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Air Transport

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AIR FRANCE

Jul 06, 2020
AIR FRANCE plans to reduce its workforce by 16% by end of 2022 as it is predicting it will not see the same level of activity as in 2019 before 2024;…
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US TREASURY

Jul 06, 2020
US TREASURY announced that American Airlines, Frontier Airlines, Hawaiian Airlines, Sky West Airlines, and Spirit Airlines have signed LOI setting…
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FASTJET

Jul 06, 2020
FASTJET, South Africa says without additional funding it will be forced to shut down at end of August; it has suspended operations through end of…
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AZUL

Jul 06, 2020
AZUL expects to operate 303 peak daily departures by the end of August, representing about 35% of its pre-crisis total.
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UNITED

Jul 06, 2020
UNITED completed 3.8b MileagePlus senior secured notes offering. MileagePlus subsidiaries also secured $3b term loan.
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AIRBALTIC

Jul 06, 2020
AIRBALTIC secured approval from European Commission for €250m equity investment from Latvian Govt to combat COVID-19.
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AZUL

Jul 06, 2020
AZUL sold its indirect 6% stake in TAP AIR PORTUGAL to Portuguese Govt for R$65m; it is also withdrawing conversion rights of its €90m secured 2026…
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ACI

Jul 06, 2020
ACI reports year-over-year pax traffic dropped 94.4% in April; cargo fell 22.6%.
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AMAZON PRIME AIR

Jul 06, 2020
AMAZON PRIME AIR leased 767-300F (25448; ex-American) from CAM (ATSG) for operation by AIR TRANSPORT INTL.
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AVIATION CAPITAL GROUP

Jul 06, 2020
AVIATION CAPITAL GROUP announced it has to date agreed to defer about $61m in lease payments (about 6% 2019 revenues). It also expects to defer…
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WAMOS AIR

Jul 06, 2020
WAMOS AIR, Spain leased ex-China Southern A330-300 (935) with Trent 700s from CDB Aviation.
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BLUE AIR

Jul 06, 2020
BLUE AIR, Romania leased ex-Hainan Airlines 737-800 (35101) from Air Lease Corporation.
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WESTERN GLOBAL AIRLINES

Jul 06, 2020
WESTERN GLOBAL AIRLINES purchased ex-Atlas Air 747-400F (29258) in deal arranged by SkyWorks.
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SKYWORKS

Jul 06, 2020
SKYWORKS has been retained by bondholder group in LATAM 2015-1 EETC to manage repossession/emarketing of 17 aircraft (11 A321-200s/four 787-9s/two…
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CHINA EVERBRIGHT BANK

Jul 06, 2020
CHINA EVERBRIGHT BANK agreed to purchase seven leased 737-800s (TBA) from CALC for delivery by end September 2020.
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AEROMEXICO

Jul 06, 2020
AEROMEXICO is expected to return 23 aircraft (10 737NGs/nine E170s/four E190s) to lessors as part of its reorganization.
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AIRASIA GROUP

Jul 06, 2020
AIRASIA GROUP posted RM953m net loss for 1Q20 (vs RM102m profit in 1Q19) on 15% lower revenues.
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FPG AMENTUM

Jul 06, 2020
FPG AMENTUM arrangead sale of 777-200LR (35587; leased to EMIRATES) from Global Aircraft Fund I to unidentified lessor.
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GARUDA INDONESIA

Jul 06, 2020
GARUDA INDONESIA had US$123.5m net loss for 1Q20 (vs 19.7m net profit in 1Q19) on 30% lower revenues.
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NELLA LINHAS AEREAS

Jul 06, 2020
NELLA LINHAS AEREAS is being formed in Brasilia to provide regional service in Brazil with four ATR 42s (startup TBA).
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AUSTRIAN AIRLINES

Jul 06, 2020
AUSTRIAN AIRLINES (Lufthansa Group) received European Commission approval for €150m in state aid (subordinated loan convertible into a grant) to…
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AVOLON

Jul 07, 2020
AVOLON executed 16 lease transactions in 2Q20 vs 24 in 2Q19; it cancelled another 27 737 MAXs (now 102) and one A330neo, and deferred three A320neos…
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AERCAP

Jul 07, 2020
AERCAP executed 10 lease agreements in 2Q20 vs 48 in 2Q19, and says it raised $3b in funding during quarter.
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OWG

Jul 07, 2020
OWG was formed by Nolinor Aviation to offer leisure flights from Canada to Caribbean with 158-seat 737-400s (startup TBA).
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SAS

Jul 07, 2020
SAS reports it is now operating 45 aircraft, up from 15 in mid-June. It added 251m ASKs in June compared to May.
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QANTAS

Jul 07, 2020
QANTAS plans to operate its last 747-400 flight on July 22.
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DHL EXPRESS

Jul 07, 2020
DHL EXPRESS leased (ACMI) another two 767-300Fs from CAM for operation on Hong Kong-Guam-Sydney by AIR TRANSPORT INTERNATIONAL and on Chicago-East…
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BAIN CAPITAL

Jul 07, 2020
BAIN CAPITAL was selected by Deloitte Australia (as Adminstators) as preferred bidder for VIRGIN AUSTRALIA over Cyrus Capital Partners (SPNWS; June 5…
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US TSA

Jul 08, 2020
US TSA processed 764,761 pax on July 2/718,988 on July 3/466,669 on July 4/732,123 on July 5th (first >7,000 since March).
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FINNAIR GROUP

Jul 08, 2020
FINNAIR GROUP completed rights offering, which was 110.7% oversubscribed, raising net proceeds of €501m.
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LUFTHANSA GROUP

Jul 08, 2020
LUFTHANSA GROUP launched second set of restructuring measures that include reducing leadership by 20%, cutting overall full-time workforce by 22,000 …
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BOC AVIATION

Jul 08, 2020
BOC AVIATION signed 38 lease deals in 2Q20 vs 32 in 2Q19; it has owned/managed/committed fleet of 571 aircraft vs 499.
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ETIHAD AIRWAYS

Jul 08, 2020
ETIHAD AIRWAYS and SITATA teamed to launch interactive map to provide a comprehensive overview of COVID-19 situation at each destination in the…
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GLOBAL CROSSING AIRLINES

Jul 09, 2020
GLOBAL CROSSING AIRLINES signed airport and terminal use agreement with ATLANTIC CITY INTERNATIONAL AIRPORT.
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HI FLY

Jul 09, 2020
HI FLY removed economy class seats on an A380-800 to carry up to 60 tonnes or 300 cu meters of additional cargo per flight.
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PROS

Jul 09, 2020
PROS was selected by Malaysia Airlines to provide its Revenue Management Advantage solution that provides demand forecasting to optimize strategy.
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RYANAIR

Jul 09, 2020
RYANAIR announced its UK cabin crew accepted 4-year agreement on pay reductions of 5-10% and productivity improvements.
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ATIF HOLDINGS

Jul 09, 2020
ATIF HOLDINGS, BVI acquired 101,367 shares (6.6%) of AEROCENTURY, CA for <$250,000.
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UNITED AIRLINES

Jul 09, 2020
UNITED AIRLINES is planning on cutting its US-based workforce by up to 36,000 employees during 4Q20. It expects year-over-year capacity to be down 75…
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AIR LEASE CORPORATION

Jul 09, 2020
AIR LEASE CORPORATION delivered only one aircraft (A320neo) from its orderbook in 2Q20 vs 16 in 2Q19, and ended quarer with owned/managed/committed…
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LATAM AIRLINES GROUP

Jul 09, 2020
LATAM AIRLINES GROUP formalized second tranche of US$1.3b in DIP financing committed by Oaktree Capital Management and its affiliates.
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FTAI AVIATION

Jul 09, 2020
FTAI AVIATION (Fortress) purchased three 747-400s (26875/26877/26880) with PW4056s, plus two spare engines, from Corsair in deal arranged by Air…
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GOL

Jul 09, 2020
GOL ended 1H20 with total liquidity of R$3.3b, which represents >12 months of cash reserves (excluding refunds and restricted cash). It estimates it…
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UNITED

Jul 09, 2020
UNITED purchased another ex-Southwest 737-700 (32657) from GECAS as part of overall deal for 19 (SPNWS; July 19, 2019).
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NORDIC AVIATION CAPITAL

Jul 10, 2020
NORDIC AVIATION CAPITAL received unanimous lender approval to implement standstill/deferral of certain loan payments.
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ALTA

Jul 06, 2020
ALTA and EMBRY-RIDDLE signed MOU to lay groundwork for development of education programs and research initiatives in Latin America and Caribbean.

Aerospace

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PREMIUM AEROTEC

Jul 06, 2020
PREMIUM AEROTEC commenced production (first metal cut) at Augsburg, Germany of first Rear Center Tank (RCT) for Airbus A321XLR; RCT structure is…
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ATR

Jul 06, 2020
ATR completed CAAC certification test flight of ATR 42-600 at Toulouse; it says aircraft would help regional market in China where 164 airports only…
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ROLLS-ROYCE

Jul 06, 2020
ROLLS-ROYCE says it is in early stages of reviewing a range of potential options to strengthen its balance sheet and to position itself for post…
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MTU AERO ENGINES

Jul 06, 2020
MTU AERO ENGINES plans to reduce its workforce by 10-15% by end of 2021 as result of impact from COVID-19 pandemic.
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BOEING

Jul 06, 2020
BOEING announced second round of layoffs affecting 1,030 employees, increasing total to 10,500.
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STRATA

Jul 06, 2020
STRATA (Mubadala) delivered its 100th shipset of assembled carbon fiber A350-900 inboard flaps out of its facility in Nibras Al Ain Aerospace Park,…
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BARFIED

Jul 06, 2020
BARFIED (AFI KLM E&M) was selected by On Target Spray Systems, OR as distributor for its electrostatic cart for disinfecting aircraft interiors…
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FACC

Jul 06, 2020
FACC, Austria was added to Boeing's Premier Bidder Program (for work).
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BOEING

Jul 06, 2020
BOEING announced the resignation of Niel Golightly as SVP-Communications over controversy caused by letter he wrote in 1987 claiming women should not…
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HANSAIR LOGISTICS

Jul 06, 2020
HANSAIR LOGISTICS, CA was named by The Copper Company as distributor of its reusable face masks (with microparticles with anti-viral properties) for…
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ALTA

Jul 06, 2020
ALTA and EMBRY-RIDDLE signed MOU to lay groundwork for development of education programs and research initiatives in Latin America and Caribbean.
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NESTE

Jul 07, 2020
NESTE delivered its first batch of sustainable aviation fuel to San Francisco International Airport via pipeline for airline use.
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VELO3D

Jul 07, 2020
VELO3D released process for additively manufacturing engine parts using Hastelloy X nickel-based alloy, suitable for the laser powder-bed fusion…
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BOOM

Jul 08, 2020
BOOM plans to roll out its XB-1 supersonic demonstrator on October 7.
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ITS

Jul 08, 2020
ITS (Infinity Trading & Solutions), AZ expanded agreement with Vogt Aero to be exclusive distributor of its line of PMA parts (for galley, lavatory…
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AIRBUS

Jul 09, 2020
AIRBUS delivered 36 aircraft (A220; 31 A320neos; four A350s) in June 2020 vs 76 (six A220s; 10 A320ceos; 44 A320neos; five A330s; 10 A350s; A380) in…
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ROLLS-ROYCE

Jul 09, 2020
ROLLS-ROYCE reports that year-over-year widebody engine flying hours were down 50% in 1H20 (75% in 2Q20); MRO activity was broadly stable in 1H20,…
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KRÜGER AVIATION

Jul 10, 2020
KRÜGER AVIATION, Germany and LUFTHANSA TECHNIK teamed to develop a lightweight (600-800 grams) economy class seat divider provide physical separation…

MRO

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PREMIUM AEROTEC

Jul 06, 2020
PREMIUM AEROTEC commenced production (first metal cut) at Augsburg, Germany of first Rear Center Tank (RCT) for Airbus A321XLR; RCT structure is…
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IAG AERO GROUP

Jul 06, 2020
IAG AERO GROUP completed service of first two GE90s from its Dallas facility.
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MAGNETIC MRO

Jul 07, 2020
MAGNETIC MRO completed interior refurbishment program on 12 ATRs for Finnair; 11 were painted with new livery.
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STANDARDAERO

Jul 08, 2020
STANDARDAERO successfully consolidated its Helicopter Center of Excellence (COE) ops into single facility in Winnipeg.
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GA TELESIS

Jul 09, 2020
GA TELESIS purchased a V2527-A5 from Air New Zealand for part out.
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FLYDOCS

Jul 09, 2020
FLYDOCS, UK was selected by Brussels Airlines to provide end-of-lease return services for five A319s; it will build and audit digital records for the…
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SR TECHNICS

Jul 09, 2020
SR TECHNICS introduced remote table inspections (using video streaming portal) for any engine type or shop visit.

Defense

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AVIATION WEEK NETWORK

Jul 06, 2020
AVIATION WEEK NETWORK forecasts delivery of 677 new, Western-designed maritime helicopters over next 10 years, led by US Coast Guard’s upgrade of its…
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BLACKSHAPE

Jul 06, 2020
BLACKSHAPE, Italy is offering to support local production (kits and/or full technology transfer) of its Gabriel BK160 and Gabriel-TP trainers in…

Business Aviation

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AERION

Jul 06, 2020
AERION plans to move headquarters/production to new $300m facility in Melbourne, FL; groundbreaking is planned in 2H20.
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AIRMED INTERNATIONAL

Jul 06, 2020
AIRMED INTERNATIONAL was designated by the International Assistance Group (IAG) as an Accredited Service Provider.
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GREECE

Jul 06, 2020
SUNDT AIR ordered two King Air 350Cs to support air ambulance and medevac missions in Greece; aircraft will be owned by country’s Ministry of Health,…
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TALON AIR

Jul 07, 2020
TALON AIR has added a Falcon 2000 to its managed fleet out of Scottsdale, AZ; it now has 41 aircraft in total.
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NBAA

Jul 07, 2020
NBAA launched BizAv Back to Work program to help members and overall business aviation industry reopen from COVID-19.
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MICROSHIELD 360

Jul 08, 2020
MICROSHIELD 360, OH was selected by Embraer to supply its HEPA filter as standard on Praetor 500 and Praetor 600.
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RUAG MRO INTL

Jul 08, 2020
RUAG MRO INTL, Germany completed level three pre-purchase inspection (PPI) on a Global Express for unidentified customer.
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AERION

Jul 06, 2020
AERION plans to move headquarters/production to new $300m facility in Melbourne, FL; groundbreaking is planned in 2H20.
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STRATOS AIRCRAFT

Jul 09, 2020
STRATOS AIRCRAFT, OR made first flight of its 716X single-engine (JT15D-5) business jet prototype; certification is TBA.
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JET LINX

Jul 09, 2020
JET LINX, NE acquired Teterboro-based MERIDIAN AIRCRAFT MANAGEMENT & AIR CHARTER, with fleet of 23 business jets.
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BOMBARDIER

Jul 09, 2020
BOMBARDIER delivered the 350th Challenger 350; first entered service in June 2014 and fleet has ~650,000 flight hours.
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DASSAULT AVIATION

Jul 10, 2020
DASSAULT AVIATION is planning first flight of Falcon 6X in early 2021; certification and EIS is planned for 2022.

Who'sNews

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WHO'SNEWS: THALES

Jul 06, 2020
Yannick Assouad to Executive Vice President-Avionics of Thales, Paris; Gil Michielin is retiring.
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WHO'SNEWS: AERION

Jul 06, 2020
Robert Lewis to Director-System Test Evaluation of Aerion, Reno, NV.
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WHO'SNEWS: AERION

Jul 06, 2020
Alessandro Salvia to Controller of Aerion, Reno, NV.
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WHO'SNEWS: AERION

Jul 06, 2020
Rachelle St Louis-Vincent to Head of the Legal and Compliance team of Aerion, Reno, NV.
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WHO'SNEWS: GLOBAL CROSSING AIRLINES

Jul 06, 2020
Christian Toro to Vice President-Technical Operations and Director of Maintenance of Global Crossing Airlines, Miami.
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WHO'SNEWS: EUROWINGS TECHNIK

Jul 06, 2020
Holger Beck to Head of Eurowings Technik, Germany.
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WHO'SNEWS: GENESIS

Jul 07, 2020
Owen Croucher to Vice President-Eastern Europe, Russia, Middle East and Africa of Genesis, Dublin.
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WHO'SNEWS: GENESIS

Jul 07, 2020
Mark Hegarty to Vice President-Europe and Asia of Genesis, Dublin.
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WHO'SNEWS: AIRCRAFT ACCESSORIES AND COMPONENTS COMPANY

Jul 08, 2020
Mazen Johar to Chief Executive Officer of Aircraft Accessories and Components Company, Saudi Arabia.
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WHO'SNEWS: ATR

Jul 08, 2020
Sadika Moussaoui to Head of Human Resources of ATR, Toulouse.
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WHO'SNEWS: DUNCAN AVIATION

Jul 08, 2020
Chad Doehring to Executive Vice President and Chief Operating Officer-Provo, UT of Duncan Aviation.
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WHO'SNEWS: DUNCAN AVIATION

Jul 08, 2020
Ryan Huss to Director of Sales of Duncan Aviation, Lincoln, NE.
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WHO'SNEWS: DUNCAN AVIATION

Jul 08, 2020
Chad Doehring to Executive Vice President and Chief Operating Officer-Provo, UT of Duncan Aviation.
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WHO'SNEWS: DUNCAN AVIATION

Jul 08, 2020
Ryan Huss to Director of Sales of Duncan Aviation, Lincoln, NE.
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WHO'SNEWS: BOMBARDIER AVIATION

Jul 08, 2020
Marc Rivest to General Manager-Dallas Service Center of Bombardier Aviation.
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WHO'SNEWS: RAISBECK ENGINEERING

Jul 09, 2020
Hal Chrisman to President of Raisbeck Engineering (Acorn Growth Companies), Seattle.

Business Aviation/MRO

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CONSTANT AVIATION

Jul 06, 2020
CONSTANT AVIATION extended its leases at Orlando Sanford for eight years; since opening facility in 2017, it has added 35,000 sq ft of hangar space…
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GARMIN INTERNATIONAL

Jul 08, 2020
GARMIN INTERNATIONAL received certification of its G1000 NXi integrated flight deck upgrade for Embraer Phenom 300.

Defense/MRO

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SPIRIT AERONAUTICS

Jul 08, 2020
SPIRIT AERONAUTICS, Columbus, OH completed communication systems upgrades on two E-9A Widgets (Dash 8) for USAF.
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LUFTHANSA TECHNIK

Jul 08, 2020
LUFTHANSA TECHNIK has contract to install multi-mission equipment on two new A321LRs for German Armed Forces from 2H21 for redelivery in 2022;…