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

November 12, 2018

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Report: IAG in talks with Spain on EU ownership ahead of Brexit

Helen Massy-Beresford

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International Airlines Group (IAG) expressed confidence an agreement on air transport with the European Union (EU) would be reached after a Spanish media outlet reported the group was in talks with Spain to protect IAG’s EU ownership rights in the event of a no-deal Brexit.

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US senator urges FAA to move on aircraft seat sizes

Ben Goldstein

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US Senate Minority Leader Chuck Schumer (D-New York) has called on FAA to take action to set minimum dimensions for US airlines, saying the agency is moving too slowly and “not implementing the law.”

Report: fastjet selling stake in Tanzanian subsidiary

Alan Dron

Fastjet, which has warned it might not survive without equity fundraising, is in the process of selling off the company’s stake in the African LCC’s loss-producing Tanzanian subsidiary, according to local media reports.

Three in running for Alitalia as deadline nears

Helen Massy-Beresford

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Special commissioners are examining the three offers made for Alitalia this week ahead of presenting their conclusions to the government in a long-running process to relaunch the bankrupt carrier.

China Eastern to take stake in Juneyao

Bradley Perrett

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China Eastern Airlines Group is taking an up to 8.6% stake in privately-owned Juneyao Airlines by acquiring newly-issued shares.

US watchdog warns FAA more work needed to prevent ATC outages

Bill Carey

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FAA has taken steps to resolve the causes of seven outages of its En Route Automation Modernization (ERAM) system since 2014, but the air traffic control (ATC) automation platform remains vulnerable, the US Transportation Department inspector general says in audit report released Nov. 9.

SWISS to wet lease Helvetic Airways E190-E2s

Kurt Hofmann

Swiss International Air Lines (SWISS) will wet lease up to eight Embraer E190-E2s from regional carrier Helvetic Airways in an expansion of the airlines’ partnership.

Investigation launched into Air Astana E190 loss-of-control incident

Kurt Hofmann

A pair of military jets escorted an Air Astana Embraer 190 as it experienced severe technical difficulties over Portugal and the pilots considered ditching at sea.

Fly Jamaica Boeing 757 crash lands in Guyana

Some passengers were injured after a Fly Jamaica Airways Boeing 757 crash-landed at Cheddi Jagan International Airport, in Timehri, Guyana.

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