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Aerospace

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TAT TECHNOLOGIES

Sep 03, 2024
TAT TECHNOLOGIES proposed private placement of 673,340 shares to Israeli Institutional/accredited investors at $15.03 ea for 6.2% of company.
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LUFTHANSA TECHNIK

Sep 03, 2024
LUFTHANSA TECHNIK was selected by All Nippon Airways to supply AeroSHARK drag-reducing riblet film, developed in partnership with BASF, for its 777s (cargo and pax); first 777F entered service with pax aircraft starting in 2025.
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ATI

Sep 03, 2024
ATI has Board approval for multi-year, $700m share repurchase program.
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AEROSPACE COMPOSITES MALAYSIA

Sep 03, 2024
AEROSPACE COMPOSITES MALAYSIA was relaunched as BOEING COMPOSITES MALAYSIA following acquisition from joint venture partner Hexcel in 4Q23; facility provides composite products/subassemblies for all Boeing aircraft.
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SAFRAN

Sep 03, 2024
SAFRAN acquired Paris-based PRELIGENS (AI analytics solutions) for €220m; company will be renamed SAFRAN.AI.
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C&L AEROSPACE

Sep 03, 2024
C&L AEROSPACE was retained by Ernst & Young to market/sell Rex-owned 737NG spares inventory (5,000 line items).
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ARCHER

Sep 03, 2024
ARCHER completed its 402nd eVTOL test flight this year, surpassing 2024 goal of 400, four months ahead of schedule.
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HEART AEROSPACE

Sep 05, 2024
HEART AEROSPACE formed partnership with Glasgow-based LOGANAIR to collaborate on developing hybrid-electric aviation in UK around the 30-pax ES-30 with fully electric range of 200 km and an extended hybrid range of 400 km.
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COMPLY365

Sep 05, 2024
COMPLY365 acquired QUALTERO, Israel (training management solutions).
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JAIVEL AEROSPACE

Sep 06, 2024
JAIVEL AEROSPACE, UK was selected to update/develop design and manufacturing standards for the 40-seat D328eco.
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AERODYNAMIC ADVISORY

Sep 06, 2024
AERODYNAMIC ADVISORY is suggesting that Boeing phase-out BOEING GLOBAL SERVICES to help satisfy need to exit noncore businesses, improve its deteriorating balance sheet and increase its responsiveness and accountability.
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BYE AEROSPACE

Sep 06, 2024
BYE AEROSPACE, CO began building the first all-electric eFlyer 2 trainer.
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THALES

Sep 06, 2024
THALES is leading group of 10 companies/organizations in DECOR project to demonstrate digital solutions to facilitate ground/air collaboration to reduce environmental impact of flight operations without compromising safety.
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JETZERO

Sep 06, 2024
JETZERO, CA secured easyJet as partner (and member of its Airline Working Group) to share its knowledge of hydrogen propulsion systems in development of a low-emission blended-wing body (BWB) aircraft for 2030.
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ONTIC

Sep 06, 2024
ONTIC secured equity injection from CVC CAPITAL PARTNERS and new investors to fund enhanced customer support teams, dedicated repair capabilities, supply chain/sustainment engineering resources, and data analytics for growth.
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MERLIN

Sep 06, 2024
MERLIN, MA began flight testing certification-ready Cessna Caravan with the Merlin Pilot automatic flight control system, comprising glass cockpit with advanced avionics, new sensors, autopilot, and automated communication system.
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EASA

Sep 06, 2024
EASA plans to release an emergency AD requiring A350 operators to perform 1-time inspections of their aircraft in response to problematic Trent XWB fuel lines found by CATHAY PACIFIC on 15 aircraft.

Air Transport

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US DOT

Sep 03, 2024
US DOT says US airlines operated 643,484 flights in June, up 7.1% vs June 2023; on-time arrival rate was 74.3%.
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CATHAY PACIFIC

Sep 03, 2024
CATHAY PACIFIC has agreed to buy back all warrants issued to Hong Kong SAR Government (as part of HK$39b recapitalization in 2020) for minimum of HK$1.5b. It previously repurchased all remaining preference shares.
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SAS

Sep 03, 2024
SAS officially joined the SkyTeam global airline alliance (SPNWS; May 3).
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NAC

Sep 03, 2024
NAC closed 5-year, $382m loan to refinance 21 aircraft from Wells Fargo (as structuring agent), RBC and KeyBank.
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AVILEASE

Sep 03, 2024
AVILEASE has raised 5-year, $2.5b unsecured term facility ($1.7b conventional/$0.77b Sharia’ah Compliant) to refinance a bridge facility raised in 2023 when acquiring the Standard Chartered's aircraft leasing platform. It has 180 aircraft.
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IBERIA

Sep 03, 2024
IBERIA leased ex-Virgin Australia A330-200 (1319) with Trent 700s for operation for LEVEL; Stratos arranged.
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AIR ARABIA

Sep 03, 2024
AIR ARABIA plans December 20 to begin Sharjah-Warsaw, Poland (A320).
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CENTRUM AIR

Sep 03, 2024
CENTRUM AIR, Uzbekistan acquired new LEAP-powered A321neo (11996) for operation by MY FREIGHTER (SPNWS; Aug 2).
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GE AEROSPACE

Sep 03, 2024
GE AEROSPACE was selected by Air Premia to provide Fuel Insight, Safety Insight and FlightPulse software to reduce emissions and improve safety.
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AIR SERBIA

Sep 03, 2024
AIR SERBIA plans April 1 to begin Belgrade-Shanghai Pu Dong (A330-200).
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JFK

Sep 03, 2024
JFK handled 6.2m pax in July, up 5.1% vs July 2023.
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NEWARK LIBERTY

Sep 03, 2024
NEWARK LIBERTY handled 4.5m pax in July, up 2.5% vs July 2023.
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NEW YORK LAGUARDIA

Sep 03, 2024
NEW YORK LAGUARDIA handled 3m pax in July, up 9.1% vs July 2023.
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VOLOTEA

Sep 03, 2024
VOLOTEA, Spain secured €25m investment from AEGEAN as part of overall capital increase of €50m through a profit participating loan which will be convertible into shares; second tranche of €25m could result in 13% stake for AEGEAN.
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DANISH AIR TRANSPORT

Sep 03, 2024
DANISH AIR TRANSPORT purchased two ATR 72-600s (1519/1527) off-lease from Avation.
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DANISH AIR TRANSPORT

Sep 03, 2024
DANISH AIR TRANSPORT agreed to lease ex-Czech Airlines ATR 72-500 (789) from Nordic Aviation Capital.
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AEROMEXICO

Sep 03, 2024
AEROMEXICO closed 3-year, US$200m revolving syndicated credit facility with BBVA Mexico as operational liquidity.
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CIRIUM

Sep 03, 2024
CIRIUM, UK was selected by Condor to provide aviation analytics, including historical flight data, schedules data, and real-time flight data.
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AERCAP

Sep 05, 2024
AERCAP announced offering of $2.4b in senior unsecured notes ($1.3b due in 2029/$1.1b due in 2034) for general corporate purposes, including to acquire, invest in, finance or refinance aircraft assets and repay indebtedness.
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SOLYU

Sep 05, 2024
SOLYU, Korea agreed to order 30 PHA-ZE 100 zero-emissions amphibious aircraft from JEKTA for third-party leasing.
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AIRBALTIC

Sep 05, 2024
AIRBALTIC is adding 16 new routes by mid-2025 (A220): Riga-Rzeszow/-Stavangar/-Mykonos/Cluj-Napoca; Tallinn-Barcelona/-Palma/-Hamburg/-Reykjavik/-Tirana; Vilnius-Tel Aviv/-Prague/-Chisinau/-Rhodes/-Valencia/-Tirana/-Ibiza.
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CYPRUS AIRWAYS

Sep 05, 2024
CYPRUS AIRWAYS leased ex-Egyptair A220-300 (55059) from Azorra and now has three A220s.
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AEROMEXICO

Sep 03, 2024
AEROMEXICO closed 3-year, US$200m revolving syndicated credit facility with BBVA Mexico as operational liquidity.
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CORPORATE AIR

Sep 05, 2024
CORPORATE AIR took delivery of its first two Cessna SkyCouriers (025/027) for its FedEx Feeder operations.
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WIZZ AIR

Sep 05, 2024
WIZZ AIR plans June 2 to begin Abu Dhabi-Milan Malpensa (A321XLR).
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AZUL

Sep 05, 2024
AZUL leased ex-Condor A330-200 (975) with Trent 700s from Avolon.
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ADVANTAGE AIR

Sep 05, 2024
ADVANTAGE AIR, Kenya agreed to lease CRJ200SF (7417; ex-ExpressJet) from Regional One.
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DAE

Sep 05, 2024
DAE agreed to purchase 17 lease-attached aircraft, including 15 A320 Family aircraft, from CALC, which is part of previously announced agreements to acquire 23 aircraft (leased to 13 airlines) from multiple parties (SPNWS; Aug 30).
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GENESIS

Sep 06, 2024
GENESIS, Dublin has added BayernLB as a co-lender to its $450m warehouse facility, which is led by Citibank, with Morgan Stanley and Bank of America as the other co-lenders. It has owned/managed/committed fleet of 61 aircraft.
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VIRGIN ATLANTIC

Sep 06, 2024
VIRGIN ATLANTIC plans to begin London Heathrow-Riyadh (A330-900) on March 30 and -Accra, Ghana (787) on May 1.
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HAINAN AIRLINES

Sep 06, 2024
HAINAN AIRLINES agreed to lease five LEAP-powered A320neos from Avolon for delivery through end of 2025.
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SKYWARD EXPRESS

Sep 06, 2024
SKYWARD EXPRESS, Kenya leased ex-Horizon Air Dash 8-400 (4047) from Longview Aviation Leasing.
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KOREAN AIR

Sep 06, 2024
KOREAN AIR placed its first order for Airbus aircraft (six A300B4s) 50 years ago this week.
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AMERICAN AIRLINES

Sep 06, 2024
AMERICAN AIRLINES plans in summer 2025 to begin (all daily) Charlotte-Athens (777), Chicago-Madrid (787), Miami-Rome (777), and Philadelphia-Edinburgh/-Milan (787). It will operate >70 daily flights to 20 transatlantic destinations.
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ALL NIPPON AIRWAYS

Sep 06, 2024
ALL NIPPON AIRWAYS refinanced a midlife 777-300ER with HALO AirFinance (GA Telesis/Tokyo Century joint venture).
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LATAM AIRLINES

Sep 06, 2024
LATAM AIRLINES took delivery of 767-300BCF (40799), following conversion by ST ENGINEERING in Singapore; aircraft is currently parked in Victorville, CA. BOEING has converted 13 767-300s for LATAM at five different facilities.
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US DOT

Sep 06, 2024
US DOT reports US airline fuel cost was $2.58/gallon in July vs $2.54 in June 2024; y-o-y consumption rose 3.1%.
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TAP AIR PORTUGAL

Sep 06, 2024
TAP AIR PORTUGAL began three-times-weekly Lisbon-Florianopolis (A330), its 13th destination in Brazil.
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GLOBAL CROSSING AIRLINES

Sep 06, 2024
GLOBAL CROSSING AIRLINES took delivery of ex-Alaska A320-200 (3670) with CFM56s on lease from WNG Capital. It also agreed to lease two A321P2Fs (1636; ex-Air Busan/1153; ex-Just Us Air) with V2500s from Spectre Air Capital.

Business Aviation

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FLYEXCLUSIVE

Sep 03, 2024
FLYEXCLUSIVE was selected by Volato to provide aircraft management services for its fleet of (now) 25 HondaJets.
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SHELTAIR

Sep 03, 2024
SHELTAIR began building 60,000 sq ft narrowbody hangar facility at Tampa International Airport for 4Q25.
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KCAC AVIATION

Sep 05, 2024
KCAC AVIATION broke ground on 30,000 sq ft hangar at Olathe, KS to double Pilatus/Piper MRO capacity to 60,000 sq ft.

Defense

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HONEYWELL

Sep 05, 2024
HONEYWELL completed acquisition of CAES SYSTEMS (formerly Cobham Advanced Electronic Solutions), VA from Advent International for $1.9b to enhance its radio frequency (RF) business for defense electronics (SPNWS; June 21).
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SETDCO GROUP

Sep 05, 2024
SETDCO GROUP agreed to order five 19-seat N219s from PT Dirgantara Indonesia for DEMOCRATIC REP OF CONGO.
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AIR INDUSTRIES GROUP

Sep 05, 2024
AIR INDUSTRIES GROUP signed marketing agreement with All-System Aerospace to pursue Foreign Military Sales in 17 countries to expand distribution of its precision components/assemblies in Europe, Middle East, Asia, and Pacific.
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CURTISS-WRIGHT

Sep 05, 2024
CURTISS-WRIGHT has $26m Belgian Air Force contract to provide new cable systems and related turnkey services in support of F-35 fleet (34 on order); agreement also provides various services, spares, repair, and overhaul for flight ops.
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EMBRAER

Sep 06, 2024
EMBRAER delivered first (of two) C-390, equipped with a roll-on/roll-off ICU, to HUNGARY, which becomes the second NATO nation to operate aircraft.
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BOEING

Sep 06, 2024
BOEING announced that it is offering the CH-47 Chinook to POLAND.
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AIRBUS DEFENCE AND SPACE

Sep 06, 2024
AIRBUS DEFENCE AND SPACE acquired INFODAS, Cologne, Germany to strengthen its cybersecurity portfolio.

MRO

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SETNA iO

Sep 03, 2024
SETNA iO has acquired ex-Iberia A319-100 (2264) for part out.
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LUFTHANSA TECHNIK SOFIA

Sep 03, 2024
LUFTHANSA TECHNIK SOFIA has 3-year Pegasus Airlines contract for >60 A320 Family heavy maintenance checks.
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AVIATION WEEK NETWORK

Sep 05, 2024
AVIATION WEEK NETWORK projects 10-year European engine MRO market (valued at $122.1b) will at CAGR of 2.5% with >21,900 engine events by 2033, or 23% of global share, excluding CFM/P&W narrowbody engine durability issues; active European engine fleet will increase from 15,900 in 2024 to >18,800 by end 2033 after
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MAMMOTH FREIGHTERS

Sep 05, 2024
MAMMOTH FREIGHTERS began door cutting for fourth 777-200LRMF (32222; ex-Delta) at STS in Manchester, UK.
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HAECO GROUP

Sep 06, 2024
HAECO GROUP was selected by Safran Aircraft Engines as partner to install reverse bleed system (RBS) -- both on wing and near wing -- on existing fleet of LEAP engines out of Hong Kong, London, Amsterdam, and Dallas.
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EGYPTAIR MAINTENANCE & ENGINEERING

Sep 06, 2024
EGYPTAIR MAINTENANCE & ENGINEERING signed MOU with Airbus to become a qualified airframe MRO supplier.
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AIR INDIA

Sep 06, 2024
AIR INDIA broke ground on new 35-acre MRO facility in Bengaluru in partnership with SIA ENGINEERING; facility will comprise 12 hangars (three widebody/nine narrowbody). It also plans to add widebody hangar at Delhi for 2026.
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LUFTHANSA TECHNIK

Sep 06, 2024
LUFTHANSA TECHNIK says it is planning to build component MRO facility in southwest Europe; details are TBA.
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UNICAL AVIATION

Sep 06, 2024
UNICAL AVIATION has acquired ECUBE SOLUTIONS, which provides aircraft storage, disassembly, and transition services out of three facilities at St. Athan, Wales (headquarters), Castellón, Spain and Coolidge Municipal Airport, AZ.

Who’sNews

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WHO'SNEWS: DOKASCH TEMPERATURE SOLUTIONS

Sep 03, 2024
Gianmarco Steinhauer to Business Development Manager-Germany of DoKaSch Temperature Solutions, Frankfurt.
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WHO'SNEWS: AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS (AIAA)

Sep 03, 2024
Clay Mowry to Chief Executive Officer of American Institute of Aeronautics and Astronautics (AIAA), Reston, VA.
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WHO'SNEWS: 3DEO

Sep 03, 2024
Scott Dennis to Chief Executive Officer of 3DEO, Los Angeles.
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WHO'SNEWS: ABRA GROUP

Sep 03, 2024
Michael Swiatek, Chief Strategy Officer of Abra Group, UK, was also named Chief Accountability Officer.
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WHO'SNEWS: DISCOVER AIRLINES

Sep 03, 2024
Marco Goetz to Chief Commercial Officer of Discover Airlines, Germany.
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WHO'SNEWS: BOC AVIATION

Sep 03, 2024
Qian Xiaofeng is appointed as Chief Commercial Officer (Asia Pacific and the Middle East) of BOC Aviation, Singapore.
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WHO'SNEWS: AERADVISE

Sep 03, 2024
Donal Moore to Head of Finance of Aeradvise, Dublin.
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WHO'SNEWS: CHALLENGE TECHNIC

Sep 03, 2024
Petur Thor to Technical Director of Challenge Technic, Iceland.
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WHO'SNEWS: SR TECHNICS

Sep 03, 2024
Florent Leforestier to Senior Vice President of Procurement of SR Technics, Zurich.
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WHO'SNEWS: AIR T

Sep 05, 2024
Steve Welo to Executive Director of Capital Partnerships of Air T, Minneapolis.
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WHO'SNEWS: WILLIS LEASE FINANCE CORPORATION

Sep 05, 2024
Dr. Amy Ruddock to Senior Vice President, Sustainable Aviation & Corporate Development of Willis Lease Finance Corporation, FL.
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WHO'SNEWS: NESTE

Sep 05, 2024
Heikki Malinen to President and Chief Executive Officer of Neste, Finland (effective October 15).
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WHO'SNEWS: AEROTHRIVE

Sep 05, 2024
Patrick Lutz to Chief Executive Officer of AEROTHRIVE, Germany.
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WHO'SNEWS: FLYBONDI

Sep 05, 2024
Manuel Álvarez to Chief Revenue Officer of Flybondi, Buenos Aires.
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WHO'SNEWS: JMC AVIATION

Sep 05, 2024
Zak Milsom to Commercial Director of JMC Aviation, Exeter, UK.
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WHO'SNEWS: HONEYWELL

Sep 06, 2024
Mike Stepniak to Senior Vice President and Chief Financial Officer of Honeywell (corporate), Charlotte.
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WHO'SNEWS: AIRBALTIC

Sep 06, 2024
Dainis Bērziņš to Chief Information Officer of airBaltic, Latvia.
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WHO'SNEWS: HANWHA AVIATION

Sep 06, 2024
Laura Ivaskaite to Vice President-Commercial and Investments, based in Dublin, of Hanwha Aviation.
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WHO'SNEWS: ALLEGIANT

Sep 06, 2024
Drew Wells to Chief Commercial Officer of Allegiant, Las Vegas; Scott DeAngelo resigned as EVP and Chief Marketing Officer.