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| FAA seeks comment on new pilot certification proposals |
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FAA yesterday published an advance notice of proposed rulemaking seeking public comment on proposals to adjust certification regulations for FAR Part 61 and 121 pilots and "to gather information on whether current eligibility, training, and qualification requirements for commercial pilot certification are adequate." |
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| Thai approves lease of 15 widebodies |
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The Thai Airways board announced plans to lease 15 widebody aircraft over the next five years, requiring an investment of approximately THB35 billion ($1.05 billion). |
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| Short-term improvement will not stop 'record' full-year loss at BA |
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British Airways maintained its stark outlook and warned of "record losses" in its fiscal year ending March 31 despite sharp cost cuts and a better-than-expected third-quarter loss of £37.5 million ($58.9 million), narrowed 52% from the £78 million deficit suffered in the year-ago period. |
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| Steven Udvar-Hazy retires from ILFC |
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Unable to arrange a purchase of the aircraft leasing giant he founded from parent American International Group, ILFC CEO Steven Udvar-Hazy retired from the company Friday. |
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| Finnair annual loss doubles to €102 million |
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Finnair reported a 2009 net loss of €102 million ($142.2 million), more than double the €46.3 million loss it suffered in 2008, citing a "historically difficult year" in which demand and yield plunged. |
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