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Embraer Delivers 71 Jets in 4Q20 and 130 Total in 2020

Embraer (NYSE: ERJ) delivered 71 jets in the fourth quarter of 2020, of which 28 were commercial aircraft and 43 were executive jets (23 light and 20 large), which represents a decrease of 10 aircraft in the quarter in comparison with 4Q19.The Company delivered a total of 130 jets in 2020, comprised of 44 commercial aircraft and 86 executive jets (56 light and 30 large), which represents a decrease of almost 35% compared to 2019, when 198 jets were delivered.

Although deliveries accelerated during the fourth quarter of 2020 relative to the three previous quarters, they were heavily impacted, mostly in commercial aviation, due to COVID-19 pandemic. As of December 31, the firm order backlog totaled USD 14.4 billion.

During 4Q20, Embraer Executive Jets delivered the first of the Praetor 600 fleet to Flexjet, the Praetor fleet launch customer. The business unit also announced a collaboration with Porsche to create Duet, a limited-edition Embraer Phenom 300E aircraft and Porsche 911 TurboS car pairing.

In commercial aviation, the Belarusian national air carrier Belavia took delivery of its first E195-E2 jet. Congo Airways placed a firm order for two E195-E2 jets, in addition to their existing two aircraft order for the smaller E190-E2. This new firm order was included in Embraer’s 2020 fourth quarter backlog.

Embraer Defense & Security delivered the fourth C-390 Millennium multi-mission medium airlifter to the Brazilian Air Force (FAB) in the fourth quarter. All 28 units of the aircraft ordered by FAB are equipped to perform aerial refueling missions, with the designation KC-390 Millennium. Embraer also delivered the first two modernized EMB 145 AEW&C (Airborne Early Warning and Control) aircraft, designated E-99, to FAB. Three additional E-99 aircraft will be modernized as part of the contract.

Embraer announced the completion and delivery of the first European conversion of a Legacy 450 to a Praetor 500 for an undisclosed customer. The conversion was performed at the Embraer Executive Jets Service Center at Le Bourget International Airport, in Paris, France.

Taiwan’s China Airlines Signs MOU for 11 Airbus A321neo Jet’s

Le Bourget, France, June 19 (Reuters) – Airbus unveiled an aircraft deal with Taiwan’s China Airlines on Wednesday, snatching the carrier’s medium-haul fleet renewal from Boeing a day after its U.S. rival made a shock entry into the single-aisle fleet of British Airways owner IAG.

The European planemaker said China Airlines had signed a preliminary deal to buy 11 A321neo aircraft, worth about $1.4 billion at list prices, while leasing another 14.

Although much smaller than the IAG letter of intent for 200 Boeing 737 MAX announced on Tuesday, the China Airlines deal signals intensified competition in Asia where Boeing this week predicted 40 percent of jets would be delivered over the next 20 years.

Airlines can rarely be persuaded to jump ship to rival suppliers because of the costs of training and parts, but this week’s Paris Airshow has witnessed two such announcements as sold-out planemakers mount incursions to continue their growth.

In a further competitive twist, Boeing announced on Monday it would take over the supply of spare parts for the remaining Airbus A320 fleet at British Airways.

China Airlines announced the leasing part of the deal in May and Reuters reported it would pave the way for the Taiwan carrier to switch its medium-haul fleet to the Airbus A320neo.

The rare deal to replace older 737s took years to complete and was drafted before the 737 MAX was engulfed by a crisis involving two crashes and a worldwide grounding, sources said.

(Reporting by Tim Hepher, Editing by Mark Potter)

Wizz Air Looks to Connect the Dots with Long-Range A321’s

LE BOURGET, France, June 19 (Reuters) – Wizz Air will use 20 new extended-range, narrow body Airbus jets primarily to connect existing destinations in its disparate network rather than to fly to new places, the budget airline’s Chief Executive Jozsef Varadi said on Wednesday.

Indigo Partners, the private equity firm of veteran low-cost airline investor Bill Franke, agreed on Wednesday to acquire 50 of the new long-range version of Airbus’ A321neo jet, 20 of which will go to Wizz.

Wizz, which operates a fleet of 113 Airbus A320 and Airbus A321, would not need to change its operating model to accommodate the new A321XLR jets, Varadi said, as it would be able to fly essentially the same planes a little longer.

“Our network spans from the Canary Islands to Astana in Kazakhstan, from Reyjavik in Iceland to Dubai,” Varadi told Reuters after the announcement at the Paris Airshow.

“The XLR gives use the opportunity to connect more dots in our existing network. This is what we’re looking at.”

Airbus opened the Paris Airshow with the launch of the A321XLR, but the announcement was overshadowed on Tuesday when Boeing said British Airways-owner IAG intended to order 200 of its grounded 737 MAX jets.

Hungary-based Wizz, which is focussed on central and eastern Europe, said it had used existing option positions to secure the deal for the A321XLRs, bringing the airline’s total of outstanding firm orders for Airbus aircraft to 276 jets.

Varadi said that in the longer term, it was possible the jet would help open routes to new destinations, but it was not a priority.

“We have always been excited about planting new flags in new territories,” Varadi said. “But the vast majority of the XLR capacity will come in existing markets.”

(Reporting by Alistair Smout; Editing by Mark Potter)

NAC Signs for up to 100+ ATR Aircraft

World’s number one regional aircraft lessor and world’s number one regional aviation manufacturer sign landmark deal worth over US$ 2 billion

Strategic move from NAC to shape the future with the most eco-responsible and efficient regional aircraft

Paris-Le Bourget, 18 June, 2019 – Regional aircraft leasing specialist NAC and ATR, the world’s number one regional aircraft manufacturer, have today signed a Letter of Intent for 35 firm ATR -600s, with options for a further 35 and purchase rights for another 35. The deal represents a seal of long-term confidence from the number one regional aircraft lessor whose desire to focus on the most efficient and sustainable technology has led them to invest in the ATR 72-600. NAC’s recognition of the quality of the ATR programme also highlights the enduring retained asset value of the -600 series and its value proposition in the market.

Deliveries of the initial 35 aircraft will begin in 2020 and run up to 2025; the delivery schedule is optimised to ensure that market demand is best satisfied over the five-year period. This new deal cements a very successful and longstanding collaboration between NAC and ATR. Since 2010, over 100 speculative ATR aircraft orders were turned into deliveries to NAC.

NAC Chairman Martin Moller said: “To plan for a successful future, it is vital for us to invest in the very best technology, so that we can offer flexible and efficient solutions to our clients. The ATR72-600, with a significant fuel burn advantage drives lower costs and emissions making it the optimal choice for many of our clients. Aviation is moving towards a sustainable future and with this 100+ aircraft deal, we are making a strategic decision to ensure that airlines can lease and operate the most modern and eco-responsible regional aircraft available in the market.”

Stefano Bortoli, Chief Executive Officer of ATR commented: “We congratulate NAC on their forward-looking vision. It is a smart business move from NAC and one very much in line with the trends in regional aviation to connect communities and develop businesses across the globe in the most responsible and cost efficient way. To receive this order from the leading lessor in our segment, validates the value creation and quality of our product and its sustainable credentials and shows the efficiency of turboprop technology going forward. This deal clearly shows where the trend in regional aircraft is going.”

About Nordic Aviation Capital:

NAC is the industry’s leading regional aircraft lessor serving over 76 airline customers in 51 countries. The company provides aircraft to well-established carriers such as British Airways, Air Canada, LOT, Azul, Lufthansa, Garuda, Flybe, Aeroméxico and airBaltic as well as major regional carriers including Air Nostrum and Widerøe. NAC’s current fleet of almost 500 aircraft includes ATR 42, ATR 72, Bombardier Dash 8, CRJ900, CRJ1000, A220, E170, E175, E190 and E195.

About ATR:

ATR is the world number one regional aircraft manufacturer with its ATR 42 and 72 aircraft the best-selling aircraft in the less than 90-seat market segment. In 2018 the company had a turnover of US$1.8 billion. The unifying vision of the company’s 1,400 employees is to help everyone, no matter where they are in the world, to connect and develop in a responsible manner. Thanks to the efficiency of turboprop technology and the benefits of the company’s focus on continuous innovation, ATRs open more than 100 new routes every year, burn 40% less fuel and emit 40% less CO2 than regional jets. For all of these reasons, ATRs have been chosen by some 200 companies in 100 countries around the world. ATR is a joint-venture between Airbus and Leonardo.

For more information, please visit http://www.atr-aircraft.com and www.atr-intolife.com.

Oman Air Plans Airbus Talks Unless Boeing Provides 737 Max Support Plan

DUBAI (Reuters) – Oman Air CEO Abdulaziz Al Raisi plans to hold talks with Airbus if Boeing does not provide a support and recovery plan for its grounded 737 MAX planes before June 17, a statement by the Omani company said on Friday.

“The grounding of the 737 MAXs has had a major financial impact on Oman Air,” the statement cited Raisi as saying.

“The airline’s expansion plans for 2019 had been significantly curtailed” and Oman Air “also suffered revenue losses and market share declines,” he added.

The Oman Air CEO said Boeing ”promised a recovery and support plan for Oman Air that would be submitted to the airline before the upcoming Paris Airshow starting on 17th June 2019.”

“If I don’t hear back from Boeing before I arrive at Le Bourget Airport, then I will have to go ahead with my planned business lunch with Airbus at the airshow,” the Oman Air statement cited Raisi as saying.

(Reporting by Alex Cornwell; writing by Maher Chmaytelli. Editing by Jane Merriman)

Embraer KC-390 Going To The Paris Air Show

São Paulo, Brazil, June 11, 2019 – Embraer will take to the 53rd edition of Paris Air Show International, in France, the first KC-390 multi-mission airlift configured to operate with the Brazilian Air Force (FAB). The aircraft, number 004, will be in the static area from June 17 to 23 at the Le Bourget airport. Also the KC-390 will perform flight demonstrations on the first two days of the show. In agreement with the FAB, the airplane will return to Brazil right after the air show when it begins the acceptance and delivery process.

“The assembly of the first aircraft to be delivered to the FAB marks a major change in Embraer’s dynamics in this market,” said Jackson Schneider, President and CEO of Embraer Defense & Security. “The KC-390 is a multi-mission aircraft that has attracted great interest internationally and the Paris Air Show is the perfect occasion to showcase the aircraft in the configuration that will be operated by the FAB, proving its superior flexibility, performance and productivity.”

“The expectation for its entry into service is huge, considering the aircraft is a milestone in military aviation, where its innovativeness will bring improvements in the execution of multiple missions, contributing greatly to the fulfillment of FAB’s mission to control, defend and integrate our nation”, concluded Lieutenant-Brigadier Antonio Carlos Moretti Bermudez, Brazilian Air Force Commander.

The KC-390 program has already reached important milestones, such as Brazil’s Civil Aviation Agency’s (ANAC) Type Certificate and the production of the first series aircraft that performed its first flight in October 2018. To date, the flight test campaign has surpassed 2,200 flight hours.

Embraer’s KC-390 is a tactical transport aircraft, designed to set new standards in its class while delivering the lowest life-cycle cost on the market. It can carry out various missions, such as transport and launching of loads and troops, in-flight refueling, search and rescue and firefighting.

Follow us on Twitter: @Embraer

About Embraer

A global aerospace company headquartered in Brazil, Embraer celebrates its 50th anniversary with businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

Textron to Showcase Diverse Product Lineup at Paris Air Show

PROVIDENCE, R.I.–(BUSINESS WIRE)– Bell, Textron Aviation Inc., Textron Aviation Defense LLC, Textron Systems, TRU Simulation + Training and Textron Airborne Solutions, all businesses of Textron Inc. (NYSE: TXT), have announced their plans for the Paris Air Show—the largest aerospace event in the world—which will be held June 17-23 at the Exhibition Center of Le Bourget. Textron will be displaying in Textron Pavilion A2.

“Our exhibit demonstrates a deep and diverse lineup of commercial and military aircraft, unmanned systems and simulation and training solutions,” says Textron’s Chairman and CEO Scott Donnelly. “We’re excited to show Paris Air Show attendees how focused we’ve been on delivering new levels of innovation and performance.”

Bell

Since the company’s beginning in 1935, Bell has set the pace for the helicopter industry, expanding the scope of vertical lift. Bell was the first to obtain commercial certification for a helicopter nearly 60 years ago – and since then, has delivered thousands of innovative aircraft to customers around the world. When it comes to developing the world’s first air taxi or producing life-saving commercial and military aircraft, Bell has the innovative minds and the relentless drive to revolutionize search and rescue operations, business travel and vertical takeoff and lift. And we are just getting started.

Discover these next-generation aircraft on static display during Paris Air Show this year:

The Bell 505 Jet Ranger X light single engine helicopter is the ideal military trainer aircraft and offers incredible value unlike any other helicopter in its class. With more than 150 delivered around the world, it is designed to be easier and safer to fly thanks to its superior standard equipment and state-of-the-art Garmin 1000H TM glass cockpit.

With over 330,000 hours on the global fleet, the Bell 429 is designed with the future in mind, enhancing occupant safety, with the adaptability to remain at the forefront as mission requirements evolve. The Bell 429 has been chosen by police forces, air medical teams and militaries around the world for time-sensitive missions.

The Bell 525 Relentless full-scale mock-up outfitted with Mecaer Aviation’s luxurious MAGnificent interior will be on static display this year. The aircraft offers customers a general leap forward, bringing new technological advances designed to benefit operators and increase safety standards of the industry. The 525 is expected to be the first commercial aircraft certified with Fly-By-Wire technology which greatly increases safety through reduced pilot workload and enhanced situational awareness.

Textron Aviation

Textron Aviation and Textron Aviation Defense—a subsidiary of Textron Aviation Inc.—will be showcasing their defense and special mission capabilities at the Paris Air Show, featuring static displays of the highly advanced Beechcraft AT-6 Wolverine, a flight inspection-configured Cessna Citation Latitude, an ISR-configured Beechcraft King Air 350i and a Cessna Grand Caravan EX equipped with an array of radars and sensors.

The Beechcraft AT-6 Wolverine is the world’s most cost-effective turboprop approach to light attack and armed reconnaissance, equipping the warfighter with the greatest level of mission configurability, the most advanced ISR technology, an optimized battlespace networking capability and the unwavering mission support of a global service network. The AT-6 Wolverine meets the full spectrum of U.S. Air Force Light Attack Aircraft (LAA) Integrated Weapon System (IWS) requirements.

Textron Aviation has engineered and designed innovative interior and avionics options that optimize the Latitude for installations of Flight Inspection systems and has enabled a more cost-effective and rapid installation for its customers. The Latitude’s flight inspection systems have been outfitted with the latest technology in en-route and terminal navigation aids while the aircraft features an extended range of border-to-border flight calibration, the payload capacity for extensive onboard test equipment and a dual flight inspection and executive transportation configuration.

The Beechcraft King Air 350i surpasses its predecessor’s high-caliber performance with more payload capability and range and delivers a quieter interior with standard Wi-Fi and Pro Line Fusion™ avionics with full touch-screen simplicity. The King Air is the world’s most popular business turboprop aircraft—a title sustained over five decades of continuous enhancement.

The freedom to configure the Cessna Grand Caravan EX to meet changing demands empowers operators to meet diverse surveillance mission requirements. External mounting provisions enable use of advanced electro optical/infrared (EO/IR) systems that transmit imaging to cabin mission computers and available cockpit repeaters. Intelligence is shared in real time via tactical radio and satellite downlink.

Beechcraft King Air 350i