Adrian is Auckland bureau chief for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.
Adrian was previously based in Aviation Week’s Washington office for nine years, writing for a range of the group’s publications and covering many aspects of the commercial aviation industry. He has won Australasian and international awards for his aviation writing.
Prior to joining Aviation Week in 2002, Adrian covered aviation industry and policy issues for two other publishing companies in Washington. He has also worked for newspapers in Texas and New Zealand, covering a wide range of topics. Adrian graduated from Auckland University with a degree in history and English in 1992.
A strong showing from Boeing's Commercial Airplanes (BCA) unit could not prevent the company from reporting a $160 million second quarter net loss, due to special charges related to a legal settlement with the U.S. government and an under-performing defense program.
UPS reported weaker growth than analysts had forecast for the second quarter and also dropped its outlook slightly, leading to a significant stock price slide. Second quarter earnings per share were up 10.2% to 97 cents, which Merrill Lynch analyst Ken Hoexter noted was below consensus estimates "due to weak international volume." UPS' third quar- ter profit forecast was also lower than market expectations, and the express carrier warned that its full-year profit growth will likely be at the low end of its 11%-16% target.
