EBAA launches yearbook 2021
The latest EBAA yearbook, launched last week at the Association’s virtual annual general meeting, is a visual overview of Business aviation’s economic contribution across Europe in 2020. The publication informs Europe’s political, regulatory and Business decision makers about the industry’s vital role in job creation, in connecting destinations with poor scheduled airline links, and for urgent travel, including the race to develop COVID19 vaccines.
Now in its seventh edition, the latest EBAA yearbook offers expanded and richer digital content. Its data is broken down into three sections: 40 country profiles; 50 airport profiles; 50 top active aircraft types. Statistics for 2020 include economic output, jobs, aircraft movements, market share and connectivity.
The EBAA yearbook can be accessed here: www.ebaa.org/industry-data . The yearbook is accessible to EBAA members and non-members, with members having secure access to an additional layer of content.
Carlyle to acquire aircraft lessor FLY Leasing
Global investment firm The Carlyle Group announced this week that it has signed an agreement to acquire Fly Leasing Limited. Under the terms of the agreement, FLY shareholders will receive $17.05 per share in cash, representing a total valuation of approximately $520 million. The total enterprise value of the transaction is approximately $2.36 billion. FLY’s portfolio of 84 aircraft and seven engines is on lease to 37 airlines in 22 countries.
William Hoffman, Chairman of Carlyle Aviation Partners, said, “This transaction, our largest fleet acquisition to date, will add 84 predominantly mid-life aircraft on lease to a diversified group of airlines to our managed portfolio.” Carlyle Aviation Partners has total assets under management of $6.1 billion, with a team of more than 90 employees and offices in the US, Ireland and Singapore. Carlyle Aviation Partners has 246 aircraft owned, managed or committed to purchase with 93 airline lessees in 53 countries. www.carlyle.com
IATA releases 2020 safety report
The International Air Transport Association (IATA) released data for the 2020 safety performance of the commercial airline industry:
- The total number of accidents decreased from 52 in 2019 to 38 in 2020.
- The total number of fatal accidents decreased from 8 in 2019 to 5 in 2020.
- The all accident rate was 1.71 accidents per million flights. This is higher than the 5-year (2016-2020) average rate which is 1.38 accidents per million flights.
- IATA member airlines’ accident rate was 0.83 per million flights, which was an improvement over the 5-year average rate of 0.96.
- Total flight operations reduced by 53% to 22 million in 2020.
With a fatality risk of 0.13 for air travel, on average, a person would have to travel by air every day for 461 years before experiencing an accident with at least one fatality. On average, a person would have to travel every day for 20,932 years to experience a 100% fatal accident.
For the first time in more than 15 years there were no Loss of Control Inflight (LOC-I) accidents. “The lack of any such events in 2020 was a positive development. Nevertheless, based on the initial reports from the investigation into the tragic loss of Sriwijaya Air SJ 182 early in 2021, we must continue to learn and improve,” said Alexandre de Juniac, IATA’s Director General and CEO.
People: Antonia Gilbert, new Senior Regional Sales Manager, Western and Southern Europe
Gulfstream Aerospace has appointed Antonia Gilbert senior regional sales manager for western and southern Europe. She reports to Florian Thiele, Gulfstream Customer Support executive regional sales manager for Europe, the Middle East and Africa. Her new responsibilities include supporting regional customers with their maintenance program strategies and aircraft enhancements. Gilbert is based in Vienna.
Antonia Gilbert has spent more than 12 years in various positions within business aviation touching different angles of the industry. She earned her bachelor’s degree in tourism and leisure management from the University of Applied Sciences IMC FH Krems, Austria. After finishing her Bachelor’s degree she started working as a Sales representative at Jetalliance in Austria and then continued her career at Global Jet Concept in Geneva, Switzerland. 2015 Antonia decided to sell aircraft maintenance & FBO services for Jet Aviation, where she assisted with customer maintenance needs and pre-purchase inspections.