22.12.2012 Views

The AviTrader Aircraft and Engine Marketplace

The AviTrader Aircraft and Engine Marketplace

The AviTrader Aircraft and Engine Marketplace

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

ISSN 1718-7966 JANUARY 9, 2012 / VOL. 320<br />

Read by thous<strong>and</strong>s of aviation professionals <strong>and</strong> technical decision-makers every week www.avitrader.com<br />

WORLD NEWS<br />

EU carbon curb backlash<br />

<strong>The</strong> EU is facing increased pressure<br />

to scale down its carbon<br />

emissions trading scheme, after<br />

China’s Air Transport Association<br />

said it would not comply with the<br />

rules <strong>and</strong> the Indian authorities indicated<br />

they would ask airlines to<br />

withhold emissions data, according<br />

to Bloomberg. <strong>The</strong>se warnings<br />

come on the heels of a non-binding<br />

statement from the UN’s International<br />

Civil Aviation Organization<br />

(ICAO), signed by the US,<br />

Russia <strong>and</strong> Japan, which asked the<br />

EU to exempt international operators<br />

from the scheme.<br />

Boeing to close Kansas plant<br />

Boeing said that defence spending<br />

cutbacks had forced it to shut<br />

its Wichita, Kansas plant by end-<br />

2013 <strong>and</strong> send work to facilities<br />

in Seattle, Oklahoma City <strong>and</strong><br />

San Antonio. <strong>The</strong> closure will see<br />

2,160 workers lose their jobs at<br />

the site, which comprises 97 buildings<br />

covering 190,000m². Kansas<br />

politicians responded angrily to the<br />

news, saying they had helped Boeing<br />

win a lucrative Air Force refuelling<br />

tanker contract last year, <strong>and</strong><br />

had expected the work to be done<br />

in-state. Instead, the work will go<br />

to Boeing’s plant near Seattle.<br />

Air India rescue progress<br />

India’s aviation ministry is set to<br />

provide 330bn rupees ($6.22bn)<br />

to beleaguered Air India by 2017<br />

as part of the government’s 12th<br />

Five-Year Plan. It also proposed an<br />

equity infusion of 199bn rupees<br />

over the same period, according<br />

to the Times of India. <strong>The</strong> lossmaking<br />

flag carrier is restructuring<br />

180bn rupees of its total debt<br />

over over 400bn rupees.<br />

Is Air Berlin / Etihad deal the tip of consolidation iceberg?<br />

Etihad CEO Hogan refers to investment as ‘game-changing move’<br />

<strong>The</strong> news that Etihad, the stateowned<br />

carrier of Abu Dhabi,<br />

has become the largest single<br />

shareholder in Germany’s Air<br />

Berlin has led analysts to predict<br />

an onslaught of con-<br />

solidation <strong>and</strong>/or merger<br />

activity in the European<br />

aviation sector as the Eurozone<br />

crisis grinds on.<br />

Phil Seymour, president<br />

<strong>and</strong> CEO of aviation<br />

consultancy IBA, said he<br />

has seen “some frenzied<br />

activity” with potential<br />

share sale or joint venture<br />

tie-ups being mooted by<br />

several airlines.<br />

It may be, he believes, a confirmation<br />

of “what we thought might<br />

happen”: as western capital dries<br />

up, the sovereign wealth funds of<br />

the Middle East <strong>and</strong> China could<br />

increasingly step into ownership<br />

of European entities.<br />

A case of vultures gathering or<br />

WEEKLY AVIATION HEADLINES<br />

naive foreign investors simply<br />

looking for love <strong>and</strong> attention<br />

out of country? Hopefully it is<br />

neither, says Seymour, <strong>and</strong> it will<br />

become a “win-win symbiotic<br />

“As Western capital dries up,<br />

the sovereign wealth funds of<br />

the Middle East <strong>and</strong> China could<br />

increasingly step into ownership<br />

of European entities... I expect to<br />

see much more consolidation in<br />

the aviation sector.”<br />

Phil Seymour, IBA<br />

relationship that provides the recipient<br />

airline with useful (or is<br />

that essential?) working capital<br />

whilst the investing airline gains<br />

greater market access”.<br />

He expects to see much more of<br />

this consolidation/merger activity<br />

as the capital markets in Europe<br />

grapple with the Eurozone crisis<br />

- “especially now as the winter<br />

James Hogan<br />

(left), CEO of<br />

Etihad, <strong>and</strong> his<br />

Air Berlin<br />

counterpart,<br />

Hartmut<br />

Mehdorn,<br />

celebrating<br />

the new links<br />

between their<br />

respective<br />

airlines<br />

Air Berlin<br />

season is upon us <strong>and</strong> cash traditionally<br />

becomes more scarce”.<br />

Late last month, Etihad announced<br />

it would increase its stake in struggling<br />

Air Berlin, Germany’s<br />

second largest carrier, from<br />

2.99% to 29%.<br />

It is the first time Etihad<br />

has taken an equity stake<br />

in another airline, but it<br />

may not be the last. Chief<br />

executive James Hogan<br />

told <strong>The</strong> Financial Times<br />

that he also wants to buy a<br />

minority stake in Irish carrier<br />

Aer Lingus.<br />

Analysts say the move puts pressure<br />

on other Gulf carriers, including<br />

Emirates, Qatar Airways<br />

<strong>and</strong> Gulf Air, to seek similar<br />

deals or risk losing market share<br />

in Europe to Etihad.<br />

<strong>The</strong> Etihad investment, which<br />

involves a capital injection of<br />

Continued on page 3...


GA Telesis Component Solutions will put<br />

the balance back on your balance sheet<br />

Let’s face it, burdening your balance sheet with tens of millions of dollars in inventory does not make<br />

sense; especially when GA Telesis is willing to do it for you. Our inventory solutions are designed to give<br />

an airline the same level of component access as if they owned it, while enjoying an inventory-free<br />

balance sheet. Please contact us <strong>and</strong> let us show you how we can design a comprehensive component<br />

solution to help manage your balance sheet <strong>and</strong> residual value risk associated with your inventory.<br />

Component solutions you can trust with the world’s<br />

most powerful independent rotable inventory<br />

www.gatelesis.com


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

AIRCRAFT & ENGINE NEWS<br />

Avinco <strong>and</strong> ICON Capital arrange<br />

lease placement of three A340s to<br />

Aerolineas<br />

Aerolineas Argentinas leased three 1996 vintage<br />

Airbus A340-300s from two investment<br />

funds managed ICON Capital Corp. <strong>The</strong> aircraft<br />

were most recently operated by Cathay<br />

Pacific Airways, Hong Kong <strong>and</strong> will now be<br />

leased to Aerolineas for 6 years. ICON selected<br />

Monaco based aircraft trading <strong>and</strong> remarketing<br />

specialists Avinco to assist with the<br />

deal structuring <strong>and</strong> delivery of these aircraft<br />

to Aerolineas. <strong>The</strong> first aircraft, MSN 123,<br />

was delivered in late December, MSN126<br />

was delivered this month <strong>and</strong> the third aircraft<br />

(MSN128) is due to be delivered in the<br />

coming weeks.<br />

Ameco Beijing completes cabin Mods<br />

on 16 A330s of Air China<br />

On Jan. 3rd 2012, the business class modifications<br />

on 16 Airbus 330-200s of Air China<br />

were completed by Ameco Beijing, marking<br />

the end of a 6-month lasting project. Ameco<br />

will also carry out cabin upgrades on Air China’s<br />

Boeing 777 fleet, starting this summer.<br />

It was the first time for Ameco to carry out<br />

cabin modifications on A330-200s. <strong>The</strong> working<br />

areas involved in cabin <strong>and</strong> entertainment<br />

systems, mainly including changes to all seats<br />

<strong>and</strong> floor, overhead bin modifications <strong>and</strong> passenger<br />

service unit reconfiguration.<br />

GECAS places order for two additional<br />

ATR 72-600s<br />

GECAS placed an order for two additional<br />

ATR 72-600 turboprop aircraft, <strong>and</strong> two options.<br />

This is a follow-on to GECAS’ first-ever<br />

ATR order placed in June at the Paris Air Show<br />

<strong>and</strong> brings the total number of ATRs ordered<br />

by GECAS to 17 with 17 options. GECAS will<br />

begin to take delivery of the new aircraft in<br />

late 2012.GECAS has leased three of its newly<br />

ordered ATR 72-600s to Brazilian regional car-<br />

...continued from page 1<br />

€72.9m in exchange for new shares in the airline as well as a<br />

loan of up to €255m to buy new aircraft, ends any speculation<br />

of a takeover by an acquisitive International Airlines Group (IAG), which has just sealed<br />

- pending approval from the competitions authorities - the £172.5 purchase of European<br />

carrier BMI, complete with its 56 Heathrow l<strong>and</strong>ing slots, from Lufthansa.<br />

<strong>The</strong> Air Berlin deal makes Etihad the first Gulf carrier to buy a large stake in a European<br />

passenger airline, <strong>and</strong> gives it a boost in its quest to take on bigger rivals Emirates <strong>and</strong><br />

Qatar Airways, which have larger global networks. <strong>The</strong> codeshare agreement with Air<br />

Berlin also gives Etihad access to Berlin, a destination long coveted by Emirates, as well<br />

as to the German carrier’s extensive European short-haul network.<br />

But the tie-up may not be all roses for Etihad, as it will have to deal with serious financial<br />

issues at Air Berlin, which last reported a full-year profit in 2007. <strong>The</strong> carrier posted<br />

an operating loss of €123.7m for the first nine months of last year, compared to a profit<br />

of €44.8m over the same period in 2010. In a research note, Royal Bank of Scotl<strong>and</strong><br />

analysts said they viewed the investment as “an irrational move by a very well-funded<br />

business, seeking to exp<strong>and</strong> its footprint globally”.<br />

Hogan, however, was bullish about the deal, saying it was a ‘game-changing move’<br />

which gives Etihad access to 33m new passengers, <strong>and</strong> that Air Berlin would be restored<br />

to profit.<br />

Another question that Seymour raised was whether protectionism will ‘raise its ugly<br />

head’. “We saw the negative reaction from the German markets to Emirates’ pricing of<br />

flights some 18 months ago, so we’ll see what will be made of this kind of foreign investment<br />

<strong>and</strong> presumably what will follow - which will be more foreign-owned airlines<br />

competing with the homegrown carriers.”<br />

Unfortunately, he concludes, it comes down to economics <strong>and</strong> is probably driven more by<br />

the recipient airlines’ need for cash than a long-term strategy to seek new investors.<br />

rier TRIP Linhas Aéreas <strong>and</strong> has signed with Jet<br />

Airways in India for another five units.<br />

Andes Líneas Aéreas wet leased two<br />

A320 aircraft<br />

Andes Líneas Aéreas, Argentina wet leased<br />

two A320 aircraft from Vueling, Spain in a deal<br />

arranged by Avinco, Monaco. This deal marks<br />

the first introduction of A320s into the Argentine<br />

airline which has hereto operated MD80s.<br />

Bombardier adds five Challenger 850<br />

jets to its order book<br />

Bombardier Aerospace received a firm order<br />

for five Challenger 850 jets from an undisclosed<br />

customer. <strong>The</strong> total value of the order<br />

is approximately $156m, based on the 2011<br />

list price for typically equipped aircraft.<br />

Tanzania’s Precision Air Services signs contract for five ATR -600s<br />

Tanzanian carrier Precision Air Services <strong>and</strong> ATR<br />

announced the signature of a contract for the<br />

purchase of four ATR 42-600s <strong>and</strong> one ATR 72-<br />

600 aircraft. <strong>The</strong> deal is valued at $98m. Delivery<br />

of the 50-seat ATR 42-600s will start in late 2012.<br />

<strong>The</strong> ATR 72-600 will be delivered in 2014. With<br />

this acquisition, Precision Air Services will bring<br />

its fleet of ATRs up to 14 aircraft, thus becoming<br />

the largest operator of ATR aircraft in Africa.<br />

<strong>The</strong> current fleet of ATRs of Precision Air Services<br />

includes five ATR 72-500s, two ATR 42-500s <strong>and</strong><br />

two ATR 42-300s.<br />

3<br />

SprintAir takes delivery of Saab 340A<br />

QC aircraft<br />

Skyworld Aviation announced their latest deal<br />

with SprintAir SA of Pol<strong>and</strong>, a Saab 340A QC<br />

aircraft, serial number 070, which was delivered<br />

on 22nd December 2011. This latest<br />

transaction takes SprintAir’s fleet to 13 Saab<br />

340s which makes the airline the second largest<br />

operator of the type in Europe. In a deal arranged<br />

by Skyworld Aviation, SE-KCT, was purchased<br />

from Sverigeflyg Leasing of Sweden.<br />

AWAS announces purchase-leaseback<br />

of four Airbus A320 aircraft to IndiGo<br />

AWAS entered into an agreement with IndiGo,<br />

India’s largest low cost airline, to<br />

purchase <strong>and</strong> leaseback four Airbus A320<br />

passenger aircraft that the airline had previ-<br />

Precision Air is now the largest operator of ATR aircraft in Africa ATR<br />

January 9, 2012 / Vol. 320


WHEELS<br />

AND<br />

BRAKES<br />

ANY WHERE<br />

ANY TIME<br />

tpaerospace.com<br />

Copenhagen · Hamburg · Las Vegas


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

ously ordered from the manufacturer. <strong>The</strong>se<br />

aircraft will be delivered in the first half of<br />

2012. AWAS has m<strong>and</strong>ated KfW IPEX-Bank<br />

as arranger <strong>and</strong> sole lender to finance two<br />

of the four Airbus A320-200 aircraft.<br />

Saab announces transactions for civil<br />

aircraft<br />

Saab <strong>Aircraft</strong> Leasing (SAL) announced five<br />

transactions of Saab aircraft with a total value<br />

of approximately $60m (approximately MSEK<br />

400). <strong>The</strong> transactions will generate a capital<br />

gain of approximately MSEK 100, of which<br />

MSEK 40 will be recorded in the fourth quarter<br />

of 2011 <strong>and</strong> MSEK 60 in the first half of<br />

2012. <strong>The</strong> transactions include the sale of aircraft<br />

from SAL’s European portfolio to Rockton<br />

Aviation (Sweden), Silver Airways (U.S.),<br />

AeroCentury (U.S.) <strong>and</strong> Al<strong>and</strong>ia Air (Finl<strong>and</strong>).<br />

Some deliveries took place in the fourth quarter<br />

of 2011 <strong>and</strong> the remainder will take place<br />

in the first half of 2012. SAL also signed a long<br />

term lease agreement with Siam General Aviation<br />

Company, Thail<strong>and</strong>, for a third aircraft,<br />

that was recently delivered.<br />

Precision Conversions re-delivers<br />

third 757-200PCF to Cargo <strong>Aircraft</strong><br />

Management<br />

Precision Conversions re-delivered the third<br />

full-15 cargo position 757-200PCF freighter to<br />

Cargo <strong>Aircraft</strong> Management (CAM), a wholly<br />

owned leasing subsidiary of Air Transport<br />

Services Group. Previously operated by United<br />

Airlines as a passenger aircraft, the 1991 year,<br />

Pratt & Whitney powered 757-200PCF (MSN<br />

25042) augments the current 757-200PCF<br />

fleet owned by CAM <strong>and</strong> will be leased to<br />

Capital Cargo International Airlines, another<br />

ATSG subsidiary. Brian McCarthy, Precision<br />

Conversions vice president Marketing <strong>and</strong> Sales<br />

said, “With the third 757-200PCF re-delivered<br />

to CAM, they are building a substantial 757<br />

freighter lift capability for their customers.” He<br />

added, “CAM will also take delivery of the new<br />

Precision Conversions 757-200PCC Combi aircraft<br />

in the second half of 2012.”<br />

Rolls-Royce to power 20 new aircraft for Thai Airways<br />

Rolls-Royce Trent XWB <strong>and</strong> Trent 1000 engines will power 12 Airbus A350 XWB <strong>and</strong> eight<br />

Boeing 787 Dreamliner aircraft which are part of THAI’s fleet modernisation programme<br />

<strong>and</strong> will further improve the airline’s operational <strong>and</strong> environmental performance. THAI<br />

president Piyasvasti Amran<strong>and</strong> said: “Our decision to add these Trent engines into our fleet<br />

demonstrates our continued commitment to achieve the highest st<strong>and</strong>ards of environmental<br />

performance across all our operations. This commitment was recently demonstrated<br />

with our first biofuel-powered passenger flight, using Rolls-Royce Trent 800 engines.”<br />

<strong>The</strong> Rolls-Royce Trent XWB (above) was selected by Thai Airways to power its new A350s <strong>and</strong> 787s Rolls-Royce<br />

Honda <strong>Aircraft</strong> achieves first flight of<br />

third FAA-conforming HondaJet<br />

Honda <strong>Aircraft</strong> Company reported that the<br />

third FAA design-conforming HondaJet aircraft,<br />

referred to as “F2,” has been conducting<br />

extensive flight testing since its first<br />

flight on Nov. 18, 2011. This milestone marks<br />

important progress toward the HondaJet’s<br />

certification. <strong>The</strong> F2 aircraft’s first flight test<br />

began with engine startup at 2:04pm Eastern<br />

Time <strong>and</strong> lift-off at 2:21, on Nov. 18,<br />

2011, from Honda <strong>Aircraft</strong> Company’s world<br />

headquarters at Greensboro’s Piedmont Triad<br />

International Airport. <strong>The</strong> team completed<br />

a variety of checks in this first flight, including:<br />

takeoff <strong>and</strong> climb; l<strong>and</strong>ing gear operation;<br />

flap operations; aircraft h<strong>and</strong>ling; air<br />

data system checks with instrumentation;<br />

<strong>and</strong> an Instrument L<strong>and</strong>ing System approach<br />

using the flight director. Overall, the aircraft<br />

performed quite well, according to the pilots<br />

<strong>and</strong> telemetry teams.<br />

Embraer delivers first E-Jet to China’s<br />

Hebei Airlines<br />

Embraer delivered two EMBRAER 190 (E190)<br />

jets to China’s Hebei Airlines. <strong>The</strong> sale of<br />

these two E190s was confirmed this month,<br />

<strong>and</strong> the purchase of another eight jets is<br />

still subject to the Chinese government approval.<br />

Based in Shijiazhuang, the capital<br />

city of China’s Hebei Province, the E190s will<br />

be deployed to support establishing a hub<br />

network within Hebei Province, while also<br />

Available <strong>Engine</strong>s for Lease www.willislease.com<br />

ATR42-300 & 72-200 CFM56-3C1 CFM56-5A3 CFM56-5B4/P<br />

CFM56-5B4/3 CFM56-7B24/3 CFM56-7B24(NTI) PW4168A<br />

V2500-A1 V2527-A5 V2533-A5 PW118B<br />

PW121 PW124B PW125B PW150A<br />

Contact Anne Lee @ +1.415.408.4769<br />

5


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

flying from Shijiazhuang to other provincial<br />

capitals, with more routes <strong>and</strong> frequencies.<br />

Eurocopter delivers two EC225s to<br />

Héli-Union for offshore operations<br />

Eurocopter delivered two EC225s to Héli-Union,<br />

a leading provider of commercial air transportation<br />

services worldwide. <strong>The</strong> new helicopters<br />

are the first EC225s to join the company’s<br />

fleet of some 30 rotary-wing aircraft. <strong>The</strong> two<br />

new EC225s are configured for offshore operations<br />

<strong>and</strong> will be deployed for transportation<br />

services for oil <strong>and</strong> gas companies.<br />

Eurocopter will supply seven EC225<br />

LP helicopters to China’s CITIC Offshore<br />

Helicopter<br />

CITIC Offshore Helicopter ordered seven<br />

EC225 LP long-range helicopters in a new<br />

agreement with Eurocopter that also paves<br />

the way for future joint ventures involving the<br />

two companies in training <strong>and</strong> maintenance<br />

services to serve China’s rapidly-developing<br />

rotary-wing market. <strong>The</strong> EC225 LP Super Pumas<br />

acquired in this latest order will be delivered<br />

by Eurocopter from December 2012 to<br />

December 2015, <strong>and</strong> are to be used in CO-<br />

HC’s airlift duties for the offshore oil <strong>and</strong> gas<br />

industry. <strong>The</strong>y will join the Chinese operator’s<br />

already large helicopter fleet, which currently<br />

includes Eurocopter AS332 L1 Super Pumas,<br />

EC155 B <strong>and</strong> B1s, <strong>and</strong> AS365 Dauphins.<br />

Aircastle completes purchase <strong>and</strong><br />

leaseback transaction with EVA Airways<br />

Aircastle Limited reported that an affiliate<br />

completed the purchase <strong>and</strong> leaseback<br />

of two MD-11 freighter aircraft with EVA<br />

Airways. Acquisition financing was provided<br />

by DVB Bank SE as Structuring Agent <strong>and</strong><br />

Co-Lead Arranger <strong>and</strong> Chinatrust Commercial<br />

Bank as Co-Lead Arranger.<br />

Etihad Airways orders GE engines to<br />

power additional Boeing 787 <strong>and</strong> 777<br />

aircraft<br />

Etihad Airways selected the GEnx-1B engine<br />

to power 10 additional Boeing 787 Dreamliner<br />

aircraft <strong>and</strong> signed a 15-year OnPoint<br />

solution agreement for the maintenance,<br />

repair <strong>and</strong> overhaul on these GEnx engines.<br />

Etihad also ordered two GE90-powered<br />

Boeing 777 Freighter aircraft. <strong>The</strong> list price<br />

for the GEnx <strong>and</strong> GE90 engines <strong>and</strong> OnPoint<br />

solution agreement are valued at more than<br />

$900m over the life of the agreement. This<br />

order follows Etihad’s order for 35 GEnxpowered<br />

Boeing 787 Dreamliners that was<br />

made in 2009. <strong>The</strong> engines from this order<br />

are also covered by a 15-year OnPoint solution<br />

agreement.<br />

MRO & PRODUCTION<br />

Ethiopian Airlines orders 767-300ER<br />

Blended Winglets<br />

Ethiopian Airlines ordered Blended Winglets<br />

for its 767-300ERs. Ethiopian Airlines will<br />

install the winglets in Addis Ababa at their<br />

maintenance facility at Bole International<br />

Airport. Initial installations, on 3 aircraft, are<br />

planned to commence in February 2012.<br />

CTS <strong>Engine</strong>s to provide CF6-80 overhaul<br />

work for new customers<br />

CTS <strong>Engine</strong>s, an independent engine MRO,<br />

recently reached agreement with Vision Airlines<br />

<strong>and</strong> MLW Air for the overhaul of two GE<br />

CF6-80 engines. <strong>The</strong> work will be performed<br />

at CTS <strong>Engine</strong>s’s Fort Lauderdale facility. CTS<br />

<strong>Engine</strong>s is an FAA <strong>and</strong> EASA certified engine<br />

MRO specializing in the overhaul of the CF6-<br />

80 engine. Founded in 2002, the company<br />

focuses on providing customers with tailored<br />

overhaul solutions that minimize cost<br />

<strong>and</strong> maximize engine time on-wing.<br />

Solaseed inks five-year airframe<br />

agreement with Evergreen<br />

Japan’s low fare airline Solaseed, inked a 5year<br />

agreement with Evergreen on B737NG<br />

major maintenance. Solaseed, formerly<br />

known as Skynet Asia, is based out of Miyazaki<br />

on the Japanese isl<strong>and</strong> of Kyushu. Its inaugural<br />

flight between Miyazaki <strong>and</strong> Tokyo<br />

took place in August 2002 using the B737<br />

Classic airframe. It has since exp<strong>and</strong>ed to<br />

serve seven domestic destinations in Japan,<br />

with Tokyo Haneda as its primary hub. In its<br />

fleet renewal program, an order for thirteen<br />

B737NGs was placed, the first of which was<br />

delivered in mid-2011. It has since commenced<br />

flight operations with new generation<br />

B737s. This renewal program is expected<br />

to be completed by 2015.<br />

Boeing to convert 747-400 to freighter<br />

for Evergreen International Airlines<br />

Boeing <strong>and</strong> Evergreen International Airlines<br />

reported that the airline will introduce the<br />

747-400 Boeing Converted Freighter to its<br />

fleet with delivery to Evergreen in 2012. <strong>The</strong><br />

conversion will be the 50th 747-400 jetliner<br />

to be modified to a freighter configuration<br />

by Boeing, which provides overall management<br />

of the conversion, including engineering<br />

<strong>and</strong> materials. Boeing contracts with<br />

Taikoo <strong>Aircraft</strong> <strong>Engine</strong>ering (TAECO) in Xiamen,<br />

China, for the modification work.<br />

Taikoo Spirit overhauls four CFM56-7<br />

thrust reversers<br />

Hong Kong <strong>Aircraft</strong> <strong>Engine</strong>ering Company’s<br />

(HAECO) composite joint venture with Spirit<br />

AeroSystems, Taikoo Spirit AeroSystems (Jinjiang)<br />

Composite (Taikoo Spirit), has finished<br />

overhaul maintenance on a major Mainl<strong>and</strong><br />

Chinese operator’s four CFM56-7 thrust reversers<br />

halves, achieving a world class TAT<br />

of 16 days.<br />

<strong>The</strong> four thrust reversers halves (CFM56-7<br />

– Boeing 737NG) were overhauled according<br />

to the Component Maintenance Manual<br />

TAP M&E Brasil performs first C-Check on WhiteJets A-320<br />

TAP M&E Brasil successfully concluded the first C-Check of a new WhiteJets A-320<br />

aircraft on December 18, 2011, two days in advance of the contract turn-around-time<br />

(TAT).<strong>The</strong> services were performed at the base in Porto Alegre, providing an opportunity<br />

to establish, in a practical manner, the expertise for this aircraft model, with the participation<br />

of four professionals from TAP M&E Lisbon, which was a determining factor in<br />

the success of this operation.<br />

TAP M&E Brasil’s iconic Hangar 4 in Porto Alegre, where the Whitejets C-Checks were carried out<br />

6<br />

January 9, 2012 / Vol. 320


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

(CCM), <strong>and</strong> inner wall repairs plus all Service<br />

Bulletins (SB) requested were completed.<br />

Spirit AeroSystems signs spare parts<br />

agreement with Skymark Airlines<br />

Spirit AeroSystems <strong>and</strong> Skymark Airlines<br />

signed a supply agreement whereby<br />

Spirit Aftermarket Customer Support (ACS)<br />

will provide thrust reverser, fuselage, <strong>and</strong> wing<br />

component spare parts for Skymark Airlines’s<br />

fleet of Boeing 737NG aircraft. This multi-year<br />

contract will enable Skymark Airlines to obtain<br />

predictable <strong>and</strong> competitive pricing for all<br />

parts in the Spirit catalog while ensuring availability<br />

for key parts <strong>and</strong> components.<br />

AFI KLM E&M <strong>and</strong> Afriqiyah Airways<br />

resume cooperation<br />

<strong>The</strong> 2008 contract between AFI KLM E&M<br />

<strong>and</strong> Afriqiyah Airways has been reactivated<br />

following an amendment signed in November<br />

this year. <strong>The</strong> agreement still involves pool<br />

access <strong>and</strong> component repairs for the Libyan<br />

carrier’s A320 <strong>and</strong> A330 fleets. <strong>The</strong> contract<br />

includes the maintenance checks on these<br />

same aircraft.<br />

FINANCIAL NEWS<br />

HAECO/TAECO acquires 49% shares<br />

of SR Shanghai<br />

Hong Kong <strong>Aircraft</strong> <strong>Engine</strong>ering Company<br />

(HAECO) <strong>and</strong> Taikoo (Xiamen) <strong>Aircraft</strong> <strong>Engine</strong>ering<br />

Company (TAECO) – a subsidiary of<br />

HAECO, reported that the two companies have<br />

acquired 49% shareholding that SR Technics<br />

holds in Shanghai SR <strong>Aircraft</strong> Technics Company<br />

(SR Shanghai). <strong>The</strong> company has been<br />

renamed Shanghai Taikoo <strong>Aircraft</strong> <strong>Engine</strong>ering<br />

Services Company (STA) to take up the line<br />

maintenance services at Shanghai Pudong In-<br />

LEGAL ISSUES<br />

Legal challenge to EU Emissions Trading Scheme rejected: KPMG<br />

Despite opposition from a number of countries to the inclusion of non-EU aviation operators<br />

within the EU Emissions Trading Scheme (ETS), the European Court of Justice (ECJ)<br />

rejected a lawsuit challenging the legality of including emissions from flights to <strong>and</strong>/or<br />

from Europe within the Scheme. <strong>The</strong>refore, from 1 January 2012, all such flights covered<br />

by the EU ETS <strong>and</strong> aviation operators will be required to monitor, report, <strong>and</strong> surrender<br />

allowances for the emissions generated by these flights.<br />

Dr. Ashley Steel, head of transport at global audit, tax <strong>and</strong> advisory firm KPMG, commented<br />

that:“For aviation operators with flights departing <strong>and</strong>/or arriving in Europe, this<br />

will place a significant compliance burden with associated costs. However, by proactively<br />

managing this burden <strong>and</strong> putting in place a holistic carbon management strategy, supported<br />

by robust <strong>and</strong> efficient policies, systems <strong>and</strong> processes, it may possible for the<br />

impact on aviation operators to be mitigated in part.<br />

“Nonetheless, this will place an additional cost pressure upon the sector at a time when<br />

air operators are already being squeezed by the recent increase in UK Air Passenger Duty<br />

<strong>and</strong> continuing global economic turmoil.<br />

“For the European carbon market, when viewed alongside the first successful vote in the<br />

European Parliament to withhold some 1.4bn of emissions allowances from 2013-2020<br />

(although this proposal is unlikely to survive in its current form), the ECJ decision may<br />

potentially provide some relief from the recent downward pressure on prices.<br />

“It is important to note that this is not the end of the matter. We would anticipate opponents<br />

of the scheme to continue pursuing their resistance to the Scheme through<br />

unilateral domestic legislation <strong>and</strong> multilateral action at the International Civil Aviation<br />

Organization.”<br />

ternational Airport. TAECO <strong>and</strong> STA will work<br />

together to provide line maintenance services<br />

for customers. <strong>The</strong>re are three shareholders of<br />

the company, HAECO, TAECO <strong>and</strong> Shanghai<br />

Foreign Aviation Service Corporation (FASCO).<br />

TAECO <strong>and</strong> STA now serve 39 airline customers<br />

at Shanghai Pudong International Airport.<br />

LAN shareholders approve merger<br />

with TAM by broad majority<br />

At an extraordinary shareholders meeting<br />

held in Santiago, Chile, LAN shareholders approved<br />

the merger of LAN with Sister Holdco<br />

<strong>Engine</strong>s available for lease:<br />

CFM56-7B26/3<br />

CFM56-7B26<br />

V2530-A5<br />

V2533-A5<br />

Call Joe Hussar at 1 617 828 3569<br />

S.A. <strong>and</strong> Holdco II S.A., two special purpose<br />

companies, created exclusively for purposes<br />

of this transaction, where shares of TAM<br />

S.A. will be held, directly or indirectly, prior<br />

to their consolidation into LAN. LAN will be<br />

the surviving entity, with an exchange ratio<br />

set at 0.9 LAN shares for each share of the<br />

absorbed companies, <strong>and</strong> will be renamed<br />

LATAM Airlines Group S.A., subject to the<br />

terms <strong>and</strong> conditions of the binding contracts<br />

between both parties; <strong>and</strong> a final decision, on<br />

or before April 30, 2012, in the pending Reclamación<br />

before the Chilean Supreme Court<br />

that seeks the approval of the proposed busi-<br />

AE3007-A1<br />

CF34-8C5B1<br />

CFM56-5A3<br />

CFM56-5C3<br />

7


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

ness combination between LAN <strong>and</strong> TAM.<br />

LAN shareholders approved the merger on<br />

the proposed conditions by a broad majority,<br />

with over 99.99% of shares present at the<br />

meeting. <strong>The</strong> Shareholders Meeting also approved<br />

a change to the Company’s corporate<br />

name, <strong>and</strong> other necessary transactions contemplated<br />

in the agreements between the<br />

parties. This approval is an important milestone<br />

in the implementation of the merger<br />

proposal between LAN <strong>and</strong> TAM, which is<br />

expected to be concluded by the end of the<br />

first quarter 2012.<br />

Lufthansa sells British Midl<strong>and</strong> for<br />

€207m to IAG<br />

Deutsche Lufthansa AG <strong>and</strong> International<br />

Airlines Group (IAG) have signed a binding<br />

agreement for the sale of British Midl<strong>and</strong><br />

Limited (bmi) to IAG. <strong>The</strong> price is £172.5m<br />

(approx. €207m) in cash for bmi. <strong>The</strong> price<br />

is subject to certain reductions. Both parties<br />

aim for a closing of the transaction by the<br />

end of the first quarter 2012.<br />

ILFC announces pricing of 8.625%<br />

senior notes due 2022<br />

International Lease Finance Corporation<br />

(ILFC) has priced, <strong>and</strong> entered into an agreement<br />

to issue <strong>and</strong> sell, subject to certain<br />

conditions, $650,000,000 aggregate principal<br />

amount of 8.625% senior notes due<br />

2022 (the “Notes”) pursuant to an effective<br />

registration statement filed on August<br />

7, 2009 with the Securities <strong>and</strong> Exchange<br />

Commission. ILFC expects to close the offering<br />

on December 22, 2011, subject to the<br />

satisfaction of customary market <strong>and</strong> other<br />

closing conditions. <strong>The</strong> Notes will pay interest<br />

semi-annually on each January 15 <strong>and</strong><br />

July 15 at a rate of 8.625% per year, beginning<br />

July 15, 2012, <strong>and</strong> will mature on<br />

January 15, 2022.<br />

Virgin America reports third quarter<br />

2011 financial results<br />

Virgin America reported its financial results<br />

for the third quarter of 2011. During a period<br />

of significantly higher fuel prices, Virgin<br />

America reported a $16.2m operating profit<br />

for the quarter, resulting in a 6% operating<br />

margin. <strong>The</strong> airline achieved strong revenue<br />

growth, with a 44%increase in operating<br />

revenue as compared to the third quarter<br />

of 2010. Virgin America reported a $3.3<br />

million net loss <strong>and</strong> unrestricted cash of<br />

$24m. Total fuel costs for the quarter increased<br />

by 86% <strong>and</strong> the Company’s average<br />

price per gallon of fuel increased by 43%<br />

year-over-year. <strong>The</strong> increase in fuel costs was<br />

the primary factor in a $4.8m decrease in<br />

Virgin America’s operating income, as compared<br />

to the third quarter of 2010.<br />

MILITARY & DEFENSE<br />

A-29 Super Tucano wins U.S. Defense<br />

contract<br />

<strong>The</strong> U.S. Air Force selected the A-29 Super Tucano,<br />

produced by Embraer Defense <strong>and</strong> Security,<br />

for the Light Air Support (LAS) program.<br />

<strong>The</strong> aircraft will be supplied in partnership<br />

with Sierra Nevada Corporation (SNC) as the<br />

prime contractor, <strong>and</strong> will be used to conduct<br />

advanced flight training, aerial reconnaissance<br />

<strong>and</strong> light air support operations. As specified<br />

by the Air Force, this is a firm-fixed price delivery<br />

order contract in the amount of $355m<br />

for the Light Air Support (LAS) aircraft <strong>and</strong> associated<br />

support. Twenty LAS aircraft will be<br />

provided, as well as ground training devices<br />

to support pilot training <strong>and</strong> support for all<br />

maintenance <strong>and</strong> supply requirements for the<br />

aircraft <strong>and</strong> associated support equipment.<br />

P&W awarded deal for F135 engine<br />

production worth up to $1.12bn<br />

<strong>The</strong> U.S. Department of Defense awarded<br />

Pratt & Whitney an undefinitized contract<br />

award (UCA) not to exceed $1,122,306,649<br />

for F135 production engines to power the<br />

F-35 Lightning II. Pratt & Whitney <strong>and</strong> the<br />

DoD have reached a tentative agreement on<br />

key terms for the low rate initial production<br />

(LRIP) 5 contract which contains fixed-price<br />

<strong>and</strong> cost-plus incentive fee elements. A total<br />

of $358,597,078 is being obligated at time of<br />

award, in addition to the $138,800,000 obli-<br />

gated in 2011 for advanced acquisition materials.<br />

This LRIP contract includes production<br />

engines, spare parts, program management,<br />

engineering support for production, sustainment<br />

<strong>and</strong> field support for the F135 engines.<br />

Safran <strong>and</strong> Thales sign optronics<br />

partnership agreement<br />

Thales <strong>and</strong> Safran signed a Memor<strong>and</strong>um of<br />

Underst<strong>and</strong>ing to create an equally-owned<br />

joint venture for optronics (electro-optical)<br />

systems <strong>and</strong> equipment. Through this joint<br />

venture Thales <strong>and</strong> Safran will combine their<br />

respective areas of expertise in optronics, <strong>and</strong><br />

exp<strong>and</strong> their offering of products <strong>and</strong> services<br />

to cover emerging needs for new defence systems,<br />

including both modernization programs<br />

<strong>and</strong> original equipment. <strong>The</strong> new systems under<br />

consideration include the optronics pod for<br />

the modernized Atlantique 2 maritime patrol<br />

aircraft, the imaging system for the upcoming<br />

French-British MALE (medium altitude, long<br />

endurance) drone, modular optronics systems<br />

for army l<strong>and</strong> vehicles, <strong>and</strong> optronics for tomorrow’s<br />

helicopters. <strong>The</strong> partnership will be<br />

in the form of a joint venture covering technical,<br />

commercial <strong>and</strong> program aspects, with the<br />

industrial assets remaining under the control<br />

of the two parent companies.<br />

Japanese Ministry of Defense to purchase<br />

F-35 aircraft<br />

<strong>The</strong> Japanese Defense Minister Yasuo<br />

Ichikawa has announced the selection of<br />

the F-35 Lightning II aircraft for the F-X pro-<br />

Helibras to provide spare parts <strong>and</strong> services for Brazilian Armed Forces’<br />

EC725 helicopter fleet<br />

<strong>The</strong> Helibras subsidiary of Eurocopter will supply <strong>and</strong> manage all spare parts, stocks <strong>and</strong><br />

related technical support for the Brazilian armed forces’ fleet of 50 EC725 helicopters,<br />

offering significant savings <strong>and</strong> operational synergies for the country’s three military services<br />

operating the twin-engine rotary-wing aircraft. This responsibility is being assigned to<br />

Helibras under terms of a five-year contract, which marks the first such agreement involving<br />

all three branches of Brazil’s military services. <strong>The</strong> accord is valued at approximately<br />

R$150m (€62m), <strong>and</strong> covers the 50 EC725s being assembled at Helibras’ new manufacturing<br />

facility in Itajubá for the Brazilian armed forces.<br />

An EC725 in flight Eurocopter, Anthony Pecchi<br />

8<br />

January 9, 2012 / Vol. 320


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

gram. <strong>The</strong> F-35 is produced by Lockheed<br />

Martin <strong>and</strong> powered by Pratt & Whitney’s<br />

F135 engine. <strong>The</strong> announcement includes 42<br />

installed engines, spare engines <strong>and</strong> a logistics<br />

support program. <strong>The</strong> Japanese government’s<br />

decision to select the F-35 Lightning II<br />

as the Japan Air Self Defense Force’s (JASDF)<br />

next-generation fighter makes Japan the second<br />

country to receive the F-35 through the<br />

United States government’s Foreign Military<br />

Sales process, <strong>and</strong> the 13th F-35 customer.<br />

Pratt & Whitney receives engine contract<br />

for Boeing C-17s<br />

Pratt & Whitney recently received a contract to<br />

produce the first four F117-PW-100 engines<br />

that will power the Boeing C-17 Globemaster<br />

III for the Indian Air Force. <strong>The</strong> engines will be<br />

delivered in second quarter of 2012. Earlier<br />

this year, India‘s Ministry of Defence signed a<br />

Letter of Offer <strong>and</strong> Acceptance with the U.S.<br />

government to acquire 10 C-17s. India will<br />

take delivery of its first C-17s in early 2013.<br />

OTHER NEWS<br />

Alaska reported a 6.2% increase in traffic<br />

on a 4.0% increase in capacity compared to<br />

December 2010. This resulted in a 1.8-point<br />

increase in load factor to a December record<br />

of 87.4%.<br />

American Airlines reported a December<br />

load factor of 80.8%, an increase of 0.2<br />

points versus the same period last year. Capacity<br />

was lower by 1.2%, while traffic was<br />

lower 0.9% year-over-year.<br />

American Eagle reported a December traffic<br />

increase of 8.8% year-over-year as capacity<br />

increased 9.0%. December load factor was<br />

Bankruptcy does hurt customer service, as American places last - again - among top seven US airlines in 2011<br />

American Airlines, which entered Chapter 11 bankruptcy protection last month, has ranked last in customer service among the seven largest<br />

US airlines in <strong>The</strong> Wall Street Journal’s annual analysis of major domestic airlines. <strong>The</strong> newly merged United <strong>and</strong> Continental Airlines<br />

also fared poorly, while Alaska<br />

Airlines, the smallest among<br />

the big seven, came out on<br />

top. Delta, which placed ninth<br />

in the 2010 rankings, rose to a<br />

surprising second last year.<br />

Both Alaska <strong>and</strong> Delta have<br />

implemented major operational<br />

overhauls over the past<br />

year, with Delta’s turnaround<br />

the most remarkable, after<br />

it posted the highest rate of<br />

canceled flights <strong>and</strong> consumer<br />

complaints filed with the Department<br />

of Transportation<br />

(DOT) in 2010.<br />

IT NEWS<br />

Venezuela’s Avior selects Alkym software<br />

Volartec announced that Avior Airlines, from Venezuela, awarded it the contract for the<br />

supply of its maintenance management software system Alkym. Avior Airlines has agreed<br />

to implement the new Alkym 5 application, the latest version of Alkym, designed to be<br />

a complete MRO solution for modern organizations. Alkym will allow Avior Airlines to<br />

have the benefits of having information about their aircraft, inventory <strong>and</strong> maintenance<br />

activities integrated into a single system, thereby streamlining aircraft maintenance <strong>and</strong><br />

inventory planning <strong>and</strong> processes.<br />

Boeing chooses Exostar’s MAG OTP capability<br />

Boeing selected Exostar’s exp<strong>and</strong>ed Managed Access Gateway (MAG)’s new OTP capability<br />

as the foundation of its ‘One ID’ Supplier Identity Management program. <strong>The</strong><br />

Boeing One ID program uses a two-factor authentication requirement that will employ<br />

Exostar’s OTP hardware tokens to authenticate access to approximately 10,000 supplier<br />

organizations <strong>and</strong> 50,000 individuals serving all divisions across the Boeing enterprise.<br />

<strong>The</strong> transition to the Exostar OTP hardware tokens will be completed during the 2012<br />

calendar year. MAG uses the Exostar-issued OTP hardware tokens, as well as other<br />

forms of credentials such as basic level of assurance <strong>and</strong> medium level of assurance<br />

public-key infrastructure certificates <strong>and</strong> common access cards, to control access to<br />

Exostar <strong>and</strong> other service provider applications connected to the Exostar Identity Hub.<br />

72.2%, a decrease of 0.2 points compared to<br />

the same period last year.<br />

Delta Air Lines reported traffic results for<br />

December 2011. System load factor increased<br />

0.8 points to 80.9%, as traffic declined<br />

2.3% on 3.3% lower capacity year<br />

over year.<br />

Horizon reported a 17.5% decline in December<br />

traffic on a 17.6% decline in capacity<br />

compared to December 2010. This resulted<br />

in a 0.1-point increase in load factor to a December<br />

record of 78.7%.<br />

IAG traffic rose by 12.2% versus December<br />

2010, while capacity was up 11.5% compared<br />

to the same period in 2010. <strong>The</strong> load factor<br />

for the month was up 0.6 pts to 77.6%.<br />

Norwegian’s traffic increased 24% in December<br />

2011 <strong>and</strong> capacity increased 22%.<br />

<strong>The</strong> load factor for the month was up 1.0 pt<br />

to 77%, compared to December 2011.<br />

Porter Airlines released that December traffic<br />

increased 29.9% compared to December<br />

2010 <strong>and</strong> capacity increased 26.7%. <strong>The</strong><br />

load factor was up 1.5 pts to 63.9%.<br />

Ryanair reported a December traffic decrease<br />

of 5% compared to the same month in 2010;<br />

the load factor was down 1.0 pt to 79%.<br />

US Airways Group announced December<br />

2011 traffic results. Mainline traffic for the<br />

Seven major US airlines: <strong>The</strong> Wall Street Journal’s 2011 scorecard for customer service<br />

Airline<br />

On-time<br />

arrivals<br />

Flight<br />

delays<br />

44 mins+<br />

Mish<strong>and</strong>led<br />

baggage /1,000<br />

passengers<br />

Complaints<br />

filed/100,000<br />

passengers<br />

Bumping<br />

/10,000 passengers<br />

Cancelled<br />

flights<br />

2-hr<br />

tarmac<br />

delays<br />

Alaska 88.6% 4.2% 2.89 0.5 0.87 0.7% 0.01% 14<br />

Delta 83.6% 6.4% 2.77 1.3 0.32 1.4% 0.11% 20<br />

Southwest 81.2% 7.9% 3.35 0.4 0.66 1.1% 0.02% 22<br />

JetBlue 75.3% 11.8% 2.25 1.1 0.01 1.8% 0.14% 31<br />

US Airways 81.4% 6.7% 2.77 2.0 0.96 1.6% 0.18% 32<br />

United 79.8% 8.0% 3.16 2.1 1.31 1.4% 0.12% 38<br />

American 79.9% 9.1% 3.67 1.5 0.96 2.4% 0.10% 39<br />

Sources: Wall Street Journal. Continental statistics combined with United; AirTran with Southwest. Excessive delays tracked by FlightStats.com. Mish<strong>and</strong>led<br />

baggage based on DOT data through Oct. Complaints filed with DOT through Oct. Bumping rates through Sept. ( all latest available). 2-hr tarmac<br />

delays recorded by DOT & ranked by % of all flights, data through Oct. Total rank is sum of rankings of 1-7 in the seven customer measures.<br />

Total<br />

rank<br />

9<br />

January 9, 2012 / Vol. 320


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

month was up 3.6% versus December 2010.<br />

Mainline capacity was up 2.2% versus December<br />

2010 <strong>and</strong> mainline load factor was a record<br />

81.9% up 1.1 points versus December 2010.<br />

WestJet reported record December 2011<br />

traffic results with a load factor of 80.9%, tying<br />

its second highest December load factor<br />

ever. Traffic increased 8% year over year, <strong>and</strong><br />

capacity grew 7.1% over the same period.<br />

PPG Industries’ aerospace coatings group<br />

commercialized the first electrocoat-application<br />

primer for global airframe manufacturers<br />

<strong>and</strong> subcontractors to coat parts for<br />

commercial, military <strong>and</strong> general-aviation<br />

aircraft. AEROCRON(TM) electrocoat primer<br />

by PPG Aerospace affords better corrosion<br />

protection than does conventional spray<br />

primer because electrocoating enhances part<br />

coverage, according to Mark Cancilla, PPG<br />

global platform director for aerospace coatings.<br />

It also provides nearly 100% product<br />

utilization, reduces primer weight for enhanced<br />

aircraft fuel economy, <strong>and</strong> eliminates<br />

worker overspray exposure, he said.<br />

United Airlines, a wholly owned subsidiary<br />

of United Continental Holdings, announced<br />

that mechanics represented by the Interna-<br />

2011: A good year for safety <strong>and</strong> insurers - Ascend study<br />

Last year was a good year for safety, according to the 2011 Performance <strong>and</strong> Safety Review published by the Ascend aviation consultancy,<br />

with the fatal accident rate improving from about one per 1.3m flights overall in 2010 to one per 1.52m flights in 2011. According to<br />

those figures, Ascend says that last year was the safest year ever, just ahead of 2009 when the fatal accident rate was one per 1.51m<br />

flights. This marks a significant improvement from the mid-1990s when the rate was about one per 700,000 flights, meaning that on<br />

average, overall airline operations are now twice as safe as they were 15 years ago. <strong>The</strong> number of fatal accidents has also plummeted,<br />

falling from a mid-1990s average of 37.8 per year to 25 in 2011. All figures exclude acts of violence.<br />

2011 was a boon to the insurance industry.<br />

With no major catastrophe, Ascend estimates<br />

Table 1: Airline Hull & Liability Claim Costs <strong>and</strong> Written Premiums 2002-11 ($m)<br />

that the cost of incurred hull <strong>and</strong> liability Year 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011<br />

losses will not be much more than half the Written Premium 3,200 2690 2,460 2,160 1,770 1,575 1,660 1,960 2,100 2,000<br />

$2.146bn inccurred in 2010 (Table 1). <strong>The</strong> es-<br />

Hull Cost 509 506 473 556 636 846 813 831 1,219 594<br />

timated incurred cost of airline claims in 2011<br />

is the lowest for seven years, a ‘mixed bless- Liability Cost 270 164 209 389 399 706 330 1,183 427 86<br />

ing’ for insurers, as most will ‘probably have Minor Liability 320 350 375 400 425 450 450 475 500 500<br />

made money last year’ but that is only just Total Cost 1,099 1,020 1,057 1,345 1,460 2,002 1,593 2,489 2,146 1,180<br />

starting to make up for a number of recent<br />

Ascend<br />

bad years.<br />

<strong>The</strong> study points out that although the number of fatal accidents for jets <strong>and</strong> turboprops fell only slightly from 2010 to 2011 (28 vs 25),<br />

relatively fewer people were killed in these accidents. Fatalities in 2011 totalled 497, compared to 828 in 2010 - a reduction of over 40%.<br />

It is interesting to note the ‘decade averages’, with 1,467.4 passenger <strong>and</strong> crew fatalities on average each year in the 1970s compared to<br />

1,072.2 in the 1980s, 1,127.5 in the 1990s <strong>and</strong> a mere 792.3 in the last decade to 2009.<br />

<strong>The</strong> estimated passenger fatality rate for 2011 was one per 7.1m passengers, compared to one per 3.8m passengers carried in 2010,<br />

making 2011 the safest year ever, about 11% better than the previous best year of 2004, when the passenger fatality rate was one per<br />

6.4m carried.<br />

<strong>The</strong> five worst accidents of 2011 (Table 2) account for a total of 250 passenger fatalities, or 62% of the total number of passenger fatalities<br />

on revenue passenger flights during the year.<br />

Western-built jets, which carry more than 90% of the world’s traffic, suffered five fatal accidents in 2011, resulting in 207 passenger <strong>and</strong><br />

crew deaths, for just over 50% of all airline fatalities during the year - a considerable reduction from the eight fatal accidents <strong>and</strong> 554<br />

fatalities of 2010. Western-built turboprops<br />

(14 passenger seats+) sufferend nine fatal ac- Table 2: Worst accidents in 2011<br />

cidents resulting in 111 passenger <strong>and</strong> crew<br />

Fatalities Survivors<br />

deaths, again a significant reduction on 2010 Airline <strong>Aircraft</strong> Location<br />

Passengers Crew Passengers Crew<br />

when there were 11 fatal accidents <strong>and</strong> 169<br />

Hewa Bora Boeing 727-100 DR Congo 79 4 33 1<br />

fatalities.<br />

Iran Air Boeing 727-200 Iran 69 9 26 1<br />

Eastern-built jets displayed disappointing fig-<br />

Rusair Tupolev TU134 Russia 37 8 0 0<br />

ures, according to Ascend. <strong>The</strong>re were four<br />

fatal accidents resulting in 101 passenger <strong>and</strong> Yak Service Yakovlev YAK42 Russia 37 7 0 1<br />

crew fatalities, up from two fatal accidents <strong>and</strong> AirZena Bombardier CRJ 100ER DR Congo 28 4 0 0<br />

10 fatalities in 2010. Three of these accidents Ascend<br />

involved passenger fatalities during a revenue<br />

passenger flight, killing a total of 77 passengers - <strong>and</strong> all three of these involved Russian carriers. Turboprops fared only slightly better,<br />

with seven fatal accidents, the same number as in 2010. 78 passengers <strong>and</strong> crew died in these accidents, 18% down on the 95 deaths<br />

recorded in 2010.<br />

10<br />

tional Brotherhood of Teamsters (IBT) ratified<br />

a new labor agreement with the company.<br />

<strong>The</strong> new agreement covers approximately<br />

5,500 United mechanics. <strong>The</strong> company <strong>and</strong><br />

the IBT will soon commence negotiations<br />

for a joint collective bargaining agreement<br />

for mechanics at both the United <strong>and</strong> Continental<br />

subsidiaries. Continental mechanics<br />

represented by the IBT ratified their collective<br />

bargaining agreement in November of 2010.<br />

Boeing’s Defense, Space & Security business<br />

signed Memor<strong>and</strong>a of Underst<strong>and</strong>ing<br />

(MOUs) with two Brazilian companies: MSM<br />

Powertrain <strong>and</strong> Pan Metal Industria Met-<br />

January 9, 2012 / Vol. 320


<strong>AviTrader</strong> WEEKLY AVIATION HEADLINES<br />

alurgica. <strong>The</strong> MOUs outline plans for each<br />

company to explore work opportunities with<br />

Boeing <strong>and</strong> its industry partners in the following<br />

areas:<br />

• MSM: logistics services, ground support<br />

equipment, engineering support;<br />

• Pan Metal: assembly, subsystem installation,<br />

machined parts, processing, heat treatment.<br />

“<strong>The</strong>se companies are recognized for their<br />

experience in the aerospace industry,” said<br />

Susan Colegrove, regional director of International<br />

Strategic Partnerships for Boeing<br />

Defense, Space & Security. “Boeing looks<br />

forward to developing opportunities that will<br />

bring best-value solutions to our customers<br />

<strong>and</strong> support regional economic development<br />

objectives for exp<strong>and</strong>ed opportunities in the<br />

aerospace industry <strong>and</strong> other sectors.”<br />

JetBlue <strong>and</strong> Singapore Airlines announced<br />

the launch of a new interline agreement that<br />

will offer customers new travel options from<br />

JetBlue destinations in the United States to<br />

Europe , Singapore <strong>and</strong> beyond. Singapore<br />

Airlines offers the convenience of all-business<br />

class service each day from Newark<br />

to its hub at Changi International Airport<br />

in Singapore with connections throughout<br />

Southeast Asia. In addition, the airline also<br />

flies daily from New York /JFK to Singapore<br />

PEOPLE<br />

Honeywell released that Stephen Shang will take over as president, Honeywell China, effective<br />

immediately <strong>and</strong> Shane Tedjarati was named to the broader role of president, High<br />

Growth Regions.<br />

STS Component Solutions announced the addition of Arm<strong>and</strong>o Barroso to its team as the<br />

director, Business Development focusing on <strong>Engine</strong>s, APU’s <strong>and</strong> L<strong>and</strong>ing Gear. In addition<br />

to establishing support programs for <strong>Engine</strong>s, LRU’s, APU’s, <strong>and</strong> l<strong>and</strong>ing gear components,<br />

he will be responsible for leading growth into the <strong>Engine</strong> marketplace by locating assets,<br />

performing engine inspections, <strong>and</strong> managing the assets to maximize returns.<br />

Constant Aviation, a maintenance, repair, <strong>and</strong> overhaul facility headquartered at Clevel<strong>and</strong><br />

Hopkins International Airport, released that Jay R<strong>and</strong>all has been named the Great Lakes<br />

regional sales manager. Jay comes to Constant most recently from Dallas Airmotive where<br />

he was responsible for the sale of engine maintenance services specializing in PTA6, JT-15,<br />

Spey, Tay <strong>and</strong> Gulfstream series engines for the Northeast <strong>and</strong> Great Lakes Territory.<br />

Skytech-AIC, the UK-based aircraft lessor, airfinance <strong>and</strong> aircraft management company, has<br />

appointed Jeff Solomon as technical director responsible for all aircraft <strong>and</strong> technical record<br />

inspections for the company’s owned <strong>and</strong> managed portfolios <strong>and</strong> for third party clients.<br />

Chen Siqing is the new chairman of BOC Aviation. He takes over from Zhang Yanling who<br />

has retired from the position. Chen is a member of the senior management of Bank of<br />

China (BOC) <strong>and</strong> has served as executive vice president of BOC <strong>and</strong> president of Corporate<br />

Banking Committee since June 2008.<br />

In accordance with Premium AEROTEC’s supervisory board, Dr. Dieter Meiners, chief operating<br />

officer (COO) of Premium AEROTEC <strong>and</strong> member of the company’s board of management,<br />

resigns from his m<strong>and</strong>ate with immediate effect <strong>and</strong> will leave the company.<br />

Alan Hood was appointed managing director, for Aircelle, an Aircelle (Safran group) subsidiary<br />

located in Burnley, Lancashire – United Kingdom, effective 1st December 2011. He<br />

succeeds Andrew White who has moved to another position within Safran Group.<br />

MRO MiddLe East 2012<br />

Airport Expo, Dubai, UAE, 21 January-2 February. (Event brochure)<br />

Air Cargo India 2012<br />

Mumbai Exhibition Centre, Mumbai, India, 1-3 February, 2012. (Event brochure)<br />

Maintenance Reserves Training Seminar /<br />

Managing Technical Aspects of a Lease<br />

Hilton Budapest West End, Budapest, Hungary, 6-7 March, 20112 (Event brochure)<br />

ISTAT Americas 2012 - 29th Annual Conference<br />

Westin Kierl<strong>and</strong> Resort, Scottsdale, AZ, USA, 18-20 March, 2012. (Event brochure)<br />

Farnborough International Airshow<br />

Farnborough, UK, 9-15 July, 2012. (Event brochure)<br />

via Frankfurt. Beginning January 16th 2012<br />

, Singapore Airlines will deploy the A380<br />

superjumbo on its daily service to JetBlue’s<br />

home at New York /JFK.<br />

Recommended Events<br />

Click here for more aviation events<br />

11<br />

<strong>AviTrader</strong> Publications Corp.<br />

9500 Aquila Road<br />

Richmond, BC<br />

Canada V7A 3P9<br />

Publisher<br />

Peter Jorssen<br />

Tel: +1 604 448 0970<br />

Editor<br />

Catherine Davies<br />

editor@avitrader.com<br />

Tel: +44 (0) 7772 896 280<br />

Advertising Inquiries <strong>and</strong><br />

Customer Support<br />

Jenny Falk<br />

jenny.falk@avitrader.com<br />

Tel: + 49 (0) 8761 346 007<br />

For inquiries <strong>and</strong> comments,<br />

please email:<br />

editor@avitrader.com<br />

January 9, 2012 / Vol. 320


Commercial Jet <strong>Aircraft</strong><br />

<strong>The</strong> <strong>AviTrader</strong> <strong>Aircraft</strong> <strong>and</strong> <strong>Engine</strong> <strong>Marketplace</strong> Page 1 of 4<br />

<strong>Aircraft</strong> Type Company <strong>Engine</strong> MSN Year Available Sale / Lease Contact Email Phone<br />

A300-600 GA Telesis PW4158 783 1998 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1954 676 3111<br />

A300-600 GA Telesis PW4158 753 1996 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1954 676 3111<br />

A300 A300-600 600 GA Telesis PW4158 770 1996 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1954 1954 676 3111<br />

A300-600 GA Telesis PW4158 617 1991 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1954 676 3111<br />

A300-600 GA Telesis PW4158 602 1991 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1954 676 3111<br />

A300-600 Apollo Aviation Group CF6-80C2A5 675 1993 Now Sale Erik Castillo erikc@apollo.aero + (305) 579-2340<br />

A300-600 Apollo Aviation Group CF6-80C2A5 639 1992 Now Sale Erik Castillo erikc@apollo.aero + (305) 579-2340<br />

A300-600 Apollo Aviation Group CF6-80C2A5 610 1991 Now Sale Erik Castillo erikc@apollo.aero + (305) 579-2340<br />

A310-300 Royal Jordanian Airlines CF6-80C2A2 491 1989 Now Sale Talal Al-Hadid talal.hadid@rj.com (00962)777 600 177<br />

A310-300 Royal Jordanian Airlines CF6-80C2A2 531 1990 Now Sale Talal Al-Hadid talal.hadid@rj.com (00962)777 600 177<br />

A319-100 Amentum Capital CFM56-5B6/3 3533 2008 Early `12 Lease Noel Healy marketing@amentum-capital.com +353 1 639 8111<br />

A319-100 Amentum Capital CFM56-5B6/3 3560 2008 Early `12 Lease Noel Healy marketing@amentum-capital.com +353 1 639 8111<br />

A319-112 Doric Asset Finance CFM56-5B6/3 3853 2009 Q1 2012 Sale / Lease Maurick Groeneveld maurick.groeneveld@doricassetfinance.com +496924755942<br />

A319-112 Doric Asset Finance CFM56-5B6/3 3872 2009 Q1 2012 Sale / Lease Maurick Groeneveld maurick.groeneveld@doricassetfinance.com +496924755942<br />

A320-200 World Star Aviation Services V2500-A1 0415 1994 Now Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

A320-200 DVB Bank SE CFM56-5B4/P 1571 2001 Feb 2012 Lease Jon Skirrow jon.skirrow@dvbbank.com +44 207 256 4430<br />

A320-200 DVB Bank SE CFM56-5B4/P 2569 2005 Nov 2011 Lease Jon Skirrow jon.skirrow@dvbbank.com +44 207 256 4430<br />

A320-211 GA Telesis CFM56-5A1 0039 1989 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1 954.676.3111<br />

A320-211 GA Telesis CFM56-5A1 0042 1989 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1 954.676.3111<br />

A320-211 GA Telesis CFM56-5A1 0103 1990 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1 954.676 3111<br />

A320-211 GA Telesis CFM56-5A1 0109 1990 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1 954.676 3111<br />

A320 A320-211 211 GA Telesis CFM56 CFM56-5A1 5A1 0120 1990 Now Sale / Lease Stefan Kageman skageman@gatelesis.com skageman@gatelesis com +1 954.676 954 676 3111<br />

B737-200 ORIX Aviation JT8D-17A 22743 Now Sale (w.lease) Matthew White Matthew.White@orix.ie +353 86 300 4189<br />

B737-200QC Airlift Group JT8D Now Sale / Lease Jim Foody jfoody@airliftgroup.com +1 210 366-8766<br />

B737-232 Jet Midwest Inc. JT8D-15A 23086 1984 Now Sale / Lease Paul Kraus / Cathy Liu p.jetlease@verizon.net +1 310 652 0296<br />

B737-2H4 Jet Midwest JT8D-9A 22062 1980 Now Sale / Lease Paul Kraus / Cathy Liu p.jetlease@verizon.net +1 310 652 0296<br />

B737-300 World Star Aviation Services CFM56-3B2 23717 1987 Now Sale / Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

B737-300 World Star Aviation Services CFM56-3B2 23833 1987 Now Sale / Lease Garreth Slevin gslevin@worldstaraviation +1 415-956-9426<br />

B737-300 World Star Aviation Services CFM56-3B2 23834 1987 Now Sale / Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

B737-300 World Star Aviation Services CFM56-3B2 23972 1988 Now Sale / Lease Garreth Slevin gslevin@worldstaraviation +1 415-956-9426<br />

B737-300 World Star Aviation Services CFM56-3B2 25162 1992 Now Sale / Lease Tommy y Guttman tguttman@worldstaraviation.com g @<br />

+972-5-4422-0000<br />

B737-300 World Star Aviation Services CFM56-3C1 28873 1998 Spring `12 Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

B737-300 World Star Aviation Services CFM56-3C1 28573 1998 Jan 2012 Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

B737-300 ORIX Aviation CFM56-3B1 23598 1986 Now Lease Matthew White Matthew.White@orix.ie +353 86 300 4189<br />

B737-300SF Safair Operations CFM56-3B1 23500 1986 Nov 2011 Wet/dry lease Patrick Waldron patick@safair.co.za (27) 78 451 4369<br />

B737-300SF Safair Operations CFM56-3B1 23499 1986 Now Wet/dry lease Patrick Waldron patick@safair.co.za (27) 78 451 4369<br />

B737-300QC AWAS CFM56-3B2 23788 1987 Sep 2012 Sale / Lease Carina Ryan carina.ryan@awas.com (353) 1 635 5063<br />

B737-400Com. Safair Operations CFM56-3C1 27143 1993 Dec 2011 Wet lease Patrick Waldron patick@safair.co.za (27) 78 451 4369<br />

B737-400 AerSale CFM56-3C1 25430 1991 Now Sale / Lease Craig Wright craig.wright@aersale.com +1 (305) 764 3238<br />

B737-400F Airlift Group CFM56-3C1 24709 Oct 2011 Sale / Lease Jim Foody jfoody@airliftgroup.com +1 210 366-8766<br />

B737-500 Apollo Aviation Group CFM56-3C1 25001 1990 Now Sale Erik Castillo erikc@apollo.aero + (305) 579-2340<br />

B737-500 Apollo Aviation Group CFM56-3C1 25008 1990 Now Sale Erik Castillo erikc@apollo.aero + (305) 579-2340<br />

B737-500 World Star Aviation Services CFM56-3C1 26448 1993 Spring `12 Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

B737-500 World Star Aviation Services CFM56-3C1 26450 1993 Spring `12 Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

747-200F ORIX Aviation only airframe 21940 Now Sale Matthew White Matthew.White@orix.ie +353 86 300 4189<br />

747-200F ORIX Aviation only airframe 23071 Now Sale Matthew White Matthew.White@orix.ie +353 86 300 4189<br />

B747-400 AerSale CF6-80C2B1F 24423 1990 Now Sale / Lease Bill Kmiotek bill.kmiotek@aersale.com +1 (786) 347-4408<br />

B747-400 AerSale CF6-80C2B1F 26342 1992 Now Sale / Lease Bill Kmiotek bill.kmiotek@aersale.com +1 (786) 347-4408<br />

B747-438 DVB Bank SE RB211-524G2-T 24974 1990 Apr 2013 Sale Nick Moore nick.moore@dvbbank.com +65 6499 5901<br />

B747-438 DVB Bank SE RB211-524G2-T 24779 1990 Sep 2012 Sale Jon Skirrow jon jon.skirrow@dvbbank.com skirrow@dvbbank com +44 207 256 4430<br />

B747-438 DVB Bank SE RB211-524G2-T 24806 1990 Oct 2012 Sale Jon Skirrow jon.skirrow@dvbbank.com +44 207 256 4430<br />

B747-400ERF Amentum Capital CF6-80C2-B5F 37303 2009 Now Sale Noel Healy marketing@amentum-capital.com +353 1 639 8111<br />

B747-400F DVB Bank SE RB211-525 30401 2002 Jan 2013 Sale / Lease Paul Nolan paul.nolan@dvbbank.com +44 207 256 4317<br />

B747-400F DVB Bank SE RB211-525 29732 1999 Jul 2012 Sale / Lease Paul Nolan paul.nolan@dvbbank.com +44 207 256 4317<br />

B757-200 AeroTurbine RB211-535E4 24233 1989 Now Sale Jeff Lund jlund@aeroturbine.com +1 214-543-6620<br />

B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Jan 2012 Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

B757-200F Aerolease Aviation, LLC RB211-535E4 22210 1985 Now Sale / Lease Tim Corley tcorley@aerolease.com +1 360-825-4699<br />

<strong>Engine</strong>s available for lease:<br />

CFM56-7B26/3<br />

CFM56-7B26<br />

CFM56-5A3<br />

CFM56-5C3<br />

V2530-A5<br />

V2533-A5<br />

Call Joe Hussar at 1 617 828 3569<br />

AE3007-A1<br />

CF34-8C5B1<br />

January 9, 2012


Commercial Jet <strong>Aircraft</strong> (cont.)<br />

<strong>The</strong> <strong>AviTrader</strong> <strong>Aircraft</strong> <strong>and</strong> <strong>Engine</strong> <strong>Marketplace</strong> Page 2 of 4<br />

<strong>Aircraft</strong> Type Company <strong>Engine</strong> MSN Year Available Sale / Lease Contact Email Phone<br />

B757-222 Aerolease Aviation, LLC PW2037 26705 1993 Oct 2011 Sale / Lease Tim Corley tcorley@aerolease.com +1 360-825-4699<br />

B767-200ER Jet Midwest Inc. PW4056 24007 1988 Now Sale / Lease Paul Kraus / Cathy Liu p.jetlease@verizon.net +1 310 652 0296<br />

DC8-71F AerSale CFM56-2C1 45900 1967 Now Sale Bill Kmiotek bill.kmiotek@aersale.com +1 (786) 347 4408<br />

DC8-71F AerSale CFM56-2C1 45902 1967 Now Sale Bill Kmiotek bill.kmiotek@aersale.com +1 (786) 347 4408<br />

DC8-71F AerSale CFM56-2C1 45915 1967 Now Sale Bill Kmiotek bill.kmiotek@aersale.com @ +1 ( (786) ) 347 4408<br />

DC8-71F AerSale CFM56-2C1 45952 1968 Now Sale Bill Kmiotek bill.kmiotek@aersale.com +1 (786) 347 4408<br />

DC8-71F AerSale CFM56-2C1 46018 1968 Now Sale Bill Kmiotek bill.kmiotek@aersale.com +1 (786) 347 4408<br />

DC8-71F AerSale CFM56-2C1 46029 1968 Now Sale Bill Kmiotek bill.kmiotek@aersale.com +1 (786) 347 4408<br />

DC8-73F AerSale CFM56-2C1 46052 1969 Now Sale Craig Wright craig.wright@aersale.com +1 (305) 764 3238<br />

DC8-73F AerSale CFM56-2C1 46090 1969 Now Sale Craig Wright craig.wright@aersale.com +1 (305) 764 3238<br />

DC8-73F AerSale CFM56-2C1 46094 1969 Now Sale Craig Wright craig.wright@aersale.com +1 (305) 764 3238<br />

DC10-30F Bristol Associates CF6-50C2 47925 1974 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000<br />

DC10-30F Bristol Associates CF6-50C2 47929 1975 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000<br />

MD82 GA Telesis, LLC JT8D-217C 49459 1987 Now Sale Stefan Kageman skageman@gatelesis.com +1 954 676 3111<br />

MD82 GA Telesis, LLC JT8D-217C 49468 1987 Now Sale Stefan Kageman skageman@gatelesis.com +1 954 676 3111<br />

MD82 GA Telesis, LLC JT8D-217C 49460 1987 Now Sale Stefan Kageman skageman@gatelesis.com +1 954 676 3111<br />

MD82 Jet Midwest Inc. JT8D-217C 49168 1983 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD82 Jet Midwest Inc. JT8D-217C 49171 1983 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD82 Jet Midwest Inc. JT8D-217C 49179 1983 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD82 Jet Midwest Inc. JT8D-217C 49286 1985 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD82 Jet Midwest Inc. JT8D-217C 49287 1985 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD82 Jet Midwest Inc. JT8D-217C 49342 1987 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD82 Jet Midwest Inc. JT8D-217C 49987 1990 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD83 World Star Aviation Services JT8D-219 1991 Nov 2011 Sale / Lease Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

MD83 Jet Midwest Inc. JT8D-219 49632 1989 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD83 Jet Midwest Inc. JT8D-219 49663 1987 Now Sale / Lease Paul Kraus paul.kraus@jetmidwest.com +1 310 652 0296<br />

MD83 GA Telesis, LLC JT8D-219 49458 1987 Now Sale Stefan Kageman skageman@gatelesis.com +1 954 676 3111<br />

MD83 Aviation Capital Corp. JT8D-219 53453 1995 Now Sale Doug Kaprielian douglas.kaprielian@aviationcapital.com +1 949 219 4601<br />

MD83 Aviation A i ti Capital C it l Corp. C JT8D-219 JT8D 219 53472 1997 Now N Sale S l Doug D Kaprielian K i li douglas.kaprielian@aviationcapital.com +1 1 949 219 4601<br />

MD83 Aviation Capital Corp. JT8D-219 53473 1997 Now Sale Doug Kaprielian douglas.kaprielian@aviationcapital.com +1 949 219 4601<br />

Regional Jet / Turboprop <strong>Aircraft</strong><br />

Component solutions you can trust with the world’s<br />

most powerful independent rotable inventory<br />

www.gatelesis.com<br />

<strong>Aircraft</strong> Type Company <strong>Engine</strong> MSN Year Available Sale / Lease Contact Email Phone<br />

ATR42-300 Willis Lease PW121 Now Sale / Lease John Molloy jmolloy@willislease.com +44 (0) 20 7389 0122<br />

ATR72-200 Willis Lease PW124B Now Sale / Lease John Molloy jmolloy@willislease.com +44 (0) 20 7389 0122<br />

CRJ200LR GA Telesis CF34-3B1 7295 1999 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1 954.676.3111<br />

CRJ200LR GA Telesis CF34-3B1 7340 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1 954.676.3111<br />

CRJ200LR GA Telesis CF34 CF34-3B1 3B1 7349 Now Sale / Lease Stefan Kageman skageman@gatelesis.com skageman@gatelesis com +1 954.676.3111<br />

954 676 3111<br />

CRJ200LR GA Telesis CF34-3B1 7756 2003 Now Sale / Lease Stefan Kageman skageman@gatelesis.com +1 954.676.3111<br />

Dash 8-Q402 AeroCentury PW150 4021 Now Lease Byron Hurey byron.hurey@aeroCentury.com +1 650 340 1888<br />

ERJ-135ER Bristol Associates 145176 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000<br />

ERJ-135ER Bristol Associates 145186 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000<br />

ERJ-135ER Bristol Associates 145192 1999 Now Sale Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000<br />

ERJ-135LR Bristol Associates 145332 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000<br />

ERJ-135LR Bristol Associates 145334 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates.com +1 202-682-4000<br />

ERJ-135LR Bristol Associates 145323 2000 Now Sale / Lease Ed McNair / Pete Seidlitz bristol@bristolassociates bristol@bristolassociates.com com +1 202-682-4000<br />

Fokker 100 PX AeroCentury Tay 650-15 11303 1990 Now Lease Steve Wallace steve.wallace@aerocentury.com +1 913 940 0214<br />

Fokker 100 PX AeroCentury Tay 650-15 11333 Now Lease Steve Wallace steve.wallace@aerocentury.com +1 913 940 0214<br />

Fokker 100 PX AeroCentury Tay 650-15 11337 Now Lease Steve Wallace steve.wallace@aerocentury.com +1 913 940 0214<br />

Saab 340B PX AeroCentury CT7-9B 214 Now Sale / Lease Steve Wallace steve.wallace@aerocentury.com +1 913 940 0214<br />

For listings of your aircraft or engines please contact Jenny Falk @ +49 8761 346007 - jenny.falk@avitrader.com<br />

January 9, 2012


Supporting the world’s airlines<br />

Commerical <strong>Engine</strong>s<br />

<strong>Engine</strong> Type<br />

Multiple <strong>Engine</strong>s GE / CFM / RB211<br />

AE3007 <strong>Engine</strong>s<br />

<strong>The</strong> <strong>AviTrader</strong> <strong>Aircraft</strong> <strong>and</strong> <strong>Engine</strong> <strong>Marketplace</strong> Page 3 of 4<br />

Sale / Lease<br />

Company<br />

Now - Sale / Lease GECAS <strong>Engine</strong> Leasing<br />

Contact Email Phone<br />

Sherry Riley engine.leasing@gecas.com +1(513)782-4272<br />

(1) AE3007A1 Now - Sale / Lease Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078<br />

(1) AE3007A1 Now - Sale / Lease <strong>Engine</strong> Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569<br />

CF34 <strong>Engine</strong>s<br />

CF34-3A1/B1 (multiple available) Now - Sale/Lease/Exch. Magellan Group<br />

Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204<br />

(1) CF34-8E5<br />

(2) CF34-10E5<br />

Now - Lease Lufthansa Technik AERO Alzey Tobias Konrad t.konrad@lhaero.com +49 (0) 6731 497461<br />

(1) CF34-8E5A1 Now - Lease AeroCentury Lee Beaumont leegbeaumont@yahoo.com +1 415 272 0323<br />

(1) CF34-8C5B1 Now - Sale / Lease <strong>Engine</strong> Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569<br />

(various) CF34-3B1 Now - Sale / Lease GA Telesis Thomas Garbaccio tgarbaccio@gatelesis.com +1 954-676-3111<br />

(various) CF34-3A1 Now - Sale / Lease<br />

CF34 CF34-8E(s) 8E(s)<br />

Now - Sale / Lease GECAS <strong>Engine</strong> Leasing<br />

Sherr Sherry Riley Rile engine engine.leasing@gecas.com leasing@gecas com +1 (513) 782 782-4272 4272<br />

CF6 <strong>Engine</strong>s<br />

(3) CF6-80C2A5 Now - Sale / Lease GA Telesis<br />

Thomas Garbaccio tgarbaccio@gatelesis.com +1 954-676-3111<br />

(2) CF6-80C2A2 Now - Sale / Lease<br />

(1) CF6-80C2B1F<br />

(1) CF6-80C2A5<br />

Now - Sale / Lease Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340<br />

(1) CF6-50C2 Now - Sale / Lease CTS <strong>Engine</strong>s<br />

Konrad J Walter kwalter@ctsengines.com +1 954 889 0600<br />

(1) CF6-80C2B4<br />

Now - Sale / Lease<br />

Michel Nanninga mnanninga@cts.aero +1 954 889 0600<br />

(1) CF6-80C2B6<br />

Now - Sale / Lease<br />

(1) CF6-80C2B1F CF6 80C2B1F Now - Lease AeroTurbine<br />

Jeff Lund jlund@aeroturbine.com +1 214-543-6620<br />

214 543 6620<br />

(1) CF6-80C2B1 Now - Lease Jeff Lund jlund@aeroturbine.com +1 214-543-6620<br />

(1) CF6-50C2 Now - Lease Flight Director<br />

Sean "Leo" Nadeau snadeau@flightdirector.com +1 (512) 834 2000<br />

(6) CF6-50 C/E Now-Sale/Lease <strong>Aircraft</strong> Systems Group Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 (727) 376-9292<br />

(1) CF6-80C2B4 Now - Sale / Lease <strong>Engine</strong> Lease Finance Joe Hussar joseph.hussar@elfc.com +1 (617)828-3569<br />

(2) CF6-80C2B6F Now - Sale / Lease AerSale. Inc. Tom McFarl<strong>and</strong> tom.mcfarl<strong>and</strong>@aersale.com +1 305 764 3208<br />

(2) CF6-80C2B1F Now - Sale/Lease/Exch.<br />

CFM56 <strong>Engine</strong>s<br />

Corporation<br />

(1) CFM56-7B26/3 Now - Lease <strong>Engine</strong> Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569<br />

(1) ( ) CFM56-7B26 Now - Lease<br />

(2) CFM56-3C1 Now - Lease<br />

www.ses.ie<br />

GECAS<br />

<strong>Engine</strong> Leasing<br />

e<strong>Marketplace</strong><br />

Best Aviation Parts Search<br />

(1) CFM56-5C4 Now - Lease<br />

(6) CFM56-3B2 Now - Sale World Star Aviation Services Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

(1) CFM56-3C1 Now - Sale / Lease ORIX Aviation Matthew White Matthew.White@orix.ie +353 86 300 4189<br />

(2) CFM56-5C3 Now - Sale/Lease/Exch. Magellan Group<br />

Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204<br />

(2) CFM56-3C1 Now - Sale Airlift Group<br />

Jim Foody jfoody@airliftgroup.com +1 210 366-8766<br />

(2) CFM56-2C1 Now - Sale AerSale. Inc. Mark Napoles mark.napoles@aersale.com +1 305 764 3209<br />

(1) CFM56-5A3 Now - Sale / Lease<br />

CFM56-3(s)<br />

Now - Sale/Lease/Exch. SES<br />

Ivan Graydon marketing@ses.ie + 353 61 70 6463<br />

CFM56-5A(s)<br />

Now - Sale/Lease/Exch<br />

Sale/Lease/Exch.<br />

CFM56-5B(s)<br />

Now - Sale/Lease/Exch.<br />

CFM56-7B(s)<br />

Now - Sale/Lease/Exch.<br />

(2) CFM56-5A3 Now - Lease Willis Lease<br />

Ann Lee alee@willislease.com +1 (415) 408 4769<br />

(2) CFM56-3C1 Now - Lease<br />

(1) CFM56-5B4/3<br />

Now - Lease<br />

(1) CFM56-5B4/P Now - Lease<br />

(1) CFM56-7B24 (Non-TI)<br />

Now - Lease<br />

(1) CFM56-7B24/3<br />

Now - Lease<br />

(2) CFM56-3C1 Now - Sale / Exchange AeroTurbine Todd Power tpower@aeroturbine.com +1 214-240-1145<br />

(3) CFM56-3B1 Now - Lease<br />

Jeff Lund jlund@aeroturbine.com +1 214-543-6620<br />

(2) CFM56-5A3 Now - Lease Jeff Lund jlund@aeroturbine jlund@aeroturbine.com com +1 214-543-6620<br />

(1) CFM56-3B2 Now - Lease<br />

Jeff Lund jlund@aeroturbine.com +1 214-543-6620<br />

(3) CFM56-3B2 Now - Sale / Exchange Todd Power tpower@aeroturbine.com +1 214-240-1145<br />

(2) CFM56-3C1 Now - Lease<br />

Jeff Lund jlund@aeroturbine.com +1 214-543-6620<br />

(1) CFM56-3B1 Now - Sale / Lease GA Telesis<br />

Thomas Garbaccio tgarbaccio@gatelesis.com +1 954-676-3111<br />

(1) CFM56-5B4/P Now - Sale / Lease<br />

(2) CFM56-3C1 Now - Sale / Lease<br />

(2) CFM56-5A1F Now - Sale / Lease<br />

(1) CFM56-5A1 Now - Sale / Lease<br />

January 9, 2012


Commerical <strong>Engine</strong>s (cont.)<br />

<strong>The</strong> <strong>AviTrader</strong> <strong>Aircraft</strong> <strong>and</strong> <strong>Engine</strong> <strong>Marketplace</strong> Page 4 of 4<br />

<strong>Engine</strong> Type Sale / Lease<br />

Company<br />

Contact Email Phone<br />

(4) CFM56-3C1<br />

Now - Sale/Lease/Exch. Magellan Group<br />

Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204<br />

(2) CFM56 – 5C3 Now - Sale/Lease/Exch.<br />

(1) CFM56-3B2 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst lee.whitehurst@tes-uk.com + 44 (0) 7760884250<br />

(2) CFM56-5A Now - Sale<br />

GECAS <strong>Engine</strong> Leasing<br />

Sherry Riley engine.leasing@gecas.com +1(513)782-4272<br />

(1) CFM56-5A3<br />

Jan 2013 - Lease Royal Aero<br />

sales@royalaero.com @ y<br />

+49 (0)8025 99360<br />

(1) CFM56-5C4 Feb 2012 - Lease<br />

JT8D <strong>Engine</strong>s<br />

(1) JT8D-17A Now - Sale / Lease ORIX Aviation Matthew White Matthew.White@orix.ie +353 86 300 4189<br />

(1) JT9D-7R4G2<br />

Now - Sale / Lease<br />

(1) JT8D-219 Now - Sale / Lease World Star Aviation Services Tommy Guttman tguttman@worldstaraviation.com +972-5-4422-0000<br />

(3) JT8D-17 Now - Sale / Lease <strong>Aircraft</strong> Systems Group Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 (727) 376-9292<br />

(1) JT8D-219<br />

Now - Sale / Lease Flight Director<br />

Sean "Leo" Nadeau snadeau@flightdirector.com +1 (512) 834 2000<br />

JT9D <strong>Engine</strong>s<br />

(2) JT9D-7R4 D/E Now - Sale / Lease <strong>Aircraft</strong> Systems Group Bob Gallagher r.gallagher@aircraftsystemsgroup.com +1 (727) 376-9292<br />

(1) JT9D-7R4D freshly overhauled<br />

Now - Sale / Lease Jet Midwest Paul Kraus / Cathy Liu p.jetlease@verizon.net +1 310 652 0296<br />

PW Small <strong>Engine</strong>s<br />

PW100's (all models)<br />

Now - Sale/Lease/Exch. Magellan Group<br />

Bill Polyi bill.polyi@magellangroup.net +1 (704) 504-9204<br />

PW100s (all models) Now - Sale / Lease Lufthansa Technik AERO Alzey Tobias Konrad t.konrad@lhaero.com +49 (0) 6731 497461<br />

(5) PW150A (also Pooling available) Now - Lease<br />

(1) PW118B<br />

Now - Sale/Lease/Exch. Willis Lease<br />

Marty Jones marty@whirlwindleasing.com +1 (561) 809-0454<br />

(2) PW121 Now - Sale/Lease/Exch.<br />

(2) PW124B Now - Sale/Lease/Exch.<br />

(2) PW125B Now - Sale/Lease/Exch.<br />

(2) PW150A Now - Sale/Lease/Exch.<br />

(1) PW121 May 2012 - Lease Royal Aero<br />

sales@royalaero.com +49 (0)8025 99360<br />

(1) PW150 (TT=0) Now - Sale/Lease/Exch<br />

Sale/Lease/Exch. Magellan Group<br />

Bill Polyi bill bill.polyi@magellangroup.net polyi@magellangroup net +1 (704) 504 504-9204 9204<br />

PW4000 <strong>Engine</strong>s<br />

(1) PW4158 Jan 2012 - Lease Royal Aero<br />

sales@royalaero.com +49 (0)8025 99360<br />

(1) PW4056-1C Now - Sale / Lease Jet Midwest Paul Kraus / Cathy Liu p.jetlease@verizon.net +1 310 652 0296<br />

(1) PW4056-3 Now - Sale / Lease AerSale. Inc. Tom McFarl<strong>and</strong> tom.mcfarl<strong>and</strong>@aersale.com +1 305 764 3208<br />

(1) PW4077 Now - Sale / Lease Apollo Aviation Group Erik Castillo erikc@apollo.aero +1 (305) 579-2340<br />

(1) PW4168A Now - Lease<br />

Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769<br />

RB211 <strong>Engine</strong>s<br />

(1) RB211-535E4 Now - Sale/Lease Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078<br />

Trent <strong>Engine</strong>s<br />

(1) Trent 556A-62-61 Apr 15 - Lease Royal Aero<br />

sales@royalaero.com +49 (0)8025 99360<br />

V2500 <strong>Engine</strong>s<br />

(1) V2527-A5 Now - Lease Willis Lease Ann Lee alee@willislease.com +1 (415) 408 4769<br />

(1) V2533-A5 Now - Lease<br />

(1) V2500-A1 Now - Lease<br />

(1) V2500-A1 Now - Sale / Exchange AeroTurbine<br />

Todd Power tpower@aeroturbine.com +1 214-240-1145<br />

(1) V2500-A1 Now - Lease<br />

ORIX Aviation<br />

Matthew White Matthew.White@orix.ie +353 86 300 4189<br />

(1) V2500-A5 Now - Sale / Lease <strong>Engine</strong> Lease Finance Joe Hussar joseph.hussar@elfc.com +1 617 828-3569<br />

(1) V2527-5A w/ QEC Now - Sale / Lease<br />

(1) V2530 bare Now - Sale / Lease<br />

(1) V2533-A5 w/QEC Now - Lease Rolls-Royce & Partners Finance Bobby Janagan bobby.janagan@rolls-royce.com +44 20 7227 9078<br />

(1) V2527-A5 w/QEC Now - Lease<br />

(2) V2500-A1 Now - Sale / Lease<br />

<strong>Aircraft</strong> <strong>and</strong> <strong>Engine</strong> Parts, Components <strong>and</strong> Misc. Equipment<br />

Description Company<br />

Contact Email Phone<br />

CFM56-3 / -7 <strong>Engine</strong> St<strong>and</strong>s<br />

Now - Lease Flight Director Sean "Leo" Nadeau snadeau@flightdirector.com +1 (512) 834 2000<br />

(1) PW901A Now - Lease LHT AERO Alzey Tobias Konrad t.konrad@lhaero.com +49 (0) 6731 497461<br />

PW120/124/127 <strong>Engine</strong> overhaul tools Now - Sale Finnair <strong>Engine</strong> Services Kari Mustonen kari.mustonen@finnair.com +358 9 818 5177<br />

Erkki Torkkeli erkki.torkkeli@finnair.com +358 9 818 6710<br />

(1) RE220RJ, (1) GTCP331-200ER, Now - Sale/Lease/Exch. Aeroturbine Aaron Putman +1 972-813-1176<br />

(1) APS3200 APS3200, (1) GTCP36-300A GTCP36-300A, (1) GTCP 131-9B 131-9B, (1) GTCP 131-9A<br />

(1) GTCP 131-9B, (1) GTCP 131-9A<br />

APUs available for immediate sale / lease / exchange<br />

GTCP331-250H (A300-600/A310), GTCP660-4 (747), TSCP700-4B (DC10)<br />

GA Telesis<br />

Eva Rowlee erowlee@gatelesis.com +1 480-782-5700<br />

APU T62-T-46C12 (Dash 8 Q400) SVC – available now - sale/exchange<br />

Magellan Group<br />

Ben Murphy or sales@magellangroup.net +353 61-474800 x429<br />

APU GTCP36-150RJ (CRJ 100/200) SVC- available now – sale/lease/exch. Shannon, Irel<strong>and</strong><br />

John McDonnell<br />

A310-300 l<strong>and</strong>ing gear ship set, serviceable GA Telesis<br />

Ralph Rivera rrivera@gatelesis.com +1 954.676.3111<br />

CFM56-5B, CFM56-7B <strong>and</strong> V2500 engine st<strong>and</strong>s, available now for sale / lease Tradewinds <strong>Engine</strong> Serv. Brad Pleimann bpleimann@tesllc.aero +1 954-242-5924<br />

CFM56-5B QEC kit qty 1 p/n 642K9001-211, A320, A321, available now Tradewinds <strong>Engine</strong> Serv. Brad Pleimann bpleimann@tesllc.aero +1 954-242-5924<br />

CFM56-5B QEC kit qty 2 p/n 642K9001-211, A320, A321, available in 2 months Tradewinds <strong>Engine</strong> Serv. Brad Pleimann bpleimann@tesllc.aero +1 954-242-5924<br />

Currently Parting out ex UNITED 747-400<br />

Mike Bianco +1.480.481.6511<br />

mikebianco@avairparts.com<br />

January 9, 2012

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!