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Air Transport

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IAG

Oct 28, 2022
IAG had €199m net income on €16.7b revenues in 3Q22 vs €1.8b on €19.4b in pre-pandemic 3Q19; it has €13.5b liquidity.
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AIR FRANCE-KLM GROUP

Oct 28, 2022
AIR FRANCE-KLM GROUP had €460m net income on €8.1b revenues in 3Q22 vs €361m on €7.6b in 3Q21; it has €12.3b in liquidity and 530 aircraft in fleet…
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NORSE ATLANTIC

Oct 28, 2022
NORSE ATLANTIC took delivery of sixth ex-Norwegian 787-9 (63320) on lease from BOC Aviation under deal for six.
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MAERSK AIR CARGO

Oct 28, 2022
MAERSK AIR CARGO leased 767-300BDSF (24984; ex-Delta) from Cargo Aircraft Management.
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HEVILIFT AUSTRALIA

Oct 28, 2022
HEVILIFT AUSTRALIA leased ex-TAME ATR 42-500 (844) in transaction arranged by Cloud Global, UK.
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AIR CANADA

Oct 28, 2022
AIR CANADA had C$508m net loss on C$5.3b revenues in 3Q22 vs C$636m income on C$5.5b in pre-pandemic 3Q19, and ended quarter with C$10.2b in total…
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AEROITALIA

Nov 02, 2022
AEROITALIA agreed to lease three new 737-8s from Air Lease Corporation for delivery 2023-2024.
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STARLUX AIRLINES

Nov 02, 2022
STARLUX AIRLINES, Taiwan took delivery of its first A350-900 (480) from Airbus; it has ordered 17.
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SMBC AERO ENGINE LEASE

Nov 02, 2022
SMBC AERO ENGINE LEASE concluded purchase/leaseback deal with Cebu Pacific Air for four PW1133GA-JMs.
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BOC AVIATION

Nov 02, 2022
BOC AVIATION, Singapore signed 5-year US$500m unsecured term loan facility to repay a maturing term loan facility.
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AEROFLOT

Nov 02, 2022
AEROFLOT plans November 12 to begin Moscow Sheremetyevo-Cairo (737-800).
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AIR MADAGASCAR

Nov 02, 2022
AIR MADAGASCAR is expected to announce plans to acquire E2-Jets and a single 787 for growth/replacement.
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ANA HOLDINGS

Nov 02, 2022
ANA HOLDINGS had ¥19.5b net profit for six months ended Sept 30 (vs ¥99b loss in 2021) on 83% higher revenues. It upgraded is projections for fiscal…
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GREATER BAY AIRLINES

Nov 02, 2022
GREATER BAY AIRLINES plans December 1 to begin Hong Kong-Taipei (737-800).
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SKYWEST AIRLINES

Nov 02, 2022
SKYWEST AIRLINES had $48.4m net income on $789m revenues in 3Q22 vs $91.3m on $760m in pre-pandemic 3Q19.
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ACI EUROPE

Nov 02, 2022
ACI EUROPE reports pax traffic in Europe in 3Q22 reached 88% of pre-pandemic 3Q19 levels, an improvement over 83% in 2Q22 and 61% in 1Q22; however,…
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FLAIR AIRLINES

Nov 02, 2022
FLAIR AIRLINES took delivery of new 737-8 (44302) on lease from ACG; aircraft was originally due for Air Europa.
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AERRO DIREKT

Nov 02, 2022
AERRO DIREKT, Romania leased ex-TACA A320-200 (3418) from FTAI; a second (3618; ex-IndiGo) is expected.
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STERLING AIRWAYS

Nov 02, 2022
STERLING AIRWAYS, FL has acquired a second ex-PenAir Saab 2000 (046). It also has two ERJ 145s.
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AB AIRLINES

Nov 02, 2022
AB AIRLINES, Congo reportedly wet-leased 737-500 (25183) from Africa Charter Airline for startup.
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BRAVA AIRLINES

Nov 02, 2022
BRAVA AIRLINES plans December 2022 startup out of Porto Alegre, Brazil with EMB 120s (plans 10 aircraft by end 2023).
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CARGOJET

Nov 02, 2022
CARGOJET plans to add five 757-200Fs and five 767Fs to fleet through 2025 and eight 777Fs in 2023-2026; it plans to be operating 40 aircraft at end…
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JAPAN AIRLINES

Nov 02, 2022
JAPAN AIRLINES had ¥17b net loss for six months ended Sept 30 (vs ¥101b loss in 2021) on 113% higher revenues.
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SAS

Nov 02, 2022
SAS reached agreements with two additional lessors (seven aircraft) to amend leases, and now has deals with 12 lessors (43 aircraft) as part of…
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AIR INDIA

Nov 02, 2022
AIR INDIA (Tata Group) acquired AirAsia's remaining stake in AIRASIA INDIA, which holds 5.7% market share in India.
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BRITISH AIRWAYS, LANZAJET and NOVA PANGAEA TECHNOLOGIES

Nov 02, 2022
BRITISH AIRWAYS, LANZAJET and NOVA PANGAEA TECHNOLOGIES agreed to accelerate Project Speedbird, an initiative created by the companies in 2021 to…
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iAERO AIRWAYS

Nov 02, 2022
iAERO AIRWAYS (previously Swift Air), FL agreed to lease 737-800BCF (30878; ex-TUIfly) from Aero Capital Solutions.
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AIR CHARTER EXPRESS

Nov 02, 2022
AIR CHARTER EXPRESS (Freight Runners Express) acquired ex-Eastern Saab 2000 (032) from Jetstream Aviation Capital.
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QATAR AIRWAYS CARGO

Nov 02, 2022
QATAR AIRWAYS CARGO began twice-weekly Doha-Riyadh, Saudi Arabia (777F).
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CANADA JETLINES

Nov 02, 2022
CANADA JETLINES was approved by US DOT to serve US markets, pending FAA approval, expected by end 2022.
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CENTRAL AIRLINES

Nov 02, 2022
CENTRAL AIRLINES, China agreed to lease 737-800BCF (36545; ex-Air China) from SMBC Aviation Capital.
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DHL EXPRESS

Nov 02, 2022
DHL EXPRESS took delivery of second 777F (67141) for operation by SINGAPORE AIRLINES under CM agreement for five aircraft serving routes between…
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SUN COUNTRY AIRLINES

Nov 02, 2022
SUN COUNTRY AIRLINES had $10.7m net income on $222m revenues in 3Q22 vs $13.4m on $173.7m in 3Q21.
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WILLIS LEASE FINANCE CORP

Nov 02, 2022
WILLIS LEASE FINANCE CORP, CA had $5.5m net income on $77m revenues in 3Q22 vs $2m on $71m in 3Q21, and ended quarter with 337 engines (vs 313 in…
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WIZZ AIR

Nov 02, 2022
WIZZ AIR had €384.3m net loss on €2.2b revenues for six months ended Sept 30 vs €371.5m profit on €1.7b in pre-pandemic 2019. It took delivery of 21…
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PLAY

Nov 02, 2022
PLAY agreed to lease four LEAP-powered A320neos from AerCap for delivery through 2Q23; first (11064) was delivered.
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SMARTKARGO

Nov 02, 2022
SMARTKARGO was selected by WestJet to provide cargo management solution for paperless shipment documentation, easy booking, and tracking.
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BREEZE AIRWAYS

Nov 02, 2022
BREEZE AIRWAYS began New York (Westchester County)-Los Angeles/Sarasota, FL (A220-300/E195).
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US DOT

Nov 02, 2022
US DOT reports fuel cost for US airlines was $3.49/gallon in September vs $1.96 in Sep 2019 (consumption fell 5.4%).
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AZORRA AVIATION

Nov 02, 2022
AZORRA AVIATION, FL closed PDP financing facility through Natixis CIB for initial A220 deliveries from 22-aircraft order.
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HIGH RIDGE AVIATION

Nov 02, 2022
HIGH RIDGE AVIATION, Ireland is being formed by former GECAS/PK Airfinance/DVB Bank executives, backed by PIMCO, to source/lease mid-life commercial…
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DAE

Nov 03, 2022
DAE earned $203.6m on $854m revenues in Jan-S3pt 2022 vs $90.5m on $925m a year ago; it has $2.8b liquidity.
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AERCAP

Nov 03, 2022
AERCAP had $440m net income on $1.7b revenues in 3Q22 vs $434m on $1.5b in 3Q21; it ended quarter with owned/managed/committed portfolio of 3,571…
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AIR ARABIA

Nov 03, 2022
AIR ARABIA leased ex-Interjet A321-200 (7903) with CFM56s from Wings Capital Partners.
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TURKISH AIRLINES

Nov 03, 2022
TURKISH AIRLINES took delivery of A321neo (10756) on lease from AerCap for ANADOLU JET.
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KOREAN AIR

Nov 03, 2022
KOREAN AIR plans to take delivery of 90 new aircraft by 2028: 10 787-9s, 20 787-10s, 30 737-8s and 30 A321neo ACFs.

Aerospace

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AIRBUS

Oct 28, 2022
AIRBUS says A320 production is progressing toward monthly rate of 65 in early 2024 and 75 in 2025 (majority A321s); for widebodies, it is exploring,…
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BOEING

Oct 28, 2022
BOEING forecasts (2022 CMO) demand in China for 8,485 aircraft (205 freighters) worth €1.5 trillion over next 20 years to satisfy 4.9% annual traffic…
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AIRBUS

Oct 28, 2022
AIRBUS had €667m net income on €13.3b revenues in 3Q22 vs €404m on €10.5b in 3Q21; Commercial Aircraft earned €763m (vs €502m) on 34% higher revenues…
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HOWMET AEROSPACE

Nov 02, 2022
HOWMET AEROSPACE had $80m net income on $1.4b sales in 3Q22 vs $27m on $1.3b in 3Q21; it has $454m cash.
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MECAER AVIATION GROUP

Nov 02, 2022
MECAER AVIATION GROUP was selected by Archer Aviation to supply the landing gear for its eVTOL aircraft.
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EHANG, CHINA AND HAECO

Nov 02, 2022
EHANG, China and HAECO signed MOU to cooperate in multiple areas, such as manufacturing/assembly, continued airworthiness, digital platforms,…
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EATON AEROSPACE

Nov 02, 2022
EATON AEROSPACE earned $185m on $768m sales in 3Q22 vs $164m on $745m in 3Q21; operating margins were 24%.
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TRIUMPH

Nov 02, 2022
TRIUMPH has 2-year order from a major engine Original Equipment Manufacturer (OEM) to supply 400 Auto Feather Units (AFU) for ATR 72s that provide…
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SAFRAN

Nov 02, 2022
SAFRAN reports y-o-y sales increase of 29.9% to €4.85b in 3Q22. Propulsion increased 25.9% driven by strong civil aftermarket; Equipment & Defense…
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ADSE and FOKKER SERVICES GROUP

Nov 02, 2022
ADSE and FOKKER SERVICES GROUP formed partnership to focus on product and business development, project execution, sharing engineering capabilities,…
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PCX AEROSTRUCTURES

Nov 02, 2022
PCX AEROSTRUCTURES acquired Timken's Aerospace Drive Systems business (rotorcraft drive system components and subassemblies).
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BAE SYSTEMS

Nov 02, 2022
BAE SYSTEMS opened 278,000 sq ft engineering/manufacturing facility in Cedar Rapids, IA as home to its Navigation and Sensor Systems (NSS) business…
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BOOM

Nov 02, 2022
BOOM introduced Watershed Supply Chain project to make clear/informed decisions to action comprehensive decarbonization in lockstep with suppliers to…
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ATI

Nov 02, 2022
ATI, TX had $61.1m net income on $1b revenues in 3Q22 vs $48.7m on $726m in 3Q21; High Performance Materials & Components (HPMC) continued its upward…
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EVIATION

Nov 02, 2022
EVIATION announced orderbook for its 9-seat, all-electric Alice regional aircraft surpassed $2b in value; no other details.
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BOEING

Nov 02, 2022
BOEING says it plans in 2023 to deliver 400-450 737s and 70-80 787s and projects by 2025 or 2026 it will deliver around 800 commercial aircraft with…
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BOEING

Nov 02, 2022
BOEING says it now expects certification of the 737-10 to be delayed until late 2023/early 2024 (-7 cert due in 1H23).
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GE AEROSPACE

Nov 02, 2022
GE AEROSPACE this week celebrated 30th anniversary of entry into regional airline service of CF34 with Lufthansa CityLine CRJ200; engine family (-3, …
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SPIRIT AEROSYSTEMS

Nov 03, 2022
SPIRIT AEROSYSTEMS had $128m net loss on $1.3b revenues in 3Q22 vs $114m loss on $980m in 3Q21 and ended quarter with $671m in cash and approximately…

MRO

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MRO JAPAN

Oct 28, 2022
MRO JAPAN has contract from Taiwan's STARLUX Airlines to provide A321 line maintenance at Naha Airport.
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LUFTHANSA TECHNIK

Oct 28, 2022
LUFTHANSA TECHNIK earned €184m on €1.4b sales in 3Q22 vs €22m on €1b in 3Q21; third-party sales rose 31%.
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AFI KLM E&M

Oct 28, 2022
AFI KLM E&M earned €46m on €826m revenues in 3Q22 vs €29m on €703m in 3Q21; third party revenues rose 32%.
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LUFTHANSA TECHNIK

Oct 28, 2022
LUFTHANSA TECHNIK converted an A320 into a Hydrogen Aviation Lab for testing maintenance/ground processes for hydrogen-powered aircraft.
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EMIRATES

Nov 02, 2022
EMIRATES began 2-year, 120-aircraft (67 A380s/53 777s) interior retrofit program with induction of first A380 (264); upgrade includes new premium…
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GAMECO

Nov 02, 2022
GAMECO completed first 767-300BCF (41746; ex-LATAM) at Guangzhou for DHL Express; second is now in process.
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AJW GROUP

Nov 02, 2022
AJW GROUP extended 737CL power-by-the-hour (PBH) support contract with Brazil's Modern Logistics.
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PORTER AIRLINES

Nov 02, 2022
PORTER AIRLINES is building 150,000 sq ft, 2-hangar complex at Ottawa International Airport to support its E2s and Dash 8-400s; the airport authority…
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VALLAIR

Nov 02, 2022
VALLAIR acquired two A320-200s (2372; ex-Air Busan/2393; ex-Red Wings) from ACG for part out at Montpellier, France.
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FEAM AERO

Nov 02, 2022
FEAM AERO broke ground on $40m, 150,000 sq ft, 3-bay widebody maintenance hangar at Cincinnati for 2023.
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SIA ENGINEERING GROUP

Nov 02, 2022
SIA ENGINEERING GROUP had S$19.7m net income on S$190.7m revenues in second quarter ended September 30 vs S$10.5m on S$138.2m a year ago; it…
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WENCOR

Nov 02, 2022
WENCOR reports Absolute Aviation, Accessory Technologies, Aerospace Coatings Intl., Fortner Engineering, PHS Aviation, Silver Wings Aerospace, and…
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ATITECH

Nov 02, 2022
ATITECH took over Alitalia E&M's certifications for line maintenance, base maintenance and shops; addition includes five hangars/20 lines in Naples,…
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FARSOUND

Nov 03, 2022
FARSOUND, UK plans by end of 2022 to open new engine component warehouse in Madrid to support Iberia.
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BGS

Nov 03, 2022
BGS has SkyUp contract to provide 737 ground handling at Vilnius.

Defense

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LEIDOS

Nov 02, 2022
LEIDOS, VA completed acquisition of Cobham Aviation Services Australia's Special Mission business, which provides airborne border surveillance and…
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IBC ADVANCED ALLOYS

Nov 02, 2022
IBC ADVANCED ALLOYS, IN has L3Harris Technologies contract to supply beryllium-aluminum (BeAl) alloy components out of Wilmington, MA for use in an…

Business Aviation

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BALDWIN SAFETY & COMPLIANCE

Nov 02, 2022
BALDWIN SAFETY & COMPLIANCE, SC has integrated its platform with ForeFlight Dispatch, allowing flight scheduling platforms client to conveniently…
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BOMBARIDER

Nov 03, 2022
BOMBARIDER had $27m net income in 3Q22 vs $377m loss in 3Q21 on flat revenues (aftermarket revenues rose 20%); it delivered 25 business jets vs 27 in…

MRO/Business Aviation

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BOMBARDIER

Nov 02, 2022
BOMBARDIER inaugurated 300,000 sq ft Miami-Opa Locka service center in Florida. It now has 10 service centers.

Who'sNews

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WHO'SNEWS: AVOLON

Nov 02, 2022
Doug Keatinge to Head of Communications of Avolon, Dublin.
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WHO'SNEWS: AVILEASE

Nov 02, 2022
James Corby to Head of Pricing & Portfolio of AviLease, UK.
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WHO'SNEWS: COMPONENT TRADING OF GENESIS

Nov 02, 2022
David Curran to Senior Vice President-Component Trading of Genesis, Ireland.
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WHO'SNEWS: HARBOUR AIR GROUP

Nov 02, 2022
Bert van der Stege to Chief Executive Officer of Harbour Air Group, Canada.
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WHO'SNEWS: AIRASIA X

Nov 02, 2022
Tony Fernandes stepped down from his senior leadership positions with AirAsia X.
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WHO'SNEWS: GOGO

Nov 02, 2022
Crystal Gordon to Executive Vice President, General Counsel and Secretary of Gogo, Broomfield, CO.
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WHO'SNEWS: NATA

Nov 02, 2022
Alan Stephens to Vice President of Regulatory Affairs of NATA, Washington, DC.
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WHO'SNEWS: AVIATION CAPITAL GROUP

Nov 02, 2022
Craig Segor to Executive Vice President and Chief Financial Officer of Aviation Capital Group, CA (effective December 30).
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WHO'SNEWS: ATI

Nov 03, 2022
Jimmy Williams, Jr. to Senior Vice President and Chief Technical Officer of ATI, Dallas.