new lenders bringing ‘diversity’ to aircraft financing · 12/16/2013 · of significantly...

capital markets and ECAs.

Jon Sharp, president and CEO of ELFC, a major global engine lessor that is wholly-owned by Japan’s Bank of Tokyo Mitsubishi, said “I am only concerned that a bubble

commercial debt for aircraft fi-nancing next year – compared with 35% in 2010, according to The Financial Times.

Phil Seymour, president and COO of the UK’s IBA Group consul-

tancy, commented that as “some sources of fi-nance have dried up, others have evolved”.

“European banks in gen-eral have had to focus on the Euro issues and Basel III capital requirements which have decreased liquidity.” Even so, some European institutions,

such as Germany’s DVB and Nord-LB, have “stuck with it”, he noted, while the UK’s Investec is increas-ing its presence in both lending di-rectly to airlines or providing oper-ating leasing structures. Regional banks, like Russia’s Sberbank, are “also stepping up to support local airlines and lessors.”

Kostya Zolotusky, managing di-rector of capital markets develop-ment and leasing at Boeing Capi-

Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com

WORLD NEWS

New lenders bringing ‘diversity’ to aircraft financingIndustry experts add note of caution as US groups oppose Ex-Im deals

Boeing’s claims that aircraft fi-nancing markets would be ‘bal-anced” and increasingly diverse in 2014 and beyond were welcomed with a degree of caution by lead-ing industry executives, one of whom warned of the risk of a rapidly building ‘bubble’.

In its seventh annual aircraft finance market forecast, re-leased last week, Boeing projected that rapid diversi-fication in the sector would ensure sufficient funding to finance what it said would be another record global jetliner production year in 2014. The airframer forecasts new aircraft deliveries worth a total of $112bn, with 95% of the total to be split between Airbus and Boeing.

The report said that capital mar-kets would expand as a source of funding for global airlines, with their share rising from 14% to 22%, as the use of export credit agencies (ECAs) declines. For the first time, there will be an almost even balance among primary air-craft financing sources, including aircraft lessors, commercial banks,

Airlines like Indonesia’s

Lion Air, which has over 500

narrowbody planes on

order from Boeing and

Airbus (left), are able to

seek financing from an

increasingly diverse array

of lenders

Boeing

WEEKLY AVIATION HEADLINES

Continued on page 7

EADS slashes 5,800 jobs

ISSN 1718-7966 DECEMBER 16, 2013 / VOL. 419

EADS, parent company of Airbus, confirmed it would cut 5,800 jobs from its military and space divi-sions over the next three years in response to dwindling European military budgets. The reductions, presented to union leaders last week, represent around 5% of its global workforce of 133,000 people and are part of a broad re-structuring plan that will refocus group activities around its com-mercial aircraft business, which generates nearly 70% of total revenues and more than half of all profits. The entire group will be rebranded as Airbus in 2014.

Etihad mulling Alitalia bidAbu Dhabi’s Etihad is consider-ing making a bid for Italy’s belea-guered flag carrier Alitalia and will decide within the next two weeks whether it will take a stake of up to 49%, according to well-placed industry sources. Etihad already holds stakes in Virgin Australia, Air Berlin, Aer Lingus and Jet Airways, among others. Alitalia has upped its search for an investor after Air France-KLM, its largest shareholder, refused to take part in last month’s €300m capital increase. Alitalia has net debts of some €800m and is said to be losing €700,000 a day.

“I am only concerned that a bubble is building very rapidly... ...in the race to arrive at critical mass some serious mistakes will be made in terms of prices being paid for equipment associated with over-aggressive lease rates.”Jon Sharp, president and CEO, ELFC

Busy week for AmericanLast week was a busy one for American Airlines and US Airways, which confirmed the completion of their merger process and went on to announce firm orders for 60 Embraer E175 regional jets and 30 Bombardier CRJ900s, worth $2.5bn and $1.42bn respectively at list prices, US Airways will also leave the Star Alliance network to join oneworld, of which American is a founding member.

is building very rapidly which will in time be pricked.”

“There has recently been the en-try of many Far East-based finan-ciers into the aircraft leasing and financing arena, and in the race to arrive at critical mass some serious mistakes will be made in terms of prices being paid for equipment associated with over-aggressive lease rates.”

Chinese and Japanese banks are expected to provide 43% of all

http://www.relianceaircraft.com

When it first entered service, the A340 opened true long-haul operations, expanding the Airbus wide-body family. The A330 and A340 have since become the best-selling wide-body family of all time.In an ever-changing world some flag carriers like to keep their fleet age very low, it’s natural that a proportion of their aircraft will move to the used aircraft market, the A340 is no exception.The A340 Family of three variants, the A340-300, -500 and -600, is now available at very competitive lease rates which makes them economically affordable prospects for carriers looking at long-haul opportunities, especially as they await delivery of new-generation aircraft, such as the A350 XWB.

A340 appeal The A340 appeal is based on its availability, commonality with other Airbus types, its performance as well as its excellent payload accommodation.Now that older B747-400s are well into their retirement phase, the availability of significantly younger A340-600s equipped with modern avionics, make them the smart interim upgrade.The four-engined A340 is not subject to “Extended-range Twin-engine Operations” (ETOPS). Operators can fly the most direct routes and operate efficiently from ‘hot and high’ airports, potentially off-limits to other aircraft. Furthermore, the A340 fits seamlessly alongside other Airbus aircraft, especially the twin-engined A330, with which it shares the same modern technology, such as the cockpit, fly-by-wire architecture and systems. The A340 cabin can comfortably accommodate from 280 to 440 passengers depending on the model. Most A340s available in the market today are fitted with full Audio-Video-On-Demand (AVOD) IFE system in all classes, which is today’s standard. Moreover, when it comes to making the most of cargo revenue opportunities, the A340 can carry as much cargo as direct competitors if not more, with 18 to 25 tonnes of revenue earning cargo capacity.

The bottom lineSo, has the A340 performed as intended by its designers? The answer is definitely ‘yes’ because today’s A340 is a mature product delivering high reliability.With its very competitive ownership costs, its passenger and cargo revenues, its availability and its comfortable cabin, the A340 can be considered an efficient long-haul solution in today’s market.

A340Providingefficientlift for thelong-haul

Could the A340 be a solution for airlines looking to make headway in an expanding market?

The A340 can be considered an efficient long-haul solution in today’s market.

More information on www.airbus.com

http://www.airbus.com

Eurocopter delivers two EC225s to Waypoint Leasing

Eurocopter delivered two EC225s to Waypoint Leasing, a leading global helicopter leasing company. Way-point has signed an agreement to provide the aircraft to Avincis Group’s subsidiary, Bond Helicopters Australia, to use for off-shore crew change missions. Earlier this year, Eurocopter and Waypoint Leasing established a comprehensive commercial and marketing partnership for helicopter leasing, which includes the full capabili-ties of Eurocopter’s comprehensive Parts-by-the-Hour (PBH) support services.

Italian Police takes delivery of fifth AW139 Helicopter

The Italian Police took delivery of a fifth AW139 intermediate twin en-gine helicopter which will be based in Reggio Calabria. The contract, which was signed in July last year, includes a total of eight AW139 heli-copters. Designated UH-139C, the Italian Po-lice’s helicopters operate from bases in South-ern Italy (Bari, Palermo and Reggio Calabria) as well as from Pratica di Mare close to Rome. The Italian Police AW139 configuration includes a high definition latest generation FLIR, satellite communication system, searchlight, rescue hoist and a cabin mission console.

3AviTrader WEEKLY AVIATION HEADLINES

AIRCRAFT & ENGINE NEWS

Air Canada announced its mainline narrowbody fleet renewal plan that includes com-mitments, options and rights to purchase up to 109 Boeing 737 MAX aircraft. The new aircraft will replace Air Canada’s existing mainline fleet of Airbus narrowbody aircraft, creating one of the world’s youngest, most fuel efficient and simplified air-line fleets. The agreement with Boeing, which is subject to completion of final docu-mentation and other conditions, includes firm orders for 33 737 MAX 8 and 28 737 MAX 9 aircraft with substitution rights between them as well as for the 737 MAX 7 aircraft. It also provides for options for 18 aircraft and rights to purchase an ad-

ditional 30. Deliveries are scheduled to begin in 2017 with 2 aircraft, 16 aircraft in 2018, 18 air-craft in 2019, 16 aircraft in 2020 and 9 aircraft in 2021, subject to deferral and acceleration rights. Air Canada continues to evaluate the potential replacement of its Embraer E190 fleet with more cost efficient, larger narrowbody aircraft that are better suited to its current and future network strategy. Consistent with this strategy, the agree-ment with Boeing provides for Boeing to pur-chase up to 20 of the 45 Embraer E190 aircraft currently in Air Canada’s fleet. The E190 aircraft

exiting the fleet will be initially replaced with larger narrowbody leased aircraft until the airline takes delivery of the Boeing 737 MAX aircraft. The company will be re-viewing various options over the next six months for the remaining 25 Embraer E190 aircraft including continuing to operate them or replacing them with a yet to be determined number of aircraft in the 100 to 150 seat range.

American Airlines signs large Re-gional Jet purchase agreements with Embraer and Bombardier

American Airlines signed agreements with Bombardier and Embraer to purchase 90 new 76-seat regional jets. Consistent with Ameri-can’s Plan of Reorganization and Merger Agreement, these aircraft will provide much improved economics for the airline as they will replace smaller, less efficient 50-seat regional aircraft scheduled for retirement. American has firm orders for 30 Bombardier CRJ900 NextGen aircraft, with options for up to 40 more. The CRJ900s will have 12 First Class, 32 Main Cabin Extra and 32 Main Cab-in seats, and the firm order of CRJ900 aircraft will be operated on behalf of American by PSA Airlines, Inc., a wholly owned subsidiary of US Airways. American expects to begin taking delivery of the CRJ900s in the second quarter of 2014. American also has firm or-ders for 60 Embraer E175 type aircraft with options for up to 90 more. They will feature 12 First Class, 20 Main Cabin Extra and 44 Main Cabin seats, and American expects to begin taking delivery in the first quarter of 2015. The company will determine which re-gional carrier will fly the E175s at a later date. Both the CRJ900 and the E175 will fly in the American Eagle livery.

ILFC and Air Caraïbes reach agree-ment to lease three A350-900 aircraft

International Lease Finance Corporation (ILFC) has reached an agreement with French Caribbean carrier Air Caraïbes Atlantique Airlines to lease three new Airbus A350XWB-900s. The aircraft have an anticipated deliv-ery timeline between 2016 and 2018, and will be operated on the airline’s long-haul route network. The A350XWB-900 aircraft

December 16, 2013 / Vol. 419

Air Canada selects Boeing 737 MAX to renew mainline narrowbody fleet

are powered by two new generation Rolls Royce Trent XWB engines, and are designed to provide valuable flexibility and efficient performance for long-haul operations. ILFC currently has two A330 aircraft on lease with Air Caraïbes.

AWAS agrees to lease two additional new A320s to ANA Holdings

AWAS agreed with ANA Holdings (ANAHD) to the lease of an additional two new A320 aircraft from its order pipeline. ANAHD will use these additional aircraft to support the continued expansion of Vanilla Air, their low

cost regional subsidiary which will be based in Narita and commence service with the fol-lowing launch destinations: Naha (Okinawa), Sapporo, Seoul and Taipei. The first flight of Vanilla Air is planned for late December 2013 and AWAS’ supplied A320s will be integral to the airline’s commencement of operations.

Kuwait Airways to buy 10 A350-900 and fifteen A320neo Family aircraft

Kuwait Airways, the National airline of Ku-wait, signed a Memorandum of Understand-ing (MoU) to buy 10 A350-900 and fifteen A320neo Family aircraft. The order is part of

HELICOPTERS

An EC225 helicopter Patrick Penna / Eurocopter

Air Canada will renew its narrowbody fleet with Boeing 737 Max planes AirTeamImages

KEEPING YOU IN THE AIR

www.elfc.com

Engine LeasingAsset Management

All Manufacturer Types Long, Medium & Short Term

Leases • Operating Leases • Asset Management • Sales & Leasebacks

All Manufacturer Types • Operating Leases Asset Management • Sales & Leasebacks

All Manufacturer Types • Long, Medium & Short Term Leases • Operating Leases • Asset Management • Engine

Trading • All Manufacturer Types • Sales & Leasebacks • Asset nagement • Long, Medium & Short Term Leases • Operating Leases • Asset Management • All Manufacturer Types • Sales & Leasebacks

Operating Leases • Engine Trading • Long, Medium & Short Term Leases • All Manufacturer Types • Operating Leases • Asset Management Leases • Long, Medium & Short Term Leases • Operating Leases

Manufacturer Types • Sales & Leasebacks • Engine TradingLong, Medium & Short Term Leases • Operating Leases • Sales

& Leasebacks • Engine Trading • Asset Management • Long Medium & Short Term Leases • Engine Trading • Operating

Leases • All Manufacturer Types • Asset Managementum & Short Term Leases • Asset Management • Sales Leasebacks • All Manufacturer Types • Long, Medium and Short Term Leases • Operating Leases • Asset

Management • Sales & Leasebacks • All Manufacturer Management • Long, Medium & Short Term Leases

er Types • Operating Leases • Asset Management• Sales & Leasebacks • All Manufacturer Types

• Long, Medium & Short Term Leases • Operating Leases • Asset Management • Sales Leasebacks ating Leases • All Manufacturer Types • Long

Medium Short Term Leases • Operating Leases Asset Management • Engine

Engine Trading • All Manufacturer Types Leasebacks • Engine Trading • Asset

Management • Medium & Short Term Leases • Operating Leases • Asset

Management • All Manufacturer TypesSales & Leasebacks • Operating Leases • Engine Trading • Long

Medium & Short Term Leaseseases • All Manufacturer Types

ent • Asset ManagementMedium & Short Term Leases • Operating

Leases •Sales & Leasebacks• Engine Trading • Long, Medium & Short

Term Leases • Operating LeasesSales & Leasebacks • Engine

Trading • Asset Management • Operating Leases • Long, Medium & Short Term Leases

Asset ManagementAll Manufacturer Types

Medium & Short Term LeasesManagement

Term LeasesTerm

http://www.elfc.com

Direct Maintenance starts providing B787 line maintenance support

Direct Maintenance, an independent wide body dedicated line maintenance provider from The Netherlands, has started providing line maintenance support to the B787. The Dreamliner is the most sophisticated Boeing aircraft ever produced and the first commer-cial wide body jet with its primary structure made predominantly out of composite mate-rials. The first support event took place dur-ing the inaugural B787 flight of long standing customer Thomson Airways operating into Mombasa, Kenya (MBA) on December 3rd, 2013. By default Direct Maintenance has now become the first line maintenance provider to support the B787 in Kenya.


Exelis selected to supply composite components for Boeing 787

Exelis was selected by Boeing to produce composite airframe substructures for the 787 Dreamliner. Work will begin immediately at the Exelis composite design and manufactur-ing center in Salt Lake City, Utah. Exelis is a long-standing trusted supplier to Boeing pro-viding composite storage tanks for the 737, 747, 767 and 777 models.

Airline Services Components signs APU consignment contract with ATC Aerospace

ATC Aerospace and Airline Services Com-ponents (ASC) announced a partnership de-signed to meet and support customers’ APU lease requirements. ATC Aerospace will con-sign a variety of Auxiliary Power Units to the UK parts specialist. This agreement will allow both parties to widen their customer base and develop closer ties for future collaboration. ASC will take a variety of Hamilton Sundstrand and Pratt & Whitney APU’s on consignment at their main warehouse at London-Gatwick, to cover the A320, B747, B737, Bombardier Dash 8 and Embraer aircraft platforms. ASC will also look to extend ATC Aerospace’s ac-cessible market and distribute throughout ASC’s extensive customer base.

PPG Aerospace expands operations in Japan

PPG Industries has expanded its aerospace business operations in Japan with the relo-cation of its application support center to a site in Miyoshi that supports increased pro-duction capacity, adds warehouse space and affords new service capabilities. The new site in Miyoshi Kurozasa Industrial Park includes a 1,994 m² manufacturing facility and office as

MRO & PRODUCTION

well as an 890 m² stand-alone on-site ware-house. The larger site, near Nagoya, enables PPG Aerospace to expand its capabilities in the region as Japan’s role as a major aero-space center continues to grow, according to Paul Bowman, PPG Aerospace general manager for Asia Pacific. PPG established operations at its former application support center in Handa City in 2005 after serving the Japanese aerospace market from a facility in Tokyo for sealants and coatings distribution.

AAR signs five-year commercial sup-ply chain contract

AAR has signed a five-year contract to be-come the sole supplier of approximately 25,000 consumable and expendable line-item parts for a major commercial airline customer. The contract is valued at approxi-mately $42m in annual revenue. AAR will act as an aggregator, procuring and manag-ing the parts and providing them to the cus-tomer’s main warehouse facility as required. In doing so, AAR will take the place of more than 150 suppliers. AAR will provide addi-tional value through guaranteed fill rates

that will be achieved by streamlining sup-ply chain processes that include material planning, inventory control and receiving inspections.

Nexcelle delivers first major nacelle component for GE Aviation’s Pass-port Business Jet engine

The Nexcelle joint venture of Aircelle (Sa-fran) and GE Aviation’s Middle River Aircraft Systems – which is building engine nacelles for the next generation of integrated pro-pulsion systems – has marked a key program milestone by shipping its initial major pro-duction component: the no. 1 inlet for GE Aviation’s Passport business jet engine. This represents a double achievement, as the initial Passport inlet also is the first element to be completed at the new GE Composites factory in Ellisville, Mississippi, which was inaugurated earlier this year as GE Aviation’s latest U.S. production facility. The milestone Nexcelle air inlet was transported from Ellis-ville to GE Aviation’s Peebles Test Operation in Ohio, where it will be integrated with a Passport engine for propulsion system icing

Direct Maintenance

Contact Anne Lee @ +1.415.408.4769

Available Engines for Lease www.willislease.com

CF6-80C2B4F CFM56-7B24(NTI) PW4062 PW127MCFM56-5A3 CFM56-5C4/P PW121 (ATR) CFM56-5B4/3 V2527-A5 PW124B CFM56-7B24/3 PW4060 PW127FAPU GTCP 131-9B QEC for V2500 (New)

http://www.willislease.com

Our Ideas are Focused

Financial SolutionsComponent SolutionsSupply-Chain SolutionsMaintenance Solutions

As one of the only companies capable of a true total solution, GA Telesis has the financial, component, supply-chain and maintenance experience to develop custom designed programs to meet your specific needs.

http://www.gatelesis.com

It’s easy to be green when it’s

in your nature.

testing in Canada. Nexcelle is responsible for designing, developing and producing the nacelle for GE’s Passport engine, with GE Aviation’s Middle River Aircraft Systems responsible for the Passport’s inlet and fan cowl, while Aircelle is producing the target-type thrust reverser.

LOTAMS signs another service con-tract with Air Dolomiti

On December 5th, 2013, LOT Aircraft Main-tenance Services (LOTAMS) has signed an-other contract with Air Dolomiti. The agree-ment provides LOTAMS to perform five “C” checks on Embraer ERJ-195 aircraft in the first quarter of 2014.

Avia Solutions Group becomes exclusive sales partner of Air Livery in Russia, the CIS & the Baltic States

Avia Solutions Group, a WSE listed global provider of one-stop-shop aviation business solutions, recently signed a partnership agreement with Air Livery, a European aircraft repainting, interior repair and refurbishment service provider. Under the agreement, Avia Solutions Group will operate as an exclusive sales representative of Air Livery in Russia, Ukraine, Georgia, the Baltic States as well as the entire CIS region. Based on the new partnership, Avia Solutions Group along with its subsidiaries will promote and sell comprehensive air-craft repainting solutions, including livery design and concept realization, en-gineering support, cabin interior repainting and mo-bile repair as well as AOG recovery and mobile graphic application support. The aforementioned repainting solutions will be available for the owners and operators of a wide range of aircraft types, including business & corporate jets as well as all commercial airline aircraft from regional turbo prop and jets up to B747-800. All services are to be delivered through-out the Air Livery’s extensive network of 18 Painting Facilities located across Europe.


Bombardier enrolls Eurolot’s three newest aircraft in Q400 Smart Parts Program

Eurolot S.A. of Warsaw, Poland has reaf-firmed its confidence in Bombardier’s Smart Parts program by enrolling its three newest Q400 NextGen aircraft. Eurolot, which took delivery of the new aircraft on October 29th, 2013, now has a total of 11 Q400 NextGen aircraft enrolled in the program. The Smart Parts agreement is customized to meet Eu-rolot’s specific operational and performance needs and will continue to provide the airline with competitive and predictable component exchange and repair costs, as well as superior quality and availability of key components,

tal Corp., the company’s financing and leasing unit, reported that he was seeing “more diversity in lenders than ever.”

He said that the leasing market had “evolved during the past decade from five equally competitive lessors to several times that many today”. Capital markets are continuing to expand as a source of funding for both U.S. and international airlines as well as leasing companies. All of this is possible, he said, due to bal-anced global air travel demand and a replacement market driven by higher fuel costs and the attractiveness of new, fuel-efficient airplanes.

But Zolotusky warned that the role of ECAs as a funding source could be under threat, pointing to the example of the US, where members of the conservative Tea Party movement and the Club for Growth anti-tax group, have questioned whether the Ex-Im Bank, the US ECA, should have a role in aircraft financing.

Continued from page 1

Avia Solutions Group will act as exclusive sales representative of Air Livery across much of eastern Europe and in the CIS ASG

for its fleet of 11 Q400 NextGen turboprops. Eurolot is the first Polish airline to fly Q400 airliners. As part of an accelerated fleet re-newal and route expansion strategy, Eurolot ordered eight Q400 NextGen aircraft in March 2012, with options for another 12, six of which were converted into firm orders.

AEI redelivers sixth ASL B737-400SF 11 Pallet conversion

Aeronautical Engineers (AEI) redelivered the sixth B737-400SF 11 Pallet freighter to the ASL Aviation Group. The sixth freighter to deliver is a high gross weight B737-400SF (MSN 25181) built in 1992. The conversion was performed at AEI’s Authorized Conver-

http://www.purepowerengines.com


sion Center, Commercial Jet Inc. in Miami Florida. The aircraft has been ferried to Paris France where it will enter service with Europe Airpost in support of the French Post Office. This is AEI’s 17th of an estimated 23 freighter redeliveries in 2013.

First Sharklet production retrofit completed for Turkish Airlines

Turkish Airlines will become the first European airline to operate A320 Family aircraft with production-retrofitted Sharklet wingtip de-vices. This will follow the installation, which has just been completed, by Turkish Technic MRO of Sharklets onto the first of nine A321s to be retrofitted for Turkish Airlines. All nine aircraft will be upgraded for the airline in Is-

tanbul in the coming weeks. Thanks to this aerodynamic upgrade, every Turkish Airlines’ retrofitted aircraft will benefit from a reduc-tion in fuel costs by up to 4%, an annual 900t reduction in CO2 emissions and an increased mission range by up to 100 nautical miles.

Boeing 777X wind tunnel testing un-der way

Boeing released that low-speed wind tunnel tests have begun for the Boeing 777X, a ma-jor milestone in airplane development. Testing started on Dec. 5 at QinetiQ’s test facility in Farnborough, U.K. Wind tunnel models allow experts to test many different configurations for the airplane. Low-speed tests measure air-plane performance with a variety of high-lift

Norwegian Air Shuttle and Lufthansa Technik extend wheels & brakes services contract

Norwegian Air Shuttle ASA, one of the leading low-cost carriers in Europe, and Lufthansa Technik AG have extended the current wheels & brakes services contract for the airline’s Boeing 737 fleet. The new contract runs over a period of seven years and also covers pooling and home-base lease services for Norwe-gian Air Shuttle’s growing Boeing 737-800 fleet which currently comprises 69 aircraft. To guarantee an optimized supply chain to Norwegian Air Shuttle Lufthansa Technik has developed an extended logistics concept, which now ensures a “door-to-door” connection between the Lufthansa Technik site in Frankfurt and Norwegian Air Shuttle’s main bases in Oslo, Stockholm and Co-penhagen.

Lufthansa Technik to provide Total Component Support for Boeing 787 fleet of Air Canada

Lufthansa Technik AG is once again expanding its involvement in the provision of tech-nical support for the Boeing 787, after signing an agreement with Air Canada. Cana-da’s largest airline has signed a 12-year Total Component Support TCS contract with Lufthansa Technik, starting with the delivery of the first aircraft from Boeing to Air Can-ada in the first quarter of 2014. So far, Air Canada has confirmed 37 Boeing 787 orders with another 23 options. Lufthansa Technik will invest significantly over the contractual period to guarantee an optimal service to Air Canada, including the appointment of an on-site program manager at Air Canada’s head office in Montreal and expansion of its component pool in Miami, Florida.

surface settings to simulate takeoff and land-ing conditions. The low-speed model current-ly being tested is a 0.05% scale model of the baseline 777X, measuring about 4.22m (166 inches) long with a wing span of 3.92m (154 inches). Hundreds of sensors are embedded in the model to measure pressure to determine the in-flight loads as well as provide valuable diagnostics of the aerodynamic performance of a given design. Low-speed testing at the Qi-netiQ facility is expected to last approximately five months. Testing also will be conducted next year at the Boeing Transonic Wind Tun-nel in Seattle to further validate 777X high-speed performance projections.

Wheels and brakes inspection at LHT Frankfurt Gregor Schläger / LHT

LUFTHANSA TECHNIK NEWS

FINANCIAL NEWS

Astronics completes acquisition of PGA Electronic

Astronics Corporation, a leading provider of advanced technologies for the global aero-space and defense industries, confirmed that it completed the acquisition of PGA Electronic (“PGA”) on December 5, 2013 for approxi-mately $31.2m. Approximately $17.5m of the purchase price was paid in cash and the balance was paid by the issuance of 264,168 shares of Astronics common stock with a mar-ket value at the time of closing of $13.7m. Astronics had previously announced that it entered into a definitive agreement to acquire PGA Electronic on November 4, 2013.

Atlantic Aviation signs agreement to acquire fixed base operations from Galaxy Aviation

Macquarie Infrastructure Company (MIC) re-leased that its Atlantic Aviation business has entered into an agreement to acquire cer-tain of the assets of Galaxy Aviation, includ-ing substantially all of the assets of five fixed base operations (FBOs) and one new hangar that is currently under construction at one of the five airports at which the FBOs oper-ate, for $195.0m. The Company said that it expects the acquisition to be immediately accretive to proportionately combined free cash flow. MIC expects to fund the acquisi-tion using a combination of cash on hand, a draw on a credit facility of its Atlantic Avia-

MRO & Logistics Software Solutionscomponentcontrol.com

Parts Search Price SearchSend RFQs Receive POs iPhone/Android• • • •

Search or sell with

Join the world’s fastest growing online aviation parts emarketplace

http://www.stockmarket.aero

http://www.componentcontrol.com

Pratt & Whitney opens new F100 engine overhaul facility in Georgia, USA

Pratt & Whitney opened its new F100 engine overhaul facility in Columbus, Ga. The new 105,000-ft² facility enhances Pratt & Whitney’s capacity to service engines that power F-16 and F-15 fighter aircraft used by the U.S. Air Force and international military customers. Pratt & Whitney, the Development Author-ity of Columbus and Western Devcon Inc. worked together to develop, design and build the new facility. In April 2013, Pratt & Whitney announced it would move the ma-jority of the F100 engine overhaul work per-formed at its San Antonio Engine Center to Columbus. Construction on the new facility began in July, with employees scheduled to begin performing F100 engine overhauls in the first quarter of 2014.


December 16, 2013 / Vol. 419

tion subsidiary and proceeds from an equity offering launched this morning. The transac-tion is expected to close in the first quarter of 2014, subject to the receipt of consents from the relevant airport authorities and sat-isfaction of other closing conditions typically associated with a transaction of this size and type. The acquired FBOs are expected to generate annualized adjusted EBITDA in 2014 of approximately $17.83m including earnings from a hangar currently under con-struction at West Palm Beach airport. The 75,000 ft² hangar is forecast to be in serv-ice late in the first quarter of 2014 and will immediately be occupied by customers who have already signed contracts for the space. Four of the five facilities being acquired are located in Florida.

Finnair initiates long-haul fleet fi-nancing

Finnair signed a Memorandum of Under-standing with global aircraft leasing and financing company GECAS (GE Capital Avia-tion Services) on the sale and leaseback of two Airbus 330 aircraft and two ordered Air-bus 350 aircraft. The value of the arrange-ment is approximately €320m. The financial arrangement is a part of the long-haul fleet renewal program, in which the current Air-bus 330 and 340 fleet will be replaced by the new generation of Airbus 350 aircraft. The divestment of the existing A330 and A340 fleet as a whole is not expected to have a significant impact on earnings in 2014 and 2015. The sale and leaseback agreements for the two A330 aircraft are expected to be concluded in the first half of 2014 and for the two A350 aircraft in H2 2015, when the first two A350s ordered by Finnair are delivered. The lease term for all four aircraft is 12 years on average and the lease terms have extension options. The proceeds from the arrangement will be used to finance Fin-nair’s future fleet investments. Finnair has ordered eleven A350s and has options for eight additional aircraft.

Boeing released it will establish technol-ogy research centers in Alabama, California, Missouri, South Carolina and Washington as it continues to lay the foundation for in-creased competitiveness and future growth. The company will restructure its Boeing Research & Technology organization, the company’s central research-and-develop-ment unit, through the establishment of re-search centers in Huntsville, Ala.; Southern California; St. Louis; North Charleston, S.C.; and Seattle. The new centers will operate independently but cooperatively with one another and with Boeing technology cent-ers in Australia, Brazil, China, India, Spain and Russia. The international centers con-

Monarch Aircraft Engineering posts increased revenue in FY2013

Monarch Aircraft Engineering re-ported 24.2% increase in revenues to £107.2m for the full year 2013 and 26% growth in revenue from 3rd party customers. MAE posted 80% increase in maintenance capacity fol-lowing the opening of a new state-of-the-art facility at Birmingham Airport. Furthermore the company introduced Bombardier and Embraer type aircraft servicing capability.

OTHER NEWS

MILITARY & DEFENCE

A Pratt & Whitney F100 engine undergoes maintenance Pratt & Whitney

duct research to benefit the environment, aviation safety, air traffic management and other areas.

Etihad Airways commenced major expan-sion of its Indian operations following the approval of a 24% investment in Jet Air-ways. Central to the Etihad Airways plan is the use of Abu Dhabi, capital of the United Arab Emirates, as a global hub connecting international passengers and freight with flights to and from India. Pending the open-ing of a new facility, United States-bound passengers will be able to clear US immi-gration and customs at Abu Dhabi Airport. The first stage of the Etihad Airways strat-egy includes additional flights or the intro-duction of larger aircraft on existing routes to India. Subject to regulatory approvals in

US Airways to join oneworld following merger with American Airlines

US Airways will join oneworld with effect from March 31, 2014, following completion of its merger with alliance founding member American Airlines. All its regional affili-ates, operating under the US Airways Express brand, will also transition to oneworld at the same time. US Airways will add 60 destinations to the oneworld map – most in the United States but also three in Canada and one in Mexico – along with its key hubs of Charlotte, Philadelphia, Phoenix and Washington DC’s Reagan National, expanding oneworld’s presence across the United States. Until the full integration of American Airlines and US Airways – which will see the combined airline retaining the American Airlines name – US Airways and its regional carriers will operate as oneworld affiliate members, under the American umbrella. They will offer oneworld’s full range of services and benefits – although some may be phased in shortly after US Airways joins. US Airways, American and their oneworld partners are working to provide the most popular benefits and services on an accelerated timeline.

United Airways is set to join the oneworld alliance (above) oneworld


a range of countries, Etihad Airways and Jet Airways also plan to codeshare on each other’s flights between Abu Dhabi, India and other markets in the Middle East, North America and Europe. Eti-had Airways will also codeshare on new flights by Jet Airways’ between India and the U.S., via the Abu Dhabi hub, subject to regulatory approval.

Building on the importance of its part-nership with Virgin Australia, Etihad also announced that it would commence daily flights to Perth, Western Australia on July 15, 2014. The non-stop services between the airline’s hub and its fourth Australian gateway will bring to 351 the number of weekly flights which Etihad Airways op-erates between Australia and Abu Dhabi. Etihad Airways’ President and Chief Ex-ecutive James Hogan said the new flights would be the first non-stop services be-tween Western Australia and Abu Dhabi.

The Association of Support Service Industries (PALTA) and the Finnish Air Line Pilots’ Association (SLL) reached a new collective labor agreement for Finnair’s pilots. The new collective labor agreement comes into effect on February 1st, 2014 and it is in line with the cen-tral Pact for Employment and Growth. The three-year contract includes a crisis clause similar to the ones in the collective labor agreements which were reached with other employee unions this fall. Ac-cording to the crisis clause, in the coming months Finnair will negotiate with SLL on cost savings. If an agreement on the sav-ings is reached by June 13, 2014, Finnair will offer pilots job security for two years.

Air Canada will operate daily flights between Toronto -Pearson and Tokyo-Haneda ( Tokyo International Airport) be-

• AMR released that con-solidated traffic decreased 1.1% on a 1.8% increase in capacity year-over-year, resulting in a consolidat-ed load factor of 78.4%, 2.3 points lower than the same period last year.

• In November, Finnair traffic decreased by 7.1% and the overall capacity de-creased 4.9% year-fon-year due to the strike treat and preparations made for the possible strikes of The Finn-ish Flight Attendants’ Asso-ciation (SLSY) and The Finn-ish Aviation Union (IAU). Passenger load factor was 1.6 points below last year’s

level and was 71.3%.

• Republic Airways report-ed preliminary passenger traffic results for November 2013. Traffic in November decreased 1.0% from the same period in 2012 while capacity increased 3.0% over November 2012. The load factor was down 3.0 points to 74%.

• SAS reported traffic de-crease of 0.9% for the month of November 2013, while capacity was up by 3.2%, when compared to the same year in 2012. The load factor decreased 2.8 points to 68.0%.

• Southwest Airlines reported that November 2013 capacity increased 0.8% from November 2012 level, while traffic for the month decreased 1.0%. The November 2013 load factor was 78.6%, compared to 80.0% in November 2012.

• UAL’s November 2013 consolidated traffic in-creased 0.9% and consoli-dated capacity increased 3.0% versus November 2012. UAL’s November 2013 consolidated load factor decreased 1.7 points to 79.8% com-pared to November 2012.

MONTHLY TRAFFIC STATISTICS - NOVEMBER (continued from Vol. 418)

December 16, 2013 / Vol. 419

EADS presents restructuring plan for future Airbus Defence and Space Division

EADS presented a restructuring plan on December 9th, for its future Airbus Defence and Space Division (Airbus DS) to the European Works Council. This presentation follows a decision by the EADS Board of Directors in July this year to consolidate the defence and space businesses of the Group into one new Division and to rebrand EADS into “Airbus Group”. Overall, EADS plans to reduce (headcount) 5,800 positions at Airbus DS and in Corporate / Headquarters functions until the end of 2016. Up to 1,500 positions will be offered at Airbus and Eurocopter for redeployment of impact-ed employees. After non-renewal of temporary contracts (around 1,300) and applica-tion of additional voluntary measures, final redundancies are estimated in the range of 1,000 – 1,450 employees, subject to the achievement of the voluntary measures.

The Group also intends to enter into negotiations with its works councils to seek agreements on labour cost reductions which could help mitigate the social impact of the restructuring plan. As part of the overall headcount reduction, Corporate functions and services will be slimmed down by around 500 positions. EADS is now launching the work with the Works Councils to find the right social measures and so-lutions for all impacted employ-ees. The restructuring plan for

the defence and space businesses of the Group will result in a substantial consolida-tion of sites across Germany, France, Spain and the United Kingdom. For cost and operational reasons, the new Division – Airbus DS – will simplify and consolidate its legal structures. The new Division will start operating at executive level as of January 1st, 2014. After the consultation process with the works councils, expected to be con-cluded by mid-2014, the three entities – Airbus Military, Astrium and Cassidian – will be fully integrated and operational at all levels as Airbus DS.

EADS

Swiss-AS, provider of M&E software solution AMOS, announced the lat-est addition to its loyal customer base: UTair Aviation Group. Initially, UTair will implement AMOS for approxi-mately a quarter of its fixed-wing fleet while more aircraft are to follow soon after the go-live. Russian airline UTair operates scheduled domestic and in-ternational passenger services, sched-uled helicopter services and extensive charter flights with fixed-wing aircraft and helicopters.

INFORMATION TECHNOLOGY

• JetBlue Airways (JBLU) announced the promotion of Robin Hayes to the position of president, effective January 1, 2014. Hayes currently holds the position of executive vice president – chief commercial officer for the airline. In his new role, Hayes will oversee a team focused on preserving JetBlue’s unique culture and executing its business plan to expand margins and improve returns by maintaining competitive costs and growing revenue. Prior to Hayes’ promotion, JetBlue’s CEO Dave Barger held the roles of both CEO and president.

• Baltic Ground Services (BGS), an international provider of ground handling and into-plane fuelling services, announced the decision to appoint Darius Aleknavi-cius as the new head of the company. Aleknavicius stepped into the role as the new CEO of Baltic Ground Services on December 9th, 2013.

• FL Technics, a global provider of aircraft maintenance, repair and overhaul services, announced the appointment of Zilvinas Lapin-skas to the position of its new chief executive officer. Zilvinas will replace Jonas Butautis who will act as the deputy CEO for the rest of the transition period.

•WestJet announced the appointment of Fred Cleveland to the po-sition of Executive vice-president, Operations, effective January 6th, 2014. Cleveland joins WestJet from American Eagle Airlines, where he has been chief operating officer and senior vice-president of Technical Operations since December 2009, responsible for the airlines’ 1,700 daily flights to more than 150 cities across North America. Prior to his work with American Eagle, Cleveland was vice-president of Base Maintenance for American Airlines from 2008 to 2009.

• Chromalloy named Jason Humprhies as Business Development director to lead new component repair developments for turbine engine manufacturers and operators, for the company’s Carson City, Nevada, and Mexicali, Mexico, operations. Humphries, a long-time turbine industry executive and technical expert, assumes leadership of global busi-ness development strategies in commercial aerospace, military and energy segments.

AviTrader WEEKLY AVIATION HEADLINES

AviTrader Publications Corp.9500 Aquila Road

Richmond, BCCanada V7A 3P9

PublisherPeter Jorssen

Tel: +1 604 318 5207

EditorCatherine Davies

[email protected]: +44 (0) 7772 896 280

Advertising Inquiries and Customer Support

Jenny [email protected]: + 49 (0) 8761 346 007

For inquiries and comments, please email:

[email protected]

MRO Latin AmericaWindsor Atlântica, Rio de Janeiro, Brazil, 21-22 January, 2014. (Event brochure)

Indonesia 1st Aircraft & Engine Leasing SummitJakarta, Indonesia 5-6 March, 2014. (Event brochure)

ISTAT Americas 2014San Diego, California, USA, 16-18 March, 2014. (Event brochure)

Managing Technical Aspects of a Leased AssetMaintenance Reserves Training School

Radisson Blu Centrum Hotel, Warsaw, Poland, 25 & 26 March, 2014. (Event brochures)

EASA & Continuing Airworthiness SeminarRecords Management - Technology Leaps and Best Practices

Dublin, Ireland, 29 & 30 April, 2014. (Event brochures)

Click here for more aviation events

Recommended Events

11

INDUSTRY PEOPLE

ginning July 1, 2014 using the Boeing 787 Dreamliner. The new year-round service will be both the only non-stop flight between Canada and Tokyo-Haneda, located less than 30 minutes from downtown Tokyo, and the first daytime flight to Tokyo-Haneda from North America. This is the first deploy-ment of Air Canada’s Dreamliner — fea-turing the airline’s new seating and cabin amenities — in the Asian market. The new route will complement Air Canada’s existing flights to Tokyo Narita International Airport from Toronto, Calgary and Vancouver.

Hard on the heels of a successful Dubai Air Show, Quest Aviation Solutions an-nounced it is broadening its relationship with MD Helicopters and effective imme-diately will take on sales of its Multi Mission family of helicopters in both India and Chi-na. Quest will support India and China from its sales offices in Bangalore and Beijing. Quest, working in close association with MD Helicopters, which also plans to open an office in China next year, will also explore commercial opportunities for destinations that are easily accessible by helicopter, but difficult by other means of transport.

Zilvinas LapinskasFL Technics

December 16, 2013 / Vol. 419

http://www.everestevents.co.uk

http://www.avitrader.com/?P=Conf

http://www.everestevents.co.uk/events.asp?eventID=76

http://events.aviationweek.com/current/mla/register.htm

http://www.aeroleasing2014.com/

http://www.istat.org/Americas

http://www.everestevents.co.uk/events.asp?eventID=63

TheAviTraderAircraftandEngineMarketplace Page 1 of 4

Commercial Jet Aircraft

,December 16, 2013

Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

A319-100 Amentum Capital CFM56-5B6/3 3533 2008 Mar 2014 Lease Noel Healy [email protected] +353 1 639 8111

A319-100 Amentum Capital CFM56-5B6/3 3560 2008 Mar 2014 Lease Noel Healy [email protected] +353 1 639 8111

A320-200 ORIX Aviation V2527-A5 1661 2002 Q1/2015 Lease Donal McConnell [email protected] +353 863 687 184

A320-231 GA Telesis V2500-A1 441 1993 Now Sale / Lease Harris Koutounidis [email protected] +1-954-676-3111

A320-231 Jet Midwest Inc. V2500-A1 0230 1991 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

A321-211 Apollo Aviation Group CFM56-5B3/3 970 1999 Now Sale / Lease Erik Castillo [email protected] +1 (305) 579-2340

A321-211 Apollo Aviation Group CFM56-5B3/3 995 1999 Now Sale / Lease Erik Castillo [email protected] +1 (305) 579-2340

A330-200 Amentum Capital PW4168A 970 2008 Q1/2015 Lease Noel Healy [email protected] +353 1 639 8111

Commercial Jet Aircraft

A330 200 Amentum Capital PW4168A 970 2008 Q1/2015 Lease Noel Healy marketing@amentum capital.com +353 1 639 8111

A330-200 Amentum Capital PW4168A 979 2009 Q1/2015 Lease Noel Healy [email protected] +353 1 639 8111

B737-200F Azure Resources Inc. JT8D-15 22120 Now Sale / Lease Jeff Young [email protected] +1-954-249-7935

B737-232 Jet Midwest Inc. JT8D-15A 23086 1984 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

B737-2H4 Jet Midwest JT8D-9A 22062 1980 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

B737-300 AerSale CFM56-3B1 23440 1986 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238

B737-300 AerSale CFM56-3B1 23441 1986 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238

B737-300 World Star Aviation Services CFM56-3C1 28738 1998 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456

B737-300 World Star Aviation Services CFM56-3C1 28872 1998 Jul 2014 Sale / Lease Sean O Connor [email protected] +1 415-956-9456

B737-300 World Star Aviation Services CFM56-3B2 24208 1998 Feb 2014 Sale / Lease Sean O Connor Soconnor@worldstaraviation com +1 415-956-9456B737-300 World Star Aviation Services CFM56-3B2 24208 1998 Feb 2014 Sale / Lease Sean O Connor [email protected] +1 415-956-9456


B737-300 ORIX Aviation CFM56-3C1 24910 1991 Jun 2014 Sale Donal McConnell [email protected] +353 863 687 184

B737-300 Phoenix Aer Capital CFM56-3 24532 Now Sale Bob Gallagher [email protected] +1 727-376-0292

B737-300 Phoenix Aer Capital CFM56-3 24666 Now Sale Bob Gallagher [email protected] +1 727-376-0292



B737-400 ORIX Aviation CFM56-3B2 24979 1991 Q2/2014 Lease Donal McConnell [email protected] +353 863 687 184

B737-400 ORIX Aviation CFM56-3C1 28702 1998 Q1/2014 Sale / Lease Donal McConnell [email protected] +353 863 687 184

B737-400 AerSale CFM56-3C1 25417 1991 Now Sale / Lease Craig Wright craig wright@aersale com +1 (305) 764 3238B737-400 AerSale CFM56-3C1 25417 1991 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238

B737-400 Safair Operations Combi C. Schoonderwoerd [email protected] +27 11 928 0000

B737-400 Safair Operations Pax C. Schoonderwoerd [email protected] +27 11 928 0000

B737-500 World Star Aviation Services CFM56-3B1 26297 1994 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456

B737-75B Apollo Aviation Group CFM56-7B22 28107 1998 Jan 2014 Sale / Lease Erik Castillo [email protected] +1 (305) 579-2340





B747 400 GA Telesis PW4056 28756 1998 Now Sale / Lease Stefanie Jung sjung@gatelesis com +1 954 958 1321

Now ACMI/Wet lease

Now 2013 ACMI/Wet lease

B747-400 GA Telesis PW4056 28756 1998 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321

B747-400ERF Amentum Capital CF6-80C2B5F 37303 2009 Jul 2014 Sale / Lease Noel Healy [email protected] +353 1 639 8111

B747-400ERF Amentum Capital CF6-80C2B5F 35172 2007 Now Sale / Lease Noel Healy [email protected] +353 1 639 8111

B747-400ERF Amentum Capital CF6-80C2B5F 35170 2006 Now Sale / Lease Noel Healy [email protected] +353 1 639 8111

B757-200 World Star Aviation Services RB211-535-E4 24544 1990 Now Sale / Lease Sean O Connor [email protected] +1 415-956-9456

B757-200 GA Telesis RB211-535E4 24491 1990 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321

B757-200 GA Telesis RB211-535E4 24577 1990 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321

B757-200 ORIX Aviation RB211-535E4 27811 1995 Q1/2014 Lease Donal McConnell [email protected] +353 863 687 184

B757-200 ORIX Aviation RB211-535E4 27246 1994 Q1/2014 Lease Donal McConnell [email protected] +353 863 687 184

B757 223 J t Mid t I RB211 535E4 N S l / L K i L / C th Li th li @j t id t 1 310 652 0296B757-223 Jet Midwest Inc. RB211-535E4 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

B757-200F AerSale RB211-535E4 23767 1987 Now Sale / Lease Craig Wright [email protected] +1 (305) 764 3238

B767-200ER Jet Midwest Inc. PW4056 24007 1988 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

B767-200ER Jet Midwest Inc. JT9D-7R4D 24325 1989 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

B767-200ER Jet Midwest Inc. JT9D-7R4D 24145 1988 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

B767-200ER GA Telesis CF6-80A 22329 1987 Now Sale / Lease Stefanie Jung [email protected] +1 954-958-1321

B767-222 Jet Asia Aiways Co. Ltd. JT9D-7R4D 21868 Now ACMI, Wet L. Kevin Lee [email protected] +1 310 944 0327

B767-246 Jet Asia Aiways Co. Ltd. JT9D-7R4D 23214 Now ACMI, Wet L. Kevin Lee [email protected] +1 310 944 0327

B767-300ER Jet Midwest Inc. PW4060 25287 1992 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

@DC10-30F Bristol Associates CF6-50C2 47925 1974 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

DC10-30F Bristol Associates CF6-50C2 47929 1975 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000

L100-30 Safair Operations 501-D22 C. Schoonderwoerd [email protected] +27 11 928 0000Now - Wet Lease / ACMI

,December 16, 2013

www.gatelesis.com

Component solutions you can trust with the world’smost powerful independent rotable inventory

http://www.bristolassociates.com/indexf.html

http://standsondemand.com/

http://www.gatelesis.com


Aircraft Type Company Engine MSN Year Available Sale / Lease Contact Email Phone

MD82 Jet Midwest Inc. JT8D-217C 49988 1990 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

MD82 Jet Midwest Inc. JT8D-219 49325 1986 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296




Commercial Jet Aircraft (cont.)

,December 16, 2013




MD82 (+5) GA Telesis JT8D-200 53156 1991 Now Sale Harris Koutounidis [email protected] +1-954-676-3111

MD90-30 AerSale V2528-D5 53493 1998 Now Sale / Lease Shane O´Connell [email protected] +353 (87) 0638243

MD90-30 AerSale V2528-D5 53497 1998 Now Sale / Lease Shane O´Connell [email protected] +353 (87) 0638243

MD90-30 AerSale V2528-D5 53506 1998 Now Sale / Lease Aidan Harrison [email protected] +353 (86) 3890787

f C S S / CRegional Jet / Turboprop AircraftAircraft Type Company Engine MSN Year Available Sale / Lease Contact Email PhoneATR72-212 Safair Operations 405 1994 C. Schoonderwoerd [email protected] +27 11 928 0000

CRJ100ER GA Telesis CF34-3A1 7127 1996 Now Sale / Lease Harris Koutounidis [email protected] +1 954 676 3111



CRJ700ER Amentum Capital CF34-8 10217 2005 Oct 2014 Lease Noel Healy [email protected] +353 1 639 8111

EMB-120QC Jet Midwest Inc. PW118 120264 1992 Now Sale / Lease Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

ERJ-135ER Bristol Associates 145176 1999 Now Sale Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000



Now - Wet Lease / ACMI

ERJ-135LR Bristol Associates 145332 2000 Now Sale / Lease Ed McNair / Pete Seidlitz [email protected] +1 202-682-4000



Contact Email PhoneCompany

Commerical EnginesSale / LeaseEngine Type Contact Email Phone

Sherry Riley [email protected] +1(513)782-4272

(2) AE3007A1 Now - Sale / Lease Engine Lease Finance Ciaran McGlynn [email protected] +353 61 291729

(2) AE3007A1 Now - Sale / Lease Bill Polyi [email protected] +1 (704) 504-9204

(1) CF34-8E5 Now - Lease Lufthansa Technik AERO Alzey Tobias Konrad [email protected] +49 (0) 6731 497461

(2) CF34-10E5

(2) CF34-3A1 Now - Sale GA Telesis Harris Koutounidis [email protected] +1-954-676-3111

(1) CF34 8E5A1 N L A C F k P f k @ 1 650 340 1888

Company

GECAS Engine LeasingNow - Sale / Lease

CF34 Engines

AE3007 Engines

Sale / LeaseEngine Type

Multiple Engines GE / CFM / RB211

Magellan Group

(1) CF34-8E5A1 Now - Lease AeroCentury Frank Pegueros [email protected] +1 650 340 1888

Sherry Riley [email protected] +1 (513) 782-4272

(1) CF6-80C2A5 Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340

(4) CF6-80C2A2 Now - Sale / Lease

(2) CF6-80C2B4

(1) CF6-50C2 Now - Sale / Lease Konrad J Walter [email protected] +1 954-445-8127

(1) CF6-50 Now - Sale Phoenix Aer Capital Bob Gallagher [email protected] +1 727-376-0292

CF6-50E2 (multiple) Now - Sale / Lease Commercial Aircraft Services Brian Cooper [email protected] +1 208-899-1915

Ji G jgreen@ctsengines com + 1 954 889 0639(1) CF6 80C2B4 Now Sale / Lease

CF6 Engines

Now - Sale/Lease/Exch.

Taking Aviation Forward, LLC

Now - Sale / Lease GECAS Engine LeasingCF34-8E(s)


CTS Engines Jim Green [email protected] + 1 954 889 0639

Jim Green [email protected] + 1 954 889 0639

(1) CF6-80C2B4 Now - Sale / Lease

Now - Sale / Lease(1) CF6-80C2B6

CTS Engines

,December 16, 2013

GECASEngine Leasing

SEARCH

Search or sell withStockMarket.aero

Supporting the world’s airlinesCorporation www.ses.ie

http://www.willislease.com

http://www.ses.ie

http://regionalone.com/

http://www.stockmarket.aero

http://www.elfc.com/


Contact Email Phone

(2) CF6-80C2 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760884250

(1) CF6-80C2B4F Now - Lease Ann Lee [email protected] +1 (415) 408 4770

(1) CF6-80C2A8/A5 Now - Sale ULS Airlines Cargo Cem AKIN [email protected] +90 212 496 0202

(1) CF6-80C2B1F AeroTurbine Todd Power [email protected] +1 214-240-1145

(1) CF6-80C2B6F Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(1) CF6-80C2B1F Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569

(1) CF6 80C2B6F (QEC il bl ) N S l / L A S l I M tth Whit tth hit @ l 353 86 3004189

CF6 Engines (cont.)

Sale / Lease Company

Commerical Engines (cont.)Engine Type

Now - Sale / Exchange

Willis Lease

,December 16, 2013

(1) CF6-80C2B6F (QEC available) Now - Sale / Lease AerSale. Inc. Matthew White [email protected] +353 86 3004189

(1) CF6-80C2B6F (QEC available) Apr 2014 Sale/Lease/Ex.

(1) CFM56-7B24 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569

(1) CFM56-5A3 Now - Lease

(1) CFM56-5A3 Now - Sale / Lease World Star Aviation Services Sean O Connor [email protected] +1 415-956-9456

(1) CFM56-3B1 Now - Sale / Lease

(1) CFM56-3C1 Now - Sale / Lease

(2) CFM56-3C1 Now - Sale / Lease Frank Rustmeier [email protected] +49 (0)8025 99360

(1) CFM56-5A3 Now - Sale / Lease

CFM56 Engines

Royal Aero

(1) CFM56 5A3 Now Sale / Lease

(2) CFM56-5B4P Now - Sale / Lease


(1) CFM56-3C1 Now - Sale Mike Visconti [email protected] +1 305 753-6106

(2) CFM56-7B27/3B1F (QEC avail.) Now - Sale/Lease/Exch. AerSale. Inc. Tom McFarland [email protected] +1 305-764-3208

(2) CFM56-5C4 Now - Sale/Lease/Exch. Bill Polyi [email protected] +1 (704) 504-9204


(1) CFM56-3C1 Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan [email protected] +353-87-2786738

(2) CFM56-3C1 Nov 13 - Sale/Lease/Exch.

(6) CFM56-3C1 Dec 14 - Sale/Lease/Exch.

(2) CFM56-3C1 Jan 14 - Sale/Lease/Exch

Magellan Group

(2) CFM56-3C1 Jan 14 - Sale/Lease/Exch.

(1) CFM56-3B2 Dec 13 - Sale/Lease/Exch.

(2) CFM56-5A1/F Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111


Ivan Graydon [email protected] + 353 61 70 6463

CFM56-5B(s)

(1) CFM56-5A3 Now - Lease Ann Lee [email protected] +1 (415) 408 4770

(2) CFM56 5B4/3 N L


CFM56-7B(s)



CFM56-5A(s)

(1) CFM56-7B24 (Non-TI)

CFM56-3(s)

Now - Lease

Now - Sale/Lease/Exch. SES

Willis Lease

(2) CFM56-5B4/3 Now - Lease

(2) CFM56-5C4/P Now - Lease

(2) CFM56-5A3 Now - Sale / Exchange AeroTurbine Todd Power [email protected] +1 214-240-1145

(6) CFM56-3B2 Now - Sale / Exchange

(1) CFM56-3B2 (tow) Now - Sale / Exchange

(1) CFM56-5B/4P Now - Sale / Exchange

(2) CFM56-3B2 Now - Lease



Now - Lease(1) CFM56-7B24/3

(1) CFM56-5A3 Now - Lease

(3) CFM56-3C1 Now - Lease

(1) CFM56-5C4 Now - Sale/Lease/Exch. Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340

(4) CFM56-5C3/F Now - Sale/Lease/Exch.

(1) CFM56-5C4 Now - Lease ORIX Aviation Donal McConnell [email protected] +353 863 687 184


(1) CFM56-3C1 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760884250

Now - Sale/Lease/Exch PSG Turbines LLC Karl Drusch [email protected] +1-817-296-2705

Sherry Riley [email protected] +1(513)782-4272(2) CFM56-5A

(2) CFM56-3C1

Now - Sale

JT8D Engines

GECAS Engine Leasing

(2) JT8D-219 Now - Sale/Lease/Exch PSG Turbines LLC Karl Drusch [email protected] +1-817-296-2705

(1) JT8D-217C/219 Now - Sale / Lease Azure Resources Jeff Young [email protected] +1-954-249-7935

(2) JT8D-200 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111

Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

(2) JT9D-7R4D/E Now - Sale Aero Controls John Titus [email protected] +1 253 269-3000

(3) JT9D-7J Now - Sale/Lease/Exch. Lufthansa Technik Airmotive Irel. Alan Phelan [email protected] +353-87-2786738


(34) JT9D-7R4D Now - Sale / Lease

(1) JT8D-219 or -217

JT8D Engines

(1) JT9D-7R4D overhauled

JT9D Engines

,December 16, 2013


Contact Email Phone

Bill Polyi [email protected] +1 (704) 504-9204

PW100s (all models) Now - Sale / Lease Lufthansa Technik AERO Alzey Tobias Konrad [email protected] +49 (0) 6731 497461

(5) PW150A (also Pooling available) Now - Lease

(3) PW121 (ATR) Now - Sale/Lease/Exch. Marty Jones [email protected] +1 (561) 809-0454

(1) PW127M Now - Sale/Lease/Exch.

(1) PW127F Now - Sale/Lease/Exch.

PW Small EnginesNow - Sale/Lease/Exch.PW100's (all models)

Willis Lease

Commerical Engines (cont.)Engine Type Sale / Lease Company

Magellan Group

,December 16, 2013

(3) PW124B Now - Sale/Lease/Exch.

(1) PW121 Now - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360

(1) PW150 (TT=0) Bill Polyi [email protected] +1 (704) 504-9204

(3) PW4056-1 Now - Sale/Lease/Exch. GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(3) PW4056-3 (full QEC) Now - Sale / Lease Bill Polyi [email protected] +1 (704) 504-9204

(1) PW4060-3 Dec 14 - Sale / Lease Royal Aero Frank Rustmeier [email protected] +49 (0)8025 99360

(1) PW4056-1C Now - Lease AeroTurbine Todd Power [email protected] +1 214-240-1145

(5) PW4056-3 Now - Sale/Lease/Exch.

(1) PW4056 1 N L

Magellan Group


PW4000 Engines

Magellan Group

(1) PW4056-1 Now - Lease

(1) PW4060-1 Now - Lease

(2) PW4056 (QEC available) Now - Sale / Lease AerSale. Inc. Tom McFarland [email protected] +1 305-764-3208

(1) PW4056 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250

(1) PW4062 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769

(1) PW4060 Now - Lease

(1) PW4168A Now - Sale / Lease Engine Lease Finance Joe Hussar [email protected] +1 (617)828-3569

(1) RB211-535E4 Now - Sale/Lease Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078

(1) RB211-535E4B Now - Sale / Lease GA Telesis Stefanie Jung [email protected] +1 954-958-1321

RB211 Engines

(1) RB211-535E4 (QEC available) Now - Sale / Lease AerSale Inc. Matthew White [email protected] +353 86 3004189

(2) RB211-535E4 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250

(2) Trent 800 Now - Sale / Lease GA Telesis Eddo Weijer [email protected] +1-954-676-3111

(1) Trent 884-17 Now - Sale/Lease/Exch. Apollo Aviation Group Erik Castillo [email protected] +1 (305) 579-2340

(multiple) Tay 650-15 Now - Sale / Lease Jet Midwest Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

(1) V2527-A5 Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769

(1) V2500-A1 Now - Sale / Lease ORIX Aviation Donal McConnell [email protected] +353 863 687 184

Tay Engines

V2500 Engines

Trent Engines

(1) V2500 A1 Now Sale / Lease ORIX Aviation Donal McConnell [email protected] +353 863 687 184

(1) V2500-A5 Now - Sale/Lease/Exch. TES Aviation Group Lee Whitehurst [email protected] + 44 (0) 7760 884250

(1) V2527-A5 Now - Lease Engine Lease Finance Joe Hussar [email protected] +1 617 828-3569

(1) V2533-A5 Now - Sale / Lease

(1) V2533-A5 w/QEC Now - Lease Rolls-Royce & Partners Finance Bobby Janagan [email protected] +44 20 7227 9078

(1) V2527-A5 w/QEC Now - Lease

Description Contact Email PhoneNow - Sale Willis Lease Ann Lee [email protected] +1 (415) 408 4769NEW QEC for V2500

Aircraft and Engine Parts, Components and Misc. EquipmentCompany

Now - Lease Willis Lease Ann Lee [email protected] +1 (415) 408 4769

Purchase/Sale/Lease Stands on Demand Yexceld Perez [email protected] +1 305-558-8973


Now - Sale / Lease Werner Aero Services Christopher Farrell [email protected] +1 201-661-6819

Now - Sale Tradewinds Engine Serv. Brad Pleimann [email protected] +1 954 421 2510

LHT Airmotive Ireland Alan Phelan [email protected] +353-87-2786738

Reliance Aircraft Terry Hix [email protected] +1 512-439-6988

(1) PW901A Now - Lease LHT AERO Alzey Tobias Konrad [email protected] +49 (0) 6731 497461

Engine transportation stands:

CFM56; V2500; CF6-80; CF34-3

737-800 NOSE LANDING GEAR PN 162A1100-5, OH - Now Sale

CFM56-3 Serv Modules (Fan/Booster/HPT/LPT/ AD compliant Gearboxes)

1 V2500 QEC kit, p/n 745k9001-46

GTCP131-9A (P/N 3800708-1)

APU 3800298-1-2 (B767)

APU GTCP 131-9B

GTCP131-9B, PW901A, GTCP331-200ER, Now - Sale/Lease/Exch. Aeroturbine Brianne Van Abeele [email protected] +1 972-892-0213

GTCP131-9A, RE220RJ, GTCP331-350C

Ben Murphy or [email protected] +353 61-474800 x429

John McDonnell

Description Contact Email Phone(1) 737-400 airframe wanted for tear-down purpose, any year of manufacture Jet Midwest Kevin Lee / Cathy Liu [email protected] +1 310 652 0296

APU T62-T-46C12 (Dash 8 Q400) SVC – available now - sale/exchange

WantedCompany

Shannon, Ireland

Magellan Group

APU GTCP36-150RJ (CRJ 100/200) SVC- available now – sale/lease/exch.

,December 16, 2013

new lenders bringing ‘diversity’ to aircraft financing · 12/16/2013 · of significantly...

Documents