SpeedNews

HONEYWELL completed acquisition of CAES SYSTEMS (formerly Cobham Advanced Electronic Solutions), VA from Advent International for $1.9b to enhance its radio frequency (RF) business for defense electronics (SPNWS; June 21).

Defense

SETDCO GROUP agreed to order five 19-seat N219s from PT Dirgantara Indonesia for DEMOCRATIC REP OF CONGO.

Defense

CURTISS-WRIGHT has $26m Belgian Air Force contract to provide new cable systems and related turnkey services in support of F-35 fleet (34 on order); agreement also provides various services, spares, repair, and overhaul for flight ops.

Defense

AIR INDUSTRIES GROUP signed marketing agreement with All-System Aerospace to pursue Foreign Military Sales in 17 countries to expand distribution of its precision components/assemblies in Europe, Middle East, Asia, and Pacific.

Defense

DAE

WIZZ AIR plans June 2 to begin Abu Dhabi-Milan Malpensa (A321XLR).

Air Transport

SOLYU, Korea agreed to order 30 PHA-ZE 100 zero-emissions amphibious aircraft from JEKTA for third-party leasing.

Air Transport

AIRBALTIC is adding 16 new routes by mid-2025 (A220): Riga-Rzeszow/-Stavangar/-Mykonos/Cluj-Napoca; Tallinn-Barcelona/-Palma/-Hamburg/-Reykjavik/-Tirana; Vilnius-Tel Aviv/-Prague/-Chisinau/-Rhodes/-Valencia/-Tirana/-Ibiza.

Air Transport

CYPRUS AIRWAYS leased ex-Egyptair A220-300 (55059) from Azorra and now has three A220s.

Air Transport

AERCAP announced offering of $2.4b in senior unsecured notes ($1.3b due in 2029/$1.1b due in 2034) for general corporate purposes, including to acquire, invest in, finance or refinance aircraft assets and repay indebtedness.

Air Transport

Manuel Álvarez to Chief Revenue Officer of Flybondi, Buenos Aires.

Air Transport