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Magazine Issue

SpeedNews - January 5, 2024

January 05, 2024

Air Transport

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BOC AVIATION

Jan 03, 2024
BOC AVIATION agreed to purchase four new A321neos/two new A320neos from Airbus in 2027-28 for lease to CONDOR.
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AIRFAST INDONESIA

Jan 03, 2024
AIRFAST INDONESIA agreed to lease ex-Norwegian 737-8 (63970) from Mitsui Bussan Aerospace.
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FLY2SKY

Jan 03, 2024
FLY2SKY leased ex-Air China A320-200 (3461) from ICBC Leasing for wet-lease to HUMO AIR, Uzbekistan.
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DRAGONFLY AVIATION

Jan 03, 2024
DRAGONFLY AVIATION, Kenya leased ex-Horizon Air Dash 8-400 (4059) from Viking Air.
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JAPAN AIRLINES

Jan 03, 2024
JAPAN AIRLINES is writing off A350-900 (538) after collision with Japan Coast Guard Dash 8-300 (656) while landing at Tokyo Haneda on Jan. 2; all pax and crew evacuated aircraft whilst five of six crewmembers on Dash 8 were killed.
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SAS

Jan 03, 2024
SAS is adding nine new European destinations in Summer 2024 and will then fly to >130 destinations in >40 countries. It plans to begin Copenhagen-Ibiza/-Salzburg/-Genoa/-Tromso/-Dalaman; Bergen-London; Oslo/-Geneva/-Milan/-Tivat.
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ETIHAD AIRWAYS

Jan 03, 2024
ETIHAD AIRWAYS began daily Abu Dhabi-Kozhikode/-Thiruvananthapuram (A320/A321).
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ALASKA AIRLINES

Jan 03, 2024
ALASKA AIRLINES took delivery of its first 737-8 (67802), which is due to enter service in mid-February 2024.
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AUSTRIAN AIRLINES

Jan 03, 2024
AUSTRIAN AIRLINES took delivery of its fifth new A320neo (11808); aircraft will initially operate in white without livery.
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FLY CORALWAY

Jan 03, 2024
FLY CORALWAY, Tahiti has abandoned plans to launch operations in the Caribbean due to lack of financing.
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LUBECK AIR

Jan 03, 2024
LUBECK AIR, Germany postponed restart of operations until at least mid-2024 as it is still looking for financial partners.
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THAI AIRWAYS

Jan 03, 2024
THAI AIRWAYS agreed to lease two ex-Virgin A330-300s (1315/1329) from CDB Aviation for delivery in Sept./Oct. 2024.
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CEBU PACIFIC

Jan 03, 2024
CEBU PACIFIC, The Philippines leased A320-200 (7345) with CFM56s from Bulgaria Air.
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GENESIS

Jan 04, 2024
GENESIS acquired 737-800 (37816; leased to JEJU AIR) from Avolon.
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MERPATI NUSANTARA

Jan 04, 2024
MERPATI NUSANTARA is expected to be liquidated by the Indonesian Govt; all assets will be sold via auction.
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LASER AIRLINES

Jan 04, 2024
LASER AIRLINES, Venezuela secured its IOSA certification from IATA. It has nine MD-80s.
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AIR TRANSAT

Jan 04, 2024
AIR TRANSAT has resumed talks with its CUPE-represented flight attendants on new CBA; initial deal was declined.
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DAE CAPITAL

Jan 04, 2024
DAE CAPITAL reports it acquired 20 aircraft/sold 30 in 2023, ending year with owned/managed/committed fleet of 493.
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CPaT GLOBAL

Jan 04, 2024
CPaT GLOBAL was selected by SmartLynx to supply distance learning courses for A320, A330, 737NG and 737 MAX pilot training.
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EASYJET

Jan 04, 2024
EASYJET leased ex-Peach A320-200 (6640) with CFM56s from SMBC Aviation Capital for operation out of Austria.
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SAUDI ARABIAN AIRLINES

Jan 04, 2024
SAUDI ARABIAN AIRLINES wet-leased second A330-300 (741) with Trent 700s from Wamos Air, Spain.
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CHINA AIRLINES

Jan 04, 2024
CHINA AIRLINES, Taiwan leased ex-SAS A350-900 (358) from Altavair AirFinance.
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US DOT

Jan 04, 2024
US DOT says 2023 was busiest year for air travel ever; there were 16.3m flights with cancellation rate lowest in decade.
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AERCAP

Jan 05, 2024
AERCAP completed 953 transactions (592 lease agreements/173 purchases/188 sales) in 2023, including 267 in 4Q23, vs 895 transactions (570 lease agreements/118 purchases/207 sales) in 2022; it signed financing deals for $13.3b.
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ENVOY

Jan 05, 2024
ENVOY (American Eagle) plans in 2024 to add 19 more E-Jets to increase its fleet to 169: 126 E175s and 43 E170s.
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LEIDOS

Jan 05, 2024
LEIDOS successfully deployed new Flight Service Voice Communications System (FSVCS) using Voice over Internet Protocol (VoIP) technology for US National Airspace.
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AIR SERBIA

Jan 05, 2024
AIR SERBIA agreed to lease three ATR 72-600s (TBA) from Nordic Aviation Capital.
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AERGO CAPITAL

Jan 05, 2024
AERGO CAPITAL completed 29 lease placement/extensions in 2023 and ended year with 141 assets under management.
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AKASA AIR

Jan 05, 2024
AKASA AIR, India added two more 737-8s (66148/66149; originally due to URAL), increasing MAX fleet to 22 aircraft.
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ALAFCO

Jan 05, 2024
ALAFCO lost KD1.2m on KD35.9m revenues for year ended Sept 30. It ended year with 51 aircraft (18 widebodies).
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SKY VISION AIRLINES

Jan 05, 2024
SKY VISION AIRLINES, Egypt is expected to lease A320P2F (2724; ex-Orange2Fly) from Vaayu Group, UAE.
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NORSE ATLANTIC AIRWAYS

Jan 05, 2024
NORSE ATLANTIC AIRWAYS plans in mid-2024 to begin London Gatwick-Las Vegas (787-9).
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UNITED AIRLINES

Jan 05, 2024
UNITED AIRLINES submitted plans to build new 12-bay flight simulator facility on 113-acre site at Denver International Airport for late 2027.
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SPIRIT AIRLINES

Jan 05, 2024
SPIRIT AIRLINES announced it completed a series of SLB transactions for 25 aircraft, resulting in repayment of approximately $465m of indebtedness on those aircraft and net cash proceeds to the company of approximately $419m.
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THAI AIRWAYS

Jan 05, 2024
THAI AIRWAYS shut down THAI SMILE and assumed its operations, which consisted of LCC services with 20 A320s.
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ATLANTA HARTSFIELD

Jan 05, 2024
ATLANTA HARTSFIELD handled 8.7m pax in Nov, up 7.7% vs Nov 2022.
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RYANAIR

Jan 05, 2024
RYANAIR plans June 2 to begin twice-weekly Faro-Budapest (737).
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CHINA SOUTHERN AIRLINES

Jan 05, 2024
CHINA SOUTHERN AIRLINES plans January 16 to begin five-times-weekly Shenyang-Bangkok (A320neo).
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ZIPAIR

Jan 05, 2024
ZIPAIR took delivery of its eighth 787-8 (34838) from parent JAL Group for LCC operations on Tokyo Narita-Bangkok.
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JETBLUE

Jan 05, 2024
JETBLUE began daily Fort Lauderdale-Tallahassee, FL (A320).
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AEROITALIA

Jan 05, 2024
AEROITALIA plans March 25 to begin six-times-weekly Milan Bergamo-London Southend (737-800).
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AJET

Jan 05, 2024
AJET (Turkish Airlines) secured its AOC for startup in March 2024, replacing Anadolu Jet under plan to expand operations (SPNWS; Dec 1).
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PORTER AIRLINES

Jan 05, 2024
PORTER AIRLINES sold three more E195-E2s to Avolon for leaseback on top of deal for 10 announced at Paris Air Show.

Aerospace

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CRANE COMPANY

Jan 05, 2024
CRANE COMPANY acquired VIAN ENTERPRISES, CA (lubrication pumps/components) for $103m.
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KINETIC ENGINE SYSTEMS

Jan 05, 2024
KINETIC ENGINE SYSTEMS was formed by Arlington Capital Partners by merging Cadence Aerospace with newly acquired Numet, AeroCision and Walbar for manufacturing engine components, including housings, manifolds, airfoils, blades, vanes, seal segments, cases, rings and other mission-critical components, out of six facilities in US and Canada.
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SURF AIR MOBILITY

Jan 05, 2024
SURF AIR MOBILITY was selected by Africa's Safarilink and Yellow Wings Air Services to supply electric powertrains for their Cessna Caravans under partnership with Textron Aviation; systems are expected to be installed by 2027.
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MUBEA GROUP

Jan 05, 2024
MUBEA GROUP, Germany acquired RUAG AEROSTRUCTURES GERMANY & HUNGARY from RUAG International.

Business Aviation

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SIGNATURE AVIATION

Jan 03, 2024
SIGNATURE AVIATION acquired MERIDIAN (FBOs at Teterboro, NJ/Hayward, CA) to add to its network of >200 FBOs.

Defense

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STERLING ENGINEERING

Jan 04, 2024
STERLING ENGINEERING (Air Industries Group) announced it secured two contracts worth $3.2m to supply F-135 engine components starting early 2024.
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AAR

Jan 05, 2024
AAR has new multi-year agreement with Ontic to distribute select military products to US DOD, with exclusivity on specified parts.

MRO

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SETNA IO

Jan 03, 2024
SETNA IO, Chicago has acquired ex-Lion Air 737-900ER (TBA) for part out. It also secured $185m revolving credit facility to expand its team, improve facilities, and make strategic inventory acquisitions to support the global fleet.
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DASI

Jan 03, 2024
DASI agreed to purchase four CF34-10Es from Nordic Aviation Capital.
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DAE ENGINEERING

Jan 04, 2024
DAE ENGINEERING completed >300 maintenance checks (1.4m billable man hours) in 2023 vs 315 (1.3m) in 2022.
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AVION EXPRESS

Jan 04, 2024
AVION EXPRESS says it has integrated an Electronic Technical Log (ETL) system across its entire fleet, replacing paper logbooks.
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FLIGHTCHECK COMMERCIAL AVIATION SERVICES

Jan 04, 2024
FLIGHTCHECK COMMERCIAL AVIATION SERVICES, IL acquired KEENAN TECHNICAL INDUSTRIES (MRO), CT.
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SAUDIA TECHNIC

Jan 05, 2024
SAUDIA TECHNIC secured significant investment from Saudi Arabia's PIF to expand its MRO operation, which includes development of an approximately 1m sq meter MRO village, including a state-of-the-art jet propulsion center.
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STS AVIATION GROUP

Jan 05, 2024
STS AVIATION GROUP is moving its 145 component/seat repair operations from Shannon, Ireland to Manchester, UK.
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SWISS AVIATIONSOFTWARE

Jan 05, 2024
SWISS AVIATIONSOFTWARE (Swiss-AS) acquired full ownership of its AMOS offices in Miami, Singapore, and Tokyo from Lufthansa Systems.
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SAA TECHNIC

Jan 05, 2024
SAA TECHNIC was selected by SunExpress to maintain two 737-800s on lease to South African Airways; SunExpress sent technical team to assist.

Who'sNews

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WHO'SNEWS: ODAA

Jan 03, 2024
Sandra Shelton to Director of Government Affairs, Industry Development, and Communications of the Oklahoma Department of Aerospace and Aeronautics (ODAA).
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WHO'SNEWS: TURKISH AIRLINES

Jan 03, 2024
Ali Türk to Chief Cargo Officer of Turkish Airlines.
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WHO'SNEWS: TURKISH AIRLINES

Jan 03, 2024
Mehmet Akif Konar to Chief Operational Officer of Turkish Airlines.
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WHO'SNEWS: AIAA

Jan 04, 2024
Dan Dumbacher, CEO of the AIAA, announced plan to step down on September 30; a search for successor is underway.
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WHO'SNEWS: WESTERN AIR

Jan 04, 2024
Sherrexcia "Rexy" Rolle to President, CEO & Accountable Manager of Western Air, Bahamas.
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WHO'SNEWS: CONDOR

Jan 04, 2024
Heiko Holm to Chief Technical Officer of Condor (effective March 4), establishing its technical division as an independent department.
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WHO'SNEWS: GAMA

Jan 04, 2024
Chuck Wiplinger, President and CEO of Wipaire, to Chairman of the Board of GAMA for 2024; Henry Brooks, of Collins, to Vice Chair.
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WHO'SNEWS: AE INDUSTRIAL PARTNERS

Jan 05, 2024
Florent 'Flo' Groberg to Vice President-Portfolio Strategy and Optimization Group of AE Industrial Partners, FL.
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WHO'SNEWS: WORLD STAR AVIATION

Jan 05, 2024
Steve Hayes to Head of Technical of World Star Aviation, UK.
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WHO'SNEWS: CITATION JET PILOTS OWNER PILOT ASSOCIATION

Jan 05, 2024
Rob Balzano to Chief Executive Officer of the Citation Jet Pilots Owner Pilot Association (CJP), FL.
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WHO'SNEWS: THRIVE AVIATION

Jan 05, 2024
Michelle Adair to Vice President of Sales of Thrive Aviation, Las Vegas.
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WHO'SNEWS: THRIVE AVIATION

Jan 05, 2024
Henry Hage to Vice President of Aircraft Maintenance and Ground Operations of Thrive Aviation, Las Vegas.
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WHO'SNEWS: THRIVE AVIATION

Jan 05, 2024
Rickey Oswald to Chief Operating Officer of Thrive Aviation, Las Vegas.
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WHO'SNEWS: THRIVE AVIATION

Jan 05, 2024
Stuart Edenfield to Vice President of Flight Operations of Thrive Aviation, Las Vegas.
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WHO'SNEWS: THRIVE AVIATION

Jan 05, 2024
Nate Nelson to Vice President of Finance of Thrive Aviation, Las Vegas.