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Aerospace

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ASTRONICS

May 29, 2024
ASTRONICS delivered its 350th shipset of EmPower UltraLite G2 pax power system; it has backlog of 300 more.
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AVIATION TECHNICAL SERVICES

May 29, 2024
AVIATION TECHNICAL SERVICES (ATS), WA realigned its materials businesses to bring together the sales, revenue generation, and related strategy development of its component repair, component sales and engineering teams.
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HEICO FLIGHT SUPPORT GROUP

May 29, 2024
HEICO FLIGHT SUPPORT GROUP earned $148.9m on $647m sales for second quarter ended April 30 vs $99.9m on $392m a year ago, reflecting 12% quarterly organic net sales growth driven by aftermarket replacement parts business.
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BURRANA

May 29, 2024
BURRANA was selected by Cayman Airways to supply in-seat power for 144 B/E Aerospace Meridian seats on four 737-8s.
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SOISA AIRCRAFT INTERIORS

May 29, 2024
SOISA AIRCRAFT INTERIORS launched BFE dress cover management service, designed to reduce lead times.
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COLLINS AEROSPACE

May 29, 2024
COLLINS AEROSPACE introduced Helix lightweight main cabin seat for narrowbodies; it is negotiating for orders.
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RECARO AIRCRAFT SEATING

May 29, 2024
RECARO AIRCRAFT SEATING was selected by airBaltic to supply economy class seats for A220-300s from 2026.
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PANASONIC

May 29, 2024
PANASONIC was selected by Air Canada to supply Astrova IFE for >80 787s, A220s and A321s from 2025.
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ATR

May 29, 2024
ATR unveiled new HighLine all-business class interior that features 1-1 layout with ETEREA seats designed by GEVEN; it named Malaysia-based Berjaya Air as launch customer for retrofit of two ATR 72-600s in 2025 to serve luxury resorts.
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ELECTRA

May 29, 2024
ELECTRA completed the first high-performance ultra-short flight of its piloted EL-2 Goldfinch hybrid-electric eSTOL demonstrator; aircraft took off in
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CTG

May 29, 2024
CTG has agreed to integrate its inventory into Accuris' Haystak Gold logistics and supply chain management platform.
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AI ADOPTION ALLIANCE

May 29, 2024
AI ADOPTION ALLIANCE was formed by Cities Today Institute, Zensors AI, NVIDIA and AWS to advance use of artificial intelligence (AI) technologies in aviation, addressing critical subjects such as data governance, integration with legacy systems, accuracy/reliability, standardization, regulatory compliance, use case evaluation, and change management.
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CIRIUM

May 29, 2024
CIRIUM introduced Emerald Sky methodology for measuring aircraft carbon emissions and fuel burn on seat-by-seat basis, based on specific aircraft type and design specifications, combined with real-time operational data and flight conditions.
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JEH AEROSPACE and GS PRECISION

May 29, 2024
JEH AEROSPACE and GS PRECISION teamed to establish engine component production facility in Hyderabad, India.
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PANASONIC AVIONICS

May 30, 2024
PANASONIC AVIONICS was selected by Taiwan's EVA Air to provide IFEC/digital services for 54 aircraft, including Astrova IFE, Marketplace e-commerce solution, and Arc moving map for 18 A350-1000s and 14 777-300ERs and eXW wireless IFE solution for 17 A321s, and NEXT and eX3 IFE, plus connectivity services, for five 787-9s.
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EXPLISEAT

May 30, 2024
EXPLISEAT was selected by Jazz to supply new seats for 25 Dash 8-400s as part of $10m investment to modernize cabins.
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AVIA SOLUTIONS GROUP

May 30, 2024
AVIA SOLUTIONS GROUP posted €508.8m revenues in 1Q24, up 26% vs 1Q23; it had €97.5m net loss, primarily due to investments into fleet capacity and crew in preparation for it says a record-breaking summer season and expansion.
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ACRO

May 30, 2024
ACRO was selected by Voltoea (as launch customer) to supply Recline version of Series 9 seat for its A319s/A320s.
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AIRBUS

May 30, 2024
AIRBUS was selected by SWISS to supply EFW-manufactured Airspace L-Bins for retrofit on three A320s and five A321s, by THAI to retrofit 20 A320s with reclining business class seats, and China Airlines to reconfigure 15 A350s.
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INNOVATIVE SOLUTIONS & SUPPORT

May 30, 2024
INNOVATIVE SOLUTIONS & SUPPORT received unsolicited, non-binding indication of interest to make a proposal from investor Christopher Harborne to acquire all shares not already owned by Harborne for $7.25 each; Board is reviewing.

Air Transport

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PORTER AIRLINES

May 29, 2024
PORTER AIRLINES plans October 3 to begin daily Toronto Pearson-Phoenix, AZ (E195-E2).
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SOUTHERN AIRWAYS EXPRESS

May 29, 2024
SOUTHERN AIRWAYS EXPRESS began subsidized Williamsport, PA-Washington Dulles (Saab 340).
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SUNEXPRESS

May 29, 2024
SUNEXPRESS leased ex-Norwegian 737-800 (39006) from FPG Group.
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AEGEAN AIRLINES

May 29, 2024
AEGEAN AIRLINES took delivery of GTF-powered A321neo (11827) on lease from SMBC Aviation Capital.
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AIR TRANSAT

May 29, 2024
AIR TRANSAT leased ex-Uzbekistan A330-200 (1045) with Trent 700s from Heston Airlines.
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ABRA GROUP

May 29, 2024
ABRA GROUP began talks with AZUL to explore opportunities for potential business combination with bankrupt GOL.
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AMERICAN AIRLINES

May 29, 2024
AMERICAN AIRLINES lowered its 2Q24 guidance for adjusted operating margin by one percentage point, to between approximately 8.5% to 10.5%, as y-o-y TRASM is expected to be down 5-6% vs down 1-3% as previously forecast.
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DEUCALION

May 29, 2024
DEUCALION purchased 737-8 (44605; leased to TUI Airways) in conjunction with BOT LEASE (BOTL), Japan.
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AELF

May 29, 2024
AELF acquired ex-Flair Airlines 737-800 (36548) from Airborne Capital for lease to FLYSAFAIR, South Africa.
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AIR NEW ZEALAND

May 29, 2024
AIR NEW ZEALAND established 3-year, NZ$250m unsecured syndicated revolving credit facility for standby liquidity support; new facility replaces previous $400m facility and was arranged by ANZ Bank New Zealand and MUFG Bank.
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HOPSCOTCH AIR

May 29, 2024
HOPSCOTCH AIR, NY signed LOI to purchase three eFlyer 4s and one eFlyer 2 trainer from Bye Aerospace for air taxis.
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BBN AIRLINES

May 29, 2024
BBN AIRLINES took delivery of ex-Turkish Airlines A321-200 (2916) on lease from Nexus Aviation Ventures (SPNWS; Feb 2).
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PORTER AIRLINES

May 29, 2024
PORTER AIRLINES agreed to sell four E195-E2s to Elevate Capital Partners for leaseback; first (130) was delivered.
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IATA

May 30, 2024
IATA reports year-over-year global pax traffic was up 11% in April on 9.6% higher capacity; cargo rose 11.1%.
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WESTJET

May 30, 2024
WESTJET issued advance lockout notice to ALPA; work stoppage could occur as early as June 1 at 6 pm MT.
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JETBLUE

May 30, 2024
JETBLUE plans by end 2024 to open crew base in San Juan, PR as station for 120 pilots and 325 flight attendants by '25.
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NATIONAL AIRLINES

May 30, 2024
NATIONAL AIRLINES, FL purchased ex-THAI A330-300 (1348) with Trent 700s from Stratos.
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ACC AVIATION

May 30, 2024
ACC AVIATION, London arranged the sale of Dornier 328-100 (3088), along with a spare engine, propeller assembly, and a comprehensive spares and tooling package, to an undisclosed buyer on behalf of Eagle Air Iceland.
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SAS

May 30, 2024
SAS had SEK2.9b net loss on SEK10b revenues for three months ended April 30 vs SEK1.5b loss on SEK9b a year ago.
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AFCOM

May 30, 2024
AFCOM HOLDING, India agreed to lease two 737-800Fs (28617; ex-Yakutia/30160; ex-Azur Air) from Spectre Air Capital for startup. It is making IPO on Bombay Stock Exchange.
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IATA

May 30, 2024
IATA added TUS Airways as new airline member. It now has 334 members, including 126 in Europe.
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AIR INUIT

May 30, 2024
AIR INUIT, Canada took redelivery of 737-800SF (40855) following conversion to freighter by Aeronautical Engineers.
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ENTER AIR

May 30, 2024
ENTER AIR, Poland leased ex-Pegasus 737-800 (35216) from FTAI Aviation.
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HOP!

May 30, 2024
HOP! leased ex-KLM Cityhopper E190 (519) from Falko Regional Aircraft.

Business Aviation

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SKY HARBOUR

May 29, 2024
SKY HARBOUR is adding a new campus for business aircraft at Stewart International, its third in New York Metro area.
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GARMIN

May 29, 2024
GARMIN was selected by Textron Aviation to supply synthetic vision guidance system as upgrade to Cessna Citation Latitude/Longitude cockpit starting in 2025/2026; enhancements include 3D view of SafeTaxi airport environment.
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LUXAVIATION GROUP

May 29, 2024
LUXAVIATION GROUP has acquired US-based PARAGON AVIATION GROUP, increasing its FBO network to >140 locations.
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TECNAM

May 29, 2024
TECNAM, Italy received 10-degree approach certification from EASA for its P2012 STOL aircraft.
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GAMA

May 29, 2024
GAMA reports OEMs delivered 527 general aviation aircraft (127 business jets/108 turboprops/292 pistons) worth $4b in 1Q24 vs 524 (117 business jets/117 turboprops/290 pistons) worth $3.7b in 1Q23; helicopter billings fell 15.2% to $0.7b.
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STARLINK AVIATION

May 29, 2024
STARLINK AVIATION (SpaceX) was selected by OPUL Jets to provide inflight connectivity for one Global Express XRS.
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FLEXJET

May 30, 2024
FLEXJET teamed with shipbuilder FERRETTI GROUP to provide combined services to ultra-high net worth individuals.
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SAGE-POPOVICH

May 30, 2024
SAGE-POPOVICH acquired STC/PMA to deploy (under partnership with) Dunlop Aircraft tires for Challenger 600/601s.

MRO

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FLYADEAL

May 29, 2024
FLYADEAL expanded partnership with Lufthansa Technik to include 5-year extension of its Aircraft Engineering Services deal, addition of Swiss-AS' AMOS software to support CAMO services, and advancement of digital technical operations.
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SWIFT ANCHOR HOLDINGS

May 29, 2024
SWIFT ANCHOR HOLDINGS completed strategic investment in Montreal-based ESSENTIAL TURBINES (engine MRO, specializing in M250 and RR300), supported by investment of equity and debt capital by BALANCE POINT CAPITAL.
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BIRD AVIATION

May 29, 2024
BIRD AVIATION, Cyprus secured 2-year contract extension from easyJet for A320 nose-to-tail heavy maintenance checks.
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FTAI AVIATION

May 30, 2024
FTAI AVIATION agreed to purchase LOCKHEED MARTIN COMMERCIAL ENGINE SOLUTIONS, which operates 526,000 sq ft CFM56 maintenance/repair facility in Montreal, from Lockheed Martin Canada for $170m; deal is to close in 2H24.
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ATR

May 30, 2024
ATR has 5-year contract from FLY91, India to maintain its aircraft on pay-by-the-hour basis; fleet is expected to grow to 30.
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ISRAIR GROUP

May 30, 2024
ISRAIR GROUP agreed to acquire 25% stake in BIRD AVIATION, Cyprus (aircraft MRO) for 2.8m.

Defense

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BELL TEXTRON

May 29, 2024
BELL TEXTRON was down-selected for Phase 1B of DARPA's Speed and Runway Independent Technologies (SPRINT) program to fly an X-Plane to demonstrate technologies and concepts needed for speed and runway independence.
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ELT GROUP

May 29, 2024
ELT GROUP acquired remaining 30% of ELTHUB, Italy to enhance its position with space and electro-optics sector.
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CERBERUS CAPITAL MANAGEMENT

May 29, 2024
CERBERUS CAPITAL MANAGEMENT acquired majority stake in M1 SUPPORT SERVICES (govt aviation support).

Who'sNews

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WHO'SNEWS: EQUISPHERES

May 29, 2024
Sascha Rudolph to Chief Operating Officer of Equispheres, Canada.
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WHO'SNEWS: AVIATION TECHNICAL SERVICES

May 29, 2024
Dennis Santare to Senior Vice President-Component and Engineering Solutions of Aviation Technical Services (ATS), WA.
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WHO'SNEWS: CONTRAIL AVIATION SUPPORT

May 29, 2024
Ben Jacques to Vice President-Marketing and Acquisitions of Contrail Aviation Support, WI.
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WHO'SNEWS: PARAGON AVIATION GROUP

May 29, 2024
Crystal Kubeczka to President of Paragon Aviation Group, TX.
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WHO'SNEWS: ESSENTIAL TURBINES (ETI)

May 29, 2024
Gannon Gambeski to President of Essential Turbines (ETI), Montreal.
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WHO'SNEWS: M1 SUPPORT SERVICES

May 29, 2024
George Krivo to Chief Executive Officer of M1 Support Services, Denton, TX.
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WHO'SNEWS: AMERICAN

May 29, 2024
Vasu Raja, EVP and Chief Commercial Officer of American, is leaving airline; Stephen Johnson is assuming position until replacement found.
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WHO'SNEWS: SILK WAY WEST AIRLINES

May 30, 2024
Onno Pietersma to Chief Operating Officer of Silk Way West Airlines, Azerbaijan.
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WHO'SNEWS: WORLD STAR AVIATION

May 30, 2024
Tiago Clara to Vice President-Technical of World Star Aviation, UK.
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WHO'SNEWS: CRESTONE AIR PARTNERS

May 30, 2024
Kevin Milligan to Chief Executive Officer of Crestone Air Partners, Denver.
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WHO'SNEWS: AMETEK MRO

May 30, 2024
Mike Audus to DVP & Business Unit Manager-MRO Europe, based in London, of AMETEK MRO.