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 16 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.

UPS Boeing 767-300F
UPS posts strong 2Q net profit, but ‘cautious’ on US economy
United Parcel Service (UPS) reported second-quarter net income of $1.23 billion, well more than doubling a net profit of $454 million in the 2014 June quarter, even as revenue dropped 1.2% year-over-year to $14.1 billion.
WestJet Boeing 737-700
WestJet posts $49.8 million 2Q net profit; raises ROIC target 
Calgary-based WestJet earned net income of C$61.6 million ($49.8 million) in the second quarter, up 18.9% from a net profit of C$51.8 million in the 2014 June quarter, marking its 41st consecutive quarter in the black.
Delta Air Lines 757-200
Delta to buy 3.55% stake in China Eastern for $450 million  1
Atlanta-based Delta Air Lines has agreed to invest $450 million to acquire a 3.55% stake in Shanghai-based China Eastern Airlines, and the SkyTeam members said they will launch a “commercial cooperation plan.”
Spirit Airlines A319
Spirit Airlines 2Q net profit up 18%; faces pricing challenge 
Spirit Airlines posted second-quarter net income of $76.7 million, up 18.3% over a net profit of $64.8 million in the 2014 June quarter, and said it will make no changes to its business strategy despite “very aggressive” moves by mainline US airlines to match its low fares.
American Airlines 777-300ER
‘Really bullish’ American’s 2Q net profit soars to $1.7 billion  1
American Airlines Group reported second-quarter net income of $1.7 billion, nearly doubling a net profit of $864 million in the 2014 June quarter, marking the best quarterly result in American’s history just over 18 months removed from emerging from Chapter 11 bankruptcy protection.
LEAP-1C engine during flight testing
First CFM LEAP-1C engine powering C919 delivered to COMAC  1
CFM International has delivered the first LEAP-1C engine to the Commercial Aircraft Corp. of China (COMAC) for installation on the first C919.
Southwest Airlines Boeing 737-700
Southwest 2Q net profit up 31%; half-year profit over $1 billion 
Southwest Airlines earned a net profit of $608 million in the second quarter, up 30.8% over net income of $465 million in the 2014 June quarter, as the company surged to a 28.2% pre-tax return on invested capital (ROIC) for the 12 months ended June 30.
ALPA president: ‘Please call 911’ on people shining lasers into sky 

Air Line Pilots Association (ALPA) president Tim Canoll said the wider public has to be educated about the threat laser pointers pose to aircraft and help law enforcement catch people shining lasers into cockpits.

US Rep. Peter DeFazio (D-Oregon)
ALPA, DeFazio vow to fight attempts to lower ‘1,500 hr. rule’  6
US airlines, particularly regional carriers, have expressed hope that strict pilot training requirements implemented by FAA in 2013 will be eased in FAA reauthorization legislation expected to be taken up by Congress later this year, but there will likely be a strong push back against any efforts to change the rules.
ALPA president Tim Canoll
ALPA: Mandate collision avoidance technology on UAVs 
The Air Line Pilots Association (ALPA) is calling for Traffic Collision and Avoidance Systems (TCAS) technology to be mandated on unmanned aerial vehicles (UAVs).
Boeing 2Q net profit drops 33% on tanker charge 
Boeing reported second-quarter net income of $1.11 billion, down 32.7% from a net profit of $1.65 billion in the 2014 June quarter, as an $835 million charge on the KC-46 aerial refueler program dampened earnings.
TAM Boeing 777-300ER
TAM cutting domestic capacity in response to Brazil’s struggles 
Citing Brazil’s “difficult economic scenario,” TAM said it will gradually reduce its domestic operations 8%-10% and cut about 500 employees.
Boeing 747-8
Boeing: World’s airlines need to hire 28,000 new pilots annually 
Boeing has increased the number of pilots and maintenance technicians it forecasts will be needed by the world’s commercial airlines, reflecting a bulging order book for new aircraft.
ATW Analysis: DOJ investigates US majors, but where’s the case? 
Collusion, especially among competing airlines in the world’s largest commercial air transport market, is a serious charge.
FAA investigates 35 laser incidents in one night; 12 in New Jersey 
There were 35 “laser incidents” reported by pilots in the US Wednesday night, including 12 incidents involving aircraft flying over New Jersey, according to FAA.

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