SpeedNews

AERION plans to move headquarters/production to new $300m facility in Melbourne, FL; groundbreaking is planned in 2H20.
Business Aviation

UNITED completed 3.8b MileagePlus senior secured notes offering. MileagePlus subsidiaries also secured $3b term loan.
Air Transport

AZUL sold its indirect 6% stake in TAP AIR PORTUGAL to Portuguese Govt for R$65m; it is also withdrawing conversion rights of its €90m secured 2026
Air Transport

FASTJET, South Africa says without additional funding it will be forced to shut down at end of August; it has suspended operations through end of July
Air Transport

US TREASURY announced that American Airlines, Frontier Airlines, Hawaiian Airlines, Sky West Airlines, and Spirit Airlines have signed LOI setting out
Air Transport

AIR FRANCE plans to reduce its workforce by 16% by end of 2022 as it is predicting it will not see the same level of activity as in 2019 before 2024
Air Transport

ATR

NYXAIR, Estonia acquired TABY-converted Saab 340B Freighter (223) from Jetstream Aviation Capital.
Air Transport

DELTA sold 10 A220-100s to funds managed by affiliates of Apollo Global Management/Merx Aviation, and leased them back.
Air Transport

ATR

FALKO has added the CF34 to its engine leasing portfolio, managed in Dublin.
Air Transport

GLOBALX and BREEZE AIRWAYS plan to look at opportunities to cooperate as they develop their networks post-startup.
Air Transport