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Daily News
Business news and events affecting the global airline industry |  |
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ATW News â For latest news go to ATWOnline.com
| Karen Walker  In its third version this week of what was agreed between the US and the United Arab Emirates on their Open Skies aviation deal, the White House now says there is an “understanding” that UAE airlines have “no current plans” to add fifth freedom flights, but makes no mention of a routes freeze.
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| Sean Broderick FAA and the European Aviation Safety Agency (EASA), acting on engine manufacturer CFM International's recommendations, have mandated a tighter timeline for initial inspections of higher-time CFM56-7B fan blades.
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| Adrian Schofield Premium Content  Singapore Airlines (SIA) more than doubled its net profit for its 2017/18 fiscal year through March 31, as robust revenue growth managed to offset continued yield weakness and rising fuel costs.
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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. |
| Mark Nensel Dominican Republic-based startup Dominican Wings is rebranding as Flycana, the first LCC in the Caribbean, according to owner and founder Victor Pacheco.
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| Adrian Schofield Premium Content  Korean Air recorded a first-quarter net loss of KRW10 billion ($9.2 million), reversed from a KRW559 billion net profit in the same period last year.
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| Ben Goldstein The US Transportation Security Administration (TSA) has created a watch list of people who act unruly and combative at airport checkpoints, according to an unsealed directive reviewed May 17 by the New York Times.
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| Sean Broderick .jpg) After an initial delay, Canadian LCC WestJet Airlines is poised to launch its first capacity purchase agreement (CPA) in June, the first of what is expected to be several deals that will expand the carrier’s network into smaller communities.
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