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Tuesday, June 15th, 2021

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GE Aviation and Safran launch advanced technology demonstration program for sustainable engines

GE Aviation and Safran have launched a bold technology development program targeting more than 20% lower fuel consumption and CO2 emissions compared to today’s engines. The CFM RISE (Revolutionary Innovation for Sustainable Engines) program will demonstrate and mature a range of new, disruptive technologies for future engines that could enter service by the mid-2030s.

The companies also signed an agreement extending the CFM International 50/50 partnership to the year 2050, declaring their intent to lead the way for more sustainable aviation in line with the industry’s commitment to halve CO2 emissions by 2050.

Technologies matured as part of the RISE program will serve as the foundation for the next-generation CFM engine that could be available by the mid-2030s. The program goals include reducing fuel consumption and CO2 emissions by more than 20% compared to today’s most efficient engines, as well as ensuring 100% compatibility with alternative energy sources such as Sustainable Aviation Fuels and hydrogen.

Central to the program is state-of-the-art propulsive efficiency for the engine, including developing an open fan architecture. This is a key enabler to achieving significantly improved fuel efficiency while delivering the same speed and cabin experience as current single-aisle aircraft. The program will also use hybrid electric capability to optimize engine efficiency while enabling electrification of many aircraft systems.


AJW Group and Arena Investors launch US$100 million Dublin-based aviation asset JV

AJW Group (AJW) and Arena Investors, LP (Arena) have announced their joint venture which will focus on the selective acquisition of commercial aircraft, engines, and components. The JV will take advantage of AJW’s global network and operational expertise, along with Arena’s comprehensive experience in investments related to the aviation industry. The joint venture will be based in Dublin, Ireland, where AJW and Arena will jointly acquire a targeted portfolio of aircraft and engines to be managed and monetized through AJW’s global network.  The joint venture is to be funded with committed capital of up to US$100 million.

AJW has roughly 90 years of experience and is a world-leading independent specialist in the supply, lease, and repair of aircraft components and a supply chain solution provider to over 1,000 airlines. The joint venture will feed engines and components into AJW’s global inventory utilising the extensive repair capabilities of AJW Technique, the Group’s state-of-the-art, industry-leading maintenance hub based in Montreal.

Vivek Nayar, Arena Investors, comments: “We are thrilled to be forming a partnership with AJW, one of the most storied and reputable firms in the aviation services industry, with its wide geographical reach and customer base.  AJW’s experience, combined with Arena’s flexible capital solutions, are especially relevant at a time when there are great liquidity needs in the industry.  We look forward to helping to solve those needs.”

Turkish Technic expands inventory with Boeing parts agreement

Boeing and Turkish Technic have renewed a tailored parts package agreement, extending the maintenance, repair, and overhaul (MRO) provider’s current contract by three years. The contract will enable Turkish Technic to reinforce its efficiency, reliability, and access to a global network of parts and component services.

Through this agreement, Turkish Technic will continue to streamline maintenance operations with price and availability benefits from the renewal agreement. This tailored parts package three-year renewal expands the companies’ previous agreement with 9,000-part numbers. The parts include a range of Boeing and supplier parts sourced through both Boeing and partner entities.

Turkish Technic is a leading aviation services providers, with comprehensive maintenance, repair, overhaul, modification, and reconfiguration services performed by highly qualified workforce from around the world. Turkish Technic supports aircraft operators and owners globally with encompassing component pooling, design, certification, and production services. 


BlueBird Aero Systems completes delivery of 100 VTOL UAVs to European customer

BlueBird Aero Systems, partially owned (50% of shares) by Israel Aerospace Industries (IAI), has completed the delivery of 100 WanderB-VTOL UAVs to a European customer. The Vertical Takeoff and Landing (VTOL) UAVs are part of a transaction involving over 150 WanderB-VTOL and ThunderB-VTOL UAVs worth tens of millions of dollars (USD). This is the world's largest number of VTOL UAVs delivered to any customer at one time, and was completed within the agreed timetable despite COVID-19 conditions.

The transaction reflects a globally emerging trend of VTOL UAVs, which provide important benefits for land and maritime applications as they combine the advantages of a fixed wing UAV (long range, long endurance, high speed, wind independency, large area coverage, etc.) with the advantages of a multi-copter (ability to take off and land in confined areas, accurate, safe and damage-free landing, etc.). IAI’s 50% acquisition of BlueBird Aero Systems, which was recently approved by Israel's government, is tapping into the potential of this emerging trend. Over the past few years, BlueBird developed several advanced VTOL platforms. The asset and capability combination of IAI and BlueBird is expected to yield additional breakthrough operational solutions on the market.

Airbus establishes Zero-Emission Development Centres in Germany and France

Airbus has decided to concentrate its efforts for metallic hydrogen tanks in a complementary setup by creating Zero-Emission Development Centres (ZEDC) at its sites in Bremen (Germany) and in Nantes (France). The goal of the ZEDC is to achieve cost-competitive cryogenic tank manufacturing to support the successful future market launch of ZEROe and to accelerate the development of hydrogen-propulsion technologies. The design and integration of tank structures is crucial to the performance of a future hydrogen aircraft. The technology developments will cover the full product and industrial capabilities from elementary parts, assembly, systems integration and the cryogenic testing of the final liquid hydrogen (LH2) tank system. Both ZEDCs will be fully operational by 2023 to build LH2 tanks with a first flight test scheduled for 2025.

In line with Northern German regional and the Pays de Loire ambitions, Airbus will foster cross-industry collaboration to support the overall transition to hydrogen-propulsion technologies, as well as the associated ground-based infrastructure in the region. The tank is a safety-critical component, for which specific systems engineering is needed.
LH2 is more challenging than kerosene because it needs to be stored at -250 °C to liquefy. Liquidity is needed for increased density. For commercial aviation, the challenge is to develop a component which can withstand repeated thermal and pressure cycling which an aircraft application demands.

It is expected that near-term LH2 tank structures for commercial aircraft applications will be metallic, however the potential performance opportunities associated with carbon-fibre-reinforced polymer composites are high.


Emirates records annual loss of US$6.0 billion

The Emirates Group has posted its first year of loss in over 30 years caused by a significant drop in revenue, fully attributed to the impact of COVID-19 related flight and travel restrictions throughout its entire financial year 2020-21.

The Emirates Group posted a loss of AED 22.1 billion (US$6.0 billion) for the financial year ended March 31, 2021 compared with an AED 1.7 billion (US$ 456 million) profit for last year. The Group’s revenue was AED 35.6 billion (US$ 9.7 billion), a decline of 66% over last year’s results. The Group’s cash balance was AED 19.8 billion (US$ 5.4 billion), down 23% from last year mainly due to weak demand caused by the various pandemic related business and travel restrictions across all of the Group’s core business divisions and markets.

For the first time in the Group’s history, redundancies were implemented across all parts of the business. As a result, the Group’s total workforce reduced by 31% to 75,145 employees, representing over 160 different nationalities.

Keeping a tight control on costs, across the Group, financial obligations were restructured, contracts renegotiated, processes examined and operations consolidated. The various cost reduction initiatives returned an estimated saving of AED 7.7 billion during the year.

In 2020-21, the Group collectively invested AED 4.7 billion (US$ 1.3 billion) in new aircraft and facilities, the acquisition of companies, and the latest technologies to position the business for recovery and future growth. It also continued to invest resources towards environmental initiatives, as well as supporting communities and incubator programs that nurture talent and innovation to drive future industry growth.

SPI to manage donation of multiple jet engines from Cadence Business Finance to aircraft mechanic training programs

On behalf of Cadence Business Finance (CBF), Sage-Popovich (SPI) will be coordinating the donation of multiple CF34 and ALF 502 engines to aviation mechanic schools. Nick Popovich, the company Chairman, has always supported the aviation learning community. When it came time to clear these engines out of storage, the CBF team generously offered them up for donation to any aircraft mechanic school for training purposes.

The General Electric CF34 is a turbofan jet engine used on a number of business and regional jets, including the Bombardier Challenger and CRJ series, the Embraer E-Jets, and the Comac ARJ21. First manufactured in 1982, the engine family is in greater demand today than ever before. The engines are currently used around the globe on both military and civilian aircraft operated by SkyWest Airlines, United Airlines, Republic Airlines, Uganda National Airlines Company and more.

The ALF 502 engines were first produced in 1980 by Lycoming Engines, then AlliedSignal, and then Honeywell Aerospace. They are geared turbofan engines used on early Bombardier Challenger 600 (1A11) series and on Northrop YA-9 and British Aerospace 146 aircraft.


ASQS expands global footprint with office opening in Calgary

ASQS (Advanced Safety and Quality Solutions), a leading Vienna-based aviation quality and safety management software provider, has announced the opening of its new office in Calgary, Alberta. The subsidiary in Calgary, ASQS Safety and Quality Solutions Inc., will allow ASQS to further expand not only its global footprint but also its customer support services by being available to clients and prospects in three time zones beginning June 2021.

Since its foundation in 2009, ASQS has grown its client base to more than 220 aviation companies including small to large airlines, helicopter and business jet operators, ground handling agents/FBOs, MROs and airports around the world and holds a workforce of more than 50 employees in its headquarters in Vienna and subsidiary in Bangkok, Thailand. The company’s core product, IQSMS (Integrated Quality and Safety Management System), is a modular web-based and integrated quality and safety management software developed to support aviation companies in operational areas such as their hazard and occurrence reporting, internal and external auditing, risk management as well as safety performance monitoring.

In addition to the corporate headquarters in Vienna, Austria, and an operational office in Thailand, the new branch in Canada will enable the company to continue expansion of its global network and significantly improve customer support services for partners and clients.

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Tamar Jorssen
Vice President Sales & Business Development
Email: tamar.jorssen@avitrader.com
Phone: +1 (788) 213 8543