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Friday, September 10th, 2021

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easyJet rejects Wizz Air bid while Hungarian carrier discusses 100-plane deal with Airbus

easyJet has announced that it has rejected a bid from Hungarian low-cost carrier Wizz Air. Instead, Europe’s second-largest low-cost carrier behind Ryanair has opted to raise a further US$1.7 billion from shareholders as it looks to bounce back from the effects of the pandemic on the aviation industry. Commenting on the potential all-share deal, easyJet CEO Johan Lundgren told reporters that the approach was “highly conditional in its nature which made it very uncertain in terms of the deliverability,” though no specific details were provided. easyJet has already raised US$7.65 billion through a combination of shareholders and debt markets together with selling and leasing back several aircraft, and announced a further US$400 million debt facility last Thursday.

Meanwhile, industry sources have revealed that Wizz Air has been in talks with Airbus for several months over a potential deal for at least 100 more narrow-body jets. In many ways the offer for easyJet by Wizz Air made a lot of sense as both carriers operate an all-Airbus fleet, with Wizz Air having ordered 388 Airbus jets to date. Wizz Air is especially strong in Eastern European destinations such as Poland and Romania, while easyJet has a strong presence in countries including Britain, Italy, Switzerland, Germany and France. While Wizz Air’s strategic move shows the carrier’s clear intentions to challenge Ryanair, combined passenger numbers of Wizz Air and easyJet would still lag behind Ryanair by some 20 million passengers per annum.

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SalamAir takes delivery of first of two A321NX from GECAS

GECAS has announced the delivery of the first of two A321NX aircraft to SalamAir with the arrival of one, MSN 10483, into Muscat, Oman from Hamburg. As announced in late 2019, GECAS is providing the two aircraft from its own skyline.

SalamAir is the first operator of A320neo aircraft in Oman.  With a current fleet of six A320neos, the operator’s presence has grown to touch over 84 airports, in 35 countries. Based in Oman’s Muscat International Airport, SalamAir is now among the first to operate the A321neo in the Middle East.

“SalamAir is dedicated to meeting Oman’s increasing demand for affordable travel options while providing a comfortable, flexible and reliable experience and a full range of services for our passengers,” Captain Mohamed Ahmed, CEO of SalamAir, said, adding “The longer range of the A321NX and additional 32 seats; enables us to continue offering travel to add new destinations and increase capacity on existing routes with more direct links between the Sultanate and friendly countries.”

SASMOS-GKN Aerospace long term, US$ multi-million wiring contract with Saab, Sweden for Boeing-Saab T-7A

Fokker Elmo SASMOS Interconnection Systems Limited (FE-SIL), the Joint Venture (JV) between GKN Aerospace and SASMOS HET Technologies, has been awarded a USD multi-million dollar contract from Saab to manufacture Electrical Interconnection Systems (EWIS) for the Boeing-Saab T-7A trainer aircraft aft section.

Under the multi-year contract, FE-SIL, located in Bangalore, India, will deliver the required wiring systems for the aft fuselage of the advanced jet that will train the next generation of fighter and bomber pilots. This contract will strengthen FE-SIL’s relationship with Saab and Boeing, supporting them with affordable, global solutions. The first EWIS ship-set is scheduled for delivery in 2022 from FE-SIL’s Centre of Excellence for Aircraft Harnesses in Bangalore.

Michiel van der Maat, Vice President of GKN Aerospace Defense, said: “We are very proud of the expansion of our business relationship with Saab. Thanks to the FE-SIL team’s continued commitment to quality, on-time delivery and customer focus, we have now been selected for the EWIS aft-section wiring on this exciting new Boeing-Saab platform.”

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HAECO signs agreement to provide heavy maintenance and cargo conversions on Airbus A321 aircraft

HAECO Americas, a member of the HAECO Group specialising in airframe maintenance, modifications and repairs, has signed an agreement with 321 Precision Conversions to provide heavy maintenance and structural modifications for its Airbus A321 aircraft passenger-to-freighter conversions.

Extensive interior and exterior modifications will be made to convert the aircraft from passenger to cargo use. The work will be performed at HAECO’s Lake City, Florida facility, beginning in January 2022.

Gary Warner, President of 321 Precision Conversions, said: “The wide-ranging maintenance and conversion experience offered by HAECO is a natural fit for our Airbus A321-200PCF programme as we continue to expand conversion kit capacity to meet high customer demand. We look forward to a long and successful partnership.”

KKR announces additional US$40 MILLION investment in Jet Edge International

KKR has announced its agreement to invest US$40 million in preferred equity in Jet Edge International (Jet Edge), an Ohio-based global leader in full-service private aviation responsible for operating the largest fleet of Challenger and Gulfstream aircraft available for charter in the United States. KKR is making the investment in Jet Edge through its credit funds and accounts focused on asset-based finance opportunities. The investment follows KKR’s US$150 million credit investment in the Company announced earlier this year.

The new investment will support the growth of Jet Edge’s Reserve membership program and rapidly expanding fleet. Jet Edge will also continue to make advancements in its technology and infrastructure, including optimized scheduling systems, artificial intelligence-based programs to maximize fleet efficiency, and a dynamic mobile application, all to further enhance the Reserve membership experience.

“We’ve successfully executed numerous growth initiatives driven by KKR’s initial financing and are excited to continue to build our platform with this new investment,” said Bill Papariella, CEO of Jet Edge. “We will continue to invest heavily in technology and back-end infrastructure to enhance the customer experience and help us stay ahead of evolving client demands amid rapid membership growth. This financing speaks to KKR’s continued confidence in our business plan to deliver scaled private aviation solutions and we look forward to being able to provide even more clients unique access to our industry leading fleet across all major markets in the United States.”

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thyssenkrupp Aerospace expands partnership with Rolls-Royce

thyssenkrupp Aerospace has signed a 15-year contract with Rolls-Royce to manage the storage and logistics of all finished parts for its engine manufacturing and assembly operations in Indianapolis, Ind. The third-party logistics (3PL) contract includes inventory management, as well as kitting, inspection, and transportation services. thyssenkrupp Aerospace already provides vendor-managed inventory services for a portion of Rolls- Royce’s supply chain. This expanded contract will be in full operation in 2022 when a new 330,000 square-foot facility is completed in the Indianapolis area.

The new contract consolidates the warehousing and logistics services of what was previously multiple 3PL providers working with Rolls-Royce. In addition to becoming the sole service provider of inventory management, thyssenkrupp Aerospace will also facilitate a nextgeneration warehouse management system that seamlessly integrates with Rolls-Royce’s business systems, build a state-of-the-art warehouse facility to optimize storage, and provide an integrated transportation solution between manufacturing sites.

“We are thrilled to continue and grow our partnership with Rolls-Royce,” said Gary Lowe, President and CEO of thyssenkrupp Aerospace North America. “With our expertise in providing “Materials as a Service”, we are committed to providing exceptional solutions and reducing the complexity of Rolls-Royce’s supply chain.”

MTU Maintenance now certified to carry out PW307 MRO

MTU Maintenance is now certified to carry out PW307 maintenance, repair and overhaul (MRO) on the PW307 engine family. The PW307D which powers the Dassault Falcon 8X in service since 2016 is the newest variant to be added to MTU’s engine capabilities in Berlin-Brandenburg. With a maximum take-off thrust of 6,400 pounds, each engine has noticeably more power than its predecessors.

MTU Aero Engines have been manufacturing PW300 engine parts since 1985. The company has a 15% stake in the PW307 engine program and is responsible for the development and production of the complete three-stage low-pressure turbine, including the exit case and the mixer.

“We are delighted to be fully certified for the newest generation of PW300 engines,” says André Sinanian, Managing Director and Senior Vice President, MTU Maintenance Berlin-Brandenburg. “We have carried out all necessary preparations, such as correlating the test cell, and look forward to receiving the first engines. We are specialized in small to midsize fan engines and expect this program to run well into the 2030s.”

MTU Maintenance Berlin-Brandenburg has been performing MRO and mobile repair services on the PW300 engine family since 2001. Engine service contracts are managed by Pratt & Whitney Customer Service Centre Europe, a joint venture between MTU Maintenance Brandenburg and Pratt & Whitney Canada, which is responsible for aftermarket services sales and marketing activities for P&WC engines across Europe, Africa and the Middle East.

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JETMS receives Maintenance Organisation Approval Certification from the UK Civil Aviation Authority

JETMS, a global provider of integrated aircraft maintenance, repair and overhaul solutions for business and regional aviation, has announced the receipt of its new Maintenance Organisation Approval Certificate (MOAC) issued by the United Kingdom Civil Aviation Authority (CAA) to conduct base and line MRO services on Embraer EMB135/145 aircraft.

The issuance of the new MOAC gives JETMS – a family member of Avia Solutions Group, a global aerospace services group with almost 100 offices and production stations providing aviation services and solutions worldwide – the capability to carry out regional aviation maintenance services on United Kingdom registered aircraft from under one centralised location.

According to JETMS Head of Quality, Gintare Lapienyte, “The procurement of the new Maintenance Organisation Approval Certificate involved a difficult and thorough process until JETMS received the green light and the final approval for certification. For all of us at JETMS, as a progressive and forward-looking team of consummate professionals, it's moments like this that give us great pleasure to win new victories, meet new customers, and plan for the future. The certification also illustrates our focus on the needs of our clients, sustainability in the aviation market, our long-term viability and business expansion strategy, and the continuing enlargement of our client services portfolio.”

C&L Aviation Group currently dismantling 15 Aircraft

C&L Aerospace, a C&L Aviation Group company, is heavily investing in additional inventory in order to meet customer demand with the purchase and teardown of 15 aircraft. The aircraft included are 2 E170, 9 ERJ 145, 2 Saab 340B+, 1 ATR72, and 1 Challenger 604. Recently the company also purchased a multi-million-dollar ATR spare parts purchase which consists of many consumables and expendables.

Despite the market uncertainty over the past year we are committed to continuing investment in the regional and corporate aircraft we support,” said Chris Kilgour, CEO of C&L Aviation Group. “These inventories allow us to be preferred partners for our customers who rely on us to support their needs.”

The E170 is a new aircraft type for C&L as they continue to diversify their offerings. C&L’s strategy for the E170, like all other C&L supported airframes, is a holistic approach to supplying operators and maintenance providers with a wide variety of services including spare parts supply, power-by-the-hour, consignment, landing gear and APU exchange, and engine management programs.

As with all of C&L’s inventory, these parts will be inspected and made ready for sale, which includes photographing and barcoding each part and corresponding documentation which is sent as viewable links on all customer quotes allowing more transparency for the customer during the buying process. Parts will be stored around the world in strategically located warehouses owned and operated by C&L in the United States, UK, and Australia.

RwandAir goes live with eMRO

RwandAir selected the TRAX eMRO system in October of 2020 as part of its efforts to enhance its efficiency, lower its costs, and expand its operations. The airline saw an opportunity to replace its legacy system with a fully integrated technologically advanced web-based MRO software product. TRAX congratulates the RwandAir team for successfully implementing eMRO – and even more so for accomplishing this goal amidst a turbulent year for aviation.

The TRAX eMRO product enables reliable communication and data flow between the various facets of the operation using leading edge technology. The airline anticipates that real time data means reduced turnaround times, and increased time to report and repair issues. RwandAir sees the benefits of users being able to stay connected to their key aircraft maintenance management data from anywhere using the device-agnostic eMRO solution. Their users can rapidly find spare parts / tools and electronically sign off tasks at any location, such as from the hangar or when carrying out crucial time sensitive line repairs.
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Tamar Jorssen
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Email: tamar.jorssen@avitrader.com
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Tamar