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Wednesday, June 11, 2014

AviTrader Daily Aviation News Alert

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

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.

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

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.

Design flaws led to 787 battery fire

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.

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

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.

Air France-KLM selects GEnx engines for Boeing 787 fleet

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.

ILFC closes $1.5bn senior secured term loan

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.

Airbus Commercial reports another year of financial improvement

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).

Boeing Commercial Airplanes reports full year revenue of $53bn

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.

A350 XWB in Bolivia for high altitude testing

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.

Firefly welcomes first ATR 72-600

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.

GE’s Passport engine begins first full engine test

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.

Rolls-Royce wins order from CIT to power 23 aircraft

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.

AviaAM Leasing delivers another Boeing 737 to Aurora for lease

June 9, 2014 · 80 Views

AviaAM Leasing, a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has recently delivered the second Boeing 737-500 aircraft to Russian Far East airline Aurora. Prior to the aircraft’s delivery, AviaAM Leasing has conducted a comprehensive set of works, including C-Check, cabin refurbishment and livery change. The Boeing 737-500 aircraft, being fully customized in accordance with the carrier’s requirements, has been delivered to Aurora’s main base at Yuzhno-Sakhalinsk Airport, Russia.

Finnair traffic performance in May 2014

June 9, 2014 · 47 Views

In May, Finnair traffic increased by 3.5% and the overall capacity grew by 2.6%. Passenger load factor increased by 0.7 points and was 75.7%.

HAECO opens new component MRO facility at Xiamen

June 9, 2014 · 169 Views

Hong Kong Aircraft Engineering Company Limited (HAECO) Group has officially opened a new component MRO facility at Xiamen, in Mainland China called HAECO Component Overhaul , which is a wholly owned subsidiary of the HAECO Group. The initial 1,500 m² component MRO workshop setup has technical capabilities on hydraulic, mechanical, avionic and pneumatic systems across the Airbus and Boeing commercial aircraft fleets covering 400 part numbers, expanding to 1,200 by the end of 2014. The facility currently operates under European Aviation Safety Agency (EASA) approval, and intends to obtain approval from the U.S. Federal Aviation Administration (FAA) and the Civil Aviation Administration of China (CAAC). With a skilled workforce of 77 employees from Hong Kong and Xiamen, the new subsidiary aims to increase its production staff to over 200 by 2016. The technical capabilities and production capacity of the Xiamen facility will dovetail with the HAECO Group’s component workshops in Hong Kong and in conjunction with the Group’s subsidiary and associate facilities covering wheels and brakes, tyres, aero- structures, landing gear, APUs, and other Line Replacement Units, will greatly enhance component support provided to the Group’s airframe and line maintenance customers around the Asia Pacific region. The new company has put in place streamlined customs declaration and clearance procedures, enhanced round-the-clock logistics processes, and repair process optimisation to drive improvement in cycle times, component reliability, and supply chain costs. This will in turn enhance repair support for the Group’s inventory technical management company, HAECO ITM.

PART completes maintenance for Presidential B737-500 aircraft

June 9, 2014 · 188 Views

PART, an ARC Aerospace Industries Company, has recently completed maintenance in support of another South America Presidential B737-500 aircraft. The Boeing 737-500 aircraft left PART’s facility on Friday, June 6th after a complete transformation including a C-check and full interior restoration, new paint, along with complete Satcom and IFE upgrade. PART provides Maintenance, Repair, and Overhaul services for Airbus, Boeing, Embraer, and other leading manufacturers.

United Airlines launches first nonstop service between U.S. and Chengdu, China

June 9, 2014 · 112 Views

United Airlines launches new nonstop service linking the airline’s San Francisco hub with Chengdu, China, the fourth-largest Chinese city, becoming the first carrier to fly nonstop from the U.S. to mainland China beyond Beijing and Shanghai and the first U.S. carrier to serve Chengdu. United will use the Boeing 787-8 Dreamliner to operate the three-times-weekly service. Chengdu is the ninth destination United serves in the Asia/Pacific region nonstop from San Francisco, from which United offers more nonstop trans-Pacific flights from the United States than any other carrier.

Virgin America reports May 2014 operational results

June 9, 2014 · 78 Views

Virgin America reported its preliminary operational results for May 2014 and the first five months of the year. The airline’s traffic decreased 0.6% on capacity that was 2.5% percent lower than in the same month in 2013. Load factor was 84.5%, up 1.6 points from May 2013.

American Airlines Group reports May load factor of 84%

June 9, 2014 · 98 Views

American Airlines Group’s total traffic for the month of May was up 2.1% versus May 2013, while total capacity was up 2.4% versus May 2013. Total passenger load factor was 84.0% for the month of May, down 0.3 points versus May 2013.

Willis Lease and China Aviation Supplies Corp announce engine leasing joint venture

June 9, 2014 · 133 Views

Willis Lease Finance Corporation (WLFC), the premier independent jet engine lessor in the commercial finance sector, and China Aviation Supplies Import & Export Corporation Limited (“CASC”), a Chinese leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company Limited (“CASC Willis”), a new 50/50 joint venture. The new company will be dedicated to supplying Chinese airlines with the best engine support solutions and creating an engine resource sharing platform. CASC Willis will be based in Shanghai and will concentrate on meeting the fast growing demand for leased commercial aircraft engines and aviation assets in the People’s Republic of China.

Southwest Airlines reports May traffic

June 9, 2014 · 124 Views

Southwest Airlines reported that traffic in May 2014 increased 0.6% from May 2013, while capacity decreased 1.5% year over year. The May 2014 load factor was 83.7%, compared to 81.9% in May 2013.

Element provides $100m multi-aircraft financing for Cargojet

June 9, 2014 · 167 Views

Element Financial Corporation, one of North America’s leading equipment finance companies, has entered into an agreement with Cargojet, to finance three Boeing 767-300ER freighter aircraft for approximately $100m. The transaction will provide the Canadian supplier of air cargo services with additional capacity to support its growing client base.

Boeing 767 Modification – Correction

June 10, 2014 · 176 Views

In our May 2014 MRO e-magazine cover story regarding 767 modifications, it was incorrectly stated that Boeing no longer charges an annual fee in support of passenger to freighter conversions, ending a policy introduced by Boeing in 2009.

However, the correct statement is that Boeing policy for supporting operators of third-party passenger-to-freighter conversions remains unchanged. Boeing does charge operators an annual fee to support freighters converted under a licensing agreement with a third-party conversion house, such as IAI/Bedek. This purchased support covers the areas of the plane unaffected by the conversion.

Mesa Air Group adds E175 to certificate

June 10, 2014 · 60 Views

Mesa Air Group received approval from the Federal Aviation Administration to add the Embraer E175 to its operating certificate, a critical accomplishment in its goal of having the aircraft “on line on time.” Mesa will begin its E-Jet operations this summer with the first of 30 aircraft scheduled for delivery as part of its United Express operation.

United reports May 2014 operational performance

June 10, 2014 · 94 Views

UAL’s May 2014 consolidated traffic increased 1.2% and consolidated capacity increased 0.2% versus May 2013. UAL’s May 2014 consolidated load factor increased 0.9 points to 85.3% compared to May 2013.

Air Lease Corporation signs lease agreements with EVA Air for two Boeing 777-300ER

June 10, 2014 · 71 Views

Air Lease Corporation reported twelve-year lease agreements with EVA Air (Taiwan) for two new Boeing 777-300ER widebody aircraft, scheduled for delivery in the second half of 2015 and first half of 2016. These aircraft are from ALC’s order book with Boeing.

Robert Lenardi named new General Manager for CIRCOR Aerospace & Defense NY

June 10, 2014 · 72 Views

CIRCOR Aerospace reported the promotion of Robert Lenardi to General Manager for the CIRCOR Aerospace & Defense New York business. Lenardi will report directly to CIRCOR Aerospace & Defense Group President Vincent Sandoval. He will have full responsibility for the implementation of CIRCOR’s growth, productivity and factory execution strategy for the New York business.

Ecuador orders Airbus C295

June 10, 2014 · 91 Views

Ecuador has ordered three Airbus C295 medium transport aircraft from Airbus Defence and Space for immediate delivery. The contract also includes a Full In Service Support (FISS) package for the operation and maintenance of the fleet. The first aircraft was delivered on June 6th, at the Airbus Defence and Space plant in Seville and the remaining two will be handed over later this year. They will be used for military and humanitarian missions such as the transport of civilian and military personnel as well as support to populations in remote areas or in emergency situations.

B/E Aerospace to create two separate industry-leading companies

June 10, 2014 · 151 Views

B/E Aerospace’s Board of Directors has commenced a process to separate its leading businesses into two independent, publicly traded companies — one focused on aircraft cabin interior equipment – design, development, manufacturing, certification and direct sales on a global basis (“Manufacturing Co.”), and the other focused on distribution, logistics and technical services for the aerospace and energy services markets (“Services Co.”). The Company said that the separation announcement represents an important step in its ongoing strategic review process, noting that the Company’s Board and management are continuing to review and aggressively pursue its strategic alternatives to enhance value to shareholders. Each of the new companies will be a global leader in its respective market. B/E has positioned both businesses to be successful, profitable and sustainable independent companies, and this decision reflects a further evolution of the Company’s strategies emphasizing the development of the Company’s businesses, addressing their distinct needs and thereby increasing their value to shareholders.

Airstream completes more ACMI transactions

June 10, 2014 · 149 Views

Airstream has recently completed two further ACMI transactions. They arranged the lease of two MD-83 aircraft on behalf of Spanish operator Swiftair. The aircraft are being used by Polish operator 4 you Airlines and are flying from Poland to holiday destinations in the Mediterranean and Egypt. They have also arranged the lease of an ATR72 aircraft on behalf of German carrier Avanti Air. The aircraft is being used by a Spanish carrier to operate scheduled services linking southern Spain and North Africa. This is the eleventh transaction concluded by Airstream involving ATR aircraft in the last twenty four months. Airstream provides aircraft remarketing and ACMI placement services on behalf of operators worldwide.

Aeroflot’s low-cost carrier Dobrolet starts commercial flights

June 10, 2014 · 99 Views

Aeroflot released that Dobrolet, its wholly owned low-cost carrier subsidiary, has completed its first commercial flight from Moscow to Simferopol. Aeroflot launched a low-cost carrier project to achieve its strategic goal of increasing the availability of air travel for Russian citizens and to further develop air travel as the most efficient form of passenger transport in Russia. The low-cost model is based on maintaining tight control of costs, particularly on some elements of service. As a result, Dobrolet’s transportation costs are 20%-30% lower than classical established carriers, and may be further reduced in future. In August, Dobrolet will launch flights to St Petersburg and Samara. The route network will subsequently expand to other Russian regions, and from 2016 Dobrolet plans to fly to international destinations, primarily in Europe and the CIS. The new airline’s fleet will consist of new Boeing 737-800NGs in one-class configuration designed to carry 189 passengers. By the end of 2014 Dobrolet will operate eight aircraft. Dobrolet plans to increase its fleet to 40 aircraft by 2018, operating 45 routes and carrying more than 10 million passengers.

Bombardier delivers first enhanced CRJ900 NextGen regional jet to American Airlines

June 10, 2014 · 104 Views

Bombardier Aerospace has delivered the first of 30 enhanced CRJ900 NextGen aircraft to American Airlines Group Inc. The aircraft will be operated by American Airlines Group wholly owned subsidiary PSA Airlines, Inc. under the American Eagle brand. The purchase agreement for the aircraft, which was announced in December 2013, also included options on an additional 40 CRJ900 NextGen aircraft. American Airlines is the first customer to take delivery of the enhanced CRJ900 NextGen regional jet, which provides up to 5.5% fuel burn reduction over earlier-generation CRJ900 aircraft.

GECAS delivers new Boeing 787 to TUI Travel in purchase-and-leaseback deal

June 10, 2014 · 150 Views

GECAS, the commercial aircraft leasing arm of GE, reported delivery of a new Boeing 787-8 Dreamliner to TUI Travel as part of a purchase-and-leaseback transaction. A second 787 aircraft is scheduled for delivery to TUI Travel later this month. GECAS placed an order directly with Boeing in September 2013 for 10 of the Boeing 787-10 Dreamliner models. These aircraft are scheduled for delivery beginning in 2019. TUI Travel PLC is one of the world’s leading international leisure travel groups operating in approximately 180 countries worldwide. It serves more than 30 million customers in over 31 source markets. Headquartered in the UK, the Group employs approximately 55,000 people and operates a pan-European airline group consisting of approximately 140 aircraft.

GE Aviation breaks ground on West Jefferson facility

June 10, 2014 · 139 Views

GE Aviation, a global leader in jet engine and aircraft system production, on June  hosted a groundbreaking ceremony at the site of its machining factory in West Jefferson, North Carolina. The new 80,000-ft² expansion will allow for increased capacity as the shop assumes additional machining work. The increase in volume is driven largely by orders for the new LEAP jet engine of CFM International, a 50/50 joint company of GE and Snecma (Safran) of France. To date, CFM has logged total orders and commitments with airlines for more than 6,000 LEAP engines – and it does not enter service until 2016. It will power new Airbus A320neo, Boeing 737 MAX, and COMAC (China) C919 aircraft for airlines worldwide. GE could begin hiring at the expanded facility as early as 2015. Within five years, the plant’s workforce is expected to grow to 265 people with capacity to do both rough and finished machining of components for the core of the engine (disks, spools, shafts).

Euravia appoints new After-Sales Support Director for N. America and APAC

June 10, 2014 · 99 Views

Euravia has announced the appointment of Dave Wark as the North America and Asia-Pacific After-Sales Support Director effective immediately. The company’s Managing Director, Dennis G. Mendoros explains that Euravia is entering an exciting development period requiring a focused approach to managing the increases in volume associated with the continuing success of its PT6A, PT6T and PT6C engines MRO business. Dave Wark has extensive experience on PT6 engines and will ensure that Euravia continues to offer customised and total support to its Customers. Dave brings a wealth of experience from previous roles at Mint Turbines, Vector Aerospace and North Star Aerospace and he will provide consolidated engine support to new and existing Customers, thus further strengthening Euravia’s global after-sales activities.

Thales and JetBlue close LiveTV acquisition

June 10, 2014 · 108 Views

Thales announced the closing of the acquisition of LiveTV from JetBlue for $399m. As part of the arrangement, the two companies will form a partnership that focuses on innovation for both passengers and airline operations. The acquisition of LiveTV is part of Thales’s strategy to meet passenger demands by delivering high quality, fast connections while meeting airline needs for greater operational efficiency. LiveTV has equipped more than 700 aircraft worldwide with a range of competitive products, focused on high performance connectivity services. LiveTV provides outstanding solutions for passenger connectivity, live television and wireless video services. The combination of this offering with the advanced Thales AVANT entertainment system firmly aligns the Thales In Flight Entertainment and Connectivity (IFEC) business to its long-term focus on connected services for passengers and airline operators within all industry segments, from premium to low-cost. With more than 500 employees and projected revenues for 2014 estimated at over US$150m, Florida-based LiveTV is now a wholly-owned subsidiary of Thales USA, reporting to Dominique Giannoni, vice president Thales IFEC business.