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Aviation Daily, May 25, 2018 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Airlines

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U.S. Airline Profits Continue To Decline As Fuel Prices Rise

May 24, 2018
Pre-tax earnings for U.S. passenger airlines fell 27%—down approximately $700 million year-over-year (YOY)—in the first quarter of 2018, as fuel, labor, airport and aircraft expenses outpaced revenue growth, according to an industry overview by Airlines for America (A4A).
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AirAsia Achieves Strong 1Q Profit Despite Rising Fuel Costs

May 24, 2018
The AirAsia group almost doubled its first-quarter net profit to MYR1.1 billion ($276.3 million), boosted mainly by the sale of assets, but also fueled by higher passenger volume.
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Condor To Renew Long-Haul Fleet

May 24, 2018
European leisure group Thomas Cook will decide on the renewal of its long-haul fleet before the end of the year.
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Lufthansa Group Adds ‘Economy Light’ Transatlantic Fare

May 24, 2018
Lufthansa Group network airlines will introduce an “Economy Light” fare on routes to North America for the summer 2018 season.
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Allegiant, Flight Dispatchers Tentatively Agree On Terms

May 24, 2018
Las Vegas-based ultra-LCC Allegiant Air and its flight dispatchers, represented by the International Brotherhood of Teamsters (IBT), reached a tentative agreement May 22 on a five-year contract, the first ever for Allegiant’s 34 dispatchers. Negotiations for the contract began in 2017.
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Air Arabia Posts Improved First Quarter Results

May 15, 2018
An improvement in yield margins—after several years of shrinking margins in the Gulf region—helped LCC Air Arabia to post an 8% year-over-year (YOY) rise in net income to AED110 ($30 million) for the 2018 first quarter, compared to an AED102 million net profit for the same period a year ago.
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Latvia’s SmartLynx To Expand In North America

May 24, 2018
Latvia—based wet-lease and charter specialist SmartLynx Airlines plans to increase both its fleet and area of operations in 2018.

FuelWatch

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Global Jet Fuel Prices As of May 24, 2018

May 25, 2018

Safety

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Investigators Pinpoint MH17 Missile To Russian Army Unit

May 24, 2018
The Dutch-led Joint Investigation Team (JIT) examining the shooting down of Malaysia Airlines Flight MH17 said the surface-to-air missile system that took down the aircraft did belong to the Russian armed forces.

Technology

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Comac Makes Composite Outer Wing Box

May 24, 2018
Comac has completed a composite outer wing box as part of a program to accumulate technology for future aircraft programs.

Industry Data

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United Airlines Fuel Cost 2016\2017

May 25, 2018