Market Intelligence: -Training Aircraft Developments

Training and Personal Aircraft Manufacturer, Cirrus Aircraft, Breaks Ground on New Facility in the US

Cirrus Aircraft announced the groundbreaking for its new facility at the McKinney National Airport (TKI) in the Dallas Metroplex. The new construction will expand upon current Cirrus McKinney operations and provide additional space for aircraft sales, flight training, factory service and aircraft management.

“The Dallas Metroplex is a central location for many of our SR Series and Vision Jet owners,” said Todd Simmons, President of Customer Experience of Cirrus Aircraft. “With this new expansion at Cirrus McKinney, we are excited to continue enhancing the aircraft ownership experience for our current owners and also create an environment to introduce more people to the benefits of personal aviation. We are proud to partner with the City of McKinney, McKinney Economic Development Corporation and McKinney National Airport and look forward to growing personal aviation in the Dallas Metroplex.”

Cirrus Aircraft plans to invest $13 million into the new 45,000-square-foot Cirrus McKinney facility. The expansion will include a 15,000-square-foot service hangar, 15,000-square-foot storage hangar, eight shade canopies, a flight simulation space, retail store and a customer lounge with a panoramic viewing balcony.

Today, Cirrus McKinney employs more than 50 team members and plans to continue adding more career opportunities in the future.

About Cirrus Aircraft

Cirrus Aircraft is the recognized global leader in personal aviation and the maker of the best-selling SR Series piston aircraft and the Vision Jet®, the world’s first single-engine Personal Jet™, and the recipient of the Robert J. Collier Trophy. Founded in 1984, the company has redefined aviation performance, comfort and safety with innovations like the Cirrus Airframe Parachute System® (CAPS®) – the first FAA-certified whole-airframe parachute safety system included as standard equipment on an aircraft. To date, worldwide flight time on Cirrus aircraft has passed 15 million hours, and 250 people have returned home safely to their families as a result of the inclusion of CAPS as a standard feature on all Cirrus aircraft. The company has seven locations in the United States, including Duluth, Minnesota; Grand Forks, North Dakota; Greater Dallas, Texas; Greater Phoenix, Arizona; and Greater Orlando, Florida; Knoxville, Tennessee and Benton Harbor, Michigan.

Source: Cirrus Aircraft Press Release
Photo Credit: Cirrus Aircraft

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Tecnam Aircraft “P-Mentor” Wins Flieger Magazine Award 2023

On Thursday evening, 20th April, at AERO Friedrichshafen, Europe’s most important General Aviation exhibition, Tecnam received the Fliegermagazin Award for the best aircraft in 2023. The prestigious award, now in its twelfth edition, gathered more than 159 key members of the global General Aviation community and honoured the winners of the best General Aviation products and suppliers in nine categories.

The ‘Best Aircraft’ award was accepted by Walter Da Costa, Tecnam’s Chief Sales Officer, who thanked all the readers who voted for the P-Mentor to win this coveted award.

“We are excited our readers have chosen a modern, economical and ecological training aircraft as the best aircraft for the Fliegermagazin Award 2023. We agree with our readers that Tecnam has built an efficient and versatile trainer that is both interesting to clubs and smaller schools as well as large airline-type schools,” said Thomas Borcher, Editor-in-chief of Fliegermagazin.

In his acceptance speech, Walter Da Costa remarked: “We launched the P-Mentor here in Friedrichshafen just over a year ago and it has been a great success. Since then, we have received hundreds of orders from all over the world and it is becoming a paradigm for modern flight training”.

About the P-Mentor

The P-Mentor is a two-seat, single engine, piston, fully IFR aircraft, compliant with the latest CS-23 EASA & FAA requirements, allowing PBN/RNAV/AFCS capabilities. It gives modern flight schools a single platform to train students from their first flight, up to their commercial pilot license, and instrument rating. It has a variable pitch propeller, and a simulated retractable landing gear option.

The P-Mentor is designed to offer the best human-machine interface, resulting in the most effective VFR/IFR training. The generous fuel tank allows flight schools to fly all day long, without refueling, which improves operational value. It has a low cost of maintenance, low fuel consumption, and great value for money, make this aircraft a unique profit opportunity for flight schools.

Tecnam Green Fleet

Based on recent data and industry benchmarks, Italian aircraft manufacturer TECNAM has revealed that flight schools operating TECNAM’s single- and twin-engine fleets can save as much as 10 tones of CO2 emissions for every single student graduated with Commercial Pilot License – a 60% reduction compared to fleets using 100LL fuel on a journey of 155 flight hours, 30h of which on twin.

About TECNAM; “Quality Aircraft since 1948”

Tecnam is an Italian aircraft manufacturer and one of the world’s leading piston aircraft manufacturers. Founded in 1948 by brothers Luigi and Giovanni Pascale, the company is headquartered in Capua, Italy, and operates two subsidiaries in Sebring, Florida, USA, and Brisbane, Australia, to serve and support the needs of local Tecnam owners and operators. Tecnam designs and manufactures a wide range of aircraft for personal use, commercial operations, business travel, flight training, surveillance, law enforcement and other specialised applications.

Source: Tecnam Aircraft Press Release
Photo Credit: Tecnam Aircraft

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Vmo Aircraft Leasing and H55 to Collaborate on Developing Leasing Programs for Electric Aircraft

Vmo Aircraft Leasing (“Vmo”) and H55, an innovator in the field of electric propulsion technology for aviation, announced against the backdrop of the Revolution.Aero Dublin 2023 conference their commitment to working together to develop leasing solutions for new clean aviation products.

As part of the envisaged collaboration, teams from both companies are engaged in providing leasing programs targeted to support the nascent market for financing electric aircraft, battery storage energy and management systems.  

Vmo and H55 share the same vision: reducing the air transport industry’s environmental footprint and enabling it to reach net zero emissions by 2050. Vmo provides liquidity and fleet solutions to airlines, lessors and OEMs, with the goal of increasing operational and capital efficiency. H55 is uniquely positioned with its product and service offerings, combining propulsion, energy storage and management, controls, and integration services. With H55’s 20 years of experience in electric aviation (well advanced in terms of reaching certification) and Vmo’s decades of expertise in aircraft leasing, this partnership brings together complementary competencies and has all the right prerequisites for accelerating the adoption of clean aviation technologies.

“Technology and innovation are rapidly changing the aviation industry’s landscape, with emission-free aircraft designs on track to revolutionize airline fleets. With the giant addressable market, lessors will play a key role in financing electric and hybrid-electric aircraft,” said Robert Brown, Executive Chairman of Vmo Aircraft Leasing. “We’re thrilled to be at the forefront of this exciting industry development. Working together with H55 to explore bespoke leasing models will enable us to pursue fast-growing business opportunities in the burgeoning field of clean aviation technologies and bolster our leadership position with regards to sustainability.”

Commenting on the collaboration, André Borschberg, Co-Founder and Executive Chairman of H55, said: “As we are getting closer to commercialize clean aviation products, we believe it’s important to provide financing solutions for innovative products to facilitate the transition to sustainable aviation. A clear financial offering will make it possible to operators to fully appreciate the value they will derive from their investment. Leasing batteries with regular battery replacements, which will evolve in terms of improved performance, will move the cost of fuel to investing in technology. We believe that this is a very attractive offering, which only reinforces the economic and environmental advantages of electric aviation.”

Vmo and H55 agreed to kick off the collaboration with the involvement of several of H55’s first set of customers, which include OEMs, component manufacturers and operators who are working electrification programs for both new and existing designs.

This statement and any references to any product, process, method or service, including by trade name, trademark, manufacturer, or otherwise, do not constitute an express or implied endorsement, recommendation or favoring by Vmo or H55 or their respective affiliates, directors, officers or employees.

About H55 SA  

H55 is the leading provider of electric propulsion solutions and battery pack systems with the mission of enabling the aviation industry to reach net zero CO2 emissions by 2050. With 20 years of experience, and having built and flown 4 electric planes, breaking 14 world records in distance, altitude, and flight duration, the H55 team is able to solve and provide solutions to the complex challenges of certification and aircraft integration. H55 is the first company with a certified design and production organization for electric propulsion systems (EASA/FOCA). With global customers comprised of OEMs, component manufacturers and operators, H55’s modular systems have already proven themself in real flight conditions and are now being integrated in different types of aircraft configurations including general and regional aviation fixed wing applications, for both existing and new designs (in the CS23 and CS25 certification categories), as well as new aviation designs such as VTOLs featuring high power distributed electric propulsion systems.

About Vmo Aircraft Leasing 

Vmo Aircraft Leasing (“Vmo”) is a global commercial aircraft lessor operating through offices in Dublin, San Francisco, and Singapore. The company was launched in January 2021 by a team of aviation industry veterans and funds managed by Private Equity and Credit Groups of Ares Management Corporation.

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

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Training Aircraft Manufacturer Elixir Aircraft Announces Appointment for Head of Worldwide Sales

France headquartered Elixir Aircraft has appointed Mike Tonkin as its new Head of Worldwide Sales. Learn more about Elixir Aircraft or Tonkinby connecting with him through his LinkedIn profile here.

Recent announcement by the training aircraft manufacturer include;

Source: Mike Tonkin (Elixir Aircraft)
Photo Credit: Elixir Aircraft (shown as meta image)

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