SpeedNews

AQUILA AIR CAPITAL was formed by Warburg Pincus, Kepler Hill Capital and Al Wood to purchase/finance/lease commercial aircraft, engines and other
Air Transport

Steven Graham to Head of Americas, based in New York, of Avolon.
Air Transport

Felipe Campos to Chief Technical Officer of Avolon, Dublin.
Air Transport

AIR NOSTRUM is seeking €103m in loans from fund managed by SEPI to offset losses due to COVID-19 and forecast of slower recovery than originally
Air Transport

FALKO REGIONAL AIRCRAFT priced its inaugural ABS financing transaction, Regional 2021-1, which totals $255m to refinance portfolio of 39 regional jet
Air Transport

ALASKA AIRLINES plans June 1 to begin daily Burbank-Santa Rosa/Sonoma County (E175) to compete with AVELO.
Air Transport

FREEBIRD AIRLINES plans in July to begin Antalya-Manchester/-London Gatwick (A320).
Air Transport

AIR FRANCE plans July 2 to begin three-times-weekly Paris CDG-Denver, CO (787-9).
Air Transport

TURKISH AIRLINES has cancelled 10 of its 63 remaining 737 MAXs on order and converted another 40 into options until December 21, 2021; the remaining
Air Transport

ALTA members flew 25.6b RPKs in February, down 66% vs Feb 2020; capacity fell 54% to 43.5b ASKs. Pax fell 55.7%.
Air Transport

DELTA AIR LINES had $1.2b loss in 1Q21 (vs $74m loss in 1Q20) on 60% lower revenues; its average cash burn was $11m per day, which included a positive
Air Transport

Carter White was promoted to Chief Revenue Officer of Aviation Capital Group, CA (effective May 1).
Air Transport

VIRGIN AUSTRALIA agreed to re-lease 10 of its previously operated 737-800s from various lessors to facilitate network growth that includes planned
Air Transport