16 Apr 2018

USA Aviation Industry Newsletter 16 April

Boeing Announces Global Fleet Care Agreements for Singapore Airlines and Scoot Boeing announced that on March 7, 2018, two previously signed integrated Boeing Global Fleet Care agreements for Singapore Airlines' fleet of 27 777-300ERs (Extended Range) and Scoot's fleet of 20 787 Dreamliners were transferred to Boeing Asia Pacific Aviation Services Pte. Ltd., (BAPAS), a joint venture between The Boeing Company and SIA Engineering Company (SIAEC). Boeing HorizonX Invests in Reaction Engines, a UK Hypersonic Propulsion Company Boeing announced its investment in Reaction Engines Limited, a leader in advanced propulsion systems based in Oxfordshire, United Kingdom. Reaction Engines' technology will contribute to the next generation of hypersonic flight and space access vehicles. Reaction Engines is known for its Synergetic Air-Breathing Rocket Engine (SABRE), a hybrid engine blending jet and rocket technology that is capable of Mach 5 in air-breathing mode and Mach 25 in rocket mode for space flight. As part of the SABRE program, Reaction Engines developed an ultra-lightweight heat exchanger that stops engine components from overheating at high speeds, thus improving access to hypersonic flight and space. Boeing, Lion Air Group Announce Order for 50 737 MAX 10 Airplanes Boeing and the Lion Air Group announced 10 April the airline purchased 50 of Boeing's new 737 MAX 10 airplane, which will be the most fuel-efficient and profitable single-aisle jet in the aviation industry. The deal, valued at approximately $6.24 billion at list prices, is the largest incremental order to date of the MAX 10 variant. The order was previously listed as unidentified on Boeing's Orders & Deliveries website. Boeing, Qatar Airways Sign Letter of Intent for Five 777 Freighters Boeing and Qatar Airways 10 April signed a letter of intent to purchase five 777 Freighters, valued at $1.7 billion at list prices. When a purchase is finalized, it will be posted to Boeing's Orders and Deliveries website. Delta Air Lines Announces March Quarter Profit Delta Air Lines reported financial results for the March quarter 2018. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here. Adjusted pre-tax income for the March 2018 quarter was $676 million, a $104 million decrease from the March 2017 quarter, as record revenues were offset by higher fuel prices and other increased costs including a $44 million impact from severe winter weather. Delta Air Lines expects first batch of CSeries in late 2018 Delta Air Lines plans to take delivery of its first batch of CSeries in 4Q 2018, with entry into service in early 2019, according to CEO Ed Bastian. The carrier has 75 CS100s on order with Bombardier. Norwegian to increase USA flights from Ireland and Scotland this winter Norwegian is increasing flights from Edinburgh, Dublin and Shannon airports to the USA during the winter season. Thomas Ramdahl, Chief Commercial Officer at Norwegian said: “Consumers can now benefit from more high-quality flights to the USA this winter as we focus on boosting services that reflect strong passenger demand. We’re giving passengers on both sides of the Atlantic more affordable choice, so we’re delighted to increase the number of flights that brings the US east coast closer to Ireland and Scotland this winter.” Pratt & Whitney Grows Geared Turbofan™ Engine Repair Supplier Network Pratt & Whitney announced 11 April that it will expand its global network of providers that maintain the Geared Turbofan™ (GTF) engine to include five repair suppliers that will support the PW1100G-JM engine. Turbine Controls, StandardAero, TWIN MRO, ACMT and Lewis & Saunders will join other GTF maintenance, repair and overhaul (MRO) providers located around the world. The GTF MRO network currently includes Pratt & Whitney, MTU Aero Engines, Japanese Aero Engines Corporation, Lufthansa Technik and Delta TechOps. Pulsar Aviation Services Inc. Delivers Pro Football Team B767 Aircraft Pulsar Aviation Services Inc. (Pulsar) announced 11 April the company has delivered the first of two B767 aircraft to be owned by an NFL team. The aircraft will be used for team transport operations. Pulsar performed complete maintenance requirements, modified the aircraft interior to executive configuration, and painted the aircraft in team livery. All work was performed at Pulsar’s San Bernardino, California facility. Acumen Aviation © 16 April 2018 All Rights Reserved.