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March 06, 2007

Aero-News Alert: Indonesian Airliner Down In Yogyakarta

Reportedly Overshot Runway On Landing; Survivors Reported

A spokesman for the Indonesian government tells CNN approximately 115 passengers were onboard a Garuda Airlines Boeing 737-400 that apparently overshot the runway at Yogyakarta airport in central Java.

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'Open Skies' NOT Good News for British Airways

Shares Slip As Control Over Heathrow Threatened

This weekend's news of an agreement between the United States and the European Union regarding the long-bandied "Open Skies" deal was met by nearly everyone in the commercial airline industry with guarded optimism... but investors in British Airways think the deal flat-out stinks.

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DayJet Receives BIG Cash Infusion -- $50 Million In Private Equity Funding

Company Says It Gives On-Demand Carrier A Leg-Up

Rule number one for starting an airline, regardless of size: start with money. A LOT of money... and DayJet announced Tuesday it has received $50 million in capital, resulting from the completion of its third round of private equity financing.

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Transportation Labor Releases Agenda For FAA Reauthorization Bill

Says US Aviation At 'Critical Juncture' As Funding Battle Looms

This week, transportation labor leaders unveiled an FAA Reauthorization agenda that "enhances aviation safety, protects aviation employees, supports good jobs and boosts aviation trust fund and general treasury funding to ensure a sound aviation system."

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AD: McDonnell Douglas

AD NUMBER: 2007-05-06 MANUFACTURER: McDonnell Douglas SUBJECT: Airworthiness Directive 2007-05-06 SUMMARY: The FAA is adopting a new airworthiness directive (AD) for certain McDonnell Douglas Model 717-200 airplanes.

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Qantas Takeover Generating Controversy

ACCC Gives Green Light To Buyout

Australian Prime Minister John Howard and Treasurer Peter Costello are in disagreement over whether the proposed takeover of Qantas Airlines should proceed.

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