Lilium announces partnership with Honeywell and DENSO for Lilium Jet electric motor

©Lilium Jet

Having already been developing the avionics and flight control systems for the Lilium Jet, Honeywell, together with DENSO will partner with Lilium to produce the electric motor which will power the Lilium Jet. Honeywell currently collaborates with DENSO to develop aerospace electric propulsion solutions. Lilium developed the first all-electric vertical take-off and landing (eVTOL) jet and the new Lilium e-motor has been worked on by all three companies over the past two years. The e-motor should provide exceptional performance and reliability while producing zero-emissions. The e-motor is air cooled as opposed to water cooled, thus reducing maintenance requirements and reducing Read more

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Bombardier unveils Mach 0.94, 8,000nm-range Global 8000 flagship aircraft

The Global 8000 jet ©Bombardier

Bombardier has introduced its latest business jet, the Global 8000, which should enter into service in 2025. The Global 8000 with its twin GE Aviation Passport engines will be the world’s fastest and longest-range business jet. The jet will be able to fly at Mach 0.94, will have a range of 8,000 nautical miles and will provide passengers with one of the lowest cabin altitudes of 2,900 ft when flying at 41,000 feet. During testing, the jet reached speeds of Mach 1.015, making it not only the fastest business jet, but also the fastest in civil aviation since the days Read more

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Air France-KLM considering €500 million private equity loan to pay off state aid

©Air France-KLM

Air France-KLM has announced that it is in negotiations with private equity Firm Apollo Global Management over a potential €500 million capital injection which will be used to partially repay French state aid connected to one of its engineering and maintenance units which owns a pool of engines. The deal will not involve any equity and is being viewed as an alternative to a more traditional sale-and-leaseback deal involving the spare engines. The Dutch finance ministry, a shareholder in the airline group, said it supported the proposal. “Attracting private investors is good for the financial position of the company. We Read more

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IAG firms up on 2019 Paris agreement – will buy up to 150 Boeing 737 jets

©Boeing 737MAX10 aircraft

International Airlines Group has announced that it has placed a firm order for a combination of 50 737-8-200 and 737-10 Boeing jets with an option for a further 100 of the 737-family aircraft. The 737-8-200 has been chosen for its 200-seat capacity which will increase revenue potential while reducing fuel consumption. The 737-10 is the largest member of the 737 family and can accommodate 230 passengers in a single-class layout, while offering a range of up to 3,000 miles, which means the new jets can cover 99% of existing single-aisle routes and all those currently served by the Boeing 757. Read more

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China Eastern Airlines 737-800 crash may not have been an accident

China Eastern Airlines ©AirTeamImages

America’s Wall Street Journal (WSJ) has suggested that the black box data recorders onboard the China Eastern Airlines Boeing 737-800 which crashed on March 21 this year killing all 132 passengers and crew on board indicates that the plane crashed as a consequence of deliberate manual input which forced the jet into a catastrophic dive. The WSJ quotes an unnamed source as saying that “The plane did what it was told to do by someone in the cockpit.” The jet had been cruising at an altitude of 20,000 feet when it began a dive which lasted approximately one minute before Read more

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Wizz Air looks to create new ultra-low-cost subsidiary – Wizz Air Malta

Wizz Air ©AirTeamImages

Based on the signing of an ‘Arrangement on Reallocation of Responsibility’ signed between the European Union Aviation Safety Agency (EASA) and the Malta Civil Aviation Directorate (CAD), Wizz Air will now file an application for an Air Operator’s Certificate (AOC) with EASA and also an Operating License (OL) with CAD. Should both applications be successful, the new carrier, Wizz Air Malta will commence operations in October of this year with Malta-registered aircraft. Wizz Air Chief Executive Officer, József Váradi said: “We are pleased to announce our intention to establish a new airline subsidiary in Malta. Wizz Air is constantly evaluating Read more

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SMBC Aviation Capital to acquire Goshawk Aviation for US$6.7bn – will create second-largest global lessor

Japanese-owned, Dublin-based lessor SMBC Aviation Capital has agreed to purchase similarly Dublin-based global aircraft lessor Goshawk Aviation for an enterprise value of US$6.7bn. The deal, once completed will create the largest Japanese-owned aircraft lessor and the world’s second-largest lessor by dint of total assets exceeding US$37 billion, including those aircraft that will be on its order book currently valued at US$13 billion comprising exclusively new-technology, narrow-body Airbus A320neo and Boeing 737MAX aircraft. SMBC Aviation Capital is jointly owned by Sumitomo Mitsui Financial Group and Sumitomo Corporation, while Goshawk Aviation is owned by NWS Holdings Limited and Chow Tai Fook Enterprises Read more

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Norwegian struggles with fuel prices to limit losses, but protects cash position

©Norwegian Air

Low-cost carrier Norwegian has released its first-quarter results of 2022 in what is a seasonally weakened quarter. Combined with the impact of the Omicron variant of the COVID-19 virus and the effects of the war in Ukraine on the aviation industry the result was an operating loss (EBIT) of NOK849 million, though the company was able to keep its cash level robustly high at NOK7.5 billion. The carrier booked a net loss of NOK1 billion, compared to a net loss of NOK1.2 billion for the same period in 2021. Norwegian carried 2.2 million passengers during the quarter, a significant increase Read more

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IAI to convert four B777-300ER aircraft for Cargojet

©IAI will convert four B777-300ER aircraft for Cargojet

Israel Aerospace Industries (IAI) has signed an agreement to carry out passenger-to-freighter (P2F) conversions for Cargojet Canada’s Cargo Airline. The agreement was signed as a result of the growing global demand for cargo aircraft and includes the conversion of four B777-300ER aircraft and additional options in the future. IAI has recently signed a number of new agreements for cargo conversions, including converting B777-300ER aircraft for Emirates and establishing new conversion lines worldwide, including in Abu Dhabi, Ethiopia and other locations around the world. This agreement with Cargojet strengthens IAI’s strategy to expand its growing cargo conversion lines globally.  Cargojet is a Read more

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EASA and ECDC lift mask-wearing requirements at airports and on board flights

The European Union Air Safety Agency (EASA) in conjunction with the European Centre for Disease Prevention and Control (ECDC) have issued new guidelines relating to health safety measures for airline passengers in relation to the transmission of the COVID-19 virus. From May 16, it will no longer be mandatory to wear a medical-grade face mask in airports or on board flights. “From next week, face masks will no longer need to be mandatory in air travel in all cases, broadly aligning with the changing requirements of national authorities across Europe for public transport,” said EASA Executive Director Patrick Ky. “For Read more

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