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Magazine Issue

Aviation Daily, July 28, 2017

VOL. 409 NO. 18 July 28, 2017

Airlines

article

Air France-KLM, Delta, Virgin Plan Transatlantic Joint Venture

Jul 27, 2017
Air France-KLM, Delta Air Lines and Virgin Atlantic are moving to create a transatlantic joint venture (JV) triad that involves Air France-KLM acquiring a 31% stake in Virgin and Delta taking a 10% investment in Air France-KLM.
article

Spirit Takes Financial Hit From Pilot Flight Cancellations

Jul 27, 2017
Spirit Airlines felt the financial impact of pilot-related flight cancellations in the second quarter to the tune of about $45 million, the airline said during its July 27 earnings call.
article

Primera Air Latest To Ready Low-Cost Long-Haul Flights

Jul 26, 2017
The carrier plans to launch flights from London Stansted next April, and from Birmingham Airport in the England and Paris Charles de Gaulle in May .
article

Alaska Sees Virgin Merger Gains, Pilot Cost Increase

Jul 27, 2017
Alaska Air Group expects to boost its 2018 profit by accelerating one of the key milestones for integrating with Virgin America.
article

Singapore Group Resumes Profitability In June Quarter

Jul 27, 2017
Singapore Airlines (SIA) reported a healthy profit for the three months through June 30, a welcome return to the black after posting a rare loss in the March quarter.

FuelWatch

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Global Jet Fuel Prices As of July 27, 2017

Jul 28, 2017
View the Global Jet Fuel Prices (midpoint)* As of July 27, 2017, compared with previous week and previous year chart in PDF format.

Airframers/Suppliers

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Airbus Cuts A380 Production Rate Further As Profit Falls

Jul 27, 2017
Airbus said it would cut A380 production further, to eight aircraft per year in 2019 because of lackluster orders for the mega-transport as the company announced a decline in half-year profit.

Suppliers

article

Triumph Reports Big Miss Versus Wall Street Expectations

Jul 27, 2017
Triumph Group’s turnaround effort received a proverbial punch to the gut July 26 after the major aerospace supplier reported financial earnings and forecasts so far off Wall Street’s expectations that the company’s stock price tumbled 18%.

Industry Data

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Southwest Airlines Fuel Cost 2016-2017

Jul 28, 2017
View the Southwest Airlines Fuel Cost 2016-2017 chart in PDF format.