ATW Daily News ATW Daily News Business news and events affecting the global airline industry | |
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ATW News Alaska Airlines and Virgin America announced plans to merge in a $4 billion deal unanimously approved by each company’s board of directors but still needs US regulatory approval. FULL ARTICLE |
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Alaska Air Group cited gaining a strong foothold in California as the primary driver in its proposed $4 billion acquisition of San Francisco-based Virgin America, which the Seattle-based carrier said gives it the opportunity to become the leading domestic-services airline on the US West Coast. FULL ARTICLE |
Brussels Airport has reopened and begun its first flights since the March 22 terrorist attacks, but the airport is operating a very limited service with extra security measures. FULL ARTICLE |
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More than 80 flights were canceled and at least 14,000 passengers stranded at Ninoy Aquino International Airport (NAIA) following a major power outage April 2-3. FULL ARTICLE |
China Eastern Airlines reported a net profit of CNY4.54 billion ($64 million) in 2015, up 33% compared to net income of CNY3.42 billion in 2014. FULL ARTICLE |
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ATW Editor's Blog Karen Walker After what Alaska Air Group CEO Brad Tilden described as a “hard fought competition,” his company walked away with the $4 billion prize—a rare opportunity to grow via an acquisition-merger with Virgin America. FULL ARTICLE |
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Skypaths Delta Air Lines announced it will suspend service between Atlanta and Brussels until March 2017 because of the continued uncertainty surrounding the re-opening of the Brussels airport and weakening demand. Air France will resume flights to Tehran with 3X-weekly service from April 17. The flights have been suspended since 2008. FULL ARTICLE |
ATW Plus (Premium Content) Aeroflot’s consolidated regional subsidiary Rossiya Airlines will take delivery of aircraft with the new livery in April, Aeroflot said in a statement. FULL ARTICLE |
Premium News Subscription Air Transport World magazine The FAA reauthorization bill that looked set to proceed through the US Senate in April is an example of both a golden opportunity missed to modernize the US air traffic management system and shameful political interference in market dynamics. FULL ARTICLE |
Polls Will US regulators allow a Virgin America merger with Alaska Airlines? FULL ARTICLE |
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