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Air Transport

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GREATER BAY AIRLINES

Mar 03, 2023
GREATER BAY AIRLINES, Hong Kong ordered 15 737-9s and committed to five 787s in future (SPNWS; March 3).
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LUXAIR

Mar 03, 2023
LUXAIR, Luxembourg ordered two 737-8s (delivery TBA) and agreed to lease two others (lessor TBA) from mid-2023.
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RWANDAIR

Mar 03, 2023
RWANDAIR leased ex-Avianca A330-200 (1224) with Trent 700s from Merx Aviation.
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CASTLELAKE AVIATION

Mar 03, 2023
CASTLELAKE AVIATION, Minneapolis closed $635m incremental Term Loan B facility that matures in October 2027.
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AMSTERDAM SCHIPHOL

Mar 03, 2023
AMSTERDAM SCHIPHOL is planning to reduce annual flight capacity from 500,000 to 460,000 from Nov 2023; IATA and airlines plan legal challenge.
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JAPAN AIRLINES

Mar 03, 2023
JAPAN AIRLINES secured Transition-Linked Loans from Japan Bank for International Cooperation (JBIC) that specifies use of proceeds to promote initiatives toward
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CITYJET and AIR NOSTRUM

Mar 03, 2023
CITYJET and AIR NOSTRUM are being combined by owners Fortress and AIV respectively, which received EC approval.
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LUFTHANSA GROUP

Mar 03, 2023
LUFTHANSA GROUP had €307m net income on €8.9b revenues in 4Q22 vs €175m on €8.9b in pre-pandemic 4Q19; and €791m net income on €32.8b in 2022 vs €1.2b on €36.4b
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AIRBALTIC

Mar 03, 2023
AIRBALTIC lost €54.2m on €500.2m revenues in 2022 vs €9.1m net loss on €509m in 2019. It is planning IPO in 2024.
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BRUSSELS AIRLINES

Mar 03, 2023
BRUSSELS AIRLINES plans in 2023 to expand fleet by seven aircraft via acquisition of three new A320neos (two others due in 2024), lease of two A320s (lessor TBA
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STRATOS agreed to acquire MAGI AVIATION CAPITAL

Mar 07, 2023
STRATOS agreed to acquire MAGI AVIATION CAPITAL (independent aircraft finance specialist) in all-cash deal.
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HALO AIRFINANCE

Mar 07, 2023
HALO AIRFINANCE was formed by GA Telesis and Tokyo Century to provide asset-focused lending for aviation industry for new to mid-life aircraft.
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AIR FRANCE

Mar 07, 2023
AIR FRANCE agreed to lease three A350-900s from Air Lease Corporation for delivery in 2Q24.
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ITA AIRWAYS

Mar 07, 2023
ITA AIRWAYS agreed to sell five A320neos to Avolon for leaseback; first three delivered with remaining two due by end '23.
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AZUL

Mar 07, 2023
AZUL reached refinancing agreements with its aircraft lessors (representing >90% of its lease obligations) to reduce its lease payments.
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AIRBALTIC

Mar 07, 2023
AIRBALTIC agreed to wet-lease four A320s from Avion Express for service out of Riga (2), Vilnius and Tallin in summer 2023.
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US DOT

Mar 07, 2023
US DOT reports fuel cost for US airlines was $3.28/gallon in January vs $1.91 in Jan 2019; consumption was 0.7% less.
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AERO ASSET

Mar 07, 2023
AERO ASSET says there were 171 transactions for pre-owned twin-engined helicopters in 2022, down 4% vs 2021.
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CARGOJET

Mar 07, 2023
CARGOJET had C$190.6m net income on C$980m revenues in 2022 vs C$167.4m on C$758m in 2021; block hours rose 23%.
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CEBU PACIFIC

Mar 07, 2023
CEBU PACIFIC, The Philippines announced that it expects to reach pre-COVID capacity levels by end of March.
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IBC AIRWAYS

Mar 07, 2023
IBC AIRWAYS leased ex-Loganair Saab 340B (187) from Jetstream Aviation Capital.
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CENTRUM AIR

Mar 07, 2023
CENTRUM AIR, Uzbekistan wet-leased A320-200 (2118) with V2500s from GetJet Airlines.
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SKY CANA

Mar 07, 2023
SKY CANA, Dominican Republic is expected to wet-lease (ACMI) two A321P2Fs from SmartLynx.
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JFK

Mar 07, 2023
JFK handled 4.5m pax in January 2023, up 52.2% vs January 2022.
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NEWARK

Mar 07, 2023
NEWARK handled 3.6m pax in January 2023, up 45.9% vs January 2022.
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GOL

Mar 07, 2023
GOL, Brazil secured US$1.4b private investment from ABRA GROUP through senior secured notes to mature in 1Q28.
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AVATION

Mar 07, 2023
AVATION, Singapore had $8.3m net income on $46.3m revenues for six months ended December 31 vs $15.3m loss on $57.9m a year ago
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AZUL

Mar 07, 2023
AZUL had R$1.4b net loss on R$15.9b revenues in 2022 vs R$823.7m net income on R$11.4b revenues in pre-pandemic 2019.
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AZUL

Mar 07, 2023
AZUL plans to begin Belo Horizonte-Fort Lauderdale on June 23 and -Orlando on September 24 (A330-900).
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CAMEX AIRLINES

Mar 07, 2023
CAMEX AIRLINES agreed to lease 737-800BCF (33973; ex-Air Europa) from Icelease; aircraft was converted at Gatwick.
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AIR TRANSAT

Mar 07, 2023
AIR TRANSAT agreed to wet-lease an A330-300 from SmartLynx for Toronto-London Gatwick/-Rome in summer 2023.
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VMO AIRCRAFT LEASING

Mar 07, 2023
VMO AIRCRAFT LEASING, CA upsized its warehouse credit facility to $1.225b from $600m; Natixis CIB led the upsize.
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CANADIAN NORTH

Mar 07, 2023
CANADIAN NORTH leased IPR-converted ATR 72-500F (719; ex-Solenta Aviation) from ACIA Aero Leasing.
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CHINA AIRLINES

Mar 07, 2023
CHINA AIRLINES plans March 26 to restore daily Ontario, CA-Taipei, Taiwan (777-300ER).
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IATA

Mar 07, 2023
IATA reports commercial aviation industry suffered 39 total accidents (1.21 per million sectors) in 2022 vs 29 (1.13 per million sectors) in 2021; there were fi
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PASCAN AVIATION

Mar 07, 2023
PASCAN AVIATION, Canada leased ex-Colgan Air Saab 340B (194) from Jetstream Aviation Capital.
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NYXAIR

Mar 07, 2023
NYXAIR, Estonia leased converted Saab 2000F (037; ex-Eastern Airways) from Jetstream Aviation Capital.
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ATLANTIC AIRWAYS

Mar 07, 2023
ATLANTIC AIRWAYS, Faroe Islands leased ex-Air France A320-200 (5084) with CFM56s from Avolon.
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CARGOJET

Mar 07, 2023
CARGOJET is selling two ex-Etihad 777-300s it had purchased for freighter conversions and is deferring acquisition/conversion of two others to at least 2Q25. It
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SAS

Mar 07, 2023
SAS sold new LEAP-powered A320neo (11168) to Aviation Capital Group for leaseback as part of multi-aircraft deal.
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ANA HOLDINGS

Mar 07, 2023
ANA HOLDINGS agreed to acquire NIPPON CARGO AIRLINES (eight 747Fs) from NYK; deal is to close in October '23.
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LUXAIR

Mar 07, 2023
LUXAIR, Luxembourg ordered two 737-8s (delivery TBA) and agreed to lease two others (lessor TBA) from mid-2023.
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ALS

Mar 07, 2023
ALS, Kenya leased ex-Piedmont Dash 8-300 (279) from Abelo, Dublin.
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NORDIC AVIATION GROUP

Mar 07, 2023
NORDIC AVIATION GROUP was selected by TAP/Portugalia to operate two ATR 72-600s through 2024; it has seven ATRs.
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NORTHERN PACIFIC AIRWAYS

Mar 07, 2023
NORTHERN PACIFIC AIRWAYS announced June 4 as startup date (Ontario, CA-Las Vegas). It plans to offer scheduled flights between points in the US and to East Asia
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AERCAP

Mar 07, 2023
AERCAP announced secondary public offering of 18m shares by GE (price TBD); it is repurchasing portion for $500m.
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FLAIR

Mar 07, 2023
FLAIR plans in 4Q23 to begin Toronto-/Kitchener-Puerto Vallarta, Calgary-/Ottawa-Las Vegas/-Phoenix (737).
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US DEPT OF JUSTICE

Mar 08, 2023
US DEPT OF JUSTICE filed civil antitrust lawsuit to block the $3.8b acquisition of SPIRIT AIRLINES by JETBLUE over competition issues that it says would increas
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IATA

Mar 08, 2023
IATA reports year-over-year global pax traffic was up 37% in January on 35.5% higher capacity; cargo fell 14.9%. Globally, traffic is now at 84.2% of January 2
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GOL

Mar 08, 2023
GOL is now projecting y-o-y capacity increase of 15-20% in 2023 vs 20-25% previously forecast due to impacts on global supply chain, reducing aircraft deliverie
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PEGASUS AIRLINES

Mar 08, 2023
PEGASUS AIRLINES had €431m net income in 2022 on 41% higher revenues vs pre-pandemic 2019; y-o-y traffic rose 34%.
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CATHAY PACIFIC GROUP

Mar 08, 2023
CATHAY PACIFIC GROUP lost HK$6.5b on HK$51b revenues in 2022. Cathay Pacific/HK Express added about 3,000 pax flights in 4Q22 and by December was operating at a
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HISKY EUROPE

Mar 08, 2023
HISKY EUROPE, Romania leased new GTF-powered A321neo (10928) from Air Lease Corporation.
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AIR MOANA

Mar 08, 2023
AIR MOANA, French Polynesia leased ex-PNG Air ATR 72-600 from DAE Capital.
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JETBLUE

Mar 08, 2023
JETBLUE plans June 29 to begin daily JFK-Paris CDG (A321LR).
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JAPAN AIRLINES

Mar 08, 2023
JAPAN AIRLINES is expected to order at least 20 737 MAXs, comprising both 737-8s and 737-10s (deliveries TBA).
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JAPAN AIRLINES

Mar 08, 2023
JAPAN AIRLINES plans July 1 to begin daily Tokyo Haneda-Shanghai, China (787).
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AIR TRANSAT

Mar 08, 2023
AIR TRANSAT plans May 3 to begin three-times-weekly Montreal-Lyon, France (A321LR).
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BOC AVIATION

Mar 10, 2023
BOC AVIATION had $20m net income ($527m excluding the impact of the write-down of aircraft in Russia) on $2.3b revenues in 2022 vs $561m on $2.2b in 2021.
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GOL

Mar 10, 2023
GOL had R$231m net income on $4.7b revenues in 4Q22 vs R$2.8b loss on R$2.9b in 4Q21 (plans to announce year-end 2022 results on March 28).
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AIR CANADA

Mar 10, 2023
AIR CANADA leased ex-Singapore A330-300 (1447) with Trent 700s from Seraph Aviation (Aergo Capital).
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SATENA

Mar 10, 2023
SATENA, Colombia agreed to lease two ex-Olympic ATR 72-600s (1011/1016) from Nordic Aviation Capital.
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WILLIS LEASE FINANCE

Mar 10, 2023
WILLIS LEASE FINANCE had $2.1m net income on $312m revenues in 2022 vs $18k on $274m in 2021.
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CPaT GLOBAL

Mar 10, 2023
CPaT GLOBAL, Houston was selected by Spain's Cygnus Air to provide distance learning solutions for 757-200 Series initial/recurrent pilot training.
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US DOT

Mar 10, 2023
US DOT reports US airlines carried 74.9m pax (seasonally adjusted) in December, down 5.7% vs pre-pandemic Dec 2019.
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HAWAIIAN AIRLINES

Mar 10, 2023
HAWAIIAN AIRLINES says study shows it stimulated $10.2b in economic activity in Hawai‘i (11% of state’s GDP).
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AVELO AIRLINES

Mar 10, 2023
AVELO AIRLINES plans in 2Q23 to begin Greenville, SC-/Mobile, AL-Orlando and New Haven, CT-Greenville (737).

Aerospace

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AIR BP

Mar 03, 2023
AIR BP announced first sale to LATAM Cargo of International Sustainability and Carbon Certification (ISCC) EU SAF from its refinery in Castellon, Spain.
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COLLINS

Mar 03, 2023
COLLINS was selected under Clean Hydrogen Joint Undertaking to lead consortium, including NLR, Delft University of Technology, ATR, Novotech, and Unified Intern
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KERNEL GROUP and AIRO GROUP

Mar 07, 2023
KERNEL GROUP and AIRO GROUP agreed to merge and become publicly listed company on Nasdaq with four divisions.
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TRM EQUITY

Mar 07, 2023
TRM EQUITY has acquired substantially all of the assets of GAMMA AEROSPACE, TX (machined parts).
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MAGELLAN AEROSPACE

Mar 07, 2023
MAGELLAN AEROSPACE was selected by Collins Aerospace to manufacture complex magnesium and aluminum castings.
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ONTIC

Mar 07, 2023
ONTIC was licensed by Honeywell to take on the P440/660/880 Primus weather radar system.
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GE AEROSPACE

Mar 07, 2023
GE AEROSPACE plans in 2Q23 to begin testing next-gen Rotor Analysis Diagnostic System (RADS) for rotocraft for deliveries starting in 4Q23.
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SIEMENS

Mar 07, 2023
SIEMENS was selected by National Institute for Aviation Research to provide Xcelerator software to support digital engineering transformation.
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AIRBUS

Mar 07, 2023
AIRBUS expects March 27 to complete previously announced share buyback program for up to 10% of its share capital.
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PARTSBASE

Mar 07, 2023
PARTSBASE announced PartStore 2.0 transactional marketplace.
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AERSALE

Mar 07, 2023
AERSALE had $43.9m net income on $408.5m revenues in 2022 vs $36.1m on $340.4m in 2021. It says it plans to convert an additional 12 757-200s to freighters, of
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BOEING

Mar 07, 2023
BOEING reports that 100% of pre-COVID narrowbody fleet has returned to service, but at 90% utilization; 85% of widebody fleet has returned with 95% utilization
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BOEING

Mar 07, 2023
BOEING reports that 100% of pre-COVID narrowbody fleet has returned to service, but at 90% utilization; 85% of widebody fleet has returned with 95% utilization
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TRIUMPH

Mar 07, 2023
TRIUMPH was selected to manufacture main/tail rotor control cables (using flexball cable design) for Kopter AW09s.
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AIRBUS HELICOPTERS

Mar 08, 2023
AIRBUS HELICOPTERS has teamed with Norwegian Air Ambulance Foundation to develop CityAirbus NextGen’s future missions for medical services in Norway to integrat
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TRIUMPH PRODUCT SUPPORT-ASIA

Mar 10, 2023
TRIUMPH PRODUCT SUPPORT-ASIA signed cooperation agreement with Aerofield Services
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ZEROAVIA

Mar 10, 2023
ZEROAVIA says testing of its high-temp HTPEM fuel cell shows potential for hydrogen-electric propulsion for large turboprops/regional jets/rotorcraft.
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EMBRAER

Mar 10, 2023
EMBRAER closed $200m credit facility with Citibank/EXIM to finance purchases from direct suppliers in the US.
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PRATT & WHITNEY

Mar 10, 2023
PRATT & WHITNEY marked 40th anniversary of establishment of IAE.
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FLYHT

Mar 10, 2023
FLYHT has Transport Canada STC to install its AFIRS 228 automated flight information and reporting system on 737-8.
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AERO DESIGN LABS

Mar 10, 2023
AERO DESIGN LABS, TX was selected by Southwest to supply its drag reduction kit for five 737-700s for evaluation.

MRO

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HAECO

Mar 03, 2023
HAECO signed MOU with Vocational Training Council (VTC) to support its training/learning materials for developing aircraft maintenance technicians.
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ACME AEROSPACE

Mar 03, 2023
ACME AEROSPACE, AZ was selected by Etihad Airways Engineering as authorized repair station for avionics/batteries.
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LUFTHANSA TECHNIK

Mar 03, 2023
LUFTHANSA TECHNIK earned €456m on €5.6b revenues in 2022 vs €163m on €4b in '21; third party revenues rose 28.5%.
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JORAMCO

Mar 07, 2023
JORAMCO plans to add two new hangars in Amman for (1) MRO/freighter conversions and (2) aircraft painting from 2H24.
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C&L AVIATION GROUP

Mar 07, 2023
C&L AVIATION GROUP signed contract repair agreement with APPH.
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STS AVIATION SERVICES

Mar 07, 2023
STS AVIATION SERVICES received approval for a dedicated aircraft engine shop at Manchester, UK.
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SABENA TECHNICS

Mar 08, 2023
SABENA TECHNICS has CMA CGM Air Cargo contract for line maintenance for its four A330-200Fs at Paris CDG.
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TÄBY AIR MAINTENANCE

Mar 08, 2023
TÄBY AIR MAINTENANCE completed first flight of converted Saab 2000F (037; ex-Eastern), developed with launch customer JETSTREAM AVIATION CAPITAL; aircraft (14,6
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MAAS AVIATION

Mar 08, 2023
MAAS AVIATION painted first A320neo at Mobile, AL with all-female team.
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GA TELESIS

Mar 08, 2023
GA TELESIS says it completed record 112 landing gear overhauls in 2022.
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MITSUBISHI HEAVY INDUSTRIES AERO ENGINES

Mar 10, 2023
MITSUBISHI HEAVY INDUSTRIES AERO ENGINES was appointed the second authorized GTF MRO facility in Japan.
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BOEING

Mar 10, 2023
BOEING broke ground on 150,000 sq ft component operations facility in Jacksonville, FL to inspect and repair USAF/US Navy flight control surfaces.

Defense

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GENERAL ATOMICS AEROTEC SYSTEMS

Mar 07, 2023
GENERAL ATOMICS AEROTEC SYSTEMS, Germany completed upgrade/modernization program on two Dornier 228s for Royal Thai Navy.
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PACIFIC PROPELLER INTL

Mar 07, 2023
PACIFIC PROPELLER INTL has contract to perform depot-level maintenance on C-130 propeller barrels for USAF.
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INTERNATIONAL DEFENSE & AEROSPACE GROUP

Mar 10, 2023
INTERNATIONAL DEFENSE & AEROSPACE GROUP, Atlanta acquired ACE AERONAUTICS, AL (UH-60 upgrades).
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LEONARDO

Mar 10, 2023
LEONARDO was selected by Armaereo to supply avionics upgrades for up to 12 C-27J Spartans for Italian Air Force.

Business Aviation

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UNIVERSAL AVIONICS

Mar 07, 2023
UNIVERSAL AVIONICS was authorized to repair Dassault FalconEye combined vision systems at Tucson, AZ.
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SANDHILLS GLOBAL

Mar 08, 2023
SANDHILLS GLOBAL says y-o-y global used business jet inventories were up 132% in February; asking prices up 12.2%.
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ROBINSON HELICOPTERS

Mar 08, 2023
ROBINSON HELICOPTERS delivered 258 helicopters in 2022 vs 244 in 2021 and is pointing at 300/year going forward.
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WHEELS UP

Mar 10, 2023
WHEELS UP lost $507.5m on $1.6b revenues in 2022 vs $197.2m loss on $1.2b in 2021; active members increased 5%.

Who'sNews

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WHO'SNEWS: CHORUS AVIATION

Mar 07, 2023
Colin Copp to President and Chief Executive Officer of Chorus Aviation, Halifax, NS.
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WHO'SNEWS: IFS

Mar 07, 2023
Matthias Heiden to Chief Financial Officer, based in Germany, of IFS.
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WHO'SNEWS: SAS

Mar 07, 2023
Jason Mahoney to Chief Operating Officer of SAS, Sweden.
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WHO'SNEWS: JET EAST

Mar 07, 2023
Mark Daniels to Citation Product Director-Dallas of Jet East (Gama Aviation).
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WHO'SNEWS: STORM AVIATION

Mar 07, 2023
Kenny Chan to Director of Maintenance of Storm Aviation, UK.
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WHO'SNEWS: TRIMAN HOLIDINGS

Mar 08, 2023
Tim Driscoll to Chief Executive Officer of Triman Holdings, Morristown, NJ.
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WHO'SNEWS: C&L AVIATION SERVICES

Mar 08, 2023
Michael Jackson to Director of Maintenance of C&L Aviation Services, Bangor, ME.
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WHO'SNEWS: AFI KLM E&M

Mar 10, 2023
Marcel Kuijn to Vice President-Sales Europe & Key Accounts of AFI KLM E&M.
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WHO'SNEWS: DELTA TECHOPS

Mar 10, 2023
Jerry Allen to Senior Vice President-Operations of Delta TechOps, Atlanta.
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WHO'SNEWS: DELTA TECHOPS

Mar 10, 2023
Basil Papayoti to Vice President-Sales & Marketing of Delta TechOps, Atlanta.
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WHO'SNEWS: JETTAINER

Mar 10, 2023
Rammohan Krishnaswamy to General Manager-Middle East, Africa & Indian Subcontinent, based in Abu Dhabi, of Jettainer.
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WHO'SNEWS: FIRST CLASS AIR SUPPORT

Mar 10, 2023
Shawn Kalinowski to Vice President of Sales of First Class Air Support, Louisville, KY.
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WHO'SNEWS: AMETEK

Mar 10, 2023
Daniel J. Ketchum to Vice President and General Manager-MRO Division of AMETEK, Berwyn, PA.