A Delaware, U.S. judge has ruled that certain shareholder claims against Boeing can be pursued, while dismissing others, in relation to the two 737 MAX crashes which killed 346 passengers and crew. In the ruling in the Court of Chancery, Vice Chancellor Morgan Zurn said that the first of the two crashes was a “red
After months of heavy negotiations, Irish low-cost carrier and one of Boing’s largest customers, Ryanair, has walked away from the table without placing a new order which was projected to be in the order of 250 of the 230-seat 737 MAX 10 model. The deal would have been worth approximately US$33 billion before any anticipated
GEODIS has announced that its division in Hong Kong has been accredited as an Authorized Economic Operator (AEO) by the Hong Kong Customs and Excise Department. AEO status recognizes excellent security and safety procedures amongst those within the supply chain industry. With the accreditation, GEODIS will now now be given access to priority customs facilitation
Air Malta and Network Airline Services (NAS) have extended their Total Cargo Management (TCM) Agreement for a further two years. Whilst NAS has provided a TCM solution to Air Malta over the last few years, it has assisted the airline to vastly expand its cargo business as well as establishing itself in the global air
The International Air Transport Association (IATA) has released figures for the air cargo industry for the month of July with demand in cargo ton kilometre (CTK) terms increasing by 8.6% compared with the same month in 2019 (pre-COVID levels.) Capacity in available CTK in July was down 10.3% compared to the same period in 2019.
Willie Walsh, Director General, International Air Transport Association, has identified governments’ refusal to allow unrestricted travel, particularly for those passengers who are fully vaccinated. Commenting on travel demand for the month of July, 2021, Walsh said: “July results reflect people’s eagerness to travel during the Northern Hemisphere summer. Domestic traffic was back to 85% of
GA Telesis, (GAT) has been awarded ISO 14001 certification reflecting the company’s recognition of environmental sustainability and commitment to compliance with all relevant necessary regulations at GA Telesis facilities around the globe. The certification process follows standards set by the ISO – the International Organization for Standardization – to reduce the effect of global warming
Boeing and Ethiopian Airlines Group (Ethiopian) have signed a memorandum of understanding (MoU) that aims to position Ethiopia as Africa’s aviation hub – “Ethiopia for Africa”. The intention is to create a world-class aviation partnership, and to achieve their shared vision, there will be four areas of strategic collaboration: Industrial Development, Advanced Aviation Training, Educational
Embraer has announced the opening of a new office in Budapest, the capital of Hungary. The main objective is to foster cooperation in Hungary, which could result in future developments under new partnerships. The office also creates an administrative hub for projects development in Central and Eastern Europe. “Embraer is keen to increase its presence
The International Air Transport Association (IATA) commended the European Commission for its leadership and speed in delivering the EU Digital COVID Certificate (DCC) and urged states to make it their global standard for digital vaccine certificates. “The DCC was delivered in record time to help facilitate the reopening of EU states to travel. In the
