SpeedNews

EL AL wet-leased (ACMI) one 747-400F from Atlas Air for several routes, including Liege-Tel Aviv, from January 2020.
Air Transport

AVIANCA reached agreement with Airbus to cancel 20 of its 108 A320neos on order and defer remaining 88 from 2020-2024 to 2025-2029; it also says it
Air Transport

US DOT reports fuel cost for US scheduled airlines was $1.99 per gallon in November 2019 vs $2.27 in November 2018 and $1.97 in October 2019.
Air Transport

EDM

GENNX360 CAPITAL PARTNERS has acquired majority stake in AEROREPAIR, NH (wheel/brake maintenance) and its sister company HEMICO (landing gear, battery
MRO

MAGNETIC MRO has SAS contract to provide A320neo base maintenance (56 scheduled visits) at Tallinn through 2023.
MRO

AERSALE COMPONENT SOLUTIONS has FAA approval to overhaul 737, 757, and 767 landing gear out of 100,000 sq ft facility, which includes self-contained
MRO

LOCKHEED MARTIN has $1.9b US DOD contract to provide F-35 operations support and sustainment in 2020.
Defense

Shane Tackett to Chief Financial Officer of Alaska Air Group (effective March 2020); Brandon Pedersen is retiring.
Air Transport

AVOLON delivered/transitioned 78 aircraft (54 new/24 used) and sold 92 owned/managed aircraft in 2019, vs 61/87 in 2018, and ended year with owned
Air Transport