United Airlines & O"™Hare Invest Big in Zero-Emissions Ground Support with Grant from EPA
United Airlines and the Chicago Department of Aviation (CDA) will invest a total of $1.43 million to purchase 26 new pieces of zero emissions ground support equipment, replacing older, diesel-fueled equipment at Chicago O"™Hare. Grant funding for the project from the EPA"™s Diesel Emissions Reduction Act "“ a total of $640,000 "“ will help O"™Hare […]
USA: 2017 Airline Bumping Rate Lowest in Decades
The U.S. Department of Transportation (DOT) today released its February 2018″Air Travel Consumer Report»on air carrier data compiled for the month of December 2017 and calendar year 2017. In 2017, the carriers posted a bumping rate of 0.34 per 10,000 passengers, the lowest annual rate based on historical data dating back to 1995. The previous […]
Challenges the Aviation Industry Faces
The global aviation industry’s problem is clear. Infrastructure is not being built fast enough. As demand grows in many key places, the lack of supply is causing significant challenges. "All the optimism supporting strong aircraft orders will mean nothing if we don"™t have the capability to manage traffic in the air and at airports," Alexandre […]
Singapore Airshow 2018: IATA opens new regional office; signs deal to establish analytics research facility with CAAS
The International Air Transport Association (Iata) is growing its footprint in Singapore with the opening of its new regional office, and its collaboration with the Civil Aviation Authority of Singapore (CAAS) to establish a research facility that uses predictive analytics to improve aviation safety. With the move to its new Asia-Pacific Regional Office at Mapletree […]
IATA call for Attention to Address Infrastructure Crisis to Secure Aviation"™s Future
The International Air Transport Association (IATA) is calling for urgent attention to address infrastructure challenges in order to secure the industry"™s future. «Having the infrastructure to grow is vital to our industry"™s future. But in many key places, it is not being built fast enough to meet growing demand. And there are worrying trends which […]
Aviation sector welcomes emphasis on airport infrastructure
The aviation industry has welcomed the proposal in the Union Budget to enhance airport capacity by five times but has demanded swift execution to meet the infrastructure shortfall. Finance Minister Arun Jaitley in his budget presentation said that the government proposes to expand airport capacity by more than five times to handle a billion passengers […]
U.S., Qatar reach understandings on civil aviation
U.S. State Department said Tuesday that the United States and Qatar on Monday reached a set of understandings on civil aviation aimed at ensuring a level playing field in the global aviation sector. Regarding the key issue of financial transparency, the relative airlines should issue public annual reports in the coming year with financial statements […]
Award winning Aviation Consultancy IBA identifies key aviation themes for 2018
IBA, the new winner of the Airline Economic"™ "˜Appraiser of the Year "˜award, presented its latest market update on Jan 17th. While comprehensive details are available at www.iba.aero, the key themes are summarised below by Dr Stuart Hatcher, Chief Intelligence Officer, Mike Yeomans, Head Analyst "“ Commercial Aircraft & Leasing, and Paul Lyons, Head of […]
Aviation: higher crude oil prices make for cloudy skies
When crude oil prices are flirting with $70 per barrel, investors in aviation companies should start biting their nails. The adjacent chart shows fuel costs expressed as a percentage of operating revenue for InterGlobe Aviation Ltd (running the IndiGo airline), Jet Airways (India) Ltd and SpiceJet Ltd for the half year ended September 2017. The […]
Boeing’s 787-10 Dreamliner Cleared for Commercial Service by Federal Aviation Administration
Boeing [NYSE: BA] announced today the 787-10 Dreamliner received an amended type certificate (ATC) from the U.S. Federal Aviation Administration (FAA), clearing the airplane for commercial service. The awarding of ATC caps a successful flight test program that began in March 2017 and involved three flight test airplanes that accumulated about 900 test hours. Boeing’s […]
