Russia has raised the stakes in the increasingly bitter dispute over the European Union’s imposition of its controversial emissions trading scheme (ETS) by refusing to grant new overflight rights to Finnair and abandoning a commitment to allowing new rights to be issued free of charge.
AIN Air Transport Perspective » June 18, 2012
Europe’s mounting financial crisis is dragging down worldwide airline profitability this year, according to a revised industry forecast from the International Air Transport Association (IATA).
The U.S. air transport industry in 2010 represented 3.7 percent of the nation’s GDP—or 4.9 percent when considering so-called spillover benefits—and supported 6.6 million jobs, according to a new study commissioned by the International Air Transport Association (IATA).
The FAA has approved funding to continue the automatic dependent surveillance-broadcast (ADS-B) network rollout through 2020, the year that aircraft will be required to have ADS-B Out capability to broadcast their GPS-derived position to controllers on the ground.
Aircraft components manufacturer Liebherr-Aerospace has expanded its customer service facility in Saline, Mich., by 33,000 sq ft to meet an increasing demand for landing-gear overhauls of Embraer and other aircraft operating in North and South America. The company said the expansion will help accommodate future service on Bombardier C Series and Airbus A350XWB landing gear.
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