Friday, February 2, 2007
This past week the FAA announced that it will issue a NPRM later this year to raise the mandatory retirement age for U.S. commercial pilots from 60 to 65. This would bring the U.S. in line with ICAO standards which allow one pilot of a commercial aircraft to be as old as 65 as long as the other pilot is under age 60. The FAA has been examining this idea closely and this past November its Age 60 Aviation Rulemaking Committee issued an extensive report on this topic.
The European Commission also recently adopted an "airport package" consisting of three key initiatives: (1) a proposal for a directive on airport charges; (2) a communication on airport capacity, efficiency and safety in Europe; and (3) a report on the implementation of the directive on groundhandling. The package focuses on the role of airports in the further development and competitiveness of the European internal aviation market and will shape the future of airport regulation in Europe by ensuring regulatory convergence between Member States. Full details on the Commission's proposals can be found here.
Our next posting will contain a roundup of the latest details on potential industry mergers and acquisitions, including the collapsed US Airways - Delta merger proposal and the Alitalia privatization process.