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Tuesday, January 4th, 2022

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Airbus launches new subsidiary, Airbus Atlantic, for aerostructure assembly

Subsequent to the company’s announcement in April 2021, Airbus has established a new player in the global aerostructures field – Airbus Atlantic. This Airbus subsidiary will gather together the company’s strengths, resources and skills that exist in its sites at Nantes and Montoir-de-Bretagne, France, together with the central functions associated with the two sites’ activities as well as those of STELIA Aerospace sites worldwide.

The intended unification which was announced earlier last year aims to strengthen the aerostructure assembly value chain within Airbus’ existing set-up. Thus increasing the European planemaker’s competitiveness, innovation and quality for the benefit of future Airbus programmes. Airbus Atlantic will play a key role in the group’s value chain with regard to the aerostructure supply chain, with more than 500 direct suppliers (flying products) and more than 2,000 indirect suppliers (general procurement products).

“At the heart of Airbus, Airbus Atlantic aims at meeting the great challenges linked to a sustainable aviation industry, pioneering new technologies,” said Cédric Gautier, CEO of Airbus Atlantic. “Our first mission will be to ensure the satisfaction of all our customers and to establish new standards of excellence in terms of quality and operational efficiency. I have full confidence in the talent, enthusiasm and commitment of the Airbus Atlantic teams to write this new chapter of our history with success.”


Leonardo completes acquisition of 25.1% in HENSOLDT

Leonardo has completed the acquisition of 25.1% of the shares in HENSOLDT AG (HENSOLDT), a leading German player in the field of sensors for defence and security applications, with an expanding portfolio in sensors, data management and robotics, for a cash consideration of €606 million.

This transaction is a step forward in helping to achieve Leonardo’s strategic objective of acquiring a leadership position in the European defence Electronics market, as defined by the "Be Tomorrow - Leonardo 2030" Plan and reflects Leonardo's determination to play an active role in the consolidation process underway, also in the light of future cooperation programmes in continental Europe.

This investment will allow Leonardo to establish a long-term strategic presence in the fast growing German defence market and to strengthen the long-standing partnership between the two companies through the definition of cooperation initiatives for the development of joint opportunities able to satisfy the most advanced requirements of domestic and international customers in the Air, Land and Naval domains, leveraging on a strong complementarity between the two companies in terms of geography, product portfolio, end markets, customers and suppliers.

TAM announces SAAB 2000 cargo conversion programme

TAM, Täby Air Maintenance, is finalizing a new project, converting the high-speed turboprop Saab 2000 regional airliner into cargo configuration. The conversion project is spearheaded in close collaboration with launch customer Jetstream Aviation Capital, Miami, Fl.

Currently, the design work, lead by TAM's Design Organisation and associated parts production is being managed at TAM's facilities in Örebro, Sweden.

The Sab 2000 cargo will feature six net-divided loading bays, in addition to the current passenger aircraft cargo compartments, all bays will meet 9G-approval requirements.

Total Cargo volume will be 55.4 m³/1960 cu ft, with a floor loading limit of 730 kg/m² /150 lb/sq. ft and a target max payload of 6,622 kg /14,600 lbs. For operations under US FAR Part 135, the max payload will be limited to 3,402 kg /7,500 lbs.

The first aircraft is planned for conversion in the first quarter of 2022 with scheduled completion including obtaining EASA and FAA approval by the end of March 2022.


Bill Polyi, Magellan Aviation Group President and CEO, to retire

Bill Polyi, Magellan Aviation Group President and CEO has announced that he will retire as of January 7, 2022. Company Chairman, Michimoto “Mitch” Asano will be taking over as Interim President and CEO upon Polyi’s departure to ensure Magellan Aviation Group’s commitment to its customers and partners continues to be of utmost priority.

With roots dating back over 35 years, Magellan Aviation Group has become an internationally known provider of aftermarket aviation products and services to the commercial and regional airline industries. Magellan provides quality airframe and engine parts, aircraft and engine sales and leasing, as well as inventory management and consignment programmes.

Rolls-Royce completes sale of Bergen Engines

Rolls-Royce has completed the sale of its Bergen Engines business to Langley Holdings for an enterprise value of €63 million. The completion of the transaction, which was announced on August 3, 2021, follows the conclusion of work to separate the business from the group.

Sale proceeds of €91 million from the transaction, together with €16 million of cash held within Bergen Engines which has been retained by Rolls-Royce, will be used to help rebuild the Rolls-Royce balance sheet in support of its medium-term ambition to return to an investment grade credit profile. In 2020, Bergen Engines generated revenues of approximately €200 million with the assets and liabilities of the business presented as held for sale in the Rolls-Royce Holdings plc consolidated balance sheet.

VINCI Airports takes over operations at Annecy Mont-Blanc airport

After signing a public service concession agreement with the Haute-Savoie department last July, VINCI Airports has taken over operations at Annecy Mont-Blanc airport on January 1. VINCI Airports will now manage and operate the airport for 15 years, bringing its network of French airports up to 12.

VINCI Airports will support business aviation and leisure travel through a €10 million investment plan co-funded with the Haute-Savoie department, enabling Annecy Mont-Blanc to renovate its runway, improve the quality of service for passengers and crews through the redevelopment of the business terminal and step up the airport’s environmental transition. Annecy Mont-Blanc airport is taking various measures to significantly decrease its CO2 emissions with the aim of reaching net zero emissions by 2030 at the latest, such as the renovation of the airport terminal, development of a photovoltaic plant, replacement of all lighting with LED bulbs, shift to electric runway vehicles, installation of electric vehicle charging stations and support for light electric aircraft.

Delta TechOps MRO reaches new milestone with first Rolls-Royce Trent 1000 TEN engine service

Delta TechOps achieved a major milestone by completing the first shop visit and test of a Rolls-Royce Trent 1000 TEN engine at its state-of-the-art Technical Operations Center in Atlanta. As a powerplant option for the Boeing 787 aircraft operators, the test marks the first production of this model through Delta TechOps’ maintenance facility.

During the shop visit, the engine was disassembled to replace high pressure turbine systems and blades and several reliability improvement service bulletins were incorporated. To successfully pass the test, the engine had to meet multiple performance parameters such as thrust, balance and temperatures.

Prior to the engine visit, many departments within Delta TechOps worked in tandem with onsite support partners from Rolls-Royce to complete the first production of this model.

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Tamar Jorssen
Vice President Sales & Business Development
Email: tamar.jorssen@avitrader.com
Phone: +1 (788) 213 8543