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

July 2, 2018

ATW News – For latest news go to ATWOnline.com

Fastjet raises funds to ease financial crisis

Alan Dron

African LCC fastjet has raised $10 million from investors, staving off imminent financial collapse after the airline warned last week that it might not survive without a further round of equity fundraising.


Airbus completes takeover of Bombardier CSeries program

Aaron Karp

Airbus and Bombardier confirmed the transaction transferring majority control of the CSeries program to Airbus was completed as scheduled July 1.

ATR looks to US, China for new sales

Alan Dron

Franco-Italian turboprop manufacturer ATR seems to be anticipating considerably lower sales this year than in 2017, following a briefing in London June 29 ahead of the Farnborough Air Show in mid-July.


ATR applies to US for new Iran license

Alan Dron

Premium Content

European turboprop manufacturer ATR is applying to US authorities for a new license that will allow it to deliver the remaining aircraft from its order from Iran Air.

China Southern to offer Los Angeles-Shenyang service

Bradley Perrett

Premium Content

China Southern Airlines will open a route between Los Angeles, California, and the northeastern Chinese city Shenyang this year, the local government said.


Jin Air vows to cooperate with South Korean government on improvements

Adrian Schofield

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Korean LCC Jin Air has signaled it will cooperate with the South Korean government’s move to hold hearings on its future, and has committed to improvements in various management and operational areas.

IAG’s Level launches Paris-Montreal services

Helen Massy-Beresford

International Airlines Group (IAG)’s low-cost, long-haul airline Level began its first service from Paris to Montreal July 2, using an Airbus A330-200.


Other News

Emirates and flydubai edge closer together
PAL steps up domestic service with Q400 turboprops
New contracts allow work to begin on second Sydney airport
Nordica posts 2017 profit as passenger numbers rise 68% 
Spanish LCC Volotea carries 40% more passengers in 2017
Cebu Pacific to convert ATR 72-500s into freighters
People-July 2, 2018


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Polls

Poll Question

Will there be a market for a new supersonic airliner?

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Blogs

ATW Editor’s Blog: Child border policy brings US airlines into political foray
ATW AirKarp Blog: Was Doug Parker’s $5 billion ‘average’ earnings prediction a mistake?
ATW Need I Say Moores blog: EasyJet: A new old strategy?

Photo Galleries

Gallery: Airbus opens fourth Hamburg A320 family FAL 
Video: Virgin Hyperloop One to take modern transport to the next level 
Gallery: IATA AGM 2018 in Sydney 
Gallery: Cabin interiors latest innovations   
Gallery: New Aircraft Liveries-Before & After

Airline/Airport Data Snapshot

Airbus & Boeing Commercial Aircraft Orders May 2018
Airbus & Boeing Commercial Aircraft Deliveries May 2018
World Airport Traffic 2017: Top 100 Airports
World Airlines Financial Results 1Q 2018
Embraer Orders and Deliveries 1Q 2018
Airbus & Boeing Average List Prices 2018

Events

Aviation Industry Suppliers Conference 
September 10-12, 2018, Toulouse, France  
Aero-Engines Europe 
September 12-13, 2018, Hamburg, Germany   
MRO Europe 
October 16-18, 2018, Amsterdam, The Netherlands
Commercial Aviation Services, Asia-Pacific 
Featuring MRO Asia-Pacific, Aero-Engines and Aerospace Manufacturing 
November 6-8, 2018, Singapore  

Partnership Events