Friday, September 30, 2011
AviTrader Daily Aviation News Alert
This is an overview of all articles linked within the selected daily newsletter.
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August 26, 2016 · 99 Views
It has been reported from Geneva that the International Transport Association (IATA) and Egypt’s authorities are attempting to find a solution for the repatriation of funds owed to airlines operating in Egypt.
The current value of blocked funds stands at US$275 million. To date ongoing discussions between airlines, the Central Bank of Egypt and Egypt’s Civil Aviation Authority has seen US$240 million released while discussions continue regarding an appropriate time schedule for further payments to be made.
Air connectivity is crucial to the Egyptian economy as aviation supports the employment of over 1 million people and produces US$13.1 billion in social and economic benefits. It is imperative from the aspect of both businesses and tourism that IATA, the airlines and the Egyptian government create a solution to the current problem that will comply with international obligations.
Egypt has struggled against the country’s foreign exchange black market since the January 2011 uprising and from December 2012 the central bank had been controlling the official exchange rate through frequent foreign currency auctions. However, in March 2015 further restrictions were placed on the level of dollar deposits allowed in Egyptian banks in a move to fully eradicate the disruptive influence of the black market. The consequence of this though has been a shortage of dollars, and hence the underlying reason behind blocked funds.
Egypt imports most of its basic commodities and relies heavily on income generated by the Suez Canal and tourism. At the end of December 2014 foreign exchange reserves stood at US$15.3 billion. In June this year it was announced that these reserves had risen to US$17.5 billion, but figures released for July show this figure had fallen dramatically to US$15.54 billion.
September 28, 2011 · 76 Views
MTU Aero Engines has taken an 18% share in the PurePower PW1100G-JM engine program which is currently being developed for the emerging Airbus A320neo aircraft family. This has been agreed between MTU, JAEC and Pratt & Whitney, the leading OEM partner company in this program. According to the agreement, MTU will also take on a portion of the final engine assembly and test of the PW1100G – a new role for MTU in a high-volume commercial engine program. “We are very proud to have succeeded in increasing our program share and taking on a major role in engine assembly. Our participation in the geared turbofan engine programs will be a major driver of future growth for MTU”, said MTU CEO Egon Behle.
The 18% share in the PW1100G-JM program for the A320neo aircraft family is 3% more than the previously agreed shares in the other PurePower engine programs. In addition to the complete low-pressure turbine and the first four stages of the high-pressure compressor (HPC), MTU will provide the brush seals. Also new is a manufacturing portion of HPC nickel blisks. The portion of final engine assembly and test is also included in MTU’s increased workshare. Furthermore, both partners have agreed to raise MTU’s stake in the PW1500G engine program for Bombardier CSeries aircraft from 15 to 17%.
September 28, 2011 · 92 Views
Stuart McSorley has joined the CIRCOR Aerospace California team as Director of Quality. McSorley will play a key role in the Corona senior leadership team. His duties include executing and continuously improving the quality control procedures throughout the manufacturing process. He will also support the design and development of new products.
September 28, 2011 · 80 Views
Component Control, a leading aviation MRO and Logistics business solution provider released that Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has chosen Quantum Control to further support its Total Component Care program for its customers worldwide. Air France Industries KLM Engineering & Maintenance is a world-leading MRO provider to over 150 airlines around the world. AFI KLM E&M has developed a wide portfolio of maintenance services, which cover all aircraft components (rotables, repairables or expendables) in a vast range of aircraft families. In addition to repair & overhaul, AFI KLM E&M implements several services to support its airline customers wherever they are based, such as logistics, warranty management, pooling, loan & lease, procurement and financing, up to the development of ad hoc solutions close to the customer.
September 28, 2011 · 157 Views
Monarch Aircraft Engineering (MAEL) has concluded a contract to assist DHL in obtaining a Certificate of Airworthiness for the addition of a B757 [G-CSVS] to their fleet. MAEL’s management services team (Part M) provided support with the regulatory approval process for the aircraft transfer to the UK register.
September 28, 2011 · 61 Views
The Boeing KC-46 Tanker program successfully completed its Integrated Baseline Review (IBR) with the U.S. Air Force on Aug. 24 at Boeing program headquarters in Mukilteo. The assessment, attended by senior Air Force program officials, validated the program’s technical scope and finalized key milestones for the design and development phase of the Air Force’s next-generation aerial refueling tanker. With IBR complete, the program now will focus on milestones that include a Preliminary Design Review in the first quarter of 2012, a Critical Design Review in the third quarter of 2013, and the KC-46 tanker’s first flight in early 2015.
September 28, 2011 · 67 Views
Tajikistan-based Somon Air took delivery of the first Next-Generation 737-900ER with the new Boeing Sky Interior, making it the first Central Asian carrier to operate an airplane featuring Boeing’s innovative interior. The delivery is also Somon Air’s first direct purchase of a 737.
September 28, 2011 · 102 Views
Boeing named Donna Hrinak as president of Boeing Brazil. The appointment, which is effective October 14, further expands Boeing’s presence in Brazil and strengthens the company’s engagement with customers, industry and government stakeholders. Hrinak will be based in a new Boeing office to be opened in Sao Paulo. Hrinak is responsible for the development and implementation of the Boeing strategy in Brazil and leads company-wide activities including government affairs, identifying new and emerging business opportunities, leading corporate citizenship programs and enhancing company relationships with customers, partners and other stakeholders.
September 29, 2011 · 62 Views
UK-based Atlas Composites revealed their most recent accreditation – AS9100 REV C, Quality Management System, the standard for Aviation, Space and Defence. The award of AS9100 REV C certification, aided by consultancy and training firm TPT Consultancy, expands on the existing scope of AS9100 Rev B and is testimony to Atlas Composite’s operating effectiveness, quality procedures and its Executive Managements commitment to customers.
Atlas Composites are 1 of only 3 composite companies to have attained AS9100 REV C out of the 41 certificates issued in the UK to date. Staff turnover has grown by 15% in the last 3 months. Atlas Composites currently employ 60 staff in a 25,000 square ft production facility.
September 28, 2011 · 64 Views
Goodrich has been selected by Mesa Air Group to provide landing gear maintenance services for its fleet of Bombardier CRJ700 and CRJ900 aircraft. The multi-year agreement will encompass all scheduled repair and overhaul services including the use of Goodrich-owned rotable landing gear assets. Goodrich is the original equipment manufacturer (OEM) of the Bombardier CRJ700 and CRJ900 landing gear.
September 28, 2011 · 70 Views
SkyTeam, the global airline alliance, welcomed China Airlines as its 15th member at a joining ceremony held in Taipei. The flag carrier of Taiwan and one of the world’s leading cargo carriers, China Airlines becomes the first Taiwanese airline to join SkyTeam. From its hub in Taipei, one of Asia’s strongest economies, China Airlines operates a diverse passenger and cargo network throughout the wider Asia pacific region, North America and Europe, with a total of 224 daily departures to 80 destinations worldwide. The new member also brings three new destinations to the SkyTeam network: Okinawa and Miyazaki, Japan; and Surabaya, Indonesia.
September 28, 2011 · 63 Views
Avianca, part of the airline group AviancaTaca Holdings, has signed a firm order for four Airbus A330-200 Freighter aircraft. The new aircraft will be operated by Avianca’s cargo subsidiary Tampa. Avianca will announce its engine choice at a later date. The A330-200 Freighter will replace Tampa’s current cargo fleet and play a key role in expanding Avianca’s international cargo business. The order will make Avianca the first operator to receive the A330-200 Freighter in Latin America. AviancaTaca and its subsidiaries already operate seven A330-200 passenger aircraft and 81 A320 Family aircraft.
September 28, 2011 · 65 Views
COMAC Shanghai Aircraft Manufacturing Co. (SAMC) signed a 1o-year Boeing 737 Horizontal Stabilizer contract with Boeing and AVIC International Holding Corporation. The contract represents the largest deal and covers the longest period so far that Boeing has ever entered into with a Chinese supplier.
September 28, 2011 · 59 Views
Rheinland Air Service (RAS), Europe’s independently-owned regional aircraft MRO organization, reported its recent facility expansion – plus its all-new ATR approval. Centrally based at Düsseldorf’s Moenchengladbach Airport, RAS is an EASA Part 145 and Part 21 approved organization. The company, which also holds approvals from Russia and Bermuda, focuses on base maintenance for the ATR 42/72 series. Additionally, RAS is authorized on the Boeing 737 series, the Airbus A320 family, Bombardier Dash 8s, Jetstream 31/41, and Fokker 50 aircraft. RAS’ new and expanded facilities at its Moenchengladbach home base can simultaneously accommodate up to six ATR aircraft. The RAS facility now includes 400m² of workshop space; 200m² of office space; 400m² of parts storage space, a new paint shop; plus 200m² of staff space. Representing an investment of $1 million, the expansion that finished in early 2011 added an additional 1,200m² to the already 4,000m² RAS facility.
Furthermore RAS received ATR Repair and Overhaul approval certificate for Flight Controls. This approval follows a stringent, just-completed audit of the RAS facility and technicians.
September 29, 2011 · 78 Views
Lockheed Martin officials formally delivered four C-130J Super Hercules airlifters to the State of Qatar, on September 28th, at the Lockheed Martin facility. The Qatar Emiri Air Force’s new Super Hercules are the longer fuselage or “stretched” variant of the C-130J. The aircraft will be used for humanitarian relief and military missions for the defense of the State of Qatar. The new airlift fleet will ferry to Qatar in October.
September 29, 2011 · 74 Views
Bulgaria Air and Lufthansa Technik Sofia have signed a ten-year component supply contract. The Total Component Support TCS comprises local stock in Sofia, as well as access to component pool for Bulgaria Air’s Airbus A319 and A320, as well as for the Boeing 737 Classic fleet. The agreement also contains line and fleet base maintenance for the nine aircraft. Some of the Boeing aircraft are partially operated in Russia. The base maintenance support includes light C-checks and heavy D-check events. Base maintenance is provided directly in the Bulgarian capital Sofia whereas line maintenance services are offered in Sofia, Varna and Burgas.
September 29, 2011 · 53 Views
Oakenhurst Aircraft Services is to provide product support and repair services for the Dlink+ w/CPDLC (Controller Pilot Data Link Communication) system produced by Spectralux Avionics. Dlink+ w/CPDLC is a single LRU (line replaceable unit) system designed to meet the growing data communications requirements of civil and military aircraft operators – and in particular addresses the EUROCONTROL Link 2000+ equipage mandates. Under a newly signed agreement, Rayleigh, Essex, UK-based Oakenhurst will provide year-round, 24-hour, AOG support for Dlink+ as well as exchange units and warranty repairs as the product is fielded more widely. The agreement with Redmond, WA-based Spectralux is with immediate effect and initially covers the UK, Europe, and Ukraine (where Oakenhurst has its own workshop). It may be expanded to other territories.
September 29, 2011 · 53 Views
European turboprop manufacturer ATR and Danish regional aircraft leasing company Nordic Aviation Capital (NAC) signed a contract for the purchase of 10 ATR 72-600s and 2 ATR 72-500s, plus options for 10 additional ATR 72-600s. The total amount of the deal, including options, is valued at $500 million. The 10 firm ATR 72-600s and the options had been previously inked, as Heads of Agreement, by both companies at the Paris Air Show last June, and now confirmed by the final contract signature. With the additional 2 ATR 72-500s, NAC will bring to 103 the total fleet of ATRs in its portfolio. Deliveries of these two ATR 72-500s are scheduled before the end of the year. NAC will start receiving its ATR 72-600s next year.
September 29, 2011 · 60 Views
Boeing’s first P-8I aircraft for the Indian Navy completed its initial flight on September 28th, taking off from Renton Field at 12:02 p.m. Pacific time and landing two hours and 31 minutes later at Boeing Field in Seattle. During the flight, Boeing test pilots performed airborne systems checks including engine accelerations and decelerations and autopilot flight modes, and took the P-8I to a maximum altitude of 41,000 feet prior to landing. In the coming weeks Boeing will begin mission systems installation and checkout work on the aircraft at a company facility near Boeing Field.
September 29, 2011 · 63 Views
GE Aviation and Iberia Maintenance have signed an agreement that will provide Iberia with OEM technical support for its maintenance and repair services on CF34-8C/E engines. This agreement expands Iberia’s current overhaul capability of the CF34 engine family and licenses GE’s engine maintenance technology. Iberia is also working with GE to develop a high-pressure compressor blade repair shop for the CFM56-5 and -7 families. The airline is in the final stages of GE certification.
September 29, 2011 · 54 Views
Finnair plans to improve profitability by streamlining its support and management functions and increasing the efficiency of its marketing and distribution activities. These plans are put in place to improve Finnair’s profitability and are part of Finnair’s goals to reduce annual costs by 140 million euros by 2014. Finnair starts employee consultations in many of its functions including Finance, HR, IT and marketing organization of the airline business. The estimated reduction in workforce is approximately 155 positions. Finnair continues to find new cost saving items across the company. In addition, Finnair aims to reduce operational costs significantly, for example by cutting procurement, marketing and IT spending.
September 29, 2011 · 5 Views
Sabena technics has extended its collaboration with Compagnie Africaine d’Aviation (CAA), the main carrier of the Democratic Republic of Congo (DRC). A year and a half ago, CAA selected Sabena technics as its exclusive maintenance partner for its Airbus A320 fleet and now extended this partnership to support newly acquired Fokker 100 aircraft. Based in Kinshasa, CAA is the first airline in Central Africa to operate Airbus A320 aircraft. To support the growth of the domestic market in DRC, the company operates a fleet of three A320 and will integrate two Fokker 100 aircraft in autumn. Sabena technics’ services to CAA include pool access with advanced standard exchange, component repair management per flying hour, APU support and continuing airworthiness management. The services have also been extended to A320 brakes support from Sabena technics’ Brussels facility.
September 29, 2011 · 56 Views
Air Lease Corporation (ALC) has ordered 2 new ATR 72-600 regional turboprop aircraft. ALC already booked an order in 2010 for 10 ATR 72-600s, plus options for 10 additional aircraft. This latest contract is the conversion of two of these ten options. The two aircraft are valued at a list price of $45 million. Deliveries of these two ATR 72-600s to ALC will occur in the spring of 2013.
September 29, 2011 · 51 Views
Virgin Atlantic and Lufthansa Technik AG significantly extend their business relations by signing a Memorandum of Understanding covering the introduction of a new eight year contract for C-checks and CF6-80 thrust reverser services for the airline’s B747-400 fleet. These contracts are part of current comprehensive negotiations between the two companies to effectively bring together these new agreements within one new general terms agreement (GTA). The new GTA will consist of the thrust reverser services for both the Trent 500 engines of Virgin’s Airbus A340 fleet and also for the CF6-80 engines of the Boeing 747-400 fleet, plus the C-Checks for the thirteen Boeing 747-400s. The C-Checks will be performed at Lufthansa Technik Maintenance International in Frankfurt, whilst the repair and overhaul services for the thrust reversers will be carried out at the airframe related component (ARC) business unit of Lufthansa Technik in Hamburg.
September 29, 2011 · 58 Views
ATR has recorded 145 firm aircraft orders and an additional 72 options since the beginning of the year. The value of these orders is estimated at 3.2 billion dollars (4.8 billion including the options). These figures already represent a new annual record for the European manufacturer of regional turboprop aircraft (previous record; 2007: 113 firm orders and 26 options). These 145 firm orders represent over 80% of all regional aircraft sales (from 50 to 90-seats) since the beginning of the year. ATR has registered 34% of these orders with six new customers. At the same time, these 145 airplanes have enabled ATR to reach a new record for its order book, which has grown to 275 aircraft and is valued at 6.2 billion dollars. This backlog represents nearly 4 years of production. It also represents 68% of the total backlog of 50 to 90-seat regional aircraft, thereby confirming the renewed interest in turboprop technology.
September 29, 2011 · 56 Views
Monarch Aircraft Engineering (MAEL) has signed a line maintenance technical handling agreement with Turkish Airlines. The agreement will see MAELs team provide support to the Turkish operators twice weekly flights into Gatwick for their Airbus A310 freighter fleet.
September 29, 2011 · 57 Views
ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China (ICBC), signed a Memorandum of Understanding with CFM International to purchase CFM56-5B engines to power a new fleet of 22 firm Airbus A320 family aircraft. The firm engine order, which includes three spare engines, is potentially valued at more than $450 million U.S. at list price and the leasing company is scheduled to begin taking deliver in 2012. All of ICBC’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which will become the new production standard, is on schedule for certification and entry into service by the end of 2011.
Defined as a first trial by China State Council, ICBC Financial Leasing Co. is the first banking financial leasing company approved by the China Banking Regulatory Commission. The company is fully owned by the Industrial and Commercial Bank of China and its current asset values approximately $12 billion U.S.
September 29, 2011 · 52 Views
Lufthansa’s Supervisory Board has approved the purchase of additional Airbus aircraft. The aircraft comprise two A380s, four A320s and one A330-300. These additional orders reflect the strong demand across Lufthansa’s network for an efficient family of aircraft. Nico Buchholz, Executive Vice President Lufthansa Group Fleet Management said: “I am delighted that this additional order will enable us to secure the development of our short, medium and long-haul fleets. It is the next logical step in our strategy of ongoing fleet modernisation with regard to fuel efficiency, operating costs, noise and emissions.”