Japan Airlines (JAL) achieved healthy growth in net profits for its fiscal year through Mar. 31, although it is projected to decline in the current fiscal year.
On April 19 an eight-rotor custom drone transported a kidney from St. Agnes Hospital in Baltimore to the University of Maryland Medical Center, 2.7 mi. away.
Singapore LCC Scoot has announced that it will be suspending its services to Kalibo (Philippines), Lucknow (India), Male (Maldives) and Quanzhou (China) due to ‘weak demand’ and shortage of aircraft resources.
Three flights were diverted from London Gatwick Airport Apr. 28 following unconfirmed reports of unmanned aerial vehicle (UAV) activity outside the airport perimeter.
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The Boeing 737 MAX grounding will cost American Airlines about $350 million in full-year income, assuming its current plan to have the aircraft back in revenue service by Aug. 19 holds, the carrier reports.
Winter storm-related disruptions and a drop in close-in bookings held Alaska Air Group’s net income flat at $4 million in the 2019 first quarter, the same as the year-ago period.
China Eastern Airlines and Air China are likely to add flights between Shanghai and London, following a notice of intended decisions in their favor by the Civil Aviation Administration of China (CAAC).
Florida-based LCC Spirit Airlines reported a 2019 first-quarter net income of $56.1 million, reversed from a net loss of $44.9 million in the year-ago quarter.
Garuda Indonesia reported a net profit of $19.7 million for Q1 2019; concurrently, the Indonesian stock exchange (IDX) said it would summon the management of the Indonesian flag carrier after two major stakeholders questioned the 2018 financial report and refused to sign the final version of the report.
Problems with an unidentified supplier forced Moog, a provider of aerospace and defense fluid controls and systems, to report a $9 million charge in its fiscal second quarter of 2019.
French aircraft engine maker Safran said it is ready to adapt to the Boeing 737 MAX situation as it reported “very strong” 12.6% organic revenue growth in the first quarter of 2019.
CMC Electronics has received supplemental type certification from Transport Canada to install a satellite-based approach sensor unit on Boeing 737NG airliners.
Japan’s All Nippon Airways (ANA) recorded a ¥110.7 billion ($998.3 million) profit for fiscal 2018, down 23% year-on-year (YOY); ANA earned ¥1.97 trillion in fiscal 2017.
General Dynamics chairman and CTO Phebe Novakovic indicated she did not believe ongoing issues surrounding the Boeing 737 MAX are impacting FAA’s certification of the Gulfstream 600 business jet.
Light deliveries of business jets and further delays on major rail projects forced Bombardier on Apr. 25 to warn investors of softer first-quarter financial results and to cut its 2019 outlook.
Groupe ADP increased its 2019 traffic forecast for the Paris airports it operates as overall group traffic edged up 0.4% in the first quarter to 58 million passengers, held back by a decrease in domestic traffic at the Turkish airports run by TAV Airports.
A trio of unusual events took a toll on Southwest Airlines’ first-quarter (Q1) financial performance and is driving unit costs up, but long-term fundamentals remain strong, as does the airline’s confidence in the beleaguered Boeing 737 MAX.
