Market Intelligence: South East Asia

Aircraft Manufacturer Airbus Provides 2024 Guidance Update

  • A320 ramp-up trajectory adjusted to reflect specific supply chain challenges in a degraded operating environment; around 770 commercial aircraft deliveries now expected in 2024; target production rate of 75 A320 Family aircraft a month maintained and now expected to be reached in 2027
  • 2024 guidance updated

Amsterdam, 24 June 2024 – Airbus SE is providing a market update to report on new developments related to its space activities and commercial aircraft business, the impact of which is leading the Company to update its 2024 guidance.

In the first half of 2024, the Space Systems management team conducted an extensive technical review of all programmes, identifying further commercial and technical challenges. On that basis, the Company has decided to record charges of around € 0.9bn in the H1 2024 accounts. These are mainly related to updated assumptions on schedules, workload, sourcing, risks and costs over the lifetime of certain telecommunications, navigation and observation programmes.

In commercial aircraft, Airbus is facing persistent specific supply chain issues mainly in engines, aerostructures and cabin equipment. The Company now intends to deliver around 770 commercial aircraft in 2024 and continues to ramp up towards a rate of 75 A320 Family aircraft per month, which is now expected in 2027.

Accordingly, Airbus is updating its 2024 guidance.

As the basis for its updated 2024 guidance, the Company assumes no additional disruptions to the world economy, air traffic, the supply chain, the Company’s internal operations, and its ability to deliver products and services.

The Company’s 2024 guidance is before M&A.

On that basis, in 2024, the Company now targets to achieve:

  • Around 770 commercial aircraft deliveries;
  • EBIT Adjusted of around € 5.5 billion;
  • Free Cash Flow before Customer Financing of around € 3.5 billion.

The Company’s half-year results will be disclosed on 30 July 2024.

Source: Airbus

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Global Pilot Training Solution Provider CAE Sponsors Asia and Pacific Turboprop Safety Conference 2024

CAE has shared that it is a Gold Sponsor for the upcoming Asia and Pacific Turboprop Safety Conference 2024. Organized by the Association of Asia Pacific Airlines, the conference will take place in Malaysia on Wednesday 26th of June 2024.

During the conference, Capt. Andrew Lim, Director Training Performance, and Gueorgui Lazarov, Regional Technical and Digital Leader, will share insights on the topic of “Enhancing Pilot Proficiency and Safety Through Advanced Simulator Training Techniques.” and CAE Rise solution.

CAE Rise™ is a data-driven training system that leverages analytics to make pilot training more effective and provide the safest operational environments.

Source: CAE
Photo Credit: CAE

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Training Aircraft Manufacturer, Cirrus Aircraft, Releases Service Advisory on the Transition to Unleaded Fuel and Use of Non-Cirrus Approved Fuel in SR Series Aircraft

Cirrus Aircraft released a serviced advisory on June 18, 2024 with a subject “Transition to Unleaded Fuel and Use of Non-Cirrus Approved Fuel in SR Series Aircraft.”

See Cirrus’ advisory below:

“Cirrus is dedicated to proactively addressing the evolving landscape of sustainability regulations, particularly the shift away from leaded aviation fuels. We continue to actively support industry efforts to develop, evaluate, and advance new fuels while supporting a safe industry transition to a future unleaded fuel environment.

These efforts include working directly with industry associations and all stakeholders including AOPA, GAMA, the FAA, and the FAA-Industry EAGLE program through the PAFI certification program. As of June 2024, EAGLE is actively pursuing three potentially viable alternatives/replacements for 100LL: GAMI G100UL, LyondellBasell/VP Racing UL100E, and Swift 100R. Cirrus is dedicated to supporting all major fuel companies in their pursuit to bring alternative high-octane fuels to market.

As part of our proactive participation in the unleaded fuel initiative, Cirrus has been collaborating with potential fuel producers conducting materials compatibility and on-aircraft fuel performance testing for over a decade.

Cirrus is engaged in a comprehensive testing and evaluation program of the GAMI G100UL fuel. Working in coordination with GAMI, our key powerplant partners (Continental and Lycoming), and the FAA during this process, the goal is to ensure operational safety of both the powerplant and airframe fuel systems. While some aspects of the initial Cirrus testing of the GAMI G100UL fuel are encouraging, other areas, including materials compatibility, remain inconclusive. At this time, Cirrus does not approve the use of GAMI G100UL fuel in Cirrus SR Series airplanes. Additionally, Cirrus currently does not warrant or represent in any way an operator’s use of the GAMI G100UL fuel in SR Series airplanes.

Per Continental and Lycoming, only approved fuels may be used for an engine to be covered by warranty. As the GAMI G100UL fuel is a non-approved fuel per Continental and Lycoming, engines known to have run this fuel may not be covered by the current OEM engine warranty. For specific details, please refer to the respective Continental and Lycoming engine warranty documents.

Shell recently announced that 100VLL will be shipping to airports in Europe beginning in April 2024. Cirrus confirms this fuel can be used in all Cirrus SR Series airplanes as it complies with the ASTM D910 standard specification for leaded aviation gasoline. Please refer to FAA SAIB NE-11-55 “Grade 100VLL Aviation Gasoline,” for additional details.

The continued safe operation of all Cirrus aircraft around the world remains our top priority. As progress continues, we will provide updates as soon as they are available. We look forward to ensuring a safe and smooth transition to unleaded fuel for all Cirrus SR Series owners.”

Source: Cirrus

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Global Pilot Training Solution Provider, CAE, Shares FY24 Recap Video

CAE shares the following FY24’s remarkable achievements through the video below:

  • CAE’s SkyAlyne joint venture awarded largest contract in CAE’s history for Canada’s Future Aircrew Training Program (FAct)
  • Inauguration of 1st US West Coast business aviation training centre in Nevada
  • Announcing Vienna as the location for business aviation training centre in Central Europe
  • Announcing full-flight simulator and pilot training program to commence at Singapore CAE Flight Training Centre
  • Agreement for Integration of Flight Operations Solutions Software at Air India
  • Awarded subcontract for U.S. Army Flight School Training Support Services
  • Awarded Bell’s contract to support U.S. Army Future Long Range Assault Aircraft Program
  • CAE awarded rapid prototype, enhancing mission readiness of U.S. Army
  • First Falcon 6X training completed at CAE Burgess Hill
  • Boeing and CAE to collaborate on pilot training to enhance aviation safety
  • Release of CAE Aviation Talent Forecast
  • Adding USAF Rotary-Wing, Introductory Training at CAE Dothan Training Centre
  • CAE to support US Army high altitude platform training with Bombardier Global 6000/6500
  • Long-term agreement with Akasa Air for Boeing 737MAX pilot training
  • CAE GmbH delivers NH90 Full Mission Training Centre to the German Navy
  • Embraer and CAE to double Phenom 300 pilot training capacity
  • SkyWest set to deploy CAE’s next-generation Flight Operations Solutions

Source: CAE
Photo Credit: CAE

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Australia-based RMIT Aviation Academy Signs New Abinitio Cadet Pilot Program with South East Asian Low-Cost Carrier

RMIT University’s Aviation Academy, which has the largest owned and most modern training aircraft fleet in Australian higher education, leadership team concluded a South East Asian trip which included the signing of a new abinitio cadet pilot program with Thai Vietjet.

Lea Vesic, Director and CEO of RMIT Aviation Academy, participated in the CAPA India aviation Conference, engaging with industry leaders to discuss the future of aviation education and training. Followed by a visit to Bangkok, Thailand during which a signing of the Thai Vietjet Cadet Program was held at the Sky Careers Festival.

Lea Vesic reaffirmed her belief in aviation’s transformative power to positively impact societies and individuals saying, “I believe so deeply in the power of aviation to change people and societies for good. This trip not only reinforced my belief in the boundless opportunities the aviation industry holds but also highlighted the global spirit that drives it. The future is bright, and it’s being led by the next generation of leaders we’re so proud to support.”

In September 2022 VietJet Air, held a signing ceremony and a roadshow Ab-initio Pilot Training Admission Day for its Cadet Pilot Program with Australian Flight School RMIT University located in Melbourne Australia. The flight training program will take 12 to 14 months and cost US$88,000.

Source: Lea Vesic (RMIT)
Photo Credit: Lea Vesic (RMIT)

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Flight Simulator Solution Provider Reiser Simulation and Training Showcases Military Training Solutions at Airforce Symposium and Expo 2024

Germany headquartered simulator solution manufacturer Reiser Simulation and Training GmbH represented by Andreas Streicher attended the Airforce Symposium and Expo 2024 on June 13-14, 2024 at Marriott Grand Ballroom Manila, Philippines.

“I showcase our cutting-edge training products tailored to meet the unique needs of the military. From immersive simulations to advanced training solutions, we’re committed to delivering excellence in military training.” shared Mr Streicher, Head of Sales at Reiser Simulation and Training GmbH.

Source: Andreas Streicher (Reiser Simulation and Training GmbH)
Photo Credit: Airforce Symposium and Expo 2024

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Flight Training Management Software Provider FlightLogger Onboards Philippine Flight School First Aviation Academy

Subic, Philippines based flight training organisation First Aviation Academy is pleased to announce that FlightLogger, a cutting-edge flight management system that will enhance the pilot training experience for its trainees, is now live and being used by its flight and ground instructors and pilot trainees.

This strategic collaboration marks a significant milestone for both organizations as they aim to streamline flight training operations and provide students with state-of-the-art tools to monitor and manage their flight training with First Aviation Academy.

FlightLogger is widely used by over 180 flight training organizations in around 45 countries worldwide. FlightLogger offers a comprehensive suite of features designed to simplify flight planning, tracking, and analysis. With its user-friendly interface and advanced capabilities, FlightLogger empowers pilots and instructors alike to optimize training sessions, monitor progress, and ensure adherence to safety protocols.

This collaboration aligns with FAA’s commitment to delivering the highest standards of aviation training and equipping their students with the tools they need to succeed in the industry.

As part of the partnership, FlightLogger provided specialized training sessions to instructors and students at First Aviation Academy, ensuring a seamless transition to the new system and maximizing its benefits.

Source: First Aviation Academy
Photo Credit: First Aviation Academy

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