Low-cost carrier Tiger Airways Australia has accepted that it could stay grounded throughout July as Australian safety inspectors continue to probe its operations. The grounding, which is costing the Singapore-based airline $1.6 million a week, claimed its first casualty with the announced departure of CEO Crawford Rix.
AIN Air Transport Perspective » July 11, 2011
Last year was one of the best ever in terms of safe airline operations, according to the latest data from the European Aviation Safety Agency, which last week reported “one of the best years in aviation safety for EASA member states in commercial air transport history.”
Boeing’s 787 service-readiness validation in Japan has drawn to a close, following nearly a week of flying and ground exercises at five airports.
The effort by UK low-fare regional airline Flybe and flagcarrier Finnair to break through European structural barriers to consolidation took shape last week with an agreement to jointly acquire Finnish Commuter Airlines (FCA), a Finnish regional carrier owned by Finncomm Oy. The companies plan to create a new joint venture called Flybe Nordic, 60-percent owned by Flybe and 40 percent by Finnair.
Saab will strengthen its air-traffic-management (ATM) business, adding to its portfolio a ground surveillance system deployed at major U.S. airports, with the planned acquisition of Sensis Corp., of Syracuse, N.Y. The Swedish defense and security group is to acquire Sensis for $155 million, with another $40 million based on winning future contracts and meeting profitability goals.
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