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Air Transport

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AIR FRANCE

Jan 18, 2022
AIR FRANCE took delivery of its 12th A350-900; financing was arranged/provided by Societe Generale under Balthazar-backed sustainability-linked debt…
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BOC AVIATION

Jan 18, 2022
BOC AVIATION signed lease agreements for 21 aircraft in 4Q21 (vs 12 in 4Q20) and 74 in 2021 (vs 102 in 2020). It ended year with owned/managed…
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US DOT

Jan 18, 2022
US DOT says US scheduled pax airlines had 414,597 full-time equivalent (FTE) workers in Nov, down 8.3% vs Nov '19.
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TRANS ISLAND AIRWAYS

Jan 18, 2022
TRANS ISLAND AIRWAYS, Bahamas leased ex-WiderØe Dash 8-300 (238) in transaction arranged by Skyworld Aviation.
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GEORGIAN AIRLINES

Jan 18, 2022
GEORGIAN AIRLINES leased 737-800BCF (28595; ex-Air Italy) from BBAM.
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NORSE ATLANTIC AIRWAYS

Jan 18, 2022
NORSE ATLANTIC AIRWAYS was approved by US DOT for transatlantic flight operations to/from US. It plans to start commercial operations (with 787-9s)…
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TEXEL AIR

Jan 18, 2022
TEXEL AIR (Chisholm Enterprises), Bahrain celebrated acquisition of its first 737-800BCF (29985; ex-Korean Air); it also has one 737-700F and two 737…
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AERCAP

Jan 18, 2022
AERCAP completed 438 transactions (311 lease agreements, 65 purchases and 62 sales) in 2021 vs 179 (97 lease agreements, 36 purchases and 46 sales)…
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EPIC FLIGHT ACADEMY

Jan 18, 2022
EPIC FLIGHT ACADEMY partnered with United Airlines to offer its students opportunity to participate in Aviate Program as pathway to employment.
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JAZEERA AIRWAYS

Jan 18, 2022
JAZEERA AIRWAYS plans January 23 to begin three-times-weekly Kuwait-Chattogram (A320).
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HOP!

Jan 18, 2022
HOP!, France leased ex-KLM Cityhopper E190 (322) from Falko Regional Aircraft.
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AIR FRANCE

Jan 18, 2022
AIR FRANCE plans May 17 to begin three-times-weekly Paris CDG-Québec City, Canada (A330-200).
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MALDIVIAN

Jan 18, 2022
MALDIVIAN ordered two ATR 72-600s and one ATR 42-600 (with new PW127XTs) for delivery in 2022.
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FALKO

Jan 18, 2022
FALKO acquired 27 aircraft, sold 11, and completed leases/extensions on 52 in 2021 vs 23/16/27 in 2020; it also signed LOIs relating to purchase of…
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NAV CANADA

Jan 18, 2022
NAV CANADA reports traffic decrease of 20.1% in Dec 2021 vs Dec 2019.
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SAS LINK

Jan 18, 2022
SAS LINK agreed to lease six ex-Flybe E195s (104/120/128/143/155/168) from Falko for delivery starting in 1Q22.
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SKY LEASING

Jan 18, 2022
SKY LEASING executed SLB agreements for 39 aircraft )19 A320neo Family, four A320ceos, eight 737 MAXs, a 787-9, three 737-800s, and four ATR 72-600s)…
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VINSON & ELKINS

Jan 18, 2022
VINSON & ELKINS launched an aviation finance practice in New York.
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GOL

Jan 18, 2022
GOL agreed to sell 12 new 737-8s to Castlelake for leaseback: two under operating leases/10 under finance leases.
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SILVER AIRWAYS

Jan 18, 2022
SILVER AIRWAYS leased two ATR 42-600s (1602/1606) from TrueNoord, which currently manages 56 aircraft: 19 ATRs; three Dash 8-400s; two CRJ900s; an…
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ICELANDAIR

Jan 18, 2022
ICELANDAIR agreed to lease two new 737-8s from DAE Capital for delivery in 1H22; it will then operate 14 MAXs.
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A4A

Jan 18, 2022
A4A is urging US Government action to address 5G-related flight disruptions. It is requesting that 5G be implemented everywhere except within the…
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BREEZE AIRWAYS

Jan 19, 2022
BREEZE AIRWAYS plans May 4 to launch A220 services on 17 existing routes before adding new longer routes. It expects to have 15 A220-300s in service…
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FLYBONDI

Jan 19, 2022
FLYBONDI, Argentina leased ex-Jeju Air 737-800 (35071) from Macquarie AirFinance and now has five 737NGs.
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FLYPOP

Jan 19, 2022
FLYPOP placed its second A330-300 (1420) into service in Zero-LOPA configuration; HI FLY MALTA operates aircraft.
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BRUSSELS AIRLINES

Jan 19, 2022
BRUSSELS AIRLINES plans March 27 to begin service to eight new cities: Arecife, Lanzarote; Chania, Crete; Hurghada, Egypt; Mytilene, Lesbos; Samos…
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UNITED AIRLINES

Jan 19, 2022
UNITED AIRLINES purchased ex-easyJet A319-100 (2744) with CFM56s from Aircastle; it now has 100 A319s.
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NORTHERN PACIFIC AIRWAYS

Jan 19, 2022
NORTHERN PACIFIC AIRWAYS took delivery of its first 757-200 (27808; ex-American) for startup of pax services out of Anchorage, AK to cities in US and…
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LYNX AIR

Jan 19, 2022
LYNX AIR, Canada plans April 7 startup of Calgary-Vancouver; it plans to add Toronto, Kelowna and Winnipeg by end of April. It has firm orders/lease…
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US DOT

Jan 19, 2022
US DOT says US domestic air fares averaged $314 in 3Q21, up 4.7% from $300 in 2Q21 and 22% from $258 in 3Q20.
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FAA

Jan 19, 2022
FAA have cleared five altimeters to allow 62% of commercial fleet to perform low-visibility landings at airports where wireless companies have…
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AIR AUSTRAL

Jan 19, 2022
AIR AUSTRAL received European Commission approval for French State aid of €20m to offset consequences of COVID.
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UNITED AIRLINES

Jan 20, 2022
UNITED AIRLINES had $646m net loss in 4Q21 (vs $641m profit in 4Q19) on 25% lower revenues and $2b net loss in 2021 (vs $3b net profit in 2019) on 43…
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AMERICAN AIRLINES

Jan 20, 2022
AMERICAN AIRLINES had $931m net loss in 4Q21 (vs $414m profit in 4Q19) on 17% lower revenues and $2b net loss in 2021 (vs $1.7b profit in 2019) on 34…
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NAVBLUE

Jan 20, 2022
NAVBLUE (Airbus) was selected by Colombia's Ultra Air to provide suite of operating management solutions to support startup in 1Q22 with five A320s.
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SWISS

Jan 20, 2022
SWISS took delivery of its first A320neo with new Airspace cabin featuring slimmer sidewall panels, larger overhead bins for 60% more bags, the…
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ATLAS AIR

Jan 20, 2022
ATLAS AIR extended long-term agreement to operate one 747-400F between China and US for SF Group.
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JETONEX

Jan 20, 2022
JETONEX has reportedly purchased ex-Dubai Air Wing/Royal Wing 747-400M (28551) with CF6-80C2s.
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JETONEX

Jan 21, 2022
JETONEX has reportedly purchased ex-Dubai Air Wing/Royal Wing 747-400M (28551) with CF6-80C2s.
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CAYMAN AIRWAYS

Jan 21, 2022
CAYMAN AIRWAYS took delivery of fourth new 737-8 (43336) on lease from Air Lease Corporation under deal for four.

Aerospace

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SMS FUEL CELL SYSTEMS

Jan 18, 2022
SMS FUEL CELL SYSTEMS was created by Electric Aviation Group to develop/commercialize Smart Megawatt Scale (SMS) fuel cell stack systems under EAG's…
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ADB SAFEGATE

Jan 18, 2022
ADB SAFEGATE has acquired DBT TRANSPORTATION SERVICES, CO for weather systems, sensor technologies and services for aviation industry.
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ELEMENT MATERIALS TECHNOLOGY

Jan 18, 2022
ELEMENT MATERIALS TECHNOLOGY has partnered with Rolls-Royce at its Warwick laboratory to introduce spin testing capabilities in the UK.
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AJW GROUP

Jan 18, 2022
AJW GROUP was selected by Honeywell as sole global distributor for its Air Data Inertial Reference Unit (ADIRU) for current production 737 MAXs.
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ZIM AIRCRAFT SEATING

Jan 18, 2022
ZIM AIRCRAFT SEATING was selected by Lufthansa Group to supply ZIMprivacy (PC-02) premium economy seats for 19 Lufthansa 747-8s, plus future 777-9s,…
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FIRST CLASS AIR HOLDINGS

Jan 18, 2022
FIRST CLASS AIR HOLDINGS, KY has acquired Florida-based AVIATION INFLATABLES (AVI) and SURVIVAL PRODUCTS.
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AVTECH SWEDEN

Jan 18, 2022
AVTECH SWEDEN extended Southwest Airlines for Aventus Enroute Winds (and Aventus Descent) for 17 months in deal valued at SEK16m-SEK21m.
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ELECTRA

Jan 18, 2022
ELECTRA, VA secured investment from LOCKHEED MARTIN VENTURES to support its plans to begin flight testing of full-scale hybrid eSTOL technology…
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C&L AEROSPACE

Jan 18, 2022
C&L AEROSPACE was selected by Concorde Battery, CA as distributor of its ERJ sealed lead acid (SLA) battery as alternative to Nickel Cadmium.
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GE AVIATION, SMARTSKY NETWORKS AND MOSAIC ATM

Jan 18, 2022
GE AVIATION teamed with SMARTSKY NETWORKS and MOSAIC ATM to enhance flight management systems and ATM for Advanced Air Mobility (AAM) under NASA…
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AVIATION WEEK

Jan 19, 2022
AVIATION WEEK is forecasting delivery of 40,412 new commercial aircraft engines over the next 10 years, increasing engine fleet by 2.9% per year from…
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JOBY AVIATION

Jan 19, 2022
JOBY AVIATION, CA received FAA Special Airworthiness Certification and USAF Airworthiness Approval for its second pre-production prototype eVTOL…
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SAFRAN and ENGIE

Jan 20, 2022
SAFRAN and ENGIE teamed to invest in INERATEC, a German startup for development and production of carbon-neutral synthetic fuels like e-methane, e…
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OVERAIR

Jan 20, 2022
OVERAIR, CA began full-scale propulsion system test program for its Butterfly eVTOL vehicle, scheduled to fly by 2023.
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HERITAGE GLOBAL PARTNERS and CLOUD INVESTMENT PARTNERS

Jan 20, 2022
HERITAGE GLOBAL PARTNERS and CLOUD INVESTMENT PARTNERS teamed to conduct online auction on Feb 15 of surplus assets (>100,000 line items), including…

Business Aviation

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CUTTER AVIATION

Jan 18, 2022
CUTTER AVIATION, AZ acquired GTU JET, increasing its footprint at Georgetown, TX to 152,000 sq ft hangar space.
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ASSET INSIGHT

Jan 18, 2022
ASSET INSIGHT reports pre-owned, for-sale business aircraft inventory at end 2021 was 54% lower vs end of 2020.
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SPIRIT AERONAUTICS

Jan 18, 2022
SPIRIT AERONAUTICS was selected by Honeywell to provide engineering, technical services, and FAA certifications (as a kit or a completed project) for…
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PIAGGIO AEROSPACE

Jan 19, 2022
PIAGGIO AEROSPACE reopened bidding process for sale of company, which entered receivership in 2018; negotiations with an earlier prospective buyer…
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GAMA

Jan 20, 2022
GAMA added Leonardo Helicopters, Safran Helicopter Engines and Shadin Avionics as Members; Amazon Prime Air and ZeroAvia as Associate Members; and…

Defense

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DUCOMMUN

Jan 19, 2022
DUCOMMUN acquired MAGNETIC SEAL, RI (magnetic seals) in mid-December; Houlihan Lokey advised.

MRO

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VOYAGEUR AVIATION

Jan 18, 2022
VOYAGEUR AVIATION was selected by Sabena technics to provide on-site inventory, component repair/overhaul, and detailed service level support for…
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TAP M&E BRAZIL

Jan 18, 2022
TAP M&E BRAZIL is expected to shut down operations at conclusion of existing programs; it is not accepting new work.
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AMETEK SINGAPORE

Jan 18, 2022
AMETEK SINGAPORE announced it made investment to provide support option in Asia Pacific region for full suite of A350 cargo and galley heaters.
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AIRBUS

Jan 18, 2022
AIRBUS signed MOU with the city of Chengdu and Tarmac Aerosave to develop sustainable aircraft lifecycle service center in China for aircraft parking…
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AERONAUTICAL ENGINEERS

Jan 18, 2022
AERONAUTICAL ENGINEERS has Transport Canada approval for its 12-pallet position 737-800 freighter conversion.
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HAECO HONG KONG

Jan 19, 2022
HAECO HONG KONG completed first split scimitar winglet modification on 737-800 (replacing blended winglets) for Virgin Australia as authorized…
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BEDEK LINGYUN

Jan 19, 2022
BEDEK LINGYUN (Belinco) completed its first aircraft lease end inspection on 737-800 (36541) for Hainan Airlines.
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SR TECHNICS MALTA

Jan 19, 2022
SR TECHNICS MALTA renewed A320 Family base maintenance contract with easyJet for another two years; it expects to have serviced 35 aircraft by end…
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MTU MAINTENANCE and NAYAK GROUP

Jan 20, 2022
MTU MAINTENANCE and NAYAK GROUP teamed to combine their respective engine services and line/base maintenance services. Nayak has decentralized…
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LUFTHANSA TECHNIK

Jan 20, 2022
LUFTHANSA TECHNIK was licensed (CBSA) by CFM International to provide LEAP-1B repair/overhaul services.
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EFW

Jan 21, 2022
EFW re-delivered first (868; ex-Etihad) of two converted A330-200P2Fs to Altavair for lease to MASAIR, Mexico.
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321 PRECISION CONVERSIONS

Jan 21, 2022
321 PRECISION CONVERSIONS was selected by Zetland Capital Partners/Greenwich Highland Aviation to convert four more (now six) A321-200s to freighters…

WHO'SNEWS

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WHO'SNEWS: KLM

Jan 18, 2022
Pieter Elbers will not enter into a third term as President & Chief Executive Officer of KLM.
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WHO'SNEWS: INNOVATIVE SOLUTIONS & SUPPORT

Jan 18, 2022
Dr. Shahram Askarpour to Chief Executive Officer of Innovative Solutions & Support, Exton, PA; Geoffrey S. M. Hedrick passed away.
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WHO'SNEWS: BOEING COMMERCIAL AIRPLANES

Jan 18, 2022
David Loffing to Vice President and Chief Project Engineer-777X of Boeing Commercial Airplanes, Everett.
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WHO'SNEWS: UNITED AIRLINES

Jan 18, 2022
Dick Ferris, former Chief Executive Officer of United Airlines, died of complications of ALS. He was 85.
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WHO'SNEWS: SKYTHREAD

Jan 18, 2022
Jean-Marc Lemaitre to Executive Vice President of Customer Success of SkyThread, Irvine, CA.
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WHO'SNEWS: HDT GLOBAL

Jan 18, 2022
Thomas Thebes to Chief Financial Officer of HDT Global, Solon, OH.
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WHO'SNEWS: VINSON & ELKINS

Jan 18, 2022
David Berkery and Niels Jensen joined Vinson & Elkins as co-leaders of new aviation finance practice out of New York.
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WHO'SNEWS: GLOBAL CROSSING AIRLINES

Jan 18, 2022
Roberto Held to Strategic Advisor (to launch South American cargo operations) of Global Crossing Airlines, FL.
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WHO'SNEWS: IATA

Jan 18, 2022
Frederic Leger to Senior Vice President for Commercial Products and Services of IATA, Geneva.
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WHO'SNEWS: TURBINEAERO

Jan 19, 2022
Peter Gille to Chief Executive Officer of TurbineAero, Chandler, AZ; Rob Wilson will remain Executive Chairman.
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WHO'SNEWS: SGI AVIATION SERVICES

Jan 19, 2022
Davin McCormick to Marketing Manager of SGI Aviation Services, Amsterdam.
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WHO'SNEWS: LUFTHANSA TECHNIK

Jan 19, 2022
Daniel Hepworth to Head of Sales-Europe of Lufthansa Technik, Hamburg; Andreas van de Kuil to Head of Sales-Eastern Europe & CIS.
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WHO'SNEWS: SWISSPORT INTERNATIONAL

Jan 19, 2022
Nadia Kaddouri to Chief Strategy and Sustainability Officer of Swissport International, Opfikon, Switzerland.
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WHO'SNEWS: SIGNATURE AVIATION

Jan 19, 2022
Michael Friisdahl to Executive Chairman of Signature Aviation, Orlando; Tony Lefebvre was named Chief Executive Officer.
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WHO'SNEWS: BOOM SUPERSONIC

Jan 20, 2022
Stephen Weiland to Chief Financial Officer of Boom Supersonic, Denver; Rich Harris was named company's first Chief Legal Officer.
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WHO'SNEWS: AIRBUS

Jan 20, 2022
Yann Ballet, formerly VP-Structured Finance at Airbus, was named a Senior Advisor for Blueberry Aviation.
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WHO'SNEWS: AFI KLM E&M

Jan 20, 2022
Bruno Tricoire to Senior VP-Components of AFI KLM E&M; Nicolas Bertrand was named Senior VP-Industrial Affairs & Projects.