Southwest Airlines has pulled its Boeing 737 MAXs through the end of the year and made several tactical changes—including route cuts and major fleet-plan modifications—to help compensate for the model’s prolonged grounding, the carrier said July 25 when announcing its second-quarter earnings.
Ultra-LCC Spirit Airlines reported second-quarter net income of $114.5 million, a nearly tenfold increase over an $11.3 million net profit in the year-ago period, driven by strong demand and ancillary revenue growth.
Despite the Boeing 737 MAX headaches and operational hiccups that American Airlines management said was triggered by both weather and a higher-than-normal number of out-of-service aircraft beyond the MAXs, the Fort Worth-based carrier posted solid 2019 second-quarter numbers.
Wizz Air made a strong start to its financial year, with a combination of firmer fares and the growing number of new-generation aircraft in its fleet, allowing the Central and Eastern European LCC to turn around its financial figures.
The Airports Authority of India (AAI) has signed a contract to use the Aireon space-based surveillance system to track aircraft in the oceanic airspace regions off Mumbai, Chennai and Kolkata, Aireon announced July 25.
Avolon posted a 26% drop in second-quarter profit to $185 million, but achieved an investment grade corporate credit rating earlier than planned, according to the Irish aircraft lessor.
Latvian carrier airBaltic has placed €200 million ($223 million) in bonds, which will be listed on the Euronext Dublin stock exchange, generating funds for the airline’s general liquidity and fleet expansion.
German leisure airline TUIfly will keep adjusting its fleet schedule as the global grounding of the Boeing 737 MAX continues, TUIfly CEO Oliver Lackmann told ATW in an exclusive interview.
The FAA will reduce aircraft separations in US oceanic airspace by 2022 based on more frequent aircraft position reporting instead of “space-based” automatic dependent surveillance-broadcast (ADS-B) signaling, the US Government Accountability Office (GAO) has reported.
Amsterdam Schiphol warned of ongoing flight disruption on July 25, a day after a fuel-supply fault prevented aircraft from being refuelled, triggering over 400 flight cancelations.
Boeing will accelerate assembly of 777 freighters in 2020 to offset the impact of a slowdown on the 777X after acknowledging longer-than-expected delays to the first flight of the 777-9.
As Boeing weighs its options for managing the 737 MAX supply chain until the grounded model is back in service, the US manufacturer may consider pausing production completely if circumstances continue to delay the narrowbody’s return, Boeing executives said July 24.
The US Senate voted along party lines on July 24 to confirm Steve Dickson as FAA administrator, providing the agency with a permanent administrator for the first time since January 2018.
Managing its environmental footprint is the air transport industry’s “number one challenge” in a world where people’s mindsets and expectations are changing fast, the head of Europe’s transport ministry told a Washington DC audience.
After years of consecutive double-digit growth, Vietnam’s aviation sector is seeing a slowdown in passenger traffic for the first half of 2019, compared to the year-ago period.
Ryanair pilots in Ireland are deciding whether to go on strike over pay, after the Irish Air Line Pilots’ Association (IALPA), a branch of the Forsa trade union, launched a strike ballot.
