SpeedNews

GLOBAL CROSSING AIRLINES plans $5m private offering to complete FAA certification process for A320 wet-lease/charters.
Air Transport

Sean O’Connor to Managing Director Americas & Vice President-Commercial, based in Miami, of Acumen Aviation.
Air Transport

ICAO reports international pax traffic fell 60% to 1.8b pax in 2020 (vs 4.5b in 2019), bringing air travel back to 2003 levels; numbers also point to
Air Transport

FRANKFURT AIRPORT handled 18.8m pax in 2020, down 73.4% from record 70.5m in 2019; cargo dropped 8.5% and aircraft movements fell 58.7%.
Air Transport

VIRGIN ATLANTIC AIRWAYS secured financing relating to two 787s in partnership with Griffin Global Asset Management and Bain Capital Credit to
Air Transport

AVIATION CAPITAL GROUP closed sale of $750m of 1.950% senior unsecured notes for general corporate purposes.
Air Transport

FLYCAA (Compagnie Africaine d'Aviation), Congo leased ex-Air Europa A330-200 (505) from Carlyle Aviation Partners.
Air Transport

Jeff Martin announced retirement as Executive Vice President and Chief Operating Officer of WestJet (effective February 26).
Air Transport

US DOT says US scheduled pax airlines employed 366,750 full-time equivalent (FTE) workers in Nov, down 19.3% vs Nov '19.
Air Transport