Tag: jet (Page 22 of 32)

Embraer Praetor 600 Jet Makes Its First Transatlantic Crossing

May 20, 2019 / WIL BALDWIN

Melbourne, Florida, May 17, 2019 – Embraer’s new Praetor 600 super-midsize business jet has completed its first transatlantic crossing, powered by Sustainable Alternative Jet Fuel (SAJF). The aircraft arrived yesterday in Farnborough, having departed from Teterboro Airport in the U.S. The first transatlantic flight of the Praetor 600 covered about 3,000 nautical miles with about 15,000 lb of fuel, of which 3,000 lb was SAJF.

Embraer will debut its new Praetor business jets at the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland, from May 21 to May 23. The new midsize Praetor 500 and super-midsize Praetor 600 business jets were launched in October 2018.

On static display at this year’s EBACE will be the entry-level Phenom 100EV, the Phenom 300E light jet, the midsize Praetor 500, the super-midsize Praetor 600, the large Legacy 650E and the ultra-large Lineage 1000E. All aircraft will arrive at EBACE fueled with SAJF.

Prior to arrival at EBACE, Embraer will participate at a business aviation biofuel event to be held at Farnborough Airport on May 18. This event will mark the first anniversary of the launch of the Business Aviation Coalition for Sustainable Alternative Jet Fuel (SAJF), at EBACE 2018, and the 10th anniversary of the Business Aviation Commitment on Climate Change, announced in 2009.

The “Fueling the Future” event will gather business aviation and civic leaders to discuss the path forward for the continued adoption of SAJF in business aviation, in order to fulfill the coalition’s goal of reducing emissions through investments and innovation. Several manufacturer’s business aircraft will be fueled with SAJF before departing to EBACE.

On May 8, the Praetor 600 began its journey to EBACE at São Paulo International Airport in Brazil and arrived in Fort Lauderdale, Florida with a six-passenger equivalent payload of 1,200 lb (544 kg). This was the aircraft’s longest flight to date, covering 3,904 nm (7,230 kilometers) over an air distance of 3,678 nm (6,812 kilometers), having faced up to 43 knots of headwinds and descended into Miami’s distinct air space pattern.

The Praetor 600 is the best performing super-midsize jet ever developed, surpassing all its main design goals and becoming capable of flying beyond 4,000 nautical miles in long-range cruise speed or beyond 3,700 nautical miles at Mach .80 from runways shorter than 4,500ft, complemented by an outstanding payload capability.

The Praetor 600 is the first super-midsize jet with full fly-by-wire technology, which powers the Active Turbulence Reduction that not only makes every flight the smoothest but also the most efficient possible.

Air New Zealand Picks Boeing for Wide-body Jet Order

May 20, 2019 / WIL BALDWIN

PARIS (Reuters) – Air New Zealand Ltd has decided to buy wide-body planes from Boeing Co, people with direct knowledge of the matter said, ending an 18 month battle between the U.S. aircraft maker and European rival Airbus SE.

The carrier has been considering replacing eight Boeing 777-200ER aircraft in a deal worth over $2 billion at list prices, though carriers typically receive steep discounts. Air New Zealand already uses Boeing wide-bodies exclusively on long-haul flights, and Airbus single-aisle jets on shorter routes.

The final choices under consideration were the Boeing 787 and Airbus A350, Air New Zealand Chief Financial Officer Jeff McDowall said in a video interview with the New Zealand Herald published on Saturday.

“They are both fantastic aircraft,” McDowall said. “Both produce a fantastic customer experience compared to the existing aircraft but also a lower cost and lower carbon emissions… We expect to make a decision soon, in the next month.”

Air New Zealand already operates 13 787-9 jets and has one more on order. The airline did not respond to a Reuters’ request for comment. It will hold an annual investor briefing on May 27.

Boeing and Airbus declined to comment. The people with direct knowledge of the matter declined to be identified ahead of a public announcement.

Air New Zealand’s chief executive, Christopher Luxon, last year told Reuters the larger Boeing 777X was also under consideration, and that the airline planned to use the new jets to begin longer routes such as Auckland to New York and Brazil.

In March, CFO McDowall in an analyst briefing said the airline would need fewer replacement jets in 2023 than initially anticipated due to changes in its flight network.

Air New Zealand began a two-year cost reduction program in March and deferred aircraft capital expenditure of about NZ$750 million ($490.1 million) as part of a business review.

A month earlier, it slashed domestic fares by as much as 50% in a shake-up of its pricing structure in response to a slackening travel market.

(Reporting by Tim Hepher in Paris; Additional reporting by Praveen Menon in WELLINGTON; Editing by Stephen Coates and Christopher Cushing)

FILE PHOTO: An Air New Zealand Airbus A320-200 plane takes off from Kingsford Smith International Airport in Sydney, Australia, February 22, 2018. REUTERS/Daniel Munoz/File Photo

Dassault Aviation at the EBACE 2019 Event

May 17, 2019 / WIL BALDWIN

The Dassault Aviation group is delighted to be presenting its dual civil and defense know-how at the 2019 edition of EBACE, Europe’s primary business aviation event, to be held in Geneva from 21 to 23 May.

Saint-Cloud, France, 17 May 2019 – The Dassault Aviation group is delighted to be presenting its dual civil and defense know-how at the 2019 edition of EBACE, Europe’s primary business aviation event, to be held in Geneva from 21 to 23 May.

Three Dassault aircraft will be presented in the static display:

a Falcon 8X tri-jet,
a Falcon 900LX tri-jet,
a Falcon 2000S twin-jet.

The Falcons designed and built by Dassault Aviation are a family of business aircraft which have earned a reputation for handling, operational flexibility, low consumption and technological innovation. © Dassault Aviation – All Rights Reserved

On its stand, Dassault Aviation will also be presenting:

a full-scale mock-up of the cabin of the Falcon 6X, the new Falcon twin-jet currently under development. Visitors will be able to enter this mock-up, which is fully representative of the features and comfort of the actual cabin;
a mock-up of the Rafale, the multi-role combat aircraft, which has proven itself in numerous theatres of operations. The Rafale is a candidate for the Swiss Air Force’s combat fleet renewal program;
a mock-up of the nEUROn stealth combat UAV demonstrator built under the project leadership of Dassault Aviation, in cooperation with companies from five European countries, including Ruag of Switzerland;
a representation of the new capabilities of Dassault Aviation’s Falcon maintenance networks, notably following the acquisition of MRO activities of TAG Aviation in Europe and ExecuJet in Asia, Australia, New Zealand, Africa, the Middle East and Europe.

As well as being the lynchpin of a strategic industrial network comprising hundreds of companies in France and around the world, Dassault Aviation is also the core industrial shareholder of the Thales Group and the leader of the new-generation European combat aircraft program.

Airlines Collaborate on First Regional ‘Perfect Flight’ in Sweden

May 17, 2019 / WIL BALDWIN

Braathens Regional Airlines has collaborated with Air BP, ATR and Neste to achieve the ‘Perfect Flight’ from Halmstad City airport to Stockholm Bromma airport in Sweden – a country aiming to be carbon neutral by 2045.
Sustainable aviation fuel, produced by Neste and supplied by Air BP, was used to power the ATR 72-600 – the regional aircraft with the best environmental credentials.
Every element of the flight management process has been optimised to keep carbon emissions to a minimum.

Today, a number of companies from across the aviation sector have risen to the challenge of turning a typical weekday service from Halmstad City airport (HAD/ESMT) to Stockholm Bromma airport (BMA/ESSB) into the ‘Perfect Flight’.

This is the first time that every element in the flight management process on a regional flight has been optimized to keep carbon emissions to a minimum and achieve the ‘Perfect Flight’ – in Sweden, a country that is aiming to be carbon neutral by 2045. A full flight of seventy two passengers, including international media, were on board the Braathens Regional Airlines ATR 72-600 turboprop, the regional aircraft with the best environmental credentials, which took one hour to reach its destination.

According to ATR, the ATR 72-600 has an environmental advantage, in that it produces 40 percent fewer carbon emissions per trip compared with regional jets, saving 4,000 tonnes of carbon emissions per aircraft per year. ATRs can also take off and land where other aircraft cannot, ensuring accessibility to all airfields, including those that are the most challenging. This helps connect more communities and provides more opportunities for people, wherever they live.

With the electrification of commercial aircraft thought to be decades away, advances in aircraft efficiency and the use of sustainable aviation fuel are likely to play a significant role in supporting the aviation industry to meet its ambitious target of reducing carbon emissions to half 2005 levels by 2050.

The Perfect Flight was powered by sustainable aviation fuel supplied by Air BP and produced by Neste. The fuel supplied will produce up to 80 percent fewer emissions over its life-cycle compared with conventional jet fuel and is produced from non-palm renewable and sustainable raw materials. In addition, Air BP’s operations at Halmstad City airport are one of their over 250 locations that have been certified as carbon neutral since 2016.

Following the flight, a responsible aviation seminar was held at Stockholm Bromma airport where the crew shared the results of how the ‘Perfect Flight’ had been achieved. A host of experts shared their views including Peter Larsson – CEO of Sweden’s Regional Airports, Jonas Bergman – Mayor of Halmstad, Tom Anderson – ATR Senior Vice President, Programs and Customer Services, Anna Soltorp – Head of Sustainability, BRA and Tom Parsons, Air BP Commercial Development Manager, Low Carbon, and Andreas Teir, Neste’s Vice President in Renewable Transportation, Nordics.

From his seat on the Perfect Flight, Parsons said: “At Air BP we are committed to working across the industry to meet our collective carbon reduction goals. Today has highlighted what is possible when we all work together and we are proud to have been the supplier of sustainable aviation fuel for this perfect flight. We will continue to look for ways to reduce emissions in our own operations and for our customers.”

Meanwhile, Soltorp commented: We want to continue to fly ‘perfectly’ in the future. To achieve this, it is important that we can access sustainable aviation fuel in sufficient quantities and at the right price. For that we need political initiatives. We intend to continue the development of sustainable flying to make every flight as close to perfect as we possibly can. As a society we need to take action to combat climate change and drastically reduce emissions, aviation must play its part in this. Today, we have demonstrated what can be achieved through more efficient flying without compromising connectivity. It is another positive step forwards.”

Anderson added: “Today, using existing technology and available solutions, we have pushed the boundaries even further. This great achievement wouldn’t have been possible without using an ATR aircraft, as our ATR 72-600 version uses 40 percent less fuel and emits 40 percent less CO₂ than a regional jet. We are delighted to have taken up this challenge and demonstrate what is possible, which will hopefully set an example for other communities around the world.”

Teir commented: “Aviation stakeholders in Sweden have adopted a proactive approach to show their commitment to reducing emissions from their operations by promoting the use of renewable jet fuel. Decarbonizing aviation calls for close cooperation between aviation stakeholders combined with a strong willingness to work collaboratively. We are proud of our partnership with Air BP in bringing sustainable jet fuel to Sweden, which sends a strong signal to the international aviation community also.”

Embraer Announces Earnings Results For 1st Quarter 2019

May 15, 2019 / WIL BALDWIN

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

Dassault Aviation Starts Office Construction at Mérignac Plant

May 14, 2019 / WIL BALDWIN

Mérignac, France, 14 May 2019 – Today, Dassault Aviation officially launched the construction of an office building on its site in Mérignac, France, as a step of its “Leading our Future” transformation plan. The building will accommodate design, development and after-sales support teams for the firm’s civil and defense activities.

“This ambitious project reflects our aim to bring together some of the teams who design and support our aircraft and those responsible for producing them. It fosters collaborative working as part of the rollout of our extended design office concept. The principle is to integrate even more and whenever required, from the design phase, all the trades involved in the product life cycle. This building will not just house offices, it will be one of the means to reframe the interactions between Mérignac and Saint-Cloud. We are expecting better links between technical competence, product knowledge and customer services”, said Eric Trappier, Chairman and CEO of Dassault Aviation. “It is one of the focuses of our transformation plan which, without altering the DNA that has underpinned our century-long success, aims to make our company more flexible and more competitive to respond to the technology challenges ahead and the changes occurring in the world around us.”

The new building will offer 25,800 sq. m of surface area over four levels with a total capacity of 1,500 workstations including 24 modular collaborative work spaces and nine project offices. The building will also provide VIP rooms for our civil and military customers, a Falcon command center, rooms for aircraft system test benches, a Virtual Reality Center, an Immersive Reality Center and an auditorium.

The highest environmental standards will be applied including smart lighting and energy management, solar panels (4,000 sq. m), reinforced insulation, green roofs, and a heat recovery system.

Presided over by Eric Trappier, alongside Valérie Guillemet, Mérignac Site Manager, the “groundbreaking” ceremony was attended by many local elected representatives, particularly the President of the Nouvelle-Aquitaine Region Alain Rousset, the President of Bordeaux Métropole Patrick Bobet, the Mayor of Mérignac Alain Anziani and the Mayor of Bordeaux Nicolas Florian. Representatives of official services, as well as the region’s aviation ecosystem and the media were also present at the event.

Work is scheduled for completion at the end of 2020, and the building should be commissioned in 2021.

About Dassault Aviation

With over 10,000 military and civil aircraft delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, development, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets and military drones. In 2018, Dassault Aviation reported revenues of €5.1 billion. The company has 11,500 employees.

Twitter : @Dassault_OnAir

Ryanair Co-Founder Plans Third Latin Airline

May 10, 2019 / WIL BALDWIN

Low-cost Viva Air plans NYSE listing within two years
Budget carriers are disrupting transport across Latin America

Rendering of an Airbus A320neo Viva Air aircraft Source: Airbus SE

Viva Air, the Latin American group of carriers owned by a founder of Ireland’s Ryanair Holdings Plc, has plans for a third airline in the region plus an initial public offering, to cash in on strong demand for discount air travel.

The company aims to sell shares in New York within two years, Viva’s biggest shareholder, Declan Ryan, said in an interview in Lima. The shares could also be listed on another exchange, such as Colombia’s, he said.

Click the link for the full story from Bloomberg!

https://www.bloomberg.com/news/articles/2019-05-10/ryanair-co-founder-plans-third-latin-airline-followed-by-an-ipo

After Successful 2018, Pilatus Prepares for the Future

May 9, 2019 / WIL BALDWIN

The business year 2018 was an exceptionally successful one for Pilatus, but also a challenging one. At around 1.1 billion Swiss francs, sales revenue was brought back to the billion mark again. The 128 aircraft delivered in total included the first PC-24 – a milestone in the company history. All in all, 18 PC-24s were handed over to customers in the past year.

Financial 2018 was better than the previous year. At 1,092 million Swiss francs, sales revenue surpassed the one billion mark for the first time since 2015. The operating result totals 157 million Swiss francs. And the future looks good: following incoming orders worth 1 billion Swiss francs, the current order volume stands at 2.1 billion Swiss francs – the equivalent of just under two years of sales revenue. A total of 128 aircraft were delivered to customers – 18 PC-24s, 80 PC-12 NGs, 27 PC-21s and three PC-6s.

PC-24 in focus

The delivery of the first PC-24 to the first customer in February 2018 marked a milestone in the development phase spanning over eleven years. The brand-new Super Versatile Jet was the focus of much work throughout 2018: besides bringing PC-24 series production operations up to speed, the customer service unit and entire service network also switched to “live” mode. Pilatus continued to make improvements to the PC-24 in parallel, pushing ahead with various post-certification test programmes aimed at delivering all aircraft capabilities promised to customers at the outset. The next milestone is just around the corner: the reopening of the PC-24 order book.

Customer service business grows in both pillars

Whilst the military sector is hugely important to Pilatus, the lack of new trainer fleet contracts in 2018 is not unduly worrying: Pilatus is focused on the necessary upstream work and has reinforced its sales efforts in this area. Constant growth in after-sales business is encouraging.

The Business Unit General Aviation also saw continued expansion of its customer service operations. The volume of PC-24s in operation grows with every week that passes, generating similar growth in the number of customers requiring support. The network of Authorised Pilatus Centres was further strengthened to offer customers around the world the level of service they are entitled to expect in the business aircraft league.

Preparing for success in the future

At the end of 2018 the Pilatus Group employed 2,283 people, including 127 apprentices. Over 150 new jobs were created. 93 percent of all employees work in Switzerland. At the headquarters in Stans work progresses on the construction of the new structure assembly hall: this new centre of competence for airframe construction operations will be commissioned in spring 2019 – a clear sign of commitment to the location in Switzerland.

The new completion centre run by the US subsidiary Pilatus Business Aircraft Ltd in Broomfield, Colorado, opened in the autumn. In Adelaide, preparatory work continued for the construction of a new, company-owned building for the subsidiary, Pilatus Australia Pty Ltd.

Commenting on these results, Chairman Oscar J. Schwenk remarked: “I am pleased to note that financial 2018 was a very successful year for us. A year in which a great deal of energy went into performing much detailed work. Work which will take us forward throughout the coming year, creating added benefit for our customers. The good financial results of the past year will also benefit our employees under our profit-sharing programme. In addition to an extra month’s salary, they have also been paid a bonus of 1.5 salaries. Our next challenge is already in sight: the imminent re-opening of the PC-24 order book. This is the year in which the reputation of the PC-24 and all other related services will be established. We are consistent in our efforts towards that goal, thereby consolidating our success and our future.”

Emirates Profit Hit by High Fuel Costs, Strong Dollar

May 9, 2019 / WIL BALDWIN

DUBAI (Reuters) – Emirates will “work smart and hard” to improve its performance after the Gulf airline’s profit hit a decade low as soaring fuel costs and a strong dollar took a toll on earnings, while passenger growth stalled.

After years of growth, during which it has become one of the world’s biggest airlines as other long-established national carriers have struggled, Dubai-based, state-owned Emirates warned last week profit would be lower than previous years.

It revealed just how badly it had fared on Thursday, reporting a 69 percent fall in net profit to 871 million dirhams ($237 million) in the year to March 31.

Meanwhile, the number of passengers flying Emirates rose 0.2 percent to 58.6 million, its weakest growth rate in at least 15 years, while cargo increased 1.4 percent to 2.7 million tonnes.

Chairman Sheikh Ahmed bin Saeed al-Maktoum said in a statement that the year had been “tough”, with higher oil prices, a strong dollar and stiffer competition, adding “our performance was not as strong as we would have liked”.

While revenue at the airline rose 6 percent to 97.9 billion dirhams, its profit fell to its lowest level since 2009. And profit at Emirates Group, which includes other units, fell 43.7 percent to 2.3 billions dirhams, its lowest since 2012.

Despite the profit fall, Emirates said it will pay the Investment Corporation of Dubai a dividend of 500 million dirhams for the year.

“SMART AND HARD”

Sheikh Ahmed said it was difficult to predict the year ahead but Emirates would “work smart and hard to tackle the challenges and take advantage of the opportunities.”

Unfavorable currency moves in key markets cost Emirates $156 million, while operating costs rose 8 percent with the airline recording its biggest ever fuel bill of 30.8 billion dirhams.

Emirates filled an average of 76.8 percent of passenger seats, slightly lower than the previous year, while increasing the number of available seats by 4 percent.

Fare increases helped Emirates register a 3 percent increase in passenger margin, despite it filling fewer seats.

The number of airline employees fell by 2,074, or 3.3 percent. Overall group workforce rose 1.9 percent to 105,286.

Emirates agreed with Airbus in February to cancel dozens of A380 orders and buy smaller A350’s and A330’s as the planemaker scrapped production of the world’s largest passenger jet.

Emirates, which will take 14 more A380’s between this year and the end of 2021, is developing a new route network for a fleet that will include smaller aircraft, it said last week.

Reporting by Alexander Cornwell; Editing by Kirsten Donovan and Alexander Smith

FILE PHOTO: Emirates Airline Boeing 777-300ER planes are seen at Dubai International Airport in Dubai, United Arab Emirates February 15, 2019. REUTERS/Christopher Pike/File Photo

Australia Receives First Falcon 7X VIP Aircraft

May 8, 2019 / WIL BALDWIN

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.

“SMART AND HARD”

Archives