STS Component Solutions has opened a new support office in Turkey and hired Omur Basol to spearhead its marketing and sales activities. Basol is a former purchasing executive for several Turkish airlines and MROs. The new office complements existing locations in the U.S., Brazil, Europe and Singapore. “Expanding our global footprint is an essential step in our strategic growth strategy,” said Tom Covella, group president. “We are excited to provide expanded support to our customers while continuing to meet growing demands within the Turkish region.”
In response to the apparent shooting down of Malaysia Airlines Flight MH17, the International Air Transport Association (IATA) denied even the possibility that any airline risks the safety of its passengers, crew and aircraft for the sake of saving fuel by taking the most direct flight routings. “Airlines depend on governments and ATC authorities to advise which airspace is available for flight and they plan within those limits,” said IATA director general and CEO Tony Tyler on July 18.
A team of ICAO investigators is expected to be dispatched this week to assist in the search for what brought down Malaysia Airlines Flight MH17 in eastern Ukraine on July 17. The Ukraine government officially requested the Montreal aviation organization’s help on July 18. Under ICAO’s Annex 13, the country where the accident happens is primarily responsible for conducting the investigation, unless, as in this case, that country requests additional assistance.
Malaysian Airlines has confirmed that one of its Boeing 777s has crashed in eastern Ukraine, about 31 miles from the border with Russia. Flight MH17 was en route from Amsterdam to Kuala Lumpur with 280 passengers and 15 crew on board. According to Ukrainian air traffic controllers, they lost contact with the aircraft at around 14.15 UTC almost 20 miles from the waypoint at Tamak.
The second quarter of 2014 has been good to ST Aerospace, which booked $520 million worth of contracts during the quarter.
ST Aerospace (Chalet B18/19) booked a five-year agreement with a regional airline in the U.S. for heavy maintenance on 42 Embraer E-170 and E-175 jets. The maintenance will be done at ST Aerospace’s San Antonio, Texas facility.
In Guangzhou, ST Aerospace received FAA, EASA and Chinese CAAC Part 145 approval. This makes it possible for the company to service aircraft registered under those authorities’ frameworks.
GE Aviation’s Flight Efficiency Services division is using big data techniques to help airlines to improve their profit margins with a particular focus on reducing fuel burn. “Fuel accounts for 40 percent of airline costs with around $215 billion spent on this each year,” said general manager Giovanni Spitale. “GE thinks that if machines can talk to each other using the industrial internet [a term coined by GE] we can make better sense of that [fuel consumption].”
In less than two months from now, the Aircraft Tracking Task Force (AATF), set up in May under the auspices of the International Air Transport Association (IATA) and the International Civil Aviation Organization (ICAO), is due present an interim report widely regarded by the industry as a key first step to avoid a repeat of a situation that continues to baffle and gravely concern the industry, namely: how on earth could a Malaysia Airlines Boeing 777 completely vanish on a flight from Kuala Lumpur to Beijing.
Day one of the 2014 Farnborough International Airshow proved to be a lucrative one for just about all manufacturers of airliners and the engines that power them. An approximate estimate of business announced here yesterday quickly topped $50 billion.
Established trends in predicted long-term jetliner requirements will likely continue with little change to the market breakdown by aircraft size, according to latest Boeing 20-year forecast statistics, which were unveiled in London on the eve of the 2014 Farnborough Airshow. Overall, the U.S.
Recognizing its potential to become a major industry player, China is finally moving toward greater liberalization of its aviation sector. The announcement followed on the heels of the Third Plenary Session held in November 2013. It was during this time that China’s new leaders, alongside the Civil Aviation Administration of China (CAAC), committed to a series of reforms geared to loosen the regulatory grip that has significantly hindered industry growth. Now, eight months later, signs of change are on the horizon.