SpeedNews

HAMAD INTL AIRPORT, Doha handled quarterly record 13.2m pax in 1Q24.

Air Transport

MIAT MONGOLIAN AIRLINES leased ex-Suparna 787-9 (60322) with GEnx-1Bs from AerCap.

Air Transport

BOEING has assumed operations/capabilities of GKN Aerospace's facility in St. Louis, which produces critical parts for the F/A-18 and F-15 programs.

Defense

AIR CHINA agreed to order up to 100 C919s (extended-ranged version) for delivery in 2024-2031.

Air Transport

TAROM, Romania received EC approval for €95.3m in State aid to finance restructuring plan, which includes fleet renewal.

Air Transport

EUROPEAN COMMISSION officially objected to proposed acquisition of AIR EUROPA by IAG over competition concerns.

Air Transport

AIRASIA GROUP agreed to reacquire its airline businesses from CAPITAL A in transaction valued at RM6.8b.

Air Transport

AIR CHINA had RMB1.7b net loss on RMB40.1b revenues in 1Q24 vs RMB2.9b loss on RMB25.1b in 1Q23.

Air Transport

AIR ARABIA MAROC leased ex-Peach A320-200 (7080) with CFM56s from BOC Aviation.

Air Transport

SAS

SAS is joining the SkyTeam alliance (effective Sept 1); members serving SAS hubs include Air France, KLM, Delta and MEA.

Air Transport

ROYAL JORDANIAN had JD8.7m net loss on JD733.3m revenues in 2023 vs JD78.9m loss on JD612.8m in 2022.

Air Transport

GULF AIR plans May 29 to begin Bahrain-Guangzhou (787-9).

Air Transport

INDIGO, India agreed to order 30 A350-900s for delivery starting in 2027; deal includes purchase rights for another 70.

Air Transport

TURKISH AIRLINES agreed to lease one used A330-300 (TBA) from May 2024 from CDB Aviation; deal also includes six new 737-8s for delivery in 2025-2026 for AJET, increasing the total number of aircraft on lease from CDB to 17.

Air Transport

BOMBARDIER had $110m net income on $1.3b revenues in 1Q24 vs $302m on $1.5b in 1Q23 and ended quarter with $14.9b backlog vs $14.2b at end 2023. It delivered 20 business jets (eight large) vs 22 (14), and plans 150-155 in 2024.

Business Aviation

TEXTRON AVIATION earned $143m on $1.2b revenues in 1Q24 vs $125m on $1.1b in 1Q23. It delivered 36 jets/20 commercial turboprops vs 35/34 and has $7.3b backlog. BELL earned $80m on $727m vs $60m on $621m in 1Q23.

Business Aviation