ExpressJet Airlines Reaches New Contract Agreement with Flight Attendants

Aviation Pros | March 11, 2020

ExpressJet Airlines announced that a new four year collective bargaining agreement (CBA) went into effect on Mar. 9, covering the airline's Flight Attendants represented by the International Association of Machinists and Aerospace Workers, AFL-CIO. The new agreement, implemented following the conclusion of an arbitration proceeding, includes wage increases for the Flight Attendants and combines two previously separate work groups into one seniority list and contract.

Spotlight

Boom Supersonic has announced it has broken ground on its Super Factory, which will be home to Overture. Boom expects production to begin in 2024, with a first flight in 2026. Once flying, it will be the fastest commercial aircraft available and utilise state-of-the-art technology. However, Boom has a lot to prove still.

Spotlight

Boom Supersonic has announced it has broken ground on its Super Factory, which will be home to Overture. Boom expects production to begin in 2024, with a first flight in 2026. Once flying, it will be the fastest commercial aircraft available and utilise state-of-the-art technology. However, Boom has a lot to prove still.

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AIR TRANSPORT

Allclear Signs New Agreement to Continue as Honeywell Aerospace’s Distributor

AllClear Aerospace and Defense | January 30, 2023

The military aftermarket mission-ready solutions provider AllClear Aerospace & Defense has recently signed a new distribution agreement with Honeywell Aerospace for a multi-year period. Honeywell International Inc. is a globally diversified technology and manufacturing company serving its aerospace products and services, which deal with controlling, sensing and security technologies. AllClear will continue being a trusted Honeywell stocking distributor for their mechanical and air thermal systems' components. Additionally, under the new agreement, the F-15, a weather-resistant fighter flown by the United States Air Force and a twin-engine multi-role fighter plane used by the US Navy F-18's wheels and brakes, will be distributed exclusively by AllClear worldwide. In addition, with this agreement, AllClear, a premier channel partner of Honeywell, will continue to support the requirements of aftermarket military aerospace products and services across the globe. AllClear will stock the high-demanded products of Honeywell to deliver readiness solutions to operators. Eric Hillewaert, Vice President of Global Growth for AllClear, said, "We are excited to renew, grow, and strengthen our partnership with Honeywell, building on our long history of representing Honeywell products to our global customers base." (Source: Business Wire) About AllClear Aerospace & Defense Based in Miramar, Florida, AllClear Aerospace & Defense is one of the industry's leading providers of military aftermarket mission-ready solutions. The company focuses on providing the US military and allies excellence in sustainment. Its sustainment solutions include 25 utilized military aircraft platforms, supporting distribution agreements from leading OEMs, in-house and managed repair solutions, manufacturing capabilities and engineered products. Founded in 2020, it represents defense aerospace experience and expertise. Additionally, AllClear is committed to the larger mission of keeping militaries mission-ready, including the following locations: Camarillo, El Segundo, Chatsworth, San Fransisco in California, Miramar (Florida), Macon (Georgia), Tokyo (Japan) and South Korea.

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AEROSPACE

IBS Software to drive Delta Cargo’s Digital Transformation

Delta Cargo | January 04, 2023

Delta Cargo, a leading transportation and logistics solutions provider, has chosen IBS Software’s iCargo Platform to digitalize its operations, boost profitability, and offer value-added services to its clients. The entire iCargo Suite will be implemented to provide an end-to-end perspective of Delta Cargo’s air value chain. This will deliver real-time operational information to enable proactive data-led business decisions. Delta Cargo witnessed a record revenue year in 2021, and IBS Software's Consulting and Digital Transformation department will ensure extensive transformation from a people, process, and technology standpoint. Sales and inventory, cargo terminal operations, air mail management, customs and security, quality management, and mobile applications are a few of the major areas that will see improvements. About IBS Software IBS Software manages mission-critical operations for clients in the airline, tour & cruise, and hospitality industries. IBS Software is a prominent SaaS solutions provider to the worldwide travel industry. By utilizing its domain expertise, digital technology, and technical excellence, The Consulting and Digital Transformation (CDx) focuses on advancing its customers' digital transformation projects. IBS Software, a firm in Blackstone's portfolio, has 15 locations worldwide. About Delta Cargo Delta Cargo uses its global network to deliver billions of cargo ton-miles to hundreds of destinations. From vital medications to transplantable organs, fresh flowers, seasonal vegetables, or cherished pets, Delta Cargo offers customized service to meet every client's requirement. In addition to being a member of the SkyTeam Cargo global alliance, Delta Cargo has joint ventures with Air France-KLM Cargo, Virgin Atlantic Cargo, Aeromexico Cargo, and Korean Air Cargo.

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AIR TRANSPORT

CDB Aviation Announces Final Delivery of Five New 737 MAX 8 Aircraft to Oman Air

CDB Aviation | March 02, 2023

On March 01, 2023, China Development Bank Financial Leasing Co., Ltd. an Irish subsidiary, CDB Aviation, announced it has completed the final delivery of five new Boeing 737 MAX 8 aircraft in a series as a part of a leaseback transaction and sale contract with the Sultanate of Oman, Oman Air, the national airline. The aircraft, equipped with CFM Leap 1B27 engines and configured with 12 business class and 150 economy class seats, will support the airline's continuously expanding network. The 737 MAX 8 is a modern and fuel-efficient narrow-body aircraft designed by Boeing. Oman Air will use these new aircraft to modernize and expand its fleet, offering its passengers a more comfortable and enjoyable travel experience. The delivery of series aircraft will also support the growth of Oman's aviation industry and economy. Oman Air has been steadily expanding its route network in recent years, focusing on enhancing connectivity to North and South America and Australia. In addition to its established routes throughout the Middle East and the Indian Subcontinent, the airline has added several new destinations in Europe and Africa. CDB Aviation's Head of EMEA, Paul Boyle, said, "We are very pleased to build on our relationship with Oman Air and expand our presence in the Middle East with this sale and leaseback transaction." He also said, "These new technology, fuel-efficient aircraft will support the airline's ongoing recovery efforts, providing the airline's passengers with greater connectivity and a wider choice of destinations from its hub in Muscat." (Source – Business Wire) About CDB Aviation Founded in 2002, an innovative aircraft fleet financing solutions provider CDB Aviation is a full-service aircraft leasing platform. The company offers a competitive cost of funding and a customer-oriented, full-service approach focused on implementation and rooted in a culture of competency. It is a wholly-owned subsidiary of China Development Bank Financial Leasing Co., Ltd., in Ireland. The State Council of China runs China Development Bank, the world's largest development finance organization.

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