Aviation Daily, May 28, 2018

Shell companies and intermediaries attempting to get aircraft parts to Iran’s Mahan Air and several affiliates have been targeted in new sanctions from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), sending a warning to aviation services providers that doing business with anyone who supports sanctioned Iranian carriers will not be tolerated....More

The Australian and Netherlands governments are holding Russia responsible for the shootdown of Malaysia Airlines flight MH17....More

In observance of Memorial Day in the U.S., Aviation Daily will not publish on Tuesday, May 29....More

The UK government has confirmed easyJet’s status as a UK airline, even if it is majority European Union (EU)-owned, according to easyJet CFO Andrew Findlay....More

Russian aircraft manufacturer Irkut may be riding high from the recent test flight of its second MC-21 prototype, but credit raters at Moody’s Investors Service are bringing the company back to Earth with a downgrade of its credit worthiness....More

New Austrian carrier LaudaMotion plans to launch an extensive European network—called City Shuttle—from Vienna beginning with the 2018-19 winter schedule....More

American Airlines said about 60% of its customers presented with basic economy fares are choosing a higher-priced option with more features, but these so-called conversion rates are higher on its own website than third-party booking sites....More

The commercial aerospace sector may be expecting Boeing to announce the formal start of a new midmarket aircraft (NMA) program this year, but for perhaps the most important suppliers—the engine makers—the business case is not yet closed, according to a key CEO....More

View the Jan.-Dec. U.S. Scheduled Domestic Passenger Airlines Revenue, Expenses And Profits chart in PDF format....More

View the SpeedNews Aircraft & Engines Marketplace chart in PDF format....More

To list an event, send information in calendar format to Donna Thomas at donna.thomas@aviationweek.com. For a complete list of Aviation Week Network’s upcoming events, and to register, visit www.aviationweek.com/events (Bold type indicates new calendar listing.)...More