Air Transport

AIR FRANCE-KLM GROUP had €127m net loss for 4Q21 (vs €156m profit in 4Q19) on 26.9% lower revenues; and €3.3b net loss for 2020 (vs €293m profit in

SKY LEASING and WAFRA agreed to form aircraft leasing joint venture with initial portfolio of 20 aircraft worth $900m.

ATLAS AIR has long-term agreement with Kuehne+Nagel to provide dedicated charters with two new 747-8Fs for delivery in 2H22. It is also adding new 747

ITA AIRWAYS agreed to wet-lease two E190s from German Airways for Milan-London City/-Luxembourg/-Geneva.

BLUEBIRD NORDIC, Iceland leased 737-800BCF (29786; ex-Anadolu Jet) from AviaAM Leasing (SPNWS; December 17).

FLYNAS, Saudi Arabia sold new A320neo (10760) to CDB Aviation, and leased it back; up to four more are expected.

AIR CANADA lost C$493m in 4Q21 (vs C$152m profit in 4Q19) on 38% lower revenues; and C$3.6b in 2021 (vs C$1.5b profit in 2019) on 66% lower revenues

STARLUX, Taiwan took delivery of its first (2003) of eight A330-900s on lease from ALC; it has also agreed to lease one A350-900 from ALC and acquire

AIR LEASE CORPORATION had $408m net income on $2.1b revenues in 2021 vs $501m on $2b in 2020; it earned $142m in 4Q21 on 22% higher revenues. It ended

NAVBLUE (Airbus) was selected by Lithuania's Heston Airlines (three A320s/three A330s) to provide suite of operating management solutions.

CHORUS AVIATION had C$20.5m net loss on $1b revenues in 2021 vs $41.5m net income on $949m in 2020.

AVIATION CAPITAL GROUP had $140m net income on $1b revenues in 2021 vs $104m on $901m in 2020.

A second Swedish start-up airline has announced plans to reconnect one of the country’s regions with the capital, Stockholm.

Airlines in the Asia-Pacific region are recognizing a changing need among their passengers for inflight data connectivity, according to a provider of satellite broadband to carriers.

AirAsia X has revealed more details about its plans to raise additional funds and progressively return more of its grounded fleet to service.

Eurowings says the aim of the move is to eliminate the complexity for employees within Europe, specifically their grievance of double taxation, and to allow for further growth.

The CEO of EgyptAir has praised the efficiency of the London flight captain in dealing with the repercussions of Storm ‘Eunice’ during landing at Heathrow Airport.

The twin-aisle aircraft, reg B-58301, is the first of eight A330neo arriving on lease from Air Lease Corporation.

Air Lease Corporation (ALC), building on its recent large order for more than 100 Airbus narrowbodies, is now ordering 50 Boeing 737 MAX aircraft.

Aviation businesses that make it through the global shock of the last few years will come out seeing some things differently.

Germany green-hydrogen investment platform Hy2gen has completed a €200 million ($226.4 million) fundraising round.

Efforts to increase the availability of sustainable aviation fuel (SAF) in Asia are gathering pace.

The aircraft is the first of four A330-200s expected to be in service with Condor on a transitional basis for around two years as deliveries of the airline’s A330neos begin later in 2022.

Scandinavian Airlines (SAS) is setting out a more extensive flight program for the summer, in response to rising demand, with 230 direct routes to 120 destinations.

Norwegian Air Shuttle reported a dramatically reversed result for the 2021 fourth quarter (Q4) loss, posting a net profit despite the effects of the omicron coronavirus variant.