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Magazine Issue

Aviation Daily, February 27, 2018

VOL. 411 NO. 39 February 27, 2018

Airlines

article

Air Lease Corp. Execs: Long-Haul LCCs Here To Stay

Feb 26, 2018
Long-haul LCC operators may struggle to turn regular profits amid seasonal variances and competitive pressures, but so long as these airlines have strategies that help balance marketplace realities, the business model has staying power, Air Lease Corp. (ALC) executives contend.
article

GTF Issues Cloud Hawaiian’s A321neo Delivery Schedule

Feb 26, 2018
Hawaiian Airlines acknowledged it is experiencing a further operational and planning disruption because of Airbus A321neo delivery delays related to issues with the Pratt & Whitney PW1100G geared turbofan (GTF) engine. The carrier has had to remove two seasonal flights from its summer schedule and defer the start of a new route because of the A321neo delays. Hawaiian currently operates two A321neos, but was relying on further deliveries to start the affected flights.
article

Emirates Ramping U.S. Service Back Up

Feb 26, 2018
Emirates Airline plans to resume A380 service between Dubai and Houston Intercontinental beginning June 1, after the increase in oil prices improved the route’s viability.
article

InterCaribbean Fleet Expansion Includes 4 ERJ145s

Feb 26, 2018
InterCaribbean Airways continues to expand its network and will soon boost capacity with the addition of its first two Embraer ERJ145 regional jets, with two more to follow, its top executive told Aviation Daily.
article

Restructuring Assigns Chinese Carrier Stakes To Hainan Airlines

Feb 26, 2018
Aiming to increase its capacity for raising finance, cash-strapped HNA Group will make Hainan Airlines the owner of all of its stakes in mainland Chinese air carriers.

Suppliers

CJ-1000
article

AECC Aiming To Certify C919 Engine In 2027

Feb 26, 2018
Aero Engine Corp. of China (AECC) aims at achieving certification for its engine for the COMAC C919 narrowbody airliner in 2027, said an industry source close to the company.
article

UTC Contemplates Standalone Aerospace Business

Feb 26, 2018
The creation of a standalone aerospace business made up of United Technologies Corp. (UTC) divisions is under consideration as UTC executives contemplate their next move after the expected regulatory approval of its acquisition of Rockwell Collins this summer.

Lessors

article

Air Lease Corp. Boosted By U.S. Tax Bill; Assets Reach $15 Billion

Feb 26, 2018
Air Lease Corp. (ALC) received a $354 million benefit from the December 2017 U.S. tax reform legislation, pushing the Los Angeles-based commercial aircraft lessor to a $756.2 million net profit for 2017, more than doubling ALC’s $375 million net income in 2016.
article

Lessor Avolon Doubles Revenue In 2017

Feb 26, 2018
Dublin-based Avolon—which in 2017 vaulted into the top three global aircraft lessors with its purchase and integration of CIT Group’s aircraft leasing business—reported a $550 million profit for the year, a 59.4% rise over its $345 million profit after tax in 2016.
article

Chinese Lessor Orders C919s And ARJ21s

Feb 26, 2018
China Huarong Financial Leasing has signed an order agreement for 30 COMAC C919s and 20 ARJ21s, COMAC said.

Airports

article

Dubai Airport Runway Work To Temporarily Reduce Capacity

Feb 26, 2018
Dubai Airports has confirmed plans to close Dubai International Airport’s (DXB) southern runway (12R-30L) for a 45-day period in 2019.

Cargo

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Atlas Air Worldwide Operating In ‘Strong Airfreight Environment’

Feb 22, 2018
Reflecting a 20% year-over-year (YOY) increase in volumes and a 17% rise in full-year revenue, Atlas Air Worldwide Holdings posted a $223.5 million net profit for 2017—a fivefold increase over the Purchase, New York-based airfreight carrier’s $41.5 million net income for 2016.

Airport Profile

article

Airport Profile — Orlando International (MCO)

Feb 28, 2018
View the Airport Profile — Orlando International (MCO) chart in PDF format.