Jun 28, 2009
A modernized, 21st century air traffic control (ATC) system would be the most productive step that Congress could take to complement the airlinesO initiatives to continue the industryOs strong record of fuel and greenhouse gas (GHG) efficiency and to reduce the GHG footprint of aviation, said James May, president and CEO of the Air Transport Association in a letter to House Speaker Nancy Pelosi. May wrote that the failure of other administrations to make this a priority, means airlines are still using extremely outdated technology that limits their efficiency, drives up costs and emissions, contributes to congestion and flight delays and hampers our many efforts to build an even safer air traffic system. May said the aviation industry urges Pelosi to prioritize the creation of a new, state-of-the-art ATC system as an important aspect of reducing human-caused GHG emissions. www.airlines.org. Jun 26, 2009
The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, has applauded the ASTM International Aviation Fuels Subcommittee for passing a new specification that will enable the use of synthetic fuels in aviation. This step by ASTM, a standards development organization, is a watershed event and sets the stage for the blended fuel to receive full ASTM approval by the fall of this year. Jun 24, 2009
US Air Transport Assn. said yesterday that US airline passenger revenue dropped 26 percent year-over-year in May, the seventh straight month of decline. The number of passengers traveling on US airlines fell 9.5 percent year-over-year while the average price to fly 1 mi. decreased 17.6 percent. "Revenue declines extended beyond the mainland United States to the transatlantic, transpacific and Latin markets," ATA said. "May results also reflect the impact of the H1N1 (swine) influenza outbreak." April cargo traffic was down 22 percent compared to the year-ago month, the ninth consecutive month of falling cargo traffic. Jun 24, 2009
Shares of US Airways and United Airlines parent UAL dropped more than 10 percent Tuesday as investors worried about increased competition for both carriers owing to an airline merger. US regional carrier Frontier Airlines said Monday it had reached a deal to sell itself to Republic Airways. The deal could help Frontier emerge from bankruptcy later in the year as a subsidiary of Republic. S&P airlines analyst Jim Corridore said Frontier could pose a strong challenge to carriers with West Coast operations such as United and US Airways. Shares of UAL fell 11.2 percent, or 40 cents, to USDUSD 3.17. US Airways shed 10.9 percent, or 27 cents, to USDUSD 2.20. Corridore said other airlines were also being hurt by the tepid outlook for the US economy. The Amex airlines index was off 2.4 percent, compared with a 0.3 …
No comments:
Post a Comment