I-Byte Travel & Transportation April 2021

I-Bytes IT Shades
Engage & Enable
Travel & Transportation

April Edition 2021
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IT Shades
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Table of Content s
1. Financial, M & A Updates....................................................................................................................................1
2. Solution Updates...................................................................................................................................................4
3. Rewards and Recognition Updates...................................................................................................................11
4. Customer Success Updates................................................................................................................................15
5. Partnership Ecosystem Updates.......................................................................................................................18
6. Environmental & Social Updates.....................................................................................................................29

IT Shades
Engage & Enable
Financial, M & A Updates

Travel & Transportation Industry

Financial, M&A Updates
Adani Ports (India) Increases Its Ownership From 75% To 100% In Krishnapatnam IT Shades
Port By Acquiring Vishwasamudra Holdings’ 25% Stake For Rs. 2,800 Crs. Engage & Enable
Description Executive Commentary
Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest private Ports Chief Executive Officer and Whole Time Director of APSEZ said, “The
& Logistics company and the flagship transportation arm of the diversified Adani consolidation of our ownership in Krishnapatnam Port reinforces APSEZ’s stride
Group, is announcing the acquisition of the residual 25% stake in Adani towards 500 MMT by 2025 and achieving our broader strategy of cargo parity
Krishnapatnam Port Ltd., for Rs. 2,800 cr. This will result in APSEZ increasing its between west and east coasts of India. Krishnapatnam Port is on track to handle
stake from 75% to 100% in Krishnapatnam Port. Together with the 75% ownership double the traffic by 2025 and will deliver high growth through a multi-product
acquired in October 2020, the acquisition implies an enterprise value of Rs. 13,675 and cargo enhancement
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strategy while enhancing return on capital employed. We
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cr implying an EV/ FY21 EBITDA multiple of 10.3x. Krishnapatnam Port is located are confident that we will be able to double throughput and triple EBITDA at
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on the east coast of India in Nellore district of Andhra Pradesh (~180 km from Krishnapatnam Port by 2025. We are committed to making Krishnapatnam Port
Chennai Ports) close to the border between Andhra Pradesh and Tamil Nadu. the gateway port for South Andhra Pradesh and Karnataka. With its large
Krishnapatnam Port is an all-weather, deep water port has multi-cargo facility with a industrial land backed with the port we will transform Krishnapatnam into a
current capacity of 64 MMTPA. With a waterfront of 20 km and 6,800 acres of land, manufacturing and industrial hub.”
Krishnapatnam Port has a master plan capacity of 300 MMTPA and a 50-year
concession. The port is expected to have volumes of 38 MMT, revenues of Rs. 1,840
cr and EBITDA of Rs. 1,325 Cr in FY21. Since the acquisition, Krishnapatnam Port
has focused on business process re-engineering which has resulted in EBITDA
margins improving from 57% in FY20 to 72% in FY21.
1
AerCap (Ireland) to Acquire GE Capital Aviation Services IT Shades
Engage & Enable
AerCap Holdings N.V. the global leader in aircraft leasing, announced Chief Executive Officer of AerCap, said, “We are excited about this
that it has entered into a definitive agreement with General Electric opportunity to bring together two leaders in aviation leasing.
under which AerCap will acquire 100% of GE Capital Aviation AerCap and GECAS both have industry-leading teams, attractive
Services, a GE business. The combined company will be an industry portfolios, diversified customer bases and order books of the most
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leader across all areas of aviation leasing, with over 2,000 owned and in-demand new
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managed aircraft, over 900 owned and managed engines, over 300 our ability to provide innovative and attractive solutions for our
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owned helicopters and approximately 300 customers around the customers and will strengthen our cash flows, earnings and
world. profitability. GECAS is a highly attractive business and this
transaction continues our strong track record of capital allocation.
As the recovery in air travel gathers pace, this transaction
represents a unique opportunity that we believe will create
long-term value for our investors,”
2
Canadian Pacific (Canada) and Kansas City Southern Agree to Combine to Create IT Shades
the First U.S.-Mexico-Canada Rail Network Engage & Enable
Canadian Pacific Railway Limited and Kansas City Southern announced they have entered into a “This transaction will be transformative for North America, providing significant positive
merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction impacts for our respective employees, customers, communities, and shareholders,” said CP
representing an enterprise value of approximately USD$29 billion1, which includes the assumption of President and Chief Executive Officer. “This will create the first U.S.-Mexico-Canada railroad,
$3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both bringing together two railroads that have been keenly focused on providing quality service to their
boards of directors, values KCS at $275 per share, representing a 23% premium2, based on the CP and customers to unlock the full potential of their networks. CP and KCS have been the two best
KCS closing prices on March 19, 2021 (and $270 per share, representing a 26% premium3, based on performing Class 1 railroads for the past three years on a revenue growth basis.”
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the respective CP and KCS 30-day volume weighted average prices. Following the closing into a ipsum
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voting trust, common shareholders of KCS will receive 0.489 of a CP shares and $90 in cash for each consec-
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KCS common share held. Following final approval from the Surface Transportation Board (“STB”),
the transaction will combine the two railroads to create the first rail network connecting the U.S.,
Mexico, and Canada. Joining seamlessly in Kansas City, Mo., in America’s heartland, CP and KCS
together will connect customers via single-network transportation offerings between points on CP’s
system throughout Canada, the U.S. Midwest, and the U.S. Northeast and points on KCS’ system
throughout Mexico and the South-Central U.S. The combined network’s new single-line offerings will
deliver dramatically expanded market reach for customers served by CP and KCS, provide new
competitive transportation service options, and support North American economic growth. The
transaction is also expected to create jobs across the combined network. Additionally, efficiency and
service improvements are expected to achieve meaningful environmental benefits.

3
IT Shades
Engage & Enable
Solutions Updates

Solution Updates
Alaska Airlines (USA) expands Pacific Northwest service with four new
IT Shades
routes Engage & Enable
Solution Descriptio n
Alaska Airlines continues to strengthen its Pacific Northwest connections with the announcement of four new routes,
which includes linking Boise to Chicago O'Hare and Austin and two new destinations from Seattle. Alaska will begin
daily nonstop service between Boise and Chicago, and between Boise and Austin. Both routes will be flown year-round
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with Horizon Air's Embraer 175 jet and its three-class cabin. With these new flights, Alaska will have 28 daily
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departures to 12 cities from Boise this year. The flights between Idaho's largest city to the Windy City will allow
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Alaska's guests to connect to American Airlines' domestic and international network. With Alaska joining American in nibh
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the oneworld alliance on March 31, guests can expect a seamless travel experience. Alaska's new service between laoreet
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Boise and Austin will connect two capital cities with robust tech economies. The airline is also adding an additional
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daily flight between Boise and Sacramento.
4
Solution Updates
Lufthansa (Germany) integrates health data app into digital travel chain
IT Shades
Engage & Enable
Lufthansa introduces new offer for travel to the U.S.: Passengers who have had a Covid19 test done at Lufthansa partner Centogene before departure can now
conveniently receive their test results in the internationally recognized app CommonPass. This applies to all Lufthansa flights from Frankfurt to the United
States as well as the corresponding feeder flights via Frankfurt from Hamburg, Cologne, Berlin and Düsseldorf. Lufthansa is thus realizing another step in
the digitization of test certificates, making travel easier in times of pandemic. In addition
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to the new digital certificate, the airline recommends that its guests
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continue to carry their original printed certificates with them when traveling until further notice. Customers can conveniently download the app from the
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Android or IOS App Store and then upload their test results to the app – after receiving an access
diam code from Lufthansa by e-mail 72 hours before their
departure. The app then automatically compares the test certificates with the relevant current entry restrictions of the destination country and creates a travel
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certificate on this basis, provided it is a valid test document for the relevant destination. The certificate shows only the really relevant information, such as
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the test result, the test method, validity period and an hour counter since the time of testing, and thus does not reveal any other personal health information.
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In addition, Lufthansa passengers who use the CommonPass app before their flights to the U.S.
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will receive free access to the Senator Lounge at Frankfurt
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Airport between 8 a.m. and 12:45 p.m. in the morning. CommonPass can be used not only at boarding, but also takes a cross-industry approach. The added
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value for travelers will be further enhanced by the fact that in future other establishments can also be able to integrate the test results, such as concert halls
or cinemas. Proof of vaccination can also be saved in the app in future.
5
Solution Updates
IAG (UK) agrees $1.8 billion multi-borrower secured 3-year Revolving
IT Shades
Credit Facility Engage & Enable
International Airlines Group (IAG) announces that it has signed a Revolving Credit Facility with a syndicate of banks. The total amount
available under the facility is $1.755 billion and will be available for a period of three years plus two one-year extension periods at the
discretion of the lenders. The facility is available to Aer Lingus, British Airways and Iberia, each of whom has a separate borrower limit
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within the overall facility. Amounts drawn would be secured against eligible unencumbered aircraft assets and take-off and landing rights
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at both London Heathrow and London Gatwick airports. Simultaneous with entering into this new Revolving Credit Facility, British
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Airways has cancelled its US dollar facility that was due to expire on 23 June 2021 and which had $786 million undrawn and available
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at 31 December 2020. In addition, approximately €400 million of facilities are due to expire undrawn by the end of March. As a net result,
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the Group’s total facilities have increased by nearly €400 million and their weighted average availability period has extended by at least
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1.5 years compared to previously. IAG continues to have strong liquidity with an estimated total as of 31 March of €10.3 billion,
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comprised of €7.8 billion cash, cash equivalents and interest-bearing deposits, €1.7 billion undrawn general facilities, including
announced facility undrawn, and €0.8 billion committed aircraft financing facilities.
6
Solution Updates
Singapore Airlines First in World to Pilot IATA's Travel Pass App
IT Shades
Engage & Enable
Singapore Airlines (SIA) will be the world’s first airline to pilot the International Air Transport Association’s (IATA) Travel Pass mobile application for
digital health verification, starting with passengers travelling from Singapore to London from 15 to 28 March 2021. This marks the second phase of
SIA’s digital health verification process trials, which is based on the IATA Travel Pass framework. Passengers with mobile phones running on Apple’s
iOS operating system will be invited to download the IATA Travel Pass app,Lorem
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create
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a digital ID comprising their profile photo and passport
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information. They can also insert their flight information into the app. Subsequently, they can book their pre-departure Covid-19 test at one of seven
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participating clinics in Singapore via a dedicated online portal. They can then register at the clinic using the digital ID and flight information in the app.
They will be able to view their test results, as well as confirmation status to fly, directly on the app. IATA’s Timatic registry will provide the back-end
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information on the Covid-19 testing and entry requirements. Participants will need to show their confirmed status in the app to the check-in staff in
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Changi Airport before flight departure. In line with current regulatory requirements, they will also need to bring a physical copy of their health
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certificate that is issued by the clinic where they took their Covid-19
Ut wisi test. By consolidating enim ad
the verification of health credentials into a single app,
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participants can expect a faster and more seamless check-in process. Participants will have full control over how their personal information is shared,
as the data is stored locally in the mobile phone and not in any central database. This is critical given the highly sensitive nature of health data.
7
Solution Updates
JetBlue (USA) – Connecticut’s Largest Airline – Further Expands with
IT Shades
New Flights between Hartford and Miami Engage & Enable
JetBlue announced it is growing again in Connecticut and South Florida with new service between Hartford’s Bradley
International Airport (BDL) and Miami International Airport (MIA) starting June 24, 2021. The new route further
bolsters JetBlue’s position as the largest airline in Connecticut and expands flying in Miami where JetBlue first
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launched service just a month ago. Seats for the new flights are on sale starting. JetBlue has built a sizeable presence
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in Hartford in recent months. With new service to Miami, the airline will now offer Connecticut travelers nonstop
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flights to 11 destinations – more than any other airline at Bradley. As previously announced by Connecticut Governor euis-
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Ned Lamont, beginning March 19, 2021, the state’s travel advisory will be modified from a requirement to dolore
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recommended guidance – meaning testing and quarantines may be completed at the discretion of travelers.
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8
Solution Updates
Nippon Express (Japan) to launch halal-certified domestic air cargo
IT Shades
transport service Engage & Enable
Nippon Express Co., Ltd. will be expanding its domestic halal logistics services in Japan with the start of a new halal-certified domestic air cargo
transport service, Japan's Muslim population numbers about 200,000 and, with an increase in foreign visitors/residents from a diversity of cultural
backgrounds anticipated, demand for halal products in Japan is expected to rise. High certification standards for quality assurance and hygiene
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control have also expanded interest in halal products among health- and safety-conscious consumers. In 2014 Nippon Express became the first
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Japanese company to obtain halal logistics certification in Malaysia, and it has since been developing global halal logistics services. After
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obtaining its first halal certification for warehousing in Japan in 2016, the Company introduced halal-only roll boxes for consolidated transport of
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small-lot cargo amounting to less than a full truckload as well as halal-only rail containers for large-lot cargo into its warehouse-based transport
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services as it expanded its handling of halal products. By incorporating halal logistics system-certified work procedures into its "Express
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Hi-Speed" domestic air cargo transport product, the Company has created a rapid halal transport service capable of handling shipments as small
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as a single cardboard box. With interest in halal products growing in Japan, Nippon Express has been constructing a halal logistics service network
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to support customers' supply chains and provide safety and peace of mind to Muslim customers and others.
9
Solution Updates
UPS (USA) Healthcare to expand cold chain capabilities in Europe with
IT Shades
new Rome facility Engage & Enable
UPS announced it is breaking ground on a new 40,000 square meter built-to-suit healthcare logistics facility in Rome, Italy.
The state-of-the-art validated and GMP-compliant facility is scheduled to open July 2022, and will include multiple validated
controlled temperature environments for healthcare products requiring -20C to -80C, 2C to 8C and 15C to 25C storage. The
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facility will support pharmaceutical and medical device customers in Italy and will provide another direct link from Europe
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to UPS’s global network. When combined with UPS Healthcare’s active temperature-controlled delivery services, this latest
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expansion highlights the company’s position as the provider of choice for end-to-end cold chain distribution and my
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transportation. This expansion, in addition to facility investments in Singapore, Shanghai, Australia and several key marketsunt ut
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in the United States, is another step in implementing UPS Healthcare’s strategy. UPS’s recent investments also include: a new
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state-of-the-art GMP facility in Birmingham, United Kingdom; a new warehouse in the Czech Republic; cold chain expansion
and a freezer farm in Roermond, The Netherlands; and a second central GMP facility near Warsaw, Poland.
10
IT Shades
Engage & Enable
Rewards & Recognition Updates


R & R Updates
NYK (Japan) Recognized as a Top Company in the Port of Long Beach's IT Shades
Engage & Enable
Green Flag Program
R&R Description
NYK has been recognized as one of the top shipping lines in the Green Flag vessel speed reduction program that the
Port of Long Beach has been conducting to improve air quality. It was the 12th consecutive recognition for NYK since
2009. The Green Flag program aims to restrain exhaust emissions from vessels by having them voluntarily operate
under 12 knots within 40 miles of port. In 2020, NYK-operated vessels that called at Long Beach conducted a slow
steaming operation in the target area and NYK was praised for its contribution to the exhaust gas cut. NYK announced
the NYK Group ESG Story*, which aims to further integrate ESG into the company’s management strategy and
promotes activities that contribute to the achievement of the SDGs (Sustainable Development Goals) through business
activities. To strongly promote ESG management, the NYK Group will encourage new value creation as a sustainable
solution provider by contributing to the preservation of the global environment.
11
R & R Updates
Japan Airlines Successfully Receives Diamond Certification by APEX IT Shades
Engage & Enable
Health Safety powered by SimpliFlying
R&R Description
Japan Airlines (JAL) became the first airline in Japan to successfully receive Diamond Certification for providing the
highest levels of safety measures throughout the travel experience. The inaugural audit was conducted by the Airline
Passenger Experience Association (APEX) and SimpliFlying, in which the respective organizations evaluated and
validated JAL`s COVID-19 safety measures through an extensive 58-point checklist. According to the audit, there are
three levels in its certification process and airlines are rated as Gold, Platinum or Diamond status. An airline that
exceeds in every category is awarded a Diamond Certification, which Japan Airlines successfully achieved in the
inaugural health safety audit.
12
R & R Updates
Nippon Express (Japan) obtains IATA CEIV Pharma certification for IT Shades
Engage & Enable
temperature-controlled facility near Narita Airport
R&R Description
Nippon Express Co. Ltd. has obtained IATA CEIV Pharma pharmaceutical transport quality certification for its Narita Temperature
Controlled Hub (NTCH) and for transport operations between NTCH and Narita Airport, effective March 15. This is the second
pharmaceutical-related quality certification awarded to NTCH, the first being the Good Distribution Practice (GDP) certification it
received in March 2020. Nippon Express began seeking certification as a member of the community hosted by Narita International
Airport Corporation (NIAC), and with NIAC's assistance has now obtained certification as a forwarder in this community. The
"Nippon Express Group Business Plan 2023 - Dynamic Growth" regards the pharmaceutical industry as a priority industry, and this
fiscal year Nippon Express completed construction of four GDP-compliant dedicated pharmaceutical warehouses in Japan (East
Japan, West Japan, Kyushu and Toyama) that have begun providing services to customers. The Company is also engaged overseas in
obtaining GDP certification and otherwise reinforcing its business infrastructure. NTCH is an important node connecting Japan with
the rest of the world, and this certification incorporating GDP standards from countries around the world will enable it to provide
more secure and better-quality pharmaceutical transport services end-to-end.
13
R & R Updates
XPO Logistics (USA) Receives Intel Award for COVID-19 Response IT Shades
Engage & Enable
R&R Description
XPO Logistics, Inc. a leading global provider of supply chain solutions, has been recognized by Intel Corporation with
a Supplier Achievement Award (SAA) for its COVID-19 response in 2020. Intel selects its SAA recipients annually
based on an exceptional commitment to quality, performance and a collaborative approach to innovation. Intel’s
Supplier Achievement Awards are part of its Supplier Continuous Quality Improvement program, which recognizes
best-in-class levels of excellence in diversity, cost, quality, sustainability, technology, innovation, availability and
safety performance.
14
IT Shades
Engage & Enable
Customer Success Updates


Ferrovial (Spain) Awarded $1.5 Billion I-35 Northeast Expansion Central IT Shades
Engage & Enable
Project in San Antonio
Description
Ferrovial, via its subsidiaries, Ferrovial Construction and Webber, has been selected by the Texas Department of
Transportation (TxDOT) for the Interstate 35 Northeast Expansion (NEX) design-build project. The estimated value of the
project is more than $1.5 billion with construction starting in 2022 and spanning about six years. The project consists of
the design, construction and maintenance of approximately 9.5 miles of non-tolled improvements along I-35 including the
construction of approximately 18 miles of additional elevated main lanes. I-35 NEX Project that spans the cities of San
Antonio, Live Oak, Selma and Schertz, in Bexar and Guadalupe Counties. The project scope of work consists of
construction of elevated managed lanes between the existing main lanes and frontage roads and eight bridges, and the
reconstruction and widening of the Loop 1604 general purpose lanes and bridges. It includes more than 800 spans of
bridge construction, 4,500 concrete beams, 31 million pounds of steel girders and six million square feet of bridge decks.
15
Ferrovial (Spain) awarded $229 million I-16/I-75 project in Georgia IT Shades
Engage & Enable
Description
Ferrovial, via its US construction subsidiary Webber, has been selected by the Georgia Department of Transportation for the upgrade
of a section of the I-16/I-75 highway in the city of Macon, Georgia (USA). The project, awarded to a joint venture with the company
United Infrastructure Group, is valued at around $229 million (about €192 million). The project includes the widening and
reconstruction of a stretch of more than 4.588 miles, the construction of 21 bridges, as well as the reconstruction of the I-16/I-75
interchanges. These works will improve the highway through the construction of wider shoulders, concrete barriers, and additional
lanes along most of the section. It is expected to be completed by the end of 2024. This contract is Webber’s second project in
Georgia. Ferrovial’s U.S. Construction subsidiary is currently working on the rehabilitation of I-75/SR 401 in Clayton and Henry
counties in Georgia. It has also recently been awarded the renovation and expansion of the FM 1960 highway in Houston for 70
million dollars, the improvement of IH 35 in Laredo for 115 million dollars and the reconstruction of the Texas highway in Dallas
SL12 for 301 million dollars. Webber is currently working on more than 40 projects in Texas, Virginia and Georgia.
16
Southwest Airlines (USA) Adds 100 Firm Orders for The Boeing 737 IT Shades
Engage & Enable
MAX 7
Description
Southwest Airlines Co. announced the completion of its previously disclosed discussions with The Boeing Company (Boeing) regarding the restructuring of its
delivery schedule for MAX aircraft. The Company has completed the multi-year evaluation of the successor aircraft to its Boeing 737-700 model, with the
selection of the Boeing 737 MAX 7 aircraft. Southwest Airlines® and Boeing reached agreement on 100 firm orders for MAX 7 aircraft, with the first 30 scheduled
to be delivered in 2022. This agreement underscores Southwest's commitment to continued modernization of its fleet with more fuel-efficient and climate-friendly
aircraft. It also positions Southwest to capitalize on growth opportunities, when they arise. As part of the agreement, the Company also converted 70 MAX 8 firm
orders to MAX 7 firm orders and added 155 MAX options for MAX 7 or MAX 8 aircraft for years 2022 through 2029. These order book additions and revisions
result in a new total of 349 MAX firm orders (200 MAX 7 and 149 MAX 8) and 270 MAX options for MAX 7 or MAX 8 aircraft for years 2021 through 2031.
The Company's previous order book consisted of 249 MAX firm orders (30 MAX 7 and 219 MAX 8) and 115 MAX options for MAX 7 or MAX 8 aircraft for
years 2021 through 2026. The Company continues to expect delivery of 28 MAX 8 aircraft in total this year (19 from Boeing and 9 from third-party lessors), as
well as 17 737-700 retirements, ending 2021 with 69 MAX 8 aircraft and 729 total aircraft. announcement reinforces the Company's confidence in the 737 MAX
as the future of the Southwest fleet. This cost-effective order book with Boeing allows the Company to maintain the operational efficiencies of an all-Boeing 737
fleet to support its low-cost, point-to-point route network. The Company was the launch Customer of the MAX 8 and is scheduled to be the launch Customer of
the MAX 7 after also launching prior 737 generations, including the -300, -500, and -700 series.
17
IT Shades
Engage & Enable
Partner Ecosystem Updates


Air Canada and Transat A.T. Inc. Agree to Terminate Arrangement Agreement IT Shades
Engage & Enable
Description
Air Canada and Transat A.T. Inc. announced that they have mutually agreed to terminate the Arrangement Agreement for the proposed acquisition of Transat by
Air Canada. Air Canada and Transat had originally agreed in June 2019 on the acquisition, the terms of which were subsequently amended in August 2019 and then
revised in October 2020 as a result of the severe economic impact of the COVID-19 pandemic. As previously disclosed, the acquisition was conditional on the
approval of various regulatory authorities, including the European Commission. In order to meet that key condition, Air Canada offered and enhanced a significant
package of remedies, which went beyond the commercially reasonable efforts required of Air Canada under the Arrangement Agreement and what has been
traditionally accepted by the EC in previous airline merger cases. Following recent discussions with the EC, it has become evident, however, that the EC will not
approve the acquisition based on the currently offered remedy package. After careful consideration, Air Canada has concluded that providing additional, onerous
remedies, which may still not secure an EC approval, would significantly compromise Air Canada's ability to compete internationally, negatively impacting
customers, other stakeholders and future prospects as it recovers and rebuilds from the impact of the COVID-19 pandemic. Especially in this challenging
environment, it is essential that Air Canada focus on creating the optimal conditions for its full recovery by preserving and leveraging all of its key strengths and
assets including its strong employee culture. Both Air Canada and Transat have agreed to terminate the Arrangement Agreement with Air Canada paying Transat
a termination fee of $12.5 million, and with Transat no longer under any obligation to pay Air Canada any fee should Transat be involved in another acquisition or
similar transaction in the future.

18
Air Canada: Aeroplan announces first-of-its-kind partnership with Starbucks IT Shades
Engage & Enable
Canada so Members can pour on the points to their next reward
Description
Aeroplan is proud to announce that its millions of Members can now earn and redeem points by enjoying their favorite
Starbucks beverages and snacks. Starting, members can link their Aeroplan account to a Starbucks Rewards account
and double-dip by earning both Aeroplan points and Starbucks Stars at participating Starbucks locations throughout
Canada. This new Starbucks partnership is another example of Aeroplan's commitment to rewarding and recognizing
all travelers—both frequent and occasional. In addition to launching this new partnership with Starbucks and other
everyday marquee brands yet to be announced, Aeroplan will be introducing a series of "Aeroplan Ahead" offers
throughout 2021. These time-limited offers will give members special earning opportunities on the ground and at
home, setting them up for future travel, whenever they're ready to get back in the skies.
19
ANA (Japan) Partners with Toyota Industries to Test Advanced Autonomous IT Shades
Engage & Enable
Towing Tractor
Description
All Nippon Airways (ANA), Japan's largest and 5-Star airline for eight consecutive years, will partner with Toyota Industries
Corporation (Toyota Industries) to conduct a test of the latest autonomous towing tractor in the restricted area at Tokyo Haneda
Airport from March 29 to April 2, 2021. These trials be the first to take place at Haneda Airport. For this latest round of tests, Toyota
Industries will introduce a newly developed autonomous towing tractor equipped with higher location tracking abilities that ensure
smooth operations between indoor and outdoor environments. This advanced, high-precision model is able to transport a large
amount of cargo, even in the congested driving conditions found at Tokyo Haneda airport. The new tractor boasts increased location
tracking abilities and improved towing capacity - even on inclined surfaces. In addition, a plastic glazing window developed by
Toyota Industries has been used in the cabin to ensure greater safety while also reducing its weight. The autonomous towing tractor
being tested is a breakthrough and features the latest technology. By building on the information gained from prior tests, the vehicle
will be equipped to navigate open spaces as well congested environments. It is equipped 3D LiDAR and a 2D laser scanner, as
advanced components that allow it to constantly track its position via road pattern matching and GPS.
20
Cathay Pacific Cargo India and EFL Global deliver COVID-19 vaccines to IT Shades
Engage & Enable
South America
Description
Cathay Pacific Cargo, a leading global air freight operator, partnered with EFL Global, a leader in supply chain solutions, to uplift
a COVID-19 vaccine shipment out of Hyderabad, India. The shipment was uplifted from Rajiv Gandhi International Airport to
Paraguay via Miami International Airport. The shipment included 10,000 vials with a total of 100,000 vaccine doses, successfully
delivered through the airline’s fleet B773ER, a cargo-only passenger flight from Hyderabad to Hong Kong. This was followed by
a quick transfer onto Cathay Pacific Cargo freighter B747-8F from Hong Kong to Miami. The vaccine shipments were assigned
a unique handling code “VAC” that denotes a special SOP used for handling and notifying all concerned teams at origin, transit,
and destination. This protocol ensures that vaccines are stored within the required consistent temperature ranges of 2-8 degrees
Celsius from acceptance to delivery. Crucial steps such as the late release of the shipment from warehouse to airside at origin and
an early release from aircraft to warehouse at the destination are taken to minimise exposure and temperature fluctuations.
Additionally, priority towing at ramp for all flights was provided to avoid exposure to external conditions.
21
Singapore Airlines and CapitaLand embark on rewards partnership IT Shades
Engage & Enable
Description
Singapore Airlines and CapitaLand embarked on a new rewards partnership that will deliver greater value to their members, beginning with
the launch of a two-way rewards conversion programme between their respective KrisFlyer loyalty programme and CapitaStar shopping and
lifestyle rewards programme. This partnership will allow KrisFlyer and CapitaStar members to redeem their miles and STAR$® for a wide
variety of lifestyle and travel rewards. Members can also look forward to more programme benefits such as exclusive CapitaStar shopping,
dining and lifestyle rewards on the Kris+ mobile app, with more other perks and privileges made available progressively. With the conversion
programme, KrisFlyer and CapitaStar members are able to convert between miles and STAR$® on the two rewards programmes directly and
seamlessly via SingaporeAir.com, the SingaporeAir mobile app, the Singapore Airlines’ lifestyle app Kris+, the CapitaStar mobile app and
CapitaStar.com. Conversions can be done digitally, 24/7 on-the-go, at members’ convenience. The partnership presents more choices to
members of both programmes as they unlock a wide range of options to use their miles and STAR$®. This includes over 40 KrisFlyer airline
partners and more than 180 non-airline partners across 780 partner outlets across Singapore, as well as at 16 participating CapitaLand malls
island-wide and on CapitaLand’s digital platforms eCapitaMall and Capita3Eats.
22
Far Eastern Federal University and Japan Airlines (Japan) Sign Partnership IT Shades
Engage & Enable
Agreement
Description
Far Eastern Federal University and Japan Airlines (JAL) have signed an Industry-Academia Collaboration agreement
with the aim of developing academic and cultural exchange between Russia and Japan. FEFU, one of the largest
institutions of higher education in Russian Far East, has long been known as a prestigious school of Oriental Studies,
including Japanese Linguistics, and has produced many outstanding graduates. JAL established the Narita-Vladivostok
route in February 2020 and is actively involved in social contribution activities in the Primorsky Territory; at a time
when the route remains suspended due to the COVID-19 pandemic. FEFU, with its school motto of "Striving for
Success", and JAL, with its knowledge and experience gained through the aviation business, will work together in the
field of education to further develop human resources, while contributing to the development of economic and cultural
exchange between the two countries.

23
JetBlue (USA) and CommonPass Begin Launch of Digital Health Pass with IT Shades
Engage & Enable
Boston Customers Bound for Aruba
Description
JetBlue and The Commons Project Foundation, in partnership with the government of Aruba and COVID testing companies Vault and
XpresCheck, announced they have launched the use of the CommonPass platform, allowing JetBlue customers traveling from Boston’s
Logan International Airport to Aruba’s Queen Beatrix International Airport to enter the nation using the CommonPass digital health pass.
The CommonPass platform enables safer travel and easy entry as travelers can simply scan their passports to verify that they meet entry
requirements into Aruba. The first flight for eligible customers landed Tuesday in Aruba and will continue for all JetBlue flights from
Boston to the island destination. The airline and its partners plan in the coming weeks to expand the use of CommonPass for customers
traveling to Aruba from cities throughout JetBlue’s network. Aruba requires that arriving passengers test negative for COVID-19 either
within 72 hours of or upon arrival. Boston customers who utilize JetBlue’s testing partners, Vault for supervised at-home PCR tests or
XpresCheck for in-person testing, are now able to streamline the arrival process in Aruba by downloading the CommonPass app in
advance of their flight. Upon arrival, CommonPass users will have access to dedicated CommonPass immigration lanes to start their
vacation sooner. More testing facilities are expected to be added to the CommonPass platform in the coming weeks and months.
24
Kuehne+Nagel (Switzerland) and Danone extend logistics partnership in IT Shades
Engage & Enable
Poland for another seven years
Description
Danone Sp. z o.o., part of the global food company Danone, extends its cooperation with Kuehne+Nagel in Poland for
another seven years. Danone Sp. z o.o., part of the global food company Danone, extends its cooperation with
Kuehne+Nagel in Poland for another seven years. In conjunction, a new distribution center spanning 11,079 sqm has
been opened in Ruda Śląska. The facility is equipped to store goods at a controlled temperature of 4 - 6°C, including
co-packing in cold and ambient chambers. While unloading and loading goods, product integrity is ensured by
insulated cooling aprons, gates and platforms. The new distribution center sets new standards in terms of sustainable
building technology, thanks to energy-saving LED lighting, motion sensors for online temperature control and a solar
water heating system. Operations in the warehouse will be supported e.g. by lithium ion forklifts, which reduce
electricity consumption.
25
Kuehne+Nagel (Switzerland) enters into agreement with American Airlines to IT Shades
Engage & Enable
deploy 11 million litres of sustainable fuel
Description
Kuehne+Nagel and American Airlines join forces to act on climate change, entering into an agreement to deploy more than
11 million litres of sustainable aviation fuel (SAF). 11 million litres (3 million gallons) of SAF would enable a Boeing
787-9 Dreamliner passenger aircraft to fly 25 times carbon neutral around the world or transport 13 million kg of cargo
from London to Dallas on a Boeing 777F cargo aircraft. Kuehne+Nagel customers can now benefit from immediately
available SAF solutions to avoid CO2 emissions of their air freight globally. As part of the Net Zero Carbon programme,
Kuehne+Nagel is proactively advancing its sustainable and scalable solutions to decarbonise air freight shipments. SAF is
currently the most effective measure to significantly reduce the environmental footprint of aviation and foster transition to
carbon neutrality. With the newly launched SAF offering, customers can power their products with alternative fuel directly
via the logistics provider. Kuehne+Nagel portfolio of sustainable solutions will be further expanded with innovative and
easy shipping options.
26
Retailo signs up a strategic partnership with Maersk (Denmark) for IT Shades
Engage & Enable
warehousing solution in Pakistan
Description
Retailo, the fastest growing B2B e-commerce platform in the MENAP region, partners with Maersk, a global integrator of container
logistics, for warehousing services in Pakistan. Through this regional partnership, Retailo will be able to rely on Maersk for its
ever-expanding business needs by getting access to purpose-built warehouses and expand the scale of its business. Inefficiencies within
the retail sector have long since hindered the retailer’s business and profits. Procurement, and supply chain channels within the region are
entirely informal and pose significant challenges. Retailo’s unique business model, the systematic logistics, and beautifully
uncomplicated technology are revolutionizing the retail industry and to serve the demand, Retailo now uses several vast warehouses in
the region already. Maersk, as a part of its integrated logistics solutions, has been offering its customers with services that cover their
entire supply chain needs including landside transportation, warehousing, customs clearances, ocean shipping, technology and other
customised offerings at origin and destination. Expanding its footprint to serve customers better specifically in the warehousing
landscape, Maersk is creating a dedicated warehouse solution for Retailo in Karachi. The partnership with Maersk will help Retailo
manage their large inventories as per specific requirements.

27
Maersk (Denmark): Braskem partners with A.P. Moller - Maersk & PSA IT Shades
Engage & Enable
Corporation Ltd in new Lead Logistics agreement
Description
Braskem, the largest biopolymers producer in the world, announced the signing of a logistics agreement with A.P. Moller
– Maersk & PSA Corporation Ltd. The two-year partnership covers Lead Logistics and multi-carrier Hub-in-Transit
services in the Port of Singapore. Maersk will manage the end-to-end supply chain for Braskem, including full visibility
of its shipments, customs house brokerage, carrier bookings. Further, Maersk will be managing other partners in
Braskem’s supply chain across multiple supply chain modes. Braskem’s growth strategy is based on innovation and
sustainable developments, focusing on ensuring operational excellence, innovative solutions for a better life and
developing an increasingly sustainable product portfolio. The global pandemic has disrupted chemicals supply chains in
unexpected ways. The partnership with A.P. Moller - Maersk enables both parties to jointly develop logistics solutions that
respond to the current supply chain challenges providing opportunities to manage Braskem’s cargo flow in line with
demand patterns.
28
IT Shades
Engage & Enable
Environment & Social Updates


Environment & Social Updates
Kuehne+Nagel (Switzerland) delivers first 215,000 doses of Sinovac vaccine to IT Shades
Engage & Enable
Ukraine
Description
Kuehne+Nagel has delivered a first batch of CoronaVac vaccine produced by Sinovac Biotech Ltd., a leading
biopharmaceutical company in China. Kuehne+Nagel therefore is the first logistics company to deliver the Chinese
Covid-19 vaccine to Ukraine. The shipment is part of a global agreement between the two companies. The first 215,000
doses of CoronaVac were delivered at the end of March 2021. The cargo was transported by air from Beijing in special
active cooling containers. At all stages of transport, product integrity at the required temperature of +2 to +8°C was
maintained. At the end of February, Kuehne+Nagel successfully helped Sinovac fulfill its first Covid-19 vaccine
shipment to the Dominican Republic. According to the office of the President of Ukraine and the Ministry of Health,
the overall contract with Sinovac Biotech encompasses 1.9 million doses of vaccine. Thus, this first delivery of
CoronaVac to Ukraine just marks the start of large-scale work to overcome the pandemic in the country.
29
IT Shades
Engage & Enable
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I-Bytes IT Shades

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Who We are Aim of this I-Byte Reasons to talk to us

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Sponsoring Companies for this Edition

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1. Financial, M & A Updates....................................................................................................................................1

3. Rewards and Recognition Updates...................................................................................................................11

4. Customer Success Updates................................................................................................................................15

5. Partnership Ecosystem Updates.......................................................................................................................18

6. Environmental & Social Updates.....................................................................................................................29

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Financial, M & A Updates

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Description Executive Commentary

Description Executive Commentary

world. profitability. GECAS is a highly attractive business and this

transaction continues our strong track record of capital allocation.

As the recovery in air travel gathers pace, this transaction

represents a unique opportunity that we believe will create

long-term value for our investors,”

Description Executive Commentary

service improvements are expected to achieve meaningful environmental benefits.

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daily flight between Boise and Sacramento.

Rewards & Recognition Updates

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solution provider by contributing to the preservation of the global environment.

inaugural health safety audit.

Customer Success Updates

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Partner Ecosystem Updates

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similar transaction in the future.

island-wide and on CapitaLand’s digital platforms eCapitaMall and Capita3Eats.

exchange between the two countries.

manage their large inventories as per specific requirements.

Environment & Social Updates

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I-Byte Travel & Transportation April 2021

I-Byte Travel & Transportation April 2021