Category: Pilot (Page 11 of 24)

Air Lease delivers first of seven Airbus A321-200neo aircraft to Transavia

December 15, 2023 / WIL BALDWIN

Los Angeles, California, December 15, 2023, Business Wire – Air Lease Corporation (NYSE: AL) announced one new Airbus A321-200neo aircraft delivered to Transavia Airlines, a subsidiary of Air France KLM SA (Paris: AIRF). This aircraft is the first of seven new Airbus A321s confirmed to deliver to Transavia on long-term lease from ALC’s order book with Airbus and the first A321-200neo to join the Dutch carrier’s fleet.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Lufthansa Group completes sale and leaseback of twelve aircraft

December 15, 2023 / WIL BALDWIN

Deutsche Lufthansa AG (Xetra: LHAG) has entered into an agreement for a sale and lease back of twelve short-haul aircraft. The transaction reflects the Group’s strategy to finance investments in new aircraft through a mix of cash, Japanese Operating Leases (JOLCO’s) and operating leases. The sale and lease back supports the modernization of the fleet of the Lufthansa Group Airlines. New and modern aircraft lower fuel consumption, reduce emissions, and improve ex fuel unit costs.

The transactions were executed with two counterparties, Clover Aviation Capital and long-term business partner BBAM (Babcock & Brown Aircraft Management), for the sale and lease back of twelve Airbus A320 family aircraft at favorable commercial terms. The aircraft are up to two years old and are currently operated by Lufthansa Airlines, Lufthansa CityLine and Eurowings. The sale generates proceeds of 600 million EUR in the fourth quarter of 2023, with the aircraft leased back for a term of 72 months. The resulting lease obligation is recognized as debt under IFRS 16 and amounts to 200 million EUR.

A book gain of 100 million EUR resulting from the sale will be recognized in EBIT. The book gain will not be included in Adjusted EBIT, with the transaction already included in Lufthansa Group’s financial outlook. This assumes net capex to amount between 2.5 and 3 billion EUR in 2023.

Forward-Looking Statements

Turkish Airlines ordering 220 more Airbus aircraft

December 15, 2023 / WIL BALDWIN

Toulouse, France, December 15, 2023 – Turkey’s national carrier, Turkish Airlines (Istanbul: THYAO), will expand its fleet with an order for 220 Airbus Group SE (Paris: AIR) aircraft. The order consists of 150 Airbus A321’s and 70 A350 widebody aircraft. The A350 order consists of 50 A350-900’s, 15 A350-1000’s and 5 A350F reighters. This follows two orders from the airline for 10 A350-900’s in September and four A350-900’s in July 2023. This latest order will take Turkish Airlines’ total orderbook for Airbus aircraft to 504, of which 212 are already delivered.

Forward-Looking Statements

Japan Airlines takes delivery of its first A350-1000

December 14, 2023 / WIL BALDWIN

Toulouse, France, December 14, 2023 – Japan Airlines Co Ltd (Tokyo: 9201) has taken delivery of its first A350-1000 from the Airbus Group SE (Paris: AIR) delivery centre in Toulouse. The A350-1000 is set to become the airline’s new international aircraft, initially flying on the prestigious Tokyo Haneda – New York JFK route.

JAL’s A350 is configured in four classes. The First Class features six Suites, each with a choice of three modes: sofa, seat and single bed or double bed. The Business Class also offers Suites, with 54 seats and privacy doors. Meanwhile, the Premium Economy Class (24 seats) and Economy Class (155 seats) both feature more personal space and comfort in their respective categories. JAL’s A350-1000 cabin has been designed to make passengers immerse in the elegance of Japanese aesthetics and tranquillity. Meanwhile, a serene ambiance highlights the beauty of Japan. The cabin’s stylish interior is tailored to a high quality, high comfort passenger experience which echoes JAL’s renowned service.

JAL has ordered 31 A350 aircraft, comprising 18 A350-900’s and 13 A350-1000’s. The carrier has been operating the A350-900 on high density Japanese domestic routes since 2019. The A350’s unique Airspace cabin is the quietest of any twin-aisle in the sky. It offers passengers and crews the latest modern in-flight products for the most comfortable flying experience. The aircraft’s new generation engines and use of lightweight materials make it the most fuel efficient large widebody aircraft. The A350 is the quietest aircraft in its class featuring a 50 percent noise footprint reduction versus the previous generation aircraft, making it a good airport neighbour wherever it flies.

Air Canada cargo certifies Opticooler Containers from DoKaSch Temperature Solutions

December 13, 2023 / WIL BALDWIN

Montreal, Quebec, Canada, December 13, 2023 – Shippers and forwarders using Air Canada Cargo (Toronto: AC) can now rely on DoKaSch Temperature Solutions’ Opticooler RKN anywhere serviced by Air Canada’s widebody fleet or dedicated freighters following its certification by Air Canada Cargo. In additional, the Opticooler RAP is also available to shippers, providing reliable packaging of temperature-sensitive products such as vaccines and other pharmaceuticals.

Through Air Canada’s vast international passenger network, in addition to the routes served by its fleet of dedicated freighters, Air Canada Cargo has access to over 300 cities on six continents. Air Canada Cargo’s self-handled hubs in Toronto, Montreal, Vancouver, Chicago, London and Frankfurt provide optimal global connections, and allow for the continuous shipment of goods to and from anywhere in Air Canada’s network.

The Opticooler is a temperature-controlled active packaging solution and comes in two sizes: the RAP containers hold up to five euro-pallets, while the smaller RKN version provides space for one pallet. Both containers are battery-powered, can easily be adapted to any transport scenario, and enable customers to always keep the temperatures of their pharmaceutical products in an internal range between two and thirty degrees at all times.

Forward-Looking Statements

An exciting new chapter for Rolls-Royce’s Trent 1000 engine

December 13, 2023 / WIL BALDWIN

Rolls-Royce Holdings PLC (London: RR) Trent 1000 engine fleet has surpassed 17 million in service flying hours on the Boeing 787 Dreamliner aircraft family, carrying more than 250 million passengers around the globe since its entry into service in 2011. During that time, the engine has consistently delivered world-class levels of reliability and availability, with more than 99.9% of flights taking off on time. But the journey for the Trent 1000 doesn’t end there.

Our engineers continually explore opportunities to improve the engine and in-service support, to ensure we always deliver value to our customers. We are therefore pleased to announce an exciting new chapter for the Trent 1000. So, what is new?

A new Durability Enhancement package

We are making great progress on a new Durability Enhancement package, due to be available in the third quarter of 2024, which will increase engine time on-wing (TOW) whilst also reducing emissions. A key element of this Durability Enhancement package is a re-engineered high-pressure turbine blade (HPTB) to improve durability. The package also includes improvements to reduce the emissions, which together with the exceptionally low fuel burn of the Trent 1000 TEN, is future proofing the engine for a more sustainable world.

A comprehensive testing program

We have successfully completed a rigorous engine ground test programme and pushed the engine beyond the certification requirements for the new HPTB to validate and gain confidence in our predictions of the benefits it will deliver in service. Our focus has now moved to aircraft-level certification in collaboration with Boeing, and flight testing is underway on a Boeing 787 flight test aircraft. Stay tuned for regular updates!

More about the Trent 1000

Capitalising on the three-shaft architecture of the Trent engine family and incorporating the latest in materials, component and subsystem design and technology, the Trent 1000 was specifically designed and optimised to power the more-electric 787 Dreamliner. It has the highest bypass ratio of any engine in the Trent family and is recognised for being one of the quietest widebody engines in service today.

Since entry into service in 2011, we have been continuously improving both the fuel efficiency and the capability of the Trent 1000.

Forward-Looking Statements

Boeing and Avolon sign new order for 40 737 MAX aircraft

December 12, 2023 / WIL BALDWIN

Seattle, Washington, December 12, 2023, PRNewswire – Boeing (NYSE: BA) and Avolon announced the Ireland-based lessor intends to purchase 40 more 737-8 airplanes to expand the lessor’s 737 MAX portfolio – consisting of 737-8 and 737-10 variants – to more than 110 jets. Avolon also ordered 40 737-8’s in June.

The new order is subject to shareholder approval by Bohai Leasing Co, Ltd (Shenzhen: 000415), Avolon’s main shareholder, and will be posted to Boeing’s Orders and Deliveries website when finalized.

The 737 MAX provides Avolon’s customers with greater flexibility across their network, while reducing fuel use and emissions by up to 20%. On average each airplane will save up to 8 million pounds of CO₂ annually compared to airplanes it replaces.

The 737-8, with seating for 162 to 210 passengers depending on configuration anda range of up to 3,500 nautical miles, is the market’s most versatile single-aisle airplane, capable of operating profitably on both short and medium haul routes.

Forward-Looking Statements

Avolon orders another 100 Airbus A321neo aircraft

December 12, 2023 / WIL BALDWIN

Toulouse, France, December 12, 2023 – Avolon, the international leasing company, has signed a firm order for another 100 Airbus Group SE (Paris: AIR) A321neo aircraft, taking its total order for the A321neo to 190 aircraft. The agreement secures Avolon’s delivery pipeline for the world’s preferred single aisle Family.

With this latest agreement, Avolon’s total firm order-tally directly from Airbus rises to 632 aircraft, and includes A320, A330 and A350 Families. In September, Avolon ordered 20 A330neo aircraft to take advantage of growing global widebody demand.

The A321neo is the largest member of the Airbus A320neo Family, offering unparalleled range and performance. By incorporating new generation engines and Sharklets, the A321neo brings a 50% noise reduction and more than 20% fuel savings and CO₂ reduction compared to previous generation single-aisle aircraft, while maximizing passenger comfort in the widest single-aisle cabin in the sky. To date more than 5,600 A321neo’s have been ordered by more than 100 customers across the globe.

Forward-Looking Statements

Belgium And Lockheed Martin Celebrate Rollout Of First F-35A

December 11, 2023 / WIL BALDWIN

Fort Worth, Texas, December 10, 2023, PRNewswire – Lockheed Martin (NYSE: LMT) presented Belgium’sfirst F-35A Lightning II to the Belgian government during a rollout ceremony at Lockheed Martin’s F-35 production facility. This event marks a significant milestone in the Belgian Air Force’s history and strengthens the alliance between the United States and Belgium, a key NATO ally.

Building on the strong legacy of the F-16, the F-35 will provide the next generation of air power to ensure the Belgian Air Force can fulfill its NATO missions and protect the alliance’s key interests. By serving as the most advanced 21st Century Security solution, the F-35 will connect assets across domains to increase situational awareness for Belgium and its key European partners.

Senior government and military leaders from Belgium and the United States attended the ceremony. Belgium’s program of record calls for 34 F-35As. The first aircraft, designated AY-01, will be delivered to the Belgian Air Force next year and will be based at Luke Air Force Base, Arizona, where international F-35 pilot and maintainer training takes place.

The F-35 also creates high-quality, long-term employment opportunities for Belgium. Through the Essential Security Interest (ESI) program, Lockheed Martin will bring cutting-edge manufacturing techniques and benefits, expanding Belgian industry’s skills and knowledge and providing high-tech jobs for Belgians for decades to come.

F-35s are now operating from 31 bases worldwide. To date, Lockheed Martin has delivered more than 980 F-35s, trained more than 2,250 pilots and 15,125 maintainers, and the F-35 fleet has surpassed 768,000 cumulative flight hours. Lockheed Martin continues to work side by side with F-35 operators to ensure allies remain ahead of the evolving threat.

Forward-Looking Statements

Boeing secures contract for six MH-47G Block II Chinook helicopters

December 11, 2023 / WIL BALDWIN

Philadelphia, Pennsylvania, December 11, 2023 —The U.S. Army Special Operations Aviation Command (USASOAC) has awarded Boeing (NYSE: BA) a contract to produce six remanufactured MH-47G Block II aircraft as a part of the Army’s modernization efforts. With the deal valued at $271M, Boeing has 42 MH-47G aircraft under contract with USASOAC.

As special operations requirements have become increasingly complex, the heavy-lift helicopter has adapted to meet those changing needs. The MH-47G Block II program not only supports the warfighters needs today but enables the Chinook to be battle-relevant well into the future.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company’s core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.

Forward-Looking Statements

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