Saturday, March 24, 2012
AviTrader Daily Aviation News Alert
This is an overview of all articles linked within the selected daily newsletter.
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December 6, 2016 · 144 Views
Before his inauguration, Donald Trump, the U.S. President Elect, is already creating waves over the current deal for Boeing to provide two new and modified 747s as Air Force One presidential jets. Boeing had set a budget of approximately US$3.2 billion to cover from 2010 through to 2020, US$2 billion of which was for research and development.
In 2015 the Undersecretary of Defense approved the plan to replace Air Force One with the new jets by 2024. In January and July this year, the Air Force signed deals with Boeing to design certain aspects of the new presidential aircraft, including the interior, electrical and power system, and maintenance systems. The two current Air Force One planes, VC-25s which are military versions of 747-200s, have been in service since 1990 when delivered to the then president, Ronal Reagan. Today the planes are described as “obsolete”.
On Tuesday of this week, President Elect Trump called for the cancellation of the deal with Boeing to develop new aircraft, citing different budget costs, but without providing any evidence. In a Tweet, he said: “Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!” after which he told reporters at Trump Tower, “The plane is totally out of control. It’s going to be over $4 billion for Air Force One program and I think it’s ridiculous. I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money.”
According to Boeing, the current deal for Air Force one’s development is worth US$170 million, stating that “We look forward to working with the U.S. Air Force on subsequent phases of the program allowing us to deliver the best planes for the president at the best value for the American taxpayer.”
An Air Force spokesman has indicated that the military is preparing a statement on Trump’s outburst and why it believes the replacements are necessary. The Air Force had pledged to “keep costs down” when it awarded the initial development contract to Boeing in January, making it clear that the replacements were necessary. Col. Amy McCain, manager of the Presidential Aircraft Recapitalization program, said in a statement at that time: “Parts obsolescence, diminishing manufacturing sources and increased downtimes for maintenance are existing challenges that will increase until a new aircraft is fielded.”
According to Richard Aboulafia, an aviation analyst at the Teal Group, anything in the US$3 billion to US$4 billion range would be reasonable, and a belief otherwise is “completely ignorant.” He then went on to say that “This is the wrong place to talk about cost control. People aren’t upset in Washington about a relatively small program being canceled. They’re upset we have a president who doesn’t understand what is needed to be president.”
March 22, 2012 · 81 Views
Sharjah, U.A.E. based AVIAHELP offers Middle East helicopter operators the opportunity to purchase authentic spares for Russian MI-8/MI-17 helicopters. AVIAHELP extended its helicopter spares range with transmission components and parts for instrumentation and anti-icing systems. AVIAHELP ASIA maintains close long-term business contacts with Russian helicopter original equipment manufacturers. Highly-skilled staff offers helicopter operators current spare part stocks in demand in SAIF-Zone (Sharjah Airport International Free Zone), with the possibility of urgent delivery from Russia. AVIAHELP has got almost 15-years of experience in aircraft and helicopter spare parts supply.
March 22, 2012 · 111 Views
Dublin based aircraft lessor AWAS, has appointed Chris Monks Vice President Powerplant as part of the Technical & Asset Management team. Mr. Monks had previously held the title of Powerplant Director at AWAS, having joined the company in November 2010 from Ryanair where he was Power Plant Manager, responsible for the Ryanair fleet of engines.
March 22, 2012 · 80 Views
GA Telesis announced that in conjunction with its current operations, that provide maintenance services for defense and government customers, it has expanded its service offerings to include component support solutions for defense and government applications. The new operation will have its principal headquarters in Ft. Lauderdale, Florida. “We are now able to provide our military and government customers a dependable choice for a significant amount of their component solutions and maintenance needs,” stated Abdol Moabery, Chief Executive Officer of GA Telesis. “Our track record reflects our ability to quickly integrate into this sector, but we will also initiate a mergers and acquisitions strategy to enable us to make the greatest possible impact.” he added.
March 22, 2012 · 78 Views
STS Component Solutions reported the establishment of a new office in the UK. This new office will support its growing global customer base and strategic growth plans in Europe, Africa and the Middle East. David Ikeda will head up this new hub for these geographical markets as the Director of Business Development for Europe, Africa and the Middle East.
March 22, 2012 · 79 Views
Flying Colours, a leading global aviation service company specialising in aircraft completions, maintenance and refurbishments, has completed and delivered its first turboprop Blackhawk modification, following the signing of a service agreement with Blackhawk Modifications at the NBAA 2011 conference.
March 22, 2012 · 78 Views
Lufthansa Technik Group, one of the world’s leading providers of technical services for aircraft, ended fiscal 2011 with a slight increase in revenue despite a difficult market. Revenue grew by 1.9% to €4.1bn. In spite of continued pressure on costs, the company’s result fell only slightly below the good result of the previous year. The annual report of the 21 consolidated Lufthansa Technik Group companies shows an operating result of €257m. “Considering the tense economic situation of many airlines, the revenue decline in some markets, and the negative effect on growth in customer business brought about by the valuation of the dollar, Lufthansa Technik maintained its course well in 2011,” said August Wilhelm Henningsen, CEO of Lufthansa Technik AG.
March 22, 2012 · 130 Views
Langenhagen-based MTU Maintenance Hannover will have a new man at the helm: Holger Sindemann has been appointed its Managing Director & Senior Vice President, effective May 1. Sindemann takes over from Dr. Martin Funk, who has led the largest of MTU Maintenance’s companies for almost three years and will now be pursuing new challenges. Since July 2008, Holger Sindemann has been the chief executive of MTU Maintenance Zhuhai, a joint venture with Chinese carrier China Southern Airlines.
March 22, 2012 · 97 Views
Boeing, Airbus and Embraer signed a memorandum of understanding to work together on the development of drop-in, affordable aviation biofuels. The three leading airframe manufacturers agreed to seek collaborative opportunities to speak in unity to government, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources. Boeing Commercial Airplanes President and CEO Jim Albaugh, Airbus President and CEO Tom Enders, and Embraer Commercial Aviation President Paulo Cesar Silva, signed the agreement at the Air Transport Action Group (ATAG) Aviation and Environment Summit in Geneva.
“There are times to compete and there are times to cooperate,” said Jim Albaugh. “Two of the biggest threats to our industry are the price of oil and the impact of commercial air travel on our environment. By working with Airbus and Embraer on sustainable biofuels, we can accelerate their availability and reduce our industry’s impacts on the planet we share.”
“We’ve achieved a lot in the last ten years in reducing our industry’s CO2 footprint – a 45% traffic growth with only 3% more fuel consumption,” said Tom Enders. “The production and use of sustainable quantities of aviation biofuels is key to meeting our industry’s ambitious CO2 reduction targets and we are helping to do this through Research and Technology our expanding network of worldwide value chains and supporting the EU commission towards its target of 4% of biofuel for aviation by 2020.”
“We are all committed to take a leading role in the development of technology programs that will facilitate aviation biofuels development and actual application faster than if we were doing it independently,” said Paulo Cesar Silva. “Few people know that Brazil’s well known automotive biofuels program started within our aeronautical research community, back in the seventies, and we will keep on making history.”
March 23, 2012 · 76 Views
The Sabena technics board of directors appointed Rodolphe Marchais Chairman of the Board and Chief Executive Officer. Following his appointment, Rodolphe Marchais named Jean-Luc Fournel Chief Operating Officer Customers, Philippe Rochet Chief Operating Officer Production, and Stéphane Burton Chief Operating Officer Supply Chain & Support. At the General meeting of Sabena technics’ shareholders, TAT Group has decided to change the by-laws governing its subsidiary. By this decision, Sabena technics is transformed from a limited liability company with executive and supervisory boards (société à directoire et conseil de surveillance) into a limited liability company with board of directors (société anonyme à conseil d’administration).
March 23, 2012 · 81 Views
El Al Israel Airlines presented the financial reports for the 2011 financial year and for the fourth quarter of 2011. Revenues for the year totaled $2,043.2m compared to $1,972.2m last year, an increase of about 4%. Revenues from cargo operations increased by about 8%, as a result of the increased freight carried and the revenue per ton-kilometer. Operating expenses in 2011 totaled $1,764.9m, compared to $1,584.6m last year, an increase of about 11%. Gross profits for this year totaled $278.3m (a ratio of about 13.6% on turnover), compared to $387.7m last year (a ratio of about 19.7% on turnover). Net loss for 2011 totaled $49.4m, compared to profits of about $57m in 2010. Cash flow from regular activities for the year ending 31st December 2011 totaled $61.9m, compared to a cash flow from regular activities of $203.3m in 2010.
Revenues for the 4th quarter of 2011 totaled $485.4m, an increase of about 1%, compared to the 4th quarter of last year. Net revenues from passengers increased by about 1.5%, while cargo revenues dropped because as of June 2011, only one cargo aircraft was in operation. Operating expenses totaled $402.4m (a ratio of about 82.9% on turnover) compared to $393.8m in the parallel quarter of 2010 (a ratio of about 81.9% on turnover) – an increase of about 2.2%. This was largely the result of increased expenditure on aviation fuel, because of the increase in market prices compared to in the parallel period last year. Gross profits totaled $83.0m, (a ratio of about 17.1% on turnover), compared to $87.2m in the parallel quarter last year (a ratio of 18.1% on turnover). Losses for the quarter totaled $7.8m, compared to profits of $16.3m in the parallel quarter last year.
March 23, 2012 · 184 Views
Atlantic Airways, the national carrier of the Faroe Islands has taken delivery of its Airbus A319 as part of its plan to increase its capacity, becoming Airbus’ newest operator, equipped with CFM engines. The aircraft is configured in a single economy class layout with 144 seats. All passengers will benefit from state-of-art mood lighting and drop-down screens throughout the cabin. It will be deployed on route from Faroe Islands to Copenhagen, Denmark.
March 23, 2012 · 74 Views
Bombardier Aerospace has strengthened its strategic alliance with Fokker Services to increase the availability and reduce the cost of spare parts for operators of its out-of-production Dash 8/Q-Series 100/200/300 aircraft. Under the agreement, Fokker Services has secured inventory from Bombardier. The initial inventory block was sold to Fokker Services for worldwide distribution in November and encompasses more than 2,600 part numbers. Bombardier will also continue to market and sell Dash 8/Q-Series 100/200/300 parts to operators worldwide.
March 23, 2012 · 101 Views
Bombardier Aerospace announced the appointment of Albert K. Li as General Manager and Head of Bombardier Aerospace China effective April 2, 2012. Born in Hong Kong, Mr. Li holds a Bachelor of Applied Science in Mechanical Engineering and a Master of Business Administration (Finance) from the University of Toronto. Since 1988, Mr. Li has held positions of increasing responsibility with the Ford Motor Company, most recently as President, Ford Lio Ho Motor.
March 23, 2012 · 72 Views
Rolls-Royce has received recent contracts exceeding $275 million to provide support services for the US Armed Services. Rolls-Royce will provide Mission Care service support for AE 1107C, AE 2100 and T56 engines which power a variety of US aircraft, including the V-22, C-130, P-3 and C-2 in operation with the US Air Force, Navy and Marines. The contracts cover work to be delivered in 2012 and 2013.
March 23, 2012 · 84 Views
Malaysian airline Firefly has selected Messier-Bugatti-Dowty to supply wheels and carbon brakes for its Boeing Next-Generation 737 fleet. The contract covers a total of 63 Boeing 737-800 twinjets, either new or to be retrofitted. Messier-Bugatti- Dowty offers a certified carbon brake for all models in the Boeing Next-Generation 737 family, as original equipment or for retrofit. To date, Messier-Bugatti-Dowty has recorded commitments to equip 750 airplanes.