Air Tracker

Hello everyone and thanks for tuning in today. My name is Kim Seward, I'm Manager of Asset Valuations here at mba and I'll be providing you with the daily news here on mba's Air Tracker for Wednesday 20th February 2018. Bombardier states that Pratt and Whitney's problem with the Geared turbofan engine has caused delays for the CSeries. Something that Bombardier has claimed was not an issue previously. Some Engines were late to arrive, and others had to be diverted to existing CSeries operators to meet spare engine requirements - all similar problems to what the A320s have seen. Assuming this is remedied, the OEM aims to deliver 40 CSeries aircraft in 2018 Jet Airways of India agreed to sell 13 737 MAX 8 aircraft to SMBC on sale leaseback. Over the weekend an Aseman Airlines ATR 72 impacted terrain. The French BEA will work with Iran's CAO on the investigation. Helicopter manufacturer Leonardo announced Friday they had signed a new revolving credit facility through a pool of 26 banks and book runners. This agreement provides Leonardo with a facility of €1.8 billion euro and is in response to the OEMs reduced liquidity needs Airbus delivered their first A350-1000 to launch customer Qatar Airways . The aircraft is the first of 37 ordered by the carrier VIVA AEROBUS took delivery of one new leased A320-200 SAUDI ARABIAN AIRLINES took delivery of one A320-200 Cebu Pacific Air took delivery of a new ATR 72 That’s it for today, thanks for listening and join us again tomorrow for more daily aviation news!

Air Tracker February 6, 2018 Vol1 Ep16 Emily Southworth by Morten Beyer & Agnew

Good Morning. I'm Sarah Smith, a senior associate in the Valuations group at mba, hosting your mba Air Tracker daily news for February 5th, 2018: The UK Civil Aviation Authority announced on February 3, that it has launched a review of airline allocated seating policies. The review will determine whether any operators have been purposely separating passengers intending on traveling together to additionally charge them for allocated seats that would allow them to sit together. The European Aviation Safety Agency and Airbus Helicopters have just implemented a new single Production Organization Approval to streamline certification processes. This POA replaces previous national approvals with a single, integrated framework allowing for simplified industrial exchanges between Airbus Helicopters’ manufacturing facilities across Europe. In Fleet Delivery News today… Tianjin Airlines took delivery of one A320neo Air Baltic took delivery of one Bombardier CSeries CS300 Virgin Atlantic Airways took delivery of one Airbus A330-200 News from Manufacturers today. Bell Helicopter said it experienced a 75% increase in global commercial orders in 2017. Contributing to that was the more than 200 orders the manufacturer received from China alone. Boeing debuted the first 737 MAX 7 at the company's Renton, Washington, factory. The MAX 7 is the third and newest member of Boeing’s 737 MAX family to come down the assembly line. The jet is designed for up to 172 passengers and a maximum range of 3,850 nautical miles, which is the longest range of the MAX airplane family. In Operator News flyadeal, the LCC owned by flag carrier Saudi Arabian Airlines, launched services to Abha on February 1st, with double-daily flights from both Riyadh and Jeddah Thai AirAsia launched two new routes from Thailand to China on 1 February with services commencing from Bangkok Don Mueang to Chengdu, and from Phuket to Kunming Despite the latest crash in Bitcoin and other digital currencies and the recent hacking of a major Japanese cryptocurrency exchange, Japan’s top budget carrier, Peach Aviation, still plans to accept bitcoin for airline tickets. However, the timing of the start of this service is in question, having originally planned to start accepting the cryptocurrency by the end of 2017, then pushing the start to early 2018 and this most recent announcement that they are waiting for the cryptocurrency market to settle. Air Baltic and Surf Air are currently the only airlines that accept Bitcoin as payment for flights. Thanks for listening and please join us again next time for more aviation news!

Good Morning, today is February Third, 2018. My name is Sherry Brooks, Vice President IOSA Program. Beginning today's headlines in fleet orders and deliveries: AirAsia took delivery of one new A320neo Delta Airlines took delivery of one new A321-200 Batik Air took delivery of one new A320-200 Virgin America took delivery of one new A321neo Air Astana took delivery one A321 and one A320neo J-Air took delivery of one ERJ-190 Air Canada -took delivery of one Boeing 737 MAX 8 Air India - took delivery of one Boeing 777-300 Thai Airways International - took delivery of one A350-900 Xiamen Airlines - took delivery of one 737-800 Japan Air commuter - took delivery of one ATR 42 Ryanair - took delivery of one 737 MAX 8 In Airline News… With Air India's recent management control transferred to private hands, India said a private bidder will be allowed to pick up 51% or more stake in Air India. Italy's Economic Development Minister says that Italy plans to sell Alitalia within two weeks. Flair Airlines (Canada) received an exemption and an amended foreign air carrier permit by US authorities. The Nigeria Minister of State for Aviation says that Nigeria will soon have a privately-owned national air carrier. After acquisition of four aircraft, Peruvian Airlines will begin flights to Quito, Bogota, Santiago de Chile, and Buenos Aires mid-2018. Argentina authorities have authorized Flybondi to begin operating on February 9 2018 from Buenos Aires. Fossco (US) was acquired by First Class Air Support (US). Fossco sells aircraft parts and components to airlines, repair shops, and completion centers In Lighter news A NASA satellite called IMAGE has been lost in space for 12 years. However, earlier this month a young astronomer from Canada stumbled onto signals from a satellite that was not accounted for; NASA confirmed on Tuesday this week that the re-discovered satellite is the lost in space satellite "IMAGE". Thank you for listening and please join us again next time for more aviation news!

Good Morning, today is February Second, 2018. My name is Suparna Nevagi, a Data Engineer for our Aviation Intelligence Platform - REDBOOK. Beginning today's headlines in fleet orders and deliveries: UPS has ordered 14 Boeing 747-8 cargo jets and four 767 aircraft Air Astana confirmed an order for five Embraer E2s; deliveries starting in October 2018. Aeroflot will sign firm order with Rostec for 50 of the latest Russian-built MC-21 aircraft European Aviation has signed an agreement to acquire seven A340-600s and three A340-500s from Etihad which will be delivered over the next few months Avolon took delivery of one A320neo leased into Air India Gee E CAS took delivery of its first 737 MAX 8 leased to Travel Service Air China took delivery of one new A320neo SCANDINAVIAN AIRLINES took delivery of one new A320neo In Airline News… Air Astana reported a profit of $39.1m in the year 2017. The airline recorded passenger growth of 12% and air freight growth of 23% in 2017 Air Malta and airBaltic began code-sharing that allows airBaltic passengers daily access to Malta and provides Air Malta greater connectivity to the Baltics and Eastern Europe. South African Airways (SAA) announced plans to introduce the new A330-300 on the London route from March 2018. The airline has also decided to adjust frequencies on the route to a single daily service. LOT has increased its frequencies on Kraków-Chicago route and will be operating regular flights between Budapest and Kraków starting from May. The International Air Transport Association (IATA) announced that Global Revenue Passenger Kilometers (RPKs) increased by 7.6% in 2017 comparted to 2016 and the Freight Tonne Kilometres rose by 9% in 2017 making it the strongest year of growth for air freight Thank you for listening and please join us again next time for more aviation news!

Air Tracker February 15, 2018 Vol1 Ep23 Kim Seward by Morten Beyer & Agnew

Air Tracker February 14, 2018 Vol1 Ep22 Jennifer Atkins by Morten Beyer & Agnew

Good Morning, I'm your host today, Alisa Senderovic, a Manager in the Business Valuation group at mba. Beginning today's headlines in Fleet Deliveries. Qatar Airways to take delivery of nearly 30 new aircraft in 2018. Carrier will only place new orders in 2018 if it acquires new airlines. Interjet (Mexico) took delivery of one new A321neo, serial 7939. Virgin Atlantic (UK) plans to place four new A330-200s into service by end of March 2018 Thai Airways International took delivery of one new A350-900 In Financing… Apollo Aviation Group (US) priced its fifth aircraft portfolio transaction: AASET 2018-1 Trust. Approx US$442 million of Secured Notes that will be used to acquire a fleet of 24 aircraft. In Regulatory News… Bombardier wins in its ongoing trade dispute with Boeing, as the US International Trade Commission voted unanimously that Boeing was not harmed by Bombardier and its all-new C Series jet. Norwegian Air Argentina received its Air Operator Certificate from Argentinian authorities. The government granted the carrier authority to operate 72 domestic and 80 international routes. Norwegian is planning to start serving Buenos Aires from London Gatwick Airport in February. Reporting from operators today… AirAsia Group (Malaysia) reports 4Q 2017 total passengers numbers up 17% year-on-year to 10.4 million, with ASKs up 14%, RPKs up 16%, and Load factor up 1 point to 88%. Total fleet size grew to 116 aircraft Philippine Airlines to introduce Manila – Brisbane service on 27 March 2018, with A320 initially and switching to A321neo Thanks for listening and please join us again next time for more aviation news!

Hello everyone! My name is Danielle and I'm a Quality Analyst in the IOSA Program here at mba. Let's take a look at what's going on in the industry. In mba news: mba is thrilled to announce the opening of a new office in Dublin, Ireland, expanding its presence in Europe. mba’s COO, David Tokoph, contributed to InsideMROs article on Market Shifts and New Freighter Opportunities In fleet and Transactions Singapore Airlines expects to receive its first Boeing 787-10 Dreamliner in March. American Airlines is mulling the A330-900neo and B787-9 as alternatives to its A350 order. EasyJet Europe took delivery of one A320-200 leased from Air Lease (US), as well as two A319s transferred from the carrier’s UK parent. VietJet Air took delivery of one new A321-200. Trujet inducted its fifth ATR72-600 into its fleet. In Earnings and Fundings Alaska Air Group reports its 4th Quarter 2017 net income of 367 million US Dollars, with total operating revenues up 29% to $1.9 billion. SOUTHWEST AIRLINES had $3.49b net income for 2017 on 3.7% higher revenues. It expects to increase its fleet from 706 to 750 aircraft by the end of 2018. United Airlines shares fell more than 6% in after-hours trading on 23 January 2018. In Management and Government Qatar and Kyrgyzstan signed an air services agreement.

In deliveries, three Boeing 737-800s were delivered to Aeroflot, Ryanair, and Shangdong Airlines. One A321-200 was delivered to VietJetAir. Boeing has announced the completion of flight tests for the 787-10 Dreamliner with Rolls Royce engines. Testing with GE engines has not yet concluded. Boeing has acknowledged that the blade issues on the Rolls Royce Trent 1000 for the 787-9 has been present across all carriers, rather than isolated to those with publisized flight disruptions due to groundings, such as Air New Zealand. Lockheed Martin has filed for a $212 Million Governement Reimbursement for restructuring costs of helicopter manufacturer Sikorsky Aircraft, which it aquired for $9 billion USD in 2015. An $840 million class action suit has been brought against the FAA due to privacy concerns with regards to the drone registration database created by the National Defence Authorization Act passed into law in December Airlines for America, the primary US airline lobbyist group, spent a total of $8.59 million in 2017, a 34% increase from the previous year. According to a study by the London School of Economics, in-flight broadband is expected to expand to a $130 billion global market by 2035, which equates to an additional $3.21 in per passenger revenue. According to its financial statements, Quatar Airways has aquired, unannounced, an additional 0.33% equity holding in Cathay Pacific since its initial share acquisition in November HNA announced today that it has cleared due-diligene checks for JP Morgan, UBS, Creid Suisse, and others in the past few months, mitigating the concern of collapse. China Development Bank, which is highly exposed to the company, has announced its intent to support the company, as its collapse would not be in the general interest. The Civil Aviation Administration of China has contracted US companies Jeppesen and Honeywell to address the 72% of the country's civil airports that are not currently in the administation's aviation navigation database. Taiwan has denied Chinese Airlines China Eastern and Xiamen traffic rights during Chinese new year due to China's opening of four routes near the disputed martime border earlier this month. The Australian Government has launched its second probe into airline fares in response to citizen concerns over the significantly higher price tag of rural flights compared to hub-to-hub trips.