Subscription Required

 

SpeedNews - February 3, 2023 is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.

 

 

Air Transport

article

AIR FRANCE-KLM

Jan 27, 2023
AIR FRANCE-KLM ordered four A350Fs for delivery starting in 2H26 for operation by MARTINAIR HOLLAND (to replace four 747-400Fs) and three more A350-900s for del
article

BREEZE AIRWAYS

Jan 27, 2023
BREEZE AIRWAYS agreed to sell five more A220-300s to Voyager Aviation Holdings (VAH) for leaseback and has now financed 10 through VAH; the fifth new A220-300 (
article

LAX

Jan 27, 2023
LAX handled 5.8m pax in December, down 22.8% from 7.5m in December 2019, and 65.9m pax in 2022, down 25.1% from record 88.1m in 2019.
article

COPA AIRLINES

Jan 27, 2023
COPA AIRLINES plans June 28 to begin Panama City-Baltimore (737).
article

NORDIC AVIATION CAPITAL

Jan 30, 2023
NORDIC AVIATION CAPITAL signed MOU with GE to explore a carbon offset program associated with its ferrying of aircraft and employee travel.
article

FLYBE

Jan 30, 2023
FLYBE has ceased operations and was placed into Administration. It had been operating nine Dash 8-400s.
article

FLYR

Jan 30, 2023
FLYR, Norway was unsuccessful in its attempt to raise capital and is now considering other strategic alternatives for continued operations, including increased
article

ICELANDAIR

Jan 30, 2023
ICELANDAIR is refinancing two 737-8s, delivered in 2022, with Itasca Re and NORD/LB; deal is valued at US$67m.
article

AMERICAN AIRLINES

Jan 30, 2023
AMERICAN AIRLINES plans June 1 to begin daily LaGuardia-Des Moines and Reagan National-Baton Rouge (E175).
article

AIR FRANCE

Jan 30, 2023
AIR FRANCE plans in July to restart daily Paris CDG-Beijing (787-9) and -Shanghai (777-300ER).
article

RYANAIR

Jan 30, 2023
RYANAIR posted €211m net profit on €2.3b revenues for third quarter ended Dec 31 vs €96m loss on €1.5b a year ago; it has €4.07b cash. It says traffic jumped 24
article

JETTIME

Jan 30, 2023
JETTIME, Denmark leased ex-flydubai 737-800 (40253) from Pembroke.
article

AIR CHARTER EXPRESS

Jan 30, 2023
AIR CHARTER EXPRESS (Freight Runners Express) acquired ex-Adria Saab 2000 (059) from Jetstream Aviation Capital.
article

GLOBAL CROSSING AIRLINES

Jan 30, 2023
GLOBAL CROSSING AIRLINES secured $5m loan from long-term inestor for working capital and liquidity to support growth.
article

AIRCASTLE

Jan 30, 2023
AIRCASTLE doubled its unsecured revolving credit facility with Mizuho Marubeni Leasing America to $200m.
article

AAPA

Jan 31, 2023
AAPA reports in December 2022 traffic for Asia Pacific airlines was 47.5% of pre-pandemic levels; cargo was down.
article

FLY META

Jan 31, 2023
FLY META, Hong Kong agreed to lease four IAI-converted 777-300ERSFs (TBA) from AerCap for delivery in 2024/2025.
article

TURKMENISTAN AIRLINES

Jan 31, 2023
TURKMENISTAN AIRLINES agreed to acquire two EFW-converted A330-200P2Fs (810/815; ex-Air China).
article

TUI

Jan 31, 2023
TUI agreed to sell two 737-8s to Griffin Global Asset Management for leaseback from 1Q23; first (44657) delivered.
article

LATAM COLOMBIA

Jan 31, 2023
LATAM COLOMBIA plans July 1 to begin Bogota-Orlando, FL (A320).
article

CYPRUS AIRWAYS

Jan 31, 2023
CYPRUS AIRWAYS plans March 27 to begin three-times-weekly Larnaca-Dubai (A320).
article

AIR SERBIA

Jan 31, 2023
AIR SERBIA plans May 15 to begin three-times-weekly Cairo-Belgrade (A319).
article

AEROMEXICO

Jan 31, 2023
AEROMEXICO plans May 1 to begin daily Mexico City's AIFA-Houston IAH (E190).
article

FRONTIER

Jan 31, 2023
FRONTIER agreed to lease seven GTF-powered A321neos from Aviation Capital Group; first (11180) was delivered.
article

SPIRIT AIRLINES

Jan 31, 2023
SPIRIT AIRLINES sold fifth A320neo (11270) to SMBC Aviation Capital for leaseback under deal for six through 1Q23.
article

ETHIOPIAN AIRLINES

Jan 31, 2023
ETHIOPIAN AIRLINES is considering adding service to Denver, CO; no potential startup date was provided.
article

FRONTIER AIRLINES

Jan 31, 2023
FRONTIER AIRLINES plans May 4 to begin three-times-weekly Orlando-Ponce, PR (A320).
article

HAWAIIAN AIRLINES

Jan 31, 2023
HAWAIIAN AIRLINES had $50.2m net loss on $731m revenues in 4Q22 vs $49.7m profit on $649m in pre-pandemic 4Q19; and $240.1m net loss on $2.3b revenues for 2022
article

FLYR

Jan 31, 2023
FLYR, Norway ceased operations and filed bankruptcy after failing to raise capital; it had six 737NGs and six MAXs.
article

BOEING

Feb 01, 2023
BOEING delivered the final 747 (67150) to ATLAS AIR for operation on behalf of KUEHNE+NAGEL; it produced 1,574.
article

BRAATHENS REGIONAL

Feb 01, 2023
BRAATHENS REGIONAL leased ex-Air KBZ ATR 72-600 (1528) from Nordic Aviation Capital.
article

AIRBALTIC

Feb 01, 2023
AIRBALTIC returned its final Dash 8-Q400 (4313) to lessor NAC and now has single-type fleet of 39 A220-300s.
article

AEROMEXICO

Jan 31, 2023
AEROMEXICO plans May 1 to begin daily Mexico City's AIFA-Houston IAH (E190).
article

PHILIPPINE AIRLINES

Feb 01, 2023
PHILIPPINE AIRLINES leased back A330-300 (1482) from BBAM; it had returned aircraft to lessor in November 2021.
article

BRAATHENS INTERNATIONAL AIRWAYS

Feb 01, 2023
BRAATHENS INTERNATIONAL AIRWAYS leased ex-Sundair A319-100 (2283) with CFM56s from BBAM.
article

UZBEKISTAN AIRWAYS

Feb 01, 2023
UZBEKISTAN AIRWAYS retained ACC Aviation (exclusive) to remarket various aircraft assets: two 757-200s; three 767s; five Il-76s; six Il-114-100s; and one Il-114
article

CANADA JETLINES

Feb 01, 2023
CANADA JETLINES completed 95 charter flights in December/January (350 flight hours) vs 18 in November (71).
article

US DOT

Feb 01, 2023
US DOT reports fuel cost for US airlines was $3.14/gallon in December vs $2 in December 2019 (consumption fell 5.2%).
article

CPaT GLOBAL

Feb 01, 2023
CPaT GLOBAL, TX was selected by LAM Mozambique to provide aircraft systems courses and training software for 737NGs and Dash 8-Q400s.
article

CANADA JETLINES

Feb 01, 2023
CANADA JETLINES plans in March to begin Toronto-Cancun, Mexico (A320).
article

FLY BAGHDAD

Feb 01, 2023
FLY BAGHDAD, Iraq leased ex-Azur Air 737-900ER (35712) from DVB Bank.
article

BONZA

Feb 02, 2023
BONZA, Australia launched operations with three leased 737-8s serving 17 destinations on the Sunshine Coast; it says in next 12 months it plans to inject additi
article

ALLEGIANT

Feb 02, 2023
ALLEGIANT had $2.5m net income on $2.3b revenues in 2022 vs $232.1m on $1.8b in pre-pandemic 2019; airline capital expenditures totaled $283m ($164m for aircraf
article

TAJIK AIR

Feb 02, 2023
TAJIK AIR, Tajikistan is reportedly looking to resume service in 1H23 with two A319s/one A321; it shut down in 2019.
article

BRITISH AIRWAYS

Feb 02, 2023
BRITISH AIRWAYS plans to resume London-Shanghai on April 23 and London-Beijing on June 3 (787).
article

HAWAIIAN AIRLINES

Feb 02, 2023
HAWAIIAN AIRLINES reports two of its 18 A321neos have been grounded for an extended period, awaiting available serviceable GTF engines.
article

AIR FRANCE

Feb 02, 2023
AIR FRANCE plans June 27 to begin Paris CDG-Ottawa (A330); it is resuming CDG-Quebec City on May 2 (787).

Aerospace

MRO

Defense

MRO/Business Aviation

Business Aviation

WHO'SNEWS