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Wednesday, July 8th, 2020

Additional major blow to 737 MAX as Avolon cancels orders for 27 of the troubled jets

Within a week of Norwegian Air Shuttle cancelling an order for 92 of the 737 MAX, aircraft lessor BOC Aviation cancelling an order for 30 of the jets and subsequent to its April cancellation of 75 ordered 737 MAX jets, aircraft lessor Avolon has announced it is cancelling orders for a further 27 of the aircraft.

The Ireland-based lessor has cut its near-term commitments by more than 140 aircraft since the beginning of the year. While the 737 MAX has remained grounded since March 2019 after two fatal crashes while it looks to fix identified problems and obtain the required certification for airworthiness, the recent spate of cancellations have been a result of the massive downturn in demand for air travel since the world was hit by the COVID-19 pandemic.

As the pandemic began to hit air travel in February of this year, combined order cancellations for the 737 MAX have reached a total of 471. Of these 27 cancelled jets, nine had been earmarked for sale-and-leaseback deals, though the lessor still has 37 MAX jets on order. Terms have been agreed with regard to a restructuring of the delivery of these jets as Boeing looks to “balance supply and demand with market realities” resulting from the COVID-19 pandemic. The U.S. planemaker still has a substantial backlog of orders for the troubled jet, though production has recently been brought to a halt.

In an end-of-second-quarter financial update, Avolon confirmed that it currently has in excess of US$5 billion in liquidity, having reduced its capital commitments to the end of 2021 by one-third and since the start of the year had cut its 2020-23 capital commitments  by over a half.

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StandardAero completes consolidation of Helicopter Centers of Excellence

StandardAero has completed the successful consolidation of the company’s Winnipeg, Manitoba, Canada Helicopter Center of Excellence (COE), after accelerating the final phase of integration of helicopter MRO engine operations into one site.

In addition, the company’s transition program included the integration of two additional COEs located in Langley, British Columbia, and Summerside, Prince Edward Island, Canada, to support helicopter airframe/component MRO services and turboprop engine MRO services, respectively. The two-year COE restructuring program was originally expected to be completed by the end of 2020.

“The early completion of our COEs was a key element to ensure organizational efficiency and increase our capability to respond more effectively to the dynamic and uncertain market conditions that currently affect customers’ operations anywhere in the world,” said Claus Eisenschmid, Vice President and General Manager of the Winnipeg Helicopter COE.

To further support customers, the company also invested additional resources in facility improvements and acquired a brand new test cell supporting Rolls-Royce M250/RR300 helicopter engines

Magnetic MRO completes ATR program for Finnair

Magnetic MRO, a Total Technical Care and asset management organization, has successful completed the ATR program for Finland's flag carrier, Finnair. During the course of the program, a total of 12 aircraft have received interior modifications and 11 of them have also left the company’s hangars in Tallinn with a new livery.

The contract for complete paint work, full interior refurbishment and maintenance on all 12 of the airline’s fleet of ATR 72 aircraft operated by Finnair's partner company Norra, was signed in spring 2019.

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Air New Zealand puts hold on new bookings on international services into New Zealand

Air New Zealand has put a hold on new bookings on international services into New Zealand following a request from the New Zealand Government.

The move is to help ensure the country is able to provide quarantine accommodation for inbound passengers for the required 14-day period.

As well as the temporary hold on new bookings for the next three weeks, the airline is also looking at aligning daily arrivals with the capacity available at managed isolation facilities. This may mean some customers will need to be moved to another flight.

Air New Zealand Chief Commercial and Customer Officer Cam Wallace says the airline has been working closely with the government to understand how it can support the government's efforts to contain COVID-19 at the border.

"We accept this is a necessary short-term measure given the limited capacity in quarantine facilities and we're keen to do what we can to help New Zealand's continued success in its fight against COVID-19."

United Airlines further expands international schedule in September

United Airlines is further expanding its international schedule in September with new nonstop service three days a week between Chicago O'Hare and Tel Aviv's Ben Gurion International Airport. United also announced it is reinstating service between Chicago and Hong Kong as well as between Los Angeles and Sydney.

"Throughout 2020, United has been the only carrier to maintain continuous daily service between the U.S. and Australia as well as the U.S. and Israel," said Patrick Quayle, United's vice president of International Network and Alliances. "As we continue rebuilding our international network, we look forward to offering customers more opportunities to travel between the U.S. and Hong Kong, Sydney and Tel Aviv."

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PrintSyst.ai launches next generation 3DP AI-Perfecter™

PrintSyst.ai has launched its next generation proprietary AI engine, the 3DP AIPerfecter™, the only pre-printing evaluation tool that is based on artificial intelligence. The 3DP AI-Perfecter™ enables industries such as Aerospace, Defense and Automotive to fully leverage the potential of 3D Printing by significantly increasing the printed parts consistency and reliability while reducing labor, time and cost.

PrinSyst.ai has focused over the last couple of years on utilizing deep tech artificial intelligence to solve a long-standing pain point of 3D printers – the significant cost of pre-printing processes; analyzing parts before printing is a crucial step that requires a lot of time from highly skilled engineers and bears significant risks to a company's reputation and ability to meet the desired lead times and regulations. Moreover, this manual process – on top of being inefficient – results in a high average rate of parts that turn out dysfunctional.
PrintSyst.ai combines the hands-on printing experience of the founders, both are 3rd generation in the printing industry and 3D printing mentors, with cutting edge technologies, and finally enables the transition of the pre-printing process to the 21st century.

Itamar Yona, PrintSyst's CEO explained that PrintSyst's next-generation 3DP AI-Perfecter™ finally enables "instant, automatic and accurate pre-printing part analysis, that could save more than 99% of the preparation time and cost. It is a scalable tool and using it is extremely user friendly and simple. We support multiple 3D printing technologies and our customers enjoy automatic AI-based printing recommendations. Moreover, as part of our overall customer-centric approach, we are providing customers with a simple-yet-clever dashboard that could be used to monitor our solution's impact on their printing process and also might be used to further scale and optimize our customers' operations. This dashboard can, of course, be customized to specific customer needs".

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Airbus transforms A330s into Multi Role Tanker Transports

Airbus’ A330 Multi Role Tanker Transports (MRTTs) are now being outfitted for their multi-mission duties in an optimised industrial process – enabling five aircraft to undergo the conversion every year.

The A330 MRTT is based on Airbus’ popular A330 widebody passenger airliner, with the aircraft produced on the company’s commercial airplane final assembly line in Toulouse, France. Once their initial built-up is complete, they are flown to Airbus’ military aircraft facility in Getafe, Spain to be transformed with hardware and systems for their dual roles as an air-to-air refuelling platform and an airlifter for troops and cargo.

During the conversion, Airbus teams install some 16,000 types of new components and approximately 450 new electrical harnesses (for a total cabling length of more than 50 km.), as well as 6,000 brackets and 1,700 connectors.

With 42 A330 MRTTs delivered to date, Airbus’ has reduced the end-to-end transformation time by one month, introducing increased digitalization and applying the “takt” principle of lean production
methodology – in which the aircraft moves through the conversion with zero hours pending and zero work orders open.

The digitalization includes the increasing use of Microsoft HoloLens mixed reality headsets instead of computer tablets. With 80 to 90 work orders now produced with HoloLens, the goal is to apply the system during 2020 for 50% of overall work orders, mainly for electrical and hydraulic installations.

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Embraer makes further enhancements to Praetor 500 and Praetor 600 cabins

Embraer announced a series of breakthrough cabin enhancements for its Praetor 500 midsize and Praetor 600 super-midsize business jets. In addition to the lowest cabin altitude in the class (5,800 feet) and 100% fresh air capability, Embraer is now making the HEPA filter standard on all Praetor aircraft, announcing the certification of a new electric lavatory pocket door, and approving the use of MicroShield360.

As new-generation aircraft, the Praetor 500 and Praetor 600 were designed with the latest technologies, including the ability to move 100% fresh air through the cabin. Now standard, the HEPA filter further improves cabin air quality, capturing 99.97% of all particles, such as bacteria, viruses, and fungi.

Additionally, Embraer has tested and approved the use of MicroShield360 ― a preventative coating system that, when applied to aircraft interiors, continuously inhibits the growth of microbes on surfaces. A signature feature of the Praetor family, the aircraft enjoy the lowest cabin altitude in its classes. At 45,000 feet, Praetor passengers experience a comfortable 5,800-foot cabin altitude. As a result, passengers feel more rested and refreshed. The combination of these new and existing features equates to outstanding cabin health.
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Tamar Jorssen
Vice President Sales & Business Development
Email: tamar.jorssen@avitrader.com
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Tamar