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Air Transport

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FTAI AVIATION

Oct 30, 2021
FTAI AVIATION reports in 3Q21 it executed sale/leaseback transaction with ALITALIA (with a novation to ITA) for 16 A320 Family aircraft and entered…
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SKYWORKS HOLDINGS

Oct 30, 2021
SKYWORKS HOLDINGS says in 3Q21 it arranged sales of one 777-200ER and two 767-400ERs (leased to UNITED AIRLINES) and two 737-700s from Copa to German…
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AIR FRANCE-KLM GROUP

Oct 30, 2021
AIR FRANCE-KLM GROUP had €192m net loss in 3Q21 (vs €367m profit in 3Q19) on 41% lower revenues vs 3Q19; it has €10.4b of liquidity. AIR FRANCE GROUP…
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SKYWEST

Oct 30, 2021
SKYWEST had $9.7m net income in 3Q21 (vs $33.7m in 3Q20) on 63% higher revenues and ended quarter with 486 aircraft in service (199 E175s; 40 CRJ900s…
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AFG AVIATION

Nov 01, 2021
AFG AVIATION acquired two 747-8Fs (37562/37563) from Saudia for operation by AIRBRIDGECARGO on behalf of Hongyuan Group, China, the official…
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AERCAP

Nov 01, 2021
AERCAP completed acquisiton of GECAS and now has portfolio of >2,000 aircraft, >900 engines and >300 helicopters, plus 450 aircraft on order. GE…
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BRITISH AIRWAYS

Nov 01, 2021
BRITISH AIRWAYS reached agreement with UK Export Finance (UKEF) and a syndicate of banks for a 5-year, £1.0b credit facility; this is in addition to…
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CARGOJET

Nov 01, 2021
CARGOJET, Canada earned C$54m in 3Q21 (vs C$58.3m in 3Q20) on 16.8% higher revenues vs 3Q20. It has 31 aircraft.
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HAWAIIAN

Nov 01, 2021
HAWAIIAN retained Airstream to remarket seven ATRs, currently parked at Empire Airlines' MRO facility in Coeur d’Alene, ID.
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AIR ASTANA

Nov 01, 2021
AIR ASTANA plans December 3 to begin twice-weekly Almaty-Colombo, Sri Lanka (A321LR).
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SWOOP

Nov 01, 2021
SWOOP began three-times-weekly Edmonton-San Diego, CA (737-800).
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SMARTLYNX AIRLINES

Nov 01, 2021
SMARTLYNX AIRLINES agreed to lease two PRECISION-converted A321Fs (775; ex-Ural Airlines/1204; ex-Air Astana) from entities managed by Cross Ocean…
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FLYONE ARMENIA

Nov 01, 2021
FLYONE ARMENIA received its AOC in preparation for startup (TBA) out of Yerevan with four 180-seat A320-200s.
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RYANAIR

Nov 01, 2021
RYANAIR had €48m net loss for six months ended September 30 (vs €1.2b profit for same period in 2019) on 60% lower revenues vs 2019; it expects to…
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AIR FRANCE

Nov 01, 2021
AIR FRANCE began A220-300 operations on Paris-Berlin/-Venice/-Barcelona/-Madrid/-Milan; it is later adding -Bologna, -Rome, -Lisbon and -Copenhagen…
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LONGTAIL AVIATION

Nov 01, 2021
LONGTAIL AVIATION, Bermuda acquired second ex-KLM 747-400M (30454) for cargo charters. It now has five 747-400s.
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EASYJET EUROPE

Nov 01, 2021
EASYJET EUROPE, Austria leased two ex-easyJet A320-200s (5318/5319) with CFM56s from Bank of America.
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JAZEERA AIRWAYS

Nov 01, 2021
JAZEERA AIRWAYS, Kuwait had KD11.8m net income in 3Q21 (vs KD9.9m in 3Q19) on 152% higher revenues vs 3Q19.
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AMERICAN AIRLINES

Nov 01, 2021
AMERICAN AIRLINES was forced to cancel 1,552 flights on October 29-31 due to weather complications and staff shortages.
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EUROATLANTIC

Nov 01, 2021
EUROATLANTIC has 1-year MENA Cargo contract to provide cargo charters with 777-200ER and 767-300ER in Zero-LOPA.
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NORDWIND AIRLINES

Nov 01, 2021
NORDWIND AIRLINES, Russia leased second ex-Jet Airways A330-200 (1391) with CF6-80E1s from GECAS (AerCap).
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SWOOP

Nov 02, 2021
SWOOP plans to begin Winnipeg-Cancun on December 3 and -Orlando Sanford on December 11 (737-800).
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NORWEGIAN

Nov 02, 2021
NORWEGIAN returned 737-800 (39435; leased from Macquarie AirFinance) to service; it was stored at Oslo during restructuring.
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A.P. MOLLER-MAERSK

Nov 02, 2021
A.P. MOLLER-MAERSK, Copenhagen ordered two 777Fs for delivery in 2024 for operation by STAR AIR. It has also agreed to lease three 767-300Fs from…
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FEDEX

Nov 02, 2021
FEDEX placed first ATR 72-600F into service with ASL AIRLINES IRELAND.
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AIR CANADA

Nov 02, 2021
AIR CANADA says in 3Q21 it ordered two more A220-300s for delivery in 2024; it has now ordered 47 (24 delivered). It also accelerated delivery of…
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VOLARIS

Nov 02, 2021
VOLARIS plans March 21 to begin daily Felipe Angeles International Airport (AIFA)-Tijuana/-Cancun (A320).
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AIR CANADA

Nov 02, 2021
AIR CANADA had C$640m net loss in 3Q21 (vs C$636m net income in 3Q19) on 62% lower revenues vs 3Q19 and ended quarter with unrestricted liquidity of…
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AEROMEXICO

Nov 02, 2021
AEROMEXICO announced hearing to approve Disclosure Statement on the Joint Plan of Reorganization was delayed to Nov 17.
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ETIHAD AIRWAYS

Nov 02, 2021
ETIHAD AIRWAYS plans December 2 to transfer all Russian operations to Terminal C at Moscow Sheremetyevo.
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NAVITAIRE

Nov 02, 2021
NAVITAIRE was selected by Colombian startup Ultra Air to provide its Airline Platform to launch A320 services out of Medellín, Bogotá, Cartagena, and…
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PULSAR AERO GLOBAL

Nov 02, 2021
PULSAR AERO GLOBAL secured financing facility from Ashland Place Finance for three 737-800s leased to European airlines.
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AERCAP

Nov 02, 2021
AERCAP says, following acquistion of GECAS, it has signed 20-year joint venture agreement with Safran Aircraft Engines to take 50% stake in SHANNON…
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THAI AIRWAYS

Nov 02, 2021
THAI AIRWAYS is expected to divest 42 aircraft, including returning 16 to lessors, having fleet to 58, as part of restructuring.
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ABL AVIATION AND ELLINGTON MANAGEMENT GROUP

Nov 02, 2021
ABL AVIATION and ELLINGTON MANAGEMENT GROUP agreed to establish joint venture targeting $800m in aircraft assets. ABL Aviation will act as asset…
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JAPAN AIRLINES

Nov 02, 2021
JAPAN AIRLINES lost ¥104.9b for six months ended Sept 30 (vs ¥54.1b profit for same six months in 2019) on 61.2% lower revenues vs 2019. It is…
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SUN COUNTRY

Nov 02, 2021
SUN COUNTRY had $13.9m net income in 3Q21 and says revenue eclipsed 3Q19; it ended quarter with total liquidity of $300m.
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WILLIS LEASE FINANCE CORP

Nov 02, 2021
WILLIS LEASE FINANCE CORP, CA had $2.9m net income on $70.8m revenues in 3Q21 vs $3m on $70.6m in 3Q20, and ended quarter with 313 engines (vs 258 in…
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DAE

Nov 03, 2021
DAE earned $134.4m on $925m revenues in 3Q21 vs $178.8m on $984m in 3Q20; it ended quarter with $3.4b of liquidity.
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S7

Nov 03, 2021
S7 took delivery of second GTF-powered A320neo (10499) on lease from Aviation Capital Group; third is due by end 2021.
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AVIANCA

Nov 03, 2021
AVIANCA received Bankruptcy Court approval for its Plan of Reorganization and expects to emerge from Chapter 11 by end 2021 with significantly…
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IATA

Nov 03, 2021
IATA reports global pax traffic was down 53.4% in Sept 2021 (vs Aug 2019) on 43.6% lower capacity; cargo increased 9.1%.
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ATLAS AIR

Nov 03, 2021
ATLAS AIR had $119.5m net income for 3Q21 (vs $74.1m in 3Q20) on 26% higher revenues; it has $784.1m in cash.
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LUFTHANSA GROUP

Nov 03, 2021
LUFTHANSA GROUP had €72m net loss in 3Q20 (vs €1.2b net profit in 3Q19) on 49% lower revenues vs 3Q19 and ended quarter with €11.9b of available…
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AIR BUSAN

Nov 03, 2021
AIR BUSAN, South Korea took delivery of new LEAP-powered A321neo (10412) on lease from SMBC Aviation Capital.
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SWISS

Nov 03, 2021
SWISS says it has placed five A330s into temporary storage and is accelerating retirement of some older A320s and deferring deliveries of some new…
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AHA!

Nov 03, 2021
AHA! plans January 3 to begin three-times-weekly Reno-Palm Springs, CA (ERJ).
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ALASKA AIRLINES

Nov 03, 2021
ALASKA AIRLINES leased second new 737-9 (43333) on lease from Air Lease Corporation as part of deal for 13.
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MYANMAR AIRWAYS INTERNATIONAL

Nov 03, 2021
MYANMAR AIRWAYS INTERNATIONAL leased ex-Interjet A320-200 (5933) with CFM56s from Aviation Capital Group.
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TELEPORT

Nov 03, 2021
TELEPORT (AirAsia) wet-leased 737-800BCF (29930; ex-Ryanair) from K-Mile Asia for operation out of Bangkok.
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US DOT

Nov 03, 2021
US DOT reports fuel cost for US airlines was $1.99/gallon in Sept vs $1.17 in Sept 2020; consumption fell 17.3% vs Sept 2019.
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ALTA

Nov 03, 2021
ALTA added Arizona-based AvAir as its newest affiliate member.
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DELTA AIR LINES

Nov 03, 2021
DELTA AIR LINES leased two ex-LATAM Airlines Brasil A350-900s (024/027) from Vmo Aircraft Leasing.
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WIZZ AIR

Nov 04, 2021
WIZZ AIR had €120.9m net loss for six months ended Sept 30 (vs €371.5m profit for same period in 2019) on 47% lower revenues vs 2019; it ended…
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ALASKA AIRLINES

Nov 04, 2021
ALASKA AIRLINES plans June 16 to begin daily Seattle-Miami (737), its 100th nonstop route from SeaTac.

Aerospace

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MTU AERO ENGINES

Oct 30, 2021
MTU AERO ENGINES had €87m net income on €1b revenues in 3Q21 vs €16m on €908m in 3Q20; commercial engine OEM revenues rose 14% and commercial…
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SAFRAN

Oct 30, 2021
SAFRAN secured €3.7b revenues in 3Q21 vs €3.4b in 3Q20: Aerospace Propulsion rose 16.2% and Aircraft Interiors 7.8%.
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CFM INTERNATIONAL

Oct 30, 2021
CFM INTERNATIONAL delivered 256 aircraft (226 LEAPs/30 CFM56s) in 3Q21 vs 211 (172 LEAPs/39 CFM56s) in 3Q20.
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L3HARRIS AVIATION SYSTEMS

Oct 30, 2021
L3HARRIS AVIATION SYSTEMS earned $90m on $625m sales in 3Q21 vs $100m on $792m in 3Q20.
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SKY MART

Oct 30, 2021
SKY MART, FL opened 4,400 sq ft distribution facility in San Antonio, TX.
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COLLINS AEROSPACE

Nov 01, 2021
COLLINS AEROSPACE was selected by British Airways to retrofit fleet of ~60 777s with Club World business class cabin through 2022; project includes…
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WENCOR GROUP

Nov 02, 2021
WENCOR GROUP, GA has acquired ASC INDUSTRIES, Arlington, TX (fastener/fitting/hardware distributor).
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KAMATICS

Nov 02, 2021
KAMATICS has contract from unidentified eVTOL manufacturer to supply components manufactured using its proprietary Titanium Diffusion Hardening (TDH)…
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IBS SOFTWARE

Nov 02, 2021
IBS SOFTWARE was selected by Lufthansa Cargo to provide its iPartner Handling solution
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MTU AERO ENGINES

Nov 02, 2021
MTU AERO ENGINES teamed with EASA to investigate new standards, approval regulations and verification procedures for future certification of flying…
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QATAR FOUNDATION AND ROLLS-ROYCE

Nov 02, 2021
QATAR FOUNDATION and ROLLS-ROYCE signed a MOU to enter into a partnership to create a groundbreaking center for climate-tech innovations that will…
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EATON AEROSPACE

Nov 03, 2021
EATON AEROSPACE earned $164m on $745m sales in 3Q21 vs $100m on $540m in 3Q20; year-over-year backlog rose 5%.
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SPIRIT AEROSYSTEMS

Nov 03, 2021
SPIRIT AEROSYSTEMS had $114m net loss on $980m revenues in 3Q21 vs $156m loss on $806m in 3Q20 and ended quarter with $1.4b in cash and approximately…
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LEONARDO and ELETTRONICA

Nov 03, 2021
LEONARDO and ELETTRONICA signed partnership agreement to support growth of sovereign technologies for developing integrated solutions around their…
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NAVBLUE

Nov 03, 2021
NAVBLUE and France's ENAC signed new partnership agreement to develop new flight ops/ATM solutions for improving safety for next-generation aircraft.
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KAMAN CORPORATION

Nov 03, 2021
KAMAN CORPORATION had $14.7m net income on $179.8m sales in 3Q21 vs $38.5m net loss on $214m in 3Q20. It also announced new orders for two K-MAX…
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AIR INDUSTRIES GROUP

Nov 03, 2021
AIR INDUSTRIES GROUP, NY earned $2m on $14.4m sales in 3Q21 vs $1.7m on $13.7m in 3Q20; it has $6.4m backlog.
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SAFRAN CABIN

Nov 03, 2021
SAFRAN CABIN was selected by Qatar Airways Cargo to provide its new fire resistant containers as replacement for its entire fleet of >10,000 ULDs.
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TRIMECH

Nov 04, 2021
TRIMECH acquired ADAPTIVE CORP and FORWARD VISION to expand its Dassault Systèmes portfolio offering with CATIA, DELMIA, SIMULIA and ENOVIA.
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HOWMET AEROSPACE

Nov 04, 2021
HOWMET AEROSPACE had $27m net income on $1.3b sales in 3Q21 vs $74m on $1.2b in 3Q20; it has $726m in cash.
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VIETJET and SAFRAN

Nov 04, 2021
VIETJET and SAFRAN established long-term partnership covering CFM56 engine/engine services, aircraft seats and interiors supply, plus management…

MRO

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AFI KLM E&M

Oct 30, 2021
AFI KLM E&M earned €29m on €703m revenues in 3Q21 vs €46m loss on €616m in 3Q20; third party revenues rose 3%.
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VD GULF

Oct 30, 2021
VD GULF, UAE was selected by Bees Airline, Ukraine to provide 737NG line maintenance in UAE and Egypt.
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STEVENS AEROSPACE AND DEFENSE SYSTEMS

Nov 01, 2021
STEVENS AEROSPACE AND DEFENSE SYSTEMS began construction of new MRO facility at Smyrna, TN for mid-2022; first phase of facility will provide 57,000…
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CASL

Nov 01, 2021
CASL was selected by Greater Bay Airlines to provide 737-800 line maintenance and ground handling services at Hong Kong.
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MENA AEROSPACE

Nov 01, 2021
MENA AEROSPACE was selected by HAITEC, Germany to provide narrowbody/widebody maintenance services out of Bahrain.
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ROLLS-ROYCE

Nov 01, 2021
ROLLS-ROYCE has $400m Vietjet contract to provide Trent 700 support for up to 10 A330s (TBA) to be leased in near future.
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FALCON AIRCRAFT RECYCLING, UAE

Nov 03, 2021
FALCON AIRCRAFT RECYCLING, UAE has Emirates contract to break down A380 (011; EIS in 2008) and upcycle/recycle material after airline harvested…
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SWISS-AS

Nov 03, 2021
SWISS-AS was selected by Greater Bay Airlines to provide AMOS MRO software.
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DONECLE

Nov 03, 2021
DONECLE, France was selected by Regional Jet Center to provide its drone solution for inspecting Embraer aircraft at MRO facility at Amsterdam…
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SEABURY SOLUTIONS

Nov 03, 2021
SEABURY SOLUTIONS was selected by Alaska's Northern Pacific Airways to provide Alkym M&E IT platform to support engineering requirements for 757s.
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BOEING

Nov 03, 2021
BOEING has ATSG order to convert four 767-300s to freighters; it now has >100 767-300BCF orders and commitments.
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LUFTHANSA TECHNIK

Nov 03, 2021
LUFTHANSA TECHNIK earned €22m on €1.1b in 3Q21 vs €116m loss on €693m in 3Q20; third party revenues rose 46%.
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IFS

Nov 04, 2021
IFS was selected by Viva Air to provide maintenance/fleet planning software.

Defense

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HÉROUX-DEVTEK

Oct 30, 2021
HÉROUX-DEVTEK, Canada has Lockheed Martin contract to develop new landing gear for next-generation military aircraft.
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BOEING

Nov 01, 2021
BOEING delivered its first KC-46A to the Japan Air Self-Defense Force (JASDF) marking the program’s first delivery to a customer outside the US.

Business Aviation

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BOMBARDIER

Oct 30, 2021
BOMBARDIER had $377m net loss on $1.45b sales in 3Q21 vs $192m profit on $1.41b in 3Q20. It delivered 27 business jets (four light/eight medium/15…
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ASSET INSIGHT

Oct 30, 2021
ASSET INSIGHT, Las Vegas reports year-over-year increase of 19% in pre-owned business aircraft transactions in 3Q21.
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AIRBUS

Oct 30, 2021
AIRBUS made first flight of SAF-powered A319neo as part of inflight study in partnership with Dassault Aviation, ONERA, the French Ministry of…
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STEVENS AEROSPACE AND DEFENSE SYSTEMS

Nov 01, 2021
STEVENS AEROSPACE AND DEFENSE SYSTEMS began construction of new MRO facility at Smyrna, TN for mid-2022; first phase of facility will provide 57,000…
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BOMBARDIER

Nov 03, 2021
BOMBARDIER announced construction of new US$440m, 770,000 sq ft Global business jet manufacturing center at Toronto Pearson International Airport (to…
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DUNCAN AVIATION

Nov 03, 2021
DUNCAN AVIATION was selected by Gogo Business Aviation to provide engineering/certification services to complete first-article STC to modify AVANCE…
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FOUR CORNERS AVIATION

Nov 03, 2021
FOUR CORNERS AVIATION, Dallas launched Freedom by Four Corners Aviation program to provide customized and fully integrated lift solution, including…

Air Transport/MRO

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GLOBALX

Nov 02, 2021
GLOBALX announced its first A321P2F (1438; ex-AtlasGlobal) being leased from Greenwich Highland Aviation entered conversion at HAECO AMERICAS, Lake…

WHO'SNEWS

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WHO'SNEWS: DUBLIN AEROSPACE

Nov 01, 2021
William Flaherty to Chief Executive Officer of Dublin Aerospace, Ireland; Conor McCarthy resumes position of Executive Chairman.
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WHO'SNEWS: AVOLON

Nov 01, 2021
Ciara Ruane to Chief People Officer of Avolon, Dublin.
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WHO'SNEWS: INTERNATIONAL ASSOCIATION OF AIRCRAFT DEALERS

Nov 01, 2021
Zipporah Marmor, VP of ACASS, was named Vice Chair of the Board of International Association of Aircraft Dealers (IADA).
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WHO'SNEWS: INTERNATIONAL ASSOCIATION OF AIRCRAFT DEALERS

Nov 01, 2021
David Monacell, Partner of CFSJets, was named Chairman of the Board of International Association of Aircraft Dealers (IADA).
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WHO'SNEWS: DEERE & COMPANY

Nov 01, 2021
Leanne G. Caret, President & CEO of Boeing Defense, Space & Security, was elected to the Board of Deere & Company, IL.
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WHO'SNEWS: AERLYTIX

Nov 01, 2021
Nancy Derby to Head of Business Development of Aerlytix, Dublin.
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WHO'SNEWS: ACC AVIATION

Nov 01, 2021
Andreas Pericleous to Vice President of Business Development-Consultancy Division, based in Cyprus, of ACC Aviation.
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WHO'SNEWS: INTERNATIONAL BUSINESS AVIATION COUNCIL

Nov 01, 2021
Steven Abreu-Hill to IS-BAH Audit Manager of the International Business Aviation Council (IBAC), Montreal.
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WHO'SNEWS: INMARSET

Nov 03, 2021
Philippe Carette to President-Aviation of Inmarsat, UK.
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WHO'SNEWS: GRIFFIN GLOBAL ASSET MANAGEMENT

Nov 03, 2021
Carolanne Cunningham to General Counsel of Griffin Global Asset Management, Dublin.
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WHO'SNEWS: HAWAIIAN AIRLINES

Nov 03, 2021
Alanna James to Managing Director of Sustainability Initiatives of Hawaiian Airlines.
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WHO'SNEWS: HAWAIIAN AIRLINES

Nov 03, 2021
Ashlee Kishimoto to Managing Director of Investor Relations of Hawaiian Airlines.
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WHO'SNEWS: GRIFFIN GLOBAL ASSET MANAGEMENT

Nov 03, 2021
Carolanne Cunningham to General Counsel of Griffin Global Asset Management, Dublin.
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WHO'SNEWS: GRIFFIN GLOBAL ASSET MANAGEMENT

Nov 03, 2021
Eimear Konkoly to Vice President of Griffin Global Asset Management, Dublin.
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WHO'SNEWS: GRIFFIN GLOBAL ASSET MANAGEMENT

Nov 03, 2021
Bill O’Brien to Financial Controller of Griffin Global Asset Management, Dublin.
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WHO'SNEWS: AQUILA AIR CAPITAL

Nov 03, 2021
Al Wood to Chief Executive Officer of Aquila Air Capital, New York.
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WHO'SNEWS: AQUILA AIR CAPITAL

Nov 03, 2021
Peter Siaw to Head of Originations and Leasing-APAC, based in Singapore, of Aquila Air Capital.
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WHO'SNEWS: TRUENOORD

Nov 03, 2021
Maarten Grift to Sales Manager-Africa, Middle East and CIS of TrueNoord.
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WHO'SNEWS: WORLD STAR AVIATION

Nov 03, 2021
Jose Eduardo Moreira to Head of Technical, based in Lisbon, of World Star Aviation.
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WHO'SNEWS: AERONAUTICAL REPAIR STATION ASSOCIATION

Nov 03, 2021
Terrell Siegfried, of the NORDAM Group, was elected President of the Aeronautical Repair Station Association (ARSA).

Business Aviation/MRO

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EXECUJET MRO SERVICES MIDDLE EAST

Nov 03, 2021
EXECUJET MRO SERVICES MIDDLE EAST opened line maintenance station at Dubai's Al Maktoum International Airport (DWC).