Commercial Aviation, Cargo Management
EIN Presswire | January 29, 2024
B&H Worldwide, a global leader in aerospace and aviation logistics, is delighted to announce the successful acquisition of a new contract with Flair Airlines, a leading Canadian ultra-low-cost carrier headquartered in Edmonton, Alberta.
Flair Airlines, known for its scheduled passenger and chartered services with a fleet of Boeing 737 aircraft, has selected B&H Worldwide as its trusted logistics partner. Under this agreement, B&H Worldwide will provide critical support to Flair Airlines, including Aircraft on Ground (AOG) assistance, Import/Export Clearance, and deliveries. The scope of the partnership extends to cover key regions, with a focus on Canada, the USA, and Australia.
Gary Wilson, Group Managing Director of B&H Worldwide, expressed his enthusiasm, saying, "We are honoured to have been chosen by Flair Airlines to provide logistics services. This partnership signifies our commitment to delivering high-quality solutions to the aerospace industry. B&H Worldwide is poised to support Flair Airlines' operations seamlessly and contribute to their success."
To ensure a smooth and efficient import/export process, B&H Worldwide has developed a customized Standard Operating Procedure (SOP). This SOP not only facilitates a streamlined logistics process but also outlines key contacts and support points tailored to Flair Airlines' specific needs. Furthermore, it establishes service standards that align with the airline's shipment requirements.
Gary Wilson added, "Our bespoke service is a testament to our dedication to meeting the unique demands of Flair Airlines. We are committed to providing not only exceptional logistics services but also a partnership built on trust and collaboration."
B&H Worldwide will leverage their philosophy of custom processes to support Flair Airlines in their logistics operations, working closely with their supply chain team. The first successful logistics project, a COMAT shipment, included a total of 17 pallets containing aviation parts (non-Dangerous Goods), 737 main wheels, 737 nose wheels, 737 brake in a clamshell, and Inflight training equipment.
In a notable milestone, Flair Airlines loaded their own Boeing 737-800 MAX aircraft with materials destined for Australia. The 737-800 MAX aircraft departed from Calgary, Canada, and successfully landed in Coolangatta, Australia. B&H Worldwide played a crucial role in facilitating the clearance process in Australia.
Vladan Nikolic, Director of Material Supply Chain for Flair Airlines, expressed his satisfaction with B&H Worldwide's performance, stating, "The B&H Australian team's professionalism and responsiveness during the first logistics project was impressive. We have full confidence in their capabilities, and I look forward to continued collaboration at this high service level."
B&H Worldwide remains committed to delivering top-tier logistics solutions, and the partnership with Flair Airlines further solidifies the company's position as a trusted leader in aerospace and aviation logistics.
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Aerospace, Defense and Space, Aviation Technology
AAR | January 05, 2024
AAR CORP. a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has announced a new multi-year agreement with Ontic, providing AAR distribution rights to supply a strategic selection of military products to the U.S. government, with exclusivity on specified parts.
AAR currently provides military distribution support to Ontic's Cheltenham, United Kingdom, facility and commercial distribution support to Ontic's Creedmoor, North Carolina, facility. Under this additional contract, AAR will support Ontic's Chatsworth, California, facility.
Ontic is pleased to deepen our partnership with AAR through this new agreement. AAR's support adds efficiencies to our processes that allow us to best support our wide range of customers," said Terry Streb, General Manager of Ontic's Chatsworth facility. "AAR enables us to reduce turnaround times and improve product availability for our shared U.S. government customers.
AAR is enthusiastic about bolstering our strategic military portfolio by expanding our Ontic relationship to include the Chatsworth facility," said Ross Wuestenfeld, Vice President of AAR's Distribution – Defense. "Ontic is a trusted provider of parts and services to the aviation aftermarket, and we look forward to enhancing these services to support the U.S. warfighter.
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Business Aviation, Commercial Aviation, Aviation Technology
PR Newswire | January 30, 2024
CDPQ, a global investment group, and SMBC Aviation Capital, the world's second largest aircraft leasing company, announced today that they have finalized an agreement to create a USD 1.5-billion global aircraft financing and leasing platform dedicated to modern, fuel-efficient NextGen aircraft.
This new platform will focus on worldwide opportunities in new technology aircraft and target an initial deployment of USD 500 million per year, over three years. SMBC Aviation Capital will source transactions and, under a sistership condition, invest in opportunities alongside the platform. SMBC Aviation Capital will also act as servicer of the platform, which will operate under the banner Maple Aircraft Company Holdings Limited.
"Building on CDPQ's experience in the aircraft financing industry, through this new platform, we will continue to provide flexible financing solutions for airlines to meet their future fleet requirements," said Marc Cormier, Executive Vice-President and Head of Fixed Income at CDPQ. "We're delighted to partner with SMBC Aviation Capital, an industry leader with a successful track record, who has demonstrated their commitment to sustainable aviation, to find the best opportunities in the commercial aircraft industry and to achieve attractive risk-adjusted returns over the long term."
"We are pleased to partner with CDPQ on this new platform to benefit our airline customers worldwide," said Peter Barrett, Chief Executive Officer at SMBC Aviation Capital. "CDPQ is an experienced, well respected, global investment group, which is aligned with our own views on capital allocation and a sustainable aviation industry. We look forward to working with our new partners over the coming years on this collaboration."
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Aerospace
Firehawk Aerospace | January 08, 2024
Firehawk Aerospace, a market leader in hybrid rocket engine and solid rocket motor (SRM) propulsion, has secured a Small Business Innovation Research (SBIR) Phase III contract from Army Applications Laboratory (AAL). This contract underscores Firehawk's advancements in rocket propulsion and its unique capability to address critical challenges in conventional SRM supply chains.
The SBIR Phase III contract accelerates Firehawk's mission to reshape SRM propulsion, focusing on eliminating supply chain bottlenecks and bolstering system stability. Will Edwards, CEO of Firehawk Aerospace, comments, "The Phase III funding reflects our team's ability to push aerospace technology boundaries, positioning Firehawk at the forefront of innovation in tactical weapon systems."
Distinguishing itself from traditional systems, Firehawk's hybrid rocket engines boast a rapid manufacturing timeline of weeks, not years. Manufactured and tested in Texas, this approach enables faster testing and innovation at a reduced cost, in line with Firehawk's commitment to national security. By sidestepping traditional materials, Firehawk mitigates supply chain vulnerabilities, creating a resilient system ready for evolving threats.
The U.S. Army, recognizing the need for propulsion systems unaffected by supply chain issues, supports Firehawk Aerospace. The development focus includes creating analogs for key U.S. Army systems like the Guided Multiple Launch Rocket (GMLR), FGM-148 Javelin, and FIM-92 Stinger.
Firehawk Aerospace's propulsion systems aim to optimize mission profiles with extended range, reducing risks to soldiers and maintaining the U.S. Army's strategic advantage. The SBIR Phase III contract signifies a significant step forward in advancing rocket propulsion technology, addressing supply chain challenges and enhancing tactical weapon system capabilities for the U.S. Army.
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