SpeedNews

FINNAIR GROUP received EC approval for €351.38m state aid to compensate airline for 2020 damages from COVID-19.
Air Transport

CALC earned HK$949m on HK$3.5b revenues in 2020 vs HK$968m on HK$3.5b in 2019, and ended year with owned/managed fleet of 128 aircraft; its owned
Air Transport

SKYWORKS was mandated by Wilmington Trust to remarket two A350-900s, four 787-9s and 11 A321-200s, now parked in Victorville, CA, owned by LATAM 2015
Air Transport

AVCORP INDUSTRIES secured US$24m funding, which includes US$13m revolving credit facility from a significant shareholder and elimination of cash
Aerospace

AERSALE, FL had $8.5m net income on $209m revenues in 2020 vs $15.5m on $304m in 2019, driven by lower revenues from its Asset Management Solutions
Aerospace

UNITED says it has seen improvement in demand/new bookings vs previous estimations and now expects core cash flow for March 2021 to be positive; it
Air Transport

NORSE ATLANTIC AIRWAYS, Norway is being formed for startup of long-haul, low-cost services in late 2021 to capitalize on transatlantic routes vacated
Air Transport