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Air Transport

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VISTARA

Jul 24, 2020
VISTARA took delivery of its first LEAP-powered A321neo on lease from ALC.
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BERLIN BRANDENBURG AIRPORT

Jul 24, 2020
BERLIN BRANDENBURG AIRPORT plans to open on October 31, 2020.
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AEROMaEXICO

Jul 24, 2020
AEROMaEXICO received bankruptcy court approval to reject certain lease agreements for 19 aircraft (10 737NGs/nine E170s), and four CF34-8E5s, and…
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RYANAIR

Jul 27, 2020
RYANAIR had €185m net loss for first quarter ended June 30 (vs €243m net profit a year ago) on 95% lower revenues; pax traffic fell 99%. It says it…
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AIR FRANCE

Jul 27, 2020
AIR FRANCE took delivery of its 10th and last 787; it has 60 A220-300s and 31 A350-900s remaining on order.
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FRONTIER AIRLINES

Jul 27, 2020
FRONTIER AIRLINES withdrew plans for $700m IPO. It had planned to list on the Nasdaq under the symbol FRNT.
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NAVITAIRE

Jul 27, 2020
NAVITAIRE was granted ONE Order Capable status as an Order Management System (OMS) from IATA, securing certification for its New Skies solution.
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EGYPTAIR

Jul 27, 2020
EGYPTAIR took delivery of seventh new LEAP-powered A320neo (10064) on lease from AerCap as part of deal for 15.
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VISTARA

Jul 27, 2020
VISTARA, India took delivery of its first (9297) of six LEAP-powered A321neos to be leased from Air Lease Corporation.
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JUNEYAO AIRLINES

Jul 27, 2020
JUNEYAO AIRLINES, China took delivery of new GTF-powered A320neo (9506) on lease from Aviation Capital Group., China took delivery of new GTF-powered…
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VOLARIS

Jul 27, 2020
VOLARIS had MXP1.6b net loss for 2Q20 (vs MXP119m net profit in 2Q19) on 82% lower revenues, and ended quarter with MXP10b in liquidity. It returned…
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TAP

Jul 27, 2020
TAP plans in September to operate about 40% of its normal pre-Covid schedule, or close to 700 weekly flights (76 routes).
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MASAIR

Jul 27, 2020
MASAIR, Mexico leased ex-ABX Air 767-300BDSF (24853) with CF6-80C2s from Cargo Aircraft Management (ATSG).
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JETBLUE

Jul 28, 2020
JETBLUE had $320m net loss in 2Q20 (vs $179m profit in 2Q19) on 90% lower revenues, and ended quarter with $3.4b in liqudity; its daily cash burn…
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AAPA

Jul 28, 2020
AAPA reports year-over-year member traffic (RPKs) dropped 97% in June on 93.2% lower capacity; cargo was down 20.3% on 27.2% lower capacity. It adds…
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IATA

Jul 28, 2020
IATA reports year-over-year global pax traffic dropped 86.5% in June on 80.1% lower capacity, foreshadowing slower-than-expected recovery due to slow…
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OLYMPUS AIRWAYS

Jul 28, 2020
OLYMPUS AIRWAYS leased second PRECISION-converted 757-200PCF (25297; ex-American) from Airwork NZ; a third is expected.
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ALITALIA

Jul 28, 2020
ALITALIA plans to increase its international flight schedule by 7% in September and by 29% in October (to 1,630 weekly flights to 45 airports) vs…
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HAWAIIAN AIRLINES

Jul 28, 2020
HAWAIIAN AIRLINES lost $106.9m in 2Q20 (vs $57.8m net profit in 2Q19) on 91.6% lower revenues, and ended quarter with $761m cash. It also launched…
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AEROMaEXICO

Jul 24, 2020
AEROMaEXICO received bankruptcy court approval to reject certain lease agreements for 19 aircraft (10 737NGs/nine E170s), and four CF34-8E5s, and…
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SOUTHWEST AIRLINE

Jul 29, 2020
SOUTHWEST AIRLINES announced that it priced public offering of $1b in senior notes (proceeds to repay debt) due in 2025.
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AERCAP

Jul 29, 2020
AERCAP had $247.6m net income in 2Q20 (vs $334.4m in 2Q19) on 7% lower revenues, and ended quarter with owned/managed/committed fleet of 1,357…
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ANA HOLDINGS

Jul 29, 2020
ANA HOLDINGS had ¥108.8b net loss for first quarter ended June 30 (vs ¥11.4b profit a year ago) on 76% lower revenues.
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S7

Jul 29, 2020
S7 took delivery of fourth (10016) GTF-powered A320neo on lease from SMBC Aviation Capital as part of deal for eight.
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COLORFUL GUIZHOU AIRLINES

Jul 29, 2020
COLORFUL GUIZHOU AIRLINES took delivery of second LEAP-powered A320neo (9543) from GECAS as part of deal for four.
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EGYPTAIR

Jul 29, 2020
EGYPTAIR took delivery of new LEAP-powered A320neo (10072) on lease from AerCap as part of deal for 15.
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AIR ATLANTA ICELANDIC

Jul 29, 2020
AIR ATLANTA ICELANDIC purchased ex-China Cargo 747-400F (28263) with PW4056s from GECAS for sublease to SAUDIA.
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FRONTIER

Jul 29, 2020
FRONTIER agreed to sell three US-assembled A320neos with LEAPs to CDB Aviation for leaseback; first (10031) delivered.
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LAX

Jul 30, 2020
LAX reported a year-to-year drop in pax traffic of 87.1% in June; cargo fell 9.6%.
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ALLEGIANT AIR

Jul 30, 2020
ALLEGIANT AIR lost $105.4m in 2Q20 (vs $115.5m profit in 2Q19) on 73.5% lower revenues. It reduced 2Q20 capacity by 50.1% and anticipates 3Q20…
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WILMINGTON TRUST

Jul 30, 2020
WILMINGTON TRUST was appointed by Nordic Aviation Capital as its security trustee for US$6b debt restructuring.
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AVOLON

Jul 30, 2020
AVOLON lost $162m in 2Q20 (vs $185m profit in 2Q19) on 9% lower revenues; it has owned/managed/committed fleet of 824 aircraft. It says 12 customers…
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HAWAIIAN AIRLINES

Jul 30, 2020
HAWAIIAN AIRLINES soald two GTF-powered A321neos (TBA) to unidentified lessor for leaseback; deal raised $114m.
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GLOBAL CROSSING AIRLINES

Jul 30, 2020
GLOBAL CROSSING AIRLINES says it expects in 2H20 to finalize deals to acquire 10 A320 Family aircraft, plus 5-10 converted A321Fs, for delivery…

Aerospace

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AIRBUS

Jul 24, 2020
AIRBUS has agreed with France and Spain to make amendments to A350 Repayable Launch Investment (RLI) contracts to end long-standing dispute with WTO.
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ELEMENT MATERIALS TECHNOLOGY

Jul 24, 2020
ELEMENT MATERIALS TECHNOLOGY and GE AVIATION teamed to provide Element customers with access to GE’s product qualification testing (PQT) capabilities…
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HONEYWELL AEROSPACE

Jul 24, 2020
HONEYWELL AEROSPACE earned $528m in 2Q20 (vs $907m in 1Q19) on 28% lower sales.
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THALES AEROSPACE

Jul 24, 2020
THALES AEROSPACE lost €109m in 1H20 (vs €270m profit in 1H19) on 25.4% lower sales.
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GE AVIATION

Jul 24, 2020
GE AVIATION reports the GE90 has surpassed 100m flight hours; it entered service in November 1995 and GE has delivered >2,800 GE90-94B-115Bs.
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CHAMP CARGOSYSTEMS

Jul 27, 2020
CHAMP CARGOSYSTEMS, Luxembourg was selected by Vallair to develop cargo management system for its prototype A321 freighter conversion; package will…
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L3HARRIS

Jul 27, 2020
L3HARRIS received FAA TSO for new SRVIVR25 CVDR with 25-hour capacity.
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KAMAN UK

Jul 27, 2020
KAMAN UK says it has reduced lead times for design/manufacture of complex mold tools for composites by 30% via use of springback modelling techniques…
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RAYTHEON TECHNOLOGIES

Jul 28, 2020
RAYTHEON TECHNOLOGIES had $3.8b net loss in 2Q20 (vs $1.9b profit) in 2Q19 on 24% higher revenues and says it expects pressures in commercial…
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PRATT & WHITNEY

Jul 28, 2020
PRATT & WHITNEY lost $457m in 2Q20 (vs $449m profit in 2Q19) on 32% lower sales, including 42% lower Commercial OE sales and 51% lower commercial…
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COLLINS

Jul 28, 2020
COLLINS lost $317m in 2Q20 (vs $1.3b profit in 2Q19) on 36% lower sales, including 48% drop the commercial aftermarket.
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ADDITIVE FLIGHT SOLUTIONS

Jul 28, 2020
ADDITIVE FLIGHT SOLUTIONS (Stratasys/SIAEC joint venture) has received AS9100D certification for quality for additive manufacturing in aerospace.
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CRANE AEROSPACE & ELECTRONICS

Jul 28, 2020
CRANE AEROSPACE & ELECTRONICS earned $20 in 2Q20 (vs $49m in 2Q19) on 23% lower sales; it has $506m backlog.
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HEXCEL

Jul 28, 2020
HEXCEL had $203.9m in Commercial Aerospace sales in 2Q20, down 51% vs 2Q19, citing start of inventory reductions in supply chain as partially…
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METAL FINISHING TECHNOLOGIES

Jul 28, 2020
METAL FINISHING TECHNOLOGIES, CT secured investment from Battle Investment Group to accelerate growth in its finishing and coatings solutions…
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BOEING

Jul 29, 2020
BOEING has pushed back first delivery target of 777X to 2022; it currently has 309 orders from over eight customers.
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BOEING

Jul 29, 2020
BOEING puts its commercial aircraft backlog at 4,552 (adjusted for ASC 606 accounting standards) vs actual 5,232 at end 1H20.
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GE AVIATION

Jul 29, 2020
GE AVIATION lost $680m in 2Q20 (vs $1.4b profit in 2Q19) on 44% lower revenues; it has $258b backlog. It booked orders for 58 commercial engines (24…
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BOEING

Jul 29, 2020
BOEING posted $2.4b net loss in 2Q20 (vs $2.9b loss in 2Q19) on 25% lower revenues; COMMERCIAL AIRPLANES had $2.8b operating loss (vs $4.9b) on 65%…
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BOEING

Jul 29, 2020
BOEING is slowing ramp-up in 737 production to gradually increase to 31 per month by start of 2022, reducing 777/777X production to two per month in…
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HONEYWELL AEROSPACE

Jul 24, 2020
HONEYWELL AEROSPACE earned $528m in 2Q20 (vs $907m in 1Q19) on 28% lower sales.
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EATON AEROSPACE

Jul 29, 2020
EATON AEROSPACE earned $68m in 2Q20 (vs $155m in 2Q19) on 27% lower revenues; organic sales were down 35%.
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SAFRAN

Jul 30, 2020
SAFRAN had €517 net income for 1H20 (vs €1.4b in 1H19) on 28% lower revenues; year-over-year Aerospace Propulsion revenues decreased 31.4%, Aircraft…
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AIRBUS

Jul 30, 2020
AIRBUS had €1.14b net loss in 2Q20 (vs €1.2b net income in 2Q19) on 55% lower revenues; Commercial Aircraft lost €1.9b (vs €1.2b profit) on 65% lower…
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AIRBUS

Jul 30, 2020
AIRBUS says its commercial aircraft are now being produced at rates in accordance with new production plan (cut to 40 A320s, two A330s and six A350s…
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ROLLS-ROYCE

Jul 30, 2020
ROLLS-ROYCE teamed with Boom Supersonic to explore/identify potential propulsion system for Overture supersonic aircraft.

MRO

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ROSSI AERO

Jul 24, 2020
ROSSI AERO, France was selected by Antavia AMETEK MRO to provide precision repair of landing gear components.
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FAA

Jul 27, 2020
FAA issued AD to inspect engine bleed air 5th stage check valve for corrosion on CFM56-powered 737s (in storage or with <10 flight cycles since…
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TRIVE CAPITAL

Jul 28, 2020
TRIVE CAPITAL, TX acquired minority stake in FIELD AEROSPACE, OH (maintenance/mods) via structured capital investment.
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THE MOBILE REPAIR TEAM

Jul 28, 2020
THE MOBILE REPAIR TEAM has exclusive agreement with Bombardier to assist in providing worldwide structural repair support for its fleet of business…
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AERONAUTICAL ENGINEERS

Jul 28, 2020
AERONAUTICAL ENGINEERS (AEI) has GA Telesis order to convert ex-Pegasus 737-800 (32903) to freighter for completion in late 2020 in deal that…
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AJW GROUP

Jul 28, 2020
AJW GROUP extended supply chain management agreement with easyJet for another seven years; deal includes full component repair and overhaul and…
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HAECO XIAMEN

Jul 29, 2020
HAECO XIAMEN was approved by CAAC for A320 part outs and has begun its first project for Yan Wu Group for four aircraft.
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PRATT & WHITNEY

Jul 29, 2020
PRATT & WHITNEY has 13-year JetBlue Airways contact to maintain 230 V2500s under an EngineWise fixed-price program.
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BOEING GLOBAL SERVICES

Jul 29, 2020
BOEING GLOBAL SERVICES lost $672m on $3.5b revenues in 2Q20 vs $687m profit on $4.5b in 2Q19; it has $18b backlog.
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ASI AERO

Jul 29, 2020
ASI AERO, FL completed part out of ex-Adria CRJ900 (15129), which was acquired from AeroCentury (SPNWS; Nov 22).
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GA TELESIS

Jul 30, 2020
GA TELESIS unveiled TV 2020 strategic plan to consolidate its component, hospital, and engine MRO services into integrated offerings, supported by…

Business Aviation

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DASSAULT AVIATION

Jul 24, 2020
DASSAULT AVIATION had €32m net income on €2.6b sales in 1H20 vs €254m on €3.1b in 1H19, and ended June with €16.2b backlog, including 42 Falcons; it…
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ABS JETS

Jul 27, 2020
ABS JETS, Prague renewed its IS-BAO Stage III certification for safety. It has six Legacy jets, two G550s and one G650.
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NEW WORLD AVIATION

Jul 27, 2020
NEW WORLD AVIATION, PA joined AVIAA's global network of MRO partners for Gulfstream, Bombardier (Challenger/Learjet), Dassault and Hawker business…
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BLUETAIL

Jul 28, 2020
BLUETAIL, AZ released improved version of business/general aviation aircraft records management software.
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NETJETS

Jul 28, 2020
NETJETS is offering to reinstate all NetJets Europe pilots/cabin crew furloughed in April and is restoring portion of its European fleet to reach…
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ARSA

Jul 28, 2020
ARSA conducted survey of FAA-certificated repair stations that found average year-over-year declines in revenue of 45.9% over first five months of…
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GENERAL DYNAMICS AEROSPACE

Jul 29, 2020
GENERAL DYNAMICS AEROSPACE earned $159m on $1.97b sales in 2Q20 vs $331m on $2.14b in 2Q19; year-over-year backlog was flat at $12.1b on June 30…
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SABENA AEROSPACE

Jul 29, 2020
SABENA AEROSPACE and BLUE AEROSPACE (HEICO) teamed to acquire all assets related to Belgian AF C-130 fleet, including aircraft, engines, propellers,…
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SPIRIT AEROSYSTEMS

Jul 30, 2020
SPIRIT AEROSYSTEMS signed MOU with Aerion to manufacture forward fuselage for AS2 supersonic busines jet starting in 2023; at full rate, it is…
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TEXTRON AVIATION

Jul 30, 2020
TEXTRON AVIATION lost $66m on $747m revenues in 2Q20 vs $105m profit on $1.1b in 2Q19; performance included $53m of idle facility costs. It delivered…
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ORIENS AVIATION

Jul 30, 2020
ORIENS AVIATION (as exclusive Pilatus sales/service center) placed first 8-seat PC-12 NGX to UK-based private customer.

Defense/MRO

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AAR

Jul 27, 2020
AAR has 3-year Royal Netherlands Air Force (RNLAF) contract to provide MRO services for F-16 jet fuel starters.
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TRIUMPH SYSTEMS & SUPPORT

Jul 30, 2020
TRIUMPH SYSTEMS & SUPPORT was selected by Global Aerospace Logistics (GAL), Abu Dhabi to provide MRO products and services for accessories/components…

Business Aviation/MRO

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EMBRAER

Jul 27, 2020
EMBRAER extended intervals between scheduled maintenance requirements for Phenom jets by 33% from 600 flight hours and/or 12 months and multiples to…
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JET MAINTENANCE SOLUTIONS

Jul 27, 2020
JET MAINTENANCE SOLUTIONS (JET MS), Lithuania joined the European Business Aviation Association (EBAA).
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GULFSTREAM

Jul 27, 2020
GULFSTREAM opened new 225,000 sq ft service center at Farnborough, UK to accommodate up to 13 large-cabin aircraft.

Defense

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DASSAULT AVIATION

Jul 24, 2020
DASSAULT AVIATION had €32m net income on €2.6b sales in 1H20 vs €254m on €3.1b in 1H19, and ended June with €16.2b backlog, including 42 Falcons; it…

Who'sNews

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WHO'SNEWS: AMERICAN AIRLINES

Jul 27, 2020
Stacy Morrissey to Vice President of Engineering and Quality of American Airlines, DFW, TX.
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WHO'SNEWS: PANASONIC AVIONICS

Jul 27, 2020
Joe Bentley to Chief Technology Officer of Panasonic Avionics, Lake Forest, CA.
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WHO'SNEWS: UNITED AIRLINES

Jul 27, 2020
Sasha Johnson to Vice President of Corporate Safety of United Airlines, Chicago.
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WHO'SNEWS: AVIAA

Jul 27, 2020
Scott White to Vice President-Supplier Relations of AVIAA, Park City, UT.
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WHO'SNEWS: WEST STAR AVIATION

Jul 28, 2020
Timothy Spihlman to Chief Financial Officer of West Star Aviation, East Alton, IL.
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WHO'SNEWS: CERTIFIED AVIATION SERVICE

Jul 28, 2020
Paul John Oliver to President and Chief Operating Officer of Certified Aviation Services, Ontario, CA.
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WHO'SNEWS: HAWAIIAN AIRLINES

Jul 28, 2020
C. Jayne Hrdlicka, former Chief Executive Officer of Australia-based Jetstar Group, was added to Board of Directors of Hawaiian Airlines.
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WHO'SNEWS: SPIRIT AEROSYSTEMS

Jul 30, 2020
Sam Marnick to Executive Vice President and Chief Operating Officer of Spirit Aerosystems, Wichita.
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WHO'SNEWS: SPIRIT AEROSYSTEMS

Jul 30, 2020
Kevin Matthies to Senior Vice President-Quality and Engineering of Spirit Aerosystems, Wichita.
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WHO'SNEWS: GULFSTREAM

Jul 30, 2020
Murtaza Hassan to General Manager of Gulfstream St. Louis, MO.