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• Air Arabia has become the first Middle Eastern airline to go public, with an initial public offering worth nearly US$700 million • Due to the boom in Indian aviation, the country will need 5,000 pilots in the next five years, the country’s Aviation Ministry says • Jacksonville International Airport is undergoing a major expansion that includes the building of two new terminals, due for completion in 2008 • The Santa Fe Municipal Airport hopes to attract new business with major runway improvements and a federal certification to handle aircraft with up to 60 passengers • Airports in Asia, including India, are operating close to full capacity and urgent investment is needed infrastructure upgrades, the Sydney-based Centre for Asia Pacific Aviation says in a recent report • GECAS and Lynxs Holdings of Texas have formed a 50/50 joint venture, Lynxs Group, to develop, finance and manage new air cargo facilities. • As part of an effort to reduce runway incursions, the U.S. FAA is streamlining the certification process for technology that will allow pilots to view their aircraft's "own ship" position on runways and taxiways via a moving map display using GPS technology • Bangkok's Don Muang Airport will reopen for domestic flights on Sunday to ease congestion at the new US$4 billion Suvarnabhumi Airport • Dubai Aerospace Enterprise has proposed to buy Landmark Aviation, an FBO network with 35 locations, and Standard Aero, a provider of overhauls and maintenance for turbine engines, for US$1.5 billion |
