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Tuesday, August 23rd, 2022

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Emirates to begin multi-billion-dollar and largest-ever retrofit involving 120 aircraft

Emirates, the Middle East’s largest airline, will embark on the retrofit of a combined 120 Airbus A380 and Boeing 777 aircraft in November of this year as part of a multi-billion-dollar investment to help customers ‘fly better’ during the coming years.

Having carried out various carefully monitored tests, it has been shown by Emirates Engineering team that a single aircraft can be fully retrofitted in just 16 days. The target is to retrofit four aircraft each month over the next two-plus years, starting with the 67 Airbus A380s and followed by 53 Boeing 777. The retrofit will see 4,000 brand new Premium Economy seats installed, 728 First Class suites refurbished and over 5,000 Business Class seats upgraded to a new style and design when the project is complete in April 2025.

Trials commenced on an A380 in July, where experienced Emirates’ engineers took each cabin apart, piece by piece, and logged every step. From removing seats and panelling to bolts and screws, each and every action was tested, timed and mapped out. Potential hurdles to completing the installation of Emirates’ new Premium Economy Class or the retrofit of the remaining three cabins in just 16 days were flagged and documented for specific teams to review and address.

As part of the programme, new purpose-built workshops will be created at Emirates Engineering to repaint, re-trim and re-upholster Business and Economy Class seats with new covers and cushioning. First Class suites will be disassembled and sent to a specialist company to replace the leather, arm rests and additional materials.

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AlMasria Universal Airlines opts for Rusada’s ENVISION

Egypt’s second largest carrier, AlMasria Universal Airlines, has selected Rusada’s ENVISION software to unify its airworthiness, maintenance and flight operations. From its base in Cairo, AlMasria serves destinations across North Africa, Europe and the Middle East with a growing fleet of Airbus A320 and Boeing 737aircraft.

To achieve greater efficiency and cooperation during their planned growth, AlMasria will adopt Rusada’s ENVISION software to manage an array of activities through one solution. Modules to be implemented include Fleet Management for airworthiness, Operations Control for flight ops, Base & Line Maintenance and Inventory Management.

Rusada’s in-house implementation teams will deploy each module in a staged approach to ensure a seamless transition for AlMasria.

Rolls-Royce Trent XWB-84 engine reaches ten-million engine flying hours

The Rolls-Royce Trent XWB-84 engine, which powers the Airbus A350-900, has now accumulated more than ten-million engine flying hours, achieving another impressive milestone for the engine programme.

Following its entry into service in 2015, the Trent XWB-84 has reached this landmark by supporting more than 30 airlines operating on a variety of different routes from short-range segments to ultra-long-range flights of more than 18 hours – demonstrating its versatility and capability.

Chris Cholerton, President Rolls-Royce Civil Aerospace, said: “Reaching ten-million flying hours is another great achievement for the Trent XWB. It is the latest in the Trent family to reach this milestone and has done so faster than any other Trent engine, in just over seven years of operation. We are incredibly proud of the Trent XWB as it continues to set new benchmarks on sustainability, reliability, and versatility.”

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Mesa Air Group reports third-quarter 2022 net loss of US$10.0 million

Mesa Air Group has released its third-quarter fiscal 2022 financial and operating results.

The Group reported total operating revenues in Q3 2022 was US$134.4 million, an increase of US$9.2 million (7.4%) from US$125.2 million for Q3 2021. Contract revenue increased US$9.2 million, or 8.4%. This was due to the return to normal rates from its partners, which were temporarily reduced last year related to the PSP programme. These were partially offset by a reduction in block hours. Mesa’s Q3 2022 results include, per GAAP, the recognition of US$6.8 million of previously deferred revenue, versus the deferral of US$1.9 million of revenue in Q3 2021. The remaining deferred revenue balance of US$22.7 million will be recognised as flights are completed over the remaining terms of the contracts.

Mesa’s Adjusted EBITDA for Q3 2022 was US$20.1 million, compared to US$35.3 million in Q3 2021 and adjusted EBITDAR was US$29.4 million for Q3 2022, compared to US$44.9 million in Q3 2021.

Mesa’s Q3 FY22 results reflect a net loss of US$10.0 million, compared to net income of US$4.3 million for Q3 FY21. Mesa’s Q3 FY22 adjusted pre-tax loss was US$8.7 million versus an adjusted pre-tax income of US$5.8 million in Q3 FY21. The year-over-year decrease in adjusted pre-tax income of US$14.5 million was primarily due to lower block hours, the net impact of the PSP programme and the change in deferred revenue.

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Wizz Air CFO Jourik Hooghe to step down

Jourik Hooghe, Group Chief Financial Officer of Wizz Air, has decided to step down to pursue opportunities outside of the company. Hooghe will be available during the transition period until December 31, 2022.

Ian Malin will be joining Wizz Air on October 1, 2022, to take on the Group Chief Financial Officer position, based in Budapest reporting to the Chief Executive Officer. He will assume responsibilities for digital development, investor relations, financial planning and controlling, accounting and treasury as a member of the company's executive leadership team.

Malin has a proven track record in the finance area as a global executive. He has gained extensive professional experience over the past 22 years, among others at KPMG, Allco Finance Group, Seabury, the AJW Group and Unical Aviation. Malin holds bachelor and juris doctor degrees from Middlebury College and New York Law School.

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Aemetis to supply Aer Lingus and BA with SAF for flights from San Francisco Airport

Renewable fuels company Aemetis has signed a multi-year agreement with International Airlines Group (IAG) to supply sustainable aviation fuel (SAF) to help power both British Airways and Irish flag carrier Aer Lingus’ flights from San Francisco Airport from 2025.

IAG, parent company of both British Airways and Aer Lingus, will purchase a total of 78,400 tonnes of SAF over seven years, enough to reduce CO2 emissions by up to 248,000 tonnes (the equivalent of taking over 16,000 cars off the road) across the same time period.

The SAF will be produced at the Aemetis Carbon Zero plant currently under development in Riverbank, California. This plant will be powered by 100% renewable electricity and is designed to sequester CO2 from the production process, significantly reducing the carbon intensity of the fuel.

Jonathon Counsell, Head of Sustainability at IAG, said: “SAF is key to decarbonising aviation and IAG has to date committed US$865 million in SAF purchases and investments.  We see great potential to develop a long-term partnership with Aemetis which is at the cutting edge of producing low carbon biofuels from sustainable wastes.” 

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Collins Aerospace completes first flight of next-generation MS-110 sensor

Collins Aerospace has successfully completed the first flight test of its newest fast-jet reconnaissance pod, the MS-110 multispectral airborne reconnaissance system, on an F-16 jet for an undisclosed international customer. The test flight demonstrated aircraft integration, flightworthiness, and full-system performance within the demanding confines of tactical jet flight envelopes.

The advanced MS-110 greatly enhances airborne reconnaissance mission capabilities by providing a longer range and wider area of surveillance in contested and peacetime scenarios against peer and near-peer adversaries. The system’s advanced imagery and multispectral capabilities detect targets with a higher degree of confidence, even through poor weather/atmospheric conditions and may be rapidly disseminated via high-bandwidth datalink and Collins’ ground intelligence-sharing architecture.

Collins Aerospace reconnaissance systems have been fielded and are operational on tactical fast jet platforms such as the F-15 and F-16, as well as special mission ISR business jets. The system is also compatible with MALE UAVs such as the MQ-9. The MS-110 sensor evolved from the highly successful DB-110 system and leverages Collins Aerospace’s proven multi-spectral imaging (MSI) expertise from SYERS-2C flown on the U-2.
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Email: tamar.jorssen@avitrader.com
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Tamar