ATW Daily News ATW
Daily News
Business news and events affecting the global airline industry |  |
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ATW News â For latest news go to ATWOnline.com
| Sean Broderick Premium Content  Air Canada signed an agreement May 16 to acquire Montreal-based Air Transat, which would accelerate the Canadian flag carrier’s push into leisure destinations and add to already dominant positions in several markets, notably its home turf and Europe.
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| Guy Norris Premium Content Boeing has edged closer to returning the grounded 737 MAX fleet to service by completing development of the proposed package of changes for the aircraft’s maneuvering characteristics augmentation system (MCAS) as well as associated simulator and training testing.
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| Ben Goldstein  The International Association of Machinists and Aerospace Workers (IAM) has filed charges with the US National Mediation Board (NMB) against Delta Air Lines, alleging the Atlanta-based carrier’s anti-union activities violate Delta employees’ right to unionize “free from interference, influence or coercion exercised by the carrier.”
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| Michael Bruno Premium Content  Brazilian manufacturer Embraer, which is selling off most of its commercial aircraft business to Boeing, missed Wall Street’s expectations for the first quarter of 2019, leaving financial analysts increasingly worried worse could be to come.
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| Ben Goldstein US Department of Transportation (DOT) secretary Elaine Chao on May 15 ordered an immediate suspension of all passenger and cargo operations between US and Venezuelan airports, citing “deteriorating conditions” in the country that “threaten the safety and security of passengers, aircraft and crew.”
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| Chen Chuanren  The Singapore Airlines (SIA) Group posted record revenue of SGD16.3 billion ($12 billion), up 3.2% year-over-year (YOY) for its 2018-19 fiscal year.
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| Bill Carey The FAA on May 16 announced changes to operating rules for recreational drones, including a requirement that hobbyists obtain prior authorization from the agency before flying their aircraft in controlled airspace near airports.
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| Kurt Hofmann Premium Content  Lufthansa subsidiary Austrian Airlines’ long-haul fleet replacement plan will most likely exclude large twin-widebody aircraft, Austrian CFO Wolfgang Jani told ATW.
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