The analogy of a ticking timepiece arose more than once last week as the U.S. Congress neared its self-imposed September 16 deadline to extend funding authorization of the FAA. In the absence of long-term reauthorization legislation, the agency has operated through 21 funding extensions since September 2007, and signs pointed to Congress passing yet another extension.
AIN Air Transport Perspective » September 12, 2011
Authorities in Canada continued their investigation this week into a September 4 runway excursion at Ottawa International Airport involving a Trans States Airlines Embraer ERJ 145–the third such incident involving an ERJ 145 operated by the St. Louis-based regional airline at the same airfield.
Insurance giant AIG appeared closer to proceeding with plans to wind down its exposure to the aircraft leasing business when on September 2 its ILFC unit filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering.
The air transport industry has proved largely immune to the effects of terrorism, pandemics and natural disasters over the past 32 years, according to a new report released last week by OAG and UBM Aviation.
The FAA proposed a civil penalty against the Massachusetts Institute of Technology (MIT) on September 2 for allegedly providing to FedEx a mislabeled box containing lithium batteries, bringing attention to an issue of particular concern to the airline industry.
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