Riding the favorable winds of increasing passenger traffic, slightly better fuel prices and revenues from ancillary services such as baggage fees, the world’s airlines should post record absolute profits in 2014, according to the International Air Transport Association (IATA). But some parts of the air transport system, particularly cargo and business-class passengers, remain at pre-recession levels.
Association of Asia Pacific Airlines
Investigators with the U.S. National Transportation Safety Board (NTSB) focused on pilot training and knowledge of the Boeing 777-200ER autothrottle system during a day-long investigative hearing on December 11 into the crash of Asiana Airlin
The world’s airlines expect to see a 31-percent increase in passenger numbers between 2012 and 2017, according to a new forecast for the period issued Tuesday by the International Air Transport Association (IATA). The report shows that by 2017 total passenger numbers will rise to 3.91 billion from the 2.98 billion carried in 2012.
The NTSB has a full line-up of experts poised to testify during testimony into the July 6 crash of an Asiana Airlines Boeing 777 at San Francisco. Discussions range from Boeing 777 cockpit design to Asiana’s pilot training and to an additional look into the effect of automation on human performance. The hearing begins at 9 a.m. tomorrow (December 10) and 8:30 a.m. on December 11 at the NTSB’s boardroom in Washington, D.C. The pilots of the flight are not expected to attend.
October airline traffic statistics published by the International Air Transport Association (IATA) last week showed substantial growth in virtually every region of the world, as global revenue passenger kilometers rose 6.6 percent compared with the same month a year earlier and 5.2 percent over September’s results. Even the cargo market resumed its fragile recovery in October, generating a 4-percent increase in freight ton kilometers.
Talks between Cambodian telecommunications, banking and property tycoon Kith Meng and Philippine Airlines (PAL) over a new Cambodian flag carrier called Cambodia Air have intensified following their failure to realize plans to close on a deal on October 15.
On April 25, PAL’s board agreed to acquire a 49-percent stake in Cambodia Air, now solely owned by Meng’s company, Inter Logistics (ILC).
Prospects for private aircraft charter in the month leading up to the Christmas and New Year holidays appear markedly stronger in North America than in Europe, according to the latest data from online charter portal Avinode.
AAR recently completed the first heavy maintenance check at its new maintenance, repair and overhaul facility at Chennault International Airport in Lake Charles, La. The work was performed on an Airbus A330. AAR occupies approximately 520,000 sq ft of service and administrative space at the facility, including eight hangar bays, seven of which can accommodate widebody aircraft. Construction of a 112,000-sq-ft hangar that can accommodate aircraft as large as the Airbus A380 and Boeing 747-8 is under way and expected to be completed next summer.
International Air Transport Association director general and CEO Tony Tyler has said that over the past decade the aggregate safety results for airlines adhering to the association’s Operational Safety Audit standard are superior to those of carriers that do not use the system. His remarks came at last week’s annual African Airlines Association general assembly in Mombasa, Kenya. Tyler also said in 2012 there was not a single hull loss of a Western-built airplane by any of IATA’s 25 African member airlines.
EgyptAir plans to place major aircraft orders in the next two months, even as it watches losses mount since the momentous events that unseated former president Hosni Mubarak in early 2011, its CEO said, speaking at the Dubai Airshow on November 19.