American Airlines sees encouraging demand trend

American Airlines | June 10, 2020

American Airlines has transported an average of 127,000 passengers daily in June so far, up from a low of 32,000 passengers daily in April, as travellers once again take to the sky while the global coronavirus crisis enters its fourth month. President and chief executive Doug Parker told the Fort Worth-based airline’s shareholders on 10 June that the carrier is encouraged by the recent rise in demand, even though it builds on a very low base.

Spotlight

The A330's origin dates to the mid-1970s as one of several conceived derivatives of Airbus's first airliner, the A300. The A330 was developed in parallel with the four-engine A340, which shared many common airframe components but differed in number of engines. Both airliners incorporated fly-by-wire flight control technology, first introduced on an Airbus aircraft with the A320, as well as the A320's six-display glass cockpit. In June 1987, after receiving orders from various customers, Airbus launched the A330 and A340.


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AVIATION TECHNOLOGY

EmbraerX signs a Services Agreement with Jet Flight Service for the use of Beacon

EmbraerX | February 03, 2022

EmbraerX (B3: EMBR3,NYSE: ERJ) signed an agreement with Jet Flight Service (JFS), a global MRO service provider headquartered in Russia certified by the European Union Aviation Safety Agency (EASA) and Russian Federal Agency for Air Transport (FATA). This partnership is supporting Jet Flight Service (JFS) in gaining efficiencies by onboarding their teams into Beacon's multi-sided platform. After seeing the market adopt Beacon across Central and Eastern Europe, JFS decided to join the platform, recognizing it as the best alternative for improving coordination during maintenance operations. The main advantages identified by the provider were related to streamlining maintenance cases, reducing out-of-service time, eliminating redundant communications and leveraging data insights to improve the operation. "Beacon is easy to use and adopt as it does not replace any systems for us. First, it is a communication solution and second, it is a machine learning engine that builds knowledge bases for the technicians of the future. You can't find that combination anywhere else," - Kirill Trushkovskiy, General Director of Jet Flight Service. As their teams get onboarded into the Beacon platform, Jet Flight Service is increasing its productivity by expediting communication more efficiently to their customer base and improving coordination among all stakeholders working on interruptions. Teams are benefiting by getting back time and energy that today is wasted due to scattered communication and the use of outdated technologies. "As an early adopter of Beacon, Jet Flight Service is a great example of a company recognizing the new technology trends. We are thrilled to welcome an organization that understands that success is dependent on coordination and reliability. JFS demands this of us to continually deliver excellence to their customers," - Marco Cesarino, Head of Beacon. With this agreement, Beacon is bringing more players of the ecosystem into its platform so they can collaborate better and smarter while accelerating return-to-service. Beacon is continuing to serve all types of aircraft and leveraging the benefits of technology as a means to cut through complexity and facilitate collaboration in an industry that is ripe for digital transformation. About Jet Flight Service The history of Jet Flight Service starts in 2002, when the first Embraer-135BJ aircraft was delivered to Russia. Over the years of complicated and interesting work, our specialists mastered such modern aircraft as Embraer Legacy 450/500/600/650 and Praetor 500/600, contemporary Gulfstream lineup, including the leading G550 business jet, and Boeing BBJ. Our engineers were first in Russia to be endorsed on Legacy 600, 650 and Gulfstream G450. Aside from our Moscow facility, we have Base Maintenance capability for various aircraft models, including but not limited to Legacy and Praetors, all Challengers and most of the Globals in Riga and Dubai, DWC airport. About Beacon Incubated by EmbraerX, Embraer's market accelerator for disruptive businesses, Beacon is the maintenance coordination platform for faster return-to-service. It is an innovative platform designed to connect and synchronize industry resources, the aftermarket supply chain, and aviation services professionals in a more agile and efficient way to keep aircraft flying. Beacon aims to unleash high-value interactions and business opportunities to multiple stakeholders within the service ecosystem. The platform is initially focused on providing solutions to unscheduled aircraft maintenance interruptions. Through an easily accessible digital web and mobile application (IOS and Android), Beacon's main goal is to connect companies and professionals with one another in a revolutionary way. The technology triggers a network of accredited providers, fostering real-time collaboration during unplanned maintenance activities, accelerating the return to service of aircraft. About EmbraerX EmbraerX is a market accelerator committed to developing solutions that transform life's experiences. As an organization, we are uniquely positioned to lead the world at the intersection of disruptive innovation, autonomy, and air mobility because the values that drive our work are deeply human, cross-culturally resonant, and completely tech-enabled. About Embraer A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales. 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 the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

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AIR TRANSPORT

Bristow and Overair Form Strategic Partnership to Introduce Butterfly; a Zero Emission, Low-Noise Vertical Transport Vehicle

Global Market Insights Inc. | December 17, 2021

Bristow and Overair Form Strategic Partnership to Introduce Butterfly; a Zero Emission, Low-Noise Vertical Transport Vehicle Bristow has pre-ordered 20 to 50 Butterfly aircraft and both companies will work together to develop an operations development framework focusing on vehicle design considerations, key performance parameters, FAA certification, flight planning best practices, data sharing for improvement of flight operations, connected vehicle and health monitoring strategies, configuration and maintenance protocols, infrastructure, ground support operations, connected fleet management, and government affairs and promotion of eVTOL operations. "Bristow's decades of vertical lift experience will greatly enhance Butterfly's path to commercialization. Their operating insight, combined with our development and execution of the Butterfly program, will position Butterfly to serve Bristow as a valuable workhorse on high-density routes, We're elated to learn from Bristow's practical expertise and ultimately deliver an aircraft optimized for their use cases." -Ben Tigner, Chief Executive Officer of Overair. "Our MOU with Overair allows us to advance our leadership position in the vertical transportation market that we've built over the past 70+ years and will now set the stage for the next generation of vertical flight. Our collaboration facilitates expansion into new high-density geographic markets with sustainable, innovative and efficient vertical lift and aerial transport services, As the global leader in vertical lift, Bristow's operational expertise and efficiency, supported by the trust and confidence of our customers, can safely bring eVTOL aircraft into the market." -Bristow President and Chief Executive Officer Chris Bradshaw. Bristow, one of the world's largest and most experienced helicopter operators, plans to use the unique attributes of these eVTOL aircraft to help reduce its carbon footprint. The company understands the benefits of a varied fleet and intends to diversify its existing operations with Butterfly and other eVTOLs for commercial air taxi routes in metropolitan areas. Notably, of the vehicles Bristow is currently considering, Butterfly is the only aircraft with a vectored thrust configuration. Bristow expects to optimize its fleet management strategy by matching eVTOL attributes with the most economically productive mission profiles. Butterfly's low-noise profile, payload capacity and ability to fly in a broad range of weather conditions will be well-suited for high-density, noise sensitive routes in geographies with varied environmental concerns. The Butterfly aircraft features low maintenance costs and mechanical simplicity, which enables high vehicle uptime and utilization, increasing operator margins and passing value on to riders. Overair's experience developing military-grade rotorcraft propulsion systems is expected to unlock a highly strategic collaboration between the companies. Work is set to begin immediately, focusing on FAA certification planning, a robust safety operating culture, and other unique aspects of vertical flight operations. About Bristow Group Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of major integrated, national and independent offshore energy companies. Bristow provides commercial search and rescue (SAR) services in several countries and public sector SAR services in the United Kingdom (U.K.) on behalf of the Maritime & Coastguard Agency (MCA). Additionally, the Company offers ad hoc helicopter and fixed wing transportation services. Bristow currently has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the U.S. About Overair Overair, Inc. is positioned to be a global leader in advanced air mobility. Based in Santa Ana, California, Overair's growing team is harnessing decades of military aircraft innovation to design, manufacture, and operate all-electric vertical takeoff and landing aircraft. With a path to FAA certification in 2025, Overair is dedicated to making the world a smaller, cleaner place for everyone using Butterfly, the most robust, efficient, and quiet aircraft in its class.

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AVIATION TECHNOLOGY

The Sterling Group Completes the Acquisition of West Star Aviation

The Sterling Group | March 03, 2022

The Sterling Group ("Sterling"), an operationally-focused middle market private equity firm, is pleased to announce the acquisition of West Star Aviation, LLC ("West Star") from Norwest Equity Partners. West Star is a provider of maintenance, repair, and overhaul ("MRO") services to the business aviation industry providing maintenance, modification, and other services to aviation customers. West Star provides services at four primary locations in East Alton, Illinois; Grand Junction, Colorado; Chattanooga, Tennessee; and Perryville, Missouri, as well as fifteen mobile repair bases and satellite MRO facilities. West Star also provides parts distribution and composite repair services through its Avant and DAS businesses respectively. Sterling has deep experience in the business aviation industry, having previously partnered with entrepreneur owners to build Lynx, an FBO Network. Greg Elliott, a Partner at The Sterling Group, has been involved in building several business aviation platforms in the past twenty years, including as either Chairman or Board Member of Lynx, Encore, Trajen, and Landmark Aviation. "We believe that our experience coupled with West Star's industry-leading customer service capabilities will make us a powerful combination, Jim Rankin has built a stellar leadership team, and we are eager to help accelerate their growth plans." -Greg Elliott, Partner at The Sterling Group. "Sterling's employee-focused approach to their business partnerships and their expertise in the general aviation space makes them the perfect fit for West Star, As we enter our 75th year, the combined efforts of our experienced employees, our founders, and now the Sterling team, will allow West Star to continue to offer the best customer experience in the industry," -Jim Rankin, CEO of West Star Aviation. West Star has been voted the #1 Preferred MRO for eight consecutive years from 2014-2021 in Professional Pilot Magazine's annual PRASE Survey. The survey first included the 'Most Preferred MRO' category in 2014 and West Star has won the #1 slot each year since its inception. About The Sterling Group Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $750 million. Sterling has sponsored the buyout of 62 platform companies and numerous add-on acquisitions for a total transaction value of over $14.0 billion. Sterling recently closed its fifth investment fund with $2.0 billion in commitments and currently has over $5.7 billion of assets under management.

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AEROSPACE

AIR Partners with FlyOnE To Accelerate Personal eVTOL Aviation Adoption In Australia

AIR | March 11, 2022

Today AIR, creator of eVTOLs for the consumer market, announced its partnership with Australia's FlyOnE, a pioneer of goods and services in the emerging green transport market and a leading supplier of electric aircraft. The partnership also marks the launch of the AIR Brand Ambassador (ABA) program, enabling strategic partners around the world the opportunity to share the freedom of personal flight with their communities. FlyOnE will serve as AIR's local service and maintenance partner and will facilitate the delivery of 25 of the first AIR ONE vehicles to customers in 2025. As the first official AIR Brand Ambassador, FlyOnE will play a significant role in laying the groundwork enabling AIR's vision, the mass adoption of personal air vehicles, to come to life in Australia, where Advanced Air Mobility (AAM) regulation is already in motion. In contrast with the Urban Air Mobility industry developing air taxis for commercial use, AIR's inaugural vehicle, AIR ONE, allows individual consumers to embrace the freedom of flight in their daily travels. The vehicle is a sporty, all-electric two-seater eVTOL offering a range of 110 miles (177 km) on a single charge at speeds up to 155 miles per hour (250 km). The AIR ONE allows owners to take off and land on any flat surface. "We are thrilled to expand our reach to Australia, a trailblazing market with very high growth potential, with the help of such a forward-thinking partner as FlyOnE," said Rani Plaut, CEO and Co-founder of AIR. "As we continue to discuss future potential brand ambassadorships around the world, we believe FlyOnE's dedication to electric aviation adoption on all levels will significantly impact public acceptance of personal eVTOLs and help the industry take flight." AIR is partnering with manufacturers, suppliers, distributors, and other relevant players in the aerospace and automotive industries as part of its newly launched AIR Brand Ambassador program to fuel the personal air mobility revolution around the world. AIR believes the innovation and determination of the AAM industry coupled with the foresight of early adopters is a necessary step on the path to public acceptance of eVTOLs. "At FlyOnE, we believe that AIR's vehicle and mission align perfectly with our own, which is why we're excited to facilitate their entry into the Australian market and serve as an AIR Brand Ambassador. We are committed to being at the forefront of the electric aviation industry in Australia, and the personal eVTOL adoption process will play a key role in its growth over the next few years." Korum Ellis, CEO and founder of FlyOnE About AIR AIR is revolutionizing everyday mobility for everyday people, empowering individuals to seize the power of personal flight. Combining aerospace innovation with the maturity of automotive technology and uncompromising safety standards, AIR's first-of-its-kind AIR EVs offers the ground-breaking opportunity to easily "drive the sky." Founded by Chen Rosen and later joined by Netanel Goldberg and Rani Plaut, based in the green fields of Pardes Hanna, near Tel Aviv, AIR is paving the way for a cleaner, more thrilling future of mobility, affording everyone the freedom to fly. About FlyOnE FlyonE is pioneering goods and services in the emerging electric aviation sector. Bringing together industry leaders and innovators in the manufacture, supply and distribution of electric aircraft, FlyOnE is establishing market leading ESG friendly air transport solutions for corporate bodies and recreational users alike.

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Spotlight

The A330's origin dates to the mid-1970s as one of several conceived derivatives of Airbus's first airliner, the A300. The A330 was developed in parallel with the four-engine A340, which shared many common airframe components but differed in number of engines. Both airliners incorporated fly-by-wire flight control technology, first introduced on an Airbus aircraft with the A320, as well as the A320's six-display glass cockpit. In June 1987, after receiving orders from various customers, Airbus launched the A330 and A340.

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