Subscription Required

 

SpeedNews - March 8, 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

RECARO

Mar 01, 2024
RECARO was selected by Germany's Condor to provide seats for 41 A320s/A321s on order for delivery in 2024-2028.
article

GE

Mar 01, 2024
GE set launch date of April 2, 2024 for GE VERNOVA and GE AEROSPACE.
article

BOEING

Mar 05, 2024
BOEING announced that it is in talks to acquire SPIRIT AEROSYSTEMS.
article

PRATT & WHITNEY

Mar 05, 2024
PRATT & WHITNEY was selected by Icelandair to supply GTFs for 35 A321neos on order; deal includes MRO program.
article

VORTEX CONTROL TECHNOLOGIES

Mar 05, 2024
VORTEX CONTROL TECHNOLOGIES, Seattle was selected by Avelo Airlines to supply Finlets (mounted on aft fuselage) for installation on 16 737NGs by end of 2024 (seven to date) to reduce total fuel consumption and carbon emissions.
article

AMPAIRE

Mar 05, 2024
AMPAIRE acquired MAGPIE AVIATION, CA (electric aviation technologies).
article

HARTZELL ENGINE TECH

Mar 05, 2024
HARTZELL ENGINE TECH launched POWERUP Aircraft Ignition Systems with product line that includes FAA/PMA-approved aircraft magnetos, ignition harnesses, Slick, Bendix and Continental replacements parts and magneto repair kits
article

SAFRAN NACELLES

Mar 05, 2024
SAFRAN NACELLES acquired 3D METAL FORMING (3DMF), Netherlands, specializing in High Energy Hydro Forming (HEHF) of metal parts to help develop and produce parts for nacelles and engines, including nozzles and air inlet lips.
article

FAA

Mar 05, 2024
FAA has completed 6-week audit of BOEING and SPIRIT AEROSYSTEMS. It found multiple instances where companies allegedly failed to comply with manufacturing QC requirements and identified non-compliance issues in Boeing’s manufacturing process control, parts handling/storage and product control. Boeing has 90 days to outline action plan.
article

VIASAT

Mar 05, 2024
VIASAT, CA was selected by Icelandair to supply its inflight Wi-Fi solution for up to 32 new A321LR/XLRs for delivery starting in 4Q24.
article

COLLINS AEROSPACE

Mar 05, 2024
COLLINS AEROSPACE was selected by Thailand's Really Cool Airlines to provide inflight connectivity for its A330s in preparation for startup in 2024.
article

LUFTHANSA SYSTEMS

Mar 05, 2024
LUFTHANSA SYSTEMS was selected by Thailand's Really Cool Airlines to provide Lido Flight 4D, Lido mPilot and Lido FMS in prep for 2024 startup.
article

FIGEAC AÉRO

Mar 05, 2024
FIGEAC AÉRO, France announced three new contracts in North America, valued at €20m total over next 3-5 years, for machining, sheet metal and surface treatment activities for wings and nacelles for business jets and A220s/A320s.
article

JOBY AVIATION

Mar 05, 2024
JOBY AVIATION acquired existing facility at Dayton International Airport, OH for manufacturing eVTOL parts in support of its pilot production line in Marina, CA; acquisition of on-airport facility is first step in plan to develop facilities capable of building up to 500 aircraft per year in Dayton, which is expected to include construction of a larger greenfield factory.
article

AIRBUS

Mar 08, 2024
AIRBUS unveiled its all-electric CityAirbus NextGen prototype with 12-meter and range of 80 km at cruise speed of 120 km/hr; unveiling coincided with opening of the new CityAirbus test centre in Donauwörth for testing systems for eVTOLs.
article

THINKOM

Mar 08, 2024
THINKOM introduced ThinAir GT line of aero antennas for special missions.

Air Transport

article

RYANAIR

Mar 01, 2024
RYANAIR now expects to receive 40 of 57 planned 737-8200s due for delivery in 1H24, requiring reduction of approximately 10 aircraft lines of flying in July-September. It is working with Boeing to take the delayed deliveries in 3Q24.
article

VOLARIS

Mar 01, 2024
VOLARIS took delivery of second new GTF-powered A321neo (11864) on lease from ACG as part of deal for four.
article

AIRASIA X

Mar 01, 2024
AIRASIA X had RM366.5m net income on RM2.5b revenues in 2023; it ended year with 18 A330s (16 operational).
article

FLY KHIVA

Mar 01, 2024
FLY KHIVA, Uzbekistan secured AOC for charters with 767-300BCF (28883) leased from Icelandair (SPNWS; Jan 19).
article

AVATION

Mar 01, 2024
AVATION, Singapore earned US$17.5m on US$46.3m revenues in 2H23 vs $35.4m on $55.7m in 2H22; it has 35 aircraft.
article

SKYWEST

Mar 05, 2024
SKYWEST announced new flying agreement with United Airlines to add 20 partner-financed E175s to fleet in 2024, joining 19 SkyWest-owned E175s; it plans by end of 2026 to be operating 278 E175s for United, Delta and Alaska.
article

AVIA SOLUTIONS GROUP

Mar 05, 2024
AVIA SOLUTIONS GROUP completed acquisition of Australia's SKYTRANS AIRLINES (13 Dash 8s/Grand Caravans).
article

IBEROJET

Mar 05, 2024
IBEROJET, Spain leased ex-Sunclass Airlines A330-900 (1929) from Air Lease Corporation.
article

NAC

Mar 05, 2024
NAC posted $72m net income for 2023 in its first full-year post-restructuring; it has $856m in total available liquidity. It completed 177 transactions in 2023 and ended year with 270 owned aircraft and purchase commitments for 36 more.
article

SPIRIT AIRLINES and JETBLUE AIRWAYS

Mar 05, 2024
SPIRIT AIRLINES and JETBLUE AIRWAYS mutually terminated agreement to merge, citing regulatory obstacles.
article

UNITED AIRLINES

Mar 05, 2024
UNITED AIRLINES says it expects to take delivery of 88 (seven 787s, 37 737-8s, 19 737-9s and 25 A321neos) of 191 aircraft planned for 2024, excluding one 787, six 737-8s, 15 737-9s, 80 737-10s and one A321. It is projecting 64 in 2025.
article

BAA TRAINING

Mar 05, 2024
BAA TRAINING was selected by Avion Express to provide A320ceo/neo pilot training on dedicated full-flight simulator (6,000 hours/year) in Vilnius.
article

AMERICAN AIRLINES

Mar 05, 2024
AMERICAN AIRLINES ordered 85 A321neos, 85 737-10s (also converted 30 -8s to -10s) and 90 E175s, and took options and purchase rights for 75 737-10s, 75 A321neos and 43 E175s. It now has 440 aircraft on order: 149 A320 Family, 159 737 MAXs, 30 787s and 102 E175s. It is also refurbishing interiors of its A319s/A320s, increasing number of first class seats.
article

ETHIOPIAN AIRLINES

Mar 05, 2024
ETHIOPIAN AIRLINES leased ex-Flair Airlines 737-8 (64944) from BOC Aviation.
article

QANTASLINK

Mar 05, 2024
QANTASLINK launched A220 operations with its first two of 29 aircraft to steadily replace its fleet of 717-200s.
article

AIR INDIA

Mar 05, 2024
AIR INDIA secured $2.2b in loans from State Bank of India and Bank of Baroda for working capital/aircraft acquisitions.
article

MAGIC AIR

Mar 05, 2024
MAGIC AIR, Gambia acquired ex-Lebanon Sky A330-200 (491) with Trent 700s for startup; it also has A320-200 (2600).
article

HAYWAYS

Mar 05, 2024
HAYWAYS, Armenia purchased ex-ATRAN 737-400SF (28758) from Vx Capital Partners for startup.
article

OLYMPIC AIR

Mar 05, 2024
OLYMPIC AIR (Aegean Airlines), Greece agreed to lease one new ATR 72-600 from Nordic Aviation Capital.
article

AIRCASTLE

Mar 05, 2024
AIRCASTLE purchased two LEAP-powered A320neos (9225/9531; leased to FLYNAS) from CMB Financial Leasing and A320-200 (6328; leased to IBERIA) and two A321-200s (7152/7218; leased to VUELING) from Jackson Square Aviation.
article

BRITISH AIRWAYS

Mar 05, 2024
BRITISH AIRWAYS announced £7b transformation plan that includes new website, mobile app, free onboard messaging, new short-haul seats for A320s (from unidentified UK-based suppliers) and a new first class suite on A380s from 4Q25.
article

AIRBALTIC

Mar 05, 2024
AIRBALTIC had record €34m net income on €668m revenues in 2023 vs €54m loss on €500m in 2022; traffic rose 36%.
article

DONGHAI AIRLINES

Mar 05, 2024
DONGHAI AIRLINES, China took delivery of its first 737 MAX (61291). It has 11 remaining on order.
article

CANADA JETLINES

Mar 05, 2024
CANADA JETLINES agreed to wet-lease two A320-200s to an unidentified European carrier from late April/late June.
article

SCOOT

Mar 05, 2024
SCOOT expects to take delivery of its first of nine E190-E2s in April 2024 with inaugural flights to Krabi and Hat Yai scheculed for May 7; it also plans to fly E190-E2 to four other SE Asian destinations: Koh Samui, Sibu, Kuantan, and Miri.
article

ETHIOPIAN AIRLINES

Mar 05, 2024
ETHIOPIAN AIRLINES agreed to order eight 777-9s and option 12. It currently operates Boeing fleet of 29 787s, 20 777s, three 767s, 27 737NGs and 15 737 MAXs and has another 35 737 MAXs, four 777Fs and 11 787-9s on order.
article

FLYNAS

Mar 05, 2024
FLYNAS plans September 4 to begin three-times-weekly Jeddah-Berlin Brandenburg (A320neo).
article

FLY JINNAH

Mar 05, 2024
FLY JINNAH plans March 27 to begin daily Lahore-Sharjah, UAE (A320).
article

VIETJET

Mar 05, 2024
VIETJET plans to begin Hanoi-Hiroshima on May 12 and -Melbourne, Australia on June 3 (A321).
article

JETSTAR ASIA

Mar 05, 2024
JETSTAR ASIA plans to begin Singapore-Krabi, Thailand on June 7 and -Clark, Philippines on October 18 (A320).
article

US DOT

Mar 05, 2024
US DOT reports US airline fuel cost was $2.70/gallon in January vs $2.80 in Dec 2023; y-o-y consumption rose 3.5%.
article

SUNRISE AIRWAYS

Mar 05, 2024
SUNRISE AIRWAYS, Haiti has suspended operations due to political insecurity; it has five EMB 120s and an ERJ.
article

AIR INDIA and VISTARA

Mar 05, 2024
AIR INDIA and VISTARA received approval from Singapore Competition Commission to merge.
article

IATA

Mar 06, 2024
IATA reports year-over-year global pax traffic was up 16.6% in January on 14.1% higher capacity; cargo rose 18.4%.
article

FALKO

Mar 06, 2024
FALKO agreed to acquire portfolio of 24 E-Jets, including 20 E190s and four E170s, from Nordic Aviation Capital (NAC).
article

LOT POLISH AIRLINES

Mar 06, 2024
LOT POLISH AIRLINES wet-leased A330-900 (1844) from Air Belgium.
article

AIRBALTIC

Mar 06, 2024
AIRBALTIC plans in early May to begin twice-weekly Vilnius-Hamburg/-Lisbon (A220-300).
article

ETIHAD AIRWAYS

Mar 06, 2024
ETIHAD AIRWAYS had US$143m net profit on US$5.5b revenues in 2023 vs $25m on $5b in 2022; pax traffic rose 40%.
article

SAS

Mar 08, 2024
SAS lost SEK1.5b on SEK8.9b revenues for three months ended Jan 31 vs SEK2.7b on SEK7.9b a year ago.

Defense

article

AVION SOLUTIONS

Mar 01, 2024
AVION SOLUTIONS has acquired SRA for test planning/analysis, software development and modeling and simulation for space and missile defense.
article

BOEING

Mar 01, 2024
BOEING secured $3.4b US Navy contract to begin manufacturing 17 P-8As (737NGs): 14 for the ROYAL CANADIAN AIR FORCE for delivery starting in 2026 and another three (now eight) for the GERMAN NAVY for delivery starting in 2025.

Business Aviation

article

PRISMJET

Mar 05, 2024
PRISMJET was launched to provide private jet charter/management services out of Scottsdale Airport, AZ; its initial charter fleet includes two Challenger 350s and a Lear 45XR with plans to expand into the large cabin market.
article

PIPER AIRCRAFT

Mar 05, 2024
PIPER AIRCRAFT secured FAA type certification for M700 FURY with maximum cruise speed of 301 knots (its fastest).
article

FLYEXLUSIVE

Mar 06, 2024
FLYEXCLUSIVE, NC secured $25m investment from EnTrust Global for working capital, including aircraft acquisitions.

MRO

article

AAR

Mar 05, 2024
AAR completed acquisition of Triumph Group's Product Support business, which provides MRO services for structural components, engine/airframe accessories, interiors, and wheels/brakes out of five locations, for $725m (SPNWS; Dec 22).
article

VSE AVIATION

Mar 05, 2024
VSE AVIATION agreed to purchase TURBINE CONTROLS, CT/FL (engine component/accessory repair) for $120m.
article

C&L AEROSPACE

Mar 05, 2024
C&L AEROSPACE purchased two Citation Sovereigns and two Citation XLSs for part out at Bangor, ME.
article

TP AEROSPACE

Mar 05, 2024
TP AEROSPACE opened wheel/brake maintenance/warehouse facility in Brisbane, Australia; it also has site in Melbourne.
article

ARGO MRT AMERICAS

Mar 05, 2024
ARGO MRT AMERICAS (DRAKKAR/Argo Aviation Group) acquired TECHNI-AIR 2000, Montreal (aircraft maintenance).
article

HELLOJETS

Mar 05, 2024
HELLOJETS, Bucharest received its EASA Part-145 maintenance organization approval from the Romanian CAA.
article

HAECO

Mar 05, 2024
HAECO has 10-year EVA Air contract to provide landing gear overhauls for 34 777-300ERs and 777Fs out of Xiamen.
article

JORAMCO

Mar 05, 2024
JORAMCO (Dubai Aerospace Enterprise) was selected by TUI Airways, UK to perform heavy checks on five 787-8s.
article

FL TECHNICS UAE

Mar 05, 2024
FL TECHNICS UAE extended its CAR-145 certification from L4 to L5 to provide broader scope of services, including mods.
article

LUFTHANSA TECHNIK

Mar 06, 2024
LUFTHANSA TECHNIK has 8-year MIAT Mongolian Airlines contract to provide Total Component Support for its 787s.
article

SWISS-AS

Mar 06, 2024
SWISS-AS has LOI from Turkish Technic to assist in its digital transformation strategy to enhance operational efficiencies/data-driven decision-making.
article

SATAIR

Mar 08, 2024
SATAIR was selected by Joramco to supply expendables on an as-needed basis,
article

CFM INTERNATIONAL

Mar 08, 2024
CFM INTERNATIONAL has 20-year American contract to provide LEAP-1B maintenance, plus spares, for its 737 MAXs.
article

WERNER AERO

Mar 08, 2024
WERNER AERO acquired ex-Royal Air Maroc 737-800 (28983) for part out by ECUBE, Wales.
article

JORAMCO

Mar 08, 2024
JORAMCO was selected by MNG Airlines to perform C-Checks on two A300Fs and one A330F.

WHO'SNEWS

article

WHO'SNEWS: GLOBAL AIRLINES

Mar 01, 2024
John Roberts, former A380 Chief Engineer for Airbus UK, joined the Advisory Board of Global Airlines, London.
article

WHO'SNEWS: JAZEERA AIRWAYS

Mar 05, 2024
Barathan Pasupathi to new Chief Executive Officer of Jazeera Airways, Kuwait.
article

WHO'SNEWS: PRISMJET

Mar 05, 2024
Mike Bianco to Chief Executive Officer of PrismJet, Scottsdale, AZ; Scott Casey is Vice President.
article

WHO'SNEWS: SWISS

Mar 05, 2024
Oliver Buchhofer to Chief Operating Officer of SWISS (effective May 2024); Dennis Weber to Chief Financial Officer.
article

WHO'SNEWS: AIR ASTRA

Mar 05, 2024
Sohail Majid to Chief Commercial Officer of Air Astra, Bangladesh.
article

WHO'SNEWS: MTU MAINTENANCE

Mar 05, 2024
Mohammad Alamoush to Director of Leasing and Asset Management, based in Dubai, of MTU Maintenance.
article

WHO'SNEWS: GA TELESIS

Mar 05, 2024
Jim Sokol to Senior Vice President of Americas Sales-Flight Solutions Group of GA Telesis, Fort Lauderdale.
article

WHO'SNEWS: JETTAINER

Mar 06, 2024
Thorsten Riekert to Chief Commercial Officer of Jettainer, Germany.
article

WHO'SNEWS: BURRANA

Mar 08, 2024
Andy Fellows to Vice President of Customer Programs & Services of Burrana, CA.