SpeedNews

IAG

AFI KLM E&M renewed deal with Kuwait Airways to provide GE90-115B (777-300) maintenance through 2029.
MRO

LUFTHANSA TECHNIK has exclusive 3-year AMP contract to provide consumable and expendable (C&E) materials.
MRO

GENERAL DYNAMICS AEROSPACE earned $312m on $2.3b sales in 3Q22 vs $262m on $2.1b in 3Q21; book-to-bill ratio was 1.15 vs 1.57 a year ago. GULFSTREAM
Business Aviation

FAA

MONTE, UK ordered 25 Eco Caravans from Ampaire, and optioned 25, as part of preferred partnership whereby MONTE will become Ampaire’s preferred
Aerospace

BOEING posted $3.3b net loss on $16b revenues in 3Q22 vs $132m loss on $15.3b in 3Q21 and ended quarter with total backlog of $381b ($307b commercial/
Aerospace

FRONTIER AIRLINES had $41m net income on $906m revenues in 3Q22 vs $87m on $669m in pre-pandemic 3Q19. It has 115 A320 Family aircraft on leases that
Aerospace

SPIRIT AIRLINES posted $36.4m net loss on $1.3b revenues in 3Q22 vs $83.5m net income on $992m in pre-pandemic 3Q19; it ended quarter with $1.3b in
Aerospace

OGMA was authorized by Embraer to perform E2 heavy maintenance after certification from by the Portugal's ANAC.
MRO

AJW GROUP was selected by Arajet, Dominican Republic to provide power-by-the-hour 737 MAX component support.
MRO

FL TECHNICS, Lithuania was selected by Wizz Air for A320 wheel/brake support over the next five years.
MRO