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Air Transport

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EL AL ISRAEL AIRLINES

Feb 04, 2022
EL AL ISRAEL AIRLINES signed MOU to purchase ARKIA ISRAELI AIRLINES in exchange for 10-14% of its own equity.
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TRANSAVIA

Feb 04, 2022
TRANSAVIA (Air France-KLM) plans March 31 to begin three-times-weekly Amsterdam-Riga (737).
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ORIX AVIATION

Feb 04, 2022
ORIX AVIATION opened office in Dubai and is closing office in Hong Kong.
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FLYDUBAI

Feb 04, 2022
FLYDUBAI plans March 2 to begin twice-weekly Dubai-Al Ula, Saudi Arabia (737).
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AEROFLOT

Feb 04, 2022
AEROFLOT completed cabin retrofit of two 777s to 427-pax configuration: 28 Business, 24 Comfort and 375 Economy.
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CANADA JETLINES

Feb 04, 2022
CANADA JETLINES took delivery of ex-Pegasus A320-200 (4175) with CFM56s from Jackson Square Aviation.
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TEXTRON AVIATION

Feb 04, 2022
TEXTRON AVIATION rolled out first production Cessna SkyCourier for delivery to FEDEX, which has ordered 50, in 1H22.
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SKYWEST

Feb 04, 2022
SKYWEST had $112m net income for 2021 (vs $340m in 2019) on 9% lower revenues; it ended year with $860m cash and 509 aircraft (211 E175s; 44 CRJ900s;…
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BBAM

Feb 04, 2022
BBAM closed $1.5b Incline Aviation II aircraft leasing fund, which has deployed $318m of equity commitments across 31 aircraft investments as of Dec…
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NORSE ATLANTIC

Feb 07, 2022
NORSE ATLANTIC plans to open ticket sales in late March for launch of transatlantic services out of Oslo in 2Q22. It has taken delivery of its first…
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ASKY AIRLINES

Feb 07, 2022
ASKY AIRLINES, Togo leased ex-GOL 737-800 (37745) from SMBC Aviation Capital.
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FRONTIER AIRLINES and SPIRIT AIRLINES

Feb 07, 2022
FRONTIER AIRLINES and SPIRIT AIRLINES have agreed to merge in deal (expected to close in 2H22) valued at $6.6b.
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AMERICAN AIRLINES

Feb 07, 2022
AMERICAN AIRLINES agreed to invest $200m for 22.2m newly issued shares of GOL, representing 5.2% equity stake.
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NORSE ATLANTIC AIRWAYS

Feb 07, 2022
NORSE ATLANTIC AIRWAYS launched pilot cadet program in partnership with OSM AVIATION ACADEMY. It plans 2Q22 startup with 787-9s.
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AVANTIAIR

Feb 07, 2022
AVANTIAIR, Germany leased ex-Flybe Dash 8-400 (4187) from Aergo Capital.
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SMARTLYNX AIRLINES

Feb 07, 2022
SMARTLYNX AIRLINES agreed to lease two 737-8s from SMBC Aviation Capital for delivery in April 2022.
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SPIRIT AIRLINES

Feb 07, 2022
SPIRIT AIRLINES had $472.6m net loss in 2021 (vs $335.3m profit in 2019) on 16% lower revenues. It has $1.7b cash.
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FRONTIER AIRLINES

Feb 07, 2022
FRONTIER AIRLINES had $102m net loss in 2021 (vs $251m profit in 2019) on 18% lower revenues. It has $918m cash.
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SMARTKARGO

Feb 07, 2022
SMARTKARGO was selected by Amerijet International Airlines to provide new cloud-based cargo management solution to replace its legacy system.
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BESTFLY

Feb 07, 2022
BESTFLY took delivery of ex-MASwings ATR 72-600 (1099) on lease from ACIA Aero Leasing (SPNWS; November 19).
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EASTERN AIRLINES

Feb 07, 2022
EASTERN AIRLINES has acquired ex-All Nippon Airways 777-300ER (32650) with GE90s; aircraft is stored at Mojave.
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ICELANDAIR

Feb 08, 2022
ICELANDAIR is terminating its government-guaranteed credit facility that has been in place since September 2020 as it says it has successfully…
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US DOT

Feb 08, 2022
US DOT reports US airline industry employed 728,150 workers in Dec 2021, down 2.9% from 749,490 in Dec 2019 and up 2.8% from 708,101 vs Nov 2021;…
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VOLOTEA

Feb 08, 2022
VOLOTEA, Spain leased third Indonesia AirAsia A320-200 (3963) with CFM56s from APF1; aircraft is managed by GOAL.
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ATSG

Feb 08, 2022
ATSG has extended/expanded its aircraft leasing/operating agreements with DHL, increasing CAM-leased 767 fleet to 15.
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AVOLON

Feb 08, 2022
AVOLON had $47m net income on $2.1b lease revenues in 2021 vs $37m loss on $2.3b in 2020, and ended year with $6.3b in total liquidity. Its owned…
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SAS

Feb 08, 2022
SAS plans in June to begin Toronto-Copenhagen/-Stockholm (A321LR).
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SALAMAIR

Feb 08, 2022
SALAMAIR began weekly Suhar, Oman-Shiraz, Iran (A320).
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IDEAWORKSCOMPANY

Feb 08, 2022
IDEAWORKSCOMPANY estimates airline ancillary revenues at $65.8b in 2021 vs $109.5b in 2019 and $22.6b in 2010.
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AIR FRANCE

Feb 08, 2022
AIR FRANCE agreed to sell two A350-900s to Griffen Global Asset Management for leaseback; first (544) delivered.
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AIR NEW ZEALAND

Feb 08, 2022
AIR NEW ZEALAND pulled its first 777-300ER (40689) out of storage for all-cargo services to LAX; it was parked 600 days.
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AEROMEXICO

Feb 08, 2022
AEROMEXICO took delivery of two new 737-8s (43798/60455) on lease from DAE Capital.
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SKY EXPRESS

Feb 08, 2022
SKY EXPRESS joined Worldwide by easyJet connections network linking easyJet customers with >20 Greek destinations.
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ATR

Feb 08, 2022
ATR delivered 31 new aircraft (plus 10 used aircraft) in 2021 vs 10 in 2020; it booked orders for 35 vs six. It is bullish for future, forecasting…
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SUN COUNTRY

Feb 08, 2022
SUN COUNTRY had $77.5m net income in 2021 vs $3.9m loss in 2020 (financials for 2019 are not public). It entered into LOIs to lease five 737-800s in…
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PLAY

Feb 08, 2022
PLAY, Iceland signed LOI to lease one A321neo from unidentified lessor for delivery in April; it has now secured its first 10 aircraft (five A321neos…
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FLYNAS

Feb 08, 2022
FLYNAS, Saudi Arabia is expected to sell five A320neos to CDB Aviation for leaseback for delivery in 2022.
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DAE

Feb 09, 2022
DAE had $197m pretax profit on $1.2b revenues in 2021 vs $250m on $1.3b in 2020; it has 79 aircraft under management.
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AIR INUIT

Feb 09, 2022
AIR INUIT converted/placed the first large freighter door (108" x 68") Dash 8-300 (527; ex-CommutAir) into service.
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SOUTHWEST AIRLINES

Feb 09, 2022
SOUTHWEST AIRLINES reached tentative agreement with TWU 550-represented dispatchers on new contract.
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UNITED AIRLINES

Feb 09, 2022
UNITED AIRLINES plans May 6 to resume daily San Francisco-Zurich (787-9).
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JFK

Feb 09, 2022
JFK handled 31m pax in 2021, down 51% from 2019.
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NEWARK LIBERTY

Feb 09, 2022
NEWARK LIBERTY handled 29m pax in 2021, down 37% from 2019.
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LAGUARDIA

Feb 09, 2022
LAGUARDIA handled 6m pax in 2021, down 49% from 2019.
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IATA

Feb 09, 2022
IATA conducted airline survey that found pressure on airline profitability diminished in 4Q21 and improvement is expected to continue in 2022;…
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AIR ARABIA

Feb 09, 2022
AIR ARABIA, Sharjah is establishing FLY ARNA, Armenia for May startup out of Yerevan (to Central Asia and Russia) with two A320neos and FLY JINNAH,…
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THAI AIRASIA

Feb 09, 2022
THAI AIRASIA received (Asia Aviation) Board approval to sell four A320s to Sky Aero Management and three A320s to Avolon for leaseback; deals are…
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KOREAN AIR

Feb 09, 2022
KOREAN AIR received approval from Competition and Consumer Commission of Singapore (CCCS) to acquire ASIANA.
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SILVER AIRWAYS

Feb 09, 2022
SILVER AIRWAYS successfully implemented critical strategic objectives, including raising $50m new capital and entering into new and/or amended…
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SAS IRELAND

Feb 09, 2022
SAS IRELAND agreed to lease five LEAP-powered A320neos from CDB Aviation; first (10752) was delivered.
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YEMENIA

Feb 09, 2022
YEMENIA took delivery of ex-Air Mauritius A330-200 (883) on lease from AFG Aviation Ireland (SPNWS; Dec 24).
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SWOOP

Feb 09, 2022
SWOOP is growing its fleet from 10 to 16 aircraft with six new 737-8s in mid-2022 to expand its domestic network to 37 routes, adding service to…
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STRATOS

Feb 09, 2022
STRATOS, Monaco was added to S&P Global's Select Servicer List for servicing commercial aircraft portfolios.
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AZUL

Feb 11, 2022
AZUL converted its first E195 (638) to Class F freighter in partnership with LHCOLUS TECNOLOGIA; it can carry 15 tonnes.
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MESA AIR GROUP

Feb 11, 2022
MESA AIR GROUP had $14.3m net loss in first quarter ended December 31 (vs $14.1m net income a year ago) on 1.7% lower revenues; 49% of its revenue…
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COPA

Feb 11, 2022
COPA had $39.9m net income in 2021 (vs $247m in 2019) on 44.2% lower revenues; 4Q21 capacity was 83.1% of 4Q19.

Aerospace

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L2 AVIATION and GLOBAL AEROSPACE DESIGN

Feb 04, 2022
L2 AVIATION and GLOBAL AEROSPACE DESIGN formed partnership for design/engineering/certification. L2 is also opening an office in Cincinnati.
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SCHROTH SAFETY PRODUCTS

Feb 04, 2022
SCHROTH SAFETY PRODUCTS, Germany moved Americas headquarters in Pompano Beach, FL new, larger 35,000 sq ft facility in Fort Lauderdale.
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EATON AEROSPACE

Feb 07, 2022
EATON AEROSPACE earned $580m on $2.6b sales in 2021 vs $414m on $2.2b in 2020; increase in sales was attributed to acquisition of COBHAM MISSION…
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QUEBEC

Feb 07, 2022
QUEBEC (US$300m) and AIRBUS (US$900m) agreed to jointly invest US$1.2b in currently unprofitable A220 program to support growth; companies also…
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BOEING

Feb 07, 2022
BOEING ordered 2m gallons of blended SAF from EPIC Fuels to power its Commercial Airplanes operations in Washington/South Carolina in 2022.
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SOUTHEAST AEROSPACE

Feb 08, 2022
SOUTHEAST AEROSPACE has FAA STC to install its new mission console (on existing seat tracks) in Cessna 206H.
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JOBY AVIATION

Feb 08, 2022
JOBY AVIATION, CA teamed with SK TELECOM to develop air taxi service in Korea using its 5-seat eVTOL aircraft.
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TRIUMPH INTERIORS

Feb 08, 2022
TRIUMPH INTERIORS has Airbus contract to design, manufacture and provide full program lifecycle support on A220 primary thermal acoustic insulation…
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SPATIAL

Feb 08, 2022
SPATIAL, Dubai has VietJet Air order for A330 door trainer.
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LEONARDO

Feb 08, 2022
LEONARDO was selected by Vertical Aerospace to co-develop carbon composite fuselage for VX4 eVTOL aircraft, working together to optimize lightweight…
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INTELSTAT

Feb 08, 2022
INTELSTAT was selected by LATAM Airlines Group to provide inflight connectivity for up to 160 A320 Family aircraft.
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TRANSDIGM GROUP

Feb 08, 2022
TRANSDIGM GROUP had $163m net income on $1.2b sales for first quarter ended Jan 1 vs $50m on $1.1b a year ago.
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ELECTRA

Feb 08, 2022
ELECTRA won Phase III SBIR contract with USAF to accelerate development and acquisition of its eSTOL aircraft.
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MAGNIX

Feb 08, 2022
MAGNIX, WA and DESAER, Brazil formed partnership to develop the ATL-100H, a hybrid electric version of the ATL-100 regional aircraft, but powered by…
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ALTON AVIATION CONSULTANCY

Feb 08, 2022
ALTON AVIATION CONSULTANCY opened Middle East office in Dubai.
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AIRBUS

Feb 08, 2022
AIRBUS delivered 30 aircraft (two A220s; 24 A320 Family; four A350s) in January 2022 vs 21 (three A220s; 16 A320s; A330neo; A350) in January 2021; it…
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BOEING

Feb 08, 2022
BOEING delivered 32 aircraft (two 737NGs; 27 737 MAXs; two 767-2Cs; 777F) in January 2022 vs 26 (737NG; 21 737 MAXs; 767F; three 777s) in Jan 2021;…
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HÉROUX-DEVTEK

Feb 09, 2022
HÉROUX-DEVTEK had C$6.5m net income on C$131m sales in third quarter ended Dec 31 vs $8.5m on $150m a year ago.
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TRIUMPH GROUP

Feb 09, 2022
TRIUMPH GROUP had $7.2m net income on $319m sales in third quarter ended December 31 vs $68.1m loss on $426m a year ago. It says it has secured >$2b…
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THYSSENKRUPP

Feb 09, 2022
THYSSENKRUPP extended its deal with Airbus Atlantic for supply chain management in France, Tunisia and Morocco.
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ROLLS-ROYCE

Feb 09, 2022
ROLLS-ROYCE is continuing to produce Trent 1000 and Trent XWB fan blades in Singapore at maximum volume.
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EVE

Feb 11, 2022
EVE (Embraer) formalized 'normal category' aircraft type certification process with ANAC for its eVTOL aircraft.
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VOLOCOPTER

Feb 11, 2022
VOLOCOPTER secured commitment from Aviation Capital Group for up to $1b in financing for its fleet of eVTOLs.
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H3 DYNAMICS

Feb 11, 2022
H3 DYNAMICS completed first fully integrated hydrogen-electric propulsion aircraft nacelle; flight testing is imminent.
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JOBY AVIATION

Feb 11, 2022
JOBY AVIATION, CA began FAA conformity testing to confirm material strength of composite coupons representative of its eVTOL aircraft, expected to…
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DOKASCH TEMPERATURE SOLUTIONS

Feb 11, 2022
DOKASCH TEMPERATURE SOLUTIONS received technical approvals for its Opticooler active containers with Japan Airlines and All Nippon Airways.
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ELECTRA

Feb 11, 2022
ELECTRA has MOU from Yugo, Singapore to acquire up to 12 eSTOL aircraft for its air mobility network in Asia Pacific.

MRO

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8TREE

Feb 04, 2022
8TREE was selected by KF Aerospace to provide its dentCHECK 3D scanner tool.
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TAM

Feb 04, 2022
TAM delivered its 25th Saab 340 Cargo Conversion, ex-Seaborne Saab 340B (336), to Jetstream Aviation Capital.
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AEROVISTA, UAE and PETRUS AVIATION, TX

Feb 04, 2022
AEROVISTA, UAE and PETRUS AVIATION, TX formed joint venture to invest in converting up to four A321-200s to freighters with 321 PRECISION CONVERSIONS…
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FEAM TECHNICAL SERVICES

Feb 08, 2022
FEAM TECHNICAL SERVICES has agreement with Honeywell to offer avionics mods/retrofit for Boeing/Airbus aircraft.
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LUFTHANSA TECHNIK

Feb 08, 2022
LUFTHANSA TECHNIK has 7-year WestJet contract to provide CFM56 maintenance in partnership with FTAI AVIATION.
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FLYDOCS

Feb 09, 2022
FLYDOCS has 10-year easyJet contract to digitize records and asset management of its entire aircraft fleet using AMOS integration software.
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KAMAN COMPOSITES-WICHITA

Feb 09, 2022
KAMAN COMPOSITES-WICHITA has FAA approval for composite repairs on structures of ATRs and ERJs.
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AMAL

Feb 09, 2022
AMAL was formed by the Alvest Group, France and Millennium Aero Dynamics, India to provide GSE products/services in Indian subcontinent.

Who'sNews

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WHO'SNEWS: LUFTHANSA TECHNIK

Feb 04, 2022
Soeren Stark to Chairman of the Executive Board of Lufthansa Technik, Hamburg.
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WHO'SNEWS: ORIX AVIATION

Feb 04, 2022
Ryujiro Tokuma to Head of Global Transportation Services Headquarters of Orix Aviation, Dublin.
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WHO'SNEWS: NORDIC AVIATION CAPITAL

Feb 07, 2022
Klaus Heinemann to a Strategy Consultant of Nordic Aviation Capital; he is expected to later be named Non-Executive Chairman.
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WHO'SNEWS: MAAS AVIATION

Feb 07, 2022
Richard Marston to Chief Commercial Officer of MAAS Aviation, Dublin.
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WHO'SNEWS: ALLEGIANT TRAVEL

Feb 07, 2022
John Redmond, President of Allegiant Travel, was also named CEO (effective June 1); Maurice J. Gallagher, Jr. to Executive Chairman.
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WHO'SNEWS: BLUE PEAK AVIATION

Feb 07, 2022
Angus Clarke to Chief Executive Officer of Blue Peak Aviation, UK; Enrique Dupuy de Lome Chavarri to Non-Executive Director.
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WHO'SNEWS: VELO3D

Feb 08, 2022
James Shih to Vice President of Supply Chain Management of Velo3D, Campbell, CA.
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WHO'SNEWS: COMPOSITES ONE

Feb 08, 2022
Leon Garoufalis to President and Chief Executive Officer of Composites One, Schaumburg, IL.
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WHO'SNEWS: ALTON AVIATION CONSULTANCY

Feb 08, 2022
Raffi Kasparian to a Managing Director, based in Dubai, of Alton Aviation Consultancy.
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WHO'SNEWS: AE INDUSTRIAL PARTNERS

Feb 08, 2022
Pamela Braden to an Operating Partner of AE Industrial Partners, Boca Raton, FL.
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WHO'SNEWS: AVMAX AIRCRAFT LEASING

Feb 09, 2022
Scott Greig to Senior Vice President and Head-Avmax Aircraft Leasing (AALI) of Avmax, Calgary.
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WHO'SNEWS: AVMAX

Feb 09, 2022
Steve Hankirk to Chief Executive Officer of Avmax, Calgary.
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WHO'SNEWS: IBERIA MAINTENANCE

Feb 09, 2022
Marc Wittingen to MRO Commercial & Business Development Director of Iberia Maintenance, Spain.
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WHO'SNEWS: ANA HOLDINGS

Feb 11, 2022
Shinichi Inoue to President & Chief Executive Officer of All Nippon Airways; Yuji Hirako will become Vice Chairman of ANA HOLDINGS.
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WHO'SNEWS: AMETEK

Feb 11, 2022
Sheraz Ahmed to Division Vice President and General Manager-MRO of AMETEK, Berwyn, PA.

Business Aviation

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INTERNATIONAL AIRCRAFT DEALERS ASSOCIATION (IADA)

Feb 07, 2022
INTERNATIONAL AIRCRAFT DEALERS ASSOCIATION (IADA) added jetAVIVA, FL as new accredited member.
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ARGUS INTERNATIONAL

Feb 08, 2022
ARGUS INTERNATIONAL reports year-over-year global business aircraft flight activity was up 32.6% in January 2022.
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iAERO AIRWAYS

Feb 08, 2022
iAERO AIRWAYS added 767-300ER VIP to its certificate and began operating charters for NBA's Houston Rockets.
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MODERN AVIATION

Feb 08, 2022
MODERN AVIATION completed acquisition of Sheltair Aviation's FBOs at LaGuardia and JFK (SPNWS; October 22).
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SANDHILLS GLOBAL

Feb 08, 2022
SANDHILLS GLOBAL, NE reports year-over-year rise in asking values in January of 20.4% for single pistons and 12% for turboprops.
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K5-AVIATION

Feb 09, 2022
K5-AVIATION, Germany took delivery of its first ACJ330-300; FOKKER TECHNIEK will install 243 sq meter cabin.
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BOMBARDIER

Feb 11, 2022
BOMBARDIER had $5.1b net income on $6.1b revenues in 2021 vs $568m net loss on $6.5b in 2020; it delivered 120 business jets (66 Globals; 44…

Defense

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AIR INDUSTRIES MACHINING

Feb 08, 2022
AIR INDUSTRIES MACHINING, NY has $12.4m contract to supply complete main nd nose landing gear for the US Navy’s E-2D Advanced Hawkeye.
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THOMAS GLOBAL SYSTEMS

Feb 09, 2022
THOMAS GLOBAL SYSTEMS was selected by Royal New Zealand Air Force to provide TFD-7000 flight displays for two 757s.
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BOEING

Feb 11, 2022
BOEING has 5-year, $91m USAF contract to provide guidance/navigation repair on various aircraft types at Heath, OH.
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BRAZILIAN AIR FORCE

Feb 11, 2022
BRAZILIAN AIR FORCE reached agreement with Embraer to reduce its KC-390 procurement contract from 28 to 22.

Defense/MRO

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AAR

Feb 08, 2022
AAR extended deal with IAMCO to provide component support for NATO E-3As at Amsterdam for 10 more years.
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SIERRA NEVADA

Feb 11, 2022
SIERRA NEVADA selected Dayton International Airport as site for two future large aircraft MRO/modification facilities.

Aerospace/Defense

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JAUNT AIR MOBILITY

Feb 08, 2022
JAUNT AIR MOBILITY secured market research investment from USAF/USSOCOM for high-speed VTOL capabilities; contract is to develop two conceptual…

Air Transport/Defense

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BOEING

Feb 11, 2022
BOEING plans to offer the P-8A Poseidon to Canada for its Multi-Mission Aircraft (CMMA) projectto replace CP-140s.