State, local leaders welcome GKN Aerospace

GKN Aerospace | May 09, 2017

“Every now and then in the life of a community, a window opens up and you get to look a little bit into the future, and today, this morning, is one of those times,” said Wayne Stubbs, port executive director and chairman of the Bay Economic Development Alliance.

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DEFENSE AND SPACE

Vega C Successfully Completed Its Maiden Flight

Vega C | July 14, 2022

The Vega C rocket has completed its inaugural flight, placing the main payload LARES-2 – a scientific mission of the Italian Space Agency ASI – into its planned orbit. Six additional research CubeSats from France, Italy and Slovenia flew as secondary payloads. The launch caps a multi-year effort by ESA, the prime contractor Avio and industrial partners in 13 ESA member states to build on the heritage of its predecessor, Vega. Vega C represents a dramatic capability boost compared to Vega, which has been flying since 2012. With the new first and second stages and an uprated fourth stage, Vega-C increases performance from Vega’s 1.5 t to about 2.3 tons in a reference 700 km polar orbit. Vega-C features a new, more powerful first stage, P120C, based on Vega’s P80. Atop that is a new second stage, Zefiro-40, and then the same Zefiro-9 third stage as used on Vega. The re-ignitable upper stage is also improved. AVUM+ has increased liquid propellant capacity, to deliver payloads to multiple orbits depending on mission requirements and to allow for longer operational time in space, to enable extended missions. The P120C motor will do double service, with either two or four units acting as strap-on boosters for Ariane 6. Sharing this component streamlines industrial efficiency and improves cost-effectiveness of both launchers. “This great success is the result of the work of our people in cooperation with ESA, ASI and CNES, and highlights once again the Avio and Italian excellency in space technology in the European domain. The presence of the Italian Minister for Innovation and Digital Transition Vittorio Colao here at the flight testifies the attention and commitment of the Italian Government, that with the National Recovery Plan has decided to provide an additional boost to research and innovation in a key sector for the Country and for independent access to space. The Maiden Flight of Vega C has been just completed, but in the coming days we will start to work to the next one, expected by year-end: the first of 7 flights already booked.” Giulio Ranzo, Avio’s CEO

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AEROSPACE

Ascent Aerospace to Exhibit at IMTS in September

Ascent Aerospace | September 05, 2022

Ascent Aerospace, a leading provider of aerospace tooling systems, factory automation and integration services, will be an exhibitor at the International Manufacturing Technology Show in Chicago, IL at McCormick Place from September 12-17, 2022. As the largest show in the Western hemisphere, and this year being co-located with Hannover Messe, it will be the event of the year with over 2,000 booths and 9 application focused pavilions to cater to each and every industry need. This year at IMTS, Ascent will be showcasing a parallel kinematic machine (PKM) that has extreme accuracy, flexible mounting options and is customizable to meet specific machining applications for any industry. As an expert in automated solutions and factory integration, Ascent Aerospace can incorporate robots, like this PKM, into new or existing systems to meet specific customer needs and industry requirements. With unmatched expertise, Ascent creates flexible and scalable applications to propel production for customers in the right direction to reduce cycle times or recurring costs while increasing overall quality and a safer work environment for all. About Ascent Aerospace Ascent Aerospace is a world renowned, single-source provider of turnkey production and automated assembly systems for the aerospace, defense and space industries. Our unique offering consists of a variety of products and solutions to resolve challenging aerostructure assembly requirements, from wing components and fuselage structures to final assembly lines. As the industry's largest tooling and automation group, Ascent produces a full suite of composite tooling, including layup molds, mandrels, bond tools, and trim and drill fixtures, including the largest Invar molds ever made for aerospace. In addition, Ascent offers automated, high-precision drilling and fastening systems, having installed more than 2,200 systems globally. As an assembly line integrator, Ascent works with airframers to develop their project and see it through from process design and engineering through build and installation, to ensure it is an efficient and cost-effective solution. This strategy has allowed Ascent Aerospace to develop long-term, strategic alliances with the world's foremost manufacturers in the commercial aerospace, business aviation, defense, space launch and satellite industries.

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BUSINESS AVIATION

LeaseWorks Advances Novus Aviation Capital’s Digital Transformation

Novus Aviation Capital | September 21, 2022

LeaseWorks, a leading provider of cloud-based solutions and services to the aviation industry, announced during the ISTAT EMEA conference that Novus Aviation Capital deployed the company’s Aeris Asset software to support the day-to-day management of the Dubai-based lessor’s global leasing operations.With a focus on enhancing the leasing platform’s agility and innovation, the Novus team sought out asset management software that would be fully customizable, providing finance, technical, contracts and marketing departments with one true source of information about their aircraft. “We are thrilled to expand our relationship with Novus and enhance the platform’s competitive advantage by providing a single source of truth for managing, trading and marketing assets,” Haseem Vazhayil, CEO, LeaseWorks. The Novus team leverages Aeris Asset’s robust capabilities to: Customize Tech Spec and Lease Summary dashboards for use by Technical; Generate on-demand reports for management; Automate the flow of asset and lease information from Deal Management into Lease Management, eliminating redundant data entry; and Integrate ongoing software improvements via quarterly product releases. Mamoun Kuzbari, Novus’ Chief Commercial Officer, explains that owing to the ease of use and wide-ranging functions of Aeris Asset, our team was able to accelerate the digital transformation initiative effort and streamline the decision-making process across the technical, contracts, finance and commercial teams. We built the Aeris Asset solution with lessors’ unique needs in mind, ensuring that the software provides a simple and intuitive interface and a flexible framework that enable team members to perform complete customizations, with little or no external support adds Vazhayil. Aeris Asset provides lessors’ teams with the ability to: Better manage asset and lease data; Automate Business Intelligence reporting; Customize Tech Spec and Lease Summary dashboards; Integrate enhancements via quarterly product releases; and Integrate seamlessly with Aeris Match to feed data from deals to lease management and vice-versa, providing real-time access to information for decision-making About LeaseWorks LeaseWorks® provides cloud-based products and services to the aviation leasing community, with solutions for both lessors and airlines. Aeris MATCH™ helps lessors more quickly and effectively deploy their aviation assets with airlines around the globe. Aeris ASSET™ allows both lessors and airlines to manage the intricate details of aviation leases. These are the first two of a suite of products that will constitute a full-life-cycle portal for managing leased aviation assets. www.lease-works.com About Novus Aviation Capital Established in 1994, Novus Aviation Capital (“Novus”) is an independent, privately held aircraft leasing platform, focused on investing in commercial aircraft assets. The Novus team operates out of its four global offices in the Middle East, Europe, and Asia and is active in operating and financing leases, mezzanine and, junior debt as well as third-party aircraft remarketing, servicing and, advisory services

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DEFENSE AND SPACE

Canada Jetlines has completed the Ground Evacuation Demonstration and Flight Attendant Group Line Indoctrination Flight

Canada Jetlines | June 28, 2022

Canada Jetlines Operations Ltd. the new, all-Canadian, leisure airline, is proud to announce that it has successfully completed the flight attendant group line indoctrination flight and the Transport Canada evacuation demonstration. Both events were conducted to the satisfaction of the criteria and TC inspectors monitoring the events. “Both events are important milestones in the process of obtaining our Transport Canada Air Operator Certificate. I am very proud of the excellent work accomplished by our flight attendants under the leadership of Anup Anand and Michael Lewin. We are quickly approaching the end of the AOC process with Transport Canada. The final steps are an additional demonstration flight and Transport Canada administrative functions to be completed. We expect this process to be completed in the first half of July and be able to start flying shortly thereafter.” Eddy Doyle CEO of Canada Jetlines About Canada Jetlines Canada Jetlines is a well-capitalized leisure focused air carrier, utilizing a growing fleet of Airbus 320 aircraft targeting launch in the summer of 2022, subject to Transport Canada approval. The air carrier was created to provide Canadians with value vacation choices and convenient travel options to fly to fantastic leisure destinations within Canada, the U.S.A., Cuba, Jamaica, St. Lucia, Antigua, Bahamas, and other Caribbean nations. Canada Jetlines will provide exciting vacation packages to iconic Canadian destinations and beyond via strong partnerships with airports, CVB’s, tourism entities, hotels, hospitality brands, and attractions. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. The carrier will use a state-of-the-art web booking platform, making the turnkey solution available to consumers, travel agents, and tour operators, with the capability of generating revenue on reservations and ancillary sales with the aim to provide more revenue opportunities to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers.

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