Thursday, January 17, 2013
Obviously, today's top story is the emergence of a near-global consensus among aviation regulators to prohibit the flying of Boeing 787s until it's technical problems can be investigated. Last week the FAA announced plans to take another look at the aircraft. Then Wednesday, after another incident, All Nippon Airlines and Japan Airlines announced that they would stop flying the aircraft temporarily. Wednesday night, the FAA issued an emergency airworthiness directive halting operation of U.S.-registered 787s. Regulatory bodies in Japan, Europe and India have since followed suit.
Wednesday, January 16, 2013
It appears Etihad will become the first foreign airline to own a minority stake in an Indian carrier. This was made possible by India's recent relaxation of restrictions on foreign direct investment. The report indicates that Etihad will have the option to "scale up" its purchase, though foreign airlines are still prohibited from owning a majority share in Indian carriers.
Tuesday, January 15, 2013
Monday, January 14, 2013
United Parcel Service abandoned its plans to takeover TNT Express after learning that EU competition authorities would block the deal. The European Commission has not yet issued an official decision, but U.P.S. withdrew its bid after attempts to offer concessions proved insufficient.