A number of countries opposing the European Union Emissions Trading Scheme (EU ETS) are due to meet again July 31, just as the EU considers intervening in the carbon market to inflate prices.
Airbus parent EADS reported second-quarter net income of €461 million ($562.6 million), well more than tripling a €121 million net profit in the prior-year period, as Airbus’ commercial revenue jumped 17% year-over-year to €9.09 billion.
Members of the Assn. of European Airlines (AEA) have criticized a European Commission proposal that aims to artificially inflate the cost of carbon permits traded in the European Union Emissions Trading Scheme (EU ETS).
A number of countries opposing the European Union Emissions Trading Scheme (EU ETS) are due to meet again July 31, just as the EU considers intervening in the carbon market to inflate prices.
The European Commission (EC) has approved United Technologies Corp.’s (UTC) proposed acquisition of Goodrich, but only if it sells some units, European Union antitrust regulators said Thursday.
Lufthansa Technik AERO Alzey has serviced the 1,000th GE CF34-series engine, for customer Lufthansa CityLine. Iberia Maintenance has received Pratt & Whitney certification to perform inspection and repair services on GG8 turbines. MTU Maintenance Hannover has repaired the group’s 3,000th V2500 engine. Marana Aerospace Solutions has completed heavy maintenance checks on two Boeing 717-200 aircraft for Turkmenistan Airlines.
Qatar Airways (QR) has confirmed it is one of the companies shortlisted by Saudi aviation authorities to operate domestic services in Saudi Arabia as the kingdom seeks to liberalize its airline regime.
Boeing is on track to ramp up 787 production to five aircraft a month by the end of this year and to 10 a month by late 2013, the company’s top executive said Wednesday.
Boeing has reported a second-quarter net income increase 2.8% to $967 million on revenues of $20 billion after its Commercial Airplanes group increased aircraft deliveries by 27%.
MTU Maintenance won a contract from German express cargo operator AeroLogic to maintain its GE90-100B engines powering its Boeing 777F fleet, plus its owned spare engines. GE Aviation signed a 15-year OnPoint solution agreement with Copa Airlines for the maintenance, repair and overhaul of 112 CFM56-7B engines powering its Boeing 737-700 and -800 aircraft. Boeing has expanded a landing gear exchange program contract with Norwegian Air Shuttle to cover an additional 15 737NG aircraft.
News from Travel Technology Update: Airlines’ ancillary revenue grew to $22.6 billion (€18.23 billion) in 2011, up from $21.46 billion (€15.11 billion) the previous year, according to the Amadeus Review of Ancillary Revenue Results for 2011, researched by IdeaWorksCompany.
Ft. Lauderdale, Fla.-based low-cost carrier (LCC) Spirit Airlines (NK) more than doubled a $16.9 million net profit in the 2011 June quarter with $34.6 million in net income for this year’s second quarter.
OpenTravel Alliance to host event for travel startups Farelogix to sell merchandising system as stand-alone Travelport launches revised version of Agencia DOT imposes first fine under price advertising rule Datalex powers SITA’s updated Horizon E-Commerce platform In Focus: Amadeus moves to get Europe’s rail companies on board World news briefing
Airlines’ ancillary revenue grew to $22.6 billion (€18.23billion) in 2011, up from $21.46 billion (€15.11 billion) the previous year, according to the Amadeus Review of Ancillary Revenue Results for 2011, researched by IdeaWorksCompany. The report also found airline strategies evolving from the quick “money- grab mentality” that marked their earlier efforts.
The US Transportation Security Administration has announced plans for the second phase of the industry’s Known Crewmember (KCM) initiative, which offers expedited security screening to verified flight attendants employed by US-based airlines.
MTU Maintenance Canada has opened a new accessory repair center in Vancouver. The 35,000 sq ft building is leased from Vancouver Airport Authority and has been modified for MTU use, and will include a new fuel control test stand. FL Technics signed an indefinite-term line maintenance agreement with Ural Airlines to provide comprehensive line support for the carrier’s entire fleet of Airbus A320s and A321s in Krasnodar, Russia.
Jazz Aviation LP has reached a tentative labor contract with its maintenance and engineering employees represented by the Canadian Auto Workers (CAW) Local 2002.
ATW held its Inaugural Eco-Aviation Awards on the evening of June 21, 2012. Six winners were honored for demonstrating leadership in the field of eco-aviation. If you were not there you can still witness the excitement and see the winners’ acceptances by viewing the videos at ATWOnline.com. Click here to view all of the 2012 Eco-Aviation Award winners’ videos.
Tangible benefits are already evident with elements of NextGen, panelists told attendees at ATW’s 5th Annual Eco-Aviation Conference in Washington DC June 21. “We’re already seeing benefits,” FAA assistant administrator for policy, international affairs and environment Julie Oettinger said.
Commercial aircraft and engine manufacturers said the global airline industry can meet its goal of “carbon neutral” growth from 2020 if the right mix of technologies and investments are pursued by companies and governments.
A "poster child" for sustainable development, the aviation industry is continually progressing toward sustainability, Airlines for America (A4A) VP-Environmental Affairs Nancy Young told attendees at ATW's 5th Annual Eco-Aviation Conference in Washington DC June 21 —but she noted it is a journey that could be hindered by the European Union Emissions Trading Scheme (EU ETS).
Airbus and Israel Aerospace Industries (IAI) have secured European competition clearance for their newly established Taxibot joint venture. Taxibot is a semi-robotic, pilot-controlled tug that powers large commercial aircraft to and from the runway under the aircraft’s controls, cutting the need for engine use on taxi ( ATW Daily News, July 1, 2009).
IATA said it expects ICAO to fully develop a standard for carbon dioxide (CO2) emissions by the end of 2013, a move that is being welcomed by airlines and industry but which so far does not seem to have prompted the European Commission (EC) to change track on its emissions trading scheme.
