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Magazine Issue

Aviation Daily, August 11, 2015

Suppliers

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Buffett Places $37 Billion Bet On Airplanes

Aug 12, 2015
In agreeing to pay $37.2 billion for specialty metals and parts supplier Precision Castparts, Berkshire Hathaway CEO Warren Buffett signals his confidence that demand for large commercial jets will continue to outpace global economic growth.

Airlines

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Finnair Extends Full Ownership of Its Regional Subsidiary

Aug 10, 2015
The delay is due to the need for “the parties to assess even more thoroughly the alternative traffic models of regional flying in a constantly developing operating environment,” Finnair said, while emphasizing that talks with the potential new investors are continuing.
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Hawaiian Considers New International Route

Aug 10, 2015
This expansion will be enabled by the arrival of a leased Airbus A330-200 next June, which will be the 23rd of this aircraft type to join the Hawaiian fleet.
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JetBlue Plans On Wi-Fi Milestones This Fall

Aug 10, 2015
The New York-based airline has been working to equip its 130 A320s with high-speed Internet access, branded as “Fly-Fi,” since launching the service in December 2013.

Regulatory/Legislative

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Review Of FAA Oversight Of Unapproved Aircraft Parts Begin

Aug 12, 2015
The Office of Inspector General is initiating an audit of the FAA’s oversight of Suspected Unapproved Parts for the aviation industry. The audit follows a request in March from the ranking members of the House Transportation and Infrastructure Committee and the Subcommittee on Aviation. The members are concerned about the risks the unapproved parts present to aviation safety.

Airports

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Los Angeles Will Sell L.A/Ontario International Airport

Aug 10, 2015
The sides have now reached a tentative settlement agreement that calls for Ontario to pay $190 million to Los Angeles over 10 years.

Analysis

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IATA: June Drop-Off In Asia Traffic Slows Global Growth

Aug 12, 2015
Worldwide air passenger traffic grew 5.7% year-over-year (YOY) in June, slowing from May’s 6.9% YOY growth, IATA’s June Air Passenger Market Analysis report says.

Airframers/Suppliers

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Airbus And Boeing July 2015 O&D Roundup

Aug 12, 2015
As of July 31, Boeing has pulled into the lead for commercial aircraft orders year-to-date, with 423 booked, compared to rival manufacturer Airbus’s 405.

Forecasts/Industry Data

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Airport Profile: Palm Beach International (PBI)

Aug 12, 2015
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