ICBC Aviation Leasing and GA Telesis have signed a Memorandum of Understanding (MOU) at the Paris Air Show to agree on building a marketing alliance in assisting airlines in their fleet renewal activities by trading out of mature or end of life aircraft and in providing spare engine financing and leasing solutions. “As a world-leading
Boeing will invest US$1 million in Brazil’s efforts to establish a sustainable aviation fuel industry. The investment will focus on initiatives that maximize social, economic and environmental benefits to local communities engaged in the development of feedstock that can be used to produce sustainable aviation fuel (SAF). In 2018, the company provided an additional US$1
International Airlines Group (IAG) traffic in May increased by 6.0% versus the same period last year while capacity rose by 5.3% versus the same period last year. The load factor for May increased 0.5 points to 82.3% when compared to May 2018.
EASA has published European rules on drones to ensure drone operations across Europe are safe and secure. The rules will amongst others help to protect the safety and the privacy of EU citizens while enabling the free circulation of drones and a level playing field within the European Union. The new rules include technical
Honeywell and Vertical Aerospace have signed a memorandum of understanding (MOU) to address the technical, regulatory and business challenges of the emerging urban air mobility segment. The companies plan to integrate Honeywell avionics, navigation, fly-by-wire and other products and advanced technologies that leverage the company’s technologies into future Vertical Aerospace vehicles for use in urban
Swissport wins easyJet business at Zurich Airport as of September 1, 2019. The five-year contract complements Swissport’s existing business with the airline in Geneva and at Basel‘s EuroAirport. Swissport will service some 120 daily easyJet flights at the three Swiss airports combined. On a global level easyJet relies on Swissport’s ground services at 19 airports.
Air Canada said it has entered into a sales agency agreement with Drone Delivery Canada (DDC) through which Air Canada Cargo will market DDC’s drone delivery services in Canada, giving the logistics community access to the growing potential of commercial drone deliveries. Under the terms of the agreement, Air Canada Cargo will act as a
Omni Handling, Portugal’s leading executive aircraft handling company, is ready to expand in its local and regional markets, reflecting the strong growth in business aviation growth these past 12 months. Already holding a 50%-plus market share in Lisbon, Cascais, Porto and Faro, the company has positioned itself in readiness with a revamped brand image and
Voyego, the dedicated travel and mobility division of the Comtrade Group, has partnered with Aer Lingus to deliver an innovative Payments Hub platform. In essence, the payments hub enables Aer Lingus to implement new alternative forms of payments such as Apple Pay and Aer Club Avios points. As well as providing new payment options, the
A combination of an escalating trade war and increased oil prices saw global airlines cut profit forecasts by 21% as the threat of an industry slowdown looms. According to the International Air Transport Association (IATA), which represents 80% of the world’s air traffic through approximately 290 carriers, December’s forecast of US$35.5 billion has been slashed
