SpeedNews

FRONTIER AIRLINES had $26m net income on $935m revenues in 3Q24 vs $32m loss on $883m in 3Q23; y-o-y CASM dropped 6%.

SIDERAL LINHAS AEREAS, Brazil has acquired ex-LOT 737-700 (30651) and ex-KaiserAir 737-500 (25065).

LUFTHANSA GROUP had €1.1b net income on €28.1b revenues in 3Q24 vs €1.2b on €26.7b in 3Q23; pax airlines business segment earned €1.2b on €8.8b vs €1.3b on €8.5b and ended quarter with 731 aircraft, including six A380s.

CRANE AEROSPACE & ELECTRONICS earned $55m on $239m sales in 3Q24 vs $40m on $207m in 3Q23; y-o-y backlog rose 23%.

ETIHAD AIRWAYS plans July 17 to begin twice-weekly Abu Dhabi-Al Alamein, Egypt (A320).

JETBLUE had $60m net loss on $2.4b revenues in 3Q24 vs $153m loss on $2.4b in 3Q23; it met/exceeded all guidance.

PANASONIC AVIONICS was selected by Riyadh Air to supply Astrova IFE system for its 39 787-9s on order.

ZEROAVIA and POWERCELL agreed to develop intermediate/high-temp fuel cells for large fixed-wing aircraft and rotorcraft.

BOEING priced/upsized planned concurrent offerings to (1) 112.5m shares of common stock (par value $5 per share) at $143 each and (2) $5b depositary shares, representing 1/20th interest per share (par value $1 per share) at $50 each; it is projecting net proceeds of $20.72b before over-allotments.

Kyle Bonda to Regional Sales Manager-United States East Coast of Gulfstream Aerospace.

ABL AVIATION arranged €170m senior secured finance facility from KfW IPEX-Bank and NatWest for SWISSPORT INTERNATIONAL for electric GSE.

AIR ARABIA leased ex-Alaska A320-200 (5058) with CFM56s from Aviation Capital Group.

BREEZE AIRWAYS took delivery of new A220-300 (55310) on lease from AerCap, increasing A220 fleet to 31.

LATAM ordered 10 more 787-9s, and optioned five, to increase Dreamliner fleet (now 37) to 52 aircraft by 2030.

AVION EXPRESS leased ex-British Airways A321-200 (2653) with V2500s from BBAM.

THAI AIRWAYS took delivery of ex-Virgin Atlantic A330-300 (1329) on lease from CDB Aviation, completing deal for two.

IBOM AIR took delivery of two ex-China Express CRJ900LRs (15280/15281) on lease from TAFL (Formidion Aviation).