Leading cargo airline group Asia Cargo Network starts its MENA operations from Bahrain

– The 135 million USD JV operations started with two aircrafts and plans are on track to deploy up to five by the end of the year – MANAMA, Bahrain, Feb. 20, 2023 /PRNewswire/ — Southeast Asia’s leading air cargo charter services provider, the Asia Cargo Network (ACN) group, and MENA Aerospace, a Bahraini aviation services… Continue reading Leading cargo airline group Asia Cargo Network starts its MENA operations from Bahrain

High-Speed Engine Market worth $29.9 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 20, 2023 /PRNewswire/ — High-Speed Engine Market is projected to reach USD 29.9 billion in 2028 from USD 23.6 billion in 2022 at a CAGR of 4.0% according to a new report by MarketsandMarkets™. Rising demand for reliable and uninterrupted power, growth in maritime tourism and international marine freight transport, and increasing urbanization and industrialization… Continue reading High-Speed Engine Market worth $29.9 billion by 2028 – Exclusive Report by MarketsandMarkets™

Solidarity donation of 1 million Euros by Marios Iliopoulos and Seajets to the quake-stricken people of Türkiye

ATHENS, Greece, Feb. 20, 2023 /PRNewswire/ — On February 15th Marios Iliopoulos had a meeting with the Turkish Minister of Foreign Affairs, Mevlüt Çavuşoğlu, in Ankara to express his practical support and solidarity for the neighbouring country and to announce his donation of 1 million Euros for the support of those affected by the earthquake.… Continue reading Solidarity donation of 1 million Euros by Marios Iliopoulos and Seajets to the quake-stricken people of Türkiye

ADAS Market worth $65.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 20, 2023 /PRNewswire/ — ADAS Market is projected to grow from USD 30.9 billion in 2022 to USD 65.1 billion by 2030, registering a CAGR of 9.7%., according to a new report by MarketsandMarkets™. The demand for Advanced Driver Assistance Systems (ADAS) is increasing quickly due to the rise in traffic accidents on a… Continue reading ADAS Market worth $65.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

The Thailand Lubricants Market is expected to generate THB ~8.4 Bn Revenue in 2026F, owing to the rising demand for lubricants and developing infrastructure in the country: Ken Research

GURUGRAM, India, Feb. 20, 2023 /PRNewswire/ — The Thailand Lubricants market is expanding as a result of the up-scaling manufacturing industry, developing infrastructure, and development in the palm oil industry. The Thailand Lubricants market is a concentrated market with PTT Oil and Retail & The Shell Company of Thailand Limited having a major share in the market.… Continue reading The Thailand Lubricants Market is expected to generate THB ~8.4 Bn Revenue in 2026F, owing to the rising demand for lubricants and developing infrastructure in the country: Ken Research

ARTiSTORY facilitates ‘Season of Impressionists’ afternoon tea experience for Fairmont Singapore in partnership with the National Gallery, London.

SINGAPORE, Feb. 20, 2023 /PRNewswire/ — ARTiSTORY, the National Gallery, London and Anti:dote, Fairmont Singapore present Season of Impressionists, a sunflower-themed afternoon tea inspired by the works of Post-Impressionist Dutch painter, Vincent van Gogh – the first in a four-part series of art inspired afternoon teas. Continue Reading Season of Impressionists Afternoon Tea Interior of Anti:dote… Continue reading ARTiSTORY facilitates ‘Season of Impressionists’ afternoon tea experience for Fairmont Singapore in partnership with the National Gallery, London.

Diagnostic Network Reaches 20,000 Member Milestone

Leading Online Community for Automotive Technicians Hits Major Membership Goal, Offers Supportive and Informative Platform for Automotive Technicians CLAREMONT, Calif., Feb. 21, 2023 /PRNewswire/ — Diagnostic Network, the leading online community for automotive and HD technicians, is proud to announce that it has achieved 20,000 members. This milestone reflects the continued growth and success of… Continue reading Diagnostic Network Reaches 20,000 Member Milestone

Timken to Continue to Provide Main Reduction Gears for U.S. Navy Arleigh Burke DDG-51 Class Ships

NORTH CANTON, Ohio, Feb. 21, 2023 /PRNewswire/ — The Timken Company (NYSE: TKR; www.timken.com), continues to be a key contributor to the latest generation of United States Navy ships. General Dynamics Bath Iron Works (BIW) recently awarded Timken a long-term contract to deliver Philadelphia Gear® main reduction gears (MRGs) for all future Flight III ships of… Continue reading Timken to Continue to Provide Main Reduction Gears for U.S. Navy Arleigh Burke DDG-51 Class Ships

Dana Incorporated Reports Record Sales for 2022; Issues Guidance for 2023, including Higher Sales, Profit, and Record Three-year Sales Backlog of $900 Million

Full-year Results Sales of $10.2 billion, an increase of $1.2 billion or 14 percent over last year Operating cash flow of $649 million, an increase of $491 million Free cash flow of $209 million, an increase of $420 million Adjusted EBITDA of $700 million Sales backlog of $900 million over next three years, a $100… Continue reading Dana Incorporated Reports Record Sales for 2022; Issues Guidance for 2023, including Higher Sales, Profit, and Record Three-year Sales Backlog of $900 Million

JBT Corporation Reports Fourth Quarter and Full Year 2022 Results

Fourth Quarter 2022 Highlights: Consolidated revenue of $599 million increased 20 percent year over year Earnings per share of $1.17 and adjusted earnings per share of $1.49, a year-over-year increase of 18 percent and 60 percent, respectively Total backlog of $1.1 billion increased 5 percent year over year   Full Year 2022 Highlights: Consolidated revenue of… Continue reading JBT Corporation Reports Fourth Quarter and Full Year 2022 Results