Subscription Required

 

SpeedNews - September 20, 2024 is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.

 

 

Aerospace

article

ELYSIAN AIRCRAFT

Sep 13, 2024
ELYSIAN AIRCRAFT, The Netherlands joined the European Regions Airline Association (ERA). It is now developing the 90-pax E9X electric aircraft.
article

IAM DISTRICT

Sep 13, 2024
IAM DISTRICT 51/W24 membership (33,000 machinists) voted overwhelmingly by 94.6% to reject contract offer from BOEING and went on strike on September 13, suspending aircraft production.
article

FACC

Sep 16, 2024
FACC announced COMPASS research project with 13 European partners for remanufacturing thermoplastic materials to produce high-quality second-life components.
article

FIRST AVIATION SERVICES

Sep 16, 2024
FIRST AVIATION SERVICES has acquired SAINT TECHNOLOGIES, IL (manufacturer of REALLOCK lock washers).
article

BOEING

Sep 16, 2024
BOEING has internally announced cost-cutting measures, including travel restrictions, supplier expenditures and possible furloughs, in response to work stoppage by machinists.
article

COLLINS

Sep 17, 2024
COLLINS is teaming with Pratt & Whitney and Delft University of Technology to collaborate on sustainable aviation research opportunities, incl advanced materials, hydrogen propulsion, advanced manufacturing and industrial design.
article

GKN AEROSPACE

Sep 17, 2024
GKN AEROSPACE is expanding its engine component manufacturing facility in Trollhättan, Sweden by 5,000 sq meters for 2026 to support industry ramp-up.
article

KELLSTROM AEROSPACE

Sep 17, 2024
KELLSTROM AEROSPACE has relocated its Asia-Pacific office to Singapore's Aerospace Park to provide greater opportunities to establish partnerships, drive innovation, and enhance business development initiatives in the region.
article

HÉROUX-DEVTEK

Sep 17, 2024
HÉROUX-DEVTEK received approvals from Canadian and UK governments for $1.35b sale to PLATINUM EQUITY ADVISORS (SPNWS; July 12); deal, still subject to certain closing conditions, is due to close by end of March 2025.
article

BOEING

Sep 17, 2024
BOEING is being instructed to pay $150m to EMBRAER as compensation for terminating $4.2b commercial tie-up in '20.
article

BOEING

Sep 17, 2024
BOEING forecasts (as part of CMO announced earlier this year) demand in Africa for 1,170 aircraft (830 narrowbodies) through 2043, doubling fleet to accommodate 6.4% annual traffic growth; AIRBUS forecasts (as part of GMF announced earlier this year) demand in Africa for 1,460 aircraft (1,210 narrowbodies) through 2043, tripling fleet to 1,860 aircraft.
article

SATAIR

Sep 17, 2024
SATAIR opened new 56,500 sq meter Logistics & Service Centre in Hamburg to (primarily) manage tools and large parts.
article

AURA AERO

Sep 17, 2024
AURA AERO received €12m funding under France's EIC Accelerator program for further development of 19-seat ERA hybrid-electric aircraft. It was also cleared to build manufacturing facility at Toulouse-Francazal for operation by 2026.
article

ALDINGER COMPANY

Sep 17, 2024
ALDINGER COMPANY, TX acquired SERVO INNOVATIONS, MI (calibration services).
article

FLYHT AEROSPACE SOLUTIONS

Sep 19, 2024
FLYHT AEROSPACE SOLUTIONS announced successful integration of its 5G AFIRS Edge solution with Air North, as STC partner, for its 737NGs.
article

TIGHITCO LATIN AMERICA

Sep 19, 2024
TIGHITCO LATIN AMERICA has $10m Spirit AeroSystems contract to supply insulation assemblies for 737 MAXs.
article

COLLINS AEROSPACE

Sep 19, 2024
COLLINS AEROSPACE has FAA TSO for new multi-core processor (Collins Multifunction Display, powered by Mosarc) to increase speed/capacity/flexibility of flight deck, providing 75% more capability vs traditional single-core processors.
article

AIRBUS

Sep 19, 2024
AIRBUS opened new customer support center in Johannesburg, South Africa.
article

DRAYTON AEROSPACE

Sep 20, 2024
DRAYTON AEROSPACE, Dubai opened regional offices in Mumbai, India and near DFW to increase presence/accelerate growth in its USM business.
article

AMTRA AERO COMPONENT SOLUTIONS (AACS)

Sep 20, 2024
AMTRA AERO COMPONENT SOLUTIONS (AACS) was formed to manage AMTRA Aero's part-out portfolio and warehouse component sales out of 12,000 sq ft facility (4,000 sq ft of air-conditioned storage) in Tulsa starting in November 2024.
article

BOOM

Sep 20, 2024
BOOM completed third flight of its XB-1 test aircraft (to test key systems, including performance of the ECS before going to higher altitudes and stability augmentation system) at Mojave; supersonic flight is scheduled by end of 2024.

Air Transport

article

AVOLON

Sep 13, 2024
AVOLON agreed to acquire CASTLELAKE AVIATION and its $5b portfolio of 105 aircraft on lease, commitments for 13 new-technology aircraft, two engines on lease, and nine loans; portfolio is 68% narrowbody aircraft/70% new technology.
article

CATHAY

Sep 13, 2024
CATHAY completed buyback of all of warrants issued to HKSAR Govt in 2020 as part of its recapitalization for HK$1.5b.
article

AIRBALTIC

Sep 13, 2024
AIRBALTIC has 3-year wet-lease contract extension to operate scheduled flights for Lufthansa Group starting in summer 2205; deal calls for deployment of up to 21 A220s in summer and five in winter at various hubs in the Lufthansa network.
article

BRUSSELS AIRLINES

Sep 13, 2024
BRUSSELS AIRLINES (Lufthansa Group) announced plan to add three A330s to fleet in coming years, increasing widebody fleet to 13 to reinforce its Sub-Saharan Africa network. It also plans to upgrade cabins (details TBA).
article

AIR CANADA

Sep 16, 2024
AIR CANADA reached tentative agreement on new 4-year contract with its ALPA-represented pilots, averting strike.
article

CPaT GLOBAL

Sep 16, 2024
CPaT GLOBAL, TX was selected by Libya's Berniq Airways to provide distance learning solutions for its A320ceo and A32neo fleets.
article

ORIX AVIATION SYSTEMS

Sep 16, 2024
ORIX AVIATION SYSTEMS received a Strong overall aircraft servicer ranking from S&P Global Ratings; outlook is stable.
article

AIR BELGIUM

Sep 16, 2024
AIR BELGIUM is negotiating with potential new investor after deal with SICHUAN AIRLINES fell through.
article

AIRCALIN

Sep 16, 2024
AIRCALIN plans December 11 to begin Noumea-Paris CDG (A330-900).
article

SKY VISION AIRLINES

Sep 16, 2024
SKY VISION AIRLINES, Egypt leased A321P2F (2247; ex-Air Busan) from ST Aerospace Resources.
article

HI FLY MALTA

Sep 16, 2024
HI FLY MALTA leased ex-Nordwind A330-200 (1002) with PW4000s from TrueAero.
article

CEBU PACIFIC

Sep 16, 2024
CEBU PACIFIC, Philippines leased ex-IndiGo A320neo (8077) with GTFs from ICBC Leasing.
article

WAMOS AIR

Sep 16, 2024
WAMOS AIR, Spain leased ex-Corsair A330-300 (1103) with Trent 700s from AerCap.
article

ONE AIR

Sep 16, 2024
ONE AIR, UK leased 747-400ERF (32870) with CF6-80C2s from Aerotranscargo and now has three 747Fs.
article

AIRNORTH

Sep 16, 2024
AIRNORTH, Australia leased another E190 (420) from Alliance Airlines.
article

APEX LOGISTICS

Sep 16, 2024
APEX LOGISTICS wet-leased 747-400F (30608) from Atlas Air.
article

CHORUS AVIATION

Sep 16, 2024
CHORUS AVIATION announced independent proxy advisory firms ISS and Glass, Lewis & Co recommended its shareholders approve sale of its regional aircraft leasing business to HPS INVESTMENT PARTNERS (SPNWS; Aug 2).
article

K-MILE AIR

Sep 16, 2024
K-MILE AIR, Thailand took delivery of second 767-300BCF (33422) with PW4000s on lease from SF Airlines.
article

ENTROL

Sep 16, 2024
ENTROL has order from Fly Provence for an A32 FNPT II MCC simulator.
article

PHILLIPINE AIRLINES

Sep 16, 2024
PHILLIPINE AIRLINES plans December 22 to begin thrice-weekly Cebu-Osaka (A321).
article

AIRLINK

Sep 17, 2024
AIRLINK leased two ex-Alitalia E175s (342/343) from Falko Regional Aircraft.
article

SAS

Sep 17, 2024
SAS plans May 1 to begin five-times-weekly Copenhagen-Seattle (A350).
article

BRA

Sep 17, 2024
BRA signed long-term wet-lease deal with SAS to operate ATRs on domestic routes in Sweden, plus feed Copenhagen.
article

VIRGIN AUSTRALIA

Sep 17, 2024
VIRGIN AUSTRALIA has converted 12 of 25 737-10s on order to -8s due to delays/uncertainty in certification of -10.
article

SPIRIT AIRLINES

Sep 17, 2024
SPIRIT AIRLINES sold GTF-powered A321neo (12178) to Air Lease Corporation and leased it back.
article

ENVOY

Sep 17, 2024
ENVOY (American) plans March 6 to begin DFW-Tampico, Mexico (E170).
article

AviaAM LEASING

Sep 17, 2024
AviaAM LEASING purchased ex-SilkAir A320-200 (5089) with V2500s from TrueAero Asset Management Ireland.
article

TRANSAVIA FRANCE

Sep 17, 2024
TRANSAVIA FRANCE leased new A320neo (12265) with LEAP-1As from Avolon.
article

PARIS CDG

Sep 17, 2024
PARIS CDG reports y-o-y traffic increase of 4.1% in 2024 (through August); however, traffic is still 8.8% below 2019 levels (ORLY is 2.3% higher vs '19).
article

SALAMAIR

Sep 17, 2024
SALAMAIR, Oman has deferred delivery of six E195-E2s over concerns with GTF engine issues; it also has six options.
article

CHICAGO O'HARE

Sep 17, 2024
CHICAGO O'HARE handled 7.7m pax in July, up 11.2% vs July '23.
article

GOL

Sep 19, 2024
GOL plans February 4 to begin thrice-weekly Brasilia-Bogotá (737-8).
article

CHINA SOUTHERN AIRLINES

Sep 19, 2024
CHINA SOUTHERN AIRLINES plans December 12 to begin three-times-weekly Guangzhou-Adelaide, Australia (787).
article

ALASKA AIR GROUP and HAWAIIAN AIRLINES

Sep 19, 2024
ALASKA AIR GROUP and HAWAIIAN AIRLINES completed their merger after receiving clearance from US DOT; new company will operate as single organization with two separate airlines until obtaining single operating certificate from FAA (Alaska has appointed a Honolulu leadership team, led by Joe Sprague, to guide Hawaiian operations in the interim).
article

AIR LEASE CORPORATION

Sep 19, 2024
AIR LEASE CORPORATION announced pricing of $300m public offering of 300,000 shares of preferred stock, to close Sept 24.
article

BRITISH AIRWAYS

Sep 19, 2024
BRITISH AIRWAYS plans March 30 to begin four-times-weekly London Heathrow-Tbilisi, Georgia (A320neo).
article

CONDOR

Sep 19, 2024
CONDOR took delivery of fourth new GTF-powered A321neo (12057) on lease from ACG as part of deal for four.
article

AIR SERBIA

Sep 19, 2024
AIR SERBIA is expected to lease two ex-Great Dane E195s (184/213) from SEBC Aviation Leasing.
article

LOT

Sep 19, 2024
LOT took delivery of second (125) of three E195-E2s on lease from Azorra; aircraft were originally due for SKS Airways.
article

LUFTHANSA TECHNIK

Sep 19, 2024
LUFTHANSA TECHNIK was selected by TUI Airline to supply AVIATAR electronic technical logbook (eTLB) for European fleet of 130 aircraft.
article

AERCAP

Sep 20, 2024
AERCAP has Board authorization for $500m share repurchase program through 1Q25, increasing total to $4.4m since '23.
article

ETIHAD CARGO and SF AIRLINES

Sep 20, 2024
ETIHAD CARGO and SF AIRLINES announced project to establish joint venture to strengthen UAE-China trade.
article

ACI WORLD

Sep 20, 2024
ACI WORLD is projecting y-o-y global air traffic increase of 10% from 8.7b pax in 2023 to 9.5b in 2024, which is 4% higher than 2019 levels; international traffic is expected to total 4.1b pax and domestic traffic will reach 5.4b.
article

RAA

Sep 20, 2024
RAA reports that in 2023 regional airlines served 634 US airports (63% relied solely on regional airlines for air service); 31% of scheduled departures in US were operated by regional airlines, including >70% for some states.
article

LOGANAIR

Sep 20, 2024
LOGANAIR leased ex-Avianca ATR 72-600 (1142) from Petrus Aviation, in partnership with Jetstream Aviation Capital.
article

BBN AIRLINES

Sep 20, 2024
BBN AIRLINES, Türkiye leased A321P2F (1670; ex-Air Busan) with V2500s from BBAM.
article

S7 AIRLINES

Sep 20, 2024
S7 AIRLINES signed MOU with United Aircraft Corporation to order up to 100 Tu-214s for fleet expansion; earlier in 2024, UAC announced plan to increase Tu-214 production to 10 aircraft per year in 2025/2026, then to 20 in 2028.
article

AVIAN INVENTORY MANAGEMENT

Sep 20, 2024
AVIAN INVENTORY MANAGEMENT, FL acquired ex-JetBlue E190 (004) from Azorra for part out.
article

KLM and BOSTON CONSULTING GROUP

Sep 20, 2024
KLM and BOSTON CONSULTING GROUP teamed to develop Pathfinder AI tool to optimize airline operations, realize sustainability benefits from reduced fuel burn and reduce flight disruptions; tool was selected by Singapore Airlines.
article

TRUENOORD

Sep 20, 2024
TRUENOORD completed purchase of additional eight aircraft from Nordic Aviation Capital: four E190s leased to BREEZE AIRWAYS, three E190s leased to LOT, and one further Dash 8-400 leased to NEXUS, Australia. It now has 94 aircraft.
article

CDB AVIATION LEASE FINANCE (CDBALF)

Sep 20, 2024
CDB AVIATION LEASE FINANCE (CDBALF) ordered 50 737-8s for 2028-2031 and now has 69 737 MAXs on order.
article

UNITED AIRLINES

Sep 20, 2024
UNITED AIRLINES agreed to lease 20 new A321neos with GTFs from SMBC Aviation Capital for delivery starting 2026.
article

KM MALTA AIRLINES

Sep 20, 2024
KM MALTA AIRLINES is expected soon to take delivery of new A320neo (12182) with LEAPs, increasing fleet to nine.
article

PORTER AIRLINES

Sep 20, 2024
PORTER AIRLINES sold third new E195-E2 (146) to Elevate Capital Partners for leaseback as part of deal for four.

Business Aviation

article

GOGO BUSINESS AVIATION

Sep 16, 2024
GOGO BUSINESS AVIATION was selected by Airshare to provide Gogo AVANCE, Gogo 5G, and Gogo Galileo LEO broadband satellite services (for Challenger 3500s and Phenom 300s) as option for its aircraft management clients.
article

PRIVATE JET SERVICES

Sep 16, 2024
PRIVATE JET SERVICES (Elevate Aviation Group) has reconfigured three 757-200s to 78-seat VIP configuration (business class seats/Wi-Fi/in-seat power) for large group charter operation by NEW PACIFIC AIRLINES.
article

TEXTRON AVIATION

Sep 16, 2024
TEXTRON AVIATION received FAA approval for its new Safety Management System (SMS) implementation plan (includes a voluntary reporting tool) to support design and manufacturing of Cessna and Beechcraft aircraft.
article

RAI JETS

Sep 16, 2024
RAI JETS, MI added a Beechcraft Premier I to its charter fleet out of Kalamazoo/Battle Creek International Airport.
article

TEXAS AEROSPACE TECHNOLOGIES

Sep 17, 2024
TEXAS AEROSPACE TECHNOLOGIES has FAA STC to install TRUE BLUE POWER TS28 emergency batteries on Citation jets.
article

GARMIN

Sep 17, 2024
GARMIN has FAA certification for G5000 integrated flight deck for Cessna Citation XLS+ and XLS Gen2 aircraft.
article

EXECUJET MRO SERVICES MIDDLE EAST

Sep 17, 2024
EXECUJET MRO SERVICES MIDDLE EAST, Dubai was approved by South Africa to perform ERJ/Legacy heavy maintenance. It has already accepted two Legacy 600s currently undergoing 96-month and 144-month airframe maintenance checks.
article

MODESTO JET CENTER

Sep 19, 2024
MODESTO JET CENTER, CA added a managed Pilatus PC-24 Super Versatile Jet to its Part 135 charter certificate.
article

YINGLING AVIATION

Sep 20, 2024
YINGLING AVIATION acquired Wichita-based BEVAN AVIATION (aircraft maintenance); terms of transaction were not disclosed.

MRO

article

WEST STAR AVIATION

Sep 13, 2024
WEST STAR AVIATION opened new 75,700 sq ft hangar at East Alton, increasing its footprint in US to 1.5m sq ft.
article

STANDARDAERO

Sep 16, 2024
STANDARDAERO was selected by Turkey's Corendon Airlines to provide LEAP-1B maintenance at San Antonio, TX.
article

BIRD AVIATION

Sep 16, 2024
BIRD AVIATION is building new narrowbody MRO hangar at Cyprus' Larnaca Airport.
article

3TOP AVIATION SERVICES

Sep 16, 2024
3TOP AVIATION SERVICES, UK acquired ex-Iberia Express A320-200 (1450) for part out by ECUBE at Castellón, Spain.
article

C&L AVIATION SERVICES

Sep 16, 2024
C&L AVIATION SERVICES received new landing gear rating from FAA to provide overhauls for ERJs and Citation series business jets (later E190 and 737). It also added wheel and brake repair capabilities for regional and corporate aircraft.
article

AVIATION WEEK NETWORK

Sep 16, 2024
AVIATION WEEK NETWORK projects 10-year Asia-Pacific engine MRO market (valued at $220.9b; includes China) will grow 2.7% per year with >28,200 engine overhaul events by 2034, or 29% of global share, excluding CFM/P&W narrowbody engine durability issues; active fleet will increase from >19,500 engines in 2024 to >26,500 by end 2034.
article

FLYBONDI

Sep 17, 2024
FLYBONDI was certified by the National Civil Aviation Administration of Argentina (ANAC) to provide ground handling services to third party airlines.
article

AERO ENGINE CENTRE (AEC)

Sep 19, 2024
AERO ENGINE CENTRE (AEC) relocated to 28,000 sq ft engine maintenance facility near Heathrow to handle LEAPs, CF6s, GE90s and V2500s; facility can store 35-40 engines with six maintenance bays planned in first year of operation.
article

ASIA DIGITAL ENGINEERING and GMF AEROASIA

Sep 19, 2024
ASIA DIGITAL ENGINEERING and GMF AEROASIA announced joint investment into landing gear overhaul services in SE Asia.
article

IAI

Sep 19, 2024
IAI is expected in 1Q25 to cut door on prototype A330-300BDSF (1574; ex-Air Europa); aircraft is owned by Avolon.
article

SR TECHNICS

Sep 20, 2024
SR TECHNICS opened new dedicated GTF maintenance facility and reconstructed Test Cell #2 at Zurich.
article

DRAYTON AEROSPACE

Sep 20, 2024
DRAYTON AEROSPACE, Dubai expanded its landing gear lease/overhaul partnership with Lion Air to include A320ENH.

Who’sNews

article

WHO'SNEWS: SUNEXPRESS

Sep 13, 2024
Helmut Wölfel to Commercial Director of SunExpress, Turkey.
article

WHO'SNEWS: EVE AIR MOBILITY

Sep 17, 2024
Megha Bhatia to Chief Commercial Officer, based in Melbourne, FL, of Eve Air Mobility.
article

WHO'SNEWS: GA TELESIS

Sep 17, 2024
Richard Maestracci to Vice President of Global Material Supply Chain-Flight Solutions Group of GA Telesis, FL.
article

WHO'SNEWS: AVENGER FLIGHT GROUP

Sep 17, 2024
Andres Restrepo to Interim CEO of Avenger Flight Group, Fort Lauderdale; Pedro Sors is transitioning to Strategic Advisor.
article

WHO'SNEWS: SVP-CREDIT AND INVESTMENT STRATEGY

Sep 17, 2024
David Taylor to Chief Operations Officer of ABL Aviation, Ireland; David Sims to SVP-Credit and Investment Strategy, based in New York.
article

WHO'SNEWS: AIRBUS

Sep 19, 2024
Gabriel Semelas to President-Africa and Middle East, based in Dubai, of Airbus (effective 2025).
article

WHO'SNEWS: HAWAIIAN AIRLINES

Sep 19, 2024
Joe Sprague to CEO of Hawaiian Airlines, responsible for leading all operations in Honolulu until FAA grants Alaska Air Group a single AOC.