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Daily News
Business news and events affecting the global airline industry

January 25, 2018

ATW News â For latest news go to ATWOnline.com

American CEO Parker defends US airline industry growth

Aaron Karp

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American Airlines chairman and CEO Doug Parker vigorously defended the carrier’s plans to grow system capacity 2.5% year-over-year (YOY) in 2018 and encouraged investors to distinguish between different kinds of airline growth.

Southwestâs RASM positive in 2017; earns 45th straight annual profit

Aaron Karp

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Southwest Airlines “turned the corner” on unit revenue growth in 2017, edging into positive territory for the full year, and expects RASM momentum to continue in 2018 with 1%-2% year-over-year (YOY) growth in the first quarter, chairman and CEO Gary Kelly said.

Tax reform gain boosts JetBlue to $1.1 billion 2017 net profit

Mark Nensel

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A one-time non-cash gain related to the recent US tax reforms helped to lift JetBlue Airways to a $1.1 billion net profit in 2017, the New York-based carrier said Jan. 25.

ACI Europe reiterates Brexit warnings

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Airport lobby group ACI Europe has issued renewed warnings over the risks of Britain’s planned exit from the European Union (EU) (Brexit), saying airlines are in the dark about what will happen.

African Open Skies to become effective Jan. 28

Victoria Moores

The long-awaited opening of the intra-African air transport market is slated to become a reality on Jan. 28, when the African Union (AU) signs off the final rule-making after a renewed push for liberalization.

Ryanair continues to introduce new travel initiatives

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Irish LCC Ryanair has launched its latest tool to drive ancillary revenues, Travel Credit, an incentive scheme that gives customers 10% credit to spend on flights if they book their hotel room through the recently upgraded Ryanair Rooms website.

Interview: Stefan Pichler, President & CEO, Royal Jordanian

Karen Walker

Royal Jordanian is embarked on a five-year turnaround plan that will build on the oneworld carrier’s improving financial position. Leading the effort is president and CEO Stefan Pichler, an industry veteran who took the helm in June.

Other News

TUIfly appoints former NIKI CEO as COO
ATR sees renewed interest in freighter variants
Chinese lessors coping with stresses of growth
Lufthansa to operate A320neos across subsidiaries
Dedicated freighters making a comeback
DAE to focus on narrowbodies, turboprops
People-Jan. 25, 2018

Air Transport World magazine

Asiaâs Year of Transformation

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Region’s airlines look to build on profitability plans

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