Weekly Aviation Headline News

ISSN 1718-7966 November 12, 2018/ VOL. 666 www.avitrader.com Weekly Aviation Headline News

WORLD NEWS British Airways to expand Scottish route British Airways is to significantly expand its service between Heath- row and Inverness by operating two daily return services from Monday to Friday and three return services at weekends from summer 2019. The increased schedule means that, for the first time since the Heathrow to Inverness route was reinstated in 2016, an aircraft will be parked overnight at Inverness Airport and British Airways customers will be able to travel between the two cities, com- Air Astana plete a full working day, and return will open its home the very same day. LCC operation next year. TrueNoord secures further Photo: funding to drive growth plans Air Astana TrueNoord, the regional aircraft lessor, has secured new investment from ex- Air Astana plans low cost offshoot isting and new investors. This brings to- New subsidiary to launch in 2019 tal equity available to nearly US$400m to expand TrueNoord’s aircraft portfo- Air Astana has announced that it is Arystan will operate from multiple ence at Cebu Pacific and Virgin lio and partially refinance the existing to launch a low-cost airline in the aircraft bases in Kazakhstan with Blue. Although FlyArystan will be a fleet as it embarks upon the next phase first half of 2019. The airline will routes and aircraft bases to be an- low-cost airline, with very different of growth. It complements a senior se- be called FlyArystan. It will oper- nounced over the coming months. service procedures to those of Air cured debt facility of US$500m which Astana, it is to be stressed that as a was announced in July. ate a fleet of Airbus A320 aircraft configured to an all-economy class FlyArystan’s management team division of Air Astana, there will be Vueling launches Vueling Holidays of 180 seats. It will operate a classic has already been appointed and no degradation of airline safety or Vueling Airlines, low cost carrier part LCC model, strictly reliability standards. of IAG group, and Expedia Partner following the exam- All safety standards Solutions (EPS), a B2B brand of Expe- ples of highly suc- “It will be good for the mid to long-term and regulatory pro- dia Group, launch Vueling Holidays, a cessful airlines such cesses to which Air new offer that will provide affordable as easyjet, Indigo, prospects of Air Astana.” Astana is subject, flight and hotel travel packages to the Cebu Pacific, and Peter Foster, President & CEO of Air Astana will automatically airline’s passengers for the first time. Air Asia. It will offer apply to FlyArystan. In an exclusive agreement, Vueling low airfares – ap- Finally, and as usual Holidays, powered by Expedia’s proximately half of what Air Astana is drawn from Air Astana’s senior with Air Astana, the project will be white-labelled online template, gives offers today – on mostly domestic local managers, whom the airline entirely self-funded. FlyArystan will travellers access to flight and hotel routes – but it is expected to ex- has been developing for the last require no capital from sharehold- package deals, including Expedia pand onto regional international 16 years. The team will be led by ers, no state subsidies or external Group’s global supply of more than routes in the mid-term. It will oper- Tim Jordan, a British-Australian financial support of any kind. 500,000 accommodations in over ate initially four aircraft, growing to national with more than 15 years’ 25,000 destinations worldwide. a fleet of at least 15 by 2022. Fly- senior LCC management experi- Continued on page 3

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PeterUnited Foster, is also Presidentcommitted & CEOto improving of Air Astana, the entertainment changing localoptions and for regional include airline English business closed captioning.ling public, Select who willDIRECTV be ablechannels to benefit also include from wascustomers quoted with as saying disabilities. “FlyArystan Earlier is thisthe resultyear, the environment.airline began Itoffering will be closed good for captioning the mid towhen significantly the TV station cheaper makes airfares it available. on domestic United conand- ofa new much main serious menu thought category and on internal seatback business on-demand long-term that is labelled prospects Ac- of tinues Air Astana, to add and weadditional regional accessible routes”. entertainment and screening op- planningcessible Entertainment. and comes as This a result new ofsection a rapidly makes hope, it easier very for welcome custom -to thetions Kazakhstan across its travel fleet.- ers with hearing and vision challenges to find accessible entertainment options, grouping all of the titles that are either audio descriptive or Unique highlights of United’s personal device entertainment program- closed captioned in one main menu category. Seatback on-demand is ming include: an exclusive partnership with VEVO, delivering new, cu- one of United’s entertainment options available on 757, 767, 777 and rated music video playlists each month; relaxation content including AIRCRAFT & ENGINE NEWS First A330-800 successfully completes maiden flight 787 aircraft. The carrier currently offers approximately 20 different Headspace, a popular meditation app and Moodica, which takes the movies and TV shows that are audio descriptive and more than 50 that brain on a much-needed vacation using videos. Norwegian Air Shuttle ASA to sell five A320neo aircraft Arctic Aviation Assets, a subsidiary of Norwegian AirAIRCRAFT Shuttle ASA, &has ENGINE signed an agreementNEWS for the sale of five Airbus 320neo aircraft. The aircraft Orders and deliveries – Boeing and Airbus are currently leased out and thus not operated byAerCap the company. leased, Deliverypurchased will takeand placesold 114 dur- Airbus v Boeing: Orders and Deliveries ingaircraft the fourth in the quarter first ofquarter 2018. The of 2018transaction March 2018 YTD isAerCap expected has announcedto increase itsthe major company’s business liquidity trans- Airbus Boeing byactions US$62 during million the after first repayment quarter of of2018. debt The and Com to- Type Orders Deliveries Type Orders Deliveries havepany a signed positive lease equity agreements effect. Sale for proceeds 83 aircraft, will beincluding used to 15 repay wide-body debt. aircraft and 68 narrow- A320 Family 37 95 737 171 132 body aircraft. AerCap purchased seven aircraft, A330 -6 8 747 14 2 including two Airbus A320neo Family aircraft, two Airbus A350s and three Boeing 787-9s and A340 0 0 767 7 4 Skyworldexecuted sale Aviation transactions arranges for 24 saleaircraft, of threeinclud- TheA350 first A330-800 performed its 0maiden flight on 17November 6 777 5 Photo:12 Airbus Saabing 11 2000s Airbus A320 Family aircraft, four Airbus A380 14 1 787 24 34 A330s, one Airbus A340, one Boeing 737 Classic, Aegean Airlines has selected the Pratt & Whitney GTF™ engine to power up to 62 Airbus The first Skyworld Aviation delivered three Saab 2000s one Boeing 737NG, two Boeing 777-200ERs and A330-800Total development aircraft45 to fly, 121MSN1888, hasTotal landed at Toulouse-Blagnac,221 France 184 after earlier this year to the Directorate General De- one Boeing 787-8 from AerCap’s owned port- successfullySource: Airbus completing its first flight which lasted four hours and four minutes. TheSource: aircraft, Boeing the fence Purchase of Pakistan, arranged on behalf folio and two Airbus A320 Family aircraft and second member of the A330neo Family, is powered by the latest technology Rolls-Royce Trent ofone Swedish Boeing shipping 737 Classic company from AerCap’s Erik Thun managed AB. The 7000Airbus turbofan booked engines. orders for “Today’s eight A320 first Familyflight ofsingle-aisle the A330-800 jetliners is the inlatest the NEO addition and CEO to ourversions efficient aircraft,portfolio. serial The Companynumbers continues024, 038 and to 062manage were 12 wide-bodyduring March, family,” while said delivering Guillaume 56 Faury,aircraft President in the monthAirbus from Commercial across the Aircraft. company’s “The in-produc A330-800- previouslyaircraft that in were operation sold from with its owned BRA (Braathensportfolio istion an exceptionallysingle-aisle and versatile widebody ‘route-opener’, product lines. offering unbeatable economics for airlines – encom- Regionalduring the Airlines) quarter. of AerCap Sweden. has The signed original financing agree- passingBoeing generatedeverything a from total short- of 197 to orders very-long in March haul wide-body including amissions.” staggering He 160 added: 737s. “We Deliveries look for in- menttransactions was signed for US$2.9bn. under a formal procedure at wardthe stated to the month successful reached flight-test 91 planes campaign, across leadingthe in-production to certification product next line. year.” the Ministry of Defence production headquar- The A330-800’s development program will include around 300 flight-test hours, paving the ters in Islamabad on February 16, 2018. Serial way for certification in 2019. Its sibling, the larger A330-900 family member, recently complet- numberLion Air 038Group (SE-MFF, orders now 50 J-038) 737 MAX was the10 firstair- ed its development testing and certification program which validated the A330neo Family’s toplanes be delivered in April 2018, quickly followed tifiedcommon on engines,Boeing’s systems, Orders cabin & Deliveries and flight website. & groundJetBlue operations. selects Pratt & Whitney Geared by serial number 024 (SE-LTX, now J-024). Serial TheThe Lion A330neo Air Group comprises was the two first versions: to put the the 737A330-800 Turbofan™ and A330-900. engines Both of these wide-body Boeing and the Lion Air Group have announced aircraft incorporate new Rolls-Royce Trent 7000 engines, nacelle, titanium pylon, new wings number 062 (SE-LTU) was the last to depart on MAX 8 into service and the first to order the 737 the airline has purchased 50 of Boeing’s new 737 and offer an exclusive ‘Airspace by Airbus’ passengerJetBlue experience. Airways hasThe larger selected A330-900 the Geared will ac - Tur- June 18, and is re-registered as J-062. All were MAX 9. Last month, the Group became the first MAX 10 airplanes. The deal, valued at approxi- commodate up to 287 seats in a typical three-classbofan™ layout, (GTF) while engine the A330-800 to power will an typically additional subject to work packages at Täby Air Mainte- to take delivery of a 737 MAX 9, using the air- mately US$6.24bn at list prices, is the largest plane’sseat added257 passengers capacity to in launch three classes.several interna- 45 Airbus A320neo family aircraft. With the nance in Orebrö, Sweden prior to ferry flight. incremental order to date of the MAX 10 vari- tional routes. airline’s previous order of 40 GTF-powered ant. The order was previously listed as uniden- A320neo family aircraft, JetBlue has now com-

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AIRCRAFT & ENGINE NEWS Air Botswana takes delivery of first ATR 72-600

CDB Aviation and SpiceJet sign lease agreement for three 737 MAX aircraft CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has signed an agreement with In- dia’s low-cost carrier SpiceJet for the long-term lease of three Boeing 737 MAX 8 aircraft. The first MAX is expected to deliver in December 2018, with the remaining two aircraft slated for delivery in September and November 2019. In Janu- ary 2018, CDB Aviation and SpiceJet entered their first deal for the MAX. With today’s announce- ATR 72-600 Air Botswana Photo: ATR ment, the carrier will have a total of eight MAX aircraft on long-term lease from CDB Aviation. Air Botswana, the Botswana national flag carrier, took delivery of its first ATR 72-600 on No- vember 2. The aircraft, delivered in Toulouse, is the first of a contract signed in July for two ATR 72-600s. The second is planned for delivery before the end of the year. The ATR 72-600s will upgrade Air Botswana’s current fleet of three ATR 42-500s and one ATR 72-500s. The brand-new Finnair to renew entire cabin of ATR airaircraft is configured with a 70-seat, dual-class cabin and equipped with the latest avionics. With craft fleet these two ATR 72-600, the Botswana airline makes a clear forward looking decision to benefit from a fleet with the most-modern turboprops equipped with cutting-edge technology. Finnair will renew the entire cabin of its ATR aircraft, and introduce a new Premium Economy cabin class for its long-haul fleet. These investments speak of Finnair’s commitment to offer a high level of customer comfort and increased Embraer and American Airlines sign new contract for 15 E175s choice for its customers. Finnair’s ATR aircraft are currently used for domestic flights in Finland, on flights to the Baltics, to Gdansk in Poland and to Stockholm’s Bromma airport. The flights are operated by Finnair’s partner Norra. The cabin re- newal will include new seats, new carpets and a harmonized and fresh cabin interior design. The first ATR aircraft with the renewed cabin is -ex pected to be in operation in summer 2019, and the refurbishment of all 12 aircraft will be completed by the end of Q1, 2020. Finnair will also introduce a new cabin class, Premium Economy, for its entire long-haul fleet from 2021. Located in its own cabin, the Premium Economy class will American Airlines signs new contract for 15 E175s Photo: Embraer feature highly customized designs for Finnair and provide customers with increased space and Embraer and American Airlines have signed a firm order for 15 E175 jets. The contract has a comfort, along with an enhanced service offer- value of US$705 million, based on current list prices, and will be included in Embraer’s 2018 ing. The rollout of the Premium Economy class fourth-quarter backlog. Deliveries will take place in 2020. Combined with the airline’s previous to Finnair’s long-haul fleet starts in Q4 2020 and orders for the E175, this new contract results in a total of 104 E175 jets for American Airlines is expected to be completed by the end of 2022. since 2013. The most recent order took place in May 2018 for 15 aircraft. American Airlines Detailed planning of the cabin design, service has selected Envoy, a wholly owned subsidiary of American Airlines Group, to operate the 15 concept as well as the commercial aspects are aircraft, which will be configured for a total of 76 seats, with 12 in First Class and 64 in Main currently ongoing, and Finnair will be communi- Cabin, including Main Cabin extra seats. cating more details at a later stage.

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AIRCRAFT & ENGINE NEWS Air New Zealand takes delivery of first A321neo

ATR and Air New Zealand explore future of regional aviation ecosystem including hybrid aircraft ATR and Air New Zealand have signed an agreement to explore the role of new propulsion technologies, could play in the future of the regional aircraft ecosystem. Under the agreement the partners will investigate the development of these new solutions and the required systems to support them such as airport and regulatory infrastructure, maintenance, ground and flight operations. Air New Zealand Chief Executive Officer Christopher Luxon says with New Zealand’s re- newable electricity supply and Air New Zealand’s comprehensive regional network, the country is seen as the ideal test bed for these technolo- Take-off of Air New Zealand’s first A321neo aircraft Photo: Airbus gies. “Hybrid aircraft are expected to enter the market in the next decade or so. Depending on Air New Zealand has become a new operator of the A321neo, following the delivery of this first when hybrid and electric technologies become aircraft this weekend. In total, Air New Zealand will acquire 20 A320neo Family aircraft. Air New available for larger turbo-prop aircraft, we be- Zealand’s first A321neo is painted in the airline’s iconic all-black livery. The aircraft is powered by lieve there is potential for these to be a viable Pratt & Whitney PurePower engines and accommodates 214 passengers in a comfortable sin- option for our regional network. “Our regional gle-class layout. Selected for its outstanding operational efficiency, comfort and range, Air New fleet accounts for approximately 40 percent of Zealand’s fleet of A320neo aircraft will initially add capacity on the carrier’s trans-Tasman and our domestic emissions so there’s an enormous Pacific Island routes and at a later stage on domestic services. Air New Zealand is an important opportunity for carbon savings. It could be a sig- operator of the A320 Family, with a total of 30 A320ceos currently in service on its domestic, nificant contributor to us reaching our twin goals trans-Tasman and Pacific Islands routes. of carbon neutral growth from 2020 and reduc- ing emissions to 50% of 2005 levels by 2050.”

Vietjet firms up on Farnborough MOU for 50 more Airbus A321neos MRO & PRODUCTION NEWS

GA Telesis signs new iGEAR agreement with major European airline GA Telesis (GAT) has reported that a major Euro- pean airline has entered into an exclusive multi- year agreement to receive rotable component flight-hour support through GAT’s Intelligent Global Engine and Airframe Replenishment (iG- EAR) program for its fleet of wide-body aircraft. Launched in 2016 and managed by GAT’s Com- ponent Solutions Group (CSG), iGEAR programs provide airlines and operators with access to a global distribution network for rotable inventory Vietjet orders 50 more A321neo aircraft Photo: Airbus and include 24/7/365 Live AOG support. The Subsequent to a Memorandum of Understanding (MOU) signed in July at the Farnborough agreement will cover ten aircraft supported via International Airshow, Vietjet Aviation Joint Stock Company (Vietjet) has signed a firm order GAT’s UK-based operations and customer sup- for 50 Airbus A320neo single-aisle jets, valued at approximately US$6.5 billion at list price. port and distribution center. This agreement will Nguyen Thi Phuong Thao, Vietjet President and CEO commented: “The fuel-efficient A321neo support the airline for five years with a multi- will enable us to increase capacity and help us to expand the network significantly, especially million-dollar dedicated pool inventory support- on international routes.” This latest agreement takes the number of A320 Family aircraft -or ing a span of 125,000 flight hours. In addition to dered by Vietjet to 171, while 46 have already been delivered. This leaves the airline with a rotable inventory support, they will also have backlog of 125 aircraft on order with Airbus for future delivery, comprising 120 A321neos and access to GAT’s comprehensive in-house compo- five A321ceos. The A321neo is the largest member of the Airbus single-aisle family, seating up nent and composite repair capabilities provided to 240 passengers in a single-class layout and is capable of flying up to 4,000 nautical miles by GA Telesis MRO Services business units that non-stop. According to Airbus, to date the A320 Family has won more than 14,700 orders and will contribute to delivering cost reduction and over 8,000 aircraft are currently in service with 334 operators worldwide. streamlining the airline’s supply chain. 6 Weekly Aviation Headline News

MRO & PRODUCTION NEWS Lufthansa Technik Intercoat automates INTERFILL® coating process Lufthansa Technik In- Japan Air Commuter renews Power-by- tercoat, a subsidiary the-Hour Service with C&L Aerospace of Lufthansa Technik C&L Aerospace (C&L), a C&L Aviation Group AG, has commissioned company, has renewed an agreement with Ja- the world’s first partly pan Air Commuter (JAC) to provide power-by- automated system for the-hour services for its fleet of Saab 340- air coating components craft. The multi-year contract includes rotable with INTERFILL®. As a inventory, landing gear and more, and will cover result, the components JAC’s fleet of Saab 340 aircraft. This agreement is can now be coated in a continuation of an original agreement, signed a single working step. The entire new system between the two companies in 2016. C&L, head- concept was devel- quartered in the USA, is one of the largest Saab oped in-house at Luf- 340 MROs in the world and is a dominant player Lufthansa Technik Intercoat automates INTERFILL® coating process Photo: LHT thansa Technik Inter- in Saab 340 after-market support. Its compre- coat. Lufthansa Technik Intercoat specializes in the repair of components using an advanced hensive and proven Saab 340 support continues epoxy coating process. For this purpose, the company from Kaltenkirchen, Germany, devel- to make it an ideal partner for JAC. oped a material called INTERFILL® that is based on epoxy resin. The material gives components from the aviation, rail and automotive industries a new life cycle and improves their operational characteristics. Until recently, the advanced epoxy coating process was completely manual, MEKCO Group enters into elite partner- but now a part of the coating process can be automated. The component is fastened to a ship with SATTO rotating device in a working booth. A robotic arm then applies INTERFILL® to the component surface through a fine nozzle. A special applicator ensures that the ideal dose is applied with MEKCO Group, a provider of aircraft cabin con- an even-layer thickness. The improved application method prevents air pockets from forming, nectivity and repair innovations, has entered which reduces the amount of corrective work that may otherwise be necessary. The innova- into an elite partnership with SATTO®, a global tive system provides consistent, high-quality results and saves a considerable amount of time. leader in composite and plastic interior repair solutions. This partnership brings the first FAA/ EASA-approved SATTO repair center to the Unit- ed States and will do business under the name EngineStands24 to open new hub in Dubai SATTO Repair Center, USA. SATTO Repair Center, USA will begin providing services to customers beginning in the fourth quarter 2018. SATTO So- lutions, a product line under the SATTO brand, was established in 2013 to provide engineered Rapid Repair System processes that enable long- lasting repairs to aircraft cabin interior plastics and composites. Many of these unique solutions take less than 30 minutes to cure with no heat required, and repaired parts can tolerate twisting and bending far beyond normal usage. The Rapid Repair System is fully compliant with REACH, MSDS requirements, and has received approvals for burn, flammability, tensile, smoke and toxicity tests. The partnership allows MEKCO Group to expand their capabilities to repair and modify aircraft interiors and composites using the SATTO Solutions, Rapid Repair Systems on a Photo: EngineStands24 wide range of cabin repairs, including: Cracked or crushed composite skin, skin blistering, de- “Without doubt, Dubai is a strategic location for us, since it is situated in the heart of one laminating due to water ingress, impact dam- of the largest aviation markets. Moreover, being next to Al Maktoum International Airport age, pulled inserts, and chipped or scratched and just half an hour drive from Dubai International, our new hub will be able to deliver en- composite skin. gine stands to major world locations within just a couple of days or even hours,” shares Daiva Žemaitė, the Head of EngineStands24. The new hub will store stands for narrow-body aircraft engines, including those for CFM56-5A/B, CFM56-7B and V2500. The warehouse will also be supplemented with a range of wide-body aircraft engine stands. The hub, which is set to start GAMECO expands scope of Airbus man- operations in 1Q 2019 will become EngineStands24’s fourth location – the first outside Eu- aged inventory agreement with Satair rope. The company is working to establish engine stand hubs in the USA and South-East Asia At the Zhuhai Airshow, GAMECO (Guangzhou in the upcoming future. “Opening a new warehouse in Dubai is an important step for both Aircraft Maintenance Engineering Co.) signed an Magnetic MRO and EngineStands24, as we keep expanding into the Middle Eastern MRO mar- extension with Satair to its long-term agreement ket. It complements our upcoming offerings in the region,” comments the CEO of Magnetic for the Airbus Managed Inventory (AMI) service. MRO, Risto Mäeots. The agreement extends the contract scope to 7 Weekly Aviation Headline News

MRO & PRODUCTION NEWS GKN Aerospace, COMAC and AVIC to jointly manufacture advanced aerostructures include further frequently moving expendable parts underlining the flexibility inherent in the AMI service offering. Both parties are ready to contribute their efforts in advancing win-win cooperation for sustainable development. When announced at the Zhuhai Airshow in November 2016, GAMECO was the first customer in China for Satair’s AMI solution. After reformation, the two parties have jointly promoted data sharing and system integration. In the form of automatic replenishment to provide GAMECO with efficient aviation materials support management services, Airbus has carried out real-time monitoring of AMI project inventory. GAMECO has ensured effectiveness of work-out by capturing material consumption information in real-time and automatically triggering replenishment orders within Contract signing GKN Aerospace, COMAC and AVIC International Photo: GKN Aerospace the agreed inventory levels. Today GAMECO provides comprehensive and guaranteed aircraft At the Zhuhai Air Show, GKN Aerospace, COMAC subsidiary SAMC (Shanghai Aircraft Manufac- maintenance services for more than 200 Airbus turing Company), and AVIC International (Aviation Industry Corporation of China) have today aircraft that operate in China. signed a Framework Agreement to establish a joint venture for aerostructures manufacturing in China. This Framework Agreement enshrines the progress made by the parties since signing an MOU in September 2017 and represents a significant milestone in their co-operation Rolls-Royce signs engine and service together. The joint venture is scheduled to begin production Q4 2021 in a new state-of-the-art agreement with China Eastern facility. Locations are currently being evaluated. The joint venture will manufacture products for the civil aerospace market. This development puts the partners at the heart of the Asian Rolls-Royce has signed a Trent XWB engine and aerospace market which is a key growth market for the future. The new joint venture will long-term TotalCare® service agreement with open up new business opportunities for GKN Aerospace’s industry-leading aerostructures’ China Eastern Airlines involving the airline’s 20 business and its partners. GKN Aerospace and its partners will, as a result of the joint venture, Airbus A350-900 aircraft. The agreement, worth be able to offer its customers technologically advanced aerostructures, both metallic and com- over CNY10 billion (over US$1.1bn), is expected posite, that have a proven record in the global market. After the start-up period the scope of to be one of the largest deals announced at the the joint venture will be extended to include design and development capability. The expan- first China International Import Expo (CIIE) taking sion to Asia is an important part of GKN Aerospace’s long-term growth strategy and global place in Shanghai from 5-10 November, 2018. operating model. This summer GKN Aerospace announced to open a new wiring systems China Eastern ordered 20 Airbus A350 XWB air- plant in Pune, India and in October GKN Aerospace officially opened a new aero-engine repair craft in 2016 to strengthen its wide-body fleet and research plant in Johor, Malaysia. GKN Aerospace now operates seven facilities in Asia, for international routes and to meet the needs delivering wiring systems, transparencies and services in China, India, Malaysia, Singapore, of the fast-growing Chinese aviation market. This Thailand and Turkey. With this Chinese joint venture, GKN Aerospace’s business will have its latest announcement follows a Letter of Intent first aerostructures venture in the Asian-Pacific region. The establishment of the joint venture (LOI) signed in 2017. Rolls-Royce Trent 700 en- is subject to the fulfilment of certain conditions including, but not limited to, approvals by the gines already power all of China Eastern Airlines’ relevant authorities. 59 Airbus A330 aircraft in service.

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MRO & PRODUCTION NEWS MTU Maintenance signs CFM56 engine MRO contract with Regent Airways

Satair and Regent Aerospace sign long- term co-operative agreement for aircraft cabin upgrades and refurbishments Satair and Regent Aerospace Corporation of Valencia, California, USA, have signed a multi- year, global co-operative agreement at the MRO Asia-Pacific exhibition in Singapore, for the MRO solution and supply of aircraft cabin repairs, refurbishment, modifications, reconfigurations and upgrades for Satair’s integrated approach to offer additional MRO services and solutions for airlines, lessors and MROs worldwide. This is the first time that Satair has entered into an agreement of this kind with an aircraft cabin/ OEM supplier. As a global center of excellence on commercial aircraft cabin interiors, Regent will help Satair to offer additional services and solutions for the airlines, lessors and MROs across the globe who want geographical and total solutions for their fleets. The agreement offers new CFM56-7B engine Photo: MTU avenues of opportunities for both companies to expand cabin interior market share by building MTU Maintenance has signed a CFM56-7 engine MRO contract with new customer Regent new revenue streams while in the process satis- Airways. The seven-year contract covers the maintenance repair and overhaul of the engines fying growing customerdemand. powering the airline’s six Boeing 737 aircraft, as well as spare engine leasing and reliable on- site support. Regent Airways is a privately-owned Bangladeshi airline. Based at Dhaka Hazrat Shahjalal international airport, the company started commercial operations in 2010 and flies national and international routes to destinations including India, Malaysia, Nepal, Oman, Qa- Malaysia Airlines Berhad and Revima sign tar, Saudi Arabia, Singapore and Thailand. an A330 enhanced landing gear support agreement Malaysia Airlines Berhad (MAB) has entered into a maintenance agreement with Revima for the UTC Aerospace Systems and Lufthansa Technik sign component service agreement support of the airline’s A330 enhanced landing gears. Through this agreement, Revima will provide repair and overhaul services for 19 of MAB’s A330 aircraft. Services cover landing gears and related components from 2019 to 2024, with an exchange solution. The overhauls will be carried out at Revima’s main facility located in Norman- dy, France. Revima will also provide engineering and onsite support to MAB.

LHT signs first comprehensive Cyclean En- gine Wash contract with SIAEC, LHT Shen- zhen now approved service provider for COMAC Lufthansa Technik AG has signed its first comprehensive Cyclean® Engine Wash contract with SIA Engineering Company Limited (SIAEC) at the PW 1100 engine Photo: LHT MRO Asia-Pacific in Singapore on November 7. The long-term cooperation is set to last for five UTC Aerospace Systems and Lufthansa Technik have signed a life of program component ser- years. With this contract, SIAC will now clean the vice agreement for maintenance of Geared Turbofan (GTF) engine accessories, integrated and engine types of its major customers under Singa- supplied by UTC Aerospace Systems for the A320neo. Under this agreement, Lufthansa Tech- pore Airlines Group with Cyclean® Engine Wash nik will develop repair capabilities for certain UTC Aerospace Systems’ GTF engine accessories. at Singapore-Changi Airport with. This includes UTC Aerospace Systems will provide GTF engine accessory parts and certain repair services to the Rolls-Royce Trent 700, 800, 900, 1000 and Lufthansa Technik. By cooperating in repair development and sharing maintenance practices, XWB engines, the Pratt & Whitney PW4000 and both companies will be able to offer improved aftermarket services aimed at reduced operating General Electric GE90-115 for Singapore Airlines costs. and Scoot Tigerair. Cyclean® Engine Wash is per- 9 Weekly Aviation Headline News

MRO & PRODUCTION NEWS MTU Maintenance signs multiple contracts at Zhuhai Airshow formed as part of maintenance work, in transit between two flights or overnight. It shortens conventional engine washing time by up to 80 percent and enables unrestricted execution not only in the hangar but everywhere at the airport. Cyclean® Engine Wash can be applied to all current engine types of the leading manufacturers General Electric, Rolls-Royce, Pratt & Whitney, CFMI and IAE. Since its market launch in 2007, more than 70 airline customers worldwide have decided on Cyclean® Engine Wash up to today. Furthermore, Chinese aircraft manufacturer CO- MAC (Commercial Aircraft Corporation of China) has officially approved Lufthansa Technik Shenz- hen as their first MRO service provider in China for ARJ21 engine nacelles and components. Prior to the approval, the Lufthansa Technik subsidiary had successfully performed an on-site audit in December 2017. Located in the Chinese prov- MTU Maintenance Zhuhai and Hainan Airlines sign contract for V2500 MRO services Photo: ©MTU ince of Guangdong, Lufthansa Technik Shenzhen had added the COMAC ARJ21 regional jet to its MTU Maintenance Zhuhai signed a number of agreements at the Zhuhai Airshow in China this service portfolio in 2016. Since then, the com- morning. The first was a five-year agreement with longstanding customer Hainan Airlines for V2500 pany has carried out modifications to several MRO services. Hainan Airlines and MTU Maintenance Zhuhai have worked together on CFM56 en- shipsets of the regional jet’s engine fan cowls gines for well over ten years and are now expanding their cooperation to include the V2500 engines and thrust reversers. Lufthansa Technik Shenz- powering the airline’s A320 fleet. hen is authorized by Middle River Aircraft Sys- Furthermore, MTU Maintenance Zhuhai committed to supporting China Southern Air Leasing Com- tems (MRAS), a subsidiary of General Electric, to pany with V2500 teardown and material management services. Cooperation was also intensified carry out maintenance, repair and overhaul for with joint venture partner China Southern Airlines, with commitments to providing training for ARJ21 engine nacelles. China Southern maintenance and engineering staff regarding on-site repairs. This benefits both parties equally: it enables China Southern to improve its competencies in this area, and MTU Main- tenance Zhuhai gains additional flexibility to serve other customers with on-site and AOG support. AAR and Ameco sign long-term RB211 re- Beyond the agreements signed on November 7, contracts were signed with both Vietnam Airlines pair deal at MRO APAC for V2500 engines and VietJet Air for their CFM56-5B engines earlier in the year. These are MTU Maintenance Zhuhai’s first contracts in Vietnam and a significant milestone in becoming the mar- AAR, a global provider of aftermarket aviation ket leader in Asia. In total, the above mentioned contracts are estimated to have a value of over services for commercial airlines, has signed a US$500 million. long-term contract with Ameco, an MRO expert in RB211 repair and disassembly, on Wednesday at MRO APAC. The deal positions AAR to provide long-term support to customers in the market for this Rolls-Royce engine. The agreement in- Revima sets up a new Landing Gear MRO facility in Thailand cludes AAR’s cooperation with Ameco to provide Revima, the independent MRO solu- RB211 repair/exchange and leasing services, tions provider specialized in APUs, en- highlighting AAR’s flexibility for its customers in gine parts and landing gears, reaffirms more than 100 countries around the world. “We its increased presence in the Asia Pacif- are looking forward to a long and stable partner- ic Region. With the aim of continuously ship with AAR,” said Bin Teng, General Manager improving customer service and prox- of Marketing and Sales, Ameco. “Our relation- imity, Revima will open a new state-of- ship will prove beneficial to both parties over the-art landing gear overhaul facility in the next 15 years.” Thailand in 2020. The facility will initially focus on Airbus A320 and Boeing 737 family landing gears and serve as a Revima customer service center for the Asia Pacific region. It will be strategically located within the Eastern Economic Corridor (EEC) in Amata City Chonburi’s Free Magellan awarded CA$140 million con- Zone, a world-class industrial park south of Bangkok, close to main highway connections, the tract extension with Airbus international airport, major seaport and U-Tapao Airport, a growing maintenance hub currently being developed. It will be equipped with the latest state-of-the-art machines and will Magellan Aerospace Corporation (Magellan) has include all necessary special processes for full in-house repair & overhaul landing gear opera- secured a six-year agreement with Airbus for a tions. Revima’s Thailand facility will be “digitally connected”, from its machines to its technical contract extension for the manufacture of A350 documentation, warehouses, monitoring and customer communication systems. It will also XWB centre wing box and keel beam detail parts. be environmentally friendly, with zero rejection waste water systems and state-of-the-art fire It is estimated that revenue generated from detection and suppression technology. this work package will exceed CDN$140 million 10 Weekly Aviation Headline News

MRO & PRODUCTION NEWS AEI continues B737-400SF program success with order from Automatic

(US$106 million) over the term of the contract. The package consists of a number of large struc- tural, machined components, and will be manu- factured by Magellan in the United Kingdom and supplied to the Airbus assembly facility in Nantes, France.

GA Telesis grows MRO business GA Telesis has reported a record third quarter for the Company. In the third quarter ending September 30, the group obtained both Chinese and Vietnamese regulatory approvals as well as deploying new product capabilities to support the A320, B737NG, and B777. In January, the MRO Services Group announced a long-term Aeronautical Engineers (AEI) has signed a contract with Automatic to provide the com- Repair and Overhaul License Agreement and pany with another B737-400SF freighter. At the beginning of this year, AEI celebrated Parts Supply Agreement with Honeywell. Dur- delivering its 100th B737-400SF freighter conversion and orders for the conversion plat- ing this same time period, the Company added form remain strong. several new products to its existing agreement The Automatic B737-400 (MSN 25853) commenced modification yesterday and will be with Honeywell, which broadens the offerings re-delivered in early March 2019. The completed B737-400SF will be operated by UK- to its customer base. Products include electro- based Titan Airways and represents the airline’s second 400-series freighter. Commercial mechanical, pneumatic and mechanical LRU’s Jet’s Dothan, Alabama facility is handling the modification touch-labor and maintenance covering a variety of Airbus, Boeing, Bombardier requirements for the aircraft. and Embraer fleet applications. The Company plans to continue its OEM alignment strategy with other manufacturers that will allow it to provide repairs using OEM genuine parts and approved procedures at competitive rates.

2018 NAV. The addition of ORIX, an investment- third-quarter 2018 net income of CA$645 mil- MTU Maintenance Zhuhai’s joint venture grade institution, diversifies and strengthens lion compared to third-quarter 2017 net in- contract extended by 20 years the financial profile of Avolon’s shareholder come of CA$1.723 billion. The net income in base and facilitates positive credit-rating mo- the third quarter of 2017 included an income MTU Aero Engines and China Southern Airlines have extended their joint venture contract for mentum. Additionally, the new governance tax recovery of CA$758 million. Net cash flows its joint engine MRO facility, MTU Maintenance structure enhances protections for minority from operating activities of CA$371 million in Zhuhai, by 20 years to 2051. The company is in shareholder and debt investors. the third quarter of 2018 decreased $122 mil- the process of expanding the facility by 50% for lion compared to the third quarter of 2017. the second time in less than ten years. Capac- Free cash flow of CA$470 million in the third quarter of 2018 represented an increase of ity will be increased from 300 to 450 shop visits Air Canada´s third-quarter net income CA$146 million from the third quarter of 2017. per year by 2021. MTU Maintenance Zhuhai is down a 50-50 joint venture between the two compa- Third-quarter 2018 free cash flow included net nies and was set up 2001. It services V2500 and Air Canada has reported third-quarter 2018 proceeds of CA$293 million from the sale of 25 CFM56 engines and the 2,500th engine through EBITDAR of CA$1.265 billion compared to third- Embraer 190 aircraft. (US$1.00 = CA$1.31 at the shop, a V2500 has just been redelivered. quarter 2017 EBITDAR of CA$1.360 billion. Air time of publication.) Canada reported operating income of CA$840 million compared to operating income of $976 million in last year’s quarter. The airline re- Icelandair Group acquires WOW air ported third-quarter adjusted pre-tax income FINANCIAL NEWS of CA$793 million compared to adjusted pre- Icelandair Group has entered into a share pur- tax income of CA$922 million in the prior year’s chase agreement to purchase all shares in the ORIX acquires 30% stake in Avolon with quarter. On a GAAP basis, in the third quarter airline WOW air. The acquisition is subject to enterprise value of US$23.7 billion of 2018, Air Canada reported income before in- approval by Icelandair Group’s shareholders, come taxes of CA$876 million compared to in- the approval of the Icelandic competition au- Avolon, the international aircraft leasing com- come before income taxes of CA$965 million in thorities, and due diligence. As consideration pany, has released that ORIX Corporation the third quarter of 2017. Air Canada reported for the shares, the shareholders of WOW air (ORIX), through its wholly owned subsidiary adjusted net income of CA$561 million in the will, subject to conditions, receive a total of ORIX Aviation Systems, has completed the ac- third quarter of 2018 compared to adjusted 272.341.867 shares or the equivalent of 5.4% quisition of a 30% stake in Avolon from Bohai net income of CA$922 million in third quarter of Icelandair Group’s shares after the transac- Capital for US$2.2 billion, based on a March 31, of 2017. On a GAAP basis, the airline reported tion. Thereof, 178.066.520 shares or 3.5% of 11 Weekly Aviation Headline News

reported basis, Helicopters’ revenues reflected ating profit at S$21.5 million was S$17.3 million FINANCIAL NEWS the perimeter change from the sale of Vector or 44.6% lower. Share of profits of associated Aerospace in late 2017. Revenues at Airbus and joint venture companies increased S$18.4 the shares as consideration for the sold shares. Defence and Space reflected a stable core busi- million or 41.8% to S$62.4 million, with the The consideration can increase to 4.8% or de- ness and the perimeter change mainly related engine and component centers contributing crease to 0.0% in accordance with certain con- to the divestment of Defence Electronics in S$62.1 million, an increase of S$18.0 million ditions set forth in the share purchase agree- February 2017 and Airbus DS Communications, or 40.8%, while the airframe and line mainte- ment. 94.275.347 shares or 1.8% of the shares Inc. in March 2018. Consolidated EBIT Adjust- nance segment earned a profit of S$0.3 million, will be paid due to conversion of a subordi- ed – an alternative performance measure and a turnaround from a S$0.1 million loss incurred nated loan into equity. All of sellers’ shares in key indicator capturing the underlying business in the same period last year. (US$1.00 = S$1.38 Icelandair Group will be subject to restrictive margin by excluding material charges or prof- at time of publication.) covenants for six months and half of the shares its caused by movements in provisions related will be subject to restrictive covenants for a fur- to programs, restructuring or foreign exchange ther six months. The companies will continue impacts as well as capital gains/losses from the AeroCentury reports third-quarter 2018 to operate under separate brands. Their com- disposal and acquisition of businesses – totaled net loss of US$4.5 million bined market share on the transatlantic market €2,738 million (9m 2017: €1,208 million). Air- is around 3.8%. The acquisition creates oppor- bus’ EBIT Adjusted of €2,340 million (9m 2017: AeroCentury Corp., an independent aircraft tunity for both companies to become even bet- €806 million) was driven by the A350 perfor- leasing company, has reported a third-quarter ter prepared to provide international carriers mance and higher deliveries, particularly for net loss of US$4.5 million, compared to a net with strong competition in the international the A320neo. Consolidated free cash flow be- loss of US$81,000 for the second quarter of airline market. fore M&A and customer financing amounted to 2018 and net income of US$0.4 million for the €-4,169 million (9m 2017: €-3,344 million) and third quarter of 2017. The results announced now includes the A220. It reflects progress on are for the period ended September 30, 2018, aircraft deliveries but also the ongoing ramp-up and therefore, do not reflect the combined Turkish Airlines posts record profit in and some finished aircraft. Consolidated free operations of the Company and its newly ac- first nine months 2018 cash flow of €-3,928 million (9m 2017: €-3,208 quired subsidiary, JetFleet Holding, which was Turkish Airlines has posted record profit from million) included around €0.4 billion of net acquired on October 1, 2018. In the first nine its main operations of US$1.149 billion in the proceeds from divestments at Airbus Defence months of 2018, the Company reported a net first nine months of 2018, despite increasing and Space. Cash flow for aircraft financing was loss of US$4.2 million, compared to net income fuel prices. Turkish Airlines increased both pas- limited. The consolidated net cash position on of US$1.4 million in the first nine months of senger and cargo revenues, achieving a total September 30, 2018 was €7.2 billion (year- 2017. The first nine months of 2018 included revenue of approximately US$4 billion in the end 2017: €13.4 billion) after pension funding US$1.6 million of other income resulting from third quarter of the year. Sales revenue in the of €1.0 billion in the third quarter. The gross payments received from a lessee of three air- first nine months increased by 20% to US$ 9.9 cash position was €18.3 billion (year-end 2017: craft that were returned to the Company dur- billion compared to the same period of 2017. €24.6 billion). With regard to full-year delivering 2017. The Company is accounting for the Turkish Airlines posted a net profit of US$755 ies, the A320neo ramp-up is ongoing but the payments from this lessee as they are received, million. In the first nine months of 2018, EBIT- level of disruption resulting from the late avail- and they are recorded in other income. The DAR (earnings before interest, taxes, deprecia- ability of engines in the first half of 2018 as well third quarter and first nine months of 2018 also tion, amortization and rent), which is used as a as some internal industrial challenges make included US$2.4 million of losses related to the cash generation indicator, increased by 16% to the full-year 2018 target a greater stretch. A sale of two off-lease turboprop aircraft, as well US$ 2.8 billion, with an EBITDAR margin of 28%. lot remains to be done before the end of the as impairment provisions totaling US$2.7 mil- year to fulfill commitments. The A330neo de- lion on four other off-lease turboprop aircraft livery schedule has been adjusted to reflect that have been identified for sale. the engine partner’s latest 2018 outlook. Fur- Airbus reports nine-months 2018 finan- thermore, Airbus is actively working to resolve cial results certain commercial challenges on the A330ceo Bombardier announces intention to cut Airbus Group has reported consolidated net in- and A380 programs that are targeted for com- 5,000 jobs – focus now on business jets come of €1,453 million (9m 2017: € 1,398 mil- pletion by the year-end. (€1.00 = US$1.13 at lion) and earnings per share of € 1.88 (9m 2017: time of publication.) At the same time as releasing third-quarter € 1.81(1)) included a negative impact from the 2018 figures, Bombardier, the Canadian plane foreign exchange revaluation of financial instru- and train manufacturer, has announced its ments partly offset by the positive revaluation SIA Engineering posts profit of S$78.5 intention to streamline the business in an- at of certain equity investments. The finance re- million for first half FY 2018-19 tempt to reduce annual expenditure by US$250 sult was €-413 million (9m 2017: € +101 mil- million at full run rate through the loss of up to lion). Net income also reflects a higher effective SIAEC Group has recorded a profit attributable 5,000 jobs by 2021. According to the company, tax rate from the reassessment of tax assets to owners of the parent of S$78.5 million for this will be achieved through “a company-wide and liabilities. Consolidated revenues increased the half year ended September 30, 2018. Reve- restructuring initiative focused on optimizing to €40.4 billion (9m 2017: €38.0 billion), mainly nue of S$509.0 million saw a decrease of S$38.5 production and management processes,- flat driven by Airbus and including the perimeter million or 7.0%, mainly from lower airframe tening management structures.” Bombardier changes. At Airbus, a total of 503 commercial and fleet management revenue. Expenditure will achieve this through the launch of “a new aircraft were delivered (9m 2017: 454 aircraft), came down by S$21.2 million or 4.2%, mainly enterprise-wide productivity program to - fur comprising 8 A220s, 395 A320 Family, 31 A330s, from lower material and subcontract services ther streamline, lean out and simplify the Com- 61 A350 XWBs and 8 A380s. Airbus Helicopters costs, as well as an exchange gain of S$1.7 mil- pany. The initiative includes two actions. First, delivered 218 units (9m 2017: 266 units) with lion compared to an exchange loss of S$2.8 mil- with the heavy aerospace investment phase revenues stable on a comparable basis. On a lion in the corresponding period last year. Oper- successfully completed, Bombardier will right- 12 Weekly Aviation Headline News

PASSENGER STATISTICS - October

• Ryanair has released its Oc- more than in the corresponding over year increase of 4.4%. Year or 8%, compared to the same tober traffic statistics including period of 2017. The number of to date traffic growth continues month last year. The total traf- Laudamotion traffic, as follows: passengers continued to grow in to outpace capacity additions. fic growth increased by 25% this Ryanair traffic grew 7% to 12.6 European and domestic traffic, month, driven by a 29% capac- million customers compared to which grew by 11.0% and 8.3% • Southwest Airlines’ October ity growth. The load factor was the previous year, with a 96% respectively. Finnair’s overall 2018 traffic increase 6.0% from 85%, down 2.4 points. load factor. Laudamotion traffic capacity increased in October October 2017 and capacity was 0.5 million customers with by 8.7% year-on-year, while Fin- increased 7.7%. The load fac- • International Airlines Group an 89% load factor. nair’s traffic grew by 5.3%. The tor was 84.5%, compared with traffic in October increased by higher ASK growth rate was re- 85.8% the previous year. 6.6% versus October 2017, while • Delta Air Lines has reported flected in the load factor, which Group capacity rose by 6.7%. operating performance for Oc- decreased year-on-year by 2.6% Group load factor for October points to 79.5%. • SAS reported that the number tober 2018. Total traffic for of passengers increased by 1.4% was 83.3%. October 2018 increased 2.7%, to 2.6 million in October 2018. while total capacity for the • announced October WestJet Capacity and traffic declined • United Airlines’ October 2018 month increased 3.% compared 2018 traffic results with a load by 0.6% and 1.0%, respectively. consolidated traffic increased to October 2017. Load factor factor of 80.9%, a decrease of Passenger load factor was slight- 7.5% and consolidated capacity was slightly down, 0.5 points to 0.8 percentage points year over ly down by 0.3 points to 74.6%. increased 5.9% versus October 85.5% compared to the previous year. Traffic increased 7.4% year 2017. UAL’s October 2018 con- year. over year, while capacity grew • Norwegian carried 3,388,898 solidated load factor increased 8.5% over the same period. 1.2 points to 83.2% compared to WestJet welcomed an additional passengers in October, an in- • In October Finnair carried crease of 240,387 passengers October 2017. 1,141,700 passengers, 8.2% 86,000 guests in October, a year

and Aerostructures segments. The Company after the assumption of certain liabilities, fees, FINANCIAL NEWS entered into definitive agreements for the sale and closing adjustments. A summary of the of the Q Series aircraft program and de Havil- quarter’s results is as follows: Earnings up 48% size and redeploy its central aerospace engi- land trademark to a wholly owned subsidiary year over year to US$271 million on US$3.6 bil- neering team. Key engineering team members of Longview Aviation Capital Corp. for approxi- lion revenues. Free cash flow usage improved will be redeployed to the business segments, mately US$300 million; and the sale of Business by US$125 million, 25% year over year. with the largest group moving to Business Air- Aircraft’s flight and technical training activities craft, to ensure they have all the necessary ca- to CAE and the monetization of royalties for pabilities for future business jet development approximately US$800 million. Both transac- programs.” Bombardier also announced the tions are expected to close by the second half sale of a number of non-core assets, in line of 2019, following the usual regulatory approv- with its strategy of focusing on growth oppor- als. Net proceeds from the transactions are tunities in its Transportation, Business Aircraft expected to be approximately US$900 million

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OTHER NEWS

Global aviation training organization CAE will provide easyJet with state-of-the-art pilot training facilities Photo: IATA Photo: easyJet The International Air Transport Association (IATA) announced global passenger traffic easyJet has partnered with CAE, a global leader in aviation training, which will deliver a fleet results for September showing that demand of brand new flight simulators to the airline and establish three new European easyJet pilot (measured in revenue passenger kilometers, training locations, which are set to become the most modern pilot training facilities in Europe. or RPKs) rose 5.5% compared to the same As part on the new agreement, CAE will build a new state-of-the-art training center in London month in 2017. This was a slowdown from the Gatwick with a dedicated space to serve easyJet’s training needs and deploy a total of nine 6.4% growth recorded in August year-over- Airbus A320-family full-flight simulators (FFSs) and three flight training devices (FTDs) in the year. Capacity climbed 5.8% and load factor new London Gatwick center and two additional training locations in Manchester, UK and Mi- lan, Italy. The centers will be ready for training starting in the second half of 2019. easyJet will slipped for the first time in eight months, be utilizing CAE’s latest-generation of flight simulators, including the CAE 7000XR FFS equipped down 0.3 percentage point compared to with the CAE Tropos™ 6000XR visual system, and will be the first airline to train its pilots us- the year-earlier period, to 81.4%. IATA esti- ing CAE’s latest-generation of FTDs, the CAE 600XR. These simulators are among the most mated that impacts from severe hurricane advanced pilot training technologies available in the industry today. and typhoon activity in September shaved around 0.1-0.2 percentage point off expected growth. However, even after accounting for these impacts, monthly traffic demand was below the 6.7% year-to-date pace. “While September’s traffic growth was in line with the long-term average, it represents a moder- ation compared to recent months. This is like- ly owing to the anticipated reduced demand boost from lower airfares due to rising airline cost pressures, particularly fuel. Heightened uncertainty about trade policies and mount- ing protectionist policies may also be having an impact,” said Alexandre de Juniac, IATA’s Director General and CEO. International RPKs climbed 4.9% with airlines in all regions re- cording growth compared to 2017. Total capacity climbed 5.1%, and load factor dipped Opening of Air BP’s newly upgraded fuel terminal at Dolvik, Norway Photo: ©Air BP 0.1 percentage point to 81.2%. Domestic demand climbed 6.5% in September compared Air BP, the international aviation fuel products and services supplier, has invested in upgraded to September 2017, which was a slowdown infrastructure at Dolvik terminal in Norway to provide a more efficient, lower carbon fuel compared to 7.5% year-over-year growth in supply. Improvements at the BP-owned terminal include an upgraded pipeline and new fuel August. This was partly due to afore-men- tanks with the capacity to store eight million litres of Jet-A1 fuel. This will offer greater security tioned weather-related disruptions. Capacity of supply to help meet the increasing demand for fuel at Norway’s second-largest airport, rose 7.4% and load factor slipped 0.6 per- Bergen. The terminal was inaugurated yesterday by Aslak Sverdrup, airport director, Avinor centage point to 81.6%. during a special ceremony. The project involved rebuilding three fuel tanks, building a new jetty, the integration of two fuel systems to optimize storage, improvements to on-site safety mechanisms and control system enhancements. Not only does the new facility deliver a more Pentagon 2000 Software, a provider of fully efficient supply route and greater supply security, but it will also reduce carbon emissions. It is integrated MRO and supply-chain software anticipated that delivering fuel direct by pipeline, as opposed to via road, will save around 300 solutions for the Aerospace & Defense in- tons of carbon emissions annually. dustry, has delivered direct system interfaces 14 Weekly Aviation Headline News

OTHER NEWS Recommended Events within the Pentagon 2000SQL™ system for the Aeroxchange AeroBuy® and AeroRepair® collaboration platforms. These interfaces have been developed in partnership with joint customers in order to enable real-time communication of purchase and repair orders between the Aeroxchange marketplace and Pentagon 2000SQL™ users, allowing Aerox- change members to more effectively connect and serve their most-valued trade partners. Aircraft Economic Life Summit 2018 These integrations ensure an advanced-func- November 20, 2018 – Gibson Hotel, Dublin, Ireland tion user interface that provides efficient and Inventory Optimization & Supply Chain Management 2019 optimized workflow. Support for both buyer- February 19-20, 2019 – Palma de Majorca, Spain side and a seller-side functionality is available, and additional work is underway with the Aeroxchange team to deliver Pentagon- 2000SQL™ interfaces for AeroComponent® and AeroMRO® in the future.

Xiamen Airlines has signed an agreement with GE Aviation on the Event Measurement Click here for more aviation events System (EMS) based Flight Analytics Services to further extend their strategic cooperation in digital. This service enables customers to cabin crew unions FIT CISL, ANPAC, and AN- effectively enhance flight safety, optimize PAV. This CLA, which delivers pay and benefit fuel efficiency and reduce operational costs improvements, will now apply to all of Ry- for the airline’s fleet. “We have enjoyed a anair’s cabin crew in Italy for the next three years. Over the past week, Ryanair has also healthy business relationship with GE Avia- AviTrader Publications Corp. tion since 1992,” said Zhao Dong, President signed new recognition agreements with cab- Suite 305, South Tower of Xiamen Airlines. “As the early user of GE in crew unions in Greece (RACU) and Sweden Aviation’s digital solutions in China, we are (UNIONEN). Ryanair will now work with these 5811 Cooney Road excited to further extend our collaboration unions on long-term CLAs to cover cabin crew Richmond, BC and continue to view GE Aviation as the in Greece and Sweden. Canada V6X 3M1 preferred team to power our continuous growth.” GE Aviation’s comprehensive digital Publisher INDUSTRY PEOPLE system enables customers to better manage Peter Jorssen operations with data-driven solutions and Tel: +1 604 318 5207 insights. The EMS-based flight analytics ser- • Exostar, a leader in trusted, secure vice integrates data sources like flight infor- business collaboration in aerospace and mation, weather, navigation, flight plans, and defense (A&D), life sciences, and health- Editor other operational data, and uses a powerful care, has announced that Philip E. Goslin Heike Tamm analytics engine to extract valuable insights has joined its Board of Directors. Gos- [email protected] for airline customers. lin currently serves as vice president of Tel: +34 (0) 971 612 130 Global Supply Chain for Lockheed Mar- Ryanair has signed a Collective Labour Agree- tin’s Rotary and Mission Systems (RMS) Advertising Inquiries and ment (CLA) framework and Social Plan with business area, which comprises more Customer Support than 1,000 programs around the world. Ver.di, the German cabin crew union, to cov- Jenny Vogel In that role, Goslin’s responsibilities span er all of Ryanair’s German based cabin crew. [email protected] This agreement (which is now subject to a all aspects of supply chain strategy, sup- cabin crew ballot) confirms the application of ply-chain operations, and subcontract Tel: + 49 (0) 8761 346 007 German labor law to Ryanair’s cabin crew and program management for RMS. Goslin delivers pay increases and other benefits for also currently leads Lockheed Martin’s For inquiries and comments, all Ryanair Germany-based cabin crew over Supply Chain Council. In that capacity, he please email: the next two years. Ryanair also confirmed oversees supply-chain policy, enterprise [email protected] that its Italian cabin crew have voted over- initiatives, and cross-business area col- whelmingly (88%) in favor of the CLA signed laboration. recently between Ryanair and the three main Page 1 of 4 November 12, 2018

Commercial Jet Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

A319-100 ORIX Aviation V2522-A5 1604 2001 Q1/2019 Sale Oisin Riordan [email protected] +353 86 335 0004

A319-100 ORIX Aviation V2522-A5 1445 2001 Q4/2019 Sale Oisin Riordan [email protected] +353 86 335 0004

A320-200 ORIX Aviation V2527-A5 4603 2011 Q1/2020 Lease Oisin Riordan [email protected] +353 86 335 0004

A321-200 Castlelake V2533-A5 3274 2007 Q4/2019 Lease Michael Hackett [email protected] +44 20 7190 6120

A321-231 Aircraft Recycling Intern. V2533-A5 3241 2007 Q4/2019 Lease Gabrielle Du [email protected] +852 37537347

A321-231 Aircraft Recycling Intern. V2533-A5 3251 2007 Q4/2019 Lease Gabrielle Du [email protected] +852 37537347 A330-200 Castlelake CF6-80E1A4 473 2002 Q4/2019 Lease Michael Hackett [email protected] +44 20 7190 6120

A330-200 Castlelake CF6-80E1A4 489 2003 Q4/2020 Lease Michael Hackett [email protected] +44 20 7190 6120

B737-5H6 Bristol Associates CFM56-3C1 26445 1992 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B737-800 ORIX Aviation CFM56-7B24E 40317 2012 Q4/2019 Sale / Lease Oisin Riordan [email protected] +353 86 335 0004

B737-800 ORIX Aviation CFM56-7B26/3 29660 2007 Q1/2020 Lease Oisin Riordan [email protected] +353 86 335 0004

B737-800 Willis Lease soon Sale / Lease Nick Pittler [email protected] +1 (415) 408-4775

B747-400 Bristol Associates 28812 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B747-400 Bristol Associates 30023 2000 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B757-223 (7x) Jetran RB211-535E4B various 91/92 Now Lease Nick Blowers [email protected] +1 (210) 269 3471

(2) B787-800 soon Sale / Lease Nick Pittler [email protected] +1 (415) 408-4775 Regional Jet / Turboprop Aircraft Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

ATR 72-202 ACI Aviation Consulting PW124B 455 1995 Now Sale / Lease Quentin Brasie [email protected] +1 540-428-4388

CRJ-200LR Regional One CF34-3B1 7369 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

CRJ-700 Regional One CF34-8C5B1 10205 2005 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

CRJ-900LR Regional One CF34-8C5 15111 2007 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 325 1992 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

Do328-100 Jetran PW119B 3049 1996 Now Sale Nick Blowers [email protected] +1 (210) 269 3471

Do328-110 Jetran PW119B 3024 1994 Now Sale Nick Blowers [email protected] +1 (210) 269 3471

Do328-110 Jetran PW119B 3034 1995 Now Sale Nick Blowers [email protected] +1 (210) 269 3471

ERJ-170LR AerFin CF34-8E 1700123 Now Sale / Lease Auvinash Narayen [email protected] +44 (0) 7766384581

ERJ-145LR Regional One AE3007A1 145304 2001 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

ERJ-145LR Regional One AE3007A1 145331 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

SF340B C&L Aviation Group CT7-9B 194 1990 Now Sale / Lease Fred Dibble [email protected] +1 207-217-6128

SF340B+ C&L Aviation Group CT7-9B 425 1997 Now Sale Donald Kamenz [email protected] +1 207-217-6259

Saab 340B+ C&L Aviation Group CT7-9B 368 1994 Now Sale Donald Kamenz [email protected] +1 207-217-6259

SF340A Cargo C&L Aviation Group CT7-5A 046 1986 Now Sale Fred Dibble [email protected] +1 207-217-6128

Aircraft Parts eMarketplace

Component solutions you can trust with the world’s Browse Parts from most powerful independent rotable inventory over 3,000 Vendors on April 20, 2015 www.gatelesis.com May 18, 2015 Page 2 of 4 November 12, 2018

Commerical Engines Multiple Types Sale / Lease Company Contact Email Phone

Multiple Engines GE / CFM / RB211 Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272

AE3007 Engines Sale / Lease Company Contact Email Phone

(3) AE3007A1P Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 786-623-3936

(1) AE3007A1 Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Ben Ferguson [email protected] +44 7807 969 372

CF34 Engines Sale / Lease Company Contact Email Phone [email protected] CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach +49-6731-497-368

CF34-10E Now - Lease

CF34-8C Now - Lease

CF34-3B1 Now - Lease

CF34-3A Now - Sale / Lease

(2) CF34-8C5B1 Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164

(1) CF34-3B1 Now - Sale / Lease

(2) CF34-10E7 Now - Sale/Lease/Exch. Werner Aero Cliff Topham [email protected] +1-703-402-7430

(1) CF34-8E5 Now - Sale / Lease AerFin Oliver James [email protected] +44 (0) 7930463293

(1) CF34-8E5A1 Oct 18 - Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204x202

(1) CF34-10E6 Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717

CF34-8E(s) Now - Sale / Lease GECAS Engine Leasing Sherry Riley [email protected] +1 (513) 782-4272

CFM Engines Sale / Lease Company Contact Email Phone

(1) CFM56-7B26/3 Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717

(1) CFM56-7B26 Now - Lease

(1) CFM56-7B27/E Now - Lease

(1) CFM56-7B27 Now - Lease

(1) CFM56-7B24 Now - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CFM56-7B26 Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CFM56-3C1 Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CFM56-3B1 Soon - Sale/Lease/Exch. David Desaulniers [email protected] +1 415 516 4837

(1) CFM56-7B24/3 Soon - Sale/Lease/Exch. Nick Pittler [email protected] +1 (415) 408-4775

GECAS ® Engine Leasing

X � Engine Lease Finance Page 3 of 4 November 12, 2018

Commerical Engines (cont.) (2) CFM56-5A Now - Sale GECAS Engine Leasing Sherry Riley [email protected] +1(513)782-4272

(1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430

(1) CFM56-7B Now - Sale/Lease/Exch.

(1) CFM56-5B3/P Dec 18 - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202

(1) CFM56-7B26 Jan 19 - Sale / Lease

CT7 Engines Sale / Lease Company Contact Email Phone

CT7-9B Sale C&L Aviation Group Martin Cooper [email protected] +1 207-217-6106

JT8D and JT9D Engines Sale / Lease Company Contact Email Phone

(1) JT8D-217C Now - Sale AZURE RESOURCES INC. Jeff Young [email protected] 1-954-249-7935

(2) JT8D-219 Now - Sale LCH Trading Carlos Miranda [email protected] +1 954-644-9617

(1) JT8D-217C Now - Sale

GEnx Engines Sale / Lease Company Contact Email Phone

(1) GEnx Soon - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

LEAP Engines Sale / Lease Company Contact Email Phone

(1) LEAP-1A33 Now - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(2) LEAP-1B28 Soon - Lease

PW Small Engines Sale / Lease Company Contact Email Phone

(1) PW121 Now - Sale / Lease Magellan Aviation Group Bill Polyi [email protected] +1 (704) 504 9204 x202

(2) PW123 Now - Sale / Lease

(1) PW124B Now - Sale / Lease

(1) PW127E/F/M Now - Sale / Lease

(1) PW150A Now - Sale / Lease

(1) PW121 Now - Sale/Lease/Exch. Willis Lease David Desaulniers [email protected] +1 415 516 4837

(1) PW124B Now - Sale/Lease/Exch.

(2) PW123 Now - Sale/Lease/Exch.

(1) PW127 Now - Sale/Lease/Exch.

(1) PW150A Now - Sale/Lease/Exch.

(1) PW127M Now - Sale/Lease/Exch.

(1) PW120A Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164

(1) PW120 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(1) PW123E Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(4) PW126 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(1) PW121 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936 [email protected] PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach +49-6731-497-368

PW119B Now - Lease

PW120A Now - Lease

PW121 (ATR) Now - Lease

PW124B Now - Lease

PW123B Now - Lease

PW125B Now - Lease

PW127F Now - Lease

PW150A Now - Lease

PW127M Now - Lease

PW150A RGB Now - Lease

PW127 Sale C&L Aviation Group Martin Cooper [email protected] +1 207-217-6106

(1) PW124B Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262

(2) PW127E/F Remi Krys [email protected] +33.6.2079.1039

(4) PW127M

(1) PW120 / PW121 Now - Sale / Lease Royal Aero Calum MacLeod [email protected] +49 8025 993610 Page 4 of 4 November 12, 2018

Commerical Engines (cont.) (1) PW4056-3 Now - Sale/Lease Jet Midwest Kevin Lee [email protected] +1-310-652-0296

(1) PW4168 Soon - Sale Willis Lease Nick Pittler [email protected] +1 (415) 408-4775

RB211 Engines Sale / Lease Company Contact Email Phone

(1) RB211-535 Now - Sale / Lease Jet Midwest Dave Williams [email protected] +1-817-791-4930

Trent Engines Sale / Lease Company Contact Email Phone

(2) Trent 892 Now - Sale / Lease TrueAero, LLC. Matt Parker [email protected] +1 469-607-6110

(4) Trent 556 Now - Sale / Lease

(1) Trent 772B Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Ben Ferguson [email protected] +44 7807 969 372

V2500 Engines Sale / Lease Company Contact Email Phone

(2) V2533-A5 Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Ben Ferguson [email protected] +44 7807 969 372

(1) V2533-A5 Now - Sale / Exchange Willis Lease Nick Pittler [email protected] +1 (415) 408-4775

(1) V2533-A5 Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430 Aircraft and Engine Parts, Components and Misc. Equipment Description Company Contact Email Phone

(1) A320-200 Landing Gear Now - Sale/Lease/Exch. TrueAero, LLC Matt Parker [email protected] +1 469-607-6110

A340-300/A330 Landing Gear Now - Sale/Lease/Exch.

A340-600 Landing Gear Now - Sale/Lease/Exch.

B777-200 Landing Gear Now - Sale/Lease/Exch.

Trent5562 Inlet Cowls & Fan Cowls Now - Sale/Lease/Exch.

Trent892 Inlet Cowls and Fan Cowls Now - Sale/Lease/Exch.

V2500-A5 Inlet Cowls & Fan Cowls Now - Sale/Lease/Exch.

CF6-80E Trust Reversers,Inlets & Fan Cowls Now - Sale/Lease/Exch.

(1) GTCP331-500B Now - Sale/Lease/Exch.

767-300ER 413K, 737-300 LANDING GEAR Now - Sale/Lease/Exch. AZURE RESOURCES INC. Jeff Young [email protected] 1-954-249-7935

GTCP36-300A, GTCP85-98DHF APU Now - Sale/Lease/Exch.

A320 Nose Landing Gear Now - Sale/Lease/Exch.

CFM56-3 LPT MODULE, REPAIRED Now - Sale/Lease/Exch.

CFM56-3 ENGINE STAND Now - Lease

(1) GTCP36-150RJ, (2) GTCP36-100M, Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 (786)-623-3936

(1) RE220RJ, (1) PW126 RGB, (1) PW901A

(1) APS1000-C12, (1) APS1000-C3

GTCP131-9A (2), GTCP131-9B(2) Now - Lease REVIMA APU Olivier Hy [email protected] +33(0)235563515

GTCP331-200, GTCP331-250 Now - Lease

APS500C14(3), APS1000C12(2), APS2000 Now - Lease

APS2300, APS3200(2), APS5000(2) Now - Lease

Now - Sale / Lease PW901A(4), PW901C(2) Now - Sale TSCP700-4E (1) PW901A APU Now - Sale Royal Aero Gary MacLeod [email protected] +44 (0)141 389 3014

(multiple) APS2300, (1) GTCP331-350C Now - Sale / Lease AirFin Nick Filce [email protected] +44 7770 618 791

(1) GTCP36-300A, (1) GTCP131-9A

GTCP131-9A, GTCP131-9B , GTCP331-350C Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262

GTCP331-500B, GTCP331-200/250, Rich Lewsley [email protected] +44.79.0021.8657

APS3200, APS2300, GTCP85-129H

APU GTCP 331-500 Soon - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

Engine stands now available Now - Lease

ENGINE STANDS: Trent 800, PW4000 112"/V2500 National Aero Stands [email protected] + 1 305-558-8973

/ CFM56/ PW2000 & Bootstrap kits

GTCP131-9A, GTCP 131-9B Now - Sale / Lease Werner Aero Services Julien Levy [email protected] +1 201-674-9999

737-800 Winglets Now - Sale / Lease

737-700 & 737-800 Landing Gear Now - Sale / Lease

(3) APS 2300 Now - Sale/Lease/Exch. Mike Cazaz [email protected] +1 201-661-6804

767-300 Winglets, LH-RH P/N 767-0010-5, -6, -7 & -8, SV- Now Sale Reliance Aircraft Terry Hix [email protected] +1 512-439-6988 [email protected] (2) PW901A, (1) PW901C(1), PW125B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach +49-6731-497-368