Festering islet dispute with China inflicting pain on aviation, travel industries

Kingfisher is a symptom of the larger malaise afflicting Indian aviation Times of India Kingfisher Airlines (KFA) is down but whether it's out or not depends on how expeditiously it produces a credible revival plan. The Directorate General of Civil Aviation is justified in suspending its licence owing to misgivings about passenger safety ... See all stories on this topic »

'Airport fee hikes will hurt India's civil aviation' Hindu Business Line How are you going to attract airlines and therefore traffic to transit these cities if the charges are going to be so high? I think it works against the interests and aspirations that the Indian civil aviation authority has. On top of that because the ... See all stories on this topic » Hindu Business Line

Aviation industry seizes on minister's pledge to accept airports advice The Guardian The aviation industry has seized on an apparent shift in policy on airport capacity in south-east England, as the aviation minister committed to accepting the recommendations of an independent commission. Simon Burns, speaking at the Airport Operators ... See all stories on this topic » The Guardian

Prefer investing in infra, banking space over aviation: Deven Choksey, KR ... Economic Times I am not very confident about buying into the aviation stocks. I have been maintaining this trend for quite sometime now because we are not comfortable buying into aviation stocks due to the cost structure of this industry which is unfavourable to most ... See all stories on this topic »

Albert Ueltschi, Billionaire CEO for Buffett, Dies at 95 Businessweek Albert Ueltschi , a pilot who founded aviation-training company FlightSafety in 1951, expanded it into an international powerhouse and sold it to Warren Buffett for $1.5 billion, has died. He was 95. Source: FlightSafety International Inc. via ... See all stories on this topic »

Festering islet dispute with China inflicting pain on aviation, travel industries The Japan Times The heightened Japan-China tensions over the Senkaku Islands dispute is affecting the aviation and travel industries of both sides, with future prospects looking increasingly gloomy, analysts say. According to Japan's transport and tourism ministry ... See all stories on this topic »

Sumitomo Seeks Top-three Slot in Growing Lease Market Aviation International News Japan's Sumitomo Mitsui Bank (SMBC) beat more than 30 other bidders to complete the acquisition of RBS Aviation Capital on October 15, demonstrating the growing importance of leasing in new-airliner acquisitions. The bank's new SMBC Aviationdivision ... See all stories on this topic » Aviation International News

Politics Puts A350 Under Financial Pressure Aviation International News Airbus might have to seriously consider alternative means of financing development of the A350 if the German government withholds loans of €600 million ($787 million) for the project, as reported in the German press. Airbus won't comment, nor will ... See all stories on this topic » Aviation International News

Under The Radar: The Aviation And Aerospace Industry In Long Beach Flies On ... Long Beach Business Journal - Long Beach News The new concourse and terminal modernization investment epitomizes the success the airport has had in recent years, even as commercial and general aviation traffic has slowed nationwide since the onset of the economic recession. “[The new concourse] ... See all stories on this topic »

GE Aviation tests new engine core UPI.com GE Aviation said the core, together with an adaptive low pressure spool, will improve an engine's fuel efficiency 25 percent, increase operating range 30 percent and boost engine thrust as much as 10 percent. "The ADVENT engine is a revolutionary ... See all stories on this topic »