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Friday, October 5th, 2018
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LATEST NEWS
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Safran Helicopter Engines, a subsidiary of the Safran Group, has been chosen to supply new-generation Ardiden 3 engine turbines to drive the Zunum ZA10’s electric generator. Zunum Aero (Zunum) is a pioneering force in electric aviation. The new hybrid-to-electric Zunum ZA10 should be operational early in the 2020s and is a 12-seat 700-mile commercial aircraft which will offer exceptionally low operating costs while providing door-to-door travel times that will be two-to-four-times faster than today.
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Zunum anticipates frequent and affordable air services from over 30,000 airports across the globe. Th current model currently under development is the ZA10 which will have a dual power source of propulsion batteries, and a Safran turboshaft from the 1,700 to 2,000 shaft horsepower (shp) Ardiden range. The Ardiden 3Z will be coupled with an electric generator, and the integrated turbo-generator will deliver 500kW of electric power to supplement the battery packs on key stages of flight and over long distances.
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According to a Safran press release: The new aircraft will deliver breakthrough operating costs of 8 cents per available seat mile or $250 per hour for the aircraft, which is 60-80 percent lower than comparable conventional aircraft of comparable size. The ZA10 aircraft is designed to cruise and land on turbo-generator power alone, offering full redundancy.
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Matt Knapp, co-founder and CTO of Zunum Aero: "Today marks a significant milestone on the path to delivery of the ZA10. Zunum ZA10 aircraft will bring breakthrough performance to regional aviation, paving the way to fast, electrified, affordable high-speed air services to communities everywhere."
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Florent Chauvancy, Safran Helicopter Engines EVP OEM Sales commented” "The Ardiden 3Z represents a very powerful complement to the ZA10 because of its exceptional performance, along with low operating and maintenance costs. This announcement marks a new step forward in demonstrating Safran ability to offer hybrid propulsive solutions for tomorrow's mobility solutions."
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Smiths Group has entered into an agreement to acquire United Flexible, a provider of flexible and rigid engineered solutions for the transfer of fluids and gases in performance-critical environments, from Arlington Capital Partners for an enterprise value of US$345 million.
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United Flexible will be integrated into the Group’s Flex-Tek division. The acquisition strengthens Flex-Tek’s positions in aerospace and industrial end markets globally. United Flexible already supports important aerospace platforms, including the A320neo and PW1000G and F135 engines. It has 4 operations in the US and 3 in Europe, which will enhance Flex-Tek’s geographic footprint.
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In the 12 months to 31 December 2018, United Flexible is expected to generate sales of US$157 million and adjusted EBITDA of US$32 million.
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The acquisition consideration will be payable from existing cash and bank facilities. Completion of the acquisition is expected to take place in the second half of FY2019 and is conditional upon regulatory clearances in the US, as well as other customary closing conditions.
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Bombardier has released that it is increasing its customer service capabilities in the U.S. with a new service center at the Miami-Opa Locka Executive Airport (OPF) in Miami-Dade County, Florida.
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The new service center will more than double the company’s current customer service footprint in Florida with new capabilities, including a paint facility for the center’s vast customer base spanning the U.S. and Latin America.
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Planned for inauguration in 2020, the new service center in Miami will be fully equipped to perform scheduled and unscheduled maintenance, aircraft modifications, avionics installations, and aircraft on ground support (AOG) for Bombardier Learjet, Challenger and Global aircraft. Once the facility is fully ramped up, the new service center will nearly double Bombardier’s employment in Florida to close to 300 employees.
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Located in Miami-Dade County, the Miami-Opa Locka Executive Airport (OPF) is the largest of the County’s general aviation airports. Bombardier’s approximately US$100-million investment for its new service center will bring significant benefits to Miami-Dade County, including the development of a comprehensive aerospace cluster and the establishment of talent development partnerships with local colleges.
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AerCap Holdings has reported its major business transactions during the third quarter 2018:
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The company has signed lease agreements for 62 aircraft, including 9 widebody aircraft and 53 narrowbody aircraft and purchased 12 aircraft, including 6 Airbus A320neo Family aircraft, 2 Airbus A350s, 2 Boeing 737 MAX 8s and 2 Boeing 787-9s.
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AerCap executed sale transactions for 13 aircraft, including 4 Airbus A320 Family aircraft, 2 Airbus A330s, 1 Airbus A340, 1 Boeing 737NG, 1 Boeing 757, 2 Boeing 767-300ERs, 1 Boeing 777-200ER and 1 Boeing 777-300.
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Furthermore the company has signed financing transactions for US$750 million.
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Sabre Corporation has launched its industry-first Digital Airline Commercial Platform (DACP) with Aeroflot, Ethiopian Airlines and Etihad Airways on board as launch partners.
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Announced earlier this year, the Commercial Platform delivers end-to-end personalized retailing and helps empower airlines to successfully retail, distribute and fulfil across all customer touchpoints.
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As part of Sabre’s mission to reimagine the business of travel, Sabre’s Commercial Platform is the industry’s only platform to enable complete digital transformation through intelligent retailing that includes dynamic pricing capabilities, a flexible and open API hub, an ultra-fast shopping engine and a mobile-first, consumer-grade workspace for airport agents.
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Together, these solutions help empower airlines to deliver a unique brand experience and maximize revenue streams.
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The benefits of the Sabre Digital Airline Commercial Platform are already coming to life for some key airline partners. As airlines at the forefront of innovation, Russian carrier Aeroflot and leading African carrier Ethiopian Airlines are the launch partners for Sabre’s Digital Workspace, which will enable airport agents to deliver a seamless and personalized airport experience to customers via mobile devices. This solution is a complete redesign of Sabre’s Interact Interface, equipping agents with workflows that eliminate the linear check-in approach and improving agent productivity by up to 30 percent compared to current processes.
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Rolls-Royce has welcomed Delta TechOps into its expanded service network as it begins work on its first Trent engine.
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Delta TechOps began operations as a Trent Authorised Maintenance Centre, with the induction of a Trent 1000 engine module. The 127,000 ft² state-of-the-art facility will also carry out services on the Trent 7000 and Trent XWB.
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Rolls-Royce has been responding with a range of activities to support customers experiencing disruption as a result of the requirement for increased inspections on Trent 1000 engines. These activities, which include an increase in maintenance capacity for affected engines, the introduction of a new inspection technique and the acceleration of a permanent fix for the issue, are all aimed at reducing the operational impact on customers.
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The addition of Delta TechOps supports the growth of maintenance capacity and also supports Rolls-Royce’s wider services strategy to develop an increasingly capable, competitive and flexible CareNetwork.
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The new facility, in Atlanta, Georgia, has been created by converting several large hangar bays. The workshop consists of areas for engine assembly and disassembly; kitting parts; engines work in progress; shop materials and supplies, life limited parts and repair and support. A new test cell will open later this year capable of testing engines to 150,000lb thrust.
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Delta TechOps already carries out service support for Rolls-Royce BR715 regional jet engines.
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LORD Corporation, a global diversified technology and manufacturing company, has officially unveiled its new, state-of-the-art manufacturing facility in Pont de l’lsère.
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The 83,000 ft² facility positions LORD for future growth while enabling the company to enhance its customer service. The new center replaces the company’s previous facility in Saint-Vallier, with all 200 employees relocating to the new building.
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The facility supports LORD’s Electromechanical Solutions business, and is 30% larger than the business’s previous facility with development and test labs, machining, mounting operation, a repair shop, sales and marketing, and general administration.
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Unique features include a showroom with demonstration equipment and an aircraft cockpit simulator, which puts you in the pilot seat to experience the LORD cockpit controls and test how well you maneuver the aircraft. Additionally, nearly half of the parking lot will be installed with electric vehicle charging stations.
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Norwegian has selected OpenAirlines' solution to save fuel and reduce carbon dioxide emissions for all its operations.
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Under the agreement, OpenAirlines will continuously analyze the data of 600 daily flights operated by 157 aircraft, by deploying its eco-flying solution SkyBreathe® Fuel Efficiency.
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SkyBreathe®Fuel Efficiency is an innovative cloud based software solution, which features an Artificial Intelligence engine with cutting-edge algorithms to automatically analyze large amounts of flight data and assess operational efficiency improvements at fleet, route, and individual flight stage level.
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SkyBreathe® integrates multiple sources of data in a single database and computes achieved and potential savings taking into account the exact flight conditions, such as weather, flight path, Air Traffic Control, payload. It generates insights, which are shared with all stakeholders through synthetic and easy-to-read dashboards.
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Pilots can visualize their actual flights in 3D and get feedback on each fuel saving best practice via a dedicated user-friendly mobile app.
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Dubai Aerospace Enterprise (DAE) has successfully closed its US$800 million revolving loan facility, which was launched in May of this year. The credit facility, initially launched for an amount of US$480 million, attracted the appetite from a broad group of banks and achieved substantial oversubscriptions.
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Al Ahli Bank of Kuwait (ABK) serves as the Coordinating Mandated Lead Arranger and Bookrunner, and together with UAE-based First Abu Dhabi Bank (FAB) act as Mandated Lead Arranger (MLA) and Bookrunner, while Noor Bank acts as Mandated Lead Arranger.
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FAB is also the Global Agent, Facility Agent and Investment Agent, whilst Noor Bank acts as the Islamic Structuring Agent. Eight additional banks have entered the facility using the accordion feature to bring the total of the facility size to US$800 million.
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WestJet has appointed Colleen Johnston to its Board of Directors effective immediately.
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Most recently, Johnston served as Special Advisor to the CEO at the TD Bank Group prior to retiring in 2018 after 14 years with the bank. Across her years of service, she was the Group Head of Direct Channels, Technology, Marketing and Corporate and Public Affairs.
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Johnston has spent more than ten years as Group Head, Finance, Sourcing, Corporate Communications and Chief Financial Officer and was actively involved in promoting diversity and inclusion as the Chair of the Women in Leadership Committee. Prior to joining the TD Bank Group, Johnston held senior leadership roles at Scotiabank.
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