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Triumph Group Selected By STARLUX Airlines For Wheel And Brake MRO Support
(RTTNews) - Triumph Group (TGI) announced Tuesday that its Product Support business was awarded a two-year wheel and brake maintenance and repair contract from Taiwan-based STARLUX Airlines for their A350 XWB fleet. This work will be accomplished at TRIUMPH's location in Chonburi, Thailand.
This is the third award for TRIUMPH with STARLUX Airlines for wheel and brake maintenance, with previous awards on the A321neo and A330neo fleets.
STARLUX, established in 2018, operates A321neo, A330neo and A350 XWB aircraft fleets. It will begin accepting delivery of A350 XWB aircraft in the fourth quarter of 2022 to expand its network to North America in 2023.
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Triumph Appoints Mike Boland As COO
Triumph Group, Inc. (TGI) announced Friday that it recently selected Mike Boland, formerly President, Actuation Products and Services (APS), to fill a newly created Chief Operating Officer.
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Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
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Asian Shares End Mostly Higher As Trump's New Tariffs Go Into Effect
Asian stocks advanced on Thursday as U.S. President Donald Trump's sweeping new tariffs take effect against dozens of countries.
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China Exports Growth Accelerates; Imports Rise Unexpectedly
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UK House Prices Rise At Fastest Pace In 6 Months
UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc
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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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German Exports Recover In June
Germany's exports grew for the first time in three months in June despite falling shipments to the US, data from Destatis revealed Thursday. Exports advanced 0.8 percent on a monthly basis in June, reversing a fall of 1.4 percent in May. Shipments were expected to rise 0.5 percent. Reflecting the impact of higher tariff, exports to the United States dropped 2.1 percent on a monthly basis.
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