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LATEST NEWS
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Monday, October 10th, 2022
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The UK’s regional carrier Loganair, based in Paisley, Scotland, is to be sold. During a difficult period for the airline industry, the company has been quick to point out that the sale has come about solely for personal reasons of the owners, Stephen and Peter Bond, and not for fiscal reasons.
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Loganair is currently “performing strongly” and is continuing with its fleet renewal strategy, enabling it to continue to perform strongly as the UK’s leading regional carrier. Loganair CEO Jonathan Hinkles has confirmed that shareholders Stephen and Peter Bond are working to find a “new custodian” for the airline. Hinkles stated: “We shared the news yesterday with our whole team that, after 25 years of involvement in Loganair including the last ten years as sole owners, our shareholders Stephen and Peter Bond are working to find a new custodian for Scotland’s Airline. It’s for the best of reasons – Stephen is now 72 years of age and wishes to step back from day-to-day business. That’s really the beginning, middle and end of the story right there.”
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Loganair has a staff of approximately 840 people and though well known throughout the UK, the carrier also has worldwide recognition as the operator of the world’s shortest commercial flight. The journey between the two Orkney islands of Westray and Papa Westray, located some 180 miles to the north of mainland Scotland, is 1.7 miles in length and takes 80 seconds to complete.
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Turkish Airlines continues its support for the development of sustainable aviation fuels (SAF) which play a key role in reducing carbon emissions. Starting to actively use SAF during its operations as of 2022, Turkish Airlines emphasised the importance of the matter for the company by signing a Global SAF Declaration.
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The Global SAF Declaration represents a collaboration between aviation, aerospace and fuel partners to decarbonise sustainable aviation fuel. The aim of the declaration is to completely decarbonise sustainable aviation fuels.
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Turkish Airlines plans to increase SAF usage to the highest levels in line with the technical, regulatory, safety and financial feasibility.
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Starting to use sustainable aviation fuel for the first time in 2022 on the Istanbul Airport – Paris Charles De Gaulle route, Turkish Airlines extended this usage to its Paris, Oslo, Gothenburg, Copenhagen, London and Stockholm for one day of every week. Global airlines intend to increase the frequencies and destinations served with sustainable aviation fuel in the future. Also, sustainable aviation fuel records up to 87% less greenhouse gas emissions compared to traditional kerosene fuel.
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MTU Maintenance Serbia has officially opened its new facility in Nova Pazova near Belgrade. MTU Maintenance Serbia d.o.o. is a fully owned subsidiary of MTU, a leading engine manufacturer and one of the world's largest providers of aircraft engine maintenance services.
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The site in Nova Pazova will become a vital part of the global MTU Maintenance network and is set up for the repair of engine parts. With its specific high-tech competences, MTU Maintenance Serbia will expand MTU’s piece part repair network significantly.
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The new facility has a size of around 39,000 m². It is planned to increase the workforce to more than 400 employees in the coming years. In order to prepare the employees in the best possible way, MTU has developed the Aviation Academy in Belgrade into a leading training centre for aviation professions together with the Serbian Ministry of Education. The first MTU Maintenance Serbia specialists have already been trained. Moreover, they undergo an intensive on-the-job training at MTU locations in Germany and Poland.
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In June 2022, MTU Maintenance Serbia had the final handover of the new building and in July the employees moved into the new facility. Currently, final installation and trials of the state-of-the-art machinery is underway. MTU plans to start operations at the new site in December 2022, only 17-months after the start of construction.
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After more than 11 years in the function as Head of Corporate Communications of Swiss International Air Lines (SWISS), Daniel Bärlocher is to leave the company to take a new path outside the airline sector.
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Among his numerous achievements during his SWISS tenure, Bärlocher has realigned the company’s Corporate Communications unit and adopted a newsroom approach to its communications planning and steering. Through various creative public relations events to strengthen its Swissness and its premium positioning, he has also helped generate sizeable and widespread positive reporting on SWISS that extends well beyond Switzerland’s borders.
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Bärlocher played a particularly vital role in the orchestration of SWISS’s restructuring and transformation in response to the COVID pandemic. Digitalisation has also been driven strongly under his leadership, in both SWISS’s internal communications channels and on the corporate publishing front, where the two previous print inflight magazines have been transformed into an attractive digital platform that will shortly be launched.
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Acumen Aviation (Acumen), a leading global Asset Management Company and Global Aviation Exchange Limited, trading as Global AVX (Global AVX), have announced their collaboration agreement with the intent to provide digital asset management to customers throughout their asset trading activities.
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As a seasoned aviation sector asset manager, Acumen possesses a wealth of solutions at its fingertips, specifically designed to manage assets through the course of their lifecycle. Within Acumen’s core competencies is its digital success advisory (DSA) which specialises in bringing the latest in digital techniques and architecture to provide an array of solutions to the sector. Complimenting these competencies, Acumen's SPARTA digital platform comprises a variety of applications which can be deployed to augment aviation asset management processes and deliver efficiency, reliability, and accuracy to platform adopters in an intuitive and user-friendly manner.
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Through this collaboration, SPARTA will be an available option to customers for managing assets throughout the entire trading process. Global AVX is the first of its kind, aviation asset auction house, providing the aviation industry with a transparent and accountable platform that delivers fund approved sale, purchase and lease of aircraft. The Global AVX platform is independent with no ties to third parties and is dedicated to providing a clear and transparent process to enable vendors to achieve the best asset price within the global marketplace. Fundamental to this is the singular online digital auction process.
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Through this exciting collaboration between the two companies, Global AVX will be able to offer a greater level of client transactional and post transactional technical and commercial data management and asset management assistance through the SPARTA platform, while Acumen will be in a position to offer a robust solution to meet a growing demand for digital asset trading.
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Airbus Helicopters and Korea Aerospace Industries (KAI) have delivered the first Light Civil Helicopter (LCH) to a local operator, Gloria Aviation, following certification in September this year. Entering service in an emergency medical services configuration in December, this helicopter will be deployed to support critical life-saving missions in Jeju.
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This key milestone came on the back of a successful industrial partnership which started in 2015 when the two companies jointly collaborated on the LCH and Light Armed Helicopter (LAH) development programmes.
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The LCH completed prototype flights at the end of 2019. Other than its first application for emergency medical services, the helicopter will also be deployed for public service missions such as search and rescue, utility, law enforcement and fire fighting.
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The LAH prototype completed its maiden flight in July 2019, with the aircraft to be qualified in the coming weeks. This successful qualification will pave the way for serial production of the helicopter, which Airbus and KAI will jointly embark on by the end of 2022, for the Republic of Korea Army.
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Nine decades of history, the company's continuing expansion into new regions and business lines, complemented by digital developments that optimise MRO management, are the dynamic stamp of AJW Group as an independent full-service provider of supply chain solutions, repair, lease, engines and parts for a commercial, business and civil aerospace.
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AJW has announced that it is joining the prestigious Latin American and Caribbean Air Transport Association (ALTA), as a new affiliate member.
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"We are pleased to welcome AJW Group, a key player in the end-to-end value chain of commercial aviation. This partnership will allow us to continue transforming operations, raising safety standards, optimising process and cost efficiency. I am confident that AJW’s participation in our committees, working groups and forums for exchange of best practices, will allow us to strengthen beneficial ties that nurture further success in the region," says José Ricardo Botelho, ALTA's Executive Director & CEO.
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