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Air Transport

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FLY LEASING

Oct 16, 2020
FLY LEASING, Dublin closed $180m term loan, secured by 11 narrowbodies (four unencumbered and seven financed).
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JETSTAR

Oct 16, 2020
JETSTAR resumed international flight operations (since early April) with three-times-weekly Auckland-Sydney.
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GECAS

Oct 19, 2020
GECAS and Southern California-based PIMCO agreed create $3b aviation leasing investment platform; portfolio will initially focus on new/young…
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HORIZON AIR

Oct 19, 2020
HORIZON AIR launched E175 operations in State of Alaska, serving Anchorage, Fairbanks, King Salmon and Dillingham.
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SAUDIA

Oct 19, 2020
SAUDIA resumed international flights to 20 destinations in the Middle East, Asia and Europe, after seven months of travel disruption caused by COVID…
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UNITED

Oct 19, 2020
UNITED plans in Dec to launch eight new routes and increases flights to 19 cities in Mexico/Caribbean/Central America.
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AIR ATLANTA ICELANDIC

Oct 19, 2020
AIR ATLANTA ICELANDIC plans in 2021 to establish new airline, AIR ATLANTA EUROPE, in Malta to provide ACMI services.
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CHINA EXPRESS AIRLINES

Oct 19, 2020
CHINA EXPRESS AIRLINES ordered 50 ARJ21-700s for delivery through 2025 (SPNWS; May 15). It has 38 CRJs and 13 A320s.
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UNITED AIRLINES

Oct 19, 2020
UNITED AIRLINES amended CPA with MESA AIR GROUP and will now directly purchase the 20 E175s being added to fleet (vs previous agreement that Mesa…
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TSA

Oct 20, 2020
TSA screened >1m passengers on October 18 for first time since March.
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SKYWORKS

Oct 20, 2020
SKYWORKS reports that in 3Q20 it repossessed 11 A321-200s, four 787-9s and two A350-900s from LATAM AIRLINES GROUP on behalf of a group of…
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GLOBAL CROSSING AIRLINES

Oct 22, 2020
GLOBAL CROSSING AIRLINES (GlobalX) signed LOI to lease 10 converted A321-200Fs from Vallair for delivery 3Q21-2Q23
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CATHAY PACIFIC GROUP

Oct 22, 2020
CATHAY PACIFIC GROUP announced corporate restructuring that includes cutting employment by 24% (about 8,500 positions), shutting down CATHAY DRAGON …
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AEROMEXICO

Oct 22, 2020
AEROMEXICO had MXP3.6b operating loss in 3Q20 (vs MXP1.3b profit in 3Q19) on 74.5% lower revenues. It has MXP7.8b cash.
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SINGAPORE AIRLINES

Oct 22, 2020
SINGAPORE AIRLINES plans November 9 to begin nonstop Singapore-JFK (A350-900).
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AIRASIA X

Oct 22, 2020
AIRASIA X has reportedly run out of money and needs to raise up to US$120.6m to restart operations. It announced restructuring plan earlier in month…
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AMERICAN

Oct 22, 2020
AMERICAN posted $2.4b net loss for 3Q20 (vs $425m profit in 3Q19) on 73.4% lower revenues, and ended quarter with $13.6b in liqudity. Although it has…
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AMERICAN

Oct 22, 2020
AMERICAN reached deal with Boeing to defer deliveries of 18 737 MAXs from 2021-2022 to 2023-2024. It says it has also finalized series of SLB…
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SOUTHWEST AIRLINES

Oct 22, 2020
SOUTHWEST AIRLINES posted $1.2b net loss for 3Q20 (vs $659m profit in 3Q19) on 68.2% lower revenues, and ended quarter with $15.6b in liqudity. It is…
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SOUTHWEST

Oct 22, 2020
SOUTHWEST says it is in discussions with Boeing to restructure its MAX order book, and continues to evaluate its fleet needs in light of current…
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AMERICAN

Oct 22, 2020
AMERICAN expects to return the 737 MAX to service on December 29, pending FAA approval; but SOUTHWEST says its 737 MAXs will likely remain out of its…
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ALASKA

Oct 22, 2020
ALASKA had $431m net loss for 3Q20a (vs $322m profit in 3Q19) on 71% lower revenues; it ended quarter with $5.5b in liqudity.
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IAG

Oct 22, 2020
IAG estimates it lost €1.3b in 3Q20 (vs €1.4b profit in 3Q19) on 83% lower revenues, and ended quarter with €6.6b in liquidity.
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LUFTHANSA GROUP

Oct 22, 2020
LUFTHANSA GROUP estimates it lost €1.3b in 3Q20 (vs €1.3b profit in 3Q19), and ended quarter with €10.1b in liquidity.
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IATA

Oct 22, 2020
IATA has revised down its 2020 pax traffic forecasts for Middle East and Africa to reach 30% of 2019 vs 45% as it projected in July; it does not…
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JAPAN AIR COMMUTER

Oct 22, 2020
JAPAN AIR COMMUTER and HOKKAIDO AIR SYSTEM are joining oneworld on October 25 as affiliates of Japan Airlines.
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US DOT

Oct 22, 2020
US DOT says US scheduled pax airlines employed 411,176 full-time equivalent (FTE) workers in August, down 8.5% vs August 2019.
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HAWAIIAN

Oct 22, 2020
HAWAIIAN plans in December to restart Honolulu-Boston/-JFK, plus other routes, and will operate its entire 13-city US mainland network as State of…
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BA CITYFLYER

Oct 22, 2020
BA CITYFLYER leased third ex-China Southern E190 (535) from CDB Aviation; four more are due in late 2020/early 2021.
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CATHAY PACIFIC AIRWAYS

Oct 22, 2020
CATHAY PACIFIC AIRWAYS has deferred delivery of its initial 777-9s to beyond 2025; it has 21 777Xs on order.
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EGO AIRWAYS

Oct 22, 2020
EGO AIRWAYS plans startup on December 1 out of Milan Malpensa with ex-Copa E190 (165) wet-leased from WDL Aviation
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DELTA

Oct 22, 2020
DELTA plans October 31 to operate its final 777 flight on JFK-LAX as part of previously announce plan to retire fleet.
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EUROCONTROL

Oct 22, 2020
EUROCONTROL reports single-day network aircraft movements totaled 12,221 on October 20, down 61.2% vs a year ago.
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SINGAPORE CHANGI

Oct 22, 2020
SINGAPORE CHANGI handled 90,200 pax in September, down 98.4% vs September 2019; air cargo dropped 26.9%.

Aerospace

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ALTITUDE AEROSPACE

Oct 16, 2020
ALTITUDE AEROSPACE, Canada was selected by Potez Aéronautique to support engineering development of three composite doors for Eviation's Alice all…
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AIR COVERS

Oct 16, 2020
AIR COVERS, UK booked order to provide environmental protective covers for 147 RAF Typhoon aircraft; first 50 have been delivered.
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ROLLS-ROYCE

Oct 19, 2020
ROLLS-ROYCE priced bond offering of three tranches of senior unsecured notes to raise gross proceeds of about £2b.
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BAA TRAINING VIETNAM

Oct 19, 2020
BAA TRAINING VIETNAM was certified to provide Upset Prevention and Recovery Training (UPRT). It also has two A320 full-flight simulators.
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AERSALE

Oct 19, 2020
AERSALE increased its financial outlook for 2020 (to adjusted EBITDA of $48m-$52m from $41.7m) and 2021 (to >$53.9m); current outlook does not…
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LOCKHEED MARTIN

Oct 20, 2020
LOCKHEED MARTIN posted $1.7b net income on $16.5b sales in 3Q20 vs $1.6b on $15.2b in 3Q19, and delivered 34 aircraft (31 F-35s) and 22 helicopters…
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EMBRAER

Oct 20, 2020
EMBRAER delivered seven E-Jets in 3Q20 vs 17 in 3Q19, and ended quarter with backlog of 307 E-Jets (151 E2s).
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EMBRAER

Oct 20, 2020
EMBRAER delivered 21 business jets (19 Phenoms/two Praetors) in 3Q20 vs 27 (15 Phenoms/five Legacy/seven Praetors) in 3Q19.
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SEAMLESS AIR ALLIANCE

Oct 20, 2020
SEAMLESS AIR ALLIANCE, CA issued Seamless Release 2.0 that defines standards for designing/building OpenIFC (inflight connectivity) products.
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EFW

Oct 22, 2020
EFW was selected by Airbus as a Digital Design, Manufacturing and Services (DDMS) program early adopter for aircraft cabins.
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VERITX AND ALGORAND

Oct 22, 2020
VERITX and ALGORAND teamed to develop digital marketplace to connect buyers and sellers of aircraft parts that can be 3D printed on-demand.
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AIRBUS

Oct 22, 2020
AIRBUS rolled out first A330-800 (1977) for UGANDA AIRLINES, which ordered two to launch long-haul service in 2021.
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GA TELESIS

Oct 22, 2020
GA TELESIS was named by Honeywell as exclusive global distributor (excl. China) for CFM56-5B variable bleed valve stop mechanism for A320-200s.
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NYCO

Oct 22, 2020
NYCO was selected by Windrose Airlines toa supply Turbonycoil 600 oil.
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TRB LIGHTWEIGHT STRUCTURES

Oct 22, 2020
TRB LIGHTWEIGHT STRUCTURES, UK has developed solution for high-volume manufacture of composite components by combining proprietary snap-cure resins…
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PRATT & WHITNEY

Oct 22, 2020
PRATT & WHITNEY plans through 2027 to invest $650m to build 1m sq ft turbine airfoil production facility in Asheville, NC.
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DELTA AIR LINES

Oct 22, 2020
DELTA AIR LINES took delivery of first US-assembled A220 (55070; -300); it previously received 31 Canadian-built A220-100s and has 63 A220s remaining…

MRO

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AIRCRAFT SUPPORT INDUSTRIES

Oct 16, 2020
AIRCRAFT SUPPORT INDUSTRIES signed MOU with North American Aerospace Industries to build three aircraft recycling facilities in US, UAE and The…
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AVENTURE AVIATION

Oct 16, 2020
AVENTURE AVIATION acquired ex-Jettime 737-700 (28497) for part out by AIR SALVAGE INTERNATIONAL.
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EXECUTIVE JET SUPPORT

Oct 19, 2020
EXECUTIVE JET SUPPORT, UK purchased two ex-Alitalia A321-200s (593/599) from Castlelake for part out (SPNWS; Oct 16).
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AVAIR

Oct 19, 2020
AVAIR signed full asset management contract with Icelandair for all surplus materials, including a variety of 757, 767, 737NG and 737 MAX parts.
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FLG TECHNICS

Oct 19, 2020
FLG TECHNICS, FL completed part outaof ex-Malaysia 777-200ER (28412).
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KF AEROSPACE

Oct 19, 2020
KF AEROSPACE, Canada says, due to COVID-19, it has reduced its workforce by 14% via combination of voluntary long-term leaves, resignations,…
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ASCENT AVIATION SERVICES

Oct 20, 2020
ASCENT AVIATION SERVICES, AZ was selected by Sine Draco Aviation Development as mod center for its prototype A321-200 freighter conversion (includes…
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AJW GROUP

Oct 20, 2020
AJW GROUP acquired three ex-Thomas Cook UK A330-200s (254/266/301) for part out at Manchester, UK.
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AVIANOR

Oct 22, 2020
AVIANOR, Canada was selected by Air Transat to perform C-Check on an A330 at Montreal-Mirabel International Airport.
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MTU MAINTENANCE CANADA

Oct 22, 2020
MTU MAINTENANCE CANADA, Vancouver was selected by GE Aviation to provide F108 repair/overhaul for USAF KC-135s.
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MAGNETIC MRO

Oct 22, 2020
MAGNETIC MRO has retained BTT Cloud to manage its IT services.

Business Aviation/MRO

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GENERAL ATOMICS EUROPE

Oct 16, 2020
GENERAL ATOMICS EUROPE, Germany agreed to acquire RUAG International's Oberpfaffenhofen-based business aircraft and helicopter MRO operation, as well…
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TEXTRON

Oct 22, 2020
TEXTRON developed standard repair process for Cessna Citation CJ main landing gear that eliminates need to replace it.

Business Aviation

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DASSAULT AVIATION

Oct 19, 2020
DASSAULT AVIATION is expected to roll out the Falcon 6X on December 8; first flight is planned in early 2021 and EIS in 2022.
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AML GLOBAL ECLIPSE

Oct 22, 2020
AML GLOBAL ECLIPSE agreed to acquire ECLIPSE AEROSPACE (and Eclipse Aircraft project) from bankrupt One Aviation to avoid Chapter 7 liquidation; deal…

MRO/Business Aviation

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BOMBARDIER AVIATION

Oct 19, 2020
BOMBARDIER AVIATION confirmed plan to double footprint of its London Biggin Hill service center to 250,000 sq ft to accommodate 14 Global 7500s…

Defense

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PRATT & WHITNEY

Oct 22, 2020
PRATT & WHITNEY has $1.5m contract to conduct an F135 modernization study.

MRO/Defense

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RAISBECK ENGINEERING

Oct 22, 2020
RAISBECK ENGINEERING has appointed DYNATECK INTERNATIONAL and DIMO as distributors to address the international military King Air market.

Air Transport/MRO

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AIR BELGIUM

Oct 22, 2020
AIR BELGIUM is placing two (921/938) of its four A340-300s into storage at Tarbes-Lourdes-Pyrenees due to overcapacity from the COVID-19 pandemic.

Who'sNews

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WHO'SNEWS: AIR CANADA

Oct 16, 2020
Calin Rovinescu, President/CEO of Air Canada, announced planned retirement on February 15; Michael Rousseau was named successor.
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WHO'SNEWS: HORIZON AIR

Oct 16, 2020
Carlos Zendejas to Vice President-Flight Operations of Horizon Air, Seattle.
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WHO'SNEWS: BOMBARDIER

Oct 19, 2020
Greg Hoggett to General Manager-Biggin Hill Service Centre of Bombardier.
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WHO'SNEWS: GREENPOINT TECHNOLOGIES

Oct 19, 2020
Klaus Koester to Chief Executive Officer of Greenpoint Technologies, Bothell, WA.
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WHO'SNEWS: BII.AERO

Oct 22, 2020
Andrew Newall to Sales Director of Bii.aero, London.
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WHO'SNEWS: C&L AVIATION

Oct 22, 2020
Todd Williams to General Manager of C&L Aviation, Bangor, ME.
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WHO'SNEWS: C&L AVIATION

Oct 22, 2020
Elizabeth Compher to Operations Manager of C&L Aviation, Bangor, ME.
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WHO'SNEWS: DUNCAN AVIATION

Oct 22, 2020
Troy Nail to Airframe Service Sales Manager of Duncan Aviation, Lincoln, NE.