United Airlines investing $33 million to buy land in Denver

Jun 11, 2023

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United Airlines announced on Friday that as part of its growth strategy, it will spend $33 million to purchase 113 acres (46 hectares) near Denver.

The American airline, which has its headquarters in Chicago, stated that it intends to use “part of this land as the site for the expansion of our world-class Denver pilot training facility.”

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When asked if United may utilize the property to relocate its corporate office, a spokeswoman for the company responded, “The land in Denver gives us options for the future as we implement our big plans to grow.”

Two plots are being purchased by United, one of which is near the Denver International Airport and has access to the company’s flight training facility. United continued by saying that the airline has “been in Chicago for decades and have thousands of employees here” and that there is an urgent need to expand its Flight Training Centre.

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Beyond that, it is prudent for any significant firm to seize possibilities to purchase land in its main locations when they present themselves. As a result, the airline added, “We didn’t want to miss this opportunity in Denver.”

“Our growth means great things for our customers, our employees, and the communities we serve, including Denver,” United stated in a statement. And we have many of choices with this property. We’ve already started planning to use a portion of this land to expand our top-notch Denver pilot training centre, for instance, and we’ll continue to assess new options as our United Next strategy develops.

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Man drinking beer as his 11-year-old son flying plane before fatal crash

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Jet.AI, an innovative private aviation artificial intelligence (“AI”) company, has announced the release of CharterGPT, an AI-powered charter booking tool. This innovative technology streamlines the tedious procedure of booking a private jet. The CharterGPT app connects with both consumers and charter operators using natural language processing to reduce the time spent by a broker as the “human-in-the-loop.”

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Currently, 80% of the approximately 2,350 Part 135 charter operators in the United States have fewer than ten aircraft, and 60% have fewer than five. These Part 135 charter businesses operate similarly to micro airlines and can be difficult to obtain a charter quote from. Aside from handling client interactions, CharterGPT is intended to assist screen through and receive responses from these smaller operators through outbound, interactive, natural language communication.

The upcoming version of the app, which is planned in the autumn, is also anticipated to incorporate Stripe for payments and provide seamless contract reconciliation between Jet.AI’s contracts with consumers and contracts with operators include advice on preferred ground transportation, the most effective airport locations to travel into and out of, the most advantageous departure dates, and more.

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The CharterGPT app has been uploaded to the iOS store and is planned for release in early August with Android store release expected a few weeks later. For more information on Jet.AI and CharterGPT, please visit www.jet.ai.

CharterGPT is Jet.AI’s most recent product launch comes on the heels of its proposed business combination announcement with Oxbridge Acquisition Corp. Upon the closing of the transaction the combined company will be named Jet.AI Inc. and its securities are expected to be publicly listed on Nasdaq Capital Markets.

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A shocking video has surfaced of a father seemingly drinking a bottle of beer while his 11-year-old son pilots their private plane. It comes as investigators try to determine whether the footage was shot just before both individuals died in a plane crash.

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Researcher Garon Maia, 42, and his son Francisco Maia died on July 29 when their twin-engine Beechcraft Baron 58, valued at about $1.2 million, crashed into a forest between Rondônia and Mato Grosso. It’s unknown if Garon shared the video that appears to show both of them, which has already surfaced on social media.

Vídeo mostra filho do pecuarista Garon Maia, de 12 anos, pilotando avião que caiu em uma área de mata fechada na divisa entre Rondônia e Mato Grosso. Os dois morreram no acidente @meionorte https://t.co/mry8orbNnm pic.twitter.com/EGtMNZtb6Y— Meio Norte (@meionorte) July 30, 2023

He can be seen in the video showing Francisco how to fly the plane when it is speeding down a dirt runway while he is sitting in the co-pilot seat. It is unknown if the footage shows both of them on the tragic trip.

Garon asks in the video: “Wait, everything ready? Okay, nothing upfront. 600 horses, please, you can push. 600 Kiko, move along. Put your hand on the lever. Keep your hand there and observe the speed. He is then shown drinking a beer and saying, “The passenger can have one, right Kiko?”

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Authorities claim that his plane took off about 5.50 p.m. and crashed eight minutes later after it vanished from radar. Rescue personnel combed the region on Saturday and were successful in finding the bodies on Sunday.

Investigating the cause of the incident is the Research Centre for the Prevention of Aeronautical Accidents. According to Brazilian legislation, in order to operate an aircraft, a person must be at least 18 years old, have finished flight training, and be registered with the National Civil Aviation Agency.

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In the second quarter of 2023, Embraer supplied 47 jets in total, of which 17 were commercial airplanes and 30 were executive jets (19 light jets and 11 midsize jets). The company delivered 62 aircraft in all throughout the year (24 commercial and 38 executive). Deliveries in the second quarter were 47% greater than they were in the corresponding quarter in 2022.

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In comparison to 2022, when 46 jets were delivered, the volume in the first half of 2023 climbed by 35%. The volume of deliveries grew by 43% for executive jets and by 55% for commercial aviation as compared to the second quarter of 2022. The firm’s order backlog was at US$17.3 billion at the end of the reporting quarter.

American Airlines placed a definitive order with Embraer for seven brand-new E175 aircraft. The subsidiary Envoy Air will fly the aircraft. By the end of 2024, Envoy’s fleet of E-Jets will number around 141 aircraft once deliveries start in 4Q23.

Binter also placed a solid order with Embraer for six E195-E2 aircraft. When the aircraft are delivered, Binter’s fleet of E2 aircraft will total sixteen aircraft. Once all contractual snags are resolved, this order will be added to Embraer’s backlog.

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SKS Airways of Malaysia signed a contract to purchase 10 E195-E2 aircraft for its fleet. SKS also joined the Pool Programme to support the operation of aircraft in Southeast Asia. Additionally, nine E190-E2s will be added to Scoot’s fleet. Scoot is a low-cost division of Singapore Airlines. Royal Jordanian Airlines also struck a deal to add eight E190-E2 and E195-E2 aircraft to its fleet, with delivery beginning in the 4Q23. Contracts with the leasing firm Azorra were a part of all three deals.

With Star Air, an Indian airline that already uses E-Jets, four E175s went into service. Additionally, Star Air expanded the scope of its Pool Programme contract to cover its fleet of E175s.

Embraer Services & Support extended Pool Programme contracts with Rex Group (Australia) and Amelia (France), in addition to Star Air and SKS Airways. The introduction of 20 E-Jets P2F for the Lanzhou Group was another high point of the quarter for the business unit. This P2F contract between Embraer and China is unique.

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With regards to Executive Aviation, NetJets and Embraer have a contract for the purchase of up to 250 Praetor 500 jet options. Deliveries are anticipated to start in 2025, and the transaction is estimated to be worth more than $5 billion.

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