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Air Transport

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VIRGIN ATLANTIC

Jun 05, 2020
VIRGIN ATLANTIC plans July 20-21 to restart pax operations with services from London Heathrow to Orlando, Hong Kong, Shanghai, New York JFK and Los…
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ACI

Jun 08, 2020
ACI reports year-over-year global passenger traffic fell 55.9% in March and 22.7% in 1Q20; cargo traffic dropped 14.4% in March and 6.9% in 1Q20.
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NORDIC AVIATION CAPITAL

Jun 08, 2020
NORDIC AVIATION CAPITAL secured $60m in new equity from shareholders and is in discussions with lenders to standstill and defer payments for 6-12…
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SINGAPORE AIRLINES

Jun 08, 2020
SINGAPORE AIRLINES raised S$10b of liquidity via S$8.8b recent rights issue, S$900m in loans secured by some A350-900s and 787-10s, and >S$500m in…
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RAYA AIRWAYS

Jun 09, 2020
RAYA AIRWAYS leased a second 767-200F (22215; ex-Amerijet International) from Cargo Aircraft Management (ATSG).
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GOL

Jun 09, 2020
GOL says it has strengthened total liquidity to R$3.5b, which represents >12 months of cash reserves (excluding refunds and restricted cash) to…
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IATA

Jun 09, 2020
IATA is now forecasting cumulative global airline industry losses of $84.3b in 2020 and $15.8b in 2021 on 50% and 29% lower revenues respectively vs…
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SOUTHEAST AEROSPACE

Jun 08, 2020
SOUTHEAST AEROSPACE, FL has FAA STC to install FANS 1/A+ & CPDLC capability, international internet connectivity, a new cockpit voice recorder and…
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AFRAA

Jun 09, 2020
AFRAA (African Airlines Association) teamed with ACC AVIATION GROUP to form membeship services initiative to provide access to market-leading…
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AUSTRIAN AIRLINES

Jun 09, 2020
AUSTRIAN AIRLINES reached agreement on €600m coronavirus rescue package, comprising €150m from Austria, €150m from Lufthansa and €300m loans). It…
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AMAZON

Jun 09, 2020
AMAZON took delivery of fourth 737-800BCF (29947; ex-Hainan) on lease from GECAS for operation by SUN COUNTRY.
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AIR NEW ZEALAND

Jun 09, 2020
AIR NEW ZEALAND plans to operate around 55% of its usual domestic capacity in July/August with A320s, Dash 8s and ATRs.­­
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EUROCONTROL

Jun 09, 2020
EUROCONTROL is projecting that 32% of flights could resume in July (50% by August), if procedures and national restrictions were fully coordinated…
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MERIDIAN CAPITAL

Jun 09, 2020
MERIDIAN CAPITAL, Hong Kong has sold its interest in NOVAPORT GROUP, Russia (regional airport operator) to co-shareholder AEON, Russia.
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LOONG AIR

Jun 09, 2020
LOONG AIR took delivery of new LEAP-powered A320neo (9534) on lease from CDB Aviation.
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AZUR AIR

Jun 09, 2020
AZUR AIR, Russia leased ex-TACV 757-200 (30045) with PW2040s from AerCap.
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AUSTRIAN AIRLINES

Jun 09, 2020
AUSTRIAN AIRLINES reached agreement on €600m coronavirus rescue package, comprising €150m from Austria, €150m from Lufthansa and €300m loans). It…
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CANADA JETLINES

Jun 09, 2020
CANADA JETLINES is adding US$1.5m to its investment offering to allow participation of existing securityholders who may not otherwise qualify as…
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ALTA

Jun 09, 2020
ALTA members flew 2.2b RPKs in April, down 97.1% vs April 2019; capacity fell 96% to 3.6b ASKs. PLF was 59.6%.
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CATHAY PACIFIC

Jun 09, 2020
CATHAY PACIFIC unveild HK$39b in recapitalization financing via offering of HK$19.5b in preference shares with detachable warrants, HK$11.7b rights…
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ANGKASA PURA LOGISTICS

Jun 09, 2020
ANGKASA PURA LOGISTICS (APLOG) wet-leased ATR 72-500F (746) from Pelita Air Service for short runway operations.
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HISKY MOLDOVA

Jun 10, 2020
HISKY MOLDOVA agreed to lease ex-Ernest A320-200 (4493) from Air Lease Corporation for delivery in July for startup.
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AVIATION CAPITAL GROUP

Jun 10, 2020
AVIATION CAPITAL GROUP commenced cash tender offer to purchase any/all of $600m in senior notes due October 15, 2020.
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HK EXPRESS

Jun 10, 2020
HK EXPRESS extended suspension of flight operations to July 11, and plans to gradually resume scheduled service on July 12.­­
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US DOT

Jun 10, 2020
US DOT says US scheduled passenger airlines employed 715,017 workers in April 2020, down from 751,817 in March 2020.
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US DOT

Jun 10, 2020
US DOT estimates top 24 US airlines carried 3m pax (2.8m domestic/132k international) in April, down 96% vs April 2019.
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EUROPEAN COMMISSION

Jun 10, 2020
EUROPEAN COMMISSION approved national aid for FINNAIR (€286m) and TAP AIR PORTUGAL (€1.2b).
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COLIBRI AERO

Jun 11, 2020
COLIBRI AERO and J&C AERO have developed cargo containers for Airbus A330/A340 and Boeing 767/777 pax cabins.
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TRANSAT

Jun 11, 2020
TRANSAT had C$179.5m net loss for second quarter ended April 30 (vs C$939k net loss a year ago) on 36.3% lower revenues; it announced plan to resume…
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TRANSAT

Jun 11, 2020
TRANSAT says European Commission opened an in-depth (Phase II) investigation to assess its acquisition by AIR CANADA and does not expect any approval…
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LOGANAIR

Jun 11, 2020
LOGANAIR, Scotland leased third ex-HOP! ATR 42-500 (480) from Nordic Aviation Capital.
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AIR NEW ZEALAND

Jun 11, 2020
AIR NEW ZEALAND has established an 800-day, Survive/Revive/Thrive plan to return to profitability although it expects to be 70% of its pre-COVID-19…
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CHINA EXPRESS

Jun 11, 2020
CHINA EXPRESS signed strategic partnership agreement with COMAC to buy 100 total ARJ21s/C919s (SPNWS; May 15).
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DELTA AIR LINES

Jun 11, 2020
DELTA AIR LINES expects year-over-year revenue for 2Q20 to drop 90% on 85% lower capacity; its average daily cash outflow will fall to $40m by June…
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LONDON HEATHROW

Jun 11, 2020
LONDON HEATHROW handled 228k pax in May, down 96.6% vs May 2019.
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ALITALIA

Jun 11, 2020
ALITALIA plans to increase service by 60% from June to July, operating >1,000 weekly flights on 52 routes to 37 destinations, including eight new…
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AIR HONG KONG

Jun 11, 2020
AIR HONG KONG is expected to acquire EFW-converted A330-300F (777; ex-China Eastern) for operation for DHL EXPRESS.

Aerospace

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AIRBUS

Jun 05, 2020
AIRBUS delivered 24 aircraft (two A220s; 18 A320neo Family; four A350s) in May vs 81 (four A220s; 10 A320ceo Family; 47 A320neo Family; two A330ceos;…
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BOMBARDIER AVIATION

Jun 08, 2020
BOMBARDIER AVIATION plans by end 2020 to cut 2,500 employees, mainly impacting manufacturing in Canada, and will record a special charge of…
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TORAY COMPOSITE MATERIALS AMERICA

Jun 08, 2020
TORAY COMPOSITE MATERIALS AMERICA is suspending operations in Spartanburg, SC and significantly reducing capacity at Tacoma, reducing its overall…
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AIRBORNE

Jun 08, 2020
AIRBORNE, The Netherlands has Magellan Aerospace order to provide an integrated automated kitting solution for installation at Winnipeg in 2021.
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WORLD BANK

Jun 09, 2020
WORLD BANK is forecasting global GDP will shrink 5.2% in 2020, representing the deepest recession since WWII; GDP for advanced economies will fall 7%…
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ZEPHYR AEROSPACE

Jun 09, 2020
ZEPHYR AEROSPACE, San Francisco has introduced new lie-flat premium economy seat concept for widebody aircraft that maintains social distancing.
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LILIUM

Jun 09, 2020
LILIUM, Germany secured $35m equity investment from BAILLIE GIFFORD, extending its current funding round to >$275m. It has now raised >$375m for…
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AAR

Jun 09, 2020
AAR was selected by BASF as preferred distributor of MRO services for its Deoxo aircraft cabin ozone/volatile organic compounds (VOC) converters in…
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GURIT

Jun 09, 2020
GURIT now plans to close its prepeg facility in Zullwill, Switzerland by end of 2020 vs 2H21 as previously announced; it will continue to serve the…
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VOLGA-DNEPR

Jun 09, 2020
VOLGA-DNEPR is suing BOEING for cancelling its order for one 747-8F and three 777Fs after airline allegedly cancelled contract due to inability to…
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ADVANCED MACHINING & FABRICATION

Jun 09, 2020
ADVANCED MACHINING & FABRICATION, OK added new Flexible Manufacturing System (FMS) robotics system from FASTEMS, Finland.
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BOEING

Jun 09, 2020
BOEING delivered four aircraft (P-8A; 767-300F; two 777Fs) in May 2020 vs 30 (eight 737NGs; six 767s; five 777s; 11 787s) in May 2019. It also…
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SCHATZ BEARING

Jun 10, 2020
SCHATZ BEARING, NY was invited by Boeing Commercial Airplanes to participate in its Premier Bidder Program for precision ball bearings.
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PLATAINE

Jun 10, 2020
PLATAINE, Israel released Version 4.0 of its cloud-based production scheduler.
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ELEMENT MATERIALS TECHNOLOGY

Jun 10, 2020
ELEMENT MATERIALS TECHNOLOGY has invested in aerospace testing capabilities at its lab in Montreal, formerly known as Exova Pointe-Claire.
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KUEHNE+NAGEL

Jun 10, 2020
KUEHNE+NAGEL was selected by TriMas Aerospace to establish a European logistics hub in Luxembourg as strategic partner to support new business …
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SPIRIT AEROSYSTEMS

Jun 11, 2020
SPIRIT AEROSYSTEMS expects to drop 737 MAX production for 2020 from 125 shipsets to 105 or less after being instructed by BOEING to pause additional…
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FRENCH GOVT

Jun 11, 2020
FRENCH GOVT announced plan to team with French aviation industry (Airbus, Dassault, Safran and Thales)/private investors to set up €500m fund for…
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AIRFLOW

Jun 11, 2020
AIRFLOW was established by former Airbus Vahana team members to develop an eSTOL aircraft for short-haul cargo.

MRO

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FIJI AIRWAYS

Jun 05, 2020
FIJI AIRWAYS reconfigured cabin of one ATR 72-600 at Nadi to carry cargo.
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EIRTECH AVIATION SERVICES

Jun 08, 2020
EIRTECH AVIATION SERVICES was approved by CAA of Cayman Islands to provide CAMO services. It also launched TOTAL CARE solution to manage aircraft…
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FEAM AERO

Jun 08, 2020
FEAM AERO, Miami was selected by Air Wisconsin to provide CRJ200 line maintenance at Chicago O'Hare.
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TRIUMPH SYSTEMS & SUPPORT

Jun 10, 2020
TRIUMPH SYSTEMS & SUPPORT extended deal with a North American-based independent MRO facility for repair and overhaul of CFM56, CF34 and CF6 engine…
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GKN AEROSPACE

Jun 10, 2020
GKN AEROSPACE obtained FAA certification for its engine parts repair facility in Johor, Malaysia, to focus on servicing low pressure compressor (LPC)…
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RUAG

Jun 11, 2020
RUAG extended contract with Safran to maintain fuel control units for Makila-powered Super Puma helicopters through 2021.
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NAASCO

Jun 11, 2020
NAASCO, NY received FAA/DER approval to repair Zodiac contactors (using its Sil-Met repair solution) for A320 Family aircraft.
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HONEYWELL

Jun 11, 2020
HONEYWELL and DIMER, CA teamed to develop an aircraft cabin ultraviolet cleaning (UVC) system, which it says can clean cabin in less than 10 minutes…
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PRATT & WHITNEY

Jun 11, 2020
PRATT & WHITNEY appointed five new Designated Maintenance Facilities (DMFs): RIJNMOND AIR SERVICES, Netherlands (PT6A/PW500), ALIDAUNIA, Italy (PT6B…

Business Aviation/MRO

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SOUTHEAST AEROSPACE

Jun 08, 2020
SOUTHEAST AEROSPACE, FL has FAA STC to install FANS 1/A+ & CPDLC capability, international internet connectivity, a new cockpit voice recorder and…
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DUNCAN AVIATION

Jun 08, 2020
DUNCAN AVIATION extended deal with Meggitt to service/sell/distribute Securaplane batteries for three more years.

Defense

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MONTENEGRO AIR FORCE

Jun 08, 2020
MONTENEGRO AIR FORCE ordered two Bell 505s for military pilot training.
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BELL BOEING

Jun 10, 2020
BELL BOEING delivered its 400th V-22 Osprey, a CV-22 for USAF.
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MEGGITT

Jun 10, 2020
MEGGITT has $15m Chemring Australia contract to supply composite countermeasure housings for the F-35 fighter.

Who'sNews

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WHO'SNEWS: AERO ASSET

Jun 08, 2020
Philip Louis Amadeus to a Sales Director, based in London, UK, of Aero Asset.
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WHO'SNEWS: ATLAS AIR WORLDWIDE

Jun 08, 2020
Lillian A. Dukes to Senior Vice President-Technical Operations of Atlas Air Worldwide, NY
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WHO'SNEWS: FLYHT AEROSPACE SOLUTIONS

Jun 08, 2020
Barry Eccleston to Executive Chairman of the Board of FLYHT Aerospace Solutions, Calgary.
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WHO'SNEWS: CTG

Jun 08, 2020
Bruce Miller to Executive Vice President of Business Development-Global Commercial Aviation, based in Florida, of CTG.
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WHO'SNEWS: GULFSTREAM DALLAS

Jun 08, 2020
Naveed Aziz to Vice President and General Manager of Gulfstream Dallas, TX.
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WHO'SNEWS: CDB AVIATION

Jun 08, 2020
Paul Boyle to Head of EMEA of CDB Aviation, Dublin.
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WHO'SNEWS: MALAYSIAN AIRLINES

Jun 09, 2020
Wan Zulkiflee to Non-Executive Chairman of Malaysian Airlines.
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WHO'SNEWS: TWIN COMMANDER AIRCRAFT

Jun 09, 2020
Andrew Wilson to Technical Service Manager of Twin Commander Aircraft, Creedmore, NC.
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WHO'SNEWS: TRENCHARD AVIATION GROUP

Jun 10, 2020
Gary Smith to Chief Operating Officer of Trenchard Aviation Group, UK.

Aerospace/Training

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BANGKOK AVIATION TRAINING CENTER

Jun 09, 2020
BANGKOK AVIATION TRAINING CENTER (Bangkok Airways) was certified by Thailand as certified training organization, including ATR and A320 type ratings.

General Aviation

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TEXTRON AVIATION

Jun 09, 2020
TEXTRON AVIATION has US Civil Air Patrol (CAP) contract to supply 17 Cessna piston engine aircraft (11 Skyhawk 172Ss; five Skylane 182Ts; one Turbo…

Defense/MRO

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S&K AEROSPACE

Jun 09, 2020
S&K AEROSPACE has $30.9m US Navy contract for repair/overhaul/upgrade of 371 parts on P-8A Poseidon in support of Navy, Marine Corps, and Joint…
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HEICO FLIGHT SUPPORT GROUP

Jun 11, 2020
HEICO FLIGHT SUPPORT GROUP acquired 70% of ROCKY MOUNTAIN HYDROSTATICS, CO (US Navy hydraulics MRO).