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Aerospace

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SURF AIR MOBILITY

Mar 23, 2024
SURF AIR MOBILITY was selected by Tanzania's Auric Air Services to upgrade 12 Cessna Grand Caravans with its electrified powertrain technology upon certification. It says it now holds 13% of Cessna Caravan market in Africa.
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ITP AERO

Mar 23, 2024
ITP AERO, Spain earned (EBITDA) €217m in 2023 (vs €146m in 2022) on record €1.3b sales, up 25% vs a year ago.
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AAR

Mar 23, 2024
AAR posted $14m net income for third quarter ended Feb 29 (vs $21.8m a year ago) on record $567m sales, up 9% vs a year ago; commercial sales rose 18% from a year ago and accounted for 70% of company total vs 65% a year ago.

BOEING

Mar 25, 2024
BOEING announced the following leadership changes: Dave Calhoun is stepping down as CEO at end of 2024 (successor is TBA); Independent Board Chair Larry Kellner will not stand for re-election and will be replaced by Steve Mollenkopf; and Stan Deal is retiring, to be replaced immediately by Stephanie Pope as President and CEO of Commercial Airplanes.

BOOM

Mar 25, 2024
BOOM made first flight of XB-1 supersonic demonstrator at Mojave, CA.

BRITTEN-NORMAN

Mar 25, 2024
BRITTEN-NORMAN secured investment from group of investors led by private equity firm 4D CAPITAL PARTNERS.

AVAIR

Mar 25, 2024
AVAIR, AZ closed new, larger 3-year senior credit facility from syndicate of banks led by HSBC Bank USA.

C&L AEROSPACE

Mar 25, 2024
C&L AEROSPACE opened 20,000 sq ft parts warehouse in Leipzig, Germany to serve Europe and Northern Africa.

AIRBUS DEFENCE AND SPACE

Mar 25, 2024
AIRBUS DEFENCE AND SPACE agreed to acquire INFODAS, Germany, which provides cybersecurity and IT solutions in the public sector.

REX

Mar 25, 2024
REX received certification for its 737NG full-flight simulator now housed at its new flight training facility in Sydney; FFS was originally housed at Ansett Aviation Training in Brisbane, but was moved when AAT decided not to extend deal.

CPaT

Mar 25, 2024
CPaT, TX was selected by Italy's Poste Air Cargo to provide distance learning systems for 737-800BCF and ATR 72-500 training.
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CAE

Mar 26, 2024
CAE unveiled first Level D full-flight simulator powered by a gaming engine supplied by EPIC GAMES to enhance visuals for pilots.
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CFM INTERNATIONAL

Mar 26, 2024
CFM INTERNATIONAL is celebrating 43rd anniversary of Boeing's launch of the CFM56-powered 737-300; it has since been exclusive engine supplier for the 737.
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PYKA

Mar 26, 2024
PYKA secured 110,000 sq ft headquarters/production facility in Alameda, CA for its autonomous electric aircraft.
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HONEYWELL

Mar 28, 2024
HONEYWELL agreed to acquire Italy's CIVITANAVI SYSTEMS (inertial navigation/stabilization solutions) in deal valued at €200m to acquire technology to help develop autonomous aircraft operations and expand its footprint in Europe.
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C&L

Mar 28, 2024
C&L purchased $20m ATR parts package of rotables, expendables and piece parts, all with new EASA Form 1 tags.
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ATR

Mar 28, 2024
ATR was selected to lead a consortium of >10 manufacturers, research institutes and laboratories in France's PARIDES research project to explore new technologies for next-generation low-emission regional aircraft, identified as ATR 'EVO'.
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UNITED AIRLINES

Mar 28, 2024
UNITED AIRLINES announced plan to add larger overhead bins, supplied by GAL AEROSPACE, Canada, to its Skywest-operated E175s to accommodate extra 29 carry-on bags; it plans to retrofit 50 aircraft by end 2024 and >150 by end '26.
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CYIENT

Mar 28, 2024
CYIENT, India was selected by Deutsche Aircraft to collaborate on design of D328eco rear fuselage section.
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UNIVERSAL AVIONICS

Mar 28, 2024
UNIVERSAL AVIONICS, AZ was selected by Eirtech Aviation Services to supply UniLink CMU for A320 data link upgrade.
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LIEBHERR-AEROSPACE

Mar 28, 2024
LIEBHERR-AEROSPACE has acquired Toulouse-based GIT GALVANOPLASTIE INDUSTRIELLE TOULOUSAINE (performs surface treatment of aerospace parts), later to be renamed LIEBHERR-AEROSPACE COATINGS.
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SIA ENGINEERING

Mar 28, 2024
SIA ENGINEERING exited from PW1500G Risk-Revenue Sharing Program and is writing off S$25.1m on net assets.
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ARCHER

Mar 28, 2024
ARCHER completed rigorous battery pack drop testing as part of development of Midnight's electric propulsion system.
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SOUTHWEST AIRLINES

Mar 28, 2024
SOUTHWEST AIRLINES has acquired SAFFiRE RENEWABLES, ND as part of its pursuit of obtaining scalable SAF.

Air Transport

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ALLEGIANT

Mar 23, 2024
ALLEGIANT reached tentative agreement with its TWU-represented flight attendants on parties' first CBA.
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SOUTHWEST

Mar 23, 2024
SOUTHWEST finalized new 5-year contract with its TWU-represented ramp, operations, provisioning and cargo agents.

EUROPEAN COMMISSION

Mar 25, 2024
EUROPEAN COMMISSION published its opposition to Lufthansa's takeover of ITA AIRWAYS as it is concerned about reduced competition on certain routes in/out of Italy that could result in increased prices or decreased quality of services.

TRUENOORD

Mar 25, 2024
TRUENOORD secured new term loan from Deutsche Bank to support ongoing business growth and fleet expansion.

LAX

Mar 25, 2024
LAX handled 5.3m pax in February, up 7.7% vs February 2023.

HAINAN AIRLINES

Mar 25, 2024
HAINAN AIRLINES plans April 2 to resume three-times-weekly Beijing-Seattle (787).

THAI AIRWAYS

Mar 25, 2024
THAI AIRWAYS leased ex-Hong Kong Airlines A350-900 (153) from AerCap.

ITA AIRWAYS

Mar 25, 2024
ITA AIRWAYS, Italy took delivery of new A321neo (11729) with GTFs on lease from Air Lease Corporation.

HAWAIIAN AIRLINES

Mar 25, 2024
HAWAIIAN AIRLINES took delivery of A330-300P2F (1874) from Altavair for operation for AMAZON PRIME AIR.

JET2

Mar 25, 2024
JET2, UK wet-leased 737-800 (30882) from ETF Airways, Croatia.

ABELO

Mar 25, 2024
ABELO acquired four ATR 72-600s (leased to INDIGO) through SKY Leasing. It now has 57 owned/managed aircraft.

FLEET AIR

Mar 25, 2024
FLEET AIR phased-out its last Saab 340A(F) and now has six ATR freighters, including six with large cargo doors.

SAS

Mar 25, 2024
SAS was forced to temporarily ground 18 A320neos to perform necessary inspections on a pressure regulator component.

UNIVERSAL AIR

Mar 25, 2024
UNIVERSAL AIR, Malta took delivery of its second Dash 8-400 (4114; ex-Flybe); two more are expected (SPNWS; Jan 12).

EL AL

Mar 25, 2024
EL AL says it agreed to order three 787-9s for delivery in 2029/2030 to expand fleet to 22 and option six from 2030.

ALLEGIANT AIR

Mar 25, 2024
ALLEGIANT AIR expects to take delivery of 10-12 737 MAXs in 2024 vs 24 originally scheduled. It has ordered 50.
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AUSTRIAN AIRLINES

Mar 26, 2024
AUSTRIAN AIRLINES agreed to lease two ex-Bamboo Airways 787-9s (62735/62736) with GEnx-1Bs from CALC.
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ASIANA

Mar 26, 2024
ASIANA retired its last pax 747-400 (28552) and placed it into storage at Incheon in preparation for return to lessor.
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MY FREIGHTER

Mar 26, 2024
MY FREIGHTER, Uzbekistan took delivery of third 767-300BCF (25170; ex-Condor) on lease from ATSG (SPNWS; Jan 19).
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KLASJET

Mar 26, 2024
KLASJET was certified by Saudia Arabia to operate (by HORIZON AVIATION) its 68-seat 737 on ACMI basis out of Dubai.
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AIR ARABIA MAROC

Mar 26, 2024
AIR ARABIA MAROC plans May 7 to begin Tetouan-Amsterdam Schiphol (A320).
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ROYAL AIR MAROC

Mar 26, 2024
ROYAL AIR MAROC plans June 23 to begin Casablanca-Abuja (737-800).
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SHREE AIRLINES

Mar 26, 2024
SHREE AIRLINES, Nepal acquired two ex-Horizon Air Dash 8-400s (4532/4355) and now has six, plus four regional jets.
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JETCOM

Mar 26, 2024
JETCOM plans April 1 to open its 12th base at Bournemouth, serving Europe, Canary Islands and the Mediterranean.
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AIR ARABIA MAROC

Mar 26, 2024
AIR ARABIA MAROC agreed to wet-lease (ACMI) two A320-200s from Canada Jetlines for Summer 2024 schedule.
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SAS

Mar 28, 2024
SAS applied for company reorganization in Sweden; its operations and flight schedule will remain unaffected.
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AAPA

Mar 28, 2024
AAPA members carried 27m pax in February, up 56.7% vs Feb 2023; capacity (ASKs) rose 53.1%. Cargo rose 10.2%.
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AVIANCA

Mar 28, 2024
AVIANCA plans July 3 to begin Bogota-Paris CDG (787-8).
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CEBU PACIFIC

Mar 28, 2024
CEBU PACIFIC had ₱3,005b net income on ₱90,603b revenues in 2023 vs ₱4,800b loss on ₱56,751b in 2023.
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CRESTONE AIR PARTNERS

Mar 28, 2024
CRESTONE AIR PARTNERS (business unit of Air T), CO purchased 11 RB211-powered 757-300s (leased to CONDOR) in deal arranged by Altavair; purchase was co-funded by its joint venture partner ATALAYA CAPTIAL MANAGEMENT.
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CHINA POSTAL AIRLINES

Mar 28, 2024
CHINA POSTAL AIRLINES took delivery of 737-800BCF (35051; ex-Xiamen Airlines) and now has 14 737-800BCFs.
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ATLAS AIR

Mar 28, 2024
ATLAS AIR expanded long-term charter agreement with YunExpress (Zongteng Group) by adding a second 777-200LRF.
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PEGASUS AIRLINES

Mar 28, 2024
PEGASUS AIRLINES sold three A320neos (7380/7399/7429) with LEAPs to Nordic Aviation Capital for leaseback.
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STARLUX AIRLINES

Mar 28, 2024
STARLUX AIRLINES plans August 16 to begin three-times-weekly Taipei-Seattle (A350-900).
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FLYDUBAI

Mar 28, 2024
FLYDUBAI plans April 18 to begin twice-weekly Dubai-Al Jouf/-Red Sea International, Saudi Arabia (A320).
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ALC

Mar 28, 2024
ALC closed previously announced offering of €600m of senior unsecured medium-term notes due in April 2030.
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FEDEX EXPRESS

Mar 28, 2024
FEDEX EXPRESS reduced its number of 767-300F purchase rights from 50 to 43. It currently has 15 remaining on order.
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AIR INDIA

Mar 28, 2024
AIR INDIA took delivery of fourth A320neo (12016) with LEAPs from SMBC Aviation Capital under deal for six.
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TRANSAVIA

Mar 28, 2024
TRANSAVIA took delivery of second A321neo (11818) from ALC as part of deal for seven (SPNWS; Dec 22).
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GOMAIR

Mar 28, 2024
GOMAIR, Congo has acquired ex-Poste Air Cargo ATR 72-500F (588) from Aircraft Traders Belgium.

Business Aviation

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AVFLIGHT

Mar 23, 2024
AVFLIGHT acquired US AVIATION FBO SERVICES with 4,000 sq ft terminal/125,000 sq ft hangar space at Hattiesburg, MS.

SIRIUS AVIATION

Mar 25, 2024
SIRIUS AVIATION, Switzerland secured order commitment from PARQ DEVELOPMENT for 10 hydrogen-powered VTOL jets for operation in Bali, Indonesia, in deal valued at $50m, which includes establishing five vertiports on island.

NEW PACIFIC AIRLINES

Mar 25, 2024
NEW PACIFIC AIRLINES formed partnership with Florida-based Elevate Aviation to market private chartes with its 757s.
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CONSOLIDATED FUEL SYSTEMS

Mar 26, 2024
CONSOLIDATED FUEL SYSTEMS has acquired GREAT PLANES FUEL METERING, OK (overhauled fuel systems).
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EUTELSAT ONEWEB

Mar 28, 2024
EUTELSAT ONEWEB was selected by ALOFT AeroArchitects to provide LEO satellite connectivity services for a BBJ.

Defense

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GKN AEROSPACE

Mar 23, 2024
GKN AEROSPACE has 2-year contract from Sweden's FMV to develop conceptual studies for advanced power and propulsion systems to support future fighter systems. It will seek and develop collaboration with partners on program.

MRO

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ADAMS AVIATION

Mar 26, 2024
ADAMS AVIATION added repair capabilities for headsets, which includes adaptors, splitters, converters, and cables.
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ERA

Mar 26, 2024
ERA added AeroLys, France (technical management) as new affiliate member.
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GA TELESIS

Mar 26, 2024
GA TELESIS says its Ohio-based Specialized Procedures Aeroengine Hospital (SPAH) joint venture (with ATSG) was certified by EASA; facility can service 200 engines annually, prioritizing those produced by GE and CFM International.
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IFS

Mar 26, 2024
IFS was selected by Joby Aviation to provide its IFS Cloud solution for developing its eVTOL maintenance processes.
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STS AVIATION SERVICES UK

Mar 28, 2024
STS AVIATION SERVICES UK plans April 1 to open new line maintenance stations at East Midlands and Norwich.
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AAR

Mar 28, 2024
AAR broke ground on new 114,000 sq ft, 3-bay hangar at Miami International Airport to open in October 2025 to support dedicated narrowbody maintenance commitment from United Airlines; facility increases its capacity at site by 33%.
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PRATT & WHITNEY CANADA

Mar 28, 2024
PRATT & WHITNEY CANADA was selected by India's FLY91 for PW127M maintenance in support of its ATR 72-600s.

Who’sNews

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WHO'SNEWS: INNOVATIVE SOLUTIONS & SUPPORT

Mar 23, 2024
Jeffrey DiGiovanni to Chief Executive Officer of Innovative Solutions & Support, Malvern, PA.

WHO'SNEWS: DELTA

Mar 25, 2024
Peter Penseel to Senior Vice President of Delta Air Lines and President of Delta Cargo (effective June 1).

WHO'SNEWS: HOWMET AEROSPACE

Mar 25, 2024
Johan (John) Wall to President-Engineered Structures of Howmet Aerospace, Pittsburgh.

WHO'SNEWS: ASTM INTERNATIONAL

Mar 25, 2024
Andrew G. Kireta Jr. to President of ASTM International, PA (effective May 1). Katherine Morgan is retiring.
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WHO'SNEWS: NEXT LEVEL AVIATION

Mar 26, 2024
Frederick J. (Rick) Stine joined the Board of Directors of Next Level Aviation, Dania Beach, FL.
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WHO'SNEWS: SUPERNAL

Mar 26, 2024
David McBride to Chief Technology Officer of Supernal (Hyundai), Irvine, CA.

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WHO'SNEWS:LILIUM

Mar 26, 2024
Johan Malmqvist to Chief Financial Officer of Lilium, Munich.
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WHO'SNEWS: GREATER BAY AIRLINES

Mar 26, 2024
Liza Ng to Chief Executive Officer of Greater Bay Airlines, Hong Kong.