Newfound airline focus on investor return is good news for maintenance, repair and overhaul (MRO) suppliers, but the industry needs more support hubs in fast-growing air traffic emerging markets such as Asia.
American has asked the U.S. Transportation Department (DOT) for an extension to begin operating its Los Angeles-Haneda flights, using slots it was awarded by the agency when Delta forfeited them earlier this year.
The carrier achieved a net profit of ¥103.3 billion ($856.9 million) for the six months through Sept. 30, an increase of almost 30% from the prior year.
50 Years Ago Nov. 2, 1965 — Oscar Bakke, director of FAA’s Eastern Region, said that by 1975, New York would need a fourth airport, although a committee of 10 airlines said a new airport would not be needed before 1980 25 Years Ago
To list an event, send information in calendar format to Donna Thomas at [email protected]. (Bold type indicates new calendar listing.) Nov. 3-5—SpeedNews AerospaceDefenseChain Conference, Omni Scottsdale Resort & Spa at Montelucia, Scottsdale, Arizona. For more information go to http://speednews.com/all/conference
For a complete list of Aviation Week’s upcoming events, and to register, visit www.awin.aviationweek.com/events Nov. 3-5—AerospaceDefenseChain, Scootsdale, Arizona. Nov. 3-5—MRO Asia, SingEx Exhibition and Convention Center, Singapore. Jan. 21-22, 2016—MRO Latin America, Lima, Peru. Feb. 3-4, 2016—MRO Middle East, Dubai World Trade Centre, Dubai, UAE.
The airline also strongly rejected claims by Delta that the U.S. airline was forced to drop the service because of competition with government-subsidized airlines from the Gulf, saying Delta’s statement was “disingenuous.”
The robust results could make it more challenging for management to convince employees to make further savings, CFO Pierre-Francois Riolacci reckoned during an Oct. 29 call with analysts.
Virgin America continues to outpace most domestic rivals on unit revenue, but executives said on Oct. 29 that the carrier is observing weakness in four different areas: most markets from Dallas Love Field; West Coast routes to Chicago; transcontinental routes; and all flights between Los Angeles and South Florida.
