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Daily News
Business news and events affecting the global airline industry

May 9, 2018

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Emirates Airline doubles profit in 2017-18

Victoria Moores

Emirates Airline has posted 124% profit growth for its most recent financial year, delivering a AED2.8 billion ($762 million) profit despite “strong competitive pressure across all markets” and higher fuel prices.

DOT names participants for drone integration program

Bill Carey

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Transportation Secretary Elaine Chao on May 9 named 10 local, state and tribal governments the US Department of Transportation (DOT) has selected to participate in the Unmanned Aircraft Systems (UAS) Integration Pilot Program (IPP) to test small drone applications within their jurisdictions.

EU Commission approves Rockwell Collins sale to UTC after divestitures

Michael Bruno

The European Commission has cleared the way for United Technologies Corp. (UTC) to buy Rockwell Collins, assuming the divestiture of businesses in actuators, pilot controls, ice protection and oxygen systems.

The IAFS explores the future with CEOs and senior executives from across the industry. Everything is changing, and we’ll be discussing how to optimize the future. Join us in Denver – August 19-21. Great insight and information and fabulous networking events including Boom Supersonic HQ visit.

Aircraft manufacturers expect to lose Iran orders

Michael Bruno

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Airbus expects to be bound by the Trump administration’s new prohibitions against selling US aircraft and parts to Iran even if Europe maintains a more business-friendly approach to the Persian Gulf nation, a top executive said.

Boeing insists on âlevel playing fieldâ with Airbus in Iran developments

Michael Bruno

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Boeing chief executive Dennis Muilenburg has said making sure Airbus and Boeing are held to the same requirements or given the same opportunities in any Iranian aircraft sales will be the top priority now that President Donald Trump is withdrawing from the Iranian nuclear deal.

Ruling in WTO case against Airbus expected next week

Ben Goldstein

World Trade Organization (WTO) appeals judges are expected to hand down a long-anticipated decision on the dispute between the US and European Union (EU) over whether EU payments to Airbus constitute illegal subsidies.

Other News

Drone ID in airspace a key concern, US lawmakers told
Airbus’ April orders rebound with first A319neo orders in a year
Boeing’s April orders led by American’s 47 787s, Utair’s 30 MAXs
China Express 1Q net profit up 6.3% growth of business scope, demand
Iceland’s WOW Air poised to announce flights to India
SAS appoints director to oversee growth
Aircraft Briefs-May 9, 2018

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