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Thursday, October 14th, 2021

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Delta predicts soaring fuel prices will lead to fourth-quarter pre-tax loss

Delta Air lines has predicted that the current surge in fuel prices will result in a substantial fourth-quarter pre-tax loss. In the third quarter fuel costs alone accounted for nearly 20% of Delta's adjusted operating expenses. However, the North American carrier remains optimistic for the fourth quarter with an anticipated positive demand for both international and corporate travel once the United States reopens its borders in November to fully vaccinated travelers from 33 countries, including China and the majority of Europe. Third-quarter revenue from transatlantic travel was at 35% level of the comparable period in 2019, the airline said.

Delta is the first major U.S. airline to report financial results and has forecast adjusted fuel price per gallon at between US$2.25 and US$2.40 for the fourth quarter. The adjusted fuel price per gallon was US$1.94 in the last quarter. Adjusted operating revenue for Q3 2021 fell 34% to US$8.28 billion from 2019 as a fast-spreading COVID variant cut demand for air travel in August and early September. Net income dropped to US$1.21 billion, or US$1.89 per share, in the three months ended September 30 from US$1.50 billion, or US$2.31 per share, in 2019. Excluding items, the company earned US$194 million, or 30 cents per share.

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Saab opens new U.S. production facility

Less than 300 miles will now separate Boeing from its T-7A teammate Saab with the opening of Saab’s new 100,000-ft² production facility in West Lafayette, Indiana.

The Boeing-Saab team is producing the new advanced trainer for the U.S. Air Force, with Saab providing the aft section to Boeing’s forward fuselage. Currently the aft section is built at Saab’s factory in Linköping, Sweden, then shipped to the United States. Since the inception of T-7A, Boeing and Saab have continued to seek and evolve new program efficiencies.

The T-7A Red Hawk went from concept to first flight in just 36 months using advanced model-based engineering and digital design techniques. The digital thread, the connection of digital information through product design, manufacturing and inspection, used throughout the program has accounted for a 75% improvement in engineering quality.In September 2018, the U.S. Air Force awarded Boeing a US$9.2 billion contract to supply 351 advanced trainer aircraft and 46 associated ground based training simulators.

Mixed fleet flying for A380 and A320 approved by Japan’s Civil Aviation Bureau

All Nippon Airways (ANA) is set to introduce Mixed Fleet Flying (MFF) for the A380 and A320-family following approval by Japan’s Civil Aviation Bureau (JCAB). The Japanese carrier is the first operator in the world to introduce the MFF between the two types.

MFF is unique to Airbus aircraft. As a result of flight deck and aircraft control systems it enables pilots to be certified to operate more than one type from the Airbus fly-by-wire product line on a regular and concurrent basis. At ANA this will enable crews to fly a mixed pattern of short- and long-haul services.

Airbus commonality extends from the flight deck into the passenger cabin as well, with a maximum use of similar systems, control panels, and procedures within the various aircraft families. The unique level of technical commonality between Airbus fly-by-wire aircraft also streamlines maintenance procedures, resulting in significantly reduced costs.

“We are pleased that A320 and A380 MFF operations were approved by JCAB and that ANA has become the world’s first airline to introduce it ,” said Stéphane Ginoux, Head of North Asia region for Airbus and President of Airbus Japan. “MFF offers airlines increased flexibility and cost-efficiency and has become one of the keys to Airbus’ success. For airlines, the increase in revenue hours flown by pilots due to less standby and downtime results in a significant improvement in productivity.”

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Lufthansa Technik and Japan Airlines extend Total Component Support (TCS) agreement

Lufthansa Technik and Japan Airlines have further deepened their trusted partnership by extending a long-term agreement on Total Component Support (TCS) services for Japan Airlines' Boeing 787 fleet.

The five-year TCS contract covers a multiple of components installed on Japan Airlines' Boeing 787 fleet of 53 aircraft. The services to be rendered include maintenance, reliability monitoring, reliability enhancement programs as well as logistic services. 

Kojiro Yamashita, Senior Vice President of Procurement at Japan Airlines, said, "We have signed a contract with Lufthansa Technik as a partner that shares and respects the value that JAL provides to customers, safe and stable operation. At the same time, JAL respects for Lufthansa Technik's commitment to further advanced and high quality maintenance. JAL is convinced that this contract will keep our strong partnership in future."

Cargologic expands scope of business

As of January 1, 2022, Cargologic AG will take over the vehicle maintenance and Ground Support Equipment (GSE) maintenance areas from SR Technics Switzerland AG in addition to its existing fields of activity. In doing so, Cargologic is substantially broadening its technical activities and will be providing more services for external customers in the future.

At its Zurich and Bern Airports locations, it performs airfreight handling tasks for airlines and haulage companies as well as contract logistics for forwarders. In addition, Cargologic has acquired impressive technical competencies: as well as operating its own forklift workshop and battery charging station, it performs maintenance tasks for ground handling equipment such as airfreight palettes and refrigerated containers. Cargologic staff also maintain key freight handling facilities, such as consignments warehouses and airfreight palette stores.

With effect from January 1, 2022, Cargologic will extend its field of activities further by expanding into vehicle
maintenance and ground service equipment (GSE) maintenance. As a result, it will acquire some 2700 m² of
workspace at Zurich Airport from SR Technics and offer its employees respective positions. The takeover is a
logical and sustainable addition to Cargologic’s own technical capabilities: the newly created synergies mean that the company can offer external customers a bigger range of services. “We’re convinced that this will enable us to grow and continue providing services to a high standard”, says Marco Gredig, CEO of Cargologic AG.

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RECARO Aircraft Seating economy class seats take flight on Wizz Air's new Airbus A321neo

Recaro Aircraft Seating (Recaro) SL3710 economy class seat has taken flight on Wizz Air’s brand-new Airbus A321neo. A total of 146 shipsets will be delivered to the airline through 2027.

“The SL3710 is a natural fit on Wizz Air’s new Airbus A321neo, since the main goal is to conserve weight and extend the life cycle of the seat without sacrificing comfort,” said Mark Hiller, CEO and Shareholder at Recaro Aircraft Seating. “The cornerstone of our partnership with Wizz Air is our ability to provide quick and effective support, which is only possible due to our global network of customer service teams.”

Weighing in at only nine kilograms, the lightweight and durable SL3710 is the ideal solution for short-haul flights and met the needs of Wizz Air, as the low-cost carrier is committed to achieving high fuel-efficiency. The seat’s energy-saving design enables high-density layouts while still accommodating passengers of various heights with its pre-reclined feature. In addition, Recaro uses a unique seat building process to ensure minimal impact to the environment during production.

CAE and Embraer launch new Phenom 300 full-flight simulator for U.S. market

Embraer and CAE have announced, at the 2021 National Business Aviation Association (NBAA) annual convention and exhibition, that Embraer-CAE Training Services (ECTS)  will offer a new full-flight simulator (FFS) for the Phenom 300E during the second half of 2022 to meet the growing demand for business jet training in the U.S. This new FFS will be operated by ECTS, a joint venture between Embraer and CAE. The FFS’s location will be defined by ECTS in the coming months.

“Our purpose with the new FFS, besides offering our customers additional capacity for training in the U.S., is to bring the latest technological updates of the aircraft and simulation technology, while providing the highest level of service to the market as the number of Phenom 300E deliveries continues to grow,” said Johann Bordais, President & CEO, Embraer Services & Support.

Middle East Airlines to trial Panasonic Avionics' in-flight Live Television

Middle East Airlines-Air Liban (MEA) has started a two-month trial of Panasonic Avionics’ in-flight Live Television service.

The service was rolled out on MEA’s fleet of nine Airbus A321neo LR aircraft on the October 1, 2021, helping passengers to Never Miss A Moment™ with a wide range of premium news and live sporting events.

Panasonic Avionics’ Live Television service connects passengers to unmissable on-the-ground entertainment from the comfort of their seats. The integrated service enables passengers to watch news channels including the BBC World and CNN International, along with live sporting action in partnership with Sport 24.

Sport 24 is provided exclusively by Panasonic Avionics and is the world’s first and only live in-flight sports platform. It broadcasts 24-hours a day, 365 days a year, connecting airline passengers to over 16 hours of premium live content from over 30 different global sports leagues each day.

MEA’s customers will be able to enjoy all the live action from the world’s top sporting events, including the NFL, NBA, NHL, all four Tennis Grand Slams, all four Golf Majors, the NRL, the UEFA Champions League, English Premier League, Bundesliga, and more.
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