Wednesday, July 17, 2013
AviTrader Daily Aviation News Alert
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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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
July 15, 2013 · 30 Views
GA Innovation China announced that it successfully passed its audit by SAI Global, and its quality system is accredited and able to operate to AS9120, the highest level of organizational and quality assurance certification standard available for aerospace companies. Based on ISO 9001, AS9120 includes additional aerospace-specific requirements that are identified within the body of the standard. This new standard enables organizations to easily identify where core aerospace requirements exist within ISO 9001. AS9120 requires control of “key characteristics” as identified internally within the company or externally by a customer. AS9120 is based on AS9100 and adds specific requirements that are relevant for stockists or pass-through distributors in the aerospace industry. This standard is applicable for organizations that resell, distribute, and warehouse parts found in aircraft and other aerospace components.
July 15, 2013 · 20 Views
Pentagon 2000 Software, and Airkenya Express have completed a successful implementation of the Pentagon 2000SQL aviation software system. Based out of Nairobi, Kenya, Airkenya Express is one of Africa’s leading aerospace companies. Pentagon 2000 Software was chosen to provide an integrated software solution that includes functionality for Fleet Management, Flight Operations, Aircraft Recordkeeping, Aircraft Heavy Maintenance, Component Repairs, and Materials Management.
July 15, 2013 · 33 Views
DVB Bank was the exclusive financial advisor to Marubeni Corporation (Marubeni), in a landmark transaction for the acquisition of 15.25% stake in Aircastle Limited (Aircastle) for US$209m, through issuance of new shares. The transaction was announced on 6 June 2013 and closed on 12 July 2013 after having received regulatory approvals from the US and Germany. DVB Bank advised Marubeni on the evaluation and execution of the transaction with Aircastle. In connection with the transaction, Aircastle and Marubeni also entered into a shareholder agreement where Marubeni has the right to designate two directors for appointment to Aircastle’s board of directors. The shareholder agreement also contains certain provisions relating to Marubeni’s and its affiliates’ ability to transfer and acquire Aircastle’s securities.
July 15, 2013 · 17 Views
Due to increased demand for consultation in the areas of market access / market strategies, supply chain problems, preparation of trade fairs, training of directors and supervisory boards and especially concerning the middle class of German air, space and defense industries, Aero Placement has introduced these projects to a separate company. It reacts to, among other recently published studies and SME concepts that have arisen in various European and national Associations and calling for greater support of the middle class: The day-to-day business barely had time for:
– The inauguration of new and particularly international customer
– The ideal use of existing or to be developed financing instruments
– Sustainable improvements of the supplier management
What is missing is a network, which includes international service potential – also informally available – that could convey these companies. With a lot of international experience and good networks, supported by various industry experts, Aero Place wants to better service the individual needs of its clients, which the association due to their conceptual formulation aren’t able to adequately meet. Our goal is to support small and medium sized businesses that don’t have their own strategy department or do not have the possibility to hire expensive consulting firms. Aero Place is a platform with practical, actionable and affordable services with suited industry experts. We focus on the sustainability of supported and individual success.
July 15, 2013 · 24 Views
AJW Aviation has completed the part-out of an A319, MSN 1066, purchased from Latin American airline Avianca. The 850 parts recovered have already been certified and fed into the AJW inventory reserves for sale, exchange and loan.
July 15, 2013 · 20 Views
Constant Aviation, a Directional Aviation Capital company offering full-service maintenance capabilities with a nationwide network, announced that their parts distribution division, CARE, became Dedicated Purchasing Agents for their 20th customer. “Our 24/7 dedicated purchasing agents provide a one-stop solution for customers parts needs. The team has the ability to source every part the customers needs in a timely manner and at a lower cost than sourcing on their own. The CARE team takes a very different approach to parts sales; we sell a service not just a part. We offer world-class customer service from the time of sale to the delivery to the customer. The CARE team provides real time tracking on all orders and each customer is assigned a dedicated expeditor for their purchase,” said Dana Seese, Program Manager Constant Aviation Rotable Exchange.
July 15, 2013 · 16 Views
US Airways Group released that its shareholders approved the merger agreement with AMR Corporation (AAMRQ), the parent company of American Airlines. The merger agreement was approved by the affirmative vote of the holders of a majority of the outstanding shares of US Airways stock, which represented over 99% of the votes cast by US Airways shareholders on the proposal. Of the 132,788,060 shares voted, 132,273,780 shares voted in favor of the proposal; 257,757 shares voted against; and 256,523 abstained. Shareholders also approved other proposals related to the merger. As previously announced, AMR and US Airways agreed to combine to create the new American Airlines, a premier global carrier. Headquartered in Dallas-Fort Worth, the new American Airlines will become a highly competitive alternative for consumers to other global carriers and is expected to offer more than 6,700 daily flights to 336 destinations in 56 countries. The combined airline will offer customers more choices and increased service across a larger worldwide network and through an enhanced oneworld® Alliance. Together, American Airlines and US Airways are expected to operate a mainline fleet of almost 950 aircraft and employ more than 100,000 team members worldwide. The merger is subject to regulatory approvals, other customary closing conditions and confirmation of AMR’s Plan of Reorganization by the U.S. Bankruptcy Court for the Southern District of New York. The companies continue to expect to complete the combination in the third quarter of 2013.
July 15, 2013 · 19 Views
During the second quarter of 2013, Embraer delivered 22 jets to the commercial aviation market and 29 to the executive aviation market, for a total of 51 aircraft. On June 30, 2013, the firm order backlog totaled US$17.1bn, an increase of US$3.8 bn over the first quarter, reaching the Company’s highest backlog value since the third quarter of 2009.
July 15, 2013 · 19 Views
AgustaWestland delivered a GrandNew light twin helicopter to Eichsfeld Air Gmbh of Germany. Based in Berlin, this aircraft will enable Eichsfeld Air to resume its rotorcraft operations, performing missions across Germany as well as to the UK and Switzerland. The helicopter will also be operated in Cote d’Azur (France) and Sardinia (Italy) during the summer season.
July 15, 2013 · 11 Views
Macquarie Group announced the launch of Macquarie Rotorcraft Leasing, a helicopter operating leasing business that will focus on the growing, worldwide demand for commercial helicopters servicing offshore oil and gas, medical transport, search and rescue, and the executive transport markets. As part of the formation, Macquarie also announced the following executive appointments:
Jeffrey Pino has been appointed Chief Executive Officer, Mr. Pino is a 35-year veteran of the helicopter business and most recently served as President of Sikorsky Aircraft Corporation.
James Clarke joins as Chief Operating Officer. Mr. Clarke has spent his career in the aviation finance and leasing space, and most recently served as Chief Financial Officer of Air Lease Corporation.
Steve Estill will serve as Chief Marketing Officer. Mr. Estill has held marketing and sales positions at Bell Helicopter, Textron and Sikorsky Aircraft Corporation.
Greg A’slinger has been named Chief Technical Officer. Mr. A’slinger is the former owner of Uniflight Inc., an authorized Bell Helicopter and Eurocopter customer service facility.
July 16, 2013 · 14 Views
Air China has its Airbus fleet fitted with in-flight Wi-Fi system by Ameco Beijing. The company has recently returned its second modified aircraft to the customer on schedule. Being authorized by CAAC and EASA, Ameco now is capable of in-flight Wi-Fi installation on Air China fleet with the key technique in Electromagnetic Interference/Electromagnetic Compatibility (EMI/EMC) test. With the in-flight Wi-Fi system, passengers can use their own portable electronic devices, such as laptop computers and personal digital assistants, during flight. It enables internet access, mail, Wi-Fi chat as well as the cabin-wide HD video streaming in wide-body aircraft for more than 300 passengers. Ameco has started to provide the in-flight Wi-Fi installation on Air China’s A330-200 wide-body fleet as a complete upgrade of the current system. Besides, modification on Air China’s Boeing 777 fleet will start soon in early 2014.
July 16, 2013 · 17 Views
Flying Colours Corp., the Ontario, Canada-based aviation company has been granted a Supplemental Type Certificate (STC) by the European Aviation Safety Agency (EASA) for its new CRJ ExecLiner Corporate Shuttle programme. The STC, which was confirmed in June 2013, covers the interior modifications for the CRJ ExecLiner Shuttle format developed internally by Flying Colours Corp. This latest interior is designed to accommodate 16 passengers in a spacious business class environment. Some available interior options include coloured LED mood lighting, high speed data & wifi solutions, IFE installations, and updated galley & lavatory designs. This latest EASA STC complements the STC awarded by Transport Canada for this specific shuttle conversion in 2012 and the Federal Aviation Association (FAA) will confirm its STC approval in the near future. Flying Colours Corp is already working on nine Corporate Shuttle ExecLiners for three undisclosed international clients. Until now Flying Colours Corp. has focused solely on business jet completion and refurbishment but is receiving increased interest in its Corporate Shuttle offering from long standing owners and international operators.
July 16, 2013 · 20 Views
Republic Airways has entered into an agreement with an affiliate of the Brazilian Development Bank (BNDES) for the financing of 47 Embraer E175 aircraft. The aircraft will provide service under the terms of the capacity purchase agreement (CPA) with American Airlines announced in January and will fly under the American Eagle brand.
July 16, 2013 · 10 Views
The A350 XWB MSN1 has performed well during the first 92 flight test hours already achieved since its maiden flight on June 14th 2013. The A350 XWB flight test campaign will total around 2,500 flight hours with a fleet of five development aircraft. During the first four weeks of the flight test campaign, ten Airbus experimental test pilots have flown MSN1 and have collectively put the aircraft through its paces to get to know its handling qualities and behaviour. This early phase of test flights has resulted in the clearance of the entire flight envelope and initial testing of all key systems. These include: engines, electrics, Ram Air Turbine (RAT), landing gear and braking, fuel and cabin pressurization as well as a preliminary assessment of the autopilot and auto-land functions. The A350 MSN1 will now undergo routine maintenance and upgrades of its flight test installation to ready it for the second phase of the flight test campaign which will start in August, while the design office will analyse the results of these initial flight tests. Entry into commercial service of the first customer aircraft is scheduled for the second half of 2014. To date, Airbus has recorded 678 firm orders for the A350 XWB from 34 customers worldwide.
July 16, 2013 · 14 Views
Boeing and Silk Way Airlines, a cargo carrier based in Baku, Azerbaijan, announced an order for two Boeing 747-8 Freighters valued at $704 m at current list prices. Silk Way Airlines currently operates Boeing 747-400 Freighters and 767-300 Freighters. It is considered as one of the leading cargo airlines in Central Asia providing full-fledged services to Europe and the United Kingdom and the Middle East, as well as the Far East including Korea, China and Hong Kong. In addition, it also serves international destinations through a network of alliances.
July 16, 2013 · 16 Views
Eurocopter has successfully demonstrated new landing procedures relying on augmented satellite guidance that can be tailored to more completely comply with the local environmental requirements. These new landing procedures were validated with a twin-engine Eurocopter EC155 during flight tests performed as part of the company’s participation in the Green Rotorcraft Integrated Technology Demonstrator program – which is part of Europe’s Clean Sky Joint Technology Initiative. Eurocopter’s validation flights demonstrated significant reductions in the helicopter’s perceived sound footprint – consistent with predictions. They also confirmed that such automated low-noise approaches could be tailored to local environmental requirements, thereby optimizing Eurocopter helicopter operations for even the most sensitive environments. The flight testing involved the use of optimized noise abatement flight paths compatible with Instrument Flight Rules (IFR) operations. During the EC155’s landing approaches, vertical guidance was provided by EGNOS, the European Satellite-Based Augmentation System (SBAS), with the helicopter’s Flight Management System (FMS) coupled to the Automatic Flight Control System (AFCS). This enabled the new approach profiles to be flown accurately, minimizing the pilot workload with an automatic monitoring of speed profiles and ascent/descent rates.
July 16, 2013 · 22 Views
AAR announced a six-year extension of an agreement to provide supply chain services for Mesa Air Group, regional jets. The extension, which continues through 2021, covers maintenance and repair services for the Phoenix-based regional airline’s existing fleet of CRJ 700/900, as well as nine additional aircraft. The original contract was awarded to AAR in August 2005. With this extended agreement, AAR will continue providing Mesa component support services, including guaranteed fill-rates at its six largest line stations, component repair and logistics services.
July 16, 2013 · 13 Views
Spairliners GmbH has named Sven-Uve Hueschler as new Managing and Financial Director. He assumed his role on July 1st and took over the responsibility of former Managing Director/CFO Andre Schulte-Bisping. Sven-Uve Hueschler has been with Lufthansa Technik AG for seven years and was previously in the position of Head of Business Development of the Product Division Aircraft Component Services.