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Magazine Issue

Aviation Daily, May 1, 2017

VOL. 408 NO. 21 May 01, 2017

Airlines

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Air Berlin Seeks ‘New Partnerships’ In Turnaround Bid

Apr 28, 2017
FRANKFURT—Air Berlin is on the lookout for “new partnerships and cooperations” as the airline tries to speed up its restructuring process. The airline, 29.2% owned by Etihad Airways, will be seeking these partnerships “in the coming weeks and months,” according to new CEO Thomas Winkelmann. While he did not specify the exact form they could take, partnership in the context of the ongoing Air Berlin crisis almost certainly can be translated into equity investment.
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JAL Predicts Further Decline In Profitability

Apr 28, 2017
Japan Airlines expects another dip in profits for the current fiscal year, although the carrier is also projecting robust capacity and earnings growth in the longer-term.
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ANA Targets Major Profit And Fleet Increases

Apr 28, 2017
All Nippon Airways Holdings has set an ambitious medium-term profit growth target, which will be supported by its fleet-expansion plans.

Regulatory/Legislative

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Canada Fighting Boeing Claim With Friendship

Apr 28, 2017
Boeing formally asked the U.S. Commerce Department to protest what it alleged was “dumping” of Bombardier aircraft in the U.S. market.

This Week in Aviation Daily History

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This Week In Aviation Daily History

May 01, 2017
25 Years Ago Aug. 1, 1991—Eastern Air Lines stopped flying in January, but its lawyers and financial consultants keep on billing. To prevent insolvency, a New York bankruptcy judge refuses payment on $19 million of the nearly $86 million in professional fees run up since Eastern declared bankruptcy in March 1989.

Suppliers

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Hedge Fund Proposes Honeywell Aerospace Spinoff

Apr 28, 2017
Following news that activist hedge fund Third Point is pushing for Honeywell to spin off its aerospace business, a Wall Street analyst said the company could eventually wind up in the hands of another big aerospace firm in a few years.

Technology

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Uber Plans 2020 VTOL Air Taxi Launch In Dallas And Dubai

Apr 25, 2017
Ride-hailing giant Uber planes to launch in-demand electric vertical-takeoff-and-landing air-taxi service in Dallas and Dubai in 2020, and has selected partners for development of the technology and infrastructure.

MRO

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United’s Orlando Base To Begin Boeing 737NG Bridging

Apr 27, 2017
United Airlines plans to introduce optimized maintenance plans for the Boeing 737NG to smooth turnaround times for the fleet.

Industry Data

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Industry Data: All Major Fuel Cost 2015/2016/2017

May 01, 2017
View the Industry Data: All Major Fuel Cost 2015/2016/2017 chart in PDF format.
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SpeedNews Aircraft & Engines Marketplace

May 01, 2017
View the SpeedNews Aircraft & Engines Marketplace chart in PDF format.

Calendar of Events

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Upcoming Events

May 01, 2017
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.) Apr. 25-27—MRO Americas, Orange County Convention Center, Orlando, Florida. For more information go to www.aviationweek.com/events