SpeedNews

DUCOMMUN had $14.6m net income on $388m revenues in 1H24 vs $7.6m on $368.5m in 1H23; Structural Systems sales rose 15%.

SURF AIR MOBILITY, Los Angeles is proceeding with previously disclosed reverse stock split of 1-for-7 shares.

PEXCO, GA acquired PRECISE AEROSPACE MANUFACTURING, CA (injection, compression, transfer molded plastic).

Paulo Ruiz to President and Chief Operating Officer of Eaton, Ireland; he will be assume position of CEO in June 2025 to succeed Craig Arnold.

GAMECO began 12Y-Check on an A380 for Emirates at Guangzhou, marking the first-ever outsourced 12-year check of an A380 by the airline.

URAL AIRLINES is parting out A320-200 (2166) after determining aircraft unworthy due to forced landing in 3Q23.

BOEING has $2.56b USAF contract for two rapid prototype E-7A AEW&C Wedgetails (737-700s); deal includes lifecycle development, training, and support. It is currently producing three E-7As for RAF and aircraft has been selected by NATO.

Todd Navin to President-MRO Services of HAECO Americas, NC; Bill Collins is retiring in January 2025.

Peter Murton to Chief Executive Officer of HAECO Hong Kong; Derek Hui was named Executive General Manager-Operations.

Ben Scheidel to Group Director-Airframe Services of HAECO Group, Hong Kong.

NEW ZEALAND took delivery of its first C-130J-30 as part of order for five through FMS with USAF.

ARCHER reached agreement in principle with Stellantis on manufacturing relationship to include $400m investment to cover labor costs and capital expenditures at Covington, GA to help scale Midnight production to 650 aircraft per year.

THE GILL CORPORATION expanded production of Gillfab 4030 aluminum skin sandwich panels, used in interiors, to accommodate demand.

AIRBUS completed production of its 500th aircraft in Mobile, AL, an A321neo for DELTA AIR LINES; first was completed in 2016. It currently operates two final assembly lines in Mobile for A320 and A220 families; a third is to open in 2025.

ROLLS-ROYCE has Cathay Pacific contract to provide TotalCare support for 30 Trent 7000-powered A330-900s.

WHEELS UP lost $97m in 2Q24 (vs $161m loss in 2Q23) on 41% lower revenues; y-o-y active membership dropped 29%.