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Magazine Issue

Aviation Daily, August 17, 2018

VOL. 413 NO. 34 August 17, 2018
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Airlines

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Air France-KLM Appoints Air Canada’s Smith CEO

Aug 16, 2018
Air France-KLM said its board of directors has decided to appoint Air Canada passenger airlines president and COO Benjamin Smith as its new CEO.
article

Vietnam Airlines 1H 2018 Profit Up 87%

Aug 16, 2018
Vietnam Airlines reported strong profit growth for the first half of 2018, and the carrier is also making progress on plans to increase productivity and reduce staff numbers.
article

Avianca Incurs $36 Million 2Q Loss On Fuel Costs, Strike Impact

Aug 16, 2018
Avianca Holdings had an unadjusted net loss of $35.7 million for the 2018 second quarter, reversed from a $10.6 million net profit in 2Q 2017, as the Colombia-based company faced currency volatility, increased fuel prices, infrastructure disruptions and continuing after-effects of a 51-day pilots’ strike in 4Q 2017.
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Royal Jordanian Narrows Loss In 1H 2018

Aug 16, 2018
Substantial marketing efforts led to Royal Jordanian more than halving its losses for first half of 2018 compared to the same period a year earlier, the airline said.
article

Canadian ULCC Swoop Adds Fourth Boeing 737-800

Aug 16, 2018
Swoop, Westjet’s ULCC subsidiary, has placed its fourth aircraft into service and is using it to support previously announced seasonal flights between Abbotsford International and Winnipeg Richardson International airports.

FuelWatch

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Global Jet Fuel Prices As Of August 16, 2018

Aug 16, 2018

Cargo

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UPS 2Q Net Profit Up 7% As E-Commerce Grows

Aug 16, 2018
United Parcel Service’s (UPS) second-quarter 2018 net profit increased 7.3% year-over-year (YOY) to $1.5 billion on 9.6% YOY revenue growth across its three major business segments, with international package and supply chain/freight revenue each showing double-digit YOY gains.

Air Navigation

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Communications Blip Temporarily Halts Traffic At Amsterdam Schiphol

Aug 16, 2018
A breakdown in communications between Dutch air traffic controllers and aircraft led to disruption and delays at Amsterdam Schiphol Airport Aug. 15.

Industry Data

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FedEx Fuel Cost 2017/2018

Aug 16, 2018
View the Federal Express Fuel Cost 2017/2018 chart in PDF format.