The International Monetary Fund’s April 18 warning that Europe’s banks could lose some $2.6 trillion over the next 18 months lent weight to concerns of a continuing aircraft finance drought recently voiced by airline treasurers and finance bosses.
AIN Air Transport Perspective » April 23, 2012
Boeing has expanded its supplier base into the Middle East by awarding a 10-year contract to Strata Manufacturing, the Al Ain-based subsidiary of Mubadala Aerospace in the United Arab Emirates. The deal, announced at the Global Aerospace Summit in Abu Dhabi on April 17, covers empennage ribs for the 777 twinjet and vertical fin ribs for the 787.
Delegates attending the European Regions Airline Association (ERA) spring conference in Porto, Portugal, last week heard about the risks associated with policies that focus on core areas with little or no regard to protecting the provision of air services to the regions where 85 percent of Europe’s population resides.
The airline industry, major manufacturers and some two dozen nations have argued that aviation emissions should be addressed by the International Civil Aviation Organization (ICAO), not by the European Union and its
The campaign to include cargo airline pilots in the U.S. under the FAA’s new flight crew member duty and rest rule gained support in Congress with the introduction of legislation on April 16 that would require the Department of Transportation (DOT) to apply the rule “in th
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