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Air Transport

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ELECTRA AIRWAYS

May 02, 2023
ELECTRA AIRWAYS, Bulgaria leased ex-SWISS A321-200 (1144) with CFM56s from Aviator Capital.
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TURKISH CARGO and DHL GLOBAL FORWARDING

May 02, 2023
TURKISH CARGO and DHL GLOBAL FORWARDING signed MOU to strenghten their cooperation.
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US TDA

May 02, 2023
US TDA announced grant funding for feasibility study (by ALTON AVIATION) to develop a new airline in TIMOR-LESTE.
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WESTJET

May 02, 2023
WESTJET began three-times-weekly Calgary-Tokyo Narita (787), its initial service to Japan.
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WESTJET

May 02, 2023
WESTJET reached tentative agreement with Unifor-represented airport employees at Toronto Pearson on first CBA.
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CARGOJET

May 02, 2023
CARGOJET had C$30.5m net income on C$231.9m revenues in 1Q23 vs C$56.4m loss on C$233.6m in 1Q22.
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WESTJET GROUP completed acquisition of SUNWING VACATIONS and SUNWING AIRLINES

May 02, 2023
WESTJET GROUP completed acquisition of SUNWING VACATIONS and SUNWING AIRLINES (18 737s)
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GLOBAL REACH AVIATION

May 02, 2023
GLOBAL REACH AVIATION, Billund, Denmark secured its own AOC for on-demand charters with CRJ200/CRJ900.
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US DOT

May 02, 2023
US DOT reports US scheduled pax airlines recorded $1.6b cumulative net profit in 2022 (vs $2.8b loss in 2021) on $211.2b operating revenues ($155.1b in fares/
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GETJET AIRLINES

May 02, 2023
GETJET AIRLINES, Lithuania leased ex-IKAR 737-800 (28247) from AerCap.
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AVIANCA

May 02, 2023
AVIANCA leased second ex-Batik Air A320-200 (8082) with CFM56s from Aviation Capital Group.
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BLUORBIT

May 02, 2023
BLUORBIT, Singapore wet-leased 737-800BCF (33551; ex-Ryanair) from Budget Lines, Thailand (SPNWS; April 21).
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JAL GROUP

May 02, 2023
JAL GROUP had ¥34.4b net income on ¥1,375.5b revenues for year ended March 31 vs ¥177.5b loss on ¥682.7b a year ago.
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AERCAP

May 02, 2023
AERCAP had $432m net income on $1.9b revenues in 1Q23 vs $2b loss on $1.8b in 1Q22.
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ALLIED PILOTS ASSOCIATION

May 02, 2023
ALLIED PILOTS ASSOCIATION authorized strike action against AMERICAN AIRLINES; 99% of voters said yes.
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SOUTHWEST AIRLINES PILOTS ASSOCIATION

May 02, 2023
SOUTHWEST AIRLINES PILOTS ASSOCIATION opened strike authorization vote against the airline, to close May 31.
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LYNX AIR

May 02, 2023
LYNX AIR, Canada agreed to lease 11 new 737-8s from BOC Aviation; first (66474) was delivered.
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SAS

May 02, 2023
SAS plans October 30 to begin three-times-weekly Copenhagen-Bangkok (A350).
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AIRBALTIC

May 02, 2023
AIRBALTIC began Riga-Bucharest/-Porto/-Burgas/-Bilbao/-Tivat (A220-300).
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AIR LEASE CORPORATION

May 02, 2023
AIR LEASE CORPORATION had $118.3m net profit on $636m revenues in 1Q23 vs $479.4m loss on $597m in 1Q22.
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SPIRIT AIRLINES

May 02, 2023
SPIRIT AIRLINES plans June 7 to begin daily Los Angeles-Memphis (A320).
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SILVER AIRWAYS

May 02, 2023
SILVER AIRWAYS plans June 23 to begin Greensboro, NC-Orlando/-Nashville (ATR 72-600).
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AIR GREENLAND

May 02, 2023
AIR GREENLAND purchased ex-Piedmont Dash 8-200 (497) from Avmax Group.

Aerospace

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ETIHAD AIRWAYS

May 02, 2023
ETIHAD AIRWAYS plans in 3Q23 to take delivery of three new 787s.
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SAFRAN

May 02, 2023
SAFRAN was selected by flydubai to supply new business class seats (based on VUE platform) for certain 737s used on longer-haul routes.
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ZEROAVIA

May 02, 2023
ZEROAVIA received ex-Horizon Air Dash 8-Q400 (4348) from Alaska Airlines for retrofit with hydrogen-electric propulsion system for partnership with De Havilland
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LUFTHANSA SYSTEMS

May 02, 2023
LUFTHANSA SYSTEMS has 1Sched@Cloud contract with Lufthansa Group to provide NetLine/Sched schedule management solution as standard.
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LILIUM

May 02, 2023
LILIUM announced capital raise for up to $250m, with $100m funded at close, to continue development of its Lilium Jet at full pace.
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HOWMET AEROSPACE

May 02, 2023
HOWMET AEROSPACE had $148m net income on $1.6b sales in 1Q23 vs $131m on $1.3b in 1Q22.
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VSE CORPORATION

May 02, 2023
VSE CORPORATION agreed to sell its Federal and Defense segment to BERNHARD CAPITAL PARTNERS for up to $100m.
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AIRBUS, SAFRAN and TIKEHAU CAPITAL

Apr 28, 2023
AIRBUS, SAFRAN and TIKEHAU CAPITAL finalized acquisition of France's AUBERT & DUVAL (titanium/superalloy bars and forgings) from Eramet; it supplies forgings fo
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SAFRAN

May 02, 2023
SAFRAN was selected by flydubai to supply new business class seats (based on VUE platform) for certain 737s used on longer-haul routes.
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MOOG AIRCRAFT CONTROLS

Apr 28, 2023
MOOG AIRCRAFT CONTROLS earned $31.9m on $347m sales for quarter ended April 1 vs $12.4m on $311m a year ago.
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EMBRAER

Apr 28, 2023
EMBRAER sold 33 Ipanema 203s in 1Q23 vs 24 in 1Q22. It plans to deliver 65 in 2023 vs 55 in 2022 and 42 in 2021.
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SATCOM DIRECT

May 03, 2023
SATCOM DIRECT added an automated carbon reporting tool to its SD Pro operating system to calculate emissions.
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FACC

May 03, 2023
FACC secured €162.7m revenues in 1Q23, up 27.6% vs 1Q22, which it says is due to the significantly improved market environment; however, still affected by disru
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DAE

May 03, 2023
DAE earned $69.2m on $315.2m revenues in 1Q23 vs $46.6m on $491.3m loss (included asset write-off of $576.5m relating to certain aircraft in Russia) in 1Q22; it
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AIM MRO

May 03, 2023
AIM MRO (AE Industrial Partners) acquired GERARD POLY MOULDINGS, UK (silicon/urethane masking products).
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SPIRIT AEROSYSTEMS

May 03, 2023
SPIRIT AEROSYSTEMS lost $281m on $1.4b revenues in 1Q23 vs $53m loss on $1.2b in 1Q22. It expects disruptions and rework within its Wichita factory from issues
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ENTROL

May 04, 2023
ENTROL has order from Japan's Alpha Aviation for H19 FTD Level 5 sim.
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KNIGHTHOOD GLOBAL

May 04, 2023
KNIGHTHOOD GLOBAL, Abu Dhabi invested in ODYS AVIATION, CA, which is developing eVTOL aircraft for air cargo.
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AIRBUS

May 05, 2023
AIRBUS had €466m net income on €11.8b revenues in 1Q23 vs €1.2b on €12b in 1Q22; Commercial Aircraft earned €197m on €8.1b vs €1.2b on €8.5b and still expects t
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AIRBUS

May 05, 2023
AIRBUS reports it is ramping up monthly production to 14 A220s by mid-decade; to 65 A320 Family aircraft by end 2024 (second FAL in Tianjin supports plan to pro
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EMBRAER

May 05, 2023
EMBRAER had $70.8m net loss on $717m revenues in 1Q23 vs $31.7m loss on $601m in 1Q22; it has $17.4b backlog.
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VSE CORPORATION

May 05, 2023
VSE CORPORATION agreed to acquire DESSER AEROSPACE, CA (tire/brake/battery distributor and component MRO) in deal to close within 90 days. It will then sell Des
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COMPLY365

May 05, 2023
COMPLY365, WI was selected by Türkiye's Pegasus Airlines to provide ProAuthor document authoring and compliance management platform.
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COLLINS AEROSPACE

May 05, 2023
COLLINS AEROSPACE was selected by JetBlue to provide InteliSight aircraft interface device for installation on >200 A320s; device captures, records, stores, enc
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APOLLO GLOBAL MANAGEMENT

May 05, 2023
APOLLO GLOBAL MANAGEMENT agreed to acquire ARCONIC, PA, taking company private; deal values Arconic at $5.2b and includes minority investment from funds managed
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HEAR360

May 05, 2023
HEAR360 was selected by Panasonic Avionics to supply 3D Spatial Audio as standard for Astrova IFE solution, complementing its 4K OLED screens.

MRO

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AMP AERO SERVICES

May 02, 2023
AMP AERO SERVICES, FL acquired airframe/engine material inventory with >88,000 parts.
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BGS

May 02, 2023
BGS was selected by SAS to provide ground handling services at Vilnius.
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WERNER AERO

Apr 29, 2023
WERNER AERO, NJ acquired ex-GOL 737-700 (30246) for part out by ASCENT AVIATION SERVICES, AZ.
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LUFTHANSA TECHNIK

May 04, 2023
LUFTHANSA TECHNIK earned €135m on €1.5b revenues in 1Q23 vs €50m on €1.3b in 1Q22; third party revenues rose 36%.
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COMPLETE ENGINE SERVICES

May 04, 2023
COMPLETE ENGINE SERVICES, UK was launched to provide EASA-certified borescope inspections/boreblend repairs.
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MAB ENGINEERING (MABES)

May 05, 2023
MAB ENGINEERING (MABES) was absorbed into Malaysia Airlines Group as a wholly-owned subsidiary.
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J&C AERO

May 05, 2023
J&C AERO completed A320 reconfiguration project for Arena Aviation Capital.

Business Aviation

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GOGO

May 02, 2023
GOGO made $100m debt prepayment, reducing its Term Loan B outstanding principal to $612.3m.
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PILATUS AIRCRAFT

May 02, 2023
PILATUS AIRCRAFT reports its global fleet of >1,900 PC-12s have surpassed 10m flight hours; first delivered in 1994.
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TRUE BLUE POWER

May 02, 2023
TRUE BLUE POWER, KS has launch order from Wichita-based Clemens Aviation to provide its Gen5 TB40 advanced lithium-ion main ship battery STC kit.
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THRIVE AVIATION

May 02, 2023
THRIVE AVIATION opened 24,000 sq ft operational base at Miami-Opa Locka and acquired its fourth Citation Longitude.
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EDMISTON

May 02, 2023
EDMISTON was named by Gulfstream as authorized international sales representative in the UK and Channel Islands.
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COMULX

May 02, 2023
COMULX delivered the first completed ACJ TwoTwenty (50062) to FIVE HOTELS AND RESORTS; aircraft is based in Dubai.
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ELITE AIR

May 04, 2023
ELITE AIR broke ground on 72,000 sq ft FBO at St. Petersburg-Clearwater International Airport to open in 2025.
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CIRRUS AIRCRAFT

May 04, 2023
CIRRUS AIRCRAFT is investing $13m to build new 45,000 sq ft facility at McKinney National Airport, Dallas with 15,000 sq ft service hangar and 15,000 sq ft stor

Who'sNews

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WHO'SNEWS: AIRCASTLE

May 02, 2023
Jill Saverine to Chief People Officer of Aircastle, Stamford, CT.
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WHO'SNEWS: QANTAS GROUP

May 02, 2023
Vanessa Hudson, CFO of Qantas Group, was named its next CEO and Managing Director, succeeding retiring Alan Joyce (effective Nov 2023).
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WHO'SNEWS: ERICKSON

May 02, 2023
Barry Kohler to Chief Executive Officer of Erickson, Portland, OR.
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WHO'SNEWS: CARGO-ACMI LEASING

May 02, 2023
Roy Linkner to Vice President Cargo-ACMI Leasing of Chapman Freeborn, London.
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WHO'SNEWS: El Al

May 02, 2023
Yacov Shahar to Chief Financial Officer of El Al, Israel.
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WHO'SNEWS: AUBERT & DUVAL

Apr 28, 2023
Bruno Durand to Chief Executive Officer of Aubert & Duval, France.
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WHO'SNEWS: ROYAL AERONAUTICAL SOCIETY

May 05, 2023
Kerissa Khan to President of the Royal Aeronautical Society, London.
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WHO'SNEWS: RUSADA

May 05, 2023
Steve Lightstone to Director of Sales & Business Development of Rusada.
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WHO'SNEWS: WHEELS UP

May 04, 2023
David Godsman to Chief Digital Officer of Wheels Up, NY; Kristen Lauria was named Chief Customer and Marketing Officer.
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WHO'SNEWS: SPEEDBIRD

May 05, 2023
Doug Dvorak to Vice President of Sales of SpeedBird, Orlando.