COMMERCIAL AVIATION

Jet Edge to Establish Teterboro Airport Base With Signature Aviation

Jet Edge | January 24, 2022

Airport News
Signature Aviation, the world’s largest network of Fixed Base Operations (FBOs), and Jet Edge International, a leader in full-service global private aviation, have signed an agreement to occupy Signature’s East facility at Teterboro Airport (TEB) in New Jersey. The New York City area base will grant Jet Edge charter program members, aircraft owners, and its fleet access to dedicated hangar and maintenance space at one of the world’s busiest private aviation airports.

A re-envisioned FBO interior is part of a long-term agreement for a 44,000 sq. ft. portion of Signature Teterboro East’s Hangar 202, as well as associated office and workshop space. The introduction of the New York area base will enhance Jet Edge’s offerings in one of the most significant business aviation markets worldwide, guaranteeing consistency and privacy for passengers embarking via one of its private aircraft, in addition to providing benefits for Jet Edge AdvantEdge plane owners.

“We are delighted to welcome Jet Edge to its new home at Signature Teterboro East, Signature is focused on offering exceptional experiences and essential support services to business and private aviation customers. Our large-scale infrastructure footprint is a key enabler of travel and our expertise in private aviation handling and real estate is a catalyst for driving mutual value with our partners. We look forward to working with Jet Edge in one of our key geographic markets.”

- Virasb Vahidi, Chief Revenue Officer of Signature Aviation.

“The New York metropolitan area has been the largest market trailing 3 years for Jet Edge and compliments our already established Signature facility in Los Angeles. New York will be a strategic focus for Jet Edge in 2022 and beyond. We couldn’t be more excited to partner with Signature to provide our clients coast to coast access to a dedicated facilities at Teterboro and Van Nuys.”

- Bill Papariella, CEO of Jet Edge

About Signature Aviation
Signature Aviation is one of the world’s preeminent global aviation companies offering exceptional experiences and essential support services to business and private aviation customers. The company’s large-scale infrastructure footprint enables travel and is a critical global economic driver. Signature operates an industry-leading network of private aviation terminals, with over 200 locations covering key destinations in 27 countries across five continents. The United States is the company’s largest market with operations at 38 of the top 50 busiest airports. The company also offers over 11 million square feet of multi-use office and hangar real estate, providing unique network-wide benefits and advantages to customers who base their aircraft at a Signature location. For more information, please visit www.signatureaviation.com

About Jet Edge
Jet Edge is a leader in full-service global private aviation. As an integrated super-midsize and large cabin management operator and maintenance provider, Jet Edge services aircraft owners and charter flyers with a world-class operational platform. Jet Edge extends individual clients and corporations 365-day-a-year access to one of the most well-appointed aircraft fleets in the world. Backed by unparalleled award-winning safety programs and overseen by a leadership team with wide-ranging experience in commercial and private aviation operations and management, Jet Edge delivers excellence in aircraft management, charter management, on-demand charter, aircraft sales, and maintenance.

Spotlight

With more than 1,200 flights transporting more than 130,000 passengers every day, we are conscious of our environmental footprint. We’re always looking for ways to reduce the burden we place on the planet from eliminating plastic straws on our flights to partnering with Neste, a leading producer of renewable fuels.


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AIR TRANSPORT

Cardless, Inc, & LATAM Airlines Group S.A. partner to create, a new co-branded United States credit card program

Cardless | March 31, 2022

San Francisco-based financial technology firm, Cardless, Inc, and LATAM Airlines Group S.A. partner to create, distribute and market a new co-branded United States credit card program for avid American travelers. Specific benefits of the new LATAM Airlines Credit Card program, along with availability for applications, will be announced later this year. "We are beyond thrilled to be joining forces with LATAM in our first foray into travel rewards credit cards. Moving beyond entertainment and leisure, travel rewards are an absolute necessity in the 21st century – a fact that the isolation of the past two years has only intensified. We can't wait to help LATAM reward their customers with tangible benefits that bring people across the world back together." Michael Spelfogel, President and Co-Founder of Cardless Cardless cards offer a number of features designed for digital native consumers, both in terms of security and easy access. New users will easily be able to apply for a Cardless card using their smartphone, and the virtual card will be delivered to their mobile wallet in seconds. The physical card will carry no card number, in order to protect the user from fraud – should the digital-only number become compromised, users will be able to receive a new number through the Cardless mobile app. "We strive to continuously improve our customer experience and this new partnership seeks to offer more options for accumulating miles through a simpler and more intuitive digital experience. Fintech companies are pioneers in adaptability and flexibility with the end-user in mind, and the LATAM Airlines Credit Card program exemplifies this.", said Paola Peñarete, Vice President of Sales for North America, Caribbean, Mexico, and Asia, LATAM Airlines Group. LATAM Group currently offers travelers the opportunity to join LATAM Pass, one of the largest airline loyalty programs in the world with over 40 million members to date. LATAM Pass members can join the waitlist to become one of the first to apply for the LATAM Cardless credit card program. About LATAM Airlines Group S.A LATAM is based in Santiago, Chile, offering nonstop flights between Los Angeles, Miami, New York and Orlando in the United States, and key destinations in South America. LATAM's international codeshare partners add even more opportunities for U.S. customers to earn and redeem miles for global travel. About Cardless, Inc. Cardless, Inc. is a credit card company based in San Francisco, CA. Founded in 2019 by Stanford graduates Michael Spelfogel and Scott Kazmeierowicz, Cardless is on the cutting edge of co-brand credit card product development. Cardless has raised $50M in equity funding from investors including Activant Capital, Greycroft, Accomplice, Pear VC, the ownership of Boston Celtics and Phoenix Suns, and the Founders of Plaid, Bonobos, Flatiron Health, and 100 Thieves.

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AEROSPACE

HONEYWELL SELECTED BY LOCKHEED MARTIN SIKORSKY-BOEING TO POWER DEFIANT X HELICOPTER IN KEY U.S. ARMY PURSUIT

Honeywell | February 15, 2022

Honeywell has been selected to provide its new HTS7500 turboshaft engine as the power behind the Lockheed Martin Sikorsky-Boeing DEFIANT X® helicopter, currently a contender to win the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) competition. The HTS7500 turboshaft engine is the newest and most technologically advanced model in Honeywell's family of military engines, which includes the iconic T55 engine that has powered the H-47 fleet for over 60 years. Like the T55, the HTS7500 is a highly reliable engine designed to thrive in austere environments and to perform to keep military personnel safer. The HTS7500 enhances mission readiness and exceeds mission power and fuel consumption requirements. The new engine comes equipped with a modernized control system, which enables a highly secure flow of engine data. The control system improves operating capabilities, reduces life-cycle costs, and ensures engine health status through its digital thread road map. "This engine builds upon the battle-proven architecture of the T55, but the HTS7500 takes engine performance, reliability and efficiency to a whole new level, The engine is structurally similar, which is great for maintainers in the field because they can use current tools and training. However, when it comes to performance, the HTS7500 is 42% more powerful than the T55-GA-714A and has the lowest total weight compared to other engines in its horsepower class." -Dave Marinick, president, Engines and Power Systems, Honeywell Aerospace. "We're committed to the U.S. Army's focus on modernization and multidomain operations, and the selection of Honeywell's latest engine technology for the DEFIANT X® is proof of that commitment, The HTS7500 checks all the right boxes for the Lockheed Martin Sikorsky-Boeing team and the Army, and we are excited to play a part in the future of vertical lift for our Army customer and Team DEFIANT." -Ricky Freeman, president, Defense and Space, Honeywell Aerospace. The DEFIANT X® will be the fastest, most maneuverable assault helicopter in history. It can fly two times faster and farther than the Black Hawk and is currently being tested in a digital combat environment, where it continues to prove its unmatched range and survivability. FLRAA was initiated by the U.S. Army in 2019 to develop a new utility helicopter that will replace the Sikorsky UH-60 Black Hawk starting in 2030. The Black Hawk was developed in the 1960s and 1970s and was selected by the U.S. Army in 1976. FLRAA will provide the next generation of capability for decades to come for the U.S. Army, and the HTS7500 has been built to provide world-class reliability and time on wing for this next generation of aircraft. Engines designed by Honeywell have been at the forefront of aircraft propulsion for nearly seven decades, shaping aviation's progress in civilian and military applications around the world. Honeywell's high-performance, high-power engines combine rigorous testing with rugged design, ensuring smoother operation in the harshest environments. Continuous improvement programs have resulted in engines that today provide more power with lower fuel consumption, enhanced safety and proven reliability. About Honeywell Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft. The Aerospace business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components and more. Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports. Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.

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AIRPORT MANAGEMENT

Avelo Airlines Starts Nonstop Service Between the Palm Beaches and Southern Connecticut

Avelo Airlines | January 03, 2022

Avelo's exclusive direct service between Connecticut's most convenient airport – Tweed-New Haven Airport (HVN) - and Palm Beach International Airport (PBI) will operate daily between December 16, 2021 and January 4, 2022. Flight 345 departs HVN at 7:00 a.m. arriving PBI at 10:10 a.m. Flight 346 departs PBI at 10:50 a.m. arriving HVN at 1:40 p.m. Beginning January 5, Avelo will operate the flight five days per week (Mondays, Thursdays, Fridays, Saturdays and Sundays). The flights will be operated by Boeing Next Generation 737-700 aircraft. "We are excited to begin service today between the Palm Beaches and Southern Connecticut, HVN is Connecticut's most convenient airport and the ultimate gateway between the remarkable cultural, dinning, entertainment and outdoor options both regions have to offer. We look forward to welcoming our new Customers from both popular and beautiful destinations." -Avelo Chairman and CEO Andrew Levy. Explore the Palm Beaches The Palm Beaches is home to legendary beaches, shopping and entertainment. The area's iconic restaurants, glitzy nightlife and unapologetically luxurious resorts attract sunseekers from across the globe. Lined with stately palm trees, this South Florida paradise is a vacationer's nirvana. With miles of world-famous white sand beaches and turquoise water, there is a spot on this majestic Atlantic coastline for every mood and interest. "We are excited to welcome Avelo Airlines to PBI with nonstop service from New Haven, CT, Offering our passengers an easy, convenient, stress-free experience is our goal and this will only build on that reputation. The northeast is a very important market and additional nonstop service is key to its continued growth and popularity for our travelers." -Laura Beebe, director of airports for Palm Beach County. The New Way to Connecticut Best known as the home of Yale University, New Haven is the second largest city in Connecticut and is part of the New York metropolitan area. The coastal city has experienced—and continues to enjoy—a renaissance. Within an easy stroll from the New Haven Green are more than 100 distinctive restaurants, offering something for every palate, and the city abounds with theaters, museums, and shopping destinations to satisfy all interests and tastes. New Haven has a rich cultural heritage, from museums and theatres to music festivals and entertainment throughout the year, including the New Haven Jazz Festival, the annual St. Patrick's Day Parade, and the Wooster Square Cherry Blossom Festival that regularly bring thousands of visitors to the city. Amidst the crowds, long lines, lengthy walks, and traffic congestion encountered at other airports frequented by travelers to and from the region, HVN offers a refreshingly smooth and simple alternative hometown airport experience. HVN's adjacency to multiple major highways and commuter railways make it Connecticut's most convenient and easily accessible airport. Avelo is the first airline to offer nonstop flights between HVN and Florida. Avelo's arrival to HVN also marks the largest expansion of service at HVN in more than 30 years. A Different, Better and More Affordable Travel Experience Avelo's everyday low fares have no change or cancellation fees. There is also no charge for Customers who choose to make reservations by phone. Additionally, Avelo offers several unbundled travel-enhancing options that give Customers the flexibility to pay for what they value, including priority boarding, checked bags, carry-on overhead bags, and for bringing a pet in the cabin. Avelo operates single-class, fuel-efficient 147-seat 737-700 Boeing jets between HVN and PBI, offering Customers a more spacious and comfortable experience than the regional aircraft historically serving HVN. Customers may choose from several seating options, including seats with extra leg room, as well as pre-reserved window and aisle seating. Avelo became America's first new scheduled airline in nearly 15 years when it initiated service on April 28, 2021, from its first base at Los Angeles' Hollywood Burbank Airport (BUR). The airline – which offers a convenient, affordable, and caring experience – currently serves 18 popular destinations across the U.S. Avelo initiated service from HVN to Florida on November 3. In addition to PBI, Avelo currently serves Fort Myers, Tampa, Fort Lauderdale and Orlando. Avelo will initiate service to Sarasota/Bradenton, Fla. in January. Avelo is distinguished by its Soul of Service culture. The culture is grounded in a "One Crew" mindset that promotes teamwork, understanding and kindness. By caring for one another and owning their commitments, Avelo Crewmembers provide a smooth, enjoyable, reliable, and caring experience for its Customers. About Avelo Airlines Avelo Airlines was founded with a simple purpose — to Inspire Travel. The airline offers Customers time and money-saving convenience, very low everyday fares, and a refreshingly smooth and caring experience through its Avelo Soul of Service culture. Operating a fleet of Boeing Next Generation 737 aircraft, Avelo serves 18 popular destinations across the U.S., including its West Coast base at Los Angeles' Hollywood Burbank Airport (BUR) and its East Coast base at Tweed-New Haven Airport (HVN). For more information visit AveloAir.com. Avelo BROLL + Images here.

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BUSINESS AVIATION

AerAdvise Adds Additional Aircraft Types to Part-CAMO Approval and Receives Airworthiness Review Privileges

AerAdvise | December 22, 2021

AerAdvise are pleased to announce they have extended the part-CAMO Terms of Approval to include the following aircraft types; B737 MAX, A319/A320/A321 NEO, A330, A350, B787, ATR 42, ATR 72, E190, E195 and Bombardier Q400. These approvals are in addition to the existing approvals for B737 NG and A318/A319/A320/A321. The AerAdvise CAMO approval now includes the authorisation to perform Airworthiness Reviews on each of these aircraft types. "We would like to thank all who were involved in getting these approvals. The additional capabilities will be a useful addition to our portfolio of services for all our existing and future customers." -AerAdvise CAMO team Subsequent to receiving the approval, AerAdvise completed its first Airworthiness Review Certificate recommendation for Emerald Airlines in December.

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Spotlight

With more than 1,200 flights transporting more than 130,000 passengers every day, we are conscious of our environmental footprint. We’re always looking for ways to reduce the burden we place on the planet from eliminating plastic straws on our flights to partnering with Neste, a leading producer of renewable fuels.

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