Virgin Atlantic warned that it is heading for record losses, to as much as £135m, after posting a loss of £80m last year. CEO Craig Kreeger told staff that the airline’s financial performance was ‘well behind where we anticipated’, and announced a pay-freeze and cost-cutting plan. The US’ Delta acquired a 49% stake in the carrier from Singapore Airlines last year. Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com WORLD NEWS Boeing to step up 777-X as Dreamliner cleared for tests 787 fleet airborne ‘in weeks’ despite ongoing questions over battery fire Plans to speed up production of an updated Boeing 777 wide- body are ‘accelerating’, the Chi- cago-based airframer revealed last week. Dubbed the 777-X, a new version of Boeing’s big- gest twin-engine model would have new engines, larger wings and a bigger cabin, and could be avail- able for orders by the end of the year. The largest 777 in opera- tion seats 450 but Dubai’s Emirates, the aircraft’s biggest customer with over 100 of the aircraft in operation, has urged Boeing to produce a more fuel-efficient version with room for more passengers. It is thought that the 777-X could be rolled out by 2020, before the introduction of the 787-10, the stretch version of the all-compos- ite 787 Dreamliner. Meanwhile, Boeing said it was confident that the 50-strong glo- bal fleet of Dreamliners would Boeing 787 Dreamliners on the as- sembly line in Everett, Washington. There have been no deliveries of the aircraft since December Boeing Even so, the root cause of the incidents that led to the ground- ing of the fleet on January 16th has not been discovered. It was widely thought that lithium-ion batteries on two aircraft, one operat- ed by JAL and the other by rival Japanese carrier ANA, had caught fire. But the subsequent in- vestigation has found that although the bat- teries were charred, ‘in neither event was there a fire inside the battery’. Mike Sinnett, Boeing vice presi- dent and chief project engineer of the 787 project, said that in both cases the damage was limited to the function of the battery and the airplanes were never at risk. Production on the airframer’s 800-strong backlog of Dreamlin- ers has continued but Boeing is said to be losing close to $50m per week during the grounding. The last delivery of a 787 was to Air India in late December. WEEKLY AVIATION HEADLINES End to IAG strike action IAG, the parent company of Brit- ish Airways and Spain’s Iberia, said that the majority of workers at the Spanish carrier have accepted proposals to end strike action over job and wage cuts. Unions said they would agree to the govern- ment-appointed mediator’s offer to reduce job losses to 3,141 from the original 3,807. Pilots, cabin and ground crew had walked off the job for five days in February and March, and had planned two more strikes over the next four weeks. Ryanair, the Irish budget carrier, is understood to be putting the final touches on an order for 200 Boeing 737 narrowbody jets, according to the Irish Independent. The airline is believed to prefer the existing 737-800 model to the new-en- gine variant 737 Max as it ‘involves lower charges from the European Union’. The deal would be worth $18bn at list prices. Ryanair in 737 mega-order ISSN 1718-7966 MARCH 18, 2013 / VOL. 380 be back in the air ‘in weeks, not months’, after it received the go- ahead to test proposed changes to the aircraft’s battery system. See page 3 for more details Record losses for Virgin ‘We put this new design through a rigorous set of tests. We tried to find a way to introduce a fire in the containment but it just wouldn’t happen. Even when we introduced a flammable gas... the absence of oxygen meant there was no fire’ Mike Sinnett, Boeing, on the new 787 battery tests The FAA, the US aviation au- thority, informed Boeing last week that it had approved the airframer’s plan to certify a re- designed battery and has author- ised two limited test flights. The new batteries, presented to the FAA late last month, are de- signed to minimise the chances of a short circuit. They also have a new containment and venting systems to prevent damage in case of fire. Lufthansa in Airbus buy Lufthansa, meanwhile, confirmed a major order of 100 A320 fam- ily aircraft and two A380s, worth $11.2bn at list prices, making it Air- bus’ largest airline customer with a total of 532 aircraft ordered.
Transcript
Virgin Atlantic warned that it is heading for record losses, to as much as £135m, after posting a loss of £80m last year. CEO Craig Kreeger told staff that the airline’s financial performance was ‘well behind where we anticipated’, and announced a pay-freeze and cost-cutting plan. The US’ Delta acquired a 49% stake in the carrier from Singapore Airlines last year.
Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com
WORLD NEWS
Boeing to step up 777-X as Dreamliner cleared for tests 787 fleet airborne ‘in weeks’ despite ongoing questions over battery fire
Plans to speed up production of an updated Boeing 777 wide-body are ‘accelerating’, the Chi-cago-based airframer revealed last week.
Dubbed the 777-X, a new version of Boeing’s big-gest twin-engine model would have new engines, larger wings and a bigger cabin, and could be avail-able for orders by the end of the year.
The largest 777 in opera-tion seats 450 but Dubai’s Emirates, the aircraft’s biggest customer with over 100 of the aircraft in operation, has urged Boeing to produce a more fuel-efficient version with room for more passengers. It is thought that the 777-X could be rolled out by 2020, before the introduction of the 787-10, the stretch version of the all-compos-ite 787 Dreamliner.
Meanwhile, Boeing said it was confident that the 50-strong glo-bal fleet of Dreamliners would
Boeing 787 Dreamliners
on the as-sembly line in Everett,
Washington. There have
been no deliveries of the aircraft
since December
Boeing
Even so, the root cause of the incidents that led to the ground-ing of the fleet on January 16th has not been discovered. It was
widely thought that lithium-ion batteries on two aircraft, one operat-ed by JAL and the other by rival Japanese carrier ANA, had caught fire.
But the subsequent in-vestigation has found that although the bat-teries were charred, ‘in neither event was there a fire inside the battery’.
Mike Sinnett, Boeing vice presi-dent and chief project engineer of the 787 project, said that in both cases the damage was limited to the function of the battery and the airplanes were never at risk.
Production on the airframer’s 800-strong backlog of Dreamlin-ers has continued but Boeing is said to be losing close to $50m per week during the grounding. The last delivery of a 787 was to Air India in late December.
WEEKLY AVIATION HEADLINES
End to IAG strike actionIAG, the parent company of Brit-ish Airways and Spain’s Iberia, said that the majority of workers at the Spanish carrier have accepted proposals to end strike action over job and wage cuts. Unions said they would agree to the govern-ment-appointed mediator’s offer to reduce job losses to 3,141 from the original 3,807. Pilots, cabin and ground crew had walked off the job for five days in February and March, and had planned two more strikes over the next four weeks.
Ryanair, the Irish budget carrier, is understood to be putting the final touches on an order for 200 Boeing 737 narrowbody jets, according to the Irish Independent. The airline is believed to prefer the existing 737-800 model to the new-en-gine variant 737 Max as it ‘involves lower charges from the European Union’. The deal would be worth $18bn at list prices.
Ryanair in 737 mega-order
ISSN 1718-7966 MARCH 18, 2013 / VOL. 380
be back in the air ‘in weeks, not months’, after it received the go-ahead to test proposed changes to the aircraft’s battery system.
See page 3 for more details
Record losses for Virgin
‘We put this new design through a rigorous set of tests. We tried to find a way to introduce a fire in the containment but it just wouldn’t happen. Even when we introduced a flammable gas... the absence of oxygen meant there was no fire’Mike Sinnett, Boeing, on the new 787 battery tests
The FAA, the US aviation au-thority, informed Boeing last week that it had approved the airframer’s plan to certify a re-designed battery and has author-ised two limited test flights.
The new batteries, presented to the FAA late last month, are de-signed to minimise the chances of a short circuit. They also have a new containment and venting systems to prevent damage in case of fire.
Lufthansa in Airbus buy Lufthansa, meanwhile, confirmed a major order of 100 A320 fam-ily aircraft and two A380s, worth $11.2bn at list prices, making it Air-bus’ largest airline customer with a total of 532 aircraft ordered.
What you see on the surface is just the tip of the iceberg.What lies beneath is a powerful organization committed to providing solutions to the aerospace industry that impact the bottom line.
P&W AeroPower’s APS2600[E] APU selected for Embraer’s Second Gen-eration E-Jet
Pratt & Whitney AeroPower’s APS2600[E] auxiliary power unit (APU) was selected by Embraer for its second generation E-Jet. In addition to the APS2600[E] APU, Pratt & Whitney AeroPower APUs can be found on Embraer’s ERJ-145, E170/175 and E190/195 fleets. Pratt & Whitney AeroPower was also recently selected for Embraer’s KC-390 mili-tary cargo tanker for the Brazilian Air Force. The second generation Embraer E-Jets will also be equipped with Pratt & Whitney’s PurePower PW1700G and PW1900G en-gines, which will offer significant reductions in fuel burn, emissions, noise and operating costs compared to today’s aircraft.
Police Service of Northern Ireland or-ders another EC145 helicopter
The Police Service of Northern Ireland will add another EC145 helicopter to its all-Eurocop-ter fleet. This latest rotary-wing aircraft is to be delivered in the first half of 2013, joining
AviTrader WEEKLY AVIATION HEADLINES
AIRCRAFT & ENGINE NEWSthe Police Service of Northern Ireland’s current helicopter inventory, consisting of an owned EC145 and EC135, along with a leased BK117. With the rest of the fleet the new EC145 will be ready to serve in June this year, during the G8 Summit in Northern Ireland.
Swiss International Air Lines signs or-der with Boeing for six 777-300ERs
Boeing, the Lufthansa Group and Swiss Inter-national Air Lines (SWISS) announced a com-mitment for six 777-300ER (Extended Range) airplanes. The airplanes, valued at $1.9bn at list prices, were selected for the airline’s long-haul fleet renewal. Boeing looks forward to working with SWISS to finalize the details, at which time the order will be posted to the Boeing Orders & Deliveries website.
Lufthansa Supervisory Board gives go-ahead for major Airbus order
The Lufthansa’s Supervisory Board has ap-proved the acquisition of 100 A320 Family aircraft (35 A320neo, 35 A321neo and 30 A320ceo with Sharklets) and two A380s worth approximately $11.2bn at list prices. The engine choices will be announced by the airline at a later date. This latest acquisition
reconfirms the Lufthansa Group as Airbus’ largest airline customer, with a total of 532 aircraft ordered. Today the Lufthansa Group is also Airbus’ biggest operator worldwide with 385 Airbus aircraft currently in service. These include: 271 A320 Family, 41 A330s, 63 A340s, and 10 A380s.
PEMCO & China Postal announce Boeing 737 redelivery
Celebrating a decade-long partnership, China Postal Airlines and PEMCO World Air Services announced the completion and redelivery of China Postal’s latest PEMCO-converted Boe-ing freighter. This 737-400F (MSN 26337) is the 10th PEMCO-converted airplane for Chi-na’s national express mail service.
New orders and commitments for Eurocopter’s helicopter family
New orders and commitments for Eurocop-ter’s helicopter family, along with an unveil-ing of the latest evolution in its product line, marked the company’s highly successful par-ticipation at Heli-Expo 2013 – the rotorcraft industry’s largest international gathering, held this month in Las Vegas, Nevada. The bookings covered products ranging from
S T R O N GE RT O GE T HE RYOUR BEST PARTNERFOR AFTERMARKET SERVICES
and LEAP engine fleets under which CFM will guarantee maintenance costs on a dollar per engine flight hour basis. Deliveries of the A320ceos are scheduled between 2014 and 2016, while the A320neos will be delivered in the 2017 to 2019 timeframe. The airplanes were originally announced in June 2011.
Bristol Associates completes sale of one MD83 and one Boeing 737-524
Bristol Associates, as remarketing agent for United Airlines, Inc., has completed the sale of a United/Continental-owned 1995 vintage B737-524 aircraft (MSN 27532) to BLF Lim-ited (Bermuda). The aircraft will be operated by UTAir Ukraine.
Furthermore Bristol Associates, as remarket-ing agent for US Bank (as Trustee), has com-pleted the sale of an ex-American Airlines 1991-vintage MD83 aircraft (Msn 27532/ Reg. N588AA) to Jet Midwest Group.
Airbus delivers 100th A380
Malaysia Airlines (MAS) and Airbus together marked a major achievement, with the hand-over of the 100th A380 to MAS at Airbus’ Henri Ziegler Delivery Centre in Tou-louse, France. The aircraft is the sixth A380 for MAS.Now in its sixth year of commer-
cial service, the A380 is flying with nine world class airlines. To date, the worldwide fleet has carried some 36 million passengers in 100,000 flights. Previous genera-tion Very Large Aircraft (VLA 400 seats and above) would have re-quired 140,000 flights. This reduction in flights
brings essential relief to airport-congestion and the environment. The corresponding saving of 5.7 million tonnes of CO2, demonstrates the A380 generates more revenue whilst minimising emissions and noise.
4
Eurocopter’s light single-engine AS350 heli-copter to the 11-ton-category EC225 heli-copter. Among trends reflected by this new business are the continued strength in heli-borne transportation for the oil and gas in-dustry, sustained demand in the emergency medical services marketplace, and a further emergence of the helicopter leasing sector. Eurocopter also utilized Heli-Expo 2013 to debut the newest enhanced member in its product line: the mid-sized, multipurpose twin-engine EC135 T3/P3, which received or-ders from three launch customers.
Titan Aviation acquires Boeing 777 Freighter
Atlas Air Worldwide Holdings reported the acquisition of a Boeing 777 Freighter by its dry-leasing subsidiary, Titan Aviation. The air-craft is currently on long-term lease to Aero-Logic GmbH, a cargo airline based in Ger-many and a joint venture of DHL Express and Lufthansa Cargo AG. Norddeutsche Landes-bank Girozentrale (NORD/LB), a leading air-craft financier based in Hanover, Germany, provided financing for the 2010 vintage air-craft. AeroLogic GmbH was founded in Sep-tember 2007 with headquarters in Schkeud-itz/Leipzig, Germany. The AeroLogic fleet is composed of eight Boeing 777Fs.
AviancaTaca signs agreement with CFM valued at $2.7bn
Panama-based AviancaTaca Holdings selected the advanced technology LEAP-1A engines to power 33 Airbus A320neo family aircraft, in addition to ordering CFM56-5B engines to power an additional 18 Airbus A320ceo family aircraft. The airline has also opted for a comprehensive engine maintenance service package. The agreement has a total combined value of $2.7bn U.S. at list price. AviancaTaca signed a 15-year RPFH (Rate per Flight Hour) agreement to support both the new CFM56
AviTrader WEEKLY AVIATION HEADLINES
Sabena technics and Swiftair extend integrated services contract
Swiftair, one of the largest ATR operators for cargo and passenger services, decided to pursue its close collaboration with Sabena technics on component support. Within the scope of the contract, Sabena technics pro-vides Swiftair with unlimited pool access on ATR components, repair & overhaul services as well as a dedicated main base kit to ensure the continuity of the flight operations, any-where in the world. Additional added-value services are also provided on a punctual basis by Sabena technics and tailored to Swiftair’s needs in order to improve the reliability of its flight operations. Swiftair also trusts Sabena technics with the component support of its Boeing B373CG fleet. Swiftair is one of the strongest private airlines in Spain.
Source One Aircraft Repair (SOAR), an after-market leader in AOG and Field Repair Serv-ices, has added Aviation & Defense (ADI), a certified and experienced maintenance, repair and overhaul (MRO) provider to the SOAR Network. The SOAR Network is a global team of reputable and certified MRO centers, engi-neering houses and parts houses, joined by preferential long-term agreements to provide what is fast becoming one of the world’s larg-est dedicated heavy AOG support organiza-tion under the management, direction, and experience of SOAR. Airlines, aircraft owners, leasing companies, and insurance companies may benefit through the savings and remote global support offered utilizing SOAR.
Comlux Aviation Services expands MRO and refurbishment capabilities
Comlux Aviation Services based in Indianapo-lis USA, has been restructured and reinforced to include maintenance and refurbishment work on Airbus Corporate Jets and Boeing Business Jets. While the completion center for Comlux, Comlux America, focuses now exclusively on green completions for narrow
5AviTrader WEEKLY AVIATION HEADLINES
body Airbus and Boeing VIP cabins, Com-lux Aviation Services has transitioned into a Maintenance & Refurbishment Center for the Comlux Group for both narrow body and mid sized/heavy jets. With the opening of Comlux America’s brand new hangar facilities in In-dianapolis in 2012, Comlux Aviation Services has expanded its workshops. The additional space increases the total hangar floor capac-ity to approximately 101,000 ft².
SuperJet International signs SuperCare Agreement with Yakutia Airlines
SuperJet International (SJI) – a joint venture between Alenia Aermacchi and Sukhoi Hold-ing – announced the execution of a “Super-Care” Agreement with the second Russian operator of the Sukhoi Superjet 100 aircraft, Yakutia Airlines, for after-sales support of its SSJ100 fleet of two aircraft. SuperJet Inter-national will provide Yakutia Airlines with customized spares availability and mainte-nancerepair solutions of on-board equip-ments for a minimum term of three years. The “SuperCare” agreement is a comprehensive “per-flight-hour” program developed by SJI with the aim of maximizing aircraft availabil-ity to operators and optimizing their mainte-nance and associated administrative costs.
Cargo Air selects the AEI B737-400SF 11 Pallet Conversion
Aeronautical Engineers was selected by Cargo Air of Bulgaria to provide one B737-400SF 11 Pallet Passenger to Freighter Conversion. The aircraft, a B737-400, MSN 24474 was built in 1989 and is currently undergoing freighter modification at AEI‚’s Authorized Conversion Center, Commercial Jet, which is located in Miami, Florida. This is the first 737-400SF for Cargo Air who currently operates three AEI 737-300SF 10 Pallet Freighters.
Jet Aviation Geneva receives FAA ap-proval for new Gulfstream G650
In addition to the EASA Part 145 approval re-ceived in December, Jet Aviation Geneva has been granted FAA approval to support the new ultra-long-range, ultra-large-cabin Gulf-stream G650. “We are constantly striving to expand our service capabilities to offer our customers the technical support they require,” says Cyril Martiniere, managing director and accountable manager for Jet Aviation Geneva. “As an authorized service center for Gulf-stream aircraft, our team of experts are highly experienced and receive regular OEM training and support with the new technologies.”
SAA Technical (Proprietary) Limited (Reg. No 1999/024058/07)
Situated at OR Tambo International Airport Republic of South Africa
(Hereinafter referred to as “SAAT”)
REQUEST FOR TENDER (RFT) FOR THE FOLLOWING:
RFT NO. SAAT 001/13 PHASED ARRAY ULTRASONIC EQUIPMENT
RFT documents are available for download on www.flysaa.com from 19 March 2013
(Click on “About Us”, then “SAA Tenders”).
Enquiries may be directed ONLY in writing to the Project Manager:
The submission closing date for the RFT No: SAAT 001/13 is the 02 April 2013, at 11:00am
On submission of the completed tender document a non-refundable fee of R1,000 (five thousand Rand) per RFT will be charged. This fee should be deposited directly
into SAA’s Bank account (banking details are supplied in the RFT document), the original deposit slip MUST be supplied with the tender.
AeroCentury reports fourth quarter and full year 2012 results
AeroCentury, an independent aircraft leasing company, reported its operating results for the fourth quarter and the year ended December 31, 2012. The Company reported net income of $1.8m for the fourth quarter of 2012, com-pared to net income of $1.2m for the fourth quarter of 2012. The Company reported net income of $5.2m for the year ended December 31, 2012, compared to a net loss of $1.5m for the year ended December 31, 2011. Total rev-enues were $8.0m and $29.4m for the fourth
Embraer reports net income of $347.8m for 2012
During the 4th quarter of 2012 (4Q12), Embraer delivered 23 commercial and 53 executive aircraft and ended the year with total deliveries of 106 commercial and 99 executive air-craft (77 light jets and 22 large jets). As a consequence, 2012 revenues totaled $6,177.9m, in line with the annual revenue guidance range of $5.8 to $6.2bn; 4Q12 EBIT and EBITDA margins were strong and reached 12.0% and 16.4%, respectively. As a result, 2012 EBIT and EBITDA margins were 9.9% and 14.4%, respectively, surpassing the Company’s EBIT and EBITDA margin guidance for the year of 9.0% to 9.5% and 12.5% to 13.5% respec-tively. Positive operating cash generation of $525m in 4Q12 increased the Company’s net cash position to $312.9m at the end of 2012. Net income attributable to Embraer Share-holders was $123.2m in 4Q12 and totaled $347.8m for 2012. Earnings per ADS for 4Q12 and 2012 totaled $0.6797 and $1.9188, respectively.
FINANCIAL NEWS
Willis Lease Finance earns net income of $2.2m in fourth quarter of 2012
Willis Lease Finance Corporation reported that following a $15.5m pre-tax charge for extinguishment of debt and derivatives termination and a $2.8m charge related to the redemption of its preferred stock at par value, it lost $3.8m in 2012, compared to earnings of $11.4m in 2011. In the fourth quarter of 2012, net income was $2.2m and the net loss available to common shareholders was $0.8m, reflecting the final preferred dividend and the $2.8m charge for the issuance costs incurred in a prior period. In the fourth quarter of 2011, Willis Lease earned $2.9m.
HAECO reports final results 2012
The HAECO Group reported an attributable profit of HK$876m in 2012, 6.7% higher than that of HK$821m in 2011. Earnings per share increased by 6.7% to HK$5.27. Turnover increased by 12.7% to HK$5,830m. The Directors have declared a second in-terim dividend (in lieu of a final dividend) of HK$2.00 per share. Together with the first interim dividend of HK$0.88 per share paid on 18th September 2012, this results in total dividends for 2012 of HK$2.88 per share. Total dividends for 2011 were HK$2.60 per share, excluding a special dividend of HK$3.40 per share.
American closes private offering of enhanced equipment trust certificates
American Airlines, the principal operating subsidiary of AMR Corporation, reported the clos-ing of its private offering of two tranches of enhanced equipment trust certificate) in the aggregate face amount of $663,378,000. The Certificates are comprised of a senior tranche of Class A Certificates with an interest rate of 4.000% per annum and a final expected dis-tribution date of July 15, 2025 and a junior tranche of Class B Certificates with an interest rate of 5.625% per annum and a final expected distribution date of January 15, 2021. The Certificates represent an interest in the assets of two separate pass through trusts, each of which will hold equipment notes expected to be issued by American. Such equipment notes are expected to be secured by eight currently owned Boeing 737-823 aircraft and one cur-rently owned Boeing 777-223ER aircraft, each of which aircraft is either unencumbered or is subject to a private mortgage financing, and four new Boeing 777-323ER aircraft currently scheduled for delivery to American during the period from April 2013 to July 2013.
STS Component Solutions to Distrib-ute Donaldson filtration products for Rotorcraft and Business Jets
STS Component Solutions and Donaldson Aerospace & Defense, a division of Don-aldson Company, announced their new Distribution Agreement. STS Component Solutions will be supporting the Rotorcraft and Business Jet OEM product lines for Don-aldson Aerospace & Defense. Based in Palm City, Florida, STS Component Solutions spe-cializes in the global marketing and distribu-tion of OEM Products and services.
Boeing says strong demand pushing commercial production rates higher
Boeing said that strong demand for its com-mercial airplanes and a healthy backlog are be-hind the company’s decision to keep increasing production rates.“The data tells us the market is strong and will continue to be strong. That’s why we’re confident as we raise our produc-tion rates,” said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes. “Supply and demand will continue to be in balance as we put more airplanes into the hands of our customers.” Boeing’s 737 pro-gram is currently in the process of increasing its production rate to 38 airplanes per month and will go to 42 per month in the first half of 2014. The 777 program just ramped up production to a record high 8.3 airplanes per month (100 per year) and the 787 program plans to increase its current 5 per month rate to 10 per month by the end of this year.
Finnair starts employee consultations in its Technical Operations organization on plans and alternatives to improve the efficiency of operations and adjust technical organiza-tion to changes made in 2012. In 2012, the size of Finnair’s operated fleet decreased and the company stopped offering maintenance services to external customers. The plans for Technical Operations include:
• Possible outsourcing of the following activ-ities: c-checks for narrow body aircraft, brake and wheel repairs and calibration laboratory;
• Centralizing maintenance operations into three hangars to improve resource utilization.
If implemented, the plans could result in a de-crease of 310 positions from the 900 positions currently in Finnair Technical Operations.
Southern Air received confirmation of its “pre-arranged” Plan of Reorganization (Plan) from the U.S. Bankruptcy Court in Wilming-ton, Delaware, which has been overseeing the Company’s Chapter 11 proceedings fol-lowing its voluntary filing on September 28, 2012. The Plan received substantial support from key secured creditors as well as unse-
cured creditors. The confirmation clears the way for Southern Air to emerge from its court-supervised financial restructuring as ex-pected, within the next few weeks.
JetBlue Airways and Qatar Airways signed a one-way codeshare agreement to connect the carriers’ networks via New York’s John F. Kennedy International Airport and Washing-ton Dulles International Airport, subject to re-ceipt of government approval. The two airlines have been interline partners since 2011, ena-bling customers to enjoy the convenience of a single combined ticket for Qatar and JetBlue-operated flights, plus other benefits including one-stop check-in and baggage transfer.
WheelTug announced the execution of an-other Slot Purchase Agreement with an un-disclosed Boeing 737NG operator. With 135 new reservations the backlog of WheelTug Aircraft Drive Systems system grows to near-ly four hundred fifty delivery slots already reserved by eight airlines with many others currently under discussions. The WheelTug electric drive system uses high-performance electric motors, installed in the nose gear wheels of an aircraft, to provide full mobility while on the ground, without the use of the aircraft’s jet engines or tugs for both push-back and taxi operations.
OTHER NEWSquarter and year ended December 31, 2012, respectively, compared with total revenues of $6.7m and $24.6m for the same periods a year ago. The year-to-year increases were primarily due to increases in operating lease revenue and maintenance reserves revenue resulting from higher average utilization of the Com-pany’s asset portfolio in the 2012 periods and revenue from assets that were purchased sub-sequent to the 2011 periods. The Company also announced that its credit facility has been amended to, among other things, increase borrowing capacity from $90m to $130m, ex-tend the maturity date to September 30, 2015 and add a participant to the lender syndicate. Union Bank, N.A. is the Lead Arranger and Ad-ministrative Agent for the facility.
Braathens Aviation successfully com-pletes bond issue
Braathens Aviation successfully completed a SEK 300m senior unsecured bond issue in the Nordic bond market with maturity in March 2018. The bond carries an interest of 3-month STIBOR plus 5.75%. An application will be made for the bonds to be listed on the Oslo ABM. The proceeds from the bond issue will be used for part financing of pre-delivery payments in regards to the fleet renewal program, liquid-ity reserve and general corporate purposes.
Monday 15 April 2013Radisson BLU Royal Hotel, Golden Lane, Dublin, 8 CPD Credits for UK Lawyers
Benefits of attending Hear about owner and operator responsibilities Learn about airworthiness management responsibilities Practical experiences of new type introductions Gain an understanding of European legislation
Pratt & Whitney, U.S. Air Force complete first depot overhaul of an F119 engine
Pratt & Whitney, together with its U.S. Air Force partner at the F119 Heavy Maintenance Center (HMC) at Tinker Air Force Base, Okla., celebrated another significant milestone in the F119 program – the completion of the first depot overhaul for the lead-the-fleet “Com-pass Vector” engine which powers the F-22 Raptor. The F119 HMC is an overhaul facility dedicated to the maintenance of F119-PW-100 engines for the fifth generation Raptor. As a center of excel-lence for depot-level support, Pratt & Whitney manages the engine and module repair, technical support and overhaul processes, while Tinker personnel perform overhaul and repair activities, including cleaning and inspection services.
Royal Netherlands Air Force renews maintenance con-tract AFI KLM E&M
The Royal Netherlands Air Force (RNLAF) renewed an exclusive contract with AFI KLM E&M in support of the continuous air-worthiness and maintenance for two KDC-10 Tankers and – until end of operations – one DC-10 Freighter. AFI KLM E&M will han-dle engineering support for the (K)DC-10s. AFI KLM E&M’s role will consist in airworthiness and maintenance engineering, and program management. The work will be carried out at AFI KLM E&M’s Amsterdam workshops. In the event of any one-off needs, AFI KLM E&M staff will carry out work anywhere in the world at the request of the RNLAF.
MILITARY & DEFENSE
Turbine Controls completed the business asset acquisition of World Aircraft Acces-sories and will begin conducting business as Turbine Controls. The newly formed entity will operate as a wholly owned subsidiary of Turbine Controls, Inc. and is located in a recently renovated 25,000 ft² facility within the Miramar Park of Commerce. Capabili-ties include hydraulic, pneumatic, mechanical and electro-mechanical airframe applications covering both narrow and wide body aircraft. This acquisition will enable TCI to offer in-creased value to all of our customers in addi-tion to providing a broad array of engine and airframe solutions in the marketplace.
CAPA and Morten Beyer & Agnew (mba) announced a new partnership whereby mba will be the exclusive supplier of aircraft valu-ation and lease rate data in the new online CAPA Fleet tool. The new global fleet of-fering will be jointly unveiled by CAPA and mba at the upcoming CAPA Aviation Fi-nance Summit – Asia in Singapore on 20/21 March. Welcoming the new partnership, CAPA Executive Chairman, Peter Harbison, said: “We are delighted to be working with Morten Beyer & Agnew, a globally recog-nised and trusted partner for commercial jet valuation and analysis. We look forward to releasing this new online service this month, which promises to deliver an affordable, ro-bust and reliable fleet solution for the com-mercial aviation industry. Following the re-lease of CAPA’s new fleet database, this is an important step in establishing CAPA as a key platform to support the industry in the glo-bal aircraft, aerospace and financing arenas at affordable prices.”
Air Transport Services Group reported the completion of the merger of two of its airline subsidiaries, Air Transport Interna-tional and Capital Cargo International Airlines. The merger creates a single airline, ATI, with its headquarters in Little Rock, Ark., its operations center in Wilmington, Ohio,
March 18, 2013 / Vol. 380
EMRISE CORPORATION, a multi-national manufacturer of defense and aerospace elec-tronic devices and communications equipment, has received a $1.2m order for electronic devices to be used in In-Flight Entertainment and Connectivity (IFE&C) systems to be in-stalled in commercial aircraft. The order was received from a longstanding customer by the Company’s Pascall Electronics Ltd. subsidiary in England. Shipments of the order are expected to commence in the fourth quarter of 2013 and continue through 2014.
IFE Services and TUIfly Nordic are working closely together to bring the best possible IFE experience to the charter airline’s passengers. The IFE package will include a selection of Hollywood and Scandinavian movies and popular TV shows as well as radio channels and music albums from a wide variety of artists. The entertainment offering, which will be available in English, Norwegian, Finnish, Swedish and Danish, will be shown on the embedded seat-back and overhead systems installed onboard the airline’s fleet of B737s and B767s. IFE Services is also managing all of the airline’s digital encoding and audio video on-demand (AVOD) file management requirements. TUIfly Nordic is a charter airline based in Stockholm, Sweden. It operates holiday charter flights from airports in Denmark, Finland, Norway and Sweden to fly holidaymakers to destinations in the Canary Islands, Egypt, Greece, the Mediterranean and Thailand.
IFEs & CONNECTIVITY
and its management team led by ATI Presi-dent Dennis Manibusan. ATI currently oper-ates 13 aircraft, including seven Boeing 767 freighters (five 767-200s and two 767-300s), three Boeing 757 freighters, and three DC-8 combi (combination passenger and main-
deck cargo) aircraft. The three DC-8 combis are to be replaced soon with four Boeing 757 combis. The Air Carrier Certificate for CCIA has been surrendered to the Federal Aviation Administration, and its aircraft leases and other assets transferred to ATI, following that
MAINtag announces new range of FLYtag RFID solutions
MAINtag, a provider of RFID solutions for aerospace including flyable tags, readers, software and services, announced the expansion of its FLYtag range to incorporate both a high temperature and fibre solution. The launch of FLYtag HT and FLYtag fiber comes shortly after the Airbus announcement about its extension of RFID parts-marking, starting in 2013 – which will involve the tagging of 160,000 elements on seats and life vests in new aircraft. MAINtag was founded in 2004 and is renowned for its extensive research and development to stay one step ahead in product development for the maintenance, repair and overhaul (MRO) industry. MAINtag’s FLYtag HT solution MAINtag
agency’s review and approval of the technical aspects of ATI’s airline merger plan. Further, the economic authority for CCIA has been surrendered to the U.S. Department of Trans-portation for cancellation.
ministrator in 1997. Bailey J. Siegfried was added to the NORDAM Board of Directors and promoted to vice president, Global Marketing. Siegfried joined the company in 2008 as part of the Repair Division’s Sales team.
• A J Walter Aviation appointed Christian Duhain as managing director, Asia-Pacific. Based in the Singapore office he moves to this leading role from the position of non-exec-utive director and will use his extensive global experience and significant OEM expertise to spearhead AJW group’s fast developing business interests across the region. This appoint-ment is one of several senior management roles that AJW has identified to enhance its commercial and business capabilities. Duhain was most recently corporate vice president EADS International Development for Asia-Pacific and Latin America, prior to that he held senior positions in Matra Hachette, Aerospatiale Matra and Dassault.
• Cirrus Aircraft co-founder and chief executive officer Dale Klapmeier announced that EVP and chief operating officer Pat Waddick has been named president of the com-pany. Waddick assumes the title of president and COO while Klapmeier remains CEO.
• The EADS Board of Directors accepted the resignation of LutzBertling as chief executive officer of Eurocopter and Member of the EADS Group Executive Committee, effective 30 April 2013. Bertling has been at the helm of the Group’s helicopter Division since Novem-ber 2006 and had recently expressed his desire to depart the Group in pursuit of another professional opportunity in Germany. The EADS Board of Directors has appointed Guillaume Faury to succeed Lutz Bertling. Effective 1 May 2013, Faury joins Eurocopter from Peugeot S.A., where he has served as executive vice president for Research & Development since 2010 and as Member of the Managing Board since 2009.
• The board of directors of Copa Holdings (CPA) appointed Jose Montero as chief financial officer effective March 15th. Montero, currently director of Planning of Copa Airlines, succeeds Victor Vial, who will continue his involvement with the company as advisor to the board of directors.
Technical Aspects of a Leased AssetMaintenance Reserves Training Seminar
Terrass Hotel, Paris, France, 19-20 March, 2013. (Event brochure)
AFCA 2013: Aircraft Finance and Commercial Aviation Barcelona, Spain, 8-10 April 2013. (Event brochure)
EASA Regulations and Continuing AirworthinessRecords Management
Dublin, Ireland, 15-16 April, 2013. (Event brochure)
ISTAT Asia 2013ANA Intercontinental, Tokyo, Japan, 12-14 May, 2013. (Event brochure)
Operating Lease Training Seminar 2013Alexandria, Virginia, USA, 21-23 May, 2013. (Event brochure)
50th Paris International Air ShowLe Bourget, Paris, France, 17-23 June, 2013. (Event brochure)
Click here for more aviation events
Recommended Events
9
March 18, 2013 / Vol. 380
Guillaume FauryEADS
• CEO Meredith Siegfried announced four new vice presidents who have been appointed within the past year within NORDAM’s senior leadership team. Phil Marshall joined NORDAM as vice president and general manager for the Interiors & Structures Division. Marshall’s most recent past positions include vice president of Production Operations for United Launch Alliance, and general manager for Boeing facilities in Decatur, Ala. and Pueblo, Colo. Jodi L. Hacklerwas promoted to vice president, Ethics & Compliance. Hackler came to NOR-DAM in 2011 as director, Compliance & Integrity. Prior to that, she held con-troller posts with Laredo Petroleum and Flint Energy Services. Tim Jackson was promoted to vice president, Information Technology. Previously, Jackson was In-frastructure Services director, a post that followed a series of increasingly senior positions since his hiring as a system ad-
TheAviTraderAircraftandEngineMarketplace Page 1 of 4
Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone
Commercial Jet Aircraft
A310-300F Apollo Aviation Group CF6-80C2 1986 Now Sale / Lease Erik Castillo [email protected] + (305) 579-2340
A320-200 World Star Aviation Services CFM56-5A1 371 1992 Now Lease Garreth Slevin [email protected] +1 415-956-9426
A340-300 Willis Lease CFM56-5C Q2/2013 Sale / Lease Dave Johnson [email protected] +1 415 408 4730
A340-300 Willis Lease CFM56-5C Q2/2013 Sale / Lease Dave Johnson [email protected] +1 415 408 4730
B737-232 Jet Midwest Inc. JT8D-15A 23086 1984 Now Sale / Lease Paul Kraus / Cathy Liu [email protected] +1 310 652 0296
B737-2H4 Jet Midwest JT8D-9A 22062 1980 Now Sale / Lease Paul Kraus / Cathy Liu [email protected] +1 310 652 0296
B737-300 AerSale CFM56-3B1 23440 1986 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238
B737-300 AerSale CFM56-3B1 23441 1986 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238
B737-300 World Star Aviation Services CFM56-3C1 28738 1998 Mid 2013 Lease Garreth Slevin [email protected] +1 415-956-9426
B737-300 World Star Aviation Services CFM56-3C1 28872 1998 Spring 13 Lease Tommy Guttman tguttman@worldstaraviation com +972-5-4422-0000B737-300 World Star Aviation Services CFM56-3C1 28872 1998 Spring 13 Lease Tommy Guttman [email protected] +972-5-4422-0000
B737-300 ORIX Aviation CFM56-3B2 28560 1997 Nov 2014 Sale Dave Houlihan [email protected] +353 87 2458418
B737-300 ORIX Aviation CFM56-3B2 28567 1997 Nov 2014 Lease Dave Houlihan [email protected] +353 87 2458418
B737-300F ORIX Aviation CFM56-3B1 24710 1990 Q3/2013 Sale Dave Houlihan [email protected] +353 87 2458418
B747-400 AerSale PW4056 25699 1993 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238
B747-400ERF Amentum Capital CF6-80C2B5F 37303 2009 Now Sale Noel Healy [email protected] +353 1 639 8111
B747-400ERF Amentum Capital CF6-80C2B5F 35172 2007 Now Sale Noel Healy [email protected] +353 1 639 8111
B747-400ERF Amentum Capital CF6-80C2B5F 35170 2007 Now Lease Noel Healy [email protected] +353 1 639 8111
B757-200 mba- Aircraft Solutions RB211-535E4B 24590 1990 Now Sale Jacob Agnew [email protected] +1 703-276-3202
B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Now Lease Garreth Slevin [email protected] +1 415-956-9426
B757-200 Aerolease Aviation, LLC PW2040 24749 1990 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 25436 1991 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 25437 1991 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 25438 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 25439 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 25440 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 25441 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 25901 1992 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation LLC PW2040 26433 1993 Now Sale / Lease Jep Thornton jep@aerolease com +1 407-782-7600B757-200 Aerolease Aviation, LLC PW2040 26433 1993 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 26434 1993 Feb 2013 Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200 Aerolease Aviation, LLC PW2040 26435 1993 Now Sale / Lease Jep Thornton [email protected] +1 407-782-7600
B757-200F AerSale RB211-535E4 23767 1987 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238
B767-200ER Jet Midwest Inc. PW4056 24007 1988 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
B767-200ER Jet Midwest Inc. JT9D-7R4D 24325 1989 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
B767-200ER Jet Midwest Inc. JT9D-7R4D 24145 1988 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
B767-222 Jet Asia Aiways Co. Ltd. JT9D-7R4D 21868 Now ACMI, Wet L. Kevin Lee [email protected] +1 310 944 0327
B767-246 Jet Asia Aiways Co. Ltd. JT9D-7R4D 23214 Now ACMI, Wet L. Kevin Lee [email protected] +1 310 944 0327
B767-300ER AerSale RB211-524H 24338 1990 Now Sale / Lease Bill Kmiotek [email protected] +1 (646) 379-5042@ ( )
B777-2H6ER GA Telesis 28418 1999 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111
DC9-15 Jet Midwest Inc. JT8D-7B 47152 1967 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
DC10-30F Bristol Associates CF6-50C2 47925 1974 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
DC10-30F Bristol Associates CF6-50C2 47929 1975 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
TheAviTraderAircraftandEngineMarketplace Page 2 of 4
Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone
MD82 GA Telesis JT8D-219 49736 1989 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111
MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD82 Jet Midwest Inc. JT8D-219 49325 1986 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD82 Jet Midwest Inc. JT8D-217C 49286 1985 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD82 Jet Midwest Inc. JT8D-217C 49287 1985 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD82 Jet Midwest Inc JT8D 217C 49342 1987 Now Sale / Lease Paul Kraus paul kraus@jetmidwest com +1 310 652 0296
Commercial Jet Aircraft (cont.)
March 18, 2013
MD82 Jet Midwest Inc. JT8D-217C 49342 1987 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD83 Wayzata JT8D-219 53022 1990 Now Sale David Dotzenroth [email protected] +1 952-345-0739
MD83 Wayzata No Engines 53472 1997 Now Sale David Dotzenroth [email protected] +1 952-345-0739
MD83 Wayzata No Engines 53473 1997 Now Sale David Dotzenroth [email protected] +1 952-345-0739
MD83 World Star Aviation Services JT8D-219 49808 1991 Now Lease Garreth Slevin [email protected] +1 415-956-9426
MD83 Jet Midwest Inc. JT8D-219 53189 1995 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD83 Jet Midwest Inc. JT8D-219 49663 1987 Now Sale / Lease Paul Kraus [email protected] +1 310 652 0296
MD90-30 AerSale V2528-D5 53493 1998 Now Sale / Lease Shane O´Connell [email protected] +353 (87) 0638243
MD90-30 AerSale V2528-D5 53497 1998 Now Sale / Lease Shane O´Connell [email protected] +353 (87) 0638243MD90 30 AerSale V2528 D5 53497 1998 Now Sale / Lease Shane O Connell [email protected] 353 (87) 0638243
MD90-30 AerSale V2528-D5 53506 1998 Now Sale / Lease Aidan Harrison [email protected] +353 (86) 3890787
Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email PhoneATR42-300 Willis Lease PW121 Now Sale / Lease Dave Johnson [email protected] +1 415 408 4730
ATR72-200 Willis Lease PW124B Now Sale / Lease Dave Johnson [email protected] +1 415 408 4730
CRJ200LR GA Telesis CF34-3B1 7295 1999 Now Sale / Lease Harris Koutounidis [email protected] +1 954 676 3111
ERJ-135ER Bristol Associates 145176 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
ERJ-135ER Bristol Associates 145186 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
ERJ 135ER B i t l A i t 145192 1999 N S l Ed M N i / P t S idlit b i t l@b i t l i t 1 202 682 4000
Regional Jet / Turboprop Aircraft
ERJ-135ER Bristol Associates 145192 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
ERJ-135LR Bristol Associates 145332 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
ERJ-135LR Bristol Associates 145334 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
ERJ-135LR Bristol Associates 145323 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000
C t t E il Ph
Commerical EnginesCS l / LE i T Contact Email Phone
Description Contact Email Phone(1) 737-400 airframe wanted for tear-down purpose, any year of manufacture Jet Midwest Cathy Liu [email protected] +1 310-652-0296
WantedCompany
Shannon, IrelandMagellan Group
APU GTCP36-150RJ (CRJ 100/200) SVC- available now – sale/lease/exch.APU T62-T-46C12 (Dash 8 Q400) SVC – available now - sale/exchange
