GTLK Europe DAC and GTLK Europe Capital DAC, two Russian state-owned aircraft and shipping leasing firms, both registered in Ireland, have both been ordered to be wind up by the Irish High Court. The orders have resulted in the dismissal of an application for both companies to be placed into examinership. Combined, the two companies […]
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SAS has see continued positive trend for passenger demand through the second quarter. The carrier reported that 5.4 million passengers flew with SAS during the quarter, which represents an increase of 36% compared with the same period last year. The overall underlying demand for travel was healthy during the quarter, despite the economic uncertainties in
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The International Air Transport Association (IATA) has released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance. Global demand, measured in cargo tonne-kilometres (CTKs), fell 6.6% compared to April 2022 (-7.0% for international operations). This decline was an improvement over the previous month’s performance
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IAG Cargo, the cargo division of International Airlines Group (IAG) has officially launched its new cargo handling facility, New Premia at key international hub, London Heathrow. New Premia will serve as IAG Cargo’s new home for handling premium loose shipments, enabling double the amount of cargo to be managed daily. To accommodate this increase in
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Industry veteran Tom Plant this month steps into the role of Executive Chairman at Acro Aircraft Seating, bringing three decades of expertise and a wealth of global experience to the fast-growing company. The appointment follows a period of intense development and major investment for Acro, culminating in the company’s recent move into industry-leading, purpose-built headquarters
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A new Boeing Distribution Services site is now open at Panattoni Park Rzeszów Airport III in Poland, more than doubling the space for storing aircraft parts compared to the prior location and expanding Boeing’s presence in Poland’s Aviation Valley, a unique industrial hub. The new site enables advanced, customised shipping and packing processes for Boeing’s
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All Nippon Airways (ANA) will enhance its long-standing relationship with Sabre to amplify its network planning and optimisation capabilities. ANA and Sabre have a valued, decades-long relationship, with the airline already using Sabre Slot Manager solution for its international routes. The carrier will now deploy the same advanced technology for its domestic network. ANA is also part of
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