SpeedNews

SPIRIT AIRLINES had $112.3m net loss in 1Q21 (vs $27.8m loss in 1Q20) on 40.2% lower revenues, and ended quarter with $1.9b liquidity and operating
Air Transport

AIRCASTLE had $95.8m net loss on $197.5m revenues for quarter ended February 28; it has 252 aircraft vs 272 a year ago. It reports as of April 15 it
Air Transport

VOLARIS, Mexico has agreed to lease eight A321neos in 2021 (on top of three to be purchased from Airbus) to take advantage of what it calls favorable
Air Transport

AEROMEXICO had MXP4.2b net loss in 1Q21 (vs MXP2.5b loss in 1Q20) on 51.3% lower revenues, and ended quarter with MXP18b cash and operating fleet of
Air Transport

TRUE BLUE POWER, KS introduced TB60 lithium-ion aircraft battery that it says saves 50 lb for larger Part 135, 29 and 25 jets.
Business Aviation

US DOT says US domestic air fares averaged all-time low of $292 in 2020 ($261 in 4Q20), down 17.6% from $355 in 2019.
Air Transport