ATW Daily News ATW
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
| Sean Broderick  FAA has posted the draft of revised Boeing 737 minimum training standards that incorporate the MAX’s maneuvering characteristics augmentation system (MCAS) for a third public comment period.
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| Sean Broderick Premium Content  Despite the loss of revenue from 18 days of grounded Boeing MAXs at the end of last quarter, WestJet posted a C$45.6 million ($33.8 million) profit, up 30% from $34.2 million in the year-ago period.
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| Bill Carey Premium Content The FAA “cannot confirm the legality” of using technologies designed to detect small unmanned aircraft systems (UAS), or drones, the agency stated in updated guidance sent to US airports.
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| Kurt Hofmann French air traffic controllers (ATCs) are set to begin a 35-hour strike from 7 p.m. May 8, the third national ATC strike in Europe this year, according to Airlines for Europe (A4E).
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| Kurt Hofmann  Icelandair posted a first-quarter net loss of $55 million, widened from a $35 million net loss in the year-ago quarter as pressure on airfares, higher costs and Boeing 737 MAX grounding created uncertainty.
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| Victoria Moores Dutch pension investor PGGM Infrastructure Fund has agreed to take a 25% stake in aircraft lessor Macquarie AirFinance, with further funds available to support future growth.
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| Victoria Moores  Privately owned Polish carrier Enter Air has agreed to acquire 49% of Germania Flug, the former Swiss charter unit of Berlin-based leisure carrier Germania.
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| Ben Goldstein Premium Content The US Senate voted to confirm three nominees to the Export-Import Bank’s board of directors, providing the export credit agency a quorum for the first time since 2015.
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