Demand for US Export-Import Bank funding is significantly down as airlines are able to find alternative financing solutions, according to a senior Ex-Im Bank executive.
Increased new aircraft production, the emergence of aircraft age restrictions in many countries, engine OEM support, and limited financing are major barriers to remarketing used aircraft according to an expert panel speaking at the ISTAT Americas 2013 conference in Orlando.
News from Travel Technology Update: IATA filed an application with the US Transportation Dept. for approval of Resolution 787, the agreement that establishes the framework for its New Distribution Capability (NDC).
The grounding of the Boeing 787 is lifting demand for Airbus A330s and Boeing 767s, according to Jeffrey Knittel, CIT Aerospace president-transportation finance.
Middle Eastern carriers continue to make headlines: Emirates has entered into a 10-year global partnership with oneworld alliance member Qantas; Etihad Airways has formed a strategic partnership with SkyTeam member Air France-KLM and oneworld’s Air Berlin; and Qatar Airways is set to become the first major Gulf carrier to enter into one of the three global airline alliances when it becomes a full member of oneworld in about 12-18 months.
Reports on eco-aviation endeavors typically focus on biofuels progress, or the latest strides towards optimized flight management, or give case studies on airline and aircraft recycling initiatives. This overlooks another critical element: people.
For most of the industry, the cargo side of business continues to be challenging. But Russian carriers are pursuing goals of growing their international freight market share despite a tough business environment and considerable local hurdles.
November marks two significant events in the ATM calendar—both aimed at generating benefits for airspace users. The first is the implementation of the ICAO Flight Plan 2012 (FPL2012), a revised flight plan format aimed at further exploiting the onboard capabilities of modern aircraft. The second is the 12th ICAO Air Navigation Conference that will bring together the aviation community to gain consensus, obtain commitments and formulate recommendations for building a harmonized global air navigation system for international civil aviation.
“Here begins our tale. The empire, long divided, must unite; long united, must divide.”—There is no better description than this famous Chinese saying to summarize the growing trend in which Chinese major carriers are launching local airlines with different local municipal or provincial governments. The trend is known as the “new enclosure movement.”
For three decades, loyalty programs have been the core of airline customer relationship management (CRM). While they remain a key element, airlines and technology providers are looking beyond frequent flier programs to reach customers in new ways. The mobile channel is enabling airlines to manage customer relationships in real time. Social media are providing airlines with new data about their customers. Other new technologies are breaking down traditional airline “silos” and allowing the integration of systems to make CRM work.
Over the last 10 years, 37 airlines have been started in Africa and 37 have failed. This was the startling statistic given by FastJet CCO Richard Bodin, speaking at World Route Development Forum in Abu Dhabi.
Although the journey began eight years earlier, in April 2004 when All Nippon Airways (ANA) became launch customer for 50 aircraft, the Boeing 787 Dreamliner’s true starting-block moment came on Oct. 26, 2011. When flight NH 7871 took off from Tokyo Narita bound for Hong Kong, the 787’s entry into commercial service began.
A J Walter Aviation’s (AJW) recent acquisition of the component maintenance business of bankrupt Montreal-based Aveos Fleet Performance is a two-part story. One half tells how an opportunistic London-based company continues to strengthen its aircraft services empire worldwide with this purchase. The other half of the tale reveals how component maintenance is growing faster than airframe and engine maintenance and how AJW is capitalizing on the trend.
The airline business remains a risky one in the second decade of the 21st Century. Aircraft maintenance reflects the traffic and financial risks of the industry it supports, with added risks distinctive to the aftermarket.
When the US Transportation Security Administration (TSA) was created in November 2001 in the wake of the 9/11 terrorist attacks, few would have predicted the extent to which the new agency would grow. By the end of January 2002, TSA—which started life as a Dept. of Transportation agency, but moved to the newly created Dept. of Homeland Security in early 2003—comprised 13 employees. Today the agency employs approximately 120 federal security directors (FSD), 37,000 full-time and 14,000 part-time security officers. It screens approximately 1.7 million passengers daily at over 450 US airports.
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Boeing’s proposed fix for the 787 is a permanent solution that will ensure the aircraft’s safe and reliable operation, Boeing Commercial Airplanes VP-marketing Randy Tinseth said Monday.
It is no surprise that the final investigation report into the crash of Air France flight 447, an Airbus A330, on June 1, 2009, concluded there were two essential elements: first, the icing and subsequent blockage of the pitot tubes and second, poor pilot management of the situation that took the aircraft out of its flight envelope.
