Tuesday, June 18, 2013
AviTrader Daily Aviation News Alert
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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.
June 17, 2013 · 12 Views
Doric’s shareholders have expanded Doric’s existing business with the launch of Doric Lease Corp (“DLC”), an operating lessor company based in Dublin, Ireland. DLC will focus its activities in the widebody aircraft leasing sector acting in a principal investment capacity. DLC’s strategic business focus will include aircraft acquisitions, sale and leaseback transactions, and arranging of discrete aircraft investments for companies such as those listed on the London Stock Exchange. Doric remains focused on its fund management business for transportation, energy and real estate assets. Mark Lapidus has been appointed as the Chief Executive Officer of DLC, with Sibylle Paehler joining the board of Doric. Paul Kent will become the Chief Commercial Officer of DLC.
June 17, 2013 · 28 Views
Air Kasaï, the Democratic Republic of the Congo-based airline, has selected Sabena technics for the component support of its first ATR72-200.Within the scope of this contract, Sabena technics will provide Air Kasaï with component support, pool access, implementation of a Main Base Kit as well as Continuous Airworthiness Management. In the coming months, Air Kasaï plans on adding an additional ATR to its fleet.
June 17, 2013 · 23 Views
Air Corsica has signed a support contract with AFI KLM E&M covering the single A320 aircraft the Corsica-based carrier currently leases from Air France. The agreement includes component support with pool access, engineering services and repairs on a flight hour basis. AFI KLM E&M will also provide wheel and tire support, together with overhaul and repairs to its CFM56-5B engines.
June 17, 2013 · 24 Views
Xiamen Airlines signed a Letter of Intent (LOI) with GE Aviation to select GEnx-1B engines to power its six Boeing 787 Dreamliners. The LOI also includes a 10-year OnPoint solution agreement for GE to provide maintenance, repair and overhaul of the airline’s GEnx fleet. The list price of the engine order and the OnPoint solution agreement are valued at more than $560m over the life of the engines. Delivery of the aircraft will begin next year.
June 17, 2013 · 16 Views
Azul added 43 CF34-10E engines to its existing 15-year OnPointSM solution services agreement with GE Aviation covering the maintenance, repair and overhaul of 190 CF34 engines powering its EMBRAER E190 aircraft.
Air Canada has committed to a 5-year OnPoint solution agreement for a firm fixed price on time and material to repair and overhaul its CF34-8E engines that power its EMBRAER 175 aircraft. Air Canada operates a large GE and CFM56 powered fleet including CF34-powered Embraer E175/190s and Bombardier CRJ 200/705s, GE90-powered Boeing 777s, CF6-powered Boeing 767s and CFM56-powered Airbus A320s. Air Canada has an order for GEnx-powered Boeing 787 Dreamliners.
June 17, 2013 · 15 Views
Apollo Aviation Group, an international full service aviation asset manager, has contracted to acquire flight equipment valued at more than $220m in the first five months of 2013, including two A320 CEO family aircraft, one A330-200, one A330-300, seven B737NGs, and seven engines. Ten of these aircraft are on lease to airlines in Asia, Europe and North America. As of May 31, 2013, Apollo Aviation managed a total of 76 leased aircraft and engines. The acquisitions are all being made on behalf of SASOF II, which is an investment fund with approximately $595m in capital commitments that seeks to acquire mid-life in-production aircraft models for lease or immediate disassembly and resale of the systems, components and parts. SASOF II is managed by wholly-owned subsidiaries of Apollo Aviation. As of May 31, 2013, SASOF II had committed to acquire a further 25 aircraft and ten engines.
June 17, 2013 · 26 Views
Private air charter operator, SaxonAir Charter has chosen AeroTrac Aviation MRO Process Control software from TracWare, to complement their continuing airworthiness management functions and future Part-145 maintenance activities. Saxon Air’s primary criteria for choosing AeroTrac was the savings to be made in both cost and time by streamlining the technical, logistical, commercial and financial business processes. The software package, v.2.40 Premium Plus, integrates all transactions so that any data added in one specific screen is shared and utilized in other areas of the business leading to greater consistency and a regimented, disciplined approach in performing day to day tasks.
June 17, 2013 · 12 Views
CFM International has successfully completed testing of the third build of the advanced eCore Demonstrator program, achieving better than expected results, validating the company’s commitment to provide 15% better fuel efficiency compared to today’s best CFM56 engines. The first full LEAP-1A engine is currently in assembly and is on track to begin ground testing this fall. The engine is scheduled to begin flight testing on GE’s modified 747 flying testbed in mid-2014, followed by engine certification the following year.
June 17, 2013 · 24 Views
Capital Aviation Services (GECAS) and Boeing announced at the Paris Air Show a commitment to order 10 787-10X Dreamliners, powered with GEnx-1B engines. “We have studied the capabilities Boeing is developing for the 787-10X and anticipate strong demand from our airline customers for this airplane,” said GECAS President and CEO Norman C.T. Liu. “The 787-10X will be a perfect complement to our broad portfolio of modern, fuel-efficient aircraft offering the lowest operating costs in the market.”
June 17, 2013 · 19 Views
Rolls-Royce has completed two key milestone deliveries for the F-35 Lightning II program, as production matures for the LiftSystem, the only technology in the world capable of providing vertical-lift for 5th-generation fighter aircraft. Rolls-Royce recently delivered the 50th 3-Bearing Swivel Module (3BSM) and 40th LiftFan for F-35B aircraft manufactured by Lockheed Martin, and is on schedule for LiftSystem deliveries.
June 17, 2013 · 27 Views
Etihad Airways, the national airline of the United Arab Emirates, will advance discussions with JatAirways about an equity investment in the Serbian national carrier. An Initial Memorandum of Understanding (IMU) between Etihad Airways and the Government of Serbia was signed in Belgrade on Monday, June 17th. An investment decision would depend on the successful completion of a comprehensive due diligence process and be subject to all necessary regulatory and respective board approvals. The two airlines will now intensify discussions about collaborative efforts to further integrate their networks and help JatAirways achieve efficiencies, build revenue, and reduce costs.
June 17, 2013 · 24 Views
GE Aviation has plans to break ground this year on an advanced composite component factory near Asheville in Western North Carolina. The new 125,000-ft² facility (next to an existing GE Aviation machining plant) would produce engine components made of advanced ceramic matrix composite (CMC) materials. GE could begin hiring at the new CMC components plant as early as 2014. Within five years, the workforce at the plant would be expected to grow to more than 340 people. The new facility would be part of a larger commitment by GE Aviation to invest $195m across its North Carolina operations through 2017. GE Aviation has more than 1,300 employees in North Carolina at sites in Durham, West Jefferson, Wilmington, and Asheville. Overall, the new CMC facility, combined with plant and equipment upgrades at existing sites across North Carolina, could create 240 additional GE jobs by 2017. The workforce (290 employees) at GE Aviation’s current machining operation in Asheville would gradually transition to the CMC components plant. Over the next decade, the current machining work at the Asheville shop could be transitioned to other GE facilities. THe new CMC factory in Asheville – which would be unique in the jet propulsion industry – is subject to final approvals of incentives from the State of North Carolina.
June 17, 2013 · 19 Views
Nordic Aviation Capital is pleased to confirm that it has successfully closed a $230m loan with institutional investment funds managed by three US investors: Highbridge Principal Strategies, Athene Asset Management and Oak Hill Advisors (Europe). The investor group was led by Highbridge Principal Strategies. Nordic Aviation Capital was advised by Clifford Chance. Knight Capital acted as exclusive placement agent for the financing. The loan which has a tenure of five years is not based on security in any of the group’s assets and will further support and strengthen Nordic Aviation Capital’s position as the global leader within the regional aviation space.
June 17, 2013 · 13 Views
International Russian airline, Transaero Airlines (Moscow, Russia) awarded GA Telesis Engine Services Oy (“GATES”) an exclusive 10 year contract valued at up to $500m to provide engine repair and overhaul services for Transaero’s sixty-two (62) General Electric CF6-80C2 engines for their Boeing 767 and Boeing 747 fleets. Transaero will be GATES’ largest customer and the maintenance will be performed at the GATES MRO facilities in Helsinki, Finland. The first Transaero engine will be inducted this month. The scope of the contract includes core performance restoration & overhaul, life limited parts replacement, maintenance procedures between overhauls along with on-wing maintenance.
June 17, 2013 · 19 Views
ATK announced the award of a contract valued at more than $50m from Rolls-Royce, to produce aft fan composite cases for the new Trent XWB-97 engine. The contract has the potential to grow to more than $200m. This Rolls-Royce engine is the sole engine now available to power the Airbus A350-1000 aircraft variant. The life-of-type contract with Rolls-Royce further highlights ATK’s key role as a provider of large-scale composite components for commercial aircraft and engines. ATK has been producing aft fan cases for the Rolls-Royce Trent XWB-84 engines since 2009.
June 17, 2013 · 18 Views
UTC Aerospace Systems has been chosen by Qatar Airways to provide a comprehensive suite of nacelle maintenance, repair and overhaul (MRO) services for selected Airbus aircraft operated by the Qatari flag-carrier. The agreement for services covers Airbus A300 aircraft powered by Pratt & Whitney PW4000 engines and A320 airplanes powered by V2500 engines built by International Aero Engines. The agreement between the airline and UTC Aerospace Systems’ Aerostructures business is for ten years and covers full MRO services, including scheduled and unscheduled MRO, with asset and on-site support as required.
Virgin Atlantic Airways selected UTC Aerospace Systems to supply the wheels, carbon brakes and MRO services for its fleet of 16 new Boeing 787-9 aircraft. The company will provide the equipment through its Wheels & Brakes business in Troy, Ohio. The first aircraft is scheduled for delivery in September 2014. The 787-9 carbon brakes use proprietary DURACARB carbon heat sink material. The DURACARB carbon provides exceptional brake performance and a 35 percent brake life advantage over competitive products, producing significant cost savings for operators.
UTC Aerospace Systems recently partnered with Embraer S.A. to successfully demonstrate the next generation of electric braking system technology. The demonstration was performed under Embraer’s “More Electric Aircraft” (MEA) study assessing the benefits of the newest generation of electric braking technology that incorporates significant reductions in system weight and envelope. The test equipment included electrically actuated brakes and electro-mechanical actuator controllers. Technology experts from both companies collaborated over eighteen months to prepare for the extensive series of on-aircraft tests conducted on an Embraer 145 LR regional jet.
June 17, 2013 · 14 Views
International Lease Finance Corporation has exercised options to purchase 50 incremental A320neo Family aircraft from Airbus that were part of the agreement signed in April 2011 for 100 firm A320neo Family aircraft. Deliveries of ILFC’s NEO aircraft are expected to commence in 2015.
June 17, 2013 · 23 Views
Boeing and Tokyo-based Skymark Airlines announced the airline’s intent to select the Boeing 737 MAX as its next generation single aisle aircraft of choice, making it Japan’s first airline to do so. The announcement came on the first day of the 2013 Paris Air Show. Boeing will work closely with Skymark to finalize a firm order in the coming months.
June 17, 2013 · 25 Views
Mitsubishi Corporation has contracted with Sikorsky Aircraf, to acquire 11 S-76D helicopters for use in Search and Rescue (SAR) operations by the Japan Coast Guard (JCG). The new helicopters were ordered in three contracts that were finalized between Feb. 2012 and March 2013. The contracts are the largest series of orders to date in Asia for Sikorsky’s newest commercial product.
June 17, 2013 · 14 Views
Saint-Gobain Aerospace has signed a long-term contract with Bell Helicopter of Fort Worth, Texas, to supply nose radomes for the new Bell 525 Relentless helicopter program. The radomes will be manufactured with advanced Norton Armor materials from Saint-Gobain that provide superior radar transparency and in-flight durability. Saint-Gobain Aerospace specializes in the design, manufacture, repair and certification of high-performance aerospace composites and radomes. The Norton Armor paint system reduces maintenance costs and extends service life and is available for new products and for repairs.
June 17, 2013 · 20 Views
Embraer announced the launch of the second generation of its E-Jets family of commercial aircraft, named the E-Jets E2 and comprising three new airplanes – E175-E2, E190-E2, and E195-E2. The E190-E2 is expected to enter service in the first half of 2018. The E195-E2 is slated to enter service in 2019 and the E175-E2 in 2020. In a typical single-class layout, the E175-E2 was extended by one seat row, compared to the current generation E175, and will seat up to 88 passengers, while the E190-E2 keeps the same size as the E190, of up to 106 seats. The E195-E2, compared to the current E195, has grown three seat rows and will accommodate up to 132 seats.”Our strategy is to offer all the benefits of a clean-sheet design, but with the reliability of a mature platform and commonality with current generation E-Jets,” said Paulo Cesar Silva, President & CEO, Embraer Commercial Aviation, “We have been continually investing in the E-Jets program, so that our customers can stay competitive with aircraft that have the lowest operating costs and the highest passenger appeal, today and in the future. I’m confident that with our mature global support network, the compelling operating economics, and the benchmark cabins of the airplanes, both existing and prospective customers will recognize the benefits of the E-Jets E2.” The application of advanced technologies for engines, wings, and avionics distinguishes the E-Jets E2 by providing airlines with maximum efficiency gains and no compromises, while maintaining commonality with current E-Jets. New aerodynamically advanced, high-aspect ratio, distinctively shaped wings, improved systems and avionics, including 4th generation full fly-by-wire flight controls, and Pratt & Whitney’s PurePower Geared Turbofan high by-pass ratio engines (PW1700G on the E175-E2, PW1900G on the E190-E2 and E195-E2) will result in double-digit reductions in fuel consumption, emissions, noise and maintenance costs, and increased aircraft availability. The E-Jets E2 will be capable of achieving similar costs per seat of larger re-engined narrowbody aircraft, with significantly lower costs per trip, thus creating new opportunities for lower risk development of new markets and fleet right-sizing by airlines.
June 17, 2013 · 25 Views
Qatar Airways has signed an agreement to buy up to nine Boeing 777-300ER aircraft valued at $2.8bn at list prices, the airline said at the Paris Airshow. Two of the aircraft on firm order will be delivered in early 2014, airline Chief Executive Akbar Al-Baker said. Options for the other seven are likely to be firmed up shortly after, and the delivery schedule will be decided then, he added.
June 17, 2013 · 11 Views
ILFC signed a letter of intent, subject to final agreement, for the purchase of 50 E-Jets E2 aircraft from Embraer, including 25 E190-E2 and 25 E195-E2. The deal also includes options for an additional 50 aircraft, and marks the introduction of the E-Jets Family to the company’s diverse aircraft fleet. Deliveries of the new aircraft are expected to begin in January 2018 and complete in 2023. The E-Jets E2 are configured with new aerodynamically advanced wings, new engine, full fly-by-wire flight controls, and advancements in other systems, which will result in double-digit improvements in fuel burn, maintenance costs, emissions, and external noise.
June 17, 2013 · 20 Views
China Southern Airlines has selected Pratt & Whitney’s PW4170 Advantage70 engine to power its order of 16 Airbus A330 aircraft. The contract, which is valued at $1.29bn, also includes a 15-year Fleet Management Plan for engine maintenance.
June 17, 2013 · 19 Views
All Nippon Airways has signed an eight-year extension to its exclusive part repair agreement with Pratt & Whitney, to continue support of the airline’s fleet of Boeing 777 aircraft powered by Pratt & Whitney PW4000 engines. The repair work will be performed throughout Pratt & Whitney’s worldwide network of part repair facilities in support of ANA’s fleet of PW4074 and PW4090 engines.
June 17, 2013 · 19 Views
FLY Leasing, a global lessor of modern commercial jet aircraft, has acquired two Boeing 737-800 aircraft, both manufactured in 2013. The aircraft are on ten-year leases to leading carriers in the United States and in China. The acquisitions were financed with a combination of FLY’s unrestricted cash and its aircraft acquisition facility.
June 17, 2013 · 3 Views
AJW Technique, the new component MRO in Montréal, reaches another ground-breaking milestone in the evolutionary growth of its facility. Just seven months after acquisition AJW Technique has achieved full TCCA/FAA and EASA certification enabling the facility to fulfil the repair and overhaul requirements for 80% of ATA chapters. To complement this achievement AJW Technique has also been awarded TCCA Design Authorised Organisation (DAO) status. This will allow the facility to develop its own part-specific repair schemes in order to maximise customer satisfaction, further underpinning its commitment to lower direct maintenance costs (DMC’s) and improve quality. After a thorough TCCA audit all Avionic, Hydraulic, Pneumatic, Fuel and Instrument cells have been granted certified status. Unit repairs have already commenced for a variety of customers as AJW Technique continues to ramp up to peak flow on all product lines over the coming months.
June 17, 2013 · 25 Views
The Lufthansa Group has firmed up a previous Supervisory Board decision from March this year and signed for 100 A320 Family aircraft (35 A320neo, 35 A321neo and 30 A320ceo with Sharklets) at the Paris International Airshow in Le Bourget, France. The Lufthansa Group has been operating the A320 Family since October 1989. They were the launching customer for the A321 and belonged to the first operators of the A319 and A320. The new order confirms Lufthansa’s leading position as the largest Airbus airline customer and operator in Europe, increasing its order for the A320 type to 299. Over 150 of these aircraft have already been delivered.
June 17, 2013 · 16 Views
Doric Lease Corp has signed a Memorandum of Understanding (MoU) for the purchase of 20 A380s at the 50th Le Bourget Airshow. With this investment, Doric will offer a tailored A380 leasing solution and will make the aircraft even more accessible to both new and existing A380 operators around the world who prefer to opt for the flexibility of an operating lease. Doric already has significant experience with the A380, ranking as the third largest wide-body lessor worldwide by value, and the world’s largest asset manager of leased A380s. Doric has a six billion US$ aircraft portfolio under management, including 18 A380s acquired through sale-leaseback arrangements.
June 17, 2013 · 19 Views
Bombardier Aerospace disclosed that a previously announced firm order for 10 CS100 aircraft was placed by Odyssey Airlines, a new airline that intends to operate from London City Airport. The firm order was announced on June 24, 2011. Based on the list price for the CS100 aircraft at the time of the order, the firm order is valued at $628m.
June 17, 2013 · 23 Views
Bombardier’s Global aircraft family celebrated a significant milestone with the entry-into-service of the 500th manufactured Global business jet. The aircraft, a Global 6000 model, was delivered to Groupe Bolloré, a corporation based in France.
June 17, 2013 · 29 Views
SkyWest and Embraer signed a firm order for 100 E175-E2 aircraft, with another 100 purchase rights, bringing the total potential of the order to 200 aircraft. The announcement was made on June 17th, at a press conference at the 50th International Paris Air Show. If all the orders are exercised, the contract has an estimated value, at list price, of $9.36bn. This new contract is in addition to SkyWest’s previous order in May 2013 for up to 200 current generation E175 aircraft, and therefore the potential order of E-Jets at SkyWest may reach 400 aircraft. As the first operator to order the E175-E2, SkyWest becomes the launch customer for that aircraft, one of three E-Jets E2 models. SkyWest, of St. George, Utah, USA, is the largest regional airline group in the world. It is the parent company of SkyWest Airlines and ExpressJet Airlines, both of which have been long time operators of Embraer aircraft. More than 40 EMB 120 Brasilia turboprops continue to fly in the SkyWest Airlines network, primarily in the western states. ExpressJet Airlines operates 249 aircraft from the ERJ 145 family and has the largest ERJ fleet in the world.