SpeedNews

DAE CAPITAL completed 665 transactions (273 lease agreements/280 purchases/112 sales) in '25 vs 384 transactions (233 lease agreements/83 purchases/68 sales) in 2024. DAE ENGINEERING booked >1.8m man-hours vs 1.5m in '24.

Elias Dimitiri to Vice President-Flight Solutions Group for Sub-Saharan Africa of GA Telesis.

AERCAP completed 705 transactions (371 lease agreements/145 purchases/189 sales) in 2025 (240 in 4Q25) vs 812 transactions (496 lease agreements/150 purchases/166 sales) in 2024 (178 in 4Q24); it signed financing transactions for $13.2b and received cash insurance proceeds of approximately $1.5b in respect of its assets lost in Russia in 2022.

SKYTED was selected by Safran Passenger Innovations to provide its silent call technology for RAVE IFE systems for non-disruptive communication.

Clinton Kent to Vice President of Strategy of Precision Aviation Group.

CRANE closed acquisition of PRECISION SENSORS & INSTRUMENTATION (PSI), Armenia from Baker Hughes for $1.06b.

AE INDUSTRIAL PARTNERS agreed to acquire controlling interest in the Space Propulsion and Power Systems business of L3HARRIS TECHNOLOGIES at a total enterprise value of $845m. It plans to restore and use the ROCKETDYNE name.

DESTINUS GROUP acquired Zurich-based DAEDALEAN (AI systems for aviation) in transaction valued at US$225m.

Luzius Rickenbacher to Chief Executive Officer of LANTAL Group, Switzerland, succeeding Dr. Urs Rickenbacher.

Lars Wagner assumed position of CEO-Commercial Aircraft of Airbus.

AAR commenced exclusive distribution agreement with TRIUMPH for its commercial actuation product line used on various Airbus/Boeing aircraft.

TURKISH AIRLINES says it plans to build $2.3b air cargo terminal and inflight catering facility (site/timeframe TBA).

BIMAN BANGLADESH AIRLINES is expected to order eight 787-10s, two 787-9s and four 737-8s.

CHINA EASTERN AIRLINES plans March 30 to begin Shanghai Pu Dong-Tashkent (A330-200).

MICHELIN, France agreed to acquire TEX-TECH INDUSTRIES, NC (specialty textiles and fabrics) from Arlington Capital Partners, which will then spin-off FMI INDUSTRIES (composites), which includes the recently acquired Fiber Materials from Spirit AeroSystems and the Engineered Composites division from SGL Carbon, into an independent company.

SETNA iO purchased ex-Condor 757-300 (29019) with RB211-535E4s for part out by ECUBE at St Athan, Wales.