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Air Transport

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SKYWEST AIRLINES

Oct 30, 2020
SKYWEST AIRLINES had $33.7m net income in 3Q20 (vs $91.3m in 3Q19) on 40% lower revenues; block hours fell 41%.
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SKYWEST

Oct 30, 2020
SKYWEST announced agreement to place another 20 CRJ700s (now 90) under multi-year flying contract with AMERICAN; separately, it completed deal to…
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ALLIANCE AIRLINE

Oct 30, 2020
ALLIANCE AIRLINES, Australia purchased 14 E190s and six spare CF34 engines from Copa Airlines for delivery through mid-2021; first (222) was…
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ATSG

Oct 30, 2020
ATSG posted $5.6m net loss in 3Q20 (vs $105.3m profit in 3Q19) on 10.4% higher revenues and ended quarter with 101 aircraft vs 92 a year ago; CARGO…
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FLYPOP

Nov 02, 2020
FLYPOP received significant investment from UK Government's Future Fund as it prepares for startup in 2021 of low-cost services between UK and India…
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JAL GROUP

Nov 02, 2020
JAL GROUP lost ¥67.5b in second quarter ended September 30 (vs ¥41.2b profit a year ago) on 70.4% lower revenues and ended quarter with ¥346.6b in…
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AEROFLOT GROUP

Nov 02, 2020
AEROFLOT GROUP lost RUB23.3b in 3Q20 (vs RUB21.4b profit in 3Q19) on 67.4% lower revenues; it carried 10.1m pax.
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AIR FRANCE-KLM GROUP

Nov 02, 2020
AIR FRANCE-KLM GROUP had €1.7b net loss in 3Q20 (vs €362m profit in 3Q19) on 67% lower revenuesand ended quarter with €12.4b of liquidity. AIR FRANCE…
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DELTA AIR LINES

Nov 02, 2020
DELTA AIR LINES retired its last 777 following JFK-LAX flight on October 31.
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GREATER BAY AIRLINES

Nov 02, 2020
GREATER BAY AIRLINES is being established in Hong Kong for mid-2021 startup with three 737-800s serving China.
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CONVIASA

Nov 02, 2020
CONVIASA, Venezuela acquired ex-Avior A340-300 (199) as part of plan to launch flights to Tehran and Moscow in December.
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RYANAIR

Nov 02, 2020
RYANAIR had €197m net loss for six months ended September 30 (vs €1.15b profit a year ago) on 78% lower revenues (traffic fell from 86m to 17m pax)…
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MESA AIR GROUP

Nov 02, 2020
MESA AIR GROUP secured 5-year, $200m loan facility from US Treasury Department under CARES Act; it accessed initial $43m and has until December 15,…
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COMAC

Nov 02, 2020
COMAC delivered a 23rd ARJ21 (122) to CHENGDU AIRLINES (launch customer) via lease from AVIC International Leasing and a second ARJ21 (144) to AIR…
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AIR CANADA ROUGE

Nov 02, 2020
AIR CANADA ROUGE relaunched operations (from COVID-19 suspension) on November 2 with Toronto-Cancun using A321.
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VOLARIS

Nov 03, 2020
VOLARIS, Mexico agreed to sell two GTF-powered A320neos to Aircastle, and lease them back for 12 years; first was delivered.
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GOVT OF CANADA

Nov 03, 2020
GOVT OF CANADA and GOVT OF NORTHWEST TERRITORIES agreed to contribute C$17.1m and C$3m respectively to ensure continuity of essential air services to…
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KLM

Nov 03, 2020
KLM is still waiting for €3.4b bailout package from Dutch Govt while it waits for certain unions to agree to employment condition contribution…
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DRAKE ASSET MANAGEMENT JERSEY

Nov 03, 2020
DRAKE ASSET MANAGEMENT JERSEY purchased $91m of AEROCENTURY debt from MUFG Lenders and MUFG Bank.
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GOL

Nov 04, 2020
GOL had R$1.7b net loss for 3Q20 (vs R$242m loss in 3Q19) on 74% lower revenues and ended quarter with R$2.2b in liquidity.
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GOL

Nov 04, 2020
GOL is projecting 100% capacity growth in 4Q20 vs 3Q20 and operate daily average of 92 aircraft in 4Q20 vs 63 in 3Q20.
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AIRCASTLE

Nov 04, 2020
AIRCASTLE had $5.8m net income on $9192m revenues in 3Q20 vs $43.3m on $237m in 3Q19, and ended quarter with $2.1b in liquidity. It has 262 aircraft …
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DAE

Nov 04, 2020
DAE had $167.3m net income on $984m revenues in 3Q20 vs $260.5m on $1.1b in 3Q19, and ended quarter with $2.1b in available liquidity. It executed…
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BERLIN BRANDENBURG AIRPORT

Nov 04, 2020
BERLIN BRANDENBURG AIRPORT is now fully operational following opening of southern runway.
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HI FLY

Nov 04, 2020
HI FLY, Portugal announced plan to exercise early return of its A380 (006; ex-Singapore) to Doric in 2021.
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PIONAIR AUSTRALIA

Nov 04, 2020
PIONAIR AUSTRALIA, Sydney purchased ex-Helvetic E190-100LR (435) from GOAL Aircraft Leasing.
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RAM AIR SALE

Nov 04, 2020
RAM AIR SALE, FL purchased two ex-Avianca Brasil A318-122s (3602/3642) from Airbus Financial Services for part out.
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IATA

Nov 04, 2020
IATA reports year-over-year pax traffic decline of 72.8% in September 2020 on 63% lower capacity; cargo fell 8%.
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AIR EUROPA

Nov 04, 2020
AIR EUROPA, Spain secured €475m state aid package, which includes €240m equity-backed loan.
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US DOT

Nov 04, 2020
US DOT reports fuel cost for US airlines was $1.17/gallon in Sept vs $1.96 in Sept 2019; consumption fell 9% vs Aug 2020.
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FRAPORT

Nov 04, 2020
FRAPORT lost €537.2m for first nine months of 2020 (vs €413.5m profit a year ago) on 53.8% lower sales; it is reducing employment 4,000 workers by…
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COMAC

Nov 04, 2020
COMAC delivered an ARJ21 for first time from its Jiangxi Production Flight Test Center; it is third ARJ21 (150) received by JIANGXI AIR.
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FLYDUBAI

Nov 04, 2020
FLYDUBAI plans November 26 to begin twice-daily Dubai-Tel Aviv, Israel (737).
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VISTARA

Nov 04, 2020
VISTARA plans November 19 to begin twice-weekly Delhi-Doha, Qatar (A320).
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AVION EXPRESS MALTA

Nov 05, 2020
AVION EXPRESS MALTA agreed to lease one A321 (TBA) from AerCap; two additional A320 Family are expected in 1H21.
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LUFTHANSA GROUP

Nov 05, 2020
LUFTHANSA GROUP posted net loss of €2b in 3Q20 (vs €1.2b net profit in 3Q19) on 74% lower revenues and ended quarter with €10.1b of available…
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LUFTHANSA GERMAN AIRLINES

Nov 05, 2020
LUFTHANSA GERMAN AIRLINES has lost €3.9b in Jan-Sept 2020 (vs €1.1b profit a year ago) on 72% lower revenues.
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SWISS

Nov 05, 2020
SWISS announced it is temporarily withdrawing 28 older Airbus A320 Family aircraft for the winter timetable period, leaving short- and medium-haul…
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AUSTRIAN AIRLINES

Nov 05, 2020
AUSTRIAN AIRLINES has lost €405m in January-September 2020 (vs €14m profit a year ago) on 74% lower revenues.
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BRUSSELS AIRLINES

Nov 05, 2020
BRUSSELS AIRLINES has lost €256m in January-September 2020 (vs breakeven a year ago) on 70% lower revenues.
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EUROWINGS

Nov 05, 2020
EUROWINGS has lost €563m in January-September 2020 (vs 70m loss a year ago) on 69% lower revenues.
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WIZZ AIR

Nov 05, 2020
WIZZ AIR posted €144.9m net loss in six months ended Sept 30 (vs €368.8m net profit a year ago) on 72% lower revenues, and has €1.6b in cash.
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ATLAS AIR

Nov 05, 2020
ATLAS AIR had $74.1m net income for 3Q20 (vs $60m in 3Q19) on 25% higher revenues; block hours rose 14%.
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US DOT

Nov 05, 2020
US DOT says US scheduled pax airlines employed 702,068 workers in September vs 745,849 in September 2019 and 704,486 in August 2020.
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SWISS

Nov 05, 2020
SWISS announced it is temporarily withdrawing 28 older Airbus A320 Family aircraft for the winter timetable period, leaving short- and medium-haul…
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ALTA

Nov 05, 2020
ALTA added VOEPASS Linhas Aéreas as a member airline; it operates 13 ATRs to 33 cities within all regions of Brazil.

Aerospace

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HONEYWELL

Oct 30, 2020
HONEYWELL earned $617m on $2.7b sales in 3Q20 vs $908m on $3.5b in 3Q19; drop is sales was driven by lower commercial aftermarket demand due to…
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L3HARRIS

Oct 30, 2020
L3HARRIS had $430m net income on $4.5b revenues in 3Q20 vs $435m on $4.4b in 3Q19 and increased its 2020 guidance.
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SPARTAN COLLEGE OF AERONAUTICS AND TECHNOLOGY

Oct 30, 2020
SPARTAN COLLEGE OF AERONAUTICS AND TECHNOLOGY purchased 32 Piper trainers, including the 5,000th Piper Archer.
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COLLINEAR GROUP

Oct 30, 2020
COLLINEAR GROUP, WA was selected by Stottler Henke as sales partner for its Aurora planning and scheduling software solution that uses AI technology.
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SAFRAN

Oct 30, 2020
SAFRAN had €3.4b revenues in 3Q20 vs €6.1b in 3Q19; Aerospace Propulsion fell 48% (civil aftermarket -56.2%); it delivered 211 narrowbody engines …
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MITSUBISHI HEAVY INDUSTRIES

Nov 02, 2020
MITSUBISHI HEAVY INDUSTRIES is pausing the majority of SpaceJet activities, except for TC documentation, and is shifting investment away from M90…
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SONACA GROUP

Nov 02, 2020
SONACA GROUP, Belgium was selected by VoltAero to develop airframe for its Cassio hybrid-electric aircraft family from current design status to…
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STAVATTI AEROSPACE

Nov 02, 2020
STAVATTI AEROSPACE has acquired 19.8-acre, ex-US Army Reserve Center adjacent to Niagara Falls International Airport, NY to set up manufacturing…
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SPIRIT AEROSYSTEMS

Nov 03, 2020
SPIRIT AEROSYSTEMS had $156m net loss on $806m revenues in 3Q20 vs $131m profit on $1.9b in 3Q19 and says it ended quarter with a cash balance of $1…
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WILLIS LEASE FINANCE CORP

Nov 03, 2020
WILLIS LEASE FINANCE CORP, CA had $3m net income on $70.6m revenues in 3Q20 vs $24.1m on $120.4m in 3Q19, and ended quarter with 258 engines, nine…
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BOEING

Nov 03, 2020
BOEING issued $4.9b in senior notes due in 2024, 2026, 2028, and 2031.
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L3HARRIS

Nov 03, 2020
L3HARRIS signed MOU with Seeing Machines for license to use its precision eye-tracking system for flight crew training in full flight simulator…
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TECHNAVIO

Nov 05, 2020
TECHNAVIO forecasts global commercial aerospace 3D printing market to grow by $2.09b in 2020-2024, progressing at a CAGR of almost 19%, fueled by…
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TRIUMPH GROUP

Nov 05, 2020
TRIUMPH GROUP had $33.4m net loss on $482m sales in second quarter ended Sept 30 vs $42.2m net profit on $772m a year ago; it has $2.4b backlog. Its…
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EMBRAER

Nov 05, 2020
EMBRAER rolled first E195-E2 out of paint shop for BELAVIA; aircraft is first of three being leased from AerCap.
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TÜV SÜD

Nov 05, 2020
TÜV SÜD completed its first combined audit for in additive manufacturing for SAUBER ENGINEERING, which secured ISO 9001 and DIN SPEC 17071 certs.
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FLYERSRIGHTS.ORG

Nov 05, 2020
FLYERSRIGHTS.ORG has filed motion in US federal court against FAA to obtain documents pertaining to proposed ungrounding of the 737 MAX, so…
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LAUNCHPOINT EPS

Nov 05, 2020
LAUNCHPOINT EPS, CA was launched in Santa Barbara to specialize in supplying cutting edge modeling and design software, electric motors, hybrid…

Defense

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BOEING

Oct 30, 2020
BOEING was awarded $342m contract mod from USAF to supply third/fourth KC-46As to JAPAN for delivery by mid-2023.
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INTERNATIONAL TEST PILOTS SCHOOL

Nov 02, 2020
INTERNATIONAL TEST PILOTS SCHOOL, Canada was selected by Airbus Defense and Space as training provider of choice for next three years.
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L3HARRIS

Nov 02, 2020
L3HARRIS has contract to missionize three new King Air 350ERs with full-motion video sensors, mission management system and communication datalinks…
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AIR INDUSTRIES GROUP

Nov 05, 2020
AIR INDUSTRIES GROUP announced two new orders worth $9.6m to manufacture E2-D landing gear for Northrop Grumman and F-18 landing gear parts for…

MRO

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AFI KLM E&M

Nov 02, 2020
AFI KLM E&M lost €46m in 3Q20 (vs €71m profit in 3Q19) on 47% lower revenues; third party revenues fell 54.5%.
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MAGNETIC MRO

Nov 04, 2020
MAGNETIC MRO was selected by TrueNoord to provide CAMO services for two CRJ900NGs being redelivered from lessee.
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CERTIFIED AVIATION SERVICES

Nov 04, 2020
CERTIFIED AVIATION SERVICES (CAS) has Amerijet International contract to provide 767 line maintenance at Ontario, CA.
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AIRINMAR

Nov 04, 2020
AIRINMAR (AAR) was selected by Volaris to provide aircraft warranty services for 84 A320 Family aircraft for three years.
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LUFTHANSA TECHNIK

Nov 05, 2020
LUFTHANSA TECHNIK lost €116m on €693m revenues in 3Q20 vs €116m profit on €1.6b in 3Q19; it says reduced flight hours, growing pressure on airlines…
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IBERIA

Nov 05, 2020
IBERIA converted cabin of its first A330-300 to carry cargo; IBERIA MRO performed AIRBUS-designed mod. It will operate between Madrid and LAX.

Business Aviation

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GAMA

Nov 02, 2020
GAMA added MUSTANG AVIATION, SD and SEATTLE AVIATION SOLUTIONS, WA as new members, and NUAIR (Northeast UAS Airspace Integration Research Alliance,…
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SIMCOM

Nov 04, 2020
SIMCOM received FAA approval for PC-12 NGX FTD, supplied by FRASCA INTL, at Scottsdale; second is due in Europe in 2021.
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BOMBARDIER AVIATION

Nov 05, 2020
BOMBARDIER AVIATION had $114m EBITDA on $1.4b revenues in 3Q20 vs $154m on $1.6b in 3Q19; it delivered 24 business jets (13 large) vs 31 a year ago…

Aerospace/MRO

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SPIRIT AEROSYSTEMS

Oct 30, 2020
SPIRIT AEROSYSTEMS completed previously announced acquisition of select assets of Bombardier’s aerostructures and aftermarket services operations in…

Business Aviation/MRO

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DUNCAN AVIATION

Nov 03, 2020
DUNCAN AVIATION and KGB AVIATION SOLUTIONS teamed to provide a new data analysis service for FDRs and CVRs.
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DUNCAN AVIATION

Nov 03, 2020
DUNCAN AVIATION (in collaboration with Gulfstream) has FAA STC to install GOGO AVANCE L5 on G200 and Galaxy jets.

MRO/Defense

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SABENA TECHNICS

Nov 04, 2020
SABENA TECHNICS has acquired AEROTECH PRO, France to expand its presence in military MRO markets. AeroTech Pro has access to 10,000 sq meter hangar…

Air Transport/MRO

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TITAN AIRCRAFT INVESTMENTS

Nov 05, 2020
TITAN AIRCRAFT INVESTMENTS secured $300m in financing from a subsidiary of CDPQ and BNP Paribas, plus $200m bridge financing from volofin Capital…

Who'sNews

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WHO'SNEWS: FREEFLIGHT SYSTEMS

Oct 30, 2020
LeMiracle Hendking to Director of Sales of Freeflight Systems, Irving, TX.
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WHO'SNEWS: LEASE CORPORATION INTERNATIONAL

Nov 02, 2020
Jaspal Jandu to Chief Executive Officer of Lease Corporation International, Dublin; Michael Platt becomes Vice Chairman.
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WHO'SNEWS: LEASE CORPORATION INTERNATIONAL

Nov 02, 2020
Praveen Vetrivel to Chief Financial Officer of Lease Corporation International, Dublin.
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WHO'SNEWS: GEARED SOLUTIONS

Nov 02, 2020
Pete Gibson to President of Geared Solutions, based in Park City, UT, of Triumph Systems & Support.
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WHO'SNEWS: GEARED SOLUTIONS

Nov 02, 2020
Lenn Phegley to Director-Business Development for Geared Solutions, based in Park City, UT, of Triumph Systems & Support.
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WHO'SNEWS: MENTE GROUP

Nov 02, 2020
Vince Restivo to Chief Operating Officer of Mente Group, Dallas.
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WHO'SNEWS: THE OKLAHOMA AERONAUTICS COMMISSION

Nov 04, 2020
Grayson Ardies to State Director of Aeronautics of The Oklahoma Aeronautics Commission.
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WHO'SNEWS: PK AIRFINANCE

Nov 05, 2020
Eelco van de Stadt to President, based in London, of PK AirFinance (effective January 2021); Per Waldelof is retiring.