 years

Chinese airlines will buy 7,690 new planes worth $1.2 trillion over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing said on Tuesday, raising a previous forecast.

The U.S. planemaker’s latest estimate for the period to 2037 is 6.2 percent higher than its previous prediction of 7,240 planes until 2036 made last year.

“The growth in China can be attributed to the country’s growing middle class, which has more than tripled in the last 10 years and is expected to double again in the next 10,” said Randy Tinseth, Boeing Commercial Airplanes’ vice president of marketing, in a statement.

Boeing and its European rival Airbus have been jostling to increase market share in China, the world’s fastest growing aviation market, with both opening assembly plants in the country.

The company has so far been mostly spared in an ongoing trade war between the United States and China. Large airplanes have been left out of China’s retaliatory tariff lists although U.S. President Donald Trump has threatened to slap tariffs on virtually all Chinese imports into the United States.

Boeing also predicted that China will account for 18 percent of the world’s commercial airplane fleet by 2037, up from 15 percent currently, and forecast that the country will need over $1.5 trillion in commercial services to support its fleet.

Three quarters of the 7,690 plane orders over the next 20 years will likely be for single-aisle aircraft while China’s widebody fleet will require 1,620 new planes, tripling the country’s current widebody fleet size, it added.


Company: cnbc, Activity: cnbc, Date: 2018-09-11  Authors: daniel slim, afp, getty images
Keywords: news, cnbc, companies, united, 20, planes, widebody, trillion, plane, commercial, president, purchases, forecast, fleet, worlds, chinas, boeing, ups, china, previous


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Celebrity Cruises is spending $500 million to makeover every room on every ship — take a look inside

Celebrity Cruises’ fleet is getting a face lift — one that costs $500 million. Starting in 2019, the luxury cruise line is upgrading all their current 11,641 staterooms aboard a fleet of 12 ships (not including, Edge which debuts in November) in what is the largest room renovation in cruise ship history, according to Celebrity. All staterooms will be revamped, from inside cabins and ocean view accommodations to premium-category staterooms like Concierge Class. Staterooms will feature cashmere ma


Celebrity Cruises’ fleet is getting a face lift — one that costs $500 million. Starting in 2019, the luxury cruise line is upgrading all their current 11,641 staterooms aboard a fleet of 12 ships (not including, Edge which debuts in November) in what is the largest room renovation in cruise ship history, according to Celebrity. All staterooms will be revamped, from inside cabins and ocean view accommodations to premium-category staterooms like Concierge Class. Staterooms will feature cashmere ma
Celebrity Cruises is spending $500 million to makeover every room on every ship — take a look inside Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-23  Authors: jimmy im, celebrity cruises
Keywords: news, cnbc, companies, 500, ship, million, staterooms, ships, look, cruises, celebrity, makeover, fleet, room, inside, warm, ultra, soft, view, upgrading, spending, cruise


Celebrity Cruises is spending $500 million to makeover every room on every ship — take a look inside

Celebrity Cruises’ fleet is getting a face lift — one that costs $500 million.

Starting in 2019, the luxury cruise line is upgrading all their current 11,641 staterooms aboard a fleet of 12 ships (not including, Edge which debuts in November) in what is the largest room renovation in cruise ship history, according to Celebrity.

All staterooms will be revamped, from inside cabins and ocean view accommodations to premium-category staterooms like Concierge Class. Staterooms will feature cashmere mattresses, making them ultra soft and warm.


Company: cnbc, Activity: cnbc, Date: 2018-08-23  Authors: jimmy im, celebrity cruises
Keywords: news, cnbc, companies, 500, ship, million, staterooms, ships, look, cruises, celebrity, makeover, fleet, room, inside, warm, ultra, soft, view, upgrading, spending, cruise


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Ride-hailing firm Grab invests in fast-charging electric fleet

Singapore-based ride-hailing business Grab has entered into a strategic partnership with the SP Group that will see 200 new, fast-charging electric vehicles (EVs) use the major utility’s fast-charging network. The EVs are set to be rolled out from the beginning of 2019, Grab said in a statement Thursday. Grab said drivers using the new models will benefit from preferential charging rates from SP, which has plans to build 500 publicly accessible charging points in Singapore by 2020. Its platform


Singapore-based ride-hailing business Grab has entered into a strategic partnership with the SP Group that will see 200 new, fast-charging electric vehicles (EVs) use the major utility’s fast-charging network. The EVs are set to be rolled out from the beginning of 2019, Grab said in a statement Thursday. Grab said drivers using the new models will benefit from preferential charging rates from SP, which has plans to build 500 publicly accessible charging points in Singapore by 2020. Its platform
Ride-hailing firm Grab invests in fast-charging electric fleet Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-23  Authors: anmar frangoul, roslan rahman, afp, getty images
Keywords: news, cnbc, companies, sp, electric, charging, ridehailing, evs, singapore, points, range, grab, firm, model, fleet, fastcharging, invests, using


Ride-hailing firm Grab invests in fast-charging electric fleet

Singapore-based ride-hailing business Grab has entered into a strategic partnership with the SP Group that will see 200 new, fast-charging electric vehicles (EVs) use the major utility’s fast-charging network.

The EVs are set to be rolled out from the beginning of 2019, Grab said in a statement Thursday.

Grab said drivers using the new models will benefit from preferential charging rates from SP, which has plans to build 500 publicly accessible charging points in Singapore by 2020.

Founded in 2012, Grab has operations in eight countries across Southeast Asia. Its platform enables users to book a range of services, from taxi rides to food delivery, using their smartphone. The business states that it is home to the region’s biggest network of environmentally friendly vehicles.

The new EV model has an estimated range of 400 kilometers per charge. Grab said that drivers will need roughly 40 minutes at one of SP’s high-speed, direct current charging points for a day’s worth of driving.

“We have heard from our driver-partners that a faster charge time and longer EV driving range are important considerations for them when making the switch to EVs,” Lim Kell Jay, head of Grab Singapore, said.

“We have taken their feedback on board and have negotiated the best deals to bring them concrete savings and the best vehicle model to cater to their driving needs.”


Company: cnbc, Activity: cnbc, Date: 2018-08-23  Authors: anmar frangoul, roslan rahman, afp, getty images
Keywords: news, cnbc, companies, sp, electric, charging, ridehailing, evs, singapore, points, range, grab, firm, model, fleet, fastcharging, invests, using


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