SpeedNews

Bill Kircher to Chief Executive Officer and Executive Vice Chairman of CTS Engines, FL; Vesa Paukkeri will transition to CCO, based in Helsinki.

MRO

AERSALE opened 2-bay, 112,000 sq ft MRO hangar at Millington (near Memphis), TN to join its existing facilities at Goodyear, AZ and Roswell, NM to provide narrowbody heavy checks and modifications, plus storage and disassemblies.

MRO

SAS

SAS reorganization plan in Sweden that includes a description of its debt settlement proposal and proposed resolutions on issuance of new unlisted shares to new investors: Castlelake, Air France-KLM, Lind Invest and the Danish state.

Air Transport

PIPER AIRCRAFT received Flight into Known Icing (FIKI) certification from FAA for its M700 FURY.

Business Aviation

SKYSERVICE is setting up dedicated capacity at Calgary, Toronto and Montreal for Gogo AVANCE connectivity installs.

Business Aviation

EATON AEROSPACE COMPONENT SERVICES ASIA was formed in Malaysia by Eaton (51%) and SIA Engineering (49%) as joint venture to inspect, test, repair, maintain, modify and overhaul Eaton-manufactured aircraft components.

MRO

CARGOJET has 3-year contract from China-based Great Vision HK Express to operate Hangzhou-Vancouver (767-300F).

Air Transport

AIR LOGISTICS TRANSPORTATION ALLIANCE (ALTA) was formed to establish an advanced air mobility (AAM) system for Utah by 2034.

Air Transport

QATAR AIRWAYS CARGO and MASKARGO agreed to establish joint cargo business operations in Qatar and Malaysia.

Air Transport

GRIFFIN GLOBAL ASSET MANAGEMENT upsized its senior unsecured revolving credit facility with 12 lenders to $1.2b.

Air Transport

MESA AIR GROUP provided update that it has completed sales of six of the 15 surplus CRJ900 airframes and 10 of the 30 surplus CRJ engines, associated with its $50.4m Regional Aircraft Securitization Program (RASPRO) finance lease.

Air Transport

MTU MAINTENANCE CANADA completed its 1,500th shop visit.

MRO

Stephen Maiden to Chief Executive Officer of West Star Aviation, OH; Allen McReynold was named President and COO.

Business Aviation

ADAC, Germany ordered (through Aero-Dienst) a Challenger 650 for delivery in 2026 for medical transport.

Business Aviation