SpeedNews

CARGOJET, Canada closed previously announced offering of 1.6m shares for aggregate gross proceeds of C$350.2m.
Air Transport

ATR

WHEELS UP plans to become public-traded company via SPAC merger with ASPIRATIONAL CONSUMER LIFESTYLE that values company at $2.1b; Jefferies acted as
Business Aviation

DC AVIATION GROUP opened 77 sq meter business jet wheel shop at Stuttgart, Germany.
MRO

DAE

AIR ARCHIPELS, Tahiti ordered one each Beechcraft King Air 260 and King Air 260C (with cargo door) for delivery in 2H21.
Business Aviation

ANA HOLDINGS had ¥309.5b net loss for nine months ended December 31 (vs ¥86.4b profit a year ago) on 66.7% lower revenues; its air transportation
Air Transport

Robert Neal to Senior Vice President-Corporate Finance and Treasurer of Allegiant, Las Vegas.
Air Transport

Rebecca Henry to Senior Vice President and Chief Human Resources Officer of Allegiant, Las Vegas.
Air Transport

BERLIN BRANDENBURG plans Feb 23 to close Terminal 5 (formerly Schönefeld Airport) for an initial period of one year due to fall in traffic from COVID
Air Transport

UEC-KLIMOV began testing first VK-650V light helicopter engine, which is manufactured with 12% of 3D-printed parts
Business Aviation

AAPA estimates members flew 5.8b RPKs in December, down 95.3% vs December 2019, and 271.5b RPKs in 2020, down 80.6% vs 2019; capacity dropped 86.9% in
Air Transport