Aircraft depreciation, residual values and useful economic lives have shifted in the past 35 years says IBA
How realistic is depreciation of an aircraft over a 20 or 25 year life when aligned to a % of original cost? This was a question asked at a recent joint breakfast seminar entitled "˜Emerging Accounting and Valuation Challenge"™ hosted by KPMG Dublin and independent aviation consultancy firm IBA. Addressing a knowledgeable audience of airline, […]
European Union demands urgent talks with Washington over airline laptop ban
The Department of Homeland Security is considering banning laptops and other large electronic devices from carry-on bags on flights from Europe to the United States, a department spokesman said on Wednesday. Travellers on flights leaving these airports are prohibited from carrying on board any electronic items that are larger than a cell phone. The afternoon […]
The development of China’s aviation industry
Chinese contributions to global aviation history include the inventions of the first flying object, the kite, and, years later, the rocket. Despite these technological achievements, China’s airline industry has fallen behind its international competitors. Air travel volumes are expected to peak within twenty years, so China is looking to increase its capacity by building its […]
Punctuality rules challenged in Brazil and China
IATA is challenging punctuality rules that will affect slot allocation processes in Brazil and China. IATA will be seeking to further engage with Brazil"™s ANAC (National Civil Aviation Agency) after a number of airlines were told they had lost slots at Sao Paulo-Guarulhos International Airport, due to not meeting punctuality targets. The Worldwide Slot Guidelines […]
Former Irish Army officer Gammell in command at Etihad
Former Irish Army officer Ray Gammell has been appointed interim CEO of Abu Dhabi’s Etihad Airways – one of the most senior jobs in the sector worldwide. He’ll take over immediately from Australian James Hogan, current president and group CEO who will leave the company on July 1 following a handover period. Mr Gammell was […]
Alabama Teams with Airbus for Aviation Education Center
To satisfy the need for a growing workforce in what Alabama Governor Kay Ivey calls a growing "aerospace cluster," the state has announced plans for a $6.5 million Alabama Aviation Education Center. The Alabama Aviation Education Center will feature classrooms, workshops and innovation rooms, providing aviation-themed activities and STEM-focused educational programs. The Alabama Governor"™s Office […]
Aviation specialists Spanish speakers: IATA Training is looking for you
IATA Training is looking for aviation specialists, fluent in Spanish, with an interest in becoming IATA certified instructors and train professionals coming from the Latin-American aviation industry. Qualified individuals, with extensive knowledge and experience in their respective aviation subject area and strong communication skills, whom are searching for a new professional challenge are invited to […]
Changes in northwestern Ontario aviation all part of industry growth, says insider
Growth also creates more opportunities for students, new pilots Many of the recent changes in the aviation industry in northwestern Ontario can be attributed to growth in the industry, according to one aviation insider. «Whether it’s because of all the retirements, or whether it is just the economic boom that we’re currently in, I don’t […]
Airbus, Boeing Support New Standards for GADSS
During the opening joint session of the 2017 Airlines Electronic Engineering Committee (AEEC) and Avionics Maintenance Committee (AMC) general session, representatives from the world"™s two biggest commercial airplane manufacturers, Airbus and Boeing, provided an overview of the work they feel is necessary to standardize onboard aircraft hardware necessary to support the International Civil Aviation Org.’s […]
Global Standards, Cooperation and Data Key to Keeping Aviation Safe
The International Air Transport Association (IATA) urged aviation safety stakeholders to reinforce their commitment to a safety framework based on global standards, cooperation and dialogue, and effective use of data. «Safety is the top priority for all involved in aviation"”and aviation is the safest form of long-distance travel. Last year there were over 40 million […]
