Delta Exercises Options for 12 Airbus A220-300s

Delta Air Lines said it has executed options for 12 new Airbus A220-300 aircraft, continuing the streamlining of its fuel-efficient fleet.

 

With 70 aircraft remaining to deliver, including the 12 options recently exercised, Delta’s fleet of A220s will grow to 131 aircraft.

 

“The A220-300 offers efficient performance and flexibility,” said Kristen Bojko, vice president of Fleet. “The continuing expansion of Delta’s A220 family is an integral investment in the future of sustainable aviation.”

 

The A220-300 is powered by Pratt & Whitney latest-generation geared turbofan GTF engines, which allow the fan and turbine to spin at optimal speeds for fuel efficiency, delivering a step change in fuel efficiency for its class, company officials said.

 

In addition to reinforcing Delta’s investments in sustainability, Delta’s expanding A220 fleet complements Delta’s fuel-efficient A321neo fleet, the officials said.

 

The next-gen A220-300, a 130-seat aircraft, will serve customers traveling domestically and to Delta's coastal hubs. The narrowbody features 12 First Class, 30 Delta Comfort+ and 88 Main Cabin seats.

 

Delta took delivery of its first Airbus A220 in October 2018 and was the first U.S. carrier to operate the aircraft type.

 

The largest A220 operator in the world, Delta has 16 A220-300s in its fleet. In addition, Delta operates a fleet of 45 109-seat A220-100 aircraft.

 
 

Duke Energy Announces Dividend Payments to Shareholders

Duke Energy (NYSE: DUK) July 13, 2023, declared a quarterly cash dividend on its common stock of $1.025 per share, an increase of $0.02.

 

The dividend is payable on Sept.18, 2023, to shareholders of record at the close of business on Aug.18, 2023.

 

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share, payable on Sept.18, 2023, to shareholders of record at close of business on Aug.18, 2023. This is equivalent of $0.359375 per depositary share.

 

In addition, the company declared a semi-annual cash dividend on its Series B preferred stock of $24.375 per share, payable on Sept.18, 2023, to shareholders of record at the close of business on Aug.18, 2023.

 

Duke Energy has paid a cash dividend on its common stock for 97 consecutive years.

 

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity.

 

Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people.

 
 

Solunus Selects Charleston, SC For Business Expansion

The Charleston Digital Corridor said Solunus Inc., a dedicated Salesforce partner headquartered in Irving, Texas, and with offices in Mexico, India and South Africa, has selected Charleston, S.C., for its business expansion.

 

The company will commence operations at the Charleston Tech Center. 

 

Founded in 2014, Solunus provides a comprehensive array of Salesforce services that empower companies to delight customers and accelerate growth.

 

The company joins a rapidly growing list of technology-focused organizations expanding operations to Charleston, S.C.

 

Officials said Solunus expects to add several positions in the near term and will focus on the needs of public agencies. 

 

Said Sudhakar Pennam, co-founder and CEO of Solunus Inc.: “We’re glad to expand our operations to Charleston. The city has a vibrant economy and is rapidly emerging as a destination for IT and other high-tech companies. It provides ample opportunities to facilitate the growth of businesses and a large pool of talented professionals."

 

Pennam added, "The expansion will go a long way in enabling us to serve our clients even better and strengthen our relationships with them. This is indeed a watershed moment in our story of success.” 

 

Solunus is a Salesforce CREST (Gold) partner providing end-to-end Salesforce services to firms of all sizes across the industry spectrum.

 

The Charleston Digital Corridor is a community-sourced initiative to attract, nurture and promote the region’s tech economy through an array of programs, products and events while leveraging Charleston’s renowned livability.

 

The CDC has served over 500 companies in the region for the past 20 years.

 
 

Synovus Names New Director of Investor Relations

Synovus Financial Corp. (NYSE: SNV) said Jennifer Demba has been named the new director of investor relations, reporting to Chief Financial Officer Jamie Gregory. She will be based in Atlanta, Ga.

 

Demba covered the regional banking industry as a senior equity analyst for more than 20 years at Truist Securities and its predecessor companies.

 

During that time, she followed more than 50 banking institutions, mainly in the Southeast and Texas, including Synovus Financial Corp.

 

Demba has been a panelist for banking industry events, appeared on CNBC and Bloomberg Television and has been quoted in publications like The Wall Street Journal, Barron's and American Banker.

 

A Chartered Financial Analyst, Demba earned a bachelor’s degree in business administration from the University of Tennessee and an MBA from Georgia State University.

 

Demba succeeds Cal Evans, who has taken on a new role within Synovus as senior director of market intelligence and analytics reporting.

 

He will oversee the Synovus market intelligence function to optimize economic research and analysis that informs business strategy and enhances opportunities to differentiate the company.

 

Synovus Financial Corp. is a financial services company based in Columbus, Ga., with approximately $62 billion in assets.

 

Synovus supplies commercial and consumer banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking.

 

Synovus has branches in Georgia, Alabama, South Carolina, Florida and Tennessee.

 

ON A SIDE NOTE:

 

Just about every fledgling business could use a little help, especially financial aid, getting off the ground, and The $30K PowerUp: A South Carolina StartUp Competition will provide much-needed cash infusions to three Palmetto State businesses.

 

Integrated Media Publishing (publisher of Greenville Business Magazine, Columbia Business Monthly, and Charleston Business Magazine) in partnership with Erik Weir are hosting the inaugural Entrepreneurial StartUp Series and Competition. 

 

The top finisher will win $15,000. Second place earns $10,000, and the third-place winner will receive $5,000.

 

Three companies will be selected to be featured in all three magazines each month from April until September 2023. To apply or for more information Click Here!

 

 

Allow us to tell your company's Business Narrative. Send your press release to David Dykes or for more information email ddykes@intmedpub.com