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Aircraft Title Insurance: Is It Imperative?

Researching the aircraft, getting the right one, registering it under the FAA, each step is important but not enough to fly your aircraft in U.S. airspace. Like all other assets in your possession, an aircraft title also needs insurance. Here, in this article, we will discuss the insurance of an aircraft title and escrow and the associated information.

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AAAE

Founded in 1928, AAAE is the world's largest professional organization for airport executives, representing thousands of airport management personnel at public-use commercial and general aviation airports.

OTHER ARTICLES
Air Transport

Will Flights Like Project Sunrise Be The Future Of Air Travel?

Article | July 15, 2022

With rescue flights crisscrossing the globe and passengers keen to get where they are going as soon as possible, will we see the end of hub to hub travel? Has this current aviation crisis signaled the decline of the current model of aviation we know today? One reporter at Simple Flying gives his opinion.

Read More
Aviation Technology

How are Private Aviation Firms Rebounding with Innovative Ideas?

Article | June 2, 2022

The pandemic has fueled the private aviation segment boom. It has raised many new aviation business bodies. While the private aviation segment was once reserved for millionaires and A-listers, it now has aircraft that look for more quick and secure gateways. “We’ve flown more for businesses now than ever, based private jet travel provider PrivateFly.This is the time to use capital to travel safely. We’re seeing sales year-to-date matching with 2020. The sales are outperforming in the private jet market. And since the pandemic hit, we have seen striking changes in clients’ profiles and buying habits." - Adam Twidell, CEO and founder of UK Despite the ongoing dimness of the growth of the aviation industry, there has been a fresh influx of customers for private jets. The pandemic empowered the private aviation companies. As a result, the private jet market has noticed a higher demand of 72% healthy since 2019. About this, Adam Twidell mentions that private aviation is cautiously hopeful about the future for private jet travel.So, how is the private aviation market growing? How is private jet travel becoming popular? Let’s understand it. Why are Private Jet Companies Taking Off? Today, many business travelers are seeking a safer way to fly due to the ongoing effect of the pandemic. As a result, the term ‘safer’ fly has turned to private jet travel. Its appeal in the present time has been evident. But some reasons that support the answer behind arethe taking off of private aviation companies are as follows: The Uncertainty of Commercial Aviation A drop in airline operations throughout the pandemic is one of the reasons. On the other hand, the pandemic facilitated an increase in the number of new business travelers in private aviation. A Shift in Consumer Behavior The surging number of first-time flyers have learned to invest in safety. Consumers are beginning to understand that investing in safety is essential today. Consequently, private aviation is not considered a luxury but a common choice as a reliable travel solution. Control & Flexibility The evolving new technologies in aviation have now created controllable operations. Such advancement has enabled aviation businesses to recover rapidly. Similarly, the private aviation sector is passing the power to customers to choose scheduled flights. The flexibility of the travel segment has added a value in terms of safety for business travelers. “For companies looking to fly more frequently, they may get a jet card membership award. It will be a one-off charter and the commitment of jet ownership. You get a consistency of aircraft services like fixed prices and flexible terms." -Twidell More Options for Domestic The domestic aviation sector is recovering compared to the international sector, which is still down by 20% as compared to 2019 as per IATA. All of this is due to the innovation by private aviation companies. What do these key reasons show us? First, private aviation has constantly been reaching extraordinary heights and serving outstandingly in the new normal. In this case, some prominent private aviation companies are doing wonders in the aviation industry. They are bringing innovative ideas and reshaping global businesses effectively. So, who are they? What are those private aviation companies doing? Let’s know further. The Best of 4 Private Aviation Firms Reshaping Aviation Business aviation is expected to reach a valuation of more than 2 billion in 2022. This would be more than twice the valuation recorded in 2019, as per the Global Insights Market research study. So, let’s study some of the most sorted-out private aviation firms. And how they are making innovatory inclusions in the aviation industry. XOJET Xojet is known as “Uber for the airways,” being the third-largest North American private aviation company. Xojet partnered with JetSmarter – the world’s largest mobile marketplace for private jets. They aim to bring novel opportunities, ways, and ideas to reshape the industry once again. Xojet took advantage of digitalization and made the idea of “Uber for the airways” on-demand and straightforward. JetSmarter now serves as the exclusive digital distributor for XOJET’s aircraft, which has provided access to a new technology player—an unparalleled supply of premium jets. “This shared venture is all about efficiency, which makes us more successful in assisting our clients.” And we will be able to accelerate the process of providing a digital solution for them.” -Brad Steward, CEO of Xojet The real opportunity is to put the 11,000 private jets in service in the US. And most of them would fly at an average of 200 hours annually at 30% capacity. As a result, XOJET generated more than $300 million worth of revenue in the second quarter of 2020. So, it is undoubtedly the digitization of private aviation that is concreting the pathway of growth of the industry for the future. NetJets NetJets has been serving as one of the oldest and largest private aviation companies. It accumulated a fleet of around 700 jets globally. NetJets’ plans for the first supersonic business jet with its sizeable fresh capital front. It plans to build a supersonic aircraft and is working with innovative and creative partners and private jet manufacturers. Additionally, NetJets has received a delivery of 25 new private jets so far in 2021. It expects to spend around $2.5 billion to add another hundred jets by the end of 2022. VeriJet VeriJet started offering aircraft engines based on cruise missiles and carbon-fiber fuselages. With the help of low emission techniques, the engines are more durable and promote efficient flying. In addition, it has involved artificial intelligence assistance with one pilot. AI helps the jet with landing and other flight operations. Richard Kane, VeriJet’s chairman, and CEO is counting on “carbon shaming” and promotes go-green emission and fly efficiently. Clay Lacy Aviation Clay Lacy Aviation has earned a reputation among other prominent private aviation users for its Waterbury-Oxford (KOXC) operations and maintenance facility. It has actively provided jet charter and looks after maintenance, aircraft management, repair, and renovation capabilities. “We have offered solutions for clients by providing the first charter to professional aircraft management. From heavy maintenance inspections and cabin upgrades. We offer all at the best value.” -Clay Lacy Aviation With this, Clay Lacy experienced an 80% growth over the first 18 months. The growth was recorded by word of mouth spread rapidly across the region based on the East Coast at airports from New Hampshire to Florida. Apart from this, a data-driven approach to private jet manufacturers and management constantly compares clients’ operating parameters. The process thus ensures that the asset is well-maintained and operates efficiently. The Demand for Private Aviation is Still Rising Experts say that the private aviation sector saw an uptick in 2021. In addition, the private aircraft firms witnessed a gradual rise in business from August 2021. The aviation industry has been tested for a long time when it comes to adapting to diverse requirements. But, in the end, the industry has smartly evolved through challenges over technology and innovation. And the numbers should only proceed to grow now as global businesses recover their positions in late 2021. “While the business aviation industry continues to experience a thriving market, the longer-term picture will clear step-by-step. Well-known issues such as the pilot shortage, collapse in values of used jets, lack of OEM innovation, rising operational costs have been recognized well, and the industry will cope soon. As a result, the overall environment is prepared for bringing in innovation from every aspect.” -Peter Maestrales, CEO, Airstream Jets Frequently Asked Questions What is the valuation of the private aviation market? The private jet aircraft’s market size was $24.4 billion globally in 2019. But during the pandemic, the valuation diminished by $20.1 billion. According to recent calculations, for the first quarter of 2021, the private aviation sector grew to a share of $23.6 billion. What countries have the most private jet operations? The United States occupies first place in private jet operations. But then, Europe is counted for having a big part of private jet operations. Why is the private aviation sector becoming more popular? Private flying has gained popularity because it has fared better than commercial operators. In addition, it has offered convenience, safety, time-saving, flexibility, and costs.

Read More
Business Aviation

Travel Testing May Be Ending, But Airline Health Safety Measures Are Here To Stay

Article | January 7, 2022

The UK government has announced that from 11th February, fully vaccinated passengers arriving into the country will no longer have to take COVID-19 tests on arrival. The news follows the removal of pre-departure testing for fully vaccinated UK-bound passengers this month. The relaxation of testing measures is something the aviation industry has been actively campaigning for, as it removes barriers to travel. Just today, IATA distributed a press release advocating for similar moves to be made by further governments. It cited a study focused on the UK carried out by Oxera and Edge Health which found that because Omicron is now highly prevalent in the UK, “if all travel testing requirements were removed there would be no impact on Omicron case numbers or hospitalizations.”

Read More
Business Aviation

How is 5G going to be Advantageous for Aviation Industry Despite Safety Alarms?

Article | December 28, 2021

The aviation industry is going through a lot of technological and operational transitions. Every day, new technologies in manufacturing, airports, passengers, security measures and more are being introduced or being implemented in the entire aviation ecosystem. 5G technology is one of the most critical technologies that is currently raising concerns. 5G technology is becoming a hot topic of discussion for governments worldwide in inferior ways. Many discussions are going on the shelf of safety of consumers. Similarly, there has been rising concern about the new 5G technology in the aviation industry. Yes. 5G technology promises to bring some of the best opportunities for airlines. But what will be its impact on airline safety? Before we discuss the 5G rollout, let's highlight its ability to benefit the busiest industry globally. The Ecosystem of 5G Multiple technologies play a vital role in 5G technology in terms of coverage, such as EDGE, IoT, SD-WAN, and more. The ecosystem is rapidly expanding, even the industry of suppliers to aviation. It includes device manufacturing, network supply and maintenance, system integration, testing, and more suppliers. IATA says with regard to the aviation industry, a projected $3.9 billion will be invested in 5G by 2026. Moreover, the projections are taking the entire industry to new altitudes. GSA also forecasts that the growth of 5G will be faster than 4G. The Impact of 5G on the Different Aviation Sectors The deployments and implementations of 5G can be profitable for every aviation sector if used appropriately. Speaking of the aviation sectors, the new 5G technology will transform the industry in four crucial areas. They are: Manufacturing Airports & Airlines Travel Security Manufacturing The manufacturing sector has massively developed partnerships with telecom players. The partnerships have led to the launch of 5G initiatives. Nokia and Lufthansa came forward for inspection of engine parts remotely. With AR visualization and 3D technology, customers can have a visual impact on cabin interiors. 5G technology is also being implemented to trace and track systems in aircraft parts and maintain of operations using transmissions, real-time signal processing, and more. Airports & Airlines With 5G technology, Gogo Business Aviation is developing new designs for antennas and modems. The designs will enable the world's first in-flight connectivity (IFC) and 5G air-to-ground (ATG) networks by 2022. “Towards the end of 2022, we will have sites built, and we will start flight testing,” -Mike Syverson, senior vice president of engineering at Gogo Gogo's 5G network will be limited to North America. It will be leveraging the existing 250 towers with its current 3G and 4G IFC networks. The 5G network will use spectrum in the 2.4 GHz band with the help of other booming technologies to provide the airplane-to-ground station link with higher bandwidth. Travel Viasat Inc. is known globally for offering broadband digital satellite communications, wireless networking services, and satellite communications products. Delta Airlines has partnered with Viasat for its next-generation Ka-band satellite in-flight connectivity (IFC) solution. Delta intends to integrate Viasat technology into 757-200 aircraft, A321ceo, and the 737-900ER (new aircraft) to provide customers with safe and secure air travel. Network Security The European Aviation Safety Agency (EASA) discloses that an average of 1,000 attacks per month occur on aviation systems. Thus, it is becoming a real threat to airport security, safety, and reputation. SmartSky Networks LLC is a leading satellite solution. It's also a wireless data and networking services provider globally. It caters to the commercial aviation industry. It offers its innovative air-to-ground inflight Wi-Fi network with 5G technology. In June 2021, Honeywell and SmartSky introduced their high-speed connectivity. They announced it for their business aviation operators in North America. The partnership agreement boosts seamless connectivity in the commercial aviation market. Looking at these developments made possible by the new 5G technology in the aviation industry, how has it become one of the industry's obstacles in terms of safety? Let's highlight the picture here. Aviation Has Expressed a Serious Concern The Federal Aviation Administration (FAA) has warned about significant safety concerns in the 5G wireless network setup roadmap. The plan for theusage of C-Band spectrum is the prime reason. 5G network operations can interfere with the radar altimeter performance of aircraft. "It is engaging with other agencies. So that aviation and 5G cellular technology can safely coexist." -A Federal Aviation Administration spokeswoman But with the modifications in the manufacturing processes of aircraft, the industry is encouraging manufacturers. Therefore, the manufacturers could conduct tests for 5G interference and modify aircraft designs. 5G Still Provides Hope for a More Friendly Flying Future Aviation has a 5G rollout despite having no proof. The rollout is about interfering with safety concerns. Instead, 5G in aviation is burgeoning the importance of safety and security more efficiently. The emphasis on safety and security is now even more powerful. Pilots have been equipped with high communication tools with air control towers, especially in weather or technical challenges. The new 5G technology is way near to providing superior in-flight bandwidth connectivity while improving operational efficiency. It is going to improve overall operational efficiency. Passengers will be able to take advantage of high-speed internet on planes. Also, business passengers can conduct their business activities while flying and saving precious time and effort. Frequently Asked Questions Is the new 5G technology harmful to airplanes? According to the FAA, aviation operators should be prepared for the possibility that 5G technology could interfere with transmitters. The effects of 5G could cause certain safety malfunctions for airplanes. This could affect flight operations as well. What are the disadvantages of 5G in aviation? Aviation is getting benefits from 5G technology. But there is always the other side of the coin. So, the disadvantages could be as follows: Obstructions in connectivity High costs of technology Operational hindrance Unmatched frequencies What is the market size of 5G in the aviation industry? The overall market size of 5G in the aviation market was valued at $698.45 million in 2020. Now, it’s projected to extent $4,682.12 million by 2030.

Read More
Air Transport

Inside NASA’s New Sustainable Flight Demonstrator Program

Article | July 15, 2022

With rescue flights crisscrossing the globe and passengers keen to get where they are going as soon as possible, will we see the end of hub to hub travel? Has this current aviation crisis signaled the decline of the current model of aviation we know today? One reporter at Simple Flying gives his opinion.

Read More
Aviation Technology

New Podcast Explores GE Aviation Technologies for a Decarbonized Future of Flight

Article | June 2, 2022

The pandemic has fueled the private aviation segment boom. It has raised many new aviation business bodies. While the private aviation segment was once reserved for millionaires and A-listers, it now has aircraft that look for more quick and secure gateways. “We’ve flown more for businesses now than ever, based private jet travel provider PrivateFly.This is the time to use capital to travel safely. We’re seeing sales year-to-date matching with 2020. The sales are outperforming in the private jet market. And since the pandemic hit, we have seen striking changes in clients’ profiles and buying habits." - Adam Twidell, CEO and founder of UK Despite the ongoing dimness of the growth of the aviation industry, there has been a fresh influx of customers for private jets. The pandemic empowered the private aviation companies. As a result, the private jet market has noticed a higher demand of 72% healthy since 2019. About this, Adam Twidell mentions that private aviation is cautiously hopeful about the future for private jet travel.So, how is the private aviation market growing? How is private jet travel becoming popular? Let’s understand it. Why are Private Jet Companies Taking Off? Today, many business travelers are seeking a safer way to fly due to the ongoing effect of the pandemic. As a result, the term ‘safer’ fly has turned to private jet travel. Its appeal in the present time has been evident. But some reasons that support the answer behind arethe taking off of private aviation companies are as follows: The Uncertainty of Commercial Aviation A drop in airline operations throughout the pandemic is one of the reasons. On the other hand, the pandemic facilitated an increase in the number of new business travelers in private aviation. A Shift in Consumer Behavior The surging number of first-time flyers have learned to invest in safety. Consumers are beginning to understand that investing in safety is essential today. Consequently, private aviation is not considered a luxury but a common choice as a reliable travel solution. Control & Flexibility The evolving new technologies in aviation have now created controllable operations. Such advancement has enabled aviation businesses to recover rapidly. Similarly, the private aviation sector is passing the power to customers to choose scheduled flights. The flexibility of the travel segment has added a value in terms of safety for business travelers. “For companies looking to fly more frequently, they may get a jet card membership award. It will be a one-off charter and the commitment of jet ownership. You get a consistency of aircraft services like fixed prices and flexible terms." -Twidell More Options for Domestic The domestic aviation sector is recovering compared to the international sector, which is still down by 20% as compared to 2019 as per IATA. All of this is due to the innovation by private aviation companies. What do these key reasons show us? First, private aviation has constantly been reaching extraordinary heights and serving outstandingly in the new normal. In this case, some prominent private aviation companies are doing wonders in the aviation industry. They are bringing innovative ideas and reshaping global businesses effectively. So, who are they? What are those private aviation companies doing? Let’s know further. The Best of 4 Private Aviation Firms Reshaping Aviation Business aviation is expected to reach a valuation of more than 2 billion in 2022. This would be more than twice the valuation recorded in 2019, as per the Global Insights Market research study. So, let’s study some of the most sorted-out private aviation firms. And how they are making innovatory inclusions in the aviation industry. XOJET Xojet is known as “Uber for the airways,” being the third-largest North American private aviation company. Xojet partnered with JetSmarter – the world’s largest mobile marketplace for private jets. They aim to bring novel opportunities, ways, and ideas to reshape the industry once again. Xojet took advantage of digitalization and made the idea of “Uber for the airways” on-demand and straightforward. JetSmarter now serves as the exclusive digital distributor for XOJET’s aircraft, which has provided access to a new technology player—an unparalleled supply of premium jets. “This shared venture is all about efficiency, which makes us more successful in assisting our clients.” And we will be able to accelerate the process of providing a digital solution for them.” -Brad Steward, CEO of Xojet The real opportunity is to put the 11,000 private jets in service in the US. And most of them would fly at an average of 200 hours annually at 30% capacity. As a result, XOJET generated more than $300 million worth of revenue in the second quarter of 2020. So, it is undoubtedly the digitization of private aviation that is concreting the pathway of growth of the industry for the future. NetJets NetJets has been serving as one of the oldest and largest private aviation companies. It accumulated a fleet of around 700 jets globally. NetJets’ plans for the first supersonic business jet with its sizeable fresh capital front. It plans to build a supersonic aircraft and is working with innovative and creative partners and private jet manufacturers. Additionally, NetJets has received a delivery of 25 new private jets so far in 2021. It expects to spend around $2.5 billion to add another hundred jets by the end of 2022. VeriJet VeriJet started offering aircraft engines based on cruise missiles and carbon-fiber fuselages. With the help of low emission techniques, the engines are more durable and promote efficient flying. In addition, it has involved artificial intelligence assistance with one pilot. AI helps the jet with landing and other flight operations. Richard Kane, VeriJet’s chairman, and CEO is counting on “carbon shaming” and promotes go-green emission and fly efficiently. Clay Lacy Aviation Clay Lacy Aviation has earned a reputation among other prominent private aviation users for its Waterbury-Oxford (KOXC) operations and maintenance facility. It has actively provided jet charter and looks after maintenance, aircraft management, repair, and renovation capabilities. “We have offered solutions for clients by providing the first charter to professional aircraft management. From heavy maintenance inspections and cabin upgrades. We offer all at the best value.” -Clay Lacy Aviation With this, Clay Lacy experienced an 80% growth over the first 18 months. The growth was recorded by word of mouth spread rapidly across the region based on the East Coast at airports from New Hampshire to Florida. Apart from this, a data-driven approach to private jet manufacturers and management constantly compares clients’ operating parameters. The process thus ensures that the asset is well-maintained and operates efficiently. The Demand for Private Aviation is Still Rising Experts say that the private aviation sector saw an uptick in 2021. In addition, the private aircraft firms witnessed a gradual rise in business from August 2021. The aviation industry has been tested for a long time when it comes to adapting to diverse requirements. But, in the end, the industry has smartly evolved through challenges over technology and innovation. And the numbers should only proceed to grow now as global businesses recover their positions in late 2021. “While the business aviation industry continues to experience a thriving market, the longer-term picture will clear step-by-step. Well-known issues such as the pilot shortage, collapse in values of used jets, lack of OEM innovation, rising operational costs have been recognized well, and the industry will cope soon. As a result, the overall environment is prepared for bringing in innovation from every aspect.” -Peter Maestrales, CEO, Airstream Jets Frequently Asked Questions What is the valuation of the private aviation market? The private jet aircraft’s market size was $24.4 billion globally in 2019. But during the pandemic, the valuation diminished by $20.1 billion. According to recent calculations, for the first quarter of 2021, the private aviation sector grew to a share of $23.6 billion. What countries have the most private jet operations? The United States occupies first place in private jet operations. But then, Europe is counted for having a big part of private jet operations. Why is the private aviation sector becoming more popular? Private flying has gained popularity because it has fared better than commercial operators. In addition, it has offered convenience, safety, time-saving, flexibility, and costs.

Read More
Business Aviation

4 Major Ways Aviation Can Transit Towards A Low Carbon Path

Article | January 7, 2022

The UK government has announced that from 11th February, fully vaccinated passengers arriving into the country will no longer have to take COVID-19 tests on arrival. The news follows the removal of pre-departure testing for fully vaccinated UK-bound passengers this month. The relaxation of testing measures is something the aviation industry has been actively campaigning for, as it removes barriers to travel. Just today, IATA distributed a press release advocating for similar moves to be made by further governments. It cited a study focused on the UK carried out by Oxera and Edge Health which found that because Omicron is now highly prevalent in the UK, “if all travel testing requirements were removed there would be no impact on Omicron case numbers or hospitalizations.”

Read More
Business Aviation

How is 5G going to be Advantageous for Aviation Industry Despite Safety Alarms?

Article | December 28, 2021

The aviation industry is going through a lot of technological and operational transitions. Every day, new technologies in manufacturing, airports, passengers, security measures and more are being introduced or being implemented in the entire aviation ecosystem. 5G technology is one of the most critical technologies that is currently raising concerns. 5G technology is becoming a hot topic of discussion for governments worldwide in inferior ways. Many discussions are going on the shelf of safety of consumers. Similarly, there has been rising concern about the new 5G technology in the aviation industry. Yes. 5G technology promises to bring some of the best opportunities for airlines. But what will be its impact on airline safety? Before we discuss the 5G rollout, let's highlight its ability to benefit the busiest industry globally. The Ecosystem of 5G Multiple technologies play a vital role in 5G technology in terms of coverage, such as EDGE, IoT, SD-WAN, and more. The ecosystem is rapidly expanding, even the industry of suppliers to aviation. It includes device manufacturing, network supply and maintenance, system integration, testing, and more suppliers. IATA says with regard to the aviation industry, a projected $3.9 billion will be invested in 5G by 2026. Moreover, the projections are taking the entire industry to new altitudes. GSA also forecasts that the growth of 5G will be faster than 4G. The Impact of 5G on the Different Aviation Sectors The deployments and implementations of 5G can be profitable for every aviation sector if used appropriately. Speaking of the aviation sectors, the new 5G technology will transform the industry in four crucial areas. They are: Manufacturing Airports & Airlines Travel Security Manufacturing The manufacturing sector has massively developed partnerships with telecom players. The partnerships have led to the launch of 5G initiatives. Nokia and Lufthansa came forward for inspection of engine parts remotely. With AR visualization and 3D technology, customers can have a visual impact on cabin interiors. 5G technology is also being implemented to trace and track systems in aircraft parts and maintain of operations using transmissions, real-time signal processing, and more. Airports & Airlines With 5G technology, Gogo Business Aviation is developing new designs for antennas and modems. The designs will enable the world's first in-flight connectivity (IFC) and 5G air-to-ground (ATG) networks by 2022. “Towards the end of 2022, we will have sites built, and we will start flight testing,” -Mike Syverson, senior vice president of engineering at Gogo Gogo's 5G network will be limited to North America. It will be leveraging the existing 250 towers with its current 3G and 4G IFC networks. The 5G network will use spectrum in the 2.4 GHz band with the help of other booming technologies to provide the airplane-to-ground station link with higher bandwidth. Travel Viasat Inc. is known globally for offering broadband digital satellite communications, wireless networking services, and satellite communications products. Delta Airlines has partnered with Viasat for its next-generation Ka-band satellite in-flight connectivity (IFC) solution. Delta intends to integrate Viasat technology into 757-200 aircraft, A321ceo, and the 737-900ER (new aircraft) to provide customers with safe and secure air travel. Network Security The European Aviation Safety Agency (EASA) discloses that an average of 1,000 attacks per month occur on aviation systems. Thus, it is becoming a real threat to airport security, safety, and reputation. SmartSky Networks LLC is a leading satellite solution. It's also a wireless data and networking services provider globally. It caters to the commercial aviation industry. It offers its innovative air-to-ground inflight Wi-Fi network with 5G technology. In June 2021, Honeywell and SmartSky introduced their high-speed connectivity. They announced it for their business aviation operators in North America. The partnership agreement boosts seamless connectivity in the commercial aviation market. Looking at these developments made possible by the new 5G technology in the aviation industry, how has it become one of the industry's obstacles in terms of safety? Let's highlight the picture here. Aviation Has Expressed a Serious Concern The Federal Aviation Administration (FAA) has warned about significant safety concerns in the 5G wireless network setup roadmap. The plan for theusage of C-Band spectrum is the prime reason. 5G network operations can interfere with the radar altimeter performance of aircraft. "It is engaging with other agencies. So that aviation and 5G cellular technology can safely coexist." -A Federal Aviation Administration spokeswoman But with the modifications in the manufacturing processes of aircraft, the industry is encouraging manufacturers. Therefore, the manufacturers could conduct tests for 5G interference and modify aircraft designs. 5G Still Provides Hope for a More Friendly Flying Future Aviation has a 5G rollout despite having no proof. The rollout is about interfering with safety concerns. Instead, 5G in aviation is burgeoning the importance of safety and security more efficiently. The emphasis on safety and security is now even more powerful. Pilots have been equipped with high communication tools with air control towers, especially in weather or technical challenges. The new 5G technology is way near to providing superior in-flight bandwidth connectivity while improving operational efficiency. It is going to improve overall operational efficiency. Passengers will be able to take advantage of high-speed internet on planes. Also, business passengers can conduct their business activities while flying and saving precious time and effort. Frequently Asked Questions Is the new 5G technology harmful to airplanes? According to the FAA, aviation operators should be prepared for the possibility that 5G technology could interfere with transmitters. The effects of 5G could cause certain safety malfunctions for airplanes. This could affect flight operations as well. What are the disadvantages of 5G in aviation? Aviation is getting benefits from 5G technology. But there is always the other side of the coin. So, the disadvantages could be as follows: Obstructions in connectivity High costs of technology Operational hindrance Unmatched frequencies What is the market size of 5G in the aviation industry? The overall market size of 5G in the aviation market was valued at $698.45 million in 2020. Now, it’s projected to extent $4,682.12 million by 2030.

Read More
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Spotlight

AAAE

Founded in 1928, AAAE is the world's largest professional organization for airport executives, representing thousands of airport management personnel at public-use commercial and general aviation airports.

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Defense and Space

Elbit Systems UK JV introduces sustainable aviation pathfinder for Ministry of Defence

Elbit Systems | April 18, 2022

Elbit Systems UK and KBR Inc's joint venture, Affinity Flying Training Services Ltd (Affinity), has embarked on a series of battery-powered flight tests for the UK Ministry of Defence to assess the feasibility of environmentally friendly alternatives to current military aircraft. The concept of trialling zero emissions aircraft, and the subsequent pathfinder, was brought to the Ministry of Defence by Elbit Systems UK through its joint venture with KBR Inc, Affinity. The introduction of this pathfinder demonstrates the company's commitment to providing innovative solutions for the UK Armed Forces and addressing the needs of the future. In line with the Ministry of Defence's 'green' transformation, the flights aim to help the Royal Air Force (RAF) assess the technology of electric aircraft, determine its effectiveness as an impactful pilot training capability and realise the net-zero ambitions of the service's ASTRA initiative. The flights used a fully certified two-seater pilot training aircraft, the Velis Electro. Flight and safety assurances were developed during the summer of 2021, which was organised and delivered by the team from Elbit Systems UK, through Affinity, in partnership with the Civil Aviation Authority. The pathfinder programme was split into three phases. As part of Phase 1 in December 2021, test flights took off from Damyn's Hall, Essex, and continued into January 2022. Phase 2 commenced in March 2022, and saw the aircraft join Affinity's existing fleet at RAF Cranwell, where up to twenty additional pilots will fly the eco-friendly aircraft. Finally, Phase 3 of the flight trials will welcome senior government officials and observers. "We are delighted to be leading this exciting initiative with the Ministry of Defence. The concept of zero emissions aircraft being utilised by the RAF has always been considered hypothetical and we are proud to have proposed and delivered initial capability for this pathfinder. Elbit Systems UK has always been, and continues to be, at the forefront of advances in the Defence industry, supporting our Armed Forces as they address the requirements of tomorrow." Martin Fausset, CEO of Elbit Systems UK About Elbit Systems UK Elbit Systems UK Ltd. holds three wholly owned subsidiaries as well as two joint ventures. In total, over 600 personnel are employed by the Elbit Systems UK companies in the UK, in high tech roles in the defence, aerospace and rail sectors. The two joint ventures were formed in order to deliver the Watchkeeper programme for the British Army and to supply and support three fleets of aircraft within the UK MOD Military Flying Training System (UKMFTS) programme. Elbit Systems UK is an established supplier to the UK Armed Forces, participating in several major Defence programmes such as Selborne, Morpheus and MEWSIC Increment 1, and delivering the Dismounted Joint Fires Integrator and Joint Fires Synthetic Trainer.

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Business Aviation

Aviation Capital Group Announces Financing of Two Airbus A321neo LR Aircraft for TAP Air Portugal

Aviation Capital Group | April 13, 2022

Aviation Capital Group LLC (“ACG”) announced today the secured financing of two Airbus A321neo LR aircraft for TAP Air Portugal (“TAP”). This financing marks the fifth use by ACG’s Aircraft Financing Solutions (“AFS”) program of its $650 million secured funding facility. This allowed ACG to provide a senior secured loan to TAP and to partner with Novus Aviation Capital (“Novus”), who provided complementary mezzanine financing. Together, ACG and Novus were able to offer TAP an attractive and comprehensive financing solution. “ACG is grateful to have had the opportunity to work with TAP and Novus on this financing. We were able to draw upon our established relationship with Novus to effectively meld the senior and junior loans and to provide TAP with timely and efficient financing. Moreover, we were finally able to bring to fruition ACG’s long held desire to work with TAP again,” said Andrew Falk, Managing Director of ACG. “We are delighted to complete this transaction with both ACG and TAP, continuing to support an existing airline customer. Not only are we building on our relationship with this additional financing for TAP, but we are also very proud to have a strong foundation with ACG that will allow both parties to collaborate on future opportunities. This debt structure is an attractive value proposition and the combination of asset type and stakeholders involved makes it appealing for both Novus and Tamweel Aviation Finance, one of the industry’s leading mezzanine loan providers.” Mamoun Kuzbari, Chief Commercial Officer, Novus Aviation Capital “TAP is very pleased to work with ACG and Novus on this financing and we are very confident that these two additional A321neo LR aircraft that are joining our fleet, already one of the youngest and most efficient in the world, will contribute to the success of our airline,” said Gonçalo Pires, Chief Financial Officer of TAP Air Portugal. 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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Air Transport

Transoft Solutions and Skyway Have Announced a Strategic Partnership

Skyway | April 11, 2022

Skyway Technologies Corp. has announced a new strategic relationship with Transoft Solutions Inc., demonstrating the company's continuous leadership in the field of urban air mobility and air traffic management. This collaboration demonstrates Skyway's capacity to work with businesses of all sizes and compete as a vital resource in the industry's open market. Transoft offers an unrivaled suite of infrastructure planning products and services to complement Skyway's and the international Urban Air Mobility (UAM) market's efforts. In the ever-growing vertiport infrastructure market, the alliance will deliver vital innovation. Both firms will work on sophisticated vertiport planning methodologies to mold the tools needed for creative development, with a focus on developing EVTOL (electric vertical takeoff and landing) aircraft. This will allow industry professionals to build, construct, and simulate future vertiport master plans with more accuracy. Understanding the scalable throughput of flight operations will be critical in the decision-making process, as vertiport infrastructure development is likely to be one of the hottest real estate plays in aviation history. The collaboration will aid the industry in comprehending the potential of creating a vertiport as well as the tools required for success. "Empowering the next generation vertiport planners with the tools needed to scale vertiport operations will pave the way for investments into the infrastructure that will benefit all UAM stakeholders." Clifford Cruz- CEO, Skyway Transoft is known around the world for providing cutting-edge software and services for the aviation industry, including planning, simulation, modeling, and design. Transoft and Skyway are pushing boundaries in academic research and development to further understand what the reality of building a vertiport will be. This will help to speed up the development of critical technologies for airports and private sector investments to begin breaking ground on infrastructure projects around the world.

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Defense and Space

Elbit Systems UK JV introduces sustainable aviation pathfinder for Ministry of Defence

Elbit Systems | April 18, 2022

Elbit Systems UK and KBR Inc's joint venture, Affinity Flying Training Services Ltd (Affinity), has embarked on a series of battery-powered flight tests for the UK Ministry of Defence to assess the feasibility of environmentally friendly alternatives to current military aircraft. The concept of trialling zero emissions aircraft, and the subsequent pathfinder, was brought to the Ministry of Defence by Elbit Systems UK through its joint venture with KBR Inc, Affinity. The introduction of this pathfinder demonstrates the company's commitment to providing innovative solutions for the UK Armed Forces and addressing the needs of the future. In line with the Ministry of Defence's 'green' transformation, the flights aim to help the Royal Air Force (RAF) assess the technology of electric aircraft, determine its effectiveness as an impactful pilot training capability and realise the net-zero ambitions of the service's ASTRA initiative. The flights used a fully certified two-seater pilot training aircraft, the Velis Electro. Flight and safety assurances were developed during the summer of 2021, which was organised and delivered by the team from Elbit Systems UK, through Affinity, in partnership with the Civil Aviation Authority. The pathfinder programme was split into three phases. As part of Phase 1 in December 2021, test flights took off from Damyn's Hall, Essex, and continued into January 2022. Phase 2 commenced in March 2022, and saw the aircraft join Affinity's existing fleet at RAF Cranwell, where up to twenty additional pilots will fly the eco-friendly aircraft. Finally, Phase 3 of the flight trials will welcome senior government officials and observers. "We are delighted to be leading this exciting initiative with the Ministry of Defence. The concept of zero emissions aircraft being utilised by the RAF has always been considered hypothetical and we are proud to have proposed and delivered initial capability for this pathfinder. Elbit Systems UK has always been, and continues to be, at the forefront of advances in the Defence industry, supporting our Armed Forces as they address the requirements of tomorrow." Martin Fausset, CEO of Elbit Systems UK About Elbit Systems UK Elbit Systems UK Ltd. holds three wholly owned subsidiaries as well as two joint ventures. In total, over 600 personnel are employed by the Elbit Systems UK companies in the UK, in high tech roles in the defence, aerospace and rail sectors. The two joint ventures were formed in order to deliver the Watchkeeper programme for the British Army and to supply and support three fleets of aircraft within the UK MOD Military Flying Training System (UKMFTS) programme. Elbit Systems UK is an established supplier to the UK Armed Forces, participating in several major Defence programmes such as Selborne, Morpheus and MEWSIC Increment 1, and delivering the Dismounted Joint Fires Integrator and Joint Fires Synthetic Trainer.

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Business Aviation

Aviation Capital Group Announces Financing of Two Airbus A321neo LR Aircraft for TAP Air Portugal

Aviation Capital Group | April 13, 2022

Aviation Capital Group LLC (“ACG”) announced today the secured financing of two Airbus A321neo LR aircraft for TAP Air Portugal (“TAP”). This financing marks the fifth use by ACG’s Aircraft Financing Solutions (“AFS”) program of its $650 million secured funding facility. This allowed ACG to provide a senior secured loan to TAP and to partner with Novus Aviation Capital (“Novus”), who provided complementary mezzanine financing. Together, ACG and Novus were able to offer TAP an attractive and comprehensive financing solution. “ACG is grateful to have had the opportunity to work with TAP and Novus on this financing. We were able to draw upon our established relationship with Novus to effectively meld the senior and junior loans and to provide TAP with timely and efficient financing. Moreover, we were finally able to bring to fruition ACG’s long held desire to work with TAP again,” said Andrew Falk, Managing Director of ACG. “We are delighted to complete this transaction with both ACG and TAP, continuing to support an existing airline customer. Not only are we building on our relationship with this additional financing for TAP, but we are also very proud to have a strong foundation with ACG that will allow both parties to collaborate on future opportunities. This debt structure is an attractive value proposition and the combination of asset type and stakeholders involved makes it appealing for both Novus and Tamweel Aviation Finance, one of the industry’s leading mezzanine loan providers.” Mamoun Kuzbari, Chief Commercial Officer, Novus Aviation Capital “TAP is very pleased to work with ACG and Novus on this financing and we are very confident that these two additional A321neo LR aircraft that are joining our fleet, already one of the youngest and most efficient in the world, will contribute to the success of our airline,” said Gonçalo Pires, Chief Financial Officer of TAP Air Portugal. 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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Air Transport

Transoft Solutions and Skyway Have Announced a Strategic Partnership

Skyway | April 11, 2022

Skyway Technologies Corp. has announced a new strategic relationship with Transoft Solutions Inc., demonstrating the company's continuous leadership in the field of urban air mobility and air traffic management. This collaboration demonstrates Skyway's capacity to work with businesses of all sizes and compete as a vital resource in the industry's open market. Transoft offers an unrivaled suite of infrastructure planning products and services to complement Skyway's and the international Urban Air Mobility (UAM) market's efforts. In the ever-growing vertiport infrastructure market, the alliance will deliver vital innovation. Both firms will work on sophisticated vertiport planning methodologies to mold the tools needed for creative development, with a focus on developing EVTOL (electric vertical takeoff and landing) aircraft. This will allow industry professionals to build, construct, and simulate future vertiport master plans with more accuracy. Understanding the scalable throughput of flight operations will be critical in the decision-making process, as vertiport infrastructure development is likely to be one of the hottest real estate plays in aviation history. The collaboration will aid the industry in comprehending the potential of creating a vertiport as well as the tools required for success. "Empowering the next generation vertiport planners with the tools needed to scale vertiport operations will pave the way for investments into the infrastructure that will benefit all UAM stakeholders." Clifford Cruz- CEO, Skyway Transoft is known around the world for providing cutting-edge software and services for the aviation industry, including planning, simulation, modeling, and design. Transoft and Skyway are pushing boundaries in academic research and development to further understand what the reality of building a vertiport will be. This will help to speed up the development of critical technologies for airports and private sector investments to begin breaking ground on infrastructure projects around the world.

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