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

March 10, 2016

ATW News

Shuster pushes second temporary extension of FAAâs authorization

Reps. Bill Shuster (R-Pennsylvania) and Kevin Brady (R-Texas), the chairman of two key US House of Representatives committees, have introduced legislation extending FAA’s authorization through July 15.

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A4A criticizes Senate FAA bill for regulatory overreach

Airlines for America (A4A) strongly criticized the FAA reauthorization bill proposed in the US Senate, saying it “seeks to reregulate airline industry pricing and service provisions.”

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Ryanair enters corporate charter market

Irish low-cost carrier Ryanair has launched a corporate charter service in response to strong demand from customers seeking to privately hire its aircraft.

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Aeroflot wins $16.4 million in new contract cargo business

Russia’s Aeroflot has gained RUB1.2 billion ($16.4 million) in revenue for contracted cargo space in the bellies of its passenger aircraft for its 2016 summer schedule, which started on March 1.

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A4A: Major US airlines had 14.6% pre-tax profit margin in 2015

The 10 publicly traded US passenger airlines collectively reported a pre-tax profit margin of 14.6% in 2015, according to Washington, DC-based lobbying group Airlines for America (A4A).

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Other News

ATW Plus (Premium Content)

Clark: Flydubai to free up slots at DXB for Emirates

Dubai-based low-cost-carrier (LCC) flydubai will transfer more flights to Al Maktoum International-Dubai World Central Airport (DWC) to create additional slots for Emirates Airline at the congested Dubai International Airport (DXB), Emirates president Tim Clark told ATW.