Archives: Market Intelligences

Alpha Aviation Group Philippines Hosts Subject Matter Expert Exchange for Air Force Fighter Training Squadron

Eleven (11) personnel from the 105th Fighter Training Squadron (FTS), 5th Fighter Wing (5FW), Philippine Air Force (PAF) visited pilot training group Alpha Aviation Group (AAG) Philippines last 09 June 2023 for a subject matter expert exchange (SMEE).

The 105th FTS personnel spearheaded by Ltc. Malbert Maquiling PAF are responsible for maintaining the 5FW’s FA50 Simulator Training Center at Basa Air Base. The SMEE aimed to provide the personnel with supplementary learning opportunities, allowing them to leverage best practices from the civil aviation sector and enhance their understanding of flight simulator maintenance and training center operations.

Victor Dufort (AAGP Simulator Maintenance Manager) gave a comprehensive overview of flight simulator maintenance and training center operations, outlining the roles and responsibilities of maintenance staff, the procedures for monitoring, troubleshooting, and repairing simulator equipment, and the needs for successful operation and upkeep of the facility.

“The visit of the 105th Fighter Training Squadron is a testament to the strong ties between the civil and military aviation sectors, demonstrating the shared commitment to aviation advancement and illustrating mutual respect among aviators around the world,” shares Capt. Vicente Casibang II (AAGP Accountable Manager).

Source: AAG Press Release
Photo Credit: AAG

Related Posts

Aircraft Manufacturer ATR Aircraft Announces Latest Appointment for Senior Vice President Commercial 

Alexis Vidal has been appointed Senior Vice President Commercial for ATR, effective 26 June 2023. He joins ATR’s Top Management team reporting directly to Chief Executive Officer Nathalie Tarnaud Laude. He succeeds Fabrice Vautier who takes on new responsibilities within the group.

An accomplished sales professional, Alexis has held several senior management roles within the aerospace and defence industry. He began his career with the Airbus Group in 2004 as Business Development Manager within the satellite division, now Airbus Defence and Space. He moved to Airbus Helicopters in 2007 and held various management positions in Customer Services, Offers and Contracts, Sales. He was appointed Vice President Sales for Energy and Leasing segments in 2016. He moved to Airbus Commercial Aircraft as Head of Sales for Customer Services in 2019. In his last position in 2021, Alexis was Head of Marketing for widebody programmes.

Alexis is 42 years old and holds master’s degrees in aeronautical engineering from Ecole Centrale Lyon (France) and Imperial College London (UK), and graduated from HEC Paris (France) with a master’s degree in management.

Alexis will bring true added value in supporting ATR with his in-depth knowledge of the industry and proven experience in Sales, Marketing and Customer Services.

About ATR

ATR is the world number one regional aircraft manufacturer with its ATR 42 and 72 aircraft the best-selling aircraft in the less than 90-seat market segment. The unifying vision of the company’s employees is to help everyone, no matter where they are in the world, to connect and develop in a responsible manner. Thanks to the efficiency of turboprop technology and the benefits of the company’s focus on continuous innovation, ATR aircraft open more than 140 new routes every year, burn up less fuel and emit less CO2 than regional jets. For all of these reasons, ATR aircraft have been chosen by some 200 companies in 100 countries around the world. ATR is a joint-venture between Airbus and Leonardo.

Source: ATR Aircraft Press Release
Photo Credit: ATR Aircraft

Related Posts

Training Aircraft Manufacturer, Elixir Aircraft, Secures Order for 4 Aircraft From Leasing Company and LOI for 10 Aircraft

Elixir Aircraft Elixir Aircraft receives order for four aircraft from a Luxembourg leasing company

Elixir Aircraft continues its expansion in the European market with the sale of four aircraft to Luxembourg. This is another international success for the aircraft manufacturer from La Rochelle, following the sale of ten aircraft to the United States last February and its recent announcement of 100 Elixirs pre order for the United States.

Founded in 1999, ALD LUX is a leasing company in Luxembourg. The company is now turning its attention to aircraft leasing, with this first order for four new-generation French aircraft.

With its low fuel consumption, averaging 12L/h and simplified maintenance, the low operating costs of the Elixir convinced the Luxembourg company.

Elixir Aircraft was founded in 2015 to meet the technical, ecological and economic challenges of general aviation. With this permanent objective and more than 70 orders worldwide, Elixir Aircraft has all the cards in hand to continue its attractive growth.

International Aviation Academy of New Zealand signs LOI for 10 Elixir 100HP Full Glass Cockpit Aircraft

Elixir Aircraft The aircraft manufacturer and the New Zealand professional training organisation are embarking on an exciting partnership.

Following a visit by a delegation from the IAANZ in April to Elixir Aircraft in La Rochelle where they received demo flights and an in-depth study of the aircraft and its ecosystem. The professional training organisation has committed to renewing its fleet with the 4th generation aircraft. Aiming to order a minimum of two aircraft per year for the next 5 years.

Elixir Aircraft is offering an extremely modern, safer, greener aircraft that also cuts maintenance time by almost 60%. This is of major interest to a flying school that operates a large fleet on the other side of the planet. “The part catalogue for an Elixirconsists of between 20 to 30 times less references than existing older generation aircraft, so it’s an incredible opportunity for a flying school to manage its spare parts and day-to-day operations,” says Mike Tonkin head of sales for Elixir.

On the threshold of the Rugby World Cup, where the All Blacks and Les Bleus will kick off the tournament in Paris, the aircraft manufacturer and the flying-school are looking forward to a shared horizon, one that is sure to be sweeter, stated Jeremy Ford CEO IAANZ.

About Elixir Aircraft

Elixir Aircraft, a company headquartered in La Rochelle, France, with nearly 100 employees, was founded in 2015 to meet the challenges of global light aviation.

The French company’s objective: to manufacture safer, more economical and more versatile aircraft. Complexity is the reason why today’s aircraft suffer from failures (technical or human), and are costly to operate (fuel consumption and maintenance).

Elixir Aircraft uses a technology from the world of competitive sailing, the Carbon Oneshot, to simplify structures. More simplicity means fewer failures, so greater safety, but also less maintenance, and lower costs (estimates of €40/h fuel and maintenance).

At the end of 2021, Elixir Aircraft opened a new production site in Périgny, Charente Maritime, to internalize all carbon parts production.

Elixir Aircraft in Numbers

  • 4th-generation two-seater aircraft EASA CS-23 certified since 2020
  • 100 employees, including more than 70 new hires since the first quarter of 2021
  • Two production sites in France, one of 2300m², the other of 2000m².
  • +70 aircraft on firm order
  • +140 aircraft on pre-order and letters of intent in the U.S. and Europe

Source: Elixir Aircraft Press Release
Photo Credit: Elixir Aircraft (shown as meta image)

Related Posts

Global Pilot Training Group Secures Financing of EUR 27.5 Million to Acquire Additional Full Flight Simulators

Simaero, a French-rooted major player in airline pilot training worldwide, has secured financing of €27.5 million from the Eiffel Investment Group. The company plans to utilize the funding to acquire additional full-flight simulators. This will accelerate its expansion to better serve the continuously rising demand of the aviation industry. Eiffel’s financing commitment is subject to conditions that consider the positive impact on local employment and carbon footprint. These factors will modulate the cost of debt.

A significant player in the airline pilot training industry

Simaero is a French group specializing in airline pilot training on full-flight simulators. Approved and certified by the European Union Aviation Safety Agency (EASA) and many other local authorities, the company offers a comprehensive range of training solutions to help pilots worldwide meet their regulatory requirements regarding simulator training hours.

Since its creation in 2002, the company has established itself as one of the global leading players in the industry. Today, Simaero provides its services to 250+ customers in 80+ countries, including major airlines such as Air France, Air Caraïbes, DHL, Flynas, and Air Algérie, and strategic public players such as the French Air Force.

A steady growth over the last five years

Since 2018 and the investment of RIVE Private Investment as part of a “Management Buy In,” Simaero has rapidly expanded in France and abroad, with local subsidiaries in South Africa, China, and, more recently, India. The group’s recognized expertise in its industry and ability to adapt to strict regulations set by local civil aviation authorities led to a revenue of over €25 million in its last financial year, an increase of +80% from the previous year.

€27.5M* to embark on a new phase of sustainable growth

Simaero management team and shareholders collaborated closely with the Eiffel team to create two Impact Covenants. These covenants demonstrate the company’s dedication to boosting employment in France and decreasing its carbon footprint throughout the financing period. These commitments also provide an incentive for the company, as their successful implementation can lead to a significant reduction in financing costs.

Nicolas Mouté, CEO of Simaero, comments: “Our partnership with Eiffel marks an important milestone in our development. This financing will enable us to strengthen our position in the airline pilot training industry and meet the aviation industry’s growing demand for training and flight safety. We are glad to be working with Eiffel since their approach aligns with our dedication to enhancing our CSR practices.”

Edouard Grimm, Managing Director of Eiffel Investment Group, concludes: “Simaero holds a dominant and promising position in its market with its strategic location between Europe, Africa, and Asia. We are delighted to support its expansion. This financing fully illustrates our strategy of supporting the development of the finest SMEs in France.”

About Simaero

Simaero is a leading player in Full Flight Simulators operations and Pilot Training worldwide. Headquartered in Paris, France, Simaero gives its 250 customers access to over 30 Full Flight Simulators in its five locations in Paris CDG and Dinard, France; Johannesburg, South Africa; Delhi, India and Zhengzhou, China. Simaero is an Approved Training Organization for pilots, certified by EASA and more than 40 other civil aviation authorities, including South Africa, Saudi Arabia, India, Malaysia, Nepal, Brazil, Senegal, Ivory Coast, and UAE. Its academy offers a complete set of Type Rating training solutions covering a comprehensive range of aircraft types, including Airbus A320, A330, A340, and A350; Boeing 737, B757, B767, B777, B787; ATR 42/72-500/600, ERJ 145, Beech 1900, Dash 8, MD80/82, and Fokker 100.  Simaero also provides Simulator Engineering Services to numerous customers across the world. The service includes simulator relocation, repair, upgrade, and preparation for certification and operation. In Joint Venture with HNCA, Simaero provides simulator engineering and maintenance services in China.

About Eiffel Investment Group

Eiffel Investment Group is an asset manager with ca. €5 billion under management (data as of end of 2022, including undrawn commitments). Eiffel Investment Group’s clients are large institutional investors (insurers, mutual funds, pension funds, banks, large family offices, and public investors) as well as individuals, through intermediary distribution. Eiffel Investment Group cultivates a strong industrial expertise, particularly in the field of energy transition, but also in health, agri-food and digital. It finances companies and their assets through four main strategies: private debt, energy transition infrastructure, private equity, and listed equities and credit. Eiffel Investment Group’s mission is to invest for a sustainable world. Its investment strategies aim to generate not only a strong financial performance but also a positive impact on the environment and society. The Eiffel Investment Group team has approximately 80 talented employees, mainly in Paris, with presence in Amsterdam, Warsaw, and New York. The Eiffel Transition Infrastructure fund is exclusively reserved for professional clients.

Source: Simaero Press Release

Related Posts