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Aerospace

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SIERRA NEVADA

Oct 08, 2024
SIERRA NEVADA has integrated Systecon's Opus Suite software into its engineering and logistics processes for SAOC platform to enhance lifecycle management and facilitate early system design evaluation.
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AURA AERO

Oct 08, 2024
AURA AERO secured equity investment from France's EDF GROUP (via SAFIDI) for development of all-electric aircraft.
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IAM DISTRICT 751

Oct 08, 2024
IAM DISTRICT 751 is scheduled to resume mediated negotiations with BOEING on October 7.
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APOLLO FUNDS

Oct 08, 2024
APOLLO FUNDS agreed to acquire BARNES GROUP for $47.50/share (>20% premium) in all-cash deal valued at $3.6b.
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PURSUIT AEROSPACE

Oct 08, 2024
PURSUIT AEROSPACE, CT, formed in 2023 via merger of Whitcraft Group and Paradigm Precision, has acquired both PRESCOTT PRECISION DIE, AZ (tight tolerance engine components) and MERC AEROSPACE, UK (precision machining).
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DE HAVILLAND CANADA

Oct 08, 2024
DE HAVILLAND CANADA completed contract negotiations with EU for 22 DHC-515 firefighter aircraft for rescEU operations; in honor of the historical significance of the aircraft, it was renamed De Havilland Canadair 515.
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GA TELESIS

Oct 08, 2024
GA TELESIS passed comprehensive AS9120 and ASA-100 audits (zero findings) at five of its global facilities for a fifth consecutive year.
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ROLLS-ROYCE

Oct 08, 2024
ROLLS-ROYCE announced Trent XWB family surpassed 20m flight hours.
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CFM INTERNATIONAL

Oct 08, 2024
CFM INTERNATIONAL announced VietJet Air has reaffirmed its commitment to order >400 LEAP-1Bs (includes spares) for 200 737 MAXs on order for delivery starting in 2025; VietJet Air currently operates 73 A320s/A321s with CFM56s.
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BOOM SUPERSONIC

Oct 08, 2024
BOOM SUPERSONIC completed its fifth test flight of XB-1 supersonic demonstrator, reaching maximum alititude of 17,800 ft and new top speed of Mach 0.69; five more subsonic test flights are planned prior to breaking sound barrier.
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JET PARTS ENGINEERING

Oct 09, 2024
JET PARTS ENGINEERING, WA acquired MITCHELL PMA and its catalog for >170 FAA-PMA approved airframe and accessory replacement parts, ranging from rudder balance weights to engine cooling hoses, to cargo door lanyards.
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HONEYWELL

Oct 09, 2024
HONEYWELL plans in late 2025/early 2026 to spin off (tax-free to Honeywell shareholders) its Advanced Materials business into separate publicly traded company with approximately $3.8b of revenue and >25% EBITDA margin.
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FDH AERO

Oct 09, 2024
FDH AERO, CA has new AVIC-XAIC contract for supply chain support of wing/mid-fuselage assembly of COMAC C919.
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LUFTHANSA AVIATION TRAINING

Oct 09, 2024
LUFTHANSA AVIATION TRAINING opened new training center in Brussels with A320 cabin mockup, A320/A330/737/787 door trainers and slide tower.
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SAFRAN SEATS

Oct 09, 2024
SAFRAN SEATS was selected by Vietnam Airlines to supply business class seat spare parts for 787s and A350s, reconfigure 23 A321s, and provide equipment/technical certification for IFEC systems for 20 A321neos and 17 787s.
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BOEING

Oct 09, 2024
BOEING delivered 33 aircraft (737NG; 27 737 MAXs; 767-300F; four 787-10s) in September 2024 vs 27 (15 737 MAXs; two 777Fs; 10 787s) in Sept 2023; and has so far delivered 291 (225 MAXs) in 2024 vs 371 (280) a year ago. It also booked orders from unidentified customers for 54 737 MAXs and 11 777Fs and now has 315 orders in 2024; see page 8.
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BOEING and IAM DISTRICT 751

Oct 09, 2024
BOEING and IAM DISTRICT 751 completed second day of mediated talks with no progress and have walked away from table. Through the mediator, Boeing withdrew its September 23 offer and its leaders are considering additional steps to preserve cash.
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COMAC

Oct 09, 2024
COMAC delivered six ARJ21s/four C919s in 3Q24 vs five ARJ21s/one C919 in 3Q23, leaving 454/1,023 on backlog.
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AIRBUS

Oct 09, 2024
AIRBUS delivered 50 aircraft (five A220s; 41 A320neo Family; A330neo; three A350s) in September vs 55 (four A220s; 44 A320neo Fam; two A330s; five A350s) in September 2023; has so far delivered 497 in 2023 vs 488 a year ago. It also booked order from unidentified customer for 20 A320neos/55 A321neos and now has 667 orders in 2024; see page 8.
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XTI AEROSPACE

Oct 11, 2024
XTI AEROSPACE released software version 1.9 (adds One-Engine-Inop (OEI) capability) of its Flight Transition Simulator to optimize flight transitions from vertical-lift flight to wing-borne flight and vice versa for the TriFan 600.

Air Transport

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AERCAP

Oct 08, 2024
AERCAP reports in 3Q24 it signed 160 lease agreements (vs 134 in 3Q23), purchased 41 assets (vs 33) and sold 25 (vs 52). It also repurchased 5.5m shares for $497m and signed financing transactions for approximately $10.5b (vs $3.9b).
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WIZZ AIR

Oct 08, 2024
WIZZ AIR opened new €38m, 2,500+ sq meter pilot training center at Italy's Rome Fiumicino Airport with two CAE-built A320 Family full-flight simulators (third to be installed in 2025) to support >4,800 pilots annually.
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AER LINGUS

Oct 08, 2024
AER LINGUS plans April 12 to begin four-times-weekly Dublin-Nashville, TN (A321XLR).
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ATLAS AIR

Oct 08, 2024
ATLAS AIR formed partnership with Chicago-based Spartan Education Group to establish the Atlas Cadet Academy.
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VIETJET

Oct 08, 2024
VIETJET sold four GTF-powered A321neos to Castlelake for leaseback for delivery in 2024.
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SOLITAIR

Oct 08, 2024
SOLITAIR, Dubai wet-leased (ACMI) 737-800BCF (33023) from ASL Airlines Ireland for startup.
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ALTA

Oct 08, 2024
ALTA added TAAG Angola Airlines as a new airline member.
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CEBU PACIFIC AIR

Oct 08, 2024
CEBU PACIFIC AIR agreed to acquire AIRSWIFT, the Philippines (five ATR -600s) from ALI Capital for $31m.
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FLYADEAL

Oct 08, 2024
FLYADEAL, Saudi Arabia says it hopes to place order for A330neos or 787s by end 2024 to join existing fleet of A320s.
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AIR SERBIA

Oct 08, 2024
AIR SERBIA took delivery of first (1486) of two ex-Air Belgium A330-200s on lease from Altavair (SPNWS; June 21).
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KLM

Oct 08, 2024
KLM announced series of measures to increase productivity, simplify the organization, cut costs, and defer or postpone investments, to structurally improve its operational and financial performance (by €450m in the short term).
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RIYADH AIR

Oct 08, 2024
RIYADH AIR, Saudi Arabia expects to secure AOC by end of 2024 in order to detail initial routes in early 2025.
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AIR ARABIA

Oct 08, 2024
AIR ARABIA says it expects to begin taking delivery of its 12 A32oneo Family on order in 2H25 (A321XLRs in 2027).
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US DOT

Oct 08, 2024
US DOT reports US airline fuel cost was $2.47/gallon in August vs $2.58 in July 2024; y-o-y consumption rose 1.2%.
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AZUL

Oct 09, 2024
AZUL reached agreements with aircraft lessors and OEMs to eliminate pro-rata share of current balances of >92% of its existing equity issuance obligations, totaling about R$3b, in exchange for up to 100m of new preferred Azul shares.
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ALC

Oct 09, 2024
ALC delivered 20 new aircraft (three A220s; six A321neos; three A330-900s; two A350s; six 737 MAXs) in 3Q24 vs eight in 3Q23. It ended quarter with 549 owned/managed aircraft (vs 527 a year ago) plus 287 on order through 2029.
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UNITED AIRLINES

Oct 09, 2024
UNITED AIRLINES completed finance lease transaction with BOC Aviation involving three 737-9s and a 787-9.
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ENTER AIR

Oct 09, 2024
ENTER AIR, Poland purchased 737-800 (30692) off-lease from Aergo Capital.
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AIR SERBIA

Oct 09, 2024
AIR SERBIA plans January 11 to begin Belgrade-Shanghai Pudong (A330-200).
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MACQUARIE AIRFINANCE

Oct 09, 2024
MACQUARIE AIRFINANCE upsized/extended its unsecured revolving credit facility to $1.895b, now expiring July 31, '28.
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ETIHAD AIRWAYS

Oct 09, 2024
ETIHAD AIRWAYS says it plans to announce 11 new cities in late November and 20 more in January/February 2025.
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CPaT GLOBAL

Oct 09, 2024
CPaT GLOBAL was selected by Spain's LEVEL (International Airlines Group) to supply distance learning courses for A330 pilot and cabin crew training.
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MJETS AIR

Oct 09, 2024
MJETS AIR, Malaysia leased ex-Raindo United 737-800BCF (32685) from AerCap.
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ALTA

Oct 09, 2024
ALTA added Dominican Republic's Arajet as a new airline member.
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GA TELESIS

Oct 09, 2024
GA TELESIS purchased CFM56-powered A320-200 (3055; operated by FLY2SKY on sublease from AEROVISTA), 737-700 (39446; leased to VIRGIN AUSTRALIA) and CFM56-powered A320-200 (5102; leased to STAR FLYER) from Avolon.
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FLY2SKY

Oct 09, 2024
FLY2SKY leased ex-Scoot A320-200 (5228) with V2500s from Maverick Aviation.
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AERO-K

Oct 09, 2024
AERO-K, South Korea leased ex-AirAsia India A320-200 (4346) with CFM56s from BBAM.
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TURKISH AIRLINES

Oct 09, 2024
TURKISH AIRLINES leased ex-IndiGo A320neo (8101) with GTFs from Fuyo General Lease; ALM manages aircraft.
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AIRHAIFA

Oct 09, 2024
AIRHAIFA, Israel leased ex-Garuda ATR 72-600 (1132) from ACIA Aero Leasing, increasing fleet to two ATRs.
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JFK

Oct 09, 2024
JFK handled 6.1m pax in August, up 2% vs August 2023.
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NEWARK LIBERTY

Oct 09, 2024
NEWARK LIBERTY handled 4.3m pax in August, down 5.1% vs Aug 2023.
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LAGUARDIA

Oct 09, 2024
LAGUARDIA handled 2.9m pax in August, down 0.6% vs August 2023.
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AIR TAHITI

Oct 09, 2024
AIR TAHITI wet-leased ATR 72-600 (1380) from Air Calédonie through August 2025 to cover maintenance projects.
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AIRLINES FOR EUROPE (A4E)

Oct 09, 2024
AIRLINES FOR EUROPE (A4E) says Europe handled 1.41m flights in summer 2024 (June-August), up 6.2% vs a year ago; nearly half were delayed by ATC.
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AEROMEXICO

Oct 09, 2024
AEROMEXICO plans February 20 to begin Mexico City-Cartagena, Colombia (737-8).
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AVILEASE

Oct 09, 2024
AVILEASE (Public Investment Fund), Saudi Arabia acquired nine more aircraft (now 22) from Avolon, increasing its portfolio to 167 owned aircraft, including purchase commitments, and 23 managed aircraft on lease to 48 airlines.
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AIRASIA

Oct 11, 2024
AIRASIA plans in October/November to begin Kuala Lumpur-Chiang Rai, Thailand/-Da Lat, Vietnam/-Port Blair, India/-Chongquing, China/-Nairobi, Kenya (A320), adding to its existing 112 international/14 domestic routes out of KLIA.
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DELTA AIR LINES

Oct 11, 2024
DELTA AIR LINES had $1.3b net income in 3Q24 (vs $1.1b in 3Q23) on 1% higher revenues. It says CrowdStrike-caused outage resulted in $380m direct revenue impact/$170m non-fuel expense impact, reducing EPS by $0.45.
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AIRCASTLE

Oct 11, 2024
AIRCASTLE had $28.7m net profit on $217m revenues in second quarter ended Aug 31 vs $5.5m on $168m a year ago; it has $3.1b in liquidity and owns 244 aircraft (214 unencumbered valued at $6b) vs 239 (201) a year ago.
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UNITED

Oct 11, 2024
UNITED plans in summer 2025 to begin Newark-Nuuk, Greenland/-Palermo, Italy/-Bilbao, Spain/-Madeira Island, Portugal/-Faro, Portugal; Dulles-Dakar, Senegal and (seasonal) -Nice, France/-Venice, Italy; San Francisco-San Jose, Costa Rica; Houston-Escondido, Mexico; and Tokyo Narita-Ulaanbaatar, Mongolia/-Kaohsiung, Taiwan/-Koror, Palau.
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AIR CANADA

Oct 11, 2024
AIR CANADA agreed to lease a 777-300ER (TBA) from Arcano Partners for 54 months; deal includes purchase option.
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AZORRA

Oct 11, 2024
AZORRA, FL signed lease agreements for six aircraft (four A220s/two E190-E1s) in 3Q24 vs six in 3Q23; it delivered 11 (two A220s/five E195-E1s/two E195-E2s/two E190-E2s) vs four. It ended quarter with 111 aircraft, plus 42 on order.
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BOC AVIATION

Oct 11, 2024
BOC AVIATION executed 70 aircraft transactions (35 lease commitments/19 purchase commitments) in 3Q23 vs 124 (62/41) in 3Q23. It now has owned/managed/committed fleet of 693 aircraft (430 owned) vs 681 (413) a year ago.
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HONG KONG AIRLINES

Oct 11, 2024
HONG KONG AIRLINES plans December 18 to begin thrice-weekly Hong Kong-Sendai, China (A320).
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AIR CANADA

Oct 11, 2024
AIR CANADA finalized new 4-year collective bargaining agreement with its >5,200 ALPA-represented pilots.
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US DOT

Oct 11, 2024
US DOT reports US airlines carried 91.8m pax (78.8m domestic/13m international) in July, up 4.5% vs July 2023.

Business Aviation

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SANDHILLS GLOBAL

Oct 08, 2024
SANDHILLS GLOBAL says y-o-y global used business jet inventory was up 9.6% in Sept; asking values fell 6.3%.
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BIZJET INTERNATIONAL

Oct 08, 2024
BIZJET INTERNATIONAL, Tulsa was renamed LUFTHANSA TECHNIK ENGINE SERVICES to align with global brand.
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TRIMEC AVIATION

Oct 09, 2024
TRIMEC AVIATION, TX is developing an FAA STC to install Gogo Galileo HDX inflight connectivity solution on G200.
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TEXTRON AVIATION and IAM DISTRICT 70

Oct 09, 2024
TEXTRON AVIATION and IAM DISTRICT 70 agreed to resume negotiations on October 10; strike began September 21.
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RHEINLAND AIR SERVICE

Oct 09, 2024
RHEINLAND AIR SERVICE, Germany was named by Tamarack Aerospace as authorized dealer for its active winglets.
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BLUETAIL

Oct 09, 2024
BLUETAIL, AZ launched a Technical Services Partner Network to leverage its software platform to help Part 135 charter operators with conformity inspections, aircraft records audits and pre-purchase inspections to maximize aircraft uptime.

Defense

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INNOVATIVE SOLUTIONS & SUPPORT (IS&S)

Oct 11, 2024
INNOVATIVE SOLUTIONS & SUPPORT (IS&S), PA was selected by the US Army to supply its ThrustSense Autothrottle system for retrofit on its C-12 (King Air B200) aircraft with Pro Line 21 avionics; system is controlled by new ISU.

MRO

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DELTA

Oct 09, 2024
DELTA has FAA approval to use drones for aircraft maintenance inspections.
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INLINE AVIATION GROUP

Oct 09, 2024
INLINE AVIATION GROUP, NY unveiled UpAssist maintenance and comprehensive support program for general aviation aircraft, featuring AOG assistance, parts procurement, 24/7 technical support, records management, and QC oversight.
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AERO CONTROLS

Oct 09, 2024
AERO CONTROLS, WA acquired ex-Airwork 737-300BDSF (25264) for part out; aircraft is equipped with ANCRA CLS.
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H.I.G. CAPITAL

Oct 09, 2024
H.I.G. CAPITAL purchased STS AVIATION GROUP from Greenbriar Equity Group; executive team will remain in place.
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TARMAC AEROSAVE

Oct 09, 2024
TARMAC AEROSAVE inaugurated new €15m, 8,000 sq meter hangar at Teruel, Spain to accommodate the A380, as well as up to four A320s (SPNWS; September 27). It now has four hangars at Teruel, two in Tarbes and one in Toulouse.
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EFW

Oct 09, 2024
EFW inducted Global Airlines' A380 (120) at Dresden for extensive maintenance under previously announced multi-million Euro deal (SPNWS; Sept 27); it will then undergo an interior overhaul (site TBA) to return to service in 2025.
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GMF AEROASIA

Oct 09, 2024
GMF AEROASIA completed maintenance check on 747-400BDSF (25777) for Asiana, its first project for airline.
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POS AVIATION ENGINEERING SERVICES

Oct 09, 2024
POS AVIATION ENGINEERING SERVICES was selected by Scoot to provide 787/Trent 1000 technical support.
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BROWARD AVIATION SERVICES

Oct 11, 2024
BROWARD AVIATION SERVICES acquired ex-Southwest 737-700 (28013) from Aero Capital Solutions for part out in Marana.
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JCB AERO (AMAC Aerospace Group)

Oct 11, 2024
JCB AERO (AMAC Aerospace Group) opened refurbished, 5,000 sq meter narrowbody MRO hangar at Auch, France.
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OASES

Oct 11, 2024
OASES, UK formed partnership with KeepFlying to integrate AI technology into its MRO software platform for CAMO and other functionalities.

Who’sNews

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WHO'SNEWS: RH AERO SYSTEMS

Oct 08, 2024
Anthony Turner to President of RH Aero Systems (Rhinestahl and HYDRO Systems), Mason, OH.
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WHO'SNEWS: JETCRAFT

Oct 08, 2024
Anna Gulbas to Sales Director-Italian, Scandinavian, Eastern European, and Baltic regions of Jetcraft, London.
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WHO'SNEWS: WHEELS UP

Oct 09, 2024
Meaghan Wells to Executive Vice President of Enterprise Planning and Strategy of Wheels Up.
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WHO'SNEWS: LOCKHEED MARTIN

Oct 09, 2024
Chauncey McIntosh to VP and General Manager-F-35 Lightning II Program, based in Fort Worth, of Lockheed Martin (effective December 1).
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WHO'SNEWS: PENTAGON 2000 SOFTWARE

Oct 11, 2024
Guy Danon to Managing Director Europe, based in Paris, of Pentagon 2000 Software.
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WHO'SNEWS: SKYRYSE

Oct 11, 2024
Jerry Meyer to Chief Marketing Officer of Skyryse, El Segundo, CA.