SpeedNews

LONDON HEATHROW handled 6.7m pax in March, up 8% vs March 2023.

Air Transport

FRANKFURT AIRPORT handled 4.6m pax in March, up 7.8% vs March 2023.

Air Transport

AZORRA, FL completed novation of two A330-200s (leased to ITA AIRWAYS) and now has 100 aircraft in portfolio.

Air Transport

UNITED AIRLINES had $124m net loss on $12.5b revenues in 1Q24 vs $194 loss on $11.4b in 1Q23. It has converted several MAX 10s to MAX 9s for 2025-2027 and agreed to lease 35 LEAP-powered A321neos from two undisclosed lessors from 2026/27; it now expects to take delivery of 61 narrowbodies (and five widebodies) in 2024 vs original 183.

Air Transport

Stewart Higginson to Chairman and Chief Executive Officer of euroAtlantic Airways, Portugal.

Air Transport

CMA CGM AIR CARGO expects to take delivery of two 777Fs in 2Q/4Q24 (to be operated by ATLAS AIR) to launch transpacific services; it also expects another 777F in 2025 and eight A350Fs in 2026/27. It has two 777Fs/three A330Fs.

Air Transport

AEGEAN, Greece is converting four A321neos on order to A321XLRs; it now has 22 A321neos on order for 2024-2028.

Air Transport

AIR CANADA is expected in June/July to wet-lease (ACMI) a 767-300ER from Omni Air International for Toronto-SFO.

Air Transport

EVE AIR MOBILITY has LOI from Japan's AIRX for 10 firm/40 option eVTOLs, service support and Urban ATM software.

Aerospace

ST ENGINEERING AIRX and BUREAU VERITAS teamed to collaborate to advance development of Wing-in-Ground (WIG) technology for AirFish WIG marine craft to operate just above water, utilizing aerodynamics generated by ground effect.

Aerospace

HONEYWELL unveiled Forge Performance+ for Aerospace that uses AI and machine learning (ML) to help commercial aerospace manufacturing and MRO facilities modernize production and lower costs through digitalization.

Aerospace

SMBC AERO ENGINE LEASE (SAEL), Amsterdam announced it completed its first sale/leaseback agreement with Breeze Airways for two PW1524Gs.

Aerospace

EUROATLANTIC AIRWAYS, Portugal secured capital injection from controlling stakeholder NJORD I-JET AVIATION to optimize performance improvements and expand fleet of five 767s/777s to meet demand for ACMI and charter services.

Air Transport

LOAR HOLDINGS, NY plans IPO on NYSE of 11m shares at $24-$26 each.

Aerospace

AURA AERO launched call for tender for major work packages, including fuselage design, airframe engineering services, turbogenerator, primary flight control system actuators and inceptors, for 19-seat MG4 all-electric aircraft for ealy 2025.

Aerospace

ACI