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August 12, 2015

Boeing to Support British Airways 787 Dreamliners With Component Services

Program Designed To Reduce Cost And Increase Efficiency

Boeing has signed a contract with British Airways to provide Component Services for its 787 Dreamliner fleet. Under the 12-year agreement, Boeing will supply British Airways 787s with a carefully selected pool of high-value parts, enabling the airline to reduce its inventory management costs while improving component availability.

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AD: The Boeing Company Airplanes

AD NUMBER: 2015-16-01

PRODUCT: Certain Boeing Model 737 airplanes.

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Airline Consumer Complaints Up From Previous Year

Climbed 20 Percent Over Same Period In 2014

Airline consumer complaints filed with DOT’s Aviation Consumer Protection Division during the first six months of this year were up 20.3 percent from the first six months of 2014, according to the U.S. Department of Transportation’s Air Travel Consumer Report.

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Berkshire Hathaway Inc. To Acquire Precision Castparts Corp.

PCC Will Remain Headquartered In Portland, OR As A Wholly Owned Subsidiary Of Berkshire Hathaway

The boards of directors of Berkshire Hathaway Inc. and Precision Castparts Corp. have unanimously approved a definitive agreement for Berkshire Hathaway to acquire, for $235 per share in cash, all outstanding PCC shares. The transaction is valued at approximately $37.2 billion, including outstanding PCC net debt.

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