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Friday, September 9th, 2022

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United investing further US$15 million with purchase agreement for up to 400 Eve eVTOLs

As the first major U.S. airline to create a venture fund dedicated solely to support its green commitment to reach net-zero emissions by 2050, United Airlines (United) has agreed to purchase 200 electric vertical take-off and landing (eVTOL) aircraft from Eve, with an option for a further 200 aircraft. The deal will involve an initial investment of approximately US$15 million and deliveries are anticipated to commence in 2025.

Additionally, as part of the agreement, United and Eve will collaborate on future projects such as studies on the development, use and application of Eve’s aircraft and the urban air mobility (UAM) eco-system. This is another major investment by United in eVTOLs. In June last year, the carrier agreed to buy 250 VA-X4 eVTOLs from Vertical Aerospace for an estimated US$25 million with an option for a further 100 aircraft, while last month United put down a deposit of US$10 million with an order for 100 eVTOL taxis from California-based manufacturer Archer.

These three purchases are part of United’s intended US$1 billion investment in the future of aviation, in particular those new types of aircraft designed to fly over major congested cities. United’s investment in Eve was driven in part by confidence in the potential growth opportunities in the UAM market and Eve’s unique relationship with Embraer, a trusted aircraft manufacturer with a proven track record of building and certifying aircraft for the last 53 years. (£1.00 = US$1.16 at time of publication).

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ALC places four new Airbus A321XLR aircraft with Air Transat

Air Lease Corporation (ALC) has announced long-term lease placements for four new Airbus A321XLR aircraft with Air Transat (Canada).  Three new aircraft are confirmed to deliver to the airline starting at the end of 2025 through 2026 from ALC’s order book with Airbus. The agreement also includes an option for one additional A321XLR aircraft to be delivered in 2027.  

“ALC is pleased to announce this lease placement for four new A321XLRs with Air Transat and be the first to introduce the XLR to the Canadian airline,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “The A321XLR will bring new levels of comfort and excellent service to Air Transat’s passengers, while providing significant enhancements to the airline’s operational efficiency.”

Victoria Foy appointed President of Safran Seats

Effective January 1, 2023, Victoria Foy is appointed President of Safran Seats, succeeding Vincent Mascré, who is retiring. Foy joins Safran’s Executive Committee. Between now and the end of the year, Victoria will participate with Vincent Mascré in the key business milestones of Safran Seats.

Foy has held a number of Board level positions working in worldwide operations. She joined Safran Nacelles in 2012 as UK Finance Director before taking the role of UK Managing Director in June 2016. In 2019, she joined Safran Seats and was appointed EVP for Safran Seats GB, January 1, 2020.

Queen Elizabeth II 1926 - 2022

Today, the world is mourning the death of Queen Elizabeth II and messages of sympathy are being sent from all business sectors. Here at AviTrader we would also like to respectfully offer our sincerest condolences to the UK’s Royal Family on the sad death of Queen Elizabeth II.

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GE Aviation opens new Asia-Pacific service centre in Australia

GE Aviation has opened a new state-of-the-art facility in Australia to provide maintenance, repair and overhaul services for customers across the Asia-Pacific region.

The new US$8 million Asia-Pacific service centre at Brisbane Airport positions GE Aviation to support more customers and expand its presence across the region.

The new facility will be the largest GE Aviation, Systems service centre in the Asia-Pacific region. The facility supports avionics, flight management, electrical power and DOWTY propeller systems on various aircraft including the Boeing 737 and 787, Q400 and F-50 regional aircraft and the Royal Australian Air Force’s fleet of C-130J Super Hercules and C-27J Spartan military transport aircraft.

Second Gulfstream G700 fully outfitted production-test aircraft takes to the skies

Gulfstream Aerospace Corp. has reported that the second fully outfitted Gulfstream G700 production-test aircraft has flown. The aircraft joins the first outfitted G700, which has already set eight international city-pair speed records.

The second G700 test aircraft will ensure the maturity, durability and comfort of more cabin elements that were introduced with the aircraft’s launch in 2019, including the all-new ultra-high-definition dynamic circadian lighting system, an optional feature capable of replicating sunlight. The Gulfstream-designed system mixes warm white, cool white and amber LED lights and spans from 0.01 brightness to 100%, allowing it to simulate sunrise to sunset. The lighting can also be programmed individually for each cabin zone, tailored to passenger preferences and specific activities, such as dining or working.

The latest G700 outfitted aircraft also includes a grand suite and newly designed spacious lavatory with natural light, full vanity and shower, as well as a six-place dining area with a fully expandable, self-contained table.

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American Airlines names Vicente Reynal to Board of Directors

American Airlines Group has elected Vicente Reyna to its board of directors. Reynal currently serves as Chairman, President and CEO of Ingersoll Rand, a global provider of mission-critical flow creation and industrial solutions. He has served as President and CEO of Ingersoll Rand since March 2020, when he led the transformational merger between Gardner Denver and the Industrials Segment of Ingersoll Rand. He was named Chairman of the company in November 2021.

“We are very excited to welcome Vicente to American’s Board of Directors,” said American’s Chairman Doug Parker. “Vicente has extensive experience leading global industrial businesses, and his proven ability to navigate complex operational issues and create shareholder value will be important assets to American and our board.”

Collins Aerospace opens US$18 million Ram Air Turbine wind tunnel test facility in Rockford, IL

Collins Aerospace has opened a new US$18 million wind tunnel for its Ram Air Turbine product family at the company’s Electric Power Systems facility in Rockford, Illinois. With fully automated, state-of-the-art technology and enhanced quality via real-time data analytics, the new wind tunnel will streamline the Ram Air Turbine testing and certification process for Collins’ airframer customers.

Designed to serve as the small but mighty heart of an aircraft’s emergency power system, Collins’ Ram Air Turbine deploys from the wing or fuselage if a plane loses power in flight. By rotating its small turbine, the system extracts sufficient power from the airstream to allow the pilot to land the aircraft.

The new wind tunnel will use a powerful fan to create a wind-speed of up to 170 knots to simulate an in-flight power loss during the testing process. It will have the ability to test Collins’ full range of Ram Air Turbines for business, regional, single aisle, wide-body and military aircraft.

The new facility will complement the plant’s two existing wind tunnels, increasing the site’s overall testing capabilities and providing greater flexibility to meet customer demand. Since Collins’ largest Ram Air Turbines can weigh up to 400 pounds, the new wind tunnel design will also make it easier for employees to mount and test them more ergonomically.
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Tamar Jorssen
Vice President Sales & Business Development
Email: tamar.jorssen@avitrader.com
Phone: +1 (788) 213 8543
Tamar