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Air Transport

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ALAFCO

Feb 14, 2020
ALAFCO had KD9m net income on KD31.9m revenues for first quarter ended December 31 vs KD4.4m on KD25.9m a year ago.
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EL AL ISRAEL AIRLINES

Feb 14, 2020
EL AL ISRAEL AIRLINES leased ex-Jet Airways 737-800 (39070) from BBAM.
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EGYPTAIR

Feb 14, 2020
EGYPTAIR agreed to lease 15 new LEAP-powered A320neo Family aircraft from AerCap; first (9473) was delivered.
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EVA AIRWAYS

Feb 17, 2020
EVA AIRWAYS, Taiwan took delivery of new GEnx-powered 787-10 (60289) on lease from Air Lease Corporation.
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DELTA AIR LINES

Feb 18, 2020
DELTA AIR LINES paid out record $1.6b in profitsharing to employees, translating to 16.7% of annual pay.
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TDA

Feb 18, 2020
TDA, The Netherlands acquired ex-TAME A320-200 (1339) for part out.
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SKYJET AIRLINES

Feb 18, 2020
SKYJET AIRLINES, The Philippines leased ex-Stobart Air ATR 72-500 (748) from Elix Aviation Capital.
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EGYPTAIR

Feb 18, 2020
EGYPTAIR took delivery of its first (9473) of 15 LEAP-powered A320neos on lease from AerCap.
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CORSAIR

Feb 18, 2020
CORSAIR, France leased ex-Aeroflot A330-300 (1077) with Trent 700s from AerCap.
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UNITED AIRLINES, AMERICAN AIRLINES and SOUTHWEST AIRLINES

Feb 18, 2020
UNITED AIRLINES, AMERICAN AIRLINES and SOUTHWEST AIRLINES removed the 737 MAX from their schedules through September 4, August 17 and August 10…
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AERCAP

Feb 18, 2020
AERCAP reached agreement with Boeing to defer delivery of some 737 MAXs to later date; it has 95 on order.
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SIA GROUP

Feb 18, 2020
SIA GROUP had S$315m net income for third quarter ended December 31 (vs S$284m a year ago) on 3% higher revenues, and says it is well-positioned to…
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AERO K

Feb 18, 2020
AERO K, Korea leased ex-Alaska/Virgin A320-200 (3135) with CFM56s from Carlyle Aviation Partners for startup in March 2020.
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IDEAWORKS and CARTRAWLER

Feb 18, 2020
IDEAWORKS and CARTRAWLER estimate global airline a la Carte revenue totaled $75.6b in 2019, up from 106% from $36.7b in 2015; European airlines…
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AIR CANADA

Feb 18, 2020
AIR CANADA had C$152m net income for 4Q19 (vs C$360m loss in 4Q18) on 4.7% higher revenues; and C$1.5b net income in 2019 (vs C$37m in 2018) on 6.2%…
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LAUDAMOTION

Feb 18, 2020
LAUDAMOTION, Austria leased ex-Philippine Airlines A320-200 (5081) with CFM56s from GECAS.
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SPICEJET

Feb 18, 2020
SPICEJET earned INR 73.2 crore in third quarter ended Dec 31 (vs INR 55.1 crore a year ago) on 47% higher revenues.
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SPICEJET

Feb 18, 2020
SPICEJET, India wet-leased two A320-200s from Bulgaria's BH Air to compensate for lost capacity from MAX groundings.
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AEROLINEAS ARGENTINAS

Feb 18, 2020
AEROLINEAS ARGENTINAS retired its last A340-300 (170) following final flight (Madrid-Buenos Aires) on February 17.
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BAMBOO AIRWAYS

Feb 19, 2020
BAMBOO AIRWAYS, Vietnam is expected to order 12 777Xs in 2Q20. It currently operates 787s and A320 Family aircraft.
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TAROM

Feb 19, 2020
TAROM took delivery of first new ATR 72-600 (1583) on lease from Nordic Aviation Capital as part of overall deal for nine.
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DUBAI AEROSPACE ENTERPRISE

Feb 19, 2020
DUBAI AEROSPACE ENTERPRISE (DAE) had US$413.6m pretax profit in 2019 (vs $428.8m in 2018) on 1% lower revenues, and ended year with owned/managed…
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GREEN AFRICA AIRWAYS

Feb 19, 2020
GREEN AFRICA AIRWAYS, Nigeria agreed to lease three A220-300s from GTLK Europe for delivery by Aug 2020 for startup.
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EMBRAER

Feb 19, 2020
EMBRAER delivered 109 Executive Jets (62 Phenoms; 31 Legacy; 16 Praetors) in 2019 vs 91 (64 Phenoms; 27 Legacy) in 2018.
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LOGANAIR

Feb 19, 2020
LOGANAIR, Scotland subleased two ATR 72-600s (1260/1277) from Flybe, which leases the aircraft from Avation, Singapore.
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QATAR AIRWAYS GROUP

Feb 19, 2020
QATAR AIRWAYS GROUP increased its stake in INTERNATIONAL AIRLINES GROUP (IAG) from 21.4% to 25.1%.
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JETSTAR ASIA

Feb 19, 2020
JETSTAR ASIA plans July 1 to begin four-times-weekly Singapore-Colombo, Sri Lanka (A320).
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TAP AIR PORTUGAL

Feb 19, 2020
TAP AIR PORTUGAL took delivery of two A330-900s (1941/1954) on the same day, February 14, and now has 19.
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ETIHAD AIRWAYS

Feb 19, 2020
ETIHAD AIRWAYS agreed to purchase two A380-800s (233/237) off-lease from Amedeo Air Four Plus, which is projecting net proceeds of £130m after…
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US DOT

Feb 19, 2020
US DOT says US scheduled pax airlines employed 453,976 full-time equivalent workers at end 2019 up 3.1% vs a year ago.
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US DOT

Feb 19, 2020
US DOT says top US carriers reported on-time arrival rate of 79% in 2019 vs 79.2% in 2018; December 2019 rate was 78.2%, down from 80% in December…
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HNA GROUP

Feb 20, 2020
HNA GROUP is unidentified customer for order for 40 A330-900s placed in late December (SPNWS; January 17) as part of a restructuring of fleet plans,…
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ATLAS AIR

Feb 20, 2020
ATLAS AIR lost $293.1m in 2019 (vs $270.6m profit in 2018) on 2.3% higher revenues/8% higher block hours; result reflected non-cash special charge…
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SAPPHIRE AVIATION FINANCE II

Feb 20, 2020
SAPPHIRE AVIATION FINANCE II closed $620m sponsored portfolio securitization serviced by Avolon; proceeds will be used to acquire 21 aircraft (18…

Aerospace

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BOEING

Feb 14, 2020
BOEING reached tentative agreement with SPEEA-represented engineers/technical workers on 4-year contract extension.
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S.S. WHITE TECHNOLOGIES

Feb 18, 2020
S.S. WHITE TECHNOLOGIES, FL was selected to supply specifically designed shafts to activate Nexcelle's O-Duct thrust reverser actuation system (TRAS)…
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AVIATION WEEK NETWORK

Feb 18, 2020
AVIATION WEEK NETWORK forecasts Middle East commercial aircraft fleet to grow from 1,758 to 3,688 units over next 10 years; MRO market is forecast at…
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AVIA SOLUTIONS GROUP

Feb 18, 2020
AVIA SOLUTIONS GROUP agreed to acquire AVIATOR, Sweden (aviation ground services for Nordic region) from investment fund Accent Equity 2008.
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AIRLINE MONITOR

Feb 18, 2020
AIRLINE MONITOR forecasts delivery of 10,410 new commercial aircraft (4,820 Airbus/4,096 Boeing) over next five years; it expects 3,143 to be…
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US President

Feb 18, 2020
US President announced plan to increase tariffs on aircraft coming from EU from 10% to 15% starting March 18 and is reportedly considering halting…
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FLYHT

Feb 18, 2020
FLYHT has US$2.43m purchase order for Iridium modems and license fees from a European OEM; deal includes licensing its technology and delivering…
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TRIUMPH GROUP

Feb 18, 2020
TRIUMPH GROUP consolidated its Systems and Product Support businesses into TRIUMPH SYSTEMS & SUPPORT, TX.
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SEAMLESS AIR ALLIANCE

Feb 18, 2020
SEAMLESS AIR ALLIANCE published first-ever standard for inflight connectivity.
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TRIMAS AEROSPACE

Feb 18, 2020
TRIMAS AEROSPACE, MI secured new multi-year contracts from Airbus to supply qualified fastener products through its MONOGRAM AEROSPACE FASTENERS and…
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BOEING

Feb 19, 2020
BOEING has found tools and other FOD inside wing fuel tanks of several undelivered 737 MAXs, and has ordered inspections and established new…
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CADENCE AEROSPACE

Feb 19, 2020
CADENCE AEROSPACE (Arlington Capital Partners) acquired PREMIER PROCESSING, which provides surface finishing and special processing capabilities out…
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GOJET AIRLINES

Feb 20, 2020
GOJET AIRLINES reached agreement with United Airlines to expand its CRJ550 program from 54 to 74 aircraft by 2021.
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BELAVIA BELARUSIAN

Feb 20, 2020
BELAVIA BELARUSIAN AIRLINES agreed to lease three E195-E2s from AerCap for delivery in December 2020-April 2021.
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AIR FRANCE-KLM GROUP

Feb 20, 2020
AIR FRANCE-KLM GROUP had €156m net loss for 4Q19 (vs €217m loss in 4Q18) on 2% higher revenues; and €290m net profit for 2019 (vs €420m in 2018) on 4…
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QANTAS GROUP

Feb 20, 2020
QANTAS GROUP had A$771m pretax profit for first half of FY20 (vs A$775m a year ago) on 2.8% higher revenues. It has cut international capacity to…
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GOL

Feb 20, 2020
GOL lost R$117.3m in 2019 (vs R$1.6b loss in 2018) on 21.5% higher revenues. It has 137 737s, including seven MAX 8s.
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UPS

Feb 20, 2020
UPS completed acquisition of two ex-Lufthansa Cargo MD-11Fs (48805/48806) (SPNWS; January 31).
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ALLEGIANT AIR

Feb 20, 2020
ALLEGIANT AIR acquired second ex-Aeroflot A320-200 (2133) with CFM56s, and now has 63 A320s (SPNWS; February 14)
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IATA

Feb 20, 2020
IATA is initially projecting 13% full-year loss of pax demand for Asia-Pacific carriers from Cornavirus outbreak, resulting in $27.8b less revenue (…
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GALLANT CAPITAL PARTNERS

Feb 20, 2020
GALLANT CAPITAL PARTNERS, CA completed recapitalization and growth investment in CASSAVANT MACHINING, AZ (precision machined components).

MRO

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SIAEC

Feb 14, 2020
SIAEC agreed to acquire 49% of Kuala Lumpur's POS AVIATION ENGINEERING SERVICES (PAES) fro Pos Aviation for MYR10.1m to expand its line maintenance…
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AERO TECHNICS

Feb 18, 2020
AERO TECHNICS (Trenchard Aviation Group) has FAA certification for its MRO facility at Dubai for crew seats, galley inserts, megaphones, ELTs, cabin…
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LUFTHANSA TECHNIK

Feb 18, 2020
LUFTHANSA TECHNIK was licensed by Collins Aerospace Systems to repair PW1100G nacelles for A320neos.
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SIA ENGINEERING

Feb 18, 2020
SIA ENGINEERING agreed with AIR INNOVATION KOREA to form line maintenance joint venture in Korea to supplement A320 component support program for…
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JORAMCO

Feb 18, 2020
JORAMCO was selected by Avion Express to perform heavy maintenance on six A320-200s; five have been completed with sixth now in work.
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LUFTHANSA TECHNIK

Feb 18, 2020
LUFTHANSA TECHNIK extended SAS contract to provide component support for its entire Boeing and Airbus fleet, including A350s; it will also provide…
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MRO HOLDINGS

Feb 19, 2020
MRO HOLDINGS completed acquisition of NORTH STATE AVIATION, Winston-Salem, NC, which provides narrowbody heavy maintenance/mods out of 6-bay, 300,000…
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FL TECHNICS

Feb 19, 2020
FL TECHNICS acquired FLASH LINE MAINTENANCE, Italy, increasing its line maintenance network in Europe to >50.
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CARLISLE INTERCONNECT TECHNOLOGIES

Feb 19, 2020
CARLISLE INTERCONNECT TECHNOLOGIES (CIT), FL has FAA STC to install and activate ARINC 791 SATCOM antenna system on A320 Family aircraft.
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LUFTHANSA TECHNIK

Feb 20, 2020
LUFTHANSA TECHNIK commissioned test facility in Hamburg for aircraft fire extinguishers; it uses process to minimize emissions of ozone-depleting…
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AFI KLM E&M

Feb 20, 2020
AFI KLM E&M earned €260m on €4.6b revenues in 2019 vs €214m on €4.3b in 2018; third party revenues increased 5.8%.
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GE AVIATION

Feb 20, 2020
GE AVIATION secured BeauTech and Sky Regional Airlines as launch customers for CF34-8 HPT durability upgrade program.

Air Transport/MRO

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SINE DRACO AVIATION DEVELOPMENT

Feb 14, 2020
SINE DRACO AVIATION DEVELOPMENT acquired ex-AtlasGlobal A321-200 (963) from AerCap to serve as prototype for its freighter conversion program;…
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BII.AERO

Feb 18, 2020
BII.AERO (British International Industries), UK acquired ex-Sriwijaya 737-800 (28381) from Aircastle for part out in Southern California by COMAV…
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AJW GROUP

Feb 19, 2020
AJW GROUP acquired ex-Air Malta A319-100 (2186) with CFM56s for part out; components will be recertified by AJW TECHNIQUE.
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SWISS INTERNATIONAL AIR LINES

Feb 20, 2020
SWISS INTERNATIONAL AIR LINES took delivery of its first (9246) of 25 GTF-powered A320neos on order with Airbus. PRATT & WHITNEY will also provide…

Business Aviation

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GULFSTREAM AEROSPACE

Feb 18, 2020
GULFSTREAM AEROSPACE made first flight of Pearl 700-powered G700; aircraft can fly 7,500 nm at Mach 0.85.
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SPIRIT AEROSYSTEMS and AIRSPACE EXPERIENCE TECHNOLOGIES

Feb 18, 2020
SPIRIT AEROSYSTEMS and AIRSPACE EXPERIENCE TECHNOLOGIES (ASX) agreed to cooperate to develop eVTOL aircraft for mass production.
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AEA

Feb 18, 2020
AEA reports global business/general aviation avionics sales surpassed $3b ($1.66b retrofits) in 2019, up 10.2% vs 2018.
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DUNCAN AVIATION

Feb 18, 2020
DUNCAN AVIATION was approved by Honeywell to facilitate repairs, overhauls, and exchanges on its line replaceable components/parts on behalf of its…
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EMBRAER

Feb 19, 2020
EMBRAER delivered 109 Executive Jets (62 Phenoms; 31 Legacy; 16 Praetors) in 2019 vs 91 (64 Phenoms; 27 Legacy) in 2018.
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GAMA

Feb 19, 2020
GAMA reports manufacturers delivered 2,658 general aviation aircraft (809 business jets) worth $23.5b in 2019 vs 2,432 (703 jets) worth $20.6b in…
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GULFSTREAM AEROSPACE

Feb 20, 2020
GULFSTREAM AEROSPACE plans to build $35m, 160,000 sq ft MRO facility at Fort Worth Alliance Airport, TX for 2H21 to complement its exisiting facility…

Business Aviation/Aerospace

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BOMBARDIER

Feb 18, 2020
BOMBARDIER has made strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging through the sale of its…

Who'sNews

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WHO'SNEWS: SIA ENGINEERING

Feb 18, 2020
Ng Chin Hwee to Chief Executive Officer of SIA Engineering, Singapore (effective April 1); Png Kim Chiang is retiring.
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WHO'SNEWS: WESTJET

Feb 18, 2020
John Weatherill to Vice President-Network Planning and Alliances of WestJet, Canada.
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WHO'SNEWS: SIA GROUP

Feb 18, 2020
Mak Swee Wah to Executive Vice President-Operations of SIA Group, Singapore (effective April 1).
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WHO'SNEWS: SIA GROUP

Feb 18, 2020
Lee Lik Hsin to Executive Vice President-Commercial of SIA Group, Singapore (effective April 1).
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WHO'SNEWS: SIA GROUP

Feb 18, 2020
Tan Kai Ping to Executive Vice President-Finance and Strategy of SIA Group, Singapore (effective April 1).
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WHO'SNEWS: SCOOT

Feb 18, 2020
Campbell Wilson to Chief Executive Officer of Scoot, Singapore (effective April 1).
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WHO'SNEWS: TRIUMPH SYSTEMS & SUPPORT

Feb 18, 2020
Bill Kircher to Executive Vice President of Triumph Systems & Support, Arlington, TX.
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WHO'SNEWS: TRIUMPH GROUP

Feb 18, 2020
Frank Dubey to Special Advisor to the Office of the CEO of Triumph Group, Berwyn, PA.
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WHO'SNEWS: PASSUR AEROSPACE

Feb 18, 2020
Brian Cook to Chief Executive Officer of PASSUR Aerospace, Stamford, CT. Jim Barry will continue as President.
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WHO'SNEWS: SOUTHWEST AIRLINES

Feb 18, 2020
Alan Kasher to Senior Vice President of Air Operations of Southwest Airlines; Bob Waltz was named Vice President of Flight Operations.
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WHO'SNEWS: SPICEJET

Feb 18, 2020
Shilpa Bhatia to Chief Commercial Officer of SpiceJet, India.
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WHO'SNEWS: C&L AEROSPACE

Feb 19, 2020
Edmund Tan to Regional Sales Manager-Asia, based in Singapore, of C&L Aerospace.

Air Transport/Finance

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AIRCRAFT WORKING GROUP

Feb 18, 2020
AIRCRAFT WORKING GROUP added Avation to its not-for-profit entity to develop policies, laws and regulations to advance aviation financing/leasing.

Aerospace/MRO

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ROYAL AERO

Feb 19, 2020
ROYAL AERO, Germany has inducted its first GE90-115B for part out.
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MTU AERO ENGINES

Feb 20, 2020
MTU AERO ENGINES had record €488.4m net income on record €4.63b revenues in 2019 vs €453.3m on €4.57b in 2018; commercial maintenance revenues…

Aerospace/Defense

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EXOSTAR

Feb 19, 2020
EXOSTAR formed an A&D Supply Chain Working Group with several OEMs to define/develop process/functional plans for next-gen supply chain platform.

Defense

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AIRBUS DEFENCE AND SPACE

Feb 19, 2020
AIRBUS DEFENCE AND SPACE began negotiations with employee representatives over planned restructuring that foresees reduction of 2,362 workers through…

Air Transport/Training

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AVIOMAR FLIGHT ACADEMY

Feb 20, 2020
AVIOMAR FLIGHT ACADEMY, Italy and RYANAIR teamed to provide ab-initio training to join 737 Type Rating program for future employment with airline.