ANA sees 46% profit increase on international revenue growth

Adrian Schofield

All Nippon Airways (ANA) Holdings achieved another strong profit rise in its fiscal year ended March 31, driven mainly by a sharp increase in international revenue.

Airbus posts 31% net profit drop in 1Q; cuts A330/A330neo production

Jens Flottau

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Airbus reported a €283 million ($349 million) net profit in the March quarter, down 31% from €409 million a year earlier.

US House passes FAA reauthorization bill to 2023

Aaron Karp

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The US Congress took a major step toward bringing an end to more than three years of contentious debate over FAA reauthorization with the House voting overwhelming to pass legislation that would authorize the agency through Sept. 30, 2023.

United Continental Holdings raises stake in Brazil’s Azul to 8%

Sean Broderick

United Airlines parent United Continental Holdings has boosted its stake in Azul Airlines to 8% after purchasing shares in the Brazilian company from China’s HNA Group subsidiary Hainan Airlines.

Russia’s S7 Group agrees to buy Sukhoi’s new SSJ75 aircraft

Polina Montag-Girmes

Russia’s S7 Group has signed a letter of intent (LOI) with Sukhoi Civil Aircraft Co. (SCAC) for 50 Sukhoi Superjet 75 (SSJ75) aircraft, plus 25 options.

Air France grounds one 787 over union pilot training conflict

Helen Massy-Beresford

Air France said it would be forced to ground one of its new Boeing 787 aircraft and reduce its flight frequency from Paris to Guangzhou, China over a disagreement with its main pilot union the SNPL about pilot training.

Embraer posts $10 million 1Q net loss; commercial revenue down 21%

Mark Nensel

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Brazilian manufacturer Embraer posted a consolidated $10.2 million net loss for the first quarter of 2018, a reversal from the company’s $55.1 million net profit showing in the year-ago March quarter.

“Finally” is all that can be said about House FAA reauthorization bill

Karen Walker

In the end, there’s not a whole lot you can say about the US House FAA reauthorization bill other than it’s done.

JAL reports 17.5% net profit drop on deferred taxes
SkyWest fleet transition lifts 1Q net profit 56%
Iceland’s WOW Air closes in on Asia launch
Spirit posts $45 million 1Q loss, cites pilot contract-related charges
US domestic network lifts UPS 1Q profit 15%
China’s Guangzhou Baiyun Airport opens new terminal
Aircraft & Engine Briefs-April 27, 2018

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