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Tuesday, October 12th, 2021

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Embraer signs US$1.2 billion deal with NetJets for up to 100 Phenom 300-series jets

Brazilian planemaker Embraer has confirmed it has agreed to supply existing Phenom customer NetJets with up to a further 100 of the light jets in an order worth up to US$1.2 billion at list price. In 2010 NetJets first signed a deal with Embraer for 50 Phenom 300 executive jets with an option for a further 75. With this new agreement, which includes a comprehensive services agreement, NetJets has strengthened its commitment to Embraer and its trust in an industry-leading portfolio and customer support network. As part of the deal, NetJets will begin taking delivery of the Phenom 300E in the second quarter of 2023, in both the U.S. and Europe.

“We are pleased to have signed this significant deal with NetJets, as our strategic partnership has been an integral part of Embraer’s success for over a decade,” said Michael Amalfitano, President & CEO of Embraer Executive Jets. “NetJets is recognized worldwide for the excellence of its operations and for providing an outstanding customer experience, so this continuing deal is an endorsement to the quality of our product and standards in performance, technology, comfort, and support. Embraer and NetJets share the same vision for business aviation, making the Phenom 300 series an excellent choice.”

“For years, the Embraer Phenom 300 has been an integral part of the NetJets fleet. With this order for the Phenom 300E, we continue to provide our owners with the exceptional travel experiences they have come to expect, as well as continue our significant partnership with Embraer,” said Doug Henneberry, Executive Vice President of Aircraft Asset Management at NetJets, Inc.

NetJets Inc. includes NetJets, Executive Jet Management, QS Partners, and QS Security and offers a variety of travel solutions customized to fit each owner’s needs. This includes fractional aircraft ownership, lease and jet card options, aircraft management, private jet chartering, brokerage and acquisition services, and specialized security services.


StandardAero delivers first Collins Aerospace Pro Line Fusion cockpit upgrade for Bombardier Challenger 604

StandardAero has delivered its first Collins Aerospace Pro Line Fusion modification/upgrade on a Bombardier Challenger 604 aircraft. The first installation aircraft departed StandardAero’s Springfield, Illinois maintenance facility on September 24, 2021.

The installation was supported by a Collins Aerospace Supplemental Type Certificate (STC) and the Pro Line Fusion upgrade removes the existing cathode ray tube displays and replaces them with touchscreen capable liquid crystal displays. The modification allows for features such as LPV, synthetic vision, multi-scan radar, graphical weather and FANS-1/A, giving operators more functionality and situational awareness in the cockpit. The modification also addresses obsolescence issues inherent to the existing CRT displays.

The total work scope on this Challenger 604 aircraft also included the installation of a Collins Aerospace Venue Cabin Management System and a complete cabin interior refresh.

 “The Fusion upgrade helps to keep this aircraft on the leading edge -- well into the future -- with enhanced capabilities and staying pace with the functionality of current production aircraft coming off the assembly line,” said Mike Creek, Avionics Sales Manager for StandardAero Business Aviation.  “Operators are showing a lot of interest in these upgrades and we expect continued demand throughout this year and next.”

Delta Air Lines to resume direct air connection with Prague

Delta Air Lines is going to resume its direct flights from Prague to New York, JFK Airport, effective May 26, 2022. Throughout the summer flight schedule, the airline plans to operate the route up to seven times a week using Boeing a 767-300 aircraft.

"The resumption of direct flights to New York, which was one of the most attractive long-haul routes operated from Prague Airport in 2019, is excellent news primarily for Czech passengers. They will be able to enjoy a convenient and fast connection to the east coast of the United States after a two-year pause. Before the current crisis, more than 70,000 passengers flew between Prague and New York every year, which represents a strong potential, able to support up to a year-round direct connection with Prague,” Jiří Pos, Chairman of the Prague Airport Board of Directors, said, adding:  "The re-launch of the route is, among other things, the result of negotiations carried out by Prague Airport representatives at the World Routes Development Forum, currently underway in Milan, Italy."


S7 Group and SkySelect collaborate to revolutionize group’s aircraft parts purchasing process

SkySelect and S7 Technics have entered into a collaborative relationship promoting the accelerated transformation of the parts purchasing process for their air transportation and maintenance operations.

SkySelect is a Silicon-Valley-based developer of one of the world’s most advanced aviation material purchasing platforms powered by smart algorithms and robotic process automation. The company increasingly acts as an extended purchasing arm for airlines and MROs around the world.

As Russia’s largest MRO S7 Technics will utilize SkySelect’s cutting-edge algorithmic technology, top-line customer service, and expertise to usher in a new level of efficiency, performance, and cost savings to its parts purchasing process.

“Operating a fleet of over 100 aircraft and one of the region’s largest integrated MRO networks, requires a rigorous focus on the quality and efficiency of our material and overall technical operations. We’re looking forward to leveraging SkySelect’s technology and talent to bring exponential savings of both time and money to our large-scale parts purchasing” said Danila Larin, Supply Chain Director at S7 Technics.

VSE Aviation announces successful launch and implementation of existing 15-year distribution agreement with Pratt & Whitney Canada

VSE Aviation, a wholly owned subsidiary of VSE Corporation has announced the successful launch and the implementation of an existing, 15-year distribution agreement with Pratt & Whitney Canada (P&WC). Under the terms of the agreement, VSE will provide new engine line maintenance spare parts and engine accessory exchange support to P&WC engine operators, customers and maintenance providers located throughout the United States.

This program accelerates access to spare part support for aircraft operators and service providers by positioning product in-region for P&WC’s broad customer base. VSE currently distributes both line maintenance parts and engine accessory exchanges from three U.S. locations: Miami, Florida; Phoenix, Arizona, and Independence, Kansas.

Under the terms of the agreement, VSE will be a distributor for more than 6,000 flight-critical components used in more than 100 business and general aviation (B&GA) and regional aviation engine platforms. VSE will support customers with both new engine line maintenance spare parts and engine accessory exchange. VSE expects to service more than 5,000 U.S.-based aircraft with on-demand, flight-critical components on a 24/7 basis to support scheduled line maintenance and AOG (aircraft on-ground) events.


Libra Group acquires KKR's interest in LCI

Aviation leasing company LCI has released that its parent company, the Libra Group, has acquired the minority interest in LCI Helicopters held by global investment firm KKR.

LCI’s rotorcraft fleet is focused on the latest technology medium and super-medium helicopters manufactured by leading helicopter OEMs including Leonardo, Airbus Helicopters and Sikorsky. These are in operation across four continents in multiple sectors including emergency medical services, offshore wind, search and rescue, maritime pilot transfer, and energy sector transportation.

The lessor has consistently grown in scale and value as it has diversified over time. LCI’s highly experienced management team has built strong relationships with manufacturers, customers, and leading financial institutions, and has undertaken in excess of US$8 billion of transactions in the fixed-wing and helicopter markets since LCI’s inception in 2004.

ELMS Aviation announces partnership with easyJet

European low-cost carrier easyJet has signed a long-term partnership with ELMS Aviation (ELMS) to adopt its Competence & Compliance software solution (the ELMS Solution), initially in its Part 145, as part of its ongoing digital transformation.

The agreement marks the latest in a string of notable new customer signings for ELMS and is a further endorsement of the value-add that ELMS provides to its customers from a staff development, competence, and compliance perspective. The ELMS Solution will form a key cog in easyJet’s continuous improvement program, providing the organization with unprecedented levels of transparency, integrity, and visibility of personnel competence and thus capability on an organizational and individual basis.

Phase 1 of the implementation has already taken off at easyJet’s Liverpool, U.K.-base, with the wider roll-out of the product at easyJet’s maintenance locations over the coming months.


TrueNoord welcomes new Technical Manager to Dublin office

TrueNoord, the specialist regional aircraft lessor, has announced the appointment of Stephen Spillane to the position of Technical Manager, reporting to Richard Jacobs, Chief Commercial Officer. Joining the Dublin team, Spillane will provide technical support worldwide and further enhance TrueNoord’s technical services in Dublin.

Making a statement on the new addition to his team, Richard Jacobs said “Stephen’s experience across diverse aircraft types will be invaluable as we build TrueNoord’s Technical Team’s capabilities. This senior appointment will reinforce the breadth of services encompassed by the TrueNoord Dublin office beyond the sales and commercial functions we have had up to now.”

Throughout his career, Spillane’s experience across multiple roles has gained him significant knowledge and understanding in the technical and managerial aspects of the aviation industry. During the COVID-19 pandemic, he secured multiple transfers of ownerships and registration changes for GECAS’ B737 Cargo Program, and successfully engineered the management of GECAS’ first delivery. This new role within the dynamic regional aircraft leasing sector will provide the platform where he can further develop his experience in the technical management of leased aircraft.

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Tamar Jorssen
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Email: tamar.jorssen@avitrader.com
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