SpeedNews

LOCKHEED MARTIN had $1.7b net income on $16.7b sales in 2Q23 vs $309m on $15.4b in 2Q22; it ended quarter with record $158b backlog. It delivered 60 aircraft/rotorcraft (45 F-35s/four C-130Js/11 helicopters) vs 71 (35/six/30) a year ago.

ARAJET plans October 24 to begin four-times-weekly Santo Domingo-Toronto (737-8).

John W. Dietrich to Executive Vice President and Chief Financial Officer of FedEx, Memphis.

JAPAN AIRLINES plans in March 2024 to begin daily Tokyo Haneda-Doha, Qatar (787-9).

UNITED AIRLINES plans in October to begin SFO-Manila (777-300ER); LAX-Hong Kong (787-9)/-Tokyo Narita (787-10).

PAINE FIELD was renamed SEATTLE PAINE FIELD INTERNATIONAL.

US DOT says US domestic air fares averaged $382 in 1Q23, down 4.1% from 4Q22 and 8.4% vs pre-pandemic 4Q19.

Peter Hopkins to Tax Director of Griffin Global Asset Management, Dublin.

Jose Kling to Senior Vice President-Marketing of Griffin Global Asset Management, Dublin.

IBERIA leased ex-Hainan Airlines A350-900 (112) with Trent XWBs from AerCap.

AVION EXPRESS MALTA leased ex-Aura Airlines A320-200 (4113) with V2500s from Aircastle.

REX leased two ex-Singapore 737-800s (44217/44218) and now has nine 737NGs. It may add two more by end 2023.

GERMANY signed LOA to procure 60 CH-47F Block II Chinook helicopters from Boeing (FMS deal) in 2027-2033.