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

DELTA AIR LINES plans September 9 to begin three-times-weekly Portland, OR-Seoul, South Korea (A330-200).
Air Transport

SOUTHWEST AIRLINES announced its ongoing support for US DOE's National Renewable Energy Laboratory (NREL) to develop commercially viable and scalable
Air Transport

AMERICAN AIRLINES plans October 31 to begin JFK-New Delhi, India on October 31 (777-200).
Air Transport

DASSAULT AVIATION plans to announce an all-new Falcon business jet on May 6; Falcon 6X is now in flight tests.
Business Aviation

GLOBAL CROSSING AIRLINES secured US$10m equity investment from ASCENT GLOBAL LOGISTICS, MI, which operates a domestic expedited air charter operation
Air Transport

JETBLUE AIRWAYS plans (via Northeast Alliance with American) to add seven new destinations in 2021/2022: San Antonio; Kansas City; Milwaukee
Air Transport

SUN COUNTRY AIRLINES leased ex-Norwegian (42084) from Jackson Square Aviation.
Air Transport

MUNICH AIRPORT and SOF CONNECT (Meridiam and Strabag) assumed full responsibilities and business activities of Bulgaria’s SOFIA AIRPORT.
Air Transport

JET LINX, NE introduced Joint Ownership Program to provide all the benefits of owning a private jet, but at 50% of the cost.
Business Aviation

BOMBARDIER opened its 10th global line maintenance station at Geneva Airport, Switzerland with 10,000 sq meter hangar.
Business Aviation

AMERICAN AIRLINES plans November 2 to begin twice-daily St. Louis-Boston (A319).
Air Transport

SKYWORKS says in 1Q21 it arranged leases for 11 A321-200s to LATAM AIRLINES GROUP on behalf of a group of bondholders in the LATAM 2015-1 EETC, the
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

CRONO AVIATION, Canada leased ex-Air Transat 737-800 (30631) from Carlyle Aviation Partners.
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

AMES completed 17-week renovation/expansion of its component repair/overhaul and manufacturing facility in Wilmington, OH in partnership with
MRO

VERTEX AEROSPACE, MS has $882m Contractor Logistics Support (CLS) task order to provide supply chain management for the E-6B (707) Mercury Airborne
Defense

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

CZECH AIRLINES TECHNICS (CSAT) was approved to provide 737 MAX base maintenance at Prague; LOT is launch customer.
MRO