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Digest
August 2017

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AAR has opened a parts warehouse in Shanghai. The new supply chain hub was established to expedite the delivery of crucial aircraft components to operators and MROs in China. The warehouse will stock factory-new airframe and engine components from OEMs including Eaton, Unison, UTAS, Meggitt and Lord, fulfilling the needs of just about every type of aircraft operating in China today.

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AJW Group has signed an agreement with Aero Contractors, the Nigerian-based airline, to assist in the restructuring and upgrading of their MRO support services to C check capabilities for Boeing 737-300/400/500. In addition to their own fleet, Aero Contractors will be able to extend these services to third party operators both in-country and within region. Furthermore, AJW Group will also be focusing on the management of Aero Contractors’ assets to deliver an effective return on investment, disposal of Aero Contractors’ PW150 engines and support with engine shop visit management. AJW Capital, the Group’s principal investing division responsible for the purchase, sale and lease of large aviation-related capital assets, will facilitate the acquisition of two new Bombardier Q400 aircraft for Aero Contractors.

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Avtrade has opened a new regional warehouse in Hong Kong. There is a varied stock of Boeing and Airbus rotables, all of which is CAAC and FAA/EASA release certified.

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Boeing and FedEx Express will work together to fly the next ecoDemonstrator. Starting in 2018, a new Boeing 777 Freighter made for FedEx Express will test emerging technologies, such as propulsion advancements and flight deck innovations. The ecoDemonstrator programme, now in its fifth iteration, serves as a series of flying testbeds designed to improve the environmental performance and safety of future aircraft.


This round of ecoDemonstrator testing includes installing a compact thrust reverser developed by Boeing designed to save fuel; flight deck improvements that can improve efficient operations in and out of busy airports; and flying prototype aircraft parts using cutting-edge manufacturing techniques that reduce material waste.


Flight testing is scheduled to last approximately three months before the aircraft returns to the FedEx fleet.

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Boeing has released its 2017 Pilot and Technician Outlook, which shows a requirement for 648,000 new commercial airline maintenance technicians over the next 20 years. The 2017 outlook shows a slight decrease in the need for airline maintenance technicians (4.6%), primarily driven by the reduction in maintenance hours required on the 737 MAX.

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CTT Systems has announced a further order from Russian low cost carrier and Aeroflot subsidiary Pobeda Airlines for its Zonal Drying dehumidification system for 14 Boeing 737-800s to be line fitted from February 2018.

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Eirtech Aviation Services has issued its first Form 1 for a composite repair onsite at a maintenance facility in Europe. The repair, which was completed on behalf of a leading aircraft leasing company, was completed on a thrust reverser by the Eirtech AOG Composite Repair Team. A recent expansion of its approvals now allows the Eirtech Composite Team to repair and certify composite components onsite at the aircraft, avoiding the need to ship components to a repair facility.

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GKN Aerospace’s Fokker business has announced that a total of 17 Fokker aircraft were placed in 1H17 compared with 23 transactions in 1H16. Currently, approximately 400 Fokker aircraft are operational worldwide.


In Europe, Cypriot airline TUS AIR purchased two Fokker 100s. After checks at Fokker Techniek’s facilities these aircraft are being used throughout the Mediterranean, supplementing various turboprops. There has also been a strong demand for wet leases from various traditional Fokker 100 operators in Europe.


In Australia, Alliance Airlines purchased a VIP configured Fokker 70 from the Netherlands’ government. After the incorporation of various modifications, the aircraft will be used on corporate and VIP charters throughout Australia. Alliance Airlines is thus further increasing its fleet size, and is the largest Fokker operator in the world. Fokker 70s and 100s in Australia are increasingly being used for regular public transport in addition to operating on more traditional fly-in, fly-out routes in support of natural resources’ industries.


MWG Limited, based in Singapore, purchased two Fokker 70s from KLM to be used on services in Myanmar. A total of seven Fokker 50s went to various operators in Africa. In Latin America, Mexican operator MAYAir added one Fokker 50, doubling its fleet.

 

Finally, Avmax in Canada purchased four Fokker 50s from Air Iceland. These are the first Fokker aircraft in Avmax’s extensive fleet.

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Magnetic MRO and Crestline Investors, a US-based institutional alternative asset manager, have established a joint venture for aviation asset investments. The newly established company, Magnetic Parts Trading, will focus on acquiring aircraft and engines for immediate part-out, or short term lease and subsequent part-out. Crestline Investors will furnish Magnetic Parts Trading with the majority of its capital needs, while Magnetic MRO will focus on project managing the investment, part-out and value realisation process. Magnetic Parts Trading will aim to invest in the most popular narrowbody aircraft, such as the Airbus A320 and Boeing 737 families and their corresponding engines. The agreed capital structure will allow for immediate investments into a significant number of new generation aircraft and engines, as well as the flexibility to purchase fleets of aircraft, or assets with remaining leases attached.

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MTU Maintenance has completed its 1,000th GE Aviation CF34 engine repair and overhaul shop visit. The engine belongs to BA CityFlyer, which has been a customer of MTU Maintenance since 2010.

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