Wednesday, July 27, 2011
AviTrader Daily Aviation News Alert
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Rolls-Royce wins order from CIT to power 23 aircraft
May 22, 2013
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.
Embraer Launches “E2″, the Second Generation of E-Jets
June 17, 2013
Embraer announced the launch of the second generation of its E-Jets family of commercial aircraft, named the E-Jets E2 and comprising three new airplanes – E175-E2, E190-E2, and E195-E2. The E190-E2 is expected to enter service in the first half of 2018. The E195-E2 is slated to enter service in 2019 and the E175-E2 in 2020. In a typical single-class layout, the E175-E2 was extended by one seat row, compared to the current generation E175, and will seat up to 88 passengers, while the E190-E2 keeps the same size as the E190, of up to 106 seats. The E195-E2, compared to the current E195, has grown three seat rows and will accommodate up to 132 seats.”Our strategy is to offer all the benefits of a clean-sheet design, but with the reliability of a mature platform and commonality with current generation E-Jets,” said Paulo Cesar Silva, President & CEO, Embraer Commercial Aviation, “We have been continually investing in the E-Jets program, so that our customers can stay competitive with aircraft that have the lowest operating costs and the highest passenger appeal, today and in the future. I’m confident that with our mature global support network, the compelling operating economics, and the benchmark cabins of the airplanes, both existing and prospective customers will recognize the benefits of the E-Jets E2.” The application of advanced technologies for engines, wings, and avionics distinguishes the E-Jets E2 by providing airlines with maximum efficiency gains and no compromises, while maintaining commonality with current E-Jets. New aerodynamically advanced, high-aspect ratio, distinctively shaped wings, improved systems and avionics, including 4th generation full fly-by-wire flight controls, and Pratt & Whitney’s PurePower Geared Turbofan high by-pass ratio engines (PW1700G on the E175-E2, PW1900G on the E190-E2 and E195-E2) will result in double-digit reductions in fuel consumption, emissions, noise and maintenance costs, and increased aircraft availability. The E-Jets E2 will be capable of achieving similar costs per seat of larger re-engined narrowbody aircraft, with significantly lower costs per trip, thus creating new opportunities for lower risk development of new markets and fleet right-sizing by airlines.
DVB finances a portfolio of five widebody aircraft for Guggenheim Aviation Partners
July 25, 2011
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
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
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
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
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
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
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
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.
Japan Airlines selects Hamilton Sundstrand for 787 maintenance support
July 26, 2011
Japan Airlines (JAL) has selected Hamilton Sundstrand Corporation to provide a total supply chain maintenance solution for its systems on JAL’s fleet of 35 Boeing 787 aircraft. The maintenance support agreement lasts for 10 years with an option to extend for an additional 10 years. The value of the agreement and extension option is projected to be worth approximately $350 million. Under the agreement, Hamilton Sundstrand will provide inventory support services, repair services, logistics, and technical cooperation for the electric power system, air management system, nitrogen generation system, emergency power system, and primary and remote power distribution systems of JAL’s 787 fleet. This agreement expands upon Hamilton Sundstrand’s existing On Site Support program, which provides spare parts support on a variety of aircraft that comprise the JAL fleet.
Rockwell Collins awarded contract for KC-10 CNS/ATM cockpit upgrade program
July 26, 2011
The U.S. Air Force has awarded Rockwell Collins a contract to provide systems integration and avionics for the KC-10 Communication, Navigation, Surveillance/Air Traffic Management (CNS/ATM) Cockpit Modernization Program. The contract, valued at more than $160 million over the life of the program, calls for Rockwell Collins to provide the flight management system, displays, data link communications and surveillance capabilities.
With this award, Rockwell Collins is now the primary avionics provider for all U.S. Air Force tankers, building on its strong tradition of success providing integrated avionics solutions for military aircraft. By leveraging key avionics and communications developments across the company’s commercial and military businesses and applying commercial-off-the-shelf technology along with an open systems approach, Rockwell Collins is able to provide its customers with best value solutions.
JetBlue announces second quarter results
July 26, 2011
JetBlue Airways reported its results for the second quarter 2011. Operating income for the quarter was $86 million, resulting in a 7.5% operating margin, compared to operating income of $95 million and a 10.2% operating margin in the second quarter of 2010. Pre-tax income of $43 million in the second quarter compares to pre-tax income of $52 million in the second quarter of 2010. Net income for the second quarter was $25 million compared to JetBlue’s second quarter 2010 net income of $31 million.
Warwickshire & Northamptonshire Air Ambulance signs contract for two AW169 helicopters
July 26, 2011
Warwickshire & Northamptonshire Air Ambulance (WNAA) has signed a preliminary sale contract for two AW169 helicopters. The aircraft will be delivered in 2015 specially configured for the WNAA’s air ambulance mission requirements. The contract marks the entrance of the AW169 into the UK public service market and represents another success for the all new AW169 model, just a few months after its commercial launch earlier this year.
IAG signs firm order for eight wide-body Airbus A330-300s
July 26, 2011
IAG has confirmed the firm order of eight of Airbus’ eco-efficient A330 Family aircraft for Iberia’s fleet following the preliminary Memorandum of Understanding signed earlier this year. The A330 will be Iberia’s only twin engine wide body aircraft, and will fit perfectly into its existing Airbus fleet, given the unique commonality between the Airbus’ short haul and long haul family of aircraft. General Electric (GE CF6-80E1) engines have been selected to power the A330.
Boeing names VP to grow Defense business in India
July 26, 2011
Boeing announced that Dennis D. Swanson has been named International Business Development vice president for Boeing Defense, Space & Security (BDS) in India. In this position, Swanson is responsible for growing BDS business in India, including ensuring delivery on customer commitments, further strengthening relationships with industry partners and meeting India’s emerging security needs.
Vueling makes profit of 3.6 million euros in second quarter of 2011
July 26, 2011
Vueling reported that it made a net profit of 3.6 million euros in the second quarter of 2011. Despite the sharp increase in the price of fuel (+51% compared with the same period of last year), Vueling managed to make a net profit of 3.6 million euros. EBIT was also positive, totalling 4.2 million euros, an EBIT margin of 2%.
