IATA, in its May/Jun-2011 Airlines Finance Monitor, stated airline share prices were 12% down so far this year, compared with a 2% rise in worldwide share prices. Higher oil prices and slower economic growth will damage airline profits more than the profitability of most sectors, IATA said. Meanwhile...
Facing a deadline of 1-Jan-2012 when the EU emissions rules take affect, the US airline industry has finally challenged the European Union’s emissions trading scheme (ETS) filing a case yesterday before the European Court of Justice (ECJ) charging the unilateral imposition of the ETS contravenes international...
Worldwide passenger traffic grew significantly in May-2011 with total passenger numbers up by an encouraging 6.6% on a worldwide basis. However, freight declined slightly in the month, according to ACI. IATA has similarly noted the renewed expansion in May-2011 after a soft patch during the previous...
Terrafugia, developer of the Transition Roadable Aircraft (also known as the Flying Car), officially received a grant of all of the special exemptions it had requested from the National Highway Traffic Safety Administration (NHTSA). Continue Reading »===> Posted on July 5th, 2011 by Janice Wood...
The FAA has mandated that by 2020, all commercial aircraft — and small aircraft flying near most airports — must be equipped with a new tracking system, ADS-B, that broadcasts GPS data, providing more accurate location information than ground-based radar. In anticipation of the deadline, the FAA...
Pakistan’s aviation industry has struggled in recent years due in large part to the poor performance of national carrier Pakistan International Airlines (PIA), which continues to be supported by majority owner, the Pakistan Government, as the carrier’s losses continue to flow.
Officials at Commander Premier Aircraft Corporation, which recently filed for protection under Chapter 11 of the Federal Bankruptcy Code, sought to clarify its situation, noting the company is actively seeking a buyer or a partner to help it emerge from bankruptcy. Continue Reading »===> Posted...
On June 30 The Museum of Flight's rare, Boeing B-17F returned to a place in the sun. The aircraft has been undergoing restoration for 20 years, and was last on extended display at the Seattle museum in 1999. Continue Reading »===> Posted on July 5th, 2011 by Janice Wood. No comments. ©...
Ironic: A member of Congress lecturing the FAA Administrator on financial stewardship. From Tuesday's (July 5) edition of The [Tacoma, WA] News Tribune: "We need to see a realistic strategy for funding NextGen," she [Sen. Patty Murray, D-Wash.] told FAA Administrator Randy Babbitt at a May hearing. "...
WASHINGTON, D.C. – The FAA and the National Air Traffic Controllers Association (NATCA) have reached an agreement on fatigue recommendations Continue Reading »===> Posted on July 5th, 2011 by Janice Wood. No comments. © GAN 2011.
With the clock ticking down on an impending lawsuit aimed at producers and sellers of leaded avgas in California, a new company, Clear Gas, formed in May by a group of pilots in the Merced area, will deliver lead-free, ethanol-free autogas to airports, marinas, race tracks and all off-road appplications...
There's a neighborhood near South Carolina's Greenville Downtown Airport (GMU) full of grandparents who host their grandkids for a week during the summer. That's why the residents of The Cliff at Glassy formed a Grandparents Camp, which recently visited GMU. Continue Reading »===> Posted on...
Due to a surge in interest fueled by recent news of several high-profile participants, The National Aviation Hall of Fame (NAHF) has extended its deadline for the public to purchase seats to its two upcoming annual celebrations. Continue Reading »===> Posted on July 5th, 2011 by Janice Wood....
Hamilton returns later this month as the official timekeeper at EAA AirVenture in Oshkosh, as well as hosting the outdoor fly-in movie theater. Hamilton’s newest aviation partner, Christine “CC” Gerner, an aerobatic pilot with years of airshow performances, will perform on July 26 in her Hamilton...
Cirrus Aircraft's SR20 aircraft has been selected as the aircraft of choice for the U.S. Air Force Academy's Powered Flight Program. The Air Force Academy will receive 25 SR20 aircraft — designated as T-53A trainers in the customized configuration — starting this summer and continuing through 2012...
CAV Aerospace has received FAA certification as a Part 145 repair station for the proprietary TKS ice protection system. Its facility at the Salina Airport in Salina, Kan., is now approved to repair TKS ice protection components. Continue Reading »===> Posted on July 5th, 2011 by Janice Wood...
West Star Aviation will provide maintenance services to TAC Air’s latest facility at Spirit of St. Louis Airport (SUS). The facility, previously operated by Signature Flight Support (Executive Beechcraft), was recently acquired by TAC Air, which will provide fuel and other ramp services at this and...
Landmark Aviation has named Brad Bruce General Manager of Charter Operations. Continue Reading »===> Posted on July 5th, 2011 by Janice Wood. No comments. © GAN 2011.
This July 2009 accident report is provided by the National Transportation Safety Board. Published as an educational tool, it is intended to help pilots learn from the misfortunes of others. Aircraft: Cessna 210. Injuries: None. Location: Santa Teresa, N.M. Aircraft damage: Substantial. What reportedly...
There's "BRIC" and "N11" and now CIVETS, a disparate collection of countries (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) that are all dynamic emerging economies with inflation under control and sophisticated financial systems with an absence of "sovereign debt bombs". In addition...
Ben Visser is an aviation fuels and lubricants expert who spent 33 years with Shell Oil. I recently received a question from reader Bill Blank asking whether there was more BTUs in higher octane fuels and if there was any reason to use a higher octane fuel if a vehicle ran knock free on a lower octane...
The 43rd annual Arlington Fly-In opens today, July 6, and runs through Sunday, July 10, at the Arlington Municipal Airport (AWO) in Washington. Continue Reading »===> Posted on July 6th, 2011 by Janice Wood. No comments. © GAN 2011.
The BD-Micro Technologies (BMT) FLS Microjet completed Phase I flight testing May 5. All performance expectations were either met or exceeded, according to company officials, who say the jet is better known as the “James Bond jet.” Continue Reading »===> Posted on July 6th, 2011 by Janice...
The FAA today marked the 75th anniversary of federal air traffic control. Continue Reading »===> Posted on July 6th, 2011 by Janice Wood. No comments. © GAN 2011.
Growth in scheduled airline operations showed continued signs of moderating in Jul-2011, according to the latest statistics from OAG for Jul-2011. LCC growth, however, continued to rise, with LCCs now having a worldwide scheduled capacity share of 25%, with an additional 7.5 million seats in the gloabl...
Star Alliance will enhance its position in China, particularly in the fast-growing Pearl River Delta region, by adding Shenzhen Airlines as its second Chinese member. Only two Star members currently serve Shenzhen but the city is the fifth largest in China and is strategically located between Hong Kong...
The growth of international traffic and tourism to/from Bangladesh is facing continued challenges in 2011. National flag carrier Biman Bangladesh Airlines is reportedly on the verge of bankruptcy, weighed down by a considerable debt burden. Bangladesh is also struggling to upgrade its infrastructure...
Need just a little more incentive to attempt a world record? From July 6 through Sept. 30, pilots setting a world record through the National Aeronautic Association in a fixed-wing aircraft will be eligible to receive a leather flight jacket inscribed with the NAA Logo and the words "World Record Holder...
Yesterday on the Senate Floor, U.S. Sen. Jim Inhofe (R-Okla.), a member of the Senate General Aviation Caucus and CFI with more than 10,000 flight hours, previewed his new Pilots Bill of Rights. The bill, which would protect pilots facing enforcement actions, will be introduced today. You can watch...
Warbird Adventures and Kissimmee Air Museum at Florida's Kissimmee Gateway Airport (ISM) have acquired a North American P-51D Mustang called Precious Metal, which is now on permanent display at the museum while it is being being prepared to compete in the Reno Air Racing Association's 2011 National...
