Airline Pulse: News and Notes for Feb. 10, 2016
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Despite a last-minute engine switch, the brand new Airbus A321neo made a successful first test flight yesterday. The first orders for the plane should be delivered by the end of this year.
Negotiations between the U.S. and Japan to allow American carriers access to Tokyo Haneda airport have been postponed so that the U.S. government can have more time to evaluate its decision. Delta is against the move, but American and United are for it.
Another airline is having trouble moving its money out of Venezuela. Brazilian airline Gol has suspended flights to Venezuela's capital until it can get its profits out of the country. Venezuela has notoriously strict currency exchange laws that have affected other carriers, including American Airlines.
The European Union is seeking new “fair competition” rules for airlines. The governing body wants to curb public subsidies for airlines and also revisit the rules for foreign carriers flying in E.U. airspace.
Alberta’s struggling oil industry is hurting airlines and, now, airplane manufacturers. WestJet is seeking to slow delivery on its orders of Bombardier Q400s. There is currently not enough demand for the airplanes to be a worthwhile investment. Bombardier, however, is struggling itself and wants to unload the planes as fast as possible to increase its revenue.
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