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Aerospace

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SATAIR

Nov 18, 2024
SATAIR (Airbus) signed MOU to extend multi-year, exclusive distribution deal with Champion Aerospace for its igniters, exciters and ignition leads.
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CFM INTERNATIONAL

Nov 18, 2024
CFM INTERNATIONAL announced SalamAir order at Bahrain Air Show to supply spare LEAP-1As for its A321neos.
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MHI RJ AVIATION GROUP

Nov 18, 2024
MHI RJ AVIATION GROUP has SkyWest order to supply 60 kits to convert CRJ700s to CRJ550s.
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NASA

Nov 18, 2024
NASA issued contracts totaling $11.5m (under Phase 1 of Advanced Aircraft Concepts for Environmental Sustainability (AACES) 2050 project) to Aurora Flight Sciences (Boeing), Electra.aero, JetZero, Pratt & Whitney and Georgia Tech to study and define sustainable concepts and technologies for new commercial aircraft that could enter service by 2050.
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DAWN AEROSPACE

Nov 18, 2024
DAWN AEROSPACE, New Zealand completed supersonic (Mach 1.1) flight of Aurora rocket-powered aircraft, designed to fly to edge of space (100 km altitude) twice in a single day, reaching speeds of Mach 3.5 during ascent and re-entry.
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RECARO

Nov 20, 2024
RECARO was selected by Finnair to supply R1/R2 seats for 12 100-pax E190s being refurbished (SPNWS; November 1).
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TEX-TECH INDUSTRIES

Nov 20, 2024
TEX-TECH INDUSTRIES, NC agreed to purchase FIBER MATERIALS, ME/RI (high-temp materials/reinforced composites) from Spirit AeroSystems for $165m. FMI's products are installed on critical defense platforms and NASA programs.
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ALTISKY

Nov 20, 2024
ALTISKY, TN was selected by VoltAero as partner to provide assembly/sales/training/maintenance in North America for its Cassio electric-hybrid aircraft family out of new 30,000 sq ft assembly facility/delivery center in US (site TBA).
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GE AEROSPACE

Nov 20, 2024
GE AEROSPACE inaugurated 60,000 sq ft Services Technology Acceleration Center (STAC) for advancing inspection technologies and repair processes.
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GE AEROSPACE

Nov 20, 2024
GE AEROSPACE was selected by US DoE to lead project in collaboration with Boeing, NASA and Oak Ridge National Lab to study performance of an installed (mounted on a wing in simulated flight conditions) Open Fan engine design.
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GA TELESIS

Nov 20, 2024
GA TELESIS launched new Digital Innovation and R&D Center in Ankara for development of its aerospace digital twin WILBUR product and AI initiatives.
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PAN AM FLIGHT ACADEMY

Nov 20, 2024
PAN AM FLIGHT ACADEMY acquired Thales-built Level D 737-700 full-flight simulator for installation at its Miami Training Center in Axis Park.
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BAE SYSTEMS

Nov 20, 2024
BAE SYSTEMS was selected by JetZero to supply active control sidesticks for its blended-wing body aircraft.
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TECUM EQUITY

Nov 20, 2024
TECUM EQUITY acquired equity stake in KADON PRECISION AND AEROSPACE, Rockford, IL (precision manufacturing).
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AEROVIRONMENT

Nov 20, 2024
AEROVIRONMENT agreed to acquire BLUEHALO, VA (space technologies/cUAS/EW/AI) in an all-stock deal valued at $4.1b; AV will issue 18.5m shares of its common stock to BlueHalo stakeholders, including Arlington Capital Partners.
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ABLE AEROSPACE

Nov 22, 2024
ABLE AEROSPACE received FAA approval for its new Safety Management System (SMS) implementation plan to support aircraft maintenance and aircraft component maintenance out of its 250,000 sq ft facility in Mesa, AZ.
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BOEING

Nov 22, 2024
BOEING says it is at a low and cannot again tap investors for money to boost its balance sheet. It is now burning through billions of dollars, won't turn cash-flow positive until it ramps up production, and doesn't have money to launch a new jet.
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ACERINOX

Nov 22, 2024
ACERINOX, Spain acquired HAYNES INTERNATIONAL, IN (advanced high-performance alloys) and combined company with VDM Metals to form its High-Performance Alloys (HPA) Division for which it will invest ~$200m through 2028.
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VSE

Nov 22, 2024
VSE moved its corporate headquarters to Miramar, FL, to be co-located with its Aviation segment headquarters and MRO center of excellence.

Air Transport

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T'WAY AIR

Nov 18, 2024
T'WAY AIR leased ex-SmartLynx A330-300 (1533) with Trent 700s from DAE Capital.
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PHILIPPINE AIRLINES

Nov 18, 2024
PHILIPPINE AIRLINES has acquired an additional 777-300ER (29147; ex-Garuda) with GE90s and now has 10.
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CAMEX AIRLINES

Nov 20, 2024
CAMEX AIRLINES, Georgia leased ex-Northern Air Cargo 767-300BDSF (25451) from Cargo Aircraft Management.
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ALLEGIANT

Nov 20, 2024
ALLEGIANT announced 44 new nonstop routes, including 11 to three new cities (Gulf Shores, AL; Colorado Springs; and Columbia, SC), starting in 1H25. It will then serve 51 destinations with A320 Family aircraft (later 737 MAXs).
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EXPRESS CARGO AIRLINES

Nov 20, 2024
EXPRESS CARGO AIRLINES, Indonesia acquired ex-RGA 737-300SF (28200) from TM Aircraft and now has two.
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ETHIOPIAN AIRLINES

Nov 20, 2024
ETHIOPIAN AIRLINES is putting off potential double-digit order for E2-Jets or A220s until GTF issues are resolved.
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TSA

Nov 20, 2024
TSA is projecting record 18.3m screenings over 7-day Thanksgiving travel period (Nov 26-Dec 2), up 6% vs a year ago.
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FRONTIER AIRLINES

Nov 20, 2024
FRONTIER AIRLINES announced 16 new routes, including restart to Tucson, Reno and Antigua and Barbuda, starting in 1Q25.
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AVELO AIR

Nov 20, 2024
AVELO AIR leased ex-GOL 737-800 (35836) from Carlyle Aviation Partners.
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CARGOJET AIRWAYS

Nov 20, 2024
CARGOJET AIRWAYS damaged nose landing gear of 767-300BDSF (25576) from runway overrun at Vancouver, BC.
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FRANKFURT AIRPORT

Nov 20, 2024
FRANKFURT AIRPORT handled 5.7m pax in October, up 0.3% vs October 2023, but still down 11.6% from October 2019; y-o-y cargo increased 3.8%.
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AVELO AIRLINES

Nov 20, 2024
AVELO AIRLINES began twice-weekly Hartford, CT-Cancun, Mexico (737), its second international destination.
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PHOENIX AVIATION CAPITAL

Nov 20, 2024
PHOENIX AVIATION CAPITAL acquired 787-9 (40646; leased to AMERICAN) with GEnx-1Bs from ORIX Aviation.
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AIR PANAMA

Nov 20, 2024
AIR PANAMA purchased two ex-Horizon Air Dash 8-400s (4358/4363) from Jetcraft Commercial.
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ROYAL JORDANIAN

Nov 20, 2024
ROYAL JORDANIAN plans mid-March to begin twice-weekly Amman-Washington Dulles (787).
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AEROITALIA

Nov 20, 2024
AEROITALIA plans March 23 to begin Rome Fiumicino-Brno (737-800).
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AVATION

Nov 20, 2024
AVATION secured $85m portfolio financing facility with a major international bank for refinancing some of its portfolio.
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ETIHAD AIRWAYS

Nov 20, 2024
ETIHAD AIRWAYS converted option for three A350Fs to firm orders. It now has 10 on order for delivery starting 2026.
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PAKISTAN GOVT

Nov 20, 2024
PAKISTAN GOVT has reportedly rejected bid from consortium led by Blue World City to acquire 60% stake in PAKISTAN INTERNATIONAL AIRLINES (PIA) for PKR10b (US$36.11m); Blue World City was the sole bidder.
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DUBAI INTERNATIONAL AIRPORT

Nov 20, 2024
DUBAI INTERNATIONAL AIRPORT is projecting record 91.9m pax in 2024.
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INDIGO

Nov 20, 2024
INDIGO leased ex-Ultra Air A320-200 (4399) with CFM56s from Macquarie AirFinance.
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NORDIC AVIATION GROUP

Nov 22, 2024
NORDIC AVIATION GROUP filed bankruptcy and shut down NORDICA (one A320-200) and XFLY (eight CRJs/five ATRs).
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FLYBONDI

Nov 22, 2024
FLYBONDI, Argentina wet-leased (ACMI) two A320-200s from Avion Express to operate through end of March 2025.
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COPA

Nov 22, 2024
COPA had US$146m net income in 3Q24 (vs US$187.4m in 3Q23) on 1.5% lower revenues. It has 110 737s (33 MAXs).
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ASTRAL AVIATION

Nov 22, 2024
ASTRAL AVIATION, Kenya took delivery of ex-Alaska 737-400F (27082) from Avmax Aircraft Leasing (SPNWS; June 21).
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ALLEGIANT

Nov 22, 2024
ALLEGIANT amended 737 MAX delivery schedule with Boeing (for 50 aircraft ordered in 4Q21) to reduce deliveries in 2024 and 2025; it will now take delivery of all 50 firm aircraft by the end of 2027 vs end of 2025 in original agreement.
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ALL NIPPON AIRWAYS

Nov 22, 2024
ALL NIPPON AIRWAYS has agreed to be among first airlines to operate out of new Terminal 6 at JFK from 2026.
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UPS

Nov 22, 2024
UPS had $1.5m net income in 3Q24 (vs $1.1b in 3Q23) on 5.6% higher revenues. It ended quarter with five aircraft temporarily idled for an average period of six months, which are expected to return to revenue service in 4Q24.

Business Aviation

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CLAY LACY AVIATION

Nov 18, 2024
CLAY LACY AVIATION broke ground on 14-acre FBO facility at Southern California's John Wayne Airport to include 41,800 sq ft pax terminal/office facility and four hangars totaling 145,000 sq ft. It also opened new 120,000 sq ft hangar at Connecticut's Waterbury-Oxford and secured lease to establish FBO on 10-acre site at Idaho's Friedman Memorial.
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SRAI

Nov 20, 2024
SRAI (SomeraRoad) acquired QUAIL AIR CENTER with 37 hangars (268,000 sq ft) at Harry Reid Las Vegas International.
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GLOBAL JET CAPITAL

Nov 20, 2024
GLOBAL JET CAPITAL reports y-o-y business jet flight operations dropped 1.3% in 3Q24, but 1% above 2Q24 levels.
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JEFFERIES

Nov 22, 2024
JEFFERIES reports used business jets for sale in November 2024 totaled 1,277 (5.2% of total fleet), up 8% vs a year ago.

Defense

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TEXTRON AVIATION

Nov 20, 2024
TEXTRON AVIATION delivered first of two King Air 360CHWs to PERUVIAN AIR FORCE for MEDEVAC operations.
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SKYALYNE

Nov 20, 2024
SKYALYNE ordered 23 Grob G 120TPs for the Royal Canadian Air Force (RCAF) Future Aircrew Training (FAcT) program.
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GOVT OF ROMANIA

Nov 22, 2024
GOVT OF ROMANIA confirmed intent to procure 32 5th Gen F-35s from LOCKHEED MARTIN via US Govt FMS deal.
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FOKKER SERVICES GROUP

Nov 22, 2024
FOKKER SERVICES GROUP was selected by Embraer to supply extended mod package, including turnkey engineering, certification and modification services, to prepare RNLAF C-390s for NATO operations. Additionally, NLR will develop aircraft maintenance technologies, and MULTISIM will develop virtual training in collaboration with RHEINMETALL.

Defense/MRO

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WZL2

Nov 22, 2024
WZL2 was selected by Pratt & Whitney to provide F100 maintenance for Polish Air Force F-16s and (if selected) F-15EXs.

MRO

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AELS

Nov 18, 2024
AELS, The Netherlands acquired ex-Air France A330-200 (448) for part out by TARMAC AEROSAVE at Tarbes, France.
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GULF AIR

Nov 18, 2024
GULF AIR secured MOU from Joramco to help develop its A320 and 787 MRO services at Bahrain International Airport.
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HAECO LANDING GEAR SERVICES

Nov 18, 2024
HAECO LANDING GEAR SERVICES secured commitment from Liebherr-Aerospace to support its C909 landing gear overhauls; deal builds on existing E190 agreement, whereby companies recently celebrated completion of 100th shipset.
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FL TECHNICS INDONESIA

Nov 20, 2024
FL TECHNICS INDONESIA was approved by Malaysia to maintain A321s, 737-800s and 737-400s at Jakarta and Bali.
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STANDARDAERO

Nov 20, 2024
STANDARDAERO completed its 4,000th MRO workscope on CF34-3/-8.
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LUFTHANSA TECHNIK

Nov 22, 2024
LUFTHANSA TECHNIK expanded its Total Component Support program with SWISS to include A350-900s from 2025.
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AVIANOR

Nov 22, 2024
AVIANOR (affiliate of DRAKKAR) secured C$7.6m loan from Canada Economic Development for Quebec Regions (CED) to build $70m, 105,000 sq ft A220 maintenance facility (four lines) at Montreal-Mirabel (SPNWS; June 23, 2023).

Who’sNews

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WHO'SNEWS: AIR CHARTER SERVICE

Nov 18, 2024
Scott Collier to President of Aircraft Leasing of Air Charter Service, UK.
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WHO'SNEWS: NOVUS AVIATION CAPITAL

Nov 18, 2024
Micha Glapa to Vice President of Novus Aviation Capital, UAE.
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WHO'SNEWS: GARUDA

Nov 18, 2024
Wamildan Tsani Panjaitan to Chief Executive Officer of Garuda Indonesia.
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WHO'SNEWS: WHEELS UP

Nov 20, 2024
Jill Greer to Executive Vice President-Investor Relations and Sustainability of Wheels Up, Atlanta.
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WHO'SNEWS: SEAN DUFFY

Nov 20, 2024
Sean Duffy was selected by President-elect Donald Trump as next Secretary of the US Department of Transportation.