issn 1718-7966 june 18, 2018/ vol. 645 weekly aviation ... · folio and two airbus a320 family...

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Connued on page 3 Rolls-Royce is cung 4,600 jobs over the next two years - most of them in the UK - amid a further restructur- ing drive to save £400m a year and simplify the business. Following the an- nouncement in January that the engine OEM would simplify the Group into three cus- tomer-focused business units, this proposed re- structuring, according to Rolls-Royce will create smaller and more cost effecve corporate and support funcons and reduce management layers and complex- ity, including within engineering. It follows a comprehensive review of the structure, culture, processes and people with a view to creang a much simpler, healthier and dy- namic organisaon with clearer ac- countabilies, greater producvity and quicker decision-making, the company hopes. Over the next 24 months, Rolls -Royce expects that the proposed restructuring will lead to the re- ducon of around 4,600 roles, pre- dominantly in the UK where most of corporate and support funcons are based. Around a third of these roles are expected to leave by the end of 2018. The programme is expected to gain further momentum through 2019, with full implementaon of headcount reducons and structural changes by mid-2020. Chief Execuve Warren East said: “Our world- leading technology gives Rolls-Royce the potenal to generate significant profitable growth. The creaon of a more streamlined organisaon with pace and simplicity at its heart will enable us to deliver on that promise, generang higher returns while being able to invest for the future. WORLD NEWS Rolls-Royce cuts come amid 787 engine troubles. Photo: Boeing ISSN 1718-7966 JUNE 18, 2018/ VOL. 645 Rolls-Royce restructuring 4600 jobs to go at engine maker COMAC and Teledyne Controls team up for ARJ21 Teledyne Controls, the Flight Data Management business, has an- nounced a partnership with the Chi- nese aircraſt manufacturer COMAC to build a Real Time Monitoring Sys- tem (RTMS) for ARJ21 aircraſt. At the heart of the soluon is the Teledyne Controls’ Real-me Monitoring Unit (RTMU) that will be used in all ARJ21 aircraſt aſter the unit’s cerficaon. The RTMU provides COMAC with a state-of-the-art hardware and soſt- ware soluon for data acquision, aircraſt condion monitoring and data recording. Pegasus signs codeshare agreement with Nile Air Turkish low-cost airline Pegasus has signed a codeshare agreement with Nile Air, Egypt’s largest private airline. Through the codeshare partnership, Pegasus guests will be able to pur - chase flights from Pegasus channels for the Nile Air flights between Istan- bul Sabiha Gökçen Airport and Cairo as of 15 June 2018. With the addion of Nile Air, Pegasus now operates six codeshare partnerships, with agree- ments also in place with KLM Royal Dutch Airlines, Flynas, Alitalia, Qatar Airways and Delta Air Lines. Aer Lingus orders A330 cabin service trainer from Spaal Following Spaal’s successful comple- on of upgrade works to Aer Lingus’s A320 Cabin Emergency Evacuaon Trainer and A330 Door Trainer in 2017, Spaal has been appointed to manu- facture an A330 Cabin Service Trainer. The device will replicate the latest finishes in Aer Lingus’s Business and Economy cabins to allow the airline to further enhance its service offering. “These changes will help us deliver over the mid and longer-term a level of free cash flow...” Warren East, CEO Rolls-Royce www.avitrader.com Weekly Aviaon Headline News

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Page 1: ISSN 1718-7966 JUNE 18, 2018/ VOL. 645 Weekly Aviation ... · folio and two Airbus A320 Family aircraft and one Boeing 737 Classic from AerCap’s managed portfolio. The Company continues

Continued on page 3

Rolls-Royce is cutting 4,600 jobs over the next two years - most of them in the UK - amid a further restructur-ing drive to save £400m a year and simplify the business.

Following the an-nouncement in January that the engine OEM would simplify the Group into three cus-tomer-focused business units, this proposed re-structuring, according to Rolls-Royce will create smaller and more cost effective corporate and support functions and reduce management layers and complex-ity, including within engineering. It follows a comprehensive review of the structure, culture, processes

and people with a view to creating a much simpler, healthier and dy-namic organisation with clearer ac-countabilities, greater productivity and quicker decision-making, the company hopes.

Over the next 24 months, Rolls -Royce expects that the proposed restructuring will lead to the re-duction of around 4,600 roles, pre-dominantly in the UK where most of corporate and support functions are based. Around a third of these roles

are expected to leave by the end of 2018. The programme is expected to gain further momentum through 2019, with full implementation of headcount reductions and structural changes by mid-2020.

Chief Executive Warren East said: “Our world-leading technology gives Rolls-Royce the potential to generate significant profitable growth. The creation

of a more streamlined organisation with pace and simplicity at its heart will enable us to deliver on that promise, generating higher returns while being able to invest for the future.

WORLD NEWS

Rolls-Royce cuts

come amid 787 engine

troubles.

Photo: Boeing

ISSN 1718-7966 JUNE 18, 2018/ VOL. 645

Rolls-Royce restructuring 4600 jobs to go at engine maker

COMAC and Teledyne Controls team up for ARJ21 Teledyne Controls, the Flight Data Management business, has an-nounced a partnership with the Chi-nese aircraft manufacturer COMAC to build a Real Time Monitoring Sys-tem (RTMS) for ARJ21 aircraft. At the heart of the solution is the Teledyne Controls’ Real-time Monitoring Unit (RTMU) that will be used in all ARJ21 aircraft after the unit’s certification. The RTMU provides COMAC with a state-of-the-art hardware and soft-ware solution for data acquisition, aircraft condition monitoring and data recording.

Pegasus signs codeshare agreement with Nile AirTurkish low-cost airline Pegasus has signed a codeshare agreement with Nile Air, Egypt’s largest private airline. Through the codeshare partnership, Pegasus guests will be able to pur-chase flights from Pegasus channels for the Nile Air flights between Istan-bul Sabiha Gökçen Airport and Cairo as of 15 June 2018. With the addition of Nile Air, Pegasus now operates six codeshare partnerships, with agree-ments also in place with KLM Royal Dutch Airlines, Flynas, Alitalia, Qatar Airways and Delta Air Lines.

Aer Lingus orders A330 cabin service trainer from SpatialFollowing Spatial’s successful comple-tion of upgrade works to Aer Lingus’s A320 Cabin Emergency Evacuation Trainer and A330 Door Trainer in 2017, Spatial has been appointed to manu-facture an A330 Cabin Service Trainer. The device will replicate the latest finishes in Aer Lingus’s Business and Economy cabins to allow the airline to further enhance its service offering.

“These changes will help us deliver over the mid and longer-term a level of free cash flow...”Warren East, CEO Rolls-Royce

www.avitrader.com

Weekly Aviation Headline News

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3Weekly Aviation Headline News

Universities order more R44 Cadets

Robinson Helicopter Company has received orders for additional R44 Cadets from the uni-versities of North Dakota (UND) and Southern Utah (SUU). This will be UND’s second Cadet and SUU’s third. Scheduled for delivery in Septem-ber, both aircraft will be equipped for VFR and IFR training with a fully integrated glass cockpit featuring Garmin’s 1060 TXi (touchscreen) flight display, Garmin’s GTN navigator, and Garmin’s GTX 345 transponder with ADS-B In/Out. The two-place Cadet offers a spacious baggage com-partment, increased performance margins at high altitudes, and a 2400-hour time between overhaul.

Canada Jetlines prepares for take-off with lease agreement for two A320 aircraft

Canada Jetlines has partnered with AerCap, a global leader in aircraft leasing and aviation fi-nance, and has signed a Definitive Lease Agree-ment for two Airbus A320 aircraft, effective June 12, 2018. Delivery of the two aircraft is expected by the first half of 2019. The two committed Airbus A320’s are sister aircraft, having virtu-ally identical conformity in design, features, and equipment, allowing Jetlines to expedite the necessary training and maintenance processes

to commence operations at an earlier date. The sister aircraft are 12 years old. The pre-ex-isting purchase agreement with Boeing for the 737-MAX’s for delivery in 2023 remains in place. Jetlines plans to use the Airbus planes to support its start-up operations and is not limited from se-curing a Boeing fleet in future, should the com-pany decide to do so.

Skyworld Aviation arranges additional lease of one Saab 2000 to Skywork Airlines

Skyworld Aviation has delivered a further Saab 2000 to Skywork Airlines of Switzerland. Serial number 012 (now registered as HB-IZI) left Täby Air Maintenance, Sweden on June 8, after un-dergoing a work package with the Saab aircraft

Orders and deliveries – Boeing and Airbus

Airbus’ new business in May was paced by 16 bookings for widebody A350 XWB and A330 jetliners, with orders logged as well for nine single-aisle A320 Family aircraft. A total of 51 deliveries were made during the month from Airbus’ A320, A330 and A350 XWB product lines.Boeing generated 43 orders in May and deliveries for the month amounted to 68 aircraft.

Airbus v Boeing: Orders and DeliveriesMay 2018 YTD

Airbus Boeing

Type Orders Deliveries Type Orders Deliveries

A320 Family 108 172 737 193 213

A330 -4 15 747 14 2

A340 0 0 767 7 7

A350 -7 32 777 9 19

A380 14 4 787 83 55

Total 111 223 Total 306 296Source: Airbus Source: Boeing

“We have made progress in improving our day-to-day operations and strengthening our leadership and are now turning to reduce the complexity that often slows us down and leads to duplication of effort. It is never an easy deci-sion to reduce our workforce, but we must cre-ate a commercial organisation that is as world-leading as our technologies. To do this we are fundamentally changing how we work.

“These changes will help us deliver over the mid and longer-term a level of free cash flow well beyond our near-term ambition of around £1bn by around 2020. After a decade of sig-nificant investment, we are committed to de-livering improved returns while continuing to invest in the innovation needed to realise our long-term aspiration to be the world’s leading industrial technology company.”

Its believed that in its current state, the com-pany has become bloated and inefficient. Most of the cut backs will come from middle man-agement and back-office functions. Reportedly, engineering jobs will be protected for the next few years.

Analysts believe it will be crucial for Rolls-Royce not to cut too far to fast.

...continued from page 1

AIRCRAFT & ENGINE NEWS

3

WEEKLY AVIATION HEADLINES

AerCap leased, purchased and sold 114 aircraft in the first quarter of 2018

AerCap has announced its major business trans-actions during the first quarter of 2018. The Com-pany signed lease agreements for 83 aircraft, including 15 wide-body aircraft and 68 narrow-body aircraft. AerCap purchased seven aircraft, including two Airbus A320neo Family aircraft, two Airbus A350s and three Boeing 787-9s and executed sale transactions for 24 aircraft, includ-ing 11 Airbus A320 Family aircraft, four Airbus A330s, one Airbus A340, one Boeing 737 Classic, one Boeing 737NG, two Boeing 777-200ERs and one Boeing 787-8 from AerCap’s owned port-folio and two Airbus A320 Family aircraft and one Boeing 737 Classic from AerCap’s managed portfolio. The Company continues to manage 12 aircraft that were sold from its owned portfolio during the quarter. AerCap has signed financing transactions for US$2.9bn.

Lion Air Group orders 50 737 MAX 10 air-planes

Boeing and the Lion Air Group have announced the airline has purchased 50 of Boeing’s new 737 MAX 10 airplanes. The deal, valued at approxi-mately US$6.24bn at list prices, is the largest incremental order to date of the MAX 10 vari-ant. The order was previously listed as uniden-

tified on Boeing’s Orders & Deliveries website. The Lion Air Group was the first to put the 737 MAX 8 into service and the first to order the 737 MAX 9. Last month, the Group became the first to take delivery of a 737 MAX 9, using the air-plane’s added capacity to launch several interna-tional routes.

JetBlue selects Pratt & Whitney Geared Turbofan™ engines

JetBlue Airways has selected the Geared Tur-bofan™ (GTF) engine to power an additional 45 Airbus A320neo family aircraft. With the airline’s previous order of 40 GTF-powered A320neo family aircraft, JetBlue has now com-

Orders and deliveries – Boeing and Airbus

Airbus booked orders for eight A320 Family single-aisle jetliners in the NEO and CEO versions during March, while delivering 56 aircraft in the month from across the company’s in-produc-tion single-aisle and widebody product lines.Boeing generated a total of 197 orders in March including a staggering 160 737s. Deliveries in the stated month reached 91 planes across the in-production product line.

Airbus v Boeing: Orders and DeliveriesMarch 2018 YTD

Airbus Boeing

Type Orders Deliveries Type Orders Deliveries

A320 Family 37 95 737 171 132

A330 -6 8 747 14 2

A340 0 0 767 7 4

A350 0 17 777 5 12

A380 14 1 787 24 34

Total 45 121 Total 221 184Source: Airbus Source: Boeing

United is also committed to improving the entertainment options for customers with disabilities. Earlier this year, the airline began offering a new main menu category on seatback on-demand that is labelled Ac-cessible Entertainment. This new section makes it easier for custom-ers with hearing and vision challenges to find accessible entertainment options, grouping all of the titles that are either audio descriptive or closed captioned in one main menu category. Seatback on-demand is one of United’s entertainment options available on 757, 767, 777 and 787 aircraft. The carrier currently offers approximately 20 different movies and TV shows that are audio descriptive and more than 50 that

include English closed captioning. Select DIRECTV channels also include closed captioning when the TV station makes it available. United con-tinues to add additional accessible entertainment and screening op-tions across its fleet.

Unique highlights of United’s personal device entertainment program-ming include: an exclusive partnership with VEVO, delivering new, cu-rated music video playlists each month; relaxation content including Headspace, a popular meditation app and Moodica, which takes the brain on a much-needed vacation using videos.

...continued from page 1

AIRCRAFT & ENGINE NEWS

January 2018 Edition

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5Weekly Aviation Headline News

Part 145 maintenance specialist. This aircraft joins five existing Saab 2000 aircraft at Skywork, three of which Skyworld Aviation placed with the operator. HB-IZI was previously operated by BRA – Braathens Regional Airlines and is owned by shipping company Thun AB of Sweden. The aircraft has been placed on long-term lease with Skywork. Thun AB is one of Skyworld’s longest-standing clients with the first aircraft placed for the organization back in 1996.

AIRCRAFT & ENGINE NEWS Vallair leases three Airbus A321s to Onur Air in Turkey

Vallair, the aircraft trading, leasing and specialist MRO organization has completed lease trans-actions for three Airbus A321 aircraft with Onur Air in Turkey. The first of these three aircraft (MSN 974), purchased from AerCap together with its engines, was delivered to Onur Air in May with a lease term of 18 months. The second aircraft (MSN 968), also purchased from AerCap, is being leased as an airframe only and was delivered to Turkey at the start of June. The final aircraft (MSN 835), purchased from Aviation Capital Group (ACG), was also leased to Onur Air as an airframe only and is part of an acquisition release novation contract completed in April with a short-term lease of six months. In addition to these three aircraft, Onur Air is also in possession of a V2500-A5 engine under lease with Vallair. Onur Air operates a combina-tion of commercial and charter flights to a range of domestic and international destinations, scheduled and non-scheduled, out of its main hubs – Atatürk Airport in Istanbul and Antalya Airport in Antalya, Turkey. The airline operates a fleet solely consisting of Airbus-family aircraft, including A320s, A321s and A330s. Onur Air also provides wet-lease services to Saudi Arabian Airways for Hajj and Umrah operations, with its A330s.

Vallair has completed lease transactions for three A321s with Onur Air Photo: Vallair

Hawaiian Airlines receives its first U.S.-produced aircraft

Hawaiian Airlines has taken delivery of its first U.S.-produced A321. The aircraft, delivered from the Airbus U.S. Manufacturing Facility in Mobile, Alabama, is also the first new-engine option aircraft (NEO) delivered from Airbus’ U.S. facility. It is powered by Pratt & Whitney PW1000G high-bypass geared turbofan engines. Hawaiian currently offers daily non-stop A321neo flights from Portland and Long Beach to Honolulu. The carrier will announce additional A321neo routes between the U.S. West Coast and the Hawaiian Islands as it welcomes a total of 18 aircraft through 2020.

A321neo, Hawaiian Airlines’ first US delivery Photo: Airbus

HT Aerotech completes CAMO approvals with EASA National Authority

HT Aerotech has been granted CAMO approval by the IAA for all Airbus narrow-body Series aircraft, Airbus A330 aircraft, Boeing 737 Clas-sic and 737 NG aircraft, as well as the Embraer aircraft series. This complements the Bermuda (BCAA) CAMO approvals for the same aircraft types previously granted in 2016. The IAA ap-provals have already been utilized to help tran-sition two B737NG aircraft from China to India. HT Aerotech is the first Chinese-based engi-neering services company to have been granted CAMO approval by an EASA National authority. Ethan Guan CEO of HT Aviation Group explains: “We opened our Dublin office in 2017 to bet-ter serve the aircraft leasing community out-side of China. Having EASA CAMO approvals is an important step to help transition aircraft in and out of the EU and in ensuring the high-est airworthiness standards are maintained in moving aircraft from other jurisdictions and also for long-term aircraft storage. This is just the first step of growing the Dublin team at HT Aerotech. We also support the aircraft leas-ing community with Part 21 Design and other lease management activities.” HT Aerotech is a wholly owned subsidiary of Haotong Aviation, which is a listed company on the Beijing Stock Exchange (NEEQ).

IKAR selects AerFin to support Embraer E-Jet fleet

AerFin has signed a five-year contract to sup-port IKAR Airlines’ fleet of seven Embraer E-Jets via its “Beyond Pool” support program. BeyondPool™ offers a fixed-cost solution to support the component requirements of IKAR Airlines’ seven Embraer E190s and will be fully supported out of AerFin’s London Gatwick facil-ity, together with the provision of a significant inventory-holding located at the main operat-ing base at Sheremetyevo International Airport

MRO & PRODUCTION NEWS

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6Weekly Aviation Headline News

in Moscow. IKAR becomes the latest customer to join AerFin’s BeyondPool™ support program, subsequent to BA CityFlyer joining the program in February 2018, where they signed a seven-year partnership agreement with AerFin, that covers all component support requirements for its E-Jet fleet. IKAR Airlines is a Russian Far-Eastern carrier, based at Krasnoyarsk Yem-elyanovo Airport, operating as Pegas Fly. IKAR was rebranded as Pegas Fly in 2013 and now operates scheduled passenger services from Krasnoyask, as well as charter services on be-half of Pegas Touristik. The carrier is operated by IKAR Airlines LLC and maintains IKAR Airlines as the carrier’s legal name.

Ameco completes first D-Check for Boeing 747-8F

Ameco has completed the first D-Check for a Boeing 747-8F. The freighter has been rede-livered to its operator and already put into operation. The D-Check project involves more than 1300 job cards, of which 260 job cards and 40 engineering orders were performed by Ameco for the first time. In order to en-sure the work quality and TAT, Ameco had arranged a team that is very experienced on Boeing 747 airframe work. During the whole process, Ameco conquered technological diffi-culty to ensure a satisfying result. The success of this global first D-Check is a milestone for Ameco’s base maintenance capability devel-opment. Ameco’s base maintenance facilities are mainly located in Beijing and Chengdu for heavy maintenance, PTF conversion and vari-ous modifications, with services offered for the Boeing 737, 747, 757, 767, 777 as well as the Airbus A320, A330.

Airbus inaugurates Hamburg’s fourth A320 Family production line

Airbus has inaugurated the fourth Hamburg, Germany A320 Family production line. Making use of digital technologies and a more flexible industrial setup, the innovative state-of-the-

MRO & PRODUCTION NEWS First of six Philippine Airlines A350 XWBs enters final production phase

Airbus has announced from its production facility in Toulouse, France that a new A350-900 destined for Philippine Airlines has taken its first flight as part of the final pro-duction process. The aircraft will be ready for delivery within the next few weeks. This is the first of six A350-900s, or XWBs on order – XWB standing for Extra-wide Body – which will be used by the Philippine flag carrier for long-haul services from Manila to North America and Europe. The six jets will join Philip-pine Airline’s existing Airbus fleet comprising 26 A320 Family aircraft, 15 A330s and five A340s. The A350 XWB is the first Airbus jet whose fuselage and wing structures are made predominantly out of carbon fiber reinforced polymer, the current version using new fuel-efficient Rolls-Royce engines. When combined with its latest aerodynamic design, the operational efficiency now runs at a 25% reduction in fuel burn and emissions, while significantly reducing maintenance costs. As of the end of May this year, total orders of the A350-900 stand at 679 with 173 delivered, and orders for the A350-1000 stand at 168 with one delivered. Qatar Airways, Cathay Pacific and Singapore airlines are the principal operators of the A350 XWB with over 20 of the aircraft each in service.

A350-900 Philippines Airlines, MSN221, take-off Photo: Airbus

ST Engineering’s Aerospace sector expands MRO Network with new facility in the USA

ST Engineering’s Aerospace sector officially opened a new airframe Maintenance, Repair & Over-haul (MRO) facility on June 8, in Pensacola, Florida, USA. The new facility, which can carry out heavy and line maintenance, as well as aircraft modification work, joins two others that ST Engi-neering has in the USA, located in San Antonio, Texas and Mobile, Alabama, increasing its capac-ity to serve the North America region and its global clientele. Located at the Pensacola Interna-tional Airport, the new hangar has been developed at a cost of US$46 million. At 173,500 ft ², it is one of the largest hangars in ST Engineering’s global network of airframe maintenance facilities. The facility has an annual capacity of 600,000 labor hours and can accommodate two aircraft of the largest version of the 777 widebody series, or six A321 narrow-body aircraft at any one time.

ST Engineering Aerospace sector opened a new MRO facility in Pensacola, Florida Photo: ST Engineering Aerospace

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7Weekly Aviation Headline News

DOT gives US$677 million in infrastruc-ture grants to 214 airports in 43 states

Tansportation Secretary Elaine L. Chao has an-nounced the Federal Aviation Administration (FAA) will award US$677 million in airport in-frastructure grants, the first allotment of the total US$3.2 billion in Airport Improvement Program (AIP) funding for airports across the United States. The 241 grants will fund 346 infrastructure projects that include runways, taxiways, aprons, and terminals. These pro-jects are important to the safety and efficien-cy of the nation’s system of airports. “These Airport Improvement Program grants will en-hance airport safety, modernize our aviation infrastructure and strengthen the economic vitality of communities throughout the coun-try,” said Secretary Chao. The U.S. infrastruc-ture, and especially its 3,332 airports and 5,000 paved runways as an essential piece, moves the country’s competitiveness and improves the traveling public’s quality of life.

FINANCIAL NEWS

IAI and Airbus enter US$600 million agreement to lease Heron TP MALE RPASs to German Defense Ministry

Israel Aerospace Industries (IAI) has signed an agreement with Airbus to lease Heron TP Medium Altitude Long Endurance (MALE) RPASs (remotely piloted air vehicle system) to Germany’s Federal Ministry of Defence. Under the US$600 million deal, Airbus DS Airborne Solutions GmbH will serve as the prime contractor responsible for managing all aspects of the project, including operational support and maintenance throughout the term of the agreement. The nine-year agreement is pending approval of the German federal budget, which is expected in the second half of 2018.

Heron TP Photo: IAI

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art line is a key enabler for ramping up the single-aisle program to 60 aircraft per month by mid-2019. “The inauguration of our latest, most modern A320 production line opens a new chapter in efficient, digital aircraft manu-facturing,” said Guillaume Faury, President Airbus Commercial Aircraft. “With these new technologies we are building our aircraft more efficiently, a key enabler for higher produc-tion rates. I would like to thank the teams who pushed this newest Airbus production standard from concept to reality.” The A320 Family air-craft are manufactured globally, at Airbus sites in Europe, China and the US. In addition to the new production line, Airbus also inaugurated a larger and modernized Hamburg A320 Fam-ily delivery centre with more customer areas, more efficient delivery processes and increased hospitality services.

MRO & PRODUCTION NEWS

According to the FAA’s most recent economic analysis, U.S. civil aviation accounts for $1.6 trillion in total economic activity and supports nearly 11 million jobs. Under the Secretary’s leadership, the Department is delivering AIP investments to strengthen the safety and ef-ficiency of America’s airports. Airports can get

a certain amount of AIP entitlement funding each year based on activity levels and project needs. If their capital project needs exceed their available entitlement funds, the FAA can supplement their entitlements with discre-tionary funding.

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8Weekly Aviation Headline News

Etihad reduces losses in 2017

Etihad Airways has confirmed that it improved its core operating performance by 22% in 2017, despite facing challenges including significant fuel cost increases, the entry into administra-tion of its equity partners Alitalia and airberlin, and initial investment in a comprehensive busi-ness transformation programme. The airline increased revenues from core operations by 1.9% to US$6.1 billion (2016: US$5.9 billion), while reducing losses in the core operations by US$432 million to US$1.52 billion (2016: loss of US$ 1.95 billion). Results published for 2017 are for core airline operations and exclude any extraordinary or one-off items; 2016 figures have been restated to show a like-for-like com-parison. Passenger and cargo yields improved as a result of capacity discipline, changes to the network with an increased focus on point-to-point traffic, leveraging of technology, and improving market conditions. A strong focus on efficiency delivered a 7.3% reduction in unit costs, despite the adverse impact of US$337 million from higher fuel prices. The airline re-duced administration and general expenses by 14%, or US$162 million, over 2016. Etihad Air-ways carried 18.6 million passengers at a 78.5% load factor. Available Seat Kilometres (ASKs) increased by 1% in 2017 reflecting a significant moderation of capacity growth and contribut-ing to an improvement in the quality of the airline’s revenues. “This was a pivotal year in Etihad’s transformation journey. The Board, new executive leadership team and all our em-ployees worked extremely hard to navigate the challenges we faced. We made significant pro-gress in driving improved performance and we are on track in 2018.”

Gatwick’s latest £1.1 billion five-year-plan takes total Investment over £3 billion mark

At today’s British-Irish Airports Expo in Lon-don, London Gatwick Airport’s Chief Executive, Stewart Wingate, announced a new five-year Capital Investment Plan (CIP) for Gatwick Airport which will see an investment of £1.1billion over a five-year period, with £266 million already earmarked for 2018/2019 alone. Gatwick sees continued growth in the long-haul market, pre-dicting passenger numbers increasing to 53 mil-lion by 2023 and is concentrating on improving facilities and transforming passenger services. Since the airport came under the ownership of Gatwick Airport Limited, a wholly owned sub-sidiary of Ivy Holdco Limited, in 2009 and in-cluding todays announced investment, the total investment figure will increase to £3.14 billion. Stewart Wingate commented that: “Gatwick is a major piece of national infrastructure, and our

FINANCIAL NEWS

continued growth and ability to attract long-haul airlines is vital for the health of the UK economy, particularly in a post-Brexit world. We are ex-ploring ways to grow our capacity, including de-veloping new systems and processes to handle more passengers, and considering how we use all our existing infrastructure in the future. “By committing to spend another £1.11 billion, Gatwick can continue to grow sustainably, at-tract new airlines and offer more global con-nections, while providing an excellent service to passengers.Gatwick is a hub for British Airways, and a focus

city for easyJet, Norwegian Air Shuttle, Thomas Cook Airlines and TUI Airways. (£1.00 = US$1.33 at time of publication.)

Ryanair fined heavily by Italian Competi-tion Authority over mass cancelations

Ryanair has been fined €1.85 million (US$2.19 million) by the Italian competition author-ity AGCM in relation to the mass cancelation of flights. AGCM confirmed that it launched the ac-tion as a consequence of “incorrect commercial

Air BP, the international aviation fuel products and service supplier has strengthened its Aus-tralian network. Following the addition of Bundaberg airport (BDB/YBUD) in Queensland and Busselton airport (BQB/YBLN) in Western Australia in March, the company has now started supplying Jet A-1 fuel at Cloncurry airport (CNJ/YCCY) in Queensland. The three locations will serve both commercial and general aviation customers and brings the number of Australian airports where Air BP offers refuelling services to 76. Air BP’s commitment to delivering the most comprehensive fuelling network in the country is underpinned by their extensive opera-tional experience in Australia and understanding of the need for safe, fit-for-purpose fuelling services at regional airports. On June 1, Air BP added Jet A-1 to their supply of Avgas at Clon-curry airport following demand from customers such as Virgin Australia and Qantaslink, who operate regular scheduled services from the airport. Air BP’s operations at Bundaberg airport started on March 26. Located 400km from the state capital of Brisbane at the southern tip of the Great Barrier Reef, it serves a growing customer base including Qantas and Virgin Austral-ia. It is one of the operational bases of the renowned Royal Flying Doctor Service (RFDS), who recently announced that Air BP had become a National Partner. Expansion plans are currently underway at Bundaberg for an aeromedical precint. Air BP has invested in two new 110,000 litre jet fuel tanks and a self-serve facility at Busselton airport. Following three months of plan-ning, the new tanks were completed in February and tested ahead of the first fuelling on 13 March. Air BP’s investment will support the airport’s expansion which includes a new terminal and extended runway. Located 220km south of Perth, Busselton serves the popular Margaret River wine region

Air BP refuels an operator’s aircraft in Australia Photo: Air BP

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Page 10: ISSN 1718-7966 JUNE 18, 2018/ VOL. 645 Weekly Aviation ... · folio and two Airbus A320 Family aircraft and one Boeing 737 Classic from AerCap’s managed portfolio. The Company continues

10Weekly Aviation Headline News

The Brussels Airlines management and union delegates have worked together in the past weeks to further improve the working conditions of the airline’s pilot community. The airline and its social partners have discussed the proposal that will be submitted to the Brussels Airlines’ pilots for referendum in the coming days. The current proposal is the result of a joint work-ing group that focused mainly on the improve-ment of the current duty and rest time rules and other measures further enhancing the work-life balance of the pilots, as well as a compensation plan. The new proposal represents an important investment both financially as well as in terms

OTHER NEWS

• SAS Scandinavian Airlines has reported traffic results for May 2018. Scheduled traffic in-creased 1.6% compared to the previous year, while capacity increased 1.5%. The load factor increased to 74.1%, up 0.1 point versus last year.

• Southwest Airlines has report-

ed its May traffic statistics. Traf-fic in May 2018 increased 4.2% compared to May 2017, while capacity increased 5.2%. The May 2018 load factor was 84.6% compared with 85.4% in May 2017.

• WestJet has reported May 2018 traffic results with a load

factor of 82.2%, an increase of 1.6 points year over year. Traffic increased 7.5% year over year, while capacity grew 5.4% over the same period. WestJet wel-comed an additional 147,000 guests in May, a year-over-year increase of 7.5%.

• In May 2018, the airlines of

the Lufthansa Group welcomed around 12.9 million passengers. This shows an increase of 11% compared to the previous year. Capacity was up 7.8% over the previous year at the same time; sales increased by 8.3%. The seat load factor increased by 0.4 points compared to May 2017, to 79.4%.

PASSENGER STATISTICS - MAY

has opened a new office in Los Angeles, in line with its strategy to grow its geographical foot-print. The office, which opened on June 4, 2018, will service southern California and the broader West Coast markets, strengthening Air Partner’s existing US network, which includes New York, Fort Lauderdale and Washington D.C. The an-nouncement of the L.A. office coincides with Air Partner reporting strong trading in the U.S. as part of its full year results, released on Mon-day 11 June, 2018. The Group’s U.S.-based Com-mercial Jets, Private Jets and Freight charter di-visions all performed well. Air Partner’s Private Jets business reported an 80% rise in overall US customer numbers, driven by last year’s New York office expansion, the recruitment of new management, and the Air Partner JetCard being recognized as the most flexible US membership program by independent aviation consultancy Conklin & de Decker for the fourth consecu-tive year. Meanwhile, the Commercial Jets and Freight divisions were kept busy responding to customers’ needs in the face of hurricanes Irma and Maria, which hit the U.S. and the Caribbean in September.

Ryanair will open a new base at London South-end, from April 2019, with three based aircraft (an investment of US$300 million) and 13 new routes to eight countries, including Alicante, Barcelona Reus, Bilbao, Brest, Corfu, Cluj, Dub-lin, Faro, Kosice, Malaga, Milan Bergamo, Palma and Venice, which will deliver one million guests annually at London Southend Airport.

With ongoing robust traffic growth in May 2018, Frankfurt Airport (FRA) welcomed some 6.1 mil-lion passengers and registered a 9.5% increase compared to the previous year. Factors contrib-uting to this growth included the occurrence in May 2018 of several extended holiday week-ends, as well as school breaks in some German states. In addition, increased capacity on FRA’s European routes spurred passenger growth. During the January-to-May period, FRA achieved accumulated passenger growth of 8.9%. Car-go throughput (airfreight + airmail) dropped

of resources for the company and also answer-ing the majority of the concerns of the Brussels Airlines’ cockpit community. Based on the pro-posal, Brussels Airlines hopes that an agreement can be reached.

Turkish Airlines’ Turkish Cargo has signed a part-nership deal with Chinese cargo giant, ZTO, and Hong Kong-based PAL Air. This partnership is a huge strategic step for Turkey prior to the open-ing of the Istanbul New Airport and is hailed as a game changer for the global express transport business. “The Istanbul New Airport opens on October 29th this year and it will function as Turkish Airlines’ main operating hub. This mega hub will eventually provide Turkish Cargo with up to four million tons of cargo handling capac-ity, becoming one of the top air cargo brands in the world. The joint venture is expected to gen-erate over US$2 billion of revenue, annually, by its fifth year,” said Mr. M. İlker Aycı, Chairman of the Board and the Executive Committee, Turkish Airlines. The services of the new global express joint venture company, which will be based in Hong Kong, will include all door-to-door logis-tics’ activities; trucking, collection & distribu-tion, freight transportation, cross docking and last mile delivery. It will also include warehouse management, and order and supply chain man-agement when necessary. ZTO is the world’s largest parcel distributor, delivering 28 million parcels a day. Recently, global giant Alibaba Group announced it was buying 10% of ZTO Ex-press with an investment of US$1.38 billion.

Swoop has officially been granted its air operat-ing certificate (AOC) approval by Transportation Canada, with just over a week to go until its in-augural flight from Hamilton, ON to Abbotsford, BC. “Receiving our air operators certificate ticks the last check-box,” said Steven Greenway, Presi-dent and Chief Executive Officer, Swoop. “We’re immensely proud of the Swoop inflight, mainte-nance and operations teams for getting us here. And we’re ready for takeoff on June 20.”

Air Partner, the global aviation services group,

practice” which resulted from the cancelation of thousands of flights owing to “organizational and management problems.” The fine is not purely for the fact that the flight cancelations were as a result of administrative failings as op-posed to unforeseen problems beyond the car-rier’s control, but also the failure of Ryanair to correctly inform affected passengers of their right to financial compensation. Instead of being made aware of all options open to them, affect-ed passengers were only offered the choice of changing their ticket or getting a refund. The lev-el of fine was lower than it might have been as Ryanair updated their website in February and contacted all passengers who had been affected, informing them fully of their rights and how they could exercise them. Ryanair’s problems began in September 2017 following a rostering foul-up which saw approaching 700,000 passengers sub-sequently affected by canceled flights through a lack of availability of standby pilots. The then COO Michael Hickey, who was responsible for the pilots’ roster, resigned at the end of October last year as a consequence.

FINANCIAL NEWS

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11Weekly Aviation Headline News

AviTrader Publications Corp.Suite 305, South Tower

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outside the company. Dirk Prehn, Head of Programs & Sales and a member of the Ex-ecutive Board of the RUAG Aerostructures division, will assume the management of the division on a temporary basis and will be responsible for its 1,250 employees and the production facilities in Oberpfaffen-hofen (Germany), Emmen (Switzerland) and Eger (Hungary).

• Arnaud de Bussac has been appointed Vice President Strategy of Safran Nacelles. He has joined the Executive Committee and reports directly to Cédric Goubet, CEO of Safran Nacelles. De Bussac is re-sponsible for supervising strategic think-ing and the related action plan, in order to enhance the company’s positioning in its core market. He joined Safran Nacelles in 2010 as Vice President Procurement & Partnership and is a member of the Safran Nacelles Executive Committee. In early 2016, de Bussac was appointed Vice Presi-dent Purchasing.

• GA Telesis Engine Services Oy (GATES) has appointed Carsten Holm as Chief Com-mercial Officer (CCO). Holm, who previ-ously served as GATES Chief Operations Officer (COO), is responsible for driving commercial solutions for GATES’ business, including the development and implemen-tation of supply chain and inventory strat-egies, while furthering the internal repair business.

• In the context of the most recent gen-eral assembly of the Air Cargo Communi-ty Frankfurt (ACCF) Michael Hoppe, Secretary General of the Board of Airline Representatives in Germany (BARIG), was reconfirmed

as Executive Board member of the com-munity. Hoppe has been part of the ACCF since its foundation in 2014. As Secretary General of BARIG he there represents the interests of over 100 national and interna-tional cargo and passenger airlines.

• At the end of June, Dr. Alexander Tous-saint will step down from his position as CEO of RUAG Aerostructures at his own request in order to pursue a new challenge

INDUSTRY PEOPLE

slightly by 1.1% to 184,555 metric tons in May 2018. Accumulated maximum takeoff weights (MTOWs) expanded by 6.0% to some 2.8 mil-lion metric tons. Aircraft movements climbed by 9.0% to 45,708 takeoffs and landings. Across the Group, airports in Fraport’s international port-folio all recorded strong performance in May 2018. Ljubljana Airport (LJU) in Slovenia’s capi-tal city served 167,257 passengers, represent-ing an increase of 14.4%. Fraport’s two Brazil-ian airports in Fortaleza (FOR) and Porto Alegre (POA) reported combined traffic growth of 3.2% to about 1.1 million passengers. Traffic at the 14 Greek regional airports surged by 21.0% to 3.1 million passengers overall. The busiest of the Greek airports included Rhodes Airport (RHO) with 632,152 passengers (up 19.7%), Thessa-loniki Airport (SKG) with 609,120 passengers (up 16.8%), and Chania Airport (CHQ) with 374,089 passengers (up 13.8%). Peru’s Lima Airport (LIM) posted 11.9% traffic growth to about 1.9 million passengers. At the Twin Star airports of Burgas (BOJ) and Varna (VAR) on the Bulgarian Black Sea coast, passenger numbers soared by 39.3% to a total of 331,648 passengers. Traffic at Antalya Airport (AYT) in Turkey jumped by 36.3% to around 3.5 million passengers. Hanover Air-port (HAJ) in northern Germany registered a 5.6% traffic gain to 574,109 passengers. Pulkovo Airport (LED) in St. Petersburg, Russia, saw traf-fic advance by 12.9% to some 1.6 million pas-sengers. In China, Xi’an Airport (XIY) welcomed about 3.8 million passengers, representing an increase of 9.5%.

OTHER NEWS

Farnborough International AirshowJuly 16 - 22, 2018

Engine Leasing SeminarSeptember 18, 2018 – Copthorne Tara Hotel, Kensington, London, UK

Transactional Support & Risk Management Seminar, LondonSeptember 19, 2018 – Copthorne Tara Hotel, Kensington, London, UK

MRO EuropeOctober 16 - 18, 2018 – Amsterdam

Aircraft Economic Life Summit 2018November 20, 2018 – Gibson Hotel, Dublin, Ireland

Michael Hoppe

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Page 1 of 4June 18, 2018

Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

A319-100 ORIX Aviation V2522-A5 1604 2001 Q1/2019 Sale Oisin Riordan [email protected] +353 86 335 0004

A319-100 ORIX Aviation V2522-A5 1445 2001 Q4/2019 Sale Oisin Riordan [email protected] +353 86 335 0004

A330-343 (2x) SkyWorks Leasing Trent 772B-60 various 2006 Sep 2018 Sale / Lease Arif Husain [email protected] +1 203-376-8164

A340-300 GA Telesis CFM56-5C4 433 2001 Q1/2018 Sale Kevin Milligan [email protected] +1 954-676-3111

A340-300 GA Telesis CFM56-5C4 541 2003 Q1/2018 Sale Kevin Milligan [email protected] +1 954-676-3111

B737-300 Aersale CFM56-3 27707 1995 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238

B737-300 Aersale CFM56-3 27926 1995 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238

B737-400 Safair Operations Freighter Now ACMI only C. Schoonderwoerd [email protected] +27 11 928 0000

B737-400 Aersale CFM56-3C1 24688 1990 Now Sale / Lease Craig Wright [email protected] +1 305 764 3238

B737-5H6 Bristol Associates CFM56-3C1 26445 1992 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B737-800 ORIX Aviation CFM56-7B24E 40317 2012 Q4/2019 Sale / Lease Oisin Riordan [email protected] +353 86 335 0004

B737-800 ORIX Aviation CFM56-7B24E 40287 2012 Q1/2019 Sale / Lease Oisin Riordan [email protected] +353 86 335 0004

B737-800 ORIX Aviation CFM56-7B26/3 38015 2011 Q1/2019 Sale / Lease Cian Coakley [email protected] +852 9178 8055

B747-400 Bristol Associates 28812 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B747-400 Bristol Associates 30023 2000 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

B747-400 GA Telesis RB211-524 26637 1992 Now Sale Eddo Weijer [email protected] +1 954 676 3111

B747-400 GA Telesis PW4000 29950 2000 Now Sale Stuart Weinroth [email protected] +1 954 676 3111

B757-223 (7x) Jetran RB211-535E4B various 91/92 Now Lease Nick Blowers [email protected] +1 (210) 269 3471

B777-200ER GA Telesis 28999 Now Sale Stuart Weinroth [email protected] +1 954 676 3111

B777-200ER GA Telesis 28523 Now Sale Stuart Weinroth [email protected] +1 954 676 3111

DC8 Aersale No engines 46094 1969 Now Sale Craig Wright [email protected] +1 305 764 3238

Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

ATR72-212 C&L Aviation Group PW127 434 1994 Now Sale Donald Kamenz [email protected] +1 207-951-6259

ATR72-212 C&L Aviation Group PW127 425 1994 Now Sale Donald Kamenz [email protected] +1 207-951-6259

ATR72-212 C&L Aviation Group PW127 420 1994 Now Sale Donald Kamenz [email protected] +1 207-951-6259

ATR72-202 Cargo C&L Aviation Group PW124B 455 1995 Now Sale Donald Kamenz [email protected] +1 207-951-6259

ATR72-500F Castlelake PW100-127F 0585 1999 Now Sale Michael Hackett [email protected] +442071906120

CRJ-200LR Regional One CF34-3B1 7369 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

CRJ-700 Regional One CF34-8C5B1 10205 2005 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

CRJ-900LR Regional One CF34-8C5 15111 2007 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 323 1992 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

DASH8-311 Regional One PW123B 325 1992 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

Do 328-100 (3x) Jetran PW119B/C various 94-96 Now Lease Nick Blowers [email protected] +1 (210) 269 3471

E190AR (5x) SkyWorks Leasing CF34-10E5A1 various 06-07 Sep 2018 Sale / Lease Arif Husain [email protected] +1 203-376-8164

ERJ-170LR AerFin CF34-8E 1700123 Now Sale / Lease Auvinash Narayen [email protected] +44 (0) 7766384581

ERJ-145 Regional One AE3007A1P 145291 2000 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

ERJ-145 Regional One AE3007A1P 145768 2003 Now Sale / Lease Chris Furlan [email protected] +1(305) 759-0670 Ext.164

SF340B C&L Aviation Group CT7-9B 194 1990 Now Sale / Lease Fred Dibble [email protected] +1 207-217-6128

SF340B+ C&L Aviation Group CT7-9B 425 1997 Now Sale Donald Kamenz [email protected] +1 207-217-6259

SF340B+ C&L Aviation Group CT7-5A 368 1995 Now Sale Donald Kamenz [email protected] +1 207-217-6259

SF340A Cargo C&L Aviation Group CT7-5A 046 1986 Now Sale Fred Dibble [email protected] +1 207-217-6128

Regional Jet / Turboprop Aircraft

Commercial Jet Aircraft

East Africa

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Page 2 of 4June 18, 2018

Contact Email Phone

Sherry Riley [email protected] +1(513)782-4272

Contact Email Phone

(3) AE3007A1P Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 786-623-3936

(2) AE3007 Now - Sale GA Telesis Eddo Weijer [email protected] +1 954 676 3111

Contact Email Phone

CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368

CF34-10E Now - Lease

CF34-8C Now - Lease

CF34-3B1 Now - Lease

CF34-3A Now - Sale / Lease

(2) CF34-8C5B1 Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164

(1) CF34-3B1 Now - Sale / Lease

(1) CF34-10E5A1 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(1) CF34-3B1 Now - Sale

(1) CF34-8E5A1 Now - Lease Bill Polyi [email protected] +1 (704) 504 9204 x202

(1) CF34-10E6 Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717

(1) CF34-10E7 Now - Lease

Sherry Riley [email protected] +1 (513) 782-4272

(1) CF34-10E6 Now - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CF34-10E5A1 Now - Lease

Contact Email Phone

(1) CF6-80C2B1F Now - Sale / Lease AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534

(1) CF6-80C2A5 Now - Sale / Lease Alan Kehoe [email protected] +353 879 393 534

(1) CF6-80C2B6 Now - Sale / Lease Alan Kehoe [email protected] +353 879 393 534

(1) CF6-80C2B6F Now - Sale / Lease Matthew White [email protected] +353 1475 3005

(1) CF6-80C2B7F Now - Sale / Lease Matthew White [email protected] +353 1475 3005

(1) CF6-80C2B1F Now - Lease TrueAero Chris Luke [email protected] +1 (772) 783 2300

(1) CF6-80C2B7F Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(5) CF6-80C2B1F Now - Sale [email protected]

Contact Email Phone

(1) CFM56-3C1 Now - Sale / Lease Calum MacLeod [email protected] +49 8025 993610

(2) CFM56-5B Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(2) CFM56-7B26 Now - Sale

(1) CFM56-7B26/E Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717

(1) CFM56-7B26 Now - Lease

(1) CFM56-7B27 Now - Lease

(2) CFM56-3C1 Now - Sale / Lease AerSale. Inc. Alan Kehoe [email protected] +353 879 393 534

(1) CFM56-5C4 Now - Sale / Lease

Sherry Riley [email protected] +1(513)782-4272

(1) CFM56-7B20 TRUEngineTM Now - Sale / Exchange CFM Materials Jimmy Hill [email protected] +1 214-988-6670

(1) CFM56-7B24 TRUEngineTM Now - Sale / Exchange

(1) CFM56-7B27 TRUEngineTM Now - Sale / Exchange

(1) CFM56-5B4/P TRUEngineTM Now - Sale / Exchange

CF34-8E(s)

Magellan Aviation Group

Company

Multiple Types

Company

Willis Lease

CF34 Engines

Now - Sale / Lease

Company

CFM Engines Sale / Lease

Company

GECAS Engine LeasingMultiple Engines GE / CFM / RB211

Sale / Lease

Commerical EnginesCompany

(2) CFM56-5A

AE3007 Engines Sale / Lease

GECAS Engine Leasing

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Sale / LeaseCF6 Engines

GECAS Engine LeasingNow - Sale

Royal Aero

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GECASEngine Leasing

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Page 3 of 4June 18, 2018

(1) CFM56-5B Now - Sale / Lease AerFin Oliver James [email protected] +44 (0) 7930463293

(1) CFM56-5B Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430

(1) CFM56-7B Now - Sale/Lease/Exch.

(1) CFM56-5B3/P Bill Polyi [email protected] +1 (704) 504 9204 x202

(1) CFM56-7B26 Now - Sale / Lease

(1) CFM56-7B26 Now - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) CFM56-7B24/3 Soon - Lease

Contact Email Phone

CT7-9B Sale C&L Aviation Group Martin Cooper [email protected] +1 207-217-6106

Contact Email Phone

(1) JT8D-219 Now - Sale GA Telesis Eddo Weijer [email protected] +1 954 676 3111

(1) JT8D-217C Now - Sale AZURE RESOURCES INC. Jeff Young [email protected] 1-954-249-7935

Contact Email Phone

(2) GEnx Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

Contact Email Phone

(2) LEAP-1A33 Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) LEAP-1B28 Soon - Lease

Contact Email Phone

(1) PW121 Bill Polyi [email protected] +1 (704) 504 9204 x202

(1) PW123B/D/E

(1) PW127E/F/M

(1) PW150A

(2) PW121 (ATR) Now - Sale/Lease/Exch. David Desaulniers [email protected] +1 415 516 4837

(2) PW121-8 Now - Sale/Lease/Exch.

(1) PW123 Now - Sale/Lease/Exch.

(1) PW127 Now - Sale/Lease/Exch.

(2) PW150A Now - Sale/Lease/Exch.

(1) PW127M Now - Sale/Lease/Exch.

(2) PW127F Now - Sale/Lease/Exch.

(2) PW124B Now - Sale/Lease/Exch.

(1) PW120A Now - Sale / Lease Regional One Chris Furlan [email protected] +1(305) 759-0670 Ext.164

(1) PW120 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(1) PW123E Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(4) PW126 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

(1) PW121 Now - Sale/Lease/Exch. Miguel Bolivar [email protected] +1 (786)-623-3936

PW119B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368

PW119B Now - Lease

PW120A Now - Lease

PW121 (ATR) Now - Lease

PW124B Now - Lease

PW123B Now - Lease

PW125B Now - Lease

PW127F Now - Lease

PW150A Now - Lease

PW127M Now - Lease

PW150 GRB Now - Lease

PW127 Sale C&L Aviation Group Martin Cooper [email protected] +1 207-217-6106

(1) PW124B Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262

(2) PW127E/F Remi Krys [email protected] +33.6.2079.1039

(4) PW127M

(1) PW120 / PW121 Now - Sale / Lease Calum MacLeod [email protected] +49 8025 993610

Contact Email Phone

(2) PW4056-1 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(1) PW4168A Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

JT8D and JT9D Engines

LEAP Engines Sale / Lease

CT7 Engines Sale / Lease

Now - Sale / Lease Magellan Aviation Group

Willis Lease

Sale / Lease

Company

Company

Commerical Engines (cont.)

Now - Sale / Lease

Now - Sale / Lease

Magellan Aviation Group

Willis Lease

GEnx Engines Sale / Lease

PW Small Engines

Company

CompanyPW4000 Engines Sale / Lease

Now - Sale / Lease

Company

Now - Sale / Lease

Willis Lease

Willis Lease

(1) PW124B

Company

Willis Lease

Royal Aero

Sale / Lease

Now - Sale / Lease

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Page 4 of 4June 18, 2018

(1) PW4056-3 Now - Sale/Lease Jet Midwest Kevin Lee [email protected] +1-310-652-0296

(1) PW4060-3 Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005

(1) PW4062-3 Now - Sale / Lease Matthew White [email protected] +353 1475 3005

(1) PW4158-3 Apr 18 - Lease Alan Kehoe [email protected] +353 879 393 534

(1) PW4056-3 Now - Sale / Lease Alan Kehoe [email protected] +353 879 393 534

Contact Email Phone

(1) RB211-535 Now - Sale / Lease Jet Midwest Dave Williams [email protected] +1-817-791-4930

(1) RB211-535E4 Apr 18 - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 1475 3005

Contact Email Phone

(3) Trent 800 Now - Sale GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(1)Trent 892 Now - Sale/Lease/Exch. AerSale. Inc. Matthew White [email protected] +353 1475 3005

(2) Trent 892 Now - Sale / Lease TrueAero, LLC. Matt Parker [email protected] +1 469-607-6110

(4) Trent 556 Now - Sale / Lease

(1) Trent 772B Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078

Contact Email Phone

1) V2533-A5 w/QEC Now - Sale/Lease/Exch. Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078

(1) V2527-A5 Soon - Lease Jennifer Merriam [email protected] +1 (415) 408 4742

(1) V2533-A5 Soon - Lease

(1) V2527-A5 Now - Lease Engine Lease Finance Declan Madigan [email protected] +353 61 291717

(1) V2530-A5 Now - Lease

(1) V2533-A5 Now - Sale/Lease/Exch. Werner Aero Services Cliff Topham [email protected] +1-703-402-7430

Description Contact Email Phone

(1) A320-200 Landing Gear Now - Sale TrueAero, LLC Matt Parker [email protected] +1 469-607-6110

(1) A330-300 Landing Gear Now - Sale

(2) A340-600 Landing Gear Now - Sale

(1) A340-300 Landing Gear Now - Sale

(2) GTCP331-500 Now - Sale

(2) GTCP331-500B Now - Sale/Lease/Exch.

(1) APS 3200 Now - Sale/Lease/Exch.

767-300ER 413K, 737-300 LANDING GEAR Now - Sale/Lease/Exch. AZURE RESOURCES INC. Jeff Young [email protected] 1-954-249-7935

GTCP36-300A, GTCP85-98DHF APU Now - Sale/Lease/Exch.

A320 Nose Landing Gear Now - Sale/Lease/Exch.

CFM56-3 LPT MODULE, REPAIRED Now - Sale/Lease/Exch.

CFM56-3 ENGINE STAND Now - Lease

(1) GTCP36-150RJ, (2) GTCP36-100M, Now - Sale/Lease/Exch. Regional One Miguel Bolivar [email protected] +1 (786)-623-3936

(1) RE220RJ, (1) PW126 RGB, (1) PW901A

(1) APS1000-C12, (1) APS1000-C3

GTCP131-9A (2), GTCP131-9B(2) Now - Lease REVIMA APU Olivier Hy [email protected] +33(0)235563515

GTCP331-200, GTCP331-250 Now - Lease

APS500C14(3), APS1000C12(2), APS2000 Now - Lease

APS2300, APS3200(2), APS5000(2) Now - Lease

PW901A(4), PW901C(2) Now - Sale / Lease

TSCP700-4E Now - Sale

Neutral CFM56-5B & CFM56-7B QEC Kits Now - Sale CFM Materials Michael Arellano [email protected] +1 214-988-6676

(multiple) APS2300, (1) GTCP331-350C Now - Sale / Lease AirFin Nick Filce [email protected] +44 7770 618 791

(1) GTCP36-300A, (1) GTCP131-9A

GTCP131-9A, GTCP131-9B , GTCP331-350C Now - Sale/Lease/Exch. Logix.Aero Jean-Christian Morin [email protected] +33.6.4782.4262

GTCP331-500B, GTCP331-200/250, Rich Lewsley [email protected] +44.79.0021.8657

APS3200, APS2300, GTCP85-129H

Soon - Lease Willis Lease Jennifer Merriam [email protected] +1 (415) 408 4742

Now - Lease

Now - Sale / Lease GA Telesis Dave Dicken [email protected] +1 954-676-3111

National Aero Stands [email protected] + 1 305-558-8973

Now - Sale / Lease Werner Aero Services Julien Levy [email protected] +1 201-674-9999

Now - Sale / Lease

Now - Sale / Lease

Reliance Aircraft Terry Hix [email protected] +1 512-439-6988

(2) PW901A, (1) PW901C(1), PW125B RGB Now - Lease Lufthansa Technik AERO Alzey Kai Ebach [email protected] +49-6731-497-368

Commerical Engines (cont.)

(2) GTCP131-9B, (2) GTCP131-9A

V2500 Engines

Trent Engines

RB211 Engines

Company

Sale / Lease

Sale / Lease

APU GTCP 331-500

Engine stands now available

Company

Company

Sale / Lease

Aircraft and Engine Parts, Components and Misc. Equipment

767-300 Winglets, LH-RH P/N 767-0010-5, -6, -7 & -8, SV- Now Sale

GTCP131-9A, GTCP 131-9B

ENGINE STANDS: Trent 800, PW4000 112"/V2500

/ CFM56/ PW2000 & Bootstrap kits

GTCP36-300A, 737-800 Winglets

737-700 & 737-800 Landing Gear

Willis Lease

Company