SpeedNews

JETBLUE revised its delivery schedule with Airbus to reduce CAPEX by $1.1b through 2022; it now plans to take delivery of one A220/seven A321s in 2020

WIZZ AIR agreed to sell six GTF-powered A321neos to BOC Aviation for leaseback for delivery in 2020-2021.

AIRBALTIC secured agreement for €250m cash injection from the Latvian Govt, increasing its ownership from 80.05% to 91%.

COLLINS AEROSPACE earned $1.1b on $6.4b in 1Q20 vs $856m on $6.5b in 1Q19; commercial aftermarket sales rose 3%.

LUFTHANSA GROUP is negotiating €9b stabilization package with the German Government that would comprise silent participation and secured loan that

SPIRIT AIRLINES lost $27.8m in 1Q20 (vs $56.1m net income in 1Q19) on 10% lower revenues and commenced public offerings of 12m shares of stock and

INTERNATIONAL AIRLINES GROUP lost €1.7b in 1Q20 (vs €70m net profit in 1Q19) on 13.4% lower revenues and says it does not expect last year's level of

ROLLS-ROYCE reduced its delivery projection for 2020 from 450 widebody engines to about 250 and says it plans to announce workforce reductions (said