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Wednesday, April 14th, 2021

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29 planes delivered by Boeing in March - records positive net orders two months running

Boeing has recorded a year-on-year nine plane increase in monthly deliveries with 29 delivered in March 2021 compared to 20 in 2020, while also maintaining a positive net order book for the second month running.

February saw the first positive net orders for 14 months as confidence slowly returns to the company’s customers. Orders for 196 of the 737 family of jets made up March’s total orders which, net of cancelations and conversions, resulted in 40 new orders for 737 jets. Boeing confirmed its March gross orders included a previously announced order for 100 737 MAXs by Southwest Airlines and 24 737 MAXs for private investment firm 777 Partners, plus 11 orders for P8 military aircraft. Turkish Airlines canceled ten 737 MAX airplanes on order in March and converted 40 737 MAX orders to options. China’s CDB Financial shelved 16 737 MAX orders in March and China Aircraft Leasing canceled 26 737 MAX orders. Alaska Air and United Airlines re-contracted nine and 25 737 MAX orders, respectively, last month for earlier delivery positions. Nineteen 737 MAX orders were canceled by undisclosed customers in March.

Boeing’s gross orders for the first quarter were 282 airplanes. Net of cancellations and conversions, orders stood at 69 aircraft in the quarter. Adjusted for stricter accounting standards, Boeing’s net orders were 76 aircraft in the first quarter at March end. Boeing’s official backlog rose to 4054 aircraft orders in March from 4041 orders in February. The company delivered a total of 77 airplanes in the first quarter, up from 50 aircraft for the first quarter in 2020. 787 jet deliveries resumed in late March after a four-month halt while production defects were sorted out.

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Air Astana goes live with Aeroxchange's software platform

Air Astana has gone live on AeroBuy® with plans to later implement AeroRepair®. According to an agreement between the two companies, Air Astana will gain access to both AeroBuy and AeroRepair, enabling the airline to automate its parts procurement and repair management processes.

Air Astana will utilize AeroBuy and AeroRepair to accelerate parts procurement and repair order management, improve sourcing opportunities and pricing, increase supply chain transparency, and streamline communication with its trading partners.

“By integrating its Trax system with the Aeroxchange platform, Air Astana will drive operational efficiencies, including eliminating the need to manage multiple connections with hundreds of suppliers,” said Albert Koszarek, President and CEO of Aeroxchange. “We are excited to bring Air Astana onto our network and look forward to expanding our presence in Central Asia and Eastern Europe.”

Vallair names Maxime Gorsse Director Investor Relations and Project Financing

Vallair has appointed Maxime Gorsse as Director of Investor Relations and Project Financing. Based in Luxembourg, Gorsse will be pivotal in advising Vallair on all capital expenditure decisions as well as sourcing and negotiating financing for Vallair assets and programs. Gorsse has an MA in Finance and Actuarial Science and has accrued his professional experience in the aviation finance sector. Most recently he worked for CHC Helicopter as Senior Manager of Fleet Transactions.

“For any capital-intensive program, project financing is key,” says Grégoire Lebigot, CEO of Vallair. “Our Cargo Conversion program is a prime example of this. As we look to further augment and expand this avenue, the requirement for regular funding has very much come to the fore.  Maxime has the industry insight and financial expertise to source attractive debt or equity financing to support Vallair’s growth over the coming years and we are delighted to welcome him to the team.”

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Air bp scores hattrick of sustainable aviation fuel projects at three new locations in the U.K.

Air bp, the international aviation fuel products and service supplier, has supplied sustainable aviation fuel (SAF) to three airports in the U.K.: dedicated business aviation airport, London Biggin Hill (BQH), Airbus owned Hawarden (CEG) airport in Flintshire, North Wales, which will be used for fuelling of the Beluga aircraft, and Centreline FBO, in Bristol (BRS). All three locations expect to have SAF available on an ongoing basis.

These latest supply agreements demonstrate the importance of collaboration between fuel supplier, airport and customer in driving demand for SAF and ultimately help to meet the industry’s lower carbon goals. The SAF supplied by Air bp is made from waste based sustainable feedstocks such as used cooking oil which is blended with traditional jet fuel. The SAF blend supplied is around 35% SAF and the SAF component provides a lifecycle carbon reduction of around 80% compared to traditional jet fuel it replaces.

"Big Twin" midway through development

GE Capital Aviation Services (GECAS) and Israel Aerospace Industries (IAI) have passed the planned halfway phase of the Supplemental Type Certificate (STC) Development Program for the 777-300ERSF. This is a key milestone for the "Big Twin", the GECAS-IAI Co investment for the passenger-to-freighter conversion program of the GE-90-powered 777-300ER, as it now moves beyond planning into the phase of physically modifying the aircraft.

Rich Greener, SVP and Manager of GECAS Cargo, explains “We’ve begun executing on the dedicated freighter design developed by the IAI and GECAS Cargo team towards manufacturing the kits, and the actual conversion phase under a licensing from Boeing.”

“The Big Twin is scheduled to be officially inducted into the IAI 777-300ER P2F Line 1 in Tel Aviv to commence the Prototype Conversion towards end of June 2021,” says Yosef Melamed, IAI EVP and General Manager of Aviation Group. "This is an exciting milestone for the Big Twin freighter program.”

After extensive planning and preparation, the STC Development Program has already completed the Critical Design Review (CDR) and subsequent Design Freeze of the 777-300ERSF. The prototype 777-300ER (MSN 32789) was delivered to IAI’s facility in Tel Aviv by GECAS in June of last year — a full six months ahead of the initial timeline. Since delivery, ground and flight tests have been completed as the prototype aircraft travelled between Tel Aviv and the United States. The aircraft has now returned to Tel Aviv to enter its pre-conversion preparation phase.

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IFPL reports acquisition of Cobalt Aerospace

IFPL, specializing in the design and manufacture of passenger interface solutions to the global In-Flight Entertainment and Connectivity (IFEC) industry, has acquired specialist aerospace design and manufacturing company Cobalt Aerospace Group. Cobalt Aerospace develop innovations that provide comfort, safety, convenience, and ambience to enrich air travel for both passengers and operators. Its product portfolio includes class-leading LED mood lighting, wireless chargers, and new emergency floor path marking system, GLS-7.

IFPL and Cobalt Aerospace will continue to operate under their brand name. Both businesses will operate under the umbrella company IFPL Group.

SmartLynx to fly full charter for TUI Germany

SmartLynx Airlines will be operating full charters for TUI Deutschland and Involatus. From summer 2021, it will fly to tourist destinations around the Mediterranean and Canary Islands for TUI Deutschland from Basel/ Mulhouse and Saarbrücken airports, as well as to Gran Canaria, Fuerteventura and Tenerife for Involatus from various German airports in autumn 2021, the airline announced.

SmartLynx is one of Europe's leading charter and ACMI providers and can underpin its growth plans in Germany with the conclusion of these full charter agreements. SmartLynx Airlines is also relying on a cooperation with the express service provider DHL. From now on, the airline will fly airfreight from Leipzig to all over the world.

"By supporting the freight service provider DHL with two cargo aircraft, we are enabling our partner to respond to the growing demand for air freight," says SmartLynx CEO Surintas.

DAE signs 48 lease transactions in first quarter of 2021

Dubai Aerospace Enterprise (DAE) has reported its business transactions update for the first quarter of 2021 for its aircraft leasing division, DAE Capital.

DAE has acquired 13 aircraft in the first quarter of 2021 (owned: nine; managed: four), sold seven aircraft (owned: four; managed: three) and signed lease agreements and extensions for 48 aircraft (owned: 43; managed: five). The company signed one new service agreement in the first quarter.

The fleet size at the end of the first quarter comprized of 425 aircraft (owned, managed, committed and mandated to manage). DAE has 108 customers in 52 countries and the average fleet age is six years.
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Tamar Jorssen
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Email: tamar.jorssen@avitrader.com
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Tamar