Tag: spare (Page 1 of 2)

MD Helicopters announce record orders for 2023

January 18, 2024 / WIL BALDWIN

Mesa, Arizona, January, 2024 – MD Helicopters, LLC (MDH) proudly announces record orders for the fiscal year 2023. The company experienced an increase in demand, resulting in the highest number of annual orders since 2008. MD Helicopters credits this accomplishment to its renewed commitment to customer satisfaction, enhancing aftermarket services, and striving for excellence in both the military and commercial sectors. The company’s focus and unwavering dedication to providing top-tier products and services have resonated with customers worldwide and across various markets, resulting in the substantial growth observed in 2023.

Among the key contributing factors to this success are significantly improving customer support, increased investment in direct communications with customers, enhancing manufacturing efficiencies, ensuring in-stock spares availability, and maintaining healthy supplier relationships. This strategic approach has not only strengthened MDH’s market position but has solidified its reputation as a rotorcraft industry leader.

In addition to the Nigerian Federal Government (12 aircraft) announced earlier this year, recent commercial transactions involved MD 530Fs designated for multi-use missions. These additions include VIP aircraft sales, featuring an expansion to the Clemens Aviation fleet, procurement by the United States Department of Agriculture for agricultural missions, and fulfilling various utility needs, such as those of WCF Aerospace, representing Skydance Helicopters that specializes in power and utility services, amongst others. MDH is actively pursuing a well-rounded approach, emphasizing both military and commercial sales and showcasing the positive impacts of the company’s recent changes.

Pratt & Whitney receives contract for TF33 engines powering B-52 and E-3 aircraft

November 16, 2023 / WIL BALDWIN

East Hartford, Connecticut, November, 2023, PRNewswire – Pratt & Whitney, an RTX (NYSE: RTX) business, was awarded a long-term TF33 engine sustainment contract valued up to $870 million by the Defense Logistics Agency. The TF33 engine provides power to a wide range of aircraft, including the Boeing (NYSE: BA) B-52 Stratofortress and E-3 Sentry.

This agreement is a culmination of the Defense Logistics Agency’s decades-long partnership with the 448^thSupply Chain Management Wing, Tinker Air Force Base, Okla., and Pratt & Whitney to establish a holistic sustainment solution. This first-of-its-kind approach will reduce obsolescence, supporting the U.S. Air Force’s wartime readiness today and into the foreseeable future.

Under this contract, Pratt & Whitney will provide comprehensive engine sustainment services for a global fleet of nearly 1,000 engines over a six-year period, with an option of extending for another four years. Services under this contract include maintenance, spare parts, program management, field service, repairs and engineering support.

Sustainment work will run through April 2034 at Tinker Air Force Base, Oklahoma, additional U.S. Air Force locations, and Pratt & Whitney’s Southern Logistics Center located in Atlanta, Georgia.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Eve and DHL Partner to Design a Supply Chain Concept for eVTOL Support

August 9, 2023 / WIL BALDWIN

Melbourne, Florida – August 9, 2023 – Eve Air Mobility (NYSE: EVEX) and DHL Supply Chain, a global leader in warehousing and distribution, announced today the signature of a Memorandum of Understanding (MoU) to conduct a study of key demands and supply chain characteristics for Eve’s electric vertical take-off and landing aircraft (eVTOL) operation. The primary goal of the partnership is to explore and understand best practices for supplying operators and service centers with spare parts and inputs, with an emphasis on batteries and the specific requirements concerning transport, storage and disposal of those devices. Other aspects reviewed will include modes of transportation, frequency, and delivery plan, required logistics partners, potential locations for advanced inventories, physical and technological infrastructure requirements and contingency plans.

The logistics study from Eve and DHL will encompass the distribution of parts and materials required for repairs and maintenance. Another crucial aspect to be considered is battery logistics, which holds significant importance in this business model. In this regard, DHL’s expertise in handling batteries from various industries will be leveraged. The companies will also evaluate supply chain management for general supplies to vertiports, optimizing the business processes.

Continuing to achieve significant milestones in the development of its eVTOL and agnostic solutions for the market ecosystem, Eve holds the largest backlog in the Urban Air Mobility (UAM) industry, with up to 2,850 aircraft. Among its accomplishments are the creation of a distinctive Urban Air Traffic Management (Urban ATM) software and the establishment of a comprehensive network of services and operational solutions. The first eVTOL deliveries and entry into service are expected as early as 2026.

Air France-KLM enters into discussions with Apollo Global Management for financing

July 30, 2023 / WIL BALDWIN

Air France-KLM (OTC: AFLYY) today announces that it has entered into exclusive discussions with Apollo Global Management (NYSE: APO) regarding the potential financing of E1.5bn to a dedicated operating affiliate of Air France-KLM. This entity will hold the trademark and most of the commercial partner contracts related to Air France and KLM’s joint loyalty program “Flying Blue”, and will become the exclusive issuer of miles for the airlines and partners.

This financing would be non-dilutive, structured through a quasi-equity instrument, similarly to those raised by Air France on a pool of spare engines in July 2022 and maintenance activity components in July 2023. Under this agreement, Apollo-managed funds would subscribe to perpetual bonds issued by this dedicated operating affiliate of Air France-KLM.

This financing would be accounted as equity under IFRS, allowing Air France-KLM to make a further step towards its commitment to restore its equity and strengthen its balance sheet, aside from net profit generation and/or straight hybrid bonds.

The contemplated structure related to this financing would incur no change on the operation of the program vis-à-vis the Flying Blue members, no change on social aspects nor Air France, KLM or Air France-KLM employee’s contracts.

Air France-KLM would pursue managing and operating its loyalty program and Air France and KLM would keep full ownership rights of the Flying Blue customer database.

Airbus Receives First A320 Flight Hour Services Maintenance Contract in Europe

October 24, 2021 / WIL BALDWIN

Finnair has selected Airbus’s Flight Hour Services (FHS) to support its entire A320 Family fleet (35 aircraft), thus becoming the first European FHS customer for an A320 fleet.

Following recent contracts in Asia Pacific and the Middle East region, this first FHS agreement from Europe demonstrates the growing trust placed in Airbus’ maintenance by the hour services by airlines around the world, both for widebody and single aisle fleets.

Finnair will benefit from integrated material services including on-site-stock at their main base in Helsinki, access to Airbus’ mutualised spares pools and components engineering and repair services around the world. The FHS contract covers ‘nose to tail’ material services including for engine components.

Airbus will guarantee spare parts availability, generating value through increased fleet availability and operating maintenance costs savings.

The global Airbus fleet covered by FHS has increased by more than 25% over the past two years confirming the relevancy of flexible, power-by-hour solutions for airlines to secure efficient operations and contain costs.

Finnair is a long-standing Airbus customer. The airline is operating Airbus A320 Family aircraft on its network in Europe and Airbus A330 and A350 on long-haul flights.

Stadler Wins Tender to Deliver 59 Trains to Spanish State-Owned Rail Operator RENFE

March 9, 2021 / WIL BALDWIN

The Spanish state-owned rail operator RENFE has awarded Stadler a contract to deliver 59 commuter trains, which also includes the spare parts and maintenance for 15 years. This award is one of the batches in the bidding for the high-capacity trains tendered by the Spanish operator. Stadler proposes to maximize the capacity by using double-deck coaches with a scalable length from 100 to 120 meters and from 160 to 240 meters. The Iberian-gauge trains will operate on 3 kV DC overhead lines reaching a maximum speed of 140 km/h. They will provide the commuter service in the largest Spanish cities.

This is the first time that RENFE will order trains from Stadler. The new trains shall be developed and produced in Stadler’s plant in Valencia. The contract envisages an option for 44 additional units as well as their maintenance.

Iñigo Parra, CEO Stadler Valencia, said: “We’re excited about the decision from RENFE and their trust in Stadler. We were chosen to provide trains in our factory in Spain for the Spanish commuter service – this makes us proud.”

Stadler Cal Train rendering of the double decker coaches

U.S. Marine Corps Awards BAE Systems $184 Million for Additional ACV’s

February 14, 2021 / WIL BALDWIN

BAE Systems (OTC: BAESY) has received a $184 million contract option from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under full-rate production. The order demonstrates the Marine Corps’ confidence in a program that is on track to deliver this critical capability to the Marines. This contract award will cover production, fielding, and support costs for the ACV personnel carrier (ACV-P) variant. BAE Systems was awarded the first full-rate production contract option in December for the first 36 vehicles. This option on that contract increases the total number of vehicles under full-rate production to 72, for a total value of $366 million.

The ACV is a highly mobile, survivable, and adaptable platform for conducting rapid ship-to-shore operations and brings enhanced combat power to the battlefield. BAE Systems is under contract to deliver two variants to the Marine Corps under the ACV Family of Vehicles program: the ACV-P and the ACV command variant (ACV-C). A 30mm cannon (ACV-30) is currently under contract for design and development and a recovery variant (ACV-R) is also planned.

The Marine Corps selected BAE Systems along with teammate Iveco Defence Vehicles for the ACV program in 2018 to replace its legacy fleet of Assault Amphibious Vehicles (AAV), also built by BAE Systems. BAE Systems was also recently awarded an indefinite delivery indefinite quantity (IDIQ) contract worth up to $77 million for the ACV program that includes the provision of spare and replacement parts, testing equipment, and other services.

ACV production and support is taking place at BAE Systems locations in Stafford, Virginia; San Jose, California; Sterling Heights, Michigan; Aiken, South Carolina; and York, Pennsylvania.

The Republic of Mali Orders an Additional Airbus C295

December 2, 2020 / WIL BALDWIN

The Ministry of Defence of the Republic of Mali has placed a firm order for an additional Airbus C295 airlifter in the transport configuration. This second aircraft, to be delivered in 2021, will supplement the first C295 already in operation since December 2016 which has already accumulated 1,770 flight hours and transported more than 38,000 passengers and 900 tonnes of cargo in less than four years of operations.

This new order also includes an integrated logistics support package with spare parts for the two aircraft and training for flight crews and mechanics.

This acquisition is in response to the urgent need of the authorities of the Republic of Mali to have permanent air transport capacity within a very short timeframe, providing a vital link supporting operations and actions for the development of isolated areas in the northern regions of the country. Bernhard Brenner, Head of Marketing and Sales at Airbus Defence and Space, said: “This repeat order demonstrates the excellent capabilities and performance of our aircraft. The C295 is becoming the 21^stcentury standard tactical airlifter in Africa with 37 aircraft ordered in the region, from Algeria, Egypt and Ghana to Ivory Coast, Burkina Faso and Mali.”

Finnair Boosts Reliability of Regional Fleet with ATR Global Maintenance Agreement

May 27, 2020 / WIL BALDWIN

ATR and one of its long-standing customers, the Finnish airline Finnair, signed a 10-year Global Maintenance Agreement (GMA). Through this package, Finnair and Nordic Regional Airlines (NoRRA) – who operates Finnair’s regional ATR traffic – will benefit from a customised support from ATR, which will help the airline better anticipate maintenance costs while enhancing the dispatch reliability of its fleet of 12 ATR 72-500.

This pay-by-the-hour contract covers the repair, overhaul and pooling services of Line Replaceable Units, along with their door-to-door delivery and an on-site leased stock of spare parts. Finnair will also benefit from blades maintenance and availability, and maintenance recommendations based on ATR’s expertise to enhance aircraft reliability.

Juha Ojala, Vice President Technical Operations of Finnair, declared: “Our ATR flights form a key part of our feeder traffic to our Helsinki hub, and as a large share of our customers are transfer customers, they have strong expectations in terms of punctuality and reliability. This Global Maintenance Agreement is one step further in our relationship with ATR and ensures we benefit from the most suitable services, so that we can in turn provide our customers with a reliable and punctual travel experience.”

Stefano Bortoli, Chief Executive Officer of ATR, added: “Finnair is new to our GMA programme but they have been part of the ATR family from the very beginning, as they took delivery of their first ATR aircraft, MSN 006, in 1986. During the challenging times we are currently living, the confidence from a valued customer is the best tribute they can offer to the quality and economics of our products and services. We are looking forward to sharing our knowledge and expertise with Finnair, so that they can in turn keep on operating regional traffic in a responsible and efficient fashion.”

Bangladesh Orders Leonardo High-Tech Air Surveillance Radar

November 2, 2019 / WIL BALDWIN

Leonardo’s KRONOS family of radar products are multi-functional, multi-mission solutions
The KRONOS LAND radar is highly mobile and quick to deploy: it can be brought into operation in the field in just 15 minutes

The Bangladesh Air Force (BAF) has ordered Leonardo’s KRONOS LAND radar to provide air surveillance, allowing operators to detect and track targets in tactical environments. Leonardo has announced the contract at BIDEC (Bahrain International Defence Exhibition and Conference) tri-service exhibition, which is taking place at Manama (Baharain) from 28 to 30 October.

Leonardo will also supply communications equipment, twelve months of technical support services, spare parts and a comprehensive training programme for Bangladeshi Air Force personnel with modules in Italy and Bangladesh. As a complete package, this contract will enable the BAF to develop a long-term maintenance capability and preserve the functionality of the system.

Completely designed and developed by Leonardo, the KRONOS LAND is a multi-functional, multi-mission 3D radar for air surveillance and defence, based on latest-generation Full Active-Electronically-Scanned-Array (AESA, also known as E-scan) technology. Leonardo has sold more than 40 KRONOS family systems worldwide.

The contract to supply KRONOS LAND to the Bangladesh Air Force bolsters Leonardo’s presence in Bangladesh. It follows the earlier provision of the RAT31 surveillance system to the BAF for early warning and air defence.

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