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Magazine Issue

Aviation Daily, February 27, 2017

VOL. 407 NO. 38 February 27, 2017

Airlines

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Spirit: Legacy Fare Matching Not A Serious Threat

Feb 24, 2017
Spirit Airlines President and CEO Robert Fornaro says legacy carriers are offering prices that match those of the ultra-LCCs, but not in enough volume to pose a serious threat.
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Airbus A321LR To Populate IAG Transatlantic Fleet

Feb 24, 2017
International Airlines Group plans to use an incoming fleet of Airbus A321LR for transatlantic services from various European countries, according to CEO Willie Walsh.
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ANA Holdings Boosts Stake In LCC Peach

Feb 24, 2017
All Nippon Airways Holdings has extended its control over LCC Peach, as it acquires a greater share of the joint venture.
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Spirit CEO Says Legacy Fare Matching Not A Threat

Feb 28, 2017
Spirit Airlines President and CEO Robert Fornaro says legacy carriers are offering prices that match those of the ultra-LCCs, but not in enough volume to pose a serious threat.

Airframers/Suppliers

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Boeing Trims 737/777 Supply Base

Feb 24, 2017
As the latest part of Boeing’s top-to-bottom supply chain shakeup, the manufacturer is to bring production of 737 and 777 flap-actuation systems in house.

Suppliers

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TransDigm Buys Cockpit Restraints, Airbag Businesses

Feb 23, 2017
Master aerospace acquirer TransDigm Group said Feb. 22 it has acquired the stock of Schroth Safety Products of Germany, and certain aviation and defense assets and liabilities from subsidiaries of Takata for about $90 million total in cash.
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Safran Pledges To Drive Forward Zodiac Buy

Feb 24, 2017
French aerospace manufacturer Safran said it wants to move forward with its planned acquisition of Zodiac Aerospace following criticism of the plan, as it published a 21.7% jump in full-year net profit and a rise in orders.

Safety

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Canada Suffers ‘Buckle Up’ Blues Over Instruction Tone

Feb 24, 2017
The peculiarity highlights the difficulty that airlines and regulators globally face with passenger compliance to “seatbelt on” indicators and announcements.

Cargo

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2016 ‘Historic’ For Atlas Air

Feb 24, 2017
Atlas Air Worldwide Holdings earned a 2016 net profit of $41.5 million, a nearly sixfold increase over 2015 net income of $7.3 million.

Lessors

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ALC CEO: Passenger Growth ‘Fundamental Stimulus’

Feb 24, 2017
Los Angeles-based commercial aircraft lessor Air Lease Corp. posted a 2016 net profit of $374.9 million, up 48% from $253.4 million net income in 2015.

Calendar of Events

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Upcoming Events

Feb 27, 2017
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.) Mar. 2—Aviation Week Laureate Awards, National Building Museum, Washingotn, D.C., http://laureates.aviationweek.com/la17/Public/Enter.aspx

Industry Data

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ALTA Passenger Traffic—December 2016

Feb 27, 2017
View the ALTA Passenger Traffic - December 2016 chart in PDF.
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SpeedNews Aircraft & Engines Marketplace

Feb 27, 2017
View the SpeedNews Aircraft & Engines Marketplace chart in PDF