The Obama administration and the U.S. Congress appear headed to a confrontation over the administration’s plan to open a customs pre-clearance facility at Abu Dhabi International Airport that many lawmakers and airline industry groups oppose. An opponent said the U.S. Customs and Border Protection (CBP) agency plans to begin operating the facility on January 5.
AIN Air Transport Perspective » December 23, 2013
Amsterdam-based AerCap’s planned acquisition of International Lease Finance Corp. from American International Group stands to return a sense of stability to a business in which the disposition of one of two dominant players hung in doubt for more than a year. It also promises to result in what AerCap CEO Aengus Kelly characterized as “the most attractive order book in the industry,” valued at $25 billion.
The UK Government’s Airports Commission reported last Tuesday that the best way to add new capacity in the southeastern part of the country, around London, would involve adding a runway at either Heathrow or Gatwick, although it kept open the possibility of an all-new airport in the Thames Estuary. “All scenarios lead to the need for at least one net new runway,” commission chairman Sir Howard Davies declared.
U.S. civil aircraft sales will increase by 7.7 percent, to $67 billion, this year, providing the only growth within an aerospace sector that will see overall flat results. Total aerospace sales, including sales of military aircraft, missiles, spacecraft and related products and services, will total $220 billion, down about $2 billion from 2012, the Aerospace Industries Association (AIA) estimates.
A busy couple of weeks for the executives heading Boeing’s 777X production site search perhaps overshadowed other significant developments, including an announcement last week that the company will help build a new full-service training facility in Russia and the revelation of plans to restructure its research and technology organization (BR&T) through the establishment of research centers in Alabama, California, Missouri, South Carolina and Washington state.
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