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Aviation News

Notice to Readers
In observance of the Independence Day holiday in the US, the next edition of Daily News will appear on Tuesday, July 7.
French BEA: 'Very far' from establishing AF447 crash cause; A330 hit water intact
The lead investigator examining the May 31 Air France A330-200 accident said yesterday that malfunctioning pitot probes were "one of the factors but not the only one" that led to the aircraft's going down in the Atlantic Ocean and declined to cite a cause of the crash.
Austrian announces 1,000 job cuts, still confident on Lufthansa takeover
Austrian Airlines Group said yesterday that it will need to cut an additional €200 million ($281.6 million) in costs and will slash 1,000 jobs to help it achieve the savings target.
AACO warns against 'tit-for-tat' emissions schemes
Arab Air Carriers Org. Secretary General Abdul Wahab Teffaha estimated that inclusion of aviation in the EU's Emissions Trading Scheme will cost his member airlines around €200 million ($281.6 million) in 2012, the first year that carriers are scheduled to be included.
US military joins Yemenia A310 search; transport minister defends airline
Boeing delivers 125 aircraft in second quarter, including 99 737NGs
SITA: Airline IT investment 'to reach new low' owing to recession
ANA adds five 787s to order, to issue nearly $2 billion in new stock
ANA raised its firm 787 commitment to 55 aircraft from 50, according to a document released yesterday detailing the company's plan to issue 575 million new shares worth an estimated ¥182.62 billion ($1.9 billion) that will be used largely to finance new aircraft.
EC extends Austrian/Lufthansa investigation; focus is on concessions
The European Commission extended the deadline of its investigation into the takeover of Austrian Airlines Group by Lufthansa by at least 14 days, or up to a maximum 90 days although a decision is expected to come in about two weeks.
No additional Yemenia survivors found; EC threatens blacklisting
French military aircraft and boats are continuing to search the Indian Ocean near Comoros for debris and survivors from the Yemenia Yemen Airways A310-300 that crashed late Monday, while the European Commission demanded that the airline "urgently provide" information on its maintenance program to avoid being placed on the EU's list of banned carriers.