Air Transport

AERO CAPITAL SOLUTIONS, TX reports in 1H21 it completed two new aircraft leases, acquired seven aircraft and sold 11; and leased 22 engines, acquired

FTAI (Fortress) says it executed 12-plane, 4-year lease deal for A319s currently on lease with a major US carrier.

ASL AIRLINES IRELAND took delivery of AEI-converted 737-800F (28655, ex-Eastar Jet) on lease from Aero Capital Solutions for operation for AMAZON

Fiji Airways has reached an agreement to return two of its Airbus A330s to lessors earlier than planned.

The program still faces many run-of-the-mill manufacturing challenges as well as foreign trade hurdles.

“Thanks to the easing of travel restrictions in several key regions, the second quarter of 2021 saw the first signs of the long-awaited recovery,” Air France-KLM CEO Ben Smith said July 30.

At least 12 significant cyber security incidents affecting the aerospace industry have been made public since the start of the year.

Low-cost model will likely be better suited to new landscape than full-service carriers, at least for the short term.

Along with Africa, aviation in Central and South America is arguably one of the lesser developed air transport markets in the world. There is

U.S. House lawmakers took steps on July 29 to advance legislation that would ban so-called flag of convenience carriers from operating in the U.S.

Allegiant Air has finalized an agreement with Air Lease Corporation (ALC) for 10 Airbus A320-200s, which brings the number of aircraft the Las Vegas-based ULCC has added during the COVID-19 pandemic to 24.

Spirit Airlines is planning to resume its historical double-digit capacity growth beginning in the 2021 third quarter (Q3), propelled by resurgent demand for domestic and near-afield international travel.

FLY GANGWON, Korea agreed to lease ex-Norwegian 737-800 (36809) from DAE Capital for delivery in early August.

Research laboratories in Europe have joined forces to improve the technology readiness level (TRL) for sensors embedded in fan blades, aiming at making them useful during the engine’s entire lifecycle, from manufacturing to service and dismantling.

S7 GROUP plans to establish LCC for July 2022 to operate (initially) four A320neos in central Russia. It expects to add six to eight additional

AMERICAN signed LOI to form partnership, including taking minority stake, with JETSMART (Indigo Partners), Chile/Argentina.

AVELO AIRLINES agreed to lease three ex-Southwest 737-700s from Castlelake; first (36623) was delivered.

RUILI AIRLINES, China leased ex-Hainan 737-800 (35764) from AerCap.

SUN COUNTRY AIRLINES posted $51.8m net profit in 2Q21 on 12% lower revenues vs 2Q19; it currently operates 34 pax aircraft and 12 freighter aircraft

AIRBUS received Board approval to launch a freighter derivative for the A350. It ended June with backlog of 479 pax aircraft.

GOL says it expects to end 2H21 with R$4.2b in liquidity (vs R$4.5b previously projected) and R$15.3b in adjusted net debt (vs R$14.8b); revenue for

ALLEGIANT AIR had $95m net income in 2Q21 (vs $70.5m profit in 2Q19) on 3.9% lower revenues. It has 103 aircraft.

SPIRIT AIRLINES had $288m net loss in 2Q21 (vs $114.5m net profit in 2Q19) on 28.8% lower revenues vs 2Q19.

AIR CANADA plans to begin Quebec City-Fort Lauderdale on November 19 and -Orlando on December 4 (A319).

ALLEGIANT agreed to lease 10 used A320-200s (TBA) from Air Lease Corporation for delivery 2H21-1H22.