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

March 31, 2016

ATW News

Brazilâs GOL posts $1.1 billion net loss in 2015

São Paulo-based low-cost carrier GOL reported a net loss of BRL4.29 billion ($1.1 billion) in 2015, more than doubling its BRL1.12 billion net loss in 2014.

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Avianca names Microsoft executive RincÃ³n as new CEO

Avianca Holdings has named Microsoft Latin America president Hernán Rincón as its new CEO, replacing Fabio Villegas, who resigned in January.

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Monarch Airlines owner considers strategic options

Less than 18 months after taking control of UK carrier Monarch Airlines, its new owner is exploring strategic options for the London Luton Airport-based leisure operator.

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Delta, pilots seek federal mediation in contract talks

Delta Air Lines and its pilots, represented by the Air Lines Pilots Association (ALPA), are seeking US federal government mediation in their labor negotiations.

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Air China reports net profit up 77% in 2015

Air China has reported a 2015 net profit of CNY6.77 billion ($955 million), up 77% compared to net income of CNY3.82 billion in 2014.

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ATW Editor's Blog

Virgin America: Why Alaska might be the better fit

Karen Walker

Yesterday I wrote some initial thoughts on potential outcomes if, as widely reported but not confirmed, Virgin America is talking to potential buyers.

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ATW AirKarp blog

What Aviancaâs innovative CEO choice tells us about airlinesâ future

Aaron Karp

Choosing a CEO to implement a visionary strategy for interacting with passengers digitally.

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Other News

ATW Plus (Premium Content)

Russiaâs S7 Airlines increases fleet, frequencies

Low-cost carriers (LCC) Ryanair and Volotea are opening further bases in Europe, as they apply yet further pressure on legacy airlines and fellow LCCs.