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☆ Pilots fail to cash in on air traffic revival -global survey
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +1 min

Jan 19 (Reuters) - A global rebound in air travel has brought pilots back to work after a pandemic-induced slump, but many men and women in the cockpit have concerns over salary, a survey on Thursday said. More than half of pilots have not had a salary increase for five years, according to the global survey by aviation industry specialist Goose recruitment and FlightGlobal. By contrast, 73% of respondents in North America reported higher salaries, driven by fierce demand for pilots as traffic rebounds. Almost two-thirds of pilots said they want to change jobs for better pay and conditions in the next 12 months. “Pilots will want to see their pay return to what it once was," said Mark Charman, chief executive of Goose Recruitment.

REUTERS/Kamil Krzaczynski/File PhotoJan 18 (Reuters) - New York excavation contractor Brian Dietz does not view higher air fares as a deal-breaker for flying and airlines are seeing more small and medium size companies like his feeding a 2023 rebound in business travel. Although business travelers often book economy seats, corporate travel is critical for airlines because it means more frequent flyers and appetite for higher-margin premium fares. SME executives were some of the first business travelers back on planes after the pandemic-induced slump. They have since emerged as the fastest-growing segment within corporate travel according to Amex GBT. Spending on business travel globally is expected to recover to 80% of 2019 levels in 2023, up from 65% in 2022, according to the Global Business Travel Association (GBTA).

Airfares from China are now 160% higher than before the pandemic, data from travel firm ForwardKeys shows, due to limited supply. Since Jan. 4, Air China (601111.SS), Hainan Airlines (600221.SS) and China Southern Airlines (600029.SS) have filed schedules with the U.S. Department of Transportation proposing to increase flights to as much as daily on some routes. Foreign carriers seeking to add flights to China require approvals from the Civil Aviation Administration of China, which did not respond to a request for comment. However, other flights were paused as it assessed market demand and government regulations. Many Western airlines parked large planes when international traffic plunged and production of new twin-aisle jets has been limited.

[1/4] LNG Canada site construction activities are held, in Kitimat, Canada, September 2022. LNG Canada, in which Japan's Mitsubishi Corp (8058.T) owns a 15% stake, is set to be Canada's first liquefied natural gas (LNG) export terminal. LNG Canada has previously described this approach as only one of the options it was considering. LNG Canada has full environmental permits from both governments to use natural gas turbines for Phase 2, making it unclear what leverage governments have to force electrification. But buyers may pay more for LNG produced with lower emissions, Klein said, noting that some buyers already purchase carbon offsets for LNG cargoes.

FAA officials said a preliminary review traced the outage to a damaged database file, but added there was no evidence of a cyberattack and the investigation was continuing. FAA officials said they were working to "further pinpoint the causes" so the problem can be avoided in the future. One issue airlines are facing is trying to get planes in and out of crowded gates, which is causing further delays. He described confusion as airline employees and many passengers were initially unaware of the FAA's moves and flight delays. The U.S. Travel Association, which represents the travel industry including airlines, called the FAA system failure "catastrophic."

☆ Analysis: U.N. nature deal can help wildlife as long as countries deliver
▼ + stars: | 2022-12-22 | by ( Gloria Dickie | ) www.reuters.com time to read: +5 min

Conservationists praised the deal's ambition, saying it amounted to a Paris Agreement for nature in setting out 23 specific targets against which countries can measure their progress. "This is equivalent to the 1.5 degrees Celsius global goal for climate," said Marco Lambertini, director-general of World Wildlife Fund International. "Otherwise, there is a big risk that the cheapest areas are protected rather than those that matter most for biodiversity." During the talks, delegates discussed whether protected areas should be entirely off-limits to human settlement and development, or if some resource extraction should be allowed if managed sustainably. Canada, one of the world's largest nations, is expanding protected land and marine areas in the Arctic.

Another was the requirement for companies to assess and disclose their impact and reliance on nature, despite the word "mandatory" being dropped from the final deal. While protecting nature comes at a cost, those companies that step up will attract more investors. "The big losers across the board will be 'business as usual'," said Eurasia Group senior analyst Franck Gbaguidi. A body representing some of the world's largest mining companies, including Glencore (GLEN.L) and Newcrest (NCM.AX), said disclosure would lead to a level playing field between sectors. The bill was ultimately calculated at $20 billion per year by 2025 and $30 billion per year by 2030.

MONTREAL/BOGOTA Dec 16 (Reuters) - Latin America is drawing early investment for jet fuel produced from materials like forest residues and palm oil as emission-conscious airlines scour emerging markets for less-polluting fuel to power flights, industry executives say. While most sustainable aviation fuel, or SAF, is produced in the United States, Europe, and Singapore, Latin America is emerging as a budding market. "Latin America right now is really a hot spot for Honeywell." Producing and distributing SAF in regions with faster-growing traffic like Latin America is key to meeting industry targets, said Landon Loomis, Latin America president for U.S. planemaker Boeing (BA.N). And Vibra Energia (VBBR3.SA) is working with Brasil BioFuels (BBF) to produce palm oil-based jet fuel in 2025.

☆ Quebec ends mandatory oath to King Charles for elected officials
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +1 min

MONTREAL, Dec 9 (Reuters) - Quebec on Friday passed a law ending a requirement for elected officials to take an oath to Britain's King Charles, agreeing to make such a show of fealty optional. Charles, 73, became king of the United Kingdom and the head of state of 14 other nations, including Canada, when his mother, Queen Elizabeth, died in September. "It's a beautiful moment for Quebec democracy," said PQ leader Paul St-Pierre Plamondon on Twitter. The PQ's three elected lawmakers tried unsuccessfully last week to enter the legislature after declining to take the oath. Reporting by Allison Lampert in Montreal; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

While indigenous groups account for about 5% of the world's population, their lands safeguard about 80% of Earth's remaining plant and animal species, according to the World Bank. Indigenous groups have a range of concerns about the U.N. summit negotiations. Some critics worry that the 30-by-30 target could be used to erode indigenous rights under the guise of conservation. Others, like Tuxa of Brazil and Ngomo of Congo argue that a 30% conservation target does not go far enough to ensure nature's protection. Adopting a 30% target at the national level could backfire, Tuxa said, in suggesting Brazil can open more land to development.

[1/3] Members of WWF protest during COP15, the two-week U.N. Biodiversity summit, in Montreal, Quebec, Canada December 7, 2022. REUTERS/Christinne MuschiMONTREAL, Dec 7 (Reuters) - Climate campaigners waved placards and chanted pro-nature slogans on Wednesday as a U.N. summit kicks off in Montreal, bringing together global negotiators for a "once-in-a-decade opportunity" to protect nature. Negotiators hope the two-week event delivers an agreement that ensures there is more "nature" — animals, plants, and healthy ecosystems — in 2030 than what exists now. Global Land Outlook assessment. ($1 = 1.3651 Canadian dollars)Read more:Businesses want COP15 nature summit to deliver clarityU.N. chief urges strong global nature deal to end 'orgy of destruction'Reporting by Allison Lampert and Gloria Dickie in Montreal; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

REUTERS/Rebecca Naden/File PhotoMONTREAL, Dec 6 (Reuters) - Countries are gathering Tuesday for a key U.N. nature conference in Montreal, aiming to broker a new global agreement to protect what's left of Earth's wildlife and natural spaces. Global Land Outlook assessment. Like many other campaigners, Zabey called for "an ambitious, clear and enforceable international agreement" similar to the Paris Agreement on climate change. Unlike the U.N. climate talks, Montreal's summit will see few world leaders, which negotiators say could make it tougher to reach an ambitious agreement. Meanwhile, Montreal police have put up a 3-meter (10-foot) fence around the downtown summit venue, Palais des congrès, and are preparing for thousands of student protesters expected to swarm the Montreal's streets to demand a strong deal to protect nature.

☆ Quebec party wants vote to end mandatory oath to King Charles
▼ + stars: | 2022-12-01 | by ( Allison Lampert | ) www.reuters.com time to read: +2 min

MONTREAL, Dec 1 (Reuters) - A Quebec political party opposed to swearing an oath to Britain's King Charles said it expects to introduce legislation on Thursday that would make such fealty optional. Left-leaning Quebec solidaire, whose members grudgingly took the oath that is required for elected officials, plans to introduce a bill in the Canadian province's national assembly, a party spokesperson said on Wednesday. It's not clear whether the party which represents just 11 ridings in the 125 seat assembly would have widespread support. It comes after the death of Queen Elizabeth in September revived debate among Canadians on whether the country should continue with the decades-old system of British monarchy. "It is, I think, a relic from the past," Gabriel Nadeau-Dubois, a co-spokesperson for Quebec solidaire, said in an interview.

☆ Boeing urges air taxi safety standards be as strict as for commercial jets
▼ + stars: | 2022-11-08 | by ( Allison Lampert | ) www.reuters.com time to read: +2 min

"We have to unify around the importance of bringing all advanced air mobility vehicles and operating systems to market with airliner levels of safety, with air transport levels of safety, with commercial levels of safety," he said at ICAO's Remotely Piloted Aircraft Systems (RPAS) Symposium. "There is of course significant risk that in an event involving any one of these vehicles that the whole category of advanced air mobility will be subject to penalty." Allen said regulators must approach advanced air mobility on safety in the same manner as commercial transport if air taxis are to fly over crowded, urban areas. But he added that some air taxis are being lumped into categories such as general aviation where smaller aircraft have different stringencies than larger jetliners. "To us, the more important thing is consensus on commercial safety standards," he said.

☆ Bombardier's loss narrows on strong demand for business jets
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

Nov 3 (Reuters) - Bombardier Inc (BBDb.TO) on Thursday reported a smaller adjusted loss in the third quarter, as robust demand for private jet travel boosted the aircraft maker's margins. The Montreal-based company said its third-quarter adjusted loss narrowed to $2 million from $95 million a year earlier. Corporate jet makers have been reporting swelling order backlogs on persistent strong demand for flying private, especially in the United States, the world's largest market for business aviation. The company reported third-quarter free cash flow of $52 million, compared with $100 million last year. Bombardier reported an adjusted loss of $0.10 per share.

[1/3] Manuela Teixeira, who runs six businesses in Old Chelsea village, stands at the counter of her cafe Biscotti & Cie, which she says faces a dire labor shortage, in Old Chelsea, Quebec, Canada, October 3, 2022. Canada has the worst labor shortages in the Western world, according to the latest OECD data from late 2021. Quebec's immigration ministry didn't respond to a query on the arrival caps and labor challenges for this article. The new census data showed 28.7% of recent immigrants to the province spoke French as their first language, up from 25.7% in 2016. When company workers had to isolate after arriving from Tunisia during COVID-19, people in the town rallied to help with supplies, she said.

☆ Gulfstream Aerospace weighs G550 replacement for special missions
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +1 min

ORLANDO, Fla., Oct 17 (Reuters) - General Dynamics Corp's (GD.N) Gulfstream Aerospace is weighing one of its business jets to replace its popular G550 aircraft which is now out of production for special mission purposes, President Mark Burns said on Monday. Governments are eying "special mission" business jets capable of looking or listening at potentially lower running costs than converted passenger or military planes. The rising demand for small jets with systems once reserved for bigger planes has energised a market led by Gulfstream, which faces challenges from rivals Bombardier (BBDb.TO) and France's Dassault Aviation SA (AM.PA). In September, Canada's Bombardier Inc (BBDb.TO) said the company's defense business involving special mission private jets could grow to a possible $1 billion in annual revenues from a 'fraction' of it right now. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Allison Lampert in Orlando, Fla.

☆ Private jet makers tout emission-fighting efforts, backlogs at air show
▼ + stars: | 2022-10-17 | by ( Allison Lampert | ) www.reuters.com time to read: +5 min

It will also test the strength of business jet demand, which surged during COVID-19 and swelled order backlogs, but could now face a softer economy. Honeywell International Inc (HON.O) has forecast up to 8,500 new business jet deliveries worth $274 billion from 2023 to 2032, up 15% from last year's outlook. BUSY QUARTERU.S. business jet traffic recovered faster in 2021 than commercial flight traffic, soaring above 2019 levels. Independent aviation analyst Brian Foley expects private jet usage in the United States to go down to more traditional levels this fall. Despite being a sellers' market, aviation attorney Stewart Lapayowker sees some early signs of softness.

☆ Private jet makers tout emissions-fighting efforts, backlogs at air show
▼ + stars: | 2022-10-17 | by ( Allison Lampert | ) www.reuters.com time to read: +4 min

It will also test the strength of business jet demand, which surged during COVID-19 and swelled order backlogs, but could now face a softer economy. BUSY QUARTERU.S. business jet traffic recovered faster in 2021 than commercial flight traffic, soaring above 2019 levels. Independent aviation analyst Brian Foley expects private jet usage in the United States to go down to more traditional levels this fall. Despite being a sellers' market, aviation attorney Stewart Lapayowker sees some early signs of softness. Some buyers in real estate and construction, sectors hit by rising rates, are reconsidering their orders, said Lapayowker, who leads Lapayowker Jet Counsel in Florida.

REUTERS/Joshua Schneyer/File PhotoOct 14 (Reuters) - Hyundai Motor Co's (005380.KS) air taxi unit has picked aerospace supplier Honeywell International Inc (HON.O) to develop avionics systems for its eVTOL (electric vertical take-off and landing) aircraft, the companies said, ahead of an announcement next week. "We want to see the FAA come out with its set of certification rules, quickly. Honeywell's collaboration with Supernal is its first with an air taxi firm established by an automaker. The company, which is a big supplier to Boeing Co (BA.N) and Airbus SE (AIR.PA), also has investments in other eVTOL firms - Lilium, Vertical Aerospace and Volocopter. The company expects the overall market for air taxis to be about $120 billion per year by 2030, Fymat added.

The 193-nation International Civil Aviation Organization's (ICAO) assembly, held every three years, is the first since COVID-19 put pressure on policymakers to speed up reforms. "We have to do something," Emile Nguza Arao, director general of Kenya's Civil Aviation Authority, told Reuters. Officials hope a global target will boost supplies of new Sustainable Aviation Fuel and encourage private investment. Even then, aviation is expected to remain in the cross-hairs of climate groups who see the exercise as a smokescreen. "A long-term emissions reduction goal with no enforceability plan is dead on arrival," said Jo Dardenne, aviation director at Brussels-based Transport & Environment.

A worker cuts a cast at Mitchell Aerospace, Inc., a manufacturer of light alloy sand castings for the aerospace industry, in Montreal, Quebec, Canada September 9, 2022. REUTERS/Christinne MuschiMONTREAL/CHICAGO, Sept 27 (Reuters) - Canada's Mitchell Aerospace has a booming business - and a shop-floor shortfall that is reverberating from Boeing (BA.N) to Airbus (AIR.PA). A slowing global economy has started to unwind some supply chain shortages that hit manufacturers and contributed to inflation. But aircraft parts makers are still reeling from deep job cuts undertaken when planes were grounded during the pandemic, a sign of how uneven the supply chain crisis remains. Airbus' production target has declined, while Boeing warned supply chain pressures have capped its ability to ramp up output.

☆ Sunwing union opposes Canadian carrier's plans to hire foreign pilots
▼ + stars: | 2022-09-25 | by ( Allison Lampert | ) www.reuters.com time to read: +3 min

Airline industry use of foreign pilots as aviation rebounds from the COVID-19 pandemic is sensitive for unions in Canada and the United States. Those unions want greater efforts to hire pilots from the airlines' home countries despite complaints of shortages. The use of pilots as temporary foreign workers is rare compared with other sectors. In the first half of 2022, Canadian employers were granted permission to fill 32 pilot positions with temporary foreign workers, according to government data. A spokeswoman for O'Regan said it was up to an employer to meet requirements to bring in temporary foreign workers.

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