100% Bonus Depreciation Acquisition Rules for Constructed Property and Components

first_imgtreat property constructed fora taxpayer under a binding contract as self-constructed, and allow taxpayers to claim 100%bonus on components acquired after September 27, 2017, even if the larger constructedproperty is acquired before September 28, 2017. Similarly, a “self-constructed” componentconsidered acquired before September 28, 2017 under the significant physicalwork test or 10% safe harbor does not qualify for bonus depreciation at the 100percent rate (Reg.§1.168(k)-2(b)(5)(iv)(C)(2)). Significantly, the rules: If the larger property is acquired beforeSeptember 28, 2017, a taxpayer may elect 100% bonus depreciation on componentsof the property that are acquired after September 27, 2017. A  taxpayer makes the election by attaching astatement to the income tax return in the year the larger property is placed inservice. If the election does not apply to all qualifying components acquiredafter September 27, 2017, the statement must identify the components that arecovered by the election (ProposedReg. §1.168(k)-2(c)). 10% Safe Harbor For additional information on the acquisitiondate rules for constructed property see the CCH Answer Connect Topic Pages entitled: Login to read more on CCHAnswerConnect. COMMENT: The 10% safe harbor election isespecially useful in delaying the acquisition date for an accrual basistaxpayer. The cost of property constructed for a taxpayer is generally notincurred until the property is delivered to the taxpayer upon completion of theproject in the case of a turnkey contract (IRSLetter Ruling 201210004, November 22, 2011). Manyconstruction contracts are not turnkey but rather “design-bid-build” methodcontracts. Depending upon the terms of the contract, amounts can be incurred instages (Field AttorneyAdvice 2014020F, January 16, 2014).  It appears that under the “facts andcircumstances” test, construction work on a component built off-site may needto be taken into account in determining whether physical work of a significantnature has begun on the larger structure. The IRS regulations are silent on thispoint except to provide the obvious example  that construction of a retail motor fuelsoutlet assembled from modular units manufactured off site begins when physicalwork of a significant nature begins off-site (Reg.§1.168(k)-2(b)(5)(iv)(B)). The original proposed regulations denied 100%bonus depreciation on all of the components of a larger property acquiredbefore September 28, 2017, regardless of the acquisition date of the components.Consequently, no portion of the cost of the larger property could qualify forthe 100% rate. This means that the acquisition date ofthird-party construction is also determined by reference to the dateconstruction begins under the significant physical activity test or under the 10%safe harbor.  Both of these testssignificantly delay the acquisition date beyond the contract date, making iteasier to qualify for 100% bonus depreciation. Planning or designingSecuring financingExploring or researchingClearing a siteTest drilling to determine soilconditionExcavation to change thecontour of land Election for Components Acquired After September 27, 2017 Property constructed for a taxpayer by athird party is almost always constructed under a binding written contract.Regulations originally proposed by the IRS provided that the 100% bonus ratedid not apply to third-party construction if a binding written contract wasentered into before September 28, 2017. This exclusion for acquired and self-constructedcomponents considered acquired before September 28, 2017, applies even if thelarger self-constructed property is considered acquired after September 27,2017. The cost of an “acquired” component of a self-constructedproperty (including property constructed for the taxpayer under a contract andconsidered self-constructed) does not qualify for the 100% bonus depreciationrate if it is acquired under a written binding contract entered into beforeSeptember 28, 2017 (Reg.§1.168(k)-2(b)(5)(iv)(C)(1)). Property Constructed for the Taxpayercenter_img New final and proposed regulations explainhow to determine the acquisition date of constructed property that can qualifyfor 100% bonus depreciation (Reg.§1.168(k)-2(b)(5); ProposedReg. §1.168(k)-2(c)).Property constructed by or for a taxpayer qualifies for 100% bonus depreciationonly if it is: Property Constructed by the Taxpayer Special Rules for Components of Self-Constructed Property For example, the turbine constructed forthe taxpayer in the preceding example does not qualify for 100 percent bonusdepreciation because it was acquired before September 28, 2017, under both thephysical work of a significant nature and 10% safe harbors. The turbine isconsidered self-constructed because it was acquired under a written bindingcontract entered into before construction began. EXAMPLE: ABC, an accrual basis steelmanufacturer, enters into a binding contract in October 2016 for theconstruction of a turbine that will be part of a self-constructed powergeneration plant. ABC incurs the cost for the turbine when it is delivered inAugust 2017. ABC is treated as acquiring the plant before September 28, 2017,if the safe harbor is elected and the cost of the turbine plus any other costsincurred toward construction before September 28, 2017 is more than 10% of thetotal cost of the plant  (ProposedReg. §1.168(k)-2(c)(7)(ii)), Example 2). Accounting for Deductions Under the Accrual Method Many comment letters asked the IRS to changethis rule and create an exception similar to the one previously provided in Rev.Rul. 2011-26 for the 100% bonus rate that applied to propertyacquired after September 8, 2010, and before January 1, 2012.The IRS agreed to these requests. This rule, however, was abandoned in finalregulations.  Instead, propertyconstructed for a taxpayer under a binding written contract entered into beforethe beginning of construction is considered self-constructed (Reg.§1.168(k)-2(b)(5)(ii)(A)). Under an elective safe harbor, constructionbegins on the date that more than 10% of the total cost of construction is paidfor by a cash basis taxpayer or incurred by an accrual basis taxpayer (Reg.§1.168(k)-2(b)(5)(iv)(B)). The cost of preliminary activities land does notcount toward the 10% safe harbor. Bonus Depreciation or First-Year Additional Depreciation Allowance acquired after September 27,2017, and placed in service before 2023 (orbefore 2024 for “long production property”).  Property constructed by a taxpayer for itsown use is acquired on the date that construction begins. Construction generallybegins on the date that physical work of a significant nature begins. This is afacts and circumstances test. By Ray G. Suelzer, J.D., LL.M. Preliminary activities are not taken intoaccount. Examples of preliminary activities include: Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

Paul Lee says Hotshots should be ready for Gin Kings

first_imgPrivate companies step in to help SEA Games hosting Eduard Folayang focused on takedown defense for Shinya Aoki rematch Don’t miss out on the latest news and information. “We need to be ready, we need to prepare,” Lee said of their game against the Gin Kings, who improved to a 4-3 slate after a gritty stand against league-leading Phoenix Pulse.“I know that they want to exact revenge,” he added, pointing to Magnolia’s semifinal win that dethroned Ginebra in the previous Governors’ Cup. Lee also rued Magnolia’s shaky start into the conference, but said that the team’s focus sights now zero in on its remaining tasks.After the Gin Kings, the Hotshots will face the unpredictable NorthPort Batang Pier. Then, they proceed on taking on the current doormat Blackwater Elite, and the NLEX Road Warriors.“It’s a bummer,” he said of their 0-3 skid that opened the all-Filipino campaign. Magnolia narrowly lost to the Fuel Masters and the second-best team Rain or Shine Elasto Painters.ADVERTISEMENT SEA Games hosting troubles anger Duterte Hong Kong tunnel reopens, campus siege nears end But Lee, ever a cautious cager, says it won’t be easy considering the the caliber of the teams waiting for them as they push through with their elimination round campaign—especially the schedule just around the corner.“We’re always reminded that all of our wins would be for naught if we can’t pull through on the Sunday game,” Lee told reporters in Filipino shortly after a 109-83 decision over the Dyip in Araneta. FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesMagnolia faces Manila Clasico rival Barangay Ginebra this Sunday at the same venue. And a loss would put in peril the Hotshots’ bid for a comfortable place in the playoff round. Right now, Lee and the Hotshots sit on the Philippine Cup’s 7th spot with a 3-4 record. Their four last remaining games should propel them higher in the standings and could get them off the crosshairs of whoever secures the second spot, which will be enjoying a twice-to-beat incentive come quarterfinals. MOST READ Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss 1 dead, 3 injured in Quezon road crashcenter_img Trump campaign, GOP groups attack Google’s new ad policy LATEST STORIES P2.5 B shabu seized in Makati sting, Chinese national nabbed Urgent reply from Philippine ‍football chief Magnolia snared their second straight victory at the expense of Columbian on Wednesday night, and guard Paul Lee hopes this heralds good tidings for the Hotshots.ADVERTISEMENT Lacson backs proposal to elect president and vice president in tandem “The breaks of the game didn’t just go our way,” he said.“We just have to learn from all that. This is the situation now and we just have to be primed for whoever is up ahead.”But first things first: the showdown with the crowd darlings, which Lee knows by heart, is going to be “a battle.”Sports Related Videospowered by AdSparcRead Next View commentslast_img read more

Tom Herman’s Wife Sets Twitter On Fire After Peach Bowl Win

first_imgTexas head coach tom herman watches during the sugar bowlNEW ORLEANS, LOUISIANA – JANUARY 01: Head coach Tom Herman of the Texas Longhorns looks on during the second half of the Allstate Sugar Bowl against the Georgia Bulldogs at the Mercedes-Benz Superdome on January 01, 2019 in New Orleans, Louisiana. (Photo by Jonathan Bachman/Getty Images)Houston coach Tom Herman may be the hottest coaching commodity in the country after leading the Cougars to an upset victory over Florida State in the Peach Bowl on Thursday, but his wife Michelle might have attracted her own set of suitors after the contest. Michelle Herman’s Twitter mentions skyrocketed after she was shown live on ESPN.There are thousands of tweets – you can guess why.Mrs. Tom Herman pic.twitter.com/Pbm7G1dwCL— Busted Coverage (@bustedcoverage) December 31, 2015If Tom Herman’s wife cheated on me I would apologize to her pic.twitter.com/Ilk2BoL5w1— BMOC (@TailgateC9) December 31, 2015Tom Herman’s wife is proof he can recruit. Hubba hubba— Brandon #GoBucks (@fierybuckeye) December 31, 2015Y’all see Tom Herman’s wife? Lawd have mercy— Max Thompson (@itsmaxthompson) December 31, 2015Did @UHouston name their mascot after Head Coach Tom Herman’s wife? Daaang!!! #Cougars @ESPNCFB— Kacey Brown (@KaceBrown) December 31, 2015Tom Herman’s wife….straight up hottie.— Matt (@gatriguy) December 31, 2015Tom Herman’s wife. It’s fair to say the man is winning both on and off the field.— Donny (@DonnyTello50) December 31, 2015Lol Tom Herman’s wife finna break twitter. You guys make me laugh.— Chad (@ChadSpringer) December 31, 2015Life isn’t so bad for Tom Herman right now.last_img read more

Marenave in Promising Talks with Financing Banks

first_imgzoom German-based shipping trust Marenave Schiffahrts said that it has conducted “promising negotiations” with financing banks in order to avoid insolvency.The move comes less than a month after the company received notice from two banks financing the Marenave-fleet stating that Marenave’s restructuring concept, which has been negotiated so far, will not be supported.“Already at the beginning of this week some of the financing banks notified the company that they will support a restructuring concept outside insolvency,” Marenave informed.Additionally, the company said that it received further statements by the respective banks, according to which they will for a limited period of time seriously demand payment from the single ship companies of the amounts due under the respective ship financing loans only to the extent the respective single ship companies actually have the financial capacity to make such payments in light of their revenue situation and the liquidity accumulated until the relevant due dates.“At the same time Marenave shall not be held liable under the guarantees given for the respective ship financing loans,” the company added.Subsequently, the company has concluded that the positive going concern forecast is restored for the company and that all single ship companies are solvent.Marenave expects that “a paper with key issues for a restructuring agreement” between the company and some of the financing banks would be concluded until December 9, 2016.last_img read more

Hundreds of female police officers gather in Calgary at international conference

first_imgCALGARY – Hundreds of police officers from 35 countries are gathering in Calgary this week to discuss issues facing women in law enforcement.The International Association of Women Police conference was organized by a group of Calgary Police Service members to help provide a networking opportunity for female officers.Staff Sgt. Sueanne Ford, co-director of this year’s conference, says it is meant to empower and support women in police organizations.The conference runs until Thursday.Ford says she believes there is definitely forward motion when it comes to gender equality in law enforcement.She says she hopes that everyone who attends will take away something valuable.“I hope they take mentorship. I hope they take some leadership. I hope that they impact change within their organizations,” Ford said.Police Chief Roger Chaffin said the ratio of men to women in the Calgary Police Service is 80-20, but that is slowly changing.“We’ve seen in the last four or five years in our recruit hiring … that it’s rare to see a class that isn’t somewhere between 40 and 50 per cent … female officers, which is good, but that’s only a first start.”Chaffin said real change will come when those new recruits stay with the force and their careers evolve over time.“We need some female leadership in our senior ranks,” he said. “That will take some time yet.”In 2017, Jen Magnus cited sexual harassment and bullying in the workplace when she publicly resigned as a constable with the Calgary force.Chaffin said on Sunday that those situations are impossible to ignore.“I don’t think there is any model of policing that can be successful if they are not willing to listen to difficult conversations, they’re not willing to recognize that there has been harm created in the past and there are people who have been marginalized or hurt or made to feel unsafe in policing,” the chief said.Brenda Lucki, a 31-year veteran of the Mounties, earlier this year became the first woman to be named as full-time commissioner of Canada’s national police force.The RCMP has faced ongoing complaints about sexual harassment and discrimination against female officers.Two class-action lawsuits that alleged a long history of harassment, intimidation and discrimination perpetrated by male Mounties against female colleagues were settled in 2016 and women continue to come forward.(CTV Calgary, The Canadian Press)last_img read more

Born Free USA Ian Somerhalder Foundation Repurpose Fur For Animals In Need

first_imgOn January 28 at Noah’s Ark Animal Sanctuary in Locust Grove, Georgia, Born Free USA and the Ian Somerhalder Foundation (ISF) collaborated for their first joint animal welfare event: a youth initiative called “Give it Back!”Liberty The Lioness Finds Fun With Repurposed Fur ToyCredit/Copyright: Noah’s Ark Animal SanctuaryThe program is part of Born Free USA’s successful Fur for the Animals campaign, which collects donated fur items and then sends them to wildlife rehabilitation centers to provide warmth, comfort, and enrichment to rescued animals in need.At the “Give it Back!” event, nearly 20 kids, ages five to 17, learned the truth behind fur fashion and about the Fur for the Animals campaign (which has collected more than 2,000 fur items since its launch in 2014, valued at more than $4.7 million and representing an estimated 75,000 animals killed). Then, with the help of adult volunteers, the children sewed and crafted cushions and pillows from donated fur coats, hats, and more for the resident wildlife at Noah’s Ark Animal Sanctuary. The children were then able to witness professional animal caretakers delivering the furs to resident foxes, primates, tigers, lions, and bears.According to Adam M. Roberts, CEO of Born Free USA, “It is remarkable to see young people working diligently for wildlife. Their efforts turned something that came from cruelty and misery into items that will bring comfort and enrichment to wild animals recovering from mistreatment and abuse. Approximately four million animals are trapped for their fur every year in the U.S., and millions of others languish in cruel fur farms. The success of our ‘Give it Back!’ event demonstrates that the next generation is paying attention to the needs of all animals and will fight for their welfare.”Actor and CEO of ISF, Ian Somerhalder, said, “Collaboration and youth empowerment are fundamental components of our mission. This was a perfect example of doing that by partnering with Born Free USA, Noah’s Ark, and motivated, inspired young change makers. Together, we collaborated to actually ‘Give It Back!’ as a part of the Fur for the Animals campaign to repurpose old fur clothes for injured and abandoned creatures. The fashion fur trade industry is a horrific example of animal cruelty, but with this campaign and the dedicated hearts of these youth volunteers, we were able to take a stand against fur for fashion and reclaim it by sewing pillows, blankets, and enrichment toys for rescued animals. Thank you to everyone involved!”Kaitlyn, an 11-year-old who volunteered at the event, was grateful for the opportunity and lessons learned. “This is really fun and it’s great that we’re giving back to the animals. I kind of already knew fur was bad, but I didn’t know how many animals it takes to make one fur coat. It’s nice doing this for animals. Instead of buying beds for them, we can just give fur back to them!”Allison Hedgecoth of Noah’s Ark Animal Sanctuary added, “Noah’s Ark is thrilled to partner with such incredible, passionate animal advocacy organizations like Born Free USA and the Ian Somerhalder Foundation. In addition to our rescued animals benefiting, being part of an event that has such a profound impact on children was simply amazing and is, in fact, what Noah’s Ark is all about: bringing children and animals together. I couldn’t be happier with how the event turned out, and we are so blessed to be part of a movement to create a more enlightened, sustainable, and compassionate society.”last_img read more

Press Release JetBlue introduces new Core Experience for A320s

first_imgJetBlue today announced that its newest cabin experience has entered into service, bringing to the skies the widest seats available for this aircraft, custom-designed seatback inflight entertainment (IFE) with 100+ channels of DIRECTV and hundreds of free movies and shows, ability to pair your mobile device to the screen, easy-to-reach power sources at every seat, and expanded coverage of free Wi-Fi connectivity almost everywhere JetBlue flies.JetBlue’s Airbus A320 aircraft, which make up the majority of the airline’s fleet, are being updated for the first time since the airline disrupted the industry with onboard live television and all-leather seats in 2000.The restyling effort has been several years in the making, with the latest aircraft marking the first to receive this all-new 2019 design. The aircraft, named “If You Can Read This, You’re Blue Close,” re-joins JetBlue’s fleet today, with roughly a third of JetBlue’s A320 aircraft scheduled for restyling completion by the end of the year.“JetBlue rocked the airline industry in 2000 with seatback television and all leather seats. In our first makeover since, this incredible new onboard experience represents what the founders would have done if they were launching JetBlue today,” said Marty St. George, executive vice president and chief commercial officer, JetBlue. “The new experience brings together technology, entertainment, and comfort with the great service JetBlue customers love so much.”For most of the airlines 100+ destinations the A320 restyling will bring the upgraded JetBlue experience to their city for the first time.A major focus of the restyling is keeping customers connected throughout their flight, including a new inflight entertainment system, high-definition seatback televisions, in-seat power outlets with USB ports and continued free gate-to-gate Fly-Fi high-speed internet with an expanded coverage area – including throughout the Caribbean and Latin America where Fly-Fi had not been available until now.The Widest Seat Available For the A320In 2019, JetBlue will outfit its A320 aircraft with the Collins Meridian seat, customized for the airline’s needs and featuring a number of design elements with customer comfort in mind:Expanded seat width of more than 18 inches, the widest available for the A320.The most legroom in coach of any U.S. airline (a).Enhanced cushion comfort.Adjustable headrests, a new feature for JetBlue’s A320.Contoured seatback design at knee level creating additional living space for every customer.Redesigned seatback stowage options, including an innovative elastic grid to accommodate a variety of customer items.At least two easy-to-reach power connections at every seat.“We are proud to partner with JetBlue on its A320 restyling project by supplying our Meridian Seat,” said Cynthia A. Muklevicz, Vice President, Account Management, Interiors for Collins Aerospace. “Meridian offers passengers industry-leading comfort and living space through an intense focus on ergonomic design supported by optimization of the underlying seat structure.”Inflight entertainmentAlso in 2019, JetBlue will build on its reputation as an industry leader in inflight entertainment options with Thales AVANT and ViaSat-2 connectivity. With this system, JetBlue will offer customers aboard its restyled A320s expanded entertainment choices in nearly every region the airline flies (b). JetBlue is the only major U.S. airline with seatback entertainment screens at every seat on every aircraft.10.1 inch, 1080P high definition screen at every seat.More than 100 channels of live television with DVR-like pause and rewind functionality.Expanded collection of on demand movies, TV shows and video content, plus new gaming features.Destination-specific content allowing customers to enhance their travel experience.Picture-in-picture functionEnhanced, 3D flight map offering multiple ways to track time to destination.Personal handheld device pairing capabilities for use as a remote or gaming controller.Expanded Fly-Fi connectivity, providing coverage to nearly the entire JetBlue network.“Thales is proud to have been a business partner with JetBlue since the beginning of their IFE evolution. The airline has reimagined the flying experience, and with our custom-designed AVANT IFE solution, we’ve helped JetBlue reimagine their customer experience on the A320 platform,” said Philippe Carette, Chief Executive Officer, Thales InFlyt Experience. “We look forward to collaborating with the airline to create new opportunities that wow their customers with a unique and personalized inflight experience.”“Thales is proud to have been a business partner with JetBlue since the beginning of their IFE evolution. The airline has reimagined the flying experience, and with our custom-designed AVANT IFE solution, we’ve helped JetBlue reimagine their customer experience on the A320 platform,” said Philippe Carette, Chief Executive Officer, Thales InFlyt Experience. “We look forward to collaborating with the airline to create new opportunities that wow their customers with a unique and personalized inflight experience.”“JetBlue continues to be an industry leader in its approach to inflight internet—bringing free, high-speed connectivity to every customer onboard,” said Don Buchman, vice president and general manager, Commercial Aviation, Viasat. “We’re honored to once again partner with JetBlue on inflight connectivity, giving them access to ViaSat-2, the world’s most advanced satellite network, enabling all JetBlue customers to enjoy fast Fly-Fi service on more routes where JetBlue flies.”Completing The 2018 PhaseThe first phase of JetBlue’s A320 interior cabin restyle began in spring 2018 and modernized the airline’s so-called “classic interiors” with products that matched those found on the airline’s newer A321 aircraft – features such as more modern seats and larger seatback TVs. More than a dozen A320 aircraft have been restyled with these products so far and several more are scheduled for completion in the coming weeks. This spring the restyling will fully transition to the 2019 version of onboard products for all aircraft going forward.About JetBlue AirwaysJetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 42 million customers a year to 100+ cities in the U.S., Caribbean, and Latin America with an average of more than 1,000 daily flights. For more information please visit jetblue.com.last_img read more

Press Release Recaro invests EUR 65m in RD for business class seats

first_imgWhile the global passenger seat market will grow with an average five percent per year, Recaro Aircraft Seating expects a spike in demand for business class seats in particular. A trend further fueled by passengers’ expectations for airliners to deliver ‘individualized living spaces’ onboard. To be fully ready to answer market needs, Recaro has invested heavily in its R&D for business class seats.For most airliners, business class seating has become the signature product for their passengers as it offers most possibilities to reflect the airline brand. Integrating innovative features in business class, also helps them differentiate from the competition. At the same time passengers expect carriers to deliver individualized comfort in the sky, especially when it comes to business class. This has led to an increase in appreciation for business class seats.As a global supplier of premium aircraft seats for airlines and OEMs, Recaro has identified the evolutions in business class and in the aircraft seating market in general for the years to come.Business class to become the new first classThere will be a – further – decline in the number of first class seats in the foreseeable future: few airliners still offer first class and when they do they tend to go for a superior first class-product with limited availability. Recaro also sees a rise in demand for a wider range of business class seats. Similar to economy+ and premium economy being available next to regular economy, business class will have different category seats offering more or less features.Further development of a highly individualized business class productThe evolution towards more business class will have an effect on the business class seats themselves: since airlines have started to eliminate first class from their long-range fleet, business class has become an even bigger differentiator than it already was. Carriers expect a highly individualized product with a premium look & feel. Privacy, connectivity and interactivity, comfort and wellbeing as well as an individually adjustable seating environment equipped with personal air-conditioning and a mini-bar will become the new normal in business class. Passengers expect their own “individual living space” in the sky and that is what they will get.Bespoke and platform (business class) seatsFive-star carriers strive to be ahead of their competition by bringing innovations to the aircraft cabin. As such, these airliners expect tailor-made “bespoke” products for all their seats. Carriers with smaller fleets, on the other hand, often do not have the means to bear the costs nor the resources to go through an entire product development process. They prefer to go with a mature and/or off-the-shelf platform product, that has proven to be successful with one of the 5-star carriers, enhanced with customized features.Increase in demand for premium economyBusiness class moving up to replace first class seats, widens the gap with the economy class seats and increases the need for an‘intermediate’ economy segment. Over recent years Recaro has seen a higher demand for premium economy seats. They foresee this trend to continue in the years to come.“Recaro has a reputation of delivering high quality seats on time, be it in business, premium economy or economy class,” says Dr. Mark Hiller, CEO and Shareholder of Recaro Aircraft Seating. “In order to uphold that reputation and meet increasing demand in the business class seating, we invested heavily in research & development for that specific class. This means we are now more than ready to answer to our customers’ every need.”Recaro Aircraft seating will announce a number of innovations for the business class category at the Aircraft Interiors Expo in Hamburg from April 2nd to April 4th.About RECARO Aircraft SeatingRECARO Aircraft Seating sees itself as a solution provider for its customers. As a global supplier of premium aircraft seats for airlines and OEMs, the company reported a growth averaging 10% over the past 15 years. RECARO employs 2300 people worldwide and exceeded half a billion euros in sales in 2018. It is the global market leader in the economy class seating. To secure its strategic expansion, RECARO is investing hundreds of millions in product innovation in business class seating. Over the next 5 years, it will also invest in significantly expanding its headquarters in Schwäbisch Hall as well as its sites in China, Poland and the USA. With this, RECARO consistently underpins its corporate vision of “Driving comfort in the sky”. The aim: become market leader in economy and business class seating while maintaining a permanent customer focus.About Recaro GroupThe Recaro Group comprises the independently operating divisions Recaro Aircraft Seating in Schwäbisch Hall and Recaro eGaming in Stuttgart as well as the Recaro Holding located in Stuttgart. The Group’s consolidated sales amounted to 540 million euros in 2017. Currently the Group employs more than 2,400 employees at its locations around the world. The automotive seating business as well as the child seat and stroller business are operated by licensees.last_img read more

Airbus expands Hamburg A350 Customer Definition Centre

first_img Physical supply samples, including for safety equipment, are on hand. Image: John Walton Real-world, touch-and-feel CMF in natural light streaming into the hangar is a PaxEx plus. Image: John Walton Inside a heritage pre-WWI hangar at Airbus’ German factory headquarters now sits the extended and rebranded Airspace Customer Definition Centre, a high-tech hub for airlines, suppliers and Airbus to conceptualize, refine, test and customize their cabins. The A320 and A330 are joining the previous site for the A350 XWB, resulting in the addition of the “Airspace” cabin brand to the centre.“It’s really building on the success of the A350 Customer Definition Centre,” senior vice president for marketing and customer affairs François Caudron told Runway Girl Network in an interview at the event. “That has really demonstrated that customers love it — they really get inspired, it helps them making the right decisions, and therefore when we ramped up on the A320 and A330 we needed to offer a consistent experience.”“We have a consistent offering,” Caudron explained. “Airspace cabins are being deployed on the A330 and A320. It’s about consistency in the ways of working and experience throughout the definition. The A330 was a no-brainer, because they work side-by-side with the A350. The A320, what really pushes it is the success of the A321, and the A321LR in particular. We’re going to be seeing a lot more of those flying transatlantic routes, which means the A321 is coming into widebody territory, so you need to rethink your cabin offering.”Four and a half square kilometres of space over two floors includes 3D visualization rooms, VR cabin spaces, real-world mockups with seats from a half-dozen linefit and retrofit manufacturers, materials and finish spaces, digital mockups, and floor projection systems for all three aircraft types. With a focus on collaborative working, breakout areas, technology and interactivity, the space is impressive, with media including Runway Girl Network escorted through mockup after mockup, digital room after digital room on an hours-long tour.Widescreen 3D rooms really pop once you have the glasses on. Image: John WaltonHighlights from a modern #PaxEx perspective include CATIA-based digital cabin CGI systems in 2D, 3D and VR, which can be loaded with a variety of inputs from sub-suppliers including seats, lavatories, galleys and other monuments, and tested for changes immediately: swap out seat X for seat Y and see how that changes the cabin, for example.Real-world mockups, too, are crucial to the experience, with multiple sets of frames for each aircraft family. Impressively, the Airbus A320 version includes the rear door sections of its highest-density 188-seater LOPA, where the rear two seats stick out somewhat towards the Space-Flex lavatories mounted in the rear bulkhead.With the max-pax layout mockup, airlines absolutely know what they’re getting and what they’re offering passengers. Image: John WaltonThe Airbus staffer demonstrating the products was very clear on the purpose of this mockup: it is to ensure that airlines going for a max-pax configuration know precisely what they’re purchasing.Notable also by its presence was a mockup of the pre-Airspace A320 fuselage but with the new XL bins that are available now for order. Here, too, airlines can see exactly what’s on offer and discuss human dynamics: will flight attendants with body size profiles in their region be able to reach the bins, for example?A mockup of the current A320 cabin with the new XL bins brings the option home to customers. Image: John WaltonAirbus will run multiple airlines through the new centre at the same time, with centre staffers suggesting between 2-3 customers per week for a total duration of perhaps 2-3 weeks for an A350.In addition, Airbus will also continue to seek feedback and strategic guidance from the airlines at the ACDC, says François Caudron. “We run four times a year the Customer Experience Teams: those are places where we actually ask customers to explore concepts, to validate some of them. We get them to help us understand their expectations. We capture their needs, we capture their wishes. That helps us setting the market trends for the coming years.”For airlines, making more Airbus aircraft behave like each other is a big win. “When you develop a common cabin control device like the CIDS at the front where you control the cabin, lighting, air conditioning and temperature, you want to put it across the board because then it generates some savings for the airline in terms of training of their crew, interoperability, deploying them from one aircraft to another,” Caudron explained to RGN.“Commonality is not only in the cockpit,” Caudron said. “It also works in the cabin.”Scale projection of cabin layout options can help visualise both the cabin and problems within it. Image: John WaltonImage Gallery: Using digital certification for early checks on cabin configurations saves time and rework. Image: John Walton Related Articles:Airbus delights in airline design reaction to A320 Airspace options JetBlue to launch Airbus Airspace cabin for A320 familyAirbus’ A320 Airspace cabin grows bins, modernises cabinAirbus looks to define A320 Airspace with tick-tock model in playAirbus talks Airspace reception, supplier-furnished seatsAirbus asks, and skips, business class questions in Airspace cabinAirbus Airspace cabin is built with Coach Comfort in mindlast_img read more

Press Release LS includes partners in expanded BoardConnect portfolio

first_imgLufthansa Systems today announced that it is presenting an expanded BoardConnect portfolio at this year’s Aircraft Interiors Expo (AIX) in Hamburg. The airline IT specialist is responding to changing demand in the market and the different needs of airlines and partners.“BoardConnect is the perfect open platform for combining all of the features desired in the field of inflight entertainment & connectivity (IFEC) to further improve the passenger experience. We work with various partners to offer airlines exactly what they are looking for,” said Jan-Peter Gänse, Head of Passenger Experience Solutions at Lufthansa Systems. “In order to meet customer requirements even more precisely, our portfolio will now distinguish between solutions for airlines and partners.”BoardConnect DockWith its new BoardConnect Dock solution, Lufthansa Systems is providing technology, content and financing partners with a BoardConnect framework for creating their own onboard program. Depending on the partner, this might include a connectivity portal, classic IFE content or a platform with booking options and targeted advertising to generate additional revenue. This approach is reflected in successful projects carried out with Epteca at AirEuropa and Mahata Aero Teknologi for Citilink, and Garuda Indonesia.For its refinancing models, Lufthansa Systems is additionally working with providers such as WhileFly and repay.me. In terms of content providers, its partner network includes Touch, Lasker, IMM and PXCOM, and is supplemented on a technical level by IMD, optile, INADVIA, RIM and Lufthansa Technik.BoardConnectBoardConnect is Lufthansa Systems’ complete solution for the digital passenger experience that continues to address airlines of all sizes with different business models. In addition to traditional IFE features such as moving maps, movies, music, games and destination information, customers can choose the content they want from a wide range of services available through Lufthansa Systems’ strong partner network. This content can also be provided simply and easily from the cloud if desired.Visit Lufthansa Systems from April 2 to 4 at AIX at stand #4B11.Caption (Copyright: Lufthansa Systems): For an even better passenger experience – Lufthansa Systems presents new BoardConnect portfolioAbout Lufthansa SystemsLufthansa Systems GmbH & Co. KG is a leading airline IT provider. Based on long-term project experience, a deep understanding of complex business processes and strong technological know-how, the company provides consulting and IT services for the global aviation industry. More than 350 customers worldwide rely on the know-how of IT specialists at Lufthansa Systems. Its portfolio covers innovative IT products and services which provide added value for its customers in terms of enhanced efficiency, reduced costs or increased profits. Headquartered in Raunheim near Frankfurt/Main, Germany, Lufthansa Systems has offices in 16 other countries.last_img read more