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Aerospace

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THE GILL CORPORATION

Aug 12, 2024
THE GILL CORPORATION expanded production of Gillfab 4030 aluminum skin sandwich panels, used in interiors, to accommodate demand.
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AIRBUS

Aug 12, 2024
AIRBUS completed production of its 500th aircraft in Mobile, AL, an A321neo for DELTA AIR LINES; first was completed in 2016. It currently operates two final assembly lines in Mobile for A320 and A220 families; a third is to open in 2025.
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ARCHER

Aug 12, 2024
ARCHER reached agreement in principle with Stellantis on manufacturing relationship to include $400m investment to cover labor costs and capital expenditures at Covington, GA to help scale Midnight production to 650 aircraft per year.
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SURF AIR MOBILITY

Aug 12, 2024
SURF AIR MOBILITY, Los Angeles is proceeding with previously disclosed reverse stock split of 1-for-7 shares.
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PEXCO

Aug 12, 2024
PEXCO, GA acquired PRECISE AEROSPACE MANUFACTURING, CA (injection, compression, transfer molded plastic).
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DUCOMMUN

Aug 12, 2024
DUCOMMUN had $14.6m net income on $388m revenues in 1H24 vs $7.6m on $368.5m in 1H23; Structural Systems sales rose 15%.

GARMIN

Aug 14, 2024
GARMIN announced FAA certification for Runway Occupancy Awareness (ROA) software solution with SURF-IA technology for G1000 Nxi-equipped Cessna Caravan; system uses ADS-B traffic to alert crew of potential runway incursions.

UNICAL AVIATION

Aug 14, 2024
UNICAL AVIATION opened European USM sales and support office in UK.

CAE

Aug 14, 2024
CAE had C$48.3m net income on C$1.07b revenues for first quarter ended June 30 vs C$65.3m on C$1.01b a year ago. Civil Aviation earned C$89.8m on C$588m vs C$105.6m on C$540m and delivered eight FFSs vs six a year ago.

THE WEATHER COMPANY

Aug 14, 2024
THE WEATHER COMPANY, GA was selected by US-based Breeze Airways as partner to provide its Fusion global weather and flight tracking solution.

LOAR HOLDINGS

Aug 14, 2024
LOAR HOLDINGS had $9.9m net income on $189m sales in 1H24 vs $6.9m net loss on $148m in 1H23.

VS AVIATION

Aug 14, 2024
VS AVIATION (Vance Street Capital) has acquired AVIATION PRODUCTS SYSTEMS (APS), IL (wheel/brake components).
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VIBE AEROSPACE

Aug 15, 2024
VIBE AEROSPACE is celebrating 1-year anniversary of startup of its aircraft parts distribution business in Tempe, AZ.
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AVIATION WEEK NETWORK

Aug 15, 2024
AVIATION WEEK NETWORK says nearly 130 737 fuselages are currently stored in Wichita awaiting delivery. SPIRIT AEROSYSTEMS has said its production facilities cycled at a rate of 31 aircraft/month during 2Q24 (27 were delivered), a rate faster than acceptance/delivery due to new product verification process, leading to increase of undelivered units.
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BOOM SUPERSONIC

Aug 15, 2024
BOOM SUPERSONIC says it is now working to operationalize the 179,000 sq ft production floor of its Overture Super-factory in Greensboro, NC; initial assembly line will be able produce 33 aircraft/year (later a second to double capacity).
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HONEYWELL

Aug 15, 2024
HONEYWELL was selected by Air Arabia to supply 131-9A APUs for 120 A320neo Family aircraft in deal that includes maintenance support; units include High Efficiency Mode (HEM) upgrade to improve fuel efficiency/CO2 emissions.
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ARCHER

Aug 15, 2024
ARCHER delivered its first Midnight eVTOL to USAF for evaluation under AFWERX Agility Prime contract valued at $142m.

Air Transport

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SLG WORLDWIDE

Aug 12, 2024
SLG WORLDWIDE leased 767-300BDSF (26991; ex-Condor) from CAM for sublease to EUROAVIA AIRLINES, Cyprus.
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PATTAYA AIRWAYS

Aug 12, 2024
PATTAYA AIRWAYS, Thailand secured AOC for startup with two ATR 72-500Fs leased from ACIA Aero Leasing.
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GP AVIATION

Aug 12, 2024
GP AVIATION, Bulgaria has acquired ex-Copenhagen Airtaxi 737-400 (24644) and now has two 737-400s.
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AIRNESIA ROYAL CARGO

Aug 12, 2024
AIRNESIA ROYAL CARGO, Indonesia acquired ex-Airfast 737-300SF (29333) and now has two 737-300SFs.
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ATSG

Aug 12, 2024
ATSG had $7.4m net income on $488m revenues in 2Q24 vs $38m on $529m in 2Q23; CAM earned $15m on $104.5m vs $31m on $111.4m and says it has 23 aircraft (12 767-300s/five A330s/six A321s) in or awaiting freighter conversions.
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US DOT

Aug 12, 2024
US DOT says US airlines operated 640,137 flights in May, up 4.5% vs May 2023; on-time arrival rate was 72.6%.
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AIR PEACE

Aug 12, 2024
AIR PEACE, Nigeria agreed to wet-lease four 737-800s from AirExplore to compliment its fleet of 12 737-800s.
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JETBLUE

Aug 12, 2024
JETBLUE announced $400m convertible senior notes offering to repay debt. It also announced (with JetBlue Loyalty) a private offering $1.5b in senior secured notes due 2031 and proposed senior secured Term Loan B of $1.25b due 2029.
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VOEPASS LINHAS AÉREAS

Aug 12, 2024
VOEPASS LINHAS AÉREAS lost ATR 72-500 (908; ex-Pelita Air Service) in crash near Vinhedo, SP killing 62 pax/crew.
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AIR BOTSWANA

Aug 12, 2024
AIR BOTSWANA agreed to acquire ex-Flybe E175-E1 (327) from Regional One.
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PRIVILEGE STYLE

Aug 12, 2024
PRIVILEGE STYLE, Spain agreed to acquire ex-Air New Zealand 777-200ER (34377) from Alta Airlines Holdings.
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AEROITALIA

Aug 12, 2024
AEROITALIA acquired ex-FlyEgypt 737-800 (35342) from Sahara Aircraft Leasing.
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JETSKY AIRWAYS

Aug 12, 2024
JETSKY AIRWAYS, Bulgaria leased ex-GP Aviation 737-400 (28832) from Votan Aero.
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AVELO AIR

Aug 12, 2024
AVELO AIR leased ex-Southwest 737-800 (39883) from Aviation Capital Group.
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NATIONAL AIRLINES

Aug 12, 2024
NATIONAL AIRLINES is expected to acquire ex-Avianca A330-200 (1279) with Trent 700s.
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FRONTIER AIRLINES

Aug 12, 2024
FRONTIER AIRLINES deferred delivery of 54 A320neo Family aircraft from 2025-2028 to 2029-2031; it has 198 on order.
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IBOM AIR

Aug 12, 2024
IBOM AIR, Nigeria has acquired ex-Air Senegal A220-300 (55089) and now has two A220s, plus nine on order.
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LONDON HEATHROW

Aug 12, 2024
LONDON HEATHROW handled 7.98m pax in July, up 4.2% vs July 2023.
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FLYDUBAI

Aug 12, 2024
FLYDUBAI has cancelled 4Q24 startup of Dubai-Riga/-Tallinn/-Vilnius due to lack of delivery delays of 737 MAXs.

CANADA JETLINES

Aug 14, 2024
CANADA JETLINES announced resignation of four key executives, including its Chief Executive Officer, while emphasizing the need to secure additional capital to continue operations; Board is actively seeking potential sources.

JFK

Aug 14, 2024
JFK handled 5.8m pax in June, up 4% vs June 2023.

NEWARK LIBERTY

Aug 14, 2024
NEWARK LIBERTY handled 4.3m pax in June, up 2.6% vs June 2023.

NEW YORK LAGUARDIA

Aug 14, 2024
NEW YORK LAGUARDIA handled 2.9m pax in June, up 5.4% vs June 2023.

US DISTRICT COURT

Aug 14, 2024
US DISTRICT COURT dismissed lawsuit under the Clayton Antitrust Act seeking to block merger between ALASKA AIRLINES and HAWAIIAN AIRLINES; deal, to close in mid-2025, still faces regulatory review by US Department of Justice.

FUTURE FLIGHT GLOBAL

Aug 14, 2024
FUTURE FLIGHT GLOBAL signed MOU with Archer Aviation for planned purchase of up to 116 Midnight eVTOL aircraft worth up to $580m to launch air taxi services in several global markets, increasing Archer's indicative orderbook to $6b.

AIR CANADA

Aug 14, 2024
AIR CANADA plans March 31 to begin four-times-weekly Ottawa-London Heathrow (787).

NOVUS AVIATION CAPITAL

Aug 14, 2024
NOVUS AVIATION CAPITAL, Dublin and MANTRA, Hong Kong teamed to accelerate tokenization in aviation financing.

FUYO

Aug 14, 2024
FUYO purchased A321neo (10643; leased to AMERICAN AIRLINES) from Avolon; ALM will manage aircraft.

CHORUS AVIATION

Aug 14, 2024
CHORUS AVIATION had C$181m net loss, inclusive of a previously disclosed C$187m impairment on discontinued operations, on C$351m revenues in 2Q24 vs C$20.3m net profit on C$327m in 2Q23. It generated C$28.2m in free cash flow.

CARGOJET

Aug 14, 2024
CARGOJET had C$7.5m net income on C$462m in 1H24 vs $61.7m on C$442m in 1H23; block hours increased 10.8%.

CARGOJET

Aug 14, 2024
CARGOJET purchased two 767-300ERs (29383; ex-Condor/29617; ex-TUI) from CAM for conversion to cargo by IAI.

VOLOTEA

Aug 14, 2024
VOLOTEA and ABRA GROUP (GOL/Avianca) cancelled joint venture agreement for travel between Europe and Americas.

PORTER AIRLINES

Aug 14, 2024
PORTER AIRLINES plans October 16 to begin thrice-weekly Toronto Pearson-Thunder Bay (E195-E2).

AZMAN AIR

Aug 14, 2024
AZMAN AIR, Nigeria suspended operations due to high maintenance/operating costs; it has one A340/seven 737s.

WESTJET

Aug 14, 2024
WESTJET announced that 16 aircraft suffered damage from August 5 hailstorm in Calgary, resulting in multiple proactive cancellations; it has determined sourcing required equipment/materials and completing repairs will take several weeks.

AVIATION CAPITAL GROUP

Aug 14, 2024
AVIATION CAPITAL GROUP had $5.4m net income on $280m revenues in 2Q24 vs $30.6m on $296m in 2Q23; it has owned/managed/committed fleet of 483 aircraft and expects to take seven aircraft (three MAXs/four A320s) in 2H24.
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EL AL ISRAEL AIRLINES

Aug 15, 2024
EL AL ISRAEL AIRLINES ordered 20 737 MAXs, and optioned 11, for delivery in 2028-2032 for replacement/growth.
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AIR ASTANA

Aug 15, 2024
AIR ASTANA plans October 28 to begin twice-weekly Almaty-Phu Quoc, Vietnam (A321LR).
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FALKO REGIONAL AIRCRAFT

Aug 15, 2024
FALKO REGIONAL AIRCRAFT completed transactions for 22 aircraft in 2Q24 vs 20 in 2Q23. It has 260 aircraft.
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BOC AVIATION

Aug 15, 2024
BOC AVIATION had US$460m net profit on US$1.17b revenues in 1H24 vs US$262m on US$1.06b in 1H23. It ended the quarter with owned/managed/committed fleet of 680 aircraft (99% aircraft utilization) and US$5.5b liquidity.
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AVIANCA

Aug 15, 2024
AVIANCA agreed to lease three new A320neos with LEAPs from Macquarie AirFinance; first (12169) was delivered.
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US DOT

Aug 15, 2024
US DOT reports US airlines carried 87.1m pax (75.8m domestic/11.3m international) in May, up 4.9% vs May 2023.

Business Aviation

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PIPER AIRCRAFT

Aug 12, 2024
PIPER AIRCRAFT announced its M700 FURY received FAA certification for unpaved field operations.
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PORTSIDE

Aug 15, 2024
PORTSIDE acquired LEASEWORKS to extend its suite of cloud-based software solutions for business aviation operators.
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GULFSTREAM AEROSPACE

Aug 15, 2024
GULFSTREAM AEROSPACE made first flight of G400 with PW812GAs (using SAF blend), launching flight test program.

Defense

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NEW ZEALAND

Aug 12, 2024
NEW ZEALAND took delivery of its first C-130J-30 as part of order for five through FMS with USAF.
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BOEING

Aug 12, 2024
BOEING has $2.56b USAF contract for two rapid prototype E-7A AEW&C Wedgetails (737-700s); deal includes lifecycle development, training, and support. It is currently producing three E-7As for RAF and aircraft has been selected by NATO.

MRO

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GAMECO

Aug 12, 2024
GAMECO began 12Y-Check on an A380 for Emirates at Guangzhou, marking the first-ever outsourced 12-year check of an A380 by the airline.
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STRATTON AVIATION

Aug 12, 2024
STRATTON AVIATION is parting out ex-Equair 737-700 (35277) at Brunswick, ME; it is accredited by AFRA.
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URAL AIRLINES

Aug 12, 2024
URAL AIRLINES is parting out A320-200 (2166) after determining aircraft unworthy due to forced landing in 3Q23.
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SWISS-AS

Aug 12, 2024
SWISS-AS was selected by airBaltic to provide AMOS MRO software.
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IAI

Aug 12, 2024
IAI was selected by Emirates to convert 10 777-300ERs to freighters from 2025; work will be done by ETIHAD ENGINEERING.
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WOODWARD

Aug 12, 2024
WOODWARD has 5-year Lufthansa Technik contract to provide MRO services for its engine components at Rockford/Prestwick.

ST ENGINEERING

Aug 14, 2024
ST ENGINEERING had S$336.5m net profit on S$5.5b revenues in 1H24 vs S$280.6m on S$4.9b in 1H23, and ended June with record backlog of S$27.9b (S$4.9b to be delivered in 2H24); y-o-y Commercial Aerospace revenues rose 20%.
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WEB MANUALS

Aug 15, 2024
WEB MANUALS, Sweden was selected by Chile's SKY Airline to streamline publishing and distribution of its MRO manuals and documents.

Who’sNews

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WHO'SNEWS: HAECO AMERICAS

Aug 12, 2024
Todd Navin to President-MRO Services of HAECO Americas, NC; Bill Collins is retiring in January 2025.
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WHO'SNEWS: HAECO HONG KONG

Aug 12, 2024
Peter Murton to Chief Executive Officer of HAECO Hong Kong; Derek Hui was named Executive General Manager-Operations.
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WHO'SNEWS: HAECO GROUP

Aug 12, 2024
Ben Scheidel to Group Director-Airframe Services of HAECO Group, Hong Kong.
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WHO'SNEWS: DELTA AIR LINES

Aug 12, 2024
Patrick Agahigian to Manager-Fleet Transactions of Delta Air Lines.
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WHO'SNEWS: EATON

Aug 12, 2024
Paulo Ruiz to President and Chief Operating Officer of Eaton, Ireland; he will be assume position of CEO in June 2025 to succeed Craig Arnold.

WHO'SNEWS: LUFTHANSA TECHNIK

Aug 14, 2024
Derrick Siebert to Vice President of Operations-Engine Services of Lufthansa Technik, Germany.

WHO'SNEWS: LUFTHANSA TECHNIK COMPONENT SERVICES

Aug 14, 2024
Berit Plewinsky to Vice President-Commercials of Lufthansa Technik Component Services.

WHO'SNEWS: LUFTHANSA TECHNIK COMPONENT SERVICES

Aug 14, 2024
Thomas Illner to Managing Director and Head of Region Americas of Lufthansa Technik Component Services.

WHO'SNEWS: LUFTHANSA TECHNIK

Aug 14, 2024
Fabian Nagel to Vice President of Sales-VIP & Special Aircraft Services of Lufthansa Technik, Germany.

WHO'SNEWS: LUFTHANSA TECHNIK

Aug 14, 2024
Jens Michel to Vice President of Sales-North East Asia, based in Hong Kong, of Lufthansa Technik.

WHO'SNEWS: LUFTHANSA TECHNIK

Aug 14, 2024
Michael Kirstein to Vice President-Transformation Office of Lufthansa Technik, Germany.

WHO'SNEWS: LUFTHANSA TECHNIK COMPONENT SERVICES

Aug 14, 2024
Tim-Oliver Fedeler to Managing Director of Lufthansa Technik Component Services Asia Pacific, Hong Kong.

WHO'SNEWS: LUFTHANSA TECHNIK

Aug 14, 2024
Dr. Georg Fanta to Vice President of Commercials-Engine Services of Lufthansa Technik, Germany.

WHO'SNEWS: LUFTHANSA TECHNIK INTERCOAT

Aug 14, 2024
Dr. Alexander Sixt to Managing Director of Lufthansa Technik Intercoat, Kaltenkirchen, Germany.
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WHO'SNEWS: SMARTLYNX AIRLINES

Aug 15, 2024
Harris Manolopoulos to Director of Fleet of SmartLynx Airlines.
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WHO'SNEWS: METROJET ENGINEERING

Aug 15, 2024
Rudgen Guzman to Deputy General Manager of Metrojet Engineering (Clark), Philippines.