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Air Transport

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AVIATION WEEK NETWORK

Apr 29, 2022
AVIATION WEEK NETWORK reports (as of April 22) Russian operators have seized 222 western-built commercial and business jets belonging to lessors;…
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AVIA SOLUTIONS GROUP

Apr 29, 2022
AVIA SOLUTIONS GROUP had €34m net profit on €1b revenues in 2021 vs €52m loss on €695m in '20; it has 137 aircraft.
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VIRGIN AUSTRALIA

Apr 29, 2022
VIRGIN AUSTRALIA is adding four 737-8s to fleet (source TBA) from February 2023 and replacing its Fokker 100s with 737-700s as first phase of plan to…
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AVIANCA and VIVA

Apr 29, 2022
AVIANCA and VIVA are combining under same holding company; control of airlines will remain completely independent.
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SKYWEST

Apr 29, 2022
SKYWEST had $17.7m net income on $735m revenues in 1Q22 vs $88.2m on $724m in (pre-pandemic) 1Q19.
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FRONTIER AIRLINES

Apr 29, 2022
FRONTIER AIRLINES had $121m net loss on $605m revenues in 1Q22 vs $27m profit on $547m in (pre-pandemic) 1Q19; 2Q22 capacity is projected to grow 10…
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AEROMEXICO

Apr 29, 2022
AEROMEXICO earned MP2.9b in 1Q22 (vs vs MP500m loss in 1Q21) on 88% higher revenues. It now has 134 aircraft.
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NORSE ATLANTIC AIRWAYS

Apr 29, 2022
NORSE ATLANTIC AIRWAYS plans to begin Oslo-JFK on June 14, Oslo-Fort Lauderdale on June 18, Oslo-Orlando on July 5, and Oslo-Los Angeles on August 9 …
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QANTAS

May 03, 2022
QANTAS ordered 12 A350-1000s for delivery 2025-2028 for Project Sunrise flights to cities including New York and London. It also ordereed 20 A321XLRs…
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AIRBALTIC

May 03, 2022
AIRBALTIC opened new base at Tampere, Finland serving eight destinations with 24 weekly flights (A220s).
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JETBLUE

May 03, 2022
JETBLUE enhanced/improved its unsolicited proposal to acquire SPIRIT AIRLINES, which announced its Board rejected the new offer and is backing…
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REX

May 03, 2022
REX, Australia and DELTA AIR LINES signed LOI to start reciprocal interline ticketing/baggage services starting 3Q22.
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QANTAS GROUP

May 03, 2022
QANTAS GROUP says domestic travel is returning to pre-COVID levels ahead of expectations and revenue growth has led to rapid reduction of its net…
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TAROM

May 03, 2022
TAROM received EC approval for €1.9m Romanian aid measure to compensate for damage suffered due to COVID-19.
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BOEING

May 03, 2022
BOEING reports commercial aircraft delivery financing totaled $64b in 2021 vs $59b in 2019 and $98b in 2019; it says for second consecutive year, 100…
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UNITED AIRLINES

May 03, 2022
UNITED AIRLINES plans in June to resume three-times-weekly San Francisco-Melbourne, Australia (787).
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AVOLON

May 03, 2022
AVOLON lost $182m on $658m lease revenue in 1Q22 vs $83m loss on $470m in 1Q21 and ended quarter with owned/managed/committed fleet of 832 aircraft …
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FALKO

May 03, 2022
FALKO says it signed agreements to acquire nine aircraft, and sell six, in 1Q22; lease agreements/extensions were signed for 16 aircraft and it ended…
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FLYLUX

May 03, 2022
FLYLUX, Luxembourg is being formed to provide ACMI/charters with A320neo Family aircraft leased from ACG.
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WINAIR AVIATION PRIVATE

May 03, 2022
WINAIR AVIATION PRIVATE acquired 79% of TRUJET, India for US$26.1m. It plans restart in 2H22 with up to 17 aircraft.
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COBHAM

May 03, 2022
COBHAM, Australia leased ex-Nok Air Dash 8-400 (4528) from AerCap for operation by NATIONAL JET EXPRESS.
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VIRGIN ATLANTIC AIRWAYS

May 03, 2022
VIRGIN ATLANTIC AIRWAYS plans October 30 to resume three-times-weekly London Heathrow-Havana, Cuba (787-9).
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FRONTIER

May 04, 2022
FRONTIER plans in late June/July to begin Tampa-San Juan, PR/-Montego Bay/-Santo Domingo/-Punta Cana (A320).
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CHORUS AVIATION

May 04, 2022
CHORUS AVIATION completed acquisition of FALKO, increasing its owned/operated/managed portfolio to 348 regional aircraft; concurrently, it closed…
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AHA!

May 04, 2022
AHA! plans July 14 to begin Reno-Santa Rosa, CA (ERJ), its 10th destination out of Reno.
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CENTRAL AIRLINES

May 05, 2022
CENTRAL AIRLINES, China leased 737-800BCF (30420; ex-SunExpress) from BBAM; STAECO modified aircraft.
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ICELANDAIR

May 05, 2022
ICELANDAIR purchased ex-TUI 767-300ER (28883) from AerCap; ST ENGINEERING is converting to freighter for 2H22.
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AIRHUB AIRLINES

May 05, 2022
AIRHUB AIRLINES, Malta leased two ex-GetJet A330-300 (769) with CF6-80E1s from World Star Aviation.
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IATA

May 05, 2022
IATA reports year-over-year global pax traffic was up 76% in March on 46% higher capacity, demonstrating ongoing recovery; cargo fell 5.2% due to…
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AIR SERBIA

May 05, 2022
AIR SERBIA agreed to lease two ex-Myanmar ATR 72-600s (1466/1474) from AerCap.
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EASYFLY

May 05, 2022
EASYFLY, Colombia leased new ATR 42-600 (1416) from Nordic Aviation Capital.
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US DOT

May 05, 2022
US DOT reports fuel cost for US airlines was $3.04/gallon in March vs $1.85 in March 2021; consumption rose 38%.
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IATA

May 05, 2022
IATA says the full restoration of the global airline network is likely years away and cautions some airports could lose their prior status; Hong Kong…
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QANTAS

May 05, 2022
QANTAS agreed to acquire remaining 80% of ALLIANCE AVIATION SERVICES in deal valued at A$614m. It purchased initial 20% in Feb 2019 and says…
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SPIRIT AIRLINES

May 05, 2022
SPIRIT AIRLINES had $194.7m net loss on $967m revenues in 1Q22 vs $56.1m on $856m in (pre-pandemic) 1Q19; 1Q22 capacity increased 19.2% vs 1Q19 but…
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SUN COUNTRY

May 05, 2022
SUN COUNTRY had $3.6m net income on $226m revenues in 1Q22 vs $12.4m on $128m in 1Q21; it has 50 aircraft.
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ALLEGIANT

May 05, 2022
ALLEGIANT had $7.9m net loss on $500m revenues in 1Q22 vs $57.1m net profit on $452m in (pre-pandemic) 1Q19.
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NAVATAIRE

May 05, 2022
NAVATAIRE, MN was selected by India's Akasa Air to provide cloud-based airline platform, including New Skies reservation/retailing, Digital Platform,…
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AIR FRANCE-KLM GROUP

May 05, 2022
AIR FRANCE-KLM GROUP had €552m net loss on €4.4b revenues in 1Q22 vs €320m net loss on €6b in (pre-pandemic) 1Q19; it has €10.8b in liquidity and 538…
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ATLAS AIR

May 05, 2022
ATLAS AIR had $81.5m net profit in 1Q22 (vs $89.9m in 1Q21) on 16% higher revenues; block hours fell 6.7%. It is purchasing five of its existing 747…
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LUFTHANSA GROUP

May 05, 2022
LUFTHANSA GROUP had €584m net loss on €5.4b revenues in 1Q22 vs €342m net loss on €7.9b in (pre-pandemic) 1Q19; it ended quarter with €9.9b in…
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LOGANAIR

May 05, 2022
LOGANAIR is expected to lease Sabena technics-converted ATR 72-500F (855; ex-Air Austral) from Chorus Aviation.
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LUFTHANSA

May 05, 2022
LUFTHANSA seems to be reconsidering permanent retirement of A380 fleet in lieu of delay in 777X program (it has 20 777Xs on order).

Aerospace

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HONEYWELL AEROSPACE

Apr 29, 2022
HONEYWELL AEROSPACE earned $753m on $2.7b sales in 1Q22 vs $762m on $2.6b in 1Q21; aftermarket sales +25%.
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MTU AERO ENGINES

Apr 29, 2022
MTU AERO ENGINES had €53m net income on €1.2b revenues in 1Q22 vs €49m on €989m in 1Q21, and ended quarter with order backlog of €23.3b, up 5% from…
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MAGELLAN AEROSPACE

May 03, 2022
MAGELLAN AEROSPACE has 5-year Safran Landing Systems contract to manufacture complex machined landing gear components for commercial aircraft…
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COMPASS PRECISION

May 03, 2022
COMPASS PRECISION, NC has acquired R&D MACHINE AND ENGINEERING, FL (precision metal components).
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ANSYS

May 03, 2022
ANSYS was selected by Safran Aircraft Engines to provide finite element analysis (FEA) tools as end-to-end structural/thermal simulation solution.
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AERNNOVA

May 03, 2022
AERNNOVA completed acquisition of Évora, Portugal-based EMBRAER METEÁLICAS and EMBRAER COMPÓSITOS from Embraer for US$174m as part of strategic…
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CPaT GLOBAL

May 03, 2022
CPaT GLOBAL, TX launched CRJ700/900 aircraft systems course.
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THALES

May 03, 2022
THALES secured €1b aerospace sales in 1Q22 vs €971m in 1Q21; it booked €1.2b in new orders vs €998m.
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EATON AEROSPACE

May 03, 2022
EATON AEROSPACE earned $159m on $718m sales in 1Q22 vs $96m on $519m in 1Q21; y-o-y backlog rose 14%.
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MAGNIX

May 03, 2022
MAGNIX, WA has teamed with AeroTEC and Air Tindi for its NASA project to demonstrate electric propulsion technology using a Dash 7 (first flight in…
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ATR

May 03, 2022
ATR began converting first ATR 42-600 (811) to STOL configuration for first flight in May 2022; mods include reinforced rear fuselage and new auto…
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WENCOR

May 04, 2022
WENCOR was selected by Fatigue Technology as preferred channel partner for its Cold Working tooling “CB” product line for commercial MRO market.
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FLYHT

May 04, 2022
FLYHT, Canada and MBS ELECTRONIC SYSTEMS, Germany teamed to develop secure wireless avionics software/onboard data loading solution.
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SPIRIT AEROSYSTEMS

May 05, 2022
SPIRIT AEROSYSTEMS had $53m net loss on $1.2b revenues in 1Q22 vs $172m loss on $901m in 1Q21, and says its recovery continues despite ongoing…
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AIRBUS

May 05, 2022
AIRBUS is increasing A320 Family production to 65 per month in mid-2023 and to 75 per month in 2025 and says entry-into-service of A321XLR is being…
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AIRBUS

May 05, 2022
AIRBUS had €1.2b net income on €12b revenues in 1Q22 vs €362m on €10.5b in 1Q21; Commercial Aircraft earned €1.2b on €8.5b vs €343m on €7.3b and…
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LATÉCOÈRE

May 05, 2022
LATÉCOÈRE agreed to acquire Canada's AVCORP INDUSTRIES (aerostructures) in transaction valued at C$139m.
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GENESYS AEROSYSTEMS

May 05, 2022
GENESYS AEROSYSTEMS (Moog) was selected by India's Hindustan Aeronautics to supply S-TEC 4000R autopilot for HAL Do-228.
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FLYHT

May 05, 2022
FLYHT has $5.65m purchase order for Iridium modems/license fees from long-time OEM customer for European airframer for three aircraft types.
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COLLINS AEROSPACE

May 05, 2022
COLLINS AEROSPACE began installing its new Enhanced Flight Vision System (EFVS) on 737s for Texel Air; system includes EVS-3600, a multi-spectral…
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BOEING

May 05, 2022
BOEING is moving its corporate headquarters from Chicago to Arlington, VA and also planning to establish research & technology hub in the region.

MRO

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ST ENGINEERING

Apr 29, 2022
ST ENGINEERING has MOU from United Airlines to extend its narrowbody heavy maintenance program to new facility being built at Pensacola, FL,…
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COOPESA

May 03, 2022
COOPESA, Costa Rica opened its first 737-800BCF conversion line; first aircraft (35502; ex-WestJet) is for BBAM.
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AIRBUS

May 03, 2022
AIRBUS launched program to support academies in promoting careers as aircraft maintenance technicians; it sees need for >700,000 new aircraft…
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ADELOR AIRCRAFT RECYCLING

May 03, 2022
ADELOR AIRCRAFT RECYCLING, France has been formed at Épinal-Mirecourt Airport to provide aircraft storage, disassembly and reactivation (maintenance)…
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ROLLS-ROYCE

May 03, 2022
ROLLS-ROYCE was selected by Qantas to provide TotalCare services for Trent XWB-97s for 12 A350-1000s on order.
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LOT AIRCRAFT MAINTENANCE SERVICES (LOTAMS)

May 05, 2022
LOT AIRCRAFT MAINTENANCE SERVICES (LOTAMS) performed C-Check on 767-300ER (29388) for Icelandair.
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AEROSPACE QUALITY RESEARCH AND DEVELOPMENT (AQRD)

May 05, 2022
AEROSPACE QUALITY RESEARCH AND DEVELOPMENT (AQRD) added two hangars totaling 40,000 sq ft at Addison Airport, TX to expand its on- and off-wing…
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FL TECHNICS

May 05, 2022
FL TECHNICS selected B&H Worldwide to manage its aircraft parts (consumables, engine spares, rotables) storage in Germany at Frankfurt.
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AVIATOR

May 05, 2022
AVIATOR has 5-year Sunclass Airlines contract for ground handling/de-icing at Stockholm, Malmo, and Gothenburg.
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AEROTRAX TECHNOLOGIES

May 05, 2022
AEROTRAX TECHNOLOGIES, TX announced Bamboo Airways, VietJet, and Pacific Airlines joined the Commercial Pilot of its MRO Service Management…
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AFI KLM E&M

May 05, 2022
AFI KLM E&M earned €43m in 1Q22 (vs €8m loss in 1Q21) on 34% higher revenues; third-party revenues rose 15.1%.
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LUFTHANSA TECHNIK

May 05, 2022
LUFTHANSA TECHNIK earned €120m in 1Q22 (vs €45m in 1Q21) on 60% higher revenues; third-party revenues rose 43%.

Business Aviation

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VIP COMPLETIONS

May 03, 2022
VIP COMPLETIONS, FL completed VIP conversion of a 767 for US-based businessman; cabin seats 33 in six distinct living spaces with four lavatories.
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BOMBARDIER

May 05, 2022
BOMBARDIER had $287m net loss on $1.2b revenues in 1Q22 vs $5.1b on $1.3b in 1Q21; it delivered 21 business jets (12 Globals) vs 26 (16 Globals) a…
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TEXTRON AVIATION

May 05, 2022
TEXTRON AVIATION received FAA type certification for Cessna Citation XLS Gen2 and delivered the first aircraft.

WHO'SNEWS

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WHO'SNEWS: ATP

May 03, 2022
Drew Plisco to Chief Financial Officer of ATP, San Francisco.
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WHO'SNEWS: MAINTENANCE OF CANADA JETLINES

May 03, 2022
Brad Warren to Chief Operating Officer and Vice President of Maintenance of Canada Jetlines, Toronto.
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WHO'SNEWS: SATCOM DIRECT

May 03, 2022
Brian Roos to Regional Director-Asia Pacific, based in Singapore, of SATCOM Direct; Kaviraj (Kavi) Nadarajah to Regional Sales Manager.
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WHO'SNEWS: KLM

May 03, 2022
Marjan Rintel was approved by shareholders as next President & Chief Executive Officer of KLM (SPNWS; April 1).
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WHO'SNEWS: GPMS INTERNATIONAL

May 04, 2022
Todd Powers to Head of Sales of GPMS International, Cornwall, VT.
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WHO'SNEWS: AVIATION CAPITAL GROUP

May 04, 2022
Madhu Vijay announced planned retirement as Chief Financial Officer of Aviation Capital Group (date TBD); no successor was named.
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WHO'SNEWS: FEAM AERO

May 05, 2022
James Kimball to Vice President of Technical Operations of FEAM AERO, Miami.
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WHO'SNEWS: MTU AERO ENGINES

May 05, 2022
Lars Wagner was named the future Chief Executive Officer of MTU Aero Engines (effective January 1, 2023); Reiner Winkler is retiring.
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WHO'SNEWS: WINGS CAPITAL PARTNERS

May 05, 2022
Bryan Billings to President of Wings Capital Partners, Newport Beach, CA.