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School of Aeronautics (Neemrana) provides platform and environment for open discussions and interactions between the faculty and students and is designed to ignite and serve the urge to explore and learn beyond boundaries.


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FRANCE’S SAFRAN EXPECTS MORE MEGA DEALS IN INDIAN COMMERCIAL AEROSPACE MARKET

GENERAL TOPICS Posted on Mon, March 12, 2018 10:36:38

Image result for FRANCE'S SAFRAN EXPECTS MORE MEGA DEALS IN INDIAN COMMERCIAL AEROSPACE MARKET

Buoyed by the USD 12.5 billion
deal with SpiceJet, French major Safran’s CEO Philippe Petitcolin has said it
expects more such big deals and higher share in the Indian commercial aerospace
market.

Safran,
which has a significant presence in India across commercial aerospace and
defence segments, has just inked a USD 12.5 billion (over Rs 81,000 crore)
worth deal with no-frills airline SpiceJet for CFM aircraft engines.

The Safran-SpiceJet deal, under which around 340
engines are to be supplied to the budget carrier, is also one of the biggest in
Indian aviation sector.

“Of course, it is a big
deal and when you a sign a deal of more than USD 12 billion you are extremely
happy… It is extremely important for CFM, Safran and General Electric, which
is our partner in this joint venture. We have to produce 340 engines even if it
is over a long period of time, it is something extremely exciting for a company
like ours,” Safran Group CEO and Director Philippe Petitcolin told
PTI.

Speaking
soon after signing the pact with SpiceJet, he also said that India is a growing
country in terms of commercial aerospace market.

Indian
carriers have substantial orders for new aircraft as they embark on ambitious
expansion plans amid growing demand in the domestic aviation space. They are
likely to induct more than 900 aircraft in the coming years.

To a
query on whether Safran expects more deals like that of with SpiceJet,
Petitcolin replied in the affirmative.

Yes of course. India is a growing country in
terms of commercial aerospace market. You have a growth in the range of 17 per
cent a year. We need more and more aeroplanes. We are one of the two leaders
(in engine manufacturing) in the world. We have a market share of over 70 per
cent in the short medium range aircraft segment. We wish to have a better and
higher market share in India,” he said.

SpiceJet
and Safran Group have now finalised the purchase of LEAP-1B engines to power a total
of 155 Boeing 737 MAX planes along with spare engines to support the fleet. The
deal was inked at the Indo- French Economic Partnership signing ceremony on
Saturday on the occasion of French President Emmanuel Macron visit to
India.

CFM engines are manufactured by CFM
International, a joint venture between Safran and General Electric.

The
airline has also signed a ten-year Rate per Flight Hour (RPFH) agreement with
CFM Services that covers all LEAP-1B engines powering SpiceJet’s 737 MAX
planes.


RPFH agreements are part of CFM’s portfolio of
flexible aftermarket support offerings.

Under the terms of the agreement, CFM guarantees
maintenance costs for all SpiceJet’s LEAP-1B engines on a pay by hour basis.

According to Safran India’s
website, more than 1,000 CFM 56 and LEAP engines are in service. The company’s
joint venture with Hindustan Aeronautics Ltd (HAL) in Bengaluru manufactures
CM56 and LEAP components for CFM International. Safran and GE, to provide
maintenance training for operators of CFM56 engines.



CLUB ONE AIR TO DOUBLE FLEET SIZE TO 20, TO SERVICE 300 CITIES

GENERAL TOPICS Posted on Mon, March 12, 2018 09:44:31

Image result for CLUB ONE AIR TO DOUBLE FLEET SIZE TO 20, TO SERVICE 300 CITIES

Luxury
business jet operator Club One Air is looking to double its fleet to 20 planes
in the next two years amid growing demand for chartered flights and the
government’s push to improve regional connectivity.

The New Delhi-based air charter firm currently
has 10 aircraft, four other of them Dassault-made Falcon 2000, in the
fleet.

It largely caters to domestic demand besides
flying to around 50 international cities, its Chief Executive Rajan Mehra
said.

“We
have just inducted the 10th aircraft, a 12-seater Falcon. Going forward we will
be adding more aircraft, which will be bigger, wider and larger in range. We
are aiming to get our fleet size to 15-20 by March 2020,” Mehra told
PTI.

Club One Air, which currently operates from two
bases, New Delhi and Mumbai, is expected to touch 300 cities, including 250
domestic ones, in the current year, Mehra said.

He added that the induction of larger range
planes would help it fly non-stop to London.

“In domestic, we provide
our charter services even in smaller cities. Internationally too, we go up to
Europe besides Southeast Asia and the Far East. But we plan to fly to England
without a halt. The induction of larger range planes will help us achieve
this,” he said.

According to Mehra, private
business jet aviation is poised to clock a good growth as the industry has been
able to convince the government of its untapped potential and huge job
opportunities.

“We
feel that this segment has the potential to further boost the economy. Though
the government’s UDAN scheme is not designed for private jet operators, it
might be a game changer as it may bring infrastructure which was not there so
far. So, if both industry and government act right, the private business jet
aviation could really take off,” he said.

Mehra said that Club One Air is growing in
double digits against the industry norm which remains in the sub-10
range.

“We are looking to clock around 12-15 per
cent growth this fiscal,” Mehra said, without giving specifics.