SpeedNews

Steve Costley

AERCAP had $375m net income on $1.95b revenues in 3Q24 vs $1.1b on $1.89b in 3Q23; it has owned/managed/committed fleet of 3,491 aircraft/engines/helicopters vs 3,451 a year ago and saw 92% extension rate for used aircraft.

Air Transport

Steve Costley

AMERICAN AIRLINES finalized contract extension with TWU-IAM Association-represented technical/fleet service workers.

Air Transport

Steve Costley

IBERIA took delivery of the first A321XLR (11504) with LEAP-1As from Airbus; aircraft has182 seats in a 2-class layout.

Aerospace

SKF

Aviation Week Staff

AERODATA, Germany has EASA STC to install its GPS anti-jamming and anti-spoofing solution for integration into Garmin G5000 avionics on Cessna Citation Latitude business jets; it plans to add additional platforms in future.

Business Aviation

Aviation Week Staff

CONGO AIRWAYS agreed to wet-lease (ACMI) a 737NG from KlasJet through end of April 2025.

Air Transport

Aviation Week Staff

Roberto Alvo, CEO of LATAM Airlines Group, was elected President of ALTA, Panama.

Air Transport

Aviation Week Staff

IDEAWORKSCOMPANY is projecting global ancillary revenues of $148.4b in 2024 (14.9% of total) vs $117.9b in 2023.

Air Transport

Aviation Week Staff

Udi Sharon to Chief Executive Officer of Challenge Airlines IL, Israel.

Air Transport

Aviation Week Staff

PIPER AIRCRAFT secured type certification from EASA, Brazil and Australia for PT6A-52-powered M700 FURY.

Business Aviation

Aviation Week Staff

FRONTIER AIRLINES had $26m net income on $935m revenues in 3Q24 vs $32m loss on $883m in 3Q23; y-o-y CASM dropped 6%.

Air Transport