All articles by Pilar Wolfsteller – Page 86
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American and Qantas implement joint venture
American Airlines and Qantas have implemented their joint venture, designed to streamline transpacific travel and open the opportunity for new routes between North America and Oceania.
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Embraer delivers 44 jets in third quarter
Brazilian planemaker Embraer says it delivered 44 aircraft in the third quarter of 2019, including its first new flagship E195-E2, to launch customer Azul, bringing total deliveries in 2019 to 117 aircraft.
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Gol Q3 results up despite Max grounding, unscheduled maintenance
Brazil’s low-cost carrier Gol reported a rise in third quarter revenue on increasing passenger demand and “dynamic revenue management” - flexible pricing which allows the company to constantly optimise returns - despite taking a hit for unscheduled maintenance as well as the grounding of its seven Boeing 737 Max aircraft.
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Aviation in Brazil hampered by litigation, taxes, regulation
A litigious culture, high taxes and regulatory issues are the main obstructions to aviation growth in Brazil, South America’s most populous country, and one that is generally considered still severely underserved in terms of air travel.
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Aviation industry success rests on diversity: executives
The aviation industry’s competitiveness in the coming decades increasingly rests on a diverse and well-educated workforce, which includes more representation from groups that are currently largely overlooked, a panel of executives tells participants of the annual ALTA Airline Leaders Forum in Brasilia.
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Chile is most competitive in Latin American aviation: study
Chile took the top spot in a new aviation competitiveness index published by Latin American industry association ALTA and technology solutions company Amadeus.
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Alaska Airlines cancels all Santa Rosa flights due to wildfire
Alaska Airlines cancelled all of its scheduled service to the Santa Rosa, California airport, north of San Francisco, due to a massive wildfire nearby which has burned tens of thousands of hectares and forced 180,000 residents to flee their homes.
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Avianca to codeshare with Gol as it overhauls business
Avianca has disclosed that it will begin a codesharing agreement with Brazil's domestic market leader Gol, further expanding the Colombian flag carrier's network in South America's largest aviation market as it moves forward from a challenging year.
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Embraer’s growth tied to health of Latin American economies
Brazilian planemaker Embraer sees its future success in Latin America closely tied to the region’s economic prosperity and political stability as its current customers, both in its home country as well as amongst its Latin American neighbors, mull their next metal move.
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Social unrest in South America 'will not disrupt aviation'
Aviation industry leaders at the ALTA Airline Leaders Forum in Brasilia warn that long-term political instability could have an impact on the progress of the sector in one of the world’s fastest-growing regions.
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Brazil upbeat about the potential of domestic low-cost carriers
Brazilian authorities are optimistic about low-cost carriers’ (LCC) prospects in South America’s most populous country as regulatory changes and lower taxes have an impact on air travel in what is currently still one of the most underserved nations in terms of aviation connectivity.
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Copa chief says three-way JV behind schedule
The paperwork for anti-trust immunity for a joint venture between United Airlines, Panama's Copa Airlines and Colombia's Avianca will likely not be filed with regulators until next year, thus pushing back a potential start for the project to 2021 at the earliest, Copa's chief executive Pedro Heilbron said at the ...
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Southwest takes $210m Max hit in Q3, expects another knock in Q4
Low-cost carrier Southwest Airlines says it lost $210 million in revenue during the third quarter as a result of the Boeing 737 Max grounding since March, and expects the loss to be higher in the fourth quarter due to the reshuffling of aircraft and schedule for traditional holiday season-related travel.
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American expects 737 Max grounding cost to rise to $540m
American Airlines expects its total cost for the grounding of the Boeing 737 Max to be about $540 million in pre-tax earnings in 2019, up from a previous estimate of $400 million.
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Boeing profit plummets as 737 Max crisis deepens
Boeing’s profit in the third quarter fell by more than half as the company continues to suffer from fallout following the global 737 Max grounding.
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Hawaiian Q3 net income falls 16% as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income fell 16% to $81.5 million in the third quarter of 2019 compared to the same period a year ago as increased competition weighed on airline’s results.
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Boeing’s Kevin McAllister resigns amid growing 737 Max crisis
Kevin McAllister, Boeing’s commercial aircraft chief since 2016, has become the first management casualty of the ongoing 737 Max drama which has grounded all of the next-generation aircraft for the past eight months after two accidents killed 346 people.
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Collins Aerospace Q3 revenue, profit rise on synergies
Revenue at Collins Aerospace jumped 64% in the third quarter, primarily due to acquisitions, prompting parent company United Technologies (UTC) to once again raise its 2019 full-year financial estimates for the business unit ahead of a planned corporate merger with Raytheon.
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P&W Q3 profit rises 15% on aftermarket sales
Pratt & Whitney's third-quarter operating profit rose 15% year-on-year to $471 million on growth in its military and commercial aftermarket as well as due to cost reduction for its geared turbofan (GTF) engine programme and favorable commercial OEM mix.
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Textron upbeat after Longitude certification
Textron Aviation officials are upbeat ahead of this year’s NBAA, as the company’s new super midsize jet, the Cessna Citation Longitude, makes its official post-certification debut at an international airshow.