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Daily Archives: January 3, 2012

Lufthansa warns of ticket price increases as Europe implements Emissions Trading Scheme (ETS)

German carrier Deutsche Lufthansa is warning that flyers will face higher ticket prices as it refuses to shoulder the almost €130 million (approx US$ 170 million) additional costs it faces thanks to the European Union’s new Emissions Trading System (ETS) which took effect on new year’s day, January 1. In a statement the airline explained its reasoning based on the …

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2011 US airline industry review – The return of profits, but only just

Air travel and economic growth are widely recognized to be linked together; the industry typically grows at about double the rate of economic growth. However, despite the economic malaise in the United States, 2011 was not a bad year for the aviation industry here. As US airlines dealt with stagnating demand and appreciating fuel prices, they still managed to pull …

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Official highlights of 2011 by the Ministry of Civil Aviation

This is the official take of the Indian Ministry of Civil Aviation on highlights of 2011. Bilateral Aviation Safety Agreement (BASA) signed with USAIndia has signed Bilateral Aviation Safety Agreement (BASA) with United States on 18th July, 2011. This agreement provides for mutual certification of aeronautical products. It recognizes the mutual benefit of improved procedures for the reciprocal acceptance of …

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