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Thursday, February 13th, 2020

Rolls-Royce keeps open mind over new Boeing mid-size jet

Having pulled out of a previous joint attempt with Boeing to address the mid-size jet market over timing issues, Rolls-Royce has confirmed that it is currently prepared to keep an open mind with regard to joining Boeing in its latest investigations. With the company being distracted with 737 MAX issues this past year, Boeing is returning its attention to plans for a 220-270-passenger mid-size jet, a sector of the market currently filled by the aerospace giant’s principal rival, Airbus, and the European planemaker’s A321XLR.

The delay in Boeing’s investigations have been beneficial for Boeing while it further develops its new Ultrafan engine technology. “We are open-minded ... and will stay open-minded when we know what Boeing plans to do,” Chris Cholerton, president of civil aerospace at Rolls-Royce, told reporters at the Singapore Airshow.

Rolls-Royce’s reluctance to engage with Boeing last year was based on its reluctance to risk further disruption to customers through rushing a new jet to market. While Boeing had initially penciled in 2025 as the launch date for the new mid-size jet, this will likely now be put back to 2028, perhaps as a result of lessons learned over the speed at which the 737 MAX was developed and introduced.

In the meantime, Rolls-Royce is also looking into durability issues which have cropped up with its Trent engine family. Premature wearing of some turbine blades has reduced the number of flights an engine can operate between maintenance visits, or its durability, but Rolls-Royce has assured airlines it remains as reliable as before when in service.

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ST Engineering's Aerospace arm signs new contracts with T’way Air and CFM International

ST Engineering’s Aerospace arm has signed an agreement with CFM International* (CFM) to provide MRO support for its LEAP-1B engine. Through the agreement, ST Engineering will have the right to use technical data to perform MRO work on the LEAP-1B engine, the exclusive powerplant for the Boeing 737 MAX. 

ST Engineering has a longstanding relationship with CFM as a licensed service center for its CFM56-5B and -7B engines. The latest agreement builds on that relationship, expanding the group’s suite of MRO offerings in CFM engines to better support the global fleet.  MRO infrastructure and capabilities for LEAP-1B engines, estimated to be ready by the end of 2020, will be set up at the group’s aerospace facility in Singapore. 

Furthermore, ST Engineering’s Aerospace arm, has secured two multi-year MRO contracts from South Korean airline T’way Air which will see the extension of an ongoing partnership in component and engine MRO between the two companies. Both contracts will take effect from March 2020.

Under the component contract, ST Engineering will continue to provide comprehensive component Maintenance-By-the-Hour (MBHTM) services to the airline’s entire fleet of 28 Boeing 737-800. The group will also support the 25 Boeing 737Max aircraft that the airline plans to add to its growing fleet.

Under the engine contract, ST Engineering will continue to provide an integrated suite of CFM56-7B engine MRO solutions that include off-wing maintenance support, on-wing services, engine health monitoring and technical support to the airline’s Boeing 737-800 fleet.

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Aergo Capital sells four Boeing 737-900ER aircraft

Aergo Capital (Aergo) has completed the sale of two 2008 Vintage Boeing B737-900ER aircraft bearing manufacturers’ serial numbers 35713 and 35716, respectively, to PT Lion Mentari Airlines (Lion Air) and two 2018 Vintage Boeing B737-900ER aircraft bearing manufacturers’ serial numbers 43213 and 43214, respectively, to GTLK Asia Limited (GTLK).

The 2008-vintage aircraft were sold to the existing operator working alongside Transportation Partners and were sold subject to their existing operating leases with Lion Air.

Kellstrom Defense signs multi-year contract extension with Ametek Sensors and Fluid Management Systems

Kellstrom Defense Aerospace (KDA) has signed a new multi-year extension to an existing distribution agreement with the Sensors and Fluid Management Systems (SFMS) business unit of AMETEK Aerospace & Defense.

The agreement builds on a legacy of partnership, with KDA continuing to serve as the exclusive distributor for AMETEK’s SFMS products for the global military and government aftermarket, while also providing OEM repair management support and expanded cooperation for new aftermarket solutions for military aircraft sustainment.

US-Bangla Airlines adds two ATR 72-600 aircraft to fleet

Avation PLC (AVAP) has converted two purchase rights into firm orders for two ATR 72-600 aircraft. The aircraft will be leased to Bangladeshi airline US-Bangla, the biggest private airline in Bangladesh and will support the expansion of the airline’s turboprop fleet by increasing the number of ATR aircraft from six to eight.

In addition, AVAP has further acquired an additional two ATR 72-600 purchase rights to replace those that were exercised.

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AAR signs Memorandum of Understanding with Korean Aerospace Engineering & Maintenance Services

AAR, a leading provider of aviation services to commercial airlines and governments worldwide, has signed a Memorandum of Understanding (MOU) to provide consulting services for Korean Aerospace Engineering & Maintenance Services (KAEMS).

The two companies will collaborate to define required capabilities and infrastructure for a new KAEMS facility in South Korea that will provide component maintenance for the Republic of Korea Air Force’s (ROKAF) F-16 fleet. The MOU includes training for KAEMS employees at AAR’s component repair facilities in Amsterdam and New York.

Eurowings' current Vice President Sales to become new CCO

Oliver Schmitt, currently Vice President Sales at Eurowings and Managing Director of Eurowings Digital GmbH, will join the Executive Board of Eurowings on March 1, 2020 and become the new Chief Commercial Officer of the German airline. He succeeds Oliver Wagner, who moved to the Executive Board of Lufthansa AirPlus Servicekarten GmbH as Chairman on January 1, 2020.

Designated CEO Jens Bischof, who will start at Eurowings in March 2020, is looking forward to the reinforcement in the management team: “Oliver Schmitt is a tremendous asset for Eurowings with his digital mindset and many innovative sales ideas. He will dynamically develop the commercial sector and consistently place 28 million Eurowings customers at the focus of our work.”

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Kellstrom Aerospace completes acquisition of A319-100 for teardown

Kellstrom Aerospace has acquired an Airbus A319-100 with two part-out CFM56-5B engines. The aircraft will undergo disassembly in Arizona. This project will support Kellstrom Aerospace’s lifecycle solutions by supporting both Kellstrom Aerospace Asset Management division with additional short to-mid-term lease assets and the aftermarket supply business.

Boeing signs supply chain agreements at Singapore Airshow with multiple airlines and operators

Boeing has signed supply chain agreements at the Singapore Airshow with multiple airlines and operators. The agreements will enable Asia-Pacific carriers to leverage Boeing’s global supply chain to streamline maintenance, repair, and operations.

Supply chain services agreements include:

All Nippon Airways, the largest airline in Japan, has expanded an agreement for consumable and expendable services to its entire fleet.

Cathay Pacific, the home carrier of Hong Kong, renewed a multiyear agreement for consumable and expendable services building on a long-standing partnership for spare parts inventory management.

Evergreen Aviation Technologies Corporation (EGAT), an MRO with a long-standing partnership between EVA Air and General Electric, reached a multiyear Tailored Parts Package agreement. The customized agreement provides comprehensive part coverage from Boeing’s network of global distribution centers to support EGAT’s maintenance, repair, and overhaul operations to a host of global airlines in its service portfolio.

HAECO, a leading MRO, has reached an expanded agreement for consumables and expendables parts support to include additional supply chain solutions.  

Xiamen Airlines has reached a three-year agreement for a Tailored Parts Package to support its full fleet of Boeing Next Generation 737 and 787 Dreamliner airplanes.

KAEMS signed an agreement with Boeing for its first integrated inventory management solution for consumables and expendables parts in support of its growing MRO capability.

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CDB Aviation leases two E190s to Myanmar Airways International

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., has signed a lease agreement for a pair of Embraer E190 aircraft with Myanmar Airways International (MAI).

The Embraer jet duo will join the carrier’s all-Airbus fleet this summer. The E190s are anticipated to debut on flights within the Myanmar domestic market and some key international routes starting as early as August 2020, supplementing operations by sister carrier Air KBZ on domestic and regional routes, according to the airline.

MAI currently operates scheduled service to destinations in South East Asia from its main base at Yangon International Airport and Mandalay International Airport.

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UPCOMING EVENTS

Manufacturing World
February 26 - 18, 2020 – Makuhari Messe, Chiba-city, Japan


Operating Lease & Aviation Finance Seminar
March 24 - 26, 2020 - London, UK

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