AVITRADER - test system

Saturday, August 23, 2014

AviTrader Daily Aviation News Alert

This is an overview of all articles linked within the selected daily newsletter.
Please scroll down to read the articles…

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

February 20, 2015 · 542 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 · 640 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.


Precision Aircraft Solutions begins ninth 757 Freighter conversion for SF Airlines

August 21, 2014 · 127 Views

Precision Aircraft Solutions announces its ninth SF Airlines input. The Precision conversion, a 757-200 passenger-to-freighter conversion, will be delivered by year’s end. The Chinese cargo airline has been working with Precision since 2009. The SF Airlines conversion marks the 45th overall for the Precision organization to date. The project is being completed at Air China Technic in Chengdu, China.


Colibri Aircraft successful in Eastern Europe

August 21, 2014 · 117 Views

As a strategic move to meet the increasing demand for aircraft brokerage and asset consultancy in Central and Eastern Europe, Colibri Aircraft decided to open an office in Bratislava, Slovakia. The new office is headed by Marian Jancarik, the Senior Aircraft Broker and Asset Advisor. Colibri Aircraft specializes in the worldwide marketing, resale and purchase of pre-owned private aircraft.


Graham Partners acquires independent aircraft tire specialist Desser

August 21, 2014 · 145 Views

Graham Partners, a private investment firm focused on investing in businesses with advanced industrial technologies, innovative product offerings, and strong growth potential, announced its majority investment in Desser Tire & Rubber Company and affiliated companies, Aero Wheel & Brake Service Corporation and Cee Bailey’s Aircraft Plastics (collectively, “Desser”). Desser is primarily a leading supplier of aircraft tires and tubes from its Los Angeles and Memphis facilities to customers in over 100 countries. Graham Partners has been proactively seeking to make investments in the aviation product aftermarket, which Desser serves. Family-owned and operated since 1920, and exclusively focused on aviation markets since 1985, Desser supplies new aircraft tires, as well as other aviation products. Desser also holds Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) approvals for high speed aircraft tire retreading and wheel and brake services, and produces aviation transparencies for aftermarket applications. Graham Partners seeks not only to invest capital, but also to utilize its longstanding industry knowledge, resources, and contacts to improve operations and promote growth for its portfolio companies. Graham intends to leverage its operating resources and industry expertise to capitalize on Desser’s strong brand name and reputation.


Lufthansa Technik Logistik Services opens new facility in Shenzhen

August 21, 2014 · 204 Views

Lufthansa Technik Logistik Services (LTLS), a specialist in aviation logistics, has opened a new facility in the Chinese city of Shenzhen. With this step, the company has laid a foundation that will enable it to ensure more direct service to the growing Chinese market in the future. The new facility is located at the site of Lufthansa Technik Shenzhen (LTS), a Chinese subsidiary of Lufthansa Technik that was established for the supply and maintenance of components and aircraft structures made of composite materials. LTS recently concluded a building expansion program involving new construction of 24,000 m² of production, warehouse and office space – a measure that offered ideal conditions for the creation of the new logistics unit. More than 30 new employees at LTLS in Shenzhen will enjoy new space with modern equipment and the opportunity to work according to LTLS’ globally acknowledged high standards, including access to the extensive expertise and knowledge of other LTLS specialists all over the world. The new site features, among other things, a customs warehouse with 2,100 m² of space as well as a central incoming goods and shipping area.


GECAS completes purchase and leaseback of Airbus A330-300 with Philippine Airlines

August 21, 2014 · 176 Views

GE Capital Aviation Services (GECAS) announced completion of a purchase-and-leaseback transaction with Philippine Airlines involving a new Airbus A330-300 aircraft.


Columbia Helicopters opens military helicopter maintenance center

August 21, 2014 · 141 Views

Columbia Helicopters, a member of the American Helicopter Services And Aerial Firefighting Association (AHSAFA), has opened a new facility which will be totally focused on the maintenance, repair and overhaul (MRO) of military helicopters. The 16,000 ft² building, located at the company’s headquarters and maintenance complex at Aurora (Oregon) State Airport, will be capable of handling up to three maintenance lines of CH 47 Chinook helicopters simultaneously. The twin-rotor, CH 47 is a popular military workhorse, used by the US Army and military organizations worldwide. Columbia Helicopters is a specialist in CH 47 maintenance. Operational since August 1, the building, which houses the new Military Maintenance Facility, was built in 1996 to maintain the company’s ground support equipment. According to Paul Leach, Columbia Helicopters’ Director, Military Maintenance, the planning began last year to repurpose the structure in anticipation of growing contract maintenance business from international CH 47 operators, through the US Foreign Military Sales (FMS) program. As an example, a complete interior and exterior refurbishment, airframe and engine overhaul for three Royal Moroccan Air Force CH 47-Ds is currently in progress at the facility, under a $6m contract.


Mountain Aviation acquired by private investors

August 21, 2014 · 176 Views

Mountain Aviation has been acquired by a private investment group seeking to develop the company’s strong position in the turboprop and jet charter market. With the close of this acquisition, Mountain will maintain its industry leading position in the Rocky Mountain region while growing its customer base and core markets. The company will continue to focus primarily on its existing Rocky Mountain Region aviation clients, and will also seek to provide additional aviation services to the oil and gas industry and government services markets. Mountain Aviation’s worldwide operating authority and significant experience operating in challenging environments provide a strong foundation for expanded capabilities in these markets.


Bombardier appoints new President of Aerostructures & Engineering Services

August 21, 2014 · 152 Views

Bombardier announced the appointment of Jean Séguin as President, Bombardier Aerostructures & Engineering Services. In his new functions, Mr. Séguin will oversee the activities of this new business segment specializing in the design and development of complex composite and metallic aerostructures. He will report directly to Pierre Beaudoin, President and Chief Executive Officer, Bombardier.


SAS completes sale/leaseback of four Airbus A330-300 Enhanced

August 22, 2014 · 143 Views

SAS has secured financing of four Airbus A330-300 Enhanced through the signing of a sale and leaseback agreement with the Chinese bank Bocomm. The aircraft will be delivered during the latter part of 2015 and the beginning of 2016. The agreement means that SAS, at the time of delivery for respective aircraft, will sell the aircraft to Bocomm and then lease it back during a term of 12 years. The list price for four Airbus A330-300 Enhanced is approximately US$1bn.


Boeing 747-400 consigned to VAS Aero Services for teardown and surplus parts distribution

August 22, 2014 · 323 Views

VAS Aero Services, a global leader in aviation logistics and aftermarket services, received a 747-400 with PW 4056 engines on consignment for teardown from Boeing. The 747 is the 32nd teardown VAS has managed for Boeing since 1992 in a contract that extends through 2020.


BOC Aviation prices A$123m 6.5-year fixed rate senior unsecured notes

August 22, 2014 · 143 Views

BOC Aviation has priced A$125m in 6.5-year fixed rate senior unsecured notes due 2021 (the “Notes”) at a coupon of 5.375% per annum. The Notes will close on September 3rd, 2014, subject to satisfaction of customary closing conditions. The transaction, arranged by Westpac Banking Corporation, is issued off BOC Aviation’s US$5bn Euro Medium Term Note programme. The Notes are denominated in Australian Dollars and will bear a fixed interest coupon of 5.375% per annum with interest payable annually in arrears and will pay a yield to investors of 5.421% per annum. BOC Aviation will apply the net proceeds to fund its new capital expenditure, for general corporate purposes and/or refinancing existing borrowings.


GE seeks EASA approval of S10 diesel fuel for H Series turboprop

August 22, 2014 · 204 Views

GE Aviation submitted an application to EASA to utilize S10 diesel fuel for its H Series turboprops. The anticipated application approval would help Brazilian H Series operators lower fuel costs by up to 25%. The average H Series engine consumes 648,000 liters of fuel before its first scheduled overhaul at 3,600 flight hours. By utilizing S10 diesel, operators could save more than $225,000 (US$) on fuel costs between overhauls. The H Series turboprop family – which includes the H75, H80 and H85 engines – incorporates GE’s 3-D aerodynamic design techniques and advanced materials to create a powerful, fuel-efficient, durable engine with no recurrent fuel nozzle inspections and no hot section inspection. On the H Series, GE is also developing an integrated electronic engine control (EEC) for true single lever power control, and full auto-start capability to help ease pilot workload. GE’s H Series powers nine applications including the Thrush 510G, Nextant Aerospace G90XT and Aircraft Industries L410 aircraft. The engine family provides the option of a single- or dual-acting governor, allowing customers to have flexibility in propeller selection. The engine is targeted at the agricultural, business turboprop, commuter and utility aircraft segments.


airberlin achieves positive net result in second quarter 2014

August 22, 2014 · 130 Views

airberlin achieved a slightly improved operating result (EBIT) in the second quarter of the year with turnover up by 2,9% to €1,146.4m. Compared to the same quarter of the previous year, airberlin was able to improve EBIT (Earnings before Interest and Tax) to €-6.9m from €-8.1m in the previous year. Taking into account other operating income of €4.8m (previous year €39.2m) the annual comparison on operating level shows an improvement of more than €35m. Net profit was with €8.6m, an increase of €46.6m on the previous year (€-38.0m). Following a successful recapitalisation program, airberlin has liquid assets in the amount of €600m cash on hand and nearly €300m undrawn cash facilities available. Compared to year-end 2013, available cash increased by €378m.


Norwegian opens new base for long-haul operations at London Gatwick

August 22, 2014 · 158 Views

Norwegian continues to expand internationally and has decided to establish a new long-haul base at London Gatwick Airport. Both pilots and cabin crew will be based at London Gatwick. The airline has become a major player at London Gatwick and is currently the only airline offering low-cost flights between the UK and the U.S. In July this year, Norwegian celebrated its first flights between London Gatwick and three US cities; Los Angeles, New York and Fort Lauderdale. Launching long-haul routes between London Gatwick and the United States is also an important part of Norwegian’s strategy to expand internationally and get a stronger foothold in global markets. Today, Norwegian has a long-haul fleet of seven 787 Dreamliners and ten more on order.