SpeedNews

GAMA added SIKORSKY as a full member and eRC-SYSTEM, GENUEN and UNIVERSAL HYDROGEN as associate members EPIC.
Business Aviation

HÉROUX-DEVTEK had C$19.8m net profit on C$571m sales for year ended March 31 vs C$50.7m net loss on C$613m a year ago, and ended year with C$717m
Aerospace

TRIUMPH GROUP had $450.9m net loss on $1.9b net sales for year ended March 31 vs $29.4m loss on $2.9b a year ago, and ended year with $1.9b backlog
Aerospace

QANTAS GROUP is projecting that total revenue loss since start of COVID-19 pandemic will reach A$16b by the end of FY21; it has A$4b in total
Air Transport

ALTA members flew 27.4b RPKs in March, down 66% vs March 2019; capacity fell 70% to 43.3b ASKs. PLF was 63.3%.
Air Transport

DALAVIATION, Switzerland ordered one Cessna Citation CJ4 Gen2 for delivery in mid-2021; it is first Gen2 customer in Europe.
Business Aviation

AIR MALTA plans to increase summer flight schedule to 51 weekly flights to 15 destinations, but is significantly less than 2019.
Air Transport

ANA HOLDINGS plans public offering of ¥10b in sustainability-linked bonds; SMBC Nikko Securities is structuring agent.
Air Transport

SINGAPORE AIRLINES is proposing to issue second tranche of mandatory convertible bonds to raise about S$6.2b in liquidity.
Air Transport

SIA GROUP had S$4.3b net loss for year ended March 31 (vs S$212m loss a year ago) on 76.1% lower revenues; it says its operating fleet currently
Air Transport

JETBLUE plans to begin JFK-London Heathrow on August 11; JFK-Gatwick on Sep 29; Boston-London in mid-2022 (A321LR).
Air Transport

RYANAIR had €815m net loss for year ended March 31 (vs €1bm profit a year ago) on 81% lower revenues; it has €3.15b cash.
Air Transport