This newsletter provides headlines, corporate appointments, key figures and business opportunities in the French aerospace sector. It is meant as a business tool between the UK industry and the aerospace team at the British Embassy in France, with the aim of channeling industry interest in pursuing new opportunities highlighted in the newsletter.
FRANCE AEROSPACE SECTOR NEWS
- AIRBUS SALE TO INDIGO PARTNERS
Airbus sealed its largest-ever contract during the Dubai Air Show in November with Indigo Partners, a US-based private-equity firm with partial or total ownership of several airlines in America and Europe. The deal is for 430 aircrafts, including 273 A320neos and 157 A321neos for a reported $49.5 billion. Airlines that will use the aircrafts include Frontier Airlines, JetSmart of Chile, Volaris of Mexico, and Wizz Air of Hungary. The deal more than doubles Airbus’ previous order book for the year, which stood around 290 aircraft and pushes the plane maker’s backlog above 7,000 aircrafts.
- RECORD YEAR FOR THE LEAP ENGINE
CFM International (JV between GE Aviation and Safran Aircraft Engines) has secured over 2,500 new orders of its LEAP engine so far this year. Cedric Goubet, Executive Vice President, Commercial Engines at Safran Aircraft Engines recently stated that the group “will likely finish the year with over 3,000 orders and between 1,800 and 1,900 deliveries of CFM56 and LEAP engines” which “exceeds expectations”. CFM’s market share on single aisle aircrafts now exceeds 60% with a total order book of 14,000 engines. The LEAP is providing operators with a 15 percent improvement in fuel consumption and CO2 emissions compared to the CFM56 engine, along with significant reductions in engine noise.
Christian Scherer, CEO of aircraft manufacturer ATR, estimates that orders of new ATR aircrafts in 2017 will be 50% higher than in 2016. In November, ATR had received 112 orders and 28 letters of intention with major contracts from Indian airline Indigo and FedEx since the beginning of the year. It has also been reported that although ATR is contemplating a change in its legal status to smooth the path towards the launch of a new aircraft programme, no decision has been made about a 90-100 seater. ATR currently has aircrafts in service with 200 airlines in 100 countries.
Airbus, Rolls-Royce and Siemens are teaming up to develop hybrid electric engine plane technology in a push towards cleaner aviation. The companies are looking to produce a demonstrator of the plane by 2020, with commercial applications by 2025. The E-Fan programme began in 2012 with a collaboration between Airbus and Rolls-Royce. Airbus will be responsible for the control architecture of the hybrid-electric propulsion system and batteries, and its integration with flight controls. Rolls-Royce will be responsible for the turbo shaft engine and 2 megawatt generator, while Siemens will deliver the 2 megawatt electric motor.
FRANCE CORPORATE APPOINTMENTS
Eric Schulz, the French-born President of Civil Aerospace at Rolls-Royce, will move to Airbus at the end of January to replace John Leahy, Chief Operating Officer – Customers. Eric Schulz started his career with Aerospatiale-Sogerma and has held senior management positions at UTA, Air France, AOM, Air Liberté-British Airways, Goodrich, EADS and Rolls-Royce.
FRANCE AEROSPACE BUSINESS OPPORTUNITIES
The Latecoere Innovation and R&T team in Toulouse has made us aware of their interest in companies of all sizes offering innovative technologies in optical fibers, transponders and optical connections.
Sabena Technics’ purchasing team is looking to connect with organisations specialising in VIP interiors design and fitting for work on Boeing 737s.
For additional information please contact:
Charly Gordon (email@example.com) – British Embassy Paris
Catherine Cestari (firstname.lastname@example.org) – British Consulate Bordeaux