Memphis-based Pinnacle Airlines filed for Chapter 11 bankruptcy protection on April 1, marking the start of a process in which it plans to “wind down” all its United Airlines turboprop flying, including its Colgan Air Bombardier Q400 operation.
AIN Air Transport Perspective » April 2, 2012
The U.S. should file a formal complaint under the treaty that created the International Civil Aviation Organization (ICAO) to gain relief from Europe’s unpopular emissions trading scheme (ETS) for aircraft, representatives of the aviation industry told sympathetic lawmakers March 28 in Washington, D.C.
The only way is up for Italian aerospace group Finmeccanica after it announced record losses of €2.3 billion ($3 billion) on March 27. Massive “exceptional events” and “non-recurring” charges totaling almost €3.2 billion ($4.3 billion) accounted for most of the financial hit.
Boeing’s 787-8 Dreamliner is wrapping up a weeklong visit to the FIDAE 2012 airshow in Santiago, Chile, where all the airplane’s technological wizardry, including the most comprensive array of Honeywell equipment on any Boeing airliner, went on display.
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