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Aviation Daily, May 2, 2019 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Regulatory/Legislative

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FAA Bans U.S. Flights In Low Venezuelan Airspace

May 01, 2019
FAA has banned all commercial and general aviation flight operations by U.S. pilots and carriers in Venezuelan airspace, citing “increasing political instability and tensions” and the “associated inadvertent risk to flight operations” stemming from the deteriorating political situation in the country.
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Aviation Repair Stations Defend Boeing On FAA Committee

Apr 30, 2019
A trade group representing the global aviation maintenance and manufacturing sector is defending Boeing’s inclusion on FAA’s Aviation Rulemaking Advisory Committee (ARAC) amid ongoing investigations into the Boeing 737 MAX.

Airframers

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Boeing Secures Up To $5B Around MAX Issues

May 01, 2019
As Wall Street expects Boeing to take a multi-billion-dollar hit due to ongoing 737 MAX issues, the Chicago-based company at the end of April secured up to $5 billion in new debt and credit to cushion its balance sheet.
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Airbus ACJ319neo Completes 16-hr. Endurance Test Flight

Apr 29, 2019
The first Airbus ACJ319neo, a corporate jet based on the Airbus A320neo family of aircraft, completed a 16 hr. 10 min. flight test flight Apr. 26.

Suppliers

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GE Aviation Becomes Industrial Giant’s Leading Segment

Apr 30, 2019
GE Aviation remained a bright spot at General Electric during the first quarter of 2019, becoming the largest and leading division at the embattled industrial giant.
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Spirit Aero Suspends Guidance, Share Buybacks Over MAX

May 01, 2019
Leading aerostructures provider Spirit AeroSystems has suspended its financial guidance for 2019 and shelved stock buybacks, executives announced May 1, as the Wichita manufacturer tries to get a handle on costs and challenges from the Boeing 737 MAX production slowdown and groundings.

Airports

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UK High Court Rejects Challenges To Heathrow Third-Runway

May 01, 2019
The UK High Court has dismissed five legal challenges against the government’s plans to add a third runway at London Heathrow Airport.

Opinion

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Opinion: In MAX Financial Costs, Big Numbers And Big Shrugs

May 01, 2019
The Boeing 737 MAX is likely to be back up flying paying passengers long before the true cost of recent fatal accidents becomes clear on Boeing’s bottom line.

Airlines

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SAS, Pilots’ Unions Talks Resume As Strike Continues

May 01, 2019
Scandinavian Airlines (SAS) and its pilots’ unions have restarted negotiations in a bid to resolve a strike that has led to the cancellation of 3,586 flights since Apr. 26, disrupting 347,000 passengers.

Airline Snapshot

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Airline Snapshot: JetBlue Airways

May 03, 2019
View the Airline Snapshot: JetBlue Airways chart in PDF format.