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Thursday, October 28th, 2021

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First Breeze Airways Airbus A220 takes to the skies

Founded in 2018 and operating a fleet of Embraer E190 and E195 jets, Breeze Airways has taken delivery of its first Airbus A220-300 single-aisle aircraft at the Mobile, Alabama delivery centre. At the same time, it was announced that all 80 A220-300 jets on order will be powered by Pratt & Whitney GTFTM geared turbofan engines. In addition, Pratt & Whitney will provide maintenance, repair and overhaul (MRO) services through a comprehensive, long-term EngineWise® agreement.

“We are excited to fly our first Airbus A220 and to grow our fleet in partnership with Pratt & Whitney,” said David Neeleman, founder and CEO at Breeze Airways. “At Breeze, we’re working to make flying accessible and ‘seriously nice’ for everyone. With industry-leading fuel efficiency, Pratt & Whitney’s engines will help us fly more passengers, farther, quieter and more sustainably, at lower fares.”

The A220 offers significantly lower operating costs compared to previous-generation aircraft. The engine can deliver double-digit improvements in fuel and carbon emissions while providing a 75% reduction in noise footprint and producing NOx emissions 50% below the International Civil Aviation Organization (ICAO) CAEP/6 regulation.

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ST Engineering to provide integrated component support to Japan Airlines’ Boeing 787 fleet

ST Engineering's Commercial Aerospace business has secured a multi-year component Maintenance-By-the-Hour (MBH™) contract from Japan Airlines.

Under the five-year contract, ST Engineering will provide full integrated component support starting in September 2021 to the entire fleet of Boeing 787 aircraft belonging to Japan Airlines and its low-cost subsidiary, ZIPAIR Tokyo. This adds to an ongoing Boeing 737-800 component MBH™ programme that the Group has with the airline.

As part of a customised solution for Japan Airlines and a growing trend in leveraging digital technologies to derive valuable insights for MRO, ST Engineering will introduce an on-wing component health and reliability management programme. The programme uses an in-house developed software to provide diagnostics and prescriptive advisory by detecting anomalies and predicting components’ remaining useful life.

Spirit Airlines reports third quarter 2021 net income of US$14.8 million

Spirit Airlines (Spirit) has reported third quarter 2021 financial results. The carrier ended the third quarter 2021 with US$1.9 billion of unrestricted cash, cash equivalents, short-term investment securities and liquidity available under the company's revolving credit facility. Spirit reported third quarter revenues of US$922.6 million and posted a net income of US$14.8 million.

The Company experienced significant operating challenges during the quarter driven in part by adverse weather conditions which, when combined with airport staffing shortages and crew dislocations, led to an unusually large number of flight delays and cancellations. Following these disruptions and in light of continued airport staffing issues, Spirit elected to make tactical schedule reductions to help support its operational reliability, which resulted in lower-than-expected capacity growth for the quarter. Load factor for the third quarter 2021 was 77.6% on a 3.5% capacity increase versus third quarter 2019. Spirit's DOT on-time performance was 68.3% and its Completion Factor was 93.5%. 

Total operating revenues for the third quarter 2021 were US$922.6 million, a decrease of 7.0% versus third quarter 2019. Despite the operational challenges in the quarter and the continued negative impact on travel demand due to COVID-19, the company experienced quarter-over-quarter improvements in total operating revenues and operating yields, increasing 7.4% and 8.0%, respectively from second quarter 2021.

For the third quarter 2021, total revenue per passenger flight segment (Segment) increased 0.7% compared to the same period in 2019 to US$110.91. Fare revenue per Segment decreased 7.6% to US$50.61 while non-ticket revenue per Segment increased 8.9% to US$60.30. Spirit continues to deliver strong non-ticket performance as a result of investments in enhanced product offerings and improved merchandising as well as the realized benefits from revenue management initiatives.

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Alaska Air Group to collaborate with ZeroAvia to develop hydrogen powertrain for 76-seat zero-emission aircraft

ZeroAvia is gaining altitude as a leader in zero-emission passenger aircraft as it announced a development collaboration with Alaska Air Group, the parent company of Alaska Airlines, for a hydrogen-electric powertrain capable of flying 76-seat regional aircraft in excess of 500 NM. Alaska is also joining the list of top investors for the company, alongside a fellow Seattle-based Amazon Climate Pledge Fund and Bill Gates's Breakthrough Energy Ventures.

Alaska and ZeroAvia engineers will work together to scale the company's existing powertrain platform to produce the ZA2000, an engine family capable of producing between 2,000 and 5,000 kilowatts of power with a 500-mile range. The partnership will initially deploy ZeroAvia's hydrogen-electric propulsion technology into a full-size De Havilland Q400 aircraft, previously operated by Alaska Air Group subsidiary Horizon Air Industries, capable of transporting 76 passengers. ZeroAvia will also work closely with aircraft regulators during this project to ensure the aircraft meets both safety and operational requirements. ZeroAvia will set up a location in the Seattle area to support this initiative.

Alaska has also secured options for up to 50 kits to begin converting its regional aircraft to hydrogen-electric power through ZeroAvia's zero-emission powertrain, starting with the Q400 aircraft. This pioneering zero-emission aviation rollout will be supported by the ground fuel production and dispensing infrastructure from ZeroAvia and its infrastructure partners, such as Shell. Working to advance novel propulsion is one of the five parts of Alaska's strategy to achieve net zero

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MENA Technics signs exclusive deal with Pulsar Aviation Services

MENA Aerospace Enterprises' subsidiary MENA Technics has announced a new partnership with US-based Pulsar Aviation Services, an Aviance Group company. MENA Technics now represents Pulsar Aviation Services exclusively in Bahrain, and non-exclusively in all other GCC markets.

The deal adds three new business lines for MENA Technics: the ‘Airframe and Engine Management Programme’, the ’APU and Landing Gear Management Programme' as well as the ‘Project Management Consultancy for Airframe Maintenence Checks’.

Anil Kumar, Acting GM and CFO of MENA Aerospace Enterprises, says: “MENA Aerospace Enterprises focuses on providing one-stop solutions for clients; our Hangar Facility accommodates many models of aircraft, and our MENA Trading division supplies various parts and products. We welcome this new mutually-beneficial agreement with Pulsar Aviation Services, and look forward to offering our clients more services for more types of aircraft.”

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Boeing posts third-quarter net loss of US$132 million

The Boeing Company has reported third-quarter revenue of US$15.3 billion, driven by higher commercial airplanes and services volume. GAAP loss per share of (US$0.19) and core loss per share (non-GAAP) of (US$0.60) primarily reflects higher commercial volume. Boeing recorded operating cash flow of ($0.3) billion. The Company reported a net loss of US$ (132) million

Commercial Airplanes third-quarter revenue increased to US$4.5 billion primarily driven by higher 737 deliveries, partially offset by lower 787 deliveries. Third-quarter operating margin improved to (15.5) percent primarily due to higher deliveries.

The company continues to focus 787 production resources on conducting inspections and rework and continues to engage in detailed discussions with the FAA regarding required actions for resuming delivery. The current 787 production rate is approximately two airplanes per month. The company expects to continue at this rate until deliveries resume and then return to five per month over time. The low production rates and rework are expected to result in approximately US$1 billion of abnormal costs, of which US$183 million was recorded in the quarter.

Commercial Airplanes secured orders for 70 737 MAX, 24 freighter and 12 787 airplanes. Commercial Airplanes delivered 85 airplanes during the quarter and backlog included over 4,100 airplanes valued at US$290 billion.

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Lufthansa Technik supports Smartwings' Boeing 737 MAX 8 aircraft

Lufthansa Technik and Czech airline Smartwings have signed a five-year comprehensive Total Component Support (TCS®) contract covering repair and overhaul of components for the airline's fleet of up to 13 Boeing 737MAX 8 aircraft. Support for the new aircraft has already started.

With the Total Component Support TCS® agreement, Smartwings benefits from an individual supply concept that enables short and rapid transport paths. The new contract includes component MRO services and pool access as well as component delivery to selected international airports within Europe.

Lufthansa Technik already provides comprehensive engine services for Smartwings' CFM56-7B powered Boeing 737NG-fleet.
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Tamar Jorssen
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Email: tamar.jorssen@avitrader.com
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Tamar