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LATEST NEWS
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Wednesday, November 17th, 2021
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Mammoth Freighters (Mammoth) founded to develop, convert and support both models of the most productive and economical Boeing 777 long-range freighter, has announced that Canada’s Cargojet will become the launch customer for its new 777-200LR freighter.
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Cargojet has signed a sales agreement for two 777-200LRMFs (long-range Mammoth Freighters), with additional options for two -300ERMFs (extended range) and two further-200LRMFs. The prototype (conformity) article for certification, MSN 29747, will undergo the conversion process in mid-2022 with delivery anticipated in the latter half of 2023.
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The 777-200LRMF is a fuel-efficient, heavy lifting, high-volume, long-range aircraft which will operate with clean, efficient and reliable GE90-110/115B engines, the arrival of which will complete the Cargojet fleet profile. Cargojet is one of Canada’s leading provider of time-sensitive, premium air cargo services covering all major cities in North America, providing dedicated ACMI and International Charter services, carrying in excess of 25,000,000 pounds of cargo on a weekly basis using its own fleet of thirty-one aircraft.
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Mammoth Co-CEO Bill Tarpley said, “We are grateful and excited that Mammoth has been selected by Cargojet to bring this conversion to market and demonstrate the significance of our product to the world. This is the next generation of converted freighters that have improved on-wing performance while using less fuel and emitting less carbon than the current aging wide-body fleet.”
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Stratos, a leading aircraft investment specialist and asset manager, has announced it is the servicer of the new aircraft-backed ABS, SOLRR 2021-1 which closed on November 15 and raised US$$706.5 million of securitised debt for a portfolio of 22 narrow-body aircraft leased to ten airlines in eight countries. The equity was provided by a fund managed by Sculptor Capital Management and press reports indicate that the debt achieved the tightest three-class pricing in the aircraft securitisation market to date. Deutsche Bank was sole structuring agent and bookrunner and the deal featured widely distributed A, B and C notes.
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The 21 aircraft were all acquired since the onset of the COVID-crisis, all with leases in place and purchased via a combination of sale/leasebacks from various lessors. With over 40% of the lessees rated investment grade, a weighted average life of 4.2 years and most of the fleet in developed economies, the deal represents one of the highest quality aircraft portfolios introduced to the market.
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This is the second ABS for Stratos and this fleet will increase Stratos’ portfolio under management to just under 60 aircraft and confirms its position as one of the fastest growing independent aircraft servicers.
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Collins Aerospace has signed an agreement with Emirates Airline to upgrade its fleet of 101 Boeing B777 and 107 Airbus A380 aircraft with the company's latest GLU-2100 multi-mode receiver (MMR). In addition, Collins is providing a full suite of avionics and satcom capabilities to Emirates’ 777X aircraft.
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An MMR assists pilots in positioning, navigating and landing an aircraft. This supports the integrity of the aircraft position, accuracy and availability of demanding aircraft operations such as landing in low visibility conditions. Building on the segment-leading Global Navigation Satellite System (GNSS) capabilities of previous MMRs, the GLU-2100 now provides an industry-proven Satellite-Based Augmentation System (SBAS) and Ground-Based Augmentation System (GBAS) at entry into service.
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Collins Aerospace’s GLU-2100 also assists commercial aircraft in meeting flight zone global mandates, while also proofing the technology by providing a solid foundation for future growth. It includes the flexible hardware baseline necessary to implement future GNSS capabilities, such as multi-frequency and multi-constellation (MFMC), and GBAS Category II/III via software-only update.
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AvAir, an industry-leading inventory solutions provider for the aviation aftermarket, has been selected by GE Aviation Materials (GEAM) for an asset management programme initially covering more than 50,000-line items totalling nearly 70,000 components.
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GE Aviation Materials, a wholly owned subsidiary of GE Aviation, is a provider of used serviceable material and TrueChoice TransitionsTM solutions: Green time Lease, custom work scopes, Engine/Module exchanges, consignment, lessor integration and portability products for GE Aviation’s commercial engine programmes. GE Aviation has a global service network to support these offerings.
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AvAir’s Chandler, Arizona based facility will manage the inventory consisting of external commercial engine components such as Line Replaceable Units (LRUs), Quick Engine Change (QEC) material and accessories. Applications for the material covered under the agreement include GE widebody platforms such as CF6-80, GE90 and GEnx engines. Through this multi-year agreement, AvAir also becomes a preferred supplier to the GE network of MRO facilities, including each of its engine overhaul and component repair locations.
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Elbe Flugzeugwerke (EFW) welcomes German leisure airline Eurowings as a new customer to the composite aftermarket business of EFW. In the direct business to airlines and MRO companies, EFW offers composite spare parts with the highest product quality and delivery reliability as well as customised composite solutions according to customers’ needs and requirements.
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The cooperation with Eurowings marks an important milestone for the expansion of the aftermarket business of composite solutions as a further well-known airline relies on high-performance products made by EFW.
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Eurowings will receive composite spare parts from EFW for Airbus aircraft like floor panels and cargo linings for the PAX and cargo compartments offering increased robustness and durability. First products were delivered in July 2021.
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MENA Cargo has a new strategic partner in China’s Choice International Forwarding Company. MENA Cargo will support Choice Group’s one-stop logistics services in the Middle East and Africa by offering capacity and guaranteed uplift on B737 300F and B777 200ER-type aircraft. The agreement was signed in Bahrain on August 6th, and the first flight was operated on October 30th 2021, from Hong Kong to Nigeria, via Bahrain in the Kingdom of Bahrain.
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The Hong Kong to the Middle East and Hong Kong and Nigeria routes will help fill a capacity shortfall to meet surging demand for air cargo. Global demand is being driven mainly by increasing global e-commerce, with many products and components originating from Chinese territories. MENA Cargo is targeting underserved markets in Africa, the Middle East and Asia, so this latest development is an ideal strategic fit.
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Causeway Aero Group is a supply chain partner with Rolls-Royce in developing composite components within the LUCIA (Large UltraFan Composites Integrated Aerostructures) project for the UltraFan® advanced engine demonstrator. LUCIA is co-funded by the UK Government through the ATI programme.
UltraFan is designed to deliver up to 100,000 lb thrust, making it a scalable engine technology capable of powering both narrow-body and wide-body aircraft and makes extensive use of advanced materials. It will set new standards in terms of gas turbine efficiency – 25% more fuel efficient than the first generation of Trent - and sustainability, with the capability to run on 100% Sustainable Aviation Fuel.
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Pete Hinds, VP Engineering & Business Development at Causeway, explained that as well as the usual accessories mounted externally on the composite fan case, the demonstrator will also be heavily instrumented for ground testing at the new Testbed 80 at Rolls-Royce in Derby, UK, the largest indoor engine test facility. The first run of UltraFan in Derby is scheduled for 2022.
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The test sensors and electronic control units will be mounted on platforms around the circumference of the fancase and connected by a complex arrangement of power cables. Conventional metal attachments and cable fasteners could not be used to secure the equipment as they would have a different rate of thermal expansion from the fan case when UltraFan is running, so the engine manufacturer has collaborated with Causeway to find a solution using composites. He said the result is an excellent demonstration of the company’s agility, as a Tier 1 integrator, to rapidly design, develop and manufacture innovative products as well as using its established local Northern Ireland supply chain to reduce costs and turnaround times.
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Akwa Ibom state government owned airline in Nigeria, Ibom Air has signed a firm order for ten A220s at the Dubai Airshow. Nigeria, with the largest population in Africa and the largest GDP, offers substantial growth potential in both domestic and regional travel. The A220 is therefore the ideal choice for a full-range of services from very short-haul segments to intra-continental air routes.
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Ibom Air currently operates two A220s. The airline flies to Uyo, Abuja, Calabar, Enugu, Lagos, and Port Harcourt. The purchase of the new A220s will enable the airline to continue on its growth path, offering new routes across not just Nigeria, but to the west African region and to Africa at large.
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New Indian carrier Akasa Air, a brand of SNV Aviation, has ordered 72 Boeing 737 MAX airplanes to build its fleet. Valued at nearly US$9 billion at list prices, the order is a key endorsement of the 737 family's capability to serve the rapidly growing Indian market.
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Akasa Air's order includes two variants of the 737 MAX family, the 737-8 and the high-capacity 737-8-200. Providing the lowest seat-mile costs for a single-aisle airplane as well as high dispatch reliability and an enhanced passenger experience, the 737 MAX will ensure Akasa Air has a competitive edge in its dynamic home market.
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Gulf Air, the national carrier of the Kingdom of Bahrain and Air France Industries KLM Engineering & Maintenance have signed an engine maintenance contract for CFM56-5B engines. This contract includes total engine support for the carriers Airbus A320ceo family fleet.
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This full engine support contract includes shop visits, fleet engineering, condition monitoring, spare support and other additional services. Gulf Air can rely on the long and extensive CFM56-5B experience of AFI KLM E&M and the ‘keep flying’ approach which is supported by a strong On Wing/On Site service. Gulf Air will also benefit from the best class services through the predictive maintenance tool, PROGNOS® for engines.
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