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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Bombardier posts solid financial results for third quarter 2023
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Bombardier has reported revenues of US$1.9 billion in the third quarter 2023, a 28% year-over-year increase, fuelled primarily by strong aircraft sales and aftermarket growth. The company delivered 31 aircraft in the third quarter 2023, up six aircraft compared to the same quarter last year, bringing it to a total of 82 deliveries for the year. This included the delivery of …
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October tonnages track close to last year’s levels
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Global air cargo tonnages stabilised in October close to its levels this time last year, with preliminary full-month tonnage figures for October down just 1% compared to those in October 2022, having tracked last October’s demand patterns closely on a week-by-week basis throughout the month, according to the latest figures from WorldACD Market Data. That difference of -1% in October is …
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Delta Air Lines implements corporate job cuts to mitigate rising expenses
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As the aviation industry grapples with increased costs, including those related to fuel and labour, Delta Air Lines is taking steps to reduce its expenses. The company is implementing a series of measures, including corporate job cuts, to align with its financial goals. In a statement provided to CNBC, Delta explained, "While we're not yet back to full capacity, now …
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Chad Archer promoted to SVP and Chief Financial Officer for Textron Aviation
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Following a long-standing career spanning almost twenty years with the company, Textron Aviation welcomes Chad Archer to Senior Vice President and Chief Financial Officer (CFO) effective January 1, 2024. Archer most recently served as Vice President, Financial Planning and Analysis and Strategy. During his tenure with Textron Aviation, he has held various leadership positions within business management, financial planning and …
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Stratos continues successful placement of various aircraft for third parties
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Stratos has continued its successful placement of various aircraft for third-parties. The company recently arranged the sale of an ex-Philippine Airlines' B777-300ER,MSN61733, which was delivered to a leading Middle Eastern VIP operator. The six-year-old aircraft was sold on behalf of a syndicate of mainly European lenders led by NordLB who retained Stratos to repossess and remarket the aircraft. The buyer …
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Copenhagen Airport becomes newest member of Heart Aerospace’s Industry Advisory Board
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Copenhagen Airport, joins Heart Aerospace’s Industry Advisory Board to provide input on the design, development and commercialisation of the Swedish company’s regional electric airplane, the ES-30. Heart Aerospace’s Industry Advisory Board consists of airlines, governments, leasing companies and airports from all over the world, each representing a key part of the aviation ecosystem necessary to support the electrification of air …
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Dronamics and Hellenic Post (ELTA) sign LOI for first postal cargo drone deliveries in Greece
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Brussels Airlines welcomes first A320neo aircraft
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Lufthansa Technik posts successful third-quarter, raises annual forecast
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Falko acquires four CRJ900 aircraft on lease to Air Canada
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Nasmyth welcomes James Larner as new Chief Financial Officer
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DAE reports financial results for the nine months ended September 30, 2023
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Satair to establish Satair (Chengdu), in China
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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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Vice President Sales & Business Development (Americas)
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Malte Tamm Vice President Sales & Marketing (International) Email: [email protected] Phone: +49 (0)162 8263049
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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