Daily2018-02-20
Follow-Us-Facebook
Follow Linkedin
Follow Twitter

LATEST NEWS

Wednesday, March 4th, 2020

Impact of Coronavirus to worsen according to European aviation bosses

While predicting greater stability in the number of bookings over the next few weeks, those at the helm of major European Airlines, including Ryanair boss Michael O’Leary, head of IAG – Willie Walsh and easyJet’s CEO Johan Lundgren, have seen a considerable tail-off in demand for flights to certain locations owing to the worldwide spread of coronavirus (COVID-19).

Flights to Italy, home to Europe’s largest outbreak of the disease, have been hardest hit, though if demand follows a similar pattern to that of Asia, that too should stabilize. O’Leary was confident that if the current crisis stabilizes, bookings will soon recover, hinting at the fact that Ryanair would not be afraid to discount summer prices to kick-start the season. While chiefs from Airbus and Boeing, the world’s two largest plane manufacturers, have said that it was too early to say how or if the outbreak of COVID-19 was affecting aircraft sales, both Walsh and O’Leary agreed that if the price was cheap enough, there would always be demand for aircraft.

Lufthansa has been particularly hard hit by the disease outbreak with over a quarter of its short-haul fleet being grounded. Additionally, carriers have turned to the International Air Transport Association (IATA) to relax rules if carriers cancel aircraft routes for a prolonged period of time, rules which can see the loss of the landing and take-off slot. Meantime, IAG’s Willie Walsh has been quick to suggest that any airlines left struggling, financially, as a result of the COVID-19 outbreak should not be allowed to receive any governmental aid, though easyJet’s Johan Lundgren was of the opposite opinion. 

PEN_01

GA Telesis MRO Services Group receives B737NG landing gear certification from FAA

GA Telesis' MRO Services Group has received its Boeing 737NG landing gear certification from the United States Federal Aviation Administration.

This new rating allows GA Telesis MRO Services to repair and overhaul Boeing 737NG landing gears. The Company has elected to make a substantial investment in growing its MRO Services footprint and will invest in the latest equipment, tooling, and plating technologies available for current and future generation aircraft models.

Landing gear repairs and overhauls for this aircraft type will be carried out in the Miami facility located across from Miami International Airport and will support Florida Governor Ron DeSantis’ job creation initiatives creating a significant number of new high-tech jobs.

SRT_04

Recaro Aircraft Seating equips Vistara’s first Boeing 787-9 aircraft

Vistara has ordered Recaro seats for its premium-economy and economy- class cabins on its brand-new fleet of Boeing 787-9 Dreamliners, which began delivery at the end of February. This makes Vistara the first Indian airline with a Boeing 787-9 Dreamliner.

Recaro Aircraft Seating has installed its PL3530 premium-economy and CL3710 economy-class seats on Vistara’s first Boeing 787-9 Dreamliner.

“Recaro is always looking to expand its footprint and this is a fantastic opportunity to collaborate with a new partner,” said Dr. Mark Hiller, CEO and Shareholder at Recaro Aircraft Seating. “There can be a lot of challenges when entering a new market, but having a strong partner can make all the difference.”

SAS to reduce part of short haul network capacity

As an effect of the COVID-19 outbreak and global measures taken to mitigate the spread of the virus, the demand for international air travel has been affected.

In response to the lower demand, SAS will in the next couple of months seek to reduce part of its short haul network capacity. Furthermore, and in addition to the already suspended flights to/from Mainland China, SAS will suspend flights to Hong Kong from March 5.

In order to mitigate the revenue impact from the reduced demand, SAS is pursuing a number of cost reduction initiatives. In the short term, reduced capacity will lower flight related costs, such as jet fuel, airport and other fees. SAS is also implementing other measures such as cuts in administration and personnel expenses, implementation of hiring freeze, and postponement of non-critical projects, marketing and promotional campaigns. Measures related to personnel expenses may include temporary layoffs, voluntary leave, early retirement or other initiatives.

Given the uncertainty surrounding the outbreak and its impact on overall demand for air travel, SAS withdraws its fiscal year 2020 guidance provided to the market on December 5, 2019. At this stage, it is too early to assess the full impact on SAS operations and financial outcome and therefore not possible to give a more accurate guidance.

AAR_06

Farnborough Airport appoints new Business Development Manager

Farnborough Airport has appointed a new Business Development Manager, Richard Wittels, effective immediately.

Wittels brings to this position over 14 years of experience in the business aviation industry through his work at TAG Aviation U.K. He will be responsible for identifying opportunities aimed at further developing the business and will also focus on demonstrating to the industry and customers, the complete portfolio of services and facilities available at the airport.

Vistara selects Sabre’s intelligent planning and scheduling technology

Sabre Corporation, a leading software and technology company powering the global travel industry, has signed an agreement with Asia Pacific’s Regional Airline Vistara.

This new deal will enable the Indian carrier to  optimize its partnerships with other airlines while enhancing its scheduling capabilities using components of the Sabre Commercial Platform. The full-service carrier, which operates on domestic India routes as well as international flights to Singapore, Bangkok, Dubai, Colombo and Kathmandu, has adopted Sabre Codeshare Manager and partner solution Sabre Schedule Manager.

FAI grows jet fleet to 27 with addition of second Premier 1A aircraft

German Special Mission and VIP-Charter Operator FAI rent-a-jet AG, part of FAI Aviation Group, has acquired its second Premier 1A jet aircraft (MSN RB-196, D-IVAG) on behalf of a corporate client. It is anticipated that the Premier 1A will enter turnkey charter operations under management contract in June following a carbon fibre style full cabin refurbishment and new exterior designer paint. This
latest addition will bring the company’s fleet of jet aircraft to 27.

The Premier 1A light jet provides comfort for up to six passengers and will feature a well-appointed, light grey leather interior in a four-seat club configuration and two aft chairs. In addition, onboard Wi-Fi internet/VoIP will be provided by Gogo´s Aviator 200 system.

GAT_17

TLX Cargo launches COVID-19 viral barrier cargo cover

TLX Cargo, part of TLX Insulation, a technology leader in cool chain fabrics, launches world’s first cargo cover to be built from viral barrier material to aid in the fight against coronavirus (COVID-19).

The TLX WEB15 cover fabric aims to seal cargo against viruses during transportation. Says Commercial Director, Thomas Hunt: "Our clients have been faced with the problem that although they can control their products against viral contamination within their premises, they are unable to assure their customers that the container itself is not contaminated. We took the problem to our partner company Web Dynamics, who have over twenty- years experience in manufacturing viral barrier materials. The result of these discussions is TLX WEB15, a breathable, waterproof, cargo cover built from viral barrier material, that we are now able to offer our customers world-wide."

The material has passed testing by Nelson Laboratories in Salt Lake City, USA, the world’s leading laboratory for viral barrier testing. The Web 15 fabric used in this new cover passed the Nelson test when the bacteriophage applied at a pressure of 14 kPa (2 pounds per square inch) failed to permeate from one side of the material to the other.

The TLX WEB15 cargo cover is a two part system involving a cover and base, sealed with tape. There is no stitching in the product.
The cover, that exhausts water vapor, uses material that is a barrier to viruses between 0.1 – 0.2 microns. This enables our customers to deliver their product confident that each pallet load is transported and delivered under controlled conditions irrespective of the external environment.

BOM_02

BAA Training and L3Harris Technologies sign multimillion-dollar deal

Aviation training center BAA Training and L3Harris Technologies, a global aerospace and defense technology innovator, have signed a multimillion-dollar contract under which BAA Training will acquire nine RealitySeven full flight simulators.

Fulfilling its global expansion plan, BAA Training shall put into operation nine full flight simulators from both the Boeing and Airbus aircraft family, including Boeing 737NG, Airbus A320neo, and other types, in two phases. The first four full flight simulators are scheduled to be assembled, approved and ready for training in nine - twelve months, and will be placed at BAA Training headquarters in Vilnius and BAA Training Spain, training center in Barcelona. 

The second phase will be implemented by the first quarter of 2022, placing the remaining five full flight simulators at BAA Training centers in Spain, Vietnam and Italy, where BAA Training is also set to open a training center. 

According to market specialists, the share of narrow-body aircraft in the global fleet will increase from 58% to 66% just by 2029. Furthermore, Boeing and Airbus will present 98% of all narrow-bodies delivered.

AviTrader_Weekly_Headline_News_Cover_2020-03-02

click here to download the latest PDF edition

AviTrader_Monthly_MRO_e-Magazine_Cover_2020-02

click here to download the latest PDF edition

click here to subscribe to our other free publications

AIRCRAFT & ENGINE MARKETPLACE

click here to view in PDF aircraft and engines available for sale and lease

UPCOMING EVENTS

Operating Lease & Aviation Finance Seminar 2020
March 24 - 26, 2020 - London, UK

Technical Aspects of a Leased Asset 2020
April 21, 2020 - Amsterdam, Netherlands

Maintenance Reserves Seminar 2020
April 22, 2020 - Amsterdam, Netherlands

Follow Twitter
Follow Linkedin
Follow-Us-Facebook
Interested in advertising with AviTrader?

Tamar Jorssen
Vice President Sales & Business Development
Email: tamar.jorssen@avitrader.com
North America Toll-Free: +1 (833) 258 8543
Outside North America: +1 (788) 213 8543
Tamar