Air Transport

JETBLUE had $57m net income on $2.6b revenues in 3Q22 vs $187m on $2.1b in pre-pandemic 3Q19; it has $2.3b cash.

IATA added Turkish Technic to its MRO SmartHub platform, developed with Opremic, that provides greater transparency into the surplus aftermarket, plus

MY FREIGHTER, Uzbekistan acquired ex-Jet Star 747-200F (23139) for startup. It is expected to add five more.

AIR ASTRA, Bangladesh leased second ex-GullivAir ATR 72-600 (1371) from DAE Capital for startup (SPNWS; July 22).

CONDOR agreed to short-term wet-lease of an A330-300 from Smartlynx Airlines for Frankfurt-Punta Cana.

AIR FRANCE-KLM GROUP ordered >1m tons of MY Sustainable Aviation Fuel (SAF) from Neste for delivery over eight years starting in 2023.

ASL AVIATION HOLDINGS secured $65m term loan with Investec Aviation Finance to support fleet renewal/growth.

Don Biocca to Senior Vice President-Americas of SMBC Aero Engine Lease.

SWOOP, Canada took delivery of fifth new 737-8 (63975) on lease from SMBC Aviation Capital as part of deal for six.

AIR CÔTE D'IVOIRE ordered two A330neos (delivery TBA). It currently has one A320neo, two A320ceos and three A319s.

AVOLON had $141m net income on $546m lease revenues in 3Q22 vs $6m on $518m in 3Q21 (excluding the impact of Russia). It ended the quarter with owned

JetBlue Airways is bracing for what it deems a modest delay in aircraft deliveries next year, but the company is stressing those changes won’t impact its plans to grow capacity in the mid- to high-single digits in 2023.

Key performance metrics out of GE Aviation and Pratt & Whitney suggest the commercial engine aftermarket segment continues to rally.

Mexican ULCC Volaris continues to navigate the FAA’s safety downgrade of Mexico as the timeline for an upgrade remains somewhat uncertain.

Starting to implement its strategy for the use of sustainable aviation fuels (SAF), the Air France-KLM group has signed multi-year contracts with suppliers Neste and DG Fuels.

Arab airlines have called on governments worldwide to learn lessons from the pandemic and not close international borders.

Any notion that airlines must fly less to become more sustainable is “nonsense,” the incoming CEO at Etihad Aviation Group said.

Many had hoped that the Chinese Communist Party congress in Beijing would bring an announcement of China reopening to the world, but none came.

Icelandair Group President and CEO Bogi Nils Bogason said there is a big movement of people within the U.S., and the carrier is evaluating additional secondary cities to expand its North America network.

Australia’s Regional Express Holdings (Rex) plans to boost its narrowbody jet fleet after achieving steady financial improvement in this sector of its business.

Lufthansa subsidiaries Swiss International Air Lines (SWISS) and Austrian Airlines have reached agreements with their employees to secure operational stability.

Targeted at certification in 2027, the nine-passenger aircraft will incorporate a distributed electric propulsion system.

Business travelers are returning to the skies in large numbers and with a very different set of travel habits.

NORTHERN PACIFIC AIRWAYS completed 4-city demonstration tour of its first 757-200 prior to startup out of Anchorage.

CARGOJET AIRWAYS, Canada purchased 757-200PCF (32382; ex-American) with RB211s from AerSale.