SpeedNews

IATA reports global pax traffic dropped 67.2% in March (vs Mar 2019) on 56.8% lower capacity; cargo traffic increased 4.4%.
Air Transport

US DOT reports 23 US scheduled pax airlines recorded cumulative net loss of $35b in 2020 vs net profit of $14.7b in 2019.
Air Transport

SOUTHWEST AIRLINES plans June 6 to resume daily Houston Hobby-San Jose, Costa Rica/-Liberia, Costa Rica (737).
Air Transport

BOMBARDIER expects to post $1.3b in business jet revenues for 1Q21, up 18% vs 1Q20, and says it remains on track to deliver 110-120 business jets in
Air Transport

SINGAPORE AIRLINES sold one A350-900 and one 787-10 to Aergo Capital, four A350-900s to Altavair, one A350-900 and two 787-10s to EastMerchant/Crianza
Air Transport

CARGOJET earned C$45.3m in 1Q21 (vs C$32.2m in 1Q20) on 30% higher revenues, citing growth of e-Commerce.
Air Transport

WILLIS LEASE FINANCE CORPORATION has proposed to offer $336.7m in fixed rate notes via its WEST subsidiary.
Air Transport

SKYWEST had $35.9m net income in 1Q21 (vs $30m in 1Q20) on 26.8% lower revenues and ended quarter with $836m cash.
Air Transport

AIR LEASE CORPORATION amended and extended its senior unsecured revolving credit facility across 50 financial institutions, (JPMorgan Chase Bank, N.A
Air Transport

MTU AERO ENGINES had €49m net income on €989m revenues in 1Q21 vs €112m on €1.3b in 1Q20, and ended quarter with order backlog of €20.2b, up 9% from
Aerospace

SAFRAN reported revenues of €3.3b in 1Q21 vs €5.4b in 1Q20; Aerospace Propulsion fell 37.5% and Aircraft Interiors fell 55%.
Aerospace

CFM INTERNATIONAL delivered 26 CFM56s/188 LEAPs in 1Q21 vs 54/272 in 1Q20; it has backlog of >9,200 LEAP engines.
Aerospace