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Aviation Daily, June 6, 2023 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Airlines

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IATA Sees Improved Airline Profit This Year But ‘Coffee Cup’ Margins

Jun 05, 2023
The world’s airlines are forecast to post a $9.8 billion net profit for 2023, more than double what had been anticipated just six months earlier.
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Europe’s Airlines Want Help To Lessen Impact Of NATO Exercise

Jun 05, 2023
European airlines want airports to extend their operating hours to lessen potential disruptions caused by an upcoming NATO aviation exercise.
Air Canada A220 tail
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Air Canada Pilots Opt For Early Contract Talks

May 30, 2023
Invoking a clause in their current collective bargaining agreement, Air Canada’s pilots have decided to open contract negotiations a year early.
Willie Walsh
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IATA Chief Says Schiphol ‘Has No Shame’; Calls Out Industry Stakeholders

Jun 05, 2023
IATA Director General Willie Walsh made clear the frustration of airlines with industry stakeholders that are failing to deliver or hiking fees.
United Airlines CFO Gerald Laderman
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United Airlines CFO Gerald Laderman To Retire

May 31, 2023
United Airlines EVP and CFO Gerald ‘Gerry’ Laderman has announced plans to retire from the company in 2024.

The Daily Memo

airBaltic Airbus A220-300
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Daily Memo: Airline Frustration Becomes Pratt & Whitney Risk

Jun 05, 2023
Willie Walsh, Director General of the International Air Transport Association (IATA), is known for his strongly worded statements.

Sustainability

Marie Owens Thomsen and Hemant Mistry
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IATA Maps Out Detailed ‘Bottom-Up’ Strategy For Aviation To Achieve Net Zero

Jun 05, 2023
IATA revealed roadmaps of how aviation can reach net zero by 2050 at its AGM in Istanbul, Turkey.

Suppliers

Korean Air A220-300 landing gear
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Safran In Talks To Buy Raytheon’s Flight Controls, Actuation Business

Jun 05, 2023
Safran is in talks to acquire parts of Raytheon Technologies’ flight controls and actuation business lines, the French supplier confirmed June 5.

Regulatory/Legislative

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To Restore Chinese International Capacity, Calls For Policy Relaxation

Jun 05, 2023
Visa restrictions, capacity caps and even Russian airspace overflights are stemming the restoration of capacity in and out of China.
British Airways
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U.S. DOT Fines British Airways $1.1M Over Pandemic-Era Refund Problems

Jun 02, 2023
The DOT said June 1 that it is imposing the fine for BA failing to provide timely refunds to passengers for flights to and from the U.S. during the pandemic.

MRO

Drone swarm inspecting aircraft
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Korean Air Makes Progress On Drone Swarm Inspections

May 22, 2023
The airline is seeking regulatory approval for its swarm-based drone inspections, which it has been refining during testing on Boeing 737s.

Airframers

Boeing PSC
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Boeing Propulsion Center Growing OEM, Aftermarket Roles

May 31, 2023
Boeing’s Charleston-area propulsion center prepares to take on role of delivering ready-to-install engine “kits” to the final assembly line (FAL).

Industry Data