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Saab Receives Order for Two Additional Firefighting Aircraft

WIL BALDWIN January 31, 2021

The Swedish Civil Contingencies Agency (MSB) has exercised an option in their contract with Saab regarding aerial firefighting capability in Sweden. Saab will provide two additional aircraft with associated crew. The order from March 2020…

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Air Peace Takes Delivery of First Embraer E195-E2 for African Continent

WIL BALDWIN January 29, 2021

Air Peace, Nigeria and West Africa’s largest airline, took delivery of their first E195-E2 aircraft today. The aircraft is now due to fly from Embraer’s facility in São José dos Campos to join the Air…

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Airbus Signs Maintenance Digital Services Contract With Royal Australian Air Force

WIL BALDWIN January 29, 2021

Airbus (Paris: AIR.PA) has signed a contract to provide a digital services focus for the maintenance of the Air Refueling Boom System (ARBS) on the Royal Australian Air Force (RAAF) KC-30A Multi-Role Tanker Transport (A330…

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Boeing Reports Fourth-Quarter Results

WIL BALDWIN January 27, 2021

Fourth Quarter 2020 Financial results significantly impacted by COVID-19, 737 MAX grounding, and commercial widebody programs777X program recorded $6.5 billion pre-tax charge; first delivery expected in late 2023737 MAX began receiving regulatory approval to resume operations and…

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Alaska Air Group Reports Fourth Quarter 2020 and Full-Year Results

WIL BALDWIN January 26, 2021

Financial Results: Reported net loss for the fourth quarter and full year 2020 under Generally Accepted Accounting Principles (GAAP) of $430 million, or $3.47 per diluted share, and $1.3 billion, or $10.59 per diluted share. These results compare to fourth quarter…

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Lufthansa Announces dean&david and Dallmayr Partnership for New Catering Concept

WIL BALDWIN January 26, 2021

In autumn 2020, Deutsche Lufthansa AG (LHA.DE) announced that it would soon be offering Economy Class passengers a range of high-quality food and beverages for purchase on board short- and medium-haul flights. The airline has…

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Alaska Airlines Takes Delivery of its First Boeing 737-9 MAX Aircraft

WIL BALDWIN January 26, 2021

Alaska Airlines (NYSE: ALK) has accepted delivery of its first Boeing 737-9 MAX airplane, marking a new phase of modernizing the airline's fleet in the coming years. Alaska pilots flew the aircraft on a short flight yesterday…

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Frontier Airlines Forms Pilot Pathway with ATP Flight School

WIL BALDWIN January 25, 2021

DENVER – Jan. 25, 2021 – Frontier Airlines and ATP Flight School have formed a "Frontier Direct Program" targeting ATP graduates and CFIs for employment as Frontier Airlines First Officers. In the Frontier Direct Program, ATP graduates…

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Embraer Carries Out First Aircraft Financing Transaction With SkyWest Airlines

WIL BALDWIN January 25, 2021

Embraer (NYSE: ERJ) carried out its first aircraft non-payment insurance (ANPI) transaction financing the delivery of four Embraer E175 jets to SkyWest, Inc. (NASDAQ: SKYW). The transaction, completed in December 2020, was supported by the…

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Sikorsky-Boeing Reveals Advanced Assault Helicopter Design to Revolutionize U.S. Army Capability

WIL BALDWIN January 25, 2021

Sikorsky, a Lockheed Martin Company (NYSE: LMT), and Boeing (NYSE: BA) today released details of its advanced helicopter for the U.S. Army’s Future Long Range Assault Aircraft competition, known as FLRAA. The aircraft, named DEFIANT…