SpeedNews

CAE

LUFTHANSA SYSTEMS has Lufthansa Group contract to provide its NetLine/Ops ++ operations management system (initially) for Lufthansa, Lufthansa
Air Transport

SPIRIT AIRLINES had $81.2m net income in 4Q19 (vs $91.9m in 4Q18) on 12.4% higher revenues, and $335m net income in 2019 (vs $156m in 2018) on 15.3%
Air Transport

IATA reports year-over-year global pax traffic rose 4.2% in 2019 (vs 7.3% growth in 2018) on 3.4% higher capacity; air cargo fell 3.3% on 2.1% higher
Air Transport

MAGNETIC MRO agreed to purchase four 737CLs (27454/29073/29075/29267) from airBaltic; it plans to remarket aircraft.
Air Transport

SPIRIT sold sixth new A320neo to Jackson Square Aviation, and leased it back; Smith, Gambrell & Russell advised full deal.
Air Transport

JET2.COM, UK leased ex-Thomas Cook A321-200 (6639) with CFM56s from Avolon.
Air Transport

CONTOUR AIRLINES plans June 10 to begin twice-daily St. Louis-Indianapolis (ERJ).
Air Transport

AIR FRANCE took delivery of its fourth A350-900 (381), the 350th A350; it plans to take 38 A350s by 2025.
Air Transport

Erlendur Svavarsson to Chief Executive Officer of Cabo Verde Airlines.
Air Transport

PEGASUS is expected to write-off 737-800 (37742) following runway excursion after landing at Istanbul-Sabiha Gökçen.
Air Transport