Daily2018-02-20
Follow-Us-Facebook
Follow Linkedin
Follow Twitter

LATEST NEWS

Monday, September 7th, 2020

Norwegian pins hope on second round of funding as passenger numbers drop 91%

Norwegian Air Shuttle (Norwegian), Norway’s flag-carrying airline, posted passenger numbers for August 2020 which reveal a 91% drop compared to the same period last year, 313,316 as opposed to 3.5 million, respectively, while the majority of its fleet remains grounded. Currently the airline has plans to operate between 25 and 30 of its planes, leaving the remaining 100 parked up, as a direct consequence of the fall in demand for air travel resulting from the COVID-19 pandemic.

Back in May, creditors and lessors took control of the airline in order to instigate a rescue package which amounted to some 3 billion Norwegian crowns (US$336 million) of state-guaranteed loans. By the end of the year Norwegian hopes to have completed a much-needed second round of financing that will see the carrier extend operations beyond April, when the current funding runs out, while further discussions are taking place with the Norwegian government with regard to additional support.

Despite the number of flights currently being operated, passenger numbers have remained critically low owing to an average 62.1% of seats being filled on flights, as opposed to a pre-pandemic figure of 90%. Headquartered in Fornebu, Norwegian is Europe’s fourth-largest low-cost carrier and operates Norwegian Air International, Norwegian Air Norway, Norwegian Air Sweden, Norwegian Air UK and Norwegian Long Haul as subsidiaries.

Remote_Table_Inspection_ad-1200x628_DRAFT

GE, TAE begin advanced engine work for U.S. Navy in Australia

GE Aviation and TAE Aerospace will support advanced engine work in Australia for the United States Navy’s fleet of F414 engines.

Under the GE Total Logistics Support program, the U.S. Navy’s F414 engines will receive prime logistics support in Australia, with selected repairs to be carried out on engine components using the expertise of GE and its partner, Queensland-based TAE Aerospace.

While the U.S. Navy traditionally conducts its depot repair work at facilities in the U.S. in partnership with GE, the success of GE and TAE in supporting the RAAF F414 fleet over the past decade encouraged consideration of a program based in Australia. Since 2011, program service and availability requirements were met or exceeded, as measured on a monthly basis.

These repairs will be completed at TAE’s dedicated facility in Brisbane. The first U.S. Navy components are scheduled to be completed in August.

American Airlines appoints Jessica Tyler to President of Cargo and Vice President of Airport Excellence

Jessica Tyler has been promoted to President of American Airlines Cargo and Vice President of Airport Excellence in June. Tyler is the first female president in the 75-year history of American’s Cargo division. In this role, she leads the teams responsible for the success of the airline’s cargo business and delivering operational and customer service excellence for both airports and cargo. She reports to Jim Butler, Senior Vice President of Airport Operations and Cargo.

Tyler previously served as managing director of Strategy and Development for American Airlines Cargo. She replaced Rick Elieson, who was named Vice President of Loyalty, overseeing the AAdvantage® loyalty program.

Additionally, Thomas Rajan was promoted to Vice President of Compensation and Benefits in August. In this role, Rajan oversees the design, execution and operations of all compensation, benefits, and team member health and well-being programs to complement the airline’s strategic business direction. He reports to Elise Eberwein, executive vice president of People and Global Engagement.

ACR_03

Delta TechOps completes first P&W next-generation jet engine heavy maintenance visit

The Delta TechOps' aviation maintenance technicians have completed the first comprehensive maintenance visit of a PW1100G-JM engine. This next-generation engine will power Delta’s future A321neo aircraft and is part of Pratt & Whitney’s GTF engine family, covering five aircraft platforms.

This PW1100G-JM induction was a heavy maintenance visit where the engine was almost fully disassembled to perform targeted hardware upgrades. The full disassembly allowed for Delta TechOps teams to train, achieve certification to perform PW1100G-JM procedures, and start development of in-house repair capability as a P&W disassembly, assembly and testing center.

Finnair re-opens operations to Nanjing for September and October

Finnair has received permission from Chinese-authorities to operate one weekly flight between Helsinki and Nanjing as of September 11. The route will be operated with Airbus A350 aircraft until October 18, and it supports cargo and passenger travel demand between Europe and China.

Finnair currently offers smooth connections to 30 destinations in Europe and Finland from its Helsinki hub.

“We are happy to be able to serve another destination in China, which continues to be a key market for us,” says Ole Orvér, Chief Commercial Officer, Finnair. “In September we are flying to Mainland China (Shanghai and Nanjing) two times per week and look forward to further increasing our service to the Chinese market soonest.”  

GAT_46

IAI introduces small helicopter UAVs "MultiFlyer", designed for non-military tasks

Israel Aerospace Industries (IAI) has introduced MultiFlyer, a UAV squadron of small unmanned helicopters that can fulfill a large range of non-military tasks. MultiFlyer provides advanced monitoring capabilities for large areas and is based on commercial, off-the-shelf helicopter UAVs from Alpha Unmanned Systems integrated with components from IAI and several Israeli startup companies. The command and control system was designed by Simplex and the area scanning technologies are powered by Sightec. Use cases include disaster area monitoring, guiding rescue units in lifesaving missions, traffic control in mass events, securing sensitive facilities, police enforcement, and surveys of large agricultural or marine areas.

MultiFlyer transforms what would otherwise be several isolated UAV missions into a cloud of information. MultiFlyer can be activated from a tablet or smartphone that serves as a single point of control of several synchronized missions including automated takeoff and landing, flight routes, mission management, and others. The system network connection is secured to allow usage by several simultaneous users. The MultiFlyer system can be used with different types of UAVs and drones as well as carry different types of payloads.

TRU_01

Safran appoints new management

Safran has named Olivier Andriès as Executive Vice President, effective September 10, 2020. He is a member of the Group's Executive Committee.
As initially announced, Olivier Andriès will succeed Philippe Petitcolin as Chief Executive Officer of Safran on January 1, 2021.

Jean-Paul Alary has been appointed Chief Executive Officer of Safran Aircraft Engines, effective September 10, 2020. He succeeds Olivier Andriès and is a member of the Group's Executive Committee.

Cédric Goubet has been named Chief Executive Officer of Safran Landing Systems, effective September 10, 2020. He succeeds Jean-Paul Alary and is a member of the Group's Executive Committee.

Vincent Caro has been named Chief Executive Officer of Safran Nacelles, effective September 10, 2020. He succeeds Cédric Goubet and becomes a member of the Group's Executive Committee.

AviTrader_Weekly_Headline_News_Cover_2020-09-07

click here to download the latest PDF edition

MRO-2020-08 cover

click here to download the latest PDF edition

click here to subscribe to our other free publications

AIRCRAFT & ENGINE MARKETPLACE

click here to view in PDF aircraft and engines available for sale and lease

Follow Twitter
Follow Linkedin
Follow-Us-Facebook
Interested in advertising with AviTrader?

Tamar Jorssen
Vice President Sales & Business Development
Email: [email protected]
North America Toll-Free: +1 (833) 258 8543
Outside North America: +1 (788) 213 8543
Tamar