SpeedNews

AERSALE, FL had $0.14m net loss on $92.5m revenues in 3Q23 vs $9m profit on $51m in 3Q22; it completed flight equipment sales of $44.8m (seven engines and a 757-200F) with several sales, including another 757-200F, moved to 4Q23.

Aerospace

SAFRAN CABIN, Czech Republic delivered its 5,000th A320 galley shipset.

Aerospace

TRANSDIGM GROUP agreed to acquire CPI's Electron Device Business (electronic components) for $1.385b.

Aerospace

Renata Sumskaite to Chief Executive Officer of Sensus Aero (Avia Solutions Group), Vilnius.

Aerospace

AIRBUS confirms production ramp-up on A220 program is continuing towards rate of 14 aircraft/month in 2026 and rate on A320 Family program is progressing well towards previously announced 75 aircraft per month in 2026. It has decided to increase production rate of A350 to 10 per month in 2026 and continues to target rate of four A330s per month in 2024.

Aerospace

AZORES AIRLINES took delivery of new LEAP-powered A320neo (11664) on lease from Air Lease Corporation.

Aerospace

AIR NIUGINI leased ex-Ethiopian 737-800 (40966) from DAE Capital.

Aerospace

BREEZE plans to begin Myrtle Beach, SC-Providence, RI on Feb 15 and -Tampa, FL/-Charleston, WV on May 10 (A220).

Aerospace

AIRBUS had €806m net income on €14.9b revenues in 3Q23 vs €667m on €13.3b in 3Q22; Commercial Aircraft earned €783m (vs €763m) on 22% higher revenues and says it still plans to deliver ~720 aircraft in 2023 (232 in 4Q23).

Aerospace

ORNGE, Canada ordered 12 new PC-12s for 2026-2030 to modernize its air ambulance fleet of eight PC-12NGs.

Business Aviation

IAI

SAS

Michael Canario to Chief Executive Officer of Qarbon Aerospace (Arlington Capital Partners portfolio company), Dallas.

Aerospace