|
|
|
|
|
|
Friday, September 27th, 2019
|
|
|
|
|
|
|
With the U.K.s Thomas Cook airline and travel agency now mired in compulsory bankruptcy proceedings, elsewhere the Group’s subsidies are now scrambling to protect themselves from a similar fate.
|
In Germany, a Frankfurt court has instigated investor protection proceedings in a bid to have Condor Flugdienst GmbH (Condor) restructured. Along with Thomas Cook GmbH, Condor is an independent unit of the British parent company Thomas Cook Group and the German government has already confirmed it will shore up the leisure travel carrier with a €380 million (US$4019 million) bridging loan.
|
The U.K.’s government was approached for and rejected a request for a £200 million (US$246 million) loan to enable the Group to remain operational and for a part sale / part financial restructuring to proceed. The German government has provided a bridging loan as Condor is not deemed insolvent and can therefore be saved.
|
Condor is headquartered at Frankfurt airport, operates a fleet of 35 Boeing and Airbus jets, and flies to holiday destinations in the Mediterranean, Asia, Africa, North America, South America and the Caribbean.
|
|
|
|
|
|
|
|
HAECO Group has selected Revima’s Flightwatching predictive maintenance tool to power its inflight component and aircraft monitoring solution, INSIGHT.
|
INSIGHT is an online platform that provides real-time monitoring and analysis of critical airline data which, together with remote troubleshooting, will bring operational value to airlines. In the next phase, INSIGHT will also provide key component reliability data for HAECO ITM’s customers, facilitating preventive action against component defects.
|
Revima’s Flightwatching solution includes significantly enhanced data analytics to accurately predict impending failures and deteriorated performance of components, making it possible to take preventive action prior to aircraft or system operational defects. Flightwatching introduced this software in 2013, taking advantage of webbased tools, advanced graphic interfaces, big data analytics and patented aircraft remote diagnosis procedure.
|
|
|
|
|
|
JetBlue, New York’s Hometown Airline®, is converting its fleet of baggage tractors and belt loaders – the largest part of its ground service equipment fleet at New York’s JFK International Airport – to electric powered. With support from the Port Authority of New York and New Jersey and the New York Power Authority (NYPA), JetBlue is rolling out the largest fleet of electric ground service equipment (eGSE) at JFK.
|
JetBlue is constantly looking for more efficient technologies and sustainable fuel options. Electric bag tugs and belt loaders will replace the previous vehicles which were powered by gasoline. The new eGSE equipment will help reduce noise, improve energy efficiency and lessen JetBlue’s environmental footprint.
|
By converting to eGSE, additional benefits for JetBlue will include: cutting four million pounds of CO2 greenhouse gas emission (1,700 metric tons) per year – the equivalent of the amount of CO2 absorbed by 2,100 acres of U.S. forests, reducing ground fuel usage by approx. 200,000 gallons of ground fuel a year and improving its bottom line with more than US$500,000 in ground fuel savings annually.
|
|
|
|
|
|
|
|
Israel Aerospace Industries (IAI) and Lockheed Martin have marked the delivery of the 100th advanced combat aircraft F-35 wing delivered by IAI at a ceremony held at the company’s wing assembly line.
|
The wings manufacturing center of IAI’s aviation division was established in November 2014, and benefits from a strong international reputation thanks to extensive know-how and experience in making wings for the F-16 and T-38. The center is now expected to manufacture above 800 F35 wings by 2034. On December 2018, IAI inaugurated an innovative line for production of F-35 wing skins, expanding the collaboration between the two companies.
|
The innovative assembly line of the F-35 wings complies with all of Lockheed Martin’s manufacturing and quality assurance requirements. Since entering the production contract, IAI has
invested multiple resources in the most advanced systems and technologies, establishing a production line characterized by utmost precision, stringent humidity and temperature control, and strict quality assurance. Among others, these measures allow the development of a unique, innovative composite part for the wings’ uppermost section.
|
|
|
|
|
|
Next year American Airlines will launch new service to Tokyo's Haneda International Airport (HND) from Dallas Fort Worth International Airport (DFW) and Los Angeles International Airport (LAX). Beginning March 29, American and its Pacific Joint Business partner Japan Airlines will offer a total of five daily flights to HND from four U.S. cities: Los Angeles, Dallas-Fort Worth, New York and San Francisco.
|
“Our flights to Haneda will provide access to downtown Tokyo with nonstop service from our Asia gateways — LAX and DFW,” said Vasu Raja, American's Vice President of Network and Schedule Planning. “Haneda is just 10 miles outside of Tokyo's city center, which is convenient for our customers traveling to business meetings downtown or for those who value access to fast and efficient public transportation.”
|
|
|
|
|
|
|
|
StandardAero Component Services, located in Cincinnati, Ohio, has shipped its first GE90-115 engine fan case module (FCM) unit for one of its airline customers. The GE90-115 FCM is one of the largest aircraft engine components in the industry and the GE90-115 is one of the world’s largest jet engines, powering Boeing 777 aircraft.
|
An appointed team from StandardAero visited the customer’s European facilities in May of this year to review the repair process of similar FCMs. After the review, the team of technicians returned to Cincinnati to design, build and order all tooling and fixtures needed to support the repair process. The team then worked with the local FAA office to add the module repair workscope to StandardAero’s Cincinnati capability list. StandardAero then performed 100% all the disassembly, inspections, repairs and assembly and shipped its first GE90-115 FCM 15 days ahead of the customer requested date.
|
|
|
|
|
|
A Nordic initiative to drive the development of electric aircraft is now being launched. Funded by Nordic Innovation (an organization under the Nordic Council of Ministers), a platform is created where Nordic players gather to develop the future of electric aviation.
|
“Technological innovations are key in solving aviation’s CO2 emission challenge”, says Jaakko Schildt, Chief Operating Officer, Finnair. “In this project we are concretely creating the future of electric aviation, together, and taking an important step towards carbon-neutral flying.”
|
“We will be a Nordic network that works with both infrastructure, industry issues and new business models”, says Maria Fiskerud, project manager for The Nordic Network for Electric Aviation (NEA).
|
The NEA network will organize workshops and other events to build knowledge and cooperation in the Nordic countries. At present, the network has eleven members: Air Greenland, Avinor, Braathens Regional Airlines, El-fly AS, Finnair, Heart Aerospace, Iceland Air, NISA (Nordic Innovation Sustainable Aviation), RISE, SAS and Swedavia.
|
The network has four focus areas with clear objectives for driving the growth of electric aircraft: standardizing electric air infrastructure in the Nordic countries, developing business models for regional point-to-point connectivity between Nordic countries, developing aircraft technology for Nordic weather conditions and creating a platform for European and global collaborations.
|
|
|
|
|
|
|
|
Spatial, a provider of cabin crew training simulators, has announced that its ATR Emergency Evacuation Trainer for Cebu Pacific successfully passed its Factory Acceptance Test. This is the third device Spatial has manufactured for Cebu Pacific and covers all of the cabin exits in the aircraft.
|
Spatial Composite Solutions in an ISO9001 certified provider of cabin crew training equipment, specialising in the manufacture of cutting edge emergency evacuation, cabin service and door
trainers. Additionally, the company provides consultancy services in relation to the design and fit-out of cabin crew training facilities.
|
|
|
|
|
|
British Airways' parent company International Airlines Group has updated its full year 2019 operating profit guidance. In a press release IAG stated that during September, BALPA’s (British Airways main pilots’ union) industrial action initially scheduled for the 9, 10 and 27 led to an initial cancellation of 4,521 flights over a period of seven days. Subsequently, 2,196 flights were reinstated leaving 2,325 cancellations. British Airways also introduced flexible commercial policies on 4,070 flights not directly affected by the industrial action. These policies enabled customers to re-book flights or receive a refund. The net financial impact of the industrial action is estimated to be €137 million. In addition, there were further disruption events affecting British Airways in the quarter, including threatened strikes by Heathrow Airport employees, which had a further net financial impact of €33 million.
|
IAG estimates that the latest booking trends in its low cost segments (primarily Vueling and LEVEL) will have an adverse financial impact of €45 million.
|
At current fuel prices and exchange rates, IAG therefore expects its 2019 operating profit before exceptional items to be €215 million lower than 2018 pro forma (€3,485 million). Passenger unit revenue is expected to be slightly down at constant currency, compared to flat guidance
previously, and non-fuel unit costs are expected to improve at constant currency, unchanged from previous guidance. Capacity growth, measured in ASKs, for the fourth quarter is now expected to be about 2 per cent, which is 1.2 points below previous guidance, and full year capacity growth is expected to be about 4 per cent, compared to 5 per cent previously.
|
|
|
|
|
|
|
|
Safran Nacelles has signed a NacelleLife™ support contract with All Nippon Airways covering the carrier's three Airbus A380 aircraft.
|
This ten-year agreement will allow All Nippon Airways (ANA) to benefit from OEM-guaranteed maintenance, repair and overhaul (MRO) solutions based on in-service experience at Safran Nacelles repair stations. The airline will also have access to Safran Nacelles' shared pool of spare parts and components, as well as the positioning of a spare nacelle air inlet at Honolulu. Providing the spare air inlet ensures on-site availability at ANA's destination in the mid-Pacific Ocean.
|
ANA is Japan's largest airline and the latest A380 operator, receiving its first two of three aircraft earlier this year for use on the popular route between Tokyo and Honolulu in the U.S. Hawaiian
Islands.
|
|
|
|
|
|
|
|
|
|
click here to download the latest PDF edition
|
|
|
|
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
|
|
UPCOMING EVENTS
MRO Europe
October 15 - 17, 2019 – ExCel London, London, UK
|
|
|
|
|
|
|
|
|
|
|
