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AMR submits formal plan to exit bankruptcy
AMR, the parent company of American Airlines, filed its formal plans to exit bankruptcy late Monday, bringing its proposed $11 billion merger with the US Airways Group closer to reality. The reorganization plan, which details some executive compensation and outlines measures for creditors and shareholders, is a necessary step before the two companies can come together to create the world’s largest airline. The plan requires both court and creditor approval.
Under the plan, AMR’s departing chief executive, Thomas W. Horton, would receive a $19.9 million severance package.
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Pinnacle seeks green light to exit bankruptcy
Pinnacle Airlines plans to ask for approval to emerge from bankruptcy from a court Wednesday. The regional carrier's restructuring plan would have it become a subsidiary of Delta Air Lines.
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AA-US Airways could be required to divest some slots
The Department of Justice is reviewing the number of takeoff and landing slots for a merged American Airlines-US Airways. "If they think there's a problem and conclude the transaction would reduce competition, that's when the DOJ makes these selective requirements to divest routes or slots," said Alison Smith, an antitrust attorney. US Airways CEO Doug Parker told a Senate committee last month that divesting slots at Ronald Reagan Washington National Airport would not be good for consumers. "If US Airways or the new American were asked to divest slots, we would, by definition, divest those that are the least lucrative to the airline," Parker said. "Those would tend to be service to smaller communities."
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JAT agrees marketing alliance with Etihad
Serbia's JAT Airways has secured a marketing alliance with Etihad Airways to codeshare, stopping short of the equity tie-up mooted by Serbia's government.
Mired in recession and struggling to find investors in the European Union, Serbia had hoped Abu Dhabi-based Etihad would buy a stake in JAT, with media reports suggesting 49 percent was up for sale.
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FAA considers implications of lithium-ion batteries
The Federal Aviation Administration is considering whether the overheating of lithium-ion batteries on the Boeing 787 could have implications for other uses of the batteries. "There might not have been a lot (of dialogue) in the past, but I can assure you there will be going forward," said George Nield, associate administrator for commercial space transportation at the FAA.
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Android app is not capable of hijacking planes, FAA says
The Federal Aviation Administration and the European Aviation Safety Agency are rebutting claims by a technology consultant that aircraft can be hijacked with an Android app. "The described technique cannot engage or control the aircraft's autopilot system using the [Flight Management System] or prevent a pilot from overriding the autopilot," the FAA said.
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EU to approve Airbus A380 wing repairs
The European Aviation Safety Agency said on Monday it would give formal approval to repairs designed to eliminate potential cracks on wing components on the Airbus A380.
A draft directive means aircraft being retrofitted with newly designed wing components will no longer be subject to a special regime of checks, completing a vital step towards ending a 16-month trauma surrounding the world's largest jetliner.
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Boeing 737s receive inspection order from FAA
The Federal Aviation Administration has ordered inspections on pins used to attach tail panels to the fuselage for Boeing 737 jets. The pins, which haven’t caused any accidents, may suffer from corrosion due to "an incorrect procedure used to apply the wear and corrosion protection surface coating," the FAA said. Boeing agrees with the rule.
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United Airlines CEO pay drops 41%, down to $7.9 million
The CEO of United Airlines saw his total 2012 compensation shrink 41% last year after stumbles in the airline's merger with Continental. Compensation for Chairman and CEO Jeff Smisek was $7.9 million last year, down from $13.4 million after a cut in his incentive payments.
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Airline industry opposes customs preclearance for Abu Dhabi, UAE
Airlines for America and the Global Business Travel Association, as well as other groups, signed a letter protesting a decision by U.S. Customs to open a preclearance station in Abu Dhabi, United Arab Emirates. The letter asked the Department of Homeland Security to "instead continue to work collaboratively with the U.S. airline, airport and travel and tourism industries to resolve lengthy wait times at U.S. airports."
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Korean Air to resume Russian flights
Per Korean Air's Twitter account, the airline will resume three weekly flights between Incheon and St. Petersburg effective 4/23/13.

Pegasus Air to float stake in IPO this week
Turkish low-cost carrier Pegasus Airlines will sell a 34.5 percent stake in an initial public offering (IPO) this week, the Istanbul-based company said in a stock-exchange filing.
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Airlines raise airfares by $4
Delta initiated a price increase of $4 on most round-trip flights on Thursday. The increase was quickly matched by United, American Airlines, Southwest Airlines and JetBlue, making it the first successful broad-based airfare increase of the year.
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Aviation Quote

In a world in which we are all slaves to the laws of gravity, I'm proud to be counted as one of them freedom fighters. Skydive!

Anonymous

On This Date

---In 1867... Wilbur Wright born in Millville, Indiana.

---In 1912... Harriet Quimby, the first American woman pilot, lands after a solo flight across the English Channel from Dover to Calais, France.

---In 1941... Igor I. Sikorsky impressively demonstrates the capabilities of his VS-300 helicopter by hovering virtually motionless over Stratford (Connecticut) Airport for one hour, five minutes. Powered by a large, 90-hp engine, it sets a new helicopter record.

---In 1964…The first XAIM-47A air-to-air missile is fired from a YF-12. (Q)

---In 1970…Apollo 16 - USA Manned Lunar Lander (April 16-27, 1972) launched. Crew: John W. Young, Charles M. Duke, Jr., Thomas K. Mattingly II. Young and Duke landed on April 21, 1972, at the Descartes crater located at latitude 9°00' N and longitude 15°31' E. They deployed instruments, drove the lunar rover, and collected 94.7 kilograms of samples during a 71-hour surface stay.

---In 1973... The Florida State Senate votes unanimously to restore the name “Cape Canaveral” to the NASA establishment which was renamed “Cape Kennedy” shortly after the President’s assassination.

---In 1994…A Royal Navy Sea Harrier is shot down over Serbia by a SA-7 Grail. The pilot was later rescued.

Daily Video

Editor’s Choice

Humor

Air Evac Crew

After dying in a helicopter crash, three air ambulance crewmembers find themselves at an orientation to enter heaven. Each one was asked, "When you are in your casket, what would you like to hear your friends and family saying about you?" Sean says, "I would like to hear them say I was a great medic and a great family man." Karl says, "I would like to hear them say I was a wonderful husband and an excellent pilot who made a difference."
The copilot says, "I would like to hear them say, 'Look! He's moving!'"

Trivia


Who Am I

1. I was born in Russia and emigrated to the United States. I was always tinkering with machines. I developed an aerial vehicle that was the first successful design in its class. With some assistance from fellow émigrés I started my company that began building flying boats. During WW2 I designed the first practical helicopter for the Department of War. My company still exists today as part of the United Technology Group. Who am I?

2. I was born the day after Pearl Harbor got bombed by the Japanese. I started my higher education at a Teacher’s college then transferred to the U of Missouri. I joined the US Navy in 1967 and was one of the first graduates of Top Gun. I was also the only Navy ace of the Viet Nam war. Who am I?


3. I was born in 1897, in Atchinson, KS. In December of 1920 I was given a ride that would change my life forever. I was the 16th woman to be issued a pilot’s license. In my second attempt to circle the globe, my airplane disappeared, no remains ever to be found. Who Am I?

4. I was born in 1914, and died in 1998. I started flying at an early age and grew up to be a test pilot for one of the industry’s leading manufacturers. Under the guise of selling airplanes, I barrel rolled a four-engine transport aircraft over Lake Washington. Who am I?


5. I was born in 1922 in Germany. I have had several nicknames, like “Bubi” or “The Black Devil.” As a fighter pilot I left a record that will never be broken; yes, I said never. I shot down 352 enemy airplanes. Who am I?