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So far Kostas Iatrou has created 1966 blog entries.

Updated Aviation Security standards adopted by the ICAO Council

Source: ICAO During its recent 225th Session the Council of ICAO adopted Amendment 18 to Annex 17 to the International Standards and Recommended Practices, Aviation Security (Annex 17 to the Convention on International Civil Aviation). Amendment 18 arises from the proposals of the Thirty-second Meeting of the Aviation Security Panel (AVSECP/32), held virtually from 31 May to 4 June 2021, in order to ensure that the measures in Annex 17 – Aviation Security are commensurate with the level of threat to civil aviation. When adopting Amendment 18, the Council prescribed 18 July 2022 as the date on which it would become effective, except for any part concerning which the majority of Member States have registered their disapproval before that date. [...]

2022-05-09T13:39:40+03:00May 9th, 2022|News, ORGANISATIONS|

Embraer and Eve evaluate autonomous flight technologies in real flights over Rio de Janeiro

Source: Embraer Embraer S.A. (“Embraer”) concluded a series of experimental flights in Rio de Janeiro, Brazil, focused on evaluating new autonomous system technologies in real flight conditions. The goal is to enable safe autonomous operation in complex urban environments. The aerial data collection and real-time evaluation of these technologies in urban scenarios used regular piloted helicopters as part of the Embraer Autonomous Systems project (“Project EASy”), which uses agile testing process for the development of best-in-class solutions that will enable the autonomous aviation of the future. Embraer worked with Eve UAM, LLC (“Eve”), an Embraer company dedicated to accelerating the Urban Air Mobility (“UAM”) ecosystem, and in direct collaboration with partners Daedalean, Iris Automation and Near Earth Autonomy for seven [...]

2022-05-09T13:44:34+03:00May 9th, 2022|MANUFACTURERS, News|

Air Canada Cargo Operates First Freighter Flight to Madrid

Source: Air Canada Air Canada and Air Canada Cargo also offer capacity to Madrid and Barcelona on passenger service with five weekly flights from Toronto Air Canada said today that it has operated the first flight of a Boeing 767-300 freighter by Air Canada Cargo into Madrid as it continues to expand its freighter network in Europe.  Through its extensive network of freighter and passenger flights, shipments from the US, Latin America and Canada can connect easily to Madrid and Barcelona via the carrier’s Toronto hub. “With our second Boeing 767-300 freighter now in the fleet, we are growing our footprint in Europe. In addition to flights to Frankfurt, Air Canada Cargo will offer three flights per week to Madrid, [...]

2022-05-05T13:57:56+03:00May 5th, 2022|AIRLINES, News|

Chair DeFazio Honors the Legacy of Former DOT Secretary Norman Y. Mineta

Source: House Committee on Transportation and Infrastructure Following the terrorist acts of September 11, 2001, Secretary Mineta guided the creation of the Transportation Security Administration The agency with more than 65,000 employees was the largest mobilization of a new federal agency since World War II The Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR) released the following statement on the passing of Norman Y. Mineta: “Norm was the Chair of the Subcommittee on Aviation and one of my mentors when I first came to Congress, and I benefited tremendously from his leadership and guidance. His example inspired me to vigorously oversee the aviation industry and FAA, and insist on safety for the traveling public before all [...]

2022-05-04T22:52:28+03:00May 4th, 2022|News, ORGANISATIONS|

AUS secures $400 million of funding for Airport Expansion and Development Program projects

Source: Austin-Bergstrom International Airport Austin-Bergstrom International Airport has secured $400 million of funding after a successful Airport System Revenue Bond sale to investors. The funds will support near-term Airport Expansion and Development Program (AEDP) projects. Over the lifetime of the Program, an estimated $3.5 to $4 billion will be invested in airport improvements to support more passengers and more flights. “Securing this funding is a milestone for the Airport Expansion and Development Program,” said Gina Fiandaca, Assistant City Manager for Mobility. “I commend the City of Austin Department of Aviation and Financial Services teams for working tirelessly over the last several months to prepare for this bond sale and secure this financing. This bond sale moves us closer to breaking ground on [...]

2022-05-04T13:14:07+03:00May 4th, 2022|AIRPORTS, News|

2021 Annual and 4th Quarter U.S. Airline Financial Data

Source: US Department of Transportation U.S. scheduled passenger airlines reported a 2021 after-tax net loss of $2.8 billion, declining for the second straight year after seven consecutive annual after-tax profits and a pre-tax operating loss of $17.3 billion, declining for the second straight year after 11 consecutive annual pre-tax profit. U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional 2020 annual (Tables 1-6) and fourth-quarter (Tables 7-12) financial results. 2021 Annual Results for All 25 Scheduled Passenger Airlines After-tax net income $2.8 billion loss in 2021 Compared to $35.0 billion loss in 2020 Pre-tax operating profit/loss $17.3 billion loss in 2021 Compared [...]

2022-05-03T15:25:09+03:00May 3rd, 2022|News, ORGANISATIONS|

Spirit Airlines Board of Directors Reiterates Support for Merger with Frontier Airlines

Source: Spirit Airlines Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today announced that its Board of Directors (the "Board"), in consultation with outside financial and legal advisors, has unanimously determined that the unsolicited proposal received from JetBlue Airways ("JetBlue") (NASDAQ: JBLU) does not constitute a 'Superior Proposal' as defined in Spirit's merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., because it has determined that the proposed transaction is not reasonably capable of being consummated. The Board continues to believe that the pending transaction with Frontier represents the best opportunity to maximize value and recommends that Spirit shareholders adopt the merger agreement with Frontier. Spirit's Board of Directors also issued the following [...]

2022-05-03T15:19:36+03:00May 3rd, 2022|AIRLINES, News|

JetBlue Submits Enhanced Superior Proposal to Acquire Spirit

Source: JetBlue JetBlue today announced it has enhanced its proposal to the Board of Directors of Spirit (NYSE: SAVE) to acquire all of the outstanding common stock of Spirit for $33 cash per share. The enhanced proposal offers Spirit shareholders both superior financial value and greater certainty than the Frontier transaction: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220502005423/en/ Divestiture commitment: If necessary, JetBlue would agree to divest assets of JetBlue and Spirit up to a material adverse effect on Spirit, with a limited carve-out for actions that would adversely impact JetBlue’s Northeast Alliance (NEA) with American Airlines. Remedy package to address NEA and regulatory concerns: JetBlue would offer a remedy package that includes the divestiture of [...]

2022-05-03T17:44:40+03:00May 3rd, 2022|AIRLINES, News|

Norse Atlantic Airways launches ticket sales between Norway and the United States with one-way fares starting from NOK 995 and $129

Source: Norse Atlantic Airways Today, Norse Atlantic Airways has opened ticket sales for flights between Norway and the United States with the full launch of www.flynorse.com. This marks a milestone for the company and heralds a new era for consumers seeking good value, choice and friendly service when choosing to travel across the Atlantic. Fares will start from an unprecedented NOK 995 and $129 one-way, including all applicable taxes. The first flight departing from Oslo to New York (JFK) will take place on 14th June. The airline will also serve Fort Lauderdale (FLL), Orlando (MCO) and Los Angeles (LAX) from Oslo. “This is a major milestone for all of us at Norse Atlantic Airways and a testament to the dedication [...]

2022-05-01T19:39:11+03:00April 29th, 2022|AIRLINES, News|

Series of penalties issued as part of Transport Canada’s investigation into the Montréal–Cancun flight of December 30, 2021

Source: Transport Canada The safety and security of travellers and transportation workers is paramount to Transport Canada. Following Transport Canada's investigation into the Montréal-Cancun flight of December 30, 2021, the Honourable Omar Alghabra, Minister of Transport, announced today that the majority of non-compliant passengers have received penalties. Transport Canada has issued a total of 42 penalties to 37 of the 154 passengers, including 18 penalties for non-compliance of vaccination status, and 24 penalties for not respecting instructions to wear a mask. The total value of these penalties, which could reach a maximum of $5,000 each, is $59,500. Since January 4, 2022, Transport Canada has been conducting an investigation to determine whether the Aeronautics Act, regulations or requirements pertaining to aviation safety [...]

2022-05-01T19:38:27+03:00April 29th, 2022|News, ORGANISATIONS|