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Daily News
Business news and events affecting the global airline industry |  |
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| Ben Goldstein  The compromise spending package signed into law by US President Trump allotted $17.5 billion for the FAA’s FY2019 budget, a roughly $550 million drop from FY2018 but $1.3 billion more than the administration’s request.
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| Kerry Reals  UK regional Flybe has rejected a rival takeover bid from investors led by Mesa Air Group, which seeks to halt the sale of the airline to Virgin Atlantic- and Stobart Group-led consortium Connect Airways.
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| Kerry Reals Premium Content Anyone caught flying a drone within 5km (3.1 mi.) of an airport runway will face arrest and criminal charges under new UK government legislation, which comes into force in March.
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| Kerry Reals Premium Content  The Air France-KLM Group reported a 2018 net profit of €409 million ($468 million), more than doubled from €163 million for 2017, on a 2.5% year-over-year (YOY) increase in revenue to €26.5 billion.
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| Adrian Schofield South Korean LCC Aero K aims to launch operations later this year if it wins approval during the government’s upcoming selection process for startup airlines.
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| Sean Broderick Premium Content  Lingering booking sluggishness linked to the partial US government shutdown means Southwest Airlines will miss out on an estimated $50-$60 million in first-quarter revenue, much higher than previously estimated, the Dallas-based carrier said Feb. 20.
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| Kerry Reals The European Union (EU) has called on ICAO to agree at its assembly in September to a “long-term goal” to address the aviation industry’s increasing carbon-dioxide emissions.
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| PREMIUM CONTENT  How the merged Alaska Airlines and Virgin America is paying dividends
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| SpeedNews 33rd Annual Commercial Aviation Industry Suppliers Conference (ASC)
March 4-6, 2019, Beverly Hills, CA
Aviation Week Laureate Awards
March 14, 2019, Washington, DC
ATW's Airline Industry Achievement Awards
March 26, 2019, New York, NY
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April 9-10, 2019, Atlanta, GA
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