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Aerospace

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STRATASYS

Jun 24, 2024
STRATASYS, Israel made strategic investment in Latvia's AM CRAFT as part new partnership to develop/produce flight-certified 3D printed parts for the aviation industry. AM Craft hold an EASA Part 21G Production Organization Approval.
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MAGNOLIA ADVANCE MATERIALS

Jun 24, 2024
MAGNOLIA ADVANCED MATERIALS was qualified by Boeing (for spec BMS 5-28, Ty 17) for its 91 A/B DCP Free epoxy for use in aircraft interiors.
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MAGNIX

Jun 24, 2024
magniX launched Samson battery line for aviation with energy density of 300 Watt hours/kilogram and cycle life of >1,000 full discharge cycles.
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AIRBUS

Jun 24, 2024
AIRBUS says it is facing persistent supply chain issues, mainly in engines, aerostructures and cabin equipment, and now intends to deliver 770 commercial aircraft in 2024 (vs previous plan for 800) and continues to ramp up towards a rate of 75 A320 Family aircraft per month, which is now expected in 2027 (vs 2026). It plans to disclose first half results on July 30.
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LEONARDO

Jun 24, 2024
LEONARDO, Italy selected its site at Grottaglie for final assembly of AW609 as it is pausing production of composite center fuselage barrels for 787 for four months in order to align production with short-term reduction in demand.
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WORLDWIDE FLIGHT SERVICES (WFS)

Jun 25, 2024
WORLDWIDE FLIGHT SERVICES (WFS) expanded its cargo handling deal with Singapore Airlines to handle new A350 flights at London Gatwick.
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SENER

Jun 25, 2024
SENER, Spain was selected to supply servo-actuators (16 units per shipset) for the Lilium Jet. It has already delivered the first units for testing and plans to deliver a total of 104 in 2024 for ground testing and certification flight phases.
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WILLIS LEASE FINANCE

Jun 25, 2024
WILLIS LEASE FINANCE agreed to purchase 15 PW1100G-JMs from Pratt & Whitney in 2024 for leaseback in deal valued at $364m. It completed a purchase and leaseback transaction of 25 GTF engines with Pratt & Whitney in 1H21.
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SAFRAN

Jun 25, 2024
SAFRAN is exclusively negotiating to acquire PRELIGENS, France (AI).
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WISK AERO

Jun 25, 2024
WISK AERO (Boeing) acquired VEROCEL, MA (verification/validation software) to support certification of its Generation 6 eVTOL air taxi.
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SIEMANS DIGITAL INDUSTRIES SOFTWARE

Jun 25, 2024
SIEMENS DIGITAL INDUSTRIES SOFTWARE was selected by Dovetail Electric Aviation to provide Xcelerator software to design zero emission, battery and hydrogen-electric propulsion systems for commercial aircraft.
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LILIUM

Jun 26, 2024
LILIUM, Germany successfully completed first series of test of its electric jet propulsion unit for the Lilium Jet.
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EURA

Jun 26, 2024
EURA was formed by Safran and MTU Aero Engines to develop new engine for next-gen European military helicopters.
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THALES

Jun 26, 2024
THALES was selected by Lufthansa Technik to provide SIGINT audio/radio com system for Germany's Pegasus program.
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LANZAJET

Jun 26, 2024
LANZAJET secured investment from MUFG as part of $100m growth equity funding round, that includes Southwest, Microsoft and Groupe ADP, for developing SAF.
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HEART AEROSPACE

Jun 28, 2024
HEART AEROSPACE signed collaboration agreement with Region Gotland to provide sustainable aviation for island.
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FACC

Jun 28, 2024
FACC equipped the 2,000th Airbus aircraft with Sharklets.
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BOEING

Jun 28, 2024
BOEING has reportedly offered to acquire SPIRIT AEROSYSTEMS in (mostly stock-for-stock) deal valued at $4.08b, according to Bloomberg News; transaction would represent 6% premium over Sprit's stock closing price on June 24.
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GILAT

Jun 28, 2024
GILAT agreed to acquire STELLAR BLU SOLUTIONS, TX (inflight connectivity) from Fortress; Houlihan Lokey arranged.
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AEROMED GROUP

Jun 28, 2024
AEROMED GROUP acquired AEROSPACE PRODUCTS INTERNATIONAL (API), TN (chemicals and MRO consumables).

Air Transport

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ENTER AIR

Jun 22, 2024
ENTER AIR, Slovakia agreed to wet-lease (ACMI) four 737-800s from AirExplore through October 2024.
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VIRGIN AUSTRALIA

Jun 22, 2024
VIRGIN AUSTRALIA took delivery of 737-8 (66648) on lease from DAE Capital.
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WERNER AERO

Jun 22, 2024
WERNER AERO acquired ex-Air India A319-100 (2629) for part out by ASCENT AVIATION SERVICES in Marana, AZ.
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NAV CANADA

Jun 22, 2024
NAV CANADA reports traffic increase of 6.2% in May vs May 2023.
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CONDOR

Jun 22, 2024
CONDOR agreed to lease four new A321neos with GTFs from Aviation Capital Group; first (11825) was delivered.
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SMBC AVIATION CAPITAL

Jun 24, 2024
SMBC AVIATION CAPITAL finalized 5-year, $1.5b global syndicated finance facility, which includes $375m term loan and a $1.125b revolving credit facility, with 29 lenders, of which 13, representing 40% of funding, are new to the company.
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FLYDUBAI

Jun 24, 2024
FLYDUBAI plans July 1 to begin daily Dubai-Islamabad/-Lahore (737).
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ETIHAD CARGO

Jun 24, 2024
ETIHAD CARGO plans July 15 to begin twice-weekly Abu Dhabi-Madrid, Spain (777F).
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AIR EUROPA

Jun 24, 2024
AIR EUROPA, Spain took delivery of new 787-9 (66161) with Trent 1000s on lease from AerCap.
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AIREXPOLORE

Jun 24, 2024
AIREXPLORE, Slovakia leased ex-Blubird Nordic 737-800SF (32919) from World Star Aviation.
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GERMANY

Jun 24, 2024
GERMANY cleared AIR FRANCE-KLM, CASTLELAKE and KINGDOM OF DENMARK to acquire minority stakes in SAS.
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DELTA AIR LINES

Jun 24, 2024
DELTA AIR LINES plans October 26 to begin four-times-weekly seasonal Orlando-London Heathrow (A330-900).
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QANTAS

Jun 25, 2024
QANTAS agreed to acquire 14 used 78-seat Dash 8-400s (source not disclosed) from 4Q24 to replace 19 Q200s/Q300s.
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AVIATION CAPITAL GROUP

Jun 25, 2024
AVIATION CAPITAL GROUP closed sale of $600m in senior unsecured notes due 2029 to repay debt/finance purchases.
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TSA

Jun 25, 2024
TSA screened one-day record 2.99m individuals in US on June 23.
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AZERBAIJAN AIRLINES (AZAL)

Jun 25, 2024
AZERBAIJAN AIRLINES (AZAL) wet-leased A320-200 (5296) with V2500s from Heston Airlines.
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LUFTHANSA CITY AIRLINES

Jun 25, 2024
LUFTHANSA CITY AIRLINES launched operations (Munich-Birmingham) with an A320neo; it plans to add a second aircraft, A319, on July 27. After the first five aircraft of the Airbus A320 family, its fleet will be expanded to at least eight more A320neos and further A319s in the coming year; delivery of 40 new A220-300s on order is planned to start in 2026.
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TEXEL AIR AUSTRALASIA

Jun 25, 2024
TEXEL AIR AUSTRALASIA signed 7-year, $480m partnership deal with Team Global Express to operate four 737-800BCFs.
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HAMBURG COMMERCIAL BANK (HCOB)

Jun 25, 2024
HAMBURG COMMERCIAL BANK (HCOB) closed its first primary transaction, providing a senior secured structured financing for JP Lease Products & Services (JLPS) in respect of four mid-life A320-200s on lease to a Latin American carrier.
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BUDDHA AIR

Jun 25, 2024
BUDDHA AIR, Nepal has acquired ex-Binter ATR 72-500 (902) and now has fleet of 18 ATRs.
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AIR CANADA

Jun 26, 2024
AIR CANADA plans December 13 to begin weekly Quebec City-Tulum, Mexico.
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AIR SERBIA

Jun 26, 2024
AIR SERBIA plans September 30 to begin Belgrade-Guangzhou, China (A330-200).
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SOUTHWEST AIRLINES

Jun 26, 2024
SOUTHWEST AIRLINES dropped its 2Q24 RASM forecast from down 1.5-3.5% to down 4-4.5% vs 2Q23, driven primarily by complexities in adapting its revenue management to current booking patterns; revenues are expected to break records.
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KAP.KG

Jun 26, 2024
KAP.KG, Kyrgystan leased ex-Transcarga A300B4-200F (274) from South Aircraft Leasing.
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LUFTHANSA SYSTEMS

Jun 26, 2024
LUFTHANSA SYSTEMS was selected by SmartLynx to provide Lido mPilot mobile chartering application, providing access to all necessary charts.
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GENESIS

Jun 28, 2024
GENESIS purchased A321-200 (3636; leased to PRIVILEGE STYLE) with V2500s from Avolon.
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AAPA

Jun 28, 2024
AAPA members carried 27.9m pax in May, up 23.9% vs May 2023; capacity (ASKs) rose 26.4%. Cargo rose 17.9%.
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LAX

Jun 28, 2024
LAX handled 6.7m pax in May, up 4.3% vs May 2023.
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NOUVELAIR

Jun 28, 2024
NOUVELAIR, Tunisia agreed to lease two new A320neos (12280/12308) with LEAP-1As from BOC Aviation.
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AIRNESIA ROYAL CARGO

Jun 28, 2024
AIRNESIA ROYAL CARGO, Indonesia leased ex-Central Airlines 737-300SF (27362) from Aircraft Finance Germany.
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AIR CANADA

Jun 28, 2024
AIR CANADA leased ex-EVA Air A321-200 (5849) with CFM56s from BBAM.
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HELVETIC AIRWAYS

Jun 28, 2024
HELVETIC AIRWAYS, Switzerland leased ex-Azul E195 (386) from Azorra.
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CHALLENGE GROUP

Jun 28, 2024
CHALLENGE GROUP signed MOU with China Henan Aviation to expand ops at CGO Airport beyond five weekly flights.

Business Aviation

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SIRIUS AVIATION

Jun 24, 2024
SIRIUS AVIATION unveiled two hydrogen-powered business jets, developed in collaboration with BMW DESIGNWORKS: the 3-seat Sirius CEO-Jet and 5-seat Sirius Adventure Jet that both have 323-knot max speed and range of 1,150 miles.
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FLYHOUSE

Jun 25, 2024
FLYHOUSE, AZ has acquired JETASAP (private jet charter bookings) in preparation for launch of new booking app.
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HERITAGE AVIATION

Jun 26, 2024
HERITAGE AVIATION, VT was named by Garmin Aviation as an authorized avionics service center.
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KP AVIATION

Jun 26, 2024
KP AVIATION, AZ was named by Honeywell as exclusive distributor of AW139 cockpit displays in the Americas.

MRO

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AFI KLM E&M

Jun 25, 2024
AFI KLM E&M was selected by Bulgaria Air to provide component support for five A220-300s and two A220-100s.
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3TOP AVIATION SERVICES

Jun 25, 2024
3TOP AVIATION SERVICES, UK acquired ex-IndiGo A320-200 (1920) for part out by TARMAC AEROSAVE in Toulouse.
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STS AVIATION SERVICES

Jun 25, 2024
STS AVIATION SERVICES is expected soon to open 777 freighter conversion line at Manchester for Mammoth Freighters following arrival of first -200LR (32222; ex-Delta) on site; deal includes AOG, product support and spares provisioning.
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ULTRAMAIN

Jun 25, 2024
ULTRAMAIN was selected by easyJet to provide e-techlog system to digitize paper technical/cabin logs across its fleet of aircraft during 2025.
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AFRA

Jun 25, 2024
AFRA (Aircraft Fleet Recycling Association) and IAEG (International Aerospace Environmental Group teamed to develop and promote safe and sustainable management of components and aircraft, while also fostering circular economy principles.
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COMLUX MALTA

Jun 26, 2024
COMLUX MALTA received EASA Part 145 certification to provide A320 and A220 line maintenance in Malta and Dubai.
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PRATT & WHITNEY CANADA

Jun 26, 2024
PRATT & WHITNEY CANADA has 7-year Olympic Air contract to maintain 28 PW127Ms for 13 ATRs.
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AFI KLM E&M

Jun 28, 2024
AFI KLM E&M was selected by Croatia Airlines to provide A220 component support.
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SAFRAN

Jun 25, 2024
SAFRAN is exclusively negotiating to acquire PRELIGENS, France (AI).
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ISRAIR GROUP

Jun 28, 2024
ISRAIR GROUP is acquiring 25% stake in BIRD AVIATION, Cyprus (aircraft MRO) for €2.3m (SPNWS; May 31) and now owns 75%. It is expected to take another 12.5% in 2025 for €1.4m and the remaining 12.5% for another €1.4m (date TBA).

Defense

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EMBRAER

Jun 28, 2024
EMBRAER delivered the second KC-390 multi-mission aircraft to the PORTUGUESE AIR FORCE as part of order for five.
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VIASAT

Jun 28, 2024
VIASAT was selected by Airbus to provide Ku- and Ka-band broadband SATCOM for C295s for Spanish MOD.
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ENTROL

Jun 28, 2024
ENTROL has Chilean Navy order for en-1000x AATD simulator.

Who'sNews

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WHO'SNEWS: FTI CONSULTING

Jun 24, 2024
Stephen Strange to Senior Managing Director of FTI Consulting, Washington, DC; David Walfisch to Managing Director.
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WHO'SNEWS: GA TELESIS

Jun 24, 2024
Jason Reed to President-Digital Innovation Group of GA Telesis, FL.
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WHO'SNEWS: ALTAVAIR

Jun 24, 2024
Frank O'Hagan to Head of Marketing, based in Dublin, of Altavair.
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WHO'SNEWS: AVIATION TECHNICAL SERVICES (ATS)

Jun 24, 2024
Kerry O'Sullivan to Chief Operating Officer of Aviation Technical Services (ATS), Everett.
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WHO'SNEWS: GA TELESIS

Jun 25, 2024
Jim Sokol to President-Flight Solutions Group of GA Telesis, FL.
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WHO'SNEWS: TIGHITCO

Jun 25, 2024
Malissa Nesmith to Group Vice President-Sales and Business Development of TIGHITCO, CT.
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WHO'SNEWS: M1 SUPPORT SERVICES

Jun 25, 2024
William Kansky to Chief Financial Officer of M1 Support Services, TX.
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WHO'SNEWS: M1 SUPPORT SERVICES

Jun 25, 2024
James Cassella to Chief Growth Officer of M1 Support Services, TX.
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WHO'SNEWS: M1 SUPPORT SERVICES

Jun 25, 2024
Bill Purdy to Senior Vice President, Operations, Quality, and Continuous Improvement of M1 Support Services, TX.
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WHO'SNEWS: GA TELESIS

Jun 26, 2024
Alex Tuttle to Chief Commercial Officer-Flight Solutions Group of GA Telesis, Fort Lauderdale, FL.
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WHO'SNEWS: AEROSPACE PRODUCTS INTERNATIONAL (API)

Jun 28, 2024
Chris Boyer to President of Aerospace Products International (API), Memphis, TN.
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WHO'SNEWS: HAGGAN AVIATION

Jun 28, 2024
Chris Haight to Vice President of Operations of Haggan Aviation, CO.
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WHO'SNEWS: MAMMOTH FREIGHTERS

Jun 28, 2024
Cameron France to Vice President of Operations of Mammoth Freighters, Orlando.