Monthly Archives: June 2023

Avolon Forecasts Global Passenger Fleet to Almost Double by 2042

Asia to lead growth driven by travel demand from rising middle class Over US$4 trillion will be required to finance new deliveries providing major role for aircraft lessors Long-term demand to travel to see friends, family and do business undiminished by pandemic Avolon, the international aircraft leasing company, today publishes its World Fleet Forecast – […]

Airport Charges Remain Flat while Airfares Surge Alarmingly, Threatening Industry Recovery

Air tickets increased up to 50% in key international markets  Airport charges have remained flat even as inflation rates have soared over 10% since 2019 Airlines are capitalising on the lack of competition and pent-up demand to recover losses   Airport charges have remained steady since the pandemic, while airfares have soared above pre-pandemic levels […]

European aviation industry calls for swift adoption of ReFuelEU Aviation Regulation

Sustainable aviation is a shared goal across societies, industries and economies. It is right and proper that this crucial debate is had, and is had publicly. In light of scrutiny of the issue over the past few days, the five leading European aviation associations which are close partners in the Destination 2050 decarbonisation roadmap – A4E, […]

Skymetrix connects airline fuel & crew lifecycle management – with Rainmaker acquisition

Holistic airline cost efficiency offering, combining 40 years of industry experience, promises to streamline costs, helping the sector’s return to profitability Skymetrix, the leading global provider of aviation fuel & cost management solutions, has acquired Rainmaker Business Technologies, a specialist aviation crew pay and cost management software – providing a “one-stop-shop” for airline cost efficiency. […]

Search for contractors to develop Kaunas Airport: after reconstruction, Lithuanian airports will be able to handle more than 10 million passengers a year

Kaunas Airport is taking an important strategic step – international tenders for the selection of contractors for the passenger terminal and the northern apron expansion projects have been announced. This year’s data shows that passenger flows at Kaunas Airport are at a record high and ahead of previous forecasts. If this trend continues, this year […]

ACI World welcomes IATA’s Net Zero Roadmaps and calls for the continued collaboration of aviation stakeholders

Airports Council International (ACI) World, as one of the contributing organizations, today welcomes the launch of the International Air Transport Association (IATA) Net Zero Roadmaps and calls for continued collaboration of aviation stakeholders in building a sustainable aviation industry.  ACI and airports have been leaders in the decarbonization transformation, being the first to commit to […]

Aviation Leaders Assemble in Istanbul for IATA’s 79th AGM

The International Air Transport Association (IATA), announced that leaders of the global aviation industry are gathering in Istanbul, Türkiye, for the 79th IATA Annual General Meeting (AGM) and World Air Transport Summit, with Pegasus Airlines as the host airline. The event (4-6 June) attracts the industry’s most senior leaders from among IATA’s more than 300 member […]