Weekly Aviation Headline News

Weekly Aviation Headline News

ISSN 1718-7966 APRIL 1, 2019/ VOL. 684 www.avitrader.com Weekly Aviation Headline News WORLD NEWS CAE in five-year training agree- ment for AirAsia’s A330 long- haul pilots CAE announced the signing of a new five-year training agreement for AirAsia’s long-haul pilots. The agreement extends the use of the CAE Rise™ training system to AirA- sia’s long-haul affiliate, AirAsia X, on the Airbus A330 platform. CAE is providing initial training for the air- line’s pilots and will soon undertake recurrent training at CAE’s training centre in Kuala Lumpur, Malaysia, starting in July 2019. WOW was unable Bluebox IFE for Air Transat to secure financial Air Transat has reached an agree- backing ment with Bluebox Aviation Sys- in time. tems to access free in-flight en- Photo: Airbus tertainment delivered by Bluebox Wow. The portable wireless stream- ing platform will be deployed on Air WOW Air goes under Transat’s fleet in an arrangement Another one bites the dust designed to meet both seasonal Icelandic low fare airline WOW has to stave off the high cost of doing vember 2018, WOW air announced demands on the airline’s fleet and become the latest airline to cease business in the airline industry. that it had returned four aircraft the additional temporary aircraft operations abruptly after running to their lessors as a sale and lease it brings in to meet that demand th For some time, the writing was on – ensuring both flexibility and con- out of cash on March 28 , 2019. back offer fell through and the fi- the wall that trouble was looming. sistency of IFE services. The carrier operated services be- nancial situation worsened due to tween Iceland, stricter demands Etihad partners to enhance air Europe, Asia, and by suppliers and travel solutions North America. “It’s a very complicated matter, the airline contractors. The Etihad Airways, and Elenium, a The airline was business is complicated, and we have a lot four returned air- provider of automation technology headquartered craft (two Airbus solutions, signed an MoU for coop- in Reykjavík and of creditors.” A320s and two based at Keflavík A330s) are owned eration to develop a variety of in- WOW Air CEO Skuli Mogensen novative solutions in both passen- International Air- by the same com- ger and freight processing services. port. pany that was sup- The event took place at London’s On 5 November 2018, it was an- posed to deliver four Airbus A330n- legendary Savoy hotel. At the heart of WOW Air operations nounced that Icelandair Group, the eos to WOW air. On 29 November, Under the MoU, Etihad Airways and was its USP of connecting travellers holding company of rival carrier Icelandair abandoned its takeover Elenium will develop a long-term between Europe and North America Icelandair, would acquire the entire plans as the pre-conditions of the relationship which enables both via its Reykjavik hub at rock bottom share capital of WOW air, subject shareholders meeting were unlikely entities to continuously identify fares – these inevitably attracted to shareholder approval; the two to be met, according to reports. potential opportunities to develop price-sensitive travellers but seem- airlines would continue to operate state-of-the-art travel solutions. ingly, those fares were not enough under separate brands. On 27 No- Continued on page 3 BEYOND MRO CUSTOMIZED MRO SOLUTIONS TO KEEP YOU FLYING RB211-535 CF34-3/-8 PW100 JT15D RE220 www.standardaero.com CFM56-7B AE 3007 PW150A PT6A GTCP36 APS2300 BOSTON | SHANNON | LONDON | SINGAPORE SUPPORTING THE WORLD’S AIRLINES Engine Lease Finance (ELF) is the world’s leading independent spare engine fi nancing and leasing company, specialising in the provision of fl exible short, medium and long-term spare engine support packages for the airline industry. We off er CALL: Declan Madigan • Spare Engine Purchase & Lease back � +353 87 929 7227 • Medium & Long Term Operating Leasing • Short Term Engine SV Cover � • AOG Spare Engine Support : +353 61 363 555 • Engine Acquisitions & Dispositions � : [email protected] • Engine & Portfolio Management Services : www.elfc.com ELFC_A4_advert_august_2016.indd 1 15/12/2016 14:43 3 WEEKLY AVIATION HEADLINES 3 Weekly Aviation Headline News ...continued from page 1 ...continued from page 1 United is also committed to improving the entertainment options for include English closed captioning. Select DIRECTV channels also include Airlinecustomers investment with disabilities. company EarlierIndigo this Partners year, the “It’sairline a verybegan complicated offering closed matter, captioning the airline when “Whenthe TV thestation planes makes were it groundedavailable. itUnited was fincon- expresseda new main interest menu category in buying on seatbackthe struggling on-demand business that is labelledis complicated, Ac- tinues and we to haveadd additionala lot ished. accessible I will not entertainment be able to forgive and screening myself for op- airlinecessible but Entertainment. eventually withdrew This new its sectioninvestment makes of it creditors,”easier for WOWcustom -Air CEOtions Skuli across Mogensen, its fleet. not talking action sooner,” the CEO was quot- proposal.ers with hearing On 26 and March vision 2019, challenges WOW toair find an- accessibletold Icelandic entertainment state broadcaster RUV. “It was a ed telling the news media. nouncedoptions, thegrouping conversion all of ofthe bonds titles into that equity are either good audio progress descriptive when we or managedUnique highlights to get bond of United’s personal device entertainment program- andclosed ongoing captioned discussions in one withmain bondholders menu category. to Seatbackholders toon-demand convert their is mingdebt intoinclude: equity. an exclusiveBut WOW partnership Air is the with second VEVO, European delivering airlinenew, cu in- secureone of United’sthe company’s entertainment sustainability. options The available fol- thenon 757, there 767, were 777 other and creditorsrated music and when video this playlists the eachspace month; of weeks relaxation following contentUK carrier including flybmi lowing787 aircraft. day, the The company carrier postponed currently alloffers flights approximately many people 20 need different to comeHeadspace, together a from popular so meditationto cease operations app and Moodica,after running which outtakes of thecash scheduledmovies and for TV 28 shows March that “until are audio documentation descriptive manyand more countries than 50 andthat unfortunately,brain on a much-needed we just leavingvacation hundreds using videos. of passengers stranded. with all parties involved have been finalised.” couldn’t make it work. AIRCRAFT & ENGINE NEWS Orders and deliveries – Boeing and Airbus AIRCRAFT & ENGINE NEWS China and Airbus sign GTA covering the purchase by Chinese airlines of AerCap leased, purchased and sold 114 300Airbus Airbus v Boeing: aircraft Orders and Deliveries CDB Aviation delivers first of two A330- aircraft in the first quarter of 2018 March 2018 YTD 200s to Wamos Air AerCap has announced its major business trans- Airbus Boeing CDBactions Aviation, during thea whollyfirst quarterowned of Irish 2018. subsidiary The Com- Type Orders Deliveries Type Orders Deliveries ofpany China signed Development lease agreements Bank Financial for 83 aircraft,Leasing Co.including (CDB Leasing),15 wide-body has delivered aircraft theand first 68 narrow-of two A320 Family 37 95 737 171 132 Airbusbody aircraft. A330-200 AerCap aircraft purchased to Spain’s seven long-haul aircraft, A330 -6 8 747 14 2 airlineincluding Wamos two AirbusAir. The A320neo second aircraft Family isaircraft, slated fortwo deliveryAirbus A350s in June and 2019. three WamosBoeing 787-9sAir is andthe A340 0 0 767 7 4 third-leading,executed sale transactionslong-haul airline for 24in aircraft,Spain, boast includ- A350 0 17 777 5 12 ing air capacity of more than 1,600,000 seats ing 11 Airbus A320 Family aircraft, four Airbus A380 14 1 787 24 34 aA330s, year oneflown Airbus on A340,a fleet one of Boeingsix Boeing 737 Classic,747-400 andone fiveBoeing Airbus 737NG, 330-200 two Boeing jets. Wamos777-200ERs Air’s busiand- Total 45 121 Total 221 184 nessone Boeingmodel is787-8 diversified from AerCap’s in three owned different port -ar Source: Airbus Source: Boeing eas:folio regularand two flights, Airbus charter A320 Familyoperations aircraft and and wet leaseone Boeing operations. 737 Classic from AerCap’s managed Airbus booked orders for eight A320 Family single-aisle jetliners in the NEO and CEO versions portfolio. The Company continues to manage 12 during March, while delivering 56 aircraft in the month from across the company’s in-produc- aircraft that were sold from its owned portfolio tion single-aisle and widebody product lines. Boeing generated a total of 197 orders in March including a staggering 160 737s. Deliveries in 24during Fokker the quarter. aircraft AerCap transactions has signed infinancing 2018 Airbus and China sign GTA for 300 aircraft, comprising of 290 A320 Family aircraft and 10 A350 XWB Family aircraft. transactions for US$2.9bn. Photo:the stated Airbus month reached 91 planes across the in-production product line. GKN Fokker Services has reported that 24 Fok- ker aircraft were placed in 2018. Currently, ap- Airbus and China Aviation Supplies Holding Company (CAS) have signed a General Terms proximately 400 Fokker aircraft are operational Agreement (GTA) covering the purchase by Chinese airlines of a total of 300 Airbus aircraft. worldwide.Lion Air Group In Europe, orders Swedish 50 737 operator MAX 10

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