AviTrader Weekly News 2017-09-25

More documents

Recommendations

Info

WEEKLY AVIATION HEADLINES 10 Military and Defence Pratt & Whitney successfully completes testing on F135 engine with adaptive fan Pratt & Whitney has successfully completed testing of an adaptive three-stream fan in an engine with an F135 core as part of the U.S. Air Force Research Laboratory’s Adaptive Engine Technology Development (AETD) program. Successful testing of the three-stream engine architecture demonstrates Pratt & Whitney is well positioned to transition adaptive engine technology to meet future U.S. Air Force requirements for combat aircraft propulsion. “Preliminary data from the test indicates our threestream fan has met or exceeded expectations with respect to performance as well as the integrity of the turbofan machinery and fan module,” said Matthew Bromberg, president, Pratt & Whitney Military Engines. “This is an important milestone on the path toward the advancement and maturation of a next-generation adaptive engine which will enable the warfighter to stay well ahead of future and emerging threats.” Northrop Grumman to acquire Orbital ATK for US$9.2bn Northrop Grumman Corporation, a leading global security company, and Orbital ATK, a global leader in aerospace and defense technologies, have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately US$7.8bn in cash, plus the assumption of US$1.4bn in net debt. Orbital ATK shareholders will receive an all-cash consideration of US$134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval. Boeing selects Triumph Group as major supplier for U.S. Air Force T-X Offer Boeing has selected Triumph Group as a major supplier for its T-X Air Force training jet. If the Air Force awards the contract to Boeing, Triumph’s Aerospace Structures business unit, located in Red Oak, Texas, will supply the wing, vertical tail and horizontal tail structures, with opportunities for additional work, generating 950 direct and indirect jobs. This announcement follows Boeing’s May 15 decision to assemble T-X at its St. Louis facility. The first two new, purpose-built T-X aircraft have proven the design’s low-risk, performance and repeat-ability in manufacturing. “Boeing T-X is a new, flexible design that meets the requirements of the U.S. Air Force,” said Karl Jeppesen, vice president of Supplier Management for Boeing Defense, Space & Security. “Triumph Group is a long-standing supplier to Boeing, teaming with us on iconic programs such as V-22 Osprey and C-17 Globemaster III. It takes partnerships like this to win and position us for a bold, bright future, and we are proud to welcome Triumph as a major supplier and member of this team.” OTHER NEWS The General Superintendence (SG) of the Administrative Council for Economic Defense (CADE) in Brazil has made a recommendation to the antitrust regulator’s Administrative Tribunal to approve the Joint Business Agreement (JBA) between American Airlines and LATAM Airlines Group. American’s JBA with LATAM has already received approvals from aviation authorities in Uruguay and Colombia. After conducting a comprehensive review of the agreement and its impact on competition, the SG published its findings on September 14, and has recommended unconditional approval. CADE’s Tribunal has until Sept. 29 to indicate whether it is inclined to also review the matter. If it does not, the recommendation becomes final. American Airlines will continue to actively collaborate with the relevant authorities in other jurisdictions reviewing the JBA and provide all necessary supporting information. Delta Air Lines and the Pittsburgh Institute of Aeronautics (PIA) have announced an education partnership designed to fill demand for qualified aviation maintenance technicians. PIA’s campuses in Pittsburgh, Youngstown, Hagerstown and Myrtle Beach have been selected as four of approximately 40 aircraft maintenance schools to partner with Delta in an effort to find the schools whose graduates are able to meet or exceed their high expectations. Over 100 criteria were used in Delta’s selection process, including equipment and facilities, level of hands-on-training, and quality of teaching. Industry growth, increasing retirements, a decline in students seeking an education in skilled trades are factors contributing to an increasing demand for aviation maintenance technicians (AMTs). PIA strives to provide successful career opportunities for graduates and this joint effort with Delta will continue to support the school’s mission. In order for an aircraft to leave the ground, whether it is a blimp, helicopter, or fixed-wing aircraft, any maintenance must generally be signed off by a certified FAA Airframe and Powerplant (A&P) technician. According to Boeing’s 2016 Pilot and Technician Outlook, over 118,000 newly hired A&P technicians are needed by 2035 in North America alone. Inmarsat, a leading provider of global mobile satellite communications, has signed a strategic agreement with Rockwell Collins for the global distribution of its next-generation SwiftBroadband-Safety (SB-S) flightdeck connectivity solution. The agreement builds on a successful long-term strategic relationship between the two companies and will bring new levels of safety and operational efficiency to the aviation industry. SB-S is the first secure communications system for the flight deck and meets stringent aviation requirements for safety and operational data exchange with the ground. Its global coverage is Future Air Navigation System (FANS) 1/A compliant and delivers Aircraft Communications Addressing and Reporting System (ACARS) and safety and operational services over a robust, secured IP data link as well as multiple voice channels. SB-S hardware is smaller, lighter and has a lower cost of ownership than other market alternatives, saving space and weight, reducing fuel burn and making it suitable for all single-aisle and wide-bodied aircraft. Porter Airlines is establishing a crew base in Thunder Bay, Ont., as of January 2018. The move creates at least 40 local jobs for pilots and flight attendants. It is the first such base in Northern Ontario for any large commercially scheduled airline. Porter has operated in Thunder Bay since 2008. Its presence has grown over the years to a current schedule of up to six daily flights to Billy Bishop Toronto City Airport. Connecting flights reach throughout the airline’s network of more than 20 other destinations, including Ottawa, Montreal, Boston, New York and Chicago. One day after United Airlines announced its plans to retire its Boeing 747s, Delta Air Lines has announced that it is preparing to say goodbye to its own fleet of Boeing 747s later this year. No final date has been set for Delta’s final international 747 flight, but it will happen sometime later this year. United’s final international 747 flight from Seoul to San Francisco will depart October 29. Eastman Turbo Oil 2197 has achieved more than 400 million engine/accessory hours of successful operation as of August 2017. The 400-million-hour milestone demonstrates the product’s proven performance and trusted reliability throughout the aviation industry. ETO 2197 was designed to exceed the demands of current and future turbine engines, and is the oil of choice for any aircraft that operates on High-Performance Capable (HPC) oils. Eastman Turbo Oil 2197 was the first oil approved to the AS5780 specification, providing performance levels that exceeded thermal stability and cleanliness requirements of HPC class within that specification. Approved by leading engine manufacturers for all narrow- and wide-body commercial aircraft, Eastman Turbo Oil 2197 is also qualified to MIL-PRF-23699 High Thermal Stability (HTS) class. WestJet has held a ground breaking ceremony on its new CA$50m hangar project at YYC Calgary International Airport, that will support the airline’s ongoing fleet expansion and growth of its Cal-
WEEKLY AVIATION HEADLINES 11 OTHER NEWS gary hub. The hangar, once complete, will occupy 125,000 ft², accommodate its new Boeing 787-9 Dreamliner aircraft and stand eight stories tall. In addition, the building will have two floors of office space to hold approximately 130 work stations. Construction is expected to be completed in the spring of 2019. Eurowings, the long- and short-haul low-cost subsidiary of Lufthansa, has struck a timely deal with the Verdi union to allow the hiring of new cabin crew at very short notice. Although Eurowings has made no mention of acquiring staff from the now insolvent Air Berlin, last month it began a recruitment drive to take on approximately 200 new pilots and 400 cabin crew, all of whom need to be qualified to fly and crew Airbus A320 aircraft. Currently, the airline has received over 1,000 applications and, coincidentally, the A320 is a jet also flown by Air Berlin. According to Eurowings, the company has also struck a similar deal with the UFO union, which also represents cabin crew. Having met with success with Verdi, Eurowings has talks planned with Vereinigung Cockpit, the German pilots’ union, with a view to striking the same agreement, enabling the airline to hire pilots and first officers with very short notice. A creditors’ meeting has been held on September 21 to decide the fate of Air Berlin, while Verdi has said that it expects a large proportion of the 8,000-strong Air Berlin workforce to be unable to get new jobs. INDUSTRY PEOPLE • Constant Aviation, a full-service MRO with a nationwide network, has reported that Mark Larsen has joined the senior leadership team as the company’s Vice President of Sales. Larsen Mark Larsen will lead all aspects of sales operations, including regional sales for maintenance, completions and modifications sales. He succeeds Jay Rizzo, who was recently promoted to the role of Executive Vice President for Strategic Sales across all company brands. • One of Europe’s leading data science technology companies, Black Swan Data, has announced the appointment of Patrick Prefontaine as Chief Commercial Officer at Black Swan Avionics (BSA). Patrick’s appointment is part of the ongoing growth of INDUSTRY PEOPLE BSA and its innovative work, including delivering inflight solutions for the 2017 launch of LEVEL, the International Airlines Group’s (IAG) new long-haul, low cost airline brand. Patrick has over 15 years in management and board-level roles at international online media and emerging technology businesses. He joins BSA from his previous position of President of DTI Solutions, a global supplier of In-Flight Entertainment (IFE) interactive software applications. • Cédric Halé has been appointed Safran Nacelles’ Human Resources Director. A member of the company’s Executive Committee and directly answering to Safran Nacelles CEO Jean- Cédric Halé Paul Alary, he will supervise all human resources activities relating to Safran Nacelles and its sites. • The European Regions Airline Association (ERA) has appointed Montserrat Barriga as its new Director General. Montserrat Barriga, who previously worked for ERA member airline Binter, where she was Director, International Development & Industry Affairs, has substantial experience within the aviation industry. She will be taking up her position at the association on November 1, 2017. Recommended Events Dubai Airshow 2017 November 12, 2017 – November 16, 2017 Aircraft Economic Life Summit 2017 November 28, 2017 - Gibson Hotel, Dublin, Ireland Operating Lease Seminar 2018 March 20, 2018 - Hilton Garden Inn Hotel, Dallas Aircraft Records & Total Asset Management Seminar 2018 April 18, 2018 - Gibson Hotel, Dublin, Ireland Technical Aspects of a Leased Asset 2018 June 5, 2018 - Jury’s Inn Hotel, Prague Maintenance Reserves Seminar 2018 June 6, 2018 - Jury’s Inn Hotel, Prague STARMAN AUCTIONS Dyna-Tech Aviation Services, Inc. September 30th, 2017 ~ Omaha (Millard Airport), Nebraska 68137 Click here for more aviation events AviTrader Publications Corp. Suite 305, South Tower 5811 Cooney Road Richmond, BC Canada V6X 3M1 Publisher Peter Jorssen Tel: +1 604 318 5207 Editor Heike Tamm editor@avitrader.com Tel: +34 (0) 971 612 130 Advertising Inquiries and Customer Support Jenny Vogel jenny.vogel@avitrader.com Tel: + 49 (0) 8761 346 007 For inquiries and comments, please email: editor@avitrader.com
Page 1 and 2: ISSN 1718-7966 September 25, 2017/
Page 3 and 4: WEEKLY AVIATION HEADLINES 3 ...cont
Page 5 and 6: WEEKLY AVIATION HEADLINES 5 AIRCRAF
Page 7 and 8: WEEKLY AVIATION HEADLINES 7 MRO & P
Page 9: WEEKLY AVIATION HEADLINES 9 FINANCI
Page 13 and 14: THE AIRCRAFT AND ENGINE MARKETPLACE
Page 15: THE AIRCRAFT AND ENGINE MARKETPLACE

AviTrader Weekly News 2017-09-25

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?