Just-released results from a comprehensive reader’s choice survey conducted by AIN sister publication Business Jet Traveler confirm that, contrary to what the general public seems to believe, many who fly privately do so primarily not to enjoy luxury but to enhance their efficiency.
Emirates Airline has worked for more than two years to assist Boeing in the design of the 777X, the new airplane expected to begin replacing the phenomenally successful 777-300ER at the end of the decade, according to Emirates president Tim Clark.
Boeing launched a suite of iPad apps last week directed at airline maintenance providers. The aircraft manufacturer spent more than a year developing the apps with American, Alaska and United, with the goal of delivering necessary aircraft information to maintenance technicians more quickly.
Increasing competition and pressure on costs has led to some deep restructuring of European airlines, with an attendant move to higher-capacity aircraft and absorption of many regional carriers into national carriers.
Ellen Saracini, widow of 9/11 United Airlines Flight 175 captain Victor Saracini, told AIN she does not believe that the airline her late husband flew for is doing all it can to prevent another 9/11-like cockpit takeover. Saracini was invited to Chicago on September 4 to discuss (with United vice president of corporate safety Michael Quiello) the company’s use of secondary cockpit barriers to prevent a potential breach. United Airlines currently maintains the largest fleet of aircraft already equipped with secondary barriers.
The effects on demand of a recent oil price spike associated with the crisis in Syria and weaker-than-expected growth in several key emerging markets have prompted the International Air Transport Association (IATA) to adjust its airline industry profit outlook for 2013 downward by $1 billion, to $11.7 billion. Still, 2013’s performance should prove considerably better than that of 2012, when the industry turned a net profit of $7.4 billion.
The recent global financial recession notwithstanding, long-term airline traffic growth will average 4.7 percent per year, while cargo traffic grows at a slightly higher annual rate, 4.8 percent, according to the latest 20-year market forecast published by Airbus. However, the company projected a marked disparity between traffic growth in “advanced” and “emerging” markets. COO for customers John Leahy noted a divergence in gross domestic product GDP trends between the groups since 2000.
The bid by Malaysia’s AirAsia to launch a low-fare airline in India with the Tata Group has hit some unexpected turbulence as Singapore Airlines prepares to launch a joint venture with the very same investors.
Facing high costs and increased competition, Air France-KLM’s management must pick its battles. Having announced plans for up to 2,800 job cuts on September 18, the European airline this week deferred a decision on whether or not it will provide further investment to plug holes in the sieve-like balance sheet of Alitalia. It holds a 25-percent stake in the Italian carrier, and Italy’s government has indicated it would be willing to see the Franco-Dutch group increase that share to 50 percent.
American Airlines parent AMR and US Airways agreed to extend their merger deadline by about a month to allow for the antitrust case filed by the U.S. Justice Department to run its course.