Market Intelligence: North and Central Asia
Training Aircraft Manufacturer, Pipistrel Aircraft, Releases Second Part of its Four-Part Video Series Exploring the Velis Electro Aircraft Battery
Pipistrel Aircraft releases the second video in their four-part series exploring the Velis Electro battery and why it is one of the safest and most sustainable options available. Check it out below.
Source: Pipistrel Aircraft
Photo Credit: Pipistrel Aircraft (shown as meta image)
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Training Aircraft Manufacturer, Pipistrel Aircraft, Releases First Part of its Four-Part Video Series Exploring the Velis Electro Aircraft Battery
Pipistrel Aircraft releases the first video in their four-part series exploring the Velis Electro battery and why it is one of the safest and most sustainable options available. Check it out below.
Source: Pipistrel Aircraft
Photo Credit: Pipistrel Aircraft (shown as meta image)
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Embraer Deliveries Increase 47% in 2Q23 Totaling 17 Commercial and 30 Executive Jets
Embraer delivered a total of 47 jets in the second quarter of 2023, of which 17 were commercial aircraft and 30 were executive jets (19 light jets and 11 midsize jets). During the year, the company delivered a total of 62 aircraft (24 commercial and 38 executive). The second quarter deliveries were 47% higher than in the same period from 2022. In the first half of 2023, the volume has increased 35% compared to 2022, when 46 jets have been delivered. Compared to the second quarter of 2022, deliveries volume increased by 55% in Commercial Aviation and 43% in Executive Jets. The firm order backlog ended the period at US$ 17.3 billion.
In Commercial Aviation, American Airlines signed a firm order with Embraer for seven new E175s. The aircraft will be operated by the subsidiary Envoy Air. With deliveries to begin 4Q23, Envoy’s fleet of E-Jets will grow to over 141 aircraft by the end of 2024. Embraer also received a firm order from Binter for six E195-E2s, which will bring Binter’s E2 fleet to 16 jets when deliveries are completed. This order will be included in Embraer’s backlog once all contractual contingencies are cleared.
Malaysia’s SKS Airways closed an agreement to add ten E195-E2 jets to its fleet. In addition, SKS joined the Pool Program to support aircraft to be operated in Southeast Asia. Scoot, a lowcost subsidiary of Singapore Airlines, is also adding nine E190-E2s to its portfolio. And Royal Jordanian Airlines reached an agreement to introduce eight E190-E2 and E195-E2 jets into its operations, with deliveries starting in the 4Q23. All three agreements involved contracts with the leasing company Azorra.
Four E175s began to operate with Star Air, an Indian airline that already operates E-Jets. Star Air has also extended its Pool Program contract to include the E175s in its fleet.
In addition to Star Air and SKS Airways, Embraer Services & Support signed Pool Program contract extensions with Rex Group (Australia) and Amelia (France). Another highlight of the quarter for the business unit was the announcement of 20 E-Jets P2F for the Lanzhou Group. This is the first Embraer P2F agreement in China.
In Executive Aviation, NetJets signed a contract with Embraer for the acquisition of up to 250 Praetor 500 jet options. The deal is valued at more than US$ 5 billion, and deliveries are expected to begin in 2025.
For Embraer Defense & Security, a Memorandum of Understanding was signed with Saab to position the C-390 Millennium as the preferred solution for the tactical air transport requirements of the Swedish Air Force and in the search for opportunities for potential Gripen customers in Latin America.
About Embraer
A global aerospace company headquartered in Brazil, Embraer (NYSE: ERJ; B3: EMBR3) completes 50 years of operations in the Commercial Aviation, Executive Aviation, Defense & Security, and Agricultural Aviation segments. The Company designs develops, manufactures, and markets aircraft and systems, in addition to providing after-sales Services & Support to customers.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, every 10 seconds an aircraft manufactured by Embraer takes off from somewhere in the world, transporting more than 145 million passengers annually.
Embraer is the leading manufacturer of commercial jets with up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service centers, and parts distribution, among other activities, in the Americas, Africa, Asia, and Europe.
Source: Embraer Press Release
Photo Credit: Embraer (shown as meta image)
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Aircraft Manufacturer Bombardier Delivers 29 Aircraft in Second Quarter
Bombardier had 29 deliveries during the second quarter which is one more aircraft than the same period last year and has a solid line of sight to reach the overall 2023 guidance of greater than 138 deliveries, the business jet manufacturer announced in its second quarter 2023 financial results.
The results signals continued progress on all business fundamentals and performance on track toward reaching 2023 full-year guidance.
“Bombardier delivered a very strong second quarter. Our team successfully navigated a highly dynamic business environment that saw sustained demand for new and pre-owned jets, as well as steady service growth, all while supply chain pressure persisted,” said Éric Martel, President and Chief Executive Officer, Bombardier. “We continue to progress on our positive trajectory by delivering remarkable growth in profitability, propelled by a strong adjusted EBITDA increase and margin expansion, as well as a positive adjusted net income and earnings per share. Thanks to our team’s tremendous work, we boosted our revenues this quarter by 8 % year-over-year, driven in part by an exceptional 19% year-over-year aftermarket revenue increase.”
Bombardier is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets.
Source: Excerpts from Bombardier Press Release
Photo Credit: Bombardier (shown as meta image)
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Training Aircraft Manufacturer, Textron, Elects Retired General Michael X. Garrett to Board of Directors
Textron Inc. announced that Michael X. Garrett has been elected to the company’s Board of Directors, effective July 1, 2023. Garrett is a retired United States Army four-star general with nearly 40 years of service, most recently serving as Commanding General, United States Army Forces Command (FORSCOM), the largest command in the U.S. Army, from March 2019 until his retirement in July 2022.
“We are honored to add General Garrett to our Board,” said Textron Chairman and CEO Scott Donnelly. “His extensive experience in the military and deep understanding of training and deploying U.S. military forces will enable our company to better serve our military customers. We are fortunate to have a leader and strategic thinker of such high caliber joining our Board,” Donnelly added.
As FORSCOM Commander, General Garrett led 750,000 combat and support personnel through the COVID-19 pandemic and a shifting global security landscape. His earlier command tours included U.S. Army Central Command for almost four years, during which he was responsible for all Army activity in the Central Command area. Previously, he spent six years leading Army activity in the Middle East, first as Chief of Staff, U.S. Central Command and later as commanding general.
“I am incredibly excited to join the Textron team,” General Garrett said. “Their corporate values of integrity, respect, trust, and pursuit of excellence reflect the ethos I’ve always sought to instill within the Army’s soldiers, families, and teams. I look forward to serving Textron in support of its corporate goals and strong culture.”
General Garrett currently serves as an Executive in Residence for Fayetteville State University, a Distinguished Senior Fellow on National Security at the Middle East Institute, a Senior Mentor at the U.S. Army War College and a director of Semper Fi & America’s Fund.
He is a graduate of Xavier University, and a career Infantryman, paratrooper and Army Ranger. His military decorations include the Distinguished Service and Defense Superior Service medals, and he is a Distinguished Member of the 75th Ranger Regiment.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems.
Source: Textron Press Release
Photo Credit: Textron
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Azerbaijan Airlines Selects Simulator Manufacturer ALSIM and Buys an AL172 Flight Simulator
France headquartered simulator manufacturer ALSIM is delighted to announce that Azerbaijan Airlines (AZAL), situated at Heydar Aliyev International Airport in Baku, has selected an ALSIM AL172 for its training needs.
The ALSIM AL172, built to FAA FTD Level 5 standards and already certified as an AATD, is a replica of a brand-new Cessna 172SP Skyhawk with a real Garmin G1000 NXI and GFC700 autopilot.
According to Ilham Amirov, Vice-President of Azerbaijan Airlines CJSC “The national flag carrier of Azerbaijan, by purchasing the AL172 flight simulator manufactured by ALSIM, will improve the quality of training of AZAL pilots and the effectiveness of their training. Thus, with the help of a flight simulator, airline pilots can improve their skills and gain a profound understanding of flight processes. The state-of-art ALSIM AL172 simulator, which has high-tech equipment and is an exceptional simulation system, will allow the pilots to train in conditions as close as possible to a real-life flight. Equipped with advanced technology, it models all kinds of flight scenarios, including various weather conditions, emergencies, and stressful situations on board. Such training allows pilots to better cope with real-life situations and improve their efficiency. The new ALSIM AL172 simulator will be used not only for basic pilot training but also for skills development and pilot training for more complex flight tasks.”
Audrey Jeffroy, ALSIM’s Sales Director, commented: “We are very proud to welcome Azerbaijan Airlines among our customers. We hope this is the beginning of a successful cooperation between Azerbaijan Airlines and ALSIM.”
About Azerbaijan Airlines
The National Aviation Academy of the Republic of Azerbaijan has existed for more than 30 years, since 1992. It is one of the leading training centers in the CIS which prepares qualified aviation professionals of higher, advanced, and specialized levels. The Academy is certified by the Interstate Aviation Committee (IAC) to train and retrain civil aviation personnel and is included in the Register of the ICAO and ECAC higher education institutions of civil aviation. It also has the status of a regional IATA center for the “Carriage of dangerous goods by air”. The Academy, located in Baku not far from the Heydar Aliyev International Airport, has an Air Staff Training Center, and a Simulator Center, which train pilots of planes and helicopters, air traffic controllers, aircraft maintenance engineers, specialists on aircraft engines, avionics, electrical, radio equipment and instrumentation of planes and helicopters. In 2010, AZAL Training Center was opened at the Academy. It has modern training facilities, enabling different types of basic, intermediate, and advanced training for flight crews and ground personnel.
About ALSIM
ALSIM has been developing and manufacturing FAA & EASA certified FNPT II, FNPT II MCC and AATD flight simulators since 1994. Alsim is well recognized for its know-how, based on 25 years of experience. We’re proud to say our hardware & software is made 100% in house, which means peace of mind for our customers. Alsim’s main objective relies on innovation: we aim to anticipate our client’s needs and remain at the cutting edge of technology.
Today, we have more than 400 devices installed and certified in over 60 countries, with over 350 clients.
Source: ALSIM Press Release
Photo Credit: ALSIM
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AlphaSky Starts Cargo Operations with Sky One FZE’s Freighter
Integrated aviation services provider AlphaSky launches cargo operations in Shymkent, Kazakhstan. Cargo operator Sky One FZE extends its warmest wishes and congratulations to AlphaSky on this exciting milestone.
“It is with great pleasure that we confirm our support of AlphaSky’s start up operations by providing its inaugural aircraft on lease,” said Sky One FZE. “We are thrilled to be part of this journey, supporting their vision of connecting businesses and communities through efficient and reliable air transportation.”
AlphaSky’s dedication and commitment to providing top-notch cargo services in Shymkent is truly commendable. Sky One’s 737-400 Freighter will undoubtedly help Alpha Sky soar to new heights, delivering excellence and exceeding expectations.
“As Alpha Sky embarks on this exciting venture, we are confident that our collaboration will leave an indelible mark on the aviation landscape of Shymkent,” added Sky One FZE.
Source: Skyone FZE