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Aerospace

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YAKOVLEV

Aug 23, 2024
YAKOVLEV is pushing back first flight of PD-8-powered, import-free SJ-100 to 2025 due to engine issues.
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FLYHT AEROSPACE SOLUTIONS

Aug 23, 2024
FLYHT AEROSPACE SOLUTIONS, Canada announced restructuring, focusing on sales/production and impacting 20% of workforce, to save C$1.75/year.
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MAGNIX

Aug 23, 2024
MAGNIX, WA unveiled Dash 7 demonstrator aircraft, provided by Air Tindi, to be retrofitted with electric powertrains under NASA EPFD program, which calls for replacing one engine for flight tests in 2026, followed by a second engine.

IAM DISTRICT 751

Aug 26, 2024
IAM DISTRICT 751 says it has drafted and proposed new safety and quality framework for BOEING, as part of current contract negotiations, that will provide union involvement and input into company's Quality Management System, ensuring it has a seat at the table when critical decisions are made about quality, safety, and new product developments.

ALDERMAN & COMPANY

Aug 26, 2024
ALDERMAN & COMPANY published survey that found industry believes Boeing's cut in production is having a substantial negative impact on valuations of its suppliers, offset by those suppliers gaining pricing power and aftermarket demand.

AVIATIONMANUALS

Aug 26, 2024
AVIATIONMANUALS, Washington, DC was rebranded as NIMBL.

ADVANCED AIRCREW ACADEMY

Aug 26, 2024
ADVANCED AIRCREW ACADEMY secured strategic growth investment from HARBOUR GROVE, whose partners will assume leadership as co-CEOs.

BOOM

Aug 26, 2024
BOOM completed second flight of its XB-1 test aircraft (retracted/extended landing gear for first time and successfully demonstrated a new digital stability augmentation system) at Mojave; supersonic flight is scheduled by end of 2024.

AIRBUS

Aug 26, 2024
AIRBUS rolled out first A321XLR (11520) for AMERICAN AIRLINES, which has ordered 50.

ATR

Aug 26, 2024
ATR delivered its 1,700th aircraft, an ATR 72-600 to AIR CORSICA, completing its transition from -500s to -600s.
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LOAR

Aug 27, 2024
LOAR completed acquisition of APPLIED AVIONICS, TX (avionics interface solutions) for $385m (SPNWS; July 26).
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BOEING

Aug 27, 2024
BOEING forecasts (in 2024 CMO) delivery in China of 8,830 aircraft, including 1,575 widebodies, over the next 20 years, increasing fleet to 9,740 aircraft by 2043 to satisfy 5.9% annual pax traffic growth; services market is valued at $780b.
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HEICO FLIGHT SUPPORT

Aug 27, 2024
HEICO FLIGHT SUPPORT earned $154m on $682m sales for third quarter ended July 31 vs $89m on $405m a year ago, its 16th consecutive quarter of sales growth; it posted 17% y-o-y organic net sales growth for its replacement parts line.
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COGNIZANT

Aug 27, 2024
COGNIZANT, NJ has acquired BELCAN, OH (ER&D services; 6,500 engineers) for $1.3b in cash and stock.
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PERFORMANCE REVIEW INSTITUTE (PRI) and MEXICAN FEDERATION OF AEROSPACE INDUSTRY (FEMIA)

Aug 28, 2024
PERFORMANCE REVIEW INSTITUTE (PRI) and MEXICAN FEDERATION OF AEROSPACE INDUSTRY (FEMIA) signed MOU to advance the aerospace, aviation and defense sectors in Mexico via accreditation.
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COLLINS AEROSPACE

Aug 28, 2024
COLLINS AEROSPACE broke ground on 70,000 sq ft expansion at its carbon brake production facility in Spokane, WA.
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IATA

Aug 28, 2024
IATA says aviation industry has signed 88 sustainable aviation fuel (SAF) offtake agreements (65 binding/23 non-binding) over past two years.
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DIEHL AVIATION

Aug 28, 2024
DIEHL AVIATION laid cornerstone on 8,200 sq meter manufacturing facility in Querétaro, Mexico for mid-2025 (SPNWS; May 31); it plans to produce A220 overhead bins at facility, to grow to 13,000 sq meters after second phase.
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AVIATION WEEK NETWORK

Aug 30, 2024
AVIATION WEEK NETWORK is reporting BOEING found damage to thrust link assembly on a fourth 777-9 test aircraft (now all four), which last flew in Nov 2021; links transfer vertical/lateral mechanical stresses between engine and aircraft.
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EMBRAER

Aug 30, 2024
EMBRAER marked its 35th anniversary as a publicly traded company, following company's 55th anniversary that was celebrated on Aug 19. It used event to outline growth plans that could include >100 annual commercial aircraft deliveries by 2026 and increase in business jet deliveries to 160-170 per year; services are to continue to grow at double digits.

Air Transport

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FRONTIER AIRLINES

Aug 23, 2024
FRONTIER AIRLINES agreed to sell 15 new A320neos with GTFs to BOC Aviation for leaseback from 2025/2026.
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CONSTANTA AIRLINES

Aug 23, 2024
CONSTANTA AIRLINES, Ukraine leased ex-Gryphon Air Cargo 737-300SF (29326) from World Star Aviation.
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CALC

Aug 23, 2024
CALC had HK$185.6m net income on HK$2.5b revenues in 1H24 vs HK$306.9m on HK$2.3b in 1H23. It ended quarter with 199 aircraft (172 owned/27 managed) with 129 (102 Airbus/27 COMAC) on order; 68% of owned fleet is in China.
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CHAM WINGS AIRLINES

Aug 23, 2024
CHAM WINGS AIRLINES, Syria acquired ex-Magic Air A320-200 (2600) with V2500s; aircraft had been parked at Minsk.

VIRGIN AUSTRALIA and AIR NEW ZEALAND

Aug 26, 2024
VIRGIN AUSTRALIA and AIR NEW ZEALAND secured govt authorization for new trans-Tasman codeshare agreement.

AIRSIAL

Aug 26, 2024
AIRSIAL, Pakistan agreed to lease two A320-200s (TBA) from BOC Aviation from 1H25, increasing its fleet to seven.

AVELO AIR

Aug 26, 2024
AVELO AIR leased ex-GOL 737-700 (34295) from BBAM and ex-Aerolineas Argentinas 737-800 (36886) from FTAI.

NATIONAL JET EXPRESS (NJE)

Aug 26, 2024
NATIONAL JET EXPRESS (NJE), Australia leased ex-Flybe Dash 8-400 (4323) from Avmax Aircraft Leasing.

GULF AIR

Aug 26, 2024
GULF AIR received EASA certification to perform A320 and 787 base maintenance out of Bahrain International Airport.

FLIGHT DATA SYSTEMS

Aug 26, 2024
FLIGHT DATA SYSTEMS, TX was selected by SmartLynx Airlines to provide CVR and FDR readout solutions to expedite aircraft maintenance procedures.

SKYWEST AIRLINES

Aug 26, 2024
SKYWEST AIRLINES (Delta Connection) plans February 27 to begin twice-daily Austin, TX-New Orleans (E175).

FLAIR AIRLINES

Aug 26, 2024
FLAIR AIRLINES, Canada is introducing $1 base fares on different routes across its network throughout the year.

AERO

Aug 26, 2024
AERO plans September 20 to begin weekly Van Nuys-Napa Valley, CA (ERJ135).
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AIRBALTIC

Aug 27, 2024
AIRBALTIC plans in 4Q24 to take delivery of its second CAE-built A220 simulator to provide additional 5,500-6,000 hours of training per year.
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SAS

Aug 27, 2024
SAS reached agreement with Norwegian cabin crew unions on new collective bargaining agreements, ending 4-day strike. It says it can now put its full focus on finalizing its restructuring to build and grow a profitable airline.
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ALHIND AIR

Aug 27, 2024
ALHIND AIR, India plans startup by end of 2024 of domestic services out of Kochi with three ATR 72s (TBA).
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SWIFTAIR

Aug 27, 2024
SWIFTAIR, Spain took delivery of its fifth DHL-owned 737-800BDSF (30073; ex-Blue Panorama) for CMI operations.
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STARLUX AIRLINES

Aug 27, 2024
STARLUX AIRLINES plans December 2 to begin four-times-weekly Taichung-Okinawa, Japan (A321).
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MANASIK AVIATION

Aug 27, 2024
MANASIK AVIATION, Saudi Arabia acquired ex-Kam Air A340-300 (668) with CFM56s. It also operates an A330-200.
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NG EAGLE

Aug 27, 2024
NG EAGLE, Nigeria agreed to acquire ex-Dana Air 737-300 (27721); aircraft was originally delivered to Southwest.
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FUYO

Aug 27, 2024
FUYO purchased A321neo (10729; leased to VIVA AEROBUS) with GTFs from Aircastle; ALM will manage aircraft.
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AIRLINK

Aug 27, 2024
AIRLINK, South Africa agreed to lease ex-Alitalia E175 (343) from Falko Regional Aircraft.
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AEROMEXICO

Aug 27, 2024
AEROMEXICO plans December 19 to restart Cancun-Miami (737-8).
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KOALA AIRLINES

Aug 27, 2024
KOALA AIRLINES, Australia is seeking to add 737-8s to its AOC to launch domestic LCC services with 737-8s.
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KLM

Aug 28, 2024
KLM took delivery of its first (11895) of 29 LEAP-powered A321neos; three more are due for delivery by end of 2024.
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FRONTIER AIRLINES

Aug 28, 2024
FRONTIER AIRLINES plans October 11 to begin three-times-weekly Austin-Atlanta (A320).
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SAS

Aug 28, 2024
SAS completed restructuring proceedings and emerged from Chapter 11 in US and from reorganization in Sweden, concluding with US$1.2b investment from Castlelake, Air France-KLM and Lind Invest, together with the Danish state.
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DAE

Aug 28, 2024
DAE agreed to acquire 23 aircraft (21 narrowbodies) from multiple parties for US$1.1b; portfolio has weighted average age of 3.4 years, a weighted average lease term remaining of 8.8 years and is on lease to 13 airlines in nine countries.
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RYANAIR

Aug 28, 2024
RYANAIR says it is expecting MAX deliveries to slip further, which could result in taking just 20-25 ahead of summer 2025 vs 29 scheduled. It received only five in July and now projects delivery of five in August vs 10 that were due.
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SKYTEAM

Aug 28, 2024
SKYTEAM announced that Czech Airlines is leaving alliance in 4Q24.
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AAPA

Aug 28, 2024
AAPA members carried 31.9m pax in July, up 22.6% vs July 2023; capacity rose 21.2%. Cargo increased 12.3%.
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AIRASIA X

Aug 28, 2024
AIRASIA X had RM4.8m net profit in 2Q24, is eighth consecutive profitable quarter, on 30% higher revenues on the back of 42% increase in enplanements; it is now operating 16 of its 18 A330s, with final two due to enter service by end '24.
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WORLD CARGO AIRLINES

Aug 28, 2024
WORLD CARGO AIRLINES, Malaysia is expected to lease two ex-Raindo 737-800BCFs (32685/32690) from AerCap.
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LAX

Aug 28, 2024
LAX handled 7.3m pax in July, up 0.1% vs July '23; movements rose 0.4%.
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AMERGIN ASSET MANAGEMENT

Aug 28, 2024
AMERGIN ASSET MANAGEMENT purchased A330-300 (1437; leased to IBERIA) with CF6-80E1s from Aergo Capital.
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ENTROL

Aug 28, 2024
ENTROL, Spain launched enhanced firefighting virtual training capabilities for its EASA- and FAA-certified FNPT, FTD and FFS flight simulators.
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ALLIANCE AIRLINES

Aug 28, 2024
ALLIANCE AIRLINES purchased/took delivery of ex-JetBlue E190 (629) from AerCap under deal for 30, whereby several may be disassembled, with engines and other componentry retained to support balance of its fleet. (SPNWS; March 3).
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IATA

Aug 30, 2024
IATA reports year-over-year global pax traffic was up 8% in July on 7.4% higher capacity; cargo rose 13.6%.
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CHINA SOUTHERN AIRLINES and AIR CHINA

Aug 30, 2024
CHINA SOUTHERN AIRLINES and AIR CHINA each took delivery of their first C919s (018/019) in a combined ceremony, expanding fleet to include all three state-owned airlines (China Eastern; operates seven). COMAC said earlier this year that it plans to deliver 30 aircraft in 2024 (unlikely to meet target), 54 in 2025, 84 in 2026, 110 in 2027 and 126 in 2028.
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CONDOR

Aug 30, 2024
CONDOR took delivery of third new GTF-powered A321neo (11986) on lease from ACG as part of deal for four.
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AIRBALTIC

Aug 30, 2024
AIRBALTIC inaugurated its A220-300 Technical Academy at Rig/Liepaja.
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QANTAS GROUP

Aug 30, 2024
QANTAS GROUP had A$1.25b net profit on A$21.9b revenues in FY24 vs A$1.74b on A$19.8b in FY23; Domestic earned A$1.1b vs A$1.3b and International earned A$556m vs A$906m. It expects to take delivery of 20 aircraft in FY25, including first two of 28 A321XLRs for Qantas, five A220s for QantasLink and 13 A320neo Family aircraft for Jetstar.
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AIR NEW ZEALAND

Aug 30, 2024
AIR NEW ZEALAND had NZ$146m net profit on NZ$6.8b revenues in FY24 vs NZ$412 on NZ$6.3b in FY23; it adjusted 787 delivery schedule (stretching it out to FY29) to now take two in FY26; three in FY27; one in FY28; and two in FY29.
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COSTA RICA GREEN AIRWAYS

Aug 30, 2024
COSTA RICA GREEN AIRWAYS leased ex-CarmonAir Charter Grand Caravan 208B EX (5225) from MONTE, UK.
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GERMAN AIRWAYS

Aug 30, 2024
GERMAN AIRWAYS agreed to extend leases for its eight E190s from Azorra; deal includes future fleet modernization.
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PEACH

Aug 30, 2024
PEACH plans December 4 to begin Osaka Kansai-Singapore (A321LR).
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PLAY

Aug 30, 2024
PLAY plans to begin Reykjavik-Faro, Portugal on April 12 and -Aalborg, Denmark on June 7 (A320neo).
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UNIVERSAL SKY CHARTER

Aug 30, 2024
UNIVERSAL SKY CHARTER (USC), Germany has acquired ex-South African Airways A340-600 (557; parked at Frankfurt).
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777 PARTNERS

Aug 30, 2024
777 PARTNERS has reportedly reduced its stake in FLAIR AIRLINES from 25% to 10%, no longer holding seats on Board.
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OMNI AIR INTERNATIONAL

Aug 30, 2024
OMNI AIR INTERNATIONAL signed long-term charter agreement with NFL franchise New England Patriots to operate team's two 767-300s (25193/25194) for team travel and other charter flights including humanitarian/goodwill missions.
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7AIR CARGO

Aug 30, 2024
7AIR CARGO (Xtreme Aviation), FL agreed to lease 737-800BCF (33471; ex-Shanghai) from Spectre Air Capital.
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AURIGNY AIR SERVICES

Aug 30, 2024
AURIGNY AIR SERVICES wet-leased ATR 72-500 (763) from Swiftair in interim to taking delivery of -600 (1151).
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AIR BELGIUM

Aug 30, 2024
AIR BELGIUM has asked creditors to vote on its reorganization plan by September 4, exiting the judicial process.
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AEROVISTA

Aug 30, 2024
AEROVISTA sold A320-200 (3461) with CFM56s to GA Telesis for leaseback; aircraft is operated by FLY2SKY, Bulgaria.
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UNITED AIRLINES

Aug 30, 2024
UNITED AIRLINES sold new 737-9 (43520) to ACG for leaseback under newly announced multi-aircraft transaction.

Business Aviation

GOGO BUSINESS AVIATION and SKYSERVICE

Aug 26, 2024
GOGO BUSINESS AVIATION and SKYSERVICE teamed to develop STCs from Transport Canada and FAA to install Gogo 5G on six aircraft types: G280; Legacy 450/500; Citation CJ3/3+; Challenger 300/350; Challenger 604/605; Citation X.
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PILATUS

Aug 27, 2024
PILATUS plans to build 71,000 sq ft factory-owned, PC-12/PC-24 sales and service center at Sarasota Bradenton, FL for mid-2026; growth plans include final assembly for aircraft delivering to North and South American customers.
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GARMIN

Aug 28, 2024
GARMIN was selected by Dassault Falcon Jet as partner to supply GI 275 stand-by system (provides increased safety, situational awareness, and new capabilities) for EASy flight deck for Falcon 7X/8X, Falcon 900EX and Falcon 2000EX.
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GLOBAL JET CAPITAL

Aug 28, 2024
GLOBAL JET CAPITAL reports y-o-y business jet flight operations dropped 2% in 2Q24, but 6% above 1Q24 levels.
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PIPER

Aug 28, 2024
PIPER received type certification for M700 FURY from Transport Canada; first delivery into Canada is planned in 3Q24.
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BUTLER NATIONAL

Aug 28, 2024
BUTLER NATIONAL has FAA STC to install Garmin G700TXi Flight Display System on Learjet 35/36 Series aircraft.
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WEST STAR AVIAITON

Aug 28, 2024
WEST STAR AVIATION opened new $20m, 75,700 sq ft hangar facility at St. Louis Regional Airport to increase capacity, expand interior, avionics, and sheet metal services, and add production technologies and new design center.
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JETVIA

Aug 30, 2024
JETVIA (formerly ATI Jet), TX has launched Learjet 60 fractional ownership program.
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BLUETAIL

Aug 30, 2024
BLUETAIL, AZ was selected by FlyHouse, CA to provide digital aircraft records platform for sharing with MROs.

Defense

URUGUAYAN AIR FORCE

Aug 26, 2024
URUGUAYAN AIR FORCE ordered one A-29 Super Tucano, and optioned five, for delivery in 2025.
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MILITARY FASTENERS

Aug 28, 2024
MILITARY FASTENERS, FL secured equity investment from MONTAGE PARTNERS, AZ to expand on its leadership in eCommerce sales
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LOCKHEED MARTIN

Aug 30, 2024
LOCKHEED MARTIN rolled out first F-35A Lightning II for POLAND, which has ordered 32; first delivery is 2026.
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TRU SIMULATION + TRAINING

Aug 30, 2024
TRU SIMULATION + TRAINING delivered Beechcraft T-6C Texan II Operational Flight Trainer (OFT) to Tunisian Air Force.

MRO

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LUFTHANSA TECHNIK

Aug 23, 2024
LUFTHANSA TECHNIK was selected by EVA Air to modify its nine 777Fs with AeroSHARK drag-reducing riblet film.

QUALITY AIRCRAFT ACCESSORIES

Aug 26, 2024
QUALITY AIRCRAFT ACCESSORIES (Hartzell Aviation) was certified by EASA to repair general aviation accessories, principally magnetos/exhaust systems, at Fort Lauderdale Executive. It also distributes GA products from several OEMs.
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MITSUBISHI HEAVY INDUSTRIES and JAPAN AIRLINES

Aug 27, 2024
MITSUBISHI HEAVY INDUSTRIES and JAPAN AIRLINES (through JAL ENGINEERING) signed MOU to explore collaboration in the aircraft aftermarket business, including repairs, maintenance, parts supply, and refurbishment.
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EXECUJET HAITE

Aug 27, 2024
EXECUJET HAITE opened 7,150 sq meter MRO facility at Beijing Daxing to handle eight business jets simultaneously.
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STANDARDAERO

Aug 27, 2024
STANDARDAERO purchased Northern California's AERO TURBINE (military engine MRO) from Gallant Capital Partners.
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ONEX PARTNERS OPPORTUNITIES FUND

Aug 30, 2024
ONEX PARTNERS OPPORTUNITIES FUND agreed to acquire UK-based FARSOUND AVIATION (supply chain solutions for engine MROs) from AGIC Capital as part of management buyout; deal (terms not disclosed) is to close in late 2024.
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AERFIN

Aug 30, 2024
AERFIN, UK upgraded its Part 145 certification for Engine MRO Lite maintenance services for CFM56s to include changes for LPT module, No.4 and No.5 bearings, and expanded coverage of fan, booster, and top case activities.

Who’sNews

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WHO'SNEWS: FLYHT AEROSPACE SOLUTIONS

Aug 23, 2024
Darrel Deane to Chief Revenue Officer of FLYHT Aerospace Solutions, Calgary; Gurjot Bhullar to Chief Operating Officer.

WHO'SNEWS: ADVANCED AIRCREW ACADEMY

Aug 26, 2024
Alvin Wong and Jordan Huibers to Co-CEOs of Advanced Aircrew Academy, SC; Dan Boedigheimer was named Chief Safety Officer .

WHO'SNEWS: REGIONAL AIRLINE ASSOCIATION

Aug 26, 2024
Erik Strickland to Vice President-Safety, Operations, and Regulatory Affairs of the Regional Airline Association, Washington, DC.

WHO'SNEWS: SAUDIA TECHNIC

Aug 26, 2024
Eng. Abdulkhaliq Saeed to Chief Executive Officer of Saudia Technic, Jeddah.
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WHO'SNEWS: STELLAR SOLUTIONS

Aug 27, 2024
Hope DiGiusto to Vice President-Commercial of Stellar Solutions, CA.
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WHO'SNEWS: CUTTER AVIATION

Aug 27, 2024
Joseph Behling to FBO General Manager-Phoenix Sky Harbor of Cutter Aviation.
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WHO'SNEWS: ASQS

Aug 28, 2024
Florian Lis-Srajer to Head of Operations-Thailand, based in Bangkok, of ASQS.
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WHO'SNEWS: TRUEAERO

Aug 28, 2024
Andrew Lawrence to Chief Commercial Officer of TrueAero, TX.
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WHO'SNEWS: IAT LEASING

Aug 28, 2024
Christine Davin to Head of Risk and Operations of IAT Leasing, Ireland.
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WHO'SNEWS: ELECTRA

Aug 30, 2024
B. Marc Allen to Chief Executive Officer of Electra, Manassas, VA.
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WHO'SNEWS: CHINA AIRCRAFT SERVICES

Aug 30, 2024
Norbert Marx to Chief Executive Officer of China Aircraft Services (CASL), Hong Kong.