SpeedNews

SPIRIT AIRLINES had $14.8m net income in 3Q21 (vs $83.5m in 3Q19) on flat revenues vs 3Q19, and ended quarter with $1.9b in liquidity. It took
Air Transport

ALLEGIANT TRAVEL had $39.2m net income in 3Q21 (vs $43.9m in 3Q19) on 5.3% higher revenues vs 3Q19; it has 106 aircraft.
Air Transport

IATA is projecting delivery in 2022 of 591 aircraft in Asia Pacific (vs 320 in 2021), 378 in Europe (vs 287), 368 in North America (vs 283), 243 in
Air Transport

ALLEGIANT AIR finalized 5-year collective bargaining agreement with Teamsters-represented mechanics, their first.
Air Transport

MODERN AVIATION, NY agreed to acquire HILL AVIATION, which includes FBO at San Juan, PR, with >91,000 sq ft hangar and office space, and satellite FBO
Business Aviation

NORWEGIAN signed LOIs with various (previous) lessors for up to 13 737-800s for delivery in 4Q21-1Q22 for its summer 2022 schedule; lease terms are
Air Transport

ASL AIRLINES BELGIUM took delivery of STAECO-converted 737-800BCF (35553; ex-Ryanair) for operation for FEDEX.
Air Transport

AVOLON and AERCAP have reportedly expressed concerns to Airbus whether ramp up of A320 Family production (to as many as 70/month) is feasible as
Air Transport

ELITE AIRWAYS leased ex-Airest CRJ200SF (7452) from Regional One, and now has 11 CRJs.
Air Transport

LATAM AIRLINES BRASIL leased ex-Gulf Air A320-200 (4860) with CFM56s from AMCK Aviation.
Air Transport

HAWAIIAN had $14.7m net income in 3Q21 (vs $80.1m in 3Q19) on 32.6% lower revenues vs 2019, and ended quarter with $2.2b in liquidity. It extended
Air Transport

WIZZ AIR agreed to sell four GTF-powered A321neos to Dynam Aviation (3) and Sato Aviation (1) for leaseback from 2022.
Air Transport

ISRAEL AEROSPACE INDUSTRIES began converting first 777-300ER to freighter (cut aft fuselage section for large cargo door) and says process is expected
MRO

WINGS CAPITAL PARTNERS, CA announced acquisition of two 737-800s and one A320-200 on lease to airlines in US/Europe.
Air Transport

AVIA SOLUTIONS GROUP has acquired BIGGIN HILL HANGAR COMPANY, which owns Hangar 510 at London Biggin Hill Airport.
Business Aviation

SIMAERO, France has EASA certification for 737-800 full-flight simulator after a full upgrade of the flight model software (new Boeing model Block 3.0
Aerospace

VERTICAL AEROSPACE, UK secured $205m in additional funding from Mudrick Capital Management ($200m) and Kouros SA ($5m) to support path to scale
Aerospace

TRAX was selected by Transavia to provide its Line Control and QuickTurn eMobility apps for its maintenance operations in support of its 737NGs.
MRO