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Aerospace

LILIUM

May 14, 2024
LILIUM, Germany announced it is in advanced discussions with the French government to its expand industrial footprint with high-volume Lilium Jet manufacturing facilities in France; possible sites are being evaluated.

ARCHER AVIATION

May 14, 2024
ARCHER AVIATION reports its Midnight eVTOL completed >100 test flights in 1Q24. It says it is closing in on aircraft's transition milestone to take off vertically/accelerate from thrust-born to wing-borne flight and then land again vertically.

CANADIAN NORTH

May 14, 2024
CANADIAN NORTH plans in August 2024 to open 30,000 sq ft pilot training facility in Edmonton with CAE-built 737NG full-flight simulator.

DELTEK

May 14, 2024
DELTEK, VA received Safety Element Approval from FAA for its TIPQA quality management software; it says it is the first QMS solution to do so.

FOKKER NEXT GEN

May 14, 2024
FOKKER NEXT GEN secured MOU with airBaltic to collaborate on development of 120-150 seat liquid hydrogen-powered narrowbody aircraft for 2035; aircraft will have dual fuel tank system to handle SAF or kerosene if needed.
article

NIAR

May 14, 2024
NIAR (Wichita State University) secured $10m funding from NASA Aeronautics for research related to development and implementation of advanced materials for use in hot structures and thermal protection systems for hypersonic vehicles.
article

BOEING

May 14, 2024
BOEING delivered 24 aircraft (16 737 MAXs; two 767Fs; two 777Fs; four 787s) in April vs 26 (17 MAXs; 737NG; 767F; 777F; six 787s) in April 2023. It announced new order from an unidentified customer for two 787-10s and two 777-9s.
article

ALABAMA AEROSPACE

May 15, 2024
ALABAMA AEROSPACE has opened aerospace hardware distribution facility in Southern California, covering screws, bolts, nuts and washers.
article

LUFTHANSA TECHNIK

May 15, 2024
LUFTHANSA TECHNIK completed application of AeroSHARK surface film on 12 777-300ERs for SWISS; applied to the fuselage and engine nacelles, film reduces drag during the flight to promote lower fuel consumption and CO2 emissions.
article

VSE

May 15, 2024
VSE is making public offering of 2.1m shares at $71 each, plus purchase option for another 317k shares, to raise $141m to repay existing debt, including borrowings used to fund its acquisition of TURBINE CONTROLS, and support growth.
article

HEART AEROSPACE

May 15, 2024
HEART AEROSPACE opened R&D hub in Los Angeles for its hybrid-electric propulsion system and other key technologies for 30-pax ES-30 now under development for certification in 2028. It has commitments for 561 aircraft.

ARTEMIS AEROSPACE

May 15, 2024
ARTEMIS AEROSPACE, UK is opening a hub in Singapore to support SE Asian market with component solutions and global aerospace logistics.

UNIVERSAL AVIONICS (ELBIT SYSTEMS)

May 15, 2024
UNIVERSAL AVIONICS (Elbit Systems) launched CVR/FDR readout service.

US

May 15, 2024
US passed FAA Reauthorization Act of 2024 that authorizes programs and policies administered by the FAA through '28.
article

BOEING

May 17, 2024
BOEING delivered the 1,500th 737 MAX to RYANAIR.
article

AM CRAFT

May 17, 2024
AM CRAFT, Latvia was selected by Finnair to produce new blanking panels using 3D priniting for A320 PSU upgrade.
article

LILIUM

May 17, 2024
LILIUM began building 26,000 sq ft Lilium Jet certification test facility at Munich in partnership with SEGULA TECHNOLOGIES; facility will comprise an aircraft mounting frame for loads and moments, an airflow management system to enable representative flight conditions, and charging and cooling equipment for the aircraft’s batteries.
article

BOEING

May 17, 2024
BOEING is to start testing three dozen new technologies/materials on its ecoDemonstrator (777-200ER) to enhance ground movements, lower airport noise, reduce waste and weight, and improve cabin and passenger safety.
article

BOEING AEROSPACE DOHA

May 17, 2024
BOEING AEROSPACE DOHA is being established by Boeing and Invest Qatar as vehicle for research and technology advancements, innovation and support for startups, as well as driving and developing sustainable aviation in country.
article

TEXTRON AVIATION

May 17, 2024
TEXTRON AVIATION has FAA STC for its FANS and PM-CPDLC program for Hawker 4000 with PRIMUS EPIC cockpit.
article

ACUMEN AVIATION

May 17, 2024
ACUMEN AVIATION was selected by Halcyon Aviation Capital to provide its SPARTA asset management platform.
article

NORTHROP GRUMMAN

May 17, 2024
NORTHROP GRUMMAN signed agreement with NVIDIA to use its AI software to accelerate development of certain advanced systems.
article

FLYHT and MBS ELECTRONIC SYSTEMS

May 17, 2024
FLYHT and MBS ELECTRONIC SYSTEMS, Germany formed partnership to develop a secure wireless avionics software and onboard data loading solution.

Air Transport

AZUL

May 14, 2024
AZUL had R$1.1b net loss on R$4.7b revenues in 1Q24 vs R$322m loss on R$4.2b in 1Q23; it has R$2.7b in liquidity.

EVA AIR

May 14, 2024
EVA AIR, Taiwan says it has ordered four more 787-10s for delivery from 2029, joining two, plus nine 787-9s, on order.

AVION EXPRESS BRASIL

May 14, 2024
AVION EXPRESS BRASIL secured ANAC approval for Phase 2 of its AOC certification process and launched Phase 3, which includes review of manuals and other documentation, in preparation for startup of ACMI operations in 4Q24.

EL AL ISRAEL AIRLINES

May 14, 2024
EL AL ISRAEL AIRLINES wet-leased (ACMI) two 737-800s from KlasJet (Avia Solutions Group).

AV AIRFINANCE

May 14, 2024
AV AIRFINANCE arranged $240m loan facility for GOAL, secured by four A320neos and two A321neos.

TRANSAT

May 14, 2024
TRANSAT downgraded forecast for EBITDA margin for 2024, citing persistent operational challenges related to GTF engines, market dynamics leading to downward pressure on airline unit revenues, and consequences of strike threats.

ABRA GROUP

May 14, 2024
ABRA GROUP, UK agreed to make strategic investment into Spain's WAMOS AIR (air charters/wet-leases).

IAG

May 14, 2024
IAG had €4m net loss on €6.4b revenues in 1Q24 vs €87m loss on €5.9b in 1Q23; it ended quarter with €13.3b in liquidity.

WESTJET

May 14, 2024
WESTJET reached tentative agreement with IAM-represented load controllers on first CBA between organizations.

AEROMEXICO

May 14, 2024
AEROMEXICO took delivery of new 787-9 (62147) on lease from ALC.

AEROITALIA

May 14, 2024
AEROITALIA leased ex-Air Austral 737-800 (40911) from Blackbird Capital.

AUTOMATIC

May 14, 2024
AUTOMATIC purchased 737-300BDSF (23486) from Qantas.

ICELANDAIR

May 14, 2024
ICELANDAIR took delivery of new 737-8 (64948) on lease from BOC Aviation.

HONG KONG AIRLINES

May 14, 2024
HONG KONG AIRLINES leased ex-Vietnam Airlines A321-200 (4315) with V2500s from AerCap.

SUNEXPRESS

May 14, 2024
SUNEXPRESS leased ex-Norwegian 737-800 (39165) from FPG Amentum.

AIR TRANSAT

May 14, 2024
AIR TRANSAT leased ex-Heston A330-200 (1014) with Trent 700s from Avolon.

SOUTHWEST AIRLINES

May 14, 2024
SOUTHWEST AIRLINES plans June 4 to begin daily Orlando-Nassau, Bahamas (737).

WESTJET

May 14, 2024
WESTJET plans October 27 to begin daily Calgary-Tokyo Narita (787).

US DOT

May 14, 2024
US DOT says US airlines operated 549,439 flights in February, up 4.4% vs Feb 2023; on-time arrival rate was 83.7%.

EMIRATES GROUP

May 14, 2024
EMIRATES GROUP had record AED18.7b net profit for year ended March 31 (vs AED10.9b a year ago) on 15% higher revenues. EMIRATES AIRLINE earned AED17.2b vs AED10.6b on 13% higher revenues; capacity increased 20%.

ASCEND AIRWAYS

May 14, 2024
ASCEND AIRWAYS, UK launched service with 737-800 (38175) operated for CHAPMAN FREEBORN AIRCHARTERING.
article

AEROLINEAS ARGENTINAS

May 14, 2024
AEROLINEAS ARGENTINAS plans September 13 to begin Cordoba-Punta Cana (737-8).
article

SOUTH AFRICAN AIRWAYS

May 14, 2024
SOUTH AFRICAN AIRWAYS agreed to lease three A320-200s from CALC; first (7213; ex-Pacific Airlines) was delivered.
article

GARUDA

May 14, 2024
GARUDA wet-leased 777-200ER (28530) with Trent 800s from Eastern Airlines.
article

AEROMEXICO

May 14, 2024
AEROMEXICO filed for IPO on NYSE with backing from APOLLO GLOBAL MANAGEMENT and DELTA AIR LINES.
article

GOL

May 14, 2024
GOL had R$130.2m net loss on R$4.7b revenues in 1Q24 vs R$136.4m profit on R$4.9b in 1Q23; it has 142 737s.
article

A4A

May 14, 2024
A4A is projecting US airlines will carry record 271m pax this summer (June 1-August 31) vs 255m in summer 2023.
article

LONDON HEATHROW

May 14, 2024
LONDON HEATHROW handled 6.7m pax in April, up 4.8% vs April 2023.
article

FRAPORT GROUP

May 14, 2024
FRAPORT GROUP had €12.7m net income in 1Q24 vs €32.6m loss in 1Q23; revenues increased 16.3%.
article

EASYJET

May 14, 2024
EASYJET leased ex-Peach A320-200 (6824) with CFM56s from SMBC Aviation Capital.
article

ITA AIRWAYS

May 14, 2024
ITA AIRWAYS, Italy took delivery of new A321neo (11833) with GTFs on lease from Air Lease Corporation.
article

AIR NIUGINI

May 14, 2024
AIR NIUGINI leased ex-Oman Air 737-800 (40067) from Pembroke.
article

GENESIS

May 14, 2024
GENESIS, Dublin closed $450m warehouse facility to fund acquisition of additional aircraft; facility was led by Citibank, N.A.
article

AIR FRANCE-KLM GROUP

May 14, 2024
AIR FRANCE-KLM GROUP issued €650m in new bonds (with 5-year maturity) to refinance debt.
article

ALTA

May 15, 2024
ALTA added Star Perú as new airline member.
article

AVIA SOLUTIONS GROUP

May 15, 2024
AVIA SOLUTIONS GROUP issued US$300m in 5-year senior unsecured bonds to fund growth and repay outstanding debt.

AVIATION CAPITAL GROUP

May 15, 2024
AVIATION CAPITAL GROUP had $43.1m net income on $309m revenues in 1Q24 vs $14m on $258m in 1Q23; it ended quarter with owned/managed/committed fleet of 483 aircraft and $3.9b in liquidity. It is due to take 14 aircraft by end '24.

COPA

May 15, 2024
COPA had US$176.1m net income on US$893.5m revenues in 1Q24 vs $121.5m on $867.3m in 1Q23; it has $1.1b cash.

US DOT

May 15, 2024
US DOT reports 26 US scheduled pax airlines recorded $7.8b cumulative net profit in 2023 (vs $1.6b in 2022) on $236.3b operating revenues ($179.2b in fares; $7.1b in baggage fees; $1.1b in reservation change fees) vs $211.2b in 2022.
article

SIA GROUP

May 17, 2024
SIA GROUP had record S$2.7b net income on S$19b revenues for year ended March 31 vs S$2.2b on S$17.8b a year ago; cargo revenue fell 29.7% in second half. It ended year with 200 aircraft: 193 pax aircraft and seven freighters.
article

EASYJET

May 17, 2024
EASYJET had £350m pretax loss on £3.3b revenues for six months ended March 31 vs £411m loss on £2.7b a year ago. It ended period with 343 A320 Family aircraft, including 88 A319s (now being replaced) with another 306 on order.
article

PEGASUS AIRLINES

May 17, 2024
PEGASUS AIRLINES plans July 3 to begin three-times-weekly Ankara-Dublin, Ireland (A320).
article

BREEZE AIRWAYS

May 17, 2024
BREEZE AIRWAYS leased new A220-300 (55277) from Azorra; aircraft was assembled in Mirabel, Canada.
article

ETIHAD AIRWAYS

May 17, 2024
ETIHAD AIRWAYS leased ex-Bamboo A321neo (10284) with LEAPs from AerCap.
article

AIR NEW ZEALAND

May 17, 2024
AIR NEW ZEALAND leased ex-Cathay Pacific 777-300ER (39237) from BBAM.
article

TRADE AIR

May 17, 2024
TRADE AIR, Croatia leased ex-Air China A320-200 (3337) with CFM56s from ICBC Leasing.
article

LOT POLISH AIRLINES

May 17, 2024
LOT POLISH AIRLINES took delivery of new 737-8 (66355) on lease from Air Lease Corporation.
article

WINDROSE

May 17, 2024
WINDROSE, Ukraine is expected to acquire two ex-Ukraine International 737-800s (38121/41536) and E190 (589).
article

AIR FRANCE

May 17, 2024
AIR FRANCE plans October 28 to begin Paris CDG-Salvador, Brazil (A350).
article

PORTUGAL

May 17, 2024
PORTUGAL plans to build new €9b international airport at Alcochete (near Lisbon) for 2034.
article

GETJET AIRLINES

May 17, 2024
GETJET AIRLINES, Lithuania earned (EBITDA) €28.1m in 2023, up 316% vs 2022; revenues rose 70% to €176m. It currently operates flights to >170 airports; clients include Wizz Air, Finnair, Transavia, Iceland Air, TUI and Vueling.
article

WIZZ AIR

May 17, 2024
WIZZ AIR plans June 18 to begin three-times-weekly London Gatwick-Varna, Bulgaria (A320).
article

AMERICAN AIRLINES

May 17, 2024
AMERICAN AIRLINES plans December 5 to begin daily Miami-La Romana, DR (A319).
article

ATLAS AIR

May 17, 2024
ATLAS AIR is expected to acquire four 747-400Fs: (28434/29902; ex-Silk Way West) and (30766/30767; ex-China Airlines).

Business Aviation

PRATT & WHITNEY CANADA

May 14, 2024
PRATT & WHITNEY CANADA has Transport Canada type certification for PW545D for Textron's Cessna Citation Ascend, of which the prototype aircraft has completed numerous certification tests and >350 flight test hours for EIS in 2025.
article

SONOMA AVIATION

May 14, 2024
SONOMA AVIATION announced Carlsbad Jet Center (KCRQ) and Sonoma Jet Center (KSTS) have achieved IS-BAH Stage 3 accreditation for safety, professionalism and operational excellence at its California fixed base operations (FBOs).
article

PRECISION SUPPORT SERVICES

May 14, 2024
PRECISION SUPPORT SERVICES joined SmartSky's dealer network; it completed first LITE installation on a PC-12.

GULFSTREAM AEROSPACE

May 15, 2024
GULFSTREAM AEROSPACE secured EASA type certification for G700, following FAA certification on March 29.
article

TEXTRON AVIATION

May 17, 2024
TEXTRON AVIATION has FAA STC for its FANS and PM-CPDLC program for Hawker 4000 with PRIMUS EPIC cockpit.

Defense

article

RAZORLEAF

May 14, 2024
RAZORLEAF, OH has Boeing contract to upgrade the C-17 digital maintenance and training software systems by providing new PLM software/services.

MRO

SIA ENGINEERING COMPANY (SIAEC)

May 14, 2024
SIA ENGINEERING COMPANY (SIAEC) was appointed by Air India as strategic partner to develop base maintenance facilities, including associated repair shops, in Bangalore for operation in 2026 to support widebodies/narrowbodies.

SIA ENGINEERING COMPANY

May 14, 2024
SIA ENGINEERING COMPANY had S$97.1m net income on S$1.1b revenues for year ended March 31 vs S$66.4m on S$796m a year ago; it performed 89 heavy checks and 773 light checks at Singapore Changi vs 94/568 a year ago.

CFM MATERIALS

May 14, 2024
CFM MATERIALS purchased two CFM56-7Bs from Sanad.

LAUNCH

May 14, 2024
LAUNCH has acquired PROFESSIONAL SERVICES DEVELOPMENT (PSD), FL, which provides staffing/workforce solutions for aircraft conversions.
article

LUFTHANSA

May 14, 2024
LUFTHANSA TECHNIK has 5-year Eurowings Technik contract to provide base maintenance for Eurowings' A320 Family aircraft out of Budapest and Sofia starting in 2H24; it expects to complete letter checks on 40 aircraft over coming years.
article

COMMERCIAL JET

May 14, 2024
COMMERCIAL JET has FAA certification to maintain, modify and overhaul 737 MAXs at Dothan, AL in addition to Miami.
article

NTE AVIATION

May 15, 2024
NTE AVIATION, TX purchased ex-Amelia International ATR72-200F (461) from TrueNoord for part out.
article

IAI

May 17, 2024
IAI plans 2H24 to begin converting its first A330-300 (1574; ex-Air Europa) to freighter; certification is planned for mid-'25.
article

GA TELESIS

May 17, 2024
GA TELESIS has disassembly consignment agreement with European-based lessor for a 737-800 with two CFM56-7Bs.

Who’sNews

WHO'SNEWS: BOEING JAPAN

May 14, 2024
Eric John to President of Boeing Japan (effective June 2024).

WHO'SNEWS: AVIOCRAFT

May 14, 2024
Roy Hyde to Vice President of Operations of Aviocraft, a Wienberg Capital, SRA Company.

WHO'SNEWS: LANZAJET

May 14, 2024
Doreen Pryor to Chief Financial Officer of LanzaJet, Chicago.

WHO'SNEWS: AFG AVIATION IRELAND

May 14, 2024
Fouad Attar to Senior Advisor to the Board of AFG Aviation Ireland.

WHO'SNEWS: BOEING GLOBAL SERVICES

May 14, 2024
Will Shaffer to Vice President of Growth Strategy of Boeing Global Services, TX.

WHO'SNEWS: AVIOCRAFT

May 14, 2024
Roy Hyde to Vice President of Operations of Aviocraft, a Wienberg Capital, SRA Company.
article

WHO'SNEWS: TARMAC AEROSAVE

May 14, 2024
Christian Ceruti to Chief Commercial and Development Officer of Tarmac Aerosave, France.
article

WHO'SNEWS: TORAY ADVANCED COMPOSITES

May 14, 2024
Scott Unger to Global Chief Executive Officer of Toray Advanced Composites, Morgan Hill, CA.
article

WHO'SNEWS: TORAY ADVANCED COMPOSITES

May 14, 2024
Steve Cease to Managing Director-USA and Global Chief Technology Officer of Toray Advanced Composites, Morgan Hill, CA.
article

WHO'SNEWS: HEART AEROSPACE

May 15, 2024
Benjamin Stabler to Chief Technology Officer, based in Los Angeles, of Heart Aerospace.
article

WHO'SNEWS: ALABAMA AEROSPACE WEST

May 15, 2024
Michael Dominguez to Site Manager of Alabama Aerospace West, Santa Fe Springs, CA.

WHO'SNEWS: WBParts

May 15, 2024
Jason Bristol to General Manager of WBParts, Palm Bay, FL.
article

WHO'SNEWS: SIA GROUP

May 17, 2024
Leslie Thng to Executive Vice President of SIA Group, Singapore (effective July 1).
article

WHO'SNEWS: EASYJET

May 17, 2024
Kenton Jarvis to Chief Executive Officer of easyJet (effective early 2025); Johan Lundgren is stepping down.
article

WHO'SNEWS: KAMAKA AIR

May 17, 2024
David Hinderland to Chief Executive Officer of Kamaka Air, HI; Ken Gile will serve as Chief Operating Officer.