Subscription Required

 

SpeedNews - July 1, 2022 is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.

 

 

Air Transport

article

AER LINGUS

Jun 27, 2022
AER LINGUS agreed to lease two new LEAP-powered A320neos from CDB Aviation for delivery by end of July.
article

CARGO AIRCRAFT MANAGEMENT

Jun 27, 2022
CARGO AIRCRAFT MANAGEMENT agreed to purchase five 767-300ERs from Condor; first (25209) was delivered.
article

MACQUARIE GROUP

Jun 27, 2022
MACQUARIE GROUP is negotiating to acquire ALAFCO, Kuwait, according to unconfirmed media reports.
article

QANTAS

Jun 27, 2022
QANTAS plans to begin three-times-weekly Perth-Johannesburg (A330) on Nov 1 and Perth-Jakarta (737) on Nov 30.
article

QANTAS GROUP

Jun 27, 2022
QANTAS GROUP has reduced its net debt to well below pre-COVID levels from peak of A$6.4b to around $4b.
article

VOLOTEA AIRLINES

Jun 27, 2022
VOLOTEA AIRLINES, Spain leased ex-Peach A320-200 (5304) with CFM56s from AerCap.
article

SWOOP

Jun 27, 2022
SWOOP took delivery of second new 737-8 (42838) on lease from SMBC Aviation Capital as part of overall deal for six.
article

FEDEX CORP

Jun 27, 2022
FEDEX CORP had $3.8b net income on $93.5b revenues for year ended May 31 vs $5.2b on $84b a year ago.
article

AZORRA

Jun 28, 2022
AZORRA agreed to purchase 11 E-Jets formerly owned by Nordic Aviation Capital in addition to previously announced portfolio of 37 aircraft. It will…
article

SPIRIT AIRLINES

Jun 28, 2022
SPIRIT AIRLINES announced improved merger agreement with FRONTIER with unanimous recommendation from its Board that stockholders vote for deal and…
article

TUI FLY NETHERLANDS

Jun 28, 2022
TUI FLY NETHERLANDS agreed to wet-lease (ACMI) two A320-200s from GlobalX in July/August 2022.
article

DELTA AIR LINES

Jun 28, 2022
DELTA AIR LINES plans October 2 to restart Minneapolis-Seoul, South Korea (A350-900).
article

FREEBIRD

Jun 28, 2022
FREEBIRD leased A320s from Macquarie AirFinance (5906; ex-Air Corsica)/Dragon Aviation Leasing (3984; ex-Juneyao).
article

ETF AIRWAYS

Jun 28, 2022
ETF AIRWAYS, Croatia leased ex-T'Way Air 737-800 (34899) from BBAM.
article

BOLIVIANA DE AVIACIÓN

Jun 28, 2022
BOLIVIANA DE AVIACIÓN leased ex-Blue Air 737-800 (30702) from Carlyle Aviation Partners.
article

CARGO AIR

Jun 28, 2022
CARGO AIR, Bulgaria acquired AEI-converted 737-800SF (28823); aircraft was purchased from Enter Air, Poland.
article

NORDIC AVIATION CAPITAL

Jun 28, 2022
NORDIC AVIATION CAPITAL closed 5-year, $400m senior secured warehouse revolving credit facility with initial commitments from Deutsche Bank AG (sole…
article

AVELO AIR

Jun 28, 2022
AVELO AIR leased ex-Southwest 737-700 (33785) from Genesis Aircraft Services.
article

NORWEGIAN GOVERNMENT

Jun 28, 2022
NORWEGIAN GOVERNMENT announced plan to convert its debt holding in SAS into equity, but will not add new capital.
article

JETBLUE

Jun 28, 2022
JETBLUE again modified its proposal to acquire SPIRIT AIRLINES, based on discussions with Spirit shareholders. It added ticking fee; increased…
article

SKYWEST AIRLINES

Jun 28, 2022
SKYWEST AIRLINES withdrew notice to terminate United Express service between Salina, KS and Chicago/Denver.
article

LUFTHANSA

Jun 28, 2022
LUFTHANSA plans mid-2023 to reactivate the A380 (number TBD; it has fleet of eight in deep storage in France and Spain) in response to steep rise in…
article

AAPA

Jun 28, 2022
AAPA members carried (improved) 7.3m pax in May 2022, down 76.4% from May 2019; international PLF was 71.5%.
article

SILK WAY WEST AIRLINES

Jun 28, 2022
SILK WAY WEST AIRLINES, Azerbaijan ordered two A350Fs for delivery in 2027-2028 and optioned two.
article

FLYPOP AND HI FLY

Jun 28, 2022
FLYPOP and HI FLY are forming joint venture to operate pax flights in UK using flypop-owned aircraft operated by Hi Fly.
article

LAX

Jun 30, 2022
LAX handled 5.8m pax in May, down 23.4% vs May 2019; intl. was down 37%.
article

TURKISH AIRLINES and AIR SERBIA

Jun 30, 2022
TURKISH AIRLINES and AIR SERBIA signed MOU to explore ways of deeper commercial cooperation, including possible joint venture for air services…
article

SKY LEASING

Jun 30, 2022
SKY LEASING secured $300m acquisition facility from MUFG to support purchase of 12 off-lease 737-8s.
article

NAV CANADA

Jun 30, 2022
NAV CANADA received C$105m funding from Govt of Canada for projects to improve reliability, safety, and performance of Canada's air transportation…
article

SPIRIT AIRLINES

Jun 30, 2022
SPIRIT AIRLINES adjourned Special Meeting of Stockholders on June 30 without vote on merger agreement with FRONTIER to continue discussions with…
article

LION AIR

Jun 30, 2022
LION AIR agreed to sell eight 737-8s to Aergo Capital for leaseback; first (43016) was delivered to BATIK AIR.
article

ETIHAD AIRWAYS

Jun 30, 2022
ETIHAD AIRWAYS resumed weekly Abu Dhabi-Beijing (787-9).
article

ANADOLU JET

Jun 30, 2022
ANADOLU JET, Türkiye took delivery of new 737-8 (65741) on lease from BOC Aviation.
article

INTERNATIONAL AIRLINES GROUP

Jun 30, 2022
INTERNATIONAL AIRLINES GROUP ordered another 11 A320neos and three A321neos for delivery in 2024-2025.
article

KLM

Jun 30, 2022
KLM is repaying final portion of €277m loans secured from the Dutch Govt and banks in 2020. It borrowed a total of €942m from the credit facility of …
article

AEROLINEAS ARGENTINAS

Jun 30, 2022
AEROLINEAS ARGENTINAS leased new 737-8 (43321) from Air Lease Corporation.
article

NORWEGIAN AIR SWEDEN

Jun 30, 2022
NORWEGIAN AIR SWEDEN leased two ex-Garuda 737-800s (38033/38043) from AerCap.
article

SMARTLYNX ESTONIA

Jun 30, 2022
SMARTLYNX ESTONIA leased ex-Starflyer A320-200 (5931) with CFM56s from Aviation Capital Group.
article

BREEZE AIRWAYS

Jun 30, 2022
BREEZE AIRWAYS leased ex-Air Europa Express E195 (244) from Nordic Aviation Capital.
article

EUROPEAN AIR CHARTER

Jun 30, 2022
EUROPEAN AIR CHARTER, Bulgaria leased ex-SmartLynx A320-200 (1873) with CFM56s from Aero Capital Solutions.
article

AVELO AIRLINES

Jun 30, 2022
AVELO AIRLINES opened its third base at Orlando with three 737NGs; over next 12 months, it plans to fly to 15 nonstop destinations from MCO, and by…
article

GLOBALX AND HAVANA AIR

Jun 30, 2022
GLOBALX and HAVANA AIR has US DOT approval to expand their charter services with twice-weekly Miami-Camaguey/-Santiago de Cuba (in addition to…
article

LUFTHANSA

Jun 30, 2022
LUFTHANSA purchased ex-Emirates 777F (35613) for delivery in August 2022 for operation by AEROLOGIC.
article

SGI AVIATION

Jun 30, 2022
SGI AVIATION announced it extended lease to Sept 2027 of 777-300ER with UAE-based airline on behalf of a client.

Aerospace

article

JET PARTS ENGINEERING

Jun 27, 2022
JET PARTS ENGINEERING has FAA approval for 12 new PMAs; parts include E-Jet escape slide fittings, PW4000 thrust reverser blocker door seals, E170…
article

SENSOR NETWORKS

Jun 28, 2022
SENSOR NETWORKS, PA introduced WheelArray transducer designed to ultrasonic testing/inspection of composite material or flat metal plate.
article

WORLD FUEL SERVICES

Jun 28, 2022
WORLD FUEL SERVICES, TX was named authorized distributor of Neste MY SAF; it will establish the first supply location at Paris Le Bourget.
article

etaGLOBAL

Jun 28, 2022
etaGLOBAL (Aeromed Group) NC was named by Compaero, NC as a channel partner and distributor for its hardware and fastener line.
article

TORAY

Jun 28, 2022
TORAY was selected (as part of ACC consortium) by NASA to supply thermoset and thermoplastic prepregs in support of HiCAM research project to improve…
article

UNIVERSAL AVIONICS

Jun 28, 2022
UNIVERSAL AVIONICS, AZ was selected by Aeronaves TSM to upgrade 15 MD-80s and 11 DC-9s with new SBAS-FMS with Localizer Performance with Vertical…
article

TRIUMPH

Jun 30, 2022
TRIUMPH has Mammoth Freighters contract to supply composite air distribution ducts for 777 freighter conversions.
article

AERFIN

Jun 30, 2022
AERFIN acquired overhauled 737-800 landing gear shipset from Hawker Pacific Aerospace and leased it back.
article

BII.AERO

Jun 30, 2022
BII.AERO, UK has exclusive 3-year A320 component lease/exchange agreement with Bulgaria's European Air Charter.
article

CPaT

Jun 30, 2022
CPaT was selected by Brazil's Total Linhas Aéreas to provide aircraft systems courses and interactive diagrams for 737CL, ATR 42-500 and ATR 72-600.
article

ASTRONICS

Jun 30, 2022
ASTRONICS was selected to design, develop, and build the Lilium Jet’s secondary power distribution units (SPDUs) and charging power distribution…
article

BOEING

Jun 30, 2022
BOEING released its 2022 Sustainability Report, which defines its sustainability goals and identifies key metrics to transparently measure progress…
article

COLLINS AEROSPACE

Jun 30, 2022
COLLINS AEROSPACE has Mammoth Freighters contract to supply main deck cargo handling system for 777 freighter conversions.
article

AKZONOBEL

Jun 30, 2022
Gregoire Poux-Guillaume to Chief Executive Officer of AkzoNobel, The Netherlands.
article

PRATT & WHITNEY AND EMBRAER

Jun 30, 2022
PRATT & WHITNEY and EMBRAER successfully flew GTF-powered E195-E2 with one engine running on 100% SAF.
article

GUILL TOOL

Jun 30, 2022
GUILL TOOL, RI began production of an internal spline tool (made of anodized carbon steel) for machining aerospace components.

Aerospace/Business Aviation

article

RAISBECK ENGINEERING

Jun 30, 2022
Don Graves to Chief Financial Officer of Raisbeck Engineering, Seattle.

Defense

article

PRIMUS AEROSPACE

Jun 28, 2022
PRIMUS AEROSPACE acquired RALOID, MD, which machines critical components for several strategic defense programs.

Defense/Business Aviation

article

TEXTRON AVIATION

Jun 30, 2022
TEXTRON AVIATION delivered special mission Cessna Citation Longitude to JAPAN CIVIL AVIATION BUREAU for flight validation and flight inspection…

Business Aviation

article

METROJET ENGINEERING CLARK

Jun 27, 2022
METROJET ENGINEERING CLARK renewed its FAA certification to maintain Gulfstreams, Globals and Challengers.
article

COMPLETE AIRCRAFT GROUP

Jun 28, 2022
COMPLETE AIRCRAFT GROUP (CAG) completed acquisition of AEROCARE AVIATION SERVICES, UK (interiors/paint).
article

HARTZELL

Jun 28, 2022
HARTZELL has FAA STC to retrofit Diamond DA40 NG with 74"-diameter, 3-bladed lightweight Polaris composite props.
article

GULFSTREAM AEROSPACE

Jun 28, 2022
GULFSTREAM AEROSPACE completed first flight of Pearl 700-powered, 19-pax G800 with 8,000 nm at Mach 0.85.

Business Aviation/MRO

article

BOMBARDIER

Jun 30, 2022
BOMBARDIER inaugurated expanded 290,000 sq ft Singapore Service Center to support >2,000 business jet visits annually; expansion includes full…

MRO

article

EMBRAER

Jun 27, 2022
EMBRAER received firm contract for 10 E-Jet freighter conversions from an undisclosed customer starting in 2024.
article

8TREE

Jun 27, 2022
8TREE was selected by HAECO to provide its dentCHECK scanner tool.
article

TRIUMPH

Jun 28, 2022
TRIUMPH has 2-year STARLUX Airlines contract to perform A350 wheel/brake maintenance out of Chonburi, Thailand.
article

WINAIR

Jun 30, 2022
WINAIR was selected by Riverside Aircraft Maintenance its WinAir Version 7 software to track and manage its maintenance activities and maintain…
article

STS AVIATION SERVICES

Jun 30, 2022
Ian Bartholomew to Managing Director-UK Operations of STS Aviation Services.
article

BERRY AVIATION

Jun 30, 2022
Matt Caruso to Vice President of Business Development of Berry Aviation, San Marcos, TX.

WHO'SNEWS

article

WHO'SNEWS: TUS AIRWAYS

Jun 27, 2022
Ahmed Aly to Chief Executive Officer of TUS Airways, Cyprus.
article

WHO'SNEWS: AVIATION

Jun 27, 2022
Michael Dela Cruz to Head of Technical of Avation, Singapore.
article

WHO'SNEWS: BEAUTECH POWER SYSTEMS

Jun 27, 2022
Dr. Philip Hix-Coquet to Vice President-Legal Affairs of BeauTech Power Systems, Dallas.
article

WHO'SNEWS: : GE AVIATION

Jun 28, 2022
H. Lawrence (Larry) Culp, Jr., Chairman and CEO of GE, was also named Chief Executive Officer of GE Aviation.
article

WHO'SNEWS: : GE AVIATION

Jun 28, 2022
John Slattery to Executive Vice President and Chief Commercial Officer of GE Aviation.
article

WHO'SNEWS: GE AVIATION

Jun 28, 2022
Russell Stokes, SVP of GE, was also named President and CEO-Commercial Engines and Services of GE Aviation.
article

WHO'SNEWS: GE AVIATION

Jun 28, 2022
Rahul Ghai to Chief Financial Officer of GE Aviation.
article

WHO'SNEWS: AJW AVIATION

Jun 28, 2022
Rachael Caston to Chief Executive Officer of AJW Aviation, UK (effective September 1).
article

WHO'SNEWS: SKYTRAC SYSTEMS

Jun 28, 2022
Angela Martens to Vice President of Finance and Administration of SKYTRAC Systems, Canada.
article

WHO'SNEWS: GREATER BAY AIRLINES

Jun 28, 2022
Stanley Hui Hon Chung to Chief Executive Officer of Greater Bay Airlines, Hong Kong.
article

WHO'SNEWS: ASA

Jun 28, 2022
Nin George, of GlobalParts, assumed Chair of the Quality Committee Leadership Board of the ASA; Jared Knights, of AvAir, to Vice Chair.
article

WHO'SNEWS: PORTSTORONTO

Jun 28, 2022
Roelof-Jan (RJ) Steenstra to President & CEO of PortsToronto (owns Billy Bishop Toronto City Airport), Canada.
article

WHO'SNEWS: ABX AIR

Jun 30, 2022
Patrick Fluegeman to Chief Operating Officer of ABX Air (ATSG), Wilmington, OH.
article

WHO'SNEWS: MITSUI SEIKI KOGYO

Jun 30, 2022
Hiroyuki (Roy) Kawakami to President of Mitsui Seiki Kogyo, Franklin Lakes, NJ.