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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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JetBlue and Spirit Airlines abandon merger plans
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JetBlue and Spirit Airlines have jointly decided to terminate their merger agreement, originally slated for completion by July 24, 2024. Despite both airlines recognising the potential pro-competitive advantages of the merger, practical hurdles in meeting required legal and regulatory approvals led to this mutual decision. Joanna Geraghty, CEO of JetBlue, expressed the initial optimism behind the merger, aiming to create …
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American Airlines places 260 aircraft orders with Airbus, Boeing and Embraer
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American Airlines (American) is set to revolutionize its fleet as it announced a substantial order for 260 new aircraft, comprising 85 Airbus A321neo, 85 Boeing 737 MAX 10, and 90 Embraer E175 planes. This comprehensive procurement strategy includes options and purchase rights for an additional 193 aircraft, marking a significant milestone in the airline's commitment to enhancing its domestic and …
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HEICO's net income increases 23% in the first quarter 2024
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HEICO has reported an increase in net income of 23% to US$114.7 million in the first quarter of fiscal year 2024, up from US$93.0 million in the first quarter of fiscal year 2023. Net sales increased 44% to US$896.4 million in the first quarter of 2024, up from US$620.9 million in the first quarter of 2023. Operating income increased 39% …
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Joramco and TUI sign new maintenance agreement
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Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has reached a new maintenance agreement with TUI, highlighting the ongoing and robust partnership between the two companies. This agreement ensures continued collaboration for the long term. This agreement marks another milestone in the successful collaboration of the two companies. As part …
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NAC posts full-year 2023 net income of US$72 million
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Nordic Aviation Capital (NAC) has released its annual financials for the year ended December 31, 2023. Key highlights include a net income of US$72 million, total available liquidity of US$856 million, and total assets of US$3.8 billion at year-end. The net debt stood at US$1.85 billion, with book equity reaching US$736 million. NAC owned 270 aircraft and had purchase commitments …
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Safran completes acquisition of 3D Metal Forming (3DMF)
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Safran Nacelles has completed the acquisition of 3D Metal Forming (3DMF), a company specialised in high-energy hydro forming (HEHF) of metal parts. This innovative manufacturing process reinforces Safran Nacelles’ capacity to develop and produce parts for nacelles and engines, including nozzles and air inlet lips. HEHF is also an enabling technology for manufacturing monolithic integrated structures from thick plate. Located …
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Boeing explores acquisition talks with Spirit AeroSystems
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Volocopter attains key approval for VoloCity production
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Ryanair anticipates only 40 of 57 planned B737 deliveries for peak S24
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Icelandair opts for Pratt & Whitney GTF engines to power A320neos
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Republic of Slovakia takes delivery of first two F-16 Block 70 jets
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Avia Solutions Group concludes acquisition of Skytrans Airlines
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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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