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Monday, November 29th, 2021

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VietJet Air and SR Technics sign US$150 million memorandum of understanding

Vietjet Air (Vietjet), the largest airline in Vietnam in terms of the total number of passengers transported domestically, and SR Technics, a world-leading MRO services provider, have signed a memorandum of understanding (MoU) in Zurich, Switzerland on November 26 worth US$150 million (£112.8 million).

SR Technics will be responsible for providing MRO services for Vietjet’s CFM56-5B fleet of engines that are currently installed on Airbus A320 and A321 passenger jets, including the provision of engine maintenance, technical and training services, component requirements and repair and setting up a new aviation training centre, as a joint venture between Vietjet and SR Technics.

Vietjet operates across an extensive domestic and pan-Asia Pacific network and is looking to expand its operations to further international destinations. The carrier operates one of the youngest fleets of jets in the region and also globally.

Commenting on the MoU signing at the ceremony in Bern, Switzerland, SR Technics' CEO Jean-Marc Lenz said: “We are very proud that Vietjet is committing to a long-term partnership with SR Technics. This confirms their confidence in SR Technics’ ability and expertise to provide best-in-class MRO services including engine maintenance and technical and training support in line with the highest benchmarks in the industry in terms of safety and quality.”

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Stratos adds Hongtao Li and Kevin Moynihan to executive team

Stratos, a leading aircraft investment specialist and asset manager, has announced the addition of two industry professionals to its team: Hongtao Li as Head of Greater China on various strategic marketing initiatives and based in Hong Kong and Kevin Moynihan as Lease Manager based in Shannon, Ireland.
Li has accumulated over 20 years of experience with top OEMs and international airlines. He most recently held the role of Sales Director at Airbus (China) covering aircraft sales and after sales services. Prior to this, Li worked in maintenance management supporting airline operations for various airlines based in Shanghai.

Moynihan is a chartered accountant and most recently worked at Phoenix American Financial Services and was responsible for leading various activities in ABS deals. Hem began his career in KPMG Ireland where he worked on audits in the manufacturing and production industry.

Air France-KLM Group and its airlines continue efforts to reduce environmental footprint

The Air France-KLM Group and its airlines are continuing their efforts to reduce their environmental footprint as part of a transparent and responsible approach to the challenges of global warming.

On November 29, the Group committed to having its CO2 emissions reduction targets validated by the independent reference organisation SBTi, founded by the Carbon Disclosure Project (CDP), the United Nations Global Compact and the World Wildlife Fund (WWF). SBTi assesses and checks companies' CO2 emissions reduction targets based on a scientific approach and criteria, ensuring that the targets are in line with the Paris Agreement.

The letter of commitment signed on November 29, with SBTi places the Air France-KLM Group and its airlines in the trajectory determined by this agreement, which aims to limit global warming to well below 2°C. Air France-KLM is one of the first European airline groups to have its decarbonisation trajectory validated by SBTi.

This new important step in the Group's decarbonisation strategy comes in addition to its objective of net-zero emissions by 2050.

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Cebu Pacific takes delivery of first A330neo on lease from Avolon

Cebu Pacific has taken delivery of its first A330neo on lease from Avolon, as it begins its wide-body fleet modernisation programme.

The aircraft is configured with 459 seats in single-class layout and will be operated by the airline on trunk routes within the Philippines and the rest of Asia, as well as on longer-range services to Australia and the Middle East. The A330neo offers versatility for a wide-range of routes from shorter regional services to medium- and long-haul operations.

Altogether Cebu Pacific has ordered 16 A330neo aircraft and also has 16 A320neo and 22 A321neo aircraft outstanding to be delivered. The low-cost carrier currently operates 50 Airbus aircraft, comprising 43 A320 family and seven A330ceo aircraft.

The aircraft is powered by Rolls-Royce’s latest-generation Trent 7000 engines and features a new composite wing with increased span for enhanced aerodynamics.

Collins Aerospace signs Dispatch agreement to support Japan Airlines' Boeing 787 fleet

Collins Aerospace has entered into a long-term agreement to support Japan Airlines’ (JAL) fleet of Boeing 787 aircraft through its DispatchSM flight-hour-programme. Dispatch guarantees the availability of high-performance avionics and communications assets to customers around the globe.

The agreement marks the continuation of a successful relationship between JAL and Collins Aerospace. Collins currently provides service to the airline’s A350 fleet through an existing Dispatch contract. JAL will have comprehensive support that includes global pool access, maintenance services including reliability upgrades, access to Collins Aerospace’s worldwide 787 asset pools and technical assistance.

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Frontier Airlines opens new crew base at Atlanta Hartsfield-Jackson International Airport

Low-fare carrier Frontier Airlines has officially marked the opening of its new crew base at Atlanta Hartsfield-Jackson International Airport (ATL). Frontier plans to grow the new base to 400 flight crew members, including pilots and flight attendants, over the next year.

“We’ve grown over 40% at ATL since 2019 and we now offer more than 30-nonstop routes including new international service to Cancun and Montego Bay starting next week, making Atlanta a significant operation for Frontier and we’re excited to further our commitment in the market with our newest crew base,” said Daniel Shurz, senior vice president of commercial, Frontier Airlines. “Air service is a significant economic driver for cities and we’re proud to contribute to Atlanta’s success through this expansion, including an additional US$28 million in annual economic benefit from new wages alone.”

Frontier currently offers 31 nonstop routes, including three international destinations, from Atlanta Hartsfield-Jackson International Airport with a wide range of additional flight connection opportunities within Frontier’s domestic and international network. Atlanta has risen to become Frontier’s fifth largest airport by departures, with a 42% increase in available seats since 2019. Across its network, the airline serves more than 100 destinations in total and has approximately 140 new aircraft on order and scheduled to enter its fleet between now and 2028.

ST Engineering receives AML-STC for installation of Aviation Clean Air’s Proactive Air Purification Solution on Airbus platforms

The Commercial Aerospace business of ST Engineering has received the Approved Model List Supplemental Type Certificate (AML-STC) from the FAA to install Aviation Clean Air (ACA)’s cabin air purification solution on Airbus platforms. With the certification, ST Engineering can install the patented Needlepoint Bipolar Ionisation (NPBI™) system that neutralises pathogens and purifies air in cabin interiors during flight operations on commercial and VIP-configured Airbus A320/A321 aircraft.

“With more borders opening up, we want to help boost passenger safety and confidence and enhance passenger comfort with innovative cabin interior sanitisation solutions. By combining our MRO and engineering expertise with ACA’s patented purification system, we aim to provide this proven and low-maintenance solution to support the return to flying,” said Tan Yen Ping, Vice President and Head, Cabin Interior and Engineering Solutions, ST Engineering.

ACA’s air ionisation and purification system is powered by the patented NPBI process, which has been proven to swiftly purify the air and surfaces as well as neutralise viruses and bacteria throughout an aircraft interior. The system is able to stop the spread of up to 99.9% of airborne and surface pathogens, including the SARS-CoV-2 virus. The NPBI process can also remove odours, dust and pollen, prevent mould, neutralise common industrial gases and reduce static electricity.
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