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LATEST NEWS
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Monday, October 24th, 2022
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Altavair L.P. (Altavair), an asset manager focusing on the acquisition of new and used commercial aircraft for leasing to domestic and international passenger airlines and cargo operators, has announced that it has entered into a definitive agreement with Amazon Air for the lease of ten Airbus A330-300 jets.
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The aircraft are due to commence delivery in late 2023 after conversion to freighter operations at Elbe Flugzeugwerke GmbH, a joint venture between ST Engineering Aerospace and Airbus. The aircraft are owned by funds and accounts managed by KKR, with Altavair acting as lease servicer.
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These aircraft represent the first Airbus aircraft to be operated by Amazon Air since the cargo operator’s inception in 2015, operating as Amazon Prime Air. Up until now the fleet of the online retailer’s subsidiary has been comprised of predominantly Boeing freighter-converted jets including 26 737-800s, 12 767-200s and 54 767-300ERs. Amazon Air also operates five ATR 72-500F twin-engine turboprop aircraft.
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Amazon Air is responsible for transporting packages solely for its parent company Amazon and has hubs at Cincinnati / Northern Kentucky International airport, Fort Worth Alliance Airport, and San Bernardino Airport all in the U.S.A., and Leipzig / Halle Airport in Germany.
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Fraport and Lufthansa have formed a new joint venture called “FraAlliance”. Each company holds a 50% share in the new venture. The two companies intend to use FraAlliance to strengthen their existing cooperation on strategic and operational matters at Frankfurt Airport and thus, plan to deepen their long-standing partnership in relation to enhancing services at Frankfurt Airport’s Terminal 1. The aim is to improve the quality of products and services at Frankfurt Airport.
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The joint venture seeks to improve aspects relating to business development and operations, customer experience, infrastructure, intermodally, and sustainability. Improvements are to be achieved by analysing and optimizing processes in terminal operations, as well as by taking a joint, customer-focused approach to product development. The goal is to bring about a journey-wide enhancement of processes and product offerings for flights, while boosting the competitiveness of the airport.
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One initial outcome of the enhanced partnership is the availability of real-time updates for aviation security checkpoints in the Lufthansa App. This allows Lufthansa passengers to see checkpoint waiting times in Frankfurt via the app, enabling them to take these times into account when planning their schedule and travel arrangements.
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The Polish Government has selected GE Aerospace’s CT7-2E1 turboshaft engine to power its new fleet of Leonardo AW149 helicopters. As part of the recent contract announcement between the Government of Poland and PZL-Swidnik, the Polish company fully owned by Leonardo, Poland will receive 64 CT7-2E1 engines along with spare engines for its 32 AW149 helicopters on order. Aircraft deliveries will start in 2023.
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The CT7-2E1 engine shares many commonalities with the CT7-8E engine that powers the AW101 aircraft for the Polish Navy and T700-701D engines that power the Black Hawk aircraft in service with the Polish Special Forces and National Police.
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“The T700/CT7 engine’s robust track record as a highly reliable, workhorse powerplant is indisputable,” said Ron Hutter, vice president of turboshaft engine sales at GE Aerospace. “We are pleased that the Government of Poland has chosen the CT7-2E1 and will provide world-class support for these engines as well as other T700/CT7 engines that are currently operating in or will be delivered to Poland throughout this decade.”
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GE’s CT7-2E1 engines power the majority of Leonardo AW149 and AW189 helicopters in service today.
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During the National Business Aviation Association’s Business Aviation Convention & Exhibition (NBAA-BACE) Textron Aviation has entered into a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, four firm with options for 16 additional aircraft. Fly Alliance will use the aircraft for its luxury private jet charter operations and expects to take delivery of the first aircraft, an XLS Gen2, in 2023.
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Fly Alliance, headquartered in Orlando, Florida, offers jet card and on-demand Part 135 charter services as well as maintenance, parts, sales and acquisitions. Fly Alliance’s fleet of managed and charter aircraft are based in Orlando, Stuart, Palm Beach and Miami, Florida, as well as Providence, Rhode Island. The company's fleet includes six Hawker 800XP aircraft. This will be its first Citation.
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“The Fly Alliance acquisition of up to 20 brand-new aircraft from Textron Aviation expands our product offering to our members and customers,” said Kevin Wargo, CEO of Alliance Aviation Group. “This is an excellent path to building our fleet size to 100 aircraft in the years to come.”
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Airbus´ HAPS Connectivity Business has signed a strategic partnership with Salam, a Saudi telecommunications and ICT company and part of the Mawarid Media & Communications Group (MMCG), to progress the development of private networks, IoT applications, disaster management solutions and other connectivity and high-altitude earth observation services from the stratosphere to serve the Kingdom of Saudi Arabia.
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Ahmad Al-Anqari, Salam CEO, said: “We see in Airbus’ Zephyr platform a key asset to provide private network services, IoT solutions as well as civil, governmental and non-governmental applications. There are numerous use cases for the platform’s capabilities, and we look forward to this partnership with Airbus to serve the Saudi market in support of the Kingdom’s Vision 2030 goals.”
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Swissport is opening an air cargo centre at Central Japan International Airport (Centrair) in November 2022. The new facility will support the development of air transport and logistics for central Japan’s Tokai region and will be Swissport’s third domestic base, following Narita International and Kansai International Airport.
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Set to open on November 1, the new air cargo centre is located on the north side of International Cargo Warehouse 1 at Chubu Centrair International Airport. The expansion of Swissport cargo facilities and services reflect the steady growth around Japan’s Tokai region, home to many large manufacturing companies.
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Swissport Japan was established in 2006 as a joint venture between Swissport International AG and Marubeni Corporation. The company has been providing airport ground services including passenger, ramp, cargo, lounge and executive aviation at six major airports in Japan: Narita, Haneda, Chubu, Kansai, Fukuoka, and Naha.
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Hawaiian Holdings, the parent company of Hawaiian Airlines, Inc. (Hawaiian), has come to an agreement with Amazon.com and its subsidiaries to operate and maintain an initial fleet of ten Airbus A330-300 freighters starting in the fall of 2023.
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Hawaiian will maintain and fly Amazon’s A330s under Hawaiian’s FAA air carrier certificate to move cargo between airports near the online retailer’s operations facilities. The initial ten aircraft will enter into service in 2023 and 2024. The agreement also contemplates the ability to expand the fleet depending on Amazon’s future business needs.
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In preparation for service for Amazon, Hawaiian intends to establish a pilot base on the continental U.S., grow existing maintenance bases, and expand the hiring of pilots, mechanics, dispatchers, supply chain employees and others who will help support this new cargo operation.
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In connection with the commercial agreement, the company issued Amazon warrants to acquire up to 15% (post-issuance) of its common shares. The warrants are exercisable over the next nine years.
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