SpeedNews

AIR CENTER SAN DIEGO acquired FBO assets of SAN DIEGO JET CENTER at Brown Field Municipal Airport. It is now building new facility at airport with 14.400 sq ft FBO terminal and 74,000 sq ft hangar complex for completion in 2H25.

KANSAS MODIFICATION CENTER, STRATOS INDUSTRIES and INTEGRATED AEROSPACE ALLIANCE formed partnership to build three widebody hangars in Morocco for converting 777-300ERs to freighters (up to eight per year).

RAMCO SYSTEMS was selected to provide its aviation software suite for Korean Air's Engine Maintenance Center, replacing multiple legacy systems.

ITP AERO was selected by Honeywell to establish an F124-GA-200 service center at Ajalvir, Spain.

UNIFI AVIATION acquired PROSPECT AIRPORT SERVICES to become the largest provider of airport wheelchair services in US with >$1.7b revenues.

John Kimondo to Chief Executive Officer of AirKenya.

David Richter to Executive Vice President of Managed Aircraft Sales of Jet Access, Indianapolis.

OAG reports global airline capacity in 2Q24 will surpass 2Q19 levels; average capacity per scheduled flight is 160 seats.

Dan Horner to Head of Finance of Global Airlines, UK.

BOC AVIATION executed 54 transactions in 1Q24 (vs 23 in 1Q23). It has owned/managed/committed fleet of 688 aircraft

BROOKFIELD ASSET MANAGEMENT is reportedly in advanced talks to buy a majority stake in CASTLELAKE.

GOL, Brazil reportedly reached an agreement with the lessors to return up to 16 737NGs (10% of fleet). It also secured final installment ($450m) of $1b DIP financing from its main shareholders as it navigates bankruptcy.

LOGANAIR leased ex-Avianca ATR 72-600 (1160) from Jetstream Aviation Capital.

FLYARYSTAN took delivery of new GTF-powered A320neo (11988) on lease from Avolon.

SKYALPS, Italy leased ex-Flybe Dash 8-400 (4157) from Nordic Aviation Capital.

AFG AVIATION IRELAND purchased two ex-Avianca A319s (7284/7318) Crestone Air Partners-managed consortium.

KOREA AEROSPACE INDUSTRIES was selected by Eve to supply pylons (to support electric power units and eight lift propellers) for its eVTOL aircraft under development; Eve’s eVTOL is scheduled to begin deliveries and enter service in '26.