SpeedNews

GOL

GOL posted R$5b net loss in 2020 (vs R$692m profit in 2019) on 7% lower revenues. It ended year with 127 737s (seven MAXs) with 73 737-8s and 22 737
Air Transport

US DOT says US scheduled pax airlines employed 397,999 full-time equivalent (FTE) workers in mid-January 2021, down 12.8% vs mid-January 2020.
Air Transport

US TRAVEL ASSOCIATION reports travel’s economic footprint in US shrank 42% in 2020 from $2,600b to $1,500b; travel-supported jobs dropped 65%.
Air Transport

ATR

ATR outlined plan for recovery in 2021 that includes upgrades to enhance operational efficiency/reduce maintenance costs, increase presence in cargo
Aerospace

IATA has postponed its 77th Annual Meeting from June 27-29 to October 3-5 in Boston, MA; JETBLUE AIRWAYS is host.
Air Transport

AIR TRANSAT plans to resume service on June 14 with 26 aircraft A321s/A330s; it plans to return 737-800 (30696) to lessor.
Air Transport

ITP AERO says its does not expect demand will recover to 2019 volumes until 2024-2025; 2020 revenues fell 25% to €735m.
Aerospace

Bjorn Tore Larsen to Chief Executive Officer of Norse Atlantic Airways, Norway.
Air Transport

CHORUS AVIATION secured capital investment from RBC CAPITAL MARKETS for C$100m in stock units for resale to public; concurrently, it plans private
Air Transport