Xiaofei WU

Switzerland’s local industry will receive offset benefits as part of its procurement of 36 F-35A Lightning II aircraft. Mercury Mission Systems International SA announced on 21 March that it will be expanding on the manufacturing of defence technologies at its facilities in Geneva, in collaboration with Lockheed Martin. The collaboration will particularly focus on embedded computing technologies, under two engineering development agreements. The Swiss company also expects to receive further opportunities for expansion of its capabilities from the Federal Office for Defence Procurement armasuisse. “This project provides financing to Mercury Mission Systems to establish work involving two key security-relevant technologies, per armasuisse’s offset policy: software-defined radio technologies and cryptology,” a Lockheed spokesperson told #CTO. “The F-35 programme will create employment opportunities and advanced technology transfer to Switzerland.” This development results from an offset agreement concluded in 2022 against Switzerland’s purchase of the F-35s. Lockheed’s offset obligation involves localising 60 percent of the total F-35 contract value, which comprises 20 percent direct offset by 2030 and 40 percent indirect offset by 2034. Find out more in the latest issue of the CTO newsletter 👉 Link in the comments. #CTO #offset #defenceindustry #Switzerland #technologytransfer #collaboration #localisation #F35

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Cirium Ascend Consultancy’s Value Review Board has completed an extensive review of the ATR Family. ATR 72-600 Market Values increased by as much as 11% while lease rates on new-build examples went up by 3%. While storage levels remain high at 20% indicating further room for improvement, actual aircraft marketed for sale or lease remain at low levels. ATR 72-500/210 MLRs increased by as much as 31%, while Bulk and LCD freighter MVs improved by up to 12%, following analysis on the P2F market dynamic (including retirement trends) and observation of recent conversion costs. On the ATR 42, the -600 saw MVs increase by as much as 12% (depending on vintage), while the 42-500 improved further by as much as 49% from a low base.

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Our #Aviation #SustainabilityBriefing interview with Antoine TOULEMONT of European Regions Airline Association & AURA-AERO looks into how regional aviation looks set to make significant progress in transforming aviation towards sustainable solutions🍃. Regional aviation has the potential to be the first segment to achieve the rollout of sustainable aircraft technology, to use extensively sustainable aviation fuel, and to optimise air traffic services. 🔌 In our #ASB interview, Antoine explains some of the current key challenges facing the regional aviation market, and how electric manufacturer AURA AERO is making significant progress in terms of developing hybrid-electric regional aircraft. 👉 Read the interview here: https://lnkd.in/ehAtU2CH

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Coinciding with the DRIFTx Abu Dhabi ‘24, Volar signed a collaboration with Inovartic of Abu Dhabi to commercialize pioneering green aviation in Abu Dhabi. This is a significant milestone that demonstrates Volar’s commitment to expanding societal impact and driving sustainability efforts in the MENA region. Abu Dhabi's position as a leading hub for aviation, innovation, and sustainability makes it an ideal hub to launch pioneering Green Aviation. Its proximity to multilateral institutions and green aviation stakeholders will further enhance cooperations, knowledge sharing, and accelerate the adoption of eco-friendly aviation practices across MENA. Further, the Emirati leadership has strong aspirations to lead in green initiatives globally and has developed an enabling ecosystem and infrastructure for greentech and sustainability-focused companies. We look forward to witnessing more pioneering policies and initiatives from the policy makers to drive green aviation across the MENA region, and globally 🍀🛫🌴 https://lnkd.in/g_Qhdiy3

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Luxaviation Group to offer SAF at Paris Le Bourget FBO Luxaviation Group announced that it will begin to provide sustainable aviation fuel (SAF) options at its Paris Le Bourget fixed base operator (FBO) facility. The FBO will supply a maximum blend of up to 35% SAF with Jet A1 fuel, certified to meet the highest standards. The SAF provided is derived from used cooking oil, a renewable feedstock which is refined through the Hydrotreated Esters and Fatty Acids (HEFA) process. “As the industry aligns with global environmental goals and the Business Aviation Commitment on Climate Change, sustainability stands as a cornerstone of Luxaviation Group, paving the way for a more sustainable future in aviation. We strive to set new standards and inspire others to join us in embracing innovation to enhance corporate social responsibility,” said Patrick Hansen, CEO, Luxaviation Group. #SAFAviation #SustainableAviationFuel #CleanAviation #ReduceCarbonEmissions #NetZeroAviation #AviationSustainability #DecarbonizeAviation #FutureOfAviation #SustainableTravel Read full below. https://lnkd.in/e-kyJfnV

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ATR, a European manufacturer of regional aircraft, has announced that Cambodia Angkor Air, which will be rebranded as Air Cambodia in 2025, has ordered three ATR 72-600 aircraft to expand its fleet. #IndiaOutbound #IndiaOutboundMagazine Cambodia Angkor Air ATR Nathalie Tarnaud Laude https://lnkd.in/ge3ZqJgp

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How is simulation applied in aircraft body engineering? ✈ LAUAK is a tier one aerospace supplier to OEMs such as Airbus, Dassault Aviation, Bombardier and more! Jérémy Pion, the Head of Technical Services at LAUAK GROUPE, describes the importance of simulation for both product and process design, and quantifies the significant savings gained. ➡ https://lnkd.in/ejc3cfbf  #simulation #digitalengineering #tooling #aerospace

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Etihad Airways has decided to exercise an option for three Airbus A350 next-generation freighters, bringing its total order to 10 aircraft, said Stanislas Brun, vice president of cargo. https://lnkd.in/en4cvUyG

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NEW: Airbus CEO Guillaume Faury personally communicated with a middleman in a Kuwait helicopter deal even as the aerospace giant was under investigation in other countries for using intermediaries to bribe customers. Airbus Helicopters, led by Faury at the time, has said it stopped paying middlemen in the spring of 2015. But correspondence obtained by OCCRP and French outlet Revue XXI shows Faury was still sending emails well into 2016 to an intermediary, Farid Abdelnour, about a contract to provide Kuwait’s defense ministry with 30 military helicopters. Another Airbus executive emailed in 2016 Abdelnour about payment for his work. Abdelnour later used some of his correspondence with Airbus to successfully bring a 12-million euro arbitration case against Airbus for non-payment of invoices. After Kuwaiti officials learned of the arbitration, they looked into whether the payment constituted “commissions” on the contract, despite assurances by Airbus that none had been or would be paid, according to leaked correspondence between Airbus and the Kuwaiti government. In January, Kuwait’s parliament accused Airbus of using “fraud and deception” and claimed 349 million euros in wasted Kuwaiti public funds. In 2020, Airbus struck $3.9 billion deals with French, U.K., and U.S. prosecutors to avoid charges over suspect payments it made to middlemen to secure contracts in at least a dozen countries. The deals are known as “deferred prosecution agreements,” which suspend criminal proceedings in exchange for the defendant meeting certain conditions and paying a fine. Click below to read the full investigation, by Sana Sbouai, Clément Fayol, and Antoine Harari. https://lnkd.in/g_Z5B7x3 #AerospaceIndustry #foreignmilitarysales #Armaments #Avionics #Aircraftmanufacture #CombatSystems #FraudPrevention #Airbus #Kuwait #MOD #DefenseContracts #Bribery #AntiCorruptionCampaign Transparency International Rory Donaldson International Chamber of Commerce

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We are extremely proud to announce that we have joined the Swiss Triple Impact (STI) program and are now part of the #STIDirectory. Sustainability is a topic close to our hearts and we are most proud of our commitments to not only focus on our own #sustainability goals, but to also extend the impact of it into our #aviation #supplychain. Learn more about our four key commitments ➡️ https://bit.ly/4f54Mqy    #SDGs #teamSTRADE

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StandardAero has achieved a significant milestone for India’s aviation sector by securing DGCA approval for its Pratt & Whitney Canada PW100 Designated Overhaul Facility in Gonesse, France. This enables direct support for over 100 PW127M engines powering ATR 42/72 aircraft in India. Leveraging global expertise, StandardAero's cost-effective, reliable MRO services will bolster the performance and reliability of Indian fleets, driving growth in the country’s MRO industry. Jeff Poirier Eli Nations Tom Rooke Kevin Poulin Kevin Poulin Luciano Rondinone Lou Vogler Katie Higgins Alejandro Mayoral Alex Thagard Cameron Mazurek, P.Eng Flowers Chad Philippe Albrecht Andrew Ferguson Valerie Perron Cedric Gauthier Maxime Labrecque, MBA Adrienne Bajaj Frédéric Lefebvre Laurent Bouyer Camilo Rendon Maria Della Posta Azzedine Amri Michael Ellbogen Alexandre Gagnon Sébastien Turcotte Tim Swail James Cristal #aviation #aerospaceindustry #PW100 #aviationmaintenance #engine #overhaul #aviationgrowth #globalexpertise #aviationnews #aviationupdates #aircraftmaintenance #mroservices #innovation #aircraftengines #aviationtechnology #avgeeek #aviationdevelopment #sustainability #regionalaviation #aviationefficiency #aviationpartnerships #mro #mrobt #mrobtnews Read More👉: https://lnkd.in/dRcmZrbZ

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Cirium Ascend Consultancy’s business aviation Value Review Board team concluded changes to over 25 aircraft types / variants during August. Of note, reductions by as much as 13% were actioned on the Citation X, while a review of the M2 and Mustang shows stability at present. Most variants of the Hawker 125 Family also showed stability, asides from increases by 8% on the 850XP. Increases also took place on Gulfstream’s G500 (6% for in-service fleet), and across all variants of the Beechcraft King Air Family which continues to exhibit very strong market conditions with low availability and high liquidity. Improvements ranged, but were by as much as 16%. 

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News Release 📢 | Certification of the LEAP-powered Airbus A321XLR by EASA? Done ✅ We are celebrating certification of the #CFMLEAP-powered Airbus #A321XLR by the EASA - European Union Aviation Safety Agency. Entry into service is expected later this year.   “Certification of the CFM-powered A321XLR is an important milestone in providing our operators much greater route scheduling flexibility,” said Gaël Méheust, president and CEO of CFM International. “The engine was always designed with 35,000-lb. thrust capability for longer range, higher max takeoff weight aircraft. As a result, no engine modifications were required, giving operators the added benefit of 100 percent commonality with their existing A320neo family fleets.”   #DidYouKnow? ✅ LEAP is the first engine certified on this application ✅ To date, 1️⃣ 1️⃣ airlines and lessors have selected LEAP engines to power more than 1️⃣ 9️⃣ 0️⃣ A321XLR aircraft   Read the press release ➡ https://lnkd.in/eAPDZ6Vj   GE Aerospace | Safran - Propulsion | Airbus Aircraft

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🚀 𝐁𝐢𝐠 𝐂𝐡𝐚𝐧𝐠𝐞𝐬 𝐀𝐡𝐞𝐚𝐝 𝐟𝐨𝐫 𝐔.𝐒. 𝐒𝐩𝐚𝐜𝐞 𝐋𝐚𝐮𝐧𝐜𝐡 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬! 🌌 The U.S. Federal Aviation Administration(hashtag #FAA) has announced the formation of a new committee to update its "Part 450" launch and reentry licensing rule. The aim? Greater clarity, flexibility, efficiency, and innovation to keep pace with the explosive growth of the commercial space sector. With a 30% increase in licensed operations in FY 2024—and projections to double by FY 2028—this is a pivotal moment for the industry. 📈✨ 💡 𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬: Part 450, introduced in 2021, was designed to simplify licensing but now needs refinement to meet the industry's fast-evolving demands. The FAA licensed 148 commercial space operations in FY 2024, with SpaceX leading the charge with over 100 orbital missions. A new advisory committee of industry and academic experts will provide recommendations by late summer 2025. More about it here https://lnkd.in/d3s2GNFP 𝐄𝐥𝐨𝐧 𝐌𝐮𝐬𝐤, 𝐂𝐄𝐎 𝐨𝐟 𝐒𝐩𝐚𝐜𝐞𝐗, 𝐰𝐡𝐨 𝐡𝐚𝐬 𝐨𝐟𝐭𝐞𝐧 𝐜𝐫𝐢𝐭𝐢𝐜𝐢𝐳𝐞𝐝 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐛𝐨𝐭𝐭𝐥𝐞𝐧𝐞𝐜𝐤𝐬, 𝐧𝐨𝐰 𝐡𝐨𝐥𝐝𝐬 𝐚 𝐩𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐫𝐨𝐥𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐧𝐞𝐰 𝐚𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐚𝐬 𝐜𝐨-𝐥𝐞𝐚𝐝𝐞𝐫 𝐨𝐟 𝐭𝐡𝐞 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐨𝐟 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 (𝐃𝐎𝐆𝐄), 𝐚 𝐛𝐨𝐝𝐲 𝐭𝐚𝐬𝐤𝐞𝐝 𝐰𝐢𝐭𝐡 𝐜𝐮𝐭𝐭𝐢𝐧𝐠 𝐛𝐮𝐫𝐞𝐚𝐮𝐜𝐫𝐚𝐜𝐲 𝐚𝐧𝐝 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐢𝐧𝐠 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬. 𝐂𝐨𝐮𝐥𝐝 𝐌𝐮𝐬𝐤’𝐬 𝐝𝐮𝐚𝐥 𝐢𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞 𝐚𝐬 𝐚 𝐤𝐞𝐲 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐩𝐥𝐚𝐲𝐞𝐫 𝐚𝐧𝐝 𝐚 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐚𝐩𝐩𝐨𝐢𝐧𝐭𝐞𝐞 𝐚𝐟𝐟𝐞𝐜𝐭 𝐭𝐡𝐞 𝐛𝐚𝐥𝐚𝐧𝐜𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐟𝐨𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐞𝐧𝐬𝐮𝐫𝐢𝐧𝐠 𝐩𝐮𝐛𝐥𝐢𝐜 𝐬𝐚𝐟𝐞𝐭𝐲? 𝐓𝐡𝐢𝐬 𝐝𝐲𝐧𝐚𝐦𝐢𝐜 𝐫𝐚𝐢𝐬𝐞𝐬 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐛𝐨𝐮𝐭 𝐡𝐨𝐰 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐬𝐡𝐚𝐩𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐦𝐢𝐧𝐠 𝐲𝐞𝐚𝐫𝐬. 🛡️⚖️ 𝐌𝐲 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞: While streamlining processes is essential to maintain U.S. leadership in the global space race, we must ensure that hashtag #safety, hashtag #environmentalsustainability, and hashtag #public hashtag #trust are not compromised. The industry's rapid expansion requires collaborative oversight, but how will this balance be struck when one of its most influential leaders now plays a direct role in regulatory discussions? This is a fascinating moment for the intersection of innovation, governance, and industry influence. What do you think—will Musk’s new role foster progress, or could it lead to regulatory gaps that affect the industry's long-term integrity? Let’s discuss! 🚀💬 hashtag #CommercialSpace hashtag #FAA hashtag #SpaceRegulations hashtag #Innovation hashtag #SpaceX hashtag #ElonMusk hashtag #space hashtag #spaceindustry hashtag #NewSpace

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