SpeedNews

GRIFFIN, Dublin closed offering by GGAM Finance of $400m in senior unsecured notes to finance aircraft acquisitions.

TUI agreed to sell three new 737-8s to SMBC Aviation Capital for leaseback; first (44629) was delivered to TUIFLY.

VPT, VA (HEICO subsidiary) received AS9100D certification for quality.

AVIA SOLUTIONS GROUP (>100 subsidiaries) earned €316m on €1.64b revenues in 3Q23 vs €242m on €1.34b in 3Q22.

ETIHAD AIRWAYS plans April 22 to install the A380 on one of its two daily Abu Dhabi-JFK flights; other uses 787-9.

EVE signed MOU with flynas to explore operation of eVTOLs in Saudi Arabia (Riyadh and Jeddah) starting in 2026.

AIR INDIA took delivery of second A320neo (11774) on lease from CDB Aviation as part of deal for six (SPNWS; Nov 6).

FERROVIAL sold stakes in FGP TOPCO (holding company of London Heathrow Airport) to PIF, Saudi Arabia (105) and ARDIAN, France (15%).

ROLLS-ROYCE set mid-term target operating margin of 15-17% for Civil Aerospace, up from 2.5% a year ago. It will focus on widebody and business jet markets to leverage value of Trent and Pearl while investing in future with UltraFan.

AIRBUS forecasts global commercial aircraft services market will grow from $130b in 2023 to $255b by 2042; 'maintenance' market is to grow from $108b to $210b, 'enhance' from $11b to 28b and 'train and operate' from $11b to $17b. It sees 20-year need for an additional 2.2m workers: 680,000 technicians, 59,000 pilots and 920,000 cabin crew.

Frederico Pedreira to President and Chief Executive Officer of Avianca, Colombia.

CAPITAL AIRLINES, China agreed to lease MAE-converted A330-300P2F (908; ex-SmartLynx) from CDB Aviation.

URBANX AIR was established by Global Crossing Airlines to pursue UAM in South Florida using Eve eVTOL aircraft.