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Aerospace

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AIRBUS

Jul 20, 2024
AIRBUS received EASA type certification for the LEAP-powered A321XLR, preparing the way for the entry-into-service with IBERIA at the end of the summer; 11 airlines and lessors have selected LEAP engines to power >190 A321XLRs.
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DCM GROUP

Jul 20, 2024
DCM GROUP (Thrust Capital Partners) acquired Canada's KOSS AEROSPACE and BRAMPTON PROCESSING.
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LOAR HOLDINGS

Jul 20, 2024
LOAR HOLDINGS agreed to acquire APPLIED AVIONICS, TX (avionics interface solutions) for $385m cash.
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CABINAIR SERVICES

Jul 20, 2024
CABINAIR SERVICES, UK has acquired AEROKNOW, Latvia (engineering/design; EASA Part 21J Design Organization).
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AAR

Jul 20, 2024
AAR earned $46.3m in FY24 (vs $89.8m in FY23) on record $2.3b sales, up 17% vs a year ago; 4Q sales rose 19%.
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EMBRAER

Jul 20, 2024
EMBRAER delivered 19 commercial jets (eight E175s/four E190-E2s/seven E195-E2s) in 2Q24 vs 17 in 2Q23; and 26 (11 E175s/four E190-E2s/11 E195-E2s) in 1H24 vs 24 in 1H23. It ended quarter with 382 E-Jets/E2-Jets on backlog.
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HONEYWELL

Jul 23, 2024
HONEYWELL was selected by United Airlines to supply IntuVue RDR-4000 3D weather radar, new 25-hour FDRs, TPA100B Traffic Alert and Collision Avoidance System and TRA 100B Transponders, and ALA-52B radar altimeters for new MAXs.
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BOEING

Jul 23, 2024
BOEING forecasts demand in 2024-2043 for 43,975 new pax/freighter aircraft (1,525 regional jets/33,380 single-aisle/9,070 twin-aisle; 20,555 for replacement) vs 42,595 in 2023 CMO, increasing global fleet from 26,750 to 50,170 aircraft, to satisfy 4.7% annual traffic growth; it also sees demand for 2,845 freighters (1,005 new/1,840 converted) to satisfy 4.1% CAGR. It projects $4.4 trillion demand for commercial services and need for 2.37m new personnel.
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GA TELESIS

Jul 23, 2024
GA TELESIS announced it is integrating Alitheon’s AI technology, FeaturePrint, into its WILBUR Web3-enabled Parts Provenance and Records Platform to help secure authenticity of aircraft parts and raise levels of aviation data security.
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GKN AEROSPACE

Jul 23, 2024
GKN AEROSPACE extended agreement with Airbus for supplying A220 electrical wiring interconnection systems (EWIS).
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GKN AEROSPACE

Jul 23, 2024
GKN AEROSPACE delivered the full composite wing assembly and (by end of July) booms for Supernal’s eVTOL demonstrator, to make its first flight later in 2024; units were manufactured in Bristol and Cowes, UK respectively.
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EVE AIR MOBILITY

Jul 23, 2024
EVE AIR MOBILITY named two new suppliers for its eVTOL: ASE, Italy for power distribution system and DIEHL AVIATION, Germany for the interior.
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CMC ELECTRONICS

Jul 23, 2024
CMC ELECTRONICS says its third generation digital HUD technology is in final stage of product development/certification for delivery from early '25.
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ITP AERO

Jul 23, 2024
ITP AERO received EASA certification for TP400 vanes manufactured using additive technology (first aeroengine company to do so for structural part).
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CFM INTERNATIONAL

Jul 23, 2024
CFM INTERNATIONAL has completed >250 tests under Revolutionary Innovation for Sustainable Engines (RISE) technology demonstration program in preparation for full-scale Open Fan testing. It is moving to more module-level tests.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE secured commitment from US DOE's Oak Ridge National Laboratory to cooperate on supercomputing (modeling/simulation) to expand its capabilities for designing next-generation engine technologies, like Open Fan.
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ZEROAVIA

Jul 23, 2024
ZEROAVIA was selected by JEKTA, Switzerland to supply fuel cell power generation system technology to demonstrate concept of a fuel cell variant of its electric amphibious flying boat design, the PHA-ZE 100, with range of up to 600 km.
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L3HARRIS

Jul 23, 2024
L3HARRIS was selected by Air India to supply SRVIVR25 CVRs and FDRs for up to 140 737-8s for delivery from 2025.
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PLYABLE

Jul 23, 2024
PLYABLE, UK launched composite parts production beyond just tooling.
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RTX

Jul 23, 2024
RTX completed preliminary design review for its hybrid-electric propulsion demonstrator engine being developed as part of Clean Aviation SWITCH project; it is combining two Collins megawatt-class electric motor generators within a GTF.
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VERTICAL AEROSPACE

Jul 23, 2024
VERTICAL AEROSPACE began initial powered ground test of its VX4 eVTOL prototype, including propeller balancing.
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ACORN GROWTH COMPANIES

Jul 23, 2024
ACORN GROWTH COMPANIES is now ACORN CAPITAL MANAGEMENT to reflect growth and development of multiple capital deployment strategies.
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THYSSENKRUPP AEROSPACE

Jul 23, 2024
THYSSENKRUPP AEROSPACE has 10-year contract extension with Magellan Aerospace (UK) to manage material demand, mainly aluminum plates and tube/extrusion products, for facilities in Europe and India; deal includes subcontractors.
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MHI AEROSPACE VIETNAM

Jul 23, 2024
MHI AEROSPACE VIETNAM (Mitsubishi Heavy Industries) was selected by Airbus to supply A321neo emergency doors.
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SASMOS HET TECHNOLOGIES

Jul 23, 2024
SASMOS HET TECHNOLOGIES, India was selected by Germany's Deutsche Aircraft as partner to collaborate on the design/development of the electrical wiring interconnection system (EWIS) for the 40-pax D328eco.
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TEXTRON AVIATION

Jul 23, 2024
TEXTRON AVIATION announced flight deck upgrades for Cessna Caravan/Grand Caravan EX that include backlit panels.
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BOEING

Jul 23, 2024
BOEING forecasts need for 674,000 pilots, 716,000 maintenance technicians and 980,000 cabin crew members over next 20 years (+4.1% vs '23 forecast) to support global commercial fleet, projected to reach to 50,170 aircraft by 2043.
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TT ELECTRONICS

Jul 23, 2024
TT ELECTRONICS, OH has Parker contract to supply electronic assemblies for commercial aircraft braking systems.
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ROLLS-ROYCE

Jul 23, 2024
ROLLS-ROYCE is developing upgrade for Trent XWB that includes new disc alloy for higher performance/longer parts life.
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TCI AIRCRAFT INTERIORS

Jul 23, 2024
TCI AIRCRAFT INTERIORS has MOU from Turkish Airlines to provide inflight connectivity for fleet from late 2025 in partnership with TURKSAT.
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BOEING and ANTONOV

Jul 23, 2024
BOEING and ANTONOV signed MOU to explore opportunities to collaborate on defense-related projects, including training, logistical support/overhaul services for tactical UASs, plus Antonov providing engineering support to Boeing.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE has orders from Turkish Airlines to supply GE90-110Bs for four 777Fs on order in deal that includes TrueChoice program; and from IAG for GEnx-1Bs for six 787-10s for BRITISH AIRWAYS, which traditionally used Trents.
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PRATT & WHITNEY

Jul 23, 2024
PRATT & WHITNEY says the 1-megawatt thermal engine developed for its Hybrid-Electric Propulsion (HEP) flight demonstrator (Dash 8-100) has run at full power; COLLINS is supplying the electric drive system and H55 the battery.
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APPAREO

Jul 23, 2024
APPAREO released TSO-certified Stratus Power Max dual USB-C charging port to deliver up to 60W of charging power.
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STELLAR BLU SOLUTIONS

Jul 23, 2024
STELLAR BLU SOLUTIONS has STC for multi-orbit Sidewinder aero terminal using BAE Systems' Ku-band electronically scanned antenna (ESA) for installation (>1,000 orders) on commercial aircraft, business jets, and other platforms.
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ALTAIR

Jul 23, 2024
ALTAIR signed MOU with University of Nottingham to develop solution to rapidly design, validate, and test electric propulsion systems using its HyperWorks design and simulation and RapidMiner data analytics and AI platforms.
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CFM INTERNATIONAL

Jul 23, 2024
CFM INTERNATIONAL has Nordic Aviation Capital order to supply LEAPs for five A321neos on order, plus two options.
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PRATT & WHITNEY

Jul 23, 2024
PRATT & WHITNEY has Avolon order to supply GTF engines for 80 A320neo Family on order, plus 80 options.
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STANDARDAERO

Jul 23, 2024
STANDARDAERO was selected by Boom to assemble Symphony engines at San Antonio. BOOM says it is already building and rig-testing Symphony hardware, starting with combustor aerodynamics; and the first 3D-printed parts have been produced for engine, including fuel nozzles and turbine center frames. Core is to be operationaly in late 2025.
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L3HARRIS TECHNOLOGIES

Jul 23, 2024
L3HARRIS TECHNOLOGIES received approval from Japan's JCAB for its Reality7e 787-9 full-flight simulator now in service with ANA in Tokyo.
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DOKASCH TEMPERATURE SOLUTIONS

Jul 23, 2024
DOKASCH TEMPERATURE SOLUTIONS opened Opticooler stations in Miami (30 containers) and Dublin, Ireland (40).
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ZEROAVIA

Jul 23, 2024
ZEROAVIA was awarded £10.5m in UK Govt funding through the ATI strategic program to further develop its high temperature fuel cell technology in collaboration with University of Kent, Coventry University and University of Sheffield.
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INCORA

Jul 23, 2024
INCORA (Wesco Aircraft/Pattonair) announced it has secured $60 of annualized new business for supply chain management in Asia Pacific.
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PRATT & WHITNEY

Jul 23, 2024
PRATT & WHITNEY has SKY Airline order to supply GTFs for 10 A321XLRs, plus options for 29 A320neo Family aircraft, in deal that includes EngineWise service agreement.
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SIEMENS SMART INFRASTRUCTURE

Jul 23, 2024
SIEMENS SMART INFRASTRUCTURE was selected by Eve to help evaluate the electrical infrastructure and energy management services needed for eVTOL aircraft and demand for these services across US as AAM industry grows.
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ATI

Jul 23, 2024
ATI announced $4b in new sales commitments through 2040, mainly for nickel alloys serving the jet engine market, with majority of revenue (about $2.2b) delivered by 2030, including estimated $500m in 2025 and $550m in 2027.
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ZEROAVIA

Jul 23, 2024
ZEROAVIA has conditional purchase agreement from ASL Aviation Holdings to supply 10 hydrogen-electric engines, plus options for 10, for retrofit on ATR aircraft. ASL has now committed to paying deposits to secure delivery slots.
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ALLCLEAR REPAIR SERVICES

Jul 23, 2024
ALLCLEAR REPAIR SERVICES, FL was approved by Honeywell as authorized service center for APUs and components, including pneumatics, starter control valves, anti-ice valves, and wheels and brakes, used on military aircraft platforms.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE has American Airlines order to supply 180 CF34-8Es, plus spares, for 90 E175s on order.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE had $1.45b net income on $9.1b revenues in 2Q24 vs $1.51b on $8.8b in 2Q23; it delivered 402 commercial engines (297 LEAPs) vs 543 (419 LEAPs) and says it is addressing supply chain constraints at its top 15 suppliers.
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UNIVERSAL AVIONICS

Jul 23, 2024
UNIVERSAL AVIONICS was selected by Boom to supply ClearVision enhanced flight vision system for the Overture.
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CFM INTERNATIONAL

Jul 23, 2024
CFM INTERNATIONAL has Avolon order to supply 150 LEAP-1As for 75 A320neo Family aircraft, plus options for 150.
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FDH ELECTRONICS

Jul 23, 2024
FDH ELECTRONICS was selected by AC Tasarim as global distributor of its copper braid products for A&D industry.
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PRATT & WHITNEY

Jul 23, 2024
PRATT & WHITNEY has CALC order to supply GTFs for 60 A320neo family aircraft on order.
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ROLLS-ROYCE

Jul 23, 2024
ROLLS-ROYCE broke ground on outdoor engine test stand at NASA Stennis, MS for full-scale gas turbine hydrogen testing in partnership with EASYJET using a modified Pearl 15; TATA CONSULTANCY SERVICES is providing engineering.
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WOODWARD

Jul 23, 2024
WOODWARD, CO was selected by Boeing to supply rotary actuator for the NASA/Boeing Transonic Truss-braced Wing (TTBW) X-66A aircraft demonstrator; actuators, to be delivered in 2026, will be fitted to ailerons for first flight in '28.
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GKN AEROSPACE

Jul 23, 2024
GKN AEROSPACE inaugurated 80,000 sq ft expansion to its composite aerostructures and electrical wiring interconnection systems (EWIS) facility in Chihuahua, Mexico to strengthen partnerships with Honda and Gulfstream.
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HARLOW AEROSTRUCTURES

Jul 23, 2024
HARLOW AEROSTRUCTURES, Wichita secured LOI from Turkish Aerospace for two manufacturing contracts.
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WERNER AERO

Jul 23, 2024
WERNER AERO, NJ received ISO 9001 certification for quality/excellence.
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EMBRAER

Jul 23, 2024
EMBRAER is developing an automatic takeoff software upgrade (to lower costs) for E2 flight control system for 4Q25.
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SUPERNAL

Jul 23, 2024
SUPERNAL (Hyundai) and SIGMA AIR MOBILITY (Luxaviation Group) agreed to jointly identify and develop targeted markets for future AAM infrastructure and investments in South and Southeast Asia and potentially in Southern Europe.
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BOEING, AIRBUS, DASSAULT, GE AEROSPACE, ROLLS-ROYCE, RTX and SAFRAN

Jul 23, 2024
BOEING, AIRBUS, DASSAULT, GE AEROSPACE, ROLLS-ROYCE, RTX and SAFRAN are calling for government research programs to better understand/fight aviation non-CO2 effects such as contrails, NOx, sulfur, aerosols and soot.
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DE HAVILLAND CANADA

Jul 23, 2024
DE HAVILLAND CANADA was selected by Zimex Aviation to supply four Garmin avionics upgrade kits for delivery in 2H24 for Twin Otter Series 400 aircraft; kits are offered in partnership with AEROCORP AVIONICS SOLUTIONS.
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AIRBUS CANADA

Jul 24, 2024
AIRBUS CANADA is to receive US$1.2b investment from shareholders Airbus (US$900m) and Govt of Quebec (US$300m) to support growth in A220 program as its strives to reach 14 aircraft per month by 2026; Govt's equity redemption date was also extended to 2035. PWC estimates program will have economic impact in Canada of >$40b over next 20 years.
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EMBRAER

Jul 24, 2024
EMBRAER received certification from Brazil's ANAC for E190F conversion; prototype (360; ex-Avianca) was redelivered to REGIONAL ONE. E-Freighter is due to receive both EASA and FAA certification later this year and the CLS shortly after.
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EMBRAER

Jul 24, 2024
EMBRAER forecasts global demand for 10,500 sub-150-seat jets (8,470) and turboprops (2,030) worth US$640b over next 20 years; replacement of aging aircraft will account for 54% of all new deliveries while 46% will be used for growth.
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EMBRAER

Jul 24, 2024
EMBRAER announced product enhancements for E175 (larger bins/mood lighting/IFEC/Recaro seats/next-gen avionics) and E2-Jets (2.5% lower fuel burn/more range/better GTF time on wing/more capacity/Recaro seats).
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AVOLON

Jul 24, 2024
AVOLON teamed with Airbus to support development of hydrogen-powered commercial aircraft through Airbus’ ZEROe Project; they will investigate how aircraft could be financed/commercialized and supported by leasing business model.
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GE AEROSPACE

Jul 24, 2024
GE AEROSPACE has EVA Air order to supply GEnx-1Bs for four 787-10s on order.
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THYSSENKRUPP AEROSPACE INDIA

Jul 24, 2024
THYSSENKRUPP AEROSPACE INDIA has Dynamatic Techologies contract to manage its supply chain for raw materials (covering aluminum, steel and titanium products), warehousing and processing services for A220 program.
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BOEING

Jul 24, 2024
BOEING was selected by Ryanair to provide Jeppesen FliteDeck Pro 5.0 EFB solution to provide tailored route info.
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EMBRAER

Jul 24, 2024
EMBRAER unveiled new developments for its Energia sustainable aircraft concepts that include going to 50-seater vs 30 and testing hydrogen gas turbine/dual fuel (GT/DF) approach in addition to hybrid electric and fuel cell technologies.
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SAFRAN

Jul 24, 2024
SAFRAN is building €6m manufacturing facility in Chihuahua, Mexico for evac systems and seat components from '25.
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KLM AND ZEROAVIA

Jul 24, 2024
KLM and ZEROAVIA are collaborating for demo flight in 2026 of turboprop (TBA) with ZA2000 hydrogen-electric engine.
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VOLTAERO

Jul 24, 2024
VOLTAERO secured MOU from Sigma Air Mobility to demonstrate its Cassio electric-hybrid aircraft for potential orders.
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ITP AERO

Jul 24, 2024
ITP AERO UK was selected by Pratt & Whitney to supply GTF combustors out of Hucknall (East Midlands) from late '24.
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AVIATION WEEK NETWORK

Jul 24, 2024
AVIATION WEEK NETWORK forecasts delivery of 2,000 commercial eVTOLs by '30, 12,000 by '40 and 33,000 by '50.
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STS COMPONENT SOLUTIONS

Jul 24, 2024
STS COMPONENT SOLUTIONS was named exclusive distributor of MarathonNorco'a mechanical products, including ball reversers, hold open rods, remote release systems and latches, in Americas, EMEA, Japan and Australia/New Zealand.
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PRATT & WHITNEY CANADA

Jul 24, 2024
PRATT & WHITNEY CANADA was selected by Maeve to collaborate of development of hybrid-electric propulsion technologies for M80 regional aircraft, which is being designed with 1,200 nm-range for entry into service in 2032.
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HERBER AIRCRAFT SERVICE

Jul 25, 2024
HERBER AIRCRAFT SERVICE, CA was named by Eaton Aerospace as global distributor of its aerospace conveyance and engine solution product lines.
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PRATT & WHITNEY

Jul 25, 2024
PRATT & WHITNEY earned $542m on $6.8b sales in 2Q24 vs $230m on $5.7b in 2Q23. It delivered 747 engines (236 large commercial; 37 military; and 474 PW&C) vs 772 (191 large commercial; 74 military; and 507 PW&C) a year ago.
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HONEYWELL AEROSPACE

Jul 25, 2024
HONEYWELL AEROSPACE earned $1.1b on $3.9b sales in 2Q24 vs $930m on $3.3b in 2Q23; aftermarket rose 17%.
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COLLINS AEROSPACE

Jul 25, 2024
COLLINS AEROSPACE earned $1.1b on $7b sales in 2Q24 vs $899m on $6.4b in 2Q23; increase in sales was driven by a 12% increase in commercial aftermarket, a 10% increase in commercial OE, and a 7% increase in defense.
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VIASAT

Jul 25, 2024
VIASAT, CA was selected by LOT to provide Ka-band inflight connectivity solution for its 15 787s starting in 2026.
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HONEYWELL

Jul 25, 2024
HONEYWELL was selected by Electra.aero to supply flight control computers and electromechanical actuation systems for its 9-pax hybrid-electric eSTOL aircraft. Additionally, Honeywell made a strategic financial investment in Electra.
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AAR

Jul 25, 2024
AAR signed multiple additional military/commercial distribution agreements with Ontic
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ALTA

Jul 25, 2024
ALTA added GA Telesis as new affiliate member.
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APiJET

Jul 25, 2024
APiJET secured agreement from Frontier Airlines to test its Digital Winglets real-time flight route optimization solution.
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DEUTSCHE AIRCRAFT

Jul 25, 2024
DEUTSCHE AIRCRAFT commenced construction of first D328eco test aircraft (TAC 1) by starting work on extension of a D328 fuselage that will seat 40 pax; program has also secured contracts with supplier for >95% of required work.

Air Transport

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CONDOR

Jul 20, 2024
CONDOR agreed to lease 19 A320neo Family aircraft from ALC for delivery through 2027; first (12006) was delivered.
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BLUE OWL CAPITAL

Jul 20, 2024
BLUE OWL CAPITAL has acquired ATALAYA CAPITAL MANAGEMENT, NY (asset-based credit investments) for $450m.
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SAS

Jul 20, 2024
SAS received approval from Sweden for its Plan of Reorganization. It expects to emerge from bankruptcy in August '24.
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ALL NIPPON AIRWAYS

Jul 20, 2024
ALL NIPPON AIRWAYS plans January 31 to begin three-times-weekly Tokyo Haneda-Stockholm Arlanda (787).
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EMBRAER

Jul 23, 2024
EMBRAER secured financing from BNDES for the export of 32 E175s to AMERICAN AIRLINES in R$4.5b deal.
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KOREAN AIR

Jul 23, 2024
KOREAN AIR took delivery of its first 325-seat 787-10 (66878) with GEnx-1B74/75s on lease from Air Lease Corporation.
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CANADIAN NORTH

Jul 23, 2024
CANADIAN NORTH unveiled its CAE 7000XR 737NG full-flight simulator at new 30,000 sq ft training facility in Edmonton.
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FLYDUBAI

Jul 23, 2024
FLYDUBAI says its expansion plans have been significantly hampered by Boeing's delays in its aircraft delivery schedule, resutling in fewer aircraft being delivered every year for past three years (14 due in '24 will not be delivered).
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NATIONAL AIRLINES

Jul 23, 2024
NATIONAL AIRLINES agreed to order four 777Fs for delivery in 4Q25/1Q26 to add to its fleet of nine 747-400Fs.
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AIR CANADA

Jul 23, 2024
AIR CANADA is estimating operating income of C$466m on C$5.5b revenues in 2Q24 vs C$802m on C$5.4b in 2Q23.
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KOREAN AIR

Jul 23, 2024
KOREAN AIR signed LOI to order 20 777-9s and 20 787-10s, and option 10 787-10s, in preparation for merger with ASIANA.
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LUXAIR

Jul 23, 2024
LUXAIR ordered two 737-10s and optioned two. It operates 21 aircraft, including two leased 737-8s and eight 737NGs.
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SMBC AVIATION CAPITAL

Jul 23, 2024
SMBC AVIATION CAPITAL exercised options for 22 GTF-powered A320neo Family aircraft on top of 20 ordered in 2021.
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JAPAN AIRLINES

Jul 23, 2024
JAPAN AIRLINES agreed to order 10 more 787-9s, and option 10, to join fleet of >50 787s. It also has 21 MAXs on order.
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DE HAVILLAND CANADA

Jul 23, 2024
DE HAVILLAND CANADA is selling four OEM-certified refurbished Dash 8-400s to WIDEROE (2), SKYWARD EXPRESS, Kenya (1) and TANZANIA (1) under recently announced program. It has to date acquired 28 aircraft for the program.
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RYANAIR

Jul 23, 2024
RYANAIR had €360m net income on €3.63b revenues for first quarter ended June 30 vs €663m on €3.65b a year ago; pax rose 10% to 55.5m. It ended quarter with 156 737-8200s and expects 160 by end of July (20 short of expectations).
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VOLTAERO

Jul 23, 2024
VOLTAERO secured MOU from Southeast Asia's GLOBAL SKY to order 15 Cassio hybrid-electric aircraft.
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DRUKAIR

Jul 23, 2024
DRUKAIR, Bhutan signed MOU to order three A320neos and two A321XLRs (engines TBA) for delivery starting in 2030.
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ALL NIPPON AIRWAYS

Jul 23, 2024
ALL NIPPON AIRWAYS agreed to purchase seven OEM-certified refurbished Dash 8-400s from De Havilland Canada.
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MSC AIR CARGO

Jul 23, 2024
MSC AIR CARGO began twice-weekly Milan-Hong Kong (777F).
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WESTJET

Jul 23, 2024
WESTJET announced plans to increase its overall winter season capacity by 9% vs a year ago, which includes +48% in intercontinental capacity, +15% in domestic capacity, +5% in transborder capacity and +3% in Latin-Caribbean capacity.
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AIR ATLANTA

Jul 23, 2024
AIR ATLANTA leased ex-Air New Zealand 777-200ER (34378) from Alta Airlines Holding for wet-lease to SAUDIA.
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COPA

Jul 23, 2024
COPA purchased two 737-800s off-lease from Avolon in deal arranged by SkyWorks, which was also retained by an EMEA airline to advise on potential narrowbody order and a Latin American LCC to arrange JOLCO financing for A320s.
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ATLAS AIR

Jul 23, 2024
ATLAS AIR secured $90m in senior debt financing from Investec Aviation Finance for three 747-400Fs.
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AIR NORTH

Jul 23, 2024
AIR NORTH, Yukon secured C$6m investment from Government of Canada to add a 737-800 and expand its infrastructure, which includes procuring tools and spare parts for maintenance and constructing 52,800 sq ft hangar.
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IATA

Jul 23, 2024
IATA added SmartLynx Airlines Malta as new member and now represents 330 airlines in >120 countries.
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JAPAN AIRLINES

Jul 23, 2024
JAPAN AIRLINES ordered 20 more A350-900s (now 52 A350-900/1000s; 19 delivered) and 11 A321neos.
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VIRGIN ATLANTIC

Jul 23, 2024
VIRGIN ATLANTIC ordered seven more A330-900s, increasing commitment to 19 (five leased aircraft now in service).
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MEHAIR

Jul 23, 2024
MEHAIR, India signed LOI to order 50 19-seat ME-1A amphibious aircraft from US-based Mallard Enterprises.
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UPS

Jul 23, 2024
UPS agreed to acquire Mexico's ESTAFETA (express delivery company), which operates six 737-400SFs.
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MACQUARIE AIRFINANCE

Jul 23, 2024
MACQUARIE AIRFINANCE ordered 20 737-8s and now has 40 on order after acquiring 20 delivery slots from ALAFCO.
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DE HAVILLAND CANADA

Jul 23, 2024
DE HAVILLAND CANADA booked Twin Otter Series 400 orders from an undisclosed airline and PEGASUS AIR SERVICES.
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HONG KONG AIRLINES

Jul 23, 2024
HONG KONG AIRLINES leased ex-Tigerair A320-200 (4804) with V2500s from CDB Aviation.
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AURIGNY

Jul 23, 2024
AURIGNY, UK agreed to lease two ex-Avianca ATR 72-600s from NAC (1151) and Jetstream Aviation Capital (1174).
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VIETJET AIR

Jul 23, 2024
VIETJET AIR ordered 20 A330-900s in $7.4b deal for growth and to replace its current fleet of seven A330-300s.
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MAGMA AVIATION

Jul 23, 2024
MAGMA AVIATION added an A321P2F and 737-800BCF in the Middle East in conjunction with opening new office in Dubai.
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QATAR AIRWAYS

Jul 23, 2024
QATAR AIRWAYS announced order for 20 777-9s and now has 60, plus 34 777-8Fs, 12 787s and 25 MAXs, on order.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE was selected by Riyadh Air to provide suite of flight operations software solutions, including Safety Insight, Fuel Insight and FlightPulse.
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SEAPLANE ASIA

Jul 23, 2024
SEAPLANE ASIA, Hong Kong agreed to order 14 PHA-ZE 100 amphibious aircraft from JEKTA, Switzerland for 2030.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE extended TrueChoice engine maintenance agreement with TUI Airways for GEnx-powered 787s.
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BERNIQ AIRWAYS

Jul 23, 2024
BERNIQ AIRWAYS, Libya ordered six A320neo Family aircraft for growth and to eventually replace its six A320-200s.
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SATENA

Jul 23, 2024
SATENA, Colombia agreed to purchase eight DHC-6 Twin Otters from De Havilland Canada from late 2024 for growth.
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AIR INDIA

Jul 24, 2024
AIR INDIA plans to deploy A350-900 on daily New Delhi-JFK from Nov 1 and on -Newark from Jan 1, replacing 777.
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AIR TAHITI

Jul 24, 2024
AIR TAHITI ordered four ATR 72-600s for delivery in 2025-2028 with 8-year global maintenance agreement with ATR.
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AIRBALTIC

Jul 24, 2024
AIRBALTIC took delivery of its 48th A220-300 (55286). It has 32 remaining on order, plus purchase rights for 20 more.
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EASYJET

Jul 24, 2024
EASYJET earned £236m on £2.6b revenues for third quarter ended June 30 vs £203m on £2.4b a year ago; ancillary revenues rose 11%. It ended quarter with net cash position of £456m vs £146m as at March 31 and now has 330 aircraft.
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DAOL AND VOLOFIN

Jul 24, 2024
DAOL and VOLOFIN closed financing of one 777-300ER (leased to AIR FRANCE) for a South Korean asset manager.
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MAGNETIC LEASING

Jul 24, 2024
MAGNETIC LEASING closed a secured term loan with volofin to finance mid-life narrowbody aircraft, engines, and LG.
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EASYJET

Jul 24, 2024
EASYJET has extended leases of 10 CFM56-powered A319-100s from Aergo Capital; it has 47 A319s in fleet.
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AVELO AIRLINES

Jul 25, 2024
AVELO AIRLINES announced its largest expansion in company history with 18 nonstop routes, including new service to Montego Bay, Jamaica and Cancun, Mexico and setting up base Hartford’s Bradley International with two 737NGs.
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AVELO AIRLINES

Jul 25, 2024
AVELO AIRLINES plans November 15 to begin twice-weekly Houston Hobby-Hartford, CT (737NG).
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FLYNAS

Jul 25, 2024
FLYNAS, Saudi Arabia agreed to order 75 A320neo Family aircraft (now 192; 53 delivered) and 15 A330-900s.
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AMERICAN

Jul 25, 2024
AMERICAN had $717m net profit on record $14.3b revenues in 2Q24 vs $1.3b on $14.1b in 2Q23. It has $11.7b liquidity.
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SOUTHWEST

Jul 25, 2024
SOUTHWEST had $367m net profit on record $7.4b revenues in 2Q24 vs $683m on $7.1b in 2Q23 and announced it is switching to assigned seats and will offer premium seating options. It expects to receive 20 737s in '24 vs 85 scheduled.
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JCAS AIRWAYS

Jul 25, 2024
JCAS AIRWAYS, Japan signed LOI to lease one new ATR 72-600 from Avation for delivery in late 2025.
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ReGEN

Jul 25, 2024
ReGEN (Genesis) purchased A319-100 (2429; leased to BRITISH AIRWAYS) with V2500s from Aviator Capital.
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AIR FRANCE

Jul 25, 2024
AIR FRANCE took delivery of new A350-900 (671) on lease from Air Lease Corporation (SPNWS; March 10, 2023).
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EASTAR JET

Jul 25, 2024
EASTAR JET, Korea leased ex-Air Vanuatu 737-800 (42052) from Air Lease Corporation.
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AEROLINEAS ARGENTINAS

Jul 25, 2024
AEROLINEAS ARGENTINAS leased new 737-8 (66359) from Air Lease Corporation.
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AIR FRANCE-KLM GROUP

Jul 25, 2024
AIR FRANCE-KLM GROUP had €165m net profit on €7.9b revenues in 2Q24 vs €612m on €7.6b in 2Q23; both traffic and capacity were up 4.1% for 88% PLF. AIR FRANCE GROUP earned €195m vs €481m; KLM GROUP earned €260m vs €263m.
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BOEING

Jul 23, 2024
BOEING forecasts demand in 2024-2043 for 43,975 new pax/freighter aircraft (1,525 regional jets/33,380 single-aisle/9,070 twin-aisle; 20,555 for replacement) vs 42,595 in 2023 CMO, increasing global fleet from 26,750 to 50,170 aircraft, to satisfy 4.7% annual traffic growth; it also sees demand for 2,845 freighters (1,005 new/1,840 converted) to satisfy 4.1% CAGR. It projects $4.4 trillion demand for commercial services and need for 2.37m new personnel.
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FLYYO

Jul 25, 2024
FLYYO, Romania leased ex-flynas A320-200 (3256) with CFM56s from Air Lease Corporation for ACMI operations.
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GE AEROSPACE

Jul 25, 2024
GE AEROSPACE was selected by Avolon to implement Asset Transfer System (ATS) to provide real-time visibility and access to maintenance records via user-friendly digital interface, an enhanced OCR search, and third-party collaboration.
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ABRA

Jul 25, 2024
ABRA agreed to order five A350s and option three; it is majority owner of GOL and AVIANCA (and soon WAMOS AIR).
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JETBLUE

Jul 25, 2024
JETBLUE plans in January to launch services at Manchester-Boston (to Florida), its 10th airport in New England.

Business Aviation

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EMBRAER

Jul 20, 2024
EMBRAER delivered 27 executive jets (20 Phenoms/seven Praetors) in 2Q24 vs 30 (19 Phenoms/11 Praetors) in 2Q23; and 45 (31 Phenoms/14 Praetors) in 1H24 vs 38 (25 Phenoms/13 Praetors) in 1H23. It ended quarter with $4.6b backlog.
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GAMA AVIATION

Jul 20, 2024
GAMA AVIATION was appointed by Textron Aviation as authorized sale rep for its Special Missions aircraft in UK/Ireland.
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CIRRUS

Jul 23, 2024
CIRRUS delivered its 10,000th SR Series single-engine piston aircraft; first was delivered in 1999.
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NOAA

Jul 24, 2024
NOAA ordered a second modified G550 for delivery in 2028 to support hurricane and tropical storm forecasts, atmospheric research and other missions in $106m deal with Gulfstream; first aircraft is due for delivery in 1H25.
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GENERAL DYNAMICS AEROSPACE

Jul 24, 2024
GENERAL DYNAMICS AEROSPACE earned $319m on $2.9b sales in 2Q24 vs $236m on $2b in 2Q23, ending quarter with $20b backlog vs $19.5b a year ago. GULFSTREAM delivered 37 (31 large cabin) business jets vs 24 (18) in 2Q23.
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MARSH BROTHERS AVIATION

Jul 24, 2024
MARSH BROTHERS AVIATION has Transport Canada approval for its new flap roller bearing for Beechcraft King Air.
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BOMBARDIER

Jul 25, 2024
BOMBARDIER had $19m net profit on $2.2b revenues in 2Q24 vs $35m loss on $1.7b. It delivered 39 aircraft vs 29.
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BOEING

Jul 23, 2024
BOEING forecasts need for 674,000 pilots, 716,000 maintenance technicians and 980,000 cabin crew members over next 20 years (+4.1% vs '23 forecast) to support global commercial fleet, projected to reach to 50,170 aircraft by 2043.
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DASSAULT AVIATION

Jul 25, 2024
DASSAULT AVIATION had €442m adjusted net income on €2.5b sales in 1H24 vs €405m on €2.3b in 1H23; it ended June with €41.2b backlog (83 Falcons) vs €34.4b (90 Falcons) a year ago. It delivered 12 Falcons in 1H24 vs nine in 1H23.

Defense

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TEXTRON AVIATION

Jul 23, 2024
TEXTRON AVIATION unveiled new military multi-engine trainer, based on King Air 260, selected by US NAVY and RCAF.
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FOKKER SERVICES GROUP

Jul 23, 2024
FOKKER SERVICES GROUP extended standard parts/expendables support contract with RNLAF for AH-64 Apache, CH47 Chinook, NH90, AS532U2 Cougar, C-130 Hercules, PC-7 trainer, and MQ-9 Reaper for another five years.
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DUTCH MINISTRY OF DEFENSE

Jul 23, 2024
DUTCH MINISTRY OF DEFENSE ordered nine C-390s from Embraer for delivery to AUSTRIA (5) and RNLAF (4).
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DAHER

Jul 23, 2024
DAHER delivered a Kodiak 100 in multi-mission configuration (with floats) to the MAINE MARINE PATROL.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE signed MOU with Turkish Aerospace and TUSAŞ Engine Industries to evaluate and collaborate on integrating F404 engine into new variants of HÜRJET aircraft. As part of deal, TEI would also provide assembly and MRO.
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LOCKHEED MARTIN

Jul 23, 2024
LOCKHEED MARTIN had $1.64b net income on $18.1b sales in 2Q24 vs $1.68b on $16.7b in 2Q23. It delivered 24 aircraft/rotorcraft (four F-16s/five C-130Js/15 helicopters) vs 60 (45 F-35s/four C-130Js/28 helicopters) in 2Q23.
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PARAGUAYAN AIR FORCE

Jul 23, 2024
PARAGUAYAN AIR FORCE ordered six A-29 Super Tucanos for delivery from 2025; EMBRAER has now sold >260.
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AIRBUS

Jul 23, 2024
AIRBUS has 10-year NATO contract to provide simulation and training package for multinational A330MRTT fleet.

MRO

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SR TECHNICS

Jul 20, 2024
SR TECHNICS inducted its first PW1100G-JM (GTF) at Zurich for full disassembly, assembly and testing.
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GE AEROSPACE

Jul 20, 2024
GE AEROSPACE announced plans to invest >$1b in its global MRO network, mainly to meet growth of LEAP fleet; it has allocated $250m in 2024 for facilities in US ($65m), South America ($55m), Europe/ME ($60m) and Asia Pacific ($45m).
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HAITE TIANJIN

Jul 20, 2024
HAITE TIANJIN opened its second narrowbody freighter conversion line for EFW, inducting A320-200 (2783) for Juniper.
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EMPIRE AEROSPACE

Jul 20, 2024
EMPIRE AEROSPACE was selected by ACIA Aero Leasing to convert ATR 72-600 (1239; ex-Tsaradia) to LCD freighter.
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REGIONAL ONE

Jul 20, 2024
REGIONAL ONE took redelivery of E190F prototype (360; ex-Avianca El Salvador) from Embraer, awaiting certification.
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LILIUM

Jul 23, 2024
LILIUM has developed new digital suite of eVTOL flight planning and aircraft performance EFBs under 'POWER-ON' aftermarket services portfolio.
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BOMBARDIER

Jul 23, 2024
BOMBARDIER added new business jet line maintenance station at Farnborough and now has nine stations worldwide.
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DE HAVILLAND CANADA

Jul 23, 2024
DE HAVILLAND CANADA has order from Advantage Air Travel for QC freighter conversion kit for its Dash 8-400.
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LUFTHANSA TECHNIK

Jul 23, 2024
LUFTHANSA TECHNIK was designated by Boeing as its first licensed service center for 787 cabin mods from 2025.
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WIPAIRE

Jul 23, 2024
WIPAIRE has FAA STC to install Hartzell Propeller's Yukon four-blade props on Cessna Caravan for better performance.
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GATES

Jul 23, 2024
GATES began using SAF, supplied by Neste, for engine testing operations in Finland under partnership with DHL.
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VORTEX AVIATION

Jul 23, 2024
VORTEX AVIATION (Kellstrom Aerospace Group), FL was certified by Brazil to provide engine maintenance services.
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ST ENGINEERING

Jul 23, 2024
ST ENGINEERING launched LEAP-1A testing at Singapore in addition to LEAP-1B testing.
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GULF AIR

Jul 23, 2024
GULF AIR plans to build
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MTU AERO ENGINES and OERLIKON

Jul 23, 2024
MTU AERO ENGINES and OERLIKON agreed to establish a smart thermal spray factory under existing cooperation deal.
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ITP AERO

Jul 23, 2024
ITP AERO extended contract with Pratt & Whitney Canada for maintenance/repair/overhaul of mid-turbine frame (MTF) and low-pressure compressor (LPC) modules of the PW800 through 2028. It is a risk and revenue partner on program.
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GE AEROSPACE

Jul 23, 2024
GE AEROSPACE extended TrueChoice engine maintenance agreement with TUI Airways for GEnx-powered 787s.
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MOOG

Jul 23, 2024
MOOG has 8-year maintenance/pooling contract to provide 787 flight control component support for Lufthansa and Austrian; it also has 15-year Hawaiian contract to support its 787s with component repairs and pool access for spares.
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ETHIOPEAN AIRLINES

Jul 23, 2024
ETHIOPIAN AIRLINES signed LOI with ATR to cooperate in development of its aircraft maintenance/training capabilities.
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SAFRAN AIRCRAFT ENGINES

Jul 24, 2024
SAFRAN AIRCRAFT ENGINES adding a second, 14,000 sq meter engine MRO shop at Querétaro to double LEAP capacity in the Americas; it is also expanding its engine production plant for LEAP fan/turbine modules and final assembly.
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COLLINS AEROSPACE

Jul 24, 2024
COLLINS AEROSPACE plans in 4Q25 to begin building new $250m component manufacturing facility in Singapore's Seletar Aerospace Park for 2028 to eventually replace its existing facility at Bedok after a multi-year transition plan.
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HAECO GROUP

Jul 24, 2024
HAECO GROUP extended deal with GE Aerospace to provide offload services for GE90s through 2040; additionally, it signed MOU that secures HAECO Engine Services (Xiamen)'s position in the MRO global network for the GE9X.
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ROLLS-ROYCE

Jul 24, 2024
ROLLS-ROYCE has 10-year, $300m JSX contract to maintain 162 AE 3007As under TotalCare and SelectCare programs.
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COLLINS AEROSPACE

Jul 24, 2024
COLLINS AEROSPACE was selected by Freebird Airlines to provide Ascentia data management and analytics platform for A320 predictive maintenance.
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EIRTRADE AVIATION

Jul 24, 2024
EIRTRADE AVIATION acquired ex-EVA Air 777-300ER (32643) for part out at Knock, Ireland, expected to take 30 days.
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PRATT & WHITNEY

Jul 24, 2024
PRATT & WHITNEY has Air Niugini contract to provide GTF maintenance for 11 A220s under its EngineWise program.
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LUFTHANSA TECHNIK

Jul 24, 2024
LUFTHANSA TECHNIK was selected by VietJet Air to provide Total Component Support for 184 A320s and nine A330s.
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ROLLS-ROYCE

Jul 24, 2024
ROLLS-ROYCE has VietJet Air contract to maintain Trent 7000s for 20 A330-900s under its TotalCare program.
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GE AEROSPACE

Jul 24, 2024
GE AEROSPACE has 6-year THAI Airways contract extension to maintain GE90s under TrueChoice Service program.
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AAR

Jul 24, 2024
AAR has general terms agreement with Liebherr-Aerospace for license to service its flight control, environmental control, and thermal management components, including power-by-the-hour contract for several AAR customers.
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AFI KLM E&M and PARKER AEROSPACE

Jul 25, 2024
AFI KLM E&M and PARKER AEROSPACE rolled out SkyThread's blockchain-based aircraft parts track and trace platform for 787 platform that provides access to complete history of each new and repaired Parker part on 787 fleet.
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J&C AERO

Jul 25, 2024
J&C AERO, Lithuania was selected by a Central Asian airline to refurbish/modernize interiors for three 757-200s to match 737 MAX levels by end 2024 (first was completed); workscope includes new seats, PSUs, lighting, lavs and galleys.
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AFI KLM E&M

Jul 25, 2024
AFI KLM E&M earned €37m in 2Q24 (vs €46m in 2Q23) on 14% higher revenues; third party revenues rose 22.6%.
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DHL EXPRESS SPAIN

Jul 25, 2024
DHL EXPRESS SPAIN plans to build €40m, 19,700 sq meter aircraft maintenance facility in Vitoria-Gasteiz for mid-2027.
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AIRBUS

Jul 25, 2024
AIRBUS was selected by Air Mauritius to provide Fleet Technical Management (FTM) services to enhance operational efficiency of its A350 and A330 fleets by providing CAMO activities, including engineering support and health monitoring.
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MAGELLAN AEROSPACE and AEQUS

Jul 25, 2024
MAGELLAN AEROSPACE and AEQUS signed MOU to explore setting up jointly-owned engine MRO business in India.
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OGMA

Jul 25, 2024
OGMA inducted its first PW1100G-JM (GTF) at Alverca for full disassembly, assembly and testing.

Who’sNews

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WHO'SNEWS: TRIUMPH GROUP

Jul 20, 2024
Mike Boland to Chief Operating Officer of Triumph Group, PA.
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WHO'SNEWS: TRIUMPH GROUP

Jul 20, 2024
Natasha Trudeau to President-Actuation Products and Services, based in Yakima, WA, of Triumph Group.
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WHO'SNEWS: BBN AIRLINES

Jul 20, 2024
Brendan Craig Martin to President Director of BBN Airlines Indonesia.
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WHO'SNEWS: TR TECHNICS

Jul 20, 2024
Bo Lump to Senior Vice President-Business Development of SR Technics, Zurich.
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WHO'SNEWS: WILLIS LEASE FINANCE CORPORATION

Jul 23, 2024
Caroline M. Vandedrinck to Senior Vice President-Materials & Services of Willis Lease Finance Corporation, FL.
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WHO'SNEWS: ALPHA PARTNERS LEASING (APL)

Jul 23, 2024
Chris Cholerton to Chairman of Alpha Partners Leasing (APL), UK.
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WHO'SNEWS: ELTA SYSTEMS

Jul 23, 2024
Dror Bar to an Executive Vice President of Israel Aerospace Industies and Chief Executive of ELTA Systems, Israel.
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WHO'SNEWS: JETBLUE AIRWAYS

Jul 25, 2024
Eileen McCarthy to General Counsel and Corporate Secretary of JetBlue Airways (effective August 5).
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WHO'SNEWS: SOUTHWEST AIRLINES

Jul 25, 2024
Ryan Green to Executive Vice President-Commercial Transformation of Southwest Airlines.