|
|
|
|
Wednesday, February 6th, 2019
|
|
|
|
|
|
|
Boeing has partnered with Aerion, a Reno, Nev.-based company pioneering next-generation supersonic aircraft. As part of the agreement, Boeing made a significant investment in Aerion to accelerate technology development and aircraft design, and unlock supersonic air travel for new markets. Terms of the deal were not disclosed.
|
Boeing will provide engineering, manufacturing and flight test resources, as well as strategic vertical content, to bring Aerion's AS2 supersonic business jet to market. The AS2 is designed to fly at speeds up to Mach 1.4 or approximately 1,000 miles per hour. With the ability to fly up to 70 percent faster than today's business jets, the AS2 will save approximately three hours on a transatlantic flight while meeting environmental performance requirements. The aircraft is slated for first flight in 2023.
|
Founded in 2003 to develop new, more efficient aerodynamic technologies for supersonic aircraft, Aerion introduced its AS2 12-passenger business jet design in 2014. The company unveiled the AS2's GE Affinity engine design in 2018.
|
|
|
|
|
|
|
|
Air Transport Services Group, said its subsidiary, LGSTX Services, has acquired TriFactor Distribution Solutions, a privately held material handling systems integrator based in Lakeland, FL.
|
This acquisition provides a number of strategic benefits combining operational strengths and expanding complementary services between the companies. The services of the combined LGSTX/TriFactor businesses will be marketed nationwide as part of the comprehensive set of ATSG solutions.
|
Material handling support and engineering design services will be offered from multiple locations, including Wilmington and Lakeland, providing systems integration, custom design, installation and maintenance of supply chain solutions. Customized turnkey offerings include: conveyor systems, warehouse storage systems, order picking systems and warehouse control & management systems.
|
LGSTX President Gary Stover said, “TriFactor complements our core capabilities. It’s a proven supplier of material handling solutions to respected corporations involved in warehousing, retail distribution and e-commerce operations. TriFactor’s engineers are experts at optimizing product
flow in diverse situations, from high-throughput sort facilities to small regional distribution centers. It’s a great addition to our existing material handling capabilities.”
|
|
|
|
|
|
|
|
The European Union and the State of Qatar have concluded negotiations for a landmark Comprehensive Air Transport Agreement.
|
This historic agreement will be the first of its kind ever between the EU and a Gulf Cooperation Council (GCC) member state, providing a significant competitive edge to air carriers of both sides and a sustainable framework for future operations. As a result, all air carriers from the 28 European Union member states and Qatar now have unlimited and unrestricted access to their respective territories.
|
As part of this agreement, the State of Qatar and the EU have taken bold steps by agreeing to articles on: fair competition, environment, consumer protection, social aspects, and transparency, as well as the inclusion of a doing-business provision, which exempts EU carriers from the obligation to hire a local General Sales Agent in Qatar.
|
|
|
|
|
|
|
|
GA Telesis has acquiered two Boeing 737-700 aircraft (MSN 28499 and MSN 28500) to keep up demand for its products and services.
|
The 737NG disassemblies are commencing in Marana, Arizona. Key components will route to GA Telesis’ UK and US based distribution facilities. The inventory will support the GA Telesis’ iGEAR, SNAP and ACCESS programs. It will also be used as day-to-day sales requirements for the company’s worldwide airline and MRO customers.
|
|
|
|
|
|
A group of shareholders led by investment group Hosking Partners is looking to derail Exeter, U.K.-based flybe’s intention to sell to the Virgin Atlantic-led consortium Connect Airways at what is seen to be a heavily discounted price of one pence (13 cents) per share. Hosking partners is looking to oust flybe Chairman Simon Laffin with industry veteran Eric Kohn who told the BBC this morning: “I have been tasking to look at what went wrong over the last year especially and investigate what looks like a very unusual transaction.” He claimed that the investment bank advising Flybe turned away other potential investors. “My job is to investigate whether this company is in the dire straits they say it is, how it got there and whether this transaction is the only one that is available,” adding that he had the support of 40% of flybe shareholders.
|
Company chief executive Christine Ourmières-Widener has stood firm on her “difficult decision”. This morning (Tuesday) she told BBC Radio 4’s Today program: “The deal we signed with Connect Airways is the only one that will secure our future. The only thing I can say is that by taking this decision we’ve saved 2,500 jobs and 1,400 pensions. In addition to that we are providing vital infrastructure to the UK and will do so in the future.”
|
|
|
|
|
|
|
|
Jota Aviation has become the latest airline to launch a pilot cadet programme. The programme will offer talented, newly qualified pilots the opportunity to fulfil their dream of becoming commercial airline pilots.
|
In an industry now struggling with a shortage of existing pilots, combined with a maturing workforce, airlines have recognised the need to develop young individuals by offering incentives and both funded and self-funded pilot schemes.
|
The essential entry requirement for the programme meant only candidates with a valid frozen ATPL licence, a valid ME Instrument Ratings and current class 1 medical certificates were eligible to apply. Most applicants had low flying hours, which is often the case for new pilots and can make it
challenging to secure their first flying job. Over a three-month period, Jota Aviation interviewed candidates for the programme with the ultimate goal of becoming a type-rated First Officer flying its fleet of Avro RJ aircraft. Of the many candidates interviewed, three cadets were carefully selected for the course which started in December 2018.
|
The cadets undertook an extensive training programme which consisted of ground training, emergency and safety training, examinations and simulator assessments before they were finally issued an AVRO RJ type rating and ready to fly for Jota Aviation as First Officers.
|
Charter Airline, Jota Aviation now employs over 120 people at its Southend Airport Facilities and has an excellent track record for developing its workforce through on the job training and support programmes.
|
|
|
|
|
|
WestJet has reported its fourth quarter and year end results for 2018, with full year net earnings of CA$91.5 million. This compares with net earnings of CA$279.1 million for the full year 2017.
|
In the fourth quarter of 2018 the airline achieved net earnings of CA$29.2 million compared with net earnings of CA$47.8 million in the fourth quarter of 2017.
|
Revenue in the fourth quarter amounted to CA$1,193.3 million up 6.6%, while full year revenue increased 5% to CA$4,733.5 million.
|
|
|
|
|
|
|
|
Spatial, a provider of cabin crew training simulators, will manufacture an A321NX Extended Over Wing Exit Trainer for Aer Lingus.
|
The high fidelity custom-built trainer will enable Aer Lingus’s cabin crew to be comprehensively trained to the highest standards of passenger service as well as all Safety and Emergency Procedures (SEPs) associated with the real A321NX semi-automatic door.
|
The state-of-the-art simulator will include an Attendant Station complete with touch screen Flight Attendant Panel (FAP), replica SpaceFlex lavatories and galleys. It will also feature a flight deck door, overhead stowage bins, passenger seats with replicated in-flight entertainment and communication systems.
|
Once finished, the Extended Over Wing Exit Trainer will be shipped and installed at Aer Lingus’s Training Academy based at Dublin Airport. The device will join the A330 Cabin Service Trainer (CST) Spatial built for the airline last year and the A320 CEET and A330 Door Trainers that Spatial upgraded the previous year.
|
|
|
|
|
|
IAG Aero Group has named Adrian Johnson as the new President of IAG Engine Center Europe, S.r.L.
|
The appointment was with immediate effect. Johnson is based in Rome, Italy and reports directly to the CEO and Chairman of the Group, Mauricio Luna. Johnson is a senior level executive with strong operations, commercial, and engineering experience.
|
Prior to joining IAG Engine Center Europe, Johnson spent over 30 years with Rolls-Royce, Vector Aerospace, and StandardAero. He advanced the StandardAero engine and component business, while increasing the company’s operational excellence. Johnson also worked in the customer facilities of India, Italy, New Zealand, and Middle East, and Germany.
|
|
|
|
|
|
|
|
Berlin-based budget carrier Germania Fluggesellschaft GmbH, trading as Germania, has filed for bankruptcy, citing fuel prices and currency fluctuations as the principal causes and ceasing all operations with immediate effect.
|
"We ultimately failed to successfully complete our financing efforts to meet short-term liquidity needs," said managing director Karsten Balke, adding: "We very much regret that, as a
consequence, we had no choice but to file for bankruptcy."
|
The privately owned airline was founded in 1978 and over recent years had changed its operating strategy from charter operations to scheduled flights, expanding from carrying 2.5 million passengers in 2009 to over four million last year. By the middle of 2018, it had approximately 850 employees and a fleet of 30 predominantly Airbus A319-100 aircraft. The news of the demise of Germania will come as a blow to Airbus as Germania had placed an order for 25 A320neos which were due to deliver in 2020 as part of its Boeing 737-700 phase-out program.
|
The news comes as a further blow to Germany’s commercial aviation sector with Air Berlin filing for insolvency back in August 2017, while other budget carriers have also fallen victim to fluctuating
currency rates and fuel prices, most noticeably Ryanair which just released it’s last-quarter 2018 results revealing a net loss of €19.6 million (US$22.3 million), it’s first quarterly loss since March 2014. Last week Norwegian Air announced that it wants to raise NOK3 billion (US$0.36 billion) through a rights issue to improve its finances, while struggling Wow is currently looking for a buyer and flybe has just announced an agreement to sell the operation to a Virgin Atlantic-led consortium at a massive discount after its financial situation became “desperate”, according to chief executive Christine Ourmières-Widener.
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
|
