SpeedNews

ATP

AIRBRIDGECARGO AIRLINES (Volga-Dnepr Group) converted the operating leases of two 747-8Fs (63695/63781) to finance leases with Voyager Avaition
Air Transport

FEDEX EXPRESS is expected to retire its MD-10 fleet by FY22; it currently operates 17.
Air Transport

SOUTHWEST AIRLINES took delivery of another 737 MAX-8 (61868) on lease from SMBC Aviation Capital.
Air Transport

DORIC acquired two aircraft engines under its SkyLux 225 SA securitization vehicle for leaseback to subsidiary of European engine manufacturer; Prime
Air Transport

CUSCO AVIATION, CA extended leases of six managed engines and APUs under COVID-19 lessee support arrangements: CF6-80C2; CFM56-7B22; CFM56-3C1
Air Transport

SKYSCANNER, UK has developed 'Unserved Routes' data module to assist airlines and airports identify profitable, unserved routes for recovery.
Air Transport

HAI

HAI has cancelled HELI-EXPO 2021, which was scheduled for late March in New Orleans, due to COVID-19 pandemic.
Aerospace

UNITED AIRLINES reported net losses of $1.9b in 4Q20 (vs $641m profit in 4Q19) on 68.7% lower revenues, and $7.1b in 2020 (vs $3b profit in 2019) on
Air Transport

DE HAVILLAND CANADA says it is investigating future production options, including a pause, after 2023 due to shrinking Dash 8-400 backlog (said to be
Aerospace

GDRFA reports Dubai airports handled 17.9m pax in 2020 vs 88.5m in 2019.
Air Transport

IATA predicts 2020 and 2021 will be a little short of a disaster for European air transport; >7m jobs have been lost or are at imminent risk due to
Air Transport