The European Union's decision to delay the extension of its emissions-trading scheme to aviation was welcomed by Raymond Benjamin, secretary general of the United Nations' International Civil Aviation Organization. The EU's emissions plan was "a source of concern for us," Benjamin said.
Boeing has confirmed its plans to build a third assembly line for its 737 MAX jet at its Renton, Wash., facility. The company also announced that it has made some refinements on the jet, including an adjustment to the fuselage line and improved visuals for pilots.
Delta Air Lines has found an effective cost-cutting strategy in the purchase of 49 used McDonnell Douglas MD-90s, which they have revamped with new interiors and paint, this feature says. These jets safely fly as new planes do, but shave about 10% off the cost of operating per seat over a new Boeing 737. Delta's cost-cutting strategy has enabled the carrier to pay down debt, improve aircraft interiors and invest in Wi-Fi while also enjoying its third consecutive year of profitability.
Bilateral airline partnerships are the key to foreign investment restrictions, says Richard Anderson, CEO of Delta Air Lines. He also said he envisions larger global alliances to play an "umbrella" role in cooperation between carriers from different nations.
JetBlue Airways is reporting a 1% increase in passenger traffic for October when compared to the same month last year, but passenger revenue is down about $20 million due to disruptions from superstorm Sandy. The airline expects a similar effect on revenue in November.