Yeah, that one from yesterday is no fun. But what about:
Boeing Partners With Microsoft, Amazon, Google For Cloud Services
9:37 am ET April 6, 2022 (Benzinga) Print
Boeing Co (NYSE: BA) is deepening its strategic relationship with Microsoft Corp. (NASDAQ: MSFT) to drive its digital transformation.
Boeing will use the Microsoft Cloud and its AI capabilities to upgrade its technology infrastructure and mission-critical applications with intelligent new data-driven solutions, opening up new ways of working, operating, and conducting business.
Boeing also expanded its relationship with Amazon.com, Inc. (NASDAQ: AMZN) Amazon Web Services, Inc. (AWS), extending its cloud operations and streamlining its approach to cloud computing.
Boeing has selected AWS as a strategic cloud provider and will use AWS's cloud portfolio to strengthen its digital foundations for engineering and manufacturing.
Aside from the cloud relationship, Amazon Air has expanded its fleet to more than 110 Boeing planes to facilitate the delivery of goods to Amazon clients worldwide.
Boeing also partnered with Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) to support its cloud transformation by migrating hundreds of applications across multiple business groups and aerospace products to Google Cloud.
Price Action: BA shares are trading lower by 2.17% at $178.66 on the last check Wednesday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
And:
Atlas Air Worldwide Holdings' Subsidiary Titan Aviation Investments And Amerijet International Announce Long-Term Dry Lease Agreements For Three Boeing 757 Aircraft
8:17 am ET April 6, 2022 (Benzinga) Print
Titan Aircraft Investments, the joint venture between Titan Aviation Holdings, Inc. and Bain Capital Credit, today announced the placement of three Boeing 757-200SF converted freighters on long-term dry leases with Amerijet International Inc. to support its network in Central America and the Caribbean. Titan Aviation Holdings, a subsidiary of Atlas Air Worldwide Holdings Inc. (NASDAQ:AAWW), will manage these assets.
"We are delighted to welcome Amerijet as a strategic customer and to support its long-term expansion plans. This partnership underscores the trust our customers have in Titan's expertise in freighters," said Michael Steen, President and Chief Executive Officer of Titan Aviation Holdings and Chief Commercial Officer of Atlas Air Worldwide.
"I'm incredibly proud of our employees who worked tirelessly to bring the B757 project to fruition. These aircraft will be a wonderful addition to our fleet, giving us a platform for continued growth as we approach 50 years of continuous service from our home base in Miami, Florida," said Tim Strauss, Amerijet's Chief Executive Officer.
Titan Aviation Holdings and Bain Capital Credit formed a long-term joint venture in 2019 to develop a diversified freighter aircraft leasing portfolio with an anticipated value of approximately $1 billion. The long-term joint venture capitalizes on demand for cargo aircraft, underpinned by robust e-commerce and express market growth.
Under the joint venture, Titan provides aircraft- and lease-management services.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
AI
