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Magazine Issue

Aviation Daily, November 14, 2016

VOL. 406 NO. 31 November 14, 2016

Regulatory/Legislative

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Canada Will Amend Foreign Ownership Restrictions

Nov 11, 2016
BOSTON—Airlines have had mixed reactions to a new transportation policy recently unveiled by Canadian Transport Minister Marc Garneau, which calls for legislation to change foreign ownership rules as well as several other initiatives. “International companies will be able to own 49% of an airline in Canada—up from the current 25%—but a single foreign investor, or combination of foreign investors, will be capped at a maximum of 25%,” the transport minister said during a Nov. 3 speech in Montreal.
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U.S. Transportation Department Fines Qatar Airways $185,000

Nov 11, 2016
The U.S. Transportation Department (DOT) is fining Qatar Airways $185,000 for flying in prohibited foreign airspace with the American Airlines code. The DOT did not specify where the Qatar flights were when they violated FAA restrictions on flying in prohibited airspace. The flights occurred in late 2014 and early 2015.

Airlines

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Volaris Secures Approval For Costa Rica Subsidiary

Nov 11, 2016
Mexican ULCC Volaris has received approval from Costa Rica’s aviation authority to set up an airline there. Volaris Costa Rica plans to start operations on Dec. 1, Volaris CEO Enrique Beltranena said in a Nov. 10 statement. “This news means a lot to us at Volaris, because it represents the opportunity to grow and expand to other markets, being able to connect Central America,” he said.

Airframers/Suppliers

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Turnaround Momentum Boosts Bombardier’s Financials

Nov 10, 2016
Bombardier has raised its expectations for profitability and cash performance in 2016, as third-quarter results show the Canadian company’s turnaround plan is gaining momentum.

Suppliers

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Spirit AeroSystems Studies Program Expansion

Nov 11, 2016
Spirit AeroSystems is looking at ways to grow its core aerostructures business, which could include business jet, regional jet, military and space programs, the company’s top executive said during a speech at a Wichita Aero Club luncheon here Nov. 10.

Propulsion

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Comac Begins C919 Leap 1C Engine Runs

Nov 11, 2016
CINCINNATI, Ohio—The CFM Leap 1C engines on the prototype Comac C919 aircraft have been started for the first time, marking a long-awaited milestone on the road to first flight.

Industry Data

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U.S. Airlines Systemwide Seasonally-Adjusted Passengers

Nov 14, 2016
View the U.S. Airlines Systemwide Seasonally-Adjusted Passengers chart in PDF format.
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SpeedNews Aircraft & Engines Marketplace

Nov 14, 2016
View the SpeedNews Aircraft & Engines Marketplace chart in PDF.

Calendar of Events

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Upcoming Events

Nov 14, 2016
To list an event, send information in calendar format to Donna Thomas at [email protected]. For a complete list of Aviation Week Network’s upcoming events, and to register, visit www.aviationweek.com/events (Bold type indicates new calendar listing.) Nov. 14-16—IASS 2016 — 69th annual International Air Safety Summit, Dubai, United Arab Emirates, https://flightsafety.org/events/