SpeedNews

LOGANAIR is expected to lease Sabena technics-converted ATR 72-500F (855; ex-Air Austral) from Chorus Aviation.
Air Transport

LUFTHANSA GROUP had €584m net loss on €5.4b revenues in 1Q22 vs €342m net loss on €7.9b in (pre-pandemic) 1Q19; it ended quarter with €9.9b in
Air Transport

ATLAS AIR had $81.5m net profit in 1Q22 (vs $89.9m in 1Q21) on 16% higher revenues; block hours fell 6.7%. It is purchasing five of its existing 747
Air Transport

AIR FRANCE-KLM GROUP had €552m net loss on €4.4b revenues in 1Q22 vs €320m net loss on €6b in (pre-pandemic) 1Q19; it has €10.8b in liquidity and 538
Air Transport

Bryan Billings to President of Wings Capital Partners, Newport Beach, CA.
Air Transport

NAVATAIRE, MN was selected by India's Akasa Air to provide cloud-based airline platform, including New Skies reservation/retailing, Digital Platform
Air Transport

ALLEGIANT had $7.9m net loss on $500m revenues in 1Q22 vs $57.1m net profit on $452m in (pre-pandemic) 1Q19.
Air Transport

SUN COUNTRY had $3.6m net income on $226m revenues in 1Q22 vs $12.4m on $128m in 1Q21; it has 50 aircraft.
Air Transport

SPIRIT AIRLINES had $194.7m net loss on $967m revenues in 1Q22 vs $56.1m on $856m in (pre-pandemic) 1Q19; 1Q22 capacity increased 19.2% vs 1Q19 but
Air Transport

QANTAS agreed to acquire remaining 80% of ALLIANCE AVIATION SERVICES in deal valued at A$614m. It purchased initial 20% in Feb 2019 and says
Air Transport