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

December 8, 2016

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IATA forecasts drop in global airline profitability in 2017

The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs, coupled with a sluggish global economy that lead IATA forecasters to believe next year’s industry net profit will be almost $6 billion lower than 2016’s expected profit.

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New IATA chief lays out priorities; calls Heathrow runway cost âoutrageousâ

Settling into his new role as the head of IATA, director general and CEO Alexandre de Juniac has made clear his frustration with government policies that fail to recognize the value of aviation.

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Brazil to announce streamlined regulation package for airlines

Brazil is expected to announce details next week of an act that will streamline some of the complex web of regulation it currently imposes on the country’s airlines.

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Philippine Airlines finalizes order for up to 12 Q400s

Manila-headquartered Philippine Airlines has finalized a firm order for five Bombardier Q400s and purchase rights for another seven, launching the two-class, 86-seat variant.

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Boeing starts 787-10 final assembly; Trent TEN to power first flight

Boeing has started final assembly of the first 787-10, the third and largest variant of the 787, at its manufacturing facility in North Charleston, South Carolina.

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Other News

ATW Plus (Premium Content)

AIA to push Trump administration to embrace global trade, Open Skies

The US Aerospace Industries Association (AIA), which lobbies on behalf of US aerospace manufacturers, is preparing to go up against “some headwinds” as it pushes the incoming Trump administration to embrace global trade, according to AIA president and CEO David Melcher.