The Global MRO Procurement Expo

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The Global MRO Procurement Expo ISSN 1718-7966 MAY 2, 2016/ VOL. 538 WEEKLY AVIATION HEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com WORLD NEWS Munich opens new satellite terminal Munich Airport’s new satellite termi- nal opened last week. The new state- of-the-art facility was completed on time. And even more importantly, it was completed within budget: the dream of all airports worldwide, who face ever increasing challenges in the management of complex infra- structure projects. In its first day of operation, the facility handled a to- tal of 20,000 passengers booked on 140 flights. All take-offs and landings were punctual. Gogo’s 2Ku technology goes live Delta becomes the Global connectivity technology – 2Ku – C Series largest is now live. The first aircraft to fly with customer. 2Ku is an Aeromexico Boeing 737-800 aircraft. The 2Ku service will be free on Photo: Bombardier Aeromexico for a limited time. In ad- dition to 2Ku, Gogo’s wireless in-flight entertainment solution, Gogo Vision, C-ing is believing is now flying on 11 Boeing 737-700 Delta pumps up C Series programme and Embraer aircraft flying across Aer- omexico’s regional network. “This is a Delta Air Lines will continue its nar- a focus on prudent capital deploy- fuel performance.” ground breaking milestone for Gogo rowbody fleet renewal with the ment. as it signifies that the 2Ku era has offi- new Bombardier C Series. “Welcoming Delta Air Lines to the cially taken flight,” said Michael Small, “As we reshape our fleet for the C Series family of operators is a Gogo’s president and CEO. The two companies have executed future, the innovative onboard ex- watershed moment for our game- Wizz Air triples Canary links a firm agreement for the sale and perience of the C Series is a perfect changing aircraft. As an industry from Budapest purchase of 75 CS100 aircraft with complement for the top-notch ser- leader, Delta consistently ranks first Budapest Airport has announced options for an additional 50 CS100 vice provided every day by Delta with customers, business leaders that Wizz Air will be adding another aircraft. Delta and its peers - a two links from the Hungarian gate- Air Lines may benchmark for way this winter. Having already cel- elect to convert a operational per- ebrated four of the ultra-low-cost number of these “These new aircraft are a solid investment, formance,” said carrier’s (ULCC) new routes this year, aircraft into allowing us to take advantage of superior Fred Cromer, and with three further routes still to CS300 at a later President, and launch, Wizz Air has confirmed new date. operating economics.” Bombardier connections to Fuerteventura and Commercial Air- Lanzarote, set to start from 30 Oc- Ed Bastian, Delta’s incoming chief executive As the U.S. craft. “This order tober and 2 November respectively. launch customer, Adding to its Tenerife operation, Wizz is a resounding Delta’s firm order for 75 CS100s al- Air’s new weekly services will triple people,” said Ed Bastian, Delta’s endorsement of the CS100 aircraft its links between Budapest and the lows the company to cost-effective- incoming chief executive. “These performance and its exceptionally Canary Islands, and as new destina- ly reshape and upgauge its narrow- new aircraft are a solid investment, low operating costs. In addition, its tions for both the airport and the air- body fleet, providing an improved allowing us to take advantage of widest aisle, widest seats and larg- line, the ULCC faces no competition customer experience and better superior operating economics, net- est bins in its class will be attractive on either of the airport pairs. cost efficiency while maintaining work flexibility and best-in-class Continued on page 3 The Global MRO Procurement Expo 1-2 June 2016, Olympia London Engine Leasing Asset Management All Manufacturer Types Long, Medium & Short Term Leases • Operating Leases • Asset Management • Sales & Leasebacks All Manufacturer Types • Operating Leases Asset Management • Sales & Leasebacks All Manufacturer Types • Long, Medium & Short Term Leases • Operating Leases • Asset Management • Engine Trading • All Manufacturer Types • Sales & Leasebacks • Asset nagement • Long, Medium & Short Term Leases • Operating Leases • Asset Management • All Manufacturer Types • Sales & Leasebacks Operating Leases • Engine Trading • Long, Medium & Short Term Leases • All Manufacturer Types • Operating Leases • Asset Management Leases • Long, Medium & Short Term Leases • Operating Leases Manufacturer Types • Sales & Leasebacks • Engine Trading Long, Medium & Short Term Leases • Operating Leases • Sales & Leasebacks • Engine Trading • Asset Management • Long Medium & Short Term Leases • Engine Trading • Operating Leases • All Manufacturer Types • Asset Management um & Short Term Leases • Asset Management • Sales Leasebacks • All Manufacturer Types • Long, Medium and Short Term Leases • Operating Leases • Asset Management • Sales & Leasebacks • All Manufacturer Management • Long, Medium & Short Term Leases er Types • Operating Leases • Asset Management • Sales & Leasebacks • All Manufacturer Types • Long, Medium & Short Term Leases • Operating Leases • Asset Management • Sales Leasebacks ating Leases • All Manufacturer Types • Long Medium Short Term Leases • Operating Leases Asset Management • Engine Engine Trading • All Manufacturer Types Leasebacks • Engine Trading • Asset KEEPING YOU IN THE AIR Management • Medium & Short Term Leases • Operating Leases • Asset Management • All Manufacturer Types Sales & Leasebacks • Operating Leases • Engine Trading • Long Medium & Short Term Leases eases • All Manufacturer Types ent • Asset Management Medium & Short Term Leases • Operating Leases •Sales & Leasebacks • Engine Trading • Long, Medium & Short Term Leases • Operating Leases Sales & Leasebacks • Engine Trading • Asset Management • Operating Leases • Long, Medium & Short Term Leases Asset Management All Manufacturer Types Medium & Short Term Leases Management Term Leases Term www.elfc.com 3 WEEKLY AVIATION HEADLINES ...continued from page 1 features for Delta’s passengers.” This transaction is part of Delta’s domestic strategy to upgauge the fleet, allowing the company to achieve its long-term financial targets, including 15% EPS growth and gen- eration of $4 billion to $5 billion in free cash flow annually, while replacing less efficient domestic aircraft. With the order of the C Se- ries, Delta will no longer induct the E190 into its fleet as planned. The new fleet will be deployed on short- to medium-haul routes throughout the airline’s network. As part of this transaction, Delta has options for 50 additional C Series aircraft and certain delivery flexibility rights includ- ing the ability to substitute the larger CS300 aircraft. The order means Delta will fly cus- Bombardier and Delta agreed to the sale and purchase of 75 CS100 aircraft Photo: Bombardier tomers on more Bombardier aircraft than any other carrier. scheduled to commence in spring 2018. the firm order is valued at approximately With this order, Delta becomes the C Series U$5.6 billion. aircraft’s largest customer. Deliveries are Based on the list price of the CS100 aircraft, with Air Canada. The aircraft will be configured a leading provider and arranger of asset-based AIRCRAFT & ENGINE NEWS in two classes of service with 12 seats in busi- financing of commercial aircraft – PK AirFinance, ness class and 64 seats in economy class, includ- a subsidiary of GE Capital Aviation Services. Chorus Aviation to acquire five Bombar- ing 20 preferred economy seats. Both cabins will dier CRJ900 aircraft feature seatback in-flight entertainment systems and Gogo wireless internet access. Chorus Aviation has signed a firm purchase Embraer forecasts market demand for agreement to acquire five Bombardier CRJ900 240 new jets with 70 to 130 seats in Africa regional jets, with firm purchase rights for five During the Marrakech Air Show in Morocco, additional aircraft. As announced on Septem- AviaAM Leasing delivers another two Air- bus A321s to Small Planet Airlines Embraer Commercial Aviation released its mar- ber 28, 2015, the five firm aircraft will be op- ket outlook for Africa, which forecasts that the erated under the Air Canada Express brand as AviaAM Leasing, a Warsaw Stock Exchange list- region will take delivery of 240 new jets in the per Jazz’s Capacity Purchase Agreement (‘CPA’) ed global aviation holding company engaged in 70 to 130-seat segment over the next 20 years. with Air Canada. Chorus has arranged financing the business of commercial aircraft acquisition, The 70 to 130-seat jet fleet in service is estimat- in support of this acquisition to be drawn at the leasing and sales, has announced delivery of a ed to grow from the current 120 units to 260 by time of closing. The new CRJ900 aircraft will be second and third Airbus A321 to the European 2034. According to the Embraer study, there are leased into the CPA operation under terms and leisure carrier Small Planet Airlines. AviaAM still ample connectivity opportunities within the economics similar to those of the Q400 aircraft Leasing delivered another two Airbus A321 air- African region, although traffic remains concen- currently leased to the CPA. These five 76-seat craft to Small Planet Airlines’ Polish subsidiary trated in the largest cities. Of more than 300 of CRJ900 regional jets will enter into service in last week. The aircraft were delivered under the region’s airports operating in 2015, only eight early 2017. As part of its fleet standardization recently signed long-term operating lease agree- connected 25 or more cities, while 240 airports plan, Jazz will reconfigure its existing 16 75-seat ments. The first Airbus A321 aircraft was deliv- linked five or less cities. Some 90% of city pairs CRJ705 aircraft to 76-seats, thereby converting ered in mid-April. The delivery of all aircraft was have traffic volumes of up to 300 daily passen- the CRJ705s to CRJ900 regional jets as agreed to conducted with the support of and financed by gers, yet the current fleet is comprised of large- FEBRUMARARCHY 15,21,14, 2016 / Vol.
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