Two Alliances To Operate Under "Open Skies"
The U.S. Department of Transportation (DOT) Wednesday proposed
to grant antitrust immunity to two air carrier alliances for
services between the United States and Japan, subject to the
Open-Skies aviation agreement between the two countries being
An aviation finance group has been launched by R.W. Pressprich
& Co., a fixed income and equity broker-dealer headquartered in
New York. The announcement Tuesday coincides with the hiring of
Steve Welo, CFA, as Managing Director.
The U.S. House of Representatives has passed a resolution
recognizing the 70th anniversary of the National Air Transportation
Association (NATA). House Resolution 1669 highlights the
association's rich history and contributions to improving the
safety of general aviation.