Daily2018-02-20

LATEST NEWS

Thursday, October 17th, 2019

Etihad and Air Arabia to establish first Abu Dhabi-based low-cost carrier

Operating out of Abu Dhabi International Airport, a new airline dubbed “Air Arabia Abu Dhabi” is being set up through a joint venture between fellow Abu Dhabi-based carriers Etihad Airways (Etihad) and Air Arabia.

“This exciting partnership supports our transformation programme and will offer our guests a new option for low-cost travel to and from Abu Dhabi, supplementing our own services," Tony Douglas, group chief executive of Etihad Aviation Group, said. "We look forward to the launch of the new airline in due course."

Where Etihad is concerned, the new airline should bolster its 2017 turnaround plans to become profitable again by 2023, having already reduced overhead costs, dropped unprofitable routes, cut jobs and restructured Airbus and Boeing plane orders. This move comes after Etihad somewhat unsuccessfully took minority stakes in a number of global carriers and will now see it concentrate on point-to-point rather than transcontinental traffic.

While the joint venture has been announced, no additional details have been made available as to the size of stake each carrier will have in the joint venture, or the size of its fleet of aircraft. Analysts see this as a positive move that could see a low-cost carrier appeal to the demand from low-income workers who wish to travel to India, Pakistan and the Philippines, while it could also help to feed traffic to onward destinations served by Etihad’s current long-haul flights.

Rusada

Ryanair launches new routes to Armenia from 2020

Ryanair will launch its first ever flights from Armenia, the 40th country in the Ryanair network, with two new routes from Yerevan to Milan Bergamo and Rome Ciampino starting in January 2020, and two new routes from Yerevan to Berlin Schönefeld and Gyumri to Memmingen starting in Summer 2020. Ryanair’s 2020 schedule will deliver 130,000 customers annually to/from Ryanair’s Armenian airports.

VAS Aero Services and Czech Airlines Technics sign component repair services agreement

VAS Aero Service and Czech Airlines Technics (CSAT), a provider of aircraft repair and maintenance services, have signed a long-term component repair services agreement.

CSAT serves a range of aviation customers from its state-of-the-art MRO facilities at Václav Havel Airport Prague in the Czech Republic. The company supports key airlines customers with maintenance and repair services for B737, A320 Family and ATR aircraft. The first contract between the two aviation aftermarket services providers will allow CSAT to expand capabilities within its component services divisions with the addition of certified repaired parts from VAS.

VAS Aero

Airbus and Delta form digital alliance

Airbus and Delta Air Lines are forming a digital alliance to develop new predictive maintenance and health-monitoring solutions for airline customers worldwide from 2020.

To be accessed via a unified portal through the Skywise platform, the cross-fleet solutions will harness each member’s expertise in airframes, systems and engines. Delta Air Lines will be the first user of the enriched predictive maintenance solution.

This partnership builds on an already successful platform of technical collaboration between Airbus and Delta: In October 2018, Delta entered into a multi-year contract with Airbus to apply Skywise Predictive Maintenance to its A320 and A330 fleets – covering around 400 aircraft. Moreover, in June this year, Airbus and Delta joined forces to offer A220 component repair and material services for Airbus’ A220 Flight Hour Services (FHS) programme.

Liebherr and ATR sign ATR42/72-600 global maintenance agreement

Liebherr-Aerospace and ATR have signed a ten-year agreement covering the supply of components, repairs and associated Pay-by-the-Hour services for the more than 300 ATR42/72-600 aircraft fleet.

After two years of development, the new air management system developed and manufactured by Liebherr-Aerospace, will enter into service next year on ATR’s 42/72 aircraft family. The regional
aircraft program will benefit from this highly reliable system as it generates and enhances on-board comfort for passengers and crew while substantially reducing operation costs.

ATR extends its confidence for ten years by entrusting Liebherr-Aerospace with the comprehensive product support and services for its fleet managed through its Global Maintenance Agreement, as Liebherr-Aerospace will handle the maintenance services for ATR operators through a back-to-back contract. The support services will be performed by Liebherr-Aerospace’s service stations in Toulouse (France), center of excellence for air management systems, and Liebherr-Aerospace’s service stations in Singapore and Saline, Michigan (USA).

EPL_DY_2019-10-17

TurbineAero Asia unveils new facility near Bangkok Thailand

TurbineAero, a portfolio company of The Gores Group, has officially opened its new facility in Chonburi, just outside of Bangkok Thailand. On Friday, September 27, 2019, TurbineAero has unveiled the new 90,000 ft² facility, down the street from its former location.

“I am very excited to have this state-of-the-art facility completed and look forward to providing our TurbineAero Asia team a platform for offering differentiated service offerings to our customers in the region, fueling our next phase of global growth,” said Rob Wilson, CEO.

The new facility has maintenance, repair and overhaul capabilities for GTCP131-9A/-9B/-9C, 331-200/-350/-500, 85-129 and PW901A/C Auxiliary Power Units (APUs), APU components (piece parts) and accessories (LRUs), with plenty of room for growth.

TurbineAero Asia’s APU component repair product line holds all main part-145 certifications such as CAAT Thailand, FAA, EASA, CAAC China, JCAB Japan, Indonesia DGCA, ISO AS9110 and more.

Component Control to integrate Aeroxchange's AeroRepair

Component Control has announced the expanded integration between Quantum Control and Aeroxchange’s AeroRepair platform. Designed to provide effortless data sharing between MRO Service Providers, Part Sellers and its customers, the Integration between Quantum Control and AeroRepair simplifies communication, increases accuracy and reduces manual data entry. 

Aeroxchange, the electronic business network, supports all MRO business processes within the aviation industry for buyers and sellers. Integration with Aeroxchange’s AeroRepair allows repair facilities to easily accept and process customer orders, send acknowledgements and pricing estimates, update customers with estimated completion dates, and finally send shipping notifications and billings all from within Quantum.

Aircrafters

TrueNoord leases six Embraer E170 to Republic Airways

Republic Airways, the regional airline operating a service as American Eagle, Delta Connection and United Express in the US, has leased six Embraer 170s from TrueNoord, the specialist regional aircraft lessor. These aircrafts have been operating with Republic Airways since 2005 and have now been purchased by TrueNoord with leases attached from GA Telesis. This is TrueNoord’s first fleet deal in North America.

Financing was provided under a bilateral term loan facility supported by Erste Bank. Pillsbury, Winthrop, Shaw, Pittman LLP advised TrueNoord on the transaction.

In closing this milestone deal, TrueNoord adds a new aircraft type to its portfolio and increases its E-Jet fleet to 28, of which six are Embraer E170s, and the total fleet to 41 including 12 turboprops.

Kellstrom

LHT inks A380 main landing gear MRO license and asset agreement with Collins Aerospace

Collins Aerospace Systems and Lufthansa Technik announced a first-of-its-kind licensing and asset agreement for Airbus A380 main landing gear Maintenance Repair and Overhaul (MRO) services. Under the agreement, which spans the life of the A380 program, Lufthansa Technik will be able to provide A380 main landing gear MRO services and access to assets supporting customer layover schedules.

To help Lufthansa Technik develop MRO capabilities for the A380 main landing gear, Collins Aerospace will provide training, parts and proprietary repair procedures, including access to technical publications required to perform A380 main landing gear MRO services.

Lufthansa Technik will offer asset management services through access to a collaboratively managed main landing gears pool of Collins Aerospace.

"This agreement will provide A380 operators with more options for their main landing gear MRO services from high-quality repair centers," said Ajay Mahajan, president of Landing Systems at Collins Aerospace. "Lufthansa Technik and Collins Aerospace have enjoyed a longstanding, collaborative relationship and we look forward to continuing to work together to better meet the MRO needs of our customers moving forward."

Spirit Airlines selects TRAX eMobility apps

Spirit Airlines has selected TRAX eMobility apps to significantly increase efficiency and reduce transaction times for its fleet maintenance and aircraft turnarounds. Spirit plans to launch the QuickTurn app, TaskControl, Line Control and EzStock-apps.

The apps are designed to provide real-time information and real-time transactions, allowing users to work from anywhere and automatically synchronizing when in WiFi or cellular range. By exploiting the potential of a system that is fully integrated with its Trax Maintenance and Engineering system, Spirit expects to increase its productivity and at the same time will decrease maintenance costs.

RoyalAero
AviTrader_Weekly_Headline_News_Cover_2019-10-14

click here to download the latest PDF edition

AviTrader_Monthly_MRO_e-Magazine_Cover_2019-09

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


Advanced Engineering 2019
October 30 - 31, 2019 – NEC, Birmingham, UK


EyeforTravel Revenue Optimization and Marketing Summit
November 26 - 27, 2019 – Hotel Novotel Amsterdam City, Amsterdam, NL


Manufacturing World
February 26 - 18, 2020 – Makuhari Messe, Chiba-city, Japan