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Aerospace

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STRATOLAUNCH

Mar 11, 2024
STRATOLAUNCH completed first powered flight of Talon TA-1 test aircraft.
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3DEO

Mar 11, 2024
3DEO, CA announced strategic partnership and investment with Japan's IHI AEROSPACE to enhance adoption/implementation of DfAM technologies.
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XTI AEROSPACE

Mar 11, 2024
XTI AEROSPACE completed merger with INIPIXON to form single publicly-traded company to develop TriFan 600 vertical lift crossover airplane, plus real-time location systems (RTLS) technology for manufacturing and warehousing facilities.
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KITTYHAWK

Mar 11, 2024
KITTYHAWK, CA acquired STACK HIP, OR (Hot Isostatic Pressing) from Stack Metallurgical Group in deal financed by Dallas-based Trive Capital.
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UNICAL ENGINES

Mar 11, 2024
UNICAL ENGINES was established in South Florida to provide life cycle engine solutions tailored to needs of the commercial engine aftermarket.
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FAA

Mar 11, 2024
FAA is expected to issue AD to inspect for chafing on non-conforming MAX spoiler wire bundles that can cause uncommanded spoiler deployments.
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DOKASCH

Mar 13, 2024
DOKASCH, Germany has launched a special ULD for return-catering.
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AVIATION CLIMATE TASKFORCE (ACT) and US DOE's NATIONAL RENEWABLE ENERGY LAB

Mar 13, 2024
AVIATION CLIMATE TASKFORCE (ACT) and US DOE's NATIONAL RENEWABLE ENERGY LAB (NREL) formed alliance to bolster collaboration and impact of both institutions in driving sustainable aviation.
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US DOT

Mar 13, 2024
US DOT released budget request for FY25 that includes $21.8b in FAA funding plus proposed 22-cent-per-gallon business aviation fuel tax increase to $1.06 within five years; operations funding for FAA is up 14.1% to $1.7b.
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GE AEROSPACE

Mar 13, 2024
GE AEROSPACE plans to inject more than $650m into its manufacturing facilities and supply chain ($550m in US) during 2024 to improve production and strengthen quality to better support its commercial and defense customers.
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MAGELLAN AEROSPACE

Mar 13, 2024
MAGELLAN AEROSPACE had C$9.2m net profit on C$880m revenues in 2023 vs C$22m loss on C$765m in 2022.
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INNOVATE CALGARY

Mar 13, 2024
INNOVATE CALGARY announced availability of C$3.9m over next four years (from Opportunity Calgary Investment Fund) for aerospace innovators under the Aerospace Innovation Hub; partners include WestJet and Calgary Airport.
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AKAER

Mar 13, 2024
AKAER, Brazil was selected by Deutsche Aircraft to manufacture D328eco forward fuselage at São José dos Campos.
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BOEING

Mar 13, 2024
BOEING delivered 27 aircraft (737NG; 17 737 MAXs; 767-2C; 767-300F; seven 787s) in February vs 28 (737NG; 24 737 MAXs; 747-8F; 777F; 787) in Feb 2023; it also announced unidentified orders for 10 737 MAXs and one 777F.
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EPSILON AEROSPACE

Mar 13, 2024
EPSILON AEROSPACE, India was selected by Pexco Aerospace as sales representative for its components/assemblies in the Indian Subcontinent.
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BOEING

Mar 13, 2024
BOEING reportedly failed 33 of FAA's 89 audits on MAX production; SPIRIT AEROSYSTEMS failed seven of 13 audits.
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WILLIS LEASE FINANCE

Mar 13, 2024
WILLIS LEASE FINANCE had $40.4m net income on $418.6m revenues in 2023 vs $2.1m on $312m in 2022. It has 337 engines (vs 339 a year ago), 12 aircraft (vs 13), a marine vessel and leased parts and equipment worth $2.22b.
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CYIENT

Mar 13, 2024
CYIENT, India was selected by Airbus to support development of its cabin 'Intelligent Core Management Platform' (iCMP) to enable faster software updates, easy and rapid customization, and proliferation of digital services in cabin.
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EMBRAER

Mar 15, 2024
EMBRAER secured 120-minute ETOPS approval for E190-E2 and E195-E2.
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VIASAT

Mar 15, 2024
VIASAT was selected by Royal Jordanian to provide its inflight connectivity solution on >40 aircraft, including plans to factory-install system on new E2s, A320s, A321s and 787-9s; RJ also plans to retrofit its 787-8s with advanced Wi-Fi.
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AERQ

Mar 15, 2024
AERQ was selected by Discover Airlines to provide its AERENA open IT platform inseat system (for IFE) for A320s; installation on first aircraft was completed by LUFTHANSA TECHNIK, which is a co-owner of AERQ.
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COLLINS AEROSPACE

Mar 15, 2024
COLLINS AEROSPACE shipped first shipset of (Meridian economy class) seats from Tanauan City, Philippines to Airbus; site's seat assembly capacity is expected to triple throughout 2024, with deliveries planned to 14 separate customers.
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DASSAULT SYSTÈMES

Mar 15, 2024
DASSAULT SYSTÈMES was selected by Embraer to provide SIMULIA PowerFLOW fluid dynamics simulation application to support development of Eve's eVTOL propeller aerodynamics and aeroacoustics; aircraft is to enter service in 2026.
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LEONARDO UK

Mar 15, 2024
LEONARDO UK subscribed to the Nadcap accreditation program for supplier quality.

Air Transport

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LUFTHANSA GROUP

Mar 11, 2024
LUFTHANSA GROUP had €1.7b net profit in 2023 (vs €791m in 2022) on 15% higher revenues due to the continued high demand for air travel and another record result at LUFTHANSA TECHNIK. It plans to take delivery of >30 aircraft, including around 20 long-haul jets (>10 787-9s; eight A350-900s; 777F) in 2024, an all-time high for long-haul aircraft.
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AIR AUSTRAL

Mar 11, 2024
AIR AUSTRAL launched restructuring plan for controlling/reducing costs. It has three A220s, three 777s and two 787s.
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BBN AIRLINES INDONESIA

Mar 11, 2024
BBN AIRLINES INDONESIA secured its AOC for pax operations with 737s; it is targeting fleet of 40 aircraft by 2027.
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AIR FLO

Mar 11, 2024
AIR FLO is being established by Avi8 Air Capital (Ed Wegel) to launch A220 operations out of South Florida; TAILWINDS AVIATION is expected to manage aircraft acquisitions and design/branding will be led by Japan's LIFT AERO DESIGN.
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GOL

Mar 11, 2024
GOL disclosed plan, in connection with its ongoing Chapter 11 proceedings, to evaluate capitalization alternatives and/or available alternative transactions, as well as assess opportunities presented by potential sources of capital.
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UNITED

Mar 11, 2024
UNITED plans to begin Tokyo-Cebu on July 31 (737)/Newark-Marrakesh on Oct 24 (767)/IAH-Medillin on Oct 27 (737).
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PHILIPPINE AIRLINES

Mar 11, 2024
PHILIPPINE AIRLINES leased ex-Garuda 777-300ER (29146) with GE90s in transaction arranged by SGI Aviation.
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VIETNAM AIRLINES

Mar 13, 2024
VIETNAM AIRLINES plans in May 2024 to introduce A350-900 on its services to Delhi, India.
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AIR NEW ZEALAND

Mar 13, 2024
AIR NEW ZEALAND plans to suspend Auckland-Chicago between March 31 and October 25 due to what it says are ongoing challenges with availability of serviceable Trent 1000 engines used on its 787s (three aircraft will be unavailable).
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JETSMART

Mar 13, 2024
JETSMART, Chile leased GTF-powered A321neo (11904) from SMBC Aviation Capital, the last of a 5-aircraft deal.
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UNITED AIRLINES

Mar 13, 2024
UNITED AIRLINES says it has asked Boeing to stop building 737-10s for it until it's clearer if and when the type will be certified. Until then, the planemaker is converting manufacturing/delivery slots to -9s (it has 351 MAXs on order).
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PORTER AIRLINES

Mar 13, 2024
PORTER AIRLINES plans in late June to begin seasonal Montreal-Los Angeles/-San Francisco (E195-E2).
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BRAATHENS REGIONAL AIRLINES

Mar 13, 2024
BRAATHENS REGIONAL AIRLINES completed its restructuring process to create long-term sustainable financial conditions; customer and supplier agreements have been renegotiated in parallel with a number of activities to improve profitability. In addition, existing shareholders have made contribution of SEK114m. It will operate 21 aircraft.
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CONDOR

Mar 13, 2024
CONDOR retired its last 767-300ER (30009) and will return aircraft to lessor for storage at Goodyear, AZ; it has 16 767s.
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KAM AIR

Mar 13, 2024
KAM AIR, Afghanistan acquired ex-South African Airways A340-300 (582) with CFM56s from Airbus Financial Services.
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SF AIRLINES

Mar 13, 2024
SF AIRLINES, China purchased two ex-China Cargo Airlines 747-400Fs (35207/35208) with CF6-80C2s.
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REPUBLIC OF GABON

Mar 13, 2024
REPUBLIC OF GABON acquired a strategic stake in AFRIJET, which now has 10 ATRs with six more on order.
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CORSAIR

Mar 13, 2024
CORSAIR, France agreed to lease four A330-900s from AerCap for delivery through end 2024; first (2056) delivered.
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AIRBUS

Mar 13, 2024
AIRBUS launched OpenCargoLab initiative with CHAMP Cargosystems, Fraport, KLM Cargo, Kuehne+Nagel and Swissport to drive digital, resource-saving concepts, contributing to more resilient and efficient airfreight processes.
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CATHAY PACIFIC

Mar 13, 2024
CATHAY PACIFIC had HK$9.8b net income on HK$94b revenues in 2023 vs HK$6.6b loss on HK$51m in 2022; it ended year with 230 aircraft, plus another 75 on order. It expects to reach 80% of its pre-pandemic pax flights within 2Q24.
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SOUTHWEST AIRLINES

Mar 13, 2024
SOUTHWEST AIRLINES has been advised by Boeing to expect delivery of 46 737-8s (no -7s) in 2024 vs original plan of 79 MAXs (58 -8s); as result, it is reducing capacity, re-evaluating all guidance for year and has frozen all new hiring.
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AIR ARABIA MAROC

Mar 13, 2024
AIR ARABIA MAROC plans May 7 to begin Tetouan-Amsterdam Schiphol (A320).
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RUILI AIRLINES

Mar 13, 2024
RUILI AIRLINES leased ex-Shenzhen Airlines 737-800 (35215) from World Star Aviation.
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SILVER AIRWAYS

Mar 13, 2024
SILVER AIRWAYS leased ex-Avianca ATR 72-600 (1116) from Jetstream Aviation Capital.
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NORWEGIAN

Mar 13, 2024
NORWEGIAN took delivery of new 737-8 (62911) on lease from AerCap.
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VIRGIN AUSTRALIA

Mar 13, 2024
VIRGIN AUSTRALIA took delivery of new 737-8 (66638) on lease from DAE Capital.
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AIR NIUGINI

Mar 13, 2024
AIR NIUGINI agreed to purchase one Dash 8-400 (TBA) from Nordic Aviation Capital.
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AIREXPLORE

Mar 13, 2024
AIREXPLORE, Slovakia leased ex-Bluebird Nordic 737-800BCF (29782) from Zephyrus Aviation Capital.
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LUFTHANSA CARGO

Mar 13, 2024
LUFTHANSA CARGO plans April 3 to begin twice-weekly Brussels-Chicago O'Hare (777F).
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VIETNAM AIRLINES

Mar 13, 2024
VIETNAM AIRLINES plans in October to begin twice-weekly Ho Chi Minh City-/Hanoi-Munich, Germany (787).
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CPaT

Mar 13, 2024
CPaT, TX was selected by Manasik Aviation, Saudi Arabia to provide distance learning systems for A340 pilot training to support startup.
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ALASKA AIRLINES

Mar 13, 2024
ALASKA AIRLINES says despite challenges from 737-9 incident/groundings, it now expects to exceed expectations in 1Q24, only suffering y-o-y capacity decline of 2.5%. It says incident/groundings will negatively impact profitiability by $150m; it has to date received partial compensation from Boeing, which will be accounted for in earnings in 1Q24.
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BOC AVIATION

Mar 15, 2024
BOC AVIATION had record US$764m net income on US$2.5b revenues in 2023 vs $20m on $2.3b in 2022. It executed record 348 transactions and ended year with owned/managed/committed fleet of 684 aircraft (orderbook of 224 aircraft).
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TRANSAT

Mar 15, 2024
TRANSAT had C$61m net loss on C$785.5m for first quarter ended Jan 31 vs C$56.6m loss on C$667.5m a year ago. It secured record customer deposits for future travel of C$1b, despite strike threat by flight attendants in late 2023.
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AIR ATLANTA ICELANDIC

Mar 15, 2024
AIR ATLANTA ICELANDIC agreed to purchase three 747-400Fs (33729/33731/33732) from China Airlines in 2024.
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AIRCASTLE

Mar 15, 2024
AIRCASTLE purchased 737-800 (37247; leased to AIR EUROPA) an dA321-200 (4461; SMARTLYNX) from Aergo Capital.
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US DOT

Mar 15, 2024
US DOT reports US airlines carried 78.7m pax in December 2023 (all-time high for a December), up 9.5% vs Dec 2022.
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GEOSKY

Mar 15, 2024
GEOSKY, Georgia has acquired ex-SCAT 737-300 (28742). It now has two 737CLs for operation for Georgian Wings.
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AIR EUROPA

Mar 15, 2024
AIR EUROPA wet-leased (ACMI) an A330-900 from iberojet (previously Evelop Airlines) for Madrid-Santo Domingo.
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ALASKA AIRLINES

Mar 15, 2024
ALASKA AIRLINES finalized new 5-year contract with its AMFA-represented aircraft maintenance technicians.

Business Aviation

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PT SMART AVIATION

Mar 11, 2024
PT SMART AVIATION ordered four Cessna Grand Caravan EXs and a SkyCourier pax aircraft for delivery starting in '26.
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JET ACCESS

Mar 11, 2024
JET ACCESS was selected by SmartSky as installation center for its LITE inflight connectivity system on Phenom 300.
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PREMIER AIR CHARTER

Mar 11, 2024
PREMIER AIR CHARTER, CA recieved FAA approval to begin private air charter service to Hawaii with a Challenger 601.
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AVFUEL and NESTE

Mar 11, 2024
AVFUEL and NESTE extended partnership to supply SAF for business aviation operators through end of 2027.
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STACK.AERO

Mar 13, 2024
STACK.AERO launched collaboration with FL3XX to create single source of data for business aviation operators.
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OPUL JETS

Mar 13, 2024
OPUL JETS was established in UK to provide private charters (initially) with a Global Express XRS and two Learjets.
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PWI

Mar 15, 2024
PWI, Wichita introduced PMA-approved LED cabin light system to replace fluorescent lighting on Citation Excel 560XL.
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CAMP SYSTEMS INTERNATIONAL

Mar 15, 2024
CAMP SYSTEMS INTERNATIONAL agreed to acquire portfolio of World Kinect's aviation software businesses, including AVINODE GROUP (charter sourcing) and other software systems for FBOs for sourcing fueling/hangaring/parking/MRO.
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WESTERN AIRCRAFT

Mar 15, 2024
WESTERN AIRCRAFT (Greenwich AeroGroup) renewed its authorized service center deal with Dassault Falcon Jet.
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ARGUS

Mar 15, 2024
ARGUS agreed to integrate its TRAQPak FBO business aviation flight data software with MOSAIX Software’s AVMAN.
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HILLSBORO AVIATION

Mar 15, 2024
HILLSBORO AVIATION was named sales/installation partner for SmartSky's inflight connectivity for business aviation.

MRO

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HAECO

Mar 11, 2024
HAECO inducted Emirates’ first A380 (242) at its airframe facility in Xiamen, launching new base maintenance contract.
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SAFRAN NACELLES

Mar 11, 2024
SAFRAN NACELLES has flyadeal contract to maintain nacelles for LEAP-powered A320neos out of AMES, Dubai.
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AERCAP MATERIALS

Mar 11, 2024
AERCAP MATERIALS signed 7-year component sale/leaseback deal with OEMServices centered around substantial inventory of A220 components, building upon inventory finance solutions that previously included A320 and A380 lines.
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ATITECH

Mar 11, 2024
ATITECH, Italy was selected by Corsair to provide A330ceo/neo heavy maintenance over next three years.
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C&L AEROSPACE

Mar 11, 2024
C&L AEROSPACE was selected by Cloud Investment Partners/Strategic Value Partners to manage/market assets from part out of 787-8 (35507) with GEnx-1Bs by CAVU Aerospace in Roswell, NM; aircraft was never operated by an airline.
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LUFTHANSA TECHNIK

Mar 11, 2024
LUFTHANSA TECHNIK earned €628m on €6.5b revenues in '23 vs €498m on €5.6b in '22; third party revenues rose 10%.
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CROSSLAKE GROUP

Mar 11, 2024
CROSSLAKE GROUP, TX has acquired South Florida-based component maintenance companies CONTINENTAL AIRCRAFT SUPPORT and MAGNUM AIRCRAFT REPAIR SERVICES (M.A.R.S.) to join group that includes Aeromax.
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AVIATION CONCEPTS TECHNICAL SERVICES

Mar 13, 2024
AVIATION CONCEPTS TECHNICAL SERVICES (ACTSI), The Philippines received FAA certification for wheel and tire shop services for 19 different assembly part numbers for business aircraft, including Gulfstreams, Globals and King Airs.
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ASPIRE MRO

Mar 13, 2024
ASPIRE MRO inducted AviaAM Leasing's second (35300; ex-Azur Air) of six 777-300ERs for conversion to freighter under STC held by MAMMOTH FREIGHTERS, which says it expects to complete its first -200LR conversion by end 2024.
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KOREAN AIR

Mar 15, 2024
KOREAN AIR broke ground on KW578b, 140,000 sq meter engine maintenance cluster in Unbuk, near Incheon International, for completion in 2027. It is also set to increase capacity from servicing 100 to 360 engines annually.
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SIA ENGINEERING

Mar 15, 2024
SIA ENGINEERING expanded maintenance agreement with Scoot to include E190-E2s to generate S$52m through '28.

Defense

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TEXTRON AVIATION

Mar 13, 2024
TEXTRON AVIATION has US Army contract to supply two Cessna Grand Caravan EXs for DJIBOUTIAN AIR FORCE.
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EMBRAER DEFENSE & SECURITY

Mar 15, 2024
EMBRAER DEFENSE & SECURITY and ST ENGINEERING teamed to explore alternatives for future collaboration in key identified areas such as engineering, maintenance and support service activities for C-390 in the Asia Pacific region.

WHO'SNEWS

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WHO'SNEWS: OPUL JETS

Mar 13, 2024
Harry Ackerman to Chief Executive Officer of OPUL Jets, London.
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WHO'SNEWS: GLOBAL JET CAPITAL

Mar 13, 2024
Mike Christie to Head of Sales-Americas of Global Jet Capital, Danbury, CT.
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WHO'SNEWS: ATI

Mar 15, 2024
Vaishali Bhatia to Senior Vice President, General Counsel and Chief Compliance Officer of ATI, Dallas.