Even though the year ended with doom and gloom, the Indian air transport sector couldn’t have asked for a better beginning to 2012 with its largest budget carrier, IndiGo, signing a memorandum of understanding for the biggest commercial aviation deal in history valued at approximately $15.6 billion. The deal, which was subsequently firmed up, called for 180 of Airbus’ A320 family narrowbodies. This topped an earlier order by the carrier for 100 aircraft and seemed a clear indication that the Indian market is back on track after suffering severe losses during 2008- 2009.
Boeing (Booth U23) has secured a launch customer for the new version of its electronic logbook (ELB): Singapore Airlines (SIA). Developed with Albuquerque, New Mexico-based Ultramain Systems, the ELB is designed to improve communications between pilots, ground crews, maintenance technicians and engineering personnel. SIA will install the ELB on its Boeing 777s.
Lufthansa Technik Philippines (LTP) has opened a $30 million widebody hangar at Manila’s Ninoy Aquino International Airport, joining two others at the site. The 91,500-sq-ft building has a 115-foot ceiling and has space for a widebody and a pair of narrowbodies to be worked on simultaneously.
Even as Asia Pacific airlines survived a testing 2011, overcapacity as a result of increased fleet orders is still concerning investors, who are already less willing to finance procurements in the current debt-laden environment. This was the message from Sydney-based thinktank, the Center for Asia Pacific Aviation (CAPA) at the Low Cost Airlines Asia summit here in Singapore last week.
Matt Zuccaro, president of the Helicopter Association International (HAI), wants attendees of Heli-Expo to understand right up front that he and his association members are team players. “Too often in the past, helicopters were seen as a segment of aviation unto itself,” he explained. To help correct that misconception, Zuccaro invited the leaders of several key aviation associations to an onstage dialogue at 9 a.m., Monday, February 13.
Asia Pacific-based airlines carried 190 million international passengers last year, a 3.5-percent increase from 2010, according to preliminary data released in late January by the Association of Asia Pacific Airlines (AAPA). International passenger traffic (measured in revenue passenger kilometers) climbed 3.7 percent, while capacity growth for the year edged up by 6.3 percent. Since capacity outstripped traffic demand, the average international passenger load factor fell two percentage points to 76.4 percent.
NetJets Europe launched the first direct financing product for the fractional industry in Europe, providing new clients with an alternative financing method with rates comparable to those offered by major financial institutions.
Lufthansa Technik is now the sole owner of used aircraft spare parts supplier AirLiance Materials. The acquisition was completed when Lufthansa Technik acquired the shares previously held by minority owners United Airlines and Air Canada.
CitationAir has stopped selling fractional shares in new aircraft and ceased renewals for current fractional-share customers, the Cessna Aircraft subsidiary confirmed to AIN yesterday. Effective last week, “CitationAir will be streamlining our offerings to deliver those products in our portfolio that have demonstrated the greatest customer demand,” CitationAir president and CEO William Schultz wrote in an email sent to employees.
Bombardier Aerospace selected Phoenix-based Aviation Performance Solutions to provide live upset recovery training as part of its Leading Edge Program offered to Learjet, Challenger and Global customers. Like its Safety Standdowns, “The Bombardier Leading Edge program promotes knowledge and skills-based training along with each individual pilot’s discipline and responsibility as essential elements of aviation professionalism and safety,” said Capt. Rick Rowe, manager of Safety Standdown programs at Bombardier.