SpeedNews

VOLARIS lost MXP4.3b in 2020 (vs MXP2.6b profit in 2019) on 36% lower revenues and ended year with 86 aircraft (six A319s, 64 A320s and 16 A321s); it
Air Transport

AIRLINES REPORTING CORP (ARC) reports net sales from ARC-accredited travel agencies totaled $1.3b in January 2021, up 21% from December 2020.
Air Transport

JETBLUE and AMERICAN launched first phase of their Northeast Alliance with ~80 routes sharing both airline codes; JetBlue also announced 15 new routes
Air Transport

YIELDSTREET, NY has launched an Aviation Fund to provide aviation investors with low-cost exposure to its commitments for approximately 40 leased
Air Transport

US DOT says US scheduled pax airlines employed 379,302 full-time equivalent (FTE) workers in December (lowest since Jan 1990), down 16.7% vs Dec 2019.
Air Transport

GROUPE ADP (formerly Aéroports de Paris) had €1.5b net loss in 2020 (vs €637m net income in 2019) on 54.5% lower revenues; airport fees fell 64%.
Air Transport

WESTJET has suspended service to St. John's; London, ON; Lloydminster; and Medicine Hat through June 24 due to COVID-19.
Air Transport

AFI KLM E&M lost €543m on €2.9b revenues in 2020 vs €260m profit on €4.6b in 2019; third party revenues fell 41.4%.
MRO

FINNAIR GROUP lost €595m in 2020 (vs €163m profit in 2019) on 73.2% lower revenues; enplanements were down 76.2%.
Air Transport

MTU AERO ENGINES had €147m net income on €4b revenues in 2020 vs €488m on €4.6b in 2019; commercial OEM revenues fell 32% and commercial maintenance
Aerospace