Publication: AIRwise

First reported 14 hours ago - Updated 35 mins ago - 1 reports

Airlines Push For Guidance On Airspace Safety

Global airlines will push to get "neutral information" on whether to use or avoid airspace over conflict zones at Tuesday's meeting of the ICAO and other airline bodies, a European-based airline insider said.The International Civil Aviation Organization, ... [Published AIRwise - 14 hours ago]
First reported 14 hours ago - Updated 1 hour ago - 1 reports

FAA Proposes USD$12 Mln Penalty Against Southwest

The US Federal Aviation Administration has proposed a USD$12 million civil penalty against Southwest Airlines for failing to comply with regulations related to repairs on Boeing 737s it operates."The FAA views maintenance very seriously, and it will not ... [Published AIRwise - 14 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Flights Delayed By Military Exercises In China

Military exercises have become a new headache for Chinese carriers, causing hundreds of flight delays and cancellations just as they are grappling with a sharp decline in earnings.In one of the most serious air disruptions so far, authorities issued a ... [Published AIRwise - 2 hours ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

WestJet's Q2 Profit Rises 16 Percent

WestJet Airlines reported a 16 percent rise in quarterly earnings, helped by a 5.5 percent rise in revenue passenger miles.The Calgary, Alberta-based airline said its net profit rose to CAD$51.8 million (USD$47.9 million) in the second-quarter ended June ... [Published AIRwise - 2 hours ago]
First reported 14 hours ago - Updated 5 hours ago - 1 reports

Airbus To Lose Japanese Buyer For A380

Airbus is set to to lose its only Japanese customer for the A380 as Skymark Airlines prepares to cancel an order for six jets worth more than USD$2 billion, industry insiders said on Monday.Skymark was due to take delivery of its first A380 around the ... [Published AIRwise - 14 hours ago]
First reported Jul 28 2014 - Updated 6 hours ago - 1 reports

Virgin America Files For IPO

Virgin America has filed for an initial public offering of shares as it looks to expand in the recovering US airline market.The company did not disclose the number of shares to be sold or the listing exchange.The airline said the offering would raise ... [Published AIRwise - Jul 28 2014]
First reported Jul 28 2014 - Updated 17 hours ago - 1 reports

Emirates To Avoid Iraqi Airspace As Violence Rises

Emirates said on Monday it will avoid Iraqi airspace, as the government in Baghdad struggles to contain Islamic insurgents who have captured vast areas of the country.After Malaysia Airlines MH17 was downed earlier this month in eastern Ukraine, airlines ... [Published AIRwise - Jul 28 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

San Miguel In Talks Over Philippine Airlines Stake

San Miguel said it is "discussing" with investment partner Lucio Tan their respective interests in Philippine Airlines parent PAL Holdings, after local media reported San Miguel had agreed to sell its stake.San Miguel indirectly bought almost half of ... [Published AIRwise - Jul 28 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Families Mourn Victims At Air Algerie Crash Site

Family members of those killed on the Air Algerie flight that crashed in Mali were taken to the wreckage on Saturday to grieve as French President Francois Hollande announced three days of mourning.Hollande ordered that flags on government buildings across ... [Published AIRwise - Jul 28 2014]
First reported Jul 25 2014 - Updated Jul 26 2014 - 1 reports

Japan To Invite Bids For Kansai Airport Operating Rights

Japan in October will invite bids for the operating rights for New Kansai Airport, an official said on Friday, in a deal expected to be among the biggest in Prime Minister Shinzo Abe's drive to draw private funds into public infrastructure.The license ... [Published AIRwise - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Dassault Aviation H1 Profit Falls

Dassault Aviation reported lower sales and operating profit due to weaker Falcon business jet deliveries and high R&D costs, but said it hoped to reach a deal to sell 126 Rafale combat jets to India as quickly as possible.The French plane maker said first-half ... [Published AIRwise - Jul 25 2014]
First reported Jul 22 2014 - Updated Jul 23 2014 - 2 reports

Commercial Jet Deliveries Boost Boeing's Profit

Boeing reported a 52 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries and raised its full-year earnings forecast.The company said commercial aircraft deliveries rose 7 percent to 181, including 30 787 Dreamliners, ... [Published AIRwise - Jul 23 2014]

Quotes

"China Eastern is affected the most because it is based in Shanghai and has more flights to and from nearby cities" said Gao Liangyu, an analyst at Huatai Securities
"The FAA views maintenance very seriously, and it will not hesitate to take action against companies that fail to follow regulations" FAA Administrator Michael Huerta said in a statement
"Airlines do not have CIA operatives working for them," said the source who spoke on condition of anonymity. "At the end of the day, airlines have to decide whether to fly or not based on accurate information."
"An appropriate disclosure shall be made in the event a definite agreement is concluded by the parties" San Miguel said in a filing to the Philippine Stock Exchange following the newspaper report

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WestJet's Q2 Profit Rises 16 Percent [Published AIRwise - 2 hours ago]
Flights Delayed By Military Exercises In China [Published AIRwise - 2 hours ago]
FAA Proposes USD$12 Mln Penalty Against Southwest [Published AIRwise - 14 hours ago]
Airbus To Lose Japanese Buyer For A380 [Published AIRwise - 14 hours ago]
Airlines Push For Guidance On Airspace Safety [Published AIRwise - 14 hours ago]
San Miguel In Talks Over Philippine Airlines Stake [Published AIRwise - Jul 28 2014]
Virgin America Files For IPO [Published AIRwise - Jul 28 2014]
Emirates To Avoid Iraqi Airspace As Violence Rises [Published AIRwise - Jul 28 2014]
Families Mourn Victims At Air Algerie Crash Site [Published AIRwise - Jul 28 2014]
Dassault Aviation H1 Profit Falls [Published AIRwise - Jul 25 2014]
Japan To Invite Bids For Kansai Airport Operati... [Published AIRwise - Jul 25 2014]
Alitalia Shareholders Approve Capital Increase [Published AIRwise - Jul 25 2014]
Alitalia To Propose Capital Increase Of EUR€250... [Published AIRwise - Jul 25 2014]
American Air's Profit Rises, Declares Dividend [Published AIRwise - Jul 25 2014]
Thai Airways To Cut Costs Under Restructuring Plan [Published AIRwise - Jul 24 2014]
Australia Ready To Send Police To Guard MH17 Cr... [Published AIRwise - Jul 24 2014]
Airports In East China Face Delays Due To Milit... [Published AIRwise - Jul 23 2014]
Commercial Jet Deliveries Boost Boeing's Profit [Published AIRwise - Jul 23 2014]
Banks Set Conditions On Alitalia Cash Call [Published AIRwise - Jul 23 2014]
Train Carrying MH17 Bodies Reaches Kharkiv [Published AIRwise - Jul 23 2014]
Rockwell Collins Gets Boost From Higher Deliveries [Published AIRwise - Jul 22 2014]
Afghanistan Concerned About Airspace Safety [Published AIRwise - Jul 22 2014]
MH17 Black Boxes To Go To UK For Analysis [Published AIRwise - Jul 22 2014]
AENA Appoints Banks For Share Sale [Published AIRwise - Jul 22 2014]
MAS Restructuring Plan Could Be Unveiled In August [Published AIRwise - Jul 22 2014]
Asur Posts Lower Second Quarter Profit [Published AIRwise - Jul 22 2014]
Lufthansa Joins Calls For MH17 Airline Summit [Published AIRwise - Jul 22 2014]
Bohai Leasing Approves 70 Airbus A320 Deal [Published AIRwise - Jul 21 2014]
LATAM Airlines Agrees Venezuela Funds Repatriat... [Published AIRwise - Jul 21 2014]
Emirates Calls For Airline Summit On MH17 Attack [Published AIRwise - Jul 21 2014]
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