The world's airlines posted a cumulative second-quarter net profit of $2.32 billion, down 40% from $3.71 billion in the year-ago period, IATA reported. For the first time in eight quarters, airline profits declined, with the exception of Europe, IATA said in its latest Airlines Financial Monitor released Wednesday.
The inclusion of international aviation in the EU's Emissions Trading Scheme (ETS) is fully compliant with international law and all relevant international agreements, Europe’s highest court said in a preliminary opinion Thursday.
Airbus has been selected to provide Air Traffic Management and Performance Based Navigation expertise for the FAA’s Greener Skies Initiative. As part of Boeing’s FAA System Engineering 2020 (SE-2020) team, Airbus will identify procedures that fully utilize aircraft precision navigation capabilities to reduce fuel burn, lower emissions and decrease noise.
IATA’s new chief has called for the European Union to abandon its plans to include aviation in the European Emission Trading Scheme (ETU) from 2012. Speaking at the Greener Skies conference in Hong Kong in early October, IATA DG Tony Tyler said the air transport industry is committed to its ambitious agenda to reduce carbon dioxide emissions, and he urged governments to use a global approach to reduce aviation’s carbon emissions that could also include a global ETS or other compensation measures.
Aviation is firmly at the crossroads when it comes to its commitment to a sustainable environmental future, warned Cathay Pacific Airways chief operating officer Ivan Chu, earlier this month. Addressing delegates at the fourth Greener Skies Aviation and Environment Conference in Hong Kong, Chu said, “Despite monumental efforts and tangible progress towards making sustainable aviation a reality, the challenge to address our environmental impact is even greater in the face of our continued growth as the demand for our services increases.
The US Air Transport Assn. (ATA) warned that nearly 10,000 airline industry jobs could be cut within one year if two new proposed passenger security and airline departure taxes are implemented.
US FAA Administrator Randy Babbitt said Congress has approved the agency's request to make changes to its organizational structure, including establishing a Program Management Office (PMO) to manage major acquisition programs, particularly those associated with implementing the satellite-based NextGen ATC system.
LAN Airlines said it will appeal some of the requirements set by the Chilean antitrust tribunal TDLC in conditionally approving the carrier's proposed merger with Brazil's TAM under LATAM Airlines Group.
Does your company offer “green” solutions in the aviation industry? Showcase your company and meet directly with the decision-makers in your target audience by sponsoring the 5 th Annual Eco-Aviation Conference. Choose from a variety of sponsorship packages currently available, or work with your sales representative to custom design a package that meets your budget. All sponsorships packages include the following:
We’re introducing a new feature for ATW’s 5 th Annual Eco-Aviation Conference in 2012: the Eco-Aviation Awards Ceremony and Gala Dinner. At the conclusion of June 21 st sessions, we will be honoring those companies in the aviation industry that are utilizing eco-friendly materials and concepts and highlighting how their progress affects the future of our industry. Awards criteria will be published soon!
Mark your calendars forJune 20-21, 2012 for ATW’s 5 th Annual Eco-Aviation Conference at the Renaissance Arlington Capital View Hotel in Arlington, Virginia.
ATW wants to provide you with a forum to offer you updates about the Annual Eco-Aviation Conference and provide you with editorial content on trends and current topics occurring within the industry that affect the environment. You may receive more timely issues of ATW’s Eco-Aviation Today as the Eco-Aviation Conference approaches. We hope you enjoy this new issue of ATW’s Eco-Aviation Today.
The US Transportation Security Administration (TSA) said Tuesday it has started testing "a limited, voluntary passenger pre-screening initiative with a small known traveler population at four US airports."
Rearden buys group commerce firm, raises $133 million in new funding Credit card surcharges to become the airline norm, AirPlus says Travelport Universal Desktop goes live Travelport succeeds in debt restructuring Carnival Cruise Lines develops ‘Travel Partner Toolbox’ Coverage from The Beat Live business travel conference World news briefing
Amadeus is moving into a global structure of three customer-facing commercial business units that will report directly to Luis Maroto, president and chief executive officer. The company also has made some changes in the marketing department. Ian Wheeler, vice president of marketing and distribution, and Edward Ross, director of global corporate marketing, left the company at the end of September. It was not clear whether or how they would be replaced.
United Continental Holdings deployed 11,000 iPads to all United and Continental pilots, replacing paper flight manuals, a process it hopes to complete by year’s end. Each 1.5 lb. iPad will replace approximately 38 lb. of paper operating manuals, navigation charts, handbooks, checklists, logbooks and weather information.
Several hundred flights have been canceled Wednesday owing to a 24-hr. air traffic controller strike by workers represented by the Greek Air Traffic Controllers Union and the Federation of Assn. of Hellenic Civil Aviation.
IATA has urged governments and aviation stakeholders to join airlines in a global partnership to improve aviation security and the experience of both travelers and shippers.
