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Aviation Daily, October 23, 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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Magazine Issue

Aviation Daily, October 23, 2015

Airlines

article

Norwegian Buys More 787-9s, Confident on DOT Approval

Oct 22, 2015
Norwegian Air Shuttle has finalized an order for 19 Boeing 787-9s, plus options for 10 more, as it appears to be inching closer to receiving a foreign air carrier permit from the U.S. Transportation Department (DOT) for its Irish subsidiary.
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United Promises No Major Changes Under Acting CEO

Oct 22, 2015
United Airlines executives said little on Oct. 22 about the status of new CEO Oscar Munoz—who suffered a heart attack Oct. 15 and is on medical leave—but acting CEO Brett Hart told analysts there “will be no dramatic changes” soon in regards to the airline’s overall leadership team, promising the remaining senior management team can run operations.
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Southwest Third-Quarter Net Profit Rises 77.5% On Robust Capacity Growth

Oct 22, 2015
Southwest Airlines earned net income of $584 million in the third quarter, up 77.5% from a net profit of $329 million in the September 2014 quarter, as the carrier continued to grow capacity at a faster rate than other major U.S. airlines.
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Alaska Airlines Sees Strong Profitability Despite Competition

Oct 22, 2015
Despite competition from its rivals, Alaska Airlines says that it is seeing strong profitability this year.
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Allegiant Says It Is Immune To Competitive Pressures

Oct 22, 2015
Allegiant CEO Maury Gallagher said this week he is not surprised legacy carriers have been more aggressive in their pricing strategies recently, but suggested his airline is immune to competitive pressures because it of its unique model.

Fuel Watch

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Global Jet Fuel Prices As of October 21, 2015

Oct 24, 2015
/site-files/aviationweek.com/files/uploads/2015/10/avd_10_23_2015_fuelw.pdf Fuel Watch Global Jet Fuel Prices (midpoint)* As of October 21, 2015,…

Environment

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Think Tank Says ICAO Must Do More To Promote Fuel Efficiency

Oct 22, 2015
A Washington-based think tank concluded that an emission standard for carbon dioxide (CO2) that is being developed by the International Civil Aviation Organization (ICAO) will need an “extra incentive” to spur airframers to build—and airlines to demand—more fuel-efficient aircraft.

Forecasts/Industry Data

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Spirit Airlines Fuel Cost 2014 vs 2015

Oct 24, 2015
/site-files/aviationweek.com/files/uploads/2015/10/avd_10_23_2015_cht1.pdf Spirit Airlines Fuel Cost 2014 vs 2015 Year Month Domestic International…