Daily2018-02-20
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Wednesday, August 22nd, 2018

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LATEST NEWS

FAA approves AerTrak™ for Boeing 757-200 series aircraft

The Federal Aviation Administration (FAA) has issued a Supplemental Type Certificate (STC) for installation of AerSale®’s AerTrak™ system on Boeing 757-200 series aircraft (ST04011NY), to comply with the Automatic Dependent Surveillance-Broadcast (ADS-B) Operations rule, a critical part of the agency’s Next Generation Air Transportation System (NextGen).
Beginning January 1, 2020, the FAA has mandated that aircraft operating in airspace defined by 14 CFR § 91.225 must be equipped with an ADS-B Out system that meets the minimum performance requirements of 14 CFR § 91.227. The FAA approved AerTrak for Boeing 737 NG series aircraft (ST04009NY) earlier this year.
ADS-B provides enhanced navigational accuracy using precise tracking via global positioning satellite (GPS) signals. Reducing risk and improving safety, the technology increases navigational coverage, especially in remote areas beyond radar range. Additionally, ADS-B enables more direct flight plans, thereby saving time, costs, and reducing emissions.

ELFC_2018-05-02_2

Dallas Fort Worth International Airport offers two new international flights to Dublin and Munich

Customers at Dallas Fort Worth (DFW) International Airport will fly nonstop to Dublin, Ireland and Munich, Germany, starting June 6, 2019, thanks to new service from American Airlines.
With these flights, DFW Airport will provide its first ever nonstop service to Ireland and its third daily nonstop flight to Germany.
The launch of Dublin and Munich service in June 2019 will give DFW a total of 59 international destinations and 235 unique destinations. The new destinations will be DFW's eighth and ninth European cities served.
Since 2010, DFW Airport has added a total of 21 new international destinations.

LATAM Airlines Group reports consolidated operating income of US$6.5 million for second quarter 2018

LATAM Airlines Group S.A., has reported its consolidated financial results for the quarter ending June 30, 2018. LATAM makes reference to the consolidated entity, which includes passenger and cargo airlines in Latin America.
In the second quarter of 2018, LATAM Airlines Group reported a US$6.5 million operating income and a 0.3% operating margin, 1.8 percentage points lower than the same period of 2017. During the quarter, the Company faced a cabin crew strike in Chile and was also impacted by a general trucking strike in Brazil, resulting in a total operational margin impact of US$38 million. Furthermore, due to an industrywide issue affecting Rolls Royce engines, LATAM had a lower availability of its Boeing 787 fleet, part of which is still on ground awaiting engine maintenance by Rolls Royce. Nevertheless, for the first half of 2018, operating income rose 17.2% to US$235.0 million, accounting for an operating margin of 4.6%, 0.4 percentage points higher than the same period of 2017.
LATAM’s bottom line totaled a US$114 million loss in the quarter ended June 2018, a 17.7% reduction compared to the second quarter 2017, despite the negative impact of a US$79 million foreign exchange loss during the quarter mainly due to the depreciation of the Brazilian real. For the first half of 2018, the net loss amounted to US$19.7 million, 73% lower than the first half of 2017.
Total revenues rose 3.7% year-over-year in the second quarter 2018 to US$2,357 million. This increase was mainly explained by a 3.6% increase in passenger revenues, resulting from a 4.6% increase in available seat kilometers (ASK), together with a 1.0% decline in revenue per available seat kilometer (RASK), pressured by the international long haul routes from Brazil, especially to the US, while RASK in Spanish Speaking Countries international routes remains healthy. Cargo revenues continued to recover during the quarter, growing 16.8% year-over-year in the quarter, driven by a recovery of both imports and exports in the region.

EPLANE2018-08-13

Ryanair and Air Malta join forces in on-line sales partnership

Ryanair and Air Malta have jointly announced that the Irish carrier will cooperate on sales and marketing initiatives by selling Air Malta flights from its website ryanair.com as from August 21.
This win-win milestone agreement for both parties will offer Ryanair’s 139 million customers an even greater choice of destinations whilst also boosting Air Malta’s ticket sales through this new distribution channel in overseas markets where Ryanair traditionally is stronger.
This partnership is the latest initiative delivered under Ryanair’s “Always Getting Better” customer experience program and falls in line with Air Malta’s successful growth strategy and vision to be the airline of the Mediterranean.

Jet Aviation gains EASA STC approval for ADS-B Out compliance on B747 in Basel

Jet Aviation has received EASA Supplemental Type Certification (STC) for ADS-B Out compliance for the B747 series aircraft, some 2 years ahead of EASA and FAA 2020 mandates.
With this approval, Jet Aviation’s MRO and Completions facility in Basel is authorized to configure and install ADS-B Out systems on B747 aircraft subject to specific equipment configurations.
ADS-B Out compliance delivers digital information such as the aircraft’s exact position, sensors and system accuracy and traffic and resolution advice to airborne and landed Automatic Dependent Surveillance-B (ADS-B) receivers. This enhances situational awareness for Air Traffic Control of aircraft with ADS-B Out capabilities and is mandated by the FAA effective January 2020, followed by EASA in June 2020.

TMS_2018-06-14

Aircastle appoints Jim Connelly as Chief Accounting Officer

Aircastle has announced the promotion and appointment of Jim Connelly as Chief Accounting Officer.
Connelly has been Aircastle's controller since January 2013. He joined Aircastle in May 2007 as Assistant Controller, Operational Accounting.
Prior to joining Aircastle, he was with Lehman Brothers as Controller beginning in January 2001. He received a B.S. in Accounting from Syracuse University.

Aergo acquires two Airbus A321-200 aircraft

Aergo Capital (Aergo) are pleased to announce the acquisition of two Airbus A321-200 aircraft (MSN’s 4099 & 4148) from AviaAM Leasing (Lithuania). The aircraft are subject to long term operating leases with Air Transat (Canada). The acquisition brings Aergo Capital’s owned and managed fleet to 46 aircraft.
Aergo Capital’s CEO Fred Browne said, “This acquisition is the latest step in implementing Aergo’s strategy of acquiring younger aircraft on existing long term leases and supports the growth and diversification of our portfolio. We are delighted to have worked with AviaAM Leasing on this transaction and look forward to developing our partnership with Air Transat.”

C&L2018-08-06

Finnair to fly new A350 route to Los Angeles in 2019

Continuing with its growth strategy, Finnair will begin flying to Los Angeles, California, as of next spring. Finnair will fly three weekly frequencies to LAX airport as of March 31, 2019. In addition, the new route to Los Angeles will be Finnair’s first US route to be regularly operated with the new Airbus A350 aircraft.
Finnair is also making some additions to its summer program for the San Francisco and Chicago route. Both routes will begin in April and a fourth frequency will be added for San Francisco as of May. With these changes, Finnair will now offer a daily flight to California during the summer season with the new three-weekly flight to Los Angeles and the new fourth weekly service to San Francisco.

Global survey reveals anticipated significant growth in aviation jobs

IATA has revealed the results of a global survey of over 100 leading industry HR professionals at airlines, airports and ground service providers, carried out by Circle Research to learn more about how HR decision-makers were managing the retention, training and recruiting of skilled professionals to fill the anticipated job gaps.
In brief, the results of the report showed that:
More than 73% of respondents expect the major areas of job growth to be in ground operations, customer service and cabin crew.
48% reported that finding new talent is a challenge, through lack of availability of candidates with the right skill levels and qualifications, plus salary demands of new applicants.
In addition to the salary and benefits package of each employee, the HR professionals identified career progression opportunities (49%) and development and training (33%) as high priorities in job satisfaction and retention.
Only 28% of respondents reported that current training is effective, with many organizations seeking to complement their in-house training with external partners to improve the effectiveness of the training.
Safety and customer service skills are priorities for hiring managers across the industry. While technology is indeed changing the customer service role, it is not replacing it.
Approximately 75% of respondents expected an increase in customer service, ground operations and cabin crew jobs over the next two years.
That is higher than the 65% of respondents that expect growth in security jobs and 63% that expect growth in regulatory positions.
“It is an exciting time to be in this business,” said Guy Brazeau, IATA’s Director of Training and Consulting. “We were really looking forward to receiving the results of this industry survey and we hope it can be helpful to guide HR professionals in their decisions regarding staffing planning, training opportunities and areas to focus on as our industry grows to unprecedented levels.”

AerFin-2016

Gulf Air becomes first national carrier to fly A320neo in the region

Gulf Air, the flag carrier of the Kingdom of Bahrain, took delivery of its first A320neo on August 20. The aircraft, powered by CFM LEAP-1A engines, made its maiden journey from Toulouse to Bahrain, landing at the Bahrain International Airport at 16:00 local time.
The aircraft is the first of the 29 A320neo Family aircraft ordered during the 2016 Bahrain International Airshow. This delivery also makes Gulf Air the first Middle Eastern national carrier to fly the A320neo.
Gulf Air currently operates 28 Airbus aircraft. The new addition complements the airline’s existing fleet and thanks to Airbus’ overall fleet commonality, the airline will benefit from low operating costs, optimum fuel efficiency and seamless, best-in-class passenger comfort.

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