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Video: Stock selloff continues after signs of weakness in China

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FAA investigating near mid-air collision by passenger planes over New York

The Federal Aviation Authority is investigating a near mid-air collision by two passenger airliners above New York City, it said on Friday.

A Delta Airlines Boeing 747, coming in to land at New York’s JFK airport, came within half a mile of a Shuttle America flight which was taking off from La Guardia, the FAA said in a statement.

The aircraft had “lost the required separation” that aeroplanes must have from one another in the air, the agency said. Both planes ultimately landed safely.

“The FAA is investigating an incident on June 13 at 2.40pm, in which Delta Airlines Boeing 747 arriving at JFK’s Runway 4L lost the required amount of separation with a Shuttle America Embraer E170 departing from LaGuardia’s Runway 13,” the FAA said.

“The two aircraft were turning away from each other at the point where they lost the required separation. Both aircraft landed safely.”

An FAA source said that in the airspace where the incident occurred the required separation for aircraft is 1,000ft above or below one another and 1,000ft from wingtip to wingtip.

The “nose to tail” required separation between aircraft is three miles, the source said.

The situation arose when the pilot of the Delta flight made a decision not to complete his landing on runway 4L at JFK. This is a standard procedure known as a “missed approach”.

NYC Aviation, a trusted aviation news website which reconstructed the near miss from flight radar data and control tower audio, said that normally in that situation the pilot would bank to the right and circle back for another attempt.

In this case the pilot of a flight just ahead of the Delta Boeing 747 had also aborted his landing. This meant the Delta flight could not also bank right, for fear of coming too close to the aircraft ahead.

Instead the Delta flight was ordered left by the JFK control tower, before then banking right.

This brought the Delta flight into the path of the Shuttle America Embraer E170, which had just taken off from La Guardia.

NYC Aviation told the story of the briefly dramatic exchange between the pilot of the Delta Boeing 747 and the JFK control tower.

JFK tower asks Delta 172, “Are you turning?” Delta 172 responds “Uh, yes sir, we’re almost at 040 now.” Immediately after, the JFK tower controller gets back on the radio and states “Delta 172 heavy, traffic 12 o’clock, 1400 feet, Embraer at 1600 feet,” with a tone of important in his voice. Delta 172 replies “Ok, we got them on the fish finder here,” referring to the traffic collision avoidance system.

“OK, he’s eastbound at 1800 feet climbing out of ZULAV.” At this moment, the two aircraft were at virtually the same altitude, headed for each other. However, all parties involved knew of the conflicting traffic, and both aircraft were actively turning to avoid each other. Delta turning to the right, Shuttle America to the left.

With the TCAS alarm sounding in the background, Delta 172 gets back on the radio and says “OK, we’re turning right to 060.” JFK tower then assigns a heading of 180, and Delta 172 is heading south to re-enter the approach pattern. Just like that, it’s over. Shuttle America 5981 continues on to Jacksonville, and Delta 172 circles back to JFK and lands safely.

FAA investigating airplanes’ near-miss over NYC

NEW YORK (AP) — The Federal Aviation Administration is investigating a near-miss by two airplanes over New York City.

The FAA said in a statement Friday that a Delta Airlines Boeing 747 arriving at John F. Kennedy International Airport came close to a Shuttle America Embraer E170 departing from LaGuardia Airport around 3:45 p.m. June 13.

The aircraft were “turning away from each other at the point where they lost the required separation,” the FAA said. Both aircraft landed safely.

FAA investigating 2 airplanes’ near-miss over NYC

The Federal Aviation Administration is investigating a near-miss by two airplanes over New York City.

The FAA said in a statement Friday that a Delta Airlines Boeing 747 arriving at John F. Kennedy International Airport came close to a Shuttle America Embraer E170 departing from  LaGuardia Airport around 3:45 p.m. June 13.

The aircraft were “turning away from each other at the point where they lost the required separation,” the FAA said. Both aircraft landed safely.

Regulators Clear Virgin Atlantic/Delta Deal

Delta Airlines’ proposed purchase of a 49% stake in Virgin Atlantic has been cleared by EU and US regulators.

The move – aimed at giving Virgin a greater foothold in the US and Delta more access to London’s Heathrow airport – will intensify Sir Richard Branson’s rivalry with British Airways (BA).

The deal was announced last December when Singapore Airlines said it planned to sell its shares in Virgin to Delta – subject to competition investigations.

On Thursday the European Commission said the agreement did not pose a threat as the venture would have to compete against strong rivals, notably BA and American Airlines.

The commission added that it cooperated with the US Department of Justice and Department of Transportation in reviewing the proposed deal.

It will result in a £224m investment in Virgin by Delta, the largest carrier in the US.

The pair will continue to operate under their own brands but help each other on routes.

At the time the proposed investment was announced, the airlines spoke of their hopes that it would intensify competition on North America routes and bring down ticket prices.

FAA investigating 2 airplanes’ near-miss over New York City

The Federal Aviation Administration is investigating a near-miss by two airplanes over New York City.

The FAA said in a statement Friday that a Delta Airlines Boeing 747 arriving at John F. Kennedy International Airport came close to a Shuttle America Embraer E170 departing from  LaGuardia Airport around 3:45 p.m. June 13.

The aircraft were “turning away from each other at the point where they lost the required separation,” the FAA said. Both aircraft landed safely.

Kennedy’s Worldport terminal called ‘endangered’ by preservation group

  • Kennedy’s Worldport terminal called ‘endangered’ by preservation group

    Delta Airlines terminal 3 at JFK was originally

    Photo credit: Delta Airlines terminal 3 at JFK was originally constructed in 1960 as the Pan Am Worldport. (Getty)

    Like the Bengal tiger and blue whale, Kennedy Airport’s Worldport terminal — set to be demolished by 2015 — has officially been classified as “endangered.”

    A group dedicated to saving the flying-saucer shaped terminal, owned by the Port Authority and leased by Delta Airlines, helped land the architectural marvel on the National Trust for Historic Preservation’s latest list of America’s 11 most endangered historic places, which was released Wednesday.

    Preservationist group “Save the Worldport” was co-founded by Kalev Savi and Anthony Stramaglia, two New Jersey residents who felt a connection to the landmark building. Savi started a Facebook group when he heard of the Port Authority’s plans to destroy the terminal and replace it with an airplane parking lot.

    Since 2011, the group has campaigned tirelessly to save the Worldport, lobbying the Port Authority with proposed plans for re-purposing the terminal, waging a social media campaign and more..

    “We’re very glad that they selected us,” Stramaglia said of the trust, “but of course it’s a bittersweet nomination because there’s the word ‘endangered,'” Stramaglia said. “And endangered means that the status hasn’t changed.”

    However, the terminal’s presence on the list might help lead to action, according to the National Trust’s senior New York field officer Roberta Lane.

    “We’ve had over 240 places on the list and only a handful have been lost,” she said. “So the chances [of the terminal being saved]of are good.”

    Lane said the trust picked the Worldport to be on its list in part because of “Save the Worldport’s” grassroots efforts.

    “It represents the jet age, such a historic moment in the history of design and aviation,” Lane said. “For that, we thought we should raise awareness that there’s a threat there.”

    For Stramaglia, in addition to his fond personal memories of the terminal, the historic events that have taken place under the “architecturally unique” umbrella — like the Beatles’ departure from the U.S. after their first tour — are reason enough to preserve it.

    “So much happened under that umbrella that people don’t realize,” he said.

  • US court upholds Exim Bank loan for Air India


    A
    US court has rejected a plea by the Delta Airlines to vacate the US Export-Import Bank’s support for the sale of 30 Boeing wide-body jets to Air India.

    At the same time, the US Court of Appeals in Washington DC asked the Exim Bank to further explain its financing decision for the Air India transactions.

    However, it chose to leave undisturbed the Bank’s financing of the Air India transaction and did not question the Bank’s flexibility in carrying out its statutory mandate.

    The decision comes following the appeal by the Delta Airlines, Inc and the Airline Pilots Association of a lower court decision in July 2012 that determined that the Exim Bank improperly approved financing for purchases of certain Boeing aircraft by Air India.

    In its lawsuit, Delta Airlines had alleged that Exim failed to consider the economic impact of its loan guarantees for the purchase of wide-bodied Boeing aircraft by Air India.

    It alleged that Exim Bank’s decision to provide a loan guarantee of $3.4 billion to Air India, to help it buy 30 aircraft from Boeing, would badly affect several US airlines, especially the Atlantic-based carrier, Delta.

    “I am gratified by the court’s recognition that these transactions should not be impeded by litigation.

    “The Bank maintains significant flexibility in complying with its statutory mandates and its effort to support American jobs.” said Fred P Hochberg, chairman and president of Exim Bank.

    “This represents a victory for tens of thousands of American aerospace workers,” he said.

    US court upholds Exim Bank loan for AI

    US court upholds Exim Bank loan for AI

    A US court has rejected a plea by Delta Airlines to vacate the US Export-Import Bank‘s support for the sale of 30 Boeing wide-body jets to Air India.

    At the same time, the US Court of Appeals in Washington DC asked the Exim Bank to further explain its financing decision for the Air India transactions.

    The decision comes following the appeal by the Delta Airlines Inc and the Airline Pilots Association of a lower court decision in July 2012 that determined that the Exim Bank improperly approved financing for purchases of certain Boeing aircraft by Air India.

    In its lawsuit, Delta Airlines had alleged that Exim failed to consider the economic impact of its loan guarantees for the purchase of wide-bodied Boeing aircraft by Air India.

    It alleged that Exim Bank’s decision to provide a loan guarantee of $3.4 billion to Air India, to help it buy 30 aircraft from Boeing, would badly affect several US airlines, especially the Atlantic-based carrier, Delta.

    The Court of Appeals has also chosen to leave undisturbed the Exim Bank’s financing of the Air India transaction and did not question the Bank’s flexibility in carrying out its statutory mandate.

    “I am gratified by the court’s recognition that these transactions should not be impeded by litigation. The Bank maintains significant flexibility in complying with its statutory mandates and its effort to support American jobs.” said Fred P Hochberg, chairman and president of Exim Bank.

    “This represents a victory for tens of thousands of American aerospace workers,” he added.

    With inputs from PTI