ZIA valda, the holding company run by entrepreneur Gediminas Ziemelis, which has been operating for over two decades, is rebranding to Vertas Management. In 2018, the consolidated revenues of the managed companies exceeded 503 million euros. Vertas Management is undergoing an intensive global expansion, uniting over five thousand employees and 17 companies in various business
SAS is going to offset the flight carbon footprint of all tickets booked using a EuroBonus number. This is part of an ambitious program by SAS to reduce climate changing emissions, that also includes more energy efficient aircraft and the increased use of biofuels. By including carbon offset for its EuroBonus program members, 40% of
American Airlines is hiring aviation maintenance technicians (AMTs) around the country during the first half of 2019. The company’s Line Maintenance team plans to hire more than 250 AMTs in approximately 30 cities as a result of increased demand for maintenance support in the U.S. as the airline’s peak summer season approaches. “This big hiring
Yangon International Airport (YIA) will update terminal facilities and enhance carrier partnerships to handle the increases in passenger numbers expected, following Myanmar’s relaxation of entry visa requirements last October. Following the government’s efforts to ease visa regulations last year, the number of Asian travelers to Myanmar has increased significantly, with China contributing the majority of
The Lufthansa Innovation Hub (LIH) opened its first foreign office in Singapore on Monday, 28thof January. The expansion of the aviation group’s digitalization and innovation unit, established in 2014, is a strategic response to the rapidly increasing importance of the Asian technology sector for the future of travel and mobility. The focus of the LIH
The Chicago-based parts trading company Aero Trade is going through a rebranding and warehouse relocation. The extensive stock of Airbus and Boeing Rotables, as well as the multiple APUs for their lease and teardown programs needed more space. The success of the last two years made a purchase and move to a state of the
The Board of Airline Representatives (BARIG), the association representing the mutual interests of over 120 German and international airlines operating in Germany, expands its range of Business Partners by adding the UNEX Management Consulting Group. The consultancy’s portfolio also includes the unit UNEX Travel & Transport. Besides strategical advice, UNEX Management Consulting Group also offers
A French flying instructor has been arrested by Italian police following a mid-air collision between a light plane and a helicopter in the Val d’Aosta region of Italy last Friday in which seven people were killed. It is understood that a light plane which was attempting to land on the Rutor Glacier struck a helicopter
Outgoing Commissioner of Transport Violeta Bulc received the 2nd European Aviation Environmental Report (EAER) which has been prepared and published by the European Union Aviation Safety Agency (EASA), in cooperation with the European Union Environment Agency (EEA) and EUROCONTROL. The report provides an assessment of the historic and forecasted environmental performance of the European aviation
The appearance of two drones flying nearby Newark Airport yesterday (Tuesday) caused considerable disruption to inbound and outbound flights, with flights being grounded at one point. A pilot at nearby Teterboro airport had reported sighting a drone that came within 30 feet of his aircraft which promoted the actions at Newark. Commenting on the incident,
