Singapore Airlines has decided to ground one more of its Boeing 747-400 freighters at a desert in California, and does not rule out the possibility that it may park more aircraft.
The bankruptcy court overseeing AMR Corp.’s Chapter 11 reorganization should block the next step in the company’s plan to emerge from court protection and merge with US Airways because of the nearly $20 million in severance promised to Chairman and CEO Tom Horton, the U.S. Justice Department (DOJ) says. In a court filing late last week, the U.S. trustee—part of the DOJ—argues that the amount of the proposed payment in cash and stock violates the requirements of the U.S. bankruptcy code.
The Israel Airports Authority (IAA) has approved a foreign object debris (FOD) detection system that is now fully operational at Ben Gurion International Airport in Tel Aviv. The system is installed on the airport’s primary 0826 runway, the first of three runways planned to be equipped with a FOD detection system. IAA’s formal acceptance followed two years of evaluation. The automated FOD detection system, known as ‘FODetect’, is developed by the Israeli company Xsight Systems.
The next decade’s commercial aircraft deliveries in Eastern Europe look set to be dominated by mostly Western-built single-aisle aircraft, with narrowbody twins accounting for half of all the region’s deliveries through 2022 and some 30% of the delivered fleet likely to be regional aircraft.
June 6—National Business Aviation Association Business Aviation Regional Forum, White Plains, N.Y., 703-783-9000, www.nbaa.org June 12-13—Airline & Aerospace MRO & Operations IT Conferences - EMEA, Park Inn Hotel, London Heathrow, U.K., www.aircraft-commerce.com/conferences/EMEA2013/Home.asp June 13—ICM Aviation, Isle of Man Aviation Conference 2013, Royal Hall in the Villa Marina, Douglas, U.K., +44 1624 682 437, www.icmaviationconference.org/
Regional airlines are undergoing a period of change in everything from ownership and partner relationships to route systems and aircraft fleets, and this is helping trigger a shake-up of maintenance models.
Click here to view the pdf Top Carriers: Los Angeles - New York Kennedy May 15-21, 2013, Ranked By Scheduled Seats Top Carriers: Los Angeles - New York Kennedy May 15-21, 2013, Ranked By Scheduled Seats Daily Each Way Departures Share ASKs (000) Share Sea
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More than 15 months after assuming the CEO role at Brazil’s TAM Airlines, Marco Antonio Bologna has passed responsibility for running the carrier to Claudia Sender, vice president of TAM’s domestic operation.
Allegiant Travel Company, the parent of low-cost carrier Allegiant Air, has signed a $12.3 million deal to acquire a bigger corporate headquarters in Las Vegas that will be about double the size of its current offices. The lease on Allegiant’s current space does not expire until spring 2015, but an Allegiant spokeswoman says the deal was too good to pass up. “We’re just growing and we need more space, and we found a good opportunity,” she says. She expects a slow, multi-year move to the new headquarters.
Vueling Airlines’ board of directors approved a bid by majority owner International Airlines Group (IAG) to buy the remaining shareholders’ stock and delist the company. The May 24 offer by IAG, if accepted, will provide the parent of British Airways and Iberia the 9.49% of Vueling its does not currently own. The offer of €9.25 ($11.95) per share is the same price offered by IAG in April when it made a second attempt to take majority ownership of Barcelona-based Vueling.
An Air Wisconsin Airlines executive says the privately held regional carrier’s financial results are stabilizing after years of decline. But he adds that the airline will have trouble growing—and winning bids to fly larger regional jets—absent a new contract with its pilots that gives the carrier pay rates it believes are needed to win the new feeder contracts.
A year after Jet Aviation’s completions woes had “blemished” an otherwise strong financial performance at parent company General Dynamics (GD), Jet Aviation President Dan Clare says the business has put new systems and processes in place and that customers have been happy with the results.
By Greg Principato, President, Airports Council International-North America As the nation commemorates Memorial Day, we also celebrate the unofficial start of summer and kick off one of the year’s busiest seasons for air travel. But this summer could bring with it the beginning of more unnecessary delays for airline passengers as a result of the ongoing federal budget sequester.
Pinnacle Airlines’ court protected reorganization has given the company the lowest costs of any of the regional carriers conducting operations for Delta Air Lines, including costs that are 20% below the levels at SkyWest Inc.’s SkyWest Airlines and ExpressJet Airlines divisions, Delta CEO Richard Anderson says. Anderson, however, insists that the disparity does not mean Delta will automatically transfer more of its regional flying its new wholly-owned subsidiary as contracts with other regional carriers operators or new opportunities arise.
Click here to view the pdf Fuel Watch: Global Jet Fuel Prices (midpoint) As of May 23, 2013, compared with previous week and previous year cts/gal prev. week prev.
