Daily2018-02-20

Friday, March 1st, 2019

LATEST NEWS

British Airways Picks 777X to Modernize Major Part of Long-Haul Fleet

International Airlines Group, the parent company of British Airways, has committed to purchasing up to 42 777X airplanes, including 18 orders and 24 options. The airline joins a group of leading carriers that have selected the new 777-9, which will debut next month.

In ordering the 777-9, British Airways extends a long-running relationship with the popular 777 family. The airline is one of the largest 777 operators with a fleet of nearly 60 of the long-range jet. The airline last year committed to four more 777-300ER (Extended Range) jets via operating lease. The new 777-9 will replace British Airways' larger widebody airplanes, mainly the four-engine 747 jumbo jet.

The 777-9 is larger and has a slightly wider cabin than current 777s, which provides the ability to comfortably sit 400-425 passengers in a standard two-class cabin. Powered by 787 Dreamliner technologies, an all-new composite wing, and other enhancements, the 777-9 offers airlines 12 percent lower fuel consumption. The 777-9 can also fly farther than its predecessors with a standard range of 7,600 nautical miles (14,075 kilometers).

AFI KLM

SR Technics Malta continues to expand its footprint in 2019

SR Technics has announced its plans for continued growth at its Malta facility in 2019. Over the course of the year, projects include delivering a new six-bay hangar and transforming local operations into a Center of Excellence for SR Technics base maintenance.

In order to support this transformation in the near future, a VP of Operations, Daniel Galea, will be joining the company on March 1, 2019, to lead the operations in Malta for SR Technics. Galea has worked in the aviation industry for nearly two decades. General Manager Arthur Magri will
remain in charge for the overall Malta organization.

Rolls-Royce Withdraws From Engine Competition for New Midsize Airplane Platform

Rolls-Royce has decided to withdraw from the current competition to power Boeing’s proposed middle of the market – or New Midsize Airplane (NMA) – platform.

The company said that it is unable to commit to the proposed timetable to ensure it has a sufficiently mature product which supports Boeing’s ambition for the aircraft and satisfies its own internal requirements for technical maturity at entry into service.

Chris Cholerton, Rolls-Royce, President – Civil Aerospace, said: “This is the right decision for Rolls-Royce and the best approach for Boeing. Delivering on our promises to customers is vital to us and we do not want to promise to support Boeing’s new platform if we do not have every confidence that we can deliver to their schedule.”

AFG

SAS Posts Net Loss of MSEK-469 for First Quarter 2019

SAS Scandinavian Airlines has reported its figures for the first quarter 2019. Revenue amounted to MSEK 9,534 compared to MSEK 8,978 in the first quarter 2018.

Earnings before tax and nonrecurring items was MSEK -724 compared to MSEK -385 the previous year. EBT was MSEK -576 compared to MSEK -285 in 2018. Net income for the priod was MSEK -469, compared to MSEK -249 the previous year.

Six SSJ100 to be Delivered to Thailand

The Sukhoi Civil Aircraft Company has signed a contract with Thai Kom Airlines for the delivery of six SSJ100 aircraft, during the period of 2019-2020. Total value of the contract is about US$300 million in catalog prices.

The first SSJ100 is to be delivered to Kom Airlines in Autumn 2019. Kom Airlines plans to operate SSJ100 both inside the country and abroad.

The technical maintenance of SSJ100 is to be carried out by WishV, the maintenance and repair organization registered in Thailand.

ASI

ASI Aero Acquires One Airbus A319 For Part Out

ASI Aero has taken delivery of one A319-133, MSN 2650 ACJ with DOM Jan/2006 (TSN: 4788 / CSN: 1390).

The part-out began in Mumbai, India in support of ASI Aero’s used serviceable material business. The manifest from the aircraft part-out will be available in mid-March 2019. APU, Nose Cowls, Thrust Reversers, Complete QECs will be repaired and remarketed.

Air Italy Signs Code Share Agreement with Bulgaria Air

Air Italy and Bulgaria Air have entered into a code share partnership to offer customers enhanced connectivity between Bulgaria and eight major destinations in Italy, with effect from February 28.

Under the agreement, Air Italy’s “IG” code will be placed on Bulgaria Air flights between Milan Malpensa and Sofia, Varna and Burgas, with the first flights available from March 31st.

At the same time, starting with the new summer IATA season, Bulgaria Air will put its “FB” code on Air Italy flights between Milan Malpensa and Rome Fiumicino, Naples, Olbia and Cagliari (Sardinia), Palermo and Catania (Sicily), and Lamezia Terme (Calabria).

TP Aerospace

ENOVAL Achieves Its Objectives

For almost five years, 35 partners conducted extensive research work under the EU’s ENOVAL (ENgine mOdule VALidators) technology programme.

The result of the concerted efforts is now available: With the newly developed technologies for turbofan engines, it will be possible to significantly cut emissions of carbon dioxide and of noise. “We’ve fully achieved the objectives we had in mind when we started,” says MTU Aero Engines’ Dr Edgar Merkl, who coordinated the technology program, “and clearly demonstrated how much additional potential still exists in turbofans.” The new technology is slated to fly starting in 2025.

ENOVAL focused on the development of new technologies for low-pressure components for medium-sized, large and very large turbofans incorporating geared turbofan technology. The research looked into higher overall pressure ratios of between 50:1 and 70:1, as well as higher bypass ratios of between 12:1 and 20:1 combined with increased overall pressure ratios of up to 70:1. Says Merkl: “The bypass ratio achieved in the ENOVAL programme was in the range of 14:1 to 16:1.” This results in improved propulsion efficiency, thus reducing fuel burn and pollutant emissions. “And, on top of that, this will bring the noise emitted by emerging engines down further, even below the noise level of the geared turbofan, which is already very quiet as it is now.” Just look at some of the figures: Noise can be cut by up to 1.3 dB and CO2 emissions by up to five percent. For a typical medium-range aircraft, such as an Airbus A320, this would translate into savings of 1,200 tons of CO2 a year, the equivalent of the carbon dioxide emissions produced annually by electricity use in 325 average households.

Magnetic MRO Completes First 3D Scanning Project

Magnetic MRO continues to expand its wide range of services by adding Shining 3D FreeScan X7, a handheld 3D scanner to its selection of tools. The laser was first used as a part of MAC Aero Interiors’s and TUI Group’s latest cooperation on lavatory refurbishments.

FreeScan X7 is an ultra-portable handheld 3D laser scanner with a flexible and convenient scanning mode, providing high accuracy and stability, and covering all the depth and thickness
measurements. The device is applicable to a wide range of operating environments and a variety of measured objects. It can dramatically improve time and cost efficiency by reducing the manpower needed for a project.

The addition of the 3D scanner is another step in the company’s strategy of distinguishing itself as an industry leader in innovation. The scanner was first used in January 2019 on a Boeing 767 aircraft as part of the latest partnership between Magnetic MRO’s subsidiary brand MAC Aero Interiors and travel company TUI. This new 4-year contract between the two companies includes the production of 20 lavatory units for TUI's Boeing 767-300 fleet, and the scanner will play an integral role in achieving that.

Pentagon2000

ATSG Reports Strong Fourth Quarter 2018 Results

Air Transport Services Group has reported consolidated financial results for the quarter and year ended December 31, 2018.

Customer revenues were US$280.8 million in 4Q 2018 vs. same-basis US$221.2 million in 4Q 201. GAAP Earnings from Continuing Operations were negative US$5.2 million, vs. US$94.1 million in 4Q 2017.

Adjusted Earnings from Continuing Operations (non-GAAP) US$24.1 million in 4Q 2018 vs US$19.6 million in 4Q 2017.

Adjusted EBITDA from Continuing Operations (non-GAAP) was up 19% in 4Q 2018 to US$96.2 million.

2018 capital spending was US$292.9 million, comparable to 2017, as ten cargo aircraft (nine Boeing 767s, one Boeing 737) were deployed in each year.

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