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Thursday, October 23, 2014

AviTrader Daily Aviation News Alert

This is an overview of all articles linked within the selected daily newsletter.
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Emirates reject Delta’s apology regarding Anderson’s 9/11 comments

February 20, 2015 · 556 Views

The bitter dispute between US- and Gulf-based airlines has reached a new level after Emirates flatly rejected an open apology made concerning what was seen as incredibly tactless and insensitive remarks made by Delta’s Chief Executive, Richard Anderson. The unfortunate incident relates back to comments made by a group of American airlines that a number of the larger Gulf carriers had benefited from state subsidies amounting to a figure in excess of US$40bn. As a consequence the American airlines either wanted to renegotiate or scrap the current Open Skies agreement.
Offended by such claims, the Gulf carriers retaliated by questioning whether or not US airlines had received government subsidies totaling US$5bn in the wake of 9/11. Unfortunately Delta’s Anderson, responding to this claim on CNN, said: “It’s a great irony to have the United Arab Emirates from the Arabian Peninsula talk about that, given the fact that our industry was really shocked by the terrorism of 9/11, which came from terrorists from the Arabian Peninsula.” While the UAE and Qatar, two of the States’ allies who have offered either military or logistical support for international operations were particularly upset by these comments, Delta simply made it clear that Anderson had been responding to claims regarding post 9/11 subsidies. “He didn’t mean to suggest the Gulf carriers or their governments are linked to the 9/11 terrorists. We apologize if anyone was offended.”
Unfortunately the largest of the three main Gulf carriers did not see this as acceptable. “We believe that the statements made this week by Mr. Anderson were deliberately crafted and delivered for specific effect,” it confirmed in a statement. However US airlines continue to complain that they have lost significant numbers of bookings since 2008 as a result of Gulf competition and cited documents they indicate demonstrate aid which has allowed their competitors to offer cheap fares. In retaliation, Gulf officials say that most US carriers do not fly the same routes and are losing business only because they offer an inferior service.
This is not a dissimilar situation to the one between Gulf airlines and European carriers, including Lufthansa, and coincidentally has come at the same time as US airlines are trying to have US Exlm Bank closed down. They believe Gulf carriers are benefitting to a greater degree from the export credit agency. The tit-for-tat dialog continues with Western airlines showing concern for the safety of thousands of service industry jobs, a complaint to which Gulf carriers have responded by making it very clear they support at least as many jobs in the aerospace sector with their huge orders for aircraft.

Snecma and HAL to create joint venture and build a new production facility in India

February 20, 2015 · 655 Views

Snecma (Safran), a leading manufacturer of aircraft engines, and Hindustan Aeronautics  (HAL), a leading aerospace manufacturer, signed a Memorandum of Understanding (MoU) on January 28th, 2015 in Bangalore to explore establishing a joint venture in India for the production of aero-engine parts.  The proposed joint venture will initially focus on the manufacture of high-tech parts for the Dassault Rafale’s Snecma M88 engine, then subsequently contribute to other major aerospace projects of HAL & Snecma, in India and worldwide. Spanning over 30,000 m², the proposed joint venture’s new plant is expected to benefit from substantial investment by the two partners, providing it with state-of-the-art machinery and equipment. This agreement marks a major step forward in the long-standing collaboration between Snecma and HAL. The proposed joint venture will further broaden the scope of the excellent relations established over the past 60 years between Safran affiliates and the Indian aerospace industry. For example, Snecma manufactures the M53 engines powering the Mirage 2000H “Vajra” fighters operated by the Indian Air Force.

Design flaws led to 787 battery fire

December 2, 2014 · 197 Views

On the 7th January 2013 a fire was reported on board a Boeing 787 Dreamliner while parked at Boston’s airport in the USA. The fire was put down to a problem with one of the plane’s lithium-ion batteries. A week later an All Nippon Airways 787 Dreamliner had to make an emergency landing after smoke was discovered inside the plane which was subsequently traced back to another lithium-ion battery. As a consequence of this incident, all 787 Dreamliners were grounded until April of that year until further acceptable testing and improvements were carried out to the battery system on board the plane. The battery itself was manufactured by GS Yuasa and comprised eight individual cells making up a combined weight of 63lbs.
Nearly two years later and the results of the investigation into the first incident have concluded that the lithium-ion battery installed in the plane should not have received certification by the FAA. The National Transport Safety Board (NTSB) were also critical of Boeing who they believed had erroneously ruled out the chances of thermal runaway in its assessment of the battery’s safety. Boeing’s battery tests to obtain original certification included crushing battery cells, driving nails through them and deliberately introducing short circuits to cause failure. Boeing found “nothing adverse happened” while these tests were carried out, and so deemed the battery’s box and internal protection to be of an acceptable standard. Boeing stated that it had followed the certification process set out by the FAA. It would seem that while the cause of the fire has been clearly identified, responsibility for its occurrence has not been accepted in full by anyone.

Rolls-Royce forced to axe 2,600 jobs after second profit warning this year

November 5, 2014 · 164 Views

Back in February this year, Rolls-Royce, the FTSE-100 engine maker, lost over £3bn of its value after shocking the market with its first profits warning in a decade. To announce a second one this October has created considerable concern and Rolls-Royce has decided that over the next 18 months they need to reduce costs by up to £80m a year by axing 2,600 jobs, the majority of which will be in the aerospace sector in Britain and the United States. The focus is on Rolls-Royce’s key Trent engines as they move from the development to the production phase, which consequently requires fewer engineers.
Back in February John Rishton, Rolls-Royce group’s Chief Executive, had admitted that the future was “bumpier than I had expected”, while blaming the current problems on deteriorating economic conditions and a tit-for-tat trade war between the EU and Russia over the Ukrainian crisis which had affected its nuclear and energy business as well as its power-systems unit. This week Rishton has had to admit that “We are taking determined management action and accelerating our progress on cost. The measures announced today will not be the last; however they will contribute towards Rolls-Royce becoming a stronger and more profitable company.”
Another consequence of the situation is the unexpected departure of Finance Director, Mark Morris, leaving the company after 27 year without any explanation. He will be replaced by David Smith, who is being promoted from Finance Director of the Rolls-Royce Aerospace division. This second profit warning saw share value fall 11% to 832p, wiping a further £2bn off the company’s value. However, news of the redundancies was well received by investors and the share price rallied by 2%, currently standing at 832p. This is clear confirmation of comments made by Espirito Santo’s analyst, Ed Stacey, who indicated that investors would be expecting a clear message from the new Finance Director and tight control on all finances.

Air France-KLM selects GEnx engines for Boeing 787 fleet

March 25, 2014 · 113 Views

Air France-KLM selected the GEnx-1B engine to power its 25 Boeing 787 Dreamliners and 12 leased 787 aircraft. The total engine order is valued at more than $1.7bn. Air France-KLM and GE Aviation have also signed an agreement that will allow Air France-KLM to offer maintenance, repair and overhaul (MRO) services for the GEnx-1B engine. Under this agreement, Air France-KLM will be licensed to perform maintenance and overhaul work on the GEnx-1B engine and GE will provide technical support and assistance on overhaul workscoping and component repair licenses, comprehensive material support and training.

ILFC closes $1.5bn senior secured term loan

March 7, 2014 · 80 Views

International Lease Finance Corporation (ILFC) has closed a new senior secured term loan of $1.5 billion. The loan will bear interest at LIBOR plus 275 basis points with a 0.75% LIBOR floor, is priced at 99.5% of par value, and will mature in 2021. The collateral used to support the transaction has an initial weighted average age of 9.1 years. It will be secured primarily by a first priority-perfected lien on the equity of certain of ILFC’s subsidiaries, which directly or indirectly own a pool of aircraft and related leases. ILFC plans to use the proceeds for general corporate purposes, including purchasing aircraft and supporting the company’s liquidity cushion.

Airbus Commercial reports another year of financial improvement

February 26, 2014 · 80 Views

In 2013, Airbus achieved a new industry record of 1,619 gross commercial orders (FY 2012: 914 gross orders) with net orders of 1,503 aircraft (FY 2012: 833 net orders), excluding ATR. Gross orders comprised 1,253 A320 Family aircraft, 77 A330s, 239 A350 XWBs and 50 A380s. Fourth-quarter orders included Emirates Airline’s agreement for 50 A380s and Etihad Airways’ order for 50 A350 XWBs, 36 A320neos and one A330-200F. Airbus Military (now part of Airbus Defence and Space) received 17 net orders (FY 2012: 32 net orders). Airbus’ net order intake increased sharply to €202.3bn (FY 2012: €88.9bn). At the end of 2013, Airbus’ consolidated order book was valued at €647.4bn (year-end 2012: €525.5bn). The Airbus Commercial backlog was worth €627.1bn (year-end 2012: €505.3bn), comprising 5,559 Airbus aircraft (year-end 2012: 4,682 units) and representing over eight years of production. Airbus Military’s order book was worth €20.8bn (year-end 2012: €21.1bn). Airbus series aircraft deliveries increased to 626 aircraft (FY 2012: 588 aircraft, including three A330s without revenue recognition). Airbus Military delivered 31 aircraft (FY 2012: 29 aircraft). Airbus’ consolidated revenues increased seven percent to €42,012m (FY 2012: €39,273m), reflecting higher commercial and military aircraft deliveries. The Division’s consolidated EBIT rose to €1,710m (FY 2012: €1,252m). Airbus Commercial’s revenues rose to €39,889m (FY 2012: €37,624m). The Airbus Commercial reported EBIT was €1,595m (FY 2012: €1,147m) with the EBIT before one-off at €2,216m (FY 2012: €1,669m). Airbus Commercial’s EBIT before one-off benefitted from the improved operational performance, including favourable volume, some better pricing and an improvement in A380 losses. It also included higher A350 XWB programme support costs. Revenues at Airbus Military rose to €2,893m (FY 2012: €2,131m), driven by the A400M ramp-up and higher volumes from both light and medium transport planes and tankers. The EBIT at Airbus Military was €166m (FY 2012: €93m).

Boeing Commercial Airplanes reports full year revenue of $53bn

January 29, 2014 · 76 Views

Boeing Commercial Airplanes fourth-quarter revenue increased to $14.7bn and full-year revenue increased to a record $53bn on higher delivery volume. Fourth-quarter operating margin improved to 10.3% and full-year operating margin grew to 10.9% on the higher volume, favorable delivery mix and continued strong operating performance. During the quarter, the company launched the 777X with 259 orders and commitments. During the year, the 787 program completed first flight of the 787-9, successfully launched the 787-10 and began operating at a 10 per month production rate in final assembly. The 737 program delivered at a record production rate of 38 per month and has won nearly 1,800 firm orders for the 737 MAX since launch. In 2013, a record 648 commercial aircraft were delivered. In January 2014, the company reached an eight-year contract extension through 2024 with the International Association of Machinists & Aerospace Workers District 751 (IAM). Commercial Airplanes booked 465 net orders during the quarter and 1,355 during the year. Backlog remains strong with 5,080 airplanes valued at a record $374 billion.

A350 XWB in Bolivia for high altitude testing

January 9, 2014 · 67 Views

The A350 XWB development aircraft, MSN3, is in Bolivia where it will perform a series of tests at the high altitude airfields of Cochabamba and La Paz. Cochabamba is around 8,300 feet above sea level, and La Paz is one of the world’s highest airports at 13,300 feet. Operations at such high altitude airfields are particularly demanding on aircraft engines, Auxiliary Power Unit (APU) and systems. The aim of these trials is to demonstrate and validate the full functionality of engines, systems, materials as well as to assess the overall aircraft behaviour under these extreme conditions. A number of take-offs with all engines operating and with simulated engine failures are being performed at each of the airfields to collect data on engine operating characteristics and validate the aircraft take-off performance. The autopilot behaviour will also be evaluated during automatic landings and go-arounds. Since the A350 XWB’s first flight with MSN1 on June 14th 2013, over 800 flight test hours have been performed in close to 200 test flights by both MSN1 and MSN3. In total the A350 XWB flight test campaign will accumulate around 2,500 flight hours with the fleet of five aircraft. The rigorous flight testing will lead to the certification of the A350-900 by the European EASA and US FAA airworthiness authorities, prior to entry into service in Q4 2014.

Firefly welcomes first ATR 72-600

July 5, 2013 · 66 Views

Firefly, Malaysia Airlines’ subsidiary carrier has taken ownership of its first brand-new ATR 72-600. The aircraft is the first of 20 latest generation firm ATRs, plus 16 options, ordered by Malaysia Airlines in December 2012. Firefly currently operates 12 ATR 72-500s, and with the arrival of the new ATR 72-600s will almost triple its exclusively ATR 72 aircraft fleet, taking the total to over 30 aircraft.

GE’s Passport engine begins first full engine test

June 26, 2013 · 42 Views

Certification testing is underway on the first Passport development engine at GE Aviation’s Peebles Testing Operation in Ohio. The engine began ground testing on June 24th and ran for more than three hours, reaching more than 18,000 lbs. of standard day sea-level takeoff thrust. Eight Passport engines and one core will be involved in the engine certification program. Flight testing on GE’s flying testbed is scheduled for 2014. Engine certification is expected in 2015. The Passport engine certification program follows three years of validation testing. GE Aviation has conducted validation tests on the fan blisk design, including two fan blade-out rig tests, ingestion tests and a fan aero rig test to demonstrate fan efficiency. Testing is complete on the third eCore demonstrator, and GE has accumulated more than 300 hours of testing on eCore demonstrators to date.

Rolls-Royce wins order from CIT to power 23 aircraft

May 22, 2013 · 55 Views

Rolls-Royce has won an order from US leasing company CIT Aerospace for Trent XWB engines, to power ten Airbus A350 XWB aircraft and Trent 700 engines to power 13 Airbus A330 aircraft. The Trent XWB engines will power ten CIT A350 aircraft that were announced in January 2013 which were in addition to five A350 XWB aircraft already on order. The Trent XWB, specifically designed for the Airbus A350, is the fastest selling Trent engine ever, with more than 1,200 already sold. The engine variant that will power the A350-800 and -900 was awarded European Aviation Safety Agency (EASA) type certification in February. The engine will power the first flight of the Airbus A350 XWB this year and the aircraft’s first in-service flight in 2014.

LMI Aerospace to supply bonded fuselage panels for new Golfstream business jets

October 21, 2014 · 56 Views

LMI Aerospace, a leading aerostructures and engineering services provider to the commercial, business and regional, and military aerospace, has secured contracts to supply both bonded fuselage panels and numerous detail parts for Gulfstream Aerospace Corporation’s recently announced new business jets. The multi-year contracts are expected to yield significant revenue for the company. Under the new agreements, LMI will produce structural assemblies, skins and components for both the Gulfstream G500 and G600 business jets. To accommodate the new work, LMI added 60,000 ft² to its Tulsa, Oklahoma, facility for processing, machining and assembly. Additional capital improvements at the LMI facility in Vista, California, have provided the necessary capacity for the program’s stretch forming and metal fabrication requirements. LMI has contracted with NORDAM to provide the metal bonding process for the fuselage and vertical tail panels.

Fireblade Aviation opens first FBO at Johannesburg’s OR Tambo International Airport

October 21, 2014 · 83 Views

South African-based business aviation concern Fireblade Aviation has opened the first and only Fixed Base Operation (FBO) at Johannesburg’s OR Tambo International Airport. The Fireblade Aviation FBO, which became operational on September 1st, 2014, already serves domestic aircraft having welcomed its first private jet on September 2nd, 2014. It is anticipated that full approval for the dedicated Customs and Immigration Service will be given by the end of the year making it the first FBO in South Africa to welcome international travellers. The state-of-the-art facility, which represents an investment of R165m (US$15m) by Nicky and Jonathan Oppenheimer is a culmination of the owners’ lifetime passion for the aviation sector and a desire to fulfill a market demand for a world-class international FBO facility at South Africa’s main airport.

BOC Aviation places two Boeing 777-300ER aircraft with EVA Airways Corporation

October 21, 2014 · 57 Views

BOC Aviation announced the placement of two Boeing 777-300ER aircraft with EVA Airways Corporation for delivery in early 2017. EVA Air has been a customer of BOC Aviation since 1994, making it one of the company’s long-standing customers.

Comlux America completes two new VIP cabins for customers based in Asia

October 21, 2014 · 52 Views

Comlux America, the Completion and Services center of the Comlux Group based in Indianapolis IN, has had a very busy year in 2014. The company signed two major contracts – one green completion on ACJ320 and one BBJ major refurbishment for a Chinese customer – and delivered two high-end VIP interiors – one BBJ for an Asian customer and one ACJ321 for a customer based in Central Asia. These two deliveries represent the 7th and 8th green interior completions overall for Comlux America, since becoming authorized as a service center for both Airbus and Boeing in 2010. The VIP interior of the BBJ features ultra-modern custom electric POD seats provided by Iacobucci as well as a state of the art entertainment system. The cabin has four different configurations which convert lounges and offices to bedrooms and sleeping quarters.

AEI redelivers 8 freighter conversions in third quarter

October 21, 2014 · 74 Views

Aeronautical Engineers redelivered a total of eight passenger-to-freighter conversions during the third quarter of 2014. AEI redelivered a total of seven B737-400SFs and one B737-300SF freighters to various customers worldwide during the quarter. As an addition to the AEI product line, the company announced that it will be offering its customers the new eight pallet CRJ200 SF freighter conversion in mid-2015, followed by the twelve pallet B737-800SF conversion in 2017.

Avolon 2014 third quarter trading update

October 21, 2014 · 73 Views

Avolon, the international aircraft leasing group, issued a trading update for the third quarter of 2014. Avolon took delivery of 8 owned and 1 managed aircraft and sold 2 aircraft in the period. Avolon also committed to acquire six Boeing 787 Dreamliners and, as a launch customer, 15 Airbus A330neos, ending the period with an owned, managed and committed fleet of 227 aircraft.

Satcom Direct adds proactive security threat monitoring to SkyShield service

October 21, 2014 · 56 Views

Available in the first quarter of 2015, the upgraded SkyShield now will provide five levels of data filtering, adding security to Internet connections. SkyShield presently allows customers to control their in-flight Internet usage by blocking unneeded network traffic that slows down connections and increases data costs. SkyShield allows customers to stop certain software processes and applications that use large amounts of data, such as program or software updates that run in the background, streaming audio and video websites, and social media feeds. Satcom Direct has expanded this service to provide proactive security threat monitoring. Customers can opt-in to the monitoring which includes 24/7 notification of threats against or from the customer’s devices on-board the aircraft, vessel or mobile terminal.

Dassault selects Gogo Business Aviation FANS solution

October 21, 2014 · 46 Views

Gogo reported that Dassault will offer a factory-approved solution to help Falcon operators comply with emerging FANS (Future Air Navigation System) mandates. The solution includes Iridium-based communications systems from Gogo’s subsidiary, Gogo Business Aviation. Beginning in November, the solution is expected to be available via a Dassault Service Bulletin at any authorized Falcon service facility for Falcon 900, Falcon 2000 and Falcon 7X aircraft with EASy II flight decks.

Barfield invents line testing with ordinary tablet

October 21, 2014 · 96 Views

AFI KLM E&M’s American subsidiary has developed an innovative and affordable software application. Released in May 2014, Barfield’s new technology transforms any Android tablet into a wireless remote control for the DPS1000 – the Ground Support Test Equipment (GSTE) used for testing aircraft Pitot-Static/Air Data systems. Where in the past line testing often required two operators, communicating with each other by radio, Barfield’s technology only requires one. Moreover, one of the great benefits of a software application is that it’s highly flexible: it can continually evolve with extremely limited development cost. Since its release the app system was already improved, in light of the feedback from its first users. It will soon be extended to Apple’s iOS devices. While the number of tablets in mechanics’ tool boxes is today substantially increasing, Barfield’s innovation appears to be a reliable, economical and universal solution.

Vector Aerospace signs Engine Services Agreements with CommutAir and Provincial Aerospace

October 21, 2014 · 88 Views

Vector Aerospace Engine Services – Atlantic (ES-A) has renewed its Engine Services Agreement with CommutAir based in Cleveland, Ohio, United States. The agreement calls for ES-A to provide CommutAir with comprehensive engine repair and overhaul support for the Pratt & Whitney Canada (P&WC) PW123 series engines from its P&WC Distributor and Designated Overhaul Facility (DDOF) located in Summerside, Prince Edward Island, Canada. The work performed in Summerside will be augmented by ES-A’s four North American service centers, located in Atlanta, Georgia; Calgary, Alberta; Dallas, Texas; and Pittsburgh, Pennsylvania. ES-A’s Mobile Repair Team (MRT), which is designed around “Quick Turn Around Times” and is “Travel Ready” 24 hours a day, will also provide full support.

Vector Aerospace Engine Services – Atlantic, also signed an engine services agreement with Provincial Aerospace, based in St. John’s, Newfoundland, Canada. As per the terms of the one-year agreement, ES-A will provide Provincial Aerospace with comprehensive engine repair and overhaul support for the Pratt & Whitney Canada (P&WC) PT6A and JT15D series engines from its P&WC Distributor and Designated Overhaul Facility (DDOF) located in Summerside, Prince Edward Island, Canada.

Embraer rolls out KC-390 military airlift

October 21, 2014 · 330 Views

Embraer rolled out the first prototype of the KC-390 military transport from the production hangar at the industrial plant of Gavião Peixoto, Brazil. This milestone rollout will allow the Company to perform important ground tests prior to the aircraft’s first flight, planned to take place by the end of this year. Following the rollout, the aircraft will continue with initial systems evaluations leading to the first engine run, and then to the ground vibration tests and the other planned ground tests. This aircraft is the first of two prototypes that will be used in the development, ground, flight and certification test campaigns. The KC-390 is a joint project of the Brazilian Air Force with Embraer to develop and produce a tactical military transport and aerial refueling airplane that is a significant advance in terms of technology and innovation for the Brazilian aeronautics industry. The aircraft is designed to establish new standards in its category, with a lower operating cost and the flexibility to perform a variety of missions: cargo and troop transport, troop and cargo air delivery, aerial refueling, search and rescue, and combating forest fires, among others.

Austrian Airlines selects Magnetic MRO for base maintenance support

October 21, 2014 · 184 Views

Austrian Airlines selected Magnetic MRO to perform Heavy Maintenance services for its fleet of A320 during the winter season of 2014/2015. Under the new agreement, Magnetic MRO will take care of Austrian Airlines fleet of A320 aircraft during a nose-to-tail maintenance program from December 2014 until March 2015 in its facilities in Tallinn, Estonia. Each check with its defined ground time is unique due to different aircraft type, age and modification package added. Checks range from line to heavy maintenance events with combination of structure tasks and landing gear replacements. Subject to availability and approval of the modifications, a number of aircrafts will undergo light cabin refurbishment such as installation of new class divider systems, or In-Flight Entertainment systems.

Northrop Grumman to supply new Attitude and Heading Reference System for Airbus Helicopters

October 21, 2014 · 122 Views

Northrop Grumman has been selected by Airbus Helicopters to certify and deliver its new LCR-350 Attitude and Heading Reference System (AHRS) for several helicopter platforms. Developed by Northrop Grumman’s subsidiary in Germany, Northrop Grumman LITEF, the LCR-350 AHRS can be used in civil and military applications on rotary- and fixed-wing platforms, providing critical flight control data regarding an aircraft’s heading and attitude. The LCR-350 AHRS features a high-performance, micro-electro-mechanical system inertial measurement unit and is based on the standard LCR-300 AHRS. Additionally, the system enables directional gyro mode operation, which minimizes magnetic compass errors. LCR-350 will be certified for various Airbus Helicopters platforms. Production of the LCR-350 is expected to begin in 2016.

Kaman Aerosystems awarded LTA by Rolls-Royce for Trent XWB Composite A-Frame Fairings

October 21, 2014 · 101 Views

Kaman Aerosystems has been awarded a Long Term Supply Agreement (LTA) by Rolls-Royce to manufacture the Composite A-frame Fairings for the Trent XWB engine that will power the Airbus A350 XWB aircraft. Rolls-Royce and Kaman have entered into a multi-year contract for these parts, with a projected value in excess of $5m. The A-Frame Fairings will be manufactured at Kaman’s facility in Bennington, Vermont.Kaman is a leading supplier of integrated aerostructures, including metallic and composite structural assemblies and metallic parts for OEM and Tier I aerospace companies engaged in commercial and military aircraft and aeroengine programs. The Company provides complete aerostructure solutions including design, tooling, manufacturing, testing, and support.

BAE Systems signs agreement to acquire SilverSky

October 21, 2014 · 153 Views

BAE Systems has entered into a definitive agreement to acquire Perimeter Internetworking Corp., which trades as SilverSky, a commercial cyber service provider, for $232.5m (approximately £144.4m) on a cash free and debt free basis. Ian King, Chief Executive, BAE Systems, said: “The acquisition of SilverSky enhances our strategy to grow our Applied Intelligence commercial cyber security business. SilverSky has an established sales force, a complementary suite of scalable products and a large installed customer base, providing a proven route to commercial markets in the US and other countries for our combined capabilitie. “SilverSky’s cloud-based email and network security solutions, its highly skilled resource in marketing and engineering, plus an experienced management team are an ideal fit for Applied Intelligence. Together, the enlarged business will offer corporate clients a suite of products and services to protect critical information and networks and detect cyber threats and financial crime. The enlarged business has outstanding growth opportunities.” SilverSky is a leading independent cloud-based managed security services provider operating in the fast-growing cyber security market providing services including email protection, network security and managed applications. Its customer base includes approximately 5,500 customers in the financial services, retail, healthcare, energy, critical infrastructure and manufacturing sectors.

It never rains but it pours for German travellers as more Lufthansa flights are cancelled

October 21, 2014 · 135 Views

Immediately after the weekend where the German rail system was brought to a standstill through a strike by national train drivers, the 35 hour Lufthansa short-haul flight strike organised by the Vereinigung Cockpit union due to start this Monday afternoon has now been extended to include a 24 hour strike for long haul flights. The long-haul strike will commence this Tuesday afternoon as pilots pile the pressure on management. The train drivers’ strike stranded millions of travellers at a time when half-term holidays were beginning in many German states. Following on from that, the eighth walkout this year by Lufthansa pilots has affected over 1,500 flights and 200,000 people.
While the recent two-week strike at Air France-KLM that cost an estimated US$650 million was about the threat to pilots’ wage structure via the airline’s connection with their low-cost Transavia airline, this strike by Lufthansa pilots relates to transition payments demanded by pilots wishing to take early retirement. The Vereinigung Cockpit union, representing approximately 5,400 Lufthansa pilots, is determined to retain a scheme that enables pilots to retire at the age of 55, yet still receive up to 60 percent of their full pay before standard pension payments begin when they are 65. While the union has put forward a proposal to cover the costs of the scheme, the airline consider the proposal far from a compromise. As Simone Menne, the airline’s Chief Financial Officer, said: ‘The strikes are not only causing significant financial damage but are also damaging our image, the consequences of which are significant and not yet clear.’
If there is any connection between problems at Air France-KLM and Lufthansa, then it is the dire need to be able to run a low-cost airline which is able to compete with the likes of Ryanair and EasyJet. Both airlines need to trim costs at every level, and the more the unions pull pilots out on strike, the less likely it will be that either airline will be able to afford to run a low-cost operation, which could ultimately prove fatal in the long run.

Aviation Technical Services expands service to Southwest Airlines at Kansas City Facility

October 22, 2014 · 89 Views

Aviation Technical Services (ATS) has reached an agreement with its longtime customer Southwest Airlines to provide Maintenance, Repair and Overhaul (MRO) services to the carrier at its newly‐acquired and renovated facility at Kansas City International Airport (MCI). The work will begin later this year and will take place over the course of the next three years. Over the course of several decades, Southwest has been bringing its planes to ATS’ location on Paine Field in Everett, Washington. The expansion to Kansas City is a good fit for Southwest, where the carrier operates 67 daily nonstop flights to 26 destinations.

Ameco gets authorization on A330 landing gear overhaul

October 22, 2014 · 87 Views

Authorized by CAAC, EASA and FAA, Ameco released that it can perform A330 landing gear overhaul now. The 1st workload will come at the beginning of November. As the first MRO in China to develop landing gear overhaul, Ameco’s capabilities cover most A320, A321 and A330 fleet; and the Boeing landing gear overhaul mainly focus on Boeing 737NG and Boeing 747. Aircraft Maintenance and Engineering Corporation, Beijing (Ameco Beijing) is a joint venture between Air China and Lufthansa German Airlines. It was established on August 1st 1989, with Air China holding 60% and Lufthansa 40%.

Embraer’s Legacy 500 receives FAA certification

October 22, 2014 · 49 Views

Embraer’s Legacy 500 executive jet was granted FAA (Federal Aviation Administration) certification during a ceremony at the National Business Aviation Association Conference and Exhibition, in Orlando, Florida. This approval enables entry into service of the aircraft in the United States and in countries that require such certification.

Flying Colours Corp. signs joint venture agreement with China-based Sparkle Roll Technik

October 22, 2014 · 122 Views

Flying Colours Corp., the North American MRO, completion and refurbishment specialist has today signed a multi-million dollar Joint Venture agreement with Sparkle Roll Technik Co., Ltd. (“SRT”), a business jet technical solution provider within Sparkle Roll Aviation (Holding) Group (“SRA”). With the phase one hangar facility set up at Linyi City in Shangdong Province China, the main business focus for the new JV will be on private jet cabin modification and aircraft maintenance. The first project, which will begin later this month, will see eight B-registered CRJ-200 aircraft, procured by SRT, converted into VIP configurations. The work schedule for each of the initial aircraft modifications is expected to take up to eight months and will be undertaken at Flying Colours Corp., Peterborough Canada. The later conversions will have the interiors monuments manufactured in North America, with the JV’s technicians completing the final installation in China. As part of the agreement, Flying Colours Corp. will train the technicians of the JV in specific interiors techniques in Canada and will provide on-site support for the ultimate installation in China. In addition, Flying Colours Corp. team will handle all final aircraft certification.

Boeing celebrates groundbreaking for 777X composite wing center

October 22, 2014 · 73 Views

Boeing celebrated the groundbreaking of its new 777X Composite Wing Center at the Everett, Wash., campus. Permitting for the new 1-million-square-foot facility was completed approximately seven weeks earlier than anticipated, allowing for an accelerated start to construction. Boeing is investing more than $1bn in the Everett site for construction and outfitting of the new building. Once completed, the facility located on the north side of the main final assembly building will help usher in composite wing fabrication for the company’s newest commercial jetliner and sustain thousands of local jobs for decades to come. Completion of the new building is expected in May 2016. To date, the 777X has accumulated 300 orders and commitments. Two models will comprise the 777X family – the 777-8X, with approximately 350 seats and a range capability of more than 9,300 nautical miles; and the 777-9X, with approximately 400 seats and a range of more than 8,200 nautical miles.

B/E Aerospace reports third quarter 2014 financial results

October 22, 2014 · 56 Views

B/E Aerospace released its third quarter 2014 financial results, with revenues increased by 24% and adjusted operating earnings increased 26%. Adjusted earnings per diluted share increased 63% (29% using comparable tax rate in both years). The Company currently estimates that it will incur, during the second half of 2014, debt redemption costs of approximately $235m, including the write-off of unamortized debt issue costs, approximately $43m in legal, accounting, and advisory costs, and approximately $67m related to international tax initiatives. The Company also expects to incur business repositioning and separation costs of approximately $94m.

Boeing Commercial Airplanes reports 3rd-quarter revenue increase of 15%

October 22, 2014 · 56 Views

Boeing reported third-quarter revenue increased 7% to $23.8bn on higher deliveries. Core earnings per share (non-GAAP) increased 19% to $2.14, driven by strong performance across the company’s businesses. Third-quarter core operating earnings (non-GAAP) increased 13% to $2.4bn from the same period of the prior year. GAAP earnings per share was $1.86 and GAAP earnings from operations was $2.1bn. Core earnings per share guidance for 2014 increased to between $8.10 and $8.30, from $7.90 to $8.10 on continued strong operating performance. GAAP earnings per share guidance for 2014 increased to between $6.90 and $7.10, from $6.85 to $7.05. Operating cash flow before pension contributions guidance increased to greater than $7bn. Commercial Airplanes operating margin guidance increased to approximately 10.5%. Boeing Commercial Airplanes third-quarter revenue increased 15% to a record $16.1bn on higher deliveries. Third-quarter operating margin was 11.2%, reflecting the dilutive impact of 787 and 747-8 deliveries and higher period costs partially offset by the delivery volume and continued strong operating performance. During the quarter, the company launched the 737 MAX 200 with a commitment from Ryanair for 100 airplanes. The 737 program has won nearly 2,300 firm orders for the 737 MAX since launch. Due to the continued strong demand for the 737 family of airplanes, the company intends to increase the 737 production rate from 42 to 47 per month in 2017, with recently announced plans to increase to 52 per month in 2018. Also during the quarter, the first GEnx-powered 787-9 Dreamliner was delivered. Commercial Airplanes booked 501 net orders during the quarter. Backlog remains strong with over 5,500 airplanes valued at a record $430bn.

FLY Leasing purchases three new Boeing 737-800s

October 22, 2014 · 78 Views

FLY Leasing, a global lessor of modern commercial jet aircraft, has signed agreements with a leading Asian airline to purchase and lease back three new Boeing 737-800 aircraft. FLY has delivered the first aircraft, with the two remaining aircraft due for delivery during the current quarter.

PPG Aerospace supplying production and spare windows for Embraer KC-390

October 22, 2014 · 495 Views

PPG Industries’ aerospace transparencies group is designing windshields for the KC-390 military transport aircraft that will be the largest glass windshields PPG has produced and the industry’s first to have a compound bent shape affording ballistics resistance and night-vision capabilities. PPG is under contract with Embraer Defense and Security to design and manufacture production and spare windshields, side cockpit windows and fuselage windows for the KC-390 aircraft. According to Connie Poulsen, PPG global director for military transparencies, the windshields will be about 11 square feet to provide pilots with expansive viewing. The No. 2 and No. 3 side cockpit windows also will be glass and meet requirements for ballistics resistance and night-vision compatibility.

Boeing, COMAC open facility to transform ‘gutter oil’ into aviation biofuel

October 22, 2014 · 100 Views

Boeing and Commercial Aircraft Corp. of China (COMAC) opened a demonstration facility on October 22nd, that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. The two companies estimate that 500 million gallons (1.8 billion liters) of biofuel could be made annually in China from used cooking oil. Boeing and COMAC are sponsoring the facility, which is called the China-U.S. Aviation Biofuel Pilot Project. It will use a technology developed by Hangzhou Energy & Engineering Technology Co., Ltd. (HEET) to clean contaminants from waste oils and convert it into jet fuel at a rate of 160 gallons (650 liters) per day. The project’s goal is to assess the technical feasibility and cost of producing higher volumes of biofuel. Sustainably produced biofuel, which reduces carbon emissions by 50 to 80 percent compared to petroleum through its lifecycle, is expected to play a key role in supporting aviation’s growth while meeting environmental goals. The Boeing Current Market Outlook has forecast that China will require more than 6,000 new airplanes by 2033 to meet fast-growing passenger demand for domestic and international air travel.

Aviall purchases GE Aviation’s CF34-3A & -3A2 lease engines and used material

October 22, 2014 · 342 Views

Aviall, a wholly owned subsidiary of The Boeing Company, signed an agreement with GE Aviation to become a provider of GE CF34-3A and CF34-3A2 used material and lease engines powering the Bombardier Challenger 601. The ownership transfer builds on an exclusive distributor agreement launched in 2009, where Aviall is responsible for forecasting, ordering, and delivering all genuine Original Equipment Manufacturer (OEM) replacement parts that are unique to CF34-3 engines. This agreement will leverage Aviall’s worldwide part distribution capabilities. Across the CF34 family, GE has delivered more than 6,000 engines and continuously invests in product enhancements. Today, CF34 engines are in service with more than 1,000 business jet operators and more than 200 regional jet operators.

Thales delivers flight controls on Gulfstream G650ER

October 22, 2014 · 113 Views

Thales have once again been selected by Gulfstream to deliver fly-by-wire flight control systems on the G650ER unveiled in May. This follows the unveiling of the G500 and G600 programmes on October 14th, which will also feature Thales fly-by-wire flight controls. The G650ER’s 7,5000 nautical miles range (13,890 kilometers), opens up more destination pairs than ever before for a business jet, including New York to Hong Kong or Los Angeles to Delhi. This requires flight controls that ensure superior performance and safety whilst reducing weight and optimising volume, therefore reducing fuel consumption. All Thales designed flight controls on Gulfstream jets have been designed specifically with these goals in mind.

Lufthansa will outsource all of the Group’s IT infrastructure services to IBM

October 22, 2014 · 376 Views

Deutsche Lufthansa AG reported that in the course of realigning the Group’s IT activities, it will be entering into a long-term IT partnership shortly. According to the terms to be agreed, Lufthansa will outsource all of the Group’s IT infrastructure services to IBM. The IT group is also expected to take over the Infrastructure division of the current Lufthansa Systems AG. The outsourcing agreement is to have a term of 7 years. It will enable Lufthansa to benefit from a permanent reduction of IT infrastructure costs by average approximately €70m annually. An offer to this effect has been submitted and is now subject to final negotiations. In connection with this transaction, Lufthansa will incur €240m in one-time charges due to restructuring and effects from the purchase price in the financial year 2014. This impact will not be recognized in the operating result, which is relevant for the financial guidance, but in the IFRS net result of the Lufthansa Group and the HGB (local GAAP) result of Deutsche Lufthansa AG. The plan is to split Lufthansa Systems into three companies and to sell the Infrastructure division as part of the outsourcing process. The Airline Solutions and Industry Solutions divisions of the Lufthansa IT subsidiary are to operate as independent companies in their respective markets in the future. The agreements will be subject to the approval of the Lufthansa Supervisory Board and the antitrust authorities. Execution will also require the timely and successful conclusion of the social compensation plan and the reconciliation of interests. According on the current status of the negotiations, the new partner is expected to take on all approximately 1,400 employees of the Infrastructure division. The Kelsterbach and Budapest sites are to be retained. Clear commitments have also been made regarding the preservation of the jobs at the other sites. The split-up of Lufthansa Systems and formal launch of the new companies are due to take place in the first quarter of 2015. The completion of the Infrastructure sale is planned for March 31, 2015.

Vector Aerospace signs multiple new service agreements

October 22, 2014 · 110 Views

Vector Aerospace Engine Services – Atlantic, (ES-A) has renewed its Network Services Agreement with Turboprop East, based in North Adams, Massachusetts, United States. ES-A will provide Turboprop East with comprehensive engine repair and overhaul support for the Pratt & Whitney Canada (P&WC) PT6A and JT15D series engines from its P&WC Distributor and Designated Overhaul Facility (DDOF) located in Summerside, Prince Edward Island, Canada.

ES-A signed an Engine Services Agreement with Aerway Leasing based in Waterford, Wisconsin, United States, at the NBAA Convention in Orlando, Florida. The services agreement calls for ES-A to provide Aerway Leasing, with engine repair and overhaul support for the Pratt & Whitney Canada (P&WC) PW100 series engines.

ES-A also renewed its Engine Service Agreement with Gander Aerospace Manufacturing/Evas Air based in Gander, Newfoundland, Canada. As per the terms of the exclusive agreement, ES-A provides Gander Aerospace Manufacturing/Evas Air with fixed-wing aircraft engine repair and overhaul support from its facility located in Summerside.

5 new airports and three new railways systems get the seal of approval in China

October 22, 2014 · 117 Views

In line with projections that China will be needing some 6,000 new airplanes by 2033, news has broken that permission has been given for the creation of five new airports across the country. Both the creation of these new airports and necessity for new aircraft comes partly from the increase in demand for domestic flight services, and partly through the country’s aim to give the economy a bit of a push during a sluggish time. It is no secret that China’s economy has slowed down considerably, though curiously it is not through a lack of money available for investment. It would appear to be a case that medium sized businesses – one of the key borrowers – are just not expanding their businesses in a time of uncertainty. It is, to a degree, a vicious circle.
However the central bank injected 500 billion yuan ($81 billion) in September into China’s five major state-owned banks, based on information provided by a senior banking executive. The move was made with the intention of channelling money into areas that the government deems important, of which airports would seem to fit, along with general transport infrastructure. The news was in fact not solely about airports but also involved three major rail projects receiving approval too. As for the five airports, these will include one each in the north western-provinces of Qinghai and Inner Mongolia, one each in the south-western provinces of Yunnan and Guizhou, and one in the north-eastern province of Jilin. All in all the cost for the development of the five airports and three railway systems is estimated at CNY150 billion yuan (USD$ 24.5 billion).
Environmentalists who are concerned about the growth of the world’s second largest economy and potential harm being done to the environment may be heartened with the fact that China’s Premier Li Keqiang recently guaranteed to implement major investment projects in information networks, water conservancy and environmental protection to support the economy. This aligns itself well with the fact that Boeing and Commercial Aircraft Corp. of China (COMAC) now estimate waste cooking oil, or ‘gutter oil’ as it is known, could be capable of providing 500 million gallons (1.8 billion liters) of aviation-grade fuel per annum. This would be capable of reducing carbon emissions by 50 to 80 percent compared to petroleum through its lifecycle and is expected to play an additional key role in supporting aviation’s growth while meeting environmental goals.