All articles by Tom Risen – Page 2
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News
House seeks Boeing interviews on 737 Max
Top Democrats on the House Committee on Transportation and Infrastructure and its aviation subcommittee want Boeing to provide interviews with its employees as they plan another hearing to investigate the design, development and certification of Boeing 737 Max aircraft.
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Labour board favors Boeing in IAM union dispute
A US National Labour Relations Board (NLRB) panel says 178 technicians and inspectors at Boeing's 787 factory in South Carolina cannot organise as a union, which could deal a blow to workers nationwide seeking to organize "micro units" representing small parts of a company.
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Atlas CEO seeks trade certainty from Washington
Policymakers must take a long-term view on trade with nations including China to reduce uncertainty among air cargo carriers and customers that rely on their decisions to plan investments, Atlas Air Worldwide Holdings chief executive William Flynn says in a speech on 10 September in Washington, D.C.
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Panel extends inquiry into FAA's 737 Max certification
An international panel of safety technicians will take additional time in its review of how the US Federal Aviation Administration certified Boeing 737 Max aircraft that have been grounded since March, including how the agency allowed the airframer to oversee parts of its own certification.
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Rostec unit sues Boeing alleging 737 Max fraud
Russian aircraft lessor Avia Capital Services is suing Boeing for at least $115 million, alleging that the airframer deceptively sold 737 Max aircraft on the premise that the aircraft were properly certificated, and that pilots would not need months of additional training.
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Air Canada to begin year-round Toulouse flights
Air Canada will begin five-times-weekly flights between Montreal and Toulouse on 4 June 2020.
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Atlas, Southern cargo pilots lose labor arbitration
Pilots of Southern Air and its sister carrier Atlas Air must combine their seniority lists as part of their labor negotiations following a decision by a third-party arbitrator, the latest development in a three-and-a-half-year dispute between pilots and management.
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Transat shareholders approve Air Canada buyout
Shareholders of Transat AT during a meeting on 23 August approved a proposal for Air Canada to acquire all its issued and outstanding shares, a deal that would give Canad'a largest carrier opportunity to expand its global network.
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US airlines forecast Labor Day travel increase
US airlines expect the ongoing grounding of Boeing 737 Max aircraft will eliminate 326 average daily scheduled departures during the third quarter of 2019, but traffic during the Labor Day holiday is forecast to increase by 4% compared with the same period in 2018.
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Avianca Brasil to leave Star Alliance
Sao Paulo-based Ocean Air Linhas Aereas, which operated as Avianca Brasil, will leave the Star Alliance network of airlines effective 1 September, following several months of bankruptcy proceedings and the withdrawal of its air operations certificate by regulators in Brazil.
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Competition bureau approves WestJet buyout
The Canadian Competition Bureau has granted approval without conditions for Onex Partners to acquire WestJet for around C$5 billion ($3.7 billion), removing another regulatory obstacle and bringing the Toronto-based private equity firm closer to completing the buyout.
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American Airlines to begin Africa service in 2020
American Airlines will begin a nonstop seasonal service to Moroccan city Casablanca on 4 June 2020, marking the US major's first entry into the African market.
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AnalysisANALYSIS: Trade tensions slow air freight demand
Demand for air cargo delivery in June declined for its eighth consecutive month year-on-year, according to the latest report by International Air Transport Association, which cites trade tensions between the USA and China as a major factor for the ongoing contraction.
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ATSG adds four leases to UPS amid Q2 loss
Air Transport Services Group (ATSG) reports a loss of $26 million during the second quarter while the announcement of new aircraft leases to the United Parcel Service (UPS) underscore its assurances to investors that its core business remains on a path to growth.
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DOT tentatively approves Delta-Air France-KLM-Virgin deal
The US Department of Transportation has tentatively granted antitrust immunity to the joint venture proposed by Delta Air Lines, Air France, KLM and Virgin Atlantic Airways.
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Atlas earnings dampened by trade headwinds in second quarter
Atlas Air Worldwide Holdings swung to profit during the second quarter despite drags on earnings including trade tensions, higher heavy maintenance and lower cargo and passenger flight demand from its military customers.
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SkyWest profits in Q2 following ExpressJet sale
SkyWest Inc., the parent company of SkyWest Airlines and SkyWest Leasing, turned an $88 million net profit during the second quarter ending 30 June as the company prepares for its next moves after selling ExpressJet.
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Cargojet profits in Q2 amid flat air cargo sector
Cargojet Airways reported C$4.3 million ($3.3 million) in net profit during the second quarter ending 30 June despite a broader malaise in air cargo markets.
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NewsHawaiian forecasts revenue dip as Q2 profit slides
Hawaiian Airlines forecast declines for its third quarter while reporting $57 million in net profit for the second quarter, lower than $79 million during that quarter in 2018.
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Air Canada extends 737 Max cancellations amid Q2 profit
Calgary-based carrier Air Canada is extending the grounding of its 24 Boeing 737 Max aircraft until January.