Aug 27, 2007
ATA forecasts 2.6% rise in passenger volume for Labor Day week. The Air Transport Association forecasts 15.7 million passengers will travel globally on U.S. airlines during the 2007 Labor Day period, spanning Wednesday, Aug. 29 through Wednesday Sept. 5, resulting in a 2.6% increase in passengers over the same period last year. Aug 23, 2007
Delta Air Lines
Air traffic control system must be revamped, says Anderson: In a CNBC video, new Delta CEO Richard Anderson talks about the need for airspace modernization. "The air traffic control system must be revamped, both the finance system of the air traffic control system and the way we operate that system," he said. Aug 22, 2007
Raytheon, XM Satellite Radio
Raytheon and XM Satellite Radio Holdings are bidding together on a contract to overhaul the air traffic control system, transforming the current radar-based system into a modern and efficient satellite-based system. The FAA is expected to award the contract as early as next week. The deal could be worth more than $2 billion over the next 20 years. "This is a transformation of the air traffic control system," said an FAA spokesman...