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Wednesday, October 10th, 2018
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LATEST NEWS
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Boeing has completed the acquisition of KLX Aerospace Solutions (KLX), a leading aerospace parts distributor, thus strengthening its position within the 10-year aerospace market which is projected to have a value of US$2.8 trillion.
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KLX, a major global provider of aviation parts and services in the aerospace industry, has a strong distribution and supply chain, currently marketing and distributing products for approximately 2,400 manufacturers, offering approximately one million catalog items. The acquisition complements the portfolio of products and services offered by Aviall, a Boeing company.
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According to Stan Deal, president and CEO of Boeing Global Services: "This acquisition brings together the talent and product offerings of Boeing and KLX to provide a one-stop shop that will allow us to create significant value for our customers. There are also extensive opportunities for services growth and innovation for Boeing and our supply chain that is unique to the industry. The resulting boost in supply chain capability will allow us to better serve our customers while profitably and purposefully growing our business."
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KLX Aerospace Solutions will continue to operate out of its Miami base, employing around 2,000 members of staff, with customer services centers located in 15 countries.
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AJW Group has appointed Youssef Bahsoun as Technical Services Manager. Youssef will be based at AJW Technique, the company’s state-of-the-art MRO facility in Montreal, and starts his new role on October 9.
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He will lead the key technical relationship with Bombardier Business Aircraft as part of AJW’s long-term repair management contract with them, and will also manage component reliability for all of AJW’s power-by-the-hour (PBH) customers in the Americas region.
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Bahsoun has extensive experience in the aerospace sector, especially components maintenance. During his career at Air Canada Technical Services (ACTS), he held the position of Sr. Manager Engineering Components Maintenance and chaired an AMC Industry Working Group on the “aspects of NFF and its impact on components reliability”.
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Prior to Joining AJW Group, Youssef held senior positions at Air Canada, GAMCO / Gulf Air, ACTS / AVEOS and Emirates including the position of Chief of Office of Airworthiness for the airline’s EASA Part 21 Design Organisation.
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TurbineAero announced the groundbreaking ceremony for a new building in the Free Zone of the AMATA CITY Industrial Estate, Chonburi, Thailand, outside of Bangkok. The 80,000 ft² new facility will house up to 250 employees and will handle high technological testing, maintenance, repair and overhaul activities for aircraft components and systems for its worldwide customers, including APU MRO, LRUs and APU part repair.
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“We are delighted to start the construction of TurbineAero’s new APU MRO facilities in Asia. This new building highlights the growth TurbineAero has witnessed over the last two years and confirms the development of the aerospace industry in Thailand which we are happy to be part of. This new facility will include three brand new full digital auxiliary power unit test cells as well as the most modern Non-Destructive Testing, inspection, repair and overhaul equipment. The new state of the art equipment, and work floor lay-out will enable us to further improve on turn-times, efficiency and performance,” said Peter Gille, Vice President and General Manager of TurbineAero Repair-Asia. “The construction of a facility of this kind is complex and expensive and it proves the trust that our Board of Directors has in the Kingdom of Thailand and in the countries’ efforts on strengthening its position as innovation and service-based economy in South-East Asia.”
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Along with the new building, Robert Wilson was announced as the new Chief Executive Officer (CEO) for TurbineAero. Prior to becoming CEO of TurbineAero, Wilson founded Aerospace Advisory Group in 2014 and served leading aerospace companies in consulting and board roles. He served 27 years in leadership roles at Honeywell, and predecessor companies, supporting commercial airlines, military and business aviation customers. The last 9 years of his 27-year Honeywell career he served as the President of the Business & General Aviation business.
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Headquartered in Chandler, Arizona USA, TurbineAero is one of the world’s leading independent aerospace component maintenance, repair and overhaul (MRO) service provider focused on auxiliary power units (APUs) and related products.
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WestJet announced September 2018 traffic results with a load factor of 79.2%, a decrease of 1.2 points year over year. Traffic increased 9.7% year over year, while capacity grew 11.3% over the same period. WestJet welcomed an additional 137,000 guests in September, a year-over-year increase of 7.1%. Year-to-date traffic growth continues to outpace capacity additions.
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Environmental Tectonics Corporation has released its financial results for the thirteen week period ended August 24, 2018 (2019 second quarter).
Net income attributable to ETC was US$0.4 million in both the 2019 second quarter and the 2018 second quarter. Although most items contributing to net income attributable to ETC remained flat quarter over quarter, there was a US$0.1 million increase in operating expenses that was offset by a US$0.1 million decrease in other expense, net.
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Net sales in the 2019 second quarter were US$10.3 million, an increase of US$0.2 million, or 1.6%, compared to 2018 second quarter net sales of US$10.1 million. The increase reflects higher International sales, especially within the company's Aerospace segment, offset, in part, by a decrease in Domestic sales, especially within its CIS segment.
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Gross profit for both the 2019 second quarter and the 2018 second quarter was US$3.7 million. Gross profit margin as a percentage of net sales also remained relatively flat quarter over quarter at 36.4% for the 2019 second quarter compared to 36.5% for the 2018 second quarter.
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Lufthansa Technik has performed the first major connectivity modifications on Boeing 737 MAX 8 aircraft of an undisclosed customer. The aircraft were modified at Lufthansa Technik Budapest.
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The airline customer is currently enlarging its all-Boeing 737 fleet with the newest member of this aircraft family and was looking for a partner to equip the fleet with a state-of-the-art connectivity solution. Lufthansa Technik Budapest was the location of choice to accomplish the layovers within a short and reliable time frame. Over the recent years, the narrowbody base maintenance and modification experts in Budapest have performed this modification many times on Boeing 737 NG aircraft.
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During the five-day layovers, several specialized teams were in place to accomplish the modification work. A structures team reinforces the affected skin area to facilitate the installation of the Satellite Antenna Assembly (SAA) and GSM antenna as well as the covering radome. The avionics team installs the cabling, hardware and software of the related connectivity system in the aircraft cabin. Other mechanics provide the necessary access to the cockpit and passenger compartment interior and reinstall all equipment once all work has been finished.
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Maintenance capability extensions for the 737 MAX at further locations in the Lufthansa Technik network are planned. Lufthansa Technik already offers an extensive range of globally available products and services for the various Boeing 737 types. The spare parts warehouses for the Boeing 737 of the Classic and popular Next Generation versions have been expanded for the 737 MAX to support operators of this aircraft type with component services. And as one of the first MRO providers to support customers as early as in the initial phase of their LEAP engine operations, preparations for the introduction of the LEAP-1B engine are underway with the first shop visit expected in 2019.
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Skyworld Aviation is undergoing a re-organisation following Peter Greensmith’s recent decision to step back from “day to day” operations of the company and play more of a project management role.
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Juliet Hewitt is stepping up to the role of Marketing Director and will become significantly more involved in the day to day running of the company. Hewitt joined Skyworld Aviation in 2000 and has been responsible for establishing the company brand. She oversees all marketing activities and plays a key role in initiating and progressing sales leads, as well as providing full project support.
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In further news, Patrick Leopold has also established his role as Skyworld’s Business Development Manager.
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In September, Finnair carried 1,159,400 passengers, 7.8% more than in the corresponding period of 2017. The number of passengers grew in Asian traffic 5.5%, in European traffic 10.0% and in domestic 3.1%, while it decreased in North American traffic by 1.0%.
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Finnair's overall capacity increased in September by 13.2% year-on-year. Traffic grew by 7.2%, while the load factor decreased year-on-year by 4.6% points to 80.8%.
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Driven by natural departures and significant growth in Air France, Joon and Transavia capacity, Air France now needs to recruit 250 pilots per year. The company has therefore decided to reopen its cadet pilot programme 8 years after it was suspended.
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The first trainee pilots started at ENAC (French Civil Aviation School) this summer with a 8-month theoretical training course at the Toulouse campus. The cadets will then continue for one year of practical flight training at the Montpellier, Carcassonne, Grenoble and St-Yan campuses before joining the Air France group as pilots on Airbus A320 or Boeing 737.
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ENAC is a leading pilot training school in Europe, recognized worldwide for its high standards of admissions and the excellence of its training. For 70 years, ENAC has been training pilots for airlines around the world, including 4 of the 10 largest airlines in the world, including Air France.
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The Board of Directors of Airbus has selected Guillaume Faury as future Airbus Chief Executive Officer (CEO). Faury who currently serves as President Airbus Commercial Aircraft, will succeed Tom Enders who remains CEO until the Annual General Meeting (AGM) on 10 April 2019, when the appointment of Faury as executive member of the Board will be submitted to shareholders.
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Tom Enders, CEO of Airbus, said: “Guillaume is an excellent choice. He has gained broad industrial and aeronautic experience over many years and in many roles both inside and outside Airbus. With his strong values and international mindset, Guillaume stands for the new generation of leaders that Airbus needs for the coming decade. He knows he can rely on me to facilitate a smooth transition.”
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Guillaume Faury served in various senior management roles at Eurocopter from 1998 to 2008. Starting in Engineering, then Flight Test, he later became Executive Vice President for Commercial Programmes, then Executive Vice President for Research and Development.
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In 2009, Faury joined Peugeot S.A., where he served as Executive Vice President for Research and Development as a Member of the Managing Board. In May 2013, Faury returned to Airbus as CEO of Airbus Helicopters and in early 2018 he took the helm of Airbus Commercial Aircraft.
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