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Dubai Aerospace Enterprise Orders 15 Boeing 737 MAX Jets

SEATTLE, April 20, 2021 /PRNewswire/ — Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance.

The order will appear on Boeing’s Orders and Deliveries website once finalized.

Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to deepen our already strong relationship with Boeing. Including this order, we own and manage 162 Boeing aircraft. An increasing number of global aviation regulators are returning the MAX to the skies. We are confident in the success of these aircraft as domestic and regional air travel are seeing strong signs of recovery.” 

The new purchase is DAE’s second investment in the 737 MAX in the past year. In the third quarter of 2020, the lessor signed an agreement with American Airlines to purchase and lease back 18 new 737-8 airplanes. Since the agreement, the lessor has delivered 17 of the jets to the U.S. carrier. DAE previously completed a similar purchase-leaseback deal with Brazilian carrier GOL for five 737-8s.

“DAE has been instrumental in helping its customers realize the operating economics and environmental performance of the 737-8. We are delighted that they have come back to add more 737 aircraft to its growth plan as it positions itself for the recovery in commercial passenger traffic,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. “We are honored by DAE’s trust in the 737 family and we look forward to partnering with them to serve the fleet requirements of airlines around the world.”

The 737-8 is a member of the 737 MAX family which is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The airplane can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, using 16% less fuel and significantly reducing CO2 emissions and operating costs.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Dubai Aerospace Enterprise (DAE) Ltd. is a global aviation services company headquartered in Dubai. DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. DAE’s Engineering division serves customers in Europe, Middle East, Africa and South Asia from its state-of-the-art facility accommodating up to 15 wide and narrow body aircraft. It is authorized to work on 13 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.

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

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.

Investment Firm 777 Partners Order 24 Boeing 737 MAX Airplanes

Boeing [NYSE: BA] and private investment firm 777 Partners announced today an agreement to add 24 737-8s to the firm’s diverse aviation portfolio, with purchase rights for an additional 60 airplanes. The Miami-based company will place the single-aisle airplanes with its growing portfolio of low-cost carrier investments around the world.

In addition to aircraft leasing, 777 Partners strategically invests in a host of aviation businesses, from operating carriers to technology-driven solutions. The firm’s travel sector strategy is largely focused on innovative solutions for interlining, passenger connectivity, and creating new commerce channels for its airline investments and customers.      

The 737-8 can fly 3,550 nautical miles, about 600 miles farther than its predecessor. This additional capability allows airlines to offer new and more direct routes for passengers. The 737-8 reduces fuel use and CO2 emissions by 16% compared to the airplanes it replaces, and that superior fuel efficiency means lower operating costs and a smaller environmental footprint. Every airplane features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

777 Partners is a Miami-based private alternative investment firm that invests across a number of high growth attractive verticals. Founded in 2015, 777 Partners initially applied its expertise in underwriting and financing of esoteric assets to diversify across a broad spectrum of financial services businesses, asset originators and financial technology/service providers. In recent years, the firm has broadened its mandate and now invests across six different industries: insurance, consumer and commercial finance, litigation finance, direct lending, media and entertainment, and aviation.

Embraer Phenom 300 is World’s Best Selling Light Jet for Ninth Consecutive Year

Melbourne, Florida, February 24, 2021 – For the ninth consecutive year, the Embraer (NYSE: ERJ) Phenom 300 series has become the world’s best-selling light jet according to numbers released today by the General Aviation Manufacturers Association (GAMA). Embraer delivered 50 Phenom 300 series light jets in 2020, making it the most delivered light jet of the year. This is the ninth consecutive year that the Phenom 300 series has achieved this milestone, having accrued more than 590 deliveries since entering the market in December 2009. In 2020, the Phenom 300 series was also the most delivered jet model out of all twinjets in the market.

Originally launched in 2005, the Phenom 300 series is in operation in more than 30 countries and has accumulated more than one million flight hours. Embraer is continuously investing in the competitiveness of the Phenom 300E with enhancements to its comfort, technology, performance, and operational efficiency resulting in the highest residual value in the market.

In January of 2020, Embraer announced the new and enhanced Phenom 300E, followed by its ANAC, EASA and FAA approval in March, achieving triple-certification. The first delivery of the new and enhanced Phenom 300E occurred in June of 2020.

With its unparalleled technology, exceptional comfort, and stunning performance, the Phenom 300E sets the highest standard of excellence in the light jet category. In terms of performance, the new, enhanced Phenom 300E is even faster, capable of reaching Mach 0.80, becoming the fastest single-pilot jet in production, and able to deliver high-speed cruise of 464 knots, and a five-occupant range of 2,010 nautical miles (3,724 km) with NBAA IFR reserves.

Additional technology enhancements include an avionics upgrade, featuring a runway overrun awareness and alerting system (ROAAS) ― the first technology of its kind to be developed and certified in business aviation ― as well as predictive windshear, Emergency Descent Mode, PERF, TOLD, and FAA Datacom, among others. The Phenom 300E also features 4G connectivity via Gogo AVANCE L5.

The new, comfort-enhancing features on this jet include a quieter cabin, more legroom in the cockpit, and a new premium interior option — the Bossa Nova edition. Named for the Brazilian style of jazz music, and Portuguese for “new trend,” the optional Bossa Nova edition encompasses a package of Embraer’s latest interior developments, with features such as carbon fiber accents and Embraer’s exclusive Ipanema sew style. It is also the first of the Phenom 300 series to feature piano black surfaces.

SAS and CFM Sign Engine Purchase and Services Agreement

SAS has selected CFM International LEAP-1A engines to power its new fleet of 35 A320neo family aircraft ordered in 2018. This agreement also includes eight spare engines. In addition, SAS has signed with CFM a Rate-Per-Flight-Hour (RPFH) support agreement to cover its new fleet of LEAP-1A engines, including spares, as well as 15 additional LEAP-1A-powered A320neo on lease.

This new agreement is part of SAS’ fleet upgrade program that aims to improve efficiency and sustainability performances. SAS has been at the forefront of introducing technologies that reduce the impact of aviation on the environment, as well as choosing efficient engines to power its fleet. 

SAS was a launch customer for CFM’s advanced LEAP-1A engine that it selected in 2011 to power the first batch of 30 A320neo. SAS currently operates 44 A320neo aircraft and 1 A321neo LR powered by the fuel-efficient LEAP engine and plans to introduce two additional A321neo LR.In total SAS orders for purchased and leased aircraft placed in 2011 and 2018 will enable SAS to increase the fleet of A320neo to 80.

CFM International’s advanced LEAP-1A engine continues to set a new industry standard for fuel efficiency and asset utilization, logging more than seven million engine flight hours in commercial operations. The fleet is demonstrating a 15 percent better fuel consumption and CO2 reductions as well as a significant improvement in noise emissions compared to the best CFM56 engines.

Leonardo Celebrates 20th Anniversary of AW139 Helicopter First Flight

Leonardo celebrates today the 20th anniversary of the AW139 helicopter’s maiden flight. The first aircraft took to the skies from the Company’s facility in Cascina Costa di Samarate, Italy on 3 February 2001. The helicopter flew for 45 minutes checking initial airworthiness tests, hovering, lateral and forward flight, handling qualities and subsystems. This soon confirmed the impressive characteristics and the smoothness of the new model and its performance and capabilities were to become a new market benchmark, making it the most important helicopter programme in the last two decades at an international level. 

The AW139 intermediate-twin engine 7 tonne boasts orders of almost 1,200 units from more than 280 customers in over 70 countries on all continents. The aircraft has shown extraordinary levels of reliability and operational capabilities with more than 3 million flight hours recorded since the first delivery took place at the beginning of 2004. Data of use testifies the extreme versatility of the AW139 which satisfies any market need: approximately half the world’s fleet for public utility tasks such as search and rescue and air ambulance, law enforcement, fire-fighting, disaster relief and military duties. The rest account for a leading position in its class in the offshore transport sector, plus VIP, institutional and corporate transport as well as other civil missions. The AW139 fleet has a global presence: around 30% in Europe, almost as much in Asia and Australasia, 15% in the Americas, followed by the Middle East. The international success of the AW139 is so important that to meet market demands the helicopter is produced on different assembly lines both in Italy, in the Vergiate plant, and in the United States in Philadelphia which has delivered around 30% of all units to date. The US Air Force will soon introduce the AW139-based Boeing MH-139 to replace the UH-1N fleet.

The AW139 has grown significantly over the years, adapting to the changing needs of customers. The maximum take-off weight increased from 6.4 to 7 tons. Almost 1,000 mission kits and equipment have been certified. With advanced protection systems against icing, the AW139 can fly in all-weather conditions. This model is also the only one in the world capable of continuing to fly for over 60 minutes without oil in the transmission, twice as much as the 30 minutes set by certification authorities. In 2020 new distinguished features for the avionics suite were introduced including synthetic vision, Enhanced Ground Proximity Warning System with offshore modes, improved 2D maps and wireless data loading, increasing crew situational awareness and reducing workload for operations at night or in marginal weather. Despite the experience and maturity achieved in almost 17 years of operational activity, the AW139 remains a young and modern programme, destined to play a leading role into the future. The AW139 truly embeds all areas of excellence and leadership in its field at Leonardo such as transmissions and dynamics, system integration and customization, best in class performance, mission versatility, latest safety standards and a comprehensive range of increasingly localised customer support and training services and solutions, developed and grown to allow customers worldwide to maximise the capabilities of the type.  

The aircraft of choice in its class against which all existing and newcomers are measured, the AW139 also represents a turning point in the rotary-wing sector through the introductory concept of the Leonardo “helicopter family”. The AW139 is, in fact, the forefather of a helicopter family comprising of the smaller and lighter AW169 and the larger and heavier AW189. Models, the only case in the world, that share the same design philosophy, the same high performance, the same flight characteristics and the same certification standards, as well as the same approach to maintenance and training. A concept that allows operators with large diversified fleets, with models ranging from 4 to 9 tons of weight, to create significant synergies in crew training, flight operations, maintenance and logistics support.

Garmin Honored with Consecutive On-Time Delivery Awards from Airbus Helicopters

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced it has received a 2020 On-Time Delivery Award from Airbus Helicopters, Inc. for its efficient performance related to product delivery. Garmin avionics are available as standard on select Airbus Helicopters, including the H125, H130, H135 and H145.

Each year, Airbus Helicopters, Inc. recognizes suppliers who stand out in performance, competitiveness and reliability. This is the second year in a row Garmin has won the On-Time Delivery Award for commitment and timeliness in delivering avionics to fulfill Airbus Helicopters Inc. production lines and customer orders.

“We are once again very proud to be recognized by Airbus with this prestigious award for our commitment to serve them and our mutual customers with the on-time delivery of our products,” said Carl Wolf, Garmin vice president aviation sales and marketing. “To again receive this award is truly humbling and ultimately would not be possible without the dedication of our entire Garmin team, in addition to the gratifying strategic relationship with Airbus Helicopters.”   

Garmin avionics are available as standard on the Airbus H125, including the G500H TXi flight display, 
GTN 650 touchscreen navigator, GNC 255 nav/comm, GMA 350c audio panel and the GTX 335R remote-mount ADS-B Out transponder. The GTN 750, GNC 255 and GTX 335R are also available as standard on the H130, while the H135/H145 feature the GTN 750 and Flight Stream 510 as standard equipment.

This marks the third consecutive year Garmin has received an award from Airbus Helicopters, Inc. In 2018, Garmin was also recognized by Airbus Helicopters, Inc. as the Supplier of Excellence for its unmatched responsiveness and competitiveness in its support of the UH-72A Lakota helicopter program, and for its overall support at the Airbus Helicopters Inc. final assembly and completion center in Columbus, Miss.

Myanmar Airways International Commences Revenue Flights with Embraer E190

Myanmar Airways International’s (MAI) first E190 commenced operations from Yangon yesterday, operating four flights throughout the day.  In addition, MAI’s second E190 is due to arrive in the country on 23 December 2020 and the airline will expand its E190 routes to include nine destinations across the country, upgauging from the turboprops used by its sister airline Air KBZ.

MAI has also signed on for Embraer’s Pool Program – a program enrolled by all E-Jet operators in Asia Pacific. There are now four new E-Jet operators in Asia Pacific (ex. China) since the start of 2020.

“Our pilots, cabin crew, maintenance crew and our staff are proud to take MAI’s E190 to the skies and to serve our passengers with an enhanced flying experience,” said Saravanan Ramasamy, Chief Executive Officer of MAI. “We look forward to a productive partnership with Embraer. The operation of the E190 marks yet another important milestone in MAI’s fleet expansion strategy and domestic jet network growth. As the demand grows, we plan to scale up the frequency of our E190 operations to eight flights a day.”

“The commencement of Myanmar Airways International’s E190 flights will enhance connectivity in Myanmar,” said Raul Villaron, Asia Pacific Vice President for Embraer Commercial Aviation. “The airline will benefit from the performance and efficiency of the aircraft and generous cargo capacity. Passengers will appreciate the comfort in the cabin. Myanmar Airways International can operate with full confidence that our excellent service and support team are here to support them.”

In preparation for the E190 operations, eight MAI pilots underwent the month-long Initial Pilot Training in September 2020 in Zhuhai, China. Separately, Embraer conducted the license-engineer type course for MAI’s engineers.  Embraer’s Pool Program, which MAI has enrolled in offers full repair coverage for components and parts, airframe maintenance, and unlimited access to a large stock of components at the company’s distribution centers. Operators benefit from significant savings on repair and inventory costs, reduction in required warehousing space and resources required for repair management, while ultimately providing guaranteed performance levels. Singapore is the base for Embraer’s warehouse in the Asia Pacific region.

Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers from all over the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,600 aircraft have been delivered. Today, E-Jets are flying in the fleet of more than 80 customers in some 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline carriers.

Air Saint-Pierre Takes Delivery of a New ATR 42-600

Air Saint-Pierre has taken delivery of its new ATR 42-600 aircraft, following the signature of a Memorandum of Understanding in July 2018. Based on one of the three main islands of Saint Pierre and Miquelon (around 6,300 inhabitants), Air Saint-Pierre is essential to the archipelago’s economy, as it flies both passengers and goods to Miquelon, St. John’s, the Magdalen Islands, Halifax and Montreal. The new aircraft will replace the airline’s existing ATR 42-500 which has been in operation since 2009.

In addition to benefitting from unbeatable environmental performance and economics, the ATR 600’s proven ability to operate effectively in windy conditions is vital for Air Saint-Pierre. The -600 series can take-off and land in cross wind conditions of 45 knots, a unique capability which enables the airline to offer reliable air services to its communities. Air Saint-Pierre’s passengers will also enjoy the modernity and comfort of the Armonia cabin, whilst the airline’s pilots will appreciate the state-of the-art avionics suite, resulting in a smoother flying experience for all.

Benoît Olano, Chief Executive Officer of Air Saint-Pierre, said: “We are looking forward to starting operations with our new ATR aircraft. We have been flying ATR since 1994, starting with an ATR 42 320, and the turboprop’s unique capabilities and continuous improvement have made it the ideal aircraft for our operations over the years. We will continue to provide to the people of Saint-Pierre and Miquelon the connectivity they need, along with greater comfort, whilst limiting our impact on the environment.”

ATR Chief Executive Officer, Stefano Bortoli added: “There is nothing more satisfying than seeing a loyal customer upgrade its fleet. Delivering regional connectivity in the challenging operational conditions of Saint Pierre and Miquelon and its neighbouring islands takes a special aircraft and the ATR 42-600 is the perfect fit. The airline’s operations are vital for the archipelago’s communities and we are truly glad to see our aircraft once again accomplish what they have been designed for: to connect people and places responsibly, no matter how remote.”

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