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FAA to Extend Flight Attendant Rest Period

Frontier Airlines cabin crew (photo Twitter @flyfrontier)

The Biden Administration is implementing 10-hour rest periods for U.S.-based cabin crew, in line with legislation passed by congress four years ago. This raises the rest period from 8 hours and brings flight attendant rest in line with that of flight deck crew.

Federal Aviation Administration Acting Administrator Billy Nolen said on Tuesday “I can tell you first-hand that well-rested crew members are important to safety… Flight attendants are the foundation of aviation’s safety culture starting with cabin safety.”

The pandemic has not been easy on the world’s cabin crews with rates of onboard disturbances spiking over the last few years, but the lifting of mask mandates seems to have lowered the number of instances it is still an omnipresent concern.

“As aviation’s first responders and last line of defense, it is critical that we are well-rested and ready to perform our duties,” Nelson said. “Covid has only exacerbated the safety gap with long duty days, short nights, and combative conditions on planes.”

The American airline industry is already incredibly short-staffed and there is no way to tell if this new legislation will have a greater effect on airlines timetables. With many flights being delayed on a daily basis this writer can only hope that the 10-hour rest period can entice more people to pursue a career as cabin crew and further strengthen the aviation industry. In any case this is an excellent step forward for the health and safety of air crew and, as an extension, the passengers.

The Federal Aviation Administration finalized the plan to require a 10-hour irreducible rest period. This law was passed in 2018 under the Trump Administration but was never enacted.

“Credit first and foremost goes to Flight Attendants on the frontlines who fought so hard for this moment and need this rest more than ever in the most difficult time” Sara Nelson, president of the Association of Flight Attendants-CWA said in a statement.

It is unclear how the additional 2 hours of rest will affect the already struggling airline industry in regards to scheduling but the health and safety of all crew, both in the cabin and on the flight deck, should never be downplayed as they are responsible for the safety of all passengers.

“Proper rest is critical for Flight Attendants to do our work as aviation’s first responders. Today was a long time coming, but it is here. We won’t forget how we achieved this major regulatory change for minimum rest. Flight Attendants need this rest to do our jobs. But ‘rest assured,’ we won’t ever rest in our work to ensure the continued safest transportation system in the world for all of the people within it.” Nelson concluded.

Federal Aviation Administration Restores Malaysia’s Category 1 Air Safety Rating

Malaysia Airlines' first A350-900XWB in Toulouse (Photo: Jujug Spotting)

After three years the Federal Aviation Administration (FAA) has restored Malaysia’s Category 1 Air Safety rating. This comes after in 2019 the FAA had dropped Malaysia’s rating to a Category 2 . The decision allows any Malaysian airline to restart service to the United States.

Prior to the pandemic, AirAsia was regularly flying to Hawaii and American Airlines and Malaysian Airlines had a codeshare agreement, both of which had to be discontinued after the rating was dropped.

Malaysian Transport Minister Datuk Seri Wee Ka Siong said “By mid-July this year the FAA returned for a reassessment and the [Civil Aviation Authority of Malaysia] had already completed all responses for the 29 findings and all corrective action plans were closed.” The restoration of the Category 1 rating means CAAM now falls in line with all International Civil Aviation Organization safety requirements.

Transport Minister Wee Ka Siong continued “With the return to Category 1, our airlines can now mount new flights to the U.S. and have code sharing with American carriers. There is no more barrier now, this is good news after the COVID-19 pandemic.”

Additionally, Riad Asmat, CEO of AirAsia Malaysia said that the restored rating was a “very good start.” and he hopes to expand further into the United States.

The first A330neo for AirAsia X (Photo: Airbus)

The Meaning of FAA Air Safety Ratings

What are the FAA’s Air Safety ratings and what do they mean? While all countries manage their own internal aviation programs the Federal Aviation Administration maintains an International Aviation Safety Assessment Program that assesses any country’s civil aviation authority if they wish to or already fly into the United States.

This program decides if the country is complying with International as well as U.S. standards. If a foreign CAA passes the assessment the FAA awards a Category 1 rating and that nation’s airlines may start or expand service within the United States.

If the Foreign CAA does not meet the criteria of the IASA inspection, then the country is awarded a Category 2 rating. Air carriers from category 2 countries are restricted from beginning or expanding service in the U.S. and they are not allowed to participate in code-sharing agreements with U.S.-based carriers.

Currently, there are eighty-three countries that have gone through the assessment program and only six countries failed (Bangladesh, Mexico, Pakistan, Russia, Thailand and Venezuela as of July 15, 2022).

Overall Malaysia made impressive changes to its Civil Aviation sector over the last three years and should be applauded for the efforts they have made towards creating a safe travel experience for all passengers and it did during a global shutdown.

A statement from Malaysia Aviation Group (MAG) offered support for CAAM and its efforts. “MAG is pleased to be able to support CAAM by being part of a Task Force that was formed to identify root causes, corrective action plans, and corrective measures in response to the downgrade in 2019.”MAG is confident that CAAM under the leadership of Captain Chester Voon and the rest of the management team, will be able to make significant contributions to the development of civil aviation’s safety and security in Malaysia.”

South African Airways Adds Fleet Capacity As Demand Rises

A South African A330 taking off. (Photo: AirlineGeeks | James Dinsdale)

South African Airways is to add a further three Airbus A320 aircraft to its fleet as operations continue to ramp up after the pandemic. The carrier restarted a significantly restricted schedule in September 2021 after the airline was grounded for 18 months from March 2020. Three Airbus A320 aircraft will all be in operation by the end of the calendar year in time for the South African summer holiday season.

The airline has been operating six regional and three domestic routes with two Airbus A320s, three Airbus A319s, an Airbus A330-300 and an Airbus A340-300. Demand has grown for its domestic services from Johannesburg to Harare, Zimbabwe and Cape Town, South Africa. The airline now operates the A330 on three of its weekly frequencies between Johannesburg and Harare, Zimbabwe.

SAA Chief Commercial Officer Tebogo Tsimane also noted, “SAA is replacing its A340-300 with a similar capacity aircraft and will exit the A319 fleet in 2023. As we increase fleet size to match the needs of the growing network schedule, we are encouraged that our strategy to cautiously re-enter markets abandoned due to the Covid pandemic has served us very well during the past twelve months, and we will continue to follow that cautious risk-adjusted trajectory.”

SAA has been the subject of intense scrutiny in recent years with significant losses prior to Covid-19 and a government-supported sale of a share of the airline. The Takatso Consortium was named as the ‘strategic equity partner’ (SEP) for SAA with a 51 percent controlling share and this transition is expected to be concluded by the end of March 2023.

The airline recently issued a statement reassuring customers that it would not be losing route rights after receipt of a letter in August from the Air Services Licensing Council (ASLC).  The letter from the ASLC cited a few possible breaches of the Air Services Licensing Act No 115 of 1990 and directed SAA to provide certain information to afford the Council an opportunity to ascertain SAA’s compliance and/or non-compliance with the Act.

In reassuring customers, the airline divulged that the matters raised in the letter from the ASLC were ‘of an administrative nature relating to the SEP transaction that is currently being negotiated by the Government, as the shareholder as well as issues relating to SAA’s interaction with the ASLC, the submission of financial statements and internal staff movement.’

In acknowledging the one-year anniversary of the restart of SAA operations the Chairman of the Interim Board and CEO Professor John Lamola stated, “It has been a challenging but stimulating 12 months. We have been inspired by the fact that SAA has successfully been flying the national flag for 88 years surviving formidable historical turbulences, both economic and political.  Thus we are firmly focused on rebuilding this airline and making South Africans proud.”

John Flett

John has always had a passion for aviation and through a career with Air New Zealand has gained a strong understanding of aviation operations and the strategic nature of the industry. During his career with the airline, John held multiple leadership roles and was involved in projects such as the introduction of both the 777-200 and -300 type aircraft and the development of the IFE for the 777-300. He was also part of a small team who created and published the internal communications magazines for Air New Zealand’s pilots, cabin crew and ground staff balancing a mix of corporate and social content. John is educated to postgraduate level achieving a masters degree with Distinction in Airline and Airport Management. John has held the positions of course director of an undergraduate commercial pilot training programme at a leading London university. In addition he is contracted as an external instructor for IATA (International Air Transport Association) and has been a member of the Heathrow Community Fund’s ‘Communities for Tomorrow’ panel.

Nigeria’s Newest Low-cost Carrier Launches Operations

ValueJet's third CRJ900 registered 5N-BXR from Lufthansa sits on ramp following the conclusion of its demo flights (Photo: ValueJet)
Earlier this week, Nigerian startup ValueJet operated its first flight, marking the start of its commercial operations after receiving its Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA) a little less than one month ago. The inaugural flight took off from Lagos, Nigeria’s Murtala Muhammed International Airport, en route to cities across Nigeria including Abuja, Port Harcourt, Jos and Asaba.
ValueJet was founded in 2018 with the vision of connecting people and places using modern-day air travel. Although founded during a difficult time in the aviation industry, ValueJet looks to hit the ground running with twice-daily flights between Lagos and Abuja, daily flights to Port Harcourt, and three-times weekly flights to Asaba and Jos. Flights will be all around an hour to an hour and thirty minutes. Eventually, the carrier will operate flights from Lagos to Benin, Togo; Yola, Nigeria and Kano, Nigeria.

ValueJet’s Initial Schedule

Flight Origin Destination Departure Arrival
VK200 Lagos Abuja 06:45 08:00
VK201 Abuja Lagos 08:45 09:55
VK214 Lagos Abuja 15:20 16:35
VK215 Abuja Lagos 17:15 18:30
VK222 Lagos Port Harcourt 10:35 11:45
VK223 Port Harcourt Lagos 12:25 1:35
VK230 Lagos Asaba 08:00 09:00
VK231 Asaba Lagos 09:30 10:40
The Nigerian carrier will utilize its fleet of three Bombardier CRJ-900 (5N-BXS, 5N-BXT and 5N-BXR) aircraft with an average fleet age of 15.8 years. Two of the aircraft were previously owned by Air Nostrum, a regional carrier headquartered in Valencia, Spain with one coming from Lufthansa.
Each aircraft is configured to seat 90 passengers. Labeling itself as a hybrid carrier, guests will have the option to choose between three packages; ValueLite, ValueXtra and ValuePremium.
ValueLite is the cheapest option of the three allows guests up to one carry-on item weighing under 15 lbs, with no checked bag included. ValueXtra gives customers more flexibility when booking a flight. Customers can personalize their package, with options that include a flexible ticket, airport lounge access and a larger checked bag allowance.
Value Premium customers are granted the full package, a true legacy experience. Guests having purchased this option will have priority boarding, deplaning, and check-in. They will be given a flexible ticket, premium inflight services, exclusive seating, 15 lbs hand luggage and airport lounge access. None of the packages include a checked bag without an additional cost.
The carrier’s primary goal is to make air travel affordable to the people of Nigeria.
“ValueJet’s vision is ambitious. We see a world where everybody can fly. Our aim is to add value from the very first flight once we are set for business operations,” stated Temitope Ajijola, ValueJet’s Head of Business. “Currently, only about 5% of Nigeria’s population can afford a flight ticket, according to available statistics, and ValueJet is looking to increase this number significantly through creative fare pricing.”
ValueJet has a respectable business model with a fairly common goal — to make travel cheaper. It will be interesting to see if the carrier has found a niche that brings about success. The carrier’s closest competitors include Max Air, Peace Air and Arik Air.

Chase Hagl

Chase Hagl grew up in Twin Falls, Idaho. His love and passion for Aviation landed him in Orem, Utah where he obtained a B.S. in Aviation Management with a minor in Business Management from Utah Valley University. Chase currently works as a flight attendant in Charleston, SC and is also the primary Inflight ASAP ERC representative for startup airline, Breeze Airways. His experience in the aviation industry spans back four years, working in areas including agriculture application, customer service, maintenance, and flight ops. In his free time, Chase enjoys road biking, astronomy, and flying.

International Flights Continue Returning to China

An Air China 737 MAX 8 (Photo: AirlineGeeks | Katie Bailey)

On October 12, Singapore Airlines announced that the carrier will resume another service to China, in the city of Xiamen, flight number SQ868/SQ869. After the resumption of this flight, Singapore Airlines Group, which includes Singapore Airlines, Silk Air, and Scoot Air, will provide as many as 14 weekly flights between Singapore and China. Chinese authorities are releasing the controls on international flights, and such action has attracted dozens of carriers to resume and open new routes in and out of China.

In May, China reduced the mandatory quarantine period from 14+ days to 7 days. Since Aug, the Chinese authority changed the fusing mechanism for international flights, from the original absolute confirmed Covid-19 cases to a percentage of all passengers on a flight. The change significantly reduced the likelihood of a flight reaching the limit of triggering the fusing. Authorities also canceled the limitations of the “one country one flight” policy, welcoming more carriers and more international flights coming back to China. Although the total number of flights between China and another country is still controlled, the limitation has been significantly lifted compared to previous practices.

In September, a number of international flights from China to Asia and Europe resumed operations. Emirates started its third and fourth operations between Dubai and Guangzhou; Japan Airlines and ANA announced multiple flights connecting Japan and Beijing, Shenyang, and Dalian, China. Moreover, Chinese carriers resumed flights to Central Asia, Europe, and more destinations as well.

Such rapid recovery quickly drove down the prices of flights in and out of China. Originally well over $5,000 one way ticket from Europe to China is now sometimes less than $1,000. The expanded passenger volume also drove the Covid-19 test price down. In October, the Helsinki Airport Covid-19 testing agency announced that it will reduce the price from 500EURO per test to 280EURO per test for transit passengers. Lowered prices are certainly an upside for passengers, however, the cost to quarantine after arriving in China is still largely the same.

As Hong Kong is releasing travel restrictions for international travelers, passengers are routing through Hong Kong to travel to China’s Mainland. Flights from Hong Kong to the Mainland has increased from a dozen flight a week to now well over 100 flights a week. However, traveling from Hong Kong to Mainland China will add a 3-day self-health monitor in Hong Kong before boarding a flight to the Mainland.

The future opportunities for China to further release travel restriction is still unclear at this moment. The Chinese government is not hinting at any further actions or timetable for entirely removing all Covid-19 travel restrictions, and the authorities are still fixated on the failing Zero-Covid policy. Multiple foreign missions and international corporations have urged Chinese authorities to cancel the international flight fusing mechanisms, as well as the mandatory quarantine.

As the Chinese economy is sliding towards a recession with each day the Zero-Covid policy is in place, the authority may slightly release the restrictions to stimulate business activities.

Lei Yan

Lei is from Inner Mongolia, China, and now lives in Guangzhou. He grew up in an aviation family, where his passion began. During his time at Penn State University, he studied Industrial Engineering specializing in operations research, and he graduated with an honor’s thesis on airport gate assignment optimization. Now, he is a Purchasing Manager with Procter & Gamble. In his free time, he enjoys flying, reading, and wandering around the city.

This Week in Sustainable Flying: Delta and American Make Moves

Aerial Vehicle of Joby Aviation
Joby's aerial vehicle (Photo: Joby Aviation)

It has been a busy week in the world of sustainable aviation. Delta Air Lines made its first investment in the air taxi sector, while American Airlines added hydrogen to its portfolio.

Delta, Joby Aviation Partner

Delta announced an equity investment in Joby of $60 million, with a total investment of up to $200 million possible as the startup achieves further milestones. The partnership also includes the eVTOL company operating air taxi services from Los Angeles and New York on behalf of the Atlanta-based airline after certification.

The deal is a first-of-its-kind arrangement. Instead of buying and taking ownership of new airplanes, Delta will take on Joby as a partner. The Santa Cruz, Calif.-based company will operate flights on Delta’s behalf while the airline integrates the service into its network. The startup secured its part 135 operating certificate earlier this year and planned to use a Cirrus aircraft to refine systems and procedures before launching the eVTOL service.

Initially, the eVTOL company targeted a 2024 launch date. However, during the latest interview, the CEO refused to commit to a new launch date. The lack of commitment is not surprising, given the public consensus of technology immaturity and the company’s crash in February 2022. Although it suffered a total loss of its test aircraft, the company is still one of the most mature programs, with more than 1,000 test flights completed.

The attitude is refreshing compared to the rest of the industry, where every company tries to commit to aggressive schedules. In addition, its test program also displayed great caution since it has been operating the airplane remotely. While the eventual goal is to fly autonomously, the company plans to have piloted flights at launch.

This partnership also leaves Wisk Aero the only company without a major airline partner. Despite securing funding from Boeing, Wisk has yet to disclose airplane orders or investments from airlines. It is also the only eVTOL company pursuing autonomous flying right off the bat, which could have played a factor.

Delta is the last of the U.S. 3 to invest in this segment. In comparison, American placed an order for 250 Vertical VX4 in July 2021, while United holds two orders from Archer Aviation and EVE Air Mobility dating back to February 2021. The Atlanta-based didn’t jump on the supersonic hype train either, which made this partnership more of a vote of confidence in the air taxi business model.

American Airlines Makes Investment in Universal Hydrogen

On October 10, 2022, American Airlines announced its strategic equity investment in Universal Hydrogen. This investment makes American the first U.S. airline to make two direct investments focused on developing hydrogen-electric propulsion technology and the future of hydrogen distribution logistics.

Universal Hydrogen’s fuel distribution network uses modular hydrogen capsules like cargo, eliminating the need for new fueling infrastructure at airports and speeding up fuel-loading operations. Although the clean-energy company is working on its own hydrogen conversion kit, the American deal mainly focuses on its fuel distribution network. The Dallas-based airline holds an order of 100 hydrogen engines from ZeroAvia.

Fangzhong Guo

Fangzhong grew up near an OEM airport in northeastern China, where he developed his enthusiasm for aviation. Taking upon his passion, he's now working as an aircraft interior design engineer. Besides working in the aerospace industry, Fangzhong enjoys trying out different types of airplanes and seeing how airplane interiors have evolved. So far, he's flown on over 80 types of aircraft. He also planespots in his spare time. His rarest catches included the 747 Shuttle Carrier Aircraft and AN-225.

LATAM Airlines Secures Financing and Expects to Exit Chapter 11 by Early November

LATAM Airlines Group informed through an Essential Fact filed with the Chilean Financial Market Commission (CMF) that, together with Professional Airline Services Inc. (a wholly owned subsidiary of LATAM), it priced an offering of US$450 million aggregate principal amount of senior secured notes due 2027 and US$700,000,000 aggregate principal amount of senior secured notes due 2029.

In addition, the Company priced a US$1.1 billion Term Financing with an interest rate at LATAM’s choice of ABR + 8.50% or Adjusted Term SOFR + 9.50% (after Chapter 11 exit – and prior to the effective date, ABR + 8.75% or Adjusted Term SOFR + 9.75%).

This represents an important milestone for the Company, and one of the latest in its Chapter 11 process. With these new funds, LATAM will have obtained the necessary financing to repay its existing debtor-in-possession financing currently contemplated to emerge from Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) during the first week of November.

The Company has also obtained a new revolving credit facility (“RCF”) in the amount of approximately US$500 million.

“In a very challenging and dynamic context, we are on track to close the entire financing required under the Company’s Plan of Reorganization. In the coming weeks we expect to emerge from the Chapter 11 process with US$2.2 billion of liquidity and a debt reduction of approximately 35% versus what we had before entering this process,” said LATAM CEO Roberto Alvo.

Last June, the Company informed the CMF of the Chapter 11 exit financing structure, which contemplated the incurrence of new debt of up to US$2.25 billion, including the Bonds and a Term Financing, in addition to a new US$500 million revolving credit facility (the “DTE Financing”). The Notes were originally structured as Bridge Loans for an aggregate amount of US$1.5 billion committed by various banks.

On September, LATAM presented an updated business plan, which reported an improvement in its cost structure. The group updated its cost savings estimate from US$900 million to more than US$1 billion annually. At the same time, the group implemented structural transformations:  among others, it is renegotiating its fleet, improving its relative costs, strengthening its network, and reducing its debt by approximately 36% compared to pre-pandemic levels.

Also, the plan foresees that by the end of 2022 demand in the subsidiaries’ domestic markets will have recovered to 2019 levels. In relation to international traffic, LATAM estimates that the recovery will be slower, reaching 2019 levels by mid-2023. The airline notes that its international operations accounted for approximately 45% of 2019 revenues. Finally, regarding income, the plan aims for the group to surpass 2019 levels only in 2024, when it estimates profits close to US$11.5 billion.

 

This story has been published -in Spanish- by Aviacionline.

U.S. Senate Defense Bill Would Not Extend Boeing 737 MAX Certification

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Boeing shows off first 737 MAX 7 at Renton facility (Photo: AirlineGeeks | Chuyi Chuang)

In late September Boeing disclosed that the company’s intention was to get an extension to the December 31, 2022 deadline, when a new law would prevent it from certifying the -7 and -10 variants of the 737 MAX without the incorporation of an integrated warning system that would have enormous consequences for operators and potential customers of the variants.

On January 1, 2023, the Aircraft Certification, Safety and Accountability Act (ACSAA), which tightened aircraft certification conditions following the controversy that opened regarding the FAA’s lax controls over the review and approval process for obtaining the type certificate, will go into effect.

The ACSAA states that any aircraft certified on or after Jan. 1, 2023, must comply with the current regulation on crew warning systems. Boeing created and installed a system called EICAS: Engine Indicating and Crew Alerting System. Airbus has its own, called ECAM (Electronic Centralized Aircraft Monitor).

Both systems are central to the operation, since they provide real-time information on the aircraft’s status and trigger alerts that can lead to the automatic execution of checklists and suggest actions to be taken, thus relieving the crew’s burden. Incorporating such systems implies additional training, something that destroys the 737 MAX’s main sales argument: the seamless -and therefore economical- transition from the Next Generation to the new models.

As reported by David Shepardson for Reuters, the manufacturer’s pressure is not bearing fruit: the latest version of the defense budget bill contains no amendments to address the ACSAA deadline extension.

While, says Shepardson, there are other instances in which such an amendment could be added, the chances are reduced, and the timeline is shortening. With no technical possibility of certifying the planes before the middle of next year, Boeing is depending on either an extension of the deadline to submit the planes as-is or to start incorporating the EICAS system and break the transparent transition chain by incorporating specific training on this new flight system.

Southwest, one of Boeing’s major customers and one of the most tenacious in calling for such a transition without additional training, had said last week that it supported the manufacturer’s idea of not incorporating EICAS because it would create a “difference in the cockpit experience” that would be detrimental to crews. Two different sets of rules for the variants could increase confusion during critical phases of flight.

With approximately 1,000 orders pending for the -7 and -10 variants, Boeing is playing an especially important card in getting the certification deadline extended under current conditions. It is probably one of those times when the future of an aerospace company is not played out at a design table, but at a desk far away from the factory.

 

This article was originally published -in Spanish- at Aviacionline.

Bamboo Airways Receives A321neo, Plans UK Launch

A Bamboo Airways A321 mockup (Photo: FLC Group)

Vietnamese carrier Bamboo Airways has received an Airbus A321neo ACF, with the next-generation aircraft becoming the 30th to join Bamboo’s fleet.

The A321neo is the longest-fuselage member of Airbus’s single-aisle A320 family. Bamboo has reduced its seating configuration density from 240 to 223, consisting of eight business class and 215 economy class seats, giving passengers more legroom. The aircraft has a maximum capacity of 244 seats and a standard seat width of 18 inches.

Bamboo Airways was found in 2017 and currently operates the domestic network to 21 out of 22 airports in the country. The A321NEO has played a key role in the airline, operating domestic and international routes, especially mid-range international routes.

Bamboo Airways officially operates the maximum fleet approved by the government, with three wide-body airplanes from Boeing 787-9 Dreamliner, 22 narrow-body aircraft from Airbus A321neo, Airbus A320neo, Airbus A319 and five regional jets from Embraer E190. Bamboo is the first carrier to operate the E190.

“Expanding the fleet scale is among our priority targets to serve a vigorously expanding international flight network to countries in Europe, Australia, Northeast Asia and the U.S.” Nguyen Ngoc Trong, Chairman of Bamboo Airways’ Board of Director said.

Bamboo is determined to improve its service and meet the travel demand, aiming to own a fleet of 42 aircraft by 2023. The airline believes the aviation industry is strongly recovering from the pandemic. In the long term, the airline pursues a goal of owning 100 aircraft by 2030 if conditions allow. Bamboo aims at operating 40 international routes and 80 domestic in 2022.

Expanding Its Route Map

In response to the increasing travel demand after the pandemic, the airline has been focusing on developing long-haul and Asian routes. Earlier, the airline has announced the route between Ho Chi Minh City, Vietnam to U.K’s London’s Gatwick Airport will be launched on Dec. 7. The new weekly service will be operated by Boeing 787-9 Dreamliner with three classes, including business class, premium economy and economy.

“With this new route operating ahead of Christmas and New Year 2023, Bamboo Airways hopes to meet the high travel demands of Vietnamese communities in the U.K. wishing to come back home for a holiday.” Thach Pierre Hoang, Acting Chief Commercial Officer of the airline said.

“It is fantastic news that Bamboo Airways is already expanding its operation from Gatwick, ahead of its inaugural flight.” Stephanie Wear, VP of Aviation Development of Gatwick Airport said.

Bamboo is set to launch the route between Hanoi, Vietnam and Gatwick on Oct. 30. The Ho Chi Minh City –London Gatwick is expected to complement the upcoming route Hanoi – London Gatwick.  In addition, the carrier has started U.K. services earlier this year, the flight between Hanoi and London’s Heathrow Airport was launched in March.

The Brazilian Regional Workhorse: SkyWest Secures Financing For Six Additional Embraer E175

A Horizon Air Embraer E175 at Paine Field.
A Horizon Air Embraer E175 at Paine Field. [AirlineGeeks - Katie Zera]

Embraer announced on October 10 that the Brazilian Development Bank (BNDES) approved financing for the export of six Embraer E175 commercial jets to the north American regional carrier SkyWest Airlines, Inc. (SkyWest). With the new financing facility, the number of aircraft acquired or to be acquired by SkyWest with BNDES financing totals 200 units

The financing, in the order of R$670 million -US 128,450 million-, will be through BNDES Exim Post-shipment, with disbursements made in Brazil’s local currency in favor of Embraer. SkyWest (importer) will assume the commitment to pay in dollars to BNDES, generating foreign currency for Brazil.

Brazilian BNDES is a key instrument for Embraer: it has helped finance sales globally, securing orders for continental and transcontinental customers such as Argentina’s Austral Lineas Aéreas, which acquired 24 E190 in April 2010.

The Embraer E175 is a well-known workhorse of the US regional market: limited by the Scope Clause, the E175’s maximum take-off weight and seating configuration makes it the perfect aircraft to serve as a feeder for larger carriers, surpassing the original E170 design. As the latest Scope Clause negotiations have not changed limits, the Brazilian manufacturer suspended the development of its natural successor, the E175-E2. Although is considered a three-year pause, it is unlikely that the variant will ever get to production, as the new generation aircraft will soon take over the construction lines.

A customer of BNDES since 1998, and of Embraer since 1986, SkyWest operates the world’s largest fleet of the E175 jet consisting of 232 E175 aircraft. BNDES, since 1998, has provided ten different financing facilities to SkyWest covering up to two hundred aircraft, comprised of eighteen delivered EMB120 aircraft, 175 delivered E175 and 7 to be delivered E175 aircraft.

This is the second financing tranche with BNDES for the sale of Embraer aircraft exports to SkyWest Airlines using the innovative Aircraft Financing Insurance Consortium (AFIC) offering from Marsh, the world’s leading insurance broker and risk advisor. The first financing was executed in December 2020 in amount of R$ 400 million, or US 77 million.

 

This story was published originally in Aviacionline.

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