SpeedNews

AEA

NORTHERN AVIATION SERVICES agreed to lease 737-400SF (25844; ex-British Airways) from Automatic.
Air Transport

ATLAS AIR had $493.3m net income in 2021 (vs $93.1m in 2019) on 46% higher revenues; block hours rose 13.4%.
Air Transport

AIR LEASE CORPORATION agreed to order 50 more 737 MAXs, including 32 incremental MAXs and 18 resulting from conversion of three 787s, for delivery in
Air Transport

FINNAIR lost €469m in 2021 (vs €162.8m profit in 2019) on 73% lower revenues; enplanements fell 80% vs 2019.
Air Transport

AIR FRANCE-KLM GROUP had €127m net loss for 4Q21 (vs €156m profit in 4Q19) on 26.9% lower revenues; and €3.3b net loss for 2020 (vs €293m profit in
Air Transport

SKY LEASING and WAFRA agreed to form aircraft leasing joint venture with initial portfolio of 20 aircraft worth $900m.
Air Transport

ATLAS AIR has long-term agreement with Kuehne+Nagel to provide dedicated charters with two new 747-8Fs for delivery in 2H22. It is also adding new 747
Air Transport

ITA AIRWAYS agreed to wet-lease two E190s from German Airways for Milan-London City/-Luxembourg/-Geneva.
Air Transport

BLUEBIRD NORDIC, Iceland leased 737-800BCF (29786; ex-Anadolu Jet) from AviaAM Leasing (SPNWS; December 17).
Air Transport

FLYNAS, Saudi Arabia sold new A320neo (10760) to CDB Aviation, and leased it back; up to four more are expected.
Air Transport

AIR CANADA lost C$493m in 4Q21 (vs C$152m profit in 4Q19) on 38% lower revenues; and C$3.6b in 2021 (vs C$1.5b profit in 2019) on 66% lower revenues
Air Transport

STARLUX, Taiwan took delivery of its first (2003) of eight A330-900s on lease from ALC; it has also agreed to lease one A350-900 from ALC and acquire
Air Transport

AIR LEASE CORPORATION had $408m net income on $2.1b revenues in 2021 vs $501m on $2b in 2020; it earned $142m in 4Q21 on 22% higher revenues. It ended
Air Transport

NAVBLUE (Airbus) was selected by Lithuania's Heston Airlines (three A320s/three A330s) to provide suite of operating management solutions.
Air Transport

CHORUS AVIATION had C$20.5m net loss on $1b revenues in 2021 vs $41.5m net income on $949m in 2020.
Air Transport

AVIATION CAPITAL GROUP had $140m net income on $1b revenues in 2021 vs $104m on $901m in 2020.
Air Transport