Friday, October 31, 2014
AviTrader Daily Aviation News Alert
This is an overview of all articles linked within the selected daily newsletter.
Please scroll down to read the articles…
February 20, 2015 · 541 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.
February 20, 2015 · 639 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.
December 2, 2014 · 195 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.
November 5, 2014 · 162 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.
March 25, 2014 · 111 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.
March 7, 2014 · 78 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.
February 26, 2014 · 78 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).
January 29, 2014 · 74 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.
January 9, 2014 · 65 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.
July 5, 2013 · 64 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.
June 26, 2013 · 40 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.
May 22, 2013 · 53 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.
October 29, 2014 · 225 Views
Belgian operator VLM Airlines and Moscow-based aircraft lessor Ilyushin Finance (IFC) have signed a Letter of Intent that will see the airline become the first European operator of the long-range Sukhoi Superjet 100 LR (SSJ100 LR) regional aircraft. VLM Airlines has selected the SSJ100 LR to spearhead the company’s launch of regional scheduled services in 2015, with details of its route network to be announced. Under the terms of the LOI, VLM Airlines will take delivery of two SSJ100 LR aircraft in April 2015 under a 12-year operating lease, with options for two further aircraft. The deal also includes purchase rights for ten aircraft.
October 29, 2014 · 265 Views
MTU Maintenance, one of the leading engine maintenance providers, is celebrating 25 years of engine MRO on IAE’s V2500, the world’s bestselling engine powering the A320 aircraft family. MTU Maintenance’s parent company MTU Aero Engines is part of IAE with a 16% share. It has developed and manufactures various parts of the low pressure turbine. “For MTU, the V2500 has been and will continue to be our most important commercial engine program”, said Dr. Stefan Weingartner, President MTU Maintenance and member of the Executive Board at MTU Aero Engines. “Up until today, more than 6,000 V2500s have been delivered to over 200 customers around the world. The success of this engine also drives considerable revenues in our maintenance and spare parts business. We are very proud of our success and are looking forward to continue our fruitful collaboration with IAE in the future.” Simultaneously with the first V2500 entering into service in 1989, MTU Maintenance started offering overhaul services for the engine at its location in Hannover, Germany. Today, about one third of all shop visits are performed by MTU Maintenance, either in Hannover or at its facility in Zhuhai, China. MTU Maintenance thus ranks number one worldwide for MRO work on this engine type. So far, the company has handled about 3,700 shop visits and serves around 50 V2500 operators and leasing companies around the globe.
October 29, 2014 · 205 Views
Dallas Aeronautical Services (DAS) Brazil announced they are expanding into a new facility in São José dos Campos, Brazil. DAS Brazil will begin operating in the new facility starting in the first half of 2015. A subsidiary of Dallas Aeronautical Services, DAS Brazil specializes in the production, repair and overhaul of composites, structures and assemblies. DAS previously opened an office facility in the Technical Park at São José dos Campos, Universidade Vale do Paraíba (UniVap), which is used as an R&D office and for new project and contract development. The new facility, which is located outside of UniVap Technical Park, will be the actual repair station and will operate under the National Civil Aviation Agency (ANAC) of Brazil. Both projects are being supported by Invest San Paulo and UniVap. The new facility will be utilized to better serve the business aircraft market in South America and will feature two 11’x9’ paint booths, one to be utilized for sanding, the other for painting, one 9’x13’ curing oven and a 16.5’x16.5’ climate controlled modular clean room. Operating in 16,200 ft² of space, the new facility will be located in the Eldorado Centro Commercial e Industrial Business Park. Once the new facility is up and running, DAS will be hiring additional workforce locally, and then training the new employees in both Brazil and in the US.
Already known for their custom work and quick turn times, DAS completed construction of a new facility that allows for expanded capabilities and a 25% increase in employees; all in order to reach their goal of further reducing the turn times they can offer to current and potential customers. Featuring two autoclaves, two state of the art paint booths and new welding certification, DAS opened the doors to their new 50,400 ft² facility during summer 2014. Specializing in the overhaul and repair of composites, thrust reversers and inlets for corporate aircraft, DAS designed their new facility, located in Cedar Hill, TX, to be as efficient as possible. A second new 8’ x 21’ working area autoclave gives DAS increased capacity over their previous facility and allows for oversized tools that are used for larger components, such as Engine Cowls, to be run in multiple loads. In addition, parts requiring different cure temperatures can now run at the same time in separate autoclaves, increasing DAS’ efficiency and reducing turn times.
October 29, 2014 · 273 Views
Hawthorne Global Aviation Services, a leading general aviation services company, released that Thomas Auten has been named General Manager for its Atlanta FBO at Cobb County Airport (KRYY). The Atlanta facility is part of the growing network of Hawthorne FBOs located throughout the United States.
October 29, 2014 · 217 Views
Emirates Airline took delivery of the airline’s 100th 777-300ER (Extended Range), marking another milestone in a partnership that began over two decades ago when the Dubai-based airline ordered its first Boeing 777. With this delivery, Emirates will have 142 777s in operation and is the only airline in the world to operate all the 777 variants. With a current direct backlog of 51 777-300ERs, the 777 also comprises the largest part of Emirates’ 213-strong fleet.
October 29, 2014 · 257 Views
The first A350 XWB for Vietnam Airlines, to be leased from AerCap, has just moved to station 30 at the Roger Béteille Final Assembly Line (FAL) in Toulouse, France. This new milestone marks the completion of some of the major airframe assembly as well as the successful first electrical power-on. In station 30, the aircraft will now undergo ground tests, while the cabin installation initiated in the previous station (station 40) will be continued.
Airbus Defence and Space and Tata Advanced Systems bid for ndian Air Force’s Avro replacement programme
October 29, 2014 · 733 Views
Airbus Defence and Space and Tata Advanced Systems (TASL) have submitted a joint bid to replace the Indian Air Force’s fleet of Avro aircraft with the market-leading Airbus C295 medium transport. The teaming follows a detailed industrial assessment and stringent evaluation of the Indian private aerospace sector by Airbus Defence and Space, which concluded with the selection of Tata Advanced Systems as the Indian Production Agency (IPA) exclusive partner for this prestigious programme. A total of 56 Avro aircraft are to be replaced. In the event of contract award, Airbus Defence and Space will supply the first 16 aircraft in ‘fly-away’ condition from its own final assembly line. The subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems in India. This will include undertaking structural assembly, final aircraft assembly, systems integration and testing, and management of the indigenous supply chain.
October 29, 2014 · 193 Views
Heathrow Airport reported strong traffic performance with 55.7 million passengers using Heathrow, growth of 1.5% driven by intercontinental traffic. Revenue was up 8.2% to £1,986m and EBITDA up 12.4% to £1,172m. Heathrow reported the successful transition of 26 airlines to the new £2.5bn Terminal 2: The Queen’s Terminal. John Holland-Kaye, Chief Executive Officer of Heathrow, said: “Heathrow continues to deliver against key targets, with more passengers than ever choosing to use Heathrow and record passenger satisfaction numbers at the UK’s only hub airport. We successfully completed the transition of 26 airlines into Terminal 2: The Queen’s Terminal, with over 40,000 passengers enjoying the world class facility every day. With the Airports Commission launching its national consultation on airport capacity expansion imminently, Heathrow expansion is increasingly being seen as not only the best option to keep Britain at the heart of the global economy, but also as politically deliverable, with growing support from local communities, politicians and businesses across the UK.”
October 29, 2014 · 226 Views
In a matter which started nearly a year ago in November, 2013, Boeing have been cleared of unfair tactics over their dealing with an impending machinists strike over pay and benefits. Back in November 2013 the machinists, who work for Boeing in Seattle, Washington State, were presented with the prospect of a number of non-beneficial changes to their contracts, including a pension freeze and modest pay raise. A vote to accept the offer was rejected 67% to 33%. However 2 months later the unions for machinist District 75 pushed for acceptance of an offer from Boeing based on $1 billion in additional benefits beyond the prior offer, but pension contributions would stop in 2016. The deal also tied in the 31,000 machinists in the Puget Sound area who work at Boeing to an eight-year contract which cannot be renegotiated and with striking ruled out.
What lies behind the recent discussions has been the reason for the volte face of the union. At the beginning of the year over 20 complaints were received that Boeing had been using unfair tactics in order to ‘blackmail’ the machinists into accepting the most recent offer. In the simplest of terms they were advised that 22 other states were keen for Boeing to relocate there and that if the machinists wouldn’t accept the offer from Boeing, then 10,000 jobs in the area would be put in jeopardy. Boeing at the time was intending to build the 777X in Washington State, but in moving construction of the 787 Dreamliner to Carolina State, they had made it perfectly clear they were quite capable of moving construction of the 777X elsewhere too.
Despite the claims that unlawful bargaining took place, it would appear that Boeing were quite within their right to put pressure on the machinists in the way they did and, as a consequence, Boeing will now receive over $8.7 billion in state benefits to ensure that construction of the 777X remains in Washington State.
October 30, 2014 · 203 Views
BOC Aviation has priced RMB1.5bn in 4-year fixed rate senior unsecured notes (the “Notes”) at a coupon of 4.2% per annum. The Notes will close on November 5th, 2014, subject to satisfaction of customary closing conditions. The transaction was issued off BOC Aviation’s US$5bn Euro Medium Term Note Programme and was jointly arranged by BOC International and the Hongkong and Shanghai Banking Corporation Limited. The Notes are denominated in offshore Chinese RMB and will bear a fixed interest coupon of 4.2% per annum with interest payable semi-annually in arrears. BOC Aviation will apply the net proceeds to fund its new capital expenditure, for general corporate purposes and/or refinancing existing borrowings. The Notes will be listed on the SGX-ST, and will be rated BBB- by Standard & Poor’s Rating Services, and A- by Fitch Ratings.
October 30, 2014 · 95 Views
The first tail dock at Ameco’s four-bay hangar was put into service on October 14th. Now 4 stations can provide airframe overhaul with tail dock, for Boeing 747-400, 747-8, 767,777,787, A330 and A340. One Lufthansa Boeing 747 came to Ameco for D check at the same day when the first tail dock was put into service. From this October to next March, 6 Boeing 747s from Lufthansa will be layover at Ameco Beijing for D checks. In 2014 Ameco signed contracts with ACT Airlines and Air Atlanta Icelandic for Boeing 747 C-checks, KLM Royal Dutch Airlines for Boeing 747 D-check, and Austrian Airlines for 6 aircraft C-checks, including 4 Boeing 767s and 2 Boeing 777s. Ameco started to build A330 capabilities since 2012. It already performed four C-checks on 14 A330s from Air China in three years and one A330 from some 3rd-party customer.
October 30, 2014 · 98 Views
FL Technics Jets, a global provider of tailor-made maintenance, repair and overhaul services for business aviation, is delighted to announce the start of a new relationship with Rockwell Collins under which the company is being appointed as an Authorized Business and Regional Systems (BRS) Dealer. FL Technics Jets is to provide Rockwell Collins avionics sales and support solutions for various business and regional aircraft operators and MROs worldwide. According to the terms of the 4 year-long agreement, Rockwell Collins BRS has authorized FL Technics Jets to promote and sell a wide range of its products, including Pro Line 21, Pro Line 4, Venue and other avionics system solutions, in target regions. The extensive inventory range of the U.S. manufacturer covers avionics equipment for almost every type of currently operated business and regional jets, including Hawker Beechcraft, Bombardier CRJ, Bombardier Challenger and other.
October 30, 2014 · 259 Views
Airbus has selected Liebherr-Aerospace to supply their new generation of electro-pneumatic technology for the bleed air system of the A330neo program. On October 14th, both partners signed the contract in Toulouse. The new generation of electro-pneumatic bleed air system from Liebherr-Aerospace features compact, lightweight and highly reliable bleed valves as well as a pre-cooler with integrated controls. It benefits from Liebherr’s experience in bleed air systems – gained through various projects for a wide range of commercial aircraft, in particular on such Airbus aircraft as the A320neo and the A380. The system, which will bring substantial reduction in operating costs and significant increases in reliability, will be developed, qualified and manufactured in Toulouse (France) by Liebherr-Aerospace Toulouse SAS. The first A330neo is due to be delivered in 2017. Liebherr already supplies several key systems and components for the current Airbus Long Range program, e.g. high lift actuation, spoiler and rudder actuation, as well as air conditioning. The A330neo bleed contract contributes to the further consolidation of Liebherr’s partnership with Airbus.
October 30, 2014 · 814 Views
On October 29th, Alenia Aermacchi and the Slovak Defence Ministry have signed a contract for the supply of two C-27J Spartan aircraft including the relative initial logistic support and the training of pilots and maintenance personnel. The acquisition of the C-27J by the Slovak Air Force is part of the Slovak Armed Forces’ modernisation programme, of which the two new tactical transport aircraft are a first step. The contract represents the conclusion of the bid issued by the Slovak Defence Ministry and that Alenia Aermacchi had won in 2008 when the C-27J had been selected.
October 30, 2014 · 472 Views
Monarch Aircraft Engineering has gained United Arab Emirates General Civil Aviation Authority Part 147 approval. This approval compliments the EASA Part 147 approval already held by Monarch Aircraft Engineering and further demonstrates its strategic plan to grow and open up new markets. The technical training is delivered by Monarch Aircraft Engineering Training Academy (MAETA) which continues to offer comprehensive theoretical and practical training to the aviation industry, especially Boeing 787 Dreamliner training.
October 30, 2014 · 328 Views
Integrated aircraft support specialist, AJW Aviation, has partnered with Storm Aviation to further extend their total aircraft support solution that is transforming operational efficiency and cost-savings for smaller fleets and start-up airlines. Storm Aviation is EASA Part-145 and Part-147, approved. It operates line stations across Europe, Asia and the Commonwealth states and will also provide B1 and B2 engineers and line maintenance staff direct to customers. Storm’s expertise covers a broad range of commercial aircraft types from the Airbus A320 to A380, Boeing B737 to B777, and regional jets. The agreement was signed at MRO Europe in Madrid.
Triumph Group to provide wing structural components and nose wheel steering system for Gulfstream 500/600
October 30, 2014 · 294 Views
Triumph Aerostructures – Vought Aircraft Division, has been selected by Gulfstream Aerospace to build wing structural components for the G500/600 business jet. The contract is worth approximately $250.0m. Production of the structural components will be performed at the company’s facilities in Nashville, Tennessee and Los Angeles, California. In addition to the wing structural components, Triumph Actuation Systems – Connecticut has also been selected by UTC Aerospace Systems to design and build the G500/600 nose wheel steering system. The contract is worth approximately $80.0m with the design and build being performed at the company’s facilities in Bloomfield and East Lyme, Connecticut.
October 30, 2014 · 324 Views
Airbus Training Center (ATC) in Miami has integrated a new A320 full-flight simulator. Produced by FlightSafety International, provider of aviation training, simulation equipment and software, the A320 simulator received Level D qualification from the Federal Aviation Administration (FAA) and is ready to provide training on CFM and IAE engines as well as the Honeywell Flight Management Guidance Computer (FMGC). This is the Miami Training Center’s first FlightSafety simulator and complements two A330/A340 and three A320 full-flight simulators. ATCs provide a comprehensive portfolio of competencies for safe and reliable aircraft operations. To enhance its single-aisle flight training offering in Miami, the new full-flight A320 simulator is equipped with a 60-inch electric motion and electric control loading and FlightSafety’s VITAL 1100 Visual System and provides 60 x 200 degree Field of View and continuous high-resolution global satellite imagery capable of distinguishing environmental conditions experienced during all phases of flight, from taxi and takeoff to landing.
October 30, 2014 · 326 Views
Bombardier Aerospace’s revenues increased by 29% to reach $2.6bn for the three-month period ended September 30th, 2014, compared to $2.0bn for the same period last fiscal year. EBIT totalled $74m or 2.9% of revenues, for the third quarter, compared to $86m, or 4.3%, for the same period last fiscal year. EBIT before special items totalled $137 million, or 5.3% of revenues, compared to $86 million, or 4.3%, for the same period last fiscal year. Free cash flow usage amounted to $180m (including net investments to PP&E and intangible assets of $415m) for the third quarter ended September 30th, 2014, compared to a usage of $406m (including net investments to PP&E and intangible assets of $585 million) for the same period last fiscal year. Bombardier Aerospace delivered a total of 71 aircraft during the third quarter ended September 30th, 2014, compared to 45 for the same period last fiscal year, and received 76 net orders, compared to 26 for the same period last fiscal year. Bombardier Aerospace’s backlog reached a level of $37.9bn as at September 30th, 2014, compared to $37.3bn as at December 31st, 2013. As part of the new organizational structure announced on July 23rd, 2014, a workforce reduction took place over the past weeks and a restructuring charge of $63m was recorded as a special item. This workforce reduction is expected to generate approximately $200m in annual cost savings.
October 30, 2014 · 325 Views
Lufthansa Group posts nine-month operating profit of €849m and confirms projected full-year operating profit of €1bn. The Lufthansa Group remains confident of achieving its profit targets for 2014 – despite experiencing a difficult third quarter, and despite strike action eroding €170m from its earnings results. The Group expects to post an operating profit of around €1bn for the year, excluding the impact of any further strike action between now and year-end. The projection has been strengthened by favorable results for the first nine months: the Lufthansa Group achieved an operating profit of around €849m for January-to-September 2014, a €186 million improvement on the same period last year. Adjusted for non-recurring restructuring and project costs, this represents an operating profit of some €1bn for the first-nine-month period. Third-quarter operating profit amounted to €735m, up €45m on the prior-year period.
EU sanctions fail to dampen Aeroflot’s enthusiasm to launch a new low cost airline, aptly named Probeda
October 30, 2014 · 337 Views
Clearly Aeroflot have no intention of allowing political pressure from the EU to affect the company’s plans to add a new low-cost string to its bow, which it has today officially, and perhaps appropriately, named Probeda, which in Russian means ‘victory’. It was only back in August Aeroflot pulled the plug on their newly created low-cost airline, Dobrolet, as a direct consequence of sanctions placed on them by the EU. At the time Dobrolet had two planes and were looking to expand to eight by the end of the year. Sanctions came about as a result of Russia’s actions towards the Ukraine and the Crimea Peninula, actions which were exacerbated by the fact that one of the main routes of Dobrolet was from Moscow to Simferopol, the capital of the Crimea.
In view of these sanctions a number of Russian airlines have been anxious regarding further potential penalties, but none have occurred. As a result, assets have been continually transferred by Aeroflot from the defunct Dobrolet to what, until his week, was known simply as Byudzhetny Perevozchik, meaning ‘Budget Carrier’. The announcement on the 16th October of the new and alternate routes for the proposed low-cost carrier from Moscow to Surgut, Perm, Yekaterinburg, Ufa, Samara, Kazan, Volgograd, Belgorod and Tyumen has not raised eyebrows the same way the routes for Dobrolet did, and the new airline will be operating a Boeing 737-800 in a single-class layout, though its first flight date has yet to be announced. This is the fourth attempt for Russia to create a low-cost airline, with the first two companies working on the model – Sky Express and Avianova – going bankrupt in 2011, although this was for economic reasons as opposed to sanctions which have seen the failure of Dobrolet.