1 August 2023

Nordica has began the process of turning the company around

Nordica initiates turnaround process

On August 1, Nordic Aviation Group (Nordica) began its turnaround efforts by enlisting the expertise of an international consulting company to guide the airline back to profitability. David O’Brock, Chairman of the Board of Nordic Aviation Group, acknowledged the severe deterioration in Nordica’s economic situation in the preceding months. Revenues fell significantly below expectations, while […]

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Heathrow Airport has requested airlines to uplift as little fuel as possible at Heathrow

IBA takes closer look at impact of Heathrow fuel supply issues on carbon emission

Phil Seymour, President, IBA, has taken a closer look at the news that Heathrow Airport has requested airlines to uplift as little fuel as possible at Heathrow, which means that there will be undoubtedly an increase in CO2 emissions. But what is the order of magnitude and how will airlines manage the situation? IBA estimates

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SITA and Envision Digital have signed a new partnership agreement to help airports reduce operational costs

SITA and Envision Digital sign new partnership agreement

Air transport industry IT provider SITA and Envision Digital, a Singapore-headquartered global net-zero partner and Artificial Intelligence of Things (AIoT) technology leader, have signed a new partnership agreement to help airports reduce operational costs and support their net-zero ambitions.  The companies have developed solutions that allow real-time data IoT flows, enabling airports to monitor and

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IBA strengthens aviation intelligence with acquisition of Fleetwatch

IBA, a renowned aviation market data and intelligence company, announced on August 1, that it intends to acquire the Fleetwatch application from Aeromanage. Fleetwatch is a mobile application that caters to the aviation leasing and finance community by delivering real-time alerts to mobile devices, linked to aircraft flight events and status changes using ADS-B data.

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DHL Express

DHL Express to invest US$192 million in aircraft maintenance facility at CVG Airport

DHL Express has announced a significant investment of US$192 million to construct an aircraft maintenance facility at Cincinnati/Northern Kentucky International Airport (CVG). The purpose of this facility is to support the growth of its expanding fleet at its primary U.S. air hub. The Kentucky Economic Development Finance Authority has given its approval for US$1 million

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Canada Jetlines has taken delivery of its third Airbus A320 aircraft

Canada Jetlines takes delivery of third Airbus A320

Canada Jetlines has announced that it has taken delivery of its third Airbus A320-family aircraft. The aircraft has been acquired on lease from a leading global aircraft lessor. “Canada Jetlines is executing on  its previously-announced fleet growth plan with the addition of its third aircraft,” stated Canada Jetlines CEO, Eddy Doyle. “The arrival during summer

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