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Cebu Pacific Celebrates Agreement for up to 152 A321neo Aircraft Order with Airbus, RTX’s Pratt & Whitney

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Largest aircraft order in Philippine aviation history 

LONDON, July 22, 2024 /PRNewswire/ — Farnborough Air Show – Cebu Pacific (CEB), Airbus, and Pratt & Whitney, held an official ceremony to commemorate a memorandum of understanding (MOU) signed for CEB’s purchase of up to 152 A321neo aircraft for estimated USD $24 billion (PHP 1.4 trillion) based on list prices, the largest aircraft order in Philippine aviation history. Pratt & Whitney is an RTX (NYSE: RTX) business.

The binding MOU covers firm orders for up to 102 A321neo, plus 50 A320neo family purchase rights. CEB has selected Pratt & Whitney GTF™ engines to power the future aircraft.

“The order is designed to give Cebu Pacific the flexibility to choose between the A321neo and A320neo aircraft as needed, helping us adapt to market changes,” said Michael Szucs, chief executive officer of CEB. “This deal is a significant milestone in our ongoing mission to make air travel more accessible and affordable for everyone while supporting the Philippine growth story.”

Airbus said the MOU is a testament to the airline’s confidence in its products and a positive signal for the aviation industry’s recovery.

“We thank Cebu Pacific for its ongoing confidence in Airbus and its products. These latest generation aircraft will enable the carrier to reduce its operating costs and continue to offer low fares in a competitive market environment. We look forward to continuing to work with the airline as it builds on its position as one of the leading low-cost carriers in the Asia-Pacific region,” said Benoît de Saint-Exupéry, executive vice president sales of Commercial Aircraft at Airbus.

Pratt & Whitney expressed gratitude for CEB’s continued confidence in the GTF engine, which the airline initially selected in 2012.

“This latest order demonstrates the growing opportunities for aviation in the Philippines and the larger Asia Pacific region,” said Rick Deurloo, president of Commercial Engines at Pratt & Whitney. “Our GTF engine will power this growth while delivering industry-leading fuel efficiency and sustainability benefits for single-aisle aircraft. Cebu Pacific’s order attests to the value it provides.”

The purchase agreement to finalize this transaction is expected to be completed in the third quarter of the year.

About Cebu Pacific
Cebu Pacific (CEB), the Philippines’ leading airline, entered the aviation industry on March 8, 1996 and pioneered the “low fare, great value” strategy. It has flown over 200 million passengers since inception. CEB offers the widest domestic network in the Philippines with 35 domestic destinations. It also currently operates flights to 25 international destinations, spanning across Asia, Australia, and the Middle East.

About Airbus
Airbus pioneers sustainable aerospace for a safe and united world. The Company constantly innovates to provide efficient and technologically -advanced solutions in aerospace, defence, and connected services. In commercial aircraft, Airbus designs and manufactures modern and fuel-efficient airliners and associated services. Airbus is also a European leader in space systems, defence and security. In helicopters, Airbus provides efficient civil and military rotorcraft solutions and services worldwide.

About Pratt & Whitney 
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. To learn more, visit www.prattwhitney.com.

About RTX
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact:

Cebu Pacific cebcorpcommteam@cebupacificair.com

Airbus media@airbus.com

Pratt & Whitney corporatepr@rtx.com

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SOURCE RTX

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Zoomcar, Inc. Announces Adjournment of Annual Stockholders Meeting to October 1, 2024

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BENGALURU, India, Sept. 27, 2024 /PRNewswire/ — Zoomcar, Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, announced that the Annual Meeting of Stockholders, previously scheduled for September 26, 2024, has been adjourned to October 1, 2024. The meeting will reconvene virtually at 10:00 AM ET.

The adjournment will allow additional time for stockholders to cast their votes on the proposals outlined in the proxy materials. As described in the proxy materials previously distributed, stockholders as of the close of business on July 29, 2024, the record date, are entitled to participate in the Annual Stockholders Meeting.

Zoomcar encourages all stockholders to actively participate in the meeting and exercise their voting rights. Stockholders may cast their votes prior to the meeting by visiting www.proxyvote.com, or they can vote during the meeting by visiting www.virtualshareholdermeeting.com/ZCAR2024 or by calling 1-800-690-6903.

Additionally, if you require assistance with voting your shares or have any other questions in relation to the meeting, please contact the proxy solicitor on the direct line at +1 206-265-0326 or write at ksmith@advantageproxy.com.

About Zoomcar:

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.

Forward Looking Statement

This communication contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. These forward-looking statements within the meaning under applicable law, can be identified by the use terms such as “may,” “will,” “aim,” “empower,” “estimate,” “intend,” “indicate,” “continue,” “promote,” “believe,” “boosting”, “elevate,” or “enhance,” or the negatives thereof, as well as other variations or comparable terminology. We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which we may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. We undertake no obligation to alter or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as required by law.

Press Contact:

Akarshit Gulati: akarshitg@avianwe.comBhagyashree Rewatkar: bhagyashree.rewatkar@zoomcar.com

Logo: https://mma.prnewswire.com/media/2517562/Zoomcar_Logo.jpg

 

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SOURCE Zoomcar Holdings, Inc.

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InventHelp Inventor Develops Assistive Device to Support Head (SCO-259)

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PITTSBURGH, Sept. 27, 2024 /PRNewswire/ — “I’m a certified nursing assistant, and I thought there could be a device to help support the head for patients with various disabilities,” said an inventor, from Sacramento, Calif., “so I invented the NOR- LIFT. My design would help keep the head straight in a simple and strain-free manner.”

The invention provides an effective way to support the head so it is straight. In doing so, it eliminates the strain and pain associated with attempting to elevate the head without assistance. As a result, it increases comfort, safety and support. The invention features a practical design that is easy to use so it is ideal for individuals with various disabilities that affect the head. Additionally, a prototype model and technical drawings are available upon request.

The original design was submitted to the Sacramento sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-SCO-259, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

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Amerisure’s SureConnect® Portal Wins 2024 Datos Insights Technology Award

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Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category.

FARMINGTON HILLS, Mich., Sept. 27, 2024 /PRNewswire-PRWeb/ — Amerisure Insurance is proud to announce that its flagship customer portal, SureConnect® has received a prestigious Datos Insights 2024 Insurance Technology Impact Award in the Digital category. This accolade underscores Amerisure’s commitment to leading digital innovation in the insurance industry, enhancing customer satisfaction and streamlining operational efficiency.

“This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure.

SureConnect® is designed to enhance the insurance management process for policyholders, employees, and agency partners alike. It allows users to efficiently file claims, access loss data, and check claim statuses with reduced wait times and minimal manual intervention.

The recent enhancements to SureConnect® have yielded remarkable improvements: a reduction in customer onboarding time by over 60%, an increase in user satisfaction scores from 83 to 91, and a 16% increase in the value of the portal to agency customers. These advancements have not only improved the daily operations for Amerisure’s partners but have also significantly enhanced their overall experience.

“We are focused on the customer experience at Amerisure and recognize the growing importance of digital interactions in insurance,” said Amjed Al-Zoubi, Chief Information Officer at Amerisure. “This award reflects our approach to partnering with customers and applying feedback to extend the SureConnect® difference.”

The ongoing development of the comprehensive, usercentric SureConnect® portal is a testament to Amerisure’s dedication to innovation and excellence. As the digital landscape evolves, Amerisure continues to anticipate and respond to the needs of the modern insurance customer, ensuring that each update not only addresses current challenges but also sets new standards in the insurance industry.

About Amerisure Insurance
Amerisure is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an “A” (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. Amerisure has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit amerisure.com.

Media Contact

Marilyn Banes, Amerisure, 248-426-7914, mbanes@amerisure.com, Amerisure

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View original content to download multimedia:https://www.prweb.com/releases/amerisures-sureconnect-portal-wins-2024-datos-insights-technology-award-302260652.html

SOURCE Amerisure

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