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Modern Transportation Reporter: Press Releases

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Press releases published on May 14, 2025

SeRo Systems Unveils Real-Time Live GNSS RFI Situation Display to Detect and Monitor GPS Jamming and Spoofing

SeRo Systems Unveils Real-Time Live GNSS RFI Situation Display to Detect and Monitor GPS Jamming and Spoofing

Detects, identifies, and monitors GPS jamming and spoofing in real time. Short-term predictive alerts indicate when aircraft will experience GNSS problems. FRANKFURT, GERMANY, May 14, 2025 /⁨EINPresswire.com⁩/ -- SeRo Systems, a leader in air traffic …

Three Lines Partners with iBridge LLC to Strengthen Saudi Aviation Supply Chain

Three Lines Partners with iBridge LLC to Strengthen Saudi Aviation Supply Chain

Leveraging Business-Centric Artificial Intelligence, Supporting Vision 2030 WASHINGTON D.C., DC, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- Three Lines, the first Saudi-owned and operated company officially licensed by the General Authority for …

Okeanis Eco Tankers Corp. – Key Information relating to Q1 2025 dividend

Okeanis Eco Tankers Corp. – Key Information relating to Q1 2025 dividend

ATHENS, Greece, May 14, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has declared a dividend on its common shares (the “Dividend”). …

Okeanis Eco Tankers Corp. Reports Financial Results for the First Quarter of 2025

Okeanis Eco Tankers Corp. Reports Financial Results for the First Quarter of 2025

ATHENS, May 14, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (together with its subsidiaries, unless context otherwise dictates, “OET” or the “Company”) (NYSE: ECO, OSE: OET) today reported its unaudited condensed financial results for the first …

Navigator Gas Announces Preliminary First Quarter 2025 Results (Unaudited)

Navigator Gas Announces Preliminary First Quarter 2025 Results (Unaudited)

LONDON, May 14, 2025 (GLOBE NEWSWIRE) -- First Quarter Financial Highlights On May 14, 2025, the Board of Navigator Holdings Ltd., (NYSE: NVGS) (“Navigator Holdings,” "Navigator Gas," “our,” “we,” “us” or the “Company”) declared a cash dividend of $0.05 …

Northrop Grumman to Host Virtual Annual Shareholders Meeting

Northrop Grumman to Host Virtual Annual Shareholders Meeting

FALLS CHURCH, Va., May 14, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will conduct its annual shareholders meeting exclusively online on Wednesday, May 21 at 8 a.m. Eastern time. You may access the virtual meeting by following this …

Rekor Systems Reports First Quarter 2025 Financial Results

Rekor Systems Reports First Quarter 2025 Financial Results

Gross Revenue: Quarterly gross revenue of $9.2 million, representing a 6% decrease from $9.8 million in 2024. Improved Adjusted EBITDA: Substantially narrowed Adjusted EBITDA loss from $9.4 million in Q1 2024 to $7.4 million in Q1 2025, underscoring …

Star Bulk Carriers Corp. Reports Net Profit of $0.5 Million For the First Quarter of 2025, and Declares Quarterly Dividend of $0.05 Per Share

Star Bulk Carriers Corp. Reports Net Profit of $0.5 Million For the First Quarter of 2025, and Declares Quarterly Dividend of $0.05 Per Share

ATHENS, Greece, May 14, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating …

Xos Delivers First Quarter Results, Highlighting GAAP Margin Gains

Xos Delivers First Quarter Results, Highlighting GAAP Margin Gains

LOS ANGELES, May 14, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leading electric truck manufacturer and fleet services provider, today reported financial results for the first quarter ended March 31, 2025. First Quarter …

Saudia’s AlFursan Loyalty Program Earns Triple Honors at the 2025 Freddie Awards

Saudia’s AlFursan Loyalty Program Earns Triple Honors at the 2025 Freddie Awards

JEDDAH, Saudi Arabia, May 14, 2025 (GLOBE NEWSWIRE) -- Saudia, the national flag carrier of Saudi Arabia, has achieved significant recognition at the 2025 Freddie Awards, with its AlFursan Loyalty Program earning three major accolades. The program was …

American Airlines to present at Wolfe Research Global Transportation & Industrials Conference

American Airlines to present at Wolfe Research Global Transportation & Industrials Conference

FORT WORTH, Texas, May 14, 2025 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) Chief Financial Officer, Devon May will present at the 2025 Wolfe Research Global Transportation …

Volatus Aerospace Inc. Completes Shares-for-Debt Settlement of Unsecured Convertible Debentures

Volatus Aerospace Inc. Completes Shares-for-Debt Settlement of Unsecured Convertible Debentures

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: ABB) ("Volatus" or the “Company"), a leader in …

UrbanLink Increases REGENT Seaglider Order, Accelerating Vision for Zero-Emission Coastal Transportation in Florida and Puerto Rico

UrbanLink Increases REGENT Seaglider Order, Accelerating Vision for Zero-Emission Coastal Transportation in Florida and Puerto Rico

UrbanLink Air Mobility expands its order of REGENT Craft seagliders to 47 Viceroy seagliders. UrbanLink will operate seagliders between key coastal hubs in Southern Florida and Puerto Rico. Seagliders dramatically improve the speed and convenience of …

Star Bulk Announces Results of Its 2025 Annual Meeting of Shareholders

Star Bulk Announces Results of Its 2025 Annual Meeting of Shareholders

ATHENS, Greece, May 14, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that the Company’s Annual Meeting of Shareholders was duly held today in Cyprus pursuant to a Notice of Annual Meeting …

Enphase Energy Announces IQ Batteries Qualify for New York Battery Incentive Program

Enphase Energy Announces IQ Batteries Qualify for New York Battery Incentive Program

FREMONT, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that homeowners in all of New York’ …

Bombardier Announces Launch of US$500 million New Issuance of Senior Notes due 2033 to retire US$500 million of its Senior Notes due 2027

Bombardier Announces Launch of US$500 million New Issuance of Senior Notes due 2033 to retire US$500 million of its Senior Notes due 2027

MONTRÉAL, May 14, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has launched an offering of US$500 million aggregate principal amount of new Senior Notes due 2033 (the “New Notes”). Bombardier intends to use the proceeds …

Bombardier annonce le lancement d'une nouvelle émission de 500 millions $ US de billets de premier rang échéant en 2033 pour rembourser 500 millions $ US de ses billets de premier rang échéant en 2027

Bombardier annonce le lancement d'une nouvelle émission de 500 millions $ US de billets de premier rang échéant en 2033 pour rembourser 500 millions $ US de ses billets de premier rang échéant en 2027

MONTRÉAL, 14 mai 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (« Bombardier ») a annoncé aujourd’hui qu’elle avait lancé un placement de nouveaux billets de premier rang échéant en 2033 d’un montant en capital global de 500 millions $ US (les « nouveaux …

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2024 Results

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2024 Results

PHOENIX, May 14, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported fourth quarter and fiscal full-year 2024 financial and operating results. Fourth Quarter Fiscal 2024 Update: Total operating revenues of …

Swvl Grows 12.4% Quarter on Quarter in IFRS Revenue, 47% Quarter on Quarter Growth in Revenue in Constant Currency, and Achieves $0.8 Million in Net Profit in Q1 2025

Swvl Grows 12.4% Quarter on Quarter in IFRS Revenue, 47% Quarter on Quarter Growth in Revenue in Constant Currency, and Achieves $0.8 Million in Net Profit in Q1 2025

Revenue growth of 12.4%, and 47% in constant currency for Q1 2025 over Q1 2024 Achieved $0.8 million in Net Profit in Q1 2025 Dollar pegged revenue increased to 34.7% of total revenue for Q1 2025, a 118% increase over Q1 2024 and recurring revenue reached …

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