Market Intelligence: South East Asia

Aircraft Manufacturer Piper Aircraft Announces New Model in its Line of High-Performance Aircraft

United States headquartered Piper Aircraft, Inc. announced a new model in its PA46 line of high-performance aircraft—the Piper M700 FURY—a single-engine, 700 shaft horsepower, cabin-class turboprop.

The Piper M700 FURY represents the first step towards a new generation of the M-Class family, outperforming past PA46 models and several competitive aircraft in performance, operational cost efficiencies, and overall value. Powered by the Pratt & Whitney PT6A-52 engine, the M700 FURY boasts a maximum cruise speed of 301 ktas with a max range of 1,149 nm / 1,849 km (at max cruise speed, 1,424 nm at normal cruise speed) while maintaining its Basic Med compliant 6,000-pound MGTOW limit.

At a 301-knot max cruise speed, the M700 FURY stands alone as the fastest single-engine aircraft in Piper’s enviable 87-year, 134,000 unit production history, and it’s the second fastest model of all time. Only the mighty Piper Cheyenne 400LS turbine twin is faster.

Key performance highlights in different phases of flight include:

  • Take-off Performance – TOFL distance over a 50’ obstacle at SL, STD day MGTOW is a classleading 1,994 ft., representing a 641 ft., 24 percent improvement when compared to the M600 SLS that it replaces. That TOFL performance is also 1,198 ft. (38 percent) shorter than a competing single-engine jet.
  • Initial Climb – after a MGTOW departure, the M700 enjoys a class-leading 2,048 fpm climb rate, 32 percent better than the M600.
  • Climb to Altitude – settled into the climb, the M700 FURY reaches a comfortable FL250 in 13.9 minutes (34 percent quicker than the M600) after covering a short 34-mile distance (35 percent less distance than prior) while only burning 97 lbs. of fuel (25 percent less fuel than the M600 and nearly 50% less fuel than a single-engine jet competitor).
  • Cruise – 301-knot max cruise speed.
  • Landing Performance – Landing over a 50 ft. obstacle, the M700 FURY continues its classleading performance, achieving a 26 percent reduction versus the M600 and within half the ground roll distance of some competitors.

“The M700 FURY is a beautifully efficient, cross-country thoroughbred that gives our customers a performance-based flight experience with economics never seen before,” said Piper President and CEO John Calcagno. “We listened, and we delivered. The M700 FURY encompasses power, performance and the most advanced safety measures available today and an overall value proposition that is extremely compelling to individuals and corporate flight departments alike.”

Airframe changes to accommodate the more powerful engine include a redesigned, more efficient intake plenum that improves ram air recovery, new engine mount assemblies and an improved exhaust stack design that maximizes residual thrust.

The M700 FURY features Garmin’s G3000® avionics system—a touchscreen-controlled glass flight deck. The G3000 avionics suite is the most sophisticated Garmin technology available and offers the most comprehensive, intuitive and technologically advanced package in today’s market. It all comes standard in the M700 FURY along with the HALO Safety System (including Garmin’s Autoland technology) that was first certified in the M600/SLS.

The new model will retain Garmin’s PlaneSync™ technology, which includes a 4G LTE Cellular and WiFi® datalink that enables new avionics capabilities to streamline an aircraft owner’s pre-flight and post-flight activities. Piper is also first-to-market with Garmin’s remote aircraft status capability enabling owners to remotely check the fuel quantity, aircraft location, oil temperature, battery voltage, the current METAR at the aircraft’s location and more via the Garmin Pilot™ application. PlaneSync technology also automatically downloads databases wirelessly while the aircraft is powered down and the owner is away from the aircraft.

This new aircraft includes six (6) new interior schemes, featuring new leathers and aesthetically styled seats that have been thoughtfully crafted with the customer in mind.

FAA certification for the aircraft will be achieved before the end of Q1, 2024 with deliveries starting immediately thereafter. International validations for Canada, EASA, the UK, and Brazil will be achieved in the second half of 2024, with customer deliveries in those regions before the end of the year.

About Piper Aircraft

Piper Aircraft Inc., headquartered in Vero Beach, FL, offers aviators throughout the world efficient and reliable single- and twin-engine aircraft and is the first general aviation aircraft manufacturer in the world to certify Garmin Autoland. The single-engine M-Class series–the M700 FURY, M500, and M350–offers businesses and individuals elegant performance, value, and a superior ownership experience. The Personal Class Archer LX and Archer DLX balance proven performance, efficiency, and simplicity in a piston-powered aircraft. The Trainer Class Pilot 100i, Archer TX, Archer DX, and Seminole aircraft form the most complete technically-advanced line of pilot training aircraft in the world. Piper is a member of the General Aviation Manufacturers Association. 

Source: Piper Aircraft
Photo Credit: Piper Aircraft

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Philippines-based Flight School Announces Partnership with Local Bank for Student Loans

First Aviation Academy, a flight school based in Subic Bay International Airport, recently signed contracts for loan partnerships with the Philippine National Bank (PNB).

“We’re looking forward to this fruitful partnership to help aspiring pilot trainees attain their goals in getting ahold of quality flight training programs,” said First Aviation Academy in a statement. “We understand their financial challenges, thus we pushed through offering innovative, short-term loan programs for them.”

Source: First Aviation Academy
Photo Credit: First Aviation Academy

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Operator of Digital Platform Used by 30,0000 Aspiring Pilots Per Month is Seeking Buyer

Aviationfly.com, one of the world’s most visited websites for aspiring pilots, is seeking a new operator. Current owner believes the platform potential can be better captured and realized by strategic buyer and is looking to sell the platform.

Platform Overview

  • One of the world’s most visited websites for aspiring pilots – top 5 most visited websites globally when compared to international flight schools
  • 1.2 million pageviews p. year from 195 countries (visitors from every country across the globe)
  • Over 30,000 unique website users per month
  • Clean Database of over 72,000 aspiring pilots from the last 3 years
  • Organically generating between 10,000 to 20,000 aspiring pilot leads per year(depending on funnel filter criteria)
  • Optimized funnel to filter aspiring pilot leads automatically
  • Optimized SEO platform for high domain authority and backlinks profile
  • 1,408 pages of content on platform
  • Well established brand name within the industry
  • Learning management system to share and monetize e-learning courses
  • Large scale social media following including;
    • Youtube – 173 video’s, over 11,100 subscribers, around 13,000 views per month
    • Facebook – over 32,000 followers
    • Instagram – over 2,300 followers
    • LinkedIn – over 1,800 followers

Opportunity Highlights

  • If your target customers are aspiring pilots or if you have a product or service which can grow through additional aspiring pilot leads then this platform is a unique value-add digital asset to operate
  • The platform will organically generate a high number of aspiring pilot leads for the foreseeable future and provides the operator with numerous avenues of monetization

Especially if you are a flight school with more than 10 aircraft that is looking to grow your international aspiring pilot enrolments this platform will be suited to power your next phase of growth.

If interested kindly contact us.

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IATA: Air Travel Reaches 99% of 2019 Levels as Recovery Continues in November 2023

The International Air Transport Association (IATA) released data for November 2023 air travel performance indicating that air travel demand topped 99% of 2019 levels.

Total traffic in November 2023 (measured in revenue passenger kilometers or RPKs) rose 29.7% compared to November 2022. Globally, traffic is now at 99.1% of November 2019 levels.

International traffic rose 26.4% versus November 2022. The Asia-Pacific region continued to report the strongest year-over-year results (+63.8%) with all regions showing improvement compared to the prior year. November 2023 international RPKs reached 94.5% of November 2019 levels.

Domestic traffic for November 2023 was up 34.8% compared to November 2022. Total November 2023 domestic traffic was 6.7% above the November 2019 level. Growth was particularly strong in China (+272%) as it recovered from the COVID travel restrictions that were still in place a year ago. US domestic travel, benefitting from strong Thanksgiving holidays demand, reached a new high, expanding +9.1% over November 2019.

“We are moving ever closer to surpassing the 2019 peak year for air travel. Economic headwinds are not deterring people from taking to the skies. International travel remains 5.5% below pre-pandemic levels but that gap is rapidly closing. And domestic markets have been above their pre-pandemic levels continuously since April,” said Willie Walsh, IATA’s Director General.

International Passenger Markets

Asia-Pacific airlines had a 63.8% rise in November traffic compared to November 2022, which was the strongest year-over-year rate among the regions. Capacity rose 58.0% and the load factor was up 2.9 percentage points to 82.6%.

European carriers’ November traffic climbed 14.8% versus November 2022. Capacity increased 15.2%, and load factor declined 0.3 percentage points to 83.3%.

Middle Eastern airlines saw an 18.6% traffic rise in November compared to November 2022. November capacity increased 19.0% versus the year-ago period, and load factor fell 0.2 percentage points to 77.4%.

North American carriers experienced a 14.3% traffic rise in November versus the 2022 period. Capacity increased 16.3%, and load factor fell 1.4 percentage points to 80.0%.

Latin American airlines’ November traffic rose 20.0% compared to the same month in 2022. November capacity climbed 17.7% and load factor increased 1.7 percentage points to 84.9%, the highest of any region.

African airlines had a 22.1% rise in November RPKs versus a year ago. November 2023 capacity was up 29.6% and load factor fell 4.3 percentage points to 69.7%, the lowest among regions.

The Bottom Line

“Aviation’s rapid recovery from COVID demonstrates just how important flying is to people and to businesses. In parallel to aviation’s recovery, governments recognized the urgency of transitioning from jet fuel to Sustainable Aviation Fuel (SAF) for aviation’s decarbonization. The Third Conference on Aviation Alternative Fuels (CAAF/3) in November saw governments agree that we should see 5% carbon savings by 2030 from SAF. This was followed up at COP28 in December where governments agreed that we need a broad transition from fossil fuels to avoid the worst effects of climate change.  Airlines don’t need convincing. They agreed to achieve net zero carbon emissions by 2050 and every drop of SAF ever made in that effort has been bought and used. There simply is not enough SAF being produced. So we look to 2024 to be the year when governments follow-up on their own declarations and finally deliver comprehensive policy measures to incentivize the rapid scaling-up of SAF production,” said Walsh.

Source: IATA
Photo Credit: IATA

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Regional Aircraft Manufacturer, Embraer, Highlights its Growing Asia Pacific Presence at the Singapore Airshow

Embraer will display its defense & security, commercial aviation, business aviation and urban air mobility solutions at the Singapore Airshow 2024, taking place from 20 – 25 February 2024. The biennial Singapore Airshow is Asia’s most influential international aerospace and defense exhibition.

“We are excited to be back at the Singapore Airshow with a great lineup of aircraft that showcase the collective strength of Embraer,” said Francisco Gomes Neto, President and CEO at Embraer. “Our presence in Asia Pacific is growing and the Airshow provides us a great platform to further interact with the aerospace and defense communities across the region.”

For the first time at the show, Embraer will present the C-390 Millennium multi-mission tactical transport aircraft. The aircraft is experiencing a positive sales momentum and was recently selected by South Korea’s Defense Acquisition Program Administration (DAPA).

Also making its debut in Singapore is the Praetor 600, the most technologically advanced business jet in its category. The Praetor 600, renowned for its exceptional performance and versatility, was delivered to South Korea’s Flight Inspection Center (FIC) at the end of 2023.

The E195-E2 commercial jet, the world’s most fuel-efficient and quietest single-aisle aircraft returns to the Singapore Airshow, this time sporting the newest ‘Tech Eagle’ livery. The E2 received important orders in the region last year, including Scoot, and deliveries more than doubled in 2023 in comparison with the previous year.

Making the company’s debut at the Singapore Air Show, Eve Air Mobility will be presenting an overview of its eVTOL, services and operations solutions including its Urban Air Traffic Management software solution at Exhibition Hall C Booth #C-C87. The company will have its full-size eVTOL cabin mockup on display, marking its first trip to Asia Pacific as part of its world tour. Eve and will also offer visitors a unique virtual reality (VR) flight experience.

Singapore is the nerve center for Embraer’s Asia Pacific operations, in addition to the Company’s China office in Beijing.

Embraer Press Activities at the Show:

20 Feb 2024: Embraer Group Press Briefing (2pm, Function Room 3)
21 Feb 2024: Embraer C-390 Press Briefing (11am, Function Room 3)
20 – 22 Feb 2024, 3.30pm: Aircraft visits for journalists

About Embraer

Embraer is a global aerospace company headquartered in Brazil. It manufactures aircraft for Commercial and Executive aviation, Defense & Security, and Agricultural customers. The company also provides after-sales services & support through a worldwide network of wholly owned entities and authorized agents.

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 is the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers across the Americas, Africa, Asia, and Europe.

About Embraer Commercial Aviation

Embraer’s E-Jets E2 family aircraft, the E190-E2 and E195-E2, are the most efficient narrow body aircraft on the market, providing the lowest operating costs and highest yields for airlines, as well as greater comfort for passengers and space for their luggage, and less noise and less impact on the environment. CO2 emissions from E2 jets are up to 25% lower compared to the previous generation of aircraft, and this reduction could reach up to 85% with the use of SAF.

This year, the company introduces the E195-E2 Tech Eagle Profit Hunter in recognition of the growing number of new E2 customers around the world. The impressive livery reflects the aircraft’s high-tech features and excellent performance. Like an eagle, the E2 flies efficiently and silently.

About Embraer Defense & Security

Embraer Defense & Security products and solutions are present in more than 60 countries and include the multi-mission C-390 Millennium military transport aircraft and the A-29 Super Tucano light attack and advanced trainer aircraft.

The C-390 aircraft was first delivered to the Brazilian Air Force in 2019 and has proven its capability, reliability, and outstanding performance on domestic and overseas missions, as well as its ability to quickly respond to emergency or humanitarian situations. The aircraft has been contracted by Brazil, Portugal and Hungary and selected by the Netherlands, Austria, the Czech Republic and most recently, South Korea.

About Embraer Executive Jets

Embraer is creating tomorrow’s world of bespoke private air travel today, utilizing industry-leading innovation, design, and technology—all the while incorporating sustainable and socially responsible practices. As a global company with more than 54 years in aerospace, Embraer delivers the ultimate experience in business aviation through aircraft that feature disruptive performance, technology and comfort. Its portfolio consists of the Phenom 100EX, which offers unmatched cabin comfort, the highest levels of operational versatility and enhanced pilot-centric avionics; the Phenom 300E, which is the best-selling light jet for the past 11 consecutive years; and the Praetor 500 and the Praetor 600, the most disruptive and technologically advanced midsize and super-midsize business jets, respectively. Every day, Embraer business aircraft operate around the globe, supported by a strong, responsive customer support network that’s top-ranked in service across the industry. For more information, visit executive.embraer.com.

About Eve Air Mobility

Eve is dedicated to accelerating the Urban Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer S.A.’s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, a comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve has been listed on the New York Stock Exchange, where its shares of common stock and public warrants trade under the tickers “EVEX” and “EVEXW”. For more information, please visit eveairmobility.com.  

Embraer Sustainability Commitment

For over 20 years, Embraer has been working on and developing green initiatives to make aircraft cleaner and quieter to contribute to the aviation industry’s goal of achieving net zero emissions by 2050. Embraer aims to be carbon neutral by 2040 and achieve carbon neutral growth from 2022. It plans to implement 25% sustainable aviation fuel (SAF) use in its operations by 2040 and 100% renewable energy sources by 2030.

The company has a recognized history of innovation in sustainable fuels, which includes the industry’s first certified ethanol-powered aircraft in 2004. Collaborating closely with its customers and partners, the company has been continually enhancing the efficiency and performance of its current and future products. The E2 family of jets, for example, is targeted to be certified compatible with 100% SAF before 2030.

Source: Embraer
Photo Credit: Embraer

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Global Pilot Training Solution Provider, CAE, Launches Flight Operations Consulting

CAE is excited to announce the launch of CAE Flight Operations Consulting, the pilot training group’s comprehensive suite of consulting services that delivers customized solutions tailored to your business.

Based on CAE’s years of experience working closely with airline partners to revolutionize their flight operations, this pioneering service has been designed to transform business and flight operations with valuable insights and a partnering approach.

The Flight Operations Services are a comprehensive suite of services encompassing Consulting, Planning as a Service, Training, and Customer Success. Seamlessly optimize your airline’s operations across crew management, pairing, rostering, workforce planning, training, incident management, and beyond.

The comprehensive suite of consulting services includes:

  • Base Study – Tailored suggestions for an optimal basing structure aligned with operational and strategic needs.
  • Schedule Analysis – In-depth cost impact assessments through cutting-edge optimization and analytics for schedule modifications.
  • Rules Documentation – Clarity-driven support to interpret and integrate rules, enhancing safety and averting regulatory penalties.
  • Leave and Training Slot Calculations – Precision analyses to harmonize leave and training slots with crew requirements, flight volumes, and seasonal demands.
  • Post-Publish Change Audit – Thorough auditing to detect and rectify deviations between planned and actual processes.
  • Buffer Analysis – Strategic buffer creation to increase robustness of crew rosters and aircraft schedules, while maintaining efficiency.
  • Recovery Manager Calibration – CAE Recovery Manager calibration to fortify against delays and stay updated.
  • Delay and Standby Analysis – Identifying delay trends, causes, and maximizing standby utilization for enhanced efficiency.
  • Strategic Union Negotiation Analysis – Conducting comprehensive cost-benefit assessments for rule changes, union negotiations and regulatory adaptations.
  • Fatigue Management – Identifying fatigue patters and combinations within schedules using cutting-edge fatigue algorithm models, improving safety and crew satisfaction.

Source: CAE
Photo Credit: CAE

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US Aircraft Manufacturer Boeing Delivers 528 Commercial Airplanes, Records 1,576 Net Orders in 2023

Boeing delivered 528 commercial airplanes and recorded 1,576 net orders in 2023, the US aircraft manufacturer announced in its fourth-quarter results.

According to Boeing:

  • the 737 program continues to deliver airplanes and its production rate is now at 38 per month.
  • The 787 program production rate is now at five per month.

During the fourth quarter in 2023, commercial airplanes booked 611 net orders, including:

  • 411 737
  • 98 777X
  •  83 787

Commercial Airplanes delivered 157 airplanes during the quarter and backlog included over 5,600 airplanes.

Source: Excerpts from Boeing Reports

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