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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
| Premium Content  Encouraged by much-improved results across all airline units and robust unit revenues, International Airlines Group (IAG) plans to expand capacity significantly in 2018, a move met with concerns by investors.
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| Premium Content  International Airlines Group (IAG) is reviewing the future fleet composition of its new long-haul LCC Level now that the airline has produced encouraging results in its first seven months of flying.
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| Premium Content  Air New Zealand plans to launch a nonstop flight from Auckland to Taipei, Taiwan, as the latest step in its strategy of growing its Pacific Rim destinations.
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| Katie Cantle Tianjin Cargo Airlines has secured approval for three Boeing 737 family freighters from the Civil Aviation Administration of China (CAAC), paving the way for a May 2 launch.
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|  Qatar Airways CEO Akbar Al Baker is working on a new economy-class product, which could be unveiled as early at 2019, likely at next year’s ITB Berlin.
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| Mark Nensel  Reflecting a 20% increase in volumes and a 17% rise in full-year revenues, Atlas Air Worldwide Holdings posted a $223.5 million net profit for 2017—a fivefold increase over the Purchase, New York-based air freight carrier’s $41.5 million net income for 2016.
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| Mark Nensel Dublin-based Avolon reported a $550 million profit for the year, a 59.4% rise over its $345 million profit after tax in 2016.
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Air Transport World magazine
| PREMIUM CONTENT  Lufthansa’s ascent to global strength
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