The European Commission on Thursday adopted new guidelines for limiting state aid to regional airports and airlines, a move the EC claims will reduce competitive distortion by discouraging overcapacity at small, unprofitable facilities.
Air Transport and Cargo
News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.
UK regional airline Flybe has raised almost $260 million in fresh capital through a share flotation launched February 20 in London. The company, which has been battling to rebuild its business model with an aggressive program of cost cutting, is issuing a total of up to 141.5 million new shares to raise £155.6 million. The offer price on February 20 was 110p per share, representing a 7.2-percent discount on the stock’s 118.5p mid-market price on February 19.
Boeing 787 launch customer ANA reports dispatch reliability of 99.63 percent and 98.51 percent, respectively for its domestic-service and international Dreamliners, less in each case than its fleet average. The carrier said that it expects 787 reliability will improve as it gains more knowledge of the airplane, which continues to present technical issues.
India’s GPS-Aided Geo Augmented Navigation (Gagan) system, jointly developed by Airports Authority of India (AAI), the Indian Space Research Organization and Raytheon, has been awarded certification for in Required Navigation Performance (RNP) 0.1 operations. Achieved with the help of quasi-U.S. government non-profit MITRE Corporation, the certification makes it the world’s fourth SBAS system certified for operational use.
UK-based ACLAS Global is opening a $3 million spares warehouse in the Tax Free Zone at Singapore’s Changi airport to support its growing customers for ATR in the region. The facility that will maintain a range of rotables, consumables and de-ice product types, will be operational from Feb17.
As demand for aviation in Asia Pacific continues to grow, so does the requirement for training. In addition, infrastructure in the region’s growing economies has not kept pace with expansion, creating colossal challenges for airlines–as confirmed by Boeing’s Pilot & Technician Outlook on Asia Pacific, which states that demand for pilots in the region will increase by 7 percent in the next two decades.
L-3 Link Simulation & Training (Booth U75) has announced that its operation in Crawley, U.K., has been awarded a contract by Cathay Pacific to deliver two Airbus A350 full-flight simulators, two pilot transition trainers and multiple flight management system (FMS) trainers.
Cathay Pacific will install the equipment in its flight-training center at Hong Kong International Airport. It plans full operation of all systems during the third quarter of 2015 to support A350 fleet introduction the following year.
Dunlop Aircraft Tyres (Booth M93) is exhibiting new radial tires for regional aircraft including the Embraer E-Jets and ATR 42/72. “This product innovation, combined with our new tire distribution and retreading facility in China, gives aircraft operators increased choice…in this expanding market,” said Ian Edmonson, the company’s chairman. Dunlop’s Asia Pacific customers include China Eastern Airways, Lion Air, SpiceJet and Qantas link.
Almost a month after announcing the latest schedule delay of the CSeries airliner, Bombardier still won’t identify the precise reasons for the slippage. Although the company continues to point to a lack of “overall systems maturity” for the latest change in service entry target from September of this year to the second half of next year, it hasn’t identified from which system or systems the problems might stem.
The vibrant aerospace sector here in Singapore is perhaps best illustrated by the activities of Singapore Technologies Aerospace (ST Aerospace, Booth G01/L01). Last week, the company celebrated a $20 million revamp and expansion of its original home at Seletar with an official opening.