SpeedNews

CHINA EASTERN AIRLINES posted RMB11.8b net loss in 2020 (vs RMB3.2b net profit in 2019) on 51.5% lower revenues.
Air Transport

AIRBUS and LUFTHANSA TECHNIK teamed to provide reversible Cargo-in-Cabin solution for A330. LHT owns STC and will provide the modification kits.
MRO

DUBAI INTL AIRPORT handled 5.75m pax in 1Q21, down 68% vs 1Q20.
Air Transport

AMERICAN has secured $3.3b from US Treasury via Payroll Support Program 3 in exchange for stock warrants.
Air Transport

FINNAIR lost €143.2m in 1Q21 (vs €91.1m loss in 1Q20) on 80% lower revenues, ending quarter with €665.3m cash. It increased its savings target of
Air Transport

RYANAIR issued early release of its Summer 2022 schedule that includes >10,000 weekly flights to 500 destinations in Europe.
Air Transport

LAX

LAX handled 2.6m pax in March, down 20.5% vs March 2020.
Air Transport

EMBRAER delivered 13 business jets (10 Phenoms/three Praetors) in 1Q21 vs nine (five Phenoms/four Praetors) in 1Q20.
Aerospace