SpeedNews

IAI BEDEK replaced Pickle Fork frame fittings on its first 737-800 (under FAA AD) during routine C-check; it worked with Boeing.
MRO

AERFIN was selected by Great Dane Airlines to provide component support three E195s under BeyondPool flight hour-solution.
MRO

EMBRAER unveiled Phenom 300MED for Medevac operations. It is working with UMLAUT on STC using AEROLITE equipment.
Business Aviation

VIRGIN GALACTIC announced underwritten public offering of 20.5m shares of common stock to raise $460m in gross proceeds for general corporate purposes
Aerospace

SPIRIT AEROSYSTEMS had $256m net loss in 2Q20 (vs $168m net income in 2Q19) on 68% lower revenues, and ended quarter with $1.9b in cash. It delivered
Aerospace

EASYJET posted £324.5m pretax loss for third quarter ended June 30 (vs £174.2m profit a year ago) on 99.6% lower revenues, and ended quarter with £2
Air Transport

JETBLUE AIRWAYS agreed to sell six GTF-powered A321neos to SKY Leasing for leaseback from 2H20.
Air Transport

FAA

AIRCASTLE lost $191m in 2Q20 (vs 31.1m net profit in 2Q19) on 14.3% higher revenues; it owns 274 aircraft. It says it has no new aircraft purchase
Air Transport

TRONOS AVIATION CONSULTING, WA forecasts new aircraft seat production at $1.57b for 2020 vs $3.6b in 2019; total 5-year interior aftermarket forecast
Aerospace

AIRINMAR (AAR) has Air Methods contract to provide identification, claim, recovery and reporting of rotorcraft/aircraft component warranty services.
MRO

MITSUBISHI HEAVY INDUSTRIES says its Aircraft, Defense & Space unit lost ¥62b for first quarter ended June 30 (vs ¥29.4b profit a year ago) on 2%
Aerospace

AIRASIA X earned (EBITDA) RM94m in first quarter ended June 30 (vs RM264.5m a year ago) on 21% lower revenues.
Air Transport

EVELOP AIRLINES, Spain took delivery of A350-900 (400) on lease from Avolon (SPNWS; April 24).
Aerospace

JAL

JAL had ¥93.7b net loss in first quarter ended June 30 (vs ¥12.9b net profit a year ago) on 78.1% lower revenues; it has ¥394.3b cash. It says it
Air Transport

TUI TRAVEL AVIATION FINANCE agreed to sell five 737 MAX-8s to BOC Aviation for leaseback from 2021 for operation by TUI.
Air Transport

AIR INDUSTRIES GROUP says it is accelerating its growth strategy in response to pandemic-induced, severe contraction in aerospace industry; it issued
Aerospace

SIGNATURE FLIGHT SUPPORT acquired TAG Aviation's FBOs at Geneva International Airport and Sion Airport in Switzerland.
Business Aviation

STANDARDAERO launched new business aviation Engine Trading Solutions (ETS) unit to provide engine sales/lease/exchange and consignment options for
Business Aviation

UNITED AIRLINES plans to resume service on nearly 30 international routes in September and says it intends to fly 37% of its overall schedule (30%
Air Transport