Air Transport

SAPPHIRE AVIATION FINANCE II closed $620m sponsored portfolio securitization serviced by Avolon; proceeds will be used to acquire 21 aircraft (18
Air Transport

AVIOMAR FLIGHT ACADEMY, Italy and RYANAIR teamed to provide ab-initio training to join 737 Type Rating program for future employment with airline.
Air Transport

ATLAS AIR lost $293.1m in 2019 (vs $270.6m profit in 2018) on 2.3% higher revenues/8% higher block hours; result reflected non-cash special charge
Air Transport

HNA GROUP is unidentified customer for order for 40 A330-900s placed in late December (SPNWS; January 17) as part of a restructuring of fleet plans
Air Transport

IATA is initially projecting 13% full-year loss of pax demand for Asia-Pacific carriers from Cornavirus outbreak, resulting in $27.8b less revenue (
Air Transport

ALLEGIANT AIR acquired second ex-Aeroflot A320-200 (2133) with CFM56s, and now has 63 A320s (SPNWS; February 14)
Air Transport

UPS

UPS completed acquisition of two ex-Lufthansa Cargo MD-11Fs (48805/48806) (SPNWS; January 31).
Air Transport

GOL

GOL lost R$117.3m in 2019 (vs R$1.6b loss in 2018) on 21.5% higher revenues. It has 137 737s, including seven MAX 8s.
Air Transport

QANTAS GROUP had A$771m pretax profit for first half of FY20 (vs A$775m a year ago) on 2.8% higher revenues. It has cut international capacity to Asia
Air Transport

AIR FRANCE-KLM GROUP had €156m net loss for 4Q19 (vs €217m loss in 4Q18) on 2% higher revenues; and €290m net profit for 2019 (vs €420m in 2018) on 4%
Air Transport

SWISS INTERNATIONAL AIR LINES took delivery of its first (9246) of 25 GTF-powered A320neos on order with Airbus. PRATT & WHITNEY will also provide
Air Transport

BELAVIA BELARUSIAN AIRLINES agreed to lease three E195-E2s from AerCap for delivery in December 2020-April 2021.
Air Transport

GOJET AIRLINES reached agreement with United Airlines to expand its CRJ550 program from 54 to 74 aircraft by 2021.
Air Transport

By Karen Walker
The U.S. Department of Transportation (DOT) is looking to clarify its definition of what constitutes unfair and deceptive practices by an airline or ticket agent—a move likely to be welcomed by airlines.
Air Transport

By Ben Goldstein
Atlas Air will park four Boeing 747-400 converted freighters this year and return a fifth to a lessor, moves intended to counteract falling yields and utilization rates caused by softening macroeconomic trends.
Air Transport

By Michael Bruno, Ben Goldstein
Potential lawmaking in Washington state that dials back tax savings that Boeing has enjoyed for nearly two decades could be a key catalyst for Airbus, Boeing, Europe and the U.S. to finally reach a cease-fire in their long-running airliner subsidy disputes.
Air Transport

By Alan Dron
Belgian air navigation service provider (ANSP) skeyes plans to gradually install remote air traffic control (ATC) towers at six airports and airfields throughout Belgium.
Air Transport

By Alan Dron
Romanian flag carrier TAROM has begun taking delivery of a batch of nine ATR 72-600 turboprops, to step up domestic services.
Air Transport

By Polina Montag-Girmes
Belavia Belarusian Airlines has signed a lease agreement with AerCap Holdings for three Embraer E195-E2s, making the carrier the first operator of the type in the Commonwealth of Independent States.
Air Transport

By Karen Walker
Airlines around the world will likely see demand for flights down by 4.7% this year and a $29.3 billion revenue hit because of the COVID-19 viral outbreak, IATA said Feb. 20.
Air Transport

By Graham Warwick
A National Academies study of advanced aerial mobility requested by NASA concludes the commercial cargo market is likely to be an early adopter of autonomous air vehicle technology for rural cargo operations, including “middle mile” distribution and “last mile” package deliveries.
Defense

By Bradley Perrett
The provincial government of Hainan, China, is moving to take control of HNA Group’s Hainan Airlines, of which it is already a major indirect
Air Transport

By Helen Massy-Beresford
Air France-KLM said the COVID-19 outbreak would have a negative impact of up to €200 million ($216 million) on its operating profit in the coming
Air Transport

By Adrian Schofield
Qantas expects to take a major financial hit from capacity reductions related to the COVID-19 outbreak, although the airline remains on track to make some significant aircraft order moves this year.
Air Transport

As airlines grapple with capacity shortages created by the Boeing 737 MAX grounding or a sudden over-supply because of COVID-19-related schedule reductions, lessors are supporting their mitigation plans, including matching customers in both categories and moving aircraft between them.
Air Transport