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Business news and events affecting the global airline industry |  |
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| Sean Broderick  Boeing’s second-quarter earnings will include a $4.9 billion after-tax charge to cover some actual and estimated future expenses linked to the 737 MAX grounding, while a reduced production rate is driving up 737 costs and lowering margins, the company said July 18.
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Read the incredible true story of the Pittsburgh International Airport employee whose novel idea led to the invention of a 19-ton "Magic Eraser" that revolutionized airport operations worldwide. |
| Ben Goldstein Premium Content  CEOs of several major US carriers and Qatar Airways met with President Donald Trump and Vice President Mike Pence July 18 to discuss accusations that Qatar and the United Arab Emirates (UAE) have been unfairly subsidizing their respective state-sponsored airlines.
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| Sean Broderick Premium Content  Aeromexico is leaning on its government to reverse a decision that grants Dubai-based Emirates Airline fifth-freedom rights between Mexico City and Barcelona and is pledging to emphasize its own new service on the route to demonstrate its commitment, CEO Andrés Conesa said.
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| Kurt Hofmann  Icelandair will keep the Boeing 737 MAX off its flight schedule through the end of October as uncertainty about when the grounded aircraft will return to service drags on.
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| Ben Goldstein Premium Content Lawmakers in the US House of Representatives have introduced bipartisan legislation that would eliminate the federal cap on the passenger facility charge (PFC) that US airports use to finance infrastructure projects.
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| Alan Dron  London’s Gatwick Airport has received a largely positive response to development plans over the next 15 years, with public support for making greater use of existing facilities.
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| Linda Blachly  Alaska Airlines’ 900 Airbus and Boeing aircraft technicians, represented by the Aircraft Mechanics Fraternal Association (AMFA), have ratified a transition agreement and an integrated seniority list.
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Air Transport World magazine
| PREMIUM CONTENT  JetBlue, a US carrier with a reputation for good service and low fares, looks to disrupt the transatlantic market.
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