APOC Aviation closes on three airframe deals in first- quarter 2020

©APOC Aviation acquires two A319-132 airframes, formerly operated by Air Macau

Part-out activity has commenced this month in Marana, Arizona for two A319-132 airframes recently acquired by APOC Aviation. MSN 1758 and 1790 were formerly operated by Air Macau and the parts are expected to arrive into APOC’s stock during April/May. All of the harvested A319 parts will be assessed, and then APOC’s audited group of US repair stations will return the stock to serviceable status prior to shipment back to the Rotterdam warehouse, to form part of the company’s rapidly expanding inventory of spares for sale and lease. APOC also negotiated the sale of a recently purchased 1999 vintage A321-211 Read more

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Qatar Airways resumes scheduled belly-hold cargo operations to China

©AirTeamImages

Qatar Airways Cargo will resume scheduled belly-hold cargo operations to China with the utilization of wide-body and passenger-configured aircraft effective March 30, 2020. The additional cargo capacity is being added to the carrier’s existing freighter service amid increased demand for the shipment of immediate goods in and out of the region. The decision to reinstate belly-hold service to six of its passenger destinations in the country is in line with airline’s initiative to continue supporting worldwide connectivity, re-establishing the global supply chain, and meeting the market’s strong demand for freight exports and imports. This includes the transportation of urgent medical Read more

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EDM installs Air Baltic’s A220 Extended Door Trainer in Riga, Latvia

A220 Extended Door Trainer for Air Baltic ©EDM

EDM, a global provider of training simulators to the civil aviation and defense sectors, has completed a project for Air Baltic’s A220 Extended Door Trainer, which has been fully installed at the airlines’ training facility in Riga, Latvia. EDM was tasked by airBaltic to develop its new A220 Extended Door Trainer in response to the airline acquiring its new Airbus A220 fleet. This simulator will enable the airline to train its cabin crew and certify them to the new aircraft type. The Extended Door Trainer is fitted with key features to help simulate a number of scenarios that helps practice Read more

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Airbus to pause majority of production in Spain amid new government restrictions

The Spanish Government announced new measures March 29, in the fight against COVID-19. These measures will take effect from Monday March 30, until Thursday April 9 (included), and will restrict all non-essential activities across the country. Some key activities in Commercial Aircraft, Helicopters and Defence and Space remain essential. Minimum activity in these areas for necessary support functions such as Security, IT, Engineering, will remain under the stringent health and safety measures implemented by Airbus to protect its employees against the COVID-19 pandemic. All other activities in Commercial Aircraft, Defence and Space as well as Helicopters in Spain will be Read more

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Lufthansa agrees on short-time work

©Lufthansa's parked aircraft

Lufthansa has signed agreements with its works council and trade unions to introduce short-time working for cabin and ground staff in Frankfurt and Munich. This also applies to the management. An agreement with the pilots union “Vereinigung Cockpit” has not yet been reached.  The extent of reduced working hours is determined for employees depending on the loss of work and can be up to 100%. For some of the employees, reduced working hours began retrospectively in March 2020. The agreements apply to at least 27,000 employees of the approximately 35,000 employees of Deutsche Lufthansa AG. Based on the current agreements, Read more

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British Airways extends Revolving Credit Facility

International Airlines Group (IAG) has released that British Airways has extended its US dollar secured Revolving Credit Facility for one year from June 23, 2020 to June 23, 2021. The amount available under the extended facility is US$1.38 billion. Including the extended facility and some smaller additional facilities recently arranged, IAG has total undrawn general and committed aircraft financing facilities equivalent to €2.1 billion currently, compared to €1.9 billion at the end of 2019. IAG has not drawn down on any of its facilities. IAG continues to have strong liquidity with cash, cash equivalents and interest-bearing deposits of €7.2 billion Read more

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Singapore Airlines rescued with US$13 billion funding package

©Singapore Airlines

The future of Singapore Airlines (SIA) amidst the COVID-19 outbreak looks assured with a successful rescue package being put in place, headed by state investor Temasek Holdings, amounting to SG$19 billion. The figure represents the largest aid package to date for any airline struggling with the dramatic decrease in air travel. The package comprises SG$5.3 billion in equity and up to SG$9.7 billion in convertible note portions, all of which will be underwritten by Temasek, which owns a 55% stake in SIA. According to Reuters news agency, SIA has also secured a SG$4.0 billion bridging loan from Singapore’s biggest lender, Read more

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Boeing to use 3-D printing capabilities to manufacture face shields

©Boeing

Boeing is taking additional steps to support COVID-19 recovery and relief efforts. The company released that it would begin using its 3-D printing capabilities at several facilities across the United States to manufacture face shields to help protect those who are on the front lines of fighting the virus. Boeing’s initial production goal is to produce thousands of face shields per week followed by subsequent production increases. Boeing has additive manufacturing machines in St. Louis, Missouri; El Segundo, California; Mesa, Arizona; Huntsville, Alabama and Philadelphia, Pennsylvania that will be used for this initial response, as long as those facilities remain Read more

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Americas’ summer season bookings are 26.8% behind

Analysis by ForwardKeys, the travel analytics company, reveals that, as at March 24th, international summer season bookings for air travel to all American destinations (North, Central and South America plus the Caribbean) are currently 26.8% behind where they were at the equivalent moment last year. The setback in bookings started with the COVID-19 outbreak in the second half of January and has continued to March when cancellations are now exceeding new bookings. Bookings for June are 31.4% behind and for July and August are 24.6% and 23.3% behind respectively. However, ForwardKeys’ study also reveals that 17% of summer season bookings Read more

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Airbus deploys new air-bridge flight between Europe and China

An A330MRTT being unloaded in Getafe (Spain) ©Airbus

Airbus has deployed a new air-bridge flight between Europe and China to deliver additional face mask supplies to France, Germany, Spain and United Kingdom health systems, in support of the COVID-19 crisis efforts. The aircraft, an Airbus A330-200 undergoing conversion as Multi-Role Tanker Transport (MRTT), took off on March 26, at 19.15 local time (CET) from Airbus’ Getafe site near Madrid (Spain) reaching the Airbus site in Tianjin (China) on March 27. The aircraft, operated by an Airbus crew, returned to Spain on March 28, at 04.05 local time (CET) with a cargo of more than 4 million face masks. Read more

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