Prescott Support Company is proud to announce that it has been certified by the Federal Aviation Administration (FAA) as having met all requirements for a fully functional Safety Management System (SMS). This is a voluntary program in which participants implement SMS methods and regulations to improve safety for clients and employees and signifies that Prescott has successfully implemented an SMS aligned with U.S. and international standards.
Over recent years, more and more carriers are picking up cargo on the side to help create a little bit more revenue whenever possible. While this can be great for some carriers, there are also carriers that focus solely on cargo, causing them to lose out on business. With the increase in air cargo needs that the first quarter of 2014 saw, this may not seem like a major issue, but since that number has shown signs of stagnation, this could have some long-term effects on some air cargo carriers.
The FAA recently came out with good news for pilots and the airlines they serve, when they approved the iPad mini for use with Jeppesen's electronic flight bag (EFB) solutions. The iPad has been authorized for several years and has reportedly saved the airlines millions in fuel costs, since it eliminated the pilots’ 35-pound kit bags, but the iPad mini is even lighter – only ¾ lbs, and its smaller 7.9 inch touchscreen, which makes it even easier for pilots to use the EFB, since it is half the weight of an iPad.
In early April the International Civil Aviation Organization’s Dangerous Goods Panel (DGP) recommended the ban of all lithium metal batteries on passenger airlines. Certified Hazmat Air Cargo Carriers may benefit from tightened regulations and greater oversight of transporting potentially dangerous goods by air.
A year that has shown an increase in fuel costs has shocked the majority of people by announcing a second straight year of growth. This is largely thanks to the increase in demand for air travel.
The International Air Transport Association, also known as the IATA, has announced that for the second year in a row, air transport is showing signs of amplified profitability. Plus, this comes after a minimal downgrade in how the industry guessed profits would be for 2014 ($19.7 million down to $18.7 million).
Reasons for the Boost
Despite the long and drawn-out struggle to save World Airways since November of 2013, Thursday the airlines announced that it would no longer be operating flights.
It was announced, Tuesday, that the Peachtree City, Georgia-based company, had defaulted on its loan and that the lien holder stopped providing any funding to the struggling airline. As a result, 109 pilots and an additional 146 flight attendants were laid off as the company began to shut down the different phases of operation.
Recently, the air freight transportation market was analyzed to see what kind of profit margin the industry as a whole may be looking at for the year 2014. The findings were that January had a growth of 4.3%, and February followed up with a 2.9% rate of growth. This was up over the same month last year. During the same two months in 2013, the market saw 1.4% overall growth, but 2014 has shown a 3.6% growth, more than doubling the overall growth of last year's numbers.