Air Transport

VOLOTEA AIRLINES, Spain leased ex-Aeroflot A320-200 (3511) with CFM56s from GECAS.

The UK’s Southampton Airport has won its long campaign to extend its single runway, a development the facility said was vital for its survival.

MYANMAR AIRWAYS INTERNATIONAL leased ex-Interjet A320-200 (4235) with CFM56s from Carlyle Aviation Partners.

Airbus is making several changes to its executive board following the departure of Airbus CEO of defense and space Dirk Hoke and chief technology officer Grazia Vittadini.

United Airlines said it expects to achieve breakeven cash burn in March, the first positive monthly result since the coronavirus pandemic struck in 2020, driven by increased vaccinations and a surge in U.S. domestic travel.

President Joe Biden is proposing a DARPA-like organization to conduct high-risk, high-payoff advanced research into climate resilience.

Airline startup flypop, which plans to operate between the UK and secondary cities in India, has made a multiple aircraft Airbus A330-300 lease deal with Avolon.

Canada’s COVID-19-related uncertainties are keeping Porter Airlines in limbo, as the Toronto-based carrier has once again pushed back its planned restart date, this time to June 21.

VIVA AEROBUS, Mexico leased ex-Thomas Cook A321-200 (6059) with V2500s from Aviation Capital Group.

UNITED AIRLINES sold second 787-9 (66145) with GEnx-1Bs to SMBC Aviation Capital and leased it back (SPNWS; April 2).

UNITED AIRLINES ended 1Q21 with $21b in available liquidity. Its average daily core cash burn for 1Q21 is expected to be about -$9m per day, an

LONGHAO AIRLINES was identified as customer for undisclosed order placed in May 2020 for five 767-300Fs (SPNWS; June 12), according to unconfirmed

EVERBRIGHT FINANCIAL LEASING purchased an unidentified A320-200 and A320neo, with leases attached, from CALC.

AEGEAN AIRLINES had €228m net loss in 2020 (vs €107m net profit in 2019) on 68% lower revenues; enplanements fell 65%.

VIRGIN AUSTRALIA received approval from Australian Competition and Consumer Commission (ACCC) to form partnership with ALLIANCE AIRLINES to expand its

One of the notable aspects of the COVID-19 crisis in the Asia-Pacific region is that airlines have been affected differently depending on their home market and business model.

PORTER AIRLINES further pushed back its return-to-service date to June 21 from previously announced target of May 19.

SANAD CAPITAL, Abu Dhabi secured US$55m debt financing from Commercial Bank of Dubai to fund purchase of a new GEnx and a new Trent XWB through

AIRBALTIC plans June 4 to begin twice-weekly Riga-Edinburgh, Scotland (A220-300).

DAE CAPITAL completed 48 aircraft lease transactions in 1Q21 vs 12 in 1Q20; it acquired 13 aircraft and sold seven others, and ended quarter with

FLYPOP, UK agreed to lease multiple A330-300s from Avolon for startup of long-haul LCC services in October.

SKY ALPS, Italy agreed to lease two ex-Flybe Dash 8-400s (4230/4237) from Chorus Aviation for startup.

AIR LEASE CORPORATION delivered 10 new aircraft (A320neo/four A321neos/four 737-8s/one 787-9) in 1Q21 vs eight in 1Q20; it ended quarter with 342

PEACH took delivery of new LEAP-powered A321neo (10411) on lease from Fuyo General Lease; ALM will manage aircraft.

Aegean Airlines is hoping for a meaningful recovery of air traffic in the second half of 2021 after disclosing a pre-tax net loss of €297 million ($354 million) for 2020.