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Collins Aerospace Celebrates Airbus Nacelle Delivery Milestone

— Delivery of the 1000th nacelle for A320neo program out of Foley, Alabama

— Delivery of the 9000th V2500 nacelle

— Continued support for the A220 nacelle program ramp-up

FOLEY, Ala., May 30, 2019 /PRNewswire/ — Today Collins Aerospace Systems celebrated its 45-year relationship with Airbus by delivering the 1,000th nacelle for the A320neo program, delivering the 9000th V2500 nacelle, and continuing to support the ramp-up of the A220 nacelle program. These milestones were commemorated at a ceremony hosted by Collins Aerospace at its Foley, Alabama facility. More than 900 employees at the facility were joined by leaders from Airbus in the U.S., as well as Alabama Congressman Bradley Byrne, to mark the milestones. Collins Aerospace is a unit of United Technologies Corp. (UTX).

The relationship with Airbus dates back to the A300, the first Airbus aircraft. The milestones achieved are due to the strong collaboration and hard work from both companies.

“This celebration and the work we do with Airbus goes far beyond Foley today. Teams across our worldwide sites are working with pride and commitment to provide on-time delivery and quality, and ensure that our relationship with Airbus remains strong for years to come,” said Jim Pollock, Collins Aerospace Vice President of Airbus Programs. “We’re now integrating A320neo engines with our advanced nacelle systems on three continents and continuing to introduce new manufacturing innovations — such as robotic painting systems and advanced fastening tools — to meet the increasing global demand for air travel.” 

In support of the Airbus A320neo program, Collins has invested hundreds of millions of dollars to expand manufacturing capacity at six global sites.

Collins Aerospace’s innovative nacelle system for the Airbus A320neo is performing with 99.99% percent dispatch reliability. There are currently more than 750 Collins nacelles operating on A320neo aircraft with 32 airlines. 

“In more than a million fleet hours since the A320neo’s entry into service, there have been less than 10 delays and zero cancellations associated with the Collins nacelle,” said Pollock. “This type of reliability is a testament to the commitment and dedication of the program, engineering, and airline support teams.”

About Collins Aerospace

Collins Aerospace Systems, a unit of United Technologies Corp. (UTX), is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Created in 2018 by bringing together UTC Aerospace Systems and Rockwell Collins, Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers’ toughest challenges and to meet the demands of a rapidly evolving global market. For more information, visit CollinsAerospace.com

Air Lease Announces Delivery of A350-900 to Sichuan Airlines

Today Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Airbus A350-900 aircraft on long-term lease to Sichuan Airlines. Featuring Trent XWB-84 engines, this A350-900 is the first ALC A350-900 to deliver to an airline in China. The aircraft is from ALC’s order book with Airbus and joins eight Airbus aircraft currently on lease from ALC to Sichuan Airlines for a total of nine aircraft.

“Sichuan Airlines is a loyal long-term customer of ALC and we are pleased to be leasing our new A350-900 to the airline,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “This significant delivery further strengthens our close relationship and we are confident this new widebody aircraft will complement the airline’s current fleet operations, adding technological and innovative advancements that will bring a whole new experience to Sichuan’s offerings.”

“We are very pleased to announce this new A350-900 delivery to our distinguished customer, Sichuan Airlines,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia. “ALC is proud to introduce the airline to the A350-900 and pioneer modernizing the airline’s long-haul fleet to maximize Sichuan Airlines’ fleet operations and global growth.”

Forward-Looking Statements

This press release 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.

Airbus Celebrates Delivery of its 12,000th Aircraft

Airbus celebrated the delivery of its 12,000th aircraft ever in its 50-year history. The aircraft was an A220-100, assembled in Mirabel, Canada and handed over to U.S.-based Delta Air Lines.

The aircraft is the 12th A220 delivered to date to Delta Air Lines since the carrier received its first A220 in October 2018. The A220 started scheduled service with Delta in February 2019. Delta is the first U.S. airline to operate the A220 and is the largest A220 customer, with a firm order for 90 aircraft.

This milestone delivery of a Canadian-made Airbus aircraft to a U.S.-based airline highlights the growing presence of Airbus in North America. Since Airbus’ leadership of the A220 programme became effective on 1 July 2018, ground was broken in January this year in Mobile, Alabama for the construction of a second A220 final assembly line, set to start deliveries to U.S. customers in 2020.

Airbus delivered its first aircraft, an A300B2 to Air France, back in 1974. Fast forward to 2010, Airbus handed over its 6,000th aircraft, 36 years after its first. The pace continued to accelerate, taking Airbus just nine years to double that number, reaching 12,000th Airbus aircraft delivery on May 20, 2019.

@Airbus #A220 @Delta

Pilatus Reopens PC-24 Super Versatile Jet Order Book

Pilatus has already handed over 30 PC-24s since the first customer delivery in February 2018. The PC-24 fleet leader, serial number 101 belonging to PlaneSense, has already flown over 1,100 hours in its first 15 months of operation. The PC-24 fleet as a whole has clocked up over 5,000 hours of safe airborne time – an impressive result for the newly launched business jet by Pilatus.

The PC-24 Super Versatile Jet takes off! All in all, 30 PC-24s are currently in operation around the world, including three PC-24s used as medevac aircraft for the Royal Flying Doctor Service of Australia. Pilatus plans on delivering about 40 PC-24s in 2019, and on stepping up production to 50 aircraft the following year.

Oscar J. Schwenk, Chairman of Pilatus, is delighted with the success of the PC-24: “Demand for the PC-24 is phenomenal. From day one, there has been keen interest from various customer segments all over the world. Feedback from the first 30 PC-24 operators is extremely positive, with special mention for the aircraft’s versatility, its spacious, quiet cabin and the incredible performance of the PC-24. These remarks plus the high degree of attention which the aircraft commands all confirm our chosen PC-24 strategy.”

Certified for unpaved runways and steep approaches

The European Aviation Safety Agency (EASA) and the US Federal Aviation Administration (FAA) have already certified the PC-24 for use on unpaved runways. Work to obtain post-certification for other surfaces, including grass, is currently underway. The PC-24 has also been certified for steep approaches as required for e.g. the approach into London City Airport.

The very first PC-24 of the Royal Flying Doctor Service of Australia (RFDS Central Operations) with serial number 118 arrived in Australia on 29 April 2019. A few days later, the first landings on unpaved strips went ahead in Kingoonya, a small and almost totally abandoned farming settlement in the central outback of the Australian state of South Australia.

Order book reopened

In 2014, Pilatus sold 84 PC-24s in the space of one and a half days. The order book was subsequently closed until receipt of feedback from the first PC-24 operators.

Pilatus and its Authorised Pilatus Centres are now taking orders for the PC-24 again, with delivery positions programmed for late 2020 and 2021. The base price of the PC-24 is 10.7 million US dollars.

The PC-24 Super Versatile Jet will be on display at the European Business Aviation Convention & Exhibition (EBACE) from 21 to 23 May in Geneva, Switzerland. Reservations for personal visits can be made on site or at any Authorised Pilatus Centre.

Embraer Announces Earnings Results For 1st Quarter 2019

HIGHLIGHTS

Embraer delivered 11 commercial jets and 11 executive jets (8 light / 3 large) in 1Q19.

The Company’s firm order backlog at the end of 1Q19 was US$ 16 billion considering all deliveries as well as firm orders obtained during the period.

EBIT and EBITDA in 1Q19 were US$ (15.2) million and US$ 30.9 million, respectively, yielding EBIT margin of -1.8% and EBITDA margin of 3.8%. This compares to EBIT of US$ (5.3) million (-0.6% EBIT margin) and EBITDA of US$ 57.8 million (6.0% EBITDA margin) in 1Q18.

1Q19 Net loss attributable to Embraer shareholders and Loss per ADS were US$ (42.5) million and US$ (0.23), respectively. Adjusted net loss (excluding deferred income tax and social contribution) for 1Q19 was US$ (61.8) million, with Adjusted loss per ADS of US$ (0.34). Embraer reported adjusted net loss in 1Q18 of US$ (60.5) million, for an adjusted loss per ADS of US$ (0.33) in the quarter.

Embraer reported Free cash flow of US$ (665.3) million in 1Q19, compared to free cash flow of US$ (435.2) million reported in 1Q18. The Company finished the quarter with total cash of US$ 2,483.4 million and total debt of US$ 3,587.1 million, yielding a net debt position of US$ 1,103.7 million versus net debt of US$ 439.9 million at the end of 2018.

The Company’s shareholders approved the proposed strategic partnership between Boeing and Embraer during an Extraordinary General Shareholders’ Meeting on February 26, 2019. At the meeting, 96.8% of all valid votes were in favor of the transaction, with participation of roughly 67% of all outstanding shares.

The closing of the transaction between Boeing and Embraer remains subject to obtaining regulatory approvals and the satisfaction of other customary closing conditions, expected by the end of 2019.

The Company reaffirms all aspects of its 2019 financial and deliveries guidance.

Click the link below for the full report!

https://daflwcl3bnxyt.cloudfront.net/m/4fe5d3ce64e6b820/original/Embraer-Release-US-1Q19_FINAL.pdf

Australia Receives First Falcon 7X VIP Aircraft

The Commonwealth of Australia has taken delivery of the first of three very long range Falcon 7X trijets it has acquired for government VIP service.

The other two aircraft, to be operated by the Royal Australian Air Force, will be handed over in the following months.

The VIP units are being delivered with the latest connectivity solutions, intended to provide seamless access to high speed broadband data anywhere in the world.

The Falcon 7X offers a combination of range, and operational flexibility that no other large cabin business jet can match. The 5,950 nm 7X can fly from Canberra to any point in Asia nonstop or link Canberra to Washington or London in one hop. It can land on short and challenging runways and operate across a wide range of environmental conditions, including extremely hot and humid and dry desert climates. And the aircraft’s three-engine design provides additional safety margin and frees operators of twin engine operating constraints when flying intercontinental transoceanic routes.

These characteristics explain the immense popularity the 7X has enjoyed since its service introduction more than a decade ago. More than 280 of the big trijets have been delivered to date around the world.

“We are extremely honoured that Australia has once again chosen to renew its confidence in our Falcon product line,” said Eric Trappier, Chairman & CEO of Dassault Aviation. “The RAAF already has decades of successful experience operating Dassault aircraft, from the Mirage III fighter to the Falcon 20 and Falcon 900 business jets.”

Australia has been a key market for the Falcon for almost half century. The company’s first business jet, the Falcon 20, entered commercial service ‘Down Under’ in 1967, two years after its entry into service. The Falcon 20 entered the inventory of the RAAF the same year (under the name Mystère 20) and served in the RAAF’s transport and utility wing for 22 years before being replaced by the Falcon 900. The five-aircraft Falcon 900 fleet remained in operation through the early 2000s.

More than 120 Falcon aircraft, including over 50 Falcon 7Xs, are currently flying with public and private operators in Australia and other Asia Pacific countries.

Airbus Delivers First A321LR to Canada’s Air Transat

Air Transat, a Canadian leisure and holiday travel airline, took delivery of its first Airbus A321LR aircraft. The A321LR is one of 15 the Montreal-based carrier is scheduled to receive. Air Transat leases the A321LR from AerCap.

The A321LR, with its unique Airbus Cabin Flex configuration allowing for installation of additional fuel tanks, will have a range of up to 4,000 nautical miles. Air Transat plans to use the A321LR for long-distance flights out of Canada, principally on more extended, thinner routes to European, Caribbean, Central and South American destinations. The A321LRs will replace older planes with an ultra-modern, highly cost-efficient aircraft equipped with state-of-the-art interior amenities for an enhanced and enjoyable passenger experience.

“The arrival of this new generation of aircraft is an important moment for our company and our passengers in many respects,” says Annick Guérard, Chief Operating Officer at Transat. “The Airbus A321LR represents what Air Transat stands for today and what we strive for in the coming years. It reinforces our position as a leader in sustainable tourism, while also offering our passengers a superior on-board experience.”

“We are proud to deliver the A321LR to Air Transat and to be associated with such a fine, innovative airline,” said Christian Scherer, Airbus Chief Commercial Officer. “The A321LR, with its increased range and low operating costs, enables Air Transat to increase flight frequencies, expand its network and strengthen its competitive position. Airbus will provide Air Transat with world-class support and work to ensure its ongoing success.”

The Air Transat A321LR is configured for 199 seats in two classes, including 12 premium Club Class seats in an exclusive cabin with personalized service and ergonomic seating. Economy Class seats are wider, provide more personal space and are equipped with a state-of-the-art entertainment system.

The A321LRs are part of a larger leasing deal Air Transat has with AerCap to convert to an all-Airbus fleet by 2022 as it phases out older widebody and narrowbody planes.

Air Transat is Canada’s number one holiday airline. It flies to some 60 destinations in more than 25 countries in the Americas and Europe, offers domestic and feeder flights within Canada, and carries some 5 million passengers every year. Based in Montreal, the company employs 3,000 people. Air Transat is a business unit of Transat A.T. Inc., a leading integrated international tourism company specializing in holiday travel and offering vacation packages, hotel stays and air travel.

@airtransat @airbus #A321LR

ExpressJet Takes Delivery of First New Embraer E175 Aircraft

ATLANTA, May 1, 2019 /PRNewswire/ — ExpressJet Airlines, a United Express carrier, this week took delivery of its first of 25 new Embraer E175 aircraft in a handover ceremony at the Embraer factory and delivery center in São José dos Campos, Brazil.

“The delivery of our first E175 represents a significant milestone in ExpressJet’s growth as an exclusive United Express carrier,” said Chairman and CEO Subodh Karnik. “I want to express my gratitude to our partners at Embraer and United Airlines as well as to the ExpressJet employees who have worked tirelessly over the past six months to make this day a reality.”

ExpressJet will take delivery of new E175’s through the remainder of 2019. Houston’s George Bush Intercontinental Airport (IAH) will serve as the airline’s first E175 base, with a second base location to be announced soon.

To support its E175 fleet growth, ExpressJet is hiring more than 600 new pilots in 2019. Pilots who sign on with ExpressJet can expect a quick selection process, an immediate class date, and to bid for flying within three months. Pilots interested in signing on with ExpressJet should apply at expressjet.com/pilots or airlineapps.com.

About ExpressJet Airlines
ExpressJet Airlines operates as United Express, on behalf of United Airlines (UAL), to serve more than 100 airports across the United States, Canada and Mexico, with over 3,300 weekly flights from bases in Chicago, Cleveland, Houston and Newark. ExpressJet’s fleet includes more than 110 Embraer ERJ145 and Bombardier CRJ200 aircraft, with 25 new Embraer E175’s being added in 2019. ExpressJet pilots enjoy top-tier pay and quality of life and a career path to United Airlines. ExpressJet is a subsidiary of ManaAir, LLC. For further information, contact 404-856-1199, corpcomm@expressjet.com.

Corporate Communications
Atlanta, Georgia
404-856-1199
corpcomm@expressjet.com

First JAL A350-900 Rolls-Out of Airbus Paint Shop

The first A350 XWB for Japan Airlines (JAL) has rolled out of the Airbus paint shop in Toulouse, France. The A350-900 is the first ever Airbus aircraft to be produced directly for JAL and features a special A350 XWB red logo on the fuselage.

The aircraft will now proceed to ground and flight tests, before delivery to JAL in early summer.

In total JAL has ordered 31 A350 XWB aircraft, comprising 18 A350-900s and 13 A350-1000s. The A350-900 will initially be operated on major domestic routes, with a three-class configuration seating 369 passengers.

The A350 XWB is the world’s most modern and eco-efficient aircraft family shaping the future of air travel. It is the long-range leader in the large widebody market (300 to 400+ seats). The A350 XWB offers by design unrivalled operational flexibility and efficiency for all market segments up to ultra-long haul (15,000 km).

The A350 XWB features the latest aerodynamic design, carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25% reduction in fuel burn and emissions. The A350 XWB’s Airspace by Airbus cabin is the quietest of any twin-aisle and offers passengers and crews the most modern in-flight products for the most comfortable flying experience.

At the end of March 2019, the A350 XWB Family had received 890 firm orders from 50 customers worldwide, making it one of the most successful widebody aircraft ever.

@JAL_Official_jp #A350 #Airbus

U-Haul International Takes Delivery of its First PC-24

In a ceremony today at Pilatus Business Aircraft Ltd’s facility in Broomfield, Colorado, the Swiss aircraft manufacturer delivered the first of two PC-24 Super Versatile Jets to US customer U-Haul International.

In a stylish paint scheme featuring the distinctive U-Haul orange livery, the 27th production PC-24 aircraft took to the skies for its new home base in Phoenix, Arizona, where it will join a U-Haul fleet that includes two PC-12s.

On hand to accept the keys to their first PC-24 was Joe Shoen, Chairman of AMERCO, parent company of U-Haul International, who stated: “We are delighted to start flying this great new aircraft. When Pilatus announced the new jet, we were confident that it would be a real workhorse that, alongside our two PC-12s, would help us manage our growing operations throughout North America. We have been eagerly looking forward to this day.”

Thomas Bosshard, CEO of Pilatus subsidiary Pilatus Business Aircraft Ltd stated: “We are extremely pleased to have the honour of delivering the first of two PC-24s to U-Haul International, one of our many great, long-time customers. Joe Shoen and his flight department have been on board with Pilatus and the PC-24 since we first introduced the concept to them more than five years ago. Throughout the development and certification of the aircraft they’ve been looking forward to this day, and we are thrilled to celebrate it with them.”

With the aircraft now in operation, the global fleet of PC-24’s has now accumulated over 4,000 flight hours, with the fleet leader already clocking up more than 1,100 flight hours.

The PC-24 Super Versatile Jet will be on display at Pilatus’ static exhibit during the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland, 21 to 23 May. Reservations for personal viewings may be made onsite or with any Authorized Pilatus Centre.

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