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Thursday, August 25th, 2022

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Lufthansa Technik Philippines opens new 9,000 m² overhaul hangar in Manila

Lufthansa Technik Philippines, the joint venture between Lufthansa Technik AG and MacroAsia Corporation, the largest Philippine aviation service provider, has held an opening ceremony at Manila Airport for the opening of a new 9,000 m² hangar which will increase the company’s existing seven lines to ten.

The parking spaces provide options for multiple configurations, such as four narrow-body aircraft, or one wide-body aircraft and two narrow-body aircraft. Alternatively, an Airbus A380 can also be accommodated. This fourth hangar will increase the overhaul capacities by up to 20% and provide work for a minimum 275 additional employees.

"This is a very special milestone for Lufthansa Technik Philippines in the 22nd year of our existence. It marks a transition from some of the most difficult times we have experienced as a company due to the pandemic to the current phase of noticeable recovery. This is concrete, tangible evidence that we see clearer skies ahead of us," said Elmar Lutter, President and Chief Executive Officer of Lufthansa Technik Philippines.

"The opening of the new hangar is Lufthansa Technik Philippines' response to the increasing demand for aircraft maintenance, as travel continues to increase and a majority of the worldwide fleets are now back in operation,” said Rainer Janke, Vice President for Marketing & Sales at Lufthansa Technik Philippines.

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Four additional Boeing 737 MAX 8 aircraft will join Virgin Australia’s fleet

Virgin Australia Group has announced the addition of four Boeing 737 MAX 8 aircraft and priority access to a Boeing 737NG full-flight simulator that will be deployed in Jandakot, near Perth, as part of a long-term partnership with global aviation training provider CAE.

The Boeing 737 MAX 8 aircraft, which are in addition to another four MAX 8 aircraft announced in April 2022, will reduce emissions by 15% per flight and play an important part in Virgin Australia’s net-zero journey. These additional aircraft support capacity increases in-line with Virgin Australia’s broader growth strategy bringing the total Boeing 737 fleet to 92 (consisting of 737-700s, 737-800s and Boeing MAX 8s) an increase of nearly 60% since relaunching in November 2020.

First delivery of the additional Boeing 737 MAX 8 aircraft is expected in 2023.

Kristian Pullola succeeds Mika Stirkkinen as Finnair Chief Financial Officer

Finnair has appointed Kristian Pullola, M.Sc. (Economics) as Chief Financial Officer and member of the Finnair Executive Board as of October 1, 2022.

Pullola will start at Finnair as an executive advisor already as of September 1, 2022. Finnair’s current CFO Mika Stirkkinen will act as an executive advisor as of October 1, 2022 and will leave Finnair on October 31, 2022.

Pullola has previously worked for a long period as Chief Financial Officer of Nokia and prior to that, he held other senior leadership positions in accounting, finance and investor relations at Nokia. Pullola is a board member at Kemira Plc and Terveystalo Plc and chairman of the board at Antilooppi Management, Eduhouse and FinanceKey.

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AviaAM Leasing delivers third 737-800 Boeing Converted Freighter to lessee

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, has announced its third delivery of a 737-800 Boeing converted freighter.

The aircraft has joined the fleet of Bluebird Nordic, a rapidly growing Iceland-based cargo airline, offering ACMI and full-service cargo services. The continued cooperation between both companies – which are a part of Avia Solutions Group, a global end-to-end capacity provider – is assisting the lessee in continuously reaching the step-by-step fleet expansion goals.

The 737-800 passenger-to-freighter (P2F) conversion work was provided by Boeing at Taikoo (Shandong) Aircraft Engineering Company (STAECO) in Jinan (TNA), China.

Norwegian delivers profit before tax of NOK 1,248 million in the second quarter of 2022

Norwegian has reported its results for the second quarter and first half of 2022, characterised by increasing demand for air travel, higher fuel prices and gain from aircraft order. The figures demonstrate Norwegian’s ability to increase capacity for the busy summer travel season and deliver robust operational performance.

Amidst capacity constraints at European airports and aircraft technician strike, close to all scheduled flights were operated. Profit before tax (EBT) in the second quarter amounted to NOK 1,248 million, impacted both by the reinstatement of aircraft order prepayments and the high fuel price this quarter. Cash and cash equivalents were unchanged from the previous quarter at NOK 7.5 billion.

At quarter-end, Norwegian’s total operational fleet comprised 65 aircraft.

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Asia Pacific flight capacity lags behind global recovery despite annual growth, IBA Insights show

IBA a leading aviation market intelligence and consultancy company, has published its monthly Aviation Industry Barometer for July 2022, showing that whilst Asia-Pacific lags behind, it does show healthy signals with a 20% growth year-on-year. Intelligence from IBA Insight indicates that the recovery in monthly global passenger flights grew by 3% in July 2022 compared to June 2022, with flight capacity now at 83% relative to pre-pandemic levels. IBA’s Aviation Industry Barometer for July 2022 also reveals that:  

Overall, there were approximately 2.64 million commercial passenger flights in July 2022compared to2.41 million in June 2022 and 2.14 million in July 2021.

There were 79 commercial aircraft deliveries in July 2022, representing a month-on-month decrease of 35% compared to June 2022, and a year-on-year gain of 4% compared to July 2021.

Deliveries in the narrow-body category were led by the A320neo family, while the A350 led deliveries in the wide-body segment.

Freighter deliveries remain exclusive to Boeing, with three aircraft delivered in July – one 777F and two 767-300F aircraft to a mixture of operators.

Latin America is leading global recovery and has been surpassing pre-pandemic capacity levels since May this year.

Flight capacity in the Middle East, Europe and North America are all trending at +85% compared to pre-pandemic levels

Asia Pacific flight capacity continues to lag, although the region is starting to show healthy signals with +20% year-on-year growth as restrictions relax further. Global international travel grew by 10% month-on-month for July 2022.

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Jackson Square Aviation delivers one Boeing 737-800 aircraft to Sun Country Airlines

Jackson Square Aviation (JSA) has announced the delivery of one Boeing 737-800 aircraft to Sun Country Airlines.

“We are excited to provide Sun Country with tailored fleet solutions to meet the airline’s growing market demand,” said Jordan Calhoun, JSA Vice President, Marketing.

Embraer promotes its defence and security portfolio in Thailand

Embraer will be present at the Tri-Service Asian Defence & Security Exhibition, Conference and Networking Event, in Bangkok, Thailand, to be held between August 29 and September 1. Embraer’s Defence & Security products and solutions, which are present in more than 60 countries, include the multi-mission transport aircraft C-390 Millennium and the A-29 Super Tucano light attack and training aircraft, in addition to broader solutions for air, land, sea, space and cyber domains.

The C-390 Millennium and its air-to-air refuelling configuration, the KC-390, are the new generation of multi-role military transport aircraft already delivering unrivalled mobility and cargo capacity, rapid re-configuration, high availability, improved comfort, and flight safety, as well as optimal management of reduced operational costs through its life cycle—all in a single platform.

Since its first delivery to the Brazilian Air Force (FAB) in 2019, the KC-390 Millennium has proven its capability, reliability and performance. The aircraft was extensively used in operations to transport equipment and medical supplies, ranging from liquid oxygen to vehicles across Brazil at the peak of the COVID-19 pandemic. The FAB’s current fleet of KC-390s stands at five units, all of which are fully operational. Together, the fleet has exceeded 5,000 flight hours in operation with a mission completion rate of 97%, demonstrating outstanding availability and productivity in its category.
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