Tuesday, May 27, 2014

Airline Division Week In Review - May 24, 2014



Airline Industry News
Governmental and Regulatory
President Barack Obama  announced a plan to expedite the entry process for travelers entering the U.S., beginning with the 15 largest airports. Obama also plans to develop an inter-agency team toward development of a national goal to reduce customs wait times.  
A new NTSB report says the government relied too much on Boeing for technical expertise when it certified the 787’s lithium-ion batteries as safe. The report also said the standard for certifying and testing such batteries on airplanes may not be adequate. 
According to the U.S. Department of Transportation, U.S. airlines are hiring. The agency reported that commercial carriers had 383,610 full-time workers in March, up nearly 1% over last year. This is the fourth consecutive month the industry has shown growth.
Airlines, Industry and Labor 
AirTran Airways will take its last flight on Dec. 28 from Atlanta to Tampa, Fla. Southwest Airlines acquired AirTran in 2011 for $1.4 billion, and all aircraft will fly under the Southwest name. AirTran was founded in 1993 as ValuJet, and changed its name to AirTran in 1996.  
Honeywell said progress continues on its Electric Green Taxiing System (EGTS), which is on track for a 2017 entry into service. Honeywell also said more than 30 airlines have expressed interest in the EGTS, which reduces fuel costs when an aircraft is taxiing.  
Boeing announced plans to acquire ETS Aviation for an undisclosed amount. Based in the U.K., ETS Aviation provides software that helps achieve fuel efficiency. 
Kurt Kuehn, the chief financial officer for UPS, said the package carrier is predicting solid resultsfor 2014. "We're seeing a slowly growing economy," he said. "Clearly there's some challenges in some areas. We're pretty confident that it's going to be a solid year."  
American Airlines plans to deploy its first CRJ-900s on its regional subsidiary, PSA Airlines. American also owns two other regional carriers, Envoy Air and Piedmont Airlines.  
Mesa Air Group Inc. today said it has reached an agreement to add six CRJ-900 aircraft to its fleet of 51 planes under contract for regional flying with American Airlines Group Inc. 
Steven Rothmeier, the no-nonsense executive who remade Northwest Airlines in the 1980s only to lose control of the company to a debt-fueled buyout, died Thursday in a Florida nursing home. Rothmeier, 67, had suffered from Lewy body disease, a type of progressive dementia, and Parkinson’s disease, which he’d struggled with for several years, said his brother Michael.


In recognition and remembrance of those who have lost their lives in defense of our freedoms and our nation,
the offices of the Airline Division will be closed on
Monday May 26, 2014. We will reopen for business on Tuesday, May 27th.

We ask that you join us in remembrance of the Soldiers, Sailors, Airmen, Marines and Coast Guardsmen
who have served and given their last measure for us.

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