SpeedNews

SPAIRLINERS and FOKKER SERVICES teamed to perform MRO services for variety of LRUs related to power generation, bleed air valves, starters and
MRO

IBERIA plans in April 2022 to begin Madrid-Dallas/-Washington Dulles/-San Francisco (A330).
Air Transport

ASTRAL, Kenya agreed to lease two ex-Capital Cargo 757-200Fs (22812/22910) and ex-ATI 757-200F (23687) from Aquila Air Capital for delivery from
Air Transport

DIRECT MAINTENANCE was selected by Edelweiss, Switzerland to provide A340 line maintenance in Tanzania and Zanzibar.
MRO

TAT TECHNOLOGIES, Israel had $967m net loss on $17.6b revenues in 3Q21 vs $1.6b loss on $16.8b in 3Q20.
Aerospace

AIR ATLANTA ICELANDIC has acquired ex-AirX Charter A340-300 (245) and A340-600 (431); it now has three A340s.
Air Transport

MYANMAR AIRWAYS INTERNATIONAL leased ex-Air Astana E190 (543) leased from TrueNoord.
Air Transport

INTL AIRLINES GROUP had €574m net loss in 3Q21 (vs €1b profit in 3Q19) on 63% lower revenues vs 3Q19 and ended quarter with €10.6b in liquidity. It
Air Transport

VIVA AEROBUS sold third GTF-powered A321neo (10484) to Aviation Capital Group, and leased it back under deal for three.
Air Transport

ROCKROSE AIRCRAFT HOLDINGS won court decision to receive full payment of claims against personal guarantor in Korea for lease termination of A320-200
Air Transport

EXIM guaranteed $194m loan from Citibank and JPMorgan to Panama's Copa Airlines to finance purchase of 737-9s.
Air Transport

AVIANCA sold six A330-200Fs (1368/1380/1528/1448/1506/1534) to Castlelake and leased them back for 10 years.
Air Transport

VIETJET reached agreement with Airbus on delivery timeline for its 119 A321neos on order; as part of deal, it also plans to lease up to three A330s
Air Transport

AIR LEASE CORPORATION had $100m net income on $524.5m revenues in 3Q21 vs $116.6m on $493.6m in 3Q20; it placed quarterly record 64 aircraft with
Air Transport

GE EVERGREEN ENGINE SERVICES (EGAT/GE Aviation joint venture) opened new 13,000 sq meter component repair center in Taiwan to support CF6-80C/-80E and
MRO

SAFRAN LANDING SYSTEMS has 5-year China Eastern contract for landing gear repair/overhaul for 31 A330s at Singapore.
MRO

MTU AERO ENGINES purchased remaining 20% stake in Amsterdam-based MTU MAINTENANCE LEASE SERVICES (MLS) from Sumitomo; MTU then sold its 10% share in
MRO

ENTROL, Spain has order from ITPS, Canada to provide high-fidelity engineering simulator based on its H39 EASA FNPT II MCC/FAA FTD Level 5 simulator.
Aerospace

Kent Jacobs was promoted to President of FLYHT Aerospace Solutions, Calgary.
Aerospace