COMAC launches C919 inaugural flight

China’s Commercial Aircraft Corp. (COMAC) launched the first flight of its C919 narrowbody May 5.

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IAG net profit falls 74% in 1Q; operating profit up 9.7%

International Airlines Group (IAG) posted a first-quarter net profit of €27 million ($29.6 million), down 74% from net profit of €104 million in 1Q 2016.

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Air Canada posts $28 million 1Q net loss as fuel costs soar

Air Canada incurred a 2017 first-quarter net loss of C$37 million ($27.8 million), reversed from a net profit of C$101 million in the 2016 March quarter, as rising fuel costs hit the bottom line.

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Kenya Airways announces new CEO

Kenya Airways has appointed former LOT Polish Airlines head Sebastian Mikosz as Group MD & CEO, effective June 1.

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Jazeera profits slip again in 1Q as economy slows

Jazeera Airways announced a net loss of KD900,000 ($2.96 million) for 1Q 2017 as it continued to be hit by a slowing economic backdrop and excess capacity in the area.

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Doug Parker: ‘Our stock is so undervalued it defies logic’

Aaron Karp

American Airlines chairman and CEO Doug Parker believes American is positioned to average $5 billion in pre-tax income per year over the long term, which he concedes is a level of earnings “no one has ever fathomed before” for an airline.

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Airbus books $4.8 billion in April commercial aircraft orders
NAV Canada, FAA flight test Aireon ADS-B space-based tracking system
Norwegian evaluates long-haul flights from Germany
Air Lease Corp. posts $85 million 1Q net profit
Turkish Airlines, Middle East Airlines to codeshare
Wizz Air to begin St. Petersburg service

Canada, Bombardier counter Boeing’s complaints about CSeries

The Canadian government, including Prime Minister Justin Trudeau, is pushing back against allegations by Boeing that Bombardier has engaged in unfair “dumping” of aircraft in the US market.

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Building from Strength

Tilden steers Alaska through its transcontinental expansion.

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Poll Question

Do you believe it’s OK for airlines to overbook flights?

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New! Photo Gallery: This Week in Aviation-May 1-5, 2017
Gallery: Asiana Airlines takes first A350 XWB
Gallery: Boeing 737 MAX 9 takes flight
Gallery: Latest developments in cabin interiors
Exclusive Video: Boeing 787-10 takes off on first flight
Photo Gallery: The first flight of Boeing's 787-10
Gallery: ATW 2017 Airline Industry Achievement Awards
ATW Photo Gallery-New Aircraft Liveries-Before & After

Embraer Orders and Deliveries 1Q 2017
World Airline Financial Results 1Q 2017
World Airline Financial Results 2016

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