Daily2018-02-20

LATEST NEWS

Monday, July 8th, 2019

Saudi flyadeal switches from Boeing Max order to Airbus A320neo

Saudi low-cost carrier flyadeal has announced that it will order 30 A320neo aircraft and options for a further 20 A320neo family aircraft, in response to continuing growth in passenger demand across domestic, regional and international routes. Deliveries of the flyadeal aircraft will commence in 2021.

The allocation of the new aircraft to flyadeal follows from the agreement which Saudi Arabian Airlines Corporation (SAUDIA) signed during the Paris Air Show in June this year. This order will result in flyadeal operating an all- Airbus A320 fleet in the future.

Originally flyadeal had selected 30 Boeing 737 Max 8s plus options on another 20 for its fleet-expansion but hadn't finalize the order before the grounding of the MAX in March.

TP Aerospace

Mackay named second site in Queensland for Qantas Group Pilot Academy

With the first Qantas Group Pilot Academy due to become operational this September at Toowoomba, Southern Queensland, Australia, Qantas Group has announced that a second pilot training academy is to be built at Mackay, Queensland. The location was chosen primarily for its high proportion of clear-weather days, access to uncongested airspace, good support infrastructure and its appealing location to attract both students and training staff. This now draws to a conclusion the choice for the two pilot academies from an initial list of 60 potential sites.

The creation of the two academies is part of Qantas Group’s strategy to create a strong supply of trained pilots over the coming years. Estimates put the future demand for new, qualified pilots at 790,000 on a global basis over the next 20 years, with one in three of those operating in the Asia Pacific region.

LCI successfully closes US$75 million financing facility

Lease Corporation International (LCI), the aviation division of the Libra Group, has successfully closed a new asset-backed helicopter financing facility in excess of US$75 million.

The new facility, led by CaixaBank along with a consortium of financial institutions, was arranged by National Westminster Bank Plc as part of an oversubscribed financing, and will be used to support the continuing growth of LCI’s helicopter fleet for civilian use.

The new arrangement is CaixaBank’s first with LCI, and follows the successful closing of a similar facility earlier this year with Close Brothers Aviation and Marine.

LCI’s fleet, which comprises approximately US$1 billion of assets in service, on order and under management, is focused on the latest technology light-twin, medium and super medium helicopters manufactured by the leading helicopter OEMs, including Leonardo, Airbus and Sikorsky.

GA Telesis

SMBC Aviation Capital delivers Airbus A320-200 to Batik Air

SMBC Aviation Capital has announced the delivery of one Airbus A320-200 aircraft (MSN 8942) equipped with two CFM56-5B4/3 engines to Batik Air, a member of the Lion Air Group. The aircraft and associated engines were delivered while located at the Airbus delivery centre in Hamburg, Germany. This is the 3rd aircraft delivered to the Lion Air group in 2019.

Air France KLM post June load factor of 90.7%

Air France KLM has posted its total group passenger activity (Air France, KLM and Transavia) for June 2019. Traffic for the month increased 4.2%, while capacity was up 2.5% compared to the previous year. The load factor improved 1.5 points to 90.7%.

First Royal Canadian Air Force C295 makes maiden flight

The first Airbus C295, purchased by the Government of Canada for the Royal Canadian Air Force’s (RCAF) Fixed Wing Search and Rescue Aircraft Replacement (FWSAR) program, has completed its maiden flight, marking a key milestone towards delivery by the end of 2019 to begin operational testing by the RCAF.

The contract, awarded in December 2016, includes 16 C295 aircraft and all In-Service Support elements including, training and engineering services, the construction of a new Training Centre in Comox, British Columbia, and maintenance and support services.

The aircraft will be based where search and rescue squadrons are currently located: Comox, British Columbia; Winnipeg, Manitoba; Trenton, Ontario; and Greenwood, Nova Scotia.

ePlane

TransNusa Aviation Mandiri takes delivery of one ATR 72-600 on lease from NAC

Nordic Aviation Capital has delivered one ATR 72-600, MSN 1286, to PT Transnusa Aviation Mandiri on lease.

TransNusa is a privately held, regional airline operating scheduled domestic services from its main base at Makasar Sultan Hasanuddin International Airport and other bases at Kupang and Balikpapan to points in Nusa Tenggara, Kalimantan and Sulawesi. Starting June, the airline serves scheduled international flight between Kupang, Indonesia to Dili, Timor Leste. By the end of 2019, TransNusa will operate 10 ATR aircraft and 31 routes connecting towns/cities in Kalimantan and Sulawesi.

Airbus Defense and Space gets new President

Airbus has appointed Chris Emerson President of Airbus Defense and Space, a subsidiary of Airbus Americas, effective July 1, 2019. Emerson previously served as President of Airbus Helicopters and head of the North America region.

Emerson’s new role moves him from the Airbus Helicopters headquarters in Grand Prairie, Texas to the Airbus Defense and Space headquarters in Herndon, VA. With this leadership change, Airbus Helicopters government and military programs including the UH-72A Lakota and business functional roles supporting them, will move to Airbus Defense and Space, reporting to Emerson. The programs and employees transitioning to Airbus Defense and Space will continue operations in Grand Prairie, Texas.

Aircrafters

Finnair traffic performance in June 2019

In June, Finnair carried 1,388,000 passengers, 11.9% more than in the corresponding period of 2018. The overall capacity increased in June by 11.2% while Finnair's traffic increased by 12.2%. The Passenger Load Factor increased year-on-year by 0.8% points to 86.2%.

Mitsubishi Corporation participates in new airport operation project in Mongolia

Mitsubishi Corporation (MC), Narita International Airport Corporation (NAA), Japan Airport Terminal Co., (JATCO), and JALUX Inc. (JALUX) have established a joint venture with the Government of Mongolia: New Ulaanbaatar International Airport (NUBIA). NUBIA has entered into a 15-year concession agreement with the National Development Agency of Mongolia concerning the operation of the New Ulaanbaatar International Airport, which is expected to open in the first half of 2020 upon completion of pre-operation work and relocation from the existing airport.

Demand for air transport in Mongolia is rising, with Ulaanbaatar, its capital and thus most important political, economic and commercial hub, at the center of growth. In 2018, the number of passengers utilizing the existing airport reached 1.42 million, up 14% from the previous year. With continued investment in its abundant coal, mineral and livestock resources, demand for aviation services is expected to increase further in Mongolia and boost the importance of its airports.

While the New Airport is located approximately 50 km south of Ulaanbaatar city, its new geographical location enables aircraft to take off and land from both ends of the runway. This is a significant improvement from the existing airport, where, due to mountains to the south and east, only one end of the runway can be used and flight schedules are more often adversely impacted by weather conditions such as wind direction. The New Airport has been realized through an ODA (Official Development Assistance) yen loan provided by the Government of Japan to the Government of Mongolia.

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