Aviation news for August 2014 by AeroTime

9/22/2014

Avia Solutions Group - ICAO task force sets out immediate actions responding to conflict zone risks | Aviation News for August 2014

ICAO TASK FORCE SETS OUT IMMEDIATE ACTIONS RESPONDING TO CONFLICT ZONE RISKS The International Civil Aviation Organization (ICAO) has concluded its second two-day meeting in as many weeks of the Task Force on Risks to Civil Aviation arising from Conflict Zones (TF RCZ), establishing a well-defined overall work programme and two immediate projects. Read more >

REPUROSING THE DRONE Relatively recently drones have become known to general public who have learnt about these unmanned aerial vehicles from the media reports covering their controversial use for military purposes. But probably the most important yet arguably the least publicly promoted role of a drone is to be played in the field of humanitarian activities such as disaster relief, search and rescue, border patrol, etc. In fact, due to their nimble frame and low maintenance costs drones could be used to change the way people deal with massive issues. Read more >

BAE systems soars to new heights with Emirates support agreement BAE Systems has signed a five-year agreement with Emirates, the world’s largest Boeing 777 operator, to provide maintenance and technical support for its entire Boeing fleet.Read more >

FAA announces research vital to integrating nation's UAS The U.S. Department of Transportation’s Federal Aviation Administration today announced that the Virginia Polytechnic Institute and State University’s unmanned http://aviatime.mailersend.com/email/ICAO-task-force-sets-out-immediate-actions-responding-to-conflict-zone-risks-Aviation-News-for-August-2014--2…

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Avia Solutions Group - ICAO task force sets out immediate actions responding to conflict zone risks | Aviation News for August 2014

aircraft systems (UAS) test site program is ready to conduct research vital to integrating UAS into the nation’s airspace. Read more >

Cessna Citation M2 receives certifications in Brazil and Argentina Cessna Aircraft Company, a subsidiary of Textron Aviation, a Textron Inc. company, announced today at the Latin American Business Aviation Conference & Exhibition that that Citation M2 – making its LABACE debut – has gained final certification from civil aviation authorities in Brazil and Argentina, paving the way for deliveries to begin. Read more >

FL Technics Training launches online EASA-compliant courses platform FL Technics Training, a global provider of aviation technical training services, continues to successfully expand the range of its services by launching Online Training™, an Internet-based platform providing online EASA-compliant courses. Read more >

Is the aviation industry ready for Bardarbunga?

Updated Amber A.I. understands Russian and expands platform support Locatory.com continues to perfect its newest artificial intelligence assistant Amber A.I. Due to a newly introduced extension the service is now available for Mozilla Thunderbird users. Moreover, the application boasts a package of the latest updates such as attachment and Cyrillic alphabet support.Read more >

Standex enters into agreement to acquire Enginetics

Iceland is on alert these days as the local volcano Bardarbunga is awakening from sleep. It has been announced that geologists do not rule out the possibility of the eruption, which, according to some specialists, may end up being so intense, that air travelers could “forget flying for half a year”. Read more...

Standex International Corporation announced today that it has entered into an exclusive agreement to acquire Ohio-based Enginetics Corporation, a leading producer of aircraft engine components for all major aircraft platforms. Read more >

CASL signs contract with AJW Aviation Integrated aircraft support specialist, AJW Aviation (AJW), has contracted China Aircraft Services Limited (CASL) to be a preferred provider of storage and logistics services in Hong Kong.Read more >

Embraer’s Legacy 500 Executive Jet awarded Brazilian certification The Brazilian Civil Aviation Agency (Agência Nacional de Aviação Civil – ANAC) today granted type certification for the Legacy 500 executive jet during a ceremony at

MAG and NATS announce ten year deal MAG and NATS, the UK’s leading air traffic control provider, have signed an agreement confirming a ten-year contract for air traffic control and engineering services at both Manchester and London Stansted airports. Read more...

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Avia Solutions Group - ICAO task force sets out immediate actions responding to conflict zone risks | Aviation News for August 2014

the Latin American Business Aviation Conference and Exhibition (LABACE), in São Paulo, Brazil. Read more >

Avia Solutions Group launches Duty Free operator Globus Distribution Avia Solutions Group, a WSE listed global provider of one-stop-shop aviation business solutions, is further strengthening its presence in the global travel industry by launching a new Duty Free operator Globus Distribution. The new company will be operating duty-free retail shops across Europe and Asia.Read more >

HAECO Cabin Solutions awarded FAA parts manufacturer approval HAECO Cabin Solutions, LLC, a subsidiary of the HAECO Group, has received Parts Manufacturer Approval (PMA) from the Federal Aviation Administration (FAA). The PMA designation authorises the facility to produce and sell approved PMA parts directly to aircraft operators and aircraft parts distributors.Read more >

Constant Aviation Las Vegas receives DGAC endorsement Constant Aviation, LLC, a Directional Aviation Capital company offering full-service maintenance capabilities with a nationwide network, was endorsed by the Mexican Civil Aviation Authority as an approved aircraft maintenance organization at their Las Vegas location. Read more...

Boeing, BOC Aviation announce order for 82 airplanes

Malaysia's sovereign wealth fund to take over Malaysia Airlines Khazanah Nasional Berhad (“Khazanah”) has today submitted a formal request to the Board of Directors of Malaysian Airline System Berhad (“MAS”) to undertake a selective capital reduction and repayment exercise (“Proposed SCR”) of MAS’ ordinary shares.

EU may close the sky for Russian airlines

Boeing announced today an order by BOC Aviation for 50 737 MAX 8s, 30 NextGeneration 737-800s and two 777-300ERs (Extended Range). The order, valued at $8.8 billion at list prices, is the largest in BOC Aviation's 20-year history and part of the Singapore-based leasing company's effort to grow its portfolio of fuel-efficient airplanes. Read more...

European Union may close the air space for Russian airlines in case Moscow decides to apply similar restrictions to European carriers, Lenta.ru reports.Read more >

Bell Helicopter Training Academy receives CAAC part 147 approval Bell Helicopter, a Textron Inc. company, announced the Bell Helicopter Training Academy (BTA) has received Part 147 facility organizational approval from the Civil Aviation Administration of China (CAAC).Read more >

CASA: Australian Helicopter Industry

MTU Aero Engines in joint pursuit of Clean Sky 2 Early July marked the official launch of the European Clean Sky 2 Joint Technology

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Avia Solutions Group - ICAO task force sets out immediate actions responding to conflict zone risks | Aviation News for August 2014

Association were wide of the mark

Australia’s helicopter industry is one of the vibrant and growing sectors of aviation providing vital services to the public, industry and government agencies. The Civil Aviation Safety Authority recognises the vital role played by the helicopter industry and the importance of its continuing growth.

Initiative. The new program is substantially broader in scope and more ambitious than Clean Sky, its predecessor. Read more...

Russian Helicopters delivers 52 Mi-171E Helicopters to China

EXPERT OPINION

OEM supply chain squeeze is affecting aftermarket prices

Russian Helicopters, a subsidiary of Oboronprom, part of State Corporation Rostec, announces that Ulan-Ude Aviation Plant has delivered four Mi-171E transport helicopters to China’s Poly Technologies, the final consignment of a contract for 48 helicopters signed by Rosoboronexport in 2012. Read more...

With a combined backlog of more than 10 000 commercial aircraft, both Boeing and Airbus have never been in a stronger position, particularly when it comes to negotiating with their suppliers. As a result, the OEMs have been increasingly pressuring the latter to offer significant price concessions in order to be able to sell new aircraft at lower prices. Read more >

The Chinese march on the aircraft finance market Recently, the Irish AWAS has announced the sale of its approx. 5 billion USD-worth 100 aircraft portfolio. The Chinese Hong Kong Aviation Capital Co. (HKAC) and Cheung Kong Holdings Ltd. (CKG) are allegedly amongst the main bidders for the deal. Read more >

The safeguarding diversity of aircraft investment

Rolls-Royce welcomes IAG order for eight A350 XWB aircraft Rolls-Royce has welcomed a decision by International Airlines Group (IAG) to convert eight Airbus A350-900 options into firm orders, powered by Trent XWB engines. The engines will have long-term TotalCare® service support. Read more...

Though there are certain signs that the post-crisis global economy is on a steady path towards recovering its stability, the latest results of the U.S. economy (minus 2.9% in Q1 2014, the largest drop since the 2009) serves as a serious warning that the actual growth of the global market is fragile. In the meantime, burdened by traditional assets, today many investors are seeking for alternative investments which would diversify their portfolios and allocate the risks. However, in their quest for new liquid projects, investors seem to ignore an asset which many of them personally use on a daily basis – an aircraft. http://aviatime.mailersend.com/email/ICAO-task-force-sets-out-immediate-actions-responding-to-conflict-zone-risks-Aviation-News-for-August-2014--2…

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Avia Solutions Group - ICAO task force sets out immediate actions responding to conflict zone risks | Aviation News for August 2014

Private air travel: a luxury or a necessity? While global economy growth in the first half of 2013 was relatively slow, according to IHS Global Insight it still experienced a real GDP growth rate of 2.4%. This year, it is expected to grow at an annual rate of 2.9%, mostly due to the rapid growth of such emerging regions, as Asia, Middle East, as well as the CIS. As corporate profitability continues to improve globally, the demand for business-related private air travel rises accordingly.Read more >

Are new fleet-related trends more than the MRO industry can handle? Currently the order backlogs of the two major OEMs, Boeing and Airbus, are at record 5 100 and 5 500 respectively. With this in regard, the global fleet is expected to shed 4-5% of its airframes annually to absorb the backlogs and near-term production rates that the manufacturers have lined up.

Delays in new military aircraft programs: a blessing or a curse?

Boeing tactical surveillance aircraft receives additional FAA certification Boeing will begin offering global customers the Enhanced Medium Altitude Reconnaissance and Surveillance System Risk Reduction Prototype (ERRP) now that the aircraft has received Supplemental Type Certification (STC) from the U.S. Federal Aviation Administration (FAA). Read more...

Despite the on-going budget cuts in the military aviation industry, new developments are still among the major factors accelerating its growth. It is forecasted that the industry will receive close to 11 000 new aircraft in the next 10 years. However, with different issues slowing down the introduction of the newest machines, MRO providers are preparing to face increased pressure as concerns appropriate support of the current fleet.

Investor’s homework: assessing the aircraft finance market With an annual ROI of 12-15% aircraft leasing is one of the most profitable segments to invest within the aviation industry. The first and second lease cycles of commercial passenger aircraft are commonly preferred by investors and lenders due to more stable risk/reward ration. In the meantime, freight aircraft normally come as the second most popular option with an ROI of around 12%. However, ensuring such substantial returns calls for an accurate assessment of the air market trends and is subject to a thorough understanding of the direction that the industry is heading towards.Read more >

Removing the obstacles to Chinese lowcost operations Over the past 18 months, several newcomers have joined the Chinese low-cost carrier market after the central government in Beijing unleashed a new set of policies in an unprecedented move to boost the country’s aviation market. Incentives including a cut in airport charges and simplifying approvals provided a further boost earlier this year. But not everything in China is as choreographed as is often imagined.Read more >

Air Canada appoints Benjamin Smith to President, Passenger Airlines Benjamin Smith, previously Executive Vice-President and Chief Commercial Officer, is appointed to the new role of President, Passenger Airlines. In addition to his current responsibilities, Mr. Smith will now have cost as well as revenue oversight for passenger airline activities. Smith continues to report to Mr. Rovinescu in this role. Read more...

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9/22/2014

Avia Solutions Group - ICAO task force sets out immediate actions responding to conflict zone risks | Aviation News for August 2014

COMMERCIAL AVIATION Transaero Airlines: revenue up 1.1% in 1H 2014 Norwegian opens new base for long-haul operations at London Gatwick Malaysia Airlines agreed to the proposed selective capital reduction Honeywell to withdraw Chicago stock exchange listing, retains NYSE listing Airberlin: improved operating result by 2.9% in 2Q 2014 Ryanair: traffic grows 4% in July DELTA: passenger unit revenue up 3% in 1H 2014

Boeing, Arthur to change Bone as UK and Ireland president Boeing announced that Sir Roger Bone, president ofBoeing U.K. and Ireland, will retire at the end of September with Sir Michael Arthur to assume the post from October 1. Read more....

Air Canada: record income increase of 21% in 2Q 2014 Virgin America: revenue increased by 6.1% in 2Q 2014 American Airlines: 3.1% traffic increase compared to last July Spirit Airlines: traffic increase by 10% in July Read more >

BUSINESS AVIATION Jet Aviation St. Louis completes Supplemental Type Certificates for SDR Sentient Jet announces partnership with Jazz Aspen Snowmass Gulfstream names Skyjet as sales representative in Central Africa WestJet: load factor of 83.3% in July Embraer’s Legacy 500 Executive Jet awarded Brazilian certification Gulfstream's Latin American Fleet grows nearly 70% since 2009 Read more >

MRO International Aero Engines achieves certification of V2500®-E5 engine

Ryanair appoints John Hurley as Chief Technology Officer Ryanair announced the appointment of John Hurley as its Chief Technology Officer. John joins Ryanair on 15th September 2014 from Houghton Mifflin Harcourt plc. Read more...

Privilege Style awards seven year power-by-the-hour contract to AJW Aviation ST Engineering's aerospace arm secures wide-body VIP completion contract Kazan Helicopters launches new painting and finishing workshop Pilatus Announces Partnership with TASL AAR to serve Rockford International Airport Read more >

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Avia Solutions Group - ICAO task force sets out immediate actions responding to conflict zone risks | Aviation News for August 2014

AIRPORTS ACI: global traffic growth of 4.5% in July MorphoTrustÂŽ E-CAT to expedite passenger screening at all major U.S. airports London Luton Airport extends NATS contract AA welcomes decission to increase staffing in Miami International Airport UK airspace efficiency improves for first half of 2014 Heathrow: busiest month and 0.5% traffic increase in July Fraport: record traffic and 2.3% increase in July

Turning to a new design and material for the GE9X fan blade The GE9X engine for the Boeing 777X aircraft will feature fewer and thinner composite fan blades than any GE widebody engine in service. To do this, GE is designing a new composite fan blade using next-generation carbon fiber composite material.

Fraport: revenue rose by 1% in 1H 2014