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Air Transport

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ISTAT

Feb 23, 2020
ISTAT cancelled 2020's ISTAT Asia event, which had been scheduled for May 7-9 in Shanghai, over the Coronavirus outbreak.
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TOTAL ENGINE ASSET MANAGEMENT

Feb 23, 2020
TOTAL ENGINE ASSET MANAGEMENT (TEAM) sold 30 engines that power primarily narrowbodies on lease to 13 airlines via US$257m securitization.
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TURKISH AIRLINES

Feb 24, 2020
TURKISH AIRLINES plans June 9 to begin three-times-weekly Istanbul-Vancouver, BC (787-9).
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SAFARILINK

Feb 24, 2020
SAFARILINK, Kenya leased second ex-CommutAir Dash 8-Q200 (510) from Elix Aviation Capital.
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AIR NEW ZEALAND

Feb 24, 2020
AIR NEW ZEALAND expects net negative impact to FY20 earnings of NZ$35m-NZ$75m as a result of the Coronavirus outbreak.
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CZECH AIRLINES

Feb 24, 2020
CZECH AIRLINES leased ex-Brussels Airlines A320-200 (1885) with CFM56s from BBAM.
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JORDAN AVIATION

Feb 24, 2020
JORDAN AVIATION leased ex-Shaheen Air A330-200 (834) from METAL 2017-1; Aergo Capital manages the aircraft.
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ROMANIA

Feb 24, 2020
ROMANIA received EC approval to provide €36.7m temporary loan to TAROM to cover liquidity needs over next six months.
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ANA HOLDINGS

Feb 25, 2020
ANA HOLDINGS agreed to acquire up to 20 more GEnx-powered 787s for delivery through FY25. It plans to order 11 787-10s (to replace 777s) and one 787…
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UNITED AIRLINES

Feb 25, 2020
UNITED AIRLINES reshuffled some capacity purchase agreements with its United Express carriers that will see SKYWEST assume operation of 25 E175s…
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HELVETIC AIRWAYS

Feb 25, 2020
HELVETIC AIRWAYS took delivery of its second (030) of 12 E190-E2s on order; four more are due by mid-2020.
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AMERICAN AIRLINES

Feb 25, 2020
AMERICAN AIRLINES and QATAR AIRWAYS signed strategic partnership agreement and renewed codeshare agreement.
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AIR SENEGAL

Feb 25, 2020
AIR SENEGAL plans June 26 to begin three-times-weekly Dakar-London Stansted (A321).
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VIRGIN ATLANTIC AIRWAYS

Feb 25, 2020
VIRGIN ATLANTIC AIRWAYS plans October 26 to begin Manchester, UK-Delhi, India (A330).
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AAPA

Feb 26, 2020
AAPA estimates year-over-year member airline traffic increased 2.7% to 33.8m international pax in January, but says moving forward the impact of…
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BULGARIA AIR

Feb 26, 2020
BULGARIA AIR plans April 18 to restart twice-weekly Sofia-St. Petersburg (A319).
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VOLARIS

Feb 26, 2020
VOLARIS had MP2.6b net income in 2019 (vs MP943m loss in 2018) on 27.3% higher revenues; it has 82 A320 Family aircraft.
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AIR FRANCE

Feb 26, 2020
AIR FRANCE plans June 14 to begin three-times-weekly Paris CDg-Chennai, India (787-9).
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AEG FUELS

Feb 26, 2020
AEG FUELS joined ALTA as an Affiliate Member. It provides fueling services at >3,000 worldwide locations.
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LUFTHANSA GROUP

Feb 26, 2020
LUFTHANSA GROUP is taking measures to counteract economic impact of the Coronavirus outbreak, including suspending new hiring, expanding part-time…
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AVATION

Feb 26, 2020
AVATION, Singapore launched its aircraft engine leasing business, and has placed a PW127M to AEROMAR, Mexico.
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CARGOLUX

Feb 26, 2020
CARGOLUX leased ex-AirBridgeCargo 747-400ERF (35170) in deal arranged by FPG Amentum.
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COMAIR

Feb 26, 2020
COMAIR, South Africa lost R564m for six months ended Dec 31 as a result of its fleet renewal program, transition of its fleet from South African…
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SAS

Feb 26, 2020
SAS took delivery of new LEAP-powered A320neo (9352) on lease from Air Lease Corporation.
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AIR VANUATU

Feb 26, 2020
AIR VANUATU carried record 406,000 pax and secured record VT7.3b revenues in 2019; it contributes >7% of Vanuatu’s GDP
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AIR NEW ZEALAND

Feb 24, 2020
AIR NEW ZEALAND expects net negative impact to FY20 earnings of NZ$35m-NZ$75m as a result of the Coronavirus outbreak.
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JETBLUE AIRWAYS

Feb 27, 2020
JETBLUE AIRWAYS has suspended change/cancel fees for new flight bookings due to Coronavirus outbreak.
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AIR CANADA

Feb 24, 2020
AIR CANADA signed LOIs to place airframe maintenance in Canada with AAR AIRCRAFT SERVICES TROIS-RIVIÈRES (A330/A320 Family) and AVIANOR (A220) over…
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CARGOJET

Feb 27, 2020
CARGOJET, Canada plans to increase limit of foreign ownership to up to government-allowed 49% from current 25%.
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NORDIC AVIATION CAPITAL

Feb 27, 2020
NORDIC AVIATION CAPITAL leased/delivered new ATR 72-600 (1555) to SILVER AIRWAYS; second new ATR 72-600 (1621) to TAROM as part of overall deal for…
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AIRASIA THAILAND

Feb 27, 2020
AIRASIA THAILAND and SMARTLYNX MALTA completed IATA Operational Safety Audit (IOSA) and were placed on register.
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AIR CANADA ROUGE

Feb 27, 2020
AIR CANADA ROUGE leased ex-Interjet A320-200 (3304) with CFM56s from Avolon.
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APOC AVIATION

Feb 27, 2020
APOC AVIATION, Rotterdam launched dedicated landing gear trading and leasing division.
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UK COURT OF APPEAL

Feb 27, 2020
UK COURT OF APPEAL ruled to block Heathrow expansion on the grounds of incompatibility with the Paris Climate Agreement.

MRO

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SPIRIT AERONAUTICS

Feb 23, 2020
SPIRIT AERONAUTICS, OH was subcontracted by ASTA to provide complete technical support, including all engineering, kitting and major aircraft mods,…
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LIEBHERR-AEROSPACE

Feb 23, 2020
LIEBHERR-AEROSPACE has Great Dane Airlines contract to provide landing gear overhaul for its (now three) E195s.
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LOTAMS

Feb 24, 2020
LOTAMS, Poland completed C-check on 737-800 (36588) for Air Europa and has now completed two 737s and an E195.
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MTU MAINTENANCE

Feb 24, 2020
MTU MAINTENANCE opened regional support office near Dubai International.
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AMES

Feb 24, 2020
AMES (AFI KLM E&M/Safran Nacelles), Dubai announced facility expansion to accommodate its newest activity for GE: preventive maintenance inspections…
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AIR CANADA

Feb 24, 2020
AIR CANADA signed LOIs to place airframe maintenance in Canada with AAR AIRCRAFT SERVICES TROIS-RIVIÈRES (A330/A320 Family) and AVIANOR (A220) over…
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EFW

Feb 25, 2020
EFW (ST Engineering/Airbus joint venture) secured EASA STC for its A321 freighter conversion; first aircraft (835; ex-Onur Air) is to be placed with…
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REVIMA

Feb 25, 2020
REVIMA and MALAYSIA AIRLINES teamed to provide landing gear overhaul/replacement to third party customers.
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SPAIRLINERS

Feb 25, 2020
SPAIRLINERS (AFI KLM E&M/Lufthansa Technik) signed general terms agreement with Emirates for A380 component support.
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REVIMA

Feb 25, 2020
REVIMA was selected by Air Arabia to provide A320-200 landing gear maintenance/overhaul out of Normandy, France.
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SAUDIA AEROSPACE ENGINEERING INDUSTRIES (SAEI)

Feb 25, 2020
SAUDIA AEROSPACE ENGINEERING INDUSTRIES (SAEI) says it has completed >100 GTCP331-350/-500 APU repairs out of its Jet Propulsion Center in Jeddah as…
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EIRTECH AVIATION SERVICES

Feb 25, 2020
EIRTECH AVIATION SERVICES received Bermudan CAMO approval.
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SABENA TECHNICS

Feb 25, 2020
SABENA TECHNICS was selected by Safran Nacelles to provide onsite product support through its GO TEAM mobile unit.
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COMMSOFT

Feb 26, 2020
COMMSOFT was selected by SalamAir to provide OASES MRO IT software.
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DE HAVILLAND CANADA

Feb 26, 2020
DE HAVILLAND CANADA was selected by Nordic Aviation Capital as launch customer for Dash 8-400 classic overhead bin extension modification (to provide…
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MAGNETIC MRO

Feb 27, 2020
MAGNETIC MRO signed MOU to form technical apprentice program in partnership with OSM Aviation, Norway.
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EIRTRADE AVIATION

Feb 27, 2020
EIRTRADE AVIATION is expected to part out ex-Air France A380-800 (040) for Dr. Peters at Knock Airport, Ireland.
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AJW GROUP

Feb 27, 2020
AJW GROUP secured long-term power-by-the-hour (PBH) contract from El Al for component support for 26 737NGs.
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VD GULF

Feb 27, 2020
VD GULF has contract from FLYONE, Moldova to provide heavy maintenance/mods on two A320-200s at Sharjah.

Aerospace

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AÉRO MONTRÉAL

Feb 23, 2020
AÉRO MONTRÉAL unveiled study by PwC Canada that found CSeries/A220 program generated a cumulative economic impact in Canada in 2007-2018 of $6.6b to…
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C&L AEROSPACE

Feb 24, 2020
C&L AEROSPACE purchased >1,400-line item ATR inventory from Intertrade.
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FLYHT

Feb 24, 2020
FLYHT has $1.77m order from Azur Aviation, Turkey to provide FLYHTHealth and FLYHTMail services to support its fleet of 737s, 757s, 767s and 777s.
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ACR GROUP

Feb 24, 2020
ACR GROUP, FL agreed to acquire FREEFLIGHT SYSTEMS, TX (avionics).
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COLUMBIA MANUFACTURING

Feb 25, 2020
COLUMBIA MANUFACTURING, CT received AS9110 certification for quality.
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SITAONAIR

Feb 25, 2020
SITAONAIR was selected by Air Côte d’Ivoire to provide Mobile ONAIR and Internet ONAIR Wi-Fi (over Inmarsat’s GX Aviation network) for its A320neos.
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KAMAN AEROSPACE

Feb 25, 2020
KAMAN AEROSPACE earned $130.4m on $762m sales in 2019 vs $94.4m on $736m in 2018.
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THALES AEROSPACE

Feb 26, 2020
THALES AEROSPACE earned €521m on €5.6b sales in 2019 vs €580m on €5.8b in 2018; order intake dropped 11%.
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HEICO FLIGHT SUPPORT GROUP

Feb 26, 2020
HEICO FLIGHT SUPPORT GROUP earned $62m on $301m sales for quarter ended January 31 vs $53m on $287m a year ago.
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THYSSENKRUPP AEROSPACE

Feb 27, 2020
THYSSENKRUPP AEROSPACE, Germany was selected by Aerospace Technology of Korea (ASTK) to supply raw material on just-in-time basis to support FAI …
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CFM INTERNATIONAL

Feb 27, 2020
CFM INTERNATIONAL delivered 2,127 narrowbody aircraft engines (1,736 LEAPs/391 CFM56s) in 2019, down from 2,162 (1,118/1,044) in 2018; it ended year…
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SAFRAN

Feb 27, 2020
SAFRAN had €2.7b net income on €24.6b sales in 2019 vs €2b on €21b in 2018; all three of its business segments (Aerospace Propulsion; Aircraft…
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MITSUBISHI

Feb 27, 2020
MITSUBISHI completed first flight of first Japanese-assembled PW1200G on its Flight Test Aircraft 1 (FTA1) at Moses Lake.
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FACC

Feb 27, 2020
FACC, Austria earned €34.6m on €665m sales for short FY19 (March-Dec 2019). It has begun efficiency improvement program to save €50m and is…
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TRIMAS AEROSPACE

Feb 27, 2020
TRIMAS AEROSPACE (Monogram Aerospace Fasteners/Allfast Fastening Systems/Mac Fasteners) earned $28.4m on $165m sales in 2019 vs $24.9m on $156m in…

MRO/Finance

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AJW GROUP

Feb 23, 2020
AJW GROUP, UK closed $70m senior secured credit facility with Wells Fargo Capital Finance (UK) and Shawbrook Bank to support spare parts acquisitions…

Business Aviation

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PEL-AIR

Feb 24, 2020
PEL-AIR, Australia ordered five King Air 350s (with aft cargo door) for delivery through 2021 for air ambulance services.
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PIPER AIRCRAFT

Feb 24, 2020
PIPER AIRCRAFT announced 27% year-over-year increase in aircraft deliveries in 2019; its backlog extends to 2027.
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KLASJET

Feb 25, 2020
KLASJET, Lithuania plans in late March to base 737-500 VIP (26680) in Saudi Arabia for Middle East market.
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CTT SYSTEMS

Feb 27, 2020
CTT SYSTEMS has Jet Aviation order to supply inflight humidification (IFH) VIP system in April 2020 for an ACJ340.
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NOVAJET AVIATION GROUP

Feb 27, 2020
NOVAJET AVIATION GROUP, Toronto secured IS-BAO Stage 3 accreditation for safety in its aircraft charter business.

Air Transport/Finance

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EL AL ISRAEL AIRLINES

Feb 24, 2020
EL AL ISRAEL AIRLINES has secured JOLCO financing for another 787-8 in deal arranged by ABL Aviation.
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SEABURY CAPITAL GROUP

Feb 25, 2020
SEABURY CAPITAL GROUP acquired STRUCTURED FINANCE INTERNATIONAL (SFI) to form SEABURY AIRCRAFT CAPITAL through a combination of its existing advisory…
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AVIATION CAPITAL GROUP

Feb 26, 2020
AVIATION CAPITAL GROUP posted $216m net income in 2019 (vs $266m in 2018) on 7% higher lease revenues.
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FLY LEASING

Feb 27, 2020
FLY LEASING had $225.9m net income in 2019 (vs $85.7m in 2018) on 16% higher revenues; it ended year with 89 aircraft.

Aerospace/MRO

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RHINESTHAL CTS

Feb 25, 2020
RHINESTHAL CTS was selected by EngineStands24 to provide technical support/management for global fleet of LEAP, CFM56, CF6 and CF34 stands.
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FALCON AVIATION

Feb 25, 2020
FALCON AVIATION has D1 approval from EASA, GCAA and GACA for NDT.
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FIRST CLASS AIR SUPPORT

Feb 25, 2020
FIRST CLASS AIR SUPPORT and CARGO REPAIR secured significant investment from O2 INVESTMENT PARTNERS to support growth; Louisville, KY-based companies…

Defense/MRO

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GKN AEROSPACE

Feb 25, 2020
GKN AEROSPACE was selected by FMV to provide technical support/MRO/spare parts out of Trollhättan for RM16 (F414) engines for Gripen E fighters for…
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MTU MAINTENANCE CANADA

Feb 26, 2020
MTU MAINTENANCE CANADA has 10-year, US$225m contract to provide F138 (CF6-80C2) depot maintenance for USAF C-5Ms.

Aerospace/Training

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ENTROL

Feb 26, 2020
ENTROL has en-1000 FNPT II simulator order from BATS Aviation, Malaysia.
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BAA TRAINING VIETNAM

Feb 26, 2020
BAA TRAINING VIETNAM installed its second A320neo full-flight simulator, supplied by SIM INTERNATIONAL, at its 3,000 sq meter facility in Ho Chi Minh…
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CPaT GLOBA

Feb 27, 2020
CPaT GLOBAL, TX was selected by Malaysia Aviation Group to provide tailored E-learning solutions for 737, 747, 777, A330 and A350 pilot training.

Who'sNews

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WHO'SNEWS: WESTJET

Feb 23, 2020
Jennifer Bue to Vice President-Controller of WestJet, Canada.
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WHO'SNEWS: WESTJET

Feb 23, 2020
Sarah Walker to Vice President-Financial Planning and Analysis of WestJet, Canada.
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WHO'SNEWS: SWOOP

Feb 24, 2020
Bert van der Stege to Head of Commercial of Swoop, Canada.
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WHO'SNEWS: ATSG

Feb 24, 2020
Rich Corrado, President of ATSG, was also named Chief Executive Officer; Joe Hete is retiring.
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WHO'SNEWS: PRESIDENTIAL AVIATION

Feb 25, 2020
Martin Rodriguez to Director of Maintenance of Presidential Aviation, Fort Lauderdale.
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WHO'SNEWS: HOWMET AEROSPACE

Feb 25, 2020
Tolga Oalto to co-Chief Executive Officer of Howmet Aerospace (effective April 1).
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WHO'SNEWS: HOWMET AEROSPACE

Feb 25, 2020
John C. Plant to co-Chief Executive Officer and Executive Chairman of the Board of Howmet Aerospace (effective April 1).
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WHO'SNEWS: AIRBUS HELICOPTERS

Feb 26, 2020
Thomas Hundt to Executive Vice President-Finance of Airbus Helicopters, Marignane.
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WHO'SNEWS: GENERAL AVIATION MANUFACTURERS ASSOCIATION

Feb 26, 2020
Kyle Martin to Vice President of European Affairs of the General Aviation Manufacturers Association (GAMA).
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WHO'SNEWS: GENERAL AVIATION MANUFACTURERS ASSOCIATION

Feb 26, 2020
Amanda Joyner to Managing Director of Government Affairs of the General Aviation Manufacturers Association (GAMA).
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WHO'SNEWS: GENERAL AVIATION MANUFACTURERS ASSOCIATION

Feb 26, 2020
Marc Ehudin to Direactor of Government Affairs of the General Aviation Manufacturers Association (GAMA).
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WHO'SNEWS: WHITE OAK AVIATION

Feb 26, 2020
Bob Genise, Asa Watts, and Greg Byrnes joined White Oak Aviation, based in Bellevue, Washington and Ireland respectively.
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WHO'SNEWS: COMMERCIAL-INTERNATIONAL

Feb 26, 2020
Jonty Nel to Executive Vice President of Commercial-International, based in Dubai, of GECAS (effective April 2020).
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WHO'SNEWS: BOEING

Feb 27, 2020
Susan Doniz to Chief Information Officer and Senior VP-Information Technology & Data Analytics of Boeing (effective May 2020).
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WHO'SNEWS: ASSET REMARKETING

Feb 27, 2020
David Byrne to Director of Asset Remarketing, based in Dublin, of GA Telesis.
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WHO'SNEWS: BRUSSELS AIRLINES

Feb 27, 2020
Nina Öwerdieck to Chief Financial Officer of Brussels Airlines.
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WHO'SNEWS: KENYA AIRWAYS

Feb 27, 2020
Allan Kilavuka to Group Managing Director and Chief Executive Officer of Kenya Airways.