SpeedNews

AIRBUS CANADA reached agreement with its IAMAW-represented A220 workers at Mirabel on new 5-year CBA.

UNICAL ENGINES launched Serviceable Engine Program that offers serviceable engines for sale or exchange.

JOBY AVIATION says it has completed its eVTOL pre-production flight test program and is now focused on the next phase of flight testing, using its production prototype aircraft to prepare for upcoming for-credit flight testing.

HOWMET AEROSPACE had $243m net income on $1.8b sales in 1Q24 vs $148m on $1.6b in 1Q23. It is expecting much slower 737 MAX production than expected and it assumes average build rate of 20 per month for full year 2024.

Netta Washington to Executive Vice President-High Performance Materials and Components (HPMC) of ATI, Dallas.

HANWHA AVIATION, Singapore was launched as new engine leasing platform, initially focused on narrowbody aircraft.

Jeff Lewis to Chief Executive Officer of Hanwha Aviation, Singapore.

SKYWAYS TECHNICS acquired ex-Sky Express ATR 42-500 (534)/ex-Aeromar ATR 72-600 (1086) from Falko for part out.

TDA, The Netherlands acquired ex-Malawi Airlines 737-700 (30687) for part out by ECUBE at St. Athan, Wales.

PRATT & WHITNEY CANADA has 6-year TAAG Angola Airlines contract to provide fleet management program for its PW150As (for six Dash 8-400s) in deal that includes oil-analysis technology and FAST diagnostic and prognostic solution.

SHELTAIR broke ground on new FBO at Sarasota Bradenton, FL, with two hangars totaling >45,000 sq ft, to open 4Q25.

AFI KLM E&M earned €28m in 1Q24 vs €15m in 1Q23; revenues rose 32.1% to €1.2b (third party revenues rose 43.4%).