SpeedNews

IATA reports global pax traffic dropped 72% in January (vs Jan 2019) on 58.7% lower capacity; cargo traffic increased 1.1%.
Air Transport

CARGOJET earned C$291.4m in 2020 (vs C$156m in '19) on 37.4% higher revenues; block hours rose 46.3%. It has 28 aircraft.
Air Transport

GRANDVIEW AVIATION opened seventh Phenom 300 base at Hanscom Field in Boston Metropolitan area.
Business Aviation

JET MS (Avia Solutions Group) acquired UK-based RAS GROUP, comprising RAS COMPLETIONS and RAS INTERIORS.
Business Aviation

AERCAP had $295m net loss on $4.5b revenues in 2020 vs $1.2b net income on $4.9b in 2019 and ended year with owned/managed/committed fleet of 1,330
Air Transport

FORWARDKEYS says domestic air travel in China during New Year Golden Week (Feb 11-17) was down 69.3% vs a year ago.
Air Transport