SpeedNews

AVOLON had $83m net loss on $470m lease revenues in 1Q21 vs $141m profit on $644m in 1Q20, and ended quarter with owned/managed/committed fleet of 840
Air Transport

TRANSAT secured C$700m in funding from Government of Canada (via LEEFF program) to offset losses from COVID-19.
Air Transport

JETBLUE AIRWAYS took delivery of its first (10303) of 13 A321LRs with the first Airspace interior for transatlantic service.
Air Transport

GOL

GOL had R$2.5b net loss in 1Q21 (vs R$2.3b loss in 1Q20) on 50% lower revenues, and ended quarter with R$1.8b in liquidity. It is initiating a capital
Air Transport

AIRBUS had €362m net income on €10.5b revenues in 1Q21 vs €481m net loss on €10.6b in 1Q20; Commercial Aircraft earned €343m (vs €57m) on 4% lower
Aerospace

CALLY AIR, Nigeria acquired second ex-airBaltic 737-300 (30334) for startup out of Calabar Airport (SPNWS; April 9).
Air Transport

BOEING says 737 program is currently producing at a low rate and expects to gradually increase production to 31 per month in early 2022; it adds 777
Aerospace

S7

HAWAIIAN AIRLINES had $60.7m net loss in 1Q21 (vs $144.4m loss in 1Q20) on 67.4% lower revenues; it has $1.9b cash.
Air Transport

GE AVIATION earned $641m on $5b revenues in 1Q21 vs $1b on $6.9b in 1Q20; it delivered 359 commercial engines (188 LEAPs) vs 530 (272). It says
Aerospace

BOEING posted $537m net loss on $15.2b revenues in 1Q21 vs $628m loss on $16.9b in 1Q20; BCA revenues fell to $4.3b, driven by lower 787 deliveries
Aerospace

AERCAP had $228m net income on $1.1b in 1Q21 vs $280m on $1.2b in 1Q20, and ended quarter with owned/managed/committed fleet of 1,321 aircraft with
Air Transport

GENERAL DYNAMICS AEROSPACE earned $220m on $1.9b sales in 1Q21 vs $240m on $1.7b in 1Q21, and ended quarter with $11.9b backlog vs $13.3b a year ago
Business Aviation