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Aerospace

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BÖLLHOFF GROUP

Mar 06, 2020
BÖLLHOFF GROUP, Germany has acquired ownership interest in France's GILLIS AEROSPACE (fastener manufacturer).
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AIRBUS

Mar 06, 2020
AIRBUS is reportedly gauging customer interest for an A350 Freighter.
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TODS AEROSPACE

Mar 06, 2020
TODS AEROSPACE, UK has been placed into Administration.
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ICAO

Mar 09, 2020
ICAO has shifted implementation date for autonomous distress tracking and location of aircraft in distress from January 1, 2021 to January 1, 2023.
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GKN AEROSPACE

Mar 09, 2020
GKN AEROSPACE earned £409m on £3.9b revenues in 2019 vs £341m on £3.5b in 2018; restructuring is well on track.
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FAA

Mar 09, 2020
FAA proposed $19.7m fine against BOEING for allegedly installing ROCKWELL COLLINS head-up guidance systems (HUDs)on 618 737NGs/173 MAXs with sensors…
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BOEING

Mar 09, 2020
BOEING has added >US$1b in aircraft parts to GoDirect Trade (Honeywell).
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BOEING

Mar 10, 2020
BOEING reported that an employee in Everett was diagnosed with COVID-19 and as precaution, it has asked certain coworkers to remain home to self…
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SPEEA

Mar 10, 2020
SPEEA reports its professional unit has voted to 4-year contract extension with BOEING, but its technical unit rejected the deal.
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LONGVIEW AVIATION SERVICES

Mar 11, 2020
LONGVIEW AVIATION SERVICES made first flight of first Viking CL-415EAF (modified CL-215 in collaboration with CASCADE AEROSPACE); aircraft is first…
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BOC AVIATION

Mar 11, 2020
BOC AVIATION had US$702m net income for 2019 (vs $620m in 2018) on 14.5% higher revenues. It ended year with owned/managed/committed fleet of 523…
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GE AVIATION

Mar 11, 2020
GE AVIATION has SunExpress contract to provide eFOQA Mainline data analytics solution for flight data monitoring of its 737s and A330s.
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BOEING

Mar 12, 2020
BOEING delivered 17 aircraft (737-800A; three 767Fs; 777F; 12 787s) in February vs 49 (six 737NGs; 26 MAXs; four 767s; 747F; 777F; 11 787s) in Feb…
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AIRBUS

Mar 12, 2020
AIRBUS reported an employee in Madrid (Getafe), Spain was diagnosed with COVID-19 and as precaution, it has asked certain coworkers to remain home to…
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JPMORGAN

Mar 12, 2020
JPMORGAN has downgraded its outlook on BOEING (NYSE: BA) from Overweight to Neutral over COVID-19 crisis that it says will affect aircraft demand…
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RECARO

Mar 12, 2020
RECARO installed first shipset of BL3530 seats on 737 for ALC under SPRINT program that calls for meeting lessor needs within two months of the order…
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ANCHOR HARVEY

Mar 12, 2020
ANCHOR HARVEY, IL has secured AS9100 certification for quality for aluminum forged aerospace components from brake calipers to gyroscopes.
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QUESTEK

Mar 12, 2020
QUESTEK, IL and ITOCHU TECHNO-SOLUTIONS (CTC) formed joint venture to provide materials and metal alloys to meet user-defined properties for…
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AIRBUS

Mar 12, 2020
AIRBUS forecasts need in India for 1,880 aircraft (1,670 narrowbodies/210 widebodies) to satisfy 7.7% annual traffic growth.

Air Transport

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ALITALIA

Mar 06, 2020
ALITALIA administrators invited bids by March 18 for all or part of its aviation, ground handling and maintenance business.
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ACI

Mar 09, 2020
ACI is forecasting COVID-19 will reduce pax traffic by 24%, resulting in US$3b in lost airport revenues, in Asia Pacific in 1Q20.
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CATHAY DRAGON

Mar 09, 2020
CATHAY DRAGON reportedly flew A330s on Hong Kong-Beijing/-Shanghai with no pax/cargo in belly; story was not confirmed.
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AIR NEW ZEALAND

Mar 09, 2020
AIR NEW ZEALAND suspended 2020 earnings guidance due to increased uncertainty surrounding duration/scale of COVID-19.
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LUFTHANSA GROUP

Mar 09, 2020
LUFTHANSA GROUP says it is prepared to reduce capacity by up to 50% due to COVID-19; capacity adjustments would apply to all passenger airlines in…
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AIRCASTLE

Mar 09, 2020
AIRCASTLE has shareholder approval to be acquired by new entity controlled by MARUBENI and MIZUHO LEASING for $2.4b.
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HAWAIIAN AIRLINES

Mar 09, 2020
HAWAIIAN AIRLINES withdrew its estimates for RASM in 1Q20 due to COVID-19; it cannot provide any updated guidance, but says if there are no new net…
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ETHIOPIA

Mar 10, 2020
ETHIOPIA issued interim report on crash of Ethiopian Airlines' 737 MAX 8 in March 2019 that focuses on role played by flight control system and…
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BOC AVIATION

Mar 10, 2020
BOC AVIATION, Singapore agreed to purchase 22 GEnx-powered 787-8s from Boeing for delivery in 2020-2021 for lease to AMERICAN AIRLINES; aircraft were…
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DAE

Mar 10, 2020
DAE received authorization to repurchase US$300m in bonds through the open market; to date, it has repurchased approximately US$555m of principal…
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DELTA AIR LINES

Mar 10, 2020
DELTA AIR LINES plans to reduce planned system capacity by 15 points, including 20-25% international and 10-15% domestic, to offset demand declines…
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DELTA AIR LINES

Mar 10, 2020
DELTA AIR LINES says it currently expects approximately $2b in cost savings in 2020 from recent fuel price declines.
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TAROM

Mar 10, 2020
TAROM took delivery of third/fourth new ATR 72-600s (1622/1624) on lease from NAC as part of deal for nine.
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IAG

Mar 10, 2020
IAG agreed to transfer various slots in Spain from Iberia and Air Europe to VOLOTEA in conjunction with its buyout of Air Europa.
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AEGEAN

Mar 10, 2020
AEGEAN agreed to purchase 25% of ANIMAWINGS, Romania (charter startup with A320) from Memento for €412k.
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QANTAS GROUP

Mar 10, 2020
QANTAS GROUP plans to reduce capacity by 23% over next six months (via using smaller aircraft/reducing frequencies) due to COVID-19; it is grounding…
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US DOT

Mar 11, 2020
US DOT says US scheduled pax airlines employed 747,370 full-/part-time workers in January vs 731,190 in January 2019.
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ACI

Mar 11, 2020
ACI is estimating COVID-19 will reduce global airport pax traffic by 12% in 1Q20 (24% in Asia Pacific) vs previous forecast; global airport revenues…
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TUM AEROCARGA

Mar 11, 2020
TUM AEROCARGA, Mexico leased PEMCO-converted 737-400F (25100; ex-Alaska) from Avmax.
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ALTA

Mar 11, 2020
ALTA members flew 39.8b RPKs in January, up 0.1% vs Jan 2019; capacity rose 1.2% to 49.9b ASKs. Enplanements rose 3.5%.
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AIRBRIDGECARGO

Mar 11, 2020
AIRBRIDGECARGO, Russia is negotiating with lessors to terminate agreements on five 747 freighters due to falling demand.
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AMERICAN

Mar 11, 2020
AMERICAN is reducing peak summer capacity by 10% vs previous schedule due to COVID-19, including 55% reduction on trans-Pacific network; it is…
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UNITED

Mar 11, 2020
UNITED pulled down 10% of its domestic schedules and 20% of its international schedules in April due to COVID-19 and anticipates making reductions in…
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WILLIS LEASE FINANCE

Mar 11, 2020
WILLIS LEASE FINANCE had $66.9m net income on $409m revenues in 2019 vs $42.2m on $348m in 2018. It has 263 engines (vs 244 a year ago), 10 aircraft…
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CATHAY PACIFIC AIRWAYS

Mar 11, 2020
CATHAY PACIFIC AIRWAYS had HK$1.7b net profit for 2019 (vs HK$2.3b in 2018) on 3.7% lower revenues; enplanements fell 0.7%.
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VIETNAM AIRLINES

Mar 11, 2020
VIETNAM AIRLINES took delivery of 787-10 (60290) on 12-year lease from Air Lease Corporation as part of deal for eight.
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UNITED

Mar 11, 2020
UNITED reported that its CEO and President are forgoing 100% of each of their respective base salaries through at least June 30. It has also…
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EASTERN AIRWAYS

Mar 12, 2020
EASTERN AIRWAYS plans March 23 to begin Southampton-Belfast (ATR 72-600), formerly operated by Flybe.
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PARADIGM AIR OPERATORS

Mar 12, 2020
PARADIGM AIR OPERATORS, TX has been shut down by FAA for allegedly operating at least 34 unauthorized charter flights between 2013 and March 2018…
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LUKE AIR

Mar 12, 2020
LUKE AIR, Malta leased two A330-200s (489; ex-Air Italy/473; ex-Qatar Airways) for startup in deals arranged by Castlelake.
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LATAM AIRLINES

Mar 12, 2020
LATAM AIRLINES is reducing its international schedule by 30% due to lower demand and travel restrictions from COVID-19.
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AZUL

Mar 12, 2020
AZUL had R$1.2b net income in 2019 (vs R$897m in 2018) on 26.3% higher revenues. It says due to COVID-19, it is reducing international capacity by 20…
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US DOT

Mar 12, 2020
US DOT reports US airlines carried 70.9m pax in December 2019, up 4.8% vs December 2018; enplanements totaled record 926.7m passengers in 2019 (the…
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FRANKFURT AIRPORT

Mar 12, 2020
FRANKFURT AIRPORT handled 4.4m pax in February, down 4% vs Feb 2019; in last week of February (Feb 24-March 1), volumes dropped 14.5%. Cargo fell 8%.
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LONDON HEATHROW

Mar 12, 2020
LONDON HEATHROW handled 5.4m pax in February, down 0.7% vs Feb 2019; cargo traffic dropped 9.5% to 115,859 tonnes.
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US

Mar 12, 2020
US has suspended travel from continental Europe over COVID-19 ou; A4A commended move; however, AAPA is urging all governments to roll back or refrain…
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IATA

Mar 12, 2020
IATA says its previous scenario of $113b in lost revenues from COVID-19 did not include severe measures put in place by the US (SPNWS; March 6);…
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DELTA AIR LINES

Mar 12, 2020
DELTA AIR LINES has increased its ownership stake in HANJIN KAL (Korean Air) from 10% to 14.9%.

MRO

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SILK WAY TECHNICS

Mar 06, 2020
SILK WAY TECHNICS, Azerbaijan has EASA approval for 737 maintenance.
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THE AV8 GROUP

Mar 06, 2020
THE AV8 GROUP, TX has FAA STC to install its rain erosion shield (an aluminum or Quartz composite patch) on the leading edge of 737 vertical…
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AERONAUTICAL ENGINEERS

Mar 09, 2020
AERONAUTICAL ENGINEERS says it expects to convert about 10 737-400s to freighters in 2020 (vs original plan for 2-4) due to 737NG feedstock issues…
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AVAIR

Mar 09, 2020
AVAIR is opening 25,000 sq ft warehouse facility near Dublin Airport to support customers in Europe, Asia, and Middle East.
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C&L AVIATION

Mar 09, 2020
C&L AVIATION received Transport Canada certification for maintenance on Canadian-registered commercial aircraft.
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FL ARI AIRCRAFT MAINTENANCE & ENGINEERING

Mar 09, 2020
FL ARI AIRCRAFT MAINTENANCE & ENGINEERING was certified by EASA to perform 737/A320 line maintenance in China.
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TP AEROSPACE

Mar 09, 2020
TP AEROSPACE, Denmark opened wheel/brake MRO workshop near Moscow Sheremetyevo International Airport, Russia.
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MAGNETIC MRO

Mar 10, 2020
MAGNETIC MRO has Airbus contract to provide airframe maintenance for operators and owners in Europe, Middle East and Asia.
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KENYA AIRWAYS

Mar 10, 2020
KENYA AIRWAYS secured US$49m in govt loans to cover scheduled overhauls for 11 CF34-10s (E190s). AVIATION WEEK NETWORK is forecasting CF34…
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LUFTHANSA TECHNIK

Mar 10, 2020
LUFTHANSA TECHNIK has long-term technical support contracts from two Russian carriers: It will provide Red Wings with engine (V2500/CFM56) and…
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S7 TECHNICS

Mar 11, 2020
S7 TECHNICS has 5-year consignment stock contract from Satair covering exclusive aftermarket distribution of >350 part numbers in Russia/CIS.
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KLM

Mar 11, 2020
KLM retired 747-400 (24518) and ferried aircraft to Teruel for part out by TARMAC AEROSAVE.
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ARSA

Mar 12, 2020
ARSA forecasts global commercial aircraft MRO market to grow 3.7% per year from $90.7b in 2020 to $130.4b in 2030.

Air Transport/MRO

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TDA

Mar 06, 2020
TDA, The Netherlands acquired two ex-Germania A319-100s (3019/3407) for part out by ECUBE SOLUTIONS, Wales.

Business Aviation

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GE AVIATION

Mar 09, 2020
GE AVIATION teamed with POLARIS AERO to integrate its C-FOQA (Corporate Flight Operations Quality Assurance) with Polaris' Vector safety management…
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AFV PARTNERS

Mar 11, 2020
AFV PARTNERS acquired ROCKETROUTE, UK (flight planning/fuel/concierge/marketplace services) from Alyssum Holdings.

Defense

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MADISON DEARBORN PARTNERS

Mar 09, 2020
MADISON DEARBORN PARTNERS and COVANT MANAGEMENT agreed to acquire AEVEX AEROSPACE (ISR solutions) from Trive Capital.

Who'sNews

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WHO'SNEWS: AVAIR

Mar 09, 2020
Fjalar Scott was promoted to Vice President of Sales-Europe, based in Dublin, Ireland, of AvAir.
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WHO'SNEWS: EMIRATES

Mar 09, 2020
Shahreyar Nawabi to Senior Vice President-Legal, Compliance & Privacy of Emirates.
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WHO'SNEWS: PROFESSIONAL AIRCRAFT ACCESSORIES

Mar 11, 2020
Keith Johnson to Director of Materials and Production Control of Professional Aircraft Accessories (Greenwich AeroGroup), FL.
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WHO'SNEWS: IBA GROUP

Mar 11, 2020
Ian Beaumont to Chief Executive Officer of IBA Group, UK (effective March 11); Phil Seymour will continue as President.
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WHO'SNEWS: WAPLES MANUFACTURING

Mar 11, 2020
John Deely to Vice President of Sales of Waples Manufacturing, Fort Worth, TX.
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WHO'SNEWS: GECAS

Mar 11, 2020
John Bordeaux to Chief Investment Officer of GECAS.
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WHO'SNEWS: GECAS

Mar 11, 2020
Jonty Nel to Executive Vice President of Commercial-International, based in Dubai, of GECAS.
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WHO'SNEWS: LEASING OF TRUEAERO

Mar 11, 2020
Chris Luke to Senior Vice President of Leasing of TrueAero, Arlington, TX.
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WHO'SNEWS: BOMBARDIER

Mar 12, 2020
Éric Martel to President and Chief Executive Officer of Bombardier (effective April 6).
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WHO'SNEWS: ALASKA AIRLINES

Mar 12, 2020
Brooke Vatheuer to Vice President of Strategic Performance-Seattle of Alaska Airlines.
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WHO'SNEWS: SKY AIRLINE

Mar 12, 2020
Jose Ignacio Dougnac to Chief Executive Officer of SKY Airline, Chile; Holger Paulmann will become Chairman.

MRO/Business Aviation

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AJW GROUP

Mar 10, 2020
AJW GROUP extended Pool Access Agreement with Acropolis Aviation for an ACJ319; it entered into new deal for ACJ320neo.
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AMI AVIATION SERVICES

Mar 12, 2020
AMI AVIATION SERVICES, FL has EASA STC to install GARMIN G950 NXi next-gen integrated flight deck on Beech 1900D.

Air Transport/MRO

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UNIVERSAL ASSET MANAGEMENT

Mar 11, 2020
UNIVERSAL ASSET MANAGEMENT acquired ex-FlyBosnia A319-100 (1925) from Royal Aero for part out.

Training

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CPaT GLOBA

Mar 11, 2020
CPaT GLOBAL, TX was selected by Cebu Pacific to provide tailored E-learning solutions for A320, A320neo, A330, ATR 72-500 and ATR 72-600 pilot…

Aerospace/Defense

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ROLLS-ROYCE

Mar 12, 2020
ROLLS-ROYCE began manufacturing electronic engine controllers at its facility near Purdue University, IN to support its US defense business,…