SpeedNews

FEAM AERO broke ground on $40m, 150,000 sq ft, 3-bay widebody maintenance hangar at Cincinnati for 2023.
MRO

DHL EXPRESS took delivery of second 777F (67141) for operation by SINGAPORE AIRLINES under CM agreement for five aircraft serving routes between North
Air Transport

CENTRAL AIRLINES, China agreed to lease 737-800BCF (36545; ex-Air China) from SMBC Aviation Capital.
Air Transport

CANADA JETLINES was approved by US DOT to serve US markets, pending FAA approval, expected by end 2022.
Air Transport

EVIATION announced orderbook for its 9-seat, all-electric Alice regional aircraft surpassed $2b in value; no other details.
Aerospace

ATI

ATI, TX had $61.1m net income on $1b revenues in 3Q22 vs $48.7m on $726m in 3Q21; High Performance Materials & Components (HPMC) continued its upward
Aerospace

QATAR AIRWAYS CARGO began twice-weekly Doha-Riyadh, Saudi Arabia (777F).
Air Transport

AIR CHARTER EXPRESS (Freight Runners Express) acquired ex-Eastern Saab 2000 (032) from Jetstream Aviation Capital.
Air Transport

iAERO AIRWAYS (previously Swift Air), FL agreed to lease 737-800BCF (30878; ex-TUIfly) from Aero Capital Solutions.
Air Transport

VALLAIR acquired two A320-200s (2372; ex-Air Busan/2393; ex-Red Wings) from ACG for part out at Montpellier, France.
MRO

Alan Stephens to Vice President of Regulatory Affairs of NATA, Washington, DC.
Air Transport

PORTER AIRLINES is building 150,000 sq ft, 2-hangar complex at Ottawa International Airport to support its E2s and Dash 8-400s; the airport authority
MRO

BOOM introduced Watershed Supply Chain project to make clear/informed decisions to action comprehensive decarbonization in lockstep with suppliers to
Aerospace

BRITISH AIRWAYS, LANZAJET and NOVA PANGAEA TECHNOLOGIES agreed to accelerate Project Speedbird, an initiative created by the companies in 2021 to
Air Transport

BAE SYSTEMS opened 278,000 sq ft engineering/manufacturing facility in Cedar Rapids, IA as home to its Navigation and Sensor Systems (NSS) business
Aerospace

AJW GROUP extended 737CL power-by-the-hour (PBH) support contract with Brazil's Modern Logistics.
MRO

PCX AEROSTRUCTURES acquired Timken's Aerospace Drive Systems business (rotorcraft drive system components and subassemblies).
Aerospace

ADSE and FOKKER SERVICES GROUP formed partnership to focus on product and business development, project execution, sharing engineering capabilities
Aerospace

AIR INDIA (Tata Group) acquired AirAsia's remaining stake in AIRASIA INDIA, which holds 5.7% market share in India.
Air Transport

Tony Fernandes stepped down from his senior leadership positions with AirAsia X.
Air Transport

SAS

SAS reached agreements with two additional lessors (seven aircraft) to amend leases, and now has deals with 12 lessors (43 aircraft) as part of
Air Transport

JAPAN AIRLINES had ¥17b net loss for six months ended Sept 30 (vs ¥101b loss in 2021) on 113% higher revenues.
Air Transport