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Aerospace

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HINDUSTAN AERONAUTICS

Oct 31, 2023
HINDUSTAN AERONAUTICS was selected by Safran to produce forged engine parts for LEAP out of Bangalore.
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CFM INTERNATIONAL

Oct 31, 2023
CFM INTERNATIONAL delivered 389 LEAPs in 3Q23 vs 347 in 3Q22 and 419 in 2Q23.
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SAFRAN

Oct 31, 2023
SAFRAN had €5.825b revenues in 3Q23 vs €4.85b in 3Q22; Propulsion increased 28.4% driven by strong civil aftermarket activity (30%). Aircraft Interiors unit increased 30.8% over strong spare parts activity and Emirates A380 seat program.

TAM

Oct 31, 2023
TAM, Sweden has FAA certification for its LPV solution for the Saab 2000, developed with CMC ELECTRONICS.

JPB SYSTEME

Oct 31, 2023
JPB SYSTEME is adding new engine hardware manufacturing plants at Melun, France (110,000 sq ft) and Rzeszow, Poland (43,000 sq ft) to support growth; facilities will house production of nuts, washers, ducting joints and borescope plugs.

EATON AEROSPACE

Oct 31, 2023
EATON AEROSPACE earned $209m on $867m sales in 3Q23 vs $185m on $768m in 3Q22; operating margins were 24%.

FLYHT AEROSPACE SOLUTIONS

Oct 31, 2023
FLYHT AEROSPACE SOLUTIONS was selected by Air North, Canada to supply AFIRS 228 Iridium SatCom and AFIRS Edge solutions for its 737NGs.
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AERSALE

Nov 01, 2023
AERSALE reports for first time it achieved 50% visual advantage in low visibility operations over naked eye for AerAware EFVS on 737NG; the system features Elbit Systems/Universal Avionics ClearVision EVS-5000 multispectral camera.
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8TREE

Nov 01, 2023
8TREE has received ISO 17025 accreditation from DAkkS for its calibration laboratory in Constance, Germany for quality management.
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TORAY INDUSTRIES

Nov 02, 2023
TORAY INDUSTRIES developed TOAYCA T1200, its highest strength carbon fiber at 8.0 gigapascals (100 kg force per sq mm), 10% higher than T100.
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DAE

Nov 02, 2023
DAE earned $207.5m on $898m revenues in Jan-Sept 2023 vs $200.6m on $854m a year ago. It has $3.8b in liquidity.
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SPIRIT AEROSYSTEMS

Nov 02, 2023
SPIRIT AEROSYSTEMS had $204m net loss on $1.4b revenues in 3Q23 vs $128m loss on $1.3b in 3Q22 and ended quarter with $374m in cash (vs $671m) and $42.2b backlog; it delivered 332 shipsets (83 737s) vs 316 (69) a year ago.
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HUGHES NETWORK SYSTEMS

Nov 02, 2023
HUGHES NETWORK SYSTEMS was selected by Delta to provide inflight connectivity for >400 717s and regional jets.
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DIEHL AVIATION OPERATION SUPPORT SERVICES (TIANJIN)

Nov 02, 2023
DIEHL AVIATION OPERATION SUPPORT SERVICES (TIANJIN) was formed to provide on-site support to A320 final assembly line and additional products and services to Chinese market. It also opened customer support office in Beijing.
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THALES AEROSPACE

Nov 02, 2023
THALES AEROSPACE booked €1.05b in new orders in January-September 2023 vs €1.25b a year ago; sales rose 9.8%.
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ATI

Nov 02, 2023
ATI had $75.7m net income on $1.03b revenues (61% aerospace) in 3Q23 vs $61.1m on $1.03b (58%) in 3Q22.
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JETTAINER

Nov 02, 2023
JETTAINER plans to open lease&fly ULD leasing service at Shanghai Pudong in partnership with PACTL WEST.
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HOWMET AEROSPACE

Nov 02, 2023
HOWMET AEROSPACE had $188m net income on $1.7b sales in 3Q23 vs $80m on $1.4b in 3Q22; it has $424m cash.
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VSE AVIATION

Nov 02, 2023
VSE AVIATION earned record $21m on record $152.4m revenues in 3Q23 vs $6.5m on $102.6m in 3Q22.
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UNITED AIRCRAFT

Nov 02, 2023
UNITED AIRCRAFT, Russia made first flight of stretched Il-96-400M at Voronezh; aircraft is 9.65 meters longer than -300.

Air Transport

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SPIRIT AIRLINES

Oct 31, 2023
SPIRIT AIRLINES sold third A320neo (11643) to Fuyo for leaseback as part of deal for five; ALM manages aircraft.
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ETHIOPIAN AIRLINES

Oct 31, 2023
ETHIOPIAN AIRLINES leased ex-Vistara 737-800 (39058) from BOC Aviation for operation by ASKY (SPNWS; Oct 20).
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INDIGO

Oct 31, 2023
INDIGO agreed to lease A321P2F (3930; ex-Air France) from AerCap; aircraft was converted by ST ENGINEERING.
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AIR CANADA

Oct 31, 2023
AIR CANADA had C$1.25b net income on C$6.3b revenues in 3Q23 vs C$508m loss on C$5.3b in 3Q22, and ended quarter with C$9.9b in total liquidity; it is now projecting full-year 2023 capacity to be about 20% higher than 2022.
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LUFTHANSA SYSTEM

Oct 31, 2023
LUFTHANSA SYSTEMS was selected by Kenya Airways (member of SkyTeam) to provide SchedConnect codeshare management solution.
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KOREAN AIR

Oct 31, 2023
KOREAN AIR ordered 20 more GTF-powered A321neos for delivery through 2030; it has now ordered 50 (eight delivered).
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QANTAS

Oct 31, 2023
QANTAS plans July 12 to begin four-times-weekly Perth-Paris CDG (787).
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BUDDHA AIR, Nepal

Oct 31, 2023
BUDDHA AIR, Nepal purchased ex-FlyBig ATR 72-500 (955) from Avation, Singapore.
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EASTAR JET

Oct 31, 2023
EASTAR JET, Korea leased ex-SpiceJet 737-800 (41398) from Aircastle.
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BRAATHENS INTERNATIONAL AIRWAYS

Oct 31, 2023
BRAATHENS INTERNATIONAL AIRWAYS leased ex-Interjet A320-200 (3312) with CFM56s from Macquarie AirFinance.
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EDELWEISS

Oct 31, 2023
EDELWEISS is expected in mid-2024 to acquire ex-SWISS A320-200 (4618) to increase fleet to 14 A320s/five A340s.

WESTJET

Oct 31, 2023
WESTJET completed integration of SWOOP (16 aircraft) into its existing 737 operations. Swoop was launched in 2018.

LOT

Oct 31, 2023
LOT agreed to lease two more 737-8s from ALC from mid-2024, joining 11 737-8s and one 787-9 now on lease from ALC.

JETBLUE

Oct 31, 2023
JETBLUE had $153m net loss on $2.4b revenues in 3Q23 vs $57m net profit on $2.6b in 3Q22, citing significant weather-related impacts and rising fuel prices ($2.94/gal). It says industry capacity is outpacing domestic demand (off-peak).

GE

Oct 31, 2023
GE has dropped its stake in AERCAP from 45% at start of 2023 to 14.5%; majority was bought back by AerCap.

AAPA

Oct 31, 2023
AAPA members carried 23.7m pax in Sept, up 111% vs Sept 2022; demand was 79% of 2019. Cargo increased 3.2%.

VIETJET

Oct 31, 2023
VIETJET earned US$2.2m on US$579m revenues in 3Q23; it carried 6.8m pax, up 10% vs 3Q19 and 127% vs 3Q22.

NATIONAL AIRLINES

Oct 31, 2023
NATIONAL AIRLINES agreed to purchase ex-China Airlines 747-400F (30763) with CF6s for entry into service in 1H24.

COMAC

Oct 31, 2023
COMAC delivered first two converted ARJ21-700Fs to YTO CARGO (112) and AIR CENTRAL (109); both are ex-Chengdu.

GARUDA INDONESIA

Oct 31, 2023
GARUDA INDONESIA leased ex-China Airlines 737-800 (41335) from Air Lease Corporation (ALC).

AER LINGUS

Oct 31, 2023
AER LINGUS sold second LEAP-powered A320neo (11711) to Griffin Global Asset Management for leaseback.

ANA HOLDINGS

Oct 31, 2023
ANA HOLDINGS had ¥93.2b net profit for six months ended Sept 30 (vs ¥19.5b a year ago) on 27% higher revenues.

JAPAN AIRLINES

Oct 31, 2023
JAPAN AIRLINES had ¥61.7b net profit for six months ended Sept 30 (vs ¥2.2b loss a year ago) on 33% higher revenues.

LATAM AIRLINES GROUP

Oct 31, 2023
LATAM AIRLINES GROUP had $232m net income on $3.1b revenues in 3Q23 vs $263m loss on $2.6b in 3Q22.
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ABU DHABI INTERNATIONAL AIRPORT

Nov 01, 2023
ABU DHABI INTERNATIONAL AIRPORT opened new Terminal A to handle up to 45m pax annually as key pillar for Etihad Airways' growth strategy.
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AMERICAN

Nov 01, 2023
AMERICAN has launched/announced >50 new routes through summer 2024, including eight new cities: Copenhagen; Tijuana; Naples, Italy; Ocho Rios, Jamaica; Nice, France; Pasco, WA; Governor's Harbour, Bahamas; and Hyannis, MA.
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AIR MAURITIUS

Nov 01, 2023
AIR MAURITIUS leased ex-Etihad A330-200 (807) with Trent 700s from Carlyle Aviation Partners.
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STARLUX AIRLINES

Nov 02, 2023
STARLUX AIRLINES plans in 2024 to begin Taipei-Seattle (A350-900), its third destination in the US.
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BAHAMASAIR

Nov 02, 2023
BAHAMASAIR plans November 12 to begin twice-weekly Raleigh-Durham, NC-Freeport (737-700).
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BAHAMASAIR

Nov 02, 2023
BAHAMASAIR is expected to acquire ex-Royal Air Maroc 737-700 (33062); it currently has three, plus five ATRs.
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IDEAWORKSCOMPANY

Nov 02, 2023
IDEAWORKSCOMPANY estimates airline ancillary revenues at $117.9b in 2023 vs $102.8b in 2022 vs $109.5b in 2019.
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MY INDO AIRLINES

Nov 02, 2023
MY INDO AIRLINES, Malaysia acquired ex-MY Jet Xpress 737-400SF (27143). It now has nine 737Fs.
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LUXWING

Nov 02, 2023
LUXWING, Malta leased second ex-Flybe Dash 8-Q400 (4332) from Aergo Capital.
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AIR NIUGINI

Nov 02, 2023
AIR NIUGINI plans to acquire 11 A220s: six -100s from Airbus and three -300s and two -100s from third party lessors.
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AZERBAIJAN AIRLINES

Nov 02, 2023
AZERBAIJAN AIRLINES (AZAL) wet-leased three A320-200s from GetJet Airlines for winter season out of Baku.
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CAPITAL A (AirAsia)

Nov 02, 2023
CAPITAL A (AirAsia) signed LOI with Aetherium Acquisition to merge to create public company listed on Nasdaq.
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ITA AIRWAYS

Nov 02, 2023
ITA AIRWAYS, Italy took delivery of new A220-100 (50068) on lease from Air Lease Corporation.
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SAS

Nov 02, 2023
SAS agreed to sell two new LEAP-powered A320neos to AerDragon Aviation Leasing for leaseback upon delivery in '24.
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BRUSSELS AIRLINES

Nov 02, 2023
BRUSSELS AIRLINES added first LEAP-powered A320neo (11600) as A319 replacement; four more are due by end '24.
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MAS AIR CARGO

Nov 02, 2023
MAS AIR CARGO, Mexico grounded its two 767-300Fs in favor of using three A330-200/300P2Fs; fourth (1712) is due shortly.
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SPICEJET

Nov 02, 2023
SPICEJET leased ex-Jet Airways 737-800 (34802) from Alterna Capital Partners.
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AIR INDIA

Nov 02, 2023
AIR INDIA agreed to lease six LEAP-powered A320neos from CDB Aviation; first (11764) was delivered.
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AIR CANADA

Nov 02, 2023
AIR CANADA plans June 12 to begin Stockholm-Montreal/-Toronto (787).
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IBERIA

Nov 02, 2023
IBERIA sold A320neo (11716) and A321neo (TBA) to Griffin Global Asset Management, and leased them back.
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FALKO REGIONAL AIRCRAFT

Nov 02, 2023
FALKO REGIONAL AIRCRAFT purchased four CFJ900s (leased to AIR CANADA) from Castlelake.
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LUFTHANSA GROUP

Nov 02, 2023
LUFTHANSA GROUP had €1.19b net income on €10.3b revenues in 3Q23 vs €809m on €8.5b in 3Q22; airlines had adjusted EBIT of €1.4b (up 91% vs €709m a year ago) on 13% higher capacity, which is now at 88% of 2019 levels.
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AVOLON

Nov 02, 2023
AVOLON had $97m net income on $588m lease revenues in 3Q23 vs $141m on $546m in 3Q22; it has $7.5b liquidity.
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ALASKA AIRLINES

Nov 02, 2023
ALASKA AIRLINES unveiled 'Mickey's Toontown Express' livery on a 737-800 (35181); IAC painted aircraft.
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IBERIA

Nov 02, 2023
IBERIA leased ex-Virgin Australia A330-200 (1293) from Global Knafaim Leasing in deal arranged by Stratos.
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BULGARIA AIR

Nov 02, 2023
BULGARIA AIR took delivery of third A220-300 (55246) on lease from ALC as part of overall deal for seven A220s.
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EGYPTAIR

Nov 02, 2023
EGYPTAIR took delivery of Trent-powered 787-9 (65106) on lease from AerCap.
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ALLEGIANT AIR

Nov 02, 2023
ALLEGIANT AIR had $5.6m net loss on $565m revenues in 3Q23 vs $15.2m loss on $560m in 3Q22; it has 127 aircraft.
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UNITED

Nov 02, 2023
UNITED launched its international winter schedule with 50 additional daily flights vs a year ago; it includes new services to Manila, Christchurch, Auckland, Brisbane, Hong Kong, Tokyo Narita, San Juan, Montego Bay, Beijing and Shanghai.
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ICELANDAIR

Nov 02, 2023
ICELANDAIR plans May 16 to begin four-times-weekly Reykjavik-Pittsburgh, PA (737-8).
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AIR SAMARKAND

Nov 02, 2023
AIR SAMARKAND, Uzbekistan plans 4Q23 startup of services to Turkey, Vietnam, Malaysia, Indonesia and China with ex-China Airlines A330-300 (1177) and ex-Avianca A321-200 (5936); it plans to be operating five aircraft by end 2023.

Business Aviation

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EPIC FLIGHT ACADEMY

Oct 31, 2023
EPIC FLIGHT ACADEMY opened its third satellite flight school at Tucson, AZ with Cessna 172 with G1000 glass cockpit.
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GULFSTREAM

Nov 02, 2023
GULFSTREAM completed 142,000 sq ft precision manufacturing facility at Savannah for G400, G500 and G600 as part of overall plan that includes expanded wing and empennage production as well as customer support service center.
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SKYSERVICE

Nov 02, 2023
SKYSERVICE acquired 76,000 sq ft hangar facility at Vancouver International Airport from London Aviation Services.
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PRESIDENTIAL FLIGHT, UAE

Nov 02, 2023
PRESIDENTIAL FLIGHT, UAE purchased ex-PAL 777-300ER (61733) for VIP operations in deal arranged by Stratos.
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COMLUX

Nov 02, 2023
COMLUX took delivery of the third ACJ TwoTwenty from Airbus for completion at Indianapolis.
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AVCON INDUSTRIES

Nov 02, 2023
AVCON INDUSTRIES has FAA STC for its extended nose bay and under-fuselage mounted pod for King Air 300s.

Defense

MRO

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EIRTECH AVIATION SERVICES

Oct 31, 2023
EIRTECH AVIATION SERVICES, Ireland opened new US engineering facility in Fort Worth, TX for providing avionic and cabin engineering services.
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EFW

Oct 31, 2023
EFW opened freighter conversion site in Istanbul in collaboration with TURKISH TECHNIC. It now has nine mod sites.
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AVIATOR AIRPORT ALLIANCE

Oct 31, 2023
AVIATOR AIRPORT ALLIANCE extended ground handling/deicing service agreement with Ryanair at Arlanda, Malmö, Copenhagen, and Helsinki.

RELIABLE AIRLINES

Oct 31, 2023
RELIABLE AIRLINES, NM opened 10,000 sq ft hangar facility at Albuquerque. It currently operates five Cessna Caravans.
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SATAIR (CHENGDU)

Nov 02, 2023
SATAIR (CHENGDU) was established in China for USM services with sustainability as the core concept, covering aged aircraft purchasing, parking, maintenance, upgrades, conversions, dismantling to USM trading.
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ASIA DIGITAL ENGINEERING

Nov 02, 2023
ASIA DIGITAL ENGINEERING received EASA Part 145 repair station approval.
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TELAIR INTERNATIONAL

Nov 02, 2023
TELAIR INTERNATIONAL was selected by Kansas Modification Center and NIAR WERX to supply main deck cargo loading system and floor panels for 777-3000ERCF freighter conversion. It also received FAA STC for 777F CRAF CLS.
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LUFTHANSA TECHNIK

Nov 02, 2023
LUFTHANSA TECHNIK earned €173m on €1.7b sales in 3Q23 vs €194m on €1.4b in 3Q22; third-party sales rose 10%.

Who’sNews

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WHO'SNEWS: TRUEAERO

Oct 31, 2023
Flavio Santos to Vice President of Finance of TrueAero, TX.

WHO'SNEWS: ZEPHYRUS AVIATION CAPITAL

Oct 31, 2023
Timothy Brick to Senior Vice President-Trading of Zephyrus Aviation Capital, Dublin.

WHO'SNEWS: EMBRAER DEFENSE & SECURITY

Oct 31, 2023
Jake Williams to Vice President-Business Development & Sales-North America of Embraer Defense & Security, Melbourne, FL.
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WHO'SNEWS: KING AEROSPACE

Nov 01, 2023
Pete Schneider to Vice President-Program Management and Special Projects of King Aerospace, Addison, TX.
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WHO'SNEWS: SPINLAUNCH

Nov 02, 2023
Dómhnal Slattery was named Chairman of SpinLaunch, Long Beach, CA.
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WHO'SNEWS: LCI

Nov 02, 2023
Michael Platt announced his retirement as Vice Chairman of LCI (effective end of 2023).
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WHO'SNEWS: NASMYTH

Nov 02, 2023
James Larner to Chief Financial Officer of Nasmyth, UK.
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WHO'SNEWS: PROFESSIONAL AIRCRAFT ACCESSORIES

Nov 02, 2023
Keith Johnson to Vice President and General Manager of Professional Aircraft Accessories, FL.
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WHO'SNEWS: AVIATION CAPITAL GROUP

Nov 02, 2023
Vicente Alava Pons to Managing Director of Aircraft Financing Solutions, based in Europe, of Aviation Capital Group.