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Tag: Airshow (Page 3 of 4)

Embraer Praetor 600 Jet Makes Its First Transatlantic Crossing

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.

Follow us on Twitter: @Embraer

HK Bellawings Firms Order for Four More Global 7500 Jets

  • Fleet operator continues to confirm orders after signing letter of intent for multiple Global 6500 and Global 7500 aircraft in May 2018
  • HK Bellawings Jet Limited will become operator managing China’s largest fleet of Global 6500 and Global 7500 aircraft
  • Flagship Global 7500 business jet making its airshow debut at ABACE
  • Long-range, large-cabin Global 5500 and Global 6500 aircraft on track to enter service this year

Bombardier is pleased to announce that Hong Kong aircraft management company HK Bellawings Jet Limited firmed up an order for four Global 7500 business jets. This news comes as the flagship Global 7500 aircraft arrives at the Asian Business Aviation Conference & Exhibition (ABACE), its first airshow since entering service.

“We are proud to announce this firm order as the Global 7500 aircraft makes its public debut at ABACE, one of the world’s most important aerospace exhibitions,” said Khader Mattar, Vice President of Sales for the Middle East, Africa, Asia Pacific and China, Bombardier Business Aircraft. “Our flagship jet has been causing a sensation since entering service less than four months ago, and this order underscores that this aircraft, with its unparalleled range and four true living spaces, is ideal for the Greater China region.”

HK Bellawings first announced their intent to purchase up to 18 Global 6500 and Global 7500 aircraft, for a potential value of $1.14 billion US, in May 2018 at the European Business Aviation Convention & Exhibition (EBACE) in Geneva. Hours earlier, Bombardier had stunned the industry by launching two new long-range, large-cabin business jets, the Global 5500 and Global 6500 aircraft.

In September 2018, HK Bellawings firmed up its order of four Global 6500 and two Global 7500 business jets, for an approximate value of $370 million US, based on current list prices for typically equipped aircraft. Today, HK Bellawings and Bombardier are pleased to confirm that four more
Global 7500 aircraft are now part of that firm purchase, bringing the total of firm aircraft orders to 10. This latest announcement represents a value of approximately $291 million US, based on current list prices.

“We are thrilled to offer our customers access to the unparalleled Global 7500 aircraft as part of our unmatched fleet,” said HK Bellawings President Mr. YJ Zhang. “The Global 6500 and Global 7500 aircraft align with HK Bellawings’ rapid development to be a one-stop business aviation solution. As the operator that will manage one of the world’s largest fleet of Global 6500 and Global 7500 aircraft, HK Bellawings Jet will further expand our business scope and continuously pursue higher goals.”

The Global 7500 aircraft’s range of 7,700 nautical miles is the longest in business aviation. This business jet can connect the cities of Beijing, Shanghai and Hong Kong non-stop to the cities of New York, London or Milan, and also fly nonstop from Singapore to Vancouver.*

Established in 2014, HK Bellawings Jet Limited is a distinguished business jet management company dedicated to providing a diverse array of professional, highly efficient and comprehensive business aviation services and solutions, which include business jet management, aircraft maintenance, travel concierge service, aircraft acquisition service, and business aviation consultancy. They operate a fleet of Challenger and Global business aircraft.

About Bombardier

With over 68,000 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Boeing Unveils Unmanned Combat Jet

AVALON, Australia (Reuters) – Boeing Co on Wednesday unveiled an unmanned, fighter-like jet developed in Australia and designed to fly alongside crewed aircraft in combat for a fraction of the cost.

The U.S. manufacturer hopes to sell the multi-role aircraft, which is 38 feet long (11.6 metres) and has a 2,000 nautical mile (3,704 kilometre) range, to customers around the world, modifying it as requested.

The prototype is Australia’s first domestically developed combat aircraft since World War II and Boeing’s biggest investment in unmanned systems outside the United States, although the company declined to specify the dollar amount.

The Australian government is investing A$40 million ($28.75 million) in the prototype programme due to its “enormous capability for exports,” Minister for Defence Christopher Pyne told reporters at the Australian International Airshow.

Defence contractors are investing increasingly in autonomous technology as militaries around the world look for a cheaper and safer way to maximise their resources.

Boeing rivals like Lockheed Martin Corp and Kratos Defence and Security Solutions Inc are also investing in such aircraft.

Four to six of the new aircraft, called the Boeing Airpower Teaming System, can fly alongside a F/A-18E/F Super Hornet, said Shane Arnott, director of Boeing research and prototype arm Phantom Works International.

“To bring that extra component and the advantage of unmanned capability, you can accept a higher level of risk,” he said. “It is better for one of these to take a hit than for a manned platform.”

The Mitchell Institute for Aerospace Studies in the United States said last year that the U.S. Air Force should explore pairing crewed and uncrewed aircraft to expand its fleet and complement a limited number of “exquisite, expensive, but highly potent fifth-generation aircraft” like the F-35.

“Human performance factors are a major driver behind current aerial combat practices,” the policy paper said. “Humans can only pull a certain number of G’s, fly for a certain number of hours, or process a certain amount of information at a given time.”

MULTI-MISSION CAPABILITIES

In addition to performing like a fighter jet, other roles for the Boeing system include electronic warfare, intelligence, surveillance and reconnaissance alongside aircraft like the P-8 Poseidon and E-7 Wedgetail, said Kristin Robertson, vice president and general manager of Boeing Autonomous Systems.

“It is operationally very flexible, modular, multi-mission,” she said. “It is a very disruptive price point. Fighter-like capability at a fraction of the cost.”

Robertson declined to comment on the cost, saying that it would depend on the configuration chosen by individual customers.

The jet is powered by a derivative of a commercially available engine, uses standard runways for take-off and landing, and can be modified for carrier operations at sea, Robertson said. She declined to specify whether it could reach supersonic speeds, common for modern fighter aircraft.

Its first flight is expected in 2020, with Boeing and the Australian government producing a concept demonstrator to pave the way for full production.

“I would say we are some years away from exports, we are probably years away from it being in operation here in Australia,” Pyne said. “It is designed to be a cheaper platform, a shield if you like around the more expensive platforms, to protect our servicemen and women who might be on a Poseidon or a Wedgetail or a F-35A.”

Australia, a staunch U.S. ally, is home to Boeing’s largest footprint outside the United States and has vast airspace with relatively low traffic for flight testing.

The Boeing Airpower Teaming System will be manufactured in Australia, but production lines could be set up in other countries depending on sales, Arnott said.

The United States, which has the world’s biggest military budget, would be among the natural customers for the product.

The U.S. Air Force 2030 project foresees the Lockheed Martin F-35A Joint Strike Fighter working together with stealthy combat drones, called the “Loyal Wingman” concept, said Derrick Maple, principal analyst for unmanned systems at IHS Markit.

“The U.S. has more specific plans for the wingman concept, but Western Europe will likely develop their requirements in parallel, to abate the capabilities of China and the Russian Federation and other potential threats,” he said.

Robertson declined to name potential customers and would not comment on potential stealth properties, but said the aircraft had the potential to sell globally.

“We didn’t design this as a point solution but a very flexible solution that we could outfit with payloads, sensors, different mission sets to complement whatever their fleet is,” she said. “Don’t think of it as a specific product that is tailored to do only one mission.”

($1 = 1.3914 Australian dollars)

(Reporting by Jamie Freed; additional reporting by Gerry Doyle; editing by Gerry Doyle)

VietJet to Sign Major Boeing Deal During Trump-Kim Summit

HANOI (Reuters) – Fast-growing Vietnamese budget airline VietJet Aviation JSC is expected to sign a major jet deal with Boeing Co on the sidelines of next week’s Trump-Kim summit, according to sources familiar with the matter.

U.S. President Donald Trump and North Korean leader Kim Jong Un will hold their second summit in the Vietnamese capital of Hanoi on Feb 27-28.

Holding a signing ceremony during Trump’s visit would help emphasise strengthening economic and military ties between the United States and Vietnam.

VietJet, while not government-owned, increasingly uses state visits to showcase major plane orders balanced between Boeing and Airbus SE. It signed a deal to buy 100 Boeing 737 MAX narrowbody jets when former U.S. President Barack Obama visited Hanoi in 2016.

The airline is likely to finalise next week a separate provisional deal agreed last year at the Farnborough Airshow to buy another 100 Boeing 737 MAX jets worth almost $13 billion at list prices, sources said on condition of anonymity due to an expected announcement by VietJet.

The U.S. Federal Aviation Administration declared last week that Vietnam complied with international aviation standards, in a move that would allow Vietnamese carriers to fly there for the first time and codeshare with U.S. airlines.

VietJet said last week it planned to purchase widebody jets capable of U.S. flights to open routes to cities with large Vietnamese communities in the United States, such as in California.

It might be too early for VietJet to place a widebody order, said one of the sources.

Another source briefed on the matter said the deal for 100 737 MAX jets was already on Boeing’s books, having been firmed up earlier and listed as an unidentified customer.

Boeing declined to comment. VietJet did not respond immediately to a request for comment.

VietJet finalised a deal in November with Airbus for 50 A321neo jets during a visit to Hanoi by French Prime Minister Edouard Philippe that had also been announced provisionally at the Farnborough Airshow.

VietJet operates 385 flights daily within Vietnam and to places such as Japan, Hong Kong, South Korea, Taiwan, Singapore, China, Thailand, Myanmar and Malaysia.

However, industry analysts have questioned whether the airline will take delivery of all the aircraft on order as the aerospace industry reaches the peak of an extended growth phase.

(Reporting by James Pearson in Hanoi; Additional reporting by Tim Hepher in Paris; Writing by Jamie Freed; Editing by Muralikumar Anantharaman)

Airbus Says A320neo India Deliveries Back on Track

Bengaluru (Reuters) – European aircraft maker Airbus deliveries of its A320neo aircraft are back on track in India with fewer problems being seen with the narrowbody jet’s Pratt & Whitney engines, a senior company executive said on Wednesday.

“Pratt has informed Airbus that engine issues have come down by a factor of four in the last 12 months,” said Airbus’ India head Anand Stanley, on the sidelines of the Aero India airshow in Bengaluru.

Last month, India’s aviation safety watchdog forced airlines to make extra checks on their Airbus A320neo aircraft fitted with Pratt & Whitney engines, as part of new safety protocols after temporary grounding orders affected the planes last year.

IndiGo, India’s biggest carrier by market share, and its low-cost rival GoAir, both fly the A320neos.

The aircraft, which entered service in early 2016, boasts significant fuel efficiency benefits, but it has been plagued by teething issues with its engines that have forced Interglobe Aviation-owned IndiGo and Wadia Group-owned GoAir to regularly ground a number of the planes.

This caused a backlog in deliveries of the planes by Airbus.

IndiGo has over 60 A320neos in its fleet and is one of Airbus’ biggest global customer with over 400 more A320neo and A321neo jets on order. GoAir has about 30 A320neos in its fleet and over 100 more of the jets ordered.

Stanley said that the reliability rate on A320neo engines is now 99.6 percent and that it has retrofitted engines of about 95 percent of the A320neos in service. It expects to finish work on the remainder in the next two months.

(Reporting by Aditi Shah; Writing by Euan Rocha; editing by Emelia Sithole-Matarise)

ATR and Aurigny Confirm Order for 3 ATR 72-600’s

Guernsey-based airline will be launch customer for ClearVision™ 

Toulouse, 8 January 2019 – ATR and Aurigny today confirm the acquisition of three ATR 72-600 aircraft, following approval from the States of Guernsey and after the initial signature of a Letter of Intention at the Farnborough Airshow, in July 2018. The first aircraft will be delivered in August 2019 and all three will be equipped with the new ClearVision™ Enhanced Vision System (EVS), with Aurigny the launch customer for this cutting-edge technology.

ClearVision™ uses an external camera to display an augmented outside-view in real-time to a head-mounted visor, worn by the pilot with the EVS improving significantly the pilot’s vision. This is a major change for Aurigny’s crew as Guernsey’s location in the English Channel, see its flight operations regularly affected by fog, leading to disruptions for passengers. A study showed that an ATR equipped with the ClearVision™ EVS could have saved 50% of the disrupted landings in Guernsey, over the period of a year. ClearVision™ will also enhance operations into other destinations served by Aurigny.

ClearVision™ is an option on ATR’s latest avionics suite, Standard 3, which delivers important operational improvements and a first in commercial aviation. In addition to the EVS selected by Aurigny, ClearVision™ also offers a Synthetic Vision System (SVS) that provides the pilot’s Head-Up Display with digital images of terrain and obstacles, from an extensive database. Operators can also opt for a Combined Vision System (CVS), combining the EVS and SVS, and offering pilots the best possible vision and situational awareness.

Mark Darby CEO of Aurigny said: “The opportunity to modernise our fleet, allowing us to offer our customers the very latest standards of comfort whilst introducing technology that will minimise disruption to their travel, makes perfect sense. Aurigny plays a key role in assuring vital connectivity between Guernsey and the UK and Europe. These new aircraft are going to make a significant difference both to our flight operations and to the people of Guernsey.”

Stefano Bortoli CEO of ATR said: “ATR’s aim is always to develop solutions that will have genuine impact for our operators and also on the travel experience of their passengers. Aurigny’s new ATRs, equipped with ClearVision™ will reduce delays and cancellations for its passengers. To have Aurigny as the launch customer for this technology is the perfect seal of approval for its effectiveness. We are proud that our latest-generation ATRs equipped with this cutting-edge solution will provide improved connectivity for the people of Guernsey.”

Regional connectivity supports local economies, with a 10% increase in flights generating a 5% rise in tourism, an increase of 6% in local GDP and 8% more Foreign Direct Investment. With a fuel burn advantage of 80% compared to regional jets, ATR -600 series aircraft represent the most efficient way of supplying these essential links.

About Aurigny: 
As Guernsey’s airline, Aurigny is proud to offer a wide range of services and lifeline links to the Bailiwick and its visitors. Established 50 years ago, Aurigny have had the privilege of serving more than 16 million customers over this time, and currently operate more than 15,000 flights a year, to 14 destinations. Aurigny is owned by the States of Guernsey and their network includes services to Guernsey, Alderney, and destinations across the UK and in Europe.

ABOUT ATR:

European turboprop manufacturer ATR is the world leader in the regional aviation market. ATR designs, manufactures and delivers aircraft, with its fleet encompassing some 200 airlines in nearly 100 countries. The ATR 42 and the ATR 72 are the best-selling aircraft in the below 90-seat category. With continuous improvement as a driving force, ATR produces cutting edge, comfortable and versatile turboprops that help airlines expand their horizons by creating more than 100 new routes every year. Compared with other turboprops, ATRs offer an advantage of 40% on fuel burn, 20% on trip cost and 10% on seat cost, whilst offering the lowest noise emissions. ATR is an equal partnership between leading aerospace firms Airbus and Leonardo and benefits from a large global customer support network allowing it to deliver innovative services and solutions to its clients and operators all over the world. For more information, please visit http://www.atr-aircraft.com. Follow us on Twitter – #ATRLeads

Story and image from http://www.atraircraft.com

Embraer and Azul Firm Up Order for Additional E195-E2 jets

São José dos Campos, Brazil, December 19th, 2018 – Embraer and Azul Linhas Aéreas Brasileiras S.A. have signed a contract for a firm order for a previously announced 21 E195-E2 jets. This agreement was revealed as a Letter of Intent (LoI) at the Farnborough Airshow, in July. This contract has a value of USD 1.4 billion, based on current list prices, and will be included in Embraer’s 2018 fourth-quarter backlog.

This contract is in addition to the 30 E195-E2 jets ordered by the airline in 2015, raising Azul’s total order to 51 Embraer E2 aircraft. Azul is the launch operator of the E195-E2 and will receive the first aircraft in 2019.

Embraer is the world’s leading manufacturer of commercial jets with up to 150 seats. The Company has 100 customers from all over the world operating the ERJ and E-Jet families of aircraft. For the E-Jets program alone, Embraer has logged almost 1,800 orders and 1,500 deliveries, redefining the traditional concept of regional aircraft.

story and image from http://www.embraer.com

SaudiGulf Airlines Signs Agreement For 10 Airbus A320neo Jets

DUBAI (Reuters) – Saudi Arabian airline SaudiGulf owner Al-Qahtani Aviation has signed an agreement to buy 10 Airbus (AIR.PA) A320neo family jets, Airbus said in a statement on Thursday.

The value of deal was not announced. It would be worth around $1.1 billion at list prices, though discounts are common.

The “commitment” was announced at the Bahrain International Airshow, which is taking place this week, Airbus said.

The parties did not immediately respond to questions about whether the deal was new or part of earlier Airbus announcements in which the buyer was not identified.

Reuters reported in July, citing sources, that SaudiGulf was behind an order for 10 A320neos that Airbus said during England’s Farnborough was for an undisclosed customer.

SaudiGulf President Samer Majali said the order would help the airline’s regional and international expansion.

SaudiGulf, based in the eastern Saudi Arabian city of Dammam, launched it 2016. It currently operates a fleet of six A320 jets.

(Reporting by Alexander Cornwell; editing by Jason Neely)

Boeing, Airbus Fret Over China Trade War

ZHUHAI, China (Reuters) – The world’s two largest planemakers signaled on Tuesday that they were keen to see an end to a bruising trade war between Washington and Beijing, as China opened its largest airshow with a display that showcased its aviation ambitions.

Boeing (BA.N) and Airbus (AIR.PA) made their comments on the opening day of the biennial Airshow China, being held in the coastal city of Zhuhai from Nov. 6-11, that is traditionally an event for Beijing to parade its growing aviation prowess.

China has become a key hunting ground for deals for foreign aviation firms thanks to surging travel demand, but the outlook has been complicated by Beijing’s desire to grow its own champions in industries ranging from aviation to semiconductors to robots.

Its ties with the United States have in particular been strained. President Donald Trump criticizes China for what he sees as intellectual property theft, entry barriers to U.S. business and a gaping trade deficit, while Beijing calls the complaints unreasonable. The two sides have resorted to tit-for-tat tariffs on goods worth billions of dollars.

While U.S.-made aircraft, among America’s biggest exports to China, have so far escaped Beijing’s tariffs, analysts said they were still waiting to see what the trade war would spell for U.S. companies such as Boeing.

George Xu, the top China executive at Boeing’s biggest rival Airbus (AIR.PA), said at a news conference that the European planemaker did not expect a sales windfall from the tensions.

“I am Chinese and we don’t like this kind of trade war,” he said. “Nobody will be the winner in this kind of trade war.”

Airbus had hoped to close a deal for 184 aircraft during a trip to China by French President Emmanuel Macron in January, but negotiations appear to have stalled, industry sources say.

In carefully worded comments, Boeing’s senior vice-president of Northeast Asia sales, Rick Anderson, said China was a rapidly growing aviation market and that he believed Washington and Beijing understood that.

“We continue to engage with leaders of United States and China, and continue to urge productive conversation to resolve the trade discrepancies,” he said.

“We are optimistic for a quick solution.”

AMBITIONS ON DISPLAY

China and United States have in recent days stoked optimism that a breakthrough might be made, after Trump spoke by phone with President Xi Jinping last week.

The two countries have also announced that they will hold a delayed top-level security dialogue on Friday.

Still, Beijing has shown little sign of taming its ambitions to catch up with rivals like the United States, France and Germany in high-end technology.

Projects being showcased in Zhuhai included a full-scale mock-up of a widebody CR929 jet being jointly developed by Commercial Aircraft Corporation of China and Russia’s United Aircraft Corporation (UAC) in hopes of eventually competing with Boeing’s 787 and Airbus’ A350 jets.

The global market for widebody jets is estimated to be worth $2.5 trillion over the next two decades, according to Boeing, with the fleet size more than doubling to 9,180 jets.

Widebodies account for around 20 percent of projected global jet deliveries over that period but almost 40 percent by value.

Hundreds of spectators and industry executives at the airshow were also treated to a roaring flight demonstration that involved three of China’s Chengdu J-20 stealth fighters, which debuted at the show two years ago with a 60-second flypast.

China put the J-20 into service last year that experts say is a part of Beijing’s plan to narrow a military technology gap with the United States and its F-35 stealth fighter.

Sophisticated anti-aircraft batteries were also on display.

“If you tie those together with the J-20, the message is about Anti-Area Access Denial. It is not just about protecting the motherland but pushing the Americans away,” said aerospace analyst Sash Tusa of UK-based Agency Partners.

(Reporting by Brenda Goh, Stella Qiu and Tim Hepher; Writing by Brenda Goh; Editing by Himani Sarkar)

Embraer Delivers 15 Commercial, 24 Executive Jets In Q3

Embraer has released the following press announcement on its website:

São José dos Campos, Brazil, October 19th, 2018 – During the third quarter of 2018 (3Q18), Embraer (NYSE: ERJ; BM&FBOVESPA: EMBR3) delivered 15 jets to the commercial aviation market and 24 business jets, being 17 light jets and 7 large jets. On September 30, Embraer’s firm order backlog totaled USD13.6 billion.

Regarding the commercial aviation market, Embraer forecasted in its Market Outlook a demand for 10,550 new aircraft with up to 150 seats worldwide over the next 20 years,. The in-service fleet is set to increase to 16,000 aircraft, up from the 9,000 aircraft currently in operation. Market growth will drive 65% of this demand, while the remaining 35% of the projected demand will be to replace ageing aircraft.

Embraer and Helvetic Airways signed a contract for a firm order of 12 E190-E2 jets during 3Q18. The agreement was announced at the Farnborough Airshow in July as a Letter of Intent. The contract also includes purchase rights for another 12 E190-E2 aircraft, with the possibility of conversion to the E195-E2 model, raising the order potential for up to 24 aircraft. Deliveries should occur between the end of 2019 and 2021. Also in Farnborough, United Airlines made a firm order for 25 E175 jets in a 70-seat configuration. Deliveries will begin in the second quarter of 2019.

In 3Q18, Embraer also signed a contract with an undisclosed customer for up to five E195-E2s, being three firm orders and two purchase rights. This agreement was previously announced as a Letter of Intent (LoI) during the Farnborough Airshow. In addition, the Company continues to work on finalizing its recent LoI signed at the Farnborough Airshow for 100 E175 aircraft for Republic Airways, with the expectation that a significant portion of these jets should enter the Company’s backlog by the end of 2018.

A total of 134 jets were removed from Embraer’s backlog in 3Q18. The majority of these planes belong to an order placed by Skywest for 100 E175-E2s, and were removed largely due to IFRS accounting changes. Given current timing uncertainty of the scope clause changes in the U.S. market to allow the heavier E175-E2 to be flown by regional airlines under capacity purchase agreements (CPAs) for mainline airlines, Embraer has proactively adopted best practices to align with the latest IFRS principles and remove the order from backlog given its conditionality terms. Skywest remains committed with the E175-E2 order and its terms are unchanged. The other 34 jets that were removed from the Company’s backlog in 3Q18 are related to cancellations, including an order for 24 E190 jets that were cancelled by JetBlue following its recent fleet renewal decision.

In the business jets segment, Embraer first exhibited the Phenom 100EV, Phenom 300E and Legacy 650E aircraft with full interior at Labace, the largest Latin American executive aviation fair which took place in São Paulo in August. Embraer also delivered its first Phenom 300E in Asia Pacific.

Embraer Services & Support signed relevant agreements in Europe and Africa during the quarter. LOT Polish Airlines, the national carrier of Poland and leading airline in Central Europe, signed an extension of its pool agreement to support LOT’s fleet of 34 Embraer E-Jets. Kenya Airways also joined a service program whereby Embraer will take over the planning and replenishment of a sizeable portion of Kenya Airways’ spare parts stock covering the 15 Embraer E190 aircraft operated by the airline. Sahara Africa Aviation also signed a multi-year Pool Program Agreement for spare parts and support covering more than 500 components for their two recently acquired Embraer ERJ 145 jets.

Follow us on Twitter: @Embraer

Story and image from http://www.embraer.com

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