Rheinmetall reports “boom” as results hit new records with orders for vehicles, ammunition and weapons
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
ExpressJet Holdings, parent company of regional and charter airline operator ExpressJet Airlines, has reported traffic and capacity results for December 2009 and announced its expected fleet allocation for 2010.
In scheduled flying during December, ExpressJet revenue passenger miles (RPMs) totalled 692 million and available seat miles (ASMs) flown were 873 million. ExpressJet's December load factor, operating as Continental Express, was 79.3%. The company flew 57,465 block hours and operated 29,975 departures during the month as Continental Express. During the month, ExpressJet transitioned four aircraft from its Continental Express flying to begin preparing for the multi-year agreement that begins with United Airlines in May 2010.
As previously announced, ExpressJet will operate 22 ERJ 145s under the United Express brand beginning in May 2010. Prior to 1 May 2010, ExpressJet will operate up to 22 aircraft under a short-term arrangement for United to assist with the transition of flying from their previous partner. The arrangement began with three aircraft on 1 December 2009, and is scheduled to increase to 22 aircraft by March 2010. With the addition of this flying, ExpressJet expects its 2010 fleet to equal 244 aircraft allocated, with 206 aircraft flying as Continental Express; 22 aircraft flying as United Express – increasing to 32 aircraft from May to October 2010 – and 16 aircraft operating within the charter division, decreasing to six aircraft from May to October 2010.
The eight aircraft being transitioned from Continental Express are being subleased by ExpressJet.
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
The forecast came as the Italian firm presented its new 2025–29 industrial plan to analysts, with its future figures bolstered by the European increase in defence spending.
Speaking before a committee on European affairs, the speakers addressed recent developments following an eventful few days. During this period, the UK pushed for increased support for Ukraine, while the EU eased budget constraints to allow for greater defence spending. Meanwhile, across the Atlantic, US President Donald Trump introduced tariffs that could impact the defence industry.
NATO and other Western countries had been singing from the same song sheet since the full-scale invasion of Ukraine by Russia three years ago but the alliance has been weakened as the new US administration under President Donald Trump pauses military aid to Ukraine.
Since the release of Ireland’s Commission on the Defence Forces (CoDF) report two years ago there have been whisperings about the potential of Ireland buying fighter jets, one of the most ambitious recommendations. The prospect has now inched closer.
UK Prime Minister Keir Starmer raises defence spending, while both NATO and President Trump demand significant further increases.