THURSDAY DEC 26, 2024
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Tag: Government
NEWS Mar 08, 2024 NTSB Investigating Stuck Rudder From Boeing 737 MAX 8 Aircraft in Newark A United Airlines Boeing 737 MAX recently experienced "stuck" rudder pedals shortly after landing, prompting the National Transportation Safety Board (NTSB) to investigate the incident. Read More →
NEWS Mar 05, 2024 Lufthansa Considers Ditching ITA Airways Buyout After Hitting EU Scrutiny Deutsche Lufthansa AG, one of Europe's major airlines, finds itself tangled in a complex web of negotiations and regulatory scrutiny surrounding its offered acquisition of ITA Airways, the successor to Italy's former flagship carrier, Alitalia. The latest developments suggest that Lufthansa may reconsider its investment in ITA Airways due to the strict demands imposed by the European Union (EU) and the uncertainties surrounding the deal's antitrust implications. Read More →
NEWS Mar 04, 2024 $1 Billion Lawsuit Filed: Passengers Claim Alaska Airlines and Boeing Put Lives at Risk Three passengers on Alaska Airlines Flight 1812, which had an incident involving a door plug blowing off mid-flight in January, are suing the airline and Boeing for $1 billion. The case includes negligence for allegedly ignoring the signs of an impending incident. Read More →
ROUTES Feb 29, 2024 Chinese Airlines Can Now Offer 50 Weekly Flights to U.S. Destinations The U.S. will allow Chinese airlines to increase the number of weekly direct passenger flights between the two countries. The decision will help reduce U.S.-China tensions by providing more opportunities for direct connectivity. Read More →
NEWS Feb 29, 2024 U.S. Justice Department Launches Investigation into Boeing's Door Plug Incident In January, just days before the expiration of a crucial deferred prosecution agreement (DPA) with the Department of Justice (DOJ), a mid-air incident involving an Alaska Airlines Boeing 737 MAX 9 reignited concerns about the company's safety practices and compliance with the agreement. Read More →
NEWS Feb 28, 2024 Hundreds of Flights Canceled in Argentina as Aviation Employees Go on One-Day Strike Hundreds of flights were canceled in Argentina as unionized airport employees partake in a 24-hour strike on February 28. The only airlines operating at Ezeiza International Airport (EZE) in Buenos Aires are American Airlines and Flybondi. As the strike was coordinated, various domestic and international airlines flying in the country rescheduled or moved flights to assist their passengers. Read More →
NEWS Feb 28, 2024 Boeing Faces 90-Day Deadline for Action Plan Addressing Quality Control Issues The Federal Aviation Administration (FAA) has assigned Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for the production of new planes, less than two months after a door plug blew out of a 737 MAX, nine minutes into an Alaska Airlines flight. Read More →
NEWS Feb 27, 2024 FAA Report Slams Boeing's Safety Culture as 'Inadequate and Confusing' On February 26, U.S. regulators released an assessment of Boeing's safety measurements and company culture. The report pressured the company since it had already dealt with the aftermath of the Alaska Airlines incident in January and the two fatal crashes in 2018 and 2019 involving the 737 MAX 8 jet. The expert panel stated, "A lack of awareness of safety-related metrics at all levels of the organization." Read More →
NEWS Feb 24, 2024 Delta Air Lines Warns of Job Losses and Canceled Flights if U.S. Ends Aeroméxico Partnership On February 23, Delta Air Lines urged the U.S. government to allow the carrier to continue its partnership with Aeroméxico. Ending the partnership would have forced Delta to cancel nearly two dozen routes, eventually having significant economic impacts. On January 26, the U.S. Department of Transportation (USDOT) "tentatively dismissed without prejudice" the agreement renewal. Read More →
INFORMATIONAL Feb 20, 2024 What Can JetBlue Expect After Activist Investor Carl Icahn Acquired a 10% Stake in the Airline? Activist investor Carl Icahn has taken a 10% interest in JetBlue by purchasing 33.6 million shares of its stock in January and February. His investment has caused a more than 18% rise in the prices of JetBlue stock, a phenomenon known as the Icahn Rise. There are several possible reasons for Icahn taking a stake in JetBlue, ranging from a simple profit-taking opportunity to long-term airline control. Read More →