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Best regards
Zmags
ISSUE THIRTEEN MARCH/APRIL 2013
THE LEADING GLOBAL PUBLICATION FOR OPERATORS OF AND INVESTORS IN AIRCRAFT AND ENGINES
www.aviationnews-online.com
Yours.
We took the direct approach to finding out what you want in Pratt & Whitney service.
We asked. And here's what you said: Drive down costs without compromising time on wing.
Provide innovative repairs when they're the best alternative to replacement. Offer a broad portfolio
of services and make them easy to access. Just so we're straight – your priorities are ours.
Learn more about the Pratt & Whitney service you asked for, at pw.utc.com/DependableServices.
Providing dependable services and customer-focused value.
Dependable Services
EDITOR'S LETTER
FROM STRENGTH TO STRENGTH
VOLUME THREE, ISSUE TWO
March/April 2013
EDITORI
ISSUE THIRTEEN
Yours. We took the direct approach to finding o
EDITOR'S LETTER FROM STRENGTH TO STRENGTH VO
CONTENTS 4 From strength to 36 streng
BETTER, FASTER, STRONGER WORLD
NEWS Jet Airways joins Etihad Airways' equity a
Rolls-Royce & Partners Finance Leasing engines
NEWS Air Canada prices three-tranched EETC
It's not just about access to a new airplane. It
NEWS Airlines unconvinced of NextGen benefits
YOU HANDLE THE ABSOLUTE ALTITUDE. WE'LL HAN
NEWS ACG prevails on appeal with Olympic Airlin
NEWS The Court of Appeal held that the “conclu
NEWS IAG selects A350s; converts 787 options
K?< ?<@>?KOF EXCELLENCE iding Since 1967 Monarc
NEWS Etihad finances two 777-300ERs Etihad Ai
GUIDING YOUR END OF LIFE ASSET STRATEGIES
NEWS FAA fines UPS $4 million for maintenance f
NEWS European airlines object to Abu Dhabi precle
Transform the worth of your inventory You're loo
NEWS Lagadere raises €2.3bn from EADS sale Laga
Peak Performance specialise in the r
NEWS Etihad and Air Canada sign MoU Etihad Ai
OUR EXPERIENCE DRIVES YOUR EXCELLENCE.
COVER FEATURE EASY DOES IT New merger partners
COVER FEATURE o)RUDQDLUOLQHWRUDLVH\HDU PRQH\ZLWK
COVER FEATURE BBB- by Standard & Poor's and ca
However the EETC market has gotten stronger and s
COVER FEATURE AIRCRAFT UTILISATION THROUGH BANK
Asset Management Remarketing Services
COVER FEATURE The last great restructuring
“It has been the most successful airline restruct
COVER FEATURE
after months of exhaustive analysis and a thoroug
COVER FEATURE AMERICAN AIRLINES - FLEET CHANGES
COVER FEATURE American rejected leases on 21 MD-
MAKE WHOLE Make-whole in doubt The American Ai
objected to the Repayment Motion on the grounds t
MAKE WHOLE “voluntarily” repaying the debt
11 debtor. Here, without controlling author
MAKE WHOLE however, are precatory and unnecess
Biography Michael J. Edelman joined the firm's Ne
LEASING IN IRELAND No friends like old friends
LEASING IN IRELAND
LEASING IN IRELAND one man, the late Dr. Tony
Insight KPMG has unrivalled experience and
LEASING IN IRELAND
take a similar approach to Ireland on withholding
REGIONAL MARKET At a crossroads The regional a
REGIONAL MARKET O ne third of all
REGIONAL MARKET a total of 195 regional a
1,500,000 1,000,000 500,000
REGIONAL MARKET
REGIONAL MARKET FLYBE ANALYSIS SNAPSHOT SINCE A
REGIONAL MARKET Regional turboprop fleet · The 20
REGIONAL MARKET WORLDWIDE DELIVERIES OF REGIONA
Stop all the clocks Although stop-the-clock has b
follows the operator rather than the asset a
ETS Barry Moss, chief compliance officer at Av
to make the deadline. This may be one of the co
ETS DATA ETS DATA Airline (ordered by the large
ETS DATA North American Airlines 135,290
ETS DATA Adolf Würth 231 6,053 -5,
ETS DATA ETS DATA Airlines that did not submit
ETS DATA White Airways 43,359 -1 4
ETS DATA Next Generation Vent 9 -1
STATE OF PLAY State of play Airline Economics
STATE OF PLAY thus figures for March should als
STATE OF PLAY operating as separate economic e
STATE OF PLAY World fleet forcast NORTH AMERICA
MRO Skills shortage A shortage of skilled pers
of the most experienced MRO workers will retire i
LEASE RATES COMMERCIAL AIRCRAFT CMVS AND LEASE
It's about a lease that lasts five years