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LATEST NEWS
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Wednesday, August 3rd, 2022
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In a bid to minimise ongoing travel chaos, British Airways (BA) has announced that it has suspended the sale of all short-haul flight tickets from Heathrow International Airport until August 8, in a bid to mitigate problems travellers are encountering with flight delays and cancellations. The move has also been taken to enable existing travellers who have had their flights cancelled to more easily rebook their flights.
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The decision will affect all domestic and European flights out of Heathrow. This move by BA comes on the heels of a recent announcement by Heathrow Airport that to avoid baggage delays and flight cancellations, carriers will have to limit the number of outgoing passengers from the hub to 100,000 a day. This caused BA to cancel 10,300 flights between now and October, affecting approximately one million passengers. Heathrow has said that the implementation of this limit has already seen an improvement in the punctuality of flights and improved baggage handling.
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“As a result of Heathrow’s request to limit new bookings, we’ve decided to take responsible action and limit the available fares on some Heathrow services to help maximise rebooking options for existing customers, given the restrictions imposed on us and the ongoing challenges facing the entire aviation industry,” BA said in a statement.
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Last month airlines were accused of "harmful practices" that were putting profit before passengers. These include selling more tickets for flights “than they can reasonably expect to supply”, not always “fully satisfying obligations” to offer flights on alternative airlines to passengers affected by cancellations, and failing to give consumers “sufficiently clear and upfront information about their rights”.
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With the lifting of travel restrictions and improved flight bookings, Iberia Maintenance has supported its customers to increase the number of operating aircraft in their fleets and has returned into operation 38 A320 aircraft from its customer base during the last ten-months.
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Apart from the return to operation tasks, which included covers removal, systems tests and wheels and brakes checks, amongst others, Iberia Maintenance has also carried out heavy maintenance programmes required for these aircraft. These checks were due before the entry-into-service of the aircraft, some in combination with the end-of-lease agreement.
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During the performance of the maintenance tasks, several complex repairs were required and carried out by Iberia Maintenance staff. The execution of these tasks, involving significant sheet metal, fitting and composites skills, required Iberia Maintenance’s highly-skilled and experienced workforce together with engineering to work in close cooperation with the OEMs (Original Equipment Manufacturer) to develop tailor-made solutions.
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Air Lease Corporation (ALC) has announced long-term lease placements for two new Airbus A321neo aircraft with Qanot Sharq Airlines (Uzbekistan), the first privately-owned airline in Uzbekistan. The aircraft are scheduled to deliver to the airline this fall from ALC’s order book with Airbus.
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“We are very pleased with this placement of two new A321neo aircraft with Qanot Sharq Airlines. Thanks to positive economic reforms intended to encourage private sector growth, the Uzbek economy and middle-class have been expanding and Qanot Sharq is successfully servicing the increased travel needs of this growing economy,” said AJ Abedin, Vice President of Air Lease Corporation. "With the addition of these two new state of the art A321neos equipped with long-range fuel tanks for expanded flight mission capabilities, Qanot Sharq and its passengers will benefit from new destinations, operational efficiencies and a premium travel experience.”
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Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters, following its earlier commitment announced at the Singapore Airshow. This order of the A350F sees the national carrier of the UAE expanding its relationship with Airbus and adding to its existing order of the largest passenger version of A350-1000s, five of which have been delivered.
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Etihad has also firmed up a long-term agreement for Airbus’ Flight Hour Services (FHS) to support its entire A350 fleet, to maintain aircraft performance and optimise reliability. This marks the first agreement for an Airbus FHS contract for an A350-fleet in the Middle East. Separately, Etihad has also opted for Airbus' Skywise Health Monitoring, allowing the airline to access real-time management of aircraft events and troubleshooting, saving time and decreasing the cost of unscheduled maintenance.
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The A350F meets the imminent wave of large freighter replacements and the evolving environmental requirements, shaping the future of air freight. The A350F will be powered by the latest technology, fuel-efficient Rolls-Royce Trent XWB-97 engines.
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GA Telesis, LLC, the pioneering leader in integrated aviation services, has named Rainford Knight, PhD as Chief Digital Transformation Officer (CDxO). Dr. Knight will be charged with developing and leading strategy driven digital innovation that will drive the organisational transformation of the GA Telesis ecosystem.
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Working with GA Telesis’ in-house global technology team, he will develop actionable initiatives and work to accelerate the adoption of practices that are intended to not only revolutionise the company’s operational efficiencies but will create a sustainable digital organisation to unlock customer value through enhancement, connectivity, automation, artificial intelligence and machine learning. This will include building seamless and substantial digital interfaces within its product and service offerings. The CDxO will report to Abdol Moabery, President & CEO of GA Telesis.
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Joramco Academy—the aircraft maintenance training academy operated by local and regional MRO provider Joramco, has officially kicked off registration for its next class of students. The four-year training programme, which officially commences in September, prepares individuals for a rewarding career in aircraft maintenance, a field that is witnessing rapid growth and high demand both locally and internationally.
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Joramco Academy is open to any eligible candidate over the age of 18 who has passed any section of the Tawjihi exam. Students who are admitted to the academy enter a four-year programme that includes two years of theoretical study and two years of practical experience in the aircraft maintenance field, conducted on site at Joramco’s world-class facilities at Queen Alia International Airport. Those who successfully complete their studies at Joramco Academy are given employment priority with the company upon graduation.
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As part of Joramco Academy’s commitment to supporting students who meet the conditions for joining the programme, Joramco Academy recently signed an agreement with the leading Jordanian microfinance company, Tamweelcom, to finance Jordanian students’ tuition and fees at the internationally recognised vocational academy, with preferential terms, conditions and easy interest.
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Lockheed Martin has doubled its venture capital fund from US$200 million to US$400 million. Lockheed Martin Ventures will use the increased funds to continue to accelerate future defence innovation through investment in start-up technology companies.
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“The success of our venture capital investments to-date is a testament to our strategy and allows Lockheed Martin to continue to deliver innovative solutions across all domains,” said Jay Malave, CFO, Lockheed Martin. “Doubling our ventures fund will allow us to increase the number of start-up companies we can work with to advance 21st Century Security technologies for the benefit of our customers.”
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Lockheed Martin Ventures’ portfolio companies leverage the latest disruptive, cutting-edge technologies in core businesses and new markets important to Lockheed Martin. Since 2007, the ventures fund has invested in more than 70 start-up companies whose emerging innovations have the potential to become foundational technologies that help solve the complex challenges faced by our customers.
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“In 2021 alone, Lockheed Martin Ventures screened more than 1,000 start-up companies that are leading advancements in the areas such as artificial intelligence, autonomy and robotics, cyber security, and quantum computing,” said Chris Moran, Vice President and General Manager, Lockheed Martin Ventures. “Today’s announcement is about growing the fund, but also about growing our team, our portfolio and our level of engagement with core Lockheed Martin programmes. This commitment allows Lockheed Martin Ventures to identify, evolve and integrate emerging technology into our national security industrial base on a larger scale and better serve the future needs of our customers.”
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Year to date, the ventures fund has already invested in 11 new technology companies focused on areas of interest to Lockheed Martin such as sensor technology, quantum computing, advanced manufacturing, and space services.
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Jackson Square Aviation (JSA) has delivered one Airbus A320-232 aircraft to Super Air Jet. This delivery completes the first part of a three-aircraft long-term lease package transaction, whereby each aircraft undergo a transition and modification programme to meet the specifications of Super Air Jet aircraft.
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Commenting on the delivery, David Jones, JSA Head of Asia Pacific Marketing, said: “We are excited to provide Super Air Jet with comprehensive fleet solutions tailored to its needs and are delighted to welcome the airline as our newest customer,” adding, “we look forward to building a strong partnership in the years ahead.”
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Contrail Aviation Support, a full-service engine asset management platform as well as worldwide supplier of surplus and aftermarket commercial jet engine components, has announced that over the past 12-months, the company has acquired A318s (CFM56-5B powered), A320s (V2500 powered), ten CFM56-5B engines and more V2500-A5 spare engines to support the growing USM demands of Contrail's engine MRO and airline customers. Additionally, Contrail has placed two CFM56-5B engines on lease with a European airline and acquired V2500-A5 engines on lease, growing its Asian operator base.
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As Contrail’s book of business and client list expands, the company has also increased its marketing resources by recently hiring former GECAS executive Gerard Browne as Contrail’s SVP of Marketing and Origination. Browne teams up with Mark Shaw, Contrail’s SVP of Airline Marketing, who together will cover the globe from a Marketing & Origination perspective, targeting opportunities for strategic growth within the airline and lessor communities.
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The company has also recently added to its workforce by growing both the quality and sales teams to further support its expanding USM platform.
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Vice President Sales & Business Development
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