FACC announced COMPASS research project with 13 European partners for remanufacturing thermoplastic materials to produce high-quality second-life components.
AIRBALTIC has 3-year wet-lease contract extension to operate scheduled flights for Lufthansa Group starting in summer 2205; deal calls for deployment of up to 21 A220s in summer and five in winter at various hubs in the Lufthansa network.
BRUSSELS AIRLINES (Lufthansa Group) announced plan to add three A330s to fleet in coming years, increasing widebody fleet to 13 to reinforce its Sub-Saharan Africa network. It also plans to upgrade cabins (details TBA).
IAM DISTRICT 51/W24 membership (33,000 machinists) voted overwhelmingly by 94.6% to reject contract offer from BOEING and went on strike on September 13, suspending aircraft production.
AVOLON agreed to acquire CASTLELAKE AVIATION and its $5b portfolio of 105 aircraft on lease, commitments for 13 new-technology aircraft, two engines on lease, and nine loans; portfolio is 68% narrowbody aircraft/70% new technology.