The 2014 Singapore Airshow (February 11-16) fulfilled its promise as Asia’s leading aerospace and defense industry gathering, with an exhibitor base of more than 1,000 companies from 47 countries, representing about a 10-percent increase on the last staging of the biennial event.
Airbus Helicopters (Booth No. 523) is introducing a “pay as you fly” component support program (CSP) for operators of new and used helicopters. The program features “aggressive” flat per-flight-hour charges billed monthly and has a flexible buy-in. It includes customized customer maintenance forecasting. The Airbus CSP will initially be available for all EC120, EC130, AS350, AS355, EC135, EC145, EC155, AS365, AS332 and EC225 models.
Sometimes an understanding means the potential for sales, and sometimes it is the beginning of something much, much broader. That was the case when Portland, Ore.-based Erickson and Airbus Helicopters came together yesterday at Heli-Expo 2014 to sign an MOU to explore new opportunities between the two companies. This comes on the heels of two acquisitions in 2013 by Erickson, namely Evergreen Helicopters and Air Amazonia.
Airbus Helicopters saw stable revenues and profit last year: €6.3 billion ($8.7 billion) and €397 million ($546 million), respectively, according to the financial results Airbus Group unveiled on Wednesday in Toulouse. The company delivered 497 helicopters and recorded orders for 422 more, compared with 469 the previous year. However, the value of the orders increased year over year, by 7 percent, to €5.8 billion ($7.9 billion). The civil market accounted for 55 percent of revenues. The backlog, as of December 31, stood at 995 helicopters worth €12.4 billion ($17 billion).
New Airbus Helicopter CEO Guillaume Faury and the head of its U.S. arm, Marc Paganini, were visibly penitent when discussing the company’s traditionally problematic customer service yesterday at Heli-Expo. Faury left no doubt that he is committed to focusing more company resources and attention on product support. “It is time for new priorities,” he said. Paganini echoed that sentiment, admitting, “We need to do better.”
Airbus Helicopters saw stable revenues and profit last year: €6.3 billion ($8.7 billion) and €397 million ($546 million), respectively, according to the financial results Airbus Group unveiled today in Toulouse. The company delivered 497 helicopters and recorded orders for 422 more, compared with orders for 469 the previous year. However, the value of the orders increased year-over-year by 7 percent, to €5.8 billion ($7.9 billion). The civil market accounted for 55 percent of revenues. The backlog, as of December 31, stood at 995 helicopters worth €12.4 billion ($17 billion).
Waypoint Leasing Services placed orders with Airbus Helicopters for 12 EC225s and 25 EC145T2s yesterday at Heli-Expo. Deliveries will commence this year and continue through 2017. Financial details of the order were not disclosed. Waypoint purchased two EC225s last year that are currently leased for offshore oil and gas operations in Australia. The helicopter leasing firm has $375 million in financing from two family funds and an additional $325 million in credit from Credit Suisse, CIT Bank and SunTrust.
Vector Aerospace Helicopter Services North America (Vector HS-NA) has introduced new services at its facility in Richmond, B.C., Canada, covering the Airbus Helicopters AS350, AS355 and EC130B4. A factory-approved maintenance and repair center, Vector HS-NA offers 12-year inspection service as well as structural repair capability on canopies, floors and aft structural assemblies, tail booms and vertical stabilizers. Also available are full component overhauls on Arriel 1 and Arriel 2 turboshafts, including lease and exchange engines.
On the day that Airbus sent two more A350 development aircraft on their maiden voyages, bringing the test fleet to four, Airbus Group announced during its 2013 annual results press conference that the delayed program had incurred a €434 million charge.
Rolls-Royce on Wednesday revealed plans for a new generation of engine designs to replace the current Trent family. The first, called Advance, would reach the market by the end of this decade, burning at least 20 percent less fuel and emitting 20 percent less CO2 than the first generation of Trent engine. The second, dubbed UltraFan, would enter service by 2025 and use a geared design and a variable-pitch fan system capable of delivering at least a 25-percent improvement in fuel burn and emissions.