COMMERCIAL AVIATION

Royole & Airbus unveil the first three cabin flexible display prototypes at Airshow China

Royole Corporation | October 01, 2021

Royole and Airbus confirmed the appetite for cabin flexible display solutions, after presenting the first three cabin flexible display prototypes this week at Airshow China, building on the partnership established between the two brands in 2018.

Fully flexible display is an ultra-thin and ultra-light cutting-edge technology, adapting to any cabin surface with minimum integration efforts. Working as a 'sticker', it is the human-machine interface of the future in aviation, we are making it real with Royole, and we will continue to work together to push the boundaries of what is possible for aviation.

- Alejandro Morales, Airbus project leader for Flexible Display.

Utilizing fully flexible displays instead of traditional LCDs in aircraft can reduce both cost and weight, saving fuel and reducing carbon emissions in airliners, which will provide new paths to improving the sustainability of our world.

- Mr. Hong Zhao, COO of Royole Corporation

Royole's flexible solutions will save hundreds of thousands dollars (USD) of fuel each year, and meet the industry's strict quality and safety standards, passing the AS9100 and DO160 tests for flammability, toxicity and smoke. Today, Royole is the only flexible display manufacturer that can deal with the high demanding requirements of aircraft cabin.

Flexible electronics can improve both the sustainability and value of commercial airlines, improving passenger experiences, re-imagining inflight entertainment, and creating new spaces for advertisers. It also represents the future of semiconductors that will drive category innovation, promoting a more environmentally sustainable future and enhancing many aspects of consumers lives.

About Royole Corporation
Royole Corporation is the global leader in flexible technology solutions, revolutionizing the way people experience and interact with the world. Royole's end-to-end proprietary technologies span fully flexible displays and sensors, delivering next-generation enterprise and consumer experiences that transform the way people live, work and engage with technology. Since its inception, Royole has achieved multiple industry milestones, including developing the world's thinnest, full-color fully flexible display, the world's first mass production facility for fully flexible displays, and the world's first commercial foldable smartphone with flexible display brought to market, FlexPai®. Founded in 2012, Royole Corporation has offices in Shenzhen, Beijing, Hong Kong, Japan, California and the Netherlands.

Spotlight

As one of the world's busiest air hubs with a large family of airlines and an integrated logistics gateway, Changi Airport is a conduit to the world beyond.The 6th busiest airport for international arrivals, Changi served over 58.7 million international passengers in 2016. We fly to over 380 cities all over the world, with many of them to South-East Asia, and the rest of Asia Pacific


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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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AIR TRANSPORT

Alaska Airlines and Air Tahiti Nui announce new partnership

Alaska Airlines | March 30, 2022

With more of us ready to venture out once again to incredible international locations, Alaska Airlines announced today that Air Tahiti Nui is our newest global airline partner – opening a world of adventure, fun and relaxation in the islands of Tahiti. Beginning Oct. 4, Air Tahiti Nui will begin new nonstop service between our hometown airport in Seattle and Papeete, the capital of French Polynesia located on its main island Tahiti. From there, the possibilities are endless for escapes to dozens of other nearby islands. "Who hasn't dreamed of visiting Bora Bora? We're delighted to have Air Tahiti Nui join our array of global airline partners, further connecting the West Coast to the South Pacific," said Nat Pieper, senior vice president of fleet, finance and alliances at Alaska Airlines. "Our guests are going to love the convenience of a nonstop flight to this amazing destination on an airline that offers world-class service and amenities flying the beautiful Boeing 787-9 Dreamliner aircraft." "It is with great enthusiasm that we are launching this new direct service to the Pacific Northwest. This will help the further development of tourism to French Polynesia, including from the market of Western Canada. Alaska Airlines is the perfect partner for this, and we are looking with great excitement at the new commercial opportunities that lay ahead. This will strongly reinforce the position of Air Tahiti Nui as the leading airline for services to and from Tahiti." Mathieu Bechonnet, managing director at Air Tahiti Nui Air Tahiti Nui has existing daily nonstop service between Papeete and Los Angeles, an additional key Alaska hub airport on the West Coast. There's also another flight for our guests to get excited about: Air Tahiti Nui, with its historical connection to France, provides nonstop service between Los Angeles and Paris – an extremely popular route between two world cities. Starting April 1, Alaska's Mileage Plan members can earn miles on all Air Tahiti Nui flights. (Please allow 6-8 weeks for miles to post in Mileage Plan accounts.) Mileage redemption for Air Tahiti Nui flights is expected to be available later this spring. Tickets for Air Tahiti Nui flights can be purchased now on the airline's website. Alaska is a member of the oneworld global alliance. With oneworld and our additional airline partners, our guests can earn and redeem miles with our highly acclaimed Mileage Plan program to fly on more than 20 oneworld and partner airlines all around the globe. Alaska remains committed to Next-Level Care for our guests and employees by implementing more than 100 ways to maintain the highest standard of safety – from clean planes to clean air in the cabin with hospital-grade air filtration systems. For everyone's safety on board, Alaska continues to enforce the federally mandated mask policy, even for those who are fully vaccinated.  About Alaska Airlines Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico. We emphasize Next-Level Care for our guests, along with providing low fares, award-winning customer service and sustainability efforts. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world.

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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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AVIATION TECHNOLOGY

Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to Icelandair

Aviation Capital Group | March 17, 2022

Aviation Capital Group LLC (“ACG”) announced the delivery of one new Boeing 737-8 MAX aircraft on long-term lease to Icelandair. This Boeing 737 MAX aircraft, powered by CFM International’s LEAP-1B engines, is part of a multi-aircraft transaction between ACG and the airline. “With this delivery, we are delighted to complete the purchase and leaseback of two Boeing 737-8 MAX aircraft and the long-term financing through ACG’s Aircraft Financing Solutions program of one Boeing 737-9 MAX aircraft with Icelandair,” said Robert Lewandowski, Managing Director of ACG. “We look forward to continuing our close and long-standing relationship with the Icelandair Group and working with them on their future financing needs,” added Roger Carley, Vice President of Marketing for ACG. “Icelandair is delighted to team up with ACG, a long-lasting business partner, on this transaction. The renewal of our fleet with new eco-efficient airplanes like the Boeing 737 MAX is an important step towards reaching our ambitious goals of reducing the company’s carbon emissions by 50% by 2030.” Bogi Nils Bogason, CEO of Icelandair About Aviation Capital Group Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with over 440 owned, managed and committed aircraft as of December 31, 2021, which are leased to approximately 90 airlines in approximately 45 countries. ACG is a wholly owned subsidiary of Tokyo Century Corporation.

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Spotlight

As one of the world's busiest air hubs with a large family of airlines and an integrated logistics gateway, Changi Airport is a conduit to the world beyond.The 6th busiest airport for international arrivals, Changi served over 58.7 million international passengers in 2016. We fly to over 380 cities all over the world, with many of them to South-East Asia, and the rest of Asia Pacific

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