Market Intelligence: Africa

Boeing Appoints New Managing Director for Africa

Global aircraft manufacturer Boeing has shared that it has appointed Mr Henok Teferra Shawl is its new managing director for Boeing Africa. Reporting to Kuljit Ghata-Aura, President, Boeing Middle East, Türkiye, Africa & Central Asia, Mr Shawl’s role will be pivotal in strengthening Boeing’s operations across the entire African continent. Mr Shawl previously held leadership roles with Ethiopian Airlines and ASKY Airlines.

Boeing Africa will be based in Addis Ababa, Ethiopia, where Boeing plans to open an office early 2024.

Source: Boeing

Related Posts

Flight School Management Solution Provider Flight Schedule Pro Welcomes New Chief Technology Officer

United States headquartered flight school management software solution provider Flight Schedule Pro has welcomed Ryan Townsend as its new Chief Technology Officer.

“I’m beyond excited to have the opportunity to join the Flight Schedule Pro team,” said Ryan Townsend. “As a leading technology provider in the aviation industry, our organization is uniquely positioned to support an industry facing unprecedented challenges. This climate demands not just innovative thinking, but also a nimble approach to our products and strategies. From my first interactions with our business leaders, it’s been clear that Flight Schedule Pro is more than up to the challenge! With a focused team that has already charted a clear path to success, I am confident in our ability to deliver enormous value to our customers and partners. I look forward to the challenge of building upon our strong platform, delivering innovative solutions, and realizing the full potential of our product strategy.” shared Mr Townsend.

Source: Flight Schedule Pro

Related Posts

FlightLogger Announces Partnership with Wingops to Consolidate Management of Key Flight School Operations

In the ever-evolving world of flight training, aircraft maintenance stands, along with flight training management, as an essential task for organisations providing flight training. Whether conducted in-house or through trusted suppliers, this core function ensures the safety, compliance, and efficiency of aviation operations.

Recognizing the critical importance of both flight training and maintenance, FlightLogger, a leading aviation training management software provider, is excited to unveil a groundbreaking partnership with Wingops, a cutting-edge aircraft maintenance system.

At its core, this partnership introduces a seamless integration between FlightLogger’s renowned training management software and Wingops‘ state-of-the-art aircraft maintenance system. The new integration offers a transformative solution for aviation training operators, simplifying and enhancing the way they manage their training and aircraft maintenance activities.

Key highlights of the FlightLogger-Wingops integration include:

  • Effortless Data Synchronization: Flight times for each aircraft are automatically updated from FlightLogger into the Wingops system, ensuring precision and timeliness in maintenance scheduling.
  • Automated Maintenance Bookings: Work orders generated in Wingops trigger automatic maintenance bookings within FlightLogger, streamlining scheduling workflows and minimizing manual tasks.

The new partnership stands as a testament to FlightLogger’s and Wingops‘ dedication to innovation and customer satisfaction. By combining FlightLogger’s expertise in training management with Wingops‘ advanced maintenance capabilities, aviation organizations can expect improved operational efficiency, enhanced compliance, and heightened safety measures.

“We are thrilled to partner with Wingops to offer this game-changing integration,” said Kenneth Jeppesen, CEOand founder of FlightLogger. “In an industry where excellence in training and maintenance is non-negotiable, our collaboration will empower our clients to optimize their operations and reduce costly downtime for aircraft maintenance.”

This new partnership underscores FlightLogger’s ongoing commitment to providing comprehensive solutions tailored to the unique needs of the aviation training industry.

About FlightLogger

FlightLogger is a leading provider of digital training management solutions for the flight training industry. The web-based software simplifies the administration and documentation of training activities, ensuring compliance, efficiency, and safety for flight training organizations worldwide.

About Wingops

Wingops is a cutting-edge aircraft CAMO and maintenance system designed to streamline maintenance operations and enhance the safety and reliability of aircraft. Their advanced solutions are trusted by aviation professionals globally.

Source: FlightLogger
Photo Credit: FlightLogger

Related Posts

L3Harris Technologies Announces Definitive Agreement to Sell Commercial Aviation Solutions Business for $800 Million

Melbourne, Florida, Nov. 27, 2023 — L3Harris Technologies today announced the signing of a definitive agreement under which an affiliate of TJC L.P. will acquire L3Harris’ Commercial Aviation Solutions (CAS) business for $800 million. The acquisition includes a $700 million cash purchase price and $100 million earnout based on the achievement of certain 2023 and 2024 financial performance targets, which together represent an approximate 15x LTM 9/30 EBITDA purchase multiple. The transaction is expected to close in the first half of 2024 and is subject to customary closing conditions and regulatory approvals.

“Today’s announcement is consistent with our multi-year strategy to optimize our national security, technology-focused portfolio,” said Christopher E. Kubasik, Chair and CEO, L3Harris. “Aligned with our capital allocation priorities, we plan to use the proceeds from this transaction to repay debt, which will accelerate our timeline to reach our debt leverage objective.”

The CAS transaction includes the sale of L3Harris’ surveillance joint venture and is subject to a right of first refusal; if exercised, an affiliate of TJC L.P. will acquire the rest of CAS.

L3Harris’ CAS business employs approximately 1,450 people and offers pilot training, flight data analytics, avionics, and advanced air mobility products and services, among other capabilities.

Morgan Stanley & Co. LLC and Moelis & Company are serving as financial advisors to L3Harris, and Sullivan & Cromwell LLP is serving as legal advisor. J.P. Morgan Securities LLC is acting as financial advisor, and Kirkland & Ellis LLP is serving as legal counsel for TJC L.P.

About L3Harris Technologies
L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our nearly 50,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.

About TJC
TJC L.P. (formerly known as The Jordan Company), founded in 1982, is a middle-market private equity firm that has raised funds with original capital commitments in excess of $22 billion and has a 41-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Diversified Industrials; Technology, Telecom & Power; Logistics & Supply Chain and Consumer & Healthcare. The senior investment team has been investing together for over 20 years and is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. TJC has offices in New York, Miami, Chicago and Stamford.

Source: L3Harris
Photo Credit: L3Harris (shown as meta image)

Related Posts

Aircraft Manufacturer Embraer Announces Latest Appointment for Vice President of Sales and Business Development for Embraer Defense & Security for Europe and Africa

Embraer Defense & Security appointed José Gustavo as the new Vice President of Sales and Business Development for Europe and Africa. He will be based in Lisbon, Portugal, under the leadership of Frederico Lemos, CCO of the business unit.

With more than 20 years of experience José Gustavo brings a wealth of extensive international experience, from countries such as the United States and Turkey. The executive has held several leadership positions in Defense projects including functions in the NATO Command Structure and has solid sales records for Embraer, which includes the A-29 in Africa and the C-390 sales campaigns in Europe.

José Gustavo has actively participated in projects developing the A-29 (A-29N) NATO configuration and creating additional capabilities for the C-390, as well as integrating with Embraer’s other business units.

“José Gustavo has been a key executive in the successful sales campaigns we have conducted in Africa and Europe. He has in-depth knowledge of the region and a successful track record over his more than 20-year career. His appointment as Vice President of Sales and Business Development will not only bring gains for Embraer Defense & Security, but for the company as a whole,” says Frederico Lemos, CCO of Embraer Defense & Security.

José Gustavo began his career in the Portuguese Air Force, as an officer. In 2013 he joined OGMA, and soon after Embraer Defense & Security, where he assumed responsibilities in sales and business development in different countries in Europe, Africa, and the Middle East.

He is an Aeronautical Engineer and graduated from the Portuguese Air Force Academy and Instituto Superior Técnico, with postgraduate degrees in Commercial Management (INDEG), International Relations (UAL), Sales Leadership (INSEAD), Advanced Project Management (Catholic Lisbon School of Business & Economics) and Advanced Negotiation (Nova School of Business and Economics). José Gustavo is married and has two daughters.

About Embraer

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing Services & Support to customers after-sales.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service, and parts distribution centers, among other activities, across the Americas, Africa, Asia, and Europe.

Source: Embraer
Photo Credit: Embraer

Related Posts

French Pilot Simulator Training Center, ICARE, Attends the 55th Annual General Assembly of African Airlines Association

ICARE, a France based full flight simulator training center, represented by its CEO & Accountable Manager Philippe Goetz and Sales Manager Antoine Incorvaia, attended the 55th Annual General Assembly of African Airlines Association (AFRAA) in Kampala, Uganda held on November 19-21, 2023.

ICARE is an approved training provider for Uganda Airlines for the airline’s CRJ900 fleet.

Source: ICARE
Photo Credit: ICARE

Related Posts

Dynamic Advanced Training Hosts AFM Global Pilot Training Organisation Leadership Summit Dinner

Dubai, United Arab Emirates based Dynamic Advanced Training, a world-class SEP training center, hosted attendees from the AFM Global Pilot Training Organisation Leadership Summit 2023 for dinner on Wednesday, 15th of November 2023 under the theme of “Dynamic Dinner under the Sim”.

The summit brought together over 50 of the world’s leading flight training organisation leaders which got to experience the training center before enjoying a 3 course dinner.

To learn more about the summit check out this announcement.

Source: Dynamic Advanced Training

Related Posts