Daily2018-02-20
AviTraderCS_Mallorca

Wednesday, February 13th, 2019

LATEST NEWS

Fraport and Volocopter are Pioneering Mobility of the Future

Fraport and Volocopter are pioneering mobility of the future. Together, they are developing concepts for ground infrastructure and operations required for air taxi services at airports. This cooperation focuses on smooth passenger handling and efficient integration into existing transport infrastructure. This will be examined using a so-called Volocopter Port. In the future, Volocopter Ports could link existing urban transportation junctions with one another and provide connections to and from Frankfurt Airport (FRA).

Fraport is a globally active airport manager with many years of expertise in airport operations – particularly in ground infrastructure, ground handling, and terminal and passenger services. Fraport can also leverage its extensive experience in unmanned flying. Via its FraDrones program, Fraport has already tested various scenarios for using drones for operational purposes.

Volocopter has already proven that its electrically-powered vertical take-off multicopters meet the requirements of Urban Aerial Mobility in various test flights, most notably in Dubai. Based on drone technology, the Volocopter offers space for two people and is a suitable urban transport solution thanks to its quiet and zero-emissions flying. Frankfurt Airport, Germany’s most important aviation hub with more than 69.5 million passengers last year, offers the ideal conditions for this innovative partnership.

ELFC

1.8 Million Passengers Flew with SAS in January

The number of passengers traveling with SAS’s scheduled traffic increased slightly compared to January 2018. At the same time, the passenger load factor and unit revenue increased. Compared to January 2018, capacity was unchanged while the number of passengers increased, leading to a 0.9 point increase in the load factor to 64.9%.

Swissport to Acquire Heathrow Cargo Handling from Air France

Swissport has agreed to increase its shareholding in Heathrow Cargo Handling (HCH) to 100% from 50%, which it held in a joint venture. Swissport will now fully own this cargo handling company at one of Europe’s busiest air cargo hubs. The HCH joint venture has been providing first class cargo handling services to the world’s leading airlines at Heathrow since 1995.

The HCH acquisition enables Swissport to invest further in its air cargo operation and service capabilities at Heathrow airport, where it operates two warehouses with a total surface of some 165,000 ft² (approx. 15,300 m²). Last year, the HCH joint venture, with a workforce of some 120 employees, handled over 150,000 tons of air cargo, seven percent more than in 2017. The completion of the HCH share acquisition by Swissport is subject to Competition and Markets Authority approval and is expected in the first half of 2019.

AFG

Lufthansa Technik Received Approval from the General Authority of Civil Aviation

Lufthansa Technik has received the approval from the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia for maintenance services on aircraft registered in Saudi Arabia.

In January 2019, a first A-Check on a corresponding Airbus A320 was already conducted by Lufthansa Technik Middle East mechanics in the hangar of DC Aviation Al-Futtaim LLC, a joint venture of DC Aviation and the Al-Futtaim Group at Al Maktoum International Airport (Dubai World Central Airport) in Dubai.

The 400 man-hours check was the second A-Check accomplished in January 2019 within the Lufthansa Technik and DC Aviation Al-Futtaim cooperation. It included for example the check of all systems which are relevant for flight safety, the exchange of several components, or the completion of service bulletins.

Joramco Signs Long-Term Agreement with Boeing for Hardware and Chemical Product Lines

Boeing Distribution Services (formerly KLX Aerospace Solutions) secured a long-term contract with Joramco at MRO Middle East 2019.

The contract will provide the aircraft maintenance, repair and overhaul (MRO) company with aerospace hardware and chemical products and services.

Birgitt Pohlkamp vice president of Europe, Middle East, Africa and India sales for Boeing Distribution Services said. “We will further support Joramco’s third party maintenance business, providing inventory availability and the security of fixed term pricing on consolidated deliveries. We are pleased to partner in Joramco’s growth.”

AAR

IAG caps number of non-EU shareholders to protect European flying rights

Under European Union (EU) rules, airlines wishing to have flying rights in Europe must be at least 50% EU-owned. As a consequence, IAG, owner of British Airways, has blocked investors from outside the EU by setting a non-EU investor cap at 47.5%, a threshold which has already been reached. The move follows on from easyJet who increased the cap on non-EU investors in its airline to 49%.

IAG, which also owns Iberia, Vueling and Aer Lingus, has confirmed that it does not intend to freeze out UK investors after Brexit, adding that it would inform investors of the change.

Laith Khalaf, senior analyst at Hargreaves Lansdown, said: 'Clearly something needs to be done before the UK falls into the category of no longer being in the EU.

'It's a bit of a warning lamp for the nuts and bolts that may have to change once we leave the EU.

'This is an indication of the scale of work outstanding in terms of what the implications of being outside the EU actually are.

'Unless the company does something to change this rule, then in the longer-term there's going to be a shareholder base in the UK who may fall foul of the rules as well.'

IAG would not disclose how many of its investors are based in the UK. Currently, its biggest shareholder is Qatar Airways, with a 21.5% stake.

IAG traffic and capacity statistics – January 2019

IAG traffic in January increased by 7.9% versus the same period last year; while IAG capacity rose by 7.6% versus the same period last year. The Group load factor for January improved 0.2 points to 78.6%.

TrueAero

BOSA Launches Thailand Based Joint MRO Venture

BOSA has launched its first business in the Asia-Pacific region under the Royal Thai Government’s Eastern Economic Corridor (EEC) initiative. BOSA-Thayaan Aircraft Service  (BTAS), a joint venture (JV) between BOSA and Thailand-based Thayaan Aviation Consultants Group, will commence line maintenance operations at U-Tapao Airport (UTP).

The EEC initiative is seeking to create a “Thailand 4.0” through investment incentives in 10 key sectors, including aerospace. The goal for “EEC Aeropolis” is to build a regional aerospace hub anchored by UTP that includes facilities for MRO, cargo logistics, manufacturing and aviation training. One such MRO facility will be a JV between Airbus and Thai Airways International which is hoping to be operational by Q1 2020.

BTAS holds Part 145 maintenance certifications from BCAA (Bermuda), EASA (Europe), FAA (U.S.), GCAA (United Arab Emirates), QCAA (Qatar) and TCCA (Canada). According to the company’s spokesperson, BTAS is targeting non-Thai airlines operating in the region that are looking for the accreditations it offers.


Evelop Airlines to Become New Lufthansa Technik Customer for A350 Component Support

Spanish Airline Evelop has contracted Lufthansa Technik to provide Total Component Support for the airline's future Airbus A350 aircraft. The ten-year contract covers two A350-900 that will enter Evelop's fleet in March 2019 and 2020 respectively.

Founded in 2013 as part of the Barceló Group, the Evelop fleet comprises a total of two Airbus A330-300, with capacity for 388 passengers, an Airbus A330-200 with 287 seats and an Airbus A320 for 180 passengers. Two Airbus A350-900 will be added to the fleet as of March 2019. Headquartered in Madrid, Spain, Evelop serves destinations in the Caribbean, Mexico and Mauritius.

Amros Global

Norwegian reports 13% passenger growth in January

A total of 2,638,958 passengers chose to fly with Norwegian in January 305,026 (13%) more passengers than the same period last year. Total traffic increased by 18% and capacity increased by 27% when compared to January 2018. The load factor was 76.1% down 5.9 points from the previous year.

AviTrader_Weekly_Headline_News_Cover_2019-02-11

click here to download the latest PDF edition

AviTrader_Monthly_MRO_e-Magazine_Cover_2019-01

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


Inventory Optimization & Supply Chain Management Seminar
February 19 - 20, 2019 – Palma de Majorca, Spain

Webinar: Unleash the power of cross-company digital transformation to revolutionise your CX
February 20th, 2019 – 2:00pm – 3:00pm GMT – Online

TurbineAero's Women in Aviation Day
March 8, 2019 – Arizona, USA

IATP Conference 2019
March 9 - 13, 2019 – Athens, Greece


Saudi International Airshow 2019
March 12 - 14, 2019 – Thumamah Airport, Riyadh, KSA


Analytics and AI in Travel North America
March 14 - 15, 2019 – Hilton Parc 55, San Francisco, CA, USA


Aviation Festival Americas 2019
May 13 - 15, 2019 – JW Marriott Marquis, Miami, FL, USA
twitter linkedin