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A350 XWB: INTERVIEW: MIKE SHOW REPORT: QUIET & ARCAMONE, PARIS AIR SHOW IMPRESSIVE BOMBARDIER 2013 P 14 P 21 P 24 JUNE - JULY 2013 `100.00 (INDIA-BASED BUYER ONLY) VOLUME 6 • iSSUE 3 WWW.SPSAIRBUZ.NET ANAIRBUZ EXCLUSIVE MAGAZINE ON CIVIL AVIATION FROM INDIA NOW DESTINATION AN SP GUIDE PUBLICATION INDIA RNI NUMBER: DELENG/2008/24198 Sweet Have you heard the buzz? Our industrious engineers have cross-pollinated the fuel efficiency of wide-body engines with more than 630 million hours of high-cycle experience to produce the LEAP engine family. CFM’s legendary reliability and low maintenance costs. Longer time on wing. The result is simply irresistible. Go to cfmaeroengines.com CFM International is a 50/50 joint company between Snecma (Safran) and GE. Superior performance | Lower cost of ownership | Greater reliability MORE TO BELIEVE IN C32386.011_CFM_BEE_SPsAviation_267x210_v1.indd 1 15/07/2013 10:58 taBLE OF CONTENTS A350 XWB: INTERVIEW: MIKE SHOW REPORT: QUIET & ARCAMONE, PARIS AIR SHOW IMPRESSIVE BOMBARDIER 2013 Cover: P 14 P 21 P 24 JUNE - JULY 2013 `100.00 (INDIA-BASED BUYER ONLY) VOLUME 6 • ISSUE 3 Tony Fernandes, AirAsia WWW.SPSAIRBUZ.NET ANAIRBUZ EXCLUSIVE M A G A ZINE ON C IVIL AVIA TION FROM I NDI A Chief, is buoyant about his airlines’ foray into the Indian market. He hopes to live up to his company’s motto: NOW “Now everyone can fly.” DESTINATION AN SP GUIDE PUBLICATION INDIA RNI NUMBER: DELENG/2008/24198 Cover Image: SP Guide Pubns SP's Airbuz Cover 03-2013.indd 1 30/08/13 11:31 AM AIR TRANSPORT / AIRLINES P12 AIRASIA’S FORAY INTO INDIA AirAsia Chief Tony Fernandes says that the market in India is now favourable and it’s the perfect time to enter as silly capital has gone out. AirAsia India will start operations from Chennai in October. GENERAL AVIATION / INFRASTRUCTURE P7 notHING GENERAL ABOUT IT! The nation already has elements necessary to support the complete range of general aviation activities–airfields, MRO facilities and market opportunities. However, the disconnect amongst these elements needs to be bridged through regulations as also support from all the stakeholders for the potential of general aviation to be exploited in full measure. AIRCRAFT / A350 XWB P14 QUIET & IMPRESSIVE The wide-body jetliner A350 XWB astonished visitors at the Paris Air Show with a show- stopping flying display in the skies above the Le Bourget Airport. P10 AIR TRANSPORT / TRAINING HUMAN faCTORS VitaL P17 AIR TRANSPORT / REGIONAL AVIATION THE RIGHT CHOICE? P21 INTERVIEW / OEM MICHELE (MIKE) ARCAMONE, PRESIDENT, BOMBARDIER COMMERCIAL AIRCRAFT DEpartMENTS PW1524G P2 A WORD FROM EDITOR P4 NEWS BRIEFS AIRCRAFT / ENGINES SHOW REPORT / PARIS AIR SHOW P32 FINALLY P19 FOR A GREENER FUTURE P24 PARIS GIVES TRUE FLAVOURS OF AViation INDUstry Through massive investment in technology and operating procedures, aviation has This 50th International Paris Air Show was a managed to decouple its emissions growth great success with a record number of exhibitors, to around three per cent. confirmed orders for more than $150 billion. SP’S AIRBUZ • ISSUE 3 • 2013 • 1 A WORD FROM EDITOR PUBLISHER AND EDITOR-IN-CHIEF Jayant Baranwal EDITOR Air Marshal (Retd) B.K. Pandey ASSISTANT GROUP EDITOR R. Chandrakanth (Bengaluru) ASSISTANT EDITOR Sucheta Das Mohapatra CONTRIBUTORS Group Captain (Retd) A.K. Sachdev, HE INDIAN CIVIL AVIATION industry has been witness to a number Air Marshal (Retd) Anil Chopra, of profound changes in the recent past. Approval by the government of the Group Captain (Retd) Joseph Noronha, proposal for foreign direct investment (FDI) up to 49 per cent by foreign S.R. Swarup, Vasuki Prasad, airlines into Indian carriers in September 2012 was a major turning point Shriniwas Mishra for the industry. After some initial uncertainty, finally, there appeared to be CHAIRMAN & MANAGING DIRECTOR some forward movement in respect of FDI in Indian carriers with the Abu Jayant Baranwal Dhabi-based Etihad Airways offering to acquire 24 per cent stake in the PLANNING & BUSINESS DEVELOPMENT financially beleaguered private Indian carrier Jet Airways. While the proposal got an early Executive Vice President: Rohit Goel T nod from the government, it appears to have hit some roadblocks. While the travelling ADMIN & COORDINATION public was looking forward to better connectivity, convenient routeing and wider options, Bharti Sharma there seems to be some controversy on account of which decision on the proposal has SENIOR ART DIRECTOR been deferred. At this point in time, it is not clear as to when the issue might be resolved. Anoop Kamath A major international event in the recent past has been the 50th Paris Air Show from GRAPHIC DESIGNERS June 17-23. The prevailing inclement weather failed to subdue the efforts of the industry Vimlesh Kumar Yadav, that is striving to emerge from the recent global slow down. Sonu Singh Bisht Then there is the arrival in India of AirAsia, the highly successful low-cost carrier of Research Asst/Graphics: Survi Massey South East Asia. The track record of the airline of providing no-frill affordable air travel is SALES & MARKETING likely to drive a chill up the collective spine of the Indian carriers. Perhaps the most seri- Director Sales & Marketing: Neetu Dhulia General Manager Sales: Rajeev Chugh ous threat to survival is being perceived by the national carrier Air India which is already on a life support system. In any case, entry of AirAsia is expected to usher in good times SP’s websITES Sr Web Developer: Shailendra Prakash Ashish for the Indian domestic and international air passenger. Web Developer: Ugrashen Vishwakarma The enhanced focus by the government on the development of airport infrastructure espe- cially in Tier-II and III cities will open up new markets for the regional carriers, provided they © SP Guide Publications, 2013 have the right type of regional aircraft. The article on regional aviation analyses the emerg- SUBSCRIPTION/ CIRCULATION ing situation and concludes that in the foreseeable future, turboprops are likely to spearhead Annual Inland: `600 • Foreign: US$180 E-mail: [email protected] the advance of regional aviation in the country. In an interview with SP’s AirBuz, Michele [email protected] Arcamone, President Bombardier Commercial Aircraft, expressed optimism about the pros- LETTER TO EDITOR pects for the company in the regime of regional aviation with their all-new CSeries aircraft. [email protected] While much is happening in the airline industry, general aviation continues to lan- FOR ADVERTISING DETAILS CONTACT guish largely on account of inadequate focus by the government on this vital segment [email protected] of the industry that has the potential to impact economic growth. It is about time the [email protected] complexities of general aviation are addressed, knowledge gaps in the system bridged and SP GUIDE PUBLICATIONS PVT LTD dedicated regulations are put in place. A major area of concern is the adverse impact of A-133 Arjun Nagar (Opposite Defence Colony), aviation on the environment, particularly by way of emission of greenhouse gases. In an New Delhi 110 003, India. article in this issue, a review of the efforts by the leading engine manufacturers in the Tel: +91 (11) 24644693, 24644763, 24620130 world to move towards greener engines has been made. In the second part of the article Fax: +91 (11) 24647093 Email: [email protected] on Crew Resource Management, the writer focuses on the dynamics of human factors that a Captain of the aircraft needs to understand in order to motivate his crew to deliver BENGALURU, INDIA 204, Jal Vayu Vihar, Kalyan Nagar their best. All these apart from the regular features in this issue. Welcome aboard! Bengaluru 560043, India. Tel: +91 (80) 23682204 www.spguidepublications.com Owned, published and printed by Jayant Baranwal, printed at Kala Jyothi Process Pvt Ltd and Published at A-133, Arjun Nagar (Opposite Defence Colony), New Delhi 110 003, India. B.K. Pandey All rights reserved. APPLIED FOR Editor 2 • SP’S AIRBUZ • ISSUE 3 • 2013 www.SpSaIrbUz.nEt G You may not have heard that our PurePower® Geared Turbofan™ engine burns less fuel, makes less noise and produces fewer emissions. But we’re about to clear the air. Our PurePower® Geared Turbofan™ engine is leaving a positive impression on the environment. Cleaner air, with 50% less NOx emissions. As much as 16% less fuel burn and lower carbon emissions. Much quieter. In fact, our PurePower engine makes a 75% smaller noise footprint. Depend on it. We’re Pratt & Whitney and we’ve been at it longer than anybody else. Again, Pratt & Whitney leads. With next- generation engines today. Learn more about PurePower engine technology at PurePowerEngines.com. Power People Depend On.™ 28134_PP_Eco_SPsAirBuzz.indd 1 5/14/13 4:52 PM Client: Pratt & Whitney Commercial Engines Ad Title: Weʼre about to clear the air - Eco Publication: SPs Air Buzz Trim: 210 x 267 mm • Bleed: 220 x 277 mm Earlier, Buffet had admitted it was one of his few indulgences. Subse- quently, what elevated the business jet from a luxury toy to what is increas- ingly seen as a vital corporate tool? In the US, hundreds of Fortune 500 com- panies now flaunt their own aircraft, with companies arguing that this vital conveyance saves time and boosts pro- ductivity.NEWS A recentBRIEFS CNN report quoted SP’s EXCLUSIVE ment to induct a fleet of three aircraft within Administration (FAA) and The European two years from commencement of regional Aviation Safety Agency (EASA) is expected operations while retaining the requirement in 2017. Priced at $8.9 million, the PC-24 will of having five aircraft at the end of five years. seat up to ten passengers and features an The MoCA has also decided against levying avionics system developed by Honeywell.
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  • Piaggio Aero Industries S.P.A. in Extraordinary Administration

    Piaggio Aero Industries S.P.A. in Extraordinary Administration

    Piaggio Aero Industries S.p.A. in Extraordinary Administration INVESTMENT OPPORTUNITY The Company at a Glance Villanova d’Albenga, 24 April 2020 The Businesses Design, development, production and maintenance activities on business and special mission aircraft Design, development, production and maintenance activities on Unmanned Aerial Systems (UAS) and on Multirole (manned) Patrol Aircraft (MPA) Production, assembly and maintenance on aero engines 2 Timeline • Delivery of the first P.1HH in Abu Dhabi (July 2018) First flight of Inauguration of the Villanova • Admission to the maritime patrol D'Albenga plant with Premier Extraordinary Receivership M. Renzi (Nov. 2014) aircraft MPA Beginning Motorcycle (Vespa) Enters the Procedure (EA) and of aircraft and aircraft shareholding by appointment of production production are split Mubadala and Commissioner V. Nicastro activities TATA (Dec. 2018) • Signing of new contracts for Engine and Customer Service P180 for €45M (Dec. 2018) 2006 - 1917 1957 1964 1986 2014 2015 2016 2017 2018 2019 2008 Signing of the • Delivery of 3 new P180 and P.166 for the P.180 Certification of Financial ongoing operations both in the Italian Air Avanti P.1HH first the P.180 Restructuring Engine and Aircraft Customer Force first flight flight Avanti EVO Plan between service sectors Mubadala, • Signing of new contracts for banks and approximately €400M. Leonardo (Dec. 2017) 3 Why Piaggio is a unique investment opportunity 3 years revenue stream secured by The Envisaged Transaction Wide range of products approx. 900 €M backlog • Constant growth in revenues stream • Sale of assets only: tangible, • Development, production, sale and for the next 3 years, secured by a intangible and inventory.