Tuesday, July 26, 2011

AviTrader Daily Aviation News Alert

This is an overview of all articles linked within the selected daily newsletter.
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Passenger baggage real-time tracking has potential to save air transport industry US$3 billion

October 21, 2016 · 940 Views

As a result of a number of trials and the disclosure from Delta Airlines, which already employs real-time tracking on passengers’ luggage providing a 99% success rate in bag tracking, global IT provider SITA and the Air Transport Association (IATA) have revealed that if further adopted, the air traffic industry could reduce the number of instances by 25% and save up to $US3 billion.
Baggage tracking is done through the implementation of Radio Frequency Identification (RFID) technology which will enable baggage to be tracked in real time across critical parts of a journey, particularly where passengers are changing flights. The ‘smart’ technology being used will also support IATA’s Resolution 753 that will require each airline to track every item of passenger baggage from the start to finish of a journey.
Smart technology is already being used in baggage handling, and this has already seen a 50% drop in the number of mishandled items from a record high of 46.9 million items in 2007, despite the substantial increase in the number of airline passengers.
According to Jim Peters, Chief Technology Officer at SITA, “The airline industry is at the brink of a revolution in baggage tracking. Deploying RFID globally will increase accuracy and reduce mishandling rates. This is a win-win situation – passengers will be happier, operations will run smoother and airlines will save billions of dollars.”
It is expected that RFID capabilities could be implemented for as little US$0.1 per passenger, while creating savings of more than US$0.2 per passenger. This technology is compatible with existing barcode technology, so the adoption of RFID across all airports should benefit passengers and airlines alike.
SITA’s and IATA’s projections are based on RFID being deployed in 722 airports (95% of global passenger numbers) over a six-year period from 2016 to 2021, though the savings have been calculated over seven years.

DVB finances a portfolio of five widebody aircraft for Guggenheim Aviation Partners

July 25, 2011 · 57 Views

DVB Bank reported the successful closing of two separate finance facilities with Guggenheim Aviation Partners (Guggenheim) for two A330-200 aircraft on lease to Jet Airways (India) and three B777-200ER aircraft on lease to American Airlines.
The finance facility for the two A330-200 aircraft on lease to Jet Airways closed in late March. Both aircraft were delivered new to Jet Airways in 2008 and were subject to a sale/leaseback with Guggenheim’s managed fund. The finance facility for three B777-200ER aircraft on lease to American Airlines closed in early June. The aircraft were originally delivered to American from 2000 to 2002 and were also subject to a sale/leaseback earlier this year with the Guggenheim fund. DVB Bank provided a back leveraging of this acquisition by the Guggenheim fund.

Avio presents new logo

July 25, 2011 · 50 Views

Avio looks to the future and, as a tangible sign of its thrust for innovation, adopts a new logo. The Group, a leader in propulsion systems, is involved in increasingly challenging industrial projects, such as the next generation aeroengines, expansion in the Chinese market and the Vega satellite launcher, to mention but a few. The new logo chosen for the renewal of its identity reflects the Company’s strong forward-looking attitude while providing a link to its extraordinary past.

B/E Aerospace second quarter 2011 results exceed expectations

July 25, 2011 · 72 Views

B/E Aerospace reported that second quarter 2011 revenues of $608.9 million increased $125.0 million as compared with the same period of the prior year. Second quarter 2011 results reflect the acquisitions of TSI Group, Satair A/S’s aerospace fastener distribution business and LaSalle Lighting (recent acquisitions). Revenue growth for the second quarter of 2011, excluding recent acquisitions from both periods, was approximately 12.8%. Second quarter 2011 operating earnings of $106.7 million increased 35.4% on the aforementioned 25.8% increase in revenues. Operating margin was 17.5% and expanded 120 basis points as compared with the prior year period. Operating earnings growth and operating margin expansion were driven by the higher sales volume, improved revenue mix and ongoing operational efficiency initiatives.  Second quarter 2011 net earnings were $54.8 million.

Southern Air signs ACMI agreement with Saudi Arabian Airlines

July 25, 2011 · 70 Views

Southern Air and Saudi Arabian Airlines have signed a definitive agreement under which Southern Air will operate one Boeing 747 freighter on behalf of Saudi Airlines Cargo on an ACMI basis (aircraft, crew, maintenance and insurance).  The aircraft will begin to be operated for Saudi Airlines Cargo in July 2011 and will be painted in its livery.

Phenom 300 receives type certification in Australia

July 25, 2011 · 106 Views

Embraer has received Type Certification (TC) from Australia’s Civil Aviation Safety Authority (CASA), for the Phenom 300 light jet to operate in the country. Frst certified in December 2009 by Brazil’s National Civil Aviation Agency (Agência Nacional de Aviação Civil – ANAC) and the U.S. Federal Aviation Administration (FAA), the Phenom 300 is now accepted in almost 40 countries including Indonesia, Austria, Denmark, France, Morocco, the United Kingdom, South Africa and the United Arab Emirates, amongst others.

Embraer Defense and Security chooses V2500-E5 engine for KC-390 Transport

July 25, 2011 · 60 Views

Embraer Defense and Security has selected the V2500-E5 engine, manufactured by International Aero Engines AG (IAE), to equip the KC-390 military transport jet. The first deliveries of the V2500-E5 engines for the KC-390 prototypes are scheduled for 2013, and the flight tests for 2014. The aircraft should go into service in 2015.

Rockwell Collins unveils touch-control flight displays for business jets and turboprop aircraft

July 25, 2011 · 53 Views

Rockwell Collins unveiled the industry’s first touch-control primary flight displays for business jets and turboprop aircraft, which will be available on future applications of the company’s Pro Line Fusion avionics system. The announcement was made at the 59th Annual Experimental Aircraft Association (EAA) AirVenture in Oshkosh.

“These displays demonstrate our focus on empowering pilots with natural head-up, eyes-forward interfaces,” said Colin Mahoney, vice president of Sales and Marketing for Rockwell Collins. “Touch-controlled, icon-based controls on the main displays help keep pilots’ attention focused up and forward for safer and more efficient flying.”

Messier-Bugatti-Dowty strengthens partnership with Airbus

July 25, 2011 · 124 Views

Messier-Bugatti-Dowty (Safran group) reported the extension of its supply relationship with Airbus for the nose and main landing gears of the single aisle program to include the contract award of the A320neo family. As the incumbent landing gear supplier for the A320 family, Messier-Bugatti-Dowty will progressively offer enhancements to current single aisle landing gears starting in 2014, in order to ensure a seamless transition into A320neo family deliveries, scheduled for entry in service in 2015. Direct benefits to operators include greater reliability and an extended service interval of 12 years between overhauls.

To date, Messier-Bugatti-Dowty has delivered 4,800 landing gears for the A320 family. The company’s global industrial network delivers 38 shipsets per month to Airbus Final Assembly Lines in Toulouse, Hamburg and in China. Messier-Bugatti-Dowty supplies landing gear to all Airbus families in service or in development, including the entire A330/A340 family, A380 nose landing gear and A350-800/900 main landing gears.