David Charles Peacock, Creative Commons license
“Those who say that Norwegian’s business model doesn’t work don’t understand how budget airlines work”, says Tore Østby, vice president of Norwegian Airlines, to Swedish Public Radio, Sveriges Radio.
Østby’s statement should be viewed in light of recent growing concerns that Norwegian, which posted a loss of 2 billion Swedish kronor for the first quarter of 2018, has been growing too fast for its own good.
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For instance, Michael O’Leary, CEO of rival low-cost airline Ryan Air, said in September last year that Norwegian would be bankrupt within five months. Following that comment, Norwegian shares fell about 5 percent.
Norwegian’s order for 222 new airplanes in 2012 with a book value of $21.5 billion, to be delivered and paid for over a decade, has been met with some concern given the financial state the budget airline is in today.
In the interview with Sveriges Radio, Tore Østby defends the plan saying that the new planes will be more fuel efficient and that buying in bulk is cheaper.
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What’s more, new planes can easily be sold or rented, giving some financial leeway, according to the company.
“No one can beat you if you have the best planes,” Tore Østby says.
Early in May, Norwegian Air Shuttle turned down a takedown offer from British Airways’ parent company, International Airlines Group.
The offer initially caused NAS’s shares to soar almost 50 percent, but the board rejected the offer because it “undervalued NAS and its prospects,” according to AP.
Obamacare premiums are set to soar in 2018
After combing through 149 proposals for its Unmanned Aircraft Systems Integration Pilot Program — which seeks to operationalize drones in safe and unique ways — the U.S. Department of Transportation, in partnership with the Federal Aviation Administration, selected 10 winners May 9.
The pilot program, which was announced in October 2017 as a White House initiative, will provide state and local governments an opportunity to partner with private sector entities to accelerate the integration of drones in the U.S.
Overall, the program aims to tackle the most pressing challenges to safely and effectively use drones. Each pilot program will be tailored to a particular purpose.
“Data gathered from these pilot projects will form the basis of a new regulatory framework to safely integrate drones into our national airspace,” said DOT Secretary Elaine Chao.
Here are the 10 entities selected to participate, along with a brief explanation of their pilot project.
1. Choctaw Nation of Oklahoma will partner with CNN to test flying drones beyond a pilot’s line of sight, according to Gizmodo.
2. City of Reno (Nev.) will partner with Flirtey, a drone delivery service, to test the safety of delivering medical supplies such as defibrillators, EpiPens and opioid overdose antidotes via drones, according to the Reno Gazette Journal.
3. City of San Diego will partner with UC San Diego, Qualcomm and Uber to test real-world applications of drones, such as food delivery within minutes, boarder surveillance and transporting blood tests by
Article source: https://www.beckershospitalreview.com/supply-chain/meet-the-10-participants-in-the-us-drone-program.html
Boeing Co., the world’s largest aerospace concern, stands to lose roughly $20 billion in business with Iran after the U.S.’s controversial withdrawal Tuesday from the 2015 nuclear agreement with the Middle East nation.
Boeing has agreements to sell 110 planes worth roughly $20 billion to Iranian airlines, based on list prices. The U.S. withdrawal, which pledges punishment for banks and businesses doing transactions in Iran, stretches to Boeing’s French rival Airbus SE
AIR, -0.36%
, which had a multibillion-dollar sale planned, and to parts maker General Electric Co.
GE, +0.48%
Licenses for Boeing
Article source: https://www.marketwatch.com/story/boeing-will-lose-out-on-20-billion-in-iran-deals-as-airbus-ge-impacted-2018-05-08
In the near future, if you’re vacationing in the Outer Banks, North Carolina and you need an emergency blood transfusion, a drone could buzz over from the mainland and drop off a pint at the hospital or medical clinic where you’re laid up.
Zipline, a medical drone delivery startup headquartered in San Francisco, has been operating a nationwide emergency blood delivery service in Rwanda for the past two years. The startup has been waiting to bring the model to the U.S., but the Federal Aviation Administration’s restrictive rules, which ban flying drones over populated areas and beyond line of sight from the pilot, prevented Zipline and other delivery drone companies from operating in the U.S. But on Wednesday, the FAA announced that 10 U.S. states have been approved to launch a three-year pilot program, easing the current rules in an effort to jumpstart the commercial drone industry in the U.S.
Alphabet, Apple, Airbus, FedEx, Intel, Microsoft, Uber, and Qualcomm are among the winners, along with smaller companies like Zipline, Flirtey, and PrecisionHawk. Amazon, which has multiple patents for drone delivery, was not approved to participate in the program, Reuters reports. China-based DJI, the world’s largest drone manufacturer, also did not make the cut.
During the press conference, U.S. Transportation Secretary Elaine Chao announced that the 10 pilot projects will test different commercial drone applications to assess how the federal government should regulate nationwide commercial use.
The companies that are part of the pilot range from Flirtey, which will be airdropping defibrillators
Article source: https://www.inc.com/will-yakowicz/faa-approves-us-drone-pilot-program.html
To anyone cruising U.S. Highway 93, your last thought would be that small planes are being flown over an acre of farmland.
On most calm afternoons, several men can be found on the corner of Minesinger Trail and Farm Road in Polson, sitting in lawn chairs waiting for the right moment.
This is kind of our little slice of heaven, Erik Kendall, one of the men controlling some of the small planes, said.
The Mission Valley Model Aviators consists of a group of guys who fly various sizes of model airplanes, although anyone is welcome to watch.
There are about 15 members on the roster, all of whom pay dues which help to go toward the lease of the runway, a green patch of land at the intersection nestled between sections of farmland.
Member Erich Spidel, who has 12 flyable planes stored neatly in a trailer, said that each year the member dues vary, depending on how many members there are.
Kendall is one of two people in the Mission Valley qualified to train people on how to fly the mini aircraft, and when newcomers attend and show interest, his planes are the ones that are used to learn.
He doesnt charge to teach because its difficult to get people, especially youth, involved in the hobby.
Flying the planes can be expensive, but so can fishing, so is hunting, anything can be really expensive, Kendall said.
Although they keep their eyes in the sky, for the most part, the aviation enthusiasts keep their feet firmly on the ground
Article source: http://www.leaderadvertiser.com/front_page_slider/20180510/local_group_flies_high_in_the_sky
The World War-era Stratofreighter is undoubtedly one of Colorado’s most unusual—and interesting—places to enjoy a meal.
| May 10, 2018
Keep your peanuts and soggy sandwiches—this Colorado Springs novelty gives “airplane food” a whole new meaning.
The Airplane Restaurant, opened in 2002, is literally a diner inside the belly of a restored KC-97 tanker. Get ready for the aviation trivia: Built by Boeing between 1944 and 1958, the KC-97 is a World War II-era model that was used by the U.S. Air Force for long-range cargo and troop transport. With the addition of two extra engines, it was also frequently converted into a refueling tanker. Due to their slower cruising speed, however, it was difficult for the converted KC-97s to refuel B-52 bombers and other swift jets. To get around this problem, the planes connected at high altitude and then simultaneously entered a shallow dive, allowing the tanker to pick up more speed in a maneuver known as “toboganning.”
Built in 1953, the Airplane Restaurant’s namesake, which has been outfitted with seven rows of comfortable booths, refueled aircraft around the globe and once nearly had to ditch in the middle of the Atlantic Ocean near the remote Azore islands. Fortunately, the crew made it back safely, and the plane finished its service to our country in the Texas Air Guard, the
Article source: http://www.5280.com/2018/05/only-in-colorado-the-airplane-restaurant/