SpeedNews

RYANAIR reduced its full-year (to March 2021) traffic forecast from <35m pax to <30m due to travel restrictions in UK/Ireland.
Air Transport

ST ENGINEERING was licensed by Honeywell to provide component MRO and warranty repair services to all Asia Pacific operators for Honeywell components
MRO

SMBC AERO ENGINE LEASE (SAEL) purchased 31 engines and sold five in 2020, ending year with 70 engines in portfolio.
Air Transport

AIRBUS delivered 89 aircraft (six A220s; 67 A320 Family; five A330s; eight A350s; three A380s) in December vs 138 (seven A220s; 105 A320s; eight A330s
Air Transport

AIR LEASE CORPORATION delivered 10 new aircraft (two A320neos; six A321neos; A330-900; A350-1000) in 4Q20 vs 11 in 4Q19, and completed SLB deals for
Air Transport

DAE CAPITAL completed 125 aircraft lease agreements/extensions in 2020 vs 35 in 2019; it acquired 38 aircraft and sold 28 others, and ended year with
Air Transport

AVOLON completed 141 aircraft lease transactions in 2020 vs 109 in 2019, and executed SLB commitments for 44 aircraft worth US$2.3b. It ended year
Air Transport

IATA reports year-over-year global pax traffic dropped 70.3% in November; cargo fell 6.6%.
Air Transport

BLUEBERRY AVIATION teamed with Jobair Technics and Roth Intl. to provide nose-to-tail aircraft parking (up to 100 aircraft), maintenance
MRO

FAA

BOEING is expected to close its Advanced Developmental Composites (ADC) facility in Everett by mid-2021.
Aerospace

CRÉDIT AGRICOLE GROUP is contributing €100m into in Ace Aéro Partenaires aeronautical investment fund (managed by ACE CAPITAL PARTNERS) to support
Aerospace

ROLLS-ROYCE is considering temporary suspension of its UltraFan engine program following completion of the on-going demonstrator program in 2022.
Aerospace

GOL

GOL carried 16.8m pax in 2020, down 54% from 36.4m in 2019. It flew 33% more domestic RPKs (international service is still suspended) in December vs
Air Transport

BOC AVIATION signed lease agreements for 12 aircraft in 4Q20 (vs 37 in 4Q19) and 102 in 2020 (vs 87 in 2019). It ended year with owned/managed
Air Transport