Airbus predicted that the airline industry will need to spend $4.6 trillion on some 31,000 new aircraft over the next 20 years in its latest market forecast, released Wednesday.
Chile’s aviation authority has suspended the air operator certificate of local airline PAL after it failed a safety audit. The only reason given by the agency was “the airline’s failure to satisfy unspecified technical requirements laid down in its AOC that could put its safety and security at risk if not resolved.” PAL operates a fleet of Boeing 737-300s.
The U.S Federal Aviation Administration (FAA) has reinstated a Category 1 rating to the Republic of the Philippines following the agency’s determination in March that the country meets international safety standards set by the International Civil Aviation Organization (ICAO).
The European Commission has lifted flight restrictions into Europe imposed on all operators from Swaziland, as well as for Cebu Pacific in the Philippines and Kazakhstan’s Air Astana with the latest revision of the EU air safety list, or so-called blacklist. The EC said it based its decisions on various sources and hearings before the EU Air Safety Committee, which met from March 25 to 27.
Signaling another round of consolidation in the Philippine domestic air transport market, Cebu Pacific and Singapore-based Tigerair have entered into a strategic alliance calling for the Filipino budget carrier to acquire Tigerair Philippines (TAP).
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).
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.
On July 10 the European Commission updated its list of airlines subject to an operating ban or operational restrictions within the European Union. Following safety improvements in its home nation, Philippine Airlines became the first airline from that Southeast Asian country to be removed from the so-called blacklist and allowed back into European skies (having been banned in 2010). Venezuelan airline Conviasa, banned last year, also was removed from the list.
The former Spirit of Manila Airlines’ hopes of securing an air operator certificate (AOC) for a relaunch and rebranding in the first quarter of next year has run into turbulence following investors’ failure to secure the necessary funding from a Filipino financial consortium.
FedEx Express awaits the result of Supreme Court proceedings in the Philippines that could determine its ability to fly freight within the archipelago.
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