Air BP signed an agreement today with Grupa Lotos to form a new 50-50 joint venture–Lotos-Air BP Polska–to manage the supply, logistics and marketing of aviation fuel in Poland to airline and general aviation customers. Alex Junge, Air BP’s performance unit leader for northern and central Europe, said general aviation customers will be able to use their Air BP Sterling card at all the new joint-venture locations. Air BP expects the deal to be sealed in the next six to eight weeks, subject to competition authority approval.
ST Aerospace announced that it has been awarded an exclusive component maintenance-by-the-hour contract worth $28 million by Spring Airlines Japan. This contract involves component repair management support for 22 of Spring Airlines Japan’s Boeing 737-800s.
Under the agreement, ST Aerospace will provide support for component repair and warranty management, as well as consignment and pool access to its global rotables inventory pool. It expects the new contract to take effect in the second half of 2013 and stretch over eight years.
The 2013 Paris Air Show is on track to be the one of the highest-value air shows ever in terms of new business announcements. A brief analysis by AIN showed that by the end of yesterday sales on the civil side alone had already topped $165 billion. This total covered airliners, helicopters, business aircraft and engines, but excluded any associated service contracts. It included a lot of as-yet unconfirmed options and commitments, but AIN did exclude any previously announced business (where the customer identity had simply been confirmed).
Neil Gallagher has joined Winner Aviation as its vice president of maintenance. In this newly created position, he will be responsible for the growth of the maintenance division by expanding Winner Aviation’s product line of aircraft maintenance services for current and prospective customers as well as developing new products and services. Gallagher began his career in 1984 as an F-16 mechanic and subsequently worked for Eastern, Midway and Airborne Express Airlines.
Rock-and-roll musician Bruce Dickinson (lead singer of Iron Maiden), who is also an airline pilot, was at the Paris Air Show this week, fired up with the news that he has won a £5 million investment in Cardiff Aviation, his Wales, UK-based aviation services company. Dickinson said that this would help the firm have a “much wider impact across the entire South Wales aerospace industry.”
Honeywell and Safran said they have completed the first major phase of testing of their electric green taxiing system (EGTS), which is installed on an Airbus A320 that will conduct daily demonstrations at the Paris Air Show through Friday. On Monday, the companies announced a memorandum of understanding with Air France to further develop the system. The agreement “will enable Air France to analyze the potential technical, operational and financial benefits of the EGTS,” according to the companies.
Boeing’s projection for more than 35,000 new airplanes over the next 20 years suggests a doubling of the size of today’s airliner fleet and a continuing trend in which airline traffic increases outpace economic growth.
Economic woes risk crippling Europe’s rollout schedule of a revolutionary system that could transform regional air travel because airlines are simply too wary to invest at a time of low growth.
Europe has now spent millions in developing a blueprint for a nigh-on perfect system with which to manage an eventual albeit belated explosion in the number of aircraft traveling through its congested skies.
The Singapore Airshow is Asia’s largest aviation event and one of the three most important aerospace and defense exhibitions in the world. Held biennially, it is organized and managed by Experia Events. The 2014 event, to be held at the Changi Exhibition Centre February 11 to 16, will be the fourth since it started as Singapore Airshow in 2008, under the new organizers.
Boeing’s projection for more than 35,000 new airplanes over the next 20 years suggests a doubling of the size of today’s airliner fleet and a continuing trend in which increases in airline traffic outpace economic growth. The outlook appears to reflect a growing confidence in the fidelity of the positive market indicators the company cited in its 2012 forecast, prompting the company to increase its projection for total airplanes by more than 1,000 units and value by some 7 percent.