SpeedNews

UNIVERSAL ASSET MANAGEMENT acquired ex-TACA A320-200 (1334) from Fortress Investment Group for part out.
Air Transport

PGL

PGL (owns LOT Polish Airlines) agreed to acquire CONDOR, and will repay loan provided by KfW; deal is to close in April.
Air Transport

AMERICAN AIRLINES had $414m net income for 4Q19 (vs $325m in 4Q18) on 3.4% higher revenues, and $1.7b net income for 2019 (vs $1.4b in 2018) on 2.8%
Air Transport

GALLAGHER AEROSPACE, IL joined ALTA as an affiliate member. It provides insurance, risk management and consulting for worldwide airline industry.
Air Transport

PwC

BRIAN FOLEY ASSOCIATES says Textron Aviation would be most logical suitor for Bombardier's business jet division, should it be put up for sale. It
Business Aviation