AviTrader_Weekly_Headline_News_2014-06-30

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AviTrader WEEKLY AVIATION HEADLINES 8 on AAR’s recent progress in establishing a foothold in Africa. Last year, AAR fulfilled a contract to service landing gear on Kenya Airways’ Boeing 777s. AAR also supplies cargo systems for South African Airways and participated in the MRO Africa Conference and Exhibition in Ethiopia, focused on the build-out of Africa’s aviation industry. FINANCIAL NEWS Etihad Airways to acquire 49% equity stake in Alitalia Alitalia and Etihad Airways agreed the principal terms and conditions of a proposed transaction whereby Etihad Airways will acquire a 49% equity stake in Alitalia. The airlines will now move to finalise the transactional documents, that will include the agreed upon conditions, as soon as possible. Upon confirmation by the Board of Alitalia and its stakeholders of their acceptance of the terms, the airlines will proceed to final documentation in order to complete the proposed transaction, in line with EU and other regulatory requirements. Gabriele Del Torchio, chief executive officer of Alitalia, said: “This in an excellent outcome for Alitalia. This investment will provide financial stability and confirms Alitalia’s key strategic role as an infrastructure player in the travel and tourism industry in Italy for long-term growth. Virgin America reports first quarter 2014 financial results Virgin America reported its financial results for the first quarter of 2014. The airline significantly narrowed its net loss from the same period in 2013 with a 51.8% year-over-year improvement. Virgin America reported total operating revenue of $313.4m, an increase of 4.0% over the first quarter of 2013. First quarter 2014 operating loss of $13.1m was First South Korean F-16s arrive at BAE Systems for upgrades BAE Systems begun to upgrade 134 South Korean F-16 aircraft in partnership with the U.S. Air Force. Two of the F-16s recently arrived at the company’s modification facility at Alliance Airport in Fort Worth, Texas, where they will be equipped with advanced weapons and next-generation avionics, including advanced mission computers, new cockpit displays, and advanced radars and targeting sensors. The work is part of a Foreign Military Sales program for the Republic of Korea’s fleet of KF-16C/ D Block 52 aircraft over several years. With a contract now in place, the program marks the first time a non-original equipment manufacturer is perform- BAE Systems will upgrade 134 South Korean F-16 aircraft in partnership with the U.S. Air Force BAE Systems ing a major upgrade for a 4th-generation U.S. fighter jet. The company is also offering similar capabilities to other countries around the world in need of F-16 upgrades. a $1.9m improvement over Virgin America’s operating loss in the year prior. Operating margin improved by 0.8% year-over-year. Virgin America reported a net loss of $22.4m for the quarter, compared to a net loss a year ago of $46.4m, resulting in a $24.0m year-overyear improvement. Unrestricted cash was $132.9m as of March 31st, 2014, an increase of $74.8m since March 31st, 2013. MILITARY & DEFENSE NHI announces 200th NH90 helicopter delivery NHI announced the 200th NH90 helicopter delivery. The 200th NH90, a TTH (Tactical Transport Helicopter) variant, was delivered officially to Belgian Defence and will be oper- ated from Beauvechain Air Force Base by the 1st Wing. The handover ceremony took place during the annual NH90 Product Conference being held this year at the German Army Aviation School in Bückeburg, where the whole NH90 community of users and industry is gathered to share their experiences. Boeing signs rotorcraft maintenance agreements with Royal Netherlands Air Force, Fokker Boeing signed separate agreements with the Royal Netherlands Air Force (RNLAF) and Fokker Technologies to explore advanced maintenance opportunities for Dutch rotorcraft and expand efforts to make the Netherlands a regional hub for military and civilian aircraft support services. Boeing and the RNLAF signed a strategic partnership BEHIND EVERY GREAT AIRLINE, THERE’S AN MRO PIT CREW WHO KEEPS YOUR PLANES AND PROFITS SOARING. With 50 years of continuous innovation and proven aircraft support, PEMCO offers seamless integration of services, among the most reliable in the industry. It’s MRO that you can depend on. Every plane. Every time. www.PemcoAir.com
AviTrader WEEKLY AVIATION HEADLINES 9 agreement that builds on an existing support contract for Dutch AH-64 Apache and CH-47 Chinook helicopters to identify new areas of long-term cooperation. Opportunities under consideration include adding components to the existing contract; engaging Dutch suppliers for maintenance, repair and overhaul work; and expanding use of the Logistics Center Woensdrecht, the Ministry of Defence’s center of expertise for military MRO and logistics. Boeing and Fokker Technologies have signed a memorandum of understanding to help advance the goals outlined in the agreement with the RNLAF. It enables the companies to explore collaboration on maintenance, repair and overhaul in the Netherlands for Dutch rotorcraft and other customers. OTHER NEWS Air France inaugurated its first Boeing 777 equipped with its new cabins. Flight AF008 took off from Paris-Charles de Gaulle on June 24th for New York. For the first time, customers were able to enjoy the new Economy cabin, offering optimum travel comfort, and Premium Economy, with 40% additional space. They also discovered the new Business class, a real cocoon in the sky. These cabins are being progressively installed on 44 Boeing 777, the heart of Air France’s long-haul fleet. The Group had already announced an investment of €700m in new cabins, including €500m for Air France and €200m for KLM. With the planned upgrading of both airlines’ Airbus A330 and Air France’s A380 over the next few years, the Air France-KLM Group will invest a total of more than €1bn INFORMATION TECHNOLOGY • Finavia and Estonian Air Navigation Services (EANS) increased the compatibility of their air traffic control systems and improved the efficiency of information exchange related to air traffic control. They are the first air navigation services providers in the world to extensively introduce enhanced On-Line Data Interchange (OLDI) functionalities between different countries. The improved functionality will increase air traffic control capacity and improve efficiency, benefitting both airlines and passengers. • SR Technics and Swiss AviationSoftware jointly implemented integrated system interfaces between AMOS and SR Technics’ SAP. The new functionalities cover customer requirements for an “all in one” system solution and will improve efficiency, transparency and ultimately on-time-delivery. Four interfaces mark the start of further interface functionalities planned for upcoming AMOS releases between fall 2014 and spring 2015. All functionalities will provide enhanced levels of service to customers in areas extending from Component Services to Aircraft Services. • Heliconia Group chose to implement ADSoftware’s AirPack MRO software solution, following the company’s latest Business Intelligence and Data Exchange technology upgrade. Heliconia has implemented all the six AirPack modules with the main focus being on maintenance management, logistics and airworthiness management in accordance with EASA and FAA standards. “ADSoftware’s solution has given us a lot of comfort and security when it comes to airworthiness management, because everyone anywhere can access the needed information in real time”, said Valéry Nabholtz, CFO of Heliconia. by 2017 in the upgrading of its products and services for its customers. Condor added Sun Country Airlines as an interline partner that expands its reach to popular American destinations through Minneapolis-St. Paul International Airport. Condor passengers can now fly non-stop from Frankfurt to Minneapolis-St. Paul International Airport Terminal 2 on Mondays and Thursdays, then take connecting Sun Country flights to cities such as Dallas/Ft.Worth (DFW), Seattle (SEA), Los Angeles (LAX) or Chicago (MDW). Further, expansion of markets is planned for the summer of 2015. DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, signed a contract with aircraft manufacturer Airbus to provide transportation of A319, A320 and A321 aircraft components and general cargo from the Airbus production SAA Technical (SOC) Limited (Reg. No 1999/024058/30) Situated at OR Tambo International Airport Republic of South Africa (Hereinafter referred to as “SAAT”) REQUEST FOR BID (RFB) FOR THE FOLLOWING: _____________________________________________________ RFB NO. SAAT 005/14 Type II Turbo Oil 2197 Enquiries may be directed ONLY in writing to the Project Manager: Rohit Hansjee – Rohithansjee@flysaa.com Fax No.: +27 11 978 2638 _____________________________________________________________ SAAT hereby invites suitably qualified suppliers to tender for the above request. RFB documents will be made available for download on www.flysaa.com (Click on “About Us”, then “SAA Tenders”) from Tuesday 1 July 2014 The submission closing date for the RFB is 15 July 2014, 11h00 (GMT). No late submissions will be considered.
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AviTrader_Weekly_Headline_News_2014-06-30

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