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ATW Daily News
747-8 completes first flight one day shy of 41st anniversary of original 747 flight
Tuesday February 9, 2010The 747-8 freighter achieved first flight yesterday, taking off from Paine Field in Everett, Wash., at around 12:40 p.m. local time following a nearly 3-hr. weather delay and landing at the same airport at 4:18 p.m., marking the start of flight testing for the latest derivative of Boeing's successful widebody program. [ more ]
IATA: Airline CFOs confident demand, profitability will continue to improve
Tuesday February 9, 2010IATA said executives from airlines around the world reported "a sharp improvement in the business environment" for the air transport industry in the final months of 2009 and are optimistic that conditions will continue to improve throughout the current year. [ more ]
FAA seeks comment on new pilot certification proposals
Tuesday February 9, 2010FAA yesterday published an advance notice of proposed rulemaking seeking public comment on proposals to adjust certification regulations for FAR Part 61 and 121 pilots and "to gather information on whether current eligibility, training, and qualification requirements for commercial pilot certification are adequate." [ more ]
Thai approves lease of 15 widebodies
Tuesday February 9, 2010The Thai Airways board announced plans to lease 15 widebody aircraft over the next five years, requiring an investment of approximately THB35 billion ($1.05 billion). [ more ]
Today's Other Headlines
Tuesday February 9, 2010- UPS to begin furloughing 300 pilots in May absent new agreement
- HNA Group to launch new Beijing airline
- Flight recorders recovered from downed Ethiopian 737
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ATWOnline In-Depth
JAL bankruptcy: Tokyo airline's restructuring likely to have global consequences
Last week's bankruptcy filing by Japan Airlines shook Japan's business and political communities as well as the international air transport industry, with potential implications reverberating well beyond the question of whether JAL can achieve a successful restructuring. Japan's new government, which only has been in office for four months, is banking on the belief that pushing the carrier into a court-monitored proceeding--rather than a more direct bailout--will force it to make deep structural changes that will lead to long-term prosperity. MORE
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