EMBRAER SELLS FIVE MORE JETS TO AZUL
July 19, 2010
Brazilian airline increases the number of firm orders to 41 aircraft
São José dos Campos, July 19, 2010 –
Embraer has signed an additional contract
with Azul Linhas Aéreas Brasileiras for the
sale of five more EMBRAER 195 jets. The
total value of the deal, at list price, is US$ 211
million, under January 2010 economic
conditions. This order is already included in
Embraer’s firm order backlog for the second
quarter of 2010 as “Undisclosed customer”.
The five EMBRAER 195 jets will be
delivered yet this year, and by December,
Azul will have 26 E-Jets in its exclusively
Embraer fleet.
After adding in the 36 aircraft ordered in
March 2008 (five EMBRAER 190s and 31
EMBRAER 195s), Azul now has a total of 41
firm orders for Embraer jets, as well as
options for another 20 aircraft and purchase
rights for 20 more.
“There is no greater sense of satisfaction for a manufacturer than to receive more orders
from an important customer,” said Paulo César de Souza e Silva, Embraer Executive Vice
President, Airline Market. “This new order confirms the customer’s confidence in our
product. We are building a successful commercial partnership with Azul that I am certain will
continue for many years.”
Azul took delivery of its first Embraer aircraft in December 2008. It began operations a few
days later, out of Viracopos Airport (VCP), in the city of Campinas, outstate São Paulo, to
Porto Alegre and Salvador. The airline currently serves 21 cities in Brazil and continues to
expand the number of destinations. It has carried more than three million passengers in about
a year and a half of operation. Investments also include the acquisition of a flight simulator
that is already in use to train the company’s pilots.
“Our customers love the safety, comfort, and reliability of the E-Jets. This additional order is
fundamental for accelerating Azul’s growth even more,” said David Neeleman, Chairman of
Azul Linhas Aéreas Brasileiras. “This contract also strengthens our ties with Embraer and,
above all, it is undisputed proof of our belief in stimulating air traffic in Brazil with Azul’s
winning formula that allies excellent services with affordable prices.”
The new EMBRAER 195 jets for Azul will be configured identically to those that were
previously ordered, comfortably accommodating 118 passengers in a single class. They will
have the latest entertainment system, with individual monitors, by which each passenger may
select the programming of their preference. With an autonomy of 2,300 nautical miles (4,260
kilometers), the jet is able to fly nonstop on any route between Brazilian capital cities, for
more flexible operations and lower costs.
GE Capital Aviation Services orders 60 A320 Family Aircraft
July 19, 2010
A320 remains preferred choice of customers and operators in all sectors
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE], has signed a firm order for 60 additional A320 family aircraft. This new order brings the total number of A320 family aircraft ordered by GECAS to 327 and the backlog of aircraft to be delivered to 99 aircraft.
“We’re pleased to announce the growth of our A320 fleet with this new order today,” said Norman C.T. Liu, president and CEO of GECAS. “We have a solid track record of placing A320s with our customer base across the world.”
“GECAS’ order is a further demonstration of the strong demand for the A320 family and underlines its attractiveness to leasing companies, who are returning to the market with full steam,” said Tom Enders, Airbus President and CEO. “The low operating costs and proven high dispatch reliability offered by the A320 family make it the preferred choice for operators in all sectors, and a strong asset for the GECAS portfolio.”
GECAS customers will be able to select the Sharklet option for aircraft to be delivered from the end of 2012. Sharklets have been developed to enhance the eco-efficiency and payload-range performance of the A320 family resulting in at least 3.5 percent reduced fuel burn over longer sectors.
Emirates Orders $3 Billion in GE90 Engines and Services for 30 Boeing 777 Aircraft
July 19, 2010
FARNBOROUGH AIR SHOW — July 19, 2010 – Emirates has ordered 30 GE90-115B-powered Boeing 777-300ER aircraft. The engine order, including spare engines, is valued at $2 billion (USD) list price. Deliveries will begin in late 2011.
Emirates has also signed a 12-year OnPointSM solution services agreement for the maintenance and overhaul of its GE90-115B engines. The contract is worth more than $1 billion (USD) over its life.
“The GE90-115B engine offers significantly improved fuel efficiency, lower noise levels and reduced emissions, which Emirates requires as we continue to build our fleet of long-haul aircraft for the future,” said His Highness (H.H.) Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group.
“Emirates is the largest operator of GE90-powered Boeing 777 aircraft,” said David Joyce, president and chief executive officer of GE Aviation. “Today’s order is another affirmation of the trust Emirates has in the aircraft-engine combination, and we look forward to ensuring the GE90 engine continues to provide outstanding performance to the airline.”
Emirates and GE Aviation have established a strong relationship. As one of the world’s fastest growing international airlines, Emirates operates eight CFM56-powered A340s and 65 GE90-powered 777-300ERs/-200LRs, with additional GE90-powered 777 aircraft and GEnx-powered Boeing 747-8 aircraft on order. The airline is also the largest customer for the Airbus A380 and the Engine Alliance’s GP7200 engines with 90 A380s on order.
At 115,000 pounds of thrust, the GE90-115B engine includes such performance-enhancing features as three-dimensional aerodynamic (3-D aero) compressor and wide-chord, swept composite fan blades for greater efficiency. The dual annular combustor emits no more than 40 percent of the hydrocarbons allowed by today’s international standards.
Bombardier Confirms Sale of Two Global 5000 Jets to Qatar Airways
July 19, 2010
placed firm orders for two Global 5000 aircraft, valued at approximately $90 million US, based
on the 2010 list price for typically equipped aircraft. The business jets are scheduled for delivery
in the fall of 2010 and August 2011 and will be based in Doha, capital of the State of Qatar.
“Global business aircraft are renowned for their exceptional performance and reliability in
demanding climate and weather conditions,” said Akbar Al Baker, CEO, Qatar Airways.
“The Global 5000 jet’s speed and range, combined with its luxurious cabin, made it the optimum
choice to meet the needs of corporate travelers who strongly value the importance of time
management and a hassle-free travel experience.”
Qatar Airways is one of the fastest growing international airlines operating one of the youngest
fleets in the world. From its hub in Doha, the airline has developed a global network of
destinations, covering Europe, the Middle East, Africa, Asia Pacific, North America and South
America. With a modern fleet of 84 aircraft, Qatar Airways flies to 92 destinations worldwide.
The new Global 5000 aircraft will join the airline’s corporate jet subsidiary, Qatar Executive,
which currently features one Challenger 300 jet and two Challenger 605 jets in its fleet.
“These sales to Qatar Airways are an affirmation of the value of corporate aviation in the Middle
East and worldwide,” said Steve Ridolfi, President, Bombardier Business Aircraft. “Qatar
Airways recognizes that there is a need for both commercial and business aviation and as such
have invested in both markets, much like Bombardier. We applaud Qatar’s innovative approach
and decision to select Bombardier business aircraft for their corporate jet fleet.”
The super large Global 5000 jet combines superior transatlantic speed with the largest cabin in
its market segment. It features high-speed Internet connectivity and unmatched entertainment
options as well as a heads-up flight display system, with one of the largest field-of-view of any
business aircraft. With a recent range increase of 400 NM (741 km) the jet can now connect
Doha-Hong Kong non-stop with eight passengers and three crew*.
China Eastern Orders CFM56-5B Engine to Power A320s; Signs Long-Term Maintenance Agreement
July 19, 2010
FARNBOROUGH, England — 19 July 2010 — China Eastern Airlines today announced that it has selected the CFM56-5B engine to power 30 new Airbus A320 family aircraft; the airline is scheduled to begin taking delivery in March 2011. The firm engine order is valued at approximately $600 million U.S at list price.
Together with the engine selection, China Eastern also signed a long-term RPFH (Rate per Flight Hour) agreement with CFM to provide comprehensive maintenance service for the CFM56 engines in the airline’s fleet under which CFM will guarantee maintenance costs on a dollar per engine flight hour basis.
China Eastern became a CFM customer in 1994 with an order for five CFM56-5C-powered long-range, four-engine Airbus A340 aircraft. Today, the airline is CFM’s largest customer in China, currently operating about 500 CFM56-3/-5B/-5C and -7B engines.
“We are honored by China Eastern’s selection of the CFM56-5B engine,” said Eric Bachelet, president and CEO of CFM. “China Eastern and CFM have a long-standing relationship, and this engine selection demonstrates the continued confidence the airline has in our products and services.”
The high reliability, long on-wing life, and low maintenance costs of the CFM56-5 make it extremely popular with major airlines, low-cost carriers, and leasing companies worldwide. All of China Eastern’s new CFM56-5B engines are of the Tech Insertion configuration. This configuration was introduced in September 2007 and, through June 2010, the fleet of more than nearly 3,900 in service worldwide had logged more than 17 million flight hours and 9.6 million flight cycles without a single engine-related event.
CFM56 Tech Insertion provides operators with a 1 percent improvement in fuel consumption over the life of the product, compared to the base CFM56-5B engine. This lower fuel consumption also significantly lowers CO2 emissions. Improved analytic design tools have also enabled CFM to further improve the Tech Insertion combustor such that it emits 25 percent lower NOx emissions and meets the current CAEP/6 industry requirements.
CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered 21,000 engines to date.
Aeroflot signs for 11 Airbus A330-300 aircraft
July 19, 2010
Aeroflot’s very first direct order of A330s to maximize on fleet commonality
The Russian flag carrier, Aeroflot, signed a firm contract with Airbus for the purchase of 11 A330-300 aircraft. The newly ordered A330-300s will feature a spacious two class cabin layout seating around 300 passengers. The airline is planning to operate the aircraft on its extended network of long-haul destinations.
“We are delighted that our long-standing partner Aeroflot continues to choose the A330 for the further development of its wide-body fleet. With proven passenger appeal, the A330 is providing unbeatable economic efficiency, making it the perfect choice for medium capacity operations. This order underscores the continued and strong popularity of the A330 with the world’s leading airlines”, said John Leahy, Airbus Chief Operating Officer, Customers.
Aeroflot was the first Airbus customer and operator in Russia, with A310s entering service back in 1992. It was also the first airline in the CIS to operate the A319, the A321 and in November 2008 the A330 Family. Over the years the carrier’s Airbus fleet has increased dramatically. At the moment Aeroflot is flying 64 A320 Family aircraft and 10 leased A330s, making it the biggest Airbus operator in the region. Additionally in 2007 Aeroflot placed a firm order for 22 A350 XWBs.
Airbus has been developing a successful trans-national cooperation with Russia for more than 15 years. This includes the implementation of a wide range of research and technology projects, the establishment of an Airbus Engineering Centre in Moscow (ECAR), the production of Airbus aircraft components at Russian plants, titanium purchase and the Passenger to Freighter (P2F) programme.
The Airbus A330 remains the most economic means of flying some 300 passengers on medium range routes in true long haul comfort. As well as offering unbeatable operating economics and productivity, the A330 is also one of the world’s most fuel efficient aircraft.
With a true wide-body fuselage allowing very high comfort standards, the A330-300 is able to accommodate seat and class configurations to suit a range of customer requirements. It has a range of up to 5,650 nm / 10,500 km with a full passenger load. Highly efficient and optimized for the medium – to extended range market, the A330-300 offers the best balance between range and cost. Orders for the A330 stand at more than 1000 aircraft.
New lessor ALC takes off with firm order for 51 A320 Family aircraft
July 19, 2010
A320 Family aircraft continue to seduce market
Air Lease Corporation (ALC), the recently formed aircraft financing and leasing company, has chosen to place its first firm order for new aircraft directly from a manufacturer with Airbus. The order is for 20 A321 aircraft and 31 A320 aircraft. The agreement was signed during a ceremony held today at the Farnborough International Air Show witnessed by Steven F. Udvar-Hazy, ALC Chairman and CEO, John L. Plueger, ALC President and COO, Airbus President and CEO, Tom Enders and Airbus Chief Operating Officer, Customers, John Leahy.
ALC was established earlier this year by the company’s Chairman and CEO, Steven F. Udvar-Hazy, founder and former Chairman and CEO of the International Lease Finance Corporation (ILFC). ALC will purchase and lease commercial jet aircraft to airlines worldwide. ALC raised several billions of U.S. dollars of capital to acquire modern commercial jetliners and rapidly expand its portfolio of the latest technology aircraft.
“With a wide airline customer base, and the continued global demand for replacement and growth, the A320 and the A321 are an integral part of our fleet portfolio strategy. In today’s airline world, low operating costs, fuel efficiency, environmental friendliness and maximum operating flexibility are important ingredients. The latest versions of the Airbus family of single aisle aircraft meet and exceed those high standards,” said Steven F. Udvar-Hazy, Chairman and CEO of Air Lease Corporation (ALC).
“We are delighted to welcome back Steven Udvar-Hazy, one of Airbus’ most valued customers as founder and former Chairman and CEO of ILFC,” said Tom Enders, Airbus President and CEO. “The fact that ALC’s first order is for A320s and A321s clearly demonstrates his continued confidence in Airbus aircraft and in the A320 Family. We look forward to building a long-lasting relationship with ALC and we encourage them to continue investing in Airbus aircraft in order to offer their customers the most efficient and reliable aircraft.”
ALC will offer its customers the new fuel-saving “Sharklet” option that is available from the end of 2012 on A320 aircraft, to be followed by the A319 and A321 models from 2013. Sharklets are large wing-tip devices that will enhance the eco-efficiency and payload-range performance of the A320 Family. Offered as a forward-fit option, they are expected to result in at least 3.5 percent reduced fuel burn over longer sectors, corresponding to an annual CO2 reduction of around 700 tonnes per aircraft. This latest development has been part of the larger continuous improvement programme for the A320 Family which is supported by an annual investment in excess of 100 million euros each year.
Airbus aircraft share a unique cockpit and operational commonality, allowing airlines to use the same pool of pilots, cabin crews and maintenance engineers, bringing operational flexibility and resulting in significant cost savings.
Bell Helicopter Has Begun Kiowa Warrior Cabin Conversion
July 19, 2010
FARNBOROUGH, England (July 19, 2010) – Work is underway at Bell Helicopter, a Textron Inc. (NYSE: TXT) company, on an Army contract for the conversion of an OH-58A cabin into a D-model cabin.
In April 2009, the Army exercised a contract option to have Bell Helicopter convert one OH-58A cabin into a new OH-58D cabin and also complete the non-recurring engineering effort required to establish a cabin build line. The creation of a cabin build line would enable the Army to acquire new OH-58D cabins from Bell to replace Kiowa Warrior aircraft whose cabins have been damaged beyond repair.
The first cabin conversion is scheduled for delivery to Corpus Christi Army Depot (CCAD) next year. In May 2010, the Army issued a sole-source solicitation to Bell Helicopter for the conversion of additional OH-58 cabins. Up to 66 cabins could be required to support the Army’s objective to replace combat losses and damaged aircraft.
Bell is also supporting CCAD with crash damage repairs on OH-58D aircraft. One Kiowa Warrior cabin has already been repaired and delivered to the Army. Two additional cabins are undergoing repairs. As work on each cabin is completed, it is shipped to an AMCOM Aviation Field Maintenance Directorate site for installation of dynamic components.
Work also continues on the final lot of aircraft in the OH-58D Safety Enhancement Program (SEP). In March 2010, the Army awarded Bell a contract to modify the final 30 OH-58D aircraft scheduled to enter the Kiowa Warrior SEP program. The final aircraft are scheduled to be completed by the end of 2011. When Lot 13 is complete, a total of 371 Kiowa Warriors will have been modified to the SEP configuration.
To date, the U.S. Army’s fleet of Kiowa helicopters has accumulated more than 600,000 combat flight hours and approximately 2 million total flight hours. Despite unusually high usage rates and daily combat missions in a harsh operating environment, the OH-58D continues to maintain the highest OPTEMPO and highest readiness rate of any Army aircraft operating today.
Air China Expands CFM56-5B-powered A320 Fleet with New Order for 20 Airplanes
July 19, 2010
FARNBOROUGH, England — 19 July 2010 — Chinese flag carrier Air China today announced that it has selected the CFM56-5B engine to power 20 firm Airbus A320 aircraft. The agreement is valued at approximately $600 million U.S. at list price, including a long-term maintenance agreement.
In addition to the new engine order, Air China also signed a Rate Per Flight Hour (RPFH) agreement with CFM to provide comprehensive maintenance service for the CFM56 engines in the airline’s fleet under which CFM will guarantee maintenance costs on a dollar per engine flight hour basis.
Air China, which is scheduled to begin taking delivery of the new aircraft in 2011, is the largest commercial airline in China and has been a long-time CFM customer. In addition to the 20 A320s announced today, the airline’s current fleet includes 55 Airbus A320 and 118 Boeing 737 family aircraft powered by CFM56-5B and CFM56-3/7B engines, respectively, as well as six long-range, four-engine Airbus A340-300 aircraft powered by the CFM56-5C.
“We are very pleased to continue our long relationship with CFM,” said He Li, Vice President of Air China. “We already have a big CFM56-powered fleet of Airbus and Boeing aircraft, and the operating economics and the outstanding reliability of this engine have been enabling us save our costs and assure our customers of the very highest level of service that we can provide.”
CAE announces agreement with Mitsubishi Aircraft Corporation for comprehensive MRJ Exclusive Training Provider solution
July 19, 2010
FARNBOROUGH, UNITED KINGDOM–(Marketwire – July 19, 2010) – (NYSE:CAE)(TSX:CAE) – CAE announced today at the Farnborough Air Show that it has signed an agreement with Mitsubishi Aircraft Corporation (MJET) to develop and deliver a comprehensive training solution for the new Mitsubishi regional jet (MRJ). The agreement includes a 10-year Exclusive Training Provider program, and the establishment of two training centres initially in Japan and the United States.
In support of the agreement, CAE is expanding its training network and developing two CAE 7000 Series MRJ full-flight simulators (FFS) as well as CAE Simfinity(TM) integrated procedures trainers. CAE will also design curriculum and courseware, and provide CAE training for pilots, maintenance technicians, cabin crew, dispatchers and ground support personnel. The two simulators will be the world’s first two MRJ FFSs and will be deployed by CAE at the two training centres established for MRJ training.
“We concluded that CAE, with its vast experience, human resources and proven capabilities, would be our best partner for training,” said Hideo Egawa, President of Mitsubishi Aircraft Corporation. “We’re confident that working in collaboration with CAE, we will be able to provide our customers with the best training one could ask for.”
The MRJ is a next-generation regional aircraft which leverages Mitsubishi’s more than 60 years of manufacturing expertise, including recent development of composites for the Boeing 777 and 787 models. The 70-90 seat MRJ is planned to enter service in 2014 with launch customer All Nippon Airways (ANA).
“The comprehensive scope of the MRJ Exclusive Training Provider program showcases the unique breadth of CAE’s simulation and training capabilities,” said Jeff Roberts, CAE’s Group President, Civil Simulation Products, Training and Services. “The MRJ training program includes a complete courseware solution, a suite of high-fidelity flight simulation training devices, training for the full complement of aviation professionals who will operate and service the aircraft, and CAE’s demonstrated ability to collaborate successfully with OEMs and training partners.”
Training programs will be ready in 2013 at training centres in the Tokyo, Japan area and the central United States. Additional training centres will be established based on market requirements.
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