Ex-Im’s authorization has been temporarily extended to the end of June, but a long-term renewal for the bank has run up against opposition from, among others, Delta Air Lines and conservative Republicans in Congress.
The development comes as Envoy concentrates flying at its two largest hubs: Dallas/Fort Worth and Chicago. Envoy still operates some flights from Miami, but employees were also told this week that Envoy will halt operations there later this year.
Cathay Pacific executives stress that while a new runway is vital for Hong Kong International Airport, raising user fees to pay for construction could be detrimental to the airport’s competitiveness versus other hubs.
Boeing conducted the initial functional check flight and handling qualities test sortie for its newly completed 757 ecoDemonstrator test aircraft on March 17.
According to Hogan, the carrier has always made clear that it received equity investment and shareholder loans. Those have been “supplemented” by $10.5 billion in loans from international institutions, Hogan told listeners at the U.S. Chamber of Commerce aviation summit in Washington D.C. on Tuesday.
“Open skies is probably the most powerful global aeropolitical tool,” Clark said, praising the U.S. government for negotiating liberalized treaties with more than 100 countries.
Airlines are getting more passengers onto fewer aircraft, using fewer flights to move them, and flying to bigger airports more frequently—with economic pressure on smaller regional jets only exacerbating the trends.
VC announced that it will stage a strike affecting all Lufthansa short- and medium-haul flights on March 18. The union said that Lufthansa needs to understand it is insisting on the contents of the current collective bargaining agreement and is not prepared to agree to cost cuts or efficiency measures.
That’s lower than the load factor goal of 75-80% that airline deputy CEO Peter Luethi outlined to Aviation Daily in a June interview (Aviation Daily, June 22, 2014).
The island’s first airport is expected to open in 2016 and will improve access to the territory, which now can only be reached by an irregular ship service from Cape Town, South Africa.
With a territory spanning thousands of islands, Indonesia makes an ideal market for small freighters, Airod Aerospace Chief Marketing Officer Syahril Shariff says. In Indonesia, air freight is often the only alternative to carrying goods domestically by sea.
FAA sees U.S. carrier passenger growth averaging 2% annually through 2035, a slight decline from last year’s outlook. While fuel’s “sharp” price decline “is a catalyst for a short-lived uptick,” the forecast projects $100-per-barrel oil by 2021, “keeping a lid on U.S. economic growth during the same period,” FAA says in its latest 20-year forecast. Capacity will grow 2.4% this year, compared with 2.2% last year, and will rise an average of 2.5% annually through 2035, FAA says.
“This is something [where] we would have said ‘No, we will never do that’ in the past, but this is something that we are exploring now. Stansted is quite open to exploring their U.S. possibilities as well,” Ryanair Chief Marketing Officer Kenny Jacobs affirmed earlier this month at the launch event of the airline’s new customer charter (Aviation Daily, March 6).
Traditional incentives—which include waiving landing fees and offering marketing support—are not enough. Nor is it enough for a city to base its assumptions on an economic-impact study showing how much revenue and economic activity a new route will generate for the airline and the community.
The opinion, published March 16, is the next step in EASA’s effort to “update and improve” its Basic Regulation, or overarching framework that defines the agency’s roles and responsibilities.
The pilots recovered to normal flight before returning for a non-eventful landing. Interfering with the glideslope transmitter was a Boeing 737 that had landed on a different runway and was waiting to cross Runway 23 to reach the terminal.
“The improving profitability of commercial carriers aided by the rapid drop in fuel prices, together with the abundant availability and low cost of capital, bode well for the growth of engine leasing,” CEO Charles Willis says.
Boeing builds its first two in-service variants of the 787, the 787-8 an 787-9, at both its facilities in Everett, Washington and in South Carolina, and will continue to do so.
