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Friday, April 22nd, 2022

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New multi-year contract AMAG components strengthens ties with Ruag Aerostructures

Headquartered in Übersee am Chiemsee, Germany, AMAG components, formerly Aircraft Philipp (ACP) now a fully owned subsidiary of AMAG Austria Metall AG, has signed a multi-year contract with Ruag Aerostructures to supply parts and components mainly for the Airbus A320. While both parties have agreed not to disclose the full details of the agreement, AMAG components is now able to secure the existing scope of supply for years to come and obtain additional orders for new parts and assemblies. The deal is understood to have a value in the region of €100 million (£8.3 million).

"This important and successful contract with our long-standing customer Ruag Aerostructures in Oberpfaffenhofen in Germany is a wonderful confirmation of our clear focus on high-quality special products, as well as our reliability when it comes to delivery assurance and service,” said Gerald Mayer, CEO of AMAG Austria Metall AG.

In addition to the technical requirements for the products, which are primarily used in the Airbus A320 Single-Aisle-Programme, the focus was also on reducing the use of raw materials in production. AMAG components has a reputation for the production and supply of complex individual aircraft components made from aluminium and titanium. The company has considerable experience in successful material recycling through the adoption of closed materials cycles. The chips and cuttings produced in machining are recycled at AMAG Austria Metall AG’s headquarters in Ranshofen, helping to minimise the carbon footprint in the aviation industry.


Kellstrom Aerospace Group names Oscar Torres new President and CEO

Kellstrom Aerospace Group, a leader in Aviation Life-Cycle Cost Management Solutions, has appointed Oscar Torres to President and Chief Executive Officer succeeding Jeff Lund who recently retired.

Torres joined the company in 1999 and has held several senior positions, most recently as Executive Vice President of Operations and Chief Financial Officer. “Oscar’s extensive experience and knowledge of the commercial aerospace aftermarket make him an excellent choice to lead Kellstrom toward fulfilling its full-service aftermarket vision,” said Paul Fulchino, Chairman of Kellstrom’s Board of Directors.

“We thank Jeff for his contributions and leadership during the past six years and wish him and his family the very best in his retirement,” said Torres. “I am excited about the opportunity to lead Kellstrom and continue its commitment to provide cost-effective and superior quality solutions to our business partners.”

Republic of Angola orders three Airbus C295 aircraft

The Republic of Angola has placed a firm order for three Airbus C295 aircraft to perform multirole operations. Two aircraft will be specifically equipped for maritime surveillance and one for transport missions.

The aircraft configured for transport missions will be able to carry out tactical cargo and troop transport tasks, paratrooping, load dropping or humanitarian missions.

The two C295s configured as Maritime Surveillance Aircraft (MSA) will play a key role for Search and Rescue (SAR), control of illegal fishing and borders, support in case of natural disasters and intelligence-gathering missions, among others. They will be equipped with the Airbus-developed Fully Integrated Tactical System (FITS) mission system as well state-of-the-art sensors.

All three aircraft will be equipped with the latest version of the Collins Aerospace Pro Line Fusion avionics suite.


Field Aerospace wins contract to provide and modify new British Antarctic Survey aircraft

Field Aerospace has been awarded, as Prime Contractor, a contract by United Kingdom Research and Innovation (UKRI) to supply an aircraft for use by the British Antarctic Survey (BAS). The De Havilland DHC-8 aircraft will replace the four-engine DHC-7 aircraft in service with BAS since 1994 which was also modified by Field Aerospace and includes a three-year maintenance and support programme.

De Havilland Aircraft of Canada and Collins Aerospace have been chosen as major sub-contractors. The base aircraft will be delivered by De Havilland Aircraft of Canada, who will also provide training and support. The Collins Aerospace freighter conversion cargo bay door will be installed allowing the aircraft maximum versatility.

British Antarctic Survey (BAS), delivers and enables world-leading interdisciplinary research in the Polar Regions. Its skilled science and support staff based in Cambridge, UK., Antarctica and the Arctic, work together to deliver research that uses the Polar Regions to advance the understanding of Earth as a sustainable planet. Through its extensive logistic capability and know-how BAS facilitates access for the British and international science community to the UK polar research operation. Numerous national and international collaborations, combined with an excellent infrastructure help sustain a world-leading position for the UK in Antarctic affairs.

The DHC-8 will be used to ferry passengers and cargo to and from the Rothera Research Station, Antarctica in support of polar science and operations.


SmartSky names Thornton Aviation sales and installation provider

SmartSky Networks, the innovative air-to-ground (ATG) inflight connectivity provider, has announced California-based Thornton Aviation as a sales and installation provider for SmartSky’s advanced shipsets at Thornton’s Van Nuys and Burbank, California locations.

With over three decades of excellence in aircraft services, Thornton Aviation will sell and install SmartSky’s connectivity equipment. Thornton’s proven track record of on time and on budget aviation services will bring SmartSky’s dependable, responsive and secure inflight connectivity to the wide range of corporate and business aircraft currently serviced and managed at Thornton’s FAA Certified facilities.

SmartSky’s products and services are available through a growing network of installation partners and Value-Added-Resellers (VAR).  The three interrelated offerings include SmartSky’s patented, next-generation air-to-ground network, advanced antennas and ABRs and a transformational digital platform and application-layer, Skytelligence®. Full CONUS network coverage is on track for the end of this quarter and hardware is available for installation.


Pro Star Aviation’s Special Missions team completes two unique Challenger CL-650s

Pro Star Aviation, an innovative special missions aerospace modification centre, has completed and delivered two special mission Challenger 650 aircraft utilising several FAA STCs approved by its STC ODA.

The aircraft modifications included a lightweight missionised interior, multiple operator stations, equipment racks, a mission power system and a supplemental in-air cabin cooling system. The team integrated numerous mission radios and antennas, including a belly radome with highly adaptable and flexible payload mounting provisions, tail strakes, and a retractable camera system supporting a twenty-inch camera.

"Our Special Missions team has become proficient at integrating and certifying complex state-of-the-art mission systems into various aircraft platforms," stated John Hill, Special Missions Business Development Manager, "the pair of Challenger 650s were no exception. We can rapidly change the aircraft mission profile, which assures readiness in a short time frame."


Alaska Air Group reports first quarter 2022 net loss of US$143 million

Alaska Air Group has reported financial results for its first quarter ending March 31, 2022. The Group reported net loss for the first quarter of 2022 under Generally Accepted Accounting Principles (GAAP) of US$143 million, compared to a net loss of US$131 million in the first quarter of 2021.

Net loss for the first quarter of 2022, excluding special items and mark-to-market fuel hedge accounting adjustments, was US$167 million compared to a net loss, excluding special items and mark-to-market fuel hedge accounting adjustments, of US$436 million in the first quarter of 2021.

The Group generated US$287 million in operating cash flow for the first quarter, driven by increased advance bookings as both leisure and business demand for air travel continue to recover.

Alaska Air Group held US$2.9 billion in unrestricted cash and marketable securities as of March 31, 2022 and ended the quarter with a debt-to-capitalisation ratio of 50%, within its target range of 40% to 50%.

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