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Magazine Issue

Aviation Daily, August 13, 2018

VOL. 413 NO. 30 August 13, 2018
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Airlines

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Copa 2Q Net Profit Down 15% On Fuel Costs

Aug 10, 2018
Panama-based Copa Holdings posted a second-quarter 2018 net profit of $49.9 million, down 15% from $58.6 million in 2Q 2017, on the combined effects of rising fuel costs, weakened currencies in Brazil and Argentina, and a 90-day halt on all Copa flights to Caracas, Venezuela.
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Bombay Stock Exchange Seeks Answers From Jet Airways

Aug 10, 2018
The Bombay Stock Exchange (BSE) is seeking further information after Indian carrier Jet Airways delayed the release of its financial results for the quarter ended June 30.
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HNA’s Lucky Air Gets Local Government Investment

Aug 10, 2018
Lucky Air has become the latest HNA Group carrier to arrange a capital injection from a Chinese local government.
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Ryanair Pilots Across Europe Strike

Aug 10, 2018
Ryanair canceled around 400 flights in Europe Aug. 10, most of them in Germany, as pilots in five countries staged strikes to emphasize their claims against the airline.
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Exchange Rates Pull Down Chorus 2Q Profit

Aug 09, 2018
Chorus Aviation increased its second-quarter (2Q) adjusted net income 9% thanks largely to its growing aircraft leasing business, but unfavorable currency exchange rates helped dragged down the company’s year-over-year (YOY) 2Q net income down 61%.
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Travelport: U.S. Business Passengers Will Self-Pay For Upgrades

Aug 10, 2018
A Travelport study has revealed that 55% of U.S. business passengers are willing to pay for travel upgrades out of their own pocket and 80% prefer to have direct control over their plans.

Lessors

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Air Lease Corp. Unfazed By Boeing 737 Delays

Aug 10, 2018
Air Lease Corp. (ALC) said at least two of its Boeing 737s will be delivered late because of the manufacturer’s mounting production-line challenges, but is not anticipating significant, long-term disruptions.
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DAE Reports Strong Profit Following AWAS Merger

Aug 10, 2018
Aerospace company and aircraft lessor Dubai Aerospace Enterprise (DAE) has posted a $224 million pre-tax profit for the first half of 2018, up from $42.5 million for the comparable period in 2017, driven by the “smooth and successful integration” of leasing company AWAS.

Industry Data

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U.S. Airlines Seasonally-Adjusted Monthly Domestic Load Factor 2014-2018

Aug 13, 2018
View the U.S. Airlines Seasonally-Adjusted Monthly Domestic Load Factor 2014-2018 chart in PDF format.
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SpeedNews Aircraft & Engines Marketplace

Aug 13, 2018
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Upcoming Events

Aug 13, 2018
To list an event, send information in calendar format to Donna Thomas at [email protected]. For a complete list of Aviation Week Network’s upcoming events, and to register, visit www.aviationweek.com/events (Bold type indicates new calendar listing.)