SpeedNews

BAE SYSTEMS is in talks to acquire Aerospace business unit of BALL, according to unconfirmed media reports.

MOODY'S INVESTORS SERVICE is forecasting global airline industry's aggregate operating profit will nearly double to $29b in 2023 from $15b in 2022, then topping $40b in 2024, vs $30b in pre-pandemic 2019.

IATA reports y-o-y global pax traffic was up 31% in June on 28.8% higher capacity.

IATA added Air Montenegro (one A320/three E195s) as its 306th member.

CHALLENGE AIRLINES took delivery of IAI-converted 767-300ERF (25588; ex-Air Canada); JAT TEHNIKA performed mod.

HIGH RIDGE AVIATION, CT acquired its first aircraft, 737-8 (44312; leased to LYNX AIR), from Aergo Capital.

MARATHON AIRLINES, Greece leased ex-Azul E195 (361) from Azorra for wet-lease to AIR SERBIA.

TEXTRON AVIATION received certification from Brazil for Cessna SkyCourier high-wing twin turboprop (PT6A-65SCs).

GRIFFIN GLOBAL ASSET MANAGEMENT closed 3-year, $525m unsecured revolving credit facility, led by Mizuho Bank.

LUXWING, Malta leased ex-Flybe Dash 8-Q400 (4088) from Aergo Capital.

GARUDA, Indonesia leased two ex-Oman Air 737-800s (40068/44423) from SMBC Aviation Capital.

ELECTRA AIRWAYS, Bulgaria leased ex-SmartLynx A320-200 (1762) with CFM56s from Carlyle Aviation Partners.

AVION EXPRESS leased ex-Global Airways A320-200 (4628) with V2500s from Zephyrus Aviation Capital.

Anna Isabel V Bengzon to Chief Financial Officer of Philippine Airlines.

UNITED AIRLINES is investing $33m to buy 113 acres of land in Denver for expansion, including its pilot training facility.

JETBLUE says it expects to ground four aircraft by end of 2023 due to issues with GTF engines.