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Saab Receives Norwegian Order for Carl-Gustaf M4

The Norwegian Armed Forces has signed a framework agreement with Saab for the Carl-Gustaf M4. Saab has received an initial order for Carl-Gustaf M4 weapons with deliveries in 2021.

The recently signed framework agreement allows the Norwegian customer to place orders for Carl-Gustaf M4, associated equipment and training systems during a 7-year period.  

The Norwegian Armed Forces has been a user of the Carl-Gustaf M2 system since early 1970’s. Today the M2 and the M3 versions are used within the Norwegian Armed Forces. 

 “We welcome the latest user to the Carl-Gustaf M4. It’s a great success to continue to support the Norwegian Armed Forces, this time with our future ready Carl-Gustaf M4”, says Görgen Johansson, head of Saab’s business area Dynamics.

Carl-Gustaf M4 is the latest version of the portable, shoulder-launched, multi-role weapon system. It gives users a wide range of engagement options and allows troops to remain agile and effective in any scenario. It builds on the system’s formidable capabilities, offering a higher degree of accuracy, lighter construction and compatibility with future innovations. The M4 is also compatible with intelligent sighting systems and future technology developments, such as programmable ammunition. Since the launch in 2014, Saab has signed contracts with fourteen different nations for Carl-Gustaf M4.

JetBlue Founder David Neeleman Selects Salt Lake City as Headquarters for New Airline

JetBlue Founder David Neeleman Selects Salt Lake City as Headquarters for New Airline

America’s newest and perhaps most innovative airline does not yet have a name, or any airplanes. But it now has a headquarters.

David Neeleman’s startup will be based in Salt Lake City, where it plans to spend a capital investment of $3.2 million and create nearly 400 jobs over the next five years, according to local authorities. In return, the state offered tax rebates worth as much as about $1.1 million over five years.

“There’s a super strong technology base, and lower cost of living than California and some of the coastal areas,” Lukas Johnson, the airline’s chief commericial said in an interview. “We want to focus more on the technology aspect of the transportation side, and it makes a lot of sense. The tech sector is booming out here.”

Click the link for the full story! https://finance.yahoo.com/news/jetblue-founder-david-neeleman-selects-195511487.html

Southwest Will Speed Up Inspections of 38 Used 737 Airplanes

WASHINGTON (Reuters) – Southwest Airlines Co <LUV> said Monday it will complete inspections on 38 737 airplanes it acquired from foreign air carriers by Jan. 31 that may not meet all U.S. aviation safety requirements.

The planes are part of 88 pre-owned Boeing <BA> 737 aircraft Southwest bought between 2013 and 2017 from 16 foreign carriers. The speedier checks come after inspections of 39 used planes turned up previously undisclosed repairs and incorrectly completed fixes. Southwest used multiple contractors to conduct the reviews of the planes’ maintenance records when they bought the planes.

“We have a plan in place to inspect the 47 remaining aircraft, nine of which are currently in heavy checks, no later than January 31, 2020 – five months earlier than the original FAA accepted completion date of July 1,” Southwest said in a statement on Monday.

Southwest said its inspections to date “did not stem from any suspected safety concerns with the aircraft.” It added its “continuous assessment of the ongoing inspections has revealed nothing to warrant the expedited timeline” but will meet it nevertheless.

In 2018, Southwest agreed to conduct a complete physical inspection on each of these pre-owned aircraft over a two-year period after a Federal Aviation Administration (FAA) safety inspector in May 2018 discovered discrepancies in records for some of 88 aircraft.

Since then, Southwest said it has completed the nose-to-tail inspection of 41 aircraft without any findings that suggested an “adverse impact on continued safe operation.”

An Oct. 24 memo from H. Clayton Foushee, director of the FAA Audit and Evaluation Office, made public on Monday said the Southwest inspections turned up at least 30 previously unknown repairs and 42 major repairs that were found “not to meet FAA airworthiness requirements.” Some required “immediate corrective action to bring the aircraft back into compliance.”

The memo added “the data collected to date would indicate that a majority of” the planes to be inspected do not meet FAA airworthiness requirements.

The U.S. Senate Commerce Committee noted on Monday that the 2018 discovery prompted a full records review by Southwest Airlines of all 88 aircraft that found 360 major repairs previously unknown to the airline because they were not disclosed in the contractors’ initial review.

Foushee’s memo said Southwest grounded 34 planes in November 2018 for inspections. The committee said as a result some planes were grounded “for immediate maintenance to bring them into regulatory compliance as a result of these newly discovered prior major repairs.”

The FAA then sent an Oct. 29 letter to Southwest seeking additional information about the uninspected planes and questioned whether they suffered specific damage items. It also raised concerns about Southwest’s “slow pace in completing the evaluation of aircraft.”

Senate Commerce Committee Chairman Roger Wicker said in an Oct. 30 letter to the FAA that its concerns about Southwest’s used planes correspond “to concerns that have been brought to my attention by whistleblowers as part of my investigation into aviation safety.”

The committee said the FAA allowed Southwest to continue to operate these aircraft and as a result “Southwest Airlines appears to have operated aircraft in unknown airworthiness conditions for thousands of flights.”

The FAA said Monday that after receiving Southwest’s response it determined the airline has “met the requirements for immediate inspection and risk assessments on these aircraft.”

The FAA added it “is requiring more frequent updates on the progress of completing all the requirements.”

(Reporting by David Shepardson; additional reporting by Tracy Rucinski in Chicago; editing by Jonathan Oatis)

FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California

Honeywell Forecasts 7,600 New Business Jet Deliveries Over Next Decade

– 28th annual Global Business Aviation Outlook projects 2020 deliveries to be higher than 2019 as new models enter service

– Five-year purchase plans for new business jets down slightly, but plans to buy used jets grow significantly

– Long-range forecast predicts healthy market with steady annual growth

LAS VEGAS, Oct. 20, 2019 /PRNewswire/ — The business jet industry is expected to see strong growth in the short to medium term, supported by several new airplane models coming to the market, according to Honeywell’s (HON) 28th annual Global Business Aviation Outlook. Released today, the Global Business Aviation Outlook forecasts up to 7,600 new business jet deliveries worth $248 billion from 2020 to 2029, down 1 to 2 percentage points from the 2018 10-year forecast.

Honeywell Logo. (PRNewsFoto/Honeywell) (PRNewsfoto/Honeywell)
Honeywell Logo. (PRNewsFoto/Honeywell) (PRNewsfoto/Honeywell)

“Production ramp up on many new business jet platforms are expected to lead to a 7% increase in deliveries in 2020, following a strong projected growth in 2019 over 2018 aircraft deliveries,” said Heath Patrick, president, Americas Aftermarket, Honeywell Aerospace. “We are confident that these new and innovative aircraft models will support solid growth in the short term and have a continuing impact on new business jet purchases in the midterm and long term.”

Key findings in the 2019 Honeywell global outlook include:

  • Operators plan to make new jet purchases equivalent to about 17% of their fleets over the next five years as replacements or additions to their current fleet, a decrease of 3 percentage points compared with 2018 survey results. 
  • Of the total purchase plans for new business jets over the next 5 years, 35% are expected to occur in the first two years of the survey, with 57% of purchase plans realized by year three. This is 5 percentage points higher than last year’s survey. 
  • Operators continue to focus on larger-cabin aircraft classes, from large cabin through ultralong-range aircraft, which are expected to account for more than 71% of all expenditures of new business jets in the next five years.

Click the link to view the full story from PRNewswire! https://www.prnewswire.com/news-releases/honeywell-forecasts-7-600-new-business-jet-deliveries-over-next-decade-valued-at-248-billion-300941512.html