Europe’s go-it-alone approach on its controversial airline carbon tax is driving discord where there needs to be harmony, IATA DG Tony Tyler told a Washington audience Thursday.
Aeroflot (SU) has taken delivery of its sixth Sukhoi Superjet 100 (SSJ100) at Komsomolsk-on-the Amur (KXK). The aircraft, painted in the SkyTeam livery, flew from KXK to Moscow March 5. The carrier, which has 30 SSJ100s on order, operates five aircraft on its domestic and international routes.
As the global aviation industry modernizes—specifically with initiatives such as NextGen and SESAR—Boeing Commercial Airplanes VP-environment and aviation policy Billy Glover doesn’t see the upheaval as a detriment to airlines, which he characterizes as resilient.
Cooperation and understanding of the importance of the aviation industry from governments are key for the industry going forward, FedEx Express president and CEO Dave Bronczek said Thursday at the FAA Aviation Forecast Conference in Washington.
Opportunities for new entrants in the US airline market will be more limited over the next five years, Airlines for America’s (A4A) chief economist said Thursday.
China is blocking airlines from placing Airbus aircraft orders in retaliation against the new European aviation carbon tax, the head of Airbus parent EADS said Thursday.
Airbus parent company EADS reported better than expected fiscal 2011 full-year results and record airliner deliveries, posting net income up 76% to €1.1 billion ($1.4 billion). EADS’ revenues increased 7% to €49.1 billion.
Acting FAA administrator Michael Huerta said the agency is optimistic about strong, long-term US air passenger traffic growth despite a near-term stagnation in capacity expansion.
Increasing US regulatory interference in the business of airlines is a retreat from the free market principles that are the basis of deregulation and could have unintended negative consequences, IATA DG Tony Tyler told a Washington audience Thursday.
The European Union’s approach in passing its Emissions Trading Scheme (EU ETS) tax “was totally wrong,” US Transportation Secretary Ray LaHood said in his opening remarks at the 37th annual FAA Aviation Forecast Conference in Washington Thursday.
FAA forecasted that US airlines' collective traffic will grow at an average annual rate of 3.2% over the next 20 years to reach 1.57 trillion RPMs by 2032, down 15.8% from the 3.8% average annual passenger traffic growth rate predicted by the agency last year.
Increasing US regulatory interference in the business of airlines is a retreat from the free market principles that are the basis of deregulation and could have unintended negative consequences, IATA DG Tony Tyler told a Washington audience Thursday.
Acting FAA administrator Michael Huerta said the agency is optimistic about strong, long-term US air passenger traffic growth despite a near-term stagnation in capacity expansion.
China is blocking airlines from placing Airbus aircraft orders in retaliation against the new European aviation carbon tax, the head of Airbus parent EADS said Thursday.
Opportunities for new entrants in the US airline market will be more limited over the next five years, Airlines for America’s (A4A) chief economist said Thursday.
The European Union’s approach in passing its Emissions Trading Scheme (EU ETS) tax “was totally wrong,” US Transportation Secretary Ray LaHood said in his opening remarks at the 37th FAA annual Aviation Forecast Conference in Washington Thursday.
Airbus parent company EADS reported better than expected fiscal 2011 full-year results and record airliner deliveries, posting net income up 76% to €1.1 billion ($1.4 billion).
FAA forecasted that US airlines' collective traffic will grow at an average annual rate of 3.2% over the next 20 years to reach 1.57 trillion RPMs by 2032, down 15.8% from the 3.8% average annual passenger traffic growth rate predicted by the agency last year.
BAE Systems Regional Aircraft will place extra consignment stock of aircraft spares for the Avro RJ close to London City Airport for the duration of the Olympic Games, it said. Relativity Capital has relaunched and renamed its 460-acre commercial aircraft maintenance, repair and overhaul facility in Marana, Arizona March 6. The facility was formerly Evergreen Maintenance Center, and was acquired by Relativity in May 2011.
The Chinese government has raised domestic jet fuel prices to CNY7,725 ($1,222) per ton, up 3.48% from CNY7,465 per ton as the cost of international oil continues to climb.
Air France KLM Group (AF KLM) has announced organizational changes in its finance departments “in line with the orientations defined by Air France KLM board of directors in October 2011,” when it ousted Pierre-Henri Gourgeon as CEO of AF KLM Group and CEO of AF in the wake of worsening financial performance.
The FAA is seeking a civil penalty of $153,000 alleging that Colgan Air (9L) operated 17 flights without giving pilots or flight attendants the required minimum amount of rest.
