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October 07, 2010

DOT Proposes To Approve Antitrust Immunity For U.S.-Japan Aviation Alliances

Two Alliances To Operate Under "Open Skies" Agreement       

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 signed.

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Gone West: David Cronin, Pilot Of United Flight 811

Cargo Door Blew Out Of The United 747, Cronin Landed The Plane Safely

David Cronin, who was the captain of United Airlines Flight 811 on February 24, 1989, passed away Monday at his home in Nevada. Cronin was 81.

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R.W. Pressprich & Co. Launches Aviation Finance Group

Will Focus On Sales, Trading, Other Areas

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.

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FAA Says B747-8, 787 Spacing Rules 'Premature'

Has Backed Off The 10 Mile Separation On Takeoff, Landing

The FAA has a bit of egg on its face over separation rules issued for Boeing's new 747-8 and 787 aircraft. A spokeswoman said they were issued "prematurely," and that there were "a number of errors."

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U.S. House Recognizes 70th Anniversary Of NATA

H.R. 1669 Introduced By Tennessee's John Duncan

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.

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