SpeedNews

SHELTAIR acquired APEX EXECUTIVE JET CENTER (FBO) at Orlando Melbourne, FL, expanding its 250,000 sq ft hangar facility at airport with 12,400 sq ft
Business Aviation

DELTA AIR LINES ordered 25 more GTF-powered, 194-seat A321neos, and has now ordered 125 for delivery starting in 1H22, holding purchase rights for
Air Transport

AWIN is forecasting delivery in North America of about 300 new commercial aircraft per year in 2021-2025.
Aerospace

TRANSAVIA FRANCE leased ex-Eastar Jet 737-800 (37770) from AMCK Aviation.
Air Transport

SUPER AIR JET, Indonesia leased ex-IndiGo A320-200 (4488) with V2500s from CDB Aviation for startup.
Air Transport

AERGO CAPITAL has acquired four unidentified ATR 72-600s in deal arranged by AELIS group; aircraft will be remarketed.
Air Transport

ETIHAD AIRWAYS is expected to retire its 19 777-300ERs starting in 2022 in favor of operating 787s and A350s.
Air Transport

AIRBALTIC signed a land reservation agreement with Riga Airport have to build 6,000 sq meter Baltic Cargo Hub for 1H24.
Air Transport

GULF AIR completed its first in-house C-Check of a 787-9 in Bahrain; milestone follows first A320neo C-Check in 2020.
MRO

TEM ENTERPRISES purchased two ex-THY 737-800s (34405/34407) for operation by AVELO AIRLINES; ALM arranged deal.
Air Transport

AMERICAN AIRLINES had $1.3b net loss in 1Q21 (vs $2.2b loss in 1Q20) on 53% lower revenues; it has $17.3b liquidity.
Air Transport

AIR MANAS, Kyrgystan leased ex-Red Wings A220-300 (55072) from GTLK, Russia; a second is expected.
Air Transport

SOUTHWEST AIRLINES had $116m net profit in 1Q21 (vs $94m loss in 1Q20) on 51.5% lower revenues; it has $15.3b liquidity.
Air Transport

ALASKA AIR GROUP had $131m net loss in 1Q21 (vs $232m loss in 1Q20) on 51% lower revenues; it has $5.3b liquidity.
Air Transport

INDIGO agreed to sell seven A320neos and seven A321neos, with LEAP engines, to GECAS for leaseback from 4Q21-2Q22.
Air Transport

AAR

AAR has long-term United Airlines contract to provide heavy maintenance on its narrowbody aircraft at Rockford, IL.
MRO

PILATUS earned CHF155m on CHF1.1b revenues in 2020 vs CHF153m on CHF1.1b in 2019; it delivered 129 aircraft vs 134.
Business Aviation

REX

REX, Australia acquired ex-Virgin Australia 737-800 (33794), increasing fleet to six; aircraft were painted with various coatings supplied by PPG. Rex
Air Transport

IATA is now projecting net airline industry losses of $47.7b in 2021 vs $126.4b loss in 2020, saying that current crisis is longer and deeper than
Air Transport

CHINA SOUTHERN AIRLINES took delivery of fourth/fifth new 787-9s (60314/64239) on lease from Air Lease Corporation.
Air Transport