Subscription Required

SpeedNews - October 6, 2023 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.

Magazine Issue

SpeedNews - October 6, 2023

October 06, 2023

Download PDF

Air Transport

CATHAY GROUP

Sep 29, 2023

CATHAY GROUP, Hong Kong ordered 32 more A320neo Family aircraft and has now ordered 64 (13 delivered).

JALAN KALROCK CONSORTIUM (JKC)

Sep 29, 2023

JALAN KALROCK CONSORTIUM (JKC) completed IN 350 crore equity infusion into India's JET AIRWAYS under court-approved resolution plan to take control of airline and restart operations in 2024 (date TBA); it shut down in mid-2019.

JETSTREAM AVIATION

Sep 29, 2023

JETSTREAM AVIATION, Canada agreed to invest $13.5m (three tranches) into CANADA JETLINES for 50% share.

LAX

Sep 29, 2023

LAX handled 7m pax in August 2023, up 15.2% vs August 2022.

PEGASUS AIRLINES

Oct 02, 2023

PEGASUS AIRLINES took delivery of its 100th aircraft: A321neo (11515).

LATAM

Oct 02, 2023

LATAM ordered 13 more A321neos, increasing its committed backlog to 76; first (11531) was delivered from AerCap.

EQUAIR

Oct 02, 2023

EQUAIR, Ecuador has ceased operations after two years of service since late 2021; it served >16 routes with three 737s.

WESTJET GROUP

Oct 02, 2023

WESTJET GROUP expects to complete integration of SUNWING AIRLINES by October 2024; proceeding integration of SWOOP will be fully completed by October 28, 2023. The planned activity has no impact on Sunwing Vacations Group.

RYANAIR

Oct 02, 2023

RYANAIR plans to build €100m pilot and cabin crew training center in Madrid with six 737 full-flight simulators.

ALASKA AIRLINES

Oct 02, 2023

ALASKA AIRLINES retired its last Airbus aircraft, an A321neo, and now operates 222 737s (and 83 E170s).

ZAMBIA AIRWAYS

Oct 02, 2023

ZAMBIA AIRWAYS acquired its first jet, ex-Ethiopian 737-800 (40961).

CHINA EASTERN AIRLINES

Oct 02, 2023

CHINA EASTERN AIRLINES agreed to order 100 C919s for delivery through 2031, including the first five in 2024.

CATHAY PACIFIC AIRWAYS

Oct 02, 2023

CATHAY PACIFIC AIRWAYS agreed to sell nine A321neos to BOC Aviation for leaseback upon delivery in 2026-2027.

AAPA

Oct 05, 2023

AAPA members carried 25.7m pax in August, up 129.7% vs Aug 2022; demand was 76.5% of 2019. Cargo dropped 1.8%.

ACG

Oct 05, 2023

ACG announced closing of $500m senior unsecured notes due 2028, bringing its total issuances in 2023 to $1.6b.

AEROLINEAS ARGENTINAS

Oct 05, 2023

AEROLINEAS ARGENTINAS took delivery of ex-SAA A330-200 (1223) on lease from Aircastle (SPNWS: May 19).

AIR TANZANIA

Oct 05, 2023

AIR TANZANIA took delivery of its first 737-9 (67790). It also operates a 767-300F and two 787-8s (one 787-8 on order).

ALLEGIANT

Oct 05, 2023

ALLEGIANT secured financing from BNP Paribas and Jackson Square Aviation for seven A320-200s/four 737 MAXs.

AVOLON

Oct 05, 2023

AVOLON reports in 3Q23 it executed 43 lease transactions (vs 54 in 3Q22), delivered seven new/four used aircraft (vs 4/7) and sold 14 aircraft (vs 13). It ended quarter with owned/managed/committed portfolio of 897 aircraft (vs 833).

CEBU PACIFIC

Oct 05, 2023

CEBU PACIFIC, Philippines secured US$123m in JOLCO financing, secured by two new A321neos, from MUFG Bank.

CHINA EASTERN AIRLINES

Oct 05, 2023

CHINA EASTERN AIRLINES agreed to order 100 C919s for delivery through 2031, including the first five in 2024.

FEDEX

Oct 05, 2023

FEDEX 757-200SF (24118) was heavily damaged after skidding off runway during gear-up landing at Chattanooga, TN.

FLYBONDI

Oct 05, 2023

FLYBONDI, Argentina took delivery of third ex-Shanghai 737-800 (33007) on lease from AerCap (SPNWS; Sept 22).

FLYNAS

Oct 05, 2023

FLYNAS says it took delivery of five new A320neos in September, increasing fleet to 56 aircraft (eight more due in '23).

IATA

Oct 05, 2023

IATA reports y-o-y global pax traffic was up 28.4% in August on 24.9% higher capacity; cargo rose 1.5% on 12.2% higher capacity. It says global pax traffic in August was at 95.7% of pre-COVID levels (international 88.5%/domestic 109.2%).

LUMIWINGS

Oct 05, 2023

LUMIWINGS, Greece leased ex-Azul E195LR (391) from Azorra. It also operates a 737CL and 737NG.

PORTER AIRLINES

Oct 05, 2023

PORTER AIRLINES plans in January 2024 to begin daily Toronto Pearson-San Francisco/-Los Angeles (E195-E2).

ROYAL JORDANIAN

Oct 05, 2023

ROYAL JORDANIAN completed company restructuring that includes increasing capital to help modernize/raise its fleet to 41 aircraft with 11 new A320neos and E190-E2s; it will then resume modernization plan at beginning of 2026.

SAS

Oct 05, 2023

SAS selected Castlelake, Air France-KLM, Lind Invest and Danish state as winning bidder consortium in its exit financing solicitation process; structure includes total investment of US$1.2b and SAS is to exit Star Alliance and join SkyTeam.

SEABURY and AIRLINE STRATEGY GROUP

Oct 05, 2023

SEABURY and AIRLINE STRATEGY GROUP (ASG) announced strategic partnership to combine advisory firms; ASG will be rebranded to operate as Seabury Airline Strategy Group (SASG) to develop specialized commercial airline strategies.

SILK WAY WEST

Oct 05, 2023

SILK WAY WEST, Azerbaijan took delivery of its first (67454) of five 777Fs on order; it has also ordered two 777-8Fs.

SMBC AVIATION CAPITAL

Oct 05, 2023

SMBC AVIATION CAPITAL received $710m settlement on insurance claims for aircraft previously leased to AEROFLOT.

UNITED AIRLINES

Oct 05, 2023

UNITED AIRLINES ordered 50 more 787-9s for delivery in 2028-2031 and 60 more A321neos for 2028-2030; it also took options for another 50 787s and purchase rights for 40 more A321neos and expects to take ~800 aircraft through 2032.

US DOT

Oct 05, 2023

US DOT reports US airline fuel cost was $2.82/gallon in August vs $2.48 in July 2023; y-o-y consumption was up 11.3%.

VIVA AEROBUS

Oct 05, 2023

VIVA AEROBUS plans in December to begin Querétaro-Houston IAH/-San Antonio (A320).

Aerospace

BAA TRAINING

Sep 29, 2023

BAA TRAINING opened €30m pilot training facility near Paris-Orly; facility currently accommodates three full-flight simulators (747-400 and two 737NGs) with a fourth (A320neo) due in 4Q23 and fifth/sixth (TBA) in 2024-2025.

LEKI AVIATION

Sep 29, 2023

LEKI AVIATION opened new sales office in Medellin, Colombia.

NEPTUNE AVIATION

Oct 02, 2023

NEPTUNE AVIATION, MT was appointed by Garmin as an authorized dealer for GPS nav systems, transponders, displays, and other aviation products.

DOKASCH

Oct 02, 2023

DOKASCH, Frankfurt achieved technical approval for its temperature-controlled Opticooler RKN active containers with American Airlines Cargo.

EXPLEO

Oct 02, 2023

EXPLEO was selected by Spirit AeroSystems to provide engineering services out of Tulsa, OK for program development using AI, digital twin and automation to maximize cost efficiency and accelerate time-to-market.

SATCOM DIRECT

Oct 02, 2023

SATCOM DIRECT was selected by Planet Nine Private Air, CA as its preferred connectivity supplier with SD Plane Simple.

BOEING

Oct 02, 2023

BOEING rolled out the first 747 this week in 1968. It produced 1,574 747s.

SAFRAN

Oct 02, 2023

SAFRAN was selected by Japan Airlines to supply premium economy, business and first class seats for 13 A350-1000s.

JET PARTS ENGINEERING

Oct 02, 2023

JET PARTS ENGINEERING, WA has FAA approval for 12 new PMAs/DER repairs, including 737 MAX heat exchanger gaskets, pneumatic solenoid valve assemblies, CFM56-5 fan blade spacers and V2500 engine LPC bracket assemblies.

IPERIONX

Oct 02, 2023

IPERIONX, NC has GKN Aerospace order to provide titanium plate test components manufactured via Hydrogen Sintering and Phase Transformation technologies to deliver strength/fatigue properties comparable to wrought titanium alloys.

ANSETT AVIATION TRAINING DUBAI

Oct 02, 2023

ANSETT AVIATION TRAINING DUBAI received EASA certification for its ATR 72-600 full-flight simulator.

BUTLER NATIONAL

Oct 02, 2023

BUTLER NATIONAL acquired KC MACHINE, Kansas City (precision machine parts) to complements its mod business.

AERSALE

Oct 05, 2023

AERSALE reports certification of AerAware enhanced flight vision system for 737NG/MAX is still under FAA review. It does not expect any issues.

ALTA

Oct 05, 2023

ALTA added Seattle Aviation Solutions as an affiliate member.

BOEING and MASDAR

Oct 05, 2023

BOEING and MASDAR teamed to help develop SAF industry in the UAE.

BOEING

Oct 05, 2023

BOEING inaugurated new office in Jakarta. It signed MOU with Indonesia’s Directorate General of Civil Aviation (DGCA) to explore initiatives aimed at strengthening its aviation sector with a focus on flight safety, efficiency, and sustainability.

BOEING

Oct 05, 2023

BOEING selected PRATT & WHITNEY to supply GTF engines and COLLINS AEROSPACE to supply nacelles and engine accessories for X-66A flight demonstrator project for NASA. Collins will also support ground/flight testing from 2028.

BYE AEROSPACE

Oct 05, 2023

BYE AEROSPACE, CO announced LOIs from four customers in the aviation training sector for 340 eFlyer aircraft.

COLLINS AEROSPACE

Oct 05, 2023

COLLINS AEROSPACE opened The Grid, a $50m, 25,000 sq ft advanced electric power systems laboratory to develop and test key components for hybrid-electric propulsion and more electric systems; it has test capability of eight megawatts.

DEUTSCHE AIRCRAFT

Oct 05, 2023

DEUTSCHE AIRCRAFT completed wind-tunnel testing campaign for its 328ALPHA technology demonstrator.

FLYHT

Oct 05, 2023

FLYHT was selected by Canada Jetlines to supply AFIRS 228 Iridium Satcom and AFIRS Edge 5G solutions for its A320s.

GA TELESIS

Oct 05, 2023

GA TELESIS secured ASA-100 certification for its facility in Shanghai, China.

INDRA

Oct 05, 2023

INDRA completed acquisition of PARK AIR, UK (ground-to-air radio systems for civil and military air traffic management) from Northrop Grumman.

REGENT

Oct 05, 2023

REGENT, RI signed Japan Airlines as partner in establishing system for all-electric seaglider operations in Japan.

SITA

Oct 05, 2023

SITA was selected by Vistara to provide eWAS (weather awareness) and OptiClimb (customized climb profiles) solutions.

TRIUMPH AVIATION SERVICES ASIA and AIRLINE COMPONENT SERVICES

Oct 05, 2023

TRIUMPH AVIATION SERVICES ASIA (TASA), Thailand and AIRLINE COMPONENT SERVICES, UK have entered into partnership agreement to repair, store and distribute $2m inventory of structural components within Asia.

ZIM AIRCRAFT SEATING

Oct 05, 2023

ZIM AIRCRAFT SEATING acquired HAECO CABIN SOLUTIONS (seats/reconfigurations); they will trade as ZIM Group.

Business Aviation

AIRSHARE

Oct 02, 2023

AIRSHARE completed acquisition of Wheels Up's private jet management business with 90 aircraft (SPNWS; August 11).

GARMIN

Oct 05, 2023

GARMIN was selected by BETA Technologies to supply G3000 flight deck for CX300 eCTOL/A250 eVTOL aircraft.

JOBY AVIATION

Oct 05, 2023

JOBY AVIATION began piloted flight test program of its eVTOL prototype.

KEYSTONE AVIATION

Oct 05, 2023

KEYSTONE AVIATION is being renamed ELEVATE JET for managing, selling, and acquiring aircraft under single brand.

SKYSERVICE BUSINESS AVIATION

Oct 05, 2023

SKYSERVICE BUSINESS AVIATION has STC from Transport Canada to install Gogo 5G system on Challenger 300s.

SMARTSKY NETWORKS

Oct 05, 2023

SMARTSKY NETWORKS was selected by Davinci Jets to supply LITE inflight connectivity for PC-12s/King Air 350s.

Defense

SAFRAN

Oct 02, 2023

SAFRAN was selected by Bell to design/develop landing gear for US Army’s Future Long-Range Assault Aircraft (FLRAA).

MRO

AERO-SHIELD CAPITAL

Sep 29, 2023

AERO-SHIELD CAPITAL, Chicago renewed maintenance agreements for Honeywell/Pratt & Whitney Canada APUs; it has 12 customers to support Airbus/Boeing aircraft and anticipates servicing six APUs per month over next four years.

AERFIN

Oct 02, 2023

AERFIN, UK acquired three A320-200s (TBA; manufactured after 2012) from Wings Capital Partners for part out.

EXECUTIVE JET SUPPORT (EJS)

Oct 02, 2023

EXECUTIVE JET SUPPORT (EJS), UK acquired ex-Air France A318 (2686) from Fortress Investment Group for part out.

GAMECO

Oct 02, 2023

GAMECO was licensed by Honeywell for third party aircraft component repairs (for China Southern) for five years.

BEAUTECH POWER SYSTEMS

Oct 05, 2023

BEAUTECH POWER SYSTEMS, TX acquired six CRJ1000s from Export Development Canada for part out. NAC arranged.

CHINA AIRLINES

Oct 05, 2023

CHINA AIRLINES inducted its first GTF for maintenance. It is 14th active location (sixth in Asia-Pacific) for GTF overhauls.

FOKKER SERVICES GROUP

Oct 05, 2023

FOKKER SERVICES GROUP was selected by Spain's Albastar to provide component support program for five 737NGs.

LUFTHANSA TECHNIK MALTA

Oct 05, 2023

LUFTHANSA TECHNIK MALTA is expanding portfolio to include 787 base maintenance starting in 1H24 as part of major investment in company (training/tooling/material) to become center of excellence for widebody overhaul in Europe.

VERYON

Oct 05, 2023

VERYON has acquired RUSADA, Switzerland (aviation maintenance management software; nearly 100 customers).

Who’sNews

WHO'SNEWS: AELS

Sep 29, 2023

Johan Vlastuin to Chief Executive Officer of AELS, The Netherlands.

WHO'SNEWS: SPIRIT AEROSYSTEMS

Oct 02, 2023

Patrick M. Shanahan to interim President and Chief Executive Officer of Spirit AeroSystems, Wichita. Thomas C. Gentile III resigned.

WHO'SNEWS: ATSG

Oct 02, 2023

Mike Berger to President of ATSG, Wilmington, OH.

WHO'SNEWS: AEROVISTO GROUP

Oct 05, 2023

Daniel Heidrich to Sales Director of AeroVisto Group, Switzerland.

WHO'SNEWS: TRUEAERO

Oct 05, 2023

Fernando Kehl to Director of Fleet Project Management of TrueAero, Dallas.

WHO'SNEWS: TRUEAERO

Oct 05, 2023

Julliana Nakamata to Director of Sales & Business Development of TrueAero, Dallas.

WHO'SNEWS: SUNVAIR AEROSPACE GROUP

Oct 05, 2023

Rene Segovia to General Manager of Sunvair Landing Gear and Aerospace Plating (Sunvair Aerospace Group), co-located in Valencia, CA.

WHO'SNEWS: ETIHAD AIRWAYS

Oct 05, 2023

Mohamed Anwahi to Vice President of Flight Operations of Etihad Airways, Abu Dhabi.

WHO'SNEWS: ETIHAD AIRWAYS

Oct 05, 2023

Aysha Al Kaabi to Director of Revenue Enhancement and Strategic Pricing of Etihad Airways, Abu Dhabi.

WHO'SNEWS: ETIHAD AIRWAYS

Oct 05, 2023

Mariam Al Qubaisi to Director of Sustainability of Etihad Airways, Abu Dhabi.

WHO'SNEWS: AMERIJET INTERNATIONAL AIRLINES

Oct 05, 2023

Joe Mozzali to Chief Executive Officer of Amerijet International Airlines.

WHO'SNEWS: PAX-EUROPE

Oct 05, 2023

James Edwards to Vice President PAX-Europe of Chapman Freeborn, UK.

WHO'SNEWS: TP AEROSPACE

Oct 05, 2023

Nicolai Hertz to Chief Commercial Officer of TP Aerospace, Copenhagen.

Market Sector

Subscription Required

Share

SpeedNews - October 6, 2023

Share

Air Transport

Aerospace

Business Aviation

Defense

MRO

Who’sNews