SpeedNews

AVOLON executed 16 lease transactions in 2Q20 vs 24 in 2Q19; it cancelled another 27 737 MAXs (now 102) and one A330neo, and deferred three A320neos
Air Transport

AUSTRIAN AIRLINES (Lufthansa Group) received European Commission approval for €150m in state aid (subordinated loan convertible into a grant) to
Air Transport

GARUDA INDONESIA had US$123.5m net loss for 1Q20 (vs 19.7m net profit in 1Q19) on 30% lower revenues.
Air Transport

AIRASIA GROUP posted RM953m net loss for 1Q20 (vs RM102m profit in 1Q19) on 15% lower revenues.
Air Transport

AEROMEXICO is expected to return 23 aircraft (10 737NGs/nine E170s/four E190s) to lessors as part of its reorganization.
Air Transport

SKYWORKS has been retained by bondholder group in LATAM 2015-1 EETC to manage repossession/emarketing of 17 aircraft (11 A321-200s/four 787-9s/two
Air Transport

AVIATION CAPITAL GROUP announced it has to date agreed to defer about $61m in lease payments (about 6% 2019 revenues). It also expects to defer
Air Transport