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Magazine Issue

Aviation Daily, April 18, 2019

VOL. 416 NO. 14 April 18, 2019
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Airlines

article

Jet Airways Cuts All Flights, Awaits Investor Bids

Apr 17, 2019
India’s Jet Airways has suspended all of its remaining flight operations, after failing in its efforts to gain emergency funding.
article

United Airlines Doubles Q1 Profit Amid Operational Challenges

Apr 17, 2019
United Airlines doubled its profit in the first quarter of 2019, reporting net income of $292 million, up from $145 million in the year-ago quarter, capping out the best first quarter for the Chicago-based carrier in three years.
article

Virgin Atlantic Sees Potential To Become Second UK Flag Carrier

Apr 17, 2019
UK long-haul operator Virgin Atlantic is planning to use its acquisition of UK regional Flybe and closer ties with new shareholder Air France-KLM to become a more comprehensive competitor to UK incumbent British Airways (BA).
article

Kumho Aims To Sell Majority Share In Asiana

Apr 15, 2019
The largest shareholder of Asiana Airlines, Kumho Industrial, has decided to sell its entire stake in the airline as it seeks to improve its liquidity and appease creditors.
article

Atlas, FedEx, JetBlue CEOs Counter AA-DL-UAL Qatar Claims

Apr 17, 2019
FedEx chairman and CEO Fred Smith has joined with the CEOs of Atlas Air Worldwide and JetBlue to strongly rebuke an open letter to U.S. President Donald Trump from the CEOs of American Airlines, Delta Air Lines and United Airlines claiming that Qatar Airways’ stake in Air Italy breaches the U.S.-Qatar Open Skies agreement.

Regulatory/Legislative

article

EU Opens Public Consultation On U.S. Counter-Sanctions

Apr 17, 2019
Continuing a long-running dispute over Airbus and Boeing subsidies involving their respective governmental bodies, the European Commission (EC) on Apr. 17 launched a public consultation on a preliminary list of U.S. products against which the European Union (EU) may impose countermeasure sanctions.

Airframers

article

Comac Expects First Craic CR929 Orders In Late 2019

Apr 16, 2019
Craic is likely to book its first orders for the CR929 widebody airliner at the end of this year, according to the Chinese partner in the Sino-Russian consortium, Comac.

Departures

article

Open Skies Under Attack Again

Apr 17, 2019
For over four years American Airlines, Delta Air Lines and United Airlines—the Big Three—have waged a multi-million dollar lobbying campaign to frustrate competition in the US-EU market where—together with foreign alliance and JV partners—they control nearly 90% of the seats.