SpeedNews

EMBRAER delivered nine commercial jets (two E1s/seven E2s) in 1Q21 vs five (three E1s/two E2s) in 1Q20.
Aerospace

MTI INSTRUMENTS, NY introduced PBS-4100+ portable vibration and balancing system (PBS Gen 4) with third tachometer input to support three-spool
MRO

AFI KLM E&M renewed deal with Gulf Air to provide full component support program for A320ceo/neo Family aircraft.
MRO

AEROCENTURY, CA received Bankruptcy Court authorization to continue to access funding and approval for marketing and sale procedures with respect to
Air Transport

AIRCASTLE extended $1b revolving credit facility with ten global financial institutions from June 2022 to April 2025.
Air Transport

GRIFFIN GLOBAL ASSET MANAGEMENT closed $1b warehouse facility via joint venture with BAIN CAPITAL CREDIT to build a diversified aviation portfolio in
Air Transport

JETBLUE had $247m net loss in 1Q21 (vs $268m loss in 1Q20) on 54% lower revenues. It ended quarter with $3.2b in cash.
Air Transport

COLLINS AEROSPACE earned $314m on $4.4b sales in 1Q21 vs $1.2b on $6.4b in 1Q20; and PRATT & WHITNEY earned $20m on $4b sales in 1Q21 vs $475m on $5
Aerospace

FLIGHTAWARE says China has officially surpassed 2019 commercial flight traffic levels for first time since pandemic began.
Air Transport

Ashley Udick to General Manager of Aero Center Lakeland, FL.
Business Aviation

AIR CAIRO took delivery of new 186-seat A320neo (10152) with LEAPs on lease from ICBC Leasing.
Air Transport

WERNER AERO SERVICES acquired two ex-Air Canada E190s (118/149) from Beautech Power Systems for part out.
MRO

SINGAPORE AIRLINES plans May 4 to resume Singapore-Denpasar (737-800).
Air Transport

DELTA AIR LINES has secured $3.1b from US Treasury via Payroll Support Program 3 in exchange for stock warrants.
Air Transport

DELTA AIR LINES plans to begin daily JFK-Athens on May 28 and daily Atlanta-Athens on July 2 (A330).
Air Transport

CATHAY PACIFIC AIRWAYS is expected reduce its 777X order from 21 to 10-15 for delivery starting in 2025.
Air Transport

PIA ENGINEERING was selected by Vitnam's Bamboo Airways as strategic partner to provide component support; aircraft spare parts, components, and
MRO

AIR SERBIA leased ex-Aeroflot A330-200 (973) with Trent 700s from AerCap.
Air Transport

QATAR AIRWAYS plans June 16 to begin three-times-weekly Doha-Accra-Abidjan, Côte d’Ivoire (787).
Air Transport

SKYWEST AIRLINES has secured $250m from US Treasury via Payroll Support Program 3 in exchange for stock warrants.
Air Transport

CAA CONGO, Democratic Republic of Congo leased converted ATR 72-500F (775; ex-Jet Airways) from Aergo Capital.
Air Transport