Global CO2 emissions per seat show significant decline, reports IBA

Aviation market intelligence firm IBA has reported a notable decrease in CO2 emissions per Available Seat Kilometre (ASK) globally compared to pre-pandemic levels. According to the company’s latest data, global aircraft efficiency has seen significant improvement, with CO2 per ASK dropping between 4.1% and 10.1% from 2019 to 2024 as airlines continue to modernise their […]

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Wizz Air has opened a new pilot training centre at Rome Fiumicino Airport

Wizz Air opens advanced pilot training centre at Rome Fiumicino Airport

Other News

Wizz Air has inaugurated its latest state-of-the-art pilot training centre at Rome Fiumicino Airport in Italy, marking a significant expansion of its training capabilities beyond its initial facility in Budapest. The new centre is set to provide recurrent training for more than 4,800 pilots annually, reinforcing the airline’s commitment to maintaining the highest standards of

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Avolon reports strong Q3 results

Financial

Aviation finance company Avolon has provided an update on its activities for the third quarter (Q3) of 2024. The company sold 11 aircraft during the period, resulting in 59 aircraft now agreed for sale. Additionally, Avolon delivered nine new aircraft and transitioned five aircraft to a total of 11 customers. It has entered into letters

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KLM implements strategic overhaul to boost profitability and efficiency

Other News

KLM Royal Dutch Airlines (KLM) has announced a series of measures aimed at enhancing its operational and financial performance. This comprehensive plan includes increasing productivity, simplifying the organisational structure, reducing costs and deferring non-essential investments. While KLM’s revenues are on the rise, these steps have become necessary due to increasing costs related to equipment, staffing,

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Gogo to acquire Satcom Direct, expanding global in-flight connectivity

Financial

Gogo Inc. and Satcom Direct have entered into a definitive agreement under which Gogo will acquire Satcom Direct, creating an in-flight connectivity provider capable of meeting the performance and cost requirements of every segment in the global business aviation and military/government mobility markets. As per the terms of the agreement, Satcom Direct will receive US$375

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Ribbon cutting ceremony at P&W’s new Oklahoma City facility

Pratt & Whitney opens new state-of-the-art facility in Oklahoma City

Financial

Pratt & Whitney (P&W) has inaugurated its new 845,000 ft² facility in Oklahoma City, further establishing its position as the company’s largest military engines field location. The US$255 million investment will enable Pratt & Whitney to meet the growing demands of both U.S. and international defence customers for engines such as the F135, F117, TF33,

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AH-6 Little Bird helicopter for Royal Thai Army completes maiden flight

Military & Defense

The first of eight Boeing AH-6 Little Bird light attack helicopters for the Royal Thai Army successfully completed its maiden flight on August 22, at Boeing’s facility in Mesa, Arizona. Following the delivery of the AH-6 fleet, Boeing will train the Royal Thai Army pilots at its Mesa site and the U.S. Army’s Yuma Proving

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JSA secures US$150 million financing for Frontier Airlines’ fleet expansion

Financial

Jackson Square Aviation (JSA) has successfully closed a US$150 million pre-delivery payment (PDP) financing facility for Frontier Airlines Inc. (Frontier). The facility will partially finance Frontier’s obligations for the pre-delivery payments on its Airbus A320neo-family aircraft, scheduled for delivery through to 2027. The new PDP financing marks a continuation of the long-standing relationship between JSA

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Toyota invests additional US$500 million in Joby Aviation

Financial

Toyota Motor Corporation will invest an additional US$500 million in Joby Aviation to support the certification and commercial production of Joby’s electric air taxi, aiming to realise the two companies’ shared vision of air mobility. The investment, which will be made in two equal tranches, is subject to standard regulatory approvals and certain other conditions,

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SAS names Peter Cabello Holmberg as new CIO

People

SAS has announced the appointment of Peter Cabello Holmberg as its new Chief Information Officer (CIO), who will be responsible for leading the airline’s digital transformation agenda, focusing on advancing digital solutions, enhancing operational efficiency and driving innovation to support SAS’s future growth. Holmberg is a distinguished technology leader with an impressive track record in

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Global CO2 emissions per seat show significant decline, reports IBA

Wizz Air opens advanced pilot training centre at Rome Fiumicino Airport

Avolon reports strong Q3 results

KLM implements strategic overhaul to boost profitability and efficiency

Gogo to acquire Satcom Direct, expanding global in-flight connectivity

Pratt & Whitney opens new state-of-the-art facility in Oklahoma City

AH-6 Little Bird helicopter for Royal Thai Army completes maiden flight

JSA secures US$150 million financing for Frontier Airlines’ fleet expansion

Toyota invests additional US$500 million in Joby Aviation

SAS names Peter Cabello Holmberg as new CIO

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