Airline managers are increasingly optimistic about the year’s performance even with an acceptance that fuel costs will escalate, suggests the International Air Transport Association’s (IATA’s) latest business confidence survey.
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US Airways will assume American Airlines’ name and relocate to the Fort Worth-based carrier’s headquarters, Aviation Week has confirmed. Most of the details of US Airways’ proposal to buy AMR are still unknown, and in its announcement Friday the Tempe, Ariz.-based airline was hesitant to provide any concrete information apart from assertions that it would reduce AMR’s proposed job cuts from 13,000 to 6,800 and that there will be unspecified “enhancements to the compensation and benefits currently” provided AMR workers.
To list an event, send information in calendar format to Donna Thomas at [email protected] (Bold type indicates new calendar listing.) April 25-28—Airports Council International-NA Legal Affairs Conference, Charleston, S.C., www.aci-na.org/conferences May 7-9—Airports Council International-NA Airport Economics, Finance and Human Capital Conference, Nashville, Tenn., www.aci-na.org/conferences/ May 8-10—12th Annual European Business Aviation Convention & Exhibition, Geneva, Switzerland, 202-783-9000, www.nbaa.org
MTU Maintenance Zhuhai named Frank Bodenhage CEO, replacing Holger Sindemann, who will become managing director and senior VP of MTU Maintenance Hannover, based in Langenhagen, Germany.
Click here to view the pdf Aircraft Operating Costs and Statistics, 12 Months Ended June 2011Jet Aircraft Pages 7 and 8 of 11 757-200 Manufacturer: Boeing
Alitalia will appeal a ruling by Italy’s antitrust regulator that it operates a monopoly between Milan and Rome, one of its most profitable routes, arguing that it competes with a high-speed train link on the city-pair.
Oneworld member LAN Airlines and Star Alliance’s Grupo TAM are not expected to announce their alliance choice until the fourth quarter at the earliest, say sources with knowledge of the situation. Chilean regulators have demanded that the newly created Latam Airlines Group align with just one alliance to gain final approval for the merger, but there appears to be no set deadline on when that decision should be made. The carriers have repeatedly stated that a decision will come after the formal merger, which is now delayed until the end of May at the earliest.
Even in an environment where Congress is slashing discretionary funding, the Senate Appropriations Committee this week approved $956 million for the FAA’s NextGen air traffic modernization program in fiscal 2013, a 2% increase from last year.
The union representing Republic Airways pilots is telling a judge it has a free speech right to maintain a website that Republic Airways claims is affecting its ability to recruit new pilots for its three regional airline subsidiaries.
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The share price of the 89-year-old parent company of Cessna Aircraft, Bell Helicopter and Textron Systems rose more than 50% during the first quarter of 2012. And while the stock has declined a bit in April, it has recovered from a slump that began a year ago, when it became apparent that a rebound in the lower end of the business jet market was further off than anticipated.
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Alaska Air Group’s bag fee revenues dropped in the first quarter as passengers continued to revise travel practices; however, the operator expects other ancillary sales to improve and counter any losses from this shift.
Click here to view the pdf Fuel Watch: Global Jet Fuel Prices (midpoint) As of April 18, 2012• compared with previous week and previous year cts/gal prev. week prev.
Saab is looking at further acquisitions in the air traffic management (ATM) sector to maintain the market position it built up with last year’s acquisition of Sensis, CEO Hakan Bushke says. With the ATM industry going through consolidation, Bushke says more deals would be necessary to maintain Sensis’s position. Saab is attracted to the sector because the pace of growth in ATM is stronger than in other segments where the company is active, such as defense.
