Page 74 - World Airnews Magazine February 2020 Edition

NEWS DIGITAL NEWS DIGITAL

JEJU AIR DELAYS SIGNING TO
RACHEL TO HEAD CESSNA

LEARNING CENTRE ACQUIRE EASTAR JET

business and has excelled in the Science degree in technology training serves operators of
wide variety of positions she management and an Associate Beechcraft, Cessna and Hawker
FlightSafety Textron aviation has held.” of Science in applied business aircraft at 17 learning centres
training has announced that She joined the Cessna learn- from Kansas state university. around the world, using a fleet
Rachel Runner will take over ing centre as an intern from She also received a Master of 89 full flight simulators. Q
the Kansas state Polytechnic
the position as manager of the aviation programme. Upon of Business Administration in
Wichita Cessna learning centre graduation, Rachel then Aviation from Embry-Riddle
in the USA. served in a variety of roles Aeronautical University and
“Rachel is an outstanding with increasing responsibility. holds a private pilot certificate
leader who is dedicated to They included assistant to the from the FlightSafety academy
provide our customers with director of quality management in Vero Beach, Florida.
outstanding service and the systems, operations support The Cessna learning centre
highest quality training,” said and compliance co-ordinator offers training for the Citation
Rich High, CEO FlightSafety and director of quality Sovereign, Sovereign+, Citation
Textron aviation training. management systems. She was X, Citation X+, Encore, Latitude,
“Since joining FlightSafety in promoted to assistant manager and CJ3 using a fleet of six full Jeju Air, South Korea's largest low-cost carrier,
2008, Rachel has developed an of the Centre in 2017. flight simulators. said recently that it had postponed the signing
in-depth understanding of our Rachel earned a Bachelor of FlightSafety Textron aviation of a deal to acquire Eastar Jet to take more time
to conduct due diligence on the smaller budget
carrier.
Jeju Air was originally set to sign a share purchase
ELEMENT agreement with Eastar Holdings in 2019 to take
over a 51% stake in Eastar Jet for 69.5 billion won
SHANGHAI or (US) $60 million.
"The company entered into due diligence of
Eastar Jet and planned to complete it by early two B737 MAXs - on four domestic and 34 international routes to
LABORATORY January. But the process will be extended to the end of January, China, Japan and Southeast Asia.
The two B737 MAXs have been grounded for months amid safety
along with the schedule for the signing," a company spokesman
said. concerns.
SECURES GE S400 bigger market share and strengthening the company's competitive- Ethiopian Airlines plunged to the ground killing 346 people. This,
Boeing promised an early fix after a B737 MAX operated by
The acquisition is aimed at realising economies of scale, gaining a
ness in global markets, Jeju Air said last year when the two sides after the same type of plane flown by Indonesia's Lion Air crashed
CERTIFICATION signed an initial pact for the acquisition. in October 2018, with everyone on board perishing.
The planned acquisition will re-organise the local passenger-car-
It appears it will take some time for the US company to get
rying market, with national flag carrier Korean Air, Asiana and Jeju approval from the Federal Aviation Administration (FAA) for the
Air plus Eastar Jet leading the market along with other low cost plane to fly again.
carriers competing in the highly-competitive market, analysts said. Jeju Air has a fleet of 45 B737-800s - 42 chartered and three
The laboratory offers local access to experts and equipment, With the acquisition, Jeju Air will be better positioned to purchased. The planes serve six domestic routes and 82 interna-
saving customers time and money. The access to Element’s global compete with rivals helped by expanded fleet and routes. If the tional routes, mainly to China, Japan and other Southeast Asian
Element Materials Technology has announced that its recently network of technical capability, capacity and expertise brings airline industry makes a turnaround in terms of business cycle, Jeju countries.
opened state-of-the-art aerospace materials testing laboratory additional benefits to working with the team in Shanghai. Air will benefit from having more planes and routes, Kim Young-ho, Jeju Air net losses is attributed to lower numbers of passengers
in Shanghai, China has added General Electric’s GE S400 to its “The investment in our laboratory has been in direct response an analyst at Samsung Securities said. on routes to Japan since July last year, when Tokyo tightened
impressive list of accreditations. to customer demand for destructive testing services on metals Young-ho said he expected local airlines to continue to suffer regulations on exports to South Korea of three high-tech materials
The 30 000ft ² laboratory provides a materials testing facility and composite materials as the region experiences considerable declines in earnings until the first half of 2020 due mainly to lower crucial for the production of semi conductors and displays.
that specializes in the testing of both metallic and non-metallic growth in our core sectors. This latest certification highlights that demand for travel to Japan amid political tensions between Seoul In August, Japan officially removed South Korea from its list of
materials for the aerospace, medical device, energy and chemical our team in Shanghai consistently delivers the highest standards of and Tokyo over the latter's export cut backs since July. countries given preferential treatment in trade procedures.
processing sectors. testing.” In the January-September period last year, Jeju Air swung to a Japan's moves are seen as retaliatory measures against a Seoul
GE S400 is awarded following an audit process to suppliers who The Element Shanghai laboratory has a fully equipped machine net loss of 17.5 billion won from a net profit of 84.9 billion won court ruling that ordered Japanese companies to compensate
provide services to GE required standards. The audit process shop for specimen preparation and delivers a comprehensive a year earlier. Other local air carriers also posted poor earnings South Korean workers forced into labour during World War II.
ensures suppliers adopt rigorous requirements and specified range of services that include chemical analysis, mechanical results. South Korea has two full-service carriers - Korean Air and Asiana
standards on metallurgical evaluations, mechanical testing and testing, fatigue testing, metallurgical analysis, failure investigation Its net profit plunged to 3.9 billion won in 2018 from the previous Airlines Inc - and seven low-cost carriers namely Jeju Air, Jin Air, Air
related specimen machining. and on-site testing. It also has a number of heat furnaces for the year's 32.2 billion won due to political tensions between Seoul and Busan, Air Seoul, Eastar Jet, T'way and Fly Gangwon.
Element Shanghai is also accredited with ISO/IEC 17025:2017, heat treatment of materials prior to testing. Beijing over the deployment of an advanced US missile defence Two more LCCs - Air Premia Co and Aero K Airlines Co - are
Nadcap, A2LA and a range of OEM approvals. Element’s support of the Chinese aerospace sector is well system, called THAAD, in South Korea in 2017. expected to join the market next year, bringing the country's total
Rick Sluiters, EVP for Aerospace, Element said ,“Since opening established, having successfully delivered a one year project to Eastar expects its earnings to fall further this year as it has number of LCCs to nine.
last year, our new laboratory in Shanghai has acquired accredita- investigate the hydrodynamic behaviour of the new Commercial suspended operation of two B737 MAXs delivered in December AK Holdings, the holding firm of South Korean retail conglomer-
tion and approvals that confirm its place as a leading provider to Aircraft Corporation of China (COMAC) C919 aircraft at the Element since March following two tragic accidents involving the plane. ate Aekyung Group, holds a 59.93-percent stake Jeju Air. (Yonhap).
the aerospace and manufacturing industries in China and beyond. Warwick laboratory in the UK. Q Eastar operates 23 planes - 19 B737-800s, two B737-900ERs and Q

World Airnews |February Extra 2020 World Airnews | February Extra 2020
— 70 — — 71 —