Subscription Required

 

SpeedNews - January 12, 2024 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.

 

 

Aerospace

article

EDMO DISTRIBUTORS

Jan 06, 2024
EDMO DISTRIBUTORS was appointed by Capital Avionics as distributor of CA-420 Digital Sight Compass System for aircraft compass system testing.
article

FAA

Jan 09, 2024
FAA ordered immediate inspections of certain 737-9s after an optional door plug detached from ALASKA AIRLINES aircraft during mid-air incident on January 5; an auto-pressurization fail light had illuminated three times in recent weeks. SPIRIT AEROSYSTEMS is working with BOEING on matter.
article

COMPLY365 and VISTAIR

Jan 09, 2024
COMPLY365 and VISTAIR completed merger to create a single supplier, owned by LIBERTY HALL CAPITAL PARTNERS and INSIGHT PARTNERS, of compliance, safety and data intelligence technologies. Houlihan Lokey advised Vistair.
article

AMFIL AVIATION CONSULTING and CELTIC AEROSPACE & BUSINESS STRATEGIES

Jan 09, 2024
AMFIL AVIATION CONSULTING and CELTIC AEROSPACE & BUSINESS STRATEGIES teamed to offer enhanced levels of revenue and growth potential, supported by business support services and increased international market exposure.
article

AVTECH SWEDEN

Jan 09, 2024
AVTECH SWEDEN was selected by SAS to provide ClearPath flight optimization service over next two years; deal is valued at SEK5m-6.5m.
article

ARTEMIS AEROSPACE

Jan 09, 2024
ARTEMIS AEROSPACE opened two hubs in US in Miami and Los Angeles.
article

IFS

Jan 09, 2024
IFS was selected by Kongsberg Aviation Maintenance Services to provide IFS Cloud to streamline efficiency and build long-term asset resilience.
article

ALASKA AIRLINES and UNITED AIRLINES

Jan 10, 2024
ALASKA AIRLINES and UNITED AIRLINES both found loose hardware in optional door plugs on some grounded 737-9s during mandatory inspections following mid-air incident on January 5.
article

BOEING

Jan 10, 2024
BOEING delivered 67 commercial aircraft (44 737 MAXs; 737NG; seven 767s; four 777Fs; 11 787s) in December vs 69 (53 737 MAXs; 737NG; two 767s; three 777Fs; 10 787s) in December 2022; and 528 aircraft (387 MAXs; nine 737NGs; 747F; 32 767s; 26 777s; 73 787s) in 2023 vs 480 (374 MAXs; 13 737NGs; five 747Fs; 33 767s; 24 777s; 31 787s) in 2022.
article

GKN AEROSPACE

Jan 11, 2024
GKN AEROSPACE is investing £50m to develop additive fabrication technology in Trollhättan, Sweden for producing sustainable aero-engine components with minimized raw material waste, energy use and shipping within production.
article

AIRBUS

Jan 11, 2024
AIRBUS is establishing a ZEROe development center in Stade, Germany to focus on development of composite materials for hydrogen systems such as liquid hydrogen tanks.
article

SUPERNAL

Jan 11, 2024
SUPERNAL (Hyundai) unveiled 5-seat S-A2 eVTOL with V-tail and eight tilting rotors; aircraft, to fly in '24, is designed to cruise at 125 mph at 1,500 ft.
article

COMAC

Jan 11, 2024
COMAC delivered 19 ARJ21s/three C919s in 2023 vs 34/1 in 2022; it now has 464 ARJ21s and 794 C919s on backlog.
article

PTC INDUSTRIES and NASMYTH

Jan 11, 2024
PTC INDUSTRIES and NASMYTH signed MOU to collaborate on development of casting, machining, assembly and thermal precision engineering capabilities in India under the ‘Make in India’ Atmanirbhar Bharat program.
article

AIAA

Jan 11, 2024
AIAA formed the Aerospace Artificial Intelligence (AI) Advisory Group to advance the appropriate use of AI technology.
article

LILIUM and FRAPORT

Jan 11, 2024
LILIUM and FRAPORT agreed to explore required planning and approval steps for infrastructure for start of commercial eVTOL operations at airports.
article

SAFRAN

Jan 12, 2024
SAFRAN was selected by VoltAero to supply electrical wiring for Cassio 330 propulsion and power distribution systems.
article

AIRBUS

Jan 12, 2024
AIRBUS delivered 112 commercial aircraft (11 A220s; 81 A320neo Family; six A330s; and 14 A350s) in December 2023 vs 98 (eight A220s; 76 A320neo Family; four A330s; and 10 A350s) in December 2022; and 735 (68 A220s; 571 A320neo Family; 32 A330s; and 64 A350s) in 2023 vs 661 (53 A220s; 516 A320neo Family; 32 A330s; and 60 A350s) in 2022.
article

FAA

Jan 12, 2024
FAA formally notified Boeing that it is conducting an investigation to determine if Boeing failed to ensure completed products conformed to its approved design and were in a condition for safe operation in compliance with FAA regulations.

Air Transport

article

ARKIA

Jan 06, 2024
ARKIA is expected to secure $17m in new capital from Naksh brothers/Israeli Govt, reducing employee stake to 23.4%.
article

INTERCARIBBEAN AIRWAYS

Jan 06, 2024
INTERCARIBBEAN AIRWAYS plans February 6 to begin Bridgetown, Barbados-Kingston, Jamaica (CRJ700).
article

US DOT

Jan 06, 2024
US DOT says US airlines operated 633,349 flights in Oct 2023, up 7.3% vs Oct 2022; on-time arrival rate was 84.1%.
article

SKYUP AIRLINES MALTA

Jan 06, 2024
SKYUP AIRLINES MALTA wet-leased (ACMI) two A320-200s (3378/3461) from Fly2Sky for operation out of Egypt.
article

ASUR

Jan 06, 2024
ASUR reports 2023 pax traffic was up 10% in Mexico vs 2022.
article

AIR TRANSAT

Jan 09, 2024
AIR TRANSAT reached tentative agreement with its CUPE to renew CBA for its 2,100 flight attendants.
article

AIRASIA X

Jan 09, 2024
AIRASIA X agreed to acquire Capital A's aviation business, including AIRASIA and AIRASIA AVIATION GROUP; move positions AAX to become overarching regional aviation provider for all short-/medium-haul routes under AirAsia brand.
article

AIR INDIA

Jan 09, 2024
AIR INDIA took delivery of ex-Etihad 777-300ER (39689) on lease from Altavair (SPNWS; March 31).
article

ICELANDAIR

Jan 09, 2024
ICELANDAIR agreed to lease a fifth new A321LR from SMBC Aviation Capital for delivery in 1Q26.
article

AIRBUS BELUGA

Jan 09, 2024
AIRBUS BELUGA, operated by Airbus Transport Intl, secured its own AOC for out-sized air cargo services; it has three BelugaXLs (fourth due in 2024).
article

SOUTHERN AIRWAYS

Jan 09, 2024
SOUTHERN AIRWAYS (Surf Air Mobility) plans in May 2024 to begin Williamsport, PA-Washington Dulles (Caravan).
article

AVOLON

Jan 10, 2024
AVOLON delivered/leased 22 new aircraft, and executed 43 lease transactions, in 4Q23 (vs 25 and 75 respectively in 4Q22) and ended year with owned/managed/committed fleet of 1,035 aircraft (vs 834). It also signed LOIs for 14 SLBs.
article

ALC

Jan 10, 2024
ALC delivered 22 new aircraft (six A220s; A320neo; eight A321neos; two A330-900s; two 737-8s; three 737-9s) on lease in 4Q22 vs 16 in 4Q22 and ended year with owned/managed/committed fleet of 875 aircraft vs 900 a year ago.
article

EVA AIR

Jan 10, 2024
EVA AIR, Taiwan finalized previously announced order for 18 A350-1000s and 15 A321neos for delivery in 2026-2032.
article

AAPA

Jan 10, 2024
AAPA members carried 25.1m pax in November, up 76.9% vs Nov 2022; demand was 80.9% of 2019. Cargo rose 8.4%.
article

AIR FRANCE

Jan 10, 2024
AIR FRANCE sold third/fourth new A350-900s to Griffin Global Asset Management for leaseback.
article

TRANSAVIA FRANCE

Jan 10, 2024
TRANSAVIA FRANCE took delivery of LEAP-powered A320neo (11918) on lease from Avolon.
article

INVESTEC BANK

Jan 10, 2024
INVESTEC BANK purchased A350-900 (278; leased to SINGAPORE AIRLINES) from Aergo Capital.
article

TAROM

Jan 10, 2024
TAROM, Romania signed LOI to lease two 737 MAXs for delivery in August 2025; source was not disclosed.
article

ALASKA AIRLINES and HAWAIIAN AIRLINES

Jan 11, 2024
ALASKA AIRLINES and HAWAIIAN AIRLINES filed premerger forms with the US DOJ and FTC, kicking off an antitrust clearance waiting period set to expire Feb 7; if terminated early or expired without challenge, the deal is free to close.
article

BREEZE

Jan 11, 2024
BREEZE plans 2Q24 to begin San Diego-Cincinnati/-Jacksonville/-Norfolk/-Raleigh-Durham/-Pittsburgh (A220).
article

IATA

Jan 11, 2024
IATA reports y-o-y global pax traffic was up 29.7% in December on 28.6% higher capacity; cargo rose 8.3% on 13.7% higher capacity. It says global pax traffic is now at 99.1% of pre-COVID levels (international 94.5%/domestic 106.7%).
article

AIR SERBIA

Jan 11, 2024
AIR SERBIA plans in April to begin seasonal three-times-weekly Belgrade-Mostar, Bosnia and Herzegovina (E175).
article

ISLAND AVIATION SERVICES

Jan 11, 2024
ISLAND AVIATION SERVICES issued RFP to provide one 787-8 on dry lease to MALDIVIAN for six years from 2Q24.
article

BOEING

Jan 11, 2024
BOEING booked orders in December from unidentified customers for 156 737 MAXs, two 777Fs and 45 787-9s. It secured 1,456 orders (987 737 MAXs, 30 767-2Cs, 10 777Fs, 116 777Xs and 313 787s) in 2023 vs 935 in 2022.
article

TURKISH AIRLINES

Jan 11, 2024
TURKISH AIRLINES leased ex-Avianca A330-200 (1400) with Trent 700s from Wings Capital Partners.
article

CRESTONE AIR PARTNERS

Jan 11, 2024
CRESTONE AIR PARTNERS agreed to acquire three 737-800SFs; first (32903; leased to ETHIOPIAN) was delivered.
article

UNIVERSAL AIR

Jan 11, 2024
UNIVERSAL AIR, Malta took delivery of its first Dash 8-400 (4411; ex-Flybe); three more are expected (SPNWS; Aug 11).
article

LITHUANIA

Jan 11, 2024
LITHUANIA is reportedly negotiating with Latvia to acquire a stake in AIRBALTIC, which is considering an IPO.
article

AMERIJET INTL

Jan 11, 2024
AMERIJET INTL completed financial/operational restructuring that includes returning its six 757s to lessors, modifying go-forward obligations on its 767s, and receiving $55m capital infusion from existing lenders. It now has all-767 fleet.
article

SKY EXPRESS

Jan 12, 2024
SKY EXPRESS, Greece took delivery of new ATR 72-600 (1676) as part of firm order for two from IOGR Group.
article

BOC AVIATION

Jan 12, 2024
BOC AVIATION executed 35 lease commitments in 4Q23 and 142 in 2023 vs 13 in 4Q22 and 78 in 2022. It ended year with owned/managed/committed fleet of 684 aircraft (vs 633 a year ago) with 99% owned aircraft utilization at end '23.
article

AIRCASTLE

Jan 12, 2024
AIRCASTLE had $25.6m net income on $238.7m revenues in third quarter ended Nov 30 vs $50.1m on $257.5m a year ago; it has $2.8b in liquidity and 245 owned/managed aircraft (198 unencumbered with net book value of $5.4b) vs 250.
article

ATLAS AIR

Jan 12, 2024
ATLAS AIR took delivery of fourth (67995) of four 777-200LRFs for operation for MSC MEDITERRANEAN SHIPPING.
article

FARCARO

Jan 12, 2024
FARCARO, Faroe Islands purchased 757-200PCF (32379; ex-American) from AerSale.
article

GRIFFIN GLOBAL ASSET MANAGEMENT

Jan 12, 2024
GRIFFIN GLOBAL ASSET MANAGEMENT issued additional $300m in senior unsecured notes, increasing bond to $700m.
article

ASCEND AIRWAYS

Jan 12, 2024
ASCEND AIRWAYS, UK leased ex-KlasJet 737-800 (38175) from Air Lease Corporation.
article

AVIANCA

Jan 12, 2024
AVIANCA plans March 31 to begin four-times-weekly Bogota-Montreal (A320).
article

RYANAIR

Jan 12, 2024
RYANAIR is expecting that it will be 5-10 aircraft (737-8200s) short for peak Summer 2024 season due to delivery delays
article

PAKISTAN INTERNATIONAL AIRLINES

Jan 12, 2024
PAKISTAN INTERNATIONAL AIRLINES added another A320-200 to its fleet (source/msn TBA); Pakistan's Privatisation Commission (PC) also approved transaction structure to sell minimum 51% stake in the airline on its 68th anniversary.
article

ALAFCO

Jan 12, 2024
ALAFCO received shareholder approval to sell 23 aircraft to MACQUARIE AIRFINANCE for US$1.15b (SPNWS; Dec 9).
article

AMERIGN ASSET MANAGEMENT

Jan 12, 2024
AMERIGN ASSET MANAGEMENT has acquired 5-narrowbody aircraft portfolio from Valkyrie, increasing fleet to nine.
article

JFK

Jan 12, 2024
JFK handled 4.9m pax in November, up 3.8% vs November 2022.
article

NEWARK

Jan 12, 2024
NEWARK handled 3.9m pax in November, up 4.6% vs November 2022.
article

CANADA JETLINES

Jan 12, 2024
CANADA JETLINES leased ex-MYAirline A320-200 (5661) with CFM56s from Aviation Capital Group. It now has six.
article

CEBU PACIFIC

Jan 12, 2024
CEBU PACIFIC agreed to lease two new ATR 72-600s from Nordic Aviation Capital; deliveries were not disclosed.
article

AIRBUS

Jan 12, 2024
AIRBUS booked orders in December from unidentified customers for 149 A320neo Family aircraft and 10 A220s. It secured 2,319 orders (142 A220s; 1,835 A320neo Family; 42 A330s; and 300 A350s) in 2023 vs 1,078 in 2022.

Defense

article

LOCKHEED MARTIN and NASA

Jan 06, 2024
LOCKHEED MARTIN and NASA plan January 12 to roll out X-59 experimental supersonic aircraft at Palmdale, CA; NASA's Quesst team plans to select several U.S. communities to fly the aircraft and gather data on how people perceive the sound it produces and use data to adjust the current rules that prohibit commercial supersonic flight over land.

Business Aviation

article

AIRCRAFT MANAGEMENT SOLUTIONS

Jan 09, 2024
AIRCRAFT MANAGEMENT SOLUTIONS (AMS), NV was established by AEROCOR to provide business jet management.
article

ELLIOTT AVIATION

Jan 09, 2024
ELLIOTT AVIATION, IL completed its first Garmin Autoland (G1000 NXI Platform) upgrade on a King Air B200.
article

JOBY AVIATION

Jan 09, 2024
JOBY AVIATION signed a definitive agreement with Clay Lacy Aviation to install Southern California’s first electric air taxi charger at John Wayne Airport (SNA) in Orange County, CA.
article

NICHOLAS AIR

Jan 10, 2024
NICHOLAS AIR, MS added a G600 to its STEEL JET membership program. It also has Phenoms, Citations and Challengers.
article

AVFUEL

Jan 10, 2024
AVFUEL added AERO CENTER SPOKANE and AERO CENTER FELTS FIELD in Spokane to its branded network of FBOs.
article

5x5 TRADING

Jan 10, 2024
5x5 TRADING was established by former Wheels Up executives to provide aircraft brokerage and advisory services; it signed Wheels Up to 3-year deal for acquisition and disposition services, plus input on fleet planning requirements.
article

AEROLEDS

Jan 11, 2024
AEROLEDS, ID has FAA STC to install LED navigation, strobe, position and beacon lights on Part 23 aircraft models.
article

JETLOAN CAPITAL

Jan 11, 2024
JETLOAN CAPITAL, FL says it arranged loan funding for 59 aircraft/yachts worth $125m in 2023, about the same as '22.
article

ACI JET

Jan 11, 2024
ACI JET, CA successfully completed an IS-BAO Stage 3 renewal audit of its flight operations; it has 18 aircraft.

MRO

article

321 PRECISION CONVERSIONS

Jan 09, 2024
321 PRECISION CONVERSIONS has EASA approval for its A321-200 freighter conversion.
article

EXECUJET MRO SERVICES MIDDLE EAST

Jan 11, 2024
EXECUJET MRO SERVICES MIDDLE EAST completed heavy check/mods, including cabin refurb, on a Global 6000.
article

ONFLIGHT

Jan 11, 2024
ONFLIGHT, Cincinnati was appointed by Embraer Executive Jets as an authorized service center.
article

SKYCELL

Jan 11, 2024
SKYCELL was selected by Air France KLM Martinair Cargo to provide ULD tracking.
article

SWISS-AS

Jan 12, 2024
SWISS-AS was selected by Turkey's SunExpress to provide AMOSeTL electronic Techlog solution; it is adding new Cabin Mode feature.
article

URAL AIRLINES

Jan 12, 2024
URAL AIRLINES has decided to part out A320-200 (2166) that made emergency landing in field in Russia on Sept 12.

Who'sNews:

article

WHO'SNEWS: RAYTHEON

Jan 06, 2024
Phil Jasper to President of Raytheon, Arlington, VA.
article

WHO'SNEWS: STS LINE MAINTENANCE

Jan 06, 2024
Gary Pratt to Senior Vice President and General Manager of STS Line Maintenance, FL.
article

WHO'SNEWS: FRANKFURT CARGO SERVICES

Jan 09, 2024
Federico Mosqueira to Director of Operations of Frankfurt Cargo Services, Germany.
article

WHO'SNEWS: AJW CAPITAL

Jan 09, 2024
Erlendur Svavarsson to Chief Executive Officer of AJW Capital, UK.
article

WHO'SNEWS: NOVUS AVIATION CAPITAL

Jan 09, 2024
Yuana Sung to Executive Vice President of Novus Aviation Capital, UAE.
article

WHO'SNEWS: AIRCRAFT MANAGEMENT SOLUTIONS

Jan 09, 2024
Garrett Woodman to President of Aircraft Management Solutions, Las Vegas.
article

WHO'SNEWS: JETBLUE AIRWAYS

Jan 10, 2024
Joanna Geraghty to Chief Executive Officer of JetBlue Airways (effective Feb 12); Robin Hayes is retiring.
article

WHO'SNEWS: JETSTAR ASIA

Jan 10, 2024
John Simeone to Chief Executive Officer of Jetstar Asia, Singapore.
article

WHO'SNEWS: CAPITAL A

Jan 10, 2024
Chester Voo to Deputy Group CEO-Airline Operations of Capital A, Malaysia; Frank Kamal to Deputy Group CEO-Corporate.
article

WHO'SNEWS: GULFSTREAM AEROSPACE

Jan 10, 2024
Amy Ariano to Senior Vice President/Chief People Officer of Gulfstream Aerospace.
article

WHO'SNEWS: ZEPHYRUS AVIATION

Jan 11, 2024
Damon D’Agostino has resigned as Chief Executive Officer of Zephyrus Aviation; no replacement has been named.
article

WHO'SNEWS: AVIATION MAINTENANCE PROFESSIONALS

Jan 11, 2024
Tony Raines to Senior Sales Manager of Aviation Maintenance Professionals, Dallas.
article

WHO'SNEWS: DAHER

Jan 12, 2024
Cédric Eloy to Head of the Industrial Services Division of Daher, France.
article

WHO'SNEWS: DAHER

Jan 12, 2024
Aymeric Daher to Head of the Logistics Division of Daher, France (effective February 1).
article

WHO'SNEWS: FINNAIR

Jan 12, 2024
Turkka Kuusisto to Chief Executive Officer of Finnair.
article

WHO'SNEWS: ACI WORLD

Jan 12, 2024
Candace McGraw, CEO of Cincinnati/Northern Kentucky International Airport (CVG), to Chair of ACI World.
article

WHO'SNEWS: STRATOS

Jan 12, 2024
Nate Graddy to Vice President-Business Development, based in Tokyo, of Stratos.