Aviation News Releases Magazine – Tuesday, February 15, 2011

 

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NASA Announces Fiscal Year 2012 Budget

NASA Announces Fiscal Year 2012 Budget
WASHINGTON — NASA announced Monday an $18.7 billion budget request for fiscal year 2012 that supports a reinvigorated path of innovation, technological development and scientific discovery. The budget supports all elements of NASA’s 2010 Authorization Act, which was passed by a strong bipartisan majority of Congress and signed into law by President Obama.”This budget requires us to live within…
Feb-15-2011 | More »
Pentagon Request Makes Cuts, Cites New Investments
By Amy Butler abutler@aviationweek.com, Michael Bruno michael_bruno@aviationweek.comWASHINGTON, The Pentagon is requesting $671 billion in spending for Fiscal 2012, including $553 billion in the base budget and almost $118 billion for war operations in Afghanistan and Iraq. The administration’s plans seek savings in part from cost-cutting measures…
Feb-15-2011 | More »
Obama Renews Push For Infrastructure Bank
By Andrew Compart andrew_compart@aviationweek.com A “national infrastructure bank” could be used to guarantee private loans that would help airlines equip their aircraft for the satellite-based Next Generation air traffic control program, the Obama Administration says in its fiscal 2012 budget proposal for the Transportation Department. The…
Feb-15-2011 | More »
Indonesian Airlines Set For Consolidation
By Leithen FrancisSingapore Financially troubled Indonesian carrier Mandala Airlines’ move to suspend all operations indefinitely may be a precursor of similar actions by other airlines. Indonesia has more than 20 commercial airlines, but market consolidation appears inevitable due to a new rule that is coming into effect in January 2012,…
Feb-15-2011 | More »
Hawaiian To Launch Another Japanese Route
By Andrew Compart Hawaiian Airlines says it will begin daily service July 12 between Honolulu and Osaka, Japan, pending Japanese government approval. Hawaiian says the response to its new service to Tokyo Haneda has been stronger than expected, accelerating its plans to begin Osaka service. The airline began service to Tokyo and Seoul,…
Feb-15-2011 | More »
EC Probes Lufthansa, TAP, Other Code-Shares
By Robert Wall European Union antitrust regulators are taking a closer look at code-share agreements between Lufthansa and Turkish Airlines, as well as between TAP Portugal and Brussels Airlines. The European Commission (EC) told the carriers it believes they may be “in breach of EU rules on anti-competitive agreements (Article 101 of the…
Feb-15-2011 | More »
USAF Space, Bomber Programs Move Forward
By Amy Butler The U.S. Air Force is sacrificing part of its Global Hawk unmanned aerial system program while proceeding with a more aggressive buy of satellites and rockets, and moving forward with a bomber program. The Air Force is proposing in its fiscal 2012-16 budget to cut $428 million from its Global Hawk Block 40 program, which aims…
Feb-15-2011 | More »
Gates Seeks Help To End JSF Alternate Engine
By Michael Bruno michael_bruno@aviationweek.com U.S. Defense Secretary Robert Gates says he will continue funding the General Electric-Rolls Royce F136 alternate engine for the Lockheed Martin F-35 Joint Strike Fighter program for now, but hopes tea party lawmakers and budget hawks in the House this week will help cancel the unrequested program…
Feb-15-2011 | More »
Rolls Locks In $2.2 Billion Emirates Deal
By Robert Wall Rolls-Royce and Emirates Airlines have closed a $2.2 billion deal for the Middle East carrier’s A350XWB engines and their support. The deal covers all 70 A350XWBs Emirates currently has on firm order. The TrentXWB is the only engine on offer for the Airbus widebody. Rolls says it now has 128 Emirates airliners on contract….
Feb-15-2011 | More »
Pentagon Aims For Tanker Award Next Month
The Pentagon said on Monday it hopes in the next month or so to award a contract, worth roughly USD$35 billion, for 179 US Air Force tanker aircraft, capping a saga that began almost a decade ago …
Feb-15-2011 | More »
EADS Chief Sees No Reason To Doubt 2012 Handover
EADS chief executive Louis Gallois sought in remarks published on Monday to dampen speculation about management changes planned for next year …
Feb-15-2011 | More »
China To Build USD$1.2 Bln Airport In Sudan
A Chinese company has won a EUR€900 million (USD$1.21 billion) contract to build a new international airport in the Sudanese capital Khartoum, underscoring the close links between China and sanctions-hit Sudan …
Feb-15-2011 | More »
Turkish Air Passenger Numbers Up 6.3 Pct
Turkish Airlines, Europe’s fourth-biggest airline, said passenger numbers rose 6.3 percent to 2.1 million in January, the fourth consecutive month that growth slowed …
Feb-15-2011 | More »
Atlas Air Profit Tops Expectations
Atlas Air posted a higher-than-expected quarterly profit and forecast 2011 earnings above current estimates, sending the cargo carrier’s shares up to a nearly three-year high …
Feb-15-2011 | More »
Forward Air Q4 Profit Beats Estimates
Air cargo company Forward Air posted a quarterly profit that beat market estimates, helped by strong performance at all its segments, and said improving macroeconomic environment along with company-specific positive trends will continue this year …
Feb-15-2011 | More »
Boeing Aims For 737 Decision Mid-Year
Boeing is still dithering over whether to update its top-selling 737 single-aisle jet with new engines or introduce a whole new model for the next decade, but a company executive said on Monday it aims to come to a firm decision around the middle of this year …
Feb-15-2011 | More »
US Homeland Security Budget Gets Boost
The Obama administration on Monday proposed a nearly 2 percent increase in spending on US homeland security for 2012, one the few areas of the budget that will likely see a boost as the White House battles a ballooning deficit …
Feb-15-2011 | More »
Kenya Airways Q4 Passenger Numbers Up
Kenya Airways reported an 8.9 percent rise in passenger volumes in the final quarter of 2010 after introducing new routes and more frequent flights to Juba in south Sudan …
Feb-15-2011 | More »
Republican Bill To Slash US Air Travel Budget
Proposed legislation in the US House of Representatives would roll back funding for air traffic control and would eliminate a popular airline subsidy that ensures service to small communities …
Feb-15-2011 | More »
Report Slams Graft In China Airport Building Boom
China’s airport building boom over the past five years has caused a litany of graft and environmental problems, but has managed to boost local economies, the government’s spending watchdog said on Monday …
Feb-15-2011 | More »

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