Daily2018-02-20
Follow-Us-Facebook
Follow Linkedin
Follow Twitter

LATEST NEWS

Tuesday, August 2nd, 2022

brought to you by

Australia's new LCC airline Bonza takes delivery of first of seven 737 MAXs on order

Australia's new low-cost-carrier (LCC) Bonza has confirmed it has taken delivery of the first of seven Boeing 737 MAX 8 aircraft it has committed to receiving during 2022. The arrival ceremony was held at the Sunshine Coast Airport, 90km north of Brisbane, where the LCC will be based.

The new airline, owned by Miami-based investment firm 777 Partners, and founded by its CEO and former Virgin Blue Administrator Tim Jordan, expects to commence operations in late September this year. The domestic carrier will, initially, operate on 27 routes, serving destinations in New South Wales, Queensland and Victoria. Bonza's operating model has been likened to an Australian version of Ryanair, with all jets being fitted out for all-economy-class travel.

The 737 MAX 8 will enable Bonza to optimise its domestic operations, while reducing fuel use and carbon emissions by 20% and creating a 50% smaller noise footprint compared to previous-generation airplanes. The 737 MAX family of jets uses the latest CFM International LEAP-1B engines, advanced technology winglets and other aerodynamic enhancements, improving performance and reducing operational costs.

“We are beyond excited to welcome our first 737 MAX to Sunshine Coast Airport and with so much buzz around the country for Bonza, we hope today is also exciting for the communities we’ll be flying to,” said Jordan.

WER_02

Horizon Aircraft successfully completes construction of a 50%-scale prototype VTOL aircraft

Horizon Aircraft (Horizon), an innovative leader in hybrid electric vertical take-off and landing (VTOL) aerial vehicles, has successfully completed the construction of its innovative 50%-scale “Cavorite X5” prototype. Horizon’s innovative approach and technology allows the aircraft to fly 98% of its mission in a very low-drag configuration like a traditional aircraft. Flying most of the time as a normal aircraft is also safer and should make the aircraft easier to certify than radical new eVTOL designs. The full-scale aircraft will also be powered by a hybrid electric system that can recharge the battery array in-flight while providing additional system redundancy. Comprehensive testing of this 50%-scale aircraft will reduce technical risk moving forward as Horizon continues development of its full-scale aircraft.

Brandon Robinson, CEO of Horizon Aircraft said, “with a 22-foot wingspan, 15 feet in length and capable of speeds over 250 km/h, this 50%-scale prototype is an impressive aircraft. Furthermore, it will yield valuable information that will help to reduce technical risk as we move forward with detailed design of our full-scale aircraft.”

Horizon Aircraft will continue with rigorous testing of its 50%-scale prototype with a strong focus on safety. The Company will soon proceed through transition testing and high-speed flight testing to prove the Cavorite platform is the most advanced and flexible VTOL design in the market.

SRT_20

Rex's profit guidance following sterling start to new financial year

Rex has reported record-high passenger numbers and revenue across both its domestic and regional networks in the first month of the financial year 2023 (FY2023).

On the domestic front, July’s pre-audited base passenger revenue was at AU$13.6 million, almost double that of the monthly average of the prior three months at AU$6.87 million. Load factor was at 86% across the entire domestic network.

On the regional routes, July’s revenue and passenger numbers were almost identical to that of July 2019, the latest comparative month before the COVID-pandemic, with about 4% less flying. The revenue per flight and the load factor have both improved by 8% and 7% respectively.

Commenting on these astonishing results, Rex’s Executive Chairman, Lim Kim Hai said, “Our phenomenal performance can be attributed in large part to the tie-ups we signed in the prior few months with Travel Agency groups and corporate accounts, as announced in our media release of June 24, 2022. I have every expectation that our numbers will continue to grow sharply over the next few months since July has seen only 30% of the committed monthly passenger contributions from these tie-ups.”

MAAS Aviation welcomes Malachy McEnroe as Chief Financial Officer

MAAS Aviation, recognised experts in aircraft painting and exterior coatings, has announced the appointment of Malachy McEnroe as Chief Financial Officer.

An experienced international CFO and board member, McEnroe has worked in finance and business for over 25 years, most recently in the international logistics equipment leasing sector. He has extensive experience in growing international businesses, spearheading transformation and has contributed to impressive value creation. As part of the company’s C-Suite Team and a board member, McEnroe's role at MAAS will focus on supporting the business growth strategy and future investments, while driving day-to-day financial and operational improvements. 

McEnroe will be based between MAAS’ facilities in the Netherlands and Dublin but plans to have a strong presence at all of the group’s operational facilities in Lithuania, Germany and Alabama, U.S.A.

GAT_222

StandardAero opens two new Rolls-Royce approved facilities dedicated to servicing RR300 helicopter engines

StandardAero has announced the addition of two new approved facilities for Rolls-Royce RR300 helicopter engine MRO. With this new expanded capability, the company is now able to service this engine type for Robinson R66 helicopter operators in Westminster, British Columbia and Concord, North Carolina in addition to its existing facilities in Winnipeg, Manitoba , Portsmouth UK and Singapore.

While RR300 MRO will now take place at the two new facilities, engine testing capabilities will remain at the locations in Winnipeg, Portsmouth and Dallas. StandardAero also services helicopter engine LRU’s including fuel control units, PT governors, fuel pumps and starter generators at its Portsmouth, Hialeah, Florida and Broomfield, Colorado locations.

In addition to its repair and overhaul capabilities, StandardAero maintains an extensive pool of engines, modules and accessories for quick exchange services. The company has also made new investments in lease assets and is well positioned to service this growing market.

CCT_10

AAR Sumisho Aviation Services (ASAS) signs new distribution agreement with Northrop Grumman for E-2D Advanced Hawkeye parts

AAR Sumisho Aviation Services (ASAS), a joint venture launched by AAR CORP and Sumitomo Corporation, has signed a new agreement with Northrop Grumman for E-2D Advanced Hawkeye aircraft parts distribution. The Japan Air Self-Defense Force has been operating the E-2D since March 2019.

Under the five-year agreement, ASAS will be the distributor of certain Northrop Grumman parts to the Japan Ministry of Defense’s (JMOD) E-2D tactical airborne early warning aircraft programme. ASAS will provide parts demand forecasting, stock component and spare parts inventory and manage logistics to support the programme. This relationship, ASAS’ first with Northrop Grumman, builds on AAR’s and Sumitomo’s long-term relationships with the E-2 programme, along with their combined strengths in offering product and service solutions to Japan’s defense sector.

Falcon gains industry first post-Brexit UK CAA approval with Aerodynamics Academy

The Falcon Flight Training Academy – part of Falcon Group – has become the first UK approved training organisation (ATO) in the post-Brexit era to gain UK CAA approval to operate in Europe. It will work in partnership with Spanish flight school Aerodynamics Academy, delivering UK commercial pilot training courses from the company’s satellite base in Malaga.

Headquartered at London Biggin Hill Airport, Falcon Group’s 45 years in the industry has seen it grow into a full-service general aviation operation, with a fleet of 40 Piper aircraft, approved and declared training organisations and its own MRO facility. With the new UK CAA approved site, Falcon and Aerodynamics Academy will work together to offer comprehensive flight training, from ab initio through to commercial licenses and instructor ratings.

Alongside its partners, Falcon Group aims to play a key part in injecting renewed confidence in the aviation industry specifically through its extensive training programmes.
AviTrader_Weekly_Headline_News_Cover_2022-08-01

click here to download the latest PDF edition

MRO-2022-07 cover-final

click here to download the latest PDF edition

click here to subscribe to our other free publications

AIRCRAFT & ENGINE MARKETPLACE

click here to view in PDF aircraft and engines available for sale and lease

Follow Twitter
Follow Linkedin
Follow-Us-Facebook
Interested in advertising with AviTrader?

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