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Textron Aviation receives order for five Beechcraft King Air turboprops in support of Kingdom of Saudi Arabia

Wichita, Kansas (July, 11, 2023) – Textron Aviation (NYSE: TXT) today announced it has been awarded a contract by AvMet International LLC (AvMet), based in Fargo, North Dakota, for one Beechcraft King Air 360CHW (cargo door, heavy weight) and four Beechcraft King Air 260 aircraft. The Beechcraft King Air fleet will support the Kingdom of Saudi Arabia’s National Center for Meteorology program for cloud seeding.

AvMet and its partners Weather Modification International (WMI) and Fargo Jet Center (FJC) will work collaboratively to equip the four King Air 260 aircraft with a Cloud Water Inertial Probe (CWIP), Data Logger with aircraft tracking, and cloud seeding equipment. The King Air 360CHW will be rigged with Cloud Seeding equipment, a research laboratory and an instrument package for studying cloud physics and aerosols.

The aircraft will be modified at WMI’s headquarters in Fargo with sister company Fargo Jet Center LLC (FJC).  FJC’s Part 145 Repair Station, which is an authorized service facility for the family of Beechcraft King Air aircraft, teamed with WMI to certify the Federal Aviation Administration approved Supplemental Type Certificate modifications for cloud seeding and atmospheric research equipment. Together, Textron Aviation, WMI and FJC will provide the Kingdom of Saudi Arabia’s National Center for Meteorology with the newest technologies in cloud seeding and atmospheric sciences instrumentation.

Endless Special Mission Possibilities

When government, military and commercial customers want airborne solutions for critical missions, they turn to Textron Aviation. The company’s aviation solutions provide the high performance and flight characteristics required to address the unique challenges of special mission operations. With unparalleled quality, versatility and low operating costs, Textron Aviation products are preferred for air ambulance, ISR, utility transport, aerial survey, flight inspection, training and a number of other special operations.

Airbus Sees Airlines Seeking to Defer or Cancel Orders

PARIS (Reuters) – Airbus <EADSY> said in a stock market filing on Monday that customers could seek to cancel or postpone delivery of airliners and helicopters as the coronavirus crisis continues to escalate.

It issued the warning in an annual reference document ahead of its upcoming Amsterdam shareholder meeting, for which it urged participants to vote by proxy rather than attend in person due to widespread measures to slow the spread of the disease.

Airbus Chief Executive Guillaume Faury said earlier that several airlines had asked to defer deliveries, but that most were continuing to pay their deposits.

“Weaker market and economic conditions in China and their knock-on effects in other markets could result in requests by customers to postpone delivery or cancel existing orders for aircraft (including helicopters),” the filing said, though Faury said earlier there were some signs of recovery in China.

Airbus also detailed steps to improve compliance practices after paying a 3.6-billion-euro fine last month to settle a four-year multinational bribery probe.

But it warned that possible further investigations in other jurisdictions could trigger claims against it by shareholders, impact its ability to raise finance or limit its eligibility for public contracts, as well as harm future commercial sales.

Malaysian authorities last week cleared AirAsia Group <5099.KL> after Britain’s Serious Fraud Office faulted a sponsorship deal between former Airbus parent EADS and a motor racing team owned by the airline’s co-founders.

But the SFO probe, supported by Airbus’s own lawyers, caused a severe rift between AirAsia and its sole supplier, adding to doubts over whether long-haul unit AirAsiaX will take delivery of A330neo jets on order, three people close to the matter said.

AirAsia officials could not be reached for comment. Airbus declined comment.

Loss-making AirAsiaX has said only that it wants to defer delivery of A330neo jets due to the coronavirus crisis.

Deliveries of the wide-body aircraft have also been hit by the impact of U.S. tariffs on Airbus aircraft under a long-running trade dispute, as well as concerns about overcapacity.

Airbus trimmed A330 output in January from about four a month in 2019, Reuters reported earlier this month.

In Monday’s filing, Airbus said it would maintain production of the A330neo at 3.5 aircraft a month.

(Reporting by Tim Hepher; Editing by Mark Potter, William Maclean)

Air-to-Air Refueling Broadens C295 Tactical Airlifter’s Operational Versatility

The new capability for Airbus’ C295 to serve as an aerial tanker brings additional flexibility for this tactical airlifter, further increasing its already-proven versatility and opening additional mission opportunities.

Airbus Defence and Space developed a removable air-to-air refuelling (AAR) kit for the twin-engine aircraft that utilises a 100-ft.-long deployable hose with a “basket” at the end – enabling the transfer of fuel to receiver aircraft equipped with a probe. A remote vision system allows crewmembers aboard the C295 tanker to monitor refuelling operations from the cargo cabin.

Recent flights to test the kit involved an Airbus-owned C295 that refuelled a C295 from the Spanish Air Force, as well as proximity tests with the C295 and a fast fighter aircraft – a Spanish Air Force F-18.

“Customers are increasingly interested in purchasing not just an aircraft, but a versatile platform that can be used for different missions,” explained Martín Espinosa, the Airbus Defence and Space engineering technical manager responsible for the C295’s aerial refuelling test campaign. “The development of the air-to-air refuelling capabilities of the C295 forms part of this strategic vision.”

The C295’s aerial refuelling capability would be a highly valuable mission-extender for customers using C295s. These customers include the armed forces of current and future C295 operators responsible for civil and military search and rescue missions.

Additionally, it could serve as a cost-effective platform to train fighter pilots in the skills needed for air-to-air refuelling. “The C295 tanker kit could facilitate training of fighter pilots for missions involving refuelling, or even for AAR services on a lease-by-the-hour basis at a fraction of the cost of heavier aircraft,” explained Luis Díaz-Miguel, the Tactical Airlifters Marketing Manager.

Captain Gabiña, a Spanish Air Force pilot involved in the aerial refuelling tests, gave high marks to the C295 in its new role as tanker. “The degree of difficulty in flight test is always high since it involves performing manoeuvers that no one has done before. It should be noted that due to the positive behaviour of the aircraft, the operation has been good and straightforward,” he said.

Fiat Chrysler Reaches Tentative Labor Deal with United Auto Workers

DETROIT (Reuters) – Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France’s Groupe PSA.

Italian-American Fiat Chrysler and PSA, the maker of Peugeot and Citroen, last month announced a planned $50 billion merger to create the world’s fourth-largest automaker.

The tentative agreement with Fiat Chrysler, which is subject to ratification by the union members, follows contracts that the UAW already concluded with Ford Motor Co and General Motors Co.

The deal with GM followed a 40-day strike in the United States that virtually shuttered GM’s North American operations and cost the automaker $3 billion.

The UAW on Saturday said the contract with Fiat Chrysler included a commitment from FCA to invest $9 billion, creating 7,900 new jobs over the course of the four-year contract. Of the $9 billion, $4.5 billion was announced earlier this year, to be invested in five plants and creating 6,500 jobs.

Detailed terms of the tentative agreement were not released, but they are expected to echo those under the new contracts with GM and Ford, as the UAW typically uses the first deal as a pattern for the others.

“FCA has been a great American success story thanks to the hard work of our members,” UAW acting President Rory Gamble said in a statement. “We have achieved substantial gains and job security provisions for the fastest growing auto company in the United States.”

Ratification is not a sure thing. Rank-and-file UAW members at FCA in 2015 rejected the first version of a contract. In addition, a lawsuit related to a federal corruption probe could also raise doubts among union members about the terms agreed.

The federal corruption led GM to file a racketeering lawsuit against FCA, alleging that its rival bribed union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars. FCA has brushed off the lawsuit as groundless.

Under the UAW’s deal with GM, the automaker agreed to invest $9 billion in the United States, including $7.7 billion directly in its plants, and to create or retain 9,000 UAW jobs.

Ford’s contract included commitments to invest more than $6 billion in its U.S. plants and to create or retain more than 8,500 UAW jobs.

The deals with GM and Ford also created a pathway to full-time employment for temporary workers and left healthcare insurance coverage unchanged.

Both automakers also agreed to signing bonuses, with $9,000 for full-time Ford workers and $11,000 for workers at GM.

(Reporting by Nick Carey; Editing by Leslie Adler)

FILE PHOTO: FCA’s Manley and Elkann speaks at the North American International Auto Show in Detroit, Michigan

Ford’s UAW Members Vote to Ratify New Four-Year Contract

FILE PHOTO: Frankfurt hosts the international Motor Show (IAA)

DETROIT (Reuters) – The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co <F> have voted in favor of a new four-year labor contract with the No. 2 U.S. automaker.

The UAW will now focus on Fiat Chrysler Automobiles (FCA) <FCAU>, the sole remaining Detroit automaker without a new labor contract. Talks with FCA are expected to begin on Monday, a UAW spokesman said.

The union said 56.3% of Ford’s hourly workers voted to approve the deal, which allowed the company to avoid a strike like the one that cost its larger rival General Motors Co <GM> about $3 billion (£2.3 billion).

UAW leaders said earlier this month that Ford under the deal agreed to invest more than $6 billion in its U.S. plants, and to create or retain more than 8,500 UAW jobs.

The deal also includes pay raises and lump-sum payments over the life of the contract, a pathway to full-time employment for temporary employees and unchanged healthcare coverage.

Workers at GM approved a deal in late October that ended a contentious 40-day U.S. strike, the longest automotive labor stoppage since 1970.

Detailed terms of the Ford deal – released just a week after GM workers approved their new contract – echoed those agreed to with GM, as the union typically uses the first deal as a template for those that follow.

UAW leaders managed contract negotiations with Ford and GM, including the lengthy strike, while struggling with an ongoing federal corruption probe.

To date, 10 people have pleaded guilty in connection with the criminal investigation into illegal payoffs. Just last week former UAW vice president and former GM board member Joseph Ashton was charged with conspiracy to commit money laundering and wire fraud.

Earlier this month the UAW said that its president, Gary Jones, who had been linked to the ongoing corruption probe, was taking a leave of absence.

Rory Gamble, the union’s acting head, said last week he will examine every department of the union in response to the spreading federal corruption probe to prevent future misuse of members’ dues.

(Reporting by Nick Carey and Ben Klayman in DetroitEditing by Matthew Lewis and Cynthia Osterman)

Airbus Pulls Anniversary Book Over Fraud Probe Concerns

PARIS (Reuters) – Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer’s attempts to win a settlement in a bribery probe, two people familiar with the matter said.

The move is the latest sign of tension in Airbus as it nears the climax of a roughly $400 million, four-year internal probe carried out in support of an Anglo-French investigation into the use of intermediaries to win jetliner and other deals.

Airbus has already fired more than 100 people over ethics and compliance issues as its probe has progressed.

The book, “Airbus: The First 50 Years”, written by former New York Times journalist Nicola Clark, charts the rise of Airbus against challenging odds to become a European rival to Boeing and has a chapter focusing on the probe.

Sources said Airbus hoped to present its findings to the UK Serious Fraud Office and France’s PNF police by the end of the year. By doing so, they said it would seek more leniency under a system of prosecution agreements that allows for heavy fines rather than charges that might bar it from public contracts.

The two people said Airbus halted the book’s sales because it was concerned its official links to the publication could hamper talks with the authorities or discussions over other litigation as it seeks a fresh start under new management.

Airbus confirmed it had decided not to go ahead with the commissioned book, but denied any link to the bribery probe. It declined comment on the progress of the investigation itself.

“We continue to co-operate in full with the ongoing investigation,” an Airbus spokesman said. “The investigation and the book are two separate topics”.

Clark told Reuters she was “deeply disappointed with the very belated decision by Airbus to withdraw (the book)”.

UK-based publisher Urbane Publications declined to comment.

The book stems from an unusual initiative launched in 2016 under which Airbus granted Clark unprecedented access and full independence to give an unvarnished account of 50 years of industrial co-operation just as Europe’s political unity wavers.

It was published on Amazon’s Kindle service on May 29, half a century after Airbus was launched at a meeting of Franco-German founders including Roger Beteille, who died last month.

The book was quickly withdrawn from online sale and plans to distribute already-printed copies at the Paris Airshow in June were scrapped at the last minute, casting confusion over the company’s 50th anniversary celebrations.

But copies have been circulating and a review was published by Leeham News, a website covering the aviation industry.

Airbus said the version seen by the public was a draft. “The draft wasn’t consistent with our ambition for celebrating 50 years of pioneering progress,” the Airbus spokesman said.

Clark said Airbus had not described the book as a draft before notifying her of the decision to withdraw it.

(Reporting by Tim Hepher; Editing by Edmund Blair)

FILE PHOTO: An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Airport near Paris