SpeedNews

TIDE ROCK acquired CABLENET AEROSPACE, which specializes in turnkey applications for GSE out of 20,000 sq ft facility in Denver.

FLYARYSTAN received its AOC from Aviation Administration of Kazakhstan. It had been operating under Air Astana's AOC.

CEBU PACIFIC, The Philippines agreed to sell four A330-900s to Avolon for leaseback for delivery 2H24-2026. AVOLON expects widebody delivery slots from manufacturers will be sold out to 2030 by end 2024, resulting in a very tight market.

GRIFFIN GLOBAL ASSET MANAGEMENT announced closing by GGAM Finance of offering of $400m senior unsecured notes.

Jan Belina to Deputy Chief Executive Officer of SmartLynx Airlines.

PANASONIC AVIONICS was selected by Croatia Airlines to provide Ku-band satellite connectivity for 15 A220s on order.

AUTOFLIGHT, China delivered first 5-seat Prosperity all-electric eVTOL aircraft to undisclosed Japanese customer in preparation for demonstration eVTOL flights at the 2025 Osaka World Expo, as well as a wider AAM rollout in Japan.

Nicolas Behr to Vice President for Contracts of Safran Cabin.

PROPONENT acquired Southern California-based stocking distributor HC PACIFIC, which its says brings an additional 56,000 products to its portfolio and important strategic relationships with key suppliers in military marketplace.

PROPONENT, CA was selected by New Hampshire Ball Bearings as distribution partner for its bearing products for aerospace aftermarket.

Dr. Yuta Yamanoi to Managing Director of Instrument Systems, Munich.

STANDARDAERO completed stand-up of its LEAP maintenance capabilities at San Antonio, TX for CTEM shop visits.

LAUNCH was selected by Aspire MRO to provide a Total Labor Management Solution, incl a dedicated Delivery Team (recruiting/program management).

PSA AIRLINES opened E175 line maintenance base at DFW, its ninth in its network.

ATOPS EUROPE was established to provide EASA-approved engine maintenance out of 35,000 sq ft facility in Portugal.

GARMIN delivered first shipset of standby flight instruments for the Lilium Jet, to make its first flight in late 2024.

SHELTAIR opened 52,000 sq ft large business jet hangar complex at Denver's Rocky Mountain Metropolitan Airport.

FEAM AERO opened new 150,000 sq ft, 3-bay widebody hangar at Cincinnati/Northern Kentucky International Airport, complementing existing 103,000 sq ft hangar inaugurated in Jan 2020; it invested $45m in project (SPNWS; March 22).

SUNVAIR AEROSPACE GROUP, CA completed its first 787 landing gear overhaul under contract with Boeing.

ASCENT AVIATION SERVICES broke ground on new two widebody hangars at Pinal Air Park in Marana, AZ to handle 777-300ER freighter conversions for IAI; $55m investment will add 180,000 sq ft hangar/60,000 sq ft shop capacity.

RYANAIR began building €130m 737 simulator and training center in Krakow to handle 10 simulators starting in 2025.

AZAL AZERBAIJAN AIRLINES wet-leased two A320-200s (2157/4108) from Heston Airlines, Lithuania.

Thomas Gabreyohannes to Chief Executive Officer of Zambia Airways.

Auvinash Narayen to Chief Investment Officer of AerFin, UK.

KOREAN AIR finalized previously announced order for 27 A350-1000s and six A350-900s as part of fleet modernization and replacement program that also includes 50 A321neos, 10 787-9s, 20 787-10s and 30 737-8s (SPNWS; March 22).