SpeedNews

AMERICAN AIRLINES plans to invest $550m into TECH OPS-TULSA over next seven years to build new 193,000 sq ft hangar (to replace two outdated hangars)
MRO

AER LINGUS leased fourth new LEAP-powered A321LR (9187) from Air Lease Corporation; four more are planned.
Air Transport

BONUS TECH, Miami was selected by Royal Aero to part out a GE90-115B
MRO

AVENTURE AVIATION acquired ex-La Campagnie 757-200 (27208) from Aerolease for part out by AERSALE in Goodyear, AZ. It says planned retirements of 757s
Air Transport

ACI

ACI reports year-over-year world airport passenger traffic increased 4.9% in December and 3.4% in 2019; cargo fell 0.1% in December and 3.5% in 2019.
Air Transport

AEROFLOT took delivery of its first A350-900 (383); it has ordered 22. It also has 107 A320 Family aircraft and 19 A330s.
Air Transport

AIRASIA X lost MYR489.5m in 2019 (vs MYR301.5m loss in 2018) on 14% lower revenues; enplanements rose 8%.
Air Transport

AIRASIA GROUP lost MYR286m in 2019 (vs MYR2b net profit in 2018) on 17% higher revenues; enplanements rose 16%.
Air Transport

VISTARA, India took delivery of its first GEnx-powered 787-9 (66526); it has five more on order with second now in assembly.
Air Transport

INTL AIRLINES GROUP (IAG) earned €2.6b for 2019 (vs €3.7b in 2018) on 5.1% higher revenues and says given the ongoing uncertainty on potential impact
Air Transport

VUELING earned €240m in 2019 (vs €200m in 2018) on 5% higher revenues.
Air Transport

IBERIA earned €497m in 2019 (vs €437m in 2018) on 9.2% higher revenues.
Air Transport

AER LINGUS earned €276m in 2019 (vs €305m in 2018) on 5.8% higher revenues.
Air Transport

BRITISH AIRWAYS earned €1.5b in 2019 (vs €2.7b in 2018) on 2.5% higher revenues.
Air Transport

FINNAIR has revised down it financial outlook for 2020 due to Coronavirus outbreak and now estimates that results in both 1Q20 and 2Q20 will be
Air Transport

MEGGITT has 5-year, $73m Bell Textron contract to supply composite de-icing propeller rotor blankets, heated spinners, fairings and pendulums for the
Defense

AVATION, Singapore had US$38.2m net income on US$68m revenues in 2H19 vs $13.6m on $59m in 2H18; it has 49 aircraft.
Air Transport