SpeedNews

RUAG MRO INTERNATIONAL was approved by EASA to provide Global 7500 base/line maintenance at Munich.
Business Aviation

GE AVIATION has 5-year, $180m US Navy contract to provide T700 repair/overhaul for MH-60, AH-1Z and UH-1Y helicopters.
Defense

PRATT & WHITNEY is investing $12.5m into its MRO facility at North Berwick, ME to maintain GTF HPT and HPC modules.
MRO

GARDNER STANDARD, NY acquired SHADIN AVIONICS, MN from The Wright Group. Shadin designs/manufactures/supports fuel flow systems, engine trend
Aerospace

SUNEXPRESS plans to bundle its traffic into single AOC and focus on holiday flights from the DACH region (Germany, Austria, Switzerland) to Turkey and
Air Transport

SPIRIT AEROSYSTEMS was directed by Boeing to reduce its 737 (MAX/P-8) production plan for 2020 from 125 to 72 shipsets, comprising 37 shipsets to be
Aerospace

AVANT AEROSPACE (West Star Aviation) moved from Dallas to 20,000 sq ft hangar #12 at St. Louis Downtown Airport.
Business Aviation

AVIATION CAPITAL GROUP closed 3-year, $600m unsecured revolving line of credit with its parent company Tokyo Century.
Air Transport

TSA

TSA screened 607,540 individuals at US airports on June 22; it was first day of >600,000 pax for first time since March 19.
Air Transport

US DOT reports year-over-year US international air cargo traffic fell 21% in April; US-Europe cargo traffic dropped 43.8%.
Air Transport

AUSTRIAN plans in July to deploy 36 aircraft (about 50% of fleet), including three 767s (to serve Bangkok, Chicago, New York and Washington), A319s
Air Transport

VIRGIN ATLANTIC plans to resume service to 17 additional cities from August 2020 on top of initial restart from July 20-21.
Air Transport

AIR CANADA closed two financing transactions, netting C$1.23b, and has now raised C$5.5b since start of COVID-19 in 1Q20.
Air Transport

KOPTER GROUP (Leonardo), Italy has resumed flight testing at Pozzallo, Sicily of third prototype of SH09 single-engine helicopter, which was suspended
Aerospace