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Magazine Issue

Aviation Daily, August 20, 2015

VOL. 402 NO. 36 August 20, 2015

Airlines

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LOT CEO Resigns As Privatization Stalls

Aug 19, 2015
LOT Polish Airlines CEO Sebastian Mikosz has announced his resignation after the government delayed privatization of the airline yet again. The airline said Mikosz will leave Sept. 17 after little over 18 months on the job. The CEO, who has been in the airline’s top job twice, says he is leaving because the Polish government will not go ahead with the planned sale of the national carrier. Mikosz was hired back with a mandate to turn around and sell the airline.
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IAG Take-Over of Aer Lingus Set for Completion

Aug 21, 2015
Aer Lingus shares are to be de-listed, and control and ownership of the Irish flag carrier is moving to International Airlines Group (IAG) after Ryanair’s formal acceptance of the IAG offer. Ryanair’s board voted unanimously to sell its near-30% shareholding in Aer Lingus on July 10; however, the LCC refrained from accepting the IAG offer at the Aer Lingus last month. It also deliberately missed the July 30 deadline for Aer Lingus shareholders to accept the offer.
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Cathay Boosts Profits Despite Yield, Cargo Pressures

Aug 19, 2015
Cathay Pacific is benefiting from strong demand across most of its international network, although it also faces headaches from declining yields and a slowdown in cargo markets. The carrier reported a dramatic improvement in profit for the six months through June 30. While this was partly due to healthy economy class traffic, it was also boosted by other factors, including declining fuel costs and improvements by subsidiaries and companies in which Cathay holds stakes, such as Air China.
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OneJet Takes Unique Approach to Connecting Former Hubs

Aug 19, 2015
New Boston-based carrier OneJet is taking a unique approach to filling holes in service at former hub cities, using mass distribution channels to fill seats on seven-seat Hawker 400 jets. Since launching four-times weekly flights between Milwaukee and its main focus city of Indianapolis in April, OneJet has also added service to those cities from Pittsburgh and introduced service to Nashville and Memphis from Indianapolis as well.
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Allegiant Air Implements 24/7 Call Center

Aug 19, 2015
Fast-growing Allegiant Air has finally started keeping its Las Vegas customer service call center open 24 hours a day, seven days a week, a spokeswoman told Aviation Daily.
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SAS Plans Major U.S. Expansion, Including Los Angeles

Aug 21, 2015
LOS ANGELES—SAS will add three new U.S. routes next year as part of a major U.S. expansion, and the first will be Los Angeles-Stockholm from in mid…
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Profits Spur Expansion For Fiji Airways

Aug 21, 2015
Fiji Airways is preparing to expand its long-haul network as the carrier’s recent restructuring continues to yield strong financial results. In a…

Intelligence

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Air China To Start Beijing-Mumbai Flights In October

Aug 21, 2015
Air China will launch 4-times-weekly Beijing-Mumbai Airbus A330-300 flights from Oct. 25. The first direct service between Beijing and Mumbai will…

Safety

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BEA Cautions Authorities On Legacy Airbus A320 Guidance Computers

Aug 19, 2015
The French civil aviation investigative authority, BEA, is asking EASA and Airbus to consider issuing an airworthiness directive that would force operators of hundreds of Airbus A320-family aircraft to replace legacy flight management guidance computer with an updated version.

Forecasts/Industry Data

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Airline Snapshot: Turkish Airlines

Aug 21, 2015
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