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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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Canadian Dollar Falls Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Friday.
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Canadian Market Modestly Higher; Technology Stocks Among Notable Gainers
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves.
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Major European Markets Close On Mixed Note
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Positive Start Seen For Canadian Stocks
Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment.
Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
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UK Market Roughly Flat; Mining Stocks Move Higher
Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
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CAC 40 Climbs Higher For 3rd Straight Day
French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment.
Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
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