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Aerospace

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SAFRAN

Dec 02, 2024
SAFRAN inaugurated 3,000 sq meter BeCOVER compressor test center in Liège, Belgium and new LEAP fan/turbine assembly line as part of the extension of its 26,000 sq meter Safran Aircraft Engines Mexico plant in Querétaro.
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EVE

Dec 02, 2024
EVE secured another US$35m in funding from Brazil’s National Development Bank (BNDES) for continued eVTOL development, following US$92.5m line of credit secured in 2022, plus recent US$50m investment from Citibank.
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IFS

Dec 02, 2024
IFS was selected by Czech Republic's AERO Vodochody AEROSPACE to provide IFS Cloud to drive process optimization and increase throughput.
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PENTAGON 2000 SOFTWARE

Dec 02, 2024
PENTAGON 2000 SOFTWARE has released Available-to-Promise module to provide advanced inventory managementfor aerospace/defense firms.
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YAKOVLEV

Dec 02, 2024
YAKOVLEV developed an electronic flight manual for the Sukhoi SSJ100.
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GULFSTREAM AEROSPACE

Dec 02, 2024
GULFSTREAM AEROSPACE added fully-outfitted G800 to test fleet, joining two other aircraft in program.
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AURA AERO

Dec 03, 2024
AURA AERO completed first flight of its 2-seat, all-electric INTEGRAL E.
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JOBY

Dec 03, 2024
JOBY received FAA approval for its Part 141 Flight Academy for its eVTOL.
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VSE

Dec 03, 2024
VSE completed previously announced acquisition of KELLSTROM AEROSPACE GROUP, FL from AE Industrial Partners for $185m cash/$20m stock, expanding its presence in the commercial aircraft engine aftermarket (SPNWS; Oct 18).
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NEPTUNE AVIATION SERVICES

Dec 03, 2024
NEPTUNE AVIATION SERVICES has selected the A319 as new platform for aerial firefighting, replacing BAe 146; it has begun converting first aircraft in partnership with AEROTEC & CONCEPT (an Expleo Company) for 2027.
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BAA TRAINING FRANCE

Dec 03, 2024
BAA TRAINING FRANCE certified new CAE-built A320 full flight simulator at its training center near Paris Orly; it now has two, plus a 737NG and 747.
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NIAR

Dec 05, 2024
NIAR (Wichita State) was selected by SNC as partner to modernize two 747-8s to replace USAF's E-4Bs; team also includes Collins Aerospace, GE Aerospace, Greenpoint Technologies, Lockheed Martin Skunk Works and Rolls-Royce.
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KOMY

Dec 05, 2024
KOMY completed installation of its mirrors inside galley cabinets of entire fleet of 158 aircraft for Korean Air.
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MOLEX

Dec 05, 2024
MOLEX has acquired AIRBORN, TX (military-grade connectors, cables and electronic assemblies) to create new division to drive expansion into aerospace and defense, space exploration, commercial air and other industry sectors.
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CORRUM CAPITAL MANAGEMENT

Dec 05, 2024
CORRUM CAPITAL MANAGEMENT closed single-asset continuation fund to continue its partnership with AVAIR, AZ.
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DEUTSCHE AIRCRAFT

Dec 05, 2024
DEUTSCHE AIRCRAFT began building €100m, 60,500 sq meter D328eco final assembly facility at Leipzig/Halle for 2026.
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SURF AIR MOBILITY

Dec 05, 2024
SURF AIR MOBILITY took delivery of first four Cessna Grand Caravan EXs (two leased from ITC-AeroLeasing) to support development with TEXTRON AVIATION of an electric propulsion system for the aircraft. It owns Surf Air, Southern Airways and Mokulele Airlines.
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LILIUM

Dec 05, 2024
LILIUM secured binding sales agreement from THE AMBITIOUS GROUP for eight Lilium Jets, plus six options, for eVTOL operations out of Marbella and Amsterdam; it now has 108 firm orders, 82 options, and nearly 600 aircraft under MOU and says KPMG-led M&A process for financial restructuring is continuing while it pushes towards first manned flight.
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LUFTHANSA AVIATION TRAINING

Dec 05, 2024
LUFTHANSA AVIATION TRAINING says current upgrade program for its 21 European-based full-flight simulators is progressing towards units in Vienna, Frankfurt, Munich, and Essen, following start in Zurich and Berlin.
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CFM INTERNATIONAL

Dec 05, 2024
CFM INTERNATIONAL is projecting y-o-y increase of 15-20% in LEAP deliveries to 1,625-1,700 in 2025 vs 1,400 in 2024.

Air Transport

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AIR TRANSAT

Dec 02, 2024
AIR TRANSAT plans June 20 to begin weekly seasonal Montreal-Valencia, Spain (A321LR).
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SAS

Dec 02, 2024
SAS signed SEK740m, long-term deal with Sunweb to operate A320neo charter flights out of Denmark and Sweden.
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MALAYSIA AIRLINES

Dec 02, 2024
MALAYSIA AIRLINES took delivery of its first (2080) of 20 Trent-powered A330-900s under previously announced agreement to sell/leaseback 10, plus lease 10 others, from Avolon for delivery through 2028 (SPNWS; Aug 19, 2022).
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ETIHAD

Dec 02, 2024
ETIHAD plans to begin Abu Dhabi-Nairobi on December 15 and -Tunis/-Algiers/-Al Alamein in 2025.
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AIRASIA X

Dec 02, 2024
AIRASIA X earned RM76.2m in 3Q24 (vs RM132.1m in 3Q23) on 23% higher revenues; it has 18 A330s (16 operational) with 19th due in 1H25. AIRASIA X THAILAND earned RM55m on 5% higher revenues with eight A330s (six operational).
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VOLARIS

Dec 02, 2024
VOLARIS, Mexico sold new GTF-powered A320neo (12181) to BBAM and leased it back.
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NORSE ATLANTIC

Dec 02, 2024
NORSE ATLANTIC has $462m contract to wet-lease six 787s (two from Feb 2025 and four from Sept 2025) to an unidentified airline; deal entitles Norse to receive payment for 350 block hours per aircraft per month.
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LUFTHANSA and ITALIAN MEF

Dec 02, 2024
LUFTHANSA and ITALIAN MEF received EU approval to acquire Italy's ITA AIRWAYS in deal that calls for easyJet, IAG and Air France-KLM (as suitable remedy takers) to assume some short-/long-haul routes and slots at Milan Linate.
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TRUENOORD

Dec 02, 2024
TRUENOORD purchased seven ATR 72-600s, leased to AIR SERBIA (4), EMERALD (2) and OLYMPIC AIR (1), from GOAL.
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AVOLON

Dec 02, 2024
AVOLON extended (by 2.5 years to October 2028) and upsized (by US$1b to US$5.8b) its unsecured revolving credit facility from syndicate of 25 banks. It has now raised US$12b in new capital (75% from unsecured sources) in 2024.
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AIR FRANCE

Dec 02, 2024
AIR FRANCE sold one A350-900 (674) to CDB Aviation and leased it back.
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HONG KONG AIRLINES

Dec 02, 2024
HONG KONG AIRLINES plans January 18 to resume twice-weekly Hong Kong-Vancouver, Canada (A330).
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AIR CANADA

Dec 02, 2024
AIR CANADA plans in 2Q24 to begin Vancouver-Tampa, FL, plus seasonal -Raleigh-Durham, NC/-Nashville (A320).
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QANTAS

Dec 02, 2024
QANTAS announced its first A321XLR entered final assembly in Hamburg for delivery in April 2025. It has 28 on order.
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TURKISH AIRLINES

Dec 02, 2024
TURKISH AIRLINES leased ex-Nordwind A330-300 (1370) with CF6s from CDB Aviation.
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POSTE AIR CARGO

Dec 02, 2024
POSTE AIR CARGO, Italy leased 737-800BCF (34684; ex-Go2Sky) from BBAM.
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NORSE ATLANTIC

Dec 02, 2024
NORSE ATLANTIC secured NOK165.8m in new capital through equity and debt investment by B T Larsen & Co (BTLCo).
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AEROFLOT

Dec 03, 2024
AEROFLOT agreed to wet-lease three A330s from iFLY starting late December for domestic operations out of Moscow.
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HONG KONG AIRLINES

Dec 03, 2024
HONG KONG AIRLINES acquired A330-300 (1849) with Trents from sister airline Tianjin Airlines; second (1840) is expected.
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ANIMAWINGS

Dec 03, 2024
ANIMAWINGS plans March 2 to begin twice-weekly Stockholm Arlanda-Bucharest (A320).
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CATHAY PACIFIC

Dec 03, 2024
CATHAY PACIFIC plans to begin Hong Kong-Munich on June 16 and -Brussels on August 3 (A350-900).
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TUI AIRWAYS

Dec 03, 2024
TUI AIRWAYS agreed to sell 14 737-8s to BOC Aviation for leaseback upon delivery in 2025/2026.
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KOREAN AIR

Dec 03, 2024
KOREAN AIR is expected to rebrand all of its LCCs as JIN AIR after completing merger with Asiana Airlines.
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AIRSIAL

Dec 03, 2024
AIRSIAL, Pakistan agreed to lease two A320-200s (TBA) from AerCap on top of two from BOC Aviation planned for 1H25.
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TURKISH AIRLINES

Dec 05, 2024
TURKISH AIRLINES began four-times-weekly Istanbul-Sydney, Australia (A350-900).
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IATA

Dec 05, 2024
IATA reports y-o-y global pax traffic rose 7.1% in October on 6.1% higher capacity; cargo rose 9.8%.
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EVE AIR MOBILITY

Dec 05, 2024
EVE AIR MOBILITY has LOI from US-based HELICOPTERS for 50 eVTOLs in deal that includes access to Eve TechCare.
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AVOLON

Dec 05, 2024
AVOLON priced offering of US$1.5b in senior unsecured notes for general corporate purposes and repayment of debt.
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PORTER AIRLINES

Dec 05, 2024
PORTER AIRLINES agreed to sell three Dash 8-400s (4278/4279/4282) to KGAL for leaseback; GOAL will manage aircraft.
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TEXEL AIR AUSTRALASIA

Dec 05, 2024
TEXEL AIR AUSTRALASIA completed the first extended operations (ETOPS) flight with a 737-800BCF.
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AVELO

Dec 05, 2024
AVELO plans in 2025 to add two new bases at Charlotte/Wilmington, NC; it will be basing five 737NGs in North Carolina.
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SPIRIT AIRLINES

Dec 05, 2024
SPIRIT AIRLINES sold GTF-powered A321neo (12335) to Air Lease Corporation and leased it back.
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EMIRATES

Dec 05, 2024
EMIRATES purchased A380-800 (110) off-lease from Doric Nimrod Air Two, which realized net proceeds of £30.7m.
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TAP AIR PORTUGAL

Dec 05, 2024
TAP AIR PORTUGAL plans May 16 to begin three-times-weekly Lisbon-Los Angeles (A330-900).
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GARUDA INDONESIA

Dec 05, 2024
GARUDA INDONESIA leased ex-Fly Baghdad 737-800 (30141) from DAE Capital.
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AIR FRANCE-KLM

Dec 05, 2024
AIR FRANCE-KLM and SAUDIA signed MOU to cooperate in pax transport (between France, the Netherlands and Saudi Arabia) and aircraft/engine MRO. AFI KLM E&M will provide minimum of 50% of GE90 maintenance work for Saudia, including localizing module assembly and disassembly, and explore a joint venture with SAUDIA TECHNIC for GEnxs.
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AIR CANADA

Dec 05, 2024
AIR CANADA plans April 2 to begin Vancouver-Manila, The Philippines (787).
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VIRGIN AUSTRALIA

Dec 05, 2024
VIRGIN AUSTRALIA leased second ex-REX 737-800 (37822) from Aero Capital Solutions.
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VUELING

Dec 05, 2024
VUELING leased ex-Alaska/Virgin America A320-200 (4959) with CFM56s from Carlyle Aviation Partners.
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BERNIQ AIRWAYS

Dec 05, 2024
BERNIQ AIRWAYS, Libya leased ex-Middle East Airlines A330-200 (926) with Trent 700s (expected) for cargo operations.
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US DOT

Dec 05, 2024
US DOT reports US airline fuel cost was $2.29/gallon in October vs $2.33 in Sept 2024; y-o-y consumption fell 0.6%.

Business Aviation

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GAMA

Dec 02, 2024
GAMA says manufacturers delivered 794 general aviation aircraft (179 business jets/155 turboprops/460 pistons) worth $5.96b in 3Q24 vs 735 (159 jets/149 turboprops/427 pistons) worth $5.25b in 3Q23; helicopter billings rose 23%.
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HONEYWELL

Dec 03, 2024
HONEYWELL was selected by Bombardier as partner to develop and supply new advanced avionics, propulsion and SATCOM technologies for future aircraft; program, which also includes working together to certify JetWave X for Globals and Challengers, is valued at $17b. Additionally, all legacy pending litigation between companies has been resolved.
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PARADIGM JET MANAGEMENT

Dec 03, 2024
PARADIGM JET MANAGEMENT was selected by Premier Air Charter to manage/operate charters for its newly acquired GIV.
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GOGO

Dec 05, 2024
GOGO completed acquisition of SATCOM DIRECT to create single multi-orbit, multi-band, inflight connectivity provider. It paid $375m in cash and issued 5m shares of stock and could pay another $225m tied to performance thresholds.
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EXECUJET HAITE

Dec 05, 2024
EXECUJET HAITE expanded its FAA certificate to include base maintenance checks up to and including 96-month checks on G450, G550 and G650; it was also approved by FAA to perform 144-month inspections on the Embraer Lineage 1000.
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SKYSERVICE BUSINESS AVIATION

Dec 05, 2024
SKYSERVICE BUSINESS AVIATION, Canada was named an authorized dealer for Starlink inflight connectivity system.

Defense

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EMBRAER

Dec 05, 2024
EMBRAER has Brazilian Air Force contract to expand capabilities of C-390 Millennium platform to include ISR missions, with focus on Maritime Patrol.
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EMBRAER

Dec 05, 2024
EMBRAER has R$147m million contract with Financiadora de Estudos e Projetos (Finep) to continue development of the SABER M200 Multimission radar, with IFF system, for medium-altitude air defense, surveillance and military aircraft.
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JOBY

Dec 05, 2024
JOBY completed eVTOL maintenance training program with USAF.

MRO

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FL TECHNICS

Dec 02, 2024
FL TECHNICS (Avia Solutions Group) opened 17,000 sq meter, 6-bay narrowbody MRO facility in Bali, Indonesia.
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QATAR AIRWAYS

Dec 02, 2024
QATAR AIRWAYS was authorized by Honeywell to repair HGT1700 APUs (for A350s); it is targeting first unit in 2028.
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BRITT METAL PROCESSING

Dec 02, 2024
BRITT METAL PROCESSING (Jets MRO) expanded its capabilities at Miami to add repair services (fabrication, welding, heat treatment and specialized coatings) for metallic components for the commercial/military/business jet segments.
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LIEBHERR-AEROSPACE

Dec 02, 2024
LIEBHERR-AEROSPACE joined Digital Alliance (of Airbus, Delta TechOps and GE Aerospace) to provide predictive maintenance recommendations for Airbus aircraft to airlines via Airbus' Skywise Core X3 analytics platform.
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AELS

Dec 03, 2024
AELS, The Netherlands acquired ex-Transavia 737-700 (29347) for part out at Twente Airport.
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AELS

Dec 03, 2024
AELS, The Netherlands acquired ex-Transavia 737-700 (29347) for part out at Twente Airport.
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FL TECHNICS

Dec 03, 2024
FL TECHNICS is now conducting an engine inspection at Bali on an A320 for THAI SMARTLYNX, which is being launched by Avia Solutions Group in 1Q25.
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LUFTHANSA TECHNIK

Dec 03, 2024
LUFTHANSA TECHNIK extended deal with Norwegian for 737 heavy maintenance, including 120 scheduled checks.
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STANDARDAERO

Dec 05, 2024
STANDARDAERO was certified by Indian DGCA for OEM-authorized PW127M maintenance/repair/overhaul at Gonesse, France.

Who’sNews

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WHO'SNEWS: CHAPMAN FREEBORN

Dec 02, 2024
Linas Dovydenas to President-India, Middle East & Africa (IMEA) of Chapman Freeborn, UK.
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WHO'SNEWS: JETPORT

Dec 02, 2024
Troy Stephens to President of Jetport, Canada.
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WHO'SNEWS: JSSI

Dec 03, 2024
Carly Anderson to Chief Legal Officer, General Counsel, and Chief Strategy Officer of JSSI, Chicago.
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WHO'SNEWS: MUIRHEAD AVIONICS

Dec 05, 2024
Ramey Jamil to Engineering Director of Muirhead Avionics, UK.
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WHO'SNEWS: MUIRHEAD AVIONICS

Dec 05, 2024
Jules Roberts to Customer Services Manager of Muirhead Avionics, UK.
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WHO'SNEWS: METROJET

Dec 05, 2024
Dave Yip to Acting Chief Executive Officer of Metrojet, Hong Kong; Gary Dolski is retiring at end of year.
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WHO'SNEWS: LUFTHANSA AIRLINES

Dec 05, 2024
Jens Ritter, Chief Executive Officer of Lufthansa Airlines, will take over responsibility for operations at Munich, Germany.
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WHO'SNEWS: LUFTHANSA AIRLINES

Dec 05, 2024
Klaus Froese, Chief Operations Officer & Accountable Manager of Lufthansa Airlines, will assume responsibility for operations at Frankfurt.