SpeedNews

By Stephen Costley

PATRIOT DYNAMICS signed agreement with CFM International to purchase six LEAP spare engines (three -1A/three -1B).

Aerospace

By Stephen Costley

MTU AERO ENGINES had €227m net profit on €2.4b sales in 3Q26 vs €250m on €2.1b in 3Q25. It has €29.8b backlog.

Aerospace

By Stephen Costley

HOWMET AEROSPACE, PA had $567m net income on $2.7b sales in 3Q26 vs $385m on $2.1b in 3Q25.

Aerospace

By Stephen Costley

CHROMALLOY has order from Bulgaria's Cargo Air for two sets of PMA HPT blades for CFM56-7Bs for 2027-2028.

Aerospace

By Stephen Costley

HONEYWELL AEROSPACE had $737m net income on $4.6b sales in 3Q26 vs $654m on $4.5b in 3Q25; it has $19.3b backlog. It also announced plan to build $500m, 300,000 sq ft manufacturing facility in Tempe, AZ for 2H28 for growth.

Aerospace

By Stephen Costley

AIRBUS posted €1.3b net income on €17.5b revenues in 3Q26 vs €1.1b on €17.8b in 3Q25. Commercial Aircraft segment earned €1.4b on €12.8b vs €1.3b on €13.1b and confirmed previously announced guidance to deliver 870 aircraft in 2026 (547 delivered through end of September). It is still targeting monthly production of 13 A220s by 2028, 70-75 A320 Family aircraft by end 2027 (stabilizing at 75 in 2028), five A330s in 2029 and 12 A350s in 2028.

Aerospace

By Stephen Costley

WERNER AERO acquired ex-Air Burkina E195AR (050) and ex-Azul E195LR (600) for part out in Toulouse/Greenwood, MS.

MRO

By Stephen Costley

ITP AERO MEXICO was certified by FAA as authorized repair station to test CFM56-5A/7B and LEAP-1A/1B engines at Querétaro.

MRO

By Stephen Costley

ECLIPSE AEROSPACE, NM agreed acquire RESURGENT AVIATION SOLUTIONS (RAS), IL (aftermarket parts/repairs for fleet of about 260 Eclipse VLJs); RAS had announced in May 2026 plan to liquidate all assets and cease operations.

Business Aviation

By Stephen Costley

HEATHROW handled 7.2m pax in September, down 2.3% vs Sep 2025.

Air Transport

By Stephen Costley

AJET leased ex-Go First A320neo (7330) with GTFs from SMBC Aviation Capital.

Air Transport

By Stephen Costley

KALITTA AIR is being rumored as previously undisclosed customer for eight A350Fs ordered in August 2026.

Air Transport

By Stephen Costley

AZORRA says it completed 56 aircraft/engine transactions (25 leases/six purchases/10 sales/15 deliveries) in 3Q26 vs 75 (23 leases/35 purchases/two sales/15 deliveries) in 3Q25. It ended quarter with owned/managed/committed fleet of 230 aircraft, 91 engines and 10 airframes vs 142 aircraft, 49 engines and 103 committed aviation assets a year ago.

Air Transport

By Stephen Costley

Michalis Kouveliotis to Chief Executive Officer of AEGEAN.

Air Transport

By Stephen Costley

HEART AEROSPACE, Los Angeles has secured $2.9m award from FAA to advance its ES-36 hybrid propulsion system under agency's Continuous Lower Energy, Emissions, and Noise (CLEEN) public-private partnership program. With an equal cost share from Heart, the award supports a $5.8m, 24-month HYPER R&D and demonstration project.

Aerospace