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Aviation Daily, May 29, 2015 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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Airlines

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Irish Parliament Approves Sale Of State’s Shareholding To IAG

May 28, 2015
The majority of Ireland’s members of parliament approved the principles of the disposal of the country’s stake in Aer Lingus to IAG on May 28.
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Competition Between Emirates And Etihad In Italy Intensifies

May 28, 2015
Emirates plans to begin a daily service from its hub at Dubai International Airport to Bologna Guglielmo Marconi Airport on Nov. 3. Bologna will be Emirates’ fourth Italian destination, bringing the carrier’s Italy flights to 56 weekly.
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Ryanair Still Eyes Transatlantic Services, Not Now

May 28, 2015
Europe’s largest LCC is still considering launching transatlantic flights, but Ryanair will stick to short- and medium-haul services for at least the next four to five years because of a“massive shortage of long-haul aircraft,” CFO Neil Sorahan said. “The Gulf carriers have mopped up all spare capacity there,” he said. Reiterating past statements, Sorahan insisted that if the airline were to go transatlantic “it wouldn’t be Ryanair itself; it would be a separate company, separate management, and indeed a separate brand.”
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Tentative Deal For Cathay Attendants

May 28, 2015
Cathay Pacific has reached a tentative agreement with its flight attendant union that would prevent potential strikes during the summer-travel period. The union and the airline have signed a memorandum of understanding (MOU) after negotiations overseen by Hong Kong’s labor department. Flight attendants have been protesting over concerns about pay structure, overseas allowances and changes to legal protection policy wording.
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AirAsia Predicts Turnaround For Overseas Affiliates

May 28, 2015
Group CEO Tony Fernandes says his focus for 2015 is “turning around [the two affiliates] and the recovery of debt” from these carriers. He has set a goal for Indonesia AirAsia (IAA) to be profitable by the second half of the year, and for Philippine AirAsia (PAA) to break even by the fourth quarter.
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Beijing In Talks To Order At Least 70 A330s

May 28, 2015
One official believes an order for up to 160 A330s is possible, but the other official is sure that the figure will be closer to 70. Both agree that the order will be a mix of A330ceos and A330neos.

Fuel Watch

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Global Jet Fuel Prices (midpoint)* As of May 28, 2015, compared with previous week and previous year

May 28, 2015
Global Jet Fuel Prices (midpoint)* As of Month xx, 2015, compared with previous week and previous year cts/gal prev. week prev. year NY Jet Barges 179.73 -7.66 -112.18 Chicago Jet 178.34 -8.80 -121.32 West Coast (LA) Jet 196.34 -44.05 -106.82

Airframers/Suppliers

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Airbus Halts A320neo Flying Over PW-1100G Component Issue

May 28, 2015
Airbus Executive Vice President-Programs Didier Evrard says a clip holding seals inside the engine needs to be replaced.
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Brégier: Airbus Needs More Time For A380neo Decision, Favors Further A320-Rate Increases

May 28, 2015
Nonetheless, Brégier points out that he has “no reason to believe it will be a poor air show” for Airbus in terms of orders.
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Functional Testing Begins On Second MRJ

May 27, 2015
MHI has painted the fifth aircraft in the colors of launch customer All Nippon Airways (ANA). A photograph issued by Mitsubishi Aircraft shows the outer wing boxes have not been attached to the inner wing box, however.