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Air Transport

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AIR LEASE CORPORATION

Aug 06, 2021
AIR LEASE CORPORATION had $85.6m net income in 2Q21 (vs $143.8m in 2Q20) on 5.7% lower revenues; it ended quarter with owned/managed/committed fleet…
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WINGO

Aug 06, 2021
WINGO (Copa), Colombia is now operating six 737-800s, which is two more than at start of pandemic, as reported by CAPA.
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ATSG

Aug 06, 2021
ATSG had $79.9m net income on $325m revenues in 2Q21 vs $105.2m loss on $355m in 2Q20. AMAZON has completed conversion of 14.9m warrants and now owns…
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ATLAS AIR

Aug 06, 2021
ATLAS AIR had $107.1m net income in 2Q21 (vs $78.9m in 2Q20) on 20% higher revenues; block hours rose 9.7%.
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SKYWEST

Aug 10, 2021
SKYWEST ordered 16 E175s for delivery in 2022 for operation for DELTA AIR LINES under new multi-year capacity purchase agreement replacing 16 SkyWest…
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ETIHAD

Aug 10, 2021
ETIHAD posted US400m operating loss in 1H21 (vs $800m loss in 1H20) on 67% lower revenues, showing a progressive recovery across its business despite…
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VOLARIS

Aug 10, 2021
VOLARIS agreed to sell four GTF-powered A320neos to CDB Aviation for leaseback upon delivery in October 2021/May 2022.
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LATAM AIRLINES GROUP

Aug 10, 2021
LATAM AIRLINES GROUP announced it has agreed to order another 28 A320neo Family aircraft on top of 42 now on order.
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EXIM

Aug 10, 2021
EXIM approved $500m financing to support export sale by Boeing of 787-9s to WESTJET, which currently has four on order.
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FEDEX

Aug 10, 2021
FEDEX agreed to assume lease of Boeing's 68,745 sq ft Dreamlifter Operations Center at Paine Field and plans to begin daily 757F operations to…
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IBERIA

Aug 10, 2021
IBERIA sold two ex-LEVEL A330-200s (1864/1882) with CF6-80E1s to Aergo Capital and leased them back.
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ALLEGIANT

Aug 10, 2021
ALLEGIANT plans in 4Q21 to begin 22 new routes, expanding service in 25 US cities (A320).
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BREEZE AIRWAYS

Aug 10, 2021
BREEZE AIRWAYS took delivery of another ex-Air Canada E190 (101) on lease from Nordic Aviation Capital.
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TAG AIRLINES

Aug 10, 2021
TAG AIRLINES plans in mid-August to begin Guatemala-Tapachula/-Cancun, Mexico (ERJ).
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US DOT

Aug 10, 2021
US DOT says US scheduled pax airlines employed 709,678 full-time/part-time workers in June vs 695,373 in June 2020.
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COMPASS CARGO AIRLINES

Aug 10, 2021
COMPASS CARGO AIRLINES, Bulgaria leased AEI-converted 737-800SF (28826; ex-Blue Air) from GA Telesis.
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ALLEGIANT

Aug 10, 2021
ALLEGIANT plans in 1Q22 to open aircraft/crew bases at Flint, MI (three A320s) and Appleton, WI (two A320s).
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BRUSSELS AIRLINES

Aug 10, 2021
BRUSSELS AIRLINES lost (EBIT) €143m in 1H21 (vs €211m loss in 1H20) on 45% lower revenues; it operated 55% fewer flights.
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EXECUTIVE JET SUPPORT

Aug 10, 2021
EXECUTIVE JET SUPPORT purchased ex-Qatar Airways A330-300 (623) from Castlelake for part out by AIR SALVAGE INTL.
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JETRAN

Aug 10, 2021
JETRAN agreed to purchase nine 767-300ERs from LATAM Airlines Group, which received Court approval for deal on June 30.
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LATAM AIRLINES GROUP

Aug 10, 2021
LATAM AIRLINES GROUP had US$770m net loss in 2Q21 (vs US$62.8m loss in 2Q19) on 62.5% lower revenues. It formally cancelled two A350s, four 787s and…
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LATAM AIRLINES GROUP

Aug 10, 2021
LATAM AIRLINES GROUP is expected to lease five ex-Norwegian 787-9s from Avolon (3) and Orix Aviation (2).
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MESA

Aug 10, 2021
MESA had $4.3m net income in third quarter ended June 30 (vs $3.4m a year ago) on 71.2% higher revenues; 51% of its revenue came from United (80…
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GOJET

Aug 10, 2021
GOJET agreed to lease six more (now 12) CRJ700s from Mesa Air Group, which had operated aircraft for United Airlines.
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AIR ARABIA

Aug 10, 2021
AIR ARABIA had AED10.4m net loss in 2Q21 (vs AED239m loss in 2Q20) on 31.3% higher revenues.
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AVIATION CAPITAL GROUP

Aug 10, 2021
AVIATION CAPITAL GROUP had $94.2m net profit on $502m revenues in 1H21 vs $103.7m on $532m in 1H20; it has to date has agreed to defer $154.3m in…
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FLY2SKY

Aug 10, 2021
FLY2SKY, Bulgaria secured ACMI contracts from undisclosed European airline for two A320-200s (1422/3378) with V2500s.
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GLOBAL CROSSING AIRLINES

Aug 10, 2021
GLOBAL CROSSING AIRLINES, Miami launched charter operations on August 7 with 180-pax A320-200 (2695; ex-Frontier).
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AIR CAIRO

Aug 10, 2021
AIR CAIRO leased second ex-Interjet A320neo (8970) with LEAPs from GECAS (SPNWS; July 9).
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AEROMEXICO

Aug 10, 2021
AEROMEXICO leased ex-Norwegian 737-800 (39162) from Merx Aviation.
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NORDWIND AIRLINES

Aug 11, 2021
NORDWIND AIRLINES, Russia leased ex-Jet Airways A330-200 (1351) with CF6-80E1s from GECAS.
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DELTA MATERIAL SERVICES

Aug 11, 2021
DELTA MATERIAL SERVICES sold two CF6-80A2s to Cargo Aircraft Management (ATSG) in deal that includes shop visits at DELTA TECHOPS.
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VOLOTEA

Aug 11, 2021
VOLOTEA leased ex-AirAsia A320-200 (3765/4035) from APF 1 (managed by GOAL); third (3963) is due in September.
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CARGOJET

Aug 11, 2021
CARGOJET acquired 25% stake in US-based 21AIR, which provides ACMI/CMI/charter services with five 767Fs.
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EVE

Aug 11, 2021
EVE (Embraer) signed MOU with Fahari Aviation (Kenya Airways) to develop Urban Air Mobility (UAM) system in the region.
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NORSE ATLANTIC AIRWAYS

Aug 11, 2021
NORSE ATLANTIC AIRWAYS announced plans to startup in 1H22 with transatlantic demand resuming in late 1Q22/early 2Q22, resulting in operation of all…
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AVIANCA

Aug 11, 2021
AVIANCA received Board approval to file its Plan of Reorganization to US Bankruptcy Court; hearing is scheduled for Sep 14.
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AEGEAN AIRLINES

Aug 11, 2021
AEGEAN AIRLINES, Greece leased new GTF-powered A321neo (10305) from SMBC Aviation Capital.
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FLYDUBAI

Aug 11, 2021
FLYDUBAI sold second (60993) of seven 737-8s to SMBC Aviation Capital for leaseback; two more are due in August.
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AIR CANADA

Aug 11, 2021
AIR CANADA plans October 2 to begin four-times-weekly Vancouver-Orange County, CA (737-8).
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AIR CANADA

Aug 11, 2021
AIR CANADA completed >C$7.1b in refinancing transactions, comprising senior secured notes, term loan and credit facility.
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AMAZON AIR

Aug 11, 2021
AMAZON AIR opened $1.5b, 800,000 sq ft hub at Cincinnati/Northern Kentucky International Airport to serve as its primary hub in US.
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SINGAPORE AIRLINES

Aug 11, 2021
SINGAPORE AIRLINES plans August 25 to begin three-times-weekly Los Angeles-Taipei (A350-900).
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SOUTHWEST AIRLINES

Aug 11, 2021
SOUTHWEST AIRLINES says it is seeing a deceleration in bookings and increase in trip cancellations in August 2021, which are believed to be driven by…
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FLYSAFAIR

Aug 11, 2021
FLYSAFAIR, South Africa leased ex-Mango 737-800 (32354) from Carlyle Aviation Partners.
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JETBLUE AIRWAYS

Aug 11, 2021
JETBLUE AIRWAYS began daily JFK-London Heathrow (A321LR).
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LONDON HEATHROW

Aug 12, 2021
LONDON HEATHROW handled 1.5m pax in July (highest since March 2020), down 81% vs July 2019, but up 74% vs July 2020; transatlantic service is rising.
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CHORUS AVIATION

Aug 12, 2021
CHORUS AVIATION had C$21.5m net income in 2Q21 (vs C$29.2m in 2Q20) on 8.6% higher revenues, and ended quarter with C$177.9m liquidity. It has 100…
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GOVERNMENT OF CANADA

Aug 12, 2021
GOVERNMENT OF CANADA plans to grant C$38.9m to support regional air services across Quebec and Canada via Pascan Aviation, Air Inuit, TREQ and Air…
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ALC

Aug 12, 2021
ALC priced public offering of $1.1b of senior unsecured medium-term notes to repay debt and purchase commercial aircraft.
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FRANKFURT AIRPORT

Aug 12, 2021
FRANKFURT AIRPORT handled 2.85m pax in July, down 58.9% vs July 2019, but up 115.8% vs July 2020.
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AZUL

Aug 12, 2021
AZUL had R$1.1m net profit in 2Q21 (vs R$351.6m in 2Q19) on 35% lower revenues vs 2Q19; booking trends are encouraging.
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SPIRIT AIRLINES

Aug 12, 2021
SPIRIT AIRLINES agreed to sell three new GTF-powered A320neos to Jackson Square Aviation for leaseback.
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INDIGO

Aug 12, 2021
INDIGO, India leased new ATR 72-600 (1630) from GOAL Aircraft Leasing for eight years.
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AVIANCA

Aug 12, 2021
AVIANCA announced plans to launch 23 new international routes out of Colombia, Ecuador, Costa Rica, Guatemala, and El Salvador in 2022.
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CARGO AIRCRAFT MANAGEMENT

Aug 12, 2021
CARGO AIRCRAFT MANAGEMENT purchased four 767-300ERs (24984/25241/25269/25354) from Delta Air Lines.

Aerospace

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QATAR AIRWAYS

Aug 06, 2021
QATAR AIRWAYS has grounded 13 A350s after finding fuselage surface below the paint is degrading at an accelerated rate. It has already returned some…
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AE INDUSTRIAL PARTNERS

Aug 06, 2021
AE INDUSTRIAL PARTNERS teamed with Boeing to manage and expand HorizonX venture capital activity as AEI HORIZONX, investing in businesses to…
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AIRBUS

Aug 06, 2021
AIRBUS delivered 47 aircraft (four A220s; 41 A320 Family; two A350s) in July vs 49 (two A220s; 47 A320s) in July 2020.
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AERSALE

Aug 06, 2021
AERSALE had $16.5m net income on $92m revenues in 2Q21 vs $7.9m loss on $43m in 2Q20. It expects strong momentum to continue in 2H21 due to higher…
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ATSG

Aug 06, 2021
ATSG says it has secured rights for 67 freighter conversion slots in 2022-2025 for 767-300s, A321s, and (20) A330s.
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ERICKSON

Aug 06, 2021
ERICKSON, OR has retained Houlihan Lokey to explore strategic alternatives (strategic partner) to accelerate growth.
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ENDEAVOUR CAPITAL

Aug 10, 2021
ENDEAVOUR CAPITAL acquired Southern California-based FMI AEROSTRUCTURES (structural components/assemblies).
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HONEYWELL

Aug 10, 2021
HONEYWELL was selected by Copa to provide its Air Separation Module (ASM) kit for 737s as drop-in replacement to help reduce the risk of fuel tank…
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TRANSDIGM GROUP

Aug 10, 2021
TRANSDIGM GROUP had $317m net income on $1.2b sales in third quarter ended July 3 vs $6m net loss on $1b a year ago.
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HÉROUX-DEVTEK

Aug 10, 2021
HÉROUX-DEVTEK had C$6.7m net income on C$126m sales for first quarter ended June 30 vs C$1.3m loss on C$128m a year ago; excluding impact of foreign…
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MAGNETIC MRO

Aug 10, 2021
MAGNETIC MRO signed chemicals/adhesives consignment agreement with London-based distributor Aerospheres UK; materials will be stored in Tallinn.
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PANASONIC AVIONICS

Aug 10, 2021
PANASONIC AVIONICS was selected by Singapore Airlines (launch customer) to provide its new eCommerce platform to facilitate in-flight food/beverage…
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BOEING

Aug 10, 2021
BOEING delivered 28 aircraft (737-800A; 22 737 MAXs; 747-8F; four 767s) in July vs four (767-300F; 777F; two 787s) in July 2020.
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BOEING

Aug 10, 2021
BOEING added 31 new orders in July from FEDEX EXPRESS (777F), GOL (nine 737 MAXs), SOUTHWEST (six MAXs) and unidentified/VIP customers (four MAXs;…
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CIRCOR AEROSPACE

Aug 10, 2021
CIRCOR AEROSPACE earned $12.1m on $60.8m revenues in 2Q21 vs $13.1m on $62.2m in 2Q20; orders fell 29%.
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GE AVIATION

Aug 11, 2021
GE AVIATION reports its facility at Asheville, NC shipped its 100,000th turbine shroud made from Ceramic Matrix Composite (CMC) materials, and its…
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CAE

Aug 11, 2021
CAE had C$47.3m net income on C$753m revenues for first quarter ended June 30 vs C$110m loss on C$550.5m a year ago. Civil Aviation Training…
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MAGELLAN AEROSPACE

Aug 11, 2021
MAGELLAN AEROSPACE had C$1.1m net income on C$168m revenues in 2Q21 vs C$6.1m on C$162m in 2Q20.
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JOBY AVIATION

Aug 11, 2021
JOBY AVIATION, CA completed business combination with REINVENT TECHNOLOGY PARTNERS and commenced trading on NYSE; transaction values Joby at $4.5b…
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AMPAIRE

Aug 12, 2021
AMPAIRE made demo flight of its Electric EEL hybrid-electric aircraft in Scotland (Kirkwall Airport-Wick John O’Groats Airport).
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MTU AERO ENGINES

Aug 12, 2021
MTU AERO ENGINES sold VERICOR POWER SYSTEMS, GA (marine/industrial gas turbines) to CSL Capital Management, TX; it is retaining IGT maintenance.

MRO

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AERONAUTICAL ENGINEERS

Aug 10, 2021
AERONAUTICAL ENGINEERS has follow-on contract from Aviation Holdings III Investments for three more 737-800 freighter conversions, increasing overall…
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TRAX

Aug 10, 2021
TRAX was selected by Oriental Air Bridge to provide eMRO software for Dash 8s.
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IAI

Aug 11, 2021
IAI began structural modification phase to convert first 777-300ERSF in partnership with GECAS; process will take 130 days.
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MUIRHEAD AVIONICS

Aug 11, 2021
MUIRHEAD AVIONICS, UK renewed its JOSCAR accreditation as for pre-qualification and compliance information for aerospace supply chain.
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PRECISION AVIATION GROUP

Aug 11, 2021
PRECISION AVIATION GROUP has acquired TRACE AVIATION, MS (King Air/B1900 landing gear MRO).
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STANDARDAERO

Aug 11, 2021
STANDARDAERO has 7-year Lufthansa CityLine contract to provide CF34-8C maintenance support for its 30 CRJ900s.
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LUFTHANSA TECHNIK

Aug 12, 2021
LUFTHANSA TECHNIK was selected by Honeywell to provide maintenance support for its components on LEAP engines.

Business Aviation

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AEA

Aug 10, 2021
AEA reports global business and general aviation avionics sales were $500.9m in 2Q21, down from $490.7m in 2Q20.
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JET IT CANADA

Aug 10, 2021
JET IT CANADA took delivery of its first HondaJet (managed by SKYSERVICE BUSINESS AVIATION) for fractional ownership.
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GE AVIATION

Aug 10, 2021
GE AVIATION was selected by Transcend Air, Boston to develop and certify a custom variant of its CT7-8 turboshaft helicopter engine to power new Vy…
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WHEELS UP

Aug 12, 2021
WHEELS UP announced record revenue growth of 113% in 2Q21; active members grew 47% and live flight legs rose 146%.
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ROLLS-ROYCE

Aug 12, 2021
ROLLS-ROYCE delivered its 100th Pearl 15 (for Global 5500 and Global 6500) to Bombardier; engine is built in Dahlewitz.

Defense

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BOEING

Aug 10, 2021
BOEING completed first flight of first of five P-8A Poseidon aircraft for NORWAY.

Business Aviation/MRO

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COMPLETE AIRCRAFT GROUP

Aug 10, 2021
COMPLETE AIRCRAFT GROUP (CAG), UK has acquired Chester, UK-based AEROCARE AVIATION SERVICES (MRO).
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PRO STAR AVIATION

Aug 10, 2021
PRO STAR AVIATION, NH was named by Embraer as authorized Phenom, Legacy and Praetor service center in Northeast US.
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SPIRIT AERONAUTICS

Aug 11, 2021
SPIRIT AERONAUTICS opened business jet avionics installation/mod facility at Baker Aviation's new 70,000 sq ft hangar at Meachum International…
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C&L AVIATION SERVICES

Aug 11, 2021
C&L AVIATION SERVICES has FAA STC for its 16-pax business class seating and floor leveling solution for ERJ 135.
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BEACON

Aug 12, 2021
BEACON (EmbraerX) was selected by Inflite The Jet Centre to provide its maintenance coordination platform.

Aerospace/Defense

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LOCKHEED MARTIN AND SPIRIT AEROSYSTEMS

Aug 11, 2021
LOCKHEED MARTIN and SPIRIT AEROSYSTEMS unveiled new Polaris digital engineering/advanced assembly solution, including Full Size-Hole Determinant…
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ROLLS-ROYCE NORTH AMERICA

Aug 11, 2021
ROLLS-ROYCE NORTH AMERICA has completed 6-year, $600m program to modernize facilities and manufacturing at its Indianapolis Operations Center.

Who'sNews

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WHO'SNEWS: ADVANTAGE AVIATION SERVICES

Aug 06, 2021
Pontus Lamberg to Chief Executive Officer of Advantage Aviation Services Sweden.
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WHO'SNEWS: AE INDUSTRIAL AEROSPACE OPPORTUNITIES FUND

Aug 10, 2021
Erik Deutsch to Chief Technical Officer of AE Industrial Aerospace Opportunities Fund, Boca Raton, FL.
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WHO'SNEWS: TITAN ASSET MANAGEMENT IRELAND

Aug 10, 2021
Eamonn Forbes to Senior Vice President and Chief Commercial Officer of Titan Asset Management Ireland.
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WHO'SNEWS: DUNCAN AVIATION

Aug 10, 2021
Robert Suarez to Market Research Analyst-Aircraft Sales & Acquisitions of Duncan Aviation, Lincoln, NE.
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Who'sNews: Triumph Group

Aug 11, 2021
Jennifer H. Allen to Chief Administrative Officer of Triumph Group, Berwyn, PA.
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WHO'SNEWS: ROYAL AERONAUTICAL SOCIETY

Aug 11, 2021
David Edwards to Chief Executive of the Royal Aeronautical Society, London.
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WHO'SNEWS: ALASKA AIRLINES

Aug 11, 2021
Donald Wright to Vice President of Maintenance and Engineering of Alaska Airlines.
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WHO'SNEWS: SAS

Aug 12, 2021
Louise Bergström to Vice President of Investor Relations of SAS.