Sean Broderick

Aviation Week


FAA workgroup urges low-speed rejected takeoff guidance
An FAA-sponsored working group has recommended the US agency develop guidance requiring demonstrations that aircraft can be controlled when an engine suddenly loses thrust during the low-speed portion of a takeoff run, as well as training recommendations for pilots on how to respond to the rare but potentially tricky events.
Rendering of 737 MAX 8 in Air Lease Corp. livery
Air Lease Corp. 2Q net income up 14% on higher bookings 
Air Lease Corp. (ALC) increased net income 14% to $115.2 million in the second quarter as revenues increased 4.4% to $397.8 million, largely on the strength of a higher net-book fleet value.
Chorus Aviation 2Q profit down on exchange rates
Chorus Aviation increased its second-quarter adjusted net income 9%, thanks largely to its growing aircraft leasing business, but unfavorable currency exchange rates helped dragged down the company’s year-over-year (YOY) 2Q net income down 61%.
Air Canada rouge Airbus A321
Air Canada prepares rouge subsidiary for ULCC competition
As the Canadian ULCC market heats up, Air Canada said it is prepared to leverage the significant flexibility of its rouge subsidiary to ward off competition, from adding flights in major domestic markets to re-configuring aircraft to match rivals’ all-economy offerings.
Aircastle expects Boeing-Embraer tie-up to create E2 demand rise 
Stamford, Connecticut-based Aircastle continues to struggle to place more of its Embraer E190-E2-series aircraft slated to begin arriving next year; however, the lessor is confident the Boeing-Embraer tie-up and the aircraft’s recent entry into service will help entice new customers.
Aircastle swings to profit in 2Q on high utilization rate 
Commercial aircraft lessor Aircastle has posted an adjusted net income of $52.4 million in the 2018 second quarter, swinging to profit one year after recording a quarterly loss of $7.1 million, the company reported Aug. 7.
CRJ line
Bombardier mulls CRJ production rate increase after backlog hits 60 
Double-digit orders from American Airlines and Delta Air Lines have pushed Bombardier's CRJ backlog to 60 for the first time in nearly two years, as the manufacturer considers a production rate increase next year.
Flair to move Ontario operations to Toronto, plans transborder flights 
Canada’s Flair Airlines, seemingly betting on its ULCC cost advantage against more traditional mainline carriers, will consolidate its southern Ontario flying out of Toronto Pearson International Airport (YYZ), pulling out of Hamilton’s John C. Munro International (YHM).
Atlas Air Boeing 747-800F
Atlas boosts 2Q net income on strong demand; raises full-year guidance
Cargo operator Atlas Air Worldwide (AAW), continuing to reap benefits from strong demand across its businesses, increased adjusted net income 71% year-over-year (YOY) in the second quarter and has raised its full-year revenue and profit forecasts.
Canadian ULCC Swoop to launch services to five US cities 
Swoop, WestJet’s new ULCC, has unveiled its first five US destinations and will launch transborder services Oct. 11, connecting Edmonton and Abbotsford with Las Vegas. Edmonton-Las Vegas will be daily, while the Abbotsford flights will be 3X-weekly.
Bombardier wins approval for 90-seat Q400, eyes more orders
Transport Canada has certified Bombardier's 90-seat Q400 configuration, clearing the way for deliveries to launch customer SpiceJet starting later this year, and the manufacturer said more orders are on the way.
WestJet looks to grow ULCC Swoop ‘faster’ 
WestJet executives are not ruling out an accelerated ramp-up of its ULCC Swoop as a way to inject lower-cost lift into its system as it works to offset higher fuel costs and expenses tied to several key initiatives.
WestJet expenses edge revenues, 2Q net loss posted 
Canada's WestJet posted a 2018 second-quarter net loss of C$20.8 million ($15.9 million), falling into the red as rising fuel prices and other challenges overwhelmed rising revenues and passenger loads.
AerCap 2Q net profit down 10% on aircraft sales
Netherlands-based lessor AerCap posted a second-quarter net profit of $254.2 million, down 10% year-over-year.
Air Canada Boeing 737 MAX 8
Air Canada to slow growth rate after 2Q net loss 
Air Canada is “extensively” studying its capacity projections for late 2018/2019 and has confirmed it will reduce its growth rate, but has not finalized the timing or extent of its changes, top executives said.
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