Moody’s says it does not see near-term catalysts for driving crude oil barrel prices higher, and in fact, a “tidal wave” of new oil rig deliveries further will make 2015 the “toughest year” yet for offshore drillers.
The threat of regulatory penalties could be a further serious blow to Indonesia AirAsia, in addition to the brand damage that is likely to result from the loss of flight QZ8501.
The new airline will adopt Air Arabia’s business model and establish a hub at Amman Queen Alia International Airport, the LCC’s fifth hub in the Middle East and North Africa.
At least two more managers may be under scrutiny of the Central Commission for Discipline Inspection, which is the Communist Party office charged with investigating alleged instances of bribery and embezzlement throughout the state sector, local media report.
Under coordination by ProSky to facilitate implementation and training of new air traffic controllers, the four countries’ air navigation service providers will work to implement procedures that include Required Navigation Performance (RNP) approaches and arrivals and RNP-to-ILS (instrument landing system) transitions.
China finally has an indigenously designed airliner, following the issue of a type certificate for the Comac ARJ21-700 regional jet by the country’s civil aviation authority.
The route commemorated AirTran’s first flight in 1993 and was operated with a Boeing 717, an aircraft type which Southwest had inherited from AirTran and is removing from the integrated fleet.
Alitalia and Etihad Airways on Dec. 23 confirmed they have completed all the formalities related to the transfer of air transport operations from Alitalia CAI to the new Alitalia SAI, or Società Aerea Italiana.
Delta Air Lines argues that it is operating its Seattle-Tokyo Haneda route in full compliance with U.S. Transportation Department (DOT) rules, and DOT has “no lawful basis” to reconsider the route allocation and cannot “lawfully strip” Delta of the authority. DOT said it would reconsider the authority after American Airlines and Hawaiian Airlines claimed Delta is operating the route just enough to prevent triggering the 90-day dormancy rule. Delta has said it has cut flights due to seasonality and will ramp its schedule up for the summer season.
In observance of the year-end holiday season, the Dec. 24 issue of Aviation Daily is the last issue this year. The next issue will be dated Jan. 6, 2015. In the interim, subscribers can visit the Aviation Week Intelligence Network (awin.aviationweek.com).
Earlier this month, Norwegian filed a formal complaint to the European Commission (EC) and European Free Trade Area Surveillance Authority (ESA), claiming SAS receives “differential treatment” when it comes to traffic rights.
The new department—which should be up and running early next year—is an initiative of the Dutch airline’s new CEO Pieter Elbers, who was appointed in October to speed up KLM’s lagging restructuring efforts.
September’s total traffic growth was 2.3% year-over-year. In October, premium traffic was up 2.9% year-over-year (0.6 points above September) and economy traffic grew 3.7% (up 1.4 points from September).
