ATW Daily News ATW
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
| Bill Carey Premium Content The US Department of Transportation will use its exemption authority to issue certificates to operators of small unmanned aircraft vehicles (UAVs) seeking to transport goods for compensation, a procedural step toward allowing delivery drones.
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| Bill Carey Premium Content The Panasonic Corp. of Japan and its US subsidiary Panasonic Avionics Corp. (PAC) will pay $280 million to resolve Foreign Corrupt Practices Act and accounting fraud violations, the US Department of Justice (DOJ) and Securities and Exchange Commission (SEC) announced separately April 30.
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| Sean Broderick  FAA has mandated inspections for the CFM56-7B fan blade population not covered by the agency’s April 20 emergency airworthiness directive (AD), following CFM International’s latest recommendations.
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| Kurt Hofmann  Emirates Airline has temporarily grounded some aircraft to optimize operations as demand slows and fewer flight crew are available.
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| Adrian Schofield  Australian LCC Tigerair is facing the prospect of schedule disruption as its pilots plan limited industrial action over a long-running contract dispute.
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| Katie Cantle Premium Content  China’s major carriers—including Air China, China Southern, Hainan Airlines, Spring Airlines and Juneyao Airlines all reported 1Q net profit increases because of robust growth of market demand, yuan appreciation and capacity discipline. China Eastern was the only carrier that reported a profit decline.
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| Alan Dron London Heathrow Airport reported substantially improved financial results for 1Q 2018, as passengers and trade at the west London hub hit record numbers.
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ATW Blog: Need I Say Moores
| Victoria Moores What does an airline need to succeed? The answer is market stability, according to EgyptAir Airlines chairman captain Sherif Ezzat Badrous.
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