According to the most recent marked forecast prepared by Airbus, Indian carriers will require 1,043 new passenger (1,020) and freighter (23) aircraft valued at $145 billion between now and 2030 to satisfy surging annual demand. India’s market for new aircraft makes it the world’s fourth largest in both number of aircraft and value.
Total Of $25 Million Distributed In Profit Sharing Awards And Bonuses
For the second year in a row, US Airways employees will receive profit sharing checks recognizing their contribution to the Company's full year profit. US Airways reported a $111 million profit for 2011.
As part of what TSA says is an ongoing effort to move towards a more intelligence-driven security system, enhance aviation security and improve passenger experiences at security checkpoints, the agency is testing modified screening procedures for passengers 75 and older.
Seeks An Increase In The $500 Million Offer From Boeing
The Aviation Ministry of India says Boeing should offer more than the $500 million on the table for three years of delays in delivering the Dreamliner to Air India. And they say if the deliveries are delayed further, the compensation should continue to go up.
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