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January 18, 2012

JetBlue CEO Comments On AMR Bankruptcy

Says Of Consolidation, Higher Fares, 'Why Not?'

In an interview on Bloomberg TV Monday, JetBlue Airways CEO David Barger was asked about the bankruptcy of AMR, the parent company of American Airlines and American Eagle. He explained how the process will be good for American and for the industry, but his comments on why it's good for consumers may be a tough sell.

Eurocopter, Astrium, Cassidian All 'Solid' Performers

Airbus' parent company EADS reported 2011 as a year of growth and improved performance. Along with the commercial airline numbers, EADS said it saw solid performance in its Astrium, Cassidian and Eurocopter divisions.

Passenger Had $40K Stolen From Bag At JFK International

Even as the TSA is crowing over the story of an honest screener at Newark Liberty who turned in $5,000 in cash discovered on the floor in Terminal C, two former TSOs at JFK International in New York have been sentenced to six months in jail and five years probation after admitting they stole $40,000 in cash from a passenger's bag.

Japanese Bank Outbids Chinese, Wells Fargo

The Royal Bank of Scotland (RBS) is getting out of the aviation leasing business. Bloomberg reports RBS will get about $7.3 billion for a division which currently controls a fleet of 206 aircraft, and has 87 more on order for delivery through 2015. The sale is expected to be complete by the end of this year's third quarter.

Analyst Boyd Warns Of Repeat Of MidAmerica St. Louis

After two decades of wringing their hands over air traffic congestion and a bitter battle to expand O'Hare International, Chicago-area planners are hoping to see a third airport to be located near Peotone finally getting off the drawing board in 2012. But an analyst is warning that the new South Suburban Airport could be a money pit, and cites the example of another recent midwest airport project.

Stirring the Souls of Flyers All Over America, The Heritage Flight Reminds Us Why We Are Free

These are the sights and sound that stir the hearts of aviators all over the world... but especially for those is here in the good ol' USA. Airpower, old and new, in tight formation, showing the world what kept us free... time after time.

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Airbus Reports Record Deliveries, Orders

But Boeing Still Dominates More Profitable Twin-Aisle Segment

Corks are popping across Europe. Airbus Tuesday announced that it finished the year 2011 with 534 commercial aircraft deliveries to 88 customers, (ten of those new customers,) which makes 2011 its most successful year ever, and the tenth in a row to notch production increases.