Deliveries of civil turbine helicopters will recover slowly until they exceed their 2008 peak in 2018 and then reach a demand plateau, according to the Teal Group’s rotorcraft market forecast covering 2013 through 2022. The study predicts that 10,300 civil turbine helicopters worth $60.3 billion will enter service during that period.
Asset-management firm Victory Park Capital has sold its portfolio company Ascent Aviation Services to New Orleans-based private equity firm LongueVue Capital Partners II. The terms of the deal were not made public.
Industry leaders attending the Air Traffic Control Association (ATCA) conference in Washington last month made it clear that one of their major concerns is that additional sequestration cuts are likely to further slow the deployment of the FAA’s $40 billion NextGen air traffic management system.
The UK’s Civil Aviation Authority (CAA) has launched an industry-wide project to identify smaller airports within Britain that could benefit from the development of new instrument approach procedures. All industry sectors from airport managers to air traffic controllers to pilots and commercial operators are encouraged to offer suggestions on potential airport recipients.
Boeing and the Flight Safety Foundation have named Lee Wan-Lee of Taiwan’s Civil Aviation Authority the recipient of their lifetime achievement safety award for his work in flight standards, aircraft certification, regulatory upgrading, international safety cooperation and the dissemination of flight safety information. The award was announced at the FSF’s 66th annual International Aviation Safety Summit on October 30 in Washington.
Airbus cited sleep-study results in calling on airlines to set an 18-inch minimum seat width standard for long-haul flights. Organizations representing the airline industry said seating options should be left to individual carriers.
Delivery of the $40 billion NextGen ATC modernization will likely remain highly vulnerable to the vicissitudes of politics unless those charged with implementing the system work to protect its funding streams, senior industry leaders told the recent Air Traffic Control Association (ATCA) conference and exposition.
The new executive director at the European Aviation Safety Agency (EASA), Patrick Ky, sees the agency’s role paradoxically heightened by national budget cuts. During a recent interview with AIN near EASA headquarters in Cologne, Germany, he explained that most member states–even Germany–had seen nationwide monitoring missions severely affected. Countries such as the Czech Republic, Latvia, Estonia and Lithuania have cut jobs in administration, he added.
Horizon Air and the International Brotherhood of Teamsters reached a tentative agreement in late September on a five-year contract extension for the airline’s 280 mechanics, fleet service agents and other fleet support employees. According to Horizon parent company Alaska Air Group, the proposed deal calls for wage increases and several unnamed “quality-of -life enhancements.”
Bombardier announced last month that Luxair, the national airline of the Grand Duchy of Luxembourg, has placed a firm order for a Q400 turboprop and has taken an option on another. Luxair expects to take delivery of the 76-seat airplane next April.
Based on the Q400’s list price, Bombardier values the firm order at $32.2 million. If Luxair exercises its option, the value would rise to $65.78 million, said Bombardier.