Even tobacco companies can make the world a healthier place — or at least former units of them. Targacept, which was spun out of the research division of R.J. Reynolds Tobacco in 2000, announced that it has struck a drug development deal with GlaxoSmithKline worth up to $1.5 billion.
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On average, airlines need 30 highly trained pilots available for each long-haul aircraft in their inventory. For short-haul planes they need less, between ten and 18.
Today's pilot shortage is the result of extraordinary growth in air traffic in the Persian Gulf, China and India; the rise of lucrative low-cost carriers in Europe and Asia; and the sustained recovery of the US airlines from the industry recession caused by the 9/11 attacks.
The North West government of South Africa is considering to establish an aviation academy, at the Mafikeng Airport. This will help lure learners in the province and the entire African Continent to study aviation at the academy.
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The new restrictions at airports will deter some consumers from air travel but it's the ongoing threat of terrorism that will have a greater effect on their travel habits, according to a new survey by Synovate.
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The global airline industry is set to almost halve its losses in 2006 but a crisis is brewing over US security measures that could stop thousands of people flying, the industry's top body revealed.
Johannesburg International airport's name will change to OR Tambo airport, probably in October, Minister of Arts and Culture Pallo Jordan announced in Parliament on Thursday.
"I am formally announcing that I am approving the name change," he told the National Assembly. The name change was initially proposed by the local municipality.
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More than half of airline passengers are confused by the new baggage restrictions, a poll out today shows.
As many as 52% are unsure about what they can now take with them, the survey from the International Air Passengers Association (IAPA) found. [More -- August 30, '06]
Tighter airport security in the wake of a foiled bomb plot in Britain last week sent big-spending business travelers rushing to private jets in hopes of avoiding long delays and luggage restrictions.
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Royal Air Maroc (RAM) has said it would buy a 51% stake in Air Mauritanie.
