From the February 2016 issue of ATW

Pratt & Whitney’s 2015 operating profit was more than cut in half compared to 2014 as the company took a significant one-time charge and reported a slight revenue decrease, but parent United Technologies Corp. (UTC) reiterated its confidence in Pratt’s geared turbofan (GTF) engine.

Current U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the latest figures for the current week, with comparisons to two weeks prior, one month prior, three months prior, six months prior and the current week during each year of the past decade. Figures are released every two weeks by the US Energy Information Administration.

Airbus is assembling the main airframe sections of China Airline’s first A350 XWB at the Final Assembly Line (FAL) in Toulouse, France, as a 2016 third-quarter delivery date approaches.

Boeing will further increase the 737 production rate to 57 aircraft per month in 2019, citing robust demand for narrowbodies, but the manufacturer is also cutting 777 production to seven aircraft per month in 2017.

Boeing reported net income of $5.18 billion for the full-year 2015, down 5% from a net profit of $5.45 billion in 2014, as significant one-time charges related to two programs—the KC-46 tanker and the 747-8—hit the bottom line.

Aircraft & Manufacturer News-Jan. 26, 2016

Ukraine International Airlines (UIA) will replace its Boeing 737 Classic fleet with newer types through the end of 2018.