SpeedNews

DELTA AIR LINES plans early retirement of its 717-200s and remaining 767-300ERs by end 2025 and its CRJ200s by end 2023.
Air Transport

AMERICAN AIRLINES secured term loan facility with US Treasury Department to borrow up to $5.48b under CARES Act; it took initial $550m and says it may
Air Transport

SAMAD AEROSPACE, UK unveiled concept for Q-Starling, a high-end Personal Air Vehicle (PAV), which will be powered by a hybrid-electric turbo-generator
Business Aviation

OWG

KBRA expects aircraft lessors will be challenged with remarketing numerous aircraft due to airline defaults, which may drive lease rates downward
Air Transport

AAR

AAR lost $14.5m on $401m sales in first quarter ended Aug 31 vs $4.4m net profit on $542m a year ago; sales to govt/defense customers were 56% of
Aerospace

AVIATION CAPITAL GROUP closed $450m unsecured term loan with it parent Tokyo Century Corporation, supported by Japanese financial institutions.
Air Transport

AZUL received ANAC certification for its E195 adapted dedicated cargo aircraft and plans by end of 2020 to operate four along with two 737-400Fs
Air Transport