SpeedNews

AIR NIUGINI plans to acquire 11 A220s: six -100s from Airbus and three -300s and two -100s from third party lessors.

Michael Platt announced his retirement as Vice Chairman of LCI (effective end of 2023).

AZERBAIJAN AIRLINES (AZAL) wet-leased three A320-200s from GetJet Airlines for winter season out of Baku.

CAPITAL A (AirAsia) signed LOI with Aetherium Acquisition to merge to create public company listed on Nasdaq.

ITA AIRWAYS, Italy took delivery of new A220-100 (50068) on lease from Air Lease Corporation.

SPIRIT AEROSYSTEMS had $204m net loss on $1.4b revenues in 3Q23 vs $128m loss on $1.3b in 3Q22 and ended quarter with $374m in cash (vs $671m) and $42.2b backlog; it delivered 332 shipsets (83 737s) vs 316 (69) a year ago.

HUGHES NETWORK SYSTEMS was selected by Delta to provide inflight connectivity for >400 717s and regional jets.

STARLUX AIRLINES plans in 2024 to begin Taipei-Seattle (A350-900), its third destination in the US.

BAHAMASAIR plans November 12 to begin twice-weekly Raleigh-Durham, NC-Freeport (737-700).

BAHAMASAIR is expected to acquire ex-Royal Air Maroc 737-700 (33062); it currently has three, plus five ATRs.

IDEAWORKSCOMPANY estimates airline ancillary revenues at $117.9b in 2023 vs $102.8b in 2022 vs $109.5b in 2019.

TORAY INDUSTRIES developed TOAYCA T1200, its highest strength carbon fiber at 8.0 gigapascals (100 kg force per sq mm), 10% higher than T100.

Dómhnal Slattery was named Chairman of SpinLaunch, Long Beach, CA.

DAE earned $207.5m on $898m revenues in Jan-Sept 2023 vs $200.6m on $854m a year ago. It has $3.8b in liquidity.

ABU DHABI INTERNATIONAL AIRPORT opened new Terminal A to handle up to 45m pax annually as key pillar for Etihad Airways' growth strategy.

AMERICAN has launched/announced >50 new routes through summer 2024, including eight new cities: Copenhagen; Tijuana; Naples, Italy; Ocho Rios, Jamaica; Nice, France; Pasco, WA; Governor's Harbour, Bahamas; and Hyannis, MA.

AIR MAURITIUS leased ex-Etihad A330-200 (807) with Trent 700s from Carlyle Aviation Partners.

Jake Williams to Vice President-Business Development & Sales-North America of Embraer Defense & Security, Melbourne, FL.

GARUDA INDONESIA leased ex-China Airlines 737-800 (41335) from Air Lease Corporation (ALC).

AER LINGUS sold second LEAP-powered A320neo (11711) to Griffin Global Asset Management for leaseback.

ANA HOLDINGS had ¥93.2b net profit for six months ended Sept 30 (vs ¥19.5b a year ago) on 27% higher revenues.