|
|
|
|
Tuesday, January 15th, 2019
|
|
LATEST NEWS
|
|
|
|
|
According to the semi-official Fars news agency, an Iranian Boeing 707 military plane carrying meat has crashed at Fath Airport, Iran after attempting to make an emergency landing. 15 out of the 16 crew on board were killed, while the only survivor, the flight engineer, has been hospitalized. Fath Airport belongs to Iran’s elite Revolutionary Guards Corps and is located near Karaj in the central Iranian province of Alborz. The aircraft’s black box voice recorder (CVR) has been
recovered.
|
According to a statement issued by the Iranian army: “A Boeing cargo 707 place carrying meat from Bishkek in Kyrgyzstan had an emergency landing at Fath airport today... the flight engineer has been dispatched to the hospital. It exited the runway during the landing and caught fire after hitting the wall at the end of the runway.”
|
In light of initial conflicting reports as to who owned the aircraft - a spokesman for Iran's civil aviation told had told state TV that the plane belonged to Kyrgyzstan, while a spokeswoman for Kyrgyzstan's Manas airport said the plane belonged to Iran's Payam Air., the army statement also
confirmed that it was Iranian owned.
|
|
|
|
|
|
|
|
In 2018, Delta TechOps continued to invest in and grow its Maintenance Repair and Overhaul business, resulting in record-breaking financial growth, expanded capabilities, increased work with new partners and continued work with current partners. As the largest aviation maintenance group in North America, Delta TechOps highly skilled workforce of over 10,000 technicians, engineers and other support employees provide full-service maintenance to more than 850 Delta aircraft and their engines as well as maintenance services to more than 150 other operators, cargo operators and the Military & Government, through the airline's MRO business.
|
Looking forward to 2019, Delta TechOps will open the largest test cell, which will be capable of safely running a mounted, stationary engine at full power with 150,000 pounds of thrust. Through expanded capabilities and new facilities, Delta expects to grow the top line of the MRO business by US$1 billion a year in the next five years.
|
|
|
|
|
|
Alaska Air Group has released December operational results on a consolidated basis, for its mainline operations operated by subsidiaries Alaska Airlines and for its regional flying operated by subsidiary Horizon Air Industries and third-party regional carriers SkyWest Airlines and Peninsula Airlines.
|
On a combined basis for all operations, Air Group reported a 0.4% decrease in traffic on a 0.3% decrease in capacity compared to December 2017. Load factor decreased 0.1 points to 82.2%.
|
|
|
|
|
|
|
|
Air Canada has signed an agreement to amend and extend the Capacity Purchase Agreement (CPA) with Jazz Aviation, a wholly-owned subsidiary of Chorus Aviation, under which Jazz currently operates certain regional Air Canada Express flights.
|
The amendments should provide long term stability for Chorus, reaffirming Jazz as Air Canada's most significant Express carrier well into the future, as well as enabling growth on Chorus' leasing business through Air Canada's equity investment and the predictability of Jazz's cashflow from CPA operations until 2035.
|
The amendments will bolster the strength and competitiveness of the Air Canada Express brand and its coast-to-coast regional network, and provide significant CPA savings for Air Canada, while optimizing network and fleet flexibility when compared to the current agreement.
|
"We are very pleased to have arrived at this win-win agreement with Jazz and Chorus, which will give us long-term stability, more competitive cost certainty and the flexibility to modernize the regional fleet for the benefit of our customers. The Amendments will allow us to provide regional services more cost effectively so that we can compete more efficiently, deploying the aircraft best suited for a given regional market and also generate additional traffic to feed our international network," said Calin Rovinescu, President and Chief Executive of Air Canada. "As further demonstration of Air Canada's commitment to a successful, long-term partnership, upon the CPA Amendments becoming effective, we will make an equity investment of CA$97.26 million in Chorus. In addition to aligning our mutual interests, we believe it represents excellent value for Air Canada shareholders."
|
"We have jointly seized this unique opportunity to strengthen our long-term partnership for the next 17 years," stated Joe Randell, President and Chief Executive Officer, Chorus. "We look forward to welcoming Mike Rousseau
to our board of directors as his expertise will be truly valuable as we
continue to execute on the growth and diversification strategy for
Chorus."
|
|
|
|
|
|
Woodward has reported that Robert F. Weber, Jr., Vice Chairman and Chief Financial Officer, has announced his intention to retire effective January 3, 2020, after more than 14 years as the CFO of the company.
|
As part of the company’s succession planning for the Chief Financial Officer role, Jonathan “Jack” W. Thayer, has joined the company as Vice Chairman, Corporate Operations, reporting to Mr. Gendron.
|
Mr. Thayer will also be appointed to Chief Financial Officer on October 1, 2019, the beginning of Woodward’s fiscal year 2020. Mr. Weber will then transition into a senior consultant role supporting Mr. Gendron and the senior leadership team through his January 2020 retirement date.
|
|
|
|
|
|
|
|
Frankfurt Airport (FRA) served more than 69.5 million passengers in 2018, thus posting a new record high in the airport’s history. Compared to 2017, traffic at Germany’s largest airport grew by some 5 million passengers or 7.8%. This strong growth resulted from the launch of more routes to new destinations from FRA and from airlines increasing flight frequencies.
|
In full-year 2018, aircraft movements at FRA rose by 7.7% to 512,115 takeoffs and landings in 2018. Accumulated maximum takeoff weights (MTOWs) also increased by 5.1% to some 31.6 million metric tons. Cargo throughput (airfreight + airmail) posted a slight 0.7% decline to about 2.2 million metric tons, reflecting growing uncertainties in global trade, particularly during the second half of the year.
|
Airports in Fraport’s international portfolio also reported noticeable growth in 2018. CEO Schulte commented: “In addition to Frankfurt, most of our Group airports worldwide also achieved new passenger records last year. We continue to invest in the airports of our international portfolio, thus ensuring their long-term development. To create additional capacity, we are currently carrying out major expansion projects at our Group airports, particularly in Greece, Brazil and Peru.”
|
|
|
|
|
|
C&L Aerospace, a C&L Aviation Group company, has released that Isham Salim has joined C&L Aerospace in the new position of Regional Sales Manager, Asia.
|
Salim will lead sales and marketing activities in the commercial and regional airline segments for Asia.
|
Salim has more than 20 years of experience in the Asian airline market, most recently as managing director of Avia Singapore Aircraft Parts (A.S.A.P.), an aircraft parts supplier. Prior to A.S.A.P. Salim was Regional Sales Manager for Werner Aero Services Asia Pacific and Marketing manager for Aerospace Distributors Inc.
|
|
|
|
|
|
|
|
Dubai Aerospace Enterprise (DAE) has reported its 2018 key strategic and operational highlights for its leasing division, DAE Capital:
DAE Capital has received an investment grade corporate credit rating of BBB+ from KBRA and received an upgrade of existing corporate credit ratings from Moody’s and S&P Global. The company issued US$3.0 billion of new unsecured debt and announced a debt repurchase program of up to US$600 million. DAE Capital took delivery of its first five Boeing 737 MAX 8 aircraft in 2018. Furthermore the company signed an MOU with Emirates Aviation University to cooperate on learning and work experience programs.
|
DAE Capital purchased 28 new aircraft during 2018, sold 50 aircraft and completed 59 lease transactions.
|
|
|
|
|
|
Private air charter operator SaxonAir has announced the addition of an Embraer Phenom 300 jet to their aircraft fleet. The 2016 manufactured aircraft G-KRBN is to be hot based throughout Europe operating from various key European locations. This addition brings the fleet at SaxonAir up to a total of 9 jet aircraft and 4 helicopters.
|
The Phenom 300 is the fastest jet in its class with a range of 1800 NM and cruise speeds of up to 518 mph able to transport up to 8 passengers from London to Moscow. The aircraft offers excellent safety, comfort and performance which alongside economical operating costs, means the aircraft
is a very popular choice for charter clients.
|
|
|
|
|
|
|
|
The newest addition to the Airbus family of commercial aircraft, the A220, has received 180-minute extended operations (ETOPS) approval from the Canadian civil aviation authority, Transport Canada. This achievement paves the way for A220 customers to start new direct non-limiting routings over water, remote or underserved regions.
|
“This A220 ETOPS milestone adds to the numerous performance capabilities which the unbeatable A220 Family already offers,” said Florent Massou, Head of Airbus’ A220 Programme.
|
“Being the only in-production aircraft in its class capable of performing both steep approach and long-range operations, the A220 is definitely unlocking new route opportunities for airlines,” added Rob Dewar, Head of Engineering and Customer Support, A220 Programme.
|
The A220 is the first commercial airliner to obtain domestic ETOPS certification from Transport Canada. This capability is available as an option for A220-100 and A220-300 operators, enabling them to fly for up to 180-minutes from the nearest diversion airport.
|
|
|
|
|
|
|
click here to download the latest PDF edition
|
|
|
|
click here to download the latest PDF edition
|
click here to subscribe to our other free publications
|
|
AIRCRAFT & ENGINE MARKETPLACE
|
click here to view in PDF aircraft and engines available for sale and lease
|
|
UPCOMING EVENTS
February 19 - 20, 2019 – Palma de Majorca, Spain
|
|
|
|
|
|
|
|
|
|
