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LATEST NEWS
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Wednesday, February 22nd, 2023
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Australian flag-carrying airline Qantas has announced its intention to make significant improvements to its worldwide network of passenger lounges. The focus of attention will be on improving the level of luxury while also increasing the number of lounges. This will be the biggest investment Qantas has made in the last ten years where its lounges are concerned.
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The airline will be creating four brand-new lounges, including the Hobart Qantas Club, the New Broome Regional Lounge and a flagship First Lounge in London Heathrow Airport. Beyond this there will also be extensive improvements to existing lounges, including a refreshed Hong Kong International Lounge, a complete refurbishment of the International Business Lounge in Sydney, and an updating and expansion of the International Business Lounge in Melbourne.
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The majority of Qantas’ lounges are in Australia with 42, including 12 for regional destinations, and nine overseas lounges. This current improvement drive will take effect over the next three years and is in addition to a previous statement relating to other lounge improvements. These lounges are located in multiple destinations including Auckland, Adelaide, Rockhampton and Port Headland.
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Construction of the brand-new First Lounge at London’s Heathrow Airport is set to align with the launch of Project Sunrise, Qantas’ direct flights between the UK and the east coast of Australia. The First Lounge will operate alongside the current International Lounge, which will become a dedicated International Business Lounge. First Lounge is expected to open in late 2025.
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Mountain Air Cargo (MAC), a FedEx air cargo feeder airline has launched the first C408 SkyCourier route between Tallahassee and Orlando, operated by Captain Samantha Szefler, launched on January 3, 2023. MAC’s inaugural C408 flight in Florida is part of its long-standing strategic relationship with FedEx and further enables the Company’s long-term sustained feeder growth plans while expanding its fleet with new C408 SkyCourier aircraft and advancing pilot career opportunities.
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The C408 SkyCourier is the latest addition to MAC’s express air cargo fleet, which has over 50 aircraft operating in the eastern U.S. and Caribbean. MAC’s fleet consists of ATR 42s/72s, Cessna 208s/408s and next-gen ATRs. Additionally, MAC operates a full-service Part 145 MRO facility with a 64,000 ft² repair station, providing both line and heavy maintenance services that are compliant, cost-efficient, and organisationally effective for its long-standing customer.
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MAC’s fleet now includes three C408 SkyCouriers with plans to add five more by the end of 2023, which will allow the company to expand into new markets more quickly and safely. The C408 SkyCourier is a twin-engine aircraft that offers more freight capacity than the C208 Caravan. The C408 SkyCourier’s higher freight capacity is 6,000 pounds, which is double that of the C208.
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The SIA Group has posted Group revenue for the three months to December 31, 2021, of SG$4,846 million a rise of SG$358 million (+8.0%) quarter-on-quarter. This is a record quarterly revenue for the Group. Passenger flown revenue increased by SG$463 million (+14.0%) to SG$3,767 million as traffic grew 12.2% for the quarter, outpacing the 11.1% expansion in capacity.
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Revenue per available seat-kilometre (RASK) was 10.6 cents, the highest quarterly RASK in the Group’s history. Cargo flown revenue fell SG$141 million (-14.1%) to SG$862 million, with the lower yields (-14.6%) partially mitigated by a slight uptick in loads (+0.6%). Expenditure grew by SG$281 million (+7.4%) quarter-on-quarter to SG$4,091 million.
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The Group posted an operating profit of SG$755 million for the third quarter, up SG$77 million (+11.4%) from the previous quarter. Operating profit for SIA (Singapore Airlines) was SG$48 million (-7.0%) lower quarter-on-quarter at SG$636 million. Scoot achieved a record quarterly operating profit of SG$135 million, up SG$123 million or more than 11-fold from the previous quarter. The low-cost carrier’s operating revenue surged to a record SG$592 million (+SG$145 million), significantly outpacing the increase in operating expenditure (-$22 million).
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Collins Aerospace has signed a memorandum of understanding with SRB Aerial Systems to support research, development and execution of unmanned aerial systems and robotics for use by the Kingdom of Saudi Arabia.
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Collins will provide its extensive unmanned aerial systems or UAS integration experience to SRB Aerial Systems. The company’s mission systems hardware and software combined with its radio communication, imaging and sensor development expertise will be key assets to develop UAS sovereign capabilities in the country.
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“This partnership is a key step in supporting the Kingdom of Saudi Arabia’s Vision 2030 to bring locally owned and manufactured products to KSA,” said Colin Mahoney, President Customer & Account Management, Collins Aerospace. “Collins’ products will be included on locally produced UAS, expanding our shared market and supporting the missions of today and the future.”
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SRB Aerial Systems is an IP-based Saudi company specialised in the development and manufacturing of Tactical Unmanned Aircraft Systems (TUAS) and tactical loitering munitions, along with innovative aerial solutions for industrial logistics and transportation.
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Nicolas Potier has been appointed Vice President, Support & Services of Safran Aircraft Engines on February 1, 2023, and he will also become a member of the company’s Executive Committee. Potier will replace François Planaud, who is retiring.
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Potier began his career in 2007 at the French Ministry of Economy, Industry and Employment. In 2010, he joined the French Prime Minister’s Office as advisor in charge of industrial policy.
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He joined Safran Aircraft Engines in 2012, as Director of Industrial Strategy and then took responsibility for the large commercial engine programmes. In 2016, he was appointed director of Services Operations within the Support & Services Division.
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In 2019, he joined Safran Landing Systems where he successively held the responsibility of Executive Vice President of the Systems and Equipment division and then of the Wheels & Brakes division.
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Potier will bring his strong customer experience in the aerospace industry to his new position, as the company faces a significant ramp-up of support and services activities.
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TITAN Aviation Fuels has welcomed Jetscape to its branded FBO Network. Jetscape is located at the fast-growing Fort Lauderdale-Hollywood International Airport (FLL). The closest FBO to downtown Fort Lauderdale, Jetscape offers a full-service business aviation centre that delivers excellence and extends a gateway of safety, security and privacy to the general aviation community.
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“We are pleased to add Jetscape to our TITAN branded FBO network,” said Robbie Stallings, President of TITAN Aviation Fuels. “We look forward to helping them grow their business in the Fort Lauderdale area.”
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After years of planning, Jetscape will soon launch its new state-of-the-art facility at Fort Lauderdale International Airport. The new terminal and hangar are aimed to welcome and surround its customers with the warmth and friendliness that is so unique to South Florida. The new FBO complex will feature a 25,000 ft² aviation centre and FBO terminal with one 80,000 ft² hangar on a twenty-five-acre parcel of land at Fort Lauderdale International Airport (FLL).
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Falko Regional Aircraft Limited (Falko) has provided a summary of its fourth quarter and full year 2022 market activity.
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In the fourth quarter of 2022, Falko delivered two aircraft on lease and extended the leases on a further five aircraft. LOIs (letter of intent) were signed relating to the lease of one aircraft and the extension of a further six aircraft on lease. On the aircraft trading side, six aircraft were sold from the portfolio and an LOI was signed for the sale of a further aircraft. On the acquisition side, LOIs were signed relating to five aircraft. In total, Falko was involved in transactions relating to twenty-six aircraft during the quarter.
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The fourth quarter activity was again focused on the regional jet sector representing eighteen of the twenty-six aircraft referenced above. Deals covered both the CRJ and EJet products.
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During the whole year of 2022, Falko’s overall activity included the addition of 45 aircraft, the sale of 22 aircraft and new leases or extensions relating to 22 aircraft. In addition, LOIs were signed relating to a further 20 aircraft and ten aircraft were delivered to customers pursuant to deals signed in prior periods. This resulted in total activity for 2022 relating to 119 aircraft during the year.
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As of December 31, 2022, Falko and its affiliates’ portfolio totaled 260 aircraft on lease to 44 customers worldwide.
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