The debt crisis in Italy has certainly taken its toll on a wide cross section of the country’s economy, and Verona-based regional airline Air Dolomiti hasn’t enjoyed special immunity from the effects. What CEO Michael Kraus called a brilliant period of expansion from 2005 to 2010 has not only ended, but passenger counts have actually fallen over the past two years in the Italian air transport market.
Air Transport and Cargo
News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.
China’s great need for airline pilots is well documented, not least by Boeing, which last year estimated that the country’s fast-expanding air transport industry will need some 77,400 pilots through 2032 (plus 93,900 mechanics). According to the airframer, that represents around 40 percent of the overall requirement across the Asia Pacific region over the same period.
As the U.S. expressed “concern” on Tuesday over the devaluation of China’s currency, making its exports cheaper but reducing buying power of Chinese consumers, Chinese airlines continued to feel the pain of a weaker yuan as the value of their foreign debt rose with the relative strengthening of the U.S. dollar. China Southern Airlines, for one, on Tuesday issued a profit warning report estimating a first-quarter net loss resulting from negative foreign exchange fluctuations.
Etihad Airways on Tuesday announced its strongest ever passenger and cargo volumes for a first quarter, just as its negotiations for a 49-percent stake in Alitalia regain momentum. The airline, whose bid for a piece of Alitalia marks yet another effort to expand its already considerable global influence, logged $1.4 billion in total revenues during the three-month period, marking a year-on-year increase of 27 percent.
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.
Narita International Airport (Booth 610), Japan’s major international hub, opened its Premier Gate business aviation terminal in March 2012, the first in the Tokyo area.
As the search for Malaysia Airlines Flight 370 entered its fifth week, the International Civil Aviation Organization (ICAO) announced Monday that it would convene a special meeting of state and industry experts on the global tracking of airline flights next month.
The Civil Aviation Administration of China (CAAC) aims to put all unlicensed repair and support companies across the country out of business, according to a senior official with the agency. The regulatory body plans to launch the effort “soon” with the help of the police.
Rebuffing descriptions of the CSeries’ sales performance as “sluggish,” Bombardier says it welcomes comparisons between its airplane and those that Boeing and Airbus offer in the 100- to 149-seat market segment. In a recent market analysis, the Canadian airframe maker cites firm order figures for the CSeries of 201 aircraft from 18 customers, compared with 47 from three customers for the Airbus A319neo, 55 from two customers for the Boeing 737-7 Max, and 100 from two customers for the Embraer E190/195 E2.
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