Air Transport

PORTER AIRLINES completed sale/leaseback deals for 14 E195-E2s, for delivery in 2022-2023, with Azorra (5), Falko (5) and Elevate Capital Partners (4)

PAKISTAN INTERNATIONAL AIRLINES leased second ex-Interjet A320-200 (7792) with CFM56s from Seraph Aviation.

FTAI AVIATION closed sale/leaseback transaction with ALITALIA (with novation to ITA) for majority of 16 A320 Family aircraft with CFM56s; deal

LUFTHANSA repaid/cancelled all remaining stabilization funds from Federal Republic of Germany; repayment was made much earlier than originally planned

Mark L. Ebanks to Executive Vice President-Aircraft Management and Leasing of Eastern Air Holdings, Wayne, PA.

Singapore Airlines (SIA) is preparing for an influx of passenger demand ahead of the holiday season, putting 79% of the group’s fleet back in service.

The Tata Group has said it will be taking over Air India by the third week of January 2022.

The Arab Air Carriers Organization (AACO) met in person for the first time in two years for its annual general meeting and TATV was there to capture the mood and moment as airlines and industry suppliers came together to talk about the key issues, brought to you with the support of CFM International.

Pierson, CEO from 1985 to 1998, pushed Airbus to integrate, helping transform it into a global aircraft manufacturing powerhouse.

Most respondents to a new Aviation Week/Bank of America survey say they want a new larger narrowbody or small widebody from Boeing—soon.

Frontier Airlines believes it has the necessary pilot and flight attendant staffing levels going forward, but admits challenges remain in securing qualified maintenance technicians.

U.S. air travel during the summer and fall of 2021 has been marked by spates of cancellations and delays that aggravated consumers and strained relations between labor and management.

EUROWINGS says it has ordered eight A320neos for delivery from 1H22 and five A321neos for delivery from 1H23.

EMIRATES GROUP lost AED5.7b for six months ended Sept 30 (vs AED1.2b profit for same period in 2019) on 54% lower revenues vs 2019 and ended period

INTERNATIONAL AIRLINES GROUP signed MOU with Velocys Renewables to purchase 220,000 tonnes of SAF (from Velocys Bayou Fuels facility in Natchez, MS)

AVIANCA, Colombia leased ex-Volotea A320-200 (3574) with CFM56s from AerCap.

FRANKFURT AIRPORT handled 3.4m pax in October, down 47.2% vs Oct 2019.

LONDON HEATHROW handled 3m pax in October, down 57% vs October 2019.

CHORUS AVIATION had C$14.1m net loss on C$274m revenues (collected 77% of lease revenue) in 3Q21 vs C$20.5m profit on C$197m in 3Q20, and ended

BOEING estimates air travel will carry 10b passengers per year by 2050.

FRONTIER AIRLINES had $23m net income in 3Q21 (vs $87m in 3Q19) on 6% lower revenues vs 3Q19; it has $802m cash.

AVIATION CAPITAL GROUP had $22m net income on $235m revenues in 3Q21 vs $22m on $233m in 3Q20.

LATAM AIRLINES GROUP lost US$691.9m in 3Q21 (vs US$86.3m net income in 3Q19) on 51% lower revenues vs 3Q19.

UK-headquartered lessor World Star Aviation has signed an agreement with Israel Aerospace Industries (IAI) for the conversion of 10 Boeing 737-800 passenger aircraft to freighters, with options on a further 10.

Wheels Up recorded a net loss for the third quarter of 2021 but saw a boost in the number of flight legs, new members and revenue.