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LATEST NEWS
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Tuesday, February 15th, 2022
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CDB Aviation has committed to an additional twelve conversions with Elbe Flugzeugwerke GmbH (EFW), expanding its A330 P2F fleet to fourteen aircraft. Moreover, the lessor is on pace to launch the A330-300 P2F freighter type in China in 2022, with lease commitments from Sichuan Airlines and Jiangxi Cargo Airlines.
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“We have strategically positioned our platform to be the A330 P2F programme frontrunner among lessors,” commented Patrick Hannigan, CDB Aviation’s Chief Executive Officer, adding that the A330 P2F marked the lessor’s first entry into the air cargo space. “We’re very satisfied with this programme’s progress and momentum to date and look forward to further expanding our freighter fleet in collaboration with our partners at Airbus, ST Engineering, and EFW.”
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CDB Aviation’s first two A330 P2Fs are currently being converted in EFW’s facility in Dresden, Germany, and will be re-delivered to its launch operator, Mexico-based MasAir, in early 2022.
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CDB Aviation will expand its global conversion footprint by becoming the first customer for A330 P2F conversions to take place in the facilities of ST Engineering in Shanghai, China and VT MAE in Mobile, Alabama, USA. These conversion locations have been added to the existing A330 P2F conversion facilities of EFW in Dresden, Germany and ST Engineering in Singapore. By the middle of 2022, the lessor plans to have aircraft converted simultaneously at three locations – in Dresden, Shanghai, and Mobile.
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Leading Emirati Oil & Gas and business aviation services operator Falcon Aviation Services, has gone live with Rusada’s ENVISION software.
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Falcon Aviation Services provides bespoke charter services to the Oil & Gas industry, as well as VIP and Helicopter sightseeing tours using a diverse ultra-modern fleet consisting of 29 helicopters including Bell, AgustaWestland and Airbus and six fixed-wing aircraft including De Havilland, Gulfstream and Embraer. It also offers a wide range of operational and aviation support services including, MRO, CAMO, FBO, aircraft management and heliport management, amongst others.
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After a successful implementation project conducted by Rusada’s Middle East division, Falcon Aviation Services is now live on the system. It will use ENVISION to manage its airworthiness, maintenance planning, maintenance execution, and inventory through its Fleet Management, Base Maintenance and Inventory Management modules.
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Raytheon Technologies has announced the appointment of Christopher T. Calio as Chief Operating Officer and named Shane G. Eddy to succeed Calio as President of its Pratt & Whitney business unit, effective March 1, 2022.
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As Chief Operating Officer, Calio will oversee the company’s four business units as well as its technology and engineering, enterprise services and digital and operations, quality, environmental, health and safety and supply chain functions. Calio will continue to report directly to Chairman and CEO Greg Hayes.
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Eddy, currently SVP and Chief Operations Officer at Pratt & Whitney, replaces Calio as President of Pratt & Whitney. He joined Pratt & Whitney in 2016, with prior experience at GE Aviation, Sikorsky Aircraft Corporation and Bell Textron.
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Safran Nacelles announced during the Singapore Airshow the opening of a new site in Suzhou, China, dedicated to the maintenance, repair and overhaul (MRO) of nacelles. It is currently being set up and will be operational in the second quarter of 2022.
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Safran Nacelles-owned 5,200 m² (56,000 ft²) repair station is located on a Safran complex, which enables the company to benefit from shared corporate services. It is located in the heart of the Suzhou Free Zone, one hour west from Shanghai. This strategic location simplifies the material import and export processes for customers in the Asia region. This new site also complements the company's MRO network, which already covers Europe, the Middle East, the Indian peninsula and the Americas. It will also be used as a storage base for large nacelle components (air inlets, thrust reversers, exhaust, etc.) for the entire Asia region.
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The site is equipped with a dedicated MRO workshop and highly qualified personnel to repair nacelles and Line Replaceable Units (LRU). The on-site engineers are particularly expert in the repair of composite and metal aerostructures. They can also work on-wing, on aircraft operators' sites and offer Original Equipment Manufacturer (OEM) guaranteed repair solutions.
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Upon opening, the repair station will be certified by the Chinese (CAAC) and European (EASA) Air Authorities for the repair of nacelles and thrust reversers for the Airbus A330ceo, A320neo aircraft equipped with CFM International LEAP-1 engines and soon for the COMAC C919. The site teams are already supporting COMAC’s final assembly line to prepare the entry-into-service of its medium-haul airliner.
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BOC Aviation has announced orders for eight shipsets of CFM International LEAP-1A engines to power new Airbus A320neo-family aircraft on order from Airbus and scheduled for delivery in 2023.
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CFM International is a 50/50 joint company between GE and Safran Aircraft Engines and produces engines for both the Airbus A320 family and Boeing 737 series.
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“CFM engines have powered our fleet since 1998, and we are pleased to build on this long-standing relationship. This contract signifies our continued confidence in the CFM Leap engine and reflects our customers’ satisfaction in CFM Leap-powered A320neo aircraft as an efficient and reliable airframe and engine combination,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.
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“With this order, CFM engines will power 486 aircraft in our portfolio and we look forward to continue providing our airline customers with fuel-efficient and technologically-advanced aircraft solutions,” said David Walton, Deputy Managing Director and Chief Operating Officer, BOC Aviation.
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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has released that former GECAS executive Ryan Barrett has joined its commercial team as Head of Commercial, Asia Pacific.
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The continued build-out of the lessor’s commercial leadership is part of ongoing efforts to strengthen CDB Aviation’s strategic presence in key markets around the world. The appointment comes on the heels of the recent addition of Michelle Wu as Head of Commercial, Greater China.
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Barrett’s two-decade-long aviation career is rooted in his extensive knowledge of airline business models and aircraft technical and finance aspects. Barrett is joining CDB Aviation from GECAS, where he held senior leadership roles in sales and marketing. Most recently, he was Senior Vice President Commercial, with responsibility for the full lease transaction lifecycle and leading the lessor’s business development activities across the Middle East, Turkey and Africa.
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Barrett began his career at GE Aviation in the US, where he served in both technical and sales capacities, ending as Regional Sales Director in Dubai, overseeing customer strategies and commercial campaigns for new engine and MRO services sales in the Middle East.
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According to Airbus' newest Global Market Forecast, the next 20-year passenger traffic growth of 5.3% per annum and accelerated retirement of older less fuel-efficient aircraft will see the Asia-Pacific region require 17,620 new passenger and freighter aircraft. Nearly 30% of these will replace older less fuel-efficient models.
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In a region which is home to 55% of the world’s population, China, India and emerging economies such as Vietnam and Indonesia will be the principal drivers of growth in Asia-Pacific. GDP will grow at 3.6% per year compared to the world average 2.5% and double in value by 2040. The middle class, which is the likeliest to travel, will increase by 1.1 billion to 3.2 billion and the propensity for people to travel is set to almost triple by 2040.
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Of the demand for 17,620 aircraft, 13,660 are in the small category like the A220 and A320 family. In the medium- and long-range categories, Asia-Pacific will continue to drive demand with some 42% of global requirement. This translates to 2,470 medium- and 1,490 large-category aircraft.
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Cargo traffic in Asia-Pacific will also increase at 3.6% per annum, well above the global 3.1% average and will lead to a doubling in air freight in the region by 2040. Globally, express freight boosted by e-commerce will grow at an even faster pace of 4.7% per year. Overall, reflecting that strong growth over the next 20 years, there will be a need for some 2,440 freighters, of which 880 will be new build.
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Globally, in the next 20 years, there will be a need for some 39,000 new-build passenger and freighter aircraft, of which 15,250 will be for replacement. As a result, by 2040 the vast majority of commercial aircraft in operation will be the latest generation, up from some 13% today, considerably improving the CO2 efficiency of the world’s commercial aircraft fleets.
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With escalating tension between Russia and Ukraine, two Ukrainian carriers have revealed that they have encountered problems in securing flight insurance for several internal flights. Many foreign carriers have already begun to avoid Ukrainian airspace.
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Ukraine International Airlines (UIA) has confirmed that it has been notified by its insurers concerning internal flights. "UIA is making efforts and is constantly negotiating with insurance companies, the ministry of infrastructure of Ukraine, the state aviation administration and hopes for mutual understanding," the Ukrainian airline said in a statement. The Ukrainian government has allocated approximately £440 million to ensure flight safety for insurance and leasing companies to guarantee continuation of flights through its airspace.
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On Saturday, low-cost carrier SkyUp was forced to divert one of its flights from Portugal but has since reached an agreement with the Ukrainian government. "Negotiations with insurers have been difficult and our foreign partners continue to regularly assess their own risks and monitor the situation," the airline said in a statement.
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Many long-haul carriers are now avoiding Ukrainian airspace, with KLM also cancelling all flights to Ukraine and Lufthansa considering suspending all flights. UIA currently has a fleet of 25 aircraft, of which five Boeing 737-800s have been flown to Spain as a result of requests by leasing companies, and two are currently in Serbia undergoing scheduled maintenance. The future plans for the rest of its fleet remain fluid.
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ST Engineering's Commercial Aerospace business has secured component Maintenance-By-the-Hour (MBH™) contracts to support the carriers under China Airlines Group.
Under the new multi-year contracts, which have duration between seven and 12 years, ST Engineering will provide integrated component support to the Airbus A321neo and A330 aircraft belonging to national carrier, China Airlines, and the Airbus A320neo belonging to low cost carrier, Tigerair Taiwan. The new contracts add to an ongoing Boeing 737-800 component MBH™ programme that ST Engineering has with China Airlines since 2010, while Tigerair Taiwan is a new customer.
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Furthermore, the company has secured the extension of component Maintenance-By-the-Hour (MBH™) contracts from Jeju Air to support the airline’s Boeing 737NG and Boeing 737 Max aircraft. Under the extension contracts, which will take effect on January 1, 2025, ST Engineering will continue to provide integrated component support to Jeju Air’s Boeing fleet till 2030 after the existing contracts expire.
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Topcast Group, a global supplier of parts, services, and solutions for the aviation industry, has agreed on a new long-term contract with Cathay Pacific and HAECO ITM at the Singapore Airshow 2022.
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Starting with a fresh year, Topcast Group took a big step in growth of earning two major multi-year agreements for providing aircraft jack repairing services with the new partner, Cathay Pacific and ACME batteries repair services for HAECO ITM. As the official MRO service provider of Tronair and Acme Aerospace, Topcast’s high-quality service is guaranteed.
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In addition, despite the global challenges in 2021, Topcast has had a strong year of partnering with Eva Air for ACME batteries repairing agreement and commercial proposals of rebate programmes with Evergreen Aviation Technologies and China Airlines.
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SIA Engineering (Philippines) Corporation (SIAEP) has signed an agreement with North American Aerospace Industries (NAAI), an aircraft part-out specialist, to provide sustainable, end-to-end aircraft recycling solutions.
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Under the agreement, SIAEP and NAAI will collaborate to provide a range of services including aircraft parking and storage, component harvesting and dismantling activities on aircraft that will be parted-out and recycled by NAAI. The programme will enhance SIAEC’s support in the aircraft lifecycle eco-system, centred on a sustainable platform which includes the recycling, upcycling and used serviceability of materials. The services will be undertaken by SIAEP at its facility in Clark, Philippines.
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