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Aerospace

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MTU AERO ENGINES

Jul 15, 2024
MTU AERO ENGINES opened 14,000 sq meter turbine disk manufacturing facility in Munich for mainly GTF low-pressure turbine (LPT) disks; it currently produces 6,000 units per year, but in next 10 years it hopes to reach 12,000-unit mark.
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ADS GROUP

Jul 15, 2024
ADS GROUP estimates UK aerospace, defence, security and space industry reached combined turnover of £88.4b (£38.7b exports) in 2023, up 40% over past 10 years. contributing £38.2b to UK economy. It employs 427,500 workers.
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UNICAL AVIATION

Jul 15, 2024
UNICAL AVIATION was selected by Honeywell as an authorized distributor.
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BOEING

Jul 15, 2024
BOEING received FAA approval to operate 777X certification test flight with FAA personnel on board; expected certification date is still undetermined.
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AZZERA

Jul 15, 2024
AZZERA has contract through Government of Canada’s Innovative Solutions program to test CELESTE digital platform for total emissions management.
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JEH AEROSPACE and BLACKSTRAW

Jul 15, 2024
JEH AEROSPACE and BLACKSTRAW AI formed strategic partnership to leverage AI technologies to enhance manufacturing processes, improve supply chain transparency, and drive innovation in the aerospace industry.
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AIRBUS

Jul 16, 2024
AIRBUS forecasts demand in 2024-2043 for 42,430 new pax/freighter aircraft (33,510 single-aisle/7,980 twin-aisle; 23,970 for growth/18,460 for replacement) vs 40,850 in GMF23, increasing global fleet from 24,260 to 48,230 aircraft, to satisfy 3.6% annual traffic growth; it sees demand for 2,470 freighters (940 new/1,530 converted) to satisfy 3.1% CAGR.
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FDH AERO

Jul 16, 2024
FDH AERO completed successful integration of its FDH ELECTRONICS division to focus on hardware business, rolling in brands that include Arlington International Aviation Products, Aircraft Fasteners International, and Calco Aerospace.
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AIRBUS

Jul 16, 2024
AIRBUS inaugurated 24,000 sq meter A321XLR center/aft fuselage assembly line in former A380 hangar at Hamburg.
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TRELLEBORG SEALING SOLUTIONS

Jul 16, 2024
TRELLEBORG SEALING SOLUTIONS teamed with Airbus to develop hydrogen sealing solutions for commercial aircraft
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WERNER AERO

Jul 17, 2024
WERNER AERO, NJ received ASA-100 accreditation for quality/excellence.
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PANASONIC AVIONICS

Jul 17, 2024
PANASONIC AVIONICS opened software design and development facility in Pune, India with >200 skilled engineers.
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LILIUM

Jul 17, 2024
LILIUM is targeting first manned flight of the Lilium Jet in early 2025 in preparation for first customer deliveries in 2026.
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SIMAERO

Jul 17, 2024
SIMAERO has EASA certification for its first A320 full-flight simulator, manufactured by CHINA SIMULATION SCIENCES, at Changsha.
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TEAM JAS

Jul 17, 2024
TEAM JAS, FL received ASA-100 accreditation for quality/excellence.
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IAM

Jul 17, 2024
IAM held strike sanction rally/vote on for BOEING workers at Puget Sound (District 751) and Portland (District W24).
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ELECTRIC POWER SYSTEMS (EPS)

Jul 17, 2024
ELECTRIC POWER SYSTEMS (EPS), UT applied to FAA for TSO for its EPIC 1.0 rechargeable lithium battery system.
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GE AEROSPACE

Jul 19, 2024
GE AEROSPACE shipped the first production GE9X to Boeing for 777-9.
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FLIGHT DATA SYSTEMS and CANADA WEST AVIONICS

Jul 19, 2024
FLIGHT DATA SYSTEMS and CANADA WEST AVIONICS have AML STC for its SENTRY CVR with Recorder Independent Power Supply for aircraft from 15 OEMs, including Airbus, Boeing, Bombardier, Embraer and Gulfstream Aerospace.
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AIRBUS

Jul 19, 2024
AIRBUS rolled out the first A321XLR from paint shop in Hamburg; aircraft is first of eight to be delivered to IBERIA.

Air Transport

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SOUTHWEST AIRLINES and ARCHER AVIATION

Jul 15, 2024
SOUTHWEST AIRLINES and ARCHER AVIATION signed MOU to develop operational plans for electric air taxi networks utilizing Archer’s eVTOL at California airports to replace 60-to-90-minute commutes by car with 10-to-20-minute flights.
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PHOENIX AVIAITON CAPITAL and AIP CAPITAL

Jul 15, 2024
PHOENIX AVIATION CAPITAL and AIP CAPITAL agreed to acquire a portfolio of 10 LEAP-1Bs from CFM International for delivery in 2H24.
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ELFLY GROUP

Jul 15, 2024
ELFLY GROUP secured LOI from government of Gotland, Sweden to explore deeper collaboration to pursue zero-emission commercial flights to the island (at least one operator using its Noemi electric seaplane) by 2027.
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EPIC FLIGHT ACADEMY

Jul 15, 2024
EPIC FLIGHT ACADEMY opened its fifth flight school at Herlong Recreational Airport in Jacksonville, FL.
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AZORRA

Jul 15, 2024
AZORRA purchased E195 (671) from Aurigny, which is consolidating fleet to ATRs and Dornier 228s.
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LUFTHANSA GROUP

Jul 15, 2024
LUFTHANSA GROUP lowered its full year 2024 guidance and now expects EBIT in the range of €1.4b-€1.8b (previously: €2.2b) after disappointing 2Q24; it estimates adjusted EBIT of €686m in 2Q24 vs €1.1b in 2Q23 (results due July 31).
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AVIATION CAPITAL GROUP

Jul 15, 2024
AVIATION CAPITAL GROUP ordered 35 more 737 MAXs (16 737-8s and 19 737-10s), increasing its commitment to 82.
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FLYARYSTAN

Jul 15, 2024
FLYARYSTAN leased ex-Hong Kong Express A320-200 (5738) with V2500s from CMB Financial Leasing.
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MINRES AIR

Jul 15, 2024
MINRES AIR, Australia leased ex-Air France A320-200 (5129) with CFM56s from Zephyrus Aviation Capital.
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JETSMART

Jul 15, 2024
JETSMART, Chile took delivery of new A320neo (12001) with GTFs on lease from BOC Aviation.
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AIR TRANSAT

Jul 15, 2024
AIR TRANSAT leased new A321neo (11932) with GTFs from SMBC Aviation Capital.
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ISRAIR

Jul 15, 2024
ISRAIR, Israel leased ex-Bamboo A320-200 (2934) with V2500s from FTAI Aviation.
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EASTAR JET

Jul 15, 2024
EASTAR JET, Korea leased ex-GOL 737-800 (35827) from AerCap.
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MAERSK AIR CARGO

Jul 15, 2024
MAERSK AIR CARGO, Denmark took delivery of its first new 777F (67867); second is due by end '24 (SPNWS; May 24).
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SOUTH AFRICAN AIRWAYS

Jul 15, 2024
SOUTH AFRICAN AIRWAYS leased three A320-200s (7213/7262/7988) with V2500s from CALC (SPNWS; May 17).
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US DOT

Jul 15, 2024
US DOT reports US airlines carried 81.2m pax in April 2024 (70.6m domestic/10.7m intl.), up 4.7% vs April 2023.
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IBOM AIR

Jul 15, 2024
IBOM AIR, Nigeria is expected to purchase ex-Air Senegal A220-300 (55089) from Carlyle Aviation Partners.
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AIR BOTSWANA

Jul 15, 2024
AIR BOTSWANA purchased ex-Flybe E175 (327) from Regional One in deal arranged by Skyworld Aviation.
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SAS

Jul 15, 2024
SAS took delivery of new A320neo (12166) with LEAPs on lease from BOC Aviation.
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AIRCASTLE

Jul 15, 2024
AIRCASTLE priced $500m in senior notes due 2031 to finance aircraft acquisitions and/or refinance existing debt.
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EMIRATES SKYCARGO

Jul 16, 2024
EMIRATES SKYCARGO ordered five more 777Fs for delivery in 2025-2026, and has now ordered 10.
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SWIFTAIR

Jul 16, 2024
SWIFTAIR, Spain was selected by FedEx Express to operate ATR 72-600F (1762) on CMI basis.
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ACIA AERO LEASING

Jul 16, 2024
ACIA AERO LEASING acquired four ex-Garuda ATR 72-600s (1132/1181/1249/1254) in deal arranged by Blueberry Aviation.
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ANA

Jul 16, 2024
ANA leased one PW1127G spare from SMBC Aero Engine Lease.
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AIR ARABIA

Jul 16, 2024
AIR ARABIA leased ex-China Eastern A320-200 (5136) with CFM56s from Aviation Capital Group.
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CHINA EASTERN

Jul 16, 2024
CHINA EASTERN plans September 26 to begin Shanghai-Venice, Italy and Xi'an-Milan, Italy (A330).
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THAI AIRASIA

Jul 16, 2024
THAI AIRASIA plans October 1 to begin daily Bangkok Don Mueang-Lampang, Thailand (A320).
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VIRGIN ATLANTIC

Jul 16, 2024
VIRGIN ATLANTIC plans October 25 to suspend daily Heathrow-Shanghai (787-9) due to inability to fly over Russia.
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ATLAS AIR

Jul 16, 2024
ATLAS AIR completed acquisition of ex-China Airlines 747-400F (30766) (SPNWS; May 17).
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FLYBONDI

Jul 16, 2024
FLYBONDI, Argentina plans August 2 to begin five-times-weekly Ushuaia-El Calafate (737-800).
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ALTA

Jul 16, 2024
ALTA members carried 38.1m pax in May, up 5.3% vs April 2023; capacity increased 5.8% to 95b ASKs.
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SKYWEST

Jul 17, 2024
SKYWEST (Delta) rolled out its first 50-seat CRJ550 (reconfigured CRJ700) from paint shop. It plans to operate 19.
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AIR TRANSAT

Jul 15, 2024
AIR TRANSAT leased new A321neo (11932) with GTFs from SMBC Aviation Capital.
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AIRBUS

Jul 17, 2024
AIRBUS reports that since 2019 160 new airlines have been formed and 7,250 new routes have been opened; 2,200 aircraft have changed hands.
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SWISS

Jul 17, 2024
SWISS says it currently has six A320neos grounded due to GTF inspection issues and expects issue to continue into 2026 vs 2025 as previously disclosed. HELVETIC has four E2s grounded for same issue and number could go to six.
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AIR INUIT

Jul 17, 2024
AIR INUIT, Canada placed first (40855) of three 737-800SFs into service, operating primarily between Montreal and its cargo hubs in Kuujjuaq and La Grande; remaining two will enter service in 2025 in combi configuration, replacing -200s.
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EASTER JET

Jul 17, 2024
EASTAR JET, Korea leased ex-Fly Baghdad 737-800 (39427) from DAE Capital.
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FLYNAS

Jul 17, 2024
FLYNAS, Saudi Arabia took delivery of the 53rd (11875) of 120 A320neos on order and has now taken six in 2024.
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ACI

Jul 17, 2024
ACI reports world's airports handled 8.7b pax in 2023, up 30.5% vs 2022, but down 5.8% vs 2019; global air cargo volumes fell 1.8% vs 2022, attributed to geopolitical tensions and disruptions to global trade and supply chains.
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ACI

Jul 17, 2024
ACI says Hartsfield Atlanta, Dubai, DFW, London Heathrow, Tokyo Haneda, Denver, Istanbul, Los Angeles, Chicago O'Hare and New Delhi were the top 10 busiest pax airports in 2023; Hong Kong, Memphis and Shanghai handled most cargo.
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MIAMI GATEWAY PARTNERS

Jul 17, 2024
MIAMI GATEWAY PARTNERS was approved to build new $400m, 784,000 sq ft cargo facility at Miami International Airport to open in 2029.
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SPIRIT AIRLINES

Jul 17, 2024
SPIRIT AIRLINES is projecting that total revenue for 2Q24 will be approximately $1.28b, lower than previously expected primarily due to lower-than-expected non-ticket revenue. It is expecting an operating margin of -13.5% to -12.5%.
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AERGO CAPITAL

Jul 17, 2024
AERGO CAPITAL acquired two A320-200s (leased to LAUDA) and two 737-800s (leased to JEJU AIR) from AerCap.
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FLY GABON

Jul 17, 2024
FLY GABON has acquired two ex-Liz Aviation ATR 72-600s (1260/1656) for startup.
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UNITED AIRLINES

Jul 19, 2024
UNITED AIRLINES had $1.3b net profit on $15b revenues in 2Q24 vs $1.1b on $14.2b in 2Q23; it has $18.2b of available liquidity. It operated its largest schedule in its history, with the highest number of daily departures at nearly 2,700.
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SAUDIA GROUP

Jul 19, 2024
SAUDIA GROUP ordered 50 Lilium Jets and optioned 50; deal includes schedule of deposit and pre-delivery payments, timeline of future deliveries, guarantees on aircraft performance, and provisions on spare parts, maintenance, and repairs.
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ALASKA AIR GROUP

Jul 19, 2024
ALASKA AIR GROUP had $220m net income on $2.9b revenues in 2Q24 vs $240m on $2.8b in 2Q23. It also announced major expansion of first and premium cabins, which includes adding RECARO seats and COLLINS lavs, on >200 737s.
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ABX AIR

Jul 19, 2024
ABX AIR began operating (CMI) 767-300Fs for Amazon under 5-year deal for 10 aircraft, plus options for 10 more.
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AIRBUS

Jul 19, 2024
AIRBUS teamed with London Gatwick, easyJet and Air Products to expand hydrogen capability and infrastructure in UK.
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AIR FRANCE

Jul 19, 2024
AIR FRANCE took delivery of new A350-900 (660) on lease from Air Lease Corporation (SPNWS; March 10, 2023).
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US DOT

Jul 19, 2024
US DOT reports US scheduled airlines operated 615,695 flights in April 2024, up 5% from 586,353 in April 2023.
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AKASA AIR

Jul 19, 2024
AKASA AIR began daily Mumbai-Jeddah and plans July 20 to begin twice-weekly Ahmedabad-Jeddah (737-8).

Business Aviation

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GULFSTREAM AEROSPACE

Jul 15, 2024
GULFSTREAM AEROSPACE completed new $150m, 367,000 sq ft service center facility at Savannah/Hilton Head, increasing its total Savannah service footprint to >1.1m sq ft with 10 hangars to accommodate >85 aircraft simultaneously.
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NETJETS

Jul 16, 2024
NETJETS plans in 2025 to open an exclusive-use facility at Teterboro in collaboration with SIGNATURE AVIATION.
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TEXTRON AVIATION

Jul 19, 2024
TEXTRON AVIATION earned $195m on $1.5b revenues in 2Q24 vs $171m on $1.4b in 2Q24; it delivered 42 jets and 44 turboprops in 2Q23 vs 44 jets and 37 turboprops a year ago and now has $7.5b backlog. BELL revenues rose 13.3%.

Defense

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PRATT & WHITNEY

Jul 15, 2024
PRATT & WHITNEY completed the F135 Engine Core Upgrade's (ECU) preliminary design review (PDR) on schedule.
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TRIUMPH

Jul 17, 2024
TRIUMPH was selected by GE Aerospace to supply auxiliary gearbox out of Macomb, MI for F404 for T-7A/T-50/TAI Hurjet.
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LOCKHEED MARTIN

Jul 17, 2024
LOCKHEED MARTIN delivered first of eight C-130J-30 Super Hercules tactical airlifters assigned to the Ohio Youngstown Air Reserve Station, marking the addition of a new aerial spray mission capability for pest control and oil dispersion.
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AMENTUM

Jul 17, 2024
AMENTUM, VA Amentum has $145m contract to provide complete system maintenance and modernization solutions for the US Marine Corps’ UC-35D (Cessna Citation Encore) aircraft fleet; workscope includes life-cycle transport aircraft system modernization, integration, logistical and operational solutions, as well as engineering and technical services.

MRO

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VIETJET AIR

Jul 15, 2024
VIETJET AIR plans to open MRO hangar at Vientiane, Laos, supported by VietJet Aviation Academy for technician training.
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AMERICAN

Jul 15, 2024
AMERICAN formed partnership with Tulsa Tech to streamline employment opportunities at Tech Ops-Tulsa for students.
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WESTJET

Jul 15, 2024
WESTJET finalized first contact with the Aircraft Mechanics Fraternal Association (AMFA).
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AIRCRAFT PROPELLER SERVICE

Jul 15, 2024
AIRCRAFT PROPELLER SERVICE, IL parted out ex-Azul E195 (260), its four teardown since unit was established in '22.
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3TOP AVIATION SERVICES

Jul 15, 2024
3TOP AVIATION SERVICES, UK acquired ex-Okay 737-800 (33560) for part out by TARMAC AEROSAVE in Tarbes.
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SABENA TECHNICS

Jul 15, 2024
SABENA TECHNICS has 12-year Airbus Defense and Space contract to maintain French Air Force's fleet of MRTT Phénix aircraft at the Jean Sarrail aeronautical center in Istres; program includes maintenance visits every six years.
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WHO'SNEWS: GLOBAL JET CAPITAL

Jul 16, 2024
Tom Kacin as Vice President of Sales for Northeastern and Midwest US of Global Jet Capital, Danbury, CT.
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PRATT & WHITNEY

Jul 17, 2024
PRATT & WHITNEY established new Customer Service Center in Bengaluru, India to provide MRO support, spare part management, engine leasing, engine reliability analysis and contract administration. It is expected to employ 150 workers.
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AVIATOR

Jul 17, 2024
AVIATOR was selected by Neos to provide ground handling at Copenhagen.
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HAECO

Jul 19, 2024
HAECO was selected by Loong Air to provide A319, A320ceo, A320neo and A321neo line maintenance at Hong Kong.
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VALLAIR

Jul 19, 2024
VALLAIR signed MOU with Cameroon CAA to cooperate in fields of aeronautical training, aircraft maintenance and disassembly, and workforce training/development, considering economic opportunities at secondary airports in country.
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STS AVIATION SERVICES

Jul 19, 2024
STS AVIATION SERVICES inducted its first 777-200LR (32222; ex-Delta) at Manchester for conversion to freighter for MAMMOTH FREIGHTERS (SPNWS; June 28), which also has two other 777s in work at ASPIRE MRO in Fort Worth, TX.

Who’sNews

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WHO'SNEWS: JFK MILLENNIUM PARTNERS

Jul 15, 2024
Karen Ali to Chief Operating Officer at JFK Millennium Partners (JMP), NY.
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WHO'SNEWS: GULFSTREAM AEROSPACE

Jul 15, 2024
Smitha Hariharan to Vice President and Chief Sustainability Officer of Gulfstream Aerospace, Savannah.
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WHO'SNEWS: C&L AEROSPACE

Jul 15, 2024
Amanda Hartwig to a Regional Sales Manager-Regional Airline Division of C&L Aerospace, Bangor, ME.
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WHO'SNEWS: CHALLENGE GROUP

Jul 17, 2024
Eyjolfur (Eyvi) Vestmann Ingolfsson to Head of Materials and Logistics of Challenge Group, Malta.
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WHO'SNEWS: AVIATION INCOME CORPORATION

Jul 17, 2024
John Proctor to President and Chief Executive Officer of Aviation Income Corporation, Toronto.
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WHO'SNEWS: COLLINS AEROSPACE

Jul 19, 2024
Tony Brunk to President of Collins Aerospace, Charlotte, NC; Stephen Timm is retiring.
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WHO'SNEWS: COLLINS AEROSPACE

Jul 19, 2024
Heather Robertson to President-Mission Systems, based in Cedar Rapids, of Collins Aerospace.
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WHO'SNEWS: AIRCRAFT LEASING IRELAND (ALI)

Jul 19, 2024
Karl Griffin, Chief Executive Officer of GENESIS, was named Chair of Aircraft Leasing Ireland (ALI); Jennifer Creevy of NAC was named Vice-Chair.
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WHO'SNEWS: JET LINX

Jul 19, 2024
Zach Sperber to Executive Vice President of Aircraft Management of Jet Linx, Omaha, NE.