Daily2018-02-20
Follow-Us-Facebook
Follow Linkedin
Follow Twitter

LATEST NEWS

Tuesday, February 14th, 2023

brought to you by
TPA-Sponsor

Boeing lunches first India-based global support centre – logistics centre to follow

Boeing has announced the launch of its Gurugram, India-based global support centre (GSC) and that it also plans to create a new logistics centre in India to cater for regional travellers.

According to Salil Gupte, President, Boeing India, the Indian GSC will provide a platform for the transfer of knowledge to enhance safety and increase operational efficiency for Boeing’s airline partners in India. As the Indian civil aviation sector continues to rapidly advance towards becoming the world’s third largest passenger market surpassed only by the U.S. and China, the fleet of  Indian airlines is projected to nearly quadruple in size by 2041 compared to 2019.

According to Boeing, with the opportunities for growth both domestically and internationally, airlines will be looking for more holistic service support to ensure efficient fleet operations. Currently leading commercial Indian airlines operate over 150 Boeing aircraft, including the next-generation 737, 737 MAX, 757, 777, and 787 Dreamliner.

In the second development phase, the India Logistics Centre will cater for the larger network of Boeing customers in India with its Boeing India Repair Development and Sustainment (BIRDS) hub programme which is already helping existing customers with comprehensive support packages together with MRO capabilities with its partners.

ASI_03

Karen Helicopter Services takes delivery of two Bell 505s

Karen, Swiss-based helicopter service provider, has taken delivery of two bran-new Bell 505 helicopters, HB-ZXE and HB-ZXL, to modernise the current single-engine fleet consisting of three Bell/Agusta-Bell 206. As part of a strategic investment plan to update the current fleet, Karen will use these aircraft for commercial flights and pilot training.

The two helicopters have a slightly different layout, HB-ZXE has the VIP interior and will be equipped with autopilot as soon as the EASA certification will be granted, while HBZXL has the utility interior and a cargo hook. Considering the mountainous environment of the Swiss Alps, the Bell 505 will provide a considerable performance improvement compared to the Bell 206, making the new helicopters the perfect tool for mountain operations.

This purchase is as well part of a strategic investment related to the Karen’s Aviation Training Centre, which incorporates aircrew and technical personnel training under Part-147. Karen’s development plan includes the acquisition of other training helicopters and strategic development that will be unveiled soon.

Australian carrier Rex Airlines orders two additional Boeing 737-800NGs

Rex Airlines has confirmed that it has signed a Letter of Intent (LOI) to lease two Boeing 737-800NG jets. The two aircraft are expected to arrive in Australia in June and July 2023. The arrival of these jets will bring Rex’s fleet of Boeing 737-800NGs to nine.

The carrier still has to decide where to deploy these additional aircraft and will explore all options.

WER_02

Frankfurt Airport welcomed some 3.7 million passengers – increase of 65.5% year-on-year

The number of passengers at Frankfurt Airport (FRA) increased to roughly 3.7 million in January 2023. This is 65.5% more than in January 2022, which was still considerably influenced by the restrictions in response to the omicron variant of the coronavirus. In comparison to January 2019 passenger numbers for January 2023 are still 21.3% lower.

Cargo throughput continued to decline. It was down 18.8% compared to January 2022, once again due to the overall economic slowdown and the suspension of flights to Russia. January 2023 was also particularly affected by the Chinese New Year celebrations, which began earlier than last year and has always resulted in declining cargo volumes.

FRA’s aircraft movements increased by 20.6% to 29,710 take-offs and landings. Accumulated maximum take-off weights (MTOWs) grew by 15.4% to about 1.9 million metric tonnes (in both cases compared with January 2022).

Almost all airports in Fraport’s international portfolio also continue to grow. Ljubljana Airport (LJU) in Slovenia saw 57,912 passengers in January 2023 (up 54.0%). Passenger numbers at Fortaleza (FOR) and Porto Alegre (POA) airports in Brazil dropped slightly to 1.1 million (down 3.0%). Some 1.6 million passengers traveled via Peru’s Lima Airport (LIM) in January (up 27.1%). At Fraport’s 14 Greek regional airports, the number of passengers grew to 596,129 (up 61.1%). The Bulgarian coastal airports of Burgas (BOJ) and Varna (VAR) saw a combined growth to 96,833 passengers (up 65.7%). Passenger figures at Antalya Airport (AYT) on the Turkish Riviera increased to 910,597 (up 38.2%).

SET_01

Spirit Wings Pilot Pathway launches in Boca Raton, Florida

Spirit Airlines and Lynn University have announced the launch of the Spirit Wings Pilot Pathway programme at Lynn's Burton D. Morgan College of Aeronautics in Boca Raton, Florida. The collaboration is a first of its kind for Spirit, allowing students to attend a traditional university while gaining valuable experience toward a future career flying the carrier's signature yellow planes.

Spirit Wings Pilot Pathway aims to expand the airline's pipeline of professional pilots by offering mentor-ship, programme guidance and a clearly defined path to become a Spirit First Officer. Lynn students can apply for the programme after completing their sophomore year and obtaining a recommendation from a faculty member in the College of Aeronautics. If successful in Spirit's interview process, they will receive a conditional offer of employment, a Spirit Electronic Flight Bag (EFB) and will be mentored as they work toward completing their degree programme and the flight hours required for an Airline Transport Pilot (ATP) certificate.

"This opportunity with Spirit Airlines opens another door for Lynn's highly trained students to advance and achieve success in their future aviation careers," said Mike Petroski, interim dean for Lynn's Burton D. Morgan College of Aeronautics. "The programme allows Spirit access to our pool of talented aeronautic students, who in turn will receive mentor-ship, quality training, and the opportunity to progress to a rewarding career at a commercial airline."

Spirit flies some of the newest, most fuel-efficient aircraft in the industry across a network of 90+ destinations in the United States, Latin America and the Caribbean. Many more brand-new planes are planned for delivery in 2023, creating opportunities for First Officers to quickly upgrade to Captain. Spirit's Pilots recently approved a contract that provides a significant pay increase and other enhanced benefits. Spirit also offers its Pilots industry-leading training and great quality of life.

B 660x150 012023

Canada Jetlines closes loan transaction

Canada Jetlines Operations (Canada Jetlines), the new, all-Canadian, leisure airline, has entered into a non-convertible term loan agreement for a CA$1,500,000 loan from Roosheila Group Inc. (the lender). The lender is a holding company for Reg Christian, a director of the company and travel industry veteran.

The loan will be advanced in a single tranche of CA$1,500,000 (first tranche) following Neo Exchange approval. The loan bears interest at the rate of 7.95% per annum and has a maturity date of 60 months from the date of advance. Principal and interest amounts are payable in equal monthly instalments for the term of the loan plus an additional annual 10% principal repayment. no shares are issuable in connection with the loan.

The lender is granted a Board nomination right to nominate an independent director for the term of the loan. The borrower shall pay the document closing costs of the lender. The loan is secured with a subordinate security interest against the company’s credit card processor holdback funds.

The company intends to use the net proceeds of the offering and the loan for aircraft acquisition, general corporate and working capital purposes.

NAC and Pratt & Whitney Canada sign carbon offset service agreement

Nordic Aviation Capital (NAC) has signed a carbon offset service agreement with Pratt & Whitney Canada (P&WC) to help minimise the company’s emissions footprint.

P&WC’s carbon offset service compensates aircraft emissions by sourcing high-quality carbon offset credits from South Pole, a globally recognized provider of environmentally sustainable solutions. NAC has chosen to invest in a project that is both Gold-Standard-certified and CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) compliant to offset its operations.

The signing of this agreement represents NAC’s commitment to reducing our environmental footprint and to driving forward its support of the industry’s commitment to achieving net-zero emissions.
AviTrader_Weekly_Headline_News_Cover_2023-02-13

click here to download the latest PDF edition

MRO-2023-02 cover

click here to download the latest PDF edition

click here to subscribe to our other free publications

AIRCRAFT & ENGINE MARKETPLACE

click here to view in PDF aircraft and engines available for sale and lease

Follow Twitter
Follow Linkedin
Follow-Us-Facebook
Interested in advertising with AviTrader?

Tamar Jorssen
Vice President Sales & Business Development
Email: [email protected]
Phone: +1 (788) 213 8543
Tamar