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Aerospace

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SPIRIT AEROSYSTEMS

May 21, 2024
SPIRIT AEROSYSTEMS plans to layoff 400-450 hourly workers at Wichita amid Boeing production slowdown.
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MUBADALA

May 21, 2024
MUBADALA ended FY23 with Assets Under Management of AED1,110b.
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ETIHAD TRAINING

May 21, 2024
ETIHAD TRAINING was selected by Archer Aviation to train Midnight pilots.
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LCI AND SMFL

May 22, 2024
LCI and SMFL ordered 14 H145, H160 and H175 helicopters from Airbus, and optioned seven, for delivery through '28.
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AURORA FLIGHT SCIENCES

May 22, 2024
AURORA FLIGHT SCIENCES (Boeing) completed conceptual design review for vertical lift X-plane to be developed under DARPA's SPRINT program; concept is low-drag, fan-in-wing demonstrator that integrates a blended wing body platform.
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NEXT LEVEL AVIATION

May 22, 2024
NEXT LEVEL AVIATION, FL has USM consignment agreement with Aeras Aviation for CFM56-5B/-7B accessories.
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AIRBUS UPNEXT

May 22, 2024
AIRBUS UPNEXT began testing new technologies to support automatic aircraft taxiing and enhance pilot assistance using an innovative electric truck under 3-year 'Optimate' research project; it will then test technologies on an A350.
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BOEING

May 22, 2024
BOEING announced plan (as ITB commitment for Canada's selection of P-8A) to invest $240m into Quebec's new aerospace innovation zone to fund a new aerospace development center and strategically invest into Héroux-Devtek and Wisk.
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H55

May 22, 2024
H55, Switzerland secured equity investment commitment from Investissement Québec to bring its electric aircraft technologies to North America. H55 Canada plans to start battery pack production at Longueuil in late 2024.
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AIRBUS AND ZEROAVIA

May 22, 2024
AIRBUS and ZEROAVIA signed MOUs with Montréal Trudeau, Vancouver Intl., and Toronto Pearson to study feasibility of hydrogen infrastructures.
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JOBY AVIATION

May 22, 2024
JOBY AVIATION has MOU from Mukamalah (Saudi Aramco) to introduce undisclosed number of eVTOLs in Saudi Arabia.
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TRANSDIGM GROUP

May 23, 2024
TRANSDIGM GROUP acquired British Columbia's SEI INDUSTRIES (aerial firefighting solutions).
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HÉROUX-DEVTEK

May 23, 2024
HÉROUX-DEVTEK had C$38.3m net income on C$630m revenues for year ended March 31 vs C$13.8m on C$544m a year ago; Civil sales were up 42.6% to C$243.4m, mainly driven by increased deliveries for 777, Praetor and E2 programs.
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GEN PHOENIX

May 23, 2024
GEN PHOENIX, UK launched Helios fully recyclable aircraft seat covers in partnership with SABETI WAIN AEROSPACE and DOY DESIGN.
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KOMY

May 23, 2024
KOMY, Japan unveiled new SPR model mirror for overhead stowage bins with it says 30% cost-cutting and weight reduction by reviewing materials and the manufacturing method.
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GE AEROSPACE

May 23, 2024
GE AEROSPACE says it plans to hire 900 new engineers in 2024, increasing its total employment to about 53,000.
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DELTA FLIGHT PRODUCTS

May 23, 2024
DELTA FLIGHT PRODUCTS, in partnership with PRIESTMANGOODE, is unveiling two seats that allow pax to remain in their own wheelchair for entire flight and an accessible lavatory which accommodates wheelchair and two attendants.
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TRIUMPH GROUP

May 24, 2024
TRIUMPH GROUP had $512.4m net income on $1.19b net sales for year ended March 31 vs $89.6m on $1.13b a year ago and ended year with $1.9b backlog, up 22% from prior fiscal year end. Commercial aftermarket sales rose 30%.
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AERFI

May 22, 2024
AERFI says it has now been contracted to supply its Iridium LEO inflight connectivity solution (uses SKYTRAC’s DLS-100 midband transceiver in conjunction with antennas mounted on either side window) on 50 aircraft.
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ROLLS-ROYCE

May 24, 2024
ROLLS-ROYCE says long-term service agreement large engine flying hours (EFH) have returned to 100% of 2019 levels. Its expectations of large EFH at 100%-110% of 2019 levels/1,300-1,400 shop visits/500-550 deliveries are unchanged.
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AIRBUS

May 24, 2024
AIRBUS plans to establish a Tech Hub in Japan to advance research, technology and innovation in aerospace, including development of new materials, decarbonization technologies, robotics and automation, in preparation for next-gen aircraft.
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CAE

May 24, 2024
CAE expects demand for civil aviation training solutions to remain compelling and management expects low double-digit percentage of operating income growth in FY25 with an annual adjusted segment operating income margin (aSOI) of 23%.
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HINDUSTAN AERONAUTICS

May 24, 2024
HINDUSTAN AERONAUTICS had INR76b net income on record INR322.8b revenues for year ended March 31 vs INR58.1b on INR286b a year ago. It says it signed contract with Airbus to establish A320 MRO facility in New Delhi.
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AIRBUS

May 24, 2024
AIRBUS has launched Cryoprop technological demonstrator to accelerate maturation of superconducting technologies for hydrogen-powered aircraft.

Air Transport

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AVATION

May 21, 2024
AVATION agreed to sell two ATR 72-600 delivery slots (1Q24/1Q25) to an unidentified airline due to attractive economics. It expects deal to result in net cash proceeds of >$10m, earmarked for PDPs for its remaining 10 ATR 72-600s on order.
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BRASPRESS AIR CARGO

May 21, 2024
BRASPRESS AIR CARGO, Brazil leased second ex-ASL Airlines Belgium 737-400F (29206) from World Star Aviation.
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SAUDIA GROUP

May 21, 2024
SAUDIA GROUP ordered another 93 A321neos and 12 A320neos and now has 144 A320neo Family aircraft on order.
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RYANAIR

May 21, 2024
RYANAIR earned €1.9b for year ended March 31 (vs €1.3b a year ago) on 25% higher revenues. It ended year with 146 737-8200s and hopes to increase fleet to 158 by end of July, which would be 23 short of its contracted Boeing deliveries.
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ASL AIRLINES AUSTRALIA

May 21, 2024
ASL AIRLINES AUSTRALIA added its first 737-800BCF (34797) to fleet; aircraft is part of ASL's 737-800BCF program that includes slots for 40 conversions for delivery to its airlines in Ireland, France, Belgium, Thailand, India and Australia.
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RYANAIR

May 21, 2024
RYANAIR says it expects European airline consolidation to continue, with takeovers of ITA and AIR EUROPA progressing and sale of TAP approaching. This, in addition to A320 fleet groundings and large backlog of OEM aircraft deliveries, is likely to constrain capacity growth in Europe for some years, underpinning its growth plan (to 300m pax) over 10 years.
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IBERIA

May 21, 2024
IBERIA will now be the first airline to operate the (182-pax) A321XLR, replacing Aer Lingus, to be delivered in mid-2024.
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AQUILA AIR CAPITAL

May 21, 2024
AQUILA AIR CAPITAL secured another $100m in new financing, upsizing its current term loan facility to $200m; portfolio includes >100 CF6-80C2, CF6-80E, GE90-115B, CFM56-7B, CFM56-5B, PW4000, PW2000 and RB211-525E4 engines.
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LEVU AIR CARGO

May 21, 2024
LEVU AIR CARGO, Brazil leased A321-200PCF (775) with CFM56s from SmartLynx for startup (SPNWS; May 10).
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THAI AIRWAYS

May 21, 2024
THAI AIRWAYS leased ex-Bamboo 787-9 (62739) with GEnx-1Bs from AerCap.
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AEROLINEAS ARGENTINAS

May 21, 2024
AEROLINEAS ARGENTINAS leased new 737-8 (43917) from ICBC Leasing; aircraft was originally due for Ukraine Intl.
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MESA AIR GROUP

May 21, 2024
MESA AIR GROUP had $57.9m net loss on $119m revenues for first quarter ended December 31 vs $9.1m loss on $147m a year ago; it has successfully completed majority of its surplus CRJ asset sales, finalizing $390m in sales.
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UZBEKISTAN AIRWAYS

May 21, 2024
UZBEKISTAN AIRWAYS wet-leased two A330-200s (1260/TBA) from Qanot Sharq Airlines for one year.
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BERNIQ AIRWAYS

May 21, 2024
BERNIQ AIRWAYS, Libya agreed to order six A320neo Family aircraft. It currently operates six A320-200s.
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SAS

May 22, 2024
SAS signed new SEK4.5b agreement with Apollo to provide charter services out of 15 Scandinavian cities in 2025-2027.
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SAS

May 22, 2024
SAS plans in November 2024 to begin Copenhagen-Banjul, Gambia (A321LR).
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SOUTHWEST AIRLINES

May 22, 2024
SOUTHWEST AIRLINES applied to US DOT to begin daily nonstop Reagan National-Las Vegas (737).
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AER LINGUS

May 22, 2024
AER LINGUS plans October 25 to begin Dublin-Las Vegas (A330-300).
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AVELO AIRLINES

May 22, 2024
AVELO AIRLINES plans July 12 to begin twice-weekly Washington Dulles-New Haven, CT (737).
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BRAATHENS INTERNATIONAL AIRWAYS

May 22, 2024
BRAATHENS INTERNATIONAL AIRWAYS leased ex-Ultra Air A320-200 (3240) with CFM56s from DAE Capital.
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WESTJET

May 22, 2024
WESTJET plans to begin Calgary-/Toronto-Talum and Winnipeg-Los Cabos on Nov 9; Kelowna-Mazatlan on Dec 13 (737).
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SUN COUNTRY

May 22, 2024
SUN COUNTRY plans to begin Milwaukee-Punta Cana, DR on Dec 26 and -Montego Bay, Jamaica on Jan 25 (737).
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AIRBALTIC

May 23, 2024
AIRBALTIC had €40.6m net loss on record €132.3m revenues in 1Q24 vs €10.3m loss on €104m in 1Q23.
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AEROMEXICO

May 23, 2024
AEROMEXICO plans to gradually retire its E190s from Aeromexico Connect fleet in favor of flying all-737 MAX fleet.
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JETBLUE

May 24, 2024
JETBLUE began seasonal daily JFK-Edinburgh (A321neo); it will operate route through September 30.
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ALAFCO

May 24, 2024
ALAFCO lost KD4.7m on KD19.4m lease revenues for six months ended March 31 vs KD192k loss on KD17m a year ago.
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WIZZ AIR

May 24, 2024
WIZZ AIR had €365.9m net income on €5.1b revenues for year ended March 31 vs €535.1m loss on €3.9b a year ago; it has 208 aircraft with 47 on ground due to GTF engine-related matters (expecting circa 50 by end of first half FY25).
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HESTON AIRLINES

May 24, 2024
HESTON AIRLINES, Lithuania leased ex-Global Airways A320-200 (2108) with V2500s from Zephyrus Aviation Capital.
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BREEZE AIRWAYS

May 24, 2024
BREEZE AIRWAYS has committed to grow its base at Rhode Island T.F. Green International Airport (PVD) in Providence to 35 destinations served by 2029, nearly double the 18 it serves from the airport currently.
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DUBAI INTERNATIONAL AIRPORT

May 24, 2024
DUBAI INTERNATIONAL AIRPORT handled 23.1m pax in 1Q24, up 8.4% vs 1Q23; movements increased 8.3% to 109,238 flights (217 pax per flight).
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CONDOR

May 24, 2024
CONDOR wet-leased A320-200 (7345) from Air Bulgaria.
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MAERSK AIR CARGO

May 24, 2024
MAERSK AIR CARGO, Denmark says it expects to take delivery of its two 777Fs on order in 2H24 for service entry in 4Q.
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BINANI AIR

May 24, 2024
BINANI AIR, Nigeria leased e-Jasmin Airways E170LR (170) from CIAF Leasing.
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RENEGADE AIR

May 24, 2024
RENEGADE AIR, Kenya took delivery of converted ATR 72-500F (875; ex-TruJet) on lease from Abelo (SPNWS; May 10).
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NAV CANADA

May 24, 2024
NAV CANADA reports traffic increase of 6.5% in April vs April 2023.
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SPIRIT AIRLINES

May 24, 2024
SPIRIT AIRLINES applied to US DOT to begin daily nonstop Reagan National-San Jose, CA (A320).

Business Aviation

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AIR NEW ENGLAND

May 21, 2024
AIR NEW ENGLAND added a Cessna Citation Mustang to its charter fleet out of Portsmouth, NH for travel in northeast US.
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EMBRAER

May 21, 2024
EMBRAER, EVE and GROUP ADP signed MOU to develop low-carbon operations in and around Paris CDG, supporting development AAM operations with eVTOLs by enhancing Embraer's maintenance operations for future Energia family.
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TEXTRON AVIATION

May 21, 2024
TEXTRON AVIATION earned FAA certification for new Combi interior conversion option for Cessna SkyCourier.
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BUSINESS JET

May 22, 2024
BUSINESS JET, Dallas was selected by SpaceX as authorized dealer/installer of its Starlink inflight connectivity system.
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AERFI

May 22, 2024
AERFI says it has now been contracted to supply its Iridium LEO inflight connectivity solution (uses SKYTRAC’s DLS-100 midband transceiver in conjunction with antennas mounted on either side window) on 50 aircraft.
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ELEVATE AVIATION GROUP

May 22, 2024
ELEVATE AVIATION GROUP was selected by SpaceX as authorized dealer/installer of its Starlink inflight connectivity system out of Elevate MRO facility in Salt Lake City. Elevate Jet intends to offer Starlink as its sole connectivity product.
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ORIENS AVIATION

May 23, 2024
ORIENS AVIATION, UK joined the International Aircraft Dealers Association (IADA); it completed >20 deals in 2023.
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PRIMJET

May 23, 2024
PRIMJET, AZ received FAA approval to operate international charters; it now has two Challenger 350s and a Lear 45XR.
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FLYINGGROUP

May 23, 2024
FLYINGGROUP, Belgium added a ninth PC-24 to its fleet management program; it currently has >50 business jets.
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QATAR EXECUTIVE

May 24, 2024
QATAR EXECUTIVE took delivery of the first two G700s, becoming it says exclusive commercial operator of the aircraft.
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TAVAERO JET CHARTER

May 24, 2024
TAVAERO JET CHARTER, Houston has added a Falcon 900 and Cessna Citation CJ3 to its charter fleet.

Business Aviation/MRO

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AMETEK MRO

May 24, 2024
AMETEK MRO is consolidating its business jet MRO capabilities in Europe to support the rapid expansion of the business aviation sector worldwide. AMETEK MRO AEM and ANTAVIA have both enhanced their MRO capabilities.
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LUFTHANSA TECHNIK

May 24, 2024
LUFTHANSA TECHNIK is launching a holistic, chemical-free fuel tank sanitization procedure for VIP and business jets.

MRO

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TP AEROSPACE

May 21, 2024
TP AEROSPACE opened new 10,000 sq meter wheel and brake MRO and warehouse facility in Brno, Czech Republic.
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SWISSPORT

May 21, 2024
SWISSPORT has Gulf Air contract to manage ground handling/cargo operations at Geneva.
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CZECH AIRLINES TECHNICS

May 22, 2024
CZECH AIRLINES TECHNICS began building 2,100 sq meter paint facility at Prague for completion in October 2024.
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XTREME AVIATION

May 22, 2024
XTREME AVIATION is building 70,000 sq ft MRO hangar at Fort Lauderdale in partnership with SHELTAIR for 3Q25.
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ADE CAMBODIA

May 22, 2024
ADE CAMBODIA received AMO certification from the Cambodia CAA.
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BIRD AVIATION

May 22, 2024
BIRD AVIATION, Cyprus was selected by Avion Express to complete heavy check on V2500-powered A320-200.
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EVE AIR MOBILITY AND SAUDIA TECHNIC

May 22, 2024
EVE AIR MOBILITY and SAUDIA TECHNIC signed MOU to explore the potential demand of eVTOL MRO in region.
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PORTER AIRLINES

May 22, 2024
PORTER AIRLINES opened 2-hangar, 150,000 sq ft MRO facility at Ottawa to support its fleet of 29 Dash 8-400s and existing/future fleet of up to 100 E195-E2s. OIAA built new taxiway and related infrastructure to support the development.
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NOMAD TECHNICS

May 23, 2024
NOMAD TECHNICS completed C-check on a Head of State ACJ320 at its Basel/Switzerland facility.
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HAECO

May 23, 2024
HAECO extended A330F line maintenance contract with Hong Kong Air Cargo at Hong Kong International through 2026.
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SAUDIA TECHNIC AND SAUDI TELECOM

May 24, 2024
SAUDIA TECHNIC and SAUDI TELECOM signed MOA to integrate artificial Intelligence (AI) and Internet of Things (IoT) solutions into MRO operations.
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AIRPLANE PAINTER

May 24, 2024
AIRPLANE PAINTER, Toulouse was selected by Deutsche Aircraft to provide stripping and repainting of D328 fleet.
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AVIANOR

May 24, 2024
AVIANOR, Canada has new long-term Air Canada contract to provide A220 heavy maintenance. It is building $70m, 105,000 sq ft A220 Center of Excellence (four maintenance lines) at Montreal-Mirabel to open in 2H24 (SPNWS; Oct 20).

Defense

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AIR INDUSTRIES GROUP

May 21, 2024
AIR INDUSTRIES GROUP secured $8.2m in new orders for UH-60/H-92 components. It posted $1.9m gross profit on $14m revenues in 1Q24.
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AIR INDUSTRIES GROUP

May 22, 2024
AIR INDUSTRIES GROUP has $2.4m order for spare E-2C landing gear assemblies for delivery in 2026/2027.
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SAFRAN

May 24, 2024
SAFRAN was selected by Bell Textron to provide the starter-generation systems for U.S. Army’s new Future Long Range Assault Aircraft (FLRAA) program.
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COLLINS

May 24, 2024
COLLINS was selected by SNC to supply multiple systems/products to upgrade E-4Bs under USAF SAOC program.

Who'sNews

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WHO'SNEWS: ATR

May 21, 2024
Andrea Coccetti to Senior Vice President and Chief Financial Officer of ATR, Toulouse.
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WHO'SNEWS: BOEING CANADA

May 21, 2024
Al Meinzinger to President of Boeing Canada, Ottawa.
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WHO'SNEWS: FORWARD AIR

May 22, 2024
Jamie G. Pierson to interim Chief Financial Officer of Forward Air, Greeneville, TN.
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WHO'SNEWS: CAE

May 22, 2024
Nick Leontidis to Chief Operating Officer of CAE, Montreal.
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WHO'SNEWS: GE AEROSPACE

May 23, 2024
Sarah Aoun to Head of Global Lessor Sales, based in UAE, of GE Aerospace.
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WHO'SNEWS: DAHER

May 24, 2024
Stephen Stasiak to General Manager of Aerostructures Facility in Stuart, FL of Daher.