SpeedNews

VERTEX AEROSPACE has $65.6m USAF contract mod for providing logistics support for >170 T-1A trainers (Hawker 400As).
MRO

CARGOJET announced fleet expansion plan to add five 767Fs (two for domestic service/three for international) for delivery starting in 3Q21 and two
Air Transport

MESA had $14.1m net income for first quarter ended Dec 31 (vs $10.8m a year ago) on 18% lower revenues, and ended quarter with 136 aircraft in service
Air Transport

TDA

DAE

DAE had US$250.2m pretax profit on US$1.3b revenues in 2020 vs $413.6m on $1.4b in 2019. It has $2.7b of liquidity.
Air Transport

PWI

PWI, KS announced it now has FAA STCs for its window LED upgrade for all King Air models.
Business Aviation

SINGAPORE AIRLINES GROUP is deferring >S$4b in CAPEX (aircraft deliveries) from FY20/21-FY22/23 to later years; it also converted 14 787-10s to 11 777
Air Transport

AEA

AEA (Aircraft Electronics Association) says global business/general aviation avionics sales totaled $2.2b, down 26% vs 2019.
MRO

AERION and NASA agreed to joint study to accelerate commercialization of ultra-high-speed (Mach 3-Mach 5; approaching hypersonic flight) and
Business Aviation