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Magazine Issue

Aviation Daily, August 13, 2015

VOL. 402 NO. 31 August 13, 2015

Airlines

article

Air Canada Sees Record 2Q Adjusted Earnings, Lower PRASM

Aug 12, 2015
As the airline works to build up its Canadian hubs with international traffic, Air Canada’s overall capacity grew 9.3%—largely stemming from increased seat density on flights operated by two-year-old LCC Air Canada Rouge and the addition of Boeing 787s into the mainline fleet.

Suppliers

article

Law Firms Line Up To Investigate Precision Castparts Sale Price

Aug 12, 2015
“The investigation concerns whether Precision’s directors are breaching their fiduciary duties by failing to adequately maximize shareholder value,” New York law firm Wolf Popper said in a statement.

Regulatory/Legislative

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Polynesian Applies For U.S. Cabotage Route In American Samoa

Aug 12, 2015
The route is believed to be the only cabotage route allowed by the U.S. government, Charles F. Donley, acting as counsel for Polynesian, told Aviation Daily.

Airports

article

Contract To Be Offered For Second Sydney Airport

Aug 12, 2015
Following the recent completion of formal consultations with Sydney Airport Corporation, the government will issue a notice of intention—essentially a contract proposal—covering the development and operation of the new facility to be located west of Sydney.
article

FAA Investigates Dallas Over Love Field Access

Aug 12, 2015
Dependent on FAA findings, Dallas could “be found ineligible to receive new FAA grants and payments under existing grants until the matter is resolved,” the agency wrote in a Notice of Investigation.

Safety

article

Australia Highlights E-Cigarette Risks In The Cabin

Aug 12, 2015
“A recent incident in the United States demonstrates the potential risk after a passenger found her e-cigarette was smoldering and smoking in her handbag after she got off her flight,” the ATSB said on its website.

Analysis

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Offshore Energy Operators Cut Aircraft, Jobs

Aug 14, 2015
LONDON—Reduced activity in the oil and gas industry caused by a fall in energy prices is continuing to weigh heavily on helicopter operators that support energy companies. International operators such as Bristow Group and CHC have cut flying rates and laid off pilots as their clients halt exploration work and reduce the numbers of people required to work offshore.

Forecasts/Industry Data

article

Airlinel Snapshot: Air China

Aug 14, 2015
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