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DAILY AVIATION NEWS ALERT
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United Airlines pilots agree to pay deal that will see raises of up to 40% in salaries
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Pilots of America’s United Airlines are in line for a pay raise of up to 40% after the culmination of pay negotiations that have extended over the last four years. The Air Line Pilots association confirmed details of the agreement on Saturday, July 15. The agreement will now have to be ratified by the approximately 16,000 pilots. According to the …
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Lilium announces US$192 million financing
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Lilium, developer of the first all-electric vertical take-off and landing jet, has announced a US$192 million financing, including the pricing of an upsized US$75 million underwritten public offering of 57,692,308 of the company's Class A ordinary shares (the shares), as well as a concurrent US$42 million private placement of 32,146,147 Shares and warrants to purchase 8,036,528 Shares led by Earlybird …
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China Eastern Airlines takes delivery of second C919 aircraft
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In the afternoon of July 14, 2023, the second C919 aircraft was officially delivered to China Eastern Airlines. A "three certificate" issuance and delivery ceremony of China Eastern Airlines' C919 aircraft was held in the flight test complex building of Zhuqiao base of Commercial Aircraft Corporation of China (COMAC) Relevant personnel and appointed representatives of CAAC East China Regional Administration, …
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Air France-KLM and Apollo Global Management sign agreement for €500 million quasi-equity financing
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Air France-KLM and Apollo Global Management have signed a definitive agreement for Apollo-managed funds and entities (Apollo) to raise a €500 million financing into an operating affiliate of Air France that will own a pool of components dedicated to Air France’s Engineering and Maintenance activities. Under this agreement and subject to customary closing conditions, Apollo will subscribe to perpetual bonds …
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MTU Maintenance Zhuhai marks 4000th shop visit
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MTU Maintenance, a global market leader in customised MRO solutions for aero engines, has completed its 4000th shop visit at its Zhuhai location. This sets yet another milestone for 2023, after the official opening of a brand-new test cell last month. MTU Maintenance redelivered a LEAP-1A engine, a product of CFM International, a 50/50 joint company between GE Aerospace and Safran …
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Avia Solutions Group acquires UK airline
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Avia Solutions Group has acquired UK-based airline operator Synergy Aviation, later to be rebranded to Ascend Airways. The newly purchased business, which has an Air Operator Certificate (AOC) and Type B Operating License from the UK CAA, will enable the Group to strengthen its position in the UK aviation market. Jonas Janukenas, CEO of Avia Solutions Group, said: “We have …
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Delta Air Lines looks to expand fuel-efficient fleet
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Global tonnages and rates further decline
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Coulson Aviation continues to support aerial firefighting efforts
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Swiss-AS releases AMOSeTL
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AJW Group and Azerbaijan Airlines strengthen partnership
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Marubeni Corporation acquires 50% equity stake in DASI
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Air bp appoints Federica Berra Senior Vice President
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles. Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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AviTrader Publications Corp.
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Richmond, British Columbia
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