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

November 9, 2016

ATW News – For latest news go to ATWOnline.com

Emirates Airline net profit drops 75% in FY first half

Dubai-based Emirates Airline recorded a net profit of AED786 million ($214 million) for the first half of its 2016-17 financial year, down 75% from AED3.1 billion in the year-ago period.

FULL ARTICLE


IAG CEO Willie Walsh urges new UK-US Open Skies agreement

International Airlines Group (IAG) CEO Willie Walsh, speaking in Washington DC Nov. 9 at the International Aviation Club, congratulated President-elect Donald Trump on his election victory, and urged the US government and the aviation industry to support a new US-UK Open Skies agreement modeled on the existing US-European Union (EU) Open Skies agreement.

FULL ARTICLE

Avianca Holdings reports 3Q net profit of $38 million

Avianca Holdings S.A., posted a $37.8 million net profit for the third quarter of 2016, down 63% from a $102.1 million net profit the company reported in 3Q 2015.

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Flybe sees opportunities despite 1H profit downturn

UK-based regional Flybe reported a first-half net profit of £13.4 million ($16.6 million), halved from a net profit of £26.8 million in the same period last year.

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Copa Holdings posts $74 million 3Q net profit, record load factor

Panama City-based Copa Holdings posted net income of $74 million for the 2016 third quarter, more than a tenfold increase compared to the company’s $6.2 million net profit in 3Q 2015.

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Other News

ATW Plus (Premium Content)

Ethiopian Airlines closes in on 777X and 100-seater decisions

Ethiopian Airlines aims to decide on a 100-seat aircraft order before the end of 2016 and is still considering the Boeing 777X in preparation for a possible order in 2017.

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Air Transport World magazine

Interview: Tough Thai Times

Beneath top-line calm, the MRO market struggles over crucial cost and profit factors.

FULL ARTICLE

Blogs

ATW Editor’s Blog: Ryanair lays down the gauntlet in Lufthansa’s home base
ATW AirKarp Blog: Three reasons why major US airlines are not planning to grow in 2017
ATW Need I Say Moores Blog: Does Air France’s strategy go far enough?

Polls

Poll Question

How to stop passengers grabbing their carry-on bags and cameras in emergencies?

FULL ARTICLE

Photo Galleries

ATW News Gallery: This Week in Aviation-Nov. 7-11
Gallery: Air Astana takes first A320neo
Gallery: Lufthansa 737 final flight
Gallery: An inside look at Aeromexico’s innovative new Boeing 787-9s
ATW Photo Gallery-Passenger Experience/Cabin Interiors
ATW Photo Gallery-New Aircraft Liveries-Before & After

Data

Airbus and Boeing Commercial Aircraft Deliveries Year-to-Date: October 2016
Airbus and Boeing Commercial Aircraft Orders Year-to-Date: October 2016
World Airline Financial Results: 3d Quarter 2016 Roundup

Events

MRO Latin America
January 25-26, 2017, Cancun, Mexico
Aero Engines Americas
February 2-3, 2017, San Antonio, TX
MRO Middle East

February 8-9, 2017, Dubai World Trade Centre, Dubai, UAE
MRO East Asia

March 8-9, 2017, Seoul, South Korea
ATW's Airline Industry Achievement Awards
 
March 28th, 2017, New York, NY