Daily2018-02-20

Thursday, November 15th, 2018

beachaviationsponsor2018-04-03

LATEST NEWS

Aurora Flight Sciences Unveils Odysseus - a Solar-powered Autonomous Aircraft

Headquartered in Manassas, Virginia, Aurora Flight Sciences (Aurora) has unveiled Odysseus, the company’s solar-powered autonomous aircraft, now the world’s most capable aircraft of its type.

Combining advanced solar cells with lightweight materials, Odysseus is an ultra-long endurance, high-altitude platform which can effectively fly indefinitely, powered solely by clean, renewable energy.

“Aurora was founded by the idea that technology and innovation can provide powerful solutions to tough problems that affect all of humankind. Odysseus was an idea born out of Daedalus that is now a real solution to advancing the important research around climate change and other atmospheric chemistry problems,” said Aurora President and CEO John Langford."

According to Aurora, an independent subsidiary of Boeing, a number of key enabling factors inspired by the Daedalus project have propelled the Odysseus project forward:
- Odysseus can persistently and autonomously remain on station. This enables communication and data gathering over a specific location. No other solar aircraft offers this capability.
- Odysseus has a greater year-round global operating zone than any other vehicle in its class.
- Odysseus can carry a larger payload than any other aircraft in development or production in its class. This enables more missions and better resulting data quality from each mission.
- Odysseus can be deployed at a fraction of the cost of a satellite and can spend dramatically more time aloft than a conventional UAV. It can receive payload and hardware options and can be quickly customized, re-tasked, and re-located as missions evolve.

Odysseus is a first-class solution for climate and weather researchers. Its payload capacity provides researchers with long-term, high-resolution observation capabilities, while also being capable of measuring vegetation, ice coverage and flow rates, and even ground moisture. Weather and storm monitoring during peak seasons are now more affordable and accurate through Odysseus’ ability to track and measure the movement of severe weather events, all while powered by clean energy.
Odysseus’ first flight is scheduled for the Spring of 2019.

Kellstrom

West Star Aviation names Steve Goede General Manager of Chattanooga (CHA) location

West Star Aviation has named Steve Goede as the General Manager of the company's Chattanooga (CHA) facility.

In his new position he will provide leadership for all aspects of the site including operations, planning and project management, quality control and building maintenance. Previously, Goede was instrumental in developing West Star's Landing Gear Overhaul and Accessory programs at the ALN, GJT and CHA locations.

Tom Hilboldt, who was previously managing the location, will now shift his focus to maintenance operations located there, providing more technical oversight and support to ongoing expansion initiatives. His new title will be Director of Maintenance - CHA.

Magnetic MRO cuts paper consumption, shifts to biometric e-signatures

Magnetic MRO, a global provider of Total Technical Care for aircraft operators and lessors, made a significant step towards becoming a fully paperless MRO. The company has decided to digitalize paper-based aircraft maintenance work orders, as well as introduce biometric e-signatures for aviation mechanics and other certifying staff.

Paper documents made their job back in those days when there was no other reliable alternative for keeping track of aircraft maintenance works. But today, highly secure digital storage systems provide an unprecedented level of reliability and security against manipulations or unauthorized edits,” comments Jan Kotka, the COO of Magnetic MRO. “With this in mind, we’ve made yet another important step towards a paperless environment by digitalizing aircraft maintenance work orders and securing them with fingerprint signatures. The new system has already received an approval from Estonian CAA.”

"Biometric e-signature and digital storage bring document management to a new level of transparency and security. Further on, the new system eliminates an unnecessary and time-consuming process of delivering work orders from the engineering department to maintenance shops and vice versa. What is particularly delighting, our clients will also benefit from the system, since all aircraft-related documents will now be available even faster,” shared Sergei Shkolnik, Magnetic MRO’s Base Maintenance Director.

Heico

RECARO Aircraft Seating turnover rises to over €500 million

For the first time in the aircraft seat manufacturer’s history, turnover is exceeding the €500 million mark.

This strong growth confirms RECARO Aircraft Seating’s five-year strategy. When it was introduced in 2013, sales turnover was just over €330 million and the number of seats sold was just under 80,000.

Current figures reflect continuous growth since that time. Chief Executive Officer and Shareholder Dr. Mark Hiller sees significant investment in several areas, including research and development, as a key reason behind the brand’s success.

“There are several strategic reasons why we are already exceeding the €500 million sales milestone with more than 110,000 seats during this current financial year,” highlights Peter Müller, Executive Vice President Finance & Administration. “It was the right decision not to focus exclusively on market leadership in the area of economy class seats, but rather to invest in strengthening our position in the business class as well.”

Moreover, the fact that RECARO is now more customer- and service-oriented than ever before, is a result of positive changes within the company. And not just at company headquarters in Schwaebisch Hall, Germany, but worldwide. While the establishment of a company presence in China (Hong Kong/Qingdao), which began five years ago, has already achieved great success for the Asian market, business in Latin America is currently being successfully developed as well.

Bristol Associates

GA Telesis signs repair management agreements with three Eurasian customers

GA Telesis, (GAT) has announced that the Company’s Component Solutions Group (CSG) Istanbul customer support office has signed repair management agreements in the 3rd Quarter with three leading Eurasian-based airlines and MROs for repair management services utilizing GAT’s iGEAR program.

The aforementioned contracts will support a total of 80 Airbus and Boeing single-aisle and twin-aisle aircraft as well as Bombardier and Embraer regional jets.

The multi-year agreements span an average of five years and will support up to 150,000 annual flight hours of operation.

Arkia Israeli Airlines takes delivery of world’s first A321LR

Tel Aviv-based Arkia Israeli Airlines, which is majority owned by Jordache Enterprises, has taken delivery of its first A321LR, becoming the launch operator of this large single-aisle aircraft.

The A321LR is the latest version of the best-selling A321 Family and allows operators the flexibility to fly long-range (LR) operations of up to 4,000nm (7,400km) and to tap into new long-haul markets, which were not previously accessible with single-aisle aircraft. The new LR cabin configuration allows airlines to offer each passenger more space and premium products for widebody comfort.

Powered by LEAP CFM motors, Arkia’s A321LR fleet will be configured with 220 seats in a single-class layout.

Arkia Israeli Airlines received its first A321LR from Hamburg, Germany.

Royal Aero

Exostar names Stuart Itkin Vice President of Product Management

Exostar, a leader in trusted, secure business collaboration in aerospace and defense (A&D), life sciences, and healthcare, has reported that Stuart Itkin has joined the company as Vice President of Product Management.

He will oversee all of Exostar’s strategic and tactical product management and product marketing activities.

Itkin has led product strategy, development, and execution for cybersecurity, supply chain technology, and software businesses for more than twenty years, helping those companies deliver products and services that customers value.

Most recently, Itkin oversaw cybersecurity company SAIFE, bringing its software-defined perimeter solutions for the intelligence community and Department of Defense into commercial markets and playing a key role in its sale to a strategic buyer. He also led product marketing at cybersecurity companies ThreatTrack Security and PivotPoint Risk Analytics.

C&L Aviation

GKN Aerospace signs US$66 million contract with Pratt & Whitney for F135 engine components

GKN Aerospace Norway has signed an eight-year agreement with Pratt & Whitney for the production of diffuser cases, low pressure turbine cases and shafts for the F135 engine, which powers the fifth generation F-35 Lightning II fighter aircraft.

The agreement also includes an extension for the supply of several shafts for Pratt & Whitney’s F100, JT8D and FT8 engines.

This contract expands GKN Aerospace’s involvement in the F135 program and reinforces the company’s role as a long-term supplier of engine components for Pratt & Whitney.

Israel's technology companies join forces for the aviation industry

Israel’s ministry of economy and industry, Israel Aerospace Industries (IAI), CyberArk, Check Point, Cockpit Innovation, Karamba Security and ClearSky have announced a new cyber consortium for the aviation industry.

The announcement was made as part of the 5th International Conference of Homeland Security and Cyber, which is organized by Israel's Export Institute. The new consortium includes long-standing Israeli companies, which are offering a broad range of aviation, security, intelligence and cyber solutions for the global market, alongside young startups with cutting edge cyber products and technologies.

The consortium was established in order to offer comprehensive, end-to-end, cyber security solutions for the commercial aviation industry: airports, airlines and aircraft. Additional Israeli companies have already expressed their interest in joining the consortium.

ATS MRO

DAE reports financial results for the nine months ended September 30, 2018

Dubai Aerospace Enterprise (DAE) has reported financial results for the nine months ended September 30, 2018.

Total Revenue was US$1,069.2 million (AED 3,926.2 million), an increase of 124% from US$477.5 million (AED 1,753.3 million) for the nine months ended September 30, 2017.

Pre-Tax Profit was US$333.5 million (AED 1,224.7 million) an increase of 333% from US$77.1 million (AED 283.0 million) for the nine months ended 30 September 2017.

Results included the results of the AWAS acquisition which was completed in August 2017.

AviTraderCS_2018-11-02
AviTrader_Weekly_Headline_News_Cover_2018-11-12

click here to download the latest PDF edition

AviTrader_Monthly_MRO_e-Magazine_Cover_2018-10

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

UPCOMING EVENTS


Aircraft Economic Life Summit 2018
November 20, 2018 – Gibson Hotel, Dublin, Ireland

Inventory Optimization & Supply Chain Management Seminar
February 19 - 20, 2019 – Palma de Majorca, Spain

IATP Conference 2019
March 9 - 13, 2019 – Athens, Greece

Saudi International Airshow 2019
March 12 - 14, 2019 – Thumamah Airport, Riyadh, KSA
twitter linkedin