SpeedNews

SAMSON SKY, OR validated environmentally friendly thermoplastic carbon composite materials and manufacturing techniques for production of its Switchblade Flying Car, to fly up to 500 miles on single tank of premium auto gasoline.

Dinesh Durgappa joined UK-based BEP Surface Technologies to spearhead its electroless nickel plating project.

MUBADALA and SAFRAN enhanced partnership to accelerate aerospace innovation and development within the UAE, focusing on manufacturing, maintenance, human capital development, advanced materials and space.

FAA plans to review LEAP-1B load reduction device (LRD) that separates fan rotor from surrounding supports in case of broken/damaged fan blade.

LUFTHANSA TECHNIK expanded its Total Component Support program with SWISS to include A350-900s from 2025.

AVIANOR (affiliate of DRAKKAR) secured C$7.6m loan from Canada Economic Development for Quebec Regions (CED) to build $70m, 105,000 sq ft A220 maintenance facility (four lines) at Montreal-Mirabel (SPNWS; June 23, 2023).

WZL2 was selected by Pratt & Whitney to provide F100 maintenance for Polish Air Force F-16s and (if selected) F-15EXs.

GOVT OF ROMANIA confirmed intent to procure 32 5th Gen F-35s from LOCKHEED MARTIN via US Govt FMS deal.

ALL NIPPON AIRWAYS has agreed to be among first airlines to operate out of new Terminal 6 at JFK from 2026.

JEFFERIES reports used business jets for sale in November 2024 totaled 1,277 (5.2% of total fleet), up 8% vs a year ago.

ALLEGIANT amended 737 MAX delivery schedule with Boeing (for 50 aircraft ordered in 4Q21) to reduce deliveries in 2024 and 2025; it will now take delivery of all 50 firm aircraft by the end of 2027 vs end of 2025 in original agreement.

UPS had $1.5m net income in 3Q24 (vs $1.1b in 3Q23) on 5.6% higher revenues. It ended quarter with five aircraft temporarily idled for an average period of six months, which are expected to return to revenue service in 4Q24.

FLYBONDI, Argentina wet-leased (ACMI) two A320-200s from Avion Express to operate through end of March 2025.

ASTRAL AVIATION, Kenya took delivery of ex-Alaska 737-400F (27082) from Avmax Aircraft Leasing (SPNWS; June 21).

COPA had US$146m net income in 3Q24 (vs US$187.4m in 3Q23) on 1.5% lower revenues. It has 110 737s (33 MAXs).

ACERINOX, Spain acquired HAYNES INTERNATIONAL, IN (advanced high-performance alloys) and combined company with VDM Metals to form its High-Performance Alloys (HPA) Division for which it will invest ~$200m through 2028.