SpeedNews

PROPONENT was named by Amsafe Bridport as exclusive distributor in Asia Pacific (now global) of cargo restraint/fire protection/safety solutions.
Aerospace

GOGO agreed to repurchase 1.5m shares from BlackRock for $18.3m, dropping BlackRock's stake to under 4.9% meeting its stipulated threshold.
Aerospace

Gregory Davis, President of Eviation, Arlington, WA, was also named Chief Executive Officer.
Aerospace

GEVO broke ground on its first commercial-scale SAF production facility (NZ1) in Lake Preston, SD; official construction is slated to begin in 2023.
Aerospace

ROLLS-ROYCE completed sale of ITP AERO, Spain to investor consortium led by Bain Capital Private Equity, at an enterprise value of €1.8b; sale
Aerospace

BOMBARDIER delivered first Global 6000 in special mission configuration to USAF as part of contract for up to six.
Defense

REX

OMV

OMV, Austria signed SAF supply deals with Lufthansa Group and Ryanair.
Air Transport

NIKON, Japan made investment in OPTISYS, UT (3D-printed antennas).
Aerospace

AIRBUS is expected to begin A321neo final assembly at Tianjin, China by end of 2022; first batch of two large parts (nose and fuselage section) has
Aerospace

PARKER HANNIFIN completed acquisition of MEGGITT for £6.3b; Meggitt will now be called PARKER MEGGITT.
Aerospace

OGMA was selected by Embraer to provide maintenance support, as well as future mods, for the A-29 Super Tucano.
Defense

PRATT & WHITNEY CANADA secured type certification from Transport Canada for PW812GA for the Gulfstream G400.
Business Aviation

ECONOMIC STABILIZATION FUND (WSF) sold remaining shares of its original 20% ownership in LUFTHANSA to various investors via an accelerated
Air Transport

SALAMAIR, Oman plans November 4 to begin twice-weekly Muscat-Prague (A320neo).
Air Transport

US DOT reports US scheduled pax airlines recorded $2.2b cumulative net profit in 2Q22 (vs $1b in 2Q21 and $5.1b loss in 1Q22) on $57.5b operating
Air Transport