If you've flown commercially lately, you already know ticket
prices are a lot higher than they were one year ago... and on
Wednesday, the DOT's Bureau of Transportation Statistics released
figures to back that up. The government says average air fares in
the fourth quarter of 2007 were up 4.0 percent from the fourth
quarter of 2006 -- reaching the highest fourth-quarter level since
2001 but remaining 2.7 percent below the high set in 2000 for any
October-to-December period.
We have a new "winner" in the contest of which US airline
managed to lose the most money in the first quarter of 2008... by a
significant margin. On Wednesday, Delta Air Lines posted a
staggering $6.4 billion loss -- that's not a typo -- for the first
three months of the year. The carrier attributed the mind-numbing
loss to high fuel prices, and a slumping US economy.
Despite Economic Woes, 787 Delays... Boeing Continues To Make
Money
Even as most of its domestic airline customers continue to bleed
red ink, on Wednesday Boeing posted a 43-percent increase to its
first quarter earnings for 2008. Net income rose 38 percent to $1.2
billion, according to the American planemaker, and operating margin
rose to 11.3 percent.
AD NUMBER: 2008-09-05
MANUFACTURER: Boeing
SUBJECT: Airworthiness Directive 2008-09-05
SUMMARY: We are adopting a new airworthiness directive
(AD) for certain Boeing Model 747 airplanes.
AD NUMBER: 2008-08-22
MANUFACTURER: Boeing
SUBJECT: Airworthiness Directive 2008-08-22
SUMMARY: We are adopting a new airworthiness directive
(AD) for certain Boeing Model 737-600, -700,-700C, -800, and -900
series airplanes.
AD NUMBER: 2008-08-26
MANUFACTURER: Boeing
SUBJECT: Airworthiness Directive 2008-08-26
SUMMARY: We are adopting a new airworthiness directive
(AD) for all Boeing Model 767 airplanes. This AD requires a
one-time inspection to determine the material of the forward and
aft gray water drain masts.
AD NUMBER: 2008-08-23
MANUFACTURER: Boeing
SUBJECT: Airworthiness Directive 2008-08-23
SUMMARY: We are adopting a new airworthiness directive
(AD) for all Boeing Model 737-200C series airplanes.
AD NUMBER: 2008-09-04
MANUFACTURER: McDonnell Douglas
SUBJECT: Airworthiness Directive 2008-09-04
SUMMARY: We are adopting a new airworthiness directive
(AD) for all McDonnell Douglas airplanes identified above.
AD NUMBER: 2008-08-25
MANUFACTURER: Boeing
SUBJECT: Airworthiness Directive 2008-08-25
SUMMARY: We are adopting a new airworthiness directive
(AD) for certain Boeing Model 747-400F and -400 series
airplanes.
Porter Airlines Loses Two Of Seven Routes Into Newark
The FAA's recent decision to impose caps on hourly operations at
Newark Liberty International Airport has been criticized in some
circles as a blunt instrument... and now one Canadian airline says
the FAA caps could put it out of business.
It now appears a Boeing 757 which lost a four-by-five-foot
composite wing panel somewhere over Maryland late last month,
suffered failed fasteners which were installed as part of an FAA
airworthiness directive in 1991.
$2.2 Million Sale Price Will Pay Off Main Creditors
Aloha Airlines, which ended passenger service last month in the
face of competition from Mesa's go! subsidiary, has been struggling
to move forward with sales of its other divisions. The company's
hopes of selling its air cargo division have been placed in
jeopardy by assertive creditors, and pilots threatening to
strike.
Order Includes Purchase Rights For Another Eight Planes
Biman Bangladesh Airlines and Boeing announced Tuesday the
airline's order for four 777-300ER and four 787-8 Dreamliner
aircraft, during a signing ceremony in the Bangladeshi capital of
Dhaka.
Boeing and Airbus said Tuesday they will join forces to support
the development of next generation air traffic control, to improve
fuel efficiency, and reduce emissions and congestion.