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Friday, September 16th, 2022

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Air Canada to take stake in Heart Aerospace and orders 30 ES-30 electric-hybrid aircraft

As part of Air Canada’s commitment to become a net-zero carbon emissions operator by 2050, the flag-carrying airline has agreed to purchase 30 ES-30 hybrid-electric aircraft from Sweden’s Heart Aerospace. In addition, as part of Air Canada’s commitment to reducing carbon emissions, it is also acquiring a US$5 million equity stake in the Gothenburg, Sweden-based regional aircraft manufacturer.

The ES-30 hybrid electric aircraft will be used by Air Canada for local and regional flights and should be in service by 2028. Operating on battery power alone, the 30-passenger aircraft will have a range of 200 km. Using the reserve hybrid generators that range can be extended to 400 km, and up to 800 km if passenger numbers are limited to 25. The turnaround time required to recharge the batteries is expected to be between 30 to 50 minutes. The ES-30 will be powered by lithium-ion batteries and will be quieter, have better operational parameters, be more reliable and have a smaller environmental footprint than conventional turbo-prop aircraft.

The ES-30 will allow Air Canada to serve regional and commuter routes more sustainably, providing low-emission connectivity to local communities over the medium-to-long term. It will be capable of carrying 30 passengers seated three across (in a 2X1 configuration), with a galley and lavatory.

"Already, Air Canada is supporting the development of new technologies, such as sustainable aviation fuels and carbon capture, to address climate change. We are now reinforcing our commitment by investing in revolutionary electric aircraft technology, both as a customer for the ES-30 and as an equity partner in Heart Aerospace," said Michael Rousseau, President and Chief Executive Officer of Air Canada.

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DHL Express and SIA partnership takes off with new Boeing freighter aircraft

DHL Express, the international express service provider, has welcomed the arrival of its new Boeing 777 freighter at Singapore Changi Airport. The freighter, which sports a dual DHL-Singapore Airlines (SIA) livery, has a maximum capacity of 102 tonnes. SIA will operate it on routes to the United States of America via South Korea thrice weekly.

In March 2022, DHL Express and SIA signed a crew and maintenance agreement to deploy five Boeing 777 freighters. These freighters will be operated by SIA pilots, with the maintenance overseen by SIA.

The second Boeing 777 freighter is slated to enter into service in November 2022, following which both freighters will operate the Singapore-Incheon-Los Angeles-Honolulu-Singapore route six times weekly. The remaining three freighters are planned for delivery throughout 2023. Following this, all five freighters will operate on routes between the United States and Singapore via points in North Asia and Australia.

Brazilian armed forces acquire 27 H125 helicopters

The Brazilian armed forces, through the Combat Aircraft Programme Coordinating Committee (COPAC), have acquired 27 single-engine H125 helicopters to boost the training capacity of the Brazilian Navy and the Air Force.

The H125 will be produced in the H125 final assembly line located in Itajubá, Brazil at Helibras’ factory where the H225Ms for the Brazilian armed forces are also assembled. These new helicopters will replace the ageing AS350 and Bell 206 helicopters currently in service with the Brazilian Air Force and the Brazilian Navy respectively.

The Brazilian armed forces currently operate a total of 156 Airbus helicopters deployed from its eight bases across the country. Its fleet ranges from the light single-engine Ecureuil family to the multi-purpose heavy H225M helicopter, 67 and 41 helicopters respectively, to cover a wide array of missions such as tactical transport, search and rescue, and civil population support. Photo:

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Bombardier Defense delivers high-performance Global aircraft to U.S. Air Force Battlefield Airborne Communications Node (BACN) programme

Bombardier’s Defense division, along with its U.S. subsidiary Learjet Inc., have delivered a Global aircraft in special-mission configuration to the U.S. Air Force Battlefield Airborne Communications Node (BACN) programme based at Hanscom Air Force Base in Massachusetts.

“The defence sector is a key pillar of Bombardier’s future as our ultra-reliable and high-performing platforms are best suited to house and operate complex mission equipment,” said Éric Martel, President and CEO of Bombardier. “We are proud that our jets and know-how are being increasingly recognized around the world in this sphere and this delivery is a milestone, first of its kind since appointing Wichita as the home base for Bombardier Defense.”

The latest delivery, a Global 6000 aircraft, is the first mission-configured aircraft to be supplied under a contract for up to six modified Global 6000 aircraft, announced in June 2021 and which represents a potential total value of up to US$464.8 million (£400 million).

Bombardier has already delivered four Global aircraft to the BACN programme under previous agreements. Under the 2021 contract, the USAF has confirmed firm orders for three Global 6000 aircraft, with the next two deliveries expected in 2022 and 2023. The USAF has announced its potential to purchase an additional aircraft each year through 2025 under the 2021 contract.

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Andrew Wilcock joins Accelya in newly created role of Chief Revenue Officer

Accelya, a leading global provider of technology solutions to the travel industry, has announced the appointment of Andrew Wilcock in the newly created role of Chief Revenue Officer (CRO).

Wilcock is based in the UK and will be a member of Accelya’s Executive Committee, driving the company’s commitment to NDC’s One Order and route map for delivering NDC 2.0. As CRO he will be responsible for all go-to-market functions as the company continues to drive value and innovation for its clients.

Wilcock joins from IBM where in a career lasting over 20 years he held a series of senior leadership positions, most recently as Vice President, Ecosystems, UK and Ireland. 

Rolls-Royce completes sale of ITP Aero

Rolls-Royce has completed the sale of ITP Aero to a consortium of investors led by Bain Capital Private Equity, at an enterprise value of approximately €1.8 billion. The completion of the transaction, which was announced on September 27, 2021, follows the announcement on August 3, 2022, of approval of the transaction from the Spanish government.

Sale proceeds were €1.6 billion. In addition, a dividend of €0.1billion was paid shortly prior to completion. The proceeds will be used to reduce debt with the immediate repayment of Rolls-Royce's £2 billion loan, which is supported by an 80% guarantee from UK Export Finance, helping to rebuild the Rolls-Royce balance sheet in support of its ambition to return to an investment-grade credit profile in the medium term. The sale of ITP Aero completes the disposal programme the company announced on August 27, 2020.

ITP Aero will remain a key strategic supplier and partner for Rolls-Royce across both Civil Aerospace and Defence programmes. (£1.00 = €1.16 at time of publication)
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