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Wednesday, September 25th, 2019
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Slovenia-based Adria Airways has been forced to temporarily suspend operations on all but one of its routes as a consequence of a lack of liquid funds. The announcement comes only a day after the U.K.s Thomas Cook ceased all flights and entered into compulsory liquidation.
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The carrier will continue to operate between Ljubljana in Slovenia, and Frankfurt, Germany. Adria Airways has indicated it hopes the suspension will last for no more than two days while it explores solutions with a potential investor. Slovenia media has reported the suspension of flights has affected many thousands of passengers and the current situation has been described as “the biggest upset in Slovenian civil aviation in decades.”
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The airline, formerly Slovenia’s flag-carrying airline, was sold to 4K invest in 2016, who subsequently sold all its planes and instead now leases them. Current financial problems saw Adria Airways default on two aircraft leases which have subsequently been repossessed. The decision to suspend flights came after repeated delays and cancellations by the cash-strapped carrier.
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MTU Maintenance, a global leader in customized solutions for aero engines, has opened an office in the heart of the aviation leasing hub Singapore. The new office is located in the Central Business District and its grand opening is being celebrated during the on-going MRO Asia.
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Luc Morvan has taken on the role of Chief Representative of MTU Maintenance’s activities in Singapore. He will be responsible for building up business in the Asia-Pacific region.
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“This move is a natural next step in our global yet local growth strategy and enables us immediate proximity to the aviation and leasing scene in Asia,” says Martin Friis-Petersen, Senior Vice President MRO Programs, MTU Aero Engines. “This availability and closeness will enable us to efficiently and directly serve the community with excellent, lessor-oriented MRO solutions.”
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FPG Amentum, the Dublin-based aircraft leasing / management company and Munich-based asset and lease manager LHI Group have announced the acquisition of an Airbus A220-300.
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This is the second aircraft in a two-aircraft transaction, following the first delivery during the second quarter of 2019. Both aircraft were acquired new in a sale & leaseback transaction with Air Baltic and its advisor Skytech-AIC. They are owned by investment vehicles managed by LHI with servicing done by FPG Amentum.
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MRO service provider SR Technics has been awarded an exclusive five-year engine maintenance contract by Asiana Airlines effective September 1, 2019.
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The new contract with Asiana Airlines, South Korea's second largest carrier, brings SR Technics an important new customer in the region. The MRO’s Engine Services business unit will perform more than 50 Pratt &Whitney PW4000 shop visits for their A330-300 fleet over the period. All work will be performed at the SR Technics engine shop in Zurich.
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The Airbus A400M new generation airlifter has successfully achieved its first helicopter air-to-air refueling contacts with an H225M. Over the course of 4 flights, operated in day conditions over the south of France, the A400M performed 51 dry contacts marking a decisive milestone towards its full capability as a tanker. These tests were performed under the coordination of the French “DGA Essais en vol” flight test centre.
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The tests, involving no fuel and performed between 1,000 ft and 10,000 ft at flight speeds as low as 105 knots, confirmed the positive results of previous proximity flights conducted at the beginning of 2019. The next step in the flight test program will involve wet contact operations scheduled to take place before the end of 2019 ahead of final certification in 2021.
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The flight test campaign also included the first proximity trials between the A400M and an H160 helicopter requested by the French Defence Procurement Agency (DGA) in the frame of the feasibility study for the Guépard (future military multirole helicopter for the French armed
forces). Tests were performed successfully.
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Skyways Technics Asia Sdn Bhd, the Asia Pacific branch of regional aircraft MRO specialist Skyways Technics, has developed and opened new capability for ATR radome repairs in their 145 approved repair shop based in Subang Airport, Malaysia.
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After leading edges and radome, Skyways Technics Asia will continue focus on more ATR structure repair capabilities, and is currently in the process of extending their facilities in order to triple the current shop size and host more production capacity.
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China Cargo Airlines has entrusted Lufthansa Technik with the component support for three Boeing 747-400 freighter aircraft. The five-year Total Component Support (TCS®) agreement is the first major collaboration between the two companies - and the first TCS® contract with a direct service provision to a Chinese customer.
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Lufthansa Technik's Total Component Support offers operators optimal component availability without the task of setting up and maintaining their own spare parts inventories. China Cargo Airlines will benefit from a unique pooling concept which guarantees 100% reliable delivery at a pre-determined service level and resulting lower operating costs, especially through effects of scale. The agreement with the all-cargo airline comprises 427 part numbers.
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JetBlue's newest aircraft, the Airbus A321neo, has officially entered scheduled service marking the start of a new and exciting future for the airline’s modern fleet. Featuring increased fuel efficiency, an extended range and the very best in customer comfort, the aircraft will benefit the airline’s customers, crewmembers and investors.
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The new aircraft officially entered scheduled service on September 24, as flight #1 from New York’s John F. Kennedy International Airport (JFK) to Fort Lauderdale-Hollywood International Airport (FLL), which commemorated JetBlue’s first revenue route nearly 20 years ago when the airline first took to the skies.
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PWI Inc. of Wichita, Kansas USA has released that KADEX Aero Supply, headquartered in Peterborough, Ontario, Canada has become the exclusive distributor of PWI products throughout all Canada.
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PWI and KADEX have worked together for years, with KADEX demonstrating a consistent track record of outstanding customer service. KADEX Aero will continue to develop their own aviation business, while distributing PWI products to aviation dealers country-wide.
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KADEX Aero currently distributes several important aviation product lines in Canada from facilities in Calgary, Alberta and Peterborough, Ontario. KADEX will develop the PWI dealer network, supporting them with demonstrated expertise in product knowledge and meeting customer needs.
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Liebherr-Aerospace has signed a long-term service agreement in Japan: The Original Equipment Manufacturer will cover the overhaul of the landing gear systems of the 10 Embraer E170 family aircraft from Fuji Dream Airlines (FDA).
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Fuji Dream Airlines, with its main bases in Shizuoka and Nagoya, is an independent regional Japanese carrier who started their operations in July 2009. Today they are offering daily flights to 17 domestic destinations in Japan. In order to safeguard continuous operation of their Embraer E170 fleet, Fuji Dream and Liebherr-Aerospace have recently reached an agreement covering the overhaul of the main and nose landing gear systems of the airline’s Embraer E-Jet E170 family fleet.
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AIRCRAFT & ENGINE MARKETPLACE
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click here to view in PDF aircraft and engines available for sale and lease
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UPCOMING EVENTS
MRO Europe
October 15 - 17, 2019 – ExCel London, London, UK
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