Profound change is coming to the flight-training industry, prompted by new legislation in the U.S. and by the rapid growth of airline and business aviation in countries where aviation is finally gaining a stronger foothold.
The Asia Pacific market will lead strong passenger growth around the world over the next 20 years, giving Boeing and its rivals with a market for 11,450 airplanes valued at $1.5 trillion. This was the latest assessment of Boeing Commercial Airplanes vice president of marketing Randy Tinseth during a media briefing on eve of this year’s Singapore Airshow
“Asia Pacific is such a strong and dynamic market [and] in 2012 we’ll continue to see resilient passenger traffic growth levels above the forecasted world average,” he predicted.
Lufthansa Technik is now the sole owner of used aircraft spare parts supplier AirLiance Materials. The acquisition was completed when Lufthansa Technik acquired the shares previously held by minority owners United Airlines and Air Canada.
Independent fuel supplier AvFuel closed out last year with a bang, adding six new venues to its coast-to-coast network of dealers.
Now part of the company’s network are Executive Air, at Austin Straubel International Airport in Green Bay, Wis; Midcoast Regional Airport at Wright Army Airfield, in Hinesville, Ga.; Baer Air at Florida’s Melbourne International Airport; the San Luis Jet Center at San Luis County Regional Airport, in California; Transair Center, at Honolulu International Airport; and United States Aviation at Tulsa International Airport in Oklahoma,
Fort Lauderdale, Fla.-based Gulfstream International Airlines continues its transformation with a name change–to Silver Airways Corp.
The airline emerged from Chapter 11 bankruptcy protection in May, when its new owner, Chicago-based asset management firm Victory Park Capital, provided $5 million in debtor-in-possession funding.
United Continental Holdings announced that the first of its 50 Boeing 787 Dreamliners on order entered the final assembly phase at Boeing’s factory in Everett, Wash., yesterday. United expects to become the first North American carrier to take delivery of the Dreamliner in “early 2012.”
A UK court has ordered Bangladeshi carrier United Airways to stop trading under its current name after a June 24 ruling in London that it had illegally violated the trademark of U.S. giant United Airlines.
United Continental Holdings has ordered blended winglets for its Boeing 767-300ERs from Aviation Partners Boeing (APB) of Seattle, Washington. With the order, the U.S. airline group becomes the largest single customer of APB, having ordered 375 Blended Winglet systems to date.
In releasing its annual summer travel forecast recently, the Air Transport Association of America (ATA) projected modest, 1.5-percent growth in passengers over last year and expressed relief that people continue flying despite the overall economic impact of higher fuel prices. I would venture that ATA should worry as well about the cumulative impact of wedging people in unbearable economy-class seating.
The DOT expects to issue a final rule designed to bolster consumer protections against ramp delays of more than three hours and expand other passenger rights initiatives this month, a department spokesman told AIN.