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LATEST NEWS
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Tuesday, May 19th, 2020
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Ethiopian Airlines’ (Ethiopian) chairman, Tewolde Gebremariam, has confirmed that he anticipates the settlement of a compensation package with Boeing in relation to lost revenue owing to the grounding of the 737 MAX after the crash of one of the jets belonging to Ethiopian in March 2019.
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“We have invited Boeing to discuss compensation. It’s compensation for the grounded MAX … there is also compensation for delayed delivery of the MAX that was supposed to come and loss of revenue,” Tewolde said in an interview, adding that he expects compensation to be agreed by the end of June when its fiscal year closes. Boeing has not commented on the situation other than to say that the company is working closely with Ethiopian and hopes “to reach a fair and reasonable outcome.”
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Ethiopian currently has four grounded MAX planes in its fleet and has taken delivery of five of the jets of a 30-plane order, including the MAX that crashed. The compensation sought relates only to financial losses incurred as a consequence of the grounding of the 737 MAX and does not relate to the crash itself. Ethiopian has decided not to pursue a lawsuit against Boeing for the accident as the American planemaker remains a “partner” and Ethiopian uses many of its planes. As a result, compensation may come in the form of cash or plane parts.
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Ethiopian has posted a first-quarter 2020 loss of US$55o million but Tewolde does not anticipate having to approach the Ethiopian government for financial assistance. The carrier has converted 22 of its passenger jets to cargo planes to generate revenue while demand for air travel has all but dried up.
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SAS has appointed Magnus Örnberg as new Exeutive Vice President and Chief Financial Officer (CFO). Magnus Örnberg’s most recent position is that of CFO for the SAAB AB defence and security group, a position he has held since 2012.
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Örnberg is a well-established and valued CFO with comprehensive financial experience from large, listed international industry groups. He has worked in different roles and units within the ABB group over many years, in Sweden as well as internationally, and has since 2012 worked as CFO for the defence and security group SAAB.
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C&L Aerospace has appointed Javier Hernandez Regional Sales Manager for Central and South America including Mexico. Hernandez is an experienced aircraft parts sales leader with a proven track record of creating innovative solutions for customers.
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Hernandez will further develop C&L’s relationships with Latin American regional airlines, specializing in ATR, ERJ, Beech 1900, and Saab 340 aircraft along with military operators utilizing T700 and CT7 engine platforms.
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Hernandez is based out of Miami/Fort Lauderdale, Florida.
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Pro Star Aviation, a premier innovative aerospace modification facility, has completed the first installation of the new Gogo AVANCE L5 into a Pilatus PC-24 aircraft. The Gogo AVANCE L5 was an upgrade from the factory installed ATG-2000, delivering high-speed 4G aircraft connectivity enabling passengers and crew access to video streaming, web/email, voice/text, and more.
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Pro Star Aviation was able to complete the installation in under two weeks using FAA-approved data. Pro Star Aviation has a team of in-house engineers and a DER which allowed them to create a custom engineering package specifically for the PC-24 aircraft.
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The Gogo AVANCE L5 is a single unit configuration, with a 4G network that allows for up to 40 devices to connect simultaneously. The AVANCE L5 provides broadband connectivity to keep passengers and crew connected while in the air. Browsing and secure connections such as corporate VPN access, adds value to the aircraft.
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On May 18, 2020, a B737-800 was towed into GAMECO hangar, marking the inauguration of its first B737-800 PTF (passenger to freighter) conversion after half-year preparation.
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Nowadays, under the pandemic prevention and control activities going on around the world, a serious shortage of capacity has been exposed in the air cargo market. With a surge in demands for all freighters, the opening of GAMECO PTF production line can meet the increasing air cargo transportation demands home and abroad as well as contribute to the capacity expansion of global air cargo market.
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It is the first time for GAMECO to carry out the PTF conversion on a B737-800, a leap of GAMECO's maintenance capacity and a solid step forward to become a top-class MRO in the world. It is reported that the second B737-800 PTF conversion production line will be put into production in
the second half of this year.
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ACC Aviation Group have secured a US$100,000,000 Non-Owned Third Party Legal Liability (NOL) policy, covering aircraft charter and wet leasing business undertaken by the company.
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While the COVID-19 pandemic has significantly impacted the global business community, ACC has continued working with airline suppliers to support their clients worldwide, repatriating displaced nationals and keeping critical supplies and equipment moving.
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The NOL policy further strengthens ACC's service offering, providing much-needed peace of mind during this period of uncertainty in the aviation market.
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ACC’s Director of Charter, Richard Smith, comments: “The decision to provide this enhanced coverage for our clients reinforces ACC’s commitment to its growing customer base. With the future of air travel post-crisis still very much in flux, we expect to see the benefits of aircraft charter for business and leisure drive a rise in demand for private, bespoke travel solutions, once restrictions begin to lift.”
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The collaboration agreement covers the design and manufacture of wings, empennage and electrical wiring interconnection systems (EWIS) for Alice, the regional electric aircraft recently launched by Eviation. The aircraft is aiming to change the way people travel, by making journeys of distances up to 650 miles more sustainable.
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As part of GKN Aerospace’s collaboration agreement with Eviation, design and manufacturing activities are already ongoing on-site at Eviation (Israel) and in several GKN Aerospace engineering centres across Europe.
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GKN Aerospace is using its capability in the design and manufacture of advanced lightweight aerostructures and EWIS - as proven on the Airbus A220, A320, A330, A400M, A350 XWB, Boeing 767 and 787, Dassault F6X, F7X, F8X Gulfstream G550, G650, G700 and the Lockheed Martin F-35 - to mature the design of the empennage, wing and EWIS of Alice.
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Amerijet International Airlines, the U.S.-based cargo airline has signed a contract to use the FLYdocs® Aircraft Records Management Platform to manage its maintenance records.
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Under the five-year agreement with FLYdocs, the partnership will elevate the digital migration of aircraft records as well as an ERP integration to allow Amerijet to benefit from full digital aircraft compliance on-demand.
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With more than 45 years of experience in the cargo industry, Amerijet operates its own dedicated freighter fleet of B767 aircraft from its primary hub at the Miami International Airport to destinations throughout the Caribbean, Mexico, Central and South America, and Western Europe.
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