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Aerospace

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GE AEROSPACE

Mar 01, 2025
GE AEROSPACE received FAA certification for new clean-sheet Catalyst advanced turboprop engine, which was designed, developed and manufactured at GE sites in Europe, including Italy (AVIO AERO), Czech Republic, Poland and Germany.
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PREMIUM AEROTEC

Mar 01, 2025
PREMIUM AEROTEC delivered first A350F side shells (Sections 16/18, incl emplacement of large cargo door) to Airbus.
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SPIRIT AEROSYSTEMS

Mar 04, 2025
SPIRIT AEROSYSTEMS lost $2.1b on $6.3b revenues in 2024 vs $633m loss on $6b in 2023; commercial revenues rose 0.9%, delivering 1,432 shipsets (268 737s) vs 1,418 (356) in 2023. It still expects merger with BOEING to close in mid-2025.
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THALES AEROSPACE

Mar 05, 2025
THALES AEROSPACE earned €391m on 5.4b sales in 2024 vs €369m on 5.2b in 2023; y-o-y order intake rose 15%.
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ITP AERO

Mar 05, 2025
ITP AERO opened €24m ADMIRE manufacturing/development center at Zamudio, Spain to focus on 3D printing, advanced casting, repair and welding and AI to meet future engine demand and drive sustainable aviation.
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KUEHNE+NAGEL

Mar 05, 2025
KUEHNE+NAGEL inaugurated 3,000 sq meter custom-designed hub in Dubai for delivering Rolls-Royce engines.
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MUIRHEAD

Mar 05, 2025
MUIRHEAD, Scotland unveiled patented BioPRO Foam fire-resistant, protein-based aircraft seat biofoam, made with hydrolysed collagen.
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AAR

Mar 05, 2025
AAR added distribution support of select Unison parts under its Supplier Capabilities Contract with Defense Logistics Agency (DLA) Aviation.
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DUCOMMUN

Mar 05, 2025
DUCOMMUN had $31.5m net income on $786.5m revenues (43.2% Structural Systems) in 2024 vs $15.9m on $757m in 2023.
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AAR

Mar 05, 2025
AAR signed an exclusive distribution and license agreement for PMA-approved PW4000 HPT blades manufactured by Chromalloy's BELAC.
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JETZERO

Mar 05, 2025
JETZERO, CA secured DELTA AIR LINES as partner to further develop its blended-wing-body (BWB) aircraft design, including the interior, for commercial airline operations; first flight of Air Force demonstrator aircraft in 2027.
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KELLSTROM AEROSPACE

Mar 05, 2025
KELLSTROM AEROSPACE was selected by Kulite Semiconductor Products as exclusive global aftermarket distributor of its pressure transducers.

MAGELLAN AEROSPACE AND AEQUS

Mar 07, 2025
MAGELLAN AEROSPACE and AEQUS signed MOU to explore development of business plan for setting up a 50/50 jointly-owned aerospace sand casting facility situated at the Belagavi Aerospace Cluster (BAC), in Karnataka, India.

RTX

Mar 07, 2025
RTX secured three agreements with JetZero to supply key systems for BWB full-scale demonstrator; PRATT & WHITNEY will integrate PW2040 engine and APS3200 APU and COLLINS will provide nacelle and propulsion mounting structure.

VOLOCOPTER

Mar 07, 2025
VOLOCOPTER, Germany filed for bankruptcy as it continues to negotiate funding from an unidentified investor.

AERODYNAMIC ADVISORY

Mar 07, 2025
AERODYNAMIC ADVISORY estimates cost of newly imposed tariffs on US aerospace industry will be about $5.6b, with Canadian ($2.5b) and Mexican ($2b) tariffs by far most damaging; this number should be considered the floor.

Air Transport

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IAG

Mar 01, 2025
IAG had €392m net income on €8b revenues in 4Q24 vs €504m on €7.2b in 4Q23; and €2.73b net profit on €32.1b in 2024 vs €2.66b on €29.5b in 2023. It now has 601 aircraft (396 short-/205 long-haul) vs 582 a year ago. BRITISH AIRWAYS earned €2.4b vs €1.6b; IBERIA €867m vs €940m; VUELING €400m vs €396m; AER LINGUS €205m vs €225m.
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AIRASIA X

Mar 01, 2025
AIRASIA X had RM229.1m net income in 2024 (vs RM336.5m in '23) on 28% higher revenues. It has 18 A330s (17 active).
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FRONTIER AIRLINES

Mar 01, 2025
FRONTIER AIRLINES plans to begin Atlanta-Aruba on May 24 and -San Pedro Sula, Honduras on June 12 (A320).
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EUROWINGS

Mar 01, 2025
EUROWINGS plans November 3 to begin three-times-weekly Berlin Brandenburg-Abu Dhabi (A320).
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AVIA SOLUTIONS GROUP

Mar 01, 2025
AVIA SOLUTIONS GROUP announced that AVION EXPRESS BRASIL received its AOC to launch ACMI operations in 1Q25 with A320s; it plans to operate 10 by end of 2025 and 25 by 2027/2028. Australia's SKYTRANS received AOC to operate narrowbodies (A319) on ACMI operations.
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AIR ASTANA

Mar 04, 2025
AIR ASTANA plans June 4 to begin twice-weekly Almaty-Da Nang, Vietnam (A321LR).
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AEROGULF SERVICES

Mar 04, 2025
AEROGULF SERVICES signed LOI to purchase 50 SkyDrive eVTOLs for air mobility operations at Dubai’s Palm Jumeirah.
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NORWEGIAN

Mar 04, 2025
NORWEGIAN announced agreement to buy 10 737-800s now part of its leased fleet; deal is to close in 1Q25.
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FLYNAS

Mar 04, 2025
FLYNAS secured US$132m Murabaha financing agreement with Bank Aljazira to fund acquisition of three A320neos.
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UNITED

Mar 04, 2025
UNITED took delivery of fifth 737-9 (67624) on lease from Aviation Capital Group as part of multi-aircraft SLB deal.
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ICELANDAIR

Mar 04, 2025
ICELANDAIR took delivery of second (12259) of five GTF-powered A321LRs on lease from SMBC Aviation Capital.
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AEROMEXICO

Mar 04, 2025
AEROMEXICO took delivery of another new 737-8 (68121) on lease from Air Lease Corporation.
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AIR FRANCE

Mar 04, 2025
AIR FRANCE agreed to sell multiple A350-900s to Aviation Capital Group for leaseback; first (711) delivered.
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SPIRIT AIRLINES

Mar 05, 2025
SPIRIT AIRLINES recorded $1.23b net loss on $4.9b revenues in 2024 vs $447m loss on $5.4b in 2023; it ended year with 213 A320 Family aircraft, including 21 held for sale, serving 87 airports in US, Latin America and the Caribbean.
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AELF

Mar 05, 2025
AELF acquired A330-300 (1754; leased to SOUTH AFRICAN AIRWAYS) in deal arranged by Arena Aviation Capital.
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CPaT GLOBAL

Mar 05, 2025
CPaT GLOBAL was selected by Air Algerie to provide comprehensive pilot training suite for A330ceo/neos, 737NGs, 737 MAX, and ATR 72-500/600s.
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SURF AIR MOBILITY

Mar 05, 2025
SURF AIR MOBILITY secured agreements with six air operator beta customers to test its SurfOS AI-enabled software platform, powered by PALANTIR, for air mobility industry to increase efficiency, decrease costs, and drive productivity.
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ATSG

Mar 05, 2025
ATSG had $27.4m net income in 2024 (vs $60.3m in 2023) on 5.2% lower revenues. CAM ended year with 91 freighters out on lease (vs 90 a year ago) and another 14 767s, six A321s and three A330s in or awaiting conversion.
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7AIR CARGO

Mar 05, 2025
7AIR CARGO (Xtreme Aviation), FL secured FAA Part 121 certification to launch operations with two 737-800Fs.
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IATA

Mar 05, 2025
IATA says airline industry is going to have to re-evaluate its target of reaching net zero emissions by 2050.
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DELTA AIR LINES

Mar 05, 2025
DELTA AIR LINES plans October 25 to begin three-times-weekly Atlanta-Marrakech, Morocco (767-400ER).
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CPaT GLOBAL

Mar 05, 2025
CPaT GLOBAL was selected by Indonesia's TransNusa to provide customized Aircraft Systems courses and crew training products for A320s.
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CPaT GLOBAL

Mar 05, 2025
CPaT GLOBAL was selected by Lao Airlines to provide customized Aircraft Systems courses and crew training products for A320s and ATRs.
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FRONTIER

Mar 05, 2025
FRONTIER plans June 2 to begin Paine Field-Denver/-Las Vegas/-Phoenix and Puerto Plata, DR-San Jose, CR (A320).
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AIR PEACE

Mar 05, 2025
AIR PEACE, Nigeria wet-leased A320-200 (2975) from SmartLynx.
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AIRASIA AVIATION GROUP

Mar 05, 2025
AIRASIA AVIATION GROUP plans to take delivery of 14 new aircraft in 2025: four directly from Airbus and 10 from lessors (TBA) to join fleet of >250 jets. It says it has secured financing for it next 56 aircraft deliveries.
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SPIRIT AIRLINES

Mar 05, 2025
SPIRIT AIRLINES plans in June to begin Chattanooga-/-Columbia, SC-Fort Lauderdale/-Newark/-Orlando (A320).
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ATW

Mar 05, 2025
ATW named ALL NIPPON AIRWAYS as 2025 Airline of the Year, to be awarded May 30 in New Delhi. Other winners include CATHAY PACIFIC (Eco-Airline), SUN COUNTRY (Market Leader), SCOOT (Value Airline), CATHAY CARGO (Cargo Airline), and QATAR AIRWAYS (Humanitarian Force for Good); individual awards will be presented to Nicholas Calio and Martin Gauss.
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AIRASIA AVIATION GROUP

Mar 05, 2025
AIRASIA AVIATION GROUP plans to take delivery of 14 new aircraft in 2025, including four directly from Airbus and 10 from lessors (TBA) to join its year-end 2024 fleet of >250. It says it has secured financing for it next 56 aircraft deliveries.
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FLY VAAYU

Mar 05, 2025
FLY VAAYU, UAE took delivery of second A320P2F (2164; ex-Turkish Airlines) on lease from ST Aerospace Resources.
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SKYTRANS

Mar 05, 2025
SKYTRANS (Avia Solutions Group) acquired ex-ITA A319-100 (1740) with CFM56s for ACMI operations in Australia.
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VUELING

Mar 05, 2025
VUELING agreed to lease ex-Pacific Airlines A320-200 (7760) with V2500s from ACG; SKYTEC AEROSPACE refurbished cabin.

LUFTHANSA GROUP

Mar 07, 2025
LUFTHANSA GROUP had €550m net income on €10.4b revenues in 4Q24 vs €67m on €9.7b in 4Q23; and €1.38b net income on record €37.6b in 2024 vs €1.67b on €35.4b in 2023. Its pax airlines business segment earned €1b on €29.7b in 2024 vs €2b on €28.3b in 2023 and ended year with 735 aircraft (vs 721), with 242 on order for delivery in 2025-2032.

LUFTHANSA AIRLINES

Mar 07, 2025
LUFTHANSA AIRLINES had €116m pretax loss in 2024 (vs €866m profit in 2023) on 2% higher revenues; pax rose 7%.

SWISS

Mar 07, 2025
SWISS had €815m pretax profit in 2024 (vs €797m in 2023) on 10% higher revenues; enplanements rose 9%.

AUSTRIAN

Mar 07, 2025
AUSTRIAN had €73m pretax profit in 2024 (vs €127m in 2023) on 5% higher revenues; enplanements rose 5%.

BRUSSELS AIRLINES

Mar 07, 2025
BRUSSELS AIRLINES had €84m pretax profit in 2024 (vs €53m in 2023) on flat revenues; enplanements rose 1%.

EUROWINGS

Mar 07, 2025
EUROWINGS had €261m pretax profit in 2024 (vs €241m in 2023) on 11% higher revenues; enplanements rose 10%.

SMARTLYNX AIRLINES

Mar 07, 2025
SMARTLYNX AIRLINES (Avia Solutions Group) plans in 2025 to restructure its fleet and transition to single-type (A320 Family) operations. It ended 2024 with 68 aircraft, including 12 737s, and will also be scaling down A321F operations.

PHOENIX AVIATION CAPITAL

Mar 07, 2025
PHOENIX AVIATION CAPITAL acquired A321neo (11845; leased to INDIGO) from ORIX Aviation. AIP Capital will manage.

PHOENIX AVIATION CAPITAL

Mar 07, 2025
MY FREIGHTER, Uzbekistan took delivery of 757-200F (32386; ex-Amerijet) on lease from Titan Aviation Leasing.

AIR FRANCE-KLM GROUP

Mar 07, 2025
AIR FRANCE-KLM GROUP had €21m net loss on €7.9b revenues in 4Q24 vs €231m loss on €7.4b in 4Q23; and €489m net profit on record €31.5b revenues in 2024 vs €990m on €30b in 2023. It ended year with 574 aircraft (564 in operation).

AIR FRANCE GROUP

Mar 07, 2025
AIR FRANCE GROUP earned €980m in 2024 (vs €875m in 2023) on 3.8% higher revenues; enplanements fell 0.1%.

KLM GROUP

Mar 07, 2025
KLM GROUP earned €416m in 2024 (vs €650m in 2023) on 5.4% higher revenues; enplanements rose 8.8%.

TRANSAVIA

Mar 07, 2025
TRANSAVIA earned €3m in 2024 (vs €97m loss in 2023) on 16.4% higher revenues; enplanements rose 8.1%.

GLOBALX

Mar 07, 2025
GLOBALX had $11.5m net loss in 2024 (vs $21m loss in 2024) on 40% higher revenues. It ended year with $14m cash.

ALOULA AVIATION

Mar 07, 2025
ALOULA AVIATION, Saudi Arabia took delivery of ex-Southwest 737-800 (36919) from AerCap; second is expected.

ENDEAVOR AIR

Mar 07, 2025
ENDEAVOR AIR (Delta Connection) plans June 14 to begin Detroit-Bangor, ME (CRJ900).

INDIGO

Mar 07, 2025
INDIGO plans in July to begin services from India to Manchester, UK and Amsterdam (Norse Atlantic 787-9).

ANIMAWINGS

Mar 07, 2025
ANIMAWINGS, Romania leased ex-Kuwait Airways A320-200 (6350) with CFM56s from Macquarie AirFinance.

Business Aviation

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EXECUJET HAITE

Mar 04, 2025
EXECUJET HAITE announced its Beijing Daxing facility was certified by CAAC for business jet line/base maintenance.
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DASSAULT AVIATION

Mar 05, 2025
DASSAULT AVIATION had €1b adjusted net income on €6.2b sales in 2024 vs €886m on €4.8b in 2023; it has €43.2b backlog (79 Falcons) vs €38.5b (84) a year ago. It recorded orders for 26 Falcons (vs 23) and delivered 31 (vs 26).

ARGUS

Mar 07, 2025
ARGUS reports y-o-y global business aviation flight activity was up 1.1% in February; North America fell 2.6%.

Business Aviation/MRO

CUTTER AVIATION

Mar 07, 2025
CUTTER AVIATION completed 86,973 sq ft ramp expansion at Prescott, AZ to increase total to 239,441 sq ft.

Defense

MRO

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EIRTRADE AVIATION MAINTENANCE

Mar 01, 2025
EIRTRADE AVIATION MAINTENANCE received EASA Part-145 approval to add A319/320/321 (PW1100) and A321XLR.
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LÖDIGE INDUSTRIES

Mar 05, 2025
LÖDIGE INDUSTRIES has dnata contact to maintain various cargo/pallet handling systems at Singapore Changi, including its perishable center.
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FALCON

Mar 05, 2025
FALCON plans by 2030 to invest US$100m to upgrade its 13,700 sq meter MRO facility at Dubai's Al Maktoum International.
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ALTA

Mar 05, 2025
ALTA added FL Technics as a new member.
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JORDAN AIRMOTIVE

Mar 05, 2025
JORDAN AIRMOTIVE was selected by FTAI Aviation as partner to provide CFM56-5B maintenance/overhaul.
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MINGO AEROSPACE

Mar 05, 2025
MINGO AEROSPACE (Sunvair Aerospace Group), OK was certified by Indonesia to perform MRO services. It specializes in widebody cargo loading system component repair and HVOF thermal spray coatings and precision grinding.
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SIA ENGINEERING (PHILIPPINES)

Mar 05, 2025
SIA ENGINEERING (PHILIPPINES) completed heavy check/paint of A321-200 (6330) for Philippine Airlines at Manila.
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FLY ACROSS MRO

Mar 05, 2025
FLY ACROSS MRO, Mexico was appointed by Embraer as an authorized Phenom/Praetor service center at Toluca.

LUFTHANSA TECHNIK

Mar 07, 2025
LUFTHANSA TECHNIK earned €635m on €7.4b revenues in '24 vs €628m on €6.5b in '23; third party revenue rose 15%.

AIRBOURNE COLOURS

Mar 07, 2025
AIRBOURNE COLOURS completed paint of Lufthansa A321 at Teesside, its 20th job since opening £6.5m facility in 4Q24.

AFI KLM E&M

Mar 07, 2025
AFI KLM E&M earned €170m on €5.1b revenues in 2024 vs €150m on €4.2b in 2023; third party revenues rose 21.9%.

Who’sNews

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WHO'SNEWS: INDRA GROUP

Mar 01, 2025
Manuel Escalante to Chief Technology Officer (CTO) of the Indra Group, Spain.
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WHO'SNEWS: SAFRAN VENTILATION SYSTEMS

Mar 01, 2025
Clément Villeneuve to Vice President-Sales, Programs and Strategy of Safran Ventilation Systems, France.
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WHO'SNEWS: CRESTONE AIR PARTNERS

Mar 01, 2025
Bernadette Ryan to Vice President of Contracts of Crestone Air Partners, Denver.
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WHO'SNEWS: CRESTONE AIR PARTNERS

Mar 01, 2025
Jason Greenberg to Chief of Legal and General Counsel of Crestone Air Partners, Denver.
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WHO'SNEWS: CRESTONE AIR PARTNERS

Mar 01, 2025
Jason Greenberg to Chief of Legal and General Counsel of Crestone Air Partners, Denver.
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WHO'SNEWS: HYDRA-ELECTRIC

Mar 04, 2025
TC Queener to Executive Vice President of Loar Holdings with operational oversight for Hydra-Electric, CA and SMR Technologies, WV.
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WHO'SNEWS: BOC AVIATION

Mar 04, 2025
Wen Lan to Chief Financial Officer of BOC Aviation, Singapore.
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WHO'SNEWS: FLIGHT OPERATIONS

Mar 04, 2025
Bob Waltz to Vice President of Flight Operations, based in Addison, TX, of Surf Air Mobility.
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WHO'SNEWS: SURF AIR MOBILITY

Mar 04, 2025
Linda MacAskill to Director of System Operations Center, based in Addison, TX, of Surf Air Mobility.
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WHO'SNEWS: WRIGHT INTERNATIONAL

Mar 04, 2025
Donatas Dockus to Chief Executive Officer of Wright International (FL Technics), Canada.
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WHO'SNEWS: WILLIS AVIATION SERVICES

Mar 04, 2025
Marco Gallinaro to Vice President-Base Maintenance of Willis Aviation Services, UK.
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WHO'SNEWS: AFG AVIATION IRELAND

Mar 05, 2025
Imtiaz Khot to Senior Vice President-Commercial of AFG Aviation Ireland.
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WHO'SNEWS: VIRGIN AUSTRALIA

Mar 05, 2025
Dave Emerson to Chief Executive Officer of Virgin Australia.
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WHO'SNEWS: AIRCASTLE

Mar 05, 2025
Hannah Taylor was promoted to Vice President-Marketing, based in Singapore, of Aircastle.
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WHO'SNEWS: AZORRA

Mar 05, 2025
Thomas Schmid to General Counsel of Azorra, FL.

WHO'SNEWS: AIR NEW ZEALAND

Mar 07, 2025
Greg Foran announced resignation as Chief Executive Officer of Air New Zealand (effective October 20).