Tag: Costs (Page 2 of 4)

Tigerair Taiwan Becomes New Airbus A320neo Operator

April 9, 2021 / WIL BALDWIN

Taipei, 8 April 2021 – Tigerair Taiwan, the low cost subsidiary of China Airlines, has taken delivery of its first A320neo. This is the first of 15 A320neo Family aircraft scheduled to join the airline’s fleet. The aircraft is also the first A320neo to be introduced in Taiwan, and will be the optimal platform for Tigerair Taiwan to increase capacity and open new routes across the Asia region. The A320neo has a range of up to 3,200nm, enabling flights of up seven hours from Taipei.

With the A320neo, Tigerair Taiwan will benefit from the lowest operating costs and highest comfort levels in the single-aisle segment, while maintaining a high degree of commonality with the A320ceo. Tigerair Taiwan’s A320neos are powered by Pratt & Whitney PW1100G engines and configured in a single class layout with 180 seats.

The A320neo Family offers the widest single-aisle cabin in the sky and incorporates the latest technologies, including new generation engines and Sharklets, delivering a 20 per cent reduction in fuel consumption. At the end of March 2021, the A320neo Family had won nearly 7,400 firm orders from 120 customers worldwide.

Southwest Airlines Orders 100 Boeing 737 MAX Jets, Plus 155 Options

March 29, 2021 / WIL BALDWIN

SEATTLE, March 29, 2021 — Boeing [NYSE: BA] and Southwest Airlines [NYSE: LUV] today announced the carrier will continue to build its business around the 737 MAX family with a new order for 100 airplanes and 155 options across two models. The deal comes after a multi-year fleet evaluation by Southwest and means that Boeing and its suppliers could build more than 600 new 737 MAX jets for the airline through 2031.

Southwest had been exploring options to modernize the largest component of its fleet: the 737-700 that serves the airline’s needs for a 140-150 seat airplane. With the new agreement, the airline reaffirmed the 737-7 as its preferred replacement and growth airplane. The jet will complement the 737-8, which serves Southwest’s needs for a 175-seat model. Both 737 MAX family members will reduce fuel use and carbon emissions by at least 14% compared to the airplanes they replace, helping to improve operating costs and environmental performance. Southwest said the solution allows it to maintain the operational efficiencies of an all-Boeing 737 fleet to support its low-cost, point-to-point route network.

The new purchase agreement takes Southwest’s order book to 200 737-7s and 180 737-8s, more than 30 of which have already been delivered. Southwest will also have 270 options for either of the two models, taking the carrier’s direct-buy commitment to more than 600 airplanes. The airline also plans additional 737 MAX jets through third-party lessors.

As part of the agreement, Southwest will also expand its use of Boeing’s digital solutions to support its 737 MAX fleet, including Airplane Health Management, Maintenance Performance Toolbox and digital navigation charting tools. Boeing will also provide system software upgrades and new wireless communications-enabling equipment to support Southwest’s operations.

Hitachi Rail Successfully Tests First Battery-Powered Tram

February 2, 2021 / WIL BALDWIN

Battery-powered tram offers major benefits of requiring no overhead wires or other electrified infrastructure – saving on costs and visual impact

On-board batteries allow energy to be additionally recovered during breaking

Trial in Florence aims to allow mobility firm to offer battery-trams globally

Tram adds to the growing list of battery products being developed as Hitachi puts decarbonisation and sustainability at the heart of its global strategy

Hitachi Rail has successfully tested its first battery-powered tram in Florence – an important milestone towards expanding the firm’s offer to market the vehicles across the world.

While traditional tram lines require electrified infrastructure – usually overhead wires supported by poles or pylons – that are expensive to install and visually unattractive. Battery trams offer the opportunity to run high capacity public transport through city centres, while saving millions on installing wires and reducing the visual impact on beautiful historic streets, like Florence.

The trial involves installing battery packs on an existing Hitachi-built Sirio tram, which covered a section of the line under battery power. The innovation allows power to be returned to the batteries when the train breaks, reducing the overall amount of energy consumed and protecting the environment.

This news is the latest in a number of announcements from the global mobility firm as expands its sustainability credentials and its zero-carbon offer to its customers around the world. Hitachi recently announced the trial of a battery train in the UK and delivery of hybrid trains in Italy, having built one of the world’s first battery powered train fleets that operates in Japan.

Hitachi has a rich heritage of building trams and tramways in Europe and in Asia, and is involved in new tram and metro infrastructure projects in the Americas and in the UK.

Andrea Pepi, Head of Sales and Projects Italy, Hitachi Rail said: “Our aim is to use our technology and our work to help build a sustainable society and contribute to the well-being of people around the world by improving their quality of life.”

“This is a key milestone as we pioneer this new technology that allow us to work with our customers to reduce infrastructure costs while still offering environmentally-friendly public transport. We hope this successful trial in Italy creates new opportunities for us across the world.”

The Mayor of Florence, Dario Nardella said: “We are happy that Hitachi Rail has chosen the tramway in Florence to test this innovation. Battery-powered trams can revolutionize this type of service within cities. Public transport, especially in historic centers, will have to be less impactful and increasingly sustainable. This marks another significant step forward for the tramways in Florence.”

Airbus Signs Maintenance Digital Services Contract With Royal Australian Air Force

January 29, 2021 / WIL BALDWIN

Airbus (Paris: AIR.PA) has signed a contract to provide a digital services focus for the maintenance of the Air Refueling Boom System (ARBS) on the Royal Australian Air Force (RAAF) KC-30A Multi-Role Tanker Transport (A330 MRTT) fleet.

Based on the Airbus suite of digital services SmartForce, this service is intended to support the operator in reducing maintenance costs and improving fleet availability by optimizing the fault diagnosis and troubleshooting tasks for the ARBS of the tanker aircraft, based on data analytics applications.

The Central Data System plays a key role, allowing operators to draw on the flight data recorded by the Mission Recording System and provides information outputs about issues registered during the flight and recommended maintenance actions to fix them.

Within the KC-30A Enterprise, the Central Data System is a joint development built upon a successful long-standing collaboration among Airbus, the Commonwealth of Australia (CoA) and the Australian KC-30A Through Life Support (TLS) provider Northrop Grumman Australia, in sharing data and defining the architecture of the system.

Future proposed development of the capability will allow customers which apply this technology to their fleet to be able to extend the ARBS analytics to entire aircraft level diagnostics.

SmartForce is a suite of services enabling military operators to exploit aircraft data to improve troubleshooting, optimize maintenance effort, predict maintenance actions and plan smartly for material demand and improving the fleet availability. SmartForce capitalizes on the new power of big data analytics coupled to secured connectivity to maximize mission readiness.

Aircalin Takes Delivery of First A320neo

January 14, 2021 / WIL BALDWIN

New Caledonia’s Aircalin has taken delivery of its first A320neo. The aircraft joins two A330neo already delivered under the carrier’s fleet modernisation plan.

With its new fleet the airline benefits from the lowest operating costs in the respective size categories, as well as the unique commonality between variants of the Airbus Family.

Aircalin’s A320neo is powered by Pratt & Whitney PW1000 engines and configured in a single class layout with 168 seats.

With the A320neo, Aircalin will be able to increase capacity on its flights and open new routes across the Pacific region.

The A320neo Family offers the widest single-aisle cabin in the sky and incorporates the latest technologies, including new generation engines and Sharklets, delivering a 20 per cent reduction in fuel consumption, as well as 50 per cent less noise compared to previous generation aircraft.

At the end of November 2020, the A320neo Family had received 7,455 firm orders from over 120 customers worldwide.

JetBlue Rings in New Year with Airbus A220-300 Aircraft

January 3, 2021 / WIL BALDWIN

JetBlue (NASDAQ: JBLU) announced it has formally taken delivery of its first Airbus A220-300 aircraft, marking the start of a new era for the airline’s fleet. The aircraft – tail N3008J – is scheduled to arrive at JetBlue’s home at New York’s John F. Kennedy International Airport (JFK) this evening from Airbus’s U.S. production facility in Mobile, Ala. It is the first delivery of 70 A220 aircraft JetBlue has on order, which will be phased in to ultimately replace the existing fleet of 60 Embraer 190 aircraft.

The A220 boasts a nearly 30 percent lower direct operating cost per seat than the current E190. Lower seat costs come from both fuel and non-fuel savings. The A220 fleet will also help to further reset JetBlue’s maintenance costs well into the decade. The airline anticipates the A220 fleet, with improved reliability and longer maintenance intervals, will have a maintenance cost per seat that is more than 40 percent lower than E190s.

With a range of up to 3,350 nautical miles and a 40 percent lower fuel burn per seat than JetBlue’s E190 aircraft, the favorable economics open the door to new markets and routes that would have been unprofitable with JetBlue’s existing fleet. The A220 covers a wide mix of new and existing market possibilities with excellent economics on short, medium and even potentially transcontinental markets. This will allow for better overall aircraft utilization and provide a competitive advantage for JetBlue in short haul markets.

The A220 is powered exclusively by Pratt & Whitney GTF engines, which deliver double-digit improvements in fuel and carbon emissions. Optimizing fuel burn is an important first step in JetBlue’s cost-conscious sustainability strategy, and prioritizing fuel-efficient aircraft and engines aligns with JetBlue’s approach to reducing emissions. Earlier this year, JetBlue became the first major U.S. airline to achieve carbon neutrality for all domestic flights, and later announced its plans to achieve net zero carbon emissions across all operations by 2040. The A220’s significant reduction in per-seat emissions will help JetBlue meet and maintain its sustainability commitments.

The interior of JetBlue’s A220 will be as impressive as the operating capabilities of the aircraft. Customers will also enjoy an elevated inflight experience with wider seats, spacious overhead bins and extra-large windows. JetBlue’s fleet features the most legroom in coach (a) and free Fly-Fi®, the fastest broadband internet in the sky (b). JetBlue will reveal details of its custom-designed A220 cabin – featuring thoughtful, customer-friendly touches throughout – in January 2021.

JetBlue continues to navigate the new travel environment with a steady hand and a long-term view on recovery. The investment in the A220 allows the airline to continue to execute its low cost business model, and enables JetBlue to continue to offer low fares to more customers.

Click the link below to view the JetBlue Airbus A220-300 Aircraft time lapse video!

https://mms.businesswire.com/media/20201231005234/en/849666/19/4822028_JetBlue_A220-300_Timelapse_1.mp4&.mp4?download=1

Belavia Takes Delivery of First Embraer E195-E2

December 21, 2020 / WIL BALDWIN

Belavia, Belarusian Airlines, the national carrier of Belarus, took delivery today of their first E2 next generation Embraer aircraft in Brazil. The new aircraft is the first of three E195-E2 jets to be leased to the airline by AerCap.

The aircraft, configured in a comfortable dual class layout seating 125 passengers in total, seats 9 in business and 116 in economy. Belavia plans to deploy their new aircraft on popular routes such as London, Barcelona, Nur-Sultan, Munich, Paris, Sochi, and Amsterdam.

“Belavia’s passengers love our current Embraer aircraft and I hope they will love the next generation E2 even more. The E2 offers Belavia lower operating costs, as well as the lowest impact on the environment. At Belavia we like to keep our fleet young and fresh; with the addition of the E195-E2 we can take more passengers, further, in greater comfort, and more efficiently – the E2 is the perfect fit”, commented Anatoly Gusarov, CEO of JSC “Belavia”.

“It’s great to welcome another airline to the E2 family of operators. As airlines’ ramp up their operations, the E195-E2 is perfectly positioned to right size routes previously operated by narrowbodies, while keeping frequencies and adjusting capacity to new levels,” said Cesar Pereira, vice president of Europe, Middle East and Africa, Embraer Commercial Aviation. “We look forward to supporting Belavia as they continue to upgrade their offering to their customers.”

“We congratulate the team at Belavia on the delivery of their first E195-E2,” said Philip Scruggs, President and Chief Commercial Officer at AerCap. “We wish Belavia every success as they continue to modernize their fleet.”

A crowd that included Air Force leadership, congressional representatives and senators, executives and plant personnel from the Lockheed Martin Aeronautics Corporation attended a ceremony dedicating the delivery of the final F-22 Raptor in Marietta, Ga., May 2. (U.S. Air Force photo/Don Peek)

Lockheed Martin Inks $4.4B Deal to Acquire Aerojet Rocketdyne

December 20, 2020 / WIL BALDWIN

From Reuters News – Reporting by Mike Stone in Washington, D.C., Editing by Greg Roumeliotis

Dec 20 (Reuters) – Lockheed Martin Corp (NYSE: LMT) said on Sunday that it has agreed acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) for $4.4 billion, including debt and net cash.

The deal is Lockheed’s biggest acquisition since Jim Taiclet took over as chief executive in June. He is seeking to beef up the company’s propulsion capabilities amid competition from new entrants such as SpaceX and Blue Origin, for space contracts with the U.S. government.

“Acquiring Aerojet Rocketdyne will preserve and strengthen an essential component of the domestic defense industrial base and reduce costs for our customers and the American taxpayer,” Taiclet said in a statement.

Lockheed said it will pay $56 per share for Aerojet Rocketdyne, a 33 percent premium to Friday’s closing price. The purchase price will be reduced to $51 per share after the payment of a pre-closing special dividend, Lockheed added.

The Bethesda, Maryland-based company already uses Aerojet Rocketdyne’s propulsion systems in its aeronautics, missiles and fire control offerings.

Lockheed said the transaction, which is set to be scrutinized by regulators given the company’s leading position in the defense sector, is expected to close in the second half of 2021.

LATAM Airlines to Fire ‘at Least’ 2,700 Workers in Brazil

August 2, 2020 / WIL BALDWIN

BRASILIA (Reuters) – LATAM Airlines will fire “at least” 2,700 workers in Brazil, including pilots, its Brazilian arm said on Saturday, as the bankrupt carrier struggles to cut costs and cope with an industry collapse due to the COVID-19 pandemic.

In a statement, LATAM Brasil said it opened a voluntary redundancy process on Friday which will run through Aug. 4, after which a further minimum 2,700 jobs will be cut.

The announcement followed the breakdown in talks with the SNA union over workers’ pay, the statement said. O Globo and O Estado de S. Paulo newspapers had reported the redundancies earlier on Saturday. LATAM said it pays its pilots and crew more than its rivals in Brazil, and the pandemic has forced it to “match industry practices.”

The layoffs are the latest in efforts to downsize Latin America’s largest airline. Before the novel coronavirus outbreak, the airline had 43,000 workers worldwide, with most of them in Brazil and Chile.

LATAM is seeking to restructure $18 billion in debt. When it filed for U.S. bankruptcy protection in May, it was the world’s largest airline to date to seek an emergency reorganization due to the pandemic.

(Reporting by Jamie McGeever and Marcelo Rochabrun; Editing by Paul Simao)

Finnair Boosts Reliability of Regional Fleet with ATR Global Maintenance Agreement

May 27, 2020 / WIL BALDWIN

ATR and one of its long-standing customers, the Finnish airline Finnair, signed a 10-year Global Maintenance Agreement (GMA). Through this package, Finnair and Nordic Regional Airlines (NoRRA) – who operates Finnair’s regional ATR traffic – will benefit from a customised support from ATR, which will help the airline better anticipate maintenance costs while enhancing the dispatch reliability of its fleet of 12 ATR 72-500.

This pay-by-the-hour contract covers the repair, overhaul and pooling services of Line Replaceable Units, along with their door-to-door delivery and an on-site leased stock of spare parts. Finnair will also benefit from blades maintenance and availability, and maintenance recommendations based on ATR’s expertise to enhance aircraft reliability.

Juha Ojala, Vice President Technical Operations of Finnair, declared: “Our ATR flights form a key part of our feeder traffic to our Helsinki hub, and as a large share of our customers are transfer customers, they have strong expectations in terms of punctuality and reliability. This Global Maintenance Agreement is one step further in our relationship with ATR and ensures we benefit from the most suitable services, so that we can in turn provide our customers with a reliable and punctual travel experience.”

Stefano Bortoli, Chief Executive Officer of ATR, added: “Finnair is new to our GMA programme but they have been part of the ATR family from the very beginning, as they took delivery of their first ATR aircraft, MSN 006, in 1986. During the challenging times we are currently living, the confidence from a valued customer is the best tribute they can offer to the quality and economics of our products and services. We are looking forward to sharing our knowledge and expertise with Finnair, so that they can in turn keep on operating regional traffic in a responsible and efficient fashion.”

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