June 13, 2012
US Airways Wants to Secure Antitrust Approval for Proposed AMR Merger
Reuters reports that US Airways would like to initiate the regulatory review process for its proposed merger with American Airlines this summer. According to the article, US Airways hopes to, with American's consent, file paperwork with antitrust regulators as early as next month. It seems unlikely that American management, which still holds out hope of emerging from bankruptcy without merging, will be willing to work with US Airways on a regulatory filing so soon. Reading between the lines of the article, US Airways appears willing to push back its time frame if necessary to secure cooperation from American.
June 12, 2012
China, EU Escalate Emissions Dispute
The latest war of words in the ongoing dispute over the EU's Emissions Trading Scheme (ETS) suggests that the conflict may come to a head this week. According to Reuters, EU Climate Commissioner Connie Hedegaard threatened enforcement action against Chinese carriers that fail to submit emissions data by the end of this week. The Chinese government prohibited its carriers from complying with the original March 31 submission deadline and the article quotes a Chinese official as saying the government's position will not change. Instead, China threatened retaliation for any sanctions imposed on its carriers, expressing a willingness to impound EU aircraft if necessary. While both sides reiterated their desire to avoid a trade war, it appears serious diplomatic efforts will be necessary over the next few days or initial hostilities may commence.
June 11, 2012
EU Transport Ministers Endorse Better Airports Noise Regulation Proposal
According to a TravelDailyNews International story, the EU Council of transport ministers decided last week to recommend the aircraft noise regulation portion of the EC's Better Airports package of legislative proposals for adoption into law. If passed by the European Parliament, the proposed legislation would replace Directive 2002/30/EC in an attempt to better harmonize noise regulation across EU Member States and promote greater adherence to ICAO's "balanced approach" to aircraft noise management. Member States would still determine the substance of their noise regulations under the new proposal as the proposed changes are directed at the processes by which noise regulations are adopted rather than the substance of the regulations. The Council endorsed the proposed changes to ground handling in March and will next take up the Better Airports proposal on slots. The European Parliament is expected to vote on the entire package by the end of this year.