10 August 2021

SkyWest to operate 16 new Embraer E175 jets for Delta Air Lines

SkyWest has signed an agreement with Delta Air Lines (Delta) to purchase and operate 16 new Embraer E175aircraft under a multi-year capacity purchase agreement. These aircraft are scheduled to be placed into service beginning in the first half of 2022, and will be placed into service ratably through year-end 2022. The aircraft will be purchased …

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Brussels Airlines

Brussels Airlines reports half-year EBIT loss of €-143 million

As a result of the coronavirus pandemic and its ongoing and unprecedented impact on the aviation sector, Brussels Airlines has reported a negative EBIT of €-143 million in the first semester of 2021. The non-essential travel ban in the first-quarter and continuous travel restrictions severely impacted the airline’s passenger numbers. First half-year revenues fell 45% …

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Willis Lease Finance reports second-quarter pre-tax loss of US$1.9 million

Willis Lease Finance Corporation has reported second-quarter total revenues of US$66.5 million and a pre-tax loss of US$1.9 million. For the three months ended June 30, 2021, aggregate lease rent and maintenance reserve revenues were US$49.7 million and spare parts and equipment sales were US$3.6 million. The company reported lower revenue in the second quarter …

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Volaris and CBD Aviation agree terms for sale and leaseback of four Airbus A320neos

CBD Aviation, which is the wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CBD Leasing), has signed a new agreement with Mexico’s leading carrier Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris), for the sale and leaseback of four brand-new Airbus A320neo jets, two of which are scheduled for delivery to …

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Astronics Corporation reports second-quarter 2021 financial results

Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, has reported financial results for the three- and six-month periods ended July 3, 2021. Consolidated sales were down US$12.5 million from the second quarter of 2020. Aerospace sales were down US$13.4 million, and Test System sales …

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