Feb03Sat

Member News from PECO

With much of Puerto Rico still in the dark, Peco sends crews to restore power
By Andrew Maykuth, Philly.com

Peco and several other area utilities are sending crews and equipment to assist in the restoration of electrical service in Puerto Rico, where more than 30 percent of customers are still without power four months after Hurricane Maria slammed the island.

Peco and five other utilities owned by Exelon Corp. — Atlantic City Electric, Delmarva Power, Baltimore Gas & Electric, ComEd in Chicago, and Pepco in Washington — announced Monday that they will dispatch 144 line workers to join a contingent of nearly 1,500 relief workers organized by the Edison Electric Institute.

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Feb02Fri

Member News from SAP

SAP CEO Bill McDermott back on the merger trail, snapping up another $1B software firm
By Joseph DiStefano, Philly.com

After a 2½-year pause, SAP chief executive Bill McDermott is buying again. Last week,  he landed the latest in an almost-yearly string of $1 billion-plus acquisitions, seeking to keep the Germany-based business-software giant relevant amid fast-morphing technologies and flush rivals.

SAP, with $24 billion in yearly sales, employs 90,000 worldwide, including 3,000 management, sales, marketing and tech people at its U.S. headquarters in Newtown Square.

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Feb02Fri

Members in the News

Irish Airline To Launch Service In Philadelphia
By Mike Denardo, KYW Newsradio

PHILADELPHIA (CBS) — Philadelphians heading to the Emerald Isle will soon have more travel options, as Aer Lingus prepares to launch service here.

Irish airline Aer Lingus is adding Philadelphia to the 11 North American cities it serves, with four Philadelphia flights a week starting March 25th, and daily service starting May 18.

Aer Lingus CEO Stephen Kavanagh spoke this week at a discussion sponsored by the Irish American Business Chamber and Network.

“The Irish links to Philadelphia are well-known and renowned. And so there is a strong heritage and legacy. But there’s also strong business being conducted between Pennsylvania and Dublin,” he said.

He says there are 232 Irish businesses with employees in Pennsylvania. American Airlines already flies to Dublin and city commerce director Harold Epps says the competition should push down fares.

“It’s another way to access Europe for a lower fare. So business and tourists will have options,” said Epps.

Epps says the Aer Lingus flights should add millions to the local economy.