SpeedNews

VSE moved its corporate headquarters to Miramar, FL, to be co-located with its Aviation segment headquarters and MRO center of excellence.

ABLE AEROSPACE received FAA approval for its new Safety Management System (SMS) implementation plan to support aircraft maintenance and aircraft component maintenance out of its 250,000 sq ft facility in Mesa, AZ.

BOEING says it is at a low and cannot again tap investors for money to boost its balance sheet. It is now burning through billions of dollars, won't turn cash-flow positive until it ramps up production, and doesn't have money to launch a new jet.

INDIGO leased ex-Ultra Air A320-200 (4399) with CFM56s from Macquarie AirFinance.

FL TECHNICS INDONESIA was approved by Malaysia to maintain A321s, 737-800s and 737-400s at Jakarta and Bali.

STANDARDAERO completed its 4,000th MRO workscope on CF34-3/-8.

AVATION secured $85m portfolio financing facility with a major international bank for refinancing some of its portfolio.

PAKISTAN GOVT has reportedly rejected bid from consortium led by Blue World City to acquire 60% stake in PAKISTAN INTERNATIONAL AIRLINES (PIA) for PKR10b (US$36.11m); Blue World City was the sole bidder.

AEROITALIA plans March 23 to begin Rome Fiumicino-Brno (737-800).

ETIHAD AIRWAYS converted option for three A350Fs to firm orders. It now has 10 on order for delivery starting 2026.

DUBAI INTERNATIONAL AIRPORT is projecting record 91.9m pax in 2024.

AIR PANAMA purchased two ex-Horizon Air Dash 8-400s (4358/4363) from Jetcraft Commercial.

PHOENIX AVIATION CAPITAL acquired 787-9 (40646; leased to AMERICAN) with GEnx-1Bs from ORIX Aviation.

Sean Duffy was selected by President-elect Donald Trump as next Secretary of the US Department of Transportation.

ROYAL JORDANIAN plans mid-March to begin twice-weekly Amman-Washington Dulles (787).

AVELO AIRLINES began twice-weekly Hartford, CT-Cancun, Mexico (737), its second international destination.

AEROVIRONMENT agreed to acquire BLUEHALO, VA (space technologies/cUAS/EW/AI) in an all-stock deal valued at $4.1b; AV will issue 18.5m shares of its common stock to BlueHalo stakeholders, including Arlington Capital Partners.

PAN AM FLIGHT ACADEMY acquired Thales-built Level D 737-700 full-flight simulator for installation at its Miami Training Center in Axis Park.

TECUM EQUITY acquired equity stake in KADON PRECISION AND AEROSPACE, Rockford, IL (precision manufacturing).

BAE SYSTEMS was selected by JetZero to supply active control sidesticks for its blended-wing body aircraft.

FRANKFURT AIRPORT handled 5.7m pax in October, up 0.3% vs October 2023, but still down 11.6% from October 2019; y-o-y cargo increased 3.8%.

CARGOJET AIRWAYS damaged nose landing gear of 767-300BDSF (25576) from runway overrun at Vancouver, BC.