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Aerospace

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BOEING

Aug 02, 2022
BOEING is opening a research and technology center in Japan to focus on sustainable aviation fuels (SAF), electric/hydrogen propulsion, robotics,…
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TCOM HOLDINGS

Aug 02, 2022
TCOM HOLDINGS acquired AEROSTAR INTERNATIONAL, SD (radar/sensor systems) from Raven Industries.
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THE GILL CORPORATION

Aug 02, 2022
THE GILL CORPORATION announced new Gillcore HF fiberglass honeycomb core produced with a substrate consisting of woven fiberglass cloth reinforced…
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SPIRIT AEROSYSTEMS

Aug 03, 2022
SPIRIT AEROSYSTEMS had $122m net loss on $1.2b revenues in 2Q22 vs $135m on $1b in 2Q21 and ended quarter with $34b backlog; overall deliveries…
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TRIUMPH

Aug 03, 2022
TRIUMPH had $10.3m net loss on $349m sales for first quarter ended June 30 vs $30.4m loss on $397m a year ago; excluding divestitures and exited…
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ROLLS-ROYCE

Aug 03, 2022
ROLLS-ROYCE received approval from Spanish government for sale of ITP AERO to a consortium of investors led by BAIN CAPITAL PRIVATE EQUITY; €1.8b…
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AMERICAN AIRLINES

Aug 03, 2022
AMERICAN AIRLINES is investing in ZEROAVIA for its hydrogen-electric powertrain development program; deal includes MOU to order up to 100 engines for…
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PROTOTEK HOLDINGS

Aug 04, 2022
PROTOTEK HOLDINGS acquired PROTOTYPE SOLUTIONS GROUP (PSG), WI, which provides quick-turn prototyping in CNC, additive and cast manufacturing.
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TRM EQUITY II

Aug 04, 2022
TRM EQUITY II acquired WELLMAN DYNAMICS, IA (large scale, complex magnesium and aluminum castings).
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ROLLS-ROYCE CIVIL AEROSPACE

Aug 04, 2022
ROLLS-ROYCE CIVIL AEROSPACE earned £256m on £2.3b revenues in 1H22 vs £380m on £2.2b in 1H21; it delivered 149 engines vs 148 a year ago and says its…
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EMBRAER

Aug 04, 2022
EMBRAER had $74.2m net income on $1b revenues in 2Q22 vs $87.9m net income on $1.1b in 2Q21 and ended quarter with $17.8b backlog (up 12% vs a year…
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AGILITY

Aug 04, 2022
AGILITY acquired UK-based MENZIES AVIATION (aviation services) for £763m and will combine company with NATIONAL AVIATION SERVICES.
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DUCOMMUN

Aug 04, 2022
DUCOMMUN had $4.1m net income on $174.2m revenues in 2Q22 and ended quarter with record $976m backlog.
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VELO3D

Aug 04, 2022
VELO3D has Starhagen order for additive manufacturing technology solution, including Sapphire printer calibrated to print in Inconel 625.
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HOWMET AEROSPACE

Aug 04, 2022
HOWMET AEROSPACE had $147m net income on $1.4b sales in 2Q22 vs $74m on $1.2b in 2Q21.

Air Transport

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SIA GROUP

Aug 02, 2022
SIA GROUP had S$370.4m net income on S$3.9b revenues for first quarter ended June 30; it had S$556m operating profit, which was the second highest…
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TRANSAT

Aug 02, 2022
TRANSAT secured $100m in additional liquidity from Canada Enterprise Emergency Funding Corporation.
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AIR FRANCE-KLM

Aug 02, 2022
AIR FRANCE-KLM had €324m net income on €6.7b revenues in 2Q22; it says it expects 3Q22 capacity to be 80-85% of 3Q19 and 4Q22 capacity to be 85-90%…
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IAG

Aug 02, 2022
IAG had €133m net income on €5.9b revenues in 2Q22; capacity was 78% of 2Q19. It has €13.5b of total liquidity.
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PIEDMONT AIRLINES

Aug 02, 2022
PIEDMONT AIRLINES is acquiring 15 ERJ 145s from Envoy Air; deliveries are to start in late summer.
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AIR CANADA

Aug 02, 2022
AIR CANADA had C$386m net loss on C$3.98b revenues in 2Q22; capacity was 73% of 2Q19. It has $10.5b of liquidity.
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AIR CANADA

Aug 02, 2022
AIR CANADA ordered two 777Fs for delivery in 2024. It introduced a 767F to its fleet in Dec 2021 and added a second in April 2022; in 2Q22, it took…
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SHELL

Aug 02, 2022
SHELL has non-binding MOU with Lufthansa Group to supply sustainable aviation fuel (SAF) at seven airports from 2024.
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AMERGIN

Aug 02, 2022
AMERGIN, FL was formed to invest in rail and aviation leasing assets; it secured initial equity investment from Owl Rock.
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SKYWEST

Aug 02, 2022
SKYWEST had $54m net income on $799m revenues in 2Q22; it took delivery of eight E175s for Alaska (6) and Delta (2) under previously announced deals…
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CONTRAIL AVIATION SUPPORT

Aug 02, 2022
CONTRAIL AVIATION SUPPORT, WI reports over past 12 months it has acquired CFM56-powered A318s, V2500-powered A320s, 10 CFM56-5Bs and additional V2500…
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ANADOLU JET

Aug 02, 2022
ANADOLU JET (Turkish Airlines) took delivery of seventh/final 737-8 (44656) on lease from BOC Aviation.
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FLYR

Aug 02, 2022
FLYR, Norway took delivery of new 737-8 (65185) on lease from Air Lease Corporation.
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ARUBA AIRLINES

Aug 02, 2022
ARUBA AIRLINES leased ex-Turkish Airlines A321-200 (2916) with V2500s from DAE Capital.
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AVION EXPRESS MALTA

Aug 02, 2022
AVION EXPRESS MALTA leased ex-Wizz Air A320-200 (4308) with V2500s from BBAM.
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HORIZON AIRCRAFT

Aug 02, 2022
HORIZON AIRCRAFT, Toronto completed construction of 50%-scale Cavorite X5 eVTOL prototype for testing.
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JETBLUE

Aug 02, 2022
JETBLUE had $188m net loss on $2.45b revenues in 2Q22 and announced acceleration of its E190 retirement schedule by over one year to mid-2025, to be…
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NAV CANADA

Aug 02, 2022
NAV CANADA updated timeline for ADS-B Out Performance Manadate for Class A (August 10, 2023) and Class B (May 16, 2024) Canadian airspace.
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SMARTLYNX AIRLINES

Aug 02, 2022
SMARTLYNX AIRLINES leased ex-Gulf Air A321-200 (5025) with V2500s from CDB Aviation.
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ALASKA AIRLINES

Aug 03, 2022
ALASKA AIRLINES finalized agreement with Gevo to purchase 185m gallons of SAF over five years starting in 2026.
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TURKISH AIRLINES

Aug 03, 2022
TURKISH AIRLINES signed long-term lease extension on two Trent-powered A330-300s with Amedeo.
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ETIHAD AIRWAYS

Aug 03, 2022
ETIHAD AIRWAYS finalized previously announced order for seven A350Fs (SPNWS; February 18).
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BRITISH AIRLINES

Aug 03, 2022
BRITISH AIRLINES suspended sales on short-haul flights from Heathrow to Aug 15 in response to airport's cap on pax.
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CORENDON AIRLINES

Aug 03, 2022
CORENDON AIRLINES took delivery of 737-8 (65186) on lease from Air Lease Corporation (SPNWS; February 25).
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QANOT SHARQ AIRLINES

Aug 03, 2022
QANOT SHARQ AIRLINES, Uzbekistan agreed to lease two A321neos from Air Lease Corporation for delivery in 4Q22.
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ICELEASE

Aug 03, 2022
ICELEASE purchased A321-200 (2480; leased to GLOBAL CROSSING AIRLINES) from Magnetic Leasing; aircraft is to be converted to freighter by PRECISION…
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SUPER AIR JET

Aug 03, 2022
SUPER AIR JET, Indonesia leased ex-IndiGo A320-200 (5473) with V2500s from Jackson Square Aviation.
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US DOT

Aug 03, 2022
US DOT reports fuel cost for US airlines was $4.04/gallon in June vs $2.01 in June 2019 (consumption fell 11.1%).
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QATAR AIRWAYS

Aug 03, 2022
QATAR AIRWAYS had its entire remaining order for 19 A350-1000s dropped by Airbus in response to dispute over alleged A350 surface degradation,…
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ATLAS AIR WORLDWIDE

Aug 04, 2022
ATLAS AIR WORLDWIDE entered into agreement to be acquired by investor group led by funds managed by affiliates of APOLLO together with investment…
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IATA

Aug 04, 2022
IATA reports year-over-year global pax traffic was up 76.2% in June on 48.5% higher capacity; cargo fell 6.4%. It says globally, traffic is now at 70…
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CANADA JETLINES

Aug 04, 2022
CANADA JETLINES pushed back startup of (domestic) flights out of Toronto from August 15 to August 29.
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ALLEGIANT TRAVEL

Aug 04, 2022
ALLEGIANT TRAVEL had $4.4m net income on record $630m revenues in 2Q22 vs $70.5m on $492m in 2Q19.
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COPA

Aug 04, 2022
COPA had $124.4m net income on record $693m revenues in 2Q22 vs $50.9m on $645m in 2Q19; it has $1.1b in cash.
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AIR PREMIA

Aug 04, 2022
AIR PREMIA, South Korea agreed to lease two ex-Norwegian 787-9s (63315/63315) from UKEF; Aergo Capital arranged.
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DAE

Aug 04, 2022
DAE earned $140.1m on $583m revenues in 1H22 vs $49m on $613m in 1H21. It says DAE Engineering recorded its highest half year revenues in history and…
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COBHAM AVIATION SERVICES

Aug 04, 2022
COBHAM AVIATION SERVICES, Australia leased ex-Mandarin Airlines E190 (099) from TrueNoord for six years.
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SCAT AIRLINES

Aug 04, 2022
SCAT AIRLINES, Kazakhstan leased new 737-8 (43332) from Air Lease Corporation.
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FLYSAFAIR

Aug 04, 2022
FLYSAFAIR leased ex-Ryanair 737-800 (35042) from Aero Capital Solutions.
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BLUEBIRD CARGO

Aug 04, 2022
BLUEBIRD CARGO leased 737-800BCF (29782; ex-Turkish Airlines) from AviaAM Leasing.
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SALAMAIR

Aug 04, 2022
SALAMAIR, Oman leased ex-Avianca A321neo (7770) with LEAP-1As from SMBC Aviation Capital.
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BONZA AIRLINE

Aug 04, 2022
BONZA AIRLINE, Australia took delivery of its first new 737-8 (62533) on lease from SMBC Aviation Capital for startup.
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LUFTHANSA GROUP

Aug 04, 2022
LUFTHANSA GROUP had €259m net profit on €8.5b revenues in 2Q22 vs €226m on €9.6b in 2Q19 and says it sees continuing boom in demand for tickets. It…
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MY INDO AIRLINES

Aug 04, 2022
MY INDO AIRLINES, Indonesia leased ex-Ikar 737-800 (32691) from AerCap.

Business Aviation

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DASSAULT AVIATION

Aug 02, 2022
DASSAULT AVIATION received EASA certification for its FalconEye dual HUD for Falcon 8X; it will also certify on 6X.
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MARSH BROTHERS AVIATION

Aug 02, 2022
MARSH BROTHERS AVIATION, Canada developed new flap roller upgrade kit for King Air using its proprietary thermoplastic polymer bearing AeroTough GF …
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JETMS COMPLETIONS

Aug 02, 2022
JETMS COMPLETIONS (Avia Solutions Group) has FAA approval for seat maintenance/repairs for Phenom 300.
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JETNET

Aug 02, 2022
JETNET secured a majority growth investment led by Silversmith Capital Partners, Boston to expand its product footprint, invest in sales and…
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ELLIOTT AVIATION

Aug 02, 2022
ELLIOTT AVIATION acquired FOUR POINTS AERO at Dallas Love Field, its fifth business jet MRO location in the US.
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BOMBARDIER

Aug 04, 2022
BOMBARDIER had $129m net loss on $1.6b revenues in 2Q22 vs $139m net income on $1.5b in 2Q21 and ended quarter with $14.7b backlog, up 37% vs a year…
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ELLIOTT AVIATION

Aug 04, 2022
ELLIOTT AVIATION, IL completed installation of HomeSafe emergency autoland systems on 29 TBM 940s for sale in US.

Defense

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LEIDOS

Aug 02, 2022
LEIDOS, VA agreed to acquire Cobham Aviation Services Australia's Special Mission business, which provides airborne border surveillance and search…
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BRISTOW

Aug 03, 2022
BRISTOW acquired BRITISH INTERNATIONAL HELICOPTER SERVICES, which currently operates a fleet of two SAR-configured AW189s, three S61s, and one AS365,…
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LOCKHEED MARTIN

Aug 03, 2022
LOCKHEED MARTIN doubled its venture capital fund from $200m to $400m to continue to accelerate future defense innovation through investment in start…
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BOEING

Aug 04, 2022
BOEING has contract to provide tip to tail PBL support, including line/heavy maintenance, supply chain, engineering, publications revisions, and…

MRO

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AFI KLM E&M

Aug 02, 2022
AFI KLM E&M earned €57m in 2Q22 (vs €4m loss in 2Q21) on 34.1% higher revenues; third party revenues rose 35.1%.
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IBERIA MAINTENANCE

Aug 03, 2022
IBERIA MAINTENANCE reports it completed required heavy checks and return to service of 38 Airbus aircraft over last 10 months on behalf of its…
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HAECO ITM

Aug 04, 2022
HAECO ITM has Silk Way West contract to provide inventory technical management support for 747-8Fs through 2029.
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LUFTHANSA TECHNIK

Aug 04, 2022
LUFTHANSA TECHNIK earned €112m on €1.3b revenues in 2Q22 vs €85m on €888m in 2Q21.

WHO'SNEWS

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WHO'SNEWS: MOTION INDUSTRIES

Aug 02, 2022
Lisa Solomon to Senior Vice President-Corporate Accounts of Motion Industries, Birmingham, AL.
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WHO'SNEWS: SVPGLOBAL

Aug 02, 2022
John Morabito to Managing Director-Aviation Investing Activities of SVPGlobal, CT.
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WHO'SNEWS: SVPGLOBAL

Aug 02, 2022
Ben Pughe-Morgan and Matthew Eddy joined SVPGlobal as members of the investment team and operating partners focused on aviation.
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WHO'SNEWS: MAAS AVIATION

Aug 02, 2022
Malachy McEnroe to Chief Financial Officer of MAAS Aviation, Dublin/Maastricht.
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WHO'SNEWS: AEROCONSUMMATE ADVISORS

Aug 02, 2022
Chris Pratt to Principal Advisor-Marketing, Analytics and Branding of AeroConsummate Advisors, Dallas.
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WHO'SNEWS: GA TELESIS

Aug 02, 2022
Rainford Knight, PhD to Chief Digital Transformation Officer (CDxO) of GA Telesis, FL.
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WHO'SNEWS: AMERGIN ASSET MANAGEMENT

Aug 02, 2022
Mark McGreenery to Chief Executive Officer of Amergin Asset Management, Boca Raton, FL.
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WHO'SNEWS: CONTRAIL AVIATION SUPPORT

Aug 02, 2022
Ger Browne to Senior Vice President-Marketing and Origination of Contrail Aviation Support, Verona, WI.
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WHO'SNEWS: AV AIRFINANCE

Aug 02, 2022
Stephen Murphy to Chief Executive Officer of AV Airfinance, Dublin.
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WHO'SNEWS: BAMBOO AIRWAYS

Aug 02, 2022
Nguyen Manh Quan to Chief Executive Officer of Bamboo Airways, Vietnam.
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WHO'SNEWS: AIRCRAFT COMPONENT REPAIR (ACR)

Aug 02, 2022
Janine Barrett to Director of Sales of Aircraft Component Repair (ACR), Santa Clarita, CA.