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Aerospace

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VERTICAL AEROSPACE

Jul 27, 2024
VERTICAL AEROSPACE, UK completed first tethered piloted flight of its VX4 prototype eVTOL; next phase of testing will include thrustborne flight testing whereby aircraft will takeoff/land vertically and conduct low speed flight manoeuvres.
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CASTLE PRECISION ENGINEERING

Jul 27, 2024
CASTLE PRECISION ENGINEERING has £85m Rolls-Royce contract to supply precision-machined rotating parts.
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ZEROAVIA

Jul 27, 2024
ZEROAVIA booked order from Edinburgh-based Ecojet to supply 22 ZA2000 hydrogen-electric engines, plus 40 options, for retrofit on its regional turboprop fleet (TBD). Ecojet plans to launch in late 2024 with conventionally powered aircraft.
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DE HAVILLAND CANADA and PAL AEROSPACE

Jul 27, 2024
DE HAVILLAND CANADA and PAL AEROSPACE signed MOU to jointly develop new innovations for Dash 8-400, including LEO inflight connectivity and conversion to combi configuration, for PAL's fleet and third party operators.
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L3HARRIS COMMUNICATION SYSTEMS

Jul 27, 2024
L3HARRIS COMMUNICATION SYSTEMS earned $329m on $1.35b sales in 2Q24 vs $325m on $1.29b in 2Q23.
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BARNES AEROSPACE

Jul 30, 2024
BARNES AEROSPACE earned $29.3m on $218m sales in 2Q24 vs $16.6m on $122m in 2Q23, citing dramatic increase in sales as result of acquisition of MB AEROSPACE; aerospace OEM backlog is $1.5b, up 3% from end of March 2024.
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INNOVATIVE SOLUTIONS & SUPPORT

Jul 30, 2024
INNOVATIVE SOLUTIONS & SUPPORT, PA entered into exclusive license agreement (including acquiring key assets) with Honeywell for intellectual property rights to manufacture/upgrade/repair additional communication/navigation products.
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GKN AEROSPACE

Jul 30, 2024
GKN AEROSPACE has committed to Airbus’ 2-year Sustainable Wing Solutions (SusWingS) R&T program focusing on high-performance wing technologies and environmentally conscious manufacturing processes; it is investing £4m.
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FDH ELECTRONICS

Jul 30, 2024
FDH ELECTRONICS has expanded distribution agreement with Crouzet for relays, switches and circuit breakers for customers in the mil-aero market.
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NWI AEROSTRUCTURES

Jul 30, 2024
NWI AEROSTRUCTURES secured $75m capital investment from GREAT ROCK CAPITAL for three affiliates, NWI Nashville, Utica Realty Nashville and NWI Wichita, for growth in delivering machined aviation components/assemblies.
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THYSSENKRUPP AEROSPACE

Jul 30, 2024
THYSSENKRUPP AEROSPACE extended materials management contract with Mecachrome Group for another five years.
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HOWMET AEROSPACE

Jul 30, 2024
HOWMET AEROSPACE had $266m net income on $1.9b sales in 2Q24 vs $193m on $1.6b in 2Q23; commercial aerospace sales rose 27%. It says its biggest issue continues to be OEMs' ability to build aircraft on consistent basis.
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BARNES AEROSPACE-SINGAPORE

Jul 30, 2024
BARNES AEROSPACE-SINGAPORE signed long-term, $33m contract extension from MTU Aero Engines to continue to supply mission-critical engine components for GTFs (for A320 Family and A220) and PW800s (for G500 and G600).
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SK CAPITAL

Jul 30, 2024
SK CAPITAL, NY agreed to acquire the North America Composites & Fuel Containment (CFC) Division of Parker Hannifin, which supplies engineered carbon fiber composite components and fuel containment solutions ($350m annual sales).
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CRANE AEROSPACE

Jul 30, 2024
CRANE AEROSPACE earned $53m on $231m sales in 2Q24 vs $38m on $189m in 2Q23; backlog rose to $815m vs $675m.
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AIRBUS

Jul 30, 2024
AIRBUS had €230m net profit on €16b revenues in 2Q24 vs €1.1b on €15.9b in 2Q23; Commercial Aircraft earned €1.5b on €12b vs €1.3b on €12.2b, and says its monthly production targets are all on track: A220 to 14 in 2026; A320neo Family to 75 in 2027; A330 to four in 2024; and A350 to 12 in 2028. It still plans to deliver around 770 aircraft in 2024.
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AVIATION PARTNERS BOEING

Jul 30, 2024
AVIATION PARTNERS BOEING has Flybondi order to supply Split Scimitar Winglets for its 15 737-800s; installations are being performed through end of 2024 at AEROLINEAS ARGENTINAS with first two (30698/33007) complete.
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BOEING

Jul 31, 2024
BOEING had $1.4b net loss on $16.9b revenues in 2Q24 vs $149m loss on $19.8b in 2Q23; BCA lost $715m on $6b vs $383m loss on $8.8b with planned production increases to 38 737s per month and five 787s per month by end of '24.
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BOEING

Jul 31, 2024
BOEING named Kelly Ortberg, formerly CEO of Rockwell Collins, as its next President and CEO (effective August 8).
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TRANSDIGM

Jul 31, 2024
TRANSDIGM completed acquisition of RAPTOR SCIENTIFIC, CA (test/measurement solutions) for $655m in cash.
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DAE

Jul 31, 2024
DAE had $154.3m pretax profit on $679.2m revenues in 1H24 vs $150.4m on $670.1m in 1H23; its orderbook positions are placed until 2Q26. DAE ENGINEERING posted a 33% increase in revenues (performed 162 maintenance checks).
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BOEING

Jul 31, 2024
BOEING reactivated third 737 MAX assembly line at Renton, and is now producing about 25 aircraft per month, citing receipt of clean fuselages from SPIRIT. It still has 90 pre-built 737-8s (mostly for China/India) and 25 787s being reworkes, of which most are expected to be delivered by end 2024 in order to close its shadow factories by end of year.
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BOEING

Jul 31, 2024
BOEING expects to deliver first 777-9 in 2025. FAA is leading certification program.
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UAC

Jul 31, 2024
UAC, Russia had RUB14.4b net loss in 1H24 (vs RUB4.9b profit in 1H23) on 16% higher revenues; it has RUB92.8b cash.
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ROLLS-ROYCE CIVIL AEROSPACE

Aug 01, 2024
ROLLS-ROYCE CIVIL AEROSPACE earned £740 in 1H24 (vs £405m in 1H23) on 26% higher revenues; it delivered 236 engines (120 large) in 1H24 vs 188 in 1H23 and completed 624 LTSA shop visits (394 major) vs 591 (331) a year ago.
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THALES

Aug 01, 2024
THALES was selected by Lilium as sole supplier of navigation and communication antennas for the Lilium Jet.
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DÜRR GROUP

Aug 01, 2024
DÜRR GROUP, Germany was selected by Premium AEROTEC to provide energy-efficient surface coating 13,000 liter-A321XLR rear center tank.
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EATON AEROSPACE

Aug 01, 2024
EATON AEROSPACE earned $206m on $955m sales in 2Q24 vs $191m on $848m in 2Q23; book-to-ball ratio was 1.1.
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MTU AERO ENGINES

Aug 01, 2024
MTU AERO ENGINES had €162m net income on €1.7b revenues (€25.2b backlog) in 2Q24 vs €122m on €1.5b in 2Q23.
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VSE AVIATION

Aug 01, 2024
VSE AVIATION earned $46.8m on $355m revenues in 1H24 vs $31.4m on $238m in 1H23; 2Q24 revenues rose 55%.
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SAFRAN

Aug 01, 2024
SAFRAN had €1.5b net income on €13b revenues in 1H2423 vs €1.1b on €10.9b in 1H23. Aerospace Propulsion earned €1.3b on 14% higher revenues rose 14% and and Aircraft Interiors earned €10m on 26.6% higher revenues.

Air Transport

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CENTRUM AIR

Jul 27, 2024
CENTRUM AIR, Uzbekistan took delivery of ex-Novair A321neo (7807) with LEAPs on lease from Air Lease Corporation for operation by MY FREIGHTER. It is also expected to acquire new LEAP-powered A321neo (11996) in coming months.
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IAT LEASING

Jul 27, 2024
IAT LEASING, Dublin acquired two A330-200s (1389/1404) from ORIX Aviation on behalf of Atalaya Capital Management.
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SKYWEST

Jul 27, 2024
SKYWEST had $75.6m net income on $867m revenues in 2Q24 vs $15.4m on $726m in 2Q23. It has $834m in cash.
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WESTJET

Jul 27, 2024
WESTJET plans January 17 to begin five-times-weekly Kelowna-Seattle (737); it will go daily from February 17.
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AIRHAIFA

Jul 27, 2024
AIRHAIFA, Israel took delivery of first (1701) of two ATR 72-600s with PW1217XT-Ms for startup.
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SINGAPOR CHANGI

Jul 27, 2024
SINGAPORE CHANGI handled 16.5m pax in 2Q24, up 13.4% vs 2Q23.
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VOLARIS

Jul 27, 2024
VOLARIS, Mexico took delivery of new A320neo (12052) with GTFs on lease from CDB Aviation.
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CROATIA AIRLINES

Jul 30, 2024
CROATIA AIRLINES took delivery of first (55290) of six A220-300s on lease from Air Lease Corporation.
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AAPA

Jul 30, 2024
AAPA members carried 28.9m pax in June, up 21% vs June 2023; capacity (ASKs) rose 24%. Cargo increased 16.4%.
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EUROPE

Jul 30, 2024
EUROPE launched investigation if €321.2m German measure to restructure CONDOR is in line with EU State aid rules.
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LAX

Jul 30, 2024
LAX handled 7m pax in June, up 2.3% vs June 2023; 1H24 traffic rose 4.1%.
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LATAM AIRLINES GROUP

Jul 30, 2024
LATAM AIRLINES GROUP relisted on NYSE with pricing of a public secondary offering by some shareholders to sell 19,000,000 ADSs; each of the ADSs represents 2,000 common shares of LATAM, at a price of $24 per ADS.
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AJET

Jul 30, 2024
AJET plans October 7 to begin Istanbul Sabiha Gocken-Tuzla, Bosnia and Herzegovina (A321neo).
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HAINAN AIRLINES

Jul 30, 2024
HAINAN AIRLINES plans September 1 to begin Beijing Capital-Tokyo Haneda (737NG).
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MALAYSIA AIRLINES

Jul 30, 2024
MALAYSIA AIRLINES plans in 1Q25 to begin Kota Kinabalu-Tokyo Haneda (737) and Kuala Lumpur-Brisbane on (A330).
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ENTER AIR

Jul 30, 2024
ENTER AIR, Poland leased second ex-SpiceJet 737-8 (64508) from Avolon.
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JET2.COM

Jul 30, 2024
JET2.COM, UK leased ex-Pegasus 737-800 (62687) from BOC Aviation.
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REGIONAL ONE

Jul 30, 2024
REGIONAL ONE purchased Dash 8-400 (4155), two Dash 8-400 airframes (4136/4139) and three PW150As from NAC.
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LOT POLISH AIRLINES

Jul 30, 2024
LOT POLISH AIRLINES plans February 24 to begin five-times-weekly Warsaw-Lisbon (737-8).
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HISKY

Jul 30, 2024
HISKY plans October 14 to begin thrice-weekly Bucharest-Paris CDG (A320).
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EASYJET

Jul 30, 2024
EASYJET plans in November to begin seasonal Geneva-Cairo/-Marsa Alam, Egypt (A320).
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TRANSAVIA FRANCE

Jul 30, 2024
TRANSAVIA FRANCE took delivery of new LEAP-powered A320neo (12197) on lease from AerCap.
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CHORUS AVIATION

Jul 30, 2024
CHORUS AVIATION agreed to sell its regional aircraft leasing business, including FALKO REGIONAL AIRCRAFT, to HPS INVESTMENT PARTNERS for C$1.9b (net proceeds of C$814m); deal is supported by Brookfield and Air Canada.
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HAWAIIAN AIRLINES AND ALASKA

Jul 30, 2024
HAWAIIAN AIRLINES and ALASKA reached agreement with US DOJ to extend Review Period for merger to August 15.
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JETBLUE AIRWAYS

Jul 30, 2024
JETBLUE AIRWAYS had $25m net income on $2.4b revenues in 2Q24 vs $138m on $2.6b in 2Q23, exceeding guidance.
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GE AEROSPACE

Jul 30, 2024
GE AEROSPACE has 5-year agreement with Riyadh Air to provide suite of flight operations software: Safety Insight, Fuel Insight, and FlightPulse.
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ASL AIRLINES

Jul 30, 2024
ASL AIRLINES IRELAND is expected to acquire ex-Air Belgium A330-200F (1688) with Trents for operation for DHL.
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AIR ASTANA

Jul 30, 2024
AIR ASTANA agreed to lease seven new A321neo LRs from Air Lease Corporation for delivery starting in 2026.
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IBS SOFTWARE

Jul 30, 2024
IBS SOFTWARE was selected by Singapore Airlines to co-develop digital shipment record solution to meet IATA's ONE Record standard.
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LUFTHANSA SYSTEMS

Jul 30, 2024
LUFTHANSA SYSTEMS was selected by Ethiopian Airlines to provide SIRAX/Revenue Accounting finance solution along with SIRAX/ONE Order.
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GX AIRLINES

Jul 30, 2024
GX AIRLINES, China leased ex-Bamboo A320neo (9457) with LEAPs from CDB Aviation.
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ANA HOLDINGS

Jul 30, 2024
ANA HOLDINGS had ¥24.7b net income on record ¥517b revenues for first quarter ended June 30 vs ¥30.6b on ¥461m a year ago; international pax revenue reached record ¥189.5b with plans to increase y-o-y capacity to Europe by 130%.
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ATLAS AIR

Jul 30, 2024
ATLAS AIR leased ex-AirBridge Cargo 747-8F (60119) with GEnx-2Bs from BOC Aviation.
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VIETNAM AIRLINES

Jul 30, 2024
VIETNAM AIRLINES took delivery of new 787-10 (60296) with GEnx-1Bs on lease from Air Lease Corporation.
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ROYAL JORDANIAN

Jul 30, 2024
ROYAL JORDANIAN lost JD27m on JD338m revenues in 1H24 vs JD17m loss on JD348m in 1H23, in line with guidance.
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AZORRA

Jul 30, 2024
AZORRA, FL closed $988m debt financing facility, which includes $750m revolving credit facility and $238m recourse debt financing to finance the expansion of its aircraft leasing portfolio of >100 aircraft and acquire additional aircraft.
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PIEDMONT AIRLINES

Jul 30, 2024
PIEDMONT AIRLINES plans to pull two ERJ 145s per month out of storage from Marana, AZ through February 2025 to increase fleet to 70 aircraft, citing rebound of pilot hiring and capacity needs to support American Airlines network.
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MALDIVIAN

Jul 30, 2024
MALDIVIAN agreed to lease ex-Airhub A330-200 (1161) with CF6-80E1A3 from TrueNoord for delivery in Nov 2024.
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PORTER AIRLINES

Jul 30, 2024
PORTER AIRLINES plans in November to begin Ottawa-/Montreal Trudeau-Las Vegas (E195-E2).
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AIR VANUATU

Jul 30, 2024
AIR VANUATU plans August 5 to resume domestic operations after receiving US$2.11m from Vanuatu Government.
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HAWAIIAN

Jul 30, 2024
HAWAIIAN had $67.6m net loss on $732m revenues in 2Q24 vs $12.3m loss on $707m in 2Q23; it has $1.5b of liquidity.
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LUFTHANSA GROUP

Jul 31, 2024
LUFTHANSA GROUP had €469m net income on €10b revenues in 2Q24 vs €881m on €9.4b in 2Q23; however, it launched comprehensive turnaround program after posting €427m loss in 1H24 due to negative market development in Asia-Pacific, inefficiencies in Lufthansa and CityLine flight operations, significant delays in aircraft deliveries affecting fleet management and increasing maintenance costs for older aircraft still in service, and new collective labor agreements.
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ORIX AVIATION

Jul 31, 2024
ORIX AVIATION earned $134.9m on $323m revenues (130 aircraft transactions) in FY24 vs $92.5m on $259m in FY23.
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IATA

Jul 31, 2024
IATA reports year-over-year global pax traffic was up 9.1% in June on 8.5% higher capacity; cargo rose 14.1%.
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ARIK AIR

Jul 31, 2024
ARIK AIR was grounded by the Nigerian CAA over legal issue related to $2.5m in debt with Atlas Petroleum International.
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CATHAY GROUP

Jul 31, 2024
CATHAY GROUP announced it has now repaid Hong Kong SAR Government's HK$19.5b investment for recapitalization.
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LOT POLISH AIRLINES

Jul 31, 2024
LOT POLISH AIRLINES leased ex-Breeze E195 (692) from Azorra.
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WIZZ AIR

Jul 31, 2024
WIZZ AIR plans in 4Q24 to begin Budapest-Marrakesh/-Genoa/-Girona/-Memmingen (A320).
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JETBLUE AIRWAYS

Jul 31, 2024
JETBLUE AIRWAYS says it is deferring 44 A321neos to 2030 and beyond, citing availability challenges with GTFs that extend past inspections.
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REX

Jul 31, 2024
REX, Australia entered voluntary administration with Ernst & Young Australia. All regional flights (Saab 340) are still flying as scheduled, but all domestic flights (737s) between major cities have been cancelled with aircraft grounded.
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SMARTLYNX AIRLINES

Jul 31, 2024
SMARTLYNX AIRLINES sold two A321-200s (1734/2216) to Magnetic Leasing, Estonia, and leased them back.
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BEES AIRLINES

Jul 31, 2024
BEES AIRLINES, Romania plans August startup from Bucharest to eight destinations with two A320-200s (1922/TBA).
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QATAR AIRWAYS

Jul 31, 2024
QATAR AIRWAYS is expected to acquire 25% stake in AIRLINK, South Africa, according to unconfirmed reports.
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AEROFLOT

Jul 31, 2024
AEROFLOT had RUB42.2b net income in 2Q24 (vs RUB48b loss in 2Q23) on 47% higher revenues.
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AELF

Aug 01, 2024
AELF purchased ex-Comair 737-800 (40972) from entity controlled by Nedbank for lease to FLYSAFAIR.
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DELTA AIR LINES

Aug 01, 2024
DELTA AIR LINES is estimating costs relating to CrowdStrike-Microsoft global tech outage in July will total $500m, which includes lost revenues, plus compensation and hotel costs, over the 5-day period. It plans to seek damages.
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AERCAP

Aug 01, 2024
AERCAP had $448m net income on $1.96b revenues ($1.6b lease rentals) in 2Q24 vs $497m on $1.92b in 2Q23 and ended quarter with owned/managed/committed fleet of 3,492 aircraft, engines and helicopters vs 3,467 a year ago.
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GEORGIAN AIRWAYS

Aug 01, 2024
GEORGIAN AIRWAYS leased 767-300BDSF (25209; ex-Air Condor) and ex-Omni Air 767-300ER (29390) from CAM.
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AIRASIA

Aug 01, 2024
AIRASIA agreed to lease 15 A321neos with LEAPs from AerCap for delivery 2024/2025; first three were delivered.
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SPIRIT AIRLINES

Aug 01, 2024
SPIRIT AIRLINES had $193m net loss on $1.28b revenues in 2Q24 vs $2.3m loss on $1.43b in 2Q23; it has $1.14b liquidity. It launched cost saving initiatives that include rightsizing pilot/cabin crew via suspending recruitment/furloughs.
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ALLEGIANT AIR

Aug 01, 2024
ALLEGIANT AIR earned $47m on $649.5m revenues in 2Q24 vs $127.5m on $684m in 2Q23; it expects to take delivery of four 737-8200s by end of 2024 (first in September), increasing year-end fleet to 124: four 737s and 120 A320 Family.
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LOT POLISH AIRLINES

Aug 01, 2024
LOT POLISH AIRLINES took delivery of its first (124) of three E195-E2s on lease from Azorra.
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AIRASIA X (AAX)

Aug 01, 2024
AIRASIA X (AAX) submitted listing application and the draft circular to Bursa Malaysia for proposed acquisitions of Capital A’s entire equity interest in AIRASIA AVIATION GROUP and AIRASIA BERHAD (AAB), due for completion in 2024.
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WILLIS LEASE FINANCE

Aug 01, 2024
WILLIS LEASE FINANCE had $42m net income on $151m revenues in 2Q24 vs $13m on $109m in 2Q23, and ended quarter with 344 engines (vs 348 a year ago), 12 aircraft (vs 12) and other leased parts and equipment worth $2.5b.
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DAT

Aug 01, 2024
DAT (Danish Air Transport) purchased two ATR 72-600s off-lease from Nordic Aviation Capital.
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LATAM AIRLINES CHILE

Aug 01, 2024
LATAM AIRLINES CHILE took delivery of new GTF-powered A320neo (12226) on lease from BOC Aviation.
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ASL AIRLINES IRELAND

Aug 01, 2024
ASL AIRLINES IRELAND acquired 737-800BCF (32686; ex-Shenzhen Airlines) from AerCap.
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BRUSSELS AIRLINES

Aug 01, 2024
BRUSSELS AIRLINES finalized first phase of its fleet renewal program by taking delivery of its fifth A320neo (12069).
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HALO AIRFINANCE

Aug 01, 2024
HALO AIRFINANCE (GA Telesis/Tokyo Century) financed an A320-200 (leased to AVION EXPRESS) for AE Industrial Partners.
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ACI EUROPE

Aug 01, 2024
ACI EUROPE reports y-o-y traffic increase at European airports of 9% in 1H24 (+0.4% vs 1H19). International traffic rose 10.3% and domestic 4.2%.
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ONE AIR, UK

Aug 01, 2024
ONE AIR, UK agreed to lease 747-400ERF (32870) from Aerotranscargo to increase its fleet to three.
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LUFTHANSA

Aug 01, 2024
LUFTHANSA reactivated its sixth A380 (149) due to the delays in delivery of additional new long haul aircraft; two more are expected by 2025.
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SIA GROUP

Aug 01, 2024
SIA GROUP had S$452m net profit on S$4.7b revenues for first quarter ended June 30 vs S$734m on S$4.5b a year ago.
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AIRBUS

Aug 01, 2024
AIRBUS completed first flight of first LEAP-powered A321neo (11895) for KLM at Hamburg-Finkenwerder.
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PORTER AIRLINES

Aug 01, 2024
PORTER AIRLINES plans in mid-December to begin Toronto Pearson-San Diego/-Palm Springs, CA (E195-E2).
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IAG

Aug 01, 2024
IAG had €909m net income on €8.3b revenues in 2Q24 vs €1b on €7.7b in 2Q23; it has €13.2b liquidity. It also terminated agreement to acquire remaining 80% of AIR EUROPA due to regulatory restrictions, paying Globalia €50m as a break fee.

Business Aviation

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FLORIDA INSTITUTE OF TECHNOLOGY

Jul 27, 2024
FLORIDA INSTITUTE OF TECHNOLOGY, Melbourne took delivery of four Piper Pilot 100i trainers as part of eight for '24.
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GAMA AVIATION

Jul 30, 2024
GAMA AVIATION (UK) ordered three cargo door-equipped King Air 360Cs for air ambulance services in Scotland for 2025.
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J.P. MORGAN

Jul 30, 2024
J.P. MORGAN is forecasting delivery of 735 business jets in 2024/763 in 2025/780 in 2026/791 in 2027 vs 628 in 2023.
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VOLATO

Jul 30, 2024
VOLATO launched G280 fractional ownership program in US with two aircraft, building on its HondaJet program.
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WEST STAR AVIATION

Jul 30, 2024
WEST STAR AVIATION has developed Falcon 2000 floor plan reconfiguration to increase capacity from eight to 10 pax.
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AEA

Aug 01, 2024
AEA reports global business/general aviation avionics sales were $3.2b ($1.3b retrofits) in 2023, up 11.2% vs 2022.
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GOGO AND DUNCAN AVIATION

Aug 01, 2024
GOGO and DUNCAN AVIATION teamed to pursue FAA STC for Gogo 5G inflight connectivity for Learjet 40/45/70/75.
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SOUTHERN STAR AVIATION

Aug 01, 2024
SOUTHERN STAR AVIATION acquired FUNIAN AVIATION, Shenzhen (aircraft management/charters) from Metrojet Haite.
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SKYSERVICE BUSINESS AVIATION

Aug 01, 2024
SKYSERVICE BUSINESS AVIATION, Canada launched AFRA-accredited aircraft teardown business model.
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SIGNATURE AVIATION

Aug 01, 2024
SIGNATURE AVIATION agreed to purchase DULLES JET CENTER with 197,000 sq ft hangar space at Washington Dulles.

Defense

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AIRBUS HELICOPTERS

Jul 27, 2024
AIRBUS HELICOPTERS was selected by NATO to lead a concept study undeer Next Generation Rotorcraft Capability (NGRC) project to work on design/development of a medium multi-role helicopter. COLLINS and MBDA are partners.
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USAF

Jul 30, 2024
USAF says it has decided to pause Next Generation Air Dominance (NGAD) fighter program to review aircraft design before it commits to single design and supplier (Boeing or Lockheed Martin); other NGAD elements are moving forward.
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DE HAVILLAND CANADA

Aug 01, 2024
DE HAVILLAND CANADA booked orders for 11 DHC-515 firefighting aircraft from GREECE, CROATIA and PORTUGAL.

MRO

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DE HAVILLAND CANADA

Jul 27, 2024
DE HAVILLAND CANADA launched OEM-certified Dash 8-400 refurbishment program that includes option to reengine aircraft with new/refurbished PRATT & WHITNEY CANADA PW150As, which provides up to 30% increased time on wing.
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TURKISH TECHNIC

Jul 27, 2024
TURKISH TECHNIC was selected by Indonesia's Citilink to provide A320 component support.
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ROLLS-ROYCE

Jul 27, 2024
ROLLS-ROYCE was selected by flynas to provide TotalCare services for 15 Trent 7000-powered A330-900s.
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GE AEROSPACE

Jul 27, 2024
GE AEROSPACE was selected by Sierra Nevada to contribute to overhaul/upgrade of GEnx-2Bs for USAF's Survivable Airborne Operations Center (SAOC) 747-8, supporting various activities leading up to aircraft delivery to replace E-4B.
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LUFTHANSA TECHNIK

Jul 30, 2024
LUFTHANSA TECHNIK has Guangxi Beibu Gulf Airlines contract to provide LEAP-1A maintenance, its first in China.
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HAECO

Jul 30, 2024
HAECO extended 747-400ERF base maintenance contract with Cargolux through 2028; work is performed in Xiamen, China.
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MAMMOTH FREIGHTERS

Jul 30, 2024
MAMMOTH FREIGHTERS installed main deck cargo door on 777-200LRF prototype (29742; ex-Delta) at ASPIRE MRO.
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BATAM AERO TECHNIC

Jul 30, 2024
BATAM AERO TECHNIC (Lion Air) was selected by FTAI Aviation and Vortex Aviation to replace CFM56 modules on-site.
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SIA ENGINEERING

Jul 30, 2024
SIA ENGINEERING had S$33.2m net income on S$268.7m revenues in first quarter ended June 30 vs S$27m on S$261.9m a year ago; it completed 18 heavy checks and 171 light checks at Singapore base vs 23 and 173 a year ago.
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EFW

Jul 30, 2024
EFW delivered 15th A330-300P2F to DHL for operation by AIR HONG KONG, it 42nd widebody conversion overall.
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ISRAEL AEROSPACE INDUSTRIES

Jul 30, 2024
ISRAEL AEROSPACE INDUSTRIES says it is studying potential 787 pax-to-freighter conversion program.
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ABLE AEROSPACE SERVICES

Jul 30, 2024
ABLE AEROSPACE SERVICES (Textron Aviation) renewed agreement with Airbus Helicopters to provide component repair and overhaul for AS350, AS365, SA366, H120, H130, H135, H155, BK117, H145 and BO105 out of Mesa, AZ.
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EPCOR (AFI KLM E&M)

Jul 30, 2024
EPCOR (AFI KLM E&M) was licensed by Honeywell to maintain HGT1700 APUs (for A350) at Amsterdam Schiphol-Rijk.
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TEXTRON AVIATION

Jul 30, 2024
TEXTRON AVIATION developed new standard repair process main landing gear for Cessna Citation 560XL series aircraft in collaboration with ABLE AEROSPACE SERVICES, which allows significant repairs without full replacement.
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BOEING GLOBAL SERVICES

Jul 31, 2024
BOEING GLOBAL SERVICES earned $870m on $4.9b revenues (higher commercial volume) in 2Q24 vs $856m on $4.7b in 2Q23.
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VAS AERO SERVICES

Jul 31, 2024
VAS AERO SERVICES agreed to acquire 17 A320 more airframes (now 23) from a US-based operator for part out.
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LUFTHANSA TECHNIK

Jul 31, 2024
LUFTHANSA TECHNIK earned €203m in 2Q24 (vs €156m in 2Q23) on 18% higher revenues; third party revenues rose 19%.
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EPSILON AEROSPACE

Jul 31, 2024
EPSILON AEROSPACE plans to establish MRO facility for composite parts in India in partnership with 4REPAIR, Holland.
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DE HAVILLAND CANADA

Jul 31, 2024
DE HAVILLAND CANADA was certified by Transport Canada for its Dash 8-400 QC conversion program.
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LUFTHANSA TECHNIK

Aug 01, 2024
LUFTHANSA TECHNIK was selected by Austrian to provide total component support for 11 787s through 2032.

Who’sNews

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WHO'SNEWS: NAV CANADA

Jul 30, 2024
Raymond G. Bohn, President and Chief Executive Officer of NAV CANADA, announced retirement (effective October 31); successor is TBA.
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WHO'SNEWS: QUEST GLOBAL

Jul 31, 2024
Peter Koo to Chief Leadership Officer of Quest Global, Schenectady, NY.
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WHO'SNEWS: ORIX AVIATION

Jul 31, 2024
Marie-Louise Kelly to Senior Executive Officer-Legal and Technical of ORIX Aviation, Dublin.
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WHO'SNEWS: ORIX AVIATION

Jul 31, 2024
Yushi Tanaka to Chief Investment Officer and Senior Executive Officer-Acquisitions, Trading, Leasing and Risk Management of ORIX Aviation, Dublin.
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WHO'SNEWS: PLAY

Jul 31, 2024
Andri Geir Eyjolfsson to Chief Operating Officer of PLAY, Iceland; Sigurdur Orn Agustsson to Chief Development Officer.
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WHO'SNEWS: VSE AVIATION

Aug 01, 2024
Mike Rezman to Vice President-MRO of VSE Aviation, FL.
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WHO'SNEWS: PARK AEROSPACE

Aug 01, 2024
John Jamieson to Senior Vice President-Project Management of Park Aerospace, Melville, NY.