BUSINESS AVIATION

Southern California's Ontario International Airport Authority authorizes major ground lease and development agreement for surplus property

McDonald Property Group | December 24, 2021

emirates news
The Ontario International Airport Authority (OIAA) Commission voted unanimously today to authorize a Development and Entitlement Agreement that will lead to a ground lease for approximately 198 acres of surplus property at the Southern California airport. The 55-year lease will generate approximately $275 million over the first 10 years, which will support ongoing airport improvements while keeping costs down for airlines.

The OIAA determined the property, located east of Haven Avenue, north of Jurupa Avenue, south of Airport Drive and west of Carnegie Avenue, is unsuited for typical airport use, making it surplus to the airport's aviation/aeronautical needs. (See accompanying ONT aerial photo showing surplus property to be leased.)

"We are pleased and proud to move forward with the first of several major real estate transactions to monetize vacant property since the airport was transferred to local control in November 2016, As envisioned in the OIAA strategic business plan, the ongoing revenue stream will help ONT fund vital safety, security and infrastructure projects while keeping airport costs to airlines low. As a result, ONT will become even more attractive for airlines to inaugurate and increase flight schedules."

- Alan D. Wapner, Mayor pro Tem of the City of Ontario and President of the OIAA Board of Commissioners.

CanAm Ontario LLC, a venture formed by San Antonio, TX-based USAA Real Estate Company and McDonald Property Group of Newport Beach, CA, will develop the vacant property for industrial use in compliance with the Airport Compatibility Plan required under State Law.

Steven Ames, Managing Director-Investments, USAA Real Estate Company, sounded a note of optimism following the Board's action.

CanAm Ontario was selected following a competitive process which began with 17 bidders managed by CBRE Group, Inc., a global leader in real estate services and investment headquartered in Los Angeles.

The deal calls for a non-refundable $10 million deposit to OIAA. After allowing time for CanAm Ontario to obtain local jurisdictional entitlement and environmental approvals, rental revenue to the OIAA will start at $25 million in the first year, increasing in five-year increments, resulting in revenue of $90.6 per year in the final five years. The net present value of the agreement is $625 million.

"The air carriers at Ontario support efforts that keep operating costs low, which benefits anyone who uses the airport, This is an example of the Authority's continued efforts to provide funding for airport improvements while reducing airline costs".

- Trey Hettinger, Chair of the ONT Airline Affairs Committee representing the Signatory passenger and cargo airlines operating at ONT.

Airport officials noted that special consideration was given to ensure the transaction complies with applicable federal laws and Federal Aviation Administration policies and provide lease revenue exceeding fair market value as determined by three independent appraisals. Federal law requires that revenues generated by the airport be used for airport purposes.

About Ontario International Airport
Ontario International Airport (ONT) is the fastest growing airport in the United States, according to Global Traveler, a leading publication for frequent fliers. Located in the Inland Empire, ONT is approximately 35 miles east of downtown Los Angeles in the center of Southern California. It is a full-service airport which, before the coronavirus pandemic, offered nonstop commercial jet service to 26 major airports in the U.S., Mexico, Central America and Taiwan. 

About the Ontario International Airport Authority (OIAA)
The OIAA was formed in August 2012 by a Joint Powers Agreement between the City of Ontario and the County of San Bernardino to provide overall direction for the management, operations, development and marketing of ONT for the benefit of the Southern California economy and the residents of the airport's four-county catchment area. OIAA Commissioners are Ontario Mayor Pro Tem Alan D. Wapner (President), Retired Riverside Mayor Ronald O. Loveridge (Vice President), Ontario City Council Member Jim W. Bowman (Secretary), San Bernardino County Supervisor Curt Hagman (Commissioner) and retired business executive Julia Gouw (Commissioner).


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BUSINESS AVIATION

SICK and Aeva Partner to Bring 4D LiDAR to Industrial Sensing Applications

Aeva Technologies, Inc. | August 02, 2022

Aeva® a leader in next-generation sensing and perception systems, and SICK AG announced a strategic multi-year collaboration to bring Aeva’s FMCW 4D LiDAR™ to a variety of industrial sensing applications including long range sensing, starting with Aeries™ II. “We are pleased to partner with Aeva and work closely together to bring its FMCW technology to high performance industrial sensing applications. We are convinced that their unique approach to FMCW technology, which includes instant velocity detection and long range performance, will provide new opportunities for us and our customers in a variety of industrial sensing applications where traditional time of flight LiDAR technologies are challenged.” Dr. Niels Syassen, Member of the Executive Board responsible for Technology and Digitization at SICK Aeva’s FMCW 4D LiDAR technology provides unique perception advantages over other sensing technologies like cameras and legacy 3D LiDAR sensors. This includes better dynamic range performance to perceive low and high reflectivity targets within the same measurement without edge effects, allowing automated machinery to transition easily from indoor to outdoor operation. Because Aeva’s technology is immune to blooming and ghosting from retroreflectors, automated machines using Aeva’s 4D LiDAR will have clear perception when highly reflective objects such as safety vests, cones and tape are in the field of view of the sensor. The technology clearly detects low and highly reflective objects such as safety vests, pylons and adhesive tapes in the sensor's field of view. FMCW helps increase reliability and efficiency in demanding 3D applications. “SICK is one of the foremost leaders in industrial sensing solutions and today’s partnership is a major step forward for the advancement of high performance and reliable FMCW-based sensing across a broad set of industrial applications,” said Soroush Salehian, Co-founder and CEO at Aeva. “This strategic collaboration is a testament to the industry-leading performance and versatility of our unique 4D LiDAR technology for scaled deployment in industrial applications.” About SICK AG SICK is one of the world’s leading solutions providers for sensor-based applications in the industrial sector. Founded in 1946 by Dr.-Ing. e. h. Erwin Sick, the company with headquarters in Waldkirch im Breisgau near Freiburg ranks among the technological market leaders. With more than 50 subsidiaries and equity investments as well as numerous agencies, SICK maintains a presence around the globe. In the 2021 fiscal year, SICK had more than 11,000 employees worldwide and a group revenue of around EUR 2 billion. About Aeva Technologies, Inc. Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, consumer electronics, consumer health, security and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions.

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AIR TRANSPORT

CMC Electronics wins contract with KAI

CMC Electronics | July 11, 2022

CMC Electronics is pleased to announce that Korea Aerospace Industries has awarded a new contract to CMC for the modernization of the Republic of Korea Air Force fleet of KA-1 trainer aircraft used for advanced mission training and light attack missions. KAI was looking for a best-in-class cockpit upgrade to renew their products and provide ROKAF's KA-1 fleet with more modern avionics with room for growth. Drawing from a long and fruitful business relationship, CMC worked closely with KAI to meet their request and proposed its state-of-the-art mission computer-based cockpit built on the PU-3000, the world's first certified multicore mission computer. The PU-3000 and its partitioned, embedded, software applications offer a flexible solution to integrate several conventional multifunctional displays (MFDs) or a single large area display (LAD) configuration as used in the KA-1 solution. The PU-3000 software development kit also allows KAI to develop specific proprietary mission applications on their own. "This new contract is a timely and strategic development for all parties involved. We believe that the upgraded KA-1 platform with a PU-3000 driven LAD interface will both increase aircraft availability and better prepare ROKAF pilots for their future modernized frontline fleet of KF-X fighters." Mr. Brad Nolen, Vice President, Sales and Marketing at CMC Electronics Mr. Jae Min Park, Deputy Senior Manager, Aircraft Procurement team, added: "KAI is confident that the KA-1 avionics upgrade program will be successfully completed in a timely manner adding vastly improved system performance and capabilities to the KA-1 aircraft." CMC's solution allows KAI's trainer to emulate the advanced avionics of today's cutting-edge fighter aircraft. The system employs the latest in cockpit management technology, resulting in better and more rapidly trained pilots at a far lower cost than conventional training. The PU-3000 avionics computer is the world's first civil certified multicore mission computer. It can host multiple avionics applications reducing equipment count and integration costs. Modular by design, it can be used as a common computing platform able to host a large variety of functions into a single unit and is capable of driving multiple screen sizes with the redundancy needed for flight critical functions. CMC Electronics has achieved an international reputation for innovation and excellence in the design and manufacture of innovative cockpit systems integration, avionics, display solutions and high-performance microelectronics for the military and commercial aviation markets. Based in Montreal, Canada, the company also has facilities in the USA serving its customers worldwide.

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DEFENSE AND SPACE

Global Aerospace's SM4 Aviation Safety Program offers insights for The Year of the Aviation Mechanic in 2022

Global Aerospace | June 06, 2022

As we ring in the New Year, many of us like to think big. How can we have the most impact in the new year? How can we recruit and provide the best people with the best tools, training and motivation to excel? How can we find the resources to accomplish all of our grand ideas floating like sugarplums though our holiday-spirited minds? Here is one of mine. I think it is long overdue, and I’d like to invite you to join in with me. Pretty much everyone in our industry knows that aviation mechanics are the unsung heroes of aviation. But that understanding has never seemed to migrate into providing the same kind of focused, world-class training or rock star recognition that the "other folks" get. You know, the ones that sit up front, push a few buttons, and take credit for getting from point A to point B. Not to dismiss the efforts of these highly trained and skilled professionals that fly, but it has always seemed odd to me that the ones who are behind it all and maintain these finely tuned technologies seem somehow to fade into the background of our collective minds. Of course, when something goes wrong with a maintenance task, everyone is quick to recognize it—the panel that fell off in flight or the landing gear pin that was left installed. With the millions of maintenance sequences that occur around the globe every week, it’s amazing we don’t see more of these. Let me be clear about what I see: Millions of flights across our industry take place safely without significant recognition of the people who make it happen. It’s time we take notice and celebrate these men and women as rock stars in their own right. A Tough Time for Technicians The airworthiness of aircraft has never been in better hands, but the entire system is severely stressed right now, making it an extremely tough time for professional technicians. COVID protocols, flying schedule upheaval, proficiency concerns, financial questions and a host of the other basic mental health matters the entire world is dealing with make the error-free work needed to ensure airworthiness a very tough task. We must respect and mitigate this risk. And since I operate under the philosophy that none of us is as smart as all of us, I’m casting a wide net. Industry-wide, I’m declaring 2022 as “The Year of the Aviation Mechanic,” with the idea of bringing all available resources to bear in support of these tireless professionals during these challenging times. Operators, OEMs, MROs, academia, insurance companies and other special interest groups all can play a valuable role in a coordinated effort. This might end up being nothing more than a symbolic gesture. Or it could gain momentum and become a powerful tool to improve the airworthiness and professional readiness across our industry. Time will tell. Right now, I’m a lone voice with a big idea. But with just a little help to get the ball rolling, we might be able to highlight the incredible work, opportunity and rewards that come with the job, and recruit the next generation into a culture of proud, compliant, professionalism. So, here is what I am asking. Think about what the industry needs to improve the recruitment, training and performance of professional maintainers. Write down your list and send it to me. Think hard about what you can do, where you are, to support our maintenance professionals during this challenging time. Take the actions available to you. Share what works. Join in the year-long effort to create sustainable improvement across the industry. Towards that end, we have some events already in mind. Convergent Performance will fund, develop and deliver a worldwide celebration and online symposium on the past, present and future of these doggedly persistent men and women who “keep ‘em flying.” This is tentatively planned for June 2022, so stay tuned for more developments and outreach for presenters and ideas. Additionally, we will seek out partners and contributors to make this more than a one-day event and provide sustainable improvement ideas for those who are in small organizations who might not otherwise have the resources to take advantage of advanced training opportunities. About Global Aerospace SM4 Aviation Safety Program The Global Aerospace SM4 Safety Program has revolutionized the way insurance specialists help their clients achieve higher levels of operational safety. SM4 was built on the concept of integrating four critical safety components: planning, prevention, response and recovery. Its mission is to help organizations manage risk, enrich training efforts, strengthen safety culture and improve safety management systems.

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DEFENSE AND SPACE

Boeing to Open Japan Research Center and Expand Sustainability Partnerships

Boeing | August 01, 2022

Boeing will strengthen its partnership with Japan by opening a new Boeing Research and Technology center. The facility will focus on sustainability and support a newly expanded cooperation agreement with Japan's Ministry of Economy, Trade and Industry. Boeing and METI have agreed to broaden their 2019 Cooperation Agreement to now include a focus on sustainable aviation fuels electric and hydrogen powertrain technologies, and future flight concepts that will promote zero climate impact aviation. That is in addition to exploring electric and hybrid-electric propulsion, batteries, and composite manufacturing that will enable new forms of urban mobility. "We are excited to open our latest global research and technology center here in Japan. Working with terrific partners like METI, the new center will expand upon Boeing-wide initiatives in sustainable fuels and electrification, and explore the intersection of digitization, automation and high-performance aerospace composites for greater sustainability in our future products and production systems." said Greg Hyslop, Boeing chief engineer and executive vice president of Engineering, Test & Technology The BR&T – Japan Research Center will be located in Nagoya, which is already home to many of Boeing's major industrial partners and suppliers. The facility will further expand Boeing's research and development footprint in the region, which includes centers in Australia, China and Korea. Boeing is fully committed to supporting Japan's SAF industry and has been accepted as the latest member of ACT FOR SKY, a voluntary organization of 16 companies that works to commercialize, promote and expand the use of SAF produced in Japan. It was founded by Boeing airline customers All Nippon Airways (ANA) and Japan Airlines (JAL), along with global engineering company JGC Holdings Corporation, and biofuel producer Revo International. Masahiro Aika, representative of ACT FOR SKY, said, "ACT FOR SKY welcomes the participation of Boeing. We look forward to Boeing collaborating with the other members to "ACT" for the commercialization, promotion and expansion of SAF in Japan." In addition to becoming partners in ACT FOR SKY, Boeing has a long history of innovating with ANA and JAL on sustainable aviation, which includes pioneering SAF-powered flights and launching the ground-breaking 787 Dreamliner. Today, they signed agreements to work together to study advanced sustainable technologies, including electric, hybrid, hydrogen and other novel propulsion systems in an endeavor to reduce the carbon footprint of aircraft. Boeing Chief Sustainability Officer Chris Raymond added, "To ensure the enormous societal benefits of aviation remain available for generations to come, we must continue to partner with capable innovators and leaders to support the industry's commitment to net zero carbon emissions by 2050. We are humbled to join ACT FOR SKY and collaborate with other members to share global best practices and help with the scale up and demand of SAF in Japan. And we are honored to open the Japan Research Center and expand our work with airline customers ANA and JAL on advanced technologies to realize zero climate impact aviation." As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity.

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