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ATW Daily News

ANA adds five 787s to order, to issue nearly $2 billion in new stock

Thursday July 2, 2009

ANA raised its firm 787 commitment to 55 aircraft from 50, according to a document released yesterday detailing the company's plan to issue 575 million new shares worth an estimated ¥182.62 billion ($1.9 billion) that will be used largely to finance new aircraft. [ more ]

EC extends Austrian/Lufthansa investigation; focus is on concessions

Thursday July 2, 2009

The European Commission extended the deadline of its investigation into the takeover of Austrian Airlines Group by Lufthansa by at least 14 days, or up to a maximum 90 days although a decision is expected to come in about two weeks. [ more ]

No additional Yemenia survivors found; EC threatens blacklisting

Thursday July 2, 2009

French military aircraft and boats are continuing to search the Indian Ocean near Comoros for debris and survivors from the Yemenia Yemen Airways A310-300 that crashed late Monday, while the European Commission demanded that the airline "urgently provide" information on its maintenance program to avoid being placed on the EU's list of banned carriers. [ more ]

Arab carriers, SITA join forces to negotiate EU emissions trading

Thursday July 2, 2009

Eleven member airlines of the Arab Air Carriers Org. will be the first users of SITA's new Aircraft Emissions Manager when the solution becomes available commercially in October, AACO and SITA revealed yesterday at the latter's Air Transport IT Summit in Cannes. [ more ]

Today's Other Headlines

Thursday July 2, 2009

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ATWOnline In-Depth

Sunlight at tunnel's end: Industry players at Paris Air Show believe recovery is coming

The 48th Paris Air Show (June 15-21) got off to a dreary start. The first day was plagued by heavy rain and traffic jams at Le Bourget's entrances, to say nothing of the global economic downturn that has dragged on airlines' and OEMs' bottom lines. Before the event even started, Airbus hinted that production cuts in 2010 and 2011 may be necessary and carriers signaled that the traditional big air show orders would not be forthcoming. MORE


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The US House of Representatives recently passed an FAA reauthorization bill containing several controversial provisions, including one calling for airline alliance antitrust immunity to expire every three years and another that would impose drug testing requirements on foreign repair stations that maintain aircraft operated by US airlines. The bill:

Will be drastically rewritten by the Senate and the provisions in question will be watered down or altogether eliminated by the time President Barack Obama signs the legislation.
Will become law largely as is, shaking up the global air transport business and angering airlines, the EU and other governments.
Will stall completely; the US failed to pass FAA reauthorization in 2007 and 2008 and this year will be no different.

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The airline industry has weathered a stormy year, marked by the swiftest and broadest economic collapse since at least the early 1970s, a spate of high-profile accidents, soaring jet fuel prices and historic losses by both LCC and legacy airlines.

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