SpeedNews

ALTA added VOEPASS Linhas Aéreas as a member airline; it operates 13 ATRs to 33 cities within all regions of Brazil.
Air Transport

SWISS announced it is temporarily withdrawing 28 older Airbus A320 Family aircraft for the winter timetable period, leaving short- and medium-haul
Air Transport

US DOT says US scheduled pax airlines employed 702,068 workers in September vs 745,849 in September 2019 and 704,486 in August 2020.
Air Transport

VUELING has assumed three ex-LEVEL A321-200s (6454/6629/6719) with CFM56s; aircraft are leased from Bocomm Leasing.
Air Transport

ATLAS AIR had $74.1m net income for 3Q20 (vs $60m in 3Q19) on 25% higher revenues; block hours rose 14%.
Air Transport

TITAN AIRCRAFT INVESTMENTS secured $300m in financing from a subsidiary of CDPQ and BNP Paribas, plus $200m bridge financing from volofin Capital
Air Transport

Eelco van de Stadt to President, based in London, of PK AirFinance (effective January 2021); Per Waldelof is retiring.
Air Transport

BOMBARDIER AVIATION had $114m EBITDA on $1.4b revenues in 3Q20 vs $154m on $1.6b in 3Q19; it delivered 24 business jets (13 large) vs 31 a year ago
Business Aviation

WIZZ AIR posted €144.9m net loss in six months ended Sept 30 (vs €368.8m net profit a year ago) on 72% lower revenues, and has €1.6b in cash.
Air Transport

EUROWINGS has lost €563m in January-September 2020 (vs 70m loss a year ago) on 69% lower revenues.
Air Transport

BRUSSELS AIRLINES has lost €256m in January-September 2020 (vs breakeven a year ago) on 70% lower revenues.
Air Transport

AUSTRIAN AIRLINES has lost €405m in January-September 2020 (vs €14m profit a year ago) on 74% lower revenues.
Air Transport

SWISS has lost €444m in January-September 2020 (vs €455m profit a year ago) on 63% lower revenues.
Air Transport

LUFTHANSA GERMAN AIRLINES has lost €3.9b in Jan-Sept 2020 (vs €1.1b profit a year ago) on 72% lower revenues.
Air Transport

LUFTHANSA GROUP posted net loss of €2b in 3Q20 (vs €1.2b net profit in 3Q19) on 74% lower revenues and ended quarter with €10.1b of available
Air Transport

AVION EXPRESS MALTA agreed to lease one A321 (TBA) from AerCap; two additional A320 Family are expected in 1H21.
Air Transport