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Air Transport

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DELTA AIR LINES and LATAM AIRLINES GROUP

May 08, 2020
DELTA AIR LINES and LATAM AIRLINES GROUP signed trans-American joint venture agreement to combine their route networks between North and South…
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AIR LEASE CORPORATION

May 08, 2020
AIR LEASE CORPORATION had $133.3m net income in 1Q20 (vs $138.1m in 1Q19) on 9.7% higher revenues, and ended the quarter with 300 owned/82 managed…
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FLY LEASING

May 08, 2020
FLY LEASING had $38.1m net income in 1Q20 (vs $45m in 1Q19) on 17% lower revenues, and ended quarter with 84 aircraft.
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SKYWEST

May 08, 2020
SKYWEST had $30m net income in 1Q20 (vs $88.2m in 1Q19) on 1% higher revenues and says it is working with its major airline partners on fleet…
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AIRBALTIC

May 08, 2020
AIRBALTIC secured agreement for €250m cash injection from the Latvian Govt, increasing its ownership from 80.05% to 91%.
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WIZZ AIR

May 08, 2020
WIZZ AIR agreed to sell six GTF-powered A321neos to BOC Aviation for leaseback for delivery in 2020-2021.
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US DOT

May 08, 2020
US DOT says US scheduled passenger airlines employed 751,817 workers in March 2020 vs 734,786 in March 2019.
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JETBLUE

May 08, 2020
JETBLUE revised its delivery schedule with Airbus to reduce CAPEX by $1.1b through 2022; it now plans to take delivery of one A220/seven A321s in…
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AVIANCA

May 11, 2020
AVIANCA voluntarily filed Chapter 11 in US to reorganize due to COVID-19. Its scheduled passenger operations have been grounded since mid-March,…
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EMIRATES GROUP

May 11, 2020
EMIRATES GROUP had AED1.7b net profit for year ended March 31 (vs AED2.3b a year ago) on 5% lower revenues. EMIRATES AIRLINE earned AED1.1b vs…
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LUFTHANSA GROUP

May 11, 2020
LUFTHANSA GROUP (Lufthansa, Eurowings and SWISS) plans to restart on June 1 serving 106 destinations with 160 aircraft.
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MIAMI AIR INTERNATIONAL

May 11, 2020
MIAMI AIR INTERNATIONAL is being liquidated. It filed Chapter 11 in late March with six 737s (SPNWS; March 27).
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RYANAIR

May 12, 2020
RYANAIR announced plan to return to 40% of normal flight schedules on July 1, subject to several conditions.
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AMAZON

May 12, 2020
AMAZON took delivery of first (32348; ex-Pegasus) of 10 converted 737-800BCFs from GECAS for operation by SUN COUNTRY.
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CHINA EXPRESS AIRLINES

May 12, 2020
CHINA EXPRESS AIRLINES is expected to order 50-80 ARJ21s from COMAC for delivery starting in 2H20. It has 38 CRJ900s.
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TAV

May 12, 2020
TAV, Turkey and VPE CAPITAL agreed to acquire ALMATY INTL AIRPORT.
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SINGAPORE CHANGI

May 12, 2020
SINGAPORE CHANGI is suspending operations at T4 (in addition to T2) on May 16 and will now operate only at T1 and T3; traffic was down 99.5% in April…
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LONDON HEATHROW

May 12, 2020
LONDON HEATHROW handled 206k pax in April, down 97% vs April 2019.
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US DOT

May 12, 2020
US DOT has relaxed service (destination) obligations for US carriers covered under the CARES Act in light of ongoing challenges.
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MESA

May 12, 2020
MESA had $1.9m net income in 1Q20 (vs $13.2m in 1Q19) on 1.5% higher revenues; primary reason for $14.1m reduction in pretax income was anticipated…
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ALITALIA

May 12, 2020
ALITALIA is to be relaunched in June with at least €3b from Italian Govt; it is expected to begin with about 90 aircraft.
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GARUDA

May 12, 2020
GARUDA is working with Indonesian Govt to draft $1b financing proposal to restructure $500m Islamic bond and provide $500m bridging loans for working…
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US DOT

May 12, 2020
US DOT estimates top 24 US airlines carried 38.7m pax (34.1m domestic/4.6m international) in March, down 51% vs March 2019.
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BRUSSELS AIRLINES

May 13, 2020
BRUSSELS AIRLINES presented turnaround plan that includes reducing fleet from 54 to 38 aircraft (it is removing two of its 10 A330s, nine of its 39…
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CAPA

May 13, 2020
CAPA is projecting domestic airline capacity in Australia will reach 49% of 2019 levels by Oct 2020 and 60% by mid-Dec 2020.
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BOEING

May 13, 2020
BOEING booked no aircraft orders in April, but did record cancellations for 108 737 MAXs; it ended April with 49 orders (-516 net) in 2020. It has…
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BOEING CEO

May 13, 2020
BOEING CEO said it is most likely a major US airline will go out of business in 2020 as he predicts pax traffic will not even rebound to 25% of…
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AIRCASTLE

May 13, 2020
AIRCASTLE had $34.2m net loss on $282.5m revenues in 1Q20 vs $34.8m net profit on $190m in 1Q19; it acquired four narrowbodies in 1Q20 for $82.3m and…
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GOL

May 13, 2020
GOL says it has reduced 737 MAX deliveries in 2020/2021/2022 by 14/20/13 aircraft respectively (SPNWS; April 17).
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GOL

May 13, 2020
GOL is currently projecting year-over-year capacity drop of 45% in 2020 (30% in 4Q20); it grounded 120 737s in late March and in April flew 7% of…
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IATA

May 13, 2020
IATA is now forecasting (baseline scenario) that global RPKs in 2021 will be 24% below 2019 levels and 32% lower than its latest forecast; it does…
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VIRGIN ATLANTIC To End London Gatwick Operations

May 13, 2020
VIRGIN ATLANTIC plans following a gradual recovery, it will fly to 24 destinations from London Heathrow, Manchester, Glasgow and Belfast in Summer…
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ALTA

May 13, 2020
ALTA members flew 63.1b RPKs in March, down 22.9% vs March 2019; capacity fell 11.7% to 87.8b ASKs. Enplanements fell 17.5%.
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BESTFLY

May 13, 2020
BESTFLY, Angola leased second ex-Azul ATR 72-600 (1072) from ACIA Aero Leasing.
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ALLEGIANT AIR

May 13, 2020
ALLEGIANT AIR earned $51.1m in 1Q20 (vs $98.5m in 1Q19) on 10% lower revenues; it reduced April capacity by 87.4%.
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HI AIR

May 13, 2020
HI AIR, South Korea agreed to purchase two ATR 72-500s from ATR for delivery in July 2020 and by January 2021; it has two.
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AZUL

May 14, 2020
AZUL lost R$6.1b in 1Q20 (vs R$125.3m net income in 1Q19) on 10.3% higher revenues and closed previously announced acquisition of TWO TAXI AEREO …
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AIRBALTIC

May 14, 2020
AIRBALTIC plans May 18 to restart scheduled services to three cities (Amsterdam/Copenhagen/Oslo) with an all-A220 fleet.
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AIR ASTANA

May 14, 2020
AIR ASTANA is resuming some domestic services, and expects to be operating 30% of its pre-crisis network by the end of May.
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EMIRATES

May 14, 2020
EMIRATES plans May 21 to restart scheduled services to nine international destinations: London, Frankfurt, Paris, Milan, Madrid, Chicago, Toronto,…
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ISRAEL AEROSPACE INDUSTRIES

May 14, 2020
ISRAEL AEROSPACE INDUSTRIES (with TLD and SAS) is expanding its TaxiBot operation/deployment to Amsterdam Schiphol and Bangalore Airport, India for…
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DELTA AIR LINES

May 14, 2020
DELTA AIR LINES plans to retire its 18 777s by end of 2020 due to COVID-19 crisis, and will replace aircraft with A350s.
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SOUTHWEST AIRLINES

May 14, 2020
SOUTHWEST AIRLINES entered into sale-leaseback transactions for 10 737 MAX 8s with BOC Aviation and 10 737-800s with an unidentified investor; it…
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NOLINOR AVIATION

May 14, 2020
NOLINOR AVIATION, Canada purchased ex-Alba Star 737-400 (24129) from Vx Capital Partners and ex-Xtra Airways 737-400 (24688) from AerSale; and has…
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AIR SERBIA

May 14, 2020
AIR SERBIA is postponing start of scheduled flights from June 1 to June 15 to comply with EC recommendations; relaunching of flights to limited…
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UNITED AIRLINES

May 14, 2020
UNITED AIRLINES took delivery of another ex-China Southern A319-100 (2004) on lease from AerCap as part of deal for 25.
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GOL

May 14, 2020
GOL confirmed agreement with Boeing regarding compensation for 737 MAX grounding and order book restructuring resulted in R$0.5b of cash in April and…
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AZUL

May 14, 2020
AZUL lost R$6.1b in 1Q20 (vs R$125.3m net income in 1Q19) on 10.3% higher revenues and closed previously announced acquisition of TWO TAXI AEREO …
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AIRCASTLE

May 13, 2020
AIRCASTLE had $34.2m net loss on $282.5m revenues in 1Q20 vs $34.8m net profit on $190m in 1Q19; it acquired four narrowbodies in 1Q20 for $82.3m and…

MRO

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COMMERCIAL JET

May 08, 2020
COMMERCIAL JET completed its 13th CRJ200 pax-to-freighter conversion at Dothan,
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H+S AVIATION

May 11, 2020
H+S AVIATION was selected by LHTEC as sole OEM-authorized MRO center for CTS800s for Super Lynx/Wildcat helicopters.
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COMMERCIAL JET

May 11, 2020
COMMERCIAL JET completed its 13th CRJ200 pax-to-freighter conversion at Dothan, AL as authorized AEI conversion center.
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STANDARDAERO

May 11, 2020
STANDARDAERO has $237m USAF contract to provide J85 maintenance for T-38 trainers at San Antonio through 2028.
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AERONAUTICAL ENGINEERS

May 12, 2020
AERONAUTICAL ENGINEERS booked order from Aviation Holdings III to convert three 737-800s; first modification (29916; ex-SunExpress/Anadolu Jet) will…
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DE HAVILLAND CANADA

May 12, 2020
DE HAVILLAND CANADA has Transport Canada approval for Dash 8-100/200/300 simplified package freighter conversions in response to COVID-19; Kenya's…
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EJS

May 12, 2020
EJS, UK purchased entire regional jet spares inventory of Braathens Regional, including 15 ALF507s, airframe rotables/consumables, tooling and engine…
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THE AV8 GROUP

May 12, 2020
THE AV8 GROUP completed expansion of its landing gear/component overhaul facility in Houston from 20,000 to 30,000 sq ft.
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MTU MAINTENANCE

May 14, 2020
MTU MAINTENANCE extended its contract from Aerologic to provide GE90-110B maintenance/support for 12 more years.

Aerospace

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DDC-I

May 11, 2020
DDC-I, AZ was selected by Pratt & Whitney to provide its Deos DO-178 safety-critical real-time operating system (RTOS) for PT6 E-Series engine.
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GOGO

May 11, 2020
GOGO lost $84.8m in 1Q20 (vs $16.8m loss in 1Q19) on 8% lower revenues; it has furloughed 54% of its workforce (about 600 employees) due to COVID-19.
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GLEBAR

May 11, 2020
GLEBAR has developed solution for precision thrufeed grinding of steel tubes.
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SAFRAN

May 11, 2020
SAFRAN laid off 3,000 employees in Queretaro, Mexico due to COVID-19 crisis.
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MITSUBISHI HEAVY INDUSTRIES

May 11, 2020
MITSUBISHI HEAVY INDUSTRIES is cutting year-over-year development costs for SpaceJet by 50% in 2020 to about US$562m.
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EMBRAER

May 12, 2020
EMBRAER delivered five commercial jets (three E175s/E190-E2/E195-E2) in 1Q20 vs 11 (10 E175s/E190-E2) in 1Q19.
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FACC

May 12, 2020
FACC had €8.6m net profit on €194m revenues in 1Q20 (best first quarter result in its history) vs €5.3m loss on €206m in 1Q19.
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MITSUBISHI HEAVY INDUSTRIES

May 12, 2020
MITSUBISHI HEAVY INDUSTRIES says its Aircraft, Defense & Space unit lost ¥208.7b for year ended March 31 (vs ¥28.2b loss a year ago) on 4% higher…
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MAROTTA CONTROLS

May 12, 2020
MAROTTA CONTROLS launched upgrade project to expand its acceptance and qualification testing capabilities at its 125,000 sq ft facility in Montville,…
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BOEING

May 12, 2020
BOEING delivered six airliners (737NG; 777F; four 787s) in April 2020 vs 23 (nine 737NGs; one 747-8F; 777; 12 787s) in April 2019. It recorded no…
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BOEING

May 13, 2020
BOEING signeda MOU to investigate and test innovations for aviation industry in a safe/controlled environment under UK CAA's Innovation Sandbox…
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EMBRY-RIDDLE AERONAUTICAL UNIVERSITY

May 13, 2020
EMBRY-RIDDLE AERONAUTICAL UNIVERSITY reached agreement with GE Aviation to access to its flight data analytics platform for students/faculty.
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COBALT AEROSPACE

May 13, 2020
COBALT AEROSPACE was selected by GVH Aerospace to manufacture AeroStretcher Mk IV system for COVID-19 medical transfers in UK.

Defense

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GKN AEROSPACE

May 11, 2020
GKN AEROSPACE has Boeing contract to continue to supply structural components and assemblies for F/A-18E/F Super Hornet, F-15E Strike Eagle and C-17…
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MAGELLAN AEROSPACE

May 11, 2020
MAGELLAN AEROSPACE has 5-year, $46.4m contract from an unidentified customer to supply complex machined rotating engine components for military…
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US NAVY

May 14, 2020
US NAVY took dealivery of its 100th P-8A. BOEING has also delivered 22 P-8s to Royal Australian Air Force (12), UK Royal Air Force (2) and Indian…

Who'sNews

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WHO'SNEWS: ALTA

May 11, 2020
José Ricardo Botelho to Executive Director and Chief Executive Officer of ALTA, Panama (effective June 2020).
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WHO'SNEWS: UNITED AIRLINES

May 12, 2020
Brett J. Hart to President of United Airlines, Chicago.
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WHO'SNEWS: UNITED AIRLINES

May 12, 2020
Scott Kirby to Chief Executive Officer of United Airlines, Chicago; Oscar Munoz is transitioning to Executive Chair.
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WHO'SNEWS: HAWAIIAN AIRLINES

May 12, 2020
Robert Johnson to Vice President-Flight Operations of Hawaiian Airlines.
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WHO'SNEWS: HAHN AIR

May 12, 2020
Mathieu Montmessin to Executive Vice President-Research & Development of Hahn Air, Germany.
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WHO'SNEWS: ASIAN SKY GROUP

May 12, 2020
Wu Zhendong to Chairman of Asian Sky Group (ASG), Hong Kong.
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WHO'SNEWS: VX CAPITAL PARTNERS

May 12, 2020
Sean Sullivan to Chief Financial Officer of Vx Capital Partners, San Francisco.
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WHO'SNEWS: JEJU AIR

May 13, 2020
Lee Bae Kim to Chief Executive Officer of Jeju Air, South Korea.

Business Aviation

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FLIGHTSAFETY INTERNATIONAL

May 11, 2020
FLIGHTSAFETY INTERNATIONAL launched G650 training at Dallas, its fifth G650 training location. It now operates six G650 full-flight simulators.
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GULFSTREAM AEROSPACE

May 11, 2020
GULFSTREAM AEROSPACE received EASA type certification for G600; first aircraft entered service in August 2019.
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EMBRAER

May 12, 2020
EMBRAER delivered nine business jets (five Phenoms/four Praetors) in 1Q20 vs 11 (eight Phenoms/three Legacy) in 1Q19.

MRO/Business Aviation

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SUN AIR JETS

May 12, 2020
SUN AIR JETS completed 144-month inspection on a G550 as a Signature Select member FBO at Camarillo, CA.
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CONSTANT AVIATION

May 12, 2020
CONSTANT AVIATION has installed Pro Line Fusion flight deck in 25 Challenger 604s and is on pace for 35 more by early 2021.
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AERY AVIATION

May 12, 2020
AERY AVIATION, VA was selected by unidentified customer to upgrade multiple to 777 and 787 VIP aircraft; workscope includes new galley fresh (bottled…
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WESTERN AIRCRAFT

May 14, 2020
WESTERN AIRCRAFT (Greenwhich AeroGroup) completed first Aviation Clean Air (ACA) Component installation on a Falcon 900.