Printer Friendly

Airline Finance News Alert - North America.

New York (AirGuideBusiness - Airline Finance News North America) Sep 11, 2011

Lawmakers in the House and Senate appear poised to extend Federal Aviation Administration funding for several months. The stopgap measure, which would allow construction on airports to continue, could fund the agency for up to a year. Officials say that lawmakers are still working out the details of the legislation. Sep 9, 2011

Most major U.S. airlines are expecting this year to be profitable despite various challenges, which have included persistently high fuels costs, a fragile economy and natural disasters. Airline executives who spoke at an investor conference this week said they were reducing capacity to cope with the sluggish economy, but that bookings were generally solid. Consolidation in the industry has also been a factor, executives said. Sep 9, 2011

Airport security costs have risen significantly since the 9/11 terror attacks. "Despite that fact that aviation security is a national security function, airlines and passengers continue to bear the brunt of funding a system that benefits the entire nation," said Nicholas Calio, president and CEO of the Air Transport Association. Sep 9, 2011

Consumers with $100,000 to spare apparently will soon be able to buy the first commercially available jetpack. Inventor Glenn Martin's flying machine takes to the air using ducted fans, a two-stroke engine and a flight-control system found in Predator drone aircraft. Martin is modifying the device to meet Federal Aviation Administration standards that require him to cap the top speed at 63 mph. Sep 9, 2011

US FAA VP-system operations services Nancy Kalinowski said that as the 9/11 anniversary approaches, OeveryoneOs got their A-game on, watching and being aware.O Speaking at a Women in Aerospace (WIA) panel discussion in Washington on how 9/11 changed aviation, she said one of the most visible changes since the Sept. 11, 2001 terror attacks has been the creation of the Domestic Events Network, which she described as 200 agencies on one Oconstant phone callO for a shared, situational awareness which has served as a O24/7/365O connection since 9/11. OItOs not a matter of OifO there will be another attack, but OwhenO there will be another attack E we hope to stave that off as long as possible,O she said, noting that the FAA takes action to address suspicious situations onboard flights about a dozen times a day. It has also established special procedures to follow when aircraft have lost radio contactNthese these are monitored very closely, she stressed. Sep 9, 2011

Representatives of the aviation industry and its workers are encouraging lawmakers to approve a long-term Federal Aviation Administration reauthorization bill rather than just another temporary measure. "The clock is ticking," said Veda Shook, head of the Association of Flight Attendants. "Congress is jeopardizing the safety of the U.S. air transportation system and risking thousands of airline employee jobs by failing to pass a long-term FAA reauthorization bill." Sep 8, 2011

Recently the FAA issued Policy AIR100-2011-120-003, Assessing the Reliability and Certification Procedures for Electrical and Electronic Equipment and Systems Using Lead-Free Solder and Lead-Free Finishes on Components. This policy raises the awareness that performance and reliability of electronic systems may be affected when lead-free solder and component finishes are introduced into the system. Sep 8, 2011

The Air Transport Association has hired Christine Burgeson, formerly a senior lobbyist for the George W. Bush administration, as senior vice president of global government affairs. "ATA is building a world-class government affairs and policy team and Christine is a critical addition; she is a first-rate strategist and a proven leader. She is well-known and well-liked by members of both parties," said ATA president and CEO Nicholas Calio. Sep 8, 2011

Keokuk Municipal Airport-Lindner Field in Iowa will receive grant money from the Federal Aviation Administration for runway repairs. "That runway [east/west] is more than 20 years old," said the airport's manager, Greg Gobble. "Before we get to the point where there is a total runway failure, we need to make repairs." Sep 8, 2011

The United States and Canada have taken significant steps since the 9/11 terrorist attacks to secure air transportation, but gaps remain, according to a security summary issued today by the Air Line Pilots Association, IntOl (ALPA). The summary, titled Aviation Security, 10 Years After the 9/11 Attacks, explores how aviation security has changed since Sept. 11, 2001, and identifies additional actions still urgently needed to more thoroughly secure North American skies. OThe 9/11 attacks forced the government and airline industry to reevaluate how to secure air transportation and take on an entirely different kind of terrorist threat,O said Capt. Lee Moak, ALPAOs president. OTogether, the regulators, the airlines, other airline industry employees, and the pilots who are on the front lines of aviation security have taken many important actions, but the threat is very real, and much more needs to be done.O While ALPAOs analysis highlighted significant accomplishments in U.S. and Canadian airline security since 9/11, the summary revealed shortfalls that need to be addressed in current U.S. and Canadian aviation security, including the need to [yen] adopt a threat-based approach to security screening, [yen] increase focus on securing all-cargo flight operations, [yen] enhance the U.S. Federal Flight Deck Officer (FFDO) Program, [yen] institute threatened airspace management (TAM) to improve procedures during an identified threat, [yen] encourage installation of secondary barriers on all airliners, [yen] enhance action to protect aircraft from laser attacks, [yen] fully fund the Canadian Air Carrier Protective Program, and [yen] enhance government-industry-labor collaboration. Read a complete copy of Aviation Security, 10 Years After the 9/11 Attacks. Founded in 1931, ALPA is the worldOs largest pilot union, representing more than 53,000 pilots at 39 airlines in the United States and Canada. Visit the ALPA website at www.alpa.org. Sep 8, 2011

Unions representing aviation employees are encouraging Congress to approve an appropriations bill funding the Federal Aviation Administration before the deadline next week. Lawmakers are expected to consider another short-term extension of the agency's funding as they remain divided over measures included in a long-term FAA funding bill. Sep 7, 2011

The ABA Forum on Air & Space Law will hold its annual conference on Sept. 22 - 23 in Montreal, co-hosted by McGill University's Institute of Air and Space Law. DOT General Counsel Robert Rivkin will give keynote remarks, and panels will address a wide range of topics, including the status and impact of open skies agreements, airline fare and distribution systems, global competition, aircraft financing and consumer protection. ATA members are represented on several panels, including the closing general counsel roundtable. Visit here for registration information. Sep 7, 2011

The Air Line Pilots Association, IntOl (ALPA), called on Congress today to pass a multi-year Federal Aviation Administration (FAA) reauthorization bill to maintain the nationOs high level of aviation safety and end the risk to thousands of aviation employeesO jobs if the current extension is allowed to expire on September 16. OIt is time to get serious and put the safety of aviation in the United States ahead of partisan politics,O said Capt. Lee Moak, ALPAOs president, following a news conference held today by ALPA at Reagan National Airport in Washington, D.C. OWe are in critical need of a real bill that will provide the necessary funding to enhance the future safety and efficiency of our aviation system.O In failing to pass a long-term reauthorization, Congress put on hold safety projects and research programs that will help protect all who depend on safe air transportation. Vital initiatives including research into volcanic ash hazards, wake turbulence, alternative fuels, and windshear warning systems and efforts to make flying in icing conditions and operating aircraft on busy runways safer have come to a halt. Moreover, the lack of stable, long-term FAA funding has stalled critical work to modernize and upgrade the current air traffic control system to increase capacity and enhance efficiency. As a result, the United States may not be well positioned to meet future air transportation demand, and our country risks falling behind Europe and Asia as those regions continue to move ahead. The U.S. airline industry may find itself at an economic disadvantage in the global air transport arena. OThe Air Line Pilots Association urges Congress to get on track and act now to pass a long-term, multi-year FAA reauthorization bill,O concluded Capt. Moak. OThe jobs of thousands of hard-working Americans, the safety of every passenger on every airplane, and the future of the U.S. airline industry depend on it.O Founded in 1931, ALPA is the worldOs largest pilot union, representing more than 53,000 pilots at 39 airlines in the United States and Canada. Visit the ALPA website at www.alpa.org. Sep 7, 2011

Allied Pilots Association (APA) President Captain Dave Bates emphasized the need for a Ocoherent, comprehensive national transportation policyO during his keynote speech at the Dahlman Rose & CompanyOs Fourth Annual Global Transportation Conference in New York today. Dahlman Rose & Company, LLC is an investment bank specializing in the global natural resources supply chain. Founded in 1963, the Allied Pilots AssociationNthe largest independent pilot union in the U.S.Nis headquartered in Fort Worth, Texas. APA represents the 11,000 pilots of American Airlines (NYSE:AMR - News), including more than 1,000 pilots not yet offered recall from furlough. The furloughs began shortly after the September 11, 2001 attacks. Also, several hundred American Airlines pilots are on full-time military leave of absence serving in the armed forces. The unionOs Web site address is www.alliedpilots.org. American Airlines is the nationOs largest international passenger carrier and fifth-largest cargo carrier. Sep 7, 2011

For todayOs traveler, summer vacation may start at the airport. A survey conducted by ORC International for NCR Corporation, the leader inself-service travel solutions, finds that consumers have ample time once they clear security to take advantage of a growing number of airport amenities. Airports Council International (ACI) reports that non-aeronautical revenues - those generated by retail, parking and concessions - now account for nearly half of all airport income. NCR survey results show that consumers have the time and inclination to take advantage of these offers, with more than 1 in 3 travelers (38 percent) reporting they have at least one hour between clearing security and boarding their flight. Less lines means more loungingEAccording to survey results, after clearing security, travelers are ready to relax and shift into vacation mode: [yen] 57 percent would visit a restaurant/bar [yen] 39 percent would surf the Internet [yen] 32 percent would shop Who wants to wait at the gate?EBeyond the typical airport concessions, results indicate travelers would like additional entertainment options to pass the time, if offered, including: [yen] 44 percent would take in a history, science or cultural exhibit [yen] 16 percent would get a massage or spa treatment [yen] 12 percent would visit a playground with their kids Moreover, the survey shows that targeted offer delivery may significantly impact incremental airport revenue, with 60 percent of respondents likely to redeem coupons for a meal, coffee, spa treatment, or other in-airport services if delivered to their mobile device while at the airport. While many travelers seem interested in exploring airport shopping, dining and other entertainment options, nearly a quarter of respondents (23 percent) say theyOre reluctant because theyOre afraid theyOll get lost or miss their flight. OThis hesitation could result in lost revenue for airports, many of which are undergoing expansion and renovation projects that could make it even more difficult for travelers to find their way around,O said Craig. OWith air traffic expected to double over the next decade, airports that invest in common use technology to expedite passenger processing as well as things like interactive wayfinding, digital signage and personalized mobile offer delivery can further drive incremental revenue while improving the passenger experience.O This online survey of 1,010 U.S. consumers was conducted in July of 2011 by ORC International, a leading global market research firm Sep 7, 2011

Lawmakers return to work this week and are at odds over a chief sticking point for avoiding another shutdown of the Federal Aviation Administration. The dispute centers on a National Mediation Board decision to issue a rule that makes unionizing easier in the airline and railroad industries. Sep 6, 2011

Mark your calendar now for the 11th Annual AAAE/TSA/DHS Aviation Security Summit Dec. 12-13 at the Crystal Gateway Marriott in Arlington, Va. This important annual event brings together senior leadership from the Department of Homeland Security and the Transportation Security Administration with airport operators and other key aviation industry players for an intensive conference focusing on the most important security issues facing the aviation industry today. Sep 6, 2011

Editorial eMail: edit@AirGuideOnline.com For Advertising and Marketing: advert@AirGuideOnline.com For Custom Content and Content Solutions: content@AirGuideOnline.com Air Transport & Travel Business Analysis contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com ISSN 1939-666X - Copyright [c] 2011 AirGuideBusiness / Pyramid Media Group, Inc. All rights reserved.
COPYRIGHT 2011 Pyramid Media Group, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:AirGuide Business
Date:Sep 12, 2011
Words:2186
Previous Article:Airline Finance News - North America.
Next Article:Airport Business News - Africa / Middle East.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |