SpeedNews

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

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

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

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