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Air Transport

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AVIANCA

Feb 28, 2020
AVIANCA had US$894m net loss in 2019 (vs US$1.1m net profit in 2018) on 12.3% higher revenues; it has 171 aircraft.
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FINNAIR

Feb 28, 2020
FINNAIR has revised down it financial outlook for 2020 due to Coronavirus outbreak and now estimates that results in both 1Q20 and 2Q20 will be…
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BRITISH AIRWAYS

Feb 28, 2020
BRITISH AIRWAYS earned €1.5b in 2019 (vs €2.7b in 2018) on 2.5% higher revenues.
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AER LINGUS

Feb 28, 2020
AER LINGUS earned €276m in 2019 (vs €305m in 2018) on 5.8% higher revenues.
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IBERIA

Feb 28, 2020
IBERIA earned €497m in 2019 (vs €437m in 2018) on 9.2% higher revenues.
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VUELING

Feb 28, 2020
VUELING earned €240m in 2019 (vs €200m in 2018) on 5% higher revenues.
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INTL AIRLINES GROUP (IAG)

Feb 28, 2020
INTL AIRLINES GROUP (IAG) earned €2.6b for 2019 (vs €3.7b in 2018) on 5.1% higher revenues and says given the ongoing uncertainty on potential impact…
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VISTARA

Feb 28, 2020
VISTARA, India took delivery of its first GEnx-powered 787-9 (66526); it has five more on order with second now in assembly.
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AIRASIA GROUP

Feb 28, 2020
AIRASIA GROUP lost MYR286m in 2019 (vs MYR2b net profit in 2018) on 17% higher revenues; enplanements rose 16%.
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AIRASIA X

Feb 28, 2020
AIRASIA X lost MYR489.5m in 2019 (vs MYR301.5m loss in 2018) on 14% lower revenues; enplanements rose 8%.
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AEROFLOT

Feb 28, 2020
AEROFLOT took delivery of its first A350-900 (383); it has ordered 22. It also has 107 A320 Family aircraft and 19 A330s.
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ACI

Feb 28, 2020
ACI reports year-over-year world airport passenger traffic increased 4.9% in December and 3.4% in 2019; cargo fell 0.1% in December and 3.5% in 2019.
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AVENTURE AVIATION

Feb 28, 2020
AVENTURE AVIATION acquired ex-La Campagnie 757-200 (27208) from Aerolease for part out by AERSALE in Goodyear, AZ. It says planned retirements of…
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AER LINGUS

Feb 28, 2020
AER LINGUS leased fourth new LEAP-powered A321LR (9187) from Air Lease Corporation; four more are planned.
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80c2 PARTNERS

Mar 02, 2020
80c2 PARTNERS purchased last (474) of six A340-300s with CFM56-5C4s from Philippine Airlines as part of deal signed in 2018 (SPNWS; April 27, 2018);…
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WIZZ AIR

Mar 02, 2020
WIZZ AIR finalized agreement to establish WIZZ AIR ABU DHABI in partnership with Abu Dhabi Development Holding for startup in late 2020 to a range of…
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LUFTHANSA

Mar 02, 2020
LUFTHANSA announced plan to reduce short-haul operations by up to 25% due to Coronavirus, which is also forcing additional cuts to long-haul…
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HNA GROUP

Mar 02, 2020
HNA GROUP is expected to receive financial relief from Chinese Govt; it is parent to Hainan Airlines and Hong Kong Airlines.
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FLYARYSTAN

Mar 02, 2020
FLYARYSTAN plans in late April to open new base in Karaganda and open eight new routes to Atyrau, Aktau, Kostanay, Kyzylorda, Aktobe, Shymkent, Semey…
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HAWAIIAN AIRLINES

Mar 02, 2020
HAWAIIAN AIRLINES acquired ex-ASL Airlines ATR 72-200F (389) from AELIS Group and now has four LCD freighters.
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AFG AVIATION IRELAND

Mar 02, 2020
AFG AVIATION IRELAND purchased ex-Gulf Air A320-200 (4865) with CFM56s in deal arranged by AMCK Aviation, Dublin.
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SPIRIT AIRLINES

Mar 02, 2020
SPIRIT AIRLINES plans in June to begin New Orleans-Cancun/-San Pedro Sula, Honduras (A320).
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JEJU AIR

Mar 03, 2020
JEJU AIR agreed to acquire 51.2% stake in EASTAR JET for US$45.6m, lower than originally reported price of US$58.2m.
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HIMALAYA AIRLINES

Mar 03, 2020
HIMALAYA AIRLINES has acquired ex-Tibet A319-100 (9020) with CFM56s to join fleet of three A320-200s.
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AIR ASTANA

Mar 03, 2020
AIR ASTANA took delivery of second GTF-powered A321LR (8980) on lease from Air Lease Corporation. It also operates 10 A320ceo Family aircraft and…
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AIR CANADA

Mar 03, 2020
AIR CANADA plans June 15 to begin daily Vancouver, BC-Orange County, CA (A319).
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LAUDAMOTION

Mar 03, 2020
LAUDAMOTION, Austria leased ex-IndiGo A320-200 (4603) with V2500s from ORIX Aviation.
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AEROFLOT

Mar 03, 2020
AEROFLOT had RUB13.5b net income for 2019 (vs RUB55.7b loss in 2018) on 10.8% higher revenues; enplanements rose 9%.
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ATSG

Mar 03, 2020
ATSG had $61.2m net profit in 2019 (vs $69.3m in 2018) on 63% higher revenues (per acquisition of OMNI AIR INTL). CAM earned $68.6m on $302m revenues…
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UPS

Mar 03, 2020
UPS leased ex-All Nippon Airways 767-300ER (25136) from Cargo Aircraft Management; two more are due in 2020.
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SKYUP AIRLINES

Mar 03, 2020
SKYUP AIRLINES, Ukraine leased ex-Jet Airways 737-900ER (35227) from GECAS; another is expected in April 2020.
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LAUDAMOTION

Mar 04, 2020
LAUDAMOTION, Austria leased ex-Philippine Airlines A320-200 (5140) with CFM56s from GECAS.
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IATA

Mar 04, 2020
IATA reports year-over-year pax traffic growth of 2.4% in January 2020 (on 1.7% higher capacity), the lowest monthly increase since April 2010, when…
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LUFTHANSA GROUP

Mar 04, 2020
LUFTHANSA GROUP plans November 8 to move all Berlin operations (six airlines) from Tegel Airport to the new Berlin Brandenburg Airport (BER).
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FLYDUBAI

Mar 04, 2020
FLYDUBAI posted AED198.2m profit on 2.6% lower revenues in 2019. It says it has concluded an interim settlement agreement with Boeing for certain…
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CALC

Mar 04, 2020
CALC earned HK$896m on HK$3.5b revenues in 2019 vs HK$808.9m on HK$3.3b in 2018. It ended year with 133 owned and managed fleet of 134 aircraft on…
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US DOT

Mar 04, 2020
US DOT reports fuel cost for US scheduled airlines was $1.98 per gallon in January vs $1.91 in January 2019.
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AERFIN

Mar 04, 2020
AERFIN says in 2015-2018 it has acheived a compound annual growth rate (CAGR) of 70%; it is majority owned by CataCap.
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ALLEGIANT

Mar 04, 2020
ALLEGIANT plans in October to establish its 21st aircraft base at Concord (near Charlotte), NC with two A320s.
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CALC

Mar 05, 2020
CALC acquired 35.68% of Indonesia's TRANSNUSA for US$28m through a subscription agreement with AVIATION SYNERGY.
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ETIHAD AIRWAYS

Mar 05, 2020
ETIHAD AIRWAYS lost US$870m in 2019 (vs US$1.28b loss in 2018) on 16% lower revenues; ETIHAD CARGO had US$700m revenues in 2019 vs US$830m in 2018 on…
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JETBLUE AIRWAYS

Mar 05, 2020
JETBLUE AIRWAYS leased ex-Thomas Cook A321-200 (6059) with V2500s from Aviation Capital Group.
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IATA

Mar 05, 2020
IATA is now projecting 2020 global pax revenue losses of $63b-$113b, up from $29.3b previously forecasted (based on impact confined to markets…
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FLYBE

Mar 05, 2020
FLYBE ceased opaerations and entered Administration after it was unable to secure necessary loans amid bookings drop over Coronavirus outbreak; it…
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INDIGO

Mar 05, 2020
INDIGO, India sold first GTF-powered A320neo (9094) to Dragon Aviation Leasing, and leased it back as part of previously announced SLB deal for three…
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SILVER AIRWAYS

Mar 05, 2020
SILVER AIRWAYS has deployed its first ATR 72-600 in the Caribbean; it plans to add three ATR 42-600s into region by mid-2020.

Aerospace

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SPIRIT AEROSYSTEMS

Feb 28, 2020
SPIRIT AEROSYSTEMS opened A320 composite spoiler manufacturing facility (7,000 units per year) in Prestwick, Scotland.
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SPIRIT AEROSYSTEMS

Feb 28, 2020
SPIRIT AEROSYSTEMS had $530m net income on $7.8b revenues in 2019 vs $617m on $7.2b in 2018; 4Q19 results were negatively affected by $67m forward…
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CFM INTERNATIONAL

Feb 28, 2020
CFM INTERNATIONAL booked orders/commitments for 2,148 engines (1,968 LEAPs) worth $30.7b in 2019. It expects to produce 1,400 LEAPs in 2020.
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ROLLS-ROYCE

Feb 28, 2020
ROLLS-ROYCE reports its Civil Aerospace business earned £44b on £8.1b revenues (60% aftermarket) in 2019 vs £162m loss on £7.4b in 2018, it delivered…
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AIRBUS

Mar 02, 2020
AIRBUS made first flight of 251-tonne A330-900 for certification in mid-2020; aircraft offers additional 650 nm range (to 7,200 nm) vs standard 242…
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AURELIUS GROUP

Mar 02, 2020
AURELIUS GROUP, Germany acquired ZIM, Germany (seat manufacturer) in deal arranged by Seabury Capital Group.
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CIRCOR AEROSPACE & DEFENSE

Mar 02, 2020
CIRCOR AEROSPACE & DEFENSE earned $51.5m on $273m sales in 2019 vs $36m on $237m in 2018. It has $194.5m backlog.
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AE INDUSTRIAL PARTNERS

Mar 03, 2020
AE INDUSTRIAL PARTNERS has acquired ADCOLE MARYLAND AEROSPACE (AMA), MA, which produces critical spacecraft components/small satellites.
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TRIMAS AEROSPACE

Mar 03, 2020
TRIMAS AEROSPACE completed acquisition of RSA ENGINEERED PRODUCTS, Simi Valley, CA which manufactures air ducting, connectors, flexible joints, ozone…
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CT

Mar 03, 2020
CT acquired AST ENGINEERING, Germany (systems/software engineering).
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PIETRO ROSA TBM

Mar 03, 2020
PIETRO ROSA TBM, Italy has 10-year MTU Aero Engines contract to supply precision forged airfoils for PW1100G-JMs and PW1400G-JMs for A320neo Family…
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AIRBUS

Mar 03, 2020
AIRBUS rolled out from paint shop the first US-assembled A220-300 (55069) for delivery to DELTA, its first A220-300.
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PIETRO ROSA TBM

Mar 04, 2020
PIETRO ROSA TBM, Italy has 10-year MTU Aero Engines contract to supply precision forged airfoils for PW1100G-JMs and PW1400G-JMs for A320neo Family…
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AIRBUS

Mar 02, 2020
AIRBUS made first flight of 251-tonne A330-900 for certification in mid-2020; aircraft offers additional 650 nm range (to 7,200 nm) vs standard 242…
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MAC AERO INTERIORS

Mar 04, 2020
MAC AERO INTERIORS has moved production out of UK to Tallinn, Estonia.
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LUFTHANSA SYSTEMS

Mar 04, 2020
LUFTHANSA SYSTEMS secured EASA certification for Lido Surface Data NEXTView (global terrain data) developed in partnership with INTERMAP TECHNOLOGIES…
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ECLIPSE

Mar 04, 2020
ECLIPSE, Paris changed its name to ECLIPSE GLOBAL CONNECTIVITY and its design/installation unit EAD AEROSPACE changed to ECLIPSE TECHNICS.
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AIRBUS

Mar 02, 2020
AIRBUS made first flight of 251-tonne A330-900 for certification in mid-2020; aircraft offers additional 650 nm range (to 7,200 nm) vs standard 242…

Defense

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MEGGITT

Feb 28, 2020
MEGGITT has 5-year, $73m Bell Textron contract to supply composite de-icing propeller rotor blankets, heated spinners, fairings and pendulums for the…
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AERO PRECISION

Mar 02, 2020
AERO PRECISION, CA acquired Southern California-based KELLSTROM DEFENSE (defense aircraft sustainment solutions); both companies currently serve a…
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SAAB

Mar 02, 2020
SAAB is bidding for Canada's Future Fighter Capability Project (FFCP) and announced that Canada's IMP AEROSPACE & DEFENSE, CAE, PERATON CANADA and GE…
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BOEING

Mar 03, 2020
BOEING is developing all-new, thrust compounded single-main rotor helicopter with 6-bladed rotor system, single engine, tandem seating and fly-by…
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LOCKHEED MARTIN

Mar 03, 2020
LOCKHEED MARTIN delivered its 500th F-35: 354 F-35As, 108 F-35Bs and 38 F-35Cs to US (353), partner nations (92) and international FMS customers (55)…

MRO

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BONUS TECH

Feb 28, 2020
BONUS TECH, Miami was selected by Royal Aero to part out a GE90-115B
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AMERICAN AIRLINES

Mar 02, 2020
AMERICAN AIRLINES plans to invest $550m into TECH OPS-TULSA over next seven years to build new 193,000 sq ft hangar (to replace two outdated hangars)…
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AERONAUTICAL ENGINEERS

Mar 02, 2020
AERONAUTICAL ENGINEERS was selected by Nigeria's Allied Air to convert up to four (two firm/two option) 737-800s to freighters; first (36746; ex…
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QANTAS

Mar 02, 2020
QANTAS was selected by Air Vanuatu to provide ground handling at Sydney.
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GA TELESIS

Mar 03, 2020
GA TELESIS received FAA certification to perform 737NG landing gear repair and overhaul at Miami International Airport.
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WORLD FUEL

Mar 04, 2020
WORLD FUEL purchased UVAIR FUELING from Universal Weather and Aviation.
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SAFRAN LANDING SYSTEMS

Mar 04, 2020
SAFRAN LANDING SYSTEMS and LUFTHANSA TECHNIK formed long-term partnership to provide A380 landing gear asset management and repair/overhaul services…
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AIR INDIA ENGINEERING SERVICES

Mar 05, 2020
AIR INDIA ENGINEERING SERVICES (AIESL) was licensed by Pratt & Whitney to provide GTF maintenance at Mumbai.

Business Aviation

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DC AVIATION

Mar 02, 2020
DC AVIATION was selected by Comlux to perform ACJ, Global Express and Challenger line maintenance and warranty work at Stuttgart its customers based…
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ACROPOLIS AVIATION

Mar 02, 2020
ACROPOLIS AVIATION, UK took delivery of the first LEAP-powered ACJ320neo (8403) following completion at AMAC AEROSPACE, Basel.
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STANDARDAERO

Mar 02, 2020
STANDARDAERO launched a new business aviation engine exchange program covering TFE731s, CFE738s and PW305s, plus Honeywell 36-100/150 APUs; it will…
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STEVENS AEROSPACE

Mar 02, 2020
STEVENS AEROSPACE was approved by Mexico to provide business aircraft maintenance/mods out of Macon, GA.
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WHEELS UP

Mar 03, 2020
WHEELS UP acquired GAMA AVIATION SIGNATURE, CT (aircraft management/charters), the exclusive operator of Wheels Up fleet of King Air 350i, Citation…
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FAI RENT-A-JET

Mar 03, 2020
FAI RENT-A-JET, Germany acquired its second Premier 1A for turnkey charters starting in June; it now has 27 aircraft.
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UNIVERSAL AVIONICS

Mar 03, 2020
UNIVERSAL AVIONICS, AZ has EASA certification for its ClearVision EFVS with SkyLens head-wearable display.

Air Transport/Finance

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AVATION

Feb 28, 2020
AVATION, Singapore had US$38.2m net income on US$68m revenues in 2H19 vs $13.6m on $59m in 2H18; it has 49 aircraft.
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TAP AIR PORTUGAL

Mar 05, 2020
TAP AIR PORTUGAL secured financing from BNP Paribas and Novus Aviation Capital’s Tamweel Aviation Finance (TAF) for two A330-900s (1941/1954)…

Air Transport/MRO

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ZEEVO GROUP

Mar 02, 2020
ZEEVO GROUP, WA and AMS AIRCRAFT SERVICES, UK formed strategic alliance to provide technical support services covering commercial aircraft pre…

Aerospace/Training

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L3HARRIS TECHNOLOGIES

Mar 03, 2020
L3HARRIS TECHNOLOGIES has BAA Training order for nine RealitySeven (Airbus/Boeing) full flight simulators; four are slated for delivery through 1H21…

Aerospace/Helicoptors

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ERICKSON

Mar 03, 2020
ERICKSON, OR received FAA approval for new composite main rotor blades for its S-64; it also plan to certify on the CH54.

Business Aviation/Aerospace

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PIPER

Mar 03, 2020
PIPER has installed a high-pressure Flexform press from QUINTUS TECHNOLOGIES for manufacturing sheet metal parts.

Business Aviation/MRO

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RUAG MRO INTERNATIONAL

Mar 04, 2020
RUAG MRO INTERNATIONAL completed full repaint of its first Legacy 500 at Oberpfaffenhofen.

WHO'SNEWS

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WHO'SNEWS: UNIVERSAL AVIONICS

Feb 28, 2020
Don Milum to US Senior Sales Manager, based in Kansas City, of Universal Avionics.
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WHO'SNEWS: AMETEK MRO

Feb 28, 2020
David Bentley to Divisional Vice President and Business Unit Manager-Midwest Region, based in Tulsa, of AMETEK MRO.
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WHO'SNEWS: GENERAL ELECTRIC

Mar 02, 2020
Jack Welch, former Chairman and CEO of General Electric, passed away; he was 84.
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WHO'SNEWS: FLYHT

Mar 04, 2020
Derek Taylor to Vice Presidaent of Sales and Marketing of FLYHT, Calgary, Canada.
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WHO'SNEWS: SUMMIT AVIATION

Mar 04, 2020
Josh Allen to Director of Manufacturing, based in Somerset, KY, of Summit Aviation (Greenwich AeroGroup).
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WHO'SNEWS: JET MAINTENANCE SOLUTIONS

Mar 05, 2020
Vytis Zalimas to Chief Executive Officer of Jet Maintenance Solutions (JET MS), Vilnius, Lithuania.
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WHO'SNEWS: AERCAP

Mar 05, 2020
Paul T. Dacier was appointed Chairman of the Board of AerCap, succeeding Pieter Korteweg.
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WHO'SNEWS: JACKSON SQUARE AVIATION

Mar 05, 2020
Michael Hazelton to Head of Trading of Jackson Square Aviation, San Francisco.
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WHO'SNEWS: JACKSON SQUARE AVIATION

Mar 05, 2020
Mathew Adamo, EVP and Head of Capital Markets of Jackson Square Aviation, San Francisco, was also named Chief Investment Officer.
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WHO'SNEWS: JACKSON SQUARE AVIATION

Mar 05, 2020
John Yanney to Head of Americas Marketing and OEM Relations of Jackson Square Aviation, San Francisco.
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WHO'SNEWS: JACKSON SQUARE AVIATION

Mar 05, 2020
Michael Hazelton to Head of Trading of Jackson Square Aviation, San Francisco.
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WHO'SNEWS: AVIATION CAPITAL GROUP

Mar 05, 2020
Tony Diaz joined the Board of Representatives of Aviation Capital Group, Newport Beach, CA.