Tuesday, July 17th, 2018



Embraer and United Airlines sign contract for 25 E175s

Embraer and United Airlines have signed a firm order for 25 E175 jets in a 70-seat configuration at the Farnborough Air Show. The contract has a value of US$ 1.1 billion, based on current list prices, and will be included in Embraer’s 2018 third-quarter backlog. Deliveries will begin in the second quarter of 2019.
Since entering revenue service, the E-Jets family has received more than 1,800 orders and over 1,400 aircraft have been delivered. Today, E-Jets are flying in the fleet of 70 customers in 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline carriers.


Succesful first day at the Air Show for Boeing with signing of numerous new contracts

Brazilian carrier GOL Airlines is adding the newest and largest member of the 737 MAX family with a new contract that converts 30 current MAX orders to the 737 MAX 10. GOL also placed a new order for 15 more MAX 8 airplanes, growing GOL's total MAX orders to 135. The Brazilian airline says the advanced airplanes will help GOL meet its commitment to further enhance operational efficiency by flying a young, modern and safe fleet.
Goshawk Aviation has announced an order for 20 737 MAX airplanes at the 2018 Farnborough International Airshow. The order, valued at US$2.3 billion according to current list prices, marks the first time the aircraft lessor has purchased jets directly from Boeing.
TAROM (Romanian Air Transport), the national carrier of Romania, has signed an order for five 737 MAX 8 airplanes. The US$586 million order, at current list prices, was previously listed as unidentified on Boeing's Orders & Deliveries website.
United Airlines has expanded its commitment to the 787 Dreamliner program with a repeat order for four more 787-9 airplanes. The deal, valued at about US$1.1 billion per current list prices, was finalized this year and was listed as unidentified on Boeing's Orders & Deliveries website.
Qatar Airways has finalized an order for five 777 Freighters at the 2018 Farnborough International Airshow. The deal, valued at $1.7 billion at current list prices, was announced as a commitment in April.
Jackson Square Aviation (JSA) has ordered 30 737 MAX airplanes in its first direct purchase from a jet maker, reflecting the evolution of the airplane lessor's business and its confidence in the market for Boeing 737 MAXs. The order, previously unidentified on Boeing's Orders & Deliveries website, represents the 100th customer for the 737 MAX program.

Boeing, Jet Airways sign order for additional 75 737 MAX airplanes

Boeing and Jet Airways confirmed that the Indian carrier placed an order for an additional 75 737 MAX 8 airplanes during a signing ceremony at the 2018 Farnborough International Airshow. The order, valued at US$8.8 billion at current list prices, was previously posted as unidentified on Boeing's Orders and Deliveries website. This order for an additional 75 MAX airplanes helps the Indian carrier expand its network to meet surging demand in the fastest-growing aviation market in the world.

Beach Aviation Group

Daher begins warehousing and logistics management for support tooling in Rolls-Royce’s UK jet engine production network

Daher is assuming full warehousing responsibilities for approximately 28,000 handling tools used by Rolls-Royce in the manufacture of jet engines across the company’s UK production network.
Under terms of the agreement, Daher is centralizing and stocking the support tooling in a 30,000-m² warehouse at Doncaster in northwest England, as well as packaging and dispatching of these tools to manufacturing sites, followed by their return to storage.
The extremely diverse tooling weighs from 0.5 kg. to 30 tons, and is used across the Rolls-Royce production network for handling jet engine components that range from fan blades to large powerplant modules. These responsibilities build on a 15-year relationship with Rolls-Royce, during which Daher has provided tailored-made tooling containers and kitting for the jet engine manufacturer’s production flow.
As part of the latest agreement, Daher has applied innovation by creating an internal web portal that is constantly updated with the Doncaster warehouse’s inventory of handling tools. Operators wearing camera-equipped smart glasses can be directed via WiFi links within the warehouse, facilitating the location and verification of specific tools. “Our goal is to make Rolls-Royce’s Doncaster site a flagship warehouse for the United Kingdom,” Grimal added.
The support tooling’s warehousing and logistics management agreement is part of Rolls-Royce’s program to simplify its logistics operating model by adopting industry-standard practices, enhancing visibility and accountability throughout the supply chain, while reducing transport costs.

Milestone Aviation and Leonardo awarded Aramco medium helicopter renewal program including 21 AW139

Milestone Aviation Group, a GECAS company and a global leader in helicopter leasing and Leonardo have been selected to renew the medium helicopter fleet of Aramco Overseas Company, a subsidiary of Saudi Aramco (Aramco) – a fully integrated, global petroleum and chemicals enterprise. Leonardo and Milestone have signed a contract for 17 Leonardo AW139 helicopters plus 4 options and Aramco expects to take delivery of a total of 21 aircraft over the next three years, starting this year.
Aramco awarded the contract to Milestone and Leonardo through a competitively tendered process. Milestone’s financial stability, the outstanding capabilities of the modern and proven AW139 and ability of both partners to deliver were key to meeting the needs of the program. Further, Milestone’s leasing solution encompassing the entire medium fleet presented a compelling solution, enabling the energy company to invest in their operations.


GE Aviation and Teradata expand partnership

GE Aviation and Teradata have released that GE Aviation will become the exclusive provider of Teradata products and services for commercial aviation markets, providing the world's biggest airlines with a single, comprehensive framework that combines high-performance analytics in the cloud from Teradata with edge-connectivity services from GE Aviation.
Teradata and GE Aviation previously announced a partnership to jointly provide products and services to commercial aviation markets. The two companies are extending this relationship to provide airlines with wide-ranging operational insights that power impactful business decisions.
"We can provide the best analytic environment for airline customers by adding Teradata's powerful analytic solutions with built-in support for hybrid cloud environments," said John Mansfield, chief digital officer of GE Aviation. "This partnership enables us to bring a holistic framework of enterprise data and business solutions to airlines."

Airbus announces contracts for over 200 aircraft on the first day of Farnborough Air Show

Airbus has announced multiple contracts on the first day of this year's Farnborough Air Show.
Airbus has announced the signature of a Memorandum of Understanding with a leading global lessor for 80 A320neo Family aircraft. The agreement was completed during the Farnborough Airshow. Engine selection will be made at a later date.
An affiliate of Macquarie AirFinance Group, a wholly owned subsidiary of Macquarie Group, listed in Australia, has placed a firm order for 20 A320neo aircraft to add to its existing portfolio of 119 Airbus aircraft (110 A320 Family and nine A330). This first time order for the A320neo, makes Macquarie AirFinance Group the newest customer for the type. Engine selection will be made at a later date.
Goshawk Aviation, the 50/50 joint venture between Hong Kong-based conglomerate NWS Holdings and Chow Tai Fook Enterprises, has placed a firm order for 20 A320neo. Goshawk Aviation is based in Dublin, Ireland, and has an owned, managed and committed fleet of over 220 aircraft including the direct order with Airbus. Goshawk has more than 120 Airbus aircraft in its portfolio (A320 Family including NEO, A330 Family including NEO and A350-900) and the order for A320neo re-enforces the appeal of the world’s bestselling single aisle Family. Engine selection will be made at a later date.
STARLUX Airlines of Taiwan has selected the all-new A350 XWB for its future long haul fleet, following the signature of a Memorandum of Understanding for the purchase of 17 aircraft, comprising 12 A350-1000s and five A350-900s. The news follows a decision by the airline earlier this year also to select Airbus for its regional single aisle fleet, with a plan to finalise leases for 10 A321neo aircraft from third party lessors by the end of the year. STARLUX Airlines is a new full-service airline based in Taipei and founded by Taiwanese aviation veteran Chang Kuo-wei, former Chairman of EVA Air. The carrier will develop a network spanning destinations across Asia and long haul services to North America. The carrier will launch regional operations in early 2020, followed by long haul services early in 2022.
Airbus confirmed at the Farnborough Airshow a deal agreed earlier in 2018 that Sichuan Airlines, based in the Southwestern Chinese city of Chengdu, has selected the A350 XWB to become the latest aircraft in its fleet. Sichuan Airlines operates the largest all-Airbus fleet in China with over 130 Airbus family aircraft. In addition to its domestic network, Sichuan Airlines now operates on over 30 international routes, including routes from Chengdu to Moscow, Sidney, Dubai and Vancouver. The airline also leased four A350 XWBs, with the first one to be delivered by this year. The newly introduced A350 XWBs, which is a strong supplement to Sichuan Airlines’ Airbus fleet, will be deployed on its non-stop long haul international routes, such as Chengdu to North America and Europe.
Golden Falcon Aviation, the exclusive aircraft provider of Wataniya Airways, has confirmed an order for 25 Airbus A320neo family aircraft.The order follows an earlier MoU announced at last year’s Dubai Airshow. Wataniya Airways resumed operations in July 2017 and currently operates a fleet of four A320 family aircraft serving destinations in the Middle East, Europe, Africa and Asia from its home base in Kuwait. The A320neo family aircraft will support the airline’s vision to become the fastest growing and leading airline in the country.
VISTARA, the New Delhi-based carrier, has signed a letter of Intent (LoI) for 13 A320neo aircraft to add to its existing portfolio of 21 Airbus aeroplanes. The newly ordered aircraft are powered by 26 LEAP-1A engines. The full-service airline has also committed to an additional 37 A320neo Family aircraft from lessors. The combined agreements would add 50 A320neo Family to Vistara’s fleet. The engine selection for VISTARA's latest firm order is Leap CFM. For VISTARA, the A320neo will be the first aircraft to fly regional international routes.


Hongtu Airlines and CFM sign US$400 million engine RPFH agreements

Yunnan Hongtu Airlines and CFM International have signed an agreement for the purchase of CFM56-5B engines to power three Airbus A320ceo aircraft.
In addition, the airline signed a 12-year Rate Per Flight Hour Agreement (RPFH) to support 24 LEAP-1A engines that will power its leased A320neo fleet. Under the RPFH, CFM will provide maintenance support on a dollar per flight hour basis.
These agreements, which also include the potential purchase of two LEAP-1A and one CFM56-5B spare engines, are valued at a total of US$408 million at list price.

TrueNoord secures financing facility of US$500 million to underpin global growth strategy

TrueNoord, the specialist regional aircraft lessor, has closed a senior secured debt facility of US$ 500 million. The facility will be deployed to refinance part of the existing TrueNoord portfolio of Embraer, Bombardier and ATR aircraft. The remaining part of the debt facility will be used as a warehouse for future business development and fleet expansion.
The senior secured debt facility is underwritten by a triumvirate of well-established European and US banks - Morgan Stanley, NORD/LB Norddeutsche Landesbank and Barclays – and it supports TrueNoord’s targeted growth strategy which is endorsed by leading investors: Bregal/Freshstream, BlackRock and Aberdeen Asset Management. Milbank, Tweed, Hadley & McCloy LLP acted as legal advisor to TrueNoord.
“As mandated lead arrangers, these three banks further augment the strong and globally renowned circle of financiers and investors that facilitate TrueNoord’s dynamic progression in the coming months” comments Anne-Bart Tieleman, CEO. “For TrueNoord this is the next important step in our business development and allows us to be more proactive in pursuing regional aircraft leasing transactions. At this week’s Farnborough Air Show I anticipate some highly productive discussions as we pursue our guiding policy to acquire new or relatively young aircraft with long leases operated by triple ‘A’ carriers.”

GKN Aerospace and Boeing extend agreement on wiring systems

GKN Fokker Elmo and Boeing have agreed to a contract extension, to supply wiring for three of Boeing’s airplane families.
GKN Fokker Elmo has supplied electrical wiring and interconnection systems (EWIS) to Boeing airplanes for more than a decade for the 777, 737 and P8A and that contract was extended at the Farnborough International Air Show on July 16. The contract extension is confirmation of GKN Fokker Elmo’s position as a strategic EWIS supplier to Boeing. The manufacturing activities through the contract extension will see the continued production of the 737, 777 and P8A programs supported by the teams in the Netherlands, Turkey, China, and establishing production work within the new India facility.

C&L Aerospace

Comlux launches ER solutions by comlux to boost Airbus A321ceo range performance

Comlux has launched a new division, ER Solutions by comlux, to propose to airlines an auxiliary fuel tank system increasing the range capability on the Airbus A321ceo.
Further to a successful flight test and implementation during Q4 2017, the new system called FACT “Forward Additional Comlux Tank” received its FAA certification in February 2018 and is currently under the EASA certification process. The system has been in service with an Airbus ACJ321 since March 2018 and has proven additional range capability on long-haul routes not achievable before then.
ER Solutions is now offering to the market a totally new system allowing airlines and VIP clients to link new city pairs, thanks to the range increase: up to 400nm for the commercial airliner version of the A321ceo and up to 500nm for the ACJ321ceo VIP version.
In collaboration with Airbus specialists, Comlux engineers developed this new FACT system to complement the existing Airbus Additional Center Tanks (ACT). While FACT provides around 4000 Liters / 1000 Gallons of extra fuel, its design offers a lightweight, optimized, yet cost efficient solution for the A321 platform ensuring minimal downtime for installation. As 30% of all A321s are provisioned with ACTs, there are already clear potential candidates who would benefit from this option of more range, including various major airlines.

Pattonair expands with Parker Aerospace to win Fluid Systems Division contract

Global aerospace and defence supply chain service provider Pattonair has secured a new contract with long term customer Parker Aerospace to supply its Fluid Systems Division.
The newest win builds on a 20-plus year established relationship with Parker and brings in some 1,500 new parts to the Pattonair supply chain through a consigned inventory program. Pattonair will support FSD’s controls, fuel specialty products, hydraulics and engine pneumatics line, based out of Naples, FL, USA.
Parker Fluid Systems is working with Pattonair to support the following platforms - Trent 1000, Trent 7000, Airbus A320, Lockheed C130and the Safran CFM56 (both 5B & 7B kits). Future programs are the Gulfstream G650, Airbus A350, Cessna Citation and, GE 38.
Pattonair worked closely with Parker personnel to ensure the development of a world-class solution to help reduce costs and optimize parts availability.


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Farnborough International Airshow
July 16 - 22, 2018

Engine Leasing Seminar
September 18, 2018 – Copthorne Tara Hotel, Kensington, London, UK

Transactional Support & Risk Management Seminar, London
September 19, 2018 – Copthorne Tara Hotel, Kensington, London, UK

MRO Europe
October 16 - 18, 2018 – Amsterdam

Aircraft Economic Life Summit 2018
November 20, 2018 – Gibson Hotel, Dublin, Ireland
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