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Magazine Issue

SpeedNews - October 30, 2026

VOL. 47 NO. 42 October 30, 2026

Aerospace

SAFRAN GROUP

Oct 27, 2026

SAFRAN GROUP announced plan to divest its cabin business (seats/galley/lavs/monuments).

AAR

Oct 27, 2026

AAR increased/amended its revolving credit facility from $825m to $1.375b, extending maturity to October 2031.

INNOVATIVE AEROSYSTEMS

Oct 27, 2026

INNOVATIVE AEROSYSTEMS was selected by Dornier Seawings to supply Liberty data acquisition unit for Dornier Seastar.

CIRRUS

Oct 27, 2026

CIRRUS broke ground on $8m, 15,000 sq ft Engine Run-Up Center in Duluth, MN for completion in mid-2027 for testing aircraft engine systems (two calibration stalls) and fuel calibration for SR Series, Vision Jet, and TRAC10.

QARBON AEROSPACE

Oct 27, 2026

QARBON AEROSPACE, TX was selected by Wichita State's NIAR to manufacture composite structures for USAF B-1B Lancer.

THE PARTNER COMPANIES

Oct 27, 2026

THE PARTNER COMPANIES, Chicago acquired Phoenix-based F&B MFG (specialty metal manufacturer/hydroforming).

NYCO

Oct 27, 2026

NYCO says its TURBONYCOIL 600 turbine oil was qualified by GE Aerospace for GEnx-1B (787) after 7,000-hour inflight evaluation with Air France.

EMBRAER

Oct 27, 2026

EMBRAER reports 14% y-o-y increase in total backlog to record $35.7b at end 3Q26, including $15.8b for Commercial Aviation (+4%), record $8.2b for Executive Aviation (+12%), and record $5.6b for Services & Support (+14%).

SAFRAN

Oct 27, 2026

SAFRAN reported €9b revenues in 3Q26, up 14.7% vs €7.85b in 3Q24. Propulsion unit increased 13.2%, with aftermarket revenue up by 18.7% and OE sales up by 3.5%; LEAP deliveries increased 5% to 535 units.

JETTAINER

Oct 27, 2026

JETTAINER was extended by Trinity Airways for ULD management.

PANASONIC AVIONICS

Oct 27, 2026

PANASONIC AVIONICS says it has now sold 500,000 Astrova 4K OLED screens.

BOEING

Oct 28, 2026

BOEING is forecasting Eurasia (Europe, Russia and Central Asia) will need 153,000 new pilots, 169,000 maintenance technicians, and 249,000 cabin crew members by 2045; region's commercial aviation services demand is $1,200b.

STARLINK

Oct 28, 2026

STARLINK was selected by easyJet to provide inflight Wi-Fi for its A320/A321s from 1H27, for completion in 1Q28.

CHROMALLOY

Oct 28, 2026

CHROMALLOY has FAA PMA certification for HPT Stage 1 blade for Pre-Select V2500-A5 engine and now offers alternative PMA blades for both HPT stages on both the Pre-Select and Select versions of V2500-A5 for A320ceo Family.

ROLLS-ROYCE

Oct 29, 2026

ROLLS-ROYCE plans joint 10-year, £2.5b research and technology program with UK Govt to develop more efficient, lower-emission engine for next-generation narrowbodies in anticipation of potential launches around turn of decade.

HONEYWELL AEROSPACE

Oct 29, 2026

HONEYWELL AEROSPACE had $737m net income on $4.6b sales in 3Q26 vs $654m on $4.5b in 3Q25; it has $19.3b backlog. It also announced plan to build $500m, 300,000 sq ft manufacturing facility in Tempe, AZ for 2H28 for growth.

AIRBUS

Oct 29, 2026

AIRBUS posted €1.3b net income on €17.5b revenues in 3Q26 vs €1.1b on €17.8b in 3Q25. Commercial Aircraft segment earned €1.4b on €12.8b vs €1.3b on €13.1b and confirmed previously announced guidance to deliver 870 aircraft in 2026 (547 delivered through end of September). It is still targeting monthly production of 13 A220s by 2028, 70-75 A320 Family aircraft by end 2027 (stabilizing at 75 in 2028), five A330s in 2029 and 12 A350s in 2028.

CHROMALLOY

Oct 29, 2026

CHROMALLOY has order from Bulgaria's Cargo Air for two sets of PMA HPT blades for CFM56-7Bs for 2027-2028.

SAFT

Oct 29, 2026

SAFT was selected by WestJet to supply ULM nickel‑based batteries for retrofit on its 737s to power critical standby systems and APU starts; batteries are manufactured in Valdosta, GA, and supported/supplied by BOEING DISTRIBUTION.

BOMBARDIER and BAE SYSTEMS

Oct 29, 2026

BOMBARDIER and BAE SYSTEMS signed MOU to explore opportunities in future combat air programs, including R&D, systems integration, workforce and supply chain development, industrialization and in-service lifecycle management.

HOWMET AEROSPACE

Oct 29, 2026

HOWMET AEROSPACE, PA had $567m net income on $2.7b sales in 3Q26 vs $385m on $2.1b in 3Q25.

MTU AERO ENGINES

Oct 29, 2026

MTU AERO ENGINES had €227m net profit on €2.4b sales in 3Q26 vs €250m on €2.1b in 3Q25. It has €29.8b backlog.

PATRIOT DYNAMICS

Oct 29, 2026

PATRIOT DYNAMICS signed agreement with CFM International to purchase six LEAP spare engines (three -1A/three -1B).

CRANE AEROSPACE

Oct 29, 2026

CRANE AEROSPACE earned $85.4m on $344.1m in 3Q26 vs $67.7m on $270.2m in 3Q25; operating profit margin of 24.8% declined 30 basis points year-over-year, primarily reflecting the expected dilution from the Druck acquisition.

SAFRAN

Oct 29, 2026

SAFRAN plans to establish an AI Center of Excellence in Singapore.

STS AVIATION GROUP

Oct 29, 2026

STS AVIATION GROUP secured OEM distribution partnership with Growth Industries for PMA-approved landing gear components, including bushings, sleeves, bearings, races, bearing carriers and related hardware for Boeing aircraft.

Air Transport

SITA

Oct 27, 2026

SITA has agreed to purchase FLIGHTSCAPE (airline operations software) from CAE for an enterprise value of US$500m; deal is to close in 1H27.

AZUL

Oct 27, 2026

AZUL secured R$2b in Government-backed financing to purchase jet fuel for its scheduled domestic operations.

ALLEGIANT AIR

Oct 27, 2026

ALLEGIANT AIR exercised options for six 737-8s for 2028 and has now ordered 56 (22 delivered), with 74 options.

TURKISH AIRLINES

Oct 27, 2026

TURKISH AIRLINES took delivery of new 737-8 (66778) on lease from DAE for operation by AJET under deal for 10.

PARATA AIR

Oct 27, 2026

PARATA AIR, South Korea leased ex-Air France A320-200 (4747) with CFM56s from ST Aerospace Resources.

WESTERN SYDNEY INTERNATIONAL AIRPORT (WSI)

Oct 27, 2026

WESTERN SYDNEY INTERNATIONAL AIRPORT (WSI) opened with initial international flight by Air New Zealand landing from Auckland.

CARGOLUX

Oct 27, 2026

CARGOLUX says 747-8F (35811) was damaged when left-hand wing landing gear collapsed while parked at Luxembourg.

SKYWISE

Oct 27, 2026

SKYWISE (Airbus) was selected by IndiGo for Skywise Core X3 to power next-generation analytics for operational efficiency.

STERLING AIRWAYS

Oct 27, 2026

STERLING AIRWAYS acquired three ex-Meregrass Saab 2000s (027/030/034) for operation for ALEUTIAN AIRWAYS.

ROYAL AIR MAROC

Oct 27, 2026

ROYAL AIR MAROC leased ex-Kenya Airways E190-E1 (440) from Azorra (SPNWS; July 10).

JETBLUE

Oct 28, 2026

JETBLUE posted $270m net loss in 3Q26 (vs $196m loss in 3Q25) on 21.1% higher revenues/2.3% higher capacity (65% capacity growth at Fort Lauderdale), ending quarter with $2.2b in liquidity. It operated an average of 297 aircraft.

ATLANTIC AIRWAYS

Oct 28, 2026

ATLANTIC AIRWAYS, Faroe Islands ordered two additional A320neos to replace two A320ceos and support its transition towards an all-A320neo fleet (it currently has two with LEAP-1As on lease from Sumisho Air Lease).

FINNAIR

Oct 28, 2026

FINNAIR had €59.1m net income in 3Q26 (vs €30.5m in 3Q25) on 14.2% higher revenues/1.6% higher capacity.

CPaT

Oct 28, 2026

CPaT was selected by MAB Academy to provide distance learning solutions for initial and recurrent pilot training for Malaysia Airlines and Firefly.

ETIHAD AIRWAYS

Oct 28, 2026

ETIHAD AIRWAYS began daily Abu Dhabi-Bangkok, Thailand (A380).

WIZZ AIR

Oct 28, 2026

WIZZ AIR plans December 14 to begin daily Berlin Brandenburg-Milan, Italy (A320).

ALMASRIA UNIVERSAL AIRLINES

Oct 28, 2026

ALMASRIA UNIVERSAL AIRLINES leased ex-Wizz Air A321-200 (7647) with V2500s from SMBC Aviation Capital.

ANA HOLDINGS

Oct 29, 2026

ANA HOLDINGS had ¥67b net income for six months ended Sept 30 (vs ¥76b a year ago) on 17.5% higher revenues and 3.2% higher capacity. It signed MOU to acquire REGIONALPLUS WING (AIRDO and Solaseed Air) via share exchange.

TURKISH AIRLINES

Oct 29, 2026

TURKISH AIRLINES agreed to lease two 777-300ERSFs (TBA) from AerCap for delivery in March-September 2027 following conversion to freighters by ETIHAD ENGINEERING in Abu Dhabi.

AAPA

Oct 29, 2026

AAPA members carried 30.4m pax in September, up 0.7% vs 30.2m in Sep 2025; capacity (ASKs) increased 6.8%.

PHILIPPINE AIRLINES

Oct 29, 2026

PHILIPPINE AIRLINES extended leases of two 777-300ERs (29146/29147) in deal arranged by SGI Aviation.

AVILEASE

Oct 29, 2026

AVILEASE posted US$591m revenues for nine months ended September 30, 2026, up 21% vs a year ago. It acquired eight/sold five aircraft in 3Q26 and now has owned/managed/committed fleet of 309 aircraft (100% fleet utilization).

ANIMAWINGS

Oct 29, 2026

ANIMAWINGS, Romania officially entered into insolvency after second request was granted by Bucharest Tribunal.

AIR NEW ZEALAND

Oct 29, 2026

AIR NEW ZEALAND took delivery of new 787-9 (66904; its first 787 delivery in seven years) with increased MTOW; second (66903) is due. It has also postponed introduction of Economy Skynest due to delays in regulatory certification.

DISCOVER AIRLINES

Oct 29, 2026

DISCOVER AIRLINES plans to receive its first A350-900 in June 2027 and later introduce aircraft on Frankfurt-Calgary or Frankfurt-Orlando; a second is due in December to take over service on Frankfurt-San José, Costa Rica/-Belize City.

AIR CONGO

Oct 29, 2026

AIR CONGO wet-leased GEnx-powered 787-9 (60326) from MIAT Mongolian Airlines, replacing a 787 from Ethiopian.

REPUBLIC AIRWAYS

Oct 29, 2026

REPUBLIC AIRWAYS had $34.6m net profit in 3Q26 (vs $6.7m in 3Q25) on 34.3% higher revenues/26.2% higher block hours, ending quarter with $290m cash/314 aircraft. It is placing five additional E170s with AMERICAN in Dec 2026.

Business Aviation

BOMBARDIER

Oct 27, 2026

BOMBARDIER announced it is expanding in US with 800 new workers in Texas, Kansas, Indiana and Connecticut as part of $270m investment for infrastructure growth. It is opening 64,500 sq ft service center in Fort Wayne, IN in November.

NOMAD TECHNICS

Oct 28, 2026

NOMAD TECHNICS completed 7,800 Landings Inspection on a Challenger 604 and 120-Month Inspection on a Global 5000.

GOGO

Oct 28, 2026

GOGO was selected by TransMedics to supply Galileo HDX inflight connectivity for 22 Phenom 300Es by end 2027.

WESTERN AIRCRAFT

Oct 28, 2026

WESTERN AIRCRAFT delivered its 300th PC-12 and 30th PC-24 as 30-year authorized Pilatus Sales & Service Center.

GOGO

Oct 29, 2026

GOGO was selected by US-based Jet Excellence to supply Galileo HDX inflight connectivity for its Citation Xs.

TEXTRON AVIATION

Oct 29, 2026

TEXTRON AVIATION earned $179m on $1.68b revenues in 3Q26 vs $172m on $1.48b in 3Q25; it has $8b backlog. It delivered 51 jets/32 turboprops vs 42 jets/39 turboprops a year ago. BELL delivered 29 commercial helicopters vs 30.

MRO

MTU MAINTENANCE

Oct 27, 2026

MTU MAINTENANCE has 3-year Garuda contract to provide GE90-115B maintenance at Hannover for eight 777-300ERs.

STANDARDAERO

Oct 27, 2026

STANDARDAERO was selected by TAROM for PW127M maintenance out of Summerside, Canada and Gonesse, France.

FL TECHNICS INDONESIA

Oct 27, 2026

FL TECHNICS INDONESIA has received EASA Part-145 approval for its Bali facility, covering A320s and 737s.

HESTON MATERIALS

Oct 27, 2026

HESTON MATERIALS, Lithuania has secured an initial US$20m revolving credit facility from volofin Capital Management to finance aviation asset acquisitions and support expansion.

ETIHAD ENGINEERING TECHNICAL TRAINING

Oct 27, 2026

ETIHAD ENGINEERING TECHNICAL TRAINING launched GCAA-approved CAR-147 aircraft maintenance engineering program in Abu Dhabi.

RH AERO

Oct 27, 2026

RH AERO completed on-aircraft testing of LGX Multisystem for removal and installation of widebody body and wing landing gear on six platforms.

LS TECHNICS

Oct 27, 2026

LS TECHNICS has 5-year Wizz Air contract for A320 Family base maintenance across six parallel lines at Katowice and Gdańsk; workscope includes light and structural base checks, End-of-Lease checks and additional maintenance work.

RH AERO

Oct 27, 2026

RH AERO has developed new steam cleaning system for APU air intake, APU air intake duct, APU compartment and APU access doors and completed extended operational trial on 93 easyJet A320s across 16 nights at London Gatwick.

SETNA iO

Oct 27, 2026

SETNA iO acquired second ex-Japan Airlines 777-200ER (32893) for part out.

PRATT & WHITNEY CANADA

Oct 27, 2026

PRATT & WHITNEY CANADA was extended by Wheels Up for PW535E/PW535E1 maintenance in support of Phenom 300/300Es.

GMR AERO TECHNIC

Oct 27, 2026

GMR AERO TECHNIC has MOU from Canada's Logic Air to collaborate on aircraft mods, engineering, certification and obsolescence solutions for India and international markets, focusing on turnkey aircraft mod solutions.

HAECO

Oct 27, 2026

HAECO says it has now completed >20 LEAP-1A Reverse Bleed System (RBS) installations for Cathay Pacific under program that began in January 2025, with the remaining installations scheduled for completion in 2026.

DEDIENNE AEROSPACE

Oct 27, 2026

DEDIENNE AEROSPACE renewed its aftermarket license with Rolls-Royce covering engine transportation stands and maintenance tooling for operators, airlines, lessors and MROs, alongside ESR (engine stand repair) services contract.

EASYJET

Oct 27, 2026

EASYJET completed acquisition of Slovenia-based ADRIA TEHNIKA (5-bay aircraft MRO facility in Brnik) for €4.1m.

STANDARDAERO

Oct 28, 2026

STANDARDAERO was selected by Air Corsica for LEAP-1A PRSVs, quick-turn shop visits (QTSVs), component repairs, short-term engine leases and engine health monitoring (EHM) data analysis services at San Antonio.

MTU MAINTENANCE

Oct 28, 2026

MTU MAINTENANCE launched METAVION suite of digital services for engine monitoring services, performance optimization and value optimization. It has been selected by several airlines and asset owners, including BBN Airlines.

EIRTRADE AVIATION

Oct 28, 2026

EIRTRADE AVIATION began parting out ex-China Airlines A330-200 (675) at Knock; CF6-80E1s entered its lease pool.

PANASONIC TECHNICAL SERVICES

Oct 28, 2026

PANASONIC TECHNICAL SERVICES added ground handling station at Western Sydney International and now has global network of 14 locations.

ITOCHU

Oct 28, 2026

ITOCHU agreed to acquire minority stake in IAG ENGINE TECH, Spain; IAG (through Iberia) will maintain majority.

LUFTHANSA TECHNIK

Oct 28, 2026

LUFTHANSA TECHNIK was extended by Wizz Air to continue using AVIATAR’s electronic Technical Logbook under new long-term deal.

ST ENGINEERING

Oct 28, 2026

ST ENGINEERING secured S$1.4b in new Commercial Aerospace contracts in 3Q26 (vs S$1.4b a year ago), representing 25% of its total.

HONEYWELL AEROSPACE

Oct 28, 2026

HONEYWELL AEROSPACE was selected by Wheels Up to support Challenger 300/350s with Fleet Maintenance Service Plan (FMSP) for scheduled/uscheduled maintenance of avionics, control systems, engines and APUs on fixed-price basis.

BOEING

Oct 28, 2026

FL TECHNICS

Oct 29, 2026

FL TECHNICS was appointed by Embraer as authorized E-Jet service center in Lithuania out of Vilnius and Kaunas.

LUFTHANSA SYSTEMS

Oct 29, 2026

LUFTHANSA SYSTEMS was selected by Collins Aerospace to provide Lido Aerodrome Mapping Database (AMDB) for operators using Pro Line Fusion Airport Moving Map (AMM) application used on aircraft such as A220.

EPCOR (AFI KLM E&M)

Oct 29, 2026

EPCOR (AFI KLM E&M) was selected by Airbus Defence and Space to maintain APUs on global fleet of A330 MRTTs.

SATAIR

Oct 29, 2026

SATAIR was selected by Sabena technics to provide its Integrated Material Services (IMS) program, covering planning, availability (on-site stock), and obsolescence of consumable and expendable parts, for Airbus fleet maintenance.

HAECO

Oct 29, 2026

HAECO completed overhaul of its first GP7200 High-Pressure Compressor (HPC) module and its first Trent XWB-84 Module 52 swap in Hong Kong.

BOEING

Oct 29, 2026

BOEING was extended by Lufthansa Technik for Tailored Parts Package (TPP) program for three years; deal covers >6,500 part numbers for enhanced material availability, streamlined procurement processes and greater cost predictability.

THALES and AJW GROUP

Oct 29, 2026

THALES and AJW GROUP announced multi-year extension to their existing repair services agreement.

AIR EUROPA TECHNICS

Oct 29, 2026

AIR EUROPA TECHNICS was established by Air Europa by combining line maintenance and heavy maintenance services. It signed 2-year nose-to-tail heavy maintenance contract with Eurowings Technik for Vueling, SAS and Wizz Air.

JORAMCO (DAE)

Oct 29, 2026

JORAMCO (DAE) announced multi-year extensions with MNG Airline/SOLINAIR and DHL for A300F heavy maintenance. It is also launching 5-year Airbus aircraft heavy maintenance program for Condor under with induction of first A330neo.

Defense

Who'sNews

WHO'SNEWS: AIRCO

Oct 27, 2026

Elizabeth Peters to Director-EMEA Sales & Business Development of AirCo.

WHO'SNEWS: SAUDI ARABIAN AIRLINES

Oct 27, 2026

Essam Bahakeem to Vice President-Technical Supply Chain & Procurement of Saudi Arabian Airlines.

WHO'SNEWS: BF AEROSPACE INFLATBLES

Oct 27, 2026

Raul Ruiz to Director of Operations of BF Aerospace Inflatables.

WHO'SNEWS: FTAI AVIATION

Oct 27, 2026

Daniel Nudelman to Vice President of Finance-Aerospace of FTAI Aviation.

WHO'SNEWS: ROLLS-ROYCE & PARTNERS FINANCE

Oct 27, 2026

Darragh O'Callaghan to Vice President-Sales & Marketing of Rolls-Royce & Partners Finance.

WHO'SNEWS: AZORRA

Oct 27, 2026

Aodhán McEnerney to Vice President-Accounting of Azorra.

WHO'SNEWS: VALLAIR

Oct 27, 2026

Malcolm Chandler to MRO Sales Director-Lessors & Airlines of Vallair.

WHO'SNEWS: MAAS AVIATION

Oct 27, 2026

Edwin Poldermans to Head of MRO of MAAS Aviation.

WHO'SNEWS: JETTAINER AMERICAS

Oct 28, 2026

Pinar Meitzner to Managing Director of Jettainer Americas.

WHO'S NEWS: PPG

Oct 29, 2026

Anthony DeGram to Vice President-Global Supply Chain of PPG.

Market Sector

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Aerospace

Air Transport

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MRO

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