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Aerospace

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ROLLS-ROYCE

Jan 13, 2024
ROLLS-ROYCE signed 5-year deal with Aerogility for AI-based solution to develop highly complex forecasts for safe and trusted business decisions.
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HONEYWELL

Jan 13, 2024
HONEYWELL renewed its contract with Lufthansa Group for flight efficiency software; new deal adds Lufthansa Cityline as a new user.
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EQUIPMAKE

Jan 16, 2024
EQUIPMAKE, UK was selected by H55 to develop 100kW fully certified Electric Propulsion System (EPS) for 2-seat Bristell B23 Energic electric trainer being developed in partnership with BRM AERO; certification is planned in 2024.
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DEUTSCH AIRCRAFT

Jan 16, 2024
DEUTSCHE AIRCRAFT purchased two Dornier 328-110s (3098/3101) from Loganair; Airstream arranged transaction.
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EUROPEAN REGIONS AIRLINE ASSOCIATION

Jan 16, 2024
EUROPEAN REGIONS AIRLINE ASSOCIATION (ERA) added IFPL Group, UK as new supplier member.
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CPaT GLOBAL

Jan 16, 2024
CPaT GLOBAL, TX was selected by Lion Group Training Center to provide distance learning systems for ATR, A320, A330, and 737 pilot training. PT. Mitra Aviasi Perkasa served as CPaT's representative in Indonesia.
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HORIZON AIRCRAFT

Jan 16, 2024
HORIZON AIRCRAFT (Robinson Aircraft) completed business combination with PONO CAPITAL THREE and will now operate as publicly-traded company, on NASDAQ, as NEW HORIZON AIRCRAFT to develop a hybrid eVTOL aircraft.
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SUNSHINE AVIONICS (HEICO)

Jan 17, 2024
SUNSHINE AVIONICS (HEICO) acquired exclusive license and key assets from Honeywell to support 737NG/777 cockpit displays and legacy display product lines.
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ZEROAVIA and VERNE

Jan 17, 2024
ZEROAVIA and VERNE teamed to explore use of cryo-compressed hydrogen (denser form of hydrogen) for aircraft.
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BOEING

Jan 17, 2024
BOEING announced immediate actions to bolster QA and controls in 737 production: More quality inspections; Additional training; Reviewing work by Spirit AeroSystems; Opening factories to operators; and Independent audits/assessments.
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IDEX

Jan 17, 2024
IDEX has acquired STC MATERIAL SOLUTIONS, VT (ceramics/hermetic sealing) in deal arranged by Houlihan Lokey.
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RTC AEROSPACE

Jan 17, 2024
RTC AEROSPACE, CA has acquired VANDERHORST BROTHERS INDUSTRIES, Simi Valley, CA (precision components).
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PENTAGON 2000 SOFTWARE

Jan 18, 2024
PENTAGON 2000 SOFTWARE was selected by Aviation Inventory Repair to provide 2000SQL to automate procedures and support customer growth.
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IBASE-T

Jan 18, 2024
iBASE-T, CA was selected by Ratier-Figeac (Collins Aerospace) to provide software to digitize processes at Figeac, France and Casablanca, Morocco.
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ACL AIRSHOP

Jan 18, 2024
ACL AIRSHOP expanded its ULD provision agreement with Silk Way West Airlines.
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FAA

Jan 18, 2024
FAA says it is now reviewing data from first 40 737-9 inspections to approve inspection/maintenance process for return to service. It is also investigating Boeing’s manufacturing practices/production lines, including those involving Spirit AeroSystems
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ARCHER AVIATION and ATLANTIC AVIATION

Jan 18, 2024
ARCHER AVIATION and ATLANTIC AVIATION signed MOU to establish sites for electric aircraft operations, including Archer’s Midnight air taxi, in Los Angeles/New York City metro areas, along with Northern California and South Florida.
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AERO ENGINE SOLUTIONS

Jan 18, 2024
AERO ENGINE SOLUTIONS was selected by Allegiant Air to provide CFM56-5B engine and parts management program.
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WIELAND

Jan 18, 2024
WIELAND is investing $500m to expand and modernize its copper alloy product manufacturing facility at East Alton, IL
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SURF AIR

Jan 18, 2024
SURF AIR was selected by Z.Boskovic Air Charters, Kenya to upgrade 15 Cessna Caravans with electric powertrains.
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JOBY AVIATION

Jan 18, 2024
JOBY AVIATION and ATLANTIC AVIATION agreed to establish sites, including the installation of Joby’s Global Electric Aviation Charging System (GEACS), for electric air taxi operations in Los Angeles/New York City metropolitan areas.
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AIDA

Jan 18, 2024
AIDC announced that it has completed the initial design of a PT6A-68B-powered basic trainer aircraft to fill requirement of the Republic of China Air Force (ROCAF) to replace 40 Beechcraft T-34C aircraft by 2033.
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BARNES GROUP

Jan 18, 2024
BARNES GROUP sold automotive assets (Associated Spring and Hänggi) to One Equity Partners to focus on aerospace; deal is expected to net $150m.
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AIRBUS

Jan 18, 2024
AIRBUS successfully powered on its ZEROe iron pod (hydrogen-propulsion system), includes electric motors and cooling units, at 1.2 MW; it says test is pivotal step on roadmap to put a hydrogen-propulsion aircraft into service by 2035.
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MEHAIR

Jan 19, 2024
MEHAIR, India ordered 20 ZeroAvia ZA600 hydrogen-electric engines for upcoming fleet of 10 Cessna Caravans.

Air Transport

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DELTA AIR LINES

Jan 13, 2024
DELTA AIR LINES ordered 20 A350-1000s for delivery starting in 2026, and optioned 20. It also has six -900s on order.
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TUS AIRWAYS,

Jan 13, 2024
TUS AIRWAYS, Cyprus secured investment from HOLIDAY LINES GROUP (Bluebird Airways) for 33% stake in airline.
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DELTA AIR LINES

Jan 13, 2024
DELTA AIR LINES had $2b net income on $14.2b revenues in 4Q23 vs $828m on $13.4b in 4Q22; and $4.6b net income on record $58b revenues in 2023 vs $1.3b on $50.6b in 2022. It ended year with $6.8b in total liquidity and is expecting record March quarter revenue on improving domestic environment and continued strength in international demand.
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CARGOJET

Jan 16, 2024
CARGOJET terminated commitment with Mammoth Freighters for four 777 freighter conversions and will continue to operate fleet of 757Fs (15 in 2024) and 767Fs (25). It has retained rights to provide optionality for future conversion slots.
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MALAYSIA AIRLINES

Jan 16, 2024
MALAYSIA AIRLINES took delivery of new 737-8 (66440) on lease from Air Lease Corporation.
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JET2

Jan 16, 2024
JET2, UK leased ex-Pegasus 737-800 (41767) from BOC Aviation.
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SPICEJET

Jan 16, 2024
SPICEJET, India received Board approval to proceed with US$270m equity infusion via private placement of new shares.
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ENTEBBE AIRWAYS

Jan 16, 2024
ENTEBBE AIRWAYS, Uganda plans 1H24 startup of charter operations with two 777-200s (third due by end of 2024).
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NORWEGIAN AIR SHUTTLE

Jan 16, 2024
NORWEGIAN AIR SHUTTLE completed acquisition of WIDERØE for NOK1.125b, subject to certain adjustments.
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NAV CANADA

Jan 16, 2024
NAV CANADA reports y-o-y traffic increase of 8.3% in December 2023.
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VOLARIS

Jan 16, 2024
VOLARIS, Mexico is projecting y-o-y ASM decrease of 16-18% in 2024 due to A320neo groundings for GTF removals.
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HELVETIC AIRWAYS

Jan 16, 2024
HELVETIC AIRWAYS agreed to lease four E195-E1s (TBA) from Azorra from mid-2024, increasing E-Jet fleet to 22.
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INVESTEC and BAYERNLB

Jan 17, 2024
INVESTEC and BAYERNLB closed $130.2m deal to finance 15 narrowbodies managed by Aero Capital Solutions (ACS).
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LONDON HEATHROW

Jan 17, 2024
LONDON HEATHROW handled 6.7m pax in December, up 12.7% from Dec 2022, and 79.2m pax in 2023, down 2.1% from record 80.9m in 2019.
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FRANKFURT AIRPORT

Jan 17, 2024
FRANKFURT AIRPORT handled 4.6m pax in December, up 15.2% from Dec 2022; and 59.4m pax in 2023, down 16% from record 70.5m in 2019.
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AIR FRANCE-KLM and CMA CGM

Jan 17, 2024
AIR FRANCE-KLM and CMA CGM are withdrawing from their existing commercial cargo agreements from March 31 due to tight regulatory environment in certain markets; they have begun discussions on new terms to operate independently.
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SKY EXPRESS

Jan 17, 2024
SKY EXPRESS, Greece took delivery of second ATR 72-600 (1684) as part of firm order for two from IOGR Group.
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AIR SERBIA

Jan 17, 2024
AIR SERBIA carried record 4.19m pax in 2023, up 44% vs 2022.
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GOAL

Jan 17, 2024
GOAL reports in 2023 it signed leases for eight aircraft, delivered five, transitioned five to new lessees, signed one lease extension and sold eight aircraft. It ended year with owned/managed/committed fleet of 68 aircraft vs 63 a year ago.
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PORTER AIRLINES

Jan 17, 2024
PORTER AIRLINES began daily Toronto Pearson-Los Angeles (E195-E2).
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MODERN LOGISTICS

Jan 17, 2024
MODERN LOGISTICS, Brazil plans to place its first 737-800BCF (33566; ex-Ryanair), on lease from BBAM, into service in February 2024; a second 737-800 (33550; ex-Ryanair) is also expected to be leased from BBAM (delivery TBA).
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AIR CANADA

Jan 17, 2024
AIR CANADA agreed to lease ex-Alaska A320-200 (4948) from BBAM.
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LUFTHANSA CITY

Jan 17, 2024
LUFTHANSA CITY took delivery of first (3245) of four A319-100s from Lufthansa Group for operation starting mid-2024.
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HORIZON AIRCRAFT

Jan 17, 2024
HORIZON AIRCRAFT (Robinson Aircraft) secured LOI from JETSETGO, India for 50 Cavorite X7s for US$5m each ($250m total) with option for 50 more.
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AIR CANADA

Jan 17, 2024
AIR CANADA agreed to lease ex-Alaska A320-200 (4948) from BBAM.
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MOODY'S

Jan 17, 2024
MOODY'S reports operating profits increased for AIR CANADA and WESTJET in 2023 and will also do so in 2024.
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US DOJ

Jan 17, 2024
US DOJ received favorable decision from US District Court, blocking planned merger between JETBLUE and SPIRIT.
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US DOT

Jan 18, 2024
US DOT says US domestic air fares averaged $368 in 3Q23, down 6.9% vs 2Q23 and 38% vs record 3Q fare in 2000.
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FLY KHIVA

Jan 18, 2024
FLY KHIVA, Uzebekistan agreed to wet-lease (ACMI) 767-300BCF (28883; ex-TUI) from Icelandair for startup.
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AVOLON

Jan 18, 2024
AVOLON announced pricing of $1.15b of senior unsecured notes due 2029 for general corporate purposes.
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LION AIR

Jan 18, 2024
LION AIR, Indonesia is reportedly revisiting previous plans for IPO that could raise US$300m-$500m.
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AZORRA

Jan 18, 2024
AZORRA signed lease agreements for 10 aircraft in 4Q23. It has owned/managed/committed fleet of 146 aircraft.
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AEROITALIA

Jan 18, 2024
AEROITALIA leased ex-Corendon 737-800 (36529) from HelloJets, Romania.
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QANTAS

Jan 18, 2024
QANTAS plans December 9 to begin five-times-weekly Darwin-Singapore (E190).
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AIR EUROPA

Jan 18, 2024
AIR EUROPA took delivery of two Trent-powered 787-9s (62146/62178) on lease from Avolon; it plans to take four in '24.
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TIACA and ALTA

Jan 18, 2024
TIACA and ALTA agreed to collaborate on various aviation issues.
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TRANSAIR

Jan 18, 2024
TRANSAIR, Senegal leased ex-Tarom 737-300 (27182) from Sky One FZE. It also has a -500, EMB 120 and two ERJs.
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US DOT

Jan 18, 2024
US DOT reports US airline fuel cost was $3.01/gallon in November vs $3.12 in Oct 2023; y-o-y consumption rose 7.1%.
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AIR ARABIA MAROC

Jan 18, 2024
AIR ARABIA MAROC is adding new base in Tetouan to begin -Barcelona/-Madrid/-Malaga/-Brussels in late March (A320).
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AIR MAURITIUS

Jan 18, 2024
AIR MAURITIUS is planning to wet-lease a widebody aircraft at short notice to cover capacity gap from two AOG aircraft.
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LUFTHANSA

Jan 18, 2024
LUFTHANSA began Frankfurt-Hyderabad (787), its fifth destination in India.
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AKASA AIR

Jan 19, 2024
AKASA AIR, India ordered 150 more 737 MAXs and now has 204 on order for delivery through 2032 to join 22 in service.
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AERGO CAPITAL and ACUMEN AVIATION

Jan 19, 2024
AERGO CAPITAL and ACUMEN AVIATION formed strategic alliance for enhanced aviation asset management.
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BINTER

Jan 19, 2024
BINTER agreed to lease one ATR 72-600 (TBA) from Nordic Aviation Group.
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ALC

Jan 19, 2024
ALC announced pricing of public offering of $500m of senior unsecured notes due 2029 for general corporate purposes.
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VIRGIN AUSTRALIA

Jan 19, 2024
VIRGIN AUSTRALIA signed new codeshare partnership with LINK AIRWAYS to increase its regional network by half.
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AIR CANADA

Jan 19, 2024
AIR CANADA agreed to lease four ex-Alaska A320-200s from BBAM (4948)/DAE (3155)/Macquarie (5034)/TBA (3465).
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GRIFFIN

Jan 19, 2024
GRIFFIN has secured a $50m commitment from Truist Bank into its unsecured revolving credit facility, now at $575m.
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JAPAN AIRLINES

Jan 19, 2024
JAPAN AIRLINES took redelivery of its first B767-300BCF (40365) for service entry in February; two more are expected.
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MY FREIGHTER

Jan 19, 2024
MY FREIGHTER, Uzbekistan agreed to lease two more 767-300Fs (25404; ex-Air Canada/25170; ex-Condor) from CAM.
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ETHIOPIAN AIRLINES

Jan 19, 2024
ETHIOPIAN AIRLINES suffered runway incursion of Dash 8-400 (459) at Mekele when landing gear collapsed on landing.
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FRONTIER AIRLINES

Jan 19, 2024
FRONTIER AIRLINES plans in June 2024 to open crew base (90 pilots/200 flight attendants) in San Juan, PR.
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SKY EXPRESS

Jan 19, 2024
SKY EXPRESS, Greece agreed to lease two new ATR 72-600s from Abelo; first (1684) delivered with second in March.

Business Aviation

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CIRRUS AIRCRAFT

Jan 13, 2024
CIRRUS AIRCRAFT unveiled the SR Series G7 single-engine piston with touchscreen interfaces, large high-resolution displays, advanced safety systems, improved visibility, increased legroom, and Cirrus IQ for real-time health reports.
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DAHER

Jan 13, 2024
DAHER delivered 74 TBM/Kodiak aircraft in 2023 vs 73 in 2022; it booked orders for 100 for delivery in 2024-2025.
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EMBRAER

Jan 16, 2024
EMBRAER delivered 65 Ipanema airplanes, including the 1,600th, in 2023, up 18% vs 2022. It plans to build 70 in 2024.
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TRIMEC AVIATION

Jan 18, 2024
TRIMEC AVIATION, TX has FAA STC to install UNIVERSAL AVIONICS InSight flight display system on Falcon 2000/EX.

MRO

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EXECUJET MRO SERVICES AUSTRALIA

Jan 13, 2024
EXECUJET MRO SERVICES AUSTRALIA says it has completed all required training for supporting the Falcon 6X.
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TP AEROSPACE

Jan 16, 2024
TP AEROSPACE officially opened new 10,000 sq meter wheel and brake maintenance and warehouse facility in Brno, Czech Republic after receiving EASA Part-145 approval. It expects to handle 15,000 repairs and overhauls per year.
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ROLLS-ROYCE

Jan 16, 2024
ROLLS-ROYCE has LOI from Taiwan's EVA Air to provide TotalCare maintenance program for 36 Trent XWB-97s.
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ATR

Jan 17, 2024
ATR was selected by Air Algérie to provide digital maintenance documentation package in cooperation with SWISS-AS (via its AMOS MRO software) to optimize the maintenance and engineering operations for its fleet of 15 ATR aircraft.
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TAT TECHNOLOGIES

Jan 17, 2024
TAT TECHNOLOGIES has 5-year, $10m contract from undisclosed airline to maintain GTCP331 APUs for 757s/767s.
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AVIATION CONCEPTS

Jan 17, 2024
AVIATION CONCEPTS, FL secured strategic investment from CORE Industrial Partners to grow its USM business.
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BOEING

Jan 17, 2024
BOEING opened new 36,000 sq ft spare parts distribution center in Uttar Pradesh, India to support its regional fleet.
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IDEX

Jan 17, 2024
IDEX has acquired STC MATERIAL SOLUTIONS, VT (ceramics/hermetic sealing) in deal arranged by Houlihan Lokey.
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RTC AEROSPACE

Jan 17, 2024
RTC AEROSPACE, CA has acquired VANDERHORST BROTHERS INDUSTRIES, Simi Valley, CA (precision components).
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OVERHAUL SUPPORT SERVICES

Jan 17, 2024
OVERHAUL SUPPORT SERVICES (TIGHTCO MRO division), CT has long-term contract from Leonardo Aerospace, Defence and Security for overhaul and repair of exhaust ducts, and other accessories for multiple aircraft types.
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TYONEK SERVICES GROUP

Jan 17, 2024
TYONEK SERVICES GROUP acquired 68,000 sq ft aircraft/helicopter maintenance/repair hangar in Huntsville, AL.
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AIR EUROPA

Jan 18, 2024
AIR EUROPA plans in March to open new 22,400 sq meter MRO facility at Madrid-Barajas to handle three widebodies.
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AAR-INDAMER

Jan 18, 2024
AAR-INDAMER, India plans to add six hangars in 2024 to triple capacity and add widebody maintenance capabilities. It currently operates out of four hangars with six maintenance bays, an engine run-up bay and a dedicated paint hangar.
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IAI BEDEK AVIATION GROUP

Jan 19, 2024
IAI BEDEK AVIATION GROUP has Cargo Aircraft Management (ATSG) contract to provide PW4000 maintenance.
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BANYAN AIR SERVICE

Jan 19, 2024
BANYAN AIR SERVICE was selected by Volato to provide HondaJet maintenance out of hangar subleased from Volato at Northeast Florida Regional Airport in St. Augustine, FL; it has also absorbed Volato's existing maintenance staff.
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GATES US

Jan 19, 2024
GATES US inducted its first CFM56-7B for part out and disassembled two -7B LPT modules for AES at Wilmington, OH.
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AVENTURE AVIATION

Jan 19, 2024
AVENTURE AVIATION acquired ex-WestJet 737-700 (30134), its 21st 737NG airframe, for part out in Marana, AZ.
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AERFIN

Jan 19, 2024
AERFIN purchased two A330-200s (825/831) from Etihad Airways for part out in deal arranged by Stratos,
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SIA ENGINEERING

Jan 19, 2024
SIA ENGINEERING announced it completed painting new livery on three A350-900s for Air India; more are expected.

Defense

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LOCKHEED MARTIN and NASA

Jan 16, 2024
LOCKHEED MARTIN and NASA rolled out the X-59 experimental supersonic aircraft at Palmdale, CA (SPNWS; Jan 12).
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AMENTUM

Jan 16, 2024
AMENTUM has $946m US Army contract to provide system maintenance/mods for its fixed-wing transport fleet, including C-12s, C-26s, T-6s, and UC-35s. STEVENS AEROSPACE AND DEFENSE SYSTEMS, SC will serve as the primary depot maintenance facility.

WHO'SNEWS

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WHO'SNEWS: BOEING

Jan 17, 2024
Admiral Kirkland Donald to Special Advisor of Boeing to provide in-depth assessment of Commerical Airplane's quality management system.
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WHO'SNEWS: AEOLUS ENGINE SERVICES

Jan 18, 2024
Clare Maloney to Vice President-Powerplants & Engineering of Aeolus Engine Services, Ireland.
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WHO'SNEWS: DYNAM AVIATION

Jan 18, 2024
Philip Hansom to Vice President-Commercial of Dynam Aviation Ireland.
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WHO'SNEWS: SPIRIT ELECTRONICS

Jan 18, 2024
Dr. Naveed Sherwani to an Advisor-ASIC (application-specific integrated circuit) Program of Spirit Electronics, Phoenix.
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WHO'SNEWS: JAL GROUP

Jan 18, 2024
Mitsuko Tottori to President of JAL Group, Japan (effective April 1).
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WHO'SNEWS: GRIFFIN GLOBAL ASSET MANAGEMENT

Jan 18, 2024
Preston Sutter to Treasurer of Griffin Global Asset Management, Los Angeles.
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WHO'SNEWS: FLYADEAL

Jan 18, 2024
Steven Greenway to Chief Executive Officer of flyadeal, Jeddah.