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Wednesday, October 02, 2013

AviTrader Daily Aviation News Alert

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Emirates reject Delta’s apology regarding Anderson’s 9/11 comments

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.


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

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.


Design flaws led to 787 battery fire

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.


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

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.


Air France-KLM selects GEnx engines for Boeing 787 fleet

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.


ILFC closes $1.5bn senior secured term loan

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.


Airbus Commercial reports another year of financial improvement

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).


Boeing Commercial Airplanes reports full year revenue of $53bn

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.


A350 XWB in Bolivia for high altitude testing

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.


Firefly welcomes first ATR 72-600

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.


GE’s Passport engine begins first full engine test

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.


Rolls-Royce wins order from CIT to power 23 aircraft

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.


SES expands portfolio with $375m LEAP engine purchase

September 30, 2013 · 6 Views

Shannon Engine Support (SES) is expanding its extensive spare engine portfolio with the addition of a mix of 29 LEAP-1A/-1B engines, scheduled to begin delivery in 2016. The order is valued at more than $375m U.S. at list price. SES is the largest lessor of CFM56 and LEAP spare engines in the world. The company currently manages the CFM56 engine lease pool for the product support organization and will provide the same support for the LEAP engine family. Both CFM56 and LEAP engines are products of CFM International, a 50/50 joint company between Snecma (Safran) and GE.


Aircell introduces new In-Flight Connectivity equipment package for Gogo Biz

September 30, 2013 · 11 Views

Aircell, a leading provider of in-flight connectivity equipment and services for the business aviation market and a division of Gogo, announced the ATG 2000, a new equipment package that provides Gogo Biz in-flight Internet and voice service for the business aviation market. Joining the existing family of Gogo Biz equipment packages, the ATG 2000 is designed to effectively and affordably provide Internet and voice services aboard aircraft with fewer users and/or lighter passenger loads, such as light jets and turboprops. Aircell also announced Travel Management Company (TMC) as the launch customer for the ATG 2000. TMC is adding the system to its entire light jet charter fleet. Once installations are complete next month, Gogo Biz service will be available aboard the entire TMC charter fleet – nearly 70 aircraft in total.


AJW Aviation signs A320 repair management PBH contract with Allegiant Air

September 30, 2013 · 21 Views

AJW Aviation has signed a three year repair management power-by-the-hour agreement with Las Vegas based airline, Allegiant Air. The comprehensive support contract is for Allegiant’s new fleet of A320 family aircraft, three of which have already been delivered. Significant fleet growth is planned as this highly successful, low-cost airline increases routes and frequencies across the United States.


Constant Aviation completes Wi-Fi Supplemental Type Certificate

September 30, 2013 · 13 Views

Constant Aviation, a Directional Aviation Capital company offering full-service maintenance capabilities with a nationwide network, completed the Supplemental Type Certificate (STC) for the Wi-Fi system along with Aircell’s Gogo Biz In-flight Internet system in a Boeing 737-200. Constant Aviation has also completed Supplemental Type Certificate’s (STC) for the installation of Aircell’s Gogo Biz In-flight Internet System including Wi-Fi in the Gulfstream IV, Legacy 600, EMB135 Shuttle, EMB135LR, Phenom 300, Hawker 800A/XP/850XP/900XP, Citation X and Beechjet 400A/XP.


Boeing delivers first Next-Generation 737-900ER to Delta Air Lines

September 30, 2013 · 7 Views

Boeing (BA) and Delta Air Lines celebrated the delivery of the carrier’s first Next-Generation 737-900ER (Extended Range). The delivery is part of Delta’s 100-airplane order placed in 2011 to renew its single-aisle fleet with more fuel-efficient airplanes. The Boeing 737-900ER is the newest member of the Next-Generation 737 airplane family. It has the highest capacity and lowest seat-mile cost of Boeing’s single-aisle family. The 737-900ER will fit seamlessly into Delta’s existing fleet of 737-700 and 737-800 airplanes, allowing Delta to efficiently match capacity to market demand with industry leading economics.


SAS completes sale of Widerøe

September 30, 2013

SAS reported that an agreement has been signed to sell 80% of the shares in Widerøe’s Flyveselskap AS (Widerøe) to an investment group consisting of Torghatten ASA, Fjord1 AS and Nordland Fylkeskommune. The transaction was expected to be completed during September 2013. SAS has now transferred 80% of the shares in Widerøe to the investment group. The total transaction proceeds amount to approximately SEK 2bn, including aircraft related transactions, which will reduce SAS’ net debt by a corresponding amount. Approximately half of the total transaction proceeds are strengthening SAS’ cash and cash equivalent position. In addition, the transaction will reduce the previously announced negative effect on SAS’ shareholders’ equity from amended reporting rules for pensions by approximately SEK 1bn. SAS will divest the remaining shares in Widerøe during 2016.


Alaska Airlines orders five Boeing Next Generation 737-900ER aircraft

September 30, 2013 · 7 Views

Alaska Airlines and Boeing announced that the carrier is exercising options to purchase five Boeing 737-900ER (extended range) aircraft. The five new aircraft are worth $481m at Boeing’s current list price. Two of the aircraft will arrive in 2015 followed by two more in 2016 and one in 2017. This order supplements the 31 aircraft on firm order for delivery by the end of 2017. Alaska Airlines expects to have 134 Boeing 737s in its fleet by the end of 2014.


American Airlines to recruit and hire approximately 1,500 pilots over next five years

September 30, 2013 · 12 Views

American Airlines is beginning the process to recruit and hire approximately 1,500 new pilots over the next five years, American’s largest pilot hiring in more than a decade. American will open the job posting Oct. 1, with the first new-hire class expected to begin training this winter. American’s ability to welcome new pilots is a result of its broad fleet renewal efforts that include taking delivery of new single-aisle Airbus aircraft and a mix of narrowbody and widebody Boeing aircraft, an expansion of flying to international destinations important to customers, projected pilot retirements and the Federal Aviation Administration’s new rest and duty time rules that come into effect in 2014. This latest news reflects the measureable progress and momentum the airline has achieved through its restructuring, along with its strengthened financial position.


Air Namibia takes delivery of first Airbus A330

September 30, 2013 · 13 Views

Air Namibia, the Windhoek based national airline of the Republic of Namibia, has taken delivery of its first A330-200 from Airbus at a ceremony in Toulouse, France. The aircraft is the first of two A330s being leased by Air Namibia from US lessor Intrepid. The airline’s A330 features a two-class cabin layout seating 244 passengers which comprises 30 business class seats and 214 economy class seats. Air Namibia started commercial services with its first Airbus aircraft in 2006 with an A340-300. The airline currently operates four A319s on regional routes, as well as two A340-300s on its flagship service from Windhoek to Frankfurt.


Airbus Military celebrates first A400M delivery to French Air Force

September 30, 2013 · 14 Views

Airbus Military delivered the first production A400M new generation airlifter to the French Air Force, at a ceremony at the Airbus Military Final Assembly Line (FAL) at Seville, Spain on September 30th. The aircraft, the first of 50 ordered by France and of a total of 174 on order, will be based at Orleans – Bricy Air Base and initially used for training before being deployed on military and humanitarian missions.


Precision Aviation Group expands use of the Pentagon 2000SQL System

October 1, 2013 · 30 Views

Precision Aviation Group of companies has scaled up operations further with the Pentagon 2000SQL system. Additional company operations have been added seamlessly under the system with minimal additional setup and implementation activities required. Chad Lemke, Vice President at PAG, commented that “Pentagon 2000SQL has proven to be a very powerful yet flexible part of our infrastructure. We have been able to support the growth of the business in a very seamless and non-disruptive way. Our initial investment has been leveraged throughout our expansion, so adding additional company operations to the system has been quick and very cost effective”.


Garuda, ATR and NAC sign agreement to introduce 35 ATR 72-600s in Indonesia

October 1, 2013 · 32 Views

The European manufacturer of turboprop aircraft ATR, Indonesia’s national airline Garuda Indonesia and the Danish leasing firm Nordic Aviation Capital (NAC) announced an agreement for the introduction of 35 new ATR 72-600 aircraft into Garuda’s fleet. This new deal for 35 ATRs, involving NAC as lessor for Garuda, includes orders for 25 firm aircraft and options for further 10. The order, including the options, is valued at over $840m. The arrival of these new ATR 72-600s will start in November 2013. The aircraft will be configured with 70 seats, and will feature the “Armonia” cabin, giving the ATR ‘-600s’ the highest standards of comfort in a regional aircraft. The aircraft will be used for the development of both tourism and business throughout the Indonesian archipelago as well as to feed Garuda Indonesia’s main hubs.


Commsoft signs new 5 year OASES contract with Blue Air

October 1, 2013 · 21 Views

Commsoft, a leader in aviation engineering and maintenance systems, has signed a new five-year contract with Blue Air AMS, the Romanian low-cost airline, for the continued use of Commsoft’s OASES MRO IT system. Originally founded in 2004, Blue Air was the first Romanian airline to be launched with 100% Romanian private equity and its business was acquired recently by Airline Management Solutions. The business assets of the old company have now been formally transferred to the new owners and the newly-named airline has been awarded an Air Operations Certificate by the Romanian CAA. An OASES user since 2006, Blue Air AMS plans to migrate to the latest AMP and AD/SB software early in 2014 for the on-going maintenance of its current fleet of Boeing 737s, including one 737-300, one 737-500 and four 737-400s. The airline will be supported in its upgrade by Commsoft’s own Bucharest-based implementation team.


BOC Aviation places six A321 aircraft with EVA Airways

October 1, 2013 · 12 Views

BOC Aviation placed six Airbus A321 aircraft with EVA Airways, for delivery between March and August 2015. EVA Air has signed the leases as it renews its narrow-body fleet to expand its regional routes. The aircraft will be equipped with CFM engines.


Euravia Engineering and Greenwich Aerogroup create united states based partnership

October 1, 2013 · 24 Views

Euravia Engineering and Greenwich AeroGroup entered into a partnership agreement to provide Maintenance, Repair and Overhaul (MRO) services for Pratt & Whitney’s PT6A and PT6T engines on fixed and rotor wing aircraft in the United States. According to the agreement, Greenwich AeroGroup will provide through its MRO’s (Atlantic Aero in Greensboro N.C., Summit Aviation in Middletown, Del., and Western Aircraft in Boise, Idaho) engine inventory and component storage, logistics and distribution services across the U.S. as well as logistical facilities for shipments to and from the U.S. to the United Kingdom.


Southwest Airlines breaks ground at Houston Hobby

October 1, 2013 · 23 Views

Southwest Airlines (LUV) broke ground Monday, September 30th, on a new international terminal at William P. Hobby Airport (HOU), marking the official start of construction on the $156m project. Once completed, the five-gate facility will accommodate regional international flights for Southwest Airlines, with service reaching destinations in the Caribbean, Mexico, and the northern cities of South America.


Republic Airways Holdings to sell Frontier Airlines to Indigo Partners

October 1, 2013 · 20 Views

Republic Airways Holdings has entered into a definitive agreement to sell Frontier Airlines to an affiliate of Indigo Partners in an all-cash transaction. Indigo Partners and its principals, led by managing partner William A. Franke, have a history of investing in airline transportation and related industries and creating successful, differentiated companies. Under the terms of the stock purchase agreement, which has been approved by Republic’s Board of Directors, the buyer, an affiliate of Indigo Partners, will acquire all the outstanding shares of Frontier Airlines Holdings in a transaction valued at approximately $145m, of which $36m (subject to certain adjustments under the purchase agreement) is to be paid in cash for the equity of Frontier Holdings and the balance is indebtedness that will be retained by Frontier. In addition, Indigo plans to invest additional funds directly in Frontier after the closing. As part of the transaction, under a separate agreement, Republic will assign to Frontier all of Republic’s rights under agreements relating to the Republic’s Airbus A320neo order in exchange for reimbursement of pre-delivery deposits, which total $32m.


Astronics announces acquisition of AeroSat

October 1, 2013 · 15 Views

Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, has acquired certain assets and liabilities from AeroSat Corporation, a supplier of aircraft antenna systems, for $12m in cash, plus the potential for an earn out. Astronics expects the earnout will be between $5 and $20m. AeroSat designs and manufactures fuselage and tail-mounted antenna systems for commercial transport, business jet, and military aircraft customers around the world. Its antenna systems are typically used to enable satellite and ground-based communication to aircraft, commonly for broadband and TV applications. AeroSat is currently involved in a range of FAA certification efforts with Gogo Inc. for Ku Band send/receive satellite antennas intended for Gogo’s international airline customers.


Bombardier Aerospace breaks ground on new Moroccan manufacturing facility

October 1, 2013 · 32 Views

Bombardier Aerospace celebrated the opening of the Midparc Casablanca Free Zone, in Nouaceur, with a symbolic groundbreaking on the site of the future Bombardier manufacturing facility. In January 2013 Bombardier began operating out of a transitional facility located at the Mohammed V International Airport in Nouaceur in the Greater Casablanca region, where the company is currently producing simple structures including flight controls for the CRJ Series aircraft, and will employ over 100 workers by the end of December 2013. Construction of Bombardier’s 150 000 ft² permanent facility began earlier in September 2013, and is scheduled to be completed around mid-2014. Bombardier Aerospace intends to invest approximately $200m in equipment, buildings and start-up costs. By the end of 2020, employment at the Morocco facility is expected to reach 850 skilled and trained workers.


City of Nagoya orders Eurocopter AS365 N3+ Dauphin for firefighting and rescue services

October 1, 2013 · 16 Views

Eurocopter Japan has signed a contract to supply Nagoya with an AS365 N3+ Dauphin for operation by the Nagoya City Fire Bureau, as an upgrade for the service’s existing helicopter resources. Delivery of this new rotorcraft is planned in 2015 to the Pacific Coast city of Japan, which is the country’s fourth most populous urban area.