Aaron Karp

Senior Editor,
Air Transport World

Aaron Karp has been an Air Transport World senior editor since April 2006. He has covered commercial aviation for over 15 years, previously serving as editor of World Airport Week, reporter for Flight International/Air Transport Intelligence and managing editor of Air Cargo World. He has covered numerous aviation conferences and events throughout the world, including the Paris, Farnborough and Singapore air shows. He was the recipient of the 2007 Aerospace Journalist of the Year award for best maintenance submission.

Obama taps US Coast Guard vice commandant as next TSA administrator
US President Barack Obama said he intends to nominate Peter Neffenger, the vice commandant of the US Coast Guard, to be the next head of the Transportation Security Administration (TSA).
Spirit Airlines A319
Spirit Airlines 1Q net profit up 83%
Spirit Airlines earned net income of $69 million in the first quarter, up 83% over a net profit of $37.7 million in the 2014 March quarter, as it grew capacity aggressively.
JetBlue A320
JetBlue posts $137 million 1Q net profit
JetBlue Airways earned net income of $137 million in the first quarter, a significant improvement over a net profit of $4 million in the 2014 March quarter, citing “healthy demand across our network and a continued focus on cost control.”
UPS A300-600F
UPS 1Q net profit up 12.6%; appoints new CFO
United Parcel Service (UPS) reported first-quarter net income of $1.03 billion, up 12.6% over a net profit of $911 million in the 2014 March quarter, on a 1.4% year-over-year increase in revenue to $13.98 billion.
Air New Zealand selects Pratt & Whitney GTF engines for A320neos 
Pratt & Whitney has won the engine selection on Air New Zealand’s firm order for 13 Airbus A320neo family aircraft.
More than $1 billion in fuel savings drive strong American 1Q earnings 
American Airlines Group posted a first-quarter net profit of $932 million, nearly doubling net income of $480 million in the 2014 March quarter, as fuel costs decreased 43% year-over-year.
Southwest Airlines 737-300
Southwest earns $453 million 1Q net profit; ROIC over 25% 
Coming off its best-ever full-year earnings performance in 2014, Southwest Airlines’ momentum continued in the 2015 first quarter with net income of $453 million, nearly tripling a net profit of $152 million in the prior-year quarter.
Allegiant Air MD-80
Allegiant profitability streak continues amid pilot labor dispute 
Allegiant Air parent Allegiant Travel Co. posted its 49th consecutive profitable quarter in the three months ended March 31, but the company’s labor dispute with its pilots has cast a shadow over its financial success.
Boeing 787
Boeing 1Q net profit up 38% to $1.34 billion 
Boeing earned a first-quarter net profit of $1.34 billion, up 38% over net income of $965 million in the 2014 March quarter, as its Commercial Airplanes unit’s revenue continued to soar.
Seeking Relief
Two of Mitsubishi Aircraft Corp.’s most high-profile orders for the Mitsubishi Regional Jet (MRJ) are with US regional airline operators SkyWest Inc. and Trans States Holdings, but there is a big caveat on the 100 and 50 MRJs, respectively, that SkyWest and Trans States have on their books.
Analysis — Haneda Histrionics
The US Department of Transportation (DOT) decided not to ground Delta Air Lines’ Seattle-Tokyo Haneda service.
ATR, Azul sign $85 million maintenance contract extension 
ATR and Azul Brazilian Airlines have renewed a maintenance agreement under which ATR will provide full aftermarket support for Azul’s fleet of nearly 60 ATR aircraft.
Airlines, FAA discussing ‘grace period’ for ADS-B Out rule 
US airlines expect that FAA will allow a five-year “grace period” for full compliance with the agency’s 2010 mandate that carriers’ aircraft be Automatic Dependent Surveillance-Broadcast (ADS-B) Out capable by Jan. 1, 2020.
MRJ first engine run
MRJ first flight delayed again 
Mitsubishi Aircraft Corp. has pushed back the first flight of the Mitsubishi Regional Jet (MRJ) from the current quarter to “September or October of this year,” but still plans for a second quarter 2017 first delivery.
American Airlines Boeing 737-800
FAA issues single operating certificate for American/US Airways 
American Airlines and US Airways are now operating under a single operating certificate issued by FAA.

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