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Blazing a Trail How Massive Three-Year Deal Will Help F-35 Hit Crucial Price Target

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Blazing a Trail How Massive Three-Year Deal Will Help F-35 Hit Crucial Price Target 18-24 June 2019 I flightglobal.com CONTRAcT Blazing a trail How massive three-year deal will help F-35 hit crucial price target ISSN 0015-3710 £3.90 Better together Spooling up 25 Raytheon/UTC merger to create Rolls-Royce powers ahead with $74 billion aerospace giant 10 breakthrough technologies 34 9 770015 371310 CONTENTS Volume 195 Number 5691 18-24 JUNE 2019 Rolls-Royce readies future powerplant technology P34 Rolls-Royce NEWS COVER STORY BEHIND THE HEADLINES 18-24 June 2019 I flightglobal.com 19 Multi-year deal Craig Hoyle got updates has F-35 soaring high on Saab’s Gripen E and THIS WEEK GlobalEye programmes in 8 Gripen E excluded from Swiss contest Combined purchase of nearly 500 aircraft will Linkoping (P30). And in 9 MRJ rebrand makes room for SpaceJet help Lockheed hit unit Derby, Dominic Perry saw 10 Merger sees Raytheon lock on to UTC price target, but Turkish COntraCt the latest in Rolls-Royce 11 GE9X certification effort powers past delays involvement with the B l a z i n g engine innovations (P34) programme appears a trail H o w m a s s i v e t h r e e - y e a r d e a l w i l l AIR TRANSPORT to be over help F-35 hit crucial price target ISSN 0015-3710 £3.90 Better together Spooling up 25 12 Citation climbed into conflict with 737. Raytheon/UTC merger to create Rolls-Royce powers ahead with $74 billion aerospace giant 10 breakthrough technologies 34 9 770015 371310 US Air Force EU introduces common drone registration rules FIN_180619_301.indd 1 13/06/2019 10:22 13 Airbus hands over its 12,000th aircraft. CFM to roll out Leap-1B bearing cage fix FEATURES 14 Malta Air is latest to join Ryanair stable. Tigerair Australia pilots feline fine over pay deal 26 T-X mettle in the metal 16 E190 nearly crashed after cabling error. Boeing and Saab believe combining traditional Airbus A319 crossed active runway at Toronto materials and modern processes will make the US Air NEXT WEEK PARIS Force’s new trainer an affordable winner – with major Come sunshine or deluge, DEFENCE export appeal 18 we will bring you the most First-batch award readies VH-92A for 30 (E)ven smarter comprehensive coverage presidential debut. First flown two years ago, Saab’s Gripen E is from the 53rd Paris air show Autonomous Black Hawk takes off powering towards delivery for the Swedish and 19 Partnership model will underpin success of Brazilian air forces, while the company targets a Tempest programme broad range of export opportunities 20 C-130H exit a priority for New Zealand REGULARS 34 Powering into the future While focusing on ramp-up and reliability, Rolls-Royce 7 Comment NEWS FOCUS 22 Lockheed battles F-35 operating costs has its sights fixed on the next generation of gas 40 Straight & Level turbine and electric propulsion systems 41 Letters BUSINESS AVIATION 38 Flying high into our fifth decade 43 Classified 24 Tamarack seeks Chapter 11 protection. The latest in a series of articles marking Flight’s 110 45 Jobs Ampaire generates interest in electric motor years in aviation publishing examines how the 47 Working Week 25 NFT drives ahead with Aska flying car. magazine evolved during the 1950s as the industry Lilium lands in London to secure software skills went from strength to strength DownloadDownload the new the Commercial 2019 Commercial Engines Engines Directory Report nowDownload withnow enhanced with updated The data enhancedEngine and in-depth data Directory. and market in-depth analysis market analysis flightglobal.com/ComEngDirectory flightglobal.com/commengines13flightglobal.com/commengines CFM 2017 strip ad.indd 1 30/05/2019 08:37 flightglobal.com 18-24 June 2019 | Flight International | 3 19/07/2012 17:51 CONTENTS Image of the week A joint formation of combat aircraft is shown taking part in exercise Astral Knight over the Adriatic Sea on 4 June. F-16s, and F-35s from the US Air Force and its Italian counterpart flank a B-52H bomber. The manoeuvres also involved Croatian MiG-21s and Slovenian personnel View more great aviation shots online and in our weekly tablet edition: flightglobal.com/ flight-international US Air Force The week in numbers Question of the week Last week, we asked: Hottest topic at Le Bourget? You said: 42% Cirium Dashboard Total votes: 1,249 Dublin will pay €5m towards runway lengthening if Waterford airport’s operator can show the total bill will be below €12m 737 Max grounding 616 votes 49% A321XLR Launch 387 votes Aegean -€35.2m CRJ joins MRJ 31% Bad news for the Aegean-Olympic Air group as first-quarter 4% 203 votes losses exceeded last year’s €30.8m; but revenue was up 4% 16% Franco-German FCAS 43 votes Menzies Aviation This week, we ask: Raytheon/UTC tie-up? 24,000 ❑ Bigger is better ❑ Some synergies Turns to be handled yearly by John Menzies at London Luton ❑ Off target for EasyJet, which has extended its ground handling contract Vote at flightglobal.com Cirium’s premium news and data service delivers breaking air transport stories with profiles, schedules, and fleet, financial and traffic information flightglobal.com/dashboard CIVIL SIMULATOR CENSUS NOW AVAILABLE ONLINE www.flightglobal.com/civilsim 4 | Flight International | 18-24 June 2019 flightglobal.com WE’RE CREATING A MORE CONNECTED EVERYTHING Collins Aerospace has long been a leader in connected systems and services. Now, we’re creating an even more connected future. We’re linking key touchpoints and partners across the commercial aviation ecosystem – from passengers, airlines and airports to aircraft manufacturers, system suppliers and service providers. This connectivity is empowering the industry to unlock new insights that deliver improved efficiencies for operators and more seamless and rewarding travel experiences for passengers. It’s how we’re developing digital solutions to make big advances – and making connections that redefine aerospace. collinsaerospace.com/more AEROSPACE REDEFINED ©2019 Collins Aerospace, a United Technologies company. All rights reserved. IT’S A LOGISTICAL DAYDREAM KNOWING MORE PUTS YOU ABOVE THE CLOUDS. INTRODUCING CIRIUM. BRINGING TOGETHER POWERFUL DATA AND ANALYTICS TO KEEP THE WORLD IN MOTION. A smarter way. CIRIUM.COM COMMENT Superior skills pollo 8 astronaut and former Eastern AAir Lines chief Frank Borman once defined a superior pilot as one who used their superior judgement to avoid situations that require the use of their superior skills. Superior skills would include those demonstrated by the crew of an Air ­Astana Embraer 190 who found them- selves the unwilling participants in a ter- rifying 2h drama in the sky over Portugal last year, as their aircraft – its ailerons mistakenly misrigged during mainte- nance – persistently and violently re- Martin Meissner/AP/Shutterstock belled against commands. This can work At one stage, the twinjet entered a left roll exceeding 90°, despite the yoke being turned hard to the right, according to simulations performed by Portuguese in- Bigger – but better? vestigators based on flight data. To diagnose such a problem during Corporate diversification to alleviate ups and downs of business cycles has flight is complex enough. To deal with it long gone out of fashion – but UTC is still playing the conglomerate game requires undoing hard-wired instincts reinforced by years of training. The situation had precedent. Some he argument for combining disparate Sundstrand companies and its 2012 acquisi- ­pilots – like those of a misconfigured Tbusinesses under a corporate umbrella tion, Goodrich). Also in the family are Otis Lufthansa Airbus A320 in 2001, saved by may seem compelling. Operations exposed to and Carrier, makers of elevators and air-­ the first officer’s swift intervention – are a variety of markets buffer a parent company conditioners. A United Technologies Research fortunate. Others, like the crew of the from boom-bust cycles. While industry-­ Center supports all the UTC businesses. prototype Spectrum S-33 five years later, expert leaders of the subsidiaries get on with Now, even UTC – which has long lagged are not. Every student pilot, before they running their businesses, professional man- the S&P 500 share price index – has thrown first leave the ground, is taught to turn the agers in head office look after strategy, with in the towel. Late last year it announced wheel towards the instructor, look at the access to far greater financial resources. plans to split into three companies by hiving aileron, and check it deflects the right way. But conglomerates have long been out of off the lifts and air-con units. Last week came “Up yours, captain,” goes the mantra. fashion. Investors prefer to do their own di- word of a master plan to merge with missiles Although the error was missed by the versification by owning shares in companies and military electronics player Raytheon to maintenance organisation that overhauled of their choosing, believing – reasonably create an aerospace behemoth with com- the E190, the crew also failed to notice the – that focused businesses perform better. bined revenues of some $74 billion – on a par problem during pre-flight checks. with Airbus and second only to Boeing. There is no substitute for visual reassur- This merger will create scale, Were it so simple. UTC shares fell when it ance, when it essentially amounts to the announced its Otis and Carrier plan, and difference between life and death. Better to but with so little overlap it is both firms’ shares fell on news of the latest be down here wishing you were up there, deal. Investors seem wary of the huge cost of than the other way round. Any superior far from obvious how either such massive corporate surgery.
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