Madhu Unnikrishnan

Madhu
Unnikrishnan
Managing Editor,
Aviation Daily

Madhu Unnikrishnan is managing editor of Aviation Daily and the Commercial Channel on the Aviation Week Intelligence Network (AWIN), and he also covers North American airlines for those publications and Aviation Week & Space Technology. Prior to returning to Aviation Week in 2014, he handled media relations for Virgin America. From 2004-2013, Madhu held a variety of editorial roles at Aviation Week, starting as the editor of Aviationweek.com and AWIN, moving on to cover international affairs for Aviation Daily, and was business editor of Aviation Week & Space Technology. He began his aviation journalism career as one of the launch editors for two industry e-newsletters. He is a magna cum laude graduate of Tufts University and holds a master of science degree with honors from the London School of Economics and Political Science.

Articles
Near-Term Oil Prices Likely To Remain Stable 

LAS VEGAS—The price of crude oil has remained roughly steady during the last year and increasing supplies means it is just as likely to fall as rise in the near-term, a petroleum industry analyst said.

The futures price for West Texas Intermediate has held steady at about $90 per barrel for the last year, Ben Brockwell, director of data at petroleum-industry consultancy OPIS, said at the Boyd International Aviation Summit here. But the day-to-day trading price—not the futures price—has been much lower, trading between $60-$70 per barrel.

Southwest To Expand Internationally After Full AirTran Integration 
Southwest Airlines sees “plenty” of opportunity for expansion in the north of South America with its existing fleet of Boeing 737s and will begin increasing its international service from Fort Lauderdale, Florida by 2017 or 2018, an executive at the Dallas-based carrier said at the Boyd International Aviation Summit.
Delta Strikes Back On Ex-Im 

House Financial Services Committee Chairman Jeb Hensarling (R-Texas) is reviewing another letter from Delta Air Lines calling for reform of the Export-Import Bank of the U.S. (Ex-Im).

In the latest salvo between Delta and Boeing, the Atlanta-based carrier refutes point-by-point claims Boeing made in a letter it sent to Hensarling earlier this month. Andrea Newman, Delta senior vice president-government affairs, seeks to counter “the inaccurate and incomplete statements in that letter.”

Oil Prices Likely To Be Stable In Near Term 
The futures price for West Texas Intermediate has held steady at about $90 per barrel for the last year, Ben Brockwell, director of data at petroleum-industry consultancy OPIS, said at the Boyd International Aviation Summit here. But the day-to-day trading price—not the futures price—has been much lower, trading between $60-$70 per barrel.
A4A: Industry Average Margin 5% In First Half 

Airlines for America (A4A), the U.S. airline industry’s main trade body, said that although extreme weather in the first quarter of this year almost derailed financial results, the airline industry reported an overall profit for the first half of 2014.

The trade group based its findings on nine publicly traded airlines: Alaska, Allegiant, American, Delta, Hawaiian, JetBlue, Southwest, Spirit and United. Collectively, these airlines reported a net profit of $3.8 billion, up from $1.6 billion last year, and an operating margin of 5%, up from 2.1% last year.

Delta Strikes Back On Ex-Im 
In the latest salvo between Delta and Boeing, the Atlanta-based carrier refutes point-by-point claims Boeing made in a letter it sent to Hensarling earlier this month. Andrea Newman, Delta senior vice president-government affairs, seeks to counter “the inaccurate and incomplete statements in that letter.”
A4A: Industry Average Margin 5% In First Half 
The trade group based its findings on nine publicly traded airlines: Alaska, Allegiant, American, Delta, Hawaiian, JetBlue, Southwest, Spirit and United. Collectively, these airlines reported a net profit of $3.8 billion, up from $1.6 billion last year, and an operating margin of 5%, up from 2.1% last year.
DOT Inundated With Comments For, Against NAI Application 

Norwegian Air International (NAI) and its supporters say the U.S. Transportation Department (DOT) does not have the right to deny its application for a foreign air carrier permit to operate in the U.S., while organized labor, led by the Air Line Pilots Association (ALPA), argue the opposite: that the public interest is best served by the DOT unilaterally denying NAI’s application.

ALPA: Ex-Im Widebody Financing Tilts Competitive Playing Field 
Unlike Delta Air Lines, another opponent of Ex-Im’s current loan guarantee policy, ALPA says it argues for eliminating widebody financing altogether. “We are for the Ex-Im Bank,” ALPA President Capt. Lee Moak told Aviation Week in a roundtable. “But international widebody financing, both at Ex-Im and the European [export credit agencies] tilts the playing field.”
DOT Docket Inundated With Comments For, Against NAI Application 4
In dueling filings with the DOT, Norwegian Air International and labor—among other stakeholders, including travel industry advocacy groups and airlines—lay out their cases, which turn on Article 17 bis of the U.S.-EU open skies agreement. This amendment to the treaty protects the “social dimension,” stipulating that carriers operating in the signatories’ territories must obey local labor laws.
Southwest Signals Intentions For Houston-Mexico City 

Southwest Airlines is revealing where it plans to fly in Mexico through filings with the U.S. Transportation Department (DOT) that support—or, with some caveats, do not object to—another airline’s plans in that country. 

United Airlines has applied for an exemption that would allow SkyWest, operating as United Express, to fly between Houston and Mexico City. United and its code-share partner, ExpressJet, already have the authority to fly the route, but United is asking the DOT to substitute SkyWest for ExpressJet.

Southwest Signals Intentions For Houston-Mexico City 
United Airlines has applied for an exemption that would allow SkyWest, operating as United Express, to fly between Houston and Mexico City. United and its code-share partner, ExpressJet, already have the authority to fly the route, but United is asking the DOT to substitute SkyWest for ExpressJet.
Boeing Strikes Back Against Delta In Letter To Congress 

Boeing is escalating the war of words between it and Delta Air Lines over the role of the Export-Import Bank of the U.S. (Ex-Im), dispatching a letter to the chairman of the House Financial Services Committee that refutes, point-by-point, a letter the Atlanta-based carrier sent last week.

JetBlue Remains Committed To Point-to-Point Model 

Even as JetBlue Airways expands into the Caribbean and Latin America and develops focus cities along the U.S. East Coast, it continues thinking of itself as a point-to-point low-cost carrier (LCC), CEO Dave Barger said.

Latest Blogs
Sep 20, 2014
blog

Low Clouds, Rain Force NASA, SpaceX to Scrub Saturday Attempt to Launch Space Station Cargo Mission

Poor weather remains a factor as SpaceX prepared for a second launch attempt early Sunday....More
Sep 19, 2014
blog

Higher and Faster in the X-15

Fifty five years ago this week test pilot Scott Crossfield flew the North American Aviation X-15 rocket plane on its first powered flight....More
Sep 19, 2014
blog

Podcast: Match Made in Space -- New Companies and Traditional Giants

Major developments in Commercial Crew and rocket engines are the subject of this week’s Check 6 podcast....More
Sep 18, 2014
blog

9/18 Frago

Defense news from around the Web...More

More blogs

NEW: Sign up to Aviation Week eBulletin

Daily analysis on technology advances impacting the global aviation, aerospace & defense industries.

Sponsored Introduction Continue on to (or wait seconds) ×