NewsUS rejects Boeing price-dumping case against BombardierBoeing’s price-dumping case against Bombardier over the sale of CSeries aircraft to a US airline has been overturned by the US International Trade Commission (ITC), ending the threat of tariffs of almost 300% on CSeries imports into the US.
LinkAlaska posts $1 billion 2017 profit, integration set for early springAlaska Air Group reported a $1 billion net profit—in GAAP terms—for full-year 2017, incorporating a one-time $274 million tax benefit associated with the US tax reform legislation enacted in late December 2017.
LinkMitsubishi Aircraft loses MRJ order after Eastern acquisition The acquisition of US carrier Eastern Air Lines by charter operator Swift Air in 2017 has resulted in Mitsubishi Aircraft losing an order for 20 MRJ regional jets. The order had to be canceled because Eastern returned its air operator’s certificate to the FAA, Mitsubishi Aircraft said.
LinkAmerican’s fleet renewal slows substantially this yearFollowing a massive injection of new aircraft in the four years following its December 2013 emergence from Chapter 11 and merger with US Airways, American Airlines is slowing the pace of its fleet renewal and dialing back spending on aircraft. From 2014-2017, Dallas/Fort Worth-based American added an average of 97 aircraft per year for a total of about 400 new mainline aircraft. In 2018, it will take delivery of just 22 mainline aircraft, allowing it to reduce capital expenditures on new aircraft to $1.8 billion in 2018 from $4.1 billion in 2017.
LinkCFM reports record orders in 2017; targets 2018 delivery catch-upWith almost 14,300 LEAP engines on order and CFM56s continuing to be produced in larger numbers than forecast, CFM International said it aims to close a 4-5-week gap between planned and actual engine deliveries to Airbus and Boeing by the end of 2018. The General Electric-Safran joint venture produced more than 1,900 engines in 2017, beating the previous record of 1,770 set in 2016, but has fought to keep deliveries of LEAP-1A/1Bs on schedule as production ramps up to support increasing A320neo and 737 MAX assembly rates. Of the 1,900 total CFM engines produced in 2017 1,441 were CFM56s and 459 were LEAP-1A/1Bs.
LinkHong Kong Express appoints new CEOHong Kong Express (HKE) has appointed a new CEO as the carrier looks to address regulators’ concerns about its management processes. The LCC, which is part of HNA Group, named Luo Cheng as CEO effective Jan.26. Luo has previously been co-chairman and chief executive of Africa World Airlines, and chairman of Suparna Airlines Co. He has 20 years of aviation experience in flight operations, corporate governance and sales management, HKE said.
LinkAirbus begins A350-1000 Middle East, Asia demonstration tourThe A350-1000 has begun a three-week demonstration tour to the Middle-East and Asia-Pacific region, following the completion of a flight test campaign that lasted less than one year and culminated in joint EASA and FAA type certification in November 2017. The A350-1000 tour comes ahead of the first customer delivery to Qatar Airways in the coming weeks.
LinkSoutheast Asia's legacy carriers struggleThe majority of Southeast Asia's legacy carriers had a lacklustre 2017 as fierce competition and aggressive capacity expansion put pressure on yields, and 2018 looks likely to be equally challenging should fuel price continue climbing. Of the 10 legacy carriers in Southeast Asia, only half make their finances public because of listing requirements. Of these, three made losses in the first nine months of 2017, and are expected to stay in the red for the full year.
LinkBulgaria Air selects FL Technics for base checksBulgaria Air has awarded FL Technics a three-year deal to undertake base checks. The Lithuanian maintenance provider, for which Bulgaria Air is a new customer, says work has begun on an initial Airbus A319.
LinkAG600 completes second test flightAVIC's AG600 amphibian has conducted its second sortie, less than a month after its first flight on 26 December 2017. According to China Daily, the four-engined aircraft conducted a 73-minute flight on Wednesday 24 January, "successfully finishing all tests" planned for the mission.
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Southwest could launch service to Hawaii later this yearSouthwest Airlines CEO Gary Kelly said the carrier could offer flights to Hawaii by late this year or early 2019, depending on Federal Aviation Administration approval of the airline's application to operate long flights over water.
LinkSouthwest to offer 5 daily flights from Wash.'s Paine FieldSouthwest Airlines plans to offer five daily flights from Paine Field in Everett, Wash., after the facility's new terminal opens in September. The carrier will provide flight details in the spring.
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