SpeedNews

PIEDMONT PROPULSION SYSTEMS and MALAYSIA AIRLINES signed MOU to form joint venture to provide ATR/Dash 8 propeller maintenance for Firefly/MASwings
MRO

VOLGA-DNEPR GROUP sold (its first) new 777 Freighter (66625) to DAE, and leased it back for operation by AIRBRIDGECARGO.
Air Transport

GULFSTREAM AEROSPACE has FAA approval to install VIASAT high-speed, dual internet system on G650/G650ER.
Business Aviation

THE AIRLINE MONITOR is forecasting delivery of 11,334 CFM-powered commercial aircraft over next 10 years (2020-2029); 5,912 aircraft will be delivered
Aerospace

DLR

TURKISH AIRLINES lost US$654m in 1H20 (vs US$203m loss in 1H19) on 42% lower revenues.
Air Transport

ST ENGINEERING reports Aerospace segment earned S$105m in 1H20 (vs S$127m in 1H19) on 1% higher revenues; excluding MRAS, revenues were down 17% due
MRO

AEROMEXICO obtained commitments for US$1b senior secured multi-tranche DIP term loan facility with funds managed by affiliates of Apollo Global
Air Transport

EASYJET sold five A321neos to Jin Shan 37 Ireland (BOCOMM Leasing) for leaseback, completing previously announced SLB program for 23 aircraft
Air Transport

AEROCENTURY lost $13.5m in 2Q20 (vs $0.1m net loss in 2Q19) on 8% lower revenues as a result of rent concessions granted to one of its customers due
Air Transport

LUFTHANSA TECHNIK ordered two A321LRs, which will be modified with multi-mission equipment (for troop transport and medevac configurations) for
Air Transport