View Web Version | Add to Safe Sender List

ATW
Daily News
Business news and events affecting the global airline industry

July 27, 2017

ATW News â For latest news go to ATWOnline.com

Air France-KLM, Delta and Virgin plan transatlantic JV

Air France-KLM, Delta Air Lines and Virgin Atlantic are moving to create a new transatlantic joint venture (JV) triad that includes Air France-KLM acquiring a 31% stake in Virgin and Delta taking a 10% stake in Air France-KLM.

FULL ARTICLE

Ethiopia creating new Aviation Holding Group

The Ethiopian government will establish an Aviation Holding Group to oversee the country’s aviation-related interests.

FULL ARTICLE

Etihad Airways blames one-offs for $1.87 billion loss in 2016

Etihad Airways recorded a net loss of $1.87 billion for 2016, reversed from a net profit of $103 million in 2015.

FULL ARTICLE

The most in depth conference ever held on the contaminated air debate. Enabling delegates to understand the flight safety implications, the latest scientific and medical evidence and the solutions available to airlines and aircraft operators.

Southwest 2Q net profit down 9%; ready to add 737 MAX 8

Southwest Airlines reported a $746 million net profit in the second quarter, down 9% from net income of $820 million in the 2016 June quarter, as it prepares for big fleet changes in the third quarter.

FULL ARTICLE

Airbus delivery target faces supplier challenges in 1H

Airbus Commercial Aircraft recorded an EBIT (adjusted) of €954 million ($1.11 billion) in the 2017 first half compared to €1.27 billion for the year-ago half.

FULL ARTICLE

Other News

ATW Plus (Premium Content)

Pilot cancellations impact Spirit's 2Q results

Ultra-low-cost carrier (ULCC) Spirit Airlines reported second-quarter net income of $78.1 million, up 6.9% from $73.1 net income in the year-ago quarter, as the Florida-based ULCC felt the financial impact of pilot-related fight cancellations.

FULL ARTICLE

SIA Group reports $173 million net profit in June quarter

Singapore Airlines (SIA) reported a healthy profit for the three months through June 30, a welcome return to the black after posting a loss in the March quarter.

FULL ARTICLE

ANA Holdings setting ambitious goals

ATW Magazine

The parent of All Nippon Airways wants to achieve record profitability by 2020 and grow international revenues by 40% while expanding LCC business 10-fold.