SpeedNews

WIZZ AIR expects to post net loss of €570m-€590m for year ended March 31, ending year with €1.6b in total liquidity.
Air Transport

FRANKFURT AIRPORT handled 925k pax in March, down 56.4% vs March 2020; air cargo increased 24.6%. It adds 1Q21 pax traffic decreased 77.6% vs 1Q20.
Air Transport

NAV CANADA reports March traffic (measured in weighted charging units for navigation services) fell 40.9% vs March 2020 and 57.4% vs March 2019.
Air Transport

VOLARIS says it has targeted additional working capital relief of US$100m via payment deferrals and optimized fleet plans for post-COVID traffic
Air Transport

AIRBALTIC had €264.6m net loss in 2020 (vs €9.1m loss in 2019) on 72% lower revenues; enplanements dropped 73%.
Air Transport

AEROCENTURY had $42.2m net loss on $16m revenues in 2020 vs $16.7m loss on $44m in 2019; it has eight aircraft.
Air Transport

QANTAS GROUP says it is now sticking with plan to resume international service in October 2021; 22 of 25 routes served prior to COVID-19 would use
Air Transport

AMERICAN reached agreement with Boeing to defer/convert five 787-8s to 787-9s for delivery in 2023; 14 787-8s are now scheduled to occur by end 1Q22
Air Transport

JAZEERA AIRWAYS, Kuwait received Board recommendation to increase its current capital by 10% from KD20m to KD22m (to combat COVID-19 crisis) via share
Air Transport