SpeedNews

LATAM AIRLINES GROUP formalized second tranche of US$1.3b in DIP financing committed by Oaktree Capital Management and its affiliates.
Air Transport

AIR LEASE CORPORATION delivered only one aircraft (A320neo) from its orderbook in 2Q20 vs 16 in 2Q19, and ended quarer with owned/managed/committed
Air Transport

UNITED AIRLINES is planning on cutting its US-based workforce by up to 36,000 employees during 4Q20. It expects year-over-year capacity to be down 75%
Air Transport

Marc Rivest to General Manager-Dallas Service Center of Bombardier Aviation.
Business Aviation

LUFTHANSA TECHNIK has contract to install multi-mission equipment on two new A321LRs for German Armed Forces from 2H21 for redelivery in 2022
Defense

ITS

Ryan Huss to Director of Sales of Duncan Aviation, Lincoln, NE.
Business Aviation

Chad Doehring to Executive Vice President and Chief Operating Officer-Provo, UT of Duncan Aviation.
Business Aviation

Jeff Lake to President of Duncan Aviation, Lincoln, NE; Aaron Hilkemann stepped back to (part-time) CEO and Chairman-Board of Advisors.
Business Aviation

Mike Minchow, VP-Modifications and Engineering of Duncan Aviation, was also named Chief Operating Officer-Lincoln, NE.
Business Aviation

RUAG MRO INTL, Germany completed level three pre-purchase inspection (PPI) on a Global Express for unidentified customer.
Business Aviation