Air Transport

AIRBALTIC had €264.6m net loss in 2020 (vs €9.1m loss in 2019) on 72% lower revenues; enplanements dropped 73%.
Air Transport

AEROCENTURY had $42.2m net loss on $16m revenues in 2020 vs $16.7m loss on $44m in 2019; it has eight aircraft.
Air Transport

AIR INUIT has 12-year, C$28m Hydro-Québec contract to maintain/operate its three Dash 8s: two -400s and one -300.
Air Transport

IFLI (Piiq Risk Partners), UK completed its first insurance-backed aviation finance transaction by refinancing a JOLCO for 2020-built A350-900
Air Transport

By Alan Dron
Aircraft carrying the Flybe name are planned to be back in the air later this year following the sale of the failed UK regional carrier’s assets to a new company.
Airlines & Lessors

By Graham Warwick
Startup Xwing has completed the first autonomous gate-to-gate demonstration with a commercial cargo aircraft.
Aircraft & Propulsion

By Alan Dron
Kuwaiti LCC Jazeera Airways is planning to increase its capital as it seeks to mitigate the financial implications of the coronavirus pandemic.
Airlines & Lessors

By Helen Massy-Beresford
AirBaltic said it is seeing some positive signals on travel demand as it posted a €265 million ($317 million) net loss for fiscal 2020.
Airlines & Lessors

By Adrian Schofield
Qantas and Virgin Australia are continuing to ramp up their domestic services to nearly pre-pandemic levels, with both airlines bringing in more aircraft to boost their domestic fleets.
Airlines & Lessors

By Vincent Chappard
Bolloré Logistics has chartered its 100th weekly freight cargo flight between Europe and West Africa, one year after the air bridge was put in place to compensate for the restrictions on transport resulting from the Covid-19 health crisis.
Air Transport

By Mark Pilling
This week’s Newsround programme sees Qatar Airways CEO Akbar Al Baker explain how his airline had a world first when it comes to vaccines, and we hear how UAE’s space programme is claiming a first for the Arab World with its first female Arab astronaut.
Air Transport

By Chen Chuanren
Vietnamese start-up carrier Bamboo Airways has confirmed that it is planning to list on the New York Stock Exchange (NYSE), perhaps in the current second quarter, to raise the capital that can fuel its expansion.
Airlines & Lessors

Each month more aircraft are returning to service, with only 26% of aircraft parked or in parked/reserved status as of the end of February. Narrowbody
MRO

By Joe Anselmo, Sean Broderick, Guy Norris, Jens Flottau, Michael Bruno
Power unit glitch forces new MAX groundings and adds to quality control woes. But is it a storm in a teacup? Listen in as Aviation Week’s editors analyze Boeing’s latest challenge.
Air Transport

By Graham Warwick
EASA has published its final special condition for the certification of electric and hybrid propulsion systems for aircraft.
Safety, Ops & Regulation

By Sean Broderick
Boeing’s March order-book tally of 185 737 MAXs included sales of 62 already-constructed aircraft, helping the manufacturer ensure that its planned narrowbody production-rate ramp-up will not contribute to a glut of unsold units.
Aircraft & Propulsion

By Ben Goldstein
American Airlines said it plans to defer more than three-dozen Boeing aircraft deliveries, part of an effort to save cash while revenues remain depressed by the coronavirus pandemic.
Airlines & Lessors

By Thierry Dubois
The exemplary support the French government has provided to the country’s aerospace industry has proved effective damage control.
Manufacturing & Supply Chain

RVL AVIATION, UK leased Saab 340B(F) (192; ex-Loganair) from Jetstream Aviation Capital; TAM converted aircraft at Örebro.
Air Transport

BOEING reports commercial aircraft delivery funding volume totaled $59b in 2020, down 40% vs 2019; it is projecting global and diversified funding
Air Transport

ALLEGIANT AIR reached tentative agreement on CBA with Teamsters-represented mechanics; ratification vote is due in July.
Air Transport

By David Casey
JetBlue Airways has dismissed claims that it is coordinating flights and routes beyond what is allowed under its Northeast alliance with American Airlines as “baseless.”
Airlines & Lessors

QANTAS GROUP says it is now sticking with plan to resume international service in October 2021; 22 of 25 routes served prior to COVID-19 would use
Air Transport

AMERICAN reached agreement with Boeing to defer/convert five 787-8s to 787-9s for delivery in 2023; 14 787-8s are now scheduled to occur by end 1Q22
Air Transport

AEOLUS ENGINE SERVICES, Ireland was selected by CargoLogic to provide CFM56-3 engine lease pool to support 737Fs.
Air Transport