ReportWire

Tag: Commercial Aviation

  • AELF Leases Third 737-800 to FlySafair

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    Financing Provided by Investec


    CHICAGO, February 20, 2025 (Newswire.com)
    –
    Aircraft Engine Lease Finance, Inc (“AELF”) announced it has leased a third Boeing 737-800 to South Africa’s FlySafair. The 2016 vintage aircraft, MSN 40971, was acquired by AELF with financing provided by Investec Bank Limited (“Investec”).

    “We are pleased to support the growth of FlySafair’s fleet and appreciate the opportunity to expand our relationship with Investec,” said Joe Cirillo, Chief Commercial Officer. “Our thanks to both organizations for their work on this transaction, which is directly in line with our strategic growth plans in the narrowbody market.”

    Over the last year AELF has been actively acquiring 737-800s for long term operating lease as it expands its aircraft portfolio. FlySafair operates a narrowbody fleet largely comprised of the 737-800s.

    “Maintaining efficiency on costs and through reliability is core to our business model and we are happy to have aligned with a partner that understands these requirements.” said Kirby Gordon, Chief Marketing Officer at FlySafair.

    MSN 40971 is AELF’s second 737-800 financed by Investec, having also financed a sister ship with the lender last year.

    “We are proud to once again partner with AELF and FlySafair with this transaction,” said Thato Matsha, Aviation Finance at Investec South Africa. “We regard AELF and FlySafair as excellent operators in the aviation sector and are pleased to be able to strengthen the relationships we have built with both in recent years.”

    About the AELF

    Aircraft Engine Lease Finance Inc. (“AELF”) is an experienced commercial aircraft lessor. Based in Chicago, AELF offers customized and flexible financing solutions to airlines and commercial aircraft operators worldwide. AELF has been in operation for a decade and owns a fleet of A330-200s and 737-800s as well as an engine portfolio. The company is strategically expanding its presence in the 737NG market.

    About FlySafair

    FlySafair, South Africa’s leading international low-cost carrier, is a trade name for Safair Operations, based in Kempton Park, South Africa. The airline flies to 15 destinations in Sub-Saharan Africa. FlySafair, which uses the slogan For The Love Of Flying, is the most on-time, low-cost airline in the world.

    About Investec

    Investec partners with private, institutional, and corporate clients, offering international banking, investments, and wealth management services in two principal markets, South Africa, and the UK, as well as certain other countries. The Group was established in 1974 and currently has 7,500+ employees.

    Investec has a dual listed company structure with primary listings on the London and Johannesburg Stock Exchanges. ICIB Disclaimer

    Contact Information

    Amy Phillips
    communications@aelfinc.com

    Source: Aircraft Engine Lease Finance, Inc.

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  • New Avionics Innovation Helps Airlines Reduce 800 Tonnes of Co2 Emissions as WeSky Delivers the World’s Lightest In-Seat Power Solution

    New Avionics Innovation Helps Airlines Reduce 800 Tonnes of Co2 Emissions as WeSky Delivers the World’s Lightest In-Seat Power Solution

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    Commercial Airlines Carbon Footprint is Reduced by over 800 Tonnes Annually for a typical fleet of Single Aisle Boeing or Airbus Aircraft with recharge™️, an Avionics In-Seat Power System

    Press Release
    –

    Dec 12, 2022


    VILNIUS, Lithuania, December 12, 2022 (Newswire.com)
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    While world and business leaders recently converged at COP27 in Egypt making promises to fulfill climate commitments to their 2050 accord, EU based avionics company WeSky launched an innovation that will help the commercial airline industry fulfill theirs; its first of a kind in-seat power system which is the lightest in the world and helps to reduce fuel consumption and aircraft weight thus lowering carbon emissions for a typical single aisle commercial aircraft.

    The WeSky 60W USB Power Supply solution, recharge™️, is typically 70% lighter than existing equipment on the market. Other differentiations include increased flexibility and a faster delivery lead-time in light of current supply chain issues facing incumbent competitors.

    Based on research and typical aircraft performance “this new recharge™️ solution will reduce an Airbus 321 carbon footprint by 16 tonnes/year, compared to other products offered by industry leaders. This means a commercial carrier with a fleet of 50 can save 250 tonnes of fuel consumption per year while also reducing carbon emission by 800 tonnes,” said Vytis Petrusevicius, CEO and Founder of WeSky.

    With effective climate friendly solutions available, the aviation industry has an opportunity to put words into action and not only focus on a shift to using alternative and renewable fuels but also  benefit from the implementation of new equipment which promotes efficiency and helps the environment while also benefiting the consumer.

    “The impact of recharge™️ is extremely significant when you think about how the Aviation Industry can speed up adaptation with such innovation. WeSky hopes to lead in bringing new avionics products to the market that have climate and sustainability at its core. With USB-C common charger regulations taking effect for portable electronics, the airlines will have a reliable solution that reduces the passenger need of traveling with extra battery packs and adaptors which is a further benefit for aircraft efficiency and safety,” said Leslie C. Bethel, WeSky Co-founder and Board Member. 

    About WeSky

    Among many avionics innovations, WeSky develops a smart USB in-seat power solution called recharge™️ that allow commercial airlines to provide enhanced in-flight experiences and operating efficiency through lowering aircraft weight and fuel consumption. 

    WeSky was founded on the sole principle of developing aviation technology and innovation in electronics which can have a positive impact on operational efficiency while also helping legacy industries make immediate progress toward attaining their sustainable goals which is critical to our planet and survival.

    For product demo contact WeSky: info@wesky.aero or visit the website https://www.wesky.aero.

    ***

    For more information contact:

    Vytis Petrusevicius
    Founder and Head of Product Design WeSky UAB
    vytis@wesky.aero +44 (0) 77 217 18545

    Website: https://www.wesky.aero/recharge

    Source: WeSky

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  • SoundChip Unveils SoundPort – an All-in-One, Game-Changing Audio Jack for Commercial Aviation

    SoundChip Unveils SoundPort – an All-in-One, Game-Changing Audio Jack for Commercial Aviation

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    Innovative Jack Technology Streamlines Audio Connectivity On-board Passenger Aircraft by Leveraging Patented Electronics with USB-C.


    Hamburg, Germany, April 3, 2017 (Newswire.com)
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     SoundChip SA, a Swiss-based global leader in wearable sound technology and leading supplier of advanced audio solutions for inflight entertainment, today unveiled SoundPortTM – an audio jack technology which allows all known airline headphone formats, including powered and jack-enabled noise cancelling, and Panasonic HD-AUDIO™ models, to operate with an inflight entertainment system via a single USB-C connector.

    Mark Donaldson, CEO of SoundChip, said, “SoundPort is a game-changer for airlines, supplanting large and expensive multi-socket audio jacks with a single USB-C connector that works with any airline headphone, including new digital models.”

    Until now, to offer noise cancelling on-board, airlines have had little choice but to install audio jacks comprising a multiplicity of 3.5mm and 2.5mm audio sockets in either ARINC type C or D configurations. These jacks have proven to be unreliable, do not support digital audio, and often require enormous force to break the headphone’s plug away from the connector.

    SoundPort eliminates the need for large and expensive audio jacks by relying instead on the extensible capabilities of USB-C combined with SoundChip-patented electronics. SoundPort works with all airline headphone types, including powered and jack-enabled noise cancelling models, conventional stereo headphones, as well as next generation Panasonic HD AUDIO headsets, which bring several new features such as digital audio and voice telephony.

    SoundPort’s integrated electronics autonomously detect the type of headphone connected to the jack and route incoming and outgoing audio signals accordingly. For example, SoundPort provides power to noise cancelling headphones that include their own circuitry, whereas for noise cancelling headphones designed to operate with circuitry in the jack, SoundPort’s electronics perform the noise cancelling processing. For digital headsets, meanwhile, such as those compatible with Panasonic HD AUDIO, SoundPort passes digital signals to and from the headset and includes a powerful firewall to further protect inflight entertainment system data.​

    To make a headphone compatible with SoundPort, including those already in use, requires the headphone’s cable to be swapped to one terminating in a USB-C connector – it’s that simple.​

    SoundPort technology can be deployed in any panel-integrated and remote-jack configuration, including those which are form-and-fit replaceable with conventional USB-A, C and multi-socket jacks.

    Equipment manufacturers and airline customers wishing to learn more about SoundPort can visit SoundChip at Panasonic Avionics’ booth #4A10, or Long Prosper’s booth #1B80, during this week’s Aircraft Interiors Exhibition, or email their inquiry to hdaudio@soundchip.com.

    Media Contact: 
    Mark Donaldson
    Phone: +41.78.612.44.79
    Email: mark.donaldson@soundchip.ch
    Web: www.soundchip.com

    Source: SoundChip SA – Media and Communications

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