SpeedNews

CARGOLUX had US$769m net profit in 2020 (vs $20m in 2019) on 40% higher revenues, and ended year with 30 747Fs.
Air Transport

FRONTIER AIRLINES took delivery of three LEAP-powered A320neos (10384/10452/10510) on lease from Jackson Square Aviation.
Air Transport

EMBRAER booked order in April for 30 E195-E2s from an undisclosed customer for delivery starting in 2022.
Air Transport

BREEZE AIRWAYS took delivery of ex-Air Canada E190 (115) on lease from Nordic Aviation Capital.
Air Transport

VIVA AEROBUS, Mexico secured US$150m in funding from CarVal Investors over next five years to finance growth.
Air Transport

MESA AIR GROUP has secured $195m from US Treasury via Payroll Support Program 3 in exchange for stock warrants.
Air Transport

LUFTHANSA GROUP had €1b net loss in 1Q21 (vs €2.1b loss in 1Q20) on 60% lower revenues, and ended quarter with €10.6b in liquidity; traffic revenues
Air Transport

AVELO AIRLINES launched operations out of Burbank, CA (to Sonoma County, CA). It plans to eventually serve 11 routes,
Air Transport

JUNEYAO AIRLINES, China leased new GTF-powered A321neo (10276) from Aviation Capital Group.
Air Transport

EMBRAER had US$89.7m net loss on US$807.3m revenues (33.7% commercial aviation) in 1Q21 vs US$292m loss on US$633.8m (21.9%) in 1Q20 and ended quarter
Aerospace

CATHAY PACIFIC plans May 21 to resume weekly Hong Kong-Dubai (A330-300).
Air Transport

PEGASUS plans May 7 to begin twice-weekly Istanbul-Batumi, Georgia/-Odesa, Ukraine/-Iğdır, Turkey (737).
Air Transport

Anko Van der Werff to President and Chief Executive Officer of SAS.
Air Transport