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Monday, August 26th, 2019
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With 94.77 percent of shareholders voting in favour of the sale of Transat to Air Canada at a special meeting, the future of the deal now rests firmly in the hands of regulators. The bid of CA$720 million equates to a figure of CA$17.00 per share for Transat, while the company’s share price dropped 3 percent to CA$16.19 at market close. If successful, Air Canada’s takeover of Transat will see Canada’s largest carrier secure a 60 percent share of the country’s transatlantic market, while maintaining a firm hold on air travel to and from Montreal.
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It is anticipated the takeover will be closely scrutinized, not only from the Competition Bureau, but other regulatory bodies, including those in Europe. “Today, we are very confident that we will get the approval of these different regulatory authorities,” Transat board member Jean-Yves Leblanc said at a news conference. (US$1.00 = CA$1.33 at time of publication.)
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U.S. Department of Transportation (DOT) Secretary Elaine L. Chao has announced the appointment of 22 members to DOT’s new Safety Oversight and Certification Advisory Committee (SOCAC).
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“The committee’s input will help the Department ensure that the FAA remains the world’s leader in aviation safety,” said Secretary Elaine L. Chao.
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The SOCAC was created by the FAA (Federal Aviation Administration) Reauthorization Act of 2018. The committee will provide advice to the Secretary of Transportation regarding issues facing the aviation community related to FAA safety oversight and certification programs. These include aircraft and flight standards certification processes, oversight of safety management systems, risk-based oversight efforts, and utilization of delegation and designation authorities.
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The SOCAC consists of twenty voting members representing stakeholders across the aviation field and two non-voting FAA members. Members are appointed to 2-year terms. The FAA Administrator will also serve on the committee as a voting member.
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Gulfstream Aerospace has officially expanded its maintenance, repair and overhaul (MRO) operations at Wisconsin’s Appleton International Airport with the opening of a newly built aircraft maintenance facility. The facility has been operational since Aug. 10.
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The nearly 190,000 ft² building, northeast of the airport terminal, was constructed with an investment of approximately US$40 million. The expansion to the Appleton service center includes 101,853 sq ft² of hangar space, which will accommodate 12 Gulfstream G650ER or G650 aircraft. In addition to offices, back shops and general support space, the expansion adds a new sales and design center and increased customer access to Gulfstream’s design portfolio.
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The project, announced in February 2018, has resulted in nearly 100 new jobs at Gulfstream Appleton, with the potential for more in the next few years.
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Luftfahrtgesellschaft Walter (LGW) has successfully passed the IATA Operational Safety Audit (IOSA) of the International Air Transport Association (IATA). On this basis it will apply for membership in the IATA.
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The IOSA is the worldwide industry standard for operational quality and safety procedures in air traffic. During certification, all operational departments such as organisation, flight operations, aircraft maintenance and cabin crew are checked for the course of established procedures. IATA is an international association representing some 290 airlines or 82% of all air traffic. Its members play a major role in shaping industrial policy issues in aviation.
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This means that both airlines of the Zeitfracht Group are certified with the IOSA. In addition to LGW, WDL Aviation, which already has been successfully audited in the past, is also part of the Berlin family business.
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Luftfahrtgesellschaft Walter mbH (LGW) is an airline founded in 1980 and active in regional and feeder traffic.It has its headquarters at Dortmund Airport and further locations in Düsseldorf and Stuttgart. The company is a leading provider in the wet lease business. LGW was taken over by the Berlin-based Zeitfracht Group in April 2019.
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Nordic Aviation Capital (NAC) has delivered one new Embraer E190, MSN 19000768, to HOP! on lease. This is the third aircraft to deliver as part of a seven aircraft lease agreement.
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HOP! is a subsidiary airline of the AIR FRANCE Group and operates flights for Air France, in several regions of France and Europe.
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The British Airline Pilots Association (BALPA) union has announced that as a result of long-running negotiations with British Airways (BA) failing to reach a settlement, pilots will be going on strike for three days in September on the 9th, 10th and 27th of the month. The union has rejected BA’s offer of 11.5 percent spread over three years, which the airline was keen to point out had been accepted by other employees. 93% of pilots had voted in favour of industrial action which will cost BA approximately £40 million (US$49 million) per day. BALPA made it clear that pilots had made previous sacrifices to assist the company, including cuts to salary, pension and leave. And with BA now recording profits of £2 billion (US$2.46 billion) a year, the strike was “a last resort and with enormous frustration at the way the business is now being run.”
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The first A220-300 for EgyptAir has successfully completed its inaugural test flight from the Mirabel assembly line. The first of 12 aircraft EgyptAir has on order is due to be delivered to the Cairo-based airline in the coming weeks.
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The A220 for EgyptAir will provide passengers with superior comfort, its innovative cabin design featuring the widest economy seats of any single-aisle aircraft, and panoramic windows for more natural light. The aircraft, which is outfitted with a brand new cabin layout of 134 seats, will now enter its final phase of completion before delivery.
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Rolls-Royce has signed a new TotalCare® Flex agreement with Air Canada that will ensure the availability of the airline’s Trent 700 until fleet retirement.
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The agreement marks a new milestone for TotalCare Flex, designed for owners and operators of mature engines. It is the first to be signed for the Trent 700, which entered service in 1995, and is in addition to TotalCare Flex agreements on Trent 800 and Trent 500 engines.
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To date, the Air Canada fleet of Trent 700-powered Airbus A330s has achieved more than 700,000 flying hours. With the first aircraft now reaching approximately 20 years in service, the reliability and durability of the Trent 700 is unparalleled.
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Bombardier has appointed Jeff Cole as Sales Director, Northeast U.S. With his vast experience and insight, Jeff looks to drive sales of Bombardier’s class-leading portfolio of business jets.
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A seasoned professional with more than 25 years of experience in aviation sales, Jeff has held a number of key roles in his career, starting in Technical Marketing and Sales Support. He has worked in various positions of increasing responsibility, and built a solid track record specializing in new and pre-owned business jet sales. Jeff’s territory includes New York City as well as Connecticut, Massachusetts and New Jersey.
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Swiss-AS has reported that USA Jet has recently gone live with AMOS and now uses the MRO software to support all maintenance processes.
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AMOS’s complete functional depth and scope was one of the prominent reasons USA Jet chose to partner with AMOS. This functional supremacy of AMOS stems from an ongoing investment from Swiss-AS to further develop the software and their close cooperation with the AMOS community.
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By exploiting the potential of a fully integrated and functionally rich system, USA Jet expects to increase its efficiency and the quality of its in-house planning processes and at the same time, will decrease maintenance costs.The project was supported by a strong IT department performing the data transfer in-house. As in every software implementation project, the data transfer is one of the key success factors for a timely launch.
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