SpeedNews

EASTAR JET, Korea leased new 737-8 (44304) from AIP Capital.
Air Transport

BBN AIRLINES, Türkiye leased ex-Asiana A320-200 (3873) with V2500s from AerCap. It also has five A321s.
Air Transport

IATA added Plus Ultra Lineas Aereas, Spain as new airline member.
Air Transport

KAMAN had $5.3m net income on $195.2m sales in 2Q23 vs $3.8m on $160.8m in 2Q22. It has $34.3m in cash.
Aerospace

JOBY AVIATION posted net loss of $286m in 2Q23, reflecting loss on the revaluation of derivative liabilities of $181m and operating expenses of $116m.
Aerospace

BRITISH AIRWAYS plans to begin London Heathrow-Riga, Latvia on Oct 29 and -Belgrade, Serbia on Oct 31 (A320/A321).
Air Transport

SPIRIT AIRLINES had $2.3m net loss on $1.4b revenues in 2Q23 vs $52.4m loss on $1.4b in 2Q22.
Air Transport

ALTA added Textron Aviation as new member.
Aerospace

ALLEGIANT AIR had $84.2m net income on $684m revenues in 2Q23 vs $7.7m on $630m in 2Q22. It has 126 aircraft.
Air Transport

US DOT reports US airline fuel cost was $2.42/gallon in June vs $2.44 in May 2023; y-o-y consumption was up 11.1%.
Air Transport

ATI

ATI had $76m net income on $1b sales (58% aerospace/defense) in 2Q23 vs $38m loss on $959.5m (46%) in 2Q22.
Aerospace

TRIUMPH lost $12.8m on $327m sales in first quarter ended June 30 vs $10.3m loss on $349m a year ago.
Aerospace

PORTER AIRLINES took delivery of fourth E195-E2 (095) on lease from TrueNoord as part of overall SLB deal for six.
Air Transport

AERO DESIGN LABS, TX says in-service testing of 737-800 with its drag reduction kit validated fuel and carbon emission reduction targets of 1.5-2%.
Aerospace

ZEROAVIA was selected by Surcar Airlines, Canary Islands to supply ZA600 hydrogen-electric engines for retrofit on its Twin Otter seaplanes.
Aerospace

TLG AEROSPACE, WA was selected by Eviation to design production configuration of all-electric Alice commuter aircraft.
Aerospace

LUFTHANSA GROUP posted €881m net profit on €9.4b revenues in 2Q23 vs €259m on €8b in 2Q22.
Air Transport

ROLLS-ROYCE CIVIL AEROSPACE earned £405m on £3.3b revenues in 1H23 vs £256m on £2.3b in 1H22.
Aerospace

TORAY is adding 74,000 sq ft to its facility in Morgan Hill, CA to increase production capacity for thermoplastic and thermoset composites by 50%.
Air Transport

AZORRA, FL agreed to purchase assets of VOYAGER AVIATION HOLDINGS, which filed Chapter 11 to facilitate sale.
Air Transport

SKYWEST had $15.4m net income on $726m revenues in 2Q23 vs $54m on $799m in 2Q22.
Air Transport