News agency Bloomberg reported last month a sharp decline in cargo shipments in the belly of passenger jets. United’s cargo traffic, for example, plunged 17 percent in August for the fourth straight drop that exceeded 10 percent, while Delta’s cargo was little changed for three months in a row. Meanwhile, American Airlines extended a streak of decreases that began in May.
The U.S. government’s effort to eliminate longer delays on airport tarmacs has made it more likely that airlines will cancel flights, according to a study by the Government Accountability Office. U.S. airlines were 24 percent more likely to cancel a flight in 2010 after the three-hour tarmac delay rule went into effect compared with the previous year, according to the GAO report.
Shares in FedEx, operator of the world’s biggest cargo airline, dropped the most in 2 1/2 years after the company cut its full-year profit forecast amid declining demand in the United States and Asia. Per-share earnings for the year will be $6.25 to $6.75, 10 cents lower than the previous range.
SG Biofuels, a San Diego-based company backed by Airbus, said it will plant 75,000 acres of jatropha in Brazil to power aircraft for about $50 a barrel less than traditional jet fuel. SG Biofuels says it will produce unrefined jatropha oil that will sell for $75 a barrel. Refined jet fuel costs about $126 a barrel in New York Harbor spot market last month.
Denver will become Icelandair's ninth North American gateway next May. The airline will operate four nonstop flights between Denver and Reykjavik.
Vector Aerospace Corporation held a grand opening last month for its newly relocated and expanded engine service center. Vector Aerospace Engine Services Atlantic-Dallas, Grapevine, TX, will offer a variety of specialized services including engine and engine accessory repair and overhaul, hot section inspections, boroscope inspections and field service support for the Pratt & Whitney Canada PT6A, JT15D and PW100 series engines.
KTSDI has opened a new parts and repair shop in Youngstown, OH. Servicing both towbar and towbarless tractors with Kessler axles and Transfer cases, Mobil Elektronik Steer-X-Wire and complete controls, Alfred Heyd tie rods and Neumeister Hydraulik. For more information, log on to www.ktski.com.
At last month’s Deutsche Bank Aviation and Transportation Conference, American Airlines did not rule out the possibility of seeking bankruptcy protection to reorganize its labor agreements.
U.S. Senators John Thune (R-S.D.), ranking member of the Commerce Committee's Subcommittee on Aviation Operations, Safety, and Security, and subcommittee member Mark Begich (D-AK) last month led a bipartisan group of 27 senators sending a letter to the EPA and FAA urging all to work together to find a safe, viable, readily available, and cost-efficient alternative to leaded avgas used by the general aviation community before taking steps to ban the fuel. Leaded avgas is currently used to fuel approximately 150,000 piston-engine aircraft across the nation. Despite ongoing research and testing, there is currently no safe or affordable alternative fuel to leaded avgas that can meet the needs of the GA aircraft fleet and FAA flight safety standards
Industrial Energy Products, Inc. has named Ship It AOG as its exclusive national distributor of the HOT-STOP 'L' Fire Containment Bag to the aviation industry. The bag has been tested twice in live fire evaluations at the FAA Tech Center. The HOT-STOP 'L' Fire Containment Bag safely contains fires, explosions and smoke emissions from lithium-ion-powered devices as well as any combustible item aboard an aircraft.
Menzies Aviation LAX has contracted with A&V Rebuilding to remanufacture its existing baggage/cargo tractor fleet. The noncompliant Ford 300 engines are being replaced with New CARB/EPA Certified Ford DSG-423, 2.3L LPG fueled engines.