//ORGANISATIONS

Airlines Financial Monitor – October 2021

Source: IATA Key points: Initial Q3 financial results indicate that pressure on airlines’ profitability eased further compared with Q2 as passenger traffic restarted on some domestic and short-haul routes with the reopening of markets. Global airline share price index ticked down in October, reflecting investors’ concerns about the impact of rising jet fuel prices on airlines’ financial recovery. The performance gap between wider equity markets and airline stocks widened. The jet fuel price continued to trend upwards in recent weeks as economic activity restarts around the world and supply remains tight. As of early November, jet fuel price was 70% higher vs. the start of the year. View full report 

2021-11-09T18:49:55+02:00November 9th, 2021|News, ORGANISATIONS|

U.S. DOT delivers new assistance to protect aviation manufacturing jobs—and reopens application process one last time

Source: US DOT The U.S. Department of Transportation (DOT) today announced that it will offer an additional $184 million in funding provided by the American Rescue Plan to 158 more aviation manufacturing businesses. The Aviation Manufacturing Jobs Protection Program (AMJP) is helping protect nearly 30,000 American manufacturing jobs across 41 states and Puerto Rico. These new awards, combined with the first round of funding in September, brings the total to $626* million to help protect aviation manufacturing jobs. At the same time, DOT has announced that it will reopen the application process one last time. Final applications will be due on Monday, December 13, 2021. The Employee Retention Tax Credit (ERTC) program is no longer a constraint on AMJP awards. [...]

2021-11-08T22:04:47+02:00November 8th, 2021|News, ORGANISATIONS|

ACI-LAC Webinar: “Legal, Regulatory and Aeropolitical Aspects of Air Service Development”

Source: ACI-LAC To all ACI-LAC members, We would like to invite you to the first ACI-LAC & InteVISTAS Consulting Inc. webinar on "Legal, Regulatory and Aeropolitical Aspects of Air Service Development". This webinar will provide an introduction to the key aeropolitical aspects that affect air service development and airport-airline relations. In particular, we will review some of the most relevant provisions in bilateral air service agreements that airports should consider when targeting airlines in foreign markets. For example, the nature and scope of traffic rights (based on so-called freedoms of the air), the meaning of route schedule flexibility and the value of co-terminalization, scheduled v. charter operations (passenger and cargo), key doing business provisions for airlines, and designations. You will also learn [...]

2021-11-05T18:42:02+02:00November 5th, 2021|News, ORGANISATIONS|

Air Travel Consumer Report: August 2021 Numbers

Source: US DOT The U.S. Department of Transportation today released its October 2021 Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of August 2021. The ATCR is designed to assist consumers with information on the quality of services provided by airlines. The ATCR and other aviation consumer matters of interest to the public can be found at http://www.transportation.gov/airconsumer.     The COVID-19 pandemic continued to result in significant changes to airline schedules and operations in August 2021. The 592,760 flights operated in August 2021 were 84.1% of the 704,553 flights operated in pre-pandemic August 2019.   Operated flights in August 2021 were up 50.4% year-over-year from the 394,143 flights operated in August 2020 and down 2.1% month-over-month from [...]

2021-11-05T17:34:41+02:00November 5th, 2021|News, ORGANISATIONS|

Latin America and Caribbean flying returns to 76% of 2019 levels

Source: ACI-LAC New, special report from Airports Council International Latin America and the Caribbean and Cirium reveals Flight capacity has returned to 76% of pre-pandemic levels for Latin America and the Caribbean, according to a new, special report released today by Airports Council International Latin America and the Caribbean (ACI-LAC) and Cirium, the aviation data company.  Approximately 74% of the capacity is domestic flying and 26% is international. The increase in capacity is also evident in the aircraft returning to service, with a total of 1,667 aircraft in service on September 1, 2021, compared to 1,220 one year prior. The positive developments for the region are explained in this month’s Airline Insights Special Report. Subsequent findings will be released to [...]

2021-11-05T13:04:19+02:00November 5th, 2021|News, ORGANISATIONS|

Three Military Airports Now Eligible for Funding to Add Civilian Operations

Source: FAA The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has selected three airports to be eligible for grants to add civilian aviation operations at former and current military airfields, adding system capacity and helping to reduce congestion at existing airports. Kelly Field in San Antonio, Texas; Mobile Downtown Airport in Mobile, Ala.; and Salina Regional Airport in Salina, Kan., will now be able to apply for Airport Improvement Grants. “Adding civilian flights to these airports increases their role in fostering economic growth and creating jobs in their communities,” U.S. Transportation Secretary Pete Buttigieg said. “Working with local stakeholders, the Military Airport Program is an innovative and fiscally responsible way to help improve prior military facilities and make them [...]

2021-11-05T10:03:25+02:00November 5th, 2021|News, ORGANISATIONS|

Standardized runway reporting format to enhance aviation safety worldwide

Source: ICAO The ICAO Global Reporting Format (GRF) for assessing and reporting runway surface conditions, which became applicable worldwide today, will help mitigate the risk of runway excursions, which continues to be the most common form of aviation accident. The harmonization of the assessment and reporting of runway surface conditions will not only benefit runway safety, but also efficiency and sustainability, through a better planning of contaminant removal and the more effective use of de-icing and other treatments. "Early implementation by a number of pioneer States has confirmed the benefits and suitability of the GRF," declared ICAO Secretary General Juan Carlos Salazar, noting that the operational experience gained during the upcoming winter, rainy, and monsoon seasons in various parts of [...]

2021-11-05T10:00:48+02:00November 4th, 2021|News, ORGANISATIONS|

UNWTO Secretary-General: ‘The climate emergency is a bigger threat than Covid’

Source: UNWTO “Going back to the old normal is not an option.” He also said tourism represents a risk-free investment opportunity and highlighted the need to invest in education and youth on the way to net zero. The UNWTO, World Travel & Tourism Council (WTTC) and other tourism and travel stakeholders will officially launch the Glasgow Declaration on Climate Action in Tourism at the United Nations Climate Change Conference COP26  on Thursday (4 November). The WTTC is also planning to launch the Net Zero Roadmap for Travel & Tourism, to support the industry in combatting climate change, as part of the sector’s drive towards net zero by 2050. The initiative is being run in collaboration with the UN Environment Programme [...]

2021-11-03T20:53:08+02:00November 3rd, 2021|News, ORGANISATIONS|

AvAir is the newest ALTA affiliate member

Source: ALTA The Latin American and Caribbean Air Transport Association (ALTA) is pleased to welcome AvAir as its newest affiliate member. Arizona-based AvAir is a global leader in the aviation aftermarket, providing customized inventory solutions for airlines, OEMs, and MROs.  Recognized as a global leader, AvAir has been named “No. 1 Parts Supplier of the Year” by Airline Economics, and “Fastest Growing Companies in America” by Inc. 5000. AvAir offers solutions for customers and suppliers to buy, sell, exchange, loan, lease, or consign inventories with more than 26 million in-stock parts. The company is ISO 9001, AS9120, and ASA 100 certified, and adheres to the highest quality standards in all phases: purchasing, receiving, stocking, sales, and shipping. José Ricardo Botelho, [...]

2021-11-03T20:02:38+02:00November 3rd, 2021|News, ORGANISATIONS|

FAA Proposes Longer Rest Period between Shifts for Flight Attendants

Source: US FAA The U.S. Department of Transportation’s Federal Aviation Administration (FAA) today proposed a regulation to require that flight attendants have a longer rest period between shifts. The proposed rule would increase the rest period to 10 consecutive hours when scheduled for a duty period of 14 hours or less. "The Biden-Harris Administration is proud to advance policies that protect and empower workers. This proposal will contribute to a safer, healthier workplace for flight attendants," said Transportation Secretary Pete Buttigieg. “Flight attendants play a critical safety role in keeping passengers safe on every flight and especially in emergencies. This proposal helps reduce fatigue so they can perform this critical role,” FAA Administrator Steve Dickson said. Currently, flight attendants are [...]

2021-11-03T22:42:39+02:00November 3rd, 2021|News, ORGANISATIONS|