Aviation Daily

View the Leisure and Business Fares: Week of May 16 chart in PDF format.

LOS ANGELES—United Airlines’ top finance executive called the carrier’s margin gap relative to its peers “the elephant in the room,” and said improving it is a priority for the airline, as it tries to transform itself under new CEO Oscar Munoz.
Air Transport

BOSTON—FedEx has completed its €4.4 billion ($4.9 billion) acquisition of Dutch logistics firm TNT Express, the companies said May 25.
Air Transport

By Jens Flottau
TOKYO—The Asia-Pacific region is becoming the home of a vibrant, diversified and rapidly changing regional aircraft finance industry.
Air Transport

By Maxim Pyadushkin
BRUSSELS—Sukhoi Civil Aircraft Co. (SCAC) and SuperJet International have delivered a Sukhoi Superjet 100 regional aircraft to Irish-based CityJet, the company’s first European customer.
Air Transport

PARIS—Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has confirmed the formation of a new joint venture with Safran to bring compressor-blade repair services on some engine types back to France.
Air Transport

By Adrian Schofield
AUCKLAND—Rapid growth in Chinese markets is playing a significant role in AirAsia X Berhad’s improved financial performance.
Air Transport

By Tony Osborne
LONDON—Aerostructures and component supplier GKN is mulling the future of the maintenance, repair and overhaul businesses it inherited from its takeover of Fokker Technologies.
Air Transport

Oneworld members Japan Airlines, Finnair and British Airways have applied to Japanese regulators to allow ...

View the Airport Profile — Denver International (DEN) chart in PDF format.

BRUSSELS—The European Commission (EC) may be granted four mandates to start talks on comprehensive air-transport agreements at the June 7 meeting of the EU’s Transport, Telecommunications and Energy Council in Luxembourg, Aviation Daily has learned.
Air Transport

American Airlines is in talks with Los Angeles World Airports “regarding plans for significant infrastructure investment,” at Los Angeles International Airport (LAX) that would help the carrier grow its transpacific gateway, it said in a recent filing.
Air Transport

Roughly 3.2 million consumers who now fly American Airlines and LATAM Airlines Group to and from South America will save a combined $201 million annually in “aggregated equivalent fare reductions,” if regulators approve the carriers’ joint business plan, the carriers stated in a May 16 filing with the Transportation Department (DOT).
Air Transport

By Guy Norris
Pratt & Whitney has confirmed that the first engines incorporating hardware modifications to speed up the start time of the PW1100G geared turbofan have shipped to Airbus for installation on the A320neo.
Air Transport

By Guy Norris
The first test flight was several weeks ahead of schedule, paving the way for a Farnborough appearance.
Air Transport

NASA is likely to enter an agreement with China late this summer aimed at collaborating on improvements to the Asian nation’s air traffic control (ATC) system.
Air Transport

25 Years Ago May 23, 1991—Pan American World Airways’ assessment of its chances for survival seems to be dimming. In Pan Am’s most recent financial reports, executives cast doubt on the carrier’s ability to continue operating “through the remainder of 1991, or beyond.”

LOS ANGELES—United Airlines will halt three flights from important oil markets at the end of June, the carrier has told employees.
Air Transport

The Egyptian military has deployed an autonomous submarine to assist a multinational contingent of aircraft and ships in finding the main wreckage of EgyptAir Flight MS 804.
Air Transport

BRUSSELS—Ryanair will not slow down its planned capacity growth, and aims to increase market share across Europe, executives said during the carrier’s recent earnings call. &
Air Transport

Bureau of Transportation Statistics
View the Annual U.S. Scheduled Service Passenger Airlines Financial Reports in PDF format.

To list an event, send information in calendar format to Donna Thomas at [email protected]. For a complete list of Aviation Week Network’s upcoming events, and to register, visit www.aviationweek.com/events (Bold type indicates new calendar listing.) May 24-26—EBACE, European Business Aviation Convention & Exhibition, Palexpo, Geneva, Switzerland, https://ebace.aero/ May 27—Aviation Day Argentina, Hilton Buenos Aires, ​Buenos Aires, www.iata.org/events/Pages/aviation-day-argentina.aspx

By Bradley Perrett
BEIJING—Privately owned Chinese carrier Hongtu Airlines began flying May 21, presenting new competition to China Eastern Airlines.
Air Transport

By Adrian Schofield
AUCKLAND—Malaysia Airlines Berhad (MAB) has agreed to lease two more Airbus A350-900s, and will eventually have six of the aircraft.
Air Transport

By Adrian Schofield
AUCKLAND—Vietnamese LCC Vietjet has ordered 100 Boeing 737 MAX aircraft, adding to the airline’s already extensive Airbus narrowbody aircraft order book.
Air Transport