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Air Transport

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GALLAGHER AEROSPACE

Jan 24, 2020
GALLAGHER AEROSPACE, IL joined ALTA as an affiliate member. It provides insurance, risk management and consulting for worldwide airline industry.
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AMERICAN AIRLINES

Jan 24, 2020
AMERICAN AIRLINES had $414m net income for 4Q19 (vs $325m in 4Q18) on 3.4% higher revenues, and $1.7b net income for 2019 (vs $1.4b in 2018) on 2.8%…
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PGL

Jan 24, 2020
PGL (owns LOT Polish Airlines) agreed to acquire CONDOR, and will repay loan provided by KfW; deal is to close in April.
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UNIVERSAL ASSET MANAGEMENT

Jan 27, 2020
UNIVERSAL ASSET MANAGEMENT acquired ex-TACA A320-200 (1334) from Fortress Investment Group for part out.
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LOS ANGELES INTL AIRPORT

Jan 27, 2020
LOS ANGELES INTL AIRPORT handled record 88.1m pax in 2019, up 0.6% vs 2018.
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AIRBUS, AIR FRANCE, SAFRAN, SUEZ and TOTAL

Jan 27, 2020
AIRBUS, AIR FRANCE, SAFRAN, SUEZ and TOTAL launched new Call for Expression of Interest (CEI) to develop a sustainable aviation fuel industry in…
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GULF AIR

Jan 27, 2020
GULF AIR retired its last A330-200 (334) as part of fleet modernization plan that began in 2018; it plans to take delivery of three more 787-9s in…
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AMERICAN AIRLINES

Jan 27, 2020
AMERICAN AIRLINES plans in 2H20 to retire its E190 fleet (20 aircraft), pending return to service of the 737 MAX.
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EMIRATES

Jan 27, 2020
EMIRATES plans April 9 to begin daily Dubai-Singapore-Penang, Malaysia (777-300ER).
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ACI

Jan 28, 2020
ACI reports year-over-year pax growth of 1.8% in November; cargo dropped 2%.
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LUFTHANSA SYSTEMS

Jan 28, 2020
LUFTHANSA SYSTEMS has RwandAir order to provide NetLine/Sched and ProfitLine/Price solutions to optimize its complex flight scheduling needs.
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AZUL

Jan 28, 2020
AZUL agreed to sublease up to 32 E195s (18 firm/14 options; in addition to seven already acquired) to LOT POLISH AIRLINES and 28 E195s to US-based…
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ABL AVIATION

Jan 29, 2020
ABL AVIATION, Ireland arranged equity financing (combining debt with JOLCO equity) for eight A320s for LATAM.
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SMBC AVIATION CAPITAL

Jan 29, 2020
SMBC AVIATION CAPITAL closed $600m syndicated financing transaction with consortium of Asia Pacific/European banks.
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ALASKA AIR GROUP

Jan 29, 2020
ALASKA AIR GROUP had $181m net income for 4Q19 (vs $23m in 4Q18) on 8% higher revenues, and $769m net income for 2019 (vs $437m in 2018) on 6% higher…
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AIRASIA GROUP

Jan 29, 2020
AIRASIA GROUP carried 51.6m pax in 2019, up 16% vs 2018; capacity rose 16%. It ended year with 149 A320s.
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AIRASIA X

Jan 29, 2020
AIRASIA X carried 6.1m pax in 2019, down 2% vs 2018; capacity also dropped 2%. It ended year with 32 A330s.
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BOC AVIATION

Jan 30, 2020
BOC AVIATION signed 87 lease commitments and took delivery of 54 aircraft in 2019 (it had been scheduled to take delivery of 79 aircraft) vs 92 and…
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ALLEGIANT AIR

Jan 30, 2020
ALLEGIANT AIR earned $97.4m in 4Q19 (vs $68.2m in 4Q18) on 11.4% higher revenues, and $388.7m in 2019 (vs $255.9m in 2018) on 9.8% higher revenues;…
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AIR VANUATU

Jan 30, 2020
AIR VANUATU plans April 2020 to open new domestic hub at Santo with one dedicated Twin Otter; Santo will also house new engineering base to handle…
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SOUTH AFRICAN AIRWAYS

Jan 30, 2020
SOUTH AFRICAN AIRWAYS secured post commencement funding of R3.5b from the Development Bank of Southern Africa to meet interim liquidity requirements…
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KALITTA AIR

Jan 30, 2020
KALITTA AIR was selected to provide 747-400 to transport US citizens/diplomats out of China due to Coronavirus, which is causing several airlines,…
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WINGS CAPITAL PARTNERS

Jan 30, 2020
WINGS CAPITAL PARTNERS secured $125m loan from syndicate of financial institutions, collateralized by a 777-200LRF.
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UPS

Jan 31, 2020
UPS is expected to acquire two ex-Lufthansa MD-11Fs (48805/48806); VT SAN ANTONIO AEROSPACE is performing mods.
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PRIVLEDGE STYLE

Jan 31, 2020
PRIVLEDGE STYLE agreed to lease ex-SriLankan A321-200 (3636) with V2500s from Avolon to begin replacing its 757s.
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WIZZ AIR

Jan 31, 2020
WIZZ AIR had 21.4m net income for third quarter ended December 31 (vs 21m loss a year ago) on 24.6% higher revenues; year-over-year ancillary…

Aerospace

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NUST MISIS

Jan 24, 2020
NUST MISIS, Russia developed cost-effective method for producing composite titanium/aluminum spherical powders for 3D printing of aircraft components…
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MOOG AIRCRAFT CONTROLS

Jan 27, 2020
MOOG AIRCRAFT CONTROLS earned $38.6m on $340m sales for first quarter ended December 31 vs $33.2m on $304m a year ago; commercial aircraft revenues…
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BOEING

Jan 27, 2020
BOEING completed first flight of the 777X (WH001) with GE9Xs on January 25; flight test program will include four dedicated 777-9s, which have >235…
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EIRTECH AVIATION SERVICES

Jan 27, 2020
EIRTECH AVIATION SERVICES combined its CAMO and Technical Services departments to form single Technical Operations department.
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PRATT & WHITNEY

Jan 27, 2020
PRATT & WHITNEY has Wizz Air order to supply GTFs for another 166 A320neo Family aircraft, increasing projected fleet to 276 (seven delivered); deal…
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AAR

Jan 27, 2020
AAR was selected by Cleveland-based AeroControlex as exclusive distributor for its APU lube pumps and related piece-part components.
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BOEING

Jan 29, 2020
BOEING had $1b net loss on $17.9b revenues in 4Q19 vs $3.4b net profit on $28.3b in 4Q18, and $636m net loss on $76.6b in 2019 vs $10.5b net profit…
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BOEING

Jan 29, 2020
BOEING posted $8.3b pre-tax charges (net of insurance) in 2019 for estimated concessions/considerations to customers over 737 MAX. It also added $6…
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BOEING

Jan 29, 2020
BOEING now plans to drop 787 production from 14 to 12 per month in late 2020 (as previously announced), then, based on the current environment and…
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OPENAIRLINES

Jan 29, 2020
OPENAIRLINES, France was selected by SAS Ireland to supply SkyBreathe fuel efficiency solution; SAS Ireland currently has nine A320neos.
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STANLEY BLACK & DECKER

Jan 29, 2020
STANLEY BLACK & DECKER acquired CONSOLIDATED AEROSPACE MANUFACTURING, CA (hardware/fastener solutions) for $1.5b; $200m is being held back and…
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GE AVIATION

Jan 29, 2020
GE AVIATION earned $2.1b on $8.9b revenues in 4Q19 vs $1.7b on $8.5b in 4Q18, and $6.8b on $36.7b in 2019 vs $6.5b on $35.5b in 2018. It delivered 2…
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JAMCO AMERICA

Jan 29, 2020
JAMCO AMERICA announced it has completed initial deliveries of its Venture reverse herring-bone business class seat to KLM for 787-10 and Air Europa…
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SPIRIT AEROSYSTEMS

Jan 30, 2020
SPIRIT AEROSYSTEMS reached agreement with Boeing to restart 737 MAX production slowly and deliver 216 shipsets in 2020, pending MAX's successful…
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INSTONEAIR

Jan 30, 2020
INSTONEAIR has EASA approval for fully collapsible airstable for transporting racehorses, showjumping horses, and polo ponies on widebody freighters.
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AVAIR

Jan 30, 2020
AVAIR, AZ was selected by Whippany Actuation Systems, NJ to exclusively facilitate aftermarket parts sales to its airline and MRO customers; deal…
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NORTHROP GRUMMAN

Jan 31, 2020
NORTHROP GRUMMAN had $2.2b net income on $33.8b sales in 2019 vs $3.2b on $30.1b in 2018. It has $64.8b backlog.
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RAYTHEON

Jan 31, 2020
RAYTHEON had $4.4b net income on $29.2b sales in 2019 vs $2.9b on $27.1b in 2018. It has $48.8b backlog.
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LATÉCOÈRE

Jan 31, 2020
LATÉCOÈRE reports in 4Q19 it extended deal with Boeing to continue to supply 787 doors until 2029 in exchange for price decrease and new 5-year…

MRO

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HAECO ITM

Jan 24, 2020
HAECO ITM was selected by NokScoot Airlines, Thailand to provide technical management support for six 777-200s; agreement includes access to…
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CAVU AEROSPACE

Jan 24, 2020
CAVU AEROSPACE was certified by FAA for component repairs out of its 80,000 sq ft facility in Mesa, AZ; capabilities cover flight controls, flap…
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RPI UK

Jan 28, 2020
RPI UK has Delta TechOps order for two integrated rotor measurement and assembly platforms (iMAPs) and module tooling sets for Trent maintenance.
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CFM INTL

Jan 28, 2020
CFM INTL has $1.3b Jazeera Airways contract to maintain its LEAP-1As (for 20 a320neos) on rate-per-flight-hour basis.
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BOEING GLOBAL SERVICES

Jan 29, 2020
BOEING GLOBAL SERVICES earned $684m on $4.6b sales in 4Q19 vs $737m on $4.9b in 4Q18, and $2.7b on $18.5b sales in 2019 vs $2.5b on $17.1b in 2018…
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ST ENGINEERING

Jan 30, 2020
ST ENGINEERING booked S$1.1b in new Aerospace contracts in 4Q19 (S$4.2b in 2019) vs S$450m in 4Q18 (S$2.1b in 2018).

Aerospace/MRO

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CIT GROUP

Jan 27, 2020
CIT GROUP was selected to secure $87m loan to finance 5-story, 300,000 sq ft terminal logistics center being built at JFK by Triangle Equities…
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HANNOVER FINANZ

Jan 29, 2020
HANNOVER FINANZ has acquired E.I.S. AIRCRAFT PRODUCTS AND SERVICES, Germany (manufactures and repairs interior systems and components) from EQT…

Business

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ELEVATE JET

Jan 27, 2020
ELEVATE JET, MA acquired ex-American Eagle ERJ 135LR (173) for VIP pax charters in 30-pax configuration.
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GENERAL DYNAMICS AEROSPACE

Jan 29, 2020
GENERAL DYNAMICS AEROSPACE earned $480m on $2.9b sales in 4Q19 vs $382m on $2.7b in 4Q18, and $1.5b on $9.8b sales in 2019 vs $1.5b on $8.5b in 2018…
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TEXTRON AVIATION

Jan 29, 2020
TEXTRON AVIATION earned $134m on $1.7b revenues in 4Q19 vs $170m on $1.6b in 4Q18, and $449m on $5.2b revenues in 2019 vs $445m on $5b in 2018. It…
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WHEELS UP

Jan 29, 2020
WHEELS UP and DELTA PRIVATE JETS completed previously announced business combination to form single private aviation company with >190 aircraft and …
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LAKE AIRCRAFT

Jan 30, 2020
LAKE AIRCRAFT retained AvStrategies to market its amphibian aircraft assets for sale, including Meyers 200, Interceptor 400 and a prominent kit…

Who'sNews

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WHO'SNEWS: AERSALE

Jan 27, 2020
Christian Smith to Senior Director-Leasing and Trading of AerSale, FL.
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WHO'SNEWS: HARTZELL PROPELLER

Jan 27, 2020
JJ Frigge was promoted to President of Hartzell Propeller, Piqua, OH; Joe Brown was named Chairman.
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WHO'SNEWS: EIRTECH AVIATION SERVICES

Jan 27, 2020
Seán Dooley to Head of Technical Operations of Eirtech Aviation Services, Ireland.
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WHO'SNEWS: BOLLORÉ LOGISTICS

Jan 27, 2020
Yves Laforgue to Chief Executive Officer-Americas Region, based in Miami, of Bolloré Logistics.
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WHO'SNEWS: SMBC AERO ENGINE LEASE

Jan 27, 2020
Roger Welaratne to Chief Commercial Officer to SMBC Aero Engine Lease, Amsterdam.
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WHO'SNEWS: iAERO THRUST

Jan 28, 2020
Tommy Mitchell to President of iAero Thrust, Miami.
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WHO'SNEWS: iAERO THRUST

Jan 28, 2020
Mike Wilson to Production Manager of iAero Thrust, Miami.
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WHO'SNEWS: iAERO THRUST

Jan 28, 2020
Sebastien Maury to Vice President-Commercial of iAero Thrust, Miami.
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WHO'SNEWS: TRENCHARD AVIATION GROUP

Jan 29, 2020
Mark Radford to Vice President-Business Development of Trenchard Aviation Group, UK.
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WHO'SNEWS: LUFTHANSA INDUSTRY SOLUTIONS

Jan 29, 2020
Heidi Brockmann to Managing Director-Flight Operation Solutions of Lufthansa Industry Solutions, Norderstedt.
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WHO'SNEWS: VIVAAEROBUS

Jan 29, 2020
Juan Carlos Zuazua to Chief Executive Officer of VivaAerobus, Mexico.
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WHO'SNEWS: SUNEXPRESS

Jan 29, 2020
Max Kownatzki to Chief Executive Officer of SunExpress, Turkey (effective April 15); Jens Bischof will now lead Eurowings.
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WHO'SNEWS: SPIRIT AEROSYSTEMS

Jan 30, 2020
Mark Suchinski to Senior Vice President and Chief Financial Officer of Spirit AeroSystems, Wichita.
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WHO'SNEWS: SPIRIT AEROSYSTEMS

Jan 30, 2020
Damon Ward to Interim Controller and Principal Accounting Officer of Spirit AeroSystems, Wichita.
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WHO'SNEWS: ALLEGIANT

Jan 30, 2020
Scott DeAngelo to Executive Vice President and Chief Marketing Officer of Allegiant, Las Vegas.
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WHO'SNEWS: KILLICK AEROSPACE GROUP

Jan 31, 2020
Bill Molloy to Chief Operating Officer of Killick Aerospace Group, Dallas.

Aerospace/Training

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BAA TRAINING

Jan 29, 2020
BAA TRAINING plans in late 2020 to open 5,300 sq meter training center in Barcelona, Spain with one each A320ceo and 737NG simulators (seven total by…
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CPaT GLOBAL

Jan 29, 2020
CPaT GLOBAL, TX was selected by Envoy Air to provide tailored E-learning solutions for classroom and mobile training for its E175 and ERJ pilots.

Air Transport/MRO

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BROWARD AVIATION SERVICES

Jan 29, 2020
BROWARD AVIATION SERVICES, FL acquired ex-AtlasGlobal A319-100 (1124) for part out in Wales.

Defense/MRO

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S.A.F.E. STRUCTURE DESIGNS

Jan 29, 2020
S.A.F.E. STRUCTURE DESIGNS, Las Vegas has US Army contract to supply customized Fall Protection Platforms for CH-46 and CH-47 Chinook helicopters to…

Aerospace/Helicopters

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LEONARDO Buys Kopter In $185 Million Deal

Jan 30, 2020
LEONARDO, Italy agreed to acquire KOPTER GROUP, Switzerland from Lynwood (Schweiz) for $185m plus incentives.

Air Transport/Defense

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TRANSPORT CANADA

Jan 31, 2020
TRANSPORT CANADA acquired unidentified Dash 8-100 for maritime surveillance; aircraft is to undergo mods through 2022.