Saturday, September 27, 2014
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.
September 25, 2014 · 81 Views
Air Lease Corporation announced long term lease agreements with Sichuan Airlines (China) for two new Airbus A321-200s. Both aircraft, scheduled for delivery in the first half of 2015, are outfitted with Sharklets and powered by IAE V2533 engines. The aircraft will deliver from ALC’s order book with Airbus, adding to numerous Airbus A330, A321 and A319 aircraft already on lease to Sichuan from ALC.
September 25, 2014 · 111 Views
In the next 20 years (2014-2033), according to Airbus’ Global Market Forecast, passenger traffic will grow annually at 4.7% driving a need for around 31,400 new passenger and freighter aircraft (100 seats and above) worth US$4.6 trillion. The passenger and freighter fleet will increase from today’s 18,500 aircraft to 37,500 by 2033, an increase of nearly 19,000 aircraft. Some 12,400 older less fuel efficient passenger and freighter aircraft will be retired. The economic growth rates in emerging markets such as Asia, Latin America, Africa and the Middle East, are outstripping more economically developed regions. One significant effect is that the middle classes in Asia are expected to quadruple in size by 2033 whereas globally they will double from 33% to 63% of world population. As a result of increased urbanisation and concentration of wealth, the number of aviation mega-cities worldwide will double to 91. These cities will be centres of world wealth creation with 35% of World GDP centred there, with more than 95% of all long haul traffic going to from or through them. In advanced economies, international traffic flows will be the fastest growing. In the emerging economies of Latin America, Africa and Asia Pacific, intra-regional and domestic flows will grow faster. For example, stimulation of new traffic coupled with increased accessibility of air travel will see India record the fastest growing domestic flows, becoming one of the 10 largest markets by 2033. “Aviation is growing impressively and our latest forecast confirms its long term growth. While mature aviation regions such as Europe and North America will continue to grow, Asia will stand out along with emerging markets for dynamic development,” said John Leahy, Airbus Chief Operating Officer, Customers. “This growth trend is confirmed by Chinese domestic traffic becoming the world’s number one aviation market within the next 10 years”.
September 25, 2014 · 93 Views
Indonesian airline TransNusa Aviation Mandiri, took delivery of its first new generation ATR 42-600. The carrier has options for three more ATR 42-600s. TransNusa is introducing the new ATR 42-600 for the first time in Indonesia and the aircraft will be a turning point for the airline’s new development efforts towards the fly-in, fly-out (FIFO) charter segment. The 5-year contract award TransNusa won this year from one of the Indonesia’s large oil consortium reflects the market need and that the ATR turboprop is the ideal aircraft type for these services. The ATR 42-600 has versatile capabilities on short, unpaved and narrow runways and is well suited for these demanding operations.
September 25, 2014 · 110 Views
The Royal Thai Police (RTP) received its first of two Airbus Helicopters AS365 N3+ that were ordered between 2012 and 2013. Configured for search and rescue (SAR) missions, the AS365 N3+ is outfitted with equipment including electrical hoist, rappelling installation, cargo sling and search lights. The RTP’s Airbus Helicopters fleet currently comprises five EC155s from the Dauphin family, which have been in operation since 2009 as Royal transport aircraft. To boost their SAR capabilities, the RTP placed an order for two units of the AS365 N3+, another medium class helicopter from the Dauphin family, in 2012 and 2013 respectively. The first aircraft arrived in Bangkok yesterday, and the second unit is due to be delivered in mid-2015.
September 25, 2014 · 98 Views
Air Canada will introduce year-round mainline service to Amsterdam from Toronto beginning in June 2015 as part of the continuing expansion of its international network. Additions to the summer network also include new Air Canada rouge seasonal service from Montreal to Venice and between Vancouver and Osaka. “Air Canada will continue its international expansion drive next summer, led by the addition of Amsterdam to its mainline global network. Apart from being a popular tourist destination, Amsterdam is also a key business market with longstanding links to Canada. Air Canada is the only Canadian carrier to offer the route year-round and it will complement our existing service to Brussels, giving customers easier access to the Benelux region,” said Benjamin Smith, President, Passenger Airlines, at Air Canada.
September 25, 2014 · 180 Views
Pratt & Whitney’s PurePower engines have successfully powered the Airbus A320neo in its maiden flight. Airbus selected the PW1100G-JM engine to launch the A320neo aircraft family in 2011. The maiden flight of the A320neo is in the air weeks ahead of schedule. The tremendous joint efforts of both Airbus and Pratt & Whitney have made this first flight possible. With the first flight of the A320neo, Pratt & Whitney now has two PurePower engines powering the next generation of aircraft. Pratt & Whitney has completed 11,000 hours of testing across the PurePower engine family, including 23,000 cycles of testing.
September 25, 2014 · 157 Views
Ana Isabel Fernandes is the new Vice-President for OGMA Aerostructures. The newly appointed manager will report directly to OGMA Chairman of the Board and CEO, Rodrigo Almeida Rosa, and will be in charge of the coordination and implementation of the company’s aircraft aerostructures manufacturing strategy. Ana Isabel Fernandes has a degree in Mechanical Engineering from the University of Oporto and complemented her education in France, at the Institut National des Sciences de Lyon (Ecole d’Ingénieurs), where she earned a “Double License in Production Engineering”.
September 25, 2014 · 209 Views
After nearly a decade at the helm of Airbus Group UK (formerly EADS UK), Robin Southwell, OBE, has decided to stand down to pursue new business opportunities outside the Group. The company has appointed Paul Kahn, previously President and Chief Executive Officer of Thales Canada, as his replacement.
September 25, 2014 · 233 Views
PacAvi Group is spearheading a new program for conversions of Airbus A320 and Airbus A321 aircraft from passenger-to-freighter configuration. PacAvi Group CEO, Dr. Stephan Hollmann, commented on the project: “We view this as an exciting opportunity. There are currently about 600 freighters of the size category of the A320 and A321 operating globally, and this market is set to grow rapidly in the BRIC countries and around the world. Right now the only products of similar capacity are from Boeing. We look forward to the opportunity to provide Airbus operators and others technologically advanced freighters at highly competitive price points.” PacAvi Group will be joined in this program by AeroTurbine, a wholly owned subsidiary of AerCap, one of the world’s largest aircraft leasing companies. AeroTurbine will perform freighter conversions at its Goodyear, Arizona facility, where it currently conducts passenger to freighter conversions for other aircraft as well as aircraft MRO services for Airbus A320 aircraft. The AdviseAer arm of AeroTurbine will also participate in the program and will provide comprehensive aircraft management services. AeroTurbine and AdviseAer are headquartered in Miramar, Florida.
September 26, 2014 · 116 Views
BOC Aviation announced the delivery of the first of 20 Airbus A320 Family aircraft to TATA-SIA Airlines Limited, the newest Indian airline branded as Vistara. The order includes seven NEO variants. “BOC Aviation is pleased to partner with Vistara by leasing 20 A320 aircraft over the next four years,” said Mr. Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “This is the largest leasing agreement in our history, and underscores our confidence in both Vistara and the Indian market. As both business and leisure travel demand rise within India, and to and from the sub-continent, the Airbus A320 family is ideal to meet travellers’ aspirations. The A320’s fuel and operational efficiency is also well-suited for airline operators.”
Sierra Nevada Corporation & Embraer roll-out first U.S. built A-29 Super Tucano for USAF Light Air Support (LAS) program
September 26, 2014 · 176 Views
Sierra Nevada Corporation (SNC) and Embraer Defense & Security presented the first United States-built A-29 Super Tucano light air support aircraft. The aircraft, which also performs as an outstanding advanced trainer, is the first of 20 that are being delivered to the U.S. Air Force for its Light Air Support (LAS) program to support the stability of Afghanistan as it assumes increased responsibility for security with the redeployment of NATO forces. On Feb. 27th, 2013 the U.S. Air Force awarded the LAS contract to SNC to supply 20 Embraer A-29 Super Tucano aircraft as well as ground training devices, pilot and maintenance training and logistic support. The aircraft will be used to provide light air support, reconnaissance and training capabilities to the Afghanistan military.
September 26, 2014 · 165 Views
In August 2014, Ameco Beijing and Austrian Airlines signed a contract for six aircraft C-checks, including 4 Boeing 767 and 2 Boeing 777 aircraft. The layover will start from November 2014 to March 2015.
September 26, 2014 · 308 Views
Etihad Airways unveiled a stunning new livery design which will be introduced across its fleet. Created by leading brand consultants Landor Associates in partnership with Etihad Airways, the new livery is inspired by traditional Emirati design patterns, the landscapes of the desert and the geometric shapes found in the modern architecture of Abu Dhabi. The result is a striking and unique livery design which will present Etihad Airways as the airline of a progressive and innovative cultural hub, firmly rooted in its rich history. The new livery was unveiled as Etihad Airways’ first A380 rolled-out of the paint hangar at the Airbus Finkenwerder facility in Hamburg, Germany.
September 26, 2014 · 243 Views
Mitsubishi Aircraft Corporation has signed a definitive agreement with Eastern Air Lines Group, for the purchase of twenty firm MRJ90 aircraft with purchase rights to an additional twenty MRJ90 aircraft. Mitsubishi Aircraft and Eastern signed an MOU (Memorandum of Understanding) in England at the Farnborough International Airshow in July, 2014. Both companies have moved forward to conclude a definitive agreement on September 22, 2014. Deliveries are scheduled to commence in 2019.
September 26, 2014 · 154 Views
Southwest Airlines has signed an agreement with Red Rocks Biofuels (RRB) to purchase low carbon renewable jet fuel, made using forest residues that will help reduce the risk of destructive wildfires in the Western United States. The airline’s agreement with RRB covers the purchase of approximately three million gallons per year. The blended product will be used at Southwest’s Bay Area operations with first delivery expected in 2016. “Our commitment to sustainability and efficient operations led us on a search for a viable biofuel that uses a sustainable feedstock with a high rate of success,” said Bill Tiffany, Vice President of Supply Chain at Southwest Airlines. “Red Rock Biofuel’s technology, economics, and approved use made entering into an agreement for purchase a win-win situation.” RRB’s first plant will convert approximately 140,000 dry tons of woody biomass feedstock into at least 12 million gallons per year of renewable jet, diesel, and naphtha fuels.