Aaron Karp, Air Transport World

Aaron Karp

Air Transport World

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Recent:
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Past:
  • Air Transport World

Past articles by Aaron:

2018 World Airline Report Analysis

After years of record profits, the region’s airlines are experiencing some turbulence as costs rise and growth plans are called into question. → Read More

US airlines to change how they refer to Taiwan

Four US international airlines are reportedly about to change how they refer to Taiwan. → Read More

Delta, WestJet finalize transborder JV

Atlanta-based Delta Air Lines and Calgary-based WestJet have signed a definitive agreement to form an antitrust-immunized transborder joint venture (JV), finalizing the details of a proposed partnership announced in late 2017 via the signing of an MOU. → Read More

United posts $684 million 2Q net profit on strong revenue, cost discipline

United Airlines executives said a strong revenue environment and cost discipline are enabling the Chicago-based airline to recover 75% of rising fuel prices and maintain solid profitability, reporting a second-quarter net profit of $684 million, down 16.7% from net income of $821 million in the 2017 June quarter. → Read More

United adds four Boeing 787s

United Airlines added four more Boeing 787s to its orderbook for the type, bringing its total 787 orders to 55 aircraft. → Read More

DHL Express orders 14 Boeing 777 freighters

Bonn, Germany-based DHL Express placed a firm order for 14 Boeing 777 freighters valued at $4.7 billion at list prices, plus took purchase options for seven more 777Fs. → Read More

Delta 2Q net profit down 14% on higher fuel prices

A strong demand environment enabled Delta Air Lines to somewhat mitigate surging fuel prices to post a $1.03 billion net profit for the second quarter. → Read More

Airbus completes takeover of Bombardier CSeries program

Airbus and Bombardier confirmed the transaction transferring majority control of the CSeries program to Airbus was completed as scheduled July 1. → Read More

JetBlue adds new Havana flights from Boston, Fort Lauderdale

New York-based JetBlue Airways will launch Saturday Boston-Havana flights and add a second daily Fort Lauderdale, Florida-Havana service in November, as the carrier ramps up its commitment to the US-Cuba market. → Read More

UK Parliament overwhelmingly approves third London Heathrow runway

The UK House of Commons voted by a 415-119 margin to approve the building of a third runway at London Heathrow Airport. → Read More

UK Parliament overwhelmingly approves third London Heathrow runway

The UK House of Commons voted by a 415-119 margin to approve the building of a third runway at London Heathrow Airport. → Read More

FedEx to take 24 more Boeing freighters in $6.6 billion order

FedEx Corp. has ordered 24 more Boeing freighters, comprising 12 767Fs and 12 777Fs. → Read More

Concerns grow over CORSIA timetable

Finalizing and formally adopting regulations later in June for the monitoring, reporting and verification (MRV) of emissions for the Carbon Offset and Reduction Scheme for International Aviation (CORSIA) is critical to keep the ICAO program on track to start on time, according to the head of the Air Transport Action Group (ATAG). → Read More

IATA lowers 2018 profit forecast 12% as fuel costs rise

IATA downgraded its 2018 profit forecast for the global airline industry, projecting airlines will collectively earn $33.8 billion this year, down 12% from the $38.4 billion predicted in December 2017. → Read More

North American airlines continue to be most profitable

Airline profitability remains uneven geographically, with carriers in much of the world struggling to earn a profit even as the overall industry continues to generate record revenue and earn robust annual income. → Read More

Timeline unclear for Star Alliance’s new integrated passenger systems

Star Alliance is beginning to implement a digital services platform (DSP) that will allow passengers to do things such as track their bags and complete seat assignments when they buy an interline ticket that goes across alliance airlines. But when the process will be completed is not clear. → Read More

Oneworld alliance launches ‘connect’ tier with Fiji Airways

The oneworld global alliance has introduced a new tier of membership, with Fiji Airways becoming the first oneworld connect partner. → Read More

Was Doug Parker’s $5 billion ‘average’ earnings prediction a mistake?

Last year, American Airlines CEO Doug Parker repeatedly made a bold assertion in a number of public forums: American going forward would average an annual pre-tax profit of $5 billion. An off year may produce a pre-tax profit closer to $3 billion, while a banner year would produce a pre-tax profit of around $7 billion, he explained. → Read More

US ATM reform hopes die with FAA bill

US Congress took a major step in late April toward bringing an end to more than three years of contentious debate over FAA reauthorization. → Read More

WTO rules EU failed to stop A350, A380 subsidies; both sides claim win

In the long-running subsidies spat between Airbus and Boeing, the World Trade Organization (WTO) has determined in a first ruling that the European Union (EU) failed to stop illegal subsidies used to support the Airbus A380 and A350 programs. → Read More