Operations http://atwonline.com/taxonomy/term/7419/more en IAG more than doubles 2Q net profit http://atwonline.com/finance-data/iag-more-doubles-2q-net-profit <div class="node-body article-body">International Airlines Group (IAG), parent company of Iberia and British Airways, reported second-quarter net income of €280 million ($375 million), more than doubled from a €127 million profit in the year-ago period, marking the best second quarter results for all of the IAG carriers since 2007.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/iag-more-doubles-2q-net-profit" target="_blank">read more</a></p> http://atwonline.com/finance-data/iag-more-doubles-2q-net-profit#comments Airlines Finance & Data Daily News BA British Airways IAG Iberia International Airlines Group Vueling Fri, 01 Aug 2014 20:02:00 +0000 134341 at http://atwonline.com <p>British Airways and Iberia aircraft at London Heathrow Airport</p> By Linda Blachly ANA drops plan to invest in Myanmar domestic carrier http://atwonline.com/finance-data/ana-drops-plan-invest-myanmar-domestic-carrier <div class="node-body article-body">Japan’s All Nippon Airways (ANA)—which announced last year it would invest $25 million in Myanmar’s Asian Wings Airways (AWA) for a 49% stake—has pulled back from the deal. </div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/ana-drops-plan-invest-myanmar-domestic-carrier" target="_blank">read more</a></p> http://atwonline.com/finance-data/ana-drops-plan-invest-myanmar-domestic-carrier#comments Airlines Finance & Data Daily News All Nippon Airways ANA Asian Wings Airways AWA Myanmar Pan Am International Flight Academy Fri, 01 Aug 2014 19:59:00 +0000 134421 at http://atwonline.com <p>All Nippon Airways Boeing 787</p> By Rob Finlayson Bombardier 2Q net profit falls nearly 14% http://atwonline.com/finance-data/bombardier-2q-net-profit-falls-nearly-14 <div class="node-body article-body">Bombardier reported second-quarter net profit of $155 million, down 13.9% from net income of $180 million reported in the year-ago quarter.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/bombardier-2q-net-profit-falls-nearly-14" target="_blank">read more</a></p> http://atwonline.com/finance-data/bombardier-2q-net-profit-falls-nearly-14#comments Finance & Data Daily News Manufacturers American Airlines Bombardier CRJ900 NextGen CS100 CS300 CSeries Eric Martel Farnborough Airshow Guy Hachey Lutz Bertling Mike Arcamone Pierre Beaudoin PW1500G Q400 turboprop Fri, 01 Aug 2014 19:57:00 +0000 134381 at http://atwonline.com <p>Bombardier CRJ900</p> Courtesy, Bombardier Lufthansa Technik’s growth stunted by competition, selective airline spending http://atwonline.com/mro/lufthansa-technik-s-growth-stunted-competition-selective-airline-spending <div class="node-body article-body">More intense competition and careful airline aftermarket spending helped Lufthansa Technik’s (LHT) year-over-year sales fall in the second quarter, breaking a one-year streak of quarterly growth.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/mro/lufthansa-technik-s-growth-stunted-competition-selective-airline-spending" target="_blank">read more</a></p> http://atwonline.com/mro/lufthansa-technik-s-growth-stunted-competition-selective-airline-spending#comments Daily News MRO Air China AMECO Beijing ATW Plus LHT Lufthansa Lufthansa Technik MRO Fri, 01 Aug 2014 19:56:00 +0000 134411 at http://atwonline.com Singapore Airlines Group 1Q net profit falls 71% http://atwonline.com/finance-data/singapore-airlines-group-1q-net-profit-falls-71 <div class="node-body article-body">Net profits for Singapore Airlines parent SIA Group fell 71.4% year-over-year during its fiscal-first-quarter ended June 30. </div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/singapore-airlines-group-1q-net-profit-falls-71" target="_blank">read more</a></p> http://atwonline.com/finance-data/singapore-airlines-group-1q-net-profit-falls-71#comments Airlines Finance & Data Daily News Airbus Boeing Scoot SIA Cargo SIA Engineering SIA Group SilkAir Singapore Airlines Fri, 01 Aug 2014 19:54:00 +0000 134291 at http://atwonline.com <p>Singapore Airlines A380</p> By Rob Finlayson Aeroflot 1H net income down 36.2% http://atwonline.com/finance-data/aeroflot-1h-net-income-down-362 <div class="node-body article-body">Russia’s Aeroflot reported first-half net income of RUB3.39 billion ($95.6 million), down 36.2% year-over-year. </div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/aeroflot-1h-net-income-down-362" target="_blank">read more</a></p> http://atwonline.com/finance-data/aeroflot-1h-net-income-down-362#comments Airlines Finance & Data Daily News Aeroflot Aurora Donavia and Dobrolet RAS Rossiya Airlines Russian Accounting Standards Fri, 01 Aug 2014 19:53:00 +0000 134351 at http://atwonline.com <p>Aeroflot Boeing 737-800</p> By Rob Finlayson IATA: May jump in global premium traffic http://atwonline.com/finance-data/iata-may-jump-global-premium-traffic <div class="node-body article-body">Premium passenger traffic worldwide grew 6.5% year-over-year in May, exceeding April’s 3.8% growth performance and besting May 2013’s premium travel growth rate by 4.5 points, according to IATA’s May Premium Traffic Monitor.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/finance-data/iata-may-jump-global-premium-traffic" target="_blank">read more</a></p> http://atwonline.com/finance-data/iata-may-jump-global-premium-traffic#comments Associations Finance & Data Daily News economy traffic IATA premium traffic Fri, 01 Aug 2014 19:52:00 +0000 134401 at http://atwonline.com Unintended Consequences http://atwonline.com/labor/unintended-consequences <div class="field-deck"> New rules leave US regional airlines struggling to find enough pilots </div> <div class="node-body article-body">In February the US Government Accountability Office (GAO) produced a study titled “Current and Future Availability of Airline Pilots.” In the study’s summary of findings, it reported, “As airlines have recently started hiring, nearly all of the regional airlines that GAO interviewed reported difficulties finding sufficient numbers of qualified entry-level first officers.” </div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/labor/unintended-consequences" target="_blank">read more</a></p> http://atwonline.com/labor/unintended-consequences#comments Labor ATW Plus Colgan Air FAA GAO RAA Fri, 01 Aug 2014 18:35:00 +0000 133591 at http://atwonline.com Credit: Thinkstock Into the Looking Glass http://atwonline.com/it-distribution/looking-glass <div class="field-deck"> Virgin to roll out Google Glass, but SITA has its concerns. </div> <div class="node-body article-body">Virgin Atlantic revealed plans in June for a wider roll-out of Google Glass following its London Heathrow trial, but its partner SITA remains unconvinced after a further road test with Copenhagen Airport.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/it-distribution/looking-glass" target="_blank">read more</a></p> http://atwonline.com/it-distribution/looking-glass#comments IT & Distribution ATW Plus Google Glass SITA Virgin Atlantic Airways Fri, 01 Aug 2014 18:17:00 +0000 133561 at http://atwonline.com China Service http://atwonline.com/mro/china-service <div class="field-deck"> Ameco Beijing is located in the center of one of the fastest-growing MRO markets, but there are challenges. </div> <div class="node-body article-body">From a startup in 1989, Ameco Beijing—a joint venture between Air China and Lufthansa—has grown to become China’s largest MRO provider with more than 6,000 employees, almost 100 customers worldwide, and revenues of $500 million.</div> <div class="og_rss_groups"></div><p><a href="http://atwonline.com/mro/china-service" target="_blank">read more</a></p> http://atwonline.com/mro/china-service#comments MRO AMECO Beijing Ameco. Air China ATW Plus Lufthansa Fri, 01 Aug 2014 18:07:00 +0000 133551 at http://atwonline.com Photo: Ameco Beijing