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AviTrader Weekly News 2018-01-22

AviTrader Weekly News 2018-01-22

Monarch Aircraft

Monarch Aircraft Engineering WEEKLY AVIATION HEADLINES 6 MRO & PRODUCTION NEWS Lufthansa Technik Logistik Services on the way to digital warehouse area, able to accommodate ATR to the Airbus A350 aircraft. Roll-Royce selects StandardAero for RB211- 535E4 engine MRO services partnership StandardAero has signed a Letter of Intent with Rolls-Royce to provide engine MRO services for the RB211-535E4 program for the life of the engine type. This award designates StandardAero as the Rolls-Royce end-of-life engine maintenance service partner. Rolls-Royce RB211-535E4 engines are anticipated to remain in commercial airline service until the year 2040. StandardAero will service these engines at its San Antonio, Texas facility, where the company recently acquired a long-term lease for its existing facilities, previously leased by Kelly Air Center, and expanded space to provide more capacity for engine MRO growth. Moreover, the expanded lease space also includes four additional engine test cells to support higher thrust class and afterburning turbofan engines. “The RB211-535E4 engine will be the highest thrust engine in StandardAero’s commercial MRO portfolio,” said Peter Turner, President of StandardAero’s Airlines and Fleets division. RB211-535E4 engines are capable of generating 40,100 to 43,100 pounds thrust, and power the Boeing 757 aircraft, which is flown by many of the world’s major airlines, with half of the fleet in-service in North America. Boeing and Adient combine to manufacture airplane seats Boeing is entering into a joint venture with automotive seat manufacturer Adient to develop and produce airplane seats. Boeing will hold a 49.99 percent stake in the new company, Adient Aerospace, which will be located in Kaiserslautern, near Frankfurt, Germany. The move comes at a time when the aerospace industry is witnessing a number of companies teaming up together to supply and manufacture aircraft components. In September, United Technologies announced it was buying Rockwell Collins, which makes airplane engines, while Rockwell had announced its intention to buy airplane seat manu- Smart data glove Lufthansa Technik Logistik Services (LTLS) is driving digitalization forward by purposefully using Internet of Things (IoT) technologies. The aim is to improve the efficiency of operational processes and lay the foundation for reducing the workload of employees. For this purpose, the wholly owned subsidiary of Lufthansa Technik AG has launched a targeted warehousing program as part of its digitalization strategy. Within the framework of this program, fundamental processes in all areas will be automated, digitalized and interconnected. The pilot location for the digital warehouse is Munich Airport, which is particularly suitable due to its strong growth and modern infrastructure, as well as the fact that new aircraft types such as the Airbus A350 are stationed there. “We are currently testing and starting to implement digital assistance systems, localization technologies and driverless transport systems in selected areas of activity. We cooperate with specific start-ups. For instance, we are introducing the smart data glove of Proglove as well as an automated guided vehicle of Agilox” said Dr. Harald Kolbe, Head of Digital Innovation at LTLS. Core logistics processes are not only being digitalized in Munich, but also at other locations, such as Frankfurt and Hamburg. The ultimate goal is to implement efficient processes at all locations. To keep realizing new ideas at short intervals and with great speed, LTLS relies on agile project management. But cooperation with start-ups and the implementation of a group-wide innovation culture at all hierarchical levels are also important elements on the way to a digital warehouse. Photo: Lufthansa Technik facturer B/E Aerospace the previous year. Zodiac Aerospace, the French aircraft interiors group is being taken over by French aero-engine maker Safran this year in an €8.7bn (US$10.4bn) deal that will create one of the world’s biggest aerospace suppliers with annual revenues of €21bn (US$25bn). Boeing sees this as an opportunity to avoid problems created by tardy delivery of seats for the company’s current record numbers of jet sales, a problem which has recently plagued rival airline Airbus. Both Boeing’s 777 and Airbus’ marquee A350 were affected by delays of seat deliveries from Zodiac Aerospace. According to Kevin Schemm, chief financial officer for Boeing Commercial Airplanes: “Seats have been a persistent challenge for our customers, the

WEEKLY AVIATION HEADLINES 7 MRO & PRODUCTION NEWS industry and Boeing, and we are taking action to help address constraints in the market.” Boeing has the potential to now reap the benefits of a recurring revenue as, according to Henry Harteveldt, founder of the Atmosphere Research Group “An airline might be buying an airplane every 20 years,” adding that airlines refurbish their cabins generally within a decade. It is understood that the airplane seating market is worth an estimated US$4.5 billion annually. Honeywell supplies United Airlines with cockpit technologies for new Boeing 737 MAX airplanes Multiple Honeywell cockpit technologies have been selected by United Airlines to outfit its new fleet of more than 150 Boeing 737 MAX airplanes. The flight deck package will include the first installment of Honeywell’s SmartRunway® and Smart- Landing® on a Boeing 737 MAX and will feature Honeywell’s IntuVue® RDR-4000 3D Weather Radar System and Integrated Multi-Mode Receiver. These solutions work in tandem to greatly improve passenger safety and comfort during takeoff, landing and potentially hazardous weather conditions. “Poor weather conditions and runway incursions are major concerns for the commercial aviation industry. Solutions such as IntuVue, SmartRunway and SmartLanding can prevent these incidents from occurring by providing pilots with the information they need to make avoidance decisions quicker,” said Carl Esposito, president, Electronic Solutions, Honeywell Aerospace. “This technology is especially important for airlines such as United that fly many routes through diverse weather patterns. It allows them to be prepared for anything and stay operational, so passengers reach their destinations as quickly and safely as possible.” AerSale to provide MRO services for Orbis Flying Eye Hospital Obis Flying Eye Hospital Photo: AerSale AerSale, a global supplier of mid-life aircraft, engines, used serviceable material (USM), and MRO services, has reported that it is servicing the Orbis Flying Eye Hospital at its Goodyear, Arizona, MRO facility. The aircraft will undergo a routine maintenance C check, which requires a large majority of an aircraft’s components to be inspected. The Orbis Flying Eye Hospital, a high-profile aircraft housing a state-of-the-art teaching facility, complete with operating room, classroom, and recovery room, travels the world in a global effort to end avoidable blindness. The working hospital flies to low- and middle-income countries, provides specialist training for local doctors and nurses, and performs sight-saving surgeries. FINANCIAL NEWS Ethiopian partners with Zambian Government for re-launch of Zambia Airways Ethiopian Airlines has finalized ashareholders agreement with the Government of Zambia for the re-launch of Zambia Airways. The Government of Zambia will be the majority shareholder with 55%, and Ethiopian will have a 45% stake in the airline. The airline is initially meant to serve national and regional destinations before embarking on international flights. Tewolde Gebremariam, Group CEO of Ethiopian Airlines remarked: “In line with our Vision 2025 multiple hubs strategy in Africa, we are very happy that the discussions with the Zambian government have been crowned with success. The launching of Zambia Airways will enable the travelling public in Zambia and the Southern African region to enjoy greater connectivity options, thereby facilitating the flow of investment, trade and tourism, and contributing to the socio-economic growth of the country and the region.” DAE Capital launches third-party aviation asset management unit DAE Capital, Dubai Aerospace Enterprise’s leasing division, has reported the creation of DAE Aircraft Investor Services (DAE-AIS), a separate unit dedicated to servicing the needs of debt and equity investors in aviation assets. DAE-AIS will leverage DAE’s full-service, global platform to provide bespoke asset management solutions to investors in aviation assets, provide investors a single point of contact dedicated to championing their interests within the wider DAE platform and ensure a best-in-class standard of Aviation Training & Events OPERATING LEASE TRAINING SEMINAR Everest Events @everestevents Everest Events 20-22 March 2018, Hilton Garden Inn Hotel, Downtown Dallas, Texas How to Structure, Finance and Administer and Aircraft Operating Lease

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