Tuesday, November 19, 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.
November 18, 2013 · 18 Views
Lufthansa Technik Airmotive Ireland (LTAI), the jet engine overhaul facility at Rathcoole, Co. Dublin, which employs 400 people, announced that it is to commence a process to consider closing the company, subject to consultation with employee representatives. LTAI will begin immediate negotiations with its three trade unions (TEEU, SIPTU, UNITE) and existing employee representatives. The decision follows an extensive review of operations at LTAI, in the context of declining revenues and shrinking international market opportunities. Wolfgang Mörig, Managing Director of LTAI, praised the workforce at LTAI for their contributions over the years, and expressed regret that it was now at this point. He noted the increased quality and efficiency of the new generations of aircraft engines, with reduced need for overhaul. Aer Lingus set up Airmotive Ireland in 1980. Lufthansa Technik took a 60% shareholding in 1997, and took full ownership in 1999. LTAI specializes in the repair and overhaul of CFM56-3, CFM56-7, V2500-A5 and JT9D engine types.
November 18, 2013 · 20 Views
Etihad Airways, the national airline of the United Arab Emirates, announced a firm order for 56 new Boeing wide-body aircraft, with options and purchase rights for a further 26, to support its continued global expansion. The order represents an investment of up to US$ 25.2bn at list prices, including related engines. The deal, unveiled at the Dubai Air Show, includes 25 next-generation Boeing 777X aircraft of which 17 are 777-9X and eight are 777-8X aircraft. Etihad Airways is the first airline to order the 777-8X and will be a launch customer for the aircraft which is expected to enter service around the end of the decade. The airline also ordered 30 Boeing 787-10 Dreamliners. Etihad also announced the purchase of 127 GE Aviation engines to power its 56 new Boeing aircraft. The order includes installed and spare engines, and future service support. The deal is for 57 GE9X engines which will power Etihad Airways’ 25 new Boeing 777X aircraft, 68 GEnx-1B engines for the airline’s 30 new Boeing 787-10 aircraft, and two GE90-115B engines which will be used on its new Boeing 777-200F freighter. The aircraft are scheduled for delivery from 2018.
November 18, 2013 · 17 Views
Emirates airline and OEMServices have extended their contract for the Emirates’ A380 fleet. The extended agreement will cover Emirates’ fleet of 90 A380s, and will include support of the new Supplemental Cooling System provided by Liebherr as well as the Monogram components. Since 2005, OEMServices has become a leader in component and logistics services. The company is a joint venture founded by four major OEM: Diehl Aerospace, Liebherr-Aerospace, Thales, Zodiac Aerospace. OEMServices combines OEM-component support packages on A380, A350, A330, A320, ATR and B787 aircraft, and provides OEM support and key advantages for its customers through a coordinated contractual and logistics solution.
November 18, 2013 · 15 Views
2013 is proving to be another stellar year for CFM International (CFM), with the company logging orders for more than 1,255 LEAP engines, as well as 1,172 orders for CFM56 engines through October. These orders—2,427 total engines— have a combined value of $25.7bn at list price, including commercial, military, and spare engines. By comparison, CFM booked a total of 1,998 CFM56 and LEAP engine orders in 2012 for a combined value of $23bn at list price. Overall, CFM has logged total orders for 5,607 LEAP engines, while total CFM56 engine orders stand at more than 30,360 engines. As the company logs record commitments, CFM is also achieving historic production rates for the CFM56 product line. The company delivered approximately 1,420 CFM56 engines in 2012 and is on track to build more than 1,500 engines in 2013. CFM has consistently built more than 1,000 engines per year since 2006. Current plans are to reach more than 1,700 engines per year by 2019 as CFM transitions from CFM56 to LEAP engine production.
November 18, 2013 · 24 Views
Etihad Airways announced a firm order for 87 Airbus aircraft, plus purchase rights for a further 30, to support the global expansion of its operations. The order represents an investment of up to $26.9bn at list prices, including related engines. The firm order, unveiled at the Dubai Air Show, includes 50 Airbus A350 XWB and 36 Airbus A320neo family aircraft, together with one Airbus A330-200F freighter. The aircraft will be used to launch flights to new destinations around the world, add more capacity in established markets and progressively replace existing, less-efficient aircraft. Etihad Airways also announced an order for 113 Rolls-Royce Trent XWB engines to power 50 new Airbus A350 XWB aircraft and two Trent 700 engines for an Airbus A330-200 freighter. The order includes 102 engines fitted onto the aircraft, 13 spare engines and long-term TotalCare support services. Delivery of the aircraft is scheduled to commence from 2020. Furthermore, Etihad signed an order with CFM International for 52 LEAP-1A engines to power 26 new Airbus A321neo aircraft. The order includes a 15-year Rate Per Flight Hour (RPFH) agreement, under which CFM International will guarantee maintenance costs on a dollar per engine flight hour basis.
November 18, 2013 · 3 Views
At the November 17th opening day of the Dubai Air Show, GE Aviation received $26bn in jet engine orders and services agreements for wide-body Boeing aircraft from three leading airlines in the Middle East. Collectively, Emirates, Qatar Airways, and Etihad Airways ordered 450 of the new GE9X engine now under development for the new Boeing 777X. GE also received orders for GEnx engines for the Boeing 787 and GE90 engines for the Boeing 777.
Alenia Aermacchi and Italian Air Force sign agreement to provide development and industrialization of MC-27J Praetorian
November 18, 2013 · 223 Views
Alenia Aermacchi (a Finmeccanica Company) and the Aeronautica Militare (Italian Air Force) signed, during the Dubai Airshow 2013, an agreement to provide development, testing, certification, industrialization and logistic support of the Praetorian. The Praetorian, a specialized version of the MC-27J, will support missions for the Italian Special Forces, Comando Operativo Forze Speciali (COFS). The Praetorian project will consist of two phases. During Phase One, Alenia Aermacchi will develop and deliver a prototype of the Praetorian to the Italian Air Force in spring 2014, immediately followed by testing in an operational scenario. Phase Two will encompass the industrialization of the Praetorian configuration and related logistic support. The Italian Air Force plan to transform three C-27J’s, currently in service, into the Praetorian configuration during 2016 and will include mission systems, C3ISR equipment and palletized support / fire systems. An additional three aircraft will also have the same mission package capabilities.
November 18, 2013 · 13 Views
Ethiopian Airlines has signed a 10-year OnPoint solution agreement with GE for maintenance, repair and overhaul of its GE90 engines. Under this agreement, GE will maintain Ethiopian’s GE90 engines that power its 16 B777 aircraft, which comprises of six B777-200LRs, six B777Fs, and four B777-300ERs.
November 18, 2013 · 14 Views
Deutsche Lufthansa has selected CFM International’s CFM56-5B engine to power 30 firm Airbus A320ceo (current engine option) aircraft. The agreement is valued at more than $610m at list price. The aircraft were announced in June of this year. Lufthansa, which is part of the Lufthansa Aviation Group, currently operates a fleet 350 CFM56 engines powering Airbus A319/A320, long-range, four-engine A340-300, and Boeing 737 Classic aircraft. Overall, Lufthansa Aviation Group, which includes Germanwings, Austrian, and Swiss, operates more than 560 CFM56 engines.
November 18, 2013 · 17 Views
GE Capital Aviation Services (GECAS) and ATR signed a contract for the purchase of 5 firm and 5 optional ATR 72-600 aircraft. The deal is valued at $241m. Deliveries will commence in 2015. The agreement was signed by Norman Liu, President and CEO of GECAS, and Filippo Bagnato, ATR Chief Executive Officer, at the Dubai International Air Show.
November 18, 2013 · 16 Views
GE has awarded Royal Jordanian Airlines its TRUEngine designation for 12 CF34-10E and six CF34-8E engines powering its fleet of five EMBRAER 195s and three EMBRAER 175s. Royal Jordanian is the first airline in the Middle East/Africa region to receive the TRUEngine designation for the CF34.
November 18, 2013 · 9 Views
flydubai has signed an agreement with CFM International to purchase up to 200 LEAP-1B engines to power Boeing 737 MAX aircraft. The airline has also ordered 22 CFM56-7BE engines to power up to an additional 11 Boeing Next-Generation 737-800 aircraft. This total includes a 10-year Rate per Flight Hour (RPFH) agreement for the LEAP-1B engine, under the terms of which CFM will guarantee maintenance costs on a dollar per engine flight hour basis.
November 18, 2013 · 22 Views
AJW Group has promoted Conrad Vandersluis to Sales Development Director. AJW is currently embarking on a worldwide expansion of its portfolio of services, across all divisions to bring customers a wide range of total support solutions. Vandersluis’ plethora of knowledge will enable and improve global sales and commercial activities for the Company, with the additional focus of continual development and growth of all aspects of AJW capabilities. With over 25 years of aviation experience, Vandersluis had worked previously for Flightspares and the BBA Group before joining AJW as Commercial & Contracts Manager in 2004.
November 18, 2013 · 20 Views
Dubai-based Quest Aviation Solutions has been appointed exclusive sales distributor for MD Helicopters’ multi mission product range of helicopters in the UAE. The deal was announced on the opening day of the 2013 Dubai Air Show. Quest’s territory will cover the Emirates of Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras-al-Khaimah and Fujairah. Quest Aviation Solutions, part of the Quest Investment Group (Dubai) will market the whole MD Helicopter product range from the single-engine multi mission 500 and 600 series including the unique 530F and 540F for hot-and-high challenging missions, to the top of the range twin- engined MD 902 Explorer. The Explorer is now flying all over the world in Police, Medevac (HEMS), VIP, Offshore and utility Missions. The 500, 600 and 902 series of MD Helicopters all have the innovative “NOTAR” (No Tail Rotor) technology which allows for safer and quieter operational missions, which are essential requirements for Policing and EMS roles.
November 18, 2013 · 22 Views
IAE International Aero Engines AG has launched its new Pure-V-1 designation for V2500 engines maintained to IAE’s high build standards. A Pure-V designated engine contains IAE-approved parts and repairs throughout the entire engine. IAE’s Pure-V program rewards operators who maintain OEM build standard engines with extended warranties on parts. IAE can also provide a customized conversion kit for engines that do not currently meet the Pure-V standard. The Pure-V program helps improve the marketability of engines through a database that identifies all Pure-V engines. The database tracks information from IAE maintenance centers servicing IAE FHAs and from facilities approved by IAE to verify an engine’s Pure-V status. IAE’s Pure-V engine program is designed to help operators and lessors enhance residual values for their V2500 engines.
November 18, 2013 · 29 Views
Lufthansa Technik AG is expanding its long-established activities in the important and strongly growing Middle Eastern aviation market even further. At Lufthansa Technik Middle East Services (LTMES), headquartered in Dubai, the range of technical services and sales activities for the region’s customers is being expanded significantly. Owing to rising demand for on-site technical services for nacelle components, repair operations for Airframe Related Components (ARC) will be expanded as early as the beginning of 2014. With a local facility in place, spare part provision and repairs can be offered more efficiently to customers in the region. Depending on the required service, repairs can be undertaken either at the customer site or in Dubai without creating additional transport expenses, or be organized within the Lufthansa network. In early 2014 LTMES will also begin to offer the highly efficient engine wash service Cyclean Engine Wash at its facility in Dubai as well as at the region’s airports. This service has been used by 30 customers around the world and is available for all current engine types. It increases engine performance and reduces kerosene consumption by up to one percent as well as CO2 emissions. Currently there are more than 30 Cyclean Engine Wash stations in operation in North and South America, Europe and Asia.
November 18, 2013 · 24 Views
Avio-Diepen released that in January 2014, Avio-Diepen will be handling the distribution of replacement parts in the Middle East and Africa on behalf of Recaro Aircraft Seating. “Recaro stands for innovation and light weight design and is known worldwide as a top seat brand. Avio-Diepen is proud to expand its support to Recaro Aircraft Seating in distributing their premium products to customers in the Middle East and Africa”, says Vincent van Campen, CEO of Avio-Diepen.
November 18, 2013 · 4 Views
Libyan Wings, the newly launched Tripoli based airline, has signed a Memorandum of Understanding for three A350-900s and four A320neo’s. The carrier is building up its fleet with aircraft orders announced at the 2013 Dubai Airshow. Libyan Wings will start operations for passenger charter and freight from the beginning of 2014.
Vector Aerospace establishes new engine turbine overhaul facility at Seletar Aerospace Park, Singapore
November 18, 2013 · 25 Views
Vector Aerospace Corporation, a global independent provider of aviation maintenance, repair and overhaul (MRO) services announced the establishment of a new engine facility at Singapore’s Seletar Aerospace Park specially built for the PW150A turboprop engine. The new 8,000 m² engine center housing a 5,200 m² state-of-the-art facility represents Vector Aerospace’s appointment as a Pratt and Whitney Designated Overhaul Facility (DOF) and will be equipped with full engine overhaul and test capability. Vector Aerospace will be investing more than $50m (Singapore) in the construction, tooling and equipping of this facility. By locating in the Asia Pacific region, Vector Aerospace will provide the owners of PW150A engines and operators of Bombardier Q400 a cost effective, viable, easily accessible MRO alternative and significantly strengthens Vector Aerospace’s presence in the region.
November 18, 2013 · 23 Views
Etihad Airways announced a ‘step-change in global aviation,’ with the launch of its first branded regional operation, after taking a 33.3% stake in Swiss carrier Darwin Airline. Following completion of the minority investment, which is subject to regulatory approval, Darwin Airline will rebrand its operations as Etihad Regional and align its network to connect passengers from secondary European markets onto the main networks of Etihad Airways and its equity alliance partners. Etihad Airways will also launch daily services on June 1st, 2014 from Abu Dhabi to Zurich, which will become one of Darwin Airline’s main operating hubs.
November 18, 2013 · 13 Views
Bombardier Aerospace released that Learjet has been awarded Federal Aviation Administration (FAA) Certification for its Learjet 75 aircraft. FAA certification for Learjet 75 aircraft was received on November 14, 2013. Certification and delivery efforts and activities are in progress for the Learjet 70 aircraft.
November 18, 2013 · 13 Views
Bombardier Aerospace has signed a repair agreement with Oman Air, based in Muscat, Oman. The eight-year contract will see Bombardier undertake all repair work on Rolls-Royce Trent 700 inlet cowls for Oman Air’s fleet of Airbus A330 aircraft.
November 18, 2013 · 5 Views
Abidjan-based airline, Air Côte d’Ivoire, has signed a conditional purchase agreement for two Q400 NextGen aircraft with options for an additional two Q400 NextGen aircraft. Air Côte d’Ivoire is the national airline of Ivory Coast. Based on list price, the contract value for two firm-ordered Q400 NextGen aircraft would be approximately $69m. Should the two options be converted to firm orders, the contract value would increase to $141m.
November 18, 2013 · 28 Views
Palma Holding Limited (Palma) has signed a letter of intent to acquire up to eight dual-class Q400 NextGen aircraft. The agreement would cover four firm-ordered aircraft and four options. Palma intends to lease four aircraft to Ethiopian Airlines. Based on the list price, the potential contract value for Palma’s transaction covering four Q400 NextGen aircraft and four options would be approximately $282m.
November 18, 2013 · 29 Views
Boeing and Rostec signed a memorandum of understanding to expand their joint venture by establishing a second Ural Boeing Manufacturing (UBM) production facility. The UBM facility will make titanium parts in the Urals in the Titanium Valley of Russia. In July 2009, Boeing and VSMPO-AVISMA, Russia’s largest titanium producer, opened a 50/50 equity joint venture, UBM, based in Verkhnyaya Salda, Russia. UBM is a state-of-the-art facility that machines titanium forgings for the world’s most technologically-advanced airplanes, the 787-8 and -9 Dreamliners. Boeing forecasts that over the next decades it will spend approximately $27bn on Russian titanium, aerospace design-engineering services and a variety of other services and materials. VSMPO-AVISMA has been a Boeing partner and supplier of raw material and titanium parts through a series of long-term purchasing agreements dating back to 1997, when Boeing awarded its first contract to the Russian titanium producer.
November 18, 2013 · 13 Views
Boeing and flydubai announced a commitment for up to 100 737 MAX 8 airplanes and 11 Next-Generation 737-800s on the opening day of the Dubai Airshow. The commitment from the airline of the emirate of Dubai, valued at $11.4bn at list prices (including orders and purchase rights), is the largest ever Boeing single-aisle airplane purchase in the Middle East. The investment continues flydubai’s legacy operating an all-Boeing 737 fleet. Development of the 737 MAX is on schedule with firm configuration of the airplane achieved in July 2013. First flight is scheduled in 2016 with deliveries to customers beginning in 2017. Already a market success, the 737 MAX has accumulated more than 1,600 orders to date.