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Magazine Issue

Aviation Daily, July 19, 2019

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Airframers

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Boeing To Take $4.9B Charge To Cover Some MAX-Related Costs

Jul 18, 2019
Boeing’s Q2 earnings will include a $4.9 billion after-tax charge to cover some actual and estimated future expenses linked to the 737 MAX grounding, while a reduced production rate is driving up 737 costs and lowering margins.
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Boeing To Take $4.9B Q2 Charge Over MAX

Jul 18, 2019
Boeing’s Q2 earnings will include a $4.9 billion after-tax charge to cover some actual and estimated future expenses linked to the 737 MAX grounding, while a reduced production rate is driving up 737 costs and lowering margins.

Airlines

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Ryanair COO Peter Bellew To Join EasyJet

Jul 18, 2019
Ryanair COO Peter Bellew, who recently announced his resignation from the position at the Irish LCC, will join easyJet as its COO, a development that was revealed as part of the UK LCC’s fiscal third-quarter trading update.
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Southwest Pulls Its Boeing 737 MAXs Through Nov. 2

Jul 18, 2019
Southwest Airlines will keep the Boeing 737 MAX off its flight schedule through Nov 2., joining fellow U.S.-based MAX operators American Airlines and United Airlines in making another adjustment in the wake of uncertainty over when the aircraft will return to revenue service.
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China’s Loong Air Opens Xi’an Branch In Shanxi Province Boost

Jul 17, 2019
China’s Zhejiang Loong Airlines (Loong Air) officially opened its northwest branch in Xi’an, Shanxi province July 17.
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Philippine Airlines Names LT Group CEO Lucio Tan Interim President

Jul 18, 2019
Philippine Airlines (PAL) has made a significant change in its leadership structure as it seeks a new president to run the airline.

Fuel Watch

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Global Jet Fuel Prices As Of July 18, 2019

Jul 18, 2019
View the Global Jet Fuel Prices As Of July 18, 2019 chart in PDF format.

Regulatory/Legislative

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New Push To Remove Cap On U.S. Airport Passenger Facility Fees

Jul 18, 2019
Lawmakers in the U.S. House of Representatives have introduced bipartisan legislation that would eliminate the federal cap on the passenger facility charge (PFC) that U.S. airports use to finance infrastructure projects.

Technology

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IAG Carriers To Launch European Aviation Network Connectivity

Jul 18, 2019
Inmarsat and Deutsche Telekom on July 18 formally announced the “soft launch” of the European Aviation Network (EAN), an inflight broadband connectivity system combining satellite and air-to-ground cellular communications.

Forecasts/Industry Data

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All Majors Fuel Cost 2018/2019

Jul 18, 2019
View the All Majors Fuel Cost 2018/2019 chart in PDF format.